HomeMy WebLinkAboutL 9054 P 27 Stacadard N.Y.S,r.u.146rm 8061*-6 76 ioM—.. i
- Release of Part' of�Mo�tgap�cd Piem+ses. �� t. l� � 4 ��'� �ti-k
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YIUOU9R LAAYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
ME
THIS INDENTURE, made the 13th da August ninern hundred and eighty-one j
BETWEEN THE NORTH FORK BANK & TRUST C a New Yorl bank Ing corpo-_q ion l�avinmg 1 LBs�+��$
principal place of business at 245 Love Lane, Mattituck, New York 11952,
party of the first part, and M. A. KELSEY PROPERTIES, INC. , a domestic corporation with office
and principal place of business at P. 0. Box 983, (no #)Main Road, Sou hold, N.Y.11971
C4STRICT LOT
PL OC K
party of,the second part; �� c la._j_j JEM
WHEREAS, the party of the first part is the holder of the followi g mortgage and 1 o the bond orote
secured thereby:'
Mortgage dated the 8th day of September 1972 , made by M. A. KELSEY PROPERTIES, IN1
'DISTRICT
1000 to THE NORTH FORK BANK & TRUST COMPANY
SECTION i;i the princil}al ruin of$ 100,000.00 i and recorded in (Liber) It > l X{ 3
140.00 6482 7SXX cT"X- of mortgages, page 279 in the office of the Clerk of.the County of
Suffolk on September 13, 1972, which mortgage was extended by AGREEMENT dated 3/21/73,
BLOCK Irecoraed 3/27Q in Liber 6677 p g 28
03.00 covering certain an s and tenements, of w nc t elands hereinafter described are part, and
WHEREAS, the party of the first part, at the request of the party of the second part, has agreed to
LOT give up and surrender the lands hereinafter described unto the party of the second part, and to hold and
pyo 042.00 retain the residue of the mortgaged lands as security for the money remaining due on said
f� mortgage
NOW THIS INDENTURE WITNESSETHi that the party of the first part, in pursuance of said agree-
ment and in consideration of FIFTEEN THOUSAND and 00/100--------------------------------
----------------------------------($15,000.00)-----------------------------Dollars,
lawful money of the United States,
paid by the party of the second part, does grant, release and quitclaim unto the party of the second part, all
that part of said mortgaged lands described as follows:ALL that certain plot, piece or parcel of land,
situate lying and being at Mattituck Town ofii� "oof Suffolk, State of
E , Y g g ' .?� nfi s.. »p
"Io
,1i� x3
r Ner York, more particularly bounded and described:as
BEGINNING at a point located on the eastern side of Love Lane distant North 31
P Y °
X19' 20" West, 181.16 feet from the intersection of the northerly side of Main Road (Stat
\ J'. Route 25) with the easterly side of Love Lane, North 310 19' 20" West, a distance of
48.70 feet to land formerly of Vera K. Lutz, now of Lois Barker; running thence 'along
said land formerly hof Lutz, now of Barker, North 69° 04' 10" East, 154.56 feet to land
" of the Mattituck Park District; running thence along said land of Mattituck Park Distric
d South 21° 28' 20" East, 21.13 feet to other land of M. A. Kelsey Properties, Inc. ;runnin
O, ! thence through other land of M.A.Kelsey Properties,Inc. , South 58° 40' 40" West, 148.41
U( feet to the point or place of BEGINNING.
TOGETHER with a right-of-way 25 feet in width over other land of M.A.Kelsey Proper-
ties, Inc. , which extends from the northerly side of Main Road (State Route 25) to the
southerly boundary of premises presently leased by M.A.Kelsey Properties, Ine. to the
United States of America (U.S.. Postal Service) , which is more particularly described as
follows:
- BEGINNING at a point located on the northerly side of Main Road (State Route 25) di
tant North 750 42' 40" East, 116.13 feet from the intersection of the easterly side of
Love Lane with the northerly side of Main Road (State Route 25) ; running thence from sai
point of beginning South 75° 42' 40" West along the northerly side of Main Road, 25.20
feet, running thence through other land of M. A. Kelsey Properties, Inc. two courses and
distances as- follows: (1) North 21° 28' 20" West, 166.85 feet; (2) North 580 40' 40"East,
25,37 feet to land of V.Stype; thence along said land of Stype South 21°28'20" East,
174.34 feet- to 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 and in and to any fixtures and articles
of personal property which are now contained in said premises and which may be covered by said mortgage.
TOGETHER with the hereditaments and appurtenances thereunto belonging, and all right, title and interest
\� of the.party of the first part, in and to the same, to the intent that the lands hereby released may be dis-
charged from said mortgage , and that the rest of the lands in said
mortgage specified may remain mortgaged to the party of the first part as heretofore.
TO HAVE AND,TO HOLD the lands and premises hereby released and quitclaimed to the party of the
second part; and to the heirs, successors and assigns of the party of the second part forever, frgefrclear and
discharged of and from all lien and claim under and by virtue of said
aforesaid. - �
IN WITNESS WHEREOF, the party of the first part has executed this aleast tint day and year first above
written: _ ti:- =Z.
THE N H FO RAIiK & fiRUST CO i
IN PRESENCE OF:
BY
Vice V \ 4
R -� Q Q, ARTHUR 1 FELICfIV
'AUG 17 1981 lrl R of Sutfolfi"Cadnr