130 -
City Of Houston
| Acreage: |
5.01 +/- |
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| Sq. Ft.: |
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Comments:
The deed from Seller to Purchaser will contain the following restrictive covenant:
“This conveyance is also made and accepted subject to Grantee’s agreement, which agreement is a restriction upon and covenant running with the land, that neither Grantee nor its successors or assigns shall ever erect, place, use or maintain any billboard or similar structure on the above-described premises for the display thereupon of any advertising; provided that this covenant shall not prevent the placing upon any building which may be erected thereupon, or upon the premises, of appropriate signs advertising the business therein conducted, the products therein sold, or otherwise reasonably incident to the occupancy and use of such building and the premises.
It is further understood and agreed that any violation of the foregoing covenant shall give the Grantor, its successors, or assigns the right to enter upon the Property and summarily remove any such billboard, sign board, or similar advertising device or structure at the expense of the owner, and such entry and removal shall not be deemed a trespass or conversion, and the Grantor, its successors, or assigns shall further have the right to enforce the performance of the covenant by the appropriate legal action, and no act or omission upon the part of any of them shall be a waiver of the operation or enforcement of such covenant or condition.”