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2, Termination of Easement. The temporary <br />easement shall ex ire and the Septic System and Mound shall be removed Won any of the following <br />occurrences: <br />I. At such time that Lots 4 and 5 become separately owned; <br />II. At such time that a permit for home construction is, issued for Lot 4; <br />11I. At such time that a permit for demolition or new home construction is <br />issued for Lot, <br />IV. At such time that a permit for expansion of the existing home on Lot 5 is <br />issued: or <br />V. At such time that the existing system is found to be non-compliant and <br />ordered to be replaced. <br />In the even that one of the termination occurrences exists and the Septic System and Mound have <br />not been removed, no building or demolition permits shall be issued for Lots 4 or 5 until the <br />Septic System and Mound are removed in accordance with this Agreement. <br />40. Replacement of Septic System. Contemporaneous with the removal of the Sentic Svstem <br />and Mound. Owner egmes `, on or befere the that is ane, h dred twenty (120) days a&r theam <br />Genveyanse Of ei*e.. bat A of 7n..4 5 to any o f the i.tl-e- Tet Q -6N ,ems <br />must shall <br />install a new septic system on Lot 5 that complies with all applicable laws and ordinances including all <br />applicable setback restrictions, or }remove those portions of the existing septic system serving Lot 5 <br />and located on Lot 4, and reinstall them onto Lot 5 so that all portions of the existing septic system <br />comply with all applicable laws and ordinances including all applicable setback restrictions. <br />4. Scope. The benefits and the burdens of this Agreement (a) run with title to the Property, <br />and (b) inure to the benefit of Owner, the City, and their heirs, devisees, administrators, executors, <br />successors and assigns, and binds Owner and its heirs, devisees, administrators, executors, successors and <br />assigns. <br />5. Recording. Upon execution. this Agreement shall be recorded against Lots 4 and 5 at the <br />Owner's expense. <br />- <br />"A endment. This Declaration-mgy not be amended or terminated 12y Owner, its <br />successors, or its assiew without the written consent of the Ci <br />[Remainder ofpage intentionally left blank] <br />I88926vl <br />Formatted: Underline <br />Formatted: Ldt <br />Formatted: Fant: 12 pt <br />