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HomeMy WebLinkAboutL 7318 P 26 a `Standard N.Y.B.T.U.Form 8007 Bargain and Sale Deed.with Covenant.pint,Grantor's Acre—Individual or Corporation(Sinyie Shpt) CONSULT YOUR LAWYER 51110RE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. LIBER 7318 PAGE 2� �- THIS INDENTURE, made the 3rd day of Zanuai`3t:: , nineteen hundred and seventy-tbree l BETWEEN STEPHEN ROSENBAUM, residing at 4 Robert Townsend Drive, Setauket, New York, and WILLIAM TEUBER, residing at Box 104, Middle Road, Riverhead, New York 11901 party of the first part, and T M C K ASSOCIATES a New York partnership, with offices at: 315 Walt Whitman Road, Huntington Station, New York 11746 party of the second part, WITNESSETH, that the party of the first part, in consideration of ten dollars and other valuable eonsideradw 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 Jm&K at Laurel, near Mattituck, in the Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point formed by the intersection of the Westerly side of premises of the State of New York with the northerly line of the Main Road, said point of beginning being located at the southeasterly corner of the subject premises and from said point of beginning; RUNNING THENCE along the northerly line of Main Road, South 51 degrees 58 minutes 50 seconds West, 507.16 feet to land of Chew; THENCE along said land of Chew, North 37 degrees 54 minutes 20 seconds West 401.61 feet to land of Price; CSD THENCE along land of Price the following two courses and distances: (1) North 60 degrees 24 minutes 30 seconds East 246.40 feet; (2) North 65 degrees 05 minutes 00 seconds East 170.03 feet to �± land of Graff; ' THENCE along land of Graff. North 61 degrees 36 minutes 50 seconds " i East 98.42 feet to land of the State of New York; - i THENCE along the Westerly line of land of the State of New York, South j ' 38 degrees 01 minutes 10 seconds East 310.49 feet to the northerly side of Main Road and the point or place of BEGINNING. l � BEING AND INTENDED to be the same premises conveyed to the party of the 2 first part by deed from LOUIS F. MASCARO, dated May 23, 1972 and 2' J recorded in the Suffolk County Clerk' s Office May 25, 1972 in Liber 7166 amu. a- at page 378. The above premises are being conveyed subject to a first mortgage in the C7� reduced amount of $27 ,000.00 o! This property 0is being ??conveyed subect to a second mortgage in the re- � ; �fWA�a}f fi,105tlYeW iNa°est, 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 M and all the estate and rights of the party of the first part in and to said premises;TO HAVE AND TO �j 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. z 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 cit 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. r l Fn _ IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above tr written,� 1 C IN PRESENCE OF: -' -eo� STHPHEN ROSENBAUM m A,'AL L';IATt j 'c-SATE OF * WILLIAM TEIUBER - SyPKFER TAXy;�, r -NEl'J Y 01 * Jr (1 ! n ,ci IrPer rl, 1 4 u G Y.