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HomeMy WebLinkAboutL 6740 P 232 S,and,,d K.Y.B.T.C.Fdrm 8007•3-69-20M1f—Bargain and Sale Dead wl,h Co�ena�, agaivsc Gnawr's Accs--IndiIdwl or Cor r� t� ° L!Mqu •'Av'_1.��, CONSULT YOU(RLAWYER BEFORE SIGNING THIS INSTRUMENT--THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. uaLF ( .R tAc23l {� THIS INDENTURE, made the I 0-t day of May nineteen hundred and seventy, BETWEEN SOUTH FORK DEVELOPMENT CORP, ,. a domestic corporation, r7 : <- having its principal office at Argonne Road (Box 275), 1 � 5 1 Hampton Bays, New York 11946, G'a o ,j party of the first part, and rt ^! DONALD R. CHAT TAWAY`and LEE E. CHATTAWAY, his wife, F both residing at 326 Sixth Street, j Greenport, New York 11944, party of the second part, WITNESSETH, that the party of the first part, in consideration of — — — — —T E N— — — — — — — - - -- — — — — — — — — — — — — — —(10.00)— — — — — — — — — — — dollars. lawful money of the United States, and other good and valuable eonsiderationEpaid by the party of the second part, does hereb}' 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 New York, known and designated as Lot No. 4 on a certain map entitled, "Map of Corey Creek Estates at Bayview", filed in the Office of the Clerk of the County of Suffolk on August 15, 1967 as Map No. 4923. SUBJECT to covenants and restrictions recorded in Liber 6216, Page 256, on 9/7/67. RESERVING unto the party of the first part for dedication to the Town of Southold for highway purposes, a portion of the northwesterty part of the area designated as "Residents Only" on the aforementioned map, bounded and described as follows : BEGINNING at a concrete monument situate on the easterly side of Corey Creek Lane as shown on the aforementioned ma which monument is distant South 8. 371 lo" East 1 p' orner of Lot 26 on said map; feet from a monument set at the southeast nning thence North 80. 19' 20" East along the area ahown. aa "Residents ly on said map, a distance of 60 feet more or less; hence South 5' 30' 30" West, 270 feet more or less to the high water ark of Corey Creek, as dredged; , hence along said high water mark of Corey Creek, as dredged, as it winds nd turns, in a general westerly direction to the easterly aide of Corey reek Lane; I ence along said easterly side ,of Corey Creek Lane, North 8. 37' 10" eat, 250 feet more or less, to the concrete monument at the point or lace of BEGINNING. _ REAL ESTAi y�yy � ~" STATE 0�' * _ (continued) of o TRANSFER TM �`P''11FVJYORK• De Dept of e * ' Taxation MAY•6'70. —d 0 U. 0 5 * - & Finance ea.loss< LIBER6740 fA X233 BEING AND INTENDED TO BE part of the same premises conveyed to the party of the first part herein by Deed from KURT HAMBSCH et al . , datee 5-21-66 and recorded 6-16-66 in the Office of the Clerk of Suffolk County, in Liber 5974s• c •P. 552. This conveyance is made in the normal course of the business of the party of the first part 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. SUBJECT to a purchase money mortgage made by the parties of the second part herein to the party of the first part herein, in the principal amount of $2,000.00, for a period of three years, at 7-1/2% per annum, said mortgage bearing even date herewith and intended to be recorded simultaneously herewith. , ,