HomeMy WebLinkAboutL 11126 P 83 Form 8002* —Bargain end,Bele Deed,with Covenant against Grantor's Acta—Individual or Corporation. (single sheet)
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11126PC083
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THIS INDENTURE,made the day of nineteen hundred and
14th August ninety
/(• BETWEEN
I�10 .0
d Herbert R. Mandel and Richard Israel, d/b/a DBM Co. , a New York
�T partnership with principal offices at 443 Main Street, Greenport,
New York
party of the first part, and
Roger H. Clark and Colleen A. Clark A/, s
87 Beach Road
Greenport, NY 11944 LOT
GR�?p1CT SECTION BLOCK
EL EV
party of the second part, w i ITI>I��TI I t✓ 1 LJJ 1 ® n c
WITNESSETH,that the pa y of the first�a?t, inconsideration ot7fen Dollars and bier valuable cons ration
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
Town of Southold, County of Suffolk and State of New York, known
and designated as Lot # 47 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 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 DBM Co. , the party of the first
at� part, to the Village of Greenport.
UZI
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
County 5/9/90 in Liber 11064 page 193 .
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TAX MAP
DESIGNATION
Dist. / 0 C 0 d
; TOGETHER with the appurtenances
Ser. 0 53-,Od 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
talk. 6 6-O p the party of the second part forever.
Lot(s): 015.05
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 Jt,aw, '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 haying the cost of the improvement and will apply
the same first to the payment of the cost of the improvement before using any paFt 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�y and year first above
written.
` DBM/97./7�
IN PRESENCE n[rril!I Il
-
EDWARD P.ROMAINE
� an,
AUG 24 199(1 CLERK OFF SUFFOLK COUNTY
iFrz
b r AU6 Z4 IyIW DBM CO.
06 TRANSFER TAX
SUFFOLK BY: zJJ
COUNIY Richard Israel