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HomeMy WebLinkAboutL 8398 P 456 �I' t FF-291.,75) Standard R.Y.B.T.U. Form 8002 Bargain and Sale Deed. with Covenant against Grantor's Acre-Individual or Corporation (Single Shce() 1 CONSULTYOOUR LAWYERBEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYECS ONLY. x/ IBERS398 PAGE 456v— /' This Indenture,made the f'�f March nineteen hundred and Seventy-eight Betwean SYLVIA BEDELL LEVINE, residing at 205 Bay Avenue, Greenport, ` respect. I party of the first part,and JOHN P. MILAZZO and MICHAEL R. SEVER INO,/ res(ling .IST at 137 Kings Road, Hauppauge , New York 11787 r:nd 416 Piping Rock, Seaford, New York 11783 001 ;ECT CT party of the second part, )04.00 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 successurs t1.00K and assigns of the party of the second p:rt forever, -10.009 All that certain plot, piece or parcel of land, with the buildings and improvements thereon erected,situate,lying and bainginthe Village of Greenport, Town of Southold, County of Suffolk, LOT and Strate of New York, bounded and described as follows: )06 .000 BEGINNING at a point at the intersection of the southerly line of Bay Avenue with the westerly line of Carpenter Street and running thence southerly by and with the westerly line of Carpenter Street, 60 feet - to lands now or formerly of Florence Racket then westerly by lards last mentioned, 68 feet to lands now or formerly of the American Properties Corporation, then Northerly by lands last mentioned, 48 feet to the southerly line of Bay Avenue , then easterly by and with the southerly line of said Avenue 68• feet to the point or place of beginning. BEING the same premises conveyed to the party of the first part by deed dated January 11 , 1975 ,,nd recorded January 16, 1975 in Liber 7783 cp.472. SUBJECT to a purchase money mortgage -in the sum of $30,000.00 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 purchase price and which said mortgage is intended to be recorded simultaneously herewith. I 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 o:nte.r lines thereof; Together with the appurtenances and all the estate and rights of the Arty 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. Arid the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said pre,Tuses 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 consideration 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 pay- ment of the cost of the improvement before using any part of the total of the same for any other purpose, 'rite 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 Presence Of: 04 Sylvia Bedell Levine pp rn� ARTHUR J. FFLICE R F L O R n E U !rf 9 1418 Clerk of ^uffolk County