HomeMy WebLinkAboutL 7132 P 283 --tt32 PAGE 283
r9 I Standard N.Y.B.T.U.B.7 U.Form 8007.3-71-20M—Bargain and Sale Deed, with Coven an, against Grantor's Acts—
IC CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
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M-2633 THIS INDENTURE, made thea of March
w y , nineteen hundred and seventy-tlwo
J BETWEEN LEO RAUCH, residing at Gagen's Landing Road., Southold,
New York 11971,
party of the first part, and
WILLIAM Mc NEIL and CAROLE M. Mc NEIL, his wife, both
residing at Green Street, South Jampesport, New York,
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party of the second part,
WITNESSETH=that the party of the first part, in consideration of
- TEN ($10, 00)- - - - - - - - - - - dollars,
�* r; lawful money of the United States, and other good and 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 beingsix*f[ at Southold, in the Town of Southold, Suffolk County,
lJ New York, bounded and described as follows:
BEGINNING at the corner formed by the intersection of the southerly
line of Hiawatha's Path and the westerly line of Nokomis Road; and
running thence South 5 degrees 45 minutes East by and along Nokomis Road,
113 .80 feet to land formerly of Gonzalez , and now of Leo Rauch and
Jacqueline Nellie Rauch, his wife ; running thence along said land,
South 84 degrees 21 minutes West, 114. 50 feet to land now or formerly
of Howard; running thence North 3 degrees 56 minutes West along said
land now or formerly of Howard, 133 . 01 feet to the southerly line of
m Hiawatha 's Path; running thence South 85 degrees 50 minutes East,
n 111.95 feet by and along Hiawatha's Path to the point or place of
C:) Beginning.
BEING and intended to be the same y y
eTr premises conveyed b Richard R.
Prieto and Dolores Prieto, his wife to Leo Rauch by Deed dated June
30, 1971, and recorded in the Suffolk County Clerk's Office on July 1,
1971 in Liber 6957 of Deeds at Page 518.
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BER 7132 PAGE 284
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.
This conveyance is subject to a mortgage held by the Southold
Savings Bank in the amount of $21,000.00 now reduced to $20, 903. 34
with interest at 7 1/2 % from March 19, 1972. The parties of the
second part hereby assume and agree to pay the unpaid balance of
the principal sum of said mortgage and the parties of the second
part have executed and acknowledged this instrument for the sole
purpose of evidencing their assumption and agreement to pay the
unpaid balance of thb principal of said mortgage and interest.
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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 incumbered in any way whatever, except as aforesaid.
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rn AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of
C'7 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
ttrt any other purpose.
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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
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�1-1 written.
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• �� IN PRESENCE OF:
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(Leo R ch)) (L. S. )
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(Carole M. McNeil)
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