Common use of Termination of Original Deed Restriction Clause in Contracts

Termination of Original Deed Restriction. 1.1.1. Except as provided for below, all components of the Original Deed Restriction: (a) are each hereby forever terminated, extinguished and vacated and will no longer be considered a covenant or restriction burdening the Subject Property or binding the Subject Property Owner; (b) shall no longer have any force, effect, or legal significance with respect to the ownership, use and occupancy of the Subject Property; and (c) is replaced by this Covenant.

Appears in 9 contracts

Samples: smrha.org, Deed Restriction and Covenant, Deed Restriction and Covenant

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