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0 <br />order will be lifted immediately upon presentation of the <br />Declaration to the City. <br />4. In the event the Boundary Line Adjustment Application <br />is not recorded within thirty (30) days from the date of this <br />Agreement, the City may demand payment under the terms of the <br />letter of credit. <br />5. Immediately upon the recording of the Boundary Line <br />Adjustment Application, the letter of credit will be returned <br />to Sabey Corporation and will be cancelled. <br />DATED this day of November, 1987. <br />LTRUNDER/sok/112087 <br />-2- <br />SABEY CORPORATION/BERKLEY <br />ENGINEERS ONSTRUCTION <br />By: <br />ias N. Gardner, <br />ect Manager <br />CITY 0 EVERETT <br />By: <br />n s L. Der ckson, <br />Planning Director <br />