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CONSULT TOYRLAM4[lSIPOlE tIiNINi THIS INSTRUMENT-THIS INSTRUMENT fMOYIO 11 USED /1 LAWYERS ONLY
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10th day of December ,nineteen hundred and eighty
BETWEEN
PEBBLE BEACH REALTY, INC. , a corporation organized under andexisting
by virtue of the business law of the State of New York, having its
principal office at 62Q, Hempstead Turnpike, Elmont, New York 11003,
party of the first part, and
�d
GERARD A• SAGER, residing at 23 Hampton Court, Port Washington,
New York 11050,
gSTMCT SECTION OT
CB Q0, 1..i +LL(i7 `
DISTRICT: ® 1® iT
"p-OZ-40
ZI e7
1000 party of file second art.
WITNESSETH,that the party of the first part, in consideration of ten dollars and other valuable consideration
SECTION: paid by the party of the second part, does hereby grant and release unto the party of the second part,the heirs
030.00 or successors and assigns of the party of the second part forever,
ALL that certain plot, piece or parcel of land, 9dm[!1»s situate,
BLOCK: lying and being in the Town of Southold, County of Su folk and State Of New
02.00 York, known and designated as Lot No. 126, on a certain map entitled,
"Map of Pebble Beach Farms, and filed in the Office of the Clerk of
LOT; the County of Suffolk on June 11, 1975 as Map No. 6266.
078.000 SUBJECT TO the provisions of a Declaration recorded in the Office
of the Clerk of the County of Suffolk 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
\a 111 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 7.279 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. 126.
2. Maintain sales office on the property, other than Lot No. 126.
(� 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 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
anter lints thereof; TOGETHER with the appurtenances
roads abutting the above-described premises to the
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, 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 abe ed as if it read "parties" whenever the sense of this indenture so requires.
IN WITNEWHERE , e
pal
of the first part las duly executed this deed the day and year first above
written.
IN P MENCZ OF:
PEB BE I
p
��GEORQWE NCE, VICE PRESIDENT_
ARTHUR J. FEIICE
S R F (1 R Il F DEC 19 1980 perk of S�folk county '