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HomeMy WebLinkAboutL 9384 P 5084PAGE 50 DISTRICT SECTION DEEDBLOCKLOT 32048 DEVELOPMff* RIGHTS ' .8 THIS INDENTURE, MADE the � day of July, 1983, between IWG ISLAbID VINEZARDS, INC., a New York corporation With its principal offices at (Nolle) Alvah's Lane, Cutchogue, New York 11952, party of the first part, and the County of Suffolk, a municipal corporation having its office and principal place of business at (No#) Center Drive, Riverhead, New York, party of 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 DEVELAPMFNr RIGHTS, by which is meant the permanent legal interest and right, as authorized by 5§247 of the New York State General Municipal Law, as amended, to permit, require or restrict the use of the premises exclusively for agricultural pr&: uccion Us UiL.t terni is presently defined in §§301 of the New York State Agriculture and Markets laws, and Suffolk County Local Law 16-81 and the right to prohibit or restrict the use of the premises for any !purpose :rf other than agricultural production, to the property described as f F follows: I ` ALL that certain plat, piece or parcel of land, situate, lying and being in the Hamlet of Cutchogue, Tuan of Southold, County District of Suffolk and State of New York, being more particularly described as follows: 1000 BEGINNING at a point on the Northeasterly side of Alvah's Lane Section distant 40.05 feet southeasterly, as measured along the same from the corner formed by the intersection of the 101.00 Southeasterly side of Long Island Railroad with the Block northeasterly side of Alvah's Lane; 02.00 RUNNING THENCE North 67' 06' 50" East 20 feet; THENCE North 26° 39' 20" West 20 feet; Lot THENCE North 670 06' 50" East 101.22 feet; p¢0-021--aAB- THENCE North 67° 11' 30" East t- '4.5`1 feet; oa 1.6 a a/ THENCE South 260 56' 00" East 1268 Wk feet to a monument at the northeasterly side of land now or formerly of Blackly; THENCE along said land South 63" 49' 30" West 187.61 feet; THENCE North 25" 44' 30" West 420 feet; *. 4 THENCE South 64" 15' 30" West 359.99 feet; THENCE North 250 44' 30" West 27.68 feet; THEN= South 670 29' 30" West 200 feet to the northeasterly side of Alvah's Lane; \ -1- ARTHUR J. FELICE ' C OR Q E d JUL s 1983 `^ . RE. Clerk of Suffolk County, 4,�tk93 not 51 )" THENCE along the northeasterly side of Alvah's Lane the following three (3) courses and distances: (1) North 250 44' 30" West 102.07 feet; (2) North 290 14' 40" West 487.44 feet; (3) North 26° 39' 20" West 240.53 feet to the point or place of BEGINNING. BE,% AMID UMMED D to be the development rights to a portion of the premises conveyed to the party of the first part by deed dated July 26, 1973 and recorded in the Suffolk County Clerk's Office in Liber 7458, page 74. To HAVE AMID To HCM the said Development Rights in the premises herein granted unto the party of the second part, its successors and assigns, forever; THIS DEED is made in the ordinary course of business of the party of the first part and does not constitute a conveyance of all or substantially all of its assets. AMID 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. 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 for the purpose of agricultural production. The developnent rights conveyed herein are subject to the further terms and provisions as set forth in a certain contract of sale between the parties hereto dated b2c. Z 3 /'152 as the same is recorded in the office of the Suffolk County Clerk in Liber 4M,3, page 3741 , portions of which as contained4herein have and will survive the delivery of this instrument of conveyance. The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. LONG ISLAND VINEYARDS, INC. By: President - 2 - ARTHUR J. FELICE R -CORDED JUL 8 1983Clerk of Suffolk County,ry ,