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HomeMy WebLinkAboutL 9011 P 364 571 -4f nti .l.� ff� 1• Bargain and Sale [lied,wuh Cirverana agmME Granfnr's Acts—Individual or C.poralion. (single shce) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY f Y�. THIS INDENTURE, made the 22nd day of May ,nineteen hundred and e�' hty one BETWEEN HENRY C. SCHERZ and MARY F. SCHERZ, his wife, both residing, at 37 Lotus Lane���W tbury, IMTYork, Ma 0 RIcT ISECTION .. 26 12 17 21 party of the first part,and ARTHUR F. DRAKE, residing at 2,53 Sagamore Hill Drive, P. O. Box 103, Port Jefferson Station, New York,11776, 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 inAhr near Peconic, Town- of Southold, County of Suffolk, State, of New York, known as and by Section 104, Block '1, Part of Lot 9 as shown on the Suffolk County Tax Map; further iden- tified as Part of Lot 124 on the' Map' of Nassau Farms,` near 'Peconic, Map number 1179 in the-Office--of the Clerk of the- Suffolk County and more particularly described as follows BEGINNING at a point on the southerly boundary of Pine Tree Road, said pgint being 514.34. feet east of the easterly lin of Bay Avenue; THENCE along said southerly boundary of Pine. Tree i Road North 630 13' 50" East 150.00 feet .to a point. marked by a 1. monument; THENCE along the lams now or - formerly of Raymond T. Grahm, South-23° 50' 00" East 222:72 feet to-:a point. an_d lands now - or formerly of Ralph W. Sterling, :said point being marked by a monu- ment; THENCE South 63013-' 50" West 150. 00 feet to a <� Point; THENCE North 230 50' 00" West, .222. 72 feet to the point or palace of BEGINNING. " Said premises being known as Pine Tree Road, Cutchogue, New York. Being and intended. to be the same premises conveyed to party of the first part by Deed dated October 15th 1976, recorded November 3rd 1976 in l,"iber 8=133 '`Page '-321 made by Louis S. . Bourguigon and Wesley Vii..' Bourguigor and. Betty; Bourguigon, his wife,--,and by Deed dated January -l7thm1977,and recorded on January 31st 197'x, in Z iber 8183, Page :204, Tila-de 'by Henry C. Scherz and Mary F. Scherz, his -Wife. A purchase money _mor tgage in, the amount -of $9, 000, Vas executed simultaneously with this:_Deed. ;and <is to be recorded, simulLtaneouslyy TOGE`IHER with all right, title and interest, if any, of the,party of the first part in and to any streets and roads abutting the above described premises to the center lines thereof; TOGETHER with the-appurtenances IYi''ff and all the estate and rights of the party of the first part in and.to said premlises; To HAVE AND TO HOLD the premises herein granted unto the party of the- second part, the heirs or successors and assigns of the party of the second part forever. AND the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said remises have been encumbered in any way whatever; excepf. as aforesaid. p AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of 1 T the first'—a5hl will receive th$ 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 paying the cost of the improvement and will apply �Q 0 d the same;first to the payment of the cast 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. 5ee- � IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above /0 written ------- IN PRESENCE OF: HENRY C. YCHERZ ' 07 ool. O o I - MAR F. SCHERZ ARTHUR 1. FELICE , D t" f r'3 17 !'l �' i f�N `� nql rl f