HomeMy WebLinkAboutL 7014 P 25 70a
Standard N.V.B.TG. Form 8W7-10M11G4 Bargain and Sale Deal, with Covenant ageinst Grantors Ons—Individual or C
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" I CONSULT YOUR LAWER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD RR USED RY LA RSPA LY
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�I THIS INDENTURE,made the day of c�z� , nineteen hundred and Seventy-One
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I BETWEEN
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WOODHOLLOW PROPERTIES INC. , a domestic corporation having its
offices at 8243 Jericho Turnpike, Woodbury, New York
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party of the first part,and
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JOHN KARJAM, residing at 30 Maple Street, Malverne, New York
IIparty of the second part,
WITNESSETH, that the party of the first part,in consideration of Ten-----
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dollars,
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Ij lawful money of the United States, paid
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11 by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or
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`il 1 1 successors and assigns of the party of the second part forever,
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- i ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
lying and being inXim at Orient , in the Town of Southold, County of Suffolk and State
( ; of New York, known and designated as Plot No. 118, on a certain map entitled
Z. ''Map of Orient-By-The-Sea , Section Two, situate at Orient Point, Town of
Southold, Suffolk County, New York, owned and developed by Woodhollow, Properti4s ,
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Inc. , #3 Glen Lane, Glenwood Landing,New York, Otto W. Van Tuyl and Son, Licensed
Land Surveyors , Greenport , New York" and filed in the office of the clerk of the
County of Suffolk on October 26,. 1961 ,`as Map No. 3444 and ABS No. 3840.
TOGETHER with a right of way over all streets as shown on maps of Orient-By-The-
Sea, Sections One and Two, Maps No. 2777 and 3444 as filed in the office of the
�I Suffolk County Clerk.
Z Said premises are sold subject to:
1 . Declaration of Covenants and Restrictions dated November 15, 1961 , under
c Liber No. 5053, Page No. 219, filed in the office of the County Clerk,
o~etoj Suffolk County on November 17, 1961 .
ccY li 2. Said premises are sold subject to a first mortgage held by the North Fork
Q Bank and Trust Co. , with a principal balance due of $33,800,00.
ii 3. That said premises are subject to a lien of the second mortgage with a
o II principal balance of $6,090,00.
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vl—i w The party of the second part is informed and hereby acknowledges notice that
the party of the first part contemplates developing premises retained by the party
iof the first part and fronting on and along Main Road to a depth of not less than 200
feet nor more than 400 feet for business uses and purposes , and the party of the
second part, by the acceptance of'the Heed hereunder covenants and agrees for
themselves, their successors , and assigns , that they have no objection thereof, and
further covenants and agrees to execute and acknowledge any and all instruments
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deemed necessary by the party of the first part in furtherance of and to effectuate
i such development.
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The conveyance Is made in the regular course of business ordinarily and actually
O conducted by the grantor corporation.
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