ENVIRONMENTAL INDEMNITY AGREEMENT
THIS
ENVIRONMENTAL INDEMNITY AGREEMENT (the “Agreement”) made as of February _____,
2006, by
BAY STATE REALTY HOLDINGS, INC.,
a
Massachusetts corporation, having an office at 0000 Xxxxx Xxxx Xxxxxx,
Xxxxxxxxx, XX 00000, (“Borrower”) HOMETOWN
AUTO FRAMINGHAM, INC.,
a
Massachusetts corporation, having an office at 0000 Xxxxx Xxxx Xxxxxx,
Xxxxxxxxx, XX 00000, FAMILY
FORD, INC.,
a
Connecticut corporation, having an office at 0000 Xxxxxxx Xxxxxx, Xxxxxxxxx,
XX
00000, SHAKER’S
INC.,
a
Connecticut corporation, having an office at 000 Xxxxxxx Xxxxxxxx, Xxxxxxxxx,
XX
00000, HOMETOWN
BRATTLEBORO, INC.,
a
Vermont corporation, having an office at 0000 Xxxxxx Xxxx, Xxxxx Xxxxxxxxxxx,
XX
00000, SHAKER
AUTO GROUP, INC.,
a
Connecticut corporation, having an office at 0000 Xxxxx Xxxx Xxxxxx, Xxxxxxxxx,
XX 00000, XXXXX
XXXXXX,
an
individual, having an address at 0 Xxxx Xxxx Xxxx, Xxxxxxxx, XX 00000,
XXXXXX
XXXXXX,
an
individual, having an address at 000 Xxxx Xxxxxx, Xxxxxxx, XX 00000,
XXXXXX
XXXXXX,
an
individual, having an address at 000 Xxxxxxxxx Xxxx, Xxxxxxxxx, XX 00000,
XXXXX
XXXXXX,
an
individual, having an address at 000 Xxxxxxx Xxxx, Xxxxxxxxx, XX 00000, and
XXXXXX
XXXXXX,
an
individual, having an address at 000 Xxxxx Xxxxxx, Xxxxxxxxxx, XX 00000
(collectively "Guarantor”; Borrower and Guarantor hereinafter referred to,
individually and collectively, as the context requires, as “Indemnitors”), in
favor of FORD
MOTOR CREDIT COMPANY,
a
Delaware corporation, having an office at 0xx
Xxxxx
Xxxxxxxxx Xxxxx, 000 Xxxxxxxx Xxxx, Xxxxxxxxx, Xxxxxxxxxxxxx 00000
(“Indemnitee”) and other Indemnified Parties (defined below).
Borrower
is the fee owner of that certain real property located in Middlesex County,
Massachusetts, known as 000 Xxxxxxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxxxxxxx and more
particularly described in Exhibit A attached hereto (said real property,
together with any real property hereafter encumbered by the lien of the Security
Instrument (defined below), being herein collectively referred to as the “Land”;
the Land, together with all structures, buildings and improvements now or
hereafter located on the Land, being collectively referred to as the
“Property”). Indemnitee is prepared to make a loan (the “Loan”) to Borrower in
the principal amount of $6,035,000.00 to be evidenced by a certain promissory
note of even date herewith in the principal amount of $6,035,000.00 made by
Borrower to Indemnitee (the “Note”) and secured by, among other things, a
certain Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture
Filing given by Borrower to Indemnitee (the “Security Instrument”) which will
encumber the Property.
Indemnitee
is unwilling to make the Loan unless Indemnitors, agree, jointly and severally,
to provide the indemnification, representations, warranties, and covenants
and
other matters described in this Agreement for the benefit of Indemnified
Parties.
In
order
to induce the Indemnitee to make the Loan to Borrower, and in consideration
of
the substantial benefit each and every Indemnitor will derive from the Loan,
Borrower and Indemnitor agree as follows:
1. Definitions.
Capitalized terms used herein and not specifically defined herein shall have
the
respective meanings ascribed to such terms in the Security Instrument. As used
in this Agreement, the following terms shall have the following
meanings:
1.1 The
term
“Environmental
Law”
means
any present and future federal, state and local laws, statutes, ordinances,
rules, regulations, standards, policies and other governmental directives or
requirements, as well as common law, relating to protection of human health
or
the environment, including but not limited to the Comprehensive Environmental
Response, Compensation and Liability Act and the Resource Conservation and
Recovery Act, relating to Hazardous Materials that apply to Borrower or the
Property and relate to Hazardous Materials.
1.2 The
term
“Hazardous
Materials”
shall
mean petroleum and petroleum products and compounds containing them, including
gasoline, diesel fuel and oil; explosives, flammable materials; radioactive
materials; polychlorinated biphenyls (“PCBs”) and compounds containing them;
lead and lead-based paint; asbestos or asbestos-containing materials in any
form
that is or could become friable; underground or above-ground storage tanks,
whether empty or containing any substance; any substance the presence of which
on the Property is prohibited by or requires special handling under any
Environmental Law; and any other material or substance now or in the future
defined as a “hazardous substance”, “hazardous material”, “hazardous waste”,
“toxic substance”, “toxic pollutant”, “contaminant”, or “pollutant” within the
meaning of any Environmental Law.
1.3 The
term
“Indemnified
Parties”
means
Indemnitee, any person or entity who is or will have been involved in the
origination of the Loan, any person or entity who is or will have been involved
in the servicing of the Loan, any person or entity in whose name the encumbrance
created by the Security Instrument is or will have been recorded, persons and
entities who may hold or acquire or will have held a full or partial interest
in
the Loan (including, but not limited to, Investors (defined in the Security
Instrument) or prospective Investors in the Securities (defined in the Security
Instrument), as well as custodians, trustees and other fiduciaries who hold
or
have held a full or partial interest in the Loan for the benefit of third
parties) as well as the respective directors, officers, shareholders, partners,
members, employees, agents, servants, representatives, contractors,
subcontractors, affiliates, subsidiaries, participants, successors and assigns
of any and all of the foregoing (including but not limited to any other person
or entity who holds or acquires or will have held a participation or other
full
or partial interest in the Loan or the Property, whether during the term of
the
Loan or as a part of or following a foreclosure of the Loan and including,
but
not limited to, any successors by merger, consolidation or acquisition of all
or
a substantial portion of Indemnitee's assets and business).
1.4 The
term
“Legal
Action”
means
any claim, suit or proceeding, whether administrative or judicial in
nature.
1.5 The
term
“Losses”
shall
mean any and all claims, suits, liabilities (including, without limitation,
strict liabilities), actions, proceedings, obligations, debts, damages, losses,
costs, expenses, fines, penalties, charges, fees, expenses, judgments, awards,
amounts paid in settlement of whatever kind or nature (including but not limited
to attorneys' fees and other costs of defense, whether incurred at trial or
on
appeal).
1.6 The
term
“Release”
with
respect to any Hazardous Materials means any release, deposit, discharge,
emission, leaking, leaching, spilling, seeping, migrating, injecting, pumping,
pouring, emptying, escaping, dumping, disposing or other movement of Hazardous
Materials.
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2.
Indemnification.
2.1 Indemnification.
Indemnitors covenant and agree at their sole cost and expense, to protect,
defend, indemnify, release and hold Indemnified Parties harmless from and
against any and all Losses imposed upon or incurred by or asserted against
any
Indemnified Parties and directly or indirectly arising out of or in any way
relating to any one or more of the following: (a) any presence of any Hazardous
Materials in, on, above, or under the Property; (b) any past, present or
threatened Release of Hazardous Materials in, on, above, under or from the
Property; (c) any activity by any Indemnitor, any person or entity affiliated
with any Indemnitor, and any tenant or other user of the Property in connection
with any actual, proposed or threatened use, treatment, storage, holding,
existence, disposition or other Release, generation, production, manufacturing,
processing, refining, control, management, abatement, removal, handling,
transfer or transportation to or from the Property of any Hazardous Materials
at
any time located in, under, on or above the Property or any actual or proposed
remediation of any Hazardous Materials at any time located in, under, on or
above the Property, whether or not such remediation is voluntary or pursuant
to
court or administrative order, including but not limited to any removal,
remedial or corrective action; (d) any past, present or threatened
non-compliance or violations of any Environmental Laws (or permits issued
pursuant to any Environmental Law) in connection with the Property or operations
thereon, including but not limited to any failure by any Indemnitor, any person
or entity affiliated with any Indemnitor, and any tenant or other user of the
Property to comply with any order of any governmental authority in connection
with any Environmental Laws; (e) the imposition, recording or filing or the
threatened imposition, recording or filing of any Environmental Lien encumbering
the Property; (f) any acts of any Indemnitor, any person or entity affiliated
with any Indemnitor, and any tenant or other user of the Property in (i)
arranging for disposal or treatment, or arranging with a transporter for
transport for disposal or treatment, of Hazardous Materials at any facility
or
incineration vessel containing such or similar Hazardous Materials or (ii)
accepting any Hazardous Materials for transport to disposal or treatment
facilities, incineration vessels or sites from which there is a Release, or
a
threatened Release of any Hazardous Materials which causes the incurrence of
costs for remediation; and (g) any misrepresentation or inaccuracy in any
representation or warranty or material breach or failure to perform any
covenants or other obligations pursuant to this Agreement or the Security
Instrument relating to environmental matters.
2.2 Duty
To Defend and Attorneys’ and Other Fees and Expenses.
Upon
written request by any Indemnified Party, Indemnitors shall defend same (if
requested by any Indemnified Party, in the name of the Indemnified Party) by
attorneys and other professionals approved by the Indemnified Parties.
Notwithstanding the foregoing, any Indemnified Parties may, in their sole
discretion, engage their own attorneys and other professionals to defend or
assist them, and, at the option of Indemnified Parties, their attorneys shall
control the resolution of any claim or proceeding. Upon demand, Indemnitors
shall pay or, in the sole discretion of the Indemnified Parties, reimburse,
the
Indemnified Parties for the payment of reasonable fees and disbursements of
attorneys, engineers, environmental consultants, laboratories and other
professionals in connection therewith.
2.3 Subrogation.
Indemnitors shall take any and all reasonable actions, including institution
of
legal action against third-parties, necessary or appropriate to obtain
reimbursement, payment or compensation from such persons responsible for the
presence of any Hazardous Materials at, in, on, under or near the Property
or
otherwise obligated by law to bear the cost. Indemnified Parties shall be and
hereby are subrogated to all of Indemnitor's rights now or hereafter in such
claims.
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2.4 Interest.
Any
amounts payable to any Indemnified Parties under this Agreement shall become
immediately due and payable on demand and, if not paid within thirty (30) days
of such demand therefor, shall bear interest at a per annum rate equal to the
lesser of (a) five percent (5%) plus the Applicable Interest Rate (as defined
in
the Note) or (b) the maximum interest rate which Borrower or any other
Indemnitor may by law pay or Indemnified Parties may charge and collect, from
the date payment was due.
2.5 Survival.
The
obligations and liabilities of Indemnitors under this Agreement shall fully
survive indefinitely notwithstanding any termination, satisfaction, assignment,
entry of a judgment of foreclosure, exercise of any power of sale, or delivery
of a deed in lieu of foreclosure of the Security Instrument; provided, however,
that in the event any Indemnified Party accepts a deed in lieu of foreclosure
or
otherwise obtains fee title to the Property, then Indemnitor shall not be
obligated to indemnify such Indemnified Party for Losses arising out of
Hazardous Materials that were not present in, on, above, or under the Property
prior to the date on which the applicable Indemnified Party obtains such
title.
2.6 Notice
of Legal Actions.
Each
party hereto shall, within five (5) business days of receipt thereof, give
written notice to the other party hereto of (a) any notice, advice or other
communication from any governmental entity or any source whatsoever with respect
to Hazardous Materials on, from or affecting the Property, and (b) any Legal
Action brought against such party or related to the Property, with respect
to
which any Indemnitor may have liability under this Agreement. Such notice shall
comply with the provisions of Section 4.4 hereof.
3.
Representations
and Warranties.
3.1 General
Representations and Warranties.
Each
Indemnitor represents and warrants that:
(a) if
Indemnitor is a corporation, partnership or limited liability company, (i)
it
has the full power and authority to execute and deliver this Agreement and
to
perform its obligations hereunder; the execution, delivery and performance
of
this Agreement by Indemnitor has been duly and validly authorized by all
requisite organizational action and (ii) this Agreement is in the ordinary
course of business of that Indemnitor and will not result in the breach of
any
term or provision of the charter, by-laws, partnership or trust agreement,
articles of organization, operating agreement or other governing instrument
of
that Indemnitor.
(b) if
Indemnitor is an individual, he/she is acting in an individual capacity and
has
full power and authority to make this Agreement valid and binding upon
Indemnitor, enforceable in accordance with its terms;
(c) compliance
with, this Agreement will not result in the breach of any term or provision
of,
or conflict with or constitute a default under or result in the acceleration
of
any obligation under any agreement, indenture or loan or credit agreement or
other instrument to which Indemnitor or the Property is subject, or result
in
the violation of any law, rule, regulation, order, judgment or decree to which
the Indemnitor or the Property is subject;
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(d) there
is
no action, suit, proceeding or investigation pending or threatened against
it
which, either in any one instance or in the aggregate, may result in any
material adverse change in the business, operations, financial condition,
properties or assets of Indemnitor, or in any material impairment of the right
or ability of Indemnitor to carry on its business substantially as now
conducted, or in any material liability on the part of Indemnitor, or which
would draw into question the validity of this Agreement or of any action taken
or to be taken in connection with the obligations of Indemnitor contemplated
herein, or which would be likely to impair materially the ability of Indemnitor
to perform under the terms of this Agreement;
(e) no
approval, authorization, order, license or consent of, or registration or filing
with, any governmental authority or other person, and no approval, authorization
or consent of any other party is required in connection with this Agreement;
and
(f) this
Agreement constitutes a valid, legal and binding obligation of Indemnitor,
enforceable against it in accordance with the terms hereof.
3.2 Environmental
Representations, Warranties and Covenants.
The
Indemnitors hereby agree that the representations, warranties and covenants
contained in Sections 5.11 and 6.8 of the Security Instrument are hereby made
a
part of this Agreement to the same extent and with the same force as if fully
set forth herein.
4.
General
Provisions.
4.1 Unimpaired
Liability.
The
liability of Indemnitors under this Agreement shall in no way be limited or
impaired by, and Indemnitors hereby consent to and agree to be bound by, any
amendment or modification of the provisions of the Note, the Security Instrument
or any other document which evidences, secures or guarantees all or any portion
of the Loan or is executed and delivered in connection with the Loan (the “Other
Security Documents”) to or with Indemnitee by any Indemnitor or any person who
succeeds any Indemnitor or any person as owner of the Property. In addition,
the
liability of Indemnitors under this Agreement shall in no way be limited or
impaired by (a) any extensions of time for performance required by the Note,
the
Security Instrument or any of the Other Security Documents, (b) any sale or
transfer of all or part of the Property, (c) except as provided herein, any
exculpatory provision in the Note, the Security Instrument, or any of the Other
Security Documents limiting Indemnitee's recourse to the Property or to any
other security for the Note, or limiting Indemnitee's rights to a deficiency
judgment against any Indemnitor, (d) the accuracy or inaccuracy of the
representations and warranties made by any Indemnitor under the Note, the
Security Instrument or any of the Other Security Documents or herein, (e) the
release of any Indemnitor or any other person from performance or observance
of
any of the agreements, covenants, terms or condition contained in any of the
Other Security Documents by operation of law, Indemnitee's voluntary act, or
otherwise, (f) the release or substitution in whole or in part of any security
for the Note, or (g) Indemnitee's failure to record the Security Instrument
or
file any UCC financing statements (or Indemnitee's improper recording or filing
of any thereof) or to otherwise perfect, protect, secure or insure any security
interest or lien given as security for the Note; and, in any such case, whether
with or without notice to Indemnitors and with or without
consideration.
4.2 Enforcement.
Indemnified Parties may enforce the obligations of Indemnitors without first
resorting to or exhausting any security or collateral or without first having
recourse to the Note, the Security Instrument, or any Other Security Documents
or any of the Property, through foreclosure proceedings or otherwise, provided,
however, that nothing herein shall inhibit or prevent Indemnitee from suing
on
the Note, foreclosing, or exercising any power of sale under, the Security
Instrument, or exercising any other rights and remedies thereunder. This
Agreement is not collateral or security for the debt of Borrower pursuant to
the
Loan, unless Indemnitee expressly elects in writing to make this Agreement
additional collateral or security for the debt of Borrower pursuant to the
Loan,
which Indemnitee is entitled to do in its sole discretion. It is not necessary
for an Event of Default to have occurred pursuant to and as defined in the
Security Instrument for Indemnified Parties to exercise their rights pursuant
to
this Agreement. Notwithstanding any provision of the Security Instrument, the
obligations pursuant to this Agreement are exceptions to any non-recourse or
exculpation provision of the Security Instrument; Indemnitors are fully and
personally liable for such obligations, and their liability is not limited
to
the original or amortized principal balance of the Loan or the value of the
Property.
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4.3 Waivers.
(a)
Indemnitors hereby waive (i) any right or claim of right to cause a marshalling
of any Indemnitor's assets or to cause Indemnitee or other Indemnified Parties
to proceed against any of the security for the Loan before proceeding under
this
Agreement against any Indemnitor; (ii) and relinquish all rights and remedies
accorded by applicable law to indemnitors or guarantors, except any rights
of
subrogation which any Indemnitor may have, provided that the indemnity provided
for hereunder shall neither be contingent upon the existence of any such rights
of subrogation nor subject to any claims or defenses whatsoever which may be
asserted in connection with the enforcement or attempted enforcement of such
subrogation rights including, without limitation, any claim that such
subrogation rights were abrogated by any acts of Indemnitee or other Indemnified
Parties; (iii) the right to assert a counterclaim, other than a mandatory or
compulsory counterclaim, in any action or proceeding brought against or by
Indemnitee or other Indemnified Parties; (iv) notice of acceptance hereof and
of
any action taken or omitted in reliance hereon; (v) presentment for payment,
demand of payment, protest or notice of nonpayment or failure to perform or
observe, or other proof, or notice or demand; and (vi) all homestead exemption
rights against the obligations hereunder and the benefits of any statutes of
limitations or repose. Notwithstanding anything to the contrary contained
herein, Indemnitors hereby agree to postpone the exercise of any rights of
subrogation with respect to any collateral securing the Loan until the Loan
shall have been paid in full. No delay by any Indemnified Party in exercising
any right, power or privilege under this Agreement shall operate as a waiver
of
any such privilege, power or right.
(b) INDEMNITORS
HEREBY WAIVE, TO THE FULLEST EXTENT PERMITTED BY LAW, THE RIGHT TO TRIAL BY
JURY
IN ANY ACTION, PROCEEDING OR COUNTERCLAIM, WHETHER IN CONTRACT, TORT OR
OTHERWISE, RELATING DIRECTLY OR INDIRECTLY TO THE LOAN EVIDENCED BY THE NOTE,
THE APPLICATION FOR THE LOAN EVIDENCED BY THE NOTE, THE NOTE, THE SECURITY
INSTRUMENT, THIS AGREEMENT OR THE OTHER SECURITY DOCUMENTS OR ANY ACTS OR
OMISSIONS OF ANY INDEMNIFIED PARTIES IN CONNECTION
THEREWITH.
4.4 Notices.
All
notices or other written communications hereunder shall be deemed to have been
properly given (a) upon delivery, if delivered in person or by facsimile
transmission with receipt acknowledged by the recipient thereof and confirmed
by
telephone by sender, (b) one (1) Business Day (defined below) after having
been
deposited for overnight delivery with any reputable overnight courier service,
or (c) three (3) Business Days after having been deposited in any post office
or
mail depository regularly maintained by the U.S. Postal Service and sent by
registered or certified mail, postage prepaid, return receipt requested,
addressed to the addresses set forth in the preamble to this Agreement or as
such party may from time to time designate by written notice to the other
parties. Either party by notice to the other may designate additional or
different addresses for subsequent notices or communications. For purposes
of
this Section, “Business Day” shall mean a day on which commercial banks are not
authorized or required by law to close in New York, New York.
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4.5 No
Third-Party Beneficiary.
The
terms of this Agreement are for the sole and exclusive protection and use of
Indemnified Parties. No party shall be a third-party beneficiary hereunder,
and
no provision hereof shall operate or inure to the use and benefit of any such
third party. It is agreed that those persons and entities included in the
definition of Indemnified Parties are not such excluded third party
beneficiaries.
4.6 Duplicate
Originals; Counterparts.
This
Agreement may be executed in any number of duplicate originals and each
duplicate original shall be deemed to be an original. This Agreement may be
executed in several counterparts, each of which counterparts shall be deemed
an
original instrument and all of which together shall constitute a single
Agreement. The failure of any party hereto to execute this Agreement, or any
counterpart hereof, shall not relieve the other signatories from their
obligations hereunder.
4.7 No
Oral Change.
This
Agreement, and any provisions hereof, may not be modified, amended, waived,
extended, changed, discharged or terminated orally or by any act or failure
to
act on the part of any Indemnitor or any Indemnified Party, but only by an
agreement in writing signed by the party against whom enforcement of any
modification, amendment, waiver, extension, change, discharge or termination
is
sought.
4.8 Headings,
Etc.
The
headings and captions of various paragraphs of this Agreement are for
convenience of reference only and are not to be construed as defining or
limiting, in any way, the scope or intent of the provisions hereof.
4.9 Number
and Gender/Successors and Assigns.
All
pronouns and any variations thereof shall be deemed to refer to the masculine,
feminine, neuter, singular or plural as the identity of the person or persons
referred to may require. Without limiting the effect of specific references
in
any provision of this Agreement, the term “Indemnitors” shall be deemed to refer
to each and every person or entity comprising an Indemnitor from time to time,
as the sense of a particular provision may require, and to include the heirs,
executors, administrators, legal representatives, successors and assigns of
Indemnitors, all of whom shall be bound by the provisions of this Agreement,
provided that no obligation of any Indemnitor may be assigned except with the
written consent of Indemnitee. Each reference herein to Indemnitee shall be
deemed to include its successors and assigns. This Agreement shall inure to
the
benefit of Indemnified Parties and their respective successors and assigns
forever.
4.10 Joint
and Several Liability.
If
Indemnitor consists of more than one person or entity, the obligations and
liabilities of each such person hereunder are joint and several.
4.11 Release
of Liability.
Any one
or more parties liable upon or in respect of this Agreement may be released
without affecting the liability of any party not so released.
4.12 Rights
Cumulative.
The
rights and remedies herein provided are cumulative and not exclusive of any
rights or remedies which Indemnitee has under the Note, the Security Instrument,
or the Other Security Documents or would otherwise have at law or in
equity.
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4.13 Inapplicable
Provisions.
If any
term, condition or covenant of this Agreement shall be held to be invalid,
illegal or unenforceable in any respect, this Agreement shall be construed
without such provision.
4.14 Governing
Law.
This
Agreement shall be governed, construed, applied and enforced in accordance
with
the laws of the Commonwealth of Massachusetts without regard to principles
of
conflict of laws, except as may be preempted by federal law.
4.15 Approvals.
Wherever pursuant to this Agreement (a) Indemnified Parties exercise any right
given to it to approve or disapprove, (b) any arrangement or term is to be
satisfactory to Indemnified Parties, or (c) any other decision or determination
is to be made by Indemnified Parties, the decision of Indemnified Parties to
approve or disapprove, all decisions that arrangements or terms are satisfactory
or not satisfactory and all other decisions and determinations made by
Indemnified Parties, shall be in the sole discretion of Indemnified Parties,
except as may be otherwise expressly and specifically provided
herein.
4.16 Legal
Fees.
Wherever pursuant to this Agreement it is provided that Indemnitors pay any
costs and expenses, such costs and expenses shall include, but not be limited
to, legal fees and disbursements of Indemnified Parties, whether with respect
to
retained firms, the reimbursement for the expenses of the in-house staff or
otherwise.
IN
WITNESS WHEREOF, this Agreement has been executed by Indemnitors and is
effective as of the day and year first above written.
BAY
STATE REALTY HOLDINGS, INC.,
a
Massachusetts corporation
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By: | ||
Xxxxx Xxxxxx, President |
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By: | ||
Xxxxxxx Xxxxxxxx, Secretary |
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HOMETOWN
AUTO FRAMINGHAM, INC.,
a
Massachusetts corporation
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By: | ||
Xxxxx Xxxxxx, President |
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By: | ||
Xxxxxxx Xxxxxxxx, Secretary |
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FAMILY
FORD, INC.,
a
Connecticut corporation
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By: | ||
Xxxxx Xxxxxx, President |
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By: | ||
Xxxxxxx Xxxxxxxx, Secretary |
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SHAKER’S
INC.,
a
Connecticut corporation
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By: | ||
Xxxxx Xxxxxx, President |
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By: | ||
Xxxxxxx Xxxxxxxx, Secretary |
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HOMETOWN
BRATTLEBORO, INC.,
a
Vermont corporation
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By: | ||
Xxxxx Xxxxxx, President |
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By: | ||
Xxxxxxx Xxxxxxxx, Secretary |
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SHAKER
AUTO GROUP, INC.,
a
Connecticut corporation
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By: | ||
Xxxxx Xxxxxx, President |
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By: | ||
Xxxxxxx Xxxxxxxx, Secretary |
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XXXXX XXXXXX, individually |
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XXXXXX
XXXXXX, individually
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XXXXXX XXXXXX, individually |
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XXXXX XXXXXX, individually |
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XXXXXX XXXXXX, individually |
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EXHIBIT
A
Description
of the Property
That
certain parcel of land situated in Framingham in the County of Middlesex and
said Commonwealth, described as follows:
Southwest
by Worcester Road, one hundred seventy-one and 39/100 feet;
Northwesterly
by lot A³ as shown on plan hereinafter mentioned, three hundred eighty-four and
48/100 feet; and
Northeasterly,
one hundred thirty-four and 31/100 feet, and
Southeasterly,
four hundred one and 05/100 feet by land now or formerly of Xxxxxxxxx X. Xxxxxx,
et al.
Said
parcel is shown as lot A4 on said plan, (Plan No. 8126E)
Also
another certain parcel of land situated in said Framingham, described as
follows:
Southwesterly
by Worcester Road, one hundred and eighty feet;
Northwesterly
by the middle line of a Way, forty feet wide, as shown on plan hereinafter
mentioned, three hundred fifty-nine and 84/100 feet;
Northerly
by land now or formerly of Xxxx X. Xxxxxxx, twenty-one and 86/100
feet;
Northeasterly
by land now or formerly of Xxxxxxxxx X. Xxxxxx, et al, one hundred and thirty
feet; and
Southeasterly
by lot A4 on said plan, three hundred eighty-four and 48/100 feet.
Said
parcel is shown on lot A3 on said plan, (Plan No. 8126E).
All
of
said boundaries are determined by the Court to be located as shown on a
subdivision plan, as approved by the Court, filed in the Land Registration
Office, a copy of which is filed in the Registry of Deeds for the South Registry
District of Middlesex County in Registration Book 388, Page 301, with
Certificate 58053.
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