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HomeMy WebLinkAboutL 5503 P 150 I EDF„5503 DG�T1`5'J 11.6,E—D..v a s n n�a.,.c --s lt.. crr,w,.,e"u C-.' .— ,L Y O"SULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY 7 1� THIS INDENTURE de the 14th t day of February nineteen hundr d and sixty. BETWEEN four, Thomas J.0aruso and Elizabeth GaMSO,hia wife,both residing at P.0,Box 1053,Southold,L,I. party of the first part,and George E. Gibson and Margaret R, Gibson, his wife, both residing at 34-31 81st Street, Jackson Heights 72, New York, 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 or successors and assigns of the party of the second part forever, ALL that certain plot,pieceor parcel of land,with the building' 1d improvements thereon erected,situate, lying and being ' at Cedar Beach near Southold,Town of Southold,County !of Suffolk and State. of New York,known and designated as and by lot 179 on a certain Lap entitled,"Subdivision leap of Cedar Beach Park, situate at Bayview,Town of Southold,N.Y.11and filed in the office of the clerk of the County of Suffolk on December 20,1927 as Map No. 90,said premises being more particularly described as fibllows: Beginning at a concrete monument set on the northerly ar side of Cedar Point Drive East at the southwesterly Corner of the premises herein described,ad Joining lot No.80,North 4°311 10" West 170 feet to a concrete monument and the southerly side of lakeside Drive; Runninpa thence along said southerly side of Lakeside _ Drive,North Bl 201 10-h:ast a distance of 78 feet to a monument and lot No.78; Running thence along lot No.78,SOuth 200 431 50" East and through a monument a distance of 157.03 feet to the shore line of Pleasant Inlet; Running thence southwesterly and southeasterly along the shore line of Pleasant Inlet to a monument on the northerly slide of Cedar Point Drive East,which monument is located South 77 301 00" East 110 feet from the point or place of beginning; Running thence along the northerly side of Cedar liPFat '::Point Drive East,North 77 p 301 00" West a distance of 110 feet to the point pr place of beginning. 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 U, 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. o AND the party of the first part covenants that the party of the first part has not done or suffered anything 4 1 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 mnsid- . c,.that 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 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 WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IT P.Lar.cE or: