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HomeMy WebLinkAboutL 11077 P 472 Standard N.Y.B.T.O. FOTM W2-20M —Bargain and Sale Deet],with Covenants against Gramnri A,,,—lndividml (single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD RE USED BY LAWYERS ONLY THIS INDENTURE, made the 9th day of May nineteen hundred and ninety BETWEEN MORTON- SHELDON CO . , a partnership, having an office at 39 West 29th Street, 11th Floor, New York, New York, 10001, by Keith Scott Morton, Partner, 'tt�iw ,7 eiZ DIST. V party of the first part,and MARGARET SMILOW, residing at 34 East 30th Street,, 1000 3rd Floor, New York, New York, 10016, and TAKAMI YAO, residing at SECT . 151 East 31st Street, Apt. 24B, New York, New Yolrk, 10016, as joint 025.00 tenants with ri ht of survivorship, BLOCK �, 05.00 party of the second pa t��G��; ,_. Rt. WITNESSETH, that tWe party of the kTst part, in considerat on of ten dollars nd other valuable4sideration LOT paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs 001 .000 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 in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot 1 on a certain map entitled, "Subdivision Map of Bayview Farms" and filed in the office of the Clerk of the County of Suffolk on January 19, 1982 as Map No. 7045. BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by deed dated February 20, 1985 and recorded in the Office of the Clerk of the County of Suffolk on February 27, 1985 in Liber 9742 page 294 . The aforesaid Lot 1 is bounded and described as follows: BEGINNING at a point on the Southerly side of Orchard Street dis- tant 770 feet westerly from the corner formed by the intersection of said southerly side of Orchard Street with the westerly side of Old Farm Road; RUNNING THENCE South 19 degrees 12 minutes 00 seconds West 380 . 78 • feet; THENCE North 78 degrees 03 minutes 50 seconds West 130 .00 feet; THENCE North 11 degrees 56 minutes 10 seconds East 416. 82 feet to the southerly side of Orchard Street; THENCE South 65 degrees 42 minutes 20 seconds East along said southerly side of Orchard Street 182 .52 feet to the point or plage of BEGINNING. 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 or successors and assigns of the party of the second part forever. CAND the party of the first part covenants that the party of the first part has not done or suffered anything l,. 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 V. any,other.purpose. t ,:, .The word"'party" shall be construe ""- quires. t"J M y,fN WITNESS WHEREOF,the pa R F C O v F p JUN 1 1940 written. a IN PRESENCE OF: a •-- MORTON - SHELDON CO . h�tCII i j a[-2oa__ Ply JUN J 1990 Keith Vott Morton, Partner tHnR OL 'raXw�.� SUFFOLK COUN-ly .,r