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Fillable Printable Spreader Agreement - New York

Fillable Printable Spreader Agreement - New York

Spreader Agreement - New York

Spreader Agreement - New York

SPREADER AGREEMENT
Agreement made this day of, 20 , between
, a New York , having its principal
place of business at
,
herein described as the Mortgagor, and , a bank organized
and existing under the laws of the State of New York and having its principal place of business at
,
hereinafter described as the Mortgagee.
Whereas:
The Mortgagee is the owner and holder of a certain note and the Mortgage securing the same
bothdated in the face amount of ,
whichMortgage was recorded in the office of the County Clerk
on ,20,inLiberofMortgagesat
page ; which mortgage is avalid lien on a portion of the
premises hereinafter described and on which Note and Mortgage there is now unpaid the principal
sum of
The Mortgagor is now the owner in fee simple of the entire premises described at Schedule
A, attached hereto and made a part hereof.
The Mortgagor and the 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 Dollar(s) toeach party bythe
her in hand paid, receipt whereof is hereby acknowledged, and for the purpose of carrying out the
intention above expressed, the Mortgagor and the Mortgagee hereby covenant and agree as follows
that:
The lien of the Mortgage hereinabove described be and the same hereby is spread over the
whole of the premises described at Schedule A, attached, and same shall and now constitute a valid
first Mortgage thereon securing the principal sum of with interest tobe
paid in accordance with the aforementioned Note. The Mortgagor and the Mortgagee hereby
certify that this instrument secures no further or her indebtedness or obligation.
The Mortgagor hereby reaffirms all the terms and conditions of the Note above mentioned and
the Mortgage above mentioned, and hereby agrees to comply with and perform all the obligations and
conditions of said note and Mortgage, there being no modification thereof, her than the spreading of
the Mortgage lien to all of the premises described at Schedule A, attached.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed on
this day of , 20 .
MORTGAGOR:
By:
Name:
Title:
MORTGAGEE:
By:
Name:
Title:
ACKNOWLEDGEMENT TAKEN IN NEW YORK STATE
State of New York, County of , ss:
On the day of in the year , before
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.
ACKNOWLEDGEMENT BY SUBSCRIBING WITNESS
TAKEN IN NEW YORK STATE
State of New York, County of , ss:
On the day of in the year , before
me, the undersigned, a Notary Public in and for said State, personally
appeared, 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
(if the place of residence is in a city, include the street and street number if any, thereof);
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
ACKNOWLEDGEMENT TAKEN IN NEW YORK STATE
State of New York, County of , ss:
On the day of in the year , before
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.
ACKNOWLEDGEMENT TAKEN OUTSIDE NEW YORK
STATE
*State of , County of , ss:
*(Or insert District of Columbia, Territory, Possession or Foreign
County)
On the day of in the year
,before 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), 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, and
that such individual make such appearance before the undersigned in
the
(add the city or political subdivision and the state or country or other
place the acknowledgement was taken).
TitleNo.
TO
SECTION:
BLOCK:
LOT:
COUNTY OR TOWN:
RETURN BY MAIL TO:
DISTRIBUTED BY
The Judicial Title Insurance Agency LLC
800-281-TITLE
(
8485
)
FAX: 800-FAX-9396
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