Oval Road Easement

deve enn ope aS ne aan DECLARATION OF EASEMENT AND RIGHT OF WAY AGREEMENT THIS, AGREEMENT made on this 19% day of January, 1988, ALLIED-SIGNAL INC., successor in interest by merger to by and betweon/ ALLIED CORPORATION , P.O. Box 2245R, Morristown, New Jersey; HSSBX FELLS COUNTRY CLUB, 219 Devon Road, Essex Fells, Nowtersey: and WEST ESSEX HIGHLANDS, INC, Successor to oe —— West Essex Developers, Inc,, 1640 Vauxhall Road, Union, New Jersey, hereinafter referred to as Grantors, WITNESSETH: The Grantors are the owners of properties located in -the Municipality of West Orange. A11 properties abut a roadway commonly known as Oval Road, a roadway serving all properties, Pursuant to a letter agreement dated December 5, 1986, “(exhibit existing right of way of Oval Road and to a realign Oval Road in accordance with a plan propariits py G.C, Stewart Associates, Inc., dated November 2, 1987, (Exhibit B attached hereto) and to have constructed a roadway and related improvements in accordance with improvement plans prepared by G.C. Stewart Associates, Inc, revised through October 26, 1987. Said letter agreement also provides for the construction of the. new roadway and all related appurtenances by West Essex Highlands, Inc. "3 BR. AY BE G arhie A attached hereto) the parties have agreed to vacate the {Lg s210S%9