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HomeMy WebLinkAboutL 7393 P 569 Sund.rd N.Y.B.T.U.Form 8001. 7.71.70M—Bugain and Sale Dred,with Covenmt agaiwi Gamm i Acts—Individual or Caapwadw(Ra*Aud CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAVVYER ONLY. LIBER.7393 au569 R TM INDF.N 1IRE,made the '�`3 day of , nineteen hundred and seventy—three, BETWM SOUTH FORK DEVELOPMENT CORP. , a domestic corporation, having its principal office at Argonne Road (no 0 , P. 0. Box 275, Hampton Bays, New York 11946, party of the first part, and MARTIN LANG, residing at 23 Nautilus Drive, Hampton Bays, New York 11946, 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, situate. +, lying and being in the Town of Southold, County of Suffolk, and State of New York designated as Lot #14 on a certain map entitled, "Map of Corey Creek e Estates at Bayview", filed on August 15, 1967 in the Suffolk County Clerk's Office on Map No. 4923, described as follows: BEGINNING at the corner formed by the intersection of.' tha"westerly �I side of Corey Creek Lane with the southerly side of Corey Creek Lane; RUNNING THENCE along the division line between Lot #14 and Lot ¢15 the folbwing 2 courses and distances: (1) Soutb- 530 541 50" West 55 feet; (2) South 10 211 West 257.66 feet; t, RUNNING THENCE South 810 271 West 105 feet to 'the land of St. Patrick's R. C. Church; RUNNING THENCE North 80 33' West 380 feet to Lot #13; RUNNING THENCE North 820 471 50" East 228.14 feet to;th®:westerly, -,� side of Coreg Creek Lane- 1. RUNNING THENCE South 60 541 50" West 100 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, c.p. 552. This conveyance is made in the normal course of the business of the party- of the first part herpin 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 j outstanding shares of the 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 amt.. of $8,000.00 fo a period of 3 yrs. , t 7 pe cop, > eve allda,,,date the Ann}ent ed too}�te ergcor ®d reea t t. g y, f pa y C h ec part �n a io any streets and roods 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 PMENCE OF: q� tl. fra SOUTH FORK DEVELOPMENT CORP. 4 .. f•• By: /n c n64 Eugene R. Faancolini, Secretary LESTER AA. ALBERTSON '' RECORDED MAY 8 W& Clerk of Suffolk County