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HomeMy WebLinkAbout0435 6. "1'hat (a) in thc e~•ent ot any breach o[ this mortgage or de[ault on the part n( tl~c ~itort~:+gor. ~r (b) in thc eecnt any ot said sums ot money herein reterred to tx not p~omptly and fully p~id Nithin tcn da~~s next a(tc~ the same se~•e~ally bc- mme due and ~ayablt, without demand or nocice, or (c) in the event each and e~•ery the ~tipulatioi~s: agreemeuix, conctitious and mve~ants ot said promissoty note and this mo~tgage, any or either, are not duly, promptlp and tully pertotmcd. d~s- charged. executed, et[ected, completed, complieci with a~d abidecl by, ihen, in either nr any such event, the said ap~regate sum mtntionecl in said promissorp note then rem~iniuq unpaid, wiih interest accrucd, aud all inoueys secu~eci hereby, ~t~all bccome due and payable [urthwith, or cherea[ter, at the optio~~ ef said Atort~aRee. as full and tompletely as i( all ot the said sums of mone~ ~rere originaUy atipulatcd to be paid on such day. anything in said promissory nate, and/or in this mort- RaRe tn the contrary notwithswndiog: and ehereupon or thertafter at the option oi said \IortRagee. Nithout notice or de- mand, suit at law or in equity, thereto[ore, or thereafter begun, may be pro~ecuted as i( all moueys sccured hereby had matured prior to its institution. That in thc e~ent that at the beginning o[ or at any timc pcnding an}• xuit upon this mo~t~afie, or to forcclose it. or to reform i~ and/or to eniorte payment of any daims hereunder, said \tortRaRee shall apply ~e the court ha~~inR juriuliction thereo( for the appointment o[ a Re~ei~•er, such.court shaU torthwith appoint a Recei~•er o( said mortRa~ed property aU and sinRvla~, indudinR all and sinRular the rents, income. protits, issuec anct revenues [rom whate~•er source deri~•ecl, each and e~•ery ot ~+hith. it IxinR expre~clv understocxl, is hereby mortRageci as i( spetitically set (~r~h a~id deuril~ed in the RrantinR and habendum dauses herrnf. •rnd such Recei~er shall ha~•e all the broad and eftectice functionc aud poMen in ao)~vice ( entrusted by a court to a Recei~er, and such appointment shall be made by wch court as an admitteci ec~uity and a maeter ot absolute right to said \lortj{agee, and without refere~ce to the adequacy or inadequacy oI the aalue o[ the property mort- RaRed or to the soh•ency or insnlvency o[ said ~(ortRaRor and/or oE the defenda~~ts. aiid that .uch re~~t•. profits. iucome, i-- sues and revenua shall be appliecl hy such Receiver accordinq to the lien and/or equity o( s~id 11lortgagee ancl the practice of such court. X - - - - . ~l[4mC7~0[ x' 1N ~~'ITNESS ~VHEREOF. the uid Mortgagor hu executed this mortgage under seal on ehe day and year herein tint abo~•e written. Signed. sealed and deli~ered in the presence ot: ~ GEORGE LITTLE GgMFNT~ INC. - - . .E{}-A.lf~;ilEi~t~~-f ~ . ~ _ - - - - - / / 1~'t"' --S 4~CIEq 40~titAS R1 By ~ _ pOGf• Cu~j C~~ Its: President : . - - - - - - - -----~CE~~'~~3 ~E~AR~ YER~ ~ ~f~ _ L,, ~ 1 Attest: • ~ 10 0~ . . " - ~~y a . : ~ . • 2 . • 0 ~Y ` . E OF - - ) S. Secretary ~ - _ ~ ~ ' • ~ f COUN - - - - - - - ) (GQRQ ^ ~ .4~,:;s ~ . ~ ' ~ ~ , -i s ~ Be[ore me per pp~ - - - - - - _ . , ~ . .x~1.L. - ~K : a arrd .Y ~j r ` Y ~ ~ ! - - _ - - - ';'Y"': ~ . - : ~j~' • - - E ~ to me well know and known to me to e individual desvibed in and who executecf the (oregoing'~r~ctaipg;;a.a ~~t~ ~ acknowleciged befom me that he . extcue same for the purposes therein expressd. j+~ V 0~~:' WITNF.SS my hand and oiticial seal chis - da of . _ 19 - y - - - - - • - - - I~o ublic in and tor the Coun State Aforesaid. ~[v commission S"I'ATE OF - - - NEW_-YORK---- - NEW YORK ~ COUNTY OF - - Betore me penonallr appeared ___Wi1118m__E_.__ L~ttle ~ ~arman--------------------- . to mc well known and and RObe~~--I-~----- ~ President and - - Secre~ary known to mt to be the - - - respecti~ely o[ _____.._George._Little_Management 1___Inc.._.______ _ _ _ , the corporation ~ ' the [ore in instrument, and known to me to be the penons who as such officers of said corlx?ration, executeci namcd ~n go g William E. Little ~ the same: and then and there the said - and the said r,, ~ T Rnhert' T (_atmari______ did acknowledge before me that said ~ instrument is the free act and deed of said cotporacion by them respecti~•ely executed as such ot[icer, [or the pur~+es t~ere- '~t ~ in expiess~;'tha~E che seal thereunto attached is the corporate seal by them in like capacity affixed: all under auth~uity in ~ them diily v~'SfiJ che Board of Directon of said rnrporation. , 19 7 ~ ~~~~~~t~~~u~ r ~~1---_.. day ot - -MS~ . 4 ~ `l~ ~1~!'~j'~'my hand and official seal this _ . : f~ J ~ ~ ;~~~~.~;~..r.•q~:{~./~ti~ t,~ _tl ~'•Z. l~.. . . . ~.~..C~, ~ - - - . . / ~ 3 ~ ~ ~ 4~~~k/~ Notary Pu ic in and for 1.'~ y, ~ s the County and Scatc Aforesaid. _ ~ , ~ • : C~ ; t ~ , _ 1?ty commission expires: ' _ : ~ y+ ~ = ~ ~ ~ ~ ~ ; LAURA E. KROS3 Notary Pus1'.s. S.~tp ~t 1~ew York . ~ ~ . - , , , q~~.~,~a; = eR tt~. st•~~~2?eo ' r.~.~•_ „~~2 pf~~ ~ ~ Quat~f;eJ io 1Jeti? York Cauntr ~ • j• . Com~ais;.i„n E:.pirzs h!are;i 30, 1978 a .t _ - - ~.,.~~~£n ~ - ' ~ ~ I ~ , ~ s ~ ~ _ ~ :