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78003140
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78003140
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Last modified
7/16/2017 11:40:33 AM
Creation date
9/16/2014 11:48:37 AM
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DEEDS
Inst Number
78003140
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_ . , _ _ . � _ � <br /> . . y ' • ' ' <br /> 7s--:' ; p.0314 Q _ � :. : : <br /> : . <br /> � debrts and obstructions o£ every kind , the Parcel 2 Common Facilities and shall pro- <br /> , . <br /> i . , vide snd maiatain, or cauee to be prov3ded and maintained , adeqnate lighting for the <br /> �" Parcel 2 Co�n . Facilitiee . - � <br /> .� perform, or cause to be performed , its obligationa under this par , en Gordmaa <br /> � <br /> { Partnerahip or ita designee shall have the right b the duty , after giving ten � <br /> 3 (lOj days written notice to Unite ey Mortgage Campany , to perform such obl3gatioas <br /> � � for tlae account ted Jersey Mortgage Company and to obtain reimbursement from f <br /> � <br /> } . <br /> ; <br /> � 5 . This agreement sha13. continue in force so long as both Parcel 2 and Parcel 2 <br /> � <br /> ,;. are used for retail commercial activities . In the event that retail co�erciaZ . <br /> -�" 8etivi.ties on Psrcel I shall cease entirely at sny time , then Ua3ted Jersey Mortgage , � <br /> f ' :;; <br /> � Ccmpaaq shall have the right to terminate this agreement upon siaty (60) daps writtea <br /> � notice to the thea owner of Parcel 1 . In the event that retail co�ercial sctiv3.ties : <br /> � � � � � a : <br /> "� on Parcei 2 sBall cease entirelq at anp time , tIaea Gordman Partnership sha3.l fiave the 3 �#i <br /> '� �y <br /> > r3ght to terminate this agreement upon siaty (60) days written notice to the tken x�.� <br /> � owner of Psrcel 2 . T ora l � ` p , <br /> 6 emp ry nessatioa of retail co�ercial activities upon. . either ' < <br /> .�. <br /> � � ; � s . �„�" <br /> Parcel 3 or Parcel 2 bq reasoa of fire or other casualty . acts of God , labor diffi- � � 3W <br /> < � t # J3 <br /> �� culties or other caisaes beqond the reasonable control of the owner of Parcel i or :� .: <br /> � �.; Parcel 2 , as the case may be , or temporarq cessation of retail commercisl acLivities <br /> � " <br /> � upoa e3thez ParceT Z or Parcel 2 for not more than three hundred aizty (36Q) conaecn- <br /> �, tive days for the p�poaea of remodeling , rebuilding or reletting shall not be deemed <br /> k�r3 <br /> to 'be a cessation o£ retail .commercial activities for purposes o£ this paragraph . <br /> �4 � . . . . . . . . � . . . � . '<z: <br /> �{ . . . . . . . � . . _ <br /> 6. 1Qothing co,atained in this agre�eat shall be deemed to prevent aay partp <br /> �. aetuall . entitled to do so from <br /> Y relocating a� buildings or other improvemeata now or <br /> � heseafter located oa a� portion of Parcel i or Parcel 2 , or fxom conatructing on . or <br /> ;* removiag from Parcel l or Parcel 2 any buildings or other improvements , it being <br /> � I <br /> inteaded by the parties to 1his . agreement that this a <br /> � ' greement ahall apply only to the � _ <br /> a,, , Parcel I Common Facilities and Parcel 2 CoQmon Fscilities wh3ch actusllq eaist from <br /> �. , <br /> time to time on Parcel l and Parcel 2 ; proMded the location of any new or relocated <br /> struetare or strncturea do net block the driveway ruaning parallel immediatclq in <br /> ^ froat of ' the cei►ter connecting Pazcel 1 and Parcel Z ; and further grovided , hwever , <br /> that if the square-foot ratio of parking area to teaanta6le enclosed building area on -...�..; "� j <br /> »; , : <br /> _ ,.: , '. " ....' � . '. . � . . . . � . . . . . .. y ..4 <br /> � Yt <br /> � eitlter Psrcel l or Parcel 2 at a� time 3s reduced to lees thaa th�ee-td-one , then ;� �> <br /> ,� fi� � <br /> IIni�ed'-.Jiisey Mortgage Campany oY .�ordmaa Partaarship ._ as .the case may be , at aaq time � ' �?: ; <br /> � , <br /> r <br /> thereaf"#er shali hade tht right • to iermiaate th3s agreement upon aixty (60) days written �"'� ;� _ <br /> � . . . . . , . . . . . . . . - . . . . � . . . . . . . .i, � �;.d. <br /> + natic! to the thea os�aer of the Parcel oa which such reduced parlcing ratio then exists . <br /> � . <br /> � , . <br /> � � 3 � � <br /> � , . <br /> - _ _ _ .. <br />� <br />� <br />� <br />� <br />
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