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restrictions and limitations set forth in this Declaration, all of <br /> which are in accordance with the requirements of the DDA. All of <br /> the restrictions, covenants and limitations will run with the land <br /> and will be binding on all parties having or acquiring any right, <br /> title or interest in the Property described above or any part <br /> thereof, and to any improvements located thereon, and will enure to <br /> the benefit of the Agency. Each grantee of a conveyance or <br /> purchaser under a contract or agreement of sale covering any right, <br /> title or interest in any part of the Property, by accepting a deed <br /> or a contract of sale or agreement of purchase, accepts the <br /> document subject to, and agrees to be bound by, any and all of the <br /> restrictions, covenants and limitations set forth in this <br /> Declaration. <br /> 1 . Capitalized Terms . All capitalized terms not <br /> otherwise defined herein shall have the same meaning ascribed to <br /> them by the DDA, unless the context clearly indicates a different <br /> meaning. <br /> 2 . Term. Unless otherwise specified, the <br /> Redevelopment Covenants set forth in Section 3 of this Declaration <br /> shall remain in effect for the duration of the Redevelopment Plan, <br /> as amended from time to time. <br /> 3 . Redevelopment Covenants . The covenants which shall <br /> bind the Property and the improvements thereon are as follows : <br /> (a) The work of the redevelopment of the Property <br /> or part or parts thereof as provided in the Agreement shall be <br /> implemented as provided by the Agreement and in the time frames set <br /> forth therein. This covenant shall continue unt�l the Certificate <br /> of Completion is issued. <br /> (b) There shall be no discrimination against or <br /> segregation of any person or group of persons on account of race, <br /> color, creed, religion, sex, marital status, national origin or <br /> ancestry in the development, construction, sale, lease, sublease, <br /> transfer, use, occupancy, tenure or enjoyment of the Property, the <br /> Project, or any interest to be conveyed therein, nor sha11 the <br /> Declarant or any grantees or any persons claiming under or through <br /> the Declarant establish or permit any such practice or practices of <br /> discrimination or segregation with reference to the selection, <br /> location, number, use or occupancy of tenants, lessees, subtenants, <br /> sublessees or vendees in the Property or the Project . This <br /> covenant shall remain in effect without limitation as to time. <br /> -2- <br />