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HomeMy WebLinkAboutL 8779 P 432 Ilii EK� 1 !9mi Y Sundard N YET G. Form SI —la,rain and Sak D,N,with rnrenanu apim G..,.,.Ana—IndMdual ur CmW,atiun. hln,le Wan) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY THIS INDENTURE, made the 1st day of February nineteen hundred and eighty • it is o.O N BETWEEN DAVID ii^ BOSCOLA, residing at Meadow Lane, Mattituck, New York, DISTRICT SECTION BLOCK LOT Q�7 [D D CD ® CCD sparty of the grit part,and JOHN 11. HOWARD Id MARGARET D. HOWARD, his wife, both residing at 639 West End Avenue, New York, 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 with the buildings and improvements thereon erected situate, lying and being in the Town of Southold, County of Sufpfolk and State o? New York, known and designated as Lot Number 11 on a certain map entitled, "Map . of Eastern Shores" , and filed ilk The Office of the Clerk of the County of Suffolk on April 26, 1964 as Map Number 4021, said lot being more particularly bounded and described according to Sect. said map as follows: BEGINNING at a point on the westerly side of 033.00 McCann Lane where the same is intersected by the division line between lots 11 and 12 on said map, said point also being distant 590.26 feet Block southerly from the corner formed by the intersection of the westerly 03.00 side of McCann Lane and the southerly side of Sound Drive; running thence along the westerly side of McCann Lane, south 15 degrees, 55 Lot minutes 50 seconds east, 110.00 feet to the division line between 025.000 lots 10 and 11 on said map; thence along said division line south 74 degrees 04 minutes 10 seconds west, 160.00 feet to land of Klasfeld Dist. formerly of Burt; thence along said land north 15 degrees 55 minutes 1000 50 seconds west, 110.00 feet to the division line between lots 11 and 12 on said map; thence along said division line north 74 degrees 04 t�l►� minutes 10 seconds east, 160.00 feet to the westerly side of McCann Lane, the point or place of BEGINNING. Said premises also being known as 110 McCann Lane, Greenport, New York. SUBJECT TO a first mortgage held by The North Fork Bank and Trust Company in the reduced principal amount of $ ZV,JV6. 3'/ , now a lien on said premises, bearing S interest at the rate of 10k percent per annum, the principal being due 1 and payble on May 12, 1998 and with regard to said mortgage, the party of the second part in consideration of ONE ($1.00) DOLLAR and other valuable consideration paid by the party of the first part, hereby assumes all terms, covenants and payments therein. SUBJECT TO the lien of apg� %ase mQone myor gQe iveI to t e arty of the fjrs�r TOGETHER F lathrall ri httthitle �tid n Eresut if a any, tt a party gagFie firs part secure too'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. the purchase price of the premises hereby conveyed. 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 word "party" shall be construed asifit read "parties" whenever the sense of this indentpre So requires. IN WITNESS WHEREOF,the pa the first part has duly executed this deed the day and year first above written. ,1 IN PRESENCE OF: - 9 ME ,L 1 AT qv� � EB 19 91980 DAVI w. BoscolA TRA.,KFSR TAX ARTHUR J. FELICE FEB 19 1980 I. RECORDED 040111 Of Walk;Coo*