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HomeMy WebLinkAboutL 7905 P 199 5undard N.Y.B.T.U.Form 8001•1-75-70M—Bavgain and Sak Deed,wish l"ovennnv again-G,va., S.+e-ludrvidual n,Cu+pxuion•(Sm&that) 1 v_. CONSULT YOUR LAWYER among sHMRNo THIS NSTRUMMIT—THIS NSTRUMEIT SHOULD N usla RY LAWYMS WAY. ER7905 i4A%y9 THIS INDENTCUM made the 4th day of September, nineteen hundred and seventy-five, BETWEEN M-2926 DOMINICK P. ZITO and DORIS ZITO, his wife, both residing at (no number) Locust Avenue, Southold, New York 11971, i� Z`b party of the first part, and NED W. HARROUN and JOYCE A. HARROUN, his wife, as tenants by the entirety, both residing at (no number) Main Road, Southold, New York 11071, party of the second part, t/1 VNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration Ij( - paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs or successors and assigns of the party of the second part forever, ALLthat certain plot, ppiece or parcel of land, with the buildings and improvements thereon erected, situate, ^ . ; Iy^ng�ndbeing inth4 Town of Southold. County of S1Iffo11k and 51atf! of New 00 York known and designated as Lots One (1) and Two (2) on a certain °O cc map entitled "Subdivision Map of Property owned by C. L. Sanford Brick Co. Inc.", situate at Arshamomaque, Town of Southold, N. Y. , June 16, 1931, Otto W. Van Tuyl, Surveyor, and filed in the Suffolk County •Clerk's Office on September 2, 1931 as Map No. 539. Being and intended to be the same premises conveyed by Elizabeth A. Burroughs to Dominick P. Zito and Doris Zito, his wife, the parties of the first part herein, by deed dated June 23, 1970, and recorded in the suffolk County Clerk's Office on June 25, 1970, in Liber 6762 of Deeds at page 318. This conveyance is subject to a first mortgage held by Southold Savings Bank in the amount of $13,000.00 now reduced to $11,255.58, ' together with interest from August 23, 1975, the payment of which mortgage is hereby assumed by the parties of the second part, and the parties of the second part have executed and acknowledged this instru- ment for the sole purpose of evidencing their assumption of and agree- ment to pay the unpaid balance of the principal sum of said mortgage and interest. TOGETIIER 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. 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. 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. IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IN P8asrNCE OF: ( nick P. Z' o Doo is ZZ' (� �� (Ned W. Harroun) LESSEP 8 1915 nmz TER M. AigaTamM RFf' nRDFD r�. AQ 01&ft& COUIq . M..__ .