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HomeMy WebLinkAboutL 7589 P 326 d\.) 11 1 l l IS,n,•.Sw�!' ..I��' - d$ale Decd.wi�hous Covenanv again ss Gunror's Aces- n 3arga,r.an I drvidual oa Cosponsion(single sheer) I' CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMEIa -- • -...verse TH made the 2_') day off , nineteen hundred and seventy-three BETWEEN FLORA S. LUCE, resiling at (no number) Bay Avenue, Cutchogue, New York and GEORGE L. PENNY, III, residing at (no number) New Suffolk Avenue, v: C` idattituck, New York, party of the first part, and i� ALLEN T. SCHWAB and ANTOINETTE P. SCHWAB, his wife, residing x, l� at (no number) Pine Tree Road, Cutchogue, New York re 1 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 thereon erected situat lying andbeingXK_1h'X at Cutchogue, 'Town of Southold, County of Suffolk and S?ate o� New York, bounded and described as follows: BEGINNING at the intersection of the northerly line of Pine Tree Road with the easterly line of said Pine Tree Road, said point of beginning being 724. 01 feet easterly along said northerly line from Billard Road; from said point of beginning running along the easterly line of a 50 foot private road to be known as "Pine Tree Court", N. 11041150" W. - 208. 63 feet; thence along land conveyed or about to be conveyed by the party of the first part to Tornlund, S. 88039'20" E. - 140. 31 feet to the northwesterly corner of land of the party of the second part; thence along said land, three courses: (1) S. 8058120" E. - 143. 75 feet; thence (2) S. 63026130" W. - 1. 74 feet; thence (3) S. 63054100" W. - 132. 35 feet to the point of BEGINNING• Together with a right of way over said 50 foot private road known as "Pine Tree Court", Subject to a 12 foot right of way along the southerly and easterly boundaries of the premises. The grantors are the same persons as the grantees in deed Liber 4591 cp 446• TOGETHER with all right, title all(] interest, if any, of the party of the first part in and to any streets and TOR ds 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 part, in compliance with Section 13 of the Lien Law, covenants that the party of the first part will receive the coi sideration 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 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: s IKiaiv�i-ct( Ir A(, .¢: " Ni= ii s_ r- LP r. a t t Clb v Cc Su;;O;K I,JJUn?y