HomeMy WebLinkAboutL 8872 P 265 +..C Standard N.Y.B.T.1-1.Form W02.742.70M—Bargain and We Deed.%ith Covenant against Gtanusr s Acta—Individual or Corporation (Single sheet)
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Q CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY.
isFR8872 PAGE265
18th
THIS INDENTURE,made the day of August , 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 Hempstead Turnpike, Elmont, New York 11003
3 party of the first part, and
JEAN M. VERGARA, residing at 120 East 34th Street, New York, New
QYork 10016
;
DISTRICTo o, SECTIOK LOT
N Mo ED BLOCM
party of the secofld part, /2 17 21 26
WI1'NESSEPH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration
J 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 pared of land, with the buildings and improvements thereat erected, situate,
lying and being ig1bc at East Marion, in the Town of Southold, County of
Suffolk and State of New' York, known and designated as Lot No. 116,
on a certain map entitled, "Map of Pebble Beach Farms, East Marion,
DISTRICT: I Town of Southold, Suffolk County, New York", and filed in the Office
1000 of the 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
SECTION: of the Clerk of the County of Suffolk on June 11, 1975 in Liber 7855
030.00 at page 09, as amended by Liber 7914 page 40 and Liber 7969 page 272 .
BEING AND INTENDED TO BE part of the premises conveyed to the
BLOCK: grantor herein by deed dated October 31, 1972 and recorded in the
02.00 Office of the Clerk of the County of Suffolk on November 10, 1972
in Liber 7279 at page 489.
LOT:
060.000 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. 116.
2. Maintain sales office on the property, other than Lot No. 116.
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.
iJ The owners of these lots to have the privilege to use the streets and
'47r"' 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
� 1 management of those facilities.
1 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 Ma
This conveyance is made in the regular course of business usually conducted by
the party of the first part.
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
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 so requires.
IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above
written.
IN PRESENCE OF:
RECBV
....... J.•O(J PEBBLE BEACH REALTY, INC. , by:
REAL ESTATE
AUG 2 5 1980
B. Peters, president
TRANSFER TAX
SUFFOLK ARTHUR J. FELICE
RFC 0 R D F D AUG 25 1980 Qt1k of Suffolk Ccinty