HomeMy WebLinkAboutL 11467 P 131 ,� 11467P60131
>uf' THIS INDENTURE made this 10th day of March, 1992.
DISTRiCT/ S7CTION
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Between A !'DR D LTrlAI/T'rgC IAIC i eb;6 !`aqe A% RV O/0K329-'I'Qr and MRO
LAND, INC , Debtor, Case No. BK-91-5243-TS, United States Bankruptcy Court for the Western District of
Oklahoma, party of the first part, and l'" """" """'""" """ ""'P., party of the second part, d
SMD tUGIS me49-INE, XNC. xa
Witnesseth that the party of the first part, in consideration of TEN DOLLARS ($70), lawful money of the
United States, and other valuable consideration,paid by the party of the second part, and pursuant to the order of
the United States Bankruptcy Court issued under authority of 17 U.S.C. Sec. 363(b)(1) and entered February 26,
1992, does hereby remise, release and quitclaim unto the party of the second part, the successors and assigns of
the party of the second part forever, all - '{
\Q�� SEF. EXHIBIT "A" ATTACHED HERETO )
`ao.
The party of the first part hereby delivers this Quit Claim Deed pursuant to and in accordance'svidu that
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�"ne" �Arc xtain Order Granting Debtors'Motion to Compromise Controversies and for Approval of Settlement Agreement
among the Debtors, the Trustee, Citibank,N.A.,the Official Unsecured Creditors Committeeand Used Boat Haven,
_ %u%ccZ.11°.) .P�✓�/r`?v i.J f/rte rP %i. I/J
111416:) Inc. entered February 26, 7992, by tee Bankruptcy Court's _ . " 771E
PARTY OF THE FIRST PART MAKES NO WARRANTY, EXPRESS OR IMPLIED, OF TITLE,
c,c MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, AND THE SUBJECT PROPERTY IS
- — CONVEYED "AS IS"AND "WITH ALL FAULTS."
To Have And To Hold the above described property unto the party of the second part, the party (Y'
r
Z,;jr J/'the second part's successors and assigns,forever, SUBJECT TO the following encumbrances: (i)ad valorem taxes,•
(ii)existing liens filed of record, including,but not limited to those liens more particularly described at Exhibit "C"
�G'OC attached hereto, if applicable; (iii)existing zoning ordinances, restrictions, rights-of-way or easenem.s ofany kind;
15 f-CTI0 t.1 (iv)mineral interest or rights previously reserved or recorded of record, and (v)any claitu.s for loss, liability, costs,
expense or damage arising out of or relating to any, applicable federal, state or local law, statute, ordinance, or
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regulation pertaining to health, industrial hygiene or the environmental conditions on, under or through the.subject
L.O_T property.
"t�i;G (Jl7'Y 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 far this conveyance and will hold the right to receive such
consideration as a trust fund to be applied firs{for the purpose of payhhg the cost of the improvement and will appl v
the saute first to the payment of the cost (if the improvement before using any part of the total of the.sane for ahy
other purpose except as otherwise provided by Federal Bankruptcy Law.
The word 'party"shall be construed as it if read "parties"whenever the sense of this indenture so requires.
RECORD D MAY 15 1992 wC P.A"OMN
114611K6132
PARCEL I �t�. L SCHEDULE A (Description)
PAP 1280711
'I All that certain plot, piece or parcel of land,with the buildings and improvements thereon erected, situate,
lying and being at Mattituck, Town of Southold, County of Suffolk and
State of New York, bounded and described as follows:
BEGINNING at the Northeasteisylocated thecorner of tabout
to
following six
be described, he Easterly side of
courses and distances from a point on t
Olejulane, which point is 154 .97 feet Southerly from the
intersection of the Southerly side of Kraus Road and the
Easterly side of Olejulane.
1. South 80 degrees 39 minutes 10 seconds East, 423 .36
1 feet;
seconds West, 174 .33 feet;
2. South 11 degrees 22 minutes 50
3. South 22 degrees 13 minutes 00 seconds West, 293 .88 feet;
I
4 . South 57 degrees
21 minutes 20 seconds West, 100 .99 feet;
I
5 . South 44 degrees 10 minutes 10 seconds West, 160 .96 feet;
I
� 6 . South 35 degrees 19 minutes 00 seconds West, 95 .30 ee ;
RUNNING THENCE from the true point or place of BEGINNING,
South
35 degrees 19 minutes 00 seconds West, 302.73 feet;
TIIENCE South 18 degrees 48 minutes 20 seconds East, 106 .14 feet;
1 minutes 40 seconds West, 380 feet, more
THENCE South 71 degrees 1
or less,
to the ordinary high water mark of ;fames Creek;
high water mark o
nd
THENCE along the ordinary pointeCreek,
andlandsanowa
dredged canal, a distance of 850 feet to a p
or formerly of E.E. Wilsberg;
THENCE South 30 degrees 29 minutes 40 seconds East, 85 feet, more
or less, to the point of place of BEGINNING.
.
4 'e 25 feet in
TOGETHER with a right of way and easement of passa
width and described as follows:
BEGINNING at a point on the Easterly side of Olejulane, distant
154 .97 feet Southerly from the intersection of the Southerly side
of Kraus Road and the Easterly side of Olejulane;
it TIIENCE South SO degrees 39 minutes 10 seocnds East, 423 ,36
feet;
j THENCE South 11 degrees 22 minutes 50 seconds West, 174 .33
ifeet;
-continued-
I
2506
RECORDED MAY 15 1992 QMPV F .
I
11 6,Pb133
PARCEL I DESCRIPTION -continued-
PAP 1280711
THENCE South 22 degrees 13 minutes 00 seconds West, 293 .88 feet;
THENCE South 57 degrees 21 minutes 20 seocnds West, 100 .99 feet;
THENCE South 44 degrees 10 minutes 10 seconds West, 160 .96 feet;
THENCE South 35 degrees 19 minutes West, 95 .30 feet to the
Northeasterly corner of the parcel heretofore described;
THENCE South 30 degrees 29 minutes 40 seconds West 25 feet more
or less, along the line of the premises heretofore described
and lands now or formerly of E. E. Wilsberg;
I THENCE North 35 degrees 19 minutes 00 seconds East, 86 .01 feet;
TIIENCE North 44 degrees 10 minutes 10 seconds East, 165 .78 feet;
THENCE North 57 degrees 21 minutes 20 seconds East, 95 .97 feet;
THENCE North 22 degrees 13 minutes 00 seconds East, 283 .59 feet;
THENCE North 11 degrees 22 minutes 50 seconds East, 146 .05 feet;
THENCE North 80 degrees 39 minutes 10 seconds West-, 394 .50 feet- to
the Easterly line of Olejulane;
THENCE along the Easterly line of Olejulane, North 02 degrees
35 minutes 10 seconds East 25 .17 feet to the point of place of
BEGINNING.
RECORDED
r�nv �s 1992
1146;N 134
PAP 1280711 SCHEDULE A (Description)
PARCEL II G Z
All that certain plot, piece or parcel of land,with the buildings and improvements thereon erected, situate,
lying and being at Mattituck, Town of Southold, County of Suffolk and State
of New York, bounded and described as follows:
BEGINNING at a point which is located the following courses and
distances from the corner formed by the intersection of the
westerly side of Camp Mineola Road (Private Road) with the
southerly side of Kraus Road, viz: ( 1) South 14 degrees 35 minutes
East 387 .60 feet; (2)• along the northerly side of a 50 foot right
of way, South 75 degrees 26 minute* West 200 feet; ( 3 ) along the
westerly side of said 50 foot right-of-way, South 14 degrees 35
minutes East 320 feet; ( 4 ) along the northerly side of said 50
foot right-of-way, South 75 degrees 25 minutes West 201.52 feet;
i
RUNNING TIIENCE along the northwesterly and westerly sides of said
50 foot right of way, the following course and dastance: South 32
degrees 45 minutes 42 seconds west 127 .20 feet to the true point
of beginning and from said point of beginning;
RUNNING THENCE from said true point or place of beginning South 12
degrees 04 minutes 00 seconds East 278 .50 feet to other land now
I or formerly of P.reh;
RUNNING THENCE along said land, South 49 degrees 56 minutes 40
seconds West 530 feet, more or less, to the center line of former
gutter and land now or formerly of Allen and L.D. Howell;
RUNNING TIIENCE Northerly, northwesterly, westerly, southwesterly,
westerly and northerly along the same 400 feet, more or less to
James Creek;
RUNNING TIIENCE Northerly along James Creek 180 feet, more or less,
to the southwesterly corner of premises to be retained by "Kreh"
as shown on a survey by Van Tuyl and Son, dated May 6, 1965;
RUNNING THENCE along said retained premises the following courses
and distances:
( 1) North 71 degrees 11 minutes 40 seconds East 23 feet, more or
less;
(2) North 18 degrees 48 minutes 20 seconds West 40 feet to the
southerly side of a 25 foot right-of-way;
i
-continued-
II
2506
R E C V R D E® MAY 15 1992 Q�Of� �F
1146 r PG135
PAP 1280711
i
PARCEL II DESCRIPTION -continued-
RUNNING THENCE along the southerly, easterly and southeasterly
sides of said right-of-way, the following courses and distances:
(1) North 71 degrees 11 minutes 40 seconds East 328 feet;
(2) North 18 degrees 48 minutes 20 seconds West 106 . 14 feet;
(3) North 35 degrees 19 minutes 00 seconds East 7.78 .57 feet;
(4) south 40 degrees 03 minutes 20 seconds Last 146 .17 feet;
(5) North 49 degrees 56 minutes 40 seconds East 67 .18 feet;
(6) North 32 degrees 45 minutes 40 seconds East 42.74 feet to the
true point or place of BEGINNING.
RECORDED Mar 15 (M QEWVX