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HomeMy WebLinkAboutL 6925 P 288 Standard N.Y.B.i.U. Form 8007—IOM-11-69—Bargain and Sale Deed, with Covenant against Grantor's Acts—Individual or Corporatlon. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY eLfFE!Q6925 FAc; 288 THIS INDENTURE,made the / day of *AV#Vy , nineteen hundred and seventy-one, /3 BETWEEN • KENNETH N. SCHOLD and IRENE SCHOLD, his wife, both residing at Soundview Avenue (no number) , Peconic, New York 11958, Party of the first part,and THEODORE W. LIBATH, II and BARBARA J. LIBATH, his wife, both residing t at 65 Rockaway Parkway, Valley Stream, New York 11580, CVCi party of the second part, WITNESSETH,thatthe party of the first part,in consideration of I L ff Ten ($10.00)-------------------------------------------------dollars, f i lawfulmoneyof the United States, and other good and valuable consideration paid 'i d 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 beinginod*x at Peconic in the Town of Southold, County of Suffolk and State of New York, bounded and described as follows : BEGINNING at a point on the Southerly side of Sound View Avenue where the same is intersected by the Southwesterly side of land now or formerly of Bittner formerly William Austin Haynes; running thence along said land and along land now or formerly of i Sepenoski formerly Vail South 46 degrees 25 minutes 20 seconds East 558. 99 feet and South 44 degrees 45 minutes 20 seconds East 1 50 feet; running thence along land now or formerly of Sepenoski formerly Fox South 45 degrees 15 minutes 40 seconds West 216. 04 feet to land now or formerly of Cosden; running thence along said land North 45 degrees 15 minutes 00 seconds West 712 . 13 feet to the Southerly side of Sound View Avenue; running thence along the Southerly side of Sound View Avenue the following courses and distances : (1) North 81 degrees 22 minutes 30 seconds East 5. 55 feet; (2) along an arc of a curve bearing to the left having a radius of 666.83 feet, the chord of which bears North 71 degrees 40 minutes 30 seconds East 224. 97 feet, a distance along said curve of 225. 98 feet to the point or place of BEGINNING. BEING AND INTENDED TO BE the same premises conveyed to the grantors herein by Clement W. Booth, Jr. by deed dated April 27, 1966 recorded May 3, 1966 in Liber 5950 at page 372. l VV , ESTATE STATE OF * TRANSFER TAX U:::NtttM YORK �s * 4 'g a Dcpt. of MAY-571 d 1 3. 2 8 Fill PB.10965 'i i l I� I� �� �,�FP6g25 X289 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 i ill successors and assigns of the party of the second part forever. l, - A purchase money mortgage made by Theodore W. Libath, II and Barbara J. Libath, his wife, to Kenneth N. Schold and Irene Schold, his wife, in the amount of $9, 000.00 as part consideration for the purchase of the above described premises, is intended to be recorded simultaneously herewith. �I li it �I AND the party of the first part covenants that the party of the first part has not done or suffered anything j; whereby the said premises have been incumbered in any way whatever, except as aforesaid. I AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of IIthe first part will receive the consideration for this conveyance and will hold the right to receive such consid- elation 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. 1 The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. III IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: LS Kenneth N. Schold LS Irene Schold /j/00 LJ 11 LS ii �1 !I 2 stai