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HomeMy WebLinkAboutL 8465 P 188 FF-"(e/re) Standard N.Y.B.T.U.Form 9002 Bargain and Sale Deed- with Covenant against Grantor'•Aetrindivhlnsi or Corporation (Single Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY. This Indenture,made the day of July ,nineteen hundred and seventy–eight, Batman RICHAR 13L&9ftON, >�ifl� it J k pp Street LOT street number) , Dist. ( .. 1000IJ Im -L�L_J New Suffolk, e 12 -Sec. 17 26 035.00 patty of the first part,and NORTH FORK EQUITIES, INC. , a New York corporation, with principal place of business at North Road (no street number), Block Southold, New York, 05. 00 Lot 007. 00 gym'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, atId� rtjFgggypR7Dtplksituate,lying and beinginthe Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 80 as shown on a certain map en- titled, "Map of Cleaves Point, Section 3", filed in the Office of the Clerk of the County of Suffolk on June 14, 1966, as Map Number 4650. TOGETHER with beach rights in and to that area adjoining Gardiner' s Bay designated as "Reserved for Beach Area" on a certain subdivision map filed in the Office of the Clerk of the County of Suffolk on September 10, 1957, as Map No. 2752. TOGETHER with an easement of ingress and egress over all roads shown O on the filed subdivision maps, including those leading to the "Reserved for Beach Area" hereinabove described. 6) TOGETHER with an easement of ingress and egress from the premises above described to the nearest public highway. SUBJECT to covenants, restrictions, reservations and agreements of record, if any. SUBJECT to a first mortgage in the original principal sum of $7, 000.00, now reduced to the sum of $4, 786.99, together with interest thereon at the rate of 8 1/2% per annum from June 28, 1978, 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 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. 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 consideration 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 pay- ment ayment 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. In Witness Whereof, the party of the first part has duly executed this deed the day and year first above written. Presence OF: ZI : , /A cn- 1 Richard M. Cron L ARTHUR J. FELICE