HomeMy WebLinkAboutL 13153 P 755 1111111 IIII IIIA VIII VIII 11111 VIII VIII VIII IIII IIII
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SUFFOLK COUNTY CLERK
RECORDS OFFICE
RECORDING PAGE
Type of Instrument: ASSIGNMENT OF LEASES / RENTS Recorded: 04/28/2022
Number of Pages : 11 At: 11 : 08 : 06 AM
Receipt Number : 22-0074036
MORTGAGE NUMBER: DNO05688
LIBER: D00013153
PAGE: 755
District: Section: Block: Lot:
1001 004 . 00 02 . 00 001 . 000
EXAMINED AND CHARGED AS FOLLOWS
Received the Following Fees For Above Instrument
Exempt Exempt
Page/Filing $55.00 NO Handling $20 . 00 NO
COE $5.00 NO NYS SRCHG $15 . 00 NO
Affidavit $5.00 NO TP-584 $0 . 00 NO
Notation $2 .50 NO Cert.Copies $0 . 00 NO
RPT $400 . 00 NO
Fees Paid $502 .50
THIS PAGE IS A PART OF THE INSTRUMENT
THIS IS NOT A BILL
JUDITH A. PASCALE
County Clerk, Suffolk County
0 0
Number of pages
l 1 RECORDED
2022 Apr- 28 I1:08:0A AiM1
JUDITH A. PASCALE
CLERK OF
This document will be public
SUFFOLK COUNTY
record.Please remove all L D00013153
Social Security Numbers P 55
prior to recording, DHUOS63�3
Deed/Mortgage Instrument Deed/Mortgage Tax Stamp Recording/Filing Stamps
3 1 l FEES
Page/Filing Fee Mortgage Amt.
1.Basic Tax
Handling 20. 00
2. Additional Tax
TP-584 � Sub Total
Notation Spec./Assit.
or
EA 52 17(County) Sub Total _ Spec,/Add.
EA-5217( te) TOT.MTG.TAX
R.P.T.S.V.
��/ Dual Town Dual County
Held for Appointment
Comm.of . 5. 00 `p
� Transfer Tax
Affidavit
l Mansion Tax
The property covered by this mortgage is
Certified Copy _ or will be improved by a one or two
NYS Surcharge 15. 00 7 family dwelling only.
Sub Total t� YES or NO
Other _
�/7 7
Grand Total ✓()v If NO, see appropriate tax clause on
page# of this instrum
C 7iJ
4 Dist. 10( 4820526 10 5 Community Preservation Fund
�
Real Prope � I�II�I ILII IIII�II�I Illll�llll ll�f ll�l Consideration Amount$
Tax Service (3DO-MAR-2 1 I!I I
Agency CPF Tax Due $
Verification
-- -- -- ' Improved
6 Satisfactions/Discharges/Releases List Property Owners Mailing Address
RECORD&RETURN TO: Vacant Land
Dime Community Bank TD
Attention: Commercial Loan Documentation
898 Veterans Memorial Highway Suite 560 TD
Hauppauge,NY 11788
TD
Mail to:Judith A. Pascale,Suffolk County Clerk 7 Title Company Information
310 Center Drive, Riverhead, NY 11901 Co.Name Bridge Abstract LLC
www.suffolkcountyny.gov/clerk Title# BALRE5444S
8 Suffolk County Recording & Endorsement Page
This page forms part of the attached Assignment of Leases and Rents/255 Aff made
by: (SPECIFY TYPE OF INSTRUMENT)
220 Center St Greenport Inc.and The premises herein is situated in
437 Fifth St Greenport Inc. SUFFOLK COUNTY,NEW YORK.
TO In theTOWN of Southold
Dime Community Bank In the VILLAGE
❑ or HAMLET of Greenport
BOXES 6 THRU 8 MUST BE TYPED OR PRINTED IN BLACK INK ONLY PRIOR TO RECORDING OR FILING.
over
f
T
RPPOL A
Stat I D: 4820526 30-MAR-22
Tax Maps
District Secton Block Lot School District
1001 00400 0200 001000 GREENPORT
1001 00600 0300 016000 GREENPORT
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COLLATERAL ASSIGNMENT OF LEASES AND RENTS
This Assignment made as of this 25th day of January, 2022, by and between 220 CENTER ST
GREENPORT INC. and 437 FIFTH ST GREENPORT INC., all New York corporations having a
business address at'P.0. Box 591, Shelter Island Heights, New York 11965 (the "Assignor") and DIME
COMMUNITY BANK, having a place of business at 898 Veterans Memorial Highway, Suite 560,
Hauppauge, New York("Assignee"); * -719. N1b4M/ Rp4D
WITNESSETH :
Assignor is the fee owner of premises known as 220 Center Street, Greenport, New York 11944
and 437 Fifth Street, Greenport, New York 11944 (collectively, the "Premises"), and has agreed to (i)
enter into a Loan Agreement, dated January 25, 2022, with Assignee for the for mortgage loan of
$1,076,250.00 ("Loan Agreement"), and (ii) make a mortgage note to Assignee in the amount of
$1,076,250.00 ("Note") secured by a mortgage in like amount secured by the Premises ("Mortgage")
dated January 25, 2022 and to be recorded in the Office of the Suffolk County Clerk (the Loan
Agreement, Note, Mortgage and all other documents executed by Assignor in connection therewith are
collectively referred to as "Loan Documents").
As a condition to making such a loan to Assignor pursuant to the Loan Documents, Assignee
requires Assignor to execute and deliver this Collateral Assignment of Leases and Rents further securing
Assignor's indebtedness to Assignee. (See attached Mortgage Schedule)
NOW THEREFORE, in order to better secure the payment to the Assignee of the principal
amount due under the Loan Documents, with interest now due or hereafter to become due, and of all
monetary obligations of the Assignee under and pursuant to the Loan Documents, the Assignor hereby
assigns to the Assignee all of the rents, profits and issues due and to become due from the Premises,
together with all documents, leases, agreements, service contracts and insurance policies affecting the
Premises.
1. RENTS
Upon Assignor's default under the Loan Documents, Assignee shall have the power and
authority to enter upon and take possession of the Premises and to demand, collect and receive from the
tenants, lessees or parties in possession of the Premises or part thereof, rents now due or to become due;
to endorse Assignor's name or any subsequent owner of the Premises, on any checks, notes or any other
instruments for the payment of money; to deposit same in Assignee's accounts; to give any and all
instruments in connection thereto in Assignor's name or in the name of Assignee; to institute, prosecute,
settle or discontinue any summary or other legal proceedings for the recovery of rents or profits or to
recover the whole or part of the Premises; to institute, prosecute, settle or discontinue any other legal
proceeding for the protection and security of the Premises, for damages sustained to the Premises or
from any other cause or for the abatement of any nuisance thereon. Assignee shall also have the right
and power to defend any legal proceeding brought against Assignor or any subsequent owner of the
Premises arising out of the operation of the Premises.
MORTGAGE SCHEDULE
1. Mortgage, dated 41712016, and recorded on 4/18/2016, in the Suffolk County Clerk's office at
Liber 22693 Page 587, in the principal amount of $685,000.00 executed by 220 Center St
Greenport Inc. and 437 Fifth St Greenport Inc., as Mortgagors, in favor of The Bridgehampton
National Bank, as Mortgagee (Mortgage tax paid: $7,192.50);
2. Mortgage, dated 6/27/2019, and recorded on 7/25/2019, in the Suffolk County Clerk's office at
Liber 23045 Page 152, in the principal amount of $189,946.75 executed by 220 Center St
Greenport Inc. and 437 Fifth St Greenport Inc., as Mortgagors, in favor of BNB Bank, as
Mortgagee (Mortgage tax paid: $1,963.95);
3. Consolidation, Extension and Modification Agreement, dated 6/27/2019, and recorded on
7/25/2019 in the Suffolk County Clerk's office at Liber 23045 Page 153, in the principal amount
of $806,250.00 executed 220 Center St Greenport Inc. and 437 Fifth St Greenport Inc., as
Mortgagors, in favor of BNB Bank, as Mortgagee, which consolidates Mortgages 1 and 2 above,
which has an outstanding principal balance of$4941659.119-
h -16
59.119- g
4. Mortgage, dated 1/25/2022 and to be recorded in connection herewith in the Suffolk County
Clerk's office, in the principal amount of$312,180.81, executed by 220 Center St Greenport Inc. V/
and 437 Fifth St Greenport Inc., as Mortgagor, in favor of Dime Community Bank, as Mortgagee
(Mortgage tax paid:
5. Consolidation, Extension and Modification Agreement, dated 1/25/2022 and to be recorded in
connection herewith in the Suffolk County Clerk's office, in the principal amount of$1,076,250,
executed by 220 Center St Greenport Inc. and 437 Fifth St Greenport Inc., as Mortgagor, in favor
of Dime Community Bank, as Mortgagee
2. AUTHORITY TO LEASE
Upon the default by Assignor under the Loan Documents, Assignee shall have the right, power
and authority to lease or rent the Premises or any part thereof; to employ an agent to manage and rent the
Premises, to make any and all improvements to the Premises deemed solely by Assignee to be necessary
for the leasing of the Premises, to maintain and keep the Premises in a rentable condition and in a good
state of repair, to purchase any and all supplies, materials and equipment deemed necessary by Assignee
in the continued operation and maintenance of the Premises, to pay all utilities, taxes and assessments
for the Premises now due and to become due which are or may become liens against the Premises, to
pay the principal and interest which are or may become due under the Loan Documents, to pay the
premiums on all insurance policies affecting the Premises which are or may become due, to comply with
all orders or notices of any governmental authority having jurisdiction over the Premises, to discharge
Mechanic's Liens or any other interests or liens filed against the Premises either by payment to the
lienor or by filing with the appropriate court a bond pursuant to court order, and to pay all charges and
expenses incurred in the operation of the Premises.
3. EXPENSES
The Assignee shall have the authority, which is expressly given by Assignor, to pay for all
matters from the rents and revenues collected from the Premises. These costs and expenses and any
other payment made by Assignee in connection with the operation of the Premises, including reasonable
attorneys' fees, shall be a charge to Assignor and for any and all purposes shall be deemed to be secured
by the Loan Documents and may be deducted from the rents and profits received from the operation of
the Premises.
4. ASSIGNEE'S LIABILITY
Except for the willful malfeasance or gross negligence of Assignee, the Assignee shall not be
liable for any act or omission but shall only be liable to account for moneys received by Assignee.
Notwithstanding the foregoing, nothing herein contained shall be deemed to prejudice Assignee's rights
to institute and prosecute the foreclosure of the Mortgage or to enforce any lien on other collateral which
the Assignee has or to prejudice any other right of Assignee which may arise due to Assignor's default
under the Loan Documents.
S. ASSIGNMENT OF LEASES UPON DEFAULT
In the event of a default under the Loan Documents, Assignor hereby assigns and transfers to
Assignee all the leases and subleases, if any, made to the occupants of the Premises and all of its right,
title and interest to the security stated in those leases and subleases and the Assignor further authorizes
and empowers Assignee to honor the terms, conditions and provisions of the leases and subleases or to
rent any one or more of the units in the Premises upon such terms, conditions and provisions as
Assignee, in its sole discretion deems prudent and to execute any and all documents necessary to
accomplish that end. Assignee shall have the full power and authority to do any and all acts with respect
to the Premises as the Assignor might or be permitted to do, with full power and substitution and
Assignor hereby expressly ratifies and confirms those acts which might be done by Assignee.
G. LEASE MODIFICATION
Assignor will not, except if expressly permitted in the Loan Documents, without the prior written
consent of Assignee cancel, modify or surrender any lease now or in the future existing with respect to
any unit in the Premises; abate or reduce any rent due under any lease; modify, alter or amend any of the
terms, provisions and conditions of any Iease; and/or execute any new lease for any unit in the Premises.
7. ACCOUNTABILITY
Assignee, except for its acts of gross negligence or willful misconduct, shall not be liable or
responsible in any way for the failure to account or fraud or defalcation of rents received by Assignee's
agent designated to manage the Premises or collect the rents. Assignee shall in no way be liable for its
failure or refusal to make repairs to the Premises nor for any debt incurred in connection with the
operation of the Premises.
8. DEFAULT
Notwithstanding anything to the contrary contained in this Collateral Assignment of Leases and
Rents, the default provisions contained in the Loan Documents shall in no way be affected by the terms,
provisions and conditions contained in this document.
9. ASSIGNEE'S RIGHT IN THE COLLATERAL
This Collateral Assignment of Leases and Rents supplements the Loan Documents. It is
expressly agreed by the parties hereto that the rights and powers given to Assignee contained in this
document shall in no way prejudice or estop the Assignee in the exercise of the rights afforded to it in
the Loan Documents or against any other collateral of Assignor that Assignee may have.
10. SURPLUS
Except as required by law, Assignee may but shall be under no obligation to do so, turn over to
the Assignor any surplus moneys which the Assignee may have after paying all expenses incurred in
connection with the operation of the Premises and establishing a reserve fund necessary for the payment
of fixed charges due or to become due for such time as Assignee, in its sole discretion deems reasonable.
The tender by Assignee to Assignor of surplus moneys on one occasion shall not obligate Assignee to
tender surplus moneys thereafter.
11. FURTHER ASSIGNMENT BY ASSIGNEE
The Assignee may assign all of its right, title and interest in and to this Collateral Assignment of
Leases and Rents to any person or entity to whom the Loan Documents are assigned and upon such
assignment, the holder of the Loan Documents shall have all the rights and powers contained herein as if
an original party hereto.
12. CONSENT
Should the Assignor be a corporation, the Assignor hereby expressly certifies that this
Assignment was approved and authorized by the board of directors of such corporation and that there is
no requirement under the corporation's certificate of incorporation or by-laws that require the consent of
the shareholders.
Should the Assignor be a partnership, the execution and delivery of this Collateral Assignment of
Lease and Rents have been duly approved by its partners.
Should the Assignor be a limited liability company, the execution and delivery of this Collateral
Assignment of Leases and Rents have been duly approved pursuant to its operating agreement, or if
none, by its managing member.
13. DESCRIPTION OF PREMISES
The Premises are more particularly described on Schedule A which is attached hereto and made
a part hereof.
14. SATISFACTION OF UNDERLYING DEBT
Upon the payment in full of all indebtedness secured by the Loan Documents, Assignee shall
execute and deliver, in recordable form, a release of this Collateral Assignment of Leases and Rents.
15. ASSIGNOR'S COLLECTION OF RENTS
Provided that Assignor is not in default under the Loan Documents, Assignor shall have the right
to collect, but not more than thirty (30) days prior to accrual, all rents, issues and profits from the
Premises and to retain, use and enjoy same.
16. AGREEMENT BINDING
This Collateral Assignment of Leases and Rents shall be binding on the Assignor and its
successors and assigns and shall inure to the benefit of Assignee, its successors and assigns. This
Collateral Assignment of Leases and Rents may not be changed orally but only by an agreement in
writing signed by the parties hereto.
17. LAW GOVERNING
The terms, conditions and provisions of this Collateral Assignment of Leases and Rents shall be
governed by the laws of the State of New York without regard to conflicts of law principles.
18. PRIOR ASSIGNMENT
Assignor represents and warrants that it is the owner in fee of the Premises and has not executed
any prior assignment or pledge of any of its rights, nor are its rights encumbered, with respect to the
leases assigned hereunder, or any of the rents, income or profits due or to become due from the
Premises, except as are encumbered by the Loan Documents. Assignor further represents and warrants
that it shall not assign, pledge or encumber the leases to any party or entity during the terms of this
Collateral Assignment of Leases and Rents.
19. LEASES
Annexed hereto and made a part hereof as Schedule B are the existing leases for the Premises.
Any and all future leases executed by Assignor for the Premises shall also be included in the leases and
WFG National Title Insurance Company
Title Number: BALRE5444S
Page 1
SCHEDULE A DESCRIPTION
Parcel I
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected,
situate, lying and being in the Village of Greenport, Town of Southold, County of Suffolk and State
of New York, bounded and described as follows: northerly by land conveyed by Edmund A. Potter
to Esephiene B. Chute; easterly, partly by land of Clarence B, Merrill and Albert Payne; southerly
by Center Street; and westerly by Third Street, sometimes known as Railroad Avenue, which is
more particularly bounded and described as follows:
BEGINNING at a point on the northerly side of Center Street distant 63.00 feet from the corner
formed by the intersection of the easterly side of Third Street and the northerly side of Center
Street and on the division line between the premises herein described and property now or
formerly of Goldin;
RUNNING THENCE South 83 degrees 16 minutes 40 seconds West, 63.00 feet along the
northerly side of Center Street;
THENCE North 06 degrees 50 minutes 00 seconds West, 115.46 feet along the easterly side of
Third Street to the division line between the premises herein described and the property now or
formerly of R. Jones;
THENCE North 83 degrees 16 minutes 50 seconds East, 65.90 feet;
THENCE the following two (2) courses and distances:
1. South 06 degrees 50 minutes 00 seconds East, 10.04 feet;
2. South 05 degrees 15 minutes 40 seconds East, 105.45 feet to the northerly side of Center
Street and the point or place of BEGINNING.
1
WFG National Title Insurance Company
Title Number: BALRE5444S
Page 2
SCHEDULE A DESCRIPTION
Parcel II
ALL that certain plot, piece or parcel of land, with the buildings and improvements thereon erected,
situate, lying and being in the Village of Greenport, Town of Southold, County of Suffolk and State
of New York, being more particularly bounded and described as follows:
BEGINNING at a point on the westerly side of Fifth (aka 51') Street, at the northeast corner of the
herein described premises, where same is intersected by the southerly side of land now or formerly
of Bell Fountain; said point or place of beginning also distant 204.90 feet southerly as measured
along the westerly side of Fifth Street from Wiggins Street;
RUNNING THENCE from said point or place of beginning, along the westerly side of Fifth Street,
South 06 degrees 55 minutes 00 seconds West, 36.94 feet to land now or formerly of Leslie Ball;
THENCE along last mentioned land, North 87 degrees 24 minutes 10 seconds West, 119.67 feet
to land now or formerly of Piccozzi;
THENCE along said last mentioned land, the following two (2) courses and distances:
1. North 02 degrees 11 minutes 20 seconds West, 3.08 feet;
2. North 05 degrees 11 minutes 20 seconds East, 48.88 feet to land now or formerly of Bell
Fountain;
THENCE along said last mentioned land, South 80 degrees 16 minutes 30 seconds East, 121.44
feet to the westerly side of Fifth Street, at the point or place of BEGINNING.
2
SCHEDULE B
Existing Leases:
Apt/Unit# Tenant Lease End Date
437 Fifth Street, Unit A Nidia Luna Perez August 31, 2021
Greenport,New York 11944
437 Fifth Street, Unit B Ricardo Geovany Alvizures December 31, 2021
Greenport, New York 11944
437 Fifth Street, Unit C Adriana Atlixqueno August 31, 2021
Greenport,New York 11944
220 Center Street, Unit 1 B. Adriana Padron. August 31, 2021
Greenport, New York 11944
220 Center Street, Unit 2 F. Vogel March 31, 2022
Green ort, New York 11944
The Parties have reviewed the leases identified above, are familiar with the contents thereof, and
agree that the contents of all such leases are incorporated into this Collateral Assignment of Leases and
Rents by reference, as if attached hereto and fully set forth herein.
Initial: 437 Fifth St Greenport Inc., Assignor
220 Center St Greenport Inc., Assignor
Dime Community Bank, Assignee
rents pledged as collateral pursuant to, and shall be subject to the terms and conditions of, this
Assignment Agreement.
IN WITNESS WHEREOF, the Assignor has executed this Collateral Assignment of Leases
and Rents the date and year first written above.
ASSIGNEE:
DIME COMMUNITY BANK
By:
N ancy L esser
Title: Vice PreWent
ent
ASSIGNORS:
220 CENTE ST GREENPORT INC.
By:
e: James P. Olinkie
itle: President
437 FIFTH ST GREENPORT INC.
By:
e: James P. Olinkiewi
itle: President
State of New York )
County of Suffolk )ss.:
F
On the 25`h day of January, 2022 before me, the undersigned, personally appeared James Olinkiewicz,
personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s)
whose name(s) is (are) subscribed to the within instrument, and acknowledged to me that he/she/they
executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument,
the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument.
J�'INV�- Public
MARGARET F#OROWITZ
HDIAfiY PUBLIC,STATE OF NEW YORK
No.01 H06307056
State of New York } Oo owdffin s�dk M*im June c o�2
County of Suffolk )ss.:
On the 25h day of January, 2022 before me, the undersigned, personally appeared Nancy L. Messer,
personally known to me or proved to me on the basis of satisfactory evidence to be the individual(s)
whose name(s) is (are) subscribed to the within instrument, and acknowledged to me that he/she/they
executed the same in his/her/their capacity(ies), and that by his/her/their signature(s) on the instrument,
the individual(s), or the person upon behalf of which the individual(s) acted, executed the instrument.
Nt�ry Public
MARGARET HOROWI -
N0T14fiY PUBLIC,STATE OF NEW YoAk
Reglsfration No.01H06307056
Qualified in Suffolk County
Cnmmisslan Expires June 30,2022
. fldmZ-f*fJ
AFFIDAVIT MADE PURSUANT TO
ARTICLE 11, §255 OF THE TAX LAW
STATE OF NEW YORK )
) ss..
COUNTY OF SUFFOLK )
James Olinkiewicz, being duly sworn, deposes and says:
That he is the President of 220 CENTER ST GREENPORT INC. and 437 FIFTH ST
GREENPORT INC. (collectively, the `Borrower"), the owner of the property which is subject to
the hereinafter described mortgages and the notes secured thereby and is familiar with the facts
set forth herein:
That the mortgages described on Exhibit "A" have been recorded or are submitted for
recording simultaneously herewith (collectively, the "Mortgages") on which all required
mortgage tax was paid.
In connection with the foregoing Mortgage, there is herewith offered and presented to the
Suffolk County Clerk's Office of a Collateral Assignment of Leases and Rents between
Mortgagor and Mortgagee dated January 25, 2022, by which Mortgagee is assigned certain rights
in rents and other moneys relating to the occupancy of the premises encumbered by the aforesaid
Mortgage and as security collateral to such mortgage.
Such Collateral Assignment of Leases and Rents neither creates nor secures any original,
new or further principal indebtedness or obligation in addition to or not already secured by or
which under any contingency may be secured by or which under any contingency may be
secured by the aforesaid Mortgage.
This affidavit is submitted to the Office of the Suffolk County Clerk in support of the
exemption of the foregoing Collateral Assignment of Leases and Rents from the imposition or
payment of mortgage tax under Article I 1 of the Tax Law pursuant to provisions of Section 255
of the Tax Law of the State of New York.
s Inklewicz
Sworn to before me this
25`h day of January, 2022
L
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MARGARET FiOWI Z .
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NOTARY PUBLIC,STATE OF NEW YORK
Registration Na 01HO6307056
Qualified in SUM&C=q
CoMmIssion rgs June 90.2022 �'
MORTGAGESCHEDULE
1. Mortgage, dated 4/7/2016, and recorded on 4118/2016, in the Suffolk County Clerk's
office at Liber 22693 Page 587, in the principal amount of$685,000.00 executed by 220
Center St Greenport Inc. and 437 Fifth St Greenport Inc., as Mortgagors, in favor of The
Bridgehampton National Bank, as Mortgagee (Mortgage tax paid: $7,192.50);
2. Mortgage, dated 6/27/2019, and recorded on 7/25/2019, in the Suffolk County Clerk's
office at Liber 23045 Page 152, in the principal amount of$189,946.75 executed by 220 ✓
Center St Greenport Inc. and 437 Fifth St Greenport Inc., as Mortgagors, in favor of BNB
Bank, as Mortgagee (Mortgage tax paid: $1,963.95);
3. Consolidation, Extension and Modification Agreement, dated 6/27/2019, and recorded on
7/25/2019 in the Suffolk County Clerk's office at Liber 23045 Page 153, in the principal
amount of$806,250.00 executed 220 Center St Greenport Inc. and 437 Fifth St Greenport ✓
Inc., as Mortgagors, in favor of BNB Bank, as Mortgagee, which consolidates Mortgages
1 and 2 above, which has an outstanding principal balance of.'"^ liq
17 9 q
4. Mortgage, dated 1/25/2022 and to be recorded in connection herewith in the Suffolk
County Clerk's office, in the principal amount of$312,180.81, executed by 220 Center St
Greenport Inc. and 437 Fifth St Greenport Inc., as Mortgagor, in favor of Dime
Community Bank, as Mortgagee (Mortgage tax paid: $ Q
5. Consolidation, Extension and Modification Agreement, dated 1/25/2022 and to be
recorded in connection herewith in the Suffolk County Clerk's office, in the principal .�
amount of $1,076,250, executed by 220 Center St Greenport Inc. and 437 Fifth St
Greenport Inc., as Mortgagor, in favor of Dime Community Bank, as Mortgagee
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