HomeMy WebLinkAboutL 7246 P 300 it LIBER 7240 PAGE ,300
I Standard N.Y.H.T.U.Form 8002-20M-2 69—Bargain and Sale Deed,with Covenants against Gnnmr',Atte—Individual a Corpontian. (tingle sheet)
I/J i CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT•THIS INSTRUMENT SHOULD BR USED BY LAWYERS ONLY
i
THIS INDENTURE, made the /9 day ofJVZW-/ nineteen hundred and seventy-two.
BETWEEN FOUNDERS HOMES, INC. , a domestic corporation of the State of New
York, having its principal place of business at 1225 Boisseau Avenue, Southold,
�S New York,
Il party of the first part,and JAMES MARR MANEY and FORTUNA A. MANEY, his wife,
1I both residing at Henry's Road (no number), Peconic, New York,
i.I,
party of the second part,
jl 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,
�E ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
{ lying and being bvtWx at Southold, Town of Southold, County of Suffolk and State of
�I New York, more particularly bounded and described as follows:
ii
' BEGINNING at an iron pipe on the westerly line of Gardiners Lane, 350. 28 feet
southerly along said westerly line from Pine Neck Road, said point of beginning
being the southeasterly corner of land of Thiel; from said point of beginning running
along said westerly line of Gardiners Lane, South 14 degrees 59 -minutes 30 seconds
West, 100 feet; running thence along land of Hargrove, North.75 degrees 00 minutes
f� 30 seconds West 199. 04 feet to land of Zarzecki; thence along said land of Zarzecki,
I� North 14 degrees 32 minutes 20 seconds East 100. 0 feet to an iron pipe; thence
along said land of Thiel, South 75 degrees 00 minutes 30 seconds East 199. 83 feet
1 e. q to,the point or place of beginning.
i THIS CONVEYANCE is made in the usual or regular course of the business
`~ y actually conducted by the party of the first part.
THE CONVEYANCE hereunder is subject to a certain mortgage executed by
! Founders Homes, Inc, as mortgagor, to the Southold Savings Bank, as mortgagee,
+} + which mortgage is dated the 8 th day of June 19 7Z, and was recorded on
the 14 day.of June , 19 7? in the Suffolk County Clerk's Office in Liber 6386
\1 of mortgages at page 308, and on which mortgage t3� a is now due the sum of
d 3
LL
j; $21, 700. 00 with interest thereon at the rate of 6 o per annum from the 19th
day of September 1972 and that the grantees herein hereby assume and covenant
i, to pay such mortgage and interest as part of the consideration for this conveyance.
0 TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
t/1 roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances
ce 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.
as
O j AND the party of the first part covenants that the party of the first part has not done or suffered anything
H ^ whereby the said premises have been encumbered in any way whatever, except as aforesaid.
N
WU! 1: 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. :` M a.
The word "party" shall be construed as if it read "parties" whenever the sense of tequir r9.•.
�i IN WITNESS WHEREOF, the party of the first part has duly executed this deed the� �fi ,ygaY'�`r JggQvea,,,
written. �:, -c
y IN PRESENCE OF:
D
FOUNDERS HOMES,
5
�LiJ By �' W til ~ .\
11Q t TL �r *ae. eside •lE
OC c .y rx a3
/[6.i e, �(r 'fi ', nQ3,;rr Maney A. M�—��— -