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L 7323 P 343
1' ISL{tr Standd N.Y.B.T.U. Form 8002 -9-70—Bargain Deed,and Sale Dd, with Covenants against Ants—Individual o uCorporation. (single�� 1 CONSULT YOUR LAWYER EEFORE SIONINQ THIS INSTRUMENT-THIS INSTRUMENT SHOULD If USED BY LAWYERS ONLY / THIS INDENTURE, made the `� day of January nineteen hundred and seventy-three ' JCC BETWEEN c i C 7 SOUTHOLD DEVELOPMENT CORP. , a domestic New York Corporation; ; having its principal place of business at s (No Number) Main Road Southold, New York 11971 party of the first part,and i GEORGE HERBERT SMITH, residing at, t4 (No Numbet)''`Bayview Road, Southold, New York 11971 and DANIEL T. SMITH, residing at, (No Number) Main Road, Southold, New York 11971, as equal tenants in common party of the second part, 2. , 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, - 771. 43 feet southerly and easterly along said North Road to Bayview ,; from the southerly line of Oakwood Drive, said point of beginning be- ing the northwesterly corner of land of Rath; from said point of be- ginning running along said land of Rath and along land of .the party of the first part, South 0 degrees 16 minutes 20 seconds East - 202.05 C7 feet; thence along said land of the party of the first part, South 60 degrees 00 minutes East - 520. 00 feet, more or less, to ordinary i high water mark of Goose Creek; thence southerly and then westerly and then northwesterly along said high water mark, 600.00 feet, more or less, to land of Brown; thence along said land of Brown, North 0 degrees 16 minutes 20 seconds West - 250.00 feet, more or hss, to J said southerly line of North Road to Bayview; thence along said ' south- erly line, South 68 degrees 37 minutes 20 seconds East - 53 .80 feet to the point of beginning. � 1 a Subject to a 50 foot right of way across the westerly 50 feet of the r „ 5 premises. This conveyance has been made with the unanimous consent in writing I of all the stockholders of the party of the first part. S i r .. © I TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and P1h 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. I 2 AND the party of the first part covenants that the party of the first part has not done or suffered anything _ f+ whereby the said premises have been encumbered in any way whatever, except as aforesaid. N 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: nrnThe word'"'party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. I M IN WITNES W OF, the party, of the first part has duly executed this deed the day and year first above , O ;o written+l. p " 'y IN PREOP .`d i > ' ,� o r ;( f y of S THOLD EVELOPMENT CORP. c ut , i.i S z BY: DANIEL T. SMITH — PRESIDENT I .