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~ iba n~at~a~or covenaats witA IAe ~noit~a~et tAat the ~aortgogo~ is inae~easi6ly seised o( soid ;
~land in siu~ple; tAat !he wortgagor hus good right and lawjul authority to conuey soid laed as a(orE- ;
said; thot the uto?t~agor mill ~take s~tck jwlhe? as~woaces to perfect 1he fee siiuple title to said land ie '
tAe ~nortgagee as ~ay reasoaa6ly be reqaired; that the mortgagor hereby (uily wairarata the title w said ~
~ lond and midJ de(end tl~e ~sa~ne agaiest the law(ul clai~s of alt persons wlbu~soeuer; and tAat said land ~
~
,is (ree and clear o( al1 enceuabrances. ~
~ ~~~1~ ~~s~ tAut i( said ~nortgagor shall pay unto said ~nortgogee tl~e indebtedness ~
euidenced 6y that certoin projreissory note, of euen date hereivith, ~ade by tAe mortgago~ aed paya6le ~
to the wortgagee in the principal st~ o( ~
Rio1,t Hund~d Sevent~-fiva s~ed 00~100-- - - - - - ---DQllars (i8•r5•OQ 1
without interest os therein stated, arid shat/ per(o~m, compty roith and a6ide 6y each and euery the
stipulations, ogreements, conditions and covenarets contained and set (orth in this mortgage and ie the
promissory note sec~ied here6y, then this mortgage and the estate hereby creoted shall cease and 6e
null and voed. ~
~ t~e Mortgago~ here6y (urther couenants aad og~ees to pay pron~ptly mhen due the p~incipal aied ~
other swns o~ Money provided (or in said note oRd this niortgage, o? either; to par al~ taxes and assess-
~sents oa •said proper~y; w pay all casts, cAorges ond expenses, cncluding lawyera' jees and title searches,
'~easonably incwred or paid by the mortgagee 6ecause o~ the (ailwe o( t!~e martgagor to pronep~ly and ,
~(ully comply roitA the agreements, stipulations, conditions and covenasts j soid note and. this aeortgage, j
~or either; to per(ore~, co~ply mith and a6ide 6y eoch and euery the agree~ents, stipulations, conditions ~
mid couenor?ts set (ortA in said note and this mort~age or eithe~. In the euent the ~ortgagor (ails to pay
when due any tax, assessnient o~ other sum o( inoney poyable 6y uirtue o( aaid note and this s~o~tgage, ;
or either, the mottgugee eeay pay the saae, wilhout waiuing or a(fecting the option to (oreclose oi any '
other right hereunder. ~
~ a~y swn of money herein refened to be not p?omptly paid within thirty t30) days eext a(ter the ~
sane becomes due, or if each and every the agreen~ents, stiputations, conditions and couenants o( said ~
note and this mortgag~, or either, are not (ully per(onned, complied mith ared abided 6y, then the entire ~
sum n~eri~ioned ia soid noEe,ond this n~ortgage or the entire 6alance unpaid thereon, sholl forthwith or
therea(te~, at tltE option oj the mortgagee, 6ecome and be due and payable, a~ything in said aote or - ~
he~ein b the contrary notmithstanding: Failwe by the ~ortgagee to exercise any of the rights or op- i
tions herein prouid¢d shall not constitute a rvaiu~r o( any rights or options under said note or this
rnortgage acc~ued or_ tberea(te~ accruing. -
E
~n ~11~[~V~~ the said mortgagor has hereunto signed and sealed these presents i
the day and yea~ (irst a6ove torit~en.
:
Signed, Sealed and Deliuered -
in the presence o(: -
v~/ ~
; . t,b B. ?t,aepson
~ ~ _ ~
nss
STATE OF' Nev Jersev ,
se. m ~ ;--~?i
COUNTY OF ' ~ ~ ~ ~ ~ ~ ,.,~cm .
I HEREBY CBRTIFY that on thie day, before me. an officer duly authorized~i~irt fo~
and ia the County aforesaid to take acknowledgmenta, pereonally appeered v
~ G~ y~ <o~
~ Ruth ~aopaon ~ ~ ~ ~ ~ i ~
~ - o~ w
to -a~'li~oiecn td i~e the person deacribed in and who executed the fc+regoing ine~ment ae~ m' ~ _
v~~
~ ackna~l~ed~before me that ahs executed the 8ame. ~ f.°/ - D v
~ ~ W~TN_ '?y hand end official seal ia tbe County and State leat aforesaid the '_~~~~,`~dqy uf~
•J ~ ( ~ . .
_ ~ ~ _ . ,G~ D. 19 J
f- t... ' _ , .
- - t~
! ' . ~ Notary Public
i;
i~ My Commission Expires: -
• ~ i~ r ~ - - 4
~ I_ day of ~ L/~ Y , A.O. 19~ tPLEASE PLACE SEAL HEREI
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~ 600K159 PA~E ~153 -
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