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HomeMy WebLinkAboutSUMMIT LANE~ELIZABETH NEVILLE TOWN CLERK REGISTRAR OF V1TAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hall, 53095 Main Road PO Box 1179 Southold, NY 11971 Fax (631) 765-6145 Telephone: (631) 765-1800 southoldtown.northfork.net RESOLUTION # 2005-491 Resolution ID: 1056 Meeting: 08/16/05 04:30 PM Department: Town Attorney Category: Road Dedications THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION NO. 2005-491 OF 2005 WAS ADOPTED AT THE REGULAR MEETING OF THE SOUTHOLD TOWN BOARD ON August 16, 2005: WHEREAS, Gusmar Realty Corporation has made application to the Town Board of the Town of Southold to dedicate certain roads in East Marion, New York, to be known as SUMMIT LANE, MAR1NA LANE, and GUS DRIVE, and also RECHARGE BASIN and DRAINAGE EASEMENT, as shown and designated on the subdivision maps entitled Map of Summit Estates, Section One, filed in the Office oft he Clerk of the County of Suffolk on November 4, 1993 as Map No. 9426, Map of Summit Estates, Section Two, filed in the Office of the Clerk of the County of Suffolk on May 21, 2002 as Map No. 10768, and Map of Summit Estates, Section Three, filed in the Office of the Clerk of the County of Suffolk on May 21, 2002 as Map No. 10769, together with the release executed by the owner thereof; and WHEREAS, the Southold Town Superintendent of Highways has inspected the said highways, recharge basin and drainage easement and has advised the Town Board that said proposed highways and land complies in all respects with the specifications for the dedication of highways and drainage in the Town of Sonthold; now therefore, be it RESOLVED, that in accordance with Section 171 of the Highway Law of the State of New York, consent beT and the same hereby is~ given to the Superintendent of Highways to make an order laying out the aforesaid highways~ to consist of lands described in said application as shown on certain maps attached to said application; and be it FURTHER RESOLVED, that the Town Clerk be, and she hereby is, authorized and directed to forthwith cause the dedication, release and deed to be recorded in the Office of the Clerk of the County of Suffolk, New York. Elizabeth A. Neville Southold Town Clerk Page 2 © O TOWN OF SOUTHOLD: STATE OF NEW YORK In the matter of the Application of GUSMAR REALTY CORPORATION For Laying Out of Highways in East Marion, Town of Southold, Suffolk County, New York to be known as: SUMMIT LANE (fJk/a Chios Lane) AND GUS DRIVE APPLICATION To the Town Superintendent of Highways of the Town of Southold in the County of Suffolk and State of New York; The undersigned petitioner, GUSMAR REALTY CORPORATION, as owners of SUMMIT LANE (f/k/a Chios Lane) AND GUS DRIVE, a New York Corporation having its principle place of business at 13-15 37th Avenue, Long Island City, NY 11101, liable to be assessed for highway taxes in the Town of Southold, hereby to apply to the Town Superintendent of Highways to lay out new highways at East Marion, in the Town of Southold, County of Suffolk and State of New York as follows: 1. The highways known as SUMMIT LANE (ffk/a Chios Lane) AND GUS DRIVE as shown and designated, on a certain map entitled "Map Of Summit Estates, Section Three," situate at East Marion, Town of Southold, Suffolk County, New York, filed in the Office of the Clerk of the County of Suffolk on May 21, 2002 as Map No. 10769, "Map of Summit Estates, Section Three." (:3 And we do release the said Town of Southold fi.om all damages by reason of the layout out of the said highway. GUSMAR REALTY CORPORATION. pantelfs~akiris~ ~esident STATE OF NEW YORK ) ) SS.: COUNTY OF~5 ) On the ~ day of October in the year 2004 before me, the undersigned, personally appeared PANTELIS FAKIRIS, personally known to me or proved to me on the basis of satisfactory 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 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 behalf of which the individual(s) acted, executed the instrument. 90NNA M. NEUBAUER NOTARY PUBLIC, State of New York No. 4t-4796600 Qualified in Queen.'; ~ :,t!nt¥,,,/ Term Expires Septem~; :~, 20 ~ Notary Public TOWN OF SOUTHOLD: STATE OF NEW YORK COUNTY OF SUFFOLK In the Matter of the Application of ORDER LAYING OUT GUSMAR REALTY CORPORATION, for the HIGHWAYS WITH Laying Out of Highways at East Marion, Town of THE CONSENT OF Southold, Suffolk County, New York, to be known THE TOWN BOARD as: "SUMMIT LANE", "MARINA LANE", "GUS DRIVE", "RECHARGE BASIN" and "DRAINAGE EASEMENT" WRITTEN application having been duly made to me, the Town Superintendent of Highways for the Town of Southold, County of Suffolk and State of New York, for the laying out of Town highways in the said Town of Southold by GUSMAR REALTY CORPORATION, liable to be assessed for highway taxes in the said Town, and a dedication and release from damage having been executed, acknowledged and delivered by the owners of the land through which the proposed highways are proposed to be laid out, a copy of which is annexed hereto, and nothing having been paid to any claim for such damages; NOW, THEREFORE, I, Peter W. Harris, the Town Superintendent of Highways of the Town of Southold, County of Suffolk and State of New York, DO HEREBY DETERMINE AND ORDER that the Town highways be, and the same hereby are, laid out at East Marion, in the Town of Southold as follows: The highways are known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN, and DRAINAGE EASEMENT, as shown on certain maps entitled "Map of Summit Estates, Section One", "Map of Summit Estates, Section Two", and "Map of Summit Estates, Section Three", situate at East Marion, Town of Southold, .. © O County of Suffolk and State of New York, filed in the Office of the Clerk of the County of Suffolk on November 4, 1993, as Map No. 9426, on May 21, 2002, as Map No. 10768, and on May 21, 2002, as Map No. 10769. Dated the 3rd day of August, 2005. Peter W. Harris, Town Superintendent of Highways, Town of Southold, Cotmty of Suffolk, New York TOWN OF SOUTHOLD: STATE OF NEW YORK COUNTY OF SUFFOLK In the Matter of the Application of ORDER LAYING OIJT GUSMAR REALTY CORPORATION, for the HIGHWAYS WITH Laying Out of Highways at East Marion, Town of THE CONSENT OF Southold, Suffolk County, New York, to be known THE TOWN BOARD as: "SUMMIT LANE", "MARINA LANE", "GUS DRIVE", "RECHARGE BASIN" and "DRAINAGE EASEMENT" WRITTEN application having been duly made to me, the Town Superintendent of Highways for the Town of Southold, County of Suffolk and State of New York, for the laying out of Town highways in the said Town of Southold by GUSMAR REALTY CORPORATION, liable to be assessed for highway taxes in the said Town, and a dedication and release bom damage having been executed, acknowledged and delivered by the owners of the land through which the proposed highways are proposed to be laid out, a copy of which is annexed hereto, and nothing having been paid to any claim for such damages; NOW, THEREFORE, I, Peter W. Harris, the Town Superintendent of Highways of the Town of Southold, County of Suffolk and State of New York, DO HEREBY DETERMINE AND ORDER that the Town highways be, and the same hereby are, laid out at East Marion, in the Town of Southold as follows: The highways are known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN, and DRAINAGE EASEMENT, as shown on certain maps entitled "Map of Summit Estates, Section One", "Map of Summit Estates, Section Two", and "Map of Summit Estates, Section Three", situate at East Marion, Town of Southold, County of Suffolk and State of New York, filed in the Office of the Clerk of the County of Suffolk on November 4, 1993, as Map No. 9426, on May 21, 2002, as Map No. 10768, and on May 21, 2002, as Map No. 10769. Dated the ~ day of ~__~ ~ ~et~W~. I~arris, Town gup-erintendent of Highways, Town of Southold, County of Suffolk, New York ELIZABETH A. NEVI~,T,F. TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRL~GE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hail, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork.net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD To: Superintendent of Highways Peter W. Harris Town Engineer James Richter Town Attorney Patricia Finneg~..x From: Town Clerk Elizabeth Neville ~/ Re: Proposed Highway Dedication of Summit Estates Subdivision, Sec. 1, 2, & 3 Date: November 9, 2004 Transmitted arc all documents and maps relative to this proposed highway dedication. Please review them for accuracy and send me your written recommendations. Thank you. © O TOWN OF SOUTHOLD: STATE OF NEW YORK In the matter of the Application of GUSMAR REALTY CORPORATION for for the Laying Out of Highways in East Marion, Town of Southold, Suffolk County, New York to be known as: SUMMIT LANE (f/k/a Chios Lane)AND GUS DRIVE DEDICATION and RELEASE We, GUSMAR REALTY CORPORATION, being the owners of certain land in East Marion, Town of Southold, Suffolk County, New York, and included within which land is proposed highways known as SUMMIT LANE (f/k/a Chios Lane) AND GUS DRIVE described in the above matter dated October 20, 2004; NOW THEREFORE, in consideration of One ($1.00) Dollar to us in hand paid by Peter Harris, Superintendent of Highways of Said Town of Southold, and in further consideration of laying out the new highways known as SUMMIT LANE (f/k/a Chios Lane) AND GUS DRIVE do hereby release and dedicate to Town of Southold all the land heretofore owned by us within said proposed highways as follows: The highways known as SUMMIT LANE (fJk/a Chios Lane) AND GUS DRIVE as shown and designated, on a certain map entitled "Map Of Summit Estates, Section Two," situate at East Marion, Town of Southold, Suffolk County, New York, filed in the Office of the Clerk of the County of Suffolk on May 21, 2002 as Map No. 10769, "Map of Summit Estates, Section Three." © O And we do release the said Town of Southold fzom ail damages by reason of the layout out of the said highway. GUSMAR REALTY CORPORATION. Pa~tells Fakiris, President 1 STATE OF NEW YORK ) ) SS.: COUNTY OF ~ ) On the 2S day of October in the year 2004 before me, the undersigned, personally appeared PANTELIS FAKIRIS, personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument, the individuai(s), or the person upon behalf of which the individual(s) acted, executed the instrument. DONNA M. NEUBAtER NOTARY PUBLIC, State of New No. 41-4796600 O,m]ified n Queens County lrrm ! ~!'!ifes September 30, LO __~_~.) Notary Public ' ' PATRICIA A. FINNEGAN~ TOWN ATTORNEY patricia, finnegan@town.southold.ny.uskieran.corcoran@town.southold.ny.usLORIA,S$1STANTASSISTANTKIERAN HULSE M. TOWN TOWN MONTEFUSCO CORCORAN ATTORNEY ATTORNEY lori.monte fusco@town.southold.ny.us JOSHUA Y. HORTON Supervisor Town Hall Annex, 54375 Route 25 P.O. Box 1179 Southold, New York 11971-0959 Telephone (631) 765-1939 Facsimile (631) 765-6639 OFFICE OF THE TOWN ATTORNEY TOWN OF $OUTHOLD July 15, 2005 Paul Caminiti, Esq. P.O. Box 846 53345 Main Road Southold, NY 11971 Re: Summit Estates Road Dedication Dear Mr. Caminiti: We have completed our review of all of the paperwork submitted in connection with the referenced matter and find everything to be in order. In this regard, I am enclosing a revised Application form as well as a revised Dedication and Release document which reflect all three Sections of the filed maps encompassing all items being dedicated. The previous documents only referenced the Map of Summit Estates, Section Two. Kindly have your client sign both documents using black ink and return them to me. In addition, I am enclosing the inspection report prepared by James A. Richter, R.A. Please note his correction on the legal description for Gus Drive. I have forwarded to Peter Hards, Superintendent of Highways, the Order Laying Out Highways for signature. Upon my receipt of the signed Order, I will forward the Consent form to the Town Clerk for processing. At this time, I ask that you prepare the Deed and conveyance documents and submit them to me for review. In the meantime, if you have any questions, please do not hesitate to call me. Very truly yours, Kieran M. Corcoran Assistant Town Attorney KMC/Ik Enclosures cc: Members of the Town Board (w/o encls.) / Elizabeth Neville, Town Clerk (w/ends.),,,,'" Peter Harris, Superintendent of Highways (w/o encls.) James Richter, Town Engineer (w/o encls.) · , C) O JOSHUA Y. HORTON ~ JAMES A. RICHTER, R.A. SUPERVISOR ENGINEER TOW~q OF SOUTHOLD, NEW YORK 11971 TOWN HALL - 53095 MAIN ROAD Fax. (631) - 765 - 1366 Tel. (631) - 765 - 1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD Peter Harris Superintendent of Highways Peconic Lane Peconic, New York 11958 Dear Mr. Harris: Re: June 16,2005 Summitt Estates - Final Inspection / SCTM #: 1000 - 35 - 08 - 05.3 As per your request, I have reviewed the dedication papers and completed a final inspection of the above referenced project. 1. The street trees appear to be healthy and have survived the winter in a satisfactory manner. 2. The Drainage swale area has been constructed on lot #'s 13 & 14. This swale has been designed to replace the wetlands or pond area that had been filled. The construction of this swale area meets the minimum requirements of the approved plan and the work has been completed in a satisfactory manner. 3. The street signs have been installed in a satisfactory manner. 4. The deed descriptions submitted are in good order with one exception: a. On the bottom of page five (5) in the description of Gus Drive Line 1. Indicates the following "On the arc of a curve to the right having a radius of 160.00 feet" - This radius should be 860.00 feet. At this time, all construction items required by the Planning Board as listed in the Bond Estimate have been completed in a satisfactory manner. Release of the Bond and Acceptance of the road and drainage areas for dedication to the Town is recommended. This recommendation does not supemede the requirements of any other agency. If you have any questions concerning this report, please contact my office. CC: J..~il. ' yn ~'Kieran /~ii~ ~~cerely, B. Woodhouse Chairperson {- P~nning Board M. Corcoran, Esq., Assistant Town Attorney PATRICIA A. FINNEGAN TOWN ATTORNEY patricia.finnegan@town.southold.ny.us KIERAN M. CORCORAN ASSISTANT TOWN ATTORNEY kieran.corcoran@town.southold.ny.us LORI H~LSE MONTEFUSCO ASSISTANT TOWN ATTORNEY lorLmontefusco@town.southold.ny.us O JOSHUA Y. HORTON Supervisor Town Hall Annex, 54375 Route 25 P.O. Box 1179 Southold, New York 11971-0959 Telephone (631) 765-1939 Facsimile (631) 765-6639 OFFICE OF THE TOWN ATTORNEY TOWN OF SOUTHOLD May 27, 2005 Paul Caminiti, Esq. P.O. Box 846 53345 Main Road Southold, NY 11971 Re: Summit Estates Road Dedication Dear Mr. Caminiti: I have reviewed the dedication papers in connection with the referenced matter. Please note the following: 1. The dedication papers that were submitted to our office were incomplete. In this regard, we have prepared the Dedication and Release and Application forms which encompass all three roads, the recharge basin and drainage easement area. Please have these documents signed before a notary public using black ink and return them to the undersigned. 2. The dedication title searches were initially submitted to the Town back in 2004 without any of the dedication documents and, therefore, could not be processed. My secretary has recently been in touch with Jeanne Anstett of Peconic Abstract, Inc. and requested that the title searches be updated, that they be certified to the Town Board of the Town of Southold, and requested copies of the covenants and restrictions referred to in the reports (Liber 12051, Page 541; Liber 12106, Page 903; Liber 11506, Page 134; and Liber 11271, Page 441). We are awaiting these updated searches, and covenants and restrictions; compliance with all applicable covenants and restrictions will need to be verified prior to dedication. 3. As I'm sure you are aware, Open Space Parcels "A", "B", and "C" and the Park and Recreation area known as Parcel "D" are to be owned by the Homeowners Association for Summit Estates pursuant to the Covenants and Restrictions recorded in Liber 11506, Page 123. According to the Town's records, these parcels are still in the name of Gusmar Realty Corp. For your information, this road dedication cannot be concluded until these parcels are conveyed to the Homeowners Association. 4. The deed and conveyance documents submitted to the Town will need to be currently dated and revised to include all three roads, recharge basin and drainage © Paul Caminiti, Esq. May 27, 2005 Page 2 easement area. These documents can be prepared once the Highway Superintendent has accepted the roads for dedication by signing the Order Laying Out Highways. At this time, we will submit the road and drainage plans, as-built surveys and the legal descriptions to the Highway Superintendent and the Town Engineering Inspector for review and approval. After we have had a chance to review the updated title searches and copies of the covenants and restrictions that we requested from Peconic Abstract, Inc. (which we have not received to date), we will review same and let you know if the Town requires anything further in this regard. In the meantime, if you have any questions, please feel free to call me. KMC/Ik Enclosures orcoran ",,Assistant Town Attorney cc: Members of the Town Board (w/o encls.)~ Elizabeth Neville, Town Clerk (w/encls.) ~ Peter Harris, Superintendent of Highways (w/o encls.) James Richter, Town Engineer (w/o encis.) PATRICIA A. FINNEGAN TOWN ATTORNEY patricia.finnegan@town.southold.ny.us KIERAN M. CORCORAN ASSISTANT TOWN ATTORNEY kieran.corcoran@town.southold.ny.us LORI HULSE MONTEFUSCO ASSISTANT TOWN ATTORNEY lori.montefusco@town.southold.ny.us O JOSHUA Y. HORTON Supervisor Town Hall Annex, 54375 Route 25 P.O. Box 1179 Southold, New York 11971-0959 Telephone (63~1) 765-1939 Facsimile (631) 765-6639 OFFICE OF THE TOWN ATTORNEY TOWN OF SOUTHOLD MEMORANDUM To: Ms. Elizabeth Neville, Town Clerk From: Kieran M. Corcoran, Esq., Assistant Town Attorney Date: May 25, 2005 Subject: Summit Estates Road Dedication I am in receipt of the road dedication papers from Paul Caminiti, Esq., attorney for Gusmar Realty Corporation, in connection with the referenced matter. Please be advised that the papers are not in proper legal form and we are awaiting additional documentation. As you can see from the copy of the enclosed Memorandum to Pete Harris, I have asked Pete and Jamie to begin reviewing the road and drainage plans, as-built surveys and legal descriptions submitted in this matter. In this regard, I enclose the following for your file: 1. Original blueprint of the "Final Road and Drainage Plans"; Original blueprints entitled "As-Built Survey" (3 total) for Suffolk County Tax Map Nos. 1000-35-8-5.17, 1000-35-8-5.18, 1000-38-7- 10.10, and 1000-38-7-10.23. 3. Copy of filed map entitled "Map of Summit Estates, Section 2"; and Copies of the legal descriptions for Marina Lane, Summit Lane, Gus Drive, Recharge Basin and Drainage Easement. Upon my receipt of the revised dedication papers, I will forward the originals to you. If you have any questions regarding this matter, please do not hesitate to call me. Thank you for your attention. KMC/Ik Enclosures 2 · PATRICIA A. FINNEGAN~ TOWN ATTORNEY patricia.finnegan@town.southold.ny,us KIERAN M. CORCORAN ASSISTANT TOWN ATTORNEY kieran.corcoran@town.southold.ny.us LORI HULSE MONTEFUSCO ASSISTANT TOWN ATTORNEY lori.montefusco@town.southold.ny.us · O JOSHUA Y. HORTON Supervisor Town Hall Annex, 54375 Route 25 P.O. Box 1179 Southold, New York 11971-0959 Telephone (631) 765-1939 Facsimile (631) 765-6639 OFFICE OF THE TOWN ATTORNEY TOWN OF SOUTHOLD February 11, 2005 Ms. Donna Geraghty 13-15 37th Avenue Long Island City, NY 11101 RE: Summit Estates Dear Ms. Geraghty: I am in receipt of your certified letter dated February 8, 2005. I assume it is in furtherance to the "lawsuit situation" to which you made reference in our telephone conference of February 8, 2005. To correct you, I have never assured you that "everything was taken care of" with respect to the dedication of the roads of Summit Estates. While the Town Attorney's office assists in the role of./ completing the necessary paperwork for the dedication of the roads and other subdivision features, it does not and cannot make any final decisions regarding these matters. The final dedication of roads is governed by §A108-50 of the Town Code of the Town of Southold, which requires the Superintendent of Highways and the Town Engineer to sign off on the dedication and to direct the Town Clerk to submit the dedication papers to the Town Board, provided they meet all conditions in the statute. It is then that the Town Board, and not the Planning Board, makes a final decision on whether to accept the roads for dedication. Accordingly, in no event can the roads be dedicated at the Planning Board's February 14, 2005 public meeting. By copy of this letter, I am asking the Superintendent of Highways and the Town Engineer to update you on the status of the inspection of the roads and whether the Town Engineer's written inspection report can be and has been Ms. Donna Gerag~)y February 11,2005 Page 2 completed to determine whether there is any work that remains to be completed in order to bring the roads up to Town highway specifications as provided by the Town Code. fk'leran M. Corcoran Assistant Town Attorney KMC/Ik cc: Members of the Town Board ~ Ms. Elizabeth Neville, Town Clerk Patricia A. Finnegan, Esq., Town Attorney Members of the Planning Board Ms. Valerie Scopaz, Planning Director Mr. Mark Terry, Senior Environmental Planner Mr. Peter Harris, Superintendent of Highways Mr. James Richter, Town Engineering Inspector Donna Geraghty 13-15 37th Avenue Long Island City, NY 11101 Tel: 718-472-4906 Fax: 718-472-4972 February 8, 2005 Kieran Corcoran Asst. District Attorney PO Box 1179 Southold, NY 11971 Re: Summit Estates East Marion, NY Dear Mr. Corcoran; Pursuant to our telephone conversation of February 8, 2005, it is my understanding that in your conversation with Jamie Richter he had informed you that the hold up with regard to the dedication of the roads was because of the issue that the Town Highway Department had with the drainage. In our last conversatio~n~iou had assured me that everything was taken care of, and if you had any que~tions you would get back to me. I am having great difficulty in understanding the exact reasoning since we agreed to keep the bond in place. You indicated that even though the drainage swale was not in the bond, that the bond was certainly large enough to cover any unfinished work for the dedication of the roads. Therefore, I see no reason as to why the dedication of the roads can not take place at the February 14, 2005 Planning Board meeting. So that I may have a better understating as to what exactly is going on, please respond to the above mentioned issues in writing so that I may keep for my records. Thank you and awaiting your reply. Sincerely, ~ ~hty '~ "J CC: Jennifer Ghould, Esq. PATRICIA A. FINNEGAN TOWN ATTORNEY patricia.finnegan @town.southold.ny.us KIERAN M. CORCORAN ASSISTANT TOWN ATTORNEY kieran.corcoran@town.southold.ny.us LORI HULSE MONTEFUSCO ASSISTANT TOWN ATTORNEY lori.montefusco@town.southold.ny.us JOSHUA Y. HORTON Supervisor Town Hall Annex, 54375 Route 25 P.O. Box 1179 Southold, New York 11971-0959 Telephone (631) 765-1939 Facsimile (631) 765-6639 OFFICE OF THE TOWN ATTORNEY TOWN OF SOUTHOLD August18,2005 BY HAND Paul A. Caminiti, Esq. 53345 Main Road P.O. Box 846 Southold, NY 11971-08~6 RE: Summit Estates Road Dedication Dear Mr. Caminiti: I am pleased to enclose the original Dedication and Release and Bargain and Sale Deed in connection with the referenced matter, which are now ready for recording with the Suffolk County Clerk. Kindly acknowledge receipt of the enclosed original documents by signing the copy of this letter where indicated below. you have any questions regarding the enclosed, please feel free to call me. Very truly yours, Secretary to the Town Attorney Ilk Enclosures cc: Ms. Elizabeth Neville, Town Clerk E-MAlL: pa c atty~optonline.net CAMILLE LUCARINI 53345 MAIN ROAD (FEATHER HILL) P.O. BOX 846 $OUTHOLD, N.Y. 11971-0846 (631) 765-5900 FAX. NO. (631) 765-5902 LISA M. PENNY November 8, 2004 RECEIVED Town of Southold 55025 Main Road Southold, NY 11971 ATTENTION: ELIZABETH NEVILLE, TOWN CLERK I~0¥ 10 ~ $outhol4 Town Clef[ SUMMIT ESTATES SUBDIVISION - Sections 1, 2 and 3 SCTM #'s 35-8-5.17, 5.18, 38-7-10.10, 38-7-10.23 Dear Ms. Neville: Please be advised that we represent Gusmar Realty Corporation. On behalf of Gusmar Realty Corporation, we are herewith submitting a formal application for final dedication of the roads to the Town of Southold. We are simultaneously herewith we requesting the Planning Board to have the two performance bonds released on the above-referenced subdivision. Please advise this office if you require any additional information. Thank you. PAC/cgl V~y truly yours, © O TITLE NUMBER 641-S.02650 CHIOS LANE (SUMMIT LANE) AND MARINA LANE ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN THE TOWN OF SOUTHOLD COUNTY OF SUFFOLK AND STATE OF NEW YORK, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY SIDE OF MARINA LANE WHERE SAME IS INTERSECTED BY THE WESTERLY SIDE OF SHIPYARD LANE WITH THE SOUTHERLY SIDE OF MARINA LANE; THENCE ALONG THE SOUTHERLY SIDE OF MARINA LANE SOUTH 52 DEGREES 14 MINUTES 08 SECONDS WEST 362.06 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 2855.00 FEET A DISTANCE OF 100.90 FEET; THENCE SOUTH 54 DEGREES 15 MINUTES 38 SECONDS WEST 100.17 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET TO THE EASTERLY SIDE OF SUMMIT LANE (CHIOS LANE); THENCE SOUTH 35 DEGREES 44 MINUTES 22 SECONDS EAST 195.00 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 120.32 FEET A DISTANCE OF 166.66 FEET; THENCE SOUTH 25 DEGREES 06 MINUTES 12 SECONDS EAST 50.00 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 170.32 FEET A DISTANCE OF 35.58 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF170.32 FEET A DISTANCE OF 180.30 FEET; THENCE NORTH 35 DEGREES 44 MINUTES 22 SECONDS WEST 404.01 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 34.53 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 60.00 FEET A DISTANCE OF 292.08 FEET; © PAGE 2 THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 34.53 FEET; THENCE SOUTH 35 DEGREES 44 MINUTES 22 SECONDS EAST 79.01 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET; THENCE NORTH 54 DEGREES 15 MINUTES 38 SECONDS EAST 100.17 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 2805.00 FEET A DISTANCE OF 99.14 FEET; THENCE NORTH 52 DEGREES 14 MINUTES 08 SECONDS EAST 362.06 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET TO THE WESTERLY SIDE OF SHIPYARD LANE; THENCE ALONG THE WESTERLY SIDE OF SHIPYARD LANE SOUTH 37 DEGREES 45 MINUTES 52 SECONDS EAST 130.00 FEET TO THE POINT OR PLACE OF BEGINNING, © O TITLE NUMBER 641-S-02650 RE-CHARGE BASIN ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN THE TOWN OF SOUTHOLD, COUNTY OF SUFFOLK AND STATE OF NEW YORK, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY SIDE OF SUMMIT LANE (CHIOS LANE) WHERE SAME IS INTERSECTED BY THE DIVISION LINE OF LOT 17 ON MAP OF SUMMIT ESTATES SECTION 2; THENCE SOUTH 06 DEGREES 23 MINUTES 29 SECONDS EAST 115.00 FEET; THENCE SOUTH 76 DEGREES 22 MINUTES 24 SECONDS EAST 118.03 FEET; THENCE SOUTH 20 DEGREES 18 MINUTES 14 SECONDS WEST t73.64 FEET; THENCE SOUTH 55 DEGREES 27 MINUTES 28 SECONDS WEST 160.97 FEET; THENCE NORTH 34 DEGREES 32 MINUTES 32 SCONDS WEST 185.38 FEET; THENCE NORTH 55 DEGREES 27 MINUTES 28 SECONDS EAST 200.18 FEET; THENCE NORTH 06 DEGREES 23 MINUTES 29 SECONDS WEST 127.40 FEET TO THE SOUTHERLY SIDE OF SUMMIT LANE (CHIOS LANE); THENCE ALONG AN ARC OF A CURVE BEARING TO THE LEFT HAVING A RADIUS OF 170.32 FEET A DISTANCE ALONG SAID CURVE OF 20.05 FEET TO THE 1sT ABOVE MENTIONED DIVISION LINE AND THE POINT OR PLACE OF BEGINNING. 0 First American Title Insurance Company of New York TP-584 (10/03) New York State Department of Taxation and Finance  Combined Real Estate T. ransfer Tax Retu.r.n, Credit Lme Mortgage Certificate and Certification of Exemption from the Payment of Estimated Personal Income Tax Recording Office Time Stamp See instructions (TP-584-0 before completing this form. Please print or ~ype Schedule A- Information Relating to Conveyance Grantor/Transferor Name (/.findividual, last. first, middle initial) Sociai Security Number [] Individual GUSMAR REALTY CORPORATION I [] Corporation Mailing address Social Security Number [] Parmership 13-15-37TH AVENUE I [] Estate Trust City State ZIP code Fed~al employer ident. Number I-'l Other LONG ISLAND CIT~ NY 11101 Crtanteefrransferee Name (/findivldual, last. first, middle initial) Social Security Number TOWN OF SOUTHOLD I [] Individual [] Corporation Mailing address Social Security Number [] Pmtnership NO # MA~ ROA~ I [] Estate Trust City State ZIP code Federal employer ident. Number [] Other SOUTHOLD NY 11971 Location and description of property conveyed Tax Map Designation Address City/Village SUMMIT ESTATES, MARINA LANE (SECTION 1) Section Block Lot 35 85.17, 5.18 Town County EAST SOUTHOLD SUFFOLK MARION Type of property conveyed (check applicable box) 1. I--[ one- to three family house 5. [-] Commerdal/Industtial 2. [] Residential cooperative 6. [] Apartment building 3. [] Residential Condominium 7. [] Office building 4. [] Vacant lend 8. [] Other ROAD DEDICATION Date of conveyance I ~ i~0~ monta day year Percentage of real property conveyed which is residential real property 100% (see instructions) Condition of conveyance (check all that apply) ~. [] Conveyenceoffeeinterest f. [] b.[] Acquisition of a controlling interest (state percentage acquired %) c. [] Transferofacona'olYmginterest(state percentage transferred %) g' [] d. [] Conveyence to cooperative housing corporation h. [] e. [] Conveyence pursuant to or in lieu of foreclosure or enforcement of security interest (attach Form TP-§84.1, Schedule i. [] £) j.[] Conveyance which consists of a k. [] Contract assignment mere change of identity or form of 1. [] Option assignment or surrender ownership or organization (attach Form TP-584.1Schedule F) rn.l-'] Leasehold assignment or surrender Conveyance for which credit for tax n. [] Leasehold grant previously paid will be claimed o. [] Conveyence of en easement (attach Form TP-584 1 Schedule G) p. [] Conveyence for which exemption fi.om Conveyance of cooperative transfer tax is claimed (complete Schedule B. apar~ent(s) Part HO Syndication q. [] Conveyance of property partly within and Conveyance of air tights or partly without the state development fights r, []Other (describe) For recording officer's use Amount received Sohedule B.~ Pat 1 $ Schedule B., Pa~t II $ Date received Tr~saction number © First .4meriean Title Insurance Company of New York Page 2 of 4 TP-584 (10/03) Schedule B- Real Estate Transfer Tax Return (Article 31 of the Tax Law) Part I - Computation of Tax Due 1. Enter amount of consideration for the conveyance (ifyou are claiming a total exemption from tax, check the eremption claimed box. enter consideration and proceed to Part 111) ................................ [] Exemption claimed 2. Continuing lien deduction (see instructions if property is taken subject to mortgage or lien) .................................... 3. Taxableconsideralion(subtractline2fromlinel} ......................................................................................... 4. Tax: $2 for each $500, or fractional part thereof, of consideration on line 3 .......................................... 5. Amount of credit claimed (see instrucaons and attach Form TP-584.1, Schedule G) ............................................. 6. Total tax due * (subtract line §from line 4) .................................................................................................... 1. 0 a. (0~0) 3. 0 4. 0 S. (0~0) 6. 0 ~0 Part H -Computation of Additional Tax Due on the Conveyance of Residential Real Property for $1 Million or More 2. Taxab~ec~nsiderati~n(multip~ne~byt~epercentage~fthepremi~ezwhichi~residen~`ia~realpr~pertya~sh~wn~nSchedu~eA)~ 3. Totaladditionaltransfer taxdue* (muhiplyline2byl%~O1)) ...................................................................... Part HI -Explanation of Exemption Claimed in Part I, line 1 (check any boxes that apply) The conveyance of real property is exempt from the real estate transfer tax for the following reason: a. Conveyance is to the United Nations, the United States of America, the state of New York or any of their instrumentalities, agencies, or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact with another state or Canada) ............................................................................ a [] b. Conveyance is to secure a debt or other obligation ............................................................................................................... b [] c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance ................ c [] cl. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fide giflz ........................................................................................................................................ d [] e. Conveyance is given in connection with a tax sale ............................................................................................................... e [] f. Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) Attach Form TP-584.1, Schedule F ....................................... f [] g. Conveyance consists of deed of partition. .............................................................................................................................. g [] h. Conveyance is given pursuant to the federal bankruptcy act ................................................................................................ h [] i. Conveyance consists of the execution of a contract to sell real property, without the use or occupancy of such property, or the graining of an option to purchase real property without the use or occupancy of such property ................. i [] j. Conveyance of an option or comract to purchase real property with the use or occupancy of such property where the consideration is less than $200,000 and such property was used solely by the grantor as the grantor's personal residence and consists of a 1-, 2-, or 3-family house, an individual residential condominium unit, or the sale of stock in a cooperative honsnig corporation in connection with the grant or Uansfer of a proprietary leasehold covering an individual residential cooperative apamnent ........................................................................................................................ .j [] k. Conveyance is not a conveyance within thc meaning of section 1401(e) of Article 31 of the Tax Law (attach documents supporting such claim) ....................................................................................................................................... k [] 1. Other (attach explanation) ...................................................................................................................................................... 1 [] *Please make check(s) payable to the county clerk where the recording is to take place or if the recording is to take place in New York City, make check(s) payable to the NYC Department of Finance. If no recording is required, send this return and your check(s) made payable to the Department of Taxation and Finance, directly to the NYS Tax Department, TITB-Transfer Tax, PO Box 5045, Albany NY12205-5045. © First American 17de Insurance Company of New York Page 3 of 4 TP-584 (10/03) [ Schedule C - Credit Line Mortgage Cerflflente (Article 11 of the Tax Law) Complete the following only if the interest being transferred is a fee simple interest. I (we) certify that: (check the appropriate box) 1. [] Thc real property being sold or ~'ansferred is not subject to an outstanding credit line mortgage. 2. [-I The real property being sold or transferred is subjeat to an outstanding credit line mortgage. However, an exemption fi'om the tax is claimed for the following reason: [-I The 1~ansfcr of real properW is a transfer of a fee simple interest to a person or persons who held a fee simple interest in the real property (whether as a joint tenant, a tenant in corcanon or otherwise) immediately before the transfer. [-] The transfer of real property is (A) to a person or persons related by blood, marriage or adoption to the original obligor or to one or more of the original obligors or (B) to a person or entity where 50% or more of the beneficial interest in such real property after the transfer is held by the transferor or such related person or persons (as in the case of a transfer to a trustee for the benefit of a minor or the transfer to a trust for the benefit of the mmsferor). [] The transfer of real property is a transfer to a t~-uatee in bankruptcy, a receiver, assignee or other officer of a court. The maximum principal amount seeured by the credit line mortgage is $3,000,000 or more and the real property being sold or lransferred is not principally improved nor will it be improved by a one- to six-family owner-occupied residence or dwelling. PLEASE NOTE: for purposes of detormining whether the maximum principal amount secured is $3,000,000 or more as described above, the amounts secured by two or more credit line mortgages may be aggregated under certain circumstances. See TSB-M-96(6)-R for more information regarding these aggregation requirements. [] 4. [] Other (attach detailed explanation). The real property being transferred is presently subject to an outstanding credit line mortgage. However, no tax is due for the following reason: [] A certificate of discharge of the credit line mortgage is being offered at the time of recording the deed. [] A check has been drawn payable for transmission to the credit line mortgagee or his agent for the balance due, and a satisfaction of such mortgage will be recorded as soon as it is available. The real property being transfen'ed is subject to an outstanding credit line mortgage reonrded in __ (insert liber and page or reel or other identification of the mortgage). The maximum principal amount of debt or obligation secured by the mortgage is __. No exemption from tax is claimed and the tax of is being paid herewith. (Make checkpayable to county clerk where deed will be recorded or. if the recording is to take place in New York City, make check payable to the NYC Department of Finance.) Signature (both the grantor(s) and grantee(s) mint sign). The undersigned certify that the above retom, including any certification, schedule or attachment, is to the best of his/her knowledge, true and complete. P~JqTELIS FAKIRS, PRESIDENT, Grantor' ' Title TOWN OF SOUTHOLD, Cnantec signatt~ Title signature , Grantor signature Title , Grantee signature Title Reminder: Did you complete all of the required Information in Schedules A and B? Were you required to complete Schedule C? If you checked e, f or g In Schedule A, did you complete TP-584.17 Have you at~ched your check(s) made payable to the county clerk where recording will take place or, If the recording Is In New York C/ty, to the NYC Department of Finance? If no recording Is required, send your check(s), made payable to the Department of Taxation and Finance, directly to the NYS Tax Department, 't-r t'B-Transfer Tax, PO. Box 5045, Albany NY 12205-5045. ~ FirstAmerican Title Insurance Company of New York Page 4 of 4 TP-584 (10/03) Schedule D - Certification of exemption from the payment of estimated personal income tax (Article 22, Tax Law section 663) Complete the following only if a fee simple interest is being transferred by an individual or estate or trust. Part I - New York State residents If you are a New York State resident transferor(s)/seller(s) listed in Schedule A of Form TP-584 (or an attachment to Form TP-584), you must sign the certification below. If one or more transferor(s)/seller(s) of the property is a resident of New York State, each resident ~rensferor(s)/seller must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as many schedules as necessat~ to accommodate all resident ~mnsfemr(s)/sellers. Certification of resident transferor(s)/seller(s) This is to certify that at the time of the sale or transfer of the real property, the lransfero~(s)/seller(s) as signed below was a resident of New York State and therefore is not required to pay estimated po~onal income tax under Tax Law section 663(a) upon the sale or ~ransfer of this property. Print full narc~ Sigha"~t~ r - % / Print full name Date Signature Print full name Date Signature hint full name Date NOTE: A resident of New York State may still be required to pay estimated tax under section 685(c), but not as a condition of recording a deed.. Part 1I -Nonresidents of New York State If you are a nonresident of New York State listed as a mmsferor(s)/seller in Schedule A of Form TP-584 (or an attachment to Form TP-584) but are not required to pay estimated tax because one of the exemptions below applies under section 663(d) of the Tax Law, check the box of the appropriate exemption below. If any one of the exemptions below applies to the ~ansferor(s)/seller{s), that transferor(s)/seller(s) is not required to pay estimated personal income tax to New York State under section 663 of the Tax Law. Each nonresident transferor(s)/seller who qualifies under one of the exemptions below must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as may schedules as necessary to accotrunodate all nonresident ir aris fewr(s)/sellers. If none of these exemption statements apply, you must use Form IT-2663, Nonresident Real Property Estimated Income Tax Payment Form, and pay the full amount of estimated tax, if any, to the recording officer at the time the deed is presented for recording. Exemption for nonresident tramferor(s)/seller(s) This is to certify that at the time of the sale or mmsfer of the real pmparty, the trans feror(s)/seller(s) (grantor) of this property was a nonresident of New York State, but is not required to pay estimated tax under Tax Law section 663 due to one of the following exemptions: I'-I The property being sold or transferred was used exclusively as the lrensfemr's/eeller's principal resident (within the meaning of section 121 of the internal Revenue Code) from __ to __ (see instructions). [] The transferor/seller is a mortgagor conveying the mortgaged property to a mortgagee in foreclosure, or in lieu of foreclosure with no additional consideration. [~ The transferor or Wansferee is an agency or authority of the United States of America, an agency or authority of the sate of New York, the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, or a private mortgage insurance company. Signatur~ hint full name Date Signature hint full narae Date Signature hint full name Date Signature hint full name Date ~irst American Title lnsu~ce Company of New York Peconic Bay Region Community Preservation Fund East Hampton 03 Riverhead 06 Shelter Island 07 Southampton 09 Southold 10 Please print or type Schedule A- Information Relating to Conveyance Grantor Social Security Number I-[ Individual Name (/findivtdual, last. first, middle initial) I I [] Corporation GUSMAR REALTY CORPORATION [] Parhlerslgp Social Security Number [] Other Mailing address 13-15 37TH AVENUE City State ZIP code Federal employer ident. Number LONG ISLAND CITy NY 11101 Grantee Social Security Number [] Individual Nan~ (/.findivtdual, last. first, middle initial) I [] Corporation TOWN OF SOi0TIiOLD [] Parmership Social Security Number [] Other Mailing edd~ess NO # MAIN ROAD I I City Slate ZIP code Federal employer idem. Number SOUTHOLD NY 11971 Location and description of property conveyed Tvx Map Designation Section Block Lot 35 8 5.17, 5.18 Address SUMMIT ESTATES, MARINA LANE (SECTION 1) City/Village j Town EAST SouTnOLD MARION County SUFFOLK Type of properly conveyed (check applicable box) [] Improved Date of conveyance Date of contract mlo hI laOOq I , iz0oq Vacant land day year month day year Dual Towns: Condition of conveyance (check all that apply) a [] Conveyance of fee interest b [-I Acquisition ora controlling interest (state percentage acquired %) c [] Transfer of a controlling interest (state percenlage ~a~sf~red %) d I-I Conveyance to cooperative housing corporation e [] Conveyance pursuant to or in lieu of foreclosure or enforcement of security interest f I-I Conveyance which consists of a mer~ change of identity or form of ownership or organization g [~ Canveysace for which credit for tax previously paid will be claimed h [] Conveyance of coopesative apar~ant~s) i [] Syndication j [] Conveyance or air rights or development rights k [] ConWact assignment 1 [] Option assigmnent of surrender m I-I Leasehold assigmnent or surrender n [] Leasehold grant o I~ Conveyanceofanessement p [] Conveyance for which exemption from is claimed (con~plete Schedule B. Part II) I-I Conveyanceofpropertypartlywithinand partly without the sttete r f~ Other (describe) Schedule B - Comm~mity Preservation l%nd Part I - Computation of Tax Due 1 Enter amount of consideration for the conveyance (from line I TP-584 $chedul~ B) ................................................. 2 Allowance (see below} ..................................................................................................................................... 3 Taxable consideration (subtract line 2 from line l) ......................................................................................... 4 2% Community Preservation Fond (of line 3) make certified check payable to SUFFOLK COUNTY CLERK 5 Prope~'y not subject to CPF Tax (See Part H) .................................................................................................. East Hampton S250,000.00 Improved S100,000.00 Vacant Laud (Unimproved) Shelter Island $250,000.00 Improved $100,000.00 Vacant Land (Unimproved) Southampton $250,000.00 Improved $100,000.00 Vacaut Land (Unimproved) Riverhcad $150,000.00 Improved $75,000.00 Vacant Land (Unimproved) Southold $150,000.00 Improved $75,000.00 Vacant Land (Unimproved) ~ First.4merican Title Instance Company of New York ISchedule B - (continued) Part H -Explanation of Ex~pfion Claimed in Part I, line 5 (check any boxes that apply) The conveyance of real property is exempt from the real estate ~m~fer tax for the following reason: ~. Conveyance is to the United Nations, the United States of America, the state of New York or any of their insmnnantalities, agencies or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact with another slate or Canada) ......................................................................................................................................................................................... a [] b. Conveyance is to secure a debt or other obligation ................................................................................................................................... b [] c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyancc ..................................... c [] d. Conveyance of real property is without consideration and not in connection with a sale, including conveysuces conveying realty as bona ..................................................................................................................................................................................................... d [] e. Conveyance is given in connection with a tax sale ................................................................................................................................... e [] L Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial ownership. (This ex~.wfion cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) .............................................................................................................................................................................. f [] g. Conveyance consists of deed of partition .................................................................................................................................................. g [] h. Conveyenco is given pursuant to the federal bankruptcy act .................................................................................................................... b [] i. Conveyance consists of the execution of a conU'act to sell real property without the use or occupancy of such property or the granting of an option to purchase real property without the use or occupancy ofsach property .................................................................................. i [] j. Conveyance of real propnn'y which is subject to resUictions which prohibit the use of the entire property for any purposes except asficultose, recreation or conservation, pursuant to Section 1449-ec (2) (j) or (k) of Article 31-D of the Tax Law (Sce required Town approval, below) k. Conveyance of real property for open space, p~ck~, ur historic preservation purposes to any not-fur-profit tax exempt corporation operated for conservation, environmental, or historic preservation purposes ............................................................................................ k [] 1. Other - list explanations in space below (Grandfather/Con~act) .............................................................................................................. 1 [] m. The conveyance is approved for an exemptinn from the Cornmunity Prezorvation Transfer Tax, under Sectinn 1449'ce of Article 31 -D of the Tax law (see j th Schedule C) ........................................................................................................................................................ m [] Penalties and Interest Penalties Any g~mtor or grantee falling to file a return or to pay any tax within the time required shall be subject to penalty of 10% of the amount of ~x due plus an interest penalty of 2% of such amount for each month of delay or fractiun thereof af~or the expiration of the first month aitor such return was required to be filed or the tax became due. However, the interest penalty shall not exceed 25% in the aggregate. Interest Daily compounded interest will be charged on the amount of the tax due not paid with the time required. *****By signing the following, the buyer and seller further represent and attest to the fact that for property lying within Sou(hold Town, a validly executed contract was in effect prior to March 1, 1999 and that for all other towns subject at the CPF tax, a validly executed contract was in effect prior to April 1, 1999, Seller Buyer The undersigned certify that the above return, including any certification, schedule or attachment, is to the best of his/her knowledge, Wae and complete. Signature (both the grantor(s) and grantee(s) must sign). V/k~ Realty Corp. Pantelis Fakiris, Pres. Grantee Title JOSHUA Y. HORTON SUPERVISOR TOWN HALL - 53095 MAIN ROAD RECEIVED Fax. (516)-765-1366 r~o%,r 15 ~ $outhotA Town Cled~ Elizabeth A. Neville Town Clerk Town Hall, 53095 Main Road $outhold, New York 11971 Dear Mrs. Neville: O JAMES A. RICHTER, R.A. ENGINEER TOWN OF SOUTHOLD, NEW YORK 11971 Tel. (516) -765 - 1560 OFFICE OF THE ENGINEER TOWN OF SOUTHOLD November 12, 2004 Re: Proposed Highway Dedication Summit Estates Subdivision Section 1,2, & 3 I am in receipt of the dedication papers that have been submitted for the above referenced Subdivision. At this time, a final inspection of the Road Infrastructure & Drainage System cannot be completed. During construction, one or more of the contractors working on site filled in a wetland area that had been protected by covenants and restrictions established by the Planning Board during the Site Plan Approval process. The developer has been notified of this matter and he has begun to discuss and negotiate a solution with the Planning Board in an attempt to rectify this situation. Until. this matter has been resolved, it is my understanding that the Planning Board will not recommend the release and/or reduction of the Bonds that have been established for this project. The Planning Board has informed my office that the violation of the covenant and restriction noted herein is considered to have violated the odginal Site Plan Approval. Therefore, at this time, the dedication papers filed with your office should be considered incomplete. If you have any questions concerning this report, please contact my office. cc: Jerilyn B. Woodhouse (Chairperson, Plannl~l' Board) Peter Harris (Superintendent of Highways)-- Patricia Finnegan (Town Attorney) O O Neville, Elizabeth From: Sent: To: Subject: Krauza, Lynne Thursday, October 28, 2004 2:41 PM Neville, Elizabeth RE: Road Dedications Ok rll send all three searches to you via interoffice mail, Sent= Thursday, Oclober 28, 2004 2:15 PM To: Krauza, Lynne Subject: RE: Road Dedications I normally send a complete package of everything to all. Perhaps you should send them over so I can copy everything as a package. Thanks. ---Original Message- .... From: Krauza, Lynne Sent: 'll~u~sday, Ocf~:~ber 28, 200~ 2:13 Pt4 To: Neville, Elizabeth Subj~ect: RE: Road Dedications OK Thanks! Do you want me to keep the Abstract of Title searches that I have and you can forward me copies of the rest of the papers when you receive them? -----Original Message--- From: Neville, Elizabeth Sent: 'l~ursday, October 28, 2004 1:58 PM TO.' Krauza, Lyn~e Subject: RE: Road Dedications I had a telephone call this morning from Camille of Paul Caminiti's Office asking about the procedure for road dedication and release of a performance bend. They plan on filing road dedication papers and thought that the release of the performance was part of the road dedication and the bond would automatically be released. I explained te procedures to her. So, I expect that wa will be receiving a request for acceptance of the roads in the near future. .... -Original Message- .... Sent:. Thursday, October 28, 2004 1:37 PM To: Nellie, Elizabeth Cc: Rnnegan, Patrlcia Subjeclc: Road Dedk:aUons We am in receipt of three Abstracts of Title re: Gusmar Realty Corp. (Paul Caminiti, Esq.) from Peconic Abstract Corp., which, according to the abstract company, are road dedication searches. The roads are Summit Lane, Southold; Gus Drive, Southold; and Marina Lane, Chios Lane and Recharge Basin. Have you received any documents in connection with these roads? 1 Kemper Ddve Lcn9 Grove, IL 60049 Fax'. (8~7) 320-56~6 Fax N0.859 ~001 To: Mr. Joshua Y. Hodon From: Weldon Omori Town of Southold Fa~: 631-765-1366 Date: August 18, 2005 Phone: 631-765-1560 Pa~'~: .~ . Summit Estates Re: CC: SCTM~ 1000-35~08-05.3 Dear Mr. Horton: We received the a['tached fax from your office, but we are not able to match this projec~ to any of our bonds on record. Could you have someone verEy that Universal Bonding Insurance Company was ~he insurer. If we were, could you provide us with a bond number and/cr principal name? Your assistance is greatly appreciated. Sincerely, Weldon Omod Surety Underwriting Universal Bonding Insurance Company 08/18/2~d05 11:54 UNIUERSAL BONDING*KEMPER SURETY -~ 91631?651566 N0.859 oz/i~/~oo~ is:i~ Fix ~ ~ooa/ooa 'Jul.;9. 2005 10:52AM ~ N0.N58; ~. 3 ~-~ IOS~l Y, HORTON J~S-A. ~CHTE~ ~A. .~,,..~; - ,, ... O~ICE. OF THR ENG~ER ~% ~o~ OF $OOTNOLD Peter Harris Superintendent of Highways Peconio Lane Peconl~, New York 'H958 Dear Mr. Hargs: u.um - J~!a',i's, 2oo5 mltt~"F-~t' ates- Fi:at Inspection/ SCTM #: 1000 - 35 - 08 - 05.3 As per your request, I have reviewed the dedication papers and completed a final inspection of the above referenced project, The street trees appear to be healthy and have survived ~'le winter in a ~atlefactory manner. The Drainage swale area has been constructed on lot frs 13 & t4. This swale has been designed to replace the wetlands or pond area that had been filled. The constructiOn of this swale area meets the minimum requirements ~fthe approved plan and the work has been completed in a satisfactory manner. The street signs have been installed In e satisfactory rnanrier. The deed descriptions submitted are In good order with one exception'. a. On the bottom of page five (5) In the description of Gus Dr~ve Line 1. Indicates the following "On the am of a ~urve to the right having a redlue of-'/~ feet" - This radius should be 8110,00 feet. At this time, all construction Items required by the Planning Board as listed In the Bond Estimate have.been completed in a satisfaGtor7 manner. Release of the Bond anti Acceptance of the read and drslnage areas for dedication to the Town is recommended. This recommendation does not supercede the requirements of any other agenoy, If you have any questions concerning this report, please contact my offioe, ¢¢: UNIVERSAL BONDING INSURANCE COMPANY 518 Stuyvesant Avenue P.O. Box 615 Lyndhurst, NJ. 07071-9836 BOND NO. UB0268279 KNOW ALL MEN BY THESE PRESENTS: That we, ~he undersigned Gusmar Realty Corp. 13-15 37th Avenue. Lone Island CRv. NY 11101 as Principal, and Universal Bonding insurance Company, a corporation of the State of New Jersey, and authorized to do business in the State of New York , as Surety, are held and firmly bound unto the Town of Southold, Town Hall 53095 Main Rnad P 0 Rox 117O .qnnthnld. NY 11971 as Obligee, in the penal sum of Two Hundred Thousand Four Hundred Forty Two Dollars and Filly Cents**** ($200,442.50****) Do}lars for the payment of which, well and truly to be made we hereby jointly and severally bind ourselves, our helm, executors, administrators, successors, and assigns. WHEREAS, it is proposed to make certain improvements: Phase-#2 at East Marion, Town of Southold SCTM #1000-35-08-5.3 WHEREAS, the Per Engineer's Estimate dated February 7, 2002 plan upon the execution and delivery of this bond. has approved said NOW, THEREFORE, the condition of this obligation is such that if the above bounded Principal shall construct the improvements shown above, and complete said work to satisfaction &the Town of Southold and in accordance with the present standard specifications of the Engineer's Estimate dated February 7, 2002 Attached and Made Apart HereTo therefore, then this obligation shall be void, otherwise the same in full force and effect; it being expressly understood and agreed that the liability of the Surety for any and all claims hereunder shall in no event exceed the penal amount of this obligation as herein stated. Signed, sealed and dated this 8th day of March 2002 Witness Witness . Gusmar Realty Corp. Pantelis Fakiris-President UNIVERSAL BONDING INSURANCE COMPANY- By : . .... Gus ~>Yf~'.ostantakos ' :_ : Attorney-in-Fact . : irst American Title Insurance Company of New York TP-584 (10/03) New York State Department of Taxation and Finance Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate and Certification of Exemption from the Payment of Estimated Personal Income Tax Recording Office Time Stamp See instructions (TP-584-0 before completing this form. Pleaseprint or type Schedule A - Information Relating to Conveyance Grantor/Transferor Name (/findividual. last. first, middle initial) Social Security Number [] Individual GUSMAR REALTY CORPORATION [] Corporation Mailing address Social Security Number [-] Partnership 13-15-37TH AVENUE I I [] Estate Trust City State ziP code Federal employer ident. Number [] Other LONG ISLAND CIT~/ NY 11101 Grantee/Transferee Name (/findividual, last. first, middle initial) Social Security Number I--I Individual TOWN OF SOUTHOLD I [] Corporation Mailing address Social Security Number [] Parmership NO g MAIN ROAD ] I [] Estate Trust City State ZIP code Federal employer ident. Number [] Other SOUTHOLD NY 11971 ] Location and description of property conveyed Tax Map Designation Address Section ] Block Lot SUMMIT ESTATES, GUS DRIVE (SECTION 3) [38 i7 10.23 Type of property conveyed (cheek applicable box) 1. [] one- to three family house 5. [] Commercial/Industrial Date of conveyance 2. [] Residential cooperative 6. [] Apartment building I I 1200~[ 3. [] Residential Condominium 7. [] Office building mon~ day year 4. [] Vacant land 8. [] Other ROAD DEDICATION Percentage of real property conveyed which is residential real property 100% (see instructions) h.[] e. [] Conveyance pursuant to or in lieu of foreclosure or enforcement of security interest (attach Form TP-584.1, Schedule i. [] E) j.[-] Conveyance of cooperative apartment(s) Syndication Conveyance of air fights or development rights transfer tax is claimed (complete Schedule B. Part II1) q. [] Conveyance ofpropertypastlywithin and partly without the state r. [] Other (describe) For recording o.O~cer's u~e Amount received Schedule B., Part 1 $ Schedule B., Part II $ Condition of conveyance (check all that apply) ~ [] Conveyance of fee interest f. [] b.[-[ Acquisitinn o f a controlling interest (state percentage acquired %) c. [] Trmasferofacontroltinginterest(state percentage transferred __%) g' [] d. [] Conveyance to cooperative housing corporation Conveyance which consists of a k. [] Contract assignment mere change of identity or form of 1. [] Option assignment or surrender ownership or organization (attach Form TP-584.1 $cheduleF) m. [] Leasehold assignment or surrender Conveyance for which credit for tax n. [] Leasehold grant previously paid will be claimed o. [] Conveyance of an easement (attach Form TP-584 1 Schedule G) p. [] Conveyance for which exemption from © ELIZABETH A. NEVHJ,E TOWN CLERK REGISTRAR OF VITAL STATISTICS MARRIAGE OFFICER RECORDS MANAGEMENT OFFICER FREEDOM OF INFORMATION OFFICER Town Hail, 53095 Main Road P.O. Box 1179 Southold, New York 11971 Fax (631) 765-6145 Telephone (631) 765-1800 southoldtown.northfork, net OFFICE OF THE TOWN CLERK TOWN OF SOUTHOLD To: From: Re: Date: Lynne Krauza, Confidential Secretary to the Town Attorney Elizabeth Neville, Town Clerk ~ Summit Estates road dedication May 16, 2005 In accordance with our telephone conversation, I am sending you the three (3) Certificates of Title, numbers: 641-S-02650; 641-S- 02651; and 641-S- 02652. I did not make any photocopies for my files, as I will ultimately receive these originals back when the dedication takes place. E-MAIL: pacatty~optonline.net CAMILLE LUCARINI P.O. BOX 846 SOUTHOLD, N.Y. 11971-0546 (631) 765-5900 O FAX. NO. (631) 765-,5902 LISA M. PENNY November 8, 2004 RECEIVED PAC/cgl Town of Southold 55025 Main Road Southold, NY 11971 ATTENTION: ELIZABETH NEVILLE, TOWN CLERK RE: SUMMIT ESTATES SUBDIVISION - Sections 1, 2 and 3 SCTM #'s 35-8-5.17, 5.18, 38-7-10.10, 38-7-10.23 Dear Ms. Neville: Please be advised that we represent Gusmar Realty Corporation. On behalf of Gusmar Realty Corporation, we are herewith submitting a formal application for final dedication of the roads to the Town of Southold. We are simultaneously herewith we requesting the Planning Board to have the two performance bonds released on the above-referenced subdivision. Please advise this office if you require any additional information. Thank you. truly yours, I 0¥ 10 21104 $outhol~l Town Ciera © TOWN OF SOUTHOLD: STATE OF NEW YORK In the matter of the Application of GUSMAR REALTY CORPORATION For Laying Out of Highways in East Marion, Town of Southold, Suffolk County, New York to be known as: MARINA LANE AND SUMMIT LANE (f/k/a Chios Lane) and DRAINAGE AREA APPLICATION To the Town Superintendent of Highways of the Town of Southold in the County of Suffolk and State of New York; The undersigned petitioner, GUSMAR REALTY CORPORATION, as owners of MARINA LANE AND SUMMIT LANE (f/k/a Chios Lane) and DRAINAGE AREA, a New York Corporation having its principle place of business at 13-15 37~ Avenue, Long Island City, NY 11101, liable to be assessed for highway taxes in the Town of Southold, hereby to apply to the Town Superintendent of Highways to lay out new highways at East Marion, in the Town of Southold, County of Suffolk and State of New York as follows: 1. The highways known as MARINA LANE and SUIvlIVIIT LANE (f/k/a Chios Lane) and DRAINAGE AREA as shown and designated, on a certain map entitled "Map Of Summit Estates, Section One," situate at East Marion, Town of ~thold, SuYfo-lk County, New York, filed in the Office of the Cqerk of the County of Suffolk on November 22, 1993 as Map No. 9426, "Map of Summit Estates, Section One." © O Map of said proposed highway has been made by Young & Young, Professional Engineers and Land Surveyors, and are annexed hereto and made a part of the application together with a release and application to the Town of Southold by the petitioner herein, over whose property said highway is to nm. GUSMAR REALTY CORPORATION. By: ~ ~t;~_~:916--(~' P~e~fs ~a~riks, Pres[dent STATE OF NEW YORK ) ~Oc-L:::~5 ) ss.: COUNTY OF SUIvFC, LK ) On the ~ day of October in the year 2004 before me, the undersigned, personally appeared Pantelis Fakiris _, personally known to me or proved to me on the basis of satisfacto~ 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 the same in his&er/their capacity(ies), and that by his/her/their signature(s) on the instrument, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument. Notary Public TOWN OF SOUTHOLD: STATE OF NEW YORK In the matter of the Application of GUSMAR REALTY CORPORATION for for the Laying Out of Highways in East Marion, Town of Southold, Suffolk County, New York to be known as: MARINA LANE and SUMMIT LANE (f/k/a Chios Lane) and "DRAINAGE AREA". DEDICATION and RELEASE We, GUSMAR REALTY CORPORATION, being the owners of certain land in East Marion, Town of Southold, Suffolk County, New York, and included within which land is proposed highways known as MARINA LANE and SUMMIT LANE (f/k/a Chios Lane) and DRAINAGE AREA described in the above matter dated October 20, 2004; NOW THEREFORE, in consideration of Oue ($1.00) Dollar to us in hand paid by Peter Han'is, Superintendent of Highways of Said Town of Southold, and in further consideration of laying out the new highways known as MARINA LANE and SUMMIT LANE (f]k/a Chios Lane) and DRAINAGE AREA do hereby release and dedicate to Town of Southold all the land heretofore owned by us within said proposed highways as follows: I. The highwaysknown as I~a~KRIN~ LANE andSLrlgl31IT LANE (f/k/a Chios Lane) and DRAINAGE AREA as shown and designated, on a certain map entitled "Map Of Summit Estates, Section One," situate at East Marion, Town of Southold, Suffolk County, New York, filed in the Office of the Clerk of the © County of Suffolk on November 22, 1993 as Map No. 9426, "Map of Summit Estates, S~ction One." And we do release the said Town of Southold from all damages by reason of the layout out of the said highway. GUSMAR REALTY CORPORATION. By: P~telis Fakiris, l~e~ia~t '""/ STATE OF NEW YORK ) ) ss.: COUNTY OF ~LTFOLK ) On the ~ day of October in the year 2004 before me, the undersigned, personally appeared PANTELIS FAKIRIS, personally known to me or proved to me on the basis of satisfactory 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 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 behalf of which the individual(s) acted, executed the instrument. OONNA M. NEUBAUER liOTAR~' PUBLIC, State o! New ¥or~ ~ ~ Oua~ifie~inQu~ ~ F ~A/./ I Term [xpires Septemb~ 30. 2Q ~~ ~ ~ ~ No~ ~blic PLEASE TYPE OR PRESS FIRMLY WHEN WRITING ON FORM INSTRUCTIONS: http://wwvv.orps.state.ny.us or PHONE (518) 473-7222 FOR COUNTY USE ONLY I ~ Cl. SWIS Code r i i i i i I c2. Date Deed Recorded I Month / Day / Year I C3. Book I I I I I I C4. Page I I I I I PROPERTY INFORMATION ~ NO # I (~JS DRIVE, SUF~4IT ESTATES, SECTION 3 t. Property Location I STREET NUMBER STREET NAME I ~ ~ON I ~ OF SOreheaD REAL PROPERTY TRANSFER REPORT STATE OF NEW YORK STATE BOARD OF REAL PROPERT~ SERVICES RP -5217 RP-5217 Rev 3/97 I 11939 I VILLAGE ZIP CODE CITY OR TOWN 2. Buyer I TO[N~ OF SOUTHOLD I Name LAST NAME [ COMPANY FIRST NAME I LAST NAME / COMPANY 3. Tax Indicate where future Tax Bills are to be sent Billing if other than buyer address (at bel~om of form) I STREET NUMBER AND STREET NAME Cl~ OR TOWN FIRST NAME FIRST NAME ZIP CODE 4. Indicate the number of Assessment Roll parcels transferred on the deed I [ # of Parcels OR ~-I Par~ of a Parcel Property L IxI IoRI , , · , I 6. Seller I ~JSMAR REALTY CORPORATION I (Only if Part of a Parcel) Check as they apply: 4A. Planning Board with Subdivision Authority Exists [] 4B. Subdivision Approval was Required for Transfer [] 4C. Pamel Approved for Subdivision with Map Provided [] Name LAST NAME / COMPANY FIRST NAME LAST NAME / COMPANY FIRST NAME 7. Check the box below which most accurately describes the use of the property at the time of sale: A [] One Family Residential B I~ 2 or 3 Family Residential C ~ Residential Vacant Land D[~ Non-Residestial Vacant Land I SALE INFORMATION I 11. Sale Contract Date Commercial Industrial Apartment Public Service Entertainment / Amusement Forest I / / Month Day Year 12. Date of Sale / Transfer I / / Month Day Year 13. Full Sale Price I I ~ ~ , ~ ~ ' ' (~ , 0 , 0 I · (Full Sale Price is the total amount paid for the property including personal property. This payment may be in the form of cash, other property or goods, or the assumption of mortgages or other obligations.) Please round to the nearest whole dollar amount, Check the boxes below as they apply: 8. Ownership Type is Condominium [] 9. New Construction on Vacant Land [] 10A. Properly Located within an Agricultural District [] 10B. Buyer received a disclosure notice indicating [] that the property is in an Agricultural District 15. Check one or more of these conditions as applicable to transfer: A B C D E F Sale Between Relatives or Former Relatives Sale Between Related Companies or Partners in Business One of the Buyers is also a Seller Buyer or Seller is Government Agency or Lending Institution Deed Type not Warranty or Bargain and Sale (Specify Below) Sale of Fractional or Less than Fee Interest (Specify Below) Significant Change in Property Between Taxable Status and Sale Date Sale of Business is Included in Sale Price Other Unusual Factors Affecting Sale Price (Specify Below) None ROAD DEDICATION TO MUNICIPALITY 14.1ndicate the value of personal I , , , , , ,n , 0 , 0 J property included in the sale ~ ~ · ASSESSMENT rNFORMATION - Data should reflect the latest Final Assessment Roll and Tax Bill 16. Year of Assessment Roll from I which information taken ' I 17. Total Assessed Value (of all parcels in transfer) 18. Property Class I , , I-I I 19. School District Name L J 20. Tax Map Identifier(s) / Roll Identifier(s) (If more than four, attach sheet with additional identifier(s)) I 1000-38-7-10.23 I L I I I I I CERTIFICATION I BUYER SIGNATURE DATE STREET NUMBER STREET NAME (AFTER SALE; LAST NAME FIRST NAME NEW YORK STATE COPY I CII~ OR TOWN STATE ZIP CODE SELLER 'PANT~LIS FAKIRI'~, PRE~'ENT' ' ~ FirstAmerican Title Insurance Company of New York Page 3 of 4 TP-584 (10/03) Schedule C - Credit Line Mortgage Certificate (Article 11 of the Tax Law) Complete the following only if the interest being transferred is a fee simple interest. I (we) certify that: (check the appropriate box) 1. [] The real property being sold or transferred is not subject to an outstanding credit line mortgage. 2. [] The real property being sold or transferred is subject to an outstanding credit line mortgage. However, an exemption from the tax is claimed for the following reason: [] The transfer of real property is a transfer ora fee simple interest to a person or persons who held a fee simple interest in the real prope~y (whether as a joint tenant, a tenant in common or otherwise) immediately before the transfer. [] The transfer of real property is (A) to a person or persons related by blood, marriage or adoption to the original obligor or to one or more of the original obligors or (B) to a person or entity where 50% or more of the beneficial interest in such real property atter the transfer is held by the transferor or such related person or persons (as in the case of a transfer to a trustee for the benefit of a minor or the transfer to a trust for the benefit of the transferor). [] The transfer of real property is a transfer to a trustee in bankruptcy, a receiver, assignee or other officer of a court. The maximum principal amount secured by the credit line mortgage is $3,000,000 or more and the real property being sold or transferred is not principally improved nor will it be improved by a one- to six-family owner-occupied residence or dwelling. PLEASE NOTE: for purposes of determining whether the maximum principal amount secured is $3,000,000 or more as described above, the mounts secured by two or more credit line mortgages may be aggregated under certain circumstances. See TSB-M-96(6)-R for more information regarding these aggregation requirements. [] Other (attach detailed explanation). 3. [] The real property being transferred is presently subject to an outstanding credit line mortgage. However, no tax is due for the following reason: [] A certificate of discharge of the credit line mortgage is being offered at the time of recording the deed. [] A check has been drawn payable for transmission to the credit line mortgagee or his agent for the balance due, and a satisfaction of such mortgage will be recorded as soon as it is available. 4. [] The real property being transferred is subject to an outstanding credit line mortgage recorded in __ (insert liber and page or reel or other identification of the mortgage). The maximum principal amount of debt or obligation secured by the mortgage is · No exemption from tax is claimed and the tax of__ is being paid herewith. (Make check payable to county clerk where deed will be recorded or, if the recording is to take place in New York City, make check payable to the NYC Department of Finance.) Signature (both the grantor(s) and grantee(s) must sign). The undemigned certify that the above return, including any certification, schedule or attachment, is to the best of hisgaer knowledge, true and complete. I?ANTELI~ FAK~IS, PRESIDENT, Grafltor t ~' - Tiffe TOWN OF SOUTHOLD, Grantee signature Title signature , Grantor signature Title , Grantee signature Title Reminder: Did you complete all of the required Information in Schedules A and B? Were you required to complete Schedule C? If you checked e, f or g In Schedule A, did you complete TP-584.1 ? Have you attached your check(s) made payable to the county clerk where recording will take place or, If the recording Is In New York City, to the NYC Department of Finance?/fno recording Is required, send your check(s), made payable to the Department of Taxation and Finance, directly to the NYS Tax Department, 'lTl'kg-Transfer Tax, PO. Box 5045, Albany NY 12205-5045. ~ First.4merican Title Insurance Company of New York Page 4 of 4 TP-584 (10/03) ISchedule D - Certification of exemption from the payment of estimated personal income tax (Article 22, Tax Law section 663) Complete the following only if a fee simple interest is being transferred by an individual or estate or trust. Part I - New York State residents If you are a New York State resident ~ansferor(s)/seller(s) listed in Schedule A of Form TP-584 (or an attachment to Form TP-584), you must sign the certification below. If one or more transferor(s)/seller(s) of the property is a resident of New York State, each resident transferor(s)/seller must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as many schedules as necessary to accommodate all resident transferor(s)/sallers. Certification of resident transferor(s)/seller(s) This is to certify that at the time of the sale or transfer of the real property, the transferor(s)/scller(s) as signed below was a resident of New York State, and therefore is not required to pay estimated personal income tax under Tax Law section 663(a) upon the sale or transfer of this prope~. · . Pantelis Fakiris (~ Sigh'~tur~ ' ' ~ X. / Print full name Date' Signature Print full name Date Signature Print full name Date NO?Z: A resident of New York State may still be required to pay estimated tax under section 685(c), but not as a condition of recording a deed.. Part II - Nonresidents of New York State If you ere a nonresident of New York State listed as a transferor(s)/seller in Schedule A of Form TP-584 (or an attachmant to Form TP-584) but are not required to pay estimated tax because one of the exemptions below applies under section 663(d) of the Tax Law, check the box of the appropriate exemption below. If any one of the exemptions below applies to the transferor(s)/scller(s), that tntnsferor(s)/saller(s) is not required to pay esthnatcd personal income tax to New York State under se~tinn 663 of the Tax Law. Each nonresident transferor(s)/seller who qualifies under one of the exemptions below must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as may schedules as necessary to accommodate all nonresident txaasferor(s)/sellers. If none of these exemption statements apply, you must use Form IT-2663, Nonresident Real Property Estimated Income Tax Payment Form, and pay the full amount of estimated tax, if any, to the recording of~cer at the time the deed is presented for recording Exemption for nonresident transferor(s)/seller(s) ] This is to certify that at the time of the sale or transfer of the real property, the transferor(s)/saller(s) (grantor) of this property was a nonresident of New York State, but is not required to pay estimated tax under Tax Law saction 663 due to one of the following exemptions: The property being sold or transferred was used exclusively as the transferor's/seller's principal resident (within the meaning of section 121 oftbe Internal Revenue Code) from __ to __ (see instructions). [] Thetransfer~r/se~~erisam~rtgagnrcenveyingthem~rtgagedpr~pertyt~am~rtgageeinf~ree~~sure~~rin~ieu~ff~re~~~surewith no additional consideration. [5~] The transferor or transferee is an agency or authority of the United States of America, an agency or authority of the sate of New York, the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Govemmant National Mortgage Association, or a private mortgage insurance company. Signature Print full name Date Signature Print full name Date Signature Print full name Date Signature Print full name Date FTWC-IO0 Rev. 4/00 0 0 CERTIFICATE OF TITLE First American Title Insurance Company of New York Title Number: 641-S-02652 PAUL CAUINITI, ESQ. (re:Gusmar Realty CorpJTown of Southold) First American Title Insurance Company of New York (" the Company") certifies to the "proposed insured (s)" listed herein that an examination of title to the premises described in Schedule A has been made in accordance with its usual procedure and a~ees to issue its standard form of tire insurance policy authorized by the Insurance Department of the State of New York, in the amount set forth herein, insuring the interest set forth herein, and the marketability thereof, in the premises described in Schedule A, after the closing of the transaction in conformance with the requirements and procedures approved by the Company and after the payment of the premium and fees associated herewith excepting (a) all loss or damage by reason of the estates, interests, defects, objections, liens, encumbrances and other matters set forth herein that are not disposed of to the satisfaction of the Company prior to such closing or issuance of the policy (b) any question or objection coming to the attention of the Company before the date of closing, or if there be no closing, before the issuance of the policy. This Agreement to insure shall terminate (1) if the prospective insured, his or her attorney or agent makes any untrue statement with respect to any material fact or suppresses or fails to disclose any material fact or if any untrue answers are given to material inquires by or on behalf of the Company; or (2) upon the issuance of title insurance in accordance herewith. In the event that this Certificate is endorsed and redated by an authorized representative of the Company after the closing of the transaction and payment of the premium and fees associated herewith, such "redated' Certificate shall serve as evidence of the title insurance issued until such time as a policy of title insurance is delivered to the insured. Any claim made under the redated Certificate shall be restricted to the conditions, stipulations and exclusions from coverage of the standard form of title insurance policy issued by the Company. COUNTERSIGNED AUTHORIZED SIGNATURE FIRST AMERICAN TITLE INSURANCE COMPANY  *" PRESIDEN*r CLOSING REQUIREMENTS 1. CLOSING DATE: In order m facilitate the closing of title, please notify the closing department at least't8 hours prior m the closing, of the date and place of closing, so that searches may be continued. 2. PROOF OF IDENTITY: Identity of all persons executing the papers delivered on the closing must be established to the satisfaction of the Company. 3. POWER OF ATTORNEY: If any of the closing instruments are to be executed pursuant to a Power of Attorney, a copy of such Power should be submitted to the Company prior to closing. THE IDENTITY OF THE PRINCIPAL EXECUTING THE POWER AND THE CONTINUED EFFECTIVENESS OF THE POWER MUST BE ESTABLISHED TO THE SATISFACTION OF THE COMPANY. The Power must be in recordable form. 4. CLOSING INSTRUMENTS: If any of the closing instruments will be other than commonly used forms or contain unusual provisions, the closing can be simplified and expedited by furnishing the Company with copies of the proposed documents in advance of closing. 5. LIEN LAW CLAUSE: Deeds and mortgages must contain the covenant required by Section 13 of the Lien Law. The covenant is not required in deeds from referees or other persons appointed by a court for the sole purpose of selling property. 6. REFERENCE TO SURVEYS AND MAPS: Closing instruments should make no reference to surveys or maps unless such surveys or maps are on file. 7. INTERMEDIARY DEEDS: In the event an intermediary will come into title at closing, other than the ultimate insured, the name of such party must be furnished m the Company in advance of closing so that appropriate searches can be made and relevant exceptions considered. MISCELLANEOUS PROVISIONS 1. THIS CERTIFICATE IS INTENDED FOR LAWYERS ONLY. YOUR LAWYER SHOULD BE CONSULTED BEFORE TAKING ANY ACTION BASED UPON THE CONTENTS HEREOF. 2. THE COMPANY'S CLOSER MAY NOT ACT AS LEGAL ADVISOR FOR ANY OF THE PARTIES OR DRAW LEGAL INSTRUMENTS FOR THEM. THE CLOSER IS PERMI 1 ! ED TO BE OF ASSISTANCE ONLY TO AN ATFORNEY. 3. If the insured contemplates making improvements to the property costing more than twenty per centum of the amount of insurance to be issued hereunder, we suggest that the amount of insurance be increased to cover the cost thereof; otherwise, in certain cases the insured will become a co-insurer. '1. Our policy will except from coverage any state of facts which an accurate survey might show, unless survey coverage is ordered. When such coverage is ordered, this certificate will set forth the specific survey exceptions which we will include in our policy. Whenever the word "trim" is used in any survey exceptions from covemge, it shall be deemed to include, roof cornices, mouldings, belt courses, water tables, keystones, pilasters, portico, balcony all of which project beyond the street line. 5. Our examination of the title includes a search for any unexpired financing statements which affect fixtures and which have been properly filed and indexed pursuant to the Uniform Commercial Code in the office of the recording officer of the county in which the real property lies. No search has been made for other financing statements because we do not insure title to personal property. We will on request, in connection with the issuance of a title insurance policy, prepare such search for an additional charge. Our liability in connection with such search is limited to $1,000.00. 6. This company must be notified immediately of the recording or the filing, after the date of this certificate, of any instrument and of the discharge or other disposition of any mortgage, j udgmen t, lien or any other matter set forth in this cer tifica te and of any change in the transaction to be insured or the parties thereto. The continuation will not otherwise disclose the disposition of any lien. 7. If affirmative insurance is desired regarding any of the restrictive covenants with respect to new construction or alterations, please request such insurance in advance of closing as this request should not be considered at closing. 8. If it is discovered that there is additional property or an appurtenant easement for which insurance is desired, please contact the Company in advance of closing so that an appropriate title search may be made. In some cases, our rate manual provides for an additional charge for such insmance. CERTIFICATION PAGE TITLE NUMBER: 641-S-02652 EFFECTIVE DATE: 1012004 FEE INSURANCE: $ TBD MORTGAGE INSURANCE:$ PROPOSED INSURED: TOWN OF SOUTHOLD MORTGAGEE: TITLE VESTED IN: GUSMAR REALTY CORP. SOURCE OF TITLE BY A DEED DATED: 9/19~95, RECORDED: 4/5/99 IN LIBER 11955 PAGE 460. (PREMISES AND MORE) STREET ADDRESS: GUS DRIVE~ SOUTHOLD, NY TAX MAP DESIGNATION: t 000-036.00-07.00-0~ 0.023 QUESTIONS CONCERNING THIS TITLE INSURANCE REPORT SHOULD BE DIRECTED TO: JEANNE ANSTETT, OFFICE MANAGER~31-369-0222 (FAX: 631-369-4020) PECONIC ABSTRACT, INC. P.O. BOX 1267, 405 OSTRANDER AVENUE, RIVERHEAD, NEW YORK 11901 © TITLE NUMBER: 641.S.02652 SCHEDULE "A" DESCRIPTION ALL that certain plot, piece or pamel of land, situate, lying and being at East Marion, Town of Southold, County of Suffolk and State of New York, known and designated as Summit Lane as shown on Subdivision Map, "Summit Estates, Section 3", filed in the Office of the Clerk of Suffolk County on May 21, 2002 as Map No. 10769, more particularly bounded and described as follows: BEGINNING at a point on the northerly side of Gus Drive, said point being situate the following three (3) courses and distances as measured along the northerly side of Gus Drive from the northerly terminus of the arc of a curve connecting the northerly side of Gus Drive and the westerly side of Shipyard Lane: 1) Along the arc of a curve to the right having a radius of 40.00 feet, a distance of 62.83 feet; 2) South 52 degrees 53 minutes 48 seconds West, 248.00 feet; 3) Along the arc of a curve to the left having a radius of 860.00 feet, a distance of 20.39 feet; RUNNING THENCE from said point of beginning westerly along the northerly side of Gus Drive along the arc of a curve to the left having a radius of 860.00 feet, a distance of 124.33 feet to Lot 26, Subdivision Map, "Summit Estates, Section 3"; RUNNING THENCE along Lot 26, Subdivision Map, "Summit Estates, Section 3", the following two (2) courses and distances: 1) Along the arc of a curve to the left having a radius of 40.00 feet, a distance of 59.94 feet; 2) North 42 degrees 36 minutes t2 seconds West, 157.50 feet to Lot 17, Subdivision Map, "Summit Estates, Section 2", filed in the Office of the Clerk of Suffolk County on May 21, 2002 as Map No. 10768 and the southerly terminus of Summit Lane, Summit Estates, Section 2"; RUNNING THENCE North 47 degrees 23 minutes 48 seconds East along the southerly terminus of Summit Lane, Summit Estates, Section 2, a distance of 50.00 feet to Lot 25, Subdivision Map, "Summit Estates, Section 3"; © RUNNING THENCE along Lot 25, Subdivision Map, "Summit Estates, Section 3" the following two (2) courses and distances: 1) South 42 degrees 36 minutes 12 seconds East, 157.50 feet; 2) Along the arc of a curve to the left having a radius of 40.00 feet, a distance of 59.94 feet to the point or place of BEGINNING. © TITLE NUMBER: 641-S-02652 EXCEPTION SHEET SCHEDULE ~ IN WHICH ARE SET FORTH THE ADDITIONAL MATTERS WHICH WILL APPEAR IN THE POLICY AS EXCEPTIONS FROM COVERAGE, UNLESS DISPOSED OF TO THE COMPANY SATISFACTION PRIOR TO THE CLOSING OR DELIVERY OF THE POLICY: 1.) TAXES, LIENS, WATER RATES, SEWER RENTS AND ASSESSMENTS SET FORTH IN SCHEDULE HEREIN. 2.) MORTGAGES RETURNED HEREIN ( 1 ). DETAILED WITHIN. 3.) RIGHTS OF TENANTS OR PERSONS IN POSSESSION. 4.)IN THE ABSENCE OF A GUARANTEED SURVEY, THE EXACT COURSES AND DIMENSIONS IN SCHEDULE A HEREIN WILL NOT BE INSURED. 5.) ANY STATE OF FACTS AN ACCURATE SURVEY OF THE PREMISES WOULD SHOW. 6.) ANY STATE OF FACTS AN INSPECTION OF THE PREMISES MAY DISCLOSE. 7.) CLOSING DEED MUST CONTAIN A RECITAL AS TO THE GRANTORS SOURCE OF TITLE. 8.)CONTRACT OF SALE TO BE SUBMITTED TO COMPANY FOR EXAMINATION PRIOR TO CLOSING. 9.) COMPANY REQUIRES CERTIFIED FUNDS ON ANY CHECKS OVER THE AMOUNT OF $500.00. 10.)NOTE: EFFECTIVE SEPTEMBER 1, 2003, NEW YORK STATE LAW SECTION 633 IMPOSES FILING AND PREPAYMENT REQUIREMENTS ON NON-RESIDENT INDIVIDUALS, ESTATES OR TRUSTS SELLING OR TRANSFERRING A FEE SIMPLE INTEREST IN REAL PROPERTY LOCATED IN NEW YORK (OTHER THAN THE SALE OF A PRINCIPAL RESIDENCE AS THAT TERM IS DEFINED IN SECTION 121 OF THE IRS CODE). SECTION 663 REQUIRES THOSE SELLERS TO FILE A RETURN AND PAY ESTIMATED PERSONAL INCOME TAX LIABILITY ON THE GAIN, IF ANY, FROM SUCH SALE OR TRANSFER. PROOF OF SUCH PAYMENT (OR EXEMPTION FROM SAME) WILL BE REQUIRED BEFORE ANY DEED WILL BE ACCEPTED FOR RECORDING. © 11.) ALSO NOTE~ THAT IF A POWER OF ATTORNEY IS TO SIGN THE FORM IT2663~ FORM POA-I MUST ALSO BE ATTACHED TO THIS FORM TO BE SENT TO THE NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE. 12.)1F THE TITLE COMPANY IS REQUIRED TO PAY THE ABOVE MENTIONED PERSONAL INCOME TAX DIRECTLY, CERTIFIED FUNDS MUST BE SUBMITTED, AND AN ADDITIONAL $150.00 WILL BE CHARGED TO THE SELLER. 13.)CONSENT OF THE STOCKHOLDERS OF THE PROPOSED CONVEYANCE TO BE SUBMITTED TO COMPANY PRIOR TO, OR AT CLOSING. 14.) COVENANTS AND RESTRICTIONS IN LIBER 11271 PAGE 441. © MORTGAGE SCHEDULE TITLE NUMBER: 641-S-02652 MORTGAGOR: GUSMAR REALTY CORP. MORTGAGEE: MASPETH FEDERAL SAVINGS AN LOAN ASSOCIATION DATED: 5/21102 RECORDED: 616102 LIBER: 20110 PAGE: 976 AMOUNT: $ 400,000.00 (PREMISES AND MORE) - TO BE RELEASED Report Prepared for h,,.,gCONIC ABSTRACT Title No. 641 S02652 The unpaid taxes, water rates, assessments and other matters relating to taxe~ which are liens at the date of this certificate are set forth below. Our policy does not insure against such items which have not become a lien up to the date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut. TOWN OF SOUTHOLD SOUTHOLD (NOT INC) SCHOOL DISTRICT 2 ASSESSED TO: GUSMAR REALTY CORP If the tax lots above mentioned cover more or less than the premises under exam- ination, this fact will be noted herein. In such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. CLASS 311 1.230 ACRES 1000-038.00-07.00-010.023 FKA 1000-038.00-07.00-010.002 GUS DRIVE ASSESSED VALUE 100 / 100 NON-EXEMPT Disposition: 2003/2004 TOWN AND SCHOOL TAXES ..... TOTAL 1st HALF $29.06 PAID 3/10/04 2nd HALF $29.05 PA1D 5/25/04 $58.11 DUE: 01/10 DUE: 05/31 PRIOR TOWN AND SCHOOL TAXES PAID. WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. RUN DATE: 10/08/04 SUBJECT TO CONTINUATION Recent payments of any items retumed on this tax search may not yet be reflected on the public records. Therefore please request the seller or borrower to have the receipted bills available at closing. SUNRISE RESEARCH CORP. DECLAI~%TION OF COVENANTS AND RESTRICTIONS FOR SUP~IT ESTATES, EAST MARION, NEW YORE THIS DECLARATION made by ~usmar Realty Corp. this 13th day of February, 1991, a domestic corporation with offices located at 1:9-07 37th Avenue, Long Island City, New York, hereinafter referred to as the DECLARANT, ss to the owner of the premises described in Schedule "A" annexed hereto (hereinafter referred to as the PREMISES) desires to restrict the ~use and enjoyment of said PREMISES and has for such purposes determined to impose on said PREMISES covenants and restrictions and does hereby declare that said PREMISES shall be held and shall be conveyed subject to the following covenents and restrictions: 1. DECLARANT has made application to the Suffolk County Department of Health Services (hereinafter referred to as the DEPARTMENT) for a permit to construct, approval of plans or approval of subdivision or development on the PREMISES. 2. As a condition of approval by the DEPARTMENT of the subdivision or development application, the DECLARANT covenants that there shall be no conveyance of any plot unless public water is extended thereto. This shall not prevent a conveyance of the entire subdivision subject to this covenant. The DECLARANT, its successors and/or assigns shall set forth these covenants, agreements and declarations in any and all leases to occupants, tenants and/or lessees of the above described property end shall, by their terms, subject same to the covenants and restrictions contained herein. Failure of the DECL~RART, its successors and/or assigns to so condition the leases shall not invalidate their automatic subjugation to the covenants and restrictions. All of the covenants and restrictions contained herein shall be construed to be in addition to and not in derogation or limitation upon any provisions of local, state and federal laws, ordinances, and/or regulations in effect at the time of execution of this e~reement, or at the time such laws, ordinances, ~ld/or re~lations may thereafter b e revised, emended, or promulgated. This document is made subject to the provisions of all laws required by law or by their provisions to be incorporated herein and they are deemed to be incorporated herein and made a part hereof, as though fully set forth. The aforementioned Restrictive Covenants shall be enforceable by the Co~mty of Suffolk, State of New York, hy injunctive relief or byany other remedy in equity or at law. The failure of said agencies or the County of Suffolk to enforce the same shall not be deemed to affect the validity of this covenant nor to impose m~y liability whatsoever upon the Co~mty of Suffolk or any officer or employee thereof. 112"d{ 42 These covenants and restrictions shall run with the lend and shall be binding ul~n the DECLARAI~, its successors and assigns, and uvon all ~ersons or entities claiming tu~der them, end may be terminated, revoked or amended only with the written consent of the DEPARTMENT. If any section, subsection, paragraph, clarke, phrase or provision of these covenants and restrictions shall, by a Court of competent j~uriediction, be adjudged illegal, unlawful, invalid, or held to be tmconstitutional, the same shall not affect the validity of these covenants as a whole or any other part or provision hereof other than the part so adjudged to be illegal, unlawful, invalid, or ~mconstttutional. {{ [<ca) Law ~32-1980 - The DECLARANT represents and warrants that he has not o£fered or given any gratuity to e.ny offica], ~mployee, or agent of Suffolk Co~mty, New York Stats, or ~f any rol]t, ical party, with the porpuse or intent of securing f.~w~rable treatment with respect to the performance of em agreement, and that such person has read and is familiar with the provisions of local ~aw ~32-1980. STATE OF NEW YORK)~: CO1 NTY OF SUFFOLK; On this _.. /~- day of ~efc, re me came ~x3r~;.~$ ~9~-;~-}m to me known to be the individual described in and who executed the foregoing instr~m~en% and acknowledged thet he executed the same. t~ATRICIA A. H. FORREST ~C)TARY PUBLIC, S~ate of New Yo~ No. 30-6360110 Qualified in ,Suffolk County CO~mlsslon t~xpires £-~ -~ 11 '/1 44q SCHI~.K~ A TR~ Title No. PQ 3950 S ALL that certain plot, piece or parcel of land, situate, lying and being near the Hamlet of East Marion, Town of Scut-hold, Colmty of Suffolk and State of New York, bounded and described as follows: B~GIS~ING at the po/hr of intersection of the southerly line of Main Road with the westerly line of Shipyard Lane; RU~IN~ TaXI, CE along said westerly line of Shipyard Lane, the following 3 courses and distances: (1) South 36 de~rees 36 minutes 10 seconds East, 833.33 feet; (2) South 35 degrees 56 minutes 30 seconds ~t, 832.52 feet; (3) South 35 degrees 41 minutes 30 seconds East, 43.12 feet to land of Parkside Heights Co. ~gNCE along said land of Parkside Heights Co., the following 4 courses and distances: (1) South 55 degrees (2) South 35 degrees (3) South 55 degrees (4) South 11 degrees to ordinary high TH~qCE westerly along Kavanaugh; 16 minutes 00 seconds West, 293.40 feet; 41 minutes 30 seconds East, 600.00 feet; 16 minutes 00 secc~ds West, 206.73 feet; 40 minutes 30 seconds West, 540.89 feet more or less, water mark of Gardiner's Bay; said high water mark, 97.34 feet more or less to land of TH~X~E al~ said land of Kavanaugh, the following 4 cc~rses and distances: (1) North 11 degrees 49 minutes 30 seconds East, 480.11 feet more or l~s; (2) South 85 de~rees 45 minutes 20 seconds West, 250.00 feet; (3) North 33 degrees 30 minutes 50 seconds West, 427.54 feet; (4) South 58 degrees 49 minutes 10 seconds West, 87.89 feet to land now or formerly of Dawn Estates, Inc. Schedule A - Page 2 TH~CE along said land of Dawn Estates, Inc., other land of Kavanaugh and land of North Fork ~quities, Inc., North 33 degrees 22 minutes 50 seconds West, 812.15 feet; THKNCE continuing along said land of North Fork ~quities, Inc., North 34 degrees 34 minutes 40 s ~c~ds~ West, 1,067.74 feet to the southerly line of Main Road; TH~I~CE along said southerly line of Main Road, the following 3 courses and distances: (1) North 71 degrees 44 minutes 30 seconds East, 93.75 feet; (2) North 77 degrees 42 minutes 30 seconds East, 221.37 feet; (3) North 64 degr~e~ 53 m/nutes 30 seconds East, 62.85 feet more or less to land of State of New York; TH~CE along said land of State of New York, the following 5 courses and distances: South 32 degrees 25 minutes 56 seconds East, 506.32 feet; (2) (3) (4) (5) North 57 degrees 34 minutes North 32 degrees 25 minutes South 57 degrees 34 minutes 4 seconds East, 300.00 feet; 56 seconds West, 300.00 feet; 4 seconds We~t, 265.00 feet; North 32 degrees 25 m/nutes 56 seconds West, 201.82 feet to said southerly 1/ne of Main Boad; ~H~2{CE along said sc~therly li~e distances: of Main Road, the following 2 courses and (1) North 64 degrees 53 minutes 30 seconds East, 17.09 feet more or lees; (2) North 57 degrees 40 minutes 40 seconds East, 430.21 feet to the point or place of 112 446 H.D. P~. NO. OR ~ OF S~BDIVISI(I~ .. ~ ES~S In the matter of the applioaticm of ~ ES~I%TES , the undersigned, as holder of a mortgage or lies c~ presses a~cribed in ~hedule "A" annexed h~, hereby co.seats to the anneEed Cover~nts and described in and who executed the foregoin~ /nstrume~t and acknowl~%jed that he executed sa~e. AMER! First American Title Insurance Company of New York FTWC-125 REV. 1/92 © Form 8002 (9/99) - 20M -- Bargain and Sale Deed, with Coveaanta n~ni#at Orantor's Aero--Individual or Cmporafio~. (single sheet) CONSULT YOUI~ LAWY~I IIFONI BIGNIN 1141B INS'TIIUMBN~ -- 11#1 INIlllUMINT SHOULD B! UB BY LAWY~S ONLY. THIS INDENTURE, made the day of (..~:~7~'~7~- , ~X21574C and BETWEEN · GUSMAR REALTY CORP., a domestic corporation, with offices located at 13-15 37th Avenue, Long Island City, NY 11101 party of the first part, and TOWN OF SOUTHOLD, Southold Town Hall, No # Main Road, Southold, NY 11971 party of the second part, WITNESSETIt, that the party of the first part, in consideration of ten dollars and other valuable consideration paid by the pa~'y of the second par% does hereby gnmt 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 SEE ANNEXED LEGAL DESCRIPTION MADE PART HEREOF SAID PREMISES being a part of the premises described in the deed to the grantor recorded in Liber 11955 page 460. THIS CONVEYANCE is made by the party of the first part during the normal course of business and with the unanimous written consent of the shareholders of Gusmar Realty Corporation. TOGETHER with all right, title and interest, if any, of the party of the first part, 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 fights of the party of the first part i~ 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 encumbered 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 fight to receive such consider- ation 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 L written. GUSMAR REALTY CORPORATION IN PRESENCE OF: P~ITELIS FAKIRI~S, PRESIDENT Acknowledgement'taken In NewYork ~tate State of NewYork, County of ,88,* On the o~"7 day of (~C...~ in the year ~, before me, the undersigned, personally 'appeared PN, rz'..', .TS personally known to me or proved to me on the basis of satisfactory 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 the same in hie/her/their capacity(les), and that by his/her/their signature(s) on the instrument, the individual(s) or the person upon behalf of which the individual(s) acted, executed the instrument. CAMII I I:: LUCARINI Notmy Public, State of New York No. 4910722 Qualified in Suffolk County C~mmlaslon Expires ii l1(~ Acknowledgement by Subscribing Wltnesa taken In New York Stet~ State of New York, County of , ss: On the day of , in the year the undersigned, personally appeared , before me, the subscribing witness to the foregoing instrument, with whom I am personally acquainted, who being by me duly sworn, did depose and say, that he/she/they reside(s) In that he/she/they know(s) to be the individual described in and who executed the foregoing instrument; that said subscribing witness was present and saw said execute the same; and that said witness at the same time subscribed his/her/their name(s) es a witness thereto. TO ~ OF ~3DTHOLD Distributed by Cldcago ~ifle ln.,mrance Company Acknowledgement taken In NewYork State State of Now York, County of , ss: On the day of , in the year the undersigned, personally appeared before me, personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(les), and that by hie/her/their signature(s) on the instrument, the individual(s) or the person upon behalf of which the individual(s) acted, executed the instrument. Acknowledgement taken outside New York State · State of , County of · (or insert District of Columbia, Territory, Possession or Foreign Country) , ss: On the day of , in the year the undersigned, personally appeared , before me, personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(les), that by his/her/their signature(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 made such appearance before the undersigned in the (add the city or political subdivision and the state or country or other place the acknowledgement was taken). SECTION 35 BLOCK 8 LOT 5.17, 5.18 COUNTY OR TOWN ~I.~ / S(TJ'i~OI.~ RETURN BY MAILTO: SOUTHOLD TOWN CLERK SOUTHOLD TOWN HALL PO BOX 1179, MAIN ROAD SOUTHOLD, NY 11971 Zip No. © Form 8002 (9/99) - 20M -- Bargain and Sale Deed, with Covenants against Grantor's Acts~lndividual or Corporation. (single sheet) OONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-- THIS INSTRUMENT SHOULD BE USED BY LAWYERB ONLY. THIS INDENTURE, made the day of and BETWEEN · GUSMAR REALTY CORP., a domestic corporation, with offices located at 13-15 37th Avenue, Long Island City, NY 11101 party of the first part, and TOWN OF SOUTHOLD, Southold Town Hall, No # Main Road, 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 SEE ANNEXED LEGAL DESCRIFIION MADE PART HEREOF SAID PREMISES being a part of the premises described in the deed to the grantor recorded in Liber 11955 page 460. THIS CONVEYANCE is made by the party of the first part during the normal course of business and with the unanimous written consent of the shareholders of Gusmar Realty Corporation. TOGETHER with all right, title and interest, if any, of the party of the first part, 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 encumbered 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 consider- ation 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. GUSMAR REALTY CORPORATION IN PRESENCE OF: PANTELfS ~FAKI~S, PRESIDENT Acknowledgement taken In NewYork State State of New York, County of S~.[~ , ss: %1,.. , On the~'~-~ day of O~,~in the year~, before me, the undersigned, personally'appeared P~T~IS F~I~S personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s) whose name(s) is (am) sub~ribed to the within instrument and a~nowledged to me that he/she/they executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument, the individual(s) or the pemon upon behalf of which the individual(s) a~ed, ex~utedt~ N~ ~ic, ~ of N~ Yo~ No. 4910722 ~alifl~ in S~k Coun~ ~nmmlssion Expires tl~ ~ ~ 0 ~ Acknowledgement by Subscribing Witness taken In Now York State State of New York, County of On the day of , in the year the undersigned, personally appeared , before me, the subscribing witness to the foregoing instrument, with whom I am personally acquainted, who being by me duly sworn, did depose and say, that he/she/they reside(s) in that he/she/lhey know(s) to be the individual described in and who executed the foregoing instrument; that said subscribing witness was present and saw said execute the same; and that said witness at the same time subscribed his/her/their name(s) as a witness thereto. ~JSMAR REALTY CORPORATION TO TOWN OF SOUTHOLD Distributed by Chicago Title Insurance Company Acknowledgement taken In NowYork State State of New York, County of On the day of , in the year the undersigned, personally appeared , before me, personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(les), and that by his/her/their signature(s) on the instrument, the individual(s) or the person upon behalf of which the individual(s) acted, executed the instrument. Acknowledgement taken outside New York State * State of , County of * (or insert District of Columbia, Territory, Possession or Foreign Country) , SS: On the day of , in the year the undersigned, personally appeared before me, personally known to me or proved to ms on the basis of satisfactory 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 the same in his/her/their capacity(ies), that by his/her/their signature(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 made such appearance before the undersigned in the (add the city or political subdivision and the state or country or other place the acknowledgement was taken). SECTION 38 BLOCK 7 LOT 1 0,23 COUNTY OR TOWN RETURN BY MAILTO: SOUTHOLD TOWN C'T.'~K SOUTHOLD TOWN HALL PO BOX 1179, MA/N ROAD SOUTHOLD, NY 11971 Zip No. 0 0 TITLE NUMBER: 641-S-02652 SCHEDULE "A" DESCRIPTION ALL that certain plot, piece or parcel of land, situate, lying and being at East Marion, Town of Southold, County of Suffolk and State of New York, known and designated as Summit Lane as shown on Subdivision Map, "Summit Estates, Section 3", filed in the Office of the Clerk of Suffolk County on May 21, 2002 as Map No. 10769, more particularly bounded and described as follows: BEGINNING at a point on the northerly side of Gus Drive, said point being situate the following three (3) courses and distances as measured along the northerly side of Gus Drive from the northerly terminus of the arc of a curve connecting the northerly side of Gus Drive and the westerly side of Shipyard Lane: 1) Along the arc of a curve to the right having a radius of 40.00 feet, a distance of 62.83 feet; 2) South 52 degrees 53 minutes 48 seconds West, 248.00 feet; 3) Along the arc of a curve to the left having a radius of 860.00 feet, a distance of 20.39 feet; RUNNING THENCE from said point of beginning westerly along the northerly side of Gus Drive along the arc of a curve to the left having a radius of 860.00 feet, a distance of 124.33 feet to Lot 26, Subdivision Map, "Summit Estates, Section 3"; RUNNING THENCE along Lot 26, Subdivision Map, "Summit Estates, Section 3", the following two (2) courses and distances: 1) Along the arc of a curve to the left having a radius of 40.00 feet, a distance of 59.94 feet; 2) North 42 degrees 36 minutes 12 seconds West, 157.50 feet to Lot 17, Subdivision Map, "Summit Estates, Section 2", filed in the Office of the Clerk of Suffolk County on May 21, 2002 as Map No. 10768 and the southerly terminus of Summit Lane, Summit Estates, Section 2"; RUNNING THENCE North 47 degrees 23 minutes 48 seconds East along the southerly terminus of Summit Lane, Summit Estates, Section 2, a distance of 50.00 feet to Lot 25, Subdivision Map, "Summit Estates, Section 3"; © RUNNING THENCE along Lot 25, Subdivision Map, "Summit Estates, Section 3" the following two (2) courses and distances: 1) South 42 degrees 36 minutes 12 seconds East, 157.50 feet; 2) Along the arc of a curve to the left having a radius of 40.00 feet, a distance of 59.94 feet to the point or place of BEGINNING. irst American Title l~rance Company of New York Peconic Bay Region Community Preservation Fund East Hampton 03 Riverhead 06 Shelter Island 07 Southampton 09 Southold 10 Please print or type ISchedule A - Information Relating to Conveyance Grantor Social Security Number [] Individual Name (if individual, last. first, middle initial) I [] Corporaton GUSMAR REALTY CORPORATION I-I Partnership Social Security Number [] Other Mailing address I I 13-15 37TH AVENUE City State ZIP code Federal employer ident. Number LONG ISLAND CIT~ NY 11101 Grantee Social Security Number [] Individual Name (tfindividual. last. first, middle initial) I [] Coq~ration TOWN OF SOUTHOLD [] Parmership Mailing address Social Security Number [] Other NO # MAre ROAD I I Federal employer ident. Number City State ZIP code SOUTHOLD NY 11971 Location and description of property, conveyed Tax Map Designation Section Block ] Lot 38 7 ] 10.23 Address SUMMIT ESTATES, GUS DRIVE (SECTION 3) Type of properly conveyed (check applicable box) [] Improved Date of conveyance Date of contract I I 12oo41 I I 120 1 [] Vaeantland month day year month day year City/Village I Town ~'"'""~ $'~,-'""-'~ EAST ---- VgOUT~OLn Dual To~s: Condition of conveyance (cheek all that apply) a [] Conveyance of fee interest b [] Acquisition of a controlling interest (state percentage acquired %) c [] Transfer of a controlling interest (state percentage mmsferred %) d [] Conveyance to cooperatve housing coq~oration e [] Conveyance pursuant to or in lien of foreclosure or enforcement of security interest f [] Conveyance which consists of a mere change of identity or form of ownership or organization g [] Conveyance for which credit for tax previously paid will be claimed h [] Conveyance of cooperative apartment(s) i [] Syndication j [] Conveyance or air rights or devalopmcnt rights k [] Contract assignment I f'~ Opton assignment of surrender ra [] Leasehold assignment or surrender n [] Leasehold grant o [] Conveyance of an easement p [] Conveyance for which exemption from is claimed (complete Schedule B. part Il) [] Conveyance of property partly within and r [] Other (describe) ISchedule B - Community Preservation Fund Part I - Computation of Tax Due 1 Enter amount of consideration for the conveyance (from line I TP-584 Schedule B) ................................................. 2 Allowance (see below) ..................................................................................................................................... 3 Taxable consideration (subtract line 2from line 1) ......................................................................................... 4 2% Community Preservation Fund (of line 3) make certified check payable to SUFFOLK COUNTY CLERK 5 Property not subject to CPF Tax (See Part I1) .................................................................................................. Amount received Allowance: East Hampton Shelter Island Southampton Rlverhead Sunthold $250,000.00 Improved $250,000.00 Improved $250,000.00 Improved $150,000.00 Improved $150,000.00 Improved Date received $100,000.00 Vacant Land (Unimproved) $100,000.00 Vacant Land (Unimproved) $100,000.00 Vacant Land (Unimproved) , $75,000.00 Vacant Land (Unimproved) , $75,000.00 Vacant Land (Unimproved) ~ First American Title Insu~ce Company of New York 0 Schedule B - (continued) Part II -Explanation of Exemption Claimed in Part I, line 5 (check any boxes that apply) The conveyance of real property is exempt from the real estate transfer tax for the following reason: a. Conveyance is to the United Nations, the United States of America, the state of New York or any of their instrumentalities, agencies or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact with another slate or Canada) ......................................................................................................................................................................................... a [] b. Conveyance is to secure a debt or other obligation ................................................................................................................................... b [] c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance ..................................... c [] d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fide gifts ..................................................................................................................................................................................................... d [] e. Conveyance is givan in connection with a tax sale ................................................................................................................................... e [] Conveyance is a mere change of identity or form of ownership or organization where there is no change in baneficial ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) .............................................................................................................................................................................. f [] g. Conveyance consists of deed of partition .................................................................................................................................................. g [] h. Conveyance is given pursuant to the federal bankruptcy asr .................................................................................................................... h [] i. Conveyance consists of the execution of a contract to sell real property without the usc or occupancy of such property or the granting of an option to purchase real property without the use or occupancy of such property .................................................................................. i [] Conveyance of real property which is subject to restrictions which prohibit the use of the entire property for any purposes except agriculture, recreation or conservation, pursuant to Section 1449-ec (2) 0) or (k) of Article 31-D of the Tax Law (See required Town approval, below) k. Conveyance of real property for open space, parks, or historic preservation purposes to any not-for-profit tax exempt corporation operated for conservation, environmental, or historic preservation purposes ............................................................................................ k [] 1. Other -- list explanations in space below (Grandfather/Contract) .............................................................................................................. 1 [] m. The conveyanco is approved for an exemption from the Community Preservation Transfer Tax, under Sectiun 1449-ee of Article 31 -D of the Tax law (scej in Schedule C) ........................................................................................................................................................ m [] Town Attorney or other designated official Penalties and Interest Penalties Any grantor or grantee failing to file a return or to pay any tax within thc timc required shall be subject to penalty of 10% of the amount of tax due plus an interest penalty of 2% of such amount for each month of delay or fi-action thereof after the expiration of the first month after such return was required to be filed or the tax became due. However, the interest penalty shall not exceed 25% in the aggregate. Interest Daily compounded interest will be charged on the amount of the tax due not paid with the time required. *****By signing the following, the buyer and seller further represent and attest to the fact that for property lying within Southold Town, a validly executed contract was in effect prior to March 1, 1999 and that for all other towns subject at the CPF tax, a validly executed contract was in effect prior to April 1, 1999. Seller Buyer The undersigned certify that the above return, including any certification, schedule or attachment, is to the best of his&er knowledge, tree and complete. Signature (both the grantor(s) and grantee(s) must sign). ~ I~' - - / Gnankor ' Title Pantelis Fakiris, President Grantee Title TOWN OF SOUTHOLD: STATE OF NEW YORK In the Matter of the Application of GUSMAR REALTY CORPORATION, for the APPLICATION Laying Out of Highways at East Marion, Town of Southold, Suffolk County, New York, to be known as: "SUMMIT LANE", "MARINA LANE", "GUS DRIVE", "RECHARGE BASIN" and "DRAINAGE EASEMENT" To the Town Superintendent of Highways of the Town of Southold, in the County of Suffolk and State of New York: The undersigned petitioner, GUSMAR REALTY CORPORATION, a New York corporation, having its principal place of business at 13-15 37th Avenue, Long Island City, New York 11101, as owner of SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN and DRAINAGE EASEMENT, hereby applying to the Town Superintendent of Highways to lay out new highways known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN, and DRAINAGE EASEMENT, liable to be assessed for highway taxes hereby apply to the Superintendent of Highways to lay out new highways and recharge basin area at East Marion, in the Town of Southold, County of Suffolk and State of New York, as follows: 1. The highways known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN, and DRAINAGE EASEMENT, as shown and designated on certain maps entitled "Map of Summit Estates, Section One", "Map of Summit Estates, Section Two", and Map of Summit Estates, Section Three", situate at East Marion, in the Town of Southold, County of Suffolk and State of New York, filed in Dated: the Office of the Clerk of the County of Suffolk on November 4, 1993, as Map No. 9426, on May 21, 2002, as Map No. 10768, and on May 21, 2002, as Map No. 17069. Maps of said proposed highways are annexed hereto and made a part of the application, together with a release and dedication to the Town of Southold by petitioner herein, over whose property said highways are to run. "~ !'~._<~' ,2005 STATE OF NEW YORK COUNTY OF ~ ) ) SS.: ) GUSMAR REALTY CORPORATION Pa~telis ~:a kit~is~ ~lr~sid ent/7 On the 'L~ay of ~'Td [.~-J . ,2005, before me, the undersigned, personally app--~-red PANTELIS I~AKIRIS, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed same in his capacity and that by his signature on the instrument, the individual, or the person on behalf of which the individual acted, ~xecuted the instrument. ~'7"'N°tary ~ Number of pages TORRENS Serial # Certificate # Prior Cfi. # Deed. Mortgage Instrument Page / Filing Fee Handling 3, 0O TP-584 Notation EA-5217 (County) EA-5217 (State) R.RT.S.A. Comm. of Ed. 5. 00 Affidavit Certified Copy Reg. Copy Other 1000 038.00 QT.Q0 /1000 I 035.00 I 08.00 4 ~Dis~ict ISection ] Block Real Property Tax Service Agency Verification Deed / Mortgage Tax Stamp FEES SubTotal Sub Total Grand Total 005.017 & ILot ,,,,.. e,__o Recording / Filing Stamps Consideration Amount CPF Tax Due Mortgage Amt. 1. Basic Tax 2. Additional Tax Sub Total Spec. / Assit. or Spec. / Add. TOT. MTG~ TAX Dual Town __ Dual County __ Held for Appointment __ Transfer Tax Mansion Tax The property covered by this motgage is or will be improved by a one or two family dwelling only. YES or NO If NO, see appropriate tax clause on page ~ of this instrument. '12 Communit~ Preservation Fund $0 $o Improved Vacant Land Satisfaction/Discharges/Release List Property Owners Mailing Address RECORD & RETURN TO: TD TOWN OF SOUTHOLD P.O. Box 1179 TD Southold, NY 11971-0959 ATT: Ms. Elizabeth Neville, Town Cle~k-~-- . . ] 7 I Title Company Information Inc. ' Suffolk County Recording & Endorsement Page This page forms part of the attached DEDTC'ArPT(~lXl ~un t~r~q~ madeby: (SPECIFY TYPE OF INSTRUMENT) The premisis herein is situated in TOWN OF SOUTNOLD SUFFOLK COUNTY, NEW YORK. In the Township of In the VILLAGE or HAMLET of EAST MARION BOXES 6 THROUGH 8 MUST BE TYPED OR PRIN'rtiD IN BLACK INK ONLY PRIOR TO RECORDING OR FILING TOWN OF SOUTHOLD: STATE OF NEW YORK In the Matter of the Application of GUSMAR REALTY CORPORATION, for the DEDICATION AND Laying Out of Highways at East Marion, Town of RELEASE Southold, Suffolk County, New York, to be known as: "SUMMIT LANE", "MARINA LANE", "GUS DRIVE", "RECHARGE BASIN" and "DRAINAGE EASEMENT" We, GUSMAR REALTY CORPORATION, being the owner of certain land in East Marion, Town of Southold, County of Suffolk and State of New York, and included within which land are proposed highways known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN and DRAINAGE EASEMENT described in the above-entitled matter dated June 2, 2005. NOW, THEREFORE, in consideration ofTen Dollars ($10.00) to us in hand paid by Peter W. Harris, Superintendent of Highways of said Town of Southold, and in further consideration of laying out of the new highways known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN and DRAINAGE EASEMENT, do hereby release and dedicate to the Town of Southold all the land heretofore owned by us within said proposed highways as follows: The highways known as SUMMIT LANE, MARINA LANE, GUS DRIVE, RECHARGE BASIN, and DRAINAGE EASEMENT, as shown and designated on certain maps entitled "Map of Summit Estates, Section One", "Map of Summit Estates, Section Two", and "Map of Summit Estates, Section Three", situate at East Marion, in the Town of Southold, County of Suffolk and State of New York, filed in the Office of the Clerk of the County of Suffolk on November 4, 1993, as Map No. 9426, on May 21,2002, as Map No. 10768, and on May 21,2002, as Map No. 10769. And we do release the said Town of Southold from all damages by reason of the laying out of the said highways. GUSMAR REALTY CORPORATION P~n-'t~s-F~ki'ris, I~resident~ STATE OF NEW YORK ) ) SS.: COUNTY OF ~ ) On the "/-~day of "~-0 Id~ ,2005, before me, the undersigned, personally app¥~-red PANTCLIS CAKIRIS, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed same in his capacity and that by his signature on the instrument, the individual, or the person on behalf of which the individual acted, executed the instrument. MICHELLE MORILLO NOTARY PUBLIC STATE O1~ NEW YORK April 7, 2005 Summit Estates, Section 1 Summit Estates, Section 2 Summit Estates, Section 3 at East Marion, Town of Southold, Suffolk County, New York APR 1 5 2005 Surveyor's Description ALL those certain plots, pieces, or parcels of land with the buildings and improvements thereon erected, situate, lying and being at East Madon, Town of Southold, County of Suffolk and State of New York, known and designated as Marina Lane, Summit Lane, Gus Drive, Recharge Basin and Drainage Easement as shown on Subdivision Map "Summit Estates, Section 1" filed in the Office of the Clerk of Suffolk County on November 4, 1993 as File No. 9426, Subdivision Map "Summit Estates, Section 2", filed in the Office of the Clerk of Suffolk County on May 21, 2002 as File No. 10768, and Subdivision Map "Summit Estates, Section 3" filed in the Office of the Clerk of Suffolk County on May 21, 2002 as File No. 10769, more particularly bounded and described as follows: Marina Lane BEGINNING at a point marked by a monument set on the westerly side of Shipyard Lane, said point being situate South 37 deg. 45 min. 52 sec. East 590.78 feet as measured along the westerly side of Shipyard Lane from the intersection of the southerly side of Main Road (NYS Rte. 25) and the westerly side of Shipyard Lane: RUNNING thence from said point of beginning South 37 deg. 45 min. 52 sec. East along the westerly side of Shipyard Lane 130.00 feet to Lot 4, Subdivision Map "Summit Estates, Section 1~; RUNNING thence along Lot 4, Lot 5, Lot 6, and Lot 7, Subdivision Map "Summit Estates, Section 1" the following five (5) courses and distances: 2. 3. 4. 5, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 62.83 feet, South 52 deg. 14 min. 08 sec. West 362.06 feet, On the arc of a curve to the right having a radius of 2,855.00 feet for a distance of 100.90 feet, South 54 deg. 15 min. 38 sec. West 100.17 feet, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 62.83 feet to Summit Lane; Page 2 Apdl 7, 2005 RUNNING thence North 35 deg. 44 min. 22 sec. West along the eastedy side of Summit Lane (crossing the terminus of Marina Lane) a distance of 130.00 feet to a monument set and Lot 10, Subdivision Map "Summit Estates, Section 1"; RUNNING thence along Lot 10, Lot 9, Lot 8 and Lot 3, Subdivision Map "Summit Estates, Section 1" the following five (5) courses and distances: 2. 3. 4. 5. On the arc of a curve to the left having a radius of 40.00 feet for a distance of 62.83 feet to a monument set, North 54 deg. 15 min. 38 sec. East 100.17 feet to a monument set, On the arc of a curve to the left having a radius of 2,805.00 feet for a distance of 99.14 feet to a monument set, North 52 deg. 14 min. 08 sec. East 362.06 feet to a monument set, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 62.83 feet to the westerly side of Shipyard Lane and the point or place of Beginning. Summit Lane BEGINNING at a point marked by a monument set on the northerly side of Gus Drive, said point being situate the following three (3) courses and distances as measured along the northerly side of Gus Drive from the northerly terminus of the arc of a curve connecting the northerly side of Gus Drive and the westerly side of Shipyard Lane: On the arc of a curve to the right having a radius of 40.00 feet for a distance of 62.83 feet, South 52 deg. 53 min. 48 sec. West 248.00 feet, On the arc of a curve to the left having a radius of 860.00 feet for a distance of 20.39 feet; RUNNING thence from said point of beginning along the arc of a curve to the left having a radius of 860.00 feet along the northerly side of Gus Drive for a distance of 124.33 feet to Lot 26, Subdivision Map "Summit Estates, Section 3"; RUNNING thence along Lot 26, Subdivision Map "Summit Estates, Section 3" the following two (2) courses and distances: On the arc of a curve to the left having a radius of 40.00 feet for a distance of 59.94 feet, North 42 deg. 36 min. 12 sec. West 157.50 feet to Lot 17, Subdivision Map "Summit Estates, Section 2"; Page 3 Apdl 7, 2005 RUNNING thence along Lot 17, Subdivision Map "Summit Estates, Section 2" the following three (3) courses and distances: North 42 deg. 36 min. 12 sec. West 42.50 feet, On the arc of a curve to the left having a radius of 125.00 feet for a distance of 158.17 feet, South 64 deg. 53 min. 48 sec. West 50.00 feet to a point; RUNNING thence along the arc of a curve to the dght having a radius of 170.32 feet still along Lot 17, Subdivision Map "Summit Estates, Section 2" for a distance of 35.58 feet to a monument set and Recharge Basin, SubdMsion Map "Summit Estates, Section 1"; RUNNING thence along the arc of a curve to the right having a radius of 170.32 feet along said Recharge Basin for a distance t~f 20.25 feet to a monument set and Lot 16, Subdivision Map "Summit Estates, Section 2"; RUNNING thence along Lot 16, Lot 15, 'Lot 14, Lot 13, Lot 12, Lot 11, Subdivision Map "Summit Estates, Section 2" and along Lot 10, Subdivision Map "sommit Estates, Section 1" the following six (6) courses and distances: 2. 3. 4. 5. 6. On the arc of a curve to the dght having a radius of 170.32 feet for a distance of 180.30 feet, North 35 deg. 44 min. 22 sec. West 404.01 feet to a monument set, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 34.53 feet to a monument set, On the arc of a curve to the dght having a radius of 60.00 feet for a distance of 292.08 feet, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 34.53 feet, South 35 deg. 44 min. 22 sec. East 79.01 feet to a monument set and Marina Lane; RUNNING thence South 35 deg. 44 min. 22 sec. East along the westerly terminus of Marina Lane 130.00 feet to Lot 7, Subdivision Nap "Summit Estates, Section 1"; Page zt April 7, 2005 RUNNING thence along Lot 7, Subdivision Map "Summit Estates, Section 1" and Lot 18, Subdivision Map "Summit Estates, Section 2" the following two (2) courses and distances: South 35 deg. ,H min. 22 sec. East 195.00 feet to a monument set, On the arc of a curve to the left having a radius of 120.32 feet for a distance of 166.66 feet to a monument set; RUNNING thence still along Lot 18, Lot 19, and Lot 20, Subdivision Map, "Summit Estates, Section 2" the following three (3) courses and distances: North 64 deg. 53 min. ~8 sec. East 50.00 feet to a monument set, On the arc of a curve to the right having a radius of 175.00 feet for a distance of 221.Zl4 feet, South ,t2 deg. 36 min. 12 sec. East ~,2.50 feet to Lot 25, Subdivision Map "Summit Estates, Section 3"; RUNNING thence along Lot 25, Subdivision Map "Summit Estates, Section 3" the following two (2) courses and distances: South ~,2 deg. 36 min. 12 sec. East 157.50 feet, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 59.94 feet to the northerly side of Gus Drive and the point or place of Beginning. Gus Drive BEGINNING at a point marked by a monument set on the westerly side of Shipyard Lane, said point being situate the following three (3) courses and distances as measured along the westerly side of Shipyard Lane from the westerly terminus of the arc of a curve connecting the westerly side of Shipyard Lane and the southerly side of Marina Lane: On the arc of a curve to the dght having a radius of 40.00 feet for a distance of 62.83 feet, South 37 deg. ~,5 min. 52 sec. East 103.50 feet, South 37 deg. 06 min. 12 sec. East 572.~,8 feet; RUNNING thence from said point of beginning South 37 deg. 06 min. 12 sec. East along the westerly side of Shipyard Lane 130.00 feet to Lot 35, Subdivision Map "Summit Estates, Section 3"; Page 5 April 7, 2005 RUNNING thence along Lot 35 and Lot 34, Subdivision Map "Summit Estates, Section 3", Open Space Parcel "C" Subdivision Map "Summit Estates, Section 1, Lot 33, "Summit Estates, Section 4" filed in the Office of the Clerk of Suffolk County File No. 10513, Lot 32, Lot 31, Lot 30, Lot 29, Lot 28, Lot 27, and Lot 26, Subdivision Map "Summit Estates, Section 3" the following seven (7) courses and distances: 2. 3. 4. 5. 6. 7. On the arc of a curve to the left having a radius of 40.00 feet for a distance of 62.83 feet, South 52 deg. 53 min. 48 sec. West 248.00 feet, On the arc of a curve to the left having a radius of 810.00 feet for a distance of 304.91 feet, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 36.46 feet, On the arc of a curve to the right having a radius of 60.00 feet for a distance of 291.97 feet to a monument set, On the arc Of a curve to the left having a radius of 40.00 feet for a distance of 32.81 feet to a monument set, On the arc of a curve to the right having a radius of 860.00 feet for a distance of 185.13 feet to Summit Lane; RUNNING thence on the arc of a curve to the right having a radius of 860.00 feet along the southerly terminus of Summit Lane for a distance of 124.33 feet to Lot 25, Subdivision Map "Summit Estates, Section 3"; RUNNING thence along Lot 25 and Lot 24, Subdivision Map "Summit Estates, Section 3", the following three (3) courses and distances: On the arc of a curve to the right having a radius of 860.00 feet for a distance of 20.39 feet to a monument set, North 52 deg. 53 min. 48 sec. East 248.00 feet to monument set, On the arc of a curve to the left having a radius of 40.00 feet for a distance of 62.83 feet to the westerly side of Shipyard Lane and the point or place of Beginning. Page 6 April 7, 2005 Recharge Basin BEGINNING at a point marked by a monument set on the westerly side of Summit Lane, said point being situate the following five (5) courses and distances as measured along the westerly side of Summit Lane from the westerly terminus of the arc of a curve connecting the westerly side of Summit Lane and the northerly side of Gus Drive: 2. 3. 4. 5. On the arc of a curve to the left having a radius of ~:).00 feet for a distance of 59.9~ feet, North 42 deg. 36 min. 12 sec. West 200.00 feet, On the arc of a curve to the left having a radius of 125.00 feet for a distance of 158.17 feet, South 64 deg. 53 min. 48 sec. West 50.00 feet, On the arc of a curve to the right having a radius of 170.32 feet for a distance of 35.58 feet; RUNNING thence from said point of beginning along Lot 17, Subdivision Hap "Summit Estates, Section 2" the following two (2) courses and distances: South 06 deg. 23 min. 29 sec. East 115.00 feet to a monument set~ South 76 deg. 22 min. 24 sec. East 118.03 feet to a monument set and Lot 27, Subdivision Hap "Summit Estates, Section 3"; RUNNING thence along Lot 27 and Lot 28, Subdivision Map "Summit Estates, Section 3" the following two (2) courses and distances: SOuth 20 deg. 18 min. 14 sec. West 173.64 feet to a monument set, SOuth 55 deg. 27 min. 28 sec. West 160.97 feet to a monument set and land now or formerly .lenny Schoenstein; RUNNING thence North 3~, deg. 32 min. 32 sec. West along land now or formerly 3enny Schoenstein and along land now or formerly Otto Schoenstein and .lune Schoenstein, 185.38 feet to a monument set and Lot 16, Subdivision Map "Summit Estates, Section 2"; Page 7 April 7, 2005 RUNNING thence along Lot 16, Subdivision Map "Summit Estates, Section 2" the following two (2) courses and distances: North 55 deg. 27 min. 28 sec. East 200.18 feet to a monument set, North 06 deg. 23 min. 29 sec. West 127.40 feet to a monument set and the westerly side of Summit Lane; RUNNING thence on the arc of a curve to the left having a radius of 170.32 feet along the westerly side of Summit Lane for a dibCance of 20.05 feet to Lot 17, Subdivision Map "Summit Estates, Section 2" and the point or place of Beginning. Drainage Easement BEGINNING at a point marked by a monument set on the northerly side of the turn-a-round at the westedy terminus of Gus Drive, said point being situate the following four (4) courses and distances as measured along the northerly side of Gus Drive from the northerly terminus of the arc of a curve connecting the northerly side of Gus Drive and the westedy side of Summit Lane: 2. 3. 4. On the arc of a curve to the right having a radius of 40.00 feet for a distance of 59.94 feet, On the arc of a curve to the left having a radius of 860.00 feet for a distance of 185.13 feet, On the arc of a curve to the right having a radius of 40.00 feet for a distance of 32.81 feet, On the arc of a curve to the left having a radius of 60.00 feet for a distance of 44,88 feet; RUNNING thence from said point of beginning North 54 deg. 56 min. 19 sec. West aIongLot 28, Subdivision Map "Summit Estates, Section 3" 143.88 feet to Recharge Basin, Subdivision Map "Summit Estates, Section 1"; RUNNING thence North 20 deg. 18 min. 14 sec. East along Recharge Basin, Subdivision Map "Summit Estates, Section 1" 10.34 feet to a point; RUNNING thence South 54 deg. 56 min. 19 sec. East through Lot 27, Subdivision Map "Summit Estates, Section 3" 147.35 feet to the northerly side of the turn-a-round at the westerly terminus of Gus Drive; RUNNING thence along the arc of a curve to the left having a radius of 60.00 feet along the northerly side of the turn-a-round at the westerly terminus of Gus Ddve for a distance of 10.05 feet to the monument set and the point or place of Beginning. TOWN OF SOUTHOLD: STATE OF NEW YORK COUNTY OF SUFFOLK In the Matter of the Application of GUSMAR REALTY CORPORATION, for the Laying Out of Highways at East Marion, Town of Southold, Suffolk County, New York, to be known as: "SUMMIT LANE", "MARINA LANE", "GUS DRIVE", "RECHARGE BASIN" and "DRAINAGE EASEMENT" CONSENT We, the undersigned, being a majority of the Town Board of the Town of Southold, County of Suffolk and State of New York, having duly met at a regular meeting of the said Town Board on the 16th day of August, 2005, and having duly considered the application of GUSMAR REALTY CORPORATION dated July 28, 2005, for laying out of new highways at East Marion, Town of Southold, to be known as SUMMIT LANE, MARINA LANE, and GUS DRIVE and RECHARGE BASIN and DRAINAGE EASEMENT, do hereby consent that such laying out be made in accordance with said petition. illi P. Edw s, ouncilmanl~ Thomas H. Wickham, Councilmffn Number of pages TORRENS Serial # Certificate # Prior Cfi. # Deed. Mortgage Instrument Page / Filing Fee Handling 5, 00 TP-584 Notation EA-5217 (County) EA-5217 (State) R.RTS.A. Comm. of Ed. 5. 00 Affidavit Certified Copy Reg. Copy Other ~ooo 035.00 o~.~o Ii-ooo 1038.00 I 07.00 4 ] District ~ Section I Block Real Property Tax Service Agency Verification Deed / Mortgage Tax Stamp FEES Sub Total Sub Total Grand Total I tO.OlO I 61 Satisf~fion/Disch~ges/Release List Property Owners M~ling Ad&ess RECORD & RETURN TO: MS. ELIZABETH NEVILLE, TOWN CLERK TOWN OF SOUTHOLD P.O. BOX 1179 Southold, NY 11971-0959 Recording / Filing Stamps Consideration Amount 2PF Tax Due Mortgage Amt. 1. Basic Tax 2. Additional Tax Sub Total Spec. / Assit. or Spec. / Add. TOT. MTG. TAX Dnal Town __ Dual County __ Held for Appointment __ Transfer Tax Mansion Tax The property covered by this motgage is or will be improved by a one or two family dwelling only. YES or NO If NO, see appropriate tax clause on page ~. of this instrument. 2 3 Comllluuit~ Preservation Fund $.o 0 $. Improved Vacant Land TD 81 Title Company Information Co. Name Peconic Abstract, Inc. ~e# PAC-3547 Suffolk County Recording & Endorsement Page Tbdspagefonnspa~oftheaRacbed BARGAIN AND SALE DEED madeby: (SPEcWY TYPE OF INSTRUMENT) The premisis herein is situated in GUSMAR REALTY CORP. SUFFOLK COUNTY, NEW YORK. TO In the Township of SOUTEOLD TOWN OF SOUTHOLD IntheVll.f,AGE or HAMI,I~T of ~ASa' BOXES 6 THROUGH 8 MUST BE TYPED OR PRINTF_,D IN BLACK INK ONLY PRIOR TO RECORDING OR FILING DIST. 1000 SECT. 035.00 BLOCK 08.00 LOT 005.017 005.018 DIST. 1000 SECT. 038.00 BLOCK 07.00 LOT 010.010 010.023 CONSULT YOUR LAWYER BEFORE SIGNING THIS I~TRUMENT · THIS INSTRUMENT SHOULD SE USED BY LAWYERS ONLY THIS INDENTURE, made the BETWEEN da5; of GUSMAR REALTY CORP., residing at a domestic corporation, with offices located at 13-15 3 7th Avenue, Long Island City, NY 11101 party of the first part, and 53095 TOWN OF SOUTHOLD, Southold Town Hall,/~'~f~ Main Road, Southold, NY 11971 party of 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 SEE ANNEXED LEGAL DESCRIPTION)MADE PART HEREOF SAID PREMISES being part oi'the premises described in the deed to the grantor recorded in Liber l1955 page 460,, and Liber 9976, Page 456. THIS CONVEYANCE is made by the party of the first part during the normal course of business and with the unanimous written consent of the shareholders of Gusmar Realty Corporation. TOGETHER with all right, title and interest, if any, of the party of the first part 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 encumbered in any way whatever, except es 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. IN PRESENCE OF: GUSMAR REALTY CORPORATION By: · PANTJ~I,~I~ FAklRI~, PRESIDENT State of New York, County of ~)~,..3 ~o..~.'x , } ss.: Ou thc Z(~day of"-X~k ' 2005 before m~, the undersignS, personally appeaJ'ed in thc year Pantelis Fakiris pe~ona~y knowu to me or proved to me on thc basis of satisfacm~ cvideuce ~ be the individual(s) whose nmne(s) is (a~) within instrument and.acknowledged to me that he/she/they executed the same in hi.a/her/their capacity(les), and that by his/hex/their signature(s) on the instrument, the individual(s), or the person upon behaif of which the individual(s) acted, executed the instrument. Mlt~s.s~ MOUn.~O NOTARY Iq~i, lC ~rA'rE OF NEW YOP..K NO. 01M0(~430 (N~ ~ $.~c~ Wtt~,~s A~d~ C~.~¢~e~ Stale of New York, Cou~ly o~ ] ss.: On the day of in thc year before me, the undersigned, personally appeared the subscribing witne.%s m the foregoing instrument, with whom I personally acquainted, who, being by me duly sworn, did dqxx~ and say that he/she/they reside(s) in ( ~f the place of residence iv itt a city, include the street and street number, ~fany, there(J); that he/she/they know(s) to bc thc individual dc,~ribed in and who executed the foregoing instrumcut; that said sul~scribing witu~s was present and saw said execute the same; and that said wi. mess at the same time subscribed · his/her/their name(s) as a witness thexeto. State or New York, County of } ss.: On Ibc day of in thc year before me, the undersigned, personally appeared personally known to me or proved to me on the basis of safisfactor~ evidence to be the individual(s) whose name(s) is (am) sub~ribe, xl to thc within instrument and acknowledged to me tha~ he/she/they executed the same in hi.qher/their capacity(les), and that by his/her/their signature(s) on the insWament, the individual(s), or thc person upon behaif of which thc individual(s) acted, executed the instrument. 'ACKNOWLEDGMENT FORM FOR USE OUTSIDE NEW YORK STATE ONLY: {Out of State or Foreign General Acknowledgment Cen~k'ate] (Complete Venue with State. Count~.. Pn~vince or Municipalio,) ~ ~e day of in ~e ye~ ~fom ~, ~e undertoW, ~n~y ap~ ~na~y ~own to ~ or ~ov~ to me on ~e b~ of safisf~tu~ e~dence ~ ~ ~e individu~(s) w~ n~(s) is (~) sub~ tu ~e ~ ins~mant and ac~owl~g~ to me ~at h~sh&~ey ex~ut~ · e s~ in hi~/~eir ~pacity(i~), ~at by hi~/~eff si~am~(s) on ~e ~s~menh ~e ~dividual(s), or ~e ~on u~n ~h~ of w~ch · e individual(s) ac~, ex~ut~ ~e ~s~menh ~d ~at such individu~ made snch appear~mcc ~fo~ ~e undc~ign~ in ~e (In~'ert lite city or other political subdivL~ion and lite stale or country or other place the acknowledgment wa~v taken). ~T~NO. BARGAIN & SALE DEED G~SMAR REALTY CORPORATION TO TOWN OF SOUTHOLD FIDELITY NATIONAL TITLE INSURANCE OCOMPANY OF NEW YORK 'o,~ ~[., Fidelity .~f'~,,' DISTRICT 1000 SECTION~ 38-7-10.10, 38-7-10.23, BLOCK / 35-8-5.18, 35-8-5.17 LOT /' COUNTY OR TOWN Suffolk/Southold ~CO~£D ,~T ~.O. u~_sr o.~ Fidelity National Title Insurance Company of New York RE'FURN BY MAII, TO SOUTHOLD TOWN CLERK SOUTHOLD TOWN HALL PO BOX 1179, MAIN ROAD SOUTHOLD, NY 11971 O Peconic Bay Region Community preservation Fund East Hampton 03 Riverhead 06 Shelter Island 07 Southampton 09 Southold 10 Schedule A - Information Relating to Conveyance Please print or type [] Individual Name (tftndlvidual. last. first, middle initial) Social Security Number [] Corporation Gusmar Realty Corporation [ I [] Partnership [] Other Mailing address Social Security Number 13-15 3?th Avenue I I City State ZIP code Federal employer ident. Number Longlsland City NY 11101 Grantee [] Individual Name (if individual, lastfirsL middle initial) Social Security Number [] Corporation Town of Southold I I [] Partnership [] Other Mailing address Social Security Number No # Main Road I I City State ZIP code Federal employer ident Number Southold NY 11971 Location and description of property conveyed Section [ Block ~ Lo ~Summit Marina Lanes,~sDr,& Reeh~e Bas ~--~ast Marion - South--' ~ffo k ........ ~.17 & 5.18 Type of properly conv~yed do~c2 opplic~bl~ ~ Improved ~ Vacant land Condition of conveyance (check all that a~ply) Date of conveyance I t 120oq month day year a [] Conveyance of Ibc interest b [] Acquisition ora controlling interest (state ~r percentage acquired %) c[] Transfer ora controlling interest (state percentage i transferred %) df[] Conveyance to cooperative housing corporation e [] Conveyance pursuant to or in lieu of foreclosure or enforcement of security interest Date 9f ct~tract Dual Towns: ] .~,/~/~t. 120051 East Marion month day year f ~ Conveyance which consists of a mere change of identity or form of ownership or organization g [] Conveyance for which credit for tax previously paid will be claimed h Fl Conveyance of cooperative apartment(s) i [] Syndication j [] Conveyance or air rights or development rights Southgld k I'-I Contract assignment I [] Option ~ssignment of surrender m [] Leasehold assignment orsurrender n F'I Leasehold grant o [] Conveyance of an easement p f-[ Conveyance for which exemption from is claimed (complet~ Schedule B. Part 11) q [] Conveyance of property partly within and partly without the state lchedule B - Community Preservation Fund r 1~ Other (describe)Road Dedication Part 1 - Computation of Tax Due lEnteram°unt°fc°nsiderati°rlf°rthec°nveyanceOer°mlinelTP'584ScheduleB) ................................................ Iii 2 Allowance (see below) ................................................................................................................................. 3 Taxable consideration (subtract line 2from h'ne 1) ......................................................................................... 4 2% Community Preservation Fund (of line 3) make certified check payable to SUFFOLK COUNTY CLERK 5 Property not subject to CPF Tax (See Part II) ................................................................................................. [] (o oo) 0 00 For recording ....... officer's [[~'~ ............................................................................................ Amount received ~5;iY~-i~-c-e~ .................................. Yi:~'~i-G~-n~e-T .......................... AHowance: East Hampton Shelter Island Southampton Riverhead $250,000.00 lmproved $250,000.00 Improved $250,000.00 Improved $150,000.00 Improved $100,000.00 Vacant Land (Unimproved) $I00,000.00 Vacant Land (Unimproved) $100,000.00 Vacant Land (Unimproved) $?5,ooo.oo Vacant Land (Unimproved) Southold $150 000.00 lm roved [ $75 000.00 Vacant Land (Unimproved ~ P ) ............................... k 12-0213.. 2199 ISchedule B - (continued) ] Part II -Explanation of Exemption Claimed in Part I, line 5 (check any boxes that apply) The conveyance of real property is exempt from the real estate transfer tax for the following reason: a. Conveyance is to the United Nations, the United States of America, the state of New York or any of their instrumentalities, agencies or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact with another slate or Canada) ......................................................................................................................................................................................... a b. Conveyance is to secure a debt or other obligation ................................................................................................................................... b [] c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance ..................................... c [] d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fide gifrs ..................................................................................................................................................................................................... d [] e. Conveyance is given in connection with a tax sale ................................................................................................................................... e [] £ Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) .............................................................................................................................................................................. f [] g. Conveyance consists of deed of partition .................................................................................................................................................. g [] h. Conveyance is given pursuant to the federal bankruptcy act .................................................................................................................... h [] i. Conveyance consists of the execution of a contract to sell real property without the use or occupancy of such property or the granting of an option to purchase real property without the use or occupancy of such property .................................................................................. i [] j. Conveyance of real property which is subject to restrictions which prohibit the use of the entire property for any purposes except agriculture, recreation or conservation, pursuant to Section 1449-ee (2) O) or (k) of Article 3 I-D of the Tax Law (See required Town approval, below) k. Conveyance of real property for open space, parks, or historic preservation purposes to any not-for-profit tax exempt corporation operated for conservation, environmental, or historic preservation purposes ............................................................................................ k [] 1. Other -- list explanations in space below (Grandfather/Contract) .............................................................................................................. I [] m. The conveyance is approved for an exemption from the Community Preservation Transfer Tax, under Section 1449-ee of Article 31-D of the Tax law (seej in Schedule C) ........................................................................................................................................................ m [] Penalties and Interest Penalties Any grantor or grantee failing to file a return or to pay any tax within the time required shall he subject to penalty of 10% of the amount of tax due plus an interest penalty of 2% of such amount for each month of delay or fraction thereof aRer the expiration of the first month a~er suuh return was required to be filed or the tax became doe. However, the interest penalty shall not exceed 25% in the aggregate. Interest Daily compounded interest will be charged on the amount of the tax due not paid with the time required. *****By signing the following, the buyer and seller further represent and attest to the fact that for property lying within Southold Town, a validly executed contract was in effect prior to March 1, 1999 and that for all other towns subject at the CPF tax, a validly executed contract was in effect prior to April 1, 1999. Seller Buyer The undersigned certify that the above return, including any certification, schedule or attachment, is to the best of his/her knowledge, tree and complete. Signature (both the grantor(s) and grantee(s) most sign). - ~Graq~tor - TOWN ~ ~UTHOLD Title' /' ' Grantee Joshua Y. Horton Supervisor Title INSTRUCTIONS: http://www.orps.state.ny.us or PHONE (518) 473-7222 FOR COUNTY USE ONLY I ~ Cl. SWIS Code I ~ ~ ~ ~ ~ I REAL PROPERTY TRANSFER REPORT STATE OF NEW YORK C2. Date Deed Recorded I Month / Day / Year I STATE BOARD OF REAL PROPERTY SERVICES RP - 5217 C3, Book I ~ ~ ~ ~ I C4. Page I I I I I ~-sn? ce, ~w PROPERTY INFORMATION I I~,Summit, & Marina La.,Gus Dr. & Recharge Basin I East Marion I Town of Southold I 11971 2. Buyer C~P~ OR TOWN VILLAGE Zip CODE I TOWN OF SOUTHOLD I LAST NAME / COMPANY E~RST NAME LAST NAME / COMPANY FIRST NAME Indicat~ where f~ture Tax Bills are to be sent if other than buyer address (at bottom of form) I I 3. Tax Billing Address L~ST NAME / COMPANY FIRST NAME ~PCODE 4. Indicate the number of Assessment Roll parcels transferred on the deed 41 #of Parcels OR ~ Part of a Parcel (Only if Part of a Parcel) Che~k as they apply: 4A Planning Board with Subdivision Authority Ex/etas [] 5. Deed Property Size 6. Seller Name ( approx ) Jxl Ionl , 4 FRONT FEET DEPTH ACRES GUSMAR REALTY CORPORATION 4B. Subdivision Approval was Required for Transfer [] 0 I 4C. Parcel Approved for Subdivision with Map Provided [] LASTNAME/COMPANY I I FIRST NAME I LAST NAME / COMPANY I FIRST NAME 7. Check the box below which most accurately describes the use of the property et the time of sale: B ~ 2 or 3 Family Residential Commercial Industrial C ~=~ Residential Vacant Land Apartment Pubric Service D LJ Non-Residential Vacant Land Entertainment / Amusement Forest I SALE INFORMATION I 11. Sale Contract Date I Month ~ Da~ ' Year 12. Date of Sale / Transfer / / 051 Month Day Year 13. Full Sale Price I I I s t t I I I 0, 0 I 0 I (FuEl Sale Price is the total amount paid for the property including personal property. This payment may be in the form of cash, other property or goods, or the assumption of mortgages or other obligations.) P/ease round to the nearest whole dollar amount. 14.1ndicate the value of parsonal I , r , , , ,~ , 0 , 0 I ASSESSMENT INFORMATION - Data should reflect the latest Final Assessment Roll and Tax Bill ~ 16.whichYear ofinformationASSessment Rog__from I ~:~]~ 17. Total Assessed Value (of all parcels in t~ansfer) I teke,~ 92 & 821 #2 Oyster Ponds Check the boxes below as they apply: 8. Ovvnershlp Type is Condominium [] 9. New Construction on Vacant Land [] 10A. Property Located within an AgdcuRural District [] 10B. Buyer received a disclosure notice indicating that ~e property is in an Agdcult~ral Distdct [] 15. Chad[ one or more of the~e conditions as applfr, able to transfer: A Sale Between Relatives or Former Relatives B Sale Between Related Companies or Pa~ners in Business C One of the Buyers is also a Seller D Buyer or SelJer is Government Agency or Lending Institution Deed Type not Warranty or Bargain and Sale (Specify Below) F Sale of Fractional or Less than Fee Interest (Specify Below) Significant Change in ProperW Between Taxable Status and Sale Dates Sale of Business is Included in Sale Price ! Other Unusual Factors Affecting Sale Price (Specify Below) None ROAD DEDICATION TO MUNICIPALITY ,4. 0.0 I 20. Tax Map Identifier(s) / Roll Identifier(s) (if more than four, attach sheet with addi~onal identifle~(s)) L 1 000-38-7-10.1 0 J I35-8-5.17 1000-38-7-10.23 35-8-5.1 8 .I CERTIFICATION I I certify that ag of the items of information en~red on IflJs form are I~ue and correct (to the best of my knowledge and beget) and I undersba~ g~at the m~ktng~ of any ~ false statement of material fact herein will subject me to the provIMom of the pemd law relative to 1he making and fllln~ of false instruments. BUYER By: _ 53~5 I Main Road Southold CrTY OR TOWN STATE SELLER I NY I 11971-095C. BUYER'S AI-rORNEY Patricia A. LASTNAME 631 I FIRST NAME 765-1939 AREACODE TELEPHONE NUMBER I NEW YORK STATE COPY P-584 (11/04) New York State Department of Taxation and Finance Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate, and Certification of Exemption from the Payment of Estimated Personal Income Tax Recording office time stamp See Form TP-584-1, Instructions for Form TP-584, before completing this form Please print or type Schedule A - Information Relating to Conveyance Grantor/Transferor Name (/findividual, last first, middle initial) Social security number [] Individual Gusmar Realty Corporation I [] Corporation Mailing address Social security number [] Partnership 13-15 37th Avenue [ I [] Estata/Tmst City State ZIP code Federal employer idem, Number [] Other Longlsland City NY 11101 4 Grantee/Transferee Name (if individual, last. first, middle initial) Social security number [] Individual Town of Southold I [] Corporation Mailing address Social security number [] Partnership No # Main Road I I [] Estate/Trust City State ZIP code Federal employer ident. Number [] Other Southold NY 11971 Location and description of property conveyed Tax Mal~ Designation [ Address ~ C~_~vfll~.~.e. i~-_L~3~ii~i?~7-..i~2~3~iiii~i' Section .... _Bl__ock [ Lo~t~___4 ll~llgSummit,Marina La,_nes,GusDr.,& Recharge .[ East Marion Southold Suffolk ................................................. ~ ~ ................................... · ............................... ; ................................ Type of property conveyed (check applicable box) 1. [] one- to three family house 5. [] Commercial/Industrial Date of conve;/ance 2. [] Residential cooperative 6. [] Apartment building I ~[200~ 3. [] Residential Condominium 7. [] Office building month day year 4. [] Vacant land 8. [] Other Roads Percentage of real property conveyed which is residential real property 100% (see instructions) Condition of conveyance (check all that apply) a. [] Conveyance of fee interest £ [] b.[] Acquisition of a controlling interest (state percentage acquired __%) c.[-I Transfer of a controlling interest (stata percentage transferred %) g' [] d. [] Conveyance to cooperative housing corporation h. [] e. [] Conveyance pursuant to or in lieu of foreclosure or enforcement of security interest (attach Form TP-584.1, Schedule i. [] E) j.[~ Conveyance which consists of a k. [] Contract assignment mere change of identity or form of I. [] Option assignment or surrender ownership or organization (attach FormTP-584. l, ScheduleF) m. I'-] Leasehold assignment or surrender Conveyance for which credit for tax n. [] Leasehold grant previously paid will be claimed o. [] Conveyance of an easement (attach Form TP-584, 1 Schedule G) p. [] Conveyance for which exemption from Conveyance of cooperative transfer tax claimed (complete Schedule apartment(s) Part 1113 Syndication q. [] Conveyance of property partly within and Conveyance of air rights or partly without the state development rights r. []]Other (describe) Road Ded£¢at~.on -P3-;'/.3-Z37h73~j'73$~ 7 TG2 ............ ["'~Sii"iii"i~'a'~TYTii' ................................................................................................................... Date received F"'Tfi ~i~'8~' ~T}" ......................... ] ~chcdule B., Pm 1 $ , ] Schedule B., P~ II $ i Page 2 of 2 TP-584 (11/04) Schedule B - Real estate transfer tax return (Tax Law, Article 31) Part I - Computation of tax due 1. Enter mount of consideration for the conveyance (if you are claiming a total exemption.from tax, check the exemption claimed box, enter consideration and proceed to Part Ill,) ................................ [] Exemption claimed 2. C~ntinuing~iendeducti~n(seetn~tructi~n~(f~ar~per~yistaken~ub~ectt~m~rtgage~rlien) .................................... 3. Taxable consideration (subtract line 2from line 1) ......................................................................................... 4. Tax: $2 for each $500, or fractional part thereof, of consideration on line 3 .......................................... 5. Amount of credit claimed (see in~truction* and attach Form ?'P-584. l, $chedule G) ............................................. 6. Total tax due * (*ubtract line 5from line 4) .................................................................................................... 1. 0O0 2. 0O0 3. 0O0 4. 0O0 5. 0O0 6. 0O0 Part II -Computation of additional tax due on the conveyance of residential real property for $1 million or more 1. Enter amount of consideration for conveyance (from ?art 1, line 1) ............................................................ 2. Taxable consideration (multiply line I by the percentage of the premises which is residential reat proper~y as shown in Schedule A)... 3. Total additional transfer tax due (multiply hne 2 by 1% ~0l)) ...................................................................... Part III -Explanation of exemption claimed on Part I, line 1 (check any boxes that apply.) The conveyance of mai property is exempt from the real estate transfer tax for the following reason: a. Conveyance is to the United Nations, the United States of America, the state of New York or any of their instrumentalities, agencies, or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact with another state or Canada) ............................................................................ a [] b. Conveyance is to secure a debt or other obligation ............................................................................................................... b [] c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance ................ c [] d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fide gifts ........................................................................................................................................ d [] e. Conveyance is given in connection with a tax sale ............................................................................................................... e [] f. Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) Attach Form TP-584.1, Schedule F ....................................... f [] g. Conveyance consists of deed of partition ............................................................................................................................... g [] h. Conveyance is given pursuant to the federal Bankruptcy Act .............................................................................................. h [] i. Conveyance consists of the execution of a contract to sell real property, without the use or occupancy of such properly, or the granting of an option to purchase real property, without the use or occupancy of such property ................ i [] j. Conveyance of an option or contract to purchase real property with the use or occupancy of such property where the consideration is less than $200,000 and such property was used solely by the grantor as the grantor's personal residence and consists of a one-, two-, or three-family house, an individual residential condominium unit, or the sale of stock in a cooperative housing corporation in connection with the grant or transfer of a proprietary leasehold covering an individual residential cooperative apartment ..................................................................................................... j [] k. Conveyance is not a conveyance within the meaning of Tax Law, Article 31, Section 1401(e) (attach documents supporting such claim) ......................................................................................................................................................... k [] I. Other (attach explanation) ...................................................................................................................................................... I [] *Please make check(s) payable to the county clerk where the recording is to take place. If the recording is to take place in New York City, make check(s) payable to the NYC Department of Finance. If a recording is not required, send this return and your check(s) made payable to the NY$ Department of Taxation and Finance, directly to the NYS Tax Department, RETT Return Processing, PO Box 5045, Albany NY 12205-5045. Page 3 of 3 TP-584 (11/04) Schedule C - Credit Line Mortgage Certificate (Tax Law, Article 11) ] Complete the following only if the interest being transferred is a fee simple interest. I (we) certify that: (check the appropriate box) 1. [] The real property being sold or transferred is not subject to an outstanding credit line mortgage. 2. [] The real property being sold or transferred is subject to an outstanding credit line mortgage. However, an exemption from thc tax is claimed for the following reason: [] The transfer of real property is a transfer of a fee simple interest to a person or persons who held a fee simple interest in the real propeay (whether as a joint tcnam, a tenant in common or otherwise) immediately before the transfer. [] The transfer of real properV/is (A) to a person or persons related by blood, marriage or adoption to the original obligor or to one or more of the original obligors or (B) to a person or entity where 50% or more of the beneficial interest in such real property a~er the transfer is held by the transferor or such related person or persons (as in the case of a transfer to a trustee for the benefit of a minor or the transfer to a trust for the benefit of the transferor). The transfer of real property is a transfer to a trustee in bankruptcy, a receiver, assignee, or other officer of a court. The maximum principal amount secured by the credit line mortgage is $3,000,000 or more and the real property being sold or transferred is not principally improved nor will it be improved by a one- to six-family owner-occupied residence or dwelling. PLEASE NOTE: for purposes of determining whether the maximum principal amount secured is $3,000,000 or more as described above, the amounts secured by two or more credit line mortgages may be aggregated under certain circumstances. See TSB-M-96(6)-R for more information regarding these aggregation requirements. [] Other (at~ach detailed explanation). 3. [] The real property being transferred is presently subject to an outstanding credit line mortgage. However, no tax is due for the following reason: [] A certificate of discharge of the credit line mortgage is being offered at the time of recording the deed. [] A check has been drawn payable for transmission to the credit line mortgagee or his agent for the balance due, and a satisfaction of such mortgage will be recorded as soon as it is available. 4. [] The real property being transferred is subject to an outstanding credit line mortgage recorded in __ (insert liber and page or reel or other identification of the mortgage). The maximum principal amount of debt or obligation secured by the mortgage is __. No exemption from tax is claimed and the tax of is being paid herewith. (Make check payable to county clerk where deed will be recorded or, if the recording is to take place in New York City, make check payable to the NYC Department of Finance.) ISignature (both the grantor(s) and grantee(s) must sign). The undersigned certify that the above information contained in schedules A, B, and C, including any return, certification, schedule, or attaclunent, is to the best Of his/her knowledge, true and complete. Pamelis Faga'ris, Presiden~t, Grantor~gnature Title ' f~ Tow~n_ of{5~u~ld~'Grantee signature Title Joshua Y. Horton , Grantor signature Title , Grantee signature Title Reminder: Did you complete all of the required Information in Schedules A, B and C? Aree you required to complete Schedule D? If you checked e, for g In Schedule A, did you complete TP-584.1 ? Have you attached your check(s) made payable to the county clerk where recording will take place or, If the recording Is In New York City, to the NYC Department of Finance? If no recording is required, send your check(s), made payable to the Department of Ttrvation and Finance, directly to the NYS Tax Department, RETT Return Processing, Albany NY 12205-5045. Supervisor Page 4 of 4 TP-584 (11/04) Schedule D - Certification of exemption from the payment of estimated personal income tax (Tax Law, Article 22, section 663) Complete the following only if a fee simple interest or a cooperative unit is being transferred by an individual or estate or trust. Part I - New York State residents If you arc a New York State resident transferor(s)/seller(s) listed in Schedule A of Form TP-584 (or an attachment to Form TP-584), you must sign the certification below. If one or more transferors/sellers of the real property or cooperative unit is a resident of New York State, each resident transferor/seller must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as many schedules as necessary to accommodate all resident transferors/sellers. Certification of resident transferor(s)/seller(s) This is to certify that at the time of the sale or transfer of the real property or cooperative unit, the transferor(s)/seller(s) as signed below was a resident of New York State, and therefore is not required to pay estimated personal income tax under Tax Law, section 663(a) upon the sale or transfer of this real property or cooperative unit. F-~l~a~ure-- ...... N/A .............. ~'- '-PrtZ~t fii---~l nam----¥'- ~-l~a-- ~ Corporation Signature ~ Print full n~ne ~-i ......................................... Date NOTE: A resident of New York State may still be required to pay estimated tax under section 685(c), but not as a condition of recording a deed. Part II -Nonresidents of New York State If you are a nonresident of New York State listed as a transferor/seller in Schedule A of Form TP-584 (or an attachment to Form TP-584) but are not required to pay estimated personal income tax because one of the exemptions below applies under Tax Law, section 663(c), check the box of the appropriate exemption below. If any one of the exemptions below applies to the transferor(s)/seller(s), that transferor(s)/seller(s) is not required to pay estimated personal income tax to New York State under Tax Law, section 663. Each nonresident transferor/seller who qualifies under one of the exemptions below must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as may schedules as necessary to accommodate all nonresident transferors/sellers. If none of these exemption statements apply, you must complete Form IT-2663, Nonresident Real Property Estimated Income Tax Payment Form, or Form IT-2664, Nonresident Cooperative Unit Estimated Income Tax Payment Form. For more information, see Payment of estimated personal income tax, on page I of Form TP-584-1. Exemption for nonresident transferor(s)/seller(s) This is to certify that at the time of the sale or transfer of the real property, the transferor(s)/seller(s) (grantor) of this real property or cooperative unit was a nonresident of New York State, but is not required to pay estimated personal income tax under Tax Law, section 663 due to one of the following exemptions: [] The real property or cooperative unit being sold or transferred qualifies in total as used exclusively as the transferor's/seller's principal residence (within the meaning of Internal Revenue Code, section 121 ) from __ to __ (see instructions). [] The transferor/seller is a mortgagor conveying the mortgaged property to a mortgagee in foreclosure, or in lieu of foreclosure with no additional consideration. [] The transferor or transferee is an agency or authority of the United States of America, an agency or authority of the sate of New York, the Federal National Mortgage Association, the Federal Nome Loan Mortgage Corporation, the Government National Mortgage Association, or a private mortgage insurance company. ] - ~i~U~ P~ i'ul/~ ~-Dat~e S~gnature i Print full name I Date I Signature i Print full name Date Signature ~ Print full name Date PECONIC ABSTRACT, INC. FIRST A.M~RICAN TITLE IIV~URAIV'CE COMPANY OF I~,W YORK P.O. BOX 1267 405 OSTRANDER AVENUE RIVERHEAD, NY 11901-0902 {631) 369-0222 Fax: {631) 369-4020 July 5, 2005 Office of the Town Attorney Town of Southold Attn: Kiernan M. Corcoren (Donna Geraghty) Town Hall Annex 54375 Route 25, P.O. Box 1179 Southold, NY 11971-0959 Tel. 631.765-1939 Re: Title No. PAC-3547 Summit Estates Dear Ms. Corcoran: Enclosed herewith, please find the amended Dedication Search with description requested and the following: 1) Changing Chios Lane to Summit Lane 2) Adding Gus Drive 3) Referencing Sections 1, 2 and 3, not merely Section 1 4) Amending Source of Title to be Liber 9976 page 456 and Liber 11955 page 460 5) Attaching all current Tax Searches 6) Adding the Suffolk County Tax Map Number to the Search 7) Declaration in Liber 11271 page 441 is stamped "Legibility Poor". perhaps you can obtain the Original recorded Document from Gusmar Realty Corp. This is the best copy the Clerk can give us. JA/mv End. Any further assistance on this matter, please feel free to contact the undersigned. !, [i [.: JUL -7 200 PAC- 3547 DEDICATION SEARCH PECONIC ABSTRACT, INC. HEREBY CERTIFIES TO THE TOWN BOARD OF THE TOWN OF $OUTHOLD TEAT IS EAS SEARCHED THE RECORDS OF THE CLERK OF THE COUNTY OF SUFFOLK TO DETERMINE THE OWNER OF RECORD AND THE PERSON (S)WHO MAY DEDICATE MARINA LANE, SU~4~IT LANE, GUS DRIVE, THE RECHARGE BASIN AND THE DRAINAGE EASEHENT AREAS WHICH LIE WITHIN THE MAP OF SU~4~IT ESTATES AT EAST MARION, SECTIONS 1,2 AND 3 A/k/a 1000-035.00-08.00-005. 017 (RECEARGE BASIN)lO00-035.00- 08.00-005. 018 (MARINA LANE)lO00-038.00-07.00-010.010 (SUMMIT LANE) AND 1000-038.00-07.00-010. 023 (GUS DRIVE) AND THE FOLLOWING EAS BEEN FOUND OF RECORD. OWNER: GUSMAR REALTY CORP. BY A DEED DATED 1/6/86, RECORDED 2/10/86 IN LIBER 9976 PAGE 456AND BY A DEED DATED 9/19/95, RECORDED 4/3/99 IN LIBER 11955 PAGE 460 (COVERS PREMISES ANDMORE) MORTGAGES: NONE OF RECORD OTHER LIENS: NONE OF RECORD TAXES ..... HEREIN THE LIABILITY OF THIS COMPANY IS LIMITED TO $1,000.00 FOR ANY REASON. DATED: 7/5/2005 Bi, ABSTRACT. INC. 104 Edwards Ave. Calverton, NY 11933 COUNTY: SUFFOLK Sunrise Research Corp. TITLE: PECO PAC354TA 631-727-1308 Fax: 631-727-1309 PAGE 1 OF 1 The unpaid taxes, water rates, assessments and other matters relating to taxes which are properly filed and indexed liens at the date of this search are set forth below. Our policy does not insure against such items which have not become a lien up tothe date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut. If the tax lots reported cover more or less than the premises under examination, this fact will be noted herein. In such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. Ass'd To: GUSMAR REALTY CORP Premises: 215 CHIOS LA Tax Class: 821 School Dis: 473802 Town/City: TOWN OF SOUTHOLD Village: District: 1000 Acct. No.: District: Section: 035.00 Acreage: 1.11 Section: Block: 08.00 Land: $100.00 Block: Lot(s): 005.017 Total: $100.00 Lot(s): Exemp: Exemp: Search Date: 6/21/2005 SOUTHOLD (NOT INC) Land: Total: 2004/2005 Town/School TAX Full Payment $61.96 1st Payment $30.98 Paid 2nd Payment $30.98 Paid 3/18/2005 3/18/2005 Year: 12/1-11/30 Lien: 12/1 Due: 12/1, 5/1 PRIOR TOWN AND SCHOOL TAXES PAID. WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. TAXES SUBJECT TO CONTINUATION PRIOR TO CLOSING Recent payments of any open items returned on this tax search may not be reflected on the public records. Therefore please request the seller or borrower to have thc receipted bills available at closing. 104 Edwards Ave. Calverton, NY 11933 COUNTY: SUFFOLK Sunrise Research Corp. TITLE: PECO PAC354TB 631-727-1308 Fax:631-727-1309 PAGEIOF1 The unpaid taxes, water rates, assessments and other matters relating to taxes which are properly filed and indexed liens at the date of this search are set forth below. Our policy does not insure against such items which have not become a lien up tothe date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut. If the tax lots reported cover more or less than the premises under examination, this fact will be noted herein. In such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. Ass'd To: GUSMAR REALTY CORP Premises: CHIOS & MARINA LA Tax Class: 692 School Dis: 473802 Town/City: TOWN OF SOUTHOLD Village: District: 1000 Acct. No.: District: Section: 035.00 Acreage: 1.91 Section: Block: 08.00 Land: $100.00 Block: Lot(s): 005.018 Total: $100.00 Lot(s): Exemp: Exemp: Search Date: 6/21/2005 SOUTHOLD (NOT INC) Land: Total: 2004/2005 Town/School TAX Full Payment $61.96 1st Payment $30.98 Paid 3/18/2005 2nd Payment $30.98 Paid 3/18/2005 Year: 12/1-11/30 Lien: 12/1 Due: 12/1, 5/1 PRIOR TOWN AND SCHOOL TAXES PAID. WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. TAXES SUBJECT TO CONTINUATION PRIOR TO CLOSING Recent payments of any open items returned on this tax search may not be reflected on the public records. Therefore please request the seller or borrower to have the receipted bills available at closing. 104 Edwards Ave. Calverton, NY 11933 COUNTY: SUFFOLK Sunrise Research Corp. TITLE: PECO PAC354T4 631-727-1308 Fax: 631-727-1309 PAGE 1 OF 1 The unpaid taxes, water rates, assessments and other matters relating to taxes which are properly filed and indexed liens at the date of this search are set forth below. Our policy does not insure against such items which have not become a lien up tothe date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut, If the tax lots reported cover more or less than the premises under examination, this fact will be noted herein. In such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. Ass'd To: GUSMAR REALTY CORP. Premises: SUMMIT LANE Tax Class: 692 School Dis: 2 Town/City: TOWN OF SOUTHOLD Village: SOUTHOLD (NOT INC) District: 1000 Acct. No.: District: Section: 038.00 Acreage: .32 Section: Block: 07.00 Land: $100.00 Block: Land: Lot(s): 010.010 Total: $100.00 Lot(s): Total: Exemp: Exemp: Search Date: 6/21/2005 2004/2005 Town/School TAX Full Payment $61.96 1st Payment $30.98 Paid 3/18/2005 2nd Payment $30.98 Paid 3/18/2005 Year: 12/1-11/30 Lien: 12/1 Due: 12/1, 5/1 PRIOR TOWN AND SCHOOL TAXES PAID. WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. TAXES SUBJECT TO CONTINUATION PRIOR TO CLOSING Recent payments of any open items returned on this tax search may not be reflected on the public records. Therefore please request the seller or borrower to have the receipted bills available at closing. 104 Edwards Ave. Calverton, NY 11933 COUNTY: SUFFOLK Sunrise Research Corp. TITLE: PECO PAC354TC 631-727-1308 Fax:631-727-1309 PAGE1OF1 The unpaid taxes, water rates, assessments and other matters relating to taxes which are properly filed and indexed liens at the date of this search are set forth below. Our policy does not insure against such items which have not become a lien up tothe date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut. If the tax lots reported cover more or less than the premises under examination, this fact will be noted herein. In such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. Ass'd To: GUSMAR REALTY CORP. Premises: GUS DRIVE Tax Class: 311 School Dis: 2 Town/City: TOWN OF SOUTHOLD Village: District: 1000 Acct. No.: District: Section: 038.00 Acreage: 1.230 Section: Block: 07.00 Land: $100.00 Block: Lot(s): 010.023 Total: $100.00 Lot(s): Exemp: Exemp: Search Date: 6/21/2005 SOUTHOLD (NOT INC) Land: Total: 2004/2005 Town/School TAX Full Payment $61.96 1st Payment $30.98 Paid 2nd Payment $30.98 Paid 3/z8/2oo5 3/i8/2oo5 Year: 12/1-11/30 Lien: 12/1 Due: 12/1, 5/1 PRIOR TOWN AND SCHOOL TAXES PAID. WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. TAXES SUBJECT TO CONTINUATION PRIOR TO CLOSING Recent payments of any open items returned on this tax search may not be reflected on the public records. Therefore please request the seller or borrower to have the receipted bills available at closing. SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DEDICATION & RELEASE Number of Pages: 10 Receipt NLunber : 05-0088698 TRANSFER TAX NUMBER: 05-03643 District: 1000 Deed Amount: Recorded: At: LIBER: PAGE: Section: Block: 035.00 08.00 EXAMINED AND CHARGED AS FOLLOWS $0.00 08/24/2005 10:46:24 ~ D00012405 474 Lot: 005.017 Received the Following Fees For Above Instrument Exempt Page/Filing $30.00 NO Handling COE $5.00 NO NYS SRCHG TP-584 $0.00 NO Cert.Copies RPT $110.00 NO SCTM Transfer tax $0.00 NO Cormn. Pres Fees Paid TRANSFER TAX NUMBER: 05-03643 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL $5.00 $15.00 $12.50 $0.00 $0.00 $177.50 Exempt NO NO NO NO NO Edward P.Romaine County Clerk, Suffolk County WCB15 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT~THIS INSTRUMENT SHOULD I! USED BY LAWYIRS ONLY. Title No. We, the undersigned, being all of the shareholders of GUSMAR REALTY (2ORP. do hereby consent to the ~ hy the corporation of the premises known as Chios Lane, Sunm~t Lane, Marina Lane and Recarge Basin. on such terms as the board of directors of the corporation ma)' determine. Dated: ~ {"2--'~ )fiji 2005 SHAREHOL?~,~ ...... ...................... .................... STATE OF NEW YORK COUNTY OF On the F~ day of Pantelis SS.: 2005 ~ , before me came to me known and koown to me to b~ the indivdoals described in and who executed the foregoing consent, and they acknowledged to me that they executed the same. STATE OF NEW YORK COUNTY OF I, being duly sworn say: I reside at and am the secretary of The persons who have executed the foregoing consent to the lease oz real property owned by said corpor- sale ation are the holders of all the outstanding shares of stock of said corporation. That such lease has been duly authorized by the board of directors of the corporation. This affidavit is made to induce to accept a .deed of the above mentioned premises and any tide insurance company to insure the title thereto. lease Sworn to before me this d~y of 19 Notary Public Note: See Sections 909 and 615 of the Business Corporation Law. The deed or lease should cos~tain the following recital: "This conveyance has been rrmde with the unanimous consent in writing of all the stockholders of the party of the first l~rt." See also subdivision (e) of Section 71.5 of said law which provides that the offices of president and secretary may not be held by the same person. CONSULT YOUII LAWYIR IIFOR! SIGNING THIS INSTRUMENT--THIS INSllUMENT SHOULD S! USID BY LAWYIRS ONLY. Title No. STATE OF NEW YORK COUNTY OF being duly sworn say: I reside at I am the secretary of The certificate of incorporation does not require and it has not been amended to require the consent of more than two-thirds of the shareholders, or the consent of a greater number of directors of said corporation sale than a majority of a quorum to any lease by the corporation o[ all or any part of its real property. At a meeting held 19 , of the shareholders of said corporation duly sale called for the purpose of authorizing the lease of real property owned by the corporation of which due notice was given, more than two-thirds of the total number of shareholders by vote, adopted the following resolution: RE.qOLVED, That the corporation sell its real property at on such terms as the board of directors of the corporation may determine. The board of directors of the corporation has duly authorized said sale. This affidavit is made to induce to accept a deed to the above mentioned premises and any title insurance' company to ir~surc the title thereto. Sworn to before me this day of 19 Notary Public Note: See Section 909 of the Business Corporatiot~ Law. The deed or lease should contain the following recital: "This conveyance has been made with the coment of the holders o! at least two-thirds of the outstanding shares of the part~ of the first part entitled to vote thereon obtained at a meeting duly called." First American Title Insurance Company of NeW York Number of pages /0 TORRENS Serial # Certificate # Prior Cfi. # Deed. Mortgage Instrument 31 Page / Filing Fee Deed / Mortgage Tax Stamp FEES Handling 5, O0 TP-584 Notation EA-5217 (County) SubTotal ~' ~ EA-5217 (State) R.P.T.S.A. Comm. of Ed. Cop Suh o, Grand Total / M ~ Reg. Copy Other RECORDED 2005 fiug 24 10:44:24 Edward P.Romaine CLERK OF SUFFOLK COUNTY c D00012405 P 474 D¥~ 05-03643 Recording / Filing Stamps Mortgage Amt. 1. Basic Tax 2. Additional Tax Sub Total Spec. / Assit. or Spec. / Add. TOT MTG. TAX Dual Town __ Dual County __ Held for Appointment __ Transfer Tax Mansion Tax The property covered by this motgage is or will be improved by a one or two family dwelling only. YES or NO If NO, see appropriate tax clause on ~age ~ of this instrument. -.!2 CommuniW Preservation Fund Real Property {g ~.r. otn~l Tax Service ~"~n~V~/ Agency /~._~/ I000 03500 0800 005017 1000 03500 0800 005018 1000 03800 0700 010010 1000 03800 0700 010015 1000 03800 0700 010023 II Sati~sfacfibn/Discharges/Release List Property Owners Mailing Address RECORD & RETURN TO: TOWN OF SOUTHOLD P.O. Box 1179 Southold, NY 11971-0959 Consideration Amount CPF Tax Due $ 0 Improved Vacant Land TD TD TD ATT: Ms. Elizabeth Neville, Town Cle~-~ 7 Ti:tie Co?pa~_y Information ~~:_oni~ Abs.act, In__c. Suffolk County Recording & Endorsement Page This page forms part of the attached DEDT('ArPTnlq' ~un '~'~nRliS~ madeby: (SPECIFY TYPE OF INSTRUMENT) The premisis herein is situated in SUe'~'OLK COUNTY, NEW YORK. TOWN OF SOUTHOLD In the Township of In the VILLAGE or HAMLETof EAST MARION BOXES 6 THROUGH 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. (nv~r~ Dear Taxpayer, Your satisfaction of mortgage has been filed in my office and I am enclosing the original cop %r your records. If a portion of your monthly mortgage payment included your property taxes, you will now r ~,ed to contact your local Town Tax Receiver so that you may be billed directly for all future Pr0l i~XY_ tax bills. Local property taxes are payable twice a year: on or before January 10th and on or before ,Tay 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 ax payment. Babylon Town Receiver of Taxes 200 East Sunrise Highway North Lindenhurst, NY 11757 (631) 957-3004 Riverhead Town Receiver of Taxes 200 Howell Avenue Riverhead, NY 11901 (63 I) 727-3200 Brookhaven Town Receiver of Taxes 250 East Main Street Port Jefferson, NY 11777 (631 ) 473-0236 Shelter Island Town Receiver of Taxes Shelter Island Town Hall Shelter Island, NY 11964 (631) 749-3338 East Hampton Town Receiver of Taxes 300 Pantigo Place East Hampton, NY 11937 (631) 324-2770 Smithtown Town Receiver of Taxes 99 West Main Street Smittitown, NY 11787 (631) 360-7610 Huntington Town Receiver of Taxes 100 Main Street Huntington, NY 11743 (631) 351-3217 Southampton Town Receiver of Taxes 116 Hampton Road Southampton, NY 11968 (631) 283-6514 Islip Town Receiver of Taxes 40 Nassau Avenue Islip, NY 11751 (631) 224-5580 Southold Town Receiver of Taxes 53095 Main Road Southold, NY 11971 (631) 765-1803 Sincerely, Edward P. Ramaine Suffolk County Clerk Number of pages TORRENS Serial # Certificate # Prior Ctf. # Deed. Mortgage Instrument Deed / Mortgage Tax Stamp Page / Filing Fee Handling 5, 00 TP-584 Notation EA-5217(County) SubTotal EA-5217 (State) R.P.T.S.A. Comm. of Ed. Affidavit Reg. Copy Other 4 District Section Real Pr°PertY Tax Agency ~ Sub Total Grand Total~c~ I Block ~[ lot 1000 03500 0800 005017 1000 03500 0800 005018 1000 03800 0700 010010 1000 03800 0700 010015 Verificafi~/-"'~/k~'-''~;~r~lO00~.~/~{~ ~7~-- 03800 0700 010023 Sati~fac~/n/Disch=ges~elease List Property Owners Mailing Address RECORD & RETURN TO: MS. ELIZABETH NEVILLE, TOWN CLERK TOWN OF SOUTHOLD P.O. BOX 1179 Southold, NY 11971-0959 RECORDED 2005 ~ug 24 10:44:24 Edward P.Romaine CLERK OF SUFFOLK COUNT? L D00012405 P 475 DT# 05-03644 Recording / Filing Stamps Consideration Amount CPF Tax Due Mortgage Amt. 1. Basic Tax 2. Additional Tax Sub Total Spec. / Assit. or Spec. / Add. TOT. MTG. TAX Dual Town __ Dual County Held for Appointment __ Transfer Tax Mansion Tax The property covered by this motgage is or will be improved by a one or two famdly dwelling only. YES or NO If NO, see appropriate tax clause on page 6[ of this instrument 2 3 Collllllul~t~ Preservation Fund $0 O $ Improved Vacant Land TD 81 Title Company Information Co. Name Peconic Abstract, Inc. ~e# PAC-3547 Suffolk County Recording & Endorsement Page This page forms part of the attached BARGAIN AND SALE DEED madeby: (SPECIFY TYPE OF INSTRUMENT) The premisis herein is situated in GUSMAR REALTY CORP. SUFFOLK COUNTY, NEW YORK. TO In the Township of SOUTHOLD TOWN OF SOUTHOLD IntheVILLAGE or HAMLET of EAST MARION BOXES 6 THROUGH 8 MUST BE TYPED OR PR/NTED IN BLACK ~ ONLY PR/OR TO RECORDING OR FILING Dear Taxpayer, Your satisfaction of mortgage has been filed in my office and I am enclosing the original cop 5or your records. If a portion of your monthly mortgage payment included your property taxes, you will now ~ ~e_fid to contact your local Town Tax Receiver so that you may be billed directly for all future prol' ?t_g tax bills. Local property taxes are payable twice a year: on or before Janua~ 10th and on or before ,~ay 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 ax payment. Babylon Town Receiver of Taxes 200 East Sunrise Highway North Lindenhurst, NY 11757 (631) 957-3004 Brookhaven Town Receiver of Taxes 250 East Main Street Port Jefferson, NY 11777 (631 ) 473-0236 East Hampton Town Receiver of Taxes 300 Pantigo Place East Hampton, NY 11937 (631) 324-2770 Huntington Town Receiver of Taxes 100 Main Street Huntington, NY 11743 (631) 351-3217 Islip Town Receiver of Taxes 40 Nassau Avenue Islip, NY 11751 (631) 224-5580 Riverhead Town Receiver of Taxes 200 Howell Avenue Riverhead, NY 11901 (631 ) 727-3200 Shelter Island Town Receiver of Taxes Shelter Island Town Hall Shelter Island, NY 11964 (631) 749-3338 Smithtown Town Receiver of Taxes 99 West Main Street Smithtown, NY 11787 (631) 360-7610 Southampton Town Receiver of Taxes 116 Hampton Road Southampton, NY 11968 (631) 283-6514 Southold Town Receiver of Taxes 53095 Main Road Southold, NY 11971 (631) 765-1803 Sincerely, Edward P. Ramaine Suffolk County Clerk DIST. 1000 SECT. 035.00 BLOCK 08.00 LOT 005.017 005.018 DIST. 1000 SECT. 038.00 BLOCK 07.00 LOT 010.010 010.023 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT · THIS INSTRUMENT SHOULD BE USED DY LAWYERS ONLY BETWEEN GUSMAR REALTY CORP., residing at a domestic corporation, with offices located at 13-15 37th Avenue, Long Island City, NY 11101 party of the first part, and 53095 TOWN OF SOUTIIOLD, Southold Town Hall,/l~}t Main Road, Southold, NY 11971 party of 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 SEE ANNEXED LEGAL DESCRIPTIONfiMADE PART HEREOF SAID PREMISES being part of the premises described in the deed to the grantor recorde~d in Liber l1955 page 460., and L±ber 9976, Page 456. THIS CONVEYANCE is made by the party of the first part during the normal course of business and with the unanimous written consent of the shareholders of Gusmar Realty Corporation. TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances and ali 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 encumbered 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, IN PRESENCE OF: By: GUSMAR REALTY CORPORATION · PANT~I~I~; FAklRI~, P~SIDENT SlateofNewYork, Countyof ~)~,..3o..~-~x_ . }ss.: On thc Z~d~yof~,oL ' ~[o~ ~, ~e unde~ign~, ~nonflly ap~ in the year 2005 P~telis F~iris ~nally known to ~ or prov~ to me on ~e b~h of ~fisfacto~ evidence ~) ~ ~e individual(s) who~ n~(s) is (~) sub~fi~ to ~c wi~in ins~ment and.acknowl~ged ~ me ~m hdshd~ey ex~u~ · e same in hi~er/~eir capeci~(i~), and ~at by hi~/~e~ signature(s) on ~e ins~men~ ~e iMividual(s), or ~e ~on u~n ~h~f of which ~e individual(s) ac~, ex.tM Ee ins~nt. ~ MO~ AC~OW~M~ FO~ FO~ USB W~HIN NEw YO~ 5~'~ ~NLY: [New Yo~ SubscdbOtg Witne&~ Ackm~wleds~ Cen~cate] State of New York, County of } ~.: ~ ~e day of in ~e ye~ ~fom n~, ~e unde~ign~, ~n~y ap~ · e subs~bing wimess to ~e foregoing ins~mcn; wi~ whom I ~ ~r~nally acqu~n~, who, ~g by ~ duly sworn, did ~ ~d ~y ~at h~sh~ey ~ide(s) in ( ~£the place of residence is itt a city, include the street and street number, ifany, theretO; that he/she/they know(s) tn be thc individual dc~ribcd in and who executed the £omgoing iustmmcnt; that saki subscril'fing wimes,s was pm~cnt and saw said execute the same; and that said witness at the same time subscribed his/her/their name(s) as a witness thereto. Smt~ of New'York, County of } ss.: On O~c day o[ in thc year before me. the undersigned, personally appeared persoually known to me or proved to me on the basis of satisfacto4 evidence to be thc individual(s) whose name(s) is (are) submfibed tn the within instrument and acknowledged to me that he/she/they executed the same in hkqher/their capacity(irs), and that by his/her/their signature(s) on the instrument, the individual(s), or the person upon behalf of which II~c individual(s) acted, executed the instrument. ~A CKNOWLEDGMENT FORM FOR USE OUTS/DE NEW YORK STA rE ONLY: {Out of State or Foreign General Acknowledgment Cer~qicate] (Complete Venue with State. Country. Province or Municipality) On the day of in the year before me, the undersigned, personally appeared personally known to me or proved to me on the basis of satisfactn~ evidence to be the individual(s) whose name(s) is (are) subscribed to the within instmnient and acknowledged to me that he/she/they executed the same in his/her/their capacity(irs), that by his/her/their signature(s) on the instrument, the ~ndividual(s), or the person upon behalf of which the individual(s) acted, executed the insl.mment, and that such individual made such appearance before the undersigned in the (Insert the city or olher political subdivision at~ the state or country or other place the acknowledgment wctv taken). BARGAIN & SALE DEED wrm co~'^m's ^o^rs~ O~^wroles ^ers G~SMAR REALTY CORPORATION TO TOWN OF SOUTHOLD FIDELITY NATIONAL TITLE INSURANCE OCOMPANY OF NEW YORK 'c~/ff,~,,a a;~. Fidelity .~4"~..~/" DISTRICT 1000 SECTION~ 38-7-10.10, 38-7-10.23, BLOCK / 35-8-5.18, 35-8-5.17 LOT / COUNTY OK TOWN Suffolk/Southold RECORDED AT REQUEST OF Fidelity National Title Insurance Company of New York RETURN BY MAIL TO SOUTHOLD TOWN CLERK SOUTHOLD TOWN HALL PO BOX 1179, MAIN ROAD SOUTHOLD, NY 11971 SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument= DEEDS/DDD Number of Pages= 10 Receipt Number = 05-0088698 TRANSFER TAX NUMBER= 05-03644 Districts 1000 Deed Amount: Recorded: At: LIBER: PAGE: Section= Block= 035.00 08.00 EXAMINED AND CHARGED AS FOLLOWS $0.00 Received the Following Fees For Above Instrument Exempt Page/Filing $30.00 NO Handling COE $5.00 NO NYS SRCHG EA-CTY $5.00 NO EA-STATE TP-584 $5.00 NO Cert.Copies RPT $110.00 NO SCTM Transfer tax $0.00 NO Comm. Pres Fees Paid TRANSFER TAX NUMBER: 05-03644 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL Edward P.Romaine County Clerk, Suffolk County 08/24/2005 10:44:24 AM D00012405 475 Lo t: 005. 017 Exempt $5.00 NO $15.00 NO $165.00 NO $12.50 NO $0.00 NO $0.00 NO $352.50 © TOWN OF SOUTHOLD: STATE OF NEW YORK In the matter of the Application of GUSMAR REALTY CORPORATION For Laying Out of Highways in East Marion, Town of Southold, Suffolk County, New York to be known as: MARINA LANE AND SUMMIT LANE (f/Fda Chios Lane) and DRAINAGE AREA APPLICATION To the Town Superintendent of Highways of the Town of Southold in the County of Suffolk and State of New York; The undersigned petitioner, GUSMAR REALTY CORPORATION, as owners of MARINA LANE AND SUMMIT LANE (f/k/a Chios Lane) and DRAINAGE AREA, a New York Corporation having its principle place of business at 13-15 37th Avenue, Long Island City, NY 11101, liable to be assessed for highway taxes in the Town of Southold, hereby to apply to the Town Superintendent of Highways to lay out new tfighways at East Marion, in the Town of Southold, County of Suffolk and State of New York as follows: 1. The highways known as MARINA LANE and SUMMIT LANE (ffk/a Chios Lane) and DRAINAGE AREA as shown and designated, on a certain map entitled "Map Of Summit Estates, Section One," situate at East Marion, Town of Southold, Suffolk County, New York, filed in the Office of the Clerk of the County of Suffolk on November 22, 1993 as Map No. 9426, "Map of Summit Estates, Section One." O O Map of said proposed highway has been made by Young & Young, Professional Engineers and Land Surveyors, and are annexed hereto and made a part of the application together with a release and application to the Town of Southold by the petitioner herein, over whose property said highway is to run. GUSMAR REALTY CORPORATION. By: ~:~ 3~ei~s ~ri~s, President STATE OF NEW YORK ) ~O~--+-~ ) ss.: COUNTY OF ....... ~' On the ~ day of October in the year 2004 before me, the undersigned, personally appeared Pantelis Fakiris ., personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instnnnent, the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument. Notary Public © TOWN OF SOUTHOLD: STATE OF NEW YORK In the matter of the Application of GUSMAR REALTY CORPORATION for for the Laying Out of Highways in East Marion, Town of Southold, Suffolk County, New York to be known as: MARINA LANE and SUMMIT LANE (fJk/a Chios Lane) and "DRAINAGE AREA". DEDICATION and RELEASE We, GUSMAR REALTY CORPORATION, being the owners of certain land in East Marion, Town of Southold, Suffolk County, New York, and included within which land is proposed highways known as MARINA LANE and SUMMIT LANE (f/k/a Chios Lane) and DRAINAGE AREA described in the above matter dated October 20, 2004; NOW THEREFORE, in consideration of Oue ($1.00) Dollar to us in hand paid by Peter Harris, Superintendent of Highways of Said Town of Southold, and in further consideration of laying out the new highways known as MARINA LANE and SUMMIT LANE (f/k/a Chios Lane) and DRAINAGE AREA do hereby release and dedicate to Town of Southold all the land heretofore owned by us within said proposed highways as follows: 1. The highways known as MARINA LANE and SUMMIT LANE (fYk/a Chios Lane) and DRAINAGE AREA as shown and designated, on a certain map entitled "Map Of Summit Estates, Section One," situate at East Marion, Town of Southold, Suffolk County, New York, filed in the Office of the Clerk of the © O County of Suffolk on November 22, 1993 as Map No. 9426, "Map of Summit Section One. Estates, ' " And we do release the said Town of Southold from all damages by reason of the layout out of the said highway. GUSMAR REALTY CORPORATION. By: s, P~e~idlent ""/ STATE OF NEW YORK ) ) ss.: COUNTY OF SLTF@LK ) On the ~-~ day of October in the year 2004 before me, the undersigned, personally appeared PANTELIS FAKIRIS, personally known to me or proved to me on the basis of satisfactory 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 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 behalf of which the individual(s) acted, executed the instrument. Qualitie~ in Queens Coun~ Term [:xpi~es September Notary Public © O Form 8002 (9/99) - 20M -- Bargain and Sale Deed, with Covenants against Grantor's Acts--Individual or Corporation. (single sheet) CONSULT YOUR LAWYKR BEFORE IIONINO THIS INSTRUMENT -- THII INBYllUMENT IHOULD BE UIED BY LAWYEIIB ONLY, THIS INDENTURE, made the day of (_~C-~7-C>~-/~- , ~ and BETWEEN - GUSMAR REALTY CORP., a domestic corporation, with offices located at 13-15 37th Avenue, Long Island City, NY 11101 party of the first part, and TOWN OF SOUTHOLD, Southold Town Hall, No # Main Road, Southold, NY 11971 )arty 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 SEE ANNEXED LEGAL DESCRIPTION MADE PART HEREOF SAID PREMISES being a part of the premises described in the deed to the grantor recorded in Liber 11955 page 460. THIS CONVEYANCE is made by the party of the first part during the normal course of business and with the unanimous written consent of the shareholders of Gusmar Realty Corporation. TOGETHER with all right, title and interest, if any, of the party of the first part, 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 encumbered 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 consider- ation 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. GUSMAR REALTY CORPORATION IN PRESENCE OF: P~NTELIS FAKIRI~, PRESIDENT Acknowledgement taken In NewYork State State of New York, County of '~4,~C--'- On the o~."7 day of ~_~1~, in the year ;~, before me, the undersigned, personally 'appeared PANT~bIS FAKIRIS personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(les), and that by his/her/their signature(s) on the instrument, the individual(s) or the person upon behalf of which the individual(s) acted, executed the instrument. CAM" I I= LUCARINI Notary Public, State of New York No. 4910722 Qualified in Suffolk County Cnmmlsslon Expires I{ 11( IO -- Acknowledgement by Subscribing Witness taken In New York State State of New York, County of On the day of , in the year the undersigned, personally appeared , before me, the subscribing witness to the foregoing instrument, with whom I am personally acquainted, who being by me duly sworn, did depose and say, that he/she/they reside(s) in that he/she/they know(s) to be the individual described in and who executed the foregoing instrument; that said subscribing witness was present and saw said execute the same; and that said witness at the same time subscribed his/her/their name(s) as a witness thereto. TOWN OF SfX]THOID Chicago Title Insm-anee Company Acknowledgement taken In NewYork State State of NewYork, County of On the day of , in the year the undersigned, personally appeared , before me, personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(les), and that by his/her/their signature(s) on the instrument, the individual(s) or the person upon behalf of which the individual(s) acted, executed the instrument. Acknowledgement taken outside New York State * State of , County of * (or insert District of Columbia, Territory, Possession or Foreign Country) , SS: On the day of , in the year the undersigned, personally appeared , before me, personally known to me or proved to me on the basis of satisfactory 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 the same in his/her/their capacity(les), that by his/her/their signature(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 made such appearance before the undersigned in the (add the city or political subdivision and the state or country or other place the acknowledgement was taken). SECTION 35 BLOCK 8 LOT 5.17, 5.18 COUNTY OR TOWN SUFFOLK / SO[fi~OLD RETURN BY MAILTO: SOUTHOLD TOWN CLERK SOUTHOLD TOWN HALL PO BOX 1179, MAIN ROAD SOUTHOLD, NY 11971 Zip No. 0 TITLE NUMBER 641.S-02650 CHIOS LANE (SUMMIT LANE) AND MARINA LANE ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN THE TOWN OF SOUTHOLD COUNTY OF SUFFOLK AND STATE OF NEW YORK, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY SIDE OF MARINA LANE WHERE SAME IS INTERSECTED BY THE WESTERLY SIDE OF SHIPYARD LANE WITH THE SOUTHERLY SIDE OF MARINA LANE; THENCE ALONG THE SOUTHERLY SIDE OF MARINA LANE SOUTH 52 DEGREES 14 MINUTES 08 SECONDS WEST 362.06 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 2855.00 FEET A DISTANCE OF 100.90 FEET; THENCE SOUTH 54 DEGREES 15 MINUTES 38 SECONDS WEST 100.17 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET TO THE EASTERLY SIDE OF SUMMIT LANE (CHIOS LANE); THENCE SOUTH 35 DEGREES 44 MINUTES 22 SECONDS EAST 195.00 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 120.32 FEET A DISTANCE OF 166.86 FEET; THENCE SOUTH 25 DEGREES 06 MINUTES 12 SECONDS EAST 50.00 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 170.32 FEET A DISTANCE OF 35.58 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF170.32 FEET A DISTANCE OF 180.30 FEET; THENCE NORTH 35 DEGREES 44 MINUTES 22 SECONDS WEST 404.01 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 34.53 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 60.00 FEET A DISTANCE OF 292.08 FEET; C¸ O PAGE 2 THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 34.53 FEET; THENCE SOUTH 35 DEGREES 44 MINUTES 22 SECONDS EAST 79.01 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET; THENCE NORTH 54 DEGREES 15 MINUTES 38 SECONDS EAST t00.17 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 2805.00 FEET A DISTANCE OF 99.14 FEET; THENCE NORTH 52 DEGREES 14 MINUTES 08 SECONDS EAST 362.06 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET TO THE WESTERLY SIDE OF SHIPYARD LANE; THENCE ALONG THE WESTERLY SIDE OF SHIPYARD LANE SOUTH 37 DEGREES 45 MINUTES 52 SECONDS EAST 130.00 FEET TO THE POINT OR PLACE OF BEGINNING. TITLE NUMBER 641-S-02650 RE-CHARGE BASIN ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN THE TOWN OF SOUTHOLD, COUNTY OF SUFFOLK AND STATE OF NEW YORK, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY SIDE OF SUMMIT LANE (CHIOS LANE) WHERE SAME IS INTERSECTED BY THE DIVISION LINE OF LOT 17 ON MAP OF SUMMIT ESTATES SECTION 2; THENCE SOUTH 06 DEGREES 23 MINUTES 29 SECONDS EAST 1t5.00 FEET; THENCE SOUTH 76 DEGREES 22 MINUTES 24 SECONDS EAST 118.03 FEET; THENCE SOUTH 20 DEGREES 18 MINUTES 14 SECONDS WEST 173.64 FEET; THENCE SOUTH 55 DEGREES 27 MINUTES 28 SECONDS WEST 160.97 FEET; THENCE NORTH 34 DEGREES 32 MINUTES 32 SCONDS WEST 185.38 FEET; THENCE NORTH 55 DEGREES 27 MINUTES 28 SECONDS EAST 200.18 FEET; THENCE NORTH 06 DEGREES 23 MINUTES 29 SECONDS WEST 127.40 FEET TO THE SOUTHERLY SIDE OF SUMMIT LANE (CHIOS LANE); THENCE ALONG AN ARC OF A CURVE BEARING TO THE LEFT HAVING A RADIUS OF 170.32 FEET A DISTANCE ALONG SAID CURVE OF 20.05 FEET TO THE IsT ABOVE MENTIONED DIVISION LINE AND THE POINT OR PLACE OF BEGINNING. © First American Title Insurance Company of New York TP-584 00/03) New York State Department of Taxation and Finance ~[ Combined Real Estate Transfer Tax Return, Credit Line Mortgage Certificate and Certification of Exemption from the Payment of Estimated Personal Income Tax Recording Office Thne Starap See instructions (TP-584-0 before completing this form. Please print or type Schedule A - Information Relating to Conveyance Grantor/Trunsferor Name (tfindividual, last. first, middle initial) Social Security Number [] Individual GUSMAR REALTY CORPORATION [] Corporation Mailing add~ess Social Security Number [] Parlnership 13-15-37TH AVENUE I I [] Estate Trust City State ZIP code Federal employer ident. Number [] Other LONG ISLAND CITy NY 11101 Grantee/Transferee Name (/findividual, last. first, middle initial) Social Security Number TOWN OF SOUTltOLD I I [] Individual [] Corporation Mailing address Social Security Number [] Partnership NO # m ROA~ I [] Estate Trust City State ZIP code Federal employer ident. Number [] Other SOUTHOLD NY 11971 Location and description of property conveyed Tax Map Designation Address Section Block Lot SUMMIT ESTATES, MARINA LANE (SECTION 1) 35 8 5.17, 5.18 Type of property conveyed (cheek upplieable box) 1. [] one- to three family house 5. I'-] Commercial/Industrial 2. [] Residential cooperative 6. [] Apartment building 3. [] Residential Condominium 7. [2] Office building 4. [] Vacant land 8. [] Other ROAD DEDICATION City/Village Town EAST SOUTHOLD SUFFOLK MARION Date of conveyance I I 12oo41 month day year Percentage of real property conveyed which is residential real property 100% (see instructions) Condition of conveyance (check all that apply) a. [] Conveyaneeoffeeintereat f. [] b. [] Aequisitien of a controlling interest (state percentage acquired __%) c. [] Transfer of a controlling interest (state percentage transferred %) g' [] d. [] Conveyance to cooperative housing corporation h. I"l e. [] Conveyance pursuant to or in lieu of foreclosure or enforcement of security interest (attach Form TP-584.1, Schedule i. [] E) j.[] Conveyance which consists of a k. [] Contract assignment mere change of identity or form of 1. [] Option assignment or surrender ownership or organization (attach Form TP-584.1 Schedule F) m. [] Leasehold assignment or surrender Conveyance for which credit for tax n. [] Leasehold grant previously paid will be claimed o. [] Conveyance of an easement (attach Form TP-584 1 Schedule G) p. [] Conveyance for which exemption from Conveyance of cooperative apartment(s) Syndication Conveyance of air fights or development fights Date received transfer tax is claimed (complete Schedule B. Part II0 q. [] Conveyance of property partly within and partly without the state r. I~ Other (describe)__ ]Transaction number ], For recording officer's use Amount received Schedule B., Part I $ Schedu e B., Part II $ First American Title Insurance Company of New York Page 2 of 4 TP-584 (10/03) Schedule B - Real Estate Transfer Tax Return (Article 31 of the Tax Law) Part I - Computation of Tax Due 1. Enter amount of consideration for the conveyance (if you are claiming a total exemption from tax, check the exemption claimed box, enter consideration and proceed to Part Ili) ................................ [] Exemption claimed 2. Continniag lien deduction (see instructions ifproperty is taken subject to mortgage or lien} .................................... 3. Taxable consideration (subtract line 2from line 1) ......................................................................................... 4. Tax: $2 for each $500, or fractional part thereof, of consideration on line 3 .......................................... 5. Amount of credit claimed (see instructions and attach Form TP-584.1, Schedule G} ............................................. 6. Total tax due * (subtract line S from line 4) .................................................................................................... 1. 0 O0 2. (000) 3. 0 00 4. 0 O0 S. (000) 6. 0 O0 Part II -Computation of Additional Tax Due on the Conveyance of Residential Real Property for $1 Million or More 2. ~aX~b~e c~nsiderati~ (rnul~p~v ~ine ~ by t~e percentage ~f th¢ premises which is residentia~ rea~ pr~perty as sh~wn in ~chedu~e A)... 3. Total additional transfer tax due* (multiply line 2 by 1% ~01)) ...................................................................... Part III -Explanation of Exemption Claimed in Part I, line 1 (check any boxes that apply) The conveyance of real property is exempt from the real estate transfer tax for the following reason: a. Conveyance is to the United Nations, the United States of America, the state of New York or any of their instrumentalities, agencies, or political subdivisions (or any public corporation, including a public corporation created pursuant to agreement or compact with another state or Canada) ............................................................................ a b. Conveyance is to secure a debt or other obligation ............................................................................................................... b c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance ................ c d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fade gifts ........................................................................................................................................ d e. Conveyance is given in connection with a tax sale ............................................................................................................... e Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) Attach Form TP-584.1, Schedule F ....................................... f g. Conveyance consists of deed of partition ............................................................................................................................... g h. Conveyance is given pursuant to the federal bankruptcy act ................................................................................................ h i. Conveyance consists of the execution of a contract to sell real property, without the use or occupancy of such property, or the granting of an option to purchase real property without the use or occupancy of such property ................. i Conveyance of an option or contract to purchase real property with the use or occupancy of such property where the consideration is less than $200,000 and such property was used solely by the grantor as the grantor's personal residence and consists of a 1-, 2-, or 3-family house, an individual residential condominium unit, or the sale of stock in a cooperative housing corporation in connection with the grant or transfer of a proprietary leasehold covering an individual residential cooperative apartment ......................................................................................................................... j k. Conveyance is not a conveyance within the meaning of section 1401(e) of Article 31 of the Tax Law (attach documents supporting such claim) ....................................................................................................................................... k 1. Other (attach explanation) ...................................................................................................................................................... 1 *Please make check(s) payable to the county clerk where the recording is to take place or if the recording is to take place in New York City, make check(s) payable to the NYC Department of Finance. If no recording is required, send this return and your check(s) made payable to the Department of Taxation and Finance, directly to the NYS Tax Department, ITl't:l~Transfer Tax, PO Box 5045, Albany NY12205-5045. C ~ First American Title Insurance Company of New York Schedule C - Credit Line Mortgage Certificate (Article 11 of the Tax Law) Page 3 of 4 TP-584 (10/03) Complete the following only if the interest being transferred is a fee simple interest. I (we) certify that: (check the appropriate box) 1. [] The real property being sold or transferred is not subject to an outstanding credit line mortgage. 2. [] The real property being sold or transferred is subject to an outstanding credit line mortgage. However, an exemption from the tax is claimed for the following reason: [] The transfer of real property is a transfer of a fee simple interest to a person or persons who held a fee simple interest in the real property (whether as a joint tenant, a tenant in common or otherwise) immediately before the transfer. [] The transfer of real property is (A) to a person or persons related by blood, mamage or adoption to the original obligor or to one or more of the original obligors or (B) to a person or entity where 50% or more of the beneficial interest in such real property after the transfer is held by the transferor or such related person or persons (as in the case ora transfer to a trustee for the benefit of a minor or the transfer to a trust for the benefit of the transferor). [] [] The transfer of real property is a transfer to a trustee in bankruptcy, a receiver, assignee or other officer of a court. The maximum principal amount secured by the credit line mortgage is $3,000,000 or more and the real property being sold or transferred is not principally improved nor will it be improved by a one- to six-family owner-occupied residence or dwelling. [] [] 4. [] PLEASE NOT[.: for purposes of determining whether the maximum principal amount secured is $3,000,000 or more as described above, thc amounts secured by two or more credit line mortgages may be aggregated under certain circumstances. See TSB-M-96(6)-R for more information regarding these aggregation requirements. Other (attach detailed explanation). The real property being transferred is presently subject to an outstanding credit line mortgage. However, no tax is due for the following reason: [] A certificate of discharge of the credit line mortgage is being offered at the time of reenrding the deed. [] A check has been drawn payable for transmission to the credit line mortgagee or his agent for the balance due, and a satisfaction of such mortgage will be recorded as soon as it is available. The real property being transferred is subject to an outstanding credit line mortgage reenrded in __ (insert liber and page or reel or other identification of the mortgage). The maximum principal amount of debt or obligation secured by the mortgage is . No exemption from tax is claimed and the tax of is being paid herewith. (Make check payable to county clerk where deed will be recorded or, if the recording is to take place in New York City. make check payable to the NYC Department of FinanceO ISignature (both the grantor(s) and grantee(s) must sign). The undersigned certify that the above return, including any certification, schedule or attachment, is to the best of his/her knowledge, tree and complete. · Title TOWN OF SOUTHOLD, Grantee signature Title · Grantor signature Title , Grantee signature Title Reminder: Did you complete all of the required Information in Schedules A and B? Were you required to complete Schedule C? If you checked e, f or g In Schedule A, did you complete TP-584.1 ? Have you attached your check(s) made payable to the county clerk where recording will take place or, If the recording Is In New York City, to the NYC Department of Finance? If no reeordthg Is required, send your check(s), made payable to the Department of Taxation and Finance, directly to the NYS Tax Department, TI'lB-Transfer Tax, PO. Box 5045, Albany NY 12205-5045. ~ First American Title Insurance Company of New York Page 4 of 4 TP-584 (10/03) Schedule D - Certification of exemption from the payment of estimated personal income tax (Article 22, Tnx Law section 663) Complete the following only if a fee simple interest is being transferred by an individual or estate or trust. Part I - New York State residents If you are a New York State resident transferor(s)/seller(s) listed in Schedule A of Form TP-584 (or an attachment to Form TP-584), you must sign the certification below. If one or more transferor(s)/sellcr(s) of the prope~y is a resident of New York State, each resident transferor(s)/seller must sign in the space provided. Ifmure space is needed, please photocopy this Schedule D and submit as many sehedulas as necessary to accommodate all resident transferor(s)/sellers. Certification of resident transferor(s)/seller(s) This is to certify that at the time of the sale or transfer of the real property, the transferor(s)/seller(s) as signed below was a resident of New York State and therefore is not required to pay estimated personal income tax under Tax Law section 663(a) upon the sale or transfer of this property. ~ Pantelis Fakiris /~7 Sigl~Y~ir~ · v ~. / Print full name Date Signature Print full name Date Signature Print full name Date NOT~: A resident of New York State may still be required to pay estimated tax under section 685(c), but not as a condition of recording a deed.. Part II - Nonresidents of New York State If you are a nonresident of New York State listed as a transfernr(s)/sellcr in Schedule A of Form TP-584 (or an attachment to Form TP-584) but are not required to pay estimated tax because one of the exemptions below applies under section 663(d) of the Tax Law, check the box of the appropriate exemption below. If any one of the exemptions below applies to the transferor(s)/seller(s), that transfcror(s)/seller(s) is not required to pay estimated personal income tax to New York State under section 663 of the Tax Law. Each nonresident transferor(s)/sellcr who qualifies under one of the exemptions below must sign in the space provided. If more space is needed, please photocopy this Schedule D and submit as may schedules as necessary to accommodate all nonresident transferor(s)/sellers. If none of these exemption statements apply, you must use Form IT-2663, Nonresident Real Property Estimated Income Tax Payment Form, and pay the full amount of estimated tax, if any, to the recording officer at the time the deed is presented for recording. Exemption for nonresident transferor(s)/seller(s) This is to certify that at the time of the sale or transfer of the real property, the transferor(s)/seller(s) (grantor) of this property was a nonresident of New York State, but is not required to pay estimated tax under Tax Law section 663 due to one of the following exemptions: [] The property being sold or transferred was used exclusively as the transferor's/seller's principal resident (within the meaning of section 121 of the Internal Revenue Code) from __ to __ (see instructions). [] The transfernr/seller is a mortgagor cunveying the mortgaged property to a mortgagee in foreclosure, or in lieu of foreclosure with no additional consideration. [] The transferor or transferee is an agency or authority of the United States of America, an agency or authority of the sate of New York, the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Govemmant National Mortgage Association, or a private mortgage insurance company. Signature Print full name Date Signature P~nt full name Date Signature Print full name Date Signature Print full name Date irst American Title ln~ance Company of New York Peconic Bay Region Community Preservation Fund East Hampton 03 Riverhead 06 Shelter Island 07 Southampton 09 Southold 10 Please print or type Schedule A - Information Relating to Conveyance Grantor Social Security Number Name (/findividual. last. first, middle initial) I I I-I Individual GUSMAR REALTY CORPORATION [] Coqxnafion [-I Parmership Social Security Number [] Other Mailing address I [ 13-15 37TH AVENUE City State ZIP code Federal employer idem. Number LONG ISLAND CIT~/ NY 11101 Grant~ Social Security Number I"] Individual Name (/findividual, last. first, middle initial) I I TOWN OF SOUTHOLD I-I Corporation [-I Partnership Social Security Number [] Other Mailing address ] I NO # MAIN ROAD Federal employer ident. Number City State ZIP code SOUTHOLD NY 11971 I Location and description of property, conveyed Tax Map Designation Section Block Lot 35 8 5.17, 5.18 Address SUMMIT ESTATES, MARINA LANE (SECTION 1) Type of properly conveyed (check applicable box) [] Improved Date of conveyance Date ofconh~act I I 12o4 I I 12ooq [] Vae~ntland month day year month day year lli -~ityNillage ON Dual Towns: Condition of conveyance (check all that apply) a [] Conveyance of fee interest b [] Acquisition of a controlling interest (state percentage acquired %) c [] Transfer of a controlling interest (state percentage transfer~d %) d [] Conveyance to cooperative housing colporafion e [-] Conveyance pursuant to or in lieu of foreclosure or enforcement of security interest f f-I Conveyance which consists of a mere change of identity or form of ownership or organization g FI Conveyance for which credit for tax previously paid will be claimed h [] Conveyance of cooperative aparmaent(s) i [] Syndication j [] Conveyance or air rights or development rights k [] Comract assignment I [] Optionassignmentofsurrender tn [] Leasehold assignment or surrender n [] Leasehold grant o l'-I Conveyance of an easement p [-I Conveyance for which exempt/on from is claimed (complete Schedule B. Part II) q [] Conveyance of property partly within and partly without the state r [~ Other (describe} Schedule B - Community Preservation Fund Part I - Computation of Tax Duc 1Enteramou~tof¢onsiderationforthegonveyance(fromlinelTP*5845cheduleB) ................................................. i~=l 2 Allowance (see below) ..................................................................................................................................... 3 Taxable consideration (subtract line 2from line 1) ......................................................................................... 4 2% Community Preservation Fund (of line 3) make certified check payable to SUFFOLK COUNTY CLERK S Property not subject to CPF Tax (See Part 1I) .................................................................................................. [] iAmount received Date received East Hampton Shelter Island Southampton Riverhead Southold $250,000.00 Improved $250,000.00 Improved $250,000.00 Improved $150,000.00 Improved $150,000.00 Improved $100,000.00 Vacant Land (Unimproved) $100,000.00 Vacant Land (Unimproved) $100,000.00 Vacant Land (Unimproved) $75,000.00 Vacant Land (Unimproved) $75,000.00 Vacant Land (Unimproved) First American Title Insurance Company of New York 0 Schedule B - (continued) Part ii -Explanation of Exemption Claimed in Part I, line 5 (check any boxes that apply) The conveyance of real property is exempt from the real estate transfer tax for the following reason: a. Conveyance is to the United Nations, the United States of America, the state of New York or any of their instrumentalities, agencies or political subdivisions (or any public corporation, including a public corporation created pursuant to agreemcot or compact with another slate or Canada) ......................................................................................................................................................................................... a [] b. Conveyance is to secure a debt or other obligation ................................................................................................................................... b [] c. Conveyance is without additional consideration to confirm, correct, modify or supplement a prior conveyance ..................................... c [] d. Conveyance of real property is without consideration and not in connection with a sale, including conveyances conveying realty as bona fide git~s ..................................................................................................................................................................................................... d [] e. Conveyance is given in connection with a tax sale ................................................................................................................................... e [] Conveyance is a mere change of identity or form of ownership or organization where there is no change in beneficial ownership. (This exemption cannot be claimed for a conveyance to a cooperative housing corporation of real property comprising the cooperative dwelling or dwellings.) .............................................................................................................................................................................. f [] Conveyance consists of deed of partition .................................................................................................................................................. g [] Conveyance is given pursuant to the federal bankruptcy act .................................................................................................................... h [] i. Conveyance consists of the execution of a con~xact to sell real property without the use or occupancy of such property or the granting of an option to purchase real property without the usc or occupancy of such property .................................................................................. i [] Conveyance of real property which is subject to restrictions which prohibit the use of the entire property for any purposes except agriculture, recreation or conservation, pursuant to Section 1449-ce (2) (j) or (k) of Article 31-D of the Tax Law (See required Town approval, below) Conveyance of real property for open space, parks, or historic preservation purposes to any not-for-profit tax exempt corporation operated for conservation, environmental, or historic preservation purposes ............................................................................................ k [] Other -- list explanations in space below (Grandfather/Contract) .............................................................................................................. l [] m. The conveyance is approved for an exemption from the Community Preservation Transfer Tax, under Section 1449-ee of Article 31 -D oftbe Tax law (seej in Schedule C) ........................................................................................................................................................ m [] Town Attorney or other designated official Penalties and Interest Penalties Any grantor or grantee failing to file a return or to pay any tax within the time required shall be subject to penalty of 10% of the amount oftux due plus an interest penalty of 2% of such amount for each month of delay or fraction thereof at~er the expiration of the first month after such return was required to be filed or the tax became due. However, the interest penalty shall not exceed 25% in the aggregate. Interest Daily compounded interest will be charged on the amount of the tax due not paid with the time required. *****By signing the following, the buyer and seller further represent and attest to the fact that for properB, lying within Southold Town, a validly executed contract was in effect prior to March 1, 1999 and that for all other towns subject at the CPF tax, a validly executed contract was in effect prior to April 1, 1999. Seller Buyer The undersigned certify that the above return, including any certification, schedule or attachment, is to the best of hisdher knowledge, true and complete. Signature (both the grantor(s) and grantee(s) must sign). dGu~ar Realty Corp. GranFor Pantelis Fakiris, Pres. ' - Title Grantee Title PLEASE TYPE OR PREss FIRMLY W~, INSTRUCTIONS: http://www.orps.state.ny.us or ~ ,. FOR COUNTY USE ONLY I ~ REAL PROPERTYp -- _r-t~l C1. SWlS Code J I I I I I J STATE OF NEW YORK C2. Date Deed Recorded J Month / Day / Year J STATE BOARD OF REAL PROPER'FY SERVICES , . .c....... , . . PROPER~ INFORMATION I 1. Prope~ ~O ~ I ~ ~ S~ ~A~ S~ 1 I I ~ ~ [ ~ O~ ~0~ I 11939 I 2. Sure, { 'iTY, vN OF ~OT_D I I Name LAST NAME / COMPANY FIRST NAME I I I LAST NAME / COMPANY FIRST NAME 3. Tax Indicate where future Tax Rills are to be sent I I Billing if other than buyer address (at bottom of form) I LAST NAME / COMPANY FiRST NAME Address I STREET NUMBER AND STREET NAME CI3~ OR TOWN STATE ZIP CODE 4. Indicate the number of Assessment ~--~ (Only if Part of a Parcel} Check as they apply: Roll parcels transferred on the deed [ ,2 I # of Parcels OR Part of a Parcel 4A. Planning Board with Subdivision Authority Exists [] 5.1 7 = 1 . 11 n ~. Subdivision Approval was Required for Transfer [] 5.PropertyDeed L FRONT EEET I X { 5DEn. 1 8 = J ~R'I91 , A , iACREs, · , I 4C. Parcel Approved for Subdivision with Map Provided [] Size 6. Seller I (~S[V~ ~L~ CORP. I LAST NAME ! COMPANY FIRST NAME Name I 7. Check the box below which most accurately describes the use of the property at the time of sale: A~] One Family Residential B ~.~ 2 or 3 Family Residential C ~ Residential Vacant Land D[~ Non-Residential Vacant Land SALE INFORMATION I 11. Sale Contract Date 12. Date of Sale / Transfer F ~ Commercial G~ Apartment HLJ Entertainment/Amusement I / / I Month Day Year I / / I Month Day Year Community Service Industrial Public Service Forest 13. Full Sale Price I I , , I , , I , 0 I 0 , 0 I (Full Sale Price is the total amount paid for the property including personal property. This payment may be in the form of cash, other property or goods, or the assumption of mortgages or other obligations.) P/ease round to the nearest whole doflar amount. 14. indicate the value of pprsonal I I I I I I , (t , 0 , 0 1 property included in the sale ~ ~ ' · ASSESSMENT INFORMATION - Data should reflect the latest Final Assessment Roll and Tax Rill 16. Year of Assessmen~R~ol~ f7om which information ~ke~ 8 I 0 3 / 0 4 17. Total Assessed Value {of all parcels in transfer) I 5.17 821 Prope~ c~ass5 ' 118 (592 # 2 18. , i I-L~ 19. School District Name I Check the boxes below as they apply: 8. Ownership Type is Condominium [] 9. New Construction on Vacant Land [] 10A. Property Located within an Agricultural District [] 10B. Buyer received a disclosure notice indicating r--1 that the pmper[y is in an Agricultural District 15. Check one or more of these conditions as applicable to transfm': A Sale Bet~veen Relatives or Former Relatives B Sale Between Related Companies or Partners in Business C One of the Buyers is also a Seller D Buyer or Seller is Government Agency or Lending Institution Deed Type not Warranty or Bargain and Sale (Specify Below) F Sale of Fractional or Less than Fee Interest (Specify Below) Significant Change in Property Beb~een Taxable Status and Sale Date~ Sale of Business is Included in Sale Price Other Unusual Factors Affecting Sale Price (Specify Below) None 1~O~n n'~r3TC'Aq~TC~,] rR-3 MHNTC'TPAT,Tr]~' 100 , 20. Tax Map Identifier{s) / Roll Identifier(s) (If more than four, attach sheet with additional identiflerls)} 1000-35-8-5.17, 5.18 I I I I I CERTIFICATION I l certify that all of the items of information entered on this form a~e t~e and correct (to the best of my knowledge and belief) and I understand that the making of any ~ false statement of material fact herein will subject me ~o the provisions of the penal law relative to the making and filing of false instruments. BUYER BUYER SIGNATURE DA~E STREET NUMBER STREET NAME (AFTER SALE) I CITY OR TOWN STATE ZIP CODE SELLER PANi'mbIS ~,~AKIRIS, PRESIDenT BUYER'S ATrORNEY FIRST NAME AREA CODE TELEPHONE NUMBER I NEW YORK STATE COPY FTWC-100 Rev. 4/00 CERTIFICATE OF TITLE First American Title Insurance Company of New York Title Number: 641-S-02650 PAUL CAMINITI, ESQ. (re:Gusmar Realty Corp./Town of Southold) First American Title Insurance Company of New York C the Company") certifies to the "proposed insured (s)" listed herein that an examination of title to the premises described in Schedule A has been made in accordance with its usual procedure and agrees to issue its standard form of tide insurance policy authorized by the Insurance Department of the State of New York, in the amount set forth herein, insuring the interest set forth herein, and the marketability thereof, in the premises described in Schedule A, after the closing of the transaction in conformance with the requirements and procedures approved by the Company and after the payment of the premium and fees associated herewith excepting (a) all loss or damage by reason of the estates, interests, defects, objections, liens, encumbrances and other matters set forth herein that are not disposed of to the satisfaction of the Company prior to such closing or issuance of the policy (b) any question or objection coming to the attention of the Company before the date of closing, or if there be no closing, before the issuance of the policy. This Agreement to insure shall terminate (1) if the prospective insured, his or her attorney or agent makes any untrue statement with respect to any material fact or suppresses or fails to disclose any material fact or if any untrue answers are given to material inquires by or on behalf of the Company; or (2) upon the issuance of title insurance in accordance herewith. In the event that this Certificate is endorsed and redated by an authorized representative of the Company after the closing of the transaction and payment of the premium and fees associated herewith, such "redated" Certificate shall serve as evidence of the title insurance issued until such time as a policy of title insurance is delivered to the insured. Any claim made under the redated Certificate shall be restricted to the conditions, stipulations and exclusions from coverage of the standard form of title insurance policy issued by the Company. FIRST AMERICAN TITLE INSURANCE COMPANY OF NEW YORK ~ PRESiDENnF CERTIFICATION PAGE TITLE NUMBER: 641-S-02650 EFFECTIVE DATE: '1 012004 FEE INSURANCE: $ TO BE DETERMINED MORTGAGE INSURANCE:$ PROPOSED INSURED: TOWN OF SOUTHOLD MORTGAGEE: N/A TITLE VESTED IN: GUSMAR REALTY CORP. SOURCE OF TITLE BY A DEED DATED: 1/6/86, RECORDED 2/t 0/86 IN LIBER 9965 PAGE 456. (COVERS PREMISES AND MORE) STREET ADDRESS: MARINA LANE, CHIOS LANE ANDD RECHARGE BASIN TAX MAP DESIGNATION: 1000-035.00-08.00-005.017 AND 005.018 QUESTIONS CONCERNING THIS TITLE INSURANCE REPORT SHOULD BE DIRECTED TO: JEANNE ANSTETT, OFFICE MANAGER--631-369-0222 (FAX: 631-369-4020) PECONIC ABSTRACT, INC. P.O. BOX 1267, 405 OSTRANDER AVENUE, RIVERHEAD, NEW YORK 11901 TITLE NUMBER 64t-S-02650 CHIOS LANE (SUMMIT LANE) AND MARINA LANE ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN THE TOWN OF SOUTHOLD COUNTY OF SUFFOLK AND STATE OF NEW YORK, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY SIDE OF MARINA LANE WHERE SAME IS INTERSECTED BY THE WESTERLY SIDE OF SHIPYARD LANE WITH THE SOUTHERLY SIDE OF MARINA LANE; THENCE ALONG THE SOUTHERLY SIDE OF MARINA LANE SOUTH 52 DEGREES 14 MINUTES 08 SECONDS WEST 362.06 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 2855.00 FEET A DISTANCE OF 100.90 FEET; THENCE SOUTH 54 DEGREES 15 MINUTES 38 SECONDS WEST 100.17 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET TO THE EASTERLY SIDE OF SUMMIT LANE (CHIOS LANE); THENCE SOUTH 35 DEGREES 44 MINUTES 22 SECONDS EAST 195.00 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 120.32 FEET A DISTANCE OF 166.66 FEET; THENCE SOUTH 25 DEGREES 06 MINUTES 12 SECONDS EAST 50.00 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 170.32 FEET A DISTANCE OF 35.58 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF170.32 FEET A DISTANCE OF 180.30 FEET; THENCE NORTH 35 DEGREES 44 MINUTES 22 SECONDS WEST 404.01 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 34.53 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 60.00 FEET A DISTANCE OF 292.08 FEET; PAGE 2 THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 34.53 FEET; THENCE SOUTH 35 DEGREES 44 MINUTES 22 SECONDS EAST 79.01 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET; THENCE NORTH 54 DEGREES 15 MINUTES 38 SECONDS EAST 100.17 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 2805.00 FEET A DISTANCE OF 99.14 FEET; THENCE NORTH 52 DEGREES 14 MINUTES 08 SECONDS EAST 362.06 FEET; THENCE ALONG AN ARC OF A CURVE HAVING A RADIUS OF 40.00 FEET A DISTANCE OF 62.83 FEET TO THE WESTERLY SIDE OF SHIPYARD LANE; THENCE ALONG THE WESTERLY SIDE OF SHIPYARD LANE SOUTH 37 DEGREES 45 MINUTES 52 SECONDS EAST 130.00 FEET TO THE POINT OR PLACE OF BEGINNING. TITLE NUMBER 641-S-02650 RE-CHARGE BASIN ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN THE TOWN OF SOUTHOLD, COUNTY OF SUFFOLK AND STATE OF NEW YORK, BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT A POINT ON THE SOUTHERLY SIDE OF SUMMIT LANE (CHIOS LANE) WHERE SAME IS INTERSECTED BY THE DIVISION LINE OF LOT 17 ON MAP OF SUMMIT ESTATES SECTION 2; THENCE SOUTH 08 DEGREES 23 MINUTES 29 SECONDS EAST 115.00 FEET; THENCE SOUTH 76 DEGREES 22 MINUTES 24 SECONDS EAST 118.03 FEET; THENCE SOUTH 20 DEGREES 18 MINUTES 14 SECONDS WEST 173.64 FEET; THENCE SOUTH 55 DEGREES 27 MINUTES 28 SECONDS WEST 160.97 FEET; THENCE NORTH 34 DEGREES 32 MINUTES 32 SCONDS WEST 185.38 FEET; THENCE NORTH 55 DEGREES 27 MINUTES 28 SECONDS EAST 200.18 FEET; THENCE NORTH 06 DEGREES 23 MINUTES 29 SECONDS WEST 127.40 FEET TO THE SOUTHERLY SIDE OF SUMMIT LANE (CHIOS LANE); THENCE ALONG AN ARC OF A CURVE BEARING TO THE LEFT HAVING A RADIUS OF 170.32 FEET A DISTANCE ALONG SAID CURVE OF 20.05 FEET TO THE 1s~ ABOVE MENTIONED DIVISION LINE AND THE POINT OR PLACE OF BEGINNING. TITLE NUMBER: 641.S.02650 EXCEPTION SHEET SCHEDULE A, IN WHICH ARE SET FORTH THE ADDITIONAL MATTERS WHICH WILL APPEAR IN THE POLICY AS EXCEPTIONS FROM COVERAGE, UNLESS DISPOSED OF TO THE COMPANY SATISFACTION PRIOR TO THE CLOSING OR DELIVERY OF THE POLICY: 1.) TAXES, LIENS, WATER RATES, SEWER RENTS AND ASSESSMENTS SET FORTH IN SCHEDULE HEREIN. 2.) MORTGAGES RETURNED HEREIN (0). DETAILED WITHIN. 3.) RIGHTS OF TENANTS OR PERSONS IN POSSESSION. 4.)IN THE ABSENCE OF A GUARANTEED SURVEY, THE EXACT COURSES AND DIMENSIONS IN SCHEDULE A HEREIN WILL NOT BE INSURED. 5.) ANY STATE OF FACTS AN ACCURATE SURVEY OF THE PREMISES WOULD SHOW. 6.) ANY STATE OF FACTS AN INSPECTION OF THE PREMISES MAY DISCLOSE. 7.) CLOSING DEED MUST CONTAIN A RECITAL AS TO THE GRANTORS SOURCE OF TITLE. 8.)CONTRACT OF SALE TO BE SUBMITTED TO COMPANY FOR EXAMINATION PRIOR TO CLOSING. 9.) COMPANY REQUIRES CERTIFIED FUNDS ON ANY CHECKS OVER THE AMOUNT OF $500.00. 10.)NOTE: EFFECTIVE SEPTEMBER 1, 2003, NEW YORK STATE LAW SECTION 633 IMPOSES FILING AND PREPAYMENT REQUIREMENTS ON NON.RESIDENT INDIVIDUALS, ESTATES OR TRUSTS SELLING OR TRANSFERRING A FEE SIMPLE INTEREST IN REAL PROPERTY LOCATED IN NEW YORK (OTHER THAN THE SALE OF A PRINCIPAL RESIDENCE AS THAT TERM IS DEFINED IN SECTION 121 OF THE IRS CODE). SECTION 663 REQUIRES THOSE SELLERS TO FILE A RETURN AND PAY ESTIMATED PERSONAL INCOME TAX LIABILITY ON THE GAIN, IF ANY, FROM SUCH SALE OR TRANSFER. PROOF OF SUCH PAYMENT (OR EXEMPTION FROM SAME) WILL BE REQUIRED BEFORE ANY DEED WILL BE ACCEPTED FOR RECORDING. 11.) ALSO NOTE, THAT IF A POWER OF ATTORNEY IS TO SIGN THE FORM IT2663, FORM POA-1 MUST ALSO BE ATTACHED TO THIS FORM TO BE SENT TO THE NEW YORK STATE DEPARTMENT OF TAXATION AND FINANCE. 12.)1F THE TITLE COMPANY IS REQUIRED TO PAY THE ABOVE MENTIONED PERSONAL INCOME TAX DIRECTLY, CERTIFIED FUNDS MUST BE SUBMITTED, AND AN ADDITIONAL $150.00 WILL BE CHARGED TO THE SELLER. 13.)CONSENT OF THE STOCKHOLDERS OF THE PROPOSED CONVEYANCE TO BE SUBMITTED TO COMPANY PRIOR TO, OR AT CLOSING. 14.)COVENANTS AND RESTRICTIONS IN LIBER 11506 PAGE 123, LIBER 12051 PAGE 541, LIBER 12106 PAGE 903, LIBER 11506 PAGE 134 AND LIBER 11271 PAGE 441. 15.) TELEPHONE AND ELECTRIC EASEMENT IN LIBER 12004 PAGE 971. C MORTGAGE SCHEDULE TITLE NUMBER: 641S-02650 MORTGAGOR: NONE OF RECORD MORTGAGEE: DATED: RECORDED: LIBER: PAGE: AMOUNT:$ MUNICIPAL SEARCHES TAX SEARCHES HEREIN Report Prepared for b~ONIC ABSTRACT Title No. 641S02650 The unpaid taxes, Writer rates, assessments and other matters relating to taxes'wffich are liens at the date of this certificate are set forth below. Our policy does not insure against such items which have not become a lien up to the date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut. TOWN OF SOUTHOLD SOUTHOLD (NOT INC) SCHOOL DISTRICT 2 ASSESSED TO: GUSMAR REALTY CORP If the tax lots above mentioned cover more or less than the premises under exam- ination, this fact will be noted herein. In such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. CLASS 821 1.110 ACRES 1000-035.00-08.00-005.017 215 CHIOS LANE ASSESSED VALUE I00 / 100 NON-EXEMPT Disposition: 2003/2004 TOWN AND SCHOOL TAXES ..... TOTAL 1st HALF $29.06 PAID 3/10/04 2nd HALF $29.05 PAID 5/25/04 PRIOR TOWN AND SCHOOL TAXES PAID. $58.11 DUE: 01/10 DUE: 05/31 WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. RUN DATE: 10/08/04 SUBJECT TO CONTINUATION Recent payments of any items returned on this tax search may not yet be reflected on ~he public records. Therefore please request the seller or borrower to have the receipted bills available at closing. SUNRISE RESEARCH CORP. Report Prepared for P~---ONIC ABSTRACT Title No. 641S02650 The unpaid ta;es, wa~er rates, assessments and other matters relating te taxes*which are liens at the date of this certificate are set forth below. Our policy does not insure against such items which have not become a lien up to the date of the policy or installments due after the date of the policy. Neither our tax search nor our policy covers any part of streets on which the premises to be insured abut. TOWN OF SOUTHOLD SOUTHOLD (NOT INC) SCHOOL DISTRICT 2 ASSESSED TO: GUSMAR REALTY CORP If the tax lots above mentioned cover more or less than the premises under exam- inafion, this fact will be noted herein. in such cases, the interested parties should take the necessary steps to make the tax map conform to the description to be insured. CLASS 692 1.910 ACRES 1000-035.00-08.00-005.018 CHIOS & MARINA LN ASSESSED VALUE 100 / 100 NON-EXEMPT Disposition: 2003/2004 TOWN AND SCHOOL TAXES ..... TOTAL 1st HALF $29.06 PAID 3/10/04 2nd HALF $29.05 PAID 5/25/04 $58.11 DUE: 01/10 DUE: 05/31 PRIOR TOWN AND SCHOOL TAXES PAID. WATER AND SEWER CHARGES, IF ANY, NOT SEARCHED. THEREFORE, PLEASE REQUEST THE SELLER OR BORROWER TO PROVIDE RECEIPTED OR UNPAID BILLS. RUN DATE: 10/08/04 SUBJECT TO CONTINUATION Recent payments of any items returned on this tax search may not yet be reflected on the public records. Therefore please request the seller or borrower to have the receipted bills available at closing, SUNRISE RESEARCH CORP. © ~ 0 0 %$% AMERIC First American Title Insurance Company of New York FTWC-125 REV. 1/92 uff°lk Count ,ee, Section . 11 12 o o 14 18 15 ,['0 ~'o1~ 08 2~2 17 16 APPROVED BY PLANNING BOARD TOWN OF SOu'THOU) ~ST HOlE DATA o^~ AF'R 0 6 2eOIApR 0 5 2u~,,+4.,,~. ~ To~ng J~ Young, Lwn, d S~rveyor: :~'1~ DATA TOTAL ~ - 100112 AC~ES O~ER MAP CF SUMMIT £STA'IES, S£ClION At East Marion, Town of $outhold Suffolk County, New Yo~k ¸1, W! X27,3 X X23.3 o,% X6.7 SITE DATA. I. IU1AL AREA- 40,8224 ACRES 2'. ZONING USE DISTRICT: "~<-,10" RESIDENTIAL LOW DENSITY 'AA' "RR" RESORT/ RESIDENTIAL 5, TOTAL LENGTH OF ROADS = 2678 LE 4. TOTAl_ NO. OF LOTS = 35 C LLI STE R FINALROAD & DR,\I[JAGE PLAN PREPAREDFOR SUMMIT ESTATES AT EAST FOWN OF MARION - SUFFOLK X SOUTHOLD / ~OUNTY, NY. 400 OSTRA ER AVENUE, RIVERNEAD, ALDEN W YOUNG, N,Y,5. P.E, 5 L,S, LIC, NO, 12545 HOWARD W, YOUNG, N.Y.5, L.S, LIC. NO. 45598 THOMAS C. WOLPERT, N,Y,S.P.E. LIC NO, 61483 t6.5 X X24.7 25.3 X x23..5 23,6 X24.9 24,3 X23.7 § 14.8 13.2 X6.7 X2.7 X2G L5 X5,5 GAROINERS LOCATION ·AP SCALE I"= 600' t 2~.~ X X20.8 20,8 X20.8 dj x2~.2 N 3:5050 N 52900C ×17.8 N 32850( X5,3 X3.2 X5.8 LEGEND PAVED ROAD DIRT ROAD WOODED AREA TREES UTILITY POLE FENCE SPOT ELEVATION CONTOURS BUILDING NOTE, l · : MONUMENT ~: STAKE 2 SUFFOLK COUNTYTAX MAP ×7.8 - - N 52800 (-r. ?1~0 F-I L~- MAI~ IklA LAh.iE. 0 0 0 O 0 +o.~oo% LAH~- ~. ,.., '-. N. /¢. % %. ~o44°~' %. CLUSTER FI NAL ROAD PREPARED FOR SUMMIT DRAINAGE PLAN ESTATES AT EAST TOWN OF SUFFOLK MARION SOUTHOLD COUNTY, N.Y MAR I51 t992 APR. 12,1991 NO. 89 - 0952 YOUNG B yOUN~ IbAG Il4 TYPI6AL- I~OAD ~,~6'flOI. J .~. LOOATION h4AP Lot 8 Lot ~ Lot ~ \ L=2O o~ Lot 17 '~,= I"/O.D2' T~"I4'~ 404.0 Lo~ 14 Lo~ 18 '~ '2'1 Young & Young N0'1'1~ 5U~.VE¥O~.'5 OEt~.TIf=IE, ATION ~UMMIT E-~TATES, 5tECTION I A~ t~ost Morlon, To~n of~ ~out:hold A~-BUILT 5Ut~.VE'r' i LOCATION MAP SCALE: 1"=606' L=62,83' - ..... ~ ~ ~, N64'53'48"E · ~ ~ 2 ff R=125.00' '~ r-. ~ ~t-~ Lot 18 L=158.1T ~ LU Subdivision Lot 17 S64'53'48"W 50.00' SUMMIT LAN - Lot 16 Lot 25 Subdivision - "Summit E~[ates, Section 5" Suffolk County File No. 10769 S42'36'12"E 42.50'~ / $2'36'12"W 42.50' Lot 26 Su bd[vision Lot 27 Subdivision - "Summit Estetes, Sechon 3" Suffolk County Fde No 10769 · SUBDIViSiON MAP -- "SUMMIT ESTATES, SECTION 2" FILED IN I~E OFFICE OF- THE CLERK OF SUFFOLK COUN~ ON MAY 21, 2002 AS FILE NO. 10766 · WE HEREBY CERTIFY THAT THIS MaP WAS PREPARED FROM NATIONAL SURVEY MADE ON THE GROUND AND THAT ALL MONUMENTS SHOWN THUS: E] ACTUALLY EXIST AND THEir POSITIONS ARE CORREC%Y SHOWN. LEGEND SURVEYOR'S CERTIFICATION HOWARD W, YOUNG, N.Y.S. L.S. NO. 45893 SURVEY FOR SUMMIT ESTATES, SECTION 2 At East Marion, Town of Southold Suffolk County, New York County Tax Map m.~-,:t 1000 s..tl.. 38 ~o.~ 07 L*t 10.10 AS--BUILT SURVEY ADDITIONAL MONUMENTS SET MAR. 2.t, 2005 MAP PREPARED AUG. 26, 2004 SCALE 1"--100' JOB NO. 2000_05S5 DWG. 2000_0585_sec2~b LOCATION MAP SCALE: 1"=600' JMMiT L~62.83' Lot 24 r=860.00' L=20.39' E ''~ o Lot 25 ~ .- R=40. O0' TC=~S.93 (:3 ~-0. 00' L=62.83' Lot 35 05 · Lo[ ,34- 157. 42',36'12" W R:40.O0' L=59.94' Lot 26 Re-charge Bas' Lot 27 Subdivision - L=32.81' "Summit Estates, MH-C, Section 5" L¢~0,05' Lot 28 CB-8 Lot 29 ,,Open Space Par¢¢ · · S~¢~it Estates, S~' C No. 9426 Lot 52 R=40.O0' Lot 31 Lot $0 Surf. Co. Fie N2e?i°n. ~0513 4" 400 Young & Young, NOTE · SUBDIV~SION MAP- "SUMMIT ESTA~S, SECTION 3" FILED IN THE OFFICE OF THE CLERK OF SUFFOLK COUNTY ON MAY 21, 2002 AS FILE NO 10769 · WE HEREBY CERTIFY THAT THIS MAP WAS PREPARED FROM NATIONAL SURVEY MADE ON THE GROUND AND THAT ALL MONUMENTS SHOWN THUS: B ACTUALLY EXIST AND THEIR POSITIONS ARE CORRECTLY SHOWN. LEGEND AB ii![ SURVEYOR'S CERTIFICATION HOWARD W. YOUNG, N.Y.S.L.S. NO. 45893 SURVEY FOR SUMMIT ESTATES, SECTION At East Marion, Town of Southold Suffolk County, Ne~ York County Tax Map DI.LrTct 1000 S.ctlon 38 BI.ok 07 ~ot 10.23 AS--BUILT SURVEY ADDITIONAL MONUMENTS SET MaP PREPARED SCALE 1" : 100' JOB NO. 2004_0446 DWG. 2000_0585_secS_ab