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HomeMy WebLinkAboutL 9297 P 556Standard N.Y. B.T.U. FOM 800$ • 4.59-15tit - W.mnry Deed Whh Full Ca,,,i r ,-Ndindwl or Cmprra[iou (,ingle she¢) CONSULT q YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. Llt;ER9Gc� (PAGE5cIs THIS INDENTURE, made the 11th day of January nineteen hundred and Eighty Three BETWEEN Peter S. Terranova residing at 280 Sound Avenue Peconic, New York 11958 (DISTRICT SECTION BLOCK LOT �3.i3L�i1b1J IZ.J.IQJ.(.j .._ '.:.+, ( Zr-s—r., r.,.. 4.., 26 party of the first part, and Peter S. Terranova and Paulina D. Terranova, his wife residing at 280 Sound Avenue, Peconic,New York 11958 party of the second part, 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 kwdag at Peconic, Town of Southold, County of Suffolk and State of New York, known and designated as Lot Five (5), as shown on map entitled, "Map of Peconic Shores, located at Peconic, L.I., pro- perty of Wm. B. Codling",surveyed September 1922 by J.W. Wells, C.E., and which map is duly filed in Suffolk County Clerk's Office, said r:-'S being fifty (50) feet wide throughout and about one hundred and seven-) one (171) feet deep. SUBJECT to the following restrictions: Only one house shall stand on each lot and said house shall stand at least thirty (30) feet back from ordinary high-water mark and from Sound Avenue and the foundations of any such house shall not be within ten (10) feet of side lines. The ordinary everyday value of said house shall not be less than $2500.00, and said premises shall be used for residences and such buildings as are appurtenant thereto. SUBJECT to zoning regulations of the Town. of Southold TOGETHER with all right, title and interest, it 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, in compliance with Section 13 of the Lien Law, covenants that the party of the first part v: ill 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. AND the party of the first part covenants as follows: that said party of the first part is seized of the said premises in fee simple, and has good right to convey the same; that the party of the second part shall quietly enjoy the said premises; that the said premises are free from incumbrances, except as aforesaid;, that the party of the first part will execute or procure any further necessary assurance of the title to said premises; and that said party of the first part will forever warrant the title to said premises. 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 Peter S. Terranova X 2e RF n -— - v ARTHUR J FEI_!CE —.__ - R F MUD t� R l� � D ,IAN 1.1 193 . • r' k ff S"ffnlli Cnunty