HomeMy WebLinkAboutL 8142 P 343 Standard N.Y.B.T.U.Form 8003..7_7=.70M—Bargain and Sale Deed.with Covenant against Grantors Acts.Individual or Cotpotation tSnngk'skset)
*�j CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
ERS142 rAL, 343
THIS INDENTURE„made the 1st day of November nineteen hundred andseventy-six
BETWEEN
PEBBLE BEACH REALTY, INC. , a corporation organized under and existiAg
by virtue of the business law of the State of New York, having its
principal office at 620 Hempstead Turnpike, Elmont, New York 11003
,.
0 party of the first part, and
CtI NINA S. MAGEN, residing at 84 45 151st Street, Jamaica, New York 1'1432
party of the second part,
WiTNFSSETHO 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
h or successors and assigns of the party of the second part forever,
ALL that certain plot, piece or parcel of land,V4tH 0WWsU i61i9f7R - sitnatx,
lying and being kvt2w at East Marion, in the own o ' S'outhold, County of
Suftol. and State of New York, known and designated as Lot No. 131 Ott ,
��'�" � • 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
t— i 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.
SEC. � 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
roZ at page 489.
The developer shall retain the right, subject to approval of the Town
p7( I[. of Southold, to:
i�Lf� 1. Maintain sales signs on the property, other than Lot No. 131
2 . Maintain sales office on the property, other than Lot No. 131
S 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 privilege
LOT. to use the streets and beach shown on the said map of Pebble Beach
L
lJ 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 forever.
l sl convpVnnce is made in the regular course of busines a to
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 totall 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. , by:
J. Of. Don , President
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