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HomeMy WebLinkAboutL 7370 P 469 S,andard N.1'.R.I U F�,m 8002.9-70-70NI-5ug,, and Sale Deed. with Covenant again,, Geanror's Acre—Individual or Corporation(single sheer) \ CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. LcR 1373 c. 6 THIS INDENTURE,made the 9,71" day of �� , nineteen hundred and Seventy-three Dee; BETWEEN WILLIAM L. BENJAMIN, residing at Main Road (no number), :'tamp: Greenport, New York, :i3- party of the first part, and PHILEE REALTY CORP. , a domestic corporation of the State of New York, having its office and principal place of business c/o of ilk Riverhead Motors, Route 58 (no number), Riverhead, New York, i I i party of the second part, a `x WITNESSETH,that the party of the firs!port;ir.cc.:,i3eration of Ten Doiiai•s 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, I P ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, J\ t;.3 lying and being iaAkx near the Village of Greenport, in the Town of Southold, Suffolk 0 County, New York, generally bounded and described as follows: CZ Northerly by land of the Village of Greenport 50 feet, more or less; Easterly by land of Philee Realty Corp, and land now or formerly of Jester 450 feet, more or less; Southerly by Main Road (New York 25) 50 feet, more or less; and Westerly by land of the Village of Greenport 450 feet, more or less. BEING and intended to be the same premises conveyed by Josephine Benjamin to William L. Benjamin, the party of the first part herein by deed dated December 1, 1972, and recorded in the Suffolk County Clerk's Office on February 28, 1973, in Liber 7350 of deeds at page 549. RESERVING, however, a life estate in said premises during the lives of William L. Benjamin, the party of the first part herein and Josephine Benjamin, his wife, (fit 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 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 "part}" 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. IN PRESENCE OF: LESICR M. ALBERTSON Clerk of Suffolk County APR 2 1973 i' me RECORDED r