HomeMy WebLinkAboutL 11796 P 853 X12
�WC82 Sundud N.1,D.T.O.Form 8002• -Bustin and Stle Deed. with Cove. :•inu Gumoi t Acts—Indisidwou
l ,Cenpotion(tingle sheet)
( I trHI CO(J.SULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
r, r THIS INDENTURE,made the 5th day of August nineteen hundred and ninety six
BETWEEN Shadi Enterprises Inc. , having an address at 38 Executive
(j Drive, Manhasset Hills, New York
DISTRICT SECTION BLOCK LOT
IZI
0 12 !!! 17
1 party of the first part, and Portfolio Capital, Inc. , having an address at
7 Muchmore Lane, East Hampton , NY SjfW
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 partyof 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
See Schedule A Attached.
TOG ETI IL'R with all right, title and interest, if any, of the party of (he first part in and to any streets and
roads nbutting 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
BOLD 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 12vty 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 PRESENCE OF:
Shadi Enterprises, Inc.
By: � G,_�c
She]omoik_ ayem Shadi,
President "
RECORDED OCT 11 1996 a1.ERKOFSUFFFOuc "l
11'796 ?t853 ..A.,
AJ.L THAT CERTAIN PLOT, PIECE, OR PARCEL OF LAND, SITUATE, LYING,
AND BEING IN THE TOWN OF SOUTHOLD, COUNTY OF SUFFOLK AND STATE OF
NrEW YORK, MORE PARTICULARLY BOUNDED AND DESCRIBED AS FOLLOWS:
BEGINNING AT A POINT ON THE NORTHWESTERLY SIDE OF PARADISE POINT
ROAD; SAID POINT BEING AT THE SOUTHEASTERLY CORNER OF THE PREMISES
ABOUT TO BE DESCRIBED HEREIN WHERE THE SAME IS INTERSECTED BY THE
NORTHEASTERLY CORNER OF LAND NOW OR FORMERLY OF WEYMOUTH:
RUNNING THENCE FROM SAID POINT OR PLACE OF BEGINNING ALONG THE
NORTHEASTERLY SIDE OF SAID LAST MENTIONED LAND, NORTH 65 DEGREES,
X06 MINUTES, 40 SECONDS WEST 200.0 FEET;
THENCE NORTH 65 DEGREES, 06 MINUTES, 40 SECONDS WEST 150.0 FEET;
THENCE SOUTH 70 DEGREES, 42 MINUTES, 50 SECONDS WEST 1179. 19 FEET
TO THE SOUTHEASTERLY SIDE OF LAND NOW OR FORMERLY OF G. AKSCIN;
THENCE ALONG SAID LAST MENTIONED LAND THE FOLLOWING 3 COURSES AND
DISTANCES:
1) NORTH 22 DEGREES, 24 MINUTES, 30 SECONDS EAST 336.98 FEET;
2) NORTH 21 DEGREES, 45 MINUTES, 20 SECONDS EAST 363 .40 FEET;
3) NRPTH 23 DEGREES, 02 MINUTES, 50 SECONDS EAST 406.50 FEET TO
THE SOUTHWESTERLY SIDE OF LAND NOW OR FORMERLY OF STOTT ESTATE;
THENCE ALONG SAID LAST MENTIONED LAND THE FOLLOWING 8 COURSES AND
DISTANCES:
1) SOUTH 46 DEGREES, 14 MINUTES, 20 SECONDS EAST 240.62 FEET;
2) SOUTH 20 DEGREES, 05 MINUTES, 10 SECONDS WEST 31.20 FEET;
3) SOUTH 88 DEGREES, 01 MINUTES, 10 SECONDS EAST 135. 15 FEET;
4) SOUTH 52 DEGREES, 13 MINUTES, 0 SECONDS EAST 147.85 FEET;
5) SOUTH 55 DEGREES, 53 MINUTES, 0 SECONDS EAST 219.05 FEET;
6) SOUTH 57 DEGREES, 50 MINUTES, 30 SECONDS EAST 369.44 FEET;
7) SOUTH 38 DEGREES, 37 MINUTES, 0 SECONDS EAST 67.10 FEET;
8) SOUTH 57 DEGREES, 22 MINUTES, 50 SECONDS EAST 102.50 FEET TO
THE NORTHWESTERLY SIDE OF PARADISE POINT ROAD AND;
THENCE ALONG THE NORTHWESTERLY SIDE OF PARADISE POINT ROAD, SOUTH
24 DEGREES, 53 MINUTES, 20 SECONDS WEST 69.16 FEET TO THE POINT OR
PLACE OF BEGINNING.
TOGETHER WITH AN EASEMENT OF INGRESS AND EGRESS IN, TO AND OVER A
25 FOOT RIGHT OF WAY MORE PARTICULARLY BOUNDED AND DESCRIBED AS
FOLLOWS:
BEGINNING AT A POINT ON THE NORTHEASTERLY SIDE OF CEDAR BEACH ROAD;
SAID POINT OR PLACE OF BEGINNING BEING DISTANT 80 FEET SOUTHEASTER-
LY AS MEASURED ALONG THE NORTHEASTERLY SIDE OF CEDAR BEACH ROAD
FROM THE CORNER FORMED BY THE INTERSECTION OF THE NORTHEASTERLY
'SIDE OF CEDAR BEACH ROAD WITH THE NORTHWESTERLY SIDE. OF CEDAR BEACH
ROAD;
RUNNING THENCE FROM SAID POINT OR PLACE OF BEGINNING, NORTH 3
DEGREES, 54 MINUTES, 10 SECONDS EAST 74 . 07 FEET;
THENCE NORTH 22 DEGREES, 24 MINUTES, 30 SECONDS EAST 212 . 12 FEET;