HomeMy WebLinkAboutL 13306 P 613 I IIIIIII IIII IIIII IIIII full IIIII IIIII IIIII IIIII IIII IIII
IIIIIII 1111111111 IIII Ill1
SUFFOLK COUNTY CLERK
RECORDS OFFICE
RECORDING PAGE
Type of Instrument: DEED Recorded: 08/26/2025
Number of Pages : 5 At: 09 :53 : 05 AM
Receipt Number : 25-0109888
TRANSFER TAX NUMBER: 25-02472 LIBER: D00013306
PAGE : 613
District: Section : Block: Lot:
1000 108 . 00 04 . 00 001 .004
EXAMINED AND CHARGED AS FOLLOWS
Deed Amount: $2 , 465, 000 . 00
Received the Following Fees For Above Instrument
Exempt Exempt
Page/Filing $25. 00 NO Handling $20 . 00 NO
COE $5. 00 NO NYS SRCHG $15. 00 NO
EA-CTY $5. 00 NO EA-STATE $125 . 00 NO
TP-584 $5. 00 NO Notation $0 . 00 NO
Cert.Copies $0. 00 NO RPT $400 . 00 NO
Transfer tax $9,860. 00 NO Mansion Tax $14 ,790 . 00 NO
Comm.Pres $61 , 625 . 00 NO Comm.Pres Fund $49, 300. 00 NO
Comm.Housing Fund$12 , 325 . 00 NO
Fees Paid $86, 875. 00
TRANSFER TAX NUMBER: 25-02472
THIS PAGE IS A PART OF THE INSTRUMENT
THIS IS NOT A BILL
VINCENT PULEO
County Clerk, Suffolk County
i
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. oa
S RECORDED
Numberof pages 2025 Rut+ 26 09:53:05 AM
VINCENT PULEFJ
CLERK OF
SUFFOLK COUNTY
This document will be public L D00013306
record. Please remove all P 613
Social Security Numbers DT# 25-02472
prior to recording.
Deed/Mortgage Instrument Deed/Mortgage Tax Stamp Recording/Filing Stamps
3 1 FEES
Page/Filing Fee Z5.C.ri l Mortgage Amt.
1.Basic Tax
Handling 20. 00
2. Additional Tax
TP-584 QG Sub Total
Notation Spec./Assit.
or
EA-5217(County) 5-OD Sub Total 55-OD Spec./Add.
EA-5217(State) ZS TOT.MTG.TAX
Dual Town Dual County
R.P.T.S.A. _�,' � Held for Appointment
Comm.of Ed. 5. 00 Transfer Tax CPe60•cc
Affidavit _ - . Mansion Tax 1'l 7G0.00
�{dD The property covered by this mortgage is
Certified Copy or will be improved by a one or two
NYS Surcharge 15. 00 I JlS UG family dwelling only.
Sub Total S'- YES or NO
Other Corand Total ` DD- 0C) � If NO,see appropriate tax clause on
page of this instrum nt.
ZI.O rE Is Z
4 Dist.1000 Section 108.Qfln Rlnr4flA. (1r1 -•^^+ ^93 & 5 Community Preservation Fu1nd
25034812
Real Property l `t�l }4 Consideration Amount$Z LIT
5, 000,O�)Tax Service T S�
VerificationAgency zsoffy z I Illlll IIIII IIIII IIIII IIIII III CPF Tax Due $ 6 z UG
I 1 �nSe6y t Improved S
6 Satisfact _...._. .., ..,,,y,. .ass t'
RECORD&RETURN TO: Vacant Land
Riverhead Construction Financing LLC TD
Atten: Stacy Yakaboski,Esq.
250 David Court TD
Calverton, NY 11933 TD
Mail to: Vincent Puleo, Suffolk CountyClerk 7 Title Company Information
P Y
310 Center Drive, Riverhead, NY 11901 Co.Name Dime Abstract LLC
www.suffolkcountyny.gov/clerk Title#
BAL6106S
8 Suffolk County Recording & Endorsement Page
This page forms part of the attached DEED IN LIEU OF FORECLOSURE made
by: (SPECIFY TYPE OF INSTRUMENT)
Further North Farm LLC The premises herein is situated in
SUFFOLK COUNTY, NEW YORK.
TO In the TOWN of Southold
Riverhead Construction Financing LLC In the VILLAGE
or HAMLET of
BOXES 6 THRU S MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING.
over
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► PT S
Doc ID: F25034812 R DTY A
5-AUG-25
Tax Maps
District Secton Block Lot School District Sub Division Name
1000 10800 0400 001003
1000 10800 0400 001004
I
August 25, 2025
DEED IN LIEU OF FORECLOSURE
This DEED IN LIEU OF FORECLOSURE("Deed"),dated as of August 18,2025,
between FURTHER NORTH FARM LLC,a New York Limited Liability Company,having an
address at 10947 N.Bayview Road,Southold,New York 11971 ("Grantor"),and RIVERHEAD
CONSTRUCTION FINANCING,LLC,a New York Limited Liability,having an office at 250
David Court,Calverton,New York I t933("Grantee").
Grantor,for and in consideration of Ten and No/100 Dollars($10.00)and other good
and valuable consideration paid by Grantee,does hereby grant and release to Grantee,and
Grantee's heirs,successors,and assigns,forever,
ALL that certain plot,piece,or parcel of land situate,lying,and being in the County of
Suffolk,State of New York,known and designated as Tax ID Dist. 1000 Sec. 108.00 Block
04.00 Lot 001.003&001.004 on the Tax Map of Suffolk County,New York,on the Tax Map of
Suffolk County,New York a/k/a 18625 Main Road,Mattituck,NY 11952 and more particularly
described in Exhibit A attached hereto(the"Land"),said premises is being and intended to be
the same premises described in a certain deed made by Showalter Farms LLC dated 11/19/2021
recorded 1/19/2022 in Liber 13139,Cp. 19,
TOGETHER with all buildings,foundations,structures,and other improvements and
fixtures,erected, installed,or located in,on,or at the Land(collectively,the"Improvements"),
TOGETHER with all of Grantor's right,title,and interest,if any,in and to all
easements,rights of way,and other rights appurtenant to the Land,
TOGETHER with all of Grantor's right,title,and interest,if any,to any streets and
roads abutting,in front of,or adjoining the Land to the center lines thereof,
TOGETHER with the appurtenances and all of the estate and rights of the Grantor in
and to the Land and the Improvements(collectively,the"Property"),
TO HAVE AND TO HOLD the Property unto Grantee and Grantee's heirs,successors,
and assigns forever.
Grantor covenants that it is seized of the Property in fee simple;that it has good right to
convey the Property;that Grantee shall quietly enjoy the Property;that the Property is free from
encumbrances;that Grantor will execute or procure any further assurance of the title to the
Property;and that Grantor will forever warrant the title to the Property.
Grantor acknowledges,represents,and confirms that this transaction is fair and equitable
based on Grantor's reasonable determination of the value and financial condition of the Property.
Grantor understands the effect of the delivery of this Deed to Grantee and is acting freely and
voluntarily and is not under any coercion or duress.Grantor acknowledges,represents,and
confirms that by the delivery of this Deed Grantor is not rendered insolvent and this Deed is not
being delivered for the purpose of defrauding creditors or avoiding the payment of any of its
debts.
This is an absolute conveyance of title in effect as well as form and is not intended as a
mortgage,trust conveyance,or security of any kind.The consideration therefore,is the full
release of all debts,bonds,notes,obligations,costs and charges under the terms of certain
mortgages,as consolidated,existing on the property being conveyed recorded in the Office of the
Suffolk County Clerk in Liber 23368,Page 769,in Liber 23393,Page 430,and in Liber 23582,
Page 601.This conveyance completely satisfies such obligation and terminates said mortgages,
as consolidated,and the notes secured thereby and any effect thereof in all respects.
Grantor's acknowledgments and assurances in this Deed are made to induce any title
company to issue title policies of title insurance affecting the Property and are further made to
protect and benefit Grantee and its successors and assigns,and all other persons who may
hereafter acquire an interest in the Property.
Grantor agrees to execute any additional documents that Grantee may reasonably deem
necessary or desirable to carry out the purposes hereof.
A
WFG National Title Insurance Company
Title Number: BAL6106S
Page 1
DESCRIPTION
Parcel I
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected,
situate, lying and being at Mattituck, in the Town of Southold, County of Suffolk and State of New
York, bounded and described as follows:
BEGINNING at a monument on the northerly side of Main Road distant 1190 feet, more or less,
westerly as measured along the northerly side of Main Road from the corner formed by the
intersection of the westerly side of Elijah's Lane and the northerly side of Main Road; said point
also being where the southwesterly corner of land now or formerly of New York State (Recharge
Basin) and the southeasterly corner of land about to be described intersects the northerly side of
Main Road;
RUNNING THENCE along the northerly side of Main Road, South 76 degrees 45 minutes 37
seconds West, 244.00 feet to land now or formerly of Edward F. Rutkoski;
THENCE along said last mentioned land, North 34 degrees 24 minutes 53 seconds West, 325.00
feet to a monument;
THENCE North 52 degrees 23 minutes 05 seconds East, 375.31 feet to a monument and the
westerly boundary line of land as shown on Map of Elijah's Lane Estates, Section 2, Filed
10/8/1996 as Map Number 9912;
THENCE along said last mentioned westerly boundary line of land as shown on the Map of Elijah's
Lane Estates, Section 2, Filed 10/8/1996 as Map Number 9912, the following three (3) courses and
distances:
1. South 37 degrees 36 minutes 50 seconds East, 67.36 feet to a monument;
2. South 36 degrees 32 minutes 50 seconds East, 162.95 feet to a monument; and
3. South 38 degrees 30 minutes 50 seconds East, 101.20 feet to a monument and land now
or formerly of New York State (Recharge Basin) first above mentioned;
THENCE along said last mentioned land, the following two (2) courses and distances:
1. South 51 degrees 30 minutes 17 seconds West, 170.98 feet to a monument;
2. South 36 degrees 49 minutes 33 seconds East, 303.55 feet to a monument on the northerly
side of Main Road, at the point or place of BEGINNING.
1
WFG National Title Insurance Company
Title Number: BAL6106S
Page 2
DESCRIPTION
Parcel II
ALL that certain plot, piece or parcel of land, situate, lying and being at Mattituck, in the Town of
Southold, County of Suffolk and State of New York, bounded and described as follows:
BEGINNING at a monument on the southwesterly corner of the premises about to be described,
distant the following two (2) courses and distances from a monument on the northerly side of Main
Road which said monument is distant 1190 feet, more or less westerly from the corner formed by
the intersection of the easterly side of Elijah's Lane with the northerly side of Main Road;
1. Along the northerly side of Main Road, South 76 degrees 45 minutes 37 seconds West,
244.00 feet;
2. North 34 degrees 24 minutes 53 seconds West, 325.00 feet to said point of BEGINNING;
RUNNING THENCE from said point of beginning, along land now or formerly of Henry Rutkoski
and Helen Rutkoski, North 36 degrees 09 minutes 45 seconds West, 2460.44 feet to land now or
formerly of Long Island Railroad;
THENCE along said land now or formerly of Long Island Railroad, North 46 degrees 14 minutes 21
seconds East, 336.89 feet to the westerly boundary line of land as shown on the Map of Elijah's
Lane Estates, Section 3, Filed 10/8/1996 as Map Number 9913;
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THENCE along said westerly boundary line of land on said map and continuing along the westerly
boundary line of land as shown on the Map of Elijah's Lane Estates, Section 2, Filed 10/8/1996 as
Map Number 9912, the following six (6) courses and distances:
1. South 40 degrees 09 minutes 50 seconds East, 140.51 feet;
2. South 36 degrees 31 minutes 50 seconds East, 423.50 feet;
3. South 34 degrees 42 minutes 50 seconds East, 492.40 feet;
4. South 38 degrees 31 minutes 50 seconds East, 643.60 feet;
5. South 37 degrees 02 minutes 50 seconds East, 566.37 feet; and
6. South 37 degrees 36 minutes 50 seconds East, 230.27 feet to a monument;
THENCE South 52 degrees 23 minutes 05 seconds West, 375.31 feet to the monument at
the point or place of BEGINNING.
I
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Grantor,in compliance with Section 13 of the Lien Law,covenants that Grantor will
receive the consideration of this conveyance and will hold the right to receive such consideration
as a trust fund to be applied 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 words"Grantor"and"Grantee"shall be construed as if they read"Grantors"or
"Grantees,"respectively,whenever the sense of this Deed requires.
IN WITNESS WHEREOF,Grantor has duly executed this Deed the day and year first
above written.
GRANTOR:
FURTHER NORTH FARM LLC,a New York
Limited Liabilit y C mpany
By:,
me: Richard J. rincipi,Jr.
Tit : ole Mem r,Managing Member
IN PRESENCE OF:
STATE OF NEW YORK )
COUNTY OF SUFFOLK )ss
On the A&day of Ali in the year 2025 before me,the undersigned,personally
appeared Richard J. Principi,Jr., ersonally known to me or proved to me on the basis of
satisfactory evidence to be the individual(s)whose name(s)is subscribed to the within
instrument,and acknowledged to me that[he/she/they]executed the same in his capacity(ies),
and that by his signature(s)on the instrument,the individual(s),or the person on behalf of the
individual(ss acted,exe uted the instrument.
NOTARY PUBLIC TEpESAKISELYAK
Public.State of New York
=:. No.01K14665565
Oualiried in Suffolk County
Comrrrission Expires 08/31/2028
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INSTRUCTIONS(RP-5217-PDF•INS):www.orps.state.fry.us
FOR COUNTY USE ONLY New York Stale Department of
a 1:1.SYMB code 1 � Taxation and Finance
C2.Data Deed Recorded I / .a rxLP/ 5 I Once of Real Property Tax Services
IIMa' an YW RP-5217-PDF
C9.Book I 1,3,rl,�I C4.P890 I , Real Property Transfer Report(BM0)
PROPERTY INFORMATION I
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1-P-Peny 18625 main Road
Location
•STREET NUNBEP •STREET NAME i
Southold
11971
•ctrP oa TOWN VIU ACE •ZrcOcE
2.Buyer Rive rheadConstruction Fintir.c,z LLC.
Name
LAST NAMEICCIAPA W nRaT NAME
LAST NAMELOMPA FWar aW E
2.Tax lrmr=e whore future Tax Sits are in be sour
BIII Ing 0 other than buyer address(al bosom of form) LAST NAYaXaMPAW rwsT xu o
Address
amEET NUMBER AND NAME c"oR TOWN STATE rrcOOE
4.Indicate the number of Assessment 2 a al Parcels OR Pan al a Paroat (Only 11 Pall eye Parcel)Check as they apply:
Rail pneols transferred an tiro dead 4A.Planning Bead with Subdivision Auemmy Exists
s•Dead OR 24.18 49.Subdivision Approval was
Property •rRpa FEET •DEPTN -ACRES
PP REQulrod for Transfer
Stre 4C.Pareal Approved for Subdivision with Map Provided
Further North Farm LLC
ff.Sallar •LAST NAUTUCOMPANT FRerNAME
Name
LAST IIAMECOMPANT FIRRT NAME
•7.Select the description which most Recuratoly describes the Check the boxes below as easy apply:
use of the property at the time of safe: S.Ownership Type Is Condominium
A.One Family Residenlial & Agricultural 9.New Construction on a Vacant Land ❑
10A.Property Located within an Agricultural District
111111.Buyer received a disclosure notice Indkwrirg that the property is in an
Agricultural District
SALE INFORMATION T5.Check one or mom of those carldNans as applicable to transfer.
A.Salo Between Relatives or Fca r Reldlws
11.Salo Contract Data B.8010 between Related Companies or Partners in Business.
C.One of the Buyers is also a Sailer
12.Data of SoferT4ansfer 0 8/18/2 0 2 5 D.Buyer or Seller is Government Agency or Lending Institution
E.Dead Type not Warmrriy or Bargain and Sale(Specify Below)
F.Said or Fractional or Lass than Fee laleresl(Specify Balaw)
•17.Full Sale Price 2,4 65,000.()o G.Signirrnm Change In Property Between Taxable Stolus and Sale Dates
11,Sao of Business Is Included In Sale Price
(Full Sale Price is The tntal amount paid tar the property Including pemonai property. I.Other Unusual Factors Affecting Salo Price(Specify Below)
This payment may be in The form of coon,other property or goods•or the assumption of J.None
mortgages or other obligations.)Please round to the noamal whale abllaramormt •Comment(a)on Condition:
14.Indicate the value of personal
Property Included In She safe •W deed in lieu of foraClosure
ASSESSMENT INFORMATION-Data should reflect the latest Final Assessment Roll and Tax Bill
16.Year of Assesamoni Roll from which I for maean taken(YY) 25 •17.Total Assessed Voluo 9 300
•19.Property Class 210 & 129 _ '19.School District Name Mattituck—Cutchogue
•20.Tax Map Identinor(eypoli Momlflor(s)pf more than four,attach shot with addldonal Idonellor(e0
1000 108.00 0.00 001.003 1000 108.00 04.00 001.004
CERTIFICATION
I Carly that all of the Items of Information entered on this form are tnro and correct(to the hest of my knowledge and hoiiol)and I understand that the making of any willful
Was statement of material fact homin dubloai mo to ths.DMWS1er19Af.VIe.WnpUow mlatMa to the making and filing of hiso Instruments.
5ELLER G.RA.T.yRE BUYER CONTACT iNFpRMAT10N
(En:w:don onvi for The buyer.Now.II buyers LLC.mdey,assm7rao.wervarion,yarn swat compmry,avow Or
MW Not le rive an&WMduM Ream o Mabry.earn a norms end coy au nbrmotbn of an awNwuoweepoaible
bum adMD co a Weahme neantiMp caw saner must be tl.brod Typo a Print clearly.)
BEtsER BIGNAi DATE Co., �a C -i
BUYEB LGp9IURE Rirerhea struc on Fin.Zing LC
LAST RASE 0NWTNAME
4p 996-3143
•ARErACODE RELEPTIONE NUMBER rE•.rdrsteh
BYTE DATE
250 David Court
.STREET NUMBER 'STREET NAME
I ; Riverhead NY ' 11901
'Gn'air 10NM 'STATE 'MPWM
IJUYER'SAT-TORNEY
Yakaboski Stacy
I LAST NAME FRUIT NAME
16311 996-3143
AREA CODE TELEPHONE NUMBER eE•9982MNt
11 I