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HomeMy WebLinkAbout1979-09-26 Legal Documents DEF SUB 2, 3, 4, 5, 6, The. North Andover Planning Board hereby releases Lots 1: elusive from ' 7� 8, 9, 10, 11, 13, 14, 15, 16, 17, 18, 19, 20, 2.1 and Lot N in � coons shown on a definitive plan entitled, "Definitive Plan of Land all restrictions 1979, of: INGALLS CROSSING I1., :North Andover; Massaehusetta"•, dated July 16, & Associates, revised Oct. 30, 1979 .anal Nov. $, 1979, by Frank C. Gelinas Deeds as Engineersand Architects, and recorded in North Essex Registry of De Plan No., 8019, and as further outlined in the "Subdivision Control Agreement Securing the Construction of Ways and Municipal Services" recorded herewith, Sai ' lots are hereby released from the restrictions ,as. to sale and building specified thereon. NORTR ANDOVER PLANNING BOARD Signed: , Jul 28 198© ' ' William Chepurlis, C airman COMMONWEALTH OF MA.S'SACHUSETTS July 28, 1980 ESSEX, ss. Then personally appeared the above named William Chepulis, Chairman, the foregoing instrument to be the free act and deed of the and acknowledged NORTR ANDOVER PLANNING BOARD� 'Before men is i Notary Public My Commission Expires: �- � A .' �-� ,tr',+i:'� :-i�.: �`If�`a. 'n ti l;,a.4 3 hlrsu�j"!'.?v!�sr''S.-..t.f .\ti•'� r rill:;. ' .:'�.,. ,. �_,'.1 , ' � ,�`� •;i11 :, �-''ssi,� ,I,..ar ,�'��,,�..�'� , }1-C1i11.'t;W ti.l g�: a V. Scott i'o13,anslrs;e i Trust d t-qd November William Koji st ant inako s oft North Andover under Q Dec�.arFa�:i c�i1 o- ' of Deeds' ,� BQQk Realty Trust Worded in the Northern Essex, ` Re ,istry '19?? and �'2cord ge pa 41 O Couttty$ MamehVtett6 '. . 49 North Main Street; AndoVert 'EsDo R SAV cs BANK a corporatiai� duly of ;3 apt to th e AN VG IN or consideratiatt part ?' rrdover, in tl�o County ;. C� aj.being Prtmarried,•f _ r E the Commonwealth of M assach setts attd locale cure he payment of ..: Y estaUlislted.�y the Laws ❑ to se ::. . end Dollars of Essex,.In said Comrttanwexltlt; wEtlt MORTGAGE COyNANT t o Thirty JFive C4335,000.04) Three Hundred with interest payable �s .provided in a Hate of even dater' hus to One (' years Couny, Massac dover , t�sex ' '15, The land with tl,e lauildi�lgs Llterean situated 1 ?NSrth�' acre, treat and' .22 � Lots 1.$ 2 s �� Lot J Sit . . ��,<, s . d being ,how�0. as. o show Lane,' an,d".Xo nB . cad an gip! '�1 N. px assachusett . ' 6'L`= . ubd v ,s�-on,.''Ndrt Andover, off: 'Land of rr' . ` :af Y; t ros�abow •`PMO. ti led .j'pefi'nitive ;,'; yp►,, 2}ated ho `on a plat? •afanicl . .. ' �ae�chusets" scale �, e ' th An ye ., ' . >34.: ;' ociate , CFtOSIN£ lI '.Nr• asReC k (��':Gel. xia .' 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That in case 0 costs, charges, and expenses allowed under the S1 y Powe .4� -1 purchase money in add I mortgage sh4II be e to addition to the PdtlO foreclose have been holder of this mo begun, the ho f and in Case proceedings to Collect all Costs, Charges, and expenses tip to time of payment; V *609age�, financial rtgagee, will deliver W tile 7 Or,,on demand ofthe mo 15. The mortgagor,, concern the mortgaged property; • .crating statements as . . I . . q . , .CONDITION or o f • any,of the aforesaid pi)�er. aforesaid STATUTORY COND IF-or any breach of the afo' LE, and that iii case of �ny STATUTORY pOWER OF SA conditions the mortgagee shAll have the a ',,gee as attorney, irrevocable of the undersigned or succ 0 in P.,..:Q I) under the foregoing power, the mortgagee art of tile mnacisi ned f 6T sale, und ini on tile may transfer to the purchaser or purchaseis. without clare insurance policies then held, or cancel tile said insurance and retain the re id -of th! aforesj c security for the p� tion tlierefor, the insu mortgage is sectir ay�rncnt, also agreed that this morl cc 116rtfl�6f miums therefor. It is mortgagor hereof t6i,,thc direct and contingent liabilities of the tion and all.other di sting or hereaft.er c6ritracted. F. r now existing 0 ,,.due--or to become due, Wilctile q�.vqd It ber-OW d shall contained, 'tile tiote secured by this mortgage anything herein'cont conveyf Notwithstanding �on the sil�o tran tn Ce, Ing encu option of the mortgagee, 61 -any b h & orl, $Ca or;ail -p heireaf, btl' in one...r k,I j payable ji4 i611 forthWith at 016 tfi� lac in lcase-)�6t`the m �6 y agd&'-'P.M�J l0i't or"a4 Ature .-915W. the tj la.�loj je 'M '4 4'n .he4 rE Or "RY shall gag M. %.". , , '�sO`liere In thqy Or ka wor - . -1..' :1 ji. a OR", t te O'� Igns, the 'li" ItAA -agreed n es and assi ji�nieral`hbirs, execuPb 1 4" ces, lis?. 4s 11rn ad'vilristril . . I jea o r�" arl U 611 A.-.. r-O . , t ft Area, r Ont tho wo ort neut q, if" tile 'context 1. . . nine. .;- " er.- q -.-I� T -,, -I . :N -.6...I`a Elie mail". 'be pnd o as pldfa., 0 P, 4;1 -0 it 4....... hy 25th: r0. 4 M # n. . ................... :eo Trull; in akO 6 17' ....... .... -�4 7 4jr W- cot N Ili-kill. 1-1, qk, .............. 3 -A, 'L t rTS k,;kMIt' N F E.OPAIMO El Alm T T14 4 1 �30 • 19 :3A -7 i jkugust 25, y d "Andover Wiiiiam KonstantinalCOS and dl'�� above PaMP Read' ty 'TruSt •of 'North a y appeared 11'' erson AndreW oirple Trustees e s':?P �'�f�ojlansbeO, r4 -)Free �ct me, cn to 1b he i�c sand e ........... :-i, jig?" 0,ii ary, P014ic . ..... . ....... d .4 'June 25, 982 y Commission expires:. 3; M W4 .0. 0 lie or 9 or tor UC C ex con 1 SUBDIVISION CONTROL AGREEMENT SECURING THE CONSTRUCTION OF WARS AND MUNICIPAL SERVICES This Agreement is made this twenty-eighth day of July, 1980, by and between V. Scott Follansbee and Gilliam Konstantinakos, Trustees of ANDREW CIRCLE REALTY TRUST OF NORTH ANDOVER, hereinafter referred to as the Applicant Andover Savings Bank, hereinafter referred to as the "Lender", and the Town. of North Andover, ,acting ,through its Planning Board, hereinafter referred I to as the "Board", viz: j WHEREAS, pursuant to the provisions of the Massachusetts Subdivision 1 Control ,Law and the Board's Rules and Regulations adopted thereunder, the Ian entitled, "Definitive Plan of Land of : Board has approved a definitive p INGALLS CROSSING II, North Andover, Massachusetts", dated July 16, 1979 , Revised Oct. '30, 1979, and Nov. 8, 1979 by Frank C. Gelinas & Associates, Engineers and Architects, and recorded with North Essex Registry of Deeds as Plan No. 8'9�; �,, ,_ r, a' t:*E. i'_t•,r l The Applicant and the Board have agreed upon conditions ofapproval, ibed'on, said Plan No. 8019, recorded in said which conditions have been inscr Registry of Deeds, which conditions are as follows: 1 1., That the record owners of the subject 'land forthwith execute and record a "'Covenant Running With the Land" or otherwise provide security for the construction of ways and the in5,tallation 'of Municipal Services within said subdivision, all as provided by General Lags, Chapter 41, S. 81-U. 2. That all such construction and installations shall in all respects conform to governing rulesand regulations of this Board. 3. That as required by the North Andover Board of Health in its rep, -t to this 'Board, individual septic: sy.stem..permits mils.t.,be' ahtained;from tie Board of"Health prior to the issuance of a building permit under the rules and regulations of Title 'IV" of the State Sanitary Code. 4, That no work shall be done in the subdivision until security in the form of a bond or covenant has been duly recorded and the plans are are signed and recorded. S. That any changes made to the Definitive Plan by other townn agencies or officials shall 'be ,submitted to the Planning Board by the Applicant. 6, Cape Cod Berm to be installed where required, o be determined in th.e field. - Where Cape Cod Berm is required, an additional-two feet shall be provided in the width of the Street to accomodate;,the Berm base 7. Driveway entrances shall comply with Article III, S-- . II of the- North Andover Town By-Law end the road design. v i -2^. 8. Any work performed on the streets abutting said subdivision shall j require' a'street-`opening`"pemit` an'd 'a 'sfireet: opening bond. 9 That a114 �rate'r impravements excluding the placement of hydrants shallj be in' accor' dance'with the recommendations of the Bbard of Public Works ' a ')'Y"lett'er claed September 24 , 1979 " 10.`"` That' a�Notice of intent 'shall'-be.- submitted�by 'the"Applicant, to "J`- 1 f"Yttie Cons'ervatibn' Coinini:ssiori` pursuant' to MtG.L. Ch* >131; s'.40. 11. That a Certificate of. Compliance pursuant to M.G.L. Ch. 131, s. 40 from the Conservation 'Commission'` shall be required 'of`. the applicant prio "to' the final release of any bond or covenant ny of the roads' in said subdivision, 12. That, prior to paving a certification of the inverts of all inflow and outflow headwalls a .. shall 1j ''required=oi'� tkie Applicant, `tci' be 'submitted to the planning BOard.�' r .w,,3.!1yy 13. Canstriiction 'shall `ca'mmence within two years from this date {Sept. 24; I979)`'and- doinpT'etiozi shaltl-',b'e 'within three :years of said .S4 COmlllenCelTlent.-.0d Ep-) 14'." 'A11 drainage' within' the entire- subdivision shall: be incorporated int , twenty foot drainage easements, said edsements shall be deeded to the Town, of North. Andover. Any approved-', drainage from lots' shall be required over all drainpipes. 15. Any approved drainage from lots shall." be tied down into the Y streets' drainage `syste'm; no open drain -pipes shall be :allowed to dram into`road' layout ar'ea.� • �,is,. i r i. 'I 16.:' The'"existinig burn-'aroiirid- on' Laconia Way shall be dowered as th?(''determined'in'tlie Ileldi.,Y WHEREAS; the',Applicant has' granited' to 'the Lender'•a Mortgage dated Al4j� if S' , 1980 -recorded in said Deeds as Document No. V f7 ........, covering Lots numbered 1,' 2,- 3, 4, 5; 6, ' 7, 8, 9, 10, 11, 13, 14, 15, E 16, 17, 18, ' 19, 20, 21, and Lot N, as shown on said plan as security for the i payment of a certain note in the princi.pal_' sum of '2-hree"111(ind"r`ed Thirty-Five Thousand _�.$�35r000�.OQ1}_='�o3�la�'s•;:�•..;�::�:-_�i •r-'•. ,;� :c.'s. . � , °`' �� r-;7 . _ -. ,. '.',. 1MEREAS­;1,:1tho:'Le`zidO_-r- hd� ,Ifttlihelcfi'Tt1ie`'sfim ao£ lie`HtrndYed NifJety seven i TB6(isgfid,•($I97,"000:OO}-',1)611aYs of 'said 'p 'ineipal'•sum to ='fie 'dis�ursed to the Applicant 'ae end '�ihen municipal g6ev-ide"s', sAh' 11( have been installed and drays constructed opposite said lots pursuant to said plan and pursuant. to the above-d'escribed conditions which are noted thereon; i E f s` -S2 ' NOW, THEREFORE, it "is understood and:agreed that _the 'Lender.'shall retain the sum of $197,000.00 deemed. by the!"-Boar'd 'to be sufficient, releasing ; only such funds froih time to time as:are „approved by 'a. of the Board, as the �nuicipal services and ways shall be deemed t'o !li"ave''been completed or partially completed in accordance with its .applicable rules .and regulations, such funds to be released according to -the,_•fallowzi ',, schedule::..,, ..`;''.:'''' ,' WORK UNDER THE JURISDICTION OF-THE BOARD OF PUBLIC WORKS $47,000.00 - WORK' UNDER THE JURISDICTION OF THE'HIGHWAY SURVEYOR '$150,000.00 TOTAL AMQUNT,:, $197,000.00 It is understood that funds for the above services and ways are to be-advanced by.:'tlie.Andover,,Savings„„"Bank, only{ ti�ough writtenr autho:ri.zation of the North Andover Planning Board -is -further:.,understood, and agreed that a11:`of;,,�he.; above se�vices and ways shall.,be completed no. later than September .24*, 1982 unless the.,date be extended by_*written .amendment by mutual agreement of the parties thereto'. " In the event the work is not completed within the time set forth or as 'extended, said funds' as retained by the lender shall:'be made available to the Board for completion of the work, and the Applicant shall be deemed to have authorized the release of said funds for said" purpose,. and to Have relin- quished all, claim to that part• of or all of said f.unds as shall be necessary for the Board"'to complete`'.the''work." :� , ` ,t';;:) (E„`St�.I,:i, • The,.obligations of the parties hereiinder' are to be construed consistent with-tlte` subdivisions 'control; 1aw,k 4tnd'`ho-, rights granted thereunder: are waived•..'. . ; ;, ":'Thi's'Agreement„ shall' inure to the benefit of and shall be binding upon the parties hereto and their respective successors and assigns, Executed as a sealed instrument on the date first above written. TOWN OF NORTH ANDOM, ff -Acting through its -PLANNING BOARD �, . . ... BY: , ,William Chepulis, Ch irman.