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HomeMy WebLinkAboutL 8025 P 417 tstF 5025 1.1l � ` r I pl 30-(5174) Standard 1. 0,v. Form 8007 Bargain and Sale Deed, with Covenant egdusl Gmatora Arb-ludiridual or Corporation "Y�Y�JJr' ll CONSULT YOUR LAWYER REPORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD EE USED BY LAWYERS ONLY. THIS INDENTURE,made the 28th dayof April nineteen hundred and seventy-six BETWEEN EARL D. TEMPLETON and MARGARET N. TEMPLETON, his wife, both residing at no number Peconic Bay Boulevard, Laurel, New York, ►ra party of the first part,and JACK KLEID, residing at 88 Sandy Court, Riverhead, New York, k party of the second part, WITNESSETH,that the party of the first part,inconsideration of TEN AND 00/100 ----------------------- -------------------------------($10. 00)----------------------- -----------------------------------------------------($10. 00)----------------------- dolls°, lawful money of the United States, 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 succes. sors and assigns for the party of the second part forever, ALL that certain plot, piece or parcel of land,sel k1heAudWingeatbd xemeAtR R thk situate,lying and beingtaxbter at Laurel, Town of Southold, County of Suffolk and State of New York, more particularly bounded and described as follows: BEGINNING at a monument set at the intersection of the Southeasterly line of Peconic Bay Boulevard with the Easterly line of the land now or formerly of Robert A. Potdevin, and which monument is the following courses and distances from a monument set at the intersection of the Northwesterly line of Peconic Bay Boulevard with the Easterly line of Delmar Drive; (1) North 39°13 '25/1 East 477. 84 feet across Peconic Bay Boulevard, and running thence from said point of beginning, North 32054'20'[ East along the Southeasterly line of Peconic Bay Boulevard 108. 08 feet to a monument and land now or formerly of L. Plechavicius, formerly of Frederick Russell; thence South 14059120" East along the land now or formerly of L. Plechavicius 250. 00 feet to a monument and land conveyed this day to Dorothy Baron Kleid; thence South 7500014011 West along the land of Dorothy Bron Kleid 80. 52 feet to a monument and land now or formerly of Robert A. Potdevin; thence North 14°53'0011-West along the land now or formerly of Robert A. Potdevin 177. 54 feet to the point or place of beginning. The above described parcel of land is conveyed subject to a xight-of-way over the followin described parcel of land: BEGINNING at the monument at the Northeast corner of the above described parcel of land and running thence from said point of beginning South 1405912011 East along the land now or formerly of L. Plechavicius 250. 00 feet to a monument and land conveyed this day to Dorothy Baron Kleid; thence South 75000'4011 West along the land of Dorothy Baron Kleid 15. 0 feet to a point; thence North 1405912011 West through the above described parcel of land 236. 44 feet to a point in the Southeasterly line of Peconic Bay Boulevard; thence North 3205412011 East along the Southeasterly line of Peconic Bay Boulevard 20. 22 feet to the point or place of Beginning. BEING AND INTENDED TO BE part of the same premises conveyed to the parties of the first part by a deed from Daisy F. Furman dated April 4, 1949, recorded in Suffolk County Clerk's Office in Liber 2935 cp 592 on April 4, 1949. c P ,u �(BE�8(J25 This conveyance is made subject to the following; (1) Mortgage dated 6/19/61 made by Earl D. Templeton and Margaret N. Templeton, his wife, to Franklin National Bank of Long Island, in the original amount of $19, 000, t recorded 6/21/61 p ' / 1/61 in Liber 3646 mp 537, which mortgage was thereafter assigned to Walt Whitman Federal Savings and Loan Association by assignment dated 6/1/62, recorded 7/3/62 in Liber 3885 mp 379, (2) Mortgage dated 4/15/63 made by Earl D. Templeton and Margaret N. Templeton, his wife, to Walt %itman Federal Savings and Loan Association in the original $mount of $ 3, 549. 06, recorded 4/19/63 in Liber 4083 mp 227, . (3) Mortgage dated 1/7/69 made by Earl D. Templeton and Margaret N. Templeton, his wife, to Walt Whitman Federal Savings and Loan Association, in the original amoun of $6, 211. 95, recorded 1/15/69 in Liber 5536 mp 458, which mortgages were consolidated in the instrument dated 1/7/69 hereinbefore referred to so as to form a single first lien in the consolidated amount, of $23, 500. 00 on which mortgage there is' now due a principal balance of $18,566, 74,with interest at the rate of seven and one- qua.rter ( 7 1/4%) per cent.per annum from April 1, 1976, t