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HomeMy WebLinkAboutL 10715 P 368 07— / / 3 7 PF 29(11/85)Standard N.Y.B.T.U.Form 8002 Bargain and Sale Deed,with Convenant against Grantor's Acts-Individual or Corporation(Single Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. vsTr'� L 75 PC3b8 y 00. 10 568 This Indenture, made the (o day of October nineteen hundred and eighty-eight Between GERARD M. LANG and MARILYN K. LANG, his wife, residing at (no #) Cedar Point Drive West, Southold, Nein York 11971 l.y• party of the first part, and ROBERT J. MOLCRAN, residing at 2600 Ruth Road, Mattituck, New York 11952 �a Oil L-6.L01 I Cl 28 party of the second part, �� � �© Witnesseth,that the a ... ._"_ p rty of the first part,inconsideration of Ten Dollars 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 *o� * and assigns of the party of the second part forever, Mv,ct: 3 _ All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and beings-oM at Cutchogue, Town of Southold, Suffolk County, New York, DIST. bounded and described as follows: 1000 BEGINNING at a monument in the southeasterly side of Main Road SECT. (Rt. 25) where the northeasterly corner of land conveyed to Anthony 102.00 Blados and Jane, his wife, by deed recorded in Liber 5825 cp.176 intersects same; thence North 29 degrees 44 minutes east along the BLOCK Main Road, 100.00 feet to a monument and land now or formerly of 06.00 henry L. Fleet; thence South 50 degrees 09 minutes 20 seconds east along said land, 200 .00 feet to a monument; thence South 29 degrees LOT 44 minutes west still along said land 100.00 feet to a monument and 022.000 land of said Blados: thence North 50 degrees 09 minutes 20 seconds west along said land of Blados, 200.00 feet to the southeasterly side of the Main Road at the point or place of beginning. Being and intended to be the same premises conveyed to the - party of the first part herein by deed recorded in Liber 9955 cp.415. Subject to a mortgage dated January 8, 1986 recorded in the Suffolk County Cler' s Office January 14, 1986 in Liber 11314 mp.338 in the principal sum of $225,000.00 (now reduced to $100,000.00) . Subject to existing tenancies. RVIVED $ / 00'y REAL ESTATE X568 OCT 18 1988 1 TRANSFER TAX SUFFOLK Together with all right,title and interest,if any,of therty of the fltM Vn and to an streets and roads abutting the above described premises to the center lines there antes and all the estate and rights of the parry 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 partforever. 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. 0 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 yearfirst above written. IN PRESENCE OF: /�� G- " Gerard W. Lang L� Marilyn Lang RECORD"D OCT 18 19Ed