HomeMy WebLinkAboutL 7618 P 353 SnndwdN.Y.B.I.U.Fnrm 8007.6-77-20M—B.,pm and Sala D,,,l ,chh C....nam agmu, Granrne'. Acrs-InJL iEI9ERr 'F618— PAYE 353
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
THIS INDENTURE, made the �-q dad of March nineteen hundred and Seventy-four
BETWEEN
SWORD OF DAMOCLES HOLING CORPORATION, a domestic
business corporation having its principal office
and place of business at Main Road (no number) ,
Southold , New York
party of the first part, and
JOSEPH J. SNELL,..N3URG II , ra i.din at Private Road
(no number) , Southold , New York,
No Consid
eratioa
eo party of the second part,
WITNESSETH, that the party of the first part. in consideration of Ona ($1.00)
T
i
'a
dollars,
r lawful money of the JJnited States, paid
❑ �
o _ by the party of the second part, does heretic rranr and release unto the parhof the second part, the heirs or
successors and assigns of the party of the socond part forever,
ALL that certain plot piece or parcel of land situate at Southold ,
Town of Southold , County of Suffolk , St-ate of New York , hounded and
described as follows :
BEGINNING at a point on the northerly side of Main Road (State Route
25) distant easterly 285 .67 fee-- from the corner formed by the intersecti(
of the easterly side of Railroad Avenue and the northerly side of Main
Road;
RUNNING THENCE along land of Boad North 17° 22' 00" West 200.00
feet to land of Colonial Village at Southoldlnc .
THENCE along said land North 720 20' 50" East 100. 00 feet to land
of Ryan;
THENCE Along said land South 17 ` 22' 00" East 200.00 feet to the
northerly side of Main Road ;
THENCE along the northerly side of Main Road the following two course
and distances:
1) South 72° 30' 00" West 68.45 feet;
2) South 72° 00' West 31. 55 feet to the point or place of BEGINNING.
PLEAn SE D,1 F �¢;
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a 7618 PACE 354
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.
BEING AND INTENDED TO BE the same premises conveyed to the party of
the first part by Armand M. Rose and Elizabeth W. Rose, his wife,
by deed dated March 28, 1974, and recorded in the Suffolk County
Clerk' s Office
SUBJECT to a mortgage made by the party of the first part to Southold
Savings Bank dated March 28 , 1974 in the principal amount of
$37,000.00, which mortgage is recorded in tha Suffolk County Clerk ' s
Office.
SUBJECT to a subordinate mortgage mada by the party of the first
part to Armand M. Rose and Elizabeth U. Rose, his wife, dated
March 28, 1974 in the principal amount of $11,400.00, which
mortgage is recorded in the Suffolk County Clerk' s Office.
i
This conveyance has been authorized by a Resolution of the board
of directors of the party of the first part and consented to by
the stockholder thereof,
f.. NATE OF
r
I
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 incmnbered in any Wray 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 purpo,, 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 duty executed this deed the day and year first above
written.
IN PRESENCE OF: SW0 DAMO HOLDING 0 P RATION
By __
President
Y �iYl 01
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1"1 L 6 I,i !{ �l i' i? APR 1?J tf3'73 . .