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~o ~inue ~nd to ~otd ~he same, to~jether wtth the tenement~, I~ereditnments and appurte-
nances Ihereto 6e~onging, aad the rents, issues a~d pro~ils tl~ereo~. unto the mwtgagee, tn /ee simple.
the morfgngo~ covenants wiih the mo~tgagee t~nt !he mortgagor is inde%~~61y aeizec~ o~ snid
~ land in Jee simple; tl~at the moHgagor hw good right und law)ul nuthority to conuey :atd la,~d w ajor+-
snic~: f1~af f1~e mortgagor wil~ malee sucl? ~urftier assurances to per~ec! ttie Jee aimple tttle to ~aid land tn tk~
~ mort~agee ns may reasona6~y Fie ?equire~: that the mortgngo~ here6y /uUy warmnts the ttt~e to said ~and
I and witl de%nd the same against the lawju! claims o~ all penons wl?omaosver a~d ekat sntd 1nRd is /nt
and clear oJ nll encumbronces excepting taxes for the year 19'j2; but subject to the
aforesaid terms, covenants, agreements, obl.igations and provisions of said
Declaration of Condominium which Mortgagor in all things does covenant to ~
Mortgagee faithfully to observe and perform;
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~ ~rQ~{~~ n~~ys~ t~at i~ suid rreortgagor sha~~ pay unto aaid mortgagee tke certain promis-
~ sory note hereinn(ter su6staniinlly copie~ o~ identi~iec~, to-wit:
~ ~
~ ~ Bricktown, New Jersey
S 5~ppp.pp Au~ust 7th ~ ~q72
=or value received, 1, we, or either of us jointly and severally promise to pay in lawful money of the United States of
America to the order of FIRST NATIONAL BANK AND TRUST COMPANY OF STUART at its office in this city the principal
sum of FIVE THOL~SAND (SS,Q00.00) - - - - - - - - - - ----Dollars
to~ther with interest from date at tM ratt of V. per oentum per ~nnum on the unp~id balance until paid, said princip~l and interest to be psyabl~ as
i follows: In ~thy ~~r.it~a of _On.e_._;iundred_ One and_~9I__100_=-------- ci 101. ~9_--- i~i~,d~~ Mre.~~, o~,
~ ---lst------ d.y of ~~h w, rh. - lst - d~r ~ -----September , i91?
and contuwinp on t!w _.__lst--- day ef escl~ ~nd every moeth thereaher w?til th~ -------1St daY of -----Aug11St~-------------+
~ 19 7~ on which said dat~ the enYve bslanu of pincipal uid interest then unpa7d shall become due and psyable. Each payment is to be ~ppliad
fint to interest snd the balance fo principal. In cast si~d i~sfallmtnts, w any of them, ~re ~ot psid within 15 dsys after the same becortse due, tIk whol~
~ of said pr'r~cipsl and ioterest sum sh+ll forthwith become du~ snd psyabl~ at the option of the holde? of th~s note,
We, the mskers, sweties, endorun and 9uarsntors of this note, he?eby uverally waive presentment fa paymem, ratice of non-payment, protesf and
rwtice of protest, and diligence of brirging suit sy~inst any ps?fy theteto, and consem that time of payment msy be extended without ratiu thereof W
any of tM sureties of th$ noM.
Now, :hould it be necessary to colka th~s r+ote t}rough sn attorney, esch of us, whetFur make~, surery a endwse~ on this note, hereby agree to p~y
•II costt of said colka~on, incl~rg a re~sonabk anorney's fe~.
Said bank is hereby expreuly avthorized to retain ~ny ge~er+l o? special deposit, collateral, real or perso~al secu~ity, w the proceeds thereof, bela~¢
~ng to either of us, raw w I+ereafter in the possess"wn of it duri~g tFw time this note remains unpaid, and betore or after maturity hereof m~y spply 1M
sam~ fo th+s or ~ny other debt or lisbilities of either of us to :~id ba~k, dw w to become due. Give~ under the hsnd and ual of each partp.
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