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HomeMy WebLinkAboutL 8820 P 347 �. Standard N.Y.B,T L,Form 8007'to�79-20M—Barpan,and Sale Deed,with Coles]am agim't Grai tors Acts—Indi,olual or Cotnoratto, t CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. a uad I iER882 ?!GE347 THIS INDENTURE, made the .50 Zed ay of April , nineteen hundred and Eighty, M-3224 sETWEF.N (T-3224 ROBERT T. KLOS and SHEILA M. KLOS , his wife, both residing (T-4003) at (no number) Skunk Lane, P.O. Box #167, Cutchogue, New York 11935, ATIC # DISTRICT SECTION BLOCK LOT 07-98688 �0 o Lido `S 8 12 17 21 2d G party of the first part, and GEORGE SCHROEDER residing at (no number) Eugene's Road, Box 42-L Eugene's Road, C` Cutchogue, New York 11935, C party of the secand part, WITNESSETH, that the party of the first part, in consideration of - - - - - - - - - - - - - TEN AND 00/100 ($10.00) - - - - - - - - - - - dollars, lawful money of the United States, and other good and valuable consideratiol�aid 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 i&Ahx at Peconic, Town of Southold, County of Suffolk and State of New York, bounded and described as follows : BEGINNING at a point on the westerly side of Bay Avenue distant 479.52 feet southerly from the corner formed by the intersection of the southerly side of Eugene Road (Eugene's Road) with the westerly side of Bay Avenue which point of BEGINNING is where the northeast- erly corner of land now or formerly of Grzegorczyk, formerly of Newton intersects the westerly side of Bay Avenue; RUNNING THENCE South 64 degrees 13 minutes '00 seconds West along land now or formerly of Grzegorczyk, formerly of Newton 106.82 feet to the northwesterly corner of said land now or formerly of TAX MAP Grzegorczyk, formerly of Newton; DESIGNATION RUNNING THENCE 'North 24 degrees 04 minutes 20 seconds West on an Di�t. 1000 extension northerly of the westerly line of land now or formerly of Grzegorczyk, formerly of Newton, 57.54 feet to land now or formerly Sec, 097of Mason, formerly of Zeneski; D RUNNING THENCE North 64 degrees 13 minutes 00 seconds East along alt. 08rQ land now or formerly of Mason, formerly of Zeneski, 99.88 feet to the 01O,QD westerly side of Bay Avenue; Lots): RUNNING THENCE South 30 degrees 58 minutes 10 seconds East along the westerly side of Bay Avenue 57.74 feet to the point or place of BEGINNING. BEING AND INTENDED TO BE the same premises conveyed by Egon ` rY eger -to Robert T. Klos and Sheila M. Klos, his wife, parties of the �l1 first part herein, by deed dated January 7, 1974 and recorded in the Suffolk County Clerk's Office on January 14, 1974 in Liber 7569 of Deeds at page 125. RC-AL "TATE MAY 1 21980 V TR,A'NSPiw TQC RECORDED MAY 12 1980 ARTHUR J. FELICE Clerk of Suffolk Count}( I L1: E'nS 2?0¢!GE3 1 TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and a , 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. This conveyance is subject to a first mortgage (Liber 6970 mp86) held by SOUTHOLD SAVINGS BANK in the amount of $12,000.00, now reduced to $10,114.09, plus interest at fourteen (14%) per centum per annum from April,°30, 1980, and the party of the second part hereby assumes and ' agrees to pay the unpaid balance of the principal sum of said mortgage and interest and does hereby indemnify the parties of the first part from any claim for same. The party of the second part has executed and acknowledged this instrument for the sole purpose of evidencing his assumption of and agreement to pay the unpaid balance of principal and interest on said mortgage and to indemnify the parties of the first part from any claim for same. I 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 incumbered 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 firstfor 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: / (L.S .) (Robert T. K10s) (Sheila M. Klos) c � (L.S .) (Geor6 Schroeder) RECORDED MAY 1980 ARTHUR J. FELICE ^ Clerk of Suffolk COHN