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HomeMy WebLinkAbout2464 ~ ! - _ Y~.~.-- prior to entry of a judgtnottt oofotriaj this Mortp,e. if: (a) tiwrratver pay: I,ettder cep sane which would be rhea due under this ittaipye, the Nose sad notes securirts t~Ltvt+e Advances, if say, had oo aeoekratioa occurred: (b) Borrower cures . sU breaches of sny other aoveoaab or ap+eeraeats of tiotrower coataiaed is this MurtZage: (e) Bort+ower pays cep rwson:bte expenses inctrn+ed by- II,eoder is eotorcia= the ooveruarya. sad agroetaents of Hormarer ooatauted in this Mortgae std is et~orciag t~eader~a tartediee as pirovided is paragraph 16 hsroot. inatalin~ but not limited to, reasonablk attotney~ tats: and (d) Bortnaer takes sum action as Lende. may reasonably require to ~sura that the lien of tlib Mortp=e, Lender's Interco in the Property sad Borrrrrra~r obliptioa to pay the sums secured oy this Mortgage shall eontiaue unimpaired. Upon such payment sod ~ by Bot[oeror, this Mortgage sad the obiiptiQns secured hereby shall rotaaia in fop force acct ettect m if 0o acodaatiat had occurred. - - Aerilgrrwat d )Raab[ A~s~t of Reeeiser. Ace additional security herieuader. Borro+rer benby asses to Lend ~ the teats of the Property, provided thst 19orrower sha!!; prior to aocdentioa under paragaph 18 hereof oc abarWon- nxat .of the Property. have the ri8bt to collect acct retain such e~ as they become due acct payable. - Upon aoodatatiou under paragraph -18 hereof or abandonment of rho Property. Calder sbap be entitled io have ; receiver appoiated by a court to Batt[ upon, take poaession of sad maaaae the Property and to oolloct the rests of the Property, inchdiag these part due. All rants col'ected by the rooeiver shall be applied prat to payment of the cost of rnsaaalattent of the Property and ooUection of rei+ts. iacludiaa, :but cot IimiSed to, receiver's fees, ptemiurns on recover s bonds and teasoaable atooeoey5e foes. sad then to the suss speared by this Mortgage. The reoei`rer suds be.lisbk to account only for those t+eaa aetinlty received. - - - 21. )lie Aivyrae~as. Upon request by Borrower. Lender. at L.ender's option within twtnty years from the date of this Mortgage, may make Fvtu~ Advances to Hon+osver. SLch Future Advancer with interest tberooa; shsp be secured by this Mortgages wltea eviiknoed by promissory notes stating that said notes are seamed hereby. At ao time, shall the principal amwat of the iadebtednea sewred by this Mortgage, not iactudirrg sums advanced is aooordaooe berearith to protect the - security of this Morlgagt~ exceed the original amougt of the Note plus USt.....:t-rrrri~rs-~-ttrr.-s~rTrss 22. Rekaae. Upgn payment of ail. sums secured by this Mortgage; Lends sha11 roleast this Mortgage without chase. 1 to Borrower. Borrower shop pay a8 oasts of recordation. if any. i 23. AUsrtaey*s Fees. As used in this Marge sad is the Nae. "attorney's fees" shall iadude sttorney-'s foes, if soy, ~ whrch may be awarded by as appellate court. _ _ i Irt Wrrttess WHERFAF, Borrower hss executed this Mortgage. - - _ l Sig~ted. seatod attd ddiveted - _ - in the Wr;aenoe of: - . C ? .....(Seal) M. ~8. ~ L.~ Foscolo ~ : t:~'~ ......(Seal) , . ~ - - - Cora ~ • n M.. Fosc~o~o _ SrA?B OF 8~6idiafA, Nl]~L :YdRK. ~ lA-y`~.~- vv i. , s...C~Itft~ ss: - I ber+eby certifj? that on this day, before me, as officer duty aTithoriad in `lte state aforesaid and i~ the oa~nnty aforesaid to take aclcnowledgements,_personally appeared.. !I..6.. L....t:oscola and.COrs']7Afl.li.: Fnseolo, . hJs. wife tome known to be the person(s) described in and who eaocuted the foregoing instrument and acknowledged before tae [bait ...they .......executed the same for the purpose therein. e - - Wmaxss my hand and olttciat seat in the- county and state aforesaid this_ . ] 5th .day o[ ...-:~f,~~ary.......... ......,19... t7. - 7~.,, i. t ; ~ ,s. tt' At . ..~~-:~z-,(~i. L ~ tt a of rtew - . j _ Qualified is Queens Count/ ~ ~ ~ ,y ` ~onrnissiott lbcpiroa IAarGt 3ta, ~ { ~:~aa1s.N~ - ` [Spaces 6aio~r TAis lines Raservad For Lander and Racoraah ~S'/ - ~ ~ ~dG~'~Zl't~ 1.i•+~'d?'r'0~ 3::Ui12ifiSfiJf 3ili! OJ~/~IEt~ - 19~ JAN 31 P~ 12.59 ~ f E01?NC fiECOfcditl t . S~t.ilCiE C4UNTY.ft1?. ROGER POitRA5 CIERK CiRCUtt LOUR , RECORir VERtr'tt~r-..- - - ' _ - 44561 . . . ~ X324 P~24~Q ~ ~