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Home My WebLink About1274 \ ~ i ~ . ~ • , • . and. shall dulY. PmmPW? and fultp Pedorm. diachar8a. execute. ettec~ completq. eomFl7 wttb aad a~td~ b~r eatb and ever~r We st~pulatioaa. agrssments. canditions and covensab oi said promisaoq nott aad o! tWs mortgagq then this mortgsg~ and tl~ estats b~nby created shall ceaae aad be aull aau void. ~ . it is underatood tt~at each at th~ word~„ "note." "mortgago~" and "mortgaae~~ rnpectirelj aad th~ pron- ouns referring theretq wbether in tl~e daaular or pluni aaywhen in thls mortga84 at~all M siagWar it on~s ae~ and aha11 be plural jointly ~ud s~vetWy. !t tnoro than ons. and shall be masculinq. fctdniae a~d/ot ~ter. ~vhtE- . evu the context so implla or admits. Aad sa[d Mart~agor ior bimsdt and bis heirs. Icgal representstives, suoces~ors and assiga~y, henby oo~ea• anb aaa agreq to aad wfth utd MoKgagee. his legal representative~r. suooessOrs aad a~igos: L To pay all and singular tl~e princtpal and interest and ths vartous and susWrt s~ms ot mous~ payabie b~ virtue ot aaid prorNssory not0. ~~~rt8s80. every~ pmmptty oa ths da~s re~p~cti~y the sa~ sewrall~r beiwms dw. S. To psy aII snd sia~ular the t~uces. as~css~?enta. leWes. UabiUtia, obilgattaess aud incvmbrauc~as o! ever~ nature and kind now on said dexdbed property. and/or thst hereaiter may be impoeed. suitered, Plaeed. lerfed or ass~sed thereupon. aad/or tl~st hereafter may be lewed or asseaaed npoa t1~Ls mortgag~e and/or ths indebte~ ness secured hereby. esch and every~ vrhen due and payable accord[ng to law, before they Dacame deltnqwen~ and betore euny interest attachd or any penalty i~ incurred: and In ao far as aay thenot is o! reo~rd the ~ ahali be pmmptly astlstied and dl~chsrged o! record and the originai oftidal docnment (such asr tor instance. the tsx nceipt or the astistacti~ paper oftictally endoraed or certitied) aha11 ba plseed in th~ banda of sald btortgagee withln ten days npct sttter payment: aad in the eveat that any tl~ereof 1s not ao paid. satlstied and ' dischargad. said Hortgagee may at any tims pay the aame or anq part thereot aritbout wairing or attecting ~ any opG~n. lien. equity or tight under or by virtue of this mortgage. and t![e lrill amouat ot each and every E auch psyment ahaU be lmmediately due and payable and shalt bear interest Irom the date thereot until patd ~ at the rate ot ten per centwn per annum and together wilh such intee~si shall be ser.ured by Wa tten of thjs ; mortgage. ~ 3.. To plaoe aad conttnuously keep on the buildinRa now or herenlter altvate on aaid tand tire aad wfndstorm ~ insurance fn the usual standard policy torm. in a aum not les9 than in such oom- ~ ~ pany or comp^nies as may be approved by aaid llIortgagce; and att such insurance polic[q on aqy oL said butld- ings. aay intereat thrreln os part thereof. in the s~gregate aum afore9aid or ia exceas thereot. shall contsin the ~ wual stanclard mortgagee clatue making the laas under aaid pollcies. each aAd everp. payable to said l~tortga- gee as his Intereai may appear, and each and every such pc~licy shall be promptly del[vered to and hetd by said 111ortgagee; and, not les~ than ten daya in ad~ance o! the expiration ot eac!? poUcy. to dellver to anid biortgagee a renewal thertot, together v~~ith a receipt for the prpmium of +i~~h renewwl• and t1?ere ahalt be ao such iasuc- ance placed on a~y o[ sald buiidin~, any interest therein or part theroof. unleas in the fotm and with Ne los~ puvabie as atoresaid; xnd in the e~ent any sum o[ money becomq payable under auch pollcy or polictes said ~iortKagee shall have the opiion to receive aad apply the same on account ot the indeMednes.+ secnred Lereby or ~ to pernnit said Mortgagor to receive and uQe it or any pArt theceot for other putpa9e~ without thereby waiving ~ or lmpair[ng any equity, lien or right under or by virtue o[ this mortgage; and in the e~ent satd Mortga,~r shall ~ for any reaso~ tafl to keep the said premises so insured, or fail !o deliver promptly any ot sald policip of ' lnsurance to said riortg:?Ree, or taii promptly to pay fally any premi~un therrfor. or tn any-re~pect talt to per- form, dischar~e. eaecute. ettect, complete, comply ~tiith aad abide by thi~ oovenan~ or sny part hereo~ said Mortg- ~ ; sgee may place and pay for such in~urance ar any pari thereo[ without waiving or a[[ecting any option, lien, k equity or right under or by virtue o[ thi, mort~age, a~.l ihe full amount ot each and every such payment ~haD • ~ be immediately due and payable and shsll bear interest from the date thereo! untll paid et the rate of ten per centum per annum and together with such fnterest shall be aecured by the Iien ot thls mortgage. ~ ~ 4. To permlt. coz:r.ttt or ~~fter no wa~te, Impairment or deterloratton o! aald pmpertr or any part thereo~ ~ 6. To pay all sad singutar t}:e costs, charge~ and e:cpenyey, inctuding srasonaWa ls?wStrs fees and cavt o! x abatracts at tiUr, tncarrr~i or patd at any iir.te by asld :?tor:gagee because artd/or ~a the etent of t2~ tallwe ~ os. ~.he part ~t thr said tiTor:gagor to duly. promptly and tulty peKorm. dl~charge. execute. etlect~ com, lete, ~ co:np.s ~ti~th xnd ab:~e Dy !sr.h xnd every the stipulation~, agreementr, eonditlotra and wvrnanL~ ot said pcomLs- ~ e~ry noLs. and L`~:~ mo~tfCB~e, any or either. and satd coat~, charqesi and expenae~„ each and e•:ery, ahall be Im• ~ me•;ia:ely d~~e ar.3 payable, whether or not there be notice. demnnd. attempt to collect or sutt pending: and the ~ r~11 amount of each and every auch payment shall bear interest trom the dats theceot untU pafd at the rnte ot ~ ten per c•:::c:*i ;~r er.num• and all ~ald co~ta, char~e~ and expea~ea so lacun~ed or pald, togethcr evlth auch fn- ~ tcreat, ~hal1 L~ arrsred Dy the lien of thts morigage. ~ Boox 245 P~1271 _ . ~ , . : N,Y.~~. a:.~~ - '~-r" ~r~..~ ~.~rya ~ e~. , r