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i <br /> . - , <br /> 1 NOW� TNEREI'ORT:, the undersigned hereby impose (s) upon the land <br /> 2 described herein � covenant in order to obtain aPproval of an alternate to <br /> 3 the Everett t4unicipal Code provision of the City of Everett, descr.ibed � � <br /> 4 aforesaid. Su�h covenant shall inure and pass with said lot and shall I <br /> � <br /> 5 apply and bir�d the heirs, assigns, and succeseors of the undersiqned <br /> I <br /> 6 and said ccvenant is hereby a servitude on each lot in favor of their ; <br /> � combined development. Such covenant is as f�llows: �I <br /> 8 That for the purposes of developing the lot ' described herein, I' <br /> 9 including the building and related facilities, ao as to conform with I <br /> �� the Everett Municipal Code, and ordinances of the City of Everett, the / <br /> 11 undersigned owner (s) hereby covenant that such lot shall not be � <br /> i <br /> 12 separately conveyed, but shall only be conveyed as one parcel in the event <br /> I <br /> �3 of anp transfer of ownership, or change in control over the use of the j , <br /> I <br /> 14 land and building. Thia covenant shall, however, be extinguished and <br /> 15 ahall not apply in the event the subject building is destroyed or for <br /> �6 any other reason ie removed from the premises or if the land for any i <br /> �� reason should have no building or construct.Eon upon it, Furthermore, I <br /> �g this covenant shall not be applicable in the event that the required , <br /> i <br /> 19 parkinq is provided on the same lot as the building is so situated in i I <br /> 20 accordance with the Everett Municipal Code. � I <br /> � <br /> 21 The foregoinq covenant is imposed upon said lots as part of a general I I <br /> 22 plan for the improvement of said property and any brcach shall not defeat i <br /> � <br /> 23 or render invalid the lien of any mortgage or deed of trust made in qood <br /> 24 faith and for the value as to said lots or property, or any part thereof I <br /> 25 made prior to the date of the imposing of this covr.nant, but this covenant <br /> 26 ahall be binding and effective a9ainst any future owners or lien holder of <br /> said property, whose title thereto is acquired by foreclosure, trustee's <br /> 27 <br /> sale ar otherwise. <br /> 28 <br /> Zy It is expressly understood and agreed, that the several restrictive <br /> 30 covenants contained herein shall attach to, touch and concern, and run I <br /> 31 wit1; the land. The restrictive covenants contained herein ehall be <br /> 3Z bindine�, according to the terms of this Agrcement, on the covenantee (s) , , <br /> � <br /> I '2- . I <br />� <br />