HomeMy WebLinkAbout0970 prior to e~try of a judgment en[orcing this Mortgage if: (a) Bor~ower pays Lender ali sums which would be then due ur~der
this Mortgage~ the Note aed ~wta xcuriag Future Advances. if any, had no acceleration occurred; (b) Horrower cura
all breacha of any otber cove~sats or agreementa ot Borrower contained in this Mortgage; (c) Bornower pays all rcasonable
expenses iacurred by Leader in enforcing ~h~ ooveoagts and agraments of Borrower coMaine~ in this MoKgaae and i~
enforciag Lender's cemedia ss pmvided in paragraph 18 hereof, including, but not limited to. reasonable attomey's fas: and
(d) Borrower takes auch action as Lender may r+easonably require to- assure that the lien of this Mo~tgage. Lender's i~terest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall oontinue unimQai~+ed. Upon such
payment aod cure by Borrower. this Mongage a~d the obligations securod hereby shall remain in lull fora and elfect as if
0o accekration liad occurnd.
20. Asd~eN ot Reatr Appoiatmest of Receirer. As additiooal security herounder, Bocrower hereby assigra to
i:ende~ the rents of the Property. provided that Borrower shall, prior to acceleration under paraaraph 18 hereof or abar~doa-
ment of the Property. have the right to collcet and retain sucA rents as tbey bocome due and payabk. .
Upon acceleration under paragnph 18 hereof or abandonment of the PmpeRy. Lender shall be entitled to have a
receive~ appanted by a coutt to er?ter upon, take poasession of and manage the Property and to colkct the rents of the
Propeny, including thoae past due. All rcnts collxted by the receiver shall be appliod first to payment of the costs of
management of the Pmperty and collectio~ of rents, including, but not limited to. roceiver's fees. premiums on receiver
s
bonds a~d nasonabk attorney's fea, and then to the sums secured by this Mongage. 'il~e roceiver shall be liable to aceount
only for thaae rcnts actually received. ~
21. ~hre A~aeces. Upon request by Borrower, l.ender, at Lende~'s option within twe~ty years from the date of this
Mortgage, may make Futuro Advanca to Bornower. Such Future Advances, with interest thereon. shall be socured by this
Mongage when evidet~ced by promissory notes stating that said nota are socurod hereby. At no time shall the principal
amount of the indebtodness socurod by this Mongage, not including sums advanoed in aocordance herewith to ptrotect the
security of this Mortgage; exoced the original amou~t of the Note plus USS ' ' ' ' ' ' ' ' ' ' " ' ' '
2Z. Relea~e. UQcin paymeat of~ all swns sxured by this Mortgage, Lender shall relesse this Mortgage without chuge
to Bonower. Bormwer shall pay all costs of recordation. if any.
23. Attorsep's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attomey's foes. if any,
which may be awarded by an appellate court:
IN WITNESS WHEREOF, Bonower has executed this Mortgage. ~
Signed, sealed and delivered
in the prese~ce of: ' ~
,
~ ~ , , ~ ~ -~ftl~c..~. . -~~z~ . . . . . (Seal)
. . ,
~ . r •i 11 ian A~Ans~l
. . . ..........................................(Seal)
~o..o.~.
STATE OF ~~ffRII~l1~. . . . . . . . . . . N.EW. .YORK . . . . . . . . . . . . . . . . . .COUtI~~? SS: ~
I hereby certify that on tbis day, before me, an ofi'icer duly authorized in the state aforesaid and in the county
a[oresaid to take acknowledgements, pecsonally appeared. .L.i.l 1.i.a n. .A .Anse 1.,. . a. .s i ng ] e . . . . . . . . .
....wwnan to me known to be the person(s) described in and who eaecuted the
foregoing instrument and acknowledged before me that. She. .....eaecuted the same for the purpose therein
~ expressed. _
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~ Wrrt~tESS my•hand and official.seal in the county and state aforesaid this. ..l5.tb. .day of
!APr! 1.. 19..7.~.
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i+~:y Commission expttes: L.~~~~ Q~
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Qudii~ed o Erie CouNY -
N~ Co+n~rssion ExpKes March 30, 19: ~ .
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