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lIBER�f 50 PAGE 11.
,,To Be used By Lawyers Only:Itis unlawful for any person,except a lawyer,
to prepare and receive compensation for documents auecting real estate.'
g4is lnden#ure,
made the 17th day of April 19$65,
The
^. BETWEEN COLONIAL VILLAGE at SOUTHOLD, IiQC., a Corporation organize
and existing under the lavas of the State of New York, with its grin-
' ci.pal offices at no street number, Main Street, Southold, Slew York,
party of the first part, and FREDERIC P, RICH, residing at no street number,
c-
Hobart Road, Southold, New York,
party of the second par[,
WITNESSETH,that the party of the first part, in consideration of and other good
�k One ($1.00) Dollar ,lawful money of the United States,
t .' and valuable consideration paid by the party of the second part,does hereby grant ad and release
ele 5esontot e
party of the second part,his heirs, executors, administrators, g"
m ALL that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,
lying and being in the Town to of Ne
of Southold, County o£ Suffolk, Staw York,
on bounded and described as follows:
Beginning at a point on the Northerly side of Main Road at the
Southeasterly corner of other land of the Party of the Second Part, bei
the Southwesterly corner of the land hereby conveyed and thence run-
ning North 180 031 30" blesta distance of
200.26 feet
to a other land oft,
and thence running South 690Olt40
Westg said
the Party of the Second Part and land of Ryan a distance of 100 feet;
thence running North 200 28t 00" blest a distance of 128.12 feet to a
point; thence running North 690 Olt 40" East a distance of 155.51 feet
to a monumont at the Northwesterly corner of property of Southold
Fire Dis�rict; thence running two courses and distances as follows:
South 18 031 30" East a distance of 8.50 feet and South 690 011 40"
West a distance Of 10.01 feet; thence running along the land of
Southold Fire District.South 180 031 30" East a distance of 320.0
feet to the Northerly side of Main Road;. thence along said Northerly
side of Main Road South 690 Olt 40" Nest a distance of 40.05 feet
to the point or place of beginning.
The conveyance hereby made is subject to a certain mortgage
Omade by ctober 9,e 1964,yof the and recorded inart the tOfficeSouthold
the Clerk oings Bank
tdated
he
County of Suffolk on October 21, 1964, in Liber 4502 of Mortgages
at Page 522, and to a certain building loan contract between the
Party of the First Part and Southold Savings Bank made October 9,
1964, relating thereto.
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
pasty a the
esecond part, his heirs,
executors, and administrators, assigns covenants that the art of
AND the party of the first part,in compliance with Section 13 of the Lien Law, party
the first part will receive the consideration for this conveyance and will hold the right to receive such con-
sideration as a trust fund to be applied for the purpose o paying the cost of the improvement and that the
party of the first part will apply the same first to the cost of the improvement before using any part of the
total of the same for any other purpose.
IN WITNESS WHEREOF, the party of the first part has executed this deed the day and year first above
wcilkeu�
hbety" shall be construed as if it reads "parties" whenever the serv=e of this indenture so requires.
THE COLONIAL \LTLLALE AT SOUTHOLD, INC.
S F.i,L
BY:
0 17?6q Vice President
pyF rr y.pP