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HomeMy WebLinkAboutL 8946 P 472�.t f WC82 Snndard N.Y.8 T U.Form 8002• - -Bargain and Sale Dted, wnh C mane agmxan G:antOr's Acis.-Indic idua!or Co:porar on(single sheer)/ CONSULT YOUR LAWYER BEFORE SIGHINPLEASE THIS iNSTRUM�ENT THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. X946 PiGE 472 l.13En THIS INDENTURE,made the � day of January , nineteen hundred and eighty—one BETWEEN FAIRWAY FARMS INC. , a domestic corporation, having its principal glace of business at (no number) Case's Lane, Cutchogue, 'Town of Southold, County of Suffolk and 'State of New York, party of the first part, and PETER R. GRIMM, residing at 19'Pettit'Court, Potomac, Maryland 20854 DlS77iCT SECTIONBLOCK LOT I garty sfattd-part, 8 1 ,T1 UPS 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 imtkv, at Cutchogue-T Town of Southold, County _of Suffolk and State of New York, known and designated as Lot No. 27 as` shown i and laid out on a certain map entitled, "Map of Fairway Farms Cutchogue, Town of Southold, County of Suffolk, New York`` and District filed in the Suffolk County Clerk's Office on 2/15/74 as 1000 Map No. 6066 Section 10900BEING AND, INTENDED TO BE a portion of ,the same premises conveyed to Block05p0the Party of the First Part herein by deed dated August 2 , 1973 Lot anal recorded in the Suffolk County Clerk's office on November 9, 1973 014,027 in Liber 7526 at page 597. SUBJECT TO the Covenants and Restrictions recorded in the Office of the Suffolk County Clerk on February 22, 1974 in Liber 7593 at page 34. THIS CONVEYANCE is made in the usual or regular course of business actually conducted by the Party of the First Part and does not constitute a conveyance of all or substantially all of its assets. THIS CONVEYANCE has been made with the unanimous consent in writing of all the stockholders of the Party of the First Part. 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 consid- eration 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. Ix P MsErtcs OF: FAIRWAY FARMS INC. Phi-lip L. Babcock, Pres. ARTHUR J. tLLlvE RF00RnFD PIAN Icl Mil Clerk of S!#ry,,: Cuualy