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HomeMy WebLinkAboutL 9064 P 565 wCB2 Srar:dard N.Y.B.T U.Form 8002• Bargain and $ale IJred, with Covenanr agglnst C:iinror•s Acts.lnd;,idual or Corporadon(single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. LIe� 9n64,,GE5 5 04003 THIS INDENTURE,made the day of 6qg CeS , nineteen hundred and eighty one BETWEEN DONALD KING formerly known. as DONALD GALA IDA Rocky Point Road, East Marion, New York Dist. 1011 00 party of the first part, and N. DAVID/ROSENBERG (P .O. Box 200) Coram-Mt Sinai Road Sec: 106. 00 CORAM, NEW. YORK _ Block Si l SECTION RLOCI�; LOT 09.00 party of the second part, r 12 a i 26 Lot: WITNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration 61-3.00C paid by the party of the second part,does hereby grant and release unto-the party of the second part, theheirs or successors and assigns of the party of the second part forever, ALL that certain plot, g'ece or parcel of land, with the buildings and improvements thereon erected, situate, lyngaud being inie, Town of_ Southold, .at NFattituck, County of Suffolk,_ State ;of New York, known and designated as Lot 16 'on a certain map entitled, "Map of Jackson' s Landing", which said map was filed in the office of the Clerk of the County of Suffolk on. March 28, 1969 as Map: No. _5280.... - Being the -.same-premises as conveyed to the- Grantor and described in Liber 7621 cp. 10. SUBJECT to covenants and restrictions of record affeeting said ( premises SUBJECT to a mortgage held by the North .Fork Bank and Trust Company dated 9/28172; recorded .9129/-1972 _in Liber 6502- mp 544 in. the amount of $14,500. 00, 'whieh said mortgage the , party of 4. the second part agrees to assume and pay. . �` SUBJECT to a purchase money second mortgage made by the-party of the second part to the party of the first part in- the principal sum of Ten .Thousand. ($10,000. 60) Dollars and interest, - 0 003 _ F.-TRANSItE0 ESTATE _ s 'nsl foLKUNTaf, T04GETI-Il R 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 i and all the estate and rights of the party of the first pair in and to said premises; TO HAVE AND 7T0 J HOLD the-premises herein granted unto the party of-the-second part,the heirs or successors and assigns-of . the party of the second partforever. _ 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 cornua once and will hold-the right to-receive such consid eration as a trust fund to be applied first for the purpose df paying the cost of the improvement and will appty the same first to the payn}ent of the cost of She improvement before using any part of the total of the same for " any,other purpose. l fi The ttirord "party" shall be construed as if it read "parties"whenever-the sense of this indenture so requires, l " IN WITNESS WHEREOF the rt of the first ` 1 r party part has duly executed this deed.the day and year first above written. — — -- — IN PRESENCE OF: DONALD KINE ARTHUR h FELICE ; P F C O R D D SFP a LOA (Ink Of Sllffn[k rnlinty