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EASEMENT AGREEMENT @ 34 PEABODY ST 3y AA44 , EASEMENT AGREEMENT This Easement Agreement is entered by and between the City of Salem, a Massachusetts municipal corporation having a principal place of business at 93 Washington Street, Salem, Massachusetts (hereinafter the "Grantor") and 34 Peabody Street, Inc., a Massachusetts limited liability company having a principal place of business at 102 Lafayette St., Salem, Massachusetts (hereinafter the "Grantee"). WHEREAS, the Grantee is the owner of a parcel of land known as and numbered 34 Peabody Street, Salem, Massachusetts which land is more particularly described in a deed to the Grantee dated December 16, 2016 and recorded with Essex South District Registry of Deeds in Book 35558, Page 201 (the"Grantee's Property"); WHEREAS, the Grantee intends to construct a building upon the Grantee's Property with several window bays that project over the public sidewalk owned by the Grantor as shown on the Plan attached hereto dated August 25, 2020 and entitled Peabody Easement Exhibit Plan (the "Easement Plan"); NOW THEREFORE, for nominal consideration the Grantor hereby grants to Grantee, its invitees, successors, and assigns,the exclusive and perpetual right and easement to allow the window bays to be constructed projecting over the Grantor's property as shown on the Easement Plan. Grantor and Grantee agree as follows: The Grantee shall, at its sole cost and expense, be responsible to perform necessary maintenance of the window bay projection. Grantee assumes all the risk of entry onto and use of the Grantor's property and Grantee hereby releases the Grantor from any responsibility for Grantee's losses or damages related to the condition of the Easement Area and Grantee covenants and agrees that it will not assert or bring, nor cause any third-party to assert or bring, any claim, demand, lawsuit or cause of action (whether by way of original claim, cross claim, counterclaim, contribution claim, indemnification claim, third-party claim, or any other claim) against the Grantor. This provision shall survive the termination of this Easement Agreement. The Grantee shall maintain liability insurance satisfactory to the Grantor relative to the Easement. All notices to be given pursuant to the terms hereof shall either be delivered in hand by messenger with signed receipt or by recognized overnight courier services with signed receipt, or shall be mailed by certified or registered mail, return receipt requested, postage prepaid, to the party entitled to receive such notice addressed as described below. Notices shall be deemed given when delivered by messenger or overnight courier service on the date of the delivery as aforesaid or when deposited in certified or registered United States mail, postage prepaid, return receipt requested. IF TO GRANTOR: Office of the Mayor City Hall 93 Washington Street Salem, MA 01970 WITH A COPY TO: City Solicitor City Hall 93 Washington Street Salem, MA 01970 IF TO GRANTEE: 34 Peabody Street, Inc. 102 Lafayette Street Salem, MA 01970 WITH A COPY TO: Scott M. Grover, Esq. 27 Congress Street, Suite 414 Salem, MA 01970 Grantee and Grantor shall,at any time and from time to time, have the right to specify their proper addresses for purposes of this Agreement any other address or addresses by giving fifteen (15)days' written notice thereof to the other party in accordance with the provisions herein. The validity, construction and interpretation of this Agreement will be in accordance with the laws of the Commonwealth of Massachusetts. The obligations and benefits created pursuant hereto shall run with the land and be binding upon and inure to the benefit of the respective parties, their heirs, executors,administrators, and successors and assigns. This instrument, executed in multiple counterparts, is to be construed as a Massachusetts contract, is to take effect as a sealed instrument, sets forth the entire agreement between the parties and may be cancelled,modified or amended only by a written instrument executed by both the Grantor and Grantee. No consent or waiver, expressed or implied by the Grantor to or for any breach of any covenant, condition or duty of Grantee shall be construed as a consent or waiver to or for any other breach of the same or any other covenant,condition or duty. In the event Grantee shall fail to comply with any term or condition herein(an"Event of Default"), Grantor may terminate this Easement thirty (30)days after notice from Grantor of such Event of Default provided that Grantee shall have thirty (30)days from receipt of such notice to cure such Event of Default (except that in the case of an Event of Default which cannot with due diligence be cured within such period, then so long as Grantee proceeds with due diligence to continence to cure the same within the aforesaid thirty(30)day period and thereafter prosecutes the curing of such Event of Default with due diligence to completion,the time of Grantee within which to cure the same shall be extended for such period as may be reasonably necessary to complete the same with due diligence in the reasonable opinion of Grantor). EXECUTED this day of September, 2020. 34 Peabody Street,Inc. By: , President The City of Salem By: Kimberley Driscoll, its Mayor COMMONWEALTH OF MASSACHUSETTS Essex, ss. On this day of September 2020, before me, the undersigned notary public, personally appeared ,proved to me through satisfactory evidence of identification, which was his Driver's License, to be the person whose name is signed on the preceding or attached document, and acknowledged to me he signed it voluntarily for its stated purpose as his free act and deed as President of 34 Peabody Street, Inc.. Notary Public COMMONWEALTH OF MASSACHUSETTS Essex, ss. On this day of September, 2020, before me, the undersigned notary public, personally appeared Kimberley Driscoll, Mayor as aforesaid,proved to me through satisfactory evidence of identification, which was personal knowledge,to be the person whose name is signed on the preceding or attached document, and acknowledged to me she signed it voluntarily for its stated purpose as her free act and deed on behalf of the City of Salem. Notary Public THE LIGHTHOUSES 47 LEAVITT STREET&34 PEABODY STREET , _ PEABODY STREET SALEM,MA 01970 NSCDC _____ __ � __-- - �- ICON \r— ARCHITECTURE rT'�1 NM / 101 SUMMER ST BOSTON MA 02110 / �1 i/ w.nw.ur I I� :I, /�I 1 nrK. 1 /J 1. / / PROPERTY NE PROPERTYLI oE.8 I 1y 11.1040 7 1/ , I 4 1 BALCONY PROJECTION ErnPI PBOPENTY 4NE PUBLIC SIDEWALK 1// B11V PROJEGr10N �'� � -"�- --- �..� MARK I DATE I DES PTFON 0-wr 011). ' -- f----1, , m N.Iw .qMC 1r„M • NK NNNJRn fAMMOR •P-1E1LE J I,t.—.. MIrE 1 I m qK K___- PROJECT NwBBN:21SOSO •y I ill 11_ DRAWN NY: GA l—D `�' WARD STREE MGM�� SITE PLAN-PEABODY EASEMENT EXHIBIT O PEABODY BAY PROFILE 1 PLANS PEABODY EASEMENT EXHIBIT PLAN 3 A P. X-100 i v� 061744 Tp 2. CITY OF SALEM In City Council, September 24, 2020 Ordered: •� , The Salem City Council hereby authorizes the Mayor to execute an Easement for the benefit of 34 Peabody Street, Inc., at its new housing development at 34 Peabody Street,Salem,MA. This Easement shall provide air rights above the sidewalk at 34 Peabody Street to enable the construction of balconies and bay windows. InCity Council September 24, 2020 Adopted by a roll call vote of 11 yeas, 0 nays and 0 absent Approved by thhhMayor on September 28, 2020 �� • )/ 1 00 oN� ATTEST: ILENE SIMONS CITY CLERK