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HomeMy WebLinkAbout0987 ! - • . ~ ~ ~~,r~ p~ior to enuy of a jud=ment entorcin~ tAis Monpse if: (a) Borm~wer pays Lende~ al~~na which w~ ~ tAee due undtr ~hic Mor~~a~e, ~he Note a~d iwtes secu~int Future Advances, it any. had no sccekntioe occu~rod: Ib) Borrowe~ cura all brcsches of any othe~ covenants or asreeme~u ot Borrower coouined in this Monpp: tc) Bonower p~y~ all t+easonable expensa incu~red by Lender ie entorcins the rnve~ants and asrame~ts of Bon~owe~ contained in Mi~ Mortp~e and in eotorcins Le~der's remedia as provided in para~sph IR hereof, includios, but ~at limited to. nswoabk sttorney's tea: and (d) Sorrowe~ taka such ution u l.eoder may reasonably nquirc lo sssurc that the lien ot this Morisap. L.sedst'~ intsrest in the Pmpeny and Sorrower i obli~atioo to pay the sums securcd by this MoMpte shall continue unimpairod. Upon such payment and curc by Borrower, this Mo~tga~e and the obli~ations securod hercby shall rcmain in tull fotte and eReet as if ~ no acceleratio~ had occurrcd. 2A. AssiRameat ot Reat~ Appoinlmeal 01 Recelver. Ac additional stcuri~y hercunde~. Borrower hercby assi~ns to Lender the rents of the Property, provided ~hat Bormwcr shall. prio~ to sccekration under psniraph IS he~tot or abandon- men~ af the Property, have the right to co11ec1 and rctain such rcnts u they baome due and payabk. Upon acceleration under pangraph IR hereo! or a!?an~anment at the PropeAy, Lende~ shalt be entitled to have a receiver appointed by a court to enter upon. take posscssion at and ma~ags the Propeny and to colkct the rents ot ihe' P~cperty, includina those past due. All rcn~s collected by the receiver shall be applied Arst to payment ot the casts ot ; management of the P~operty aad collection of ronts. including, but na1 limitcd ta, receiver s tees, prcmiums on receiver's t~onds ~nd reasonable attor~ey's (ees. and then to the sums xcured by this Mongage. The receive~ shall be liable to ucount only tor those reots actually received. 21. Fnture Advasers. Upon request by Borrower, l.coder, at I.e~der's option wi~hin ~wenty yesn from the dale of this Mortgage, may make Future Advances ~o Bc~rrmver. Such Futurc Advances, with intercst thercoo, shall be securcd by this Mortgage when evidenced by promissory notes stating that said nates arc secured hereby. At no time shall the principal amaunt ot the indebtedness secured by this Mortgage, nat includiog sums advanced in accordana hercwith to pmtect the secu~it~r o( this Mortgage, exceed the origin~l amount of tht Note plus USS .-Q- ~ 2Z. Rckase. Upon payment ot all sums securcd by this MoAgsge. Lender sl?all rekase this Mo~tp=e without chu~e to Borrower. Borrower shall pay all costs of recordation, if any. 23. Aftoraey's Fea. As used in this Mortgage and in the Note, "at~orney's tccs" shall include attornty's [ees. if any. which may be awarded by an appellate coun.' ~N W17NES5 WHEREOF, Borrowcr has exccutcd this Mortgagc. Signcd, sealcd and delivered in thc vresence of: (Seal) Robert nt . G'`'"~ (Seal) Ra Aaron ' ~ oIDdS CC ,~N s t , $TATE OF ~X1fS~~ New York COUflIy SS: Nassau i 1 hereby certify that on this day, before mc, an afiicer duly authorized in the state aforesaid and in the county ~ ~ ' aforesaid to takc acknowledgcments, pcrsonally appearcd ~ j Rpbert Carpenter, a married person, Raymond Aarons, a married person and ; ! Thomas Zaccone, a married person ~ , to me known to bc the pcrson(s) described in and who eaecuted the , foregoing instrumcnt and acknowledgcd beforc mc that they executed the same for the purpose therein ~ expressed. °r WITNESS ~y. hand and oH'icial seal in the county and state afo esaid this o~~ ~ day of - - ~ March ~ 9 3 . $ ' " , . . ~ My`~'~'Cnission ~uac,: ` ' ~w , . . ~ teA(~"~`" •~Byj~ lrzQGu~~~ ' ~ . ~ > . .;3 ; ~ ~ ~ ~;.A ~ . - _ ~ . oco i:~t' . Y , ~U~•~;1`~ '~.y ~ ~ ~~a ~ .1:'is:.... . ~ s ~ 9 rt. .P ~ OiTliqlSS'J _ • ` • • ' ` ~ ~ ~ ; ^ I AM A NOTARY PUBLIC OF STATE OF NEW r ~1*. ~ ' ~ ~ j;. ~ y ?:or vr;~ ;r ~ , ~.:.a ~ ~ YORK AND MY COMMISSION EXPIRES ON MARCH ~ ~ r.:_, ~ e.ww-~R~ine R~servW Fw LeeW~r snd R~eordtr') ~ r.3#o~ , , ~ ~ X G~ ~ ~ Y ~ S g ~ ~ ~ ~ • BOOKch`7 ! P.AGE ~