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10. That the Mortgagors will give immediate notit~ Dy mafl to the Mortgagee oi any conveyance, transier or change of ~
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ownership of the promises. i
11. That no waiver of any covenant herein o~ oi tM obUgstion secu~ed he~oby shall st any time thareaft~~ be held to bs
a waive~ oi the terms hereoi or of the note securod hereby. ~
12. That if the Mortgagors detault in aml oi tAe covenants o? sgreements contained heroin. o~ in said note then the
Mo~tgages may pe~torm the same. and all expendituros (intluding reasonable attorney's tees) made by the Mortgagee +n so doing ~
shall draw interest st the ~ate of eight percentum (8°~f,) psr annum. snd shall be rcpayable immediately and without demand by ~
the Mortgagors to tha Mortgagae. and, together with interost snd costs accruing thereon, shall bs secured by this mortgage. ~
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13. That the maili~g of a written notice or demand addressed to the owner of rocord oi the morfgsged premises, or directed !
to the said owner at the Isst address adwlly turnished to the Mo~sgee, or directed to said owoer at said mortgaged promises.
and mailed in the UnitW Statas mails. shall be sufficient notice and demand in sny case arising under this instrument and re-
quired by the provisions herooi or by law.
14. This Mo~tgage shall secum not ony existing indebtedness, but also such futuro advances. whether such advsnces aro
obligatory or to be made at the option of the Mortgagee. or otherwise, as are made within twenty (20) ysars from the date hero- #
of, to the same entent as it such tuturo advances w~em mads on the date oi the execution oi this mortgage. but such secured
indebtedness shall not exceed at any time the maximum principal amnunt of 3. 30,~000.~~ . plus interost. and any
disbursements made tor the psymeM ot Uxes. levies or insurance. on the prop~...y covenw Dy the lien oi this mortgaga. with ln-
terest o~ such disbursements. '
The covenants herein cootained sl~all biod, and the ~enefits and advantages shall inu?e to. the respective heirs, executors.
administrotors and assigns of the paRies hereto. Whenever used, the singular number shall include the plural, the plurat the singu-
lar, and the use of any gender shall ioclude all genders.
IN WITNESS WHEREOF. the sald Mo~tgagors have herounto set their hands and seals the day and year first atoresaid.
Signed, sealed and delivered i~ the presence of:
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_ John Testa
~ OZ ~ / , G~~
V~ ~Xi''"W (SEAL)
Ingeborg esta
(SEI1L)
(SEAL)
, STATE OF P1~IeA New Jer sey 1
i COUNTYOF Atlantic ( ~
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; Betore me. the u~dersigned authority, on this day personally appeared John Testa
€ a~ In bOr Te ta . h~s wife, to me well known and known to me to be the individuals described in
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and who the oregoing instrument, and acknowledged betore me that they executed the same tor the purpose therein
~ e~?'essed.
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~ ~ ,`;11~I~HES3 ciry hand and o~cial seal this Sth day of Feb~ar , .
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~ • PuWic, State ofsf~ddac NewJErsey
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