New York Provisions. (a) Mortgagor hereby makes the following statement: “This Mortgage does not cover real property principally improved or to be improved by one (1) or more structures containing in the aggregate not more than six (6) residential dwelling, each having its own separate cooking facilities.” and (b) the covenants and conditions contained herein, other than those included in the New York Statutory Short Form of Mortgage, shall be construed as affording to Mortgagee rights additional to, and not exclusive of, the rights conferred under the provisions of Section 254 of the Real Property Law of the State of New York.
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Samples: Rents and Security Agreement (Acadia Realty Trust), Loan Agreement (Acadia Realty Trust)
New York Provisions. (a) Mortgagor hereby makes the following statementstatements: “"This Mortgage does not cover real property principally improved or to be improved by one (1) or more structures containing in the aggregate not more than six (6) residential dwellingdwelling units, each having its own separate cooking facilities.” " and (b) the covenants and conditions contained herein, other than those included in the New York Statutory Short Form of Mortgage, shall be construed as affording to Mortgagee rights additional to, and not exclusive of, the rights conferred under the provisions of Section 254 Sections 254, 271 and 272 of the Real Property Law of the State of New York, all of which are incorporated herein by reference to the extent applicable.
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Samples: Mortgage and Security Agreement (Bradlees Stores Inc)
New York Provisions. (a) Mortgagor hereby makes the following statement: “"This Mortgage does not cover real property principally improved or to be improved by one (1) or more structures containing in the aggregate not more than six (6) residential dwelling, each having its own separate cooking facilities.” " and (b) the covenants and conditions contained herein, other than those included in the New York Statutory Short Form of Mortgage, shall be construed as affording to Mortgagee rights additional to, and not exclusive of, the rights conferred under the provisions of Section 254 of the Real Property Law of the State of New York.
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