HomeMy WebLinkAboutL 11759 P 777 T 891 standard N.Y•B.T.U.Norm 8002:Bargain&sale deed, JULIUS BLUMBENa,INC.,LAW BLANK PUBLIBHEN• 1
+ wltbcorenaot against grantor's acts—Ind,or Con).:single sheet
` CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
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S THIS INDENTURE, made the q'�t` day of January , nineteen hundred and ninety-six l
BETWEEN
a
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PETER B. KLIPP
� I Residing at 120 Old Main Road, Mattituck, New York 11952 '
DISTRICT SECTION StOCK I.OT
EE F21 Lm
party of the first part,and a 12 . 17 21 ZO
THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT, his/her successors
and/or his/her assigns,. having an office for the conduct of business
at 26 Federal Plaza, New York New York 10278-0068
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party of the second part,
WITNESSETH, that the party of the first ISait``tin consideration of Ten Dollars and other valuable consideration
paid by the party of the second part, does`4eAk 1grant and release unto the party of the second part, the heirs
or successors and assigns of the party of the's"rid part forever, ,
ALL that certain plot, piece ori,parcel,.,of, la d—w. th the buildings and improvements thereon erected, situate, t,
lying and bein txft at Grnppr` tan of Southold, County of Suffolk and
state of New York, bea,,rig' m_ articularly bounded and described as I
follows:
BEGINNING at the corne Afofined by the intersection of the
southerly side of Front ,S.tzi�' ;wi.th the easterly side of Fifth 9
Street and from said point 6i•:";beginninq; +
RUNNING THENCE along; the southerly fide of Front Street, North 5
84 degrees 33 minutes 30 s`c ds East 38 . 19 feet to lands now or
formerly of Carrig; '
THENCE along said land', -South 05 degrees 04 minutes 40. seconds
West 110. 38 feet to lands now or formerly of Asnestad;
THENCE along said lands, North 81 degrees 54 minutes 40 seconds
West 40. 85 feet to the easterly side of Fifth Street;
THENCE along the easterly side of Fifth Street, North 06 degrees
54 minutes 20 seconds East 101 . 31 feet to the point or place of
BEGINNING.
SAID PREMISES known as 429 Front Street, Greenport, New York 119,
"THIS deed is an absolute conveyance of title in effect as well j
as form and is not intended as a mortgage, trust conveyance or securii
of any kind. The consideration therefor is the full release of all
debts, bonds, notes, obligations, costs and charges heretofore subsist t
ing on account and by the terms of a certain mortgage (or trust deed)
heretofore existing on the property herein conveyed, executed by Pete] '
B. Klipp to Hartford Funding, Ltd. on the 27th day of April, 1990 and
recorded in Liber 15981 of Mortgages at page 70 in the Office of the
Clerk of the County of Suffolk; this conveyance completely satisfying l
such obligation and terminating said mortgage (or trust deed) and the
ry ,, notes (or bonds) secured thereby and any effect thereof in all respect
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
S , odo 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
0 2., 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 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" 0hall 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:
I
-I? a c�a n r n .SAN VIII109A NSW OF,�COUNTY
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