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HomeMy WebLinkAbout1599 ' Alw sll air•cond~uoam~ eau~Pm~nt. jat. stam. elsctnt. vater and otAet I+tatu+~t. ca+k~n~. refrs~cri~~e~. I~~th~u~~. PlwnbwK. v~eulu~Mt. ~rr~Raun~ sed pil~ret ~~~tans. um~wre. .nd b:tures •hKA no~ er nu~ hera(~a p~rta~n t~ e~ u~ed v~th. ~n nr ~n +a.l Prem~fes. evcn ~houRh rhr~ ~ ANached nr .leuthihle .~ND ALSO sll additioeti rsplacsa~eata, sad ia~~o.sm~en t snr ot ebe torqao~ sed ali ovs~i? d s liloe uatwe to u~7 d e?+e ro~e~oins. aev~ir.d e!~-cbe Yort~ssor wD~pn~ut ts tM rst~ ~ thi~ llort~. aN (iE tM a+~oins~e vbv«y u u~ed ia eoaneetion .ritb 1[ s bwias~~) aU ostsnth usde-msrks. trads-u~~ sn~ tnde-Ve~oe~~ w~ 67? ths Yo~a~ ~n connectioe then~ith sad tbe t wiil oi Mid b11~inl~. TOG~TH6R WITH a11 and ~in~ular tbe tsasmsnt~. hersditsaunes. aud aoportenaaees tbtreaaw bebnsiu~ or ia snyaiae ap- per~ainin~, aad ths renH. is~ue~ snd profits thsreof. sad ~abo all tbe atsu. ~h~ titk. intens~ Ybo~ ~ ~ bt d do~ret. ~cpar~te e~tstt. po~KSSion. etaim snd dtmand wbst~osre~. u well in Isw s~ ia squitp, ot tbt ~~t~f~d p.overer. aoe e.ern wre ener~ot. with the appunenances. ~Ali ot the tore~oin~, whether coo~i~tin~ entinly ot aal propertr. or eutin~r d eb~ttds. o~ of bot6 ral aute aod chattels. is here~na(ter, tor tonvenience. ealled tl~e "mon~assd properep".) TO HAVE AND TO HOI.D the mo~ssed propertr. and e~er~? part thc?eof. unto the 1lort~a~ee (orever. PROVIDED ALWAYS, aed this mort~sse is on the cxpress eonAition. that it the 1I .han ar or ~auK ~o ee w~e s~~ of thc monies mcntioned in ssid . promissory ,note. and the interest tbereoa, atl at tbe timta sod~the nnonu as tbmia ssreed to ~e paid, accordinR.to the trne intent and mesnu?~ thereof, snd ~ha11 par att aber ~vms pw~?ided to be psiA bp this mortsa~e and shsU perforn~ snd abide by ail the co~enanb aad s~semeet~ bersin sad in said note containtd. then tl~ese preseats shall 6e void snd the estate herein and herebr ~raeted shall eare and determint. .~ND SAID ~iORTGAGOR does hereby covsnsnt witl~ tbe ~tort ee that said ~[ortRator at tbe time of the ensealin and deli~rery of tl~ese preients it the absotute owner o( an inAeteasiblr_reised d ~i nwrt~ed property in fee simple: thst said ~a't~a~or 6sa m ~ood riQht, (ull power and la~rfnl authoritr to~n n~ s~n. ~e11 and ~ vep the ssme ia tl~e manner snd form aforeaid: that ~t sbsll be laM iul for tht ~Iort~aRee at ill times herafte' paea Iy and quieti~ to eata npon, bo1d. oeeupf sed enjop sa:d mort~a~ed propertr and e.ery part the~eof. ane the spQurtenances: that wfd mort~s~ed property. snd e~erp put thereo(. is free and clear of all other and - for~+~er liens, asseasments, chsr`es. ~ud~nents. ta:es. bx titks and/or eertifieates, snd encnmbr~ncea oi every kind and natnre except such as msy be herein speeificslly ment~oned: that ~aid lrtort~a~o~ does fnlly wrssrant ehe cttk to ~sid more~aRed pro~enr. and every psrt th~re~.i, and Nill forever detend the ume a=ainst the lawtut elaim~ ui all perwn~ whomsoever. ~ND THE HORTGAGOR does herebr Earther eovenaa~. promi~e snd asree. W and with the l~ort~ee, as follov?s: 1. To pa~• promQtly as they ~evenllr become due a11 and sin~ular the psyments oE principal snd interest and other sums of money pa.•able br .inuc of +~sid promissory note or any nnewal or txten~wn tt~ereof. snd br. ~~rtue o( this mon~age. all past due interest to be~r :nterest at tt~e rate of tight pt~ centn~n (8%1 per snnnm from i[s due date uatil ps~d; w psy all and singular the costs. fees. chu es ar,d ~.lKnse~, includ~ns cost of •ecunes abstrscts or other evidence of the status of the title to tbe ~nortQa~ed pwpertr, and rqsons~k aec~ r~~r~'a fees. which the UtortgaRce msy be put to or incur in cotlectin4 any anm. either of principsl a mierest, secnred bereb~?. o~ ia pro~cce:ns tl~e Non~sRee's secuntr. wlxtl~er by suit ot otherwise: to pcrm~~ commit ot snf[er no waste. impairm'nt or deteraration •of ~aid propcrty or an~ pan thereof: to petmit nothins to be done to said tno~s~ed propertr thst msr in snr war weaken or impair chr secunty und~r thss mort~a~e; to per(orm, comply with and aAide by tath and every the eoreaants. ~~emunts and eonditions of sa~d promisso~y note and of th~s mortKaRe. ~ 3. To kap the asore deseribed premi~ts in (irst clsss rcpsir and in as sood conditan u thep• now are: to permit the D~tort~ee t~ ~•nter upon aod view aid premises. The buildin~• now locsted on premises herein or ~rhich may hereafeer be tocated o~ erectcd chc~~; n shall not be relocsted thereon or removtd thereEroen, sltered or rea~odeled withont tbe wrritten consent ot the atort~agee; { and. ~n case of broach of this condition. tht partiea so doinR or the ltortaa~or s1~s11 be lisbk to the 1tort~a te Ior aay damaRe done or ir.~parn»ent of tht property securirK this mort~a~e; and this mongage and the note or note~ secured ~eby shsll, in its or thar ~ e:,~irr~r. become ima~edistel~ due and psysble at the optio» of thr aiortgs~ee. Thi~ mort~s=e lien extend~ to sny buifdin~ now t ~:•:a~r or uhich m~y herafter be sitwte or tocated on said premi:es snd to materials composmg said bnildins. whether attached or de- eached w the real estate here~~~: and ~n case of tht rrmoval af sn~ build~ng now located on uid prem~ses or rrhuh may hereafter -be tocatrd thereon or of tl~e matrrial composin ~auu during the term of this mort~a~e to some other premiaes. the lien of this mortsa~e sha~+ r:e~ain and be en(orceable a~ainst ui~ buddinR~ or material rrhtre~er anu msy be moved or relocated. ! 3. 'I'u pro~nptly obey and comply with all lsws snd requirements of any snd all duly cunstituted sovernmaital authorities: :o ~ pa~• yron?ptly wha~ dae all and sinQular the axe~, sue~sments. le~ies. liabitities, oDl~' ations and encumbnnces of every kind snd na- ~ eure t~~at r.~ay ix Ir~~cd, asses.ed or impostd upc+n or s~ainat naid premises, or upon this mortga~e or tht indebtedness secnred hereby; ! cn t.~rn~it no lien to accrue or remain on aid Dremises. or snr part thereof, or on tht improvemenu thereon. whith mi~ht take prect- - ~ dencr o.•er the tier. here:n and hereby crtited; to de it with the 1lortp~et, on or before the f~nt ds~r of April in ath yar, if not i.: c.,d.- poss~:sed ny h~m. and in any event prior to elinquency, satisisctor~r e~idence of the psyment o( all ta:ta. assessments, publie _ ~ c`,a•c-3 an~l lienc of ever?• nature, attec~ing or ~~hich msy affrct. t!+t above described premises or anr pan thereof. (Rev. 2-1-S1) . a. To kcep the mort~a~ed propert}~ and the impro~cmen~s nurr or heresfier on said mortRasM property insured s~ainst loss by ~ f~re and Iighce;nR, and aRain~t loss result~nR tram windstorm anJ such other insursble husrds ss mar bc •eqwred by 1[ort~s~ee. in a coi.~f~:ny ot companie. utisfactory to the A1ortKa~te. in s su~n m~t less than the insurabte ralue of the mort~aQed propertr~ (or such !~<<er smount ss may be acceptsble to a[ort sgeel, the pol~cy or ~+olicies. h~tb the premiums paid. to be depo~~ted with the ~iort~agee. each polic to conta~n, or to hsve sttsched t~reto, s~lott~a~ee Cbuse providiaR for the parmsnt o( the insurance monies. in cau of toss. co ~ort`s~ee. sueh atort~s~te Clsn~e to.be in subsaneulty the Eor~» o( N:hat i~ ~enerall~ knoNn ss the "New Yorlc Standard or s~ ~for~Ya~ee Clau~e". or in •nch other iorm ss n~~r be read~re~ i~r the ~ore~ te: to dtliver a11 renewal policia, witb preminms pa~d. ~ un?~,~ provis~on (or the paYment thtreo('be audt a~ prorided in iubpsnsnph (sl of Parssnph 19 haeoi, to the ~tort~asee, st lqst c~n i l0i dars prior to the expustan of the old policit~; W permit the amount of inaunna moAey psid by sny insnnnce compaay in ~ c~.e c~i lo~~ w be sp lied tither on the indebttdnt~~ acured hereby or in rebuitdin~ or re~torin~ ot ttp4cir~~ the datroyed or dim- aqed ;.ropertY, as tl~e ~fort~et msY elect. 3. ?bat ii the afort~s~or tails or rdu~e~ to thu~ n r and/or insure said mort~ed, property. or to delirer such insursnte pol~c~~=. preniium~ psid. u herein proviatd~ or to pa~ aa~diahu~e snr taxes. ar~e~~meelu. IKns, el~ar~es. eneuu~brances or other eostr RI pr ~a.~n,ents herein a~roeA to be paid aad diuhsr~ tbe ][ortsa~ee m~r. st Nort~s~as'~ optioa, aulce ~ocb~ep~~s,, proetir~ sueL ia. ~:,ra~.ce. or pry snd di~chsrRe stieh taxe~ s~ses~a~snq. tisna, ehar~a or other eosu ~nd that it sbalt aot be oDl'~pwnr oe t6e ~tort- gaqc~ to inqu~rt into tbe atcaaitr or ~alidi-tr ot ~utb repain. ta:e~~ uuument~. lit~u, ebar~ta, or otbet ewu; that not6in~ berein coa- ~a~n~A shall be con~crocd u rsawria~ tbe Yon~ .e w ad~?anu aar mon~es tor anr ot ~M ryo~e~ afors~aid: th~t tbe aureire br the ~tott~a~t d ~uth oPtiou to sdranoe mo~ie~ for webprr~ta ~hdl' in ao wiu wsHrs ~ dieet Yas1=yre'~ rkbt ot foree3own• or a~ n any other ri~bt or «medr hertunder; that dl monia thua p~id ahall dn~r interat at tbt rab of M oer eeutom ~~naum. and. totKhet with rqaonabk attorner's k e s, ewts. e~q~ a n A expsa~e~ o t secorins t i t l s ~eue M a e ~ d o t t o r e~ e l o~ d r e ar o t b e r proc s s d- in~s. sh~tt be rcpsi4 to ths Y ce. on Aemaad. and ~ail become so much sdditio~al ioaestidna~ hcrsb~? ~eeared~ and iE eot atber- ; w~se psid br thc Nort~a~or. sha I p~id out e~1 ehe proceed~ ot the sak of tbe aart~a~ed proo~ttr is eue of foe~eelosase u l~erein prov~dtd. 6. That thc 3tort~a~or ~?ilt ~ire immcd'au notic~ br ~nsil eo tht ltortss~ee d anr toa~epaacte. tts~ula, or ehanse of owner- r ~h~p of tbt premi~es. 7- Tbs~ tbe l?ion~a~« shall be ~ubr uA tor hatber ~e~oritr to the tien. thoush nla~ ot rstorA. d aoy snd all eacombraneq 4 pa~d :ut of the procecds ot t~e toin `ecrred~ this a~ort~a~a ~ t. That in the ersnt tbs Dto~t~a~or sboatd aNisn ehe rents. iswa an0 or~u d the mort~ Orewi~s. or sey osrt eber~of. ~ ~~h~.ut the conunt ot the 1I tbe~ tbs a~tiss wm ~eeund he~ rhatl. st tl~s o~twe ot tbe Y Meoa~ im- o~tp~, h r~;ce,.~etr due an/ parabk: that ths Nort~or. w trrt~e ths psya~ent d iu0sbte0~ ~ sbors ~~~er~e~d. doa bere- b~ sds~~n w ths Mo~~ ee. all tbs ree~u. ~swa ~~otit~ of said premius autrrin;~ ~n~ bsoomiei be wbNqrt~t to and drrin~ tM c~~ecncr d,nr ecf.elt in tbt pa~ment of anr prineipal ot inter~~t hercbr ~scureA ot ~n tht oeriorm~see ot ah? o~ tht eo~enant~ berei~ ~~?,~~~~e. c2~ ~ ~~i~ ~ 15~ _ - - - s ~r - p ~