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HomeMy WebLinkAboutL 8509 P 561 ? 01- azo, WCB2 LL Sundnd N.Y.B.T.U.F...8002• -Bargain and Sale Died, whh Covenms agaimr Gu, wor'a Ans—Individual or Corpora ion(single n) 41, CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. Jy��Fe LIBERS509 PACE561 i THIS INDENTURE,made the 26th day ofSeptember , nineteen hundred and seventy—eight BETWEEN I5, a corporation organized under and existing PEBBLE BEACH REALTY, INC. , by- virtue of the business law of the State of New York, having its principal office a`,20 Hempsteadurnpike, Elmo t, New York LOT l b SACT BLOCK 11003 I�MAAO party of the first part, and 6 17 21 26 [* GEORGE D. ELENIS and EXNKSXX V ILENIS,his wife, both residing at tf; 70 Anderson Avenue, Fairview, New Jersey 07022 C party of the second part, WPCNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration (T/ e Sby grant and release unto the party of the second part, the heirs paid by the party of the second part, does her 4 or successors and assigns of the party of the second part forever, parcel of land, rcitlxle2hn �x04xD°�{ �°� 0t ' situate, ID 1 ALL that certain plot, piece or P =lying and being 3Pxtc at East Marion, in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 43 on ;a certain map entitled, "Map of Pebble Beach Farms, East Marion, Town of Southold, Suffolk County, New York" , and filed in the Office of the Clerk of the County of Suffolk on June 11, 1975 as Map No. 6266. SUBJECT TO the provisions of a Declaration recorded in the Suffolk DIST. County Clerk' s Office on June 11, 1975 in Liber7855 at page 09, as amended by Liber 7914 page 40 and Liber 7969 pa g I (�106 BEING AND INTENDED TO BE part of the same premises conveyed to the grantor herein by deed dated October 31, 1972, and recorded in the Suffolk County Clerk' s Office on November 10, 1972 in Liber 7279 SEC. at page 489. The developer shall retain the right, subject to approval of the Town It2/�O of Southold; -•to: lllJJlIJJ 1 ` . Maintain sales signs on the property, other than Lot No. 43. gi0f;i< 2. Maintain sales office on the property, other than Lot No. 43. 3. The developer, its heirs or assigns, reserves the right to add �` not more than thirty (30) lots on land directly East of the O OU� subject property, The owners of those lots to have the privilege to use the streets and beach shown on the said map of Pebble Beach Farms, providing pro rata contribution is made by such users for LOT the maintenance, up-keep and management of those facilities . The rights enumerated in Items 1 and 2 above shall automatically V terminat at such time that the developer, its heirs or assigns, no longer has any interest in the property shown on the said map. TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances and all the estate and rights of the party of the first part in and to said premises; TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, the heirs or successors and assigns of the party of the second part forevfhfj Cv'"a"an�p IS n'lav0 IR t.-,e regular course of business actua..y the party cf the first part. AND the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said premises have been encumbered in any 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 Avord "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: PEBBLE BEACH REALTY, INC. , by• 1 , s/Jack Peters, President-,,.) ' ARTHUR J. FELICE RECORDED OCT 5 Isle Clerk of Suffolk County