HomeMy WebLinkAbout2409 , ~ i, ~ F
To plau and continuovsly ke~p on tM bu:ldirgs now a I+K~ahN aitu+t~ on ~~id lu+d and on all equtpment and pKwaally covKd by thi~ mat¢
•y~. with dl prsmivrt~ thaeon pa~d in fvll, fu~ iesv~anc~ in tFw uiwl sundud policy form, rn a tum ~pprowd by th~ MORTGAGEE, and windtro~m
inwr+nce M tM uswl ~andud pol~cy fwm, in ~ iwn +pprov~d by tM MORTGAGEE, in wch comp~?y o~ comWniN a~M MORTGJ?GEE ~nay
d'u~t u~d aU tir~ +nd wind~arm insuruip POIiCN{ on ~ny of f~ill bNildin~i. afly G1MfH1 tMffG1 W piH fMtlO~, in tl+~ pqrp~q w~n aforKafd or
in taoeas ~~of, sA+li contah tM wwl s~andud marpspN claua~ a iuch othN clavs~ ~s th~ Mort9+yh m+y ~equin, ms~i~p th~ lou ue+der uid po~F
cia, ~ad~ +nd ~w~Y. WY+bN ro ~+id MORTGAGEE a in inrersat m~y ~ppN~. ard each ~nd ~wry s~?ch policy ~hatl b~ promptly ~u:qn~d ~+d d~liver~d to
My I+~W br aid MORTGAGEE ~s fw~hN sewrity to satd mat~ dsbt. +nd• ~w1 I~ss tMn f~n (l0) day~ in +dv+nu of tM ~xpir~Ywn of t~ch policy, to dM
liwr to said MORTGAGEE • renewal thsrwf, togtthK with a recsipt fw the pnmiun? ot tvch r~wal; and there shail b~ no fir~ or windstorm intwa~+a
plapd on ~y of saW b~ildirgs, ~ny inl~nst ther~in or part thenof, w+leu in tM (am' u+d wi~h ~M loss p+y+ble a afw~aid: +~d i~+ th~ ~v~nt any swn
of ,na,~y pKO~ p~Yabt~ ue~dN wch pel;cy or polici~s said MORTGAGEE ihali h~w tM optan ro receiw and ~ppiy 1M ssnw on accaw?t ol ~h+ i+tid+bted-
n~s~ s~sw~d I+K~by w a p~rmit said MORTGAGORS ro receivr and u~e it w any part the~eof fw other pu?pous, without the~eb/ waiviny a~mpair-
inp any p~rity. IiM ar ripht w~da ot by vittw of this motlpspei and in tM twnl ~aid MORTGAGORS slNll for ~ny rtaso~ f~il to keep th~ i+id prKnises ao
iruw~d, or iail b d~livN promptly ~ny of said policies of iniv~ew ro uid MORTGAGEE, o~ fail pranpNy ro pay fully any p?emium thsr~fw a in a~Y
rsspM fail b pt?fornl, d'nch+?p~. ~aecW~. ~if~ct, complet~, comply with and ~bid~ by thts coven+N. a+nY P+rt h~?wf, saW MORT~'iAGEE may p1~c~ and
paY fa wd~ q~swa~c~ or a+y put th~rwf witlw~rt walvieg o~ ~ff~ttlnp anY option, Ilen. ~quity, w ripht undN a by virlw of this Mat~sp~. ~nd tM
fv11 ~r~nt of t~ch and ew.y wch WYm~M sh+ll ba 'aru++~diat~y dw and p~ysW~ u?d sAsll be~ interat from th~ dat~ thsnof until p~id M tM rat~ ot
nin~ pM c~ntwn pu ~n:wm u~d to~ether with wcA i~taest sMll b~ s~cund by th~ li~n of this tnapap~.
To permit, oo~nmit or wff~r no wat~, be~p~ument or dctKioration of said propKry or any pnf the?eoi•
S. To pay a11 and ~inpular th~ /cotts, ch+ry~t u~d expenses, incl~?dirg a r~ason~bk ~ttorney'~ fe~ u~d aosb of sbstrsct~ of titl~, kKw.~d a p+id ~t
any tim~ by i+id MORTGACaEE, beuus~ a in the ~ve~t of tM f~ilvn on the part of tM said MORTGAGOR to duty. prompty snd fully pKform, dxh~r~,,
execv% dfw, compl~t~, compty with and ~b~d~ by ead~ and every tM stipuNtions, ~grtNnl~tl, ~1Wn{, ~ntl OOVlMMf O~ M~ prOm~tfOry ~1W~ MNI th~f
mo.?Q+~ +nY a atMr, u~d sa~d cosn. cMrges and ~apenK~, esch and ewry. shsll be immedNtely dw and pay~bN: whetMr a not rMn b~ nwioi d?
mu~d. ~tt~mpt to oollect w wit pw+drgs and tM full are~ow~t of esch and w~ry wch psrmeru sh+tl bew interest irom th~ d~t~ tMr~of until p~id at the
rote of nim p~r centum pK annw+~; +nd al) Hid cdsts, thsr9es ~nd expentes incwred or paid, top~~hK w~th wch inta~st. ahall b~ a~cw~d bp tM Iwn of tiw
i
e, ihN j~) in tM ~v~r?t of ~ny breach of this Mwtysp~ w defa~lt on ths part of the MORTGAGOR, or (b) in tM ~va+~t ~ny of ssid swns of morny
hsr~in nfKnd to b~ not {xomptly ~nd futly psid within thirry (30) d~ys next after th~ samt uverally bacome dw ~nd p~yabl~. withad d~mand a notiu,
or (V in tM ~wnt e~d, and ~very ths stipulations, sgreemenn, cond~tions and ooven+na of s~~d promisw?y not~ ~nd tha mortpape any a ~itMr ~n no1
iuly, promptly and fully p~rfwm~d, d~rped. executed, efficted, canpktad. comPl~ed with and abided by, tMn In eitMr w u?y such w~nt tM ~aid p~
pr~aM wm m~ntionsd in said promissory note then remaininp unp+id. wiM inter~st acu~ed, and all moneys s~t~r~d Mr~by, shdl b~aom~ dw a~d pay~
able forthwith, w thereshN, at tM option of said MORTGAGEE, as fvlly and cary>I~tely as if ~II of ths said swns of mw~ey w~r~ agin~lly uipulated
ro be paid on wch d~Y. anythirg in said promiuory note a i~ this 1Nortpaye to the tontrary notwitFyundirq: +nd th~reupa? or the~eafta at tM optan of
uid MORTGAGEE, witho~l notic~ a demand, suit ~t la~v a in sq~iq, there(on or thareafter beyvn, m+y be pro~acuted ~s if all marys s~cw~d hereby
had matVred priOt ro iff insfifufiOn.
7. That in tM ~wnt that at t!K beginning of or ~t ~ny time pendinp soy wit upon tha Mwtyape, o~ to faaclos~ It, Qr to nfonn it, o? to ~nfwp
paymaM of ~ny d+ims I+crwnde~, said MORTGAGEE thatl spply to the Cwn Fuving jurisdicfion thereof ior ~he appantment of s Receiver, wch Court sMll
futl+with ap{wint • roceivcr of said mwtgaged property alt s~xl sin~ular, includu+g all snd singutu tM income, proii~s, issw~ and revenwt from wMttwr
wwn deriwd, wth and every of which, it bcirg expressly understood, is l+ereby mortpaged as if apec~iicaly se~ iwth aod destribed in tM ~rantirp and
h~bendum cla~s~s Mreof. ~nd such Receive~ sh+ll have ~II the lxo~d a~d effective funct~ons and powen in anywise entrusted by a Covrt to a Receiva, and
such ~ppointmMf shstl be made by such Cowt u an admitted equity and a m+ttet of absolute right to s+id MORTGAGEE. and withoul refe~enct to tM ,
edequacy a inadequacy of tM wtue of tF~e prbperry mwtg+yed or to the swvency or insolvency of said N10RTGAGOR w the defsr+dams, ~~d that such 1
renn, profib, inoonr, isw~s and rwenues ~hsll be +pplied by such Receiver accordinp to tM lien or puity of said MORTGAGEE and ~M practia of wch
CouA. .
8. To duly, pranptly ~nd fully p~rfwrn, ~schuge, execute, effect, compkte, aomply w~th ~nd ab'de by each ~e~d every the stipulatioeis, a~reemaNS,
conditions and ooverwnts in w~d promiuory rat~ snd this mortpag~ ~et fw~h. ~
9. ihat i~ tM event the owne~ship of the mort9ayed pemises, or amr pui thereof, baomes veated in • pason othsr tlun tM MORTGAGOR, tM
MORTGAGEE, its wctessors and ~ssyro, m+y, wilhout notite to the MORTGAOR, deal with such svctessor or suupsor in inle?est with referente to ihq
matyipe and tM debt hereby satvred in the same manne? as wifh Mort9~ga without in sny way vitiatinp w discharpin~ the Mwtysyws' IiabiGty htrr
unde~ w upois ths d~bt hereby sear.ed. No sale of th~ premises hereby mortpaged and no fwbearsnce on th~ part of the MORTGAGEE or itf waesson
a~ui~rru ~nd no extensioe of the time for the psymem of the debt hereby sec~red yiven by the MORTGAGEE or its successws or augm, sMll operat~
ro nleas~, d'ach+ry~, modify ch+rge or +ffect the wiginal li~bil~ty of the MORTGAGOR herein, sither in wFwk w i~ pan.
10. It is specif'rcslly ~greed that tim~ is of the euence of this contract ~nd that no~waivK of any obliq+tion Iwreu~der a of tl» obliyation se
cured hK~by thall at any time there+her be held to be • w~iver of the terms hereof a of ths uutrument secwed herby.
11. In addition ro the forego:eg monthly payments of princ:p?I snd intsrest required by the promiuay nore secwed hereby, mwtgsga oovenants
end s~re~s to p~y to mortyagee with each monthlY p~Yment ~n ~ddi~ional sum es~imated by morty~gee to be eqwl to 1/12 of tF~e annwl cott of the follow-
ing:
A-All real properry taxes kvied w sssesseo agairot the sbove destfibed real estate.
B-Premiums on iire and windst«m inswance as herein requ~red to be carried on the improvements situate on the sbove desuibed p?emises.
~ C-Premivms on such matgage gwnnty inwrance ss- mor~g+gee shall from t~me to time deem fit ro urry on tHs ban secured he~eby.
~ ~Mortgagee shall from time to time notify mortgagor in writing of the amou~t due and payable herwnder and such wm shall therevpon be due a~d
payabl~ on the dve date of the next monthly payment and exh urccessive mo~th theresfter ur,ril mwtgapee tha~l notify mortgagor of • charge in wch
I amount. Such wms shall be ~pplied by mo?t9s9ee toward the p~yment of resi property taxes, insur~nce prem~ums, and mortpa9e 9usranty imurance
~ premiumt.
~ IN WITNESS N?HEREOF, the said MORTGAGOR has hereunto set his hand ud sesl tM d+y aod ar ' ~for
` . " ~
d~ ~d tn tM presenc~ of: v\' 1 ~-~.c.:{~~ .
~
\1~ ` ~ -T~ . ~
q
re~.q
STATE OF lCDRf~ N.P,W VO7'~
SS.
COUNiY OF ~ ~ • •
e.f,,. P,,,o,,,iy ,~.,,~a j~a 1± P r T. hi 11 i r s,- ~Tr . ,~a
r,~le A. Phi lli~?s ht, w~re, ro m. weu known .~d known +o ms tc b. i
rhe Ir~d'ividwb described in and who executed the faepoirg instrum~nt, and acknowledped befor~ me tMt they e:seuted the ssrtr for tM pwpose~ ;
.~..s..d. ~ ..d c¢le A. Dr.j iiirs
w~r. e,...w t~Ql*er T. phi].lj ~ s, Jr. ,,,p«, ,,~.~.r..~d ~~.a
ex~niuNt~on by m~ taken separ~te and apart from her ~aid hvsband, acknowledped w ~nd before m~ tMt ~Fw execvted said frotrumant freely and vo{urr
tsrily and without aiqr oompulsion, cauu~im, apprel+snsion, or feu of a from Mr s~id hu~nd.
WITNESS my F~and ~nd official seal *tii 'y'~ d~y of MQ~I . A. D. 19~~L
~
Notary Publit in , RW_ rt~
Mr Commiuion ~~cpires:
R•+~ twuvKUK Mor~raoss ut
wst hda,~ s.vin~. t:o~n~.~oci.rwn • ~ No. 6o-799sG6v ~:3?' .
Of F ~ ~OtarY PubNc. State ot Nsw Yofi~ ' -
~ P ~ a ANp REC SO Q ~I~ed in Westchester County ~~~'•aEt,, =
erm Expires March 3Q.19~t$•„ • ~ ~ . N
. l~C1E`Cd ~ - ' p~? * ~
i~ ~~oc'~R~CORD 1?E~IE E - " ~ :
~J
4~~ i
,~'~'~j~ti~ • - _ . _ 41 1 l~J~-'~.~~~ ' ~
1, ~ C~ O ~ ~ ~ t~ • ' ':1 .
. v ~ :r
~ ~ 3 I PM ' ~ ~ Ms' ~ 4,, ,
~~:~~~i~''~ '66 MAY 3 . 45 ``~VCU`
~ OF '~r'~;~. ~~I~U;~~`~~':~'1
~ ~ ~'ty o~~ 145'7Q4 ~ V ~ I~ `~tN7'An~ L ~ ~
f ~ ~?1~6 ~ r„ q l~ v,
~ no~~r_~ F-o~YRas y po,y~ 6; Sr Mp~rA
~ LERK CIRCUIT COURT @,'~cr~ ~ ~
~',~O~+s~ C o~38 ,v
0 R ~,Q03 i~
~y?'~ ~ BOOK147 , . ~ ~ t , d
~,~~o . 1 i~.
.
. . - _ __ti__ _ _ -
~ ~ _
~ r
- . .