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HomeMy WebLinkAboutL 11100 P 547 J PF 29 (12/79) Standard N.Y.B.T.U.Form 8002 Bargain and Sale Deed.with Covenant against Grantor's Acts-Individual or Corporation(Sing Ia Sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY. ' �1t�flPCr. 4:`7 11`1�1� This Indenture, made the 6th day of July nineteen hundred and ninety �ILAto Between a, 54 JOHN E. WALTERS, residign at 385 Cottage Place, Southold, New York 11971 Eir;n r SECTION BLOCK LOT party of the first part, and Z L5 V _, BARBARA S. MASSAR, residing at (Nolle) Town Harbor Lane, P.O. Box 1852, Southold, New York 11971 party of the second part, Witnesseth,that the party of the first part,in consideration of Ten Dollars and other valuable consideration 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 assigns of the party of the second part forever, Y All thatcertain plot,piece or parcel of land,with the buildings and improvements thereon erected,situate,lying and being in the Town of Southold, County of Suffolk and State of New York, bounded iAVXf and described as follows: BEGINNING at a point on the easterly side of Cottage Place where the same is intersected by the northerly line of land now or formerly of John Carroll, said DIS point of beginning being also distant 78.0 feet northerly from the corner formed by 1000 the intersection of the easterly side of Cottage Place with the northerly side of SECT Korn Road; RUNNING THENCE along the easterly side of Cottage Place North 14 degrees 062.00 48 minutes West 72.30 feet to land now or formerly of I.R. Webb; BLOCK RUNNING THENCE along said land North 73 degrees 40 minutes East 165.78-feet 03.00 to lard now or formerly of Lucey; RUNNING THENCE along said land and along land now or formerly of Berry, LOT 018.00 South 17 degrees 10 minutes East 70.SU feet to land now or formerly of Johr �arreli; RUNNING THENCE along said land South 73 degrees 10 minutes West 168.7i feet to the easterly side of Cottage Place at the point or place of BEGINNIeiG. BEING AND INTENDED TO BE the same premises conveyed to the grantor herein by Deed dated 9/10/87 and recorded 9/23/87 in Liber 10427 page 553. The grantee herein, Barbara S. Massar, hereinbelow affix her signature to this instrument evidencing her agreement to assume and pay the existing Note and Mortgage on the premises described herein which was made to the Southold Savings Bank by John E. Walters and Jeanne C. Walters, dated 9/2/83 and recorded 9/15/33 in the Suffolk County Clerk's Office in Liber 9735 page 304, on which the present remaining principal balance is $36,698.87 with interest paid to July 1, 1990. �. � Together with all right,title and interest,if any,of the party of the first partin 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 untothe party of the second part,the heirs or successors and assigns of the party of the second partforever. And the party of the first part covenants that the party of the first part has not done or suffered anything whereby the said premises have been encumbered in any way whatever,except as aforesaid. I And the party of thefirst part,;n compliancewith Section 13 of the Lien Law,covenants that the party of thefirst part _ will receivethe consideration iorthis conveyance and will holdthe rightto receivesuch consideration as atrustfund ' IO to beapplied firstforthe purpose of paying thecost of the improvement and will apply the samefirst 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 and yearfirst above written. IN PRESENCE OF: RECEIVED J n E. Walters F. RB4 ESTATE JUL Xl 1990 Barrbbrarra S. Massar r Tnne,nr, MW P.ROMARE RECORDED int 111990 amaatmX 'r r ,