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THIS INDENTUM made the.'O rday of February ,nineteen hundred and f lfty-sevon,
BETWEEN
SOUTHOLD DEVELOPMENT CORPORATION, a corporation organized and
existing under and by virtue of the Laws of the State of New York,
•`^•�+� ; having its principal office and place of business at Southold, ouf£olk
County, New York,
i
it party of the first part,and
RICHARD LUTER and PAULINE C. LUTER, his wife, as tenants by
I,'the entirety, both residing at 639 - 2nd Street, Greenport, Suffolk
County, New York,
party of the second part,
WITNESSETH,tkiat the party of the first part,in consideration of
- _ TEN (y 10.) _ r _ _ _ _ _ _ _ _ _ _ _. _dollars,
lawful on,of the United Stares, and other good and valuable consideration,paid
by the party of the second part,does hereby groat and release unto the party of the second part,the heirs or
successors and assigns of the party of the secured part forever,
ALL that tract or parcel of lend situate, lying and being at
Pine Neck, Southold, in the Town of Southold, County of Suffolk and
State of New York, bounded and described as'follows:- -
BEGINNING at a point on the westerly line of North Bayview Road
(which point is South 6 degrees 54 minutes 30 seconds East's distance
of 545.0 feet from the point formed by the intersection of said wes-
terly line of North Bayviow Road with the southerly line of Pins Neck
.Road); r8nning thence along said westerly lino of North Bayview Road,
South 6 degrees 54 minutes 30 seconds East a distance of 100.0 feet;
running thence South 83 degrees 05 minutes 30 seconds West, a distance
of 150.0 feet; running thence North 6 degrees 54 minutes 30 secondd
West, a distance of 100.0 feet; running thence North 83 degrees 05-
'.minutes 30 seconds East a distance of 150.0 feet to the point or place
of beginning. __. _