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HomeMy WebLinkAboutL 11135 P 346 with Covenevt a civet Grantor's Acta-1vdlvldual or Corporation. (single sheet) .. Form 8002- —nargain and Sale Deed, g CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 1113SK34 ,y ' THIS INDENTURE,made the day of nineteen hundred and �4 ,( BETWEEN 20th August ninety 01 Herbert R. Mandel and Richard Israel, (/b/a DBM Co. , a New York partners th princ offices a 43 Main Street, Greenport, DIS p Yor S CIN F70 �} �K ��' FTM Darty of the fif$part, and 17 21 20 „ ...F f Richard Quarty and Jennifer Combs—Quarty y SEP 1'" 1900 P.O. Box 269, 860 North Bayview Road 409 Southold, NY 11971 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, with the buildings and improvements thereon erected, situate, lying and being in the SEF SCH(LDULF, A NTrfdcW Town o Southo d Cou ty of Su olk an State f Ne York, known andg�p esi ated aik Lot A 19 C cert map titl "Ma of Hi h hint keadows ectio Two" whi map as file in t Suff lk County dlerk'S.Offic�on 3/IV1990 a Map No\ 8911. Subject to the following covenant and restriction which shall run with the land to be binding upon the land, the heirs, successors, and assigns of both the party of the first part and the party of the second part: the party of the first part or assigns shall be reimbursed the sum of $2 , 570. 00 by the party of the second part, or their successors and assigns at the time the Town of Southold issues a building permit for the construction of a single family residence on the property conveyed herein. This sum of money constitutes reimbursement for that portion of the "consumer hook- up deposit per dwelling unit" which has been advanced on behalf of the party of the second part by DSM Co. , the party of the first _.ofo part, to the Village of Greenport. Any lien created hereby shall be subjet l✓ and subordinate to any first mortgage lien placed upon the premises. Being and intended to be a portion of the premises conveyed by deed dated 4/24/90 and recorded in the Office of the Clerk of Suffolk ��'a�# ; County 5/9/90 in Liber 11064 page 193. o. a TAX MAP DESIGNATION Dm. l C 30 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 Sar. OSSO� 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 BIk.()V OD the party of the second part forever. fotcsl© �5oa 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 deeXNan ay and year first above written. /� IN PRESENCE OF: DB%2O 00 nv. I n 1I� RECORDED ��O R y� E SEP 12 1990 f COUN f Y e l CdP� 4V• BY: Richard Israel Ath� 5PL348 sCt'�Du�e .. ALL in plot, piece or parcel of land situate, lying and being in the Town of Southold, County of Suffolk and State of New York, known and designated as lot #19 on a certain map entitled, "Map of Highpoint Meadows, Section Two" which map was filed in the Suffolk County Clerk's Office on 3/19/1990 as Map No. 8911, said lot being bounded and described as follows: BEGINNING at a point on the westerly side of Tuthill Road Extension where same is intersected by the division line between Lots 18 and 19 on aforesaid map; WNNING THENCE South 74 degrees 34 minutes 20 seconds West along said division line 165.00 feet to a point; THENCE North 45 degrees 10 minutes 22 seconds West 120.93 feet to a point; THENCE North 74 degrees 34 minutes 20 seconds East 225.00 feet to the westerly side of Tuthill Road Extension; THENCE South 15 degrees 25 minutes 40 seconds East along the westerly side of Tuthill Road Extension 105.00 feet to the point or place of BEGINNING. Ly ti Q_ rJ 0. 3s: TICOR TITLE GUARANTEE I TICOR TITLE INSURANCE R E C O R D S SEP 12 1990 aF,%(;�',,F COUNNY