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HomeMy WebLinkAboutL 8001 P 65 S,�ndard N.Y.B.T.U.Por.8007 8-74-20M-8upin and Sale Decd, w,h Covenant apmu Granvoi s Ac,s—IndMdm!or Corporation. '�'` � • CONSULT YOUR LAWYER BOOM SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE, made the '4 0 day of March nineteen hundred and seventy-six BEAN MILES SINCLAIR WHITENER and VIRGINIA M. WHITENER, his wife, both now residing at 14 Center Drive, Roslyn, N. Y. 11576 © DISTRICT SECTION BLOCK LOT ��j \� 8 � LLJ � 12 \\ 17 u/a dtd 6/IP2 party of the first part, and JANSEN NOYES, JR. , Trustee 'bo Mildred Dorothy Noyes, of Eight Hanover Street, New York, N. Y. 10004 G Cl c party of the second part, VYfM-ESSE'TH, that the party of the first part, in consideration of - - - - - - - - TEN and 00/100 ($10, 00) - - - - - - - - - - - - - - -dollars, lawful money of the United States, and other good and valuable consideration paid I 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 111x" at Fishers Island, Town of Southold, County of Suffolk and State of New York, .bounded and described as follows: BEGINNING at a monument on the Northwesterly side of Winthrop Drive, said monument being located South 62 degrees 21 minutes West, 575, 88 feet from the Southwesterly line of Equestrian Avenue, said monument a so eing ocated 534, 75 feet North of a point which is 5024. 66 feet West of a monument marking the United States Coast and Geodetic Survey Triangulation Station "PROS"; RUNNING THENCE North 27 degrees 39 minutes West 201, 8 feet; THENCE South 62 degrees 26 minutes West, 124, 94 feet to an iron pin; THENCE South 20 degrees 47 minutes East 47,05 feet to an iron pit; THENCE South 27 degrees 39 minutes East 155, 89 feet to the Northwesterly side of said Winthrop Drive; THENCE along the Northwesterly side of Winthrop Drive North 62 degrees 21 minutes East, 130,80 feet to the monument and the point or place of BEGINNING. SUBJECT to covenants, restrictions and easements in Liber 4615 of deeds at page 283. SUBJECT further to covenants, restrictions, easements and option in Liber 5736 cp 441, as follows: An easement for existing water pipes and sewer drains and pipes and the rights of third parties to use, maintain, repair and replace said facilities. Agreements, covenants, conditions, restrictions, reservations and rights of way,, if any, of record. Rights of others to use and maintain the manhole and six inch sewer line on the Southwesterly portion of the premises and any equipment in connection therewith, i.r-. R P. . r+f OkRiSON 11 E C V R D E D MAR 11 1976 l.:erk of Suffolk County i Ek�r il tl1 rAi;T 66 Rights of Race Point as hereinafter set forth. Noyes covenants and agrees with Race Point that:. 1, (a) Prior to.any transfer of the premises or any portion thereof by Noyes for a consideration, he, shall notify, Race Point of his intention to do so, identifying the proposed purchaser, specifying the terms and conditions of the transfer and offering to convey the premises or portion thereof to be sold to Race Point on the same terms and conditions. Within 30 days after receipt by Race Point of said notice, Race Point may elect to purchase the premises or portion thereof to, be sold on said terms and conditions, and upon receipt of notice of such election, Noyes shall convey the premises or portion thereof to be sold to Race Point as hereinafter provided. If Race Point shall not elect so to purchase the premises or portion thereof to be sold, Noyes shall be free to convey the same to the proposed purchaser identified in said notice on the same terms and conditions specified therein, provided that such conveyance shall take place within 90 days after the earlier of (1),the expiration of the above-mentioned 30 day period or (2) the date. Noyes receives notice from Race Point that it does not elect to purchase the premises or portion thereof to be sold, (b) The provisions of paragraph (a) shall apply to any transfer by Noyes without consideration, except that the purchase price at which Race Point may exercise its option shall be an amount equal to the then fair market value of the premises or portion thereof. 2. Within 30 days after Noyes has received notice that Race Point has exercised any of the foregoing options Noyes shall deliver or cause to be delivered to Race Point a Bargain and Sale Deed, in recordable form and in all respects satisfactory to Race Point, Upon delivery of such deed, Noyes shall vacate and surrender possession of the premises or portion thereof to Race Point. 3. Any transfer or conveyance of the premises or portion thereof by Noyes in violation of the foregoing provisions shall be void, 4. The foregoing,covenants and agreements shall run with the land, shall bind the heirs, distributees, personal representatives and assigns of Noyes, and shall inure to the benefit of the successors and assigns of Race Point, Race Point shall have the same options to purchase the premises or any portion thereof against all subsequent owners of the premises, it being understood that the word Noyes, when used in the foregoing paragraphs, shall include the heirs, distributees, personal representatives and assigns of Noyes. [ RECORDED n LES` :_f2 N' . ALBERTSON f1 E C Q R D E D MAR 11 1976 C erk of Suffolk County