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Section Thrcc: Subsequcnt Proncrtv Owncrs
<br /> 3.1. f3y accepting titic to any or all of the Propcny, atry suhseyucnt o��ners ol Ihe Property, indudinti aiq� hcir(s),
<br /> successor(s), Iegal rcpreseMative(s) nnd assign(s) of�he Owner, (Suhsequem Owners) shall accept and ralify the
<br /> Agrccment regardlcss of whcihcr such pany was.�signatory to that Agrecment.
<br /> t.2. C1y Ihe tcmis of Hm� Agrecmcnt, Subscqucnt Owner(s) and/or his/licr (Ihcir) hcir(s), successor(s), IeEpd
<br /> represenlative(s),and assign(s)shall:
<br /> 3.2.1. Provide, desiFn, construct, crecl, maintain, repair, rebuild, or improve such smuturc(s), building(s),
<br /> barriers(s), or dwclling(s) as is rcasonahly necessary to prevcnt, control or avoid damagc from the advcrsc impaas
<br /> from soils muvement within or ;idjacent to the Property, whclher causcJ by Owner(s), his/her (�heir) heir(s),
<br /> successor(s), Icgal representalive(s), and assign(s), or oihenvise, for the continued use :md enjoymem of the
<br /> Property;
<br /> 3.2.2. Assumc thc sulc burdcn and respnnsibiliry to obtain, fwid and ensurc any dcsign. �rr��>���,
<br /> authori�ation, tnaterial, cupplies, labor, services, mainlenance, repairs, s�nictural alterations, insurance, taxes, or
<br /> assessments necessary or requimd to prevem, con�rol or avoid damage from Ihc aAverse impacts trom soils
<br /> movcment wilhin or adjaccnt to dtc Property;and
<br /> 3.2.3. Release and waive any righl lo asscrt any claim nr cause of nclion rclateA to any loss or damnge to
<br /> pcoplc or propcny either on or nIi the Property resulting from soils movement by rcason of or arising out of
<br /> issuancc n(tiic Pcrmil(s)hy ihc Ciry for dcvclopmcnt on ihc Property anA ngrccs to inAcmnitv(including rcationable
<br /> al�omey's fees)and hold the City, its officers,employees and agents hartnless Gom any claim(s)or causes of action
<br /> rclntcd to any loss or damage to pcople or property eithcr on or oIT Ihc Property resulting from soils movement by
<br /> reason of ot arising out of issu�nce ol'the Pennit(s) li�r devclopment on�he Pmperty; PruvideA, nothing hercin shall
<br /> rcquirc the Suhscqucm Owncr(s) and his/hcr (thcir) hcir(s), successor(s), legal represen�ativc(s) and assign(s) lo
<br /> indemnil'y and hold hamiless die Ciry, iis oflicers, ngenis and employees Gom claims or causes of action caused
<br /> solcly by the negligence of Ihe Cily, its officer, employees and a�ents, and provided funlier, Ihat if ihc claims or
<br /> causes of actiun are caused by or result from ihe concurtent negligenee of(I) �he O�vner(s), his/her(their) heirs,
<br /> suceessors, assigns, ;md agenls, and (2) the City, its o0icer, agents and employees, the indemniry provisions
<br /> procidcd hcrcin shall bc valid and cnf'orceablc unly to thc cxlent providcd by Is��.
<br /> Seclion Four: Reservations, Restriclions, and Covenants
<br /> The unJersigned declare Ihat Ihe Property is held and xhall be convcyed subject to Ihe reservations, resirictinns, and
<br /> covenams set farth in ihis Declaratimi and in the Agnement.
<br /> Section Five: Misc. Ceneral Provisions
<br /> 5.1. 7'hc cnvcnants, agrecmcnts, ;md rcstrictions containcJ hcrcin arc intcndcd to bc restrictivc covcnants and not
<br /> conditions, that shall run wi�h thc alTcctcd Property, tha� shall cstend tn and hc binding upon Ihc midcrsigncd and
<br /> his/hcr phcir) hcir(s), agcm(s), assign(s), Icgal rcprescntativcls), and succcssor(s) in intcrest, ;uid that shall bc
<br /> containeJ in any future Iitle report applicablr to the Propeny.
<br /> 5.2. It is cspressly undcrstood ;md a�;rccJ that invaliJa�iun of nny covenant containcd in this documcnt, or any
<br /> porlion of such covcnant, hy judgmcnl or cmut orJcr shall in no way aflcct any of thc mhcr provisions, t4'IIICII SIIJII
<br /> rcmain in full forcc and cffecl.
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