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HomeMy WebLinkAboutL 8926 P 166 \. I a�II�;/tti�YfY M171 A`481 i.4+A`1�M -Oa,gain and +ale D.-I. ...A (�+mann againn Gran +w+-Indi+ valor Wap a+torn. i+ngl<+A<ep CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY S 7� THIS INDENTURE, made the 1st day of December , nineteen hundred and eighty BETWEEN PEBBLE BEACH REALTY, 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 Henpstead Turnpike, Elmont, New York 11003, party of the first part,and YUNYONG THONGCHAROEN and NAMTHIPYA THONGCHAROEN, his wife, both residing at 10 Morring Drive, Bellport, New York 11713, G , DISTRICT SECTION BLOCK L`rm. �`���OT ( P IiISTRICT: party of the second part, ® Em ® (L.7+_+ 21 26 1000 6 12 WITNESSETH, that the party of the first part, in consideration of ten dollars and other valuable consideration SECTION: paid by the patty 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, with the buildings and improvements thereon erected, situate, BLOCK: lying and being in the Town of Southold, County of Suffolk and State of New 02.00 York, known and designated as Lot No. 125 as shown on a certain map entitled, "Map of Pebble Beach Farms" , and filed in the Office of the LOT: Clerk of the County of Suffolk on June 11, 1975 as Map No. 6266. 077.000 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 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 propert , other than Lot No. 125. 2. Maintain sales office on the proper y, other than Lot No. 125. 3. The developer, its heirs or assigns, reserves the right to add not more than 30 lots on land directly East of the sub 'ect property. The owners of those lots to have the privilege to use he 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 Iaw, 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 indentpre so requires. IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IH PRESENCE OF: PEBBLE BEAC NC•� BY �OEO� L RENCE, VICE PRESIDED r). l . ` t- A111411R J. FRICE 0 R Q C'I t. G k'40 �I,.� rt F 1 �,