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Standard N.Y.B.T.U. Fri.8002— —Bargain and Sale Decd. with Covenants against Grantors Acts—Individual or Corporation. (single sheet)
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
THIS INDENTURE, made the 22j, day of June nineteen hundied and seventy-four
BETWEEN
ANN V. VAIL, residing at Peekskill Hollow Road, Route 1,
'GC, Putnam Valley, New York,
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party of the first part,and ROBERT PANARO andJUSTINE PANARO, his wife, both
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residing at 555 Park Avenue, Tipper Montclair, New Jersey,
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party of the second part,
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, t
OALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
co lying and being in the Village of Orient, Town of Southold, County of Suffolk and State
C-) of New York, bounded and described as follows:
BEGINNING at a point on the westerly side of King Street distant
805, 26 feet northerly from the intersection of the westerly side of King Street
h and the Northerly side of Douglass Street;
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RUNNING THENCE South 73 degrees 57 minutes 30 seconds West
\� along land of Douglas Latham, formerly Douglass, 244. 22 feet to land of Douglass;
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4 RUNNING THENCE North 10 degrees 23 minutes 50 seconds West
along said land 60. 50 feet to land of V. Latham, formerly Dearborn;
THENCE North 75 degrees 17 minutes 00 seconds East along said
land 213, 75 feet to the westerly side of King Street;
THENCE South 40 degrees 00minutes 10 seconds East along the
westerly side of King Street 60. 50 feet to the Point or Place of BEGINNING.
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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.
— IN PRESENCE OF:
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LESTLR M Al_!)0'T5'T7 ...
RECORDED _ Clerk of folk ,
JUN 27 1974