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HomeMy WebLinkAboutL 8586 P 518 � � UBEECh10U PAGE 518 100 DEED 1J of DEVELOPMENT RIGHTS /000 THIS INDENTURE, made the 23rd day of February, 1979, betwi• ii Dist. LEANDER B. GLOVER, JR. , residing at (no # ) COX ' S Lane, Cutchogt:, , SEc. New York, party of the first part, and the County of Suffolk, . 3 municipal corporation having its office and principal place o bLk. n ,. _ ` business at (no #) Center Drive, Riverhead , New York, party o,` the second part; WITNESSETH: that the party of the first part, 'in consideration of $10. 00 and other good and valuable consideration paid by the party of the second part, does hereby grant and release unto the party of the second part, its successors and assigns forever, the Development Rights, by which is meant the Permanent legal interest and right. as authorized by §247 of the New York State General Municipal Lac, , as amended, to permit, require or restrict the use of the premises exclusively for agricultural production as that term is presently defined in §301 of the New York State Agricultural and Markets Laws, and the right to prohibit or restrict the use of the prem- ises for any purpose other than agricultural production, to ALL that certain plot, piece or parcel of land, situtate, lying and being at Cutchogue, Town of Southold, County of Suffolk, State of New York, bounded and described as follows: t-�'S BEGINNING at a monument on the southeasterly side of Long Island Railroad distant 358 . 00 feet northeasterly as measured M+1 along the southeasterly side of the Long Island Railroad from M the corner formed by the intersection of the southeasterly sire of Long Island Railroad with the northeasterly side of Cox ' s Lane; running thence North 600 14 ' 50" East, along the south- easterly side of the Long Island Railroad, 498 . 52 feet to a monument and land now or formerly of H. B. Robinson Estate; thence South 430 42 ' 15" East, along the last mentioned land , 1951. 58 feet to a monument and land now or formerly of Cox Lane Associates; thence along the last mentioned land the following two (2) courses and distances: ( 1) South 850 57 ' 10" West, 434. 80 feet to a monument; (2) South 500 53 ' 30" West, 152. 29 feet; thence North 440 00 ' 20" West, 414 . 48 feet to a monument and land now or formerly of W. C. Bolenius; thence along the last mentioned land the following four (4) courses and distances : • T E:g8586 mcc519 (1) North 440 00 ' 20" West, 759. 41 feet to a monument; (2) North 380 43 ' 50" East, 28 . 30 feet to a monument; (3) North 470 00 ' 30" West, 399. 28 feet to a monument; (4 ) North 420 37 ' 40" West, 205. 90 feet to a monument on the southeasterly side of the Long Island Railroad at the point or place of BEGINNING. BEING AND INTENDED TO BE part of the premises conveyed to the party of the first part by deed dated June 28 , 1969 and recordeu in the Suffolk County Clerk ' s Office on July 2, 1969 in Liber 6S173 page 147 . TO HAVE AND TO HOLD the said Development Rights in the premise: herein granted unto the party of the second part, its successors and assigns, 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, execept as aforesaid. The party.of the first part, as a covenant running with the land in perpetuity, further covenants and agrees for the party of the first part, and the heirs, legal representatives successors and assigns of the party of the first part, to use of the premises on and after the date of this instrument solely fer the purpose of agricultural production. 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 consideration as a trust fund to be applie( first for the purpose of paying the cost of the improvement befo using any part of the total of the same for any other purpo'-- THE word "party" shall be construed as if it read "parties" when ever the sense of this indenture so requires. IN WITNESS WHEREOF , the party of the first part has duly execu`e this deed the day and year first above written. IN PRESENCE OF: Leander B. Glover, Jr v` r +• MM Iry �ll I