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Home My WebLink AboutL 11947 P 677 • - FORM 26133-BSD(8/95) PAGE 1 OF 2 Bargain and Sale Deed with Covenant against Grantor's Acts Individual or Corporation(Single Sheet) /- CONSULT YOUR LAWYER BEFORVSICNINyyC//THIS INSTRUMENT--THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY ( ''} f THIS INDENTURE,made, c l %�day of February nineteen hundred and ninety-nine BETWEEN MARSHALL L. POS , JR. , 3524 Canal Street, New Orleans, Louisiana 70119, ^� DISTRICT SPCTION BLOCK LOT / /i party of the fi(stpart, and MARSHALL L. POSEY, JR. and ANN P. FERGUSON, as Trustees of the Trust U/W/0 Marshall L. Posey FBO Marshall L. Posey, Jr. GST Exempt, c/o McCarter & English, 100 Mulberry Street, P.O. Box 652, Newark, New Jersey 07101-0652, the will of the said Marshall L. Posey being dated April 15, 1995 and having been admitted to probate by the Surrogate of Mercer County, New Jersey on February 3, 1997, 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 patty 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, his undivided one-half (1/2) interest in and to ALL that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate, lying and beinginthe at Fishers Island, Town of Southold, County of Suffolk and State of New York, being more particularly bounded and described as set forth on Schedule A hereto. BEING AND INTENDED TO BE the undivided one-half (1/2) interest in the same premises conveyed to the party of the first part and Ann P. Ferguson by deed, dated June 15, 1998 and recorded in the Office of the Suffolk County Clerk on June 30, 1998 in Liber 11901 page 893. Tax Map Designation IDis�t. `(Dw Sec. \J VV Blk. Lot(s) �l TOGETHER with all right, title and interest, if any,of the party of the first part of, 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 fust 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 inctunbered 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 fust 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 WITNESS WHEREOF,the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: Marshall L. Posey, Jr. SCHEDULE A to Deed Party of the First Part: Marshall L. Posey, Jr. Party of the Second Part: Marshall L. Posey, Jr. and Ann P. Ferguson, as Trustees Deed Dated: February i 7A 1999 All that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Fishers Island in the Town of Southold, County of Suffolk and State of New York, being a part of that portion of Fishers Island known as the Park, lying easterly of the following line, viz.: BEGINNING at the southeasterly corner of land owned by the United States known as Fort H.G. Wright Military Reservation, Mount Prospect Tract, on the shore of Block Island Sound, on the Atlantic Ocean; and RUNNING THENCE northerly following the East boundary of the said land of the United States to the southerly line of East End Road (sometimes called Oriental Avenue) and which point is the northeasterly corner of land of the United States; THENCE crossing the East End Road and following the same course as the last to the shore of West Harbor or Fishers Island Sound; said lot or parcel of land being bounded and described as follows: BEGINNING at a stone monument on the southeasterly side of a road 40 feet wide, said monument being 7505.46 feet West of a point which is 1351.05 feet South of another monument marking the U. S. Coast and Geodetic Survey Triangulation Station "Chocomount 2" (which said "Chocomount 2" monument is located on the summit of the highest hill on Fishers,Island, N.Y., about 2-1/2 miles West of the eastern end of Fishers Island and lies South 79 degrees 29 minutes 46 seconds East of North Dumpling Light on Fishers Island Sound); and RUNNING THENCE South 15 degrees 22 minutes 10 seconds East, 194.65 feet to an iron pipe; THENCE South 62 degrees 28 minutes 40 seconds West, 261.78 feet to a stake set on the northeasterly side of another road 40 feet wide; THENCE along the northeasterly side of said road North 24 degrees 36 minutes 50 seconds West, 12.02 feet to a stake marking a point of curve to the right whose radius is 483.72 feet and the direction of whose radius at that point is North 65 degrees 23 minutes 10 seconds East; THENCE northwesterly still along the northeasterly side of said road (and following the arc of said curve), 76.66 feet to a stake; THENCE still along the northeasterly side of said road North 15 degrees 32 minutes West, 66.12 feet to a stake marking a point of curve to the left whose radius is 405.61 feet and the direction of whose radius at that point is South 74 degrees 28 minutes West; THENCE northwesterly along the northeasterly side of said road (and following the arc of said curve), 50.03 feet to a stake marking a point of curve to the right whose radius is 36.22 feet and the direction of whose radius at that point is North 67 degrees 24 minutes East; THENCE northerly along the easterly side of said road (and following the arc of said curve), 60.72 feet to the stake set at the intersection of the northeasterly side of said road with the southeasterly side of the road first above mentioned; and THENCE along the southeasterly side of said road North 73 degrees 27 minutes 10 seconds East, 232.38 feet to the point or place of BEGINNING. i 29827 ` ~ RECORDED � ❑3 11947PE677 RECEIVED 99 FEB 25 Ah 9� 13 $ Lbl 3- Number of pages 5� REAL EST ATE E0 1 , f NE TORRENSFEB 25 1999 c(_c SUFFOLK COUNTY Serial N TRANSFER TAX Certificate tl SUFFOLK COUNTY Prior Ctf.# 29827 Deed/Mortgage Instrument Deed/Mortgage Tax Stamp Recording/Filing Stamps +,z IFEES Page/Filing Fee �/._ Mortgage Amt. Handling /✓ 1. Basic Tax TP-584 J/ . 2. Additional Tax Notation Sub Total EA-5217(County) JL ._ Sub Total 1✓ ._ SpccJAssit. [.�. or EA-5217(State) —9 ,_ Spec./Add. R.P.T.S.A. ._ J TOT.MTG.TAX _ q� 0 Dual Town Dual County Comm.of Ed. 5 . 00 Held for Apportionment Affidavit a,,s, Transfer Tax Certified Copy X17�� Mansion Tax _ The property covered by this mortgage is or Reg.Copy /J will be improved by a one or two family Sub Total ._ dwelling only. Otheri YES or NO ��GRAND TOTAL If NO, see appropriate tax clause on page A of this instrument. r , Real Property Tax Service Agency Verification 6 'r Title Company Information Dist. Section Block Lot u w�rx l Commonwealth Land Title Ins. Co. S! pi..> 1000 007.00 02.00 001.000 Company Name �c 709/ Title Number Ini ' s PAID BY: [is, ommonwealth Land Cash Check Charge tle Insurance Company Payer same asR&R if di - 77 - 6 Veterans Memorial Highway ;F � rrf nt andia, New York 11722 RECORD & RETURN TO 7 (ADDRESS) 9 Suffolk County Recording & Endorsement Page This page forms part of the attached Deed made by: (SPECIFY TYPE OF INSTRUMENT) MARSHALL L. POSEY, JR. The premises herein is situated in SUFFOLK COUNTY,NEW YORK. TO In the Township of SOU,�Ka llll MARSHALL L. POSEY, JR. and ANN P. FERGUSON, as Trustees In the VILLAGE or HAMLET of F s/�Cys ZJ[ a�0 BOXES 5 THRU 9 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING. iza,oa.xasnn