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DEED RESTRICTION PAGE 2 60 feet, thence S54° West 155 feet, thence West 150 feet; thence North 150 feet to the point of beginning. Also, a part of the S 1/2 NE 1/4 of Section 33, Town of Vermont, described as follows: Commencing at the Northwest corner of the S 1/2 of the NE 1/4; thence East 529. 6 feet along the North line of the said S 1/2 NE 1/4 to the point of beginning; thence continue East 891 .4 feet to a parcel, previously deeded, thence South 150 feet, thence East 150 feet; thence N54° East 100 feet, more or less, to the Westerly line of the East three-fourths of the SE 1/4 of the NE 1/4 of the said Section 33; thence South 104 feet, more or less, to a point which is 195 feet South of the North line of the said S 1/2, NE 1/4; thence West 1058 feet along a line which is 195 feet South of the said North line; thence N18° West 205 feet to the point of beginning. II. WHEREAS said owner desires to place certain restrictions thereon, to bind the owner and those who may acquire title hereafter. III. NOW, THEREFORE, in consideration of the mutual benefits passing to and from the owner and those who may hereafter purchase said land and the parties named as beneficiaries of these restrictions, the following restrictions are hereby imposed: 1 . The 4 . 85 acre parcel shall maintain the current conditions of the Conditional Use permit and memorandum of understanding. 2 . The 14 .54 acre rezone area shall be utilized for a parking lot area only. These restrictions shall constitute covenants running with the land and shall be binding upon all parties now owning any part of said land, their successors, heirs and assigns, and all parties holding under them unless, pursuant to paragraphs 5 or 6 of this instrument, said restrictions are amended or terminated. IV. The restrictions provided for herein shall be enforceable at law or equity against any party who has or acquires an interest in the land subject to the restriction by the following parties who are named as grantees, promisees and beneficiaries with enforcement rights: