HomeMy WebLinkAboutTown of Southold-quitclaim deed walnut st mattituck
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THOMAS A.TWOMEY, JR.
STEPHEN B. LATHAM
JOHN F. SHEA, III
CHRISTOPHER D. KELLEY
LAWRENCE M. STORM'
MAUREEN T. LlcelONE
DAVID M. DUBINO
P.EOWARD REALE
PETER M. MOTTt
JOAN C. HATFIELD 0
TWOMEY, LATHAM, SHEA & KELLEY
ATTORNEYS AT LAW
33 WEST SECOND STREET
P.O. BOX 388
RIVERHEADt NEW YORK 11901
9 NORTH MAIN STREET
EAST HAMPTON, N.Y. 11937
518 - 324 -1200
518-727-2180
TELEFAX: 518-727-1787 (MAIN)
518-727-1775 (ANNEX)
400 TOWNUNE ROAD
HAUPPAUGE, N.V.117B8-2830
518 - 28S - 1414
MARY C. CRONIN
TERRY Z. LUCAS"
AMY B. TURNER
DENNIS J. HAYES
ADAM B. GROSSMAN
OF COUNSEL
. NV, CT & FL BAAS
o NY & LA BARS
tNV & MD BAAS
o NY & CT BAAS
o NV&MABAAS
February 25, 1994
Town Attorney
Town of Southold
Main Road
Southold, New York
11971
Attention of Mary
Re: Flint Street and Walnut Street Lots
Dear Mary:
Enclosed are copies of the deeds to the two lots on Flint Street
and the one on Walnut Street which were conveyed to the North Fork
Housing Alliance by the Town of Southold. All three deeds are
dated March 11, 1992 and were recorded in the Office of the Clerk
of the County of Suffolk on March 19, 1992.
Tax Map No. 1000-142.00-01.00-012.000: Liber 11436 cp 576;
Tax Map No. 1000-048.00-02.00-026.000: Liber 11436 cp 581; and
Tax Map No. 1000-048.00-02.00-024.000: Liber 11436 cp 586.
Should you have any questions, please call.
PER:JML
Enclosures
vJ:dtr;~urs,
rI. Edward Rea~
.
.
HARVEY A. ARNOFF
Town Attorney
SCOIT L. HARRIS
Supervisor
MAITHEW G. KIERNAN
Assistant Town Attorney
OFFICE OF THE TOWN ATTORNEY
TOWN OF SOUTHOLD
Town Hall. 53095 Main Road
P.O. Box 1179
Southold. New York 11971
Fax (516) 765-1823
Telephone (516) 765-1800
April 24, 1991
Bessie Swan
North Fork Housing Alliance
18 South Street
Creenport, NY 11944
Re: Walnut Street & Flint Street Lots to NFHA
Dear Mrs. Swan:
Enclosed herewith, please find three original quit-claim deeds for the
above-referenced transaction, which have been duly executed by the Supervisor.
Also enclosed is a certified copy of the Town Board's resolution.
Should you require any additional information, please feel free to contact me.
ilZc'i!-,<~
Matthew C. Kiernan
Assistant Town Attorney
MCK:mls
JUDITH T. TERRY
TOWN CLERK
REGISTRAR OF VITAL STATISTICS
MARRIAGE OFFICER
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Town Hall, 53095 Main Road
P.O. Box 1179
Southold, New York 11971
Fax (516) 765-1823
Telephone (516) 765-1801
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OFFICE OF THE TOWN CLERK
TOWN OF SOUTHOLD
THIS IS TO CERTIFY THAT THE FOLLOWING RESOLUTION WAS ADOPTED BY THE
SOUTHOlD TOWN BOARD AT A REGULAR MEETING HELD ON DECEMBER 11, 1990:
RESOLVED that the Town Board of the Town of Southold hereby authorizes
Supervisor Scott L. Harris to execute any and all documents, as prepared
by the Town Attorney, necessary to effectuate the transfer of two (2)
Town owned lots on Flint Street in Greenport, and one (1) Town owned lot
on Walnut Street in Mattituck, by Quit Claim Deed to the North Fork
Housing Alliance, together with appropriate Covenants and Restrictions, so
that any improvements of the three (3) parcels will conform to the
Affordable Housing Legislation of the Town of Southord.
~~~
f" Judith T. Terry _ (/
Southold Town Clerk
December 12, 1990
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co._T V_ LAwn. ._"_NO no _,..........,-nn ~ SHOULD" UIID.Y LAWYIU ONLY.
11436r~581
f{J!J
day of
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THIS INDEN'nJRE, made the
~ the TOWN OF SOUTHOLD, a municipal corporation of the State of New York,
County of Suffolk, having its principal office at 53095 MainRoad, Southold, New
York 11971,
q~)t;:n8
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party of the lint part, ud
at 18 South Street,
the NORTH FORK HOUSING ALLIANCE, having its principal
Greenport, New York 11944,
office
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wrrNESSEnI, that the party of the Iirat part, in consideratioD of 0 t1 (! a 0 Illl v
doIlara,
paid
1awfu111101ll!f of the Uaited Slates,
by the party of the second part. does hereby remise, release and quitclaim unto the party Df the aeccmd part,
tbe heira or IUCCea&DfS and aasigDs of the put)' of the aecoad part lon:Yer,
AIL that certain plot, piece or parcel of IlIIId, with the buildings and impmv<:mmts tbereon era:ted. situate.
lying and beiag in the Town of Southold, County of Suffolk and State of New York, and
acquired by Tax Deed on December 16 1986, from the County of Suffolk, New York,
and recorded on December 16, 1986 in Liber 10194, Page 390, and otherwise known
as and by Town of Southold, Greenport Driving Park Map 369 Lot 79,
FURTHER, notwithstanding the above description, it is the intention of this
conveyance to give title only to such property as was acquired by the Town of
Southold by Tax Deed on December 16, 1986, from the County of Suffolk, New York,
and recorded on December 16, 1986 in Liber 10194, Page 390.
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 contain~d 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 ~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 hereinbefore 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;
2. If the party of the second part sells or otherwise transfers an affordable
housing unit or units to a purchaser or purchasers whose total annual household
income, from all sources, is above the maximum income limits for non-targeted
areas in the State of New York Mortgage Agency's Affordable Housing Program for
Suffolk County;
11 LIJOn10d";
3. If the party of the second part permits the affordable housing unit or units to be oecu
by a family whose total annual income, from all sources, is above the maximum income limits
non-targeted areas of the State of New York Mortgage Agency's Affordable Housing Program fa
Suffolk County;
4. If the party of the second part allows the total purchase price of each affordable hous
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 granteei
a) the dates of completion and occupancy for any affordable housing unit or units
constructed or rehabilitated on said property;
b) the total houshold 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 runni
with the land and that they shall, in any event, and without regard to technical classifica
or designation, legal or otherwise, and except only as specifically provided herein, be to
full extent permitted by law, binding for the benefit and in favor of, and enforceable by,
party of the first part. If is further understood that such agreements and covenants shall
binding only upon the party of the second part, if it be a municipality or any assignee of
party of the second part, formed under Article XIX of the Private Housing Finance Law of th
Stat of New York, or any affordable housing corporation created under Articles 15A and 15B
the General Municipal Law of the State of New York, or any not-for profit corporation forme
under ~402 of the Not-for-Profit Corporation Law for affordable housing purposes, respectiv
only for such period as they shall have title to or an interest in or possession of the
property or part hereof.
'.
11436rL583
TOGEJHER with all right, title and interest, if any, of the puty of the first part in and to allY streets ."d
roads abutting the above deICribecl premises to the c:enter lines thereof.
TOGEIHER with the appurtenances and aU the e&tate aDd rights of the puty of the first part in and to
said premises.
TO HA VB AND TO HOLD tbe premises herein granted unto the party of the IeCOItd part, the heirs or
successors and assigns of the party of the second part ftftver.
AND the party of the first part, in complianc:e witb Section 13 of the Lieu Law, hereb.T COvenallts that the party of
the first part will receive the consideration for this COIIveyance and will hold the right to receive such conaid-
aation as a trust fund to be applied first for the purpose of paying the cost of the imprl!"cmetlt aDd will apply
the oame lint to the payment of the eost of the improvement before using any part of the total of the oame for
any other purpose. .
The word "party" sball be construed as if it read ..parti..... whenever the _ of this indenture so requires.
IN WITNESS WHEREOF. the party of the lint part bas duly executed this d<ed the day and year lint above
written.
lit nu.Jfca: DF:
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S=tt L. H J.s, Supervisor
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11436rl~585
STATI 01' NIW Yon. ~ 011
On the day of
personally came
19
... .TAn 01' NIW Y-. c:ownY Of'
. befoee me On the day of
penoaa11y came
19
, before me
to me known to be the indi vld ual
exo.:uted tht foregoing instrument,
executed the same.
described in and who
and acknowledged tbat
STATI O. _ y-. COUNTY 01' Suffolk ...
On the /1 f-h- day of g...eer tJI~ 19 9-,...;'before me
personally came SCOTT L. HARRIS
to me ~-nown, who. being by me duly .wom, did depose and
say tbat he resid.. at No. 53095 MAIN ROAD, SOUTHOLD,
NY 11971,
that he is the SUpelNisor
of THE TOWN OF SOUTHOLD, NEW YORK
, the corporation described
in and which executed the foregoing instrument; that h.
knows the _I of said corporation; that the seal affixed
to said i1l$lrument is such corporate seal; that it was so
affixed by ordel' of the board of directors of said corpora-
tion, antGt .."1 signed h ~ s name thereto by like order.
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MATlJIEw ---
Nola1yPubic,~~
0uaIitied ~ -171
CcmmIs$Ion~._
eulldaim :lBeell
TITLE No.
TOWN OF SOUTHOLD, NEW YORK
TO
NORTH FORK HOUSING ALLIANCE
STANDMD FO.M OF IIIW YO.1e IOAID O' nTU UNDla.IITlI5
IHII,i..raI II,
TilE TITLE GUARANTEE CO/tlPANY
II
...
to me known to he the individual
executed the foregniug inatrumeut,
"""""ted the same.
described in and who
and acknowledged tbat
nAn 01' NIW Y-. ~ O. ...
On the day of 19 . belore me
persona11y ame
the subscn"bing witness to the foregoiug instrument, with
whom I am personally acquainted, who, being by me duly
sworn, did depose: and say that he resides at No.
that he know.
to be the individual
delcribed in and who ""cealed the foregoing inltrument;
that he, said subscribing witness, wa. present and. saw
execute the ume; and that he, said witness.
at the same time subscnlled h name aa witnell thereto.
secnoN
BLOCK
LOT
COUNTY lA TOWN
ae"conlal AI KapetI fill The Tille- GUn..I" C-.-,
U'I'U." .Y MAlL TO:
P. EDWARD REALE
TWOMEY, LATHAM, SHEA & KELLEY
33 WEST SECOND STREET, PO BOX 398
RIVERHEAD, NY 11901
Zip No.
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11436rC584
STATE OF NEW YORK, COUNTY OF SUFFOLK, ss.:
On the /~day of k~eclt , 199-""" before me personally came
BEVERLY J. HALLOCK, to me known, who, being by me duly sworn, did
depose and say that she resides at No. 18 South Street, Greenport,
New York 11944, that she is the president of the NORTH FORK
HOUSING ALLIANCE, the corporation described in and which executed
the foregoing isntrument; 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 order of the board of
directors of said corporation, and that she signed her name
thereto by like order.
d.&.~ A~~
Notary Public
ARLENE B. LOMBARUI
Notary Public. State of New Yorll.
No. 7687450
Qualified in Suffoik ~c:"r 9~
Commission Expires Sept .
"
. TP-584 (4/89)
New York State
~. Department of
:w Taxation
. 01, and Finance
New York 'State
Combined
Real Property Transfer Gains Tax Affidavit
Real Estate Transfer Tax Return
Credit Line Mortgage Certificate
For departmenl u.. only
See instructions rTP-S84-1} before completinQ this form
S h I
c edu e A - Information Relatina to Convevance Social security number
Please print or type Name
(Transferor/grantor) TOWN OF SOUTHOLD I I I
Address ZIP code Federal ernpJoyer identification number
53095 MAl N ROAD, SOUTHOLD, NEW YORK 11971
Name Social security number
(Transferee/grantee) NORTH FORK HOUSING ALLIANCE I I I
Address ZIP code Federal empioyef idemtification number
18 SOUTH STREET, GREENPORT, NEW YORK 11944 1
Location and description of property conveyed
Tax map designation Address CityNillage Town County
1000-48-2-26 Flint Street Greenport Southold Suffolk
Type of property conveyed
(Check applicabfe box)
1 0 , . 3 family house
2 0 Residential cooperative
3 0 Residential condominium
4 [i] Vacant land
5 0 Other
Date of conveyance
I 04 04 I 91
Condition of conveyance (Check all that apply)
a. _ Conveyance of fee interest f.
month
day
Percentage of real property
conveyed which is residential
real property %
ya..
b. _ Acquisition of a controlling interest (state
percentage acquired %)
c. _ Transfer of a controlling interest (state
percentage transferred
d. .xConveyance to cooperative housing
corporation
%)
_ Conveyance which consists of a mere
change of identity or form of ownership or
organization
(ANach Form TP.584.1. Schedufe F)
g. _ Conveyance for which credit for tax
previously paid will be claimed
(Attach Form TP-584.1. Schedule G)
h. _ Conveyance of air rights or development
rights
i. _ Contract assignment
j. _ Option assignment or surrender
k. _ Leasehold assignment or surrender
I. _ Leasehold grant
m. _ Conveyance of an easement
n. _ Conveyance for which exemption from
transfer tax is claimed. (Complete
Schedule C. Pan III)
o. _ Conveyance by gift
p. - Conveyance of property partly within and
partly without the state
q. _ Other (Describe)
e. _ Conveyance pursuant to or in lieu of
foreclosure (Atrach Form TP-584.1. Schedule E)
Schedule B - Real Property Transfer Gains Tax Affidavit (Article 31-B of the Tax Law)
o Check this box if a Tentative Assessment and Return is being flied with respect to your current transfer, and proceed to Schedule C
without completing the following affidavit. Also, enter the assessment number shown on the Tentative Assessment:
I (we) certify that: (check appropriate box)
o
The transfer of real property 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.
2 0
The transfer is a transfer of real property where the consideration is less than $500,000 and which is neither (A) pursuant to a cooperative or
condominium plan, nor (8) a partial or successive transfer pursuant to an agreement or plan to effectuate by partial or successive transfers a
transfer which would otherwise be included in the coverage of Article 3t.8 of the Tax Law.
3 0
The transfer is a transfer of real property by tenants in common. joint tenants or tenants by the entirety where the aggregate consideration is
less than $500.000. (All such transferors must sign this form.)
The conveyance is not a transfer of real property within the meaning of section 1440.7 of Article 31-8 of the Tax Law. (Attach documents
supporting such claim, and sign on back as required.)
4 0
5 0
The transfer of real property consists of premises wholly occupied and used by the transferor exclusively as his residence. including a
cooperative apartment or condominium occupied by the transferor exclusively as a residence. (This exemption may only be claimed by an
individual. estate or trust.)
6 GCI
The governmental entity (transferor) is the State of New York, or any of its agencies, instrumentalities. political subdivisions, or public
corporations. including a public corporation created pursuant to an agreement or compact with another state or Canada.
The governmental entity (transferor) is the United Nations or any other international organization of which the United States is a member. the
United Slates of America or any of its agencies or instrumentalities.
7 0
Schedule C -Real Estate Transfer Tax Return (Article 31 of the Tax Law)
Part I - Computation of Tax Due
1 Enter amount of consideration for conveyance. (If you are claiming a toral exemption from tax. enter consideration
and proceed to Pan 1/1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Continuing lien deduction (See instructions if property is taken subject to mortgage or lien). . . . . . . . . . . . . . .
3 Taxable consideration (Subtract line 2 from line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Tax due: $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 fine 5 from line 4) . . . . . . . . . . . . . . . . . . . . . . . .
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 (same as amount in Part I, line 1) . . . . . . . . . . . . . . . . . . . . . . . . ffi ~
2 Taxable consideration (Multiply Nne 1 by 'he percenrage of rhe premises which is reSidenNal ,.al property) (see ins'roc/ions) 2
3 Total additional transfer tax due. (1010 of line 2) . . . . .. .............................................. 3, -0-
* Please make check{s) payable to the county clerk where the recording is to take place or the Department of Taxation and Finance if
payment is being made directly to the Tax Department.
For recordmg oMlcer"s use Amount .... Part I $ Dale receive'd[rransaCliO_".".umbe..'
received r Part II S
1 -0-
2 )
3
4
5 1
6
.
TP-584 (4/89) (back)
Schedule C - (continued)
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 Stales 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 0
b. Conveyance is to secure a debt or other obligation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 0
c. Conveyance is without additional consideration to confirm, correct. modify or supplement a prior conveyance. . c 0
d. Conveyance of real property without consideration and otherwise than in connection with a sale, including conveyances conveying
realty as bona fide gifts...................................... .......... ........................................ dl(]
e. Conveyance is given in connection w1th a tax sale. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . eO
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.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
g. Conveyance consists of deed of partition.
h. Conveyance is given pursuant to the federal bankruptcy act . . . . . . . . .
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 0
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 his personal residence and consists of a
1, 2, or 3 family house, a residential individual 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 unit. . . . . . . . . . . . . . J 0
k. Other (attach explanation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - . . . . . . . . . . . k 0
Schedule 0 - Credit Line Mortgage Certificate (Article 11 of the Tax Law)
Complete the following only If the interest being transferred is a fee simple interest.
.....10
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....hO
I (we) certily that: (Check appropriate box)
1 0 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.
The real property being sold or transferred is not subject to an outstanding credit line mortgage.
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:
o 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 prior to the transfer;
n The transfer of real property !s (A) to a person or persons related by blood. marriage or adoption to the original obligor or
to one or more of the original .')bligors Qr (B) to a person or entity where a majority of the beneficial interest in such real
iJroperty after the transfer is held by the transferor or such related person or persons;
2 KJ
3 0
C The transfer of real property is a transfer to a trustee in bankruptcy, a receiver, assignee or other officer of a court;
C Other (attach detailed explanation).
4 f( The real property being transferred is presently subject to an outstanding credit line mortgage. however, no tax is due for the
following reason:
o A certificate of discharge of the credit line mortgage is being offered at the time of recording the deed; or
o 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.
5 0 The real property being transferred is subject to an outstanding credit line mortgage on record at
(insert Iiber and page or reel or other identification of the mortgage). The maximum principal amount expressed in 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.)
Signature and Affirmation (Both the transferor(s)/grantor(s) and transferee(s)/grantee(s) must sign).
The undersigned, being duly sworn, depose and say under penalty of perjury that the above return, including any affidavit. certification,
schedule or attachment. has been examined by the undersigned, and is. to the best of his/her knowledge, true and complete and made
in good faith pursua to Articles 1 , 31 and 31-8 of the New York State Tax Law.
Title
TransfereeJgranlee
Title
Scott L. Harris
Supervisor
Beverly J. Hallock
President
Nortfork Housing Alliance
Town of Southold
Subscribed to and sworn belore me
Subscribed 10 and sworn before me
t$K~aY~ (;,i1
19 91
11\ (1.~ ~
,
this
day of
.19_.
Slate 01 ...J\leW. Y n ~ k MRlKEW G. KIERNAN Slate 01
NOTARY PUBUC. S_ of _ Yodl
S ff I k No. 3CHI1817B
County of _~ 0 ._' aueua-dInNuaauCountv County of .
C&..._' . - -""""'0, ,.
Reminder' Oid yOU compl~te all of the required information in Schedules A and B? Were you required to complete Schedules C and O?
II YuU <hecke.j _, , and g in Schedule A, did you complete Tp.584.1? Have you attached your check(s) made payable to the
COUlIl)' clerk where recording Will take place or the Department of Taxation and Finance if payment is being made directly to
the Tax De;partment?
,. .
'r
TP-584 (4/89)
New York State
.'~.' Department 01
Taxation
. a and Finance
New York Stale
Combined
Real Property Transfer Gains Tax Affidavit
Real Estate Transfer Tax Return
Credit Line Mortgage Certificate
For department u.. only
See instructions (TP-584-l) before completing this form
Schedule A - Information RelatinCl to Convevance
Please print or type Name Social security number
(Transferor/grantor) TOWN OF SOUTHOLD I I I
Address ZIP code Federal employer idenlilicalion number
53095 MAl N ROAD, SOUTHOLD, NEW YORK 11971
Name Social security number
(Transfereelgrantee) NORTH FORK HOUSING ALLIANCE I I I
Address ZIP code Federal employer identification nurnbet'
18 SOUTH STREET, GREENPORT, NEW YORK 11944 1
Location and description of property conveyed
Tax map designation Address CityNillage Town County
w/s/o Walnut Avenue, Mattituck Southold Suffolk
1000-142.00-01.00
012.00
Type of property conveyed
(Check applicable box)
1 0 1 . 3 family house
2 0 Residential cooperative
3 _0 Residential condominium
4 lSJ Vacant land
5 0 Other
Date of conveyance
I 04
month
04
day
91
yea'
Percentage of real property
conveyed which is residential
real property %
Condition of conveyance (Check all that apply)
a. _ Conveyance of fee interest f.
b. _ AcqlJisiUon of a controlling interest (state
percentage acquired %)
c. _ TransfEfr of a controlling interest (state
percentage transferred
d. ....xconveyance to cooperative housing
corporation
e. _ Conveyance pursuant to or in lieu of
foreclosure (Attach Form TP-584. f. Schedule E)
%)
_ Conveyance which consists of a mere
change of identity or form of ownership or
organization
(Attach Form TP-S84.1. Schedule F)
g. _ Conveyance for which credit for tax
previously paid will be claimed
(Attach Form TP-S84.1, Schedufe G)
h. _ Conveyance of air rights or development
rights
i. _ Contract assignment
j. _ Option assignment or surrender
k. _ Leasehold assignment or surrender
r. _ Leasehold grant
m. _ Conveyance of an easement
n. _ Conveyance for which exemption from
transfer tax is claimed. (Complete
Schedule C. Part III)
o. _ Conveyance by gift
p. _ Conveyance of property partly within and
partly without the state
q. _ Other (Describe)
Schedule B - Real Property Transfer Gains Tax Affidavit (Article 31-B of the Tax Law)
o Check this box if a Tentative Assessment and Return is being flied with respect to your current tnln818r, and proceed to Schedule C
wllhout completing the following aHldavlt. Also. enter the assessment number shown on the Tentative Assessment:
I (we) certify that: (check appropriate box)
o The transfer of real property 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.
2 0 The Iransfer is a transfer of real property where the consideration is less than $500,000 and which is neither (A) pursuant to a cooperative or
condominium plan, nor (8) a partial or successive transfer pursuant to an agreement or plan to effectuate by partial or successive transfers a
transfer which would otherwise be included in the coverage of Article 31-8 of the Tax Law.
3 0 The transfer is a transfer of real property by tenants in common. joint tenants or tenants by the entirety where the aggregate consideration is
less than $500,000. (All such transferors must sign this form.)
4 0 The conveyance is not a transfer of real property within the meaning of section 1440.7 of Article 31-8 of the Tax Law. (Attach documents
supporting such claim, and sign on back as required.)
5 0 The transfer of real property consists of premises wholly occupied and used by the transferor exclusively as his residence, including a
cooperative apartment or condominium occupied by the transferor exclusively as a residence. (This exemption may only be claimed by an
individual, estate or trust.)
6 ~ The governmental entity (transferor) is the State of New York, or any of its agencies, instrumentalities, political subdivisions, or public
corporations, including a publiC corporation created pursuant to an agreement or compact with another state or Canada.
7 [J The governmental entity (transferor) is the United Nations or any other international organization of which the United States is a member, the
United States of America or any of its agencies or instrumentalities.
Schedule C -Real Estate Transfer Tax Return (Article 31 of the Tax Law)
Part I - Computation of Tax Due
1 Enter amount of consideration for conveyance. (If you are claiming a total exemption from tax. enter consideration
and proceed to Part /1/) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Continuing lien deduction (See instructions if property is raken Subject to mortgage or lien) .
3 Taxable consideration (Subtract line 2 from line 1) . . . . . . . . . . . . . . . . . . . . . . . . .
4 Tax due: $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 5 from line 4). . . . . . . . . . . . . . . . . . . . . .
Part II - Computation of Additional Tax Due on the Conveyance of Residential Real Property for $1 Million or More
1 000000000 00
2 )
3
4
5 )
6
Enter amount of consideration for conveyance (same as amount in Part I. line 1) . . . . . . . . . . . . . . . . . . .
2 Taxable consideration (Multiply fine 1 by the percentage of the premises which is residential real property) (see instructions)
3 Total additional transfer tax due* (1% of fine 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . '.' ~." . .
"Please make check(s) payable to the county clerk where the recording is to take place or the Department of Taxation and Finance if
payment is being made directly to the Tax Department.
For recorcMg offlcer's use Amount IIiIr... Part I $
received r Part II S
1
2
3 000000000 00
Dale received
r,"nsact~::umba'
TP-5B4 (4/89) (back)
Schedule C - (continued)
Part III - Explanation ot 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) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .... .. . . . . . aD
b. Conveyance is to secure a debt or other obligation. ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 0
c. Conveyance is without additional consideration to confirm, correct. modify or supplement a prior conveyance.. ......... . . c 0
d. Conveyance of real property without consideration and otherwise than in connection with a sale, including conveyances conveying
realty as bona tida gifts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d [1J
e. Conveyance is given in connection with a tax sale..... ................................ . eO
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.) . . . . . .
h. Conveyance is given pursuant to the federal bankruptcy act. . . . . . . . . . . . . . . . .
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 0
j. Conveyance of an option or contract to purchase real property with the use or occupancy ot such property where the
consideration is less than $200.000 and such property was used solely by the grantor as his personal residence and consists of a
1,2, or 3 family house, a residential individual 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 unit. . . . . . . .
k. Other (attach explanation) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule 0 - Credit Line Mortgage Certificate (Article 11 of the Tax Law)
Complete the following only It the interest being transferred is a fee simple Interest.
I (we) certify that: (Check appropriate box)
1 0 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.
The real property being sold or transferred is not subject to an outstanding credit line mortgage.
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:
.to
....gO
.... hO
g. Conveyance consists of deed of partition.
..10
....kO
2 ex
3 0
c
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 prior to 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 .')bhgors or (B) to a person or entity where a majority of the beneficial interest in such real
iJroperty after !he transfer IS held by the transferor or such related person or persons;
The :ransfer of real property is a transfer to a trustee in bankruptcy, a receiver, assignee or other officer of a court:
n
c
C Other (attach detaiied expianation).
4 ,-, The real property being transferred is presently subject to an outstanding credit line mortgage, however, no tax is due tor the
following reason:
o A certificate of discharge of the credit line mortgage is being offered at the time of recording the deed; or
o 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.
5 [J The real property being transferred is subject to an outstanding credit line mortgage on record at
(insert liber and page or reel or other identification of the mortgage). The maximum principal amount expressed in 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.)
Signature and Affirmation (Both the transferor(s)/grantor(s) and transferee(s)/grantee(s) must sign).
The undersigned, being duly sworn, depose and say under penalty of perjury that the above return. including any affidavit. certification,
schedule or attachment. has been examined by the undersigned, and is, to the best of his/her knowledge. true and complete and made
~~";;tI~S 11. ~1 and 31-B of the New York State Tax Law.
Transferor/granlor Title Transleree/grantee Title
Supervisor
Beverly J. Hallock
Northfork Housing Alliance
President
Scott L. Harris
Town of Southold
Subscribed to and sworn be/me me
thiS.4-, ,I day 01 ~ TJ
#f-ili::il C-<..) G . K-l 0 ^ ~
I ~G.~ERNAN
Statoof New York _ai_YOlk
-- - ---- 30 1011'!uM
Qustl!led In_
County of __SJ.Iffol k ___ _ Commissior. Expires March 8. 991 County of
Reminder Oid yOU compl~te all of the required information in Schedules A and 81 Were you required to complete Schedules C and D1
If Yvu c.hecked ~. rand g in Schedule A, did you complete TP-584.1? Have you attached your check(s) made payable to the
COlllll)' clerk Ywhere recording will take place or the Department of Taxation and Finance it payment is being made directly to
the Tax Department?
Subscribed 10 and sworn belore me
19~
thIS
day at
.19_.
Slate of
o
..,.....
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,I)
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1 \0 ;
\)}1\
v
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.1',-
DISTRlcr
1000
SECI'ION
048.00
BLOCK
02.00
Im
024.000
. CONSULT YOUII LAWY.I I.,OI.IIGNING THIIINI11lVMENT-l1lIIINST8UMDn IHOULD I' USED IT LAWY.II ONLY.
11436rC586 . d;
nus INDEN'IURE, mad. the 11- day nf r~J.-
~2~'):_':J
[(p
. nintt..u bundrod Rl1d ninety_
BEIWEEN the TOWN
County of Suffolk,
York 11971,
OF SOUTHOLD, a municipal corporation of the State of New
having its principal office at 53095 MainRoad, Southold,.
..-" T,;;.,,:lb
U
York,
New
,
j
~.
,,'
party of tho firal part, and the NORTH FORK HOUSING ALLIANCE,
at 18 South Street, Greenport, New York 11944,
:\
1 ; : '
~ I.
.\ F;.."': ".( III'/... i\
.. ,:', d-,:ri' ',(
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("" 'Iill"
11._ .', I .."oz,...........-.-'-
""....m.n...........'."',....~~ . .,;0"':"""" .
having its principal office
22593
party of tho oecond part,
wrrNESSETIf, that the party of the first part. in consideration of O)'\.~ cLol Ieif'
dollars,
lawful money of the United States,
paid
by the party of the Sealnd part. does hereby remise, release and quitclaim unto the party of the second part,
the heirs or successors and ....igns of the party of the oemnd part forever,
ALL that certain plot, piece or patcel of land, with the buildings and improvements theteon ereeled. situate.
lying aud being in the Town of Southold, County of Suffolk and State of New York, and
acquired by Tax Deed on May 14, 1987, from the County of Suffolk, New York, and
recorded on May 14, 1987 in Liber 10318, Page 541, and otherwise known as and by
Town of Southold, Greenport Driving Park Map 369, Lot 83,
FURTHER, notwithstanding the above description, it is the intention of this
conveyance to give title only to such property as was acquired by the Town of
Southold by Tax Deed on May 14, 1987, from the County of Suffolk, New York, and
recorded on May 14, 1987 in Liber 10318, Page 541.
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 6402 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 hereinbefore 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;
2. If the party of the second part sells or otherwise transfers an affordable
housing unit or units to a purchaser or purchasers whose total annual household
income, from all sources, is above the maximum income limits for non-targeted
areas in the State of New York Mortgage Agency's Affordable Housing Program for
Suffolk County;
11436PC588
TOGE'I1IER with all right, title and interest, ilany. of the party of the fint part in and to any streets and
roads abutting the above delCribed premise.s to the center lines thereof,
TOGE:I1IER with the appurtenances and all the estate and rights of the party of the firat part in and to
said premises,
1'0 HAVE AND TO HOLD the premi.... herein granted unto the party 01 the second part, the heirs or
successors and usignl of the party of the second part forever.
AND the part)' of Ihe first part, in complianc:e with Section 13 nl the Lien La..., hereby covenants that the party of
the first part wl1l receive the eOlllideration for thi. conveyanee and will hold the right to recei.e such eonsld-
eratinn as a trust lund to be appliod first for the purpose of paying the cost of the improyement and will apply
the lllUJIe first to the payment of the eolt of the improvement before using any part of the total of the same for
any other purpose.
The word "party" shall be eonstrued aa if it read ..parti..... wbene.er the sense of this indenture 10 requires.
IN WITNESS WHEREOF, the party of the first part has duly execulod this deed the day and yut first above
wrillen.
IN FauKNCIt 01":
'IDWN OF SOUTHOLD, NEW YORK
By:~~~1 di..
Scott L. ar is, Supervisor
-
, President
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11436rG590
ITA.TI 01' NIW YOlK, C~ 01'
On the day of
PCT10nally came
19
... ITATI"OI' 111_ TOIK, COUNfT Of'
, before me Oa the day of
pel'lOoal1r ame
19
t belore me
"
10 m. known 10 be the individual
executed. the foregoing instrument,
executed the same.
descn'bed in and who
and acknowledged that
.TAft o. NIW YO-.. COUMTY Of Suffolk "I
On the / /1;}.. day of Ge..lom Ml\A.l19 9"]/, before me
personally came SCOTT L, HARRIS
to me k"TIOwn. who. being by me duly sworn, did depose and
sar that he reside. at No. 53095 MAIN ROAD, SOUTHOLD,
NY 11971,
th,t he i. the
of THE TOWN OF
Supervisor
SOUTHOLD, NEW YORK
, the corporation described
in and whieh executed the loregoing instrument; that h.
knows the seal of said corporation: that the seal affixed
to said instrument is suth corporate leal; that it was RO
affixed by order of the board of directors of said eorpora.
tion, and ~H ~iSG~e k-:::~er.
UATTHEWo.llIEIlNAN
~ /UJGct, Slar. oINn Va
a.u:....I7I
c:.r'"'- ......~
'III\ElFhI...... ..
TITLE No,
. eulklaim :JIulJ
TOWN OF SOUTHOLD, NEW YORK
NO~TH FORK HOUSING ALLIANCE
TO
STANDARD roa.. Of NfW yoaK IO,,_D O' Tml UNDllWatllU
IHnrih.rd "
TIlE TInE GUARANTEE COMPANY
II
..,
to me known 10 be the individ.w
executed the foregoing instrument.
eucuted the same.
desen'bed In and who
and acknowlodged that
ITAft OF Ill_ YOlK, COUIlITY O' ...
On the day of 19 , befote me
personally came
the subscn1ling w;tness to the foregning Instrument, with
whom I am personally acqUllinted, who, being by m. duly
sworn, did depose and say that he resides at No.
that he knows
to be the individUllI
deseribed in and who executod the foregoing instrument;
that he, said subscribing witness, w.. present and saw
execute the earne; and that he, aid witness.
at the same time subsen'bed h name u w;tne.. thereto,
socnON
ftLOCIl
I.OT
COUNTY Ok TOWN
Itecorded A.t ...quea: eI The 1'1I~ C..n.."'C' CotOpell.J
lUtI1JaN BY',MAlL TO:
p, EDWARD REALE
TWOMEY, LATHAM, SHEA & KELLEY
33 WEST SECOND STREET, PO BOX 398
RIVERHEAD, NY 11901
Zip No,
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. I 11436ri576
,,~,".I.-" II~ .,..
i
....__ the TCIWN 0' SOUTHOLD. a -.JfticilMl corporation of th. Stat_ of .... Tort..
eau.~ of SUffolk. havinq itm princip.l office at 5)095 MainA~d. SouChold. ....
'rod: 11'11.
)~ ._......... .,..ty.;;"
'..
~9'i'
,...,............... tM -lIO'n1I P'CRK H:KJSIOO ALLIAI'JCE. bavino it_ principal oU1e.
at: l' South Str..C. Cl'e.npon,. ",,"w York 11S.'.
-............
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.. onc dolla....
....."....-.&...... 6eJlUl'1 01 the b.-rt. ill
..
.....
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., dol _ .. ... ... ..... .... ....., ........ ..- ... ...-w- - lloo pony of "'" .... .....
tie"'" _ _ ... ...... '" dlo _....... ............
AIL dill Cft'IMtlI pial. piect .. ,-ftd .. ..... witta ChI: -'1dinIs .... b....._
'1 tbumn endelI. .....
.,............the .r,.wn ot ;.OlJthold, County of Suffolk and Stat. of N..v York. and
ac:quareod by T,",x r.-...tt en April 5. 19"9. trocn th.. CC"ul''Il.I of Suffolk. I:....., York. and
lKOt'd.d on Apri! '5, 19~Q i~ Li~r .;.08](\, p&Q. ]4. and otherwise '..nown as and by
Town of South.,ld $C'h :'~~t ~ N-V TC'o.tr1,:,k E-Aqway Inc. S-Oak PI W.J '.1 Nl.n..
FI~~. notv1th~t~n1inq th- ftC~V~ d_~r.rj~ft~n. it i. the int-ntion of thi_
con~.yane. t~ Qiv- tlt)- only ~~ ~u~h prop~lry a~ we. aequir~d by th4 Town of
$outhold hy T.ue r-_d on 1-pail S. J~RQ. from th- C'ounty at Suffolk. NfIow Y"rk. ar.J
ucoldflod en April ':>. }QFlQ in Li.~l 10R]0. P"Q" 34.
PItOVtDED. ~v~r. th..t. th_ party ot the 't.eond part. -Ul ~ r~.trict.d in it.
u.. of t~ .uhj_ct pl'~mi~-~ ..nd will u~. ~aid pr.mi~~. .ol.ty and ~xclu.ivelv
for Ilffc.ldAbh' h....'!'Iln" (.,u,...,~-~: ,.II rtoht. tltl~. and int.r....t vill r.vert rr)
the party of th.. fH~~ P"lt. ...t th... sol_ option of t!1. party of "=h. first p8lt;.
in tM ~"'nt th,'It th~. :"'IIty of th_ to_co:>>nd part. ..t any ti.., u..tI or attltfllPt. to
u.. ..l~ .ubj_r.t pr-mis_~ for olh~r thah affordable hau.ing pc~..tI. In
.ecordanc. with th- "rpl~v.-d plan subm:tt~ by the party of the ..cend part.
The r.v.rt~r r.1 u~_~ e~nt..in_d h_r_tn .hall apply to th. 9ranCe.. or any
tran.'.r-. hnm th_ ..,r...nt.... ft)"",",d p'u~\:,.'nt tn Artict.. XIX. Ioftordftbl- K~
awn",r:phlp [)Io'I"_lo~nt 1'107r""" ~f th_ Pr''141te Hou.lnq Finane'" tJtw of 1'h.. State of
New York. or a not-fnr-prnfit corporatiC':. fot1lWd under 5402 of the
!tot.for-Prl !it CorporatIon Law for affordaolf' hOl.:.inq purpo....
Additionally. if anyone or ~r' of th. fetl~tnQ occur.. the pr~rty ..eured
by thi. d.~ .nall r...."'rt u h~~'elnbeofore .et lC'rthl
1. tf the party of th~ ._eond part
of .ffot'deb~-" hC'us1nt;i unit ?r unit.
the dat. of thi. d~. I:
t~~l~ to ~on.truct or comp..t. con.truction
~n .aid pre~rty within three ()1 year. tr~
I
2. If th_ r",rry of h... ,.._"~ncll""rt !.o",lh ('I' l..'h_rwh_ tranaf_,. I1n I1rrrrdable
hou.tnq unit at' unit:'l 1'" ~ p'n.d"~I!'.t or purtha....r'. who.. total annual hOoJ!lehold.
incC8'e. hClftt all .0000ut('"~' i:\ .sl''''..... t~~ IlI-1xir'IUr.I tncC'lM' liftlit!' fer n::on-~Ilro.t.d
.r..... in th_ !:f"t- r-t II"''''' Y.....lk H:-ltQ"'~. .A.a.n.-)", .A.ll::t~...cl_ No:::"uln1 Prr!9t&ft1 fer -
Suffolk Coun!)':
'l'r 11436Pb577. '"--:;;;!~'"
i '.; tM put.y of toM .<<or:d ~t't ~K'ljU the affordable IIawllft'\l' ualt or utdu to M oertW':,
"'".: -..lly wht'... local 11I'''l1l1al lr.c~. lrrwt all ."'.rt'... I- lIboY" ttl. ~.l"'''' tneClW ll~lt. i;;;
~Jt'O'!.t..rv-t-.J .''1'''''11 ..r tn. St.~. 01 ~I~" l~rk Mcrt.,ao" .\Qftlr.y'" AftoC'dabl. "OU..~~~ r:~f'U fo
~tro)l;. Count.YI
c. It the ...art.l cf to!':. IIK~:l.:5 pU'~ ;fo~:""1I !.h. to:....1 p..;re!':a_ ~r:,=" ".r ~.,,:,!,: ..~:'::~~:.:~
Uft,ir. to ...e~d tt.t' r.UlII e! ()nl!' 'hr.dt.d Thou.and Oclhcp (Sl()O.or"O.r.~,l:
S. It t1. put.y"f Ih.. .",,"nl't rArt f.1J~:, c-f'rtlfy 1.1' th_ :JUrfdl_ COI.l.,ry ~P<'Cl Iflt ot
C~lnlt( [\foY.l'",-r.T. rrlor t.. r:I".II"Ot'r. tltl. ..I'~ .IllY aff,rd"bl.1 tU'II..lnQ ~unt...,
.. tn. d.t~.. r:;f C"""'f'lN 1-11"1 an-1 o~';"I".ncy fe.t' ..rlY a(fot Ib1.. ht)U.lnQ unl!; or unl~.
CDn:Jtruct.-1 e: r..hAbllltll".,1 "':1 saj,j .,rCrer"'"i;
bl t". t.;ot.: !"."1t=!':.:-11 ;l"iI:alN", f!'~ ..1: #:-',1' t'';, ,'! t.... .._::-:,...u~..': " ..
p~rty lIr.d hi.. or h..r 1411':/'." and
;.:.:~ ~
et t~e :~.~l r~reh.s. ~rlce ~f :~. a!:~rd.~:. houclnq u~l: ~~ ~~l~$ F~'4 .. :~~~:w1"
tnnahrT..:! '
,,~~
It il:, lnt.nMd a~d ...,r..~'" !.ha' thO!' ,J,,,!',"-r:!!:ll a~ 1 ::~'J.r.,,~t.. t:er..Ul .!'I.ll t... ee'''..~a~t. rlllllt
with th~ 1an'" an~ !.h\~ " , ~~\Il, In .nv ~vent. A~j wlth~~t r~.rd t~ t..~hn~e.: cl...lflca
or ~.iQ1'l.rl"'n. IfWl": l':r ,'t!"~lS", I.n-: ..,,":'..,.. ,-n:}' ",~ I'=~UIC"I:Y rrovt"""" ;...r..ll1. bot to
tut! i!'xtpnt r..r...:I....1 r,.,' hw, rln11r., !Gr '-~,. b<-ru'Ut .,,1 In f.'Jer or. lI!"olI .~fer:"lItlle by.
rarty .,~ t".f' fir..!. rtrl, :~:~ !~l!'''''r '11'..1..1'1':'':'':1'1 t!'\..t /C'lel': a.,r.~t.'l and C'c"'~..nt. _"-11-
b.lnoj1~a on1; :;r'~:'l t~.. r.''''Y :~ t:... F"':''7n.1 ..J:'!.. d It ~.. a llU!':.:C"~Pllllty ,:,r any ...1Q::H or
party .,f the; ",,=,:;,,.J p;'lr!.. !7l"'~....j unl"J"!' ~r:i"l. X:X ~-! :he Pr1".:. MO'fl;:1n.; Hna",:e La.. of t!I
stat of N_ Ycrll:, cr any Io:!~d ,Ie 1':0<;..1n.., cC'rp,)ratl:n cr'-lItf"'! ur:.~..r "rt~el... l~A and 15.
thot a.n..r_1 M:Jn -ipa, :i1"o1 'f .~.. !:~_tf' t.1 f:_ Y:1lr.. -:or _ny ner-for p:'c..fll cOlpar_tion f,,~
un::!for '40"2 o( tr,.. IIOf f...r. rrc.tll Cnrrt,r"~ . ('In uw tor .(~~rd.t.J. hou_lno' pur po.... r.-peett.,.
only tot '-JI'"ft '"1'1''''''' ... l"fIY ah..ll tt\v.. tille tn or _n lntf'no.' in ,'f ~0-...~1on of tbe
pr~rty or part h~rf'rr.
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