HomeMy WebLinkAboutL 12772 P 638 111111111111 IIIA VIII VIII VIII VIII VIII VIII IIII IIII
1111ii1 Ifll1 VIII IIII IIII
SUFFOLK COUNTY CLERK
RECORDS OFFICE
RECORDING PAGE
Type of Instrument: DEED Recorded: 05/01/2014
Number of Pages: 11 At: 04:32 :30 PM
Receipt Number : 14-0056778
TRANSFER TAX NUMBER: 13-25029 LIBER: D00012772
PAGE: 638
District: Section: Block: Lot:
1000 056.00 07.00 005.000
EXAMINED AND CHARGED AS FOLLOWS
Deed Amount: $650,000.00
Received the Following Fees For Above Instrument
Exempt Exempt
Page/Filing $55.00 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 $180.00 NO
Transfer tax $2,600.00 NO Comm.Pres $11,500.00 NO
Fees Paid $14,635.00
TRANSFER TAX NUMBER: 13-25029
THIS PAGE IS A PART OF THE INSTRUMENT
THIS IS NOT A BILL
JUDITH A. PASCALE
County Clerk, Suffolk County
Number of pages RECORDED
1014 May 01 04:32:30 PM
JUDITH A. PASCALE
This document will be public CLERK OF
record.Please remove all ,
SUFFOLK COUNTY
Social SecurityNumbers L G00011772
P 630
prior to recording. DT# 13-25029
Deed/Mortgage Instrument Deed/Mortgage Tax Stamp Recording/Filing Stamps
3 1 FEES
Page/Filing Fee Mortgage Amt.
1.Basic Tax
Handling 20. 00 2. Additional Tax
TP-584 Sub Total
Notation Spec./Assit.
d
EA 52 17(County) Sub Total or
.-- Spec./Add.
L-PmTi6�—ofEd.
-7-(State) j � TOT.MTG.TAX
Dual Town Dual County
.A. "7i Held for Appointment
5. 00 Transfer Tax
r
Affidavit + �+ Mansion Tax
"phi}y�ID� The property covered by this mortgage is
Certified Copy or will be improved by a one or two
NYS Surcharge 15. 00
family dwelling only.
Sub Total � C7
YES or NO
Other
Grand Total / J �/' If NO, see appropriate tax clause on
page# of t is instru en .
2
14010702
4 Dist. 0500 5 5 Community Pre ervation Fund
Real Property
rope ty R ASMI PR 1 I I III Illftjj�jjj�11�111�
li lla Consideration Amount$
Tax Agency CPF Tax Due $
Verification -- - -- -J
Improved
6 Satisfactions/Discharges/Releases List Property Owners Mailing Address
RECORD&RETURN TO: Vacant Land
BULLARD LAW GROUP,PLLC TD
225 OLD COUNTRY ROAD TD v
MELVILLE,NY 11747
ATTN: Edward J. Bullard,Jr. Esq. TD
Mail to:Judith A.Pascale,Suffolk County Clerk 7 Title Company Information
310 Center Drive, Riverhead, NY 11901 Co.Name ALL SHORE ABSTRACT,LTD
www.suffolkcountyny.gov/clerk
Title# ASA-608-S-10046D
8 Suffolk County Recording & Endorsement Page
This page forms part of the attached DEED Ih9 L .0 made
by: ECIFY TYPE OF INS RUMENT)
PRINCIPI PROPERTIES The premises herein is situated in
SUFFOLK COUNTY,NEW YORK.
TO In the TOWN of SOUTHOLD
NORTH FORK LENDING LLC In the VILLAGE
+-' Gr HAMLET of GREENPORT
BOXES 6 THRU 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING.
over
p T S
Doc ID: 1401070 R SMI A
(0-ADPR-14
Tax Maps
District Secton Block Lot School District Sub Division Name
1000 05600 0700 004001
1000 05600 0700 005000 GREENPORT
1000 05600 0700 011000 -GREENPORT
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
�lc� 2Qr
THIS INDENTURE,made the ✓ day of� ��'�`� ,
BETWEEN
PRINCIPI PROPERTIES,LLC,a New York limited liability company,having an address at 8595 Cox Lane,
Cutchogue,New York 11935
parry of the first part,and
NORTH FORK LENDING LLC,a New York limited liability company,having an address at c/o Westerman Ball
71 CC T Ederer Miller&Sharfstein,LLP, 1201 RXR Plaza,Uniondale,New York 11556 r/
priilvs,
d 1!}fcflde4 fo be , Sarrlej�Atf OF ftSaro ,,
/000 parry of the second part, rem c(esetIbrd (n Q. Cee-10jo dad fo 44r mf{ t'f *r,1G(sf-
fD1 dce4 in Libc 2q-fo a3c INC),IN0 af-(-OF dccd rnl�i bu lay!10
c. Gqa nnc � Acrd in r_ib,cr taq-10 l'sagc 4qq
0 WITNESSETH,that the party of the first part,in consideration of ten($10.00)dollars 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,
D 7 D ALL those certain plots, pieces or parcels of land, with the buildings and improvements thereon erected,
situate,lying and being in the County of Suffolk,State of New York,as more particularly described in Schedule
A attached hereto and made a part hereof(collectively,the"Property").
7' TOGETHER with all right,title and interest, if any,of the party of the first part in and to any streets and roads
7 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.
QD QUA 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 except for a
any subordinate mortgages of record.
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 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.
Deed in Lieu of Foreclosure. As this Deed is being executed and delivered in lieu of foreclosure of the
Mortgage (as defined below), the party of the first part hereby makes the fallowing representations and
warranties:This Deed is an absolute conveyance of the title to the Property,in effect as well as in form,and is
not intended as a mortgage, conveyance in trust or as a hypothecation of any kind or character; that the
possevion of the Property has been surrendered to the party of the second part,and title to the Property has
been conveyed to the party of the second part;that the conveyance herein is freely and fairly made;that the
party of the first part has no option to purchase or any other right,title or interest in or to the Property;that the
Property is encumbered by the mortgage listed on Schedule B attached hereto and made a part hereof(the
'Mortgage');that this conveyance is not made in fraud upon the rights of any creditors of the party of the first
party, or of any other person or persons whomsoever; and that each, all and every of the representations of
the part of the first part herein made are, and each of them is made, for the benefit of any person hereafter
acquiring any right's,title or interest in or to the Property and of any title insurance company which may insure
rights,title or interest of any such person,and each of such persons is,and all of them are,authorized to rely
upon each, all and every of the foregoing representations,which are freely and fairly made without menace,
fraud, duress or undue influence on the part or any person whomsoever. The foregoing representations and
warranties are acknowledged by the party of the first part to be material,and are made by the party of the first
part to induce the party of the second part to accept this Deed in lieu of foreclosure,with the knowledge and
expectation that the party of the second part will rely on each and every one of the foregoing representation
and warranties,and the party of the first part shall indemnify and hold harmless the party of the second part for
any cost,expense,damage or claim,of whatever nature,incurred by the party of the second part as a result of
the incorrectness of any such representation or warranty. _Tbr- coisidtrah oy) Wrtobre, f 5 4hR Rall
relrasc G=al i c+ebfs,finds,noes, a f-Cm) costs and efyorsunder*e.-terms(�e
cerfuln mor.%acrs ec-&f an-+�e I�J�r b,
f (Deed In Lieu of Foreclosure l 46.00 7 �v '�� Cx•I niconV611rd a,(�� ci/j.h-(j 3.3D-o _
i9/(JJ Form 1000-7 ` t'd 25-O to Wt?SufFO(K 1 elvk's Uf ier rJcl�Jt(,c-,-f'.LC Cru��f/38S IV(�9
>n LaXr �z Mot hawc�Cttc� (o-'5,03 �eccrc(t- (0-1t;_03 f,1 Suffolk � CkikS
crmtr�cdrd `�t.id i �ILI��3, is CQ I ve�at7Ce eometel� #r 'Ies sore; ( ad15 carllGec
n�x+g . (1t3IPs t ftP�l N 17/eW twl cu►d (�,orr/
THE PARTIES HEREIN DO NOT INTEND THAT ACCEPTANCE OF THIS DEED IN LIEU OF
FORECLOSURE BE DEEMED TO CONSTITUTE A MERGER OF THE MORTGAGE REFERRED TO IN
THE PRECEDING PARAGRAPH WITH THE FEE CONVEYED HEREBY BUT THAT THE MORTGAGE
SHALL REMAIN AS 0000 AND VALID MORTGAGE SEPARATE AND APART FROM ANY OTHER
INTEREST OF GRANTEE IN FEE. FURTHER,THE TRANSFER CONTEMPLATED BY THIS DEED SHALL
NOT CONSTITUTE A FULL OR PARTIAL SATISFACTION, WAIVER OR RELEASE OF THE
INDEBTEDNESS EVIDENCED BY ANY INSTRUMENT SECURED BY OR MADE IN CONJUNCTION WITH
THE MORTGAGE.
The word'party"shall be construed as if it read"parties'when ever 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: �^PRRIINCCIPI PROPERTIES,LLC
G
Name:
Title:
tDwd in U�or Fo�w.00 r aoda3dds.DOC q
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i
USEACKNOWLEDGMENTFORMBELOWR7THJNNEWYORKSTATEONLY: USEACKNOWLEDGMENTFORMBELOWunwNNEWYORKSTATEONLY:
State of plYorly County of Suffolk}ss.: State of New York,County of f }ss.:
n the 73 of April in the year 2014 On the day of in the year
forer e, he undersigned,personally appeared Richard J.Principi before me,the undersigned,personally appeared personally
Jr., personally known to me ort proved to me on the basis of known to me or proved to me on the basis of satisfactory evidence
satisfactory evidence to be the individual(s)whose name(s)is(are) to be the individual(s) whose name(s) is (are) subscribed to the
subscribed to the within instrument and acknowledged to me that within instrument and acknowledged to me that he/she/they
he/she/they executed the same in his/her/their capacity(ies),and that executed the same in his/her/their capacity(ies), and that by
by his/her/their signature(s)on the instrument,the individual(s),or his/her/their signature(s)on the instrument,the individual(s),or the
the person upon be fol whiciMlSCIWAGNA xecuted person upon behalf of which the individual(s)acted, executed the
the instrument. �(����:Cinstrument.
S.JULIE
NOTARY PUBLIC-STATE OF NEW YORK
No. 01 Mj6091492
Qualified in Suffolk County
My Commission Expires April 28,2015
ACKNOWLEDGMENTFORMFORUSE6WITHINNEWYORKSTATEONLY ACKNOWLEDGMENTFORMFORUSEOUTSIDENEWYORKSTATEONLY
(New York Subscribing Witness Acknoivledgmen!Certificate) (Out of State or Foreign General Acknowledgment Certificate)
State of New York,County of ; )ss.: )ss.:
On the day of in the year (Complele Venue with State_Cauretry,Province or Muni'cip`ality)
before me,the undersigned,personally appeared On the day of in the year
the subscribing witness to the fo>,egoing instrument, with whom I before me,the undersigned,personally appeared
am personally acquainted, who,j being by me duly swom, did personally known to me or proved to me on the basis of satisfactory
depose and say that he/she/they reside(s)in evidence to be the individual(s)whose name(s)is(are)subscribed
to the within instrument and acknowledged to me that he/she/they
(if the place ofresidence is in a city,include the street and street number,if executed the same in his/her/their capacity(ies), that by his/her/
any,thereq);that he/she/they lmov!(s)to be the individual described their signature(s)on the instrument,the individual(s),or the person
in and who executed the foregoing instrument;that said subscribing upon behalf of which the individual(s) acted, executed the
witness was present and saw said instrument.
execute the same;and that said witness at the same time subscribed
his/her/their namc(s)as a witness thereto.
i
i
TITLE NO. DISTRICT
SECTION
BLOCK
LOT
COUNTY OR TOWN
TO
RECOR DED A T REQ UEST OF
Fidelity National Title Insurance Company
RETURNBYAWL70
BULLARD LAW GROUP,PLLC
225 OLD COUNTRY ROAD
NMLVILL.E,NY 11747
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SCHEDULE A
LEGAL DESCRIPTION
v
Deed In Lieu of Foreclosure i 00621646.DOC/}
ALL SHORE ABSTRACT LTD.
Title No. ASA-508-S-10046
SCHEDULE A
PARCEL A
ALL that certain plot, piece or parcel of land, with the buildings and improvements
thereon erected, situate, lying and being at Arshamomaque, Town of Southold, County
of Suffolk and State of New York, beginning at a monument set on the southerly side
of Main Road at a point where the northerly corner of premises herein described and
the northeasterly corner of land now or formerly of Sledjeski interesects the said
southerly side of Main Road;
RUNNING THENCE easterly and northeasterly along the southerly side of Main Road
the following two(2) courses:
1) North 69 degrees 07 minutes 20 seconds east, 151.91 feet to a monument;
2) North 51 degrees 37 minutes 20 seconds east, 154.01 feet;
THENCE southerly 760 feet along lots 14-18 ending at the southwesterly corner of Lot
1 and the Peconic Bay;
THENCE westerly 309 feet to the land of Sledjeski;
THENCE north 13 degrees 15 minutes 00 seconds west along land of Sledjeski and
thea an iron pipe, 633.52 feet to a monument on the southerly side of Main Road, at
the point or place of BEGINNING.
PARCEL B
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. 25, as shown on a certain map
entitled, "Map of Southold Shores at Arshamomaque, Town of Southold, Suffolk
County, New York, made by Otto W. Van Tuyl & Son, LLS., George, New York
dated July 1, 1963," and filed in the Office of the County Clerk of Suffolk County,
New York, on August 29, 1963 as Map No. 3853.
EXCEPTING so much therefrom that has been taken by the People of the State of New
York as shown on NYS Dept of Transportation Appropriation Map# 91 R-1, Parcel #
98 recorded in Liber 12489 cp 689.
PARCEL C
ALL that certain plot, piece or parcel of land, with the buildings and improvements
- continued on next page -
ALL SHORE ABSTRACT LTD.
FIRST AMERICAN TITLE INSURANCE COMPANY
Title No. ASA-608-S-10046
S C H E D U L E A (continued)
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. 14, as shown on a certain map
entitled, "Map of Southold Shores at Arshamomaque, Town of Southold, Suffolk
County, New York, made by Otto W. Van Tuyl & Son, LLS., Greenport, New York,
dated July 1, 1963," and filed in the Office of the Clerk of Suffolk County, New York
on August 29, 1963 as map no. 3853.
The policy to be issued under this report will insure the title to such buildings and
FOR improvements erected on the premises which by law constitute real property.
CONVEYANCING
ONLY TOGETHER with all the right, title and interest of the party of the first part, of, in and to
the land lying in the street in front of and adjoining said premises.
SCHEDULE B
MORTGAGE SCHEDULE
Al __
(Deed In Lieu of Fomclosure 100621646.DOC l3
ALL SHORE ABSTRACT LTD.
Title No. ASA-608-S-10046
MORTGAGES
(A)
Mortgagor: PRINCIPI PROPERTIES, LLC Amount: $1,064,000.00
AND VIRGINIA O'CONOR PRINCIPI
AND PRINCIPI FAMILY PROPERTIES, bated: August 30, 2006
LLC
Recorded: September 25, 2006
Mortgagee: DOMINION FINANCIAL CORPORATION
Liber: 21388 mp 150
Affects premises under examination and more.
ASSIGNMENT OF MORTGAGE
Assignor: DOMINION FINANCIAL CORPORATION Dated: August 1, 2007
Recorded: August 28, 2007
Liber: 21593 Page 424
Assignee: ISRAEL DISCOUNT BANK OF
NEW YORK
-continued on next page-
This title report sloes not show all the terms and provisions of the mortgage(s)set forth herein.
Interested parties should contact the holder(s) thereof to ascertain the terms,covenants and
conditions contained therein, and to determine if there are any unrecorded amendments or
modifications thereto. Page 4
ALL SHORE ABSTRACT LTD.
Title No.ASA-608-S-10046
M O R T G A G E S (continued)
ASSIGNMENT OF MORTGAGE
Assignor: ISRAEL DISCOUNT BANK OF Dated: May 8,2012
NEW YORK
Recorded: June 25, 2012
Liber: 22218 Page 582
Assignee: DOMINION FINANCIAL CORPORATION
ASSIGNMENT OF MORTGAGE
Assignor: DOMINION FINANCIAL CORPORATION Dated: May 10,2012
Recorded: June 25,2012
Liber: 22218 Page 583
Assignee: NORTH FORK LENDING LLC
i
i
-continued on next page-
This title report does not show all the terms and provisions of the mortgage(s)set forth herein.
Interested parties should contact the holder(s) thereof to ascertain the terins, covenants and
conditions contained therein, and to determine if there are any unrecorded amendments or
modifications thereto.
Page 4 a
e
ALL SHORE ABSTRACT LTD.
Title No. ASA-608-S-10046
MORTGAGES continued
(B)
Mortgagor: PRINCIPI PROPERTIES, LLC Amount: $1,750,000.00
AND PRINCIPI FAMILY
PROPERTIES, LLC Dated: June 5, 2003
Recorded: June 17,2003
Mortgagee: DOMINION FINANCIAL CORP.
Libel: 20421 mp 503
A Spreader Agreement between Israel Discount Bank of New York and Dominion Financial
Corporation and Principi Properties LLC recorded 12-9-09 in Liber 21892 page 600 spreads to
include premises under examination.
ASSIGNMENT OF MORTGAGE
Assignor: DOMINION FINANCIAL CORP. Dated: August 1, 2007
Recorded: November 1,2007
Liber: 21628 Page 950
Assignee: ISRAEL DISCOUNT BANK OF
NEW YORK
-continued on next page-
This title report does not show all the terms and provisions of the mortgage(s)set forth herein.
Interested parties should contact the holder(s) thereof to ascertain the terms,covenants and
conditions contained therein, and to determine if there are any iutrecorded amendments or
modifications thereto. Page Q b
i
INSTRUCTIONS(RP-5217-PDF-INS):www.txps.state.ny.us
FOP,COUNTY USE ONLY �+ �+ Now York State Department of ,
C1.SVVIS Godo is 2S (,� Taxation and Finance
C2.Date Deed Recorded 16 5'1-61/ /_/ I Office of Real Property Tans Services
jY DR //, J(�� RP-5217-PDF
C7.Book / / A.Page I , , y ( Real Properly Transfer Report(8110)
PROPERTY INFORMATION �. 1\ rph n n G
too N7�hyn Land
I.Pmp,ry 69600 Route 25
LocaBerh
'STREET NJYaiR •erRCCT NAYC
Southold
'CIT•ONTOWN IUAGE •20cox
2.Buyer North Fork Lending, LLC
Name
'LAST NWRCOYPAW FRB:NAYS
LAST NWEA:CYPAM FegT NANF
a.Tax adicale wham future Tax BUIS aro to be Sent
min" d other then terror aedreas(st bonom d form) wT NAWNCQmr .nal xWE
Ad*nx
STMETMWEAATONAYE CITY OR TOM STATE EBCODE
,.Indicate ties number of Asommont ') (Only N Pert ore ParMQ Clock as they apply:
Roll pacaM tTwI mod an the deed a or Parade OR ❑Pen aim Palest M.Planning Board with Subdnision Auto*Exists
Sc Dead X OR 0.00 41L Subdivision Approval was Required for Transfer D
Properly, •FSOAT FEET •DEP:N •40108
Bin 41C.Parcel Approved for Subdivision with Map PeWded
Principi Properties, LLC
e.Seller .,AST Wee CCYPAN• r■a:—L -'•.•.�
Name
WT NAYRrAYPMI'i rKST AAhE
'T.Saint Me description which most accurately describes th Chalk do base below as Soy appy:
ue of use property at no Rena of este: a.OwnereNp Type is Cor I 'mum El
F.CownerrMt" V( aunt /Qlcl S.Nor CCMrtudonmavacant Land
70A.Property LocdW within an Agricultural Oiahirt El
108.Buyer mosised a disclosure mules indicating Mg ithe properly is In an
Agricultural 0lskkt
[SALENFORMATI N 18.Check ow or mon of tlhese conditions as applicableto bwwbr.
A.Sale A' n Rothe or Former Relenves
71.Sale Combed Data B.Sale between Related CompaTdas or Penn=In Bue'daes.
••••••••••••••••••••••••••••••O C.One of ter Buyers k deo a Sder
1t Date M Sale/Trarofer `} L D.Buyer or Soler In Goremment Agency or Land"NmOUlon
E.Dead Type sot Worany or Bargain end SW(Specify B@kmq
F.Sal,of Frweaonal or'---then Fee InleroM(Specify Be"
Full Sale Priv 1350,000,0() GBig rif a Change In Pmpeny Behown Taxable Stua and Sale Dales
H.Sole of Business is Included in Sale Price
(Fug Sale Pam Is the tot amount paid for to properly,Mu*V personal popery I.Other Umoual Flamm Affecting Sale Prim(Seedy Below)
This payment may be In the form of=0.agar prolan or goods,or the eseuTnpaan of J Nom
101 es or cher oM*ftns.)Please rami te the nearest whole dtaramount.
•Cernnwrhl(s)on Condthow..
14 Indicate the rales or psmmal
property Included In the sale '00 Deed in lieu of foreclosure
ASSESSMENT INFORMATION-Data should reflect the latest Final Assessment R Tax Bill
19.Yew of AnewmM Rall ham which information taken(YY) /04// '17.Total Assessed Vtw
•18.ISoparyclass 311 _ •19.Schools 11' "Name Greenport
120.Tax Map hiend"yRoll IdoWAM4%)IN mon than four,eitach abet with addkk nal IdemiBegs))
56-7-9.001 56-7-11 56-7-5
CERTIFICATION
1 CedW eat MI oldo Issrra of Inf&nL tloe erdemd on this farm are trete and correct(to the bat of my knowledge and bellt)and 1 understand that the nuking Jany SAW
hlee statemerd of material feet berMn erd8eat note OteJN0YIN9M-Bf1M ga89LlatLnletlTre to the meking and lights of files Indmmenb.
cal i FR SLQNATURE @UYFJ'�NTgC7INFORMATION
(Emu IMamebaT for eco buyer K"Ir buyer a LLC.Sacety,Sawcw+on.GomweWn,pW MOO Company.■boas or
!arty ind UUUj V' neft ex41meant ethan ramee met on IRS rdomumanMwh nrNwadaepaerws
Party"S,Can
em"Orquwaasregamog"o■.sr mienso.mr.d.To.
arPrim
Oswhy.)
SELLER Ai RC WE
ER$1GBASLBE North Fork Lending, LLC
•UST NAIL MET-a
f WEACCCE nEUPOMEMUMMirr,areal
GATE
STRCCT NUYSER -SIZE=T NNE
illsii. ,111
-SWE ']PC"
BUYER'S ATTORNEY
Bullard Edward
LAST NWE ARE?—C(5161 368-8830
ARE'comTo Eeone'MM IE,SHMI