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I ~ W l1~e same, logethe~ wifh the tenemenb, ~ienditaMenls and nppu?le-
nnnces thereto 6elonging, nnd !he ?ents, issues ond prof
ifs thereo/, unto the mortgagee, in ~ee sImple.
the mortgagor covenants with !he mortgngee thot the mortgagor Ja tnde~ensibly seized o~ said
~and in ~ee simp~e: fl?at the mortgngor haa goa~ rtght and ~awful auihority fo convey aaid ~and oa a~ort-
said; fhat fhe morfgago~ wi~~ make such further asswances !o per(ect the ~ee simple fitle io ~aid Iand in tl~t
mo?t~agee as may reaso~nb~y be requi?ecl: t~at fhe mortgagor htreby ~u~~y wurranb t~e fit~t to sai~ ~
and will de%nd tl?e same ngainst t1?e lnwjul ciaims oj all pe?sons w6omsoewr: and tkat iaid land is Jnt
and clear oJ nll encum6rnnces excepting taxes for the year 1972; but aub~ect to the
aforesaid terms~ covenants, agreements, obligations and provisions of said
Declaration of Condominium which Mortgagor in all things does covenauit to
. Mortgagee faithfully to observe and perform;
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~~'Q(~~ ~S~ thut ij said morlgagor s1?aU pay unto said mortgagee tke certain promia-
sory note hereina(fer su6stantiuUy copis~ or identiliec~, to-wit:
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Bricktown, New Jersey
e~,~_~ - &boa+t~c#iatde2c. A~~~st 1972
"or value received, I, we, or either of us jointly and severally promise to pay in lawful- money of the United States of
'~merica to the order of FIRST NATIONAL BANK AND TRUST CAMPANY OF STUART at its office in this city the principal
~um of r IVE THOUSAND ($5,000.00) - - - - - - - - - - - - - - - - - - - - - - - - -
- - - - - - - - Oollars
~opether with intcrest from date ~t the ratt of 8 per centum per snnum on tha w+paid bal~nce until paid, said pri~cipal and interest to be payaWe aa
-o~~o~s: i~ ~„«,th ;,,,t,u~~K of (?ne Hvndred One & ~39/1~ - - - - - - 101.
; ti - - . _ - ~ - ~9 ) i~+d~,ainp interat, on ,h. .
~
I lst = d~y of each monrh beginning on rM lst - d~Y of
September _ . ~9. ?2__ "
J_,=~ . -
and oontinuinp on tM ..1St day of e~ch snd evcry month therc~her until the 1St day of AL!~11St~ '
-_y
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~ 19 on which t~id date the entire bal~nce of principsl and interest then unpaid shall become due and payabk. Each psymem is ~o be appl'ied
~~rst to intcres~ and the b~lance to {xi~cipal. In case said installmentt, w sny of them, are ~+ot paid with;n 15 days afia the same become due, the wlal~
of said pri~cip~l ~nd interest sum shsll fonhwith become due snd payabk at the option of ~he holder of this ~+ot~.
We, the maken, sweY~es, endorsers and 9uaranton of this rate, hereby severally waive preserttmcnt for payment, notice of non-payment, protest u+d
notia of protesf, u~d diligence of b?in~ing suit sga'u~sf any party thereto, and consent that time of payment m~y be exrended w;thout ~otice thereof to
any of the sureties of this noN.
Now should it be neceuary ro colkq this note rhrough sn attorney, each of us whe~her naker, w~ety o. ~~do•~e. „n ~hn note, hereby agree to pay
atl costs of ssid coilection, includinp a re~sonable attorne~/s fe~.
Said bank is hereby e~ep?essly authori:ed to retain s~y general or special deposit, colla~aal, real or Fe.sonsl sewrity. or the procecds thereof, belorg-
g to either of os, ~ow w hereafter in the possess~on of it during the time this note remains ~npaid, and before or after maturity hereof may apply ths
•.ns to this o~ ~ny other debt w liabilir'~es of either of us to said ba~k, due or to become due Give~ under the hand ~nd se~1 of each party.
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~ocum~nbry Stamt4} ` . , / ~ ~ ~
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