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HomeMy WebLinkAboutL 8099 P 214 Snnd.rd N.Y.B.T.U.Fm sun+7A2,7M—Bugain and Sale Deed.with Co tarot against Gmaott Acv—indw Uil oa C�oip rinmA . /,. / CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.. ' UBEf C?1/i7J rAG_�1 nM INDENTURE,made the 27th day of August nineteen hundred and seventy—six 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 620 Hempstead Turnpike, Elmont, New York 11003 00 .,oT it T err— nu u LOT L._ party of the first part, WILLIAM A. HOSTED and HELEN HOSTEK, his wife, both 'residing a1 ' t } 33-09 159th Street, Flushing, New York 11358 0 party of the second part, 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 assigns of the party of the second part forever, 3 1 ALL that certain plot, piece or parcel of land, w1dD" NlNhWsituate, 1 lying and being imft at East Marion, in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot Ivo. 113 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 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. 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 at page 489. I The developer shall retain the right, subject to approval of the Town of Southold, to: I 1. Maintain sales signs on the property, other than Lot No. 113. 2. Maintain sales office on the property, other than Lot No. 113. 3 . The developer, its heirs or ssigns, reserves the right to add not more than thirty (30) los on land directly East of the subject property. The owner of those lots to have the privilege to use the streets and beach shown on the said map of Pebble Beacl Farms, providing pro rata contribution is made by such users for the maintenance, up—keep andlmanagement of those facilities. The rights enumerated in Items lj 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 centerlines 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 par forever. his conveyance is made Ni the regular course of business actually conducted by the party of the first pert. ; ' ' s. AND the party of the first part covenants that the palmy 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, l 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 day and year first above written. ,f t IN PRMENCE OF: T ! ty jr- r,� PEBBLE BEACH REALTY, INC. , by: LTi , b J. J. 15onoxeah, President , ••F•"�• r� �'s , :;:.0 w. .. ._ .. u.Y nao-n,u;✓�,r3#ia."ri .4au+t.,.h.ui �, " i v s G C v � LESfER M. ALBERTSOf+i ; t'Y, t��vg,