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HomeMy WebLinkAboutL 11785 P 55 • M Bargain and Sale Deed with Covenants Against Grantor's Acts-Individual m Coryoration. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY �-(17�5pl'55 THIS INDEN�E, made the 25thday of July, nineteen hundred and ninety-six Di5T'2fr T OT BETWEEN 2 LLOYD E. TERRY, residing at 36205 Main Road, Orient, New�� ork 119570, party of the first part, and LLOYD E. TERRY, residing at 36205 Main Road, Orient, New York 11957, as to a fifty (50%) percent interest, PRISCILLA TERRY BULL, residing at Main Road, Orient, New York 11957, as to a twenty-five (25%) percent interest, and KENNETH WATERS TERRY, residing at One Coit Lane, Norwich, Connecticut 06360, as to a twenty-five (25%) percent interest, as tenants in common without right of survivorship, party of the second part, 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Orient, Town of Southold, Suffolk County, New York, bounded and described on Schedule A attached hereto and made a part hereof. 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 and 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 WP17NESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: oyd E. Terry EDWARD P.ROMAIM RECORDED JUL 31 1996 CLERK OF SUFFOLK COUNIV 11785 R055 SCHEDULE A DEED FROM LLOYD E. TERRY TO LLOYD E. TERRY, PRISCILLA TERRY BULL AND KENNETH WATERS TERRY ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Orient, Town of Southold, Suffolk County, New York, bounded and described as follows: BEGINNING at a point on the northerly side of Main Road at a monument which forms the boundary line between lands owned now or formerly by Orient Realty Company to the west and the parcel to be conveyed herein to the east; RUNNING THENCE along said land of Orient Realty Company North 140 05' 00" West 2,171.21 feet; THENCE North 750 55' 00" East 340.00 feet along the northerly line of a 25 foot right-of-way to a point; THENCE North 140 05' 00" West 37.5 feet along lands now or formerly of Frank R. and Catherine L. Helminski; THENCE North 750 55' 00" East 100.00 feet still along said lands of Helminski to a point; THENCE South 12" 33' 50" East 2,131.20 feet along lands now or formerly of the Spencer Terry Estate to a point on the northerly side of Main Road; THENCE the following courses and distances along the northerly side of Main Road: 1) South 770 34' 00" West 261.71 feet; 2) South 82" 40' 10" West 94.56 feet; 3) South 82" 40. 10" West 25.18 feet to the point or place of beginning. Excluding from the above-described parcel the following parcel of property which was conveyed by the party of the first part to Hugh Loughran and Catherine Loughran, his wife, on October 6, 1983: ALL that certain plot, piece or parcel of land, situate, lying and being in the Hamlet of Orient, Town of Southold, County of Suffolk and State of New York, more particularly bounded and described as follows: BEGINNING at a point on the easterly line of a 25 foot right-of-way over land now or formerly of Lloyd E. Terry, said point being the following two courses from a monument set on the northerly line of Main Road at the southwesterly corner of said land now or formerly of Lloyd E. Terry and the southeasterly corner of land of Orient Realty Company; (1) North 82 degrees 40 minutes 10 seconds East, 25.18 feet; thence (2) North 14 degrees 05 minutes 00 seconds West 1870.0 feet to said point of beginning; running thence along said easterly line of said right-of-way, North 14 degrees 05 minutes 00 seconds West, 279.17 feet to the southerly line of said 25 foot right-of-way; thence along said southerly line, North 75 degrees 55 minutes East 175.0 feet; thence along other land now or formerly of Lloyd E. Terry, two courses: (1) South 14 degrees 05 minutes East 279.17 feet; thence (2) South 75 degrees 55 minutes West 175.0 feet to the point of beginning. TOGETHER WITH a 25 foot right-of-way in common with others over the most westerly 25 feet of premises to the north owned now or formerly by Joan Kiefer extending from the southernmost lot line of said premises northerly to the highwater mark of Long Island Sound for use by the party of the second part and others. This right-of-way shall run with the land. Said right-of-way is described as follows: I BEGINNING at a point on the northerly line of a certain 25 foot right-of-way at the southwest corner of the premises conveyed by Lloyd E. Terry to Joan Kiefer on December 30, 1981. Said point being North 140 05. 00" West 2171.21 feet from a monument set on the northerly side of Main Road on the boundary line between land of the party of the first part to the east and of Orient Realty Company to the west. RUNNING THENCE along said land of Orient Realty Company North 140 05' 00" West 465.21 feet more or less to the ordinary high water mark of Long Island Sound. THENCE easterly along said high water mark 25 feet; THENCE South 140 05' 00" East 465.21 feet more or less to the northerly line of the aforesaid 25 foot right-of-way; THENCE along said 25 foot right-of-way South 750 55' 00" West 25 feet to the point of beginning. BEING AND INTENDED TO BE the same premises devised to Lloyd E. Terry under the Last Will and Testament of Caroline M. Terry, dated December 4, 1956, admitted to probate in the Suffolk County Surrogate's Court, File 329 P 1958. EDWARD P.ROMAINE RECORDED JUL 31 1996 CLERK OF SUFFOLK COUMV