HomeMy WebLinkAbout0868 ~ . - - '
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7Uat ta tM ~wnt ot ~ny pr~aN ot thu mo~ap or d~tault on th~ pnrt ot tM ~tort~a~or. or 1s
tM sv~at rny ot ~a14 sums ot eno~»y h~rs~n ~ettrrsd W b~ tat promptly uM tully pard w~t1~i~ ten day~ ptst
~ttt~ th~ samt ~tvtraUy bscom~ du~ and p~yaDle, w~thout dernand o~ rtut~ce, oe ~c! so ths ~vtnt eacA an0 ~v~ry
th~ ~t~pulstioiu. t~»smeots, cond~t~ona ~nd rovenanta ot s.ud Prom~a~~ y note and thu murtrase. say or ~ItAer.
~n not duly. protnptly and Iullr peKo~m~d. d~acl?ac~ed. ~xecuted. ~tt~cte.1. compteted, complied anW and iNd~O
by. tMA. la atM~ or ~ny sucA ~vu~~ th~ s~id aS~nRate sum'm~nt~oned in w~d promiasory note then ttima~nU~
uupa~d. wltb int~ecest accrue~l, and W mon~ys secured R.reby, ahall b~come dw and papabl~ tortAwitA, or tbtr~•
~tt~r. at th~ option ot uid Mort~~gee. a~ tully and tomplately as fl sIl ot the sud sums o! mo~ey w~n oHSuia1~
stapul~ted to b~ paf3 on ~uch day. anythln~ in u~d promluory note, ~nd • or In thia mortgare W t!N contrar~r ~ot•
withstandi~; and tMr~upon or thenatter at the opt~~ ot sa~d tdoet~a~ct. ~ritf?out notan ~ de~naeW. ault at
1aw or ia pWq?, tMntotonr or tAehatt~r pe~un. aaay 0~ prosecutM u it all moneya kcured MrtbY l~ad raatt~ert
peior to ita ieuUtuqoa
T. That tn tM ewot ttut ~t tM ~lnnirK ot o~ at a~r tUn~ pandi~ any sWt upon tAL epor~.~e, or to
lorecloN i~ oe W rKorn? it. aadior to ee~tortis payment o~ any da~ma nee+eue~d~e. ~sid I~to~t~~ ~hW ap~
to tf?e conrt bavi~ yurisdyctloa th~reof tor the appomtment ot a Receiver, such eourt ahW toitl~wltL appolut
• Reoslve~ ot utd wort`aged property all u?d au~`ulas. inciuding alt and ~in~ulu the rent~, Incc~ Protit~
fa~ues and revt~uq trom w1u?tever wurce derived. ea.•h snd every of whfch. it Oe1r~ exprea~ty w~deeatood~ ts ~
hener tnort~agM as it specltic~lly set iorth und deur~Led in the ~r..nt~ns and hapeadwn clsu~ Mreot~ aM
wch A~ceJver abW baw W th~ broad aed ettective tunct~nn~ and ~w~ven in anyvrla~ N?tnsstsd by a tourt
to ~_R~eetvtr, at?d rucl~ ~p~+ointment sAali be made Dy iucb cvurt a~ an ~dmitted equtty aAd • matt~s ot ~a
~olul~ rt~ht W uW Idortja~e+, and without nterence to th~ sdequscy or 1r?sdepuac~ ot ttu va1W ot th~ pn~p-
~tt~r mort~a~ed or to ~tis wlveacr or iesolwncy ot ~aid MortAaRor and~or ot the- d~ttndanU„ ana Uut wch
reat~. pwlftR Incorne, ipuea and re~•eeues sh~t! De appiied by auch Rectlver ~ccordlns to t!~ 1l~n aa0/Oe puft~
ot w!d ~[ort~ase~ aod tM prutloe ot such eo~ `
8. It is understood and a~reed ih:t this m age is R~ven to secute, in addition te the note or obli~alion
above described any additionaf Ioar~s ~r future nces made within twenty yean from date hereaf by the
mortp,agee to sa~d mort~a`ocs or any succe~sor i le ot said mortgs~ors ot tbe properly hereby conveyed•
pmvided thrt the total unpa~d balance of the inde ness secured hereby at any one time 'shall not exccerl
the aximum princspal amount oi F~ V@ Lh0USd11 hundr~d two
(f ~~202.~U plus interest thereon and disbussementa made by the mortgagee for-the {~ay•
mrnt ot taxes, ltvir.~ or insurance on the pmperty enc red henby, with interest on such disbursemtnts.
~ II~ WY'T'N1C38 WHaR~O!'. tM aald ~torts~or Ma ~x~p~ tbla mortsap wider s~a! on tM Jay and yas
btrtln lirst aDa~t wtltt~ r0
z $I~ned. ~leA aAd d~Ureced tn tM prea~nce ot:
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. saon,,,,~ ~o~nr „p~ar.a,,.~~~E,,.~~~~py,d~,.~q~l,,.1~r~Cx.,E.._,~n~der of 45 Fro,~Pond
~~`'~t n_gton Stati on ~ New_York 11746 . w__..__._ i
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to -ui~ Nrdt• iAd known to me to he ~he individuai 3 dercribM in and who ~:ecuted tM fore~olns tnatrw
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ee?~nt, pd :~,cl,~_oyr~d bttorc m~ th~t . A,a...IE:ecuted t2u same Lor t2u purpo~es th~reu? isprr~d. /
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~ resp~etlwiy ot tM oorporattoa ,
~ t~ai~d !a tb~ tore~oins isutn~m~n~ and 1a~o~ to me to b~ t~ ~trot~ w1w Y wloh otso~e~1 0[ w3~ eaepontlao. _ i
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; Uutrument V the hae act and M~d ot p!d oo*Pondon br tMm rap~ctinl~ a[~entd v s~ otse~rs !ot tM ;
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