HomeMy WebLinkAbout0953 Nt>ti•U'~U ~~R~1 C<~v1:~Ati fs t3or~ow~er and l.ender furihcr ru~•~nant and aRrrr a~ iuil~?~~ti:
19. Acceleralioo; Remedies. l.ender shsll give notice to i3orruwer prior to acceleration R?IlowinR 13nrruwer's
breach ut ~ny covenant or agreement in this Security Inst~ument (but not prior tu acceleration under pa~aRraphx 13 and 17
unless applicable law provides otherwise), The notice shall specify: (a) the default; (b) the actiun required to cure the
default; (c) a date, not less than 30 deys irom the dute the notice is given to BorroNCr. by which the default must be cured;
and (d) thxt faiiure to cu~e ihe default on or before the date specificd in the ootice may result in accettration of thr sums
secured by this Security Instrument, foreclosu~e by judicia! proceeding and sale of the Prape~t~•. Thr notice shall further
inform i~orrowe~ af the right to reinstate after acceleration and the right to asserl in the toreclosure procerdinK the ~on•
existence oi a default or any other defense of BorroN~er to acceleration und fareclusure. If the default is not cured un or
before the date specified in the notice, l.ender at its option may require immediate payment in ful! of all sums secured b~~
this Security tnstrument wit6out further demand and may fareclose ihis Security Instrument by judicial procecdinK.
I.ender shall be entitfed to collect alt expenses incurred in pursuing the remedies provided in this parakrnph 19, includink. •
but aot limited to. reasonable attorneys' fees and costs of title evidence. -
2U. I.ender in f'ossession. U~xm acceleraticm under par:~graph 1q ur aband~~nm~nt ~~r ~n~ Pro~r~y, I.rn~lrr (h~
judicially ap}x~inted receiver) shall be entitled to emer uhon. take jx~ss~~sion of anel ma~~agr the Pn,~~rrty and ~u r~~ll4rt ~ hr .
rrnt~ uf the PmFx:rt)' inrluding those p.?tit due. Any rentt cvllected by Len~ler ur the recei~er tih,tll tx• .+rplird tir~t t~~ '
paymrnt of the costs of management oF thr P~orerty ~ind rullection of rent~. includi~ig, hu~ n<~t lim~ted tu, rrcrivrr', Irr.,
premium~ on recciver's hondt and reaxon.ible atturnr~~ti' fie,, ~+nd then to the sums se~ured by ihi~ Srrurit~ In~trumrnt.
21, Release. Upc~n pa~~ment of all tiums s~rured hy lh~s Security Instrumrnt, l.ender .hal! rele<~~e thi~ Srcunt~
Insiniment w~ithaut rh.irge to Borrc~w•er. Borrowcr shall pay~ an~~ recordaticm costs. ;
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22. Attorneys' Hees. As used in this Securiry In~trument and the Note, "aUorne~•ti' feeti ' ~hall includr ati} attctirnr~.'
feet awardcd by an appellate caurt. ~
23. Ridrrs to this Seeurity Instrument, 1f une or mc~re riders are executed b~• I3iirro~~•er and rer<~rded t~~geth~r with ~
this Seru~ity Iostrument, the coverr?nts a~~d agrecments of earh tiuch ridrr shall br incorporated int~~ .+nd tihail amend arid
supplement tf~e co~~enant~ ai~d .igre~ments of this Securit~• Instriiment as if the rider(s) ~~~ere a part c~l ihi. Sccurit~ ~
I+~strument. [Check applicahle box(es)j
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' ; X Adjustabtr Rate Rider Condominium Rid~r , 2---t t~~m~h Rictrr ~
Graduated Pa~~ment Ridrr _:!'la+inc~ U~~it Devrlopment Rid~r
Othcr(ti) (xpc:cify) .
!3~' SIG~I!.c; F3f:~ c~w~. Borrow•er aceeptti and agrees to the terms and coven~ntti re?ntained ut thiti Srcunty
Instrument and in an}~ ridtr(s) exeruted b}~ f3<~rrow~er and recorded with it. R
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Signed, s aled and deli~•ered ig¢he presence af:
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STATE nF • L`~ 0~~~ '
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[ hereby certiiy that on this day, before me, an ofticer duiy authorizrd in the state aforesaid and in the counly aforesaid to take ~
aeknowledgements, personall~• appcared . . ~~n .$k31~- c'iIK~ •L~'5~3~1@ -S81E~II1D•,• -~115- .W1tG. . - • - . - • • . . • . • • • • - • • - • • • • • - • • ~
~ to me know~n to be the person ( s) described in and who executed the foregoing inswment and acknowledged '
before me that .._.~~:1~x........... executed the same far the porposc therein expressed. ~
WITNESS my hand and official seal in the count}~_and state aforesa~d this ........................$th........................_............................; .........day ;
of..........I3.ilt33ry . 19_ '
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My Commission expires: w "
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(Sea~ `r . . . _ . . _ . . . . . . . . . . . .Ir'Wary,Publ,~. . . . . . . _ - . . . . _ . . . .
OANtEI FREEMAN ~ ~ ~ _ ~ ~
tVotary Pubfic, State of tVewYortc '.t~f ' ~ir' . •
tt~~."a9548 ; ~
Q~af?`.~ed ~n R klan~i C ~.~nty , , : -
7erm Ez~:res ~ Z~ ` ~ ~
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~ooK 5~1 FA~E 952
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