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Seclion Onc: Rccitals
<br /> I.1. 'fhc undcrsigncd is(arc)Ihc owncr(s)(Owncr(s))of or has (have) a substantial hcneficial inrerest in the valuc,
<br /> use,eqjuyment, and occupaticn of Ihe real properly descrihed above(Property);
<br /> L2. A covenant cnlilled"De:laroiion of Covenants, Condilions and Rcstrictian.s"was eaecuied and recardcd for the
<br /> Property which rcquires Own�r tu crcculc n rnntractual agrccment (Agncmcnt) wiih thc City prior In thc Ciry's
<br /> issuance of any Pertnit fur the occupatiun, use or development of residential or cnmmercial building, struchire, or
<br /> dwclling to bc crccicd or construcicd on thc Property ;nnd has�pplicd tn Ihc City of fvcrctl(City) for a Pcrmit(s)(or
<br /> the Property;
<br /> 1.3. Owner has applied to thc Ciry for a Perniii(s) for thc Proper,y and intcnds bv virtuc of'�his Agrccmcm lo
<br /> comply with thc rcyuircmcn�s oC dic Dcclaraiion of Covcnams, Crnditions and Ncstriclions rcl'crenccd in Pnragraph
<br /> 1.2:
<br /> Section 1'wo: Pcrmit issu:+ncc
<br /> 2.1. hi considcration of thc Cily issuing O��ncr a Pcnnit(s),O«ncr dacs hcrchy agrcc tn thc follo�ring
<br /> 2.t.1. O�mers(s) and hisAicr(Ihcir)hcir(s), succcssor(s), Icgal rcprescntativc(s)and assign(s)sh�ill providc,
<br /> dcsign, constn�ct, crect, maintain, rcpair, rcbuild, ur improvc such structurc(s), building(s), barriers(s), or
<br /> d���elling(s) as is rcasonahly ncccssary to prcvcN, comrol nr avoid damagc from thc adversc impacts from snils
<br /> movement within or adjaccnt to the Propeny, whether caused by Owners(s) and his/her(�heir) hcir(s), SUCCCSSOI�s),
<br /> Icgal rcprescnlalivc(s),and,�ssign(s)ur othcnvisc, for thc continucA usc and cnjoymcnl nf thc Propcny;
<br /> 2.1.2. It is the sole burden and responsihiliry of Ownrrs(s) anJ his/licr (thcir) hcir(s), succcssor(s), Icgal
<br /> represcntativc(s) and assign(s) to obtnin, cnsurc, and fund any dcsign, approval, amlwri��tion, material, supplics,
<br /> labor,services, maimenance, repairs, stnic�ural nllerations, insurance, tases, or assesstnen�s necessary nr rcyuireJ lo
<br /> prevenl,cantrol or avoid damagc from the udvcrse impacls from soils moecment widiin or adjaccnl to the Property;
<br /> 2.1.3. In considcration ol'thc issuancc of�thc Pcnni�(s), Ownci(s) on his/hcr (thcir) mm bchalf and on
<br /> behalf of his/her Qheir) heirs, successors, legal representatives, and assigns hemby nlcases nnd waivcs any righ� tu
<br /> asscrt any cl,iim or coursc of action rclarcd to any loss or damagc in pcoplc or propchy cithcr on or off thc Property
<br /> resulting Gom tioils movcmcnt by na5on of or arising out o(issuancc of�hc Pcrmil(sl by thc C'iry lor dcvclopmcnt
<br /> on thc Propeny nnd aerecs to indemnify (including rcasonablc auorncy's fccs) and hold ihe Ciq�, its officcrs,
<br /> cmployccs and agcnts I�armlcss fmm any cl�iim(s) or courscs uf action rcl:dcd lu any loss or Aamagc to pcoplc or
<br /> propcny cilhcr on or off thc Properly resulting from soils movrment hy rcason o(or aricing oul of issuancc of Ihc
<br /> Pcnnil(s) for devclupmc�d on thc Prnperty; PrmiAcd, nothing hcrcin shnll rcquirc thc Owncr�s) and hisPoer (thcir)
<br /> hcirs, successors, legal rcpresent�uives, and assigns to indcmnify �md hold hartnlcss Ihc City, ils omccrs, agcnts anJ
<br /> cmpluyccs frnm tl�ims or courscs of action causcd solcly by thc ncgligcncc of thc Cily, its ufficcr, crnployecs and
<br /> �igcnts, and prnvidcd funhcr, ths�t if thc clainu or courscs of action arc causcA by or result I�om dic cnncurrcnt
<br /> ncgligcncc of(I) thc Owncr(s), hisAicr(thcir) hcirs, succcssors, assigns and agents, and (2) Ihc ('ity, iis olTccr,
<br /> agcnls and cmployccs, Ihc indcmnily provisions providcd hcrcin shall hc vnlid anA cnforccahlc nnly to Ihc cxtcnt
<br /> pruvided by law;and
<br /> 2.1.4. O�encrs(s) �md/or hisihcr (thcir) hcir�s), succcssor(s), Icl�nl rcprescntalivc(s) and assign(s) will
<br /> infonn his/her (Iheir) heirx, successurs, Ic,r,al represenlalives, and ntisigns Ihal the 14operty is in a gcolugically
<br /> ha��rdous aren, Ihat there may he acmal or puten�ial risks associated wi�h Jevclupmen�iherenn, of any conJitimu or
<br /> prohihiiions on dcvclupmcnt, �uid uf�my fcah�res in this dcti�;n �vhich aill rcquirc maintcnancc or modi�ication to
<br /> address anlicipalcd wils ch;mgcs.
<br /> Seclinn 3: Scvcrnbility
<br /> 3.I. II is expressly undcrstond and aerccd that im�alidation nf any provisiun coNaincd in Ihis ducumcnt, or :my
<br /> puhinn nf such provision, hyjudgmenl or cuurt nrdcr shall in nn way nlTrcl any u(�hc n�hcr prnvisions, H'I11CI1 SIIBII
<br /> rcmain in loll fnrcc and cfl'rcl.
<br /> tirclinn 4: Vcnuc
<br /> 4.1. It is ;igrccd th�it vcnuc fnr nny lawsuit arising out of this A�rccmcnt shall hc tinohomi,h County,
<br /> Washin�lon.
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