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HomeMy WebLinkAboutL 6142 P 434 ee _ LMEN6142 PACE4M Z TRuar INDnrsURE TRIS IDDOITUU mads the day of t""•^ 1967, by and between HAZEL TASM PSM, molding at orient, New York (haasinafter called the ^Senator^), and ftL1DYS NIILL[S, residing at 504 Nay 5th Street, Vest Islip, It �b7 Uw York (he"Inetter tilled the "Trustee"); hMYW, the Grantor is poeauved of certain maul property and eppur- town s hereinafter ant forth on SMEMIX A annexed hereto, and the Grantor desires to establish a treat upon the terms and conditions following; 'D IM. THEREFORE, this agrammar NITIRSSSTH, THAT IN CONSIDERATION of the prmaives, the autmal eovemante herein contained, and of love and affection, and v the awe of OR DOLLAR lawful aomay of the United States to each by the other of the parties hereto in held paid, at or before the oremling and delivery of r these presents, the receipt whereof to hereby acknowledged, the Grantor has granted, conveyed, assigmad, set over and dolivered, and by theme presents does giant, eonvey, assign, not over and deliver unto the Trust** heretnabove nosed, and her sueeaesors, all of the property set forth in SCHEDULe A annexed to this testament and made a part hereof, TR TRUST, NEVERTH912SS, for and upon the following eau and purposes, and an►jant to the teras, conditions, powers and agresaents herein fter at forth: I. (a) Until the deaths of HAZEL TABOR PSTN and GLADYS WILKINS (upon which deaths this trust shall esewinate) to hold the said real property, and upon the death of HAZEL TABOR PETTY to sell or rent the said Tl property and pay over to or for the benefit of,GLADTS WILKINS the Income, issue and rents, it any, adsing therefrow. so long as the Oaantei to alive and made the woe of the real property which 1• the subject matter of this trust, she shall be entitled to renin in the promises which shall not be sold. However, should ane no longer re- quire the use of the real property, or to the extent save may be vacant, the Trustee may rant or sell same, and any Income in excess of expenses arising therefrow shall be paid to or applied for the Mie fit of HAZEL TABOR PETTY. further, in the event that the property to sold, the entire principal or any part of Sr my be used for the maintenance and support of SAM TABOR PETTY. (b) Upon the termination of this trust, the Trustee shall convev, transfer and met over the rm ander of the property and env income accrued and not theretofore paid over, to JAMES R. WILKINS, M. and BRUCE T. WILKINS (the nephews of the Grantor) equally as between ;hem. If either of than shall not survive the term inaticn of the trust, then his @here @be 11 be paid over to the estate of the deceased. (c) In the event of the inability of GLADYS WIL.KiNS r, serve as Trvetee hereunder, then BRUCE T. WIL.KINS @lull be the successor trustee. In the event that he is unable to serve, then a sucrems or trustet. sh„! be nominated by NAMES R. WIiXINS, 'JR. (d) Nona of the Trustees shall be reqs tree to Aiva h, m. �.r eecurtty in any jurisdiction. r ,y x SCHEDULE[ A ALL that certain piece and parcel of land, situate, lying anti being In Orient, Town of Southold, in the County of Suffolk and State .,f New York, and being on the north side of Orchard Street and bounded as rullws: Southerly by Orchard Strut; easterly by land@ now or formerly belonging to Hattie M. Young, widow of Saeuel E. Young (now of Ed Prost); t¢,rtherly by lands now ..r forwrly belonging to Harriet P. Kfe,terly and William T. Terri (now of Kenneth Tabor); and westerly by land@ now on foreerly belonging to William W. Young, containing by astiwtion one half acre be the new, amore or less. BEING AND INTENDED to be the same premises conveyed to nk7EL TAHM PETTY, the grantor, and her husband gVEEETT C" PETTY, who died a resident of Orient, Suffolk County, on the /at day of Tu H 4- , 1953. TOGETHER with the appurtenance@ and all the estate, ane rights of the grantor in and to said preati@e@, together with all Lmprovements, fixtures and furnishings contained on @aid real property. onix A40 511c lew I Can l O TuM/�Lwl4in�.NNMvc/N//W.M. ly)/yVJ1'Lt a.wrmf.owsaWmr eM/�t�� .y . ht# ,4-nabentnre, —Made the Qf F day of June Nineteen Hundred and sixty-seven, O 4610 UM GARDNERS BAY C0.4PANY, INC. a corporation organized under the laws of the State of New York, having its principal place of business at No. 120 Rockaway Avenue, Rochoil Ze Centre, Nassau County, New York, party of the first part, and y LOUIS S. :iA XER and AGUES M. ;WG.ER, his wife, residing at East { Marion, Suffolk County, New York, A ♦ O' Y� 77�yt�� parties of the second part: l�'td" > that the party of the ttrat part, in consideration of ONE Tft'�SAND SEVETV V. ','D,7FD SEV.J✓TY-FIVE Dollar 4 :,775.00 ) lawful money of the United States, and other valuable consideration paid by the part ies of the second part, does hereby grant and release unto the parties of the. second part, their heirs and assigns forever, all those certain lots, pieces or parcels or icnd, situate, lyina and being in the Town of Southold, County of Su ffoik and State of flew York, known and designated as Lot No. 70 and the cesterly 2C feet of Lot No. 40 on a certain map entitled, "Nap of .flection 2 Gordiners Bay Estates", and filed in the Office of the ^i erk of the Countu of Suffolk on September 23, 1927 as Map No. 275. TG,E;',S'ER with a right of way to pass and repass for street pur-