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HomeMy WebLinkAboutL 10632 P 221 �.` Standard N.Y.B.T.U.Form 902 Bargain and Sale Deed.with Covenant against Grantor's Acts—Individual or Corporation4inB Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY. 106-2 PC2 .� PL)E3ASE NOT PUBLISH 43231L THIS INDENTURE,made the day of , nineteen hundred and _ 13th June eighty-eight BETWEEN JOHN R. DIIIPSEY, INC., a New York Corporation having its principal-place of busines at (No#) Broadwaters Road,' ,,,,3 P.O. Box 5, Cutchogue, New York 11935 ` 2 Nc ,�l'rLU- 1 party of the first part, and / -� WALTER J. KING, residing at Main.. Road, P.O. Box 97, JUN %'I 1y88 Cutchogue, New York 11935 r.-STPICT SECTION BLOCK LOT + TRANSFER TAX . r (��; I � FTE SUFFOLK 0 �c�tiM ' b r: ) patty of the seconWpart, 1 l 2 l WITNESSETH, that the party of the first part,in consideration 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 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 being in the�eing near Peconic, Town of Southold, County of Suffolk and State of New York, known as and by Section 104, Block 1, part of lot 9 as shown on the SECTION Suffolk County Tax Map; further identified as part of Lot 124 on the "Map of 104. 00 Nassau Farms, near Peconic" filed March 28, 1935 as Map No..1179 in the Office of the Clerk of the County of Suffolk, being more particularly bounded and BLOCK described as follows: 01. 00 BEGINNING at a point marked by a monument on the southerly side of Pine Tree Road, said point being 364.34 feet east of the easterly line of Bay Avenue; LOT RUNNING THEM along said southerly boundary of Pine Tree Road, North 63 009. 002 degrees 13 minutes 50 seconds East, 150 feet to a point; THENCE through the lands now or formerly of Henry C. and Mary F. Scherz, South 23 degrees 50 minutes 00 seconds East, 222.72 feet to the lands now or m formerly of Ralph W. Sterling; THENCE along said land, South 63 degrees 13 minutes 50 seconds West, 84.43 feet to a point marked by a pipe; THENCE along the`•]:ands;'now or formerly of Schonde]meier, South 86 degrees 58 minutes 40 seconds West;;.'70105'feet to a point marked by a monument; THENCE along the lands.;i�v 4-formerly of L.S. Bourguignon and W.A. & B. Bourguignon, North 23 degrees 50 minutes 00 seconds West 194.47 feet to the point or place of BEGINNING. \\ BEING AND INTENDED TO BE the same premises conveyed to the grantor herein by Deed dated 4/1/87 and recorded in the Suffolk County Clerk's Office on 6/3/87 in Liber 10333 page 366. The grantee herein, Walter J. King, hereinbelow affix his signature to this r.3 instrument evidencing his agreement to assume and pay the existing Note and V Mortgage on the premises described herein whch was made to Michael J. Alvino and Joan M. Alvino by John R. Dempsey, Inc., the grantor herein, dated 5/27/87 and recorded 6/3/87 in the Suffolk County Clerk's Office in Liber 12936 page 118, on whi s �ee present remaining principal balance is $55,000.00 with interest paid T I�1T'wi�h9aA'right, title and interest, if any, of the party of the first part in and to an 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 consid- eration 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.WHEREOFf'the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: !` JCHN R. DDIPSEY, INC., by: �LV��D�� JUN 27 1988 Jl1llCTTE A. KlNSELLA CLERK Of St1FFGLK GUJiriY