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CONSULT YOUR LAYER REFORR SIGMHO THIS INSTRUMINT—THIS INSTRUMENT SHOULD Ra USSO NY LAWYERS ONLY.
-109888209
THIS INDENTURE,made the --day of December , nineteen hundred and eighty-nine
BETWEEN GEORGE MALAFIS and MARIA MALAFIS, his wife, residing at
�� 35 Irving Street, Bethpage, New York, 11714 y
1411 I ~
party of the first part, and
V.A.F. INC. , with offices at 1 Dorchester Drive,
Muttontown, New York 11545
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party of the seotllkl part, 1 Z- -1
LE FFA
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WrrNESSL-fF tQ_the party of the J&fiL2art, 1n consideration of ten dollars and other valuable considention
paid by the (arty of lhe'settimd partidoesTie'r-does -relemeroneoaha-party.of the.sssc*44 part, the beim
or successors and assigns of the party of the second part forever,
t"... ALL that certain plot, piece or parcel of land,RArit]IIt4t4tVifhl1g0�9QlIA RYFA 1tgJIf4RFARC)tt1441ff1. situatS
lying and being in the Town of Southold, County of Suffolk and State of New
; bW l York, known and designated as Lot No. 50 on a certain map entitled
;•fir d� "Map of West Creek Estates" , and filed in the Office of the Clerk of
the County of Suffolk on August 19, 1963, as Map No. 3848 .
TOGETHER with an easement and right of ingress and egress over any
ID O O roads described in said filed map to and from Bayview Road, subject
however, to the right of ingress and egress granted, or that may here-
after be granted, to other owners of numbered lots on said map and
others to whom the same may be granted over the roads and extensions
01;�%00 on said map. Further, subject to the right of the seller, his heirs and
assigns, to dedicate the lands included therein to the Town of Southold
as a public highway, which right of dedication is hereby reserved. Upon
such dedication the easement and right hereby granted shall terminate.
SUBJECT to covenants, restriction, utility easements, reservations and
agreements of record, and in particular, a Declaration of Covenants
and Restrictions dated March 9 , 1964, and recorded in the Office of the
Clerk of Suffolk County on March 30, 1964 , in Liber 5520 , page 315,
as amended.
DC�U Premises is or will be improved by a one or two-family dwelling only.
This Deed is in lieu of foreclosure of Mortgage dated September 29,
1.- 1988 between GEORGE MALAFIS and MARIA MALAFIS, Borrowers, and V.A.F.
INC. , Lender, in the amount of FIFTY THOUSAND AND 00/100 ($50, 000 . 00)
DOLLARS, recorded in Liber 14548 at Page No. 65
at the office of the County Clerk of Suffolk County on 10/12/88
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 describer: premises to the centerlines thereof; TOGETHER with the appurtenances
and all the estate and rights of the party of the first pan in and to saidpremises; TO HAVE AND TO
HOLD the premises herein ranted unto the party of the second part, the heirs or successors and assigns of
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the party of the second part forever.
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.
C11 IN WRTIFS.4 WHEREOF, the party of the first part his duly executed this deed the day and year first above
W written.
INN Psaa[Nca or* t/
y etas
GEORGE MALAFIS
MARIA MALAFIS
('NVI' RECORDED 27 19a9 a