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HomeMy WebLinkAboutL 6936 P 265 KU IT 29(10168)Standard N.Y.B.T.L'.Form 8002 Bargain and Sate Decd,with Covenant against Grantor',Acta—IndMdliM"*Am(IW.Q CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD EE USED BY LAWYERS ONLY. THIS INDENTURE, made the 27th day of April nineteen hundred andaeventy—One BETWEEN DAWN ESl'AT_,-;U, INC, a domestic corporation organized under the laws of the State of New York, with principal office at 14 Dawn Drive, Centereach, New York 11720, party of the first part, and STEVE TSUI TUS and residingg at 50 Swing Lane, Levittown, New York, and EMiMANUEL TSONTOS, residing at I.U. Willets Road, Manhasset, New York, as tenants in common. party of the second part, WITNESSETH, that the party of the first-part; in consideration of Ten Dollars and other valuable con- sideration paid by the party of the second part, doeshereby 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 inTtbe Mattituek, Town of Southold, County of Suffolk r� and State of New York, known and described as lots 7#119, 120 and 122 on "Map of Captain Kidd Estates", filed in the Office of the ?�I Clerk of the County of Suffolk on January 19, 1949 as Map #1672. \ Subject to no building being erected unless plans and spec- ifications have first been approved, in writing, by the Grantor. v Subject to covenants, easements and restrictions of record, if any. This conveyance has been made with the unanimous consent, Ia in writing, of all the stockholders of the party of the first Y part. Subject to a Purchase Money First Mortgage in the amount of ($13,500.00) Thirteen-Thousand-Five-Hundred-Dollars, bearing interest at the rate of '7}r per centum per annum and said mortgage being intended to be simultaneously recorded herewith. m j,.W E57ATE ori A STATE OF - .* TRANSFER TAXY ,e"NEW YORK o�Gl of 17 a 5 a N j.Xtgy;, MAY26'TI . 8 fmOnr?, va.leaps -ir' 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. AND the party of the first part covenants that the party of the first part has not done or suffered any- thing whereby the said premises have been encumbered in any way whatever, except as aforesaid. AND the parry 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 this deed the day apQlyear' first above written. v y . IN PRESENCE OF: DAWN ESTATE; INCS. a i� 1A 4