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Section Onc: Rccitals <br />1.1. 7Lc undcrsi��cci is (arc) thc o�rncqs) (Oencr(sp of or Ims (Ic�vc) a subs�mtial bencficial intcrcsl in tbc �:11uc, <br />usc, cnjoymcnt, :md occupation of thc rcal property dcsctibcd abo�c (Propcny); <br />1.2. 'ILc City of E�crclt (Cityl has a subs�intial bcncficial imcrest in Wc clTcdivc and safc usc of IanAs HiWin iis <br />bordcrs, �md in �ic hc:dlh, safct)', and wclfarc of its ciN �.c�u; <br />1.J. Thc Propcny is loc:atcd in an cmirmuncnlally unsiu�c arca more spccifir�lly dcfincd as a"�cologicall} <br />Icvardous auca" in Cl��ptcr 1737 of Il�c Evcrctt Municip:�l Codc; <br />1.1. "Gcologically luv:udous arca.s" arc known by thc Cil}• and undcrsigned to be subjcd lo landslides and othcr <br />soils movcn�cnt d�at m:rv resJt in 11�r, d:mtigc ar dcswction, in wholc or in p�rt, of ;uiy building, sWdurc, <br />declling, or lauds wilhin or ;ufjaccnt to such arcas; anJ <br />�,5, 71us D�elar,dion is to bc signcd, acknoalcdgcd and rccordcd in Wc rccords of Snohomish County as a <br />restricu�•e covcavu. rosiricung and Iimit:/1F; USC OC �'COI06'IG7II)' I1:17:Ifd0115 Pf0(}IIL}' II171 SIL'III mn «ith ihc 4md. <br />bcforc d�c City aill issuc any Pcrmit(s) lo do any work on propert}• �rilhin a"gcol��gically hvardous :�re:i." <br />Sectinn Two• Restrictions on Occun�tion Use and Uevelonm�nt of th�. <br />Prot�ertv <br />2.1. Tl�c Property may nol bc occupicd, uscd or dcvclopcd, or rcsidcnteil or commcrcial Luildmg, suucturc. or <br />dacUing bc crccicd or constmdcd on We Propccty, N'itLoul (ust obtaining ILc Pcmiit(s) Crom Wc City. <br />2.2. Tl�c Citv rrill not issuc any Pemul(s) to Oµncr of Propcny unlcss and until Or�ncr si�u a rnntncucd <br />;igrcemcnt (Ayecmenq ���th d�c Cily expresslp providing IhnC <br />2.L1. O�rncrs(s) and his/hcr phcir) hcir(s), s�cccssor(s), Icgal rcprescnlati�c(s) and assi�i(s) sl��ll proridc. <br />dcsigi4 wnsWd, crcct, mainlai��, rcpair, rebuild, o� imprm•c such swclurc(s), b�ulding(s), barricrs(s), or <br />dwclling(s) as is rcasouablp ncccss�ry 10 prcvcnl, control or a�-oid d.v�mgc from d�e advcrsc im�.�cts Gom soils <br />movcmenl wilhin or adJacent lo lhe Property, µ�hcthcr caused by Owncrs(s) and liis/hcr (tLeir) heu(s), succcssor(s), <br />Icgal represcntativc(s), and assign(s) or olhcrµisc, for thc continucd usc:md cnjo}�mcnl of thc Property; <br />2.Z2. I� is ihc solc burdcn and res7Knuibiliiy of Owncrs(s) and his/I�cr (Wcir) Ireir(s), wcccssoK�). ��6��� <br />rcprescn4�u�c(s) :uid ;�ssiyt(s) lo obL•iiq cnsnre, and fund any design, approeal, aulhori�ation, tn�tcnal. supplics, <br />labor. scn�ices, nuinlci��ncc. rcpairs, Mictural altcmlians, insur.mu:, 4ticcs, or asscssmcuts ncctssary or requirccl to <br />prc��cnt, cuntrol or a��oid dvn�gc Gom the ad�crsc impacls Gom sails mo�cnunt withm or adj�ccnt to Ihc Propcny; <br />2.i3. In considcration of thc isn��ncc of the Pcrnut(s), O�+mcr(s) on lus/I�cr (tl�cir) own bclwlf and on <br />Ixhalf of his/licr (tl�cir) hcirs, succcssors, Icg.d rcprescnl:ui�cs, anJ assigis I:crcby rcicascs ;uid µaivcs any right to <br />:�sscrt any claim or cuursc of adion rclatcd tu nny loss or dmmgc lo pcoplc cr propr.ny citLct on or o(f Ilic I'ropcm <br />rcsulting Gom soils movement by re:�son of or ansing out of issuance of ti:c Permiqs) by the City (or devclopment <br />on thc i'roperty and aE;rccs to indcntnify (including rcasouablc ultomcy's (ces) and hold lhc City, its olTiccrs. <br />emplo�ees and agents Iwmilcss Gom any claim(s) or courscs of action related to :my loss or dvnage to pcoplc or <br />prupcnr cdhcr on or oli tl�c Property resulting from soils mnvcmenl by rrason oC or ansing out of issuancc oC thc <br />Pemiit(s) (or devclopmcnt on Ihc F'roperty; Pro�iJed, nothing herein slu�ll rcquitc ILe Owner(s) und his/hcr (their) <br />hcirs, succcssors, Icgal rcprescn4ilirrs, and ;usi�ts lo indcm�ufy and hold lmrtnlcss Ihc City, its onccrs, agents end <br />employea from dainu or courses of aaion u�used solcly by �he negligence of the Ciry, its a�cer, employees md <br />agenls. :u�d prm�ded furilur, t14�t if We cL�ims or courses of adion are caused lry or iesull Crom d�.' concvrtent <br />negGgence of (1) tl�c Oµnens), Lis/her(thcir) hcirs, successors, assigu and :�ents, nnd (2) llte Cily, its oRcer, <br />agcn�s and cmplo�ms, dic indcmnity provisions providcd hcrcin shall bc valid and enforcaiblc only to q�c extem <br />proc�.��cd by taw, ar�d <br />2.L�. O��ncrs(s) a�icUor I�s/licr Ithcir) hcirls), succcssor(s), Icgal rcprcscnmticc(s) and :usign(sl �II <br />infonn Itis/t�cr (Ihcirl hcirs, auccssors, Icgal reprcscn�ativcs, and assigns tlut tLc I'roperty is m a gcologi�lly <br />I�vardous arca, lh�t tlicrc nu�} bc actiu�l or potcntial nsks associatcd �cilh dcvclopmeN thcrcon, of ;uiy wnditions or <br />prohibitioas on dc�clopmcnt, ar�d of a�q� fc:uures in this dcsign ��hich uill n�uirc maintc�iance or modification to <br />BddfC55 antici�tai soils cluvigcs. <br />Section Thrcc: Subsequcnt Prscrtv Owncrs <br />3J. E3> acccpting tiUc to a��y ar all oC thc Propc�h, any subscyucnt owncrs af �hc Property, including :uiy hcir(s), <br />succcssorts), Iegal rcpresenlauve(s1 and :4ssign(s) of Ihe On'ncr, (Subsequcm O��ncrs) shall anxpt and ratify du <br />Agrccmcm rcgvdlecs of �� hetLer such party ��as a sign�tory to tl�al Agrcemenl <br />7.Z liy Wc Icnns of Q�al A�ccmcnl Subscqucnt Ownct(s) and/or tuv'hcr (Ihcir) hcir(s), sUccessor(s), Icgal <br />represcnlaucclsl. ;md assign(s) shall: <br />C� <br />