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29 INTERVALE ROAD - BUILDING INSPECTION wr CUD to UPC 10330 PIo. 153L HASTINGS. NN I� s_ JOINT VENTURE AGREEMENT OF INTERVALE/RIVERVIEW FORCED MAIN ASSOCIATION WHEREAS, Peter K. Strout and Kathie M. Strout (hereinafter referred to as "Strouts") are the owners of realty located at 29 Intervale Road, Salem, Essex County, Massachusetts; and WHEREAS, Kevin T. Daly and Maria Daly (hereinafter referred to as "Dalys") are the owners of realty located at 33 Intervale Road, Salem, Essex County, Massachusetts; and WHEREAS, Michelle Girard (hereinafter referred to as "Girard") are the owners of realty located-at 20 Intervale Road, Salem, Essex County, Massachusetts; and WHEREAS,Peter Dilsso and Lisa Dilsso (hereinafter referred to as "Dilssos") are the owners of realty located at 19 Intervale Road, Salem, Essex County, Massachusetts; and WHEREAS, Robert Hamel (hereinafter referred to as "Hamel") is the owner of realty located at 27 Intervale Road Street, Salem, Essex County, Massachusetts. WHEREAS, John R. Connor (hereinafter referred to as "Connor") is the owner of realty located at 41 Intervale Road, Salem, Essex County, Massachusetts, and WHEREAS,the said Strouts, Dalys, Girard, Dilssos, Hamel, and Connor are the owners of a private sewer pumping system located on Intervale Road and Riverview Street, Salem, Essex County, Massachusetts, as shown on a plan attached hereto and incorporated harein; and WHEREAS, the cost of installing said system amounted to the sum of Fourteen Thousand ($14,000.00) Dollars for the cost and installation; and WHEREAS, Thomas P. Blackler (hereinafter referred tows "Blackler") is. the owner of realty located at 37 Intervale Road, Salem, Essex County, Massachusetts. NOW,THEREFORE, in consideration of the mutual covenants contained herein, the said Strouts, Dalys, Girard, Dilssos, Hamel, Connor, and Blackler hereby agree as follows: 1. The undersigned do hereby associate themselves as a joint venture, for the sole purpose of managing the ownership and maintenance of said private sewer pumping system, hereinafter to be referred to as "The Intervale/Riverview Forced Main Association". 1 2. The said Blackler shall pay one-seventh of the costs associated with the installation of said sewer pumping system to the said Strouts, Dalys, Girard, Dilssos, Hamel and Connor, in the amount of $333.33 each at the time of execution of this Agreement. 3. The said ait a er by granted one-seventh ownership of said sewer pumping system ariglsnted full rights of hook-up and use of said sewer pumping system. The said�aamm cknowledge that his percentage of ownership may decrease with the addition of other parties to this agreement. 4. The said Strouts, Dalys, Girard, Dilssos, Hamel, Connor, and Blackler agree to hereinafter share equally all expenses associated with the maintenance of said sewer pumping system. 5. Each owner reserves the right to separately dispose of his share of any real property associated with this agreement without the approval of any other owner 7 or management. However, such subsequent owner shall be bound by this agreement to the same extept s his predecessor in title, wie eyce0i_�io'A ¢5 57731'ed rl p r/qy/f. he-,thn s 6. Death of insolvency of any individual owner or bankruptcy or attachment or other action shall not dissolve this agreement, it being provided that any heir, assignee, purchaser at judicial sale, purchaser from receiver, referee in bankruptcy or otherwise, shall acquire only the interest of such individual owner and shall thereupon become bound by the articles hereof the same as if he had signed the same at the inception. -Ne 99 5)"AY'e4, "tiP4r4grA6PA 9 Aereill , 7. Any such owner or owners may grant permission to a public utility company or water company to enter upon said way, to install, repair, or relocate pipes, conduits, manholes, and other necessary appurtenances for transmission of sewer service in accordance with the company regulations. 8. The owners herein shall share equally all liability, damage, loss, claims, demands, and actions arising out or associated with the operation of the sewer pumping system. 9. The parties hereto collectively agree that any other abutters to said sewer pumping system will be allowed to hook up and purchase a pro rata share of the said costs of installation and any accumulated maintenance charges with the proceeds to be split equally amongst the present owners of the sewer pumping system. Each future owner shall be required to execute an agreement similar in content to this agreement. j,f ec, ri�Al/� ev C /kded F'ron, kis P�rR rfflp�i i 5 lob- 79Z 1/06 IAev) On A01,9 1 of "Ced,9rcres* i/ �;/td in t-le- P- S ,ex Re5.)-51r/ �aeclS rah �� C 3.b/l 60/*- ' /') / S�c)lion �o 2 10. The parties hereto hereby each grant to each other reciprocal easements necessary to effectuate this agreement and further agree to execute any and all documents necessary for recording in the Essex South District Registry of Deeds in order to make this agreement binding upon their successors in title to their respective realties. 11. This agreement shall be binding upon and shall inure to the benefit of the heirs, assigns, and successors in interest of the parties hereto. EXECUTED as a sealed instrument thisday of • , 2001. A4Z eter K. gtrobi V Kathie M. Strout Kevin T. Daly Maria Daly Michelle Gira ad Peter Dilsso is Di sso Obert Hamel ittCo n Thomas P. BI ler 3 COMMONWEALTH OF MASSACHUSETTS ESSEX, SS 1.,17 , 2001 Then personally appeared the above named Peter K. Strout and Kathie M. Strout and acknowledged the foregoing instrument to be their free act and deed, before me, Notary Public Commission Expires: JUDITH A. CONN Notary Public N9j t39mmlaakan Expires Dec.6,2002 COMMONWEALTH OF MASSACHUSETTS ESSEX, SS /0/ cr , 2001 Then personally appeared the ab o a evin T. Daly and Maria Daly and acknowledged the foregoing instrumen to b heir f ct a deed, before me, Notary Pubme \My mm' sion Expires: COMMONWEALTH OF MASSACHUSETTS ESSEX, SS 2001 Then personally appeared the above named Michelle Girard and acknowledged the foregoing instrument to be her free act and deed, before me, Notary Public My CommissionRENNAN Notary Public My Commfssion E)#res June 19, 20.03 COMMONWEALTH OF MASSACHUSETTS ESSEX, SS , 2001 Then personally appeared the above named Peter Dilsso and Lisa Dilsso and acknowledged the foregoing instrument to be their free act and deed, before me, Notary Public My Commission Expires: vm EMWNJ U8T9,2002 4 COMMONWEALTH OF MASSACHUSETTS ESSEX, SS , 2001 Then personally appeared the above named Robert Hamel and acknowledged the foregoing instrument to be his free act and deed, before me, n —�^ Notary Public My Commission Expires: AY r'0M I8810NWIRESAII NT9.2a02 COMMONWEALTH OF MASSACHUSETTS ESSEX, SS 2001 Then personally appeared the above named John R. Connor and acknowledged the foregoing instrument to be his free act and eed, before me, noI Awn o Notary Public My Commission Expires: 1000MMUNUMANT9.2002 COMMONWEALTH OF MASSACHUSETTS ESSEX, SS 2001 Then personally appeared the above named Thomas P. Blackler and acknowledged the fo going instrurrpnt to be his free act and deed, before me, Notary Public My Commission Expires: DIANNE BRENNAN Notary Public MY CorrinMIM EVO June 19, 2009 5