HomeMy WebLinkAboutL 8077 P 404 Standard N.Y.B.T.U.Fa o 8W2• 7.7240M--Bargain and Sak Deed.with Covenant against Granrai,Acu-[nd,vidual or Corporss,ou (Siagte ah a)
CONSULT YOUR LAWYER REFaRE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD DE USED RY LAWYE OMY.
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THIS INDENTURE,made the 16th day of July nineteen hundred and seventy—six
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 620HempsteadTurnpike, Elmont, New .York 11003
partyof the first part, and - V
PAUL W. LYNCH and MARILYN A. LYNCH, his wife, both residing at 22
Lawrence Avenue, Malverne, New York 11565
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t.., party of the second part,
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WI'PNESSETH,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, visbxt1=kpiidirXx , situate,
4 lying and being i1Ken at East Marion, in the Town of Southold, County of
Suffolk and State of New York; known and designated as Lot Nos . 72 and
U8-on a certain map entitled, "Map of Pebble Beach Farms, East Marian.
Town of Southold, Suffolk County, New York" , and filed in the Office o
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.
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 Nos. 72 and ll
2. Maintain sales office on the property, other than Lot Nos. 72 & 11
3. The developer, its heirs or assigns, reserves the right to add
not more than thirty (3) 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 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 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 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 PRESENCE OF:
PEBBLE BEACH REALTY, INC. , byt
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J. J. Do ovan, President
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