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HomeMy WebLinkAboutL 7521 P 114 IV- Standard N.Y.B.T.U.Form 8002•7.72.70M—Bargain and Sale Deed,with Covenant against Grantor's Acts—Individual or Corporation (Single sheet) R {f CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. LIBER 7521 PACE114 THIS INDENTURE,made the 30th day of October nineteen hundred and seventy-three BETWEEN r M.S.T. CONSTRUCTION CORP. , a domestic corporation, having an office at 260 Jericho Turnpike, Mineola, New York party of the first part, and ANDREAS N. KARACOSTAS and SOTERIA A. KARACOSTAS, his wife, both re- siding at 37-28 Parsons Boulevard; Flushing, New York and XANTHOS CHRISTOFOROU and PINELOPI X. CHRISTOFOROU, his wife, both residing at 144-33 Barclay Avenue, Flushing, New York party of the second part, WITNESSETH,that the party of the firstpart,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, s j lying and being totktk Mattituck, Town of-Southold, County of Suffolk and State of New York, known and described as Lot 119, on "Map of Captain Kidd Estates" , filed in the Office of the Clerk of the t f} County of Suffolk on January 19, 1949 as Map Number .1672 . > p s This conveyance is made in the regular course of business;as such - business is actually conducted by the party of the first part. The grantees herein, Andreas N. Karacostas and Soteria A. Karacostas, r his wife, and Xanthos Christoforou and Pinelopi X. Christoforou, his a wife, hereinbelow affix their signatures to this instrument evidencing u. e : their agreement to assume and pay the existing mortgage on the - premises described herein which was made to the Southold Savings Bank by M.S.T. Construction Corp. , the grantor herein, dated June 20, 1973 and recorded June 26, 1973 in the Suffolk County Clerk' s Office in Liber 6765 at page 05, on which the present remaining principal balance is $21, 000. 00 with Cinterest paid to October 30, 1973 . ` REAL ESTATE `W STATE OF * oz TRANSFER TAON�'77�a NEW YORK k - ,.� BFinance pn.IC945 . . - 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 or the second part, the heirs or successors and assigns of - the party of the second part forever. t AND the party of the first part covenants that the party of the first part has not done or'si 44i)r tl 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 tW the party oP the first part will receive the consideration for this conveyance and will hold the right to r"'ve'such'tonsid eration as a trust fund to be applied first for the purpose of paying the cost of the improvement and will'drply the same first to the payment of the cost of the improvement before using any part-of the total of the'3atne for any other purpose. .The word "party" shall be construed as if it read "parties" whenever the sense of this ind6abr.e so re4uires.' -' IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and`year Ir&t:above written. IN PMENCB OF: el� CONS RU ,]PION ORP. , by L.S . f/fn � C C, Soteria A. Karacostas anuel Tsonto President o-� L.S. i�NA a�aLM' ` (,S L.S . n hos Christ forou Andreas N. Karacostas v Pinder p x !ESTER M. ALBE`"TSON OCT 31 1973 CC Clerk of Suffolk County (� , R C C l :'. IJ C •