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HomeMy WebLinkAboutL 8202 P 510 �-� Snnd.,d NA-B.T.U.F.,m$002 _ B.,g.in end Silk Dkkd,wish Covenant againsv Gsamoi s Am—Indmdml or-Corporacion(Single Sheet}. CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.. {{{ BER 8202 11410 ?/ THIS INDENTURE, made the 31st da ` July'y Of y , nineteen hundred and seventy-Six BETWEEN. JAMES L, DESMOND, residin gat (no #) North Country Ro aa t 111 er P 1,1 tae w Yore LOT M a i21T �� 26 party of the first part, and HIGHLAND DOWNS CORP . , a domestic corporation with offices at 648 Route 25A, Rocky Point, New York 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 IG��JG� or successors and assigns of the party of the second part forever, L ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being imAlm at Nassau Point, Southold Town, Suffolk County, New York, known and designated as Lot Number 397 on Map entitled, "Map of Section D, Nassau Point Club Properties, Inc. , situated on Nassau IlY l Point, Suffolk County, New York, surveyed March 24 , 1926, by Otto W. Van Tuyl, C.E. , and Surveyor, Greenport, New York" and filed in the Office of the Clerk of Suffolk County, N.Y. , File No. 806, on May 7, 1926. BEING AND INTENDED TO BE the same premises conveyed to the party of the first part by deed dated March 20-, 1972 , and recorded on May 4, 1972 , in Liber 7153, cp 160 . O C 25465 co M z iP�-_TRRZLE iC. i - s TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streetsand 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. AND the party of the first pant 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 thatthe partyof 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 tivord "party" shall be construed as if it read "parties" whenever the sense of this indenture so requires. IN WITNESS WHEREOF, the party of the first part has duly executed this deed the day and year first above written, IN PRESENCE OF' JAMES L. DESMOND RECORDED MAR 101977 LESTER M. ALBERTSON KA. Clerk of Suffolk County