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HomeMy WebLinkAbout2425 Laurel Avenue LLC LILLIAN F.MCCULLOUGH S�FFOL�- OFFICE LOCATION: LAND PRESERVATION ��� COG Town Hall Annex EXECUTIVE ASSISTANT �� �f.� 54375 State Route 25 lillianm@southoldtownny.gov C .t (comer of Main Rd&Youngs Ave) N :Z Southold,New York Telephone(631)765-5711 Facsimile(631)765-6640 MAILING ADDRESS: P.O.Box 1179 www.southoldtownny.gov 41 �► Southold,NY 11971-0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD To: Denis Noncarrow Town Clerk From: Lillian McCullough Land Preservation Executive Assistant Date: March 13, 2024 Re: 2425 Laurel Avenue LLC to TOWN OF SOUTHOLD Open Space Easement(43.56 acres) SCTM #1000-55.-6-36.3 Premises: 865 Laurel Ave, Southold NY Denis: Enclosed for safekeeping in your office, please find the following documents: • Original Grant of Open Space Deed, dated March 6, 2023, between 2425 Laurel Avenue LLC and the Town of Southold, recorded in the Suffolk County Clerk's office on August 1, 2023, in Liber D00013212 at Page 26 • Title insurance policy#OX-14614388, issued by Judicial Title Agency LLC on March 6, 2023, in the insured amount of$1,250,000.00 (file number 1484430L-S) • Closing Statement • Closing Memo Thank you. Sincerely, 1 Lillian McCullough Land Preservation Executive Assistant encs. cc: Assessors w/copy of recorded easement & survey SID J AN - � 2024 11111111 IN 11111111111111111111111111111111111111111111 1.A340 P'fo of RwnOf SoAutliod � 111111111111111111111 IN SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DEED Recorded: 08/01/2023 Number of Pages : 6 At: 04 :38 :59 PM Receipt Number : 23-0097315 TRANSFER TAX NUMBER: 23-00134 LIBER: D00013212 PAGE : 026 District: Section: Block: Lot: 1000 056. 00 01 .00 001 .002 EXAMINED AND CHARGED AS FOLLOWS Deed Amount: $1,250,000 .00 Received the Following Fees For Above Instrument Exempt Exempt Page/Filing $30 .00 NO Handling $20 .00 NO COE $5 .00 NO NYS SRCHG $15 .00 NO EA-CTY $5 .00 NO EA-STATE $250 . 00 NO TP-584 $5 . 00 NO Notation $0 . 00 NO Cert.Copies $7 .50 NO RPT $600 . 00 NO Transfer tax $0 . 00 NO Comm.Pres $0 .00 NO Fees Paid $937 .50 TRANSFER TAX NUMBER: 23-00134 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL Vincent Puleo County Clerk, Suffolk County E51 ll c s. ' Number of pages,% _ � RECORDED pF{ 23 Vincent Puleo : CLERK OF This document will be:public SUFFOLK COUNTY record:;;Pl„ease.:.remo e,all L D00013212 .SocialSecurit IVumpers �' "-'y''Y,a.:... .34 prior to�recording. D i# 23-001 Deed,`/Mortgage Instrument Deed./Mortgage Tax Stamp Recording/Filing Stamps 3 FEES Page/Filing'Fee Mortgage Amt. Handling 20. 00 1. Basic Tax 2. Additional Tax TP-584 Sub Total Notation Spec./Assit. EA-52 17 (County) or Sub Total Spec./Add. EA-5217 (State) -- TOT.MTG.TAX _ R.P.T.S.A. — Dual Town Dual County Held for:Appointment Qomm.of Ed. 5. 00 i Transfer Tax e hl = Affidavit • ' Mansion Tax (Certified Copy U The property covered by this mortgage is • w or will be improved by a one or two NYS Surcharge 15. 00 family dwelling only. Sub Total • Qther YES or NO Grand.Total ® see appropriate tax clause on "wage of this instrument. 3 T Dist. 23032636 5. . omm_unity Preservation Fund Real Property T Tax Service Rp S Consideration Amount $ CVA III I IIIIIIIII� Agency Verification 01-AUG CPF Tax Due $ FCC 6LA ta, fi 6 Satisfactions/Discharges/Releases'List".Property Owners Mailing Address Improved RECO I &RETURN TO: 0V)ti IV,( �14 4-k 0( Vacant Land h. ice-H- A . RLr-r,6e to o�Zcc.��'vf5a� TD 1 (� S30c1� �06C�Pi �S� TD O it-Wo Id . N i 71 TD Mail to: Vincent Puleo; Suffolk County-Clerk 7 Title Company.Information 310 Center Drive, Riverhead, NY 11901 www.suffolkcountyny.gov/clerk m JUDICIAL TITLE INS. AGENCY LLC = Title# u olk County Reeoir & Endorsement Pam This page forms part of the attached DG� made by: j� (SPECIFY TYPE OF INSTRUMENT) �c� r+ V rARe The premises herein is situated in SUFFOLK,COUNTY,NEW YORK. s I 'TO In the TOWN of In the VILLAGE or HAMLET of XES 6 THRU 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING �1o/08kk (over, IMPORTANT'` NOTICE RTGAGE, please be aware of the If the document you've just recorded is your SATISFACTION OF MO following: If a portion of your monthly mortgage payment include b �b lled direcur tl taxes for,a11 future ro Breed ato x contact our local Town Tax Receiver so that ou mae statements. Local property taxes are payable twice a year: on or before January l th and on or before May 31st Failure to make payments in a timely fashion could result in a penalty. Please contact your local Town Tax Receiver with any questions regarding property .tax payment. Babylon Town Receiver of Taxes Riverhead Town Receiver of Taxes 200 East Sunrise Highway 200 Howell Avenue North Lindenhurst, N.Y. 11757 Riverhead, N.Y. 11901 (631) 957-3004 (631) 727-3200 Brookhaven Town Receiver of Taxes Shelter Island Town Receiver of Taxes One Independence Hill Shelter Island Town Hall Farmingville, N.Y. 11738 Shelter Island, N.Y. 11964 (631) 451-9009 (631) 749-3338 r East Hampton Town Receiver of Taxes 99 Wes Main Street town Town Receiver of Taxes 300 Pantigo Place East Hampton, N.Y. 11937 Smithtown, N.Y. 11787 (631) 324-2770 (631) 360-7610 Huntington Town Receiver of Taxes Southampton Town Receiver of Taxes 100 Main Street 116 Hampton Road ` ? Huntington, N.Y. 11743 Southampton, N.Y. 11968 (631) 351-3217 (631) 283-6514 Islip Town Receiver'of Taxes Southold Town Receiver of Taxes 40 Nassau Avenue 53095 Main Street Islip, N.Y. 11751 Southold, N.Y. 11971 (631) 224-5580 (631) 765-1803 Sincerely, RAJA, Vincent Puleo . Suffolk.County Clerk iz-oioa.. iz/zakk j pT Doc ID: 23032636 R CVA- A 1-AUG-23 Tax Maps District Secton Block Lot School District Sub Division Name 1000 05500 0600 035000 1000 05600 0100 001002 1000 05500 0600 036003 4'N"y :y ft (( i J r r, f r` .s- r NY 005-Bargain and Sale Deed with Covenant against Grantor's Acts Individual or Corporation(Single Sheet)(NYBTU 8002) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY At CF THIS INDENTURE,made the 6th day of March in the year 2023 BETWEEN _f 2425 Laurel Avenue LLC,a New York Limited Liability Company with an address at 5 Windemere Court,Speonk,NY 11792, party of the first part,and Town of Southold,a municipal corporation of the State of New York,with an address at 53095 Route 25,PO Box 1179,Southold,NY 11971, party of the second part, WITNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration paid by the party of the second part,does hereby grant and release unto the party of the second part,the heirs or successors and assigns of the party of the second part forever, ALL that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and being in the Town of Southold,County of Suffolk and State of New York,more particularly bounded and described in Schedule "A" attached hereto and made a part hereof. BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by Deed made by Patricia O'Malley dated November 28,2022 and recorded on f RAW-F Z24 2-02-3 in Liber l3 Page �`�c4 in the office of the Clerk of the County of Suffolk. WHEREAS as set forth in Chapter 17 (Community Preservation Fund) and Chapter 185 (Open Space Preservation) of the Town Code of the Town of Southold OPEN SPACE acquired by the Town pursuant to the provisions of those chapters shall not thereafter be alienated, except upon the affirmative vote of a majority of the Town Board after a public hearing and upon the approval of the electors of the Town voting on a proposition submitted at a special or biennial town election.No subsequent amendment of the provisions of those chapters shall alter the limitations imposed upon the alienation of real property acquired by the Town prior to any such amendment. All other provisions of Chapter 17 of the Code of the Town of Southold and Town Law 64-e apply to this conveyance to the Town of Southold. TOGETHER with all right,title and interest,if any,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;TOGETHER with the appurtenances and all the estate and rights of the party of the first part in and to said premises;TO HAVE AND TO HOLD the premises herein granted unto the party of the second part,the heirs or successors and assigns of the party of the second part forever. AND the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said premises have been incumbered in any way whatever,except as aforesaid. AND the party of the first part,in compliance with Section 13 of the Lien Law,covenants that the party of the first part will receive the consideration for this conveyance and will hold the right to receive such consideration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply the same first to the payment of the cost of the improvement before using any part of the total of the same for any other purpose. The word"party"shall be construed as if it read"parties"whenever the sense of this indenture so requires. IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. auinue IN PRESENCE OF: Al2� By: Daniel Messln , Member Judicial Title Insurance Agency LLC 800 Westchester Ave.,Suite 5-340 Rye Brook,NY 10573 �� USEACIQVOWLEDOMENTFORMBELOWWitmNNEWYORKSTATEONLY.•' USEACKNOWLEDGMENTFORMBELOWWITHiNNEWYORKSTATEONLY: State of New York,County of }ss.: State of New York,County of }ss.: On the day of in the year On the day of in the year before me,the undersigned,personally appeared before me,the undersigned,personally appeared personally known to me or proved to me on the basis of satisfactory personally known to me or proved to me on the basis of satisfactory evidence to be the individuals)whose name(s)is(are)subscribed to the evidence to be the individual(s)whose name(s)is(are)subscribed to the within instrument and acknowledged to me that he/she/they executed within instrument and acknowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument, the individual(s), or the person upon signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s)acted,executed the instrument. behalf of which the individual(s)acted,executed the instrument. ACKNOWLEDGMENT FORMFOR USE WITHINNEW YORKSTATE ONLY: ACKNOWLEDGMENT FORMFOR USE OUTSIDE NEW YORK STATE ONLY. (New York Subscribing Witness Acknowledgment Certificate) (Out of State or Foreign General Acknowledgment Certificate) State of New York,County of }ss.: St0q of South Carolina,•County,4N(!1'18.)?n. . . }ss.: (Complete Venue with State,Country,Province or Municipality) On the day of in the year before me,the undersigned,personally appeared On theg day of V&CMAM in the year 2023 before me,the undersigned,personally appeared the subscribing witness to the foregoing instrument, with whom I am Daniel Messina personally acquainted, who,being by me duly sworn, did depose and personally known to me or proved to me on the basis of satisfactory say that he/she/they reside(s)in evidence to be the individual(s)whose name(s)is(are)subscribed to the within instrument and acknowledged to me that he/she/they executed (if the place of residence is in a city,include the street and street number, the same in his/her/their capacity(ies),that by his/her/their signature(s) if any, thereof);that he/she/they know(s) on the instrument,the individual(s),or the person upon behalf of which the individual(s)acted,executed the instrument,and that such individual to be the individual described in and who executed the foregoing made such appearance before the undersigned in the instrument;that said subscribing witness was present and saw said Moun)e 91Q(, W4, 50-th (WbIl C4 execute the same; and that said witness at the same time subscribed (Insert the city.or_other..political subdivision nd the state or country or his/her/their name(s)as a witness thereto. other place the acknowledgment was tak ) Not Publi JARRED COOPER KINLOCH Notary blic state of South fc arnug�D 2031 MY Commission Expires BARGAIN&SALE DEED WITH COVENANTS AGAINST GRANTOR'S ACTS TITLE NO. [� t(N' -`� DISTRICT 1000 1000 1000 SECTION 055.00 055.00 056.00 2425 Laurel Avenue LLC BLOCK 06.00 06.00 01.00 LOT 035.000 p/o 036.000 p/o 001.000 COUNTY OR TOWN SOUTHOLD TO Town of Southold RECORDED AT REQUEST OF Fidelity National Title Insurance Company RETURN BY MAIL TO FIDELITY NATIONAL TITLE Town of Southold INSURANCE COMPANY Attn: Scott A.Russell,Town Supervisor INCORPORATED 1928 PO Box 1179 53095 Route 25 d,Fidelity-0e 1u Southold,NY 11971 Member Ne,v York State land Tide Association W U LL LL O 0 Z O O U W LL O W fA D cc O LL W U Q a N fN F W tY W to W 800 Westchester Avenue•Suite S340•Rye Brook,NY 10573•T(914)381 6700•F(914)381-3131 315 Madison Avenue•Suite 3028•New York,NY 10017•T(212)432-3272 e F(800)329-9396 JUDICIAL TITLE 20 West Main Street•Suite 101 •Riverhead,NY 11901 •T(631)395-0500•F(631)405-3155 Title Number: 148443OL-S SCHEDULE A Amended 08/01/2023 ALL that plot, piece or parcel of land situate, lying and being at Southold, Town of Southold, County of Suffolk and The State of New York, known as designated as Open Space on a certain map entitled "Final Plat Messina 80/60 Clustered Conservation Subdivision", more particularly bounded and described as follows: BEGINNING at a point along the westerly side of Laurel Avenue at the southeasterly corner of Lot 2 as shown on above said map, said point being also the following two (2) courses and distances along the westerly side of Laurel Avenue from the corner formed by the intersection of the southerly side of Yennecott Drive with the westerly side of Laurel Avenue: (1)South 14 degrees 04 minutes 00 seconds East, 148.90 feet to a point; (2) South 14 degrees 35 minutes 10 seconds East, 368.33 feet to the true point or place of BEGINNING; RUNNING thence South 14 degrees 35 minutes 10 seconds East along the westerly side of Laurel Avenue, 63.67 feet to a point at the northeasterly corner of Lot 3 as shown on above said map; RUNNING thence North 85 degrees 01 minutes 39 seconds West along the northerly line of Lot 3, 212.25 feet to a point at the northwesterly corner of Lot 3 as shown on above said map; RUNNING the following three (3) courses and distances along the westerly lines of Lots 3,4, 5, 6, 7, and 8 as shown on above said map: (1)South 14 degrees 35 minutes 10 seconds East, 247.62 feet to a point; (2) South 13 degrees 07 minutes 30 seconds East, 308.98 feet to a point; (3)South 12 degrees 45 minutes 40 seconds East, 534.63 feet to a point at the southwesterly corner of Lot 8 as shown on above said map; RUNNING thence North 76 degrees 52 minutes 30 seconds East along the southerly line of Lot 8 as shown on above said map, 200.00 feet to a point along the westerly side of Laurel Avenue; FOR CONVEYANCE PURPOSES 800 Westchester Avenue•Suite S340•Rye Brook,NY 10573•T(914)381-6700•F(914)381-3131 315 Madison Avenue•Suite 3028•New York,NY 10017•T(212)432-3272•F(800)329-9396 JUDICIAL TITLE 20 West Main Street•Suite 101 •Riverhead,NY 11901 •T(631)395-0500•F(631)405-3155 Title Number: 148443OL-S SCHEDULE A (continued) Amended 08/01/2023 RUNNING thence the following two (2) courses and distances along the westerly side of Laurel Avenue: (1)South 12 degrees 45 minutes 40 seconds East, 288.54 feet to a point; (2)South 09 degrees 33 minutes 00 seconds East, 5.13 feet to a point along the northerly line of land of Long Island Rail Road; RUNNING thence South 70 degrees 52 minutes 00 seconds West along the northerly line of Long Island Rail Road, 808.38 feet to a point; RUNNING thence North 23 degrees 27 minutes 18 seconds West along the westerly lines of land of Long Island Rail Road, land now or formerly of Helen Yellin Qualified Personal Residence Trust and land now or formerly of The Edwin Mooney Jr. Living Trust, 878.96 feet to a point; RUNNING thence South 58 degrees 06 minutes 22 seconds West along land now for formerly of The Edwin Mooney Jr. Living Trust, 167.65 feet to a point along the easterly line of Lot 50 as shown on a certain map entitled "Map of Highpoint Meadows Section Three", filed in the Office of the Clerk of Suffolk County on March 19, 1990 as File No. 8912; RUNNING thence North 23 degrees 29 minutes 07 seconds West along the easterly lines of Lots 50, 51 and 52, as shown on above said map, 259.54 feet to a point; RUNNING thence South 88 degrees 56 minutes 31 seconds West along the northerly lines of Lots 52, 53, 54 and 55 as shown on above said map, "Highpoint Meadows, Section Two", filed in the Office of the Clerk of Suffolk County on March 19, 1990 as File No. 8911, 572.59 feet to a point at the southeasterly corner of Lot 15 as shown on above said map; RUNNING thence North 02 degrees 32 minutes 10 seconds West along the easterly lines of Lots 13, 14, and 15 as shown on above said map and land now or formerly of Richard H. Wheeler and Lauren E. Wheeler, 492.71 feet to a point at the southeasterly corner of Lot 47 as shown on a certain map entitled "Map of Yennecott Park", filed in the Office of the Clerk of Suffolk County on October 9, 1968 as File No. 5187; RUNNING thence North 00 degrees 41 minutes 50 seconds East along the easterly line of Lot 47 as shown on above said map, 183.53 feet to a point at the southwesterly corner of Park and Playground as shown on above said map; FOR CONVEYANCE PURPOSES 800 Westchester Avenue•Suite S340•Rye Brook,NY 10573•T(914)381-6700•F(914)381-3131 315 Madison Avenue•Suite 3028•New York,NY 10017•T(212)432-3272•F(800)329-9396 JUDICIAL TITLE 20 West Main Street•Suite 101 •Riverhead,NY 11901•T(631)395-0500•F(631)405-3155 Title Number: 148443OL-S SCHEDULE A (continued) Amended 08/01/2023 RUNNING thence North 83 degrees 42 minutes 00 seconds East along Park and Playground and Lots 41, 42, 43, 44,45 and 46 as shown on above said map, 1,122.55 feet to a point; RUNNING thence North 09 degrees 30 minutes 40 seconds West along the easterly line of Lot 41 as shown on above said map,. 191.86 feet to a point at the southwesterly corner of Lot 40 as shown on above said map; RUNNING thence North 84 degrees 38 minutes 30 seconds East along the southerly line of Lot 40 as shown on above said map, 257.16 feet to a point at the northwesterly corner of Lot 1 as shown on a certain map entitled "Final Plat Messina 80/60 Clustered Conservation Subdivision"; RUNNING thence South 14 degrees 35 minutes 10 seconds East along the westerly lines of Lots 1 and 2 as shown on above said map, 338.68 feet to a point at the southwesterly corner of Lot 2 as shown on above said map; RUNNING thence South 85 degrees 01 minutes 39 seconds East along the southerly line of above said map, 212.25 feet to the point or place of BEGINNING. FOR CONVEYANCE PURPOSES The policy to be issued under this report will insure the title to such buildings and improvements erected on the premises which by law constitute real property. TOGETHER with all the right, title and interest of the party in the first part, or, in and to the land lying in the street in front of and adjoining said premises. TAX MAP CERTIFICATION CORRECTION SUFFOLK COUNTY REAL PROPERTY TAX SERVICE AGENCY FROM: CERTIFIED TO: CERTIFIED District Section Block Lot District Section Block Lot LIBER PAGE DOCUMENT TYPE ADD 0902 00700 0200 009005 12100 136 DEED ADD 0902 00700 0200 009005 1 13194 106 DEED ADD 0902 00700 0200 009005 13194 107 DEED ADD 0200 05400 0400 047000 12402 807 DEED 1000 05500 0600 035000 DELETE 13212 026 DEED 1000 05600 0100 001002 DELETE 13212 026 DEED 0905 01800 0100 003000 0905 01800 0100 009000 12632 418 DECLARATION ADD 0100 08000 0100 030000 12522 030 ASSIGN OF RENTS ADD 0100 08000 0100 031000 12522 030 ASSIGN OF RENTS ADD 0100 08100 0300 035000 12522 030 ASSIGN OF RENTS 0200 17300 0300 005000 0200 17400 0300 005000 13077 573 DEED 0200 65400 0400 024000 0200 65400 0400 024002 13154 779 DEED 0500 39000 0400 001014 0600 39000 0400 001017 13215 550 DEED - 0400 15900 0300 058000 0400 05300 0100 058000 13171 024 DEED 0500 27000 0300 006000 0500 27000 0300 060000 12951, 646 DEED ' 0200 50700 0400 002002 0200 55800 0500 002002 12541 123 CORRECTION DEED DEV 0200 55800 0500 002002 DELETE 12541 123 CORRECTION DEED-DEV 0200 50700 0400 004000 0200 55800 0500 004000 12541 123 CORRECTION DEED-DEV 0200, 55800 0500 004000 DELETE 12541 123 CORRECTION DEED-DEV Prepared by:(7?y1-A,,- ya-t- .", 9/25/2023 SIGNATURE OF REPRESENTATIVE DATE : .. •-• CA f i:.`,`i��j.....•`!L AICIOS NOTARY PUBLIC.STATE OF NEW YORK Registration No.01 LA6425323 Qualified in SUFFOLK County Commisstc:�c.�: ..,:�• .• _.;?5.2025 i 91 /�'Z3 OWNER'S POLICY OF TITLE INSURANCE Policy Issuer: THE JUDICIAL TITLE AGENCY LLC 800 WESTCHESTER AVENUE SUITE S-340 RYE BROOK,NY 10573 PHONE:(914)381-6700 Policy Number OX-14614388 File Number: 148443 * * Issued by Old Republic National Title Insurance Company * * Any notice of claim and any other notice or statement in writing required to be given to 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,OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY,a Florida 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; (vi)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. Countersigned: OLD REPUBLIC NATIONAL TITLE INSURANCE COMPANY A Stock Company 400 Second Avenue South,Minneapolis,Minnesota 55401 (614371-1111 By President Authorize icer or Licensed Agent ORT Form 4309 Attest Secretary ALTA Owners Policy of Title Insurance 6-17-06 Old Republic National Title Insurance Company Schedule A— Owner's Policy Amount of Insurance: $1,250,000.00 Policy Number: OX14614388 File Number: 148443OL-S Date of Policy: March 06, 2023 1. Name of Insured: TOWN OF SOUTHOLD 2. The estate or interest in the land which is covered by this policy is: Fee Simple 3. Title to the estate or interest in the land is vested in: TOWN OF SOUTHOLD by means of a Deed dated March 6, 2023 from 2425 LAUREL AVENUE LLC to be recorded in the Suffolk County Clerk's office. 4. The land referred to in this policy is described as follows: See Schedule A attached hereto Countersigned: Authorized Officer or Agent 914-381-6700 THE JUDICIAL TITLE INSURANCE AGENCY LLC THE JUDICIAL TITLE INSURANCE AGENCY LLC Title Number: 148443OL-S SCHEDULE A Amended 01/25/2023 ALL that plot, piece or parcel of land situate, lying and being at Southold, Town of Southold, County of Suffolk and The State of New York, known as designated as Open Space on a certain map entitled "Final Plat Messina 80/60 Clustered Conservation Subdivision", more particularly bounded and described as follows: BEGINNING at a point along the westerly side of Laurel Avenue at the southeasterly corner of Lot 2 as shown on above said map, said point being also the following two (2) courses and distances along the westerly side of Laurel Avenue from the corner formed by the intersection of the southerly side of Yennecott Drive with the westerly side of Laurel Avenue: (1) South 14 degrees 04 minutes 00 seconds East, 148.90 feet to a point; (2) South 14 degrees 35 minutes 10 seconds East, 368.33 feet to the true point or place of BEGINNING; RUNNING thence South 14 degrees 35 minutes 10 seconds East along the westerly side of Laurel Avenue, 63.67 feet to a point at the northeasterly corner of Lot 3 as shown on above said map; ly line RUNNING thence North 85 degrees 01 minutes este northwesterlyonds corner ofst along the Lot 3 as showntonrabove of Lot 3, 212.25 feet to a point at then Y said map; RUNNING the following three (3) courses and distances along the westerly lines of Lots 3,4, 5, 6, 7, and 8 as shown on above said map: (1) South 14 degrees 35 minutes 10 seconds East, 247.62 feet to a point; (2) South 13 degrees 07 minutes 30 seconds East, 308.98 feet to a point; ll insure the title to such The policy to be issued under this report ents erected on the premises which buildings and h by law constitute real property. FOR improvements CONVEYANCING ONLY TOGETHER with all the right,title and interest of the party in the first part,or, in an to the land lying in the street in front of and adjoining said premises. THE JUDICIAL TITLE INSURANCE AGENCY LLC Title Number: 148443OL-S SCHEDULE A (continued) Amended 01/25/2023 (3) South 12 degrees 45 minutes 40 seconds East, 534.63 feet to a point at the southwesterly corner of Lot 8 as shown on above said map; RUNNING thence North 76 degrees 52 minutes 30 seconds East along the southerly line of Lot 8 as shown on above said map, 200.00 feet to a point along the westerly side of Laurel Avenue; RUNNING thence the following two (2) courses and distances along the westerly side of Laurel Avenue: (1) South 12 degrees 45 minutes 40 seconds East, 288.54 feet to a point; (2) South 09 degrees 33 minutes 00 seconds East, 5.13 feet to a point along the northerly line of land of Long Island Rail Road; RUNNING thence South 70 degrees 52 minutes 00 seconds West along the northerly line of Long Island Rail Road, 808.38 feet to a point; RUNNING thence North 23 degrees 27 minutes 18 seconds West along the westerly lines of land of Long Island Rail Road, land now or formerly of Helen Yellin Qualified Personal Residence Trust and land now or formerly of The Edwin Mooney Jr. Living Trust, 878.96 feet to a point; RUNNING thence South 58 degrees 06 minutes 22 seconds West along land now for . formerly of The Edwin Mooney Jr. Living Trust, 167.65 feet to a point along the easterly line of Lot 50 as shown on a certain map entitled "Map of Highpoint Meadows Section Three", filed in the Office of the Clerk of Suffolk County on March 19, 1990 as File No. 8912; RUNNING thence North 23 degrees 29 minutes 07 seconds West along the easterly lines of Lots 50, 51 and 52, as shown on above said map, 259.54 feet to a point; RUNNING thence North 88 degrees 56 minutes 31 seconds West along the northerly lines of Lots 52, 53, 54 and 55 as shown on above said map, "Highpoint Meadows, Section Two", filed in the Office of the Clerk of Suffolk County on March 19, 1990 as File Page 2 of 4 THE JUDICIAL TITLE INSURANCE AGENCY LLC Title Number: 148443OL-S SCHEDULE A (continued) Amended 01/25/2023 No. 8911, 572.59 feet to a point at the southeasterly corner of Lot 15 as shown on above said map; RUNNING thence North 02 degrees 32.minutes 10 seconds West along the easterly lines of Lots 13, 14, and 15 as shown on above said map and land now or formerly of Richard H. Wheeler and Lauren E. Wheeler, 492.71 feet to a point at the southeasterly corner of Lot 47 as shown on a certain map entitled "Map of Yennecott Park", filed in the Office of the Clerk of Suffolk County on October 9, 1968 as File No. 5187; RUNNING thence North 00 degrees 41 minutes 50 seconds East along the easterly line of Lot 47 as shown on above said map, 183.53 feet to a point at the southwesterly corner of Park and Playground as shown on above said map; RUNNING thence North 83 degrees 42 minutes 00 seconds East along Park and Playground and Lots 41, 42, 43, 44, 45 and 46 as shown on above said map, 1,122.55 feet to a point; RUNNING thence North 09 degrees 30 minutes 40 seconds West along the easterly line of Lot 41 as shown on above said map,. 191.86 feet to a point at the southwesterly corner of Lot 40 as shown on above said map; RUNNING thence North 84 degrees 38 minutes 30 seconds East along the southerly line of Lot 40 as shown on above said map, 257.16 feet to a point at the northwesterly corner of Lot 1 as shown on a certain map entitled "Final Plat Messina 80/60 Clustered Conservation Subdivision"; RUNNING thence South 14 degrees 35 minutes 10 seconds East along the westerly lines of Lots 1 and 2 as shown on above said map, 338.68 feet to a point at the southwesterly corner of Lot 2 as shown on above said map; RUNNING thence South 85 degrees 01 minutes 39 seconds East along the southerly line of above said map, 212.25 feet to the point or place of BEGINNING. Page 3 of 4 Old Republic National Title Insurance Company Schedule B— Owner's Policy Exceptions from Coverage Policy Number: OX14614388 File Number: 148443OL-S This policy does not insure against loss or damage (and the Company will not pay costs, attorneys' fees or expenses)which arise by reason of: 1. Rights of tenants or persons in possession, if any. 2. Survey exceptions set forth herein. 3. Policy excepts covenants, conditions, easements, leases, agreements of record, etc., set forth in schedule herein. Right of Way Easements in Liber 1403 cp. 135, as repeated in Liber 7655 cp. 141 and Liber 7194 cp. 597. Declaration of Covenants and Restrictions in Liber 11673 cp. 181. 4. This policy does not insure against charges or fees levied by the local governing municipality, its various departments and/or agencies unless said charges are listed as liens within the tax department or in the county clerk's office prior to closing. 5. If the premises are serviced by a water meter, a final meter reading must be obtained and a bill for meter charges submitted at the time of closing. If a bill is not submitted at closing, policy excepts all meter charges from the last date of reading. NOTE: Closers are NOT permitted to OMIT this exception for Owners Policy unless an actual bill is presented at closing. 6. Proof is required to show that tax lots 001.000 and 036.000 has been legally apportioned with the office of the assessor of the applicable taxing authority. A copy of the approved, subdivided tax map and the verified application from the tax assessing office must be submitted at or prior to closing. THE JUDICIAL TITLE INSURANCE AGENCY LLC Title Number: 1484430L-S SURVEY READING Survey made by Nathan Taft Corwin III Land Surveyor dated January 20, 2023 shows vacant land. Wood post and wire fence with gate and law with playsets from adjoining property to the north encroaches up to 29 feet onto subject premises. Chain link fence from adjoining property to the north encroaches 2.4 feet onto subject premises. Wood walk from adjoining property to the west encroaches 7.5 feet onto subject premises. Electric Easement and centerline of high-tension electric transmission lines traverse subject premises. Freshwater wetlands traverse subject premises. Variations between fences and record lines of title. FOR FEE PURPOSES:BOUNDARY LINE AFFIDAVIT Policy insures that the encroachments from adjoining premises referenced above will not result in monetary loss for so long as the adjoining premises is under the sole ownership of the current owners of record. FOR INFORMATION ONLY: Laws and ordinances relating to zoning , occupancy or changes in the character, dimensions and location of any improvement erected on the premises are specifically excluded from coverage pursuant to paragraph 1(A) of the policy exclusions. The survey reading and/or physical inspection herein is solely for the purpose of discovering issues which may affect title to or possession of the land to be insured. Engineer's reports should be consulted where alterations are suspected. THE JUDICIAL TITLE INSURANCE AGENCY LLC Title Number: 148443OL-S SCHEDULE OF COVENANTS, CONDITIONS, EASEMENTS,LEASES, AGREEMENTS OF RECORD, ETC. Right of Way Easements in Liber 1403 cp. 135, as repeated in Liber 7655 cp. 141 and Liber 7194 cp. 597. Declaration of Covenants and Restrictions in Liber 11673 cp. 181. See copies attached. Page 1 of 1 Old Republic National Title Insurance Company STANDARD NEW YORK ENDORSEMENT (OWNER'S POLICY) Title No. 148443 Attached to and made a part of Policy No. OX14614388 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. The 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. Dated: 03/06/2023 Countersigned BY: 66 Authorized Signatory Standard New York Endorsement(7/1/12)for use with ALTA Owner's Policy(6117106) Old Republic National Title Insurance Company POLICYAUTHENTICATIONENDORSEMENT Title No. 148443 Attached to and made part of Policy Number: OX14614388 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. Date: 03/06/2023 Policy Authentication Endorsement(612412016) 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. 9.Title being vested other than as stated in Schedule A or being defective ny art (a)as a result of the avoidance in whole or in rrinpartiorr from a court order to the t ansaction vestmglT9 le as an alternative shown n Schedule A because th t all pnortraPsfe of the title to or any interest in the Land occu g p constituted a fraudulent or preferential transfer under federal bankruptcy,state insolvency,or similar creditors'rights laws;or (b)because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency,or similar creditors'rights laws by reason of the failure of its recording in the Public Records (i)to be timely,or (ii)to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10.Any defect in or lien or encumbrance on the Title or other matter included in Covered Risks 1 through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs,attorneys'fees,and expenses incurred in defense of any matter insured against by this Policy,but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following owin matters are expressly excluded from the coverage of (b)not Known to the Company,not recorded in the Public this policy,and the Company-will not pay loss or damage,costs, Records at Date of Policy,but Known to the Insured Claimant attorneys'fees,or expenses that arise by reason of: and not disclosed in writing to the Company by the Insured Claimant prior to the date the Insured Claimant became an 1. (a)Any law,ordinance,permit,or governmental regulation Insured under this policy; (c)resulting in no loss or damage to the Insured Claimant; (including those relating to building and zoning)restricting, d attachingor created subsequent to Date of Policy regulating,prohibiting,or relating to (however,this does not modify or limit the coverage provided (i)the occupancy,use,or enjoyment of the Land; under Covered Risk 9 and 10);or (ii)the character,dimensions,or location of any (e)resulting in loss or damage that would not have been improvement erected on the Land; sustained if the Insured Claimant had paid value for the Title. (iii)the subdivision of land;or (iv)environmental protection; 4.Any claim,by reason of the operation of federal bankruptcy,state insolvency,or similar creditors'rights laws,that the transaction or the effect of any violation of these laws,ordinances,or govern- vesting the Title as shown in Schedule A,is mental regulations. This Exclusion 1(a)does not modify or limit the a fraudulent conve ) yance or fraudulent transfer;or a coverage provided under Covered Risk 5. (a a preferential transfer for an reason not stated in Covered (b)Any governmental police power. This Exclusion 1(b)does not y modify or limit the coverage provided under Covered Risk 6. Risk 9 of this policy. 2.Rights of eminent domain.This Exclusion does not modify or limit 5.Any lien on the Title for real estate taxes or assessments imposed the coverage provided under Covered Risk 7 or 8. by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument 3.Defects,liens,encumbrances,adverse claims,or other matters of transfer in the Public Records that vests Title as shown in Schedule A. (a)created,suffered,assumed,or agreed to by the Insured Claimant; Page 2 1.DEFINITION OF TERMS CONDITIONSpurchase,lease,or lend if there is a contractual condition requiring The following terms when used in this policy mean: the delivery of marketable title. (a)"Amount of Insurance": The amount stated in Schedule A,as may 2 CONTINUATION OF INSURANCE be increased or decreased by endorsement to this policy,increased The coverage of this policy shall continue in force as of Date of by Section 8(b),or decreased by Sections 10 and 11 of these Conditions. Policy in favor of an Insured,but only so long as the Insured retains (b)"Date of Policy": The date designated as"Date of Policy"in an estate or interest in the Land,or holds an obligation secured by Schedule A. a purchase money Mortgage given by a purchaser from the Insured, (c)"Entity": A corporation,partnership,trust,limited liability or only so long as the Insured shall have liability by reason of company,or other similar legal entity. warranties in any transfer or conveyance of the Title. This policy (d)"Insured": The Insured named in Schedule A. shall not continue in force in favor of any purchaser from the (i)The term"Insured"also includes Insured of either(i)an estate or interest in the Land,or(ii)an (A)successors to the Title of the Insured by operation of law as obligation secured by a purchase money Mortgage given to the distinguished from purchase,including heirs,devisees,survivors, Insured. personal representatives,or next of kin; (B)successors to an Insured by dissolution,merger,consolidation, 3. NOTThe nsuredCE shallF CLAIM t fy the olmpanBprloN PUKED CtLAgMAN case distribution,or reorganization; (C)successors to an Insured by its conversion to another kind of of any litigation as set forth in Section 5(a)of these Conditions,(ii) in case Knowledge shall come to an Insured hereunder of any claim Entity; of title or interest that is adverse to the Title,as insured,and that (D)a grantee of an Insured under a deed delivered without might cause loss or damage for which the Company may be liable payment of actual valuable consideration conveying the Title by virtue of this policy,or(iii)if the Title,as insured,is rejected as (1)if the stock,shares,memberships,or other equity Unmarketable Title. If the Company is prejudiced by the failure of interests of the grantee are wholly-owned by the the Insured Claimant to provide prompt notice,the Company's named Insured, liability to the Insured Claimant under the policy shall be reduced (2)if the grantee wholly owns the named Insured, to the extent of the prejudice. (3)if the grantee is wholly-owned by an affiliated Entity of the named Insured,provided the affiliated 4. PROOF OF LOSS Entity and the named Insured are both wholly-owned In the event the Company is unable to determine the amount of loss or damage,the Company may,at its option,require as a condition by the same person or Entity,or 9 (4)if the grantee is a trustee or beneficiary of a trust of payment that the Insured Claimant furnish a signed proof of loss. created by a written instrument established by the The proof of loss must describe the defect,lien,encumbrance,or Insured named in Schedule A for estate planning other matter insured against by this policy that constitutes the basis of loss or damage and shall state,to the extent possible,the purposes. basis of calculating the amount of the loss or damage. (ii)With regard to(A).(B),(C),and(D)reserving,however,all rights and defenses as to any successor that the Company would have had 5. DEFENSE AND PROSECUTION OF ACTIONS against any predecessor Insured. (a)Upon written request by the Insured,and subject to the options (e)"Insured Claimant": An Insured claiming loss or damage. contained in Section 7 of these Conditions,the Company,at its (f)"Knowledge"or"Known": Actual knowledge,not constructive own cost and without unreasonable delay,shall provide for the knowledge or notice that may be imputed to an Insured by reason of defense of an Insured in litigation in which any third party asserts the Public Records or any other records that impart constructive a claim covered by this policy adverse to the Insured.This obligation notice of matters affecting the Title. is limited to only those stated causes of action alleging matters (g), insured against b this policy. The Company shall have the right to "Land": The land described in Schedule A,and affixed improvements g y p Y� P Y that by law constitute real property. The term"Land"does not select counsel of its choice(subject to the right of the Insured to include any property beyond the lines of the area described in object for reasonable cause)to represent the Insured as to those or easement instated causes ay Schedule A,nor any right,title,interest,estate, the o action. l f es of an othercounsel. The Company will ne for o will not p t pay anyfees, abutting streets,roads,avenues,alleys,lanes,ways,or waterways, costs,or expenses incurred by the Insured in the defense of those but this does not modify or limit the extent that a right of access to causes of action that allege matters not insured against by this policy. and from the Land is insured by this policy. (b)The Company shall have the right,in addition to the options (h)"Mortgage": Mortgage,deed of trust,trust deed,or other security contained in Section 7 of these Conditions,at its own cost,to instrument,including one evidenced by electronic means authorized institute and prosecute any action or proceeding or to do any by law. other act that in its opinion may be necessary or desirable to (i)"Public Records": Records established under state statutes at establish the Title,as insured,or to prevent or reduce loss or Date of Policy for the purpose of imparting constructive notice of damage to the Insured. The Company may take any appropriate matters relating to real property to purchasers for value and without action under the terms of this policy,whether or not it shall be Knowledge. With respect to Covered Risk 5(d),"Public Records" liable to the Insured. The exercise of these rights shall not be an shall also include environmental protection liens filed in the records admission of liability or waiver of any provision of this policy. of the clerk of the United States District Court for the district where If the Company exercises its rights under this subsection,it must the Land is located. do so diligently. (j)"Title": The estate or interest described in Schedule A. (c)Whenever the Company brings an action or asserts a defense (k)"Unmarketable Title":Title affected by an alleged or apparent as required or permitted by this policy,the Company may pursue matter that would permit a prospective purchaser or lessee of the the litigation to a final determination by a court of competent Title or lender on the Title to be released from the obligation to jurisdiction,and it expressly reserves the right,in its sole discretion,to appeal any adverse judgment or order. Page CONDITIONS(con't) 6. DUTY OF INSURED CLAIMANT TO COOPERATE policy. In addition,the Company will pay any costs,attorneys'fees, (a)In all cases where this policy permits or requires the Company and expenses incurred by the Insured Claimant that were authorized to prosecute or provide for the defense of any action or proceeding by the Company up to the time of payment and that the Company is and any appeals,the Insured shall secure to the Company the right obligated to pay;or to so prosecute or provide defense in the action or proceeding, (ii) To pay or otherwise settle with the Insured Claimant the loss including the right to use,at its option,the name of the Insured for or damage provided for under this policy,together with any costs, this purpose. Whenever requested by the Company,the Insured, attorneys'fees,and expenses incurred by the Insured Claimant that at the Company's expense,shall give the Company all reasonable were authorized by the Company up to the time of payment and that aid(i)in securing evidence,obtaining witnesses,prosecuting or the Company is obligated to pay. defending the action or proceeding,or effecting settlement,and (ii)in any other lawful act that in the opinion of the Company may Upon the exercise by the Company of either of the options provided be necessary or desirable to establish the Title or any other matter for in subsections(b)(i)or(ii),the Company's obligations to the Insured as insured. If the Company is prejudiced by the failure of the under this policy for the claimed loss or damage,other than the Insured to furnish the required cooperation,the Company's obligations payments required to be made,shall terminate,including any liability to the Insured under the policy shall terminate,including any or obligation to defend,prosecute,or continue any litigation. liability or obligation to defend,prosecute,or continue any litigation, with regard to the matter or matters requiring such cooperation. g.DETERMINATION AND EXTENT OF LIABILITY (b)The Company may reasonably require the Insured Claimant to This policy is a contract of indemnity against actual monetary loss or submit to examination under oath by any authorized representative damage sustained or incurred by the Insured Claimant who has suffered of the Company and to produce for examination,inspection,and loss or damage by reason of matters insured against by this policy. copying,at such reasonable times and places as may be designated (a)The extent of liability of the Company for loss or damage under by the authorized representative of the Company,all records,in this policy shall not exceed the lesser of whatever medium maintained,including books,ledgers,checks, (i)the Amount of Insurance;or memoranda,correspondence,reports,e-mails,disks,tapes,and (ii)the difference between the value of the Title as insured and the videos whether bearing a date before or after Date of Policy,that value of the Title subject to the risk insured against by this policy. reasonably pertain to the loss or damage. Further,if requested by (b)If the Company pursues its rights under Section 5 of these any authorized representative of the Company,the Insured Claimant Conditions and is unsuccessful in establishing the Title,as insured, shall grant its permission,in writing,for any authorized representative (i)the Amount of Insurance shall be increased by 10%,and of the Company to examine,inspect,and copy all of these records (ii)the Insured Claimant shall have the right to have the loss or in the custody or control of a third parry that reasonably pertain to damage determined either as of the date the claim was made by the loss or damage. All information designated as confidential by the Insured Claimant or as of the date it is settled and paid. the Insured Claimant provided to the Company pursuant to this (c)In addition to the extent of liability under(a)and(b),the Company Section shall not be disclosed to others unless,in the reasonable will also pay those costs,attorneys'fees,and expenses incurred in judgment of the Company,it is necessary in the administration of accordance with Sections 5 and 7 of these Conditions. the claim. Failure of the Insured Claimant to submit for examination under oath,produce any reasonably requested information,or g.LIMITATION OF LIABILITY grant permission to secure reasonably necessary information from (a)If the Company establishes the Title,or removes the alleged third parties as required in this subsection,unless prohibited by defect,lien,or encumbrance,or cures the lack of a right of access law or governmental regulation,shall terminate any liability of the to or from the Land,or cures the claim of Unmarketable Title,all as Company under this policy as to that claim. insured,in a reasonably diligent manner by any method,including litigation and the completion of any appeals,it shall have fully 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; performed its obligations with respect to that matter and shall not TERMINATION OF LIABILITY be liable for any loss or damage caused to the Insured. In case of a claim under this policy,the Company shall have the (b)In the event of any litigation,including litigation by the Company following additional options: or with the Company's consent,the Company shall have no liability (a)To Pay or Tender Payment of the Amount of Insurance. for loss or damage until there has been a final determination by a To pay or tender payment of the Amount of Insurance under this court of competent jurisdiction,and disposition of all appeals, policy together with any costs,attorneys'fees,and expenses adverse to the Title,as insured. incurred by the Insured Claimant that were authorized by the (c)The Company shall not be liable for loss or damage to the Company up to the time of payment or tender of payment and that Insured for liability voluntarily assumed by the Insured in settling the Company is obligated to pay. any claim or suit without the prior written consent of the Company. Upon the exercise by the Company of this option,all liability and obligations of the Company to the Insured under this policy,other 10.REDUCTION OF INSURANCE;REDUCTION OR TERMINATION than to make the payment required in this subsection,shall terminate, OF LIABILITY including any liability or obligation to defend,prosecute,or contin- All payments under this policy,except payments made for costs, ue any litigation. attorneys'fees,and expenses,shall reduce the Amount of Insurance (b)To Pay or Otherwise Settle With Parties Other Than the Insured by the amount of the payment. or With the Insured Claimant. (i) To pay or otherwise settle with other parties for or in the name of an Insured Claimant any claim insured against under this Page 4 CONDITIONS(con't) 11.LIABILITY NONCUMULATIVE policy,this policy shall be construed as a whole. The Amount of Insurance shall be reduced by any amount the Company (b)Any claim of loss or damage that arises out of the status of the pays under any policy insuring a Mortgage to which exception is taken Title or by any action asserting such claim shall be restricted to this in Schedule B or to which the Insured has agreed,assumed,or taken policy. .Y subject,or which is executed by an Insured after Date of Policy and (c)Any amendment of or endorsement to this policy must be in which is a charge or lien on the Title,and the amount so paid shall be writing and authenticated by an authorized person,or expressly deemed a payment to the Insured under this policy. incorporated by Schedule A of this policy. (d)Each endorsement to this policy issued at any time is made a 12.PAYMENT OF LOSS part of this policy and is subject to all of its terms and provisions. When liability and the extent of loss or damage have been definitely Except as the endorsement expressly states,it does not(i)modify fixed in accordance with these Conditions,the payment shall be made any of the terms and provisions of the policy,(ii)modify any prior within 30 days. endorsement,(iii)extend the Date of Policy,or(iv)increase the Amount of Insurance. 13.RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT (a)Whenever the Company shall have settled and paid a claim. 16.SEVERABILITY under this policy,it shall be subrogated and entitled to the rights of In the event any provision of this policy,in whole or in part,is held the Insured Claimant in the Title and all other rights and remedies invalid or unenforceable under applicable law,the policy shall be in respect to the claim that the Insured Claimant has against any deemed not to include that provision or such part held to be invalid,but person or property,to the extent of the amount of any loss,costs, all other provisions shall remain in full force and effect. attorneys'fees,and expenses paid by the Company. If requested by the Company,the Insured Claimant shall execute documents to 17.CHOICE OF LAW;FORUM evidence the transfer to the Company of these rights and remedies. (a)Choice of Law: The Insured acknowledges the Company has The Insured Claimant shall permit the Company to sue,compromise, underwritten the risks covered by this policy and determined the or settle in the name of the Insured Claimant and to use the name premium charged therefor in reliance upon the law affecting interests of the Insured Claimant in any transaction or litigation involving in real property and applicable to the interpretation,rights,remedies, these rights and remedies. or enforcement of policies of title insurance of the jurisdiction If a payment on account of a claim does not fully cover the loss of where the Land is located. the Insured Claimant,the Company shall defer the exercise of its Therefore,the court or an arbitrator shall apply the law of the right to recover until after the Insured Claimant shall have recovered jurisdiction where the Land is located to determine the validity of its loss. claims against the Title that are adverse to the Insured and to (b)The Company's right of subrogation includes the rights of the interpret and enforce the terms of this policy. In neither case shall Insured to indemnities,guaranties,other policies of insurance,or the court or arbitrator apply its conflicts of law principles to deter- bonds,notwithstanding any terms or conditions contained in those mine the applicable law. instruments that address subrogation rights. (b)Choice of Forum: Any litigation or other proceeding brought by the Insured against the Company must be filed only in a state or 14.ARBITRATION federal court within the United States of America or its territories Either the Company or the Insured may demand that the claim or having appropriate jurisdiction. controversy shall be submitted to arbitration pursuant to the Title Insurance Arbitration Rules of the American Land Title Association 18.NOTICES,WHERE SENT ("Rules"). Except as provided in the Rules,there shall be no joinder Any notice of claim and any other notice or statement in writing or consolidation with claims or controversies of other persons. required to be given to the Company under this policy must be given to Arbitrable matters may include,but are not limited to,any controversy the Company at 400 Second Avenue South, Minneapolis, or claim between the Company and the Insured arising out of or relating Minnesota 55401-2499. to this policy,any service in connection with its issuance or the breach of a policy provision,or to any other controversy or claim arising out of the transaction giving rise to this policy. All arbitrable matters when the Amount of Insurance is$2,000,000 or less shall be arbitrated at the option of either the Company or the Insured. All arbitrable matters when 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 pursuant to this policy and under the Rules shall be binding upon the parties. Judgment upon the award rendered by the Arbitrator(s) may be entered in any court of competent jurisdiction. 15.LIABILITY LIMITED TO THIS POLICY;POLICY ENTIRE CON- TRACT (a)This policy together with all endorsements,if any,attached to it by the Company is the entire policy and contract between the Insured and the Company. In interpreting any provision of this Page 5 ^^ 800 Westchester Avenue a Suite S340•Rye Brook,NY 10573®T(914)381-6700•F(914)381-3131 315 Madison Avenue•Suite 3028•New York,NY 10017•T(212)432-3272•F(800)329-9396 JUDICIAL TITLE 30 West Main Street•Suite 302•Riverhead,NY 11901 •T(631)395-0500•F(631)405-3155 CLOSING REQUIREMENTS CONDITIONS AND STIPULATIONS 1. Closings should be scheduled at least twenty 1. This certificate is intended for lawyers. Your 9. This certificate will except from coverage four hours prior to the anticipated date of closing lawyer should be consulted before taking any any state of facts which an accurate survey so company can continue the title search. action based upon the contents herein. would show, unless survey coverage is requested. Although this company attempts 2. The identity of all persons executing closing 2. This certificate is preliminary to the issuance of to locate surveys on behalf of the proposed documents must be established to the satisfaction such policy or policies of title insurance and all insured,it cannot guarantee the existence of of this company.(i.e.,driver's license,photo ID) liability and obligations hereunder shall cease a survey for a specific property,or that such 3. The company closer may not act as legal advisor and terminate six months after the effective survey will meet current title underwriting date hereof or when the policy or policies standards or the requirements of the for any of the parties or draw legal instruments committed for shall be issued by this company. for any of the parties. The company closer is individual lending institutions.Ultimately it permitted to be of assistance to the attorneys 3. This company must be notified immediately of is incumbent upon the proposed insured to involved with the closing. the recording or filing after the date of this provide this company with an acceptable certificate of any instrument, of the discharge survey if survey coverage is required. 4. Deeds and mortgages must contain the covenant or other disposition of any mortgage, required by Section 13 of the Lien Law and such 10. When municipal department searches are judgment, lien or other matter as set forth in requested or required, the accuracy of the covenant must be absolute and not conditional. this certificate,or any change in the transaction q q y The covenant is not required in deeds from returns therein are not guaranteed nor are to be insured or the parties thereto. such searches continued beyond the date of referees or other duly appointed officials of the court for the sole purpose of selling the real 4. In the event an intermediary will come into title the original search. Any Certificate of property. at closing other than the ultimate insured, the Occupancy, Certificates of Completion or name of such party or parties must be furnished Building Permits issued subsequent to the 5. If any of the closing instruments to be used at to this company prior to closing so that the date of this certificate, or any dismissals or closing will be other than the commonly used appropriate searches can be made and the notices of removal of any building or forms or will contain unusual provisions,a copy relevant exceptions considered. housing violations set forth herein,must be of such instrument should be famished to this submitted to this company prior to closing if company's Legal Department prior to closing. 5. All amendments made by this company to this an amendment to any of the municipal certificate of title, and all correspondence department searches is requested or required 6. If the present transaction consists in whole or in which concern amendments made to this as this company does not independently part of a conveyance or lease by a corporate certificate of title by this company,which said conduct such searches. grantor or lessor,compliance with Section 909 of amendments and correspondence occur the Business Corporation Law must be subsequent to the date of this certificate, shall 11. This certificate includes a search for any established. The written consent of the supersede the relative certifications,exceptions unexpired financing statements which affect outstanding shareholders of said corporation will and other provisions as set forth in this fixtures and which have been properly filed be required and the closing instrument must certificate. and indexed pursuant to the Uniform recite the same.In lieu thereof,the consent of the Commercial Code in the Office of the holders of two thirds of the outstanding shares 6. The certificate shall be null and void if(A)the Recording Officer in the county where the entitled to vote thereon must be obtained at a fees therefore are not paid,(B)the prospective property is situated. No search has been meeting duly noticed and called for in the insured,his attorney or agent makes any untrue made for other financing statements as this manner provided for in Section 605 of the statement with respect to any material fact,or if company does not insure personal property. Business Corporation Law and the closing any untrue answers are given to material Upon request this company will conduct instrument must recite same. inquiries by or on behalf of the company. such additional searches at an additional 7. If the present transaction consists in whole or in 7. The liability of this company under this charge,but the liability of this company in part of the executing of a new mortgage by a certificate shall not exceed the amount of connection with such additional searches corporate mortgagor, compliance with Section insurance taken,and such liability is subject to shall be limited to one thousand dollars. 911 of the Business Corporation Law must be the insuring provisions, the exclusions from 12. If this certificate is being issued in established.A certified copy of the resolution of coverage and the conditions and stipulations of connection with a transaction involving an the Board of Directors of- any corporate the form of policy or policies in favor of the assignment of mortgage or other lien, an mortgagor authorized to execute such mortgage proposed insured. estoppel certificate executed by the owner of will be required. 8. Judgments, mortgages, liens or other adverse the fee estate and by the holders of all 8. This company does not accept personal checks matters as set forth in this certificate and which subsequent encumbrances must be obtained. for the payment of its fees.Only certified or bank concern predecessors in title must be disposed Said assignment must contain full covenants. checks or attorney checks will be accepted at of to the satisfaction of this company. If this closing.This company does accept certain major company is provided with a copy of the current credit cards for the payment of its fees. Kindly owner's policy of title insurance or a copy of consult this office or the closer. the "marked-up" report, said judgments, liens or other adverse matters will be omitted from 9. A mortgagee's policy of title insurance does not this certificate pending receipt by this company provide title insurance coverage to the fee owner. of the necessary proofs or proper letters of If you wish to obtain owner's title insurance,you indemnity from the previous insurer. must request it at/or before closing and pay the applicable premium. CLOSING STATEMENT 2425 LAUREL AVENUE LLC to TOWN OF SOUTHOLD Open Space —43.6± acres Premises: 705, 751 & 2425 Laurel Avenue, Southold Part of SCTM #1000-56.-1-1 SCTM #1000-55.-6-35 Part of SCTM #1000-55.-6-36 Contract of Sale dated August 26, 2022 Closing took place on Monday, March 6, 2023 at 10:30 a.m., Southold Town Hall Annex Purchase Price per contract: $ 1,250,000.00 2022-2023 Real Property Taxes Reimbursement (269 days) $ 2,510.44* *see Assessors unofficial apportionment dated 2/22/2023 $ 1,252,510.44 Disbursement: Payable to Finnegan Law, P.C. as Attorneys Check #151199 (2/28/2023) $ 1,252,510.44 Expenses of Closing: Appraisal Payable to Lawrence Indimine Consulting Corp. $ 8,000.00 Check#148822 (5/24/2022) Survey Payable to Nathan Taft Corwin III Land Surveyor, PC $ 5,500.00 Check#151115 (2/14/2023) Environmental Report Payable to Nelson, Pope & Voorhis, LLC $ 1,850.00 Check#150038 (10/18/2022) Title Report Payable to Judicial Title $ 7,721.00 Check#151259 (2/28/2023) Fee Insurance $ 5,151 Recording Deed $ 1,005 Searches $ 1,094 Title Closer Fee $ 300 Those present at Closing: Martin Finnegan, Esq. Attorney for Seller (Messina) Mary C. Wilson, Esq. Attorney for Town of Southold Lillian F. McCullough, Esq. Land Preservation Executive Asst Elizabeth Martinez Title Company Closer Melissa Spiro Land Preservation Consultant Melanie Doroski Land Management Specialist II TOWN OF SOUTHOLD VENDOR 006310 FINNEGAN LAW, P•.C. 02/28/2023 CHECK 151199 AMOUNT FUND & ACCOUNT P.O.# INVOICE DESCRIPTION CM .8660.2 . 600.100 22-722 030623 43 .6 AC OPEN SPC-MESSI 1,250, 000.00 CM .8660.2 . 600.10.0' 22-722 030623 REAL PROPERTY TAX REIMB 2,510 .44 TOTAL ^ 1,252,510.44 :..� - as rx•LL g is k f mc;�_��;;�" i h�!'.' r_ x,�'J,�,9i;•E:�- ��:�• �- 1,, AN: 'ta ,r;�T��>'i•••"t:�"a=.t. F; .ra; .a:�_ �ic,:!'•�,�.�::1; F" - 1`". M. •3 � 4�-�. .. r(f�:;-aggi;°�:.r`.tll•3� ;9 .c:c::u.H •>. .. ��.`.._fig �,�F�:jii �::.ri.�r...,, • ,.:••�..:... r.;cu�}g�.',yry E3. '�a�•ar.�i:cl,�';,.y+c'-si.:"�7ii•1 -,�. -„ c�1. �. s:Y.. 1'f.,t Y:,,.:gT"" Ectf'•"h'w k-`� 101 r7 S�� Y r�Yri, 'C';^-- - =�:: _ _ _ a iy", 'y1;9;.`iy�Yf;=Y����U�!�1'i�L`�-_'Nf�?aii.y- :,:i•_�r�. ,...•• •s a-c;-^- 'f �.i r�,�•�f�•-"` f e 0 sr o R i r� ��SQL nl��;;r•,^.�lAf� •1'i.;'r.l�I..A',�- r„�:v u__—-_ _�.._.,. :: r.::--��-= r i <F, '3�'ir �' •'J,Z���z;,.1:5�iet�J;��.I°j-��t ii�'�G,s`:tal"?l�::k}>�, G' 'J.t�'?'.�i:�t"�_'��'�l_���-�,- .:�._:.. TOWN OF SOUTHOLD 0 2%2 8/2 0 2 3 AUDIT ! 53095 MAIN ROAD,PO BOX 1179 SOUTHOLD,NY 11971-0959 CHECK NO. 151199 I , THE SUFFOLK CO.NATIONAL BANK CUTCHOGUE,NY 11935 1 DATE AMOUNT 50-546/214 02/28/2023 $1;2521' 510 .44 ONE MILLION TWO HUNDRED FIFTY TWO THOUSAND FIVE HUNDRED TEN AND 44/100:.DOLLARS : ` AY FINNEGAN LAW, P.,C. x �1 7T7THE PO BOX 1452 ORDER 13250 MAIN ROAD ! MATTITUCK NY 11952 I i nw 15 1 L99ii' 1:0 2 140 5464': 63 000004 Oil' Kevin W.Webster,Chairman �:�" b`,;"`. Southold Town Hall,53095 Route 25 Richard L.Caggiano,Assessor P.O.Box 1179 Charles J.Sanders,Assessor � Southold,N 11911-0959 Y February 22, 2023 BOARD OF ASSESSORS TOWN OF SOUTHOLD Re: SCTM#'s 1000-55.-6-36, 56.-1-1, 55.-6-35 'March 6, 2023 Closing Francis & Patricia O'Malleyrrown of Southold To Whom It May Concern: Below please find an unofficial apportionment for the above-referenced property for the 2022-23 tax bill. Lot#: Acres Assessment .2 - 2-23 Taxes::_ ;'Town_ ' 55.-6- /6 36 '7.00 2100/2100 $3,017.71 . - O'Malle 55.-6- /o_36___._. .4:50_ .1400/1400 2 011.80 Total" . 11.50 3500/3500 :$5,029.51 Tow- 56.-1- /0 1 1 8.50__ .. 2550/2550 z$3,664.35 _- O'Malle- - -' 56.-1- /0 1 2.18.: 650/650. 934.04-_ Total - 10.88. _.. 3200/3200 $4,598.39 - `Town 55.-6-35 .:. IV/A -690016900-` - $9,915.31 Below is the Town's portion of the 2022-23 taxes based on the 3/6/2023 closing date. 55.-6= !6 36. $3017.71 X .74 269 da s $. 2,233.1.1 56.-1- /o 1 $3664.35.X-;74 269 days $ 2;711.62 55.-6-35 - _.. $9915.31-X .74 269 days) :Total Tdw,n.Taxes $12,282.06' Below is O'Malley's portion of the 2022-23 taxes based on the 3/6/2023 closing date. .55.-6 /o 36. .. ._- ,$3017.71 X .26 96 da s , $784.60+$2011.80 $2,796.40 56:-1 /0 1 _ $3664.35 X .26 96-days) $952.73 + $934.04 $1,886.77 55.-6=35 $9915.31 X .26 ..96 day s ' $2577.98 2 577 98< Total•O'Malley ' $7,261.15 Taxes__ .. - - Website:www.southoldtownny.gov Ph:(631)765-1937 Fax: (631)765-1356 If you have any questions, please do not hesitate to call our office. Sincerely, '� Kevin W. Webster Chairman KWW/cg i If you have any questions, please do not hesitate to call our office. Sincerely, Kevin W. Webster Chairman KWW/cg Lawrence Indimine Consulting Corp. Invoice 18 Bailey Lane Date Invoice# Manorville,NY 11949 (631) 979-2735 4izsizozz 1z15 Bill To Town of Southold Department of Land Preservation PO Box 1179 Southold,NY 11971-0959 Description Amount Appraisal of Property of Messina(Contract Vendee) 8,000.00 Located at 705,751 &2425 Laurel Avenue,Southold,NY SCTM#1000-56-1-1 SCTM#1000-55-6-35&36 File#21031 Thank you for your business. Total $8,000.00 TOWN OF SOUTHOLD I VENDOR 011893 LAWRENCE INDIMINE CONSULT CORP 05/24/2022 CHECK 148822 I iA FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT CM .8660.2.500.200 35536 1215 APPRSLJMESSINA PROPERTY 8, 000.00 I TOTAL 8,000.00 i u7 11'' t�• "� i70 •'t F#� y, 4, •?hSg---------------------- 4111 .t• IN t �� �=��=;�•,it.�i�•� ,.«�=,.:s +ram-�r s•`•�t - • '' i I r�5 ��y'S t"i �.;.�,^-',I_`7T'�I�1 �`��•i}7X:� 'k '•�1�1'_..[!.-- }�� �� I ----------------------------------------------------------------------------- • �.t'L :il�3r r,`•'.w��� ��:g'."":;'"'`�`•:.�.-.�"-t�w_'Frry a�� /1,;11✓ I • i t ' I c o o nl� n a •n.1••,��1 '7�I F.1 _ +' i TOWN OF So UTHOLD- AUDIT. 0 .53095,MAIN ROAD,PO BOX 1179.•' I - SOUTHOLO,NY 11971-0959 - ' ' •' CHECK;:NO'.' 14.8 822 THE SUFFOLK CO:NATIONAL BANK CUTCHDCUE,NY 11935 DATE AMOUNT 24/202'2 ': HOUSN 0 DOLLARS:' Ay )4AWRENCE INDIMINE .CONSVLT CORD i TD77YE 18 'BAILEY AVENUE :. ORDER MANORVILLE 'NY 11949 . ' ii',L48 ]i 2 211' 1:0 2 140 S 16L, 6 3 000004 0110 i4•� 4 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 1/26/2023 12764 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 Att:Melanie Doroski Job# Client: Terms S.C.Tax Lot No. 42-251 2425 Laurel Avenue LLC. 30 DAYS 1000-55-0-35&36 1000-55-1-1 Description Amount 5,500.00 _ survey of open space for 2425 Laurel Avenue LLC. n4y�_r_ rcccIv� Total $5,950.00 Payments/Credits $0.00 A service charge of 2%per month will be charged on balances 90 days past due Balance Due $5,950.00 U`' ' — TOWN OF SOUTHOLD ' VENDOR 013975 NATHAN T CORWIN III 02/14/2023 CHECK 151115 ;:• A I AMOUNT FUND & ACCOUNTS-- P.O.# INVOICE DESCRIPTION ?� I I , CM .8660.2.600.100 36576 12764 MESSINA PROP SRVY-43 .6AC 5,500.00 I ' TOTAL 5,500.00 ;a I I ? I ' --- -- "� y..-----------•------------------------- --�- ---------=------- ------ ' Ion,TO,, 1 IUD I i i' TOWN OF SOUTHOLD :02/14 23- AUDIT- I _ 63095 MAIN-ROAD,P0-00%1179.. - SOUTHOL'D,NY 11971-0959 - CHECK-.NO.:�'1:5I'-115 •-: THE SUWF LK CO.;NATIONAL BANK DATE AMOUNT' CUTCHOGUE,NY 11935 1:4 2023 RIVE.:THOUSAND FIDE HUNDRED.`AND 00/-100::AOLLARS'' - I I N III AY.' NATHAN T CORW D.7Y E.: L}1ND..ST:TRVEYOR` I:NC..' .. +�''' ,•.� �,�' - RDER': >.PO BOX 16 OF O. JAMESPORT NY 11947 ' u' 15LLLSilo 40214054641e 63 000004 011' I L•J , v 4 Invoice Tli NELSON POPE VOORHIS environmental•land use•planning 70 Maxess Road,Melville,NY11747 (631)427.5665 September21, 2022 Melissa Spiro Project No: V22X330'001.000 Town of Southold Dept of Land Presery Invoice No: 28012 Town Hall Project Manager Steven McGinn 53095"State Rt 25, PO Box 1179 Southold, NY 11971 Project V22X330.001.000 2425 Laurel Avenue,Southold Professional Services Phase SA 818/22 Contract-Phase I ESA Task 1300 Phase IESA Fee 1'850.00 Total this Task $1,850.00 Total this Phase $1,850.00 Total this Invoice $1,850.00 All invoices are due net 30 days. A late charge of 1%per month will be added to any unpaid balance after 30 days. • I ' TOWN OF SO UTHOLD ' VENDOR 014161 NELSON POPE & VOORHIS, LLC 10/18/2022 .. CHECK 150038 I FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT I CM .8660.2.600.100 36574 28012 MESSNA LAUREL AVE ACQUIS 1,850.00 I , TOTAL 1,650.00 i I 7, '1- F; _\ Alp Ur Ai w I I ;�,� �X"r t rya q.�4•���• —/ r I , I ' I I t I I I I ' I I -osm- I _ I .' ____________ ------------------------------- I � � I TOWNOF'SOUTHOID : AUDIT. i•0%i8/2.022.. 53095 MAIN ROAD,PO BOX 1179 I •1 SOUTHOLD,NY 1197- -0959 CHECK.:NQ, 150038 ' - THE SUFFOLK CO:NATIONAL BANK' AMOUNT CUTCHOGUE,NY 11935 DATE ". , -. lo�/ie j2oa-2 ��-� �aso oo. ' ONE'THOUSAND' EIC7HT HUNDRED••FIFTY AND ' 14 00/1'0'0• DOLLARS.- t Z. PAY. ' NELSON POPE &• VOORHIS., .LLC I T,O.THE' :70 .MA}CESS RD: ORDER' low I MELVILLE NY 1174`7' OF` .O. tim.1S0038ii' I:02 IL, 05464ll: 63 00000t, Oil' /.A//\^ JUDICIAL TITLE _ TITLE WSUR NCE CLOSING ESTIMATE Title#: 148443OL-S Closing Date: 03-06-2023 Closer: -Select User- Buyer's Atty: Mary C.Wilson,Esq. Seller: 2425 Laurel Avenue, LLC Seller's Atty: Martin D Finnegan,Esq.,Finnegan Law PC Lender's Atty: Purchaser: Town of Southold Premises: 705 Laurel Avenue Southold,New York Lender: County of Suffolk Property Info: Commercial Unimproved Town of Southold RECEIPT OF THIS BILL IS NOT CONFIRMATION A CLOSING-HAS BEEN SCHEDULED *File may be subject to additional charges based on the logistics of the closing* DESCRIPTION BUYER SELLER LENDER MEMO TO LENDER'S AM Policy&Endorsements _.... ................. ......:........._......._... . ................ ................._...... ......_.._.._ ........ Stated totals are estimates ONLY ...................._..._.... ............. . Owners Policy $1,250,000.00 .$5,151.00 .... and are calculated using ... information provided to Judicial _. _.... Escrows Title prior to the date of closing. . ................... .. ......,... This ESTIMATE should not be Agency Exch to PAY _.._. . . .... _.. .................. .. ..... _.. .. construed as a final bill. Agency Exch to HOLD _..._.. In the event that the information Recording Taxes provided changes,(i.e.page counts,additional searches, a r Ancillary Fees to escrows fort taxes o liens *UCC Search(State) $175.00 additional recordings,changes _..._ ................. a or mortgage purchase price *(2)Additional Tax Search(es) $190.00 amount etc.)the title bill will be *(2)Additional Parcel Searches $700.00 amended accordingly. *(4) Bankruptcy Search $100.00 *(4) Patriot Search $100.00 Closer's Pickup Fee:$250 per *Sales Tax EXEMPT payoff(if applicable) Closers Charge $300.00 ......_.... ....__. .............._._.. .. ..._. ........ _.. ... .._ ........._._.... . _.. Escrow Service Fee NOTES .. .......... . ......... ._ Recording Fees RF* PF* This bill does not include Rec.Deed 6 Pages-3 Lots $930+. $75= $1,005.00 ...... ... or liens ...._.... .... .......g... _......_..) .... _.., ... ....... judgments ..... ........ .. . ............. .... ........ ................ ................. ........................... ................. ............ ... .._. .. ........,.... ............ .......................... .................... ............ .. .............._............_..... . _.. . ................ . .. ........................_..... .. . . .......... ............. ... ... ._........... ... ................................ _................ ........_.. .. ............. .. ... ............. ............................ ...... . ...... . .......... . ... ...................... ._.................... ............._.............. .................._..............._.................._.............. ..,....,........... ........... TOTAL CHARGES $7,721.00 02/22/2023 04:02 PM if 800 Westchester Ave, Suite S340, Rye Brook, NY 10573 o 315 Madison Ave,Suite 3028, New York, NY 10017 a (914)381-6700 e... ..,.. :c ;.. TOWN OF SO UTHOLD VENDOR 012337 THE JUDICIAL TITLE INSURANCE 02/28/2023 CHECK 151259 P FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT CM .8660.2.600.100 22-722 .1484430L—S INS POLICY FEE—MESSINA 5,151.00 CM .8660.2 .600.100 22-722 1484430L—S UCC SEARCH—MESSINA 175.00 CM .8660.2 .600.100 22-722 148443OL—S TAX SEARCHES—MESSINA 190.00 CM .8660.2.600.100 22-722 148443OL—S ADDTL PARCEL SRCHS—MSSNA 700.00 CM .8660.2 .600.100 22-722 1484430L—S BANKRUPTCY SEARCH—MESSNA 100.00 _ CM .8660.2 .600 .100 22-722rk4641}L:;S'-�—•. PATRIOT SEARCH—MESSINA 100. 00 CM .8660.2. 600.100 22',712,2-.-'-14,q j,-A'3-0 ^TITLE CLOSER FEE—MESSINA 300.00 CM .8660.2. 600.100 }22j 722%; A QI A;g:17 RECORDING DEED—MESSINA,. 1,005.00 `TO-TAL 7,721.00 40 g �3. t:5 19'h 4,14 0-L' lr`,', i rri..• . s=. "•a 94, I'::::;2�:T: '�'i,a� ,-�.,•tF�l .� 11 i;y;:rC" -,;:e1•'_"f _,},7 �'i: `` �+3r"'{sa `C ,!rtp" ;a .: .:gin;�]€'•�'C f��_->„.;�#�" q `t c`�, _ --at:. eu-r4 M.sc7;:'Iw'';.5-r,�iq.,.»_,_:" - .. .�•,,..,,�r,: .'i�i n�t: ,ti.`,, <.., t., - t FI) e7:a "i„1 r•!ti t� uxh >,}�: �'t c'Tis l�najv .l ri. �CI`t �..,�:s k.4;.1.,.l.t'I�''ll -_._ _..�i'f:�ly�:lta,`.c;C.i. �X:,4 i�: 8i°: _-...�.�'::.. t7•r..'..4.w....i�t�...} ;nw�§. s,'.-1:_q:�.:. 31��{:. .'i :- �. �. '`.. TOWN OFSOUTHOLD 02/28/2023• AUDIT 53095 MAIN ROAD,PO BOX 1179 SOUTHOLD,NY 11971-0959 CHECK NO. 151259 THE SUFFOLK CO.NATIONAL BANK CUTCHOGUE,NY 11935 DATE AMOUNT 50-546/214 02/28/2023 $7.,72.1.00 SEVEN THOUSAND SEVEN HUNDRED TWENTY ONE AND 00/100 DOLLARS I �aSt1f.FOC�co � AY THE JUDICIAL TITLE INSURANCEcoo -� o. �TO THE AGENCY, LLC G: • �� jORDER 800 WESTCHESTER AVE, STE 340S OF - RYE BROOK NY 10573 I , . ��' 15 1 259110 1:0 2 140 54640: 63 000004 0110 SVFF�(� OFFICE LOCATION: LILLIAN F.McCULLOUGH �� C'0 f Town Hall Annex LAND PRESERVATION �.Z►o G.f. 54375 State Route 25 EXECUTIVE ASSISTANT (corner of Main Rd&Youngs Ave) lillianm@southoldtownny.gov y 2 Southold,New York Telephone(631)765-5711 G ® MAILING ADDRESS: P.O.Box 1179 0� Southold,NY 11971-0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD To: Supervisor Russell Tax Assessors Town Board Building Department Town Clerk Data Processing Land Preservation Committee Planning Board Town Attorney Trustees Town Comptroller Director of Public Works The Nature Conservancy Peconic Land Trust, Inc. Suffolk County Division of Real Estate From: Lillian F.McCullough, Executive Assistant Date: March 6,2023 Re: 2425 LAUREL AVENUE LLC to TOWN OF SOUTHOLD Open Space Acquisition—43.6 acres(fka"Messina"property) Please be advised that the Town has acquired the open space property listed below. If you would like any additional information regarding this purchase,please feel free to contact me. SCTM#: 1000-56.-1-p/o 1; 1000-55.-6-35; 1000-55.-6-p/o 36 LOCATION: 705,751 &2425 Laurel Avenue,Southold OPEN SPACE ACREAGE: 43.6 acres PROPERTY OWNER: 2425 Laurel Avenue LLC CONTRACT DATE: August 26,2022 CLOSING DATE: March 6,2023 PURCHASE PRICE: $ 1,250,000.00 per contract FUNDING: CPF 2% Land Bank. MISCELLANEOUS: This parcel is on the Town's Community Preservation Project Plan List and is part of a Conservation Subdivision receiving Conditional Final Plat Approval from the Southold Town Planning Board on September 13,2022.The purpose'of this acquisition is for open space,passive recreational purposes and wetland protection. Proposed uses of this property may include the establishment of a nature preserve, passive recreational area with trails and limited parking for access purposes,all subject to a Management Plan to be developed for this property. 53.6 sanitary flow credits are available for transfer into the Town Sanitary Flow Credit Bank from this acquisition subject to a Town Board resolution regarding this transfer. i '