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HomeMy WebLinkAboutL 7540 P 109 Sundaed N.Y.B.T.U.Fm 9M2, 7-7b7M—11-gam aed Silt L`eed,with Cwecant agawt Gtaewr'r Acta-Ied...dual or Corporation (Single thee[) ,I, CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. FIBER /540 PAGE1� ^ 'MT�i t�� INDENIURE,made the 'T - day ;nineteen hundred and seventy-three " 1ETWEEN ISLAND ASSOCIATES, a co-partnership with offices at - 515 Rockaway Avenue, Valley Stream, New York, n'- A •:.asp •t: party of the first part, and ROBERT CUMMINS of 49-89 Fresh Meadow Lane, Flushing, 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the Town of Southold, at Peconic, County of Suffolk, State of New York, bounded and described as follows : BEGINNING at a point marking the intersection of the easterly line of Indian Neck Lane and the southerly line of Main Road; running thence along the southerly line of Main Road two courses and distances as follows (1) N, 46 degrees 38 minutes 40 seconds East 490,04 feet; (2) North 38 degrees 30 minutes 00 seconds East 337.92 feet to a monument and land now or formerly of Westerlund; running f thence alongsaid last mentioned land the following two courses and t^ti distances : 1) South 40 degrees 40 minutes East 181,37 feet to a ,.� monument; (2) North 49 degrees 23 minutes 50 seconds East 120,28 feet to a monument and land now or formerly .of Szczotka; thence C along said last mentioned land North 48 degrees 25 minutes 40 C^ seconds East 99,09 feet to a monument and land of Skwara; thence s',` ` along last mentioned land the following three courses and d'isfAces: ((1 South 27 degrees 18 minutes 40 seconds East 521,50 feet; (2 South 49 degrees 39 minutes 20 seconds West 326.10 feet; (3 South 29 degrees 43 minutes East 115.0 feet to ordinary high ''•Y water mark of Richmond Creek; thence along ordinary high water mark 11 + `- of Richmond Creek the following tie line course anddistance; (1) South _18 degrees 44 minutes 10 seconds East 762,86 feet to the Northerly side of Spring Lane; thence along the Northerly line of Spring Lane South 69 degrees 24 minutes 00 seconds West 683.76 feet to the Easterly side of Indian Neck Lane; thence along the Easterly line of Indian Neck Lane North 24 degrees 00 minutes 00 seconds West 1236,91 feet to the pointor 1 ce of BEGINNING. SUBJECT to a first mortgage in the approximat§Af $50 000,00. GGUBJrC �to ;purchse �toneyrt a e in them of5�f,'i20_.00hc ate" r �C e.a /°�Cis�evw i , LLL 2el�t �L'e.7cs TOGETHER with a 1 nght, tit a and mteres[, E any, of the pat the first part in an to any streets an' roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances69' G 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 grautcd unto tic 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 She 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 WTTNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN PAFSENCE O8: } ISLAND ASSOCIATES �r _ REAL ESTATE � t � � STATE OF by _ TRAt4SFERTHX�¢ mayi6,NEl% YORK g ri enc- es " r RECORDED NOV 28 1973 LESTER M. AL 3ERTSCN Clerk of SUff0IK County