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HomeMy WebLinkAboutL 7257 P 561 Stendud N.Y.B.T.U.Form 8034—IOM Retetue of Pert of Mortgaged Premiw _L*R PAS twj_j CONSULT YOUR LAWYER BEFORE SIGNING THIS INS TRUMINT — THIS INSTRUMENT SIMULD N USERS BY LANYM ONLY THIS INDENTURE, made the 2nd day of October, nineteen hundred And seventy-two BETWEEN MATTITUCK ESTATES, INC . , a New York corporation with principal place of business at Main Road (no number) , Mattituck, New York, party of the first part, and THE NORTH FORK BANK AND TRUST COMPANY, a corporation organized under and existing by virtue of the Banking Law of the State of New York, having its principal place of business at 245 Love Lane, Mattituck, Town of Southold, Suffolk County, New York, party of the second part, WHEREAS, the party of the first part is the holder of the following mortgage and of the bond or note secured thereby: Mortgage dated the 21st day of November 1968 ,made by William Grefe ,lr. to Mattituck Estates , Inc . in the principal sum of$ 11 ,000 .00 and recorded in liber 5514CD xdtrdfdan of mortgages, page 95 in the office of the Clerk of theCounty of Suffolk, which mortgage was f- er extended and modified by extension agree- ment dated the 25th day of November, 1970, between said Mattituck Estates , Inc . and William Grefe, Jr . , and recorded in the Office of the Clerk of the County of Suffolk in Liber 6034, page 457, on May 13 , 1971, E 6 t= K L! ._A 0 ] Vi QQ O W X UJ V covering certain lands and tenements, of which the lands hereinafter described are part, and WHEREAS, the party of the first part, at the request 'of [he party of the second part, has agreed to give up and surrender the lands hereinafter described unto the party of the second part, and to hold and retain the residue of the mortgaged lands as security for the money remaining due on said mortgage NOW THIS INDENTURE WITNESSETH, that the party of the first part, in pursuance of said agreement w and in consideration of ONE THOUSAND FIVE HUNDRED and 00/100-------------- - --------------------------------------------($1,500 .00)-------Dollars, cm lawful money of the United States, Li1 paid by the party of the second part, does grant, release and quitclaim unto the party of the second part, C] all thatpart of said mortgaged lands described as follows: ALL that certain plot , piece or parcel of land situate, lying and being at Mattituck, Town of Southold, Q County of Suffolk and State of New York, known and designated as Lot C.'j No . 45 on a certain map entitled "Map of Subdivision for Mattituck Wj Estates , Inc . , Mattituck, Town of Southold, Suff. Co.,N.Y. " and filed tY in the Office of the Clerk of the County of Suffolk on September 8, 1965 as File No . 4453 .