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HomeMy WebLinkAboutL 11769 P 259 .. WCb2 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. 0 ®A r THIS INDENTURE, made the ? J day of March , nineteen hundred and ninety six O BETWEEN WILLIAM OSTER, residing at El /_ 117/ q 119 Soundview Terrace, Northport, New York y - 3 0� party of the first part, and PHILIP MARCARIO and PATRICIA MARCARIO, his wife CIS® both residing at 2878 North Wading River Road, Wading River, N.Y. doA Aparty of the second part, i,- WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valuable consideration WW+ 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, 44 ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, ~ lying and being in the r U NSEE DESCRIPTION ANNEXED O A Being the same premises described in the deed to the parties of the first part herein by deed from Bobra H. Wetmore, dated July 20, 1990, recorded August 3, 1990 in Liber 11115 Page 264. Said premises are known and designated as District 1000, Section 045.00, Block 04.00 and Lot 008.003. Party of the second part assumes and takes subject to the first mortgage lien of North/ Fork Bank in the approximate principal amount of and the second mortgage lien A of James P. Kavanagh in the approximate principal amount of $ 19401nl r..Ctt). r76'�a.Q Cyd. P/t kFl�) brxC. -d P1711VI.5 /. 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 wvord "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: \ CAJ A ��ll16� WILLIAM OSTER 1 �1� R E C Q R D E DEDWARD P.ROMP M: LIP MARCARIO ANi 9 1996 WMOF&#FM V_A�qV, , AM Title No. 96-AS-10802 (6115719' SCHEDULE A ALL that certain plot, piece or parcel of land, situate, lying and being in the Town of Southold, County of Suffolk and State of New York, bounded and described as follows: BEGINNING at a point on the Northerly side of Main Road (N.Y:S. Route 25) distant 259.60 feet Were liner ection of along Northerthe ly side of Mof ain Roadain aandothe the corner formed by Westerly side of Moore's Lane; running thence along the Northerly side of Main Road SOUTH 75 degrees 14 minutes 40 seconds West, 254.65 feet to lands now or formerly of Zipkas; ees thence alonglands feetdto lands now or formerly of the Village ntioned NORTH 06 ofrGreenpor�nutes 20 seconds West, 274.8 H 89 rees 57 minutes East, land s last above mentioned lands now or formerly of N wTYork Tel0 seconds Telephone Company 265 40 feet thence along lands last mentioned, the following two courses and distances: 1. SOUTH 00 degrees 18 minutes 40 seconds East, 159.41 feet; degrees2. SOUTH 15 rnt or 3 minutes 20 seconds e of BEGINNING.East, 50.54 feet to the Northerly side of Main Road at the p 'i R AI's; 9 1996 SUFFDWMDP 4� tl iJFOLKr((7 �