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contract, deed or other instrument hereinafter executed, covering or conveying the <br /> Historic Property, or any portion thereof, shall conclusively be held to have been <br /> executed, delivered and accepted subject to the covenants, reservations, and <br /> restrictions expressed in this Agreement regardless of whether such covenants, <br /> reservations, and restrictions are set forth in such contract, deed or other instrument. <br /> City and Owner hereby declare their understanding and intent that the burden of <br /> the covenants, reservations and restrictions set forth herein touch and concern the land <br /> in that Owner's legal interest in the Historic Property is rendered Tess valuable thereby. <br /> City and Owner hereby further declare their understanding and intent that the benefit of <br /> such covenants, reservations and restrictions touch and concern the land by enhancing <br /> and maintaining the historic characteristics and significance of the Historic Property for <br /> the benefit of the public and Owner. <br /> 8. Binding On Successors In Interest. All of the agreements, rights, <br /> covenants, reservations and restrictions contained in this Agreement shall be binding <br /> upon and shall inure to the benefit of the parties herein, their heirs, successors, legal <br /> representatives, assigns and all persons acquiring any part or portion of the Historic <br /> Property, whether by operation of law or in any manner whatsoever. <br /> 9. Hold Harmless. Owner agrees to and shall hold City and its elected <br /> officials, officers, agents and employees harmless from liability for damage or claims for <br /> damage for personal injuries, including death, and claims for property damage which <br /> may arise from the direct or indirect use or operations of Owner or those of his <br /> contractor, subcontractor, agent, employee or other person acting on his behalf which <br /> relate to the use, operation and maintenance of the Historic Property. Owner hereby <br /> ATTY /AG R/2010.126 6 <br /> 12/8/10 <br />