HomeMy WebLinkAboutBeebe, Boyd & Rehm
.
.
REGINALD C. SMITH
ROBERT W; TASKER
PIERRE G. LUNDBERG
HOWARD M. FINKELSTE1N
SMITH, TASKER, FINlCELSTEIN AND LUNDBERG
ATTORNEYS AND COUNSELORS AT LAW
425 MAIN STREET
GREENPORT, N. Y. 11944
GREENPORT 7~1400
ARTHUR H. LUNDBERG
COUNSEL
JlalX.X4C!<t_~
November 22, 1968
Hon. Albert W. Richmond
Southold Town Clerk
Southold, New York
Dear Albert:
Enclosed herewith is deed dated July 11, 1968 from William M.
Beebe, Robert D. Boyd and Robert E. Rehm to the Town of
Southold which conveys property in Peconic adjacent to other
property presently owned by the Town.
The deed was recorded in the Suffolk County Clerk's Office on
November 13, 1968 in Liber 6454 of deeds at page 295.
Also enclosed herewith is a survey map of the premises in
question,
As soon as the title company issues the title policy, it will
likewise be sent to you.
Yours very truly,
ROBE~SKER
RWT:MY
Enclosures
t
~t"
I: S"",dud 1'. Y. B.T. U. Fmm 8007 .6.67.20M- Bu"in 'n<\S~, O"d:wi.h Cmn,"' ,.,in" Gum", Am-Indi,idu,l m Cmp,,,,i,n.
L1BER6454 PAGE 295
THIS INDENnJRE, made the 11th day of July , nineteen hundred and sixty-eight
I BE1WEEN HILLIAM 11. BEEBE, ROBERT D. BOYD, and ROBERT E. REHI1, all re-
siding at Cutchogue, To.m of Southold, Suffolk County, New York,
party of the first part, and TOWN OF SOUTHOLD, a municipal corporation of the state
of New York, having its office at 16 South Street, Greenport, Town of
Southold, Suffolk County, New York,
party of the second part,
WITNESSETH. that the party of the first part, in consideration of SEVENTEEN THOUSAND and 00/100-
---------------------------------- ($17,000.00) --------------- dollars,
lawful money of the United States, and other good and valuable consideration paid
by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or
successors and assigns of the party of the second part forever,
AlL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
lying and being in the Town of Southold, at Peconic, Suffolk County, New York,
bounded and described as follows:
BEGINNING at a point on the northerly side of Main Road at the southwest
corner of the premises herein described adjoining land of Stanley Gadom-
ski on the west; running thence along said land of Gadomski, North 330
31' 20" t1est 1020.0 feet to a locust post and land of Dobek; running
thence along land of Dobek North L~60 42' 20" East 267.15 feet to a mon-
ument and land of the Town of Southold; running thence along said land
of the Town of Southold South 330 31' 20" East 822.85 feet to a monument
and land of Sternemann; running thence along said land of Sternemann:
(1) South 480 40' lIJest 100 feet and (2) South 360 531 00" East 205 feet
to the Northerly line of Main Road; thence running along the Northerly
line of Main Road South 480 401 West 177.84 feet to the point or place
of BEGINNING.
BEING AND IIITENDED TO BE the same premises as conveyed by Winston F.
Davids, Robert L. Davids, Wilma C. Roberts, Nelson C. Davids, and
Raymond H. Davids, distributees of the Estate of Raymond E. Davids,
deceased and Dora F. Davids, deceased to Robert D. Boyd, Robert E. Rehm
and William M. Beebe by deed dated 5/13/63, recorded 5/24/63 in Liber
5352 cp 28L~.
L1BEr; B ,1 4 PAGE 296
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,
T~ 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.
It
AND the party of the first part covenants that the party of the first part has not done or suffered anything
whereby the said premises have been incumbered in any way whatever, except as aforesaid.
AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of
the first part will receive the consideration for this conveyance and will hold the right to receive such consid-
eration 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 wrrNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above
written.
IN PRESENCE OF:
/JJi.L&.~",' _ h /1 h'/'
~m M. Be~
JE& lyf5~
~~f&~
I
l
~
STATI o. NIW you. COUNTY OJ SUFFOLI\:
On the 11 th day of July 1968 , before me
personally came HILLIAH H. BEEBE, ROBERT D.
BOYD and ROBERT E. REHH
to me known to be the individual S described in and who
executed the foregoing instrument, and acknowledged that
t 11 e y executed the same.
H' STATI O. NIW you. COUNTY OJ
.lIBER6454 PAGE297
H'
On the day of
personally came
19
, before me
to me known to be the individual described in and who
executed the foregoing in.trum~t, and acknowledged that
executed the same,
HNnoo \l10.:HnS
~() ill:iTl~1
dd'l',.~ ;"!WlJOt!
89. Hd n ~ E I ^DN
1IILLlAII1I1CJ::HUI
NOTARY rUBLlC, STATE Of NiW '1'01
No. \2-125_
~1nl1llied. ill S.ff.n: Cel1lt',Q
T Cllll el"'Te~ Me;eh 30, 19 I
STATI O. NIW YOlr. COUNTY O'
On the day of 19 , before me
personally came
to me known. who, being by me duly sworn, did depose and
say that he resides at No.
that
of
he is the
,
. the corporation described
in and which executed the foregoing instrument; that he
knows the seal of said corporation; that the seal affixed
to said instrument is such corporate seal; that it was so
affixed by order of the board of directors of said corpora-
tion. and that he signed h name thereto by like order,
lIargain anb .ale .eell T
WITH COVENANT AGAINST GRANTOR'S ACTS ,_ G
TITLE No. I~S9SI ~
t>"
~
"
vlILLIAH IV[. BEEBE, ROBERT D. BOY and
ROBERT Ii:. REHH
TO
TOI-TN OF SOUTHOLD
STANDARD FORM Of HEW YORK ICARD Of nnE UNDERWRITERS
DinrilnltMJ by
THE TITLE GUARANTEE COMPANY
CH.O""D ....11' 'H NEW YO"
r
~
u
it
~~
~~
~~
..
\&
~
..
\i"
~~
~~
~;
\..~
>
~5
..
9'
....
}=
~ ~.....
'f j
J~
sa: SYAnE O. NIW YOIII, COUNTY O.
II:
On the day of 19 . before me
personally came
to me known, who. being by me duly sworn. did depose and
say that he resides at No.
that he is the
of
. the corporation described
in and which executed the foregoing instrument; that he
knows the seal of said corporation; that the seal affixed
to said instrument is such corporate seal; that it was so
affixed by order of the board of directors of said corpora-
tion, and that he signed h name thereto by like order.
SECTION
BLOCK
LOT
COUNTY OR TOWN SOUTHOLD
NOV \ Z 1968
Recorded At Requen of The Ti_de Guarantee Company
RETURN BY MAIL TO:
Smith, Tasker, Finkelstein and
Lundberg, I'~,
42L~ Hain Street
Greenport, Nev. York Z;p f'l941~
~~~i"".'::' '~;":_,.., ._.
..'.~.,;.-.~. "'i"..",.,...
,
RrCf"'DE'f)
NOV 13 1968
· II f f. III
IftJRMAN E. KIJpp
Clerk 01 Suffolk County.
O~udG:)3~
REGINALD C. SMITH
ROBERT w: TASKER
PIERRE O. LUNDBERG
HOWARD M. FINKELSTEIN
SMITH, TASKER, FINRELSTEIN AND LUNDBERG
ATTORNEYS AND COUNSELORS AT LAW
425 MAIN STREET
GREENPORT, N. Y. U944
GReENPORT 7-1400
ARTHUR B'. LUNDBERG
CO'O'NSEL
FRANCIS J. YAXA.:80SRI
ALLEN M. SMITH
December 6, 1968
-]
,
Hon. Albert W. Richmond
Southold Town Clerk
Southold, New York
Re: Town of Southold wI Beebe, et ale
Dear Albert:
Enclosed herewith is Title Guarantee Company policy No. 1259512
insuring title to the land at Peconic acquired by the Town from
William Beebe and others.
I have previously sent you the deed and a survey of the premises.
Will you please acknowledge receipt of the title policy by signing
and returning to me the blue copy of this letter enclosed for that
purpose.
Yours very truly,
P
ROBERT W. TASKER
RWT:MY
Enclosure
I
~ 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111111IIIJillllllllilllIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII [!g
= ;mmnmlllllllllllllllllllllllllllllllllllllllll.wlllllllll11I11111111111111111111111111111111111111111111111111111111111111111111nTnlllllllll@ =
TITLE INSURANCE
POLICY
I
THE TITLE GUARANTEE COMPANY
~t1 ~ot1si~et'atiot1 of the payment of its charges for the examination
of title and its premium for insurance, insures the within named insured against all
loss or damage not exceeding the amount of insurance stated herein and in addition
the costs and expenses of defending the title, estate or interest insured, which the
insured shall sustain by reason of any defect or defects of title affecting the premises
described in Schedule A or affecting the interest of the insured therein as herein set
forth, or by reason of un marketability of the title of the insured to or in the premises,
or by reason of liens or incumbrances affecting title at the date hereof, or by reason
of any statutory lien for labor or material furnished prior to the date hereof which
has now gained or which may hereafter gain priority over the interest insured hereby,
or by reason of a lack of access to and from the premises, excepting all loss and
damage by reason of the estates, interests, defects, objection,s, liens, incumbrances
and other matters set forth in Schedule B, or by the conditions of this policy hereby
incorporated into this contract, the loss and the amount to be ascertained in the
manner provided in said conditions and to be payable upon compliance by the
insured with the stipulations of said conditions, and not otherwise.
~t1 ~itt1ess ~~et'eofJ THE TITLE GUARANTEE COMPANY
has caused this policy to be signed and sealed on its date of issue set forth herein.
Validating Officer or Agent
.tQ /..<-.3--~F
(~"lA
~<,j. d.~2Z-l.
President
MEMBER NEW YORK BOARD OF TITLE UNOERWRITERS
r
~ CONDITIONS OF THIS POLICY ~
>
Section 1 DEFINITIONS
(a) Wherever the term "insured" is used in this policy it includes
those who succeed to the interest of the insured by operation of law
including, without limitation, heirs, distributees, devisees, survivors,
personal representatives, next of kin or corporate successors, as the
case may be, and those to whom the insured has assigned this policy
where such assignment is permitted by the terms hereof, and whenever
the term "insured" is used in the conditions of this polky it also
includes the attorneys and agents of the "insured."
(b) Wherever the term "this company" is used in this policy it
means The Title Guarantee Company.
(c) Wherever the term "final determination" or "finally deter-
mined" is used in this policy, it means the final determination of a
court of competent jurisdiction after disposition of all appeals or after
the time to appeal has expired.
(d) Wherevt'l' the term "the premises" is used in this policy, it
means the property insured herein as described in Schedule A of this
policy including such buildings and improvements thereon which by
law constitute real property.
(e) Wherever the term "recorded" is used in this policy it means,
unless otherwise indicated, recorded in the office of the recording
officer of the county in which property insured herein lies.
Section 2
DEFENSE AND PROSECUTION OF SUITS
(a) This company will, at its own cost, defend the insured in all
actions or proceedings founded on a claim of title or incumbrance not
excepted in this policy.
(b) This company shall have the right and may, at its own cost,
maintain or defend any action or proceeding relating to the title or
interest hereby insured, or upon or under any covenant or contract
relating thereto which it considers desirable to prevent or reduce loss
hereunder.
(c) In all cases where this policy requires or permits this company
to prosecute or defend, the insured shall secure to it the right and
opportunity to maintain or defend the action or proceeding, and aU
appeals from any determination therein, and give it all reasonable aid
therein, and hereby permits it to use therein, at its option, its own
name or the name of the insured.
(d) The provisions of this section shall survive payment by this
company of any specific loss or payment of the entire amount of this
policy to the extent that this company shall deem it necessary in
recovering the loss from those who may be liable therefor to the
insured or to this company.
Section 3
CASES WHERE LIABILITY ARISES
No claim for damages shaH arise or be maintainable under this
policy except in the following'cases:
(a) Where there has been a final determination under which the
insured may be dispossessed, evicted or ejected from the premises or
from some part or undivided share or interest therein.
(b) Where there has been a final determination adverse to the title,
upon a lien or incumbrance not excepted in this policy.
(c) Where the insured shall have contracted in good faith in writing
to sell the insured estate or interest, or where the insured estate has
been sold for the benefit of the insured pursuant to the judgment or
order of a GOurt and the title has been rejected because of a defect or
incumbrance not excepted in this policy and there has been a final
determination sustaining the objection to the title.
(d) Where the insurance is upon the interest of a mortgagee and the
mortgage has been adjudged by a final determination to be invalid or
ineffectual to charge the insured's estate or interest in the premises, or
subject to a prior lien or incumbrance not excepted in this policy;
or where a recording officer has refused to accept from the insured a
satisfaction of the insured mortgage and there has been a final deter-
mination sustaining the refusal because of a defect in the title to the
said mortgage.
(e) Where the insured shall have negotiated a loan to be made on
the security of a mortgage on the insured's estate or interest in the
premises and the title shall have becn rejected by the proposed lender
<
and it shall have been finally determined that the rejection of the
title was justified because of a defect or incumbrance not excepted
in this policy.
(f) Where the insured shall have transferred the title insured by an
instrument containing covenants in regard to title or warranty thereof
and there shall have been a final determination on any of such cove-
nants or warranty, against the insured, because of a defect or incum-
brance not excepted in this policy.
(g) Where the insured estate or interest or a part thereof has been
taken by condemnation and it has been finally determined that the
insured is not entitled to a full award for the estate or interest taken
because of a defect or incumbrance not excepted in this policy.
No claim for damages shall arise or be maintainable under this
policy (1) if this company, after having received notice of an alleged
defect or incumbrance, removes such defect or incumbrance within
thirty days after receipt of such notice; or (2) for liability voluntarily
assumed by the insured in settling any claim or suit without the
written consent of this company.
Section 4
NOTICE OF CLAIM
In case a purchaser or proposed mortgage lender raises any question
as to the sufficiency of the title hereby insured, or in case actual
knowledge shall come to the insured of any claim adverse to the title
insured hereby, or in case of the service on or receipt by the insured
of any paper, or of any notice, summons, process or pleading in any
action or proceeding, the object or effect of which shall or may be to
impugn, attack or call in question the validity of the title hereby
insured, the insured shall promptly notify this company thereof in
writing at its main office and forward to this company such paper or
such notice, summons, process or pleading. Delay in giving this notice
and delay in forwarding such paper or such notice, summons, process
or pleading shall not affect this company's liability if such failure has
not prejudiced and cannot in the future prejudice this company.
Section Ii PAYMENT OF LOSS
(a) This company will pay, in addition to the loss, all statutory
costs and allowances imposed on the insured in litigation carried on
by this company for the insured under the terms of this policy. This
company shall not be liable for and will not pay the fees of any
counsel or attorney employed by the-insured.
(b) In every case where claim is made for loss or damage this
company (1) reserves the right to settle, at its own cost, any claim or
suit which may involve liability under this policy; or (2) may termi-
nate its liability hereunder by paying or tendering the full amount of
this policy; or (3) may, without conceding liability, demand a valua-
tion of the insured estate or interest, to be made by three arbitrators
or any two of them, one to be chosen by the insured and one by this
company, and the two thus chosen selecting an umpire. Such valua-
tion, less the amllunt of any incumbrances on said insured estate and
interest not hereby insured against, shall be the extent of this com-
pany's liability for such claim and no right of action shall accrue
hereunder for the recovery thereof until thirty days after notice of
such valuation shall have been served upon this company, and the
insured shall have tendered a conveyance or assignment of the insured
estate or interest to this company or its designee at such valuation,
diminished as aforesaid. The foregoing option to fix a valuation by
arbitration shall not apply to a policy insuring a mortgage or leasehold
interest.
(c) Liability to any collateral holder of this policy shall not exceed
the amount of the pecuniary interest of such collateral holder in the
premises.
(d) All payments made by this company under this policy shall
reduce the amount hereof pro tanto except (1) payments made for
counsel fees and disbursements in defending or prosecuting actions or
proceedings in behalf of the insured and for statutory costs and allow-
ances imposed on the insured in such actions and proceedings, and
(2) if the insured is a mortgagee, payments made to satisfy or subordi-
nate prior liens or incumbrances not set forth in Schedule B.
(e) When liability has been definitely fixed in accordance with the
conditions of this policy, the loss or damage shall be payable within
thirty days thereafter.
~-
CONDITIONS CONTINUED ON INSIDE BACK COVER
r
,~u".v VI .."....."'.....
rum...y r~u.
~t:-:J~::JJ..c;.
TOWN OF SOUTHOLD
Amount of Insurance $ 17,000.00
Date of Issue
11-7-68
The estate or interest insured by this policy is
Fee Simple
vested in the insured by means of a deed
from William M.
to the insured,
Beebe, Robert
dated 7-11-68,
D. Boyd, and Robert
recorded 11-13-68.
B. Rehm,
SCHEDULE B
The following estlltes, interests, defects, objections to title, liens and incumbrances and other motters are excepted from the coverage of this policy:
I. Defects ond incumbrMces orising or becoming _,tie... "ft~the ~ai! ,,,,t~;' wayse, wdte~ or the right to mllintain therein vaults, tunnels, r1lmps
this policy, except os herein provided. " ' ,or:. iI~y other strucrure or improvement, unless this policy specifically
I....' i It, wfll'O.,jiies that Sllchtittes. rights, or easements are insured. Notwithstanding
2. Consequences of the exercise and enf,?rcemsl},t or attempted e~-'~rce~:rif~' any provisions in this ptlrtlgrtlph to the contrtlry, this policy, unless
of tiny governmental wtlr or police powers over'the premises. h d h d h I
ot erwise excepte , insures tear intlry rig ts 0 tlccess tlnd egress
3. Zoning restrictions or ordinances imposed by Gny governmental body. belonging to ebutting owners.
4. Judgments egtlinst the insured or e!tates~~l!lreris, d.cttf:~ltCtioM, b. Com'>>;~b'l'-.Hte IW'tldings or other erections upon the premises or
liens or incumbrtlnces cretlted, suffered, auu_ or og,..,., ~~y or with theif c*" '#/lith Fe~ro,I"",,,~ete and Municiptll Itlws, regulations and ordi-
the privity of the insured. m::,:::~: i~'_' ntlnce's.,' :-' ___ __ 'j:'
5. Title to any property beyond the lines of tb,:,premises, ,"I": tlif!i to tlrees T. TItle to 'afly person~l property, whether the stlme be tIItttlched to or used
within or rights or eesements in eny tIIbutting\~ets. rOtlld'.,WIIll9S, Itlnes, in connection with said premises or otherwise.
A. Rights of tenants,!!' any.
'_'ok '-'_, __
B. Any state of facts an inspection of the premises might show.
C. Option Agreement recited in Contract of Sale from the
certified owners to the Town of Southold.
D. Survey by Van Tuyl & Son dated 6-6-1968 shows vacant
land, also shows fence Northeast of part of Northeasterly
line, no dimensions given. No other variations.
SCHEDULE "8" OF THIS POLICY CONSISTS OF c=J SHEET(S).
I
t
Policy No. 1259512
SCHEDULE A
The premises in which the insured hos the estote or interest covered by this policy
ALL that certain plot, pi.c. or parcel of land, .ituat., lying
and b.ing in 1m. Town of Sou1mold, at Peconic, Suffolk County,
He. York, bounded and de.cr1bed a. 1'0110..1
BBGDOIDIG at a point on the northerly .id. of Main Road at 1me
.outhWe.t corner of the preBl.e. herein de.cr1bed adjoining land
of Stanl.y GadOll8k1 en 1m. ...t;
RUllllIHG '1'IlBll'CB alons .aid land of Gadoaaki, Borth 33 de.ree.
31 III1nu'h. SO .econd. We.t 1020.0 feet to a locu.t po.t alld
land of Ilob_;
mnoaRQ TBD'CB alons land of Dobek Horth 46 degree. 41 II1nute.
20 ..cond. Ba.t 167.15 feet te a _ma.llt and land of 1me '!'own of
Southold;
RUDIBG 'l'IIDCII "ons aaid land of the '!'own of Soutbold South 33
degree. 31 III1nute. 20 .econu ..t 811.85 feet to a _nUlUnt and
land of Item_arlll;
Ru..l.lIlG 'I'BBICII alona aaid land of S"em.,.I\I'lIU
(11 Seuth 48 ..eare... II1nute. We.t 100 feet and
(I South 36 .qre.. 5' JD1nute. 00 ..cond. ....t 205 fe.t to
Horther y line of )lain :RO&clJ
the
'l'BBNCII runninl alons the Bortherl.y line of Main Road South
48 degree. 40 JD1nU'h8 We.t 117.84 feet to the point or place of
BIIGIIflf.[RQ .
\
CONDITIONS CONTINUED FROM INSIDE FRONT COVER
Section 6 COINSURANCE AND APPORTIONMENT
(a) In the event that a partial loss occurs after the insured makes an
improvement subsequent to the date of this policy, and only in that
event, the insured becomes a coinsurer to the extent hereinafter set
forth.
If the cost of the improvement exceeds twenty per centum of the
amount of this policy, such proportion only of any partial loss estab-
lished shall be borne by the company as one hundred twenty per
centum of the amount of this policy bears to the sum of the amount of
this policy and the amount expended for the improvement. The fore-
going provisions shall not apply to costs and attorneys' fees incurred
by the company in prosecuting or providing for the defense of actions
or proceedings in behalf of the insured pursuant to the terms of this
policy or to costs imposed on the insured in such actions or proceed-
ings, and shall apply only to that portion of losses which exceed in the
aggregate ten per cent of the face of the policy.
Provided, however, that the foregoing coinsurance provisions
shall not apply to any loss arising out of a lien or incumbrance for a
liquidated amount which existed on the date of this policy and was
not shown in Schedule B; and provided further, such coinsurance
provisions shall not apply to any loss if, at the time of the occurrence
of such loss, the then value of the premises, as so improved, does not
exceed one hundred twenty per centum of the amount of this policy.
(b) If the premises are divisible into separate, independent parcels,
and a loss is established affecting one or rriore but not all of said
parcels, the loss shall be computed and settled on a pro rata basis as
if this policy were divided pro rata as to value of said separate,
independent parcels, exclusive of improvements made subsequent to
the date of this policy.
(c) Clauses "(a)" and "(b)" of this section apply to mortgage
policies only after the insured shall have acquired the interest of the
mortgagor.
(d) If, at the time liability for any loss shall have been fixed pur-
suant to the conditions of this policy, the insured holds another policy
of insurance covering the same loss issued by another company, this
company shall not be liable to the insured for a greater proportion of
the loss than the amount that this policy bears to the whole amount of
insurance held by the insured, unless another method of apportioning-
the loss shall have been provided by agreement between this company
and the other insurer or insurers.
member companies for continuation of liability to grantees of the
insured in certain specific circumstances only. In no circumstance
provided for in this section shall this company be deemed to have
insured the sufficiency of the form of the assignment or other instru-
ment of transfer or conveyance or to have assumed any liability for the
suffidency of any proceedings after the date of this policy.
Section 8
SUBROGATION
(a) This company shall to the extent of any payment by it of loss
under this policy, be subrogated to all rights of the insured with
respect thereto. The insured shall execute such instruments as may be
requested to transfer such rights to this company. The rights so trans-
ferred shall be subordinate to any remaining interest of the insured.
(b) If the insured is a mortgagee, this company's right of subroga-
tion shall not prevent the insured from releasing the personal liability
of the obligor or guarantor or from releasing a portion of the premises
from the lien of the mortgage or from increasing or otherwise modify-
ing the insured mortgage provided such acts do not affect the validity
or priority of the lien of the mortgage insured. However, the liability
of this company unde{' this policy shall in no event be increased by
any such act of the insured.
Section 9
MISREPRESENTATION
Any untrue statement made by the insured, with respect to any
material fact, or any suppression of or failure to disclose any material
fact, or any untrue answer by the insured, to material inquiries before
the issuance of this policy, shall void this policy.
Section 10
NO WAIVER OF CONDITIONS
This company may take any appropriate action under the terms of
this policy whether or not it shall be liable hereunder and shall not
thereby concede liability or waive any provision of this policy.
Section 11
POLICY ENTIRE CONTRACT
All actions or proceedings against this company must be based on
the provisions of this policy. Any other action or actions or tights of
action that the insured may have or may bring against this company
in respect of other services rendered in connection with the issuance
of this policy, shall be deemed to have merged in and be restricted to
its terms and conditions.
Section 7
ASSIGNMENT OF POLICY Section 12
VALIDATION AND MODIFICATION
If the interest insured by this policy is that of a mortgagee, this
policy may be assigned to and shall inure to the benefit of successive
assignees of the mortgage without consent of this company or its en-
dorsement of this policy. Provision is made in the rate manual of
New York Board of Title Underwriters filed with the Superintendent
of Insurance of the State of New York on behalf of this and other
This policy is valid only when duly signed by a validating officer or
agent. Changes may be effected only by written endorsement. If the
recording date of the instruments creating the insured interest is later
than the policy date, such policy shall also cover intervening liens or
incumbrances, except real estate taxes, assessments, water charges and
sewer rents.
ENDORSEMENTS
N.Y.B.T.U. 1'0.... 1000 IALBO "'OO~TIED A.... .T......DARD ,"OLICY
FO"M BY THlE NEW YO ilK STATIE TITLIE "..oe'ATlONI
llllEYISED EFFECTIVIE 1/,1.3
700 * 5.Ga_12M
A Valuable
Document
GJrIGJrLB
Insurance
DOLIeG)(
THE
TITLE GUARANTEE
COMPANY
CHART~R~D 18U IN NEW YORK
Title Insurance Throughout
NEW YORK, NEW JERSEY, CONNECTICUT,
MASSACHUSETIS, MAINE, NEW HAMPSHIRE,
VERMONT AND GEORGIA
HEAD OFFICE
120 BROADWAY, NEW YORK CITY
..--~,.,_.."-~,~,~..-"" .,,---.,--.--
~~-~-~~_..~- ~"---.,.--- "-~" ".-- -'~"..--,-.--
~
"l,L a/fel
cJ
Dobek..
---------------
I Y)
~
i .
! ~
I ~
, <;'J
" \)
... )
~
V) \l
~ ..~
'~
i
\'i U)
\I)
I
,
/'yt4.P OF' ;-'R.,O,c?ERTy'
SORVh-Y.E[' RJR 7'/-1.1.:-
Ie vvtvl OF '-~L-/T HOLD
At
Pc-co/V/c
7bVVN'a.d'..s~D
S<'A*""~ C-~Al.V
I
~ '
'!!'
..
.
2
J
.
~
-S::ak /001=/"
E/- #tort" me-If I-
Ar'.:!2:1': ~/ AcrC's.
\.j
't
~
~.
.....
Q
.
.
'\)
.
1
~
~
~
\'i
-..1
~
4
fI)
0)
~
~
-
'I
;j
iI
~
~
~,
~
<;)
\'{
,------
~"yV,
.<11/. v-
5. -+8 /'tJD.1':J
,
...
~
\j
I
.
~ i
't \
l \
11 \ _" ftf;; . ..
,. '. .,~. ~""1i'~.. ...~..,. '. ". ~ '. .~. '.'," '. #':.,I..,.....d"'. rArA~.f1. 1_
-.A&::1 >>., '". .. . '.'13~ ~~~~19~,
P-,CJ "" "~""~':V&T~,7Ztbli~it.$;';"~ ,...:.
..._,_...,J)~:"; '~f-\- .. . .. .t,":j,"" .7_, ,..... ., .."
. ..:;~,!. ,~""'" , .
. ;i':.::~~g;~2\:" 'I:.~efll!t~,' ':
'-l~_.,,, ~."~i~:\;~~}.;-~;;<.<~;:_.~<:~-.;':,:'~ , ~ ~~,~;'7"" 'F:; ~t;t?
:, }!?~,;;1;:'~t~\}:~~J~rf/5~:'" '.'~{.,.",...:;... '
'.
.
.,
"
tr)
<
I .. .
. . ~-H.tiD'
IOoS $. N "
0. JVfAI
~:--~--:-.~-----
..~