HomeMy WebLinkAboutL 8237 P 53 Standard N.YB.T.U..Form 8007-10M. -Ba-gain and Sale Deed,with covenant against Gmntori Acts—Individual or Gorlwration.
CONSUr�LT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
Consider,r-
ation foL1,BER 8237 PAGE 53
this con- THIS INDENTURE,made the 16th day of May ,nineteen hundred and seventy-seven
veyance is' BETWEEN
same amours
as mortgage
P R B WARES, INC. , a corporation organized under and existing
assumed by by virtue of the business law of the State of New York, having
grantee its principal office at (no number) Main Road, Cutchogue, New
York 11935
UIGT SEI^�-f ON BLOCK LOT
party of the first part,and 8 12 17 21 26
��S c PHYLLIS RAYNE BYER, residing at 20 Fifth Avenue, New York, New
York 10011
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party of the second part,
_-__ I W TNESSE-TH,that-the-party of-the-first part,in--consideration of -- -- -- -_--.
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Ten ($10. 00)------------------------------------------------ dollars,
lawful money of the United States, paid
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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,
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ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
jlying and being iutbix at Peconie, in the Town of Southold, County of Suffolk
Iand State of New York, bounded and described as follows:
IDIST BEGINNING at the corner formed by the intersection of the northeasterl.
side of Skunk Lane (Bay Avenue) _: with he. southeasterly side of Main
Road;
0 running thence along the southeasterly side of Main Road, North 35
degrees 44 minutes 00 seconds East 64.42 feet to the southwesterly
SEC` side of land now or formerly of M.V.B. Schaumann;
' thence along said land South 45 degrees 16 minutes 10 seconds East
S 163.30 feet to the northwesterly side of land now or formerly of
LOCK Mable Richmond;
thence along said land South 47 degrees 28 minutes 00 seconds West
70.85 feet to the northeasterly side of Skunk Lane; :
and thence along the northeasterly side of Skunk Lane North 42 degrees
LOT 32 minutes 00 seconds West 150 feet to the southeasterly side of
Main Road at the corner aforementioned and the point or place of
BEGINNING.
BEING AND INTENDED TO BE the same premises conveyed to P R B Wares,
Inc. by Mabel T. Richmond by deed dated June 24, 1976, recorded
in the Office of the Clerk of the County of Suffolk pn October 8,
1976 in Liber 8119 cp 395.
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1s7 P.E.G ' JEDc "4
1'L
ESTATE
i.;'ERSLI}FOCC! HN
r�
LESTER M ALBERTSON
}3R� �a 77 Cif-r� of C �ite�."v (7r,:`.V
KR8237 PAGE 54
TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
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roads abutting the above described premises to the center lines thereof,
Ii 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.
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3 The grantee herein, Phyllis Rayne Byer, hereinbelow affixes her
�j signature to this instrument evidencing her agreement to assume and
pay the existing mortgage on the premises described herein which
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was made to the Southold Savings Bank by P R B Wares, Inc. , the
grantor herein, dated October 2 , 1976 and recorded October 8 1976
in the Suffolk County Clerk' s Office in Liber 7730 at page 283,
fon which the present remaining principal balance is $24, 000.00
�! with interest paid to May 16, 1977.
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AND the party of the first part covenants that the party of the first part has not done or suffered anything
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li 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
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the first art will receive the consideration for this conveyance and will hold the right to receive such consid-
eration
Y
I� eration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will apply
1 the same first to the payment of the cost of the improvement before using any part of the total of the same for
I�
any purpose.
other
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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.
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l IN PRESENCE OF:
3t B WARES N f
WARES.,-, - , b ,-
f - Phyllis Rayn Byes, President
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c-- r`' ----�S
Phyllis/Rayne Byer
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LE, -R M. ALBERTSON
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