HomeMy WebLinkAboutL 8397 P 453 Standard N.Y.s.T.U.Form EW2•7.A70M—Bargain and Sale Dead.with Covenant against Grantor's Acts—Individual or Corporsrioo (Single rhm) I
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CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
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' LIBER 8397 PACE 453
YrS THIS INDENTURE,made the 2nd day of March , nineteen hundred and seventy-eight
N BETWEEN
PEBBLE BEACH REALTY, INC., a corporation organized under and existing
by virtue of the business law of the State of New York, having its
principal office at 62D Hempstead Turnpike, Elmont, New York 11003
b4r� ,F I LOT
t"--- w r
� r, partx of the first part, andI ' '� � �I t�� �II�`.�
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JOSEPH SCHOENSTEIN and LINDA SCHOENSTEIN, his wife, both residing
at 35 Magnolia Drive, Selden, New York 11784
s
party of the second part,
J I VIVfPNFS LTL that the party of the first part,in consideration of Ten Dollars and other valuable consideration
paid by the party of the second part, does hereby grant and release 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 pared of land, XW*Jhe xadc' tllarszeDtstarottxbt situate,
lying and being imx1SFx at East Marion, in the Town of Southold, County of
Suffolk and State of New York, known and designated as Lot No. 2 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.
DIST. SUBJECT TO the provisions of a Declaration recorded in the Suffolk
County Clerk ' s Office on June 11, 1975 at page 09, in Liber 7855, as
amended by Liber 7914 page 40 and Liber 7969 page 272.
BEING AND INTENDED TO BE part of the same premises conveyed to the
SEC. grantor herein by deed dated October 31, 1972, and recorded in the j
Suffolk County Clerk's Office on November 10, 1972 in Liber 7279
i at page 489.
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The developer shall retain the right, subject to approval of the Town
of Southold, to:
BLOCIK 1. Maintain sales ert the on signs property,g p p y, other than Lot No. 2.
2. Maintain sales office on the property, other than Lot No. 2.
3 . The developer, its heirs or assigns, reservgs the right to add
not more than thirty (30) lots on land directly East of the
subject property, The owners of those lots to have the privilege
LOT 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
3 the maintenance, up-keep and management of those facilities.
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 wkh 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.
This convevancc is made In the reptilar course of bus?ness actually
conducted I•, t"c ;::;t r' i''e iir3t raft.
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 Taw, covenants that the party of
O 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
Nj 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.
IN WITNESS WHEREOF, the party of the first part has duly executed this deed the dry and year first above
written.'
IN PRESENCE OF:
1'
PEBBLE BEACH REALTY, INC., by:
t
ac"-: Peters, President-73�_ ,, -
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(� "� R D Fa MAR 7. 1978 ARTHUR J. FELICE