HomeMy WebLinkAboutL 1321 P 427 FORK 543 H. Y. MORTGAGE Fo O9"xs A Lux TUTBLANX .misTinco U.S.. T.wr.ca
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Made the lith day of February Nineteen Hundred and
Forty-Six
Nr B.
AMM ALBERT C. HARKER and KATHERINE/HARKER, his wife,
residing at Mattituck, Suffolk County, New York,
W mortfalors , and
THE MATTITUCK NATIONAL BANK AND TRUST COMPANY, a
national banking corporation organized under and existing by virtue of
the laws of the United States, with office and principal place of
business at Mattituck, Suffolk County, New York,
rrte�.. the mortjayee
That to secure the payment of an indebtedness in the num of
-------Five thousand (,$5000.00 )------------------------------- Dollars,
# xi lawful money of the United States, x*Kxirax�®i
with interest on the unpaid balance thereof, to be computed from the
date hereof, at the rate of 4% per annum, the mortgagors do covenant
to pay the morgagee by payment of $30.30 on the first day of March,
1946 and thereafter in payments of $30.30 on the first day of each
succeeding month until February 1, 1966 when the entire unpaid balance
of principal shall become due and payable.
The mortgagors shall have the right to pay at any time the entire
unpaid balance or any part thereof, and any such prepayment shall be
credited to the unpaid principal balance as of the due date of the
next installment
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according to a certain bond or obligation bearnj even date herewith,
the mortt¢afor hereby m07-tis.9e to the mortialee All that tract or parcel
of land with the buildings and improvdments thereon situated at Mat-
tituck, Southold Town, Suffolk County, New York, bounded and described
as follows: Beginning at a point or monument on the Easterly side of
Wickham Avenue and the Southerly side of Hamilton Avenue and running
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thence along Hamilton Avenue North 700 341 40" East 273.50 feet to land j
formerly of James H. Young; thence running along said land formerly of
MTG.i.�J/S3 PAGE 428
Bond; thence running along said land of Bond South 700 36' 30" West
271.41 feet to Wickham Avenue; thence running North 260 009 West 80.00
feet to the point or place of beginning.
Together with all the right, title and interest of the mortgagor of,
in and to Wickham and Hamilton Avenues adjoining said premises to the
center lines thereof
Being and intended to be the same premises conveyed to the morgagors
by Stephen if. Gondola and others by deed dated November 10, 1945 and `
delivered this date, this being a purchase money mortgage to secure
part of the consideration for said deed and to be recorded simul-
taneously with said deed.
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Ml G.E.t�/.d� rALc'iUll
litate of Nriv V' Qrk
Q:0UIltg of Suffolk `;�••
of
on this �� day of February Nineteen Hundred and j
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forty-six before me, the subscriber, personally appeared
B.
ALBERT C. HARKER and KATHERINE/HARKER f�
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to me personally known and known to me to be the same person described
in and who executed the within Instrument, and they duly severally
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acknowledged to me that t hey executed thea I
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suffolk County Clerk's Office Notary Fublio, Suffolk County
received as recording tax
the within inatru—mla�,?J
Date-�pT�
R,Pond Hughm RECORDED
County Clerk of Suffolk County
r E S 131946
@a9pM.
R.FORD HUGHES ..
Clark of Suffolk Couad.
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dltrot, That the FWrtgagbrs will pay the ind/btedness as hereinbefore
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I: provided.
�FDfOlta. That the mortgagor will keep the buildings on the premises insured
0 against loss by fire for the beneflt of the mortgagee
'i QW. That no building on the premises shall be removed or demolished
without the consent of the mortgagee
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ZfM& That the whole of said principal sum shall become due after default,
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j, in the payment of any installment ,
t xxxxxxxXXcxxxxxm*qu5 or after default in the payment of any tax,water
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rate or assessment for gp days after notice and demand.
.�ltbilA. That the holder of this mortgage, in any action to foreclose it, f
I shall be entitled to the appointment" of a receiver.
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�tatd6. That the mortgagor will pay all taxes, assessments or water rates,
and in default thereof, the mortgagee may pay the same.
FbFtt$�9. That the mortgagors within 5 days upon request in person
or within 1p days upon request by mail will furnish a statement of the
I� amount due on this mortgage.
t181. That notice and demand or request may be in writing and. may
be served in person or by mail.
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.ltDt That the mortgagors warrant the title to the premises.
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i! That the mortgagors will receive the advances secured by this
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mortgage and will hold the right to receive such advances as a trust fund to be
applied first for the purpose of paying the cost of improvement, and will apply
the same first to the payment of the cost of improvement before using any part
of the total of the same for any other purpose.
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�t " ttu elrrrof, this mortgage has been duly executed by
the mortgagor a
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