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L 8514 P 164
DOUK 514 FACE164 71'0f a-5-0 ,22- S7 Standard N.Y B l C Poem eW2 2BM (7�gaprg//ai na�j'd a DeN.wkh fn rnams a,i. s Aar indwid..l ur Corpurawms. (single shtte) CONSULT YOUR LAWYER BEFORE z4THIS INSTRUMENT.THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY TRIS INDENTURE, made the 28th day of September ,nineteen hundred and seventy-eig. BETWEEN DAVID J. RICERETO and DELIS L. RICERETO, his wife, both residing at (no number 0 RoadgL( hogue, LO New York; iNS'TRICT E S z} l Uj party of the first part,an [L..IL.Ji iLt�?--i�:Jt 21 26 B 12 ALFRED STRETZ and SUSAN STRETZ, his wife, both residing at 387 Landing Avenue, Smithtown, New York, 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, DISTRICT ALL that certain plot, piece or parcel of land, with the buildings and im rovements thereon erected, situate, 1 ing and bein � north of the Village of Southo>Pd, Town of Southold, 1000 Gounty-o, Suffolk and State -of New--Y-ork;- being more :particularly SECTION bounded and described as, follows : 135,00 BEGINNING at a. concrete monument set on the northeasterly line of Mill Creek Drive at the southeasterly corner of land of John Cassidy BLOCK and the southwesterly corner of the premises hereinafter described;' 03.00 and running along said land of John Cassidy north 43 degrees 30 minutes 00 seconds east 132 feet to the ordinary high water mark of LOT Arshamomoque Pond; thence southeasterly along said ordinary h% h 032.000 water mark of Arshamomaque Pond south 62 degrees 05 minutes 00 second; east 75.65 feet to land of Lake; thence along said land of Lake south 47 degrees 40 minutes 00 seconds west 137 .00 feet to said north- easterly line of Mill Creek Drive; thence along said northeasterly line of Mill Creek Drive two courses as follows: (1) North 68 degree; 22 minutes 40 seconds west 13.81 feet; thence (2) north 58 degrees 22 minutes 50 seconds west 51. 19 feet to the point or place fof n BEGINNING. © BEING and intended to be the same premises conveyed to the parties of the first part by deed dated 5/5/78 and recorded 5/10/78 inthe Suffolk County Clerk' s Office in Liber 8426, page 149. SUBJECT TO a first ,mortgage held by the Southold Savings Bank, dated May 9, 1978, in the original principal amount of $28,000.00 and having a principal balance due of $27,945.53, which the parties of the second part hereby assume and agree to pay. 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. 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 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: / DAVID j. RICE= SUSAN STRETZ {i e F'; ✓y�c C e, l� n DELTA T. uTrrDz•.ra— ARTHUR J. FELICE P F C Q R © E L, M 15 L974 Clerk -of Suffolk County,