HomeMy WebLinkAboutL 7393 P 139 Standard N.Y.B.T.U.Fong 8001.7.72,70M—Bargain and Sale Peed,with Covenant against Grantor's Am—Individual or Corpmagion(Siugla shpt)
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
.Y.S. I tea 7393 ma 139
ransfer Ta> THISINDE HIRE,made the 3rd day of May , nineteen hundred and seventy—three
7 . 70 BETWEEN
LEONARD C. EMMA, residing at (no number) Briarcliff Road,
7 Shoreham, New York,
S–
party of the first part, and INLAND HOMES, INC. , a domestic corporation with
office and principal plat— eo— business at 432 Middle Country Road,
Selden, 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, iRtR� $ pg situate, e
!ying¢nabeinghDdw at Laurel, in the Town of Southold, County Of`Suffolk
and State of New York, known and designated as Lot #24 on a certain
X ;.
�I "Map of Laurel Country Estates, " and filed in the Suffolk
�l map entitled,
County Clerk' s Office on June 22, 19?0 as Map Number 5486.
SUBJECT to covenants and restrictions of record affecting said
premises. j
`71 i
SUBJECT to a first mortgage held by Cecil T. Young, dated July 25, v"
t:
1969 in the amount of $78,750.00 and recorded in the Suffolk County a
Clerk' s Office on July 28, 1969 in Liber 5651 of mortgages at page 291 ,
and on which said mortgage there is now due and owing the principal
sum of $10,250.00 and interest. ,
a .. •i
j
a
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and f
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.
4
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. a
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 g
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.
CIV REAL
PRESENCE OF: '
REAL ESTATE ' ' STATE OF
�z TRANSFER TAX {I �r ;':NFIV Ct K Or
"- ttcpl cf � .%, * Leonard U. Emma
ria 70
E F[rBn[Q, FB.0945
h