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07016
CORRECTED DEED
This Deed is made on April 29 ,1985
whose post office address is One Nassau Hall/ Princeton/ New Jersey 08544
referred to as the Grantee.
The word "Grantee" shall mean all Grantees listed above,
Transfer of Ownership. The Grantor grants ami conveys (transfers ownership of) the property
described below to the Grantee. This transfer is made for the sum of $1.00.
Property. The property consists of the land and all the buildings and structures on the land in
ihz Borough and Township of Princeton
County of Mercer am State of New Jersey. The legal description Is:
;! ^ / ) \ } >1/
¥rz$&?v& by: ..ll5 ' „.
(N.J.$.A.46:i5-53} {Prirtt signer'*« name btiow &ij>nsstyr<
A* c. Reeves Hicks
(said line being railroad M.P. 2,3S *-, station L3S-*-2<*)
(5) N 23° 30' 30" W/ 177.65 feet to maple tree/ thence; (6) N 66° 38* B/ 90.00
feet to a points thence? (7) & 20 08s W/ 70.11 feet to a point/ thence; {8} N
23 25' 30" W/ 355.49 feet to a point and place of BEGINNING.
The above described easement and covenants shall terminate five (5)
years after the abandonment and termination of passenger services to the
property/ unless passenger services are reinstituted during the five year
period* _
Signatures, This Dzzd is signed and attired to by the Grantor's proper corporate officers as of the
date at the top of the first page. Its corporate seal is affixed.
Attested by:
personally came before me and Chss person acknowledged under oath, to my satisfaction, that:
(a) this person is the secretary of Mew^p^gy Transit Corporation
(NJ TRANSIT) an instrumentality of the State of New/^^^e corporation named mthis Dt^d:
(b) this person is the attesting witness to the signing of this Deed bv the proper corporate officer who ^
JEROME C. PREMO ^Ki?*17* UlreCtfa^>^^^^^^.^.
(c) this Dttd was signed and delivered by3&BCfflbc^»&(fecua& its voluntary act duly authorized by a prop??
resolution of its Board of Directors:
(d) this person knows the ptoptr seal of the corporation which was affixed lo this Dtcd:
(e) this person signed this proof to attest to the truth of these facts; and
CO the full and actual consideration paid or to be paid for the transfer of title is S 1,00*
(Such consideration is defined in NJ.S.A. 46; 15-5.)
Signed and sworn to before me on.
7 # o-JVCEWffiQHTTKCViA
...w/^^q.JL^.^l HaryannevSikc
*y Commissi Expiries Uqv. 20,1985
t<M-DE€D -BARGAIN AMD SALE (CommM as to Grantor^ Acts) CopyritfMj 1982 By ALL-STATE UGAt SUPPLY CO.
CDBf TO !ND. OS CORP. - Plain Unguapt ADGRVST~t On« Commerce Drh*, Crsnford. NJ. 07018
DEED
This Deed is made on December 5 . 19 84 ,
BETWEEN
NEW JERSEY TRANSIT CORPORATION
An instrumentality . ,. ,AV^A„
axaaqHJlWKWof the state of New Jersey
having its principal office at McCarter Highway and Market Street
Newark , Mew Jersey referred to m the Grantor,
AND
THE TRUSTEES OF PRINCETON UNIVERSITY,
a not-for-profit educational corporation
in the State of New Jersey.
whose post office address is One Nassau Hall, Princeton, New Jersey 08544.
referred to a* the Grantee.
The word "Grantee" shall mean ail Grantees listed above.
Transfer of Ownership, The Grantor grants and conveys (transfers ownership of) the property
described below to the Grantee. This transfer is made for the sum of Eight Hundred Ninety-Three
Thousand Seven Hundred Dollars and No Cents — {$893,700.00)- —~-
The Grantor acknowledges receipt, of this money.
Borough & Township
Tax Map Reference, (N.J.S.A. 46:15-2.1) Municipality of Of Princeton
mmW& See below » see below Account No.
f"~| No property tax identification number mavailable on the date of this Dtz6. (Check box if applicable.)
Property. The property consists of the land and all the buildings and structures on the land in
the Borough and Township of Princeton
County of Mercer * and Stale of New jersey. The legal description is:
BEGINNING at an iron pin in the. dividing line of Princeton Township and Princeton
Borough said pin being the following two courses from a monument at the intersection
of the southerly line of University Place and the easterly line of Alexander Street
thence from said monument and along southerly line of University Place N 66° 38* E
218.74 feet, to a point, thence, S 23® 25* 30" E 174,91 feet to the point of
beginning, thence;
{1} along said dividing line N 67° 21* 30u E 199.94 feet
to an iron pin, thence;
The above description is made in accordance with a survey prepared by HcElroy &
Associates, Professional Land Surveyors and Planner dated November 23, 1984/
EASEMENT RETAINED BY GRANTQR
Grantor retains an easement over the property for public transportation purposes,
including but not limited to: right-of-way along existing tracks; a station to
include a passenger waiting room, a ticket office, storage space» a mechanical
area, and a bathroom; crew quarters; a railroad station platform of a minimum of
170 feet in length and a width of twelve feet; and ingress md egress to the above
for Grantor's passengers, employees, contractors and agents for any and all purposes
related to the use, operation,, maintenance* inspection or alteration of passenger
services, all in accordance with and as more specifically set forth in 115 and* §17
of the Sales Agreement between parties dated October 30, 1984, Any alterations to
the improvements used for the above-described easeroent shall be subject to approval
by Grantor,
The above-described easement and covenants shall terminate five (5) years after the
abandonment and termination of passenger services to the property, unless passen
ger services are reinstituted during the five year period.
Promises by Grantor, The Grantor promi?>es that the Grantor has done no act to encumber the
property. This promise h called a "covenant as to grantor's acts"(NJ.S.A. 46:4-6). This promise means that
the Grantor has not allowed anyone else to obtain any legal rights which affect the property (such as by making
a mortgage or allowing a judgment to be entered against the Grantor).
Signatures. This Dead is signed and attested to by the Grantor's proper corporate officers as of the
date at the top of the first page. Its corporate seal is affixed.
Attested by:
personally came before me and this person acknowledged under oath, to my satisfaction, that:
(a) this person isthe secretary of the New Jersey Transit "Corporation
(NJ Transit) an Instrumentality of the State of Hew Jers^e corporation named in this Deed-
(b) this person is the attesting witness to the signing of this Dzvd by the proper corporate office who i«
Jerome C. Premo *HEW^^
(c) tins Dztd was mintd and delivered by the i^Jo^ifSPWlbntary act duly authorized by a prw
resolulion ofits Board of Directors; S3 Transi t y p *"
(d) this person knows the proper seal of the corporation which was affixed to this D^td-
(e) this person signed this proof to attest to the truth of these facts; and
(0 the full and actual consideration paid or to be paid for the transfer of title is S893,700,00
(Such consideration is defined in NJ.S.A. 46:15-5.)
Signal and swoyi to before me on
C\.j^t^'tJ.....
Ar\ *"'? /
^-j4~.•.:. .-^J.'i.V.:L•.^.^•r.-rrr:-
^riMi^K^j^ZAJ^
tPrijrt^np&af anesting wMmTlwi£* Zgmiuft)
;/ *' iom tzua^, ••' - Maryanne £tko
1Notary f»ub}lc, -State of New ktsty
Uy Commission Expires juntX% ;19S8
R E F D
X„t^ jSLwi? 3b**( .&,..**
Dated: December 5 , i#84
Gran lee.
SALES AGREEMENT
(the "Buyer"),
WITNESSETH:
Lots *! and 39 on the Borough Tax Map and Block 17.01, p/o
Lot 35 on the Township Tax Hap, all. as more particularly
- 1
3- Condition of Title. The sale :shall include all
fee simple title to the property free '. rom all liens and
1 a V- li1 -"-sr ^* *: c-y- ^ r j-i n v *'• ssri ^ i f-1 w •*1* H•"* i** > v-t? & *•' f*£i ^ •• ? ** ^
as at prasen t,
easements and
closing,
6, Searches,
condemned;
which have not been paid, and no work has been commenced or
~ n
CeVReal estate tax assessments on the Property are not
4(f) hereof:
Property .
8, >e .11. € r s 0 et au
- b ~
(d) The provisions of subsections (a) and (b) of this
Property *
purchase price ,
(h)
b) Platform. Buyer agrees to provide and maintain
ridership,
Buyer ,
or other property.
Buyer shall, at its own expense, appear, defend -and pay all
Eugene J. MoPartland
Vice President for Facilities
Haomillan Building
Princeton Us Ivors)tv
Princeton , New Jersey 0854^4
"2. ~
with a copy to:
Dale S. Koeop
University Counsel
318 Nassau Hall
Princeton University
Princeton, New Jersey 085ll(l
If to Seller:
Bobert Stoloff
Deputy Attorney General.
Mew Jersey Transit
HcCarter Highway and Market Street
P.O. Box 10Q09
Newark, M.J. 07101
mails .
agreement, namely sections 1*1, 15, 16, 17, 18, and 19 and
^MM..}£llIll.
/^tfJerome Premc» Exeoutiv e i> i r e <
(J
By: >*J).M<&/^J
Sugejre Jy/McPartland
Vie/ President for F a c i i i n i e s
APPROVED
AS TO i;ORM
ATTO
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Schedule B
with and as more specifically set forth in §"5 and §•? of the
0 r a fitor .
Grantee covenants