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HomeMy WebLinkAbout2017-01-17 Master Deed Chestnut Green i. 1Wa•AluvgnrH.J+w 1).1Y• ri•...+..� � � 1..-.... ,_ �....r r.—....,.�w r.a i."...... a+a....r • .\ .__•._..-w......,......., ,,. MASTER REEF) , .. ..._. el[1J':, k' • 'OF CHESTNUT GREEN AT THE ANDOVERS CONDOMINIUM Walter C.- Grover and Richard R. Ruggiero, ., Trustees of ` ! Oheatnut preen Realty Trust, under Declaration' of Trust ,dated July 27, 1984 (hereinafter the "Grantor".).; being.the solo.:owneri!-"Q,,d4LtnL of the land together with the buildings thereon,, located an Salem •. f Turnpike, Route 114, North Andover, Massachusetts, and being mor p,�/t�.y particularly described in Paragraphs (2) and (3) below; ,does �• J hereby, by duly executing and recording this Master need,,•submit said land, together with the buildings and improvements,. erected thereon, and all easements, rights, and appurtenances '441onging ' thereto (hereinafter called the "Premises"), to tbo provisions of Chapter 183A of the General Taws of the Commonwealth pf Massachu� setts, as; amended, (hereinafter- "Chapter 183A") and does hereby ,state that the Grantor pxopbass to create, and does hereby I ge6AA6 i create, with respect to ,the Premises, a condominium to' be governed by and auhject to the provisions of Chapter 183A, and to that end, Grantor declarers and provides the following: ' (1) am-0. 'rho name of the condominium shall be the cheat- - �• ,0.� �a�`2 nut Green at the Andovers Condominium (hereinafterthe "Cando. mininm"). (2) Description .of Land, The Premises which constitute Phase I of the condominium consist o£ the land together with buildings and improvements thereon, located do Salem Turnpike, 9 Route 114, North Andover, Massachusetts and being .move particu- larly bounded and described. in Exhibit A annexed hereto and incorporated herein, which Land, buildings, and improvements are subject to and have the benefit of, as the case may be, the easements, encumbrances, restrictions and appurtenant rights set forth and contained herein and in said Exhibit A. (3) es i do ase of Buildin s, The description of the building comprising P I Cf the Condominium, stating the number of stories, the number of Units and the principal mate- d- vials of which it is constructed is .set forth and described in Exhibit B attached�bere.'to and incorporated herein. (4) Description.of Units. (A) The Co>dominium Units contained in •Phase I and 'the designations, Iodations, approximate areas, number of rooms, immediately accessible common areas, and other doscxiptive specifications thereof are as set forth in EjjtAbit •C attached ` hereto and incorporated herein. The proportionate inte.reat of the respective Units in the common areas and facs�ities has been gago (, determined on the, basis of the approximate 'relation which the fair value of eaoh.Unit on the date of the Master ,Daed bears to ' ' the then aggregate,fair value of•all the Units in Phase 1. `! is 5 (8) Each Unit'. inoiudes the ownership of all utility lines) heating, plumbing, electrical, and other apparatus and equipment, r which both exclusively serve and are located within the individu- al Unit. (0) The owners of each Unit sha11 have the fight, as ` appurtenant to their Unit, to use, in common with the owners of the other Units of the Condominium all of the Common Areas And -- -Facilities (subject to right of the Trustee of the Condominium Trust to designate certain areas for limited or restrictive use see Paragraph 6M, herein), including, without limitation, all bathrooms, elevators,� hal"lways, entrances to and, fiom the public streets, yards, driveways, and walkwayo. (D) The dwnerb of each Unit shall have the right, as appurtenant to their unit, ,to use, in common With the owners of other Units served thereby, all, utility lines and other common ' facilities located in any .of the other Units or in the common areas described in. Paragraph (6) hereof, and serving that Unit. Nothing herein ohall. atherwiee be construed td, limit the right of any owners of a Unit to use other common areal and facilities in `. accordance with.the intended purposes thereof, ` ter '• ' , .k . 1 r . , e CondomiiiiimiCusti' i$zeina er agar" a ae„a right. { 310, of entry to each Unit to. effect 'emergency :repairs of other necessary repaira6 which the Unit Owner has failad to perform. (F) The'boundariea of each Unit With respect to the floors,, ceilings, walls, doors and windows ,thereof are as follows: �• (i) iiloorss The plane of the upper surface of the floor , �- -joists, (ii)'Collingss The plane of the lower surface of the ceiling , joists; (!Li) Interior Wallaas The plan of the interior surface of the wall studs, or in the case of walla .without studs, the plane of the interior surface of furring strips, (iv) Exterior Wallas The plane of the interior surface of the furring stripes (v) boors and Windows: ,As to doors; the exterior aurfaae thereofj are to windows, the exterior of the glass and window frames. (G) Each Unit shall be subject to and with the benefit of various easements as created herein, said easements providing for Common access and use of the driveways, parking areas, sewer and utiLity lines and hookups, located on and/or servicing the 1'r9oises and Additional hand (aa hereinafter defined), together with agreements with respect to the maintenance and repair of such areas and services subject to common usage. " (Pi) Each Unit ah"l be subject to' rights ad set forth in any of the foregoing subsections, if and so far as appligable to that unit. m (5) esari ion o Ph ass. , (A) Phase I, created hereunder,. consists of' one (1) build- in4 as shown on the Piano referred to in Exhibit "p' of this k Meister peed eontaininq fifteen (15) condominium unit.a. 00mprising in the aggregate Seventeen Thousand Three Hundred Sixty-Seven (17,367) square feet, may donasist) of more .than Grn neea(1)atphafse,Andovere provided, however,n the r i Condominium Units shall not exceed in the aggregate a maximum of Eighty Thousand (80,000)'equare feet. r •(C) The Grantor"` shall '" a the right to add. the parcels described in Exhibits A-1 and A-2, annexed hereto and incorporat- ed herein (hereinafter, the "Additional Land") to the Condominium in connection therewit and, h, to create Phases 11 and III of the Condominium. ' ' Notwi.thstandinq any contrary provisions of this i Master head or th4e, Declaration of Trust recorded herewith, Additional the donal Land be' added to 'the Condominium and the addi- a t itinal phases o£" the. CondominiuT4 may be created by -the filing of Amendments from, time to time to this Master Deed, in accordance with tb4-prov'i,siong.of chapter la3A and section 11 hereof,' which Amendments will describe the portion of the Additional band and the buildings thereon which shall constitute the additional a phases o£,the Condominium, the condominium units creates# by such phase, and such other matters as may be included by the Grantor s or required by law. ' r a portion of the . Addition future p a ay al hand and one (1)n-or atmore Of anew ll obuildings. In addition to-new buildings, any such phase may, in the Grantor's discretion, consist o£ the construction or the improvements of ; Common Areas or Facili.ties. �' L ,M The percentage of beneficial interest of the respective unit<a ,ot Phase I in the common areas and facilities is shown on Ubibit C attached hereto, The effect of the future phasing on the percentage of beneficial interest of the respective units id .future phases is set forth in Exhibit E, aattached hereto and A.ocprpg rate d herein. .:.... ................ ... U ..r. ...... ._........_. lit . ... • _. •' .,.r.rl..ri....a N., ..tSi'• � ....F/ ail � M � � �-.'...'.r.• ri..�r+.lr.-sr.-r u.w..•i.-...�+�••w�w..w.....• +.N�fi.a, ' 1 r .•- . u Li LL . (F) The Grantor shall have the right, for a.period of five (•g} years from the date hereii , to create such additional .phasop as describe4 in this .Master Deed and the Exhibit* attached hereto. (G) in connection with the right to add phasaa and Addi- do»AL Land to the ,Condominium, Grantor. hereby roservea for himself and his contraCtora, suboontraatora, employsea, agents, and assigns, the night and easement to construct on•ths Premises, access roads and site improvements, to service such Additional Land and additional phases. The Grantor also reserves the right• to have as an appurtenance to the. construction of such additional 1 phases and any improvements and additions on the Additional Land , or the Common Areas, easements to pass and repass aver the Condominium common Areas and Facilities, including :the right to store equipment and supplies, so tar as the same are necessary Arid Convenient, for the construction of such ;future p6 sea. The Grantor shall have such right and easements to use driveways and walkways affording access to. the Premises including the right and easement to construct additional driveways, stairways, and wal)twaya to serve the Common Areas and g'aollities, the Additi.anal v Land and the buildings and units in such future phases, provided that such easement for accese and construction shall not unzea- sonably interfere with the access of the owners of any prior { phase to their units, (H) in addition and Supplemental to the Grantor's rights provided for herein, the Grantor herein specifically reserves for k�imself and his assigns the rlghtp (i) to build, develop, create, and add by Amendment to this axemareter pbuildingg or eed all or aphasesoat tin of herisame grime wi itional hin tLand he give d one (s) year period from the "ecuting of this Master Geed; (ii) to build, develop, create, and add by Amendment to this Master teed, the above described Additional Land and phases i in any order the said Grantor or his assigns so choose) {iii} to convey, transfer or assign the Grantor's rights " hereunder, either directly -Or as Collateral, and the said rights shall inure to. the benefit of any such successor, " assignee i mortgage, or sm9oessor thorstol s, (iv) to elect not to develop or build. any or all of the ' future phases] a (v} to grant mortgages on the Additional Land, the build- ings and units thereon, and the right and easement hereunder reserved with the provision that such Additional land, buildings or un;.ta will remain the property of the grantor and shall not constitute part of the aandominium until the' Additional Land, buildings; and units therein axe included in the Condominium and an amendment to the [laid Master Deed so providing in regarded. {vi}• to develop and/or subdivide the Additional Land -in any manner determined by the arantor, to add all or any portion n! Additional Land to' the Condominium, and to elect not to. add aLl or a portion of ghee Additional Land to the Condominium. }: (I) Mach Buyer of a unit of the condominium, by the regard•• ' inch of it*/him/her Unit ]Dead, shall be deemed to consent to any ,� .•h+new.w.mce<avw�.ra,w.r-wtisn.n-<.a+.n.-.vr.+..a.+r«-«.i.•+.wn.•,M..i-.br«.wu,•...-rw..�+•w�..r.,........,: . Am a dlnea'tt to this Master Deed which adds additional phases to the Con�ominitun. , ' (6) llesa:•i Lion of Gammon Arass and Vacilities. Thb Common Areas and Facilities of the Cgndominium consist M (A) The land described in' Exhibit A, together with the benefit of dnd aubjeot to all, rights, easements, restrictions and agreemQnts of record, if any, so far as the same MAY he in force and subject to the rights and easement of the Grantor ae herein- before dotoribed, Unttl added by Amendment to this Matter Deed, the Additional Land is specifically excluded from the Common 'Areas and Facilities, (B) Any Additional Land which may be added, to the Cando- minium pursuant to th'e terms hereof, together with the benefit of and subject to all rights, easements, restrictions, and agree- Monts of record, it any, so fax as the same may be in force and subjgci to the rights and easement of the Grantor wherein do- to) All porti.ano of. the Uaildinq(s) (including Buildings in ? additional phases, after such phase(s) have been added to the Condominium) not included in •any Unit by virtue of Paragraph 4 above, including, Without limitation, the :following to the extent such may exist from time to timer , (i) The" foundations, structural members,- beams, supports, ` exterior walls, exterior doors, frames for the exterior windows and doors, Leading from units to common, areas, roof and entrances and exists of the Building, common walls within, the Building, and structural walls or other structural components contained entirely within 'any Unit; '(ii). The main entranceway, steps and stairway, the entrance vestibule, hallways and rest rooms serving more than , one Unit, the mailboxes, the -furnace room, storage ' areas, elevators, elevator, shafts, stairways, utility areas, and other facilities in such hailWays;' (iii) Installations of services such as heat, telephone, electric power, gas, hot and cold water, including All, utility lines and equipment both contained within and servicing a single Unit; (i.v) All conduits, chutes, ducts, sewer, drainage,'Water and +other pipes, plumbing, wiring, flues and other •Cecil- i sties for the furnishing of services described above in +' subparagraph (iii) Whioh are contained in portions of the'buildings contributing to the structure or support tltereo€, and all such facilities contained within an Unit which "rve part of the Buildings other than the Unit within which such facilities are contained, 'together with an easement of acceas thereto for mainte- nance, repair, and replacement, as aforesaid; (v) All apparatus and equipment designed and intended for ; common use such as but not limited to elevators, tanks, pumps, shotors, fans, compressors and control apparatus and equipment, whether Located in common areas or in ' Units, excluding from ,such apparatus and equipment all '+ ' parts thereof, and all items. affixed or connected thereto, not designated or,Intended for common use; (VI) All, land areas, lawns, landscaping, parking areas and driveways, and facilities, ' and other improved or " unimproved areas on land and not within any unit; (yi,i) Such additional common areas and facilities an may be defined in Chapter183A. (E) The owners of eaoh Vnit shall be entitled to an undi- vide4 interest in the common areas and facilities in the parcen� } tages 'shown on Exhibit C and upon amendment of the Master Deed as shown -on Exhibit E. All exclusive rights and easements of use ;r a pt;rtenant to a Unit Shall ion Conveyed only with the Unit to wriiah said rights are appurtenant and shall not be severable from B 1928 I... V (t') The^:.Trustees of the Coridominiumn 'rust, +'in1 their~so,17 and absolute discretion, may designate aertain portions of the common areas and facilities £or'limitod at restrictive• use, and such designations or restrlctions shall be upon suah,.terma and conditions, •land„with such :stipulations and agreements, as the ' Trustees shall'deem advisable,' and the purpo$e's of ,this Pfkragroph may be carried out by the Rules and Regulations of the Condomini- um Trust, , '. (G) The use of common areas and facilities shall be subject to the' provisions of (a) this Master peed, (b) the.Condominium 'gust, hereinafter referred to in paragraph 10 hereof and by the By-Laws and Rules and Regulations promulgated pursuant thereto, and (c) Massachusetts General Laws, Chapter 183A as amended. (7) Floor Plana.. The floor plans of the Building and the Units therein in Phase 1, . together showing the layout oP the Building, setting forth the Units within the Building and .the Buildings comprising the Condominium, and depicting the unit, numbers, layout, location within each building, and dimensions, main entrance and immediate dommon areas to which each Unit has access, and bearing the verified statement of a registered arahiteot, registered professional enginoer, or registered land surveyor, certifying that the' plans, taken' togerher, fully and accurately daptct the layout, location, unit numbers, and di- mensions of the units as built are recorded with and jade a part of this Master Deed, , Said plans are listed on a schedule annexed hereto and 3. incorporated herein, which together with copies of said plans:arse collectively referred to as Exhibit b, ' (8) Statement of Purposes.. The purposes, for which the buildings and the Units and other facilities therein, are intend- t' ed to be used are as follower (A) The • buildings and the units and other facilities therein are intended to be used for medical, progessional.r business, banking, and/or commercial offices and any other uses specifically related, supporting, or accessory thereto. No unit shall be used for any purposes other than the' maintenance of ; medical, professional, business, banM ng, and/or commercial offices therein and purposes which in the case of each unit owner s or occupant are incidental to the maintenance of such office's by e' that unit owner or occupant including, but not limited to, - x-ray equipment, medical laboratories, , business machines, office "equipment, and accounting and record keeping facilities otherwise i<: consistent with the provisions of this Section B and purposes for which said units aie designed as shown on the 5loor plan. w (B) No use, including without limitation, a medical, : professional, business, and/or,commeroi.al use, shall be permitted Which in the opinion of the Trustees of the chestnut Green at the Andovers Condominium' Trpst (herein, the "Condominium Trust") or , . the Grantor is inconsistent with the maintenance of the general character oC the building as a professional office building of ' the first class in the duality of ita maintenance, ,use and ' occupancy, . (C), Motwith'standing anything to the contrary contained herein, Units 10, 11, 12, 14, 15, .16, 21, 22, 23, 24, 26, 26, 27 and 28, shall not be used by an'Pndodontiet or other physician for the practice of ondodontryy except with the written consent '. of the owner(s) of Unit 17, (n) The use of parsing spaces is to be granted by the {; Trustees of the Condominium Trust, To that and, said Trust ea, may (i) establish rules, and regulations with regards parkit" f and, if deemed neaesaary by said .Trustees, (ii) grant oxclusiVa rights of use with regards parking or parking' spaces,. The following restrictions and regulations shall initially apply to r the use and occupancy of the parking epaaest } ' yMMlHl �yiPFIFKtrnTN•'4+`fMly\YMN'IY,.+IN hN.wwnrs(rtt.rH.,4.v•t.l[M'1...,1.+IN.s.rvVtM4W-MHRrM,iwi1M1 N•..,'. . ' , • ' .mW•.`••4✓rtir M'W l.h/1......r41w-r-r • , ' . , , , BK :1926 : " 3 (i) The Parking Spaces may' bi urea only or Parking o! ' private automabilar, �not4xcypler, and noncommercial van$ and for the personal use of unit Owners entitled t0 ura said parking spaber, and their eMployser, clients, visitors, quests, or licensees, no trucks, . boats, trailers (whether capable of independent opp erationo or attached to an• automobile or. other vehiw -s.. ole), except with the written aoneent of the Trustees of the Condominium Trust (hereinafter defined). only one vehicle it allowed in each Parking Space, This Paragraph ,shall not. be doomed to restrict temporary use o£ the Parking Spacers by trucks while making delivery or pick-up at a Unit, subject, however, .to any rules or � regulations which may be promulgated pursuant to the Condominium Trust, ' (ii) All vehicles shall be parked Within their respective Parking Spaces. ' (III) All parties using said Parking Spaces shall comply with the provisions relating to such use contained in this Master Dead, the Condominium Trust, and the rules and ' regulations promulgated pursuant to said Condominium Trust. , Eiv) In instances where vehicles using the parking areas and facilities of the.Condominium or Parking Spaces do not comply with the foregoing provisions, the Trustees of the Condominium Trust are authorized .to allow . the •' touting of the noncomplying vehicles At the expense of the owners.of such vehicles, (R)' T11e following conditions and 'restrictions shall apply to the tenanting, renting, or,leasing of Unitsa (i) Each and every lease, license, and/or tenancy agreement' may be for the entire Unit or a portion of the Unit and each and every lease must be in writing. Leases for a I term of lees tha:1 one (1) year and/or for less than the entire unit must, in order to be valid, be approved in �•; writing by the Trustees of the condominium Trust, which approval shall not be unreasonably withheldi 411) Every lease, license, or tenancy agreement permuting outside occupants use or pgssession of a unit shall inolude a provision requiring the outside oboupant to comply with all terms and conditions of thin Master Deed, specifically •including but not limited to this Paragraph (8) and Paragraph (9), the condominium 'Trust, and the Rules and Regulations of the Condominium (if any said Rules and.Regulations have been promulgated by the Trustees of the Condominium Trust) and that the failure of said outside occupant to comply with any of the `terms of said Master Deed, Cohdominium Trust, and/or said Rulea and Regulations shall be at default under said tease, license, or tenancy arrangement. There shall be attached to each suoh written instrument a copy of the Rules and Regulations and a copy of Paragraphs (8) and (9) of the Master Dead$ (III) . No outside ocoupants shall keep, house, or harbor any .• pets or animals Ift a Unit unless authorized pursuant to the Rules and Regulations of the coy ddmi.nium Trust .. r ,'. i�.'is9.dab¢4w1:x'✓,nY.Y.iw.Y/F�:f'�r:t;�i+a1LCxN:rU,*a.ifNUi.:.fei++J154r.,5rV ' '1 „ raw...,,r,.w>:...iw.r:w.mr..rr.c..�wvu..r..-., www.•nrr.w..�+'nw....wx, t• •1; . ' t , • ' • y{rylY11(((In♦i i . , A/ RR '/ 2 8 Is.... ..�•.•. ......._........«. �...�.�. .Y9•r... ...M0.1',.. (iv) Notwithstanding anything to the contrary contai,nod i31 1 herein, Units 10, 11, • 12, 14, 15, 16, 21, 22, 23, 94, r 25, 26, .2,7. and 28, shall not be used 14Y an Endodontist or oh8it physician for the- practice of endodontry, except with the written uansent Of the owner(q) .O Unit 174 r' (F) Notwithstanding the provisions contained in Paragraphs, :} (a) and (9) hereof, the Orantor, ar any auocessor to its interest in the Condominium, hereby reserves the right, urli;il°a11' of.. the Units in each phase have been sold -by Grantor or such'. successor, t0 `.' (i) let or lease any Units or parking spaces:owned,by the Grantor) (ii) use any Units owned by 'the grantor' as rnadela .£dr display for purposes of selling or Leasing the Unite or for other . lawful purposely (G) Use of the Units, and Common Areas may 'also 'be real striated under provisions of the condominium Trust and "Rules and ;F Regulations" promulgated pursuant thereto. ; 5 9, Reatrictions on Use. (A) No Unix ehaLl be used for any purpose not spocified' in Paragraph (6) aboves P " (B) Each unit shall be used only for such purposes and to. ouch extent as will not overload or interfere. with any common c area and facility or the :enjoyment thereof by the owners of other units) (o) I£ any governmental license or Permit (other than a certificate of occupancy, .or a license or permit applicable to the buildings as a whole and required in order to render lawful the operation of the buildings for office purposes) shall' be ;t required for the proper and lawful conduct of business in any : particular unit, and if failure to secure such License or permit would in any way affect any other unit or the owner thereof or the Condominium Trust or the Trustees, the owner of such'particu- lar unit at its expense shall procure and maintain sugh license or permit, submit the same to inspection by the Trustees and comply with all the terms and conditions thereof; (D) No unit owner or occupant shall dischaxge, .or parinit to be discharged, anything into waste lines, vents or flues of the =. buildings which might reasonably be anticipated to cause damage thereto, spread odors or otherwise be offensives All business machines and equipment and all other 3 mechanism equipment installed in any unit shall be so designat- ed, installed, maintained and used by the owner and occupant .o£ �• such unit, at the expense of such owner, as to minimize insofar as possible and in any avant 'reduce to a reasonably acceptAble� level the emission and transmission of noise, Libration, odors snd other objectionable transmissions from such unit to,any other area of the buildings. r• M The owner of any Unit may at any time.and from time to time change the. floor plan of any room or space within said Unit ar any adjoining Unit owned by such owner, subject to the pro- visions of hereof, and may modify, remove and install non-bearing :s walls or ceilings lying wholly within said Unit or between said Unit and any adjoining Unit owned by such owner (which may include a Unit above or below the subject Unit) provided, how- ever, that any and all work with respect to the removal and Installation o£ interior non-bearing walls .or other improvements shall be done expeditiously in a good and workmanlike manner, pursuant to a building permit duly issued therefor (if required by law) and pursuant to plans and specifications Which have beeh submitted to and approved by tha Trustees of tho Condominium. Trust, hereinafter referred to, Which Approval ' ahall' not be , t I, unreasonably withheld or delayed. i3) irxcept its jsr&Rded"fiex+in; • arc tea urR ntegr ty the }3uild'ing and the unite shall be preserved without modi- Rcation, &rid to that end, Axcept as provided herein or in the Rules and Regulations of the Condominium gust, no Awning, screen antenfia, sign, banner or other device, and no exterior change,. " addition, atruoture, projeotion, decoration or other feature ahail•be erected or placed upon.or attached to the wilding, any .• -Unit, or any part thereof, This Paragraph (G) shall not restrict the right of Unit Qwnexa to decorate the interiors of their Units as .they may desire, .(H) ' Any Unit may be divided by the Unit Owner thereof into two .•(2) ar more Units provided 'that the following terms and conditions are satisfiedi W no Unit shall be smaller than 'four hundred (400) square feeti (ii) each Unit shall have either direct access or aoceds through a, common ,Area or Vacilit: to the , exterior of the Building in which the unit is looated; (Ili) the , •': paroanta.ge interests in the Common Areas and Waoilities of the Units created shall aggregate the percentage interest of the Unit which 'was divided and shall be determined based upon the relative fair value of each Unit; (iv) the said Unix Owner, at his sole cost and expense, shall prepare any and all Plana and documents € deemed necessary by the Trustees of the Chestnut ,Green at the ; Andovers Condominium gust (eaoh in form and substance satisfac» tory to the said Trustees) For the subdivision of the Unit, including, without limitation, an Amendment to the Master Deed providing for the Units to be created by the division of the Unit: and (v) the Unit owner shall pay all posts and a8pensan incurred ' liy'•the said Trustees in connection with the .review of such plans and documents, the execution thereof by the necessary parties, the administrative work necessary to provide for the new units, •Find tho,recording of'the appropriate dooumente. (1) No Unit shall be used or maintained in a manner con- trary to or inconsistent witli (i) this Master Deed, (ii) the Condominium Trust and the rules and regulations prohtulgated thereto, 5r (iii) Chapter 183A. These restrictions shall be for the benefit of 'all Unit: owners and.shali .be administered on behalf of the Unit owners.by the ,Trustees of the Condominiums Trust and shall be enforceable ooleAy by one or more Unit Owners or Trustees, insofar as permit- tad bylaw, and, insofar as permitted by law shall be perpetual; and to that end may be extended at such time or times and in such manger AS permitted or required by law for the continued en- forceability thereof, No Unit owner shall be liable for any breach of 'the provisions of this paragraph except such as occur < during-his or her Unit ownership, (10)' Management and Re lator rcianization. The orga- nization through Which the .owners of the Condominium units (the € "Units") will manage and regulate the Condominium established hereby is the Chestnut Green at the Andovers Condominium Trust: under a Declaration of Trust (herein the "Condominium Trust") of even date and contemporaneous execution and recording herewith. ' The.Condominium Trust establishes an organization of which the owners of Units shall be members and in which such owners shall € ;. 'have a beneficial 'interest .ln proportion to the percentage of undivided interest in the common areas and facilities of the Condominium to Which they are entitled under this Master Deed, The names and addresses of the original, end present trustees (the "Trustees") of the Condominium Trust are as follows: ;( • Walter C, Grober, 105 Chestnut Street, Needham, Massachusetts Richard R. Ruggiero, 105 Chestnut Street, Needham, Massachusetts • ( The Trustees have enacted By-Laws (the 'ray-saws€€), which are set forth in thd ,Condominium Trust, pursuant; to and in accordance with provisions of Chapter 183A. (The germ "Trustees" as herein- Y after used shall be deemed to include the successors in trust to the original trustees and to mean the trustees or trusteo for the time being under the condomiAium Trust.) (11) Amendments. T> Is Masten Deed may be amended byy an instrument in writing (a) Signed by one or more owners of Units entitled ta• 76% or more of the undivided interest in the common areas' and facilities;, and ' (b) signed and acknowledged by a majority of the 'Trustees of the Condominium Trust; PROVIDW, HOWZVER, that* (A) The Grantor shall have the absolute rightNto^amend th a Master Deed From time to time without the signature of any Unit owner in such manner as to add the Additional L4t14 and future Phases to the tarme hereof.and to subject any such Phase or Phases to tfift" rovisiona of Chapter 193A thereby incorporating ; such Phase or Ptaees as part of the Condomintum a}'eated by this S Master Deed. Prior to reoording cloy ouch amendment the Grantor' f shall have the right to decrease the numbar, or change the •oixe; ' layout, location and percentage beneficial interests in the 4 common elements of units in any Phase subsequent. to Phase, -1, provided, however, that any such change with respect to future Phases shall not alter substantially the effective percentage of beneficial interests in common areas and facilities set 'forth in this Master Deed or Amendments thereto of any unit existing prior to such change; (B) Any Unit Owner shall have the absolute right to amend ' this Master Deed from time to time without the signature of any other Unit Owner to subdivide the 'Unit owned by such Unit owner subject to the terms and provisions of SeCtion (9) (H) herein, ' provided, that such Amendment contains the written acknowledge- ment by the Trustees of the Condominium Trust that the conditions of said section (9) (it) have been satisfied, (0) The date on which any instrument of amendment is first signed by a Unit Owner shall be indioated thereon as the data thereof and no such Instrument shall be of any force or effect unless the same has been so recorded with the tesex North Din- triot Registry of Deeds, within six months after such date; (D) No instrument of amendment which alters the dimensions or use of any Unit after said Unit is made subject hereto shall be of any force,or ,effact unless'the same has been signed by the owners of the Unit (and any holder of 'a first mortgage thereon) so altered (this tub-paragraph does not limit the right granted, ; subject to aonditiops, in section 9(F) of owners of-adjoining Units to alter interior boundaries of,commonly hold-Units). (E) No instrument of amendment other than those described ` E in Subparagraphs (A) and (0) above which alters the percentage of r the undivided interest to which any Unit is entitled in the Common Areas and Facilities shall be of any force or effect ; unless the same has been signed by the owners of the Unit or Unite so altered (and any-holder of a first mortgage thereon); (s) No instrument of ' amendment which alters 'this Master Deed in any manner which would rendet it contrary to or inconois- tent with any requirements or provisions of Chapter 183A shall be 7 of any force or effect? ` (0) No instrument of amendment which alters this Master Deed in any way other than those described in subparagraph (A) above which would'materially adversely affect holders -of first mortgages on Units shall be effective without the Approval of the holders of the first mortgages of record so affected, (H) No instrument of amendment which purports to affect any r• rights reserved to or granted to the Grantor or which, would in the opinion of the Grantor adversely effect the marketability of the Units or the devslopmant of future phones shall be of any ,5 force or effect before ithe earlier of (i) the expiration of five • •x:a+�.nvr.s•suw�s•f..w..s.•wu•w.s.:ewes,r.•Y+.nt.x,-�.o.•nrravn..oS.vn a`o.x•...n-:pro+arnia•.,+•w�r.f..we.•r':�on+r•:rn•i.•.. H 192B, (5) years from the ;fate heireo£�ar (11) the c3rantar or his nuc� cessore and assigns has conveyed title to all Untto and has . completed:the phasing provided for herein, unless the Grantor or its successors or assigns executes the instrument of amendment; (i) No instrument of amendment which purports to limit the permitted uses of the Units as specified in Paragraph (8) (A) shall be of any force or effect before the earlier of (1) the expiration of five (5) years from the date hereof of (11) the grantor or'his successors and assigns has oonveyed title to All 'Units and has completed the phasihq provided for herein, unless the Grantor or its successors or assigns exeoutes the instrument 'of amendmenti and ; (J) Notwithstanding anything to the contrary contained herein, no instrument of amendment altering Sections 8(0) and S('E)(iv) shall be effeotive without the approval of the owner(o) ` of,Unit 17, (K) The beneficial interest of each unit of the Condominium shall be held and exercised as a Unix and shall not be divided among several .owners of any such Unit. To that and, whenever any Unit is owned of. record by more than one person, the severamI owners of such 'Unit shall (a) determine and de�signato which one t. of such owners shall be authorized and entitled to oast votes, " execute instruments and, otherwise exercise the rights apper- taining to such Unit hereunder, and (b) notify the Trustees of such designation by a notice in writing signed by all of the record •owners of such Unit. Any such designation shall take effect upon receipt by the Trustees and may be changed at any time and from time to time ley notice as aforesaid. In the abahnce of any such notice of designation, the Trustees may designate any one such ownerm-to r such purposes, MnLtts. Sub e t to Mas r need unit D'ee C domini ; Trusts eta. (A) All present and future owners, tenants, olienta, visitors, servants and oocupants of a Unit shall be subject to, and shall comply with, the provisions of (a) this Master Deed, (b) the Unit Deed conveying such Unit, (a) the Condominium Trust and, BY-Laws and rule$ and regulations promulgated pursuant thereto, as they may be amended from time to time, (d) the items affecting the title to and the use of the Land as sat forth in Paragraph 2 ,bercof, and (a) Chapter 183A, The acceptance of a dead or 4onveyance or the entering into occupancy of any Unit shall oonstl.tutd and agreement that (a) the provisions of (1) this Master Deed, (2) the Unit Deed, if any, conveying such Unit, ' (3) the Condominium Trust and the By-Laws and rules and regu- lations'promulgated pursuant thereto, as they may be amended from- '.time to timer and (4) the said items pffeoting title to and use } of the. Land are accepted and ratified by.,such owner, tenant, client, visitor, servant, or occupant, and all of such provisions shall' be deemed and taken to be, covenants running with the land, and shall bind any person having at any tune any interest or r estate in sucll Unit, as though such provisions were recited and stipulated at length in each and every dead or conveyance or lease thereof, and (b) a violation of the provisions of this -Master Deed, such unit Deed, the Condominium Trust and Sy-Laws or rules and regulations promulgated pursuant thereto by an such ti• person shall be deemed a substantial violation of the duties of the owner of a Unit, f (8), The failure of any Unit Owner to comply kith any of the ' provisions• bf the Master Deed, Condominium Trust, the Rules and Regulations 'adopted pursuant to 'said Trust, and the Condominium Law shall give rise to a cause of action in the Trustees of said t Trust, and any aggrieved Unit owner, which they may'enforce in t any manner permitted by law, including without limitation by .ourt,..aCtarc...€or, F . , .r 1, ..i, . 1 •, , ,.r r i. ...., ,i.:,. . ,.,r ,Ir.ti• ♦ . .•1:IYl,•.Y•r •:JA\t•.,'Iy?t Y.nS..Y • '1 ' • ..L.+..,.l+tv`r A�^'•'w.+'^.^ ........... ,..ice i... , • , �....r.�. J v ...,' . .... .r..`r-,r-�. ' 319 (13) Pines, Wires Aucts Cables Conduits Public Utili y Lines a other Common E ements Located Inside o£ Units, Each Unit Owner shall have an easement' in common with the owners of 0r''o`Eher Units to 4se all pipes, wires, ducts, cables, conduits, public utilityy lines, and other Common Elements located in any of the other. Unita and serving his Unit. Each Unit shall be subject to an easement in favor of the dwne'rs of all other units to use the pipes, wires, ducts, cables, conduits., public " utility lutes and other Common Eloments',servinq such,other Units and located in such Unit. The Trustees of the-Condominium Trust shall have' a right of access to each Unit to inspect the same", to r remove violations therefrom and to maintain, repair or replace the Common Elements contained therein or elsewhere in' all such ' buildings. , (14) Encroaohmants, it any portion of the common areas and £aailities of the Condominium encroaches upon any Unit, or if'nny Unit now encroaches upon any portion of the common areas and facilities, or if any such encroachment shall occur, hereafter as a result of settling or shifting of any of the buildings or Alterations or repairs of the common areas and facilities made by or with the consent of- the Trustees, or as a result of repair or restoration of any of the buildings or of a Unit if-ter damage by fire, or as a result of condemnation or eminent domain proceed- ings, a valid easement shall exist for such encroachments and for the maintenance of the same so long as such building shall stand: (15) Covenants - Regarding First MortiMage Leader. Orantor'. and the Unit owners hereby agree as follows.- (A) That in the event any right of fitst refusal in case of the sale of a Unit is adopted by the Unit.Owners and incorporated in this Master Deed or the Condominium Trust, such right of first refusal shall not impair the rights of a bona fide fivat mortgage lender tot foreclose 0> take title to a Unit 'pursuant. to iha.,,.... remedies provided in tihe mortgages or accept a deed (or assignment) in lieu of foreclosure'in' . the event of default by a mortgagor; or (iii) sell or lease a Unit acquired by the bona fide first mortgage lender through the procedures set forth in, Paragraph (1) and (ii) shoves (B) That any bona fide first mortgage lender who obtains title to a Unit by-foreclosure or pursuant to any other remedies provided in the mortgage or by law will not be liable for. such Unit's unpaid common charges or dues which accrued_ prior to the acquisition of title to such Unit by the Mortgagees " (C) That unless all of the bona fide first Mortgage lenders s holding mortgages on the individual Units at the Condominium have given their prior written approval, neither the unit Owners nor the Trustees of Condominium Trust shall be entitled tot .(i) by act or omission, seek to abandon or terminate the Condominium except in the event of substantial 'ds- strUction of the Condominium premises by fire or other casualty or In-the.case of a "taking by condemnation or eminent domain, by act or omission, seek to abandon, -partition, aubdi•- vide, encumber, sell, or transfer the Common Areas and ' i Facilities, PROVIDED, HOWEVER, that the granting of easements for public utilities or tor the other public purposes consistent with the intended use.1of the common ;. elements by the Condominium' and the exercise of other: actions with respeot to granting special rights of use or easements over common areas and facilities contem- plated herein or in the Condominium Trust, including the granting of exclusive rights and, easements of use with respect to parking spaces and storage bins, shall riot be deemed an action for which any prior approval of A mortgagee shall, be required under this subparagraphs 717. ; UK 1028 17 uses hazard insuranoe proceeds for lots ee .to any proper ay ,of the Condominium. (whether to Units or•to common elements) for other than the rephir, replacement, or reconstruction of such, property of the condominium, except as provided by statute in case of a taking of or' . , substantial loss to the Unita and/or dommoh Ole Ments of the Condominium) , (0) That the prior written approval of all holdora,of first . mortgagee must be obtained for the followings ' (i} the abandoAment •o£ the " condominium status of the Condominium excsapt for abandonment provided by statute in case of substantial loss to the Unit and Common r ' Elemental til 4iij a change ir., the Deneafioial xater$ste, except, as pxovid- ed in Section 5 and Section 11, herein. ? (M) That all taxes, aasaasments, and charges -which may baaome liens prior to a first Mortgage- under the laws of the < Commonwealth of Massachusetts shall relates only to the individual \` units and not the Condominium as a whole, '.(f')' That in no case shall any provision of the Heater Deed or the Condominium Trust give a Unit Owner or any other party priority ovdr any rights of a bona fide first mortgagee of the •Uit pursuant to its mortgage in the case of a distribution to alch Unit,owner of insurance proceeds or condemnation awards for losses to or a taking of such Unit and/or the common areas and '- k, fe}cilities of the Condominiums {16} Conflicts, it any provision of this Master Deed shall be invalid or j�hall, conflAct with Chapter 183A, as amended, of the Oaneral ,Laws of Massachusetts, or if any prevision of this Master Deed conflicts with any other provision thereof or with ady provision of the Condominium Trust, than the following rules oo construction shall be useds (A) In the event of a conflict between the Master Deed and said Chapter 183A, as amended, the provisions o£ Chapter 183A ! shall control) (H) 'The invalidity of any provision of the 'Master Dead ' shall not impair or affect the validity or enforceability of'the \ other provisions of this Madter Deed, and such remaiding pro- i visions of"this Master Deed shall continue in Full Force and effect as if such invalid provision had haver been included herein' (C) in the event of any Conflict between the preceding Paragraph 15 and any other provisions of this Master Deesd or the t Condominium Trust, the provi.aione of said Paragraph 15 shall control. (17) VAivar. No provision contained in this Master Deed shall be deemed to have been abrogated,or waived by reason of any failure to enforce the same, irrbapaotivs of the number of Violations or breachoa which may occur, (18) capons. The captions herein are inserted only as a ; matter of convenience and for .raferance, and in no way define, limit or describe the scope of this Master Doed nor the intent of- any provision hereof, ( )by sepaYatie diYection Assignment oir-_R ahte .of rgntor, Grantor, by deed or or collat.iral assignment, ahall be entitled 1 16. j , , .' •.• .. ,WwMM.yf....Y,k. ' .f+ ...\,.... yy.- �.,1\\ v,+ rr:W.h�a.,Y1M'../.�y,a+ BRI92 $ ; . to assign any and all, its rights and' reserved rights hereunder ux and under the Condominium" Trust, at any time and from, time to' > r" time, to any person, .trust, entity, or the Condominium Trust .as „ may be determined by Grantor. (20) Definitions. All terms and .expressions used"in this ; Master Deed ,w� o are defined in Massachusetts General Laws Chapter 183A shall have the same meanings here unless the context'4 otherwise requires, WITNESS our hands and seals this 1,5" day of. February,, , 1985. Walter C. Grove , rustee•�" i aforesaid ' RichardR" RMgg i.ero, ustee aforesaid COMMONWEALTH OF MASSAC. USETTS � Iv ,s$. 11ebruary 1S, 1985 ; Them,personally appeared before me the above-naihed Walter C. Grover and Richard R. Ruggiero and acknowledged the oxeoution of i the foregoing instrument to be their .free act. and deed, before Notary Public My commission'expiresl $(+ EMBIT A r. (legal description of premises) , The land with the buildings and impFovemente thereon located in Borth Andover, Essex County, Massachusetts shown as Lot 1 on a Plan entitled, "Plan of Land in North Andover, Mass., drawn. for The Newport Group, Elm Sq., Andover, Mass, 1" - 401, April, 1984, Merrimack 'Engineering Servioes," aid Plan recorded with 'Essex Nortli District Registry of Deeds Book lam, Page. -L _, and ' being bounded and described according to said Plan as follows: Commencing at the Northerly Darner, of said Lot 1 on Salem Turnpike (Route 114) as shown on said Plan at the intersection of land shown as Lot 2 on said Plan} thence running 3 450-49'-50" H, along Salem Turnpike two hundred twenty-one and 4B/100 (221,48) feet; thence running 8 340-28'-50" W by Hillside Road as shown on said Plan, four hundred five (405,00) foot; thence running y. N 720-36'»09" W by land shown As Lot 3 do said Play one �f hundred forty-six and 02/100 (146.02) feet; thence running • 3 N 430-51'"10" E again by said Lot 3 as, shown on said Plan, two hundred thirty (230.00) feet; thence running N 450-49'-50" W again by said. Lot 3 as shown on said Plan one hundred fifty-eight (15.8,00).feet; thence running N 440-10'-10" E by Lot 2 as shown on said Plan two hundred r thirty-£iva (235.00) feet, to the point of beginning. Said Lot 1.containing 1.8435 acres as shown on said Plan. The Grantor, for itself and its heirs, suaceesora and a6signs, as the owner of (i) the Premisas, ,and (ii.) the Addition al Land, does hekeby create and grant, for the }Gana€it' of' the Premises and the Additional .Land, the following reciprocal rights ' and easements, wh1oh shall benefit and enoumber the Premises and r the Additional Land, each to the other, as may bo required from time to time o . K'� hI.T�'b.�'...'1-S. YwTA!,'�M+ I 4A}�n114M'.��ny-r+'�.-e 4..w.tw14+rnN.hn.N"M1uwsna.�wN•f.w9YarnY.Mui..i r................. -. r ur {a� r e my rnd al}, r vMway■ �n A right *nd eMremant to k parking arena which service or ,may bcreated to Service the premises and/or the Additional Land to allow access and 'egress .from the Premises and the Addit40na1 Land to Routs 114, and .> Hillside Road; Premises en hehAddition 1 Land forethe useeof# sand to tiehinto, any and all sewer, water, and utility .lines located or to be located on the Premises and the Additional Land either as shown on the "As-wilt Site Plan, . Chestnut t3zeen Condominiums, $78 J• Turnpike 'Street, No. Andover, maesachusetts 1" m0l, I'eb.: 1985" ; which plan is recorded with this Master peed, or as key ba created in the £.uture to service the Promisee or the Additional Land.. such right and easement for the purpose of servicing any and'all buildings, whether now existing or hereinafter built, on ''the Premises or the Additional Land. .+. {a) A right and a&cement over, under and through the, ' l+xemisea and the Additional Land for the purpose of establishing, using, and tieing into any and all sewer .lines, water lines and utilities. for 'the 'purpose of earvicinq any and all buildings, whether now existing or hereinafter built,.on the Premises or the Additional Land. ' {d1 each of the owners of the Premises and. the Additional Land shall 'have the right and privilege to enter upon the land of the other for the purpose of construction, maintenance, repair, removal, replacement, and inspection of sari easements. t; (a) The easements ,granted herein shall be specifically subject, to the limitation that the location of any of said sewer lines, water lines, or utilities and the' oonstruction, mainteR. :nance, repair, .removal, replacement and inspection thereof shall not,, interfere with the usage of the Premises and/or Additional Land foe-its intended purposes, and provided that in every event, --the.,Premises .and the Additional Land shall be restPred to its agndition prior to such activity at the sole expanse of the acting party, (f) The' owner(s) of the Additional Land sbal•1 have the right to relocate any of the easement areas which may be located on theAdditional Land so long as said relocation does not unreasonably obstruct the access of the Premises to Hillside Road, or impair the then existing sewer and utility lines servic- ing the Premises. (g) The cost 'of construction, maintenance, repair, and upkeap of the, various sewer, water and utility easements, and the driveways and parking areas, shall (i) in the rase of initial construction, of or tie in to sewer, water, or utility lines .; necessary to service the Premises or the Additional Land, be ;�„• ; borne by the party receiving the; benefit of said construction or connection, and (ii) in ,the case of routine and/or mutually beneficial activity be shared on a pro rata basis by and amonq the owners of the Premisea and the Additional Land. The Premises are subject to and With the benefit of the followings, (a) The provisions of the M.C.L. Chapter 183A, the within Master Dead, the Condominium Trust, and the rules and regulations promulgated thereunder. (b) , Provisions of existing building and zoning lftWsj -19- .,M;w«+:}�.,, �l ..Vrt...,w:..,,,.,w� -an,rn,s.. .,,. n , ..�... ,a.,. .,./.. , .. ,.... .. r ' ,i ...., `.+.4'-n .r.,.�...��.. .• • (c) Such taxes for the then current year as are not due and323 5 • payable) Y (d) Any 11ens for municipal betterments (e) All rights, casements and enoumbrsnaes referred to in the Master fiend, Condominium Trust, and,the rules and regulations promulgated thereunder; : (f) All easements, covenants, and restrictions of record, including, )tut not limited to eaaement for parking and restrictions contained in deed of f'ellowahip Baptist . Church to grantor, dated July 27, 1904 and dulyy re- f corded with the Essex North District Rdgiotry of Doedes 1; EXHIBIT A-1/A-2 (description of property for Phase It and phase III) The land with buildings and improvements thereon located in North Andover, 91joex County, Massachusetts shown Ai Lot 2 on a Plan entitled, "Plan of Land in North Andover, ,Mass.u drawn for , The Newport Group, Elm Sq., ' Andover, Mass., 1" = 401, April, 1984, Merrimack Engineering- Services,"p�sa d n rded with Essex North District Registry of D8e46 "F , and being bounded' and described according to said Plan as fol- lowa a Commencing at the Northerly oorner of said Lot 2 on Salem Turnpike (Route 114) as shown on said Plan at the intersection of land N/F Fellowship Bible Church) thence running i S 45 -W-50" E along Salem 'Turnpike two hundred fifteeh and 52/100 (215.52) feet) thence running E. S 440-10f-10" W by Lot 1 an shown on said Plan, trio hundred thirty-five (235.00) feats thence running ' N 450-49'-50" W by Lot 3 as shown on said Plan, ninety-four , (94.00) Coati thence running S 430-511-:10" W again by Lot 3 is shown on. said Plan, one hundred (100.00) foots thence running j S 0811-46'-5011 W again by said Lot 3 me shown on said Plan one hundred ninety-nine and 94/100 (199.94) feeti thence running N 230-21'-5411 W by Parcel B as shown on said Plan two hundred fifty five (255.00) feet) thence gunning ' N 430-51'-101' E,by land shown as N/F irellowship Bible' Church on said Plan, four hundred and 56/100 (400,56) feet, to the point t' of beginning. said Lot 2 containing 1,8370 acres as shown on paid Plan. The land with buildings and improvements thereon located in North Andover, Vanes( County, Massachusetts shown as Lot 3 on a Plan entitled, "Plan of Land In-North Andover, Mass., drawn for The Newport Group, Elm Sep., Andover, Motes., 1" d 40', April, ; 1984, Merrimack Engineering Services," said Plan recorded with Essex North Distrio+ Registry of DoedaA Book -I&S_i Page & ,, and being bounded and described according to said Plan as fol- lower 06. q>-38 ., 4, .!. .r• , _T,`. .-... . .,.. .gyp.. 7and : 324 Commencin g at the most Southerly corner of said Lot%Il,eide Road', as shown on said,Plan at the interapotion ofshown as Parcel 8; thence running N 470-26'-20" E along Hillside Road orae hundred'fortyind 52/100 (148;62) feet; thence runningN W-28r-50" £ sCi1l along Hilieida Road sixty-tw79/100 (62 M) feet, thence running N 72°-36'-09" W along Lot 1 a9 shown on said Plan, one hundred-forty-six and 02/100 (146.02) feet; thence running N 43' -S1'-10" E again by Lot 1 as shown on s;4id Plan, two b=dred.thirty (230.00) feet; thence running ; " N.456-49'-50" W by Lots 1 and 2 as shown on said Plan, two- hundred fifty-two (252-00) feet; thence running .S 43'-S1'-10" W by Lot 2 as shown on said Plan, one hundred (100.00) feet; thence running 5 080-461-60" W again by Lot 2 as shown on said plan, one hundred ninety-nine and 94/1.00 (1139.94) feet; thence running 8 236-210-54" E by 'x'arGel 8 as shown on said Plan, two hundred ninety-one and 52/100 (291,52) feet, to the point of beginning. paid Lot 3 containing 1.8718 acres, as shown on said Plan. EXHXBTT B Phase I of the Condominium is comprised of one (1) two (2) story building of wood construction with brick and wood exterior. The building contains a total of fifteen (15) uriito. EXHIBIT C AREA PERCENTAGE ACCESSIBLE •!LOOR UNIT NO. (SO. PT, „INTEARS�' CO ON AREAS I 1 10 1331 7.66 Corridor 1 1t 2144 12,35 Corridor 1 ,12 91.1 5.24 Corridor 1 14 '511 2.94 Corridor 1 1 989 5.71 Corridor „ 1 16 135S 7.82 Corridor 1; 17 1299 7.46 Corridor 2' 21 1296 7.46 Corridor 2. 22 1339 7.71 - Corridor 2 23 743 4.28 Corridor 2 24 870 5.00 Corridor 2 26 764 4.40 Corridor r 2 •26 1043 6.00 Corridor , 2 27 1616 9.30 Corridor 2 28 1160 6.68 corridor' EXHIBIT b t PLANS .; (Filed Ha ewith) r 1 • EXHIBIT££ The following in a formula for the oaloulitioh of the 2araentage interest of -the Common Areas and Facilities for any } 'unit based upon -the square footage of the Unit and., the.square ,. footage then compriuing the Condominiums A = Total Square Footage of Units in condominium (excluding Common Areas and Facilities) through current phase B=Square Pcotage.of Unit : X c Percentage Tntereat'of Unit B x 100% X%. The Unite in Phase '1 would have the following,Peroentave Interest if the, entire proJOct Was Completed based upon the maximW4allowable square footage. Unit Percentage Interest. 10 1.66 11 2.68 12 1.14 1,4 0,64 15 1.23 16 7.69 17 1.62 21 1.62 22 1.67 �• 23 0.93 24 1.09 xg 0.96 t 26 1.30 27 202 28 1:43 COND'08.03 Rddorded Fob*15#1985 ai ll5bI'142826 ' S ��RSVMIawa.uuw+M1wN1G9MMY/MN�.1�1.nMr.niZv.vrrhRbvNkM4rxKM,vawv.M•rtw...rk'..Y..e.wnwxttrw.rurnrymb:•[+Nltinnww. W.c+hMn..n•:'.., •Y• '