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)111 ?fir 0,4,44, RECORDING REQUESTED BY: —� a 2015306464 11/16/2015 02:44 PM CITY OF SAN LEANDRO ,t/d./ RECORDS OF ALAMEDA COUNTY STEVE MANNING STEVE MA COMMUNITY DEVELOPMENT DEPT. RECORDING FEE: 28.00 When Recorded Mail To: III I ill II III 0 2 PGS City Clerk City of San Leandro 41/ 835 East 14th Street San Leandro, California 94577 This space reserved for recorder's office DECLARATION OF RESTRICTIVE USE COVENANT AFFECTING REAL PROPERTY 15390 Elvina Drive,Assessor's Parcel Number 080G-1321-045-00 I, bZ .c_. ti-c as representative of Crowd Fund Investment Group, LLC,hereby place a restrictive covenant on the property("Property") described below,which restricts the use of the Property for a specific land use activity. The land use restrictive covenant placed on the Property shall run with the Property and thus impose restrictions on all future owners and tenants unless a Notice of Release is executed and recorded by the City of San Leandro. CONDITIONS OF USE OF STRUCTURE NOW THEREFORE,in consideration of the mutual benefits, promises and agreements set out herein,the parties agree as follows: 1. The parties hereto agree that execution of this Declaration by Owner and City entitles owner to internally reconfigure an existing single-family residence. The existing residence provides for four bedrooms,three full bathrooms,an office,an entertainment room, a living room, a dining room,and one kitchen as approved by Building Permit/Plan Check No. B15-1539. 2. Owner agrees that the internal reconfiguration of the existing residence shall not exceed a total of four bedrooms; unless and until it and the property meet all zoning requirements for a single- family home including but not limited to parking and setbacks,per the applicable Zoning Code Section 4-1704. 3. Owner agrees that the existing residence with the internal reconfiguration shall not be used as more than one residential unit with one kitchen at any time;unless and until it and the property meet all residential requirements for second units including but not limited to density (units/acre), parking, setbacks, access and applicable Building Code provisions. 4. Owner agrees to allow the city, at any reasonable time and upon reasonable notice,to inspect the premises for compliance with this agreement. The use of said property contrary to these special restrictions shall constitute a violation of the Zoning Code, and no release,modification or elimination of these restrictions shall be valid unless notice thereof is recorded on the Land Records by the Zoning Enforcement Official of the City of San Leandro, except that in the event that the zoning standards are modified so as to be less restrictive and the uses herein restricted are thereby permitted and in conformity with the provisions of the Zoning Code;this document would no longer be in effect and would be null and void.