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Agmt99 Peninsula Habitat... (2)
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Agmt99 Peninsula Habitat... (2)
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Last modified
8/28/2012 3:07:56 PM
Creation date
5/19/2005 1:12:24 PM
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Agreement
Contractor Name
Peninsula Habitat for Humanity
PROJECT NAME
422 & 430 Lincoln Avenue
RMP File Number
304
Date
1/28/1999
Reso Ref
13546
Box
5900
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, <br /> A <br /> Deed respecting the affordability restrictions on the Property <br /> shall remain in effect for a period of forty-five (45) years from <br /> the date hereof. The covenants against discrimination set forth in <br /> Article IV of the Agreement and otherwise contained in this Grant <br /> Deed shall remain in effect in perpetuity. The covenants set forth <br /> in Article IV of the Agreement regarding the redevelopmen.t of the <br /> Property shall remain in effect for the life of the Redevelopment <br /> Plan. The covenants set forth in Article III of the Agreement shall <br /> remain in effect until they are satisfied in full. <br /> 8 . The covenants contained in this Grant Deed shall be <br /> binding for the benefit of the Grantor and its successors and <br /> assigns, and such covenants shall run in favor of the Grantor for <br /> the entire period during which such covenants shall be in full <br /> force and effect, without regard to whether the Grantor is or <br /> remains an owner of any land or interest herein to which such <br /> covenants relate. The Grantor, in the event of any breach of any <br /> such covenants, shall have the right to exercise all of the rights <br /> and remedies, and to maintain any actions at law or suits in equity <br /> or other proper proceedings to enforce the curing of such breach as <br /> provided in the Agreement or by law. The covenants contained in <br /> this Grant Deed shall be for the benefit of and shall be <br /> enforceable only by the Grantor and its successor. <br /> [END OF THIS PAGE] <br /> , �_ <br /> s <br /> REDW\0006\DOC\013-6 <br /> E - 4 3/08/OS mvc <br />
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