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HomeMy WebLinkAboutL 11700 P 16 Suud:ud N.Y.II:I.I i. rmn. MIXT$--$Il pl1, D".I h (n.... again...f.rmim'a \n+—Ind i,id nal.+r Crt.....naI ion. (single rhea) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT.THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY THIS INDENTURE, made the 16 day of September nineteen hundred and 1994 BETWEEN / 700 FUDGE CORP. , a domestic corporation, having its principal place of business at 50800 Main Road, P.O. Box 1465, Southold, New York 11971, (� party of the first part, and DISTRICT SECTION BLOCK LOT F Rem [12 EV 20 0 12 17 21 NFB DEVELOPMENT CORP. , a domestic corporation, conducting business at 160 South Ocean Avenue, Patchogue, NY 11772, party of the second part, WITNESSETH, that the party 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the -.._. _.__. _...____ ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being at Southold, in the Town of Southold, County of Suffolk and State of New York, bounded and described as follower BEGINNING at a point on the southerly side of Main Road distant 112.42 feet westerly as measured along the southerly aide of Main Road from the inter- section of the westerly side of Young's Avenue, and from said point or place of beginning Running Thence South 14 degrees 51 minutes 30 seconds Bast Dist 200.00 feet; Thence South 73 degrees 30 minutes 00 seconds Neat 100.00 feet; Thence North 15 degrees 02 minutes 30 seconds west 200.00 feet to the 1000 southerly side of Main Road; Running Thence easterly along the southerly side of Main Road North 73 degrees 10 minutes 00 seconds Best 100.60 feet to Section the point or place of BEGINNING. 061.00 SUBJECT TO covenants, restrictions, agreements, easements of record, if any. BEING AND INTENDED TO BE the same premises conveyed to the party of the Block first part by deed dated 11/23/88 and recorded 11/29/88 in liber 10745 page 25. 04.00 That this conveyance is made in the usual, ordinary course of business of the party of the first part. Lot The conveyance of title hereunder shall not effect a merger of the following 022.000 mortgagee into the fee title of the above-described premises, (a) Mortgage dated 04/29/83, in the amount of $ 185,000.00, made by Theresa Frohnhoeffer to Southold Savings Bank, which mortgage was recorded in the State of New York, Suffolk County Clerk's Office on 05/19/83, in Liber 9565 mp 495, and extended by Extension Agreement dated 07/25/91, made between Fudge Corp. and Southold Savings Bank, which agreement was recorded in the Suffolk County Clerk's Office on - • 08/09/91 in Liber 16934 page 395, extending mortgage in Liber 9565 mp 495; t 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, covenpnts.1hal the party of the first part will receive the consideration for this conveyance and will hold the righj 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 construed as if it read "parties" whenever the sense of this indentpre so requires. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN FR FUDGE CORP. BY: T ' e: �L✓. -EDWARD P.ROM01E RECORDED OCT 26 1994 CLERK OF SILK COUNTV