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3. TO plaCe and continuously keep on ihe b~•~'dinys now or herEafter fit~ai~ on s~~d 'and a• d cn r:~: ip.n~-nt ard perso~a,'y ;overrd by th~? mortg• j
pa, wiYh ell p~erniums thereon pa~d in fuil, flre i~uuva+~ca ~n ihe usual standard po~~cy form, in a su'~~ u~;~fJ~~4 by the MC~R~v:.vEE, and windstorm i
inwra~ce in the us~+l standarcJ pol:cy Form, in a si-n appro~e9 by thc MOkTGAvEE, in s~ch :ompany ei ccmpanies es th,e h10R1GAGEE may ~
diraet; and sll fire and windsrorm inwrance polic~ea on any ui aa~d buitd~ngs, any interesi tii~rein or part th~reof, in the aggrrgarr s~~m afo+rs.~id or P
in sxeesa thereof, ~halt contain the ~sual standa~d morfgagee cia~se or such otha~ c!ae,se as tha Mortgayce may iey:,~re, making the icss vnda~ se~d poli- j
cie~, each a»d every, payabla to said MORTGAG[E as its intarrst may appear, and exch and e~ery auch p~.,cy sh~1i be promptiy ass gnrd and de~ivered to
a~y held by uid MORTGAGEE as further securiry to safd mertgege dcbt, a~,d, not !ess than ten (;Q) de,s ire ad~~~~cr of ~he exp~rat;on oS each polky, to dr-
live~ ta said MORTGAC-EE a rertewa! thereof, fogether with a receipt for the premium of suth ~e~~e~.a!; a:,d there sha~I be no f~re u~ ~.indsionr~ insv:ance
plaCed on ~ny of said building~, •ny interest there~n or parl thereof, unless in the (cr~n and wrth the loss payable as aforesaid; and in the eoenf any sum
of mo~ey becomea peyable under such pelicy or pot~c~es said MORTfAC~iE sh~l! have ~he op!;un ro recr;v;r .:nd apF'.y ihe same on occo~n~ of rhe int~ebted•
ness sewred hareby ar to permlt sald MORTGAGORS ro rec~~i~e and u:e ~t or any F~a~i tl:~.r:cof to~ o;i,~.r ~_vr;asrs. v.:+~:~.t +h~~•o: ~~~~.t~3 ~'~~P~~'-
ing eny tquity, (ian or right under or 6y virlue of this mc:'gagr; and in tha event s~ d RICJR7CAGCRS sha!! ~or any reasOn fail to krep thz sa~d premisea so
inwred, or fa3! ro deliver promptly any of said }wlicies o4 insv~ancc; to ea~d h10RiGAGEE, er t~l: pron±ut:y tu pay f~i;y any prr:nl„m therefor w in any
retpect feil ro perfwm, d~scharge, execvte, effect, complete, co:npty wirh and ab+de by ih~s covenant, or any pa~r hdreof, sa~d lv1VRTGAGEE may plac° a:~d
pay for wch in~urar.ce or any part rhoreof without waivirtg or affeding any option, lien, eq~i;y, or r~yht und~r or b~ virt~e of this Mortgage, and the
full amount of eacA and every xuth paynent sha!I b~ ~mmedia~ely due and payab!e e~~d shail bear If118f[3~ 'ro~i the datr thereof ~ntil paid at ihc rete ot i
nine per cent~m per ann~m and tcgether wifh wch inte~ea~ sha~~ le s~.urzd by rhe lien oi rhie mortgaga.
4. To permiT, commit or s~ffer no wasfe, impaitrtrent or deter~oration of said propertv or any part thereof.
To pey all end singular the costa, cherges and exYC~ises: including a rea;onable a?!orney'a fee and cests oi abslracts of tit!e, incurred or paid at
any time by said MORTGAG.E, because or in tF.e event of the fallure on the pzrt of :he sald ~ti\7RTGAGOR to d~fy, pro »pt(y and fully pcrform, c;~acharge.
axecvte, effec~, complete, comply w~th and ab~de by eech end eYCry tf~e ot~pv!~~ron~, ngrcemanro, cor.d~f~ons, end coYenam~ of w~d promissory no~e ai,d ihis
mortgage eny or eiiher, and said costs, tharges and expsnses, each and every, shall be immediately due and payab!e; whether or rot there be nctice d~
mand, attempt tv collett or suit pending; and tha full amount of each and e~ery s~ch paymenf shall bea~ inrerest from fhe date thereof until paid at the
rate oE nine per centvm ~e~ an~ium; anc~ aU sa~d cosrs, tharges and exucr.ses ~n:u~red or pa~d, togetirer w~ih wch interest, shall be secured by the lien uf th:s
mortgsge.
6. T}+at (e) in the event of any breach of this Mortgage or defauf~ on ti,e pa~t of the MORTG/+GOR, or (b) in the event ar.y of s~:d aums of money ~
herein referred to be not prompfty and fully paid wirhin th~rty (30) days next aiter ~h~ same severa!ty becon:e d~e and pa~able, without demand or notice,
or (c) in the event eech and tvery the stipulaiions, agreemems, cond~ticn: and covenanrs oi xa d promissory note ard th,s mortgage any or e~rher ere nol
~uly, promptly and fully performed, d:scharged, exec~red, Effe<ted, comp!eted, co,npl;ed wlth ard ab~cJed 5y, then ;n e~ther or any such >vent the sa~d ag~ ~
gregale sum menfioned in said promissory no~e rhen ramainiry vnpaid, w;th intere;t ac:rued, and a~l moneys secured h?reby, sha(I bccome due and pay
able forthwith, or thereafter, at the option ot sa~d MpRiGr+GEE, as f~fiy ancl complerely as if a+! of ~h~ s~~d su.~~s of money were o~~g~nally ar~putated ~
ro be pa(d on such day, anything in sa:d prcrrn;ssory note or in this Mortgage to the conirery notvrirhsta^.d:ng; and thereupon or thercafter at the option of '
said MORTGAGEE, withaut notite or demand, suit at law or in equity, therrfore or thcr.a{rer begun, n:ay ce prosecuted as if all moneya secured htreby ~
had matured prior to its instii~tion.
7. That in the even! that at the beg;nning of or at any timz pendi~sg any su~t upo? th{s Morr~~se, o~ tu forec!ose it, or ro refcrm i~, or to enforce ~
payment of any daims hereunder, said MORTGAGEE sha!i app!y to the tou~~ ha~ing iur~s;; c~i~n fherec~ 4or ihe ap;:o;nfinent of a Rece~ver, s~ch CourP shall ;
Forthwith appoint a receiver of said morigaged property a~l and sinqu'ar, intlvd ng a;i a~ d sl~~go ar ti:~ ~r.co~:~e, proiits, issves acd revenues from whateve~ ~
sowce derived, each and every of wMch, it being expretsly undcrsrood ~s Fe:~oy n;or~g;ged as ~f spec f~ca:ly set fath and deuribed in the grannng and ~
habendum clauses hereof, and such Receiver sha~i have ail the broad and effecrl~e fu-~:c.e,~,s a~,cf po::e;s +n any4v~se entr~a~ed by a Court to a Rece+ver, and ~
wch appo+ntme~Tt shal! be made by s~th Court as an admittrd equity ar.d a matte: ef abso ute r:gi~i to :a~d MOR7GAGEE, and w~rhaut referznce to the
adequacy or inadeqvacy of tfie va,ue of the properr;- mo~rgaged er io ~he so.vrncy c~ ~n_o,~enc~ ef sa~d MOR~;AGUR or tha defendanrs, and ~har such 2
rents, profirs, income, issuas ar.d revenue: shall be ap~lied 6y sucn Rec~iver aac~d;n~ to the II~n or equity of sa;d MORTGAGEE and rhe praa~ce of wch ~
COUrt. ~
8. To duly, prompt;y and fully perform, d scharge, erecute, effect, rc.^.~piete, cernpfy w~th and aE:'de by ~acF~ and every the st~pv(ations, agreements, $
cond(tions and covenents in sa~d promissory nore ~nd rh:s rr•,orrgage s<r forih. ~
9. ihai in tho event the awnershio of ~he rr,orlgaged prcmises, or a~y part iherccr, c_co~n~s vestrd in a pcrson othcr than the MORTGAGOR, the F
MORTGAGEE, ita suceesaora and aas~grss, may, without notice to the F.1pRTGA02. dea: ~vi:h s~.;cf1 SVLCB550! or waessor ;n interest ~vitn reference to th;s '
mortgage and the deb~ hereby secured in the same mann_r as w~rh Morrg.3gor ~rrithnut in any way vit!tiing or d:sch~rgtng th~ Mor~ga9ors' tiabt!irr Merre- `
unde~ or upon the debt hereby secured. No sale of ~he c:~e~nfses hereby m:ortyaged ar.d no tcrbeara~ue en thv part oi rh~ I.10RiGAGcE or its succcssors '
or assigns and no extension of the time for the payment ot the dAbt hcreby seaired given hy the ?.~.ORTC-AGEe or its successors er ass:yns, ~na!I operate
to retease, discharge, modify change or affect fhe cr;g,ral I~ab:I~ry of tna /v10RTGA~~UR here:n, Pifner in whole or in part.
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i0. It is specifically agreed t!~at tlme i3 of th= ezs•_nce ef th s tonrract and thar no wa~ver of any ob::gat;on hereunder or of the ob?igation se-
e~red hereby shali at any time thereaEter be heid to 6e a wai~zr of ttie terrt~.¢ herecf or of the i~strurren? secv~ed he~cy. '
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11. In add.tion to the forego'n~ ,nonth!y p~ym.erts e` p~i:,r pal and i ~!_res' requ:red by r%ve p~c~n sso~y r.e'c sac~red hz!~b;, mcrtga^yo; eovenants ~`3
and agrees to pay to mortgagee v.ith each ~r:on?h y pay~.~enr an ~du,•lonai sv~n cs~ ~;re~ o~ rnoro:~~gee fo be ec„a~ fo l, 12 of t',e an,;~l cost of the foliow-
ing: ~
A.-A!1 real property tax=s levi;;: or assess~~d ay3;•:s; tl,c oi:ove d_;cr;:.: d re.al es+a~e.
8-Premi~ms on fire and windsro'm insur~~cz as 'r.r're'rn req~.rcti to te car~:ed cn 'hc e~,::ovem•~:i`s s t;;a!e oo t~ a ehOV: d^<_C:ifJ^d premises. ~
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C-Prerniums on svtn mortg~ge guaranty irs~~~ar ce ~s ~n~-rc;~~ee SF~d :!rC^ _'O r, dc~rn f~t te earry on ~~.e .can socr.ed hzreb~. _
MOrtgagee sha!I from fin~e to t~n,e not,i; m~_rt<:ay: w;L:rg c? 'h_ :~~c ~nd p~yab'e h~•.~un•l,• nJ s.c!~ sv-. sc::,:! therc~pcn be due and y
Fayab!e on tne due date of ~he neat r:c~ih'i p~yrc~.t acd'.. c nrccess~ve ~n;n~h r~;:.;~~ir_, ~:t. ..~i103jCf sh,, ~.o-li~ r~ ~n~gcr of a cnange in such ~
amount. Such sums shall be app'ied by mcrtga~:•< ro:.ard nc~ E:a~r.~ent of re~l p!o~;erty taxes, ins.r; p•.r.n ~~^-s, ,.-d ~r.u:tgage guaranty i~surar,ce ~
premiumS.
IN YJITN'c5S S4HERErF, the said MCRTGi+GtJK ha~ h^~zUn'o set nis ha~:d and seai the day and year first afo~esaid.
Si ned, Seated del'vered the preser:ce of: ;
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SiATE Of fLCRfL~'A- New Y~rk ~
Kin~s
COUNTY OF _ I
Before me pereonally appea~ed _ ___S A 1 V A~OPA 8~ V fi 4 f! A~ A T''Q ~ a,id
~h~~13..~5 D. vg$C~118.rd _ his w•ifp, to me welt kno~xn and knovvn to me to be
the individ~a~s dascribed in and who exacuted tne foregoing instrument, and ackno.vledged before me that they execured rhe same for the purposes
there:n expressed. And the faid_ PI'?~~~j.3 v88C19a..187'O _
wife af the said _ ~ V£9 OT' R_ Vaseellero _ , upon a separate a~d private
e~am~nat~on 6y ~re taken teparate anti apart fram he~ said husband, ackr.owfedgcd to and before me that sfie executed sa~d insrruroent freeiy and vol~n-
rari!y and wF+ho~t eny tompulsion, constraint, r.pprefienslon, or~ar of ur f:crn her sa~d husband. ~
WRNESS my.han3.aiK! offic~al seal thla__.-_~_ _ day of,____ +~11I'19 A Q~9 b
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ST, ~UCiE COA NTY.
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