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HomeMy WebLinkAboutL 8386 P 498 t St+ed.rd N.Y.d T.U.Fors 402.7.m7 d-Bastin and Sak Dan&with Le.aat against Grata i Acts-indt idnd or Corpwnim is-lie aheecl - CONSULT YOUR LAWYER BEFORE S16NM6 TMS WSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY. �3t o8386.fi%498 THIS INDEL[IlIRE made the 24& day ofFebrtlary , rtinetecn hundred and seventy-eight BETWEEN - --- - - --i - PEBBLE BEACH REALTY, INC., a corporation organized, titi5er and existing by virtue of the business law of the State of New York, 'having its principal office at 620 Hempstead Turnpike, Elmdant, Nett=York 11003 party of the first part, and 7 NICHOLAS MAKROULAKIS and HELEN MAKRomMaS, his wife, both residing j at. 419 Grandview Place, Fort Lee, New Jersey 07024 lel^T?'C'T C7CTiC14 n!OCK LOT party of the second 12 LLJ 17 WlTNES.SE K that the party of the fust part,in consideration of Ten Dollars gin4 other valugble consideration paid by the party of the second.part, does hereby grant and release unto the party of the seed part, the hears or successors and assigns of the party of the second part forever, v ALL that certain plot, piece or parcel of land, vir35c11nr>m[drSmgYxxkiwlrrosoemonbKtla xmgmtdo&situate. lying and being bdAb x at East Marion, in the Town of Southold, County of x\ Suffolk and State of New York, known and designated as Lot No. 62 on a certain map entitled, "Map of Pebble Beach Farms, East Marion, Town of Southold, Suffolk County, New York", and filed in the Office 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 Suffor County Clerk's Office on June 11, 1975 in Liber 7855 at page 09, as amended by Liber 7914 page 40 and Liber 7969 page 272. D:Sr. 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 100 1972 in Liber 7279 IOOO at page 489. The developer shall retain the right, subject to approval of the Town of Southold, to: 30 1. Maintain sales signs on the property, other than Lot No. 62. 2. Maintain sales office on the property, other titan- Lot No. 62. 3. The developer, its .heirs or assigns, reserves the right to add BLOCK not more than thirty (30) lots on land directly East of the subject property. The owners of those lots to have the privilege to use the streets and beach shown on the said map of Pebble Beac- Farms, providing pro rata contribution is made by such users for the maintenance, up-keep and management of those facilities. LOT The rights enumerated .in Items 1 and 2 above shall automatically terminate 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 HOLD the premises herein granted unto the party of th seWnApa the party of the second VIVF nveyance is made In are f the party of the first part conducted hY p AND the party of the first part covenants that the party of the first part has not done or suffered anything CD whereby the said premises have been encumbered in any way whatever, except as aforesaid V)7 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- t 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. 1N WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. •j' i Is ra>:saNC-2 or; ; PEBBLE BEACH REALTY, INC., by: J�esident Per-era", "4 F. J �r RECORDED ARTHUR J. FELICE� •�`' _ __ _ FFR 1t? 1978 Clerk of Suffolk County