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HomeMy WebLinkAboutL 8855 P 135 N• Y. S Standard N.Y,B.T.tl.Form'.B002ar�-79-7itM—Bargain and Sate Deed, wnh Covenant again,t Grantors Acts—Individual or Corporation,(single sheet) TRANSFER T STWWS CONSULT YOUR LAWYERBEFORE SIGNING THIS INSTRUIkl1ENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. l6ERS r THIS INDENTURE,made the 16th day of July , nineteen hundred and eighty BETWEEN EDWARD COSGROVE, residing at 1340 N. Dearborn Street, Unit 14A, Chicago, Illinois 60610, party of the first part, and EUGENE GIANNONE, residing at (no #)Main Road, Mattituck, New York 11952, CIST1ICT SECTION SLOCX LOT _ l LO # 82 lT 21 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 ihAkm at Mattituck, in the Town of Southold, County of Suffolk and State of New York, bounded aricl described as follows: BEGINNING at a point on the southerly side of Main Road (N.Y.S. Route 25) formerl, Icings Highway, distant westerly (1) South 74° 40' 10" West, 70.50 feet and (2) South 77° 11' 40" vilest, 145.96 feet westerly from the westerly line of the Mattituck Library Association as measured along the southerly side of Main Road; running thence South 4° 14' East along land of Reeve Lumber and Wood Working Co. Inc. , 320.39 feet to a point: =hence still along said land, South 730 34' West, 74,60 feet to a point; thence North 40 18' 10" West along land of Nicholas and Olympia Kouros, formerly land of Burgess, 325.10 feet to the southerly side of Main Road; thence North 77° 11' .40" East along the southerly side of Main Road, 74.13 feet to the point or place of BEGINNING. SUBJECT to a mortgage held by Southold Savings Bank dated 12/15/77 in the sum . of $39,000.00 and recorded in the Suffolk County Clerk's Office on 12/15/77 in Liber 8070 of mortgages at page 136, and on which said mortgage there is now due and owing the principal sum of $37,688.08 and interest, and which said mortgage the party of the second part agrees to assume and pay. caw A $----- ...... REAL ESTATE 4¢ 3SO67 JUL 1 81980 AX P TR'A TSFE1t TAX DESIGNATION SUFPOL'K .' GOuN'TY Dist. 1000 TOGETHWA t all right, title and interest, if any, of the party of the first part in and to any streets and roads abuttmgxye.above described premises to the center lines thereof; TOGETHER with the,atppurtenances Sec 114.00 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 BI.11.00 the party of the second part forever. Lot(s):004.000 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 Liel}.�aaat!cojzq;�t t e �Yy of the first part will receive the consideration for this conveyance and will hold tt t t�Wve.W t consid- eration as a trust fund to be applied first for the purpose of paying the cost "i it f i4A�Uezt"nd vill apply the same first to the payment of the cost of the improvement before using anyIb'ta bfU' 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 y and year first above C� written.. U IN PRESENCE OF: Ed qsg ve Eur • Gia? ne �._ ARTHUR J. FELIGE "� RECORDED JUL is 1980 clerk of ;;uffolk County