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HomeMy WebLinkAbout1559 - . . _ . . -----l.____ ~ - : ~ I . ~ i To pl.o~ ~nd oomMuawir k+~P a+ ~ buUdMa now a MrwAn ~ on Hid I~nd and on ~II .qu1p~ ~nd P~N oo~wnd b~ll ~M a~ wAh aM prsdws~ tMr~ pid In full, Nn MKw~na N ~M u~wl uandard polkll faiw N• a~ apprv~wd b~l Nn MORTCrAGEE~ and win~l~lor+~ Mw~na b tM uwd u~nd~ed Volicy faa4 W a ~wn +PP~~ ~l ~ MORTGA4fE, W wch co*P+~f? w comP~ M fM MORtW~GEE ~i dtnW and dl Nrs ~nd wM~dNOrn~ Ywi+nna Po~kM~ o~ Mf? o~ t~i~l b~iMtw~, MMI Mw~M1 1h~rNn or wrt tlwwf, in ~M p~?paN w~ ~faMaid a 1~ ~aN M~trof• ~11 oaMaM tlr u~wl H~ndard narqq» claw~ or wtA al~ dwN a 11w MaqpN awll nquir~, ~a1UQ t!N loa w~d~r wid Poli• dw ~ and w~1?. WY~bM q~aW MORTaAGEE a Na Inqn~t +r~y ~pp~ar. and ~ad~ and ~wry wd~ po~lcf? ~Mwll b~ promptly a~:pMd ~nd ddiwnd a N~rM~q u d MQRit3AGEGE i~t+~wil dwKwf,~top~thw wNh ~ ha~pl~for~ pnn?iwn a+cA r1in~w~b w+d ~Mn ~hall b~enokfih or wMdtta~~M+tuwna ~ plsad on a+qr of wid buildinp,, an~? Y~t~nq ~h~nin ~ pat tMrwt. unlNS M~ th~ fo~an and wUl? eM loa pay~bN ~s dorN+idr and b ~M ~wM any w~ ± W~y b~ownM Wrabb uedK wch pollc~l or policN~ f+W MORTGAGEE ~h+p Mw IM option ~o noeiw ~nd applr tln ~+rnt a+ aaowN of th~ M~d~b~~ ~ Ma acund hK~ a q p~mil said INORTWIGORS b nc~iw and ++M h or any pwt tl~wf 1or wha pwpaa, without tMr~b~ waivMy a imp~in • ~ MY ~M. IMn a ~qM uiwiM w by virh» d ~hTa monp~p~~ and in dr ~wm s~id MORiG~AGORS ~MII fa an~? nawn faN b k«p ~As aW pr«nl~ w i- t.p a d.ur« o~o~wM «~r of s+b Pou~.. ot r+.w.~+a a..b ~ic~c~~. a i.~i ao~+wN a t,+r w~b .M? a«~ ~n.~.fa a M.~+y i ~ ntpat taH b palora? dbtiwp~,. ~aecvq. .ff~d. oompMt~. ~omp1Y with and ~bid~ b~? Mk oown+M. a~nY M?~ ha~of. s~id MORYGAGEE o+a~ pl~a and p~ lot wd~ InMrrw?a ot Nh? pKt M~sof willaut waMny a ~ff~ctinp any aWion~ ti~, p~i~Y. a? ripht a~? a by vktw of thb Morqp~. and t!» ~ t full a~owN d Nch ~nd w~.y w~d~ pa~aw~ ~Fwl! b~ iara~di+hly dw and payabl~ and sMll bw W~rat hon~ tM dab d~~of un~H paW ~t tM aN ol ~ ; ~ pM anh~ pa aeMw~+ and t~opHMr wi~h wch MNwNt sh~ll b~ ~w~d bY tM (Nn of ~hk mappw 1 1, To p~m14 ao~~ll ot wffw no wasNr N~p+knNM a dNaior~tian of Wld pro~fp or parl IMrwf. I S To pw aq and ~L~pular th~ oost~. dw'pM ~nd ~xP~w~, kKludtrq • n~wMbN ~uaM~r'~ fM and co~ta oi ~bqratq of HtM, MKwnd a pdd M ~ i ap/ tin~ bfl s~id MORTGJ?GEE. b~uw~ a b th~ ~wnt of tM f~ih~n on tM pwt of tM uW M~ORTGAGOR b d~ly. panptN aed fulh Pwlor^~ untu~~. ~ffW. oon~Pbt~. oomplY with ~nd ~bitl~ by wch and w~y th~ ~tipulations. +pn~b. oonditiot~, ~nd oov~nw?a of s~id praNuoq? nw~ ~nd thN j } no~pp~ any a~itMr. and ~aid aoatt. tharpa ~w! ~xp«~, sach and w~ry. sMN b~ ~nw~al~lp dw and p~yaWp wMIMr or no1 tMn b~ notia d~ ' ~wmd. ~ a aoq~ct a wh pa~ and th. fu11 anwwW of .id? ~nd .wrr wch parn~nt sMU b... MuKat fram N~ d~M H~~ol w~N1 p~W •t ~ + ~aN d ~4r pK cMtum p~r anwmt snd all said coslt„ dw9~a and ~xp~uss Mwurc~d or p~id, IopeMa wlth wtb inarMl~ ~Aiil b~ wtund by 1M INn oi thi~ i ~orproa ~ ~ d Th~t W in th~ ~N of any brwch of tN~ Mapp~ a d~fwit oe 1hr puf of 11w JMORTGAGOR, a~ M th~ w«M ~ of wid wm~ of ewnw ~ i iwMn .~~.d a b. ea prompNy and iu11y p.W wtthin Hrrty f~0) days n.xt .h.. th. wrN i.wr.~ly b~oan~ dw ~nd wrsbMr wtthow dw~w+d a nato~ ; ~ I a(~ N tM ~rw~t wd~ and ~wry th~ sHpulatlaw ~pn~Ni. ea~ditions ~nd oowmnn of uid praniuory nw~ and this morlop~ any a N~ wM eal ; + i~M. a~wb «~d fu~h a~~~»d. discharp~d. .x.an.d. •ff.c+.d. oa~pl.t.d. oomp~i.d wHl+ and abid~d ~r. M.e b~.iaN. ar .n~r wch .wia d,. .dd ,P ' ~ Orps» tum ~Mia~d In wid pron~wry noN tiwn nm+Y~inp ue~P+id wHl~ intaat ~oawd, aod all nwetya ~~d h~nbY. ~MII b~oowN dw and P~Y' ~ aW~ fonMwi~h, a IMrwfNr, a1 Ih~ option of aid MORTG/?GEE, a ivlly and ca~Nly a N~11 of tM ald ~uma of a~onry w~n oripinatir uiputatd ! b b~ paid on MKh d~p. anythinp in said pron~uofy noN o~ in tN~ Morlp~pe b Ihs conttary rwfwithNat~WipJ NMI thNMrpon or tiNn~hM a1 fh~ Option ~ i •aid MORTGJIGEE, withoul notia a d~nwid, wk N law or In ~quitr, th~r~ a tiwrwftK b~puq, awr b~ p~oaaA~d ~ li all a~oMya s~ax~d Iw~bp ~ Md awtuntl prior b ib 4KtitWion. , _ ~ 7. liMt in d» wwN 1tit ~t th~ b~pY~ni~q d ot at any tl~n~ p~ndtnp ~ny wh upon thi~ Morpp~, or b far~cloM b, a w nfam ly a b~nfaw qy~n1 of ~np ei~Yn~ Iwrwnebr. saW MORTG~ACEE ~hill apply to•tM Court MvM+p ~uri~dietioe tMrw! fa th~ appoint~ewnt of ~ R~odvu. weh Cowt sFwll fartltivlM appoiM ~ nceiwr of s+W narqap~d popKly aN ~nd sinpvlM. M+dud~np ail and s4~pular tM Miooewi. profit~,. t~wa ~nd n+anwa hom wrF~+tawr ~ ; ~ ~oura dKMd wd~ and ~vKy d which, N b~i~+Y ~xp~rwtly wd~ataod N AN~by morqap~d K N ~p~atiully sN fo~th ~nd drwib~d in tM ~rantinp and < i A~b~ndun ct+uw~ h~rwf. ~nd ~h R~uhr~r aF~all h~w dl dy brwd a+d ~ffwaiw funaio~s and po~wKS in ~nrwi~ ~Mrust~d by a CaKt to a R~atva. and 1 .ud~ .ppoY~u~»ro .h.ll b~ ~n.d. b„ .uch caxf a ~n .dn~itNa .quitp «,a . manu of .bsaan. NQht to ..Yd MORIC3~l1c#, «d wi~hout ?~r.?«~. to th. ' 1 .d.qu.~y « ln~d.qi.~? oi ~h. ,r+lw of d+. pop«+~? nwhp.~.a « w th. .wvency « insolv.~? of ..w MORrc~?coR « th. a.t«id+n+s. .ea that ~ Pwfia. Mooinq iwu~s aa! rw~w+a ~11 b~ appli~d by wd~ R~aivM saoor~inp to tfi~ IMn a~quitp of ~+id MORtGACfE ~nd th~ practia of wdi ~ R To duN. P~h~ ~h? PMforw~, dhdwpti ~x~arhr. ~ff~a, aompl~t~, oomplY wi~h and abW~ bY wcl~ and wup M~ sNpu~tbn~, p~m~p. . oondhioea and aovMwna in said prani~wry naa and thi~ morqp~ ~N f~ath. • • - ~ 9. Th+t in tM w~nt th~ o~wiwnMp d dw narlppd pnmiw+. or +ny Part tl~rwf. b~oomp wat~d tn a p~non o~h~r Man th~ MORTGJIGOR. th~ + MORTGI?GEE. hs woo~son ind ~uipn~, ro+t?, witl,ou~ nake a tM MORiGA~OR, d~at with wd~ ~uocaaor w wa~saor in irq~rat whh nfa~na to tt~is ~ ~aort~p~ and tM d~b1 hK~by s~cw~d in tFN s+nw man»r a whh Mortqapor witlaut in sny w~l vitiwtMg or ~dwpirq 11» Morqapois' Wbiliry/ !ww w?dK w upon tM d~b 1~~ s~cwad. No aN of th~ pnn~wa i~eby mortpapd and na fabMrw~a on th~ pWt of th~ MORTGAGEE or ia woo~swn a saipns and ,w e~ctMaion of th~ tin~~ fw tir paym~nt of H» d~b Mnbp wcur~d oiwn b~r tl~ MORTGI?GEE w ib wooawn a a~ipM. aMN opW~N b~. ~YR. ~fll dw^p~ ar ~ff~d d+~ aipiml Wbiliry of tM MORTGJIGOR ir?~K ~Nfirr in whoM or in prt. - 1Q h 4 ~P~Y +lM~ thst tMn~ N of th~ e~wnc~ of this oo~act ~nd thrt no walwr d anp oWqation Mnwid~r w of fIM obUpation s~ ~ ouqd I~nbf? aMll at ~r tln~ ttMrwfw b~ Mld to b~ ~ waiwr of th~ Nmn lwtwf a d th~ Mrtiwn~nl ~~d Mrbp. ! 11. In add'ition ~o tM forpa+g ma+thlr p~~s of pinc'pal and Imer~st r~quind by tM pomiaory no1~ ~scw~d Iwr~by, morl~por ootienanb - ' and .pr..s a p.~r a mo~qa~. with .~ch ma?1Ny paym~nt ~n «Idiria+~l wm atimaad by morrpaps. a b..qwl w 1/1Z of ri,..nw,) ooa af th. fdbw- i ~ • - 1 = • A-+W na! p~op~rtp faxq i~vied a atsas~d ap+Lut 1h~ abov~ d~sc?ibed ttsl atat~. ~ b-Prnniwn~ on fin ~nd wMdstorm Mrurano~ a Mr~in reqv~nd to b~ u?dsd on tM Improv~maqs ~itwN on N» ~bow:d~wA~d prwniw. ± C-PnmMrns on weh mohp+p~ ~wr+ntY Msur~na a~ morly~pat ~hsll fran tinM to t8er dM+n fN fo u?ry on th~ loin ssaind h~nb~?. , J Morq.p.. ,I+.U haa tim. a tim. nwify maqapo. r, wriNnp of N» .mouM dw .~d p+yabl. h.r.w+d.. and wd~ swn sk.q MNrwpon b. dw .nd i phrabl~ on N» dw dah of tM n~~a monthil? WY~ and ~+d~ Nroo~ssiw month th~shw w?~il maqpN ah~il ooti(~r nw~tp+por of a cirnp~ tn wch ~ amamt. Sud~ wm~ alwll b~ ~PPli~d bp rnorq+~w towa?d tlr p~Ymsnt of nal ProP~rtY t+xa. Yrwana P~• ~~+D~ Y~~~1? M~i+wna P~ ~ ~ !H WRNESS VVHEREOf. th~ wid NIORTG/1GOR AM Mnwtb aM Ns h~nd and Mal tht da~? ~nd riM fltp afaNatd. a - , Pr~+a ofi ~ ~ . i . ~ • , % ee..e ts..n STATE Of iWRIQA ~ ~ ~ ~ 3eint Luoie . ~ ' ' ~ .~.,,.d Frana e a Bovd Jennin~a,~ g~ ing e~ r~s t .,,i. ~ ~ M~v~~ a a~. ,M.N ~ sna awwn a w. a b. dN d~cribd b wd who ~x~r.vwd tlw fonpoY~ t~M, rnd ~dwowbd~d b~ton a~ Nw tM iama tor dy p~rpo~M 1Mr,~ pqpn~d, z.s~~a . ~ ~ ..Atre/~Aay~Mr . ~ ~ ~ ~ ~Mlld Mld Of~li~ Mi) ~f ~ ~ ~ ~9~ • r ~ • ~~OA ~ ~01 ~ flMt Of AO/~ N Vfa RIIUfO 10~ ~ ~ ~ Pt~Lt s~f O~ F10fEdi n~ Mr comR? ss on. ~es Nor• 3. ~96s firM hd~~l iwYq~ i l,oa~ AMOd~t1o~ ' ~ py Am~n.aa Su~ Co. of N. Y. a ~ .s.ro.. - w .~~fi = ~ rn~~....,,• Fo.~ ?~.fG~l. p0.~a. r ~ ,......~,f - i • ~ , , ~ . yO ~ ` - V~ ~ . . . I~ f _ 8~~~J~/ . ~i•'O i 7 Q •i i ~ _ . _ . 6~~_4 p~ 4~"`a?:v? ~ . f~;~i~~';~,~j Rp~ x34 . ~,`:-~,~1~.t o h= ~ I ~~,~,r?~i~~.o:~ . =t• !~C E ~8 ~TRAS ~ '~~~,i~;; } ' = y~ ~::W' . ~Htl'. ~'LO~1e ~~''~•e,,~~~,-;~e~''~~~ . ~ • ~~:~`J' ~ • ~ /,'j` ~ . ' _ • ' ~1 . : J . . ~ ~ ~o~~ 95 ~ ~58 • f ~ ~'•v~..••~ . ~ 4. • ~ + ~ ` 4~ • ' - a.