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C ri THIS 1NDENTME,madetbe 14th dayof November , nineteen huudredandseventy—four >
ti .F'` BETWEEN
JOSEPH C. CORNELL CONSTRUCTION CORP. , a corporation organized under
!' and existing by virtue of the business corporation law of the State
of New York, having its principal office at 750 Clearview Avenue,
Southold, New York 11971
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party of the first part,and
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ALFRED CAIOLA and ANGELA CAIOLA, his wife, both residing at ,
1605 Crosby Avenue, Bronx, New York 10400
party of the second part, �
WITNESSETH than the partv of the first part, in conF.iderationof t
i Ten ($10.00)--------------------------------------------------dollars,
.,
lawful money of the United States, paid Al
by the party of the second part, does hereby grant and release unto the parry 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 Suffolk and State of New
York, known and designated as Lot No. 5 on a certain map entitled,
"Map of Shorecrest" , and filed in the Office of the Clerk of the
County of Suffolk on April 6, 1971 as Map No. 5584.
BEING AND INTENDED TO BE the same premises conveyed to Joseph C.
Cornell Construction Corp. by Joseph Clifford Cornell, by deed
dated February 16, 1973 recorded in the Office of the Clerk of the a°
County of Suffolk on March 2, 1973 in Liber 7352 at page 525. s
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This rnnveliance is n;wde ;;, the regular course of business actually
conducted by the party of the first part.
REtk ESTATE STATE OF
�, . TRANSFER tAX c` ta:►�� YORK '
Dept. a
q1/f� "
.p laicChhl4e(NOWS 2� + L. V. 3 Jr *. t
._a : . _� ♦:_ , — LISTER M. ALBERT
R, co.R,oFoQV- 5 . .�r„
X7751 44
�i T'OGET'HER 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,
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TOGETHER with the appurtenances and all the estate and rights of the party of the first part in and to
jsaid premises,
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TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, the heirs or
!I successors and assigns of the party of the second part forever.
n
The grantees herein, Alfred Caiola and Angela Caiola, his wife,
herebelow affix their signatures to this instrument evidencing their
li agreement to assume and pay the existing mortgage on the premises
described herein which was made to the Southold Savings Bank by r
Joseph C. Cornell Construction Corp. , the grantor herein, dated '
!; February 16, 1973 and recorded March 2, 1973 in the Suffolk County „
Clerk' s Office in Liber 6654 at page 351, on which the present
remaining principal balance is $33, 200.00 with interest paid to
November 14, 1974.
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AND the party of the first part covenants that the party of the first part has not done or suffered anything E
whereby the said premises have been incumbered 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
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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 ripply
i; 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. i
The word "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires.
i IN WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above ,
ii
lwritten.
IN PRESENCE OF: JOSEPH C. CORNELL C NSTRUc ION, CORES:
° by
e C. Cornell, President
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Alfred Iola
Q_ / 4-04 LS F
Mq�elf Caiola
LESTER M. ALBERTSON