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nW IIsi IDIT RE..made the �'"F day of U ,nineteen hundred and ninety-two
BETWUN the NORTH FORK HOUSING ALLIANCE, INC., a not-for-profit corporation,
having its principal office at 18 South Street, Greenport, New York 11944,
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DISTRICTSE!1 f?7i 1 _f Sµ{:;r L07 12010s�
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D(^ aftheBrst and Inc.,
Pte' Pte. HABITAT FOR HUMANITY OF SUFFOLK, /a not-for-profit corporation
with an office at Brookhaven Drive (Box 148) , Rocky Point, NY 11778,
RECF VE
REAL ESTATE
JUN 11 1992 3
platy of the second part, TRANSFER TAX
SUFFOLK
C011NTY
VAMWESSEM that the party of the first part,in consideration of
dollars,
lawful money of the United States, Paid
by the party of the second part, does hereby remise, release and quitclaim unto the party of the second part,
CROP
the heirs or successors and assigns of the party of the second part forever,
E°dOW A
y`F�V ICi�C$
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate.
lying and being in the Town of Southold, County of Suffolk and State of New York, known
and designated as Lot No. 83 on a certain map entitled, "Map of Greenport
District Driving Park' filed in the Suffolk County Clerk's Office on 12/1/09 as Map No.
1000 369.
Section FURTHER, notwithstanding the above description, it is the intention of this
048.00 conveyance to give title only to such property as was acquired by the Town of
Block
Southold by Tax Deed on May 14, 1987, from the County of Suffolk, New York, and
02.00 recorded on May 14, 1987 in Liber 10318, Page 541.
Int PROVIDED, however, that the Habitat for Humanity of Suffolk, will be restricted
024.000 in its use of the subject premises and will use said premises solely and
exclusively for affordable housing purposes; all right, title, and interest will
revert to the North Fork Housing Alliance, Inc. , at the sole option of the North
Fork Housing Alliance, in the event that the Habitat for Humanity, at any time
uses or attempts to use said subject premises for other than affordable housing
purposes, in accordance with the approved plan submitted by the Habitat for
Humanity. The reverter clauses contained herein shall apply to the grantee, or
any transferee from the grantee formed pursuant to Article XIX - Affordable Home
Ownership Development Program of the Private Housing Finance Law of the State of
New York, or a not-for-profit corporation formed under 5402 of the
Not-for-Profit Corporation Law for affordable housing purposes.
Additionally, if any one or more of the following occurs, the property secured
by this deed shall revert as hereinbefore set forth:
1. If the Habitat for Humanity fails to construct or complete construction of
affordable housing unit or units on said property within three (3) years from
the date of this deed;
2. If the Habitat for Humanity sells or otherwise transfers an affordable
AA housing unit or units to a purchaser or purchasers whose total annual household
NI income, from all sources, is above the maximum income limits for non-targeted
l (/� areas in the State of New York Mortgage Agency's Affordable Housing Program for
Suffolk County;
QCrnQncr1 JUN 11 1992, r