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~n~I sI~aII prrjorm, cump~y ~nilh and abide by encti nnd c~~~ry iRe apreements, stipu~alion's, conc~itions and ;
CAI'PfIQf1~5 ~~~P~('O~. Q/l~ Oj ~~IIS I/IOtI{~A(~P. ~~IP/I ~~IS mwlf~age and thP PS~Q~P hereGy C~Pq~~. SEIQ~~ CP(iSP. ~e- 1
~PIII1111P A~I~ ~M null a~u~ 1'OI(~- ~
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~11~ t~~~ morf~a~lu~ I~er~~hy ~urf~Pr covenanls anc~ ap?res fo pay proa~pfly u~hen due Ihe princ•ipal and t
~ inlen•s! ancl ol~~er sums of mor~ey pro~~iclMl ~o~ in saic~ nole and fhis mortgagp. or eilher; fo pay a~~ and
si?~~ula~ lhe t~x~s. ass~ssmi~~its, l~ui~s, lialiililies, o6li~alions, and encumbra~ces oJ every nature on said pro-
perlv: to ~rmit, commil or su~~e~~ no u~asle, impairment or ~eferiorafion of sai~ ~antr or the improvements
I~i~m<•n al any lime: fo ~~ep f~~~ ~~ui~r~inc~s nou~ or ~IP?PA(I~r on saia ~an~ ju~~y ins~we~ ~in a sum o( not ~esa
Ihan FULL INSURABLB VALUB.
in a i~nm~n~ or i•ompdni~~c ~cc~pla~~e fo t~~e mortflaf~ee. t~~e po~icy or po~icies fo ~~e held 6y. anc~ payab~e
fo, sni~ nioitya~pv~, anc~ in I{IF Pi~P11I any sum. of monny 6econtes paya6le 6y virlue o~ sucti insurance the
- mo?tc~ag~p sl~all har~ the ri~F~t to fM'Pll'P and apply Ihe same to tl~e indebtedness here6y secured, aceaunting
fo I~~e morlga~or jor nny s~up~us: fo pny a~~ cosfs, rl~ar{~es, and expenses, inc~uc~ing Iawyer~s ~ees antj iil~e
s~rcl~es, rPasoriaF~~y incorrP~ or ~wi~ tiy f~~e morfgagee heca~ue o~ Itie lai~ure o~ fhe morfgagor to prompt~y
ancr ~u~~y ~•omply u~il/e Ihe a~rec~ments, sfipu~afions, con~~ifions ancr coi~enanfs o~ sai~ nofe un~ t{~is mortQage.
or eit~~e~; to p~rJurm, t-omply u~ith ond a6idp hy each anc~ every ll~p agreements, stipu~ations, condifions and
corrn~nis set jorth in said note and Ihis mortga~e or either. In the event Ihe morlgagor Jails to pay w1~en.
du~ any tax, nssessm~~nt, insumm•e premium or ol{~er sum o~ money payati~e 6y virlue o~ saicr nole anc~ lf~is
niort~agP, or ~if~~er, f/~~ mort~~anee may pay f{~e same, wilhoul wnii~ing or af~eclinp fhe option fo Jorec~ose
or any ofher ri~l~f tier~~u~der, ~arl all sucl~ pnyments S~AR 6POr IRIPfPS~ rrom clnfe f{~ereof a~ fhe higF~est 1aw-
rU~ ~11~P ~~lPII 11~~OlNCI~ ~~IP ~A11~5 OJ ~~P Sta~P O~ f'~Off~Q.
lL auy sum oj mon~v I~nrein re(Prrc~c~ to I~e not prompily paicl wifhin thirty (30~ clays next a~te?
t~~~ sam~ hecomrs c~u~, or ij c~r~i an~ eoery flie a~reemenfs, stipulalions. conclilions nnc~ coi~enants o~ sai~
note and t{~is mori~~arye, or ~ither. ~?e ?iot f ully perjormed, complied u~ilh nnd a6ided 6y, then the enti?e
sum r?tenlionecr in saic~ nol~, an~~ Ihis mortflage, or ttie enlirn ha~ance unpaic~ 1{~ereon, shal~ ~orl~iwit~ or
tl~ereafler, nt tf~o option of tl~~ morl~~~~~. 6ecom~ ancl 6e due ancl paya6le, anyt{~ing in said note or herein
fo t~~e confmry nolu~il~~sim~c~in~_ ~'ai~ur~ ~~y 1{~e morfgagee to exerrise any of f~e ri~~ts or options herein
pro~~iclM~ s{~a~~ not ~'onsfiful~ a u~aiv~r o~ any ~ighls or oplions unc~er saic~ note or fhis mortflage accrue~~ or
th~r~o(Ier occruinq.
~n ~itness ~hereof~ I?~p caid ~mortc~agor I~as I~Prnunto sic~ned and s~aled fhese presenls Ihe
~aY an~~ yt~r ~irst nho~~p u~rillen.
Sign~~I. sea~ed and d~•l~~ rPCI i~ Ihe 's~nce of : . -
-G~-s -4 ~ L.~f >.~~r.G~~,
- _ / . ~i~` ~
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~ Albert R. ~auch~ `yz ~ ~ -
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Mqriae M. Nauch
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~ STATE OF NEW JERSEY ~
GuC"\TY OF ~?~J.~c.~
i HEREBY CERTIFY that on this day, before me, an
o(fi~er dul~• authoriz~d in the State aforesaid and in the County a(oresaid to takc acknowledqments, personally appeared
ALBERT K. MADCH and t~iYRIAM M. MAUCH, his wife
to me known to br th~ prrson i.~escritxd in and who ez~cutrd the tor~¢oinq instrument and V110 acknowledged
b~(orc ~n~ that tbey ex~cuted the same. '
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~117'\ESS my hand and ofticial seal in the County and State last afor~said this ~
....?•'rr,.,;~'tr ~s 7
~L-~~ ~ A. D. 19 ~4. U~=~1~ , .
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Mq Commisaion Expires: j~V
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Sj. L~ Y•aS Rt KOTARY PU311^. ST~1: c i F::C':/ JERSEY
~ P~ ~ ~ na. c r.ai :
MY COIJlN.ISSION E%PI ~L~ JAV::ARY 12, 1976
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