HomeMy WebLinkAboutL 7393 P 571 Sundaad N.Y.B.T.U.Foam 6002. 7.7170M—Bargain and Sale Deed.with Caweuaut against Gsmroal Att IudarWual aat Commatim(IioS6 show)
., CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY.
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.9 a THIS INDENTi1RE,made the day of // f l/Z— , nineteen hundred and seventy-three,
BETWEEN SOUTH FORK DEVELOPMENT CORP. , a domestic corporation,
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having its principal office at Argonne Road (no ) ,
P. 0. Box 275, Hampton Bays, New York 11946,
party of the first part, and
HENRY HAMMERSCHIAG,
Main Rd•
residing at Montauk Highway (no #) ,^P. 0. Box 140,
Hampton Bays, New York 11946,
party of the second part,
WEI'NESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration
n paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs
zi" or successors and assigns of the party of the second part forever,
ALL that certain plot,piece or parcel of land, situate,
lying and being in the Town of Southold, County of Suffolk and State of New York,
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r UOD1y,ii2LLeU Q3 LVL 7141 Vll d l;&rteilll Llil�! @Lill Ll Cil, ruxp Cil arU Cy VilSCll
Estates at Bayview" , filed on August 15, 1967 in the Suffolk County
Clerk's Office as Map No. 4923, described as follows:'i
\a BEGINNING on the southerly side of Corey Creek Lane 100 feet easter-
ly of the corner formed by the intersection of the westerly side of
Corey Creek Lane with the southerly side of Corey Creek Lane;
RUNNING THENCE still along the southerly side of Corey Creek Lane
South 810 05' 10" East 100 feet to Lot #28;
RUNNING THENCE South 80 55' 20" West 297.88 feet; i
RUNNING THENCE North 610 West 106.47 feet to Lot X15;
RUNNING THENCE North 80 55' 20" East 261.31 feet to the beginning
point.
SUBJECT to covenants and restrictions recorded in Liber 6216,cp 256. ,
BEING AND INTENDED TO BE part of the same premises conveyed to the
party of the first part herein by Deed from KURT HAMBSCH et al. , dated
May 21, 1966 and recorded with the Clerk of Suffolk County on June 16,
1966, in Liber 5974, cap. 552.
This conveyance is made in the normal course of the business of the
party of the first part herein and does not represent any conveyance of
all or substantially all of the assets of the corporation, and said
conveyance is made with the-unanimous consent of, the holders of the
outstanding shares ofthe party of the first part entitled to vote
thereon, obtained at a meeting duly called.
SUBJECT to a purchase money first mortgage made by the party of the
second part herein to the party of the first part herein, in the prin-
cipal amount of $6,000.00, for a period of three years, at 71% per
annum bearing even date herewith and intended to be recorded herewith.
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
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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 Zonsideration 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 WETNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above
written.
IN PRESENCE OF: �• SOUTH FORK DEVELOPMENT CORP.
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T` °•�` By:
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6 -s Euge a R. Francolin , Secretary
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