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HomeMy WebLinkAboutL 6108 P 267 rF So(12165)shud.ra N.Y.B. en—1007 Bargain and a m, ,,HwMng.une.—.nes con ,ouu� r •• CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY IUNYERS ONLY. 5 S. R.S.. ./3•�,r LIBER6108 fALE/.V1 2� TEIkINDATURE,made the �Q &Y of January ,nineteen hundred and Sixty seven . BETWEEN .Y. FREDERICK REESE and HAROLD REESE, of 855 Sunrise Highway, Lynbrook New York F E mi ®�O party of the first part,and a m VIOLA GOLDRUSH, residing at 35 Maple Avenue., Bay Shore, New York party of the second part, WITNESSETH,that the party of the first part,in consideration of One ($1.00) dollars, lawfulmoneyofthe United States, together with other consideration Paid by the party of the second put,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 crert,d,situate, lyingandbeinginthe Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 47, as shown on a certain map entitled, "Map of Harbor Lights Estates, Section Two, Bayview, Town of Southold, Suffolk County a New York" made by Otto W. Van Tuyl & Son, Licensed Land Surveyors, Greenport, New York, and filed in the office of the Clerk of the County of Suffolk on July 26, 1966 as Map No. 4681. SUBJECT to a perpetual easement and right of way, under, over, through and across the most westerly property line of said Lot #47, approxi- mately 10 ft. in width for drainage purposes between Harbor Lights Drive and the proposed canal to be located along the northerly property line of said lot. TOGETHER with an easement over the streets or road shown on said filed map to the nearest public highway. TOGETHER with an easement for boating purposes, in common with others, over a strip of land 50 feet in width, extending along the northerly property line of the demised premises herein and extending in a westerly direction until it meets the main canal which runs in a northerly direction to Southold Bay (Peconic Bay on subdivision map) for the purpose of ingress and egress to said Bay. TOGETHER with the use, in common with others, of the beach area and parking area adjacent thereto; said beach area having a depth of approxi- mately 50 feet from the average high water mark on Peconic Bay, and having a length of 900 feet more or less measured along the ordinary high water mark, and said parking area having a frontage on the northerly side of Harbor Lights Drive of approximately 150 feet, running westerly along said street from Lot V. and having a depth of not less than 150 feet northerly of Harbor Lights Drive. The parking area shall be immediately adjacent and contiguous to the beach area herein referred to. SUBJECT to any state of facts an accurate survey may show. SUBJECT to covenants, agreements, easements and restrictions affecting said premises. LIBER6108 PACE268 It is hereby understood and agreed that the canal extending along the northerly property line of the demised lot shall be dredged by the party of the first part including the inlet to connect the canal to Southold Bay. Said canal shall be 50 feet in width and 4 feet in depth so that the canal will accommodate a 38 foot cabin cruiser with a draft of 42 inches. In the event the party of the first part does not complete the canal as required, the party of the second part may demand rescission of ,this conveyance by sending notice in writing, by registered mail to Owen B. McBride, 158 Third Street, Mineola, New York, 11501, on or before November 15, 1967. Said written demand shall be accompanied by a duly executed and acknowledged bargain and sale deed with covenants made to the party of the first part, and said title shall be. encumbered only to the extent set forth in Title Guarantee Company report of title under title number 10639-47A, as issued to the party of the second part. Upon receiving confirmation from the Title Guarantee Company as to its report of title, and no later than 45 days after tender of the deed of conveyance, the party of the first part shall deliver a bank or certified check, made payable to the party of the second part, in the amount of $12,500.00. This right of rescission expires automatically on November 16, 1967•