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HomeMy WebLinkAbout2320 ..t i prior to entry of a judgment enforcing this Mortgage if: fa) Borrower pays lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, it any. had no acceleration occurred: lb) Borrower cute: all breaches of any other covenants or agreements of Borrower contained in this Mortgage: (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the covenant: and agreements of Borrower contained in thn Mortgage and in enforcing Lender i remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorney's fees;.and (d) Borrower takes such action as Lender may reasonably require to assuro that the lien of this Mortpge, Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payment and cure by Borrower, this Mortgage and the obligations secured hereby shall remain in full force and effect ss if no acceleration had occurred. _ 20. Asslgaraent o[ Rents; A'poiMareat of Receiver. As additional security hereunder. Borrower htreby assigns to Lender the rents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 herro[ or abandon- ment oI the Property. have the right to collect and retain such rents ss they become due and payable. 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 rent of the Property. including those past due. All rents collected by the receiver shall be applied tint to payment of the costs of management of the Property and collection of rents, including, but not limited to. receiver's fees. premiums on receiver's bonds and reasonable attorney's foes. and then to the sums secured by this Mortgage. The receiver shall be liable to account only for those rents actually received. 21. Fdrre Adrasea. Upon request 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 arc secured hereby. At no time shall the principal amount of the indebtedness secured by this Mortgage, not including sums advanced in acxordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USf . 4~.•.~00, uQ 22. Rdeast. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge to $orrower. Borrower shall pay aU costa of recordation, if any. 23. Altoroey's Fees. As used in this Mortgage and in the Note, "attorney's fee:" shall include attorney's [ees, if any, which may be, awuded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, and delivered ' in the D ce of:. _ f ; . (Seal) a vaf`rcre. J: ~ iele -~onower ` ......................(seal) Sara 8. Daniele YORK, STATE OEIlI Westghester , , , , , , , , , , , , , , , , ,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 appeared .~~TO~ J. , DANI13CtF , ,SAS ~ , D~I~Ii ~ ,his, pife : to me known to be the person(s) described in and who executed the _ foregoing instrument and acknowledged before me that...Y.......executed the same for the purpose therein expressed. f W _ my nd and official seal in the county and state aforesaid this Jr'. .............day of 4 `,w - _ 0. _ rr - JOt-It~ t~ 6141016!0 ~ry b ' l ~A~~`- '~t~sry PubNc, Sfafo of N.w York ~ _ ~ j.; ' ; 004. ~i ; tto. 60-X621973 t~,t/ tt~eiefi0d in WOStchester Couefy . ~ . !'1~.. ;Cesimisdou 6cpirea Muc` 30, t98't--- . _ ai F;.~ L ~ r (Spice llNow TAis Line Resennid For Lends and Recorder) f _ - i i 3 `r i ~ 8e~o~x JJS PAGE ~.V~ _