HomeMy WebLinkAboutL 6958 P 426 L 5
�.a (0-9'3) '•5mda,d N.Y.B.7.U,Fpr.8002 Bugain and$ale Decd,wirb Covemm,�gainsr Granwr's Acn—Individvgl 04 Corponaipn(Single Sheeo)
I
'_ CONSULT�(YttOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
u9ER6�958 PAGE 426
�, N r
-�,0 THIS INDENTURE, made the 18^ day of June , nineteen hundred and seventy-one ,
BETWEEN SOUTH FORK DEVELOPMENT CORP. , a domestic corporation,
having its principal office at Argonne Road (P.O. Box 275) , •;
Hampton Bays, New York 11946,
i
party of the first part, and
LAURENCE J. JACQUES.
residing at 1383 Chicago Avenue,
Bay Shore , New York 11706,
party of the second part, _
WITNESSETH, that the party of the first part,in consideration of ten dollars and other valuable consideiration k
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 thgsecond Part_forever,
ALL that certain,plot, piece or parcel of land, Sfi1f1C eatuatec
lying and being jxAn at Bayview, Town of Southold, County of Suffolk and ,tate
j of New. York, known and designated as Lot Number 10 on a certain map
t entitled, "Map of Corey Creek Estates", which said map was filed in
the Suffolk County Clerk' s Office on August 15, 196 ' as Map Number 4923. _
BEING AND INTENDED TO BE part of the same premises conveyed to the party
of the first part herein by Deed from KURT HAt•QSCH, GEORGE W. MOORE, JR.
a and SIDNEY WARNER, dated. May 21, 1966 and recorded on June 16, 1966, in
Liber 5974, c.p. 552.
SUBJECT to covenants and restrictions in a Declaration recorded in
Liber 6216, c.p. 256 , and easement contained in an instrument recorded
in Liber 6657, c.p. 435, r
'SUBJECT to a purchase money first mortgage made by the party of the
second part herein to the party of the first part herein, in the prin-
cipal amount of $2,000.00, for a period of three years, at 7-f°o per
annum; said mortgage intended to be recorded simultaneously herewith.
This conveyance is made in the normal course of the business of the
party of the first part herein and does not represent any conveyance of
all. or-.substantially all of the assets of the corporation, and said
conveyance is made with the unanimous consent of the holders of the
outstanding shares of the party of ,the first, part entitled to vote
thereon, obtained at a meeting duly called.
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.
AND the partyof the first part covenants that the party of the first part has not done;or suffered anything
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 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 apoed;�rst for the purpose of paying the cost of the improvement and will apply
the same first to the paytve�t qt the east of the improvement before using any part of the total of the same for
any other purpose : s
The`word "party' shall ccgnstrtte f as,tf tread "parties' whenever the sense of this indenture so requires.
IN WITNESS WMr OFj tbet part7{of the first part has duly executed this deed the day and year first above F
written
tsf ,• �t ,�:_ SOUTH FORK DEVELOPMENT CORP.
ty , G�ItaiC�P3 c By. .
•15�!{`„-'r/ act,✓✓
Euge e R.,, Francolini, Secretary
r�ditSt .,Sit ,