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HomeMy WebLinkAboutL 8363 P 183 L18fR8363PAGE 10-3 * I Siandavd F.Y.B.T-P. Form 8003-8-63-Tau.nry Deed Ttih Full Covenants-Indi�idal or COtrclatinh(single sheet) *F �t CCNSULT `d'OUR LAWYER BEFORE SIGHING THIS INSTRUMEC`17i"ik13 INSTRUMENT SHOULD 13E USED BY LAWYERS ONLY. . THIS INDENTURE, made the . 8th day of December , nineteen;.ut,3red and seventy-seven BETWEEN -' =z . „_ PUDCO REALTY CORP ,', a domestic corporation having its ' principal place of business at 50800 Main Road, Southold, New York, party of the first part, and - jPUDGE CORP., a domestic corporation having its principal place of business at 50800 Main Road, Southold, New York, USTRICT SE ' CTtOBLOCK LOT Jj B a LJ ` i$ 17 �' party of the second part, ^� WITNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consid_rxtioa paid by the party of the second part, does hereby grant and release unto the party of the second pAr,, the heirs C , or successors and assigns of the party of the second part forever, ALL that certain plot, piece or parcel of land, with the buildings and improvcments L�creon erec ed, situate, ^J lying and being in the Hamlet of Southold, Town of Southold, Suffolk County, New York; bounded and described as--fo-11ows:- BEGINNING at a point on the northerly side of Main Road distant Q 331. 67 feet westerly from the intersection of the northerly side Q of Main Road and the westerly side of BeckwithAvenue; and running 1D7K thence along the northerly side of Main Road, South 60 degrees 32 t minutes 40 seconds West 74 feet to land of Pudge Corp. (formerly Sayre); thence along said land the following two courses and Q distances: (1) North 27 degrees 39 minutes 50 seconds West 245.52 feet,. and - (2) North 28 degrees 43 minutes 00 seconds West 252.19 feet to the southerly side of Traveler Street; thence North 58de- grees 23 minutes 20 seconds East along the southerly side of Traveler Street, .71. 69. feet to land of Southold Public Library (formerly South- old Savings Bank) ; thence South 28 degrees 28 minutes 40 seconds East along said land 500. 34 feet to the northerly side of Main Road at the point or place of BEGINNING. THIS DEED is made in the regular course of business actually con- ducted by the corporate grantor. SUBJECT TO the lien of a mortgage held by Jack Levin i5 in the principal amount of $28,000, reduced by payments to $22,400. RECEiVQD REAL ESTATE id 93 DEC 2i 1977 a T,,„� 3FER sF+X s SUFFOLK COv:dTY TOGETHER with res ,L Y. of the party of the first part of, 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 saidppremises; TO HAVE AND TO tl HOLD the premises herein granted unto the party of the second part, the heirs or successors and assigns of s the party of the second part forever- 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 cor-sid- ation as a trust fund to be applied first for the purpose of paying the costs 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- AND the party of the first part covenants as follows: that said party of the first part is seized of the said premises in.fee simple, and has good right to convey the same;that the party of.the second part shallquietly enjoy the said premises;:that the said premises are free from incumbrances, except as aforesaid; thaf the party of the first part will execute or procure any further necessary assurance of the title to said premises' and-,g- ., nd ,-'- that said party of the first part will forever warrant the title to said premises cr f A The word "party shall be construed as if it read "parties whenever the sense of this indenture so regmres pr e IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first L5ov ,1: written i;a IN Pal:SZNca OP: UDCO REAL CORP James L. Gray, PreNJ qtr. LESTER M. ALSERTSOtd' R E C 0 1 M E Q DEC 21 1977 Cleric of Suffolk Cothify