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HomeMy WebLinkAboutL 8771 P 21 I S.,da+d N.1',B.T I F,,,m SCC • 7-7170M— Pup.:,and S,1,Dred...:h Cmarun' .pn m:Gonro,',Acu—lod. idea or Y',grourn (Sinplr ,hero �? � CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 1IRS771ma 21 t THIS INDENTXHM made the 18th day of January nineteen hundred and eighty BETWEEN PEBBLE BEACH REALTY, INC. , a corporation organized under and existing circ by virtue of the business law of the State of New York, having its pria gF1WfficfteT?6 Hempstead LOCK Turnpike, Elmont, New York 11003 LOT 0-4 a oo / p a fTf'.Z vF7E t nE ,t'K party of the first pattt0anndd;� ` q 5. ZI oth bZnD residing atCHAEL I445AGOramatanand AAvenue, Mt.CIA Vernon,hNew York 10552 X67- 0 3GooD party of the second part, III-SID WITNESSETH that the party of the first part,in consideration of Ten Dollazs 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, AL1. that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being hckbe at East Marion, in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 99 on 3, 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. VSUBJECT TO provisions of a Declaration recorded in the Office of the Clerk of the County of Suffolk on June 11, 1975 in Liber 7855 \1 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 Office of the Clerk of the County Of Suffolk 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 No. 64. 2. Maintain sales office on the property, othernthan Lot No. 64. 3. The developer, its heirs or assigns, reserves the right to add not more than 30 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 enumberated 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. C. ^ C v 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 fWffborvpyance is made in the regular Coarse of busindss EC'.: "y corrc:ucted 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 0{ 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 tS the payment of the cost of the improvement before using any part of the total of the same Eor 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 FaFSENC6 OF: i PEBBLE BEACH REALTY, INC., by: k c �5 'I BZ. Peters, , Presid en� iiLIJR !. FEEICE RECORDED PN ,c) on^ C: k N Sa"cl'r. Cceaff