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HomeMy WebLinkAboutL 6592 P 471 __ 99i�¢ER65 � . z PF29(9-64)Standard N.Y.B.T.U.Porma002 Bargain end Sale Deed, with covenant against Grantor's Aeb—individual or orporation n,gl P�ut)471 CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT-THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY 'V THIS INDENTURE, made the 16th day of July , nineteen hundred and sixtyrnine BETWEEN IRA P. SCHNEIDERMAN and MDNA SCHNEIDERMAN, his wife.' both 1 residing at 46 Smallwood Lane, Englishtown, New Jersey. Lr party of the first part, and AURELIE T. DWYER, residing at 205 Lakeview Avenue, Rockville Centre, New York. party of the second part, _vWIT FS ETH, that the party of the first part, in Eoashderation of Ten Dollars and other valuable con- sideration 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 a*gns of the party of the second part forever, that certainpplot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and beingAmfhecxat Mattituck, Town of Southold, County .of Suffolk, v and State of New York, described as follows BEGINNING at a monument set at the intersection of the n westerly side of Grand Avenue and the Southerly side of Knollwood. ._... ' Lane; thence along the West side of Grand Avenue, South 100 561 4011 East. 250.66 feet; thence S. 110 41 East 41 .59 feet ; thence South 710 08' 4011 West 113.09 feet ; thence North 180 131 OOtt West 291.18 feet to the southerly side of Knollwood Lane; ' thence along the Southerly side of Knollwood Lane North iw 710 471 001' East 150 feet to the corner aforesaid at the point or place of beginning. SUBJECT AND TOGETHER WITH all covenantsy ,restrictions and easements, if any, now of record, provided same do not prohibit the maintenance or continued use of existing structure. ` SUBJECT to a first mortgage held by the Southold Savings Bank, now reduced to the sum of $11 ,092.31 . The party of .the second part hereby by these presents does assume the payment of the monthly payments to the Southold Savings Bank and the payment of the balance due on the aforesaid mortgage. SUBJECT to a purchase money second mortgage held by the party of the first part , 'in the sum of $4,000.00, which said mortgage is intended to be recorded simultaneously herewith. BEING AND INTENDED TO BE the same premises conveyed by Katherine Wyckoff to Ira P. Schneiderman by deed dated December 16th, 1961. . and recorded December 21 , 1961, in Liber 5100 Cp. 197. 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 h_etei4-mated 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 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 game first to the payment of the cost of the improvement before using any part of the total apply same for any other purpose. The word "party" shall be construed as if it read "parties" whenever the sense of this Indentiure 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: IRA Pe SC NEIDERMAN ,,, l AUREI,I `T. DWYEit. MONA SCHNEIDERMAN u —