HomeMy WebLinkAboutL 4958 P 308 y,
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�. a 958 PArF 308 t
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THIS INDENTURE,made de, 8th dap of Marc nnictoni Lni,dred and d sixty-one
l BETWEEN DUCK POINT MOTEL INCORPORATED,
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having its principal place of business at Gutchogue, Suffolk County, New York, >
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party of the first part,and COMMUNITY MEDICAL BUILDING, INC., a domestic
corporation, having its principal place of business at No..45 North Station
Plaza, Great Neck, New York, -
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party of the second part, -
WITNESSETH,that the party of the first part in consideration of
.ONE AND NO/100 ($1.00) - _ _ _ _ _ _ - - .- ._- _ - .- doll,,,.
layLl",,coney of the United 56tes..'and other good and valuable considerations,
s;
by the part of the second part does lenity gnoit and reles:e unto the pa t_ . h,second p2,1.thc hcltz or k
successors and a of the peaty of the se<ogd part .,....T.
ALL that cercain plot,piece or parcel of laud with d e P „ and jjnce,.t,.Here c�.n. _i.-ate,
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- lying and being in the Town of Southold, County of Suffolk and State of New York,
bonnded and descirbed ae follows: - F'
BEGINNING at the'Ohai in the easterly id,*of Duck Pond Road, distant 178,70 - "f
feet.nertherly from monument set at an angle on the easterly side of Duck
Pond Road where the same turns from a northerly and southerly direction to a t-
northeasterly and southwesterly direction, which monument is about 3400 feet e
easterly from the Oregon Road; thence North 20 degrees 54 minutes 10 seconds
West 280 feet to the highwater mark of Long Island Sound; thence along the high- f
water mark of Long Island Sound 300 feet on a tie line with a bearing of North '
. . 56 degrees 15 minutes.50,seconds Ey sty to the point where the highwater mark of
- Long Island Sound is intersected,by the'westerly.side:of land now or formerly of -
,.. McBride; thencealong said mernioned land'South 33 degrees'44 minutes 10- e
' seconds East 273.Ol feet; thence along land now or formerly of McBride, South
56 degrees 15 minutes'"50-seconds West 362. 19 feet,to the easterly side of Duck
Pond Road at the point or place of beginning.
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- SUBJECT to a mortgage made to Northport Federal Savings and Loan Association
originallyin the sum Of$35,DAO.00. -
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- �SUBJECT to a mortgage made to Frank"H. McBride and Anna McBride vrigihaliq
. in the sum of$11,500.OQ
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SUBJECT to a mortgagemadeto Mid-Island Lumber and Supply Co., Inc. original- f
= ly in the sum of$14,500.00.
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-.I AND, FURTHER: _ r.
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LIBER4958 PAGE309
SUBJECT to a mortgage made to Investors Collateral Corp. originally in the
sum of$9;500.'00, now assigned to Community Medical Building, Inc.
SUBJECT to a mortgage madetoInvestors .Collateral Corp, originally in the
sum_,of$25,000,00, now assigned to Community Medical Building, Inc.
SUBJECTto a mortgage made to The First.National
Bank of Greenport, now Valley National Bank of Long Island, originally in the
sum of$7,600.00, now assigned to Community Medical Building, Inc.
ITIS THE INTENTION OF THE PARTIES HERETO THAT THE LAST THREE
RECITED MORTGAGES SH, LL NOT MERGE IN THE FEE. -
SUBJECT to a mortgage made to Titus, Bowne & Downing, Inc. originally in the
sum.of$13,500.00, to be assigned to Community Medical Building, Inc.,
WHICH THE PARTIES INTENUSHALL NOT MERGE IN THE FEE,
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SUBJECT to any and all other encumbrances of record.
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