HomeMy WebLinkAboutL 11557 P 565 IIT
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Standard N.Y.B.T.U.Form 8007 Bargain and Sale Deed,with Covenant against Grantor's Actr—Individual or Corporation.
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CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
11557b565
THIS INDE.NI'URE, made the day of � , nineteen hundred and 9oZ
BETWEEN CAMELIA SPITALIERE
9 Noel Place
Smithtown, New York 11787
party of the first part, and SHELBY BLEIFELD
9 Regal Court
St. James, New York 11780 ^- -•�••--•
RE(;+_IVE-D
REAL. f_ST YE
OCT 2Q 19g2
IRI�f�Sf F:R T�IX
1a
SUrf-OI_K
party of the second part, C 0 I_l('�FY
WITNESSETH, that the party of the first part, in consideration of Ten
p 11) dollars,.
lawful money of the United States, paid
by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or
Nil successors and assigns of the party of the second part forever,
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erect d,-situate,
lying and being in the Town of Southold, County of Suffolk and State of
New York, known and designated as Lot numbered 43 on a certain map
entitled "Subdivision map of Cedar Beach Park situate at Bayview,
b,'(y Town of Southold, New York, made by Otto W. Van Tuyl, Professional
i,.. Engineer and Surveyor, Greenport, New York" and filed in the Office of
• �'. the Clerk of the County of Suffolk as Map No. 90 .
4 Wrists
;
�a( �.• The Grantee or any subsequent owner of the property being conveyed
tr`" herein agrees not to build any dwelling on the subject property for
period of seven (7) years from the date hereof xHereinafter referred
'
That notwithstanding the
. .District to as "Grantee") '
1000 foregoing, Grantee may erect a tennis court, swimming pool, pool decks
or walkways at any time during said period. In addition to the
Section foregoing, Grantee may erect a gazebo on the subject premises at any
090 . 00 time after two (2) years from the date of the actual closing of title
to the premises being conveyed herein. • build or erecta dwelling
Block In the event Grantee should wish to develop,
, : 04. 00 or make any other improvements to the subject property, other than
that which is set forth above and within the time frames set forth
Lot above, then and in that event, Grantee shall first offer such property
018. 000 to the owner of the adjoinging parcel, to wit: District; 1000; Section
090. 00; Block 04. 00 and Lot 014 . 000, at a price set forth as described
below.
Upon the occurrence of Grantee wishing to erect a dwelling as set forth
above, or in the event Grantee desires to sell the subject propert
within seven (7) years of the date hereof, Grantee
shall first offer the subject property to the then owner of the
adjoining parcel, District 1000; Section 090. 00; Block 04. 00 and of
014. 000 at a purchase price equal to One Hundred Forty Thousand
h '�(-$-1-40,.Q,O.0. 00)-Dollars, -to-be--inc,
reased by five (5%) percent compounded
r 7'I
' I ';�� azlnudp $aCryear; after the...date of actual closing of title of th
__-
,._' . .._ owner will notify
EDW P.ROMOE
Y ],ise, its option by no
OL
C OCT 20OOL toti£ication If no
/{ ^4'`Iri''4''''``'`M ` 'lly'1 -ci.on 18' received ,,byh,Grante,e ,at the end of the aforesaid
fifteen (15) days, the option as contained herein shall become null
and void. In the event of the exercise of the option, closing will
take place thirty (30) days from the date of notification of the with
exercise of the option, at the price Sot forth herein, all cash,