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DEED RESTRICTION PAGE 2 To A-2-- A part of the Northeast 1/4 of the Northeast 1/4 Section 16, Town of Pleasant Springs, commencing at the East 1/4 corner of Section 16; thence along the East line of said Section 16 and centerline of Hill Street N00°29' 15"E 1852 .28 feet to the point of beginning of this description; thence S87°59' 49"W 847 .23 feet; thence S00°29' 15"W 535. 00 feet to the South line of the NE 1/4, NE 1/4;Thence along said South line of the NE1/4, NE 1/4; Thence along said South line S98°58' 49"W 484 . 18 feet along said South line to the Southwest corner of the NE 1/4, NE 1/4; Thence along the West line of said NE 1/4, NE 1/4 to the Northwest corner N00°27' 50"E 1321 . 01 feet;thence N88°30"E 995.74 feet along the North line of Section 16;thence S00°29' 15"W 500 . 00 feet;thence East 335.79 feet to the centerline of Hill Street and the East line of Section 16; thence along said centerline and section line S00°29' 15"W 271 . 38 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) . That there be no further residential development on the A-2 rezone area. 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.