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HomeMy WebLinkAbout201210150712 COVENANT REGARDING PARK SPACE 10/11/12201210150712 CSHEARE 3 PGS 10/1512012 12 59 06 $74 00 AUDITOR, Pierce County, WASHINGTON AFTER RECORDING MAIL TO- Danielle Daskam, City Clerk Auburn City Hall 25 West Main Street Auburn, WA 98001 Grantor- Four Lakes Apartments L.L.0 ( "Declarant') Grantee: The City of Auburn, a Washington Municipality C5-?,0-5 (pII) Abbreviated Legal Description. A ptn. of the northeast quarter of the southwest quarter of Sec. 5, T20N, R5E, WM. Additional Legal Description is specified in Exhibit "A" attached herein Assessor's Property Tax Parcel or Account Number 0520053065 COVENANT REGARDING PARK SPACE FOR FOUR LAKES APARTMENTS RECITALS. A. Declarant is the owner of the property legally described in Exhibit A attached hereto (the "Property "); and B. The Fourth Amendment to Lakeland Annexation and Utilities Agreement, as described in recorded document number 200810090349 Pierce County Auditor's Files requires that a minimum park space of 15,000 square feet be maintained by the owner of the Property COVENANT NOW, THEREFORE, the undersigned hereby covenants, agrees, and declares that the property will be held, sold, and conveyed subject to and burdened by the following covenants, conditions. and restrictions for the benefit of the City of Auburn, the owners of the property, and their heirs, successors, grantees, and assigns. All provisions of this Declaration shall be binding upon all parties having or acquiring any right, title, or interest in the Property or any part thereof, and are intended to be and shall in all respects be regarded as covenants running with the land. I A minimum park space of 15,000 square feet will be maintained in some configuration on parcel no. 0520053065 as required by the Fourth Amendment to Lakeland Annexation and Utilities Agreement. IN WITNESS WHEREOF, the Declarant has caused this Declaration to be ' ' executed this day of October, 2102. Four Lakes Apartments L.L.C. By- Investco Firm ci� orporation, Manager By a— M tin D Waiss, President STATE OF WASHINGTON ) ss. COUNTY OF PIERCE ) On this �l— day of October, 2012, before me, the undersigned, a Notary Public in and for the State of Washington, duly commissioned and sworn, personally appeared Martin D Waiss, to me known to be the President of Investco Financial Corporation, Manager of Four Lakes Apartments L.L.C., which executed the foregoing instrument, and acknowledged the said instrument to be the free and voluntary act and deed of said limited liability company for the uses and purposes therein mentioned, and on oath stated that he /she was authorized to execute the said instrument. SIGNED AND SWORN to before me on& & ( 2012 1 tN y printed name: i Notary Public in and for the State of Washi gton My appointment expires: to �( — ,LI��siou e JUNE 9. 2 kMANDA V. PERRY NOTARY PUBLIC STATE OF WASHINGTON COMMISSION EXPIRES EXHIBIT A Legal Description of the Lot PARCEL A OF CITY OF AUBURN BOUNDARY LINE ADJUSTMENT NO BLA08- 0013, RECORDED DECEMBER 8, 2008 UNDER RECORDING NO 200812085006, RECORDS OF PIERCE COUNTY AUDITOR, SITUATE IN THE CIYT OF AUBURN, COUNTY OF PIERCE, STATE OF WASHINGTON