Common Contracts

1 similar Covenant and Agreement contracts

WET FLOODPROOFING COVENANT AND AGREEMENT
Covenant and Agreement • January 5th, 2012

KNOW ALL MEN BY THESE PRESENTS, that the undersigned, hereinafter referred to as OWNERS (whether singular or plural), hereby covenant and agree that the following described property is located within a flood hazard zone as shown on the Flood Insurance Rate Maps prepared by the Federal Emergency Management Agency. The construction of an accessory structure is permitted by Lane County at an elevation below the base flood elevation for the site. In consideration for not constructing the first floor of the structure above the base flood elevation, the owner agrees that the structure will be used exclusively for the purpose of a garage to provide storage for vehicles and personal belongings as declared on the building permit, and that the structure will not be used for any other occupancy without obtaining the necessary building permits from Lane County to convert the occupancy. This agreement further serves as notice to the owner and successors in interest that the cost of flood insurance

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