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Home My WebLink About0248 And seid Mortgagora, for rhemseivcs and ihe~r hein. legal represemativei, succe~sort and •ssiyna, hereby joinfly •nd ~v~r~lly tovsnant •nd ~qrN ta and wifh the ~aid MORTGAGEE, it~ wccessors and ass~gns: 1. to pay all snd ~ingular ihe pr~ncipal and inrorest end the variou~ and wndry sume of money p~yibl• by virtue of said promi~aory npt~, ~nd thi~ mongege, each and every, promprly on the daya respeUive~y the same sevarally become dw. 2. To pay all and ~ingular the raxes, asseuments, lev!es, liabilities, oblig~tions end •ncumbranca of avery nature and kind now on uid d~acribeci property, or that hereefter may be impoaed, sufferec, placed, levied, or euessad ther~pn, or that her~stter may b~ leri~d a uwsted upon this AAat~p~ age, or the indebredness srcurerl hereby, each end eveiy, when due and payable, ~?ccordiny ro Iow, befort they brcom~ delinqwnt, ~nd Mfor~ ~ny intrrwt atrathe~ or any penelry is incurred; ANL~ INSOFAR AS ANY THEREOF IS OF RECORD 1HE SAME SHALL BE pROMATIY SA115flED AND DlSCHARGED OF RECORD AND IHE ORlGlNAL OFFIClAI DONMENT (SUC?1 A5, FOR INSTANCE, THE TAX RECEIPI OR THE SATISFACTION PAPER OfFlCIAIIY ENDORSELI OR CERTlFIED) StiAll BE PIACED IN TME NANDS OF SAID MORTGAG[E WITHIN TEN OAYS NEXT AFTER PAYMENT, and in the svent that ~ny thereof it ~ot paid, sat~sfied and discharged sa'd MORTGAGEE may at any time psy the ssrr+e or any part ?hereof without wsivinp or affeqiny •ny trption, lien, equity or .iqht under or by v~rrue of ~his mo.rgage ar.d ~he f~ll amo~nt of each and every auch payment shail be immediately due and pay~bl~ and shall be~r intpre~l ~rom the date thereof ~nt~l pa;d ar ~ate of sight per centum per ennum and together w~th iuch int~~est shalt ba fecured by the lien of th:s morql:y~. 3. To pl~u rnd conttnuously ke~p on tM buildinys now w har~aftrr Wtw» on ~~id land and on atl ~quipm~nt ~nd penwuliy covued by thta mwt~ ps, with ~U pr~mi~reu tF~rson pa;d in full, fir~ infur~nc~ in th~ ususl ~t~~dard poliey form, in a•um •piprovtd by tM MORTGAGEE, ~hd wlrwd~twm Insuru+w in ths ~wal ~r~ndard poGcy fwm, tn a aum •pproved by tM MOitTGAGEE, in such company w companisa s~ the AtOR7GAS'afE may dir~ct; and •II fir~ ~nd windsrorm insur~nce policies on any of said buildinp~, ~ny interest thsrtin or p~rt fh~r~of, In th~ ayyrey~t~ wm ~fora~id w in ~acuf~ tlwr~of, ~hill contsin ths wual stend~r~ mortpa9a~ CI~LN a such othar cl~us~ a~ th~ Mo~tp~9N may r~quir~, mekinq tM loa undrr wid poll- elw, oaefi ~erQ' wery. P~yab(s ro s~id MORiGAGEE a~ its int~r~st m~Y +pprrr, and ~aeh ~nd •v~~y tueh po!'ery aha11 b~ promptly us.pn~d ~~d d~liwnrd to any h~ld by ~aid MORTGAGEE a~ further security to asid mw*y~qe deb~, •nd, not I~u tMn ten (10) days in adv~rrc~ of th~ •xpiration of ~ach poliry, to d~- liver to ~aid MORTGAGEE a renewa~ thereof, together with ~ rece~pt for the premivm of ~uch renew~l; and there •hall bs no fir~ or wind~tnrm iniuranc• plac~d on any of ~~i~ build'enys, sny interest therein ar part thereof, unless fn tM form and with the Ipsf payable •e aforefaid; and in t{» svent ~ny ~um of money become~ psyable undrr wch policy or poGciei said MORTGAGEE shatl haw the optio~ ro receive and apply tM same on eccount ef tha indebted- ntsi wtured haroby or to permi! said MORTGAGORS ro rece+ve end ~te it a•ny part the~eof fo~ othe~ purposes, wi~hou~ thereby waiving or impair Ir?g any equity, fi~n nr right undsr or by vinue of thi• mort9sqe; and in th~ •vent said MORTGAGORS shall for any resson fsil to kaep ths said pramise~ w i~sured, or fail to delivar promptly any of ~sid policiet of insurancs to ia~d MORiGAGEE, or fail promptty to pey fully any premium therefor or tn ~ny rerpect f~il ro p~rform, d~acharge, execute, effecL complcte, comply with ~~d abide by th+s covenant, or any part heraoi, said MORTGAGEE mey plsce and pay fw such Insurance or any part thereof without waivinQ o~ affeeting any option, lien, equity, or right under or by virtua t` thi• Mortgaya, ind tht full •mount of tech and ev~ry iuch paymenf ahs~! be irr,mediately du• and payable ~nd ahall bear inter~st from the date thereof until paid at the rats ot nins per <entum per ennum and tugethe: with ~uch inlerest shall be setured by ihe lien of ihis mortqsgt. 4. To parmit, commit or suffer no weste, Impairmem or deterioration of ssid property or any part thereof. S. Ta pay eN ~nd tinyular ths cosh, charqef •nd expenses, inclvding s reasoneble •ttomey's fee and costs of sbetract~ of tirle, incurred or pa+d at erty time by iaid MORiGAGEE, bece~se or in the event of the feilure on the part of t~e ~aid MORTGAGOR ta duly, promptly snd fully perform, diuharq~, sx~cut~, effect, complete, comply with end •bide oy each and evary the ~tipvlationt, ayreementt, conditinnf, and covenan!t of said promissory note ~nd thi~ mortp~fle any or either, and ~aid tosts, charges end expemea, ~ech snd avery, ~hal! ba immediately due bnci peyeble; whether or not tMre bt notic~ dc mand, attempt to cellect or suit pending; end tha full smount of ~ach and every such psyment ~hall bear interett frum the date thereof until paid ~t the rate of nine per cen~um per snnum; end all said co:ts, charqts and expenses incurrad or paid, together with suth intenst, ~hall b~ ~ecured by the lien of this monpape. 6. That (a) in the event of eny breech of this Mortgage or default on tfie part of thn MORTGAGOR, ar (b) in the event •ny oi ~aid ~ums af monay Mnin refsrred to be not promptly and fully pald within th~rty (30) day~ next after the •ame ieverally became due snd peyable, witFout dsmered or notice, or (c) In th~ evsnt esth snd every the ttipulations, sgreement~, conditions and covenants of iaid prorni~sory note and this mortyege any or titFs~r are not ~uly, promptiy and fully performed, d:scharged, executed, effected, completed, tomplied with and abided by, then in either or any tuth ~event the said ~Q~ preqa» sum mentianed in aeid pramissory nore then remaining un~a+d, with interett acaued, and •Il moneys ~ewred hereby, rhell become dw snd pay- •hl• fonhwith, or thereafter, a1 the option of feid MORTGAGEE, e~ fu~ly and completely sa if a11 of the sald sum~ of money wtr• oriqins~ly ~tipulat~d ~o be paid on suth day, anything in seid promis~ory note or in th~~ Mortgage to the contrery notwithstendinfl; snd thereupon or theraafte~ st the oprion of iaid MORTGAGEE, without notice or demsnd, suit at lew or in equity, therefore or 4hereafter beyun, may be prosecuted a• if all money~ secur~d heraby had mat~red prior ta its inititutian. 7. That in the event that at the beginning of or et any time pending any s~it upon thi~ Morigsye, or to foreclase it, or ta reform ft, or to enSorts psyment of any tteima herrunder, said MORTGAGEE shal! apply to the Court heviny juriidictio~ ihereot for the appointment of ~ Re<eiver, ~uch Court sh~l~ forthwith eppoint a rxeiver of said mortgaged property all and singulei, includ~ng all end finguier the income, profitt, it~ues and revenuta from whatsv~r raurce derfved, each and every of wh~ch, it bei~g expre~sly underitood, is hereby mortgag:~d et if fpedficnlly set forth end describrd in tFe~ y~rentinp and habendum clsuses hereof, a~d auch Receiver shall heve all rhe broad and effective func~~ona and powars In e~yw~:e entrutted by • Co~rt to ~ Receiver, •nd wch sppointment shalf be mede by such Covrt as an edmitted equity and e matter of sbsolute right to taid MORTGAGEE, and wilhout reforent~ to th~ +deGuacy w inadequacy of the value of the property mortgaged or to the ~olvenzy or innolvency of osid MORiGAGOR w the defendsnh, and th~t tuch ront~, pr~lits, income, iuves and revrnuei ahatl be spplicd by ~uch Receiver accord~nQ to the lien or equity of a~id MORTGAGEE and tha prattice of such Court. 8. 7o duly, promptly and futiy per#orm, discF~arge, execute, effec~, <omplete, comp~y w~th and ebide by each and ~very the ttipuletio~t, prsemsnh, conditioro ~nd cove~ar,tr in said pramissory ciote end thi~ mortgage tet forth. 9. Thet in tha event the ownership af the morfgayed premises, or any p~rt tF~ereof, bccome• ve~ted in a pe~aon othrr ihan tM MORTGAGOR, fM MOit7GAGEE, fri auctes~ors end esaigns, may: without notice to the MORTGAOR, deal with such succeisor or iucceasor in interest with refsrente to thi~ mortpsq~ and the debt hareby ~ecured in the •amc manner as with Mort9a9or without in any w•ay vitiatin9 or ~discharginq the Mortq~gors' liability hero- under or upon the debt hereby secured. No sale of the prQmise~ hereby mort~aged and no forbearan~e on the part of the MORTGAGEE or iri sucte~~on or asai9m snd no exrenaion of the time for the peyment of the debt hereby ~ecured given by the AhORTGAGEE or iti ducceasort or assigns, ahall aperet• fo rolva~, disch~rye, modify chanqo or affect tha oriQinal liability of the MORiGAGOR herein, either in whole or in part. ~0. It is specifically agreed that time i~ of the essence of thii contr~d •nd that rco waiver of any obl;gation hereunder or of tM otliqatEon ce• Nred henby ahell at any time thereafter be held to be a waiver of the tMrm• hereof or of the instrument sacured herby. 11. In add~tion to tfie foregoing monthly peyments of princ pal and interest required by the prom;~wry note tetured hereby, mwtyaqor covensnh •nd sgrNt to pay to morrflagee with each monthfy payment an additional ium estimated by mort3cgee to be equal to 1/12 of !he annval coat of the tollow- ir~g: A--AII rsal propeny taxes levied or essessed against tfie above describcd reel estata. B-Premium~ on fire and windstorm intiurance es herein req~~red to be carried on the improvements ~ituete on the sbove described premiset. C-Premiums o~ ~uch martgage gueranty insurance ay mortgaqee •hell from time fo t+me deem fit to ta~ry ort the losn s+c~red hereby. Morrgagee shall from time to time notify mortgagor in writing of ths emount due and payabie hereunder end such sum ~hell tMereupon be dua •nd pey~ble on the dua dato of the next monthly payment and sech sucees~ivt month thereafter until mortgegee shsll notify mortg~gor of e ch~nye in tvch amount. Such •vms sheN be spp!ied by mortgagee rowsrd the payment of roaE proptrty rex~~, Insursncs prcmiums, and mortflafl• ywr~nty insursnu p~amiurt~s. IN WITNESS WHEREOF, th~ seid MORTGAGOR hs• he~eunto set hi~ hand and usl the day and yeer first aforrcaid. ~ Siprnd, Sad •rtd d~ttvar in th~ pr of: , ~ ~ 1 L ~ I f ; _ . ~~~~,;g,~ o E ~ , ' - --a~cK ~ - --~"T S7AtE Af~ c~~~v ~~ersey 0J r,~~~ I 8 py~~ I 7 . . . , ~ courrrr oF Es s ex - ~ u' ~ : 3 ~ 4 ~ti : ~ = ~ . . ~ • Mfors r»~ penonslly sppsared ~ F'~ `J~i 'r~ }=_~i.~2''~ v i". _ . ~ ^ • ~ Y~ hii wlfs, to me well knowrS;efx~ krepwn fo ro~ f0 b~,~' . tfie h?dividwls dsavibsd In ~nd wiso sxscuted YM forpoinp in~i~in~r~~~icknowled9ed befon me th~t they •xscuted the .wq~'•for j}w. pyipoqi ~,...t~.~yxn.ed. sWd rr».~~d ~ Lu^indy ~,>co . ~ w1f~ of t!» sald v ~3T'~~Z;~ E.e SCOu~~ JY'. a~" m~;,: •7cirriiMfiOl1 by ea t~k~n strp~rat~ •nd epan, from hsr said hu~bsnd, ~tknowl ~ ~~t~ e~ril and withovt ~n cam tsian, cons~raint, ~ ~4~ to and befon nN that shs ex~cuted said ln~trum~m {iir1y:and:Vofurr 1' Y W pprahension, or fe~r of a from Mr ~ald husband. WIT~1~35 my hrrxi~ and offki~l ~e~! thi~' ~ 7 day m /V/? A. D. 19~-~"~ r • fjy~. " ~ • ' Notsry Public In ~nd iw ths $t~t~ of F{wid~ ~t l~?+p~ ~ Retutro• To: ' ~ My Commiailon ~xpir~s: Citi:~~: F~il~t~l ~Savwqs i Lban Auotistion ~ ~ ~ s..,;,~~:~,~ ~ ~~1 ~4~ ~Ft.'PEqrca, F(aid~ W~'~~ ~ ' • ~ Com. ExP•