HomeMy WebLinkAboutL 11724 P 402 Sw,,Wd N.Y.n.'1'.U. Ppnn}N)01 3-73 Vuiwt.hn Deed—lndiAdnsl or Co,por.ion(single sheet)
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CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
THIS INDENTURE,made the ��� day of �Y nineteen hundred and
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BETWEEN
I GEbRGE'KOKKINOS and STEVEN TSOKANOS, both residing at 436 Peconic Lane,
Peconic, New York
party of the first part,and
HOWARD REINHART, 107 E. Long Beach..Road, St. James, New York;;
JOSEPH REINHART, 83 Jefferson Avenue, St. James, New York; and
ANN A. CHADWICK, 1257 Shadow Way, Greenville, South Carolina .+
DISTRICT SECTION BLOCK -*+LOT
party of the second part, O L �d
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0 12 17 21
WITNESSETH, that the party .of the first part, in consideration of Ten Dollars an other valuableo .
sideration 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, situ-
ate, lying and being ftKtttie at Peconic, Town of Southold'. County of Suffolk and
State of New York, more bounded ani descrihnd as follows-
BEGINNING at a stake set on the northerly line of Main Road at the southwesterly
corner of lands now or formerly of Curt W. Meyhoefer and Hope E. Capossela:
RUNNING THENCE along said northerly line of Main Road South 42 degrees 00 minutes
West 182.80 feet to a concrete monument and land now or formerly of Lillian
A. Gozelski;
THENCE along said land North 40 degrees 17 minutes West 253.80 feet to a
concrete monument and land now or formerly of George Berkowski;
THENCE along land now or formerly of George Berkowski North 49 degrees
54 minutes East 188.80 feet to an old post;
THENCE still along land now or fomerly of George Berkowski and later along
land now for formerly of Curt W. Meyhoefer:: and Hope E. Capossela South
37 degrees 54 minutes East 181.24 feet to a certain fence post;
THENCE still along said land South 40 degrees 09 minutes East 47.57 feet to
the point or place of BEGINNING.
IT BEING the intention of the parties that the mortgage to the parties of the
second part from the parties of the first part dated the 24th day of May, 1988,
and recorded in the Office of the Clerk of the County of Suffolk on the 9th day
of June, 1988, in Liber 14143 of Mortgages, page 487, shall not merge into the
fee interest conveyed hereby, but that such mortgage shall remain as a good and
valid mortgage, separate and apart from any other interest olf the parties of the
second part in the fee.
THIS DEED is an absolute conveyance of title, in effect asw 11 as form, and is not
intended as a mortgage, trust conveyance or security of any Lind. The consideration
therefore is the full release of the parties of the first part from all debts,
bonds, notes,,obligations, costs and charges heretofore subsisting on account and
by the terms of the aforementioned mortgage.
TOGETHER with all right, tide and interest, if any, of the party of the first part of, in and to any streets
and roads abutting dte above-described premises to the center lines thereof; TOGETHER with the appur-
tenances 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, 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 con-
sideration as a trust fund to be applied first for the purpose of payingthe 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:
G ORGE KOKKINOS
STEVEN.TSOKANOS
RECORDED -MAY 8 1995 EDWARD O-F—S P. FOLK CO 1,