PD BACKGROUND REPORT (PL-SPP-2022-014)

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H I T N E S S E T S 15622 282 Whereas, Developer has created and constructed a private water system for the benefit and use of all of those Lots located in Rualalai Farms SuMivision, Units I and II, North Kona, Hawaii; and Whereas, all lot owners in Rualalai !arms Subdivision, Units I and II, have the absolute and irrevocable right to receive such water as they require for constmption and use on their lots in said Subdivision contingent only on the obligation of such let owners to pay for such water as they may use or consume, and on the obligation of such owners to pay their proportionate share of the cost of the ssaintenance of the said water systems and utilities easements as set forth herein and further, on their obligation to purchase and install a water muter to meter all water frow the said water r system used or consumed on this lot; anA Whereas, the Developer has conveyed or will convey to Purchaser Lot 6 T of Nualalsi Farms Subdivision, Unit I Worth Kona, Hawaii, hereinafter referred to as the Lots and Whereas, all lots in nualalai Farms Subdivision, together with those other lands which may now or in the future be identified in Exhibit A attached hereto and incorporated herein by this reference, or such amended Exhibit A as may be attached in the future will jointly have access over that certain roadway more particularly described in Exhibit S attached hereto and by this reference incorporated herein as though fully set forth, and they shall further make joint use of the utilities easements also more particularly described in Exhibit N attached hereto and by this reference incorporated herein as though fully set forth; and -2-