HomeMy WebLinkAbout0490}
~. ~l' ~ ~~* -~
prior to e~try ot a judgment eafo~ng this MortgDge it: (a) Borrower Pays Lende~ all sums which would be tbea due w~der
this Mortgage. the Note and notes securing Future Advances. if any. had no aoaleration occurred; (b) Horrowet cura
all breacha of any other rnve~ants or agreements of 8onower contaiaed ia this Mortpge; (c) Borrower p~ys all re~sonable
expenses incurred by Leade~ in enforcina the coveoaqts and ageements ot Borro~ver ooatained in this Mortgase and ia
e~forci~g Lender's nmedia as provided in pangraph 18 hercof. including. but not limited to. reasonabk attorney's fea: aod
(d) Borrowe~ takes such action ss Lende~ may reasonably rcquiro to sssure that the lien o[ this Mortga~s. I.ende~'~ interat
in the Property and Borrower's obligation to p~ay the sums secured by this Mortga~e shaq oontinue uaimpairod. Upon tuch
payment and cure by Borrower~ this Mortgage and the obligations securcd hereby shall nmain in full fora aad eRect u if
~o accelentan had occurred.
2~• Ani~aseat ot Re~ AppoiNmest ot Receiver. As additional security he~+eunder. Borrower heroby usigns to
Lende~ tl~c rents of the Property. provided that Bomower shall, prior to accekratan under puagtaph 18 hereof or abandon-
ment o( the Pnoperty. have the right to rnllect and rctaio such rents as they become due and payabk.
Upon accelention uader paragraph 18 hereof or abandonment of the Pmperty. I.ender shaq be eatitled to have a
rcceiver appointed by a court to e~ter upon, take poasessio~ of and manage the Pirope~ty and to colkct the rents of the
Property. including those Qzst due. All re~ts collxtod by the rcceiver shall be applied fiat to payment of the costs of
management of tl~e Property and collection ot rents. including, but not limitod to. reaiver's teas. pr~miums on reaiver's
bonds and reasooabk attorney's fces. and thcn to the sums securod by this Mortgage. 71~e rec~ivu sball be liable to aocount
only for those ~ts actualty reoeivod.
21• F~trre Ad~a~ces. Upon request by Borrower, Ixnder, at l~nder's option within twenty yean from the date of this
Mortgage. may make Futuoe Advances to Borrower. Such Future Adva~oa. with iaterest thereon~ shall be sxured by this
Mongage when evidenced by promissory notes stating that said notes arr socured hereby. At no dme sball t6e pincipvl
amount of the indebtodaess secured by this Mohgage, not including sums advanood in aooordanoe herewith to ptotect the
sccurity of this Mortgage, exoood the original amount ot the Note plus USf -------'-------------~-
?2. Reka~a Upqo paymeot of all wms socurod by this Mortgage. Leader shall relase this Mortgage without charge
to Borrower. 8orno~wer shall pay aU oosts of rooorda~ion. if any. ~
23. Attor~ep's.Fees. As usod in this Mortgage and in the Nae, "attorney's foa" shall include attomey's fea. if wy,
which may be awardod by aa appellate court.
TN MIITNESS WHEREOF, Borrower has eaocuted this Mortgage.
Signed, sealed and delivec+ed
in the Ar~esence ot:
~~.
~~~~~c-C~~i,~t.(G~~ ~ _
. ~
. ~~~" : . : .~~~~ . . ~ . ~: 2" ` `~ : . . . . . . . . . '. (Seal)
A 1 be r t G. H o 1 de r -.swrow.r
~ w :.~-~- ~~ ~J~~'':r'.~~ . .cs~,,
Gwendolyn C. Holder --a«roww
STATE OF~HI~GIE~i1I. . . . . .N~~-. Y9rk ~ .~~:~:~~`~. n~~ ~^~ ~c~/~:
- . ...__ ~
I hereby certify that on this day. bcfon mc, an o6icer duly authoriud ia the state afonsaid and in t6e county
aforesaid to talce aelcnowiodgements, personally appeared. ..AI bert..G..dold~r .a~d. ~w~~idQ1Y~. ~....HVlde~
. . . . hi.s .wi fe . . . . . . . . . . . . . . . . . . . . . . .. to me known to be the person(s) described in and who exocuted tbe
foregoing instrument and acknowledged beforc me that. .. .. the.y. ....exocated the same for the purpose tbeteran
expressed.
W~rNESS my hand and o8'icial seal in the county and state aforesaid this. .... . 1A.th .. ...........day of
. . . . December . . . . . . . . . . . . . . . . . . .. 19. .80 . ..
My Commission expires: ~ . ~
i5~11 . . . . . . . . . . ( - =2.
~ ROSE GAGLIANO
Notary Publtc. Stste of New YotR
~ No.3~:G5t35t
Ouclifled In Nxssau Cautt~-~
Cortrnlaaion Exptres March 30. t'~.
r~
,
~, .
Z.~ • - • ~J-L~L~:C s~ .Z :~ . . . . . . .
Not~fr iC .'.~1hA±:
' ~ ~, • f .~ ~ :
J ~~
• ` ~~~I~~ ~~..
_ .`~J: ~3t " ,\ "
: • '~
s =; '_~~~ ~.''~d~'• .~ "
_ ,c ` l~-
. t~' _~e+~ :
,' ~~~ '
. ~Y ~~~~~~-.
. 4, .,. } - ; . '
=, ~.~.. t .. .: ~;t_ ,
;J'j'';I~^N ~
Jll
(SW~r B~1a- TAis li~e R~sKV~d For lender and R~oord~p
~t 05~~ ~nltrn~ J `~'~tl'~Ic~ ~?~~~
AiY~tIC~e'~'uJ ~...~1iui1:>~.. 1 li~l U:I'1~J~H+7
19~1 JAR -8 AN 9~ 30
Fi~to ~-.c ~~coFi : i~
Si.IUCIE COt:VTY.F: %.
RCGER PGI~RAS
CIERK C1RCU1' ~~ ~.~
a~~^p^';~ 'F'!' ~ -
51268'7
~~346 pa~~ 488~