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HomeMy WebLinkAboutL 8437 P 400 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMFNT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 6Ek 8437 ,i%T 40J 1000. DIST: THIS INDENTURE, made the 22D day of May nineteen hundred and seventy-eight BETWEEN FISHERS ISLAND UTILITY COMPANY, INC. , a 9 New York corporation, having an address at 7#`No 1�2,gI 157_. SEC. Fishers Island, New York 06390 2 BLK. 6 party of the first part, and EDITH H. ANTHOINE, residing at 1065 Lexington LOT Avenue, New York, New York 10021 21 26 party of the second part, 6 12 17 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in3:hex Fishers Island in the Town of Southold, County of Suffolk and State of New York, being bounded and described as fol- lows: BEGINNING at a monument on the northeasterly 'Line of Oriental Avenue at its intersection with the southeasterly line of Athol Crescent, said pointbeing 2719 . 47 feet north of a point which is 2236 . 65 feet west of another monument marking the United States Coast and Gedoetic Triangulation Station "PROS" and THENCE RUNNING along saiC Athol Crescent line North 571 38 ' 00" East 65. 0 feet; THENCE South 370 43 ' 20" East 10 . 0 feet; THENCE North 570 38 ' 00" East 10 . 0 feet; THENCE South 370 43 ' 20" East 219 . 38 feet; THENCE South 520 16 ' 40" gest 74. 67 feet to the northeasterly side of Oriental Avenue; THENCE along said Oriental Avenue North 37' 43 ' 20" West 236 . 37 feet C to the monument at the intersection first above mentioned at the point or place of BEGINNING containing 0. 39 acres , more or less . v This conveyance is of premises which do not constitute a12I25$ substantially all of the assets of the party of the firs e \ certificate of incorporation of which does not require the con- sent of its shareholders to the sale of the property. \\ "fOGET1lER with all right, title and interest, if any, of the party of the first par[ 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 preinises 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 dhe first part will receive the consideration for this conve•vance and will hold the right to recelVe 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 L^. 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: FISHERS ISLAND UTILITY COMPANY, INC. _ B � y: i7'chard S . Baker, President nIfzl 7s