HomeMy WebLinkAboutL 11329 P 281 1132SN281 376y RgIg�IVEV
REAL ESTATE
SEP 9 191
SUFFOLK COUNTY TRANSFER TAX
QUITCLAIM DEED SUFFOLK
COUNTY
THIS INDENTURE, made the day of 1991
BETWEEN the COUNTY OF SUFFOLK, a municipal corporation of the
State of New York, having its principal office at the Suffolk
County Center, Center Drive, Riverhead, New Yod 11901 , party of i
the first part,
�C� ! - !� ��-Z
vn oA
AND INCORPORATED VILLAGE OF GREENPORT, 236 Third Street,
a Greenport, New York 11944, party of the second part,
WITNESSETH, that the party of the first part, pursuant to
/ C Resolution Number 1088-1990, adopted by the Suffolk County
J Legislature on November 13 , 1990 and, thereafter, approved by the
County' £secutfbe on —Nbvemkier- -19 ,-199-0, -in -consideration—of ten---
dollars paid by the party of the second part, does hereby remise,
release and quitclaim unto the party of the second part, the heirs
or successors and assigns of the party of the second part forever,
DISTRICT ALL, that. certain plot, piece or parcel of land with any
1001 buildings and improvements thereon erected, situate, lying
and being in the Incorporated Village of Greenport, Town of
-------- Southold, County of Suffolk and State of New. York, and
SECTION acquired by Tax Deed on February 19 , 1988, from Jean H.
004 . 00 Tuthill, the County Treasurer of Suffolk County, New York,
and recorded ..on February 19 , 1988, Liber 10544 ,, CP 113 on
-------- 115, and otherwise known as and by the Incorporated 'Village
BLOCK of Greenport, Town of Southold, N X now or formerly Horton
02 . 00 Warren Gary; E X now or formerly Gebhardt Christian E
Gebhardt Joan M; S X now or formerly Lakowitz George
------- Lakowitz WF; W X now or formerly Cassese Benjamin
LOT Cassese Lenore,
028 . 000
FURTHER, notwithstanding the above description, it is the
-------- intention of this conveyance to give title only to such property
as was acquired by the County of Suffolk by Tax Deed on February
19 , 1990 from Jean H. Tuthill , the County Treasurer of Suffolk
County, New York, and recorded on in Liber February 19 , 1990 ,
Liber 10544 , CP 113 on 115 .
PROVIDED, however, that the party of the second part, will
be restricted in its use of the subject premises and will use said
premises solely and exclusively for affordable housing purposes;
with all right, title, and interest reverting to the party of the
first part, at the sole option of the party of the first part, in
the event that the party of the second part, at . any time uses or
attempts to use said subject premises for other than affordable
housing purposes, in accordance with the approved plan submitted
by the party of the second part . The reverter clauses contained
herein shall apply to the grantee, or any transferee from the
grantee formed pursuant to Article XIX - Affordable Home
Ownership Development Program of the Private Housing Finance Law
of the State of New York, or a not-for-profit corporation formed
under 5402 of the Not-for-Profit Corporation Law for affordable
housing purposes .
Additionally, if any one or more of the following occurs , the
property secured by this deed shall revert as hereinbefore set
,..
C n _ struct or jr F,
comr REGORDEM SEP 9 1991 ajwW,)P. RCmv* nits on said
prop- ..1 ..-- - _
CLSIN OF $L"= 00"eed;