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HomeMy WebLinkAboutL 7577 P 501 sand Id N.1 R. C.V......W02- B,,pm.nd WDeed wilh C-ve...I e8amt A,,,—T.d,,id.,j of C.,Pwnwn(Single h.. YCONSULT YOUR LAWYER BEFORE SIG"ING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY y 7577 PALL 501 THIS INDENTURE,made the 19th day of January nineteen hundred and seventy—four BETWEEN M. MICHAEL CUNNINGHAM and LORETTA A. CUNNINGHAM, his wife, —e Tnsfer both re Te ng at 760 Leslie Road, onic, New York NY Stam S Requjyed $8 . 25 party of the first part, and LORETTA A. CUNNINGHAM, residing at 760 Leslie Road, Peconic , New York— Ci party of the second part, WITNESSETH,that the party of the first part, in consideration of Ten Dollars and other valuable consideration Aocu 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, X 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, County of Suffolk and State of New York, known and designated as and by Lot No. 5 on a certain map entitled "Map of Bay Homes" , which map was filed in the office of the Clerk of the County Of Suffolk on June 2, 1972, as andby No. 5723. SUBJECT to a mortgage held by Riverhead Savings Bank in the unpaid amount of $20,676.84 with interest thereon. REAL ESTATE STATE Of * TRANSFER lAXi'tt ii, NEW YORK * 9. 2r, & Rn.10945 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 11OLD 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 WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: • X I M. —MichaelCunnihgham Loretta A. Cul'114-ingham tE5TT--R M. Af ER'rS­,4 —- --------- Cjet4 of RECORDED