|
Section 7'hrcc: Subsequcnt Propertv Owncrs
<br />3.1, 13y acccpting titic to any or all of �hc Property, any subzcqucnt u��ncrs of thc Property, including any heir(s),
<br />succcssor(s), Icgal rcpracntati��c(s) and assign(s) of �hc Owncr, (Subscqucn� O��ncrs) shall acccpt :+nd mlify �hc
<br />Agrecmcnt rcgardlcss of ���hctlicr such party was a signalory to lhat Agrecment.
<br />3.2. l3y thc �crms of liiat Agrccment, Subscqucnt Oumcr(s) ancllor his/hcr (lhcir) hcir(s), succcss'or(s), Icgal
<br />rcprcscnlalivc(s), and assign(s) shall:
<br />31.1. Providc, dcsign, consimct, crccl, mainlain, rcpair, rcbuild, or improvc such siructurc(s), lnilding(s),
<br />barricrs(s), or d�eclling(s) as is roasmiably ncccssary to prcvcnt, control or avoid damagc from thc aJvcrsc impacts
<br />from soils movcment ��•ithin or adjacciv to thc Property, whcthcr causcd by O��ncr(s), his/licr (thcir) hcir(s),
<br />succcssor(s), Icgal rcpnscntalivc(s), and assign(s), or othcn��isc, for thc continuecl usc and cnjaymcnt of thc
<br />Property;
<br />3.21. Assumc Iha ±olc burdcn and responsibility to obtain, ftmd and cnsurc any dcsign, approval,
<br />authorization, ma�crial, supplics, labor, scrvices, maimcnancc, rcpain, sWctur.+l altcra�ions, insurencc, �ascs, or
<br />asscssntcnls ncccssary or rcyuircd to prc��cnt, control or avoid Jamagc from ihc advcrsc impacts from soils
<br />movcmrnt «�iihin or adjaccnt to thc Property; and
<br />3SJ. Rcicasc and �vaicc any right �o asscrt any claim or causc of ac�ion relatcd to any loss or damagc to
<br />pcoplc or propcny cithcr on or o�l' ihc Properry resulting (rom soils mo��cmcn[ by rcason of or arising out of
<br />issuancc of thc Pcrmil(s) by ihc Ciry for dc��clopment on Ihc Propchy and agrca �o indcmnify (including rcasonablc
<br />❑tlorncy's fccs) anJ hold Qic City. its u�liccrs, cmployccs and agents liannlcss Gom any claim(s) or causcs ofaction
<br />relatcd �o any lass or Jamagc io pcoplc or properly ciihcr on or off thc Propcny resulting from soiis moecmcnt by
<br />reason of or nrising out of issuance of thc Pennit(s) for Jcvclopmcnt on ihc Property; ProviJed, no�hing hcrcin shall
<br />nyuire thc Sub.cyucnt O��mcr(s) :md hivLer (ihcir) hcir(s), successor(s), legal rcprcscntative(s) and assign(s) to
<br />indcmnify and holJ harmlcss thc Ciry, its officcrs, agcros and cmployccs from claims or cmucs of action causcd
<br />solcly by thc negligcncc of tl�c Cily, ils olTccr, ctnployccs and agcnts, and pro��idcd (unhcr, thal if thc claims ar
<br />causcs of ac�ion arc cnuscd by ar result from thc concurrcnt ncgligcncc of (I) ihc O��ncr(s), hisihcr(thcir) hcirs,
<br />succcssors, assigns, and agcnts, and (2) thc Cily, its o(liccr, agcnts and cmplopces, thc indcmnity provisions
<br />pro��ideJ hcrcin shall hc ealid and enforcea6lc unly to Utc extcnt pmeided by law.
<br />Section Four: Reser��ntions, Rcstrictions, and Covenants
<br />'fhc undcrsigned dcclarc Ihal thc Property is hdd and shall bc com'cycJ subjcci tu ihc rcscraations. res�rictions, and
<br />covcnants set forth in this ncclanlion and in lhc Agrccmcm.
<br />Section Fivc: h1isc. Gcncral Provisions
<br />5.1. l�he cocenanls, agrecmenis, and reslrictions eonlained herein are intended �.� bc restrictive eoeenants and
<br />conJitions, lhat shall run ailh thc aftccicd 1'roperly. Ihal shall csicnd �o and bc binding upon ihc undcrsigncd anu
<br />hivhcr (thcir) hcir(s), agcnl(s), assign(s), Icgal rcprescntaticc(s), and successor(s) in intcrcst, and ihat shall bc
<br />coNaincd in miy futurc tidc rcpon applicablc to thc Property.
<br />SS. It is c.rpressly undcrstuod and agrecd that invalida�ion of any coccnant containcd in ihi� docwncnt, or any
<br />portion of such coocnam, byjudgmcnt or court ordcr,hall in no ��ay a(fcct any u(thc othcr proeisions, �chich shall
<br />rcmain in liill force and cffcct.
<br />DATGU 1'IIIS � DAl' OF �� • , 20 l L-.
<br />� A . dol��' _
<br />�'�i'z,Z5�7�/ /I� . BcV��/
<br />
|