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HomeMy WebLinkAboutL 11620 P 168 1162OP6168 X6'6 2164' Standard N.Y.B.TU.Form 8002' -Bargain and Sale Deed,with Covenant against Grantor's Acts—Individual or Corporation(Single Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. THIS INDENTURE, made'the 17TH dayof FEBRUARY 19 93 BETWEEN GEORGE KOKKINOS 435 PECONIL LANE PECONIC , NEW YORK 11958 ~164'7 Lf9T T - D IJiD!t�l I _ �l �_� r. 541 L._ ! ��� RECE REAL ESTATE :'�{ party of the first part, and MARINA KOKKINOS - ' 3 435 PECONIC LANE MAR PECONIC , NEW YORK 11958 TRANSFER TAX SUFFOLK a;' ' COUNTY party of the second part, WITNESSETH, that the party of the first part, in consideration of t e n d o 11 a r s and other good and valuable consideration A&YAs 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 at Peconic , in the Town of Southold , County of Suffolk , State of New York , bounded and described as follows : BEGINNING at a point where the southerly line of the right of way of Long Island Railroad Company intersects the westerly line of Peconic Lane RUNNING THENCE alongs said westerly line of Peconic Lane South 34 degrees 33 minutes 20 seconds East a distance of 156 . 44 feet ; THENCE South 55 degrees 26 minutes 40 seconds West , a distance of 130 . 42 feet ; THENCE NORTH 34 degrees 14 minutes TQ seconds West a 85statice of 25 . 32 �fjDD feet ; THENCE NORTH 34 degrees 55 minutes West a distance of 114 . 80 feet to land of Long Island Railroad Company ; THENCE along said land of the Long Island Railroad Company the following ' dS0 D courses : North 55 degrees 05 minutes East a distance of 55 . 0 feet to a railroad rail monument ; '007,cb.2 THENCE North 34 degrees 55 minutes West a distance of 15 . 50 feet to a railroad rail monument ; THENCE North 55 degrees 05 minutes East a distance of 76 . 10 feet to said point or place of BEGINNING . f C� r BEING AND INTENDED TO BE the same premises conveyed to the grantor K by Deed dated 6/18/87 and recorded in Suffolk County on 6/30/87 at Liber `+ 10354 pg . 266 and known 'as and by 2885 Peconic Lane , Peconic , N . Y . Subject to a first mortgage held by Home Federal Savings Bank in the �• reduced amount of $188 ,000 . 00 , which mortgage is hereby assumed by the grantee . I 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. ! l I AND the party of the first part covenants that the party of the first part has not done or suffered anything whereby I� 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 consideration 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 party of the first part has duly executed deed the day and year first above written. IN PR SEN ' EORGE ...K.Q.K-KINOS EDWARD P.ROMAINE— R E C 0 R D E D 1R- P- 1"3 am OF SUFFOLK Cour F MARINA KOKKINOS t— __ AS TO THE ASSUMPTION