§ 404. Registered property to remain registered. The bringing of
property under this article shall imply an agreement, running with the
land and binding upon the applicant and all his successors in interest
or title, that the property shall be subject to the terms of this
article, and all amendments and alterations thereof, and all dealings
with the property so registered, or any estate, right or interest
therein, after the same has been brought under this article, and all
liens, incumbrances and charges upon the same after the first
registration thereof shall be subject to the terms of this article.