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HomeMy WebLinkAboutL 6585 P 18� J 1'f' :IU (Ifa i) 4+uula rJ \.1.14.T.G. 1'onn It00. Ilargain and J:Je Ueed.x ilL fa.r nx nl u�.imt I,unL;r'. \+1. —InJi+ulu.+l nr Lurp.r.t,an V Y CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT - THIS INSTRUMENT SHOULD BE USED BY. LAWYERS ONLY. .1p 1�oF 655 PACE 1C7 f THIS INDENTURE, made the ./ day of July nineteen hundred and sixty-nine BETWEEN 11 PAT DUGGAN and LIBBIE DUGGAN, his wife 4500 El Camino Englewood, Colorado 80110 party of the first part, and O £ SAMUEL POMERANTZ and FLORENCE POMERANTZ, his wife t 331 West 19th Street � ' Yf New York, N.Y. d u�. a party of the second part, WITNESSETH, that the party of the first part, ;n consideration of ------------------------TEN and 00/100---------------------dollars, lawful money of the United States, 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 laud, with the buildings and improvements thereon erected, situate, lying andbeing:iaxtkg at Arshamomaque, Town of Southold, County of Suffolk and State of New York, known and designated as being a portion of Lot No. 17 as shown on a certain map entitled, "Revised Map of Peconic Bay Estates, situate at Arshamomaque, Town of Southold, New York, surveyed June 6, 1928 by Otto Van Tuyl , Professional Engineer and Land Surveyor, Greenport, New York" , and filed in the Office of the Clerk of Suffolk County on July 30, 1928 as Map No. 658, and being bounded and described according to said map as follows : BEGINNING at the corner formed by the intersection of the southerly side of Wells Lane and the easterly side of Bayshore Road ; running thence North 29 degrees 19 minutes and 40 seconds East along the southerly side of Wells Lane 226. 0 feet; thence South 83 degrees 26 minutes 10 seconds East 95 feet to the ordinary highwater mark of Pipes Cove ; thence along the ordinary highwater mark of Pipes Cove the tie line of which is South 2 degrees 20 minutes 10 seconds East 43 .17 feet, 10 feet northerly from the southerly line of Lot No. 17, when measured at right angles therto ; thence South 45 degrees 47 minutes 20 econds West 248 feet to the j easterly side of Bayshore Road ; thenceIV44 degrees 12 minutes 40 seconds West along the easterly side of Bayshore Road 41 . 70 feet to the souther— ly side of Wells Lane at the point or place of BEGINNING. TOGETHER with all the right, title and interest of the parties of the first part in and to Pipes Cove and land under water of said Pipes Cove, in front of and adjacent to the said premises . BEING and intended to be the same premises conveyed to the parties of the first part by deed dated May 2, 1962 and recorded in Suffolk County Clerk ' s Office on May 7, 1962 in Liber 5161 page 408 . I o i i LIBER6585 PACE 19 TOGETHER with all rights, 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. This conveyance is subject to,t Bond and iortgage dated Sept. 10, 1963 eld by Southold Savings Bank Southold, New York and recorded in the uffolk County Clerks Office October 2, 1963 in Liber 4211 page 22, aving a total unpaid principal balance of $18, 837. 71 together with 'nterest thereon at the rate of 6% per annum from July 2, 1969 the ayment of which bond and mortgage and interest is hereby expressly assumed by the party of the second part herein, the party of the second art herein agrees to hold the party of the first part free and harmless rom• any claim for said principal and interest and to indemnify the arty of the first part against any such claims ; the party of the second art has executed and acknowledged this instrument for the sole purpose Df evidencing their assumption of an agreement to pay said bond and ortgage and interest and to indemnify the party of the first part gainst any such claims. WAND the party of the first part covenants that the party of thc'first part has not done or suffered anything whereby the said premises have been incumbered 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 sante 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 t se se of this indenture so requires. IN WITNESS WHEREOF, the party of the first part has duly exe ted t is deed t 'e day and year first above written. i IN PBESENcr, OF: 1 \\\ f SAMUEL POMERANTZ PAT 6UUGG �J FLORENCE POMERANTZ J / LIBBIE DUGGAN