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HomeMy WebLinkAboutL 10941 P 120 '•! - PF 24(11/85)Standard N.Y.9.T.U.Form 4002 Barpaln and Sale Deed,with Convenenl egelnel orenlor�!Op dil or COr�/ twlatlon(Single ShNI) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENTSHOULD BE USED BY LAWYERS ONLY. r1JU s�P91 .t .. 6032 This Indenture, made the day of September nineteen hundred and eighty-nine Between LIMPET CORP. , a New York corporation with officesat 218 Front Street; Greenport, New York 11944 , and WEST DUBLIN REALTY, LTD. , S a New York corporation with offices at 400 Front Street, Greenport, New York 11944, ,\ party of the first part, and MICHAEL T. DICKSON, residing at 355 Woodcliff Drives Mattituck, New York 11952 DISTRICT SECTION MOCK LOT party of the second part,�thefirsFtpartllb L , I '� i_u Lqq� LL U WWitnesseth,that the pa consideration of Te%ol lars and otherIIaluable 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 fore-Ver, All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and DIST. being in the Town of Southold, at Greenport, County of Suffolk and State 1001 of New York, being bounded and described as follows: BEGINNING at a point on the southerly side of Front Street said point SECT. being at the intersection of the southerly side, of Front Street with 6 s the easterly side of Fourth Street; running thence north 84 degrees 33 minutes 30 seconds east along the southerly- side of Front Street, BLOCK 135.00 feet to a point on the westerly line of land now or formerly ' 2 of Simpson; thence south 5 degrees 26 minutes 30 seconds east along last mentioned land 100.00 feet to a point on lands now or formerly LOT� of Golden and lands now or formerly of Green Hill at Green Point, Inc. ; 17,Jrunning thence south 84 degrees 33 minutes 30 seconds west along the last two mentioned lands 157.02 feet to a point on the easterly side of Fourth Street; thence north 6 degrees 58 minutes 40 seconds east M along last mentioned Street, 102 .40 feeti.to a point on the southerly side of Front Street, the point or place of-beginning. Being and intended to be the same premises conveyed to the party of CT 2 199 the first part herein by deed recorded in Liber 9514 cp.533. Subject to a purchase money mortgage in the amount of $250,000.00 which mortgage was executed and delivered by the party of .the second part to 3/ the party of the first part as security for a portion of the purchase price and which said mortgage is intended to be recorded simultaneously herewith. This conveyance has been made with the unanimous consent in writing of all the stockholders of the party of the first part. 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 parry of the first part i will receive the consideration forthis 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.Wipsss Whersof,the party of the first part has duly executed this deed the day and year first aboyp written.:: ---IN PRCSSNCE OF: LIMPET CORP. B "' 6032 REI L LREAL ESTATE W UBLIN REALT , LTD. OCT 2 so BY Inf^ta� . P TRANcmRKA'`_— RE C0 R D E® WILLIAM G.110I .Sr 2 1989 CIBDCOF�A'F'CiJ(fXXRu?Y