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• JUL 04 '94 11:28 GRUPE DEV.- STCCKTCN 2094736061_ P.3i4 <br /> Optionee's development of the Combined Property, including (without <br /> limitation) claims of lien for work or labor performed or for materials and <br /> supplies, or claims by private or governmental parties to enjoin the <br /> development or for damages is connection therewith as a result of <br /> environmental., zoning, or other sindlar considerations, or claims for <br /> mitigation sanctions. <br /> 15. Insurance. If requested, Optiomee shall carry public liability <br /> and property damage insurance insuring Optionor as an additional insured vitb <br /> -the following limits: <br /> Public Liability $1,000,000 <br /> Property Damage $1,000,000 <br /> 16. Approval-Development Process. optionee acknowledges that <br /> Optionor has made no representations of any kind in connection with Opti.onee's <br /> Intended or proposed use or development of the Option Property or Levee Lot <br /> Parcel. <br /> A. Right of Entry. In order to assist Opti,onee in its <br /> efforts to develop the Combined Property, Optionor agrees that Optionee and <br /> its authorized representatives shall have the right to enter upon the Option <br /> Property and Levee Lot Parcel for the purpose of surveying and mapping, <br /> inspecting, taking soil tests and doing engineering work thereon or <br /> thereunder. Optionee shall repair, fill, and restore areas tested, areas <br /> from which fill is removed, and areas upon whichh work is performed to its <br /> prior state, such repair to be sufficient so that Optionur can continue to use <br /> the property for the same purpose as it was prior to optionee'e work. <br /> B. Cooperation and Approval of Optionor. optionor agrees to <br /> cooperate with Optio-nee in connection with 4ptionee's attempts to obtain all <br /> Permits necessAry for development of the Combined Property, provided_ that <br /> 0921084/033089 -2i- <br />