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HomeMy WebLinkAboutL 7403 P 425 Standard N.Y.B.T.U.Form 8002•7-72.70M—Bargain and Sale Deed.with Covenant ytiaat Grantors Acta—Indav►doal or corporation trMille sheet) CONSULT YOUR LAWYER 0000 SIGNING THISMSTRYMEM THIS INSTRUMENT S"OYLp R6 USM$Y,&AWYERS ONLY. MA 7403 to 425 THIS INDENTURE,made the22nd day of May , nineteen hundred and seventy-three N.Y.S.T.T. BETWEEN LLOYD W. LINDSAY and AGNES LINDSAY, his wife, residing at $11.00 1155 Bungalow Lane, Mattituck, New York 11952, party of the first part, and WILLIAM LINDSAY and NORA REGINA LINDSAY, his wife, residing at (no number) New Suffolk Avenue, Mattituck, New York 11952, party of the second part, WITNESSETH,that the party of the first part,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 Vnemon arected, sit•: e, lying and being itt&k at Mattituck, in the Town of Southold, Suffolk County, f^ New York, bounded and described as follows: j BEGINNING at an iron pipe on the northerly line of New Suffolk Avenue, distant 190 .0 feet easterly from the coiner formed by the K ! intersection of the northerly side of New Suffolk Avenue with the east erly side of Maratooka Lane, said point of beginning being the south- -It easterly corner of land now or formerly of Kathryn Adams; from said �I s point of beginning running along said last mentioned land and along lai now or formerly of Charles Miska, North 4° 20 ' 30" East, 200 .0 feet to ? " an iron pipe; thence along said last mentioned land two (2) courses as follows : (1) North 880 17 ' 20" East, 100 .0 feet to an iron pipe; thenc` yq (2) South 40 20 ' 30" West, 200 .0 feet to an iron pipe on said northerly line of New Suffolk Avenue; thence along said northerly line of New Suffolk Avenue, South 880 17 ' 20" West, 100 .0 feet to the point of be- ginning. BEING AND INTENDED TO BE the same premises conveyed to the granto herein by deed dated January 13, 1972 and recorded January 17 , 1972 in the Suffolk County Clerk ' seOffice in Liber 7088- of deeds at page 265 . SUBJECT to a mortgage held by Southold Savings Bank dated January 13, 1972 in the amount of $23 , 250 .00 and recorded in the Suffolk Count Clerk' s Office in Liber 6258 of mortgages at page 83, and on which sai mortgage there is now due and owing the principal sum of $22 ,960 . 56 an interest, and which said mortgage the party of the second part agrees assume and pay. 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. 'a 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. t 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. s, The Nvord "party' shall be construed as if it read "parties" whenever the sense of this indenture so requires. ly IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: illiam Lindsay U kol7 W. Lin say ora Reg a Linds y Ag s LYn ay / LESTER M. ALBERTS;,_ R E C O R D E D1973 Clark of Suffolk county 23 ,_.mr