HomeMy WebLinkAbout1018 ~ , i -
a Zb py? W,wd dnsutae t!~ costs. cl?art~. e~p~~s aad ~ttoca~Y's tea re~oasb~ lacurnd ae p~W at aqy Uaw
p~r tw Yorts~i'~ b~csua~ ot aeu? 8efautt as to aa~? stlpnlaUon. a~reemsat and ooveaaAt at tbe uoa ~ad uib ~[ort~~. a
eitt~er. or 1s ~a7 sult or prooeedln~ ~t Lw oe f~ eqWt~ to wNeh tM ~lortsa~e~ sball b aM beoonr~ a~ in ret~r~t~a
co ces Moc~s.so,r. a~t~r~t ~n te. rr~mbe. Mre~n oe w.uswa~ns te. uen or prbrtc~ a tdis ~t . cb.
atnounts ~t aw? snch oost+. ci~ar~. exP~n~ss ud faasA b~ 8s~m~d • charp and !a~lebt~dae~s ~~~Mt+~D~
aud De~r fr~teiwt at tb~ au~ rate aa t h
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t. Ia the rvent ot a 8efanlt in w? ot tM ooveaaab ot tNs 1~[ort~atr, tt?e ~tcrtsases !s ~V ti~ ~~s~.
w1dcA n?y? be exerclsed ~t an~? tlnre dnrfni tUe adstsaos ot W~ detault and so lot~ ~s a de~anlt tA~ll ~lst. to take po~w-
doa of and !?old the pretnise~. wltl~ oe witDoutp~~oc~s o[ 4w. aad ooUect aW recelve t1w r~ut~ IwuM atW pz~odlb
tlierKrom. wfth or writhont ta]dns poweWon ot tM N'~i~. and to appt~ t4t reats. i~ri~ aoa p~+o~ts to tt~ pyment
ot txpenxa. cl~ar~s atW amounL dne and p~D~t un~er the PravWoos ot We note and tNs ~[oet~a~e. '1~ ltorfsa~oe
as~as ~ad tnnaters twto tM Morts~~ee tb~ t+eat4-~es aad Prosts ot tM prea?Ises !bs tLe puspoM ator~Mb. Tbs L1o-
In~ ot ponadon o! tAe pr~mise~ a~d the collacdoa a[ LDe rents by tAe t[oet~a`ee sAall W no wy watw tM rlsht o~ tbt
ldo:t;ea~ee to forecbose tNs Moetsa~ bea~usi ot a d~ault
AnQ the Morti+~ ~,1/. d an~r Wiae p~ndtns a wtt upon tNs Mort~~e. apDb to tbe Court havins iurltlletbn ot
such suit for tUe appolnt~neet at a reodvar ot all and da~ular tt~e premlw aad tiie re~?c; fsue..na pz+oab thereo~ ana
ttbereupon the Court shall tortAvvfth, as a stslct matUr ot t'~At 1n tt~e Mortia~e. ~nd witLoat ooadderatlan ot the
value M tlMe nart~a~ed Prea~ises as seearlfJ? !or We ~mounp due tbe florfi~~. ~~7 ~ W D~~ a' Pe~
bound for the p+~yment ot aucs aa~ouaL~ aM vrlWout notiar. aPPanR a reaeiver o[ all iuch premi~ses with t1N uswlpo~wees
and dutta includtn~ We po~' to reat the premises aad to collect tM rental tIIereot aud tAer~tro~a. tM reveaw derlvea
from dd premises to b~ applkd to tLe pi+oper chas~es aad expea~a atteadlns We reoelversUfp. tases aod as~nenb
and oWer chat~es s~atast atW ior t1k Protectlon o~ tbe prembea. tLe pwmept of tUe ladebtt~s ~scttred bereby. or as
tbe Oourt a?a~ otAeiv?l~e direct.
S Ii ths premisa. or W Dasi th~reo~ is t~ken or Oanna~M under a~ powar oi adnent daaatn or otherMl~e. tLea
wAttever rnoney~ slual th~raby becaaa?e due the Mott~a~or ~e'e her~by ~ssl~ned and shall be patid to tbe Mort~aje~. wb0.
atter deduetlna aII reasoaaDle costs and a~s wWcb m~1? have Deea lncarnd by tt In tAe oollection tbereo~ ~Wl
tant~a. Aqy suipiuss oi ~A mowyi o~ver
and~a~tAe amounb n~u'Y~ to W~T~
~aA be rafa w the Mort~or.
9. 1'he Mort~asee a1~a11 1~aw tt~e rl~ht at any time a+W iran time to tlaae. and without aotlae w or co~nsent at w
Derioo. to release any portioa ot the gremba le+o~ tbe lkn ot tWs Mort~a,te aad to extead the time ot p~yment o! all o~r
.w? paK or We maebt.aner.. ..lceioac a~tecdns ar nle~ias the Pe~oaal llabwt~ ot aw p~~ 1t.we tor t1~e p~yn~enc ot
any sum or interat secured herebY and without in anywVe altertn` varyln~ or dlminl~in~ tLe force. et[ect ar lleu a[ ,
this Mort~age on all oi tM pnmises not sp~ciIIcalb relc~sed trom We lka ot thts Moet~~e b~ the Yort~ee.
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'1'6~ oo~ab ba+da oontai~d sl?a11 biid. and tL~ b~l~b and ~A~?anta~ shall innn tq, tat r~pecdva As~e~ ~ucu- °
to~r. admWdraWr+. saoe~soe~ aad a~dp~ a[ tl~ p~stfes Dereto~ VVAen~ver ased. tbe afa~ular aumbes s6ari indudt tLe '
ptutal. tLe piutal tlre dasnlat. aad t~e u~e ot aap iaM~e shall lact~de all ~enders. It Is lateaded tnat t1~1s Hoctsatt aed ;
se~.vred are an~ wlth rdereaoe t~ aod a~ari be ooostrned as a Fbiida oontr~et snd sone:aad b7? tbe ~
IN W1TNL93 WH~OF. t~ Moct~ator lurem named has l~ereanto ast bts haod aM asal tM dp aM ~r llnt ~
sbvMe wiittrp. " ;
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~AY FW LW~R~Y
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Patricia L. tialmes
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