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HomeMy WebLinkAboutL 8590 P 333 IFC�8590 ?'ACE33 3 F .v S,andard NY B 1 U Fu,an & —20M —Bargara and Sale Deet wuh Covenaras agamss Gran i or s Aas—lndnsdual ur CoHp Iauon (vngle sheep CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE-USED BY LAWYERS ONLY , THIS INDENTURE, made the 28th day of February nineteen hundred and seventy-nin P� BETWEEN MATTHEW McKIERNAN and JOSEPHINE McKIERNAN, his wife, residing NI at 900 Yennecott Drive, Southold, Suffolk County, New York DISTRICT SECTION BLOCK LOT art of the first art, ® FM party P 12 17 21 26 ARTHUR H. STEWART and GERTRUDE E. STEWART, his wife, residing ®, r at 25 John Street, Demarest, New Jersey 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, 1000 lying and being in the Town of Southold, County of Suffolk and State of New DISTRICT York, known and designated as Lot No. 48 on a certain map entitled, "Map of Yennecott Park, situated in the Town of Southold, Suffolk County,- New-York; surveyed May 1, 1968 by Van Tuy3 and °Seen" and filed 055 . 00 in the office of the Clerk of Suffolk County, on October 9 , 1968 as SECTION Map No. 5187. BEING AND INTENDED TO BE the same premises conveyed to the party of. , 06 . 00 the first part by deed dated November 15, 1976 and recorded in BLOCK Suffolk County in Liber 8143 cp 424 on November 18, 1976 . SUBJECT TO a mortgage now a lien on the aforesaid premises held by 007. 00 Southold Savings Bank, in the unpaid amount of $20, 712 . 88 , which LOT mortgage debt with interest thereon the grantee hereby assumes and p agrees to pay. 1 R'EC�EVEQ I REAL ESTAT'c { AAR 21979 rD corUNTY ! S f# 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 C,. 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 ofthesecond part forever. AND the party of the,first part covenants that the party of the first part has not done or suffered anything �`. whereby thesaid 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 fundto 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 rising 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. IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF' Arthur H. Stewart 'Matthew Mciiern Cy � . Gertru d ARTHUR J. FELICE Gertrud ! at Suffolk Coats% DED PAR 2 1979 a a