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BARGAIN AND SALE DEED
THIS INDENTURE, made as of 1996, between
WALSH PARK BENEVOLENT CORPORATION ( "Grantor") , a Delaware
not- for-profit corporation, having an address c/o John E.
Schmeltzer, III, Esq. , Patterson, Belknap, Webb & Tyler LLP, 1133
Avenue of the Americas, New York, New York 10036-6710, and JAMES
R. SUEDMEIER and AMY LVNNFrSUEDMEIER ( "Grantee") , having an
address at 1 Peter' s Way, Fishers Island, New York 06390.
11 .11NEEEEIH:
That Grantor, in consideration of ten dollars ($10 . 00)
lawful money of the United States and other good and valuable
consideration paid by Grantee, does hereby grant, bargain, sell,
assign and release unto Grantee, its heirs or successors and
assigns forever, that dwelling unit (the "Unit") above the plane
defined by the top of the concrete, foundation located on that
certain plot, piece or parcel of land situate, lying and being in
the town of Southold, County of Suffolk, State of New York,
described as :
Lot 1 according to the major subdivision plan
prepared for Walsh Park Benevolent
Corporation and filed in the Office of the
Clerk of the County of Suffolk, State of New
York, as Map No. 8871, on December 22, 1989
( "Filed Map No. 8871" ) ,
SUBJECT TO all restrictions, covenants and conditions
set forth in the Ground Lease Agreement (the "Lease" ) , dated as
of September 29 , 1995 (the "Lease" ) , between Grantor, as lessor,
and Grantee, as lessee, a Memorandum of Lease with respect to the
Lease being intended to be recorded immediately prior to the
recordation of this deed in the Office of the Clerk of the County
of Suffolk, State of New York; all such restrictions, covenants
and easements set forth in the Lease to apply to and bind
Grantee, its heirs, successors and assigns; and
SUBJECT TO the Declaration of Covenants and
Restrictions recorded in the Office of the Clerk of the County of
Suffolk, State of New York, in Liber 10969 at Page 329 on
November 20, 1989 (the "Declaration" ) ; and
SUBJECT TO the Intercreditor, Leasehold Recognition and
Security Agreement, to which Grantee is a party, dated as of the
day and year first written above and recorded in the
RECORDED JUN U*VNID ncys C
g 1996 Cdk�'ri(OF 6UFt�(kJ(c4a(Rd!Y
I / l 7 7 BARGAIN AND SALE DEED
P (without covenant against grantor' s acts)
I �b
Walsh Park Benevolent Corporation
a Delaware not-for-profit corporation
to
James R. Suedmeier and Amy L�pnne Suedmeier
Tax Lot:
District 1000
Section 006 . 00
Block 02 . 00
Lot 003 . 00
Town of Southold
County of Suffolk
State of New York
Record and Return to:
James R. Suedmeier and
Amy Lynne Suedmeier
1 Peter' s Way
Fishers Island, New York 06390
�D RUVAM
RECORDED JUN 6 1996 COM orA cvOM Y