SETTLEMENT AGREEMENTSettlement Agreement • February 3rd, 2022 • Virginia
Contract Type FiledFebruary 3rd, 2022 Jurisdictionday of March, 2011, by and among CHARLOTTESVILLE LAND INVESTMENT GROUP, LLC, a Virginia limited liability company (“CLIG”), and CHARLOTTESVILLE LAND DEVELOPMENT GROUP, LLC, a Virginia limited liability company (“CLDG”, and CLIG and CLDG are individually and collectively the “Investor”); K. HOVNANIAN’S FOUR SEASONS AT CHARLOTTESVILLE, L.L.C., a Virginia limited liability company (“Hovnanian”); FOUR SEASONS AT CHARLOTTESVILLE COMMUNITY ASSOCIATION, INC., a Virginia non-stock corporation (the “HOA”); MANUFACTURERS AND TRADERS TRUST COMPANY, a New