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HomeMy WebLinkAboutL 7416 P 188 PFp/2S(8168)Standard N.Y.B.T.U.Poem 8002 Bargain and Sale Deed,nIth Covenant againstGrantor'e Acte—Individual or Corporation(Singtesheet) ',X/J V CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY.. LIDER 7416 rAcE 188 MIS INDENTURE, made the 29th day of June nineteen hundred and seventy BETWEEN ACADEMY PRINTING ENTERPRISES, INC. (formerly ACADEMY PRINTING AND MULTIGRAPHING CORPORATION) a domestic corporation having its office and principal place of business at Horton Lane, Southold, S Suffolk County, New York, party of the first part, and TOWN OF SOUTHOLD, a municipal corporation organized and existing under and by virtue of the laws of the State of New York, having its 0 principal office at 16 South Street, Greenport, in the Town of Southold, Suffolk County, New York party of the second part, WITNESSETH, that the party of the first part, in consideration of Ten Dollars and other valuable con- sideration 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being jlg ON at Southold, Town of Southold, Suffolk County, New York, bounded and described as follows: BEGINNING at a point on the easterly side of Horton Lane where the southerly line of land of the Long Island Rail Road Company intersects said easterly side of Horton Lane; running thence North 66 degrees 53 minutes 20 seconds East along said southerly line of land of the Long Island Rail Road Company 317. 75 feet; thence South 21 degrees 06 minutes 50 seconds East 50. 03 feet; thence South 66 degrees 53 minutes 20 seconds West 317. 23-feet to the easterly side of Horton Lane,`t]4eMe, North 21 degrees 42 minutes 40 seconds West along the easterly side of Horton Lane 50. 02 feet to the point or place of beginning. �d This conveyance has been made with the unanimous consent in writing of all yH of the stockholders of the pa''tly''of the first part. co U REAL ESTATE STATE OF TRANSFcRTAX�"-� "NEW YORK E firo,l a U. !1 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 satfered any- thing whereby the said premises have been encumbered in any way whatever, except as afore5�¢(L R. AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants th5lk 46 party of the first part will receive the consideration for this conveyance and will hold the right to OOiWsqch consideration as a trust fund to be applied first for the purpose of paying the cost of theJ40 "r ^y and will apply the same first to the payment of the cost of the improvement before usi:n 1- ? the total of the same for any other purpose. p The word "party" shall be construed as if it read "parties" whenever the sense of Zhic (itnTure X04 t requires. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day?,, (�t ea3'fir � s ' above written. V. IN PRESENCE OF: AC INTING $ S, ,PPTC; /nt✓t�c�t By yjT � t f r President a.' r` is/ Arthur N. Penny R F r n R n F n LESTER M. AMERTSCr, �