HomeMy WebLinkAboutCounty of Suffolk-Rachael's Road Mattituck
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DISTRICT
1000
SECTION
108.00
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04.00
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I083~ PG 30
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02>-3510
SUFFOLK COUNTY
QUITCLAIM DEED
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THIS INDENTURE, made theo1.~ day of O~A/lJ , 1988
BETWEEN the COUNTY OF SUFFOLK, a municipaf corporation
of the State of New York, having its principal office at the
Suffolk County Center, Center Drive, Riverhead, New York 11901,
party of the first part,
AND TOWN OF SOUTHOLD, 53095 Main Road, Southold, New York
11971, party of the second part,
WITNESSETH, that the party of the first part, pursuant to
Resolution Number 236-1988 adopted by the Suffolk County
Legislature on March 29, 1988 and, thereafter, approved by the
County Executive on April 14, 1988, in consideration of ten
dollars and other valuable consideration paid by the party of the
second part, does hereby remise, release and quitclaim 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 any
buildings and improvements thereon erected, situate, lying and
being in the Town of Southold, County of Suffolk and State of
New York, and acquired by Tax Deed on March 6, 1986, from
General L. Rains, the Deputy County Treasurer of Suffolk
County, New York, and recorded on March 7, 1986, in Liber 9992,
Page 559/560, and otherwise known as and by Town of Southold
Sch Dist 9
N-Zanieski Frms E-Elijahs La Ests S-Main Rd-Ors W-Kugler-Ano,
FURTHER, notwithstanding the above description, it is the
intention of this conveyance, to give title only to such property
as was acquired by the County of Suffolk by Tax. Deed on March 6,
1986 from General L. Rains, the Deputy County Treasurer of Suffolk
County, New York, and recorded on March 7, 1986 in Liber 9992 at
Page 559/560,
PROVIDED, however, that the party of the second part, will
be restricted in its use of the subject premises and will use said
premises solely and exclusively for affordable housing purposes;
all right, title, and interest will revert to the party of the
first part, at the sole option of the party of the first part, in
the event that the party of the second part, at any time uses or
attempts to use said subject premises for other than affordable
housing purposes, in accordance with the approved plan submitted
by the party of the second part. The reverter clauses contained
herein shall apply to the grantee, or any transferee from the
grantee formed pursuant to Article XIX - Affordable Horne Ownership
Development Program of the Private Housing Finance Law of the
State of New York, or a not-for-profit corporation formed under
~402 of the Not-for-Profit Corporation Law for affordable housing
purposes.
Additionally, if anyone or more of the following occurs, the
property secured by this deed shall revert as herinbefore set
forth:
I, If the party of the second part fails to construct or
complete construction of affordable housing unit or units on
said property within three (3) years from the date of this
deed;
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300....,)
ECEIVED
$<t7
REAL ESTATE
APR 5 1989
TRI\NSfER 1 AX
SUffOLK
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10830 PG' 32
TOGETHER with all right, title"and interest, if any, of the
party of the first part of, in and to any streets and roads
abutting the above-described premises to the center lines thereof;
TOGETHER with the appurtenances and all the estate and
rights of the party of the first part in and to said premises;
TO HAVE AND TO HOLD the premises herein granted unto the
party of the second part, the heirs or successors and assigns of
the party of the second part forever.
SUBJECT to all covenants, restrictions and easements of
record, if any.
,AND the party of the first part, in compliance with ~
Section 13 of the Lien Law, hereby 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 ~rust
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 tot~l 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:
COUNTY OF SUFFOLK, NEW YORK
BY~~ ~,S;~___c
JO B
Commiss ioner
Department of Real Estate
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FTWC 100
Rev, !7 7
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CERTIFICATE OF TITLE
First American Title Insurance Company
of New York
Title No. WMA-607-S-0041
eertifie~ to Community Development Director
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 title
insurance policy in favor of the proposed insured, covering premises described in
Schedule A, in the amounts hereinafter set forth, insuring the fee and/or mortgage
and the marketability thereof, after the closing of the transaction in conformance with
procedures approved by the Company 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 said policy.
'Chi~ eertificate shall be null and void (1) if the fees therefor are not paid (2) if
the prospective insured, his 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 inquiries by or on behalf of the Company (3) upon
delivery of the policy. Any claim arising by reason of the issuance hereof shall be
restricted to the terms and conditions of the standard form of insurance policy. If title,
interest or lien to be insured was acquired by the prospective insured prior to delivery
hereof, the Company assumes no liability except under its policy when issued.
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AUTHORIZED SIGNATUREI t) <f 'l!.')""
Fred Ackley $tJW6~
Executive Vice President
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BY~'~~
PRESIDENT
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(See DvM Page for G81UI1"al Ezceptions from Cov6TO.ge)
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'FTWC.2
Rev. 5181
First American Title Insurance Company
of New fOrk
Proposed Insured:
Title No. WMA-607-S-0041
Purchaser Town of Southold
Effective Date: 10/15/1988
Redated:
Mortgagee
$ 5,000.00
$
$
TIllS COMPANY CERTIFIES that a good and marketable title to the premises described in Schedule A, subject to the liens,
encwnbrances and other matters, if any, set forth in this certificate may be conveyed andl or mortguged by:
Amount of Insurance
Fee
Mortgage
COUNTY OF SUFFOLK
the source of title being deed from General L. Rains, as the County
Deputy Treasurer of the County of Suffolk, dated 3/6/1986, recorded
3/7 / 1986 in Liber 9992 Page 559. @ 560.
Premises described in Schedule "A" are known as:
Address:
County: Suffolk
City:
District: 1000
Town: Southold
Section: 108
Block: 04
Lot: 007,002
Pagel
2
FTWC-4
First American Title Insurance Company
of New YOrk
Title No. WMA-607-S-0041
SCHEDULE B
Hereinafter set forth are additional matters which will appear in our policy as exceptions from coverage unless disposed of to
our satisfaction prior to the closing or delivery of the policy,
DISPOSITION
1. Rights of tenants or persons in possession, if any.
2. Taxes, tax liens, tax sales, water rates, sewer rents and assessments set forth herein.
3. Any state of facts which an accurate survey would show.
4. NOTE: Survey must, be received and approved. prior to closing,
5. DIFFERENCE IN CERTIFIED OWNER &.APPLICATION'g OWNER- Application
shows titleim Town of Southold.',.. whereas we find title as certified,
If there'has been any devolution of title by deed, death or otherwise,
proof of same must be submitted" title. recertified and objections
pertinent thereto considered.
Title Certified in: COUNTY OF SUFFOLK
A duplicate copy of the exceptions is furnished to you with the thought you may wish to transmit same to the attorney faT the
owner of the property, and thereby facilitate the clearing of the objections prior to closing.
Page 3
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7.1
39.7 A (e)
,/
c:. ;OWN OF SOIJTHOlD
(RECHARGE BASIN)
254 A leI
10
2,2A(el
NO
,115-02-
010
9 .11'
8 ,<I '0' QRi
.,,' _ GREENP
tA~ii\iUC~ UjJ
flug
gj. 0~
.--
KEY /!lAP
101
200
,---
o
200
107 101 108
SCALE IN FEE T
115
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C R4
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Title No.
WATR
WMA607S0041
The unpaid taxes. water rates, assessments and other matters relating to 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 in-
sured abut.
If the tax lots above mentioned cover
more or less than the premises under ex-
amination, this fact will be noted herein.
I n such cases, the interested parties
should take the necessary steps to make
the tax map conform to the description to
be insured. Ass 1 d to: COUNTY OF SUFFOLK
Town of Southold
MATTI TUCK
School Dist: 9
N X ZANIESKI FRMS
E X ELIJAHS LA ESTS
S X MAIN RD - ORS
~I X KUGLER - ANO
ACREAGE 2.87
ELI .JAH' SLANE
LAND $
TOTAL$
EXEMPT
$300
300
300
TYPE
MISC
DIST. :
SECT, :
BLOCK:
LOT(s)
lOOO
108.00
04,00
007.002
Disposition:
1987/88 TOWN ,'1ND
TOTAL
J.st H"olf
2nd Half
SCHOOL TAXES
$86,76
$43.38
$43.38
F',UD
PAID
8/25/88
8/25/88
YEAR:l2/1-11/3:
DUE. : 1.110
DUE. : 5/31
WITHOUT EXEMPTION
TAX WOULD BE:
$129.14
PRIOR TOWN AND SCHOOL TAXES PAID.
PREMISES NOT IN A MUNICIPAL WATER DISTRICT,
PREMISES NOT IN AN INCORPORATED VILLAGE.
NOTHING FURTHER FOUND
11/3/88
SUBJECT TO CONTINUATION
Recent payments of any open 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 the clOSing.
~TWC..y
First American Title lnsurance Company
of New York
CLOSING INFORMATION
Closed By
Date Closed
Title No.
Closed at the Office of
Parties Present:
Interest in Transaction:
Address :
Premises:
CREDIT TO BUYER
AS OF
SEITLEMENT
CREDIT TO SELLER
AS OF
Paid on Signing Contract: Purchase Price
Int. from to @ %
1st Mortgage held by
Int, from @ %
m. d, Water Rates
Address Taxes
Rent from to
2nd Mortgage held by Insurance
In!. from @ %
m. d.
Address
P.M. Bond & Mtge. to
Rent from to
Adjustment for Fuel
Total Credit to Seller
Total Credit to Buyer
Taxes Balance Paid
Assessments
Water Rates Additional Charges to Purchaser
Total Credit to Buyer Title Fee
Additional Charges to Seller: Drawing Papers
Drawing Papers Recording Fees
Recording Fees Mortgage Tax
Conveyancing or Recording Tax Conveyancing or Recording Tax
~ I II
FTWC-ll
..
. . . I
First American Title Insurance Company
of New iOrk
Title No.
By whom closed
REPORT OF CLOSING
Date Closed
Transaction closed at office of
:~;;j,
The persons present were:
Name
Address
-----. -.
Interest
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->. -7-::..-;:;..:~;rc.~..~-"',::~.:'-.::..-: ~.__~ _~.~~__ :~._:-_ _______--=-.
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The identity of the persons executing the papers delivered on closing-Was established by the following evidence:
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Title policy is to be sent
. ... "(Feel-I" - -'-:-'- - '-- .
Address
Check,ll9x if
Mtge. Policy
-- delivered on--closing-
o
(Mtge.) - To
Address
1.
Kind of instnnnent
. _'n_
CWSER: (a},J,vays PRINT Name of Insured fully and
completely and write all other names legibly. (b) Where
there are two persons, indicate whether husband or wife.
... ---. .. (cfit'"fIistnames'",,,unusuanndicai,,.wnetIleriIlal,,or-.
female. Abstract fully terms of payment of any mort-. ,..
gage delivered on closing. Show addresses of all grantees
and individual mortgagees.
Recitals in instrument, and other pertinent information
or instructions must be noted here.
The following instruments were executed and delivered:
BX.
To or With
Dated
Recorded
L.
p.
Consideration or amount $
"'./- ,!
(See Over)
.
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$ lunowe 10 UOnSJal'!SUO;)
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