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L 8083 P 593
fi Ute t.. 1 CONSULT YOUR LAWYER BEFORE SIGNING THIS t.45TRUMENT—THIS INSTRUMENT SHOULD 13E USED 6Y LAWYERS ONLY. THIS INDENTURE, made the cYRt� dad' of A vav S r nineteen hundred and Seventy-Six BETWEEN ADELPI3f LAND CORP. , a domestic corporation having an office at P. O. Box 791, Middle Country Road, Mattituck, New York, I �p party of the first part, and GEORGE KOUTSOURAS and VOULA KOUTSOURAS, his wife, both residing at 22=12 42nd Street, Astoria, New York, tYSTRICT SECTION BLOCK LOT 12 ZI party of the second part, 17 2a WITNESSETH,that the party of the first partin 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 heir 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 Nat Mattituck, Town of Southold, County of Suffolk and State of New York; known and described as Lot No. 120, on '.'Map of Captain Kidd Estates, „ ,' filed in the Office of the Clerk of the County of Suffolk on January 19, 1949, as Map'No. 1672. rt REAL E5 I A I c < AUG 91976 K%•`i© TRAPP FEIi TAX $Ur+*ot 1 CpUNIY This conveyance is made in the regular course of business as such business is actually conducted by the party of the first part. Subject to a mortgage held by the Southold Savings Bank in the sum of $.1.5,OG'�L1. ©ts TOGETHER with all right,title and interest, if any, of the party of the first part of, in and to any streets acct roads abutting the above-described premises to the center lines thereof; TOGETHER with theUIWW and all the estate and rights of the party of the first part in and to amid premises; TO HAVAND HOLD the premises herein granted unto the party of the second part, the heirs or successors and aaignr 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 bold the right to receive arch consid- eration as a trust fund to be applied first for the purpose of paying the cost of the,improvement and wiU apply the same first to the payment of the cost of the improvement before using any part of the total of the samee rar any other purpose. The word "party!'dall be construed as if it read "parties” whenever the sense of this indenture so requires. IN WITNE$$'NNEREOF,the party of the first part hasduly executed this deed the day and year first above written. / s ` r IN PaMNci OF:. ` �r r , x.M Jai ADELPHI LAND CORP. �! r1 4 BY: \ ` STEPH N G. VSONTAKIS IF .s RECORDED _ ! 1 �6 < ;LESTER M ALBERTS N aUrlt of Suffolk CcwtY