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Vesting Deed 3575-32 WARREN COUNTY PAMELA J.VOOEL COUNTY CLERK Lake George, NY 12840CLIMENTOW 00005017 V OL.UME 2 3575 PAGES 32 Go 17 Instrument Number. 2008.00005017 As Recorded On: June 19,2008 Deed Commercial Parties: CREST NET LEASE INC To J S T T5AI INC Billable Pages: 5 Recorded By: MOUNTAIN ABSTRACT Num Of Pages: B Comment: 'H Examined and Charged as Follows: Deed Commerdal 40.00 Cover Page 5.00 RP-5217 Commercial 185.00 TP-584 5.00 Recording Charge: 215.00 Consideration Amflund Amount RS#!C5# Transfer Tax 5,210,00 1,302,17$.00 TT2524 Basic 0,00 4UEENS$URY Special Addillonal 0.00 Additional 0.00 Transfer 5,210.00 Tax Charge: 5,210.00 RECffKO County Clerks Office Jun W4018 12115P Faerele J. Vsnel Warren Cow ty Clerk '*THIS PAGE 1S PART OF THE INSTRUMENT** I hereby certify that the within and foregoing was recorded In the Clerk's Office For: WARREN COUNTY,NY File Information: Record and Return To: Document Number: 2008-00005017 PJ WHITWORTH#330742 Receipt Number. 77740 FIRST AMERICAN TITLE INSURANCE CO Recorded DatelTime: June 19, 2008 1216:56P 24 GREENWAY PLAZA SUITE 850 Book-Vol/Pg: Bk-RP VI-3575 Pg-32 HOUSTON TX 77048 Cashier 1 Station. C Steves 1 Cash Station 3 DOCUMENT* 000o5017 VOLUME 3'�7 PAGES 33 1 ► to BARGAIN AND SALE DEED dated May 200$ from CREST NET LEASE, INC. Grantor to J&T TSAI,INC.,A NEW YORK CORPORATION Grantee CJ n] Section: 302.7 Block: 1 Lot: 28 County: Warren Please record and return to.- After o:After Recording Ratuto: PJ Whitworth# First American Title ins.Co. 24 Greenway Plaza,Suite ON Houston,TX 77046 DOCUMENT* 00005017 VOLUMES 3575 PAGED 34 Bargain and Sale Deed For the consideration of Ten Dollars($10.00),and other valuable considerations,CREST NET LEASE,INC.,a Delaware corporation("Grantor"),whose address is 600 La Terraza Blvd., Escondido,CA 92025, does hereby convey to J&T TSAI,INC.,a New York corporation ("Grantee")having an address at Post Office Box 444,Raritan,NJ 08869, the real property situated at 682 Glen Street in Warren County,New York described as Parcel No. 302.7-1-28 on Exhibit A attached hereto and trade a part hereof. TOGETHER WITH: any and all rights, bonefits, privileges, easements, tenements, hereditaments, rights-of-way and other appurtenances thereon or in any way appertaining thereto; SUBJECT ONLY TO: (i)real estate tastes and assessments which are a lien but not yet due and payable, (ii)building and zoning laws, ordinances and regulations, (iii)public streets and rights of way and (iv)easements, rights-of-way covenants, restrictions, reservations, and conditions of record. And the Grantor hereby binds itself and its successors to warrant and defend the title against all acts of the Grantor herein,and no other, subject to the matters set forth.. That the Grantor will, in dompliance with Section 13 of the Lien Law, receive the advances secured hereby and will hold the right to receive such advances as a trust fund to be applied first for the purposes of paying the cost of the improvement and will apply the same first to the payment of the cost of improvement before using any part of the total of the same for any other purpose. (Signature Page to Follow] DOCUMENTO 00005017 VOLUNE G 3575 PAGE s 35 IN WITNESS WHEREOF,Grantor has duty executed this deed as of the 9� day of May,2008. CREST NET LEASE, INC. A Delaware corporation By: J. Wenthur,President and COO UNIFORM FORM CERTIFICATE OF ACKNOWLEDGMENT (Outside of New York State) STATE OF CALIFORNIA § § SS. COUNTY OF SAN DIEGO § On May y 2008 before me,personally appeared Cary J. Wenthur,proven tome to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacities,and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument and that such individual made such appearance before the undersigned in Escondido,CA. WITNESS my hand and official seal. Signature Notao Public CAMVN 01040. Camowbn#173"" � No DOCUMENT* 040050 .7 VOLUKE a 3575 PAGE 9 EXMIT A LEGAL DESCRIMON Friendly's 4183 682 Glen Street Glens Falls,NY 12801 ALL THAT CERTAIN PLOT, PIECE OR PARCEL OF LAND, situate, lying and being in the Town of Queensbury, County of Warren and State of New York, bounded and described as follows: U.S. Route d marker set in the easterly bounds of a Beginning at a copper-wel situate distance of 214 S also known as upper Glen Street and which said marker is feet an a course of N 39 deg. 27 min. West from the southwesterly corner of the lands of Gulf Oil Corporation; running thence from place of beginning N. 40 deg. 19 min. West along the easterly bounds of Route #9 for a distance of 136.25 feet to an iron pipe set in the southerly line of Glendale Drive and which said last mentioned pipe is situate at a distance of 172.20 feet southerly measured along the National Bank rly ank and Tds of Route #9 rust Company; from the southwesterly corner of lands of Glens Falls Nal thence N. 49 deg. 26 min. East along the southerly lime of Glendale Drive for a distance of 399.60 feet to an iron pipe; thence S. 40 deg. 25 min. East along the westerly line of lands now or formerly of S.O. Turner and crossing Half-way Brook for a distance of 148.25 feet; thence S. 51 deg. 09 min. West and along the northerly line of lands now or Oil Corporation for a distance of 400 feet to the formerly of A.C. Warner and lands Gulf point and place of beginning. en by Excepting and reserving therefrom premises described in Warranty NovemberDeed Deed and Friendly Ice Cream Corporation to George Pfeiffer dated recorded December 29, 1957 in the Warren County Clerk's Office in Book 490 of Deeds at Page 97. Also excepting and reserving therefrom premises appropriated by the State of New York by Appropriation dated May 6, 1968 and recorded in the Warren County Clerk's Office on May 6, 1968 in Book.493 of Deeds at page 459. Said premises are alternatively described as follows: ALL THAT TRACT OR PARCEL OF LAND situated in the Town of Queensbury, County of Warren,State of New York,being more particularly described as follows: COMNMNCING at a point in the forger northerly right-of-way line of Upper Glen Street(U.S.Route 9,a variable-width public right-of-way, ight- f ed to the 80' i O)and l the southwesterly corner of a parcel now or y conveyed Corporation; DOCU"ENTO 000050 .7 VOLUMES 3575 PAGE= 37 THENCE North 39° 27' 00" West a distance of 214.50 feet along the former northerly right-of--way line(80'width)of said Upper Glen Street to a point; THENCE North wa 4i'eof said Upper Glen Street0" East a distance of and the9 feet to a Point on POINT OF BEGINNING IG northerly right-of-way for the parcel being described; THENCE North 340 53' 34" West a distance of 98.00 feet along the northerly right-of- way line of said Upper Glen Street to a point; THENCE North 09° 40' 47" West a distance of 45,72 feet along the northerly right-of- way line of said Upper Glen Street to a point in the easterly right-of-way line of Glendale Drive(variable-width public right-of-way); THENCE North 49° 26' 00" East a distance of 212.60 feet along the northerly right-of- way line of said Upper Glen Street to a point; THENCE South 400 26' 18" East a distance of 143.85 feet along the southerly line of a parcel conveyed to Meta Murray to a point; THENCE North 51° 09' 00" West a distance of 246.00 feet along the westerly line of a parcel conveyed to the Town of Queensbury and a parcel conveyed to Enterprise Car Rentals in Deed Book 1331,Page 108 to the POINT OF BEGINNING,