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L 11591 P 577
i L,3 Standard N.Y.B.T.U.Froom 00U2 Bargain and Sale Dad.with Covenant against Granites Acta—Individual of Corporation(Single Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY- 115! IP'577 NLY.115J1P'517` , © THIS INDENTURE,made the .2 7 may of November nineteen hundred andninety-two BETWEEN JOHN P. GANTLY residing at 58 Barkers Point Road, Sands Point, NY 11050 14334 party of the first part,and a JOHN P. GANTLY and SUSAN M. GANTLY, being married to each other, residing at 58 fl Barkers Point Road, Sands Point, NY 11050 party of the second it ` i WITNESSETH, that the party of'the first part, in consideration of ten dollars and oYlfer 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 building and improvements thereon erected, situate,lying and being in the 4 in the Town of Southold, County of Suffolk and State of New York, at Nassau Point or Little Hog Neck, known and designated as lot number 88 and one-half of lot number 89 (said half lot having a frontage of 50 and 1/10 feet on Peconic Bay) on a certain map entitled, "Map of Proposed Subdivision, Section B, Nassau Point Club Properties, Inc., situate on Nassau Point, Suffolk County, New York", surveyed by Wallace H. Halsey, C.E., Southampton, New York, June, 1919," as map number 745, said lot and part of lot being more particularly bounded and described as follows: r BEGINNING at a monument on the southwesterly line of Nassau Point Road where the same is 4. intersected by the dividing line between lots 87 and 88 as shown on the above-mentioned map; RUNNING THENCE along said dividing line South 54 degrees 43 minutes West and passing through a monument 371.00 feet to the high water mark of Great Peconic Bay as shown on the above-mentioned map; THENCE along said high water mark of Great Peconic Bay on a tie line of North 36 degrees 17 minutes 40 seconds West, 150.01 feet to a point; THENCE North 54 degrees 43 minutes East and passing through a monument 360.00 feet to a 4,yaaa'yr, monument on the southwesterly line of Nassau Point Road; THENCE southeasterly along the southwesterly line of Nassau Point Road along an irregular . iW ; curve the tie line of which is South 40 degrees 09 minutes 20 seconds East, 150.54 feet to the ,•� monument, the point or place of BEGINNING. BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by deed from Shirley G. Valk, dated November 3, 1992, and recorded in the Suffolk County Clerk's Office on November 18, 1992, in Liber 11575 page 1. Dist. 1000 Sec. 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 118.00 appurtenances and all the estate and rights of the party of the first part in and to said premises; TO Block HAVE AND TO HOLD the premises herein granted unto the party of the second part, the heirs or 06.00 successors and assigns of the party of the second part forever. Lot AND the party of the first part covenants that the paty of the first part has not done or suffered anything 009.000 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. r,11IN PMENCEOF:... ^ aREGPYEI REAL E TATE c y 'b • Y JOHN P GTL PROMAINE � uFax COU NiY 14334� REVORnEDW 17 1992 i & T 'wtIllfimrfit 1P SUFFOLK a COUNTY b'