HomeMy WebLinkAboutL 8197 P 362 DOCUMFNT.u'i STAPfPS—
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:�- COWSUYT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-7 HIS
IHSTRU/AE#t'.'S;rtGUL.Y it US@C it':.AW"Ei`rJN.:
T US INDENTURE, made the da, of L"bzu&rY nineteen. h,.ndred and seventy—t ,'t ?F;,
L- Is r'
II BETWEEN
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MAR.LOR ASSOCIATES, a co-partnership, having its office at
1 Main Street, P.O.Box 967
1, on, New, York 11937 r
i East_ HaaTtpt ,
party of the first part, and
Dist.-- JOSEPH W4 . �EWS and lr AT?TG IA E• D u, hi wi , beth res �i ,•
at 84 Onyx Place,
Matawan, New Jersey 07747
Sec. I a:
5 party of the second part,
Blk waNESSETH, that the party of the first part, in consideration, of ien dollars and other valuable consideradw. '
pais by the party of the second part, does hereby grant and release unto the party of the second part, the heir<
or successors and assigns of the party of the second part forever,
10ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon crectea, situat.
Lot _ . lyin,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 southerly side of North Sea Drive,dist
i 1, 183,48 feet eastwardly from the corner formed by the intersectio,
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- of said southerly side of North Sea Drive with the easterly side c
/
t l4 �y Kenney 's Road; and running
1, THENCE South 50° 36 ' 00" East, 343.68 feet ;
THENCE North 260 29 ' 30" East, 102 , 59 feet ;
THENCE North 500 36 ' 00" West, 320, 76 feet to the southerly side o '.
North Sea Drive;
THENCE South 39° 24' 00" West along said southerly side of North S_-:,P
Drive, 100 feetL to the point or place of beginning.
BEING and intended to be the same premises conveyed to the party ar
the first part by Julia Anna Sedlak by deed dated June 27, 1974 an'
Cn Irecorded in the Suffolk County Clerk's Office on July 2, 1974 in
Liber 7667 cp 327.
C` SUBJECT to a certain mortgage heretofore made by the party of the : ' . rs
part to Eastern Federal Savings and Loan Association to secure the
principal sum of $14,000.00 and interest, bearing date the 27th da;-, `>>f ' f
June, 1974 and recorded in the Suffolk County Clerk's Office on Ju - 2
1974 in Liber 7108 of Mortgages, Page 257, upon which mortgage ther,c
is now due the principal stun of $ 12 , 663.99• , together with intera5 :
thereon at the rate of 8.5% per annum from the 1st day of Februarylq 7
which said mortgage the pax-ties of the second part hereby assume &l6
agree to pay to the extent of the whole amount xiow due thereon
as gfo sato find execute this deed 1n w to c of
TOGf�TIIrEfZ with all right, true and interest, rf any, of tnc parjy op,% firstnP{aXr�rn dnd to any streets am:
roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenance=
and all the estate and rights of the party of the first part in and to said premises; TO HAV$ AND TC
HOLD the premises herein granted unto the party of the second part, the heirs or successors andel assigns of
the party of the second part forever.
t �
AND theart of the first
p y e 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.
•� 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 asing any part of the total of the same for
any other purpose.
i The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires.
1
IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above
written.
In PRESENCE OF: � MARLOR ASSOCIATES
i �sP
Jos?ph P,. Fa o
Dews
i
-... __ a osr_Qh E. Conor '
LE .re, m.ALBERTSON / r
�+ EES28 iGI Crcrk of Suffolk County