Recording Requested by:
3535 and 3551 Philadelphia Properties LLC
3535 Philadelphia Street
Chino, CA 91710
When Recorded Mail to:
3535 and 3551 Philadelphia Properties LLC
3535 Philadelphia Street
Chino, CA 91710
SPACE ABOVE THIS LINE FOR RECORDER’S USE
COVENANT AND AGREEMENT
THIS AGREEMENT ( “Agreement”) is made and entered into as of July 16, 2024, by 3535 AND 3551 PHILADELPHIA PROPERTIES, LLC, a California limited liability company (“Declarant”) and THE CITY OF CHINO (the City).
RECITALS
A. Declarant is the owner of certain real property located in the City of Chino, County of San Bernardino , State of California, and more particularly described on Exhibit A attached hereto (collectively, "Properties").
B. The Properties consist of two separate Assessor’s Parcel Numbers; 1016-011-12 (3535 Philadelphia Street) and 1016-011-13 (3551 Philadelphia Street).
C. The Properties contain common boundaries and are adjacent to and contiguous with one another.
D. The Properties also contains common walls directly adjacent to the common property line between the 2 parcels with openings.
E. The purpose of this Agreement is to set forth the terms and conditions for sale transaction of one or both the Properties.
AGREEMENT
1. Covenant to Seal Walls Adjacent to Common Property Line. In the event that the Declarant sells one or both the Proper ties, the Declarant hereby agrees and covenants that , at least thirty (30) days before any sale or transfer, Declarant provides City with an application, as may be necessary, for building permit(s) and an opportunity for City to inspect that any and all openings in the walls directly adjacent to the common property line between the Properties has been adequately and fully sealed and in acco rdance with any applicable permit(s) and standards as