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HomeMy WebLinkAboutL 11511 P 196 t..a Standard N.Y.B.T.U.Form 8002 Bargain and Sale Deed,with Covenant againn Grantor's Acta—Individual or Corp onrion(Single Sheet) CONSULIT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 11511Pn196 / THIS INDENTURE, made the / of July , nineteen hundred and ninety-two BETWEEN ARTHUR L. LANE, residing at 629 Third Street, Greenport, New York 11944 35"J99 party of the first part, and ARTHUR L. LANE and MARY EWELL LANE, as husband and wife, both residing at 629 Third Street, Greenport, New York 11944 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 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 Village of Greenport, Town of Southold, County of Suffolk and State of New York, bounded and described as follows : TAX MAP BEGINNING at the northwesterly corner of other land of Lane and DESIGNATI Field, said point being the following two coursed from the intersection of the southerly line of Johnson Court and the westerly line of Third DISTRICT Street: ( 1 ) South 83 degrees 10 minutes West 100 .00 feet; thence ( 2 ) 1001 South 6 degrees 50 minutes East 100.00 feet to said point of beginning; from said point of beginning running thence along said other land of SECTION Lane and Field, South 6 degrees 50 minutes East 50 .00 feet to the 002 .00 southwesterly corner of said other land; thence along other land now or formerly of the Village of Greenport, three courses : ( 1 ) South BLOCK 83 degrees 10 minutes West 40 .00 feet; thence ( 2 ) North 6 degrees 50 04.00 minutes West 50 .00 feet; thence ( 3 ) North 6 degrees 10 minutes East 40.00 feet to the point of beginning. LOT 031 .000 BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by deed dated January 15, 1990, and recorded in the Office of the Suffolk County Clerk on May 22 , 1991 , in Liber 11266 of Deeds , at Page 586. ... . . RC.CEiI' l REL ESTATEJ"�*%LWNTY J11L 31 1TRANSFER TASUFFOLK (11 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 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 for this conveyance and will hold the right to receive such consid- eration 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 YRYSBNC& OF: °.,. 4 at .w P \`\•\ i ' -•- - AR'T'HUR L. LANE `' � RECORDED JUL 31 1992 �° x „f