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25A-107 (34) - s EXHIBIT C Incorporated into and made a part of the Declaration of Trust of BRIDGE WAY PLAZA CONDOMINIUM TRUST under Declaration of Trust dated August 1 , 1985 and to be recorded in the Hampshire County Registry of Deeds . The beneficial interest in the BRIDGE WAY PLAZA CONDOMINIUM TRUST shall be divided among the unit owners in the condominium as set forth below: UNIT DESIGNATION- BENEFICIAL INTEREST IN THE TRUST 1 25% 2 25% 3 25% o 4 25% 100% f{aMfShire' rat. 1985 at o'clock and mint tcs''-i .G� Rcc':(,cnr'd an$ V x:,ln'.1 with Hampshire Reg. of LUreds, Book ' Page At i� U p*cs*t I ,J f traffic congestion in the parking lot . Drivers of vehicles ' making deliveries to unit owners shall not leave their vehicles _E. unattended in the parking lot except when actually making such deliveries . -2- r Y EXHIBIT B Incorporated into and made a part of the Declaration of Trust of BRIDGE WAY PLAZA CONDOMINIUM TRUST under Declaration of Trust dated August 1, 1985 and to be recorded in the Hampshire County Registry of Deeds . RULES AND REGULATIONS BRIDGE WAY PLAZA CONDOMINIUM TRUST The provisions of this Exhibit B to the BRIDGE WAY PLAZA CONDOMINIUM TRUST shall: constitute the rules and regulations of the BRIDGE WAY PLAZA CONDOMiN=2UM TRUST, the organization of unit owners estab- lished by said Trust. 1 . No Obstruction of Common Areas and Facilities . No one shall unreasonably obstruct any part of the common areas and facilities , the halls , lobby or landscaped areas , without the prior consent of the Trustees . 2 . Parking Lot and Driveway. There shall be no obstruction of any portion of the parking lot or driveway except only for the parking of motor vehicles - as set forth in Section 34 of the By-Laws of the Trust. No unit owner shall park, or permit or suffer to be parked, an un- registered motor vehicle in any part of the parking lot or driveway. 3 . Office and Common Area Cleaning. Periodic cleaning of common areas and facilities shall be accomplished in a manner to be designated by the Trustees . Each unit owner shall be responsible for the periodic cleaning of his own unit (including bathrooms) at the expense of such unit owner. The Trustees shall have the right, and the obli- gations , to promulgate reasonable standards of cleanliness for units . 4 . Delivery Vehicles . Unit owners shall schedule deliveries to their units by vendors at such time , and in such manner, as will reasonably minimize } 7 ' r r - ' these By-Laws is described as a Special Common Charge, an amount to be assessed or paid as a Special Common Charge , as an expense which is not to be borne by all of the unit owners according to their respective percentage interest in the common areas and facilities , and all such Special Common Charges shall be collectible against the unit owner, and unit, against whom and which they are assessed in accordance with the provisions of Section 6 of said Chapter 183A. -35- r Condominium Trust, and other unit owners , by majority vote of the Trustees of the Condominium Trust. A certificate, stating that the provisions of this section of these By-Laws have been met by a unit owner, or have been duly waived, when executed by a majority of the Trustees of the Condominium Trust as they then appear of record in the Hampshire County Registry of Deeds , and recorded in such Registry of Deeds, shall be conclusive upon the Trustees and the unit owners in favor of all persons who rely there- on in good . faith. e) Acquisition of units by the Trustees , or their designee on behalf -of all unit owners , may be made only as set forth in Section 28 (B) of these By-Laws . 34 . Parkinq Lot . Each unit owner shall be entitled to use that portion of the Parking Area equal to his percentage interest in the common areas and facilities of the Condominium. In the event of any dispute with respect to the Parking Areas , the Trustees of the Condominium Trust, acting in good faith, shall be entitled to assign in a uniform and fair manner, portions of the Parking Area to unit owners , and the employees, servants , customers, clients , business invitees and other callers of unit owners , but no such parking assignment shall be made which would result in any unit owner and his employees , servants , customers , clients , business invitees and other callers of unit owners being required to utilize less than the same percentage of the Parking Area as such unit owners percentage interest in the common areas and facilities . 35 . Utility Meters. Each unit is served by a separate utility meter . Each unit owner shall pay, directly to the utility company furnishing same, all charges for electricity billed to his unit . 36 . Special Common Charges . Pursuant to the provisions of Massachusetts General Laws , Chapter _ 183A, Section 21 , the term "Special Common Charge" shall mean any _ common. expense which under any of the provisions of the Master -34- i 1 his spouse , children, grandchildren, parents , brothers y;rx or sisters , or any one of them, or to any person, partner- ship (general or limited) , firm, trust, joint venture, joint stock company, or corporation that acquires or succeeds to, the business of the unit owner, or to any corporation into which or with which a corporate unit owner merges or consolidates or which acquires all of the assets of any such corporate unit owner, or to any corporation which is a subsidiary of a unit owner. Notwithstanding anything to the contrary, this Section 33 of these By-Laws shall not apply to any first mortgagees (or Financing Institution other than a first mortgagee) who shall acquire title to such unit by foreclosure or by deed (or assignment) in lieu of foreclosure, nor to any first mortgagee (or Financing Institution other than a first mortgagee) which acquires a leasehold interest as the result of realizing upon any hypothecation, pledge or mortgage of a leasehold interest by way of security. The term "Financing Institution" shall mean any bank, trust company, savings and loan association or insurance company chartered and regulated by the United States or any state thereof, or any pension fund having assets of not less than twenty-five million ( $25 , 000 , 000 . 00) dollars or the United States Small Business Administration, or any corporation or other entity having assets in excess of twenty-five million ( $25 , 000 , 000 . 00) dollars who shares are listed on any national stock exchange, or a subsidiary of such publicly listed corporation or other entity, or any body, corporate or politic, organized or sponsored by the Commonwealth of Massachusetts . Notwithstanding . anything to the contrary herein, this Section 33 of these By-Laws shall not apply to any sale , lease , sublease, assignment of lease or any other conveyance, transfer or alienation by the sponsor of the Condominium or it successors and assigns or its successors in title . d) _ .The_ right of first refusal contained in this section may be released or waived, as to both the Trustees of the -33- A rth in the Outside Offer. In the event that the es of the Condominium Trust do not signify their ion to exercise their right of first refusal within 0) days after receipt of notice of the Outside Offer, dividual unit owner may exercise such right of first refusal, on his own behalf, provided that he notifies the unit owner desiring to sell his unit in writing (or lease, sublease or assign a lease , as the case may be) within the same ten (10) day period enjoyed by the Trustee of the Condominium Trust. In the event that two or more unit owners attempt to exercise such right of first refusal, the selling unit owner shall determine by lot which unit owner shall purchase his unit (or lease , sublease or accept an assignment , as the case may be) . The procedure to be employed in consummating a sale to a unit owner who exercises his right of first refusal shall be the same as that set forth above for consummating a sale to the Trustees of the Condominium Trust. In the event that neither the Trustees of the Condominium TRust or any unit owner exercises the right of first refusal within the time period set forth herein, the unit owner shall be free to sell (or lease, sublease or assign a lease, as the case may be) such unit owner together with its interest in the common areas and facilities within the next 120 days to the proposed purchaser, on the same terms and conditions set forth in the notice from such unit owner of such Outside Offer.` b) The Trustees of the Condominium Trust shall not exercise the right of first refusal set forth in this section without the prior approval of 66 2/3o in common area interest of the remaining unit owners . c) This Section 33 of these By-Laws shall not apply to any conveyance, transfer, or alienation by any unit owner by gift, or devise under a Will, or by reason of death of any unit owner, 'nor to any conveyance, transfer or alienation by any unit owner to or for the benefit of -32- t 1 - F Offer") for the lease of his unit for a term of more than { ten (10) years , and any lessee of a unit or portion of a unit who receives a bona fide offer ( "Outside Offer") for the sublease of such unit or part thereof, or for the purchase of an assignment of such lease, which he intends to accept, shall give written notice to the Trustees of the Condominium Trust and to each unit owner of such offer and of such intention, which notice shall contain the name , address and telephone number of the proposed purchaser (or tenant, subtenant or assignee) the terms of the proposed transaction, and such other information as the Trustees of the Condominium Trust may reasonably require, -and shall offer to sell such unit together with its interest in the common areas and facilities (or 'lease or sublease such unit or part thereof or assign such lease, as the case may be) first to the Trustees of the Condominium Trust or their designee , corporate or otherwise , on behalf Of all of the owners of all other units , and then to each of the remaining unit owners on the same terms and condi- tions as contained in such Outside Offer . The giving of such notice shall constitute a warranty and representa-tion by the unit owner to the Trustees of the Condominium Trust and the other unit owners that such Outside Offer is bona fide in all respects . Within ten (10) days after receipt of such notice, the Trustees of the Condominium Trust may elect, by notice to such unit owner, to purchase such unit together with its_ interest in the common areas and facilities , or to cause the same to be purchased by its designee, corporate or otherwise, on behalf of all other unit owners (or to lease, sublease , or accept an assignment of a lease, as the case may be) on behalf of all other unit owners, on the same terms and conditions as contained in the Outside Offer and as stated in the notice from the offering unit owner. In the event that the Trustees of the Condominium Trust shall elect to purchase (or lease , sublease , or accept an assignment, as the case may be) such unit together with its interest in the common areas and facilities , the transaction shall be consummated as -31- 7 t t b) Accept a deed (or assignment) in lieu of foreclosure in the event of default by a mortgagor, or c) Sell or lease a unit acquired by the Mortgagee . ii) Permit an addition or expansion to the Condominium project in which sections or phases are established unless such addition or expansion complies with the following limita- tions : a) Condominium unit owner ' s undivided interest in the common elements must be stated in the Declaration of Condominium (or Master Deed or similar instrument) ; and the conditions whereby any change in such percentage of undivided interest in common elements may take place are fully described in such Declaration (or Master Deed or similar instrument) , together with a description of the real property which will become subject to the Condominium project if such alternative percentage interest becomes effective; and b) No change in the percentage interests in the common elements may be affected pursuant to such phasing or add-on plan, more than seven (7) years after the Declaration of Condominium (or Master Deed) becomes effective . C . The provisions of this Section 32 shall at all times take precedence over all other provisions in the Master Deed, and in this Trust including the 3y-Laws and Rules and Regulations hereto (including but not limited to Section 7 of this Trust) . 33 . Right of First Refusal . No unit owner or lessee may sell , lease or sublease a unit, or assign a lease, except by complying with the following provisions : a) Any unit owner who receives a bona fide offer (hereinafter called and "Outside Offer") for the sale of his unit and its undivided interest in the common areas and facilities , and any- unit owner who receives a bona fide offer ( "Outside -30- s.. � S G Z Non-discrimination. twithstanding anything to the contrary herein, no part of this Y� '. ; Trust or By-Laws or the Rules and Regulations now or hereafter adopted or promulgated shall ever be deemed to prevent, restrict, discourage, or hinder, in fact, in any manner whatsoever the aliena- tion, conveyance, mortgage, purchase, sale, rental, lease, license, use , or occupancy of Units or any negotiations in connection therewith because of race, religion, creed, color, national origin, sex, age , ancestry, marital status , status as a veteran or member of the armed services , or any ethnic group, blindness, or, in addition to the foregoing, by any reason whatsoever prohibited by any federal, state, county or- municipal law. 31 . Percentage of Unit Owners . Whenever the term "Percent of Unit Owners " or "Percentage of Unit Owners" is used in this instrument, said term shall mean the Owners of the specified percentage in the aggregate in interest of the undivided ownership in the common areas and facilities of the Con- dominium. 32 . Protection of Mortgagees . Notwithstanding anything to the contrary in this Trust including the By-Laws and Rules and Regulations , and in the Master Deed, without the express prior written consent of all mortgagees of all Units in each instance : A. Sections 2 , 9 and 15B of these By-Laws shall not be amended or modified, and B. The Master Deed and this Trust including the By-Laws and Rules and Regulations shall not be amended or modified if the result of any such amendment or modification would : i) Modify the "right of first refusal" so called, unless such modification of the "right of first refusal" does not impair the rights of a first mortgagee of any unit to : a) Foreclose or take title to a condominium unit pur- suant to the remedies provided in the mortgage , or 9- = �. Waiver of Right of Partition. In the event that a Unit shall be acquired by the Trustees , all unit owners shall be deemed to have waived all rights of partition with respect to such Unit or Units as are acquired by the Trustees . D. Payment of Assessments . No unit owner shall convey, mortgage, pledge, hypothecate, sell or lease his Unit unless and until he shall have paid in full to the Trustees all unpaid Common charges theretofore assessed by the Trustees against his Unit and until he shall have satisfied all unpaid liens against such unit. This para- graph shall not apply to any first mortgagee of any Unit. 2'9 . Tenants . Any unit owner may lease, or rent his Unit, subject, however, to the following conditions : a. Any lease, or occupancy agreement, shall : i) expressly provide that the lease , or occupancy agree- ment ' shall be subject in every respect to the Master Deed of the Condominium, the Declaration of Trust of the Condominium Trust, and the By-Laws and Rules and Regulations thereof, as the same have been amended most recently prior to the execution c the lease, or occupancy agreement; ii) contain the following section : "Any failure by the tenant to comply in all respects with the provisions of the Master Deed of the Condominium, the Declaration of Trust of the Condominium Trust and the By-Laws and Rules and Regulations hereof, shall constitute a material default in this lease" . b. A true copy of the lease or occupancy agreement shall be delivered to the Trustees forthwith upon its execution. -28- 1 t it being the intention hereof to prevent any severance of M. such combined ownership. ' Any such deed, mortgage, or other instrument purporting to affect one or more of such interests , =` without including all such interests, shall be deemed and taken to include the interest or interests so omitted, even though the latter shall not be expressly mentioned or described therein. No part of the Appurtenant Interests of any unit may be sold, transferred, or otherwise disposed of, except as part of a sale, transfer, or other disposition of such part of the Appurtenant Interest of all Units . "Appurtenant Interests " , as used herein, shall include i) the undivided =interest of a unit owner in the common areas and facilities ; and ii) the interest of such unit owner in any other assets of this Trust. B. Financing of Purchase of Units by Trustees . With the prior written approval of at least fifty (50%) percent of the beneficial interests hereunder (the vote of the unit owner of the unit which is the subject of such vote shall not be counted) , the Trustees may acquire or lease units of the Condominium. Acquisition or lease of units by the Trustees may be made from any funds in the hands of the Trustees ; or if such funds are insufficient , the Trustees may levy an assess- ment against each unit owner in proportion to his beneficial interest as a common charge ; or the Trustees , in their dis- cretion, may borrow money to finance the acquisition of such units, provided, however, that no financing may be secured by an encumbrance or hypothecation of any property other than the specific unit or units with Appurtenant Interests so to be acquired by the Trustees . Nothing in this subseciton B) of this Section shall be cosntrued as compelling any unit owner to sell his unit. Nothing in this subsection B) of this Section shall have any effect, nor limit in any manner the rights and remedies of the Trustees under the provisions of Section b of Chapter 183A. -27- /keyhe common areas and facilities . Trustees or their designated agent shall retain a pass to each unit and no unit owner shall alter, change or all any locks without first providing the Trustees or their designated agent with a pass key with respect to any such changed, altered or new lock. 24 . Structural Integrity. Nothing shall be done or maintained in any unit or in the common areas and facilities which will impair the structural integrity of any part of the building of the Condominium. 25 . No Alterations . Neither the exterior of any unit nor the common areas and facilities nor the hallways or lobby shall be altered, constructed, removed, decorated or painted in any manner except with the written consent of the Trustees . Any unit owner is free to decorate the interior of his unit in any manner as he sees fit without requiring the consent of the Trustees so long as such decorations do not alter the structure of the, unit or the Building. 26 . Combustible Materials . No unit owner shall permit or suffer the keeping at any time of any flammable, combustible or explosive fluid or substance on the property of the Condominium or in his unit except only for such lighting and cleaning fluids as are customary for office use . 27 . Safety. Each unit owner assumes complete responsibility for the safety of himself, his business invitees , agents , servants , employees , licensees and tenants while such persons are in his unit, or any other unit, or on the common areas and facilities of the Condominium (including but not limited to the parking areas) . 28 . Sale of Units . A. No Severance of Ownership. No unit owner shall execute any deed, mortgage, or other instru- ment. conveying . or mortgaging title to his unit without including therein . the Appurtenant: interests (as hereinafter defined) ; -26- s t from a pro-rata re-allocation of such assessments or charges to all Units including the mortgage Unit) . F. Notwithstanding anything to the contrary in this Trust including these By-Laws and rules and regulations hereto (or in the Master Deed) , unless at least seventy-five (75%) percent of the first Mortgagees (based upon one vote for each mortgage owned and whether or not such first Mortgagees are Listed Mortgagees) of Condominium Units have given their prior written approval, neither the Trustees nor the unit owners shall be entitled- to : (a) By act or omission see to abandon or terminate the Con- dominium regime ; (b) Change the pro rata interest or obligations of any Condominium Unit for: (i) Purposes of levying assessments or charges or allocating distributions of hazard insurance proceeds or condemnation awards ; and for (ii) Determining the pro rata share of ownership of each Unit in appurtenant real estate and any improvements thereon which are owned by the unit owners in the Condominium project' in undivided pro rata interests ( "Common areas and facilities ") ; (c) Partition or subdivide any Condominium Unit; (d) By act or omission seek to abandon, partition, subdivide , encumber, sell or transfer the common areas and facilities. The granting of easements- for public utilities or for other public purposes consistent with the intended use of the common areas and facilities by the Condominium project shall not be deemed a transfer within the meaning of this clause ; (e) Use hazard insurance proceeds for losses to any Condominium property (whether to Units or to common areas and facilities) -17- rr in a position where same will appear to be a window sign when viewed from the exterior of the Building. (h) Nothing herein shall prohibt any unit owner from installing any type of signs or lettering within the boundaries of his unit, so long as such sign is not visible from the exterior of his unit. (i) All of the foregoing signs permitted hereunder shall in any event comply with all legal require- ments of the Commonwealth of Massachusetts and the City of Northampton. If any signs constructed and maintained on any part of the Subject Property, on the date of the Master Deed, or thereafter, shall be in whole or in part restricted by any valid governmental ordinance of the Commonwealth of Massachusetts or the City of Northampton, the Trustees of the Condominium Trust shall have no liability to the unit owner so long as such Trustees make a good faith effort to comply with such governmental requirements . ( j ) Unit owners and occupants shall be required to comply with the provisions of the Master Deed, including but not limited to Section g of the Master Deed at all times . 17 . Use of Common Areas and Facilities . A unit owner shall not place or cause to be placed in the lobby, vestibules , public halls , stairways , or other common areas and Facilities any furniture , packages or objects of any kind. The public halls and stairways shall be used for no purpose other than . F or normal transit through there. - 18 . Attorneys , Accountants , Appraisers . The Trustees may, but need not, engage the services of attorneys , c:.:Oiln�aTitS, appraise-s, a chl facts , in_ ..=ors , and of e r orofessionais - : in connection with their duties as such Trustees , upon the payment of .such fees and upon such other terms and conditions as the Trustees shall decide , and such fees .and other expenses in connection with Unit in the performance of any of the Mortgagor ' s obligations under the Master Deed, or this Trust including these By-Laws and the rules and regulations hereto, or the Unit Deed, which is not cured within thirty (30) days . C. The right of any unit owner to vote or grant or withhold any consent or exercise any rights pursuant to the provisions of this Trust or the Master Deed may be assigned to or restricted in favor of any Mortgagee, and the Trustees shall be bound by such assignment or restriction, provided, however, that such assignment or restriction does not conflict with the provisions of said Chapter 183A and that the Mortgagee has notified the Trustees of such assignment or restriction in writing, whether or not such Mortgagee is a Listed Mortgagee . D . A Listed Mortgagee shall remain a Listed Mortgagee until either : (i) The Trustees receive written notice by such Listed Mortgagee that the Mortgage has been discharged, or that such Mortgagee no longer desires to remain listed as a Listed. Mortgagee ; or (ii) The Trustees receive notice from the unit owner, or anyone whomsoever, that the Mortgage has been dis- charged of record, which notice shall contain a true copy of such discharge and shall specify the Book and Page, or Instrument Number where such discharge is recorded in the Registry of Deeds . E. Notwithstanding anything-to the contrary in this Trust including these By-Laws and rules and regulations hereto, (or in the Master Deed) , any first Mortgagee (whether or not such Mortgagee is a Listed Mortgagee) of any Unit who comes into possession of the Unit pursuant to the remedies provided in the Mortgage, or foreclosure of the mortgage, or deed (or assignment) in lieu of foreclosure , shall take the property free of any claims for unpaid assessments or charges against the mortgaged Unit which accrue prior to the time such holder comes into possession of the Unit or obtains title thereto (except for claims for a pro-rata share of such assessments or charges resulting -16- which shall be payable by the Condominium Trust or such other t , unit owner, as the case may be . The amount of any such re- imbursement due the Condominium Trust may, without prejudice to any other remedy of the Condominium Trust, be enforced by assessing the same to that particular Unit as a Special Common Charge under these By-Laws . 4 . Rebuilding and Restoration. A. In the event of damage to or destruction of the common areas and facilities as a result of fire or other casualty (unless Subsection F of this Section is applicable) , or, in the event Of damage to or destruction of any unit as a result of fire or other casualty, whether or not the common areas and facilities have been damaged or destroyed (unless Subsection F of this Section is applicable) , the Trustees shall promptly adjust the loss , arrange for the prompt repair or restoration of the same, and disburse the proceeds of all 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 retainage. All insurance proceeds paid to the Trustees as Insurance Trustees , on account of any casualty shall be dedicated first to the repair or restoration of the loss , and any application of said proceeds by the Trustees on account thereof shall be prior to the a li- cation of such proceeds for any other purposes . pp 3. In the event the insurance proceeds are not sufficient to cover the cost of repairs to the common areas and facilities and the Units, the proceeds will be first allocated to the cost of repairs to the common areas and facilities and the balance, if any, to the cost of repairs to the Units in pro- portion to the cost of all repairs to the respective Units as determined by the insurer pr by independent appraisal . To the extent the proceeds allocated as aforesaid are insufficient to cover the cost of repairs to the common areas and facilities , the balance of the cost of such repairs will be assessed against all unit owners as a common expense . To the extent the proceeds allocated, as aforesaid, are insufficient to cover the cost of repairs to the Units , the balance of the cost of such repairs -9- e of any such additional insurance carried by any unit owner. Each unit owner shall promptly notify the Trustees of all improvements made by him to his Unit, the insurable replacement cost of which exceed one thousand ($1, 000 . 00) dollars, and such unit owner shall pay to the Trustees as a Special Common Charge under these By-Laws any increase in insurance premium incurred by this Trust which results from such improvement. G. No unit owner or occupant shall commit, permit or suffer any violation of any insurance policies taken out by the Condominium Trust, or do,. permit or suffer anything to be done, or keep or permit or suffer anything to be kept, or permit or suffer any condition to exist which might (i) result in termination of any such policies , or (ii) adversely affect the right of recovery thereunder, or (iii) result in reputable insurance companies refusing to provide insurance as required or permitted by these By-Laws , or (iv) result in an increase in the insurance rate or premium with respect to both the master policy or policies , and also with respect to any other unit owner ' s policy or policies , unless , in the case of such increase, the unit owner responsible for such increase shall pay the same . If the rate of premium payable with respect to the Policies of insurance carried by the Condominium Trust in accordance with these By-Laws , or with respect to any insurance Policy carried by any unit owner, shall be increased, or shall otherwise reflect the imposition of a rate which is more than 1100 of the rate then applicable to the then lowest rated unit in the Building, by reason of anything that is done or kept in a particular unit, or as a result of the failiure of any unit owner or occupant of the Unit to comply with the requirements of the insurance policies taken out by the Condominium Trust, or as a result of the failure of any such unit owner or occupant to comply with any of the other terms and provisions of the Master Deed, the Condominium Trust, or these By-Laws, and the rules and regulations hereto, then, and in any of the foregoing events , the unit owner of that particular Unit shall reimburse the Condominium Trust and such other unit owners respectively for the resulting additional premiums -8- . to their respective interests in the common areas and facilities . F. Notwithstanding the foregoing, if, as a result of fire or other casualty, the loss exceeds ten (10%) percent of the value of the Condominium, including all parts of the building and the common areas and facilities and the Units prior to the casualty, and : (a) if seventy-five (75%) percent of the unit owners do not agree within one hundred twenty (120) days after the date of the casualty to proceed with repair or restora- tion, the Comdominium, including all Units , shall be subject to partition at the suit of any unit owner. Such suit shall be subject- to dismissal at any time prior to entry of an order to sell if an appropriate agreement to rebuild is filed. Subject always to the prior rights of the Unit Mortgagees , the net proceeds of the partition sale together with any Common funds shall be divided in proportion to the unit owners ' respective undivided ownership in the common areas and facilities . Upon such sale , the Condominium shall be deemed removed from the provisions of Chapter 183A of the Massachusetts General Laws , (b) if seventy-five ( 75%) percent of the unit owners agree to proceed with the necessary repair or restoration, the cost of the rebuilding of the Condominium, in excess of any available common funds including the proceeds of any insurance, shall be a common expense, provided, however, that if such excess cost exceeds ten (10%) percent of the value of the Condominium including all parts of the building and the common areas and facilities and the units , prior to the casualty, any unit owner who did not so agree may apply to the Superior Court Hampshire County on such notice to the Trustees and unit owners as the Court shall direct, for an order directing the purchase of his Unit by the Trustees at the fair market value thereof as approved by the Court. The -cost of any such purchase shall be a common expense . 5 . Condemnation. If more than ten (10%) percent in value of the Condominium or more than fifteen (15%) percent in area of the parking areas , is taken under the power of Eminent Domain, then the taking shall be treated as a casualty loss and the provisions of Section 4 to each Unit will be assessed against all unit owners as a common expense. s} C. Whenever the estimated cost of repair or restoration exceeds , as to any one casualty or occurence, on the basis of an inde- pendent appraisal, the sum of twenty-five thousand ($25 , 000. 00) dollars , then the Trustees shall retain a registered architect or registered engineer, who shall not be directly or indirectly • unit owner or an employee or agent of any unit owner, or • Trustee or an. employee or agent of any of the Trustees , or the manager, if any, or any employeer or agent of such manager, to supervise the work of repair or restoration and no sums shall be paid by the Trustees on account of such repair or restoration except upon certification to them by such archi- tect or engineer that the work for which payment is being made has been completed in a good and workmanlike manner in accordance with approved plans and specifications and that the estimated total cost of completion of said repair or restora- tion, less amounts theretofore advanced, does not exceed the undisbursed proceeds of insurance as augmented by funds obtained by any assessment or assessments levied or chargeable to the unit owners as a common expense . D. The Trustees may perform emergency work essential to the preser- vation and safety of the Condominium, including all parts of the building and the common areas and facilities and the Units , or the safety of persons , or required to avoid the suspension of any essential service to the Condominium, including all parts of the building and the Common areas and facilities and the Units , without having first engaged an architect or engineer, adjusted the loss or obtained proceeds of insurance . E. Subject always to the prior rights of the Unit Mortgagees , if there shall have been a repair or restoration pursuant to the foregoing and the amount of insurance proceeds shall have exceeded the cost of such repair or restoration, then the excess of such insurance proceeds , if any, shall be added to the- Condominium' s reserve fund, or, at the option of the Trustees , divided among all the unit owners in proportion -10- t (ij=) percent of the then value of the Condominium, including the building and the common areas and facilities and the units , any unit owner not so agreeing may apply to the Superior Court Hampshire County on such notice to the Trustees and unit owners as the Court shall direct, for an Order directing the purchase of his Unit by the Trustees at fair market value thereof as approved by the Court. The cost of any such purchase shall be a common expense . 7 . Rules and Regulations . A. The Trustees have adopted the initial Rules and Regulations set forth in Exhibit B which is annexed hereto and is hereby incorporated herein by this reference and made a part hereof, governing the details of the operation and use of the common areas and facilities , and containing such restrictions -on, and requirements respecting the use and maintenance of, the common areas and facilities as are consistent with the provisions of the Master Deed, and designed to prevent unreasonable inter- ference with the use by the unit owners of the common areas and facilities . B . The Trustees shall administer such rules and regulations . C . The Trustees may at any time and from time to time , amend, rescind and waive, any or all of such rules and regulations . D . The Trustees may at any time and from time to time , adopt other rules and regulations governing the details of the operation and use of the common areas and facilities , and containing such restrictions on, and requirements respecting the use and maintenance of, the common areas and facilities as are consistent with the provisions of the Master Deed, and designed to prevent unreasonable interference with the use by the unit owners of the common areas and facilities . E. Notwithstanding the foregoing provisions of this Section 7 : (i)- The Trustees shall furnish copies of any new rule or regulation, or amendment of any existing rule or regu- lation, to the unit owners prior to the time when such -13- vi these By-Laws and the provisions of Massachusetts General Laws , khapter 183A, Section 17 , shall apply. Where one or more units have been substantially altered or rendered uninhabitable as a result of a partial taking, and the unit owners vote to restore and continue the Condominium pursuant to Section 17 of said Chapter 183A, the Trustees shall have the authority to acquire the remaining portions of such Units for such price as the Trustees shall determine , provided that any unit owner of such remaining portion who does not agree with such determination may apply to the Superior Court of Hampshire County on such notice to the Trustees and the other unit owners as the Court shall direct, for an order directing the purchase of such remaining portion at the fair market value thereof as approved by the Court. Where as a result of a partial taking any Unit is decreased in size or where the number of Units is decreased by a partial taking, then the Trustees may make such provision for re-alignment of the percentage interest in the common areas and facilities as shall be just and equitable . In the event of a total or partial taking under the powers of eminent domain, the unit owners shall be represented by the Condominium acting through the Trustees . In the event of a partial taking, the award shall be allocated to the respective unit owners according to their undivided interest in the common areas and facilities , except as to such portion or portions of the award which are attri- butable to direct or consequential damages suffered by particular units as determined by the Court, which shall be payable to the Owners of such. Units or their mortgagees , as their interests may appear. Subject always to the prior rights of the unit mortgagees , in the case of a total taking -of all Units and the common areas and facilities, the entire award shall be payable to the Trustees to be distributed to the unit owners and their mortgagees in accordance with their respective percentage interests in the common areas and facilities . 6 . Improvements . A. If seventy-five (750) percent or more of the unit owners may agree, to make an improvement to the common areas and facilities and assess the cost thereof to all unit owners as a common expense, but if such improvement shall cost in excess of ten -12- fourteen (14) days prior to the date so designated. At the annual meeting of the unit owners , the Board of Trustees shall submit reports of the management and finances of the Condominium. Whenever at any meeting the Board of Trustees proposes to submit to the unit owners any matter with respect to which approval of or action by the unit owners is necessary or appropriate , the notice of such meeting shall state and reasonably specify such matter . A quorum of unit owners shall consist of the holders of at least fifty-one (51%) percent of the beneficial interest hereunder . C . Any Trustee or unit owner may, at any time , waive notice of any meeting -in -writing and such waiver shall be deemed equivalent to the giving of such notice. Attendance by a Trustee or unit owner without objection to lack of notice at any meeting shall constitute a waiver of notice by such Trustee or unit owner of notice of such meeting. If all of the Trustees are present at any meeting of the Trustees , or if all of the unit owners are present at any meeting of the unit owners , respectively, no notice shall be required and any business may be transacted at such meeting of the Trustees , or unit owners , respectively` 9 . Listed Mortgagees : Notices . A. A unit owner who executes a Mortgage, whether a first Mortgage or any junior Mortgage, on his Unit shall promptly notify the Trustees of such Mortgage , and shall file an accurate copy of such Mortgage with the Trustees , specifying the Book and Page, or Instrument Number where the same is recorded in the Registry of Deeds , and if any unit owner fails to so notify the Trustees , then the Mortgagee , or Mortgagees of his Unit, or the attorney for such Mortgagee or Mortgagees , may so notify the Trustees of ,the execution of any such Mortgage. The term "Listed Mortgage" shall mean any Mortgage listed with the Trustees as set forth in this subsection. B . Upon written request addressed to the Trustees by a first Mortgagee of any Unit (whether or not such Mortgagee is a Listed Mortgagee) the Trustees shall promptly notify such Mortgagee in writing of any default by the Mortgagor of such -15- new rule or regulation , or amendment, as the case may be, shall become effective ; and (ii) Unit owners entitled to at least seventy-five (75%) percent of the beneficial interest hereunder may, at any time and from time to time , rescind, amend or waive any rule or regulation promulgated by the Trustees (including but not limited to the initial rules and regulations referred to hereinabove) ; and (iii) Any waiver, rescision, amendment, adoption or enforcement of a rule or regulation whether by the Trustees or the unit owners , as hereinbefore set forth , shall be uniformly binding upon all unit owners . 8 . Meetings . A. The Board of Trustees shall meet annually on the date of the Annual Meeting of the unit owners , and at such meeting shall elect the Chairman, Treasurer, and Secretary, hereinbefore provided for. Other meetings may be called by the Chairman and in such other manner as the Trustees may establish, provided, however, that written notice of each meeting, shall be given at least five (5) days before such meeting to each member of the Board of Trustees . A majority of the Trustees shall constitute a quorum at all meetings , and such meetings shall be conducted in accordance with such rules 'as the' 3oard of Trustees may adopt. B. There shall be an annual meeting of the unit owners on the first Wednesday of December in each year at 8 : 00 p.m. on the Condominium premises or at such other reasonable place and time (not more than twenty-one ( 21) days before or after said date) as may be designated by the Board of Trustees by written notice given to the unit owners at least fourteen (14) days prior to the date so designated. Special meetings of the unit owners may be called by them upon the written request of unit owners entitled to more than fifty (50%) percent of the beneficial interest hereunder. Written notice of any such meeting designating the place, day and hour thereof shall be given by the Board of Trustees to the unit owners at least -14- ,�1ven by one or more of the Trustees to such unit owner by leaving 'such notice with him at his office in the Condominium or by mailing it, postage prepaid, addressed to such unit owner at his address as it appears upon the records of the Trustees , at least five (5) days prior to the date fixed for the happening of the matter, thing or event of which such notice is given, unless a different period for the giving of such notice is specified in these By-Laws . 11 . Inspection of Books ; Reports to Unit Owners . The Trustees shall keep detailed records of the actions of the Trustees , minutes of the meetings of the Trustees , minutes of the meetings of. the unit owners , and financial records and books of account of the Condominium, including a chronological listing of receipts and expenditures , as well as a separate account for each Unit, among other things , shall contain the amount of each assessment of common charges against such Unit, the date when due, the amounts paid thereon, and the balance remaining unpaid. Copies of the Master Deed, this Trust and these By-Laws , rules and regulations , and floor plans of the Building and Units , as the same may be amended from time to time, shall be maintained at the office of the Trustees and shall be available for inspection by unit owners , their authorized agents and Listed Mortgagees at all reasonable times . The Trustees shall, as soon as reasonably possible , after the close of each fiscal year, or more often if convenient to them, submit to the unit owners a report of the operations of the Trustees for such year, which shall include financial statements in such summary form and in such detail as the Trustees shall deem proper. Except in the case of fraud, committed by any Trustee , any person who has been furnished with such report and shall have failed to object thereto by notice in. writing to the Trustees , given by registered or certified mail within a period of sixty (60) days of the date of the receipt by him, shall be deemed to have assented thereto . 12 . Checks and Notes . Checks , notes, drafts and other instruments for the payment of money drawn or endorsed in the names of the Trustees or of the Trust may be signed by i) the sole member of the Initial Board, during its term_, and ii) thereafter, by any two (2) Trustees , or by any person or persons (who may be one of the Trustees) to whom -19- ' for other than the repair, replacement or reconstruction of such improvements , except as provided by Chapter 183A in case of substantial loss to the Units and/or common areas and facilities of the Condominium project; (f) All first Mortgagees (whether or not such first Mortgagees are Listed Mortgagees) shall have the right to examine the books and records maintained by the Trustees relating to the Condominium; (g) Notwithstanding anything to the contrary in this Trust including- these By-Laws and rules and regulations hereto, and in the Master Deed and the Unit Deeds , no provision of any such documents shall give any unit owner or owners or any other party or parties priority over any rights of first Mortgagees of Condominium Units pursuant to their Mortgages (whether or not such first Mortgagees are Listed Mortgagees) in the case of a distribution to Condominium unit owners of insurance proceeds or condemnation awards for losses to or taking of Condominium Units and/or common areas and facilities . (h) Whenever notice is to be given to any Mortgagee or Mortgage holder hereunder upon written request, the Trustees shall additionally give such notice to any servicer designated by such Mortgagee or Mortgage holder. (i) Upon written request by any holder of a first Mortgage on any Unit in the Condominium, the Trustees shall give notice to such Mortgage holder in writing of any loss to, or taking of, the common areas and facilities or any part thereof, of the Condominium if such loss or taking exceeds ten thousand ($10 , 000 . 00) dollars . 10 . Notices to Unit Owners . Every notice to any unit owner required under the provisions hereof, or which may be deemed by the Trustees necessary or desirable in connection. with the execution of this Trust created hereby or which may be ordered in any judicial proceeding, shall be deemed sufficient and binding if a written or printed copy of such notice shall be -18- e shall not exceed three (3) years ; except that the term of any such contract entered into at any time during the term of the Initial Board shall not exceed six (6) months . C. After the expiration of the term of the Initial Board, the consent of not less than two (2) Trustees shall be necessary for the hiring and dismissal of any employees of the Condominium. 16 . Use of Units . The purposes for which the units and the common areas and facilities are intended to be used are as follows : (i) 'No_ unit is intended or designed for occupancy for resi- dential purposes . Units may be used for any purpose or purposes permitted from time to time by the ,zoning ordinances of the City of Northampton except as other- wise provided 'herein. (ii) No unit shall be used or maintained in a manner incon- sistent with these By-Laws and the rules and regulations from time to time adopted pursuant hereto. (iii) Notwithstanding the foregoing, until the Declarant or its successors in title or its or their nominees , has sold and conveyed all o•f the units , the Declarant or its successor in title or its or their nominees may use one or more units and parking spaces for a sales office or offices or model or models , and may lease or rent unsold units . (iv) Unless otherwise permitted in a writing executed by a majority of the Trustees of the Condominium Trust pursuant to the provisions hereof, the use of the Subject Property shall be limited as follows : (a) No use shall be permitted which in the opinion of the Condominium Trust is inconsistent with : the maintenance, use and occupancy of the general character of the Building as an office building; -21- such power may at any time or from time to time be designated b not less than a majority of the Trustees . All v y ouchers for the payment of any common expense shall after the term of the Initial Board, be approved by not less than two (2) Trustees, in each in- stance. 13 . Seal. The Trustees may, at any time or from time to time, at their dis- cretion, adopt a seal circular in form bearing the name of this Trust and the year in which this instrument was recorded in the Registry of Deeds, or a common or wafer seal, which shall be v for all purposes ._ alid 14 . Fiscal Year. The fiscal year of the Trust shall be the calendar year, or s other date as ma uch y from ti me to time be determined by the Trustees . 15 . Management; Employees . A. The Trustees, at their discretion, may, but need not, appoint a real estate management firm, or manager, to manage the Condo- minium, at such compensation, and upon such terms and conditions as the Trustees see fit. If such management firm, or manager . is so appointed, the Trustees may delegate to such firm or manager such duties as are customarily and usually performed by office condominium property managers in the western Massachuset area, or such duties as the Trustees may at any time and from t time to time, expressly delegate, L p y g provided, however, that the duties and powers , and responsibilities of the Trustees under Sections 1 (b) ; 1 (e) ; l (f) ; 1 (g) ; 1 {m) ; 1 (n) ; 2 ; 3 ; 4 ; 5 ; 6 ; 7; 12 and 15 of these By-Laws shall not be so delegated to anyone whomsoever except the Trustees themselves, or to such of the Trustees as a majority of the Trustees shall designate . - B . Notwithstanding anything to the contrary herein' any are for professional management of the Condominium shall provident that the management contract may be terminated without cause and without payment of a termination fee on ninety (90) days ' written notice, or less, and the term of any such contract -20- (b) The architectural integrity of the Building shall be preserved without modification, and to that end, no awning, screen, antenna, sign, banner, decal or other device and no exterior change, addition, structure, projection, decoration or other feature shall be hereinafter erected or placed upon or attached to the Building or any unit or any part of either without the prior written consent of the Condominium Trust. This subpara- graph (b) shall not restrict the right of unit owners to decorate the interior of their units as they may desire . (c) The units and the common areas and facilities shall be used only for purposes consistent with their design. (d) Each unit shall be used only for such purposes and to such extent as will not overload the structure of the Building or the foundation , or unreasonably overload the capacity of any utility furnished to the Building including but not limited to water; sewer, electricity, gas and telephone . (e) No signs , identification or decoratio-n shall be permitted on the common areas and facilities nor on the exterior doors and windows of any units without the prior written consent of the Condominium Trust. (f) Each unit owner shall be entitled to place a sign on or near the door to his unit of a size and design to be approved by the Trustees of the Condominium Trust, such sign to be installed and maintained at the expense of each unit owner. (g) No signs , wording, lettering, decals or any other - material whatsoever shall be placed upon the inside or outside surface of any window in the Building nor placed upon any curtain or drape, or placed /itnterfere iness invitees , servants , employees , licensees , or tenants, or permit anything by such persons that will unreasonably with the rights , comforts or conveniences of other unit r occupants . 22 . Maintenance and Repairs . A. All maintenance and replacement of and repairs to any unit, ordinary or extraordinary, (other than to the common areas and facilities contained therein not necessitated by the negli- gence, misuse or. neglect of the Owner of such unit) , and to the doors and windows , and to electrical , plumbing, heating and air-conditioning fixtures , and hot water heaters within the unit or belonging to the unit owner which are not a part of the common areas and facilities and the washing of exterior glass of his unit shall be done by the unit owner at the unit owner ' s expense, excepting as otherwise specifically provided herein. Each unit owner shall be responsible for all damage to any and all other units and to the common areas and facilities that his failure to do so may engender. B. All maintenance, and replacements of and repairs to the common areas and facilities as defined in the Master Deed, and the ' ' painting and decorating of the exterior doors of the building and exterior window sash, shall be made by the Trustees and shall be charged to all the unit owners as a common expense , excepting to the extent that the same are necessitated by the negligence, misuse or neglect of a unit owner, in which case such expense shall be charged to such unit owner. 23 . Right of Access - Pass Kevs . A. Subject to the provisions of said Chapter 183A, Section 4 , Clause (2) , the Trustees in their capacities as such Trustees , and any manager engaged by the Trustees , and any persons author- ized by the Trustees or such manager shall have a right of access to all units in the Condominium, at any time in case of emergency, and at all other times during reasonable times by prior appointment with each unit owner, for the purpose of making inspections or repairs to either the unit to which such persons seek access , or to another unit, or any part -25- < L �,,,ployment shall be common expenses of the Condominium. The ;tees, in the absence of fraud, shall be protected in reasonably relying upon the opinion of such attorneys , accountants , appraisers , architects, engineers , or other professionals engaged by the Trustees pursuant to their duties as such Trustees . 19 . Electricity, Other Utilities . Electricity shall be supplied by the public utility servicing the area in which the Condominium is located, directly to each Unit through a separate meter, and each unit owner shall be required to pay all bills and assessments for electricity consumed or used in his unit. Each unit owner shall also be responsible for all other utility bills for utility services furnished to his unit. 20 . Violations by Unit Owners . The violation of any rule or regulation adopted by the Trustees , or the breach of any of these By-Laws , or the breach of any provisions of the Master Deed or of this Trust or of the offending unit owner ' s Unit Deed, shall give the Trustees the right, in addition to any other rights set forth in these By-Laws , to enjoin, abate or remedy by appropriate legal proceedings , either at law or in equity, (or both) the continuance of any such breach. In addition to the foregoing, and no in substitution therefor, the Trustees shall have the power to levy fines against unit owners for such violations . No fine may be levied for more than five ( $5 . 00) dollars for any one violation but for each day a violation continues after notice it shall be considered a separate violation. Collection of fines may be enforced against the unit owner or unit owners involved as Special Common Charges . In the case of persistent violations by a unit owner, the Trustees shall have the power to require such unit owner to post a bond to secure adherence to said rules and regulations , By-Laws , Master Deed, this Trust,_ .or said Unit Deed. 21. Violation of Law. No noxious or unlawful activity shall be carried on in any unit or. in the common areas and facilities nor shall anything be done therein, either willfully or negligently, which may be or become unreasonably annoying to the other unit owners or occupants . No unit owner shall make or permit any disturbing noises by himself, -24- i and the original or a certificate thereof shall, upon request, be delivered to the mortgagee . The Trustees shall periodically obtain an independent appraisal of the full replacement value of all portions of the building, including all of the Units and all of the common areas and facilities and additions , alterations and improvements , without deduction for depreciation, for the purposes of determining the amount of fire and extended coverage insurance to be effected pursuant to this Section, and the amount of such insurance shall in no event be less than the full replacement value as so determined. C . Subject to the provisions of Sections 4 and 9 of these By-Laws , insurance proceeds received by the Trustees shall be held in trust in an identified and segregated fund for the benefit of the unit owners and all mortgagees of all Units . If the cost of restoring the common areas and facilities is estimated by the Trustees to exceed the sum of ten thousand ($10 , 000 . 00) dollars , then the Trustees shall give written notice of such loss to all Listed Mortgagees as herein defined, or if the cost of restoration of any Unit is estimated by the Trustees to exceed one thousand ($1 , 000 . 00) dollars , then the Trustees' - shall give written notice of such loss to the Listed Mortgagees holding the mortgage on that Unit. D. The cost of all such insurance obtained and maintained by the Trustees pursuant to the provisions of this Section 3 shall be a common expense �of the Condominium. E. Any such insurance obtained and maintained by the Trustees pursuant to the provisions of this Section 3 may have a deductible amount to be determined from time to time by the Trustees . F . Each unit owner may carry insurance at his own expense for his own benefit insuring, inter alia , his carpeting, office machinery, fixtures , furniture, furnishings and other personal property, and personal liability, provided that all such policies shall. contain waivers of subrogation, and further provided, that. the liability of the carriers issuing insurance obtained by the Trustees shall not be affected or diminished by reason --7- r' t t out deduction for de recd :i. P a n on, with loss payable to the Trustees, as Insurance Trustees ; (2) Worker ' s compensation insurance if the Trustees shall have an employee or employees ; (3) public liability insurance in such amounts and with such coverage as the Trustees shall from time to time determine, with a combined single limit for both personal injury and death of not less than three hundred thousand ($300 , 000 . 00) dollars , and not less than fifty thousand ($50 , 000 . 00) dollars for property damage, but at least covering each member of the Trustees , the managing agent or the manager, if any, and each unit owner and with cross liability endorsement to cover liabilities of the Condominium to a unit owner; and (4) such other insurance as the Trustees may determine . All such Policies shall provide that adjustment of loss shall be made by the Trustees and that the net proceeds thereof shall be payable to the Trustees . The Trustees shall periodically re-evaluate the amount of public liability insurance to be carried by them as set forth in clause (3 ) of this Section 3 to the end that the limits of such insurance shall not be less than the amounts specified in said clause (3) , or, not less than limits of such liability insurance as are carried by other office condominium unit owners ' associations in com- parable condominiums in western Massachusetts , whichever is higher. B. All such policies of physical damage insurance shall, insofar as practicable , contain waivers of subrogation as to any claim against the Trustees , their agents and employees , unit owners , their respective employees , agents and guests , and of any defense based on invalidity arising from the acts of the insured and shall provide that such policies may not be cancelled or substantially modified with at least twenty (20) days ' prior written notice to all of the insureds , including all mortgagees of Units , and recovery thereunder shall not be affected on account of the availability of proceeds under any policies obtained by individual unit owners covering their own. Units . A certificate of insurance, showing the amount of insurance, shall be issued to the owners of each unit -6- c � common expenses due with respect to such Unit, signed and acknowledged by a majority of the Trustees in proper form for recording, upon the written request of such unit owner or buyer or mortgagee or attorney and upon payment of five ($5 . 00) dollars by such unit owner, buyer, mortgagee or attorney. Recording of such statement in the Registry of Deeds shall operate to discharge the Unit from any lien for any other sums unpaid not enumerated as of the date of such statement to the extent provided by said Chapter 183 A. D. The Trustees shall expend common funds only for common ex- penses -and lawful purposes permitted hereby and by the provisions of said Chapter 183A. E. Notwithstanding anything to the contrary herein, any first mortgagee who comes into possession of a Unit pursuant to the remedies provided in its mortgage, foreclosure of its mortgage, or deed (or assignment) in lieu of foreclosure, shall take the property free of any claims for unpaid common expenses or assessments or charges against such Unit which accrued prior to the time such mortgagee or mortgage holder comes into possession of such Unit (except for claims for a pro rata share of such common expenses or assessments or charges resulting from a pro rata re-allocation of such common ex- penses or assessments or charges to all Units , including the 111111 1 'I.Ilp-d 1111 i t ) . 3 . Insurance . A. The Trustees shall be required to obtain and maintain, to the extent obtainable, the following insurance : (1) fire with extended coverage insuring all portions of the building, j."c,luJ"19 t11e- Common areas and facilities of the Condominium, and all of the Units but -not. �including carpeting, office machinery fixtures , furniture, furnishings, or other personal property supplied to or installed by unit owners, covering the interest of the Condominium, the Trustees and all Unit Owners and their mortgagees, as their interests may appear, in an amount at least equal to the full replacement value of the building, common areas and facilities , and Units , with- -5- 1 1r 1 ! ments shall be payable and take effect as set forth in such t` statements . The Trustees may in their discretion provide for payments of such supplemental assessment statements in monthly or other installments . The amount of each such statement, for regular or supplemental assessments , together with interest thereon, if not paid when due, at a rate of ten (100) percent together with all expenses, including attorneys ' fees , incurred by the Trustees in any proceeding brought to collect such unpaid common charges , shall constitute a lien on the Unit of the unit owner assessed pursuant to the provisions of Section 6 of said Chapter 183A, and may be collected by the Trustees pursuant to said Section. The Trustees shall take prompt action to collect any common charge due from any unit owner which remains unpaid for more than thirty (30) days from the due date thereof. In the event that the Trustees bring an action to foreclose a lien on any Unit pursuant to said statute, the unit owner shall pay a reasonable sum for use and occupancy of his Unit from the date of foreclosure until the unit owner vacates the Unit, (the plaintiff in such forclosure action shall be entitled to the appointment of a receiver to collect the same) but nothing in this sentence shall be deemed to grant any unit owner the right to remain in possession of his Unit after such foreclosure. The Trustees , acting on behalf of all unit owners , shall have power to purchase such Unit at the fore- closure sale and to acquire, hold, lease, mortgage (but not vote the vote appurtenant to) , convey or otherwise deal with the same . A suit to recover a money judgment for unpaid common charges shall be maintainable without foreclosing or waiving the lien securing the same. In the event of any suit or fore- closure by the Trustees, the Trustees shall be entitled to interest at a rate of ten 110%) percent and all costs of collection, suit and foreclosure, including attorneys ' fees . C. The Trustees shall promptly provide any unit owner, or any unit buyer who has a duly executed Purchase and Sale Agreement for the acquisition of a Unit, or any mortgagee, or the attorney of any such party, with a written statement of all unpaid -4- 2. Common Expenses and Profits . A. Each unit owner shall be liable for common expenses and shall be entitled to common profits of the Condominium in the same proportion as his beneficial interest in this Trust bears to the aggregate beneficial interest of all the other unit owners . The Trustees may at any time or times distribute common profits among the unit owners in such proportions . The -Trustees may establish and maintain reserve funds for maintenance, repairs and replacement of the common areas and facilities. In addition thereto, the Trustees may, to such extent as they deem advisable, set aside common funds of the Condominium as additional reserves and may use the funds so set aside for-reduction of indebtedness or other lawful capital purposes , and, subject to the provisions of Section 4 , 5 ,- 6 and 9 of these By-Laws , for repair, rebuilding or restoration of the Condominium, or for improvements thereto, and for re- placement of the common areas and facilities , and other proper contingencies . B. At least thirty (30) days prior to the commencement of each fiscal year of this Trust, the Trustees shall estimate the common expenses expected to be incurred during such fiscal year, and after taking into account any undistributed common profits from prior years , shall determine the assessment to be made for such fiscal year. The Trustees shall promptly furnish copies of each budget on which such assessment is based to all unit owners, and, if requested, to their mortgagees . The Trustees shall promptly render statements to the unit owners for the respective shares of such assessment, and each unit owner thereafter shall pay his share of the estimated common expenses monthly in advance on the first day of each - month. In the event that at any -time anf from time to time the Trustees shall determine during any fiscal year that the assessment so made is less than the common ex- penses actually incurred, or to be incurred , including but not limited, to provisions for proper reserve funds, the Trustees shall made a supplemental assessment or assessments and render statements therefor in the manner aforesaid, and such state- -3- a- r and regulations covering the details of the operation r- p ion and use of the Common areas and facilities . F'r f) Opening of bank accounts on behalf of the Condominium, and, subject to the provisions hereof, designating the signatories required therefor. g) Leasing, managing and otherwise dealing with such facilities as may be provided for in the Master Deed as being common areas and facilities . h) Owning,- conveying, encumbering, leasing and otherwise dealing with Units conveyed to the Trust or purchased by it as a result of enforcement of the lien for common expenses , or otherwise . i) Obtaining of insurance for the Condominium, including the Units , pursuant to the provisions hereof. j ) Making of repairs , additions and improvements to, or alterations or restoration of, the Condominium, in accordance with the other provisions of this Trust. k) Enforcing obligations of the Unit Owners , allocating income and expenses , and to do anything and everything else necessary and proper for the sound management of the Condominium. 1) Subject to the provisions of subsection b) of Section 28 of these By-Laws , purchase or leasing a Unit. M) Granting or relocating easements , and purchasing of units at foreclosures or other judicial sales . n) Organizing and maintaining Corporations , Trusts, or other entities to act as nominee of the Condominium in acquiring title to Units on behalf of- al-1--Unit Owners under the provisions hereof. o) Conducting litigation as to any course of action involving the common areas and facilities or arising out of the enforecement of the By-Laws , rules and regulations , and Master Deed and this Trust. -2- EXHIBIT A Incorporated into and made a part of the Declaration of Trust of BRIDGE WAY PLAZA CONDOMINIUM TRUST under Declaration of Trust dated August 1, 1985 and to be recorded in the Hampshire County Registry of Deeds . BY-LAWS The provisions of this Exhibit A to the BRIDGE WAY PLAZA CONDOMINIUM TRUST shall constitute the By-Laws of the BRIDGE WAY PLAZA CONDOMINIUM TRUST, the organization of unit owners established by said Trust. 1 . Powers and Duties of the Trustees . The Board of Trustees shall have all powers necessary for the administration of the affairs of the Condominium as set forth in Massachusetts General Laws , Chapter 183A, ( "Condominiums " , hereinafter called "Chapter 183A") , and they may do any and all acts necessary or desirable for the administration of the affairs of the Condominium except only for such acts as may not, under law, or under the provisions of the Master Deed, or this Trust, be delegated to the Trustees by the Unit Owners . Such powers and duties of the Trustees shall include, but shall not be limited to, the following : a) Operation, care, upkeep and maintenance of the Common areas and facilities . b) Determination of the common expenses required for the affairs of the Condominium, including, but not limited to the operation and maintenance of the Common areas and facilities . c) Collection of the common c-harge-a from the Unit Owners . d) Employment and dismissal of the personnel necessary or advisable for the maintenance and operation of the common areas and facilities . e) Subject to the provisions of Section 7 of these By-Laws , adoption, amendment, and administration (including waiver) of rules f. s hereof, or the remainder of such provision or such part of such provision. .r` d) No restriction, condition, obligation or provision contained herein (including but not limited to the By-Laws hereof attached hereto as Exhibit A and incorporated herein by reference) shall be deemed to have been waived by reason of any failure to enforce the same , irrespective of the number or frequency of violations or breaches thereof which may occur. e) In the event of any conflict between the provisions hereof (including but not limited to the By-Laws hereof attached hereto as Exhibit A and incorporated herein by reference) and the provisions of Massachusetts General Laws , Chapter 183A, and the Master Deed, then the provisions of said Chapter 183A, or of the Master Deed, as the case may be, shall control . Words defined in said Chapter 183A shall have the same meaning herein as defined in said statute, unless the context clearly indicates otherwise . Executed as an instrument under Seal at Hampshire County, Massachusetts this I/ day of i';!.'i ,% 1985 Signed in the VALYTE CONTROL TECHNOLOGIES , INC: presence of : By Its President and- Treasurer :, Witness COMMONWEALTH OF MASSACHUSETTS HAMPSHIRE, SS . Then personally appeared the above-named President and Treasurer of Valy_te Gontrol Technologies , Inc . , Trustee as aforesaid and acknowledged the foregoing instrument to be the free act and deed of Valyte Control Technologies , 'nc . before me . Notary Public My Commission Expires : -14- be conclusive if made in good faith, all other property then held by them in trust hereunder to the unit owners according to their respective percentages of beneficial interest here- under. In making any sale under the provisions of this sub- section c) of this Section 7, the Trustees shall have the power to sell or vary any contract of sale and to resell without being answerable for loss , and, for said purposes , to do all things, including the execution and delivery of instruments, as may by their performance thereof be shown to be in their judgment necessary or desirable in connection therewith. The powers- of sale and all other powers herein given to the Trustees shall "continue as to all property at any time remaining in their hands or ownership, even though all times herein fixed for distribution of trust property may have passed . The provisions of Section 32 of the By-Laws hereto shall at all times take precedence over the provisions of this Section 7. 8 . CONSTRUCTION: INTERPRETATION: a) In the construction hereof, whether or not so expressed, words used in the singular or in the plural , respectively, shall include both the plural and singular; words denoting males include females; and words denoting persons include) individuals, firms , associations, companies (joint stock or otherwise) , partnerships , entities and quasi-entities, trusts and corporations ; unless a contrary intention is to be inferred from or is required by the subject matter or context. The marginal and sectional captions and headings are inserted only for convenience of reference and are not to be taken to be any part hereof or to control or affect the meaning, construction, interpretation, or effect hereof. b) All of the trusts , powers , and provisions herein contained shall take effect and be construed according to the laws of the Commonwealth of Massachusetts in general and with respect to Massachusetts General Laws, Chapter 183A, in particular. c) The. invalidity of any provision or part of such provision hereof shall not impair or affect in any manner the remainder -13- Sponsor remains the owner of any Unit in the Condominium; or r' according(ii) _ g to the purport of which, the percentage of r the beneficial interest hereunder of any unit owner would be altered, or in any manner or to any extent whatsoever, modified or affected so as to be different than the percentage of the individual interest of such unit owner in the common areas and facilities as set forth in the Master Deed other than by consent of all of the unit owners and all .of the mortgagees, or (iii) which would render this Trust contrary to or inconsis- tent with any requirements or provisions of said Chapter 183A. Any amendment, alteration, addition or change pursuant to the foregoing provisions of this Section shall become effective upon the recording in the Registry of Deeds of an instrument of amendment, alteration, addition or change , as the case may be, signed, sealed and acknowledged in proper form for recording, by a majority of the Trustees and by unit owners entitled to not less than seventy-five ( 75%) percent of the beneficial interest hereunder, setting forth in full the amend- ment, alteration, addition, or change . Such instrument, so executed and recorded, shall be conclusive evidence of the existence of all facts and of compliance with all prerequisi-es to the validity of such amendment, alteration , addition, or change, whether stated in such instrument or not, upon all questions as to title or affecting the rights of -third persons and for all other purposes . b) The Trust hereby created shall terminate only upon the removal of the Condominium from the provisions of Chapter 183A in accordance with the procedure therefor set forth in said Chapter 183A. C) Upon the termination of this Trust, the Trustees may, subject to and in accordance with the provisions of said Chapter 183A, sell and convert into money the whoe of the trust property, or any part or parts thereof, and, after paying or retiring all known liabilities and obligations of the Trustees and , providing for indemnity against any other outstanding liabilities and obligations , shall divide the proceeds thereof among, and distribute in kind, at valuations made by them which shall -12- with the Trustees , the trust property, or any beneficiary r' hereunder, shall be held to have notice of any alteration or amendment of this Declaration of Trust, or change of Trustee or Trustees , when the same shall be so recorded. Any certi- ficate signed by a majority of the Trustees in office at the time as they then appear of record in the Registry of Deeds setting forth as facts any matters affecting the trust, including statements as to who are the Trustees , as to what action has been taken by the Trustees or beneficiaries , and as to matters determining the authority of the Trustees to do any act, when duly acknowledged and recorded in the Registry of Deeds , shall be conclusive evidence as to the existence of such alleged facts in favor of all third persons, including the Trustees acting in reliance thereon . Any certificate executed by a majority of the Trustees hereunder as they then appear of record in the Registry of Deeds setting forth the existence of any facts , the existence of which is necessary to authorize the execution of any instrument or the taking of any action by such Trustees or majority, as the case may be, shall, when duly acknowledged and recorded in the Registry of Deeds , as to all persons acting in good faith in reliance thereon, be conclusive evidence of the truth of the statements made in such certificate and of the existence of the facts therein set forth. 7 . AMENDMENTS ; TERMINATION : Subject, however, to the provisions of Section 32 of the By-Laws hereto : - + a) A majority of the Trustees , with the consent in writing of unit owners entitled to at least seventy-five (75%) percent . of the beneficial interest hereunder, may at any time and from time to time amend, after,y add to, or change this Declaration of Trust in any manner or to any extent, the Trustees first, however, being duly indemnified to their reasonable satisfaction against outstanding obligations and liabilities ; provided, however, that no such amendment, alteration, addition or change shall be made : (i) without the prior written consent of the Sponsor obtained in each instance , for so long as the -11- S'dS i x .'. I-c=W i= s=a-ciag anything to the contrary herein, and not- t Y'. � 4 =_.___-, ing any custom or usage to the contrary, no recourse at any time be had under or upon any note, bond, con- tract, order, debt, claim., instrument, certificate , undertaking, obligation, covenant or agreement, whether oral or written, made, issued - or executed by the Trustees or by any agent or employee of the Trustees, or by reason of anything done or omitted to be done by or on behalf of them or any of them, against the Trustees individually, or against any such agent or employee, or against any beneficiary, either directly or indirectly, by legal or equitable proceedings, or by virtue of any suit or otherwise, and all persons extending credit to, contracting with, or having any claim against the Trustees , shall look only to the trust property for payment under such note, bond, contract, order, debt, claim, instrument, certificate, undertaking, obligation, covenant, or agreement, or for the Payment of any debt, damage, judgment or decree, or of any money that may otherwise become due or payable to them from the Trustees , so that neither the Trustees nor the beneficiaries , present or future, shall ever be personally or individually liable therefor; provided, however, that nothing herein contained shall be deemed to limit or impair the liability of the unit owners under the provisions of said Chapter 183A. d) Every note, bond, contract, order, instrument certificate, undertaking, 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 subject to the terms , conditions , pro- visions and restrictions hereof, whether or not express reference shall be made to this instrument . e) This Declaration of Trust and amendment hereto and any Certificate herein required or which it may be deemed desirable to record, shall be recorded with the Registry of Deeds and . such record when executed according to the requirements of this Declaration of Trust shall be deemed conclusive evidence of the contents and effectiveness thereof according to the . tenor thereof; and all persons dealing in any manner whatsoever -10- be binding upon this Trust when so recorded . Whenever subsequent to the expiration of the term of the Initial Board, there shall be only one (1) Trustee hereunder, such Trustee shall have no power or authority to execute any instru- ments or do or perform any act on behalf of the Trust. b) No purchaser, mortgagee, lender, or other person dealing with a majority of the Trustees as they then appear of record in the Registry of Deeds shall be bound to ascertain or inquire further as to the persons who are then the Trustees hereunder or be affected with any notice , implied or actual, relative thereto, other than by a certificate thereof, so recorded, and such recorded certificate shall be conclusive evidence of the personnel of said Trustees and of any changes therein. The receipts of a majority of the Trustees for money paid or things delivered to them shall be effectual discharges therefrom to the persons paying or delivering the same, and no person from whom a majority of the Trustees shall receive any money, property or other credit, shall be required to see to the application thereof. No purchaser, mortgagee, lender or other person dealing with a majority of the Trustees, or with any real or personal property which then is or formerly was trust property shall be bound to ascertain or inquire as to the existence or occurence of any event or -purpose in or for which a sale, mortgage, pledge or charge is herein authorized or directed, or otherwise as to the purpose of regularity of any of the -acts of a majority of the Trustees purporting to be done in pursuance of any of the provisions or powers herein contained, or as to the regularity of the resignation or appointment of any Trustee . Any instrument of appointment of a new- Trustee or resignation or discharge of a Trustee purporting to be executed by the Trustees , unit owners or other persons herein required to execute the same, shall be conclusive evidence in favor of any such purchaser or other person dealing with the Trustees of the matters therein recited relating to such discharge, resignation or appointment or the occasion thereof. -9- ` 4 . BENEFICIARIES AND THEIR BENEFICIAL INTEREST : a) The beneficiaries hereof shall be the unit owners of the Condominium, for the time being. The beneficial interest in the Trust hereunder shall be divided among the unit owners as set forth on Exhibit C of this Declaration of Trust which is hereby incorporated herein by this reference and made a part hereof, with the same force and effect as though fully set forth in the body hereof. b) The beneficial interest of each unit of the Condominium shall be held and exercised as a unit and shall not be divided among several owners of any such unit. To that end, whenever any of said- units is owned of record by more than one person, the several owners of such unit shall : (i) determine and designated 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 (ii) notify the Trustees of 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 of such notice , and may be changed at any time and from time to time by notice as aforesaid. In the absense of any such notice of designation, the Trustees may, by majority vote, designate any one of such owners for such purposes . 5 . BY-LAWS : The By-Laws of this Trust are attached hereto as Exhibit A which is hereby incorporated herein by this reference and made a part hereof with the same force and effect as though fully set forth in the body hereof. 6 . RIGHTS AND OBLIGATIONS OF THIRD PARTIES DEALING WITH THE TRUST: a) Any instrument signed and -acknowledged in proper form for recording, by (i) the sole member of the Initial Board and (ii) subsequent to the expiration of the term of the Initial Board by a majority of the Trustees hereunder as they then appear of record in the Registry of Deeds , and recorded in . the Registry of Deeds may be relied on as conclusively establishing that such instrument was the free act of this Trust and shall -8- 1' ' Trustee may receive reasonable compensation for any extraordinary or unusual services rendered by him in connection with this Trust, and such compensation shall be a common expense of the Condominium. With the prior written approval in each instance of a majority of the Trustees, any Trustee may be engaged to render services to this Trust, legal, accounting, or otherwise, at such compen- sation as shall be fixed by the Trustees , and any fees or other compensation shall be a common expense of the Condominium. Notwithstanding anything to the contrary in this subsection h) of this Section 3 , no compensation, reimbursement or fees shall be paid to the Initial Board pursuant to the provision of subsection a) of this Section 3 . A Trustee shall abstain from voting upon any question regarding reimbursement, compen- sation, or fees proposed to be paid to him pursuant to the provisions of this subsection h) of this Section 3 , or upon any question regarding the engagement of himself, or any firm, association, corporation or partnership of which he is a member, to render services , legal , accounting or otherwise to this trust. i) Indemnity The Trustees and each of them shall be entitled to indemnity both out of the trust property, and by the unit owners severally in proportion to their ownership in the common areas and facili- ties against any liability incurred by them or any of them in the execution hereof, including, without limitation, liabilities in contract and in tort and liabilities for damages , penalties and fines . Each unit owner shall be personally liable for all sums lawfully assessed for his share of the common expenses' of the Condominium and for his proportionate share of any claims involving the trust property in excess thereof. j ) Officers . The Trustees subsequent to the Initial Baord shall elect from their number,, at the annual meeting of the Trustees , a Chairman, ' Treasurer, and Secretary, who shall have such duties as are determined by the Trustees . -7- ` or gain or by reason of anything except his own personal and wilful malfeasance, bad faith, or fraud. g) Conflict of Interest No Trustee shall be disqualified by his office from contracting or dealing with the Trustees or with one or more unit owners (whether directly or indirectly because of his interest indi- vidually or the Trustees ' interest or any unit owner ' s interest in any corporation, firm, trust or other organization connected with such contracting or dealing or because of any other reason) , as vendor, purchaser or otherwise, nor shall any such dealing, contract-or arrangement entered into in respect of this Trust in which any Trustee shall be in any way interested, be avoided, nor shall any Trustee so dealing or contracting or being so interested, be liable to account for any profit realized by any such dealing, contract or arrangement by reason of such Trustee ' s holding office or of the fiduciary relationship hereby established, provided the Trustee shall act in good faith and shall disclose to the other Trustees the nature of his interest before the dealing, contract, or arrangement is entered into. It is understood and permissible for the Inital Board hereunder and any other Trustees designated by the Inital Board or who are employed by or affiliated or associated with -the Sponsor, to contract with the Sponsor and any corporation, firm, trust or other organization controlled by or affiliated or associated with the Sponsor without- fear of being charged with self-dealings . h) Compensation The Trustees shall receive no compensation for their services as such Trustees, but with the prior written approval in each ' instance of a majority of-the 'Trustees , and upon presentation of proper vouchers , each Trustee may be reimbursed for actual out-of-pocket expenses paid or incurred by him pursuant to his duties as such Trustee , and such reimbursement shall be a common. expense of the Condominium. With the prior written approval in each instance of a majority of the Trustees , each -6- such removal . All such actions shall be effective upon recording of the pertinent instrument with the Registry of Deeds . After reasonable notice and opportunity to be heard before the unit owners called pursuant to Section 8 of the By-Laws hereof, a Trustee (except the Initial Board) may be removed from office, with cause, by an instrument in writing signed by unit owners entitled to at least seventy-five ( 750) percent of the beneficial interest hereunder, such instrument to take effect upon the recording thereof in the Registry of Deeds . e) Bonds Not Required No Trustee named, appointed or designated as hereinbefore provided, whether as original Trustee or as successor to or as substitute for another shall be obligated to give any bond or surety or other security for the performance of any of his duties hereunder, provided, however, that unit owners entitled to at least seventy-five (750) percent of the bene- ficial interest hereunder may at any time , by instrument in writing signed by them and delivered to the Trustee or Trustees affected, require that any one or more of the Trustees (except the Inital Board) shall give a bond in such amount and with such sureties as shall be specified in such instrument. All expenses incident to any such bond and sureties shall be charged as a common expense of the Condominium. f) Good Faith No Trustee hereinbefore named, or appointed or designated as hereinbefore provided, shall under any circumstances or in any event be held liable or accountable out of his personal assets or estate or be deprived of compensation by reason of any action taken, suffered or omitted in good faith, or be so liable, accountable cif deprived for more money or other property than he actually receives , or for allowing one or more of the other Trustees to have possession of the Trust books or property, or be so liable, accountable or deprived by reason of honest errors of judgment or mistakes of fact or law or by reason of the existence of any personal interest -5- hold office until his , or her, respective successor shall have been designated by the unit owner so entitled and such designation recorded in the Registry of Deeds , as aforesaid, or until such Trustee resigns , is removed, or dies , whichever occurs sooner. Each unit owner may appoint himself, but no Trustee need be a unit owner. c) Majority vote In any matters relating to the administration of the Trust hereunder and the exercise of the powers hereby conferred, the Trustees may act by a majority vote at any duly called meeting- at which a quorum is present as provided in the By- Laws hereof, provided, however, that except during the term of the Inital Board in no event shall a majority consist of less than two (2) Trustees hereunder, and if and whenever the number of Trustees hereunder shall become less than two ( 2) , the then remaining or surviving Trustee , if any, shall have no power or authority whatsoever to act with respect to the administration of the Trust hereunder or to exercise any of the powers conferred hereby. The Trustees may also act without a meeting by instrument signed by a majority (but not less than two (2) of their number) . The provisions of ` this subsection c) shall not apply during the term of the Inital Board. d) Resicnation ; Removal Any Trustee may resign at any time by instrument signed and duly acknowledged by that- Trustee . Resignations shall take effect upon the recording of such instrument with the Registry of Deeds . Any Trustee may be removed from office, with or without cause, by all owners of the unit which designated that Trustee . A Trustee designated by the owners of more than one unit may be removed from representation of any one or more of the units which designated that Trustee while con- tinuing as Trustee for the owners of other units who so desig- nated him. Removals shall be effected by an instrument stating the fact of removal signed by all owners of the unit (s) making the removal and may be made regardless of whether another person is being designated Trustee by the units effecting -4- ► section b) . After the expiration of the two (2) year term of the Initial Board, namely Valyte Control Technologies , Inc . , (and in no event prior thereto) , at any time and from time to time, the owners of Units 1, 2 , 3 and 4 shall each designate one (1) Trustee . All owners of a unit shall act unanimously in making any such designation of a Trustee. Any such designation shall become effective upon (a) written notification thereof to the other unit owners and Trustees executed by the unit owner making such designation, and (b) recording in the Hampshire County ,Registry of Deeds (hereinafter in this Trust and in the By-Laws hereto called the "Registry of Deeds " ) of an instru- ment of such designation executed by the unit owner making such designation, and a written acceptance of such designation signed by the Trustee so designated, and such person shall then be and become such Trustee and shall then be and become vested with title to the Trust property, jointly with the remaining or surviving Trustee or Trustees without the necessity of any act of transfer or conveyance. If for any reason there shall be less than four (4) Trustees in office for more than sixty (60) days, a Trustee or Trustees to fill such vacancy or vacancies may be appointed by any court of competent juris- diction upon the application of any unit owner and notice to all unit owners and all Trustees and to such other parties in interest, if any, to whom the court may direct that notice be given , and such appointment shall become effective upon the recording with the Registry of Deeds of a certificate or order of such appointment. Notwithstanding anything to the contrary in this subsection b) despite any vacancy in the office of Trustee, however caused and for whatever duration,- the remaining or surviving Trustees , subject to the provisions of the immediately following subsection c) shall continue to exercise and discharge all of the powers , discretions and duties hereby conferred or imposed upon the Trustees . The same Trustee may be designated by the owner of more than , one (1) unit. Each Trustee so designated shall -3- e for the purposes therein set forth. b) It is hereby expressly declared that a trust, and not a partnership, has been hereby created and that the Unit Owners are beneficiaries and not partners or associates or any other relation whatever among themselves with respect to the trust property, and hold no relation to the Trustee other than as such beneficiaries, with only such rights as are conferred upon them as such beneficiaries hereunder and under and pursuant to the provisions of said Chapter 183A. 3 . TRUSTEES : Appointment of Trustees a) Initial Board of Trustees The initial Board of Trustees shall consist of the sole Trustee named in the first paragraph of this Declaration of Trust, to wit: Valyte Control Technologies , Inc . The term of Valyte Control Technologies , Inc . , shall be for two (2) years , from the date on which this Trust is recorded. Notwithstanding any other term or provision of this Trust to the contrary: (A) the Unit Owners shall have no power or right to remove the Inital Board, nor to appoint any additional or successor trustees , until the expiration of the two ( 2) year term of said Initial Board shall have expired, and (B) during the two ( 2) year term of the Initial Board, any vacancy in the office of a Trustee , however caused, shall be filled only by the designation of the sole Trustee , Valyte Control Tech- nologies , Inc . Notwithstanding anything to the contrary herein, whenever in this Trust and in the By-Laws and rules and regu- lations hereto, the term "majority" is used, it is expressly understood that such term shall be operative only after the expiration of the term of the- -Initial Board hereunder. b) Subsequent Board of Trustees After the initial two ( 2) year term of the Initial Board, namely, Valyte Control Technologies, Inc . , there shall at all subsequent times be a Board of Trustees hereunder consisting of four (4) Trustees as set forth hereinafter in this sub- -2- ` BRIDGE WAY PLAZA CONDOMINIUM BRIDGE WAY PLAZA CONDOMINIUM TRUST DECLARATION OF TRUST DECLARATION OF TRUST of BRIDGE WAY CONDOMINIUM TRUST made at Northamp- ton, Hampshire County, Massachusetts by VALYTE CONTROL TECHNOLOGIES , INC. , a Massachusetts corporation with a principal office at Northampton, Hampshire County, Massachusetts, hereinafter called the "Trustee" , which term includes its successors in trust . The term "Trustee" also means the Trustee or Trustees for the time being hereunder, whenever the context so permits . 1. NAME OF TRUST : The Trust created hereby shall be known as the BRIDGE WAY PLAZA CONDOMINIUM TRUST and all activities carried on by the Trustee hereunder shall , insofar as legal , practical and con- venient, be conducted under said name and style. 2 . PURPOSES : a) All of the rights and powers in, to and with respect to the common areas and facilities of the BRIDGE WAY PLAZA CON- DOMINIUM established by Master Deed of even date and recorded herewith (hereinafter called the "Condominium" ) , which are ` by virtue of the provisions of Massachusetts General Laws , Chapter 183A, "Condominiums " (hereinafter called "Chapter 183A") conferred upon or exercisable by the organization of unit owners of the Condominium and all property, real and personal, tangible and intangible, conveyed to the Trustee hereunder shall (whenever there are more than one Trustee hereunder) vest in the Trustees as joint tenants, with right of survivorship, as Trustees of this Trust, BUT IN TRUST NEVER- THELESS , to exercise, manage, administer and dispose of the same and to receive the income- thereof for the benefit of the owners of record from time to time of the units of the Condominium (hereinafter called the "Unit Owners" ) , according to the schedule of beneficial interest referred to in Section 4 hereof, and- in accordance with the provisions of said Chapter 183A. This Trust is the organization of the Unit Owners established pursuant to the provisions of said Chapter 183A ?' t ' TABLE OF CONTENTS CONTINUED 25 . No Alterations 26 . Combustible Materials 27 . Safety 28 . Sale of Units 29 . Tenants 30 . Non-Discrimination 31. Percentage of Unit Owners 32 . Protection of Mortgagees 33 . Right of First Refusal 34 . Parking lot 35 . Electric Meters 36 . Special Common Charges III . Exhibit B to Trust - Rules and Regulations of Trust 1 . No Obstruction of Common Areas and Facilities 2 . Parking Lot 3 . Office and Common Area Cleaning 4 . Delivery Vehicles IV. Exhibit C to Trust - Beneficiaries and their Beneficial Interest • yf`y r .�1 BRIDGE WAY PLAZA CONDOMINIUM TRUST TABLE OF CONTENTS I . Declaration of Trust 1 . Name of Trust 2 . Purposes 3 . Trustees 4 . Beneficiaries and their Beneficial Interest 5 . By-Laws 6 . Rights and Obligations of Third Parties Dealing with the Trust 7 . Amendments ; Termination 8 . Construction; Interpretation II . 1 . Powers and Duties of the Trustee 2 . Common Expenses and Profits 3 . Insurance 4 . Rebuilding and Restoration 5 . Condemnation 6 . Improvements 7 . Rules and Regulations 8 . Meetings 9 . Listed Mortgagees ; Notices 10 . Notices to Unit Owners '11 . Inspection of Books ; Reports to Unit Owners 12 . Checks and Notes 13 . Seal 14 . Fiscal Year 15 . Management; Employees 16 . Use of Units 17 . Use of Common Areas and .Facilities 18 . Attorneys, Accountants , Appraisers 19 . Electricity, Other Utilities 20 . Violations by Unit Owners 21. Violation of Law 22 . Maintenance and Repairs 23 . Right of Access - Pass Keys 24 . Structural Integrity EXHIBIT "C" Incorporated into and made a part of the Amendment of the Declaration of Trust of BRIDGEWAY PLAZA CONDOMINIUM TRUST dated March 10 , 1987 , and to be recorded in the Hampshire County Registry of Deeds . The beneficial interest in the BRIDGEWAY PLAZA CONDOMINIUM TRUST shall be divided among the unit owners in the condiminium r as set forth below: UNIT DESIGNATION BENEFICIAL INTEREST IN THE TRUST * lA 11% 13 11% 2A 11% 2B 11% 3A 11% 3B 11% 4A 12% 4B 11% 4C - 11% 100% COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named ROBERT S . VARADY and swore the above to be his free act and deed. _ ! Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named RA ND' . REX, JR. and swore the above to be his free act and de /14o ary Public My �o Expires : /�//�� o . COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named CYNTHIA P . AQUADRO and swore the above to be her free act and deed. Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 1987 Before me appeared the above-named MICHAEL P . SMITH and swore the above to be his free act -nd deed. /No'cary Public My Comm. Expires : /9 fV 4,--11 1�i>.j, COMMONWEALTH OF MASSACHUSETTS Hamsphire , SS March 10 , 1987 Before me appeared the above-named PATRICK M. GOGGINS and swore the above to be his free act/,;and deed. /n Notary Public My Comm. Expires : My Comrik s;ort *xpiies November 28, 1991 COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the abov-e-nafie'd TIMOTHY P . S ICARD and swore the above to be his free act and deed. Notary Public My Comm. Expires : -5- . ' E � E - COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named ROBERT A. VARADY, Trustee of the Bridgeway Plaza Condominium Trust, and swore the above to be his free act and deed. Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named DONALD GROSE and swore the above to be his free act and de d. Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named JAMES LUNNY and swore the above to be his free act and d ed. Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named CHRISTOPHER T. AQUADRO and swore the above to be his free act and deed. Notary Public My Comm. Expires : -4- i as provided in the By-Laws hereof, provided, however, that except during the term of the initial Board in no event shall a majority consist of less than five ( 5 ) Trustees hereunder, and if and whenever the number of Trustees hereunder shall become less than five (5 ) , the then remaining or surviving Trustee, if any, shall have no power or authority whatsoever to act with respect to the administration of the Trust hereunder or to exercise any of the powers conferred hereby. The Trustees may also act without a meeting by instrument signed by a majority (but not less than five ( 5 ) of their number) . The provisions of this subsection c) shall not apply during the term of the Initial Board. The attached Exhibit "C" will replace the old Exhibit "C" WITNESS our hands and seals thi 0th day of March 1987 . z. TPC t Var y, T��st2e � Donald Grose ame unny � . hr4st pher J./AQ adro Cynthia P . Aquadro Michael P . `S fn it Patrick A Go gi s Timotny P . is f rd R Bert S . 'Varady Raym6 id R. Rex, Jr. -3- Trustee . All owners of a unit shall act unanimously in making any such designation of a Trustee. Any such designation shall become effective upon (a) written notification thereof to the other unit owners and Trustees executed by the unit owner making such designation, and (b) recording in the Hampshire County Registry of Deeds (hereinafter in this Trust and in the By-Laws hereto called the "Registry of Deeds " ) of an instrument of such designation executed by the unit owner making such designation, and a written acceptance of such designation signed by the Trustee so designated, and such person shall then be and become such Trustee and shall then be and become vested with title to the Trust property, jointly with the remaining or surviving Trustee or Trustees without the necessity of any act of transfer of conveyance . If for any reason there shall be less than five ( 5 ) Trustees in office for more then sixty ( 60 ) days, a Trustee or Trustees to fill such vacancy or vacancies may be appointed by any court of competent jurisdiction upon the application of any unit owner and notice to all unit owners and ail Trustee and to such other parties in interest, if any, to whom the court may direct that notice be given, and such appointment shall become effective upon the recording with the Registry of Deeds of a certificate or order of such appointment . Notwithstanding anything to the contrary in this subsection b) despite any vacancy in the office of Trustee, however caused and for whatever duration, the remaining or surviving Trustees , subject to the provisions of the immediately following subsection c) shall continue to exercise and discharge all of the powers, discretions and duties hereby conferred or imposed upon the Trustees The same Trustee may be designated by the owner of more than one ( 1 ) unit . Each Trustees so designated shall be authorized to have voting power equal to the number of units he or she has been designated to represent, and to hold office until his or her respective successor shall have been designated by the unit owner so entitled and such designation recorded _in. the Registry of Deeds, as aforesaid, or until such Trustee resigns , is removed, or dies , whichever occurs sooner Each unit owner may appoint himself, but no Trustee need be a unit owner. C) Majority Vote In any matters relating to the administration of the Trust hereunder and to exercise of the powers hereby conferred, the Trustees may act by a majority vote at any duly called meeting at which a quorum is present -2- AMENDMENT OF BRIDGEWAY PLAZA CONDOMINIUM TRUST Now comes ROBERT S . VARADY, sole Trustee of the Bridgeway Plaza Condominium Trust; DONALD GROSE, and JAMES LUNNY, owners of Unit No . 1 ; CHRISTOPHER T. AQUADRO and CYNTHIA P . AQUADRO, owners of Unit No . 2; MICHAEL P . SMITH, PATRICK M. GOGGINS and TIMOTHY P . SICARD, owners of Unit No . 3; ROBERT S . VARADY, RAYMOND R. REX, JR. and JAMES LUNNY, owners of Unit No . 4; all being owners of all of the units in the Bridgeway Plaza Condominium do hereby by executing and recording this amendment of the Bridgeway Plaza Condominium Trust do hereby amend the Bridgeway Plaza Condominium Trust dated August 1 , 1985 and recorded in the Hampshire County Registry of Deeds at Book 2596 , Page 184 . The Bridgeway Plaza Condominium Trust is hereby amended by deleting Article 3 (b) , 3 ( c) and Exhibit "C" and 'in place thereof the following articles are to be inserted: "b) Subsequent Board of Trustees After the initial two ( 2 ) year term of the Initial Board, namely, Valyte Control Technologies , Inc . , there shall at all subsequent times be a Board of Trustees hereunder consisting of four ( 4 ) Trustees as set forth hereinafter in this sub-section b) . After the expiration of the two ( 2 ) year term of the Initial Board, namely Valyte Control Technologies , Inc . , (and in no event prior thereto) , at any time and from time to time, the owners of Units 1A, 13, 2A, 23, 3A, 3B, 4A, 4B and 4C shall each designate one ( 1 ) SCHEDULE C OF MASTER DEED OF BRIDGE WAY PLAZA CONDOMINIUM The boundaries of the Units with respect to the floors , ceilings and the walls , doors and windows thereof are as follows : A. Floors : The upper surface of the sub- flooring, which in the case of the first floor and any other floor, the base of which is masonry, is the upper surface of the concrete floor slab. B. Ceilings : As to the first and second floor units , the plane of the lower surface of the floor joists for the floor above. As to the third floor units , the plane of the lower surface of the ceiling joists . C. Interior Building The plane of the surface of ` Walls Between Units : the wall studs facing such Unit. D. Exterior Building As to walls , the plane of the Walls , Doors and interior surface of the wall Windows : _ studs ; as to doors , the exterior surface thereof; and as to T-,indows , the exterior surface of the glass and of the window frames . Hampshire ss. `iLU. I 19215 at j O Wcl"k and 1 T? • f j?c� ircSGz_, n . 52. minutes`• : ;,` '{r�'d, cni'd and ex&m'd with Hampshire Reg. of Deeds. Huuk � ('aKe Attes l r cz - tTl v Ql a w � N N w r a (n C ncn nU) 0 U) - arr a arr n y M rr r-n a+ sr M- H 0 FAN F-' N H 0 pj n n O P. Z 0 (D N n a sz n Enr R, a, I M M •• 0 O o (t 0 0 n P- ti ti 00 O cn > > N b b O - C CTJ b w M > ,> rn F' �v 0 4+ rr �D 01 .A. Z H N• (D N y N• rt w to to U) l0 OJ l0 N F- C C'7 'U U 'ri T! C rr t7 C N 3 57, N ti7 n (D E t7 c �j m n F< m A N W N 3 cn o w a w w i ' 0 N � ct 0 0 o O n N • n n n n 0 c ti (D (D (D (D p� z Z7 (D C O w (D 3 "7 w n rr r .0) > t�] m H- rt =' n S), w ✓ p (D (D o rt H- n n S1. rr = a o w ::;, n0 > n F- 0' M U1 - rr t7 F-3 (D O (D I-' 0 (D n C: E lTJ n 0 = w :7, w McO n F• n w Hn : = �-s ,7nnom n0 o0 a N- a (D �:r - rr 0 to G cn (D O rt H C N • N E w :� 0' Hz 0 - U1 w r n (D w rr"7 (D n > c 0 C) 3 F-3 0 It1 x H3mro F� N- N N N N r C ."o 0 w LTI v, (In v+ H z m w 010 010 0\0 010 F-� cn y m rt H y 1'-3 H (D tr7 0 > z > � y C�7 tt+ 1 ' SCHEDULE A OF MASTER DEED OF BRIDGE WAY PLAZA CONDOMINIUM That parcel of land with buildings thereon situated in. Northampton, iampshire County, Massachusetts, being now known as 355 Bridge Street, ind being further bounded and described as follows : >tarting at an iron pin on the Easterly side of said Bridge Street, said Joint being the Northwesterly corner of land herein described, thence -unning S . 81° 55 ' 55 " East 593 . 13 feet along land now or formerly of Zuzyka to an iron -pin; :hence turning in an arc, the radius of .,7hich is 925 feet, a distance of .08 . 53 feet to an iron- pin; .hence turning and running N. 82° 3 ' 14 " West 710 . 37 feet along land now �r formerly of Lyons to a railroad spike set on Bridge Street; hence turning and running on said Bridge Street along an arc, the radius f which is 2364 . feet, a distance of 7 . 99 feet; hence turning and running S . 59° 40 ' 13 " East 2 . 14 feet; hence turning and running along said Bridge Street along an arc, the adius of which is 1595 feet, a distance of 66 . 28 feet to the place of eginning. ontaining 2 . 5 acres more or less and being the same premises conveyed y deed of Robert C. Miller, Jr. , dated September 4 , 1984 and recorded n Hampshire County Registry of Deeds , Book 2493 , Page 156 . ' 431TNESS the execution hereof under seal this day of L985 . VPLYTE CONTROL TECHNOLOGIES , INC. By .i Robert S . Varady, President COMMONWEALTH OF MASSACHUSETTS iampshire ss . 1985 Then personally appeared the above-named Robert S . Varady, President is aforesaid, and acknowledged the foregoing instrument to be the free ict and deed of VALYTE CONTROL TECHNOLOGIES , INC . , - before me Notary Pu''lic My Commission Expires : -8- to re&ve violations therefrom and to maintain, repair or replace the common areas contained therein or elsewhere in the Building. 13 . UNITS SUBJECT TO MASTER DEED, UNIT DEED, BY-LAWS AND RULES AND REGULATIONS . All present and future owners , tenants , visitors , servants and occu- pants of Units shall be subject to, and shall comply with, the provisions Df this Master Deed, the BRIDGE WAY PLAZA CONDOMINIUM TRUST, the related Jnit Deed, the By-Laws and any rules and regulations thereunder, as each nay be amended from time to time . The acceptance of -a deed of conveyance )r the entering into occupancy of any Unit shall constitute an agreement :hat, (a) the provisions of this Master Deed, the BRIDGE WAY PLAZA CONDOMINIUM 'RUST, the related Unit Deed, the By-Laws and the rules and regulations , is each may be amended from time to time , are accepted and ratified by ;uch person, and all of such provisions shall be deemed and taken to be :ovenants running with the land and shall bind any person having at any :ime any interest or estate in such Unit, as though such provisions were •ecited and stipulated at length in each and every deed or conveyance or .ease thereof, and (b) a violation of the provisions of this Master Deed, :he BRIDGE WAY PLAZA CONDOMINIUM TRUST, the related Unit Deed, By-Laws, r rules and regulations by any such person shall be deemed a substantial iolation of the duties of the Condominium Unit owner. No Unit owner, owever, shall be liable for any such breach except as occurs during the eriod of his or her ownership. 4 . CONFLICTS . If any provision of this Master Deed shall be invalid or shall conflict ith Chapter 183A, as amended, of the General Laws of Massachusetts , or J_ any provision of this Master Deed conflicts with any other provision hereof or with any provision of BRIDGE WAY PLAZA CONDOMINIUM TRUST, then he following rules of construction shall be used: 14 . 1 In the event of a conflict- between this Master Deed and aid Chapter 183A, as amended, the provisions of Chapter 183A shall ontrol; 14 . 2 The invalidity of any provision of this Master Deed shall not npair or affect the validity or enforceability of any other provision E this Master Deed. - ?`ursuant to said Chapter 183A, the Trustee has enacted By-Laws which are Set forth in said Declaration of Trust. L0 . INTEREST IN COMMON AREAS AND FACILITIES . The owners of each Unit shall be entitled to an undivided interest _n the common areas and facilities of the Condominium in the percentage ;et forth in Exhibit B hereto for such Unit, which percentages have been :alculated to reflect the approximate relation that the fair value of :ach Unit on the date hereof bears to the present aggregate fair value f all the Units . Said common areas and facilities shall be subject to .he provisions of the BRIDGE WAY PLAZA CONDOMINIUM TRUST and the By-Laws et forth therein, hereinafter referred to, and the rules and regulations romulgated pursuant thereto with respect to the use and maintenance thereof. ny and all exclusive rights and easements of use appurtenant to a Unit hall be conveyed only with the Unit to which said rights are appurtenant nd shall not be severable from such Unit. 1 . ENCROACHMENTS . If any portion of the common areas and facilities encroaches upon ny Unit, or if any Unit now encroaches upon any other Unit or upon any ortion of the common areas and facilities , or if any such encroachment hall occur hereafter as a result of settling or shifting of the Building r alterations or repairs of the common areas and facilities permitted' :reunder, or as a result of repair or restoration of the Building or of Unit after damage by fire or other casualty, or as a result of condemna- Lon or eminent domain proceedings , a valid easement shall exist for such zcroachment and for the maintenance of the same so long as the Building tall stand. Z . EASEMENTS . The owner of such Unit shall have an easement in common with the aners of all other Units to use the pipes , wires , ducts , flues , conduits; iblic utility lines and other common facilities and areas located in any the other Units and serving his Unit. Each unit shall be subject to i easement in favor of the owners of all other Units to use the pipes , _res , ducts , flues , cables , conduits , public utility lines and other )mmon facilities and areas serving such other Units and located in such iit . The Trustees shall have and are hereby granted a right of access each Unit to inspect the same, to make emergency repairs thereto, to -6- - - ;ay said Trustees at such time or times and in such manner as permitted or required for the continued enforceability thereof. 8 . AMENDMENTS . This Master Deed may be amended by an instrument in writing signed by the owners of Units entitled to seventy-five (750) percent or more of the unidivided interest in the common areas and facilities . An amendment shall become effective, however, only when duly recorded with the Hampshire County Registry of Deeds, provided, however, that: 8 . 1 No instrument of amendment which alters the dimensions of any Unit shall be of ,any force or effect unless the same has been signed by the owners of the Unit contemplated to be altered thereby, and is assented to by the holder of any mortgages thereon; 8 . 2 No instrument of amendment affecting any Unit in a manner which impairs the security of a mortgage of record thereon shall be of any force or effect as against such mortgage unless the same has been assented to by such mortgage holder; 8 . 3 No instrument of amendment which alters the percentage of the undivided interest to which any Unit is entitled shall be of any force or effect unless the same has been signed by the owners of all the Units affected thereby and said instrument is recorded as an Amended Master Deed, and such amendment has been first assented to in writing by the holders of all mortgages affected thereby; 8 . 4 No provision of any instrument of amendment which alters this Master Deed in any manner which (ij affects the rights of Sponsor under Paragraph 6, above or (ii) would render it contrary to or inconsistent with any requirements or provisions of said Chapter 183A shall be of any force or effect. 9 . MANAGEMENT BY-LAWS . - The Trust through which the Unit owners will manage and regulate the Condominium established hereby is the BRIDGE WAY PLAZA CONDOMINIUM TRUST (the "Condominium Trust") created under a Declaration of Trust dated the same date as this Master Deed and recorded herewith. The original and present Trustee thereof is VALYTE CONTROL TECHNOLOGIES, INC. (hereinafter sometimes referred to as the "Trustee" or "Trustees " "Condominium Trustees") . -5- + 17 . 3 In order to preserve the architectural integrity of the Building and the Units without modification, no awning, screen, storm window, antenna, sign, banner or other device, and otherwise no exterior change, addition, structure, projection, decoration or other feature shall be erected or placed upon or attached to any Unit or any part thereof; no addition to or change (whether color, type of materials or otherwise) or replacement of any exterior light, window (other than the clear glass portion thereof) , door, hardware, or other exterior portion of a Unit shall be made; no painting, attaching of decalcomania or other decoration shall be done on and no sign shall be placed on any exterior part or surface of any Unit nor on the interior surface of any window; notwithstanding the foregoing, (a) signs visible from the exterior of the Building may be placed in windows provided such signs are used only to identify the occupant or occupants of the Unit and the services performed therein, and are - in compliance with all applicable By-Laws and regulations of the City of Northampton (and any other applicable law) ; and (b) signs may be placed on the outside of doors of Units so long as such signs are used only to identify the occupant or occupants of the Unit and the services performed therein, but, provided, however, in the case of both (a) and (b) that such signs shall have been approved by the Trustees of the BRIDGE WAY PLAZA CONDOMINIUM TRUST, such approval not to be unreasonably withheld or delayed and to be exercised uniformly throughout the Building . 7 . 4 Units and, subject to applicable law, portions thereof may be leased for use by other than the owners thereof provided .(a) the lease is in writing and the initial term thereof is no less than six months ; and (b) such leasing is specifically made subject to the provisions of this Master Deed, the Trust and By-Laws referred to in Paragraph 9 , below and all rules and regulations issued thereunder and such lessee executes a written agreement directly with the BRIDGE WAY PLAZA CONDOMINIUM Trustees ander which he specifically agrees to observe and be bound by the same, 7 . 5 The limitations on use and restrictions set forth in Paragraphs 5 and 7 hereof shall be for the benefit of the owners of the Units and :he Trustees of the BRIDGE WAY PLAZA CONDOMINIUM TRUST as the persons in :harge of the common areas and facilities , shall be enforceable solely )y said Trustees , and shall, insofar as permitted by law, be perpetual; ind to that end, such limitations on use and restrictions may be extended -4- t Zh) Generally, with respect to the Building, all areas and portions thereof which are not within the Units as defined above . i . FLOOR PLANS AND SITE PLAN . Simultaneously with the recording hereof there has been recorded a ;et of floor plans of the Building, showing the layout, location, unit cumbers and dimensions of the Units , stating the name of the Building (or :hat it has no name) , and bearing the verified statement of either a -egistered architect or a registered land surveyor certifying that said Floor plans fully and accurately depict the layout, location, unit numbers nd dimensions of the Units as built. There has also been recorded with aid floor plans , a site plan of the Property showing the boundaries of he land comprising the Condominium and the location of certain Common reas . (Said floor plans and site plan, together, are hereinafter called he "Plans" ) . USE OF THE UNITS . No Unit may be used other than for business office purposes subject o, and to the extent permitted by applicable zoning and other laws and rdinances . RESTRICTIONS ON USE . The restrictions on use of the Building and the Units are as follows : 7 . 1 No Unit or appurtenance thereto shall be used or maintained a a manner contrary to or inconsistent with the provisions of this Master eed, the BRIDGE WAY PLAZA CONDOMINIUM TRUST, the By-Laws set forth herein and any rules and regulations promulgated pursuant thereto; 7 . 2 The owner of any Unit may at any time and from time to time Ddify, remove and install non-bearing walls (which are not part of the Dmmon Areas) lying wholly within such Unfit, provided, however, that any ad all work with respect to the removal and installation of the interior Dn-bearing walls or other improvements shall be done expeditiously, in Dod and workmanlike manner, pursuant to a building permit duly issued zerefor ( if required by law) and pursuant to plans and specifications Zich have been submitted to and approved by the Trustees of BRIDGE WAY GAZA CONDOMINIUM TRUST which approval may not be unreasonably withheld delayed; -3- J + DESCRIPTION OF THE COMMON AREAS AND FACILITIES . The common areas and facilities of the Condominium (herein, sometimes , the "Common Areas") consist of the entire Property, including all parts of the Buildings and improvements thereon, other than the Units as described above and include in all events the following: (a) The land described on said Schedule A, subject to and with the benefit of any easements, and other matters of record affecting the same (whether or not referred to on said Schedule A) ; (b) Any and -all footings , foundations , columns , girders , beams , joists , studs , supports , and exterior walls , interior of common walls , roofs , mechanical and maintenance rooms , heating plants , boiler rooms , common trash and storage areas , utility rooms , corridors , exits , entrances , canopys , stairs and all features , facilities , fixtures and apparatus therein and thereof; (c) All installations , facilities and equipment outside the Units for services such as power, light, gas , telephone and water; all air conditioning apparatus and all heating apparatus and facilities , wherever located; (d) All sewer and drainage pipes , and all conduits , wires , ducts , flues , plumbing, cables , utility lines , telephone lines or other facilities located outside of any Unit or within any Unit if such facilities serve other parts of the Condominium other than such Unit; (e) All other apparatus and installations existing in the Building for common use or necessary or convenient to the existence, maintenance or safety of the Building; (f) All other items listed as such in Massachusetts General Laws , Chapter 183A and located on the Property; (g) All yards , lawns , gardens , common passageways , vehicle parking areas and other areas , whether or not improved which are located outside of the Units as above defined; -2- MASTER DEED bRTDGE WAY PLAZA CONDOMINIUM VALYTE CONTRO-7 1:CH NOLOGIES , INC . , a Massachusetts corporation, (together with its -_cc:c-ssors and assigns , the "Sponsor") being the sole owner of the land Nc)rthampton, Hampshire County, Massachusetts, de- scribed in Schedul= ?_ ittached hereto does hereby, by executing and recording this Mas:a uc-ed , submit said land, together with all buildings and improvements and all easements and other rights appurtenant thereto (hereinaft - cziled the "Pr.operty" ) , to the provisions of Chapter L83A of the Genera= of the Commonwealth of Massachusetts , as amended, and does hereby s "_-_- t.hat it proposes to create , and does hereby create, with respect to thz- :rrq)(arty a condominium to be governed by and subject to the provisions <_;id Chanter 183A. L . ' NAME. The name of t_ condominium shall be the BRIDGE WAY PLAZA CONDOMINIUM (the "Condominium" ' , 2 . DESCRIPTION OF T t.D I►1GS . There is one =)) r,,uilding (hereinafter called the "Building" ) on the ?roperty which con-__=.i7-2 the units (each of which is hereinafter called i "Unit" ) . The has three (3 ) stories . The first floor is a . )asement floor. T_= Eui. lding contains four (4 ) Units . The Building is :onstructed with e=ia iclr walls of brick and wood, with interior walls )f wood frame cons =action , with a Rholflex roof, a poured concrete )asement ( first) f__r--_ and basement walls of masonry construction. The _and comprising the .Zcndominium is that described in said Schedule A. 3 . DESCRIPTION OF ,TS7T . The unit desi_zicn of each Unit, a statement of its location, approxi- late area, number __ rooms , i,-amediate common area to which it has access ,. Lnd the proportion=-= interest in the. common areas and facilities of the .ondominium attrib_-= Ic to it are set forth on Schedule B attached here- to and made a part =roof. The Units are further located and described in the Plans refer== to in Section S below, and references in said Schedule 3 to Unit numbers , L:)citions , floors and common areas are references to :he same as shown == said Plans . The boundaries of the Units are as set .orth on Schedule attached hereto. MASTER DEED JiRTDGE WAY PLAZA CONDOMINIUM VALYTE CONTROL _Ec_HNOLOGIES, INC . , a Massachusetts corporation, (together with its =_ccccssors and assigns , the "Sponsor") being the sole owner of the land - Nc)rthampton, Hampshire County, Massachusetts , de- scribed in Schedul= % t.tached hereto does hereby, by executing and recording this Mas=== Gds-ed , submit said land, together with all buildings and improvements and all easements and other rights appurtenant thereto (hereinaft;= cziled the "Pr.operty" ) , to the provisions of Chapter 183A of the Genera_ !Z-4;> of the Commonwealth of Massachusetts , as amended, and does hereby sts-- t.h:►t it proposes to create, and does hereby create, aith respect to th- __r)perty a condominium to be governed by and subject =o the provisions z= said Chanter 183A. _ . NAME. The name of t-a condominium shall be the BRIDGE WAY PLAZA CONDOMINIUM ;the "Condominium DESCRIPTION OF 3 T1,DI?JGS . There is one _)) E,uilding (hereinafter called the "Building" ) on the roperty which con___-"..i the units (each of which is hereinafter called "Unit" ) . The Bus inq has three (3 ) stories . The first floor is a . asement floor. T== _Euilding contains four (4 ) Units . The Building is onstructed with e=_�Ericlr walls of brick and wood, with interior walls f wood frame cons_action , with a Rholflex roof, a poured concrete asement (first) f=_r--r and basement walls of masonry construction. The and comprising th_ .-cndominium is that described in said Schedule A. DESCRIPTION OF _71SIT S . The unit desi—�; icn of each Unit, a statement of its location, approxi- ate area, number __ _ootns , immediate common area to which it has access ,. nd the proportion=-= interest in the. common areas and facilities of the ondominium attrib_-=11(! to it are set forth on Schedule B attached here- o and made a part _t:-7=rcof. The Units are further located and described n the Plans refer==-,--'-- to in Section 5 below, and references in said Schedule to Unit numbers , _::.cations , floors and common areas are references to ie same as shown said Plans . The boundaries of the Units are as set :)rth on Schedule =,. att,iched hereto. r j j Xas a• r e.e � Jr, . y, _ iK�• �----fit- .�_..��F _ 11 . Y � -- — - --� f1- 1 � iy. 4 � V MASTER DEED bRTDGE WAY PLAZA CONDOMINIUM VALYTE CONTRO- -ECH NOLOGIES , INC . , a Massachusetts corporation, (together with its -=cc;c�ssors and assigns , the "Sponsor") being the sole )wner of the land _ Nc)rthampton, Hampshire County, Massachusetts , de- ;cribed in Schedul= A -it;tached hereto does hereby, by executing and -ecording this Mas-_- [deed , submit said land, together with all buildings end improvements and all easements and other rights appurtenant :hereto (hereinaft_= c, iled the "Property" ) , to the provisions of Chapter 83A of the General :. .w:s of the Commonwealth of Massachusetts , as amended, nd does hereby st_7::-= chat it proposes to create , and does hereby create, ,ith respect to ths -rr)perty a condominium to be governed by and subject o the provisions zf said Chanter 183A. NAME. The name of t.. condominium shall be the BRIDGE WAY PLAZA CONDOMINIUM the "Condominium -_ DESCRIPTION OF There is one _)) r,uilding (hereinafter called the "Building" ) on the roperty which con=_f_..q the units (each of which is hereinafter called "Unit" ) . The Bum =ng has three (3 ) stories . The first floor is a asement floor. T== Euilding contains four (4) Units .. The Building is Dnstructed with e==_=ior walls of brick and wood, with interior walls f wood frame cons_action , with a Rholflex roof, a poured concrete asement (first) f_:r'= and basement walls of masonry construction. The and comprising the .Zcndominium is that described in said Schedule A. DESCRIPTION OF =:T i . The unit desi-r zicn of each Unit, a statement of its location, approxi- ate area, number __ rooms , i�-�mediate common area to which it has access ,. ad the proportion=— interest in the. common areas and facilities of the )ndominium attrib_-=t1t to it are set forth on Schedule B attached here- and made a part -roof . The Units are further located and described z the Plans refer=_= to in Section 5 below, and references in said Schedule to Unit numbers , floors and common areas are references to ie same as shown := said Plans . The boundaries of the Units are as set )rth on Schedule =, attached hereto. COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named PATRICK M. GOGGINS and swore the above to be his free act a d /d/eed. �J , Notary Public W. Comm. Expires : CAnOL L. L'ETCILE, Wotan, Public My Commission Expires November 28, 1991 -COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named TIMOTHY P . SICARD and swore the above to be his free act and deed. Notary Public My Comm. Expires : COMMONWEALTH OF ASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named ROBERT S . VARADY and swore the above to be his free act and deed. / Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 1987 Before me appeared the above-named RAIMO Ri REX, JR. and swore the above to be his free act and ed. !� IJ otary Public My Coinr Expires : -4- I COMMONWEALTH OF MASSACHUSETTS Eampshiret SS March 10 , 1987 Before me appeared the above-named JAMES LUNNY and swore the above to be his free act and Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 1987 Before me appeared the above-named CHRISTOPHER T. AQUADRO and swore the above to be his free act and deed. Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 ` Before me appeared the above-named CYNTHIA P . AQUADRO and swore the above to be her free acts and deed. Notary Public My Comm. Expires : COMMONWEALTH OF MASSACHUSETTS Hampshire , SS March 10 , 1987 Before me appeared the above-named MICHAEL P . SMITH and swore the above to be his free act lnd deed. Notary Public My Comm. Expires:/9 /7i� Lc� �iS3 -3- WITNESS our hands and seals this 10th day of .March, 1987 . 1 � Donald Grose a s Lunny /J Christop er,J Aq d CyJithia P . �Aquadro chael P . c {pith Pa-rick NIL G gi s Sic�'rd Robert S . Varady ~Rays nd R. R'ex, Jr. /I COMMONWEALTH. OF I4-ASSACHUSETTS Hampshire, SS March 10 , 1987 Before me appeared the above-named DONALD GROSE and swore the above to be his free act and deed. / Notary Public My Comm. Expires : -2- r � t Schedule "B" 'he Unit designations of the Units in the Condominium and their locations , approximate areas , number of rooms and immediately accessible common areas ire shown on the Plans and as follows : Immediate Approximate common area area in Number to which it Init No . Location Sa. feet of rooms has access %Int . lA Ground Level and basement -level 2 , 202 . 0 8 rms + lay. In each case 11% the immediate 1B Second Level 929 . 5 5 rms + lay . common area 11% to which each 2A Second Floor 1 , 259 . 0 4 rms + 2 lay. Unit has 11% access is the 2B Third Floor 1 , 242 . 0 5 rms + lay. common hall- 115 way of the 3A Second Floor 1 , 093 . 0 4 rms + lay. floor on 11% which the Unit 33 Third Floor 1 , 103 . 0 4 rms + lay. is located, 11% if any. 4A First Floor 2 , 691 . 0 12 rms + lay. 12% 43 Second Floor 979 . 0 5 rms + lay. 11% 4C Third Floor 979 . 0 5 rms + lay. 11% r ' AMENDMENT OF BRIDGEWAY PLAZA CONDOMINIUM MASTER DEED WHEREAS, DONALD GROSE and JAMES LUNNY, owners of Unit No . 1; CHRISTOPHER T. AQUADRO and CYNTHIA P . AQUADRO, owners of Unit No . 2 ; MICHAEL P . SMITH, PATRICK M. GOGGINS and TIMOTHY P . SICARD, owners of Unit No . 3 ; ROBERT S . VARADY, RAYMOND R. REX, JR. and JAMES LUNNY, owners of Unit No . 4; all being owners of all of the Units in the Bridgeway Plaza Condominium, do hereby by executing and recording this Amendment of the Bridgeway Plaza Condominium Master Deed do hereby amend the Bridgeway Plaza CondominiumrDeed dated August 1 , 1985 , and recorded at the Hampshire County Registry of Deeds Book 2596 , Page 238 . It is the intention of all the owners that the express purpose of this Amendment is to subdivide all existing condominium units . To this end this Amendment to the above-referred Master Deed hereby deletes Schedule ."B" of the Master Deed of the Bridgeway Plaza Condominium Deed which is recorded at the Hampshire County Registry of Deeds Book 2496 , Page 247 , and in its stead, replaces said Schedule "B" with a new Schedule "B" which is attached hereto . Said Schedule "B" provides the unit designations -of all units in the Condominium, their locations , the approximate areas , number of rooms and immediately accessible common areas .