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Home My WebLink AboutL 12111 P 518"NO CO'N- SIDERA- TION Standard N.Y.B.T.U. Form 8007-10M Bargain and Sale Deed with Covenant Against Grantor's Act--Individual or Corporation CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD.~BE USED, BY LAWYERS ONLY THIS INDENTURE, madethe ~,o~$~ dayofMar~t~vothousandt~r~Or~ ~ BETWEEN MICHAEL LYNNE, residing at 888 7~h Avenue, New York, N.Y., 10106 party of the first part, and ML MAIN ROAD, LLC, a domestic limited liability company, having its principal place of busines~ at 770 Park Avenue, New York, N.Y., 10021, party of the second part, WITNESSETH, that the party of the first part, in consideration of Ten Dollars and other valuable considerafion 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 Peconic, Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on the northwesterly side of Main Road S.R. 25 distant 688.18 feet northeasterly as measured along the northwesterly side of Main Road from the comer formed by the intersecfion of the northwesterly side of Main Road and the northeasterly side of Peconic Lane; RUNNING THENCE North 43° 43' 22" West 247.36 feet; THENCE South 46° 16' 38" West 674.59 feet to the northeasterly side of Peconic Lane; THENCE North 43° 43' 38" West along the northeasterly side of Peconic Lane 436.35 feet to land now or formerly of the Town of Southold; THENCE along the last menfioned land the following two (2) courses and distances: 1. North 37° 48' 22" East 408.00 feet; 2. North 43° 43' 38" West 250.00 feet to land now or formerly of School Dist. No. 5; THENCE along land now or formerly of School Dist. No. $ the following two (2) courses and distances: 1. North 37° 48' 22" East 80.07 feet; 2. North 43° 49' 20" West 144.20 feet to land now or formerly of James A. Quinn and wife; THENCE North 38° 00' 44" East along the last mentioned land 279.57 feet to land now or formerly of Frank Chichanowicz and the Town of Southold; THENCE North 37° 43' 39" East along the last mentioned land 470.42 feet; THENCE South 38° 13' 51" East still along the last menfioned land and along land now or formerly of Lorraine Dunkhuber 1207.60 feet to the northwesterly side of Main Road; THENCE southwesterly along the northwesterly side of Main Road along the arc of a curve beating to the right having a radius of 2265.61 feet a distance along said curve of 360.50 feet to the point or place of BEGINNING. BEING AND INTENDED TO BE the same premises conveyed to the grantor herein by deed dated January 24, 2001, from Reynold Blum, which deed was recorded in the Suffolk County Clerk's Office on February 2, 2001 in Liber D00012100 of Deeds at page 732. SUBJECT TO a mortgage in the original and current prindpal amount of $1,000,000, dated January 24, 2001, from Michael Lynne, as Mortgagor, to Reynold, Blum as Mortgagee, which mortgage was recorded in the Suffolk County Clerk's Office on February 2, 2001 in Liber M00019820 of Mortgages at page 175 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 whatever, except as aforesaid. ^ND 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 a.ny 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: Michael Lynne STATE OF NEW YORK, COUNTY OF NEW YORK) ss.: On the ~,~ ~ ~/.~2 day of March, 2001, before me, the undersigned, personally appeared Michael Lynne, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual or the person on whose behalf the individual acted executed the instrument o Notary Public THERESA STEWART Notary Public, State of New York . No. 31-6641913 Qualified in New York County_ Corem ssion Exl~ii'e~ ~ept. 24,,~, D~O~ Number of pages TORRENS Serial # Certificate # Prior Ctfi # Deed / Mortgage Instrument Deed / Mortgage Tax Stamp 4 I FEES Page / Filing Fee Handling TP-584 Notation EA-52 17 (C~.unty) __ SubTotal EA-5217 (State) Comm. of Ed. 500 Affidavit Certified Copy Reg. Copy Sub Total Other ~:~ q .---- GRAND TOTAL Real Property Tax Service Agency Verification Dist. Section B lock Lot 1000 075.00 01.00 015.004 RECOROED 2001 Apr 04 03:01:26 PM Edward P.Ro~aine CLERK OF SUFFOLK COUNTV L D00012111 P 518 DT# 00-32921 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 Apportionment __ Transfer Tax Mansion Tax The property covered by this mortgage 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. Community Preservatiou Fund Consideration Amount $ -0- CPF *]'ax Due $ -0- Improved Vacant Land x , Owners Mailing Ad&es,, RECORD & RETURN TO: TOM TWOMEY, ESQ. Twomey, Latham, Shea & Kelley, LLP P.O. Box 398 Riverhead, N.Y. 11901 TD TD TD Is I Title Company Information Co. Name Fidelity Nal; Title Insurance Co. Title# 26-031-92-60002 Suffolk Count7 Recording & Endorsement Page This page forms part of the attached BARGAIN & SALE DEED made by: (SPECIFY TYPE OF INSTRUMENT ) MICHAEL LYNNE TO ML MAIN ROAD, LLC The premises herein is situated in SUFFOLK COUNTY, NEW YORK. In the Townslfip of In the VILLAGE or HAMLET of SOUTHOLD PECONIC BOXES 5 THRU 9 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. I~VFRt SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DEEDS/DDD Number of Pages: 3 'TRANSFER TAX NUMBER: 00-32921 · District: 1000 Deed Amount: Recorded: At: LIBER: PAGE: Section: Block: 075.00 01.00 EXAMINED AND CHARGED AS FOLLOWS $0.00 Received the Following Fees For 'Above Instrument Exempt Page/Filing $9.00 NO Handling COE $5.00 NO EA-CTY iEA-STATE $25.00 NO TP-584 Cert. Copies $0.00 NO RPT SCTM $0.00 NO Transfer tax Co~L~.Pres $0.00 NO Fees Paid TRANSFER TAX NUMBER: 00-32921 THIS PAGE IS A PART OF THE INSTRUMENT Edward P.Romaine County Clerk, Suffolk County 04/04/2001 03:01:26 PM D00012111 518 Lot: 015.004 Exempt $5.00 NO $5.00 NO $5.00 NO $15.00 NO $0.00 NO $69.00 PLEASE TYPE OR PRESS FIRMLY WHEN WRITING ON FORM INSTRUCTIONS: http://www.orps.state.ny.us or PHONE (518) 473-7222 FOR COUNTY USE ONLY PROPERTY INFORMATION ~ 1. Property 42275 I Ma±n Road Locat on STREET NUMRER STREET NAME REAL PROPERTY TRANSFER REPORT STATE OF NEW YORK, STATE BOARD OF REAL PROPERTY SERVICES RP - 5217 VILLAGE ZIP CODE 2. Buyer Peconlc cmn OR TOWn ] ML Main Road, LLC Name LAST NAME / COMPANY FIRST NAME I LAST NAME / COMPANY FIRST NAME 3. Tax Indicste where future Tax Rills are to be sent C/O i,lichael Lynne Billing if other than buyer address (at bottom of form) I Address LAST NAME / COMPANY ] 770 Park Ave~me [ ~ew York S I~EET NUMBER AND STREET NAME 4. Indicate the number of Assessment Roll parcels transferred on the deed I 0 0 CItY OR TOWN i [ # of Parcels OR ~] Part of a Parcel Deed O 0 I Property [ Jxl IoRI , 2 3, I FIRST NAME IN ,Y I 10021 I STATE ZIP CODE (Only if Pa~ of a Parcel) Check as they apply: 4A, Planning Board with Subdivision Authority Exists [] 4B. Subdivision Approval was Required for Transfer [] 4C, Parcel Approved for Subdivision with Map Provided [] s. SeUer [ L~nne [ Michael Name LAST NAME / COMPANY FIRST NAME I LAST NAME / COMPANY FtRST NAME 7. Check the box below which most accurately describes the use of the property at the time of sale: E [] Agricultural F I~ Commercial Gl~ Apartment HLJ Entertainment / Amusement A[~ One Family Residential B ~ 2 or 3 Family Residential C ~ Residential Vacant Land DLJ Non-Residential Vacant Land I SALE tNFORMATION I 11, Sale Contract Date 12. Date of Sale / Transfer 13, Full Sale Price I [] Community Service J ~ Industrial K~ Public Service LL~ Forest I / / Month Day Year / Month Day Year , , , , , ,--,0,0]~ (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 obligstlons.) Please round to the nearest whole doflar amount, Check the boxes below as they apply: 8. Ownership Type is Condominium [] 9, New Construction on Vacant Land [] 10A, Prope~/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 Dates Sale of Business is Included in Sale Price Other Unusual Factors Affecting Sale Price (Spec[fy Below) None 14. Indicate the value of personal [ I I [ [ I [ [ 0 r 0 ] property included in the sale ~ 5 · [ ASSESSMENT tNFORMATION* Data ~h~uld reflect the latest Final Assessment Roll and Tax Bill ] 16. Year of Assessment Roll from [ 0 , 0 [ which information taken 17. Total Assessed Value (of all parcels in transfer) [ 18. Property Class ~-1 I 19. School District Name I Southoid 20. Tax Map Identifier(s) / Roll Identifier(s) (If more than four, attach sheet with additional identifier(s)) [ 1000-075.00-01.00-015.004 [ [ I I I I I I CERTIFICATION I [ certify that all of the items of information entered on this form are true and correct (to the b~st of my knowledge and 10elieO and I understand that the malting of any willful false statement of material fact herein will subject me to the provisions of the penal law relative to the making and filing of false instruments. BUYER BUYER'S A'FFORNEY 770 I Park Avenue New York I NY SELLER I 3/ /01 I 10021 I 3/ /o~ Twomey, Jr. I Thomas A. LAST NAME FIRST NAME 631 I 727-2180 AREA CODE TELEPHONE NUMBER