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.r CONSULT YOUR LAWYER 111f OM SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOOLD M USED RY LAWYERS ONLY.
THIS INDENTURE,made the 26th day of November , nineteen hundred and sixty—nine,
BETWEEN SOUTH FORK DEVELOPMENT CORP. , a domestic corporation,
having its principal office at Argonne Road,
Hampton Bays, New York 119461,
Party of the first part, and
DANIEL L. SIMS,
residing at 42 Birch Court,
Riverhead, New York 119010
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
V1 or successors and assigns of the party of the second part forever,
9 ALL that certain plot, piece or parcel of land, mdthxtb¢ gs: a[ltxedxsituste,
lying andbeinginthe Town of Southold, County of Suffolk and,State of New York,
known and designated as Lot No. 18 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 .
S 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 Liber 5974, c .p. 552 .
6.
SUBJECT to covenants and restrictions in a Declaration recorded in
Liber 6216, Page 256, on 9-7-67.
SUBJECT to a purchase money first mortgage made by the party of the
second part herein to the party of the first part herein, in the prin-
eipal amount of $2,750.00, for a period of three years. at 7-1%2% per
annum, bearing even date herewith and intended to be recorded simul-
taneously herewith.
This conveyance is made in the normal course of the business of the
party of the first part herein and does not represent any conveyance 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
outstanding shares of the party of the first part entitled to vote
thereon, 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
rlgads abutting the aboyp,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.
01)T , 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-
tMion as a trust fund to he 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.
IN VVITNEWI WHEREOF, the party of the first part has duly executed this deed the day and year first above
written.
IN PRESENCE ol:.•..'.
SOUTH FORK DEVELOPMENT CORP,
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�, P •.O,e ' ,' ' By:
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Euge a R. Francolini, etre awry
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