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HomeMy WebLinkAboutL 9741 P 389 Standard N.Y.B. Form 8005—IOM Executor's Beed—Intlividaal or Corporation(single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT — THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY THIS INDENTURE,made tMe day of February , nineteen hundred and Eighty-five BETWEEN as of the 15th 74 Dougall C . Fraser, residing atANassau Point Road, Cutchogue, New York, and Chemical Bank, ofNewYork, New York, �r30 V&ck� as executors of the last will and testament of Hertha L. Fraser , late of fvO# Nassau Point Road, Cutchogue, New YorK deceased, party of the first part,and Suffolk County Charles E. Fraser, residing at 8 Mindy Lane, Westbury, New York, �,5� OISTRtCT SIt^'TIr, 8 CCK LOT party of the second pa C7 tj b :. 6 s I WITNESSETH, that the&arty of the firjgpart, by virtue of th er ancTauthorltr given in a-nd by �d last will and testament, andin consideration of"`Four Hundred Twenty Three Thousand and 00/100 ($423 ,000. 00) dollars, and � . other good and 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 t .forever, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being ink T>Ilp�'U all those certain lots , pieces or parcels of land, situate, lying and being at Nassau Point, Town of Southold, Suffolk County, Section New York, and known and designated as Lot Number Fifty-five (55) 118 . 00 on map entitled "Amended Map A of Nassau Point, owned by Nassau Block Point Club Properties, Inc. , situate in the Town of Southold, 04. 00 Long Island, N.Y. " surveyed June 28 , 1922, by Otto W. Van Tuyl , Lot C.E . & Surveyor, Greenport, N.Y. and filed in the office of the 001 . 000 County Clerk of Suffolk County, N.Y. August 16, 1922, File No. 156 . RT=-.I_ ESTATE FEB 2 61985 TRA NI Qlorr-li K 4 GO' E NT 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;TOGETHER with the appurtenances, and also all the estate which the said decedent had at the time of decedent's death in said premises, and also the estate therein, which the party of the first part has or has power to convey or dispose of,whether individ- ually, or by virtue of said will or otherwise; 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. AND the.party of the first part covenants that the party of the first part has not done or suffered anything whereby thesaid premises have been incumbered in any way whatever, except as aforesaid. AND the party of the first part, in compliance with Secticn 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 asa trust fund to be applied first for the purpose of paying the cost of the improvement and will apply i the same first to the payment of the cost of the improvement before using any part of the total of the,same for L any other purpose. The word "party' shall be construed as if it read "parties" whenever the sense of this indenture so requires. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the clay and year first above written. `•S IN PRESENCE OF: r y 4' V✓ Do gall C. Fraser Chetnical Ban1r Officer RE r8 l $ Executors of the Last Will_ Il and Testatment of Hertha L. Fraser, deceased