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HomeMy WebLinkAboutL 8954 P 215 PF 281677)Standard N.Y.B.T.U.Form 8002 Bargain and Sole Deed.with Covenant against Grantor's Acts-Individual orILorporation tSinglu Sheat) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHWLD BE USED BY LAWYERS ONLY. 19030 t �- �E�&954Pa�E215 i � This Indenture, made the day of January nineteen hundred end eighty-orle Between SADDLE PORT CORP. , a New York Corporation, having its office at 403 Main Street, Greenport, New York 11944 a� _ party of the first part, and EDWIN F. FOY, residing at 19 Front Street, Greenport, New York 11.944, and GEORGE MIHAILIDIS, residing at 151 Rowe ton Avenue Rowayyton Con ut 06851,r)-, Y DISTRICT SFCTIO-N�-�� �eL 3r Sf a party of the second part, O / IL[� I(5 1 �7� 0] Zi L� —+ Witnesseth,that the party c*the first part,,Wconsideration of Ten Uolisrs 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, AN that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and DIST. beingintheVillage of Greenport, Town of Southold, County of Suffolk and 1001 State of New York, bounded and described as follows: SECT. BEGINNING at a point on the westerly side of Main Street distant 23.58 406 corner northerly as measured along the westerly side of Main Street from. corner formed by the intersection of the westerly side of Main Street and the northerly side of South Street; thence south 84 degrees 59 BLOCK minutes west along land of Clinton Hommel, Inc. , 131.37 feet to land 07,00 of the Village of Greenport; thence along said land north 7 degrees 00 minutes 40 seconds west 21.98 feet to land of Greenport Ice Co.Inc. ; thence along said land the following two courses and distances; LOT (1) north 84 degrees 44 minutes 20 seconds east 28. 74 feet; (2) north Ou 7 degrees 01 minutes 40 seconds west 22 feet to a right of way; thence ` along said right of way north 84 degrees 44 minutes 20 seconds east 102.6 feet to the westerly side of Main Street; thence along the N westerly side of Main Street south 7 degrees 01. minutes 40 seconds �\ east 44. 54 feet to the point or place of beginning. %3) Being the same premises conveyed to the party of the first part by deed dated March 15, 1976, recorded in Liber 8006 cp. 295 on March 23, 1976. Subject to a purchase money mortgage in the amount of $80,000.00 which mortgage was executed and delivered by the party of the second part to the party of the first part as security for a portion of the pur- -j chase price and which said mortgage is intended to be recorded simul- V taneously herewith. The conveyance of the property herein described does not constitute all or substantially all of the assets of the corporation and this conveyal is made in the regular course of business of this corporation. 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 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 th is conveyance and will hold the right to receive such consideration as a trust fu nd to be applied first for the purpose of paying the cost of the improvement and will apply the same fi rst to the paym ert of the cost of the improvement before using any part of the total of the Game 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. M PRESENCE OF: 30 RE�OUVILO $--�a-1 .R. Saddle Port Corp. REAL ESTATE _ FEB 2 1961 BY �. L�i� -•�..1- ' . wFf K 4 ti, ARTHUR J. FELICE e" R CrC O R D E Q FEB 2 198f Clerk M Sutfotk County