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HomeMy WebLinkAboutL 11126 P 73 • Form 8002" —Hergnin and Sal,Decd,with Covenant against Grantor's Acts Individual or Corporation. (single sheet) I C CONSULT YOUR LAWYER BEFORE! SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 11126H073 8 ,x9t) -�0s1 - y2, THIS INDENTURE. da of nineteen hundred and made the 14th y August ninety BETWEEN �—1 Herbert R. Mandel and Richard Israel, d/b/a DBM Co. , a New York 10-6,00 partnership with principal offices at 443 Main Street, Greenport, New York LOT DISTRICT SECTION BLOCK party of the first part, and 01 1 M = L1J_M ti 12 ly 21 Kenneth B. Meklenburg and Linda M. Meklenburg, his wife Leslies Road Peconic, NY party of the second part, paWITNESid by h party that of the second of the first s hereby grant and in trelease untion of Teno party of the second part, rs and other valuable therheirs 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 Town of Southold, County of Suffolk and State of New York, known and designated as Lot # 42 on a certain map entitled, "Map of Highpoint Meadows, Section Three" which map was filed in the Suffolk County Clerk's Office on 3/19/1990 as Map No. 8912 . 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 "he property conveyed herein. This sum of money constitutes reretbursement 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 DBM Co. , the party of the first part, to the village of Greenport. 41�;-Y°"G•a�• Being and intended to be a portion of the premises conveyed by deed a „adated 4/24/90 and recorded in the Office of the Clerk of Suffolk If County 5/9/90 in Liber 11064 page 193 . TAX MAP DESIGNATION •' d Dig. /ood � �hftetesk, if ann 8i 1h • TOGETHER with the appurtenances rQ-,,Ic ,hutting the Ser. Q575- ad 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. (,Od the party of the second part forever. Lnl(s):U/S.aV 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 Llen Law,,covenants that the party of the first part-will receive the consideration for this conveyance and will hold the c1ght to receive such consid- eration as a;trusGfund to be applied first for the purpose of payfng,the„cosl,4f:,{.I, improvement and will apply the same first:Io 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� and year first above written. N��1 DBM . _ r 'IN PRESENCE 0J1Aa___ EDWARDp.F FOLK C t _4 AUG 24 1990 �� p�+, 0� ""+ '� CLERK OF SUFFOLK AUNTY e DBM CO. AUG 24 1y30 TRANISI M TAX SUFFOLK BY: 'Richard Isr e3