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HomeMy WebLinkAboutL 7602 P 581 r Standard N.Y.B.T.U.Fo,m 8002.1-73-52M- Bargain and Sale Deed,with covenant against Greeters Acta-lodsvidual or Coryosshat) LIBER /0 PACE 581 1� CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE,made the y day of March , nineteen hundred and seventy-four BETWEEN ALBERT Me GARBADE, JR, as surviving tenant by the entirety, residing at Indian Neck Lane (no number) , Peconic, New York party of the first part, and try ARTHUR Ge GOSSNER, residing at 184-56 Hovenden Road, Jamaica Estates , Queens County , New York party of the second part, WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valuable consideration \� 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, *t ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being bubo at Peconic, Town of Southold, County of Suffolk and Jf State of New York, bounded and described as follows : CA I 'y V BEGINNING at a point on the westerly side of Indian Neck Lane distant South 24 degrees East 841.32 feet from the corner formed v c by the intersection of the westerly side of Indian Neck Lane with the southerly side of Main Road (N.Y.S. Rte 25) ; running thence along , the westerly side of Indian Neck Lane South 24 degrees East 100 feet to a point; running thence along land about to be conveyed to Millicent D. Gossner South 66 degrees West 231.46 feet to land formerly of Albert Sacco; running themce along said land North 24 degrees West 100 feet to a concrete monument; running thence North 66 degrees East still along said land 231.46 feet to a concrete monument on the westerly side of Indian Neck Lane at the point or place of BEGINNING. BEING AND INTEIMD TO BE a portion of the same premises conveyed to the party of the first part and Helga E. Garbade as tenants by the entirety by deed dated August 31, 1970, recorded September 1, 1970 in the Suffolk County Clerk' s Office in Liber 6799 of Deeds at page 499. SUBJECT to a mortgage dated June 3, 1971 to Southold Savings Bank • in the original principal amount of $36,000. which mortgage was recorded June 8, 1971 in Liber 6053 of Mortgages at page 128 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. L 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. S AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of t 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 PRESENCE OF: Albert M. Garbade, Jr. • 4 • LESTER Ad. ALBERTSON Clerk of Suffolk MAR 12 1874 Cocmty Mi RECORDED