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HomeMy WebLinkAboutL 8846 P 187 Srandard N.Y.B.T.L.Form 8002• -Bargam aad Sole Deed, wt'h Covenant against Grantor's Ac"—Individual or Corporation(single sheet m rt CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. _' S46P,�GE18 THIS INDF.I+PFf TRFi made the 30th day of June , nineteen hundred and eighty BEEN FAIRWAY FARMS INC., a domestic corporation, having its main place of business at (no number) Case's Lane, Cutchogue, Town of Southold, County of Suffolk and State of New York, 0 TRCT SEMOR BLOCK LOT t...a f�+ } e party of the first part,,,and WARREN E. BENEKE and MARION M. BEREKE, his wife, 'both r sidin g at 279 Sempton Boulevard, Franklin Square, New York, party of the second part, WITNESSETH,that the party of the first part,in consideration of Ten Dollars and other 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 that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the Town of Southold, at Cutchogue, known and designated as Lot Number Thirty-Two (32) on a certain map entitled, "Map of Fairway Farms", and filed.in the Cz? Office of the Suffolk County Clerk on February 15, 1974, as Map Number 6066. � t BEING AND INTENDED TO BE a portion of the same premises conveyed to the Party of the First Part herein by deed dated August 28, 1973, andiecorded in the Suffolk County Clerk's Office on November 9, 1973; in Liber 7526 at page 597. SUBJECT TO the Covenants and Restrictions recorded in the Office of the Suffolk 'p157. 1000 County Clerk on February 22, 1974, in Liber 7593 at page 34. THIS CONVEYANCE is made h the usual or regular course of business actually conducted S°EC. 109Oi by the Party of the First Part and does not constitute a conveyance of all or sub- stantially all of its assets. RIGHT OF FIRST REFUSAL: If at any time prior to December 1, 1987, the Parties of the Second Part or their heirs desire to sell the parcel herein, it is stipulated LCi 014W and agreed that said parcel shall be first offered for sale to the Party of the First Part or its successors, who shall thereafter within ten (10) days execute either a Contract of Sale or a refusal. This Right of First Refusal shall only be valid in the event the premises are vacant and unimproved, and shall have no force or effect in the event the Parties of the Second Part improve said premises with a house. a a` THIS CONVEYANCE has been made with the unanimous consent in writing of all the stockholders of the Party of the First Part. 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; TO HAVE AND TO HOLD 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 consid- eration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply the same first to the payment of the cost of the improvement before using any part of the total of the same for any other purpose. The word "party" shall he 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; FAIRWAY FARMS INC. By ` o P flip L. tabcock, President { _ € EdD ARTHUR J. FELICE ED 9 1 � �� ? I,..1. .,F f`..lf.t