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17D-081 Forbearance Agreement recorded 4_2_2014 Garfield AveBit: 11613 Pg: 248 I I III I 2014 IIII III IIII II III II I VIII II Bk: 11613P9: 248 Page: lot 2 Affected Premises: Reowded: 04M2014 12:54 PM Lot IA in Plan Book 229, Page 23 One Garfield Avenue Northampton, Massachusetts FOREBEARANCE AGREEMENT The parties to this Agreement are the following: PIONEER VALLEY HABITAT FOR HUMANITY, INC., a Massachusetts Non - profit corporation with an address at P.O. Box 60642, Florence, MA 01062 ( "PVHH'% and the CITY OF NORTHAMPTON, a municipal corporation with a principal place of business at 210 Main Street, Northampton, MA 01060 ("City„). WHEREAS, PVHH and the City are parties to an "Agreement Regarding Garfield Avenue Extension,' dated January 4, 2010 and recorded in the Hampshire County Registry of Deeds in Book 10068, Page 34 ("Extension Agreement "); WHEREAS, PVHH and the City are parties to a "Declaration of Restrictions, Easements and Covenants" dated June 29, 2010 and recorded in the Hampshire County Registry of Deeds in Book 10222, Page 285 ( "Declaration "); WHEREAS, the Extension Agreement provides that PVHH shall construct a roadway in compliance with municipal requirements on or before December 31, 2010 on land designated "Parcel G" on a plan of land recorded in said Registry in Plan Book 222, Page 10, said roadway to be accepted as a Northampton public way (the "Roadway "); WHEREAS, that the Declaration provides for the assessment of maintenance fees for the Roadway against the owners of Lots 1, 2, 3, 4, 5 and 6 on the aforementioned plan; WHEREAS, the City is the current owner of certain real property shown as "Lot 1" on the aforementioned plan; WHEREAS, both the Declaration and Extension Agreement provide that the cost of roadway maintenance shall not be assessed to Lot 1 until the City conveys Lot 1 to a third -party purchaser. WHEREAS, the City is under contract to sell a portion of said Lot 1, said portion being Lot IA on a plan of land recorded in said Registry in Plan Book 229, Page 23 ("Lot lA" ), to a third - party purchaser; WHEREAS, the Roadway has not been completed and accepted as a Northampton public way; and Bk: 11613 Pg: 249 WHEREAS, the Roadway is Lot 1A's exclusive means of access to Garfield Avenue, a Northampton public way. NOW THEREFORE, in consideration of One and 00 /100 Dollar ($1.00), the parties acknowledge and agree that: 1. PV HH shall not assess any roadway maintenance costs to any third -party purchaser of Lot IA until such time that PVHH completes the Roadway and the Roadway is accepted by the City as a public way; provided, however, that such third -party purchaser shall be responsible for the maintenance /repair costs to the Roadway necessitated by the negligent, reckless, or intentional conduct of the third -party purchaser or his or her invitees or agents. 2. Upon acceptance of the Roadway by the City, roadway maintenance costs, if any, shall be home by the third -party purchaser of Lot 1 A or his/her /their successor in interest pursuant to the terms set forth in the Declaration. .fir IN WITNESS WHEREOF, the parties hereto have executed this Agreement on this Z r1 day of March, 2014. Pioneer Valley Habitat for Humanity, Inc. City of Northampton r By: Michael J. Simolo, Its President By: David J. Narkewicz, Mayor COMMONWEALTH OF MASSACHUSETTS Hampshire, ss. On this Z07s day of March, 2014, before me the undersigned notary public, personally appeared Michael J. Simolo, President of the Pioneer Valley Habitat for Humanity, Inc., and proved to me through satisfactory evidence of identification, which was [ ] Driver's License Personal knowledge of the signatory's identity [ ] Other: , to be e person whose name is signed on the preceding document, a kno ged to me that he signed it voluntarily for its stated purpose. N¢tary PAM My CommissionExpi s: JZN NICHOLAS P. LATA Notary PMGIIC a L}A II COMMOHWfAnXOfMMGCXWnn My commission EtP a hbru0ry 2r. R0 a Bk: 11613 Pg: 249A COMMONWEALTH OF MASSACHUSETTS Hampshire, ss. ,/A On this � day of March, 2014, before me the undersigned notary public, personally appeared David J. Narkiewicz, Mayor of the City of Northampton, and proved to me through satisfactory evidence of identification, which was Personal knowledge of the signatory's identity, to be the person whose name is signed on the preceding document, and acknowledged to me that he signed it voluntarily for its stated purpose. Uy � Notary Public: Wayne M. Feiden My Commission Expires: October 14, 2016 AYNE M. FEIDEN PUBLIC commanweann of musachmeft 0*17NOTARY /cmnssionE io/io/14/2o16 u.. .1e.. ' e ti 4M ,� /� •.tifle