be in violation of these Restrictive Covenants with the same consequences as if such Owner delegating such right and easement had violated the same.

PERSON. Person or Persons shall mean any individual, individuals, entity or entities having the legal right to hold title to real property.

PROPERTY. Property shall mean and refer to that certain real property hereinbefore described as the subdivision and more particularly described as Seven Falls Ranch, according to the plat of said subdivision as referenced herein and recorded in the Plat Records of Gillespie County, Texas and any additional real property owned by Developer as long as such additional real property is:

property contiguous or adjacent to such additional real property; and

of record in Gillespie County, Texas, indicating that such additional property will constitute an addition to SEVEN FALLS RANCH; and

(iii) to be developed by Developer in a manner consistent with the concept contemplated by these Restrictive Covenants.

Such additional real property may become subject to these Restrictive Covenants by Developer who may, without the consent of any Owner, which consent Is expressly waived by each Owner, at any time and from time to time, add to SEVEN FALLS RANCH and to the concept hereof any such property which Is presently owns or which it may hereafter own, by filing of record a supplement to these Restrictive Covenants, which shall extend the concept of thee covenants, conditions and restrictions of these Restrictive Covenants to such additional real property; provided, however, that such supplement may contain such complementary additions and modifications of the different character, if any, of the added properties and as are not inconsistent with the concept of these Restrictive Covenants. In no event, however, shall such supplement modify or add to the covenants established by the Restrictive Covenants.

- Developer may make any such addition even though at the time such addition is made, Developer is not the owner of any portion of the property described herein. Each supplement may designate the number of separate parcels or tracts comprising the properties added or such designation may be deferred to further and subsequent supplements as herein provided. Each such separate parcel or tract shall constitute a Tract within the meaning of these Restrictive Covenants.

TRACT. Tract or Tracts shall mean and be defined as a Lot specified and shown in any plat and replat of the Property and shall include any improvements from time to time constructed, erected, placed, installed, or located thereon.

SECTION 3. DEDICATION OF STREETS

The Developer hereby reaffirms the dedication to the public forever, for its use, the
public roads as shown on the plat or replat of the Property.

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