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HomeMy WebLinkAboutL 10659 P 432 I j059 PF 30(1/861 84wyrd N.Y.4,T.U.Fwm SW7 awaaln and SW Daad,wMh C•vanant " _ CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULDE USED BY LAWYERS ONLY. 1 _ _ TH INDENTURE, made the T/G da of July,yr nineteen hundred and eighty-eight 13 EEN WILLIAM RODMAN PELL and LILLIAN S. PELL, his wife, 52 3 DISTiI!044, SECTIOresiding at N Atlanti fo&enue, Gre"Wort, New' York CLI FM ED Com(0 i2 17 21 20 f� Party of the first part, and GREGORY A. RISHE and KRISTEN E. RISHE, his wife, 306 Fourth Street, Greenport, New York 11944 R .� $ 52 RLP,L IS TATE Party of the second part, AUG 3 138$ WITNESSETH, that the party of the first part, in consideration of ;,r TEN ($10 .00)-------------------------- dollars, �I aI lawful money of the United States, and other valuable considerations paid ��.� •,, by the party of the second part, does hereby grant and release unto the party of the second part,the heirs, or S:•d4ff successors and assigns for the party of the second part forever, M • •#Yla{• 3 — ALL that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying DIST. and being in the Village of Greenport, Town of Southold, County of 1001 and State of New York, bounded and described as follows: Suffolk SECT. BEGINNING at a point on the easterly side of Atlantic Avenue distant 002.00 fifty (50) feet from the southeasterly corner of said Monsell Place and Atlantic Avenue, and running thence in a southerly direction along BLOCK the easterly line of,Atlantic Avenue a distance of thirty (30) feet; 02.00 thence in an easterly direction on a line parallel to the southerly line of Monsell Place a distance of one hundred (100) feet; thence in LOT a northerly direction on a line parallel to the easterly line of Atlantic 33.000 Avenue, a distance of thirty (30) feet; thence in a westerly direction along the southerly line of Monsell Place a distance of one hundred (100) feet to 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 6093 page 160. Subject to a purchase money mortgage in the amount of $125,000.00 which mortgage was executed and delivered by the party of the second part to the party of the first part as security for price and which said mortgage is intended to be r simuthe ltaneously herewith. The premises herein are conveyed subject to an estate for life of each of the grantorshspecifically rese to wit, William Rodman Pell and Lillian S. Pell, l who specifically reserve a life estate in and to the said premises for each of them jointly and severally. The terms of the life estate herein include and the of the part by acceptance of the deed hereunder specificallyaagrees thatsthend party of the second part shall during the life' of each of the life tenants, to wit, William Rodman Pell and Lillian S. Pell, his wife, 1 pay all expenses of the maintenance of the structures on the premises including but not limited to all exterior and interior repairs, all water and sewer charges, all real estate taxes and any assessments in addition thereto, all insurance costs, landscaping, lawn services including cutting of grass and snowreovalardening and In the event that the premises occupied by the aforementioned life tenants shall remain vacant for a period of twelve (12) consecutive months, then the life tenancy shall automatically terminate and upon the life tenants AU, S 1989 ® JULIETTEA KINSELLA RECORDED* ndehouseholdthe lses CLERK OF SUFFOLK COUNn property. K433 The said premises are also described as follows: ALL that certain plot, piece or parcel of land, situate, lying and being in the Village of Greenport, Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on the easterly side of Atlantic Avenue distant 50.00 feet southerly as measured along the easterly side of Atlantic Avenue from the corner formed by the intersection of the southerly side of Monsell Place and the easterly side of Atlantic Avenue; running thence North 72 degrees 26 minutes 20 seconds East 100 .00 feet; thence South 17 degrees 33 minutes 00 seconds East 30 .00 feet to lands now or formerly of Bishop; thence along lands last above-mentioned South 72 degrees 26 minutes 20 seconds West 100 .00 feet to a monument on the easterly side of Atlantic Avenue; thence along the easterly side of Atlantic Avenue North 17 degrees 33 minutes 00 seconds West 30 .00 feet to the point or place of beginning. TOGETHER WITH all the right, title and interest of the party of the first part, of, in and to the land lying in the street in front of and adjoining said premises. RECORDED' ! ` AU'' $ 198 JULIERE A. KINSELLA CLERK OF SUFFOLK COUNTY