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It is mutually agreed by and between the parties hereto that the property above described is subject to the following applicable restrictions, covenants and reservations, which shall be binding on the parties hereto and all persons claiming under them to-wit:
1. All tracts shall be used solely for residential purposes, Grantor expressly reserves the right until January 1, 1980, to amend these Restrictions which amendment may be accomplished by a written instrument filed of the record in the office of the County Clerk of Comal County, Texas.
2. No portion of a tract less than the whole thereof may be sold, and no tract may be resubdivided, without the written approval of the Grantor, its successors, assigns or designees.
3. No building other than a single family residence containing not less than 2000 square feet, exclusive of open porches, breezeways, carports, and garages, and having not less than 75% of its exterior walls constructed of masonry (brick or rock), shall be erected or constructed on any residential tract, and no garage can be erected other than simultaneously with or subsequent to the erection of the residence.