HomeMy WebLinkAboutL 10111 P 249 PF 29 (12/79) Standard N.Y.B.T.U.Form 8002 Bargain and Sale Deed,with Covenant against Grantor's Acts-]ndividu a I or Corporation is,ng las heel)
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This Indenture, made the 2 8 day of ,Qu nineteen hundred and eighty-six
p\r Between Kevin Stakey, residing at 1700 Aldrich Lane, Laurel, New York
4\ 11948
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party of the first part, and Kevin Stakey and Catherine F. Stakey, his wife,
residing at 1700 Aldrich Lane, Laurel, New York 11948
DI15I,1RICT SECTION SLOCK LOT
S LT7 = ® CLT�J-�TLT
J� ,/arty of the second part, 8 12 17 21 26
'- Witnesseth,that the party of the first part,inconsideration of Ten Dollars and other valuable consideration paid by
thepartyof thesecond part,does herebygrantand 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
being4lri-tho. at Laurel, Town of Southold, County of Suffolk and State of
1000 New York, known and designated as Lot 7 on a certain map entitled,
125.00 "Map of Laurel Estates East, Section One" and filed in the Office
1.00 of the Clerk of the County of Suffolk on April 4 , 1985, as File No.
002 .016 7870.
This conveyance is subject to and assuming a mortgage made by
Kevin Stakey to The North Fork Bank & Trust Company dated
April 25, 1986, in the principal sum of $50, 000. 00, recorded at
Liber 11573, Page 382 on April 30, 1986 , and thereafter Extended
by Agreement dated June 26, 1986, recorded at Liber 11737, Page 351
on July 1, 1986, on which mortgage there is now due and owing I
the sum of $49, 875 . 07 and interest from July 26, 1986, which the
party of the second part, or grantee, agrees to assume and pay.
RECAVED
HEAL ESTATE 1
f
AUG 28 9W
TRANSFER TAX I
SUFFOLK }
s COUNTY
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 and all the estate and
rights of the party of the first part in and to said premises;To HaveAnd 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 thatthe party of thefirst part has not done or suffered anything wherebythe
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 rightto 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 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.
IN PRESENCE OF:
L.S.
4�4
KEVIN STAK �—
1.
CATHERINE F. STAKEY
RECORDED �. _ JULt M A KINSELLA
I AUG1!18 1986 t Clerk of Suffolk