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HomeMy WebLinkAbout0687 prior to entry of a judgment en[orcing this Mongage if: (a) Borrower pays l.e~de~ all sums which would be the~ due under this Morigage, the Note a~d notes securing Future Advances, if any. had no acceleration occurred; Ib) Borrowe~ cura all breacha of any other covenants or agreernents of Borrower contained io this Mongage; (c) Bonower pays all reasonable expensa inc,urred by I.enikr in entorcing the covenagts and agraments ot Borrower cootained in this Mongage and in entorci~g l.ender's remedies as provided i~ paragraph 18 Aereot, including. but oot limited to, reasonable attorney's fees; and (d) Borrower lakes such action as l.ender may reax~nably reyuire to assurt that the lien of this Mongage. Lender's interat in the Propeny and Borrower i obligation to pay the sums sccured by this Mortgage shall continue unimpaired. Upon such payment a~d cure by Bo~rower. this Mongage and the obligations secured hereby shal) remain in tull torce and eftect as it no acceleratio~ had occurred. ~ 20. Assi~nmeat ot Reata; Appointment of Recslrer. As additional security hereu~der, Borrower hereby assigns to [.cnder the rents of the Property. provided that Borrawer shall, priur to acceleration under paragraph 18 hereof or abando~- ment af the Property, have the right to collec~ and retain such rents as t6ey become due and payable. Upon acceleration under pa~ag~~ph 18 hereof or abandonmcnt of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon, take posxssion of and manage the Property and to collect the rents of the Property, including those past due. All ~ents collected by the receiver shall be applied first to payment of the costs of ' management of the Property and collection of rents, including, but not limited ta, receiver's fees, premiums on receiver's bonds and reuonable attorney's .fees, and then to the sums secured by this Mortgage. 'i7~e rcceiver shall be liable to account only for those rents actually received. _ 21. Fat~re Ad~aocea. Upon request by Borrower, l.ender, a~ I.ender's option within twenty years from the date of this Alortgage, may make Future Advances to Borrower. Such Future Advances, with intercst thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the pri~cipal amount of th~ indebted~ss secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage. exceed the original amounl of the Nate plus USS. 22. Rela~e. Upan payment of all sums socured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. kriorney's Fees. As used in this Mortgage and m the Note, "attorney's fces' shall include attorney's fees, if any, which may be awarckd by an appellate court. fIIED AMO RECORUEO ' ST. ~UCIE COUNTY F~A. ~N WITNESS WNEREOF, Borrowcr has cxccuted this Mortgagc. ROCEp POITRIS ~ "I~CUi~ CQ~+: ,f~e, Signed, sealed and delivered in ttx: presence of: ~a;a~~ - A`: ' 9 O 1~H ~1g ~...c~.~s~1 ~~,~..~Z . . . . . . . . . . . . . . . . . . ~..~4... ~ . . . . . . . . . (Seal) f tom A. Richard on -~soR~. W1t~ 4 _ - ~4:.~~./.-,~'; f:~ . . . . . . . . . . . . . ~ . . C...- . . . . . . . . . . . al) ~ Mildred B. Richardson STATE OF ~u6~(d~l . . . . . . . . . . . . . r~a Yo~uc. . . . . . . . . . . . . . . . . .~~ddv~ `~~La-x~--~ I hereby certify that on this day, before mc, an officer duly authoriud in the siate aforesaid and in the county aforesaid to take acknowteclgements. personally appeared. . .~~-~4i1. .R~G~s~d. SQm. ~ M1~-T'~il . . . . ..$~Ch~dSpA.,. Yil,~ W~~~ . to me known to bc the person(s) described in and who eaecuted the ; foregoing instrument and acknowledged before me that. .:th~y.. .caecutc;d the same for the purpose therein ~ expressed. ; W~rHess my hand and official scal in the county and statc aforesaid this. . . . . .25.~h . • - • - • • • • - .day of ` . . . . . . . J.tily . . . . . . . . . . . . . . . . . . . 19. .7.$ . i ~ My Commission cxp~res: ~ . ~ [s..n ~ niw ~ ~BLRT Y. ~ IyNJ~'., SLte d N. Y., YwM ~ ~ r1 ~/Sio~ fi~plrss Madi 30.1~~ . ~ a ~ ~ I, F. R033 ZORNOW, Clerk oi the County oi Monroe, of the ~ ~ STATE OF NEW YOBK 1~. ~unty Conrt of said County, aM oi the Su reme C,ourt, both being ~ COUNTY OF MONROE ~ oi Record, , vin~ s common , DO CEBT Y~ t1?~c s~ OFFICE OF THE COUNTY CLEBR . ~ before whom the a ne:ed Oaih~ A a~it, Acknowledgment purports ~ ' to have been made or taken, and rtified by him, waa at tfie t~me ~ ot the making or taking thereoi s NOTARY PUBLIC in and ior said - State. and waa duly su:horized to take t1~e same, snd was ~uthotised ~ - ' by the Isvro oi this State to take and certify the uknowledgment snd ' ~'r'_- , roof oi deeds to be recorded ia thia State: that I am aell acqnsinted_ ; ~ with his handwriting and ~erily believe hia signatnre thereW is T 4~ ~enuine sM that anch oificer is noi reqnired by, Lw to luve a'sesl ~ s*~"~' nor ~s he required to hsre s specimen impresswn thereot Sled or e i`` aeposited in th~s o~ce, or recorded. filed ar deposited in any otber + ' ~ ~ , ~ -'w ~ place. h~ ~ ~-r In Witneas W6ereot. I bave hejeunto set my lund and th~ , ~19- ~ officisl sesl of said Courts this°?~Y of~ ~l ,•'~-r ~ ' ~ ~ ~~yy t~'~~ ~ r~ ~ ' • A 3247 n R ~~r~ ~ 292 f~f ~7 fiDOK ~ ~ ~ --.r~•`~' ~w . ~ ~ ~ . ~ ~ s s ~ ,~~,x;-~ t ; r.~, ~ 4 ~ a `~~r '.r--~. ~ ~y~, "r~ ~'.:-,M - ~i _ _ . ~ _ ~ ~ ~ ;