Transcription of DECLARATION OF RESTRICTIVE COVENANT
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DECLARATION OF RESTRICTIVE COVENANT
DECLARATION OF RESTRICTIVE COVENANT Dated as of _____ By [_____] Location of Premises Street Address: City or Town: County: Block: Lot: _____ After Recording, Return to: New York City Department of Environmental Protection [Address] Attention: This DECLARATION OF RESTRICTIVE COVENANT (the DECLARATION ) is made this _____ day of _____, 201_ by _____, having its principal office at _____, (the Declarant ). W I T N E S S E T H WHEREAS, the Declarant is the fee owner of certain real property situated in the Borough of _____, County of _____ and State of New York, which property is designated as Block_____, Lot _____on the tax map for such Borough and is also known by the street address of _____, New York (such real property together with all improvements now or hereafter erected thereon, being hereinafter referred to as the Premises ); and WHEREAS, the Declarant has agreed to construct a green infrastructure project as described on Attachment I hereto (the Project ) at the Premises to reduce combined sewer overflow and reduce runoff from impervious surfaces in the City in accordance with the grant application filed with the City s Department of Environmental Protection ( NYCDEP ) and pursuant to the Funding Agreement, executed by Declarant on _____, by and between the Declarant and NYCDEP (the Funding Agreement ).
“Existing Mortgage” means a Mortgage (A) that is identified on Schedule 1 hereto, (B) that is held by a Lending Institution, (C) that complies with the provisions of this Declaration,
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