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HomeMy WebLinkAboutFORM I (2) (Rage 1 of 2) FORM I COVENANT Know all men by these presents that whereas the undersigned has submitted an application dated,±' A( _R ZL_, 1916, to the North Andover Planning Board for approval of a definitive plan of a certain subdivision entitled M AAALe /2 a.h6 and dated (Ah " 13 , 19 d' , and has requested the Board to approve such plan without requiring a performance bond , NO`,f THEREFORE, THIS AGREEMENT WITNESSETH that in consideration of the North Andover Planning Board approving said plan without requiring a performance bond , and in consideration of one dollar in hand paid , receipt whereof is hereby acknowledged , the undersigned covenants and agrees with the Town of North Andover as follows : 1 . The undersigned will not sell any lot in the subdivision or erect or place any permanent building on any such lot until the construction of ways and municipal services necessary to serve adequately such lot has been completed in the manner specified in the aforesaid ap-olication, and in accordance with the covenants, conditions, agreements, terms and provisions thereof. 2. This agreement shall be binding upon the executors, admini- strators, devisees, heirs, successors and assigns of the undersigned . It is the intention of the undersigned and it is hereby under- stood and agreed that this contract shall_ constitute a covenant running with the land included in the afo.,^csai.d ub- division and shall operate as restrictions upon said land . It is understood and agreed that lots within the subdivision shall , respectively, be released from the foregoing conditions upon the recording of a certificate of performance executed by a majority of said Planning Board and enumerating the specific lots to be so released,, all as provided by Section 81-U, G.I . c. 41 3. The undersigned represents and covenants that undersigned is the owner* in fee simple of all the land included in the aforesaid subdivision and that there are no mortgages of record or wise on on any of said land , except such as are described below and subordinated to this contract , and the present holders of said mortgages have assented to this contract prior to its execution by the undersigned . *If there is more than one owner, all must sign. (Page 2 of 2) FORM I IN WITNESS WHEREOF the undersigned , applicant as aforesaid , does hereunto set his hand and seal this APRik /6 day of , 1974. Received by Town Clerk : Applicant•, s signature �- Applic is address 21 Q #T'140 Owner' s signature and address if not fa the applicant Description of Mortgages : e Give complete names and Registry of Deeds reference . Assents of Mortgagees : _ COMMONWEALTH OF MASSACHUSETTS ASSt ss _ ` /� , 1926 Then per.-+onall,y appeared the above named ,IcJ-0PA 1, �li and acknowledged the foregoing instrument to be free act and deed , before me . of commis on expires , Record.ed May 791976 at 3:31PM #3325