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HomeMy WebLinkAboutL 7998 P 118 MM•' 1Ll 8ER7998 " Standard N.Y B.T.U. Form 8002--40M— -Bargain and Sale Deed, with Covenants against Grantor's Acts—Individual or Corpo,stm. Dingle sheet) CONSULT YOUR LAWYER MORE SIONINO THIS INSTRUMENT-THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY THIS INDENTURE, made the 28th day of February nineteen hundred and seventy-six ` BETWEEN tr 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 11103 patty of the first part,and ' j 11 ANGELO THALASSINOS and OURANIA THALASSINOS, his wife, both residing " at 51-19 97th Street, Elmhurst, New York 11373 DISTRICT S'�CTION FBy!."K (TOT �F-�- c --� � 6 = I i "1 party of the second pa >I 25 M WITNESSETH, that the party of the firrst part in consideration of ten dollars a dl other valuable consideration M paid by the party of the second part, does here�y grant and release unto the party of the second part, the heirs or successors and assigns of the party of the second part forever, ll ALL that certain plot, piece or parcel of land, situate, lying and being ixsix at East Marion, in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 69 on a certain Wrap entitled, "Map of Pebble Beach Farms, East Marion, Town of Southold, S}}��ffolk County, ' New York" , and filed in the Office of the Clerk of the bounty of Suffolk on June 11, 1975 as Map No. 6266. SUBJECT TO the provisions of a Declaration recorded in the Suffolk County Clerk ' s Office 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 Suffolk County Clerk ' s Office 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 property, e*c- L_-P-7- /�f %"v Cc' 7 6 2 . Maintain sales office on the property. t xc�,�/ iX %v (07 dl 3 . The developer, its heirs or assigns, reserves the right to add not more than thirty (30) lots on land directly East of the subject property. The owners of those lots to have the privilege to use the 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. ?his conveyarae is made in the regular course of business actually 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. 1N WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. s ..i,rWCE OF: a } � 5Y PEBBLE BEACH REALTY, INC. , by: aw e,e Jo eph J. Donovan resident �+ RF (' tIRDED MAR s?'6 ty