HomeMy WebLinkAboutL 6692 P 117 • ''"/ Standar8N.Y.B.T.U.Fo,m8002.6-69-70M—Bargain and Sale Dred, with Cmenanr against Grm,nr'a Acts—IndividualorLdBRO'kXj,ahf'E 117
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
THIS /ST7111INDENTURE, made the � day of January , nineteen hundred and seventy,
BETWEEN WARREN L. SMITH and HELEN M. SMITH, his wife, both residing
on Maple Lane at Southold, in the Town of Southold, Suffolk County,
New York,
party of the first part, and EUGENE C. SCHOENER and MARIE L. SCHOENER, his wife,
both residing at 1262 Barberry Road, Wantagh, Nassau County, New York,
n� 1"
K party of the second part,
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�- 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
Ior 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 ix 1bc at Southold, Town of Snrltho]d, County of Suffolk- and
State of New York, known and designated as Lot No. 711, as shown on
a certain map entitled "Subdivision Map of "ounders Estates , situate
at Southold, Suffolk County, New York made by Otto W. Van Tuyl,
Engineer and Surveyor, dated March 1�, 1927" , and filed in the
Office of the Clerk of the County of Suffolk on May 10, 1927 as Map
No. 8311.
BEING AND INTENDED TO BE the same premises conveyed to the
party of the first part by Walter Adamson and Lenore A. Adamson, his
wife, by deed dated the lst day of July, 19592 and recorded in the
Suffolk Count* Clerk' s Office on July 2, 1959, in liber 11651 of deeds
at page 230.
And this conveyance is made subject to two mortgages now on
the premises held by Southold Savings Bank (Liber 2556 mp ol ) (Liber
2667 mp 375 ) having a total present unpaid balance of principal in
the amount of ;j 5,252.22, and which said rnortgeEes the parties of the
second part hereby assume and agree to pay as part of the considera-
tion herein, and the parties of the second part execute and acknow-
ledge this instrument for the sole purpose of evidencing their as-
sumption of the aforesaid mortgage debt.
REAL ESTATE . `�TE OF
TRANSFER TAXa� kNEW YORK
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MCI19xatt. o�n JAN19'70 --- 29. 70
0 8finan[e ea.insas
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
}FOLD 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 apple
the same first to the payment of the cost of the improvement before using any part of the total of the sante 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. �7
IN PRESENCE OF:
Warren L. STrti .
1_14
He en M. Smi h
_ Eugene C. Schpener
T Rr hnt+n n»