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HomeMy WebLinkAboutL 8064 P 58 r r U C {,1r1 U3'.R:Ji�fl4 �i : ,��8 L "; ICT ctrTiCN SLL?^K k_OT ClL7 L !z THIS INDtNTURE, Ade the 21st 'Ly of June, nineteen hundred and seventy-six BETWEEN REBA SECURITIES, INC . , a `1 Virginia corporation ("Reba" ) and BAYVIEW RESORT INC ., a New York corporation ("Bayview") WITNESSETH, that Reba, in consideration of One Hundred Ninety-one Thousand Three Hundred Twenty-two and 69/100 ($191 ,322 , 69) dollars, paid by Bayview, does hereby grant and release unto Bayview, its successors and assigns , k•c , ` u^ .,f orever ALL that certain plot, piece or parcel of land, s with the buildings and improvements thereon erected, situate`, lying and being in Bayview, new Southold, in the Town of Southold, County of Suffolk, and State of New York, bounded' ` and described as set forth on Schedule A attached hereto. TOGETHER with all right, title and interest, if any, of Reba in and to 'any , streets and roads abutting the above described premises to the center lines 'thereof. TOGETHER with the appurtenances and all the t estate and rights of Reba in and to said premises, TO HAVE AND TO HOLD the premises herein granted unto Bayview, its successors and assigns, forever. ALE$TATA � STATE OF` �r �a �Rr,lSSF RTA u NEW YORK # 4., (a ;k fic'::. •yu.aa".... ... ,.<a'4 �•„w ,Ww b a sy..,.,....., .,.:,».,l.a as._..:r xYvwA ^,ss m v RECORM T4s 80`6 4 SCHEDULE A ALL that .certain plot , piece or parcel of land, with the buildings thereon erected, situate , 'lying and being; in the Bayview, new Southold , in the Town of Southold , County of Suffolk and State of New York, bounded and described as follows : BEGINNING in the northwesterly corner thereof at a point in the southerly side of Main Bayview Road, sometimes called North Bayview Road, distant south 64 degrees 07 minutes east as measured along the southerly side: of said Road 1.2 feet from - a monument set -in the northeasterly corner of land of Sophie Anderson; Running thence south 64 degrees 07 minutes east along the southerly side of said Road 230 feet to the westerly line of other land of William Victoria and Regina G. Victoria; Running thence the three -following courses and distances along last mentioned land, to wit : (1) south 25 degrees 53 minutes west 250 feet to a corner; ((2)) south 64 degrees 07 minutes east 110 feet to the center line of_a-channel or boat basin leading southerly into Corey Creek; (3) south I degrees 00 minutes west along the center line of said channel or boat basin 397,48 feet to the high water mark of Corey 'Creek; Running thence the six following courses and distances along said high water mark of Corey Creek to wit : 1 south 82, degrees 06 minutes 40 seconds west 122:52 feet; 2 south 62 degrees 36 minutes 10 seconds west 117,72 .feet ; 3 south 36 degrees 30 minutes 140 seconds< west` 58.30 feet; 4 south 20 degrees 36 minutes 50 seconds west 68.79 feet ; 5 south 50 degrees 25 minutes 40 'seconds west 200.07 feet and 6 north 72 degrees 54 minutes 20 seconds west , 292. 77 feet to the easterly line ofland now or formerly belonging to the Koke Estates ; ; Running thence north 25 degrees 53 minutes east along the easterly line of land last mentioned ; being along the easterly line of ri.tvht of wny , 12 feet wide br the extension in the straight: line of said easterly line of said right of way as it separates premises herein described from the premises of Sophie /Anderson, the distance of 1069.48 feet to the point or place of beginning. Yage her uah ell rn;Abr, sale and haoc f ol, in and an any meat and ro,adr ibrranng sbe al..t e defuibed. pnmams. Y 'K p qN n �r VFY. µ ti 1 n 'o, <iar'.`ws+?�'w� w....u.�.vi.,..sw�;....-.a�e.w,.e.•s..,a dti� ydja� 9delu-741x a U�CK ``�Yi�y 2 fUZ ini (}(� SUBJECT TO (i) An existing consolidated first mortgage held by Suffolk County_National Bank,: as recorded in the office of the Clerk of Suffolk County at` liber 3951 MP 480, liber 4039 MP 71 , liber 4103 MP 483 , liber 5112 MP 339 and liber 6073 MP 01, in the current unpaid principal amount of $15 ,998 .28; and (ii) An existing second mortgage held by William and Regina Victoria recorded in the office of the Clerk of Suffolk County at liber 6073 MP 11 , in the current unpaid principal amount of $112 ,334 ,11 . AND Reba covenants that it has not done or suffered anything whereby the said premises have been incumbered in any way whatsoever except for the taking of a $60,000 purchase money third mortgage to Reba, intended to be recorded immediately after the recordation of this instrument . AND Reba, in compliance with Section 13 of the Lien Law, covenants it will receive the consideration for this conveyance and will hold the right to receive such ' consideration as a trust fund to be applied first 'for' the purpose of paying the cost of. the improvement and will apply z the. same first to the payment of the cost of the improvement i; . before using any part of the total of the ,same for any other purpose . a:So v ;�* ,:rrtl' r:. a,roar.:,. ...gum•+:.kw.a.....au.:..aw.y,...u:,uw•ia v..aa wFn .d�L:'SiWP4I p, �. RECORDED . C . ; r