NY Extension Agreement - Section 255 Affidavit
EXTENSION AGREEMENT - SECTION 255 AFFIDAVIT
STATE OF NEW YORK
The mortgage held by the undersigned was in the original principal sum of $ made by to , dated and recorded in Liber, Record, Reel , Page in the Office of the (Register of the City of New York), (Clerk of the County of ), on which the mortgage tax was paid. There is presently owing on said mortgage the principal sum of $ .
, the record owner of the said property and the undersigned have entered into an extension agreement dated , which extension agreement is intended to be recorded in the said register's office simultaneously herewith.
The extension agreement herewith tendered for recording is given for the purpose of further securing the same principal indebtedness and said extension agreement does not create or secure any new or further indebtedness or obligation other than the principal indebtedness secured by said mortgage. There have been no readvances on said mortgage.
No guidelines are available for this form at this time.