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HomeMy WebLinkAbout1988-04-19 Covenant COVENANT COVENANT made this -SI% day of August , 1987 by and between Charles Carrell , Trustee of BC Realty Trust (BC Realtor) and John B . Todd , Trustee of Westodd Realty 'gust ( Westodd) . WHEREAS , the parties area parties to a Purchase & Sale Agreement regarding a certain parcel of located on Route 114 in Worth Andover , Massachusetts ; and WHEREAS , said Purchase & Sale Agreement provides for the sale of the front portion of said real estate to Westodd by BC Realty Trust ; and WHEREAS, as a result of said sale , the parties will share a common driveway from' Route 1141 and WHEREAS, the parties agree to set forth their mutual rjghl:s and obligations with regard to maintenance of the common driveway ; NOW, THEREFORE , in consideration of One ( 1 .00) Dollar and other good and sufficient consideration , it is hereby agreed as follows : 1 . Westodd shall have the obligation to maintain so lunch of said driveway as is located upon the real estate owned t)y Westodd . 2 , BC Realty shall be obligated to Maintain so Much of that portion of the driveway as is located on the property of PC Realty Trust . 3, The parties covenant each with the other that BC Realty Trust shall have the sole and e clusivie responsibility for the plowiFIg of snow upon the eiTiCiiri�­ 'driveway, and shall do the same at its own cost and expense , F 4 . This Agreement is drawn under and is to he construed in accordance with the .haws of the COMMQnwealth of Massachusetts . 5 . This C:oveFlant shall Arun with the lard , and the parties , their successors and assigns shall be bound hereby . IN WITNESS [THEREOF, the parties ]lave executed these presents as a sealed instrument this J day of August , 1987 , BC REALTY TRUST WESTODD REALTY TRUST 13y By C hai ,les arrell , Trustee Trustee COMMONWEALTH OF MASSACHU ETT E SEX, Augu.5t f , 1987 Then personally appeared Charles Carrell , Tzustee of BC Realty Trust , and acknowledged the foregoing instrument to be his free act and deed on behalf of th Trust, before rye , otairy put)1ic - - y Commission Expires : � - COMMONWEALTH OF MASSA HUSETTS SUFFOLK, SS : August � 1987 Then personally appeared John Todd , Trustee of Westodd Realty Trust , and acknowledged the foregoing instrument to be his free act and deed on behalf of the Trust , before me , o � P U 5 11c My Co m ' s n Exp-,ro8 9 4 93 -2-