Supporting Documentation · May 28, 2026
Title Documents submission
84f75deb421ffd39069854850a62f394827a00d2de8a71d2b28aefab71cd5e89Indexed text · page 42
Show all pages95715760193 accept any additional lands conveyed to the Trustees in accordance with the instructions of the Committee of Managers and the consent of eighty percent (80%) of all votes of Proprietors cast on such question, to sell or otherwise transfer any portion of Llewellyn Park other than the Rambles in accordance with the instructions of the Committee of Managers and the consent of two-thirds of ail votes of Proprietors cast on such question, and to restrict the use of all or any portion of Llewellyn Park by deed restriction, conservation easement or otherwise, in accordance with the instructions of the Committee of Managers and the consent of two-thirds of all votes of Proprietors cast on such question. ELEVENTH: THAT the Committee of Managers 's hereby granted by each and every Proprietor, either by such Proprietor joining in the making of this First Amendment to Indenture or pursuant to the Order of the Superior Court of New Jersey, the power to assess taxes (“Taxes") against each Proprietor as set forth in this First Amendment to Indenture. Such Taxes may be assessed at any time and from time to time in the form of regular annual assessments. In addition to such regular assessments, special assessments shall also be permitted at-any time and from time to time, All Taxes shall be assessed by the Committee of Managers by majority vote: All Taxes so assessed shall be and remain (a) liens upon the property of Benefitted Lands of éach Proprietor from the date of theic assessment until same are paid in full and the recording of this First Amendment to Indenture shall constitute full and sufficient public notice of such fien (a "Tax Lien"), and (b) the personal obligation of the record owner of the Benefitted Lands of each Proprietor as of the date that the lien accrues and at all times thereafter until paid in full, including any subsequent owner of such Benefitted Lands. Taxes shall bear interest from the due date thereof until same are paid at the Prime Rate {as 16
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- Sep 29, 2026
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