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CONSULT YOUR LAWYER SEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY
N"1 /^1v0 THIS INDENTURE, made the 25 day of April nineteen hundred and eighty-five
lY/ BETWEEN
MARTIN C. PFEFFER, residing at North Road, Greenport, New York,
party of the first part, and
STANLEY S. FRANKEL, residing at 21 Montclair Avenue, Shelter Island, New
York, /�
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party of the second pAt, IE17 .j,
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, piece or parcel of land, with the buildings and improvements thereon erected, situate,
lying and being in the
Incorporated Village of Greenport, Town of Southold, County of Suffolk and
State of New York, bounded and described as follows:
BEGINNING at a point on the northerly side of Front Street at the
tool southeast corner of the herein described premises where the same is
DIST intersected by the westerly side of land now or formerly of Socony Mobil
Oil Co., Inc., said point also being distant 89.19 feet westerly as
00400 measured along the northerly side of Front Street from the corner formed by
g the intersection of the northerly side of Front Street with the westerly
side of Third Street; running thence from said point of beginning along the
08� northerly side of Front Street South 84 degrees 33 minutes 30 seconds West
SLK 70 feet to land now or formerly of Turner; running thence along said land
North 6 degrees 04 minutes 30 seconds West 123.75 feet to land now or
039 app formerly of East End Supply Co., Inc.; running thence along said land North
LOT 85 degrees 15 minutes 10 seconds East 70 feet to land now or formerly of
Socony Mobil Oil Co., Inc., first above mentioned; running thence along
said land South 6 degrees 05 minutes 10 seconds East 122.90 feet to the
1 northerly side of Front Street at the point or place of BEGINNING.
SUBJECT to a purchase crony first mortgage in favor of the party of the
first part herein in the sum of $150,000.00, intended to be recorded
3 sitcultaneously herewith.
RNE�Q_EIVIED
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\ tAPR 3 01985
Tl RATJ TAX
SUFFfII_K
COUNTY
t 1 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 HAVE AND TO
' 1 \ 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.
AND the party of the first part covenants that the party of the first part has not done or suffered anything
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 consid-
eration 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.
IN PRESS C OF:
MARTIN C. PFE
R E C D IULiEPE A Mti'SELLA
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