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HomeMy WebLinkAboutMoffat Farm North LLC OFFICE LOCATION: .-MELISSA A. SPIRO so TONNM Hall.Annex LAND PRESERVATION COORDINATOR 54375-State Rdute 25 melis.'sa.spiioC&toxNm.southold.ny.us (comer of Main-Road& Youngs Avenue) Southold, New York -Telephone(631)765-5711 Facsimile(631)765-6640 MAILING ADDRESS: COU P.O.Box 1179 - :Southold,NY.11971�0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD RECEIVED. To: Elizabeth A.- Neville Town Clerk JA N- : 9 2015 From: Melanie Doroski Sr. Administrative-Assistant Southold Town Clerk Date� -January 9,-2015 Re: MOFFAT FARM NORTH,. LLC to TOWN OF SOUTHOLD Development Rights Easement SCTIVI #1000-55.4-110.4 Betty: Enclosed for safekeeping in your office, please find the following documents: Original Grant of Development Rights Easement dated October 30,'2014, between Moffat Farm North, LLCand.the Town. of Southold, recorded in the Suffolk. County Clerk's office on 1.1/12/2014, in Liber DOOO 12795, at Page 469' Original title insurance policy#5011436-0066559e issued by First American Title Insurance Company on October-30, 2014 in the insured amount of$1,288,384.50 (title no. 641-S-04097-) Original Declaration of Covenants and Restrictions dated October 2014, by Moffat. Farm North, LLC, recorded in the Suffolk County Clerk's office on 11/12/2014, in Liber DOOO 12,795, at page 470 Closing Statement Thank you. Melanie encs. cc: Assessors W/ copy of recorded easement & final.survey.. SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: EASEMENT Recorded: 11/12/2014 Number of Pages : 34 At: 12 : 02 : 35 PM Receipt Number : 14-0149268 TRANSFER TAX NUMBER: 14-09404 LIBER: D00012795 PAGE : 469 District: Section: Block: Lot: 1000 055 . 00 02 . 00 010 . 004 EXAMINED AND CHARGED AS FOLLOWS Deed Amount: $1,288,384 .50 Received the Following Fees For Above Instrument Exempt Exempt Page/Filing $170 . 00 NO Handling $20 . 00 NO COE $5 . 00 NO NYS SRCHG $15. 00 NO TP-584 $5 . 00 NO Notation $0 . 00 NO Cert.Copies $40 . 00 NO RPT $60 . 00 NO Transfer tax $0 . 00 NO Comm.pres $0 .00 NO Fees Paid $315 .00 TRANSFER TAX NUMBER: 14-09404 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL JUDITH A. PASCALE County Clerk, Suffolk County RECOWED JAN 8 2015 DER OF LAND" PRESERVATION FiEl Number of pages RECORDED 2014 Nov 12 12=02:35 PM jUD7_TH A. PASCIALE This document will be public CLERK OF SUFFOLK COUNTY record.Please remove all L DOOO12795 Social Security Numbers P 469 prior to recording. DT# 14-09404 Deed/Mortgage Instrument Deed Mortgage Tax Stamp Recording/Filing Stamps 3 FEES Page/Filing Fee 01 Mortgage Amt. 1.Basic Tax Handling 20. 00 2. Additional Tax Sub Total TP-584 Notation Spec./Assit. Sub Total Cl or EA-52 17(County) Spec./Add. EA-5217(State) TOT.MTG.TAX Dual Town Dual County R.P.T.S.A. Held for Appointment .Comm.of Ed. 5. 00 Transfer Tax P4- Affidavit Mansion Tax LLF) — The property covered by this mortgage is M :1 U or will be improved by a one or'two IN Surcharge 15. 00 family dwelling only. Sub Total YES—or NO Other Grand Total If NO, see appropriate tax clause on page# of this instrument. to 2826986 1000 05500 0200 010004 4 1 Dil';�' unity Preservation lund 5 Comm P T S I Real Property R SMI A Consideration Amount$ Tax Service 10-NOV-1 Agency CPF Tax Due $ Verification Improved 6 Satisfactions/Discharges/Releases List Property Owners Mailing Address RECORD&RETURN TO: Vacant Land Y-- \L- y- TD 0,ry-) TD TD Mail to:Judith A.Pascale,Suffolk County Clerk 7 Title Company information 310 Center Drive, Riverhead, NY 11901 Co.Nar��.'z uso I C_ 7T_T/ nl--4-67 www.suffolkcountyny.gov/clerk Title# C,Q I -S -S)(4 1)0�D 8 Suffolk County Recording & Endorsement Page This page forms part of the attached to e)(\ 0 P-7 Cf4 made by: (SPECIFY-ffP-E ON INSTAUMENT) �_U The premises herein is situated in SUFFOLK COUNTY,NEWYORK. TO In the TOWN of Q�yj C—) 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) GRANT OF DEVELOPM ENT RIGHTS EASEMENT THIS GRANT OF DEVELOPMENT RIGHTS EASEMENT, is made on the k/-day:of�'Octob,er, 2014 at Southold, New York.,The parties are Moffat Farm North, LLC,-With, an address of 49900 Route 481, Southold,. New York 11971,: P.O. Box 526, Bolinas, Qalifornia ,94924 (herein called ".Grantor"), and the TOWN OF SOUTHOLD,.a municipal'. P.O. Box corporation, having its-principal office' ' at 53095 Main, Road, �'Gr 1179,- S6uthold,,,.N6w York 11971. (hierein.,-called �'antee").and the. United States- of.America.("U n ited. States") by and through the-United States Department of Agriculture (""USDA") Natural Resources Conservation:Service,(""NRCS") acting pa behalf of the Commodity . Credit Corporation,.as its interest appears herein,-for the,purpose. of forever co.nserving the ag ricu Itu ra[ prod u.ctivity-of the Protected Property and its, va,lue- for resource preservation and a's open space.. INTRODUCTION" WHEREAS, Grantor is the owner in fee simple of certain.real property�located .ln the Town of Southold', SuffolV County, New York, identified as part Of SCTM #.1000-55-2-10.1, more fully descirlbed 'in. "hereto and made a.part hereof and SCHEDULE ""A" attached herein after-referred to as the ""Protected Property" a'ndshoWri on-the surveyprepared,by-Peconic Surveyors, P.C. dated June. 1.7-, 2014 .and ^4 A last revised-9-4 y -a reduced copy of which -is attached hereto y 1X�h­erelnafter referred to t he , h -the ""Survey." -and made-a part. he Of a as and Q,A 5eplernbe - q 7 6W11 WHEREAS, the Protected Property is located in the Agricultural Conservation (A-C).Zon'ing "District of the' Town of Southold; and WHEREAS, the Protected. Property contains solls classified as Class I and Cla'ss.II worthy-of-conservation as identified by'the United State.s .Depaitment.of.Agriculture, Natural,Resources' Conservation Service's (formerly the Soil Conservation Service) Soil Survey of Suffolk� County, New York;-and WHEREAS, The Federal Farm and Ranch Lands Protection Program's'purpose.is to assist in the purchase'of conservation easements on land with prime, unique, or other productive soil for the purpose.of protecting topsoil from- conversion to nonagricultural uses (16 U.S.C. 3838h and 38381). Under the,authority of the Farm and Ranch Lands .P60tection Program, the United States Department of AdHculture Natural Resources Conservation Service (hereinafter the "'United States" or ""NRCS") acting on behalf of the Commodity Credit Corporation, has provided Five Hundred Ninety-Three Thousand Seven Hundred Fifty and 00/100 DOLLARS ($593,750.00) to the Grantee for the acquisition of this Easement, entitling the United States to the, rights identified herein. WHEREAS, the Protected Property is part of the New York State Agricultural District #1, and the Grantor wishes to continue using the Protected Property for agricultural production as defined in this Easement; .and WHEREAS, the Protected Property is. currently used for row crops; and WHEREAS, it is the policy of the Town of Southold (the '"Town"), as articulated in the Town's Master Plan of 1973, amended in 1986 and 1989 as adopted by the Town Board, Town of Southold, and §272-a of the New York State Town Law (""Town Law"') to protect environmentally sensitive areas, preserve prime agricultural soils, to protect the scenic, open space character of the Town and to protect the Town's resort and agricultural economy.- and WHEREAS, the Protected Property in its present scenic and agricultural condition has substantial and significant value as an aesthetic and agricultural resource since it has not been subject to any development; and WHEREAS, Grantor and Grantee recognize the value and special character of the region in which the Protected Property is located, and Grantor and Grantee have, in common, the purpose and objective of protecting and conserving the present state and inherent, tangible and intangible values of the Protected Property as an aesthetic, natural, scenic and agricultural resource; and WHEREAS, Grantee has determined it to be desirable and beneficial and has requested Grantor, for itself and its successors and assigns, to grant a Development Rights Easement to Grantee in order to restrict the further development of the Protected Property while permitting compatible uses thereof; NOW THEREFORE, in consideration of One Million Two Hundred Eighty-Eight Thousand Three Hundred Eighty Four and 50/100 DOLLARS ($1,288,384.50) and other good and valuable consideration paid to the Grantor, the receipt of which is hereby acknowledged, the 2 Grantor does hereby grant, transfer, bargain, sell and convey to the Grantee a Development Rights Easement, in gross, which shall be binding upon and shall restrict,the premises shown and designated as the Protected Property herein, more particularly bounded and described on Schedule ""A"" annexed hereto and made a part of this instrument. TO HAVE AND TO HOLD said Development Rights Easement and the rights and interests in connection with it and as hereinafter set forth with respect to the Protected Property unto the Grantee, its successors and assigns forever, reserving, however, for the direct use and benefit of the Grantor, its legal representatives, successors and assigns, the fee title to the Protected Property, and the exclusive right of occupancy and of use of the Protected Property, subject to the limitations, conditions, covenants, agreements, provisions and use restrictions hereinafter set forth, which shall constitute and shall be servitudes upon and with respect to the Protected Property. The Grantor, for itself, and for and on behalf of its legal representatives, successors and assigns, hereby covenants and agrees as follows: 0.01 Grantor's Warranty Grantor warrants and represents to the Grantee that Grantor is the owner of the Protected Property described in Schedule ""A", free of any mortgages or liens, as set forth in Peconic Abstract, Inc. Title Report No. 641-S-04097 and possesses the right to grant this easement. 0.02 Grantee's Status Grantee warrants and represents to Grantor that Grantee is a municipal corporation organized and existing under the laws of the State of New York State and is authorized under §64 of Town Law and §247 of the New York State General Municipal Law ("General Municipal Law") to acquire fee title or lesser interests in land, including development rights, easements, covenants, and other contractual rights which may be necessary or desirable for the preservation and retention of agricultural lands, open spaces and natural or scenic resources. 3 0.03 Purpose The parties.recognize th.e,environmental,, natural, scenic, conservation and agricultural values of the.Protected-Property and have the common purpose of preserving these values by limiting nonagricultural uses of the Protected Property. This instrument is intended to convey a Development Rights Easement on the Protected Property by Grantor to Grantee, exclusively for the purpose of preserving Its, character in perpetuity for its environmental., scenic, . agricultural, conservation and natural values by preventing the use-or development of the Protected Property for any purpose or in any manner contrary-to the provisions hereof, in furtherance of federal,-. New York State and local- conservation policies. 0.04 Governmental Recognitio'h New York State has recognized the.importance of private efforts to preserve rural land in a scenic, natural, and open condition through conservation restrictions by the enactment of General Municipal Law §247. Similar recognition by the federal government includes §170(h) of the Internal Rev.enue Code (""IRC") and other federal statutes. 0.05 Documentation Grantee acknowledges by acceptance of this Development Rights Easement that present uses of the Protected Property are compatible with the purposes of this Easement. In order to aid in identifying and documenting the present condition of the Protected Property's natural, scenic, conservation,, ag'ricultural, and aesthetic resources and otherwise to aid in identifying and'documenting the Protected. Property's agricultural values as of the date hereof, to assist Grantor and Grantee with monitoring the uses and activities on the' Protected Property and ensuring compliance with the terms hereof, Grantee has prepared, with Grantor's cooperation, an Inventory of the Protected Property's relevant features and conditions (the ""Baseline Docu mentation"). This Baseline Documentation includes, but need not be limited to, a survey dated June 17, 2014, last revised july 18, 2014, preparedby Peconic Surveyors, P.,C. and a Phase 1. Environmental Site.Assessment prepared by Nelson, Pope and Voorhis, &Yt 12V LLCI.dated May 21,,'2014. Grantor and Grantee acknowledge and agree that in the event a controversy arises with respect,to the nature and extent of the Grantor's uses of the Protected Property or its physical condition as of 4 the date hereof, the parties shall not be foreclosed from utilizing any other relevant or material documents., surveys,, reports, photographs or other evidence to assist in the resolution of the controversy. 0.06 Recitation In consideration of the previously recited facts, mutual promises, undertakings, and forbearances contained in this Development Rights Easement, the parties agree upon its provisions, intending to be bound by it. ARTICLE ONE THE EASEMENT 1.01 Type This instrument conveys a Development Rights Easement (herein ' called the ""Easement"). This Easement shall consist of the limitations, agreements, covenants, use restrictions, rights, terms, and conditions recited herein. Reference to this ""Easement" or its '"provisions" shall include any and all of those limitations, covenants, use restrictions, rights, terms and conditions. 1.02 Definitions ""Development Rights" shall mean the permanent legal interest and right to prohibit or restrict the use of the Protected Property for uses or purposes consistent with the terms of this Easement, including agricultural production as that term is presently referenced in §247 of the General Municipal Law and/or defined in Chapter 70 of the Town Code of the Town of Southold (the ""Town Code" or "Code") now, or as Chapter 70 may be amended and including the production of crops, livestock and livestock products as presently defined in §301(2)(a)-(j) of the New York State Agriculture and Markets Law (""Agriculture and Markets Law"), now, or as §301(2)(a)-(j) may be amended, provided said amended provisions are inherently similar in nature to those crops, livestock and livestock products included as of th'e date of this Easement. No future restrictions in said laws and/or Code or limitation in the definitions set forth in said laws and/or Code shall preclude a use that is permitted under the current law and/or Code. ""'Improvement" shall mean any addition to raw land, such as structures, fences, wells or drainage. 5 "Protected' Property" shall-mean the property. sA6ct to this Easement, consisting of part of SCTM# 1000-55�2-,Wmoine fully described In the Schedule "W,attached hereto and made a part hereof and shown on the survey prepared by Peconic Surveyors, P.C. dated June 17, 2014 and last revised May 21, 20�� reduced copy of which is attached hereto and made a part hereof). q cgolq Sep "'Riding Aca'demy" shall mean a-business use of a lot for any of the following purposes: the letting of horses for hire to Individuals or groups whether supervi.sed-or.unsupervised, horseback riding instruction or the holding of horse shows or other equlne events. "'Structure" shall mean anythlng constructed.or erected on or under the ground or upon another structure or building, includi'ng walkways. Structures shall not include trellis, posts and wiring, farm roads, farm Irrigation systems, nursery mats, or fencing necessary for agricultural operations or to -mark the boundaries of the Protected Property, including without limitation fencing to keep out predator animals, including deer. Approvals for those items listed in the preceding, sentence shall be as required by applicable provisions of the Town Code. 1.0 Duration This Easement shall be a burden upon and run with the Protected Property in perpetuity. 1.04 Effect This Easement shalfrun with,the Protected Property as an incorporeal interest in the Protected Property, and shall extend'to and be binding upon Grantor, Grantor's age'nts, tenants, occupants, heirs, personal representatives,, successors and assigns, and all other individuals and entities and provides Grantee with the right to administer,- manage and enforce the Easement as provided herein. The word "Grantor" when used herein shall include all of those persons or entities. Any rights, obligations, and Interests herein granted to Grantor and/or Grantee shall also-be deemed granted-to each an'd every one of Its subsequent agents, successors, and assigns, and the word ""Grantor and/or,Grantee" when used herein shall Include all of those persons or entities. 6 ARTICLE TWO SALE GRANTOR, for One Million Two Hundred Eighty-Eight Thousand Three Hundred Eighty-Four and 50/100 DOLLARS ($1,288,384.50) good and valuable consideration, hereby grants, releases, and conveys to Grantee this Easement, in perpetuity, together with all rights to enforce it. Grantee hereby accepts this Easement in perpetuity, and uridertakes to enforce it against Grantor. ARTICLE THREE PROHIBITED ACTS From and after the date of this Easement, the following acts, uses and practices shall be proh,ibited forever upon or within the Property: 3.01 Structures No structures may be erected or constructed on the Protected Property except as permitted by the Southold Town Land Preservation Committee (""Land Preservation Committee") and other applicable provisions of the TownCode and Section 1.02 and Section 4.06 of this Easement. 3.02 Excavation and Removal of Materials; Mining Mineral exploitation, and extraction of any mineral (including, but not limited to soil, gravel, sand and hydrocarbons) by any method, surface or subsurface, is prohibited. Grantor shall not remove or fill topsoil, sand, or any other materials, nor shall the topography of the Protected Property be changed except in connection with the construction and maintenance of any structure or improvement expressly permitted to be placed or constructed on the Protected Property, under the terms herein. Grantor may remove topsoil, sand or other materials for purposes or. erosion control and soil management only with the prior written approval of Grantee. The Land Preservation Committee has the right to require a Natural Resources Conservation Service (NRCS) farm management plan for the Protected Property prior to the removal of 7 topsoil, sand or other materials, based on the extent and type of materials removed or on the alteration of the topography of the Property. Agricultural practices that are determined to be in a'ccordance with an NRSC farm management plan shall not be prohibited. 3.03 Subdivision The subdivision of the Protected Property is prohibited. This limitation on subdivision shall be binding upon Grantor, Grantor's successors, heirs and assigns. The legal or de facto division, subdivision, platting, partitioning or planned unit development of the Protected Property is prohibited. This restriction does not prohibit boundary line adjustments with adjoining agricultural land, provided that such boundary line adjustments do not result in any loss of acreage to the Protected Property, and that no new parcel is created by such boundary line adjustments. The provisions of this section 3.03 are subject to a further Declaration of Covenants and Restrictions,. recorded simultaneously with this Easement. 3.04 Dumping The dumping or accumulation of unsightly or offensive materials including, but not limited to trash, garbage, sawdust, ashes or chemical waste on the Protected Property shall be prohibited., This prohibition shall exclude materials used in the normal course.of sound agricultural practices on the Protected Property, including fertilization, ' composting and crop' removal. 3.05, SiOns The display of signs, billboards, or advertisements shall be prohibited, except signs whose placement,. number, and design do not significantly diminish the scen�ic character of the'Protected Property and only for any of the following purposes: (a) to state the name of the Protected' Property and the names and addresses of the occupants and the character of the business conducted the-reon, (b) to temporarily advertise the Protected Property or any portion thereof for sale or rent, (c) to post the Protected Property to control unauthorized entry or use, or (d) with the consent of the Grantor, to announce 8 Grantee's easement. Signs are subject to regulatory requirements of the Town. 3.06 Utilities The granting of easements for utilities and installation of new utilities (power I ines, gas lines, sewer lines, water lines, telecommunications towers, and wind farms) is prohibited as an, encumbrance on the protected property rights of the United States. Notwithstanding that prohibition, grantor may grant easements for the installation of utilities necessary for permitted uses of the protected property, including without limitation the wind turbine and associated utility lines described below, provided that such installation is consistent with the purposes of this conservation easement and is done in such a manner as to minimize to the greatest extent possible impact on soils. Existing utilities may be replaced or repaired at their current location. The creation or placement of overhead utility transmission lines, utility poles, wires, pipes, wells or drainage systems (""utilities") on the Protected Property to service structures approved pursuant to Section 4.06 shal] be prohibited without the prior written consent of the Grantee. Underground utilities must, to the extent possible, be constructed within 30 feet of the centerline of any roads or driveways, and may be used solely to service the permitted structures on the Protected Property. The, Protected Property may not be used for the creation or placement of utilities to service any other properties, except as provided below. Grantor shall also have the right to erect a wind turbine on the Protected Property, subject to all applicable Town and other governmental laws and regulations, including approval by the Land Preservation Committee. Energy generated from such wind turbine, if approved, may be used to service the Protected Property, the Reserve Area, and an adjacent property that is used for Grantor's agricultural operation. 3.07 Impervious Surfaces Impervious surfaces are defined to include permitted residential buildings, agricultural buildings (with or without flooring),' and paved areas on the Protected Property (but not including public or.country roads or other roads paved by easement holders who have rights that may be superior to the rights conveyed to Grantee by this Grant of 9 Development Rights Easement) may not exceed 7 (seven) percent of the total Protected Property acreage. 3.08 Prohibited Uses Except for uses specifically permitted by this Easement, the use of the Protected Property or structures on it for any residential, commercial or industrial uses, permanent or temporary, including but not limited to a riding academy, shall be prohibited. For the purposes of this section, agricultural production, as that term is presently referenced in §247'of the General Municipal Law and/or defined in Chapter 70 of the Town Code, now or as Chapter 70 may be amended, and including the production of crops, livestock and livestock products as defined in §301(2)(a)-(j) of the Agriculture and Markets Law, now or as said §301 (2)(a)-(j) may be amended, provided sald amended provisions are inherently similar in nature to those crops, livestock and livestock products included as of the date of this Easement, shall not be considered a commercial use. Uses, improvements and activities permitted by the Town Code now or in the future on agricultural lands protected by a development rights easement or other instrument, including but not limited to farmstands, shall not be considered a commercial use. No improvements, uses or activities inconsistent with current or future agricultural production shall be permitted on the Protected Property. Under no circumstances shall athletic fields, golf courses or ranges, commercial airstrips and helicopter pads, motorcross biking, or any other improvements or activity inconsistent with current or future agricultural production be permitted on the Protected Property. 3.09 Soil and Water Any use or activity that causes or is likely to cause soil degradation or erosion or pollution of any surface or subsurface waters shall be prohibited. This prohibition-shall not be construed as extending to agricultural operations and practices (including, without limitation, the use of agrochernicals such as fertilizers, pesticides, herbicides, and fungicides) that are in accordance with sound agricultural management practices of the NRCS. 10 3.10 Conservation Plan All agricultural operations on the Protected Property shall be conducted in a manner consistent with a resource management system (RMS) Conservation Plan (the ""Conservation Plan") prepared by the NRCS utilizing the standards and specifications of the NRCS Field Office Technical Guide, 7 CFR Part 12 and approved by the Suffolk County Soil and Water Conservation District. All lands enrolled in the Farm and Ranch Lands Protection Program will be subject.to the Conservation Plan. The resource management system for cropland, prescribed in the, Conservation Plan for all cropland enrolled. in FRPP, will assure that selected. conservation practice alternatives will prevent sheet and rill erosion from exceeding the current published soil loss tolerance level. Grantor shall give Grantee copies of the Conservation Plan upon request and advise Grantee of amendments thereto so as to enable Grantee to keep its records current. 3.11 Conservation Compliance Provisions of the Conservation Plan As required by Section 12381 of the Food Security Act of 1985, as amended, the Grantor, its heirs, successors, or assigns, shall conduct ail agricultural operations on the Protected Property in a manner consistent with a conservation plan (the ""Conservation Plan") prepared in consultation with NRCS and approved by the Suffolk County Soil and Water Conservation District. This Conservation Plan shall be developed using the standards and specifications of the NRCS Field Office Technical Guide (FOT'G) and 7 CFR Part 12 that are in, effect on the date of this Easement. However, the Grantor may develop and implement a conservation plan that proposes a higher level of conservation and is consistent with the NRCS Field Office Technical Guide standards and specifications. NRCS shall have the right to enter upon the Protected Property, with advance notice to the Grantor, in order to monitor compliance with the Conservation Plan. In the event of noncompliance with the Conservation Plan, NRCS shall work with the Grantor to explore methods of compliance and give the Grantor a reasonable amount of time, not to exceed twelve months, to take corrective action. If the Grantor does not comply with the Conservation Plan, NRCS will inform Grantee of the Grantor's noncompliance. The Grantee shall take all reasonable steps (including efforts at securing voluntary compliance and, if necessary, appropriate legal action) to secure compliance with the Conservation Plan following written notification from NRCS that (a) there is a substantial, ongoing event or circumstance of non-compliance with the Conservation Plan, �(b) NRCS has worked with the Grantor to correct such noncompliance, and (c) Grantor has exhausted its appeal rights under applicable NRCS regulations. Grantor shall be liable for any costs incurred by NRCS as a result of the Grantor's negligence or failure to comply with the conservation easement requirements-as it relates to conservation plan violations. If the NRCS standards and specifications for highly erodible land are revised after the date of this Easement based on an Act of Congress, NRCS will work cooperatively with the Grantor to develop and implement a revised conservation plan. The provisions of this section apply to the highly erodible land conservation requirements of the Farm and Ranch Lands Protection Program and are not intended to affect any other natural resources conservation requirements to which the Grantor may be or become subject. 3.12 Drainage The use of the Protected Property for a leaching or sewage disposal field shall be prohibited. The use of the Protected Property for a drainage basin or sump shall be prohibited, except in accordance with sound agricultural management practices and the Conservation Plan and in order to control flooding or soil erosion on the Protected Property. 3.13 Development Rights The use of the acreage of this Protected Property for purposes of calculating lot yield on any other Protected Property shall be prohibited. Grantor hereby grants to Grantee all existing development rights (and any further development rights that may be created through a rezoning of the Protected Property) on the Protected Property, except for the right to use the Protected Property for agricultural production as set forth in Article Four below and the right to construct, maintain and replace any pre-existing structures, and to construct new structures, as such rights may be provided in Section 4.06, and the parties agree that any other such development rights shall be terminated and extinguished and may not be used or transferred to any other parcels. 12 3.14 Roads; Access to Protected Property Existing roads, as identified in the Baseline Documentation Report may be maintained and repaired in their current state. New roads may be constructed only' if they are necessary for agricultural operations on the Protected Property. Paved roads are subject to the impervious limitation in section 3.07. Access to the Protected Property is subject to a Declaration of Covenants and Restrictions, recorded simultaneously with this Easement. 3.15 Fences Existing fences may be repaired and replaced and new fences built on the Protected Property as necessary for agricultural operations on the Protected Property, including customary management of livestock and to delineate the boundary of the Protected Property, subject to applicable provisions of the Town Code. 3.16 Motorized Vehicle Use Grantor may not use motor vehicles on the Protected Property or grant permission for such us e- except as necessary in the accomplishment of the agricultural, forestry, habitat management, law enforcement and public safety, or other permitted uses of the Protected Property, provided, that no use of motorized vehicles may create impacts that are detrimental to the productivity of the soils on the Protected Property and the purposes of this Conservation Easement; however, notwithstanding the foregoing, use of snowmobiles on snow is allowed on the Protected Property. 3.17 Industrial or Commercial Uses The establishment of any commercial or industrial facilities is prohibited (other than those necessary in the operation or uses of the , Protected Property expressly permitted by this Conservation Easement Deed) including but not limited to, commercial feed lot, any retail sales or service business, restaurant, night club, campground, trailer park, motel, hotel,, commercial recreation facility, gas station, retail outlet, or facility for the manufacture or distribution of any product, other than products to be grown or produced on the Protected Property in connection with the purposes expressly permitted in this Conservation Easement Deed. 13 ARTICLE FOUR GRANTOR'S RIGHTS 4.01 Ownership Subject to the provisions of ARTICLE THREE, Grantor shall retain all other rights of ownership in the Protected Property, some of which are more particularly described in this ARTICLE FOUR. 4.02 Possession Grantor shall continue to have the right to exclusive 'possession of the Protected Property. 4.03 Use Grantor shall have the right to use the Protected Property in any manner and for any purpose consistent with and not prohibited by this Easement, as well as applicable local, State, or federal law. Grantor shall have the right to use the Protected Property for uses, improvements and activities permitted by the Town Code, now or in the future, on agricultural lands protected by a development rights easement or other instrument, including, but not limited to farmstands and for educational or training programs related to agricultural production or activities. Grantor shall also have the right to use the Protected Property for traditional private recreational uses, provided such recreational uses are conducted for the personal enjoyment of Grantor, are compatible with farming, and are otherwise consistent with and do not derogate from or defeat the Purpose of this Easement or other applicable law. These uses shall not be offered or provided for sale or for other commercial purposes, including the commercial gr ain of Grantor or others. 4.04 Landscaping Activities Grantor shall have the right to continue the current and/or customary modes of landscaping, pruning and grounds maintenance on the Protected Property as evidenced by the documentation set forth in Section 0.05. Grantor shall have the right to remove or restore trees, shrubs, or other vegetation when dead, diseased, decayed or damaged or interfering with agricultural production, to clear wooded 14 areas for agricultural production� in accordance with the Town Code, to thin and prune trees to maintain or improve the appearance of the Protected,r Property, and to mow the Protected Property. 4.05 Agricultural Production and Activities Grantor shall have the right to engage in all types of agricultural production as the term is presently referenced in §247 of the General Municipal Law and/or defined in Chapter 70 of the Town Code, now, or as Chapter 70 may be amended, and including the production of crops, livestock and livestock products as defined in §301(2)(a)-(j) of the Agriculture and Markets Law, now, or as §301(2)(a)-(j) may be amended, provided said amended provisions are inherently similar in nature to those crops, livestock and livestock products included as of the date of this Easement. No future restrictions in said laws and/or Code or limitation in the definitions set forth in said laws and/or Code shall preclude a use that is permitted under the current law and/or Code. Grantor may offer '*"U-Pick" operations and/or the use of a. corn or other crop maze to the general public, provided such activities are conducted in conjunction with seasonal harvests, do not interfere with agricultural production and are otherwise consistent with and do not derogate from or defeat the Purpose of this Easement or other applicable laws. Notwithstanding the definition of agricultural production in Chapter 70 of the Town Code orany successor chapter, structures shall be prohibited, except as set forth in §4.06 herein and as permitted by the Town Code now or in the future on agricultural lands protected by a development rights easement or other conservation instrument, including but not limited to farmstands. 4.06 Structures A. Allowable Improvements. Grantor shall have the right to erect and maintain the following structures and improvements on the Protected Property, as may be permitted by the.Town Code, now or as may be amended, and subject to the approval of the Town of Southold Land Preservation Committee, provided the structures are consistent with and do not derogate from or defeat the Purpose of this Easement or other applicable laws: 15 Underground facilities used to supply utilities solely for the use and enjoyment of the Protected Property and agricultural operations on adjacent properties; (i i) Construction of new structures, including a wind tu.rbine, provided such structures are, necessary for or accessory to agricultural production; Lot coverage with impervious surfaces shall be limited to 7 (seven) percent of the area of the Protected Property; (iii) Renovation, maintenance and repairs of any existing structures or structures built or permitted pursuant to th,is Section 4.06, provided the primary purpose of the structure remains agricultural; (iv) Any improvement excluded from the definition of structure" in Section 1.02. B. Conditions. Any allowable improvements shall protect prime agricultural soils, agricultural production, open space and scenic vistas, and otherwise be consistent with the Purpose of this Easement. C. Environmental Sensitivity During Construction. The use and location of any improvement permitted hereunder shall be consistent with the purposes intended herein, and construction of any such improvement shall minimize disturbances to the environment. Grantor shall employ erosion and sediment control measures to mit'igate any storm water runoff, including but not limited to minimal removal of vegetation, minimal movement of earth and minimal clearance of access routes for construction vehicles. D, Replacement of Improvements. In the event of damage resulting from casualty loss to an extent which renders repair of any existing improvements or improvements built or permitted pursuant to this Section 4.06 impractical, erection of a structure of comparable size, use, and general design to the damaged structure shall be permitted in kind and within the same general location, subject to the review and written approval of Grantee, pursuant to applicable provisions of the Town Code. 16 4.07 Notice Grantor shall notify Grantee, in writing, before the construction of any permanent or temporary structures as permitted in Section 4.06 herein and shall file all necessary applications and obtain all necessary approvals that may be required by this Easement or by the Town Code, and shall provide documentation as may be required for such applications. 4.08 Alienability Grantor shall have the right to convey, mortgage or lease all of its remaining interest in the Protected Property but only subject to this Easement. Grantor shall promptly notify Grantee and the United States Secretary of Agriculture of any conveyance of any interest in the Protected Property, including the full name and mailing address of any transferee, and, in the case of a transfer to an entity, the individual principals thereof. The instrument of any such conveyance shall specifically set forth that the interest thereby conveyed is subject to this Easement, without modification or amendment of the terms of this Easement, and shall incorporate this Easement by reference, specifically setting for the date, office, liber and page of the recording hereof. The failure of any such instrument to comply with the provisions hereof shall not affect Grantee's rights hereunder. 4.09 Further Restriction Nothing in this Easement shall prohibit or preclude Grantor from further restricting the use, improvern' ents or structures on the Protected Property. Any such further restrictions shall be consistent with and in furtherance of the general intent and purpose of this Easement as set forth in Section 0.03. ARTICLE FIVE GRANTOR'S OBLIGATIONS 5.01 Taxes and Assessments Grantor shall continue to pay all taxes, levies, and assessments and other governmental or municipal charges, which may become a lien on the Protected Property, including any taxes or levies imposed to make those payments subject, however, to Grantor's right to grieve 17 or contest such assessment. The failure of Grantor to pay all such. taxes, levies and assessments and other governmental or municipal charges shall not cause an alienation of any rights or interests acquired herein by Grantee. 5.02 General Indemnification Grantee and the United States have no obligations whatsoever, express or implied, relating to the, use, maintenance or operation of the Protected Property. Grantee"s or the United States' exercise of, or failure to exercise, any right conferred by this Easement shall not be deemed to be management or control of the activities on the Protected Property. Grantee shall not be liable to Grantor for injuries or death to persons or damage to property or any other harm in connection with Grantee's administration and/or enforcement of this Easement, unless such harm is due to the negligence of Grantee or its agents, in which case liability shall be apportioned accordingly. Grantor shall indemnify and hold h armless Grantee and the United States, their employees, agents and assigns from any and all liabilities, claims, demands, losses, expenses, damages, fines, fees, penalties, suits, proceedings, actions and costs of actions, sanctions asserted by or on behalf of any person or governmental authority, and other liabilities (whether legal or equitable in nature and including, without limitation, court costs, and reasonable attorneys' fees� and attorneys' fees on appeal) to which Grantee or the United States may be subject or incur relating to the Protected Property, which- may arise from, but are not limited to, Grantor's negligent acts or omissions or Grantor's breach of any representation, warranty, covenant, or agreements contained in this instrument, or violations of any Federal, State or local laws, including all Environmental Laws., as defined.below. 5.02A Environmental Warranty ""Environmental Law" or ""Environmental Laws" means any and all Federal, State, local or municipal laws, rules, orders, regulations, - statutes, ordinances, codes, guidelines, policies or requirements of any governmental authority regulating or imposing standards of liability or standards of conduct (including common law) concerning air, water, solid waste, hazardous materials, worker and community right-to- know, hazard communication, noise, radioactive material, resource protection, subdivision, inland wetlands and watercourses, health protection and similar environmental health, safety, building and land use as may now or at any time hereafter be in effect. 18 ""Hazardous Materials" means any petroleum, petroleum products, fuel oil, waste oils, explosives, reactive materials, ignitable materials, corrosive materials, hazardous chemicals, hazardous wastes, hazardous substances, extremely hazardous substances, toxic substances, toxic chemicals, radioactive materials, infectious materials land any other element, compound, mixture, solution or substance which may pose a present or potential hazard to human health or the environment. Grantor warrants that it is in compliance with, and shall remain in compliance with, all applicable Environmental Laws. Grantor warrants that therea are' no notices by any governmental authority of any violation or alleged violation of, non-compliance or alleged non- compliance with or any liability under any Environmental Law relating to the operations or conditions of the Protected Property. Grantor further warrants that it has no actual knowledge of a release or threatened release of Hazardous Materials on, at, beneath or from the Protected Property, as such substances and wastes are defined by applicable Federal and State law. Moreover, Grantor hereby promises to hold harmless and indemnify the Grantee and the United States against all litigation, claims, demands, penalties and d,amages, including reasonable attorneys' fees' arisingfrom or connected with the release or threatened release of any Hazardous Materials on, at, beneath or from the Protected Property, or arising from or connected with a violation of any Environmental Laws by Grantor or any other prior owner of the Protected Property. Grantor's indemnification obligation shall not be affected by any authorizations provided by Grantee or the United States to Grantor with respect to the Protected Property or any restoration activities carried out by Grantee at the Protected Property; provided, however, that Grantee shall be responsible for any Hazardous Materials contributed after this date to the Protected Property by Grantee. 5.03 Grounds Maintenance Requirement If Grantor leaves the Protected Property open and does not engage in agricultural production for two (2) -consecutive years, then Grantor shall implement a Natural Resources Conservation Plan (the "Plan") approved by Grantee, including the Land Preservation Com"mittee, to maintain or restore the Protected Property to the condition in which it existed on the date of this Easement, as 19 evidenced by the documentation referred to in Section 0.05, in order to protect the env,ironmental, natural, scenic, conservation and agricultural values of the Protected Property. This shall not include restoration of trees or! formerly wooded areas, which were cleared for ag.ricultural production. In the event Grantor fails to comply with the provisions of this section after reasonable written notice is given to Grantor by Grantee, then, in addition to all other remedies set forth herein, Grantee or its agents are hereby authorized to enter upon the Property to implement the Plan, and to recover the costs of such implementation from Grantor, as provided in Section 5.02 and Section 6-.03. ARTICLE SIX GRANTEE"S RIGHTS. 6.01 'Entry and Inspection Grantee shall have the right to enter upon the Protected Property at reasonable times, upon prior notice to Grantor, and in a manner that will not interfere with Grantor's quiet use and enjoyment of the Protected Property, for the purpose of inspection to determine whether this Easement and its purposes and provisions are being upheld, and not more frequently than annually without Grantor's consent. Representatives of the United States Department of Agriculture shall also have the right to enter the Protected Property for monitoring conservation plan implementation, upon prior notice to Grantor and not more frequently than annually without Grantor's consent. Grantee shall not have the right to enter upon the Protected Property for any other purposes, except as provided in Section 5.03 and 6.03, or to permit access upon the Protected Property by the public. 6.02 Restoration In addition to Grantee's remedies under Section 5.03, Grantee shall have the right to require the Grantor to restore the Protected Property to the condition required by this Easement and to enforce this right by any action or proceeding that Grantee may reasonably deem necessary. However,'Grantor shall not be liable for any changes to the Protected Property resulting from causes beyond the Grantor's control, including, without limitation, fire, flood, storm, earth movement, wind, weather, disease, animal or pest action, or from any prudent action taken by the Grantor under emergency conditions to prevent, abate, 20 or mitigate significant injury to persons or to the Protected Property or crops, livestock or livestock products resulting from such causes. 6.03 Enforcement Rights of Grantee . Grantor acknowledges and agrees that Grantee's remedies at law for any violation of this Easement may be inadequate. Therefore, in addition to, and not as a limitation of, any other rights of Grantee hereunder at law or in equity, in the event any breach, default or violation of any term, provision, covenant or obligation on Grantor's part to be observed or performed pursuant to this Easement is not cured by Grantor within thirty (30) days' written notice thereof by Grantee (which notice requirement is expressly waived by Grantor with respect to any such breach, default or violation which, in Grantee's reasonable judgment, requires immediate action to preserve and protect any of the agricultural values or otherwise.to further the purposes of this Easement), Grantee shall have the right at Grantor's sole cost and expense and at Grantee's election: (i) To institute a suit to enjoin or cure such breach, default or violation by temporary and/or permanent injunction, (ii) To enter upon the Protected Property and exercise reasonable efforts to terminate or cure such breach, default or violation and/or to cause the restoration of that portion of the Protected Property affected by such breach, default or violation to the condition that existed prior thereto, or (iii) To enforce any term, provision, covenant or obligation in this Easement or to seek or enforce such other legal and/or equitable relief or remedies as Grantee deems necessary or desirable to ensure compliance with the terms, conditions, covenants, obligations and purposes of this Easement; provided, however, t'hat any failure, delay or election to so act by Grantee shall not be deemed to be a waiver or a forfeiture of any right or available remedy on Grantee's part with respect to such breach, default, or violation or with respect to any other breach, default or violation of any term, condition, covenant or obligation under this Easement. 21 The cure period in the Section 6.03 may be extended for a reasonable time by Grantee if such restoration cannot reasonably be accomplished within thirty (30) days. Grantor shall pay either directly or by reimbursement to Grantee and/or to the United States of America, all reasonab,le attorneys' fees, court costs and other expenses incurred by Grantee or the United States of America (herein called ""Legal Expenses") in connection with any proceedings under this Section, as approved by the Court. Under this Grant of Development Rights Easement, the United States is granted the right of enforcement in order to protect the public interest. The Secretary of the United States Department of Agriculture (the Secretary) or his or her assigns, on behalf of the United States, may exercise,this right of enforcement under any authority available under State or Federal Law if the Town of Southold, or its successors or assigns, fails to enforce any of the terms of this instrument, as determined in the sole discretion of the Secretary. 6.04 Notice All notices required by this Easement must be written. Notices shall be delivered by hand or by registered or certified mail, return receipt requested, with sufficient prepaid postage affixed and with return receipts requested. Mailed notice to Grantor shall be addressed to Grantor's address as recited herein, or to such other address as Grantor may designate by notice in accordance with this Section 6.04. Mailed notice to Grantee shall be addressed to its principal office, recited herein, marked to the attention of the Supervisor and the Town Attorney, or to such other address as Grantee may designate by notice in accordance with this Section 6.04. Where notice is required to the United States of America or to the NRCS, such notice shall be delivered to U.S. Department of Agriculture, NRCS, c/o Commodity Credit Corporation, State Conservationist, The Galleries of Syracuse, 441 South Salina, Street, Suite 354, Syracuse, New York 13202-2450. Notice to the ,NRCS shall be deemed notice to the United States of America. Notice shall be deemed given and received as of the date of its manual delivery or three business days after the date of its mailing. 22 6.05 No Waiver Grantee's exercise of one remedy or relief under this ARTICLE SIX shall not have the effect of waiving or limiting any other remedy or relief, and the failure to exercise or the delay in exercising any remedy shall not constitute a waiver of any other remedy or relief or the use of such other remedy or relief at any other time. 6.06 Extinguishment of Easement/Condern nation The interest of the United States in this Easement is a vested property right that cannot be condemned by State or local governments and may not be extinguished, terminated or condemned without the express written consent of the United States. No proceeding to extinguish, terminate or condemn this Easement in whole or in part shall be commenced without advance notice to NRCS and the express written consent of the United States. At the mutual request of Grantor and Grantee and the United States of America, a court with jurisdiction may, if it determines that conditions surrounding the Protected Property have changed so much that it becomes impossible to fulfill the Purpose of this Easement described in Section 0.03, extinguish or modify this Easement in accordance with applicable law. The mere cessation of farming on the Protected Property shall not be construed to be grounds for extinguishment of this Easement. If at any time the Protected Property or any portion thereof shall be taken or condemned by eminent domain, then this Easement shall terminate with respect to the Protected Property, or portions thereof so taken or condemned, and the Protected Property shall riot be subject to the limitations and restrictions of this Easement. In such event, NRCS will collect Commodity Credit Corporation's share of the conservation easement based on the appraised fair market value of the conservation easement at the time the easement is extinguished, terminated or condemned. The Commodity Credit Corporation's share will be in proportion to its percentage of original investment. In the event of a condemnation action, approved and consented to by the United States, the Grantor, its successors or assigns, shall not be required to pay any penalties. 23 ARTICLE SEVEN MISCELLANEOUS 7.01 Entire Understanding This Easement contains the entire understanding between the parties concerning its subject matter. Any prior agreement between the parties concerning its subject matter shall be merged into this Easement and superseded by it. 7.02 Amendment This Easement is made with the intention that it shall qualify as a conservation easement in perpetuity under Code Section 170(h). The parties agree that amendments to the provisions of this Easement may be permitted by Grantee if such amendment shall be necessary to entitle Grantor to meet the requirements of Code Section 170(h) and/or to enable Grantee to amplify the public benefits attributable to this Easement. This Easement can be amended and modified only in accordance with the common and statutory laws of the State of New York applicable to the modification of easements and covenants running with the land. Grantee and Grantor shall mutually have the right to agree to amendments to this Easement, with the written approval of the Secretary of the United States Department of Agriculture, provided however, that Grantee shall have no right or power to agree to any amendment hereto that would result in this Easement failing to qualify as a valid conservation easement under Article 49, Title 3 of the Environmental Conservation Law of the State of New York, as the same may be hereafter amended, or any regulation issued pursuant thereto. 7.03 Alienation No property rights acquired by Grantee hereunder shall be alienated except pursuant to the provisions of Chapter 70 of the Town Code or any successor chapter and other applicable laws, upon the adoption of a local law authorizing the alienation of said rights and interest, following a public hearing and, thereafter, ratified by a mandatory referendum by the electors of the Town of Southold. No subsequent amendment of the provisions of the Town Code shall alter 24 the limitations placed upon the alienation of those property rights or interests which were acquired by the Town prior to any such amendment. The United States ,of America shall also consent to any such alienation. In addition to the limitations set forth above, Grantee shall have the right, subject to the provisions of Section 6.03 (Enforcement Rights of Grantee) herein, to transfer all or part of this Easement to any public agency, or private non-governmental organization, that at the time of transfer is a "qualified organization" under §170(h) of the Internal Revenue Code, provided that transferee expressly agrees to assume the responsibility imposed on the Grantee by this Easement. Any easement transfer must be approved by the Grantor or any subsequent owner, and the United States Department of Agriculture, NRCS. If the Grantee ever ceases to exist, a court of competent jurisdiction may transfer this Easement to another qualified public agency that agrees to assume the responsibilities imposed by this Easement. The United States Department of Agriculture, NRCS, will be notified in writing in advance of such transfer. The NRCS State Office must approve the choice of any new non-govern menta I organization in advance of any transfer of this Easement. 7.04 Severability Any provision of this Easement restricting Grantor's activities, which is determined to be invalid or unenforceable by a court, shall not be invalidated. Instead, that provision shall be reduced or limited to whatever extent that court determines will make it enforceable and effective. Any other provision of this Easement that is determined to be invalid or unenforceable by a court shall be severed from the other provisions, which shall remain enforceable and effective. 7.05 Governing Law New York law applicable to deeds to and easements on land located within the State of New York shall govern this Easement in all respects, including validity, construction, interpretation, breach, violation and performance. 7.06 Interpretation Regardless of any contrary rule of construction, no provision of this Easement shall be construed in favor of one of the parties because 25 it was drafted by the other party's attorney. No alleged ambiguity in this Easement shall be construed against the party whose attorney drafted it. If any provision of this Easement is ambiguous or shall be subject to two or more interpretations, one of which would render-that provision invalid, then that provision shall be given such interpretation as would render it valid and consistent with the purposes of this Easement. Any rule of strict construction designed to limit the breadth of the restrictions on use of the Protected Property shall not apply in the construction or interpretation of this Easement, and this Easement shall be interpreted broadly to effect the purposes of this Easement as intended by the parties. The parties intend that this Easement, which is by nature and character primarily negative in that Grantor has restricted and limited its right to use the Protected Property, except as otherwise recited herein, be construed at all times and by all parties to effectuate its purposes. 7.07 Public Access Nothing contained in this Easement grants, nor shall it be interpreted to grant, to the public, any right to enter upon the Protected Property, or to use images of the Protected Property. Grantee may use images of the Protected Property only for non- commercial reporting of this Easement. 7.08 Warranties The warranties and representations made by the parties in this Easement shall survive its execution. 7.09 Recording Grantee shall record this Easement in the land records of the office of the Clerk of the County of Suffolk, State of New York. 7.10 Headings The headings, titles and subtitles herein have been inserted solely for convenient reference, and shall be ignored in its construction. 7.11 Proceeds The grant of this Easement gives rise to a property right, immediately vested in Grantee and the United States, which, for 26 purposes of calculating proceeds from a sale or other disposition of the Protected Property as contemplated under Section 6.06 (Extinguishment of Easement), shall have a value equal to a percentage of the value of the Protected Property unencumbered by this Easement (the "Proportionate Share"). If this Conservation Easement is extin grU ished, terminated, or condemned, in whole or in part, then the Grantor must reimburse the Grantee an amount equal to the greater of 1) the Proportionate Share of the fair market value of the Protected Property unencumbered by this Conservation Easement at the time of conveyance or 2) the value of the conservation easement based on the appraised fair market value of the conservation easement at the time the easement is extinguished or terminated. However, NRCS will collect the Commodity Credit Corporation's share of the conservation easement based on the appraised fair market value of the conservation easement at the time the easement is extinguished or terminated. The Commodity Credit Corporation's share will be in proportion to its percentage of original investment. 7.12 Merger In the event that the Grantee(s) or the United States takes legal title to Grantor's interest in the Protected Property, the Grantee must commit the monitoring and enforcement of the Conservation Easement to another qualified organization within the meaning of Section 107(h)(3) of the United States Internal Revenue Code (1986), as amended, which organization has among its purposes the conservation and preservation of land and water areas. 7.13 Subsequent Liens on Protected Property No provision of this Conservation Easement should be construed as prohibiting the ability of Grantor to use the Protected Property as collateral for a subsequent borrowing. Any subsequent liens on the Protected Property must be subordinate to this Conservation Easement. 27 that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. JaMBERLEY A.GLENN Not" -P -b Notary Public a ry u No.01 GL5089252 cmft of onondaga,state of N-Y. Commission Expires: -,�TATE OF NEW YORK IDemmber 8. NTY OF SUFFOLK SS: On the day of in the year 2014 before me, the undersigned, rsonally appeared Sean Moffat, personally known to me or proved to me the basis of satisfactory evidence to be the individual whose name is s;ubsc ' ed to the within instrument and acknowledged to me that he executed the me in his capacity, and that by his signature on the instrument, the indlivi al, or the person upon behalf of which the individual acted, executed the i rument. 46�Signature/office of indiv al taking acknowledgement STATE OF NEW YORK) COUNTY OF SUFFOLK) SS: On this 3 6 day of ('�L- in the year 2014 before me, the undersigned, personally appeared Scott A. Russell, personally known to me or proved to me on the basis of satisfactory evidence to be the individual whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and that by his signature on the instrument, the individual, or the person upon behalf of which the individual acted, executed the instrument. Notary Public EMOTORIACHARCZUK N*Wy Pubft State of Now York . . No.4NN88 Q�dlfl�In Suffolk CQUITIV C mmission Expires January 20. 29 IN WITNESS WHEREOF, Grantor has executed and delivered and Grantee has accepted and received this Grant of Development Rights Easement on the day and year set forth above. ACKNOWLEDGED AND ACCEPTED: Moffat Farm North, LLC, Grantor 4gz9,;F ,C /Ij/21 L2,,J y Seec�'Lkj'ktf n't. Cr BY: Sean C Moffat, Managing Member ACKNOWLEDGED AND ACCEPTED: TOWN OF SOUTu&D, Grantee 7 BY: Ir 4&LA SCOtt A. RUSSELL, SUPERVISOR Acceptance of Property Interest by the Natural Resources Conservation Service The Natural Resources Conservation Service, United States Department of Agriculture, an agency of the United States Government, hereby accepts and approves the foregoing Grant of Development Rights Easement, and the rights conveyed therein, on behalf of the United States of America. Authodzed0to'ignatory for the NRCS Gregory A. Kist, Acting State Conservationist STATE OF NEW YORK COUNTY OF .i1VaN.,m1.,W SS: On this Y*/ day of �WW�eA in the year 2014 before me, the undersigned, personally appeared Gregory A. Kist, personally known to me or proved to me on the basis of satisfactory evidence to be the individual,whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his capacity, and 28 CALIFORNIA ALL-PURPOSE CERTIFICATE OF ACKNOWLEDGMENT State of California County of &—dan o Oil-0Ck1,-v(D-1064before me, MUO CAT-A (Flere insert name and title or the officerp-1 personally appeared C, r)11!D�M who proved to me oil the basis of satisfactory evidence to be the person(o whose nameJA) is/apt subscribed to the within instrument and acknowledged to rne that he/sy/the/executed the same in his/h/�th/ir authorized capacity(ieA and that by his/h/ftlyir signature(�,on the instrument the person�g, or the entity upon behalf of which the personV acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. ARUN LATA KUMAR WITNESS my hand and official seal. COMM,#2033037 NOTARY PUBLIC-CALIFORNIA 0 SOLANO COUNTY A M COMM,iX'�i­re_S_JuLY 12,2017 Signature ofNotary Public (Notary i Or ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM Any acknowledgment completed in California musl contain vel-biage exactly as DESCRIPTION OF THE ATTACHED DOCUMENT appeats above in the notai),section oi-a sepai-ate acknoirledgmentfoi-ni must be pi-opei-ly completed and attached to that document. The only excelition is if a 3yunte-)i docinneid is to be i-ecoi-ded outside of Califoi-nia. hi such instances,any alte)-native (Title ordcscription ofatteched document) acknoirlecIgnient vei-biage as may be pfinted air such a clocument so long as the rei-biage does not i-equh-e the notai),to(to something that is illegalfoi-a nolai),in n W-14 California (i.e. certifying the authoi-Led capacily of the signei). PILase check the (Title or description ofittached document continued) docunteirl cai-efullyfoi-pi-opei-notafial wording anel attach ihisfo;-in ift-equired. NurnberofPages Document Date tow-vixt - State and County information must be the State and County where the document signer(s)personally appeared before the notary public for acknowledgment. - Date of notarization must be the date that the signer(s)personally appeared which must also be tile same date the acknowledgment is completed. (Additional information) - The notary public must print his or her name as it appears within his or her commission followed by a comma and then your title(notary public). - Print the name(s) of document signer(s) who personally appear at the time of notarization. CAPACITY CLAIMED BY THE SIGNER - Indicate the correct singular or plural forms by crossing off incorrect forms(i.c, -a-­ffidividual(s)— he/shc/gw-�—is/afe)orcircling the correct forms.Failure to correctly indicate this information may lead to rejection ofdocument recording, 0 Corporate Officer & The notary seal impression must be clear and photographically reproducible. Impression must not cover text or lines. If seal impression smudges,re-seal if a '0 cer (Title) Sufficient area permits,otherwise complete a different acknowledgment form. 0 Partner(s) Signature of the notary public must match the signature on file with the office of El Attomey-in-Fact the county clerk. Additional information is not required but could help to ensure this El Trustee(s) acknowledgment is not misused or attached to a different document. El Other Indicate title or type ofattached document,number ofpages and date. Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer,indicate the title(i.e.CEO,CFO,Secretary). Securely attach this document to the signed document 2008 Version CAPAv12.10.07 800-873-9865 www.NotaryClasses.com Peconic Abstract, Inc. Title No.:641-8-04097 amended W22J14 Schedule A Description —AMENDED 7128114 Development Rights Easement Area ALL that certain plot, piece or parcel of land, situate, lying and being In the Town of Southold, County of Suffolk and State of New York, being bounded and described as follows: BEGINNING at a point on the westerly side of North Road (C.R.27)distant 948.60 foot southerly from the corner formed by the intersection of the southerly side of Old North Road With the westerly side of North Road (C.R. 27); and RUNNING THENCE along the westerly side of North Road (C.R�. 27)the following (3)courses and distances: 1) South 19 degrees 36 minutes 50 seconds West, 98.63 feet; 2) Along the are of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 228.92 feet; and 3) Along an.arc of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 45.00 feet to the true point or place of beginning; RUNNING THENCE along the westerly side of North Road (C.R. 27)along an are of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 299.84 feet to a concrete monument and Town of Southold Development Rights; RUNNIING THENCE along said land and continuing along lands now or formerly of'Vanduzer Appliance Company, Inc.the following(3)courses and distances: 1) North 87 degrees 49 minutes 50 seconds West'414.72 feet; 2) North 7 degrees 08 minutes 00 seconds West, 30.35 feet; 3) South 79 degrees 15 minutes 00 seconds West, 892.99 feet to a monument and other lands of the Town of Southold Development Rights; Continued..... Title No.: 641-S-04097 Schedule A Description continued..... Development Rights Easement Area THENCE along said land, North I I degrees 34 minutes 10 seconds West, 935.30 feet to a monument and land now or formerly of Suffolk County (Development Rights); THENCE along said land, North 88 degrees 35 minutes 30 seconds East, 752.23 feet to a monument and land now or formerly of Bertsch! and Gilmore; THENCE along said land the following (2) courses and distances: 1) South 5 degrees 53 minutes 10 seconds West, 315.00 feet; 2) North 79 degrees 12 minutes 50 seconds East, 375.18 feet to land now or formerly of Saragas; THENCE along said lands, North 78 degrees 53 minutes 10 seconds East, 73.75 feet to the Reserved Area; THENCE along said Reserved Area the following (2)courses and distances: 1) South 2 degrees 10 minutes 10 seconds West, 3`18.28 feet; 2) South 87 degrees 49 minutes 50 seconds East 502.94 feet to the westerly side of North Road(C.R. 27)and the true point or place of BEGINNING. ........................................... DEMOPA(MVT MGFTS EASSEWMT AREA SURVEY OF PROPERTY N AREA-2a ACRES IN SOUTHOLD RESER�W AREA TOWN OF SOUTHOLD AREA- �AQWS LLP.,�EASZWFNr AREA SUFFOLK COUNTY, N.Y. AREA a7OW ACRES 1000-W-02-.fol TOTAL AREA 25.5222 ACRES SCALE� XW IZ 2014 (RL_S� daY 15,2014 _R.�ED AM_WSEC) S PT. A 2014(REIKSIONS) OLD NORTrl ROAD Allp Or FWAL,,nA T CD�, allSt'RED _ VA VC14 N,wj�,f-ORK ESIA7rS 75) maff!w3n m2y C.wAEL SARAGAI MI Z7 10PEN 7B&G6 .4/0,ff cooi� A:V.RaNIA I W7 .,#,,OF!919�­ OLD ""CHTS) -—-—-—-—- — LOT 2 ffSr42`5ww 4..'rX CER 77nED TO., iDw a,swH= nRsr Aumcmv naE compANY ov,�Ew YORK(641-s.-o4o9v L U5VA-.VRCS MWA T rARAI MOR In LL C. IZWF ppjjANa ACCM5 10 THFCA NT AREA AMD TD INC RESER�W AREA FROM THE J4t84'FRO"TAGE DZ air MOR17i ROAD(�-27) MATIS SWrf OF THYLOTMWOR FORWRLYDE�GNAMD AS SCTU,TCX_0_2-71.1 IS PROF&WED. LIC.NO.49618 (6ji;76� _W20 r,4X(631)765-1797 ToTAL PARCEL AREA 25.52M ACRES 123OBTORX 909 ,oj Va APPEARS HEMM THOt 11 4. A M E I? Owner's Policy of Title Insurance Firs tAmerican,Tide7 ISSUED BY I First American Title Insurance Company POLICY NUMBER Owner's Policy — 601 1436-0066569e Any notice of claim and any other notice or statement in writing required to be given to the Company under this policy must be given to the Company at the address shown in Section 18 of the Conditions. COVERED RISKS SUBJECT TO THE EXCLUSIONS FROM COVERAGE,THE EXCEPTIONS FROM COVERAGE CONTAINED IN SCHEDULE B,AND THE CONDITIONS,FIRST AMERICAN TITLE INSURANCE COMPANY,a Nebraska corporation(the"Company")insures,as of Date of Policy and,to the extent stated in Covered Risks 9 and 10,after Date of Policy,against loss.or damage,not exceeding the Amount of Insurance,sustained or incurred by the Insured by reason of: 1. Title being vested other than as stated in Schedule A. 2. Any defect in or lien or encumbrance on the Title. This Covered Risk includes but is not limited to insurance against loss from (a) A defect in the Title caused by (I) forgery,fraud,undue influence,duress,incompetency,incapacity,or impersonation; (ii) failure of any person or Entity to have authorized a transfer or conveyance; (iii) a document affecting Title not properly created,executed,witnessed,sealed,acknowledged,notarized,or delivered; (iv) failure to perform those acts necessary to create a document by electronic means authorized by law; (v) a document executed under a falsified,expired,or otherwise invalid power of attorney; (vi) a document not properly filed,recorded,or indexed in the Public Records including failure to perform those acts by electronic means authorized by law;or (vii) a defective judicial or administrative proceeding. (b) The lien of real estate taxes or assessments imposed on the Title by a governmental authority due or payable,but unpaid. (c) Any encroachment,encumbrance,violation,variation,or adverse circumstance affecting the Title that would be disclosed by an accurate and complete land survey of the Land. The term"encroachment"includes encroachments of existing improvements located on the Land onto adjoining land,and encroachments onto the Land of existing improvements located on adjoining land. 3. Unmarketable Title. 4. No right of access to and from the Land. (Covered Risks Continued on Page 2) In Witness Whereof,First American Title Insurance Company has caused its corporate name to be hereunto affixed by its authorized officers as of Date of Policy shown in Schedule A. First American Title Insurance Company For Reference: Filet 641-S-04097 Issued By: Dennis J.Gilmore President Peconic Abstract, Inc. 405 Ostrander Avenue, P.O. Box 1267 &t�v� Riverhead, NY 11901 Jeffrey S.Robinson Secretary (This Policy is valid only when Schedules A and B are attached) This Jacket was created electronically and constitutes an original document Copyright 2006-2009 American Land Title Association.All rights reserved.The use of this form is restricted to ALTA licensees and ALTA members in good standing as of the date of use. All other uses are prohibited.Reprinted under license from the American Land Title Association. Form 5011436(7-1-14) Page 1 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) New York ?Olicy# 501 1436-0066559e COVERED RISKS(Continued) 5. The violation or enforcement of any law,ordinance,permit,or governmental regulation(including those relating to building and zoning) restricting,regulating,prohibiting,or relating to (a) the occupancy,use,or enjoyment of the Land; (b) the character,dimensions,or location of any improvement erected on the Land; (c) the subdivision of land;or (d) environmental protection if a notice,describing any part of the Land,is recorded in the Public Records setting forth the violation or intention to enforce,but only to the extent of the violation or enforcement referred to in that notice. 6. An enforcement action based on the exercise of a governmental police power not covered by Covered Risk 5 if a notice of the enforcement action,describing any part of the Land,is recorded in the Public Records,but only to the extent of the enforcement referred to in that notice. 7. The exercise of the rights of eminent domain if a notice of the exercise,describing any part of the Land,is recorded in the Public Records. 8. Any taking by a governmental body that has occurred and is binding on the rights of a purchaser for value without Knowledge. 9. Title being vested other than as stated in Schedule A or being defective (a) as a result of the avoidance in whole or in part,or from a court order providing an alternative remedy,of a transfer of all or any part of the title to or any interest in the Land occurring prior to the transaction vesting Title as shown in Schedule A because that prior transfer constituted a fraudulent or preferential transfer under federal bankruptcy,state insolvency,or similar creditors'rights laws;,or (b) because the instrument of transfer vesting Title as shown in Schedule A constitutes a preferential transfer under federal bankruptcy, state insolvency,or similar creditors'rights laws by reason of the failure of its recording in the Public Records (I) to be timely,or (ii) to impart notice of its existence to a purchaser for value or to a judgment or lien creditor. 10. Any defect I in or lien or encumbrance on the Title or other matter included in Covered Risks I through 9 that has been created or attached or has been filed or recorded in the Public Records subsequent to Date of Policy and prior to the recording of the deed or other instrument of transfer in the Public Records that vests Title as shown in Schedule A. The Company will also pay the costs,aftorneys'fees,and expenses incurred in defense of any matter insured against by this Policy,but only to the extent provided in the Conditions. EXCLUSIONS FROM COVERAGE The following matters are expressly excluded from the coverage of this Records at Date of Policy,but Known to the Insured policy,and the Company will not pay loss or damage,costs,attorneys' Claimant and not disclosed in writing to the Company by the fees,or expenses that arise by reason of: Insured Claimant prior to the date the Insured Claimant 1. (a) Any law,ordinance,permit,,or governmental regulation became an Insured under this policy. (including those relating to building and zoning)restricting, (c) resulting in no loss or damage to the Insured Claimant; regulating,prohibiting,or relating to (d) attaching or created subsequent to Date of Policy(however, (i) the occupancy,use,or enjoyment of the Land; this does not modify or limit the coverage provided under (ii) the character,dimensions,or location of any improvement Covered Risk 9 and 10);or erected on the Land; (e) resulting in loss or damage that would not have been (Iii) the subdivision of land;or sustained if the Insured Claimant had paid value for the (iv) environmental protection; - Title. or the effect of any violation of these laws,ordinances,or 4. Any claim,by reason of the operation of federal bankruptcy,state governmental regulations. This Exclusion 1(a)does not modify insolvency,or similar creditors'rights laws,that the transaction or limit the coverage provided under Covered Risk 5. vesting the Title as shown in Schedule A,is (b) Any governmental police power. This Exclusion 1(b)does not (a) a fraudulent conveyance or fraudulent transfer;or modify or limit the coverage provided under Covered Risk 6. (b) a preferential transfer for any reason not stated in Covered 2. Rights of eminent domain. This Exclusion does not modify or limit Risk 9 of this policy. the coverage provided under Covered Risk 7 or 8. 5. Any lien on the Title for real estate taxes or assessments 3. Defects,liens,encumbrances,adverse claims,or other matters imposed by governmental authority and created or attaching (a) created,suffered,assumed,or agreed to by the Insured between Date of Policy and the date of recording of the deed or Claimant; other instrument of transfer in the Public Records that vests Title (b) not Known to the Company,not recorded in the Public as shown in Schedule A. Form 5011436(7-1-14) Page 2 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) New York ,?ol,icy#:601 1436-0066669e CONDITIONS 1. DEFINITION OF TERMS in the records of the clerk of the United States District Court for The following terms when used in this policy mean: the district where the Land is located. (a) "Amount of Insurance": The amount stated in Schedule A,as "Title": The estate or interest described in Schedule A. may be increased or decreased by endorsement to this policy, (k) "Unmarketable Title":Title affected by an alleged or apparent increased by Section 8(b),or decreased by Sections 10 and 11 of matter that would permit a prospective purchaser or lessee of these Conditions. the Title or lender on the Title to be released from the (b) "Date of Policy": The date designated as"Date of Policy"in obligation to purchase,lease,or lend if there is a contractual Schedule A. condition requiring the delivery of marketable title. (c) "Entity": A corporation,partnership,trust,limited liability 2. CONTINUATION OF INSURANCE company,or other similar legal entity. The coverage of this policy shall continue in force as of Date of (d) "Insured": The Insured named in Schedule A. Policy in favor of an Insured,but only so long as the Insured (i) The term"Insured"also includes retains an estate or interest in the Land,or holds an obligation (A) successors to the Title of the Insured by operation of secured by a purchase money Mortgage given by a purchaser law as distinguished from purchase,including heirs, from the Insured,or only so long as the Insured shall have liability devisees,survivors,personal representatives,or next by reason of warranties in any transfer or conveyance of the Title. of kin; This policy shall not continue in force in favor of any purchaser (B) successors to an Insured by dissolution,merger, from the Insured of either(i)an estate or interest in the Land,or(ii) consolidation,distribution,or reorganization; an obligation secured by a purchase money Mortgage given to the (C) successors to an Insured by its conversion to another Insured. kind of Entity; 3. NOTICE OF CLAIM TO BE GIVEN BY INSURED CLAIMANT (D) a grantee of an Insured under a deed delivered without The Insured shall notify the�Company promptly in writing(i)in case payment of actual valuable consideration conveying the of any litigation as set forth in Section 5(a)of those Conditions,(ii) Title in case Knowledge shall come to an Insured hereunder of any (1) if the stock,shares,memberships,or other equity claim of title or interest that is adverse to the Title,as insured,and inte'rests of the grantee are wholly-owned by the that might cause loss or damage for which the Company may be named Insured, liable by virtue of this policy,or(iii)if the Title,as insured,is (2) if the grantee wholly owns the named Insured, rejected as Unmarketable Title. If the Company is prejudiced by (3) if the grantee is wholly-owned by an affiliated the failure of the Insured Claimant to provide prompt notice,the Entity of the named Insured,provided the affiliated Company's liability to the Insured Claimant under the policy shall Entity and the named Insured are both wholly- be reduced to the extent of the prejudice. owned by the same person or Entity,or 4. PROOF OF LOSS ' (4) if the grantee is a trustee or beneficiary of a trust In the event the Company is unable to determine the amount of created by a written instrument established by the loss or damage,the Company may,at its option,require as a Insured named in Schedule A for estate planning condition of payment that the Insured Claimant furnish a signed purposes. proof of loss. The proof of loss must describe the defect,lien, (ii) With regard to(A),(13),(C),and(D)reserving,however,all encumbrance,or other matter insured against by this policy that rights and defenses as to any successor that the Company constitutes the basis of loss or damage and shall state,to the would have had against any predecessor Insured. extent possible,the basis of calculating the amount of the loss or (e) "Insured Claimant": An Insured claiming loss or damage. damage. "Knowledge"or"Known": Actual knowledge,not constructive 5. DEFENSE AND PROSECUTION OF ACTIONS knowledge or notice that may be imputed to an Insured by reason (a) Upon written request by the Insured,and subject to the of the Public Records or any other records that impart options contained in Section 7 of these Conditions,the constructive notice of matters affecting the Title. Company,at its own cost and without unreasonable delay, (g) "Land": The land described in Schedule A,and affixed shall provide for the defense of an Insured in litigation in improvements that by law constitute real property. The term which any third party asserts a claim covered by this policy "Land"does not include any property beyond the lines of the area adverse to the Insured. This obligation is limited to only those described in Schedule A,nor any right,title,interest,estate,or stated causes of action alleging matters insured against by easement in abutting streets,roads,avenues,alleys,lanes, this policy. The Company shall have the right to select ways,or waterways,but this does not modify or limit the extent counsel of its choice(subject to the right of the Insured to that a right of access to and from the Land is insured by this object for reasonable cause)to represent the Insured as to policy. those stated causes of action. It shall not be liable for and will (h) "Mortgage": Mortgage,deed of trust,trust deed,or other security not pay the fees of any other counsel. The Company will not instrument,including one evidenced by electronic means pay any fees,costs,or expenses incurred by the Insured in authorized by law. the defense of those causes of action that allege matters not (i) "Public Records": Records established under state statutes at insured against by this policy. Date of Policy for the purpose of imparting constructive notice,of (b) The Company shall have the right,in addition to the options matters relating to real property to purchasers for value and contained in Section Tof these Conditions,at its own cost,to without Knowledge. With respect to Covered Risk 5(d),"Public institute and prosecute any action or proceeding or to do any Records"shall also include environmental protection liens filed Form 5011436(7-1-14) Page 3 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) 1 New York I Policy# :.'501 1436-0066559e CONDITIONS(Continued) other act that in its opinion may be necessary or desirable to 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS; establish the Title,as insured,or to prevent or reduce loss or TERMINATION OF LIABILITY damage to the Insured. The Company may take any In case of a claim under this policy,the Company shall have the appropriate action under the terms of this policy,whether or following additional options: not it shall be liable to the Insured. The exercise of these (a) To Pay or Tender Payment of the Amount of Insurance. rights shall not be an admission of liability or waiver of any To pay or tender payment of the Amount of Insurance under this provision of this policy. If the Company exercises its rights policy together with any costs,attorneys'fees,and expenses under this subsection,it must do so diligently. incurred by the Insured Claimant that were authorized by the (c) Whenever the Company brings an action or asserts a defense Company up to the time of payment or tender of payment and as required or permitted by this policy,the Company may that the Company is obligated to pay. pursue the litigation to a final determination by a court of Upon the exercise by the Company of this option,all liability and competent jurisdiction,and it expressly reserves the right,in its obligations of the Company to the Insured under this policy, sole discretion,to appeal any adverse judgment or order, other than to make the payment required in this subsection, 6. DUTY OF INSURED CLAIMANT TO COOPERATE shall terminate,including any liability or obligation to defend, (a) In all cases where this policy permits or requires the Company prosecute,or continue any litigation. to prosecute or provide for the defense of any action or (b) To Pay or Otherwise Settle With Parties Other Than the Insured proceeding and any appeals,the Insured shall secure to the or With the Insured Claimant. Company the right to so prosecute or provide defense in the (i) To pay or otherwise settle with other parties for or in the action or proceeding,including the right to use,at its option, name of an Insured Claimant any claim insured against the name of the Insured for this purpose. Whenever requested under this policy, In addition,the Company will pay any by the Company,the Insured,at the Company's expense,shall costs,attorneys'fees,and expenses incurred by the give the Company all reasonable aid(i)in securing evidence, Insured Claimant that were authorized by the Company up obtaining witnesses,prosecuting or defending the action or to the time of payment and that the Company is obligated proceeding,or effecting settlement,and(ii)in any other lawful to pay;or act that in the opinion of the Company may be necessary or (ii) To pay or otherwise settle with the Insured Claimant the desirable to establish the Title or any other matter as insured. loss or damage provided for under this policy,together with If the Company is prejudiced by the failure of the Insured to any costs,attorneys'fees,and expenses incurred by the furnish the required cooperation,the Company's obligations to Insured Claimant that were authorized by the Company up the Insured under the policy shall terminate,including any to the time of payment and that the Company is obligated liability or obligation to defend,prosecute,or continue any to pay. litigation,with regard to the matter or matters requiring such Upon the exercise by the Company of either of the options cooperation. provided for in subsections(b)(i)or(ii),the Company's (b) The Company may reasonably require the Insured Claimant to obligations to the Insured under this policy for the claimed loss submit to examination under oath by any authorized or damage,other than the payments required to be made,shall representative of the Company and to produce for terminate,including any liability or obligation to defend, examination,inspection,and copying,at such reasonable prosecute,or continue any litigation. times and places as may be designated by the authorized 8. DETERMINATION AND EXTENT OF LIABILITY representative of the Company,all records,in whatever This policy is a contract of indemnity against actual monetary loss or medium maintained,including books,ledgers,checks, damage sustained or incurred by the Insured Claimant who has memoranda,correspondence,reports,e-mails,disks,tapes, suffered loss or damage by reason of matters insured against by this and videos whether bearing a date before or after Date of policy. Policy,that reasonably pertain to the loss or damage. Further, (a) The extent of liability of the Company for loss or damage if requested by any authorized representative of the Company, under this policy shall not exceed the lesser of the Insured Claimant shall grant its permission,in writing,for (i) the Amount of Insurance;or any authorized representative of the Company to examine, (ii) the difference between the value of the Title as insured inspect,and copy all of these records in the custody or control and the value of the Title subject to the risk insured against of a third party that reasonably pertain to the loss or damage. by this policy. All information designated as confidential by the Insured (b) If the Company pursues its rights under Section 5 of these Claimant provided to the Company pursuant to this Section Conditions and is unsuccessful in establishing the Title,as shall not be disclosed to others unless,in the reasonable insured, judgment of the Company,it is necessary in the administration (i) the Amount of Insurance shall be increased by 10%,and of the claim. Failure of the Insured Claimant to submit for (ii) the Insured Claimant shall have the right to have the loss examination under oath,produce any reasonably requested or damage determined either as of the date the claim was information,or grant permission to secure reasonably made by the Insured Claimant or as of the date it is settled necessary information from third parties as required in this and paid. subsection,unless prohibited by law or governmental (c) In addition to the extent of liability under(a)and(b),the regulation,shall terminate any liability of the Company under Company will also pay those costs,attorneys'fees,and this policy as to that claim. expenses incurred in accordance with Sections 5 and 7 of these Conditions. Form 5011436(7-1-14) Page 4 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) 1 New York Policy#:-501 1436-0066559e CONDITIONS(Continued) 1 1 9. LIMITATION OF LIABILITY controversy shall be submitted to arbitration pursuant to the Title (a) If the Company establishes the Title,or removes the alleged Insurance Arbitration Rules of the American Land Title Association defect,lien,or encumbrance,or cures the lack of a right of ("Rules"). Except as provided in the Rules,there shall be no access to or from the Land,or cures the claim of joinder or consolidation with claims or controversies of other persons. Unmarketable Title,all as insured,in a reasonably diligent Arbitrable matters may include,but are not limited to,any controversy manner by any method,including litigation and the completion or claim between the Company and the Insured arising out of or relating of any appeals,it shall have fully performed its obligations to this policy,any service in connection with its issuance or the breach with respect to that matter and shall not be liable for any loss of a policy provision,or to any other controversy or claim arising out of or damage caused to the Insured. the transaction giving rise to this policy. All arbitrable matters when the (b) In the event of any litigation,including litigation by the Amount of Insurance is$2,000,000 or less shall be arbitrated at the Company or with the Company's consent,the Company shall option of either the Company or the Insured. All arbitrable matters have no liability for loss or damage until there has been a final when the Amount of Insurance is in excess of$2,000,000 shall be determination by a court of competent jurisdiction,and arbitrated only when agreed to by both the Company and the Insured. disposition of all appeals,adverse to the Title,as insured. Arbitration pursuant to this policy and under the Rules shall be binding (c) The Company shall not be liable for loss or damage to the upon the parties. Judgment upon the award rendered by the Insured for liability voluntarily assumed by the Insured in Arbitrator(s)may be entered in any court of competent jurisdiction. settling any claim or suit without the prior written consent of 15. LIABILITY LIMITED TO THIS POLICY;POLICY ENTIRE CONTRACT the Company. (a) This policy together with all endorsements,if any,attached to it by 10. REDUCTION OF INSURANCE;REDUCTION OR TERMINATION the,Company is the entire policy and contract between the Insured OF LIABILITY and the Company. In interpreting any provision of this policy,this All payments under this policy,except payments made for costs, policy shall be construed as a whole. attorneys'fees,and expenses,shall reduce the Amount of (b) Any claim of loss or damage that arises out of the status of the Insurance by the amount of the payment. Title or by any action asserting such claim shall be restricted to 11, LIABILITY NONCUMULATIVE this policy. The Amount of Insurance shall be reduced by any amount the (c) Any amendment of or endorsement to this policy must be in writing Company pays under any policy insuring a Mortgage to which and authenticated by an authorized person,or expressly exception is taken in Schedule B or to which the Insured has incorporated by Schedule A of this policy. agreed,assumed,or taken subject,or which is executed by an (d) Each endorsement to this policy issued at any time is made a part Insured after Date of Policy and which is a charge or lien on the of this policy and is subject to all of its terms and provisions. Title,and the amount so paid shall be deemed a payment to the Except as the endorsement expressly states,it does not(i)modify Insured under this policy. any of the terms and provisions of the policy,(ii)modify any prior 12. PAYMENT OF LOSS endorsement, (iii)extend the Date of Policy,or(iv)increase the When liability and the extent of loss or damage have been Amount of Insurance. definitely fixed in accordance with these Conditions,the payment 16. SEVERABILITY shall be made within 30 days. In the event any provision of this policy,in whole or in part,is held 13. RIGHTS OF RECOVERY UPON PAYMENT OR SETTLEMENT invalid or unenforceable under applicable law,the policy shall be (a) 'Whenever the Company shall have settled and paid a claim deemed not to include that provision or such part held to be invalid,but under this policy,it shall be subrogated and entitled to the all other provisions shall remain in full force and effect. rights of the Insured Claimant in the Title and all other rights 17. CHOICE OF LAW;FORUM and remedies in respect to the claim that the Insured (a) Choice of Law: The Insured acknowledges the Company has Claimant has against any person or property,to the extent of underwritten the risks covered by this policy and determined the the amount of any loss,costs,attorneys'fees,and expenses premium charged therefor in reliance upon the law affecting paid by the Company. If requested by the Company,the interests in real property and applicable to the interpretation, Insured Claimant shall execute documents to evidence the rights,remedies,or enforcement of policies of title insurance of the transfer to the Company of these rights and remedies. The jurisdiction where the Land is located. Insured Claimant shall permit the Company to sue, Therefore,the court or an arbitrator shall apply the law of the compromise,or settle in the name of the Insured Claimant I.urisdiction where the Land is located to determine the validity of and to use the name of the Insured Claimant in any claims against the Title that are adverse to the Insured and to transaction or litigation involving these rights and remedies. interpret and enforce the terms of this policy. In neither case shall If a payment on account of a claim does not fully cover the the court or arbitrator apply its conflicts of law principles to loss of the Insured Claimant,the Company shall defer the determine the applicable law. exercise of its right to recover until after the Insured Claimant (b) Choice of Forum: Any litigation or other proceeding brought by the shall have recovered its loss. Insured against the Company must be filed only in a state or (b) The Company's right of subrogation includes the rights of the federal court within the United States of America or its territories Insured to indemnities,guaranties,other policies of having appropriate jurisdiction. insurance,or bonds,notwithstanding any terms or conditions 18. NOTICES,WHERE SENT contained in those instruments that address subrogation Any notice of claim and any other notice or statement in writing required rights. to be given to the Company under this policy must be given to the 14. ARBITRATION Company at First American Title Insurance Company,Attn:Claims Either the Company or the Insured may demand that the claim or National Intake Center,I First American Way;Santa Ana,CA 92707. Phone:888-632-1642. Form 5011436(7-1-14) Page 5 of 5 ALTA Owner's Policy of Title Insurance(6-17-06) New York SCHEDULE A TITLE NO. 641-S-04097 POLICY NO. 5011436-0066559e AMOUNT OF INSURANCE: $ 1,288,384.50 DATE OF POLICY : 10/30114 1. NAME OF INSURED: TOWN OF SOUTHOLD 2. THE ESTATE OR INTEREST IN THE LAND WHICH IS COVERED BY THIS POLICY IS: DEVELOPMENT RIGHTS EASEMENTIEASEMENT INTEREST 3. TITLE TO THE ESTATE OR INTEREST IN THE LAND IS VESTED IN: AS TO FEE TITLE: MOFFAT FARM NORTH, LLC Who acquired title by virtue of a deed dated 9/23113 and recorded 10/30/13 in Liber 12750 page 610. (covers premises and more) (all of tax lot 010.001) AS TO DEVELOPMENT RIGHTS EASEMENTIEASEMENT INTEREST: TOWN OF SOUTHOLD By Grant.of Deveioprneint Rights Easement dated i0/301i4 and recorded 11/12/14 in the Suffolk County Clerk's Office in Liber 12795 page 469. 4. THE LAND REFERRED TO IN THIS POLICY IS DESCRIBED AS FOLLOWS: TAX MAP DESIGNATION: 1000-055.00-02.00-part of 010.001 ADDRESS: 47775 County Road 48, Southold, NY Peconic Abstract, Inc. Title No.: 641-S-04097 amended 7/22/14 Schedule A Description — AMENDED 7128/14 Development Rights Easement Area ALL that certain plot, piece or parcel of land, situate, lying and being in the Town of Southold, County of Suffolk and State of New York, being bounded and described as follows: BEGINNING at a point on the westerly side of North Road (C.R. 27) distant 948.60 feet southerly from the corner formed by the intersection of the southerly side of Old North Road with the westerly side of North Road (C.R. 27); and RUNNING THENCE along the westerly side of North Road (C.R. 27) the following (3) courses and distances: 1) South 19 degrees 36 minutes 50 seconds West, 98.63 feet; 2) Along the arc of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 228.92 feet; and 3) Along an arc of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 45.00 feet to the true point or place of beginning; RUNNING THENCE along the westerly side of North Road (C.R. 27) along an arc of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 299.84 feet to a concrete monument and Town of Southold Development Rights; RUNNIING THENCE along said land and continuing along lands now or formerly of Vanduzer Appliance Company, Inc. the following (3) courses and distances: 1) North 87 degrees 49 minutes 50 seconds West, 414.72 feet; 2) North 7 degrees 08 minutes 00 seconds West, 30.35 feet; 3) South 79 degrees 15 minutes 00 seconds West, 892.99 feet to a monument and other lands of the Town of Southold Development Rights; Continued..... Title No.: 641-S-04097 Schedule A Description continued..... Development Rights Easement Area THENCE along said land, North 11 degrees 34 minutes 10 seconds West, 935.30 feet to a monument and land now or formerly of Suffolk County (Development Rights); THENCE along said land, North 88 degrees 35 minutes 30 seconds East, 752.23 feet to a monument and land now or formerly of Bertsch! and Gilmore; THENCE along said land the following (2) courses and distances: 1) South 5 degrees 53 minutes 10 seconds West, 315.00 feet; 2) North 79 degrees 12 minutes 50 seconds East, 375.18 feet to land now or formerly of Saragas; THENCE along said lands, North 78 degrees 53 minutes 10 seconds East, 73.75 feet to the Reserved Area; THENCE along said Reserved Area the following (2) courses and distances: 1) South 2 degrees 10 minutes 10 seconds West, 318.28 feet; 2) South 87 degrees 49 minutes 50 seconds East, 502.94 feet to the westerly side of North Road (C.R. 27) and the true point or place of BEGINNING. SCHEDULE B POLICY NO.: 5011436-0066559e TITLE NUMBER: 641-S-04097 EXCEPTIONS FROM COVERAGE This Policy does not insure loss or damage (and the Company will not pay costs, attorneys' fees or expenses) which arise by reason of: Special Exceptions: 1) Survey by Peconic Surveyors, P.C., dated 6/17/14 and revised 7/15/14 and 9/9/14 shows the Development Rights Easement area as vacant land; overhead wires; L.I.P.A. Easement area; tower. 2) Rights of the utility company to maintain the overhead wires, tower and easement area, as shown on survey used herein. 3) Declaration of Covenants and Restrictions dated 10130114 and recorded 11/12/14 in Liber 12795 page 470. 4) Company excepts possible unpaid water and sewer charges, if any. First American Title Insurance Company of New York STANDARD NEW YORK ENDORSEMENT (OWNER'S POLICY) Attached to and made part of First American Title Insurance Company of New York Policy 1. Covered Risk Number 2(c) is deleted. 2. Exclusion Number 5 is deleted,and the following is substituted: 5. Any lien on the Title f6r real estate taxes, assessments,water charges or sewer rents imposed by governmental authority and created or attaching between Date of Policy and the date of recording of the deed or other instrument of transfer in the Public Records that vests Title as Shown in Schedule A. 3. The following is added as a Covered Risk: "11. Any statutory lien for services, labor or materials furnished prior to the date hereof,and which has now gained or which may hereafter gain priority over the estate or interest of the insured as shown in Schedule A of this policy." This endorsement is issued as part of the policy. Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii)extend the Date of Policy,or(iv) increase the Amount of Insurance. To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement,this endorsement controls. Otherwise,this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements. IN WITNESS WHEREOF, First American Title Insurance Company of New York has caused this Endorsement to be signed and sealed on its date of issue set forth herein. Dated: 10/30/14 PECONIC ABSTRACT,INC. 405 OSTRANDER AVENUE, P.O. BOX 1267 RIVERHEAD, NY 11901 Tel. 63IL-369-0222 fax: 631-369-4020 Countersigned First American Title Insurance Company of New York BY., x Authorized Signatory James M. Orphanides, President STANDARD NEW YORK ENDORSEMENT(1/1 /07) FOR USE WITH ALTA OWNER'S POLICY (6-06) SUFFOLK COUNTY CLERK RECORDS OFFICE RECORDING PAGE Type of Instrument: DECLARATION Recorded: 11/12/2014 Number of Pages : 8 At: 12 :02 : 35 PM Receipt Number : 14-0149268 LIBER: D00012795 PAGE : 470 District: Section: Block: Lot: 1000 055 . 00 02 .00 010 . 004 EXAMINED AND CHARGED AS FOLLOWS Received the FollowIng Fees For Above instrument Exempt Exempt Page/Filing $40 . 00 NO Handling $20 . 00 NO COE $5 . 00 NO NYS SRCHG $15 . 00 NO TP-584 $0 . 00 NO Notation $0.00 NO Cert.Copies $10 . 00 NO RPT $60 . 00 NO Fees Paid $150 . 00 THIS PAGE IS A PART OF THE INSTRUMENT THIS IS NOT A BILL JUDITH A. PASCALE County Clerk, Suffolk County RECEVED JAN 8 2015 DEPT."OF LAND PRESERVATION RECORDED Number of pages �)014 Nov 12 12.-02:35 Pt-1 JUDITH A. PASCALE CLERK OF This document will be public SUFFOLK COUNTY record. Please remove all L DOO-012795 Social Security Numbers 470 prior to recording. Deed/Mortgage Instrument Deed Mortgage Tax Stamp Recording/Filing Stamps 3 FEES Mortgage Amt Page/Filing Fee 1.Basic Tax Handling 20. 00 2. Additional Tax TP-584 Sub Total Spec./Assit. Notation or EA-52 17(County) Sub Total bD Spec./Add. EA-5217(State) TOT.MTG.TAX Dual Town Dual County R.P.T.S.A. Held for Appointment Comm.of Ed. 5. 00 Transfer Tax Affidavit Mansion Tax D — The property covered by this mortgage is - or will be improved by.. a- one or two NYS Surcharge 15. 00 Sub Total family dwelling only. Other YES or NO - Grand Total If NO, see appropriate tax clause on page# of this instrument. I t)-2)b 2826987 1000 05500 0200 010004 4 1 Dist"'�o T 5 Community Preservation Fund Real Property R SMI A Consideration Amount$ Tax Service 10-NOV-1 Agency CPF Tax Due $ Verification Improved 6 Satisfactions/Discharges/Releases List Property Owners Mailing Address RECORD&RETURN.TO: Vacant Land Lv�s TD TD A_ /01 11 C�1�1 I TD Mail to:Judith A.Pascale,SuffolkCounty Clerk 7 Title Company Information 310 Center Drive, Riverhead, NY 11901 www.suffoikcountyny.gov/clerk lCo.Name-�Mn)Q, &)::6—) ?7pqr_j =Y--)r- Title# 8 Suffolk County Recording & Endorsement Pa'ge This page forms part of the attachedD�) APP, R i6i iq�' made M!�o & !�A by: (SPECIFY TYPE OF INSTRUMENT) The premises herein is situated in SUFFOLK COUNTY,NEWYORK. TO In the TOWN of 6 1) 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) DECLARATION OF COVENANTS AND RESTRICTIONS THIS DECLARATION, made as of thiskWay of October, 2014, by MOFFAT FARM NORTH, LLC, hereinafter referred to as the ""DECLARANT"'; as owner of the premises designated as the date hereof as SCTM #1000-55-2-10.1 and shown on a survey prepared by Peconic Surveyors, P.C. dated June 17, 2014 and last revised September 9, 20141, a reduced copy of which is attached hereto and made a part hereof, and a portion of which is designated as the "' Reserved Area"and a portion of which is designated as the ""Development Rights Easement Area," and both separately described in the metes and bounds descriptions attached hereto,as Schedule "'A"' and ""B" and made a part hereof, hereinafter respectively referred to as the "'Reserved Area" and the "'Easement Area." WITNESSETH : WHEREAS, DECLARANT is the owner of certain real property situate at 47775 County Road 48, in the Town of Southold, County of Suffolk and State of New York, (the "Property"); and WHEREAS, the DECLARANT has granted to Town of Southold a Development Rights Easement dated 5 g�r 3a , 2014 for a part of SCTM #1000-55-2-10.1; and WHEREAS, for and in consideration of the acceptance of the Grant of Development Rights Easement, the Town Board of the Town of Southold (the "Town Board") has deemed it in the best interests of the Town of Southold (the "Town") and the owner and prospective owners of the Property that the within covenants and restrictions be imposed on the Easement Area and,the Reserved Area, and as a condition of tfi-&acceptance of the Grant of Development Rights Easement, the Town Board has required that the within Declaration be recorded in the Suffolk County Clerk's Office; and WHEREAS, the DECLARANT has considered the foregoing and has determined that this declaration of covenants and restrictions will be in the interests of the DECLARANT and subsequent owners of the Property; NOW, THEREFORE, be it declared as follows: The DECLARANT, for the purpose of carrying out the intentions above expressed does hereby make known, admit, publish, covenant and agree that the Development Rights Easement Area (the "Easement Area" herein) and the Reserved Area shall For purposes of clarity, the survey includes the Suffolk County Tax Map designations as of the date hereof. 6reinafter be subject to,the covenants and restrictions as set forth herein, which shall run with the land and shall be binding upon all purchasers and holders of the Property, their heirs, executors, legal representatives, distributees, successors and assigns, to wit:. 1 Access to the Easement Area shall be provided from the North Road (C.R. 48) frontage between the lot now or formerly known as SCTM#1 000-55-2-11.1 to the northerly boundary of the lot now or formerly known as SCTM#1000-55-02-10.1 along the North Road (C.R. 48), and/or from any adjacent property. Said access area shall be defined as an access easement or similar designation when an application is made to subdivide the 5-acre Reserved Area from the Easement Area or application is made for a re-subdivision or a lot line modification of the lot now or formerly designated as SCTIVI #1000-55- 2-11.1. If a re-subdivision or lot line modification is made prior to an application to subdivide the Reserved Area from the Easement Area, the Planning Board of the Town of Southold may waive the requirement to establish access until such time that application is made to subdivide the Reserved Area from the Protected Property. Access to the Easement area and to the Reserve Area from the 344.84' frontage on the North Road (C.R. 48) that is south of the lot now or formerly designated as SCTIVI# 1000-55.-2-11.1 is prohibited. 2. Subject to approval by the Land Preservation Committee and the Planning Board of the Town of Southold, and as otherwise required by applicable law, the Reserved Area may be subdivided from the Easement Area. No further subdivision of the Reserved Area is permitted except to add approximately 1 acre of it to the lot designated as SCTIVI #1000-55-2-11.1, an existing separate lot with existing residential dwelling. These covenants and restrictions shall be construed to be in addition to and not in derogation or limitation upon any local, state, and federal laws, ordinances, regulations or provisions in effect at the time of execution of this agreement, or at the time such laws, ordinances, regulations and/or provisions may hereafter be revised, amended or promulgated. These covenants and restrictions shall be enforceable by the Town of Southold, by injunctive relief or any other remedy in equity or at law. The failure of the Town of Southold or any.of its agencies to enforce same shall not be deemed to affect the validity of this covenant nor to impose any liability whatsoever upon the Town of Southold or any officer or employee thereof. If any section, subsection, paragraph, clause, phrase or provision of these covenants and restrictions shall, by a Court of competent jurisdiction,.be adjudged illegal, unlawful, invalid or held to be unconstitutional, the same shall not affect the validity of these covenants as a whole, or any other part or provision hereof other than the part so adjudged to be illegal, unlawful, invalid, or unconstitutional. This Declaration is made subject to the provisions of all laws required by law or by their provisions to be incorporated herein and they are deemed to be incorporated herein and made a part hereof, as though fully set forth. This Declaration shall run with the land and shall be binding upon DECLARANT, its successors and assigns, and upon all persons or entities claiming under them, and may not be annulled, waived, changed, modified, terminated, revoked or amended by subsequent owners of the premises unless and until a recommendation is made to do so by the Planning Board and the Land Preservation Committee, and same is approved by a majority plus one vote of the Town Board or its legal successor, following a public hearing. IN WITNESS WHEREOF, the DECLARANT above named, has duly executed the f oregoing Declaration the day and year first above written. DECLARANT: MOFFAT FARM NORTH, LLC By: SEAl%MOFFAT, Managing Member STATE 0 EW YORK) SS.: COUNTY OF FFOLK) Ontheday f October in the year 2014 before me, the undersigned, personally appeare Sean Moffat, personally known to me or proved to me on the basis of satisfactory e *dence to be the individuals whose names are subscribed to the within instrument a acknowledged to me that they executed the same in their capacity, and that by thei ignature on the instrument, the individuals, or the persons upon behalf of whi the individuals acted, executed the instrument, and that such individuals made h appearance before the undersigned. Notary Public APkL:00\'J\eQA nwvy)A Peconic Abstract, Inc. Title No.: 641-S-04097 amended M2114 Schedule A Description —AMENDED 7/28114 Development Rights Easement Area ALL that certain plot, piece or parcel of land, situate, lying and being in the Town of Southold, County of Suffolk and State of New York, being bounded and described as follows: BEGINNING at a point on the westerly side of North Road (C.R. 27) distant 948.60 feet southerly from the corner formed by the intersection of the southerly side of Old North Road with the westerly side of North Road (C.R. 27); and RUNNING THENCE along the westerly side of North Road (C.R. 27) the following (3) courses and distances: 1) South 19 degrees 36 minutes 50 seconds West, 98.63 feet; 2) Along the arc of a curve bearing to the right having a radius of 2259.00 Jeet, a distance along said curve of 228.92 feet; and 3) Along an arc of a.curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 45.00 feet to the true point or place of beginning; RUNNING THENCE along the westerly side of North Road (C.R. 27) along an arc of.a curve bearing to the right having a-radius of 2259.00 feet, a distance along said curve of 299.84 feet to a concrete monument and Town of Southold Development Rights; RUNNIING THENCE along said land and continuing along lands now or formerly of Vanduzer Appliance Company, Inc.the following (3) courses and distances: 1) North 87 degrees 49 minutes 50 seconds West, 414.72 feet; -2) North 7 degrees 08 minutes 00 seconds West, 30.35 feet; 3) South 79 degrees 15 minutes 00 seconds West 892.99 feet to a monument and other lands of the Town of Southold Development Rights; Continued..... Title-No.: 641-S-04097 Schedule A Description continudd'..... Development Rights Easement Area THENCE along said land, North 11 degrees 34 minutes I O"go'conds West, 935.30 feet to a monument and land now or formerly of Suffolk County (Development Rights); THENCE along said land, North 88 degrees 35 minutes 30 seconds East, 752.23 feet to a monument and land now or formerly of Bertschi and Gilmore; THENCE along said land the following (2) courses and distances: 1). South 5 degrees 53 minutes 10 seconds West, 315.00 feet; 2) North 79 degrees 12 minutes 50 seconds East, 375.18 feet to land now or formerly of Saragas; THENCE along said lands, North 78 degrees 53 minutes 10 seconds East, 73.75 feet to the Reserved Area; THENCE along said Reserved Area the following (2) courses and distances: 1) South 2'degrees 10 minutes 10 seconds West, 318.28 feet; 2) South 87 degrees 49 minutes 50 seconds East, 502.94 feet to the,- westerly side of North Road (P.R. 27) and the true point,gr place of. BEGINNING. Peconic4AW�act Inc. Title No.: 641-S-04097 amended 7122/14 f� Schedule"scription FOR INFORMATION ONLY Reserved Area ALL that certain plot, piece or parcel of land, situate, lying and being in the Town of Southold, County of Suffolk and State of New York, being bounded and described as follows: BEGINNING at a point on the westerly side of North Road (C.R. 27) distant 948.60 feet,southerly from the corner formed by the intersection of the southerly side of Old North Road with the westerly side of North Road (C.P.. 27); THENCE along the westerly side of North Road (C.R. 27)the following (3) courses and distances: 1) South 19 degrees 36 minutes 50 seconds West, 98.63 feet; 2)Along an arc of a curve bearing to the right having a radius of 2259.00 feet, a distance along said curve of 228.92 feet; 3)Along an arc of a curve bearing to the right having a radius of 2259'.00 feet, a distance along said curve of 45.00 feet; THENCE along the Development Rights Easement Area the following (2) courses and distances: 1), North 87 degrees 49 minutes 50 seconds West, 502.94 feet; 2) North 2 degrees 10 minutes 10 seconds East, 318.28 feet to land now or formerly of Saragas; THENCE along said land, North 78 degrees 53 minutes 10 seconds East, 714.90 feet to the westerly side of North Road (C.R. 27) and the point or place of BEGINNING. CALIFORNIA ALL-PURPOSE CERTIFICATE OF ACKNOWLEDGMENT State of California County of G5�ana - Oil before rne, POUV) UT-O'N tCU"P(A_X1 no_VA!�l NJA4"C (1-lere insert name and title of(lie officer) J personally appeared 0 :E—_ -- who proved to me oil the basis of satisfactory evidence to be the person(,J) whose nameW is/qe subscribed to the within instrument and acknowledged to me that he/sA/the /executed the sarne in his/h/r/tIkir authorized capacity(ieb, and that by his/h�/thV(r signature(o on the instrument the person(�, or the entity upon behalf of which the person(� acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that tile foregoing paragraph is true and correct. r ARUN LATA KUMAR WITNESS rny hand and official seal. COMM.#2033037 0 pft NOTARY PUBLICwCAI IFORMA 0 SOLANO COUNTY (Notary Seal) F My Comm.Expires JULY 12.2017 Signature of Notary Public lq7 RUp ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS FORM Any acknowledgment completed ill Califoi-nia must contain verbiage exactly as DESCRIPTION OF THE ATTACHED DOCUMENT appeals above ill the llotai),section oi-a sepal-ate acknowledgmentfoi-in must be pvopei-ly completed and attached to that document. Tile only excelmioll is if a doctiment is to be i-ecorded outside of Califoi-nia. Ill such instances,any allei-nalive (Title or description of attached document) acknowledgment vel-biage as may be pi-inted oil such a document so long as the vet-biage does not i-equh-e the notal),to do something that is illegalfbi-a nololy ill ro pe?wthicr) California (i.e. cerlifying the authoi-Letl capacity of the signei). PILase check the (Title or description of attached document continued) docillnent cat-efullyjoi-pi-opei-notai-ial iroi-ding anel attach thisfoi-in if i-equired NUniber of Pages , lo Docunient Dat jc�) Stale and County information must be the State and County where tile do'CL1111CIll. signer(s)personally appeared before the notary public for acknowledgment i Date of notarization must be the date that tile signer(s)personally appeared which Illust also be the same date the acknowledgment is completed. _rAdditional information) The notary public must print his or her name as it appears within his or her commission followed by a comma and then your title(notary public). Print the name(s) of document signer(s) who personally appear at the time of notarization. CAPACITY CLAIMED BY THE SIGNER Indicate tile correct singular or plural forms by crossing off incorrect forms(i.e. 0 Individual 0) he/she/gie�"is/afe)or circling the correct forms.Failureto correctly indicate this information may lead to rejection of document recording. El Corporate Officer - The notary seal impression must be clear and photographically reproducible, Impression must not cover text or lines. If seal impression smudges,re-seal if a (Title) sufficient area permits,otherwise complete a different acknowledgment form. El Partner(s) * Signature of the notary public must match the signature on file with the office of 11 Attomey-in-Fact tile county clerk. Additional information is not required but could help to ensure this El Trustee(s) acknowledgment is not misused or attached to a different document. El Other Indicate title or type of attached document,number of pages and date. Indicate the capacity claimed by the signer. If the claimed capacity is a corporate officer,indicate the title(i.e.CEO,CFO,Secretary). Securely attach this document to the signed document 2008 Version CAPA vl2.10.07 800-873-9865 %v%v-.v.NotaryClasses.com CLOSING STATEMENT MOFFAT FARM NORTH, LLC to TOWN OF SOUTHOLD part of SCTM #1000-55.-2-10.1 Total Development Rights Easement—20.5222 acres Total Parcel Acreage - 25.5222 acres Reserve Area Acreage - 5.0 acres LIPA Easement Acreage —0.7009 (not included in purchase price) Premises: 47775 County Road 48, Southold, New York Closing held on Thursday, October 30, 2014 at 10:00 a.m., Southold Town Hall Annex Purchase Price of $ 1,288,384.60 (based upon 19.8213 buildable acres @ $65,000/buildable acre) disbursed as follows: Payable to Moffat Farm North, LLC $ 1,207,531.50 Check#122863 (10/3012014) Payable to Scott DeSimone, McCarthy RE $ 38,651.60 Check#122861 (10/3012014) Payable to Thomas J. McCarthy, McCarthy RE $ 38,651.50 Check#122862 (10/30/2014) Payable to Patricia C. Moore, Esq. $ 3,550.00 Check#122864 (1013012014) Total: $ 1,288,384.50 Project eligible for partial reimbursement costs from an awarded USDA-NRCS grant in the amount of$593,760.00 Expenses of Closing: Appraisal (pre-contract) Payable to Elinor Brunswick, MAI 2,750.00 Check#120698 (4/8/2014) Appraisal (supplemental update for federal arant) Payable to Elinor Brunswick, MAI $ 750.00 Check # 122907 (11/5/2014) Old Appraisals (pre-contract) Payable to Given Associates, LLC $ 2,400.00 Check#090076 (3/13/2007) Payable to Given Associates, LLC $ 2,300.00 Check#105550 (6/1/2010) Survey Payable to Peconic Surveyors, PC $ 3,850.00 Check #121908 (7/29/2014) Environmental Report (Phase I ESA) Payable to Nelson, Pope & Voorhis, LLC $ 1,050.00 Check#121727 (7/15/2014) Title Report Payable to Peconic Abstract, Inc. $ 6,270.00 Check#122865 (10/30/2014) Title insurance policy $ 5565 Recording easement $ 410 Certified copy of easement $ 20 Recording C&R's $ 275 Title Closer Attendance Fee Payable to Victoria Charczuk $ 150.00 Check#122860 (10/30/2014) We, the undersigned parties, do hereby certify that this Closing Statement accurately reflects the distribution of the easement purchase price and expenses incurred by the Town of Southold towards this project, excluding Town's legal fees. Patricia C. Moore, acting on behalf of Moffat Farm North, LLC Melissa Spiro, LaWdPreservation Coordinator Town of Southold CERTIFICATE OF RESOLUTION REGARDING SALE OF DEVELOPMENT RIGHTS 1, SEAN MOFFAT, being the managing member of Moffat Farm North, LLC , a New York limited liability company(the"Company"), do hereby authorize my attorney,Patricia C. Moore, to execute/initial all closing documents necessary to complete the sale of development rights known as 47775 County Road 48, Southold. Town of Southold, Suffolk County,New York,to Town of Southold. Dated: 161�2-7 -20 1 y Moffat Farm North, LLC By: ". G Sean Moffat,Managing Member Those present at Closing: Scott A. Russell Southold Town Supervisor Lisa Clare Kombrink, Esq. Attorney for Town of Southold Patricia C. Moore, Esq. Attorney for Moffat Farm North, LLC Tina Koslosky representing Moffat family Jim Koslosky representing Moffat family Victoria Charczuk Title Company Closer Melissa Spiro Land Preservation Coordinator Melanie Doroski Land Preservation Sr Adrn Asst ................... --------------- ------------ ..... ------------ -----------------...... ...................... ....................... ..........-------------- ....................... ------------------------ ................. ....................... ----------------------- .... TOWN OF SOUTHOLD VENDOR 013S91 MOFFAT FARM NORTH, LLC 10/30/2014 CHECK 122863 P.0 # INVOICE DESCRIPTION AMOUNT FUND & ACCOUNT H3 .86GO.2.600.100 14-518 *103014 20.5222 AC DEV RT-MOFF 1,207,531.SO TOTAL 1,207,531.50 Ae' 1�k Arm f 190;1 L-1 A G R W!.W 0 1 al A Lei a 19 B:1-1 101A 0 FART19111 a ;wm;l i 91UPWI p 2S OPEI""' — M'WhWR\r,'q-'w4'-w- NOY "kit; XTIvrWo, Ml. :WA ............ a all IL NO—'i i 4 RM I�P-f'-u WRNAMR It! mg— g! I 1"'Ir. Jig v 11 pit;P QQ451WIX ra I 1,111 11- X MIN air I �W h.1 W—P ?NW i W-W� n m 5e OR A41 1.2 La IN Z -% , --.2 a �- -ZF4 P, 6a U It- U Lot --------------------- ...................... ------------------ ------------------------ -------.................. ----------------7-7-- --------------- ..................... ---------------- ....................... .........------------ ----------------- ....................... ...................... .................. ...................... TOWN OF SOUTHOLD VENDOR 004072 SCOTT DESIMONE 10/30/2014 CHECK 122861 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 .8660.2.GO'0.100 14-518 103014 SELLER'S FEE-MOFFAT 38, 651.50 TOTAL 38,651.50 ft F Ot t2 A wblop zv FA AdMiala. ...... ........ gpx "g�:- -419,A) 1AMOTIVA4,MN, if,0 b I .......... YX�i ft— RM R, 1#jp!,�jlXP__0 !R w, '07 X iXill, SAg 1 105.Q_ yo g 'I Wes -gitlilglullo" nd or Iy— A _Q 10- A aw. \10"un -------­------....... ----------------------- ---------------­--­ .................... ----------- ------- ----------------------- ...................... ---------------------- ............... ................ ...................... ...................... .................. ....... ------------ ...................... ..................... ...... ------------------------ TOWN OF SOUTHOLD VENDOR 013087 THOMAS J. MCCARTHY 10/30/2014 CHECK . 122862 -FUND & ACCOUNT P.O.# INVOICE I DESCRIPTION AMOUNT H3 .86GO.2.600.100 14-518 103014 BROKER'S FEE-MOFFAT 38,G51.50 TOTAL 38,651.50 Walt" cop �Iv J THE ORIGINAL CHECK HAS A BACXGROUUD, A.VOID COPY FEATURE AND WATERMARX PA,PE,R, �,a -4. .................... fill [uh "lliml-hoom sirw 14 Z41- - m',, ad ............... & Qll UMNA NO will, A M as N -0% oply 1,19.1111 1'MWE T�l. ,N ,; 'R.'apla- !"1101bilMlill-, RX yN6 ma W w-gw r,�AM 40- UNiO�" 2 001% ------------- ------------------- ......I.............. ------------------- ............... --------------------- ------------------------ ------------­---------- -------­-------------- ...................... .................. --------------------- --------------- ............. ............. ..................... -----------........... ...................... ......... TOWN OF SOUTHOLD VENDOR 013549 PATRICIA- C. MOORE, ESQ. 10/30/2014 CHECK 122864 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT -H3 .8660.2.�00.100 14-518 103014 SELLER'S LGL FEE-MOFFAT 3,550.00 TOTAL 3,550.00 4L ............ J THE,ORIGINAL CRECK,HAS A COLORED BAC'KGROUND, A VOID COPY FEATURE AND WATERMARK PAPER 0'�&'. �'W Will lb ........... 'gmn 2 i wi M-0 0:-9 111-0 50, 40 ioin E,wag"101-g-mopo W —mmi.,-Wh 7� Vag tg_z P__ M-0 ?ft-WYM/Mm- g.. PRE :Nmw 2'RJ�' WIWI 4X- 17-01 ME T_ M-5 SI: N ,m " w W� N 200 'pap--g- w-nm mov Z z BRUNSWICK APPRAISAL CORP. REAL ESTATE APPRAISERS AND CONSULTANTS P.0.Box 674 Rockville Centre,New York 11571-0674 (631)421-2344 FAX(631)424-9246 E-Mail:clinor@brunswickappraisal.com Sanford S.Brunswick Armand Brunswick,MAI Elinor Brunswick MAI 1881-1960 State Certified General Appraisers March 19, 2014 Town of Southold Department of Land Preservation Southold Town Hall Annex 54375 State Route 25 P.O. Box 1179 Southold,New York 11971-0959 Attention: Melissa A. Spiro, Land Preservation Coordinator RE: Development Rights Easement Acquisition Moffat Farm North LLC Property 1000-55-2-p/o 10.001 47775 C.R.48 Southold,New York 11971 INVOICE Real Estate Appraisal $2,750 Thank you very much. RECEWER -MAR 21 2014 DEPT.OF LAND ERESERVATION ....................... -­------------------ ................ ----------------- ...................... ---------------- ....................... ....................... -------­-- .................... ....................... ........................ .................... .............. ..................... ...................... ..................... ............ TOW OF SOUMOLD VENDOR 005409 ELINOR BRUNSWICK, MAI 04/08/2014 CHECK 120698 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 .8660.2.500.200 25309 031914 MOFFAT APPRAISAL-PEV RTS 2,750.00 TOTAL 2,750.00 dft 2."v It k'lalw1wTA02 I mx-1*1;jm a is;a:I m fill:i a -pill nQ S 1 ........... . ..... aw, gp �ikhl 4A . ; 4Z T 40Ap, " ' s —1 �"V­4W­V--�n" Kjft ; hii i Pr -7, 4�1 'fl 40- 1, 6d' N.TFB..-. p�! -4 _0_ _M uu BRUNSWICK APPRAISAL CORP. REAL ESTATE APPRAISERS AND CONSULTANTS P.0. Box 674 Rockville Centre,New York 11571-0674 (63 1)�21-2344 FAX(631)424-9246 E-Mail:elinor@brunswickappraisal.com Sanford S.Brunswick Armand Brunswick,MAI Elinor Brunswick,MAI 1881-1960 State Certified General Appraisers October 6, 2014 Town of Southold Department of Land Preservation Southold Town Hall Annex 54375 State Route 25 P.O. Box 1179 Southold,New York 11971-0959 Attention: Melissa A. Spiro, Land Preservation Coordinator RE: Development Rights Easement Acquisition Moffat Farm North LLC Property 1000-55-2-p/o 10.001 47775 C.R. 48 Southold,New York 11971 INVOICE Federal review and updated appraisal .$750 Thank you very much. INECENED, OCT 6 2014 DEPT.OF LAND PRESERyal N -- ----- - — ` �-_---- [.---- L----'j i-----! L-----! TOWN OF SODTHOLD � vEmDoo oou*oy ELImoa 000NawIco' MAI 11/05/2014 cooco 122907 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 .8660.2.500.200 27456 100614 UPDATED APPRAISAL-MOFFAT 7SO.00 TOTAL 750.00 At to THE ORI,,G,INAL CHECK HA'S A COLORED BACKGROUNDt A VOID COPY FEATURE AND WATERMARK PAPER og Rij 60, ND RUNSWI � | U � � ' �� �~ RGIVEN Invoice A S S 0 C I A T E S Date Invoice# 548 Route 1111 PO Box 5305 212112001 241 Hauppauge, NY 11788 631-360-3474 Fax 631-360-3622 Bill To Town of Southold .-.P,O-.-Box 1.179. Southold NY 11971-0959 Please make check payable to:GIVEN ASSOCIATES, LLC. File No. Terms 2007122/123 Due upon Receipt Description Amount Property of Moffat-Wolfe, Et. Al. Located 2,600.00 Southeasterly side of Middle Road (CR 48) Southold,NY S.C.T.M.#1000-55-3-6.1 Property of Moffat-Wolfe, Et. Al. Located 2,400.00 Northwesterly side of Middle Road(CR 48) Southold,NY S.C.T.M.#1000-55-2-10 I'D 7 Fr '.A.11 D Thank you for your continued business. Balance Due $5,000.00 F� QIV.E�N 214 -Z::7 �ij f, io Aw UTHOMN . ... AJ971-095 T 2_' ft�Y RK -N1 TE i'o 0 17j- . ...... f s I--iv- ---0§1 Ift r ITR L;.' at :_vn-11"'::-.5 umogoo7gua co 2L40S4641: 63 00000 It 0 119 -Tkx gon VENDOR 007416 GIVEN ASSOCIATES TAIC-1 01/1 . .007 (-T 7-6, FUND & Ac_c_QbWT P.9.# 11weleR — DBseRiPTIEW i0iE)blNT H3 .8660 .2 .500 .200 16516 2007122 APPRA119AL �M�OFFAT�/WO �2,400�. 0O H3 .8660 .2 .500.200 16516 2007123 (::::::::A!PP!!RAtIS!AtL-.Mf!!�� TOTAL 5, 000.00 I TOWN OF SOUTHOLD -SOUTHOLD,NY 11971-0959 EGIVEN Invoice A S S 0 C I A T E S Date Invoice# 548 Route 111, Suite 200 5/10/2010 155 Hauppauge, NY 11788 631-360-3474 -Fax 631-360-3622 bill To Town of Southold Southold NY 11971-0959 Please make check payable to:GIVEN ASSOCIATES,LLC. File No. Terms 2010148 Due upon Receipt Description Amount Property of Moffat-Wolfe HM Living Trust 2,300.00 Located Northwesterly side of Middle Road(CR 48) Southold,NY :S.C.T.M.#1000-55-2-10 DE -C E W E MAY 12 Zo io DEPT.OF LAND PRESERVATION Thank you for your continued business. TBalance Due $2,.300.00 R.GIVEN ..................... .......... ...................... ....... .............. ....................... .............. ..................... ........................ ........................ ...................... ..................... ...................... ...................... ..................... ...................... ...................... ..................... ...................... TOWN OF SO UTHOLD VENDOR 007416 GIVEN ASSOCIATES LLC 06/01/2010 CHECK 105550 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 BG60.2.500.200 20144 655 MOFFAT-WOLFE-LIVING TRST 2,300.00 TOTAL 2,300.00 qr '&'-Wk I rl, ,ur N 4,4 It; �_Tm rM53= iv, W ,k0lo 4", W7 , �QW-k;p� 3,4 :Dil -4"." k* tinw—tmwq row r VVIS-1;Affil Vol-, "o�,Qpwjb- -a�,4 ........................... Nelson Pope&Voorhis, LLC 572 Walt Whitman Road Melville,NY 11747 (631)421-5665 June 30,2014' Melissa Spiro Project-No:- V14XO90.001.000 Town of Southold Dept of Land Presery Invoice-No: 10806 Town Hall Project Manager Steven McGinn '53095 State Rt'25, PO Box 1179 Southold,..N(Y 11971 -Project V14XO90.001.000 Moffat Farm North,Southold Profesgional'Services — — — — — — —— — --- — — — --- —— — — ---- — — --- Phase 'SA Site Audit --- — — — — — — — — — — — — — — --- ——— — — — — — --- ——---- Task 1300 Phase I.ESA Contra ct dated May 1,20-14 PhEise i.,Envi'ronme�tial-Site'Assessment Work:Perfo(med Z/6-5/27114 F�6 ' 'Totzil-this Task 0 -otal.this Phase- Total-4hili j�p'iv: olce $11,050i0o, 4 ,,,Oxr se )KI GNP. Pa.. cvu R" ECEWED, r Ot 5665 .-JUL 3- 20.14 t -421 Ncrlo 631� d te QEPL UF LAND X1XQ or our. PR�SQ�ATRN or All in%iolces are due n.et 30 days. A late charge of 1%p'er'm'onth vvill'be added to a.ny unpai.d balafice"after 30 da'ys. ---------------------- —–--------7–-- ---------------------- ................... ......... ------............ 7--------- ------------- ..................... .................. ...................... ..................... ...................... ...................... ...................... ..................... ....................... TOWN OF SOUTHOLD VENDOR 014161 NELSON POPE & VOORHIS, LLC 07/15/2014 CHECK 121727 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 .8660.2.600.100 26933 10806 PHASE 1 ESA-MOFFAT ENVIA 1,050.00 TOTAL 1,050.00 %of COD ..... ... ... i A -leIA-1 L k dil I A IFA H--mTeff-A A 4'.1 Illf-M1,02A J-1; gco r6pmg wv�2i k. Ell ED me Lt, Ell, M -Twmwx rim- wt nt 17 MMifll Mr� Ji 4.16 Tom MID,IN= gm$ ALWWd Ij -I-p 6 r0p I ew 7.r--w,g", th IV W- 1- `ftyWl m T --IWO��W,, pg 7w- zlifi"ilo.,c) 1110 5 r.1�1: G, A (in cl o o I., -011�- PECONIC SURVEYORS, P.C. Invoice SOUTHOLD,NY 11971 Date Invoice# 1230 TRAVELER STREET 7/8/2014 If,'801 Bill To TOWN OF SOUTHOLD LAND PRESERVATION DEPTARTMENT 54375 RT 25 PO BOX 1179 SOUTHOLD,NY 11971 'P: Terms Project 14-070 Net 30 Quantity Description Rate Amount 1 SURVEY-DEVELOPM[ENT RIGHTS EASEMENT. 3,850.00 3,850.00 MOFFIT FARM NORTH,LLC.S.0 TAX MAP#1000-55-02-10.1 RECOVED JUL 2014 DEPI OF LAND -PRESERVATION We appreciate your prompt payment Phon'.e# Total $3,850.00 631-765-5020 --------------------- ....................... ..................... ..................... ............. ...................... ....................... Z�....................... ...................... TOWN OF SOU7HOLD VENDOR 016144 PECONIC SURVEYORS, P.C. 07/29/2014 CHECK 121908 FUND &�ACCOUNT P..O.# INVOICE DESCRIPTION AMOUNT H3 .8660.2.600.1010 26934 1801 SURVEY-MOFFAT FARM NORTH 3,850.00 TOTAL 3,850.00 71 Ag 0, '?,vt' THE ORIGINAL CHECK HAt A COLORED BACKGROLIND�A VOID COOY FEATURE AND WATEiRMARK PAPER TRW-- OR,RPM 11moMm'vill M, ME gy,MR If low :,-,: Zm MR M i w n T g W-5-- fl-A-Z El -�W' 5-m OM 'Al ..... ---- -- W, -A 5 MR .;-- "Wp &P or PoeoxkAbrsraa MT�E BRL 0 Vb?7 PdA"Numt**):Fm .14ft-of cloftg: mom of.ftmdmar. 7 7Y --C--. 5u Name of SdkdOwner. Tax Mp M. /o o elo "I of Loulor- IME-CHARGES AMOUNT PURCHASER SELLER LENDER Fee 1.7 re S-- Lander Endocimment 0 RewufiugMSt6uent ep. Po A9 t�ewYotkSme%WAfa.TZ NewYotkaWRcdPc .PecankB$y Regan TanxfuT= MandcmTax mortry ag-Ta Bonown Lender 25% BsmwD*esi& -7A- x CoyroJ 7-b -f, -7;17 gun-g—NcwNlmW Ingecdon $Urftp-- 2gutamidimawgisMI&M ---------- Am*n�SearchM Wat'seuch(es) C>varWR!11= cAnmratesmAm ibTA—M 69-70 J amndrmnmy.swwgomtn conracUm w0theimmoftedow too phmwnob6dVwbsmmofomtRWpdWIsrAdWwAwd CMhUWAMN WMUUW q %now~dwfofth�bwn umb6 --7%. ---- ..... ----------------------- ...................... -----I­---------------- --------------------- ................ ------------­------­- ------------------------ --------------7......... - ------:--------- ....................... ---------............ I....................... ..................... ----------------------- ...................... ...................... ..................... ...................... TOWNOFSOUTHOLD VENDOR 016139 P.ECONIC ABSTRACT, INC. 10/30/2014 CHECK 1228G5 FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 .8660.2.600.100 14-S18 641-S-04097 TITLE INS-MOFFAT 5,S65.00 H3 .8660.2.600.160 14-518 641-S-04097 EASMNT RCRD FEE-MOFFAT 410.00 H3 .8660.2.600.100 14-518 641--S-04097 C&RIS RCRDNG FEE-MOFFAT 275.00 H3 .8660.2.600.100 14-518 641-S-04097 CERT.COPY EASMNT-MOFFAT 20.00 TOTAL 6,270.00 F0( 70 _YJ THE OR I GINAL CHECk�HAS A COLORED BACKGROUN'D, AVOID 00,PYIFEATURE AND WATERMARK PAPER R w "gag % 410W IM �'M7, put .2o W p Oil ' d' 0,,,rf R 14,N Raw m --mmigN '�M Y'llup- MOW NO I i MRRENR�--Mmu Xim"71 �MW �g!@MH il Z .. --awl lx�"T�-Ave='m—a monm-1�M 1 -4.I'll I. -'Z-- ME P 'o" g?0111.111"IfffleWme"! W-M, R, liu;w­ *A9 --43'plonm� "'I'myllml jj'ffiNl"1l g�'-4,'gip�7' nd M41-511M,rt*13 Ong 10M.1.6 75 fe ve- W_ Rm wik& 4" ,0- 111 ---------------- ....................... ------­--------------- ----------------------- ....................... ............. ....................... ----------------------- ....................... ........... ..................... ........................ ....................... ......................: ................ ....................... ..... ............... ......... ---------- ........... TOWN OF SOUTHOLD VENDOR 007G59 VICTORIA CHARCZUK 10/30/2014 CHECK 1228GO FUND & ACCOUNT P.O.# INVOICE DESCRIPTION AMOUNT H3 .8GGO.2.600.100 14-518 G41–S-04097 TITLE CLOSURE FEE–MOFFAT 150.00 TOTAL 150.00 4-1 u Aqt�. I ff 1A Up !I zv� P 4QQ�., ka- 94wY E9 4 YWW282tZ7=4 US :-M 2M, M vl� '[1' 0-0 R-��Uofp-'10'9 WIN 'N 10, Ni I ro L, 6.7 w—', '-A 411 _77,0 ANN mfem-4-5-m-0 A pp-jm� i 'o WWI OFFICE LOCATION: MELISSA A.SPIRO Town Hall Annex LAND PRESERVATION COORDINATOR 54375 State Route 25 melissa.spiro@town.southold.ny.us (comer of Main Rd&Youngs Ave) co Southold,New York C* Telephone(631)765-5711 W- Facsimile(631)765-6640 MAILING ADDRESS: P.O.Box 1179 Southold,NY 11971-0959 DEPARTMENT OF LAND PRESERVATION TOWN OF SOUTHOLD To: Supervisor Russell Tax Assessors Town Board Building Department Town Clerk Land Management Land Preservation Committee Town Comptroller Town Attorney Planning Board Public Works Peconic Land Trust Suffolk Co Division of Real Estate The Nature Conservancy From: Melissa Spiro, Land Preservation Coordinator Date: October 30,2014 Re: MOFFAT FARM NORTH, LLC to TOWN OF SOUTHOLD Part of SCTM#1000-55.-2-10.1 Development Rights Easement Please be advised that the Town of Southold has acquired a development rights easement on the property listed below. If you would like any additional information regarding the purchase, please feel free to contact me. LOCATION: 47775 CR 48,Southold SCTM#: part of 1000-55.-2-10.1 PROPERTY OWNER: Moffat Farm North, LLC CONTRACT DATE: June 4,2014 PURCHASE DATE: Closing took place on October 30,2014 PURCHASE PRICE: $ 1,288,384.50($65,000/buildable acre based on 19.8213 buildable acres) EASEMENT ACREAGE: 20.5222 acres TOTAL PARCEL ACREAGE: 25.5222 acres RESERVED AREA: 5.0 acres LIPA EASEMENT AREA: 0.7009 acre(excluded from purchase price;included within easement area) FUNDING: Community Preservation Fund GRANT AWARD: $593,750.00—USDA NRCS(reimbursement) MISCELLANEOUS: A Declaration of Covenants&Restrictions was recorded at the time of closing. The Declaration includes restrictions pertaining to access to both the area subject to Easement and the Reserved Area, and to the Reserved Area subdivision.