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HomeMy WebLinkAboutL 6756 P 308 L�, ,e.eq.-' Standard N.Y.B.T.U.Form 8001 Ba,gain and S,le Deed.wish Ac —Indrvldual or Corporation(Single Shea) t At. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. S� LIBER6756 PAAOS THIS INDENTURE, made the S9-t-h day of MRp nineteen hundred and severity, BETWEEN SOUTH FORK DEVELOPMENT CORP , a domestic corporation, having its principal office at Argonne Road (Box 275) , Hampton Bays, New York 11946, (,'7� party of the first part, and CHARLES P . SIGNORELLI, - residing at 1221 Mamaroneck Avenue, Mamaroneck, New York, and PETER IMMEDIATO, , residing at. 56 Pleasure Avenue, Lake Ronkonkoma, ,New York, party of the second part, \' WTfNESSETH, that the party of the first part, in consideration of ten dollars and,other vajuable consideration paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs F or successors and assigns of the party of the second part forever, ALL that certain plot, piece or parcel of land, situate, lying and being in the Town of Southold.. County of Suffolk and State of New York, known and designated as Lot No. 5 on a certain map ' ent'itled,, "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 northwesterly 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 theaforementionedmap, which monument is distant S. 8' 37 ' 10" E:, 177.27 ft , from a monument set at the southeast corner of Lot 26 on said map; RUNNING THENCE N. 80' 19' 20" E. along the area shown as "Residents Only" on said map, a dis- tance of 60 ft , more or less; THENCE S . 5' 30' 30 W, , 270 ft , more or less to the high water mark of Corey Creek, as dredged; THENCE along said high water mark of Corey Creek, as dredged, as it winds and turns, in a general westerly direction to the easterly side of Corey Creek Lane; THENCE along said easterly side of Corey Creek Lane, N. 8. 37' 10" W. , 250 ft, more or less, to the concrete monument at the point or place of BEGINNING, 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. , dated 5/21/66 and recorded 6/16/66 in the Office of the Clerk of Suffolk County, in Liber 59741, c.p . 552, THIS CONVEYANCE is made in the normal course of business of the party of the first part and does not represent any convey- ance 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 Hts�ffgl Udshares of tphe Rau ty olf1tY ? first part entitled to vote there- T&ETHER with 691rig ,mtittle an St rs , anay, o 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 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. TI31 P1tASFiN�E'OI+:. , ": il ©� V1. SOUTH FORK DEVELOPMENT CORP, <C ��' By : _ n �h9 E- r Eugene R. Francolini, Secretary