HomeMy WebLinkAboutL 11778 P 940 Fenn 8007*8-88 5M—Bargain and Sale Deed, with Covenant against Grantor's Acts—Individual or Corporation.
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L I ITIS
THIS INDENTURE, made the 17th day of June nineteen hundred and ninety-six
PBETWEEN ROBERT A. GRAEB and PHYLIS A. GRAEB, his wife, residing at 22425
Route 48, Cutchogue, New York 11935
DIgTRICT ty-�-'=--`-_' SECTION BLOCK
LOT
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party of the first part, and JOHN A. GRAEB, residing at 625 Eugene's Road, Cutchogue,
New York 11935 and THOMAS R. GRAEB, residing at 22425 Route 48, Cutchogue,
New York 11935, as tenants in common
party of the second part,
WITNESSETH, that the party of the first part, in consideration of Ten and 00/100----------------
-----------------------------($10.00)------------------------------------ dollars,
lawful money of the United States, 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 land, with the buildings and improvements thereon erected, situate,
lying and being kxAtnc at Cutchogue, Town of Southold, County of Suffolk, and State
of New York, being known and designated as Lot No. 1, on a certain map entitled,
"Map of Robert A. Graeb and Phylis A. Graeb," and filed in the Suffolk County
Clerk's Office on June 2, 1995, as filed Map No. 9689, bE:ing more particularly
bounded and described as follows:
Ct'> BEGINNING at a point on the northerly side of Middle Road, C.R. 48; which
point marks the point cohere the easterly side of land now or formerly of I.P.
Krupski intersects the said northerly side of Middle Road;
RUNNING THENCE from said point of beginning along land now or formerly of
I.P. Krupski North 49 degrees 09 minutes 10 seconds West 635.14 feet to land
9'.\X DI:\P now or formerly of Julius Skirel;
DESIGNXIION RUNNING THENCE along land now or formerly of Julius Skirel North 47 degrees
15 minutes 00 seconds West 742.71 feet to Lot No. 2 as shown on the above
mentioned filed map;
see.
RUNNING THENCE along Lot No. 2 the following two (2) courses and distances:
lilt.
1. North 42 degrees 29 minutes 30 seconds East 240.43 feet;
I„u• 2. South 47 degrees 30 minutes 30 seconds East 1502.65 feet to the
northerly side of Middle Road;
RUNNING THENCE along the northerly side of Middle Road South 71 degrees
30 minutes 00 seconds West 257.90 feet to land now or formerly of I.P. Krupski
and the point and place of BEGINNING.
TOGETHER WITH a right-of-way fifteen (15) feet in width over Lot No. 2 on the
map entitled "Map of Robert P... Graeb and Phylis A. Graeb” filed in the Suffolk
County Clerk's Office on June 2, 1995 as filed Map No. 9689, for ingress and
egress, which right-of-way is more particularly bounded and described as follows:
BEGINNING at a point on the northerly side of Middle Road, C.R. 48; which
point marks the point where the westerly side of land now or formerly of
Stanley Mokus intersects the said northerly side of Middle Road; running thence
19 19RECORDED COF&fF(M K GJUNTVL
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from said poi:4 of bcginuing along the northerly side of :Ilddle Road,
South 71° 30' 00" West 17.15 feet to for No. I as shown on the above-
mcntinned map; running thence alone; Lot No. I North 67° 30' 30" West 1,502.65
feet to a point; running thence North4_° 29' 30" Past 15t feet through Lot
ii No. 2 to land now or formerly of '1'. a L? Shalvev; running thence along said
land new, or formarlc of 1'. 5 E. Shalvov and land now or formerly of Stanlev
MokuS, South 47` 30' 30" Hast a distance of 1,5161 feet to the northerly
side of `liddle Iload, C.R. .'18 .inI tho point or place of BEGINNING.
SUBJECT to: :Iortgnl;e to 'File North Fork Bank f. Trust Co. dated 3/6/87 in
the original principal amount of $89,000.00 and Mortpage to The North
Pork Bank 5 Trust Co. in the original principal amount of $261,000.00;
which mortgaFc's were consolidated on 6/8/87 to form a single mortgage lien
in the principal Sum of $350,000.()0; which mortgages as consolidated were
assigned to Southold Savings Bank on 9/15/88; Mortgage dated 9/16/88 to
Southold Savings Bank in the original principal. amount of S292,132.20;
which mortgages were consolidated on 9/16/88 [c forma single mortgage
lien in the principal sum of $635,000.00; which mortgages as consolidated
!� were extended and uodi.fied on 8/28/89; which mortgages as consolidated,
'ry extended and modifiad, were assigned to The Bridgehampton National Bank on
11/30/95; and Mortgage to The Bridgehampton National Bank on 12/6/05 in
the original principal amount of $18,075.13; which mortgages were
consolidated, extended and modified on 12/6/95 to form o single mortgage
lien in tl:e principal amount of $601,000.00, which mortgage lien on the
aforesaid premises is held ISb7 Bridgehampton N,-ticnal Rank in the unpaid I amount of $596,559.14, which n..,rtgage debt the party of Lilo second part
lassumes and agrees to pay,
it SUBJECT to covenants and restrictions of reeorcl.
BEING AND INTENDED TO BE a part of the same premises conveved to the
party of the first part by deed dated March 6, 1987, and recorded in
the Suffolk County CLerk's Office on April 8, 1987, in Liber 10289, page 198.
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