FIRST AMENDMENT TO THE BY-LAWS

This first amendment to the By-Laws, dated as of February 10, 1982 (this amendment) by the Trustees of Drummer Farms Condominium Trust (the Trust).

PRELIMINARY STATEMENT

The Trust is the organization of Unit Owners (the unit owners) of Drummer Farms Condominium (the Condominium).  The Trust was established by recording a Declaration of Trust dated July 29, 1974 in the South Middlesex Registry of Deeds in Book 12679 at Page One, William M. Sutcliffe, Jane Longpre, Bernard F. Polselli, David B. Freese and Pauline Ballester are the present Trustees of the Trust.  Pursuant to Article XIII of the By-Laws, the Trustees desire to amend the By-Laws, with the consent of the Unit Owners required to consent thereto.

Based on the foregoing, the By-Laws are hereby amended as follows:

Article III Section Four is hereby amended by deleting it in its entirety and inserting the following in lieu thereof:

Section Four, Insurance

A. (1) The Trustees shall obtain and maintain to the extent available, master policies of casualty and physical damage insurance naming “Drummer Farms Condominium Trust, the Board of Trustees of Drummer Farms Condominium Trust, all Owners of the Individual Units and all Mortgagees of the Owners as their interest may appear” as the Named Insureds and covering the buildings and all other insurable improvements forming part of the Condominium, including the common areas and facilities, all of the Units with all fixtures, additions, alterations and improvements thereof constituting real property (but not including the furniture, furnishings, and other personal property of the Unit Owners therein), together with the service machinery, apparatus, equipment and installations located in the Condominium and existing for the provision of central services for common use, in an amount not less than 100% of their full replacement value, subject to an agreed amount clause, and with a deductible as determined by the Trustees, against (a) loss of damage by fire and other hazards covered by the standard extended coverage endorsement and (b) such other hazards or risk as the Trustees from time to time in their discretion shall determine to be appropriate, including, but not limited to, vandalism, malaicious mischief, windstorm and water damage.

(2)  All policies of casualty or physical damage insurance shall (a) provide that such policies may not be cancelled, terminated or substantially modified without at least 20 day's written notice to the insureds and each unit mortgagee, (b) provide that, notwithstanding any provisions thereof which give the insurer the right to elect to restore damage in lieu of making a cash settlement, such election may not be exercisable without the approval of the Trustees and may not be exercisable in any event if in conflict with the terms of the Trust or these By-Laws, (c) provide waivers of subrogation as to any claims against the Trust, the Trustees, the Manager, Agents, Employees, the Unit Owners and their respective Employees, Agents, and Guests, (d) provide waivers of any defense based upon the conduct of any insured and (e) contain provisions to the effect that the insurer shall not be entitled to contribution on account of casualty insurance which may be purchased by individual Unit Owners as hereinafter permitted.

(3)  The Trustees, as Insurance Trustees under these By-Laws, shall collect all casualty loss insurance proceeds and shall hold, use and disburse the same for the purposes and in the manner set forth in this Section and in Article IX.  If repair and restoration is to be made pursuant to Article IX, all insurance loss proceeds shall be disbursed to defray the cost of repair and restoration of the damaged common areas and facilities and the one or more damaged units.  If there are insurance proceeds in excess of the cost of repairs and restoration, then the excess of such insurance proceeds shall be added to the Condominium's Reserve Fund or the Trustees shall distribute the same to the Unit Owners in proportion to their respective beneficial interest as set forth in the Master Deed, subject to the right of a unit mortgagee to receive the same.

(4)  The Trustees shall reappraise, at least annually, the value of the buildings and all other insurable improvements forming part of the Condominium and, if necessary, shall increase the amount of coverage on the aforementioned master policy accordingly.

B. (1)  The Trustees shall also obtain and maintain master policies of insurance of the following kinds naming “Drummer Farms Condominium Trust, the Board of Trustees, all Owners of the Individual Units and all Mortgagees of the Owners as their interest may appear” as the Named Insureds:  (a) comprehensive public liability insurance in such amounts and forms as shall be determined by the Trustees with not less than a single limit of one million dollars ($1,000,000) for claims for bodily injury or property damage arising out of one occurrence and with cross liability endorsement to cover liability of any insured to other insureds, (b) workmen's compensation and employees liability insurance covering any manager, agent or employee of the Trust but excluding any independent agent or manager, (c) officers and director liability insurance and such other insurance as the Trustees deem appropriate.

(2)  All such policies shall (a) provide that such policy cannot be cancelled, terminated or substantially modified without at least 20 days prior written notice to all of the insureds, (b) provide waivers of subrogation as to any claims against the Trust, the Trustees, the Manager, Agents, Employees, the Unit Owners and their respective Employees, Agents, and Guests, (c) contain provisions to the effect that the insurer shall not be entitled to contribution on account of other insurance which may be purchased by individual Unit Owners as hereinafter permitted.

C.  The cost of such insurance to be obtained and maintained by the Trustees pursuant to this Section Four shall be assessed to the Unit Owners as common expense of the Condominium at such times and in such amount as provided in Article Seven.

D.  The insurance afforded by the Trust's Master Policy shall be primary and not contributing with other insurance.  Each Unit Owner or his mortgagee may obtain additional insurance at his own expense provided that all such insurance shall contain provisions similar to those contained in the Trust's master policy waiving the insurer's right to subrogation and contribution.

This Amendment shall become effective only upon being recorded in the South Middlesex Registry of Deeds.

In Witness Whereof, the Trustees, with the consent of the Unit Owners required to consent hereto, have executed and delivered this Amendment.

Trustees

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William M. Sutcliffe   Jane Longpre

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Bernard F. Polselli   David B. Freese

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Pauline Ballester

COMMONWEALTH OF MASSACHUSETTS

     February 10, 1982

Then personally appeared the above named William M. Sutcliffe, Jane Longspre, Bernard F. Polselli, David B. Freese and Pauline Ballister, acknowledged the foregoing instrument to be their free act and deed, before me.

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My Commission Expires__________________________