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HomeMy WebLinkAboutL 10266 P 29 A. COt"LT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY 16266 PC 29 THIS INDENTURE,made the 5th day of January , nineteen hundred and mighty-seven BETWEEN GREENPORT SHORES, INC. , a New York Corporation having its principal office at No. 358-B Mid-Island Plaza, Hicksville, New York, party of the first part, and Walter G. Stackler, of 2613 No. Ocean Boulevard, Gulfstream, Florida 33444, as to an undivided 24/50th interest; Estate of Leonard L. Frank�'of 358-B Mid-Island Plaza, Hicksville, New York 11802, as to an undivided 24/50th interest; Ida M. Stackler; of 2613 No. Ocean Boulevard, Gulfstream, Florida 33444, as to an undivided 1/50th interest; and Eleanor O. Frank of 830 Bryant Avenue, Roslyn Harbor, New York 11576, as to an undivided 1/50th interest. All of the above being tenants in oomnon. party of the second Of RICT� T SECTION BLOCK '�� LOT((� 3—� WITNESSETH,tha to id io ea �rs�vai+afJleaonBderatioR 3 ( paid by the party or t seeon part,4Ees hereby grant and ( ease unto the pat�l of the second pagBthe heirs or successors and assigns of the party of the second part forever, F4111 Alda that certain plot, piece or parcel of land, with the buildings and improveracu is thereon erected, situate, lying and being in the Village of Greenport, Town of Southold, County t3' of Suffolk, State of New York, bounded and described as follows : DIST. 1000 SEE 0(.BEDLILE A ANNE=. SEC. 047.00 BI= 01.00 LOTS 001.000 second - S. 3s•-l9'-so•-e.-- 16.50 teotl Chance Thicd - N. s4•-40'-10•-e:--405.76 foott thence to oil.600 on A eu to the right having a ca4lu6 of 7433 feet a distance of 934.77 t to land no or focmarly of Long Island oyster ?arms, Ine.l thanca 41009 cod now Of tocma of Long Island Oystoc Perms, Inc. S.-6•-19'-70•- 979.77 taut to ordinary high water sack of Peconic Ay or Pipes Cove, than in A southwesterly dlcoctlon along ordinary, hi wacur mark C1 4 S O about 7700 feat, th eu northwesterly along ordinary high watac act to a 0 J od e4rtal4 inlet, about taut to Ilia CC"mkl chance In • genet northerly airwetion along the ems ly Sikora of said Croak, about 70 toot to Cho point Up;1 of beginning. - O c, Continuing 41.574 as by survey. Togathuc with a cart eight of way SO t in width Ecom Rain Road to Northeast cocnar of this pacer las In income rods). Together with all eight, title and interest In said R )road cl of way. All the c1911t, eitlu and in coat f any, of the graneor6 of, In and to thu land dosccibud in Parcel No, 7. Ruing toemeely a part of al No. 1 above doseribud, but now An is an'—C A odd easwcly by the Inlat pacat this parcel from Parcel No. 1 southwcly by Peconic Ray or Pipes vel waste by the old Inlet And Nocthacly by the ccuok. Continuing one and fty-four hundredths .541 acre. Together with all right, titlu and inter to Pace to Ray or Pipe ova and in said inlet adlacoat to parcela I an 7 and in meld Railroad Right way and said Cceuk, to the cants limo cher TOO" thea h the reaerwatlnb contained In dead m ?red Ronik and othece to Posc Rr Company, Inc., dated Juna 70th, 1939, an acordad In Sat folk County arks allies on July 11th, 1939, in Linde of 70 of dood ac Page 161. eluding thoesfrom all lands heretofore conveyed by the p y of the Elco c. This conveyance is sada pursuant to • Plan of Liquidation adopt un r Section 333 Ot the Idteenal Revenue Coda and pueouant to approval of S 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, TQEETHER with like 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 succcssors 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, 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 any other purpose. The wonl ")any" shall be construed as if it read "parties' whenever the sense of this indenture so requires. 1N WITNESS WHEREOF, the party of the first part las duly executed this deed the day and year first above written. It+ PRRsel+ce or: 32527 J.y GREENPORT SHORES, INC., REAL ESTATE By. --------- REAL n F an Vice President L MAR- 9 1987 7RANSfr R TAX 13 \L __ OlJrrw...- 'r, SacruLary Q,�'Pr+g l(�1AR 9 1987 l U 7TE A. KINSELLA 10266 PE :31 . i SCHEDULE A. i Parcel No. 1. Beginning at a point on the southerly line of Right of Way of Long Island Railroad Co. at the centre line of a certain gutter or Creek dividing land formerly of Albert Sill on the west from land herein described running thence along said southerly line of Railroad Right of Way thru courses as follows: First - N. 540-40'-10'-E.---259.28 feet; thence Second - S. 350-191-50'-E.---16.50 feet; thence Third - N. 54'-40'-10'-E.---405.26 feet; thence ' on a curve to the right having a radius of 2832 feet a dis- tance of 934.77 feet to land now or formerly of Long Island Oyster Farms, Inc. ; thence along land now or formerly of Long Island Oyster Farms, Inc. S.-6'-19'-20'-W. 929.73 feet to ordinary high water mark of Peconic Bay or Pipes Cove, thence in a southwesterly direc- tion along ordinary high water mark about 2200 feet, thence northwesterly along ordinary high water mark to a certain in- 54- let, about 60 feet to the Creek; thence in a general norther- ly direction along the Easterly shore of said Creek, about 2000 feet to the point of beginning. PIC \ Continuing 41.574 acres by survey. �r °r Together with a certain right of way 50 feet in width from Main Road to Northeast corner of this parcel (as i in former deeds) . Together with all right, title and inter- est in said Railroad right of way. All the right, title and interest, if any, of the grantors of, in and to the land described in Parcel No. 2. Being formerly a part of Parcel No. 1 above. described, but now an island formed easterly by the inlet separating this parcel from Parcel No. 1 southerly by Peconic Bay or Pipes Cove; westerly by the old inlet and Northerly by the Creek. Continuing one and fifty-four hundredths (1.54) acre. Together with all right, title and interest in Peconic Bay or Pipes Cove and in said inlet adjacent to parcels 1 and 2 and in said Railroad Right of way and said Creek, to the centra lines thereof. Together with the reservation contained in deed from Fred Ronik and others to Post Brick Company, Inc. , dated June 20th, 1939 , and recorded in Suffolk County Clerks Office on July 11th, 1939, in Liber of 2015 of deed at page 161. Excluding therefrom all lands heretofore conveyed by the party-3f'-E 11!o f irst part. This conveyance is made pursuant to a Plan , of Liquidation adopted under Section 333 of the Internal Revenue Code and pursuant to approval of 100% of the shareholders thereof. KMRDf* 9 1987 �uUE'fTE A. KtNSELLA