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HomeMy WebLinkAbout1864 s ~ { nn~l shn~l p~•r(o~m. ~•un~~?~v u~ilb a~~d ~bid~ by rnch ~ncl Pnery Ihe a8rprmenls. sllpu~atton's. condilions anc~ ~-~u~~n~nls I~i~rr.~(. an~l o~ I?~is n~ori~~anp. fl~rn I~~is murl~a{IN ancl ihp ~statp hp.pby t~reaft~. shall cea~e. de- ~?„i ~~P ~~~~n ~~,~~c ~ ~ ~n~ Ilu~ n~url~~a~~or I~~~r~~6y ~uril~rr coi~euanls ancl agrpes lo paY prumpfly when due the pr~nctpal and inl~~rnsl qni~ ol~u~r s~uns aJ mnniw provic~ia~ ~or in satt~ nole anc~ Ihis morf~ufle. w ei!{~e~: fo pay a~~ and .innular IhP 1o.~os. ossi•~sm~~nls. I~~~i~s. liabilili~s. oblir~aliona. ond Pncum6ronces of e~~ery nalure on satcl pro- pe~ly: fo prrmil. ~•ummii ur su(f~~~ ~io u~nsf~~, impairn~enl or ~elc?iorafion o~ said land or Ihe improuements I~u~mi•n al a~~y lim~: fo ~i~~•p f~u• hui~~~in~s n~>to ur I~eri~n(!~r on sai~~ ~an~~ ~ully Insu~rtl in a sum o~ not ~esa Ihnn i~~ n i•ampany or com~?ru~i~s ai'i'~yHa~?~e lo I~u~ mort~a~~~e. I~ie po~icy or po~icies !o ~~e ~i~~c~ ~~y. an~ payab~e lu, s~i~I moNi~n~~P~, an~~ in f~~~ rr~nf any sum o~ mon~y ~~PC'omps payab~e ~~y virfue a~ sucti insurance f~P moriq~~1~~' sl~al~ ha~~~ Ihi~ rinl~l lu rrceio~ and apply tlie same !o the indebtedness I~ere6y secured, accounting fo f~~~ morfryn~or ~or any surp~us; fo pay n~~ custs, c~~a?4tes, an~ expw~sPS, includtng ~awypr s~e~s ant~ Iit~t c~rcl~~s, r~~ason~~I~~y incuni~~~ ur pai~I hy fI~Y morlpaSl~e hecnusP o~ !he jai~ure o~ the murfgaflor to prompl~y ~n~ ~u~~y i•o~np~y u~il~~ ili~ a!Ir~~m~•nts, sfipulalions, con~~ilions anc~ roi~enanls oj sai~ nole anc~ I~is mortgage. or oil~u~~; fo pNr~orm, ~-omp~y ivil~~ an~ ahirre hy each an~~ e~~ery fhe aflreemenfs, slipu~ations, cont~iftons and c-u~~r+~~nle sef forl~i in sni~~ nol~ an~ Ihis mo?Igage or eilF~er. In Ihe ei~~nf Itie mortgapor fai~s to pay w~en c~u~ any la.r, assescmrnf. insumnce pr~mium or ol{~~r si~m ~j monev pay~b~e by ~~irfu~ o~ sait~ note anc~ lhjs morf~agp, or ril~~er, 1~~~ morl,ryagt~ may pay 1{~P sam~, u~ithotef u~aivin,ry or aJjecfing f~e option to ~orec~ose ~ or unv oll~Pr ri~~l~i {~~r~iu•~I~r, nnd al~ surl~ paymenls sI~aII hear infprpsf jrom ~lole tl~ereo( al Ihe ~lahPSl Il1U?- tu~ ~nfc~ I~u~n a~~o~rcw~ ~~y I~i~ ~a~ns oJ f~~~ ~fnlP o( ~'~ori~~a. any sum uj munc•v I~Nrein re~erre~I to tie not promptly paicl wit{~in t•~ ~nys nexf a~ter i~~i• samr ti~comes ~~u~, or i( ewc~i ancl erery i{~e a~rnempnts, slipu~nfions, conclitions anc~ conenanfs of sait~ • nof~ nnd this marl,ya~~i~. c~r ~illi~r, ar~ nol ~ully ~x~r~orn~ecl. compliecl welh nnct a6~d~1 6y. 11~en the enti?e sum mentionPC~ in sai~l noto, an~ Ihis morl~~ag~, or the entire 6nlance unpaitr t~ereon, s~a~~ foHhwifh or itierea(ter. al thc oplion oj I~~e morfno~~~~. I~M'ome an~I Ii~ true and naya6l~. anythinfl in saic~ nole or ~terein to the conlrary nolu~ifhslanclinq. Fnilur~ ~?y Ihe morfgagee to pxercise any o~ fhe ri~hts or options {~erein pro~~i~~ix~ s{~a~~ nof conslilul~ a u~ai~~~r o~ any rirl~fs or op~ions wurpr saic~ notP or Ihis morfgage accrue~ or Il~er~aJl~r a~-cruin~~- ~n ~itness ~hereof~ I~ee c~i~I morf~~~~or ~ins {~Pr~~~nfo si~~nerl ancl sPale~ ftirse presenfs Itip r~oy an~~ y~~~r Jirsf a~~ori~ u~ri/len. Sit~n . a~A~~ anc~ v~i~~~r~c~ in 1~~~ prnsrn~•r o~: . • : y - - - . _ . . - . . . - - ' K R.MAM . , ~,s- ~-v- - - , ~ ~ b~'~ M~ ~i ~ - . - . ~ cv n. ~ ~ ; - _ - - - - - - - - - - - ~ - . ~ ~ ~ STATE UF ~ NEW YORR ~ c:c~t'~~rv c~F NEy~T YORR - I HEREBV CERTIFY that on this Jay, betore me, a.~ of(i~ rr duh• authorir~d in the State afor~said and in th~ County a(oresaid to takr acknowledpmrnts, p~rsonally apptared e~ vicKiti~ qN~ ~fl(~Ot,~ y~cKi ~R to m~• known to Fx th~ p~•rson5 descri~d in ~nd who e:ecuted the (orr¢oinq instrument and~ 1/ acknowledAed ~ In•forr nu• that ~~~f ex~cuted the same_ n , ~ ~~'i7 \ESS my h:~nd and ofticial xal in ~hr County and Stato last a(or~said this ~ju~ day o( i Vv°~ ~ V~-UJ ~ D. 19'~ 1 ` ' - - - - - - . ~ ~ . C~`."' 'r; t _ ^ .•u• • - -pr ~ ~ , ~ N~,~~. ~ . v,.k ~ . ~ d ~ , ~-C A y~~'• ai=_ .f: - ' ~ ~ . . " . ~ : c c~ v 0 r~. 3~': [p~, m:.s ~ E~p t.w~.h 197~ ~ n~~` ~f~.'' , ~ J ' ~ ~ ~ ; • ~ ~ - -t ' ? FIlEO A+~O tf~CWfOfi , C~, r ~ ~ . ~ ~ ' ~ ST. t1iClE ZOU~t1f f u ~ ''~•.j,,,,,,;~,~,.•~` R06ER POiTRAS - • - 6lEpk L1~oUi1 COIiRT ~ RECQRD YEP.~FIEO~.~.,~~~ ~ !lris I~uI ranu~r~ rr rr•d h: ~ R. SHERM~iNOE~9Q. ~ ~c it 3 Zz PM'73 ~ 82 Be~v~r Siyreet, New York, NY ~ 212-DI4-9360 R 2f 15'76 ~ SooK2~7 PACE~.856 ~ _ : . ~ _ _ x_._v~~~.~