HomeMy WebLinkAbout1534 ~n~l sh~~ll ;~f~r/orm. comply tvil{~ and ahi~1~~ l,y :•,e~ l~ a?ul ~~ri~ry nc~.~~,~~,~,•,~t,. slipulations. conditions and
co~•~•?i~nts Ihereo~. a~i~~ oJ t{~is morf{~a~i.~. I~ien +f~is rnort~~a~~~~ n?ul il~~• ~~s1u1.• li,•n•1?y crNt~letl. sha1l rease. de-
Ir?mine an~1 Ge nu~l an~ roid.
l~n~ f~v moNc~ayor ~~cn•~y ~tulhrr con~~i,nr~ts an~~ a~~~eos fo pny ~,?.~r.~,~lly u~~uv~ c~ue fhe princ•ipal anc~
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~ int~~r~~sl anc{ ot~er sums u~ muney proi~i~le~l ~or in sai~1 ~~ofc• ant~ this m~r~.,~ur~•. or ~~itli~~r; fo fwy a~~ and
j sin~u(ar 11~~ fnxes. assi~ssnients. ~~i~ies. ~ia~~ili~i~•s. ublt[jRjiO?1S. Qfl~ P~1f!l71i~,;u, uJ f•rr~ry nnlure ort said pro-
~ pprh; to permif, ~ommit or st~~f~•r ?to u~~ste~, in~~~~lirm~~re1 or c~~~leriorafion u~ ~~u.~ ~an~~ or ttii~ improi~ements
t~u•n•un Rf crity tintP: fa ~r~Np f~te ~~ui~t~ings noi~• ~~r ~~e•rraffi~r on snit~ [ur~;~ (u~;~ iu:ur~i~ in a surn oJ nof ~ess
~ il,~n highest insurable value
in a cumpany or companies acrepfab~e to IEit~ m~:rtgu~~re. fl~e policy or ~,a~iri~~~ tn ~,P ~~e~<~ tiy, anc~ pnyab~e
fo, sni~~ murfgagee, an~ in Ihe event any sum u~ mi~nry ~,~romFS paynh~~~ riu~~ o( sucti insu?ance !~e
motlryag~~ shal! hn~~p IhP right to r~ceiue and npply the same to 1f~e indel~t.~.~„~•• ~ lr.•r~•?,y SPfl1~P~, accounting
~ to 1~~~ morlga~~or (or any surp~us: !o pay a~~ ~osls. ~•hrtr<~t~s, ~n~ expens~s. ~ni 1:~:1r.~r+ lninyer~s ~ees an~ tifje
s~arr~~~rs, r~~~sonaf?[y incurrn~l or pait~ ~y I~P mortga~~r~ i,~rause o~ f~e ~n~~~~rr ~hr morft~a~or to p~omptly
f ~nc~ ~ul~p camp~y u~it~ Il~a npreemenfs, s(ipu~alions. ~~~.n~[i:iuns an~ c-onpncurts ;.l s;~~~1 r~:,lp an~ i~is morf~age,
; or Nithe•r, to per~orm, comply with and abidp by t~~r~~J~ r~nd ~•rery f{re agr~e,~~~~::~:. .ti;.~_1„tions. conditio?is and
~ coi~~r~~nfs s~f ~ortti in suic~ nnte an~ f~is niortqu~~~ ~u ~~i1~~ar. ~n Itir prent l~~.- ?:i.~r;r;r+ror ~ni~s to pay ~vhen
~ cluc~ any fax, assessme~nl, insuranee premium or otl~~~r .~~n~ o~ mon~•y paynl~~e ~ ~~trl~:.~ sni~ note an~ Itiis
morf~ngP. or rither. ftie morfgngee may pay IE~e ~nmE~. u+itl~oul ~nniving or c~~+~~r•fir~.t oplion to ~orpc~os~
or ~ny ol{~nr ric~hl I~erpw~~~er, anc~ a~~ suc{t pnvm.~n~s sli,~ll 6~ar interest ~rom c1u~~ tli~~; ~•-,j c~t t{~e I~i,ryhc~sl ~aio- j
~u~ rate f~~~•n a~~ou~ec~ ttie ~aws oJ t~~e Stcrfn ~'~ur~~~n, j
~
~ DL an • sum o moni '
> ~ ~y hereiR re~err~~~ lo t~~~ not promplly puid wit~~in ZS ,iQys nrxf ajler i
fI?e same F»romes Jue, or i~ each ancl enery I~~e• .?qr~~Pmt~nt~. slipu~alions, con<~ilion; ronenants o` sait~
?iotP and tl~is mortA~ge. or eilher. are no1 ~ullv ~,c~r(ormpd, ro~nplied tvil{? ~an<1 ilhi:l~:i ~,y. t{~en tf~e enfire i
sum menfionerl in aaic~ notv, and Ihis mortguu~, o,- 1~~~ i~nfiro ~~alnnce unpaid fl~c~?;~i„~, shn[I (oHl~inith or .
t~preaJtpr, af fhe oplion o( the mortga~ee, ~ecume ~nc( ~~ue an~~ pnya6ie. n~?yl~iiri:~ ,ri s.~i~l note or herein ~
to t~e conlrnry notu~itl~standing. Failure Gy tl~e mo?t~~n~ea lu exercise anV o~ the ;d~al~ls ur onno.u hp~p~n ~
pmri~~ec{ s~all not constitute a tvaioer o` nny rig~ls or options um{ar sai~ nofP r~r t~ic ~norfRagP etccruer~ or
fhrrea~for n~~niin{~.
~n ~itness ~hereof~ ~~p $(tl(I mortq~yor hQS I~errunfo SfC~fIP(~ (1/1(' .CNQ'~'!~ I~PSP prc~spnls ~~P
~ ~~uy anrl y~~ur ~irsl above u~rilf~n-
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! Sig+~ed. s~a~e~~~ m~~1 ~~e~ii•~rer~ in ftie pr~>sence o~:
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~ g t ANNA K. POUND
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sTaTE c~F poo~x New Jersey Z ~
Cnt'tiTY OF MOIlI[lOllt21 ~ '
I HFREBY C~R"i1Fl' that on this day, before me, an
officer dulq authorized in the State aforesaid and irt the Courtty aforesaid to t~kr acknowledQm~•nts, prrsonally appear~d ~
ALFR~D E. POUND and ANNA K. POUND, his wife
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~f tu m~~ kn~~N•n to be thr p~•rson S described in and who exrcuted the fvr~•¢oin¢ insvument and t}lE'~I acknowledQ~d f
Ij befon• mc that t}'lE~/ eaccuted the s:+me. j
~ \\'17~\F.SS my hand and official sral in thr County and Statr last aforesaid this I1t21 day of f
xxga~Sept. .1. D. 19 73. This is to certify that nty commission as a Nota~y
lfor the State of New Jersey has not expired, is alid, and in full ~
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i; force and effect as of t2iis date. ~ ' '
~ ~ a~a~..+.
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I IAARION E D1GR1Q1 :
' Ft~L(; ~lpg ~E~ NOTARY PUBLIC OE NEW IERSEY ;
~ Si~'LUCI: ;,8lfl(i Ny ~mission ExPira Septembe~ l976 I
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