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HomeMy WebLinkAboutL 10843 P 429 ,2006 3601 04APF Zo 111/!6)StandardN.Y.B.T.u.Form aoDg Bargain and Sale DMd.with Conyananl agalnal Oranlal AG 006 w corporallon(Single allNl) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENTSHOULD BE USED BY LAWYERS ONLY. o� MUM K429 T azo / This Indenture, made the /3 day of ���`L nineteen hundred and eighty-nine Between DAVID E. KAPELL, residing at 143 Sixth Street, Greenport, New York 11944 and REBECCA ANNA LOU d0HAVENON, residing at 1150 Fifth Avenue, New York, New York 10128 party of the first part,and KENNETH J. LOCKHART and JUDITH M. McLOUGHLIN, his wife, residing at 114 West 86th Street, Apt. 7B, New York, New York 10024, DISTMM S°^T'.OlJ Pl.OrK� LOT party of the second partD " l L 17 $� 20 0 Witnesseth,thatthe arty of the first partin consideration of Tan Dollars consideration paid by " the party of the second art,does here •: P by grant and release unto the party of the second part,the heirs or successors 7�,kft and assigns of the party of the second part forever, q,a All that certain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and beinilmmw at Greenport, Town of Southold, County of Suffolk and State DIST. of New York; bounded and described as follows: 1001 BEGINNING at the corner formed by the intersection of the North side SECT. of North Street with the East side of First Street; ' running thence 002.00 along the easterly side of First Street, North 6 degrees 48 minutes 40 seconds west 105 .08 feet to land of Horton; thence along the LOCK southerly line of land of Horton, North 84 degrees 22 minutes 10 seconds 6.00 east 135.30 feet to land' of Corwin; thence along land of Corwin, south 6 degrees 49 minutes 40 seconds east 102.43 feet to the northerly side DT of North Street; thence along the northerly side of North Street, south 45.000 83 degrees 14 minutes 50 seconds west 135.31 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-- 8792 Subject to a mortgage made to the Dime Savings Bank of New York, FSB, in the principal sum Of $150,000 .00 and recorded in Liber 11371 mp.01 on which mortgage thereis now a balance of $147;373.25 and interest and Which mortgage the party of the second part expressly assumes and agrees to pay. The party of the second part executes this deed to evidence the assumption of said mortgage. 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 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 wherebythe said promises have bean 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 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 inde�ture.so.requires. of In Wknou Where ,the parry of the first part has duly executed this deed the day and year firstabove writter). IN PRESENCE OF: avid E. Kapell oOft.. AP.earruwl r R RECORDEI.E 25 1111 A. KINSEIU eHavenon APR z5 198, 98Clerk of Suffolk Counq /!i1 • c Kennet J. Lo hart IF t M. Mc oug inJ