HomeMy WebLinkAboutL 8076 P 98 Scavdard R Y.B.T.U_Form 8007"I1J5-20M Ba g.iin. J Sale llredw rh Ce�'envv,g lu.;Grmuor s A<u lndi% curl nc l.orpo vio,
`. CONSULT YOUR LAVVYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAVVYERS
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THIS MDFJnU E, made the �` y of July nineteen hundred and seventy-six
M-2961 RE7WEE,I LEON H. STANDLEY, residing at 40 Roselle Street,
Mineola, New York 11501,
IASTRICT SECTION BLOCK LOT
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party of the first part, and JOE SALAND
residing at (no number) Bridge Lane, Cutchogue, New York 11935,
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party of the second part,
1VMESSETH, that the party of the first part, in consideration of — — — — — — — — — — — — — —
1�h - - - - - - TEN AND 00/100 ($10.00) - - - - - - - - - - - - - dollars,
lawful money of the United States, and other good and valuable consideration 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,
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate,
lying and being in the Town of Southold, at Peconic, County of Suffolk and
State of New York, bounded and described as follows :
BEGINNING at a point marked by a concrete monument set in the
northerly side of Bay Avenue at the point where the southwest corner
Of the premises being described and land of Wiegand intersects said
northerly side of Bay Avenue;
RUNNING THENCE along said land of Wiegand North 4 degrees 07
minutes 00 seconds West 260 feet more or less to the ordinary high
water mark of Little Creek;
THENCE along the ordinary high water mark of Little Creek in
an easterly and northerly direction 765 feet more or less to a
dredged Canal;
THENCE along the dredged canal in a southeasterly direction
440 feet more or less to a stake and land of Martin;
THENCE along said land and through a stake and three concrete
monuments, South 4 degrees 07 minutes 00 seconds east 650 feet more
or less to a concrete monument in the northerly side of Bay Avenue;
THENCE along the northerly side of Bay Avenue South 87 degrees
01 minutes 20 seconds west 375 .00 feet to the point or place of
BEGINNING.
TOGETHER with all the right, title and interest, if any, of
the party of the first part, in and to Little Creek and said dredged
canal.
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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 des._ribed premises to the center lines thereof,
111 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.
This conveyance is subject to a first mortgage (Liber 4764 mp 239)
held by Riverhead Savings Bank in the amount of $35,000.00, now
reduced to $21,096.34 plus interest at 5 1/2% per cent per annum,
from July 1, 1976, and the party of the second part hereby assumes
and agrees to pay the unpaid balance of the principal sum of said
mortgage and interest thereon, and does hereby indemnify the party
of the first part from any claim for same. The party of the second
part has executed and acknowledged this instrument for the sole
purpose of evidencing his assumption of and agreement to pay the
unpaid balance of principal and interest on such mortgage and to
indemnify the party of the first part from any claim for same.
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 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
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 cf 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:
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a LESTER M. ALBERTSON
of ffolk County
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