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d. That In the event ot any breaa~ ot thi~ mo~tgage or detault on the prrt ot the I~fort~n or, or IDl 1n • '
the evenl any ot said aurr~ o[ money hereen referred Lo be not promptly anJ tully paid w~thin ~ day~ aext
aiter the ssme severaliy brcome due and payable, v~nthout demand or i~ot?ce, or ~c) in the event eac and every [
ths st~pulat~ons, sgceementa, conditionx and ro~•enant~ ot a3~d pcom~s~o~y note and thia n~nrtgage, any or elther.
are not duly. promptly and tully perto~med, d~scha~ged, executed, e[fecteJ, compteted, complied with and sblded
by. thea, in euher or ~ny such event, the sa?d agb~egate aum m~•nUone~i ~n sa?d promissory note then rrmauting
unpa~d, with interest accrued, and aU moneys 9eciucd hcreby, ahall becu~ne due and payable forthwith. or there-
atter, at the aption ot aaid Atortgagee, a~ Nfly a~~d completcly as it all o[ the said suma of money were originally
st~pulated W be paid o~ auch day, anything in sa~d pronnssory note, and or fn thi~ mo~tgage to the Contrtry not-
wiUutanding; snd theceupon o~ thereafter st the opti.m ot sai3 \iortgagee. ~~•ithout noUce or demand~ suit at ~
law or ia equlty, theretofors, or-thercatter Degun~ may be prosecuted as it afl moneys aecuted hereby tud matured
prlor to its iaatitution.
T. That in the eveAt that at the beginning ot or at any tlme pending any suit upon thb mortgage. or to ?
toreclwe it~ or to reform it, and/or to enforce payment of any claims hereunder. aaid I?Sottgagee ahall apply
to the court having juriadiction thereof for the appo~ntment o( a fieceirer, auch Court aha1l torthwith appoint
a Receiver of aaid mortgsged property all and s~ngular, incluaing nl! and aingular the nnW. lncome. pmiita.
iasu~s and revenues from whete~er source derived, ea:h and e~•ee•y of ~rh~ch, it being expresaly understood. ts
hereby mortgaged aa it specifically set torth and descrited 'en the Rranting and habendum clauxa hereot, and
auch Receiver ahell have all the broad and efiective funct»ns and }w~~•cr~ in an}n+•ise entrusted by a court
to a Receiver. and such appointment shal! be msdc by auch court as an admitLM equity and a matter of aD~
•olute right to aaid Mortgagee. and without reterence to the adequacy or inadequacy of the value of ths prnp-
erty mortgaged or to the solvency or insolvency ot said MortRagor and/or ot the de[endents, and that auch
rents, protits. income, ia+ues and re~•enuea ahall be a~~ptied by such Receiver accordir~g to tbs U~n and/or equity
oi aaid Mortgagee and the practiae ot such court. ~
8. It is understood and agreed that tl~is mortgage is given to secure, in addition to the note or obligation
above described any additional toans or future advances made within twenty years from date hereof by the
mortgagee to ~aid mortgagors or any successor in title oi said mortgagors oi the property hereby conveyed;
prov~ded that the total unpaid balance ot the indebtedness secured hereby at any one time shait not exceed
the maximum principat amount of ~~la~
(S l, plus interest thereon and any disbursements made by the mortgagee for the pay- i
menl ot taxes, levies or insurance on the property encumbered hereby, with interest on such disbursements. ~
II~T WTPNE33 WHERFAF, the aald Mortgagor ha~ executed Ws mo under seal on the day y ~
henin tirrt above aritten. ~ ~
8faned. ieRled and dtlfvend in the presence ot: /~L~ / ~
~ L L
~ ;
.
~ Frank W. Lennon ~
- ~ ~
-~~s )
~ (SEAL)
) elen M. Lennon F ~EO ,~Kp RECpRpEp
i~ 1ttClf COUMTY flA. ~
Cl RK
CIRCUIT p~t
RECORD YtRlff~p~~ l
STAT'Lr OF.~..
oF_. ~ ~ p g 6 71 M~ 15 2 4~ Py ~
..f ~ ~:=:t_t, :
, , t
Frank~. W. Lennon and Helen M, Lenno~_~, ~
his w,}fe ~z :
Y ~tt ; '.~.`~_._w_--__~- -~_.M.._..~._ w_. ._.r..~..__.... _ ° 1
. --~-~,,,,,,,,;,,,,,,T,
~
to me w~elt It~6U1~' MM4"to be the individual _S described in and who executed the '.i~ts~•
LI]E11~ uld~~ ,7~•thlt ..~hg_._ eacecuted the same tor the purpos ~IEt'CIII EZjI ~ ,"r~ ~:~•~~~~~~~i~~ .R 4-
. ~ f•~ 9:' , ; • ~ '~.t. r~.r y - ~
, ~,~ud_otDctal seal this..._......4._. ...day ot._.____ ~r~n:~~• ~ ~
~'r` ta:~'•~~` - ~l a~,~ 7FX.
_a,3'``~ ' ._yL _ ,
Notary PubliC in aad tos ~ 9
the County and 3tate Aforssat6,._'~? j'~`' d=;•;~_
My comc?fea:on expires: ~ `~~~'f'
' STAT$ OF_..-••-•-••--•• NOTARY PCBLiC UF 1SR ~t:x~~
Y7 Co
' COUNTY OF___._.._......_.._..••-----.__......__. . mmLston Fsyins ~une t9. Ni6
serore me person.uy .ppe,na.....-------...____ ....M.._._....._..r...._....... lP -.~9-'13
~ad._ . to me wW lmow~a aad
knc ~7 s
F
t
ns 1 STATE UF rEW ,IEItSBY y t, EDWARD K. BURDGE. Clert ot the s~ld ~OII ~
~ s~ County ot Ocean snd also Clerk o[ thc County ~oa.
`"x .Ctwct In aad tor sald County, t3aid Court beia~t
COUNTY OF OCEAN ~ .
~ e .'x" ' r~~: ~~Court of record). DO HEREBY CEBTIFY Wst ~d
~ K/ , s ~ ~
betore om tbe [orr~ „p~?,~j wl~d~ ment wu made 4 and was at the drue wa
~ of takln~ We same a. _ - ~ ;
pw ot said State, dwellta~ $~j and :ti~or , duly aulhorised by tbe ~ t
f~ laws ot thb State to ~da~in4ter w aad at[[cmatlons; to takr
sRidavits for ~eneral ~i1~ the ackaowled`ement aad proof ot deed~
and other written t beredltameats IyJA~ IA said State of New
Jersey abd to be reco - t am well aequainted with the hiRdw[itill~ ~
of said hotary Pub ~ and verily believe the siQnatur~
to s~fd certiticste is ~en ~ ~
IN TFSTIMONY ~It~'~~ive hereunto~y hand and aRi:e the ofticisl sr•rl ~
uf +hq'lsaid Court and County at ?ows Biver, V cw Jersey, this ~ day #
°f ~L~n c-: ~i k c. . A. D. 1! . - I
~ EDWARU K. BURDGE t
~ erk. i
~Y f'<Cf.C~'~'~_ _ ~
! y,~ Deputy Clerl.
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~ oK191 644 ~
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