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HomeMy WebLinkAboutL 7525 P 4 LIBER 7525XPACE 04 �y Standard N.Y.B.'TX. Form 8002-6-63—Bargair,and Sale Deed with Covenant against Grantor's A,ts—Individual or Corporation(single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE, made the If' day of October nineteen hundred and seventy-three BETWEEN NEL REALTY AND DEVELOPMENT CORP. , a New York Corporation with an office at 4175 Veteran.,, Highway, Ronkonkoma, New York, party of the first part, and WILLIAM ORR, 5001 Iselin Avenue, Riverdale, New York 10471 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, 0 ALL that certain plot, piece or parcel of land, with the buildings and improvements tkereon erected, situate, lying and of of c � and State of Newin the lYork,oknowneandrdesignated as Lotl55,onoancertainumap entitled, "Map of Sterling Manor, " and filed in the Suffolk County Clerk' s Office on June 18, 1873 as Map No. 53, said lot being bounded and described as follows : BEGINNING at a point on the Northerly side of Bridge Street where 1 same is intersected by the division line between lots 4 & 5 on said map, said point being distant 192. 27 feet Easterly, as measured along the Northerly side of Bridge Street, from the corner formed by its - intersection with the Easterly side of Main 6treet, and running THENCE along said division line North 17 degrees 47 ' 50" West 140. 56 feet" ta` the Southerly line of land shown on the Map of Sixty Lots at Greenport belonging to John G. Champlin (filed in the Suffolk County Clerk ' s Office on Oct. 23, 1873, asffMap No. 337 . ) ; THENCE along the last mentioned map line North 74 degrees Bd ' 20" East 40.00 feet to the Westerly line of Lot 6 on the aforesaid map of Sterling Manor; THENCE along Lot 6 aforesaid South 17 degrees 54 ' 20" East 140.57 feet to the Northerly line of Bridge Street; and THENCE along the Northerly side of Bridge Street Souter 74 degrees 07 ' 00" West 40. 27 feet to the point or place of beginning. BEING and intended to be the same premises conveyed to the Se 1� r herein by deed dated July 21, 1972 and recorded in the office of the Clerk of the County of Suffolk onJuly 28, 1972 in Liber 7208, page 58. SUBJECT to a first mortgage held by Oscar Goldin with a principal balance of approximately $3, 894. 56 which mortgage and interest to accrue thereon the party of the second part hereby agrees to assume and pay. SUBJECT to a purchase money second mortgage in the principal amount of $5, 500.00 THIS conveyance is made in the regular course of business actually conducted by the party of the first part. TOGETHER with all right, title and interest, if any, of the party of the first part of, 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 acid ppremises; TO HAVE AND TO HOLD the premises herein granted unto the party of the second part, the heirs or suceemra 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 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 ,r yf.;l 7 - written. � C 2 IN,PRESENCE OF: NEL R- LTY DEVELOPMENT,4 - Lr, res 1 en-- "In n}!y � Ll� 13 � R C NOV 7 i93 IESER M. �! _r.i i P1 _....�A Clerk of Suffolk County sem, _..__. ..,.�.a..�...