07-15-1991 Planning Packet - Laserfiche WebLink

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2. Grantor(s) agree to restrict and limit the use and/or^ improvement of Parcels A and B as subject to the uses specified and improvements allowed under Section 10.31 Subd. 3.C. of the Orono City Code. 3. Grantee shall not issue any building permit, zoning variance or conditional use permit for any structure or use on the properties inconsistent with the covenants contained herein. 4. Grantor hereby grants to Grantee the right to enter upon the above described properties for the purposes of inspection and enforcement of the covenants contained herein, and, subject to reasonable written notice, to cause to be lawfully removed from these properties without any liability any structures, uses, substances and natural or unnatural materials inconsistent with the covenants contained herein. 5. In addition to any other remedy Grantee may have, the covenants and restrictions contained herein may be enforced by injunction. Grantor who is in possession of these properties shall pay to Grantee all costs and expenses including attorneys fees incurred by Grantee in enforcing the terms of this indenture. 6. The terms and conditions of this indenture may be modified, amended or extinguished and thereafter Parcel A and Parcel B may be subdivided, sold separately or reduced in part only upon application by Grantor to Grantee for approval of a "Subdivision in accordance with the platting code of the City in Effect at the time of such application. 7. Grantor(s) agree that recording of this indenture shall not vest any property rights in the properties and that any zoning or development authorities granted herein or hereinafter because of this indenture shall remain subject to future regulation, modification and/or limitation by Grantee or other regulatory bodies in accordance with legally applicable and enforceable zoning or other ordinances of Grantee. 8. Grantor(s) do not intend that the public should ha/e any interest in the above properties by virtue of this indenture or otherwise, except as hereinabove set forth. 9. The term of this Agreement shall be from the date of execution by both parties until the property is sold to a third party or until Parcels A and B are legally combined or at such time that the Grantor and Grantee agree, pursuant to an executed termination agreement, to the termination hereof, whichever shall first occur. All provisions hereof shall run with the land and shall extend to 2uid bind the heirs, successors, representatives, grantees or assigns of the respective parties hereto.