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HomeMy WebLinkAboutL 8115 P 97 9nnd.rd N.Y.B.T.U.Form 00M. 7.7LMMb Bargain and$ate Deed,with Co ennt against Grantors Acre kdtviduat or Corpniarpn(SinFie aBearl P CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—TRIS INSTRUMENT SHOULD RE USED BY LAWYERS OILY. fff 1BrF1$115 ix.l97 OC -THIS INDENTURE,made the 17th day of September, nineteen hundred and seventy-six BETWEEN fi PEBBLE BEACH REALTY, INC. , a corporation organized under and existing 2` by virtue of the business law of the State of New York, having its principal office at 620 Hempstead Turnpike, Elmont, New York 11003• ; ' L'?a'! F?IC'T SECTION BLOCK LOT party of the first part, andO � D7EL) - � e t2 17 LSI �g RONALD V. FEDDERWITZ and LILLIAN P. FEDDERWITZ, his wife, both residing at 22 McConnell Avenue, Bayport, New York 11705 C•'^1 party of the.second part, t� WITNESSETH,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 asogns of the party of the second part forever, ALL that certain plot, piece or parcel of land, wtdlexhntDAk1X� fling and being i>'i of East Marion, in the Town of Southold, County :of Suffolk and State, of New York, known and designates as Lot No. 8 on a •, ; certain map entitled, "Map of Pebble Beach Farms East Marion, , Towo !G , Southold, Suffolk County, New York", and filed in the Office of. the ,Nt Clerk of the County of Suffolk on June li', 1975 as Map Na,�' 6266. SUBJECT TO -the provisions of a Declaration recorded las the Suffo County Clerk's Office on June 11, 1975 in Liber 7855 at patge 09, ais amended by Liber 7914 page 40 and Liber 7959 page ',272. BEINGANDINTENDED 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 at 'page 489. The developer shall retain the right, subject to approval of the Town ' ' of Southold, to: 1. Maintain sales signs on the property, other than Lot No. 8. 2. Maintain sales office on the property, other than Lot No. 8. 3. The developer, its heirs or assigns, reserves the right to add not more" their 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 Beat�r, Farms, providing pro rata contribution is made by such users for 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 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. 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 tyle party of the first part will receive the consideration for this conveyance and will hold the.right to receive Mich 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 sante for any other purpose. The word "party" shall be construed as if it read "parties" whenever the sense of this indenture w requires. IN WITNESS WHEREOF,the party of, ? first part has duly executed this deed,the day Sad year first above written. IN Ya"UNCE OF: r >s BBLE BEACH T7€, INC. ,, ,by.. / < ✓ ^ ` POO J . J. Don v , as ent ....... ..dlL. OM1! x + ..'„ +•tssi..lt w � wPS' LISTER M. ALBERTSON ,IARECORDED/�V WT 1 197$ Cie&of SoffaUC COWAY