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HomeMy WebLinkAboutMcBride (2) OFFICE LOCATION: MELISSA A. SPIRO *rsf So Town Hall Annex LAND PRESERVATION COORDINATOR ®� ®� 54375 State Route 25 melissa.spiro@town.southold.ny.us ® (corner of Main Road& Youngs Avenue) Southold, New York Telephone(631)765-5711 �s ��� `a� www.southoldtownny.gov MAILING ADDRESS: �`� c®Um� P.O. Box 1179 Southold, NY 11971-0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD RECEIVE® MAR _. 1 2019 To: Elizabeth A. Neville Southold Town Clerk Town Clerk From: Melanie Doroski Sr. Administrative Assistant Date: February 28, 2019 Re: McBRIDE to TOWN OF SOUTHOLD Development Rights Easement— 23.755 acres SCTM #1000-83.-2-16.2 Premises: 10725 Oregon Road, Cutchogue Betty: Enclosed for safekeeping in your office, please find the following documents: • Certified Copy of Grant of Development Rights Easement dated December 18, 2018 between Richard James McBride & James Michael McBride and the Town of Southold, recorded in the Suffolk County Clerk's office on 1/9/2019, in Liber D00012996 at Page 068 • Title insurance policy#0-8911-000830589 issued by Stewart Title Insurance Company on December 18, 2018, in the insured amount of$1,603,462.50 (title no. 7122641) • Certified Copy of Declaration of Covenants and Restrictions dated December 18, 2018 made by Richard James McBride & James Michael McBride and recorded in the Suffolk County Clerk's office on 1/9/2019, in Liber D00012996 at Page 069 • Closing Statement • Closing Memo Thank you. Melanie encs. cc: Assessors w/ copy of recorded easement & survey ��• o h�: CC# . C19-1559 a COUNTY CLERK'S OFFICE STATE OF NEW YORK COUNTY OF SUFFOLK I, JUDITH A. PASCALE, Clerk of the County of Suffolk and the Court of Record thereof do hereby certify that I have compared the annexed with the original EASEMENT recorded in my office on 01/09/2019 under Liber D00012996 and Page 068 and, that the same is a true copy thereof, and of the whole of such original. In Testimony Whereof, I have hereunto set my hand and affixed the seal of said County and Court this 01/09/2019 SUFFOLK COUNTY CLERK JUDITH A.PASCALE SEAL J IIIVIII IIII VIII VIII VIII VIII VIII VIII VIII IIII IIII 111111 VIII VIII IIII IIII SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: EASEMENT Recorded: 01/09/2019 Number of Pages: 24 At: 04 : 08 :25 PM Receipt Number : 19-0005363 TRANSFER TAX NUMBER: 18-19591 LIBER: D00012996 PAGE : 068 District: Section: Block: Lot: 1000 083 . 00 02 . 00 016.002 EXAMINED AND CHARGED AS FOLLOWS Deed Amount: $1, 603,462 .50 Received the Following Fees For Above Instrument Exempt Exempt Page/Filing $120 . 00 NO Handling $20 . 00 NO COE $5. 00 NO NYS SRCHG $15 .00 NO TP-584 $5 . 00 NO Notation $0 .00 NO Cert.Copies $30 . 00 NO RPT $200 .00 NO Transfer tax $0 . 00 NO Comm.Pres $0 .00 NO Fees Paid $395.00 TRANSFER TAX NUMBER: 18-19591 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL JUDITH A. PASCALE County Clerk, Suffolk County F1 T2]Number of pages 3� ` Cn, hl TORRENS _UE-,17" A. PEAS+'A!E Serial# S1JF70Lr'. °-01«''I Y L ID,0112 aF Certificate# r' 06;-5 DTP IP-1 Prior Ctf. # Deed/Mortgage Instrument Deed/Mortgage Tax Stamp Recording/Filing Stamps 3 FEES ' Page/Filing Fee Mortgage Amt. Handling 00 1. Basic Tax 2. Additional Tax TP-584 Sub Total Notation Spec./Assit. 1✓j EA-52 17 (County) Sub Total ( or Spec. /Add. EA-5217 (State) TOT. MTG. TAX R.P.T.S.A. (� ®����Gy Dual Town Dual County —� Held for Appointment Comm. of Ed. 5. 00 M rans er Tax e Affidavit m�� �o� � , Mansion Tax INDE4 Certified Copy The property covered by this mortgage is or will be improved by a one or two NY ' urcharge 15. 00 Sub Total '� family dwelling only. Other YES or NO Grand Total ! If NO, see appropriate tax clause on page# of this 1qstru nt. l r - 4 jDist. 19000780 loon, 08300 0200 016002 ego(, 5 Community Preservation Fund Real Props P T S Tax Servic P CWH �+ I I�I�I III�II �I®I�I I �► Consideration Amount -® 0410 Agency 08-JAN-1 11 1� 1111 P ax Due Verificatic �`� $ v=w r - Improved Vacant Land 6 Satisfactions/Discharges/Releases List Property Owners Mailing Address RECORD & RETURN TO: TD IWOmt� Lcftam 5heaI*,l ,-Do bin 4C UC, aFaro) LLP TD ate' �i�Ci Cta( l4mkxinVjE56 TD gp� f 7 Title Company Information R qp—OfAd� iV� 119, N Co. Name -t Title# 2 2L4 I 8 Suffolk County Recordin & Endorsement Page- This page forms part of the attached ��n��� (�Ib m,+ ?16 made by: (SPECI Y TYPE O INSTRUMENT)lid The premises herein is situated in I y SUFFOLK COUNTY, NEW YORK. f c6 TO In the Township of 6 U i ► ►o In the VILLAGE � �rr � - or HAMLET of Oe( BOXES 6 THRU 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO R CORDING OR FILING. (over) �r GRANT OF DEVELOPMENT RIGHTS EASEMENT THIS GRANT OF DEVELOPMENT RIGHTS EASEMENT, is made on the 18th day of December, 2018 at Southold, New York. The parties are RICHARD JAMES MCBRIDE and JAMES MICHAEL MCBRIDE with an address at 10415 Oregon Road, Cutchogue, New York 11935 (herein collectively called "Grantor"), and the TOWN OF SOUTHOLD, a municipal corporation, having its principal office at 53095 Main Road, P.O. Box 1179, Southold, New York 11971-0959 (herein called "Grantee"). INTRODUCTION WHEREAS, Grantor is the owner in fee simple of certain real property located in the Town of Southold, Suffolk County, New York, identified as part of SCTM #1000-83-2-16 more fully described in SCHEDULE "A" attached hereto and made a part hereof and hereinafter referred to as the "Property" and shown on the survey-prepared by Nathan Taft Corwin, III, Land Surveyor, dated August 22, 2018 (a reduced copy of which is attached hereto and made a part hereof and hereinafter referred to as the "Survey"); and �7af�d" II ht h,f 6 WHEREAS, the Property is located in the A-C Zoning District of the Town of Southold; and WHEREAS, the Property contains soils classified as Class I and Class II_ worthy of conservation as identified by the United States Department of Agriculture Soil Conservation Service's Soil Survey of Suffolk County, New York; and WHEREAS, the Property is currently planted in row crops; and WHEREAS, it is the policy of the Town of Southold (the "Town"), as articulated in the Town's Master Plan of 1973, amended in 1986 and 1989 as adopted by the Town Board, Town of Southold, and §272-a of the New York State Town Law ("Town Law") to protect environmentally sensitive areas, preserve prime agricultural soils, to protect the scenic, open space character of the Town and to protect the Town's resort and agricultural economy; and WHEREAS, the Property in its present scenic and agricultural condition has substantial and significant value as an aesthetic and agricultural resource since it has not been subject to any substantial development;-and 1 i I - • , 4 i , WHEREAS, Grantor and Grantee recognize the value and special character of the region in which the Property is located, and Grantor and Grantee have, in common, the purpose and objective of protecting and conserving the present state and inherent, tangible and intangible values of the Property as an environmental, natural, scenic, agricultural, and aesthetic resource; and WHEREAS, Grantee has determined it to be_desirable and beneficial and has requested Grantor, for itself and its successors and assigns, to grant a Development Rights Easement to Grantee in order to restrict the further development of the Property while permitting compatible uses thereof; NOW THEREFORE, in consideration of ONE MILLION SIX HUNDRED THREE THOUSAND FOUR HUNDRED SIXTY-TWO AND 50/100 DOLLARS ($1,603,462.50) and other good and valuable consideration paid to the Grantor, the receipt of which is hereby acknowledged, the Grantor does hereby grant, transfer, bargain, sell and convey to the Grantee a Development Rights Easement, in gross, which shall be binding upon and shall restrict the premises shown and designated as the Property herein, more particularly bounded and described on Schedule ""A" annexed hereto and made a part of this instrument. TO HAVE AND TO HOLD said Development-Rights Easement and the rights and interests in connection with it and as hereinafter set forth with respect to the Property unto the Grantee, its successors and assigns forever, reserving,-however, for the direct use and benefit of the Grantor, its legal representatives, successors and assigns, the fee title to the property, and the exclusive right of occupancy and of use of the Property, subject to the limitations, condition, covenants, agreements, provisions and use restrictions hereinafter set forth, which shall constitute and shall be servitudes upon and with respect to the Property. The Grantor, for itself, and for and on behalf of its legal representatives, successors and assigns, hereby covenants and agrees as follows: 2 0.01 Grantor's Warranty Grantor warrants and represents to the Grantee that Grantor is the owner of the Property described in Schedule A. free of any mortgages or liens as set forth in Stewart Title Insurance Company Title Report #7122641, and possesses the right to grant this easement. 0.02 Grantee's Status Grantee warrants and represents to Grantor that Grantee is a municipal corporation organized and existing under the laws of the State of New York State and is authorized under §64 of Town Law and §247 of the New York State General Municipal Law ("General Municipal Law") to acquire fee title or lesser interests in land, including development rights, easements, covenants, and other contractual rights which may be necessary or desirable for the preservation and retention of agricultural lands, open spaces and natural or scenic resources. 0.03 Purpose The parties recognize the environmental, natural, scenic, agricultural, and aesthetic values of the Property and have the common purpose of preserving these values by limiting the uses of the Property. This instrument is intended to convey a Development Rights Easement on the Property by Grantor to Grantee, exclusively for the purpose of preserving its character in perpetuity for its environmental, natural, scenic, agricultural, and aesthetic values by preventing the use or development of the Property for any purpose or in any manner contrary to the provisions hereof, in furtherance of federal, New York State and local conservation policies. 0.04 Governmental Recognition New York State has recognized the importance of private efforts to , preserve rural land in a scenic, natural, and ,open condition through conservation restrictions by the enactment of General Municipal Law §247. Similar recognition by the federal government includes §170(h) of the Internal Revenue Code ("IRC") and other federal statutes. 0.05 Baseline Documentation Grantee acknowledges by acceptance of this Development Rights Easement that present uses of the Property are compatible with the purposes of this Easement. In order to aid in identifying and documenting 3 t the present condition of the Property's environmental, natural, scenic, agricultural, and aesthetic resources and otherwise to aid in identifying and documenting such values as of the date hereof, to assist Grantor and Grantee with monitoring the uses and activities on the Property and ensuring compliance with the terms hereof, Grantee-has prepared, with Grantor's cooperation, an inventory of the Property's relevant'features and conditions (the "Baseline Documentation'. This Baseline Documentation includes, but is not limited to a survey prepared by Nathan Taft Corwin, III, Land Surveyor, dated August 22, 2018, and a Phase 1 Environmental Site Assessment dated September 25, 2018 by Cashin Technical Services, Inc. Grantor and Grantee acknowledge and agree that in the event a controversy arises with respect to the nature and extent of the Grantor's uses of the Property or its physical condition as of the date hereof, the parties shall not be foreclosed-from utilizing any other relevant or material documents, surveys, reports, photographs or other evidence to assist in the resolution of the controversy. 0.06 Recitation In consideration of the previously recited facts, mutual-promises, undertakings, and forbearances contained in this Development Rights Easement, the parties agree upon its provisions, intending to be bound by it. ARTICLE ONE THE EASEMENT 1.01 Type This instrument conveys a Development Rights Easement (herein called the "Easement"). This Easement shall consist of the limitations, agreements, covenants, use restrictions,-rights, terms, and conditions recited herein. Reference to this 'Easement" or its "provisions" shall include any and all of those limitations, covenants, use restrictions, rights, terms and conditions. 1.02 Definitions "Development Rights" shall mean the permanent legal interest and right to prohibit or restrict the use of the Property for uses or purposes consistent with the terms of this Easement, including agricultural production as that term. is presently referenced in §247 of the General Municipal Law and/or defined in Chapter 70 of the Town Code of the Town of Southold (the 4 "Town Code" or "Code") now, or as they may be amended, and including the production of crops, livestock and livestock products as defined in §301(2)(a)-(j) of the New York State Agriculture and Markets Law ("Agriculture and Markets Law"), now, or as said §301(2)(a)-(j) may be amended, provided said-amended, provisions are inherently similar in nature to those crops, livestock and livestock products included as of the date of this Easement. No future restrictions in said laws and/or Code or limitation in the definitions set forth in said laws and/or Code shall preclude a use that is permitted under the current law and/or Code. "Improvement" shall mean any addition to raw land, such as structures, fences, wells or drainage. "Lawn" shall mean an area of land on which grasses or other durable plants are grown and maintained at a short height and principally used for aesthetic or other purposes. Land that is in agricultural production, including land in a fallow or otherwise idled manner, is not "Lawn." "Riding Academy" shall mean a business use of a lot for any of the following purposes: the letting of horses for hire to individuals or groups whether supervised or unsupervised, horseback riding instruction or the holding of horse shows or other equine events. "Structure" shall mean anything constructed or erected-on or under the ground or upon another structure or building, including walkways. Structures shall not include trellis, posts and wiring, farm irrigation systems, nursery mats, or fencing necessary for agricultural operations or to mark the boundaries of the Property, including without limitation fencing to keep out predator animals, including deer. Approvals for those items listed in the preceding sentence shall be as required by applicable provisions of the Town Code. 1.03 Duration This Easement shall be a burden upon and run with the Property in perpetuity. 1.04 Effect This Easement shall run with the Property as an incorporeal interest in the Property, and shall extend to and be binding upon Grantor, Grantor's agents, tenants, occupants, heirs, personal representatives, successors and assigns, and all other individuals and entities and provides Grantee with the right to administer, manage and enforce the Easement as provided herein. 5 The word "Grantor" when used herein shall include all of those persons or entities. Any rights, obligations, and interests herein granted to Grantor and/or Grantee shall also be deemed granted to each and every one of its subsequent agents, successors, and assigns, and the word "Grantor and/or Grantee" when used herein shall include all of those persons or entities. ARTICLE TWO SALE GRANTOR, for of ONE MILLION SIX HUNDRED THREE THOUSAND FOUR HUNDRED_ SIXTY-TWO AND 50/100 DOLLARS ($1,603,462.50) and such other good and valuable consideration, hereby grants, releases, and conveys to Grantee this Easement, in perpetuity, together with all rights to enforce it. Grantee hereby accepts this Easement in perpetuity, and undertakes to enforce it against Grantor. ARTICLE THREE PROHIBITED ACTS From and after the date of this Easement, the following acts, uses and practices shall be prohibited forever upon or within the Property: 3.01 Structures No structures may be erected or constructed on the Property except after review by the Southold Town Land Preservation Committee ("Land Preservation Committee") for consistency with the Purpose and other terms of this Easement, and as permitted under other applicable provisions of the Town Code and Sections 1.02 and 4.06 of this Easement. 3.02 Excavation and Removal of Materials; Mining The excavating, regrading, scraping or filling of the Property shall be prohibited, without the prior written consent of Grantee, including but not limited to review by the Land Preservation Committee. Mineral exploitation, and extraction of any mineral, including but not limited to soil, gravel, sand and hydrocarbons, by any method, surface or subsurface, is prohibited. The removal of topsoil, sand, or other materials from the_Property is prohibited; nor shall the topography of the Property be changed, except in 6 connection with normal agricultural/horticultural activities, all of which shall require the prior written consent of Grantee,.including but not limited to review by the Land Preservation Committee. 3.03 Subdivision Except as provided in this Section 3.03, the Property may not be further subdivided pursuant to Town Law §§265, 276 or 277 or §335 of the Real Property Law, as they may be amended, or any other applicable State or local law. "Subdivision" shall include the division of the portion of the Property from which the development rights are acquired into two or more parcels, in whole or in part. Grantor may, subject to approval by the Planning Board of the Town of Southold and as otherwise required by applicable law, modify or alter lot lines between the Property and adjacent parcels, or subdivide the Property, provided that all resulting parcels contain at least 10 acres of preserved agricultural land subject to a development rights easement or other conservation instrument. Notwithstanding this Section 3.03, upon the death of Grantor, the underlying fee interest may be divided by conveyance of parts thereof to Grantor's executor, trustee, heirs or next of kin by will or operation of law. 3.04 Dumping The dumping or accumulation of unsightly or offensive materials including, but not limited to trash, garbage, sawdust, ashes or chemical waste on the Property shall be prohibited. This prohibition shall exclude materials used in the normal course of sound agricultural practices on the .Property, including fertilization, composting and crop removal. 3.05 Signs The display of signs, billboards, or advertisements shall be prohibited, except signs whose placement, number, and design do not significantly diminish the scenic character of the Property and only for any of the following purposes: (a) to state the name of the Property and the names and addresses of the occupants and the character of the business conducted thereon, (b) to temporarily advertise the Property'or any portion thereof for sale or rent, (c) to post the Property to control unauthorized entry or use, or (d) with the consent of the Grantor, to announce Grantee's easement. Signs are subject to regulatory requirements of the Town. 7 3.06 Utilities The creation or placement of overhead utility transmission lines, utility poles,\wires, pipes, wells or drainage systems (`utilities") on the Property to service structures approved pursuant to §4.06 shall be prohibited without the prior written consent of the Grantee. Underground utilities must, to the extent possible, be constructed within 30 feet of the centerline of any roads or driveways, ,and may be used solely to service the permitted structures on the Property. The Property may not be used for the creation or placement of utilities to service any other properties. 3.07 Prohibited Uses Except for uses specifically permitted by this Easement, the use of the Property or structures on it for any residential, commercial or industrial uses, permanent or temporary, including but not limited to a riding academy, shall be prohibited. For the purposes of this section, agricultural production, as that term is presently referenced in §247 of the General Municipal Law and/or defined in Chapter 70 of the Town Code, now, or as said Chapter 70 may be amended and including the production of crops, livestock and livestock products as defined in §301(2)(a)-(j) 'of the Agriculture and Markets Law, now or as said §301(2)(a)-(j) may be amended, provided said amended provisions are inherently similar in nature to those crops, livestock and livestock products included as of the date of, this Easement, shall not be considered a commercia`I use. Uses, improvements and activities permitted by the Town Code now or in the future on agricultural lands protected by a development rights _ easement or other instrument, including but not limited to farmstands, shall.'' not'be considered a commercial use. No improvements, uses or activities inconsistent with current or future agricultural production shall be permitted on the Property. Under no circumstances shall athletic fields, golf courses or ranges, commercial airstrips and helicopter pads, motorcross biking, or any other improvements or activity inconsistent with current or future agricultural production be permitted on the Property. Grantor shall not establish or maintain a Lawn on the Property. Hunting is permitted on the Property provided it does not interfere with agricultural production and is conducted in accordance with agricultural management practices. 8 3.08 Soil and Water Any use or activity that causes or is likely to cause soil degradation or erosion or pollution of any surface or subsurface waters shall be prohibited. This prohibition shall not be construed as extending to agricultural operations and practices (including, without limitation, the use of agrochemicals such as fertilizers, pesticides, herbicides, and fungicides) that are in accordance with sound agricultural management practices of the Natural Resources Conservation Service ('"NRCS"). 3.09 Drainage The use of the Property for a leaching or sewage disposal field shall be prohibited. The use of the Property for a drainage basin or sump shall be prohibited, except in accordance with sound agricultural management practices and in order to control flooding or soil erosion on the Property. 3.10 Development Rights The use of the acreage of this Property for purposes of calculating lot yield on any other Property shall be prohibited. Grantor hereby grants to Grantee all existing development rights (and any further development rights that may be created through a rezoning of the Property) on the Property, except for the right to construct, maintain and replace any pre-existing structures, and to construct new structures, as such rights may be provided . in Section 4.06, and the parties agree that any other such development rights shall be terminated and extinguished and may not be used or transferred to any other parcels. ARTICLE FOUR GRANTOR'S RIGHTS 4.01 Ownership Subject to the provisions of ARTICLE THREE, Grantor shall retain all other rights of ownership in the Property, some of which are more particularly described in this ARTICLE FOUR. 4.02 Possession Grantor shall continue to have the right to exclusive possession, of the Property. 9 4.03 Use Grantor shall have the right to use the Property in any manner and for any purpose consistent with and not prohibited by this Easement, as well as applicable local, State, or federal law. Grantor shall have the right to use the Property for uses, improvements and activities permitted by the Town Code, now or in the future, on agricultural lands protected by a development rights easement or other instrument, including, but not limited to farmstands and for educational or training programs related to agricultural production or activities. Grantor shall also have the right to use the Property for traditional private recreational uses, provided such recreational uses are conducted for the personal enjoyment of Grantor, are compatible with farming, and are otherwise consistent with and do not derogate from or defeat the Purpose of this Easement or other applicable law. These uses shall not be offered or provided for commercial purposes, including the commercial gain of Grantor or others. 4.04 Landscaping Activities Grantor shall have the right to continue the current and/or customary modes of landscaping, pruning and grounds maintenance on the Property as evidenced by the documentation set forth in -Section 0.05. Grantor shall have the right to remove or restore trees, shrubs, or other vegetation when dead, diseased, decayed or damaged or interfering with agricultural production, to thin and prune trees to maintain or improve the appearance of the property, and to mow the property. Notwithstanding the above, Grantor is prohibited from establishing or maintaining a Lawn on the Property, as set forth in 3.07. 4.05 Agricultural Production and Activities Grantor shall have the right to engage in all types of agricultural production as the term is presently referenced in §247 of the General Municipal Law and/or defined respectively in Chapter 70 of the Town Code, now, or as they may be amended, and including the production of crops, livestock and livestock products as defined in §301(2)(a)-(j) of the Agriculture and Markets Law, now, or as said §301(2)(a)-(j) may be amended, provided said amended provisions are inherently similar in nature to those crops, livestock and livestock products included as of the date of this Easement. No future restriction in said laws and/or Code or limitation in 10 i i the definitions set forth in said laws and/or Code shall preclude a use that is I permitted under the current law and/or Code. Grantor may offer "U-Pick" operations and/or the use of a corn maze to the general public, provided that such activities are conducted in conjunction with-seasonal harvests, do not interfere with agricultural production and are otherwise consistent with and do not derogate from or defeat the Purpose of this Easement or other applicable laws. Notwithstanding the definition of agricultural production in Chapter 70 of the Town Code or any successor chapter, structures shall be prohibited except as set forth in Section 4.06 herein and as permitted by the Town Code now or in the future on agricultural lands protected by a development rights easement or other instrument, including but not limited to farmstands. 4.06 Structures A. Allowable Improvements. Grantor shall have the right to erect and maintain the following improvements on the Property, as may be permitted by the Town Code and subject to review by the Town-of Southold Land Preservation Committee, provided the improvements are consistent with and do not derogate from or defeat the Purpose of this Easement or other applicable laws: (i) Underground facilities used to supply utilities solely for the use and enjoyment of the Property; (ii) New construction, including drainage improvement structures, provided such structures are necessary for, incidental and/or accessory to agricultural production; (iii) Renovation, maintenance and repairs of any existing structures or structures built or permitted pursuant to this Section 4.06, provided the primary purpose of the structure remains agricultural. B. Conditions. Any allowable improvements shall protect prime agricultural soils, agricultural production, open space and scenic vistas, and otherwise be consistent with the Purpose of this Easement. 11 C. Environmental Sensitivity During Construction. The use and location of any improvement permitted hereunder shall be consistent with the purposes intended herein, and construction of any such improvement shall minimize disturbances to the environment. Grantor shall employ erosion and sediment control measures to mitigate any storm water runoff, including but not limited to minimal removal of vegetation, minimal movement of earth and minimal clearance of access routes for construction vehicles. D. Replacement of Improvements. In the event of damage resulting from casualty loss to an extent which renders repair of any existing improvements or improvements built or permitted pursuant to this Section 4.06 impractical, erection of a structure of comparable size, use, and general design to the damaged structure shall be permitted in kind and within the same general location, subject to the review and written approval of . Grantee, pursuant to applicable provisions of the Town Code. 4.07 Notice Grantor shall notify Grantee, in writing, before the construction of any permanent or-temporary structures as permitted in Section 4.06 herein and shall file all necessary applications and obtain all necessary approvals that may be required by this Easement or by the Town Code and shall provide documentation as may be required for such applications. 4.08 Alienability Grantor shall have the right to convey, mortgage or lease all of its remaining interest in the Property, but only subject to this Easement. Grantor shall promptly notify Grantee of any conveyance of any interest in the Property, including the 'full name and mailing address of any transferee, and the individual principals thereof, under any such conveyance. The instrument of any such conveyance shall specifically set forth that the interest thereby conveyed is subject to this,Easement, without modification or amendment of the terms of this Easement,.and shall incorporate this Easement by reference, specifically setting for the date, office, liber and page of the recording hereof. The failure of any such instrument to comply with the provisions hereof shall not affect Grantee's rights hereunder. 4.09 Further Restriction Nothing in this Easement shall prohibit or preclude Grantor from further restricting the use, improvements or structures on the Property. Any 12 such further restrictions shall be consistent with and in furtherance of the general intent and purpose of this Easement as set forth in Section 0.03. ARTICLE FIVE GRANTOR'S OBLIGATIONS 5.01 Taxes and Assessments Grantor shall continue to pay all taxes, levies, and assessments and other governmental or municipal charges, which may become a lien on the Property, including any taxes or levies imposed to make those payments,, subject, however, to Grantor's right to grieve or contest such, assessment. The failure of Grantor to pay all such taxes, levies and assessments and other governmental or municipal charges shall not cause an alienation of any rights or interests acquired herein by Grantee. 5.02 Indemnification Grantor shall indemnify and hold Grantee harmless for any liability, costs, attorneys' fees, judgments, expenses, charges or liens to Grantee'or any of its officers, employees, agents or independent contractors, all of which shall be reasonable in amount, arising from injury due to the physical maintenance or condition of the Property caused by Grantor's actions or inactions, or from any taxes, levies or assessments upon it or resulting from this Easement, all of which shall be considered Grantor's obligations. 5.03 Third Party Claims Grantor shall indemnify and hold Grantee harmless for any liability, costs, attorneys' fees, judgments, or expenses, charges or liens to Grantee or any of its officers, employees, agents or independent contractors, all of which shall be reasonable in amount, resulting: (a) from injury to persons or damages to property arising from any activity on the Property; and (b) from - actions or claims of any nature by third parties arising out of the entering into or exercise of rights under this Easement, excepting any of those matters arising solely from the acts of Grantee, its officers, employees, agents, or independent contractors. . 13 ARTICLE SIX GRANTEE'S RIGHTS 6.01 Entry and Inspection Grantee shall have the right to enter upon the Property at reasonable times, upon prior notice to Grantor, and in a manner that will not interfere with Grantor's quiet use and enjoyment of the Property, for the purpose of inspection to determine whether this Easement and its purposes and provisions are being upheld. Grantee shall not have the right to enter upon the Property for any other purposes, except as provided in Section 6.02 and 6.03, or to permit access upon,the Property by the public. 6.02 Restoration Grantee shall have the right to require the Grantor to restore the Property to the condition required by this Easement and to enforce this right by any action or proceeding that Grantee may reasonably deem necessary. However, Grantor shall not be liable for any changes to the Property resulting from causes beyond the Grantor's control, including, without limitation, fire, flood, storm, earth movement, wind, weather or from any prudent action taken by the Grantor under emergency conditions to prevent_ , abate, or mitigate significant injury to persons or to the Property-or crops, livestock or livestock products resulting from such causes. 6.03 Enforcement Rights of Grantee Grantor acknowledges and agrees that Grantee's remedies at law for any violation of this Easement may be inadequate. Therefore, in addition to, and not as a limitation of, any other rights of Grantee hereunder at law or in equity, in the event any breach, default or violation of any term, provision, covenant or obligation on Grantor's part to be observed or performed pursuant to this Easement is not cured by Grantor within ten (10) days' notice thereof by Grantee (which notice requirement is expressly waived by Grantor with respect to any such breach, default or violation which, in Grantee's reasonable judgment, requires immediate action to preserve and protect any of the agricultural values or otherwise to further the purposes of this Easement), Grantee shall have the right at Grantor's sole cost and expense and at Grantee's election: 14 l (i) To institute a suit to enjoin or cure such breach, default or violation by temporary and/or permanent injunction, (ii) To enter upon the Property and exercise reason able 'efforts to terminate or cure such-breach, default or violation and/or to cause the restoration of that,portion of the Property affected by such breach, default or violation to the condition that existed prior thereto, or (iii) To enforce any term provision, covenant or obligation in this Easement or to seek or enforce such other legal and/or equitable relief or remedies as Grantee deems necessary or desirable to ensure compliance with the terms, conditions, covenants, obligations and purposes of this Easement; provided, however, that any failure, delay or election to so act by Grantee shall not be deemed to be a waiver or a forfeiture of any right or available remedy on Grantee's part with respect to such breach, default, or violation or with respect to any other breach, default or violation of any term, condition, covenant or obligation under this Easement. Grantor shall pay either directly or by reimbursement to Grantee, all reasonable attorneys' fees, court costs and other expenses 'incurred by Grantee (herein called "Legal Expenses") in connection with any proceedings under this Section, as approved by the Court. The cure period in this Section 6.03 may be extended for a reasonable time by Grantee if such restoration cannot reasonably be accomplished within ten (10) days. 6.04 Notice All notices required by this Easement must be written. Notices shall be delivered by hand or by certified mail, return receipt requested, with sufficient prepaid postage affixed and with return receipts requested. Mailed notice to Grantor shall be addressed to Grantor's address as recited herein, or to such other address as Grantor may designate by notice in accordance with this Section 6.04. Mailed notice to Grantee shall be addressed to its principal office recited herein, marked to the attention of the Supervisor and the Town Attorney, or to such other address as Grantee may designate by notice in accordance with this Section 6.04. Notice shall be deemed given and received as of the date of its manual delivery or three business days after the date of its mailing. 15 6.05 No Waiver Grantee's exercise of one remedy or relief under this ARTICLE SIX shall not have the effect of waiving or limiting any other remedy or relief, and the failure to exercise or the delay in exercising any remedy shall not constitute a waiver of any other remedy or relief or the use of such other remedy or relief at any other time. 6.06 Extinguishment of Easement/Condemnation At the mutual request of,Grantor and Grantee, a court with jurisdiction may, if it determines that conditions surrounding the Property have changed so much that it becomes impossible to fulfill the Purpose of this Easement described in Section 0.03, extinguish or modify this Easement in accordance with applicable law. The mere cessation of farming on the Property shall not be construed to be grounds for extinguishment of this Easement. If at any time the Property or any portion thereof shall be taken or condemned by eminent domain, by the Grantee or by any other governmental entity, then this Easement shall terminate with respect to the Property, or portions thereof so taken or condemned, and the Property shall not be subject to the limitations and restrictions of this Easement. In such event, the Grantor, its successors or assigns, shall not be required"to pay any penalties, but the value of,the Property shall reflect the limitations of this Easement. Any condemnation award payable to the Grantor shall be in proportion to the value attributable to the residual agricultural value of the Property. If the condemnation is undertaken by an entity other than the Grantee, then the remaining portion of the condemnation award shall be payable to the Grantee in proportion to the value attributable to the development rights transferred hereby. ARTICLE SEVEN MISCELLANEOUS 7.01 Entire Understanding This Easement contains the entire understanding between its parties concerning its subject matter. Any prior agreement between the parties concerning its subject matter shall be merged into this Easement and superseded by it. 16 7.02 Amendment This Easement may be amended only with the written consent of Grantee and current Grantor and in accordance with any applicable State and local laws. Any such amendment shall be consistent with the Purpose of this Easement and shall comply with the Town Code and any regulations promulgated hereunder and shall be duly recorded. This Easement is made with the intention that it shall qualify as a Conservation Easement in perpetuity under Internal Revenue Code §170(h). The parties agree to amend the provisions of this Easement if such amendment shall be necessary, to entitle Grantor to meet the requirements of §170(h). Any such amendment shall apply retroactively in the same manner as if such amendment or amendments had been set forth herein. 7.03 Alienation No property rights acquired by Grantee hereunder shall be alienated except pursuant to the provisions of Chapter 70 of the Town Code or any successor chapter and other applicable laws, upon the adoption of a local law authorizing the alienation of said rights and interest, following a public hearing and, thereafter, ratified by a mandatory referendum by the electors of the Town of Southold. No subsequent amendment of the provisions of the Town Code shall alter the limitations placed upon the alienation of those property rights or interests which were acquired by the Town prior to 'any such amendment. In addition to the limitations set forth above, Grantee shall have the right to transfer all or part of this Easement to any public agency, or private non-governmental organization, that at the time of transfer is a "qualified' organization" under §170(h) of the Internal Revenue Code, provided that transferee expressly agrees to assume the responsibility imposed on the Grantee by this Easement. Any such easement transfer must be approved by the Grantor or any subsequent owner. If the Grantee ever ceases to exist, a court of competent jurisdiction may transfer this Easement to another qualified public agency that agrees to assume the responsibilities imposed by this Easement. 17 7.04 Severability Any provision of this Easement restricting Grantor's activities, which is determined to be invalid or unenforceable by a court shall not be invalidated. Instead, that provision shall be,reduced or limited to whatever extent that court determines will make it enforceable and effective. Any other provision of this Easement that is determined to be invalid or unenforceable by a court shall be severed from the other provisions, which shall remain enforceable and effective. 7.05 Governing Law New York law applicable to deeds to and easements on land located within New York shall govern this Easement in all respects, including validity, construction, interpretation, breach, violation and performance. 7.06 Interpretation Regardless of any contrary rule of construction, no provision of this Easement shall be construed in favor of one of the parties because it was drafted by the other party's attorney. No alleged ambiguity in this Easement shall be construed against the party whose attorney drafted it. If any provision of this Easement is ambiguous or shall be subject to two or more interpretations, one of which would render that provision invalid, then that provision shall be given such interpretation as would render it valid and be consistent with the purposes of this Easement. Any rule of strict construction designed to limit the breadth of the restrictions on use of the Property shall not apply in the construction or interpretation of this Easement, and this Easement shall be interpreted broadly to affect the purposes of this Easement as intended by the parties. The parties intend that this Easement, which is by nature and character primarily negative in that Grantor has restricted and limited his right to use the Property, except as otherwise recited herein; be construed at all times and by all parties to effectuate its purposes. 7.07 Public Access Nothing contained in this Easement grants, nor shall it be-interpreted to grant, to the public, any right to enter upon the Property, or to use images of the Property. Grantee may use images of the Property only for non-commercial reporting of this Easement. ' 18 7.08 Warranties The warranties and representations made by the parties in this Easement shall survive its execution. 7.09 Recording Grantee shall record this Easement in the land records of the office of the Clerk of the County of Suffolk, State of New York. 7.10 Headings The headings, titles and subtitles herein have been inserted solely for convenient reference and shall be ignored in_its construction. IN WITNESS WHEREOF, Grantor has executed and delivered and Grantee has accepted and received this Grand of Development Rights Easement on the day and year set forth above. ACKNOWLEDGED AND ACCEPTED: By: Richard James McBride, Seller By:_, James Michael McBride, S Iter ACKNOWLEDGED AND ACCEPTED: TOWN OF SOUTHOLD, Grantee RSR BY: '' ����� 1 woMVA La I-hum, she(.ti l�ell � Scott A. Russell, Supervisor ODD bin 00ACtra(01(.L� 5'. o93,off d�trPef p��e►odD Ajdfess , NY 1190) 1 DTZ 0(90n�oc� OY 19 t STATE OF NEW YORK) COUNTY OF SUFFOLK), SS.• On the day of December in the year 2018 before me, the undersigned,personally appeared Richard James McBride,personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. Signatur%ffice of individual taking acknowledgement TARA M.DOWD Notoy Pubk State of New York STATE OF NEW YORK) Reg.No.01 D0607W7 CoUnty COUNTY OF SUFFOLK), SS: Co���E o o'j,'� On the lAday of December in the year 2018 before me, the undersigned,personally appeared James Michael McBride,personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. Signatur%fce of individual taking acknowledgement TARA M.DOWD Notary Pulft,State of New York Reg.No.01°06070607 QualfW in Sufiodk County STATE OF NEW YORK ) DO" ion Expi;"es=0" ° / COUNTY OF SUFFOLK ) SS. ' On this 1'�%ay of December in the year 2018 before me, the undersigned, personally-appeared Scott A. Russell,personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument, / [CO SignatureloffiWofindividual taking acknowledgement TARA M.DOWD Notary PWA,- Stale of New York Reg.No.01 D06070607 20 coed in Suffo6k Coz4 corTtinission Expires 03f04= z-- Title Number: 7122641 SCHEDULE A—DESCRIPTION AMENDED 12/12/2018 DEVELOPMENT RIGHTS EASEMENT AREA TO BE INSURED: All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected, situate,lying and being at Cutchogue,Town of Southold,County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on northerly side of Oregon Road being 977.04 feet easterly from the corner form by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE northwesterly from said point of beginning and along northerly line of lands now or formerly of E&C Property Holding H Inc.,North 42 degrees 24 minutes 02 seconds West 382.82 feet to the True point of BEGINNING. RUNNING THENCE along the division line between premises described herein and lands now or formerly of E&C Property Holding H Inc.,North 42 degrees 24 minutes 02 seconds West 2,128.04 feet to a point,where the same is intersected by the division line between premises herein and lands now or formerly of E&C Property Holding; RUNNING THENCE along said division line South 89 degrees 10 minutes 42 seconds East 724.62 feet to a point,where the same is intersected by the division line between premises herein and lands now or formerly of Steven Zuhoski&David Zuhoski County of Suffolk(Development Rights); RUNNING THENCE along said division line South 44 degrees 28 minutes 48 seconds East 1,611.57 feet to a point; RUNNING THENCE southwesterly South 45 degrees 31 minutes 12 seconds West 586.90 feet to the point or place of BEGINNING. FOR.INFORMATION ONLY:RESERVE AREA All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected, situate,lying and being at Cutchogue,Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on northerly side of Oregon Road being 977.04 feet easterly from the corner form by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; FOR CONVEYANCING ONLY.TOGETHER with all right,title and interest of the party of the first part,of,in and to any streets and roads abutting the above described premisesto the center lines thereof. -Schedule A Description(Page 1 of 3)- "r ewa ` title Title Number: 7122641 RUNNING THENCE from said point of beginning along the division line between premises described herein and lands now or formerly of E&C Property Holding H Inc. North 42 degrees 24 minutes 02 seconds West 382.82 feet to a point; RUNNING THENCE northeasterly North 45 degrees 31 minutes 12 seconds East 586.90 feet to a point on the division line between premises herein and lands now or formerly of Steven Zuhoski&David Zuhoski County of Suffolk(Development Rights); RUNNING THENCE along said division line and along the division line with lands now or formerly of Steven Zuhoski&David Zuhoski,and lands now and formerly of Lucille Zuboski,South 44 degrees 28 ininutes 48 seconds East 651.97 feet to appoint on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road,South 69 degrees 40 minutes 20 seconds West 250.00 feet to a point; RUNNING THENCE North 20 degrees 19 minutes 40 seconds West 165.00 feet to a point; RUNNING THENCE South 69 degrees 40.minutes 20 seconds West 255.00 feet to a point; RUNNING THENCE South 20 degrees 19 minutes 40 seconds East 165.00 feet to a point on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road,South 69 degrees 40 minutes 20 seconds West 153.43 feet to the point or place of BEGINNING. l FOR CONVEYANCING ONLY:TOGETHER with all right,title and interest of the party of the first part,of,in and to any streets and roads abutting the above described premises to the center lines thereof. Schedule A Description(Page 2 of 3)- . i \ :^} FRO r ,a; axe,�cs c 89,1042 SCALE--_,"—__ SURVEY OF PROPERTY - - OWN C' SO.THOLC SUFFOLK COVN,Y, NEW YORK S C 'AX N. 1OQC-S3-C2-7& AWMV 27,2018 i -07AL L07 AREA-1,300 95 a^y I- 29 062 c i a CE:ELOFMEN-R OHTS EA SNENT AREA x eaa 1<L'34,)56.4 i 25.755 ec � t I i � I i i 4 i i i i ,✓ RESERVE AREA /��/ .✓�' 266,039 aqc R SEF L7 -' i _ / ,,. 6.7 07 SCA-1 E'"=4C' e i SCALE 1'=40' % C � 8� d k 9 b;a,20' r`'`ay �r y- \\ •,:� �.. \ _ ff%L;to z Nathan Taft Corwin 111 "R "„�" Land Surveyor anp =,M 0M t i Jj ALTA Owner's Policy(06-17-06) POLICY OF TITLE INSURANCE ISSUED BY stewart flu Any notice of claim and any other notice or statement in writing required to be given the Company under this Policy must be given to the Company at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE, THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B AND THE CONDITIONS, STEWART TITLE INSURANCE COMPANY,a New York corporation, (the"Company")insures,as of Date of Policy and,to the extent stated in Covered Risks 9 and 10, after Date of Policy, against loss or damage, not exceeding the Amount of Insurance, sustained or incurred by the insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk Includes but is not limited to insurance against loss from (a) A defect in the Title caused by (i) forgery,fraud,undue influence,duress,incompetency,incapacity or Impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created,executed,witnessed,sealed,acknowledged,notarized,or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law (v) a document executed under a falsified,expired,or otherwise invalid power of attorney (A) a document not properly filed, recorded, or Indexed in the Public Records including failure to perform those acts by electronic means authorized by law,or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable,but unpaid. (c) Any encroachment,encumbrance,violation,variation,or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term"encroachment"includes encroachments of existing improvements located on the Land onto adjoining land,and encroachments onto the Land of existing Improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land. 5. The violation or enforcement of any law, ordinance, permit, or governmental regulation (including those relating to building and zoning) restricting,regulating,prohibiting,or relating to (a) the occupancy,use,or enjoyment of the Land; (b) the character,dimensions,or location of any improvement erected on the Land; (c) the subdivision of land;or (d) environmental protection if a notice,describing any part of the Land,is recorded in the Public Records setting forth the violation or intention to enforce,but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action,describing any part of the Land,is recorded in the Public Records,but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise,describing any part of the Land,is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. Countersigned by: 41V ttsu .. _ POOR 'o John Frattvw 1987 President and General Counsel v''•.t'yy.YO -Z�� l Craig Gol(es n erg Division P ' ent �er�ise rra;;ex SQcr�tar±t If you want Information about coverage or need assistance to resolve complaints,please call our toll free number: 1-800433-0014. If you make a claim under your policy,you must furnish wntten notice in accordance with Section 3 of the conditions. Visit our Word-Wide Web site at htto•//www StewartNewYork.com Serial No.: 0-8911-000830589 File No.:7122641 COVERED RISKS(Continued) 9. Title being vested other than as stated in Schedule A or being defective (i) to be timely,or (a) as a result of the avoidance in whole or in part,or from a court order (ii) to impart notice of its existence to a purchaser for value or to a providing an alternative remedy,of a transfer of all or any part of the judgment or lien creditor. title to or any interest in the Land occurring prior to the transaction 10. Any defect in or lien or encumbrance on the Title or other matter included in vesting Title as shown in Schedule A because that prior transfer Covered Risks 1 through 9 that has been created or attached or has been constituted a fraudulent or preferential transfer under federal filed or recorded in the Public Records subsequent to Date of Policy and bankruptcy,state insolvency,or similar creditors'rights laws;or prior to the recording of the deed or other instrument of transfer in the Public (b) because the instrument of transfer vesting Title as shown in Schedule Records that vests Title as shown in Schedule A. A constitutes a preferential transfer under federal bankruptcy, state The Company will also pay the costs,attorneys'fees,and expenses incurred in insolvency, or similar creditors'rights laws by reason of the failure of defense of any matter insured against by this Policy, but only to the extent its recording in the Public Records provided in the Conditions EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this policy, (b) not Known to the Company,not recorded in the Public Records at and the Company will not pay loss or damage,costs,attorneys'fees,or expenses Date of Policy,but Known to the Insured Claimant and not disclosed that arise by reason of: in writing to the Company by the Insured Claimant prior to the date 1 (a) Any law, ordinance, permit, or governmental regulation (including the Insured Claimant became an Insured under this policy; those relating to building and zoning)restricting, regulating, prohibiting,or (c) resulting in no loss or damage to the Insured Claimant, relating to (d) attaching or created subsequent to Date of Policy(however,this does (1) the occupancy,use,or enjoyment of the Land, not modify or limit the coverage provided under Covered Risk 9 and (ii) the character, dimensions, or location of any improvement 10),or erected on the Land; (e) resulting in loss or damage that would not have been sustained if the (iii) the subdivision of land;or Insured Claimant had paid value for the Title. (iv) environmental protection, 4. Any claim, by reason of the operation of federal bankruptcy, state or the effect of any violation of these laws, ordinances, or governmental insolvency,or similar creditors'rights laws,that the transaction vesting the regulations. This Exclusion 1(a)does not modify or limit the coverage provided Title as shown in Schedule A,is under Covered Risk 5. (a) a fraudulent conveyance or fraudulent transfer,or (b) Any governmental police power. This Exclusion 1(b)does not modify (b) a preferential transfer for any reason not stated in Covered Risk 9 of or limit the coverage provided under Covered Risk 6. this policy. 2 2. Rights of eminent domain. This Exclusion does not modify or limit the 5. Any lien on the Title for real estate taxes or assessments imposed by coverage provided under Covered Risk 7 or 8. governmental authonty and created or attaching between Date of Policy and 3. Defects,liens,encumbrances,adverse claims,or other matters the date of recording of the deed or other instrument of transfer in the Public (a) created,suffered,assumed,or agreed to by the Insured Claimant; Records that vests Title as shown in Schedule A. CONDITIONS 1. DEFINITION OF TERMS purposes. The following terms when used in this policy mean: (ii) With regard to(A),(B),(C),and(D)reserving, however,all (a) "Amount of Insurance"- The amount stated in Schedule A,as may rights and defenses as to any successor that the Company be increased or decreased by endorsement to this policy, would have had against any predecessor Insured. increased by Section 8(b),or decreased by Sections 10 and 11 of (e) "Insured Claimant": An Insured claiming loss or damage. these Conditions. (f) "Knowledge" or "Known": Actual knowledge, not constructive (b) "Date of Policy": The date designated as "Date of Policy" in knowledge or notice that may be imputed to an Insured by reason Schedule A. of the Public Records or any other records that impart constructive (c) "Entity". A corporation,partnership,trust,limited liability company, notice of matters affecting the Title. or other similar legal entity. (g) "Land": The land described in Schedule A, and affixed (d) "Insured": The Insured named in Schedule A. improvements that by law constitute real property. The term (i) The term"Insured"also includes "Land"does not include any property beyond the lines of the area (A) successors to the Title of the Insured by operation of described in Schedule A, nor any right, title, interest, estate, or law as distinguished from purchase, including heirs, easement in abutting streets,roads,avenues,alleys,lanes,ways, devisees,survivors,personal representatives,or next or waterways, but this does not modify or limit the extent that a of kin, right of access to and from the Land is insured by this policy. (B) successors to an Insured by dissolution, merger, (h) "Mortgage": Mortgage,deed of trust,trust deed,or other security consolidation,distribution,or reorganization; instrument, including one evidenced by electronic means (C) successors to an Insured by its conversion to another authorized by law. kind of Entity, (i) "Public Records" Records established under state statutes at (D) a grantee of an Insured under a deed delivered without Date of Policy for the purpose of imparting constructive notice of payment of actual valuable consideration conveying the Title matters relating to real property to purchasers for value and (1) if the stock,shares,memberships,or other equity without Knowledge. With respect to Covered Risk 5(d), "Public interests of the grantee are wholly-owned by the Records"shall also include environmental protection liens filed in named Insured, the records of the clerk of the United States District Court for the (2) if the grantee wholly owns the named Insured, district where the Land is located. (3) if the grantee is wholly-owned by an affiliated Entity U) "Title": The estate or interest described in Schedule A. of the named Insured,provided the affiliated Entity and (k) "Unmarketable Title": Title affected by an alleged or apparent the named Insured are both wholly-owned by the same matter that would permit a prospective purchaser or lessee of the person or Entity,or Title or lender on the Title to be released from the obligation to (4) if the grantee is a trustee or beneficiary of a trust purchase,lease,or lend if there is a contractual condition requiring created by a written instrument established by the the delivery of marketable title. Insured named in Schedule A for estate planning Serial No.: 0-8911-000830589 File No.: 7122641 CONDITIONS(Continued) 2. CONTINUATION OF INSURANCE Company all reasonable aid (r) in securing evidence, obtaining The coverage of this policy shall continue in force as of Date of Policy witnesses,prosecuting or defending the action or proceeding,or in favor of an Insured,but only so long as the Insured retains an estate effecting settlement, and (u) in any other lawful act that in the or interest in the Land, or holds an obligation secured by a purchase opinion of the Company may be necessary or desirable to money Mortgage given by a purchaser from the Insured,or only so long establish the Title or any other matter as insured. If the Company as the Insured shall have liability by reason of warranties in any transfer is prejudiced by the failure of the Insured to furnish the required or conveyance of the Title This policy shall not continue in force in cooperation,the Company's obligations to the Insured under the favor of any purchaser from the Insured of either(i)an estate or interest policy shall terminate, including any liability or obligation to in the Land,or(u)an obligation secured by a purchase money Mortgage defend, prosecute, or continue any litigation,with regard to the given to the Insured. matter or matters requiring such cooperation. (b) The Company may reasonably require the Insured Claimant to 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT submit to examination under oath by any authorized The Insured shall notify the Company promptly in writing(i)in case of representative of the Company and to produce for examination, any litigation as set forth in Section 5(a)of these Conditions,(ii)in case inspection,and copying,at such reasonable times and places as Knowledge shall come to an Insured hereunder of any claim of title or may be designated by the authorized representative of the interest that is adverse to the Title, as insured, and that might cause Company,all records,in whatever medium maintained,including loss or damage for which the Company may be liable by virtue of this books,ledgers,checks,memoranda,correspondence,reports,e- policy,or(iii)if the Title,as insured,is rejected as Unmarketable Title. If mails,disks,tapes,and videos whether bearing a date before or the Company is prejudiced by the failure of the Insured Claimant to after Date of Policy,that reasonably pertain to the loss or damage. provide prompt notice,the Company's liability to the Insured Claimant Further, if requested by any authorized representative of the under the policy shall be reduced to the extent of the prejudice. Company, the Insured Claimant shall grant its permission, in writing, for any authorized representative of the Company to 4. PROOF OF LOSS examine,inspect,and copy all of these records in the custody or In the event the Company is unable to determine the amount of loss or control of a third party that reasonably pertain to the loss or damage, the Company may, at its option, require as a condition of damage. All information designated as confidential by the Insured payment that the Insured Claimant furnish a signed proof of loss. The Claimant provided to the Company pursuant to this Section shall proof of loss must describe the defect, lien, encumbrance, or other not be disclosed to others unless,in the reasonable judgment of matter insured against by this policy that constitutes the basis of loss or the Company, it is necessary in the administration of the damage and shall state,to the extent possible,the basis of calculating claim. Failure of the Insured Claimant to submit for examination the amount of the loss or damage under oath, produce any reasonably requested information, or grant permission to secure reasonably necessary information 5. DEFENSE AND PROSECUTION OF ACTIONS from third parties as required in this subsection,unless prohibited (a) Upon written request by the Insured, and subject to the options by law or governmental regulation,shall terminate any liability of contained in Section 7 of these Conditions,the Company, at its the Company under this policy as to that claim. own cost and without unreasonable delay, shall provide for the defense of an Insured in litigation in which any third party asserts 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; a claim covered by this policy adverse to the Insured. This TERMINATION OF LIABILITY obligation is limited to only those stated causes of action alleging In case of a claim under this policy, the Company shall have the matters insured against by this policy. The Company shall have following additional options, the right to select counsel of its choice(subject to the right of the (a) To Pay or Tender Payment of the Amount of Insurance. To pay Insured to object for reasonable cause)to represent the Insured or tender payment of the Amount of Insurance under this policy as to those stated causes of action. It shall not be liable for and together with any costs,attorneys'fees,and expenses incurred by will not pay the fees of any other counsel. The Company will not the Insured Claimant that were authorized by the Company up to pay any fees,costs,or expenses incurred by the Insured in the the time of payment or tender of payment and that the Company defense of those causes of action that allege matters not insured is obligated to pay. Upon the exercise by the Company of this against by this policy. option,all liability and obligations of the Company to the Insured (b) The Company shall have the right, in addition to the options under this policy,other than to make the payment required in this contained in Section 7 of these Conditions, at its own cost, to subsection,shall terminate,including any liability or obligation to institute and prosecute any action or proceeding or to do any other defend,prosecute,or continue any litigation. act that in its opinion may be necessary or desirable to establish (b) To Pay or Otherwise Settle With Parties Other Than the Insured the Title,as insured,or to prevent or reduce loss or damage to the or With the Insured Claimant. Insured. The Company may take any appropriate action under (i) To pay or otherwise settle with other parties for or In the the terms of this policy, whether or not it shall be liable to the name of an Insured Claimant any claim insured against Insured. The exercise of these rights shall not be an admission of under this policy_ In addition, the Company will pay any liability or waiver of any provision of this policy. If the Company costs,attomeys'fees,and expenses incurred by the Insured exercises its rights under this subsection,it must do so diligently. Claimant that were authorized by the Company up to the (c) Whenever the Company brings an action or asserts a defense as time of payment and that the Company is obligated to pay; required or permitted by this policy,the Company may pursue the or litigation to a final determination by a court of competent (u) To pay or otherwise settle with the Insured Claimant the loss jurisdiction, and it expressly reserves the right, in its sole or damage provided for under this policy,together with any discretion,to appeal any adverse judgment or order. costs,attomeys'fees,and expenses incurred by the Insured Claimant that were authorized by the Company up to the 6. DUTY OF INSURED CLAIMANT TO COOPERATE time of payment and that the Company is obligated to pay. (a) In all cases where this policy permits or requires the Company to Upon the exercise by the Company of either of the options prosecute or provide for the defense of any action or proceeding provided for in subsections(b)(r)or(ii),the Company's obligations and any appeals, the Insured shall secure to the Company the to the Insured under this policy for the claimed loss or damage, right to so prosecute or provide defense in the action or other than the payments required to be made, shall terminate, proceeding,including the right to use, at its option,the name of including any liability or obligation to defend, prosecute, or the Insured for this purpose. Whenever requested by the continue any litigation. Company,the Insured,at the Company's expense,shall give the 11 Serial No.: 0-8911-000830589 File No.: 7122641 CONDITIONS(Continued) 8. DETERMINATION AND EXTENT OF LIABILITY (b) The Company's right of subrogation includes the rights of the This policy is a contract of indemnity against actual monetary loss or Insured to indemnities,guaranties,other policies of insurance,or damage sustained or incurred by the Insured Claimant who has bonds,notwithstanding any terms or conditions contained in those suffered loss or damage by reason of matters Insured against by this instruments that address subrogation rights. policy. (a) The extent of liability of the Company for loss or damage under this policy shall not exceed the lesser of (i) the Amount of Insurance;or (ii) the difference between the value of the Title as insured and 14. ARBITRATION the value of the Title subject to the risk insured against by Either the Company or the Insured may demand that the claim or this policy controversy shall be submitted to arbitration pursuant to the Title (b) If the Company pursues its rights under Section 5 of these Insurance Arbitration Rules of the American Land Tale Association Conditions and is unsuccessful in establishing the Title, as ('Rules"). Except as provided in the Rules,there shall be no joinder or insured, consolidation with claims or controversies of other persons. Arbitrable (1) the Amount of Insurance shall be increased by 10%,and matters may include, but are not limited to, any controversy or claim (ii) the Insured Claimant shall have the right to have the loss or between the Company and the Insured ansing out of or relating to this damage determined either as of the date the claim was policy,any service in connection with its issuance or the breach of a made by the Insured Claimant or as of the date it is settled policy provision,or to any other controversy or claim ansing out of the and paid. transaction giving rise to this policy. All arbitrable matters when the (c) In addition to the extent of liability under(a)and(b),the Company Amount of Insurance is $2,000,000 or less shall be arbitrated at the will also pay those costs,attorneys'fees,and expenses incurred option of either the Company or the Insured.All arbitrable matters when in accordance with Sections 5 and 7 of these Conditions. the Amount of Insurance is in excess of$2,000,000 shall be arbitrated only when agreed to by both the Company and the Insured. Arbitration 9. LIMITATION OF LIABILITY pursuant to this policy and under the Rules shall be binding upon the (a) If the Company establishes the Title, or removes the alleged parties. Judgment upon the award rendered by the Arbitrator(s)may defect,lien,or encumbrance,or cures the lack of a right of access be entered in any court of competent jurisdiction. to or from the Land,or cures the claim of Unmarketable Title,all as insured, in a reasonably diligent manner by any method, 15. LIABILITY LIMITED TO THIS POLICY;POLICY ENTIRE including litigation and the completion of any appeals,it shall have CONTRACT fully performed its obligations with respect to that matter and shall (a) This policy together with all endorsements,if any,attached to it by not be liable for any loss or damage caused to the Insured. the Company is the entire policy and contract between the Insured (b) In the event of any litigation,including litigation by the Company and the Company. In interpreting any provision of this policy,this or with the Company's consent, the Company shall have no policy shall be construed as a whole. liability for loss or damage until there has been a final (b) Any claim of loss or damage that arises out of the status of the determination by a court of competent jurisdiction,and disposition Title or by any action asserting such claim shall be restricted to of all appeals,adverse to the Tale,as insured. this policy. (c) The Company shall not be liable for loss or damage to the Insured (c) Any amendment of or endorsement to this policy must be in writing for liability voluntarily assumed by the Insured in settling any claim and authenticated by an authorized person, or expressly or suit without the prior written consent of the Company. incorporated by Schedule A of this policy. (d) Each endorsement to this policy issued at any time is made a part 10. REDUCTION OF INSURANCE;REDUCTION OR TERMINATION OF of this policy and is subject to all of its terms and LIABILITY provisions. Except as the endorsement expressly states,it does All payments under this policy, except payments made for costs, not(i) modify any of the terms and provisions of the policy, (il) attorneys'fees,and expenses,shall reduce the Amount of Insurance modify any prior endorsement, (iii)extend the Date of Policy,or by the amount of the payment. (iv)increase the Amount of Insurance. 11. LIABILITY NONCUMULATIVE 18. SEVERABILITY The Amount of Insurance shall be reduced by any amount the Company In the event any provision of this policy,in whole or In part,is held invalid pays under any policy insuring a Mortgage to which exception is taken or unenforceable under applicable law,the policy shall be deemed not in Schedule B or to which the Insured has agreed,assumed,or taken to include that provision or such part held to be invalid, but all other subject, or which is executed by an Insured after Date of Policy and provisions shall remain in full force and effect. which is a charge or lien on the Title,and the amount so paid shall be deemed a payment to the Insured under this policy. 17. CHOICE OF LAW;FORUM (a) Choice of Law: The Insured acknowledges the Company has 12. PAYMENT OF LOSS underwritten the risks covered by this policy and determined the When liability and the extent of loss or damage have been definitely premium charged therefore in reliance upon the law affecting fixed in accordance with these Conditions,the payment shall be made interests in real property and applicable to the interpretation, within 30 days rights, remedies, or enforcement of policies of title insurance of the jurisdiction where the Land is located. 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT Therefore, the court or an arbitrator shall apply the law of the (a) Whenever the Company shall have settled and paid a claim under jurisdiction where the Land is located to determine the validity of this policy,it shall be subrogated and entitled to the rights of the claims against the Title that are adverse to the Insured and to Insured Claimant in the Title and all other rights and remedies in interpret and enforce the terms of this policy. In neither case shall respect to the claim that the Insured Claimant has against any the court or arbitrator apply its conflicts of law principles to person or property,to the extent of the amount of any loss,costs, determine the applicable law. attorneys'fees,and expenses paid by the Company. If requested (c) Choice of Forum: Any litigation or other proceeding brought by by the Company,the Insured Claimant shall execute documents the Insured against the Company must be filed only in a state or to evidence the transfer to the Company of these rights and federal court within the United States of America or its territories remedies. The Insured Claimant shall permit the Company to sue, having appropriate jurisdiction. compromise,or settle in the name of the Insured Claimant and to use the name of the Insured Claimant in any transaction or 18. NOTICES,WHERE SENT litigation involving these rights and remedies. If a payment on Any notice of claim and any other notice or statement in writing required to account of a claim does not fully cover the loss of the Insured be given to the Company under this policy must be given to the Company at Claimant, the Company shall defer the exercise of its right to Claims Department at 300 East 42nd St,I 01h Floor,New York,NY 10017. recover until after the Insured Claimant shall have recovered its loss. 11 Serial No.: 0-8911-000830589 File No.: 7122641 6 Policy Number: 0-8911-000830589 SteWan t1t10 Date of Policy: December 18, 2018 File Number: 7122641 Name and Address of Title Insurance Company: Stewart Title Insurance Company 300 East 42nd Street, 10th Floor New York, NY 10017 SCHEDULE A— CERTIFICATION Amount of Insurance: $1,603,462,50 1. Name of Insured: Town of Southold 2. The estate or interest in the Land that is insured by this policy is: Easement 3. Title is vested in: Town of Southold who acquired title by Development Rights Easement from James Michael McBride and Richard James McBride dated 12/18/018 to be duly recorded in the Suffolk County Clerk's/Registers Office. 4. The Land referred to in this policy is described as follows: See Schedule A Description, attached hereto and made e part hereof. District: 1000 Section: 083.00 Block: 02.00 P/O Lot: 016.000 - Schedule A Certification�I age 1 of 1) - stewart M ° Policy Number: 0-8911-000830589 Date of Policy: December 18, 2018 File Number: 7122641 SCHEDULE A— DESCRIPTION DEVELOPMENT RIGHTS EASEMENT AREA TO BE INSURED: All that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Cutchogue, Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on northerly side of Oregon Road being 977.04 feet easterly from the corner formed by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE northwesterly from said point of beginning and along northerly line of lands now or formerly of E & C Property Holding II Inc., North 42 degrees 24 minutes 02 seconds West 382.82 feet to the True point of BEGINNING. RUNNING THENCE along the division line between premises described herein and lands now or formerly of E & C Property Holding II Inc., North 42 degrees 24 minutes 02 seconds West 2,128.04 feet to a point, where the same is intersected by the division line between premises herein and lands now or formerly of E & C Property Holding; RUNNING THENCE along said division line South 89 degrees 10 minutes 42 seconds East 724.62 feet to a point, where the same is intersected by the division line between premises herein and lands now or formerly of Steven Zuhoski & David Zuhoski County of Suffolk (Development Rights); RUNNING THENCE along said division line South 44 degrees 28 minutes 48 seconds East 1,611.57 feet to a point; RUNNING THENCE southwesterly South 45 degrees 31 minutes 12 seconds West 586.90 feet to the point or place of BEGINNING. FOR INFORMATION ONLY: RESERVE AREA All that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Cutchogue, Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on northerly side of Oregon Road being 977.04 feet easterly from the corner formed by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE from said point of beginning along the division line between premises described herein and lands now or formerly of E & C Property Holding II Inc. North 42 degrees 24 minutes 02 seconds West 382.82 feet to a point; RUNNING THENCE northeasterly North 45 degrees 31 minutes 12 seconds East 586.90 feet to a point -Schedule A Description(Page 1 of 3) - stewart mil i Policy Number: 0-8911-000830589 Date of Policy: December 18, 2018 File Number: 7122641 on the division line between premises herein and lands now or formerly of Steven Zuhoski &David Zuhoski County of Suffolk (Development Rights); RUNNING THENCE along said division line and along the division line with lands now or formerly of Steven Zuhoski & David Zuhoski, and lands now and formerly of Lucille Zuhoski, South 44 degrees 28 minutes 48 seconds East 651.97 feet to a point on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road, South 69 degrees 40 minutes 20 seconds West 250.00 feet to a point; RUNNING THENCE North 20 degrees 19 minutes 40 seconds West 165.00 feet to a point; RUNNING THENCE South 69 degrees 40 minutes 20 seconds West 255.00 feet to a point; RUNNING THENCE South 20 degrees 19 minutes 40 seconds East 165.00 feet to a point on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road, South 69 degrees 40 minutes 20 seconds West 153.43 feet to the point or place of BEGINNING. FOR INFORMATION ONLY: OVERALL DESCRIPTION All that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Cutchogue, Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on northerly side of Oregon Road being 977.04 feet easterly from the corner form by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE from said point of beginning along the division line between premises described herein and lands now or formerly of E & C Property Holding II Inc. North 42 degrees 24 minutes 02 seconds West 2,510.86 feet to a point, where the same is intersected by the division line between premises herein and lands now or formerly of E & C Property Holding; RUNNING THENCE along said division line South 89 degrees 10 minutes 42 seconds East 724.62 feet to a point, where the same is intersected by the division line between premises herein and lands now or formerly of Steven Zuhoski & David Zuhoski County of Suffolk (Development Rights); RUNNING THENCE along said division line and along the division line with lands now or formerly of Steven Zuhoski & David Zuhoski, and lands now and formerly of Lucille Zuhoski, South 44 degrees 28 minutes 48 seconds East 2,263.54 feet to a point on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road, South 69 degrees 40 minutes 20 seconds West 250.00 feet to a point; - Schedule A Description(Page 2 of 3) - stewart 1tio Policy Number: 0-8911-000830589 Date of Policy: December 18, 2018 File Number: 7122641 RUNNING THENCE North 20 degrees 19 minutes 40 seconds West 165.00 feet to a point; RUNNING THENCE South 69 degrees 40 minutes 20 seconds West 255.00 feet to a point; RUNNING THENCE South 20 degrees 19 minutes 40 seconds East 165.00 feet to a point on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road, South 69 degrees 40 minutes 20 seconds West 153.43 feet to the point or place of BEGINNING. -Schedule A Description(Page 3 of 3) - ste w�vYG�rt }it1tcs Policy Number:0-8911-000830589 4. Date of Policy: December 18, 2018 File Number: 7122641 SCHEDULE B EXCEPTIONS FROM COVERAGE This policy does not insure against loss or damage and the Company will not pay costs, attorneys'fees or i expenses that arise by reason of: 1. Policy excepts all water/sewer charges from date of the last actual reading of the meter including all charges entered hereafter but which might include usage prior to the date of this policy. 2. Survey exceptions as to Development Rights Easement Area as shown on survey made by Nathan Taft Corwin III Land Surveyor, last dated 8/22/2018 (Job Number 38-178-1): a. No variations or encroachments found. 3. An agricultural exemption is shown on the tax search herein and upon cancellation of the exemption the taxing authority may reinstate taxes for periods prior to the date of transfer of the premises and/or prior to the date of cancellation of the exemption. No liability is assumed for any re-imposition of taxes. 4. Policy will except the terms and conditions of the Development Rights Easement. 5. Policy excepts 2018/2019 1111 Half Town and School Taxes, as a lien not yet due. -Schedule B Part I(Page 1 of 1) - SteWart rdi Policy Number: 0-3911-000330539 Date of Policy: December 13, 2013 File Number: 7122641 STANDARD NEW YORK ENDORSEMENT (Owner's Policy) 1. The following is added as a Covered Risk: "11. Any statutory lien arising under Article 2 of the New York Lien Law for services, labor or materials furnished prior to the date hereof, and which has now gained or which may hereafter gain priority over the estate or interest of the insured as shown in Schedule A of this policy." 2. Exclusion Number 5 is deleted, and the following is substituted: 5. Any,lien on the Title for real estate taxes, assessments,water charges or sewer rents imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as Shown in Schedule A. This endorsement is issued as part of the policy. Except as it expressly states, it does not(i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. Countersigned By: �,//1Z ti c John Frates o�'� P�04 President and General Counsel m � 1987 4 Morif d f31f]ftc o Agent * * Denise allaux Secretary Stewart Title Insurance Company 300 East 42nd St., 10th Fl New York, New York 10017 STANDARD NEW YORK ENDORSEMENT(7/01/12) FOR USE WITH ALTA OWNER'S POLICY(6-17-06) I stewart t1t10 Policy Number: 0-8911-000830589 Date of Policy: December 18, 2018 Pile Number: 7122641 POLICY AUTHENTICATION ENDORSEMENT When the policy is issued by the Company with a policy number and Date of Policy, the Company will not deny liability under the policy or any endorsements issued with the policy solely on the grounds that the policy or endorsements were issued electronically or lack signatures in accordance with the Conditions. This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls. Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. Countersigned 13y: a ��� John Frates President and General Counsel a 1987 y(s y�%Y����b pori ed (51ffic o Agent *$t* Denise arraux Secretary Stewart Title Insurance Company 60 East 42nd St., Suite 1260 New York, New York 10165 TIRSA POLICY AUTHENTICATION ENDORSEMENT(6/24/2016) ' CC# : C19-1560 ti �eP 4�',WtIST'e COUNTY CLERK'S OFFICE STATE OF NEW YORK COUNTY OF SUFFOLK I, JUDITH A. PASCALE, Clerk of the County of Suffolk and the Court of Record thereof do hereby certify that I have compared the annexed with the original DECLARATION recorded in my office on 01/09/2019 under Liber D00012996 and Page 069 and, that the same is a true copy thereof, and of the whole of such original. In Testimony Whereof, I have hereunto set my hand and affixed the seal of said County and Court this 01/09/2019 SUFFOLK COUNT/Y� CLERK JUDITH A.PASCALE SEAL. �. J I IIIIIII IIII VIII VIII VIII VIII VIII VIII VIII IIII IIII 111111 VIII VIII IIII IIII SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DECLARATION Recorded: 01/09/2019 Number of Pages : 8 At: 04 :08 :25 PM Receipt Number : 19-0005363 LIBER: D00012996 PAGE : 069 District: Section: Block: Lot: 1000 083. 00 02 . 00 016 . 001 EXAMINED AND CHARGED AS FOLLOWS Received the Following Fees For Above Instrument Exempt Exempt Page/Filing $40 . 00 NO Handling $20 .00 NO COE $5. 00 NO NYS SRCHG $15 .00 NO TP-584 $0 .00 NO Notation $0 .00 NO Cert.Copies $10 . 00 NO RPT $400 . 00 NO Fees Paid $490 . 00 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL JUDITH A. PASCALE County Clerk, Suffolk County RECORDED Number of pages 1019 jar, OQ 04,08:25 pt°1 T>>�t a i1_ 'Fii-i i TORRENS CLrr Serial# _UIF OLK COUWT%° Certificate# 065, Prior Ctf. # Deed/Mortgage Instrument Deed/Mortgage Tax Stamp Recording/Filing Stamps 3 FEES • Page/Filing Fee Mortgage Amt. Handling 00 1. Basic Tax 2. Additional Tax TP-584 Sub Total Notation Spec./Assit. or EA-'52'17 (County) Sub Total 1J Spec. /Add. EA-5217 (Sta TOT. MTG.TAX R.P.T.S.A. ® � ' cc Dual Town Dual County M Held for Appointment Comm. of Ed. 5. 00 Transfer Tax Affidavit ��1,✓�� — �a � , Mansion Tax P J.S�„9No knQQ� Certified Copy ' ��� The property covered by this mortgage is or will be improved by a one or two NYS Surcharge 15. 00family dwelling on . Sub Total � ly. YES NO > Other Grand Total If NO, see appropriate tax clause on page# of this instrument. 4 1 Dist&," 5 Community Preseivation Fund 3791970 Real Property P T S Consideration Amount $ Tax Service R CWFI A II�IIIIII�I�III�IIWII�II�II� Agency 08-JAN49 CPF Tax Due $ 'Verification Improved Vacant Land 6 1 Satisfactions/Discharges/Releases List Property Owners Mailing Address RECORD & RETURN TO: TD WOM-e�-J ) Lafham Shea., Kf,ll , Ddbi n, OM(t rd-(6LLP TD TD 3 est D Si-r�� V 7 Title Company Information Co. Name Title# /Z2 8 Suffolk County Recordin & Endorsement Page- , This page forms part of the attached j ,cLgra�/' QT G. yCaoa(5 Q,,yid made by: Rc'chard-arnes (SPECIFY TYPE OF INSTRUMENT) ����� and The premises herein is situated in MC �f SUFFOLK COUNTY, NEW YORK. 1- TO �Qu�ylO G ouin of 300&/d In the Township of In the VILLAGE r y� ` or HAMLET of w" hb Ul, BOXES 6 THRU 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. (over) T v ( Stat ID: 3791970 CWH A 08-JAN-19 Tax Maps District Secton ,Block Lot School District V6 1000 08300 0200 016001 1000 08300 0200 016002 V DECLARATION OF COVENANTS AND RESTRICTIONS THIS DECLARATION, made-as of the 181 day of December, 2018, by RICHARD JAMES MCBRIDE and JAMES MICHAEL MCBRIDE, with an address of 10415 Oregon Road, Cutchogue,New York 11935,hereinafter referred to as the "DECLARANT. WITNESSETH: WHEREAS, DECLARANT is the owner of certain real property situate at 10725 Oregon Road, Cutchogue,in the Town of Southold, County of Suffolk and State of New York designated as SCTM#1000-83-2-16, and shown on a survey prepared by Nathan Taft Corwin, III, Land Surveyor, dated August 22, 2018 (the "Survey"),ea reduced copy of which is attached hereto and made a part hereof, and described in the metes and bounds description attached as Exhibit'"A" and made a part hereof(the"Property"); and * �u 6.,6,+ 0 WHEREAS,the Survey shows a"Town of Southold Development Rights Easement Area" of 23.755 acres (the"Easement Area") and a"Reserve Area" of 6.107 acres, both described in the metes and bounds descriptions attached as Exhibit`B" and"C",respectively; and I , WHEREAS,the DECLARANT has granted to the Town of Southold a Grant of Development Rights Easement dated December 18, 2,018 for part of SCTM#1000-83-2-16; and WHEREAS, for and in consideration of the acceptance of the Grant of Development Rights Easement,the Town Board of the Town of Southold(the"Town Board")has deemed it in the best interests of the Town of Southold(the"Town") and the owner and prospective owners of the Property that the within covenants and restrictions be imposed on the Property, and, as a condition of the acceptance of the Grant of Development Rights Easement,the Town Board has required that the within Declaration be recorded in the Suffolk County Clerk's Office; and WHEREAS,the DECLARANT has considered the foregoing and has determined that this Declaration of Covenants and Restrictions will be in the interests of the DECLARANT and subsequent owners of the Property; and NOW, THEREFORE, be it declared as follows: The DECLARANT, for the purpose of carrying out the intentions above expressed does hereby make known, admit,publish, covenant and agree that the Property shall hereinafter be subject to the covenants and restrictions as set forth herein,which shall run with the land and shall be binding upon all purchasers and holders of the Property,their heirs, executors, legal representatives, distributees, successors and assigns,to wit: DECLARANT may make an application for subdivision or separation or for any other relief from the Town of Southold that would allow the subdivision of the Reserve Area from the Easement Area but such application shall be conditioned on an area of a minimum of 80,000 square feet remaining part of the Easement Area. These covenants and restrictions shall be construed to be in addition to and not in derogation or limitation upon any local, state, and federal laws, ordinances, regulations or provisions in effect at the time of execution of this Declaration, or at the time such laws, ordinances, regulations and/or provisions may hereafter be revised, amended or promulgated. These covenants and restrictions shall be enforceable by the Town of Southold, by injunctive relief or any other remedy in equity or at law. The failure of the Town of Southold or any of its agencies to enforce same shall not be deemed to affect the validity of this covenant nor to impose any liability whatsoever upon the Town of Southold or any officer or employee thereof. If any section, subsection,paragraph, clause, phrase or provision of these covenants and restrictions shall,by a Court of competent jurisdiction, be adjudged illegal,unlawful, invalid or held to be unconstitutional, the same shall not affect the validity of these covenants as a whole or any other part or provision hereof other than the part so adjudged to be illegal, unlawful, invalid, or unconstitutional. This Declaration is made subject to the provisions of all laws required by law or by their provisions to be incorporated herein and they are deemed to be incorporated herein and made a part hereof, as though fully set forth. This Declaration shall run with the land and shall be binding upon DECLARANT, its successors and assigns, and upon all persons or entities claiming under them, and may not be annulled, waived, changed, modified,terminated,revoked or amended by subsequent owners of the Property unless and until approved by a majority plus one vote of the Town Board or its legal successor, following a public hearing. IN WITNESS WHEREOF, the DECLARANT above named has duly executed the foregoing Declaration the day and year first above written. By: Richard James McBride, Seller 01 By: James Michael McBride, Se ler J � r STATE OF NEW YORK) ) ss.. COUNTY OF SFFOLK) On the LAd—ay of December, 2018,before-me,the undersigned,personally appeared RICHARD JAMES MCBRIDE,personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument,the individual, or the person upon behalf of which the individual acted, executed the instrument. Notary Public TARA M.DOWD Notary PubK State of New York Reg.No.01 D06070607 ou ew in&rfbk County CommiWon F)fres 03104120 STATE OF NEW YORK) ) ss.. COUNTY OF SUFFOLK) On the%a-y of December, 2018, before me,the undersigned, personally appeared JAMES MICHAEL MCBRIDE,personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. Notary Public TARA M.DOWD Notary Put6fState of New York Reg.No.01 D06070607 Quat W in Suffotk County Corrxr"on fires 03104J2 zz Shea, l4tl ley, ��bi� f-k����b jUp B" NOD s �83,as 4n:bi�a Gu.fICC kcmIDtri���i L• n)61 opo 33 We5+SCCDnd.5tree Wff-55: 1 b-TZ6 0fgM Rd. P-0, bo)(G39!K. CDon-K%, so-�lk -ToWn- o j d stewart i.ruo Title Number: 7122641 A - OVERALL- DESCRIPTION All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected, situate,lying and being at Cutchogue,Town of Southold,County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on northerly side of Oregon Road being,977.04 feet easterly from the corner form by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE from said point of beginning along the division line between premises described herein and lands now or formerly of E&C Property Holding II Inc.North 42 degrees 24 minutes 02 seconds West 2,510.86 feet to a point,where the same is intersected by the division line between premises herein and-lands now or formerly of E&C Property Holding, RUNNING THENCE along said division line South 89 degrees 10 minutes 42 seconds East 724.62 feet to a point.where the same is intersected by the division line between premises herein and lands now or formerly of Steven Zuhoski&David Zuhoski County of Suffolk(Development Rights); RUNNING THENCE along said division line and along the division line with lands now or formerly of Steven Zuhoski&David Zuhoski,and lands now and formerly of Lucille Zuhoski,South 44 degrees 28 minutes 48 seconds East 2,263.54 feet to appoint on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road,South 69 degrees 40 minutes 20 seconds West 250.00 feet to a point; RUNNING THENCE North 20 degrees 19 minutes 40 seconds West 165.00 feet to a point; RUNNING THENCE South 69 degrees 40 minutes 20 seconds West 255.00 feet to a point; RUNNING THENCE South 20 degrees 19 minutes 40 seconds East 165.00 feet to a point on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side of said Oregon Road,South 69 degrees 40 minutes 20 seconds West 153.43 feet to the point or place of BEGINNING. FOR CONVEYANCING ONLY:TOGETHER with all right,title and interest of the party of the first part,of,in and to any streets and roads abutting the above described premises to the center lines thereof. 6 Vxh I ewartwo+ Title Number:7122641 _ - EASEMENT AREA DESCRIPTION All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected, aihiate,114ng and being at.Cutchogue.Town of Southold,County of Suffolk and State of New York, bounded and descxibed as follows: BEGINNIl'G at a point on northerly side of Oreton Road being 977.04 feet easterly from the corner form by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE northwesterly from said point of beginning and along northerly line of lands now or formerly of E&C Property Holding 11 Inc.,North 42 degrees 24 minutes 02 seconds West 382.8'2 feet to the True point of BEGINNING. RUNN71NCY THENCE along the division line between premises described herein and lands now or formerly of E&C Property Holding II Inc.,North 42 degrees 24 minutes 02 seconds West 2,128.04 feet to a point,where the same is intersected by the division line between premises herein and lands now or formerly of E&C Property Holding; RUNNING THENCE along said division line South 89 degrees 10 minutes 42 seconds East 724.62 feet to a point,where the same is intersected by the division line between premises herein and lands now or formerly of Steven Zuhoski&David Zuhoski County of Suffolk(Development Rights); RUNNING THENCE along said division line South 44 degrees 28 minutes 48 seconds East 1.611.57 feet to a point; RUNNING THENCE southwesterly South 4,5 degrees 31 minutes 12 seconds West.586.90 feet to t:he point or place of BEGINNING. FOR OONVEYANC=ONLY:TOGETHER with all right,title and interest of the party oft he first part',of,in and to anystreets and roads abutting the above described premises to the center Imes thereof. i c- stewart No Title Number:7122641 SCREDUIE-G- RESERVE AREA DESCRIPTION e2ll that certain plot,piece or parcel of land with the.:buildings and improvements thereon erected, situate,lying and being at Cutchogue,Town of Southold.County of Suffolk and State of New York, hounded and described as follows: BEGINNING at.it point on northerly side of Oregon Road being 977-04 feet easterly from the corner form by the intersection of northeasterly side of Duck Pond Road and northerly side of Oregon Road; RUNNING THENCE from said point of beginning along the division line between preinises described herein and lands now or formerly of B&C Property Holding 11 Inc.North 4 2 degrees 24 minutes 02 seconds West 382.82 feet to a point; RUNNING THI NCE northeasterly North 45 degmes 31 minutes 17 seconds East 586.90 feet to a point on the division line between premises herein and lands now or formerly of Steven Zuhoski&David Zuhoski County of Suffolk(Development Rights); RUNNING THENCE along said division line and along the division line with lands now or formerly of Steven Zuhoski&David ZuhoskL and lands now and formerly of Lucille Zuhoski.South 44 degrees 28 minutes 48 seconds Cast 6.51.97 feet to appoint on northerly side of Oregon Road; RUNNING THENCE southwesterly along northerly side.of said Oregon Road,South 69 degrees 40 minutes 20 seconds West 250.00 feet to a point; RUNNING THENCE North 20 degrees 19 minutes 40 seconds West 165.00 feat,to a point; RUNNING THENCE South 69 degrees 40 minutes 20 seconds West 255.00 feet to a-point; RUNNING THENCE South 20 degrees 19 minutes 40 seconds East 165.00 feet to a point on northerly side of Oregon Road; RUINWNG THENCE southwesterly along northerly side of said Oregon Road.South 69 degrees 40 minutes 20 seconds West 153.43 feet to the point or place of BEGINNING. FOR CONVEYANCING ONLY:TOGETHER with all right,title and interest of the party of the first part,of,in and to any streets and roads abutting the above described premisesto the center lines thereof. a11BJ[Ci � s 89•IG•.r E „� \\\ \ Z 2. 724 XEY,K 4f.4P a, SURVEY OF PROPERTY SITUATE SOUTHOLD TOWN OF SOUTHOLD SUFFOLK COUNTY, NEW YORK S C TAX No. 1000-83-02-16 SCALE 1"=100' AUGUST 22-2018 TOTAL LOT AREA=1,300.795 aq fl 29 852 ae. y Lanri..0 "34b}a Tn'cnA,a amn'Ws Jeva.M.NvN Y<9'lorifA DEVELOPMENT RIGHTS EASEMENT AREA 1,034,756 aq f1 23 755 ac *lv_ 4 RESERVE AREA /-/ '✓ 266,039 sage ff. BgCETAL- / 6.107 SCALE 1"=40' � �\ b ^< g� OAD OR>:GO'� R �4•`.% ooT� ROAD _ ,, m Nathan Taft Corwin N ORF' Land Surveyor L'd S 69'40'20" _r ,nm::$1G'!.".. CLOSING STATEMENT RICHARD JAMES McBRIDE and JAMES MICHAEL McBRIDE to TOWN OF SOUTHOLD part of SCTM #1000-83.-2-16 Total Development Rights Easement— 23.755 acres Total Parcel Acreage — 29.862 acres Reserve Area — 6.107 acres Premises: 10725 Oregon Road, Cutchogue Closing took place on Tuesday, December 18, 2018 at 1:30 p.m., Southold Town Hall Annex --------------------------------------------------------------------------------------------------------------- Purchase Price of $ 1,603,462.50 (based upon 23.755 buildable acres @ $67,500 per buildable acre) disbursed as follows: Payable to Lark & Folts, As Attorneys $ 1,603,462.50 Check #137945 (12/18/2018) Expenses of Closing: Appraisals Payable to Brunswick Appraisal Corp. $ 2,500.00 Check #135708 (5/8/2018) Payable to Given Associates $ 1,700.00 Check (12/2002) Survey Payable to Nathan Taft Corwin Surveyor $ 1,500.00 Check #137954 (12/18/2018) Environmental Report (Phase I ESA) Payable to Cashin Technical Services, Inc. $ 1,100.00 Check #137168 (10/9/2018) Title Report #7122641 Payable to Stewart Title Insurance $ 7,593.00 Check #137995 (12/18/2018) Title insurance policy $ 6718 Recording easement $ 410 Recording C&R's $ 315 Certified copies 150 $ 7593 Title Closer Attendance Fee Payable to Tara Ryan $ 150.00 Check #137978 (12/18/2018) Those present at Closing: Lisa Clare Kombrink, Esq. Attorney for Town of Southold Richard F. Lark, Esq. Attorney for Seller Richard James McBride Seller James Michael McBride Seller Tara Ryan Title Company Closer Melissa Spiro Land Preservation Coordinator Melanie Doroski Land Preservation Sr Adm Asst TOWN OF SO UTHOLD a VENDOR 011792 LARK & FOLTS 12/18/2018 CHECK 137945 # A is ' FUND & ACCOUNT P.O.# INVOICE DESCRIPTION 'AMOUNT i CM .8660.2 .600.100 121818 MCBRIDE-23.755A DEV RG 1,603,462.50 TOTAL 1,603,462.50 I �+i 1h i 'tt -Tp t I h''1181 1 1 X5.4^. s "'3 i I ;i `yr t,cdj ,1 TOWN OF SOUTHOLDAUDIT, 12/3,8-/18 53095 AIN ROAD,PO BOX 1179 1 11 4r*.I SOUTHOLD,,NY 11971-0959 - CHECK'NO. 137945 THE SUFFOLK CO NATIONAL BANK } i CUTCHOGUE,NY 11935 DATE AMOUNT ys'} ' 5D-5481214 12/18/'2018 $1,_603,;;4'6,2 .50 ' -'ONE MILLION SIX HUNDRED THREE THO.USAND' FOUR -HUNDRED SIXTY--TWO-"AND 5'0/1°0_Q, _ -DOLLARS f'1 ; PAY LARK & FOLTS TO THE t;at AS ATTORNEYS` _ ns' � f ORDER -PO, BOX 973' CUTCHOGUE NY 11935 14 `as , 11" 13794511' 1:02 '14054G41: 63 000004 Oil' :=>`i BRUNSWICK APPRAISAL CORP. REAL ESTATE APPRAISERS AND CONSULTANTS P.O.BOX 674 ROCKVILLE CENTRE,NEW YORK 11571-0674 (516)608-8877/(631)421-2344 FAX(631)424-9246 e-mail: elinor@brunswickappraisal.com Elinor Brunswick,MAI Armand Brunswick,MAI State Certified General Appraiser 1881-1960 Sanford S.Brunswick 1922-2013 April 17, 2018 Town of Southold Department of Land Preservation Southold Town Hall Annex 54375 State Route 25 P.O. Box 1179 Southold, New York 11971-0959 Attention: Melissa A.Spiro, Land Preservation Coordinator RE: McBride Property 1000-83-2-16 10725 Oregon Road, Mattituck, New York 11935 INVOICE-1000-35 Appraisal Report $2,500 r Thank You f APR 2 3 2018 S 7 I .1j Vl F,! GIVEN A S S O C I A T E S PATRICK A. GIVEN, SRPA (631) 360-3474 box 5305 - 550 route 111 • hauppauge, n.y. 11788-0306 FAX 360-3622 November 20, 2002 Melissa Spiro, Land Preservation Coordinator Town of Southold Land Preservation Committee 53095 Main Road Southold, N.Y. 11971 Property of Richard and James McBride, S.C.T.M. #1000-83-2-16 Located North side of Oregon Road, Cutchogue, NY File# 2002305 - $1,700.00 FEC V DEPT Of LAND real estate appraisers and consultants PRESERVATION ' ' c.-' �.1:-a:.cJJ•'3' l CM _.. I�' • r:•• ty ! 1_ •'.`Z:r,l`w'i V I I TOWN OF SOUTHOLD 'fit i ,t r t? VENDOR 005409 ELINOR BRUNSWICK, MAI 05/08/2018 CHECK 135708 i ,i" A FUND & ACCOUNT P.O.## INVOICE DESCRIPTION AMOUNT w CM .8660.2.500.200 31883 1000-35 APPRAISAL-MCBRIDE PRPRTY'• 2,500.00 I Yl % TOTAL r 2,500.00 �v i Iry i ' I '7 , o ' t I 1: " - �- • � - - - -- - - - - - i•tie? '� I a L 0Iffa,MR00 0'':1'l' 0 0 1 o n .? U,a "tri I•• _ TOWN+OF-SOU-THOL]�' `' AUDIT: ,08%T8r� t•— �� - - '53095 MAIN ROAD;PO BOX 1179 05/ , ••• .•• 'SOUTHOLD,NY1197,1'0959'= CHECK NO;. ,.•13,57O;H - ,I THE SUFFOLK CO,NATIONAL BANK- ` I s I '• ,CUTCHOGUE.NY 11935,; DATE AMOUNT'; ,�•-,s .08' 2`018,'' $2;:50'0.0'0•:'.;X I ar' = 50-saslzt`a' I 'TWO, OUSAND�. FI - , _ �, TH VE HUATDRED''AND -0 0%10 0: DOILIIRS, .' . _ PAY- ELINOR BRUNSWICK, MAI. i I TO THE ' BRUNSWICK APPRAYSAL`'CORP " 1 SER_ P0-BOX -674 -ROCKVILLE CENTRE NY 11571- Ol 1 13570811 1:0* 21t,05464e. 63 000004 011 _ t NATHAN TAFT CORWIN III LAND SURVEYOR, P.C. Invoice P.O. BOX 16 Jamesport,New York 11947 Date Invoice# Office Location: 1586 Main Road, Jamesport NY 12/11/2018 9951 Phone#631-727-2090 Fax# 631-727-1727 Bill To Town of Southold Department of Land Preservation P.O.Box 1179 Southold,New York 11971 AT Melanie Doroski Job# Client: Terms S.C.Tax Lot No. 38-178 McBride 30 DAYS 1000-83-02-16 Description Amount Survey(Development rights easement)24.5 acres 1,500.00 E 14 2018 CENT.OF LAND "RESCRWIT10 fll3l Total $1,500.00 Payments/Credits $0.00 A service charge of 2%per month will be charged on balances 90 days past due Balance Due $1,500.00 r TOWN OF SO UTHOLD - , I - I ' t VENDOR 013975 NATHAN T CORWIN III 12/18/2018 CHECK 137954 �,q t ];i D FUND & ACCOUNT P.O.# INVOICE^ DESCRIPTION AMOUNT I I � CM .8660.2.6001.100 38-178 MURPHY PROP SURVEY-24 AC 1,500.00 TOTAL 1,500.00 1. J• .. �, ���," 111 ^s�• -' '�' { J Y r t { 74 3 /lP•'li j v ,C11 .-_I r .v•: Y 1 pi 'TOWN OF SOUTHOLD ' AUDIT 12/18/L8 •�; t - •'• - 53095 MAIN ROAD,PO BOX 1179 ••' • $OUTHOLD,NY 11971-0959 CHECK NO. 137954 ' -THE SUFFOLK CO:NATIONAL BANK SJ i CUTCHOGUE,NY 11935 DATE AMOUNT s 5 50•5461Z14, 12/18/2018' ONE-'THOUSAND FIVE HUNDRED 'AND 0 0'/10 0 'DOLLARS', ; lip ''? + PAY NATHAN T CORWIN III ?it TP; TO THE N x LAND,'SURVEYOR INC. ORDER PO,'BOX' 16 JAMESPORT NY 11947 j 1111379SLow 1:0 2 140 54641: 63 000004 Olin ; ;r J7 _ Cashin Technical Services, Inc. . 1200 Veterans,Memorial Hwy. Hauppauge. NY.,11788 631.348.7600 phone / 631.348.7601 fax Melanie Doroski Town of Southold Town Hall Annex PO Box 1179- September 24,2018 Southold, NY 11971-0959 Project No: 18CTS.002 , Invoice No: 918001 C Phase I Environmental Site Assessment for property located at 10725 Oregon Road,Cutchogue, NY SCTM#1000-83.-2-16 Professional Services from September 12 2018 to September 24.2018 Fee Total Fee 1,100.00 Total Earned 1,100.00 Previous Fee Billing 0.00 Current Fee Billing 1,100.00 Total Fee 1,100.00- Total ,100.00Total this Invoice $1,100.00 "ECOV SEP 2 8 2018 DEPT.OF LAND PRESERV+Ti01v TOWN OF SOUTHOLD ;i VENDOR 003086 CASHIN TECHNICAL SERVICES, INC 10/09/2018 CHECK 137168 ` A FUND & ACCOUNT P.O.# INVOICE / DESCRIPTION AMOUNT I CM .8660.2.600.100 31894 918001C PHASE 1 ESA-MCBRIDE PROP 1,100.00 I t i TOTAL 1-1 too.0 0 f^�� � I ' v I - r' *.4 •T-� , ,fie ., CF IT-RF." '.� ^ 't,r .+ I•- �'1 I 1 ,LL nt•l. -Fi.�f••-�al--tf „tJ, 1 '3'�'d, t_-fir „T�._i'j_!._^'�5.�,_•��yy'.i� �l,' _�7 I •.�:� ''�H•i`s'Fc(r' �ktF`'-to!,. v�d-�(^1.=�:, r � tir- V17,7 ' ge ti I � -__ -�w .♦.•ice _a-�`�s7 z:,-r^•�'_ '� i'.�� I yi,�'_ ''`5j1'.fli�J�:�r.��i:-�Ft'`I^�'+'^ -- i4• I ,f 1 I I• ' � f I \ . I I - TOWN OF-SOUTHOLD -AUDIT•-t0/09/18• 53095 MAIN ROAD.PO BOX 1179• ' SOUTHOLD.NY 11971-0959' �• - .CHECK NO'.-,13',71.68 i _ THE SUFFOLK CO.'NATIONAL BANK CUTCHOGUE,NY 11935, DATE. •-, -,-AMOUNT , ' i ;; - - - ,._ _. ;• .-- -. - 10'/09 f 2'OT•B;• ^' I�-1-'100•.00• I ' _ r,ONE^:THOUSAND ON1a,r HUNDRED`'AND '00/20:0 Df)ZLAR'S' , '; P• "� + ' F t' ., - i• _i ' - - F •_ _ r' - - - -r.'- �OSpFFdCxG0 - ,,'-, ` '_♦' - /-- �` � ; '`_�. S I a•, ` IP,AY CA-SHIN TECHNICAL SERVICES, INC o 2'O THE -1-200,_VETERANS'MEMORIAL, HIGHWAY OOItDER' HAiIPPAUGE "NY;? 1178'8p4, =' ` 1161371E,Bus i:021 ,054E4X 63 0O0OD4 011 z. TOWN OF SO UTHOLD , VENDOR 019624 STEWART TITLE INSURANCE CO. 12-t18/2018 CHECK 137995 A r� FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT I , CM .8660.2.600.100 712264101 MCBRIDE—TITLE INS POLICY 6, 718.00 CM .8660.2.600.100 712264101 MCBRIDE—RECRDNG EASEMENT 410.00 y i CM .8660:2.600.100 712264101 MCBRIDE—RECORDING C&R'S 315.00 SS CM .8660.2.600.100 712264101 MCBRIDE—CERTIFIED COPIES^ 150.00 I,y ,, t _3 TOTAL 7,593.00 410 t r .• +. �� ;S k�• is n * ¢, ,r• s I I •,acre+y � I •� ({'.4 I �Ta'r+. � I .jY'�jj �� S;4 I ifi --sr.�— i , a TOWN OF SOUTHOLD AUDIT 12/18/18 53095 MAIN ROAD,PO BOX 1179 SOUTHOLD;NY-1-1971-0.956CHECK NO., 137 9 95 a i THE SUFFOLK CO.NATIONAL BANK CUTCHOGUE,NY 11935 DATE -AMOUNT 50-546214 12/18/2018 $7',•593 .0.0 i SEMEN. THOUSAND FIVE,HUNDRED-NINETY- THREE ',AND: 00/100 DOLLARS PAY STEWART TITLE INSURANCE CO. � u° TO THE 711 WESTCHESTER_AVE, SUITE`3 02 ORDER OF •°WHITE PLAINS NY_ 10604 111137995ii' 1:0 21L,0546L,i: 63 000004 Oil' stft ti INVOICE Title No. 7122641 Real partnem Real poss1N11t1es.T'' Invoice No. 712264101 Invoice Date 12/12/2018 11:39 AM INFORMATIONCLOSING al' Title Closer Tara Ryan Applicant Melanie Doroski Closing Date/Time 12/18/2018 1:30 PM Lender N/A Closing Location Southold Town-Dept.of Land Lender Attorney N/A Preservation Annex-54375 Route 25,Southold, Seller Attorney Richard F.Lark,Esq. NY 11971 Transaction Type Easement with Insurance Sale Amount $1,603,462.50 Loan Amount $0.00 REFERENCE INFORMATION Property Address 10725 Oregon Road,City of Cutchogue,State of NY,District 1000,Section 083.00,Block 02.00, Lot p/o 016.000 Property Type Commercial,Vacant County Suffolk Seller Richard James McBride,James Michael McBride Buyer/Borrower Town of Southold SERVICES PROVIDED PREMIUM: Fee Insurance(Liability Amount:$1,603,462.50) $6,718.00 $6,718.00 ENDORSEMENTS: SEARCH FEES: RECORDING FEES: *** Recording Fees $72500 $725.00 Development Rights Easement(22 pgs)$410.00 C&R(4 pgs)$315.00 ATTN RECORDING DEPT- Certified Copy of said Development Rights Easement and C&R to be provided to Applicant post-closings) TAXES:(TRANSFER/MANSION/MORTGAGE) NYS Transfer Tax(usually paid by seller)($6,414.00) EXEMPT-See exemption claimed on transfer form Peconic Bay Regional Town Transfer Tax($30;069.25) EXEMPT-See exemption claimed on transfer form ADDITIONAL: Additional Fee($200 00) ** Title Closer Services NOTE:Please pay directly to closer. Please remit payment to Stewart Title Insurance Company 711 Westchester Avenue,Suite 302 Page 1 of 3 White Plains,New York 10604,Attn Accounting ste Mart titl Invoice No.712264101 neat partnem tient posslbHlttes` Additional Fee $150.00 $150.00 POST-CLOSING CERTIFIED COPIES: Certified of Development Rights Easement and C&R NOTE:Both being presented at closing for recording.Certified copy to be obtained at the time of recording.(Exempt from Sales Tax SUBTOTAL: $7,593.00 $7,593.00 $0.00 $0.00 SALES TAX TOTAL: $0.00 $0.00 $0.00 $0.00 TOTAL: $7,593.00 $7,593.00 $0.00 $0.00 *Taxable at 8.625%. **Party responsible for payment Please remit a copy of this invoice with your check made payable to Stewart Title Insurance Company. RECEIPTS CHECKS PAYABLE TO STIC AMOUNT CHECKS PAYABLE TO OTHER AMOUNT DISCLAIMER PLEASE READ THE FOLLOWING IMPORTANT INFORMATION: 1. IMPORTANT:The attached"Consumer Acknowledgment of Title Insurance Premiums,Fees,and Service Charges"must be reviewed and signed by all buyers,borrowers,sellers,lenders,or their authorized representative(s)at time of closing and/or issuance of the policy of insurance. 2 Estimated Invoice:We provide our estimates,as stated,based on the information we receive from the parties and usually without having been provided final documentation to be used at closing.Should there be a"change in circumstances"as defined in RESPA rules,Stewart Title reserves the right as allowed under the RESPA rules to revise our estimated closing costs at any time. 3 Refinance.If this is a refinance within ten(10)years,you may be entitled to a reduced premium.The estimated invoice may not reflect the reduced premium;all applicable reductions will be calculated upon review oftitle,,as required by the TIRSA Rate Manual. 4. Additional Hour Fee:For all closings that exceed two(2)hours,a fee of$100.00 will be invoiced for each hour or part thereof at time of closing. If closing is 2 hours or less,please strike. See TIRSA Rate Manual Section 2(G):"The Company may impose additional charges for closing attendance in excess of two hours and for any closings extending beyond normal business hours and where additional attendances are necessary or travel arrangements and distance warrant." 5. Arl ournmenls:Title and tax continuation fees will be invoiced as applicable for closings adjourned less than 24 hours from time of scheduled closing. An adjournment fee of$200 00 will be invoiced when the title closer has appeared at closing but closing is adjourned. For our Schedule of Fees please refer to our website:www.stewart com/nvmetro Please remit payment to Stewart Title Insurance Company,711 Westchester Avenue,Suite 302 Page 2 of 3 White Plains,New York 10604,Attn Accounting 1+ i X.r•„:r.:';i 1�t'°',',c:J•; v'_ .'r" S ):• ::iM1�:i7ai :'+�;'i';• �l!'.'�' 'i' 'x*:'.1f� ?y�"=;;4 TOWN OF SOUTHOLD VENDOR 018784 TARA RYAN 12/18/2018 CHECK 137978 ' FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT . CM .8660.2.600.100 712264;1 TITLE CLOSER FEE-MCBRIDE 150.00 TOTAL 150.00 I I - I I (� � / ! r r ^moi� � t •`•. \ / 'lz7 II _ y • - i I ' i —wtis r t!� i e - ® • •MORRO o • • • TOWN OF SOUTHOLD .AUDI' 12/18•/18 I _ .53095 MAI -ROAD,PO 60X 1179-' - , SOUTHOLD,NY 11971.0959 CHECK NO. "137978 i THE SUFFOLK CO.NATIONAL BANK ^' CUTCHOGUE,NY 11935 DATE AMOUNT 60-54E1214 12/ ='S` 18/2018. 15( 00 . k 'ONE H'CJNDRED.-FIFTY AND '00/100 'DOLLARS = „j _ i y i PAY TARA RYAN =' ro THE. :-? , ORDER opo� �a n' 137978,1' t:0 2 140 54641: 63 000004 0111 r `;,1 OFFICE LOCATION: MELISSA A.SPIRO ��O�,O C'pGy� Town Hall Annex LAND PRESERVATION COORDINATOR 54375 State Route 25 melissa.spiro@town.southold.ny.us ,.G (corner of Main Rd&Youngs Ave) N = Southold,New York Telephone(631)765-5711 Facsimile(631)765-6640 MAILING ADDRESS: www.southoldtownn �0,( �`�� Y-gov 1�I Southold, sox 1179 NY 11971-0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD To: Supervisor Russell Tax Assessors Town Board Building Department Town Clerk Land Management Land Preservation Committee Town Comptroller Town Attorney Planning Board Public Works Peconic Land Trust Suffolk Co Division of Real Estate The Nature Conservancy From: Melissa Spiro, Land Preservation Coordinator Date: December 18, 2018 Re: McBRIDE to TOWN OF SOUTHOLD Part of SCTM#1000-83.-2-16 Development Rights Easement Please be advised that the Town of Southold has acquired a development rights easement on the property listed below. If you would like any additional information regarding the purchase, please feel free to contact me. LOCATION: 10725 Oregon Road, Cutchogue SCTM#: part of 1000-83.-2-16 PROPERTY OWNERS: Richard James McBride and James Michael McBride CONTRACT DATE: September 12, 2018 PURCHASE DATE: Closing took place on December 18, 2018 PURCHASE PRICE: $1,603,462.50 (23.755 acres @$67,500/buildable acre) EASEMENT ACREAGE: 23.755 acres TOTAL PARCEL ACREAGE: 29.862 acres RESERVE AREA ACREAGE: 6.107 acres at southerly end of parcel includes a residential dwelling and several ag structure buildings Covenants& Restrictions were recorded to ensure that any future subdivision of the Reserve Area from the farm area allows for a minimum area of 80,000 sq. ft. (1.84 acres)to remain linked to the area of the property subject to the Developments Rights Easement. ZONING: Agricultural-Conservation (A-C)Zoning District FUNDING: Community Preservation Fund (2%)