Township Council Meeting — Packet

3, Blook 160 and also along the southwesterly lines of Lot 4, Block 160 (lands n/f Trenk, Richard and Sivilli, Nancy in Deed Book 6387, Pg.255), Lot 5, Block 180 (lands nif Goetz, William in Deed Book 12434, Pg.5689) and Lot 7, Block 160 (lands nf Cuomo, Thomas in Deed Book 5231, Pg.477), South 43 degrees 43 minutes 27 seconds East (843°43'27"E), a distance of 452.56 feet ta a point othe southeasierly {ine of said Lot 7, Block 160; thence (41) running along sald southeasterly line of Lat 7, Block 160, North 46 degrees 16 minutas 33 seconds East (N46°16'33"E), @ distance of 6.00 feet to a point on the southwesterly Tine of said Lot 7, Block 160; thence (42) running along sald southwesterly line of Lot 7, Block 160 and also along the southwesterly lines of Lol B, Block 180 (lands n/f Assegidie, Fantu in Dead Book 12379, Pg.4580) and Lot 9, Block 160 (lands nf McCauley, Patrick in Deed Book 4833, Pg.38), South 43 degrees 43 minutes 27 seconds East (S43°43'27"E), a distance of 265.64 feet to a Found {ron Pipe on the northwesterly sideline of said Rock Spring Road, thence (43) running along said northwesterly sideline of Rock Spring Road, South 37 degrees 43 minutes 33 seconds West (S37°43'37'W), a distance of 6.07 feet toa point at the terminus of said 7 Rock Spring Road; “en

thence (44) running along said terminus of Rock Spring Read, South 43 degrees 43 minutes 27 seconds East (S43°43'27"E), a distance of 60.56 feet to a point on the said southeasterly sideline of Rock Spring Road; thence (46) running along the sald sideline of Rock Spring Road, if projected, South 37 degrees. 43 minutes 33 seconds West (S37°43'33'W), a distance of 19.44 feet to the POINT AND'PLACE OF BEGINNING. ~ : Containing 6,191,818 square fest or 119.1877 acres, more or less. This Description in accordance with a Boundary Survey prepared by G. C. Stewart Associates, Inc, 320 Runnymede Road, Essex Fells, New Jersey, dated June 30, 2014, a

@CSlewart Felis Profassionot 820 Runnymede Road PO Bex se Esok Fell, N.O7081 1973) 226-014) Fox (973) 226-3081 DESCRIPTIGN OF BLOCK 160,01, LOTS 30 and a4 LANDS OF “ROCK SPRING CLUB! POWNSHIP OF Wits? ORANGE, ESSEX COUNTY NEW JERSIY Baginning ata polni on tha southweslerly edetine of Walker Road (60 wide R.O.W,) with the easterly ting of tor ao o4 Biook 160.01 (lands aft Gerdner, Lawrence inj Deed Book 6263, Rone, 422,82 feet atong the southsagierly sideline of Spring Ht Drive (50° wide R.O.W.}, IF projected, Said Polnt at8a belng the 8 corner {ny Deed Book G87, Py. 334 Tract 2, and telng the POINT AND PLACE OF BEGINNING; thence (+) Suntiing along sald southwesterly sideline of Walker Road, South 76 degrees 04 minutse 68 seconds East {S76*04'5)"E), a disianos of 394.44 feet lo & polnt of curvature; thence {2) stil along sak! skleline of Walker Road, on 8 Olive, oLirving io the lelthaving a ratliva of 560.00 feel, a captral angle of 13 degrees 10 minutes 36 seconds (43°70'90"), an sto distance of 428.76 feet, and a chord bearing and dletanca of South 81 degrees 40 minules 16 seconde East {SB 1°40"8E), 120.50 feet in a point of Interaction with the nottiwesterly line of * | . Undurollff Tertage South (80' wide ROW); : . . thence (3) running slong pald Horthwesterly gideting of Underolllf Terrace South, South 36 degrees 20 minus 37 be00nds Wast (8362087 W), a distance 0f 218,58 feet lo an angle point, thenae (6) ati alotig 6kid sideline of Uncterolil Terrace South, Passing over @ Stone Monument at + the lermninus of sald Undereliff Terrace South al dialance of 6.34 ‘foal, and glen along the “Rorihweaterly line of Lot 3, Block 48.08. (lands néf Jacobs, Howard in Dead Sook 614 1, Pg.707 Tract 1), South 39 degrees 20 minutes 37 Seoords West (S3a°20'37"~W), 8 distanve of 806,05 Teat fo a point, Sald-patat balng Norih 33 degrees 20 minutes 37 aeoonde Eat (N39°20'37"E), 1,08 fget from a Found Stone Monurnent, Polat also being on tha Fortheaalerly line of Lot 40, Block 460.04 as shown on A cerlain map enilied Final Ptat “Rock Spring Esistes" Township of West Orange, Essex Souniy, New Jersey. Prepared by GC Stewarl Assoc, Daled 1/30/64 and Filed 3/00/84 as Mep No.3540, . ~ (hence (6) runaing along sald northeasterly tue of Lal 410, Block 180.04, and aleo along the notthsastery sklalins of Hillareat Avenue (59 wids R.O.W. es shown on sald Etled Map), North 7a

3540, . ~ (hence (6) runaing along sald northeasterly tue of Lal 410, Block 180.04, and aleo along the notthsastery sklalins of Hillareat Avenue (59 wids R.O.W. es shown on sald Etled Map), North 7a dlagracs 56 minutes 68 seconde Weet (N73°58'66"W), a cletenoe of 828.94 fost io a point of ourvelure; . thence (7) running along anid sideline of Hillorest Avenue, on a curv: ‘ourving io the left having a tadius of $75.00 feet, a central angie OF 40 degreps 00 minutes 06 soon ta0"00D4, an a dielanca of 422.47 feat, and a chord beering and Gistanes of South 86 degrees 03 minujes 02 seponds Wart (B86"os'o2"y) 1, 118,74 feet ig. | i seid itienn ‘Avenuey h, poln of tangency on He nonthwesterly sidelins of . SNGINEERS / SURVORS / pLaNNeny * BER]

thence (8) running slong aid sideline of Hillerest Avenue, South 66 degrees 03 minutes 02 séconds West (S66°03'02"W), a dislance of 82.78 feet to a point of aurvature; ‘thenea (9) mining atong sald sideline of Hilcrest Avenue, on a curva, ‘curving to Ihe right having a radius of 25.00 feel, a central angle of 40 degrees 00 minuias 00 seconds {40°00'00"), an aro distance of 47,46 leet, and @ chord bearing and distunga of South 86 degrees 03 minutes 02 seconds West ($88°03'02"W), 17,40 feet lo a point of lanyency on the noriheasterly sideline of sali Hillcrest Avenue. Said point balng ana course of North 18 degrees 03 minulae 02 seoonde Feat (N16"0302"E), a distance of 2,00 feel rom a Found Gano, Monument; thence (10) running along sald nottheastany sldaline oF Hiilerest Avenua, North 73 degrees 68 inutes BO saconds Weyl (N73°56'6G"W), a dletance of 25.00 feal fo a point on the soulheastarty line of Lot 25, Bloc; 180.04 as shown of a carlin mep enlided "Rock Spring at West Crenge’ 4 subdivision owned by tha Banwin Compsny, Prepared by Freeman and Winaton, daled 7/02/55 and Rev, 10/23/56; . . Tha follawiny (3) courses are along auld map of "Rock Sering at West Orangg” . , thortoe (11) running along the satd southeasterly ting of Lol 26, Block 160.01, Norih 16 degrays 03 minulas 02 seconds East siigroseet| a distance of 100,00 feal to a paint Inghe thenoe (12) sonning along said northeasterly tine of Lot 26, Block 180.01, Nosth 73 degrags 66 minutes 68 seconds Weal {N73°66'S6"W), 8 disterioe of 22,39 feat to a point In the southeasterly Une of said Lot 25, Block 189.04; . fhenoa (13) running along sald southoesterly ling of Lot 28, Blocit 180.01 and alec along the ~ northeasterly tries af Lots 24, 19, 18, 13, 12 and 41, Black 160,04, North 32 degrees 36 minutes * Jseconda Eset (N82°26°02"E), w distance of 1,055.21 feet to a paint on the southerly line af Lot * $0.04, Block 169.04 (lands nif ‘Township of West Orange In-Deed Book 4182, Pg.326; thence (16) running along seid southerly ling of Lot 40.04, Block 160.04, North 74 degrass 58 minules 82 ssconde Beal {N74 “58'32"), # digiance of 126.40 feat fo 4 cormertit pana, thence (16) running alony sald sastsrty ling of Lot 30.04, Block 180,04, North 14 depress 58 folnutes 02 aecands Easl (N14°65°02"E), a tislarice of 442.00 feet to tha . POINT AND PLACE of BEGINNING | soe . Containing 806,648 square inet

y ling of Lot 30.04, Block 180,04, North 14 depress 58 folnutes 02 aecands Easl (N14°65°02"E), a tislarice of 442.00 feet to tha . POINT AND PLACE of BEGINNING | soe . Containing 806,648 square inet ot 20,7878 acrea, more oriesn. * This Deecriptian in accordance with 8 Boundary Survey Prepared by G. CL Stewart Assovintes, Ine. 320) Ruutitymede Reng, Essex Fells, New Jersey, dated June 30, 2634, “a ,

This Commitment expires 180 days after the Commitment Date. COMMONWEALTH LAND TITLE INSURANCE COMPANY COMMITMENT NO. 19-LT-0033 SCHEDULE B, PARTI REQUIREMENTS All of the following Requirements must be met: 1, The Proposed Insured must notify the Company in writing of the name of any party not referred to in this Commitment who will obtain an interest in the Land or who will make a loan on the Land. The Company may then make additional Requirements or Exceptions. 2. Pay the agreed amount for the estate or interest to be insured. 3. Payment of all applicable underwriting rates, premiums, charges and fees to the Company. 4, Documents satisfactory to the Company that convey the Title or create the Mortgage to be insured, or both, must be properly authorized, executed, delivered, recorded and indexed in the Public Records: a Deed from Montclair Golf Club, a New Jersey not for Profit corporation to Township of West Orange. 5. If the present transaction is an assignment of a mortgage or lease, an estoppel certificate executed by the owner of the fee must be obtained. 6. if the present transaction consists in whole or in part of a conveyance, mortgage or lease by a corporation, a certified copy of the Resolution of the Board of Directors authorizing the transaction together with a certificate that the corporation is solvent and the By-Laws have been complied with must be obtained. 7. An affidavit of title executed by the seller(s) and /or mortgagor(s) must be obtained and the facts set forth therein must be considered. 8. The Company requires that you order a title continuation search ("Run-Down" or "Bring-Down") at least 24 hours prior to the scheduled closing or settlement. if the date of closing or settlement is postponed, you must order a new title continuation search. 9. The Company requires that a Notice of Settlement in connection with this transaction be filed, pursuant to N.J.S.A. 46:26A-11, as nearly as possible to, but not more sixty (60) days before, the anticipated date of recording of the closing documents. If the closing is postponed, a second Notice must be filed before the expiration of the first. If both a deed and mortgage are to be insured, two (2) Notices must be filed: one for the deed, and the other for the mortgage. 40. If the present transaction involves a mortgage to be insured and in the event the proceeds of the loan to

insured, two (2) Notices must be filed: one for the deed, and the other for the mortgage. 40. If the present transaction involves a mortgage to be insured and in the event the proceeds of the loan to be secured by the mortgage to be insured are not to be fully disbursed at closing (or if any of the proceeds of the loan are to be deposited into a construction disbursement or similar account), the Company must be notified prior to closing and this Commitment will be modified accordingly. This page is only a part of a 2016 ALTA® Commitment for Title Insuwance issued by Commonwealth Land Title insurance Company. This Commitment is not valid without the Notice; the Commitment to Issue Pollcy; the Commitment Conditions; Schedule A; Schedule B, Part !-Requirements; Schedule B, Part t-Exceptions; and a countersignature by the Company or its issuing agent that mey be in electronic form. Copyright American Land Title Association. All rights reserved. Soon SI6GATION The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as - of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. * ALTA Commitment for Title Insurance (08/01/2016) Technical Corrections 04-02-2018 Printed: 09.04.19 @ 04:08 PM NJRB 3-09 (Revised 7/04/48} Page4 NJ-CW-FXTD-01090.404974-SPS-1-19-19-LT-0033,

This Commitment expires 180 days after the Commitment Date. COMMONWEALTH LAND TITLE INSURANCE COMPANY COMMITMENT NO. 19-LT-0033 SCHEDULE B, PART! REQUIREMENTS (continued) 4. The identity of the Proposed Insured(s) must be disclosed to the Company prior to closing. For each policy to be issued as identified in Schedule A, item 2; the Company shall not be liable under this Commitment until it receives a designation for a Proposed Insured(s), acceptable fo the Company. As provided in Commitment Condition 4, the Company may amend this commitment to add, among other things, additional exceptions or requirements after the designation of the Proposed Insured({s). 12. The proposed Amount(s) of Insurance must be increased to the full value of the estate or interest being insured in accordance with NJLTIRB Manual of Rates and Charges, Article 3. When the final Amount(s) of Insurance are approved by the Company, the proposed Amounts(s) of Insurance will be revised accordingly, and the underwriting rate for the policy or policies and endorsement charges will be calculated consistent therewith. 13. Notice: Please be aware that due to the conflict between federal and state laws concerning the cultivation, distribution, manufacture or sale of marijuana, The Company is not able to close or insure any transaction involving Land that is associated with these activities. 14, New Jersey Superior and United States District Court returns dated February 7, 2019, show clear, see attached. Note: United States Patriot Search dated February 15, 2019, see attached. 15. Corporate Status Report vs. Montclair Golf Club is attached. 16. New Jersey UCC Search vs. Montclair Golf Club is attached. 17. Mortgage with instrument no. 2018096854, between Montclair Golf Club, a New Jersey not-for-profit corporation (mortgagor/borrower) and Provident Bank (mortgagee/iender) dated October 30, 2018, recorded November 8, 2018 in the Office of the County Clerk/Register of Essex; in the initial amount of $8,220,966.31. Assignment of Leases and Rents with instrument no. 2018096857, between Montclair Golf Club, a New Jersey not-for-profit corporation (mortgagor/borrower) and Provident Bank (mortgagee/lender) dated October 30, 2018, recorded November 8, 2018 in the Office of the County Clerk/Register of Essex; in the initial amount of $8,220,966.31. UCC Financing Statement with instrument no.

agee/lender) dated October 30, 2018, recorded November 8, 2018 in the Office of the County Clerk/Register of Essex; in the initial amount of $8,220,966.31. UCC Financing Statement with instrument no. 2018096861 filed November 8, 2018, wherein Montclair Golf Club is the debtor and Provident Bank is the secured party. COMPANY REQUIRES SAID MORTGAGE TO BE CANCELLED OR DISCHARGED OF RECORD. END OF SCHEDULE B, PART! This page is only a part of a 2016 ALTA® Commitment for Title Insurance Issued by Commonwealth Land Title insurance Company. This Commitment is nef valid without the Notice; the Commitment to Issue Policy; the Commitment Conditions; Schedule A; Schedule B, Part -Requirements; Schedule B, Part i!-Exceptions; and @ counter-signature by the Company or its issuing agent that may be in electronic form. —— Copyright American Land Title Association. All rights reserved. ae EOCRION The use of this Form (or any derivative thereof) is restricted to ALTA licensees and ALTA members in good standing as. 9 of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title Association. 7 ALTA Commitment for Title insurance (08/01/2016) Technical Corrections 94-02-2018 Printed: 03.04.19 @ 04:09 PM NJRS 3-09 (Revised 7/01/18) Page 5 NJ-GW-FXTD-01090.404974-SPS-1-19-19-LT-0033,