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STATE OF TEXAS
COUNTY OF WILLIAMSON
WHEREAS, Robert
RESTRICTIVE COVENANT
PSI
S
Newberg and Harold Peschel, dba,
Newberg-Peschel Used Cars, of Williamson County, Texas, are the
owners of the following described property, to -wit:
BEING all of that certain tract or parcel of land lying
and being situated in the City of Georgetown, Williamson
County, Texas, and being Lots 1, 2, and 3, Block 3,
COUNTRY CLUB ESTATES, commonly known as 1208 Williams
Drive, and being that certain property conveyed to
Newberg-Peschel Used Cars, a partnership, by Deed dated
00 February 4th, 1982, and recorded in Cabinet A, Slide
Co 119, Plat Records of Williamson County, Texas.
0 WHEREAS, the City of Georgetown, and the aforesaid owners
Q agree that the above described property should be impressed with
Q certain convenants and rebtriccions running with the land and
desire to set forth such agreement in writing;
NOW, THEREFORE, we, Robert Newberg and Harold Peschel, for
and in consideration of One and No/100 Dollars ($1.00)p and other
good and valuable consideration in hand to the undersigned paid
by the city of Georgetown, the receipt of which is hereby
acknowledged, do hereby agree with respect to said described
above, such agreement to be deemed and considered as a covenant
running with the land, and which shall be binding on them, their
heirs, successors and assigns, as follows, to -wit:
Should, and at such time the hereinabove described property
be utilized for commercial purposes as permitted under the City
of Georgetown Zoning Ordinance Classification C -2A, Commercial or
for such other Commercial use as provided under such City Zoning
Ordinances, then, in such event, the following restrictive
covenants shall be applicable and enforceable as hereinafter
provided: •
1. The Zoning Ordinance Classification C -2A Commercial shall
apply to said lot so long as said lot is utilized for the purpose
of selling used or new automobiles or other vehicles.