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PLEASE DO NOT PUBLISH
Standard N.Y.B.T.U.Form 800'2-20M —Bargain and Sale Dred,with Covenants against Grantor's Aas—Individual or Corporation. (single sheet)
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT•THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
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THIS INDENTURE, made the 5r day of in -" +,nineteen hundred andseventy seven
i� BETWEEN FAIRWAY FARMS INC. , having its main place of business at
(no number) Case's Lane, Cutchogue, Town of Southold, County of
° - Suffolk and State of New York,
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darty o t e firs�p t and `GH-an CAGH, his wife, both
residing at 8 Cakewalk terrace, Slitithtown, NTeVTork 117870
j
party of the second part,
WITNESSETH,that the party of the first part, in consideration of ten dollars and other valuable consideration
paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs '.
- or successors and assigns of the party of the second part forever,
ALL that certain plot, piece or parcel of land, situate,
lying and being in the Town of Southold. Countyof Suffolk_and Sta�te__of
New York, known and designated as Lot Number Twenty' (20) on a
certain map entitled, "Map of Fairlvay Farms", and' filed in the Suffolk
SEC. County Clerk's Office on February 15, 1974 as Map Number 6066.
BEING A14D INTENDED TO BE a portion of the same premix es conveyed to
j� 9 the Party of the First Part herein by deed dated August 28, 1973 and
filed in the Suffolk County Clerk's Office on November 9, 1973 in
BLOCK Liber 7526 at page 597.
SUBJECT TO the Covenants and Restrictions recorded in the Suffolk
County Clerk's Office on February 22, 1974 in Liber 7593- at page `34.
LOT
THIS CONYEYANCE is made in the usual or regular course of business
[�J�/ actually conducted by the Party of the First Part and does not
NO constitute aconveyance of all orsubstantially all of its assets.
RIGHT OF FIRST REFUSAL: If at any time prior to December 1 , 1987 the
Part-kes of the Second Part or their heirs desire to sell the parcel
herein, it is stipulated and agreed that said parcel shall be first.
offered for sale to the Party of the First Part or its successors, who
shall thereafter within ten (10) days execute either a Contract of
ko Sale or a refusal. This Right of First Refusal shall only be valid in
Go the event the premises are vacant and unimproved, and shall have no
force or effect in -h e event the Parties of the Second Part improve;.
C� said premises with a house.
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
roads abutting_the above described premises to the center lines thereof; TOGETHER with the appurtenances
and all the estate and rights of the party of the first part in and to said premises; TO HAVE AND TO
HOLD the premises herein granted unto the party of the second part, the heirs or successors and assigns of
the party of the second part forever.
AND the party of the first part covenants that the party of the first part has not done or suffered anything
whereby the said premises have been encumbered in any way whatever, except as aforesaid.
AND the party of the first part, in compliance with Section 13 of the Lien law, covenants that the party of
the first part will receive the consideration for this conveyance and will hold the right to receive such consid-
eration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply
the same first to the payment of the cost of the improvement before using any part of the total of the same for
any other purpose.
The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires.
IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above
written.
.FAIRWAY FARMS INC.
IN PRESENCE OF:
V t
LorpPhilp L. Babcock, Pres.
REG 0 R D E DrLEST=R M. AI SERTSON
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