HomeMy WebLinkAboutL 7894 P 414 B��78�4 F,�,A14
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CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD 91 USED BY LAWYERS ONLY
1 THIS INDENTURE, made the 3o day of nineteen hundred and seventy—five
y R�t BETWEEN
EUGENE H. BAILEY, JR. and FLORENCE C. BAILEY, his wife, both
residing at (no number) North Country Road, Wading River, New York 11792,
party of the first part,and
ROBERT E. BAILEY and JANET LYNN BAILEY, his wife, both residing
at 6515 Peconic Bay Boulevard, Laurel, New York 11948,
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 ktdWX at Laurel, Town of Southold, County of Suffolk and State
of New York, bounded and described as follows:
11 BEGINNING at a monument set at the intersection of the northerly line of
Great Peconic Bay Boulevard and the westerly line of lands of Lawrence A.
Holfelder, formerly of Carlton M. Prankard, Laurel, N .Y.; running thence
North 41 degrees 36 minutes 10 seconds West by and along the westerly line
of Holfelder's lands through a monument ?_50 feet to land of Pollak; running
thence along the southerly line of land of Pollak, South 48 degrees 23 minutes
50 seconds West, 100 feet to lands of Wilbur July; running thence South 41
li degrees 36 minutes 10 seconds East by and along the easterly line of lands
of Wilbur July, 250 feet through a monument to a monument set on the
northerly line of Great Peconic Bay Boulevard; running thence 48 degrees
23 minutes 50 seconds East by and along the northerly line of Great Peconic
Bay Boulevard, 100 feet to the monument at the point or place of beginning.
TOGETHER with a right of way in common with others from Great Peconic
Bay Boulevard to Great Peconic Bay over a strip of land twelve feet in width
lying between the westerly line of lands of Edward H. Stoehr and the easterly
line of lands formerly of Higgins, later of Carlton M. Prankard and now of
George F. Hamill.
BEING AND INTENDED TO BE the same premises conveyed to the parties of
A the first part by deed recorded on November 29, 1972 in the Suffolk County
Clerk's Office in Liber 7292 at page 227.
The grantees hereby agree to take subject to, and to assume the payments
of a mortgage held by Southold Savings Bank originally in the amount of
$21,000, which mortgage was executed on November 2nd, 1972.
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 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,.' compliance with Section 13 of the Lien Law, covenants that the party of
the first part will receLLve the d*w ration for this conveyance and will hold the right to receive such consid-
eration as a trust fu rRf to be ii p`Tied first for the purpose of paying the cost of the improvement and will apply
the same first to tent of thNc6,gt of the improvement before using any part of the total of the same for
any other pur 41 ;:'
The word "paR ghArp`be''c6ristrued as if it read "parties" whenever the sense of this indenture so requires.
i/W
IN WITNESHEREOF;the party of the first part has duly executed this deed the day and year first above
written.
v Robert E. Bailey Eu e H. Bailey, Jr.
~1 �Vvt,e` 'LESj ER M. ALBERTSON� ,
. :— —
n e^t_.a. _r �_r. .r 0,i Bbtfley .