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HomeMy WebLinkAboutL 8549 P 480 Srandard N.Y.B.T.U.Form 8007' 9-7i-zoM–Bargvn and Sale Deed;wuh C........gauss.Grauwr's Aae–Indir.du I or orpormioi " CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. L 1 b.K 8549 PAGE480 THIS INDENTURE, made the j 'day of December nineteen hundred and Seventy-eight, BETWEEN CARL S. BUTKOVICH and LENA BUTKOVICH, his wife, both M-3157 CTIC # residing at (no number) Gagen's Landing Road, Southold, New York;11971, 7808- ViSTRICT 'SECTION BLOCK LOT 03262 M ; / i -i ED s L I -1 . . . 12 IT 21 26 party of the first part,and WALTER A. JOHANSON and MAY P . JOHANSON-, his wife, both residing at 37 Roxbury Road, Port Washington, New York 11050, party of the second part, - WITNESSETH, that the party of the first part, inconsideration of — — — — — — — - — — — — - - - - - TEN AND 00/100 ($Io.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 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, CIO lying and beingiq&x at Southold, in the Town, of Southold, County of Suffolk and State of New York, bounded and described as follows: V) BEGINNING at a point on the westerly line of Gagen's Landing Road 320.59 feet northerly along said westerly line of Gagen's Landing Road from Clearview Avenue, from said point of beginning running along land now or formerly of Gagen, South 87 degrees 58 minutes 10 i seconds West 143.82 feet to land now or formerly of Gagen Estate; THENCE along said land now or formerly of Gagen Estate and along K . land now or formerly of Terp, North 1 degree 28 minutes 10 seconds. East 100.19 feet to an iron pipe and land now or formerly of Rauch; THENCE along said land now or formerly of Rauch, North 87 degrees TAX MAP 58 minutes 10 seconds East 137.70 feet to an iron pipe on said west- DESIGNATIo\. I erly line of Gagen's Landing .Road; Di.t 1000 THENCE along said westerly line, South 2 degrees 01 minute 50 seconds East 100.0 feet to the point or place of Beginning. sec. X706 100 BEING AND INTENDED TO BE the same premises conveyed by Charles A. alk. Gagen to Carl S. Butkovich and Lena Butkovich, his wife, parties of Lott): 02161 'Othe first part herein, by deed dated May 15, 1965 and recorded in the Suffolk County Clerk's Office on May 20, 1965 in Liber 5748 of Deeds at page 304. SUBJECT to Covenants and Restrictions as contained in Liber 5086 cp 430 and Liber 5748 cp 304. R1= f1V RF-AL 1~STATE- DEC 14 19783Q TRAN!SFZq TAX SUFFOLX C0UNTY R E C,O R DE (� ARTHUR J. FELICE DEC 24 i978 £lsrk Qf Suffolk CoUEIy I , UsEP 8549 mf-cE 481 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. This conveyance is subject to a first mortgage (Liber 7955 mp 456) held by SOUTHOLD SAVINGS BANK in the amount of $35,000.00, now reduced to $34,642.13, plus interest at eight and one-half (82%) per centum per annum, from;December , 1978, and the parties of the; secondpart hereby assume and agree to pay the unpaid balance of the principal sum of said mortgage and interest and do hereby severally indemnify the parties of the first part from any claim for same. 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 principal and interest on: said mortgage and to indemnify the parties of the first part from any claim for same. 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 incumbered in any way whatever, except as aforesaid. AND the party of the first part, in compliance with Section I3 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 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-.X7 (Carl S. Butkovich) en utk -ch (L.S.) ti (Walter A Johanson) Jo son) R E C O R D ARTHUR J. FECICE E D BEC 14 1978 rlgrk DI ;Suffolk couosty