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HomeMy WebLinkAboutL 7495 P 37 ( ; CONSULT YOUR LAWYER.BEFORE SIGNING THIS INSTRUMENT—THIS ry INSTRUMENT SHOULD LD BE USED BY LAWYERS ONLY. 7495 PASE 37 THIS INDENTURE, made the 18thday of September, nuneteen hnndred and seventy-three BETWEEN GUNTER MORCHEL and GISELA MORCHEL, his wife, both residing 575 Ships Drive, Southold, New York, II I� party ofthe first part, and FRANK KOWALESKY and GLORIA KOWALESKY; his wife, both residing at 10 Rachel Avenue, Commack, New York, 7 party of the second part, WITNESSETH, that the parte of the first part, in con�i,',cration ofOne and 00100----------- --------------------------------------------------- ($1. 00) ---------- --------------------------------------------------- ($1. 00) dour:. lawful money of the United states, and other good and valuable consideration paid by the party of the second part, does herebc grant and rclea<e unto the party of the ec,,(l part, die heirs ov t successors and assigns of the party of the second part forever, `t ALL that certain plot, piece or parcel of land, with the huddings and improvements thereon erected, s:tulte, j t^ lying and being 4tyi4i at Mattituck, Town of Southold, County of Suffolk and State of New York, bounded and describeld as follows : BEGINNING at a point on the easterly side of Marratooka Lane (Avenue) distant 300 feet southerly from the corner formed by the intersection of Main Road (New York State Route 25) with the easterlv side of Marratooka Lane; running thence South 88 degrees 37 minutes 40 seconds East 150 feet; running thence South 1 degree 22 minutes 20 seconds West 100 feet; running thence North 88 degrees 37 minutes 40 seconds West 150 feet to the easterly side of Marratooka Lane; and running thence along the easterly side of Marratooka Lane North 1 degree 22 minutes 20 seconds East 100 feet to the point or place of BEGINNING. SUBJECT to covenants and restrictions of record affecting said premises . BEING AND INTENDED TO BE the same premises as conveyed by John 114 J. Miska to the party of the first part herein by deed dated June 24, 1963 and recorded in Suffolk County Clerk' s Office on June 28, 1963 in Liber 5370 of deeds at page 379 . t I THIS CONVEYANCE is subject to a mortgage executed by Gunter I Morchel and Gisela Morchek, his wife, to Southold Savings Bank, dater] Jauuary 8, 1964 in the principal sum of $9, 000. 00, and recorded in Suffolk County Clerk' s Office on January 1.6, 1964 in Liber 4290 of mortgages at page 585, and which said mortgage was consolidated -i.th a further mortgage executed by Gunter Morchel and Gisela Morchel, hi:; wife, to Southold Savings Bank, dated May 10, 1968 and recorded in Suffolk County Clerk' s Office on May 16, 1968 in Liber 5378 of mort- gages at page 178, so as to constitute one single first mortgage in the sum of $16, 584 .24, on which said mortgage there is now due and unpaid, as of this date, the principal sum of $13,887. 78 with interest thereon, i