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HomeMy WebLinkAboutL 10410 P 114 7- S Form 8002-1-87-20H —Itarpnin oud Sale Deed, with Covenant against Grantor',Acta—Individual or Corporation, (single sheot) CONSULT YOUR LAWYER BEFORE SIGNING THIS..INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. r 10410 K114 5 83 THIS INDENTURE,made the ZZ day of August , nineteen hundred and eighty—seven BETWEEN GLENN PAPISH AND NINA FENTON PAPISH, his wife, both residing at P' 1, New York 470 Laurelwood Drive, Laurel �1TT 4LCT1L3N RI.^.�►' r Y*JYrr'' 1 r�� 771, C?61 i..T. L_ t J r ; r♦ party of the first part, and NINA FENTON PAPISH, residing at 470 Laurelwood Drive, Laurel, New York 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, lying and being isxlk c at Laurel, Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 25 on a certain map entitled "Map of Laurelwood Estates," Laurel, Town of Southold,Suffolk County, New York, Survey completed July 15th, 1969, by Van Tuyl & Son, and filed in the Office of the Clerk of the County of Suffolk on May 17th, 1971 under File No. 5595. BEING AND INTENDED to be the same premises conveyed to the parties of the first part by deed of Otto Wittmeier and Nancy Wittmeier dated May 18th, 1982 and recorded in the office of the Clerk of the County of Suffolk on June 2nd,1982, in Liber 9191 of Conveyances at Page 376. SUBJECT TO a mortgage dated November 24th,1975 made by Otto Wittmeier and Nancy Wittmeier, his wife to the North Fork Bank & Trust Co. in the principal sum of $50,000.00 and recorded in Liber 7493 of Mortgages, Page 514, in the Office of the Clerk of the County of Suffolk on December 1st, 1975, and a mortgage dated May 27th, 1982 made by Glenn Papish and Nina Fenton Papish, his wife, to the North r Fork Bank & Trust Co. , in the sum of $32,457.40 and recorded in Liber 9270 Page 318 ( on June 2nd,1982, and which two mortgages were consolidated into one single lien in the sum of $75,000.00, and extended by Consolidation and Extension Agreement dated May 27th, 1982 and recorded June 2nd, 1982 in Liber 9270 Page 322 and which mortgage was further extended by Extension Agreement dated March 31st, 1986 in the sum of $71,304.17 and recorded on May 19th, 1986 in Liber 11623 Page 69 and by Uxtension Agreement dated January 27th, 1987 in the sum of $69,904.80 and recorded on March 16th, 1987 in Liber 12629 Page 592. d: TAX MAP 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 127.00 roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances Seg. 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 [ilk 07.00 the party of the second part forever. Lot(s): 005.000 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 consid- eration 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 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. 5183 1�3P1YF]CftRx ' ( RE QED NL C (Glenn P ish) -- _ REAL ESTATE ♦. SEPfR > a ._-^I t Fenton Papish) �2C�V{�iJ l.lJ SEP :,i!.i r� 3 19x7