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Nort•UN~FORt?~ CovEN~t~s Borrower and Lender further covenant and agrec as fotlows:
19. Acceleratt~,r; °x=:= Q':~ i~~'~!'~ sl~all ai~e notice to 8o~roMet prior ro acceteration follo~ing Borrower's ~
breach ot any co~enant o~ tEpreement in tbis Secu~ity Instrument tbut not prior to Arceleration under p~ragraphs 13 and 17 ~
unless appfic~ble IaM provida othec~+isel. The notice shall spectfy: (s) the defsuit; (b1 the action ~equired to cure the i
default; (c) a date, not Icss than 30 dsys k,om the date tbe noHce is given to 8orrower~ by Nhich the default must be cured; £
and (d) th~t fwilure to cure the det~ult on or before the date speciRed in the notice may result in accelention of the sums
secured by this Security Instrument, toreclosure b~~ judicial proceeding and sale of the Propeny. The notice shall tu~ther :
info~m Borrower of ihe ~ight to retnstate stter accele~s~tion and the ~ight to assert in the tureciosure proceeding the non•
existenca of a det~uit or any other defense ot Horrowsr to acceleration and foreclosure. lf the de(ault is not cured oe or :y
before the date specilied in t6s notice, Lender at its optio~ m~y require immediate payment in tull of all sums s4cured by ,
tbis Security Instrument wit6out turther demand and may toreclose this Security Instrument by judicial procerding. ~
I.ender shall be e~titled to collt~ct all expenses [neurred in punuing the remedies provided in t6is paragraph 19, including, <
but~not limited to, reasonable attorneys' tces and costs ot titie e~idence. ~
20. L,ender ta Possession. U~.,:~ ~c~ektAtinn t,nder paragraph 19 or abandonment of the Property. Lcnder (by -
judicially appointed receivtr) shall be entitled to ent~r upon, take posscss?on of and manage thc Proptrty and to collect the ~
rents of the Prop~rty including thos~ past due. Any rents collccted by Lender or the receiver shall be apptied first to ~
payment of the costs of management of the Property and collection of rents, incluciing, 5ut not limited to. receiver's fea, ~
premiums on receiv~r s bonds and reasonable attorneys' fees, and then to the sums secured by this Secunty Instrument. '
~ 21. Retease. Upon payment of ali sums ucured by this Security lnstrument, Lender shall release this Security ~
Instrument without charge to Borrower. Borrower shall pay any recordation costs. ;
22. Attorneys' Fea. As used in this Sacurity Instrument and the Note, "attorn~ys' kes" shall include any attorneys' ;
fees awardcd by an appellate court. ~
23. Riders to thls Security Iastrument. lf one or more riders are ex~cuted by 8orrower and recorded together with t
this Security Instrumtnt. the covenants and agraements of each such rider shall be incorporated into and shsll amend and ~
supplement the covenants and agreements ot this Socurity Instrument as if the rider(s) were a part of this Security i
instrument. [Chcck appticable boa(es)j
~ Adjustable Rate Rider [j~Condominium Rider [j 2-4 Family Rider ~
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[]~Graduated Payment Rider ? Plannod Unit Developmcnt Rid~r
~ Other(s) [specify~ ASSl3MPTI0N RIDER f
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Bv SIGNtNG BEtow. Borrower accepts and agrets to the tenns and covenants contained in this Security ~
Instrument and in any rider(s) e~ocutod by Borrower and recorded with it.
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Sign sealed and ' red ~ th praence of: % G~ a~~C~~ s
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S~AMtJII.~ C. ~ ~ -~Of~'
' ~ . ~,L l.~ /1 ~ l''"~ ...................................(Scal)
i . . . n(31225 HY'~'n~[. .
_ _ _ -Bor.w.r•
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ST~Te oF NEW YORK ~~J ~,J~~'~"~`~ounty ss:
I I hereby certify that on this day, bctore mc, an officer duly authoriud in the state aforesaid and in the county
i
~ aforetaid to take acknowledgements, personally appeared
~ SAMUEL C. TOTH, joined by his wife, DOROTHY TOTH
, to me krtown to be the person(s) described in and who executed the
toregoing instrumcnt and acicnowledgcd before me that they executcd thc same for the purpose th~rein
c xprcsscd.
Wist~ESS my hand ~nd official seal in the county and state aforesaid this 6th day o[
! January ,19 88
My Commission expires: ~
1 ~
NORSIy YbIK
~ ~1 SLqDE
NOTARY ?UALl~. Ft?fr ot y Y larn.-,
•'Y Gt~rL~i:sion E~pi?t> Hai_~:r.ke;
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