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HomeMy WebLinkAboutL 8441 P 437 LIE[ 844 : puf4j T Standard NX-B.T.U.Form 8002-20M Bargain aril Sire Dena,with Co4enanis against,Grantors Acts—Individual or corporation. (single sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT•THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY 1 THIS INDENTURE, made the y _day (if May nineteen hundred and seventy-eight w ' BETWEEN NO USID&WI HIGHLAND DOWNS CORP.. , a domestic corporation with offices at 648 Route 25A, Rocky Point, New York 11778. party of the first part,and lit.TRIC'f S�€°TI N BLOCK LOT 1 . ANGELA'IPISACANO';2residing at Thompson Sheet, Shoreham, New York 11786. IISTRICP: 1000 party of the second part, t ,art, in consideration of ten dollars and other valuable consideration FX_'TION: WITNESSETH,that the party of the firs 111.00 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, LOCK: ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, 11.00 lying and being k�ft at Nassau Point, Southold Town, Si ffolk Countv . New York, known and designated as Lot Number 397 on Map entitled, "map OT: _of Section_ D, _Nassau-Point--Club P-ropexti-es, Inc. , _situated- on,Nassau. _-:____ 9.000 Point, Suffolk County, New York, surveyed March 24, 1926 , by Otto W. Van Tuyl, C.E'. , and Surveyor, Greenport, New 'York" and filed in the Office of the Clerk of Suffolk County, N.Y. , File No. 806, on May 7, 1926. BEING AND INTENDED TO BE the same premises as conveyed to the party of the first part by deed dated July 31, 1976 , and recorded on March lC, 197':, in Liber 8202, Page 510. SUBJECT to a first mortgage in the sum of $11, 489 . 49 , held by Uppham Downs Corp. Grantee hereby agrees to assume the obligation of the existing mortgage CD and acknowledges such obligation by execution of .this deed. M LO L7 3 s Vft � 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 construed as if it read "parties" whenever the sense of this indenture so requires. IN WITNE =the party of the first part has duly executed this deed the day and year first above written.' IN P HIGHIAM DOWS CORP. f BY: 'a �- r- T.n - 71R1FTUR J. F€LIGE _, , RECORDED JUN 8 1978 Clerk of Suffolk County