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Home My WebLink AboutL 12635 P 777SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DEED Number of Pages: 6 Receipt N,~mher : 10-0101115 TRANSFER TAX NUMBER: 10-02123 District: 1000 Deed Amount: Recorded: At: LIBER: PAGE: Section: Block: 083.00 03.00 EXAMINED AND CHARGED AS FOLLOWS $4,000,000.00 08/27/2010 01:15:18 PM D00012635 777 Lot: 004. 006 Received the Following Fees For Above Instrument Exempt Page/Filing $30.00 NO Handling COE .$5.00 NO NYS SRCHG EA-CTY $5.00 NO EA-STATE TP-584 $5.00 NO Notation Cert. Copies $0.00 NO RPT Transfer tax $0.00 NO Comm. Pres Fees Paid TRANSFER TAX NUMBER: 10-02123 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL Exempt $20.00 NO $15.00 NO $250.00 NO $0.00 NO $30.00 NO $77,000.00 NO $77,360.00 JUDITH A. PASCALE County Clerk, Suffolk County Number of pages This document will be public record. Please remove all Social Security Numbers prior to recording. RECORDED 2010 Aug 27 01:15:18 PM JUDITH ~. PRSCALE CLERK OF SUFFOLK COUHTY L D00012635 P 77? DT~ 10-02123 Deed/Mo,gagelnstrument Deed/MortgageTax Stamp I Recording/Filing Stamps 3 I FEES Page / Filing Fee OLd Handling 20. O0 TP-584 Notation EA-52 17 (County) EA-5217 eState) R.P.T.S.A. Comm. of Ed. Affidavit Certified Copy NYS Surcharge Other 4 1 Dist. RealProperty Tax Service Agency Verification 5. 00 15. 00 SubTotal Grand Total 200 f 10018838 zooo oe3o0 03o0 004006 6 Satisfactions/Discharges/Releases List Property Owners Mailing Address RECORD & RETURN TO: Kriss & Feuerstein LLP Jill DiGregorio 360 Lexington Avenue, 12th Floor New York, NY 10017 Mail to: Judith A. Pascale, Suffolk County Clerk 310 Center Drive, Riverhead, NY 11901 www.suffolkcou ntyny.gov/clerk Al( Mortgage Amt. 1. Basic Tax 2. Additional Tax Sub Total Spec./Assit. or Spec./Add. TOT. MTG. TAX Dual Town Dual County /~ Held for Appointment Transfer Tax I ~;~ ~, (~C) ~ Mansion Tax The property covered by this mortgage is or will be improved by a one or two family dwelling only. YES or NO If NO, see appropriate tax clause on page # __ of t his i n str u m~,,n_t.~,~flO Community Preservation Fund Consideration Amount .eaxDue "~'~ $ Improved VacantLand(~l TD TD TD 7 I Title Company Information I Title # 80476! Suffolk County Recording & Endorsement Page This page forms part of the attached by: North Fork Resources, Inc. Deed (SPECIFY TYPE OF INSTRUMENT) The premises herein is situated in SUFFOLK COUNTY, NEW YORK. made TO IntheTOWN of Southold 8595 Cox Lane Cutchogue LLC In the VILLAGE or HAMLET of BOXES 6 THRU $ MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. (over) BARGAIN AND SALE DEED WITH COVENANT AGAINST GRANTOR'S ACTS CAUTION: THIS AGREEMENT SHOULD BE PREPARED BY AN ATTORNEY AND REVIEWED BY ATTORNEYS FOR SELLER AND PURCHASER BEFORE SIGNING. THIS INDENTURE, made the 2nd day of August, in the year 2010, BETWEEN NORTH FORK RESOURCES, INC., a New York corporation having an address at 8595 Cox Lane, Cutchogue, New York 11935, party of the first part, and 8595 COX LANE CUTCHOGUE LLC, a New York limited liability company having an address at c/o Kriss & Feuerstein LLP, 360 Lexington Avenue, 12th Floor, New York, NY 10017, party ofthe second pan; WITNESSETH, that the party of the first part, for good and valuable consideration paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or successors and assigns of the party of the second part forever; ALL those certain plots, pieces or parcels of land, with the buildings and improvements thereon erected, situate, lying and being in the Town of Southold, County of Suffolk, State of New York, known as Section: 83, Block: 3, Lot: 4.006, and as more particularly described in Schedule A attached hereto; Being and hereby intending to convey the same premises as conveyed to the party of the first part by The Suffolk County National Bank, by Deed dated March 27, 1996 and recorded in the Suffolk County Register's Office on April 3, 2006, in Liber 11768, Cp 332. 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, TOHAVEAND TOHOLD 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 consideration as a trust fund to be applied first for the purpose of paying the cost of any improvement and will apply the same first to the payment of the cost of any improvement before using any part of the total of the same for any other purpose. AND FURTHER this deed is given subject to that certain Agreement of Spreader, Consolidation, and Modification of Mortgage, dated June 29, 2007, and recorded on July 18, 2007 in the Suffolk County Register's Office in Liber 21569, Mp 949 (the "Mortgage"). AND FURTHER, it is the intention of the party of the first part to transfer absolute fee simple legal and equitable title to the premises herein granted, being the same premises encumbered by the lien of the Mortgage. IT IS THE FURTHER INTENTION OF THE PARTY OF THE FIRST PART AND THE PARTY OF THE SECOND PART THAT THE MORTGAGE AND THE LIEN(S) CREATED THEREBY WILL NOT MERGE INTO THE FEE SIMPLE LEGAL AND EQUITABLE TITLE CONVEYED TO THE PARTY OF THE SECOND PART PURSUANT TO THIS DEED AND THAT THE OBLIGATIONS SECURED BY THE MORTGAGE WILL REMAIN OUTSTANDING AND UNRELEASED FOLLOWING THE RECORDATION OF THIS DEED, AND SHALL NOT BE DEEMED TO BE RELEASED, EXTINGUISHED OR SATISFIED UNLESS AND UNTIL SUCH TIME AS THE PARTY OF THE SECOND PART, IN ITS SOLE AND ABSOLUTE DISCRETION, SHALL CAUSE A FULL RELEASE THEREOF. This is a deed-in-lieu of foreclosure of the mortgage held by the party of the second part as a result ora default thereunder by the party of the first part. This Deed is executed voluntarily by the party of the first part, and not pursuant to duress or threats of any kind. Furthermore, it is executed and delivered in mutual good faith between the party of the first part and the party of the second part, and is not given or intended to hinder, delay, or defraud any creditor, or to contravene any of the bankruptcy laws of the United States or any applicable laws. 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. IN PRESENCE OF: NORTH FORK RESOURCES, INC. ~. mrincipi, Jr.(~ Acknowledgment by a Person Within New York State (RPL § 309-a) STATE OF NEg/~ YORK ) )ss.: COUNTY OF~~d~ ~b/~/,j,,..~ .].~) On the ~ day of~, in the year 2010, before me, the undersigned, personally appe~ed Richard J. Principi, Jr., personally known to me or proved to me on the basis of satisfacto~ evidence to be the individual(s) whose name(s) is (am) subscribed to the within instrument and acknowledged to me that he executed the same in his capaciW(ies), and that by his signature(s) on the ins~ment, the individual(s), or the person ~o~ehalf of which the individual(s) acted, executed the instrument. (signature and office of individual raking acknOWledgment) CONSTANCE LISOWY Nolary Public, State of New York No. 01LI6110900 Qualified in Suffolk County Commission Expires June 01, 2012 SCHEDULE A PROPERTY DESCRIPTION First American Title insurance Company of New York 'Rtle No.: 3060-255850 SCHEDULEA ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, SITUATE, LYING AND BEING IN AT CUTCHOGUE, IN THE TOWN OF SOUI'HOLD, COUNTY OF SUFFOLK AND STATE OF NEW YORK, BEING MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS: BEGINNING AT THE CORNER FORMED BY THE INTERSECT[ON OF THE SOUTHERLY SIDE OF OREGON ROAD AND THE WESTERLY SIDE OF COX'S LANE; RUNNING THENCE SOUTH 59° 55' 31" EAST, ALONG THE WESTERLY SIDE OF COX'S LANE 475.72 FEET; THENCE SOUTH 30° 12' 50" WEST, 559.78 FEET; THENCE NORTH 59° 55' 31" WEST, 513.96 FEET TO A POINT ON THE SOUTHERLY SIDE OF OREGON ROAD; THENCE ALONG THE SOUTHERLY SIDE OF OREGON ROAD THE FOLLOWING 2 COURSES AND DISTANCES: 1) NORTH 60° 49' 44" EAST, 90.38 FEET; 2) NORTH 29° 17' 16" EAST, 482.15 FEET TO THE CORNER, THE POINT OR ~LACE OF BEGINNING. FOR COUNTY USE ONLY C1. SWIS Coda PLEASE TYPE OR PRESS FIRMLY WHEN WRITING ON FORM INSTRUCTIONS: http:l/www.orps.state.ny.us or PHONE (518) 474-6450 C3. Sook I I ,~L,("~,'~,"'~ I C4. Pagol PROPERTY INFORMATION I IO ~ STATE B~RD OF R~L PROPE~ SE~ICES , RP - 5217 3. Tax Indicate where future T~ Bills are to be sent Billing if other than buyer addross let boRom of fo~ml Roll pmcels translerred on the deed FIRST NAME {OMy ff Pa~ d a Pamel) Cbock as they apMy: ,IA. Planning Board v/th Subdivision Autbodty Exists [] 48. S~bdivision Approval was flequi~l fm Transfer [] 4C. Parcel Approved for Subdivision with Ma;* Provided [] I !One Family Residential 2 or 3 Family Residential Residential Vacant L~nd Non-Residential Vacant Land ISA, E INFORMATION I 11. Bale Contra~ Date 12. Date of Sale I Tranafm E [] Agricultural I [] Community Sewice F ~ CommafrJal J ~ Industrial (;I--I Apartment K~ Public Service ] II I Entertainment I Amusement ].~J Forest I / / I t3. FullSafo~iee I , ,q. 0.~ .0. (Full Bale Price ia the total amount paid for the property including personal property. ~s payment may bo in tho ~orm of cash, other property or goecla, or the assumption of 14. Indicate the value of imrlen. I I ....... 0 ~ 0 I I ASSESSMENT INFORMATION - Data should reflect the latest Final Assessment Roll and Tax Bill I ~ I~ I 17. Total AMeMed Value (of aB plrcels in transfer) I Cbod~ the boxes below as they apply:. & Ownership Type is Condominium [] None · . 1.0.7.0.0, L CERTIFICATION 03-00 , , Ooq. ', I I certify Ihat MI ($ the itL,[i~ M' InfommtJon entered on IhLN form un~ Irm, and o)nx'cl Ilo the hem M' m)' kn(~led~e anti helJer) ami I under, land that the rilakln8 of any ~lllful fnJAe ~m~at id' Imiferinl fact herein ~tll subjet~ me [,) the pnfl'Ldom (d' the penal law nlntJve tn lite mekln~ and filing of false iiz, trument.q. BUYER SELLER BUYER'S AI'rORNEY I NEW YORK STATE COPY