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HomeMy WebLinkAboutL 6768 P 40 N� Y.B.T.I; Fj.,m 8007.10-6Q--'0A1—3 eam and Sol,I)"d. ""h C is,;ag.,lna Gr u v , 4a. I IA4d,ml or CoeporaC on. LKR6768 PACE 40 i! CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE., made of July nineteen hundred and severity BETWEEN M-2378 NELLIE I , SCHEFFER, residing at Park Way, Southold, TG&T No. Suffolk County, New York 11971; , ; ! ,i 1267577 party of the first part, and WALTER GEORGE KAPP residing at Main Street, Southold, Suffolk County, New York 11971 I- party of the second part, °- WITNESSETH, that the party of the first part, in consideration of z 1 N u - - - - - - - TEN ($10.00) - - - - - - - - - - dollars, lawful money of the United State, and other good and 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 parte of the second part forever, ALL that certain plot, piece or parcel of land, with the Buildings and impmyements thereon erected, situate, lying and beirgkxjjxx at Pine Neck, near Southold, in the Town of Southold, County of Suffolk and State of New York, and known as and by Lot No. 6 on a certain map entitled, "Map of Southwood at Southold, New York, made by Otto W. Van Tuyl & Son, Licensed Land Surveyors , Greenport, New York, dated 10/l/53" and filed in the Office of the Clerk of the County of Suffolk on 11/24/53 as Map No. 2141. REAL ESTATE ,rt f, STATE OF �= TRANSFER TAXy1 �� N E ryryW YORK J 5. 2 0 �" Tcxatlon JUL-390 0 E, Fmnntc eB.iaens ��k. I� LIBER 6768 Por . 41 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 theip �gs h, r i gr '. anted unto the party of the second part, the heirs or a +r44 '� successors and assigns of the party of the second part forever. This conveyance is subject to a, mortgage made by Nellie I . Scheffer to Southold Savings Bank (Liber- 3166 mp 191) now reduced to $2,859.01 with interest at the rate of 5-1/2% from June 13, 1970, the payment of which mortgage and interest thereon is hereby assumed by the party of the second part, and the party of the second part has executed and acknowledged this instrument for the sole purpose of evidencing such assumption and agreement to pay. The party of the first part herein is the same person as the grantee in the Deed dated February 13, 1959 recorded February 13, 1959 in Liber 4587 cp 07 . 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 incumbered in any way whatever, except as aforesaid. AND the party of the first part, in compliance with Section 13 of the Lien I.aw, covenants that the party of the first part will receive the consideration for this conveyance and wilt 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 dune for any other purpose. The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. INWITNESS WH EOF, the party of the first part has duly executed this deed the day and year first above written. / � er eorge PP)(LoS.) ll�Q�o �J57N (Nellie I . Scheffer STATE OF NEW YORK, COUNTY OF SUFFOLK ) SS : On the ;Z--1- day of July, 1970, before me personally came NELLIE I . SCHEFFER, to me known to be the individual described in and who executed the within instrument, and acknow dged that she executed the same. No r Public. lil>V661i!.4(?R G 7GItHY, JR; NOTARY PL InJC, Stnte of N'ow Yk R,Aling in 1vffulk No. i334,S n;.iO Ivy (',nemii,Jon P,epircre SL,r{i .10. 10 L I. i