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prior to e~try of a judgment entorcing this Mortgag~ if: (a) Borrower pa~n Lender all auim which weuW be tlKn due~uode~ ~
this Mortgsge, the Note and nota securina Future Advances. it any. had ao aoaleralion occuncd: (b) Borrowe~ cures
all breacl~es of any other coveaants or aaroements of Borrowe~ containcd ia this Mon~age; (c) Borrower pays atl reasonable
expenses incurred by Ltader i~ eaforcing the covenagta and a~reements o[ Borro~ve~ containod in tha Mortgs~e and in •
enforciag Lendcr's remedia ss pmvided in paragraph 18 hercof. includina, but not limitod to, rcasonabk attomey's fea: and i
(d) Borrowe~ takes such actipn as Lender may reasonably rcquiri to assure that the liea of this Mort~aae. I.eader's iatercst ~
in the Property and Borrower's obligation to p~y the sums securcd by this Mortgaa~ee shall oontinue uaimpaired. Upo~ such
paymeM an~ cure by Borrower, this Mortgage a~d the obligations securod hereby shall remsin in full fora aad eHect as if ;
no accekration had occutnd.
2~. A~ueN ot Re~ AppoiM~t of Receiver. As additional security hercunder. Borrovrer hereby assigns to
Lender t6e rents of the Property, provided that Bomower shall, prior to sccekration under puaaraph 18 heroof or abandon-
ment of the Pmporty, have the right to colkct and retain such reats as t6ey become due and payable- 3
Upon accekration under paragraph 18 hercof or abandonme~t of the Property. Lender shap be e.atitled to have :
receiver appointed by a court to enter upon. take possession of and rt?anage the Property and to rnlket the rents of the =
Property, including those put due. All rents rnllected by the roaiver shall be appliod first to payment of the costs of ~
management of tl~e Property and collection of renu, inctuding, but ~ot limited to. receiver's fas. premiums on receiver
s ~
boads and reasonabk attorney's fees, and then to the sums secured by this Moctgaae. The receiver shall be liable to aocount ~
only for thoae rentt aMually reoeivod. ;
21. F~ce Adra~ces. Upcm request by Borrower, Lender. at [.ende~'s option within twe~ty years from the date of this t
Mortgage, may make Future Advancas to Bornower. Such Future Advanas. with interest theroon. shall be secured by this ;
Mortgage whe~ evidenoed by promissory nota stating that said notes are secured hereby. At no time shall the principal t
amount of the indebtednas socured by this Mortgage. not including sums advanced in aocordaaoe herewith to protect the ;
security of this Mortgage, eacceed the original amount of the Note plus USS•
22. Rdeara Upan paymeat of all sums sxurod by this MoRgage, Leader shall rcless~ Wis Mortgage without chuge
to Borrower. Borrower shall p~y all costt of recordatan. if any.
23. Altoroep's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's fces, if a[?y,
which may be awuded by an appellate court. .
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IN WITNESS WHEREOF, Borrower has executed this Mortgage. ~
Signed. sealed and ddivered
in the presence of: i
~
. \ ...........(Seal) i
_ Charles Beagan• • ~01°""
. . . . . ~(~:~..C.v~+t' ,/.L~f;c. . . . . . . . . . . . . ! . . .U . . . . . . . . . . . . . . . . . . . . (Seal) ~ ~
~ -So.rower
Vir inia Beagan
STATE OF ~L~, . . . . . . . . . NEX .1LORK. . . . `%~G1~6/ /K~1~lE~ SS: ' t
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I hereby certify that on this day, before me, an officer duly authorized in the state afore,said and in the county ~
, aforesaid to take acknowledgements, personally appeared. Char.l.es .6ea9an .aod. Y.~.r.g i~ i a. ~~agao.. #
. . . . hi.s .wi fe . . . . . . . . . . . . . . . . to me known to be tbe pecson(s) described in and who executod thc t
foregoing instrument and acknowledged before me that the~. ......eaecuted the same for the pnrpose the~ae~qk,~,~ ;
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~ expressed. r., f/~ :
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~,,W~TrtESS my hand and official seal in the count and state aforesaid this... ....Ztb.... ~ ~s
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~ ~ ~`.i ~,i~ ' . MATfi~EW R BRACK '~1.,,.~ , ;
0,4:iP:.;::: i-~; 'ctaryPt~C 91ds ~ Nsw York
~ "'~if `l ~ ~ ~a 3Q-OC~1'S I~IoMOU Cou+tY
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~ FILED ANC` k! L~H+UtG
$t.LUC1E COl3'~ITY.fIA. -
% ROGER POt i Rj.S ;
~ CLERK C!RCl'IT COU ~ ;
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~ R:.CCR~J ~Ef.tF`E~_ _
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~ 446'7'74
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~ A o R 310 f 200 i
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