HomeMy WebLinkAbout2017 3. To ptac~ ~nd continuously keep on the bui!d~ng~ now a her~al~~r ~~~wt~ on ~e~d tanJ a~d on ait cquipmenl ~~d p~~~on~lly COVe~cd by Ihi~ mO~t9-
p~, with ~p pr~mium~ Ihereon pa~d ~n full, hrc insuiance the ~wal ti~entla~d po:~cy form, in • wm a~:pFo~~!-b7 the MURiGAGEf, and wind~torm
~n~ur~nc~ in Ih~ u~wl ~tanderd po~~cy lorm, in • fum q~proveJ by ~h~ Ak~RIGAGEE, i~ wch canpany or c.Hnpan~es +s ~ha MORiGAGEE m~y
diiKh, ~nd •11 (ir~ and w~nd~~o~m insurance polic~e~ on a~~y ol •a~cl Luild~~+pa. any int~re~~ ~Irnein u~ par~ ~her.•ol, in ths ay~re9a~e wm ala~sa~d w
in ~IIMLf Ihe~eol, ~MII conlain ~?w uswl ~la~,alard mar~~yce c~russ or such ot{x~ daus~ ~s IM MoUyeye~ n,ay reqvu~. m~4ing ~I~e tuis unJ~r w~d po14
cie~. e~ch ~nd •wry. parob!a ro sa+d MO'fiGAGEE ~es i~~~rrcN a~ay ~ppear, a~d eoch and •very.fvcti poi~cy ?6~U t,s pranN~iy •~sp~~~J u,J dol~ve~ed ~o
.oy Mtd Ey s.~d MORIGAGEE st lur~hrr sec~e~ty to sa~J mwtyage dab~. and. ~01 Icaf 1l,an ~an (101 day~ in aJva~~cr o~ thr eapua~~w~ o~ e~ch ~wlity, to de-
IivN b Nid MORTGAGkE a rt~kwal thcreo(, ~oye~her with • rete~pt for ?hr premw~n o} tuch ~enrwa~: a~~d tt~rr• shell Le ~w I~re or wu~diro~~n i~~w~~t~
plat~d on ~ny o1 said b~ild~nys, any i~lere~~ thcre~o or pa~~ ~hcrco~. ~:~lrss in ~he fonn and wuh ~he lois ~yable a~ a(o.esa~d; ancl in Ihe erenl any wm
of ewn~y beconxf p+Yable under iuch policy w po~rcios ~~~d MORTGAGEE ahail have ihn op~,on ~o rec.~~c ~~~d ap~~ly ~he ~a:ne on accoun~ ol ~he i~xfeb~ed~
ne~s ~scured M.eby o~ ?O pa~mil f~id MORTGAGORS 1o rKeive and uw il p•ny ~>..r~ 1hr:.-of lor otn.•r ~:ur+~otes. .•:~ii~~.,l th:~. ti~ ~~a+v~ o~ ur~pau•
inp any eqvify, IiM w riyhl under or by virlus ol Ihis mp:tyape; ~ntl io the ~veN sa~d MORItiAGURS shall tor •ny rcatun 1ai1 to kcep 1he fa~d premitc~ w
inwred, p(ail to ddivN p~aaptly •ny o( aaid pol~ur+ of inwis~xe to •e~d MQRTGAGfE, or !ad promptFl ~o pey I~ily any pre~~~~v~n tFu~e+w a in a~y
r~spae~ fail a perlwm, d~uM~y~, u~cute, eHecr, canple~e, cwnply wfih a~ed ~b~da by ~h~s covenant, or a~y part herooi, sa~d MORiGAGEE nmy p1~Ca ~~.d
paY fa tuth infur~hc~ a~nr pa~f Ih~reuf w~thouf waivinq a•ffectin~ any o~,tioa. lien. cyu~ty, w n{~ht under or by vi~tu~ of ~his Mo.~qa9e. and the
1u11 anwuot Of ~xA ~nd evtry ~ucti p~YnmM fh~ll be ~m~ncci~etely d~e a~x! peyeble •~id shall bru ~mer~•sl 1rom ~ho da~e ~hc~col until paid •1 ~he rote ol
n,ne p~r c~nWm pN ~hnum anJ ro~r~her w~th wch uieeres~ thaii be~ avwrcd by Ihe lien ol M~a nwrtgagc. ~
To pHmit, tommil ot suif~? no waife, impahmcm w dcter~wa~w~ of sa~d praperty a any parf thereof. ;
S. To p~y •11 Md sinyutar the costa. charpss and e~pen~ei. ]ndud~nq • ro~wnable auw~,ey's (ee and cosh ol ab~t~ects ol tiNe. incwrod w paid at `
any tims by said AAORTGAGfE, becaute d in tAc ~va~~t of ~hs ladurc on ~fw par~ of ~h~ sa~d MORIGAGUR to doty, p~ompUy a~d fv~ly pwfam, dathwrqt.
exetvt~, ~tFect, comple?~, canply w~~h a~~d a~~de by each e~xl every ~he i~~~x,lanons, egr~a~n.ny, cond~t~ons, •nd coven~~+ts o( sa~d pran~»ory ~ote end ~hi~
mortqape •ny or e~~her. anal asd coa?s, ch~rget ax! expense?. each e~~d every. shell be i~n;n~•d~art•fy due an~i payabtr. whe~her or not ~he~e be no~ke der
mand, atlempt fo col~ttl ot suit pe~ul~ngj ~nd the fvll a~rwunt of e~ch a~xl evcvy tvch paymenl sha? bea. in~crrs~ trom the date ~he~cof un1i1 paid tl Ihe
~alt o~ nw~e pe+ c~ent~m per sn~w~h; and all said cos~s, cF~+rgra a~au orurnstf uxv~rec! w peid, to9rthe~ wdh auth ~nte~rs~, ~hall be tecured by the hen o) Ih+~
~ro~. •
a n~.~ a+t in the event o~ any breach o( ~hi~ Mortyage or detavl~ cvi tM peri oi the MORTGAGOR, or ;b) ~n ~he event any ol ss~d su~ns oi money
hartin refe~red ro bc not p•~nptiy anJ iully pa~d w~~hiei Ih,~ry (JO) daya nc¦t oher the ~.une srver~Uy beco~~+e due and payeb!e. willaut denra~d or eo~ite,
or (c) in ihe ~vent exh and evr~y the stipvlat:uni. egrtemenlt. tondJwns and covcnants ~f se.d pra:~~awry no~r and tha nx,~t~aye any w eitAe~ •r~ nol
~uty, prompNy anci lulty perfw~ned, d~scha~yed eaetuted. elftded, twnpleted, compi.ed w~~h and ai;~J~ci yy, tl~en in e.ther w a~y wch ev~ro ~he a~d ay~
~r~yat~ fvm mero:o:.ec! in said pronusso~y iwte tt+en ~~ma~n~ng u„pa~d. w:th i~vrrr;~ a.u.,rd. end ~;I nwncys srcured hereby. ~hall k~come dw and pay
sble IorthwitA, or therea!~er, ~?,r o}-t~on o~ sa,d MORiGAGEE, as fvliy a~d cemplruty as il a~l ul tho sa~d w~ns of monry wero w~q~n~ily strpul~ted
io !x p+~~d On suth day, anyth~~r~ ~n sa.d pro~~~~aso+y ~ote or in t4~is Mwtyaye to ~he confra.y ~~ot.v~~hsW~~da~y, eied ~i~ereo}~c+n ot ~?x~ea~ter ~t the opnon of
sr d MORIGAGEE, w~thovt nohcr ur demar.d, s~~t at !aw cv in eq~~1y, fhe~rlore or thr~~atter begun, may Dr prosCCUted as i4 a!1 montyt ~etured heteby
hed miturcd pr.Ol 10 sts uuhtut~on. '
7, ihat in the cvent tha~ at the beginning oi or at any t~me ~.~ndiny any wo upon ?his Mo.tqaye. cx to forcclose it. or to rcform i~, o~ to e~(ort~
payment o1 eny daum ~+erc~~~der, sa~d M.ORTGAGEE sha!1 apply ro thr Co~rt havu,g ry~ud.ct~on th.~r~•ot fur ~hr a~•~,ant~nen~ of • Rece~ver, s~ch Gu~r1 sha11
fc~thwilh ~ppo~nt a rece~~er Of »:d m~atgsy~d prODerty ali and s~nyv:ar, inel~cl.ng aii and su~yu~ai t~:e ir.co~ne, p~~fas, nsues and reven~ts from wha~ever
so~.ce der~ved. each and every of wh ch, It be~~~g expressly ~nde~s~ood. ~s lmeby morrg.in~~d as ~i aprc,f~calty set io~~h a~d desu~bcd in the Qrannny and
heQend~m cte~~sea hereof, and svch Rece~re~ sh+ll Fuve alt the broad and cifecr,ve lunc' ~ns and powers in anyw~~e enuustcd by a Co~rt Io a Receiver, and
wch ~ppoi~tme~:t shali be mede by s:•ch Ceurt as an adnin~d ryu~ty and a~*+atre: 01 ai~wtute r~ght to sa~d MIaRTGAGtE, a~d w~~hout refere~ce to ths
adequxY or inadeq~~aty O~ the velve of the pre{xrty morfgeged or lo the so~v:nty or ~nsoiventy o~ se~d 1V10RiGAGOR p the a~rf~ndantt, and thal ~uch
rems, prol~ts, inco:~x, issues arx~ rerrnues shall be app,~ed ~y such Receeve~ acco~ciu~g to the Len or equity of sa~d NIVRTGAGEE and the p~aU~ce ol such
Court.
8. Te du!y. promptly snd IuUy perform, d~scharge, exec~tr, effKt, complete, comply w~th and abide by each an~ every the »ipulations, agrcemenb,
co~diriuns ~nd covrr.ants ~n aa~d pro_~n~sawy ne!e and ~h~s moety~3e srt forth.
9. lhat in the event the oc~r.ersh]p of the mortgayed pre~.~ses. or any pa.t thc.eo~. b~~co~nes veatcd in a pcrwn other than the MORTGAGOR, the
•ti1QRTGAGEE, its wccessors and assg~s, n.ay, wiihaut no~~ce to fhe ~tiORTGAOR, deat v.~~h svch wccessor or succv~sor in ~nre.rst w~rh reference to th~s ~
r~ort9age and the debt hereby set~red +n the same ma:incr as with Mortg~gw withcut in any way vit.atmg or d~scharying the Mortgagor5' liability hero- ~
u~der a~ upon the debt hr~ebt srwred. ko sa;e of tt,e pre~,~~ses hc~eby ~~ortgaged and nc forbca•a.,ce on the part of ~F.e /dORiGAvEE a ita successors ~
or ess+g~s and ~o e~+ers~on ot thr Nme i« the payment of fhe debr he~cby aec~rrd g~ven by ~he MORTGAGEE or ;ts successws or ass,gn~, ahall operat~ F
ro re4ease, d~xharge, r.+od~ly change or af(ec1 the o+igmal Iiau:Lty o~ fhe MQRTGAGOR herein, e~tFxr in whole or in part.
10. h is sFec~~katly agreed ~hat rime is ot the esse~ce of th~s contracr and ~hat na wqiver of any ob~~ganon herevnder or of tM obligation se-
cured he~eby sh~i~ ir ~ny time rhrrealtr be held to be a wm~er of th~ terma Aereof or of the ir.str~maM secwed hrrby.
11. In ~ci~.t e.~ ro ~ne forege ~~g ~;~oneh'y payments of µrinc pal and inrerrst required by tF!e promasory no~c xwred hereby, mortgagor covenants
ind agrns to pay te r~,~-~ga~ee h~th each mOnth:y pay~.`e+ii an add,t;onal su~n es!: rated by n,ortgayee to !x equai to 1, 12 of the on:~ua{ cos! of the follow-
~n~: .
!.-A!i rea~ Frcpe•ty +axrs ~ev~e~ e+ assessrd ag.~~ :s; the a~ove c~rsc~ird r_al es~are.
B-Frr ~s on (lre ard w~ndstorm insurar,~¢ as herein .cq~:r~•d to be carr~cd en the improvrr:e~ts s:tuate o~ the above d:scrlbed premises_
~ C-Pre:~~u~•a o^. scch n:ort~;ge guaranty ms~ra~ te as mo~rgagre sha~l fro~c t me to timr drem iit to ca~ry on tfie ban accured htreby.
f Mort s=~a `•cm t~ oe te '~:T~e ~or~fy mo~~gsgcr ~n v~~~t•ng ol the a^. ou~t d~c and payabte hereundrr and such surn shall the~eupon be due and
` ;ayab d e dare ef th> ~-:~t monthiy payment a~d each s~:cessive mon!h thereaft~r ur,hl mortgagee shall ~oti(y nwregagor of a change in such
a~--~ . Such s str ' ~ rrga3re [oard +i+e payn~ent of rYa: praperty taxes, inwra~ite prem.ums. and mwtgage guaraniy inwrance
emiums. •
IN ~ - RiOF. r e ~d MORi GO s hereunto xt h~s hard and seal the da ar first a
ed a~d de:~vered the pr e of:
~ • « 'i • ~ ~
- .
~.n
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- ~ i • ~ ts.~aq
sTatE oFxtostwt I~6W YORK '
u_
co~NTr oF ~ocC~ D j .
defwe me Pc~so~asly sppea~ed _ N~~l A~ Vai1 DOZQA ~
/+1~C~ M. Vi11 DOt~A his w~fe, to me welt known and known ro me to be
rs,e individusb described ~n ~nd who execueed the fwe9oinp ins~rument, and ackrwwiedged e me t t they e,cecuted the same for the purposes
:r,~.~„~ .,~~..~a. ~.~a ~ Alice M. ~n
; fe oi t!~ said _ ~ i l A• viA ~OZ~ A upo~ • sep~rats ~nd priwt~
e.am~nst`on by me taken sepa~ate and apart from her se~d h~sband, a w to and before t inatrument.fre~ly and volu~-
~a~e!y and w;thovt any co*npulsion, cons'raint, apprehens.on~ fear or fr r said husba
WITNfSS my h~nd and offK~at seal this__- ~ _ d~y of A. p. 19 71
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~ ~n a~d (or the te of F d~ at larQ~
~ My mm~ssion expires:
r~.' Retum Ta
f'us~ Federal Sav~ngs 3 Loan Associat:on RY
t)f iwt Pt*ce MIC •
qp?Al! tV1LtC, 3TATF. Oi NfM T
~ fort ~~e.ce. flc.~da NO.~,•13~52~10
p.d~h.a ~ n~~a ~
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~~uMSCit~~repar~d By John ieT. Collins
•~~~~ie~,_-~$~ { L'pa Assotiation
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, ~1y2 2013
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