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<br />. <br /> <br />. <br /> <br />precedence over the terms of the Development Agreement. <br /> <br />25. Succession.' Grantor may at any time transfer and assign its rights and duties under <br />these Protective Covenants to another entity or person ("Grantor's Successor") by recording in ' <br />the Harris County Real Property Records a written assignment to such effect. Upon such transfer <br />and assignment, Grantor's Successor shall hold, posses and exercise all ,of the rights, powers and <br />duties herein reserved by Grantor. Addition~ly, Grantor shall have the right at any time to 'resign <br />and release its duties and rights under these Protective Covenants by recording a written <br />resignation in the Harris County Real Property Recor~s and by mailing a copy of such resignation <br />to each owner of the Property at their most recent address according to the records ofQrantor. <br /> <br />, <br />