Preview
FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406
NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018
EXHIBIT C
FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406
NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018
FILED : CHAUTAUGUA COUNTY CLERK 10 /31/2 017 0 4 : 17
. , INDEX NO. EK1;2017.001406
PM)
NYSCEF DOC. NO. 2 RECÈIVED NYSCEF: 10/31/201.7
CHAUTAUQUACOUNTY-STATEOF NEWYORK
SANDRAK.SOPAKCOUNTYCLERK .
1NorthEriest,POBoxi70,Mayville,NewYork14757
COU NTYCLERK'SRECORDINGPAGE
***THISPAGEISPARTOFTHEDOCUMENT-DONOTDETACH***
Recording:
cover Page 5.00
Fee 55.00
II II11111 I Ill III Recording
Ed
Cultural . 14.25
Records Management - Coun . 1,.00
Records Management - stat 4.75
RECEIPT NO. : 201306072106 sub Total: 80.00
Clerk: KAS . Mortgage Tax
Instr #: MT2013001046 Basic Tax Amount 260.00
ReC Date: 01/04/2013 04:29:43 PM Spec Addl Tax Amcüiit 130.00
Doc Grp: . M Additional Tax Amount 105.00
Descrip: MORTGAGE Local Tax Amount 130.00
N um Pgs: 8
Rec'd Frm: AMERICAN TITLE INC Sub Total: . 625.00
Party1: WARNER ROBERT JAMES
Party2: FIRST NIAGARA BANK N A Total: 705.00 j
**** NOTICE: THIS IS NOT A BILL ****
Town; .BUSTI
***** Mortgage Tax *****
serial #: DD-2667
Mtg Amt: 52000.00
WARNING***
Iberebycertifythattbowithin·andforegoingwas
recordedin the Chautatqua County Clerk's
Record and Return TO: Office,StateofNewYork.
sheetusiänt±^ theClerks endorsemem
This
requiredbySection316oftheRoalitopertyLaw
oftheStateofNewYork.
AMERICAN TITLE INC
PO BOX 641010 SandraKSopak
OMAHA NE 68164 9914 c:.swq-county clerk
FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406
NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018
FILED: CHAUTAUQUA COUNTY CLERK 04:17 ..INDEX NO . EK12 0 17 0 0 14 O6
10731/2017 PM)
NYS CE F DOC . NO . 2 ECÉ 1VED NYS CE F : 1 U / 3 1/
2 O17
APrenaecoisoiN& it151TGr
AmuntiCANTME,210.
01 88
ATl9
ULTRA FLEX HOME EQUEFY85LINE OFrarnit ACCOUNTMORTGAGE
WirstNiagaraBank,N.A.
1)ate11/2o/2o12
Borrower1'snameandaddress:apbgrt
cau(es Warner-604 Big Tree StacrarGreve ReL JaneRtnWrl,
Borrower2'snameandaddress:
Janet Marilyn Warner -604 Bie Trae $uqarGroveR6, Jameshown,
Otherowner'sname
Otherowner'saddress:
Mortgagedrealproperty 604nig Tree sugar arave se, nosei, chaucauqua,nr tool
Initial variante
Mexitnumprincipatamount$s2, coo.co neeportion-puué¾annual
percentagerate3.99
N/A
Lastdiscamtedratebilling oyelemonth tatiable ratepotticamargin
0.74
MaximumRate1s.g Miniman Rate3 Nointerest-colyperiod
Interest-onlyperiod !
121-18D
. I2-120monthfixedrateloanmargin4. soinonthfixedrateloanmargia
Numthmily units
L Meaningof somewords. In this mortgagetherealproperty,inchuling.if therealpropertyis part
"You" and "your" mean anyone of a condominiuraproject,rightsin thecommonareas
a. signing this
mortgage, andfacilitiesof thecondominium
whetherasa borroweror otherowner; project:and
b. "We," "us " "car" and "ours" meanPirstNiagara
e.All rentalpaymentsfrom anyof therealproperty.
Bank,N.A..6950
SouthTransf
tRoad.P.O.Box514 Inother to
worits, securethepayment of the
Lockport,NY14095-0514; giveusa rnortgageliencoveringthe
indebtedness,you
c. "Theloan agreement" reni propertytogetherwith all appetenances
meansan UIna Plex Home to it and
all your estateand rights in it
EquitySMline of credit accountagreementdatedthe A portion of the
precedingsentencehas the meaningSection.255of
dateof this mortgageand signedby everyonesigning i
this niortgageasa borrowerand us, as theagreement the Real PropertyLaw givesto similar language.If
exists nowor is
changedin the future, or
any thereal propertyis part of a condominianprojector
replacement
of theagreement, exists planned unit
asthereplacement development, the
name of the
whensignedor ischangedafterthat; condominiumprojector plannedunit developinent
is
indebtedness" set forth in ScheduleA.
d. "The means, taken together,all Examplesof fixturesare
amonutspayablenowor becomingpayablein thefuture
furnaces,hot
water heaters,bathinbs, sinks.and
andthis rnortgage;
undertheloanagreentent kitchensabinetsinstalledin a building. An example
e, "Theproperty" of a right in real propertythat arisesbecauseof the
meansthereal property,rightsand
tentalpaymentsdescribed
in Section21 ownershipof the real propertyis the right tomoney .
f. mortgage"
"Prior meansany documentgiving a
payablebecauseof the taking of any of the real
propertyby a governmentalbodyor becauseof any
presentlyexisting mortgagelien coveringany of se
transferof ownership of any of the real property
property,as thedocementexistsnow or is changedin
thefuture,or any replacement instead of
of the document,asthe itstaking by governmentalbody. An
replacement exampleof a right in other real propertythat arises
existswhensignedor is changedatterthat; |
g. Law"
"TheReal Property of the ownershipof real propertyis theright
meansthe RealProperty because
LawofNewYork Statetahd tocrosstheotherrealpropertyto getto a street.
law"
"TheLion meanstheLien Law of NewYork
h.
State.- . 3. Credit Jinemortgage.Thismortgageis a "credit
2. Mortgage lien. line mortgage"as the term is defined in Section
To securethe paymentof the'
yougiveusaraortgagelian covering.
indebtedness, 28t(1) of the Real PropertyIAw. The mortgagelien
a. you are giving us in
'Ihe real pr.opertycommonly describedby the ·
this mortgagesecuresthe [
at thebeginningof this mortgageasthe
addressshown paymentof indebtednessarising onder the loan
mortgaged
real propertyanddescribedmorefunyby the
agreement,which redectsthe fact that yon and we
legaldescriptionset.forthin ScheduleA. Includingall a seriesof
reasonablycontemplateentering into
buildings and other improvementslocatednow or
advancesoradvances,.paymentsand readvances,
placedin the futureonthereal propertyandall fixtmes
limits
the totalprincipal amount at
any time
that arenow or becomein the future partof the real
to the maximumpducipalamountshown
outstaniding
propertyby beinginstalledin.or on or affixedto thereal
at the beginning of this mortgageand in not a
contract" as the term is deBnedin
property; "bnilding loan
b. All rightsyouhavenow ot·acquirein thefuturein
Sectlan2 (13) of the Qan law.
*Ihat indebtedness
thereatpropertyor otherreal propertybecauseyon
own includesnotonly theoriginalindebtedness
arising
Page 1 of Ÿ
FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406
NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018
FILED E CHAUTAUQUA COUNTY CLERK 10 /3172 017 Qhl1 PMGdNDEX NO . E Kl 2 0 17 0 0.14 0 6
NYS CE F DOC . NO . 2 RE CE IVE D NYS CE F : 10 /31/ 201 7
.under.the asa rmultof thefirst variable
loan,agreement andfixell rateloansandfinancecharges
onthe
rateadvance
i.nadeundertheloanagreementbutalso
outstandingpardonsof thoseamounts.Youmustpay
otherindebtedness
arisingondertheloanagreement
as that indebtedness
asdescribeid
in Schedule
B. The
a resultof anyothervariablerateadvanceor anyfixed
precedingsentencehas
the meaningsection254(3)of
rateloanmadeundertheloanagreement
duringthe theRealPropertyI..awgivesto similarlanguage.
periodduringwhichvariablerateadvances
andfixed rentsand obarges.You
10. Taxes,asseannents,
rateloansmaybeobtainedundertheloanagreement, groundrent,sewerrent
mustpayanytax.assessment,
whichwill notbelongerthan20yearsafterthedate
or waterchargeon anyof thepropertyandanyother
. this mortgage
is recorded. taxor otherchargethat,if anpaid, couldbecome
a
4. Maximumamountsecured.Themaximum claimonanyof thepropertysuperiortothemortgage
principalamountthepaymentofwhichis or underany usin
lienyouare,givingthis ifyou
mortgap,and, do
contingencymaybesecuredby themortgagelienyou
not pay it within thetimewithin whichit canbepaid
aregiving usin this mortgageonthedateyonsignthis
withoutpenalty,we may,but wewHinot havetobpay ]
mortgageor at anylatertimeisthernaximurnprincipal
it Whenweaskyouto doso,youmustreimburse
us
·The
amountshownat thebeginningof this mortgage.
for it. Also,whenweaskyouto do so,yonmustpay
maximumamountthepaymentofwhich maybe usinterestonits umeimbursed
portionasthoughto
securedby themortgagelien atanytime is thetotal of:
portionwerean outsmading
anreimbursed variable
a. Themaximumprincipalamount; theloanagreement.Thefirst
. rateadvancounder
b. ·
Financechargeson thatmaximumprincipal ofthissectionhasthe meaningSection
sentence
amountasprovidedin thetoanagreement; 2$4(6)oftheRealPropertyLaw wouldgivetosimilar
c. All paymentsmadeby ustoprotectourinterestin
languageif It referredto thegroundtents,sewer
rents
the property;and andothertaxesandotherchargesaswellastothe
d. Interestonthe unreimbursed
porrionof any taxes,assessments
andwatercharges..
.paymentrnadeby onto protectourinterestin the
11. Repairsand rebuilding. You mustpromptly
propertyasthoughtheunreim arsed
portionwerean repairorrebuildanybuildingthatis noworbecolnts
outstandingvariablerateadvance
undertheloan in the futurepartof thepropertyif it isdatnaged
or
agreement and,if youdonotdo so,wemay,butwe
destroyed,
S. Loanagreement,Theloanagreementprovides weask
will not baveto, repairor rebuildit. When
for themakingof variablerateadvances
andfixedrateyouto doso,youmustreimburseusfor anyamount
loansundertheloanagreement.Theloanagreement
wepay torepairor abnild it
Also,whenweaskyo
providesfor a corresponding
annualpercentage
rate to do so,youmustpayusinterestontheunrcimbursed
. with outstanding portionof thatamountasthoughtheunreimbursed
and minimanpaymentsin connection
variahh rareadvances that
undertheloanagreement portionwereanoutstandingvariablerateadvance
mayvary. Theprovisionsof theloanagreement
undertheloanagreement
12.Restrictionsen nse.You mustnotaseanyof the
concerningthosemattersaresetforthin Schedule
B.
The initial variablerateportioncorresponding
annual property,or allow anyofit to beused,in anywaythat
percentage ratebilling cycle
rate,lastdiscounted .violatesanylegalrestrictionalrectingits use,and,if
yondo so,we may,butwewill nothaveto, correctthe
rnonth,variablerateportionmargin,maximumrateand
minimumratereferredto in thefirst of thoseprovisions
violation. Whenweaskyouto doso,youmust
reimberseusfor anyamountwe paytocorrectthe
areshownatthebeninningof thismortgage,Whether
the boxat thebeginningof theloanagreement
for no violation. Also, whenweasityeato doso,yonmust
interest-onlyperiodor theboxatthebeginningof the portionofthat
payusinterestontheunreimbursed
loanagreement
for interest-onlyperiodis checkedis werean
amountasthoughtheunreirnbursed
outstandingvariablerateadvanceundertheloan
indicatedat thebeginningof thismortgagebychecking .
agreement.
of theboxforno interest-onlyperiodor the boxfor
13. Fire andother insurance. Youmustkeepany
interest-onlyperiod. Theprovisionsof theloan
agreementconcerningthecorresponding
annual building.thatis nowor byfire, any riskcoveredby
. percentage extendedcoverageor anyotherrisk againstwhichwe
rateandpaymentsfor anyfixed rateloan
aresetforth in
madeundertheloanagreement wantit insuredotherf han.8ood,andyonmustassign
·
ScheduleB. The.12-72Inonthfixedrateloanmargin,
anddeliveranypolicyprovidingtheinsurance
tous,
73-180monthfixedrateloanmargin,maximumrate
Whenweaskyouto doso,youmusttoimburse
usfbt
and minimumratereferredroin thefirst of those
anypremiumfor the insurancewepaybecause
youdo
provislansareshownat thebeginningof thismortgage. not keepthe buildingcoveredby theinsurance
or
- 6. Dwelling. You.assure
usthattheprincipal youdonot assignanddeliverthepolicyto us.
because
thatis
building nowpartofthe
propertyis anowner doao,youraust
Also, whenweaskyouto payus
occupieddwellinghavingthenumberof family units
interestontheunmimtenedportionofthepremium
showhat the·beginning
of thismortgage. portionwerean
asthoughtheunreimbursed
7. Prior anarigage.You assure
usthat yonhave outstabdingvariablerateadvanceundertheloan
notifiedusin writing of anypriormortgage,thatthere
agreement.Thefirst twosentences
ofthissection
havethemeaningSection254(4)(s)of theReal
isno defaultunderanyprior mortgageandthatnoprior
mortgageprohibitsyoufromgivingus themortgage
PropertyI.awwouldgivetosimilar language
if it
lien yonaregiving usin thismortgage. referredto riskscoveredby extendedcoverage
andall
8. Owneralspand enan=- Yenassureusthatyou
otherrisksagainstwhichwewanttheproperty
own theproperty.In otherwords.youwarranttitle to
insuredotherthanilcod aswell asto fire, exceptthat
the paperty. The precedingsentence
hasthemeaning despiteanythingin Section254(4)(a),we,inayapply
anyrnoneypaidundertheinsurancetoanyof.the
Section254(5)of theRealPropertyLaw givesto
similarlanguagstAlso,youassureusthat theproperty
indebtedness
notyetpaidin anyorderwechoose
is freefrom anyclaim, exceptfor anyclaim.ofrecord
ratherthangiving it to youto repairorrebald the
on thedateof thismortgage. building. Theapplicationof themoneywin not
9. relieveyouof any obligationto payanyfuture
Paymentof indebtedness,Youmust payall
indebtedness
arisingundertheloanagreementfor .
paymentrequiredandertheloanagreement ¡
amountsborrowedfromusasvariablerateadvances
14. Floodlusurance, You must)eepanybuilding
Page 2 of 7
FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406
NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018
FILEDUCHAUTAUQUA COUNTY NDEX NO F K12 0 17 0 0 14 0 6
CLERK 10/31/2017 04217 PML
NY S CE F DOC . NO . 2 RE CE IVED NYS CÈ F b1/Ò 0
thatis nowor becomes
in thefuturepartof the property
c. Allow ustoinspectthe propertyat anytime;
insuredfor our benefitagainstlessby floodif the
d. notify usin writing if anybuilding
Bnmediately
properlyis locatedin anareathathasbeenidentifiedby
thatis nowor becomes
in thefuturepartof the
of HousingandUrbanDevelopment
the Secretary asan propertyis damagedor destroyed;
special
areahaving f
loodhazards
andfor
which flood e. Notuseanyof theproperty,or allow anyof it to
insurance
hasbeenmadeavailableunderthe National
beused,illegallyor in any waynotallowedby all
PloodInsuranceActof 1968,andyoumustassignand
policiesprovidingany'insurance
anit;
deliveranypolloyprovidingtheinsurance
to us. Whenf. Notabandonanyof thepropertyor allowanyof it
weaskyoutodoso,youmustreimburseusfor any
to beabandoned;
premiumfor theinsurancewepaybecause
you do not g. Without.firstobtainingcarpermissionin writing,
keepthebuildingcoveredbytheinsurance
or because nottransferownershipof anyofthepropertyor any
youdonotassignanddeliverthepolicyto us. Also,
interestin anyofir;
whenweaskyouto so,youmustpayusinterestonthe
h. Withoutfirst obtainingourpermissionin writing,
unreimbursed
portionof thepremiumasthdughthe
notremove,teardown,anacturallyaheror changethe
unreimbursed
portionwerean outstanding
variablerate
useof anybuildingor otherimprovernent
thatis now
undertheiloanagreementThefirst two
advance or becomes
in thefuturepartofthepropertyor allow
sentences-of
thissectionhavethemeaningSection
theremoval,tearingdown,structuralalterationor
254(4Xb)of theRealPropertyLawgivesto similar
changein theuseof thebuildingor other
exceptthat, despiteanythingin Section
language, improvementi
254(4)(b),wemayapplyanymoneypaidunder the
. L Withoutfirst obtainingoutparmissionin writing,
to anyof theindebtedness
insurance notyetpaid in any
nottransferanyright to seceive
anyrentalpayment
ratherthan
orderwechoone it
givingtoyoutorepairorfromanyof thepropertytoanyoneotherthanus;
rebuildthebuilding. the
of
Theapplication moneywill J. Without ourpermission
first.obtaining in writing,
notrelieveyouof any obligationto payanyfuture
notchangeor cancelanyleasecoveringanyof the
paymentrequiredundertheloanagreement property;
15. Passment rents, charges
ef taxes,assessments, k,Withoutfirst obtainingourpermissicsin writing,
andpremiums,To makeswethattaxes,assessments, notacceptanyrentalpaymentfromany ofthe
propertymorethanonemonthin advance;
groundrents,sewerrentsandwaterchargeson any of
thepropertyandpremiumsfor insurance L
on any of the Notplaceanyrestricdononthesaleor useof any
ofthepropertybasedon anycharacteristic
propertyarepaid,we mayrequirethat,subjectto any prohibited
limitationimposedby applicablelaw,youpay usall
by applicablelaws
m, If weaskyouto doso,promptlyprovidea
to paythoseitemsexceptto the
amountsnecessary
extentthatyoupaythe moneyfor thosehemsto any
completecopyof anyprior mortgage
to us;
n. Payor assurethepaymentof any amountthe
histitutionallenderthatis theownerof anyprior
paymentof whichis nowor in thefumresecuredby
mortgage,Wewili hold anymoneyyoupay usfor
themortgage1iengivenin anypriormortgageby the
thoseitemsin anescrowaccount,andwewill pay
interestonthemoneyto theextentrequiredbydateit becomes
due;
·
applicablelaw. To theextentthatweareholding
c.Perfbrmorassoretheperformance
of all other |
obligationsunderanyprior nurtgageor anymoteor
moneyin theescrowaccountto payanyof thoseitems,
wewill payit withinthetimewithinwhichit canbe to whichIt relatesnowor in the
otheragreement
paidwithouracypenalty.If theamountof rnoneyin
future; .
p.Promptlynotify usin writingof anydefault
theescrowaccountis lessthantheamountwe payfor
underanyprior mortgage;
thoseitems,youmustwhenweaskyoutodo so,payus
q.If weaskyouto doso,payor assurethepayment
thedifference,andyou must,whenweaskyouto do so,
payusinterestontheunpaidportionof thedifference
of anyamountthepaymentofwhlohis nowor in the
futuresecuredby themortgagellen givia in anyprior
asthoughtheunpaidportionweréanoutstanding
variablemateadvanceandertheloanagreement. no laterthanfive dayabeforethedateit is to
mortgage
16. Moneypaid for taking. We maydirect any
become
due;
governmental If weaskyouto do so,provideto usnolaterthan
bodyor otherorganizationtaking anyof
r.
threedaysbeforethedateanyamountthepaymentof
thepropertyor receivinga transferof ownershipof any
whichis nowor in thefuturesecured
of thepropertyinsteadof takingit to paydirectly to us by themortgage
liengivenin anyprior mortgage
all moneyyouareentitledtofor the takingor transfer, is tobecomedue
andwemayapplythe moneyto anyoftheindebtedness evidence
to usthattheamounthasbeen
satisfactory
notyetpaidin anyorderwechoose.Theapplicationof
paid;.
Notenterinto anyagreement
the moneywill notrelieveyonof anyobligationto pay
s. shangingany prior
anyfuturepaytnentrequiredundertheloanagreement
mortgage;
L
17. Moneypaid underinsuranceoncondominium Notobtainor allowtheobtainingof any
of whichis secuted
addidonaladvancetherepayment
projectef plannedunit development.If the property
by themortgage1iengivenin anyprior mortgage;
includesa unit in a condominiumprojector planned
- unit development,
yonmustpayto usanymoneypaidu. Useyourbesteffortsto havetheownerof any
priormortgagesendusa copyof any noticetheowner
toyouunderanyinsuranceonthewholecondominium .
projector planned'unitdevelopmeñt. isrespdred
We mayspply the to sendyeat;
moneyto any oftheindebtedness
notyetpaid in anyv. Promptlyprovideto usa copyof anynoticeyea
receivefrom theownerof anyprior mortgage;and
orderwechooseratherthangiving it toyouto repair
w. Promptlysignanydocument
theunit. The applicationof themoneywill not relieve wewantsignedto
helpusto protectourinterestin anyof theptoperty
youof anyobilgaticoto payanyfuturepayment
requiredundertheloanagreement.. 19. Addittenalpr==f=If
Preview
FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406 NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018 EXHIBIT C FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406 NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018 FILED : CHAUTAUGUA COUNTY CLERK 10 /31/2 017 0 4 : 17 . , INDEX NO. EK1;2017.001406 PM) NYSCEF DOC. NO. 2 RECÈIVED NYSCEF: 10/31/201.7 CHAUTAUQUACOUNTY-STATEOF NEWYORK SANDRAK.SOPAKCOUNTYCLERK . 1NorthEriest,POBoxi70,Mayville,NewYork14757 COU NTYCLERK'SRECORDINGPAGE ***THISPAGEISPARTOFTHEDOCUMENT-DONOTDETACH*** Recording: cover Page 5.00 Fee 55.00 II II11111 I Ill III Recording Ed Cultural . 14.25 Records Management - Coun . 1,.00 Records Management - stat 4.75 RECEIPT NO. : 201306072106 sub Total: 80.00 Clerk: KAS . Mortgage Tax Instr #: MT2013001046 Basic Tax Amount 260.00 ReC Date: 01/04/2013 04:29:43 PM Spec Addl Tax Amcüiit 130.00 Doc Grp: . M Additional Tax Amount 105.00 Descrip: MORTGAGE Local Tax Amount 130.00 N um Pgs: 8 Rec'd Frm: AMERICAN TITLE INC Sub Total: . 625.00 Party1: WARNER ROBERT JAMES Party2: FIRST NIAGARA BANK N A Total: 705.00 j **** NOTICE: THIS IS NOT A BILL **** Town; .BUSTI ***** Mortgage Tax ***** serial #: DD-2667 Mtg Amt: 52000.00 WARNING*** Iberebycertifythattbowithin·andforegoingwas recordedin the Chautatqua County Clerk's Record and Return TO: Office,StateofNewYork. sheetusiänt±^ theClerks endorsemem This requiredbySection316oftheRoalitopertyLaw oftheStateofNewYork. AMERICAN TITLE INC PO BOX 641010 SandraKSopak OMAHA NE 68164 9914 c:.swq-county clerk FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406 NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018 FILED: CHAUTAUQUA COUNTY CLERK 04:17 ..INDEX NO . EK12 0 17 0 0 14 O6 10731/2017 PM) NYS CE F DOC . NO . 2 ECÉ 1VED NYS CE F : 1 U / 3 1/ 2 O17 APrenaecoisoiN& it151TGr AmuntiCANTME,210. 01 88 ATl9 ULTRA FLEX HOME EQUEFY85LINE OFrarnit ACCOUNTMORTGAGE WirstNiagaraBank,N.A. 1)ate11/2o/2o12 Borrower1'snameandaddress:apbgrt cau(es Warner-604 Big Tree StacrarGreve ReL JaneRtnWrl, Borrower2'snameandaddress: Janet Marilyn Warner -604 Bie Trae $uqarGroveR6, Jameshown, Otherowner'sname Otherowner'saddress: Mortgagedrealproperty 604nig Tree sugar arave se, nosei, chaucauqua,nr tool Initial variante Mexitnumprincipatamount$s2, coo.co neeportion-puué¾annual percentagerate3.99 N/A Lastdiscamtedratebilling oyelemonth tatiable ratepotticamargin 0.74 MaximumRate1s.g Miniman Rate3 Nointerest-colyperiod Interest-onlyperiod ! 121-18D . I2-120monthfixedrateloanmargin4. soinonthfixedrateloanmargia Numthmily units L Meaningof somewords. In this mortgagetherealproperty,inchuling.if therealpropertyis part "You" and "your" mean anyone of a condominiuraproject,rightsin thecommonareas a. signing this mortgage, andfacilitiesof thecondominium whetherasa borroweror otherowner; project:and b. "We," "us " "car" and "ours" meanPirstNiagara e.All rentalpaymentsfrom anyof therealproperty. Bank,N.A..6950 SouthTransf tRoad.P.O.Box514 Inother to worits, securethepayment of the Lockport,NY14095-0514; giveusa rnortgageliencoveringthe indebtedness,you c. "Theloan agreement" reni propertytogetherwith all appetenances meansan UIna Plex Home to it and all your estateand rights in it EquitySMline of credit accountagreementdatedthe A portion of the precedingsentencehas the meaningSection.255of dateof this mortgageand signedby everyonesigning i this niortgageasa borrowerand us, as theagreement the Real PropertyLaw givesto similar language.If exists nowor is changedin the future, or any thereal propertyis part of a condominianprojector replacement of theagreement, exists planned unit asthereplacement development, the name of the whensignedor ischangedafterthat; condominiumprojector plannedunit developinent is indebtedness" set forth in ScheduleA. d. "The means, taken together,all Examplesof fixturesare amonutspayablenowor becomingpayablein thefuture furnaces,hot water heaters,bathinbs, sinks.and andthis rnortgage; undertheloanagreentent kitchensabinetsinstalledin a building. An example e, "Theproperty" of a right in real propertythat arisesbecauseof the meansthereal property,rightsand tentalpaymentsdescribed in Section21 ownershipof the real propertyis the right tomoney . f. mortgage" "Prior meansany documentgiving a payablebecauseof the taking of any of the real propertyby a governmentalbodyor becauseof any presentlyexisting mortgagelien coveringany of se transferof ownership of any of the real property property,as thedocementexistsnow or is changedin thefuture,or any replacement instead of of the document,asthe itstaking by governmentalbody. An replacement exampleof a right in other real propertythat arises existswhensignedor is changedatterthat; | g. Law" "TheReal Property of the ownershipof real propertyis theright meansthe RealProperty because LawofNewYork Statetahd tocrosstheotherrealpropertyto getto a street. law" "TheLion meanstheLien Law of NewYork h. State.- . 3. Credit Jinemortgage.Thismortgageis a "credit 2. Mortgage lien. line mortgage"as the term is defined in Section To securethe paymentof the' yougiveusaraortgagelian covering. indebtedness, 28t(1) of the Real PropertyIAw. The mortgagelien a. you are giving us in 'Ihe real pr.opertycommonly describedby the · this mortgagesecuresthe [ at thebeginningof this mortgageasthe addressshown paymentof indebtednessarising onder the loan mortgaged real propertyanddescribedmorefunyby the agreement,which redectsthe fact that yon and we legaldescriptionset.forthin ScheduleA. Includingall a seriesof reasonablycontemplateentering into buildings and other improvementslocatednow or advancesoradvances,.paymentsand readvances, placedin the futureonthereal propertyandall fixtmes limits the totalprincipal amount at any time that arenow or becomein the future partof the real to the maximumpducipalamountshown outstaniding propertyby beinginstalledin.or on or affixedto thereal at the beginning of this mortgageand in not a contract" as the term is deBnedin property; "bnilding loan b. All rightsyouhavenow ot·acquirein thefuturein Sectlan2 (13) of the Qan law. *Ihat indebtedness thereatpropertyor otherreal propertybecauseyon own includesnotonly theoriginalindebtedness arising Page 1 of Ÿ FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406 NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018 FILED E CHAUTAUQUA COUNTY CLERK 10 /3172 017 Qhl1 PMGdNDEX NO . E Kl 2 0 17 0 0.14 0 6 NYS CE F DOC . NO . 2 RE CE IVE D NYS CE F : 10 /31/ 201 7 .under.the asa rmultof thefirst variable loan,agreement andfixell rateloansandfinancecharges onthe rateadvance i.nadeundertheloanagreementbutalso outstandingpardonsof thoseamounts.Youmustpay otherindebtedness arisingondertheloanagreement as that indebtedness asdescribeid in Schedule B. The a resultof anyothervariablerateadvanceor anyfixed precedingsentencehas the meaningsection254(3)of rateloanmadeundertheloanagreement duringthe theRealPropertyI..awgivesto similarlanguage. periodduringwhichvariablerateadvances andfixed rentsand obarges.You 10. Taxes,asseannents, rateloansmaybeobtainedundertheloanagreement, groundrent,sewerrent mustpayanytax.assessment, whichwill notbelongerthan20yearsafterthedate or waterchargeon anyof thepropertyandanyother . this mortgage is recorded. taxor otherchargethat,if anpaid, couldbecome a 4. Maximumamountsecured.Themaximum claimonanyof thepropertysuperiortothemortgage principalamountthepaymentofwhichis or underany usin lienyouare,givingthis ifyou mortgap,and, do contingencymaybesecuredby themortgagelienyou not pay it within thetimewithin whichit canbepaid aregiving usin this mortgageonthedateyonsignthis withoutpenalty,we may,but wewHinot havetobpay ] mortgageor at anylatertimeisthernaximurnprincipal it Whenweaskyouto doso,youmustreimburse us ·The amountshownat thebeginningof this mortgage. for it. Also,whenweaskyouto do so,yonmustpay maximumamountthepaymentofwhich maybe usinterestonits umeimbursed portionasthoughto securedby themortgagelien atanytime is thetotal of: portionwerean outsmading anreimbursed variable a. Themaximumprincipalamount; theloanagreement.Thefirst . rateadvancounder b. · Financechargeson thatmaximumprincipal ofthissectionhasthe meaningSection sentence amountasprovidedin thetoanagreement; 2$4(6)oftheRealPropertyLaw wouldgivetosimilar c. All paymentsmadeby ustoprotectourinterestin languageif It referredto thegroundtents,sewer rents the property;and andothertaxesandotherchargesaswellastothe d. Interestonthe unreimbursed porrionof any taxes,assessments andwatercharges.. .paymentrnadeby onto protectourinterestin the 11. Repairsand rebuilding. You mustpromptly propertyasthoughtheunreim arsed portionwerean repairorrebuildanybuildingthatis noworbecolnts outstandingvariablerateadvance undertheloan in the futurepartof thepropertyif it isdatnaged or agreement and,if youdonotdo so,wemay,butwe destroyed, S. Loanagreement,Theloanagreementprovides weask will not baveto, repairor rebuildit. When for themakingof variablerateadvances andfixedrateyouto doso,youmustreimburseusfor anyamount loansundertheloanagreement.Theloanagreement wepay torepairor abnild it Also,whenweaskyo providesfor a corresponding annualpercentage rate to do so,youmustpayusinterestontheunrcimbursed . with outstanding portionof thatamountasthoughtheunreimbursed and minimanpaymentsin connection variahh rareadvances that undertheloanagreement portionwereanoutstandingvariablerateadvance mayvary. Theprovisionsof theloanagreement undertheloanagreement 12.Restrictionsen nse.You mustnotaseanyof the concerningthosemattersaresetforthin Schedule B. The initial variablerateportioncorresponding annual property,or allow anyofit to beused,in anywaythat percentage ratebilling cycle rate,lastdiscounted .violatesanylegalrestrictionalrectingits use,and,if yondo so,we may,butwewill nothaveto, correctthe rnonth,variablerateportionmargin,maximumrateand minimumratereferredto in thefirst of thoseprovisions violation. Whenweaskyouto doso,youmust reimberseusfor anyamountwe paytocorrectthe areshownatthebeninningof thismortgage,Whether the boxat thebeginningof theloanagreement for no violation. Also, whenweasityeato doso,yonmust interest-onlyperiodor theboxatthebeginningof the portionofthat payusinterestontheunreimbursed loanagreement for interest-onlyperiodis checkedis werean amountasthoughtheunreirnbursed outstandingvariablerateadvanceundertheloan indicatedat thebeginningof thismortgagebychecking . agreement. of theboxforno interest-onlyperiodor the boxfor 13. Fire andother insurance. Youmustkeepany interest-onlyperiod. Theprovisionsof theloan agreementconcerningthecorresponding annual building.thatis nowor byfire, any riskcoveredby . percentage extendedcoverageor anyotherrisk againstwhichwe rateandpaymentsfor anyfixed rateloan aresetforth in madeundertheloanagreement wantit insuredotherf han.8ood,andyonmustassign · ScheduleB. The.12-72Inonthfixedrateloanmargin, anddeliveranypolicyprovidingtheinsurance tous, 73-180monthfixedrateloanmargin,maximumrate Whenweaskyouto doso,youmusttoimburse usfbt and minimumratereferredroin thefirst of those anypremiumfor the insurancewepaybecause youdo provislansareshownat thebeginningof thismortgage. not keepthe buildingcoveredby theinsurance or - 6. Dwelling. You.assure usthattheprincipal youdonot assignanddeliverthepolicyto us. because thatis building nowpartofthe propertyis anowner doao,youraust Also, whenweaskyouto payus occupieddwellinghavingthenumberof family units interestontheunmimtenedportionofthepremium showhat the·beginning of thismortgage. portionwerean asthoughtheunreimbursed 7. Prior anarigage.You assure usthat yonhave outstabdingvariablerateadvanceundertheloan notifiedusin writing of anypriormortgage,thatthere agreement.Thefirst twosentences ofthissection havethemeaningSection254(4)(s)of theReal isno defaultunderanyprior mortgageandthatnoprior mortgageprohibitsyoufromgivingus themortgage PropertyI.awwouldgivetosimilar language if it lien yonaregiving usin thismortgage. referredto riskscoveredby extendedcoverage andall 8. Owneralspand enan=- Yenassureusthatyou otherrisksagainstwhichwewanttheproperty own theproperty.In otherwords.youwarranttitle to insuredotherthanilcod aswell asto fire, exceptthat the paperty. The precedingsentence hasthemeaning despiteanythingin Section254(4)(a),we,inayapply anyrnoneypaidundertheinsurancetoanyof.the Section254(5)of theRealPropertyLaw givesto similarlanguagstAlso,youassureusthat theproperty indebtedness notyetpaidin anyorderwechoose is freefrom anyclaim, exceptfor anyclaim.ofrecord ratherthangiving it to youto repairorrebald the on thedateof thismortgage. building. Theapplicationof themoneywin not 9. relieveyouof any obligationto payanyfuture Paymentof indebtedness,Youmust payall indebtedness arisingundertheloanagreementfor . paymentrequiredandertheloanagreement ¡ amountsborrowedfromusasvariablerateadvances 14. Floodlusurance, You must)eepanybuilding Page 2 of 7 FILED: CHAUTAUQUA COUNTY CLERK 11/06/2018 10:49 AM INDEX NO. EK12017001406 NYSCEF DOC. NO. 49 RECEIVED NYSCEF: 11/06/2018 FILEDUCHAUTAUQUA COUNTY NDEX NO F K12 0 17 0 0 14 0 6 CLERK 10/31/2017 04217 PML NY S CE F DOC . NO . 2 RE CE IVED NYS CÈ F b1/Ò 0 thatis nowor becomes in thefuturepartof the property c. Allow ustoinspectthe propertyat anytime; insuredfor our benefitagainstlessby floodif the d. notify usin writing if anybuilding Bnmediately properlyis locatedin anareathathasbeenidentifiedby thatis nowor becomes in thefuturepartof the of HousingandUrbanDevelopment the Secretary asan propertyis damagedor destroyed; special areahaving f loodhazards andfor which flood e. Notuseanyof theproperty,or allow anyof it to insurance hasbeenmadeavailableunderthe National beused,illegallyor in any waynotallowedby all PloodInsuranceActof 1968,andyoumustassignand policiesprovidingany'insurance anit; deliveranypolloyprovidingtheinsurance to us. Whenf. Notabandonanyof thepropertyor allowanyof it weaskyoutodoso,youmustreimburseusfor any to beabandoned; premiumfor theinsurancewepaybecause you do not g. Without.firstobtainingcarpermissionin writing, keepthebuildingcoveredbytheinsurance or because nottransferownershipof anyofthepropertyor any youdonotassignanddeliverthepolicyto us. Also, interestin anyofir; whenweaskyouto so,youmustpayusinterestonthe h. Withoutfirst obtainingourpermissionin writing, unreimbursed portionof thepremiumasthdughthe notremove,teardown,anacturallyaheror changethe unreimbursed portionwerean outstanding variablerate useof anybuildingor otherimprovernent thatis now undertheiloanagreementThefirst two advance or becomes in thefuturepartofthepropertyor allow sentences-of thissectionhavethemeaningSection theremoval,tearingdown,structuralalterationor 254(4Xb)of theRealPropertyLawgivesto similar changein theuseof thebuildingor other exceptthat, despiteanythingin Section language, improvementi 254(4)(b),wemayapplyanymoneypaidunder the . L Withoutfirst obtainingoutparmissionin writing, to anyof theindebtedness insurance notyetpaid in any nottransferanyright to seceive anyrentalpayment ratherthan orderwechoone it givingtoyoutorepairorfromanyof thepropertytoanyoneotherthanus; rebuildthebuilding. the of Theapplication moneywill J. Without ourpermission first.obtaining in writing, notrelieveyouof any obligationto payanyfuture notchangeor cancelanyleasecoveringanyof the paymentrequiredundertheloanagreement property; 15. Passment rents, charges ef taxes,assessments, k,Withoutfirst obtainingourpermissicsin writing, andpremiums,To makeswethattaxes,assessments, notacceptanyrentalpaymentfromany ofthe propertymorethanonemonthin advance; groundrents,sewerrentsandwaterchargeson any of thepropertyandpremiumsfor insurance L on any of the Notplaceanyrestricdononthesaleor useof any ofthepropertybasedon anycharacteristic propertyarepaid,we mayrequirethat,subjectto any prohibited limitationimposedby applicablelaw,youpay usall by applicablelaws m, If weaskyouto doso,promptlyprovidea to paythoseitemsexceptto the amountsnecessary extentthatyoupaythe moneyfor thosehemsto any completecopyof anyprior mortgage to us; n. Payor assurethepaymentof any amountthe histitutionallenderthatis theownerof anyprior paymentof whichis nowor in thefumresecuredby mortgage,Wewili hold anymoneyyoupay usfor themortgage1iengivenin anypriormortgageby the thoseitemsin anescrowaccount,andwewill pay interestonthemoneyto theextentrequiredbydateit becomes due; · applicablelaw. To theextentthatweareholding c.Perfbrmorassoretheperformance of all other | obligationsunderanyprior nurtgageor anymoteor moneyin theescrowaccountto payanyof thoseitems, wewill payit withinthetimewithinwhichit canbe to whichIt relatesnowor in the otheragreement paidwithouracypenalty.If theamountof rnoneyin future; . p.Promptlynotify usin writingof anydefault theescrowaccountis lessthantheamountwe payfor underanyprior mortgage; thoseitems,youmustwhenweaskyoutodo so,payus q.If weaskyouto doso,payor assurethepayment thedifference,andyou must,whenweaskyouto do so, payusinterestontheunpaidportionof thedifference of anyamountthepaymentofwhlohis nowor in the futuresecuredby themortgagellen givia in anyprior asthoughtheunpaidportionweréanoutstanding variablemateadvanceandertheloanagreement. no laterthanfive dayabeforethedateit is to mortgage 16. Moneypaid for taking. We maydirect any become due; governmental If weaskyouto do so,provideto usnolaterthan bodyor otherorganizationtaking anyof r. threedaysbeforethedateanyamountthepaymentof thepropertyor receivinga transferof ownershipof any whichis nowor in thefuturesecured of thepropertyinsteadof takingit to paydirectly to us by themortgage liengivenin anyprior mortgage all moneyyouareentitledtofor the takingor transfer, is tobecomedue andwemayapplythe moneyto anyoftheindebtedness evidence to usthattheamounthasbeen satisfactory notyetpaidin anyorderwechoose.Theapplicationof paid;. Notenterinto anyagreement the moneywill notrelieveyonof anyobligationto pay s. shangingany prior anyfuturepaytnentrequiredundertheloanagreement mortgage; L 17. Moneypaid underinsuranceoncondominium Notobtainor allowtheobtainingof any of whichis secuted addidonaladvancetherepayment projectef plannedunit development.If the property by themortgage1iengivenin anyprior mortgage; includesa unit in a condominiumprojector planned - unit development, yonmustpayto usanymoneypaidu. Useyourbesteffortsto havetheownerof any priormortgagesendusa copyof any noticetheowner toyouunderanyinsuranceonthewholecondominium . projector planned'unitdevelopmeñt. isrespdred We mayspply the to sendyeat; moneyto any oftheindebtedness notyetpaid in anyv. Promptlyprovideto usa copyof anynoticeyea receivefrom theownerof anyprior mortgage;and orderwechooseratherthangiving it toyouto repair w. Promptlysignanydocument theunit. The applicationof themoneywill not relieve wewantsignedto helpusto protectourinterestin anyof theptoperty youof anyobilgaticoto payanyfuturepayment requiredundertheloanagreement.. 19. Addittenalpr==f=If