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HomeMy WebLinkAboutL 8474 P 161 Standard N.Y.S.T.U.Form 8002 VYCB2 -Bargain and Sale Deed,with Covenant against Grantor's Acts—Individual or Corporation(single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. Y o P LIBER 8474 PACE 161 THIS INDENTURE,made the Z ! day of July , nineteen hundred and seventy-eight ,BETWEEN GRABIE APPLIANCES, INC. , a Domestic Corporation having its principal place of business at Main Road, Mattituck, New York, LNSTRMT SECTION BLOCK LOT 8 i2 €7 21 2E party of the first part, and GRABIE-SCUDDER APPLIANCES, INC. , a Domestic Cor- poration having its principal office at Main Road, Myttituck, New York, 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 Town of Southold. at Mattituck, County of Suffolk and State of New A k, more particularly described as follows: INNING at a point on the curved southeasterly line of the Main Road, 360.67 feet therly and then northeasterly along said Main Road from New Suffolk Avenue, said nt of beginning being the northwesterly corner of land conveyed by the party of first part to John L. Moore and Phyllis R. Moore, his wife, and from said point ofinning running northeasterly along said southeasterly line of Main Road on a curve the right, having a radius of 277.0 feet, a distance of 108.27 feet to land of Pop- ular Liquor Store, Inc. BLOCK RUNNING THENCE along said land South 31 degrees 38 minutes 30 seconds East, 75:63 feet' 011• p to a monument and land of Roy Reeve;THENCE along said land of Reeve the following two courses: (1) South 14 degrees 46 minutes 50 seconds East, 7.0 feet town iron pipe and' LOT (2) Thence North 83 degrees 31 minutes 50 seconds East 12.0 feet to an iron pipe and •Q Q© and of Wasson;RLMING THENCE along said land of Wasson South 6 degrees 28 minutes 10 seconds East, 60.0 feet to a monument and land of Selma Reeve; THENCE along land of Selma Reeve South 37 degrees 39 minutes 00 seconds West 26.52 feet to mid land con- veyed to John L. Moore and Phyllis R. Moore, his wife;TBENCE along sai:d_jand the following four courses: (1) North 55 degrees 47 minutes 00 seconds West 72.0 feet; (2) North 38 degrees 36 minuteslo0 seconds West 15.6 feet; (3) South 33 degrees 24 Mminutes 00—,seconds West, 11.0 feet; ,and (4) North 55 degrees 47 minutes 00 seconds CQ West11 / 52.47�feet to the point of BEGINNING. i� SUBJECT to a_Purchase Money second mortgage in the amount of Twenty--five thousand ($25,000) dollars subordinate to first mortgage held by the Suffolk County National Bank of Riverhead. SUBJECT TO a right of way recorded in Liber 3693, cp 222. 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 t� the party of the second part forever. 1 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 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, iG9s IN PRESENCE OF: RECEf✓EID 13_p G B AP PL N INC. , - ` REAL ESTATE AUG 4 TR„14SFER iAX - SUFFOLK F Q R D E D U G o4 ARTHUR J. FELICE MW 1978 Clerk of Suffolk County