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HomeMy WebLinkAboutL 10652 P 108 • Yom 80014,11/65 M—Bargain and Sale Deed,without Covenant against Cr_toes Act&—rndiddual or Corporation(.i gle sheat) COMEOLT Y.aUR LAWYER BEFORE 51410010 THIS 01STCUMENT—THIS MTRYMENR SHOULD RE USED BY LAWYERS ONLY. 10652 TIM TT $312.00 THIS INDENTURE,made the 14-day of , nineteen hundred and eighty-eight BETWFEN 4lii37L;ti HERBERT R. MANDEL, residing at 443 Main Street, Greenport, New York 11944 party of the first part,and - - Mandel Family Corp. , a New York Corporation: having its principal place of business at 443 Main Street, Greenport, New York 11944 DISTRICT SECTION �rnI (B�LOr�C--K��) � �'/{LO�T�� party of the second �i'o ® F v.� ED L�IJ.t-t l�t.'1 WIT'NFSSE 14,, thaothe party of th"rst part, in considerilon of ten dollars Ud otber 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in theVillage and Town Southold, county of Suffolk and State of New York, bounded and described as follows: Northerly by land formerly of J. Edward Corey and now of Bertha C. Hallock, Easterly by land of late Oscar L. Wells; Southerly by the several lands of Louis Baumann, Joseph Doctor and Nellie Kenney; Westerly by Youngs Avenue formerly known as Railroad Avenue. Being the same premises conveyed to the party of the first part on June 17, 1987 and recorded in the:office of the County Clerk of Suffolk County on August 14, 1987 in Liber 10393, Page 62. Subject to a mortgage in the original principal amount of $100,000.00 dated August 6, 1987 between Herbert R. Mandel as mortgagor and North Folk Bank & Trust Co. as mortgagee. _ r�k 4fi�gS d ( ' w,FAi -STATE .aw JUL 25 1988 TRrrt;cirR T �X SUFfu�K TAX MAP DESIGNATION Dist. 10 0 O S. 060.00 TOGETHER with all right, title and interest, if any, of the party of the first prt ato and to any streets and roads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances Blk. 02. 00 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 hereingranted unto the party of the second part, the heirs or successors and assigns of the party of the second part forever. Let(,007.001 AND the party of the first part, in compliance with Section 13 of the Lien Law, covenants that the party of ^4, the first part will receive the consideration for this conveyance and will hold the right to receive such consid- j.y rlr eration 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 pf any other purpose. 3� The word "party" shall be construed as if it read "parties" whenever the sense of this ind tore so requires. ' IN VATRWSS WHEREOF, the party of the first part has duly executed tbl t ' deed the day year first above written. IN PRESENCE OF: , l - RECIMbED WL 25 1988 "ILIE,ij TE A. MINSELLA ._ r Clark 4bf Suffolk County