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HomeMy WebLinkAboutL 7240 P 146 LIBER 7240 PACE 146 1 PF 94(8170).Reles,e of P_ai of Mort.Premises CONSULT YOUR LAWYER W"RE SIONINe THIS INSTRUMENT — THIS INSTRUMENT SHOULD W USED EY LAWYME ONLY' This Indenture, madethe 31st day of August nineteen hundred and seventy—two , between LOIS Be WARD, residing at 33 West Dover Street, Valley Stream, NOW York party of the first part,and PHILIP We DRUHL, residing at 79 titehburg Street, Bay Shore, New York party of the second part Whereas, PHILIP/ DRUHL by indenture of mortgage,bearing date the 27th day of r"ebruary nineteen hundred and seventy ,recorded In,the office of the Clerk of the County of Suffolk ,in hoer 5787 of mortgages, page 266 in section block on the 6thdey of M March 19 70 , for the consideutiva therein-mentioned,an l to-socum the payment of the money therein specified,did mortgage certain lands and tenements o£which the lands hereiva€ter described are .- part, unto RINSCREST DUNES, INC. , which mortgage has been 4411ign40 •..to the party of the first part by assignments dated ,Augutst• 4th, 19720 ± and recorded in the office of the Clerk of the County of Suffolk on August 31st, 1972, And Whereas, the party of the first part, at the request of the party of the second part, has agreed to give up and surrender the lands hereinafter described unto the party of the second part,and to hold and retain 1 d k the residue of the mortgaged lands as security for the money remaining due on said mortgage, tltl t Now This Indenture Witnesseth, that the party of the first part, in pursuance of said agreemfmt and ti in consideration of THREE THOUSAND ($3,000,00) Dollar$,lawful money of the United States, paid by the party of the second part,does grant,release and quitclaim unto the party of the second part, all that part of said mortgaged lands, situate, lying and being is the ToWn of Southold, County of Suffolk and State of New York being more particularly bounded and described as followss BEGINNING at a point on the southwesterly side of West Drive distant 36.07 feet northwesterly as measured along the southwesterly side of West Drive from the corner formed by the intersection of the south— westerly side of West Drive and the southeasterly side of Lake Drive, from said point of beginning; running thence North 39 degrees 55 minutes West along the southwesterly side of West Drive 49.49 feeti thence South 44 degrees 13 minutes 10 seconds West 150.79 feet to land of Pinecrest Dunes, Inc .; thence along said land south 39 degrees 55 minutes east 234.52 feet; thence north 14 degrees 08 minutes east x 141.17 feet; thence north 41 degrees 35 minutes went 77.36 feet; thence rr northwesterly, northerly and northeasterly along the arc of the curve Cl) bearing to the right having a radius of 39.12 feet a distance of 61.45 feet to the southwesterly side of West Drive, the point or place of C:7 beginning. ' Q 4" "r# Together with the hereditaments and appurtenances thereunto belonging, and all the right, title and interest of the party of the first.part, of, in and to the same, to the intent that the lands hereby released may ;n be discharged from said mortgage, and that the rest of the land in said mortgage specified may remain mort- gaged to the party of the first part as heretofore. To have and to hold the lands and premises hereby released and quitclaimed to the party of the second part, his heirs and assigns, to them and their own proper use, benefit and behoof forever, free, clear and discharged of and from all lien Rod claim under and by virtue of the indenture of mortgage aforesaid. _ )n W mess Whereof, the party of the first part has signed and sealed these presents the day and year first bove written. In the Presence of �t. Lois 5,Ward— s .