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AUG 20 '90 14:42 BISKIND DEUELOPMENT <br />'' • :: P.5/12 <br />. • • ~' ? . ' ? ? <br />DFiCLARATION OF RF.STUCTIONS <br />TW DECLARATIOK QF RESTRYCl"XONS 3s made by BISBM DEVEi,OPMENT <br />CQWAACY, the "Declaraat". <br />W=SEI'8 <br />WMRP•AS, Dec].arant is the awner of the real propexty Iocated ia <br />the Citr of North Dlmsted., Ohio, and more fulIy described aa k'acbibit "A" <br />attached hQreto aad made a gart heareof (the "Property") ; <br />WHEtEAS, Declarant wishes, for the bene#xt af the Ci.ty of North <br />OI.msted and surrounding and abutti.ng 7.andovmer3, to restrict the aae a£ the <br />Propertp and to cavenant to provide for certaia landscaping af the Property <br />under the terms and condirion3 set forth htreia. <br />NpW, THEREFqRE, DeClarant, as owner of the I'ropexty, far itself, <br />its successors and assigns, dec].ares as follows: <br />1. That the use af the garcel or parcels described on Exhib3.t A <br />shall be restri.eted only to Office Buildi.ng or Hotel Use and such oeher <br />Accessarp Uses as presently pera?itted bp the Zoaxng Code of the City of <br />Hdrth Olmsted for such Offf.ce BaiZding or Bots]. UsQS. Moreover, in no <br />aveat shall aap General xatai.l or I.ocsl Hetail Hctai.neas [Jsa, ander Chapter <br />1139 of th* Narth Olmted Cod3fi.ed Ordiaaaces, be•permitte+d upoa the parccl <br />or parcels. <br />2. Deciarant shalI iastall, construct and maiataia fifty fe+et <br />(54' ) of laadacape bufferiag in all gerimeter areas af r.he parcel or par_ <br />cels abuttiag aay Resicfenti.ai D3,strict ar Co].mnb3a Road. <br />3. No driverray$, or cther access or egrm, sha1l be iastaUed <br />or mai.nr.ai,aed £rom Ca2vmbia Road Co that portion ct the Propertp Identified <br />on Fxhibit "A". <br />4. Subject to the provisions vf Paragraph 5 be1QV, the restsic- <br />tivas and coveaaets created by this Deeiantion sbaLt crzate a perpete:al <br />covenaae rccnaing with tiu I.and and shsll be b3adiag apoa Che Froperty aad <br />upon Declaraat and its succeasors and aasigaa. Further, the restrictinns <br />and eoveaants shalZ 3nvre to the beuueff,t ot the Cit7 of NQrth Olmsted and <br />to surrauadiag and abutting lattdowners. Mie.Qrovisivns of the Declaratian <br />sba].1 not be ameaded# termLaatad or otherw3,se modif3ed w3.thont the written <br />eoasent of che Deel.sraat, its xueceavars aad aesaigas, rw owner of the <br />PropertT, and r.he City of Horth Olmsteed, aa evidenced by a maforitT vate oi <br />City Conacil. Prior aotice of aa7 propossd ameadmat, tergigat:Loa or <br />moditicatiaa shall be g3ven in vriting to a1], abutti.ag ],mdowaers at ].aast <br />two (2) weak,s prtor to anY such City Cotuzeil rote. <br />5. Notvithsteodi.ag an7 provisi.oa of this Dec]„aration to tha <br />eoatrary, tt:i9 Dettaration shall becomw effectivo onlr at such t3me as <br />Delcaraat`g appl3.cation £ar rezoaiag of the ProgerCy fxoa a resid*ntisl <br />1