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HomeMy WebLinkAboutL 8230 P 342 Aa.v*d ?_y,B:LL. tiurn, fuv-,_tOM Ila:pa,n end Sa k. De+A wih [uv.ruv aF irm Gramoh em (ndi}C m`or ro�onion. G- �. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY S 3:�8230 Pact 342 - -- - ---- — --- THIS INDENTURE,made the 29th day of April nineteen hundred and seventy-seven UYA BETWEEN /.. DsZ o ..G ✓ U !L _., -. :1 L 0� co ALFRED S . PFEIL, residing at (no number) Bridge Lane, Nassau Point, "//_D i Cutchogue, New York 11935 _.� l IC) party of the first part,and �� E DONALD B. KATZ, residing at (no number) Ferry Road, Sag Harbor, I New York 11963 RECEI 'ED r� 6 I F-AL ESTATE � .3 0 i �,,_.._..- 3 KAY 5 1377 , ,t 2:_Ci`_ii I IIS Party of the second part, Ti«.. : .:FER 1 HX ll WITNESSETH, that the party of the first part, in consideration of `� 1 JL lui;,<IY Ten ($10 .00) ------------------------------------------------- -doltars, LOT lawful money of the United States, paid by the party of the second part, does hereby grant andielease unto the party of the second part, the heirs or successors and assigns of the party of the second part forever, ----- ALL of the seller ' s right, title and interest in and to ALL that certain plot, piece or parcel of.land, with the buildings and improvements thereon erected, situate, D!ST. j lying and being in the Village and Town of Southold, County of Suffolk, State of i New York, and being more particulary bounded and described as follows: I BEGINNING at a monument set in the southerly side of Main Road distant 100 feet easterly from the corner formed by the intersection of the southerly side of Main Road with the westerly side of Cottage Place; running thence along the southerly side of Main Road, North 87 degrees 02 minutes 00 seconds East, a distance of 100 feet to a monument and the \ westerly side of land now or formerly of DeRosier; running thence along_ Vi last mentioned land, South 15 degrees 51 minutes 00 seconds East, a distance of 145.00 feet to a point and the northerly side of land now ox formerly of Lucey; running thence along last mentioned land and land now or formerly of Finne, South 71 degrees 55 minutes 40 seconds West, lla distance of 98 .50, feet to a point and the easterly side of land now or formerly of Mullen; running thence along last mentioned land, North 15 degrees 32 minutes 00 seconds West, a distance of 171. 74 feet to a monument set in the southerly side of Main Road, at the point or place { LOT j of BEGINNING. ' I BEING AND INTENDED TO BE the same premises conveyed to Albert W. Albertson, Jr. and Alfred S . Pfeil, as tenants in common, by deed dated 6/5/73 recorded 6/6/73 in -Liber 7412 at page 557i made by Ralph i L. Glover and Una Belle Glover, his wife. %RCEL II: i ALL of the seller' s right, title and interest in and to all that certain plot, piece-or parcel of land, with the buildings and improvements thereon erected, si-tuate, lying and being at Southold, in the Town of Southold, County of Suffolk and State of New York, bounded and des- cribed as follows: BEGINNING at a point at the intersection of the southerly line of Main Road with the wes erly line of Locust Lane and running thence along the said westerly lin of Locust Lane South 22 degrees 21 minutes 20 second. East 129. 79 feet i.o land of Lucey; running thence along said land of Lucey South 75 degrees 42 minutes West 111.69 feet to land of Albertson �r and Pfeil; running thence along said land of Albertson and Pfeil North 15 degrees 51 minutes west 145 .60 feet to the southerly line of Main Road; running thence along the said southerly line of Main Road North 85 degrees 37 minutes East 98.92 feet to the corner at the point of BEGINNING. (continued) LESTER M. A 8ERTSCt4 RECORDED MAY LIBEk 8230 PAGE 343 t 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. BEING AND INTENDED To BE the same premises conveyed to Albert W. ' Albertson and Alfred •S . Pfeil, by deed dated 7/18/75 recorded 8/11/75 in Liber 7889 at page 333, made by Margaret Gentile a/k/a Margaret Gentele and Marie Cassidy, as devisees of the estate of Bridget Furey and Catherine A. DeRosiers . The grantee herein, Donald B. Katz, herebelow affixes his signature j' to this instrument evidencing his agreement to assume and pay the existing mortgage on Parcel I herein which was made to Ralph L. Glover and Una Belle Glover, his wife by Albert W. Albertson, Jr. and Alfred " S . Pfeil, dated June 5, 1973 and recorded June 6, 1973 in the Suffolk County Clerk' s Office in Liber 6742 at page 326, in the original amount of $35,000.00, on which the present remaining principal balance is $32, 218.16, with interest paid to `f - , 5 - 7 7 j' The grantee herein, Donald B. Katz, herebelow affixes his signature to this instrument evidencing his agreement to assume and pay the existing mortgage on Parcel II herein which was made to Margaret Gentile a/k/a Margaret Gentele and Marie Cassidy, as devisees of the Estate of Bridget Furey and Catherime A. DeRosiers by Albert W. Albertson and Alfred S . Pfeil, dated July 18, 1975 and recorded August 11, 1975 in the Suffolk Countli Clerk' s office in Liber 7405 at page 406, in the original amount of $39, 100.00, on which the present remaining principal balance is $35,823.12 with interest paid toy 5-77 i' i C 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 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 i ' any other purpose II 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 i written. I,. IN PRESENCE OF: / f� A 1 f rge feil (( r Donald B. Katz TESTER /h. ALPEERiSOtJ RECORDED MAY s 1177 Carl. Cf cc-'-.ty