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HomeMy WebLinkAbout2089 ~ the wort~a~o~ couenanta milh tAe ~aortsa`ee Ibat tke ~wtgo~or is inde(easibly seised oj said ~larid iA (ee siwple; that the wortga~or has ~ood right and law~ul on~hoiity to conuey asid lnnd os a(ors- ~soid; tAat tl~e wort~asor mill wake suclk Jwther asswa~ces to perfect tAe (ee siwpis tit1~ w Raid land in the n~ortgagee as way reasoea6ly be req~ired; tAat tAe Atort~a~o~ here6y (ully mar?anls tlre title to said /and and ~oilt de(end tAe •sawe o~ainst tbs lawjul claiwa o~ oll persons mlrowsoever, and ~hot said laAd .is ~ise w~d clear oJ a~1 enc~w6rancea. ~~5~ t~at it said aiortgog~o~ shall pay unw said mor~gagae the indebtedness euideaced 6y tAat certaia p~owissory note, o~ euen dats herewith, ~ade by the ~eortgagor and paya6le . to the ~ortgagee in the principd suw of Nine Hundred Ss~st~ apd 00/100 - - - - - - ~ - - - ~ollara (i / mithoret inte~est as tF.erein stated, and shall per(or~n, co~nply mith and abede by each and euery tbe ~ stipulations, agiee.~enta, conditions and covenonts contained and set ~o~th i» this ~o~tgage and in Ihe ; prowissory note sacwed h~reby, then this ~aortgage and the estate Aere6y c~eated shall cease and be • null and uoid. ~ ~ tke mortga~or here6y (urther covenants m~d agreea to poy pro~ptly when dtte the p~incipal aad ~ othe~ saais of s~oney provided (or in said note and this ~nortgage, ~r either; to pay all taxes and ussess- ,~aents on •said p~operty; to pay all costs, eharges arsd expenses, ineluding lawyers' ~eea atd title searcl~es, 'reasonably iacurred or paid 6y tlae ~aortgagee because o( the failure of the mortgagor to Rro~ptly and i(vtly comply roitb the agree~ents, stipulations, conditiona and couenants of said note and this ~wtgage, ~or either; to perfora~, coatply mith and a6ide 6y eocll and every the ag~eewents, atipulations, condi~ioas med couenorsts set forth in said note and this mortgage or either. ln the euent the wortgagor (ails to pay when dae any tax, assesswent or ot)ie~ suiu of woney paya6le by virtue o~ said iwte and this mo~tgage, _ or either, the aiottgagee ~nay pay the same, mithout toaiaing or a~jecting the option to (oreclose or any other righi hereueder. ~ a~y sru~ o~ ~noney herein re(erred to 6e not p~omptly paid witbin thirty (301 days next a~ter the { same becomes due, or ij each and euery the agreeuaents, atipulations, conditions and couenants o( said j teote and this ~ottgage, or either, are not juIly per(o~wed, coaiplied initb and abided 6y, then the entire ~ swn ~erttioned in said note,and this aeortgage or the entiie balance unpaid tliereon, sholl /orthwith or thereafter, at tlee option of the mortgagee, 6eco~e and 6e dree o~d paya6le, onytbing in said note or herein to the condary? notmithstanding: Failwe by the ~ortgagee to exercise any of the rig~ts or op- tions herein prouided shall not constitate a waiuer oj any rights or op~ions under said note or this . nwrtgage acc~reed o~ thereajter accruing. ~R Wull~ the said mortgagor has hereunto signed and sealed these presents ti~e day and year (irst above mritten. i Signed, Sealed and Deliuered ~ . in the presence of: ~ ~ ~ ~ j , ~ " ~ se _ Russell T. Martin, Sr. ~ ~/~'o _ ~ ~ ' , ~ s 1~tneas Jennie D. Kartin ~ o; ~ ~ STATE OF New Jes'se~9 , ~ cn ~ se. ~ t" ° ~ r r r ~ ~ c Cj! COUNTY OF ~ ~ m = 7C ~ ~ ~ I HEREBY CERTIFY that on thie day, before me, an officer duly authorized t~g and in the County aforesaid to take acknowledgmeate. personally appeared ~ c~ o cc0 ~zA . f Rnasell T. Iiartin, Sr. & Jennia D. Martin (vifq~ ~ o co ~ o c" rn:<~ t to me known to be the persone described in and wbo executed t6e foregoing inetr~ent aa~ ~rm ackaowledged before me that ~y executed t6e same. WITNESS my hand and otficial eeal in the County and State last afoteeaid the` /.of . d o! ~ % r ~ , A.D. 19 ~ ~ ~ ~ • :...:ti.~:, ~ 9 Notary Pu iC-f = • j. - . . ~ - , - . My Commiasion E:pirea: ' s~ ~,~~-i c~~4~ _ - : - - r . ~ • _ ~ y ~ - da of , A.D. 19~ . (PLEASE PLACE. ~t~L,; HERE~'~a'r ° ~ ~ ~ . ~ ~ - : "i~ ~s _ r • . _ ~ ! . 'f /f ~ q ~i 1 . 3a •~~u•~`, . . ~ oe ~ !~.r : ~ - • . s~16~ ~ 28? . _ : _ :z , ~ - ~ P ~K . , _ :-h: