Preview
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 Nassau County RECEIVED NYSCEF: 09/19/2022
Maureen OConnell
County Clerk
Instrument Number: 2016-00018475
As
EX-M08 - MORTGAGE AGREEMENT
Recorded On: February 24, 2016
Parties: A2 CONSULTING AND MANAGEMENT LLC BillablePages: 11
TO ONTARIO WEALTH MANAGEMENT CORP Num Of Pages: 12
Recorded By: CSC INGEO -EFILING Comment: CSC_FIDELITY NATIONAL TIT
** **
Examined and Charged as Follows:
EX-M08 - MORTGAGE AGREEMEl 100.00 EX-AFT -AFFIDAVIT 5.00 EX-Blocks - Mortgages- $300 300.00
Recording Charge: 405.00
Consideration
Amount Amount RS#/CS#
Tax-Mortgage 0.00 0.00 DG 39788 Basic 0.00 Spec ASST 0.00
TOWN HOLDS LocalNY CITY 0.00 Spec ADDL SONYMA 0.00
AdditionalMTA 0.00 Transfer 0.00
Tax Charge: 0.00
PropertyDescription:
Line Section Block Lot Unit Town Name
1 35 354 7 HEMPSTEAD
2 35 354 8 HEMPSTEAD
3 7 28 40 N.HEMPSTEAD
4 7 28 41 N.HEMPSTEAD
5 7 28 42 N. HEMPSTEAD
6 7 28 43 N.HEMPSTEAD
** **
THIS PAGE IS PART OF THE INSTRUMENT
I hereby certify that the within and foregoing was recorded in the Clerk's Office For: Nassau County, NY
File Information: Record and Return To:
Document Number: 2016- 00018475
Receipt Number: 150944
Recorded Date/Time: February 24, 2016 10:08:50A
Book-Vol/Pg: Bk-M Vl-41036 Pg-357
Cashier / Station: 0 DMF / NCCL-HBWHDP1
County Clerk Maureen O'Connell
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
SPREADER AGREEMENT
THIS SPREADER AGREEMENT (this "Agreement") is made the 20th day of
October, in the year 2015.
BETWEEN AND AMONG, A2 CONSULTING AND MANAGEMENT LLC, a New
York limited liability company, having its principal place of business at 7 Pinewood Road, East
Hills, New York, 11576, hereinafter described as Mortgagor; BARI LYNN D'AMELIO, wife of
Alessandro D'Amelio, residing at 129 E. Elm Street, Roslyn Heights, New York 11577-1200,
hereinafter described as Third Party Pledgor; and ONTARIO WEALTH MANAGEMENT
CORPORATION, a corporation organized and existing under the laws of the Providence of
Ontario, and having its principal place of business at 2950 Keele Street, Suite 01, Ontario,
Canada M3M 2H2, hereinafter described as Mortgagee.
WHEREAS:
Mortgagee is the owner and holder of a certain Building Loan Mortgage Note (the
"Original Note") and the Mortgage (and Assignment of Leases and Rents, Security Agreement
and Fixture Filing) (the "Mortgage") securing the same, both dated as of November 14, 2013, in
the face amount of up to $325,000.00, which Mortgage was recorded in the office of the Nassau
County Clerk on December 6, 2013, in Liber 39372 of Mortgages at Page338. The Mortgage
and the Original Note were executed pursuant to that certain Building Loan Agreement, of even
date with the Original Note and the Mortgage, by and between Original Mortgagor (as herein
defined) and Payee (the "Loan Agreement"). The Mortgage is a valid first priority lien
encumbering a portion of the premises (the "Original Premises") hereinafter described at
Schedule A, attached. On the Original Note and Mortgage there is now unpaid the principal sum
of $325,000.00;
The Mortgage and the Original Note were originally executed by JG Real Estate
Ventures, LLC, a New York limited liability company ("Original Mortgagor"). Original
Mortgagor has conveyed the Original Premises to Mortgagor by virtue of a Deed (herein so
called) recorded in the same recording sequence as, and immediately prior to, the recordation of
this Agreement. In connection with the conveyance of the Original Premises by Original
Mortgagor, Mortgagor and Mortgagee, among others, have executed and delivered a
Modification of Loan Agreement, of even date, affecting the Loan Agreement (the
Building
"Modification Agreement"). Pursuant to the Modification Agreement, the Original Note will be
replaced a Consolidated Amended and Restated Building Loan Mortgage Note (the
by
"Amended which Amended Note, other things, consolidates the Original Note
Note"), among
with a Note executed of even date and amends and restates both. The Modification
Gap
Agreement further provides that: the principal balance of the Amended Note will be increased
1)
from the principal balance of the Original Note as more fully set forth hereinafter; and 2) Third
Pledgor will pledge all of its interest in and to the portion of the entire premises described
Party
on Schedule A attached as Additional Premises (herein so called);
Mortgagor is now the owner in fee simple of the Original Premises described at Schedule
Third Pledgor is now the owner in fee simple of the Additional Premises
A, attached, and Party
described at Schedule A attached; and
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NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
Mortgagor, Third Party Pledgor and Mortgagee desire to modify the terms of the
Mortgage hereinbefore described so as to spread the lien of such Mortgage, as further security,
over the entire premises described at Schedule A, attached.
NOW, THEREFORE, in consideration of the premises and the mutual covenants and
agreements of the parties, and the sum of Ten Dollars ($10.00) to each party by the other in hand
paid, and for other good and valuable consideration including, without limitation, the execution
and delivery of the Modification Agreement, receipt and sufficiency whereof is hereby
acknowledged, and for the purpose of carrying out the intention above expressed, Mortgagor,
Third Party Pledgor and Mortgagee hereby covenant and agree as follows that:
The lien of Mortgage hereinabove described be and the same hereby is spread over the
whole of the entire premises described at Schedule A, attached, and same shall and now
constitute a valid first Mortgage thereon securing the principal sum of up to Five Hundred
Fifteen Thousand and 00/100 Dollars ($515,000.00), with interest to be paid in accordance with
the Amended Note and the Loan Agreement, as modified and affected by the Modification
Agreement. Mortgagor and Mortgagee hereby certify that this instrument secures no further or
other indebtedness or obligation except as specifically provided in the Mortgage.
Mortgagor and Third Party Pledgor hereby reaffirm all the terms and conditions of the
Amended Note and the Loan Agreement and the Mortgage, the latter two instruments as
modified by the Modification Agreement, and Mortgagor hereby agree to comply with and
perform all the obligations and conditions of said Amended Note and Mortgage, as modified by
the Modification Agreement, including, without limitation, the spreading of the Mortgage lien to
all of the entire premises described at Schedule A, attached.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly
executed in counterpart on this 20th day of October, 2015.
MORTGAGOR: MORTGAGEE:
A2 CONSULTING AND MANAGE NT ONTARIO WEALTH MANAGEMENT
LLC, a New rk limite lia it co p y CORPORATION, an Ontario corporati
By: By:
Name: lessandro D'Amelio Name:
Title: Sole Member . Title:
THIKD PARTY PLEDGOR:
Bari L elio
Spouse of Alessan o D'Amelio
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
Mortgagor, Third Party Pledgor and Mortgagee desire to modify the terms of the
Mortgage hereinbefore described so as to spread the lien of such Mortgage, as further security,
over the entire premises described at Schedule A, attached.
NOW, THEREFORE, in consideration of the premises and the mutual covenants and
agreements of the parties, and the sum of Ten Dollars ($10.00) to each party by the other in hand
paid. and for other good and valuable consideration including, without limitation, the execution
and delivery of the Modification Agreement, receipt and sufficiency whereof is hereby
acknowledged, and for the purpose of carrying out the intention above expressed, Mortgagor,
Third Party Pledgor and Mortgagee hereby covenant and agree as follows that:
The lien of Mortgage hereinabove described be and the same hereby is spread over the
whole of the entire premises described at Schedule A, attached, and same shall and now
constitute a valid first Mortgage thereon securing the principal sum of up to Five Hundred
Fifteen Thousand and 00/100 Dollars ($515,000.00), with interest to be paid in accordance with
the Amended Note and the Loan Agreement, as modified and affected by the Modification
Agreement. Mortgagor and Mortgagee hereby certify that this instrument secures no further or
other indebtedness or obligation except as specifically provided in the Mortgage.
Mortgagor and Third Party Pledgor hereby reaffirm all the terms and conditions of the
Amended Note and the Loan Agreement and the Mortgage, the latter two instruments as
modified by the Modification Agreement, and Mortgagor hereby agree to comply with and
perform all the obligations and conditions of said Amended Note and Mortgage, as modified by
the Modification Agreement, including, without limitation, the spreading of the Mortgage lien to
all of the entire premises described at Schedule A, attached.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly
executed in counterpart on this 20th day of October, 2015.
MORTGAGOR: MORTGAGEE:
A2 CONSULTING AND MANAGEMENT ONTARI WEALTH MANAGEME T
LLC, a New York limited liab ty company CORPO ATION, an Ontario co rat n
Name: Alessandr/D'Amelio N e: G A BA AA H½d
Title: Sole Member Title: 1 Q O½/
THIRD PARTY PLEDGOR:
By:
Bari Lynn D'Am 10
Spouse of Ale andro D'Amelio
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NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
a Commissioner,etc.,
wison Young.
Tom for
provinceof oraario,
(O Graham Tobe
Bantaterand Solicitor.
Augusts,2017.
.State of NeVTdrk, Cauaty of } ss.:
On the day of ) o in the year 7of before me, the undersigned,
personally appeared /2 e , the subscribing witness to the foregoing instrument,
with whom I am personally acquainted, who, being by me duly sworn, did depose and say that
he/she/they reside(s) in Lo O./ y ; that he/she/they know(s) to be the
individual described in and who executed the foregoing instrument; that said subscribing witness was
present and saw said 44o, dphe execute the same; and that said witness at the same time
subscribed his/her/their name(s) as a witness thereto.
State of New York, County of } ss.:
On the day of in the year before me, the undersigned,
personally appeared , the subscribing witness to the foregoing instrument,
with whom I am personally acquainted, who, being by me duly sworn, did depose and that
say
he/she/they reside(s) in ; that he/she/they know(s) to be the
individual described in and who executed the foregoing instrument; that said subscribing witness was
present and saw said execute the same; and that said witness at the same time
subscribed his/her/their name(s) as a witness thereto.
} ss.:
On the day of in the year ore me, the undersigned,
personally appeared , 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.
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NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
State of New York, County of } ss.:
On the ay of in the year before me, the undersigned,
personally appeared G ff /f) .D I the subscribing witness to the foregoing instrument,
with whom I am personally acqu Ited, who being by me duly sworn, did depose and say that
he/she/they reside(s) in : that he/she/they know(s) to)e the
individual described in and who e ecuted the foregoing instrument; that said subscribing itness was
present and saw said execute the same; and that s at the same time
subscribed his/her/their name(s) as a witness thereto.
BE H HAZAN
NOTAFBY U C-STATEOF NEW YORK
No. OlHA6080327
Qualified in NewYork County
misswo £xpires September 02, 2018
State of New York, County of } ss.:
On the da of i e year b*efore me, the undersigned,
personally appeared (A d O Ê, t ibing witness to the foregoing instrument,
with whom I am personally ac ainted, who, being by me duly sworn, did depose and say that
he/she/they reside(s) in ; that he/she/they know(s) to be the
individual described in and wh executed the foregoing instrument; that said subscribing witness was
present and saw said ex te the same; and that said witness at the same time
subscribed his/her/their name(s) as a witness ereto.
BETHHAZAN
NOTARY PUBUC-STATEOF NEW YORK
No. 01HA6080327
SS,,- Qualified In New York County
gammmon ExcuresSeptember 02. 201B
On the day of in the year ore me, the undersigned,
personally appeared , personally known to me or proved to
me on the basis of evidence to be the individual(s) whose name(s) is (are) subscribed
satisfactory
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.
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
EXHIBIT A
Mortgagor: JG Real Estate Ventures LLC, a New York limited liabilitycompany
Mortgagee: Ontario Wealth Management Corporation
Amount: $325,000.00
Dated: November 14, 2013
Recorded: December 6, 2013
Liber: 39372
Mp: 338
Mortgage Tax Paid: $3,412.50
At thisdate the unpaid principal balance is$325,000.00
And a mortgage made by A2 Consulting and Management LLC to Ontario Wealth Management Corporation
dated 10-20-2015 in the amount of $190,000.00 recorded on 1-28-2016 in Liber 40980 Page 273 upon which
mortgage tax of $1995.00 was duly paid
Which mortgages are consolidated by Agreement mad by A2 Consulting and Management LLC to Ontario
Wealth Management Corporation dated 10-20-2015 recorded 1-28-2016 in Liber 40980 Page 286 to form a single
lien of $515,000.00
UNLESS INSURED UNDER THE POLICY TO BE ISSUED, the mortgages returned herein will appear as
exceptions in the to be issued. The information setforth herein is obtained from the recorded instruments and does
policy
unrecorded instruments that affect the insured premises nor does itpurport to reflect allrecitals, terms
not reflect may
contained in instrument record. Upon request, the can provide full copies of the recorded
and conditions any of Company
instruments.
SCHEDULE OF MORTGAGES
Rev. (03/04)
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
Schedule A
Hempstead Property
ALL that certain plot, piece or parcel of land, with the buildings and improvements
thereon erected, situate, lying and being at West Hempstead, in the Town of
Hempstead, County of Nassau, State of New York, known and designated as and
by Lots Nos. 7 and 8 on a certain map entitled, "Map of Fairiawn Park, Addition No.
1, situated near Hempstead, Town of Hempstead, Nassau County, New York,
Green,"
including additional purchase owned by L. H. and filed in the Office of the
Clerk of the County of Nassau on May 20, 1907 as Map Number 145, New
Number 1342, said lots being more particularly bounded and described as follows:
BEGINNING at a point on the Southerly side of Hempstead Turnpike, distant 640
feet Easterly from the corner formed by the intersection of the Southerly side of
Hempstead Turnpike and the Easterly side of Maplewood (Maple Street) Street;
RUNNING THENCE Southerly, and at right angles to the Southerly side of
Hempstead Turnpike, 100 feet;
THENCE Easterly and parallel with the Southerly side of Hempstead Turnpike, 40
feet;
THENCE Northerly, and again at right angles to the Southerly side of Hempstead
Turnpike, 100 feet to the Southerly side of Hempstead Turnpike;
THENCE Westerly, along the Southerly side of Hempstead Turnpike, 40 feet to
the point or place of BEGINNING.
Said premises to be known as 219 Hempstead Turnpike, West Hempstead, NY
11552.
-3-
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NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
Roslyn Property
ALL that certain plot, piece or parcel of land, situate, lying and being in the Village of
Roslyn, Town of North Hempstead, County of Nassau and State of New York, known
and designated as Lots #40 to 43, inclusive, in Block G, on a certain map entitled, "Map
of Roslyn Heights property belonging to the Roslyn Heights Land and Improvement Co.,
at Roslyn, Nassau County, Long Island, January 26, 1901 by William L Hawxhurst
Surveyor"
and fded in the Office of the Clerk of Nassau County on June 10, 1901 as Old
Map No. 36 New Map No. 252, bounded and described according to said map as
follows:
BEGINNING at the comer formed by the intersection of the northerly side of Elm Street
and the westerly side of Madison Avenue;
RUNNING THENCE along the northerly side of Elm Street, north 86 degrees 00
minutes west, 100 feet;
THENCE north 04 degrees 00 minutes east, 100 feet;
THENCE south 86 degrees 00 minutes east, 100 feet;
THENCE south 86 degrees 00 minutes east, 100 feet to the westerly side of Madison
Avenue;
THENCE along the westerly side of Madison Avenue, south 04 degrees 00 minutes
west, 100 feet to the corner at the point or place of BEGINNING.
FOR INFORMATION ONLY: Premises also known as 129 Elm Street, Roslyn Heights,
NY Section 7 Block 28 Lots 40,41, 42 & 43
-4-
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NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
SECTION 255 AFFIDAVIT
Spreader Agreement
) ss.:
r/s ut ée
f pn fo no )
I, Sohail Zayona, being duly sworn, deposes and says that he is over the
age of twenty-one years, that the undersigned is the Co C . of Ontario
Wealth Management Corporation, an Ontario corporation (the "Lender"), and that the
undersigned is fully familiar with the facts and circumstances set forth herein, and states
as follows:
1. AZ Consulting and Management, LLC, a New York limited liability
company (the "Borrower") is the owner of that certain improved real property known as
219 Hempstead Turnpike, West Hempstead ("Hempstead Property") and Bari Lynn
D'Amelio ("Owner") is the owner of 129 W. Elm Street, Roslyn Heights ("Roslyn
Property"), both County of Nassau and State of New York, each parcel as more
particularly described on Schedule A attached. The Hemstead property is encumbered
by a mortgage (the "Mortgage") attached hereto as Exhibit A and made a part hereof,
which Mortgage is now held by Lender. All recording tax has bene paid with regard to
the Mortgage, as amended to date.
2. A Spreader Agreement (herein so called) is being offered for
record by Lender whereby the lien of the Mortgage is spread to the Roslyn Property.
Said Roslyn Property will be additional security for the payment of sum of up to Five
Hundred Fifteen Thousand and 00/100 Dollars ($515,000.00) which is the face amount
of the Mortgage and the maximum principal amount of the Note secured thereby.
3. The Spreader Agreement is made solely for the purpose of further
the same principal indebtedness which is under any contingency and may be
securing
secured by the Mortgage.
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
4. Said Spreader Agreement now being offered for recording does not
create or secure any new or further principal indebtedness or obligation other than the
principal indebtedness mentioned therein and that no re-loans or re-advances become
or have become secured thereunder.
WHEREFORE, deponent respectfully requests that the Spreader
Agreement now offered for recording be declared exempt from taxation pursuant to the
provisions of Section 255 of Article 11 of the Tax Law.
Name: Sohail Zayona
Title: C
Sworn to before me the
fday of February, 2016.
ary Public
Tony AddisonYoung, a Commisskmor. sh,
Provinceof Onimso, for
Graham Tobe ProfesshmalCaponnion,
annisierandsonoitor.
lhpires
August 8,20U.
-2-
FILED: NASSAU COUNTY CLERK 09/19/2022 04:14 PM INDEX NO. 001052/2019
NYSCEF DOC. NO. 94 RECEIVED NYSCEF: 09/19/2022
EXHIBIT A
Mortgagor: JG Real Estate Ventures LLC, a New York limited liabilitycompany
Mortgagee: Ontario Wealth Management Corporation
Amount: $325,000.00
Dated: November 14, 2013
Recorded: December 6, 2013
Liber: 39372
Mp: 338
Mortgage Tax Paid: $3,412.50
At this date the unpaid principal balance is $325,000.00
And a mortgage made by A2 Consulting and Management LLC to Ontario Wealth Management Corporation
dated 10-20-2015 in the amount of $190,000.00 recorded on 1-28-2016 in Liber 40980 Page 273 upon which
mortgage tax of $1995.00 was duly paid
Which mortgages are consolidated by Agreement mad by A2 Consulting and Management LLC to Ontario
Wealth Management Corporation dated 10-20-2015 recorded I-28-2016 in Liber 40980 Page 286 to form a single
lien of $515,000.00
UNLESS INSURED UNDER THE POLICY TO BE ISSUED, the mortgages returned herein will appear as
exceptions in the to be issued. The information set forth herein is obtained from the recorded instruments and does
policy
not reflect unrecorded instruments that affect the insured premises nor does itpurport to reflect all recitals, terms
may
and conditions contained in instrument record. Upon request, the Company can provide full copies of the recorded
any of
instruments.
SCHEDULE OF MORTGAGES
Rev. (03/04)