Loading...
HomeMy WebLinkAbout2359. ., , ~. , +. '~~ . prior to entry of a judgmcnt tnforcing this Mortgage if: la) 8orrowe~ pa~~s l.ender all sums which wuuld be the~ due under this Mortgage. Ihe Note and notes securing Futurc Advances, i[ any, had rw acceleration occurred; Ibl Borrower cures all breaches of a~y other rnvenants or agreements of Ba~rower contained in this htongage; (c1 N~rrawer pays all reasonable expenses incurred by Lender in enforcing the covcnanis and agrcemenls of Borrower containcd in this Mortgage and in enforcing Lendcr's remedies as provided in pa~agraph 18 hcreof, including, but ~wt limited to, reaso~able attorney's fees; and (d) Borrower takes such action as Lender may roasonably rcquire to assure that the lien of this Mortgage. Lendcr's i~tcrcst in the Property a~d Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such payme~t and cure by Sorr+ower, this Mortgage and the obligations secured hereby shall rcmai~ in full force and effect as it no acceleration had occurred. 20. A.~amept of Reatx Appoiatmeat ot Recei~e~. As additional security hercundcr. Borrower hereby assigns to Lender thc rents of the Property. providcd that Borrower shall, prior to acceleratian emder paragraph 1R hereof or abandon- meat of ~he Propeny, have the right to collect and retain such rents as ihey become due and payable. Upon acceleration under paragraph 18 hereot or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a eoun to enter upon. take passeuion of a~d manage the Propert}r and to collect the rents of the P~ope~ty, includi~g those past due. AU rents coltected by thc receiver shall be applied first to payment of tho costs of management of the Propeny and collection of rents, includi~g, but not limited to, receiver's fees, premiums on receiver s bonds and reasonable attorn~y's fees, and then to the sums securec! by this Mongage. 'Il~e receiver shall be liable to accaunt only for thase rents actually received. 21. Future Advancea. Upon request by E3orrow•er, l_ender, at Lendcr s option within twenty years from 1hc date of this ~tortgage. ma~• make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured hy this 111ortgage when evidenced by promissory notes stating that said no[es are secured hereby. At no time shail the princi~al amount of the indebtedness secured by this Mortgage, oot including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS.... ••16y250.(10 •••••••••••- 22. 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, it a~y. 23. AKoraey's Fees. As used in this Mortgage and io 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 Martgage. Signed, sealed and delivered in thc presence of: . _ ~~:.. .. ................ S ....... ... ..:.. ............`...... Witness ~~~.~ . ~~s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .cs~~> or~s W. aROOKS -eor•°~~• . . . . . . . . . . . . . ~ . . . . . . . . . . . . . . . . . . . cse~~ ' SANDRA G . BRdOKS --Bo.rarer Sr~-TE oF ~Y, .New. York . . . . . . . . . ~ G!x!t~?'~~ . . . . . . .County ss: I hereby certify that on this da~, tx,fore mc, an ofticer du__ly~ authorized •in the state aforesaid and in the county afurrsaid to take acknowledgements, p~rsonally appeared..T~~~s W..BROOKS and SANDItA G. BROOKS, his .~J~~~ . . . . . . . . .. .. . . .: .. . . . . . . .. . . . . .. to me known to bc thc pcrson(s) describcd in and who executed th~ foregoing instrument and acknowlcdged be[orc mc that. .. th~y. ......cxecutcd the sarix~ for the purposc therein expressed. .. _:._::~+.: ~ , ~S ~ffl~~.~s my hand and official seal in the county and state aforesaid this. . . . . . . . . ~. . . . . . . . . .day of ~,~'..; :,;pe~ce~hQr . . . . . . . . . . . . . . . . . .. 19. $D. . .. 7 : , ~~ . ~ : {.~_ :. : mmission expires: ~ '},~; ,~. ~~~- ~ ~~ . {ss~U ; - . . • . . • .Notsry Publit • . • . ~ ~':itiy;,, ' ;~ . ~- . '~ '•~[• ' '~ 's - .i.~. ~:~- ~'' ~, , •'•i ~~~• , ~ ,~. ~0~ iSpace 8e1ow This li~ Reservetf Fo- Lendcr snd Recader~ ~~ 1~' 7~ ~ ` ~. 1~ " r.'• J~ .a~ ~,° .~J~~ ~Q~~ 19?0 OEC 3 I A!! 11 ~ 2 I FILEC ~NC G: COPD~ 0 S ROGEFt POITRASA. CLERK CiRCUIT C0~ ~ c=+f;:~•, tt~~. ~ - 512011 ~rjDlxf 345 PaGE ~.JJS