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HomeMy WebLinkAboutL 7474 P 17 Sund.uJ \'.`..ft.t.l'.F.•rm Sp, 1--i-):Al- B.,glin and SA,Deed.with Covemnt against Gnntar',A¢,—Indwiduil oc Cotpotuion (Single,hml Z � 110i� � CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. Rih74 'i4 PAG[ THIS INDENTURE,made the 31st day of July nineteen hundred and seventy—three, %U1 BETWEEN RUTH L. COWAN, residing at 40 Andrea Lane, Scarsdale, New York, as Trustee for SUSAN ARNETTE COWAN, under trust agreement dated (� June 1, 1964, recorded in Liber 5576 Page 237 in Suffolk County Clerk's Office, party of the first part, and UPHAM DOWNS CORP. , Route 25A, Box 508, Rocky Point, New York, party of the second part, Eight Thousand Five Hundred ($8,500. ) WITNESSETH,that the party of the first part, in consideration oVSA 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 being in the Town of Southold, County of Suffolk and State of New York, known and designated as Lot No. 290, on a certain map entitled "Nassau Pt, Club Prop, Inc, , Amended Map A" Map 156, filed ' in the Suffolk County Clerk' s Office, August 16, 1922. O O 00 �r I REAL ESTATE `ar> STATE Of T7ANSFIR TA;a'i." Jt NEUJ YOIiV Or n. i1 1.,, U d m LL a 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 IIAVE ANI) TO IIOI.D 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 part covenants that the party of the first part has not done or suffered anything wherebyuthe,said ''ppremises, have been encumbered in any way whatever, except as aforesaid. AND thelparty of the filst 0h,"'A"eAmpliance with Section 13 of the Lien Law, covenants that the party of dile first part w•ill'receivethe..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 Chet 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 party of the first part has duly executed this deed the day and year first above written. IN PRESENCE OF: Ruth L. Cowan, Trustee for Susan Arnette Cowan RECORD ECORD E D It:ITER M. ALPERTSCm , nuc 24 j+( '3 awic of Suffolk cowty