HomeMy WebLinkAboutL 7997 P 524 x� 5nndud N.Y B T.0 Form 8007 roal
8-74-20M—Bargain and Sale Decd. wnh Cocenam agm.,t Granr',Aae—Ind,,,duor Corporriun.
CONSULT YOUR LAWYER BEFORE SIGNING THIS INSTRUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONLY.
iL IBE-1)07 i,v i 524
THIS INDENTURE, made the 7. .. day of March nineteen hundred and Seventy-six,
BETWEEN JOHN A. HOFFMANN and E. HARRIET HOFFMAN9 his wife, both
M-2939 residing at (no number) Oak Drive, Reydon Shores, Southold, New York
(T-3767) 11971,
DISTRICT SECTION BLOCK LOT
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party of the first part, and WILLIAM H. MILLS and ADELINE E. MILLS, his wife,
cC both residing at 39 Bucket Lane, Levittown, New York 11756 , � �
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party of the second part,
WITNESSETH, that the party of the first part, in consideration of - - - - - - - - - - - - - -
- - - - - - - - - - TEN ($10.00) - - - - - - - - - - - - - - dollars,
lawful money of the United States, and other good and 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,
k.,i>� lying and being in the Town of Southold, Suffolk County, New York and known and
designated as Plots No. Forty-five (45) and Forty-six (46) in Block
/} "C" as shown on a certain map made July 22, 1930, by Daniel R. Young,
P.E. and L.S. , entitled, "Map of Reydon Shores, Inc. , Bayview, Long
Island, New York" and filed in the Office of the Clerk of the County
of Suffolk, Riverhead, New York on July 1, 1931 as Map No. 631.,
BEING AND INTENDED TO BE the same premises conveyed to the sellers
by Robert E. Lotz and wife by deed dated March 17, 1962 and recorded
in Liber 5140 cp 488, together with all the rights and privileges
therein contained and subject to covenants and restrictions of record
provided the same does not prohibit the use of the present structures
for residential purposes.
F'i,AL ESTATE ar,', STATE OF
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TOGETHER with all right, title and interest, if any, of the party of the first part in and to any streets and
r toadz 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 HOU) the premises herein granted unto the party of the second part, the heirs or
successors and assigns of the party of the second part forever.
This conveyance is subject to a first mortgage (Liber 6335 mp 44)
held by Southold Savings Bank in the amount of $25,000.00, now reduced
to $23,507. 14 plus interest at 7 1/4% per cent per annum from February
13, 1976, and the parties of the second part hereby assume and agree
to pay the unpaid balance of the principal on said mortgage and do
severally indemnify the party of the first part from any claim for
same. The parties of the second part have executed and acknowledged
this instrument for the sole purpose of evidencing their assumption
of and agreement to pay the unpaid balance of principal and interest
on such mortgage and to indemnify the party of the first part from
any claim for same.
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 incumbered 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 consid-
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
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 year first above
written.IN PRESENCE OF: 6!,2zn ""`� p �'1
. (L.S.)
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