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HomeMy WebLinkAbout1392 anc~ shnl~ pe~jorm, comp~y wilti and a6ic~e 6r e~tch and erery f~e agreemenfs, slipu~ltons, conditions unt~ coaenanls thereoJ, nnd o( this morlga~e. lhen Ihis mo?tgage and fhe e~tata here6y crented, sl~all cease, de- te?mine and 6e null ancl void. thp mort9a~or hen+by (urther covenanls und ogrees to pny promptly when due fhe principnl and inleresl and ol{~er sums o~ money provlc~e~I ~or in sald note and ttiia morfgage, or eiftie~; to pay a~~ nnd singula~ the taxps, assessments, leuies, Ita6ilities, o6ligaftoru, and encumbroncei o~ every nature on snid pro- perly: fo permif, commil o~ sufJer no wasfe, impairmrnf o~ deterioration oj said land or the improvemenli 16precn at any fime: 1o RPPP I~P 6uil~ings now ur herea~te~ on said land f ully insturd in a sum of not lesa than MAXIMUM INSURABLE VALUE ~ in a company or companies accepta6le+ to the mo?fgagee, thc? poltcp or policies to be held 6y, and paya6le ~ !o, said mort~aqee, and in the evenf any sum o( money becomes ~xiynbte 6y vi~tue oJ such insurance !he mortgagee shall hane Ihe right ~o rpceive and apply 1{~e same to the ~nde6tedness here6y secursd, acrnunfing fo f~e morfga~or ~or any surpl~u: to pay a~~ cosls, cha?gea, and expense~, inc~uding ~awye~ s~ees and tif~e searches, reasonnh~y incurrn~ or ~xi~d 6y rhp mortgagee 6ecause of I~e jat~ure o~ f~e mortgagor !o prompf~y nn~ ~u~~y comp~y wil~ I~~e ag?eements, sfipu~ations, con~ilions a~d eovenants o/ said note and lhis mor~gage. or ei~her: to perjorm, cornply with and abide 6y eaci~ and ei~ery !he agreemenfa, alipuleitiona, ronditForu and _ covenanfs set ~ori~ in saie~ note anc~ l~is morfgage or eifher. ~n the event the morlgagoF ~ai~s to pay w~en tlue any fax, assessment, insurance premium or otl~er sum o/ money paya6le 6y virtue o~ said note nnd t~is morlgnge, or eit{~er, t~~e mort~agee may pay t~e same, tuithout wuiving or nj~ecting the oplion to ~orec~ose or any other ri~ht hprpunc~er, and alI such payments s~all 6ear infereat (rom dute thereoj nt the f~ighest law- rU~ ~Q~P ~I1PI1 (l~~OWQ~ ~~1P ~QWS o/ ihp S~Q~P Ol FIOrIl10. ~L nny sum oJ mon~y herein re(erred !o be not prompt~y paic{ wifhin thirty days next a~ter the same beromes dup, or if eac1~ and ei~ery 1he agreempnts. stipulotions. condilions and c~oi~enants of said note and this mortga~e, or either, are not (ully per~ormecl, complied wit~ and a6idecl 6y, ttien Ihe entire sum mentioned in said-note. and t{~is mortgage, or fhe entire ba~ance unpait~ tl~ereon, shnll forthwitl~ or iherea(ler, at th~ oplion o~ the mortgagee. 6ecome and 6e due and paya6le, anything in saic~ note or herein fo fhe conlrary nofu~ilhsiancring. Fai~ure by the morfgagee to exercise any bf !he rigtifs or options ~erei~t pro~•ic~ed stia~~ nof consfihite a u~ainer oJ any rigtits or options un~er saic~ note or ttiis morfgage accruecr or ~ fl~ereaJl~r ac~ruing. ~n ~itness ~hereof~ tf~e snid mortgagor I~as ~PrPIlIlIO Sl(J?IP~ antl seoled these presents the ~ay antl yea? (irst ahone u~riften. ~ SIg11P(~. SPa~P~ DII~ ~PIIf~P~P~ t11 ~hP P~PSPIIfP O~: ~ . ~ T ~f/.ClCGtiw~ + - ° - !/`7 _ ~JLJ ¦ ' l ~ ~ ~ - - • - ~ ~ ' William B. Po ~'-~'~-4~ rX__.. . ~ . . . . . ~~~~s--~~? . _ ~ ' ~ - - ~ . ~•y~-' Dorothy W. ~ ope ~ _ _ - - - - - - ~ ~ ~ ~ 1 STATE OF ~ NEW JERSEY ~ GOL'~'TY nF BERGEN I HEREBY CERTIFY that on this day, beforc me~ a~ o(ficer duly authorized in the Statc a[oresaid and in the County aforesaid to tak~ acknowltdgments, personally appeared WILLIAM B. POPE and DOROTHY W. POPE, his wife, to me known to b~ the persor~5 described in and who execut~d the (oregoinq instrument and they acknowledged ; i beforc ~ne that th@y ~x~cuted the same. s H'I7'NESS my hand and of(icial seal in thc County and State last afw~said this /~j ~ day o( Apr-il, _ .:-.~:--Dr t9 74. . . _ ~ . _ D . . L • Q ,......To ~ ~ - a ~ ~ . - ` : - - - ~ Notary Public State County - i~~ . ~ : =:t Cl~ ~ : r``~. Aforesaid. ; ; ~ = My Cosnmission Expires : ~a " ~ ' p" U E31=,~~' ~ : - . ~ ~ - ` 2-~~082 . ~ , . : : . . . . ~ . • - ,,s,~, - i lED AMD RECORDEO WCtE CQUNTY FIA. . R4GER ?O~tR~S CIERK CI:iCUI i CBUNT ~ ~ ~ECOFO vER~fiEb pY f" !%ir I11S171/l/!f/1l f1R fl(17!''~l~ 4 101 ~i BOON~~~ PACf ~~i7~ l~tfl~/!'.fif ~ - ~