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Seclion Onc: Recitals
<br /> 1.i. �(hc undcrsigned is(arc)thc GrantoriCovcnantnr,�,�wn�r(s)of nr has (hace) a subs�amial intcrest in the valuc,
<br /> usc,cnloymcnt,and occupstion of Ihc rcal prepctiy dcscribcd abovc("Propcny");
<br /> 1Z. The Grantec;Cuvenantec, the Cily of Ecereu (City) has a subslantial interest in ihe effecti�•e and sa@ use ef
<br /> lands«ithin its borders,and in�hc heahh,safery,and�vel(arc of its citizcns;
<br /> I.3. 'fhe !'ropert�� is located in an c.iaironmentally sensilice arca more specifically Jetined as a "gcologically
<br /> h;�zardous area"in Chapter 19.37 o(the I:verett Municipal Code;
<br /> IA. "Gcolo�ically ha�ardous are;�s' arc kno�rn by the Ciry and undersignrd to be subject to landslides and other
<br /> soils movemcnt that may result in the damage or destruclion, in wholc or in pan, of any building. struclurc,
<br /> d�sdling,or lands��'ithin ur nJjaccnt�o such arcas;
<br /> �,5, l�his Co��enant is to be sgned, ackno�cledged anJ recorded in the records of Snohomish County as a rcstricti��e
<br /> co��enant, restricting and limiting use of geologically ha�ardous property before the Cit}•will issue am• Pemiii(s)to
<br /> do any���ork on property���ithin a"gcologically ha»rdous arca';and
<br /> 1.6. This Convenant concems the Cocenantor/Gnntnr's use,occupa�ion or enjo}ment of the Property and benefits
<br /> ihc City as CuvenamcdGramee.This Covcnanl is in�ended to bind sucassors and auigns;md run��i�n�he land.
<br /> Section 7'wo: Restrictions on Occupation, Use, and Development of the
<br /> Pronertv
<br /> 2.L The PropeAy may not be occupied, used or developed,and no residential or commercial building. strueture,or
<br /> d�relling shall bc crcncd or conslructcJ on thc Propert}•,«�ithout fint obtaining the Pcrmit(s)t�om ihc Cit��.
<br /> 2.2. The City �vill not issue any Pem�it(s) m O��ner of Preperty unless and uNil O��ner signs a contractual
<br /> agrccmcm(AgrccmcnQ��ith thc City cxpressly pro�iding that:
<br /> 2.2.1. O��ners(s)and his4ier(Iheir)hcir(s),successor(s),legal representative(s)and assign(s)shall pro��ide,
<br /> dcsign, construcl, crcct, maintain, rcpair, rebuild, or improvc such struciure(s), building(s), barzicrs(s), or
<br /> d�celling(s) as is rcasonably necessary to pre��ent, control or avoid damage Gom the ad�erse impacts from soils
<br /> mocement«ithin or adjacent io the Propen}, �cheiher caused b��O��ners(s)and hisAicr pheir) fieir(s),suceessor(s),
<br /> Iegal representative(s),and assign(s)or othenrise,for the cominued use and enjo}�mcnt of�he Property;
<br /> 2.2.2. It is the sole burden and responsibility of O��ners(s) and his�her ��hcirl hcir(s), suceessor(s), Iceal
<br /> representatice(s) :md assign(s) lo ob�ain, ensurc, and fund any design, approval, authoriz�tion, material, supplics,
<br /> labor,scrvicez, m�intenance, repairs,structural allerations, insurance,la�es,or assessmenls necessary•or required to
<br /> precent,control or:i��oid damage from ihe adacrse impads Gom soils mo��ement within or adjacent to the r�on�ny:
<br /> 2.2.3. In con,idention of ihe issuance of the I'ennil(s), O�rner(s) on his/her (their) own behalf and on
<br /> bchalf of his'her(�hcir) heirs, successors, legal represemati��es, and ass•igns hereby rcleac�s and �eai��es any right ro
<br /> �ssert any claim or course of actian nl;ucd to any loss or damage to pcople or property ci�her on or off the Propeny
<br /> resulting from soils morcmcm by rcason of or arising m�t of issu;mce of the Pennit(s) b� ih^ Citp for devclopmcm
<br /> on �he Pruperty and agrca lo inAemnify (incluJing m:�sor�ble auome�'s fees) :md holJ die City, its o0iccrs,
<br /> emplo��ces and agenis hamiless from �my cl,�im(s)or cou, �f action rclatcJ to any loss or dam:igc tu pcople or
<br /> propchy ci�her on or off ihc Property resulling liom soils � icnt by rcawn of or arisiag out of issu;mce nf�hc
<br /> Pcnnit(s) lor dccelopment on Ihc Property; Provided, noth .crcin shall rcquirc the O��nri{s) ;md lii�'hcr(ll�cir)
<br /> hcin,successors. Icgal represcnt:i�iccs,anJ assigns lo indcmnilj�and hold harmlcss thc City, iis oflicers,agcnts and
<br /> emplo��ees from claims ar courscs of action caused solcly by ihe negligence of the Ciq�, iis officer. employees and
<br /> agcnts, and pro�idcd funhcr, Iha� if ihc daims or cuuncs of ac�ion arc ca��scJ Uy or result from Ihc concurrent
<br /> negligencc of(I) thc (l��ncr(s), hisihcr(ihcir) hcirs, succcssors, assigns and agents, and (2) thc City, ils ofliccr,
<br /> arcnts ;ind cmployces, �hc inJcmnity pruvisions providcd hcrcin sh;dl bc valid anJ cnforccablc unly �o U�c c�tc��t
<br /> providcd by I�ne;and
<br /> 2.2.d. n�cners(s) :md�or his/Icer Itheir) heir(s), successor(s), lecal rcprescntativc(s) and 'ASSISII(5� ��ill
<br /> inform hisihcr Qhcir) hcirs, SUCCCStiOfS, ICsBI rcpresrntatices, and assigns Ihat thc PropcAq iz in a gcologically
<br /> ha�ardous area,diat thcrc may bc acWal or potcntial risks associalc<I�vi�h Jc��clopmcnt thcrcon,of any conditions or
<br /> prohibitions on decelopmem, and o(any fcalures in lhis Acsign which ��ill require mainlcnance ur modilirtlion lu
<br /> address anticipated soils changes.
<br /> Section Three: Subsequent ProDcrtv Owners
<br /> 3.1. Dy nccep�ing tille to any or all of the Property, any subsequent o���ners of the Property, including any hcir(s),
<br /> successor(s), legal reprcsentative(s) and assign(s) of Ihe O��ner, (Subscyuant O�cners) shall acecpl and rati(y �hc
<br /> Agrcemcnt regardlcss of ahethcr sucn pany was a signatory w ihat AgreemcN.
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