3rd: That neither the said party of the second part nor the heirs, successors or assigns of the party of the second part shall or will manufacture or sell or cause or permit to be manufactured or sold or kept for sale on any portion of the premises hereby conveyed any goods or merchandise of any kind and will not carry on or cause or permit to be carried on, any trade or business whatsoever upon any part of said premises.

4th: That neither the said party of the second part nor the heirs, successors or assigns of the party of the second part shall or will construct or permit upon any portion of said premises any tight board or close built fence whatsoever, nor any fence nearer the street line on which said house fronts than the front wall of the house, excepting that a hedge may be placed in front on the building line, provided, however, that no fence or hedge whatsoever shall be permitted of a greater height than two feet.

5th: That neither the said party of the second part nor the heirs, successors or assigns of the party of the second part shall or will erect, suffer or permit, maintain or carry on upon said premises or any part thereof any slaughterhouse, blacksmith shop, forge, foundry or furnace, or any manufactory or factory of any kind or nature whatsoever, or any tannery or other factory for the manufacture, preparation or treatment of skins, hides or leather, or any brewery, malt house or distillery, or any building or other structure for the manufacture of any malt or spirituous or distilled liquors, or to be used for the carrying on of any noxious, dangerous or offensive trade or business, or any hotel or boarding or community house, or any building to be used as a hospital for the care or treatment of any disease either of persons or animals, or any asylum for the care or treatment of the insane, nor shall said premises be used for a cemetery.

6th: And the party of the second part for the party of the second part and the heirs, successors and assigns of the party of the second part further covenants that the property conveyed by this deed shall be subject to an annual charge in such an amount as will be fixed by the party of the first part, its successors and assigns not, however, exceeding in any year the sum of Four ($4.00) Dollars per lot as the said lots are shown on map hereinbefore mentioned. The assigns of the party of the first part may include a Property Owners' Association which may hereafter be organized for the purposes referred to in this paragraph, and in case such association is organized, the sums in this paragraph provided for shall be payable to such association. The party of the second part for the party of the second part and the heirs, successors and assigns of the party of the second part covenants that they will pay this charge to the party of the first part, its successors and assigns on the first day of May in each and every year, and further covenants that said charge shall on said date in each year become a lien on the land and shall continue to be such lien until fully paid. Such charge shall be payable to the party of the first part or its successors or assigns, and shall be devoted to the maintenance of the roads, paths, parks, sewers, and such other public purposes as shall from time to time be determined by the party of the first part, its successors or assigns. And the party of the second part by the acceptance of this deed hereby expressly vests in the party of the first part, its successors and assigns, the right and power to bring all actions against the owner of the premises hereby conveyed or any part thereof for the collection of such charge and to enforce the aforesaid lien therefor.

7th: These covenants shall run with the land and shall be construed as real covenants running with the land until January 31st, 1930, when they shall cease and determine. Except, however, it is mutually understood and agreed that the above covenants and restrictions or any of them may be altered, modified or annulled at any time prior to said January 31st, 1930, by written agreement by and between the seller, its successors or assigns, and the owner for the time being of the premises upon which it is agreed to alter, modify or annul said covenants and restrictions and such agreement shall be effectual to alter, modify or annul such covenants and restrictions as to such premises without the consent of the owner or owners of any adjacent premises. Nothing herein contained shall be construed, nor shall there be any obligation upon the party of the first part, its successors or assigns, to restrict in any manner any other property shown upon said map now or hereafter owned by the party of the first part, its successors or assigns.

8th: In addition to all sums and items hereinbefore agreed to be paid, the purchaser agrees to pay to the seller, its successors and assigns, an annual charge in such an amount as will be fixed by the seller, or its successors or assigns, not however, exceeding in any year the sum of Four Dollars ($4.00) per lot as shown on map hereinbefore mentioned. The assigns of the party of the first part may include a Property Owners' Association, which may have been or may hereafter be organized for the purpose referred to in this paragraph, and in case such association is organized, the sums in this paragraph provided for shall be payable to such association. The purchaser covenants and agrees to pay this charge on the first day of May in each and every year from the date of this contract to the date of the delivery of the deed as hereinabove provided, and such annual charge shall be added to and deemed part of the sums required to be paid by this contract. Such annual charge shall be devoted to the maintenance of the roads, paths, parks, sewers, and such other public purposes as shall from time to time be determined by the seller, its successors or assigns.

9th: IT IS UNDERSTOOD AND AGREED that the purchaser is to enter into and take possession of said premises on or about..........as tenant of the seller, and that all monies paid or to be paid on and after the date of this contract and all improvements made on the premises shall be considered as and shall be rent of said premises, for the use and occupancy thereof until delivery of the deed as above provided; and should any default be made in any of the payments as above provided on any day whereon same is made payable and remain unpaid and in arrears for the space of twenty (20) days, then in that event this agreement shall, at the option of the seller or its legal representatives, become and be void and of no effect, except as to this clause, and the seller shall be entitled to and shall receive full surrender and possession of said premises and the improvements thereon as landlord of the purchaser without further notice; and the purchaser hereby agrees that the seller may begin dispossess proceedings in any court for such possession as against a monthly tenant

SUBJECT, however, to Building Zone restrictions of the City of New York and any modifications thereof.

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The stipulations aforesaid are to apply to and bind the heirs, executors, administrators, successors and assigns of the respective parties.

IN WITNESS WHEREOF the party of the first part has caused these presents to be signed by one of its officers and its corporate seal to be hereunto affixed and the said party of the second part ha......hereunto set..........

hand........and seal........the day and year first above written.

IN PRESENCE OF

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