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HomeMy WebLinkAboutL 10383 P 123 PF 28(11/85)Standard N.Ye.T.U.Form 11002 Bargain and Sale Dead.with convenant against Diem,",Acta-lIli ymual or Corporation 1Smg,a sneep CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 10383 U23 4& This Indenture, made the 27th day of July nineteen hundred and eighty seve L60 Between ARCADE DEPARTMENT STORE, INC. ,J 14 Front Street, Greenport, N.Y. 11944 480 $ R EIVED Party of the first part, and REAL ESTATE ' W. Bruce Bollman AUG $ 1987 Residing at (no #) Gringe Rd„ Southold, N.Y. 11971 jRSUFFOLKTAX COUNTY Party of the second part, Witnesseth,that the party of the first part,in consideration of Ten Dollars and othervaluable 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,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and being in the Village of Greenport, County of Suffolk and State of New York bounded and described as follows: BEGINNING at a point on the northerly line of Front Street 159.65 feet westerly alon 1\01 said line from the westerly line of Main Street; 00 RING THENCE along land of Platon, North 6039'10" West 76.61 feet to other 10A land of Arcade p� Department Store, Inc.; THENCE along said land, two courses: 028. 02 (1) North 84033'40" East - 24.27 feet; thence (2) South 5031100" East 76.59 feet to the northerly line of Front Street; THENCE ALONG SAID line South 84°33'40"West 22.75 feet to the point of BEGINNING. JsT Containing 1, 801 square feet. PO1'I- of BEING AND INTENDED TO BFAthe same premises conveyed to Arcade Department Store,Inc. by deed from Frederick J. Preston and Ethel F. Preston dated August 3, 1983 and recorded August 8, 1983 in Liber 9401 page 365 of the records of the Suffolk S� C County Clerk. 607 ao SUBJECT to any stats of facts an accurate survey might show; and to covenants, restrictions, easements, agreements, reservations and zoning regulations of record, if any. This conveyance is made in the regular course of business actually conducted 1010c) by the party of the first part and upon the consent of all its stockholders. ,to 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 and all the estate and rights of the party of the first part in and to said premises;To HaveAnd 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. 0� QD And the party of the first part covenants that the party of the first part has not done or suffered anything wherebythe 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 rightto receive such consideration as a trust fund to be applied first for the purpose of paying the cost of the improvementand will apply the same first to the payment of the cost of the improvement before usingan of e same for any other purpose. The word"party"shall be construed as if it read"parties"whenever tthe sense of this indenture so requires. y In Witness Whereof,the party of the first part has duly executed this deed the day and year first above written. Pf ESENCE OF: 0 ARCADE DEPARTMENT STORE, INC. BY—= RECORDED AUG 4 19871 IULIEITE A. KINSELLA Werk of Sufiofk County �y _