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HomeMy WebLinkAboutL 11628 P 895 NYTT Form'8002*—Bargain and Sale Deed,with covenant against Grantors Am—Individual or Corporation.is gleshee0 28660;';;i Yo Consid CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRU ENT SHOULDIBE USED BY LAWYERS ONLY. :ration I1628Pu895 THIS INDENTURE made the Zia , day of APi� , nineteen hundred and ninety-three,, BETWEEN L 11 . BAGLEY REID, now residing at Central Avenue (no #) , Fishers Island, New York 06390, STRICT SECTION LOCK LOT xI , 1L 2 17 21 FAT—n L L 0 1 party of the first part, and M. BAGLEY REID, now residing at 4311 Kensington Avenue, Richmond, Virginia 23221, 3 2 B. SCOTT REID, now residing at 1530 Park Avenue; Richmond, Virginia 23220, and 3.J JAMES G. REID, now residing at 6001 Hampstead, Richmond, Virginia 23226, as \Q— tenants in common, each with an undivided one-third interest, 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, an undivided one-tenth (1/10) interest in and to ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being BKIath)[ at Fishers Island, Town of Southold, County of Suffolk and State of New York, Being bounded and described as follows: BEGINNING at a monument on the Northerly line of Central Avenue, said monument being 3602.00 feet North of a point which is 729.00 feet West of another monument marking the United States Coast and Geodetic Survey Triangulation Station "PROs"; and THENCE RUNNING along the northeasterly line of said avenue North 67 degrees 18 minutes 00 seconds West 79.65 feet to a drill hole in a wall; THENq North 37 degrees 42 minutes 00 seconds East 177.15 feet; ' THENCE South 76 degrees 23 minutes 00 seconds East 77.95 feet; THENCE South 54 degrees 52 minutes 10 seconds East 132.63 feet to the Northwesterly line of said avenue; THENCE along said avenue line South 55 degrees 18 minutes 20 seconds West 133.85 feet; THENCE along the Northerly line of said avenue West 109.00 feet to the point of BEGINNING. BEING AND INTENDED TO BE an undivided one-tenth (1/10) interest in and to the same premises conveyed to the party of the first part by deed dated March 4, 1975 and recorded March 17, 1975 in Liber 7811 page 108. Upon the recording of this deed in the Office of the Suffolk County Clerk, the Of the first party part shall have an undivided six-tenths (6/10) interest in the above described premises and the party of the second part shall have an undivided four-tenths (4/10) interest in such premises, the party of the second part having acquired three other undivided one-tenth (1/10) interests in these premises by deed dated December 19, 1989 and recorded January 8, 1990 in Liber 10995 page 141, by deed dated April 3, 1991 and recorded April 22, 1991 in Liber 11250 page 560, and by deed dated May 13, 1992 and recorded June 9, 1992 in Liber 11480 page '�. •"`"< . 023, respectively. 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 TAX MAP premises herein granted unto the party of the second part, the heirs or successors and assigns'of the party of the ,ESIGNATION second part forever. 1000 AND the party of the first part covenants that the party of the first part has not done or suffered anything 010.0 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 ik. 01.00 as a tryst 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. 05.000 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. IN PRESENCE OF7RECEI-M D , RECORDED MAY I s 199308UFFR0X#A NoNE., MAT J:s lyya gley R8 Eli TRANSFE28660