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HomeMy WebLinkAboutL 6712 P 202 (8-e Standard N.Y.B.7.U.Form 8001 Bargain and Sale Deed.wish C."...,'agsim,Grantor's Aa,—Indrvidoal or Corporacion(SinEle Sheer) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY. J '. LIBER 6712 FACE 202 N �n J ' THIS INDENTURE, made the :� day of nineteen hundred and Beventy, BETWEEN a domestic corporations SOUTH FORK DEVELOPMENT CORP. , having its principal office at Argonne Road (Box 275), Hampton Bays, New York 11946, party of the first part, and ROBERT M. ISAKSON and JOAN M. ISAKSON, his wife, both residing at 12 Leeds Street, South Huntington, New York 117469 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, I- 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 `Cz p and designated aB Lot No. 25 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. BEING AND INTENDED TO BE part of the same premises conveyed to the party of the rded first part herein by Deed from KURT HAMBSCH et al. , dated 5-21-66 and . 552. 6-16-66 in the Office of the Clerk of Suffolk County, in Liber 5974, cap. 552• SUBJECT to a Declaration of Covenants and Restrictions recorded in Liber 6216, I- Page 256, on 9-7-67. ,agge meaey mortgage +" the ,OOO,OOr-for a . - • s-of-tbe-zecond part herein lercre it a -and-intem2ed to- be w K This conveyance is made in the normal wase of the business oforthe eubparty tantialth all first part herein and does not represent any conveyance 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 thereong 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 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. 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 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. 1N WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IN FRESENCL OF: 4'F t F SOUTH FORK DEVELOPMENT CORP, see v y los Y ' •• w Euge a R. Francolini, Secretary q ' Jk