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HomeMy WebLinkAboutL 10662 P 413 06`62 R413 Swnd.M N.V.9.T.U, Form SW2-20M —Bargain and Sale Uetd,with C rtnams aPmu G..nmr's A,,.—Indirid..l m(:orprtaiu:,. (,inglt sh.1) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY NO. CONS. THIS INDENTURE, made the 26th day of May nineteen hundred and Seventy-seven BETWEEN JOSEPH',PONTINO, residing at 2575 Indian Neck Lane, Peconic, q,ld New York and JOHN PONTINO, no number Indian Neck Lane, _,I a Peconic, New York 111,0 too, party of the first part,and JOSEPH PONTINO, residing at 2575 Indian Neck Lane, DIST.� Peconic, New York ST 1000 party of'the second part, XC. 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 08600 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, lyingandbeingza_Xft at PeconiC, Town of Southold, County of Suffolk and State B.K. of-New York, being more particularly bounded and described as follows: BEGINNING at a point on the northerly side of a 15 foot Right-of-Way, 0 500 distant 243.95 feet easterly, as measured along the northerly side of said 15 foot Right-of-Way, from a point on the easterly side of Indian Neck Lane where the same is intersected by the southerly side of lands now or formerly of Peconic Bay Gardens Inc. , and the northerly side of said 15 foot Right-of-Way; running thence along the northerly side of p LOT said 15 foot Right-of-Way and the southerly side of land now or formerly of Peconic Bay Gardens, Inc. , North 69 degrees 29 minutes 40 seconds East 250 feet-to the westerly side of lands now or formerly of J.and M.Pobtino; thence along said lands, South 20 degrees 30 minutes 20 seconds East 175 feet to the northerly side of lands now or formerly of J. Pontino; thence along said lands South 69 degrees 29 minutes 40 seconds West 250 feet; andnthence North 20 degrees 30 minutes 20 seconds West 175 feet to the northerly side of the aforesaid 15 foot Right-of-Way, at the point or place of BEGINNING. TOGETHER with and subject to a free and unobstructed Right-of-Way 15 feet in width crossing the northerly port of the above described premises. RECEIV U $ rX `:. fREAl tSTAIE Ir 111 : Alir, 8 1988 TR^INIQ ER JAX �,UFFOLK rpU��Y TOGETHER with all right, title and interest, if any, of the part i�t"ilarr in an o 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. i 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- erationas 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 indentpre 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; RECO�RDE� AUG 8 19d{i JULERK� F� KINSELLA 000ffp