FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`Exhibit
`
`"A"
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`LERK
`04 / 05 /2018
`57
`FILED
`COUNTT
`: DUTCHESS
`01:
`NYSCEF DOC. NO. 26
`NYSCEF
`NO.
`3
`DOC.
`
`INDEX NO. 2018-50915
`INDEX
`NO.
`2018-50915
`RECEIVED NYSCEF: 01/17/2019
`RECEIVED
`NYSCEF:
`04/05/2018
`
`SUPREME
`COUNTY
`
`OF THE STATE
`COURT
`OF DUTCHESS
`
`OF NEW YORK
`
`Index
`
`No.:
`
`CERTIFICATE
`PURSUANT
`
`OF MERIT
`TO CPLR
`3012-b
`
`Premises:
`Mortgaged
`3 N Hinterlands
`Drive,
`NY 12572
`Rhinebeck,
`
`------
`
`National
`but
`solely
`Mortgage
`
`Certificates,
`
`U.S.
`
`Bank
`
`capacity
`Franklin
`Backed
`
`-against-
`
`---------------X
`not
`in its individual
`Association,
`First
`for Merrill
`Lynch
`as Trustee
`Asset-
`Mortgage
`Loan
`Loan
`Trust,
`2007-2
`Series
`
`Plaintiff,
`
`Gloria
`
`Craft
`
`Mann
`
`a/k/a Gloria
`a/k/a Gloria
`Craft
`DOE #1"
`Michael
`and "JOHN
`Craft,
`Hendrickson,
`DOE #10",
`ten names
`fictitious
`the last
`"JOHN
`being
`the person
`unknown
`to the plaintiff,
`or parties
`intended
`or parties,
`or claiming
`the persons
`if any,
`having
`being
`described
`in or
`upon
`lien
`the Mortgage
`premises
`interest
`the Complaint,
`
`Mann
`through
`and
`
`an
`
`in
`
`------------
`
`---
`
`Defendants.
`-------X
`
`1.
`
`2.
`
`3.
`
`to practice
`
`I am an attorney
`at
`licensed
`law duly
`Firm of Frenkel,
`the Law
`affiliated
`with
`for Plaintiff,
`the attorney
`U.S.
`Bank
`LLP,
`as Trustee
`individual
`but
`capacity
`solely
`Loan
`Loan
`Mortgage
`Mortgage
`Trust,
`in this
`action.
`
`Lambert,
`National
`for Merrill
`Asset-Backed
`
`and am
`of New York
`in the state
`& Gordon,
`Weisman
`in its
`not
`Franklin
`Series
`
`Weiss,
`Association,
`Lynch
`First
`
`Certificates,
`
`2007-2,
`
`residential
`This
`in Real
`belief
`subject
`
`Property
`defendants,
`to foreclosure.
`
`foreclosure
`Actions
`Gloria
`
`involves
`action
`and Proceedings
`and Michael
`Craft
`
`term is defined
`as such
`a home
`loan,
`information
`and
`Law
`§1304.
`Upon
`of
`Craft
`are residents
`the property
`
`pertinent
`
`including
`
`decaments,
`the mortgage
`all
`the other
`and
`and
`
`underlying
`(if
`any),
`extension,
`
`and reviewed
`of
`I have
`case
`the facts
`reviewed
`this
`or bond
`and note
`the mortgage,
`agreement
`security
`all
`of assignment
`executed
`instruments
`by defendant,
`indebtedness
`instruments
`of
`consolidation.
`
`including
`
`any modification,
`
`1 of
`
`3
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`: DUT CHE S S COUNT7
`: 57
`LERK
`05 /2018
`01
`FILED
`NYSCEF DOC. NO. 26
`0 4/
`DOC.
`NO.
`3
`NYSCEF
`
`INDEX NO. 2018-50915
`INDEX
`NO.
`2018-50915
`RECEIVED NYSCEF: 01/17/2019
`RECEIVED
`NYSCEF:
`04/05/2018
`
`I have
`plaintiff:
`
`Name
`Takesha
`
`cessinted
`
`about
`
`the
`
`facts
`
`of
`
`this
`
`case with
`
`the following
`
`representative
`
`of
`
`Brown
`
`Document
`
`Execution
`
`Associate
`
`Title
`
`Upon
`
`review
`this
`I certify
`belief,
`and that
`action,
`documents.
`
`to the best
`and consultation,
`basis
`is a reasonable
`that
`there
`is the creditor
`entitled
`plaintiff
`
`of my knowledge,
`the commencement
`for
`under
`to enforce
`rights
`
`information
`this
`of
`these
`
`and
`
`4.
`
`5.
`
`6.
`
`7.
`
`8.
`
`Listed
`otherwise
`
`security
`defendant;
`indebtedness,
`including
`box
`if no documents
`
`hereto
`to the
`
`are copies
`•''m==s
`
`any modification,
`in Exhibit
`are attached
`
`A and
`attached
`in Exhibit
`as attachments
`included
`agreement
`or bond
`and note
`waderlying
`(if
`of assignment
`all
`instruments
`any);
`extension
`A: O.)
`
`not
`
`documents
`of
`the following
`the mortgage,
`and
`complaint
`by the
`the mortgage
`executed
`of
`and any other
`instrument
`consc°=ª
`and
`(Check
`
`Listed
`certain
`
`in EWMt
`doc'1man's
`
`destruction,
`
`Exhibit
`
`theft,
`B: EI.)
`
`B and
`attached
`as described
`or otherwise.
`
`are supplemenini
`hereto
`afEdavits
`are lost, whether
`in paragraph
`6 supra
`by
`if no doc=±
`box
`are attached
`(Check
`
`in
`
`that
`
`under New York
`I am aware
`of my obligations
`and 22 NYCRR
`NYCRR
`Part
`130.
`Part
`1200)
`
`Rules
`
`of Professional
`
`Conduct
`
`(22
`
`Dated:
`
`Williamsville,
`March
`23, 2018
`
`New York
`
`Kristin
`
`Bolduc,
`
`Èsq.
`
`2 of
`
`3
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`Exhibit
`
`"B"
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`March
`
`16, 2007
`[Date)
`
`NOTE
`
`Sarata
`
`prings
`
`3 N. HINTERLANDS
`DRIVE
`NY 12572
`RHINEBECK,
`[Property Address]
`
`New York
`[State)
`
`L
`
`TO PAY
`BORROWER'S
`PROMISE
`In return for a Ioan that
`Ipromise
`Ihave
`to pay U.S. $ 413,000.00
`received,
`to the order of
`is
`plus interest,
`the Leader. The Leader
`"Principal"),
`FIRST
`AN OP. SUB. OF MLB&T
`FSB
`FRANKLIN
`RNANCIAL
`CO,
`CORP,
`this Note in the fonu of cash, check or money order.
`I will make all payments
`under
`I understand
`or anyone who takes this Note by transfer
`that
`the Lender may transfer
`this Note. The Lender
`this Note is called the "Note Holder."
`entitled
`to receive paymass
`under
`
`(this amount
`
`is called
`
`and who is
`
`2.
`
`INTEREST
`Interest will be charged
`9.9500 E
`rate of
`The interest
`rate required
`this Note.
`6(B) of
`
`on unpaid principal
`
`until
`
`the full amount
`
`of Principal
`
`has been paid.
`
`I will
`
`pay interest
`
`at a yearly
`
`by this Section
`
`2 is the rate I will
`
`pay both before and after any default
`
`described
`
`in Section
`
`3.
`
`PAYMENT$
`and Place of Payments
`Time
`(A)
`I will pay principal
`and interest by making
`a payment
`every month,
`I will make my monthly
`payment
`on the
`day of each month
`on
`1st
`May 01, 2007
`beginning
`I will make these payments
`every month
`described
`and any other
`I have paid all of
`the principal
`and imerest
`charges
`until
`payment wilI be applied
`its scheduled
`due date and will be applied
`I may owe under
`this Note. Each monthly
`below that
`as of
`, I still owe amatta
`to interest before Principal.
`I will
`pay those
`If, on
`tmder
`this Note,
`April
`01, 2037
`Date."
`in full on that date, which
`is called the "Maturity
`amounts
`1will make my monthly
`payments
`at 150 ALLEGHENY
`
`CENTER
`
`MALL, PITTSBURGH,
`
`PA 15212
`
`Amount
`(B)
`My monthly
`
`Payments
`of Monthly
`payment will be in the amount of U.S. $ 3,448.78
`
`or at a different
`
`place if
`
`required
`
`by the Note Holder.
`
`4.
`
`as
`a
`
`TO PREPAY
`RIGHT
`BORROWER'S
`to make payments
`of Principal
`I have the right
`at any time before
`of Principal
`they are due. A paymcat
`is known
`only
`a "Prepaymenti"
`the Note Holder
`When
`I make a Prepayment,
`I will
`in wrf ting that
`tell
`I am doing
`I may not dasgnte
`so,
`the monthly
`payment
`as a Prepayment
`if T have not made all
`due under
`the Note.
`payments
`charge, The Note Holder will
`I may make a full Prepayment
`a Prepayment
`or partiel Prepairscata
`without
`use iny
`paying
`the amount
`to reduce
`I owe
`this Note. However,
`Prepayments
`of Principal
`that
`under
`the Note Holder may apply my
`to the accrued
`and unpaid
`interest
`on the Prepayment
`Prepayment
`before
`applying my Prepaymcat
`to reduce
`the
`amount,
`in the due date or in the amount
`amount
`the Note.
`there will be no changes
`of my
`I make a partial P epayment,
`Principal
`of
`If
`unless the Note Holder
`to thosq changes.
`agrees in writing
`payment
`nionthly
`THE PREPAYMENT
`HERETO AND MADE A P
`NOTE ADDENDUM
`ATTACHED
`AMENDS THE PREPAYMENT
`PROVISIONS
`OF THIS NOTE
`
`FIXED RATENOTE-Singic
`MULTISTATE
`rrEMWeL1(OMU upcosgng
`
`Family-Famde Mae/Freddlel9a
`{Pay 1 of 3 imp)
`
`""
`
`amats
`
`in
`
`s
`
`inmats
`
`npals
`
`T HEREQF
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`5,
`
`LOAN CHARGES
`or
`the interest
`interpreted
`so that
`loan charges,
`sets maximmn
`to this loan and which
`applies
`If a law, which
`is finally
`the permitted
`then:
`this loan exceed
`loan charges
`(a) any such
`or
`in connection
`to be collected
`with
`collected
`other
`limits,
`to reduce the charge to the permittst
`loan charge shall be reduced
`and (b) any sums already
`by the amount
`limit;
`necessary
`exceeded
`from me which
`limits will be refunded
`to me. The Note Holder may choose to make this refund
`collected
`permitted
`I owe under
`this Note or by making
`payment
`the
`to me.
`reduces Prbripal.
`the Pducipa
`a direct
`If a refund
`by reducing
`will be treated as a partial Prepayment.
`reduction
`
`6.
`
`of each monthly
`
`payment
`
`on the date it
`
`is due,
`
`I will
`
`be in default.
`
`TO PAY AS REQUIRED
`FAILURE
`BORROWER'S
`Payments
`for Overdue
`Late Charge
`(A)
`has not
`received
`the full amount of any meathly
`the Note Holder
`If
`calendar
`by the end of
`payment
`Fifteen
`The amount
`I will
`pay a Inte charge to the Note Holder,
`2.0000%
`be
`the charge will
`days after
`the date it
`is due,
`of
`of my overdue
`I will pay this late charge promptly
`of principal
`and interest.
`3-yscat
`but only once on each late payment.
`Default
`(B)
`I do not pay the full amount
`If
`Notice
`of Default
`(C)
`I do not pay the overdue
`notice telling me that
`the Note Holder may send me a written
`If
`I ani
`by a
`if
`in default,
`amount
`certain
`the Note Holder may require me to pay immediately
`the full amount
`of Principal
`has not been paid and all
`which
`date,
`That date must be at least 30 days af ter
`I owe on that amount.
`the date on which
`to me or
`the interest
`that
`the notice is mailed
`by other means.
`delivered
`No Waiver
`By Note IIolder
`(D)
`the Note Holder
`Even if, at a time when I am in default,
`does not
`to do so if
`I am in default
`the Note Holder will
`still have the right
`above,
`of Note Holder's
`Costs and Expenses
`Payment
`(E)
`in full as described
`has required me to pay humMi±1y
`If
`the Note Holder
`its costs and expenses
`be paid back by me for all of
`this Note
`in enforcing
`attorneys'
`for example,
`reasonable
`fees.
`Those expenses include,
`
`require me to pay immediately
`at a later
`time.
`
`in full
`
`as described
`
`the Note Holder will
`have the right
`to
`above,
`law.
`to the extent
`by applicaMe
`not prohibited
`
`7.
`
`OF NOTICES
`GIVING
`law requires
`any notice that must be given to me under
`a different method,
`applicable
`Unless
`it by first class mail
`to me at the Property Address
`above or at a different
`it or by mailing
`delivering
`Holder
`a notice of my different
`address.
`that must be given
`to the Note Holder
`Any notice
`under
`the address atated in Section
`to the Note Holder
`at
`class mail
`different
`address.
`
`this Note will
`be given by delivering
`address if
`3(A) above or at a different
`
`be given by
`this Note will
`address if
`I give the Note
`
`it by first
`it or by mailing
`I am given a notice of
`that
`
`8,
`
`THIS NOTE
`OF PERSONS
`UNDER
`OBLIGATIONS
`the promises made in
`to keep all of
`If more than one person signs this Note, each person is fully
`oMigatM
`and perwrelly
`to pay the full amount
`surety or endorser
`owed. Any person who is a guarsater,
`the promise
`of.this Note
`this Note,
`indüding
`to do these things. Any
`person who takes over
`is also obligated
`iñd
`these obligations,
`ing the oblig
`ms of a guarantor,
`of
`is also obligated
`this Note,
`to keep all of
`the promises made in this Note. The Note Holder may enforce
`surety or endorser
`or against all of us together.
`its rights under
`this Note against each person individually
`This means that any one of us may be
`required
`to pay all of
`this Note.
`owed under
`the amounts
`
`9. WAIVERS
`I and any other person who has obligations
`and Notice
`this Note waive
`under
`of Presentment
`the rights
`of Dishonor.
`of Dishonor"
`t" means the right
`due.
`"Notice
`to demand
`of amounts
`to require
`the Note Holder
`payment
`"Presentmen
`means
`the right
`the Note Holder
`to give notice to other persons
`due have not been paid.
`to require
`that amet±
`
`NOTE
`SECURED
`10. UNIFORM
`varisticas
`with limited
`to the pictactions
`In addition
`in some jurisdicticas.
`This Note is a uniform instrument
`given to the
`Note Holder
`this Note,
`under
`dated the same date
`Deed of Trust,
`or Security Deed (the "Security
`a Mortgage,
`Instrameñt"),
`as this Note, protects
`the Note Holder
`from possible
`inight
`I do not keep the promises which
`I make in
`losses which
`result
`if
`
`MUL TISTATE FIXED RATji NOTE-Sinpe
`ITEM1646L20011) MFCD3002
`
`Family-Fannie.Mae/
`Freddie Mac UNIFORM INSTRUMENT
`(Page 2 of 3 pages)
`
`Form3200 1/01
`m
`enanap
`are 8184B1-1131
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`Instrument
`this Note. That Security
`I owe under
`in full of all amounts
`
`how and under what
`acsedks
`those ccadities
`this Note. Some of
`
`I may be required
`diticts
`as follows:
`are described
`
`to make immedisc
`
`payment
`
`transferred
`is sold or
`in the Property
`If all or any part of
`or any Interest
`the Property
`without
`and a b~eficial
`is sold or
`Leader's
`in Borrower
`interest
`natural
`person
`transferred)
`in full of all sums secured by this Security
`Instrument.
`inunediate
`payment
`Lender may require
`is prohibited
`Law.
`by Lender
`if such exercise
`by Applicable
`shall-not
`be exercised
`notice
`shall provide
`The notice
`exercises
`this option,
`Lender
`shall give Borrower
`of acceleration.
`If Lender
`less than 30 days from the date the notice
`which
`of not
`is given
`period
`15 within
`in accordance
`with Section
`must pay all sums secured
`Instrument.
`by this Security
`to the
`fails
`Borrower
`to pay these sums prior
`If Borrower
`Leader may invoke
`any remedies
`Innainmat
`without
`this period,
`permitted
`by this Security
`further
`of
`expiration
`on Borrower.
`notice or demand
`
`if Borrower
`(or
`prior written
`However,
`
`is not a
`consent,
`this option
`
`a
`
`20trowcc
`
`has executed
`
`and acknowledges
`
`receipt
`
`of pages 1 through
`
`3 of
`
`this Note,
`
`(Seal
`-a=wer
`
`Rt(
`
`CRAFT
`
`_(Seal)
`-Borrower
`
`-Borrower
`
`(Seal)
`-Bewer
`
`(Seal)
`-Borrower
`
`(Seal)
`-Borrower
`
`[Sign Original
`
`Only)
`
`WITNESS
`
`THE 1IAND(S)
`
`AND SEAL(S) OF THE UNDERSIG
`
`D
`
`.
`
`ICH"
`
`.
`
`RAFT
`
`Pay to the order of:
`First Frankiln anantSd corpmation
`without Bacourse
`FirstFrankilnRnancial
`l4sa
`an on.Sukof
`
`y
`
`BT
`
`Tanun1
`
`lFunder
`
`the Qrder oft
`
`pay
`
`Recotsse
`Without
`gret Franidin
`
`By:
`
`txamleiovinQ
`/Funder
`clos
`
`lai CW
`
`20
`
`F1XED RATE NOTE-Single
`MULTISTATE
`ITEM!€49La(9°m MFCD3002
`
`Family
`
`aurd: M::addle
`(Pajle }of 3 pages)
`
`Mac UNIFORMINSTRUMENT
`
`Form 32001/91
`GREATLAND4
`3930FatBirdSMW
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`PREPAYMENT
`
`NOTE
`
`ADDENDUM
`
`2007
`March
`same date (the "Note")
`
`,
`
`given
`
`16th
`is made this
`day of
`This PrepaymentNote
`Addendum
`the Note ofthe
`and is incorporated
`into and shall be deemed to amend and supplenislit
`(the "Borrower")
`by the undersigned
`to evidence Bormwer's
`indebtedness
`to
`AN OP. SUB. OF MLB&T
`FSB
`FIRST
`FRANKLIN
`FINANCIAL
`CORP.,
`CO,
`Deed
`which
`is secured
`of Trust
`(the "Lender"),
`ind±±ess
`by a Mortgage,
`same date and covering
`in the Security
`ofthe
`described
`the y1ugmy
`Instrument"),
`3 N. HINTERLANDS
`DR1VE
`NY 12572
`RHINEBECK,
`
`or Security
`Instrument
`
`(the "Security
`Deed
`and located at:
`
`ADDITIONAL
`Borrower
`Instrument,
`
`COVENANTS.
`and Leader
`further
`
`to the contrary
`añÿthiñg
`Notwithstanding
`and agree as follows:
`covenant
`
`set
`
`forth
`
`in the Note or Security
`
`1. Section
`"fidiprepayment"
`
`for a prepayment
`to provide
`is modified
`the Note,
`4 of
`full prepayment.
`charge upon Barrower's
`the unpaid principal
`is the prepaymerit
`of all of
`due under
`A prepayment
`theNote.
`of only
`prepayment."
`is known
`oT~the unpaid principal
`as a "partial
`
`A
`part
`
`prepayment
`can make a partial
`Borrower
`subject
`prepayment
`at anytime
`to a prepayment
`
`at anytime without
`charge as follows:
`
`paying
`
`any charge.
`
`Borrower may make a full
`
`. 12
`the date Borrower
`If within
`the first
`makes a full
`the Note, Borrower
`execütes
`after
`months
`as a result of
`the Note), Borrower
`prepaymcat
`prepaym fits occurring
`the acceleration
`the maturity
`of
`of
`(including
`as a condition
`precedent
`to a full
`prepaid
`in any 12
`pay a prepayment
`charge
`on any amount
`must,
`prepayment,
`in excess of 20% of
`the interest
`period
`balance.
`charge will
`equal
`month
`the unpaid
`The prepayment
`that would
`the Excess Principal
`accrue during
`a six-montl
`beriod.on
`câlculãted
`interest
`under
`the terms
`at the rate of
`in effect
`oftheNote
`at the time ofthe
`full prepayment.
`
`2. All
`
`otherprovisions
`
`of
`
`the Note are arichangcd
`
`by this Addeñdgm and remain
`
`in full
`
`force and effect.
`
`NOTICE
`
`TO BORROWER
`
`provides
`the payment
`for
`loan agreement
`before you read it. This
`Do not sign this loan agreement
`of a
`for
`if you wish to repay
`to the date provided
`repayment
`the loan prior
`in the loan agreement.
`penalty
`
`BY SIGNING
`Note Addendum.
`
`BELOW,
`
`Borrower
`
`accepts and agrees to
`
`e
`
`s and covêñañts
`
`contained
`
`In the
`
`ayment
`
`.
`
`ICHA
`
`C AFT
`
`.(Seal)
`-Bonowe
`
`ÒLDRIA
`
`CRAFT
`
`.
`
`fSeal).
`-Borrower
`
`(Seal)
`-Borrower
`
`.
`
`(Seal)
`-norrear
`
`(Seal)
`-Bonower
`
`(Seal)
`*Borrower
`
`Fixed Rate and Balloon Prepayment Note Ad±=d::a
`NY, OK, OR,PA, SC, SD, TN, TX, UT, WA, WY
`
`FF003310
`
`MFCD6ON
`
`- First Lien - AZ, CA, CO, CT, DE, FL, H1, ID, IA, LA, MT, ND, NE, NH, NV,
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`NOTE ADDENDUM TO FlXED
`RATE NOTE-
`BALLOON
`FIRST FRANKLIN FINANCIAL CORP.,
`to be Used for Texas Hometend
`Loans Unless Proceeds Used Only for Purchase Money or Refinance of Purchase Money)
`
`(Not
`
`Date: March
`
`18, 2007
`
`t DEBTOR (S):
`
`MICHAEL
`
`CRAFT,
`
`GLORIA
`
`CRAFT
`
`Property Address:3
`
`N. HINTERLANDS
`DRIVE
`NY 12572
`RHINEBECK,
`
`"Add:ñdum" means this Balloon Note A&nium
`2. DEFINED TERMS; ADDENDUm!' A PART OF THE NOTE.
`to the Fixed Rate Note
`the Note dated the same date as this Addendum. The lerm Lander
`("Note") which is attached to, made a part of and amends and s;pp!;=;rde
`.=
`and assigns.
`suenesors
`In the event
`there are any confEots between this Ad
`and the Note,
`includes Lenders
`the prceisicits of the
`any capitalized terms shall have the same meaning as in the Note.
`Add5ñhm wUIcontroL Unless specifically defined In this Add=dum,
`
`3. BALLOON NOTE. The final payment dµe on the Maturity Date of the Note is larger than the prevlaus monthly paymenk.
`includes a substantial payment of principal. This Note is commonly called a "balloon note."
`
`The final payment
`
`You understand and agree as fonows:
`
`4, BALLOON NOTE AGREEMENT.
`.
`THIS LOAN IS PAYABLE IN FULL ON THE MATURITY DATE SET FORTH IN THE NOTE. YOU.MuST REPAY THE ENTlRE PRINCtPAL
`THE LENDER IS UNDER· NO OBLIGATION TO
`BALANCE QF THE LOAN, UNPAID INTEREST AND OTHER SUMS WIEN DUE.
`REFINANCE THE LOAN AT THAT TIME. Y OU W1LL, THEREFORE, SE REQUIRED To MAKE PAYMENT OUT OF OTHER ASSETS
`THAT YOU MAY OWN, OR YOU WILL NAVE TO FIND A LENDER, WHICH MAY BE THE LENDER YOU HAVE THIS LOAN WITH,
`WILLING TO LEND YOU THE MONEY.
`IF YOU REFINANCE THIS LOAN AT MATURrTY YOU MAV HAVE TO PAY SONIE OR ALL OF
`THE CLOSING COSTS NORMALLY ASSOGlATED WITH A NEW LOAN EVEN IF YOU OBTAIN REFINANGING FROM THE SAME
`LENDER.
`
`6. SIGNATUIRES. YOU,
`INTENDING TO BE LEGALLY BOUND, HAVE: READ AND AQREE TO ALL PROVISIONS QF THIS ADDEND.UM.
`CAUTiON - D0 NOT SIGN THIS ADDENDUM IF IT CONTAINS ANY BLANK SPACES TO BE FILLED IN.
`IT IS IMPORTANT THAT YOU
`THOROUGHLY PtEADIT BEFORESIGNING.
`You acknowledge teceipt of a completed copy of this Addendum.
`
`CRAFT
`Debtor: M|Cl-lAEL
`Type or print name of Debtor
`
`Debtor: GLOltIA(;RAFT
`Type or print name of Debtor
`
`x
`
`jilh
`
`s
`
`re
`
`13ebtor s signature
`
`Debtop
`
`Debtor:
`
`Debtor:
`
`Debtor:
`
`Type or printnerneof
`
`Debtor
`
`Debtors signature
`
`Type or print name of Debtor
`
`Type or print name of Debtor
`
`Type or print name of Debtor
`
`.
`
`X.
`
`X
`
`X
`
`Debtors signature
`
`Debtors signature
`
`Debtor's e.Ignature
`
`...
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`ADDENDUM
`
`NOTE AND SECURITY
`TO PROMISSORY
`(New York Balloon
`Loan Disclosures)
`
`AGREEMENT
`
`This Addedu-
`Note
`Agreement
`and Security
`to Piersissory
`("Add=dam")
`Note and Security Agrement
`into that certain Promisamy
`reference
`("Contract")
`Terms shall have the meanings
`in the Note,
`described
`
`spppkiscats
`ofeven
`
`and is incorporated
`by
`date betweea
`you and us.
`
`Please read the following
`
`carefully:
`
`is checked, we will
`this box
`If
`X]
`balance has been repaid.
`Accordingly:
`
`not guarantsc
`
`refinancing
`
`of
`
`the loan for 2.dd!:icr.ai
`
`terms until
`
`the principal
`
`TERM OF THE
`AS A RESULT,
`YEARS.
`LOAN
`THE
`IS _30.
`AND ANY ACCRUED
`PRINCIPAL
`BALANCE
`ENTIRE
`THE
`FROM THE DATE ON WH1CH THE LOAN
`IS MADE.
`
`YOU WILL
`INTEREST
`
`BE REQUIRED
`THEN
`OWING
`
`TO REPAY
`30
`YEARS
`
`HAS NO OBL1GATION
`LENDER
`THE
`YOU MAY BE REQUIRED
`THEREFORE,
`YOU MAY HAVE
`TO FIND ANOTHER
`
`TO REFINANCE
`TO REPAY
`LENDER
`W1LLING
`
`END OF ITS TERM.
`LOAN AT THE
`THIS
`OUT OF ASSETS
`YOU OWN OR
`THE
`LOAN
`TO REFINANCE
`THE LOAN.
`
`OR ANOTHER
`YOU
`AT MATURITY,
`LOAN
`THIS
`LENDER
`ASSUMING
`THIS
`REFINANCES
`LENDER
`AT MARKET
`BE CHARGED
`AT THAT
`INTEREST
`WILL
`PREVAILING
`RATES
`TIME
`PROBABLY
`THAN THE
`YOU MAY
`RATES MAY BE HIGHER
`RATE ON THIS
`AND SUCH
`LOAN.
`INTEREST
`ALSO HAVE TO PAY SOME OR ALL OF THE CLOSING
`COSTS NORMALLY
`ASSOCIATED
`A
`WITH
`NEW MORTGAGE
`LOAN.
`
`ammmt
`The principal
`all schedakd
`(a=uming
`$ 362,062,54
`
`of your
`principal
`
`loan which
`payments,
`
`the loan or
`be due at maturity
`of
`will
`if any , are made in ace.ordance
`with
`
`the initlai
`the loan
`term of
`the loan contract)
`will
`be
`
`At
`will
`
`least 90 but not more
`than
`notice
`receive
`the maturity
`of
`
`129 days before
`date.
`
`the maturity
`
`date of
`
`the balloon
`
`payment
`
`for your
`
`loan,
`
`you
`
`If
`
`]
`[
`balance
`refinancing
`
`is checked, we will
`the loan for additional
`this box
`of
`guarantee
`refinancing
`but we do not provide
`of
`the interest
`has been repaid
`for
`the recalculation
`index.
`to a prespecified
`Accordingly:
`according
`
`terms
`rate at
`
`until
`the principal
`the time
`of each
`
`TERM OF THE
`THE
`IS
`LOAN
`WHICH
`IS MADE,
`AND
`THE
`LOAN
`AT
`AN
`WILL
`REFINANCED
`BE
`TO MARKET
`RATES.
`REFERENCE
`PAID ON THIS
`LOAN.
`RATE
`INTEREST
`
`YEARS.
`AT
`TIME
`INTEREST
`SUCH
`
`AT MATURITY,
`FURTHER
`OF EACH
`RATE
`ESTABL1SHED
`INTEREST
`RATE(S)
`
`FROM THE DATE
`ON
`YEARS
`THE
`LOAN
`REFINANCING,
`THE
`LENDER
`WITH
`BY
`THAN
`BE HIGHER
`THE
`
`MAY
`
`The principal
`amount
`aH schcesied
`(assuming
`
`of your
`principal
`
`be due at maturity
`the loan or
`loan which will
`of
`if any, are made in accordance
`with
`payments,
`
`the initial
`the Ioan
`term of
`wiH be
`the loan contract)
`
`least 90 but not more
`than
`the maturity
`notice
`of
`receive
`
`120 days before
`date.
`
`the mâ‡ñrity
`
`date of
`
`the balloon
`
`payment
`
`for
`
`your
`
`toan,
`
`you
`
`S A
`
`t
`will
`
`Borrowers/Debtors
`
`ackñcwkdsus
`
`receipt with all applicable
`
`blanks
`
`die
`
`*
`
`lÏAEL
`
`Date
`
`c/G05NIA
`
`CRAFT
`
`Date
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`Title No:
`
`ILS-D-14116
`
`Schedule
`
`A Description
`
`ALL
`
`that
`
`certain
`
`plot,
`
`piece
`and being
`situate,
`erected,
`lying
`being more
`Yott
`panicalarly
`the Dutchess
`Clerk's
`County
`
`of 1mid, with
`or parocl
`in the Town
`of Rhineeck,
`#8 on a Map
`as Lot
`known
`Office
`on August
`22, 1975
`
`ihe
`
`buildings
`
`Inc
`
`thereon
`improvements
`and
`of New
`State
`of Dutchessand
`County
`in
`and filed
`emitled
`"Hintedands,
`under
`f4673.
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`Exhibit
`
`"C"
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`DUTCHESS
`
`COUNTY
`
`CLERK
`
`RECORDING
`
`PAGE
`
`RECORD BRETURNTO:
`
`FRANKLIN
`PIRST
`595 UNIVERSITY
`IDAMO FALLB
`
`CORP
`FINANCIAL
`BLVD
`ID 83401
`
`O3f20/2007
`RECORDED:
`15 :40t02
`AT:
`01 2007
`DOCUMENT #2
`
`4014
`
`LAND
`
`CORP
`
`INTEGRITY
`FROMt
`RECEIVED
`MORTGAGORt CRAFT MICHAEL
`FRANET.aIN FINANCIAL
`MORTQAGEE E FIRST
`RECORDED IN:
`MORTGAGE
`INSTRUMENT
`
`TYPB2
`
`TAX
`DI STRICT:
`AND CHARGED AS POLLOWs:
`87.00
`413,000.00
`RESIDENCE
`FAMILY
`.00
`2,065
`1,209.00
`1,032.50
`4,30s.50
`
`RHINESECK
`
`NUMBER OF PAGES:
`
`20
`
`** *
`***
`***
`
`DO NOT DETACH THIS
`PAGE
`IS NOT A BILL
`THIS
`
`EXAMINED
`RECORDING CHARGE:
`MORTGAGE AMOUNT:
`MORTGAGE TYPE:
`COUNTY TAX:
`MTA TAX:
`SPECIAL
`ADDL TAX:
`TAX:
`1-6
`FAMILY
`TOTAL TAX:
`NUMBER:
`SERIAL
`AF FIDAVITr
`
`1-2
`
`CXO17958
`N
`
`TYP /
`COUNTY CLERK BY:
`R19022
`RECEXPT NO
`BATCH RECORD : CO0038
`
`FORDKENDALL
`CountyCterk
`
`8 a
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`After RecordingReturnTot
`FIRST FRANKUN FINANCIAL CORP.
`coNuacñc-s
`ero secuany
`$95 UNIVERSITY BLVD., DEPT. 2150
`IDAMO FALLS, 10 83401
`
`c
`
`©
`
`..._.-.---
`
`[SpaceAbeveThidine PurRecenlingDelu|
`MORTGAGE
`
`MIN
`WORD$ USED OFTEN IN THIS DOCtlMENT
`"Security 5nstrument," This document,which Indated
`(A)
`mLIRiderssothls document,wiR becalled the"Securhy !-=*.-==.;,"
`(B) asarrower?MICHAEL CRAFT and GLORIA CRAFT
`
`whoseaddressis 517 WARTENBERG RD, RHINEBECK, NY 12572
`
`March 16,2007
`
`,nogetherwith
`
`sometimeswm beentice "Borrower" andsometiroessimply "t" ce "me."
`"MERS"
`is Mortgage Electronic RegistrationSystems,Inc MERS is a separatecorporation that is acting wolelyasa
`(C)
`nomineefar Lesulerand Londer's suconssorsand assigns.MEAS is crganizedand existing underthe laws of Delawars.and
`hasabaddeasnmadtelephonenumberor P.D. Box 2026, FHnt,Ms 4850t-2026, tol ($88) 679-MERS.FOR PURPOSESOF
`RECORDING THIS MORTGAGE, MERE IS THE MOIRTGAGBE OF RECORD.
`" Leader? FIRST FRANKLIN FINANCIAL CORP, AN OP, St.IB- OF MLB&T COn FSB
`(D)
`wtil becalled"Lender '' LonderIsa corporationor masociationwhich existsunderthelaws of Delaware
`, Loeuler*aaddressla 2160 NORTH F6RSYBTREET, SAN JOSE, Califomia
`96131
`
`"Note? The notesignedby Borrower anddated
`. Will beealledthe"Note
`March 16, 2007
`(E)
`TheNote showsthat I owe Lander Four Hundred Thirteen Thousand and nottoo
`) plus latoreSE
`Dollart (U.S.3 413,000.00
`andagherannountsthat atay be payabled have promisedto pay this debt In Periodic Paymentsmadto pay thatdebt in rull by
`Aprli 01, 2037
`"Property." The property that is describedbelow In the sectiontitled "Description of the Paperty will be called the
`(F)
`"Property.."
`
`NIEWYORH-SingleFamny---MenteAtne/FtuddivMaeUNIFORMINSTRUMENT
`f52NRFacutcom-unneMFNY3116
`(Pusel ofN persett
`
`Fortu20J3HUI
`pose*
`- - e· ..
`-----. - s
`
`OCW
`
`O m
`
`-E
`
`Q
`
`Oa
`25..Ct
`(DO
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`u
`
`20
`f
`
`3o
`
`Page
`
`Printed
`
`0120074014
`
`#:
`Doc
`Debbi
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`SecondHomeRider
`5 Other(s)[specify) Prepsy Rider
`
`"Lean? Tim "Lost'
`ineansthe dels evidencedby the Note, plus imetest,any prepayinentchargesand latechargesdue
`(C)
`underthe Note, attdall sumsdueunderthis Security Instrument,plus intereBL
`"Suma secured," The amoumsdescribedbelow in the section tEtted"Isorrower's Transferto Lender of Rights in the
`(H)
`Property" serperimeswill beculted Uta"Sums Secured
`"Riders." All Riders auachedto this Security Instrumentthat are signed by Barrower wiU be called Riders The
`(E)
`fohowing Ridersare10besigned by Barrower [check bus asapplicable];
`AdjustableRateRider
`CondomlpturnRider
`Balloon Rider
`PlannedUnit DevelopmentAlder
`I-4 Family Rider
`Blweekly PaymentRider
`"Applicable
`I.,gw All controlling applicaele rederal. state and loos[ statutes, sugulations, ordinances and
`(J)
`admbd.und-
`rules nodorders (that havethe effect ottaw) as well as all applicablefing non-appeatable,judicial opinions
`will becalled"Applicable Law'
`(K)
`"Community Association Dues, Fees, and Assessments All dues, rees.-mummaw and other chargesthat are
`Imposedon Borrower or the Propertyby a condominiumassesiation,homeownersassociatiorior similar organir.anonwill be
`caHed"Communky AssociationDuca,Fees,andAssessments
`"Electreele PundsTreaster? "Electronic FundsTransfer" rneansany transrcror money.other thanby check.dran, or
`(1,)
`simunr paperinstrument,which la init1stedthrunghan clectroadcterminal, telephonicInstrument,computer,or magnetictape
`so as to order, lasrsuct, or nuthoria a financial Insthetion to deb3tor credit mi accoum. Some corpmen exampics of an
`fEectronic FundsTransfer are point-of-sale transfers(where a cord such as an assetor debit card Esusedat a merchant),
`automatedteller machhae(or ATM) transact1ens,transfersInitiatedby telephatic,wire transfers,andautomatedclearinghouse
`Eransfers.
`"Enerow items? Thosieitemsthat aredescribedInsection 3 will becalled "Escrow hems
`(M)
`(N)
`*Miscellaneous Proceeds
`"Miscellaneous Proceed' meansany compensation,settlement, award of damages,or
`proceedspaid by any third party (other 4lumInsuranceProceedsas defined ^m,and paid under the coveragedescribedlu.
`Section $) thr: (I) damageto, or destaction of, the Propetty; (iO Condemnationor other taking of aH or any part of the
`Propetty; (H1) conveyaoce in Heu of Condemnation or sale to avoid Condemnation: or (iv) misrepresentationsof, or
`omissions as to, the value and/or condition of the Property. A taking of the Property by any govenunental muthorityby
`emiscat domaluis known as"condemnation
`"Mortgage Insurance? "Mortgage losuranceFnienes insuranceprotecting Lender against the nonpaymentof, or
`(0)
`defindt on, the Loan.
`"Periodic Payment? The regularly scheduled amount due for (1) prlacipal and interest under the Note, and
`(P)
`(IE)any amountsunderSection3 wlH becatted*Periodic Payment"
`"RESPA" meansthe RealEstateSeedementProceduresAct O2 U.5,C- §2d0I at seqJ and its k:-W-.tta
`"RESPA
`(Q)
`regulation, RegulationX (24 C,P,R. Past3500), asthey tnight beamendedhorn tirne to time, or any additional or successor
`egis1utionor regulation that goveromdia samesubject matter. As used to this Security Instrument, "RESPA" refers Ic all
`requiretuentsand restrictions that are imposedIn regard to a."federatiy ,relatedmortgagelama"even if the g.,oandoesmet
`qualify asa"federeUy relatedmortgagefoan" ultderRESPA.
`
`NEWYOR‰-tEingleFamilMFounlchimsfFr$ddleMacEINIFORMINErfRLIMl2NT
`hnu9N
`o11 MERat#NY3t15
`(Page2q(J4paged
`
`stun
`
`tot-Dus
`CL
`
`O-
`*
`
`CV
`
`.D
`
`

`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`BORROWER'S TRANSFER TO LEINDER OF RIGHTS IN THE PROPERTY
`Emortgage,grant madeqpveythe Propertyto MERS (solely as nomineefor Landerand Leader's successorsin interes0 and
`Itssuccessornin interestsubjectto the tosmsof this Security Instrument.This meansthat, by signing this Security Instnunent,
`I amgiving Lemier thoserights that areatatedIn this securlu Instrumentand alsothoserights that Appitcable Law g|ves ro
`leaderswho hold mortgagesun real property. I am givIng Lander theserights to protect Lentler Wompossible tossesthat
`might result If I IWI to:
`(A) Psy all the amountsthat I own Leuder s statedin the Note including, but nor limited to, all renewals,autensions
`andmodiflcations of tiw Note;
`(B) Pay, with interest, any amountsstrutLeader spendsnader this Security Instrmnent to protect the value of the
`PropertyandLendees rights In the Property;mid
`ICaepan of my otherprernisesand agreementsunderthis SecurkyInstrumentandthe Nate.
`(C)
`t understandand agree that MERS holds only legal Litte to the rights granted by me in this Security Instrumerit, but. 1f
`necepary to coraply with law ar cusmrn,MERS (asnomineefor Leaderand Landers'ssuccessorsandasatgns)hasthe right:
`to eatetciseany or all those rights. Inchading,but not Tunitedto, the right in forecloseand seHthe Property;and
`(A)
`to talso any action requIred of Leader inshidirg, but not limited to, seleasingand canneling thle Securky
`(B)
`a
`Instrument
`DESCRIPTION OF THE PROPERT Y
`I give MERS (solely as nonnineefor L.caderand Leader's successorsin Interest),rights in the Property describedIn (A)
`through (0) belows
`(A) The Propestywhich is locatedst
`S N. HINT
`NDS DRNE
`
`County, It hanthe follow)ps legaldescription:
`This Prepeny is in DUTCHESS
`LEGAL DESCRIPTION ATTACHED HERETO AND IWIADEA PART HEREOF
`
`(B) All buildings andother improvenientsthatarefacatedon dw Propertydescribedin subsection(A) orthis sections
`(C) Att gightsIn other property that I haveasowner of the PropertydescribedIn subscotton(A) of this section,These
`rights areknown as"casementsand appurtenancesattaciendto the Propertyf'
`(D) AMrights that I have in the land which Ijes in the streetsor roudsin fkontof, or ne)Ltto, tInePropertydesertbedIn
`subsection[A) orthos secutan;
`(E) AN fixtures that are now or In the future will be on the Properly described kL ambsections(A) and (B) of this
`section;
`(F) All of the rights and property described In subsections(B) through (S) of this section that 1 acquire In the
`future:and
`(C) All replacernentaof or additions to the Property deserlbedin subnections(B) througlt (F) of this sectlan andall
`InsuranceProceedsfor tessor damageto, and all biiscellaneousProceedsor the PropertydescribedIn subsections(A)
`through(F) ofthis section,
`
`eatw von‰¬.singreFuodIr-FousluMemWreddieBImeUNIRDRARENETIttlMENT
`(Feur3cgff#pages
`WEMarestagmg-manaMFinlY3115
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`

`FILED: DUTCHESS COUNTY CLERK 01/17/2019 10:10 AM
`NYSCEF DOC. NO. 26
`
`INDEX NO. 2018-50915
`
`RECEIVED NYSCEF: 01/17/2019
`
`BORP,OWER'S RICHT TO. MORTGAGE THE PROP'ERTY AND BORROWER'S OSI.aIGATION TO DEFEND
`OWNERSHIP OtPTHE PROPERTY
`Bpromise abstr(A) I lawthily own the Propertyt (B) I haveEberight to mortipEge,grant and conveyths Propertyto L,cnder;
`and(C) thereare po outstandingctalmuor chargesagainstthe Property.exceptthr thosewhich areof pubHerecord,
`I give a generalwarranty of title to Lander.This meansthat I wilt be fldly responsibletbt any tosseswhich Lander suflhts
`becausesomeonsother th