HomeMy WebLinkAboutL 8160 P 245 nea ad.rc\. .a..—.�.p„x Eaa . 7.7L70M—dargaln and Sale Deed,with Cnvenam:gaime Gcantex 1 t,—ind:redual ox Cmro.ac,on jtiingle s�ao)
'! Z'6iL5ULt` `.'t"Y;3;iT d.aiL+''aii SIGNING FN35 0N51'itUA5tP:5—.i?z5 HAeSFFeettttN,&dt'i SAQU.o BE USED BY LAWY Q!t 3FdL`t'
l•. THIS INDENTURE,made the 15th day of December , nineteen hundred and seventy-six
BETWEEN
fkf PEBBLE BEACH REALTY, INC. , a corporation organized under and existing
' by virtue of the business law of the State of New York, having its
, vy? principal office at 620 Hempstead Turnpike, Elmont, New York 11003
{`ate party of the first part. and �JO
12
JvS INLAND HOMES PROFIT SHARING RETIREMENT PiiN, having 4ts principBi
office at 315 Westphalia Road, Mattituck, New York 11952
party of the second part,
WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valuable consideratie ri
paid by the party of the second part, does hereby grant and release unto the party of the second part, the he.r:
or successors and assigns of the party of the second part forever,
ALL that certain plot, piece or parcel of land, 2d1hctbx;baikb gxxtx [' a¢m7�esituate,
i,Ang and being 4*e at East Marion, in the Town of Southold, Countv Of
Suffolk and State of New York, known and designated as Lot No. 10 on a;
Jj 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
\i 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 10/31/72 and recorded in the Suffolk Count
— Clerk ' s Office on 11/10/72 in Liber 7279 at page 489.
a O The developer shall retain the right, subject to approval of the Town
)� Q! of Southold, to:
t 1. Maintain sales signs on the property, other than Lot No. 10.
V 2 . Maintain sales office on the property, other than Lot No. 10.
v 3 . The developer, its heirs or assigns, reserves the right to add
- not more than thirty (30) lots on land directly East of the
Q subject property. The owners of those lots to have the privilege
l�I to use the streets and beach shown on the said map of Pebble Beach
CIi Farms, providing pro rata contributions are made by such users for
the maintenance, up-keep and management of those facilities.
C .
C IThe rights enumerated in Items 1 and 2 above shall automatically term-•
h inate at such time that the developer, its heirs or assigns, no longer =
has any interest in the property shown on the said ma?.
=' I This conveyance is made in the regular course of business actually
conducted by the party of the first part.
uTOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
�31 I roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances
�I and all the estate and rights of the party of the first part in and to said premises; TO HAVE AND TO
HOLD the remises herein ranted unto the
p g 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 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 ap,,Iy
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.
1 The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires,
1 IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above
I written.
IN FEESENCE oF:
PEBBLE BEACH REALTY, INC. , by:
J. Dorfeyran, President
RECORDED E: sr�R ; .,a:si Rrs
DEC 17 1976 Clerk of Suffoik
::ate--.,...w.n».ewau,�+rann.... x"-,...,...M1m�k+ytpi,aMMR7IMR„'7 w•: ,r fi•