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Home My WebLink AboutCounty of Suffolk-parcel off Walnut Ave Mattituck ,.. @ \-' , :,\1 A. .1 <. I'. DISTRICT 1000 SECTION 142.00 BLOCK 01.00 LOT 012.000 y ~ <Y\ f) ,; "" . rn 10830 PC 34 rs@rnow~rn1 APR , 9 1009 ~ I . ..,., " k.. O~- 3'570 '- 30016 SUFFOLK COUNTY QUITCLAIM DEED A1'TORNEY'S OFFICE OWN OF SOUT:-iOLD THIS INDENTURE, made the o?&/day of ~N~' 1988 BETWEEN the COUNTY OF SUFFOLK, a municipal "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 237-1988 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 February 16, 1982, from Jean H. Tuthill, the County Treasurer of Suffolk County, New York, and recorded on February 16, 1982, in Liber 9143, Page 44/45, and otherwise known as and by Town of Southold Sch Dist 9 N-V Todrick E-Agway Inc S-Oak PI W-Joel Nine, 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 February 16, 1982 from Jean H. Tuthill, the County Treasurer of Suffolk County, New York, and recorded on February 16, 1982 in Liber 9143 at Page 44/45. 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 Home Ownership Development Program of the Private Housing Finance Law of the State of New York, or a not-for-profit corporation formed under 9402 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: 1. 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; 30016 $R~VED -tit- < REAL ESTATE ........~. ~ APR 5 19M TRANSFER TAX ',"" SUfFOLK COUNTY 10830 rC35 2. If the party of the second part sells or otherwise transfers an affordable housing unit or units to 4 purchaser or purchasers whose total annual household income, from all sources, is above the maximum income limit;s, for' non-,targeted areas in the State of New York Mortgage Agency's Affordable Housing Program for Suffolk County; 3. If the party of the second part permits the affordable housing unit or units to be occupied by a family whose total annual income, from all sources, is above the maximum income limits for non-targeted areas of the State of New York M~rtfigg~ Affordable Housing Program for Suffolk County; ge y s 4. If the party of the second part allows the total purchase price of each affordable housing unit to exceed the sum of One Hundred Thousand Dollars ($100,000.00); 5. If the party of the second part fails to certify to the Suffolk County Department of Community Development prior to closing of title with any affordable housing grantee: a) the dates of completion and occupancy for any affordable housing unit or units constructed or rehabilitated on said property; b) the total household income, from all sources, of the purchaser or purchasers of the property and his or her family; and c) the total purchase price of the affordable housing unit or units sold or otherwise transferred. It is intended and agreed that the agreements and covenants herein shall be covenants running with the land and that they shall, in any event, and without regard to technical classification or designation, legal or otherwise, and except only as specifically provided herein, be to the full extent permitted by law, binding for the benefit and in favor of, and enforceable by, the party of the first part. It is further understood that such agreements and covenants shall be binding only upon the party of the second part, if it be a municipality or any assignee of the party of the second part, formed under Article XIX of the Private Housing Finance Law of the State of New York, or any affordable housing corporation created under Article l5A and l5B of the Gener~l Municipal Law of the State of New York, or any not-for profit corporation formed under ~402 of the Not-for-Corporation Law for affordable housing purposes, respectively, only for such period as they shall have title to or an interest in or possession of the property or part thereof. . <,' If} ,"Jr, '..u.., , , _,",_,e;." t'I-.! I I3l1 ~ .- .'---^'''' , , , !I, " - . .~ - fjt!fJ {, -! I; ~ " ... 10830 rc '36 . . 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~f the first part will receive the consideration for this conv~ance and will hold the right to receive such consideration as a~rust fund to be applied first for the purpose of paying the cos~f the improvement and will apply the same first to the payment of the cos t of the improvement before using any part of the tbt'al oft the same for any other purpose. ~ :r;. THE WORD "PARTY" shall be construed as if it read "parties" whenever the sense of this indenture so requires. IN W~TRESSWHEREOF, 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'~t>- 9~ JOAN . Commissi: ner Department of Real Estate 10830 it ~ STATE OF NEW YORK, COURTY OF SUFFOLK On the d3J)4l. day of ~~ 1988, before me personally came Joan B. Scherb to nown, who, being by me duly sworn, did depose and say that she resides at No. 96 C Stillwater Road, Nissequogue, NY 11780; that she is the Commissioner of the Department of Real Estate of the County of Suffolk, New York, the municipal corporation described in and which executed the foregoing instrument; that she knows the seal of said corporation; that the seal affixed to said instrument is such corporate seal; that it was so affixed by Resolution of the Suffolk County Legislature and that she signed her name thereto by like order being Resolution 237-1988 thereof. c3 ~ . . . (. .......... ______ b~~y ub11c BARlWlA BRENNEIS IlllIMV ==AlE OF Nf.W'IlIIK lURlLK t<<l.~fD 1BIII DI'RS 31. q~lTCLAIM D~~' CR~AGO TITLE UiSm!1!1I CU;'iP A.~r SUFFOL~ COUNTY TO TOWN OF SOUTHOLD RECORD AND RETURN TO: James A. Schondebare P.O. Box 1179 Southo1d, NY 11971 I I I I I: I. I! ,,,- -201.:{ (JJ~I' e r;; "T( ..... ... .." 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