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HomeMy WebLinkAboutL 5056 P 120 enc ti"a (M.N,asm) CONSULT WNI LAWYER SSrOY momim MIS IMSS MMW—MIS INLYMMMS SHOUED is USED LY MWYISS ONLY. LieER5056 PAGE120 it.S.1.R.S.. .....:. ..t l�f. THIS INBEW MBE, made the ✓� -day of September,nineteen hundred and sixty-one BETWEEN WILLIAM WELLS, residing at Bay Haven at Southold, Town of Southold, County of Suffolk and State of New York, ANO 6QtALD,arA D.10, 6*.s e.7"er'96w, party of the first part,and KENNETH M. YOUNG,nreaiding at 200 East 66th Street, ]n the City of New York and State of New York, I party of the second part, WITNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable con- siderstion paid by the party of the second yart,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 hyAR at.Bayview, near Southold, in the Town of South- Old, County of Suffolk and State of New York, known and designated as lot number fifty (50) on a certain map entitled "Bay Haven at Southold, Town of Southold, Suffolk County, New York," surveyed December 10, 1958, by Otto W. Van Tuyl & Son, Licensed Land Surveyors, Greenport, N.Y., and filed in the Office of the Clerk of Suffolk County on the 22nd day of January, 1959, as Map No. 2910. TOGETHER with a right of way over "Bay Haven Lane," Vatersedge Way,It "Gin Lane" and "Mid Way," as shown on said map, and the right, in common with other owners of the lots shown on said map to the use of the "Community Beach" as designated on said map. RESERVING NEVERTHELESS unto the grantor, his heirs, administra- tors, executors and assigns, the fee to the said "Bay Haven Lane," "Watersedge Way," "Gin Lana" and "Mid Way," and to the "Community Beach," and all franchise rights therein and the right of dedication -"S of said streets to the proper govertvsental agency for street purposes I and the right of dedication of said community beach to the proper governmental agency for use thereby as a public beach. SUBJECT to the provisions of the declaration recorded by the party of the first part on February 10, 1959, in the Suffolk County Clerk's Office in Liber 4585 at page 346. ak The conveyance hereunder is subject to a certain mortgage ex- ecuted by William Wells as mortgagor to Southold Savings Bank as mortgagee, which mortgage is dated May 26, 1960, and was recorded m on June 1, 1960, in the Office of the Clerk of the County of Suffolk, e m in Liber 3430 of mortgages, at page 05, and on which mortgage there is now due the am of $13,866.41 with interest thereon at the rate of 6 per cent per annum from July 26, 1961, and that the grantee hereby e s es and v n e t su a e debt and interest as art ST nsiggr1Ros� fo? praiyis cg}�v��ratti�eg p pl'OGETFIlt 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"remises to the center lines.thereof:TOGETHER with the