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HomeMy WebLinkAboutL 8792 P 505 Srandard N.Y.B.T.C' Form 8001 a 7.72,70M--Bargain and Sal&Deed, Orth Covenant against Grantor's Am—Individual or Corporation (Single sheet) a CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. TM wDENTURE,r9*I CT7th 10farch 8L'tye' lleOn hundredLLifteighty BETWEEN O � ® L..L:.1 PEBBLE BEACH REALTY, IML., a corporOtion organ d under au existing by virtue of the business law of the State of New York, having its principal office at 620 Hempstead Turnpike, Elmont, New York 11003 party of the first part, and MICHAEL B. RUSSELL and CAROL RUSSELL, his wife, both residing at 45 East End Avenue, New York, New York 10028 party of the second part, WrrNE&%TH,that the party of the fust part,m 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 being iaAe at East Marion, in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 104 on 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 _ 2Y111DJ_ Clerk of the County of Suffolk on June 11, 1975 as Map No. 6266. SUBJECT TO the provisions of a Declaration recorded in the Office t- � of the Clerk of the County of Suffolk on June 11, 1975 in Liber 7855 t� at page 09, as amended by Liber 7914 page 40 and .Liber 7969,page 272. .4 p " BEING AND INTFmED TO BE part of the premises conveyed to the _ 3 grantor herein by deed dated October 31, 1972 and recorded in the 1 Office of the Clerk of the County of Suffolk on November 10, 1972 in Liber 7279 at page 489. DISTRICT: The developer shall retain the right, subject to approval of the 1000 Town of Southold to: 1. Maintain sales signs on the property, other than Lot No. 104. '. SECTION: 2. Maintain sales office on the property, other than Lot No. 104. 030.00 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. BLOCK: The owners of those lots to have the privilege to use the streets and 02.00 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 LOT management of those facilities. 042.000 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. C 72- 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 fust 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 an requires. IWITNFSS WHERF.OFtthe yQf the first A part has duly executed this deed the day and year*first above bbb��33 AN PMUNCIL OP' I "n R&%l. &TAM ! PEBBLE BEACH REALTY, INC., by: MAR 131 I c j3. Perers, TRA ARTHUR J. FELICE t�I' RECORDED. MAR 17 19� Clerk of Suffolk County