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CONSULT YOUR LAWYER BEFORE SIGNING,THIS INSTRUMENT•THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
l THIS INDENTURE, made the 29th December
�v• RE, day of , nineteen hundred and Eighty
BETWEEN
PEBBLE BEACH REALTYg INC., a corporation organized under and existing
by virtue of the business law of the State of New York, having its
principal office at 620 Hempstead Turnpikes Elmont, New York 11003
party of the first part,and
FREDERICK W. SCHERFF and MARGARET D. SCHERFF, his wife, both residing
at 33-55 14th Street, Astoria, New York 11106
DISTRICT SECTION BLACK LOT
Oparty of the sewn O 3 IL (i M I® ® =2Zg
DISTRICT:
1000 WITNESSETH,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
SECTION: or successors and assigns of the party of the second part forever,
030.00 ALL that certain plot, piece or parcel of land, st1Ua te,
lying and being inuka at East Marion, Town of ou old, County of Su folK
SCK: and State of New York, shown and designated as and by Lot No, 33
02.00 on a certain map entitled, "Map of Pebble Beach Farms" filed in
the Suffolk County Clerk' s Office on June 11, 1975 under the Map
LOT: No. 6266
034.000 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
the granto;, herein by deed dated October 31, 1972 and recorded in the
Office of the Clerk of the County of Suffolk on November 100 1972
in Liber 7279 at page 489.
The developer shall retain the right, subject to approval of the
__.,i ✓ Town of Southold to:
P 1. Maintain sales signs on the property, other than Lot No. 33.
2. Maintain sales office on the property, other than Lot No. 33.
11 0, 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
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
.,S the same first to the payment of the cost of the improvement before using any part of the total of the same for
( r any other purpose.
The word "party" shall be construed as if it read "parties" whenever the sense of this indentpre so requires.
IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above
written. �1
IN PRESENCE OF: PEBBLE BEA
GEOR _ RENCE,, VICE PRES DENT
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R E C O R D F D JT.N f npi A 'INUR J. EEI SCE