Dartmouth 674 - 676 Dartmouth Street Brochure 674 - 676 Dartmouth Street...32,775 +/- SF Retail /...

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32,775 +/- SF Retail / Warehouse Bldg. With a Rite Aid Ground Lease 674 - 676 Dartmouth St., Dartmouth, MA Building Size: 32,775 +/- SF Total Space. Retail / Office Space - 12,765 SF +/- Storage Space - 20,010 SF +/- Lot Size: 6.19 +/- Acres. Construction: Block & Wood Truss - Built 1963. Zoning: General Business District. Utilities: Municipal Water & Sewer, Natural Gas. Oil Steam Boiler in Storage Area. Electric: 600 Amp, 120/208 - 3 Phase. Internet: Comcast & Verizon T-1. Ceiling Heights: 10’ 6” in Retail / Office Area. 11’10” to 15’6” in Storage Area. Taxes: $20,053 - 2010. Loading: 1 - 14’ x 14’ Power On Grade Door. Parking: 53 Spaces for 676 Dartmouth Street. Rear Yard: The 1+ Acre Rear Yard is Fenced. For Sale at $1,675,000 Contact: Michael Giancola, SIOR 508.833.5050 Southeast Commercial Real Estate, Inc. www.southeastcommercialre.com No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions or withdrawals without notice. Great Opportunity for a User To Occupy and Collect Rent. Email Us for a Package: [email protected] Rite Aid USPS Webster Bank RITE AID - Ground Lease 20 Year Ground Lease - With Options to Extend. 48,160 +/- SF of Land Area. 51 Parking Spaces. 2010 Real Estate Taxes: $17,047. Second Tenant on the Property: Trenz Hair Salon Pays $17,000 Yr Gross.

Transcript of Dartmouth 674 - 676 Dartmouth Street Brochure 674 - 676 Dartmouth Street...32,775 +/- SF Retail /...

32775 +- SF Retail Warehouse Bldg With a Rite Aid Ground Lease

674 - 676 Dartmouth St Dartmouth MA

Building Size 32775 +- SF Total Space Retail Office Space - 12765 SF +- Storage Space - 20010 SF +- Lot Size 619 +- Acres Construction Block amp Wood Truss - Built 1963 Zoning General Business District Utilities Municipal Water amp Sewer Natural Gas Oil Steam Boiler in Storage Area Electric 600 Amp 120208 - 3 Phase Internet Comcast amp Verizon T-1 Ceiling Heights 10rsquo 6rdquo in Retail Office Area 11rsquo10rdquo to 15rsquo6rdquo in Storage Area Taxes $20053 - 2010 Loading 1 - 14rsquo x 14rsquo Power On Grade Door Parking 53 Spaces for 676 Dartmouth Street Rear Yard The 1+ Acre Rear Yard is Fenced

For Sale at $1675000

Contact Michael Giancola SIOR

5088335050

Southeast Commercial Real Estate Inc wwwsoutheastcommercialrecom

No warranty or representation express or implied is made as to the accuracy of the information contained herein and same is submitted subject to errors omissions or withdrawals without notice

Great Opportunity for a User To Occupy and Collect Rent

Email Us for a Package

mgiancolaccimnet

Rite Aid

USPS Webster Bank

RITE AID - Ground Lease

20 Year Ground Lease - With Options to Extend

48160 +- SF of Land Area

51 Parking Spaces

2010 Real Estate Taxes $17047

Second Tenant on the Property Trenz Hair Salon Pays $17000 Yr

Gross

Propenv Location674 DARTMOUTH ST MAP 10 1332411 Bldg Name Stall ( w 21

Vision m 103285 Account Bldg t of I Sec I of I Card I of I Prilll l)al(OKI212010 1540

CURRENT OWNER L~_ TOPO I UTILlTIE~__I_sTBTlROAD I LOC4IlQjIL__ ____CURRB1YL1SSpoundSSMENT GliFOlWVIRI-IE (ill-lT- I ILevel II ~ltII Public I Paved i4 IBus District f)escrtplion (ode lipraS(c I~ h(l1

_--L_ r-~~OMMER------ 3250 - 1015100 IOIIUO -fJJ 676 DAIHlOlHI ST ~()M LA-ID 3250 337100 n7IUO f)IIUIf(( TH 111

t0MMERC 3250 36000 16000 DARnIOlTII1A 0274~ SUPPLEMENTAL DATA Additiollal Owners Other 10

VISION

(S ID ASSOC PID---~--T~t~li 13~8200 IJ~S200

RECOJPJll(jjYamp1lfsectiijgt____ _JJi-~(iiiiAGE [~A(tQ~TE 1uvi1SALEPiipoundKiv~I _ __ Pifli~iOufAS~E~~MEiVTS(iiiifT()R l) SPI-IDLF(In LIC 97681214 061112010 [1 I 16000001 II Yr Code AssessedJalL1i~licillltpoundL_-LmiddoteslImiddotrllIl ) ) (rue (IfFOIl) LIIIE CO 1-1( 9333188 041512009 LJ I I 100i IA

I

I

Total 1011

OTHER ASSESSMENTS signature acknowledges lisil hI II f)alll ClIllen Of -lHSVO

Code ~~iLJCrJlI(~1_ umber ~m)unt

APPRAISED VII LE Sl In IR

Nlll]D Ul onl

HITE AID IHRIAC

1IlwL ASSESSING NEIGHBORHOOD

~~ -- ~

NOTES --~--~~-------

177900

37200

36000

JrlOO

Total Appraised Parcel Value Valuation Method

118S200

(

Adjustment

Net Total Appraised Parcel Value

o

1388WO

I) note IJ PH

( t 00

Ili)()d NtSlilt

llIur~Llit(d

TION SECTION H IJs~ UllIt Acre ~ I if (ode Description lone [) Frontage i Depth Units Pnce I I Factor SA Disc _f Factor S1 Idx Adj~ I Notes- Adl SpecIal I 3251 SMRETSVC MDLmiddotI)( GB I 435601 SF 355 100 E 10000 100 072 200 I 3250 SMRETSC MDL-94 GB I 009 AC 15460000 100 0 10000 100 072 200 109 OIlUII 27800

~~~ ___~________ __________1-L__ _ Total Card L-~lId linits 109i AC Parcel Total Land Area 1109 Ie Toral Land Jiue JJ711Hl

Property Location674 DARTMOUTH ST MAP 10 1332411 II I Bldg Name Statr lie J~I

Vision ID 103285 Account Bldg I of I Sec I of Card of Prill t Da Ir OX2J20 I 0 15-10

CONSikiJCTON DETATC-------CONSTRUCTON DETAILItfltJlJJRL Cd (II -)esCrJI()17 [emen Cd Ch Descrilti()n

~------- BASSlyie 17 Storl 1olkl 96 Commercial Grade 05 Average +20 Stories

------~ -----_ _----_-------OccLipallcv MIXED USE Flerior WlIl 11 Clapboard Code jDescription Percenlae

bttrim Wall ~ 3251 SMRETSVC MDL-96 100

RoolSllllCILIIC 0 I Flat Rool-( (lie 04 Tar amp Cravel Interlol all I 05 Dr~waIlShlN

Interr all 2 COSTMARKET VALUA TON Illtcrlol Illlm I 14 (a rpN Adl Base Rate 9521

13~Se~tl()n RCN 1062979InlerioI 1loor2 Net Other Adj 000

lleatlllg ILiel OJ Cas iReplace Costshy 1062979lcallllg rvpc 04 Forced Air-Due AYB 2002 ~C Tvpe OJ Central EYB 2006

IDep Code Illclg Usc J251 SMRETSVC MDL-96 iRemodel Ratl1g lotal Rool11s iYear Remodeled CA~ lotal Bedrl11s 8ep 7

FunctIOnal Obslnc ExtemalObslnc 37 ~O

ost Trend Factor

Total Baths

82 ~StatusIlcatiAC 01 HEATAC PKGS 370IY CO11plete 7lral11e Type 03 1ASOlRY Overall Y Cond 92 f3aths i PILlIl1blllg 02 AERA(E middotApprals Val 977900 (etllllg Wall 05 SIS-CEIL amp WI [)ep 1 Ovr o 1~Il0I11S Irlils 02 AVERAGE Dcp Ovr Commenl

M Ie l11p Ovr oWall Height 20 MIse Imp Ovr Coml11ent

(j() (011111 Vyall 0 COSl to Cure Ovr o Cost to Cure Ovr Comment

OB-OlJTBUILDINC-ampYARD lTEMS(L) I XF-BUlLDlNG EXTRA FEATURES(B) i COlk 1)esenPllon Sllh_SLlhJ)e~rlJ)t_iLlB ~Jnlt~Unit Price lyLGdejbpRtCnd r-ndHpr Vale~ PAVI P(G-ASPIL ~200I225 0 0 _ - - shySPRI SIIHhLERS B 111071275 t006 2 100 DIWI DImE-II 1 B il 1000000 12006 2 1100

I No Photo On Record I

~ BUILDING SUB-AREA SUMMARY SECTON __I

( ode _jJ~CrljJll(l1_ LlvlI1g Area uross Area rpound - Area Jl1 il Cost IUndeprec Ialue BAS First Floor 11070 11070 11070 9521 10540291 CA Canopy o 469 94 1908 89501

Ttl Gross LivlLease Area 11070 115391 11164 1062979

-------

)JJ21l0

Property Location676 DARTMOUTH ST MAP 10 133241111 Bldg Name State ( lJSO

Vision ID 8197 Account Bldg I of I Sec I of Card of Print Dall IlS2J2010 1539

CUBJENT QWNER I ~_ TOPQ I I UTILIrIES J~-JTRTlROADJl LQCAI11lN _ __C __ n_~ ___~CURRpound1Y11SSESSMpoundNT (UFOIHl IHIE co INC I Level 11 v1I Publici Paved ~ Bus District DescriptIOn C()d~ AjJjJrlld f It Ilt 1s(1 li r ~tit

y HXK FIVE -04(OMMlmc 33110 667100 M7IIHI 79 1A1 IT ATT H COLLIS -COgtl LA Igt 3380 XX 1200 -IS 1200 IJ 10 ()( rl ltlIA

--------~ CO~II1ERC 33XO X470() 1l-l700 fALL RIVEH 1 02720 SUPPLEMENTAL DATA lodditionalOWlllr

VISION iGIS fD 013302410000 ASSOC PlD Total 1633000

RECORD OF OWNERsectiil_n_JLJK~VOJeAGEJSAIE DATE ]92U]vgJsALlf piiiClfTvmiddotc1 PREVIOUS ASSESSMENTS SPI)E (J n LIC 9738214 0ltgt111120101 l I IMIOOOO II [JriCudel_Assessed Va(lI~ iXrS21I Asesser (IFFOIW IUW co 1( i 933388 041520091 l bull I 100 IB 12010 13250 906900~009 3250 (IFFOIW PAl L H 0185611157 021819831 I 0i 2010 13250 i 362700~009 3250 )middotUOOOml 1~n ~I OSOO

[20 I 0 13250 bull 48400b009 3250 middot111middot1(10 20tl~ 120 -4 1lmiddot100 1 201013380 i 760300~009 3380 760 002011)) nmiddot1O 7((1300 I [201013380 897100Eo09 3380 6()1)020IlS JXII UIl6~0I1 I 1 ~~I_H _11~ _______~_~HOp-llLOl __11lLL___ (1 _ 11111 1001gt

mT~L I m~~_m Total 3060IOO~J(t(J 111 1900 TOlli 246001

EXEMPTIONS OTHER ASSESSMENTS Thi~ ~igllatllre ackllowledges it Imiddotilir by il Dar (OcllOr III middotLlSClSO ~ 1 ~~ ~

~ bullbullm + Amountmm~()de Vescnption m j

44100

I i

XF (8) Value

08 (L) Value Land Value

APPRAISED 11U i HHIR rI

Value (Card) (122)(10

NEIGHBORHOOD --------~------

~ ~ iNBIIU NAME STREET INDEX NAMt TRACINGI 114700

111lL21111

NOTES II (IFFOIW 1ARIE

Total Appraised Parcel Value 16000B1W1LEV JEWEIERS Valuation Method

TRE~Z SAU) fVII- SPLIT OFF RITE AIIl

Fl(=IWn Btl)( RA VIIS COHRECTED LOT SIZE FROM 524 TO 619 A( Adjustment o

DOW BELOW GIV)E FOR -VIO SEE DEED OF 409

409-I~El)(EI) ASKIiG FROM UM TO 2811 Net Total Appraised Parcel Value 16]]000

BUILDING PERMIT RECORD VISITI CHANGE flfSTOR r gtllon(~~~fiii~ AI~~~~~~ion

411806 05132007 IV I~o Va ue 05-4171lS 062l2006 AI IAltera ion 05--4J 1711 02172006 IV INo Va 05-J99~7 06272005 AL IAltera 02-13114 04222002 ~V 1]0 Value 02-21980 021512002 NC liew Construct

Cooe DeSCription D Frontage i Depth 3181 O1H M1R SS MDL-96 GB 1 3380 OTH HR IS MDI-OO GB 1 3380 OTH HR SS mI-Oil GB I

_ Total Card Land Ilnits

Amounl InsjJ)ale Coml Dale Comj) ~-ommenlS Dale r--=ll-I~Je--~-~T If) Cd -is5001 0 06022010 - - PB 50 Building j)(rmi(AGE TO I 6212010 ~-

5000 0 OVE OLII 511412007 PB 50 Building Penni 400001 0 05142007 VSTEM 4202006 PB 50 Huihlillg PHmil

1000 0 05012006 R(3106-1 611612005 IB 0 04202006 AIR DRI 6282002 PH 00 l~~rdjted

15000 ~EVEN SIGNS 1

6800001 NEW RETAIL STR(Cl I

Umt Acre Price L Dsc C SpecIIl2 dl [I [ llhl aluc

355 10000 III 3093011435601 SF AC I 5460000 10000 0lt)200110 -1lt)-17110160 AC 15500001 10000 11IlO(UlO 7721Hl249

I I __--_~_~__ L -L

509 AC Parcel Totalland Areai509 AC TOUII LillO IItIl ~812()(I

Property Location676 DARTMOUTH ST MAP ID 1332411 1 1 Bldg Name State 1st 31S0

Vision ID 8197 Account Bldg 1 of 1 Sec 1 of Card of Print Date OS23120 I 0 1539 _- -------______ __ ____ __-shy~___ CONS[gUrTlON DETAIL CONSTRUCTION DETAIL (CONTINUED)

poundIemenl Cd (17 [)escnplo1J Element CdCh DescrpllOn _ __ ______ -1-_____ -- L ________________ _

- Style 25 Senice Shop

Model 96 ( ommercial BAS I16 W1~125 1

35

Stl1r

(irade 04 Anrage +10

~~-~-~I

Oeeupanc 3 MIXED USE Lxtennr Wall 15 ConerCinder Code iDescriDtiolJ Percentaze

100

Roof Strueture 01 Flat Roof (()er 04 Tar amp Gravel

Inter Wall I 05 DrywallSheet

fxterior Wall 20 BrickMason ry 3381 OTH MTR SS MDL-96

5 95 Interior Wall 2 04 Plywood Panel COSTMARKET VALUATION Interior 11001 I 14 Carpet IAdj ~ Base Rate 4861

section RCN 1683573Intel ior 1luor 2 INet Other Adj 000

Ikating Fuel 03 Gas IReplace Cost 1683573

Heating Tvpe 04 Forced Air-Due AYB 1963

C Type 01 ~onl iEYB 1986 226 ~---~ Oep Code

9

226 Bldg Ue 3381 OTH VITR SS V1DL-96 Remodel Rating I Total Rool11 Year Remodeled i

ITotal Bednm 00 Dep X 48

Total Baths 2 451Functional Obslnc 5 IExternal Obsinc 10

29 49 6 58 Ikost Trend Factor I 6 30 aM ~ IStatus

HeatiAC 01 HEATAC PKGS j Complete Fral11e Type 03 MASONRY IOverall Cond 37 RathPlumbing 02 AVERAGE Apprais Val 622900 CeillngWall 03 SlS-CEILlVIN WL IOep Ovr o Roollllrtn 02 AVERAGE IOep Ovr Comment

iMisc Imp Ovr oWall Height 14 Mise Imp OvrComment

(~) (011111 Wall 0 iCost to Cure Ovr o Cost to Cure Ovr Comment

OB-OUTBllILDING amp YARD lTEMS(L) 1XF-BllILDING EXTRA FEATURES(B) I Code Descnplion Sub Sub Oescnpt IL7BU_~Unit Price 1yOde D-Rt shyPAVI il989IVING-ASPI L 170001225 0 Fi3 1ECE-6 (IlL i780 1500 11975

1

0 SPRI SIRIihLERS B 3128275 1986 2 AC IR CODITI B J557350 11986 2

No Photo On Record I

1 ~ BUILDING SUB-AREA SUMMARY SECTION

(ode DeWljJtiol1 _______Jb1Jlng Area i Gross Area Err Area I Unit Cost IUndeprec Value BAS First Floor 21726 21726 21726 4861 1056079 CA CanollY o 36 7 945 340 SDA Store Display Area 9557 9557 12902~ 6562 6271531

I

i I

~ ~~ i

I--~-~~ ~-----~~--~- ------------ ~~~ ~ -Ttl Gross LivLease Area 31283 31319 34635 1683573 ____

BK 9738 PG 214 061110 1144 DOC 13023

DEED Bristol Co SD

JOSEPH G BUTLER CHAPTER 11 TRUSTEE OF THE ESTATE OF GIFFORD MARINE CO INC clo Barron amp Stadfeld PC 100 Cambridge Street Suite 1310 Boston Massachusetts 02114 under authority of an order of the United States Bankruptcy Court for the District of Massachusetts entered on March 31 2010 in the case of In re Gifford Marine Co Inc case number 09-17833-JNF for consideration paid and in full consideration of One Million Six Hundred Thousand and 00100 Dollars ($160000000) grants to Spindle City Realty LLC of 79 North Main Street Fall River Massachusetts all of Gifford Marine Co Incs and the Chapter 11 estates right title and interest in and to the land and all improvements thereon located in South Dartmouth Bristol County Massachusetts (the Property) more particularly described on Exhibit A attached hereto and made a part hereof

The Property is conveyed subject to and with the benefit of all easements restrictions covenants and other instruments of record to the extent the same are applicable and in force and effect

Being the same premises conveyed to Gifford Marine Co Inc by Deed dated April 15 2009 and recorded with the Bristol County (South District)Registry of Deeds in Book 9333 Page 88

Witness my hand and seal this 9th day of June 2010

_-3I---~___==~____ Jose h utler chapter II trustee of the estate of Gifford Marine Co Inc and not individually

COMMONWEALTH OF MASSACHUSETTS Suffolk SS June 92010

Then personally appeared the above named Joseph G Butler as chapter 11 trustee of the estate of Gifford Marine Co Inc and proved to me through satisfactory evidence of identification which was [ ] a Massachusetts drivers license [x] personal knowledge [] other to be the persons whose name is signed on the preceding or attached document and acknowledged to me that he signed it voluntarily for its stated purpose and acknowledged the foregoing instrument to be his free act and deed bifW

A cfd13

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~~EG ~07- LshyBRTSTDL S

laquo-P Notary Public My Com ission Expires Io-ltJ 11 06111G ~1 ~45it

aOQODlJ ilfG

PROPERTY ADDRESS 676 Dartmouth Street DartmouthMA

BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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Propenv Location674 DARTMOUTH ST MAP 10 1332411 Bldg Name Stall ( w 21

Vision m 103285 Account Bldg t of I Sec I of I Card I of I Prilll l)al(OKI212010 1540

CURRENT OWNER L~_ TOPO I UTILlTIE~__I_sTBTlROAD I LOC4IlQjIL__ ____CURRB1YL1SSpoundSSMENT GliFOlWVIRI-IE (ill-lT- I ILevel II ~ltII Public I Paved i4 IBus District f)escrtplion (ode lipraS(c I~ h(l1

_--L_ r-~~OMMER------ 3250 - 1015100 IOIIUO -fJJ 676 DAIHlOlHI ST ~()M LA-ID 3250 337100 n7IUO f)IIUIf(( TH 111

t0MMERC 3250 36000 16000 DARnIOlTII1A 0274~ SUPPLEMENTAL DATA Additiollal Owners Other 10

VISION

(S ID ASSOC PID---~--T~t~li 13~8200 IJ~S200

RECOJPJll(jjYamp1lfsectiijgt____ _JJi-~(iiiiAGE [~A(tQ~TE 1uvi1SALEPiipoundKiv~I _ __ Pifli~iOufAS~E~~MEiVTS(iiiifT()R l) SPI-IDLF(In LIC 97681214 061112010 [1 I 16000001 II Yr Code AssessedJalL1i~licillltpoundL_-LmiddoteslImiddotrllIl ) ) (rue (IfFOIl) LIIIE CO 1-1( 9333188 041512009 LJ I I 100i IA

I

I

Total 1011

OTHER ASSESSMENTS signature acknowledges lisil hI II f)alll ClIllen Of -lHSVO

Code ~~iLJCrJlI(~1_ umber ~m)unt

APPRAISED VII LE Sl In IR

Nlll]D Ul onl

HITE AID IHRIAC

1IlwL ASSESSING NEIGHBORHOOD

~~ -- ~

NOTES --~--~~-------

177900

37200

36000

JrlOO

Total Appraised Parcel Value Valuation Method

118S200

(

Adjustment

Net Total Appraised Parcel Value

o

1388WO

I) note IJ PH

( t 00

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TION SECTION H IJs~ UllIt Acre ~ I if (ode Description lone [) Frontage i Depth Units Pnce I I Factor SA Disc _f Factor S1 Idx Adj~ I Notes- Adl SpecIal I 3251 SMRETSVC MDLmiddotI)( GB I 435601 SF 355 100 E 10000 100 072 200 I 3250 SMRETSC MDL-94 GB I 009 AC 15460000 100 0 10000 100 072 200 109 OIlUII 27800

~~~ ___~________ __________1-L__ _ Total Card L-~lId linits 109i AC Parcel Total Land Area 1109 Ie Toral Land Jiue JJ711Hl

Property Location674 DARTMOUTH ST MAP 10 1332411 II I Bldg Name Statr lie J~I

Vision ID 103285 Account Bldg I of I Sec I of Card of Prill t Da Ir OX2J20 I 0 15-10

CONSikiJCTON DETATC-------CONSTRUCTON DETAILItfltJlJJRL Cd (II -)esCrJI()17 [emen Cd Ch Descrilti()n

~------- BASSlyie 17 Storl 1olkl 96 Commercial Grade 05 Average +20 Stories

------~ -----_ _----_-------OccLipallcv MIXED USE Flerior WlIl 11 Clapboard Code jDescription Percenlae

bttrim Wall ~ 3251 SMRETSVC MDL-96 100

RoolSllllCILIIC 0 I Flat Rool-( (lie 04 Tar amp Cravel Interlol all I 05 Dr~waIlShlN

Interr all 2 COSTMARKET VALUA TON Illtcrlol Illlm I 14 (a rpN Adl Base Rate 9521

13~Se~tl()n RCN 1062979InlerioI 1loor2 Net Other Adj 000

lleatlllg ILiel OJ Cas iReplace Costshy 1062979lcallllg rvpc 04 Forced Air-Due AYB 2002 ~C Tvpe OJ Central EYB 2006

IDep Code Illclg Usc J251 SMRETSVC MDL-96 iRemodel Ratl1g lotal Rool11s iYear Remodeled CA~ lotal Bedrl11s 8ep 7

FunctIOnal Obslnc ExtemalObslnc 37 ~O

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Total Baths

82 ~StatusIlcatiAC 01 HEATAC PKGS 370IY CO11plete 7lral11e Type 03 1ASOlRY Overall Y Cond 92 f3aths i PILlIl1blllg 02 AERA(E middotApprals Val 977900 (etllllg Wall 05 SIS-CEIL amp WI [)ep 1 Ovr o 1~Il0I11S Irlils 02 AVERAGE Dcp Ovr Commenl

M Ie l11p Ovr oWall Height 20 MIse Imp Ovr Coml11ent

(j() (011111 Vyall 0 COSl to Cure Ovr o Cost to Cure Ovr Comment

OB-OlJTBUILDINC-ampYARD lTEMS(L) I XF-BUlLDlNG EXTRA FEATURES(B) i COlk 1)esenPllon Sllh_SLlhJ)e~rlJ)t_iLlB ~Jnlt~Unit Price lyLGdejbpRtCnd r-ndHpr Vale~ PAVI P(G-ASPIL ~200I225 0 0 _ - - shySPRI SIIHhLERS B 111071275 t006 2 100 DIWI DImE-II 1 B il 1000000 12006 2 1100

I No Photo On Record I

~ BUILDING SUB-AREA SUMMARY SECTON __I

( ode _jJ~CrljJll(l1_ LlvlI1g Area uross Area rpound - Area Jl1 il Cost IUndeprec Ialue BAS First Floor 11070 11070 11070 9521 10540291 CA Canopy o 469 94 1908 89501

Ttl Gross LivlLease Area 11070 115391 11164 1062979

-------

)JJ21l0

Property Location676 DARTMOUTH ST MAP 10 133241111 Bldg Name State ( lJSO

Vision ID 8197 Account Bldg I of I Sec I of Card of Print Dall IlS2J2010 1539

CUBJENT QWNER I ~_ TOPQ I I UTILIrIES J~-JTRTlROADJl LQCAI11lN _ __C __ n_~ ___~CURRpound1Y11SSESSMpoundNT (UFOIHl IHIE co INC I Level 11 v1I Publici Paved ~ Bus District DescriptIOn C()d~ AjJjJrlld f It Ilt 1s(1 li r ~tit

y HXK FIVE -04(OMMlmc 33110 667100 M7IIHI 79 1A1 IT ATT H COLLIS -COgtl LA Igt 3380 XX 1200 -IS 1200 IJ 10 ()( rl ltlIA

--------~ CO~II1ERC 33XO X470() 1l-l700 fALL RIVEH 1 02720 SUPPLEMENTAL DATA lodditionalOWlllr

VISION iGIS fD 013302410000 ASSOC PlD Total 1633000

RECORD OF OWNERsectiil_n_JLJK~VOJeAGEJSAIE DATE ]92U]vgJsALlf piiiClfTvmiddotc1 PREVIOUS ASSESSMENTS SPI)E (J n LIC 9738214 0ltgt111120101 l I IMIOOOO II [JriCudel_Assessed Va(lI~ iXrS21I Asesser (IFFOIW IUW co 1( i 933388 041520091 l bull I 100 IB 12010 13250 906900~009 3250 (IFFOIW PAl L H 0185611157 021819831 I 0i 2010 13250 i 362700~009 3250 )middotUOOOml 1~n ~I OSOO

[20 I 0 13250 bull 48400b009 3250 middot111middot1(10 20tl~ 120 -4 1lmiddot100 1 201013380 i 760300~009 3380 760 002011)) nmiddot1O 7((1300 I [201013380 897100Eo09 3380 6()1)020IlS JXII UIl6~0I1 I 1 ~~I_H _11~ _______~_~HOp-llLOl __11lLL___ (1 _ 11111 1001gt

mT~L I m~~_m Total 3060IOO~J(t(J 111 1900 TOlli 246001

EXEMPTIONS OTHER ASSESSMENTS Thi~ ~igllatllre ackllowledges it Imiddotilir by il Dar (OcllOr III middotLlSClSO ~ 1 ~~ ~

~ bullbullm + Amountmm~()de Vescnption m j

44100

I i

XF (8) Value

08 (L) Value Land Value

APPRAISED 11U i HHIR rI

Value (Card) (122)(10

NEIGHBORHOOD --------~------

~ ~ iNBIIU NAME STREET INDEX NAMt TRACINGI 114700

111lL21111

NOTES II (IFFOIW 1ARIE

Total Appraised Parcel Value 16000B1W1LEV JEWEIERS Valuation Method

TRE~Z SAU) fVII- SPLIT OFF RITE AIIl

Fl(=IWn Btl)( RA VIIS COHRECTED LOT SIZE FROM 524 TO 619 A( Adjustment o

DOW BELOW GIV)E FOR -VIO SEE DEED OF 409

409-I~El)(EI) ASKIiG FROM UM TO 2811 Net Total Appraised Parcel Value 16]]000

BUILDING PERMIT RECORD VISITI CHANGE flfSTOR r gtllon(~~~fiii~ AI~~~~~~ion

411806 05132007 IV I~o Va ue 05-4171lS 062l2006 AI IAltera ion 05--4J 1711 02172006 IV INo Va 05-J99~7 06272005 AL IAltera 02-13114 04222002 ~V 1]0 Value 02-21980 021512002 NC liew Construct

Cooe DeSCription D Frontage i Depth 3181 O1H M1R SS MDL-96 GB 1 3380 OTH HR IS MDI-OO GB 1 3380 OTH HR SS mI-Oil GB I

_ Total Card Land Ilnits

Amounl InsjJ)ale Coml Dale Comj) ~-ommenlS Dale r--=ll-I~Je--~-~T If) Cd -is5001 0 06022010 - - PB 50 Building j)(rmi(AGE TO I 6212010 ~-

5000 0 OVE OLII 511412007 PB 50 Building Penni 400001 0 05142007 VSTEM 4202006 PB 50 Huihlillg PHmil

1000 0 05012006 R(3106-1 611612005 IB 0 04202006 AIR DRI 6282002 PH 00 l~~rdjted

15000 ~EVEN SIGNS 1

6800001 NEW RETAIL STR(Cl I

Umt Acre Price L Dsc C SpecIIl2 dl [I [ llhl aluc

355 10000 III 3093011435601 SF AC I 5460000 10000 0lt)200110 -1lt)-17110160 AC 15500001 10000 11IlO(UlO 7721Hl249

I I __--_~_~__ L -L

509 AC Parcel Totalland Areai509 AC TOUII LillO IItIl ~812()(I

Property Location676 DARTMOUTH ST MAP ID 1332411 1 1 Bldg Name State 1st 31S0

Vision ID 8197 Account Bldg 1 of 1 Sec 1 of Card of Print Date OS23120 I 0 1539 _- -------______ __ ____ __-shy~___ CONS[gUrTlON DETAIL CONSTRUCTION DETAIL (CONTINUED)

poundIemenl Cd (17 [)escnplo1J Element CdCh DescrpllOn _ __ ______ -1-_____ -- L ________________ _

- Style 25 Senice Shop

Model 96 ( ommercial BAS I16 W1~125 1

35

Stl1r

(irade 04 Anrage +10

~~-~-~I

Oeeupanc 3 MIXED USE Lxtennr Wall 15 ConerCinder Code iDescriDtiolJ Percentaze

100

Roof Strueture 01 Flat Roof (()er 04 Tar amp Gravel

Inter Wall I 05 DrywallSheet

fxterior Wall 20 BrickMason ry 3381 OTH MTR SS MDL-96

5 95 Interior Wall 2 04 Plywood Panel COSTMARKET VALUATION Interior 11001 I 14 Carpet IAdj ~ Base Rate 4861

section RCN 1683573Intel ior 1luor 2 INet Other Adj 000

Ikating Fuel 03 Gas IReplace Cost 1683573

Heating Tvpe 04 Forced Air-Due AYB 1963

C Type 01 ~onl iEYB 1986 226 ~---~ Oep Code

9

226 Bldg Ue 3381 OTH VITR SS V1DL-96 Remodel Rating I Total Rool11 Year Remodeled i

ITotal Bednm 00 Dep X 48

Total Baths 2 451Functional Obslnc 5 IExternal Obsinc 10

29 49 6 58 Ikost Trend Factor I 6 30 aM ~ IStatus

HeatiAC 01 HEATAC PKGS j Complete Fral11e Type 03 MASONRY IOverall Cond 37 RathPlumbing 02 AVERAGE Apprais Val 622900 CeillngWall 03 SlS-CEILlVIN WL IOep Ovr o Roollllrtn 02 AVERAGE IOep Ovr Comment

iMisc Imp Ovr oWall Height 14 Mise Imp OvrComment

(~) (011111 Wall 0 iCost to Cure Ovr o Cost to Cure Ovr Comment

OB-OUTBllILDING amp YARD lTEMS(L) 1XF-BllILDING EXTRA FEATURES(B) I Code Descnplion Sub Sub Oescnpt IL7BU_~Unit Price 1yOde D-Rt shyPAVI il989IVING-ASPI L 170001225 0 Fi3 1ECE-6 (IlL i780 1500 11975

1

0 SPRI SIRIihLERS B 3128275 1986 2 AC IR CODITI B J557350 11986 2

No Photo On Record I

1 ~ BUILDING SUB-AREA SUMMARY SECTION

(ode DeWljJtiol1 _______Jb1Jlng Area i Gross Area Err Area I Unit Cost IUndeprec Value BAS First Floor 21726 21726 21726 4861 1056079 CA CanollY o 36 7 945 340 SDA Store Display Area 9557 9557 12902~ 6562 6271531

I

i I

~ ~~ i

I--~-~~ ~-----~~--~- ------------ ~~~ ~ -Ttl Gross LivLease Area 31283 31319 34635 1683573 ____

BK 9738 PG 214 061110 1144 DOC 13023

DEED Bristol Co SD

JOSEPH G BUTLER CHAPTER 11 TRUSTEE OF THE ESTATE OF GIFFORD MARINE CO INC clo Barron amp Stadfeld PC 100 Cambridge Street Suite 1310 Boston Massachusetts 02114 under authority of an order of the United States Bankruptcy Court for the District of Massachusetts entered on March 31 2010 in the case of In re Gifford Marine Co Inc case number 09-17833-JNF for consideration paid and in full consideration of One Million Six Hundred Thousand and 00100 Dollars ($160000000) grants to Spindle City Realty LLC of 79 North Main Street Fall River Massachusetts all of Gifford Marine Co Incs and the Chapter 11 estates right title and interest in and to the land and all improvements thereon located in South Dartmouth Bristol County Massachusetts (the Property) more particularly described on Exhibit A attached hereto and made a part hereof

The Property is conveyed subject to and with the benefit of all easements restrictions covenants and other instruments of record to the extent the same are applicable and in force and effect

Being the same premises conveyed to Gifford Marine Co Inc by Deed dated April 15 2009 and recorded with the Bristol County (South District)Registry of Deeds in Book 9333 Page 88

Witness my hand and seal this 9th day of June 2010

_-3I---~___==~____ Jose h utler chapter II trustee of the estate of Gifford Marine Co Inc and not individually

COMMONWEALTH OF MASSACHUSETTS Suffolk SS June 92010

Then personally appeared the above named Joseph G Butler as chapter 11 trustee of the estate of Gifford Marine Co Inc and proved to me through satisfactory evidence of identification which was [ ] a Massachusetts drivers license [x] personal knowledge [] other to be the persons whose name is signed on the preceding or attached document and acknowledged to me that he signed it voluntarily for its stated purpose and acknowledged the foregoing instrument to be his free act and deed bifW

A cfd13

e me ~ REG OF DEEDS

~~EG ~07- LshyBRTSTDL S

laquo-P Notary Public My Com ission Expires Io-ltJ 11 06111G ~1 ~45it

aOQODlJ ilfG

PROPERTY ADDRESS 676 Dartmouth Street DartmouthMA

BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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Property Location674 DARTMOUTH ST MAP 10 1332411 II I Bldg Name Statr lie J~I

Vision ID 103285 Account Bldg I of I Sec I of Card of Prill t Da Ir OX2J20 I 0 15-10

CONSikiJCTON DETATC-------CONSTRUCTON DETAILItfltJlJJRL Cd (II -)esCrJI()17 [emen Cd Ch Descrilti()n

~------- BASSlyie 17 Storl 1olkl 96 Commercial Grade 05 Average +20 Stories

------~ -----_ _----_-------OccLipallcv MIXED USE Flerior WlIl 11 Clapboard Code jDescription Percenlae

bttrim Wall ~ 3251 SMRETSVC MDL-96 100

RoolSllllCILIIC 0 I Flat Rool-( (lie 04 Tar amp Cravel Interlol all I 05 Dr~waIlShlN

Interr all 2 COSTMARKET VALUA TON Illtcrlol Illlm I 14 (a rpN Adl Base Rate 9521

13~Se~tl()n RCN 1062979InlerioI 1loor2 Net Other Adj 000

lleatlllg ILiel OJ Cas iReplace Costshy 1062979lcallllg rvpc 04 Forced Air-Due AYB 2002 ~C Tvpe OJ Central EYB 2006

IDep Code Illclg Usc J251 SMRETSVC MDL-96 iRemodel Ratl1g lotal Rool11s iYear Remodeled CA~ lotal Bedrl11s 8ep 7

FunctIOnal Obslnc ExtemalObslnc 37 ~O

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Total Baths

82 ~StatusIlcatiAC 01 HEATAC PKGS 370IY CO11plete 7lral11e Type 03 1ASOlRY Overall Y Cond 92 f3aths i PILlIl1blllg 02 AERA(E middotApprals Val 977900 (etllllg Wall 05 SIS-CEIL amp WI [)ep 1 Ovr o 1~Il0I11S Irlils 02 AVERAGE Dcp Ovr Commenl

M Ie l11p Ovr oWall Height 20 MIse Imp Ovr Coml11ent

(j() (011111 Vyall 0 COSl to Cure Ovr o Cost to Cure Ovr Comment

OB-OlJTBUILDINC-ampYARD lTEMS(L) I XF-BUlLDlNG EXTRA FEATURES(B) i COlk 1)esenPllon Sllh_SLlhJ)e~rlJ)t_iLlB ~Jnlt~Unit Price lyLGdejbpRtCnd r-ndHpr Vale~ PAVI P(G-ASPIL ~200I225 0 0 _ - - shySPRI SIIHhLERS B 111071275 t006 2 100 DIWI DImE-II 1 B il 1000000 12006 2 1100

I No Photo On Record I

~ BUILDING SUB-AREA SUMMARY SECTON __I

( ode _jJ~CrljJll(l1_ LlvlI1g Area uross Area rpound - Area Jl1 il Cost IUndeprec Ialue BAS First Floor 11070 11070 11070 9521 10540291 CA Canopy o 469 94 1908 89501

Ttl Gross LivlLease Area 11070 115391 11164 1062979

-------

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Property Location676 DARTMOUTH ST MAP 10 133241111 Bldg Name State ( lJSO

Vision ID 8197 Account Bldg I of I Sec I of Card of Print Dall IlS2J2010 1539

CUBJENT QWNER I ~_ TOPQ I I UTILIrIES J~-JTRTlROADJl LQCAI11lN _ __C __ n_~ ___~CURRpound1Y11SSESSMpoundNT (UFOIHl IHIE co INC I Level 11 v1I Publici Paved ~ Bus District DescriptIOn C()d~ AjJjJrlld f It Ilt 1s(1 li r ~tit

y HXK FIVE -04(OMMlmc 33110 667100 M7IIHI 79 1A1 IT ATT H COLLIS -COgtl LA Igt 3380 XX 1200 -IS 1200 IJ 10 ()( rl ltlIA

--------~ CO~II1ERC 33XO X470() 1l-l700 fALL RIVEH 1 02720 SUPPLEMENTAL DATA lodditionalOWlllr

VISION iGIS fD 013302410000 ASSOC PlD Total 1633000

RECORD OF OWNERsectiil_n_JLJK~VOJeAGEJSAIE DATE ]92U]vgJsALlf piiiClfTvmiddotc1 PREVIOUS ASSESSMENTS SPI)E (J n LIC 9738214 0ltgt111120101 l I IMIOOOO II [JriCudel_Assessed Va(lI~ iXrS21I Asesser (IFFOIW IUW co 1( i 933388 041520091 l bull I 100 IB 12010 13250 906900~009 3250 (IFFOIW PAl L H 0185611157 021819831 I 0i 2010 13250 i 362700~009 3250 )middotUOOOml 1~n ~I OSOO

[20 I 0 13250 bull 48400b009 3250 middot111middot1(10 20tl~ 120 -4 1lmiddot100 1 201013380 i 760300~009 3380 760 002011)) nmiddot1O 7((1300 I [201013380 897100Eo09 3380 6()1)020IlS JXII UIl6~0I1 I 1 ~~I_H _11~ _______~_~HOp-llLOl __11lLL___ (1 _ 11111 1001gt

mT~L I m~~_m Total 3060IOO~J(t(J 111 1900 TOlli 246001

EXEMPTIONS OTHER ASSESSMENTS Thi~ ~igllatllre ackllowledges it Imiddotilir by il Dar (OcllOr III middotLlSClSO ~ 1 ~~ ~

~ bullbullm + Amountmm~()de Vescnption m j

44100

I i

XF (8) Value

08 (L) Value Land Value

APPRAISED 11U i HHIR rI

Value (Card) (122)(10

NEIGHBORHOOD --------~------

~ ~ iNBIIU NAME STREET INDEX NAMt TRACINGI 114700

111lL21111

NOTES II (IFFOIW 1ARIE

Total Appraised Parcel Value 16000B1W1LEV JEWEIERS Valuation Method

TRE~Z SAU) fVII- SPLIT OFF RITE AIIl

Fl(=IWn Btl)( RA VIIS COHRECTED LOT SIZE FROM 524 TO 619 A( Adjustment o

DOW BELOW GIV)E FOR -VIO SEE DEED OF 409

409-I~El)(EI) ASKIiG FROM UM TO 2811 Net Total Appraised Parcel Value 16]]000

BUILDING PERMIT RECORD VISITI CHANGE flfSTOR r gtllon(~~~fiii~ AI~~~~~~ion

411806 05132007 IV I~o Va ue 05-4171lS 062l2006 AI IAltera ion 05--4J 1711 02172006 IV INo Va 05-J99~7 06272005 AL IAltera 02-13114 04222002 ~V 1]0 Value 02-21980 021512002 NC liew Construct

Cooe DeSCription D Frontage i Depth 3181 O1H M1R SS MDL-96 GB 1 3380 OTH HR IS MDI-OO GB 1 3380 OTH HR SS mI-Oil GB I

_ Total Card Land Ilnits

Amounl InsjJ)ale Coml Dale Comj) ~-ommenlS Dale r--=ll-I~Je--~-~T If) Cd -is5001 0 06022010 - - PB 50 Building j)(rmi(AGE TO I 6212010 ~-

5000 0 OVE OLII 511412007 PB 50 Building Penni 400001 0 05142007 VSTEM 4202006 PB 50 Huihlillg PHmil

1000 0 05012006 R(3106-1 611612005 IB 0 04202006 AIR DRI 6282002 PH 00 l~~rdjted

15000 ~EVEN SIGNS 1

6800001 NEW RETAIL STR(Cl I

Umt Acre Price L Dsc C SpecIIl2 dl [I [ llhl aluc

355 10000 III 3093011435601 SF AC I 5460000 10000 0lt)200110 -1lt)-17110160 AC 15500001 10000 11IlO(UlO 7721Hl249

I I __--_~_~__ L -L

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Property Location676 DARTMOUTH ST MAP ID 1332411 1 1 Bldg Name State 1st 31S0

Vision ID 8197 Account Bldg 1 of 1 Sec 1 of Card of Print Date OS23120 I 0 1539 _- -------______ __ ____ __-shy~___ CONS[gUrTlON DETAIL CONSTRUCTION DETAIL (CONTINUED)

poundIemenl Cd (17 [)escnplo1J Element CdCh DescrpllOn _ __ ______ -1-_____ -- L ________________ _

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Inter Wall I 05 DrywallSheet

fxterior Wall 20 BrickMason ry 3381 OTH MTR SS MDL-96

5 95 Interior Wall 2 04 Plywood Panel COSTMARKET VALUATION Interior 11001 I 14 Carpet IAdj ~ Base Rate 4861

section RCN 1683573Intel ior 1luor 2 INet Other Adj 000

Ikating Fuel 03 Gas IReplace Cost 1683573

Heating Tvpe 04 Forced Air-Due AYB 1963

C Type 01 ~onl iEYB 1986 226 ~---~ Oep Code

9

226 Bldg Ue 3381 OTH VITR SS V1DL-96 Remodel Rating I Total Rool11 Year Remodeled i

ITotal Bednm 00 Dep X 48

Total Baths 2 451Functional Obslnc 5 IExternal Obsinc 10

29 49 6 58 Ikost Trend Factor I 6 30 aM ~ IStatus

HeatiAC 01 HEATAC PKGS j Complete Fral11e Type 03 MASONRY IOverall Cond 37 RathPlumbing 02 AVERAGE Apprais Val 622900 CeillngWall 03 SlS-CEILlVIN WL IOep Ovr o Roollllrtn 02 AVERAGE IOep Ovr Comment

iMisc Imp Ovr oWall Height 14 Mise Imp OvrComment

(~) (011111 Wall 0 iCost to Cure Ovr o Cost to Cure Ovr Comment

OB-OUTBllILDING amp YARD lTEMS(L) 1XF-BllILDING EXTRA FEATURES(B) I Code Descnplion Sub Sub Oescnpt IL7BU_~Unit Price 1yOde D-Rt shyPAVI il989IVING-ASPI L 170001225 0 Fi3 1ECE-6 (IlL i780 1500 11975

1

0 SPRI SIRIihLERS B 3128275 1986 2 AC IR CODITI B J557350 11986 2

No Photo On Record I

1 ~ BUILDING SUB-AREA SUMMARY SECTION

(ode DeWljJtiol1 _______Jb1Jlng Area i Gross Area Err Area I Unit Cost IUndeprec Value BAS First Floor 21726 21726 21726 4861 1056079 CA CanollY o 36 7 945 340 SDA Store Display Area 9557 9557 12902~ 6562 6271531

I

i I

~ ~~ i

I--~-~~ ~-----~~--~- ------------ ~~~ ~ -Ttl Gross LivLease Area 31283 31319 34635 1683573 ____

BK 9738 PG 214 061110 1144 DOC 13023

DEED Bristol Co SD

JOSEPH G BUTLER CHAPTER 11 TRUSTEE OF THE ESTATE OF GIFFORD MARINE CO INC clo Barron amp Stadfeld PC 100 Cambridge Street Suite 1310 Boston Massachusetts 02114 under authority of an order of the United States Bankruptcy Court for the District of Massachusetts entered on March 31 2010 in the case of In re Gifford Marine Co Inc case number 09-17833-JNF for consideration paid and in full consideration of One Million Six Hundred Thousand and 00100 Dollars ($160000000) grants to Spindle City Realty LLC of 79 North Main Street Fall River Massachusetts all of Gifford Marine Co Incs and the Chapter 11 estates right title and interest in and to the land and all improvements thereon located in South Dartmouth Bristol County Massachusetts (the Property) more particularly described on Exhibit A attached hereto and made a part hereof

The Property is conveyed subject to and with the benefit of all easements restrictions covenants and other instruments of record to the extent the same are applicable and in force and effect

Being the same premises conveyed to Gifford Marine Co Inc by Deed dated April 15 2009 and recorded with the Bristol County (South District)Registry of Deeds in Book 9333 Page 88

Witness my hand and seal this 9th day of June 2010

_-3I---~___==~____ Jose h utler chapter II trustee of the estate of Gifford Marine Co Inc and not individually

COMMONWEALTH OF MASSACHUSETTS Suffolk SS June 92010

Then personally appeared the above named Joseph G Butler as chapter 11 trustee of the estate of Gifford Marine Co Inc and proved to me through satisfactory evidence of identification which was [ ] a Massachusetts drivers license [x] personal knowledge [] other to be the persons whose name is signed on the preceding or attached document and acknowledged to me that he signed it voluntarily for its stated purpose and acknowledged the foregoing instrument to be his free act and deed bifW

A cfd13

e me ~ REG OF DEEDS

~~EG ~07- LshyBRTSTDL S

laquo-P Notary Public My Com ission Expires Io-ltJ 11 06111G ~1 ~45it

aOQODlJ ilfG

PROPERTY ADDRESS 676 Dartmouth Street DartmouthMA

BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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Property Location676 DARTMOUTH ST MAP 10 133241111 Bldg Name State ( lJSO

Vision ID 8197 Account Bldg I of I Sec I of Card of Print Dall IlS2J2010 1539

CUBJENT QWNER I ~_ TOPQ I I UTILIrIES J~-JTRTlROADJl LQCAI11lN _ __C __ n_~ ___~CURRpound1Y11SSESSMpoundNT (UFOIHl IHIE co INC I Level 11 v1I Publici Paved ~ Bus District DescriptIOn C()d~ AjJjJrlld f It Ilt 1s(1 li r ~tit

y HXK FIVE -04(OMMlmc 33110 667100 M7IIHI 79 1A1 IT ATT H COLLIS -COgtl LA Igt 3380 XX 1200 -IS 1200 IJ 10 ()( rl ltlIA

--------~ CO~II1ERC 33XO X470() 1l-l700 fALL RIVEH 1 02720 SUPPLEMENTAL DATA lodditionalOWlllr

VISION iGIS fD 013302410000 ASSOC PlD Total 1633000

RECORD OF OWNERsectiil_n_JLJK~VOJeAGEJSAIE DATE ]92U]vgJsALlf piiiClfTvmiddotc1 PREVIOUS ASSESSMENTS SPI)E (J n LIC 9738214 0ltgt111120101 l I IMIOOOO II [JriCudel_Assessed Va(lI~ iXrS21I Asesser (IFFOIW IUW co 1( i 933388 041520091 l bull I 100 IB 12010 13250 906900~009 3250 (IFFOIW PAl L H 0185611157 021819831 I 0i 2010 13250 i 362700~009 3250 )middotUOOOml 1~n ~I OSOO

[20 I 0 13250 bull 48400b009 3250 middot111middot1(10 20tl~ 120 -4 1lmiddot100 1 201013380 i 760300~009 3380 760 002011)) nmiddot1O 7((1300 I [201013380 897100Eo09 3380 6()1)020IlS JXII UIl6~0I1 I 1 ~~I_H _11~ _______~_~HOp-llLOl __11lLL___ (1 _ 11111 1001gt

mT~L I m~~_m Total 3060IOO~J(t(J 111 1900 TOlli 246001

EXEMPTIONS OTHER ASSESSMENTS Thi~ ~igllatllre ackllowledges it Imiddotilir by il Dar (OcllOr III middotLlSClSO ~ 1 ~~ ~

~ bullbullm + Amountmm~()de Vescnption m j

44100

I i

XF (8) Value

08 (L) Value Land Value

APPRAISED 11U i HHIR rI

Value (Card) (122)(10

NEIGHBORHOOD --------~------

~ ~ iNBIIU NAME STREET INDEX NAMt TRACINGI 114700

111lL21111

NOTES II (IFFOIW 1ARIE

Total Appraised Parcel Value 16000B1W1LEV JEWEIERS Valuation Method

TRE~Z SAU) fVII- SPLIT OFF RITE AIIl

Fl(=IWn Btl)( RA VIIS COHRECTED LOT SIZE FROM 524 TO 619 A( Adjustment o

DOW BELOW GIV)E FOR -VIO SEE DEED OF 409

409-I~El)(EI) ASKIiG FROM UM TO 2811 Net Total Appraised Parcel Value 16]]000

BUILDING PERMIT RECORD VISITI CHANGE flfSTOR r gtllon(~~~fiii~ AI~~~~~~ion

411806 05132007 IV I~o Va ue 05-4171lS 062l2006 AI IAltera ion 05--4J 1711 02172006 IV INo Va 05-J99~7 06272005 AL IAltera 02-13114 04222002 ~V 1]0 Value 02-21980 021512002 NC liew Construct

Cooe DeSCription D Frontage i Depth 3181 O1H M1R SS MDL-96 GB 1 3380 OTH HR IS MDI-OO GB 1 3380 OTH HR SS mI-Oil GB I

_ Total Card Land Ilnits

Amounl InsjJ)ale Coml Dale Comj) ~-ommenlS Dale r--=ll-I~Je--~-~T If) Cd -is5001 0 06022010 - - PB 50 Building j)(rmi(AGE TO I 6212010 ~-

5000 0 OVE OLII 511412007 PB 50 Building Penni 400001 0 05142007 VSTEM 4202006 PB 50 Huihlillg PHmil

1000 0 05012006 R(3106-1 611612005 IB 0 04202006 AIR DRI 6282002 PH 00 l~~rdjted

15000 ~EVEN SIGNS 1

6800001 NEW RETAIL STR(Cl I

Umt Acre Price L Dsc C SpecIIl2 dl [I [ llhl aluc

355 10000 III 3093011435601 SF AC I 5460000 10000 0lt)200110 -1lt)-17110160 AC 15500001 10000 11IlO(UlO 7721Hl249

I I __--_~_~__ L -L

509 AC Parcel Totalland Areai509 AC TOUII LillO IItIl ~812()(I

Property Location676 DARTMOUTH ST MAP ID 1332411 1 1 Bldg Name State 1st 31S0

Vision ID 8197 Account Bldg 1 of 1 Sec 1 of Card of Print Date OS23120 I 0 1539 _- -------______ __ ____ __-shy~___ CONS[gUrTlON DETAIL CONSTRUCTION DETAIL (CONTINUED)

poundIemenl Cd (17 [)escnplo1J Element CdCh DescrpllOn _ __ ______ -1-_____ -- L ________________ _

- Style 25 Senice Shop

Model 96 ( ommercial BAS I16 W1~125 1

35

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~~-~-~I

Oeeupanc 3 MIXED USE Lxtennr Wall 15 ConerCinder Code iDescriDtiolJ Percentaze

100

Roof Strueture 01 Flat Roof (()er 04 Tar amp Gravel

Inter Wall I 05 DrywallSheet

fxterior Wall 20 BrickMason ry 3381 OTH MTR SS MDL-96

5 95 Interior Wall 2 04 Plywood Panel COSTMARKET VALUATION Interior 11001 I 14 Carpet IAdj ~ Base Rate 4861

section RCN 1683573Intel ior 1luor 2 INet Other Adj 000

Ikating Fuel 03 Gas IReplace Cost 1683573

Heating Tvpe 04 Forced Air-Due AYB 1963

C Type 01 ~onl iEYB 1986 226 ~---~ Oep Code

9

226 Bldg Ue 3381 OTH VITR SS V1DL-96 Remodel Rating I Total Rool11 Year Remodeled i

ITotal Bednm 00 Dep X 48

Total Baths 2 451Functional Obslnc 5 IExternal Obsinc 10

29 49 6 58 Ikost Trend Factor I 6 30 aM ~ IStatus

HeatiAC 01 HEATAC PKGS j Complete Fral11e Type 03 MASONRY IOverall Cond 37 RathPlumbing 02 AVERAGE Apprais Val 622900 CeillngWall 03 SlS-CEILlVIN WL IOep Ovr o Roollllrtn 02 AVERAGE IOep Ovr Comment

iMisc Imp Ovr oWall Height 14 Mise Imp OvrComment

(~) (011111 Wall 0 iCost to Cure Ovr o Cost to Cure Ovr Comment

OB-OUTBllILDING amp YARD lTEMS(L) 1XF-BllILDING EXTRA FEATURES(B) I Code Descnplion Sub Sub Oescnpt IL7BU_~Unit Price 1yOde D-Rt shyPAVI il989IVING-ASPI L 170001225 0 Fi3 1ECE-6 (IlL i780 1500 11975

1

0 SPRI SIRIihLERS B 3128275 1986 2 AC IR CODITI B J557350 11986 2

No Photo On Record I

1 ~ BUILDING SUB-AREA SUMMARY SECTION

(ode DeWljJtiol1 _______Jb1Jlng Area i Gross Area Err Area I Unit Cost IUndeprec Value BAS First Floor 21726 21726 21726 4861 1056079 CA CanollY o 36 7 945 340 SDA Store Display Area 9557 9557 12902~ 6562 6271531

I

i I

~ ~~ i

I--~-~~ ~-----~~--~- ------------ ~~~ ~ -Ttl Gross LivLease Area 31283 31319 34635 1683573 ____

BK 9738 PG 214 061110 1144 DOC 13023

DEED Bristol Co SD

JOSEPH G BUTLER CHAPTER 11 TRUSTEE OF THE ESTATE OF GIFFORD MARINE CO INC clo Barron amp Stadfeld PC 100 Cambridge Street Suite 1310 Boston Massachusetts 02114 under authority of an order of the United States Bankruptcy Court for the District of Massachusetts entered on March 31 2010 in the case of In re Gifford Marine Co Inc case number 09-17833-JNF for consideration paid and in full consideration of One Million Six Hundred Thousand and 00100 Dollars ($160000000) grants to Spindle City Realty LLC of 79 North Main Street Fall River Massachusetts all of Gifford Marine Co Incs and the Chapter 11 estates right title and interest in and to the land and all improvements thereon located in South Dartmouth Bristol County Massachusetts (the Property) more particularly described on Exhibit A attached hereto and made a part hereof

The Property is conveyed subject to and with the benefit of all easements restrictions covenants and other instruments of record to the extent the same are applicable and in force and effect

Being the same premises conveyed to Gifford Marine Co Inc by Deed dated April 15 2009 and recorded with the Bristol County (South District)Registry of Deeds in Book 9333 Page 88

Witness my hand and seal this 9th day of June 2010

_-3I---~___==~____ Jose h utler chapter II trustee of the estate of Gifford Marine Co Inc and not individually

COMMONWEALTH OF MASSACHUSETTS Suffolk SS June 92010

Then personally appeared the above named Joseph G Butler as chapter 11 trustee of the estate of Gifford Marine Co Inc and proved to me through satisfactory evidence of identification which was [ ] a Massachusetts drivers license [x] personal knowledge [] other to be the persons whose name is signed on the preceding or attached document and acknowledged to me that he signed it voluntarily for its stated purpose and acknowledged the foregoing instrument to be his free act and deed bifW

A cfd13

e me ~ REG OF DEEDS

~~EG ~07- LshyBRTSTDL S

laquo-P Notary Public My Com ission Expires Io-ltJ 11 06111G ~1 ~45it

aOQODlJ ilfG

PROPERTY ADDRESS 676 Dartmouth Street DartmouthMA

BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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Property Location676 DARTMOUTH ST MAP ID 1332411 1 1 Bldg Name State 1st 31S0

Vision ID 8197 Account Bldg 1 of 1 Sec 1 of Card of Print Date OS23120 I 0 1539 _- -------______ __ ____ __-shy~___ CONS[gUrTlON DETAIL CONSTRUCTION DETAIL (CONTINUED)

poundIemenl Cd (17 [)escnplo1J Element CdCh DescrpllOn _ __ ______ -1-_____ -- L ________________ _

- Style 25 Senice Shop

Model 96 ( ommercial BAS I16 W1~125 1

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Oeeupanc 3 MIXED USE Lxtennr Wall 15 ConerCinder Code iDescriDtiolJ Percentaze

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Roof Strueture 01 Flat Roof (()er 04 Tar amp Gravel

Inter Wall I 05 DrywallSheet

fxterior Wall 20 BrickMason ry 3381 OTH MTR SS MDL-96

5 95 Interior Wall 2 04 Plywood Panel COSTMARKET VALUATION Interior 11001 I 14 Carpet IAdj ~ Base Rate 4861

section RCN 1683573Intel ior 1luor 2 INet Other Adj 000

Ikating Fuel 03 Gas IReplace Cost 1683573

Heating Tvpe 04 Forced Air-Due AYB 1963

C Type 01 ~onl iEYB 1986 226 ~---~ Oep Code

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226 Bldg Ue 3381 OTH VITR SS V1DL-96 Remodel Rating I Total Rool11 Year Remodeled i

ITotal Bednm 00 Dep X 48

Total Baths 2 451Functional Obslnc 5 IExternal Obsinc 10

29 49 6 58 Ikost Trend Factor I 6 30 aM ~ IStatus

HeatiAC 01 HEATAC PKGS j Complete Fral11e Type 03 MASONRY IOverall Cond 37 RathPlumbing 02 AVERAGE Apprais Val 622900 CeillngWall 03 SlS-CEILlVIN WL IOep Ovr o Roollllrtn 02 AVERAGE IOep Ovr Comment

iMisc Imp Ovr oWall Height 14 Mise Imp OvrComment

(~) (011111 Wall 0 iCost to Cure Ovr o Cost to Cure Ovr Comment

OB-OUTBllILDING amp YARD lTEMS(L) 1XF-BllILDING EXTRA FEATURES(B) I Code Descnplion Sub Sub Oescnpt IL7BU_~Unit Price 1yOde D-Rt shyPAVI il989IVING-ASPI L 170001225 0 Fi3 1ECE-6 (IlL i780 1500 11975

1

0 SPRI SIRIihLERS B 3128275 1986 2 AC IR CODITI B J557350 11986 2

No Photo On Record I

1 ~ BUILDING SUB-AREA SUMMARY SECTION

(ode DeWljJtiol1 _______Jb1Jlng Area i Gross Area Err Area I Unit Cost IUndeprec Value BAS First Floor 21726 21726 21726 4861 1056079 CA CanollY o 36 7 945 340 SDA Store Display Area 9557 9557 12902~ 6562 6271531

I

i I

~ ~~ i

I--~-~~ ~-----~~--~- ------------ ~~~ ~ -Ttl Gross LivLease Area 31283 31319 34635 1683573 ____

BK 9738 PG 214 061110 1144 DOC 13023

DEED Bristol Co SD

JOSEPH G BUTLER CHAPTER 11 TRUSTEE OF THE ESTATE OF GIFFORD MARINE CO INC clo Barron amp Stadfeld PC 100 Cambridge Street Suite 1310 Boston Massachusetts 02114 under authority of an order of the United States Bankruptcy Court for the District of Massachusetts entered on March 31 2010 in the case of In re Gifford Marine Co Inc case number 09-17833-JNF for consideration paid and in full consideration of One Million Six Hundred Thousand and 00100 Dollars ($160000000) grants to Spindle City Realty LLC of 79 North Main Street Fall River Massachusetts all of Gifford Marine Co Incs and the Chapter 11 estates right title and interest in and to the land and all improvements thereon located in South Dartmouth Bristol County Massachusetts (the Property) more particularly described on Exhibit A attached hereto and made a part hereof

The Property is conveyed subject to and with the benefit of all easements restrictions covenants and other instruments of record to the extent the same are applicable and in force and effect

Being the same premises conveyed to Gifford Marine Co Inc by Deed dated April 15 2009 and recorded with the Bristol County (South District)Registry of Deeds in Book 9333 Page 88

Witness my hand and seal this 9th day of June 2010

_-3I---~___==~____ Jose h utler chapter II trustee of the estate of Gifford Marine Co Inc and not individually

COMMONWEALTH OF MASSACHUSETTS Suffolk SS June 92010

Then personally appeared the above named Joseph G Butler as chapter 11 trustee of the estate of Gifford Marine Co Inc and proved to me through satisfactory evidence of identification which was [ ] a Massachusetts drivers license [x] personal knowledge [] other to be the persons whose name is signed on the preceding or attached document and acknowledged to me that he signed it voluntarily for its stated purpose and acknowledged the foregoing instrument to be his free act and deed bifW

A cfd13

e me ~ REG OF DEEDS

~~EG ~07- LshyBRTSTDL S

laquo-P Notary Public My Com ission Expires Io-ltJ 11 06111G ~1 ~45it

aOQODlJ ilfG

PROPERTY ADDRESS 676 Dartmouth Street DartmouthMA

BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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YENOM INC PLAN OF LAND IN DARTMOUTH MA

5 CAL E I tHo eo F r

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BK 9738 PG 214 061110 1144 DOC 13023

DEED Bristol Co SD

JOSEPH G BUTLER CHAPTER 11 TRUSTEE OF THE ESTATE OF GIFFORD MARINE CO INC clo Barron amp Stadfeld PC 100 Cambridge Street Suite 1310 Boston Massachusetts 02114 under authority of an order of the United States Bankruptcy Court for the District of Massachusetts entered on March 31 2010 in the case of In re Gifford Marine Co Inc case number 09-17833-JNF for consideration paid and in full consideration of One Million Six Hundred Thousand and 00100 Dollars ($160000000) grants to Spindle City Realty LLC of 79 North Main Street Fall River Massachusetts all of Gifford Marine Co Incs and the Chapter 11 estates right title and interest in and to the land and all improvements thereon located in South Dartmouth Bristol County Massachusetts (the Property) more particularly described on Exhibit A attached hereto and made a part hereof

The Property is conveyed subject to and with the benefit of all easements restrictions covenants and other instruments of record to the extent the same are applicable and in force and effect

Being the same premises conveyed to Gifford Marine Co Inc by Deed dated April 15 2009 and recorded with the Bristol County (South District)Registry of Deeds in Book 9333 Page 88

Witness my hand and seal this 9th day of June 2010

_-3I---~___==~____ Jose h utler chapter II trustee of the estate of Gifford Marine Co Inc and not individually

COMMONWEALTH OF MASSACHUSETTS Suffolk SS June 92010

Then personally appeared the above named Joseph G Butler as chapter 11 trustee of the estate of Gifford Marine Co Inc and proved to me through satisfactory evidence of identification which was [ ] a Massachusetts drivers license [x] personal knowledge [] other to be the persons whose name is signed on the preceding or attached document and acknowledged to me that he signed it voluntarily for its stated purpose and acknowledged the foregoing instrument to be his free act and deed bifW

A cfd13

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laquo-P Notary Public My Com ission Expires Io-ltJ 11 06111G ~1 ~45it

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PROPERTY ADDRESS 676 Dartmouth Street DartmouthMA

BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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BK 9738 PG 215 EXHIBIT A

The Land in Dartmouth Bristol County Massachusetts together with the buildings thereon bounded and described as follows

PARCEL ONE

BEGfNNfNG at the southwest corner of the land herein described at a point fonned by the intersection of the easterly line of Dartmouth Street with the Northerly line of Edgeworth Street as shown on a plan of land hereinafter mentioned

Thence NORTHERLY in the said line of Dartmouth Street three hundred thirty-eight and 12100 (33812) feet to Parcel e as shown on said plan

Thence EASTERLY in line of last-named parcel four hundred forty-four and 86100 (44486) feet to land of the Town of Dartmouth

Thence SOUTHEASTERLY in line of last-named land sixty and 46100 (6046) feet to Parcel Two hereinafter described

Thence SOUTHERLY in line oflast-named parcel three hundred thirteen and 33100 (31333) feet to the said northerly line of Edgeworth Street and

Thence WESTERLY in line of said Edgeworth Street five hundred (500) feet to the said easterly line of Dartmouth Street and the point of beginning

CONTAINfNG 38653 acres more or less

BEING shown as Lot B on a plan of land entitled Yenom tnc Plan of Land in Dartmouth Mass dated March 30 1961 and filed in the Bristol County SD Registry of Deeds in Plan Book 60 Page 27

SUUBJECT to restrictions of record insofar as the same are now in force and applicable

PARCEL TWO

BEGINNING at the southwest corner of the land herein described at a point in the northerly line of Edgeworth Street distant easterly therein five hundred (500) feet from the intersection with the easterly line of Dartmouth Street

Thence NORTH 20deg 40 44 EAST by Parcel One hereinabove described a distance of three hundred thirteen and 33100 (31333) feet to land now or fonnerly of the Town of Dartmouth

Thence SOUTH 45 DEGREE 06 50 EAST in the line oflast-named land three hundred two and 92100 (30292 feet to a drill hole

Thence SOUTH 1 Degree 36 00 WEST still in line of last-named land two hundred fifty shytwo and 57100 (25257) feet to land now or fonnerly of Yen om Inc

BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

Thence WESTERLY still in the said line of Edgeworth Street eight (8) feet to the point of beginning

CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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BK 9738 PG 216 Thence SOUTH 44 DEGREES 30 43 WEST in line of lastmiddotnamed land one hundred (100) feet to the said line of Edgeworth Street

Thence NORTH 44 DEGREES 53 08 WEST in line of said Edgeworth Street three hundred forty and 98100 (34098) feet more or less to a point and

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CONTAINING two (2) acres and fifty and 68100 (5068) square rods more or less

BEING shown as Lot B on a plan ofland entitled Plan of Land in Dartmouth Mass Belonging to Yenom Inc dated September 13 1966 and filed in said Registry of Deeds in Plan Book 78 Page 33

SUBJECT to restrictions of record insofar as the same are now in force and applicable

FOR TITLE TO PARCEL ONE AND PARCEL TWO see deed from Paul R Gifford dated April J5 2009 and recorded in Bristol County (SD) Registry of Deeds in Book 1856 Page 1157

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13 13 131313

13

B K 13 B 13

11-17

13 K 13B= 13131313

0 C 13 13

A C 13 amp ltampgt lt 0gt BltampL(gt 13 131313 13 ( 1313 13

13 0 13 13 13 6 13 013133130 13 ( 0 13

11-14

1$ 13 $6

1313135

111313131313

1313lt35Dgt91313

13131313 1313131313K1313131313

13 13 13

lt13gt1313lt5Dgt1313 131313lt35DgtA131313139131313131313131313131313131313lt35Dgt13131313 13lt35Dgt

13

13lt5Dgt1313lt1313gt1313131313 1313 131313lt35Dgt1313 13lt35Dgt

15amp13 35 1313 C

13 13 13 13 lt6 Agt

16 1313

13136513amp

11-15

174 6

131

1313 13 lt 6 Agt

12 13 13

1 13

13 6131

13 lt6 Agt

1$ 13 13

13 1313

13

13 1313 13 A1313 A 131313

11 1313 13

13 13

15 13 13

(131313651313=131313

5C)

513

I I I I 13 13

5$313 3

11-16

13A13

5313131313

131313

51131313

13 13 13

55413lt35gt1313

13lt5gt

56C 13 $

A13 1357 13 lt3$gtA

1313513

13

60(

13131301313

13-613136$ 13

13 1313A1

63 0

$ 55 13

61 13-

B

13 13 131313

13

B K 13 B 13

11-17

13 K 13B= 13131313

0 C 13 13

A C 13 amp ltampgt lt 0gt BltampL(gt 13 131313 13 ( 1313 13

13 0 13 13 13 6 13 013133130 13 ( 0 13

11-15

174 6

131

1313 13 lt 6 Agt

12 13 13

1 13

13 6131

13 lt6 Agt

1$ 13 13

13 1313

13

13 1313 13 A1313 A 131313

11 1313 13

13 13

15 13 13

(131313651313=131313

5C)

513

I I I I 13 13

5$313 3

11-16

13A13

5313131313

131313

51131313

13 13 13

55413lt35gt1313

13lt5gt

56C 13 $

A13 1357 13 lt3$gtA

1313513

13

60(

13131301313

13-613136$ 13

13 1313A1

63 0

$ 55 13

61 13-

B

13 13 131313

13

B K 13 B 13

11-17

13 K 13B= 13131313

0 C 13 13

A C 13 amp ltampgt lt 0gt BltampL(gt 13 131313 13 ( 1313 13

13 0 13 13 13 6 13 013133130 13 ( 0 13

11-16

13A13

5313131313

131313

51131313

13 13 13

55413lt35gt1313

13lt5gt

56C 13 $

A13 1357 13 lt3$gtA

1313513

13

60(

13131301313

13-613136$ 13

13 1313A1

63 0

$ 55 13

61 13-

B

13 13 131313

13

B K 13 B 13

11-17

13 K 13B= 13131313

0 C 13 13

A C 13 amp ltampgt lt 0gt BltampL(gt 13 131313 13 ( 1313 13

13 0 13 13 13 6 13 013133130 13 ( 0 13

11-17

13 K 13B= 13131313

0 C 13 13

A C 13 amp ltampgt lt 0gt BltampL(gt 13 131313 13 ( 1313 13

13 0 13 13 13 6 13 013133130 13 ( 0 13