HomeMy WebLinkAboutL 8409 P 459 �7 P Standard N.Y.B.7.U.Foam 8002 5•74 ?QM—Basgim and Sale Deed,with Covmans against Grantor's Acts—Individual or Corpdrarion(S oglesh—)
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/jY� w8409 FA A59
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THIS INDF.N'IURE,made the 31st day of March , nineteen hundred and seventy-eight
BETWEEN
f5 r JOSEPH J. SNELLENBURG, II, residing at (no number) Private Road;
Southold, New York 11971
%taco
D'974 € OT
f party of the first part, and �f,. J e v., L �'. '
i7 26 26
SCOTT BFl CORPORATION, INC. , a domestic corporation, organized and
bttC existing by virtue of the business corporation law of the State of
New York, having its principal office at 54655 Main Road, Southold, `
1 New York 11971
party of the second part;
WPI`NESSETH*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
�l .. or successors and assigns of the party of the second part forever, _
ALL that certain plat, piece or parcel of land,,with the buildings and improvements thereon erected, situate,
lying and being b6be :at SouthoIcT, -Town of Southold, County :cf Suf£alk, .an&
State of New York,, bounded and described as follows:
BEGINNING at a point on; the northerly side of Main Road (State
Route 25) distant- easterly 285.67 feet from the corner formed by the
intersection of the Easterly side of Railroad Avenue and the norther-
ly side, of Main Road;
RUNNING THENCE along land of Boyd North 17° 20' 00" West 200.00
feet to land' of colonial Village at Southold Inc. ;
THENCE along said land North 720 20150" East 100.00 feet to land
of Ryan; I
THENCE along said land South 17° 22' 00" East 200.00 feet to the
northerly side of Main Road;
,Q THENCE along the northerly side of Main Road the following two
:^ courses and distances:
r,0
(1) , _South 72° 36 ' 00" West 68.45 feet;
(2) South 72' 00' West 31.55 feet to the point or place
Of BEGINNING.
The grantee herein, - SCOTT- BEN CORPORATION, INC_ , hereinbelow affixes
its seal to this: instrument evidencing its agreement to assume and
Pay the existing mortgage on the premises described herein, which
*� was made to the Southold Savings Bank by SWORD OF DAMOCLES HOLDING
i CORPORATION, Igx1Rx dated 3/28/74 and recorded April 3,
1974 in the Suffolk County Clerk's Office in Liber 7033 at page 472
Q on which the present remaining principal balance is$33, 813.38with
' interest laid to -3/3l 78
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances
and all the estate and rights of the party of the first part in and to said premises; TO HAVE AND TO
s
HOLD the premises herein granted unto the party of the second part, the heirs or successors and assigns of
the party of the second part forever.
AND the party of the first part covenants that the party of the fust part has not done or suffered anything
wbereby the said premises have been encumbered in any way whatever,except as aforesaid.
AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of
the first part will receive the consideration for this conveyance and will hold the right to receive such consid-
eration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply
the same first to the payment of the cost of the improvement before using any part of the total of the same for
any other purpose.
The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires,
INWITN�WHEREOF,the party of the first part has dwrituly executedlbig deed nd year first above
Ix raasExcE os: _
SCOTT BEN CORPORATION, :-Irsc. ;' - Josep Site nburg, IT
by:
la
bertis1pR�SjgN7—
ARTHUR J. ICE
R CORDED APR 6 197$ Clerk of SIf€o
County