Loading...
HomeMy WebLinkAbout1431 - j t~-•. ~ prior to entry of s judgment enforcing the Mortgage if: (a) Borrower pays Lender all gums which would be then due under this Mortgage, the Note gad notes securing Future Advance:, if any. had no acceleration occurred; (b) Borrower cure: all breaches of any other ooveuaub or agreemenb o~Borrower contained in this Mortgage: (c) Borrower pays all ns:onabk \ atpenses incurred by Leader is enforcing the oovenagta and agreements of BorTOwer contained in this Mortgage and is enforcing Lender's remedies as provided in paragraph 18 hereof, including. but not limited.to. resaoaabk attorneys foes; gad (d) Borrower take such action as Lender may reasonably require to assure tb:t the lien of this ~o~+ge• Lender's interest in the property gad Bormwer~ obligation to pay the sums secured by thh Mortgage shall continue unimpaired. Upon wch paymatt gad can by Borrower, this Mortgage and the obligations secured hereby shall remain is full for~oe gad effect as if - no accekration had oa•ttrrod. - Z~. AaslgonseN of RsMst Appo4rtrnea~t of Reedver. As additional security hereunder. Borrower hereby assigns to Lendex the t+enb of the Property, provided that Borrower shall. prior to accekration under paragraph 18 hereof a abandon- went of the Property. have the right to collkct and retain such rents as they become due gad psyabb. Upon acederatioa under paragraph 18 hereof or abandonment -of the Property, Deader ahaA be eatitkd to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the reab of the .Property, including thane pau due. All coats collected by the receiver shall ire applied first to payment of the costs of management of the Property sod collection of rents, including, but not limited to. r+eceiver's fees,. premiums on receiver's hoods and reasonable attorney's fees. and then to the sums securod by this Mortgage. 'llte receiver shall be liable to account only for those nqb actually received. - - 21. I+atnre Aivaseeis. Upon request by Borrower. Lender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borroww. Such Future Advances. with interest thereon, shall be second by thin Mortgage whoa evidenced by promissory notes stating that said notes are secured hereby. At rro time shall the principal -amount of the indebtedness secured by this Mortgage, not including sums advanced in aeoordaaoe herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS. - - Z2. Rsksaa Upcto payment of all sums secured by thle Mortgage, Lender shall r+elplse this~Matgage without ehstge. to Borrower. Borrower shall pay all coats of recordation. if any. 23. Attorsey's Fees. As used in this Mortgage and in the Note. "attorney's foes" shall include attorney's fees, if any, which may be awarded by as appellate court. - _ TN WrnrFSS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered - in the presence of: - Francis V. Giolma -ea+o..._ _ ~e . J~•e . (Seal) Catherine P. ~Giolma - -aorrow« STATE OF FAA . NFX .YORK...... ~ROOYY~ E ..P.6rfdt~i as: - I hereby certify that~rr this day, before me, an af6cer duly authorized in the state-aforesaid gad in the eouaty aforesaid to take acknowledgements, personally-appeared...F.rane3s .1I-..G3oatna .god. CsZthe[~~8. P.•...... . 63 alma; • b i s• tKi•~e to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before me that:..they.......executed the same for the purpose therein expressed. - WITNESS my hand and official seal in the county and state aforesaid this....... 21st ............day of - r t'.C'omm,'"ssiod>rx= 3 3V` - ~O • L••~•I K~ I • • . • • (Space Below This Line Reserved For lends and Recorder) 9 t~t~ bafam~'~~~~a l~o~ .919 S~' 28 A~ 8~ 5S = AN11d1V0~ ~Jiv~v~n5idi .~lli1 i.id~IH~ ~FWEORiIOFECURDEO - - SI.~lC LOtlN1Y.F~R. gR#~OITRA tl>1fUtit-CIRW_!li :ggCpltD't{ER1FtED - 460652 . 8317 P>~~~29