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To pba u~d conti~wusly kNp on tA~ buitd'ags raw w hasah~? ~ltw» on said land and on ~11 puiprw~et arw p~.~oe?~Ily covK~d by tAis mat¢
+p~, with ~p pnn?iunw tMrwn paid in full, fk~ insw~~?c~ in th~ wual sundWd policy form, ~n ~ sum ~pp~owd by tM MOkTGAGEE, and windstam
irwawana In tM uswl s~andard policy fam, M• wm ~pprowd by tM MORiGAGEE; ie wch comparty or oompar+ia a tM MORTGIIGEE ~y
dinett ~nd a11 fin ar.d w&d~twa inwr+na policies on any of ~aid build~e~pa, M+y let~.y~ tMrei~ a put tMrwf, in ~M ~pprpa~~ sum sforaaid a
M~xau 1h~nof. aMll ea+tain 11» wwl sandud mon~a~ d~us~ a s~eA otlw~ elws~ is tM Mat~p~ n++Y nquuq en~kMp tM loss undK said po1F
e~a. Neh and ~wry. WY~bt• w said A~ORTG.1GEf u in ie~~?sst enay ~ppqi, and t~eA and ~wry weh polky ~i+ail b~ pranptty us:~n~d ae+d d~livtr~d ro
any Mld by s~id MORTGAGEE q fwthK s~axity ro s~id mortp~e d~bt. and, not t~a thu~ 1~n (10) d~ya in ~dvu+a of 1M ~xpiratton of Nch poticy. to d~
IivN ro wW MORTGAGEE a~wsl tM?wf, fopNt~ with • rouipi fw th~ pnmiwn of wch r~newalj and tMr~ sh~ll b~ no f'~n w windstwm tnwr~
plaad on ~ay of satd bvildinp~, ~ny imsr.q ~h.r~in a pan tFanof, unless io ~M fo~m' and wi~h tM toss payabb a ~fohs~idj a~d tn tM ~vMt ~ny wm
of moMy betorews payabN v~d~r wch poiicy ot policih s~id MORTGAGEE shall Iwv~ tM optan to repiw and appt~r tM iame on aot»~mt o1` tM ir+d~bted~
nq~ Ncw~d INnby w b pKmit qid MORTGIlGORS to nteiw and us~ It o/ aey pa?t thereof fw othe~ pu?poses, without thaeb~ waivin~ a imp~ih
ieg any puity. li~n or ripht w+d~~ or by virtw of this mortyapet ~nd in t}N ~veet ~aid MORTGAGORS shall fw sey nasoo faii to keep tM said prani~s w
iniw~d, a fail w d~liva promptly any of s~id policies of inw~MU ro s~id AA01tTGAGEE. or fail promptly to piy fully ~ny prrmium tMr~for a f~ ~ny
?sip~ct fai! b pKforn~, dhchuy~. ~x~cvb. ~fhct. oompl~t~. canply wir6 and ~bid~ by this cov~nant. or any p~A heraof, s~id MpRTGAGEE may plac~ +nd
WY for wd~ kawuKS w arry put tMnof without waNinp w ~ff~etinp u~? aWioA. U~n. p~+ib. a riphl ved~ or by virtw of thi: Matpap~. Md th~
fu11 amoum ot ~ach ~nd ~v.ry wch payme~t ~h,li b~ imm.di,nly dw ~nd pyabl~ .r?d sM11 bzar ie~..W hom ~M dar~ ~her.of uo~il paid a1 tly raN ol
n1n~ pa annpn pa ~mum ~nd to~s~hN wirh wd~ ie»rat shall b~ s«urod by ~he 11~n of thts mat~. .
To pKeniq oomnit o? wffM eo wut~. ~nt w deterioration of s~id propKty o? a~ryl pKt thereoi.
S. To pay ~II md sirgvlar tM.ca~ts, cMrp~s a+d exper?ses, inciudirg ~ r~ason~ble attan~y's fs~ and oosts of abstracb of titl+. incun~d w pald ~t ~
~~y tien~ by aid 1NORTGJIGEf, l=eauu a!n tM ~vMt of ths failuro on tFw paH of tM said MORTGAGOR ro duly, promptly ~nd f~lly perform, diseMr~R !
execut~. ~ffect. oompl~te. eomply with and abid~ by Hch ~nd ewry the stipv~atiooa, s~rsemenn, ca~ditions ~nd oown~nn of ~aid proenissory ~ot~ and thw i
^wrtp+~ +nY or ~itlw?, +nd sa~d toi~s, chuq~s and expe~res, fach and tvery, al~sll b~ Immediately dw ~nd p~ysble: wMther a not then b~ notici ds i
m+nd, ~ttempt to oollect or svit p~ndnpt and tM full sr~w~n1 of sach and ~wry wch p~ym~m sh~ll beu intar~st from tIN dat~ tMreof ~ntil paid at the 4
rete of nint per tentum pat arwxrm; w~d ~I s~id cbits, ch~rpea and expenses incwred a psid, top~tAa with such intKpt, aA~l1 b~ aavred by li~n ot Nw
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A. 1ha~ (a~ in the ~wnt of any br~sch of this Mortp+g~ w def~vh on th~ part of the MORTCaAGOR, o? (b) in th~ evem ~ny of s+k! wms of mon~y
hMein nfKr~d to b~ not p?anptty u~d fuly psid within thirty (30) days neat ~fta ~he ssme seve?alty becan~ dw a~! payablt. withovt danand a notia,
or (d in tlw ~w+1t sach and every the ~tipvl+tlor»„ aqreemems conditrons ~nd tovenanb of s~id promisswY note snd this mort9ape ae~y or eitFw ue no1
~uly, prompNy and fuUy perForm~d, d~scharped, executed, ~ffected, complcted, compl~ed with ~nd abided by, then in either a sny such ~wnt tM s+id a~
yre~t~ iwn m~nrio~~ed in uid promissory note ~hen ~emsininp ~,npaid, with inrerest acaucd, and all moneys secvr~d hereby. shsll ~~aomt dw and paY
able fonhwith, or thereafter, at tM option of wid MORTGAGEE, ss fvlly and compktely as if all of tt+e said wms of nwney wer~ originNly stipulated
to be paid on wch day, aeythinp in said prom:ssory note or in this Mortgsge to the contrary no~withstand7ny; and thereupon or thereaftK at the option of
said MORTG/IGEf, withovt rwtKe a demand, wi1 st taw or in equity, the~efwe or thsreafter begun, m~y be prosecutad as if all ma~eys s~curd Iwreby j
had rtNwnd pri0? to itt institutiOn. _
7. TMt in ttw ~venf thst st the begi~ning of or ~t any time pend;ng say wif upon this Nlwtgag~ o~ to forecloa~ it, or fo re"form ~t, or ro enfwo~
paymeM oi aMr cle&ns hatev~ said Nk~RTGAGEE sF?all apply to 1he Court having jur~sd~aiw? thereof fw the +ppo~~tment of • Receiver, wd~ Couit ~MII
fonFiwith appoint s rauiver of said matg~gad property all a~d aiegulu, includ~ng all and singvlar the incane, profits, iuuei and revenues from what~vtr
wurce d~rived. ead~ ~nd every of wfi~ch, N beirg ~xpreuty underuood. is hereby rnorrgaged as if apeclfically sat fonh ~ dssvib~d In the pranti~g ae+d
hab~nd~Hn dauses hareof, and such Receiver shall h~w sll tM brwd and effective func~~ons and powers in ~nywise4ntrbs by a 4oyrt ro a Recetva. ~nd
wch ~ppointmcnt sh~ll be m+d~ by such Covrt u an ad~nitted equity snd a marrer of ~bsolure rigM ro aid MORrGA(ifE; Yiwl~wirho~-"r'teisnce ro. tfr
sdeqvacy or inadeqwcy of th~ valw of the pioperty mortpsQed or to the sotvency or insolvency of said MORTGAGOR w the~ ~f~nd~ht~, and that such
renrs, profin. income, issues uid rwenues sh~lt b~ apptied by such Receive. accwd~ny to tM lien or aquity of said MORTGAGEE and t1~e practice oi such
Coutt.
8. To duly, promptty and fvlly perform, d'acharye, executc, effcct, mrnplete, comply wi~h ~nd abide by each ~nd swry tF~t stipulatia~s„ apresme~q,
co~d'aioro and covena~n in said promissory note and ~his mortyage set fwth.
9. That in tF~ event ths ownership of the mortgayed premises. or any part thereof, becomet vested in a person othx_ th~n tM MORTGAGOR, th~ ~
MORTGAGEE, its succeswn ~nd auigro, may, without norice ro rhe MORTGaOR, dea! with such suu~asat or svocessor in interest with referaxe to ihis ~ ~
mort9a~ and the debt hereby secvret! in same manner as with Mortgsgor witho~t in any way vitiatirg or discharginp the N{ortyagors' UabiGty heh. I
under or upon the debl hereby secvred. ~ sale of tF~e premises hereby mwtgaged and no fabearanoe on tha part 'of ~he /IlWRTGAGEf a in wcceswrs
or auipro and no sxtension of the time for the payment of the aebt hereby secured given by the MORTGAGEE or its successon w ~is~ns, ,hall opsr~t~
lo relea~, dixMr~, modify change or affecr the or;ginal liab~liry of ~he MORTGAGOR herein, either in whole or in part. . !
10. 1~ ia sp~dfKally .greed rhat r'~m. a of ths euence of thw conbact and tMt ~o waiver of any obligation herevnder p of tM oWiyation t~-
a.red Iwr~by shall at any time thereaher be held to be a w+irer of the terms hereof or of the instrumeM secured herby.
11. In add~tion ro the faego:ng monthly payments of princ:p~l and i~terest required by the promiuory nole secured hereby, mortgagor toven~~q
and ~?eK to psy to erartgagee with esch ma?thly p~yment an additio~al sum estimated by mo?tgagee to be eqvsl to 1/12 of the annusl cost of the follow- '
itg:
A-A!! real properfy taxa kvied or assessed aga;nst the above deuribed real estate.
B--Premiums on fire and windsto~m insunnce as berein requ~red to be urried w+ the ~mprovemeori situate on the above desuibed premises.
C-Premiums on such mwtg~ge gw~~nty insurance as mortgagee ~fiaFt from t~me to time deem fit to urry on the loan secured hereby.
Morigsgee shall from t~me to tims noti gayw writing of the -amou~t due and payable hae~x~der and wdi sum shall tlxreupon be due and
pay~bl~ on the due ate of the xt month meM and each successive month thercafter until mortgagee shall ootify mortgagw of a change in such
a~nount. Such su tF+all be ied by ee toward the peyment of real property tsxes, iro~rarxe prem:urt?s, and mortgage gua?anty inwrance
premiums. -
I ESS RTGAGOR has hercunto set his Mnd snd sesl the day year fint ~forssaid.
' Seakd del' tM ~pfes of: ~ ~
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STATE OF PL'O~RIOR New York ~ ,
We3tch6st@r ~ '
courm oF .
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e.fo,. n,. pe~soo,~ty,pp~„ed JeTL*±ie M. Ceruzzi~ a~rideiw ~ ~
]mOfDfe, to ~rw well known ~nd krwwn to r.~e to b~
rhe tnfividwl~ d~safb~d in N+d who acecvted rlw forpoing &istrvmem, and acknowledped beiae ms thafp~ ~:ewted th~ sm for tM purpo~s ~
' .~.....a. - _ t sbe ~
WITI~IESS rnp hrd and off'~cial s~d rhu d+Y of / •A. D. 19 68
FILED AND RECORB ~ P~aK ~ t ~
ST, LUClE COUNTY. FI.A~~ "`r f
R~hKn ta.
Fira f~d~r~l Sarinps i lwn /?sauafan N~~~iItJ~/~~F~ED J. FRAPIK PETERSON
Notary PuWic. Stab'of New Yorlt
a ~ PK.c.. No. 60•3075335 . . . . ~ ~
~ PK~ce, Fior~da Appanted fw-Westchesier Cou ry t~ ',~Y
. . '68 JUN 3 • 2~ M~, ~o. ~9 :
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This instrumeM prewred ~ _ , - _ ; ~ '
FiRt Federal Sar. b lo~n A.~-sn. o ~ER ~-oi~ RAS ~ • . . . • ~
a f ~ c~RK ciac~iT cauRT . .
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