Preview
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
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FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
Page 1 of 12
ONONDAGA
COUNTYCLERK*SOFFICE
LISA DELL - COUNTYCLERK
401 Montgomery St - Room 200 Phone: 315-435-2226
Syracuse, NY 13202 Fax: 315-435-3455
Doc Type: MTG Receipt: 1346083 CP
Mortgagor: PAOLETTIKRISTEN N Book/Page: 18269/0001 Inst: 12740
Mortgagee: PARAGON
HOMELOANSINC Date Filed: 04/18/2017 at 3:16PM
MERS As NOMINEE Updated: 04/19/2017 DS
Record and Return To:
Legal Desc: SALL66 MATTYDALE
(MAN) HOMELOANSINC
PARAGON
CAMPUSWOOD
5010 DR STE 205
EASTSYRACUSENY
13057
Prop Address: 221 MATTYAVE Subrnitted by: BLRPS
Recording Fees Miscellaneous Fees
Addi pages: 11 x 5.00 = $ 55.00 RMl: $ 20.00
Addi Narnes: 0 x 0.50 = $ 0.00 TP 584: $ 0.00
Addi Refs: 0 x 0.50 = $ 0.00 RP5217: $ 0.00
Misc: 0.00 AFFTS: $ 0.00
Basic S25.50
=========== ===========
TOTAL: $80.50 TOTAL: $ 20.00
MORTGAGE
TAX DEEDTRANSFERTAX
Mortgage: $92338.00 Consideration
Basic: $461.50 Transfer Tax: $0.00
Ins Fund: $230.75 SWIS:
Net Add: . $205.75 Map#:
Misc: $0.00 ===========
=========== Total Paid $ 998.50
TOTAL $898.00 Control no D1592
WARNING- This sheet constitutes the Clerk's endorsement, required by Section 319 of the Real
Property Law of the State of NewYork. Do not detach. Taxes imposed on this instrument at time
of recording were paid. Certain information contained in this document is not verified by this
office.
LISA DELL
OnondagaCounty Clerk
Book/Page 18269 / 0001 Instrument no.: 12740
Book: 18269 Page: 1 File Number: 2017-000 12740 Seq: 1
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
Whenrecorded, retum to:
Paragon Home Loans, inc.
Post Closing
5010 CampuswoodDr
SuNo 205
East Syr-u-.NY incer CERTI FIED TRUE
COPr
.--__ _ __._ [$giac"Above
Thisthe ForRetanlingDate) --
USEDOFTENIN THIS DOCUMENT
WORDS
" together wim an Ridersto tNs
(A) "Security Instrument TNsdocument which "
is dated April 17, 201T,
document will be cagedthe 'Socurky Insrumong
"Borrower." KRISTEN N
(B) PAOLETTl,
wetoseaddress is 5562 Bear RdApt 13;North Syracuse, NY13212,
somodmas wEbe called
'Gorrower"
and sometimes simply orT 'hie.'
"MERS"is Mortgage ElectrorlicRegistraGonSystems,Inc. MERS is a separagecorporadonthat is actbg solely as a
(C)
nomineefor Leader and Lander'ssuccessorsand assigns.MERSisergardzedand existing under the laws of Delaware,
and has a maillng ad$ess of RO. Box 2026. FinL MI 48501-202ti and a sweet addfoss of 1901 E Voorhces Street
Suito C. Denvilo. IL61834. The MERS telephonenumber is (888)679-MERS. FORPURPOSES OFRECORDING THIS
MORTGAGE. MERS IS THEMORTGAGEE OFRECORD.
"Lander." Paragon Holne I.oans, Inc.,
(D)
'Lender."
wig be calfed
Leader is a corporadonor associationwhich exists under the laws of NewYork.
Lender's address is 5010Casspuswood Dr. East Syracuse, NY13057
(E)
"Note." The note signed Borrowerand dated Apoll 17, 2017,
by udllbe called Ihe Wate.' The Note
shows that I oweLender NINETYWifO THOUSAND THREEHtJNDREDTI4tRTY EIGHT ANDNOI100* * * * * * * * *
.. .. .... ...... .. . .............. .. ... .. . ... ..... .."""" Datars (U.S. 59 00 )
pkesinterest and other amournsU1atmaybe payable.I have promisedto pay INs debt in Periodic Payrnontsand mpay
the debt in ful by May1, 2047. Property."
"Propovty." The wil be caNedtho
(F)
"Property.* property that is descrbed below in the section tided "Descriptionof the
"Loart" The 'Loan' moans the dobt ovidenced by the Notc. plus interest late charges duo under the Note, and all
(G)
sums due under this Security Instrument.plus Interest
(H) "Sutne 8"oured? The amountsdescribedbelow in the sectiontided 'Borrower's Transferlo Lander of Rightsin the
Property" Secured.*
somc0nics will be called the "Sums Siders." The
(I) "Riders? AII Riders agached mINs Securty instrurnent Ihat aro signed by Borrower wil be called
following Riders are lo be signed_ybBorrower (checkbox as appNcable);
O Adjustable Rate Ridct tJ CondominiumRider O PlannedUnit DevelopmaritRidor
O Other(s) (specifyl
NIEwYoRK- singleFenlly- FanninMaarrmIdisAlaeunlFORAlelSTRUMENTFenn3Gs3tie1
s.r maomomHuo
nexsned u.ndoo44oson
Bin Maedna Page 1 of 10 NYEFmisCEo916
WEDeEo fata)
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
Law." All
(J) "Applicable controlling applicablefederal,state and local statutes,regulations,ordinancesand administra.
tive rules and orders (that have the effect of law) as well as all applicable final, non-appealable.judicial opinions will be
called "ApplicableLaw?
Assessments," All dues,
(K) "Community Association Dues, Feas, and fees, assessmentsandothercharges that are
imposedon Borroweror the Propertyby a condominiumassociation,homeownersassociationor similarorganizationwill
be called *CommunityAssociationDues, Fees,andAssessments
Transfer." "ElectronicFunds Transfer" means
{L) "Electronic Funds any transfer of money,otherthan by check, draft,
or similar paperInstrument which is InltJatedthroughan electronicterminal,telephonicInstrument computer,or magnetic
tape so as to order,instruct, or authorizea financial institutionto debit or credit an account. Somecommon examples of
an ElectronicFunds Transferare point-of-saletransfers (where a card such as an asset or debit card is used at a mer-
chant), automatedteller machine (or ATM) transactions,transfers initiated by telephone,wire transfers,and automated
clearinghousetransfers.
Items." Those items that are described in Section 3 will be called "Escrowitems?
(M) "Escrow Proceeds." "Miscellaneous Proceeds' means
(N) "Miscellaneous any compensation,settlement.award of damages.
or proceedspaid by any third party (other than insuranceProceedsas defined In, and paidunderthe coveragedescribed
in Section 5) for: (i) damage to, or destructionof, the Property: (ii) Condemnationor other taking of all or any part of the
Property:(lli) conveyancein lieu of Condemnationor sale to avoid Condemnation:or (iv) misrepresentationsof, or omis-
sions as to. the value and/orconditionof the Property.A taking of the Propertyby any governmentalauthority by eminent
domain is known as "Condemnation'
Insurance," 'Mortgage Insurance"means insurance
(0) "Mortgage protecting Lender against the nonpaymentof, or
default on, the Loan.
Payment" The regularly scheduledamount due for (i) principal and interest under the Note. and (ii) any
(P) "Periodic Payment"
amountsunder Section3 will be called "Periodic
"RESPA." "RESPA"meansthe Real EstateSettlementProceduresAct (12 U.S.C.§2601et
(Q) seq,)andits implementing
regulation,RegulationX (12 C.F.R.Part 1024),as they might be amendedfrom time to time, or any additionalor succes-
legislationor "RESPA"
sor regulationthat govems the same subjectmatter.As used in this Security Instrument refers to
loan" even if
all requirementsand restrictionsthat are imposed in regard to a "federally related mortgage the Loan does
Ioan"
not qualify as a 'federally related mortgage under RESPA.
"Secretary" means the
(R) Secretary of the United States Department of Housing and Urban Development or his
designee.
BORROWER'S TRANSFER TOLENDEROFRIGHTS IN THEPROPERTY
Imortgage, grantand convey the Propertyto MERS (solely as nomineefor Leaderand Lender'ssuccessorsand assigns)
and IIs successorsand assigns subject to the terms of this Security Instrument.This means that, by signing this Security
Instrument I amgMngLenderthose rights that are statedin this Security Instrumentand also thoserightsthatApplicable
Law givesto lenderswhohold mortgageson real property.I amgiving Lenderthese rightsto protectLenderfrom possible
losses that might result if I fail to:
(A) Pay all the amountsthat I owe Lenderas stated in the Note including, but not limitedto, all renewals,extensions
and modificationsof the Note;
(B) Pay, with interest, any amounts that Lender spends under this Security instrument to protectthe value of the
Property and Lender's rights in the Property:and
(C) Keep all of myother promises and agreementsunderthis Security Instrumentand the Note.
I understandandagreethat MERS holds only legal title to the rightsgranted by mein this SecurityInstrument.but, if nec-
essary to comply with law or custom, MERS (as nomineefor Leaderand Lender's successorsand assigns)has the right:
(A) to exercise any or all of those rights, including,but not limited to, the right to foreclose and sell the Property;and
(B) to take any actionrequiredof Lenderincluding,but not limitedto, releasing and cancelingthis Security Instrument.
DESCRIPTIONOFTHEPROPERTY
I give MERS (solely as nominee for Lender and Lender's successors and assigns) rights In the Property described in
(A) through (G) below:
(A) The Propertywhich is locatedat 221 Matty Ave, Mattydale,
[City,TownorVillagel
|Streetl
NewYork 132114632.
[2ipCode]
This Property is in Onondaga County.It has the following legal description:
SEELEGALDESCRIPTIONATTACHED ANDMADE
HERETO A PARTHEREOFAS "EXHIBIT A".
APN#: 06140-32.0
NEW YORK- SingleFamuy
- FannieMaefFreddie INSTRuMENT Form30331/01
MacUNIFORM
ModiredforFHA9/2014(HUDHandbook4000.1)
EllioMae,inc Page 2 of 10 NYEFHAtsDEo915
NYEDEED(CLS)
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NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
(B) AI)buildingsand other improvementsthat are locatedon the Propertydescribedin subsection (A) of this section:
(C) All rights in other property that I have as owner of the Property describedin subsection(A) of this section.These
rightsare known as "easements and appurtenancesattached to the Property:"
(D) All rights that I have in the land which lies in the streets or roads in front of, or next 10,the Property describedin
subsection(A) of this section;
(E) AIIfixtures that are now or in the futurewill be on the Propertydescribed in subsections(A) and (B) of this section;
(F) Allof the rights and propertydescribedin subsections(B) through (E) of this sectionthat I acquireinthe future:and
(G) All replacementsof or additions to the Property described In subsections (B) through (F) of this sectionand all
InsuranceProceedsfor loss or damageto, and all MiscellaneousProceedsof the Propertydescribedin subsections
(A) though (F) of this section.
BORROWER'S RIGHT TOMORTGAGE THEPROPERTY ANDBORROWER'S OBLIGAT.NTODEFEND OWNER-
SHIP OFTHEPROPERTY
I promisethat: (A) I lawfully own the Property; (B) I have the right to mortgage,grant and convey the Property to Lender;
and (C) there are no outstanding claims or charges againstthe Property,except for thosewhich are of public record.
I give a general warranty of title to Lender.This means that I will be fully responsiblefor any losseswhich Lendersuffers
because someone other than myself has some of the rights in the Property which 1promisethat I have. I promise that
I will defend myownership of the Property against any claims of such rights.
PLAIN LANGUAGE SECURITY INSTRUMENT
This Security Instrumentcontains promises and agreementsthat are used in reaf propertysecurity instrumentsall over
the country.It also contains other promises and agreementsthat vary in different partsof the country. Mypromises and
agreementsare stated in "plain language "
COVENANTS
I promiseand I agree with Lenderas follows:
t Borrowers Promise to Pay. I will pay to Lender on time principal and interest due under the Note and late
chargesandotheramountsdue underthe Note.Iwill also pay all amountsfor Escrowitemsunder Section3 of this Security
Instrument.
Paymentsdue under the Note and this Security Instrumentshall be made in U.S. currency.If any of mypayments by
check or other paymentinstrumentis retumed to Lenderunpaid, Lender mayrequire my paymentbe madeby: (a) cash:
(b) money order; (c) certified check, bank check, treasurers check or cashiers check, drawn upon an institutionwhose
depositsare insured by a federal agency,instrumentality,or entity; or (d) ElectronicFunds Transfer.
Paymentsare deemed received by Lenderwhen receivedat the location requiredin the Note,or at anotherlocation
designatedby Lender under Section 14 of this Security Instrument.Lender may retum or accept any paymentor partial
paymentif it is for an amount that is less than the amount that is then due. If Lenderacceptsa lesser payment, Lender
mayrefuse to accept a lesser paymentthat I maymake in the future and does not waive any of its rights. Lenderis not
obligatedto apply such lesser paymentswhen It acceptssuch payments.If interest on principal accruesas if all Periodic
Paymentshad been paid when due, then Lenderneed not pay intereston unapplied funds.Londer mayhold such unap-
plied funds until I make payments to bring the Loan current if I do not do so within a reasonableperiod of time. Lender
will either apply such funds or retum them to me. In the event of foreclosure, any unappliedfunds will be applied to the
outstanding principal balance immediately prior to foreclosure.Nooffset or claim which I might have now or in the future
against Lenderwill relieve mefrom making payments due under the Note and this Security Instrumentor keeping all of
myother promisesand agreementssecured by this Security instrument.
2. Application of Borrowers Payments and Insurance Proceeds. UnlessApplicableLawor this Section2 requires
otherwise, Lenderwill apply each of mypaymentsthat Lenderaccepts in the following order:
First. to the MostgageInsurance premiumsto be paid by Lender to the Secretary or the the monthly charge by the
Secretary insteadof the monthly mortgageinsurancepremiums:
Second, to any taxes. special assessments,leasehold payments or ground rents, and fire. flood and other hazard
insurancepremiums,as required:
Third,to interest due under the Note;
Fourth,to arnortizationof the principalof the Note: and.
Fifth,to late charges due under the Note.
If Lenderreceivesa paymentfrom mefor a late PeriodicPaymentwhich includesa sufficientamount to pay any late
charge due, the paymentmaybe appliedto the late PeriodicPaymentand the late charge.If morethan one PeriodicPay-
ment is due, Lender mayapply any paymentreceivedfrom me: First, to the repaymentof the Periodic Paymentsthat are
due if. and to the extentthat, each paymentcan be paid In fult Next,to the extentthat any excessexistsafter the payment
is appliedto the full paymentof one or more PeriodicPayments2such excess may be appliedto any late chargesdue.
Any application of payments, insurance Proceeds,or Miscellaneous Proceedsto principaldue under the Note will
not extendor postponethe due date of the PeriodicPaymentsor change the amountof those payments.
3. Monthly Payments For Taxes And Insurance.
(a) Borrowers Obligations. 1willpay to Lenderon the day PeriodicPaymentsaredue underthe Note,untilthe Note
is paid in full, a sumto provide for payment of amounts due for: (a) taxes and assessmentsand other items which can
attain priority over this Security Instrumentas a lien or encumbranceon the Property;(b) leaseholdpayments or ground
rentson the Property,if any: (c) premiumsfor any and ailinsurance required by LenderunderSection 5: and (d) Mortgage
insurancepremiumsto be paid by Lenderto the Secretaryor the monthly charge by the $ecretary insteadof the monthly
MortgageInsurancepremiums.These itemsare called ˆscrow Items,' At originationor at any time during the term of the
Loan, Lender mayrequire that CommunityAssociation Dues, Fees, and Assessments.if any.be escrowed by Borrower.
and such dues, fees and assessmentsshall be an EscrowItem.
After signing the Note, or at any timeduring its term, Lendermayincludethese amountsas Escrowitems.The monthly
paymentI will make for Escrow Itemswill be based on Lenders estimate of the annual amountrequired.
NEWYoRK- SingleFamily- FannieMae/Freddie
MacuNIFORM
INSTRUMENTFonn30331/01
Modified
forFHA9/2014(HUDHandbook4000.1)
EMeMee,inc- Page 3 of 10 NYEFHAtSDE
o915
NYEDEED
(CLs)
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
I will pay all of these amounts to Lender unless Lender tells me, in writing, that I do not have to do so. or unless
ApplicableLaw requires otherwise. I wlil make these payments on the same day that myPeriodic Paymentsof principal
and Interestare due under the Note.
The amounts that I pay to Lender for Escrow Items under this Section 3 will be called *Escrow Funds? I will pay
Londerthe Escrow Funds for Escrow Items unless Leader waives myobligationto pay the Escrow Funds for any or all
Escrow items. Lender maywaive myobligation to pay to Lender Escrow Fundsfor any or all Escrow Items at any time.
Any such waiver must be in writing. in the event of such waiver, I will pay directly,when and where payable.the amounts
due for any Escrow Items for which payment of Escrow Funds has been waived by Lender and, if Lender requires, will
obligation
promptly send to Lender receipts showing such payment within such time period as Londer mayrequire. My
to make such payments and to provide receipts wlil be considered to be a promise and agreement contained in this
agreements'
Security Instrument. as the phrase 'promises and is used in Section 9 of this Security Instrument. If I am
obligatedto pay Escrow Itemsdirectly.pursuant to a waiver, and I falito pay the amount due for an EscrowItem, Lender
may pay that amount and I will then be obligated under Section 9 of this Security Instrumentto repay to Lander. Lender
may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 14 of
this Security Instrument and, upon the revocation, I will pay to Lender all EscrowFunds, and in amounts. that are then
requked under this Section 3.
I promiseto promptlysend to Lenderany noticesthat I receiveof EscrowItemamountsto be paid. Lenderwill estimate
from time to time the amountof Escrow Funds I will have to pay by usingexisting assessmentsand bills and reasonable
estimates of the amount I will have to pay for Escrow Items in the future,unless Applicable Law requires Lenderto use
another method for determining the amount I amto pay.
Lendermay.at any time, collect and hold Escrow Funds In an amountsufficientto permit Landerto apply the Escrow
Funds at the time specified under RESPA.Applicable Law puts limits on the total amount of Escrow Funds Lender can
at any time collect and hold. This total amount cannot be more than the maximumamount a lender could require under
RESPA.If there is anotherApplicable Law that imposes a tower limit on the total amount of Escrow Funds Lender can
collect and hold, Londerwill be limited to the lower amount
depos-
(b) Lander's Obligations. Lenderwill keep the EscrowFundsin a savingsor bankinginstitutionwhich has its
its insured by a federal agency,instrumentality.or entity.or in any Federal HomeLoanBank. If Londer is such a savings
or banking institution. Lender may hold the Escrow Funds. Lender will use the Escrow Funds to pay the Escrow Items
no later than the time allowed under RESPA or other Applicable Law. Lenderwill give to me. without charge. an annual
accounting of the Escrow Funds. That accounting will show all additionsto and deductionsfrom the EscrowFunds and
the reason for each deduction.
Lender may not charge mefor holding or keeping the Escrow Funds, for using the Escrow Funds to pay Escrow
Items, for making a yearly analysisof my paymentof Escrow Funds or for receiving,or for verifying and totaling assess-
ments and bills. However,Lender may charge mefor these servicesif Lenderpays meintereston the EscrowFunds and
if Applicable Law permits Lenderto make such a charge. Lenderwill not be requiredto pay meany Interestor eamings
on the EscrowFundsunless either (1) Lenderand I agree in writing that Londerwill pay interest on the EscrowFunds. or
(2) ApplicableLaw requires Lender to pay intereston the EscrowFunds.
(c) Adjustments to the Escrow Funds. Under Applicable Law, there is a limit on the amount of Escrow Funds
Londer mayhold. If the amount of Escrow Funds held by tender exceedsthis limit, then there will be an excess amount
and RESPA requires Lenderto accountto mein a special manner for the excessamount of Escrow Funds.
II. at any time, Lender has not received enough Escrow Funds to make the payments of Escrow Items when the
payments are due, Lender may teti mein writing that an additional amount is necessary.I will pay to Lender whatever
additional amount is necessary to pay the Escrow Items when the paymentsare due, but the number of paymentswill
not be more than 12.
WhenI have paid all of the Sums Secured, Lenderwill promptly refundto meany Escrew Funds that are then being
held by Leader.
4. Borrower's Obligation to Pay Charges, Assessments And Claims. I will pay all taxes, assessments.water
charges, sewer rents and other similar charges, and any other charges and fines that may be imposed on the Property
and that may be superior to this Security instrument. I wit also make ground rents or payments due under my lease if
I ama tenant on the Propertyand CommunityAssociation Dues, Fees, and Assessments(if any) due on the Property.If
these items are EscrowItems,I will do this by making the paymentsas describedin Section 3 of this Security instrument.
"Person"
In this Security Instrument.the word means any individual,organization,govemmental authority or other party,
I will promptlypay or satisfy all Uens againstthe Propertythat maybe superiorto this Security instrument However,
this Security Instrumentdoes not require meto satisfy a superior Lienif: (a) I agree.in writing, to pay the obligationwhich
gave rise to the superior Uen and Lenderapprovesthe way in which I agreeto pay thatobligation,but only so long as I am
performing such agreement:(b) in good faith, I argue or defend againstthe superiorLlen in a lawsuit so that in Lenders
opinion, during the lawsuit,the superior Lien maynot be enforced,but only until the lawsuit ends: or (c) I securefrom the
holder of that other Lionan agreernent.approvedin writing by Lender,that the Lienof this Security Instrumentis superior
to the Llen held by that Person. If Lenderdetermines that any part of the Propertyis subject to a superior Lien, Lender
maygive Borrowera notice identifyingthe superiorLien. Within 10 daysof thedate on which the noticeis given, Borrower
shall pay or satisfy the superiorUen or take one or more of the actions mentionedin this Section 4.
5. Borrower's Obilgation to Maintain Hazard Insurance or Property insurance. I will obtain hazardor property
locatedon the Property The
insuranceto cover all buildingsand other Improvementsthat now are, or in the futurewill be,Coverage"
insurancewill cover loss or damage caused by fire, hazards normallycovered by "Extended hazardinsurance
policies, and any other hazardsfor which Lenderrequires coverage,including,but not limited to earthquakesand floods.
The insurancewillbe in the amounts(including,but not limitedto, deductiblelevels) andfor the periodsof time required by
Lender.What Lenderrequiresunderthe lastsentencecan changeduring thetermof the Loan.I maychoosethe insurance
company,but mychoice is subjectto Lenders right todisapprove. Lendermay not disapprovemy choice unlessthe disap-
provalis reasonable.Lendermay requiremeto pay either(a) a one-timechargefor Iloodzone determination,certificationand
trackingservices, or (b) a one-timechargefor flood zone determinationandcertificationservicesand subsequentcharges
eachtime remappingsor similarchangesoccurwhichreasonably mightaffectthefloodzonedeterminationor certification.If
Idisagree with the floodzone determination,I may requestthe FederalEmergencyManagementAgency to reviewthettood
zone determinationand I promisetopay any fees charged by the Federal EmergencyManagementAgency forIts review.
NEW
YOftK- SingleFamily
- FanoleMaolFreddle INsTRuMENT Form30331/01
MacUNIFORM
forFHA9/2014(HUDHandbook
Modified 40003)
EIHe
Mae,Mc- Page 4 of 10 NYEFHA15DEo915
NYEDEED(CLS)
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024
If I fail to maintain any of the insurance coverages described above, Lender mayobtain insurance coverage, at
Lender's option and myexpense. LenderIs under no obligationto purchase any particulartype or amountof coverage.
Therefore.such coveragewill cover Lender,but might or might not protect me, myequity In the Property.or the contents
of the Property.against any risk, hazard or liability and might provide greater or lesser coverage than was previously In
effect. I acknowledgethat the cost of the insurance coverage so obtained might significantly exceed the cost of insur-
ance that I could have obtained.Any amountsdisbursed by Lender under this Section 5 will become myadditionaldebt
secured by this Security Instrument.These amounts will bear interest at the interest rate set forth in the Note from the
date of disbursementand will be payablewith such laterest upon noticefrom Lenderto merequesting payment.Clause"
All of the insurancepoliciesandrenewalsof thosepolicieswill includewhat is knownas a "StandardMortgage
to protect Lender and will nameLeader as mortgagee andlor as an additional loss payee. The form of all policies and
renewalswill be acceptableto Lender.Lenderwill have the right to hold the policies and renewal certificates. If Lender
requires, I will promptly give Lenderall receiptsof paid premiumsand renewalnotices that I receive.
IfI obtainanyfom1ofinsurancecoverage,nototherwisorequiredby Lender,fordamageto, or destructionof,the Propesty,
such policywill includea StandardMortgageClauseandwill nameLenderas mortgageeand/oras anadditionalloss payee.
if thereis a lossor damageto the Propetty,Iwill promptlynotify the insurancecompanyand Lender.If I do not promptly
prove to the insurance company that the loss or damageoccurred.then Lender maydo so. '
The amountpaid by the insurancecompanyfor loss or damageto the Propertyis called 'Insurance Proceeds Unless
Lender and I otherwiseagree in writing, any Insurance Proceeds,whether or not the underlying insurancewas required
by Lender,will be used to repair or to restorethe damaged Propertyunless: (a) it is not economicallyfeasibleto makethe
repairs or restoration:(b) the use of the InsuranceProceedsfor that purposewould lessenthe protectiongiven to Lender
by this Security instrument:or (c} Lenderand I haveagreed in writing not to use the InsuranceProceedsfor that purpose.
Duringthe periodthat any repairsor restorationsare being made, Leadermayhold any insuranceProceedsuntilit has had
an opportunityto inspectthe Propertyto verify that the repairwork has been completedto Lenders satisfaction.However,
this inspectionwill be done promptly,Lender may make paymentsfor the repairs and restorationsin a single paymentor
in a seriesof progresspaymentsas the work is completed.UnlessLenderand I agree otherwiseIn writing or unless Appli.
cable Law requires otherwise,Leaderis not requiredto pay meany interestor eamings on the InsuranceProceeds.I will
pay for any public adjustersor otherthird partiesthat I hire,and theirfees will not be paid out of the losuranceProceeds.If
the repair or restorationIsnot economicallyfeasibleor If it would lessenLender'sprotectionunderthis Security Instrument,
then the InsuranceProceedswill be used to reducethe amountthat I owe to Lenderunder this Security Instrument Such
InsuranceProceedswill be appliedIn the order providedfor in Section2. if any of the InsuranceProceedsremainafter the
amount that I owe to Lenderhas been paid in fult the remainingInsuranceProceedswill be paid to me.
If I abandonthe Property,Lender may file, negotiateand settle any available insuranceclaim and relatedmatters. If
I do not answer, within 30 days, a notice from Lender stating that the Insurance company has offered to settle a claim,
Lender maynegotiate and settle the claim. The 30-day period will begin when the notice is given. in either event, or if
Lender acquires the Property under Section 24 of this Security instrument or otherwise, I give Lender myrights to any
InsuranceProceedsin anamount not greaterthanthe amountsunpaidunder the Noteandthis Security Instrument.I also
give Londer any other of myrights (otherthan the right to any refundof unearnedpremiumsthat l paid) underall insurance
policies covering the Property,If the rights are applicableto the coverageof the Property.Lender may use the Insurance
Prococds cither to repair or restorothe Property or to pay amountsunpaid under the Noto or this Secudty Instrument,
whether or not then due.
6. Borrower's Obligations to Occupy The Property. Iwill occupythe Propertyand usethe Propertyas myprincipal
residencewithin60 days after I sign this Security instrument I willcontinueto occupy the Propertyand to use the Property
as myprincipalresidencefor at least one year.The one-yearperiodwill beginwhen I first occupy the Properly.However,
I wlil not have to occupy the Propeny and use the Propertyas myprincipalresidencewithinthe timeframes setforth above
if Leaderagreesin writing that I do nothave to do so. I alsowill nothaveto occupy the Propertyand use the Propertyas my
principalresidencewithinthe time frames set forthabove IIextenuating circumstancesexist which are beyond mycontrol.
7. Borrower's Obilgations to Maintain And Protect The Property And to Fulfill Any Lease OblIgations,
(a) Maintenance and Protection of the Property, I will not destroy,damage or harm the Property,and I will not
allow the Property to deteriorate.Whether or not I amresiding in the Property I will keep the Property in good repair so
that Itwill not deteriorateor decreaseIn value due to its condition.UnlessIt ts determinedunder Section 5 of this Security
Instrumentthat repairis not economicallyfeasible,I will promptly repairthe Propertyif damagedto avoidfurther deteriora-
tion or damage.If insuranceor Condemnation(as definedin the definitionof MiscellaneousProceeds)proceedsare paid
because of loss or damage to, or Condemnationof, the Property,I will repair or restore the Property only if Lender has
released those proceedsfor such purposes. Lender may pay ror the repairs and restorationout or proceeds in a single
payment or in a series of progress payments as the work is completed. If the insuranceor Condemnationproceedsare
not sufficient to repair or restorethe Property,I promise to pay for the completionof such repair or restoration.
If condemnationproceedsare paid in connectionwith the taking of the property,Lander shall apply such proceedsto
the reduction of the indebtednessunder the Note and this Security Instrument first to any delinquentamounts,and then
to payment of principal Any applicationof the proceedsto the principalshall not extend or postponethe due date of the
monthly paymentsor change the amount of such payments,
(b) Lendors Inspection of Property. Lender,and others authorizedby Lender,may enter on and inspectthe Prop-
erty. They will do so in a reasonablemannerand at reasonabletimes.If it has a reasonablepurpose,Lender mayinspect
the inside of the home or other Improvemontson the Property,Beforeor at the time an inspectionis made, Lenderwill
give menotice stating a reasonablepurpose for such interiorinspection.
8, Borrower's Loan Application, If, during the applicationprocessfor the Loan, I, or any Personor entityacting at
mydirection or with myknowledge or consent made false, misleading,or inaccurate statementsto Lender about infor-
mation important to Lender in determining myeligibility for the Loan (or did not provide Lender with such information),
Lenderwill treat myactionsas a defaultunderthis Security Instrument.False,misleading,or inaccuratestatementsabout
informationImportantto Lender would include a misrepresentationof myintention to occupy the Property as a principal
residence. This isjust one exampleof a false, misleading,or inaccuratestatementof important information.
9. Leader's Right to Protect Its Rights In The Property. If: (a) I do not keep mypromises and agreementsmade
in this Security Instrument;(b) someone, includingme, begins a legai proceeding that may significantly affect Leaders
interest in the Property or rights under this Security Instrument(such as a legal proceedingin bankruptcy,in probate,for
NEW YORK- singleFamily
-FannieMae1Freddie INSTRUMENTForm30331/01
MacUNIFORM
forFHA9/2014(HUDHandbook
Modified 4000-1)
EgieMao,inc. Page 5 of 10 09ts
NYEFHA15DE
NYEDEED
(oLS)
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024
NYSCEF DOC. NO. 5
Preview
FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 2 FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 Page 1 of 12 ONONDAGA COUNTYCLERK*SOFFICE LISA DELL - COUNTYCLERK 401 Montgomery St - Room 200 Phone: 315-435-2226 Syracuse, NY 13202 Fax: 315-435-3455 Doc Type: MTG Receipt: 1346083 CP Mortgagor: PAOLETTIKRISTEN N Book/Page: 18269/0001 Inst: 12740 Mortgagee: PARAGON HOMELOANSINC Date Filed: 04/18/2017 at 3:16PM MERS As NOMINEE Updated: 04/19/2017 DS Record and Return To: Legal Desc: SALL66 MATTYDALE (MAN) HOMELOANSINC PARAGON CAMPUSWOOD 5010 DR STE 205 EASTSYRACUSENY 13057 Prop Address: 221 MATTYAVE Subrnitted by: BLRPS Recording Fees Miscellaneous Fees Addi pages: 11 x 5.00 = $ 55.00 RMl: $ 20.00 Addi Narnes: 0 x 0.50 = $ 0.00 TP 584: $ 0.00 Addi Refs: 0 x 0.50 = $ 0.00 RP5217: $ 0.00 Misc: 0.00 AFFTS: $ 0.00 Basic S25.50 =========== =========== TOTAL: $80.50 TOTAL: $ 20.00 MORTGAGE TAX DEEDTRANSFERTAX Mortgage: $92338.00 Consideration Basic: $461.50 Transfer Tax: $0.00 Ins Fund: $230.75 SWIS: Net Add: . $205.75 Map#: Misc: $0.00 =========== =========== Total Paid $ 998.50 TOTAL $898.00 Control no D1592 WARNING- This sheet constitutes the Clerk's endorsement, required by Section 319 of the Real Property Law of the State of NewYork. Do not detach. Taxes imposed on this instrument at time of recording were paid. Certain information contained in this document is not verified by this office. LISA DELL OnondagaCounty Clerk Book/Page 18269 / 0001 Instrument no.: 12740 Book: 18269 Page: 1 File Number: 2017-000 12740 Seq: 1 FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 Whenrecorded, retum to: Paragon Home Loans, inc. Post Closing 5010 CampuswoodDr SuNo 205 East Syr-u-.NY incer CERTI FIED TRUE COPr .--__ _ __._ [$giac"Above Thisthe ForRetanlingDate) -- USEDOFTENIN THIS DOCUMENT WORDS " together wim an Ridersto tNs (A) "Security Instrument TNsdocument which " is dated April 17, 201T, document will be cagedthe 'Socurky Insrumong "Borrower." KRISTEN N (B) PAOLETTl, wetoseaddress is 5562 Bear RdApt 13;North Syracuse, NY13212, somodmas wEbe called 'Gorrower" and sometimes simply orT 'hie.' "MERS"is Mortgage ElectrorlicRegistraGonSystems,Inc. MERS is a separagecorporadonthat is actbg solely as a (C) nomineefor Leader and Lander'ssuccessorsand assigns.MERSisergardzedand existing under the laws of Delaware, and has a maillng ad$ess of RO. Box 2026. FinL MI 48501-202ti and a sweet addfoss of 1901 E Voorhces Street Suito C. Denvilo. IL61834. The MERS telephonenumber is (888)679-MERS. FORPURPOSES OFRECORDING THIS MORTGAGE. MERS IS THEMORTGAGEE OFRECORD. "Lander." Paragon Holne I.oans, Inc., (D) 'Lender." wig be calfed Leader is a corporadonor associationwhich exists under the laws of NewYork. Lender's address is 5010Casspuswood Dr. East Syracuse, NY13057 (E) "Note." The note signed Borrowerand dated Apoll 17, 2017, by udllbe called Ihe Wate.' The Note shows that I oweLender NINETYWifO THOUSAND THREEHtJNDREDTI4tRTY EIGHT ANDNOI100* * * * * * * * * .. .. .... ...... .. . .............. .. ... .. . ... ..... .."""" Datars (U.S. 59 00 ) pkesinterest and other amournsU1atmaybe payable.I have promisedto pay INs debt in Periodic Payrnontsand mpay the debt in ful by May1, 2047. Property." "Propovty." The wil be caNedtho (F) "Property.* property that is descrbed below in the section tided "Descriptionof the "Loart" The 'Loan' moans the dobt ovidenced by the Notc. plus interest late charges duo under the Note, and all (G) sums due under this Security Instrument.plus Interest (H) "Sutne 8"oured? The amountsdescribedbelow in the sectiontided 'Borrower's Transferlo Lander of Rightsin the Property" Secured.* somc0nics will be called the "Sums Siders." The (I) "Riders? AII Riders agached mINs Securty instrurnent Ihat aro signed by Borrower wil be called following Riders are lo be signed_ybBorrower (checkbox as appNcable); O Adjustable Rate Ridct tJ CondominiumRider O PlannedUnit DevelopmaritRidor O Other(s) (specifyl NIEwYoRK- singleFenlly- FanninMaarrmIdisAlaeunlFORAlelSTRUMENTFenn3Gs3tie1 s.r maomomHuo nexsned u.ndoo44oson Bin Maedna Page 1 of 10 NYEFmisCEo916 WEDeEo fata) FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 Law." All (J) "Applicable controlling applicablefederal,state and local statutes,regulations,ordinancesand administra. tive rules and orders (that have the effect of law) as well as all applicable final, non-appealable.judicial opinions will be called "ApplicableLaw? Assessments," All dues, (K) "Community Association Dues, Feas, and fees, assessmentsandothercharges that are imposedon Borroweror the Propertyby a condominiumassociation,homeownersassociationor similarorganizationwill be called *CommunityAssociationDues, Fees,andAssessments Transfer." "ElectronicFunds Transfer" means {L) "Electronic Funds any transfer of money,otherthan by check, draft, or similar paperInstrument which is InltJatedthroughan electronicterminal,telephonicInstrument computer,or magnetic tape so as to order,instruct, or authorizea financial institutionto debit or credit an account. Somecommon examples of an ElectronicFunds Transferare point-of-saletransfers (where a card such as an asset or debit card is used at a mer- chant), automatedteller machine (or ATM) transactions,transfers initiated by telephone,wire transfers,and automated clearinghousetransfers. Items." Those items that are described in Section 3 will be called "Escrowitems? (M) "Escrow Proceeds." "Miscellaneous Proceeds' means (N) "Miscellaneous any compensation,settlement.award of damages. or proceedspaid by any third party (other than insuranceProceedsas defined In, and paidunderthe coveragedescribed in Section 5) for: (i) damage to, or destructionof, the Property: (ii) Condemnationor other taking of all or any part of the Property:(lli) conveyancein lieu of Condemnationor sale to avoid Condemnation:or (iv) misrepresentationsof, or omis- sions as to. the value and/orconditionof the Property.A taking of the Propertyby any governmentalauthority by eminent domain is known as "Condemnation' Insurance," 'Mortgage Insurance"means insurance (0) "Mortgage protecting Lender against the nonpaymentof, or default on, the Loan. Payment" The regularly scheduledamount due for (i) principal and interest under the Note. and (ii) any (P) "Periodic Payment" amountsunder Section3 will be called "Periodic "RESPA." "RESPA"meansthe Real EstateSettlementProceduresAct (12 U.S.C.§2601et (Q) seq,)andits implementing regulation,RegulationX (12 C.F.R.Part 1024),as they might be amendedfrom time to time, or any additionalor succes- legislationor "RESPA" sor regulationthat govems the same subjectmatter.As used in this Security Instrument refers to loan" even if all requirementsand restrictionsthat are imposed in regard to a "federally related mortgage the Loan does Ioan" not qualify as a 'federally related mortgage under RESPA. "Secretary" means the (R) Secretary of the United States Department of Housing and Urban Development or his designee. BORROWER'S TRANSFER TOLENDEROFRIGHTS IN THEPROPERTY Imortgage, grantand convey the Propertyto MERS (solely as nomineefor Leaderand Lender'ssuccessorsand assigns) and IIs successorsand assigns subject to the terms of this Security Instrument.This means that, by signing this Security Instrument I amgMngLenderthose rights that are statedin this Security Instrumentand also thoserightsthatApplicable Law givesto lenderswhohold mortgageson real property.I amgiving Lenderthese rightsto protectLenderfrom possible losses that might result if I fail to: (A) Pay all the amountsthat I owe Lenderas stated in the Note including, but not limitedto, all renewals,extensions and modificationsof the Note; (B) Pay, with interest, any amounts that Lender spends under this Security instrument to protectthe value of the Property and Lender's rights in the Property:and (C) Keep all of myother promises and agreementsunderthis Security Instrumentand the Note. I understandandagreethat MERS holds only legal title to the rightsgranted by mein this SecurityInstrument.but, if nec- essary to comply with law or custom, MERS (as nomineefor Leaderand Lender's successorsand assigns)has the right: (A) to exercise any or all of those rights, including,but not limited to, the right to foreclose and sell the Property;and (B) to take any actionrequiredof Lenderincluding,but not limitedto, releasing and cancelingthis Security Instrument. DESCRIPTIONOFTHEPROPERTY I give MERS (solely as nominee for Lender and Lender's successors and assigns) rights In the Property described in (A) through (G) below: (A) The Propertywhich is locatedat 221 Matty Ave, Mattydale, [City,TownorVillagel |Streetl NewYork 132114632. [2ipCode] This Property is in Onondaga County.It has the following legal description: SEELEGALDESCRIPTIONATTACHED ANDMADE HERETO A PARTHEREOFAS "EXHIBIT A". APN#: 06140-32.0 NEW YORK- SingleFamuy - FannieMaefFreddie INSTRuMENT Form30331/01 MacUNIFORM ModiredforFHA9/2014(HUDHandbook4000.1) EllioMae,inc Page 2 of 10 NYEFHAtsDEo915 NYEDEED(CLS) FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 (B) AI)buildingsand other improvementsthat are locatedon the Propertydescribedin subsection (A) of this section: (C) All rights in other property that I have as owner of the Property describedin subsection(A) of this section.These rightsare known as "easements and appurtenancesattached to the Property:" (D) All rights that I have in the land which lies in the streets or roads in front of, or next 10,the Property describedin subsection(A) of this section; (E) AIIfixtures that are now or in the futurewill be on the Propertydescribed in subsections(A) and (B) of this section; (F) Allof the rights and propertydescribedin subsections(B) through (E) of this sectionthat I acquireinthe future:and (G) All replacementsof or additions to the Property described In subsections (B) through (F) of this sectionand all InsuranceProceedsfor loss or damageto, and all MiscellaneousProceedsof the Propertydescribedin subsections (A) though (F) of this section. BORROWER'S RIGHT TOMORTGAGE THEPROPERTY ANDBORROWER'S OBLIGAT.NTODEFEND OWNER- SHIP OFTHEPROPERTY I promisethat: (A) I lawfully own the Property; (B) I have the right to mortgage,grant and convey the Property to Lender; and (C) there are no outstanding claims or charges againstthe Property,except for thosewhich are of public record. I give a general warranty of title to Lender.This means that I will be fully responsiblefor any losseswhich Lendersuffers because someone other than myself has some of the rights in the Property which 1promisethat I have. I promise that I will defend myownership of the Property against any claims of such rights. PLAIN LANGUAGE SECURITY INSTRUMENT This Security Instrumentcontains promises and agreementsthat are used in reaf propertysecurity instrumentsall over the country.It also contains other promises and agreementsthat vary in different partsof the country. Mypromises and agreementsare stated in "plain language " COVENANTS I promiseand I agree with Lenderas follows: t Borrowers Promise to Pay. I will pay to Lender on time principal and interest due under the Note and late chargesandotheramountsdue underthe Note.Iwill also pay all amountsfor Escrowitemsunder Section3 of this Security Instrument. Paymentsdue under the Note and this Security Instrumentshall be made in U.S. currency.If any of mypayments by check or other paymentinstrumentis retumed to Lenderunpaid, Lender mayrequire my paymentbe madeby: (a) cash: (b) money order; (c) certified check, bank check, treasurers check or cashiers check, drawn upon an institutionwhose depositsare insured by a federal agency,instrumentality,or entity; or (d) ElectronicFunds Transfer. Paymentsare deemed received by Lenderwhen receivedat the location requiredin the Note,or at anotherlocation designatedby Lender under Section 14 of this Security Instrument.Lender may retum or accept any paymentor partial paymentif it is for an amount that is less than the amount that is then due. If Lenderacceptsa lesser payment, Lender mayrefuse to accept a lesser paymentthat I maymake in the future and does not waive any of its rights. Lenderis not obligatedto apply such lesser paymentswhen It acceptssuch payments.If interest on principal accruesas if all Periodic Paymentshad been paid when due, then Lenderneed not pay intereston unapplied funds.Londer mayhold such unap- plied funds until I make payments to bring the Loan current if I do not do so within a reasonableperiod of time. Lender will either apply such funds or retum them to me. In the event of foreclosure, any unappliedfunds will be applied to the outstanding principal balance immediately prior to foreclosure.Nooffset or claim which I might have now or in the future against Lenderwill relieve mefrom making payments due under the Note and this Security Instrumentor keeping all of myother promisesand agreementssecured by this Security instrument. 2. Application of Borrowers Payments and Insurance Proceeds. UnlessApplicableLawor this Section2 requires otherwise, Lenderwill apply each of mypaymentsthat Lenderaccepts in the following order: First. to the MostgageInsurance premiumsto be paid by Lender to the Secretary or the the monthly charge by the Secretary insteadof the monthly mortgageinsurancepremiums: Second, to any taxes. special assessments,leasehold payments or ground rents, and fire. flood and other hazard insurancepremiums,as required: Third,to interest due under the Note; Fourth,to arnortizationof the principalof the Note: and. Fifth,to late charges due under the Note. If Lenderreceivesa paymentfrom mefor a late PeriodicPaymentwhich includesa sufficientamount to pay any late charge due, the paymentmaybe appliedto the late PeriodicPaymentand the late charge.If morethan one PeriodicPay- ment is due, Lender mayapply any paymentreceivedfrom me: First, to the repaymentof the Periodic Paymentsthat are due if. and to the extentthat, each paymentcan be paid In fult Next,to the extentthat any excessexistsafter the payment is appliedto the full paymentof one or more PeriodicPayments2such excess may be appliedto any late chargesdue. Any application of payments, insurance Proceeds,or Miscellaneous Proceedsto principaldue under the Note will not extendor postponethe due date of the PeriodicPaymentsor change the amountof those payments. 3. Monthly Payments For Taxes And Insurance. (a) Borrowers Obligations. 1willpay to Lenderon the day PeriodicPaymentsaredue underthe Note,untilthe Note is paid in full, a sumto provide for payment of amounts due for: (a) taxes and assessmentsand other items which can attain priority over this Security Instrumentas a lien or encumbranceon the Property;(b) leaseholdpayments or ground rentson the Property,if any: (c) premiumsfor any and ailinsurance required by LenderunderSection 5: and (d) Mortgage insurancepremiumsto be paid by Lenderto the Secretaryor the monthly charge by the $ecretary insteadof the monthly MortgageInsurancepremiums.These itemsare called ˆscrow Items,' At originationor at any time during the term of the Loan, Lender mayrequire that CommunityAssociation Dues, Fees, and Assessments.if any.be escrowed by Borrower. and such dues, fees and assessmentsshall be an EscrowItem. After signing the Note, or at any timeduring its term, Lendermayincludethese amountsas Escrowitems.The monthly paymentI will make for Escrow Itemswill be based on Lenders estimate of the annual amountrequired. NEWYoRK- SingleFamily- FannieMae/Freddie MacuNIFORM INSTRUMENTFonn30331/01 Modified forFHA9/2014(HUDHandbook4000.1) EMeMee,inc- Page 3 of 10 NYEFHAtSDE o915 NYEDEED (CLs) FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 I will pay all of these amounts to Lender unless Lender tells me, in writing, that I do not have to do so. or unless ApplicableLaw requires otherwise. I wlil make these payments on the same day that myPeriodic Paymentsof principal and Interestare due under the Note. The amounts that I pay to Lender for Escrow Items under this Section 3 will be called *Escrow Funds? I will pay Londerthe Escrow Funds for Escrow Items unless Leader waives myobligationto pay the Escrow Funds for any or all Escrow items. Lender maywaive myobligation to pay to Lender Escrow Fundsfor any or all Escrow Items at any time. Any such waiver must be in writing. in the event of such waiver, I will pay directly,when and where payable.the amounts due for any Escrow Items for which payment of Escrow Funds has been waived by Lender and, if Lender requires, will obligation promptly send to Lender receipts showing such payment within such time period as Londer mayrequire. My to make such payments and to provide receipts wlil be considered to be a promise and agreement contained in this agreements' Security Instrument. as the phrase 'promises and is used in Section 9 of this Security Instrument. If I am obligatedto pay Escrow Itemsdirectly.pursuant to a waiver, and I falito pay the amount due for an EscrowItem, Lender may pay that amount and I will then be obligated under Section 9 of this Security Instrumentto repay to Lander. Lender may revoke the waiver as to any or all Escrow Items at any time by a notice given in accordance with Section 14 of this Security Instrument and, upon the revocation, I will pay to Lender all EscrowFunds, and in amounts. that are then requked under this Section 3. I promiseto promptlysend to Lenderany noticesthat I receiveof EscrowItemamountsto be paid. Lenderwill estimate from time to time the amountof Escrow Funds I will have to pay by usingexisting assessmentsand bills and reasonable estimates of the amount I will have to pay for Escrow Items in the future,unless Applicable Law requires Lenderto use another method for determining the amount I amto pay. Lendermay.at any time, collect and hold Escrow Funds In an amountsufficientto permit Landerto apply the Escrow Funds at the time specified under RESPA.Applicable Law puts limits on the total amount of Escrow Funds Lender can at any time collect and hold. This total amount cannot be more than the maximumamount a lender could require under RESPA.If there is anotherApplicable Law that imposes a tower limit on the total amount of Escrow Funds Lender can collect and hold, Londerwill be limited to the lower amount depos- (b) Lander's Obligations. Lenderwill keep the EscrowFundsin a savingsor bankinginstitutionwhich has its its insured by a federal agency,instrumentality.or entity.or in any Federal HomeLoanBank. If Londer is such a savings or banking institution. Lender may hold the Escrow Funds. Lender will use the Escrow Funds to pay the Escrow Items no later than the time allowed under RESPA or other Applicable Law. Lenderwill give to me. without charge. an annual accounting of the Escrow Funds. That accounting will show all additionsto and deductionsfrom the EscrowFunds and the reason for each deduction. Lender may not charge mefor holding or keeping the Escrow Funds, for using the Escrow Funds to pay Escrow Items, for making a yearly analysisof my paymentof Escrow Funds or for receiving,or for verifying and totaling assess- ments and bills. However,Lender may charge mefor these servicesif Lenderpays meintereston the EscrowFunds and if Applicable Law permits Lenderto make such a charge. Lenderwill not be requiredto pay meany Interestor eamings on the EscrowFundsunless either (1) Lenderand I agree in writing that Londerwill pay interest on the EscrowFunds. or (2) ApplicableLaw requires Lender to pay intereston the EscrowFunds. (c) Adjustments to the Escrow Funds. Under Applicable Law, there is a limit on the amount of Escrow Funds Londer mayhold. If the amount of Escrow Funds held by tender exceedsthis limit, then there will be an excess amount and RESPA requires Lenderto accountto mein a special manner for the excessamount of Escrow Funds. II. at any time, Lender has not received enough Escrow Funds to make the payments of Escrow Items when the payments are due, Lender may teti mein writing that an additional amount is necessary.I will pay to Lender whatever additional amount is necessary to pay the Escrow Items when the paymentsare due, but the number of paymentswill not be more than 12. WhenI have paid all of the Sums Secured, Lenderwill promptly refundto meany Escrew Funds that are then being held by Leader. 4. Borrower's Obligation to Pay Charges, Assessments And Claims. I will pay all taxes, assessments.water charges, sewer rents and other similar charges, and any other charges and fines that may be imposed on the Property and that may be superior to this Security instrument. I wit also make ground rents or payments due under my lease if I ama tenant on the Propertyand CommunityAssociation Dues, Fees, and Assessments(if any) due on the Property.If these items are EscrowItems,I will do this by making the paymentsas describedin Section 3 of this Security instrument. "Person" In this Security Instrument.the word means any individual,organization,govemmental authority or other party, I will promptlypay or satisfy all Uens againstthe Propertythat maybe superiorto this Security instrument However, this Security Instrumentdoes not require meto satisfy a superior Lienif: (a) I agree.in writing, to pay the obligationwhich gave rise to the superior Uen and Lenderapprovesthe way in which I agreeto pay thatobligation,but only so long as I am performing such agreement:(b) in good faith, I argue or defend againstthe superiorLlen in a lawsuit so that in Lenders opinion, during the lawsuit,the superior Lien maynot be enforced,but only until the lawsuit ends: or (c) I securefrom the holder of that other Lionan agreernent.approvedin writing by Lender,that the Lienof this Security Instrumentis superior to the Llen held by that Person. If Lenderdetermines that any part of the Propertyis subject to a superior Lien, Lender maygive Borrowera notice identifyingthe superiorLien. Within 10 daysof thedate on which the noticeis given, Borrower shall pay or satisfy the superiorUen or take one or more of the actions mentionedin this Section 4. 5. Borrower's Obilgation to Maintain Hazard Insurance or Property insurance. I will obtain hazardor property locatedon the Property The insuranceto cover all buildingsand other Improvementsthat now are, or in the futurewill be,Coverage" insurancewill cover loss or damage caused by fire, hazards normallycovered by "Extended hazardinsurance policies, and any other hazardsfor which Lenderrequires coverage,including,but not limited to earthquakesand floods. The insurancewillbe in the amounts(including,but not limitedto, deductiblelevels) andfor the periodsof time required by Lender.What Lenderrequiresunderthe lastsentencecan changeduring thetermof the Loan.I maychoosethe insurance company,but mychoice is subjectto Lenders right todisapprove. Lendermay not disapprovemy choice unlessthe disap- provalis reasonable.Lendermay requiremeto pay either(a) a one-timechargefor Iloodzone determination,certificationand trackingservices, or (b) a one-timechargefor flood zone determinationandcertificationservicesand subsequentcharges eachtime remappingsor similarchangesoccurwhichreasonably mightaffectthefloodzonedeterminationor certification.If Idisagree with the floodzone determination,I may requestthe FederalEmergencyManagementAgency to reviewthettood zone determinationand I promisetopay any fees charged by the Federal EmergencyManagementAgency forIts review. NEW YOftK- SingleFamily - FanoleMaolFreddle INsTRuMENT Form30331/01 MacUNIFORM forFHA9/2014(HUDHandbook Modified 40003) EIHe Mae,Mc- Page 4 of 10 NYEFHA15DEo915 NYEDEED(CLS) FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5 RECEIVED NYSCEF: 05/15/2024 If I fail to maintain any of the insurance coverages described above, Lender mayobtain insurance coverage, at Lender's option and myexpense. LenderIs under no obligationto purchase any particulartype or amountof coverage. Therefore.such coveragewill cover Lender,but might or might not protect me, myequity In the Property.or the contents of the Property.against any risk, hazard or liability and might provide greater or lesser coverage than was previously In effect. I acknowledgethat the cost of the insurance coverage so obtained might significantly exceed the cost of insur- ance that I could have obtained.Any amountsdisbursed by Lender under this Section 5 will become myadditionaldebt secured by this Security Instrument.These amounts will bear interest at the interest rate set forth in the Note from the date of disbursementand will be payablewith such laterest upon noticefrom Lenderto merequesting payment.Clause" All of the insurancepoliciesandrenewalsof thosepolicieswill includewhat is knownas a "StandardMortgage to protect Lender and will nameLeader as mortgagee andlor as an additional loss payee. The form of all policies and renewalswill be acceptableto Lender.Lenderwill have the right to hold the policies and renewal certificates. If Lender requires, I will promptly give Lenderall receiptsof paid premiumsand renewalnotices that I receive. IfI obtainanyfom1ofinsurancecoverage,nototherwisorequiredby Lender,fordamageto, or destructionof,the Propesty, such policywill includea StandardMortgageClauseandwill nameLenderas mortgageeand/oras anadditionalloss payee. if thereis a lossor damageto the Propetty,Iwill promptlynotify the insurancecompanyand Lender.If I do not promptly prove to the insurance company that the loss or damageoccurred.then Lender maydo so. ' The amountpaid by the insurancecompanyfor loss or damageto the Propertyis called 'Insurance Proceeds Unless Lender and I otherwiseagree in writing, any Insurance Proceeds,whether or not the underlying insurancewas required by Lender,will be used to repair or to restorethe damaged Propertyunless: (a) it is not economicallyfeasibleto makethe repairs or restoration:(b) the use of the InsuranceProceedsfor that purposewould lessenthe protectiongiven to Lender by this Security instrument:or (c} Lenderand I haveagreed in writing not to use the InsuranceProceedsfor that purpose. Duringthe periodthat any repairsor restorationsare being made, Leadermayhold any insuranceProceedsuntilit has had an opportunityto inspectthe Propertyto verify that the repairwork has been completedto Lenders satisfaction.However, this inspectionwill be done promptly,Lender may make paymentsfor the repairs and restorationsin a single paymentor in a seriesof progresspaymentsas the work is completed.UnlessLenderand I agree otherwiseIn writing or unless Appli. cable Law requires otherwise,Leaderis not requiredto pay meany interestor eamings on the InsuranceProceeds.I will pay for any public adjustersor otherthird partiesthat I hire,and theirfees will not be paid out of the losuranceProceeds.If the repair or restorationIsnot economicallyfeasibleor If it would lessenLender'sprotectionunderthis Security Instrument, then the InsuranceProceedswill be used to reducethe amountthat I owe to Lenderunder this Security Instrument Such InsuranceProceedswill be appliedIn the order providedfor in Section2. if any of the InsuranceProceedsremainafter the amount that I owe to Lenderhas been paid in fult the remainingInsuranceProceedswill be paid to me. If I abandonthe Property,Lender may file, negotiateand settle any available insuranceclaim and relatedmatters. If I do not answer, within 30 days, a notice from Lender stating that the Insurance company has offered to settle a claim, Lender maynegotiate and settle the claim. The 30-day period will begin when the notice is given. in either event, or if Lender acquires the Property under Section 24 of this Security instrument or otherwise, I give Lender myrights to any InsuranceProceedsin anamount not greaterthanthe amountsunpaidunder the Noteandthis Security Instrument.I also give Londer any other of myrights (otherthan the right to any refundof unearnedpremiumsthat l paid) underall insurance policies covering the Property,If the rights are applicableto the coverageof the Property.Lender may use the Insurance Prococds cither to repair or restorothe Property or to pay amountsunpaid under the Noto or this Secudty Instrument, whether or not then due. 6. Borrower's Obligations to Occupy The Property. Iwill occupythe Propertyand usethe Propertyas myprincipal residencewithin60 days after I sign this Security instrument I willcontinueto occupy the Propertyand to use the Property as myprincipalresidencefor at least one year.The one-yearperiodwill beginwhen I first occupy the Properly.However, I wlil not have to occupy the Propeny and use the Propertyas myprincipalresidencewithinthe timeframes setforth above if Leaderagreesin writing that I do nothave to do so. I alsowill nothaveto occupy the Propertyand use the Propertyas my principalresidencewithinthe time frames set forthabove IIextenuating circumstancesexist which are beyond mycontrol. 7. Borrower's Obilgations to Maintain And Protect The Property And to Fulfill Any Lease OblIgations, (a) Maintenance and Protection of the Property, I will not destroy,damage or harm the Property,and I will not allow the Property to deteriorate.Whether or not I amresiding in the Property I will keep the Property in good repair so that Itwill not deteriorateor decreaseIn value due to its condition.UnlessIt ts determinedunder Section 5 of this Security Instrumentthat repairis not economicallyfeasible,I will promptly repairthe Propertyif damagedto avoidfurther deteriora- tion or damage.If insuranceor Condemnation(as definedin the definitionof MiscellaneousProceeds)proceedsare paid because of loss or damage to, or Condemnationof, the Property,I will repair or restore the Property only if Lender has released those proceedsfor such purposes. Lender may pay ror the repairs and restorationout or proceeds in a single payment or in a series of progress payments as the work is completed. If the insuranceor Condemnationproceedsare not sufficient to repair or restorethe Property,I promise to pay for the completionof such repair or restoration. If condemnationproceedsare paid in connectionwith the taking of the property,Lander shall apply such proceedsto the reduction of the indebtednessunder the Note and this Security Instrument first to any delinquentamounts,and then to payment of principal Any applicationof the proceedsto the principalshall not extend or postponethe due date of the monthly paymentsor change the amount of such payments, (b) Lendors Inspection of Property. Lender,and others authorizedby Lender,may enter on and inspectthe Prop- erty. They will do so in a reasonablemannerand at reasonabletimes.If it has a reasonablepurpose,Lender mayinspect the inside of the home or other Improvemontson the Property,Beforeor at the time an inspectionis made, Lenderwill give menotice stating a reasonablepurpose for such interiorinspection. 8, Borrower's Loan Application, If, during the applicationprocessfor the Loan, I, or any Personor entityacting at mydirection or with myknowledge or consent made false, misleading,or inaccurate statementsto Lender about infor- mation important to Lender in determining myeligibility for the Loan (or did not provide Lender with such information), Lenderwill treat myactionsas a defaultunderthis Security Instrument.False,misleading,or inaccuratestatementsabout informationImportantto Lender would include a misrepresentationof myintention to occupy the Property as a principal residence. This isjust one exampleof a false, misleading,or inaccuratestatementof important information. 9. Leader's Right to Protect Its Rights In The Property. If: (a) I do not keep mypromises and agreementsmade in this Security Instrument;(b) someone, includingme, begins a legai proceeding that may significantly affect Leaders interest in the Property or rights under this Security Instrument(such as a legal proceedingin bankruptcy,in probate,for NEW YORK- singleFamily -FannieMae1Freddie INSTRUMENTForm30331/01 MacUNIFORM forFHA9/2014(HUDHandbook Modified 4000-1) EgieMao,inc. Page 5 of 10 09ts NYEFHA15DE NYEDEED (oLS) FILED: ONONDAGA COUNTY CLERK 05/15/2024 01:33 PM INDEX NO. 005143/2024 NYSCEF DOC. NO. 5