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Home My WebLink AboutL 12410 P 352THIS INDENTURE, made the C~ 4~ day of August, 2005 BETWEEN SARA PRESTON COSTELLO, us to un undivided fifty (50%) percent interest, residing ut 1210 North Road, Greenport, NY, ! 1944; and STEPHEN GEORGE KOHL, as to an undivided fifty (S0%) percent interest, residing ut 1000 Ninth Street, Grecnport, NY, 11944 ~rty of the first part, $TEPHEN GEORGE KOHL and ANGELA KOHL, husband and wife, both residing at 1000 Ninth Street, Grcenpart, NY, 11944 party of the second pan, WITNESSETH, that thc party o£the first pan, in consideration ofTEN ($10.00) dollars, lawful money ofthe United States paid by the party of the second pan, does hereby grant and release unto the party of the second paR, 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 SEE SCHEDULE 'A' ANNEXED HERETO BEING AND INTENDED TO BE the same premises conveyed to thc parties of thc first pan by d~-d dated October 29, 1998 and recorded in the Office of thc Clerk of Ihe County of Suffolk on November 6, 1998 in Liber 11927 at page 208 and by deed dated May 30, 2003 and recorded in the Office of the Clerk of the County of Suffolk on June 12, 2003 in Liber 12255 at page 932. SARA PRESTON COSTELLO, her executors, administrators or assigns, shall have the first option to purchase the premises from the parties of the second part herein. The parties of the second part, their heirs or assigns shall give Sara Preston Costello, her executors, administrators, or assigns thirty (30) days written notice of such desire to sell. At this point, the purchase price of the premises shall be determined by the following thrce-appraisal method: each party shall obtain an independent appraisal of ibc premises. If the difference between the value ofthe premises as determined by two independent appraisals is $10,000.00 dollars or less, then the parties agree that the purchase price of the premises shall be the average of the two appraisals, if the two independent appraisals are more than $10,000.00 dollars apart, the two appraisers shall select a third appraiser and the value of the ipremises as determined by the third appraisal ~ha!l be binding un the parties as to the purchase price. Each party shall bear the cost of the initial mdependent appraisal and shall share the cost of the third binding appraisal if required. After the purchase price oftbe premises has been established, Sara Preston Costellu, her executors, administrators, or assigns shall have thirty (30) days to exercise the option to purchase in writing and sixty (60) days thereafter to close title. If Sara Preston Costego, her executors, administrators, or assigns shall fail to exercise this option or close title, then this right shall terminate. This option shag not affect the parties of the second parts' rights to mortgage the subject premises but shall be binding on the parties of the second part, their heirs or assigns. SCHEDULE #A~ ALL THAT CERTAIN PLOT, piece or parcel of lend, situate, lying end being in the Town of Southold, County of Suffolk end State of New York as shown and designated on a map entitled "Map of Fleetfield, Town of Southold" as and by Lot No. 1, Section 2, which said map was filed in the office of the Clerk of the County of Suffolk es and by No. 1351 on the 6~ day of February, 1942. TOGETHER with ail right, title and interest, if any, of the pa~y o£the first part in and to any s~'ccts and roads nbutling the above described premises to Ihe center lines thereof. TOG. ETHER with thc appurtenances and all the estate and rights oflhc party oflhe first part in and to said g AND TO HOLD tho premises herein granted unto the party afthe second part, the he/rs or successors and assigns of thc party of the second pan forever. AND the party ortho first pan covenants that the party of thc first part has not done or suffered anything whereby the ,said premises have been incumbered in any way whatever, except as aforesaid.' AND THE pnny of the first pan, in compliance with Section 13 of the Lien Law, covenants that the party of the first pan will receive the consideration for this conveyance and will hold the right to receive such consideration as a ~ust fund to be applied first for the purpose ofpaying the cost oftbe improvement, and will apply the same first to thc payment of the cost of the improvement before using any part oftbe total of the same for any other ptupose. The word "party" shall be construed ns if it read "pm'ties" whenever the sense of this indenture so ~tuires. IN WITNF~ WHEREOF, the party of the first part has duly executed this deed the day and year first abovc written. IN PRESENCE OF: SARA PIf~STON COSTELLO STATE OF NEW YORK:COUNTY OF SUFFOLK) ss: On the .t,~t-/.'b day of August, 2005, before me, the undersigned, personally appeared SARA,.' PRESTON COSTELLO, personally known to me or proved to mc on the basis of satisfactory evidence to be the individunl whose name is subscribed to lite within instrument nnd acknowledged to me that she executed the same in her capacity, and that by her signature on the instrument, the individual, or the person upon behalfofwhich the individual acted, executed the instrument. J~IN~FER B. GmJLD STATE OF NEW YORK:COUNTY OF SUFFOI.K) ss: On the ~'~ day of August, 2005, bcibre me, thc undersigned, personally appea~l STEPHEN GEORGE KOHL, personally known to me or proved to me on thc basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the ins~'ument, the individual, or the person upon behalf o£whieh the individunl acted, executed the instrument. Notary Public Number of pages TORRENS Serial # Cenific~t~ # Prior Of. # Deed. Mortgage Instmmem Deed I Mortgage Tax $lamp FEES Handling ~, O0 TP-584 t~f Notation EA-5217 (County) ~'-~"~" EA-5217 (State) R.P.T.S.A. Comm. of Ed. ,5, QQ Affidavit Certified Copy Rog- C°py O~ber Real 08057151 ooo oaaoo osoo o nooo Tax Serx Agency Vorificati SubTotal 018.000 6'-~'~ismcoon/Dischn~gcs/Rclcase List Properly Owner~ Mailing Addresa .... RECORD ,e, RETURN TO: Jennifer IL Gould. Esq. PO Box 177 Greenport, NY 11944 RECOROED 2005 Sefl 20 02:59:18 PH Edward P, Ro~air~. CLERK OF SUFFOL~ COUNTY L P ~52 OT# 0~-07§52 Recording / filing Stamps S Consideration Amount CPF Tax Dun Mortgage Amt. I. Basic Tax 2. Additional Tax Sub Total Spec. I A.~sit. Of Spec. / Add. TOT. MTG. TAX Dual Town Dual County __ Held for Appointment __ Tams for Tax Mansion Tax The ptope~y covered by this molpagc is or will bc improved by a one or two family dwelling only. YES or NO __ If NO. see appropriate tax clauM on page # of this instrument. _C'~mm,nily Preservation Fund S 1.210 Improved Vacant Land TD ,BOXES 6 THROUGH 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. (over) TO Stephen Geer~_e Kohl and Ane_ela Kohl Sara Pre~ton Costellfl end Rte_nhen ~enr~_e Kohl The premisis herein is situated in SUFFOLK COUNTY, NEW YORK. In the Township of Southold In the VILLAGE or HAMLETof Oreenoort This page forms part of the attached Baraaln and Sale Deed made by: ('SPECIFY TYPE OF INSTRUMENT) 7 ] Tide Company lni'ormation CO. Name Transnotion Tide Insurance Co. Title # CL05005740,1 s I Snffolk County Recording & Endorsement Page I lilllllllJlll llllllllllllllllllllllllllllllllJllll SUFFOLK COUNTY CLERK RECORDS OFF~CE RECORDING PA~E Type o£ Instruments D~S/DDD l~hor o£ Pages: 5 Receipt l~er z 05-0098598 TRANSFER TAX h~BER-- 0S-0?SS2 ZOO0 Deed Amounts Recordedz Ate LIBER= PA~E: Section: BLocks 033°00 05.00 EXAMINED AND CHARGED A8 FOLLOW8 $210,500.00 09/20/2005 02s59;28 Pi( D00012410 352 Leks 018.000 Received the Following Fees For Above Instrument F~e~pt Pnge/Filtng $15.00 NO Handling cee .$5.00 NO HYS 9R~ EA-CTY $5.00 NO EA-HTATE ?P-584 $5.00 HO Cort.CopAoe R~T $30.00 HO SCTJ( Transfer t~c $842.00 No c--,Pres Feee Paid TRANSFER TAX H~MBER: 05-07552 PAGE IS A PART OF TH~ INSTRUMENT THIB ZB ~ A BILL Exempt $5.00 NO $15.00 NO $75.00 NO $0.00 NO $0.00 NO $1,210.00 NO $2,207.00 Edward P.Romaine County Clerk, Suffolk County PLEASE TYPE OR PRESS FIRMLY WHEN WRITING ON FORM * - INSTRUCTIONS: http://MMw, orps.sta~.ny.us or PHONE (518) 473-7222 FORcl. ,WIS Code I ,~ ¢, 3' ~:~' '~ I~;;~ I I REAL PROPERTYsT~,T~ O~ ~Ew ~sKTRANSFER REPORT (22. Date Deed Ibcorded STATE BOARD OF REAL tqIOI'ERIY SEBVEE8 RP - 5217 PROk~:II IY INFORMAl'ION ~ to~m I I Y~Lddleton Road I ] Southold [ Greenport [ 1194& [ 2. su,,,, I ~hL I Stephen G. and Angela I Sara Preston r Stephen George ~ "7 / 1~/2°°5I 080 2005 C F 2~0,500.00 ~M~. ~ ..... ~, , ,O, 0 I H . . ,O.OI [ ~knt:$~MENT INFORMA'nON - Oma should reflect the latest Rnal A~#ament Roll and Tam Bill 1LYeI~MAmMMnteMMf~m I 0 ,5 [ 17 TotdAmeiledVlioe(MlJll~nMibl/m! lO00 - 033.00 - 05.00 - 018.000 I I I I rnt. .oN I BUYER BUYER'S ATTORNEY - ,~,c.~,~ ~- ~ ' t ~,~ ~ELL~R I NEW YORK STATE I ' COPY