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HomeMy WebLinkAboutL 8369 P 160 Sian2a Id N.Y.B-T.U.Form&Ml 10-69-15%1 Deed. hrvtCO3,,11anT ap,is,G:anior's Acts-1, i%; !of Co:! r. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USE© BY LAWYERS MONLY- �8369 PAGE E , THIS INDENTURE, made the 16th day of December nineteen hundred and seventy-seven I enty seven BETWEEN MICHAEL E. PANAOIJ and MARGARITA PANAOU, ,his wife COP bothresi ina a-k 25 46 33rd Street Astoria, New York : -C. ox I�tE -T1' A , 07 LLD r party of the first part, and I l 21 COBE REALTY INC. with offices at 47 Laurel Street Holbrook, New York Party of the second part, WITNESSETIthat the par-ty of the first part, in 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 heirs or successors and assigns of the party of the second part forever, the buildings and improvements thereon erected, situate, ALL-that certain plot, piece or parcel of land, with t' lying and being iqAlnc at Mattituck, Town of Southold, County of Suffolk and deskgrra-ted as—Ixyt—NiffTber map--ent-ftled`i St-a-te o-f-14-,-w-York, nap of Sunset Knolls, Section Two, Mattituck, Town of Southold, Suffolk County, New York," and filed in the Suffolk County Clerk's Office on April 9, 1970 as Map No 5448. I .Subject -bo covenants and restrictions of record affecting said premises. ISubject to a Contract entered into between the parties dated Deceafloer lq, 1977, providing for a reconveyance upon completion of construction of the c.) house. RECEIVED $--,- —---------- REAL ESTATE jo 3 13-[8 N lft4N-Z)FER TAX SUFFOLK TOGETHER with all right title and interest, if any, of the party of the first part in and to any streets and roads abutting the above de�cribed 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 pi-emises; 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 part), 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 such consid- erabon 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 "parti&` whenever the sense of this,indenture-so requires. IN WITNESS WHEREOF, the party o' he first part has duly executed this deed the day and year first above winten. ,- IN PRESENCE OF: lit& X n laalt- ' J. CCI jCr 1,378