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HomeMy WebLinkAbout1989-11-21 Legal Documents FORM F COVENANT JANUARY 19 , � 199 MA KNOW ALL MEN by these presents that the undersigned has submitted are app l i oa t s.o dated -2 -� 9 � t o t ► � FORTH AND OVER Planning Board for approval of :RESIDENTIAL D T L r I N P D of land entitled* BOSTON BROOK ESTATES plan '. G I SS INC6=FDR MIANO REALTY TRUST � dated y MARCH 1988 owned by: MIA MIANO REALTY TRUST address: 95 MAIN ST. , NORTH ANDOVER, MA � land -located: 'Ak T ID E. DRIVE & SALEM STREET, NORTH 'ANDOVER, xA and showing ONE proposed lots. The undersigned has requested the Planning Board to approve such plan without requiring a performance bond, IN CONSIDERATION of said Planning Board of NORTH ANDOVER in the county of ES SEX approving said plan without requiring a performance bond the undersigned hereby covenants PO and agrees with the inhabitants of the town as follows: 0 . That the. undersigned is the owner in fee simple absolute of all the land included n the PRD. 'r - and Ix that there are no mortgages of record or otherwise o 0 any of the land, except for hose described below, and that the present holders f said or t g es have assented Pq to this contract pr3ior to its exe,cution by the � undersigned. *1 f there is more than one owner, all must sign . "Applicant" may be an owner or his agent or n representative, or his assigns , but the owner of ZH 04 record must sign the covenant. 2. That the undersigned will not sell or convey any UNIYin the .: D or erect or puce any permanent h *lding on an lot until the construction of ways and installation of PRIVATE services necessary to �dequately serve such GRITS has been completed in accordance with the covenants, conditions , agreements, terms and provisions as specified in the following a. The Application for Approval of PRD SPECIAL RM I b. The Subdivision control Law and the Planning Board ' s Rules and Regulations governing this RD 4 o. The Certificate f Approval and the conditions of approval specified therein, issued by the Planning Board, dated 1-21-8 9 Page d The " Plan as approved and a qualified by Certificate of Approval. . e. other document(s ) specifying construction to be completed, name ; ALA,, DOCUMENTSREFERS DECISION ABOVE-CITED . However* a mortgagee who acquires title to the mortgaged premises by foreclosure or otherwise and any succeeding owner of the mortgaged premises or part thereof may sell or convey any NI-T s urb ect only to that portion of this covenant which prov des that no UNITbe sold or conveyed or shall be built upon until ways and services have been provided to serve such UNIT* That this covenant shall be binding upon the executors , ad istrators , devisees , heirs, successors and assigns of the undersigned and shall constitute a covenant running with the lard included in the PRD .w and shall operate as restrictions upon the land. 49 That particular UNIT within the s bdivilsion shall be released from the foregoing conditions upon the -record ng of a certificate of performance executed by a m or i ty of the Planning Board and enumerating the specific UNIT' to be 'released, That nothing herein shall be deemed to prohibit a conveyance by a single deed subject to' this covenant , of either the entire parcel of land shown on the subdivision plan or of all UNIT not previously released by the Planning Board. . That the undersigned agrees to record this covenant with the NORTH ESSEX county Registry of Deeds, forthwith, r to pay the necessary recording fees to the said Planning Board in the event the Planning Board shall record this agreement forthwith. Reference to this covenant shall be entered upon the PRD Plan as approved. 7. A deed or any part of the -PRO in violation o the covenant shall be voidable by the grantee prior to the release of the covenant; but not later than three (3) years from the date of such deed, as provided i Section -Uo Chapter 41# *G*La . That this covenant shall be executed before endorsement of approval of the -.x_-,,P-R plan by the Planning Board and shall take effect upon the endorsement of approval. . Said covenant sball expire two years from the ' date o endorsement of the PRD Page 2 of g. Upon final completion of the construction of ways and installation of - R V TE services aS spec,f i ed herein, Y on or before JANUARY 11 1992 , the Planning Board ' shall release this covenant by an appropriate instrument,, duly acknowledged , Fa i l ur a to complete . construction and installation within the time specified t r herein or such later date as may be specified by vote o the Planning Board with a written concurrence of the applicant , shall result in automatic rescission of the i approval of - the plan. Upon performance of this covenant with respect to any UNIT the Planning Board may release such UNI-T.from this covenant by are appropriate instrument duly recorded 1 . Nothing herein shall prohibit the applicant from varying the method of securing the construction of ways and installation of � . � -:= services from time to time o from securing by one, or in part by one and in art b p y another of the methods described in *G. . r Chapter 41 , Section l- , as long as such security is sufficient in the opinion of the Planning Board to secure performance of the construction and installation. ` JEAN F, SMITH, ET AL, AND For title to the property, see deed from GEO' RGE H. FA RR & WANDA Ho FARR dated J.ANUARY19 1990 recorded in NORTH ESSEX Registry o eeds# .-�kr HEREWITH Reg t r y-a s-Peet- 4 The present holder of a mortgage upon the property 1.5 N.A. o [i'w■ , i he mortgage is dated and recorded } in Reg i-s try o Deeds t Book Page or registered in Lard Registry as Document No. , and noted on certificate of title No. # in Reg .strati n Book 0 Page The mortgagee agrees to hold the mortgage subject to the covenants set forth above and agrees that the covenants shall have the same status, force and effect as though executed and . recorded before the taking of the mortgage and further agrees that the mortgage shall b subordinate to the above covenant. N,A. I . spouse of the undersigned applicant hereby agrees that such interest as 1 , we may have in the premises shall be subject to the provisions of this covenant and insofar as is necessary releases all rights of tenancy by the dower or homestead and .other interests therein. Pate N WITNESS WHEREORF we have hereunto set our hands and seals th1819th of JANUARY9 MIANO REALTYUS Acceptance by a Majority of the Planning Board o tage' 4 of Iy 5 1 5 f PERMIT RESTRICTION �R ++ w� wf .Y...r ter +IIh..i sF i ■�+.0 1�of�1 wRr .'..arr �f w rrti. 1 rur,..rt i�F a.,wl'r AIr..s r.w awr;rl a'1�r wr�F rr ��i i�� iYs irF i�1��!�i 1�Mrs�F �f�1•IIIYF�F�R��f M� IYi�1�F��dW}��F�11+N1* R Now comes the undersi ned r MIA NO R A TY TRUSTt b and through their t rust ees, G ORGE MYERS and PHILIP RA USAF hereinafter referred to as . the DEVELOPER, together with the BUSBY CONSTRUCTION cog y by PHILIP B SB r hereinafter referred to as the INSTALLER, and do hereby acknowledge and agree that this restriction shall be appended to and made a part of the ; septic permit kissued to BOSTON BROOK ESTATES CONDOMINIUMS, so-cal led, an eighteen I unit planned residential development presently pending before the North Andover Planning Board. 1 1. This restriction shall be made a part of and appended to the septic permit iBsued to Boston Brook Estate Condominiums. 2 . The permit shall be restricted and issued only,,: o the Busby Construction Co* , unless the tors and prov i s to of this restriction are acknowledged by any other installer in the same manner that they are presently acknowledged by the Busby Construction Co. Developer and Installer hereby acnowlege and assent that all serer connections will be pressure tested after installation pursuant to the terms of a letter issued from the North Andover Board of Health dated July 2 , 1989 being Item #6 therein. The Installer acknowledges that the Board of Health has concerns that the trenching' system creates a practical problem in that the soil left between the trenches, which is designed as the reserve system, may collapse during installation procedures, most' especially with the large boulders and ledge out cropping conditions found upon the premises. In order to safeguard and insure that the preserve spaces will be left between the trenches and not destroyed - in the installation procedures, the Installer shall employ the following installation proceduresso At The Installer shall file with the Board of Health the dates upon which installation work will be conducted t least twety#four 2 hours prior to such work. LAW OFFICES OF Bo The Installer shall proceed with one trench at a time ALPH A. JOYCE 96 MAIN STREET digging the same to the bottom elevation and using a NORTH ANDOVER,MA 01W trench box or shoring box to establish the sidewalls (we)6&5-4m .6 FAX.(5W)6 5-3148 I' z, of the t r*nch. In the event that a oversized rock or t other ledge is encountered, the same will he removed and existing material refilled to the bottom elevation of the trench and outside of the trench box, Base, stone and pipe shall be installed as the trenching box is advanced down the line C. Upon completion of any trench, the Installer shall call for inspection prior to commencing the next trench. . Upon inspection, cover material and fill to finish grade shall he installed prior to commencing the next trench. B. The next trench shall commence in a manner as above set out. . The Develop4r acknowledges that garbage disposal grinders are a substantial detriment to the life of the septic systems and will append to the condominium documentation and each unit deed, the restrictions heretofore submitted to the Planning Board appended hereto and made a condition and part of the issuance of this permit, all as further defined by the letter of Attorney Ralph R. Joyce dated January 2 , 1989. o This permit may be rescinded for breach of any of the conditions above set out. o Any Installer, other than the Installer herein specified, . shall acknowledge and enter into this restriction agreement in the event that the permit is transferred. Signed this day of 198 . IANO REALTY TRUSS' BY: _ - PHILIP RGS , TRUSTEE BY: GEORGE MYERS, TRUSTEE BUSBY CONSTRUCTION COO LAW OFFICES of 96 MAIN STREET NORTH ANDOVER,MA O1W VMS)66&45M FAX:OM M6� 14a 5 f j MIANO REALTYTRUST,, under declaration of trust dated o /1 /87? recorded - in - the North Essex Registry of Deed Book 2473, Page 57, PHILIP W. RAGUSAF TRUSTEE and DIANE D.. A USA, TRUSTEE, for consideration - aidr - grants to the Town of North Andover, a massachsuets municipal corporation situated in Essex County, a Restriction pursuant to the provisions of Section 8.5 of the North Andover Zoning By-Lawn as hereinafter specified, on the land hereinafter describedp and to that ends to the grantors for itself and its successors and assigns, hereby specifies, providesy covenants with the grantee, and grants as follows: 1. The Restriction hereby granted shall be perpetual, and the right to enforce the same shall be managed and controlled by the Planning Board of the Town of North Andover. 2. The land affected by said Restriction constitutes those portions of the land of the grantor in said North Andover which are designated as Usable Open Space and delineated as such on the plan annexed hereto as Exhibit A, which land was convened to the grantor by deed dated from George H. and Wanda H. Farr and a second deed dated from Robert and Jean Smiths both deeds recorded herewith. Said Exhibit A being Sheet 16 entitled "Open Space Plan 11 on a plan of land entitled "Planned Residential Development for Boston Brook Esates, North Andoverr MA" dated March 1988, R.F. Geisser & Assoc. Consulting Engineers, East Providence, R. I . { . 3. The rights hereby granted constitute the perpetual right to enforce the Restrict .on, a d the grantor hereby covenants for itself and its successors and assigns as aforesaid, to stand seed and hold title to said premises subject to the restrictions that said premises shall be retained as Usable open Space as defined in said Section . and as provided ire the following paragraph 4 hereof, and the grantorr and its successors and assigns, shall neither perform nor permit others to perform any of the following activities on said .and: (i) Construction or placing of any building or other structures on or above ground except as are currently permitted in Usuable open space pursuant to said Section 8.5 (6) (F) ; (ii) Dumping or placing of trash? waste. or unsightly or offensive materials; iii Use of said land except for Usable oven space purposes as defined in said Section 8.5 ` and { X except for such roads? drainage facilites, and site work as may be permitted by the Site Plan for Boston Brook Estates as hereinafter defined) approved by said Planning Board. . The land affected by this Restriction is a portion of a tract of land containing 26. 117 acres being Lot 4 on a plan of land entitled "Mianc Realty 'gusty Boston Brook E tatesp North ndo err A" dated April 1989, F.G. Geisser & Assoc, recorded in the North Essex Registry - of Deeds herewith as Plan which is to be developed as Boston Brook Estates, an eighteen unit condominium pursuant to a Planned Residential Special Permit issued. The grantor shall haep and hereby reserves unto itself and its successors and assi nsp the rights and easements a t develop and construct said Boston Brook Estates project on the portions of said land which are not hereby so restricted, pursuant to and in accordance with applicable law and permits issued and to be issued therefore (b f o r purposes of such development and constructions to use and have access to such hereby restricted portions of said lands as are necessary thereto, c for purposes of such development and constructions to install, construct, maintain, repays, replace, and use such underground utility l nesp and drainage facilitates, site work? and such fire lanes or emergency access waysr through such hereby restricted portions of said land as are necessary thereto r d for puposes of such development and coast ruct i n p to grade and alter the grade of, and to landscaper plant and replant, such hereby restricted portions of said land as are necessary thereto a for the benefit of all residents of said Boston Brook Estates prof ect p to use and to maintain said restricted premises in suitable condition for use as Usable open Space as herenbefore defined. . By hereby establishing said Restriction the grantor does not hereby grant either to said Town or to the public any right to eater said premises or any portion thereof, except that the grantor hereby grants to said Town are easement of access, at reasonable times and after prior notice to the grantor or its successors or ass .gnsp by said own' s Planning Board for the purposes of inspecting the premises in order t ensure compliance with the fullfillment of the foregoing restrictions. Exceptp however, that the Town shall have access as defined in Easements recorded herewith over the private roadway developed on said Lot 4 and over Easement areas further defined in the Easement for the purposes of access to the state forestry lands owned by the Commonwealth of l as ach uetts t all s further defined in said easement. . The land hereb restricted shall be and constitute Usable open Space pro s ed by the grantor for all purposes of the Forth Andover Zoning By*-Law. j A " . This Restriction is to be administered by said North Andover Planning Board and may be modified or amended by said Planning Board and the grantor and its successors and assigns, No Massachusetts deed excise stamps are affixed here op a none being required by law, WITNESS SS the execution hereof under seal this day o 19890 MIANO REALTY TRUST By.: PHILIP W. RAGUSAF TRUSTEE B : DIANE L. RAGUSAj TRUSTEE l t i 41. C Dimensional -Regulations:'. Bindle. F. ..Detached, Planned Residential Development. . Lot size . • : , Indi r .dua lot 'sues sh .l o <<{ less. than. one half-acre ire ,.both _the ' Residence I and Residence. 2 D i s t r V o,, Lot. Frontage the Res d e oe ' l District. oo 1n the Residen'ce 2 D strip - - 'Side Yard Setback:. 30 in the Residence 1, Distvict t20,1 in the Residence 2 District 4 r Rear Yard Setback: 301 in the Residence District o ' In Cher Residence 2 District Front Yard Setback: 30 ,gin the Residence 1 DI t r.C t . . 30 in the Residence 2 District - Height Limitation!. ' and, 2 ,. 5 s o i e"s Dimension - R .u ations : � ul -Family Planned Residential - Development , 5 I `5` Lot SIL e y t not required Lot Frontage not required Setbacks : " Each multi-family structure shall b at least 50.1 from any adjacent ' Multi-famlly structure . Further, each multi-� * yshall have front yard setback of a t least thin 0 feet; cind in no instance shall ' structures, in a multi � I RD . be within 50, feet t of the parcel. boundary. r H ht tat o �. F 1 . a nd 2 . 5 stories . e . ' Parking Re quip re ents : For all Planned Residential Developments - off-street parking shall be, re u i red at*- a rate { of two parking spaces per dwelling unit. Usable- Open Space: ]sable open Space shall. be defined as the., part o parts s of land within the PRD whach are reserved for permanent open -space. . This space shall exclude parking areas, but include -required setbacks and wAlkways , The usable open space shall be open and unobstructed to the sky; ho never, - tees, , l atn+t inc s, arbors , flagpoles , sculptures fountainst. . swimming pools, .- atriums, . outdoorrecreational + : ; facilities and similar . objects sharp. - snot; be ' considered " obs ru t .ons`. . ,. o-r- singe i a RW , t he' -minimum usably open space .,, re uireme s shall . be 35% of the. total parcel " 5 area; and no more than 25 of the total, amount o - required usable open - space shall be wetland,, .� ARTICLE co M) For multi,-family ' D' s, 'the minimum usable. open space . F requirements - shah rce . area # and no more than .- . of the total- required usable- open space shall be wetland, For all.. PRE s, the [usable open Space shall be owned in .' common t by and ' readily accessible to the owners of all the units' in { 1 the P D, or by a4 non-profit organization or . trust whose members ' are all -thee owners and occupants o , the units , or, by private organizations' such a.s- the Trustees of -Reservations far Essex county .Greenbelt Association whose primary functionis the preservation of open space, or by the 'down, r otherwise as the Planning Board may direct.' -; , , Further, a perpetual restriction of the. type desc . bed- n MGL Chapter 184 , Section l , - including future amendments thereto and corresponding ro isio s to future laws, runnJ_n ' to or enforceable by the Town shall be -recorded n - •s ect to such land. Such restriction shall 'provide -that x the Usable opera Space shall be retained perpetuity for one or more of the olio in uses :' conservation, a r.-cu1ture, or recreation such restriction shall be in such fort and substance as the • Planning Board shall prescribe and nay- contain such additional restrictions on' development and use of the [usable Open Space as the Planning Board may deers appropriate , k Calculation of Allowable a .de'ntia.1 Dens.it 1 . For ingle family, detached D' s , the a .l.o a.bl.e number o buildable lots shall not. exceed the maximum number o buildable lots that ' can can � b attained- under f- . a the wFn •.+, ' , s subd1v.1s.. on regulations, given the underlying zoning ; district, s . For multi.- a.m, ly ' PRD' s the allowable number of dwelling i units shall not exceed the maxiLmum number, of buildable lots that can be at a i ed under the Town.' s subdivis l,on regulations , given the underlying zoning district . Density } onuse _ y i Af ford ble Housing Bonus : For all PRDI s the total. -number of allowable lots and/or dw' elling units may. be increased' ' - to 1 f the developer designates at least l of the total, t number of units for use - in- conjunction with one or more state or federal housing assistance programs . However, in the instance where the .use of federal or state oroaramg are not available to the .11ousing Authority, the Planning Board,. after consultation with the Housin4 Authority, may propose alternative. methods'. . of attaining the Af fo.,rdable l eu in k F Bonus The ' developer shall -certif y in writing t the F Planning Board that the 'appropriate number of dwelling unity have been . set aside and conveyed to the North Andover Housingi Authorit . or other actions as - r uired , before the Pl.ann.Ln Board s,hall grant any special permit with density. bonus f provisions , F.urther,9 the developer shall bo responsible t 4 ARTICLE l0 (CONTINUED). _ work w lth the North n dove- ing Authority to initiate and , conclude occupancy . of said sai'd units within one yea .'o ' their co Piet 'ailu � do- o hall a deemed a Violation o the special permit ri' eri. '. The granting of thisbonus' densiLty shall ' not . exempt the **' proposed development. from any other criteria required by- this + sect. Open.. Space Bonus For multi-f amily PRO' , the total number of allowable dwelling units may be increased up t ' 1 the. p ropo R provides sixty-five percent -usable open space c n is ent wit h the -definition usable open space as. provided in this section , The granting of this bonus density shall n r.t.,. exempt the proposed- development from a y other criteria required by this, section* . Maximum Dens Proposed PRD s may utilize both bonus Proyisions , i .e. affordable housing and- 'open space; however, the granting o bonus densities shall - not exempt the proposed development F from are other criteria a e uire her this ect bn . Petition' of- the Se ect er't s. - Steering Connittee for a Balanced Growth l cy Plan' VOA TO ADOPT THE ARTICLE WITH THE FOLL011,1ING 1 ,;E'er:- N , SECTION" 5. Developnent Standards. ParaCraph a. In the last ,sentence change Residence 2 to Resedenc-e ' r and after the word District acid least 5 acres in • Residential District. VOTED YES ' No' + ATTEST F T6, COPS L � ` TOWN CLERK t Ir i 1 L� U ak -Open SpaceCalculations { 7 k r t L L --t' u i- l y PRD Parce a - r ►; 2 - 13 Acres Lest ,ra for domes 1 Less Area for D�iveways 0.63 Acres , 54 Acres Less Area for Roadways 1 . 78 S t ' �w1�a.r r..r�+�+.r..a:.tom rfgt�tw���'•ww�L�1W*����ti Mw4 wa vt4�,5''+M wr���4wr�iwi�i�TY'..4y�rr sy'wM ti�rx�F'�'�ay,+ 4 s Total, Open Space 20. 18 Acres Actual Open Space 83 {�. Required Open Space 50 F F . t + k I Re FM GEISSER & ASSOCO f . f CONSULTING ENGINEERS f 1ST" PROVIDENCE, R.I. 02914 CANTON, of Of F.N S PAC E FL N No4k DATE: DRAWN 8Y,, CHGCKED SY SCALE: JOB NO.. SHEET M -{*"'t't}0'r,*T'"fir,w1+.}k,"-I.".�."=�i}154�. +r ,, �L-a' ' ,' ; 1._}.:. .v. ;;`..'.'_: I.�,, 7 - *- - i5 } } # r C'�#AihJC,`�adl l}1' �'ii �'}' }.d„4`k . L +'!+'�+k�.,ww t " + 1I;f'IL *Ji.' r t 1 #_ +�. Q:}`. I rt.5.R f. 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Lawrence - A. - - . �. _ . _ - R .. - - '' - ' - -- 4 r s r � 1 LMSEMENZ DEED k f MIA NO REALTY TRUST, under declaration of trust dated 0 8/16/8' , recorded in the North Essex Registry of Deeds Book 2473, Page 5 r P ILIP We RAGUSA, TRUSTEE and D AI RAGUSAITRUSTEE of Andover, Essex County Massachusetts for consideration of one $1. 0 Dollar plus other good and valuable considerations rants to the Town of North Andover, a Massachusetts municipal corporation situated in Essex County and to the Commonwealth o assachusets, by and through the Department of Environmental Mana a en , its success rst assigns and designees of 100 Cambridge Street, Boston, MA under the authority off and in accordance with the provisions of Chapter 21 and Chapter 132A of Massacbusetts Genera. Laws as r amended together with any other statutory authority with warranty covenants, a perpetual easement and right of way for all purposes of ingress and egress including the transportation of equipment essential for the activities of forest management and maintenance in the adjoining property owned by the Commonwealth of Massachusetts together with right of pedestrian access to said lands by any and all persons. , The easement and right of way granted herein is shown on a plan of land entitled "Subdivision Plan of Land, Boston Brook Estates for Miano Realty Trust" by R.F. Le sse r & Assoc. , Inc. , April 1989, recorded herewith in the North Essex Registry o Deeds as � Plan # being a portion of Lot 4 thereon identified as "Forestry Access Easement" o Also conveyed ere. .s the right to pass, and repass upon Partridge Drive as shown on said plan and to make such use of sal d way for all purposes as public ways are used in the Town of North An dove r. r The easement described herein shall confirm and further described the easement reserved by deed from the Commonwealth of Massachusetts to George Eo Denson dated June 1. , 1944 and recorded in the Essex North Registry of Deeds, in Book 665, Page 39. IN WITNESS T ROD', we set our hands and seals this day of 19 NANO REALTY TRUST LAW OFFICES OF RALPH R. JOYCE BY: 95 MAIN STREET OATH ANDOVER,MA 01846 PHILIP We R GU A, TRUSTEE (5m)886-A&55 �AX;(5W)88 148 7 r I ' I 5 BY. 1 { DIANE L. RAGUS , TRUST r 4 . CORMONWEALTH OF MASSACHUSETTS Essex i 1 Then personally appeared the above named, � 1 and acknowledged the foregoing instrument to be their ree act and creed, before me � Notary Public My commission expires. { PPRA�ACCEPTANCE { The terms and p o is ions of this deed are accepted i consideration of further defining rights as may be established y the above referenced Benson creed. DEPARTMENT OF EVIRONMENTAL MANAGEMENT COMMONWEALTH OF MASSACHUSETTS APPROVED AS TO FOB BYt ASSISTANT ATTORNEY GENERAL LAW OFFICES OF r r 4 ALPH A. JOYCE 5 MAIN STREET ORTH ANDOVER,AAA 01845 FAX:(SW W- 148 { Y f 1 T f rl�[ L 2 fi7 J MIANO REALTY TRUST, P IL P We RA USA and DIANE Le RAGUSAf TRUSTEES, under seclara ion of trust dated April 16, 1987 are 5 recorded in the North Essex Registrar of Deeds, Book 2473, Page 57 k R in consideration of ONE $1 s 0 DOLLAR PLUS OTHER GOOD AND VALUABLE CONSIDERATION { grant to ' OW OF NORTH A D V Rr MASSACHUSETTS � fi DRAINAGE BASEMENT upon the following described parcel of land. A certain parcel of land located in North Andover, Essex County, Massachusetts shown as Lot 4 on a "Subdivision Plan o Laney Boston Brook Estates for Miano Realty" by R.F. Ge .sser, s Inc. , April 1989. Said plan being recorded in the North Essex Registry of Deeds as Plan No. a Said Lot 4 containing 32. 195 acres, more or less, all as ; shown on said plan. } Meaning and intending to supplement are Easement Deed o even date to pass upon the ways shown on said Plan together w .th the right to go upon the remaining premises of Lot 4 for , the purposes of maintaining and operating all drainage facilities and appurtenances thereto including, but not limited to, any lines as installed together with retention ponds, detention ponds and wetland replication areas including, but not limited to, the right to draw water from said ponds for .. emergency purposes and to take any and all action necessary to } maintain drainage in the area. { Being a portion of the premises conveyed to us by deed of George H. Parr and Wanda H. Farr, dated and recorded n the North Essex Registry of Deeds, herewith, Executed as a sealed instrument this day o 1 . M ANO REALTY UST PHILIP W. RAG SA, TRUSTEE LAW OFFICES F DIANE Le RAGUSAr TRUSTEE 95 MAIN THE T )RTH A D VER,MA 01645 ( 08) 8 .45 5 FAX:(608) 85- 148 5+1 Y r' COMMONWEALTH of M SSACHUS TES Essex Then personally appeared the above named, PHILIP W. � 1AG JS , TRUSTEE and DIANE Le RAGUSAr TRUSTEE and acknowledged the foregoing instrument to be their free act and deed r before me Notary Public � My commission expires: 4 L F f K 7 �y{ L i S f� 4' Y� 1 3 i i 4 t t r wb 1 i} T 1, f i f } I Y i Y I 1 I Y 1 LAW OFFICES OF LPH R. JOYCE 95 MAIN STREET )RTC{ANDOVER,MA OIU45 (508)685-4555 FAX:(668)685- 148 Y k 1 { f 5 1 ANo REALTY TRUST, under declaration of trust dated o / . /87, recorded in the North Essex Registry of Deeds Boob , 2473f Page 57, P ILIP We RAGUS , TRUSTEE and DIANE L. � RAGUSA,TRUSTEE of Andover, Essex co ntyl Massachusetts for consideration of one $1. oo Dollar plus other good and � k valuable considerations grants to the Town of North Andover, a Massachusetts municipal �. corporation situated in Essex County and to the Commonwealth of assachsets, by and through the Department of Environmental Management, its successors, assigns and designees of too F r Cambridge Streets Bostonr MA r t under the authority o , and in accordance with the provisions of Chapter 21 and Chapter 13A of Massachusetts General Laws a r amended together with any other statutory authority with warranty covenants, a perpetual easement and right of way for all purposes of 'ingress and egress including the transportation of equipment essential for the activities of forest management and maintenance in the adjoining property owned by the Commonwealth of Massachusetts together with right of pedestrian access to said lands by any and all persons. The easement and right of way granted herein i shown o a g plan of land entitled "Subdivision Plan of Land, Boston Brook , Estates for Miano Realty Trust" by R.F. Ge i se r & Assoc. r Inc. r April 1989,E recorded herewith in the North Essex Registry of Deeds as , Plan # being a portion of Lot 4 thereon identified as "Forestry Access Easement" . . F Also conveyed herein is the right to pass and repass upon Partridge Drive as shown on said plan and to make such use of said way for all purposes as public ways are used 'in the Town of North Andover. The easement described berein shall confirm and further described the easement reserved by deed from the Commonwealth of Massachusetts to George Eo Benson dated June 13, 1944 and recorded in the Essex North Registry of Deeds, in Boob 665F Page 39. a N WITNESS WHEREOFF we set our hands and seals this day of 19 MIANO REALTY TRUST f tAW OFFICES OF RALPH R. JOYCE 95 MAIN STREET BY RTH ANDOVER,MA of 01IM5 PHILIP w o RA USA, TRUSTEE (5M)685-4655 FAX:(5W)685-3148 BY DIANE L. RAGUSAr TRUSTEE C014MONWEALTH OF nASSACHUSETTS Essex , Then personally appeared the above named, and acknowledged the foregoing instrument to be their free act and deed, before me Notary Public My commission expires . APPRUAL ARP- ACCEPTAN", The terms and provisions of this deed are accepted in consideration of further defining rights as may be established by the above referenced Benson deed. COMMONWEALTH OF MASS ACHUSETTS DEPARTMENT OF EVIRONMENTAL MANAGEMENT BY: APPROVED AS TO FORM BY: ASSISTANT ATTORNEY GENERAL LAW OFFICES OF RALPH R. JOYCE 95 MAIN STREET ORTH ANDOVER,MA 01645 (608)685-4665 �AX:(6W)685-3148 I i EASEMENT i I A o REALTY TRUST r PHILI P We RAGUSA and DIANE Lo RAGUSA F TRUSTEES, under declaration of trust dated April 1 , 1987 and recorded in the North Essex Registry of Deeds, Book 2473, Page 57 in consideration of ONE $l. oo DOLLAR PLUS OTHER GOOD AND VALUABLE CONSIDERATION grant to TOWN OF NORTH ANDOVER, M SSAC USETTS a DRAINAGE EASEMENT upon the following described parcel of land: A certain parcel of land located in North An o erp Essex County, Massachusetts shown as Lot 4 on a "Subdivision Plan of Land, Boston Brook Estates for Miano Realty" by R.F. Geisser, Inc. , April 1989. Said plan being recorded in the North Essex Registry of Deeds as Plan No. Said Lot 4 containing 2.19 acres, more or less, all a shorn on said plan, Meaning and intending to supplement an Easement Deed of even date to pass upon the ways shown on said Plan together with the right to go upon the remaining premises of Lot 4 for the purposes of maintaining and operating all drainage facilities and appurtenances thereto including, but not limited to, any lines as installed together with retention ponds, detention ponds and wetland replication areas including, but not limited to, the right to draw water from said ponds for emergency purposes and to take any and all action necessary t maintain ra inag a in the area, Being a portion of the premises conveyed to us by deed of George H. Parr and Wanda H. Farr, dated and recorded n the North Essex Registry of Deeds, herewith. Executed as a sealed instrument this day of lo . ANo REALTY ' RUST PHILIP We RAGUSA, TRUSTS LAW OFFICES OF DIANE Le RAGUSA, TRUSTEE RALPH R. JOYE 95 MAIN STREET NORTH A DOVER,MA 0184 ( 08)685-4555 PAX.(5GO)685-31 8 { { x COMMONWEALTH OF MASSACHUSETTS Essex f Then personally appeared the above named, PHILIP W. 1AG S r TRUSTEE and DIANE L o R G S , TRUSTEE and acknowledged the foregoing instrument to be their free act and deed, before one Ioar Public y commission expires: LAW OFFICES OF R LPH R. JOYCE 5 MAIN STREET NORTH AND OVER,MA 0184 (508)685-45 5 FAX:( 03)685- 148 -._.T + ,.,.._. - .. , _ , ..._ { _ _._,.mot -.. .r r 4 +' iM4LA'f.rf ate-a +• _W 6y-i * _ t r +3 L -f-'• { 4{ h# t r Y + ,{'iI`,. t +' -y• • T+f• 5 - F ' •. . y, t+•. • t• - iMASTER DICED . or i e(hereinafter' the eolart" ,j being the sole owner of the land Massachusetts es r e in Exhibit A attached hereto and made a part hereof s by duly executing and recording this Master Deed, does hereby submit said land together with the buildings and improvements thereon and all easements, righis and appurtenances belonging thereto to the provisions of Chapter 1 A o the General Laws o a a use '.t # s a erg el (hereinafter Chapter 8 A and proposes to create, and bereby does create with respect to said premises, a condominium (hereinafter the *Condominium*) to be governed by and subject to the provisions of Chapter 13A, and to that end declares and rod a the followinqs i. 14=It The Wane of the Condominium shall e 2, � W u i There un es gnate � � building the uiii o the . t containing units as hereinafter described. The Building consists of Y h D9X&.iP.i The land herein to t h e "Land") upon which the buildings and improvements are situated is described in said Exhibit A attached hereto and rude part hereof. F e � � i � { (a) The Condominium has units (hereinafter {' referred to as the Units The e i ati s$ locations, approximate areas, numbers of rooms, immediately accessible common areas and other descriptive specifications of each Unit are set RALPH A. SCE M forth in Exhibit B attached heretof and are ATTWMEY ATLAW shown on the site and floor plans recorded Iwi�lAINSIREET herewith. The saidfloor a shows the .ayo t# WDWH , locations# unit numbers and dimensions of the Units as tuity indicates that the Building I _ 5 i l �I bears k itself has Prof ng iee h - F s]Ll as . + required by the provisions of Section 8, f chapter * (b) The boundaries of each of the Units with respect o the floors# oeiigsr walls doors and windows thereof are as f011owss (i) Moms The plane of the upper surface the foundation. Cp..J.Jjnqfi: The plane of the lower surface r the roof rafters= tWjgnUMjj_fit The bane of the interior surface o the wall studs facing each Unit of the interior . ., -----.building _ which separates the Units. UO ExterjDx B .!d inq.__-� 1 a D r,62 . -a W al n dows al. OQ - s to the wallst the plane of the interior surface of the wall studs facing the Unit as to doorspthe exterior surface thereofl as to the door f Braes, the interior surface f thereof; as to windows and sash# the , ---- exterior surfaces and as to the window frames t9he interior surface thereof. All stN r a screen windows and doors, whether interior or exterior? shall be the property of the owner of the Unit to which they are a t tva ched or attachable and shall be inst. iedr maintained, repaired an e iaed at the sole expense of such Unit I wner. 4 4 (c) I Each- ant excludes the foundation structural ins -:11, rders, beams, supports f exterior building wa� sr 6 that portion the interior building wallseparating the Units which s not g expressly ciud in the units under %iii) hereof roofs p exterior window and . 00r frames, driewas wail, exterior ste (bol front and n . t � conduits, duct.-.-, press flues, wires and other nst al rat ions facilities ites for the furnishing i o tit seri;ices or waste removal which are situated within such Unity but which serve another Unit* F (d) 1 EachUnit in l e-Z the ownership of all t i It FIALPHR .�,or tallations � intaine therein which exclusively serve the Unit# including the r i t u a t e WATH ANDOVER.A1AOWS heating and air conditioning apparatus ►�� in and exclusively serving the ]nit. 5 , i { 1 4 P f 1 4 1�""�"- .y74 '¢Y4.oyp.,u,T"_'._T'x-x_•v-.—'�ti�-;.*'ys.•.`.''` + i .+,�..r�-.... - . •'-•-_....a.. .. •• — - I r Each Unit shall have all appurtenant thereto the f = - fight and easement to use# in common with other Units served thereby# all utility sines and other common facilities which serve{ it, but 5 - _. which are located in another Unite (f) Each Unit shall have as appurtenant thereto the right to use the Common Areas and Facilities, as described in paragraph 5 hereof, in common with the owners of the other Units in the condominium, except for the Limited Common Areas i and' Facilities described in paragraph 7 hereof which are reserved for the exclusive use of the Unit to which such Limited common Areas and Facilities appertain. s. Comm_,Areas adLfacilities, Except for the Units the entire premises# includin l without iimitationg' the Land and all parts of the Building and improvements thereoor shall constitute the Common Areas and Facilities of the Condominium. Those common Areas and Facilities specifically include, without lim tat .o # the followings r (a) The lard described in Exhibit A hereto# together with the benefit of and subject to all r .ght s p easements# restrictions and agreements of record, insofar as the same may be in force and- applicable; (b) The foundation, structural columns, girders, bea se supports, exterior building walls f that portion of the interior building wall separating the Units which is not expressly included in the Units under subparagraph b) (ii) hereof p exterior window and door frames, dri ewa yst walks and exterior steps. F (c) All oo d itsr d ctsp pipes, wires and other installations or facilities for the furnishing of utility services or waste removal., including, a without imtatn waterg sewerageo gas, 4 electricity and telephone services, which are not located within any Unit or which, although � located within a Unit serve other Uri it s p whether alone or common with such Unit. � (d) general any and all apparatus, equipment and installations existing for common use. ATTORNEY AT LAW (e) Such additional Common Areas and Facilities as 0 MAIN STREET may be definedin chapter 183A. W)R TH ANOOVER,MA 1645 SubJect to, the - exclusive use provisions of paragraph 7 i a ' '�. 'r"'X1 Y^'•Y-+ +�+o++i.,... .,*+.-.-,.... -ewrw.a,..ev.ax.,a..rs r,r ,•n.h.y. r•:-:`?:J�.*.i:r .i.rl...r . 5 I' I. 5 hereof,,"- each Unit Ownor may use t common Areas and racilitles in accordance with their intended purposes � without being deemed thereby to be hindering o encroaching n the lawful rights of the Unit owners. g& Owner. on_ d ._ Filcil.i. +The percentage ownership ' interest of each Unit in the Common Areas and Pacilities has been determined upon the basis of the approximate relation that the fair value of each Unit on the date of this Master Deed bears to the then aggregate fair value of the Units& The owners of each Unit shall be entitled to an undivided interest in the Common Areas and Facilities in the following percentages: UNIT EEECE19TAGE, INTEREST To Limited- !Commgn Areas and, Facilities-&- Each Unit shall have as appurtenant t it the exclusive right to use the following portions of the Common Areas and Facilities, which are hereby designated Limited Common Areas and Facilities. (a) Those portions of the foundationp structural columns, gi dersy beams, supports, exterior building walls# roof, exterior window and door frames and other parts of the Building • constituting Common Areas and Facilities, which serve,r surround or proide• support for the Unit alone; F The driveway serving the Unit; (c) The walks and steps leading to the front door o s the Un t (d) The steps leading to the rear door of the Unit and the Parch adjacent to said Unit; and � t a That Portion of the Land which is identified on the site plan recorded herewith as being for the exclusive use of the Unit. The said Limited Common Areas and Facil-ities shal 1, ATTORNEY ATLA however, be subject to the restrictions set forth ire ft MAIN STAIET paragraph 8 hereof and to the reserved rights and NORTH AND ER.MAO easements set forth in paragraph 9 hereof, z f L , 1 v � r s •F F { ' -F- .. ..' _— . 4 M1 • T_ F 1. - '' # • �ie L+ "'lll i owner shall have the res or�sibi t+ .. F / the and reps r and shall have the right t ire .� d common Areas and Facilities appurtenant Limited [knit# all as provided in the Condominium Trust. urom. and Reat on Be rictions + �ondonni is to be used solely for single residential family purposesuses strictly incidental thereto, and shall be subject to the following restrictions: e ) Nobusiness activities o any nature shall be � conducted in any Cnit r except for home professional pursuits without rear visits by the public* t d (b) The architectural. integrity o the r� � shall be preserved without modification and to f that ends without limiting the generality of the M foregoing, no balcony, enclosures awninv screen antenna, sign, banner or otherdevice and no exterior change p addition structurer ro 'ection decoration or other feature shall be erected or placed son or attached to the u ldin # and no - painting or other decorating r shall be done on any exterior part or surface of 4 -the Building, unless . the same shall have been approved by all of the Condominium Trustees* r (c) use and maintenance of Units and Common, Areas and Facilities (including the Limited Common Areas and Facilities shall be conducted in a manner consistent with the comfort and convenience of the occupants of the other Unit. No Unit .owner may use or maintain ,his Unit or _ ..r._. the Limited Common Areas and Facilities appurtenant thereto in any manner or condition which will impair the value or interfere here with the beneficial. • enjoyment of other [ nits and their appurtenant Limited Common Areas and Facilities* (d) No Unit or any part of the Common Areas and Facilities (including the Limited Common Areas and Facilities) slab. be used or maintained in a I with the � manner contrary to or inconsistent F provisions of this Master Deed, the Condominium ini k Trust and theBy-Laws contained in the Condominium Trust* Said restrictions shall be for the benef it of each of the Unit airs and the Condominium rusteess and shall be LPAYTORNSY A. T"WOYCE enforceable by each Unit owner and also by the Condominium MAIN STREET Trustees* Also, insofar as permitted by lawl such NMHA WVER.MA01 0 restrictions shall be perpetual and, to that end, they may be- extended at such time or times and in such manner as , t r r k + permitted or required by law for the continued en oroeabiI ity thereof. No Unit owner shall be liable for any breach of the provisions of this paragraph, except . ; such as occured curing his or her ownership of a unit. 19* eS eyed (a) n the event that there are unsold Units, the Declarant and its successors and assigns shall have the sane r fight s, as the Owner of such unsold Unit # as any other Unit owner. In ; addition to the foreggingp the Declarant reserves to itself and its successors and F assigns the right for so long as it owns such an unsold Unit to: (i) lease and license the use of any unsold Unit; 4 (ii) use any Unit owned by the Declarant as a model for display for purposes of sale or leasing of condiminium units; and (iii) perform any work and transact any other business on the Condominium property to complete the development .• thereof and to facilitate the ' marketing of any unsold Unit. ti (b) The Condominium Trustees, acting together, shall' have the right of access to each Unit and the Limited Common Areas and Facilities appurtenant thereto: (i) to inspect, maintain, , repair or replace the Common Areas and Facilities' contained ' therein or elsewhere in the Building (ii) to exercise any other rights or satisfy any. other obligations they may have as Trustees. i0. The-Unit Qwn-ers!.. Dugan The organization through which the Unit Owners will manage � and regulate the Condominium established hereby is the 1 (hereinabove and hereinafter referred to as the "CondominiumTrust" under a Declaration o Trust even t; date t e recorded herewith. Each Unit Owner shall have are interest in the Condominium Trust n proportion r ortion t the ' r 4 percentage* o undivided interest i the Common Areas and RALPHR.JANE Y AT LAW Facilities , to which his Unit is entitled hereunder. The ftMAIN STREILT name and address of the original and present 'trustee as o WMTHANDO E A.MA OMS the date hereof of the Condominium Trust here .na ove an hereinafter ,the *Condominium Trustee " is as follows: �."' °Aiv—,.v..—.S. _.. _k ... .t.cirtiv + '+ ., ; .1.7..J _ .+. a.� ..raw « - + • -- —. ... ,r—- _.. .. . .. ..... . .,. .- . —-. Fr Je ,The Condominium "r stee has enacted By-wLawsf as provided for in the Condominium Trust, pursuant to and in accordance with the provisions of Chapter 183A. 11. Easement ...Joir Engrgachment-ft. If any portion of the Common Areas and Facilities now encroach upon any U it# or if any Unit now encroaches upon. any other Unit or- upon any portion of the common Areas and F #� Facilities, or if any such encroachment shall occur �. hereafter as a result o settling of the Building# or (b) alteration or repair to the Common Areas and Facilities made by or with the consent of the Condominium Trustees, or o as a result of repair or restoration o the Building or any [knit after damage by fire or other casualty# car. - as a result of condemnation or eminent domain proddedingst a valid easement shall exist for such encroachment and for the maintenance of the same so long as the uidig stares. 120 Un i t iL.. Deed U-n-it. Deed and Condominium Trust All present and future owners, tenants', visitors, servants and occupants of Units shall be subject to, and shall comply with, the- provisions of this Master Deed, the ]nit Deed, the - Condominium Trust and the y-Pas s they may be amended from time to time f and the items affecting title to the Land as set forth in Exhibit A. The acceptance of s deed or conveyance of a Unit or the entering. to- o cupany of any Unit shad.l constitute are agreement that the provisions of this Master Deed, the Unit Deeds the Condomin .um Trust and theBy-Laws, as they may be am' from time to timer and the said items affecting title t the- Land, are accepted and ratified by such owner, tenant, visitor, servant or occupant; and all of such provisions shall be deemed and taken to be covenants -running with the lard and shall bird any person having at any time any interest or estate in such Unit, a though such provisions. were recited and stipulated at � length in each aid every deed or conveyance or lease thereof. '1 r ' i 136 Amendment t e r � This Master Deed may be amended by an instrument in }r writing a signed by all of the Unit Owners, and caul � RALPHR.JOYCE 1 recorded with Registry of ATTORNEY AT LAh! Deedst ProVidedr that: 96 MAIN STREET NORTH T oONER.MA OWS + No instrument of amendment which alters the dimensions ons of any Unit or alters the percentage i � 5 F #+ 4 _the undividedWait- - e titled.. is the Common Areasand Facilities shall be of any force or effect unless the sane has been assented to by the mortgagees of record of the Units af f ected; and -- (H) No amendment to this Masted who would render it contrary to or inconsistent with any i s requirements or provisions of Chapter 183A shall be of any force and e f f ect. { 14s Dmiraigns fQr the- Putection,. of rt'c'rag.e.S_,_ Notwithstanding anything in this Master Deed or in the •' condominium Trust and By-Laws to the contrarye the following provisions shall apply for the protection of the holders of the first mortgages (hereinafter "First Mortgagees") of record with respect to the Units and shall be enforceable by any First Mortgagee: (a) In the event that the Unit owners shall amend this Master Deed or the condominium Trust t include therein any right of first refusal in connection with the sale of a Unito such right of first refusal shall not impair the rights of a First Mortgagee to i (i) foreclosu re or taste title to a Unit pursuant to the remedies provided in tis mortgage; or (ii) accept ' a deed (or assignment) in lieu o foreclosure in the event of def ault by a mortgagor or r (iii) sell or lease a Unit acquired by the first Mortgagee through the procedures described in subparagraphs (i) and (H) above. (b) Any party who takes title to a Unit through foreclosure sale duly conducted by a First Mortgagee shall be exempt from any such right of first refusal adopted by the Unit owners and incorporated in this Master Deed or the 1 Condominium 'ruste {r (c) first Mortgagee who obtains title to a Unit � by foreclosure or pursuant to any other remedies p o Wed n its mortgage or bar law shall not be 1 liable for such Unit' s unpaid common expenses or ;_ dues which accrued prior to the acquisition of ,title to such Unit by such First Mortgagee. AT70RNEY AT LAW MAIN 3TREET (d) The Unit owners and Trustees shall not be ANOME14.MA entitled to take the following actions unless the Pirst Mortgagees with respect to all of the. r .'Lit �_,.-iw#'._ i.3�i+at4.,.�a + t :, .�..44- .� td......`_4 • ,'.N'+a k''- '.w4�ar�-;+•+A't • MM- 4 k k .: Units have qLven -their' prior written consent (J) r ' by any act or omission seek to abandon or terminate the Condominium# except in the _ - event - of substantial destruction of the '# condominium by fire or other casualty or in the case of a taking by condemnation or eminent domain.; or (ii) change the ro�rata i'nterst or obligations of any individual Unit for the purpose of . (a) ievyig assessments or charges or { al JoCating distributions of hazard i ► insurance proceeds or condemnation awasp or determining the pro-rat a share of ownership of each Unit in the Common Areas and Facilities; or (iii) partition or subdivide any Unit; Or (iv) any act or omission seek to abandon, artitiont subdivide, encumber, sell or transfer the Common Areas and Facilities, provided that the granting, of easements for public utilities or for other public purposes consistent with the intended use of the CommonAreas and Facilities shall not be deemed an action for which r io r consent of the First Mortgagees shall be required pursuant to this clause; or (v) use hazard insurance proceeds on account of losses to the Units of the Common Areas and i Facilities for other than ehe repair* replacement or reconstruction thereof f except as otherwise provided in Sect Lori . . (E) of the Condominium Trust which contains. provisions dealing with substantial losses in conformity with the requirements of Section 17 of Chapter iA. (e) Consistent with the provisions of Chapter 13 , all taxest assessments and charges which may become liens 'prior to a first mortgage under the � laws of the Commonwealth onwealth of Massachusetts shall � relate only to the individual Units and not to the Condominium as a whole, (f) n no 'evert shall and rovisi10 n of this Master F .deed or the Condominium Trust give a Unit Owner � ATTORNEY AT L r any other party priority over any rights of a "MAIN 57REET First Mortgagee pursuant to its .mortgage in the NCMYH A DOVIkM OISO case of a distributionto such Unit owner o i s u rant proceeds or condemnation awards for k 1 ■ . 4 i €ti ]Losses to or. a taking of such Unit and/or the F *2 Coffin Areas and facilities. :F (g) A )r� First Mortgagee# upon request rude to the Trustees of the Condominium Trust* shall be entitle too written notification from the Trustees of the Condominium TrUBt of any default by its borrower who is an owner of a Unit with respect to any obligation of such borrower under this Master Deed, or the provisions of the Condominium Trust which is not cured it in s days ., r inspect the books and records of the Condominium Trust at all reasonable time; (iii) receive are audited annual financial statement of the Condominium Trust within ninety 9 days following the end -of any fiscal year of the Condominium Trust; (iv) receive written notice of all meetings of the Condominium Trust, and be permitted to -. designate a representative to attend all such meeting and (v) receive prompt written notification from . the - Trustees of the Condominium Trust o any damage by fire or other casualty to the Unit upon which the First Mortgagee holds a first mortgage or any proposed taking by condemnation or eminent domain of said [knit or the Common Areas and Facilitiest - i (h) 10 agreement for professional management t of the condominium or' any other contract with the, • Declarant may exceed a term of three yersp and any such agreement shall provide for termination by either party without payment of a termination fee on thirty 3 days or less written not .ce, } The Declarant intends that the provisions of this paragraph 14 shall' comply with the requirements of the Federal Home Loan Mortgage Corporation with respect to condominium mortgage loans, and all questions with respect thereto shall be resolved in a manner consistent with that 1P intention, RALPHR.JOYCE The provisions of this paragraph 14 maynot be amended or AYT ANEY AT LAW MAIN STREET rescinded without the written consent of all First NCWTH ANDOVER MA OMM Mortgagees# which consent shall appear on the instrument Of amendment as such instrument is duly recorded with the 1 i i 4 1 ' e { Y ZB8eX NortbDistrict Registry of Deeds In accordance with { t .rereents of paragraph 13 hereof. { IS abili The invalidity or unenforceablifty of any provision o + this Master " Deed shall not be deemed to impair or affect .. in any manner the validityr enforceability or effect o the reaer of this Master Deed a # in such event# all of the other provisions of this Master Deed shall continue n full force and effect as if such Invalid provision had never been included herein. 1 No provison contained in this Masted Deed shall be deemed to have been abrogated or waived by reason of any failure to enforce the same, irrespective of the number of violations or breaches which may occur. 17,o '2t i Q nZ.A. The captions herein are inserted only as a metter o convenience- and for refe rence f and in no way define, limit or describe the scope of this Master Deed nor the intent of any provision hereof. 4 18. altbL of The Master Deed is set forth to comply with the requirements of Chapter 183A, and � said Chapter shall control as to all matters contained therein but not specifically set. forth in this Master Deed. In case any o the provisions stated above conflict with the provisions of Chapter 183A# the provisons of said Chapter shall control, WITNESS the execution hereof under seal this clay of 19 r ► BYt r , r# - a + COMMONWEALTH of MASSACHUSETTS 4 SS i 4 RALPHR.JOYCE ATIOANEY AT LAW r 95 MAIN STREET Then personally appeared the s ove�na ed l i N ANDOVER.MA 01 S ' r stee# as aforesaid# and acknowledged the foregoing r F 4 4 i i t :�. ...r���k". ..._ _. .c+..:;a�k��4 .c•r•+a+.x...�w. .+ .�+r• t r.tea•..r,...--.s..� ;�-r--R-x.-�-:�..-,w.�. , .rr�F { 4e,. a' instrument to be his free act and deed# before mep f. + t� s } _ a } Notary Public My commission expiress r a y F t i L Y 4 i + AYTOANEV AT i AW 96 MAIN ST RE ET NORTH ANDOV R.MA 01945 a �i.�}}. � r't v.- ..•. �� .•..,,r4 w. aaA.�s,..�hr ary..i�.f i...r r.�. +Adb`�f.*.; .,ar+� .I s�� tw�.�Y.a-. .+ . . -`;-*.+��•.+t��.��.�-•Y ��� —,.--,�.� .,t.. -�yF It instrument to be bisfree act and deedf before me# t fJ � I Notary Public t commission expires - i i 1 Y T Y f y i Y : 1 ATTORNEY AT i.kW MAIN STRIEET NORTH AN DOVE R.MA 01645 45171 S -45" ate. ,' ',• F '. ., TRUSS 3 + This Declaration Trust made this day o 169 by hereinafder called . the '"'trustee v which term shall include successors and assigns as Trustees hereunder and any Trustee o Trustees for the time being hereunder) howsoever appointed. ARTICLE Na ip nf TrUaf The Trust hereby created shall be known as (hereinafter the "Trust"). ARTICLE It The T a t �, ae _tigal, _'Gerue Ir -ral. - All of the rights in and to the common areas and facilities (the "Common Areas andFacilities") of the the "Co adorn i n m" es abl Bhed by a faster Deed .(the "Master Deed") , of even date and recorded herewith, which are under the provisions of Massachusetts Genera. Laws Chapter 18A, as amended, " Chapter 18A" -exercisable by the organization ,of unit owners of the Condominium and all property# real and personal, tangible and intangible, conveyed to or held by the Trustees hereunder shall vest in the Trustees► in trust to exercise, manage, administer and dispose - f - the same (a) for the benefit of the owners of record from time to time (the 'Unit Owners" or " wnprs*) of the units (the "Units") of the Condominium according to the allocation of undivided beneficial, interest in the Common Areas and Facilities set forth in Article IV hereof, and in accordance with the provisions of Chapter 1A. h . 'rust is the organization of Unit owners established pursuant to the } g u ose s provisions of Section l of Chapter far the p p 4 therein set forth* Spp.t.ion- 2.2., TruSt, It is here -XQt Partmershi Crea-tQdc i expressly declared that a trust and not a partnership has t �.,been r c eater and that the Unit owners are Cest is e tr stent ;,and t partners or associates between themselves with respect F 1,1 to the trust property. ' ARTICLE III c I. AT€ AY At LAW k MAIN STMET rat H ANDOW K MA 0 114 " Pi section.. ..... Untilthe 7 ' ./.1+ •�. .•s. . _.. . - •,r., ,,.—�.r+a. . ,.-t.r . . , .. +t *'*`..,�.�w�f, �� �-,�.� 1 -iruar+c'. -.t k Declarant shall all Unite the Con om n umn there al ointe by the Declarant onl one Trustee who shall be a the Declarants there shah at After the sale of all Units by ' oor� istir� f ether ;. a times be a Board of Trustees �... I .Trustee f same owner owns a [fin t s Trustees i different owners own the Una t the event that the Board '- trustee Unit n the r� sham shall consist s other than . entitled t appoint one Trusteed Each Trustee# o be those appointed by the Declarants sham be ether a Unit owner the ant owner's fi .ye f there s b only of a member o one Trustee because all Units are owned by the sane ownerr the provisions f this Trust which contemplate multiple Trustees � provi shah be multiple sets of Unit owners (one for each Unit � and inapplicable for so Iona as all Units continue toe held common ownership. _ Sect ion 1.2 a Mannpr ent-.- o act a - r ustee$ Unit t owner shall give written notice of the appointment to the Unit owner o the other Units in the Condon�in • urnf and suchappointment shall be effective upon the giving of such notice. Sectign.... 3.3. ftzion&tton and ]Remo-vaid& Any trustee may r resign y written notice to the owner of the ant for which he was appointed rovi ec that such resignation shall not be � effective until written notice of it is given to the owner of her Units. Any Trustee may be removed, with r without the of y� y causes b the Owner appointing him, provided that such re� val � shall not be effective until written notice of it is given to the Owner of the other Units. Notwithstanding the foregoingr no appointed b the Declarant, a provided in Section . �'urstee alp �. y F her rof may be removed by any person other than theDeclarant. SA gf !jnjt.L t the ... _tomatic ReMgval UPQ Trustee appointedy b Unit owner skull be automatically removed from office upon the conveyance by such Unit owner of title to his Unit to another partyr and such new Unit owner. Shall promptly appoint a new Trustee for his Unit in the canner provided in Section 3.2 above. f a Unit !Owner shall fail to appoint successor Trustee to replace one F s resigned, died or otherwise is unable to server or if {who h g. new Unit owner shall fail to appoint a new Trustee to replace one ay atidall removed from office pursuant to Section hereof, the remaining ing 'trustees, after giving the Unit owner ten (10) s' advanced not foe f his 'Intention on to 3o so, shall ay , select a the second Trustee any one of the [knit owner of the [knit for which such Trustee is to a appointed. The 'trustee , eict hal then serve as Trustee, unies and nt the nit �:Owner o the unit for which a is appointed removes him and RALPMRAOYCEATTORNIEVA1 LAW appoints successor Trustee pursuant to Section . ereo . v MAIN STREET NORTH ANDOVE A,MA W PS 3A of. r. N s t r u a nt VS I?I WS-41555 Dta-t-grmination. - appointing or removing a Trustee and no resignation of a .....:......... ....:..is x.ek e,.k' - J . y F ., .+�f.r�t#=rry.x•L'—`m'9w-,r 1..-. v. f DiStirict recorded t the a effe tiVte Trustee need u l io off ice to Deeds o any other olusive y rely p n k � egist t the trustees may ion person can under oath that they n Signed persona w state certificates e the Condominium, --- - � �. � of the [ant the one rs f Uch certificate may be are the then Trustees, and ar�� s who are of ees and otherreco , �� the District registry c re son relying appropriate publicoffices* to who are the sent � fixate need make but instead pert in Condominium, hers record of knits statement of the ow entitled to rely upon the sworn shall he person si nir the certificate. r . All ecis .o�ns made r� the ruses muActim st � he t unanimous oonsente a cry taken � dispute the ruses an /or the event of a lisp n provided that tte r to binding settlement owners may refer the mat IUnit Article l hereof. o action the provisions ons of Artie 000raoe the exception thatt (a) one one trustee� f may a taken the card s t consist seat scto� a reo thepowers � � p a eye rc�. a all of one Trustee, such Trust rust one only the 'trustees under this a authority granted to hereof to appoint aursant to Sec Trustee may act Section which such 'trustee is to should the owner the n refer Trustee so and any one- Trustee may represent fail t accordance it said p binding settlement in ' accordance issues Article VIIO - , r No Trustee named or as ereinefoe pro�re whether as original Trustee appointedtote for ar�ote other, shall e r successor to or as substitute o the or surety seur y an bond or y obligated t gig hereunder. performance of anyf his duties - No Trustee shall e CQ R tion + to be compensated for is services as c , although entitled t]. event riuse a the trustees may be aye trustee for expenses hereunder. incur red, by in connectionwith his duties #f No Trustee shall L b-LU i 1 an rr�t one sib liable r or } an circumstances or y action under � 1 assets reason of any F + accountable out of s *p soya o r al low n one omitted in good faith,, o r ; t suffered or ire s ss io o the trust } the other 'fir u to s t o o or more of liable r accountable s F o r s .. ti books or property# stakes of f act or law or � u anent �r honest errors of personal and iireason ul o anything except his r� Imalfeasance and defaults. o S!e gtioi� a Hsu y his o Trustee or oiegr �tiy or indirectly with tk the Trustees A P A.J contracting o dea in shall any such dealing, n ATIORNEY AT LAW t one or more unit Ownersr nor AI STREW Or with nto n respect of i s frost ,� arrangement entered � �► �o�+��, �o oOwner shall why in e, s- an Trustee o Unit �',^ �k�1,5+'$SFY N...✓}.5.'4<: �.I.y+l:}'`:4s:'r.1,'JaY:: t xyr + Interested be avoided not shall any Trustoe or [knit Owner so � dealing -or contracting or being so interested be lia l t ' account for any profit realized y am such dealing, contract arrangement b reason of such 'trustee'a holdingoffice r o the fiduciary relation hereby establis' e o or by reason of such Unit Owner s sta'tuse provided the trustee or Unit Owner shall . +y act in good faith and shall disclose the mature of his interest before the dealing, contract or arrangement is entered into, t Section... - 3,1295 Tademnifleation nf Trus.teen., The Trustees t shall be entitled to indemnify all out of the trust property and in the execution of their duties hereunder, including without limiting the generality of the foregoing, liabilities and fines. ARTICLE lv Banef iclarles- and the BengfigigL1 int!ejest -in, the Trust Segtion tals The Ben-ef lalarl-ez, 1� The beneficiaries shall be the Unit Owners of the Condominium. The beneficial interest in the Trust hereunder shall be divided among the Unit Owners in the following percentages + UNI _E OF BENEFICIAL _ S . r Segtion 4.2a ExerCjsC. ..of.....Benef..jcia1 Tnterest,, The bene- ficial interest appertaining to each Unit shall be held and exercised as a unit and shall not be divided among several owners of any such Unit. To that end p whenever any of the Units is owned of -record by more than one person, the several owners f such Unit shall a determine and designate which one of- such owners shall be authorized and entitled to cast votes,. execute ' instruments and otherwise exercise the rights appertaining to such Unit hereunder and notify the Trustees f 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 charged at any time and from time to time by notice s aforesaid, n the absence of any such notice of des*gnat ion, the 'rustees may 'F designate any one such owner for such purposes. ' ARTICLE v The provisions of Article v shall l the By RALPHR.JOYCE saws the * -"Laws f this Trust and the organization of ATTORNEY AT LAW [knit Owners extablished hereby. 96 MAIN STAMET W>RT14 AN DOVE FL MA 0 1845- � �����ara­ of Trustaeu The Trustees shall have the power necessary for the administration of the affairs f f . i o all such acts and thLngs in the Cooil &rid may � connection tereLthr exceptby law o y the Master Deed of ' M1. not t the Trustees. The power i these y as ► � t 1 . sae ties o the Trustees ► include# Ali � l m ted tot the foblowing (a) erto , care keepare management o the common cil .ties o the CondomLnLu1 or any part Areas and ,. thereofs (b) Conducting tLg t ios as t a t t e r LnvolvLng the common Areas and aoHites (c) Determination and budgeting of the common expenses required for the affairs of the Con (d) Collection of the common expenses from theUnLt N Owners; (e) � � to ent and dismissal o the personnel necessary management o the � for the operation, care, upkeep and g Common Areas and Facilitiese including without iLmftation the employment of a manager or managing agent; (f) d ti i it bark accounts n behalfo the opening a g Trust and designatL g the signatories required therefor; (g) obtainLng o Lns ran a pursuant to the provisions o theseBy-Laws; Making o re a rs, additions and improvements to or � h) � g ties and . ateaton o the Common Areas and Face repairs to and restoration o the Condominium making si.on o property* n accordance with the other o�t these By-Laws, after damage o destruction k fire or other � casalt r as a result o condemnation o . eminent domain rooeeings os and r , o or r ors s i ng r (L) gat g , tin all obligations incurred and rights adjusting , acquired in the administration of the rust • deice of counsel and relying thereon, and obtaining{ such other } employing, appointing and remo persons� g g a ents# managers, officers, brokers, . t} employees, servants and engeers� architect sir ��r i saki a and defining i assistants as they shall deems � respective duties and pay compensation; their Provided, however, no Trustee steal be field RALPHR.JOYCE personally iaie for {} the act or default o any such ATTORNEY AT LAW person; and i MAIN STREET NOAYH ANDOYEA.MA 0144 (k)s Adoptingam . istrative rules and regulations , f governing t detail$ ()ftheoperation and x . . Common Areas and Facilities* i nt ,jar italm- The Unit of 11n Begtion 5.02M en Owners shall responsible for the proper maintenance and $ their respective Units* - - � repair of I M A r..of COMMn a r RgctiQn. 5.'3,.-.,Maintenang9.=d R2 The r eof.-.- subject ion and Allsessment Of to the provisions o Section . e reo with respect to the Limited Common Areas ar aci al itiesp the Trustees beor the proper r maintenance and repair ; responsible for arranging � of the Common Areas and Facilities. The Trustees may approve for such work and the expenses o such , payment o vouchers4 . the Unit and repair shall a assessed to .t owners a maintenance rovie , common expenses as provided in Section . ere ance or repair work in a given instance is owever� rote �'ted the negligence or misuse o unit owea r the { necessitated air work shall � expense assocsate with such maintenance rep e as Besse to such knit Owner alone. Section Maintenameg Rey>&Jr.- --and Improvement nf LiM1*t9d---- C!QMMon Az:eas and.FaCilitieSs. A. each Unit Owner sh all be responsible, at his own expense formaintaining and repairing the Limited Common Areas appurtenant o his unit, so a to keep them in and facilities quit good order and condition at all t me s in the event er orm such maintenance work or Owner fails to make such repairs to his Limited common Areas and Facilities after thirty i tten notice o the need for the same is given to him(30) dais r notice from the r st est or immediately upon written . � us the Trustees n case o emergecyp the Trustees may enter and perform such maintenance work or make such repairs,, the expense aid said Unit owner. Any expense to e o is shall p � able paid by the (ie r pursuant to this Section 5.4 shali be pad to the Trustees on demand as a common expense e i stani the foregoing provisions o this Notwithstanding , to., the cntra p i repair or restoration o a Unit s Section � damage Limited Common Areas and Facilities is made necessary r or destruction ruct iunderon resulting from ire or , other casualty r 'Itakingthe powers o neat mathe provisions o .,Section . hereof shall control and the repair and restoration �'word had heperformedin accordance with the teas thereof. : S k 'e t ied b the prov' on the o such restrictions and limit t o s as are �}; . �cluding, without limitation, rut and the Master deed, Pthose set forth i Paragraph of the Master Deedt each Unit owner shall have the right to '- improve the Limited common Areas and Facilities appurtenant t A,JO E - lace and install personal property and � � his Unfixturesit and t p TIo YAT" thereon and therein* l uc 1 m rovem is personal and fixtures shall remain the property o unit owner i rWH A DOVIA.MA01 property o "ed such "ISM-14"s who makes and instal is theme and they may a rep I t owners successor irtlr t any tin and from 4� 'x time to time provided that he promptly repairs and damage + caused thereby. Prnfita and Funds.. 5 Common Expe see - , ' A The Unit -owners shall be liable for common expenses and entitled to common profits of the Condominium in proportion to their respective percentages of beneficial interest as set forth in Article IV hereof. At least thirty days prior to the commencement of each fiscal year of this 'gusty the Trustees shall estimate the common expenses expected to be incurred during such fiscal ear# together with a reasonable provision for contingencies and reserves, and after taking into account any undistributed common profits from prior years, shall determine the assessment r to be made for such fiscal year. The Trustees shall promptly gender statements to the Unit owners for their respective 4 shares of such assessment, according to their percentages of beneficial interest in the Common Areas and Facilitiest and the F amount shown on such statement shall, unless otherwise provided � thereing be due and payable within thirty days after the same is rendered. In the event an annual assessment is not make as above required, an assessment shall be presumed to have been made in the amount of the previous year' s assessment. In the event that the Trustees shall determine at any time during any fiscal year that the assessment so made is less that the common expense actually incurred or in the reasonable opinion of the Trustees liy to be incurred, the Trustees may rake one or + more supplemental assessments and render statements to the Unit - Owners for such assessments in the same manner as is done for annual assessments* The Trustees shall insofar as is fea s i.ble, provide for payments of statements in monthly substantially equal, installments. The amount of each such statement, together with interest on that amount, if not paid when due, at ; the rate of .twelve 12 percent per annum, shall constitute a lien on the Unit of the Unit owner assessed as provided in section 6 of Massachusetts General Laws, chapter lA. C. No Unit owner shall be liable for the payment of any part of the common expenses assessed against his Unit o the time a transfers record title to his Unit. ,,, subsequent thereby Each new Unit Owner, by taking title to his Unit p shall th � y assure and become personally liable for the payment of all { unpaid common expenses assessed against such Unit prior to his ... acquisition by him, except that any purchaser at a foreclosure � ,, sale of the first mortgage or transferee by deed in lieu of � such foreclosure, r any purchaser fromthe first mortgagee f 1� a Unit should the First mortgagee purchase t the said AOYCE ,; foreclosures sale or. acquire title such a deed in lieu of A 14E AT LAW �� foreclosure, shall not be laib .e for the payment of assessments A MAIN STREET unpaid and dUe as of the time of his acquisitiong but he shall NCWTHA N DOV ER,M A 0 1846 be liable for assessments becoming dine thereafter. t a �a } Oyu h+"YKMrl hL.Y4 filr.:v'wL fL'.� F,...i i.+4 •.'{ . -.. •'__ t-.+r.. _+r.r'.w.- _ • _i 1 K yFrr. r r w�f # 4 i Do In the event of default by any Unit C*ner in paying to the Trustees the common expenses charged against his Unit# such 'nit owner shall be obligated to pay all expenses, including . attorneys' fees# incurred in any proceeding brought to collect such unpaid common, a penses. . E. The TrOstees shall expend common funds only for such purposes as are permitted hereby and y the provisions of Chapter 183AO Sgat,jon IJA Certif icatg,. th. Respect, to Un-Vaid. MMOn �o Unit owner shall conve , mortgagee sell or lease his Unit unless and until he shall have paid in full to the Trustees all unpaid coon expenses theretofore assessed by the Trustees against his Unit# together with the interest due thereon and any costs of collection associated therewith. Within ten 1 business days after receiving- an appropriate 'request f rom a Unit ownery a purchaser of a Unit under written contract of sale therefor or a Unit mortgagee addressed to the Trustees# the Trustees shall supply a certificate in recordable -form stating the amount of any unpaid common y expenses including interest . due thereon and costs of . collection associated therewith attributable .to the [knit. Upon recor-ding of such a certificate, the amount of any unpaid assessment stated therein shall he conclusively established as of such date in favor of all persons who rely thereon, such certificate may he recorded at the District Registry of Deeds and other appropriate public offices* Ser.tign 5*7 Rgbuildina, Regtgutioa ..and condemnationA. n the event of damage to or destruction of the Common Areas and Facilities of the Condominium as a result of fire or other casualty unless the - loss to the Common Areas and Facilities exceeds ten 1 percent of the value of the ondominlum prior to the casualty and all of the Unit owners do not agree to proceed with the repair or restoration as described in paragraph E. of this Section) or in the event of damage to or destruction of any Unit as a result of f ire or other casualty, whether or not the Common Areas and Facilities have been damaged or destroyed (unless said paragraph E of this Section is app .ica le) # the Trustees shall promptly adjust and collect the loss, arrange for the prompt repair or restoration of the damaged areas, and proceeds d disburse the of all �. 4 insurance policies in payment of all costs and expenses actually incurred in. connection with such repair or restoration in appropriate progress payments and with appropriate ALP F�.JOYCE retainage. F ATTORNEY AT LAW •S MAIN TREFET . The Trustees may perform emergency work essential t WMTHANDO► R MA 0160 the preservation and safety of the Condominium or the safety of persons# or required to avoid the suspension of any essential L 7 • 1 r Y 1 f 4 to the ndoi ism without having first adjusted the Bery ice lose or obtained proceeds of insuranco the total. cost o repair or c�, the event that �. � � o has . o independent .._. .�. restoration s estimated i avar o determined during the course orpa appralsal� ie insurance ;. res toratio exceeds the total sum Trustees shall allocate the available proceeds, then the r Common Areas and aci .ities andUnits rceeds to � (or Unit) in proportion to the estimated cost of repairing or shall assess levy or charge al Uri restoring ao . an a a .r o a common ex ense# the amount estimated to p � wners� as ecesa the t the Common Areas and ci l i�t ies { restore � . insurance proceeds available therefor and shall assess, levy or of a Unit in whic a loss has occurred for charge tie nwe (s) . o repair or restore said Unit or Units in the amount estimated i . excess o the insurance proceeds available therefors Do if fall have been repair or restoration pursuant there s the amount e foregoing of this Section . an to of insurance proceeds shall have exceeded the cost of such repair or r estoration# then the excess o such insurance e divided into separate shares for the Trust proceeds sly ion the the Unit owners o the damaged Units# in proportion f the damaged respective costs of repair r or restoration rep and Facilities and of each damaged portions of the common Areas each • then a aid over o the Trustees and/or Unity t� and shall l p a such Unit owner entitled to -.a sharev loss t the Common Areas andFacilities due to a a toof exceeds ten (10%) percent of the value casualty the Condominium immediately prior to such loss and if within one hundred twenty (120) days after the date of such loss, the Owners of both of the Units do not agree to proceed with repair or restoration, each unit Owner' s proportionate share of the • with respect to the Common Areas and nsrar�ce proceeds ties together with the portion of the insurance proceeds, aoili allocated to his Unit as a result of aloes to such knit due to ' the casualty shall, t the extent permitted law, a paid der of the first mortgage on such Unite if ar up first to the of a t rein not n excess oft the amounts remaining du r toy u and thereafter to the Unit owner and the Con o ► i shall be 1'subj et t partition and the net proceeds of apartition sale It coon funds of the Trust (adjusted for insurance 4togeter with proceeds paid or payable t mortgagees as aforesaid shall e divided all as r � provided law, distribution thereof to be ma�d4 � : a holders o the first mortgages o nitst if ayr ; rst to t iand } extent of the amounts remaining i n rig due thereon, - the thereafter to the Unit owners* k rt event o a taking of all or panto the 5RALPH JOYCF- P., In der the powers of eminent domain# the provisions ARY t LAW Condon u if 0b1�1AINSTREEI of Paragraphs A through o this Section 5•7 shall apply as : NOt14A MA01 casualty t doss, with the proceeds o the � s the taking were taking award being treated in the same manner as would the a t 4 J k ♦ J t merit Provided, however x. proceedsa r settle rf the r: . talon award ec is �. .y allocates car a n sage being ` attributable to the Common Areas and Facilities and/or { articular Unitor such allocations shall be used in allocating the proceeds pursuant to the provisions of said Paragraphs F through E. Sect J Qn-.-5 8 im-DrQmgmentg to CommorL.....Areas and Facilitie-MA. _ - r i i i 3 f and whenever the Trustees shall propose to make any t improvement to the Compton Areas and Facilities, they shall, obtain the written consent of Unit Owners to such proposed rove rent p rior to co mencin any w r w respect thereto and the cost of such improvement shall a assessed as a common , � expense. evert a improvement may a jade and the cosh thereof assessed to only one Unit Owner if all Unit Owners assent to tLe proposed improvement in writing, with one Unit Owner then agreeing in writing to pay all the costs associated with such improvement. Section 5.92- .., Insu"ncg... A. The 'trustees shall obtain and maintain, to the extent F. k� obtainable, : a master policy of insurance providing fire and extended conve a a insurance insuring the Condominiumf including, without limitation the Common Areas and Facilitiest all of the Units with all fixtures, additions, alterations and k improvements hereof, but not including any furniture, furnishings# household and personal property belonging to and owned by individual Unit owners, in an amount at least equal to the full replacement value thereof as determined by the Trustees not less frequently than on the renewal date of the policy) # without deduction for depreciatione In determining { full replacement value, the Trustees may reasonably rely upon the advice of the insurer or , their ,insurance agent* such insurance shall name the Trustees as insurance Trustees for the benefit of all [knit Owners and their mortgagees, with lose payable to and adjusted by the Trustees as Insurance Trustees in accordance with the provisions of these yaws. B. Policies for such casualty insurance shall provide i that the insurance company waive any right of subrogation against the Trustees and heir agents and employees and the i nit Owners and their respective employees, agents, tenants and liguests; ( ii that the insurance shall not be prejudiced by any t] act r neglect of any Unit Owners o occupants of a Unit or any :, other person r firm (including employees and agents of the � i Trustees) when such act or neglect is not within the control o I the Trustees or unit Owners collectively) ( iii) that such 11 policies may not be cancelled or substantially modified without at least twenty 2 days' prior written -notice to all. Unit # LPN A.JOYCE Ownrs and mortgagees of Units to whom certificates of insurance ATTORNEY AT LAW have been issued; (iv) that recovery thereunder shall not be 40AT H N DOWE A.MAot6ft affected on account of the availability of proceeds under any s policies obtained by individual Unit Owners covering their own y i F f nits and v) if availablet that the company shall waive any right it may have under the poi icy to repair or restore damage TO should the Unit Owners elect to terminate the Condomin . because of such damage. C. The Trustees shall also obtain and maintain, to the extent obtainable public liability insurance such limits as the Trusteea mayl from time to tune, determine but i no case less than a single limit of $3000000.00 for injury or } death to one person and for injury or death to more than one person in the same accident and a limit of $50,000.00 for , damage to property, covering the Trustees and each Unit Owner � with respect . to liability arising ou 1. r of ownership# maintenance r repair of the Common Areas and Facilities including the � Limited Common Areas and Facilities) , such insurance to provide cross liability coverage with respect to liability claims of any one insured thereunder against any other insured thereunder; and i such other insurance as the 'trustees may from time to time deem to be desirable or appropriate, including# without limitation, fiduciary liability insurance � and workmen's compensation insurance. D. The Unit Owners shall carry insurance for their own benefit . insuring their carpeting or other floor coveringf wall coverings, furniture; furnishings and other' property located { within heir respective Units, provided that all such policies {. sail contain waivers of subrogation, and further provided that Eye the liability of the carriers issuing insurance obtained by the R4 Trustees shall not be affected or diminished by reason of any such additional insurance carried by any Unit Owner* Ee Each Unit owner shall have the duty to report ipanediately to the Trustees any im roveme is made to his Unit in excess of One Thouand $1, Dollars, , so that the .i Trustees may increase as necessary the amount of insurance coverage required by these y-Laws, and the Unit Owner making , the improvement shall pay the cost of the additional insurance coverag if any# resulting therefrom. Sectiom 5.,1.0 fie e t i n 9 a �F f, i ,6 Unit wn _r ....., There shall be an annual meeting of Unit . Owners on the first fond of uneir 'at y .m. at the Condominium. Special meetings (including a meeting in lieu of a k . 4 passed annual meeting) of the Unit Owners may be called at any time by any Trustee and shall, be called by a Trustee upon the y written request of the owner of any Unit, rr.'tten notice of any {il such special meeting designating the place, day and hour thereof shall be given by the person calling the meeting to all Trustees and the owners of all Units at least seven days RALPH A.J E � prior to the ''date so designated. At the annual meeting of the ATTORNEY AlLAW Unit Owners the Trustees shall submit reports of the management MAIN STREET and finances f the Condominium. Wbeneve r at any meeting the � NORTH ANOOV .MA 0 14645Trutees proposeto submit to the Unit Onners any utter with respect to which approval of or action by the Unit owners is l a I M IF * t # _ necessary a or itg the notice of such meeting shall .. reasonab eoi A action taken by the Unit . t owners must be by unanimous consent* aF + B The Trustees shall meet annually* on the date of the annual meeting of the Unit owners and at such meeting may elect such officers as they deem expedient. other meetings may be` called by any Trustee# provided that notice o ; each such other meeting stating the place, day and hour thereof shall be given at least two days before such meeting to the other Trustees* All action taken by the Trustees must be by .unanimous consent. . ,Y �• Every notice to a Unit owner required under the provisions hereof, or which may be deemed by the 'trustees necessary or desirable in connection with the execution of the Trust or which may be ordered in any judicial proceedin ► shall be ' 1, deemed sufficient and binding if a written or printed copy of such notice shall be given by one or more of the 'trustees or � Unit n rst as the case may be, to such Unit owner by leavingf� such notice r mailing it postage prepaid and addressed to such Unit onw r? at his address at the Condominium, unless such Unit � owner has designated in writing to the Trustees some other address for the receipt of notices. agcti!Dn. ... -K-122 Inspegtion of kal Re t g .11n i t i� Books, accounts and records of the Trustees and of the r; organization of Unit owners shall be open to inspection by any }}Ft P one r more o the t stees� the Unit owners and any fir , mortgagee at all reasonable times. The Trustees shall,, as soon - } as reasonably possible after the close of each fiscal year, or more often convenient for them# submit o the Unit ow rs a report o the operations o the Trustees for such year, which report shall include financial staeets in such summary forte and in only such detail as the Trustees shall deed propere Any person who has been furnished with such report and shall have failed to object thereto by notice in writing to the 'trustees J (Ji yen by ce rt i fed or registered mail within a period of three (3) months after the date of its receipt by his shall be deemed } to have assented thereto. Checksm Ng,t-esg Drafts, and-QULes Inatriame La 1! tea drafts and * other instruments, for the �' Checks, notes, 1 o d th names of the 'trustees � payent of money drawn or end use in e } or of the Trust must be signed by all Trusteesp unless all LPHA.JOYCE �ITruste'es by written Instrument delegate such authority to one ; ATTORNEY AT LAW of their number. ction Vaal Xem 1E7 0 � C- 4 a Y ' i T ..} � .... y. i . r. ....*• .tt.... .+Yrw t i • .. t.. .ter. tea.- --• t i 1 The -fiscal Yeat # of the Trust shall be the year ending December 31st. #. fiectim 5sl5a, Ru es and Reculati The Trustees shall have the right at any time and from time t to time to adopt adoptj amend and rescind administrative rules x, and regulations governing the details of the operation and use of the Common Areas and Facilities. Such rules and regulations #. and any changes therein shall become effective upon copies thereof being giVen to the Unit owners. ARTICLE v Rights and Oblicationa of Third Par s Dealing-, jjith the 2!rUStVgj Section, �6 d, No purchasers mortgagee, lender, or other person dealing with the Trustees# as certified to then by the Unit Owners in . accordance with Section 3.6- hereof, shall be bound to ascertain or inquire further as to the identity o . said Trustees or of any charges therein. .The receipts of the Trustees t or any one or more of theme for money or things -paid or delivered to them or him shall be effectual discharges �. therefrom to the persons paying or delivering the same# and no person from whom the Trustees$ or any one or more of then, shall receive any money# property or other credit shall be required to see to the application thereof. No purchaser p r ortgageer lender or, other person dealing with the 'Trustees or . J .with any real or personal property which then is IDr formerly ; was trust property shall be bound to ascertain or inquire as to the existence or occurrence of any event or purpose in or for which a sale mortgage, pled a or charge is herein authorized, or drectedp nor otherwise as to the purpose or regularity of any of the acts of the Trutees purporting to be done in pursuance of any of the provisions or powers herein contained, ,.nor as to the regularity of the resignation or appointment of -. any Trustee, 4 ' is e 9 t,���.. No recourse shall at any time be had under or upon any notep bond, contract, order, instrument, F�certificate underta in f obligationp convenant or agreement$ ,whether oral or written, rae, issued or executed by the Trustees or by any agent or employee of the Trustees# or b :Jeason of anything done or omitted to be done by or on behalf RALPH R.JOYCE of them, against the Trustees individually* or against any such ATTORNEY AT LAW agent or employee, oc against any beneficiary# either directly } MAIN STREETlor indirectly indirectly# by legal or equitable proceedings, or by virtue W)ATH ANDOVER.MAOid" of aby suit or otberwisel and all persons extending credit to contractingwith.-or having any claim against the Truteez# shall x G.tL. �ti4 � 4ro m,,vvW ' f a r4 t.#.ro doorw t�--4 ''�r{�d 1 J . .-.. ra ti' -1 a'skrw.... r . .s.+.4•.r-..-, .rt•#aw n:yn.. .- V. Ilei dr ook only to the trust property payment contract -. r lair or for the meat f any debts damages judgment or ec ree r or of any money that may otherwise become due or ayable to them for the Trustees# so that neither the Trustees or the beneficiaries* present or future, shall be personally liable therefo provided, how verp that nothingherein contained shall.. be deemed to limit or impair the liability -of Unit owners under provisions of Chapter 183Ae Bection..I.3-it- Every voter bond, contract# order, linatrumentgcertificate, underta in obligation, covenant or agreement, whether oral or written, made, issued or executed by the Trustees, or by any agent or employee of the Trustees, shall be deemed to have been entered into subect to the terms, " conditions, provisions and restrictions hereof, whether or not express reference shall have been made to this instrument, ARTICLE VII i..Q oc u� � • � n the; event of a dispute a between the owners of the Units o b between the Trustees as to any matter involving this Trust, the Master Deed and the Condominium generally# either of the disputing' parties at his option mays (a) Refer the matter -to binding arbitration by sending written notice requesting arbitration to the other parties, which notice shall name one arbitrator who shall be an attorney licensed to practice law in the Commonwealth of Massachusetts, Within fourteen l calendar days after receiving such notice, the other parties shall by written notice to the requesting r party name a second arbitrator who shall likewise be an attorney lic nsed to practice law in the Commonwealth of Massachusetts, failing which, the first arbitrator appointed shall appoint such second arbitrator, if the two arbitrators thus appointed are unable, within fourteen (14)' calendar days. after the date of the appointment of the second arbitrator to e appointedp to agree upon a settlement to the ipute they shall then appoint an impartial third arbitrator within twenty (20) calendar days after the said date of appointment of. the second arbitrator. The third arbitrator need not be an ,attorneys but he shall be someone who i qualified by his .profession to deal with the matter in dispute. f the two =arbi.trators cannot agree on a third arbitrator and if they fail. � ,.to act to appoint him within said twenty 2 days per odo then . either party may apply to the Superior Court of Y County for the appointment of the third .liarbitrator, The thircl arbitrator shall within fourteen (14) ' ld d after his ointment rude h decision RALPH R.JOYCEr-caenar �s on in theATTOR ATTORNEY Al LAW '1dispute. The decision of the arbitrators whether it be by AI TART agreement of the first two arbitrators or# failing which# b the decision of the third arbitrator* shall be conclusive and �• � binding upon all parties to the disputer and any such decision It J { xti shall b - enforceable ' by any court of competent jurisdiction. rt Each party shall pay for the fees and other costs of the arbitrator appointed by him or for him should he fail to duly make the ointment , and the fees and costs of the third r' arbitrator shall # be shared equally by the parties. Except as otherwise herei6 providedo the arbitration shall be conducted in accordance with the rules then in' effect by the American Arbitration Association. (b) Commence an action in either the District Court or Superior Court of County to decide the atterr with such notice being given to the other parties as the Court may order. The fees and costs associated with bringing the matter to court and prosecuting the court E proceedings shall be paid as the court ore r s$ and in the absence of such an order# shall be borne equally by the parties. + ARTICLE VII Amendment and Ter tion Section 8a is .m � This Trust and the ' y aws herein contained may be amended, altered or repealed only by are instrument in writing signed by persons who under oath affirm themselves selves to be the Owners of all Units and then recorded with the District Registiy of Deeds• Such . instrument, so executed and recorded, shall be conclusive evidence of the existence of all facts and of compliance with all prerequisites to the validity thereof# whether stated in such instruments or not, upon all questions as to title or affecting the rights of third persons, and for all other purposes. _ _.. . . _ . . section.l ,.2, miatioj]*. The Tust hereby created shall terminate- only upon the first to occur of the following a the removal of the Condominium from the provisions of Chapter 18 A in accordance with the procedure therefor set forth i said Chapter 1A, or b by agreement of the owners of all Units as provided in Section 8.1 hereof# provided that such termination shall be assented to in writing by the holders of the first mortgages of record with respect, to all Units, .Ion the p termination of this Trust, the Trustees may, subject to and i accordance with provisions ofp Chapter 18A# self. and convert i } into money the whole of the Trust property or any part or parts thereof# and, after paying or satisfying all known liabilities F. and obligations of the Trustees and providing for indemnity . ' against any other outstanding liabilities and obligations, shall divide theproceeds t among, distribute AT LA n { 06 MAIN TRIEIr kind# all other property then held by them in trust hereunder NORTH ANDOVER,MA 01601 # a -45 to the Unit owners as tenants in common. according to their respective perctagea of beneficial interest hereunder. All k r. f r 5 f L f,F f valuations made the Trustees shall a conclusive. n main # v � :4 any sale under this provisone the Trustees shall have power to 1 sell by public auction or private contract and to buy In or {} and to resell without or vary any contract of sale ,xbeing answerable # fot loss and, for said purposes, to do all ` things, including the execution and delivery of instruments# as may - by their -performance tie of be shown to be in their judgment necessary or desirable in connection therewit a The powers of sale and all other powers herein given to e Trustees shall continue as to all property at any time remainingn their hands ownership, even though all tires herein fixed for distribution of trust property may have passed. ARTICLE IBC Construe io n—and Kaiy In the construction hereof$ whether or not so expressed, words used in the singular or in the plural respectively include both the plural and the singular, words denoting males � include females and words denoting persons include ind .vi.dualsl firms, associations, companies joint stock or otherwise) intention i s to be trusts and corporations unless a contrary i inferred from them or required by the subject matter or contexts The tide beadings of different warts hereof are { inserted only for the convenience of reference and are not to control or affect the meaning, construction# interpretation or effect hereof* All the trusts, pourers and provisions herein contained sa .l take effect and be construed, according to the laws of the Commonwealth of Massachusetts* Unless the context . otherwise indicates words defined in Chapter 1 Aw shall. have � � the same meaning herein and to the extent of any conflict between the terns hereof and the requirements of said Chapter fall ov me The invalidity of any part of 1 , the latter s � this Trust shall. not 4impair or affect in any manner the validity validity# enforceability or effect of the balance of this gusts No restriction, condition, obligation or provision contained in this Trust shall be deemed to have been abrogated or waived by reason of any failure to enforce the same, irrespective of the number violation s or reaches thereof , which may occur. ARTICLE Daz The right of any unit Owner to vote, to grant or withhold R LPH .JOY {i any consent or approval, and to exercise any other right or ATTORNEY ATLAW option herein granted to a Unit Owner, may be assigned or MSTAVE1 transferred in writing to or restricted in favor of any mortgagee under a mortgage covering that Owner's Unit, and the trustees and all other persons shall be bound by any such t / � assignment transfer of which they have actual written notice, r IN J } WITNESS WHEREOF, said s Trustee has hereunto set hand and seal on the day and ye ► 'first o e'- r tten* 5 COMMONWEALTH OF MASSACHUSETTS s1911 Then personally 'appeared the above named and acknowledged the foregoing instrument to be free act and deed# before# mep _ Notary Public y comet i s s ion .e r s r i 4 {� r i{ f 4 ATTORNEY AT LAW MAIN STREET ORTH A DOVER.IDEA 01 { F