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HomeMy WebLinkAboutL 11236 P 506 Form 8002'5-89-28M—Bargain nod Sale Deed,with Covenant against Grantor's Acta—Individual or Corporation. (single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. NO N.Y.S. 11236P 5(0116 TRANSFER TAX STAMPS THIS INDENTURE,made the 15th day of March , nineteen hundred and ninety—one REQUIRED BETWEEN RICHARD A. WALL and ANN B. WALL, his wife , residing at 1150 Reef Road, Vero Beach, Florida 32963 A+� A. party of the first part, and THE ANN B. WALL REVOCABLE TRUST — 1990 , a Florida Trust, having its principal office at 1150 Reef Road, Vero Beach, Florida 32963 Lr ` SECTION Bl. Xw DISTRICT j ,i, party of the second part, 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, 1' lying andbeingxttSix at Cutchogue, Town of Southold, County of Suffolk and State of New York, known and designated as Lot 10 on a certain map entitled, "Amended Map A, Nassau Point" , and filed in the Suffolk County Clerk 's Office on August 16, 1922 as flap No. 156. BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by deed dated September 15, 1977 and °t r' recorded in the Suffolk County Clerk 's Office on October 6, 1977 in Liber 8321 Page 268. r� Premises are not subject to a Credit Line Mortgage. NAR 221991 CTHIS conveyance is subject to a certain mortgage held by Southold Savings Bank recorded in the Office of the Clerk of the County of Suffolk in Liber 7899 Page 407, which mortgage the party of the second part hereby assumes and agrees to pay. Said pri-acipal balance being the sum of $52 ,709. 32 with interest payable • front March 1, 1991 . co r } suFlu_Si Ax TAX MAP COi)PI i�Y DESIGNATION Dist. 1000 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 Sec. 104. 00 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 B& 13 . 00 the party of the second part forever. LotR): AND the party of the first part covenants that the party of the first part has not done or suffered anything 008. 000 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 }J 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. 11�? _ -- IN PRESENCE OF: a --- I- Richard A. Wall I - EDWARD P.ROMAINE RECORDED MAR 22 1991 KIK ofSUFFOLK COUNTY �� tinn n. vvu THE ANN B. WALL)� REVOCABLE TRUST — 1990 BY e /41� Ann B. Wall , Trustee