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diminutive by any cause, insured or uninsured, except in the case <br /> • of acquisition or reacquisition of the property by a public <br /> entity. Recording or filing of an assessment agreement complying <br /> with the terms of this subdivision shall constitute notice of the <br /> agreement to any subsequent purchaser or encumbrancer of the land <br /> or any part thereof, whether voluntary or involuntary, and shall <br /> be binding upon them. <br /> • <br /> 411 <br /> B-2 <br />