HomeMy WebLinkAboutL 7046 P 511 t.a"la�.eel Standard N.Y.B.T.U.Form 8001 Bargain and Sale Deed.with Covenant agaimr Grantor's Acts—Individual or CorpplV&( ,) PAGE 51.1
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V CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
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THIS INDENTURE,made the 6th day of November a 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 , Rew York 11946
party of the first part, and Saverio Toscano and Ruth Toscano, his wife, both
residing at 6 23rd Street, Jericho, New York 11753
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,
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
lying and being in the Town of Southold, County of Suffolk and State of Few
York, known and designated as Lot NO. 23 on a certain map entitled "
n Map of Corey Creek Estates at Bayview" , filed in the Office of the
Clerk of Suffolk County on August 15 , 1967 as Aiap Ido. 4923.
TOGETIER with any and all rights, if any, of the seller in and to
F- water, canal or beach rights.
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
0 of all or substantially all of the assets of the corporation., and
V said conveyance is made with the unanimous consent of the holders
of the outstanding shares entitled to vote thereon, obtained at a
netting duly called.
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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
Y 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
Z I the party of the second part forever.
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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 encumbered in any way whatever, except as aforesaid.
zo 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
f 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.
n m IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above
mwritten.
07D. IN PRESENCE OF SOUTH FORK DEVELOPHENT CO-
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BY: Sidney F darner, President
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