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HomeMy WebLinkAboutSterling Harbor Marina/Preston II sooaam N.I R I u. F",�„ IM21, 1nM —na,aam a,.a sale n.,:a, i� r....,,a,.�, g:,i,pt In nrun�,Au,-buliv ltlual nr lni pnuuun. burgle.Lro,j CONSULT YOUR LAWYER BEFORE SIGNING THIS I NSTRUMENT.THIS I NSTRUM ENT SHOULD BE USED BY LAWYERS ONLY THIS INDENTURE, made the 25th day of November , nineteen hundred and seventy—five BETWEEN STERLING HARBOR MARINA, INC. , a domestic corporation having its principal place of business on Sterling Street (no number) , Greenport , in the Town of Southold , County of Suffolk and State of New York, party of the first part, and ROBERT H. PRESTON, residing at 75 Middleton Road , Greenport , New York and IRVING LATHAM, residing at Main Road (no number) , Orient, New York, as Tenants in Common without right of survivorship, 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, ALL that certain plot, piece or parcel of I d, with tlt buddi s and improve nis thereon er t sit t lying and being jjvN e`t near the Vif�age oY Gree port , in tte 'Town o Sbu"� �ld, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on the westerly line of Manhaset Avenue , 260 .20 feet southerly along said westerly line from the southerly line of Champlin Place, said point of beginning being the point where said westerly line is intersected by ordinary high water mark of Sterling Basin; from said point of beginning running along said westerly line of Manhaset Avenue , three courses , as follows : (1) South 34 degrees 57 minutes 20 seconds East 283 .0 feet to a monument ; thence (2) South 41 degrees 00 minutes 50 seconds East 453 .40 feet to a monument ; thence (3) South 60 degrees 56 minutes 50 seconds East 35 . 90 feet ; thence along land of the St . Agnes Cemetery , South 21 degrees 18 minutes 10 seconds West 800 feet , more or less , to said ordinary high water mark of Sterling Basin; thence northwesterly and then northerly along said high water mark of Sterling Basin about 1450 feet to the point of beginning . Containing about -1/2 Cres , more or Less . C1GtC BEING and intended to be the same premises conveyed to the party of the first party by deed dated July 29 , 1960 and recorded in the Office of the Clerk of the County of Suffolk on August 1, 1960 in Liber 4850 of conveyances at Page 389 . , TOGETHER with all right , title and interest, if any , of the parties of the first part in and to any land lying in the bed of any street , (See Rider annexed hereto) TOGFITHER with all right, title and interest, if any, of the part y'of the first part in and to any streets and roads abutting the above descrilled premises to the center lines thereof; TOGF_T11HR kith 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 nr suffered anything whereby the said premises have been encumbered in any way whatever, except as aforesaid. ANI) 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 cousid- crat ion as a Intst fund to be applied first for the ill rpo>e of paying the cost of the impriv(incl t acid will apply' the sone first to the payment of the cost of the improvement before using any part of the total of the ;tine for ;oiv o her purpose. "Ilse Nvord "party" shall be construed as if it read "parties". whrnecrr the sense of this indenture su icyuires. IN WITNESS WHEREOF, the party of the first part has duly cxccuted this deed the day and year first above NVIMcn. STERLING HARBOR MARINA, INC , xx:�z�x��xa�x (Rdb rt H . P er ston, President) (�be t H . Preston) ��.t�C (I/ ing Lar am) I � �I RIDER TO DEED BETWEEN STERLING HARBOR MARINA, INC . AND ROBERT PRESTON , ET AL, DATED NOVEMBER 26, 1975 i road or avenue , open or proposed, in front of or adjoining said premises , to the center line thereof, and all right , title and interest , if any , of the parties of the first part in and to the ;adjacent lands under the waters of Sterling Basin. (' TOGETHER with the right , title and interest to the land now or formerly under the waters of Sterling Basin adjoining the premises above described as granted by Letters Patent recorded in the Office of the Secretary of State, Albany, New York, in Book of Patents No . 75 at page 674. I IISUBJECT TO a certain consolidation extension modification and spread agreement made by and between the party of the first part and Ruth F. Preston, said agreement is dated January 31, 1974 and was recorded May 8 , 1974 at the office of the Clerk of the County of Suffolk in Liber 7063 at Page 26 and on which agreement : there is now due the sum of $51, 000 .00 and that the parties of 4the second part hereby assume and covenant to pay such debt as ; part of the consideration of the conveyance . t 1 o � o �