EXCHANGE STREET LOFTS CONDOMINIUM
70 Exchange Street
Lynn, Massachusetts
MASTER DEED
This MASTER DEED of 70 EXCHANGE STREET LOFTS CONDOMINIUM is
made as of the ____ day of ______________, 2004 (the “Master Deed”).
PRODIGY PLUS, INC., having an address at 204 West 123
rd
Street, New York,
NY 10027 (the “Declarant”), being (a) the owner of the Residential Unit established
under that certain Amended and Restated Master Deed of 90 Exchange Street
Condominium (the “Primary Condominium”) dated as of __________, 2004, recorded in
the Essex County Registry of Deeds at Book __, Page ___, (as so amended and from time
to time hereafter amended, the “Primary Condominium Master Deed”), (b) the holder of
all rights as the owner of the Residential Unit as granted in Section 8D(1) of the Primary
Condominium Master Deed for purposes of creating this Condominium (the “Land”), and
(c) the grantee of the Development Rights (as set forth in Section 8 of the Primary
Condominium Master Deed) with respect to the addition of the Residential Unit to the
Primary Condominium and the creation of this Condominium, by duly executing and
recording this Master Deed, does hereby submit the Land, and all of its right, title, and
interest in the Building (as hereinafter defined), and in the easements, rights, and
appurtenances belonging thereto, to the provisions of Chapter 183A of the Massachusetts
General Laws as amended to the date of recording of this Master Deed (the
“Condominium Law”), and hereby states that it proposes to create, and does hereby
create, a condominium to be governed by and subject to the provisions of the
Condominium Law, as declared and provided for herein (the “Residential Condominium”
or the “Condominium”).
90 EXCHANGE, LLC, having an address at 90 Exchange Street; Suite #LL2,
Lynn, MA 01901 being the declarant under the Primary Condominium Master Deed, the
owner of the Commercial Units established thereunder and in the undivided percentage
interests in the land and other Common Areas and Facilities described in the orig