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HomeMy WebLinkAboutL 7328 P 352 a Standard N.Y.B.T.U.Foam 8003 Baagairt and Sak Deed.with Covenant ajaimt Gtin[oi,Ac[a—Individual a Cmpon[ion(Single Sha[) ° CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. saw QS 5� 00 THIs INDENTURE,made the 19th 'day of January nineteen hundred and seventy-three BETWEEN CUSTOM COMMERCIAL CONSTRUCTION CORP. . a New York Corporation with offices at .1550 Deer ]Park Avenue, Deer Park, New York, as to an undivided 33 1/3% interest; and DOMINICK MAVELLIA, residing at 41_Caledonia Roads Dix Hills New York, as to an undivided 66r2/3'/n interest. party of the first part, and DOMINICK MAVELLIA, residing at 541 Caledonia Road, Dix Hills, Long Island, New York- party of the second part, $203000.00 WITNESSETH. that the party of the first part, in consideration of-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, lying and beinglttdw near Mattituck, in the Town of Southold, County of, Suffolk and: State of New-York, bounded and described--as--follows= BEGINNING at a point on the northerly line of Oregon Road (North Road); at the southeasterly corner , of the premises herein described and at the southnsterl corner of land formerly of Zuhoski, later of Graphic Arts Management Corp. ; running thence South 520- 021 0011 West along the northerly line of Oregon Road 396.72 fest to land now or formerly of Vacent Zimnoski Estate; thence North 38 49' 45" C West along said last mentioned land 4264. 72 feet. to the ordinary high water mark of Long Island Sound; thence easterly along said Sound to land formerly of _Zuhoski, later of Graphic Arts Management Corp. , the tie line of said course being North 470 `,19' 30" East 358.97 Y feet; . and thence South 390 20' 30" East along said last mentioned land 4295 feet to the point or place of BEGINNING'. . Containing within said bounds 37.09' acres. Being the same premises conveyed toithe seller herein by deed from' MARTIN FILLA, dated the lst day'.of May, 1970 and recorded ,May 4, T t`� 1970 indeed liber 6737 cp. 488. 66 Subject to a first mortgage held by Martin Filla, the unpaid principal balance off which is $100,000.00 (Interest paid to 5/1/72) . Subject to" a second mortgage held by Laro Holding`Corp. , the \, unpaid principal balance of which is $15,500..00 (Interest paid to 6/1/72) . This conveyance is made by the party of the first part in the regular course of its business with the unanimous consent in writing of its stockholders. This conveyance does not constitute all or, substantially all ofthe assets of the corporation. - !C TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and lcD 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; Td HAVE AND TO t� HOLD the premises herein granted unto the party of the second part, the heirs or successors and assigns of t�I the party of the second part forever. `AND the party of`thefirst 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 e any other purpose. - The.word "party" shall be construed as if it read "Part IN the sense of this indenture so requires. � IN WITNESS.WHEREOF, the party of the first part has duly executed t 'a deed the day and year first above - s written. - CUSTOM/COMMIE AL CONF—CT ORP IN PRESENCE OF: rn by:V7, RIFUB V PH A, STABILE, ESQ. -DOMINICK M=LLIA t - F r $ � M t