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HomeMy WebLinkAboutL 12755 P 955
1111111 IIII IIIII IIIII IIIII IIIII IIII IIIII IIIII 1111 I[II
I II[Ill IIIII IIIII IIII IIII
SUFFOLK COUNTY CLERK
RECORDS OFFICE
RECORDING PAGE
Type of Instrument: DEED Recorded: 12/11/2013
Number of Pages: 6 At: 11:26:09 AM
Receipt Number : 13-0158697
TRANSFER TAX NUMBER: 13-13033 LIBER: D00012755
PAGE: 955
District: Section: Block: Lot:
1000 089.00 03.00 001.001
EXAMINED AND CHARGED AS FOLLOWS
Deed Amount: $415,000.00
Received the Following Fees For Above Instrument
Exempt Exempt
Page/Filing $30.00 NO Handling $20.00 NO
COE $5,00 NO NYS SRCHG $15.00 NO
EA-CTY $5.00 NO EA-STATE $250.00 NO
TP-584 $5.00 NO Notation $0.00 NO
Cert.Copies $0.00 NO RPT $60.00 NO
Transfer tax $0.00 NO Comm.Pres $5,300.00 NO
Fees Paid $5,690.00
TRANSFER TAX NUMBER: 13-13033
THIS PAGE IS A PART OF THE INSTRUMENT
THIS IS NOT A BILL
JUDITH A. PASCALE
County Clerk, Suffolk County
1 j12;
RECORDED
Number of pages 2013 Dec 11 11:26:09 AM
JUDITH A. PASCALE
CLERK OF
This document will be public SUFFOLK COUNTY
record. Please remove all L D00012755
Social Security Numbers P 955
prior to recording. DT# 13-13033
Deed / Mortgage Instrument Deed / Mortgage Tax Stamp Recording /Filing Stamps
3 FEES
Page/ Filing Fee :10 Mortgage Amt.
1. Basic Tax
Handling 20. 00 2. Additional Tax
TP-584 J Sub Total
Notation Spec./Assit.
or
EA-52 17 (County) Sub Total Spec. /Add.
i
EA-5217 (State)- TOT. MTG. TAX
Dual Town Dual County
R.P.T.S.A. V•V Held for Appointment
Comm. of Ed. 5. 00~ Transfer Tax L
Affidavit Mansion Tax
Certified The property covered by this mortgage is
Copy or will be improved by a one or two
NYS Surcharge 15. 00 2 family dwelling only.
Sub Total 3 YES or NO
Other _
Grand Total If NO, see appropriate tax clause on
p of thi instru~ent.
Z/7) /
4 Dist iQ(j^ c m 4G n,D 5 Co munity Preservation Fund l
Real Propert, 13023739 1000 08900 0300 001001 Consideration Amount $ Ov
Verification R DTY llllil~l~lll~~`I'lllll~lllllll~N,lllQ~lll~ /CF Tax Duel $ 530
03SEP-1 Improved
6 Satisfac_- -...._._..._.....y,. .as
RECCORRDD & RETURN TO: Vacant Land
'
601 kemuz, so-(" 6(pc) 1 TD
TS" 40A, I) L~ to O T ~ -793 TD
Mail to: Judith A. Pascale, Suffolk County Clerk 7 Title Company Information
310 Center Drive, Riverhead, NY 11901 Co. Name :j-dC4S
www.suffolkcountyny.gov/clerk Title» ~
8 Suffolk County Recording & Endorsement Page
This page forms part of the attached ~ made
by: (SPECIFY TYPE OF INSTRUMENT)
mil TJU I~C~rU~ r~G> FU S4- The premises herein is situated in
[
SUFFOLK COUNTY, NEW YORK. II
1
TO ( In the TOWN of Ic v Aflo
1 !i~ 4 e~CL~- In the VILLAGE
or HAMLET of
BOXES 6 THRU 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING.
over
t~ + THE J L TITLE INSURANCE AGENCY LLC Or
800 WEST CHESTER AVENUE-SUITE 9.340 rI ("~/pt./!
' RYE BROOK, NEW YORK 10573
914-981.6700
THIS INDENTURE, made this`/ day of August, 2013
BETWEEN
LIQUIDATION TRUSTEE SERVICES, LLC, a Delaware limited liability company, c
as TRUSTEE of the TFC LIQUIDATING TRUST
99 Summer Street
Boston, Massachusetts 02110
party of the first part, pursuant to a Liquidating Trust Agreement dated as of June 6, 2011 made
pursuant to an Amended Joint Chapter I I Plan of Reorganization dated May 2, 2011 in a
Chapter 11 bankruptcy proceeding in In re JNL Funding Corp. and In re Joseph Forgione, Case
No. 10- 73724 and 10-73726 (jointly administered) in the United States Bankruptcy Court in the
Eastern District of New York, and
1275 CEDAR BEACH LLC C
Attn: Brad Winsto
P.O. Box 1279aftr~ S~
Southold, NY 11971
part of the second part,
WITNESSETH, that the part of the first part, in consideration of Four Hundred Fifteen
Thousand and 00/100 dollars ($415,000.00) and other valuable consideration paid by the part of
the second part, does hereby remise, release, and grant unto the part 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 building(s) and improvements erected
thereon, situate, lying and being in the incorporated Town of Southold, County of Suffolk and
State of New York, known and designated as 1275 Cedar Beach Road, more particularly
bounded and described as follows:
EXHIBIT B
(Legal Description)
All that certain plot, piece or parcel of land situate, lying and being at Bayview, in the Town of
Southold, County of Suffolk and State of New York, shown on a certain map entitled,
Subdivision Map of Cedar Beach Park, situate at Bayview, Town of Southold, and filed in the
Suffolk County Clerk's Office on December 20, 1927 as Map No. 90, more particularly bounded
and described as follows:
BEGINNING at the corner formed by the Intersection of the southerly side of Orchard Lane
(private) with the easterly side of Cedar Beach Road;
/ ~ ICJ
THENCE RUNNING along the southerly side of Orchard Lane South 66 Degrees 52' 20" East
451.63 feet (deed) (451.76 feet actual) feet to the westerly side of Clearview Road (private);
RUNNING THENCE along the westerly side of Clearview Road South 8 Degrees 07' 40" West
122.02 feet to the northwesterly side of Clearview Road, South 66 Degrees 10' 10" West 279.58
feet to the northerly side of Lot 51 on said map;
RUNNING THENCE along the northerly side of said Lot 51, North 66 Degrees 52' 20" West
292.52 feet to the easterly side of Cedar Point Drive (private);
RUNNING THENCE along the easterly side of Cedar Point Drive and along the easterly side of
Cedar Beach Road North 23 Degrees 07' 40" East 322.11 feet (deed) (322.20 feet actual) to the
corner first above mentioned at the point or place of BEGINNING
Said premises being known as 1275 Cedar Beach Road, Southold, New York.
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 until 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 part of the first part, in compliance with Section 13 of the Lien Law, covenants that the
party 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
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 be construed as if it read "parties" whenever the sense of this indenture
so requires.
f IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and
year first above written.
IN PRESENCE OF
Grantor:
TFC LIQUIDATING TRUST
By: Liquidation Trustee Services LLC
Its sa trustee
By: 1~- 2~z~
Name: Michael J. Tsandilas
Title: Vice President
yf,.
S
r~
STATE OF NEW YORK
COUNTY OF NEW YORK, ss.
On the _Zj/day of August, 2013 before me, the undersigned, personally appeared
MICHAEL J. TSANDILAS, Vice president of Liquidation Trustee Services, LLC, Sole Trustee
of TFC Liquidating Trust personally known to me or proved to me on the basis of satisfactory
evidence to be the individual(s) whose name(s) is(are) subscribed to within instrument and
acknowledged to me that he/she/they executed the same in his capacity, and that by his/her/their
signature(s) on the instrument, the individual(s), or the person upon behalf of which the
individu I(s) a d exe t d the instrument.
Notar c
WILLIAM F. MCMAHON
Notary Public, State of New York
No. 01 MC6007196
Qualified in Nassau County
Commission Expires May 18, 2014
f= T
;
BARGAIN AND SALE DEED ADDRESS: 1275 Cedar Beach Road
WITH COVENANTS Southold, New York
Title # `Z VY 6)r
DISTRICT:
Grantor:
Liquidation Trustee Services, LLC, as SECTION: 89
Trustee of the TFC Liquidating Trust
TO BLOCK: 3
Grantee:
1275 Cedar Beach LLC LOT: 1.001
COUNTY: Suffolk
Record and Return to:
Eliot Goldman, Esq.
501 Fifth Avenue, Suite 601
New York, NY 10017-7830
1592350.2 1 n '
1.!'IFii~iNr
ji
Up F
d
a'
INSTRUCTIONS(RP-5217-PDF-INS): www.orps.slate.ny.us
FOR COUNTY USE ONLY p Now York State Department of
Cl. Swl$ Code , y, 7, Taxation and Finance
C2. Date Deed Recorded jo~,/ / / / 13 Office of Real Property Tax Services
C wdr ON - Q RP- 5217-PDF
CS. Book 7 J C4. Pape Real Property Tlanalor Report (8110(
PROPERTY INFORMATION
1. Properly 1275 Cedar Beach Rd.
Location
' 811EE1 NaaER 'STREET NNE
Southold 119.11
• arras Town M AGE • ape
2. Buyer 1275 Cedar Beach LLC
Name
• N!T IrxxE T:ewyAM river NAMF
3. Tax Indlrmswharaluan Tax BBSamtobesani 1275 Cedar Beach LLC Atcn: Brad Wins Lon
Billing d other than buyer address(n boners of lam) lASi wwa-ccupnw rIRsT r.sas
Address
P.O. Box 1279 Southold NY 11971
SMEETNMMmRaOGY4E envrxt Feral STATE tip ca°S
4. 1ndleata the number of Assessment 1 a of Parcels OR FI Port d a Parcel (Only If Part of a Permit Check as they apply.
Rail parcors transferred an tine deed 4A. Planning Bold with Subdivision Authority Exists
5. Deed X Oft 3 . 10 4B. Subdivision Approval was Reqused fm Ironslar
Property •rROM FEET •pFp3r 'Af:R® T'
St.. 4C. Parcel Approved for Subdivision with Map provided
C
Liquidation 'trustee Services LLC
a. Sollsr •IAST NAMEICfaw41Y FIRST RxNL
Nome Trustee of TFC Liquidatin gTrust
twin auereoerwa• FaarFlAw.
'7. Select the description which most accurately describes the Check the boxes below as they apply:
ruse of the property at the time at sets: a. Ownership Type is Condominium
F. l.nnln erdal 9. Now Construction on a Vacant Land
10A. Properly Located whin an Agricultural District
708. Buyer reached a disclosure notice indicating that the property a in an ?
Agricultural District
SALE INFORMATION 15. Check one or more of these conditions as opplicabts to transfer.
HA Salo Bnween Relatives or Former Relatives
11. Bale contract Dsts 07/16/2013 B. Sale between Related Companies or Partners in Business
C One or the Buyers is aim a Seller
' 12. Date of Salo/Transfer 08/21/2013 D Buyer co, Soler is Gavomment Agency or Lending Institution
E. Deed Type Trot Warronty or Bargain and Sale (Speedy Bolowf
_ F. Sale of FrocWnal or Less than Fee In:°mst (Specify Below)
Full Sale Price 415,000.00 G. Significant Change in property Between Torable, Status and Salo Dates
_ H. Salo of Business is Included in Salo Prim
( Full Sale Pries is the tatal amount paid for the pmpwty including personal property. I. Other Unusual Factors Affecting Sale Price (Specify Boloiv)
This payment may be in the form of cash. other property Or goods. or the assumption of J. None
mortgages or other obligations 1 passe found to the menial Irhdfe dollar emmne.
Cemmom(s) on CmdlUOn:
14. Indicate the value all pemonal
property included In the sets _ .00
ASSESSMENT INFORMATION • Data should reeled the latest Final Assessment Roll and Tax Bill
16. Year of Assessment Roll from which Information taken(YY) 13 '17. Total Assessed Value 11,700
Property Class 421 _ •19. School District Name 05-Southold
-20. Tax Map IdentlR°r(SyRoll Identifier(s) (1f mom than four. attach shoot with additional identifier(a))
1000-089.00-03.00-001.001
CERTIFICATION
1 Gerdy that all or the Isms of I mormatlon entered on this form am true and mi rect (ta the best a my knowledge and belief) and I understand that the making all any willful
false statement of material fact heroin subject me to the. pmrlslgna of the.p9pal Islxmlative to the making and filing of false Instmmsnts.
j,kER-$lGNATYBE BUYER CONTACT IpJF9RMATION
rEr Ar rgamBWn for Ow iwyw. Ndo h buyw n LLC,.rooery eswo"% ompamlee pm sxa company. Gain, or
ar" ram b at n ndwhal newt a fduoary. tern stone and aslme imamabw d on in"itu droapanON
a" who tan sera qusams regaining the Sander must be moved Type or prim claaay I
aE: Rlra.AnaiE
BUY R.$IGNA?URE Winston Bradford
I • Wl NMY: M1RST NME--~ I 'AREA maE •TETER41ra.NUMSLRIL, drawer)
a EIbAAIUI' - ~._.1 -~Mr.--~-~I~
•~1 -STREET Nr m 'STREET~
-c"ORTilae •aTA1E •m COOL
jLUIXKS AkII9.RNEY.
I
Goldman - Eliot -
' t S1 NAxE 1 sell wan.
1 r
(212) 867-7600 _
I MFN COeC iREPIONFNIYEER (F, arrserst
I ' I