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HomeMy WebLinkAboutL 9139 P 260 standard N.Y.B.I U.Corm 8002*12-79-70M—Bargain and Sale Deed. ,i,h Covenant agamu Grantor's Act individual or Cagxn it ion.(angle sheet) CONSULT YOUR LAWYER BEFORE SIGNING THIS INS.RUMENT—THIS INSTRUMENT SHOULD BE USED BY LAWYERS ONty. NO CONSIDERED- TION' L13 �9 .39�s� � NO TRANSFER THIS ENDEN3111 ,made the 22nd day of January , nineteen hundred and eighty-two TAX STAMPS BETWEEN REQUIRED RICHARD McBRIDE residing at 1130 Pequash. Avenue, Cutchogue , New York party of the first part, and RICHARD McBRIDE and DIANE MOBRIDE, his wife, residing at 1130 Pequash Avenue, Cutchogue, New York DISTRICT SECTION BLOCK LOT $ IZ i7 21 party of the second part, 2S 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, ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected, situate, lying'and beingtxtim-at Fleets- Neck, -near-Cutchogue, Southold Town, ' Suffolk County, New York, bounded and described as follows : 'BEGINNING at a monument on the southwesterly line of Fleets Neck Road, 1099. 75 feet southeasterly along said line from the Main Road, being the easterly corner of land conveyed to Wllet Titus; :and running 'thence along said southwesterly line of Fleets Neck .Road, South 450 29 ' East, 150 feet; thence along land now or. forme;rly of Fleet Estate 2` courses. as follows: (1) Atright.-angles :_tc�- said southwesterly line South 441 31' West 150 feet; (2):-Thence parallel with said southwesterly line North 451 29 ' West, 150 feetto. a. monument and said land of Titus; thence along said l.and.`of Titus North 446 31' East, 150 feet to the point 0-r place of BEOII- ING. BEING AND- INTENDED TO BE the same premises as' conveyeid-to the party of the first part by deed dated` ApriL_15, 1980 anel recorded in the Suffolk County Clerk' s Office on April -16 ," 1480 in Liber. 8807 Page 187. This conveyance is subject to a mortgage", held by The 'Federal IR,a Land Bank of Springfield dated April 15 , 1980 "and recorded in the Suffolk County Clerk' s Office on April 16, 1980 in Liber 8725 Page 13 in the amount of $47,600. 00 and on which mortgage there is now due and owing the principal sum of $46,029..20 and interest," and:which mortgage theparty of the second . part .agrees:-to assume and covenant . to pay with interest as part of the consideration.-fair this conveyance. TAX MAP DESIGNATION - nsf. 1000 TOGETHER with all right, title and interest, if any, of the party of the first part in and to any. streets and toads abutting the above described premises to the center lines thereof; TOGETHER with the appurtenances ce . 103.00 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 herein granted unto the party of the second part,the heirs or successors and assigns of Alk. 11.00 the .party of the second .part forever. touB: 009.:00 AND the party of the first part covenants that the party of the first part:has not done or suffered anything whereby"the acid premises have been "encumbered 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 he 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 WfTNES3 WHERE©F,the party of the first part has dul ecuted'this deed the day.and year first"abgve written. rr�pp IN PRESENCE OF: - RE _ 1VED <� $_R�E- C ` REAL ESTATE Richard t4cBrde FEB 5 "1982 ) n FTRN-IsFER 1 rt c SUFFUyK Diane McBri e COUNTYrr . -t �. fl^rk M viillolk Cm nt"