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HomeMy WebLinkAboutL 18666 P 704 Form 80(11 10/873M—Bargain and Sale Deed with Covenant against Gramor's Aa—Ind.or Corp. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE, made the 12th day of July nineteen hundred and ninety-six BETWEEN JERRY N. DELANEY and LINDA R. DELANEY residing at 220 Apple Court, Southold, New York 11971 LO'f E L .41 1 1 11 )z 17 zl zo party of the first part, and MICHAEL ZEIEN and PAMELA ZEIEN, his wife both residing at No # Route 48 , Southold, New York 11971 party of the second part, WITNESSETH, that the party of the first part, in consideration of ten dollars ($10 . 00) and other good and valuable consideration ➢t<lt4[R, 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 suc- cessors and assigns of the party of the second part forever, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the Village and Town of Southold, County of Suffolk and State of New York, known and designated as Lot 13 on "Map of Southold Villas" , filed in the Suffolk County Clerk' s Office on June 25 , 1992 as Map No. 9237 , bounded and described as follows: BEGINNING at a point on the Easterly side of Apple Court, distant the following four (4) courses from the Northerly end of the arc of the curve connecting the Northerly side DIST: of Jasmine Lane with the Easterly side of Apple Court: SECTION: BLOCK: LUT: 1 . Along the Easterly side of Apple Court, North 14 degrees 16 minutes 50 seconds East, 10. 00 feet; 2. Northerly along the Easterly side of Apple Court, along the arc of a curve having a radius of 175 . 00 feet, a distance of 105 . 15 feet; 3. Continuing along the Easterly side of Apple Court along the arc of a curve having a radius of 25 . 00 feet, a distance of 25. 37 feet; 4 . Continuing along the Easterly side of Apple Court, along the arc of a curve having a radius of 50.00 feet a distance of 51 . 05 feet to the division line of lots 14 and 13 on said map; RUNNING THENCE along the Easterly side of Apple Court along a curve having a radius of 50 . 00 feet, a distance of 44 . 05 feet to the division line of lots 13 and 12 on said map; THENCE North 87 degrees 52 minutes 35 seconds East, 272. 65 feet; THENCE South 17 degrees 20 minutes 40 seconds West, 130 . 16 feet; THENCE North 73 degrees 20 minutes 30 seconds West, 261 . 37 feet to the Easterly side of Apple Court, to the point or place of BEGINNING. This conveyance is made and accepted subject to an indebtedness secured by a grant enforcement note and mortgage upon said premises executed by Jerry N. Delaney and Linda R. Delaney as obligor-;--bor�rewer, and mortgagor to the New _ a� a public A E C O ADEM JUL 24 1996EOWDP �Yng pursuant to a Law having its li nrincinalnl___ __ f business at 641 LexingtonAvenue, New York, New York 10022, as mortgagee, which note and mortgage instrument is dated tha 2-7th day of January 1993, and which was recorded on the 23rd day of June 1993, in the Office of the Clerk of County of Suffolk, in Liber 18666 of mortgages at page 704 on which there is an unpaid debt or recapture obligation in the principal amount of Twenty-Five Thousand Dollars ($25 , 000 . 00) with no interest due, which said note and mortgage debt or recapture obligation Michael Zeien and Pamela Zeien hereby assumes and agrees to accept assumption of said grant as they qualify for same and agree to pay, as part of the consideration for this conveyance as required under the terms of the grant. BEING AND INTENDED TO BE the same premises transferred to the party of the first part by deed dated January 27 , 1993 and filed in the Office of the Clerk of Suffolk County in liber 11631 of deeds at page 567 . A E 1r O ADEP ' JUL 24 1996 EWWD P.FOAV