EXHIBIT 99.2
T 691 - Standard N.Y.B.T.U. Form 8002: Bargain & sale deed,
with covenant against grantor's act - Ind. or Corp.: single sheet, 11-98
DISTRIBUTED BY BLUMBERGExcelsior, Inc.,
NYC 10013
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT - THIS INSTRUMENT SHOULD BE
USED BY LAWYERS ONLY
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THIS INDENTURE, made on October 27, 2003
BETWEEN Property Control, Inc., a New York corporation, having an address at
00-00 00xx Xxxxxx, Xxxx Xxxxxx Xxxx, Xxx Xxxx, 00000,
party of the first part,
and 00-00 00xx Xxxxxx Company LLC, a Delaware limited liability company, having
an address c/o Blackacre Capital, 000 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000,
Attention: Xx. Xxxxxx Xxxxxxx,
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 First Xxxx of the
Borough and County of Queens, City and State of New York, bounded and described
as follows:
BEGINNING at a point on the southerly side of 47th Avenue, distant 225 feet
easterly from the corner formed by the intersection of the southerly side of
47th Avenue and the easterly side of 11th Street, prior to the widening thereof,
said point also being 185 feet easterly from the present intersection of said
Avenue and Street;
RUNNING THENCE easterly along the southerly side of 47th Avenue, 150.00 feet;
THENCE southerly at right angles to the preceding course, 58 feet 3-1/4 inches;
THENCE southeasterly at right angles to the northerly side of Xxxxxxx Avenue, 58
feet 3-1/4 inches to the northerly side of Xxxxxxx Avenue;
THENCE southwesterly along the northerly side of Xxxxxxx Avenue, 75 feet;
THENCE northwesterly at right angles to the northerly side of Xxxxxxx Avenue, 92
feet 2 inches;
THENCE westerly on a line forming an interior angle of 114 degrees 18 seconds
57.6 minutes, 27 feet 5 inches;
THENCE northerly at right angles to the next course, 3 feet 5-1/2 inches;
THENCE westerly at right angles to the next course, 50.00 feet;
THENCE northerly at right angles to the southerly side of 47th Avenue, 100 feet
to the southerly side of 47th Avenue, the point or place of BEGINNING.
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 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 the party of the second part forever.
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 consideration 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 deed the
day and year first above written.
IN PRESENCE OF:
---------------------------------- PROPERTY CONTROL, INC.,
a New York corporation
By:
----------------------------
Name:
Title:
ACKNOWLEDGEMENT IN NEW YORK STATE (RPL 309-A)
STATE OF NEW YORK, COUNTY OF SS.:
On before me, the undersigned, personally appeared
personally known to me or proved to me on the basis of satisfactory evidence to
be the individual(s) whose name(s) is (are) subscribed to the within instrument
and acknowledged to me that he/she/they executed the same in his/her/their
capacity(ies), and that by his/her/their signature(s) on the instrument, the
individual(s), or the person upon behalf of which the individual(s) acted,
executed the instrument.
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(signature and office of individual taking acknowledgement)
ACKNOWLEDGEMENT OUTSIDE NEW YORK STATE (RPL 309-B)
STATE OF COUNTY OF SS.:
On before me, the undersigned, personally appeared
personally known to me or proved to me on the basis of satisfactory evidence to
be the individual(s) whose name(s) is (are) subscribed to the within instrument
and acknowledged to me that he/she/they executed the same in his/her/their
capacity(ies), and that by his/her/their signature(s) on the instrument, the
individual(s), or the person upon behalf of which the individual(s) acted,
executed the instrument, and that such individual made such appearance before
the undersigned in
(insert city or political subdivision and state or country or other place
acknowledgment taken)
-----------------------------------------------------------
(signature and office of individual taking acknowledgement)
ACKNOWLEDGEMENT BY SUBSCRIBING WITNESS(ES)
)
STATE OF } SS.:
COUNTY OF )
On before me, the undersigned, personally appeared
the subscribing witness(es) to the foregoing instrument, with whom I am
personally acquainted, who, being by me duly sworn, did depose and say that
he/she/they reside(s) in (if the place of residence is in a city, include the
street and street number, if any, thereof);
that he/she/they know(s)
to be the individual(s) described in and who executed the foregoing instrument;
that said subscribing witness(es) was (were) present and saw said
execute the same; and that said witness(es) at the same time subscribed
his/her/their name(s) as a witness(es) thereto. ( if taken outside New York
State insert city or political subdivision and state or country or other place
acknowledgement taken And that said subscribing witness(es) made such appearance
before the undersigned in
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(signature and office of individual taking acknowledgment)
XXXXXXX AND SALE DEED
WITH COVENANT AGAINST XXXXXXX'S ACTS
TITLE NO.
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PROPERTY CONTROL, INC.
TO
11-30 47TH AVENUE, LLC
SECTION
BLOCK 57
LOT 5
COUNTY OR TOWN QUEENS
RETURN BY MAIL TO:
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Xxxxxxxx Xxxx LLP
One Chase Manhattan Plaza, 00xx Xxxxx
Xxx Xxxx, Xxx Xxxx 00000
Attention: Xxxxxx Xxxxx, Esq.
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RESERVE THIS SPACE FOR USE OF RECORDING OFFICE.
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