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HomeMy WebLinkAboutL 9063 P 51 �fu 7 s LI6E�`��1i1cSPIGE l u V Si.m Lrd \1Ha.G. Form MaY2-20MSale rkal,xiiA fnvemms agaimt f.rammY \s(n—Indo iAual m Cm pw.n'wn. i.mgla sArer) SS CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY THIS INDENTURE, made the 31st day of August nineteen hundred and eighty—one j BETWEEN 03596 FRANK MARINO and CAROL MARINO, his wife, both residing at 1750 Gillette Drive, East Marion, New York party of the first part, and WILLIAM L. SCHWAB and ELEANOR R. SCHWAB, his wife, both residing at 129 Circle Drive, Manhasset, New York L r%T party of the second part, !!� `J�'' �,,3t "•� i�1 WITNESSETH, that the-�arty�Y"t75t}fir t'pacojSns�, ''ttoplof ten dollars and'-Ather valuable consideration i paid by the party of the second part, doe 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 iaxlmc at East Marion, Town of Southold, County of Suffolk DISTRICT and State of New York, known and designated as plot no. 16 on a 1000 certain map entitled, "Map of Marion Manor, situated at East Marion, Town of Southold, Suffolk County, New York, surveyed November 25, SECTION 1952, by Otto W. VanTuyl and Son, Licensed surveyors in Greenport, 038. 00 New York, owned and developed by Peter Blank & Son, East Williston, Long Island, New York," and filed in the office of the Clerk of the BLOCK County of Suffolk on March 18, 1953, as Map No, 2038. 02. 00 BEING and intended to be the same premises conveyed to the party of LOT the first part by deed from Carol Marino, formerly Carol Sammon, 018. 000 dated September 9, 1975 and recorded in the Suffolk County Clerk' s Office on October 7, 1975 in Liber 7922 page 12. The conveyance hereunder is subject to a certain mortgage executed by Carol Sammon, as mortgagor, to Southold Savings Bank, as mortgagee, which mortgage is dated July 2, 1974, and was recorded on July 17, 1974, in the Office of the Clerk of the County of Suffolk in mortgage Liber 7120 page 426, and on which mortgage there is now due the stun of $ .24, f`% f/ with interest thereon at the rate of T/z 7o�' per annum from 4"1-it �� /Jla� , and that the grantee assumes and covenants to pay such mortgage debt and interest as part of the consideration for this conveyance. RECEIVE? $--------- 5- ----- REAL ESTATE 03596 SEP 2 1981 Thai ySFER 1 AX SUFFOLK COUivTY 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 heirsorsuccessors 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,part of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of the'�ir'st pall, i�I recI:Ne'the consideration for this conveyarice and will hold the right to receive such consid- cra�oti as a rt'rUSt f61&i6be applied first for thepurpose of paying the cost of the improvement and will apply L t le sand (lrst fo'the pa�rrierif of the cost of the improvement before using any part of the total of the same for any other leo?ads . t;'a The word "party" shall be construed as if it read "patties" 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. IN PRESENCE OF: FrdrA Mano t Car1l Marino G Eleanor R. Schwan i iam- L_ . r 2 tyDl ARTHUR J. FELIGE ti"' RFC (l R F sEP rlr:rk of Suffolk ftt:nly