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L 11331 P 505
WCB2 Sundad N.Y.B.T.U.Form 8I r An,—Indivi il or Cocponrion(iingle,h<er) �Q' �` ��. � c CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY. IIC331PG505 py THIS]INDENTURE,made the 440_ day of June nineteen hundred and ninety-one BE ANNIE STAPON, residing at 4025 Oaklawn Avenue, Extension, / Southold, New York, 11971 DISTRICT SECTION BLOCK LOT 4193 party of the first part, and FANNIE STAPON, Residing at 4025 Oaklawn Avenue, Extension, Southold, New York, 11971 and FREDERICK STAPON, residing at 4025 Oaklawn Avenue, Extension, Southold, New York 11971 AS JOINT TENANTS IN COMMON. q party of the second part, WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valeable consideration t paid by the party of the second part, does hereby grant and release unto the'party of the second,part, the heirs ,�aF✓ or successors and assigns of the party of the second part forever, o P': ALL that certain plot, piece or parcel of land, with the buildings and improvements thereop;erected, situate, lying and being in the at Southold, in the Town of Southold, County of Suffolk and State of New York, bounded and described as follows: / BEGINNING at an iron pipe set on the easterly line of Oaklawn Avenue, 395.557 feet southerly rGr 7 along said easterly line from Pine Neck Road, being the intersection of said easterly line with the southerly line of a proposed highway over land now or formerly of Gagen; RUNNING; THENCE along said southerly line of said proposed highway, north 82 degrees 37' 10" east, feet to an iron pipe; S'E C. THENCE along other 1 nd now or formerly of Gagen, 2 courses, as follows: (1) south 1 degree 28' 10" west, 155.99 eet to an iron pipe, O ® THENCE (2) north 83 degrees 48' 00" west, 100.35 feet to an iron pipe on said easterly line of ©U Oaklawn Avenue; BL ICK THENCE along said easterly line of Oaklawn Avenue, north 6 degrees 12' 00" east, 134✓.32 feet to the point or place of beginning. The premises conveyed herein are to be conevyed subject to an estate for life of FANNIE STAPON. FREDERICK STAPON, one of the named grantees, is to be responsbile for all expenses on the premises and for real estate taxes, assessments and insurance during the term of said life LOT tenancy. BEING and intended to be the same premises conveyed to the party of the first part by Sarah E. Gagen by deed recorded in the Suffolk County Clerk's office May 13, 1955, liber 3886 of conveyances, at page 101. 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. 11 IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written, IN PRESENCE OF: Sl' �tf, E V R E C Ofl -6- SEP 11 1991 WWW ON