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.
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SIg11P(~. SPa~P~ DII~ ~PIIf~P~P~ t11 ~hP P~PSPIIfP O~: ~
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~ T ~f/.ClCGtiw~ + -
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~ ' William B. Po
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Dorothy W. ~ ope ~
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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 ;
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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.
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Q ,......To ~ ~ - a ~
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Notary Public State County -
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=:t Cl~ ~ : r``~. Aforesaid. ;
; ~ = My Cosnmission Expires : ~a " ~
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i lED AMD RECORDEO
WCtE CQUNTY FIA. .
R4GER ?O~tR~S
CIERK CI:iCUI i CBUNT ~ ~
~ECOFO vER~fiEb
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!%ir I11S171/l/!f/1l f1R fl(17!''~l~ 4 101 ~i BOON~~~ PACf ~~i7~
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