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CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT — THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY
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THIS INDENTURE, made the 23rd day of October nineteen hundred and seventy
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BETWEEN
SOUTHOLD SAVINGS BANK, a corporation organized under and existing
by virtue of the banking law of the State of New York, having its
principal office at 54375 Main Road, Southold, New York, 11971,
party of the first.part,and -
JOSEPH SALAND and SHIRLEY SALAND, his wife, residing at
jMain Road (no number) , Jamesport, New York, 11947,
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Eparty 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 26th day of April 19 68 ,made by Joseph Saland
4 and Shirley Saland, his wife,
ito Southold Savings Bank
in the principal sum of$ 18,000.00 and recorded in liber 5367 3#�€IElGB#
of mortgages, page 490 in the office of the Clerk of the County of
Suffolk on April 29, 1968
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covering certain lands and tenements, ofwhichthe lands hereinafter described are part, and
+ WHEREAS,the party of the first part,at the request of the party of the second part,has agreed to give up
and surrender the lands hereinafter described unto the party of the second pan, and to hold and retain
jthe residue of the mortgaged lands as security for the money remaining due on said
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mortgage
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NOW THIS INDENTURE WITNESSETH, that the party of the first part,in pursuance of said agreement
I and in consideration of
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Four Thousand ($4,000.00)------------------------------------Dollars,
lawful money of the United.States,
paidby the party of the second part,does grant, release and quitclaim unto the party of the sgcond part,
ilililil all that part of said mortgaged lands described as follows:ALL that certain plot, piece or
{ parcel of land situate, lying and being in the Hamlet of Mattituck,
1 Town of Southold, County of Suffolk and State of New York, bounded
and described as follows:
{� BEGINNING at a point on the southerly side of Main Road where
�) the westerly line of land of the F. Hillard Estate intersects said
�� southerly side of Main Road and from said point of beginning,
: O99 FAGS 68
running thence along said land of F. Billard Estate the
following two courses and distances:
(1) South 40 52' 40" West 187.76 feet;
(2) South 840 53' 20" East 94.64 feet to land of Sidor;
thence along land of Sidor the following two courses and dis-
tances:
(1) South 50 06' 40" West 628.13 feet;
(2) North 89°' 28' 40" West 191.42 feet to Mattituck Estates,
Inc. , (Suffolk County File #4453) ; thence along the northerly line
of Mattituck Estates, Inc. (Suffolk County File #4453) North
870 26' 30" West 288.74 feet to land of Filla; thence along land of
Filla the following three courses and distances:
(1) North 20 50' 00" East 565.37 feet;
(2j North 860 18' 10" West 71.33 feet;
(3) North 30 26' 10" East 57.54 feet to other land of the
mortgagors herein;
running thence along other land of the mortgagors herein
the following two courses and distances:
(1) South 87° 39' 20" East 233.73 feet;
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(2) -
North 20 ZD' 40" East 200.00 feet to the said southerly
line of Main Road;
running thence along the said southerly line of Main Road
South 870 39' 20" East 255.82 feet to the point or place of
BEGINNING.