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HomeMy WebLinkAboutForm I - Covenant - - 166 SALEM STREET tyORTH "► bb ' '. d 0 ,31 Z. 0 _ si e.e�''L.9 Fa r- 3 r► a 0 COCHIC*i w.c" 1 S�1CHUS PLANNING DEPARTMENT Community Development Division FEE Form I COVENANT ............ .......... KNOW ALL MEN BY THESE PRESENTS THAT WHEREAS the undersigned has submitted an application, dated � pp tJ� ,200 to the North Andover Planning Board for approval of a Definitive Plan of a certain ^ubuivikon be^rinr the rya^ire of ''�' �"" '. -' f �., ands has requested that the Board approve such plan without requiring a performance bond, THIS AGREEMENT WITNESSED THAT, for the consideration that the North Andover Planning Board waive the aforesaid requirement for a bond, the undersigned covenants and agrees with the Town of North Andover as follows; 1. The undersigned will not sell any lot until the work on the ground necessary to serve such lot adequately has been completed in the manner required in the aforesaid application, and i n accordance with the covenants, conditions and agreements thereof, (except for the following particular items of work: the performance of which shall be exempt from h. . p p to conditions of this contract); PL AT- AS j) F��15 qJ M A kc 14 - to 160 2. The undersigned agrees to record this agreement in North Essex Registry of Deeds as required b the Rules and g rY q Y Regulations of the North Andover Planning Board. 3. The undersigned agrees that this contracf shall be binding upon his/her heirs, executors, and administrators and particularly upon any grantees of the undersigned. It is the intention of the undersigned, and it is hereby understood and agreed, that this contract shall constitute a covenant running with the land. Lots within the subdivision shall respectively be released from the foregoing conditions 9 g hereof upon the recording of a certificate of performance executed by a majority of said Planning Board which certificate 1 Y g shall enumerate the specific lots to be so released, There are no mortgages of record or otherwise on any of the land in the aforesaid subdivision except as described below and the present holders of said mortgages have assented to this contract prior to its execution by 9 the undersigned. IN WITNESS WHEREOF, the undersigned, applicant as aforesaid, does hereunto set his/her hand and seal this day of t`�1r , 20 ... Page 1 of 2 1600 Osgood Street,North Andover,Bldg.20,Suite 2-36 Planning slept.,Massachusetts 01845 Phone 978.688.9535 Fox 978.688.9542 web www.townofnorthandover.com Edited 7/30/2007 Description of Mortgages (Give complete names and Registry of Deeds reference): Mortgage dated October. 26, 2007 to Northern Bank & Trust Company in the original principal amount of $800,000.00 recorded with the Essex North District Registry of Deeds in Book 10952, Page 189. Assents of Mortq aqes Norther nTc & Trust Comp By: n Marquis, �Vice President COMMONWEALTH OF MASSACHUSETTS Date ►�►A y o2 5' 07 b l l �y'AN ice. CANtL' C.i SAt.f/v 'f P 'nt na Then personally appeared the above-named f u�t�v �.-���-�'�� and acknowledged the foregoing instrument to be his/her free act and deed before me. Notary" ublic LINDA SAITTA M Commission Expires: i NOTARY PUBLIC Y p OMMONWEALTH OF MASSACHUSETTS MY COMMISSION EXPIRES 03/29%2013 Commonwealth of Massachusetts Middlesex, ss: On this day of 2011,_ before me, the undersigned notary public, personally appeared Kevin Marquis, Assistant Vice President of Northern Bank & Trust Company, proved to me through satisfactory evidence of identification, which was personal knowledge, to be the person whose name is signed on the preceding or attached document, and acknowledged to me that he signed it voluntarily for, its stated purpose, i such c aity. Notat ublic $HARON L RUSSELL djMy NOTARY PUBLIC COMMONWEALTH OF MA5SACHUSETTS COMMISSION EXPIRES JANUARY 27,2011 Page 2 of 2 1600 Osgood Street,North Andover,BIdg.20,Suite 2-36 Planning Dept.,Massachusetts 01845 Phone 978.688.9535 Fax 978.688.9542 Web www.townofnorthandover.com