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Standard N.Y.B.T.U. Por 8001—AIM-9-90—Bargain and S.ic Deed,wilh C.W.Covenanh against Grantor s Acls—tndjvidua!or Co, (tingles P7• (,
t CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD 81 USED RT LAWYERS ONLY r
`I` THIS INDENTURE, made the )C) J day of January nineteen hundred and seventy-three
MC./ BETWEEN I
SOUTHOLD DEVELOPMENT CORP. , a domestic New York Corporation,
having its principal place of business at
(No Number) Main Road,
Southold, New York 11971
party of the first part,and
GEORGE HERBERT SMITH, residing at,
(No Number) Bayview Road, Southold, New York 11971
DANIEL T. SMITH, residing at,
(No Number) Main Road, Southold, New York, 11971,
party of the seco&pa?tqual tenants in common
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, County of Suffolk and State of New
York, being more particularly bounded and described as follows:.
Beginning at a point on the southerly line of North Road to Bayview, ,
517. 63 feet southerly and easterly along said North Road. to Bayview
from the southerly line of Oakwood Drive, said point of beginning
being the northeasterly corner of land of Albinson; from said point
of beginning running along said southerly line of North Road to
Bayview, South 68 degrees 37 minutes 20 seconds East - 100 . 00 feet
to land of Brown; thence along said land of Brown, South 9 degrees
22 minutes 40 seconds West - 180. 00 feet, more or less, to ordinary
Il ; l high water mark of Goose Creek; thence westerly along said high
water mark 140. 00 feet, more or less, to said land of Albinson; thence
along said land of Albinson, North 21 degrees 22 minutes 40 seconds
East - 210. 00 feet, more or less, to the point of beginning. Con--
4« taining 23, 000 square feet.
l � Together with a 5 foot water main easement from the northwesterly
.`' corner of the premises westerly about 120. 00 feet. Subject to a
5 foot water main easement across the northerly 5 feet of the prem-
ises.
This conveyance has been made with the unanimous consent in writing
of all the stockholders of the party of the first part.
�I I SIAL QQ AN
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d TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
PPI roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances
d 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.
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AND the party of the first part covenants that the party of the first part has not done or suffered anything `
1-d 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 aptly
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.
W i The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires.
m IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above
O 'v written.
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X PR 5"CE E7Ft.
SOUTHOLD DEVELOPMENT RP.
o .t r•, �,h . BY: DANIEL T. SMITH - PRESIDENT