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HomeMy WebLinkAbout0812 0 ~ ~J ~ p~or ~ ~otry of s prd,paeat eofoccia~ tl~is Morip~e it: (a) Borra~er p4ys I~eoder all wtn ~rhich wouW bs t6eo due uodw chis Mort~a'e„ tbe tda~e and no~a .ea~rin~ Fu~au~e Advanoa. it ~ay. Iw~l ao aooderaacion oocumed: 1b) Horm~w~e~ aua 1 a!! brcac6a ot aor atba ooveaants or spee~alt ot 8omuwa ooatained in this Mortp~e: (c) Borr~o~rer P~ys aq ra~onabk ~ acpea~a incumed by l.aoder in ooEorao~ tlrc oov~a~s ud aQean~ ot Ho~i+ow~er ooa~ined in this Mortpae and in y eofacina Leoder'a ~+aeedia as pro~vided ia para~raph 18 hereof. includina. but not limited to. reasonable attorney's tea: a~d ? (d) Hat~aver takss wch aetioa as i~+der may reasonably requirc to acsure that the lien of this Mortgage. i.ender's iateoat ! in the Property and Bormwer's obligation to pay the sums securod by this Mohaage shall continue uaimpaired. Upon such ~ payment and cure by Bomower. this Mart~age and the obligations secund hereby ahall rcmsin in full [orce and eflect at i[ ~ no accekration had occurrcd. ? 20. Aad~~~aeat ut Real~ Appoi~ta~t ot Recei~er. As additional securily hereunder. Borrower hereby assig~s to ~ I.ender the re~ts of the Property. provided that Bornower shall, prior to acceleration unde~ parsaraph 18 hereof or abandon- ~ ment of the Property. have the right to cotkct and rctain such rcna as t6ey become due and payabk. Upon accekration under paragraph 18 hereof or abandonment of the Pmperty, Lender shall be entitled to have a i receive~ appointed by a court to enter upon, take posscssion af and manage the Pmperty and to rnllect the rcnts of the ~ Propeny, including thoae put due. All rcnts collcetod b} the receiver shall be apptiod Srst to payment of the costs ot ; management of the Propeny and collection of rents, 'including, but not limited to, receiver s fus. premiums o~ n~ceiver's ~ bonds and ressonabk attorney's fea; and then to the sums securcd by this Mortgage. 'Il~e receiver shall be liable to account ~ only for those rents actually received. ~ ~ 21. F~re Aa~aeces. Upon request by Borrower, l~ndcr. at Lender's option within twenty years from the date of this ~ Mortgage, may make Future Advanoes to Bornower. Such Future Advances, with interest thereon, shall be securcd by this Mortgage whe~ evideaced by promissory notes stating that said notes arc secured hercby. At no time shall the principa! amount o[ the indebtedness secured by this Mortgage, nw including sums advanced in accordanoe herewith to protect the security of this Mortgage. exceod the original amouot of the Note pl~u USS.'~'-'--~'--•~--~----~ 22. Rek~asc. Upvn payment of all sums securcd by this Mongage. Lender shall release this Moctgage without chuge to Borrowtr. Bormwer shall pay all coats of recordation. if any. 23. Attoreep~ Rees. As used in this Mortgage and in the Note. "attomey's fees" shall include attorney's ftac. if any, which may be awuded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in tt~e presence of: . . . . . , ./,~4~!~iu~/. . C~~~¢-G~-s~-~~~: . . . . . . . . ~ . ~ t,~fri~~'. d.t . . . . . . . . . . . . . . . (Seal) ~ anci s J. oi, Jr . -eo~*wr.. i~-~' . ~ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ileen S . Aloi -a«~... STATE OF Y~- . N~I .YORK . . . . . . . . . . . . . . . . . . . . . . . . . . . .COlliltj? 55: t I hereby certify that-on this day. before me, an officer duly authorized in the state aforesaid and in ~ county ; aforecaid to take acknowledgements, personally appeared. .~'?'~~is J. Aloi, .Jr: , and .Eileen ~ ~ . A~.R~~ .~S. ?~?i~~ . . . . . . . . . . . to me known 1o be the pe~son(s) described in aad who executed the ~ ~ foregoing instrument and acknowledged before me thar. .,they ,_,,,,executed t6e same for the purpose therein ~ ~ expressed. ~ ~ WtrrtESS my hand and official seal in the unty and state aforesaid this a~ . . . . . . . . . . . . . .day of } ~ , Februa?Y . 19. ~ i ~ My Commission expues: . ~ ctc: u~ F.±. r-~~::~~~~c~t..... . . ~ ~~q hotary FttD'ic~ Stal:: oi New YQAt Notary Public C ~ ~;'r:^'-J•-; No.s6:;5i40 C3~~mungC0. ~ ~ ~ • . : ~ Co,r,mtssia: Er.~~res iviarch 30; 19,~,~, C ~ , s~?a ~ l ~ . '`ui~ - .'•r- - i L. : L^, . f~'~~~~ . ! ~ F•n ~ ~ k ~ ~ L~# s ~ f ~T ` ~ ~ ~.+fi . ~ ~,'~y~~ r~v ~ s ~ --,s-• ' (Sp~te BNow TAis LiM Rp~~vW For lsndlr ~nd R~oorOeq ~ ".•rw, {y . . . P ~ S~~4tMA~oG~~~T~ ill~~ RtJgER P81iRA5 ~ r~ crt ~•',r,'tllT Ci~r~ 5 ?,FJ ~ ~ PH ~~Q ~ ~ ~Ay 9 2i~ ~ ~ ~ 39fi283 ~ - ~ ` ~ ~ ~ ~ ~ b00K~~~ PAGE O~~ ~ ~ - ~ ~ ~ ~