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The Seller agrees to waive the right to re-enter and take physical possession of the <br /> Property upon satisfactory completion and inspection by the Seller of the Stage I <br /> Improvements as follows: <br /> a. Trunk and lateral sanitary sewer. <br /> b. Trunk and lateral water main. <br /> C. Storm drainage facilities (when specified). <br /> d. Stormwater maintenance through 90 percent buildout. <br /> e. Streets(excluding the final bituminous lift) <br /> f. Concrete curb and gutter(urban). <br /> 9. Street traffic control signals. <br /> h. Lot grading. <br /> i. Trail development. <br /> j. Sidewalks. <br /> k. Electricity(within one-fourth mile). <br /> 1. Phone(within one-fourth mile). <br /> M. Natural gas(within one-fourth mile). <br /> n. Boulevard sodding. <br /> 0. Water shut off boxes. <br /> P. Landscaping <br /> (the"Stage I Improvements"). <br /> S. Upon satisfaction of the terms set forth in Section 4 above, the right of re-entry <br /> only set forth in Section 4 herein shall be released in a recordable writing executed <br /> by the Seller's Mayor and City Administrator. <br /> 6. This document constitutes the entire Right of Re-entry Agreement between the <br /> parties. Any modifications or amendments to this Agreement must be in writing <br /> and signed by both parties. <br /> Page 17 of 18 <br />