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HomeMy WebLinkAboutL 11773 P 897 Standard N.YB.T.U.Fonn 8002• -Bargain and Sale Deed.with Covenant against Grantor9 Acts—individual or Corporation(Single Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. Yf711 THIS INDENTURE, made the 17' day of May 11996 D S q M BETWEEN I Q / GENDOT ASSOCIATES, INC. , a domestic corporation having its principal place of business at Noll South Road, Box 847, Wading River, NY 11792 011STRICIP1111t SECTIOBIOm lOT �party he first part, 17 L 21 yp MICHAEL P. REID and VICKI REED, residing at 61 Wildwdod Drive, Calverton, NY 11933 party of the.second part, WITNESSETH,that the party of the first part, in consideration of — — — — _ _ _ _ _ ($10.00) TEN AND 00/100 - - - - - - - - - - - - - - - - dollars paid by the party of the second part,does hereby grant and release unto the party of the second part, the heirs or successors and assigns of the party of the second part forever, District: ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate. 1000 lying and beingj0&A at Mattituck, in the Town of Southold$r County of Suffolk and State of New York, known and designated as Lot No. 5 as shown on a certain map Section: entitled, "Map of West Mill Subdivision Property, Surveyed for M. Paul fice of rk of the 106.00 FriedbJuly 33er1994nasfMapdin the No. 9539,fand being more particularly bouof nded Suffolk undedand described Block: as follows: 09.00 BEGINNING at a point on the northerly side of Selah Lane where same is inter- Lot: sected sected by the division line between Lot Nos. 5 & 6 on said map; 004.007 RUNNING THENCE along the northerly side of Selah Lane, the following two (2) courses and distances: (1) North 78 degrees 44 minutes West, 148.92 feet; (2) Westerly along an arc of a curve bearing to the left having a radius of 50.00 feet, a distance of 81.10 feet; THENCE North 19 degrees 00 minutes East, 151.20 feet; THENCE South 71 degrees 57 minutes 00 seconds East, 221.44 feet; THENCE South 19 degrees 00 minutes West, 142.16 feet to the northerly side of Selah Lane, the point or place of BEGINNING. BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by Deed dated 12/12/95 and recorded 1/22/96 in Liber 11759 cp. 250. This conveyance has been made with the unanimous consent in writing of all the stockholders of the party of the first part and does not constitute a sale or transfer of substantially all of the assets of the party of the first part. 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 consideration 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"party"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. GENDOT ASSOCIATES, INC. ) IN PRESENCE OF: BY: ROT[IY S NE PRESIDENT EIAWD P RECORDED MAY 14 1996 HUfWltfdE