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7912 W--461
THIS INDEMUM made the 5th day of August nineteen hundred andseventy-five
BETWEEN
PEBBLE BEACH REALTY, INC., a corporation organized under and exist..n;
ti by virtue of the business law of the State of New York, having its
4� principal office at 620 Hempstead Turnpike, Elmont, New York 1110'
4ti2
party of the first part, and
ARGIRIOS KOUMANTARIS and EKATERINI KOUMANTARIS, his wife, both
residing at 123-02 Metropolitan Avenue, Kew Gardens, New York
11415
party of the second part,
v WPCNESSEPH,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 parcel of land, with the buildings and improvements thereon erected, situate,
�{\ lying and beingkothc at East Marion, in the Town of Southold,, County of
Suffolk and State of New"York, known and desiquateu as Lot No. 127
on a certain map entitled, "Map of Pebble Beach Farms, East Marion,
Town of Southold, Suffolk County, New York", and filed in the Offi.cst
of the Clerk of< the .County of Suffolk on June 11, 1975 as Map No. 62.56)
SUBJECT TO the provisions of a Declaration recorded in the Suffolk
County Clerk's office on June 11, 1975 in Liber 7855 at page ll.
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.
The developer shall retain the right, subject to approval of the Tao ,n
of Southold, to:
1. Maintain sales signs, on the property.
2. Maintain sales office on the 'property.
3. The developer, its ;heirs or assigns, reserves 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 privilace
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
the maintenance, up-keep and management of those facilities.
The rights`.enumerated in Items l 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 IfI ffftnveyance is made in the regular course of business actually'
conducted by the party of the first part.
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 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,
IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above
written.
IN PEESENCE OF:
PEBBLE BEACH REALTY, INC. , by.
Z"
Joseph onovan, President
ED 5EP 22 175 LESTER M. ALBERTSON
M: Clerk Of Suffolk County