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6.B. - Page 28 <br /> avaElable to the City to pursue in the event #hat there is a breach or default under this <br /> Contract. No waiver by City of any breach or defa�alt under this Contract shall be <br /> deemed to be a waiver of any other subsequent breach thereof or�efauit hereunder. <br /> 8. Binding Eifect of Co�tract. The Owner h�reby subjects the Historic <br /> Property described in Exhibit "A" hereto to the covenants, ressrvations and restrictior�s <br /> as �et fortF� in this Cor�tract. City and Owner hereby declare their specific intent that the <br /> co�enants, reservations and restrictions as set forth herein shall be deemed covenants <br /> running with the land and shalf pass to aRd be binding upon the �wner�s successvrs <br /> and assigr�s in title or interest to the Histor+c Property. Each and e�ery contract, deed or <br /> ot�er instrument hereinafter executed, covering or conveying the Historic Property, or <br /> any portion thereof, shafl conclusively be held to have been execute�, delivered and <br /> �CC@ptBd subject to the covena�ts, reservations, and restrictions expressed in this <br /> Contract regard�ess of whether such covenants, reservations, and restrictions are set <br /> forth in su�h cor�tract, deed or other instrument. <br /> City and Owner hereby declare their understandir�g and intent that the burden af <br /> the co�enants, reservatior�s and restrictions set forth herein touch and concern the lan� <br /> in that Owner's legal interest in tf�e Historic Properky is rendered less valuable thereby. <br /> City and Owner hereby fu�ther declare their undersfanding and intent that the benefit of <br /> such co�enants, reservations ar�d restrictions touch and conc�rn fhe land by enhancing <br /> and maintaining the histaric characteristics and significance of tne Historic Property for <br /> the benefit of the public and Owner. <br /> 9. Binding On Successors In Interest. All of the Contracts, rights, co�enants, <br /> resenrations and restrictinns contained ir� this Contract shail be binding upar� anci shall <br /> R�V: 11-12-13 VR <br /> Page 6 of 13 <br /> ATTYIAGR.20�3.2221842 Edgewood Road Miils Act Contract <br />