6. HRA SR 03-05-2012 - Laserfiche WebLink

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Separate Walls. If a Party damages a Party Wall or the other Party's Separate Wall, the Party that caused the damage must promptly repair the damage at .its sole cost and expense. If a building located on a Parcel is demolished or is damaged or destroyed by fire or other casualty or otherwise removed, the owner of that Parcel is responsible for ensuring that any portion of a Party Wall that is left exposed to the elements as a result of the removal of the Parry's building must, at its sole cost and expense, take such steps as are reasonably necessary to protect the exposed Party Wall from the elements, so that the exposed Party Wall may thereafter serve as a Separate WaII for the other Parry. ARTICLE II GENERAL PROVISIONS Section 1. Termination of Prior Deeds. This Common Wall Agreement supersedes and replaces the Prior Deeds, in their entirety, and each Party hereby quit claims to the other Party any right, title or interest it acquired in the other Party's Parcel by virtue of the Prior Deeds. The Parties and any Mortgagee of the Parties consenting to this Agreement, agree that the Prior Deeds are of no further force or effect. Section 2. Covenants Running with the Land. The easements hereby granted, the restrictions hereby imposed, and the agreements herein contained shall be easements, restrictions, and covenants running with the land and shall inure to the benefit of, and be binding upon, the Parties hereto and their respective heirs, successors, and assigns, including, without limitation, all subsequent owners of Parcel 1 and Parcel 2 and all persons claiming under them. Section 3. Severability. Invalidation of any of these covenants by judgment or court order shall in no way affect -any of the other provisions, which shall remain in full force and effect. i9~si~i~z 5