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HomeMy WebLinkAboutL 8976 P 490 4 Snndazd N.Y.6.T.U.Form 8002'12'79-TOM-Sugam and Sale Deed.with Covenant against Grantoi s Acts-Individual or Corporatiou..(single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS/HSTRUMEN -'THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. s 233€6 { 6976PAGE4 THIS DwENTtuw,made the 12 th day of March , nineteen hundred and a igh=ty i one, BETWEEN ALEXANDER A. MATTED, JR. and HERMINE MATTED, his wife, both . residing at 300 Theresa Drive, Mattituek, -New York 11952, party of the first part, and PHILIP LORIA and H. HEATHER LORIA, his wife, both :residing at 25 Bray Avenue, Mattituck, New York 11952, DiSTRIC'T SECTION BLOCKLOT 03 party of the second i2'- t7 WITNES,SE?H,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, 1yi„g rg at Mattituck, in the-town of Southold, County of Suffolk and State of New York, known and designated as Lot 14 on, a certain map entitled "Deep Hole C.veek Estates" filed in the Office of the Clerk of the County of Suffolk on January 28, 1965 as Map No. 4256. The grantors herein are the same persons as the grantees in Deed dated September 3, 1976 recorded September 13;--1976 in Liber 8103 cp 415. This conveyance is made and accepted' subject to an indebtedness secured by a mortgage upon said premises made by Alexander A. Matteo, Jr. and Hermine Matteo, his wife, to Dorman & Wilson Inc. , :dated 9/3/76 recorded 9/13/76 in Liber 7707 Imp 573 for $40,000.00 on which a $335.00 mortgage tax was paid and held of record by Metropolitan Life Insurance Company by Assignment dated 9/3/76 recorded 9/13/76 in Liber 7708 mp 23, on which there is an unpaid principal of Forty Four Thousand Five '�` si✓ Hundred Thirty Two and 87./100: ($44,532.81) Dollars with interest from March 1, 1981, at the rate of seven and one-quarter (7.25%) percent per annum and �6ha Party 04,. tha_,sa can �✓� 1 5—Y05. TAX MAP DESIGNATION Dist. 1000 TOGETHER with all light, title and interest, if any, of the party of the first part in and in any.streets and roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances Sec. 11500 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 Blk_ 1300 the party of the second part forever. L ($1318000 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 party4tf the first part, in compliance with Section 13 of the Lien Law,covenants that the party of the first part w rive the consideration for this conveyance and will hold the right to receive such consid- eration as a trust fund to be'appliedIrst for the purpose of paying the cost of the improvement and will apply `1 the same first to the payrhent of the`cost of the improvement before using any part of the total off the same for y y purpose.` The word "part -shall be construed as if it read"parties„ whenever the sense of this indenture so requires. IN WPTNESS VMERWF,the party of the first part has duly executed this deed the day and year first above written. . IN PRESENCE ORS `i ALEXANDER A. MATTED A., 4� p �+ MAR 2© 1981 ARTHUR i. FELICE f#' R C. County _