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nnd shall pe~jarm. ~•umply u~ill~ and a6icle 6y each and every fl~e agreeme~ts, slipulalioru, condttlo~r and
conenants t{~ereo(, and u+ this mort~ac~e. Il~en Il~is mortgage and the PJIQIR h..e6y createcl, sl~all cewa, de-
fermine ant, ~ nu~~ a?u~ voi~~.
Tln1l f{~P mortga~or ~~ernhy ~url~er covenants anc~ agrees to pay prompf~y when due ttie p~ncipa~ and
inter~sl anc~ of~~er sums u~ money pmrirlecl jor in sai~ note and f~ta morfgape, or eif~er; fo pay o~~ an+~
singular tl~e 1a.res. ass~ssm~nls, IPUies. lia6iliti~s, o6li~afions, and e~cum6rances oJ every ~ature on said pro=
perfy: fo ~rmil. commif or sei~~er no waslp, impairmenl or c~eferiomflon oj said land or f~e lmprouemenls
Il~ern~n al any ~N/A to ~r~ep Il~e Rui~dinns noie or he~~aft~r on saic/ ~an~ ~ully insurecl in a sum of not ~ess •
Ihan
!n a eor!afr;:::Y o: c•nRt~^::a:~s us-r•e~l~~,~r !o l~ee sncrlga~~ec~. !~s iso~scy ~r ro~Ieiea to ~~eP~~ ~y. ~:t:~ ~ra~c~~s ~
fo, saic~ morl~a~~e~, an~ in IhP ~~~~nf any sum of money ~ecomes paya6le by nirlue o~ such insurance fhe
morlgagee Shatl ha~~e 1he riqtit to fPfP11~P a?id apply Ihe same !o the I~de6ledneu here6y secured, accounting
fo fhp morfga~lor ~or any surplus; to pay a~~ cosfs, chatpes, and expenses. Inc~udtng ~awyer~s Jees and fif~e
searr{~es, reasonah~y incurre~ o~ na~d by thp morfgagee ~ecause o~ f~e (ai~ure o~ Itie mortgagor to prompf~y
antl (ully c~omply wil~ f~~e agre~ments, slipu~ations, concrifions and coi~ennnis o~ said note an~ t~it morfgage.
or eit/~er; to per(orm, corhply u~itli ancl abide 6y eac{~ ancr e~~ery fhe agreements. stipu~ations, condilions and
cot~enanfs set ~orth in said note and fhis mortgage or either. /n Il~e event the morfgagor futU to pay w1~en
due any fa.r, assessm~nl, insurance premium or other sum o( money paya6le by virtue oJ saicl note ond this
mo?fgage, or PIIIIPr, IIIP morl~a,qPe M~y ~,y ihe same, u~iitiouf waivinp or aJlecling (he option to lorec~ose
or any olF~er ric~{~t IIPIPIIIId~r, and ull s~uh paymenfs sl~ull bear interest ~rom date Ihereof at 11~e htghest law- „
~u~ rofe I~i~n a~~o~re~~ ~~y f~~~ ~airs o~ t~i~ Sfafe o~ j=~orit~a. ~
any sum oJ moni•y ~~~rein re~(~rrnc~ to hp not prompl~y paic~ wifhin t h i r t y ~Qy~ nexf n~ter
i{~e sam~ ~u~•om~c ~lu~, or i/ eacf~ an~ every Ihe a~~rpemvnts, stipulations. conc~ifions anc~ ~ovenants o( saic~
note and fhis morlyay~, or ~i11~~r, are not /ully per/ormed, complied with and a6tded 6y, Ihen !he ei?tire ~
sum mention~d in s~itl nole, and this morfgagP, or the entire 6nlance unpaid Ihereon, al~nll ~oNhwitF~ or
iherea(ter, at oplion oj I?~e mo~f~a~t~~. become and bp due and F?ayable: anqthing in said note or herein
to fke contrary nofu~ilhstandiny. F=ailur~ 1?y fhe mortgagee to exercise any of the riflhls or options {~erein ~
provi~~i~~ c(~~~~ nof conslifute a u~nioPr o( any ric~hls or opfions unc~~r saic~ nolP or ltiis mortgage accruet~ or
ll~ereaJt~r accruinQ_ ~
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~n ~itness ~hereof~ ~~IP Spl(~ morf,ryagor ~I(IS I~prnunfo 51(~tIPCI antJ seal~tl nt ~IIP
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c~ay an~l p~ar ~irsl a~~orr u•ritlen. '
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State of NEW YORK Co~inty of NASSAU ss.: ~
~
On the 11 th day of MAY . , 19 79 . before me personally came ~
i SIGMUND WEISS ~
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E to m~ known, who, being 6y me duly sworn, did depose and say, that he resides at No. 2535 ~
~ ~ ALVIN COURT, BELLMORE, NEW YORK 11710
fh3t he is the SECRETARY/TREASURER of the
; SYLBET INVESTORS, INC.
; _ ~
f the corporation described in and which executed the within instrument; ihat he knows the seal of said
; corporation; that the seal af~rxed to said instiumenr is such corporate sea1; that it was so affized by order
o/ the board of directors of said corporation. and that he signed h name ihereto by like order.
~.5~ ( ~ ~ E~FRI~nE J. FcOIAND s
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3 ~ inst?umeM wae prepared by 5'. tC'- :=~.;V1Y.fi~.
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` HOAlE Tlit[ thSU~„r;CE ~u~ rJP.niION i. 9` ;
; %liis Ins~ni~iu•~N prfprin~l hy: ~o~ n,.i~~::,~-, a.c:..,e
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