ARTICLE II

GENERAL PLAN OF DEVELOPMENT

2.1. The Project will consist of three (3) phases. Phase I shall consist of
sixty (60) residential homes located on Lots 1-60, inclusive, of Tract No.
37198 hereinbefore more particularly described.

2.2. Phase II shall consist of one hundred and four (104) residential homes
located on Lots 1-104, inclusive of Tract No. 37199 hereinbefore more
particularly described.

2.3. Phase III shall consist of one hundred and seven (107) residential
homes located on Lots 1-107, inclusive, of Tract No. 26509 hereinbefore more
particularly described.