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HomeMy WebLinkAboutL 8186 P 415 ' Smnd N.Y.S.T.U. Form SCO7-10M Ra,gam and Sai<Deefl,wish Co crani agaiwi Gransors AM-1.11i.iduat or Cor)wrz[ma CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY lIt ��77++ ., f'LIBER8186 TA�:i3FtiAA7 i5 THIS INDENTURE,made the 28th dayof January ,nineteen hundred and seventy-seven BETWEEN L'S ; FOUNDER'S HOMES, INC. , a corporation organized under and existing ^ j I by virtue of the business law of the State of New York, having its '}1 principal office at 1225 Boisseau Avenue, Southold, New York 11971 Cyt DISTRICT SECTM BLOCK LOQ' g Ii I J �? i2 17 21 26 party of the first part,and VITO ALTIERI and ANGELA ALTIERI, his wife, both residing at 245 East 17th Street, Huntington Station, New York 11746 -14 RECEIVED REAL ESTATE FEB 4 19i i party of the second part, TR,' .NISFETZ i -1A LK WITNESSETH,that the party of the first part,in consideration of S1l UNfy COUNTY Ten ($10.00)-----------------------------------=--------------dollars, lawful money of the United States, paid — by the party of the second part,does hereby grant and release unto the party of the second part, the heirs or DIST. I III successors and assigns of the party of the second part forever, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying andbeingi- f at Bayview, Town of Southold, County of Suffolk and SEC. State of New York, bounded and described as follows_ P BEGINNING at a point on the northeasterly line of Main Bayview Road '' Q 434080 feet northwesterly along said line from a concrete monument i- set at the southwesterly corner of land now or formerly of Mahlon l BLOCK Dickerson; frunning along ,Main..Bayview Road North 60 degrees 02 minutes 40 seconds West 110.00 feet to land of Douglass; LOT running thence along said land of Douglass and along land now or formerly of Richards North 29 degrees 57 minutes 20 seconds East / 232 .00 feet to land now or formerly of Waldvogel; running thence along said land of Waldvogel South 60 degrees 02 minutes 40 seconds East 110. 00 feet; running thence along land of Eiring South 29 degrees 57 minutes 20 seconds West 232 .00 feet to the said northwesterly line of Main Bay- view Road at the point of BEGINNING. BEING AND INTENDED TO BE the same premises conveyed to Founder' s Homes, Inc. by Lefferts Edson by deed dated October 9, 1975, recorded November 26, 1975 in Liber '7949 at page 412 . Th's c anvf-vanc- is made in the regular course of business actuaT',y 11>Z4i!uclecl by the p-,ity a; ttie firsi part. RECORDED FEB1977 LESTER IN ALBERTSON `T Clerk of Suffolk County LIBER$x86 Fart 416 ' TOGETHER with all right, title and interest, if my, 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. The grantees herein, Vito Altieri and Angela Altieri, his,wife, hereinbelow 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 Founder'sHomes, Inc. , the grantor herein, dated January 19 1976 and recorded in the Suffolk County Clerk' s Office on January 22, 1976 in Liber 7530 at page 196, on which the present remaining principal balance is $30, 000.00 with interest paid to January 28, 1977: i i L i (i 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. jI AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of i- thefirstpart 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. I (( IN PRESENCE OF: FOUNDER'S HOMES, INC. , by: Lawrence Liso, Jr. / President II LS Vito Altieri LS AngelaAitieri " ✓ p I 1977 L€STEP. M. ALBERTSON LCORDED FEB Clerk of Suff,o.k Cotm-y