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CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
P
� 1387 PC di
This Indenture, made the 3k�day of August nineteen hundred and
eighty-seve
Between
STIRLING BAY REDEVELOPMENT CO. INC. , a New York corporation
having an office at 455 Main Street, Greenport, New York 11944,
Party of the first part, and DOROTHY SARGEANT, residing at (no #) Old Harbor Road,
New Suffolk, New York 11956 and JULIE P. DAVIS,
residing at (no #) Hobart Road, Southold, New York
11971,
{ (- 4 T
. ,
party of the second part, V
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 in the in the Incorporated Village of Creennort, Town of Southold,
DIST. County of Suffolk and State of New York, bounded and described as
1001 follows:
SECT. BEGINNING at a point on the westerly side of Main Street distant 89 . 55
004 .00 feet southerly from the corner formed by the intersection of the westerl
side of Main Street and the southerly side of Center Street; running
BLOCK thence South 7 degrees 01 minutes 40 seconds East along the westerly sid,
07.00 of Main Street 75 feet to land or Heffernan; thence South 85 degrees
23 minutes 20 seconds West along said land 166 .81 feet to land of Urban,
LOT formerly Cook; thence North 6 degrees 49 minutes 00 seconds West along
019.000said land of Urban, 58 .45 feet to a point; thence North 7 degrees 00
r minutes 50 seconds West still along land of Urban 16 . 59 feet to land of
Orient Community Properties; thence North 85 degrees 23 minutes 20 seconc
East along said land and ,al80 .land or formerly of Malin 166 . 61 feet
i to the westerly side of Mai ;' tz n@Y�
r,,•:' Y $ eet at the point or place of beginning.
Being and intended to be the 'same premises conveyed to the party of the
first part herein by deed recorded in Liber 8314 cp .422 .
Subject to a mortgage now a lien on the aforesaid pre ses held by
pt
v/. Southold Savings Bank in the unpaid amount of $ /�
part hereby assumes and agrees to pay
which mortgage debt with interest thereon the party
confirm said fact. of t14e second
and has signed this deed to
Subject to a purchase money mortgage in the amount of $67,000.00 which mortgage was
executed and delivered by the party of the second part to the party or the first part
as security for a portion of the purchase price and which said mortgage is intended to
be recorded simultaneously herewith.
Subject to existing tenancies.
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 HaveAnd 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 forthis conveyance and will hold the rightto receive such consideration as a trustfund
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:
1092
1
R Sterling Ba Redevelopment Co. Inc
'LL By
7 1987 111LIETTE A. KINStLIA Pres.
RECORDED ` Clerh lif Suffdk County %"
J_� /