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HomeMy WebLinkAbout2079 - ~ ~ ..ems ~ • )l prior to entry of a judgment enfortting this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, if any, had no acceleration occurred; (b) Sorrwver cura all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expeases iacurrad by Lender is enforcing the oovenagta and agreements of Borrower contained in this Mortgage attd is entorciag Lender's remedies :s provided in paragraph 18 hereof. including, but not limited to, rcasonabk attorttey~ fee; and (d) Borrower takes such action a: Lender may r~sonably require to asaurr that the lien of this• Mo I.errder's interat in the Propeety and Borrowers obligation to pay the sums secured by this Mortgage :>rall continue died. Upon such payment and cure bl? Borrower, the Mortgage and the obligations secured hereby shall remain in full force and effeM as if no aocekration bad occurred.' 20. Attaipmeot o[ Retrtq Appoiata>s~ of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Borrower shall, prior to accekration under paragraph ~18 hereof or abandon- ment of the Property, have the right to colket and retain :uch rents as they become due and payabk. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. All rents collected by the receiver shall be applied first to payment of the costs of management of the Property and collation of rents, including, but not limited to, receiver's fees, premiums on receiver's bonds sad reasonable attorney's fees, and then to the sums secured by this Mortgage. 'Ilte receiver shalt be liable to account only Ior those rents actually received. 2l. Faaare Aivaticeu. Upon rrquest by Borrower, lender, at Lender's option within twenty years from the date of this Mortgage, may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At ra time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USr":""""~'-""-'-"' Z2. Release Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation. if any. 23. Attoraxy"s Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees. if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. ,igned, sealed and delivered in the presence of: .1~`, ~',V.!ti~l..,L'.1~-°.`~~ :,.r.. .1 Seal H. ~ Messawer~ M.D. ~ ~_~„w; 1~. o` ~~:a-1''l'4~f.~!-~ (Seal) . Sonia I+lessawer ,er SrerE of=~rnr~r New. York . ..............County ss: I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appearcd_ H.. M~ssawer M.D: ,and Sonia Messawer,,_ _ his,wife , , , , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the foregoing instrument and acknowledged before; me that ~1ex .......executed the same for the purpose therein expressed. WITNESS my hand and official seal in the county and state aforesaid this......l~th , . .....day of AP.r~ 19. ~ My Commission exptres: L .JUDITH rRRAMPuw •b _jl •N07ARYP~9:IC,StateolNewYork..••••'.•.••••••'••• ~ a~ . ~ t% . ~ f • u ~ Quadcicd is t~assau County ice'-.. ~ i`~ Certit,wta File3 in Sult.lk Count. ~ Commission Expires Irarch 30, 1 ~ ~ ,~~f ~ 'k . O ~ (Speoe 8eww This LirN Reserved For Lender and Recorder) t 19~ NiA'( -5 Pk 12~ ~3 ~£L`~.NDFf TYf1A. Yi: t>'dE COJN ROfa£R ppITRa3 Q~,EftK GRGgT~T~ t . ~ss~? . BOOKcJc.IV PAGE?WO - 1=