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HomeMy WebLinkAboutL 8431 P 231 t L''• t•r-ea IMs)Standard N.Y.6.T.U.Yorm 8002 Bargain and Bale Dana• r116 Co.aaaal aplaal Gn■Iw4 AelrlydlrWoal or Corporation (Single Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT THIS INSTRUMENT SHOULD as USED NY LAWYIRS ONLY. LIBER84 31 PAGE231 Th4Indenture,made the day of May i nineteen hundred and seventy-eight Between STIRLING BAY REDEVELOPMENT CO. INC. , a New York, plori ion having its principal office at P.O. Box 331,/Greenport, 'ew York 11944, Party of the first part,and VIRGINIA G. PERRY, residing at (no #) Spinney Road, : DIST. East Quogue, New York 11942 1001 DISTRICT SECTION BLOCK LOT SECT. party of the second pert, �,i 1 i ! L1._ 5 �. ._� )5.00 Witnesseth, that the party of the first part, id2onslderstion of Ten ppllars and other vaMble consideration:laid by the party of the second pert, does hereby grant and release unto the party of the second part,the heirs or successors BLOCK and assigns of the party of the second pan forever, All that certain plot, piece or parcel of land,with the buildings and Improvements thereon erected,situate,lying and 01.00 bgingo-ft at Greenport, in ,the Town of Southold, County of Suffolk and State of New York, bounded and described as follows: LOT BEGINNING at the intersection of the southerly side of Ludlam Place, and the easterly side of Carpenter Street; running thence along the )07.000 southerly side of Ludlam Place north 75 degrees 44 minutes 30 seconds east 113. 24 feet to land now or formerly of Samuel Webb and now or formerly of Hubbard; thence along said land south 9 degrees 14 minutes 00 seconds east 55.00 feet to land now or formerly of Fannie E. Webb; �O ) thence along said land south 82 degrees 15 minutes 10 seconds west J 114.53 feet to the easterly side of Carpenter Street; thence along the easterly side of Carpenter Street north 6 degrees 55 minutes 10 seconds west 42.00 feet to the point or place of beginning. \` Being intended to describe premises known as 420 Carpenter Street, Greenport, New York. v O) The above premises were ac uired by the..party of the first part by deed dated 9/18/76, rec6rded• 10/6/76 in Liber 8118 cp.110. This conveyance does not constitute all or substantially all of the assets of the said corporation and is made iti the regular course of business thereof; Subjectto a purchase- money mortgage in the amount of Five Thousand ($5,000.00) Dollars and interest which mortgage was executed and de- livered 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. Together with all right,title and interest, if any, of the party of the first part in and to any streets and roads abutting cc 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 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 some for any other purpose. The word "party"shall be construed as if it read"partite'whenever the sense of this indenture so requires. In Oman Whereof, the party of the first part has duly executed this deed the day and year first above written. In Presence Of: Stirling Bay Redevelopment Co. Inc. By < President u' ARTHUR n,,E RECORDED MAY 22 1978 Clcrk of Suffnik rnn�ry