HomeMy WebLinkAbout0310 8. That (a) In the ov2nt ot any brtnch of thi~ mort~age or detsult on the part ot the riortgagn~, or 1b? in
the evenl any of ssid ~um~ of m~mey herein ~eferred to be not promptly an~l fully paid ~~•,thin ten days next
atte~ the 9ame se~•erally bec~me due and Payable, w•,thoul demnr.~l ur :~otic~, or ~n tli~ e~•er,t each and e~•ery
the et~pulations, agreements, cond~l~ons Rtui r~~'~ nanta oi ~:u~l pronias>.~~ ri,~te Hnd thi~ nu,rt;;age, any or elther,
Rre not duly, promptly and [ully performNd, (~IAI'IIAf~C(I, exrruted, ett~t tc.l, r::m~~let~~~i, ce~inplied ~~•~th and aD~ded
by, then, in eithe~ or any such event, th~ sau! nggre~;ate sucn m~~r~t~~~•ic•! ~n s.i,cl ~~n~~n~~s~~ry note the~ rema~ning
unpaid, wfth IRI~[C~l QCC~Uetl, and aU rnoney9 se~ iueJ h~r<•by, sh:~~l bec+mi~ du~~ and p.iyaL•le forth~vith, or there~
. a(ter, at the option of said Dtort~ny;e^, es tully anJ c~~rn~~letcl~• tt3 i! aU of the sa~~l ;~u~is o[ mc.n~~y ti+•fre origi~~Ally
atipulated to be psi.f qn such .lay, auything in s:u~t pcou~iFSOr>~ nnte, nnJ or in lh~a ~~:~rl~;x~;~ to the Contrary not-
wilh?tzndin~; and thereu~~on or thereaft~r at the oliti»n oi said Alo~t~;aficc, ~cithout n~hce or demand, auiF t~t ;
law o~ in equ~ty, theretotore, or lherralter begun, may be prosecutc~i .1s ~t all muney~ secur~d hereby had matured
pHor fo its i~s:itution. _ •
- T. '~'hat In the event that af the beginning ot or at any Ume penciin~; nny suit upon thls mortgage. or to
foreclose it, or to reform it, nnd/or to en[orce payment ot any cla~ms hercundcr, aaid Aiort~agee shell epply
to the court having jurisdiction thereo[ tor the appointment o[ a H~~c~i•:c~, siich co~~rt shall torthwith appoint
a Recelver of asid mortgagAd propecty all and s~ng?~la~, includin~ alf ;~nd sin~~lar the rents, IncomE, profite,
issues and revenuea f~otn whateve~ soerce derived, en~•h and e~~cry ul ~~•h~ch, ,l ~emg expressly understood, ia
~ htreb)~ mortgaged as it speci[ically set torth and descnted in lhe ~rant?~g and habendum ciausea heieot, and
. ~uch Receiver ahall heve all the broad and ef[ect~~~e [~mrtinris ami :~„~~.r;9 ~ti ;~n~~.~ise entcusted by a court
~ to a Receiver. and such appointm~nt ~hall bc made hy auch court a.v an adrnitted equity and a matter ot ab-
- eolute rlght to sald ??tortgap,ee, end ~ti~thout re[erence to the adequnc} or ~nscleq~tacy o[ the value ot th~ prop- .
, erty mortgaged or to the soh~enc,~ or insolvency of seid rto-t~a~or and%>>r of lhe defen~ants, and that auch ~
renie, prefit~, income, issuea and rr.~•e~ues ~hnll he a~~plied Cy 3urh Fteceiver according to the 1[en and/or equlty
Of satd Mortgagee and the practice o[ s~ch court. -
' ' mortgage is given iQ secure, in addition to the n~ite or ooligation
~ above descr~ '~onal loans or future advanc~s madF «~~lhin t~venty years from date hernof by the
mortgagee to ~aid mort~agors sor in title u: said mor!gagors of ttie property hereby conveyed•
provided lhat _the total unpa~d 6alance of the ~n ured hereby at an~• one time sh~ll not exceed
the maximum principal amounl of Doltars !
. plus interesi the~enn and any disb~rsement, made b~~ the mo ~a -
~ m~nt of taxes, levies or insuran~e on the property enrumbere . _ ~
YN WITNESS ~VHEREOF; the said Mortga.gor has executed thla mortgage under seal on the day and year
- - herein first above written. . .
~~9lgned, sealed and delivered l~ the pn sence of: . _
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. , ~i Le eBoer
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~ - RI~HA~~1 ZE5R01"lSK1 ~ '
NOTARy PtJB~.iC, Statc ot Ne~y York ~ :
_ _ Quuli~ie~ i~ S~:ffe;k County =
Mo, 52.43$i~~SD ~
STATE OF:......NFjI1I...Y.~RK.--•-•--: ~ vQR~m4~iQf1 EXpires t.+3;ch 30, ~~~7. ~
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COiT~ITY OF...;..S~~.T.~.' E~T1~........--• 1 ~ - ~
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Betore mz peraonduy agpea.re~-------------------I~F._L~eBfJEI~..at1d.._D~~tY...De-BO~R~-...HI.~~~T~TITIFE ?
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~ to me well kr.o~ti•n and knc~ti•n to me to be the individusl.s described in and w•ho executed the foregoing instru• #
ment, end acknoxleuged Cetore me that t--he..~executed the same for the purposes theee~n exgressed. _ ~
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- WL'I'NESS my han~ and ofAcial ses] this--•...... ..••-~~--°•--daY o•-•-----..~~.~II.:•--•• 19.7.r~.
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- - otary Public i and for ~ ~
_ ~ - the County and ~tate Atoresaid. j
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_ • _ - _ :~iy commission expires: • - 3
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i CO OF--•-•--.....--•-•-•-• ` - ;
; Betore ersonally appeared---••-•-• •-•--••--.._.r.._..._.._......_..--•--•-....._.......----••- :
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and.---.._..---• to me well knowa tsnd
known to me to be the-•--•-•-•-~---•- ...............Preaident e~.n~_.._...._...-----:._....-------•--•----.._..:-----••--_..----•---••----•-•-_._. Stcretar~ z
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~ respectively ot • the corporailon ~
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named in the foregotng inatrument, and know-n to to be the pereona who aa euch offlcers of atsid corporsUon, ~
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~ executed the same; and then and there the seld ._aud the said
._....._..dld acknowledgo Defor me that eaid '
instrument fs the Iree act an.i deed of sain corparation ty ~ them reapec?lv executed a9 auch otticera for the '
gurpwes therein exprease3; that the aeal thereunto at~ached i~ the corporate al b~ thenn !n W~e capacity ul'- ~
tixed; all under authority in them duly veated by the Board of Directora of aaid co aUon. ~
WTTNE39 my hend and oft(ctel sesl thie---•--••----._..---~.._day af 19.._.._ ~
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- ~ : ;..-~`r. - Notary Publlc in and for ~
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- . _ the Couniy and State Atore~aid.
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