HomeMy WebLinkAboutL 7425 P 134 Standard N.Y.B.T.U.Form 8002•7.72.70M—Bargain and Sale Deed.with CovenGrantor',against Grantos Acts—Individual or Corporuiun(Single sheer)
{4 7 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
LIBfR7425 ?ACf134
/n1 THIS INDENTURE,made the 18th day of June nineteen hundred and seventy-three
�N
BETWEEN
�� / EDWARD F. WILLIAMS CONTRACTING, INC. a New York
1 Corporation having its principal place of business at (no number)
Seawood Drive, Southold, New York
party of the first part, and
JOHN Te VARDY and LINDA E. VARDY, his wife, both residm$g at 39-27
220th Street, Bayside, 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
M 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,
z ` lying and being WA* at Peconic, in the Town of Southold, County of Suffolk R:
o _New York, known and designated as Lot numbered 18
..... , .a,.....
as shown on a certain map entitled "Map of Peconic Shores, focate
pp at Peconic, L.I. property of William B . Codiing, surveyed
f
� September 1922 , J.W. Wells, C.E. Setauket, L.I. "filed in the
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Z Suffolk County Clerk' s Office on August 5th,1924 as Map No. 117 .
This transaction is made in the regular course of business and hasj, eer
approved by the Board of Directors.
The grantees herein, John T. Vardy and Linda E. Vardy, his wife, I
herebelow affix their signatures to this instrument evidencing
their agreement to assume and pay the existing mortgage on the
premises described herein which was made to the Southold Savings
bank by Edward E. Williams Contracting, Inc. , the grantor herein,
dated 8/28/72 and recorded Sept. 1, 1972 in the Suffolk County Clerk' s
office in Liber 6470 mp505 on which the present balance is $10, 000.00
and the existing mortgage made to the Southold Savings Bank by
Edward E. Williams ContrgLcting, Inc, dated 11/21/72 and recorded in th
Suffolk County Clerk' s Office in Liber 6569 mp 157 on 12/4/72 which
Has a present balance of $3, 000.00 and which was consolidated with
Liber 6470 mp 505 for a total present consolidated balance of
$13, 000.00.
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
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.
AND the party of the first part covenants that the party of the first part bas 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.
Ix PRESENCEoa '..:;; Edward E. Williams Cot}tracting, Inc.
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RECORDED JN
LESTER M. ALBERTSON :v
22 1973 Cfwrk of Suffolk County