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L.a (8.651 Sondud N.Y.B.T.U.Form 8002 Bu,ain and Sale Deed.with Covenant a,ainu Grantor',Aa,—Individual or Cor"fiMM) I w 67
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
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THIS INDENTURE, made the 11th day of May nineteen hundred and seventy—one,
BETWEEN SOUTH FORK pEWLOPMENT CORP. , a domestic corporation,
having its principal office at Argonne Road (P. 0. Box 275) , '
Hampton Bays, New York 11946,
party of the first part, and
WARS C WOBESER and JOSEPHINE B. WOBESER, his wife,
both residing at 1588 Earl Road,
Wantagh, New York 11793,
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,
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ALL that certain plot, piece or parcel of land, situate'
.lying and being b:jxx at Bayview, Town Of Southold, County of Suvtf f elk and
State of New York, ]mown and designated as Lot' No. 19 on a certain
map entitled "MOLp of Corey Creek Estates", which said map was filed
is the Suffolk County Clerk's Office on August 15, 1967 as Map
w 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 HAMBSCH, GEORGE W.
E. MORE JR. and SIDNEY,WARNER, dated May 21, 1966 and recorded on
Jilne 1.6, 1966 in Liber 5974, c.p. 552.
LL SUBJECT to covenants and restrictions recorded in Liber 6216, c.p. 256.
SUBJECT to a purchase money first mortgage made by- the parties of the
second part herein to the part of the first part herein, in the prin-
cipal amount of $2,500.00, at 7J% per annum, for a period of three years,
bearing even date herewith and 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 aboye described premises to the center lines thereof; TOGETHER with the appurtenances
a 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 artyof
the first part covenants that the party of the first paK has twt done or suffered anything
whereby the surd 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 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 0f 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.
IN PRESENCE OP . SOUTH FORK DEVELOPMENT CORP-
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ne R. ranecsecretary
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