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HomeMy WebLinkAboutL 8926 P 197 CW45ULT YOUR LAWYER BEFORE SHGHINC THIS IN$TR,MEItT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 3. 9 � THIS INDENTURE, made the 1st . day of :December , nineteen hundred and eighty BETWEEN MONROE FINK and PATRICIA H. FINK, his wife, residing at f5 22 Meadow Zane, Glen Head, New York, n 16 o c SECTION BLOCK LCT p151'Fi1C'f v�(J` EJ CD Co CER .IET2 21 26 X f f party of the first part, and DONALD WALSH and PHYLLIS C. WALSH, his wife, residing at 186 Wetherill Road, Garden City, New York, RECEIVED- 13377 ECEIVE -x,3377 REAL ESTATE DEC 980yV 1 ja party of the second park, SLltr ti "- i$?€' YdESSE'f"rl,.that the party of the first part; in consideration of ° ` f y — `' TEN and oo/100 ($10,00) ------------------------------------- do1'ars, F.� y f lawful money of the tinted States, 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, sinsate, lying and being in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 48, on a certain map entitled, "Map of Terry Waters at Bayview" , and filed in the Office of the Clerk of the County of Suffolk on December 29, 1958, as Map No. 2901 . COVENANTS AND RESTRICTIONS IN DEED: From Helen G. Cochran to Anthony E. Tamburrino, dated 11/8/1963 and recorded 12/3 !1963 in Liber 5460 cp 249. TOGETHER with an easement for ingress and egress and public utilities over and upon Watersedge Way, Longview Lane, and Rambler Road for their entire distance as shown and laid out, 50 feet wide throughout, on said above mentioned filed map. .RESERVING however, to the party of the first part the title to the land in said roads and the right to herself, her grantees and successors in interest, to dedicate said roads as public roads, and to grant easements therein for the construction and maintenance of public utilities_ Reserving also to the party of the first part the right to change the location of said Rambler Road in any reason- able manner. TOGETHER with the right to use in common with other lot owners the area known as Lot No. 8 and the area adjoining next southerly thereto to the extent of 80 feet more or less, of the northerlv 80 feet of that parcel designated on said filed map as "Community Park and Beach (residents only) . " TOGETHER with the right to use in common with other lot owners (said right being only for the benefit of the above described premises) for bathing and recreational purposes, the southerly r9 ; 300 feet, more or less , of the parcel designated on the above mentioned filed map as "Community park and Beach (residents only) " . t. Reserving, however to the seller the right to change the location of the northerly boundary of said part thereto above mentioned, so as to either reduce or enlarge said recreation, area; n ;; F 0 r', G L � n1PTM,1R L f"EL(CE SUBJECT to the restrictions set forth in a declaration made and recorded by seller on 9,/8./1958 in Suffolk County Clerk' s Office in Liber 4508 cp 380. SUBJECT further to rules, regulations and charges which may be adopted from time to time, by the lot owners association which is to be organized by the seller for the purpose of the care, maintenance and repair of the roads, basins , canals, and the parcel designated "Community Park and Beach (residents only) " BEING AND ,INTENDED TO BE the same premises described in Liber 7522 of Deeds at page 490. SUBJECT to a mortgage dated February 26, 1973 in the original amount of $22,500.00 and a mortgage dated October 31, 1973 in the sum of $9; 100 .00; both given by the Southold Savings Bank. The second mortgage was consolidated with the first mortgage to form a single lxen o£ $31,600.00 on which there is due at this time a principal balance of $28,045 .03 . F ART SJR J. FELICE r ,..P