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Snddard N.Y.B.T.U.Form 8003.9-73-70M—Bugain and Sale Deed,with Covenan['gains[Grantor's Acts—Indindual ar Corporation(Sing) sheet)
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD RE USED BY LAWYERS vna1.
LIBER 7611 PACE 502
THIS INDEN7111M made the t ~day of March nineteen hundred and seventy four
BETWEEN FAIRWAY FARMS INC. , having its main place of business at
(no number) Case 's Lane, Cutchogue, Town of Southold, County of
Suffolk and State of New York,
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Q party of the first part, and DEREMER AGENCY, INC. PENSION TRUST, a corporation
\9 duly organized and existing under the laws of the State of New York,
having its principal place of business at No. 54 New Hyde Park Road,
1 ' I Garden City, County of Nassau, State of New York,
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t party of the second part,
WITNESSETH,that the party of the first part,in consideration of Ten Dollars and other valuable consideration
p1 V 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, County of Suffolk and State of
New York, known and designated as Lot Number 17 on a certain map
entitled, "Map of Fairway Farms", and filed in the Office of the
Clerk of the County of Suffolk on February 15, 1974 as Map Number 6066.
`BEING AND .INTENDED TO BE a portion of the same premises conveyed to
the party of the first part herein by deed dated August 28, 1973 and
recorded .in the Office of the Suffolk County Clerk on November 9, 1973 .
in Liber 7526 at page 597.
-SUBJECT TO the Covenants and Restrictions recorded in the Office of the
Suffolk County Clerk on February 22, 1974 in Liber 7593 at page 34.
THIS CONVEYANCE is made in the usual or regular course of business
actually conducted by the party of the first part and does not
constitute a conveyance of all or substantially all of its assets.
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REAL ESTATE
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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 io 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 se6ond 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 ppltrpf the Arst part has duly executed this deed the day and year first above
written. C� / d, ,,, i6•:,� .L;._, _.._J. :.</-
Ix Fltsssxclt ot*: FAIRWAY FARMS INC.
��y 1roRp�?Cjll BYZZY� 4tBr 1012re -
4t._.
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President
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e RECORDED LESTER M. ALBERT50t'
'/.8 1.714 �.� Cfatic_ of Suffolk Co��,,,lunty ,s,-