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HomeMy WebLinkAboutL 8028 P 545 Seanda,d N.Y.B.T.U.Fovm 8007+5 74-70M—$,gain and Sale Deed -h Coven Aet Apiest Graawv s Aar Indsidu at ec Co:?oca-ion(Single sheer) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY, I ll i Br 0028 i-1.545 THIS INDENTURE,made the 30 day of April nineteen hundred and seventy-six BETWEEN JC2PIF F. NEAL, residing at 2 Puritan Avenue, Forest Hills, New York ii1Si?^ �ry , - F 1 ^;T rLLJ ,_m 13 LJ 17 i 2b X71 party of the first part, and BELA R. RIF(3"R and. BARBARA L. RIFGF,R, his wife, both C, residing at 74 First Street, Garden City, New York ,A) party of the second part, WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valuable consideration q paid by the party of the second part, does hereby grant and release unto the party of the second part, the heirs Q) 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 created, situate, lying and heing-ictlow at Nassau Point, or Little Hog Aleck , Town. of Southold, Co•zaty c"'' Suffolk and State of New York, known and designated as Lot No. 125 on a certain map entitlyd n Amended Map A of Nassau Point, owned by Nassau Point Properties, Inc., situate in the Town of Southold, Long Island, New York, surveyed June 28, 1922 by Otto W. Van Tuyl, C.^, and Sltrveyor, Greenport, !Teta York," and filed in the Office of the Clerk of the County of Suffolk on August 16,1922 as Map No. 156. Together with all littoral rights, easements and rights of way appurtenant to said Mpremises as a lot owner in the filed map. rLC Being the saine premises convey.d to the grantor herein by Lucille Manamber Goodsitt by deed datedkor} 1.3,1975 and recorded in the Cffice of the Clerk of the County of Suffolk on June 5,1975 at Liber7R5l of Deeds , page276 . As part consideration for this conveyance, the party of the second part hereby assumes payment of the balance of '25,499.85 with interest at 8 and 1/2 % per annum, being the amount unpaid and to be paid on a certain mortgage in the orifi inal sum of :130,000.00 , now a lion on said premises, and recorded in the office of the Clerk of the County of Suffolk, on June 5,1975 in liber 7348of mortgages`; at page 141• Sobjest to covenants and restrictions in deed from Nassan Point Club ,Pronerties, ` Inc. to Robert H. Bryson, dated 7-26-1924 and recorded 7-2"-1921 in liber 1107 mp 157. REAL ESTATE ' S7ArtErC1k �r`; Tf AtiSfER TAX' NEW Y©RK Deg cf t4ar s Ts 3 8: 5 0 x 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 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. 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 hold the right to receive such consid- eration 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:construedw if it read "parties' wnener the sense�,oE his indentwe so fres. ana Lner',y c, tie recon pa _ 'iave ;INWITNESS F,the patty of the first partAad duly executed this deed the day and year first above ten,r xc z� MAY B t97$ Crrrk Of 50-folk COMP + �:E�Iett'