SECOND CORRECTED AMENDED MASTER DEED (Book 3381)
BURNT TAVERN MANOR CONDOMINIUM
THIS SECOND CORRECTED AMENDED MASTER DEED of BURNT TAVERN MANOR CONDOMINIUM made this 27th day of March, 1974, by Burnt Tavern Manor, Inc., a corporation of the State of New Jersey, having an office c/o Greenbaum, Greenbaum, Rowe & P.A., at One Woodbridge Center, Woodbridge, New Jersey 07095 (hereinafter the “Grantor”):
WHEREAS, by Master Deed dated May 10, 1973, and recorded in the Office of the Clerk of Ocean County June 8, 1973, in Book 3309 of Deeds at page 49 et seq. Grantor establishing the above named condominium pursuant to N.J.S.A. 46:8B-1 through 30; and,
WHEREAS, said Master Deed has heretofore been variously amended by the following documents;
Amended Master Deed dated July 27, 1973, and recorded August 10, 1973, in Book 3327 of Deeds for Ocean County at page 1 et seq.
Corrected Amended Master Deed dated November 19, 1973, and recorded December 6, 1973, in Book 3356 of Deeds for Ocean County at page 743 et seq.; and,
WHEREAS, Security Title and Guaranty Company, a title insurance company selected by Grantor to insure title to the units within said condominium, and Shadow Lawn Savings and Loan Association, an institutional mortgage lender which is the holder of mortgages comprising first liens on fifteen or more of such units, have required that a certain ambiguity in Exhibit “D” of the aforesaid Master Deed as currently amended be eliminated, which ambiguity relates to the manner of expressing the percentage interest of each unit of the condominium in the general common elements thereof; and,
WHEREAS, said ambiguity also appears in each unit deed and purchase __ mortgage heretofore executed with respect to certain units within such condominium; and,
WHEREAS, Grantor desires to execute this intrument in order to correct, __, and eliminate said ambiguity in all of the aforesaid documents, all __ to that certain power of attorney granted to it pursuant to paragraph __ the aforesaid Master Deed as currently amended;
NOW, THEREFORE, Grantor hereby declares that Exhibit “D” of the aforesaid Master Deed as currently amended shall be corrected and amended to __ provide as follows:
“A. All apartment units have a .261% interest in the
general common elements of the condominium.
“B. All townhouse units have a .325% interest in the
general common elements of the condominium.”
AND GRANTOR HEREBY FURTHER DECLARES that the percentage of interest in __ __ common elements of the condominium set forth in each unit deed and __ money mortgage heretofore executed with respect to any unit in the aforesaid condominium be deemed amended to reflect that percentage interest __ above with respect to Schedule D of the Master Deed.
IN WITNESS WHEREOF, Grantor has caused its corporate seal to be hereto affixed and attested by its Secretary, and these presents to be signed by the President, the day and year first above written.