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pnor to entr~ ol •r ~udgment en(orc~ng ~hii !~1or~gagc n~ ~ a) Borruwer p~~+ Lcn~cr all ~umc which Nould tx then duc under t
thi~ ~turtgage. the Ncte and not~~s ~e~unng Future AJvan~e~. am. had no accelzr~tion oc:urred: Ih) Borrower cures '
ali hreachr. am other ro~~enant~ o~ agreemrnh ~~t Borr.~NCr ~rnta~neJ in thi~ Mortgage: ~ c 1 Burrow•er pa~~s aii reationahte
r~pen~e, in~urrcJ h~ l.ender in enforcii~g ihr rovenani~ anci agreemcnts ol Borrower contained in this Mortgage and in
enfor~ing I cnder's rcmeJie~ a~ pruvid~d in paragr.,ph 18 here~~f. ~ncluding, hut not limited to, rea~~~nahle attorney's fees: and
td) Burrowrr ~akes ~uch action as LenJer ma~ re~u~nahly reyuire to assure that ~he lien o( ihis Mortgage. Lender's interat
in thr Prupert~• and Borrower'~ ohligation pa~ the ~um~ srcured h~ this I?tortgage ~hall continue unimpairt~. Upon such
pa~mrnt anJ cure h~ Borrowcr, this ~1ort~agc and ~he rbhgations secured herebr shall remain in full force and ef~ect as if
no ac~eler~u~~~ had occurred.
20. Assi~oment of Reats; Appointmeo~ of Recei~ea Ac ~dJ~tional ~ecurii~~ hereundcr. Borrower hereby accigns to
I.cnd~r the r~n~~ of ~he Prop~rty, pn~~id~~i that BorruNCr chall. prior ~o acceler~tion under paragraph lA hereof or abandon-
m~m «f thr Proprrt~•. ha~•e the right to colleci and reta~n such rents as thep txcome due and payable.
l;pon ~ccelcr~tion under paTagraph 1!i hercu( or ahandonment o( the Pmperty, l.ender shall be entitled to have a
receiver appointed h~• •r roun to enler upon, t~ke pos~e~siun of anJ manage the Propert~~ and to collect the rents of the
Pruperty. including those past due. All rents collecteJ hy the recei~cr shall be applied first to payment of the costs of
management of the Pmpert) and rollrc~ion u( renb, includ~ng, hut not limited ~o. receirer's fees, premiums on rtceiver's
tx~nJ~ and rrasonahle attorne}~'s fec~. anJ then to the sums secured h~• this Mortgage. The receiver shall be liable to account
onl}• tor tho~e rents actuall)~ received. .
21. Future Ad~ancea. U~+c~n rcyucs~ b~ Borrowrr. Lcnder. at l.endcr's option within twenty years from the date of this
~tortgage, m~y make Future Advances to Burr~~wer. Such Fu~ure Advances, with intera~ therrnn, shall he seeurtd by this
!~lortgage when evidenced hy promissor~• notes stating th~t ~aid notes are secured hereb~•. At no time shall the principal
amount of the indebtedness secured b~• thi~ Mrrtgage, nut including sums ad~•anced 'n accordance herewith to protect the
securin• ~~f thi~ ~lortgage, e~ceed the origin~l amount ol the Note plus USS. . . . ~A . . . . . . . . . . . . . . . . . .
22. Rekzse. Upon payment of all sums securcd b~~ th~s Mongage, Lendtr shall releue this Mortgage without charge
to Borrow•er. Borrower shall pap all costs of recordauon, il an~.
23. Attorne~'s Fees. As used in th~s Mortgagr and m thr Nute, "attornej~'s fces" shall include attorney's fees, if any,
which may be aNarded hy an appella~e coun.
Iy WITNESS WHEREOF, Borrowcr ha~ cxrcutcd this Mortga
1/ • ~ (SEAL)
Signed, sealed and delivered ~ B. ~yyyp - BORROWER
ii7lti~~L\
in thc presence of: ~
~>EAL~ .
- BORROtiYeR
~ ~ (SEAL)
- eoenowER ~
, G ~
~SEAL) j
~o H - BORROWER ~
' SEAL '
r~~ - - eoRROwtR ~ '
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- H (SEAL
- 60RROWER
~
~[EW YORR, Dutchess , . . , . , , _ . _ _ . Count ss:
STATE OF #~t~t~ . . . . . . . . . . . . . . . y ~
I hereby certify that on this day, before me, an officer duly authorized in the state of aforesaid and in the ~
county aforesaid to take acknowledgements, personally appeareci . j'!» .B~. ~r. a married
.Person
to me known to be the person~s) described in and who executed the for?going instrument and acknowledged
before me that . . . . ~ . . . . . . . . . . . . . . . . executed the same for 1he purpose therein expressed. ~
` ~ ~
~ Wi ss my and and offici~l ,eal in the co nty and state afuresaid this . . . . . . ~40 . . . . . . . . . . .day. of
~ . . . . . . ~N~~ . . . . . . . . . . . . . . . . . l y . ~ .
My Commission exp~ru: / . . . . . . . . . . . . ~ . . . . . . . . . . . . . . . . .
Y. . .
ts..q tiol~ry Public
NOTARY ~ ~RBARA A. BADYNA
No!ary P~btic, State ot New Yori~
Q~jI,gED $y FLA ~omm{ss~o Expires June 30 i~
(Space Btlow TAis L~nf R~s~rv~0 FO~ ltndtr ~n0 RKOrdt~ ~
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gooK 498 Pac~ 9~ .
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