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HomeMy WebLinkAboutL 8619 P 230 V a L- orm 8 7-6-63-Barga#, and Safe Deed wirh Covenanr again sr Grarror's Acn—rrdi vid uat or Gorporav or.(:...ngl< sneer% i CONSULT YOUR E./LSfdYER BEFORE SIGNING THIS INSTRUMENT=TRIS.INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE, made the 26th day of April nineteen hundred and seventy-nine BETWEEN GEORGE W_ BETCKE & MARGUERITE BETCKE, his .wife,_ both residing at 193 Floral Boulevard /coo Floral Park, New York Di S 1 party of the first part, and MYRON SILVERMAN & ELAINE SILVERMAN, his wife � �� both residing at 77 Park Avenue }�tF' 00 New York, New York `v b DISTRICT StCTIOta FLOCK LOT L.Lj 26 party of the second part, 8 12 LI{ WfTNESSETH,that the party of the first part,in consideration of Ton Dollars and other valuable consideration paid by the party of the seed part, does hereby grant and release unto the puty of the second part, the heirs o3 e dy 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. rE7% lying and being in the Town of Southold, County of Suffolk and State of New York known and designated as Lot No. 12, on a ' certain map 3�ot entitled, "Map of Northwood Estates, at Southold" , and filed in the Of-£ice- of =t-Ee Clerk County of Suffolk on February 7, 1972, we as Map No. 5675. Eea� Being the same premises conveyed to the grantors herein by deed recorded in Liber 8321, Page 502. The Tax Map Designation is: 1000 - 054.00 - 02. 00 - 003. 000 The grantees herein, Myron Silverman and Elaine Silverman, -- his wife, herebelow affix their signatures to this instrument evidencing their agreement to assume and pay the existing mortgage on the premises described herein which was made to ,� the Southold Savings Bank by George W. Betcke and Marguerite i Betcke, his wife, the grantors herein, dated September 22, 1977 and recorded October 7, 1977 in the Suffolk County T_q Clerk's Office in Liber 8013 mp 88, on which the remaining principal balance is $31, 371.66 with interest paid to April 26, 1979- TOGETHER 979TOGETHER with all right, title and interest, if any, of the party of the first part of,in and to Ray streets and roads abutting the above-described premises to the center lines thereof; TOGETHER with the ag�ces 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 succssom 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 put of the total of the same tot any other purpose The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. M . _ IN WYr'NEss WHEREOF,the party of the first part has duly executed this deed the day and year first above written. 1 � . tom-- ": i e ARTHUR J. ELICE ! ` ., s�a a (L C- WY 3 1979 Clerk of Suffolk Cour.S),