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VVf§ .._ Covenant
U.Form 1.8-66-70M—Bargain and Sale Deed. with Covenant against Grantor's Acts Individual or Cotporation(Sitigle Sheet) F
LIBER PAGE
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
THIS INDENTURE,made the /8 zz.
day of'February nineteen hundred and seventy-one,
BETWEEN SOUTHOLD DEVELOPMENT CORP. , a New York corporation having
its principal office on theNN��ain Road in the Hamlet of Southold,
Town of Southold, County of"`$uffolk and State of New York,
party of the first part, and FOUNDERS HOMES, INC. , a New York corporation having
its principal office at 145B Boisseau Avenue in the Hamlet of South-
old, Town of Southold, County of Suffolk and State of 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
or successors and assigns of the party of the second part forever,
t ALL that certain plot, piece or parcel of land,? hbAJmK mild' situate,
lying and being'IrdnE at Southold.. Town of Southold, County of Suffolk and
State of New York, more particularly bounded and described as follows :
BEGINNING at a point on the westerly line of Gardinerts Lane, 250..28
feet southerly along said' westerly line from Pine Neck Road, said
point of beginning being the southeasterly corner of land of Zebroski;
from said point of beginning running along said westerly line of
Gardinerts Lane south 14 degrees 59 minutes 30 seconds west 100.0
# feet; running thence along land now or formerly of Southold Develop-
ment Corp. north 75 degrees 00 minutes 30 seconds west 199.83 feet
Z to land of Zarzecki; thence along said land of Zarzeeki north 14 de-
greesT32 minutes 20 seconds east 100.0 feet; thence along said land
of Zebroski south 75 degrees 00 minutes 30 seconds east 200.62 feet
to the point or place of BEGINNING.
SUBJECT to the covenants and restrictions" contained in SCHEDULE "A"
attached hereto and made a part hereof, as a Rider.
This conveyance is made in the regular course of business actually
conducted by the party of the first part.
-REAL ESTATE K � STATE OF
- � :7RI1PdSFER�TpX4 �w';NEW .YORK
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'8hnonce 'Pe.iose��-__;7t '
Q 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
E the party of the second part forever.
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Q� AND the party of the first part covenants that the party of the first part has not done or suffered anything
(Q 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 hien 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 raFsaxce OF; SOUTHOLD DEVELOP14ENT CORP.
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BY: ',Uv//fc�P
President
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