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HomeMy WebLinkAboutL 8032 P 20 ✓ �p �unX i CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY �\ THIS INDENTURE madethe 7th day of May nineteen hundred and severity-six BETWEEN GREENPORT PLAYHOUSE, INC . , a New York corporation (In Dissolution) having an office at 115 Middleneck Road, Great Neck, New York 11021 !� I party of the first part, and PAWLING VIEWS, INC. , a New York corporation, / having an office at 420 Lexington Avenue, New York, New York 10017 party of the second part; " �r 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, docs 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, itrri-rrn , J 6 ALL that certain piece, parcel or tract of land , situate, lying and being in the 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 southerly side of Front Street , which said stake is distant 67 feet from the intersection formed by the easterly side of Third Street with the southerly side of Front Street ; thence running along the southerly side of Front Street , north 840 33 ' 30" east 67, 50 feet to land now or formerly of Mascony Transport • CAO and Ferry Service, Inc . ; Q thence along said last mentioned land south 40 50' 20" east 140.33 feet to land now or formerly of American Legion: r„ ' thence along last mentioned land south 830 20 ' 0" west 67. 50 feet to land now or formerly of Mascony Transport and Ferry Service , Inc . ; thence along said land now or formerly of Mascony Transport and Fetrtr Shhrvice, Inc novth 40 51 ' 20" west 141 78 Feet to a stak jGII7 Ge southerly side of Front Street , the point orplace oy BEING the same premises described in and conveyed to the grantor herein by deed dated October 27, 1932, and recorded in tate Suffolk County Clerk's Office on December 2 1932 in Liber 1686, Page `V 402, of Conveyances ; also known as the Greenport: Theatre Property, I Greenport , New York . The party of the second part has simultaneously herewith executed and delivered a purchase money first mortgage in the sum of itFifty Thousand ($50, 000. 00) Dollars intended to he recorded S4 multaneously herewith . This conveyance has been made with the unanimous consent in writing of all the stockholders of the party of the first part . j TOGE.TTIER with all right, title and interest, if any, of the party of the first part, in and to any streets :md a roads abutting the above-described premises to the center lines thereof; TO(;i.'1'j Iba: with the appurtrnurces and all the estate and rights of the party of the first part in and to said prrmisrs; TO HAVF ANT) 1tl HOLD the premises herein granted unto the party of the second part, the heirs or successors and assign. of the party of the second part forever. ANI) the party of the first part, in compliance with tieclinn 13 of the Linn Law, covenants that the party of I the first part will receive the consideration fur this ronkmoi( c and will hold the right to n•celve such cnu•ad '1 nation as a trust fund to be applied first for the purpose of paying the cost of the nnprovrment :m:l 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 purlxx:. The word "party" shall be construed as if it read "parties" whenever the sense of this indenture sn require.. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. Ix PRESENCE or : GREENPOPT P(,AYHOUSI?, INC, (In Dissolution) By� -- V 7Lce Tj;e; en 1.