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CONSULT YO LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
THIS INDENTURE, made tlday of5OCIMN ninete/iddred and ninety-four
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GEORGE M. LAOUDIS and TINA LAOUDIS, his wife, both residing at 18
Chesterfield Road, Parsippany, New Jersey, as to an undivided one-
quarter interest; party of the first part, and
THEODORE LAOUDIS and ANGELA LAOUDIS, his wife, both residing at 23
Van Buren Court, Cresskill, New Jersey, as to an undivided one-half
interest, as tenants by the entirety, party of the second part
WITNESSETH, that the party of the first part, in consideration of EIGHTY FIVE
THOUSAND ($85,000.001 AND 00/100 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,
ALL that certain plot, piece or parcel of land situate, lying and being
at Southold, Town of Southold, County of Suffolk, New York, bounded
and described as follows:-
BEGINNING at a point marking the intersection of the southerly line
of the Main Road and the easterly line of Wells Avenue, and
running thence along the southerly line of the Main Road, North 73
degrees 17 minutes 20 seconds East 147. 51 feet to a right of way;
running thence along the said right of way and along land now or
formerly of Suffolk County Trust Company South 15 degrees 55
minutes 50 seconds East 664 . 12 feet to Wells Avenue;
running thence along said Wells Avenue the following two (2)
courses and distances as follows: (1) South 70 degrees 22 minutes
20 seconds West 149.89 feet; (2) thence North 15 degrees 45
minutes 10 seconds West 671.78 feet to the point or place of
BEGINNING.
BEING AND INTENDED TO BE the same premises conveyed to the party of
the first part by deed from Leo Schneider and Judith Schneider, his
wife, dated 7/10/87 and recorded in the Suffolk County Clerk's
Office on 7/16/87 in Liber 10366 page 547.
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 Lion Law,
covenants that the party of the first part will receive the consideration for this
conveyance and will hold the right to receive such consideration 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 sane 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:
A � C
GE RGE N. LAOUDIS
INA UDIS
RECORDED ;JUL 21 1994 tMWRRO N
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