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HomeMy WebLinkAboutL 8496 P 117 Standa,d N Y.B.T.U.Form 800' 9.]-zoM Bargain and Sale Deed wrch Co.enanc.agvnsr Gmumr's Aas—lndn sdual or Corpozano CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. P THIS INDENTURE, made the ��day ofSeptember , nineteen hundred and Seventy-eight, BETWEEN RUSH M. TORQUER, JR. and ELIZABETH F. TORQUER, his wife, M-3144 both residing at 305 North Bayview Road, Southold,L qw York 11971, Foremost E* r,K f, Abstract OPS � T SECTIO #7808- 270316 Li '� & 87 party of the first part, and FRANK THEODORE HERMANNhaand BETTY MARIE. HERMANN, his wife, as tenants by the entirety, both residing at 3631 Ocean Avenue, Seaford, New York 11783, party of the second part, WITNESSETH, that the party of the first part, in consideration of — — — — — — — — — — - - - - - - - TEN AND 00/100 ($10 .00) - - - - - - - - - - - dollars, lawful money of the United States, and other :good and, 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 Ctj successors and assigns of the party of the second part forever, O CALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the Town of Southold, ",County of Suffolk and State of New York, bounded and described as follows : BEGINNING at a point on the northerly side of North Bayview Road distant 240.00 feet easterly from the corner formed by the intersection of the northerly side of North Bayview Road with the easterly side of Cedar Avenue; THENCE North 16 degrees 55 minutes 10 seconds East along lands now or formerly of Markov and Dowd 270.00 feet; THENCE South 73degrees 05 minutes 50 seconds East 131.81 feet; THENCE South 16 degrees 14 minutes 50 seconds West 265 .73 feet to the northerly side of North Bayview Road; TAXMAP THENCE North 74 degrees 55 minutes 00 seconds West along the DESIGNATION. northerly. side of North Bayview Road 135 .00 feet to the corner _ Dst. 1000 aforementioned, the point or place of Beginning. Seg. 78 BEING AND INTENDED TO BE the same premises conveyed by Southold M. 8 Homes, Inc. to Rush M. Forquer, Jr. and Elizabeth F. Forquer, his wife,. the grantors herein, by deed dated August. 29, 1974 and recorded 1.otcs!. 16.00 in the SuffolkCounty Clerk's Office on September 5, 1974 in Liber 7708 of Deeds at Page 367. 5283 RECEIVED c f RSL ESTATE `1 SEP 12 1978 T"�-NSFER lid SUFFOLK COUNTY R E C O R D E D � ARTHUR J. FELICE SEP I2 1978 Clerk Qf SuftQlk Canty LIBER 5496 PAGE 1g 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 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. e This conveyance is subject to a first mortgage in the amount of $30,500.00, now reduced to $28,858.38, together with interest at 82/, per annum, the payment of which mortgage is hereby assumed by the parties of the second part, and the parties of the second part have executed and acknowledged this instrument for the sole purpose of evidencing their assumption of: and agreement to pay the unpaid balance of the principal sum of said mortgage and interest. AND the party of the first part covenants that the party of the first part'has,not done or suffered anything whereby a said premises have been incumbered in any way whatever, except as aforesaid. AND tbellparty of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of the first p rt will receive the consideration for this conveyance and will hold the right to receive such consid- enation as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply the same rst 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. IN WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IN PRFSFI ICE OF: �h (L.S .) (Rush M. Forque i .) - y (Elizabeth F. Fo quer) (Frank Theodore Hermann),], 4W( '�—� cUUZ (L.S.) (Betty MArie ermann).� TLS ARTHUR J. FELICE - . 9 E C 4 R D. ED Clerk 1d Suffolk cowty, SEP 12 1978