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'1'hat In th~ ~~~nt ot any b~~acA ot thli mort~ap or d~tault on th~ part ot tl?e Aton~R~or, ot Ib1 ts
th~ ~vent any of ~aid ~uma ot momy h~n?n ref~md to bt not promptly and tully pa~d w~thin ter day~ next
~h~ ~amt ieve~~lly pecom~ du~ ~nd paya0l~. vnthout demand or not~ce, or ~c? ~n lhe e~ent eacA and tv~ry
th~ ~t~pulatlons. a~rcemeeta, condit~ons ~t?d covenant~ ot sa~d prom~i~~~y n•~~e and thia m~~rtxate, any or ~tther.
u~ not duly, p~omptly ~nd tully pertormed. di~cha~ged, executed, e((ected, eomplcted, compl~ed w~th and ab~d~d
py. th~n. ~n e~the~ or any such ev~nt, th~ u~J a`~~~~ate aum m.•nt~oned ~n aa:A prom~saery note then remauun~
unpa~d, w~tA ~ntere~t accrued, and all moneys sec~~red A.•reDy, shall becum~ due ~nd pa)•able torthwith, or thtra
atter, at the option ot aa~d Mo~tgagee, as Nlly and completcly as ~t nll oI lhe su~l a~~n~a ot money w~re o~istnalir
~t~pul~ted to be pa~d or? such day, anythln~ ~e sa~d pronussory n~te, an~t or ~n th~s o~ort~u~e to th~ eontrary not-
w~thstar?dln~: and thereupon or thereatler at the opt~~o ot sa~d Atort,;a~e, ~~•~thout not~ce or den~and. ault at
~aw or u? equlty, thereWfor~. or therealt~~ be~tn. may be prwecuted aa all moneys aecu~ed hereby had matund
pelor to iU ~nstituboa
7. That tn th~ evsat th~t ~t th~ M~tnninr ot or at ~ny tlme pending any auit upon thb mort~ap. or to
torecloss i~ o~ W ntorm It, ~nd/or to ~nforc~ payment ot any cla~ms hcreunder, sa,d Mort~e~ ~haA ~pply
to th~ court havin~ ~urlsdictlon thereof tor the appointment ot a Rerei~•er, such court ahill forthwith appoint
a Itecelver ot u?4 morts~~ed property all and iin~ular, including s11 and sinRutsr the renta. Income, piodta.
Wuea aad. ~venucs t~om whattver ~ource denvcd, ea.•h and eve~•y ot wMch. ~l ArmR expres~ly undentood. la
he~~by mortgaged as it specitically set lorth and de~criEed in the Rr:,nt?ng and habendum clsuse~ Aereot. aeld
~ueh Rece~ver shall have all tha broad wnd ettect~ve funclinns and r+ ~n anyw~se entrusted by a tonrt
to ~ Receiver. and sucA ~ppo~ntment iha11 be msde by ~uch court as un adm~tted equtty and a mattes ot ap-
wlut~ ri~ht W ufd Ir[ort~y[ca. and wlthout retetence to th~ adequacy or ~nsdequacy ot the ~alue ot th~ prop-
tsty mortsased or to the ~olvertey or insolvency ot wid Ir[ortRagor and l~r ot the defendants, and th~t ~uch
nnL. protits. income, issuea and re~•enud ~hall be •pplied by auch Recei~•er accordin` to the lien aad/or equlty
o! aald Mortsasee wd the practice ot such ceurt. ~
above descn ' ional loans or future advances made within lwenty years irom date hereof by the
mortgagee to said mortgag ccessor in title ot said mortgagors ot the property hereby conveyed•
prov~ded that the total u~pa~d balance o ness secured hereby at any one t~me shall not exceed .
the maximum principal amount ot D°~~ars
plus interest therecm and any disbursements m ortRaaee for the {,ay-
ment of taxes, levies or insurance on the property encumbered hereby, with interest on ents.
~ vVHEREOF. the,Wd ~torttasor l~a~ ~xecuted thii morts~e undcr seal on the dsr and yeu
re~n lirst aDo ttm q
~~ned, ieai and de v fn th prese 1 ,
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_ , ~ eorg . - anKS
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___.~'.Cl~.~~~ul
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e en , an '
sTw~ra oF.._..NEW JERSEY_._.
a
; coviv~r oF....IY1..Q..P,~1.~
f GEORGE~S. BANKS and_HELEN~..LANKS~_his wife
~ Beton tne pe»onWy aPpeared-•....---•--•°°--•••.....__.».._ . . _ .
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€ to me well known •nd known to m~ to Me the indiv?dual.S described in and who executed ths foregoln~ fnatrw
s t~ent~ ~nd acknowledged Detore me that .~~e.~ exccuted the same for the purpose~ thereu~ exprsssed.
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! ` WITNESS my hand snd oitic~a~ ~eal t1?i~_.----f .~~.~...-------.d~y or.._..-----March 10. `l9
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~ ~ Notary Publlc In and for
~ • : : . the County and State Afotesafd.
g ' . My commtssion e:pire~: ~ ~ ~ y~"~
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~ Befor~ me rsonally appeared..-•--•-•--
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~ '~Itd_.."" "_"._._.._...."_~....._.._._y t0 ID~ ~I~ 1m01M!! im
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~ ._........~_PTr1dEAt L[iQ~_».~.»..........___.._
~ known to ms W be tha...-•-.-•-••-•._...
t?1~ COTpOT~tlOa
~ il1pECLlVtly Ot - .....-•-•-..._.....»...•--._...,...~......_.._.._w ~._r..._........••-••-•--_.....--^ r~
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~ named in ths foresolns inatrum~n~ and known me to bs th~ parwiu Ao a~ nich otOc~n ot sala co ratloa.
~ executed the same; anA Nen aad then th~ ~afd...---..._.... .............._........-•-..._..••-•-•-------.....•--....._....._..----.._...aaA t!N Nld
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__.....___me ae~w.~?i.as. eaon m. c~.c ..ia
lrutrument li the free act and deed of aald corpondon by them ru tlvaly esecut~d u such ottlcvrs tor tb~
purpwe~ th~retn e:pres~ed: that th~ ~eU thereunto attacheA i~ t2~~ co rat~ ~eal b~ tDam tn Wu capac~t7 at' ,
tuced: W undsr aachority In thsm duly vated by W~ Board of Dlrector~ of corporaUoo.
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~ w~rrrras9 my n.na .re ocn~W ...i w._....----..._.___.....a.y or..........._.._
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~ (,D • ~ ~ ~ ~ Notarp Publlc In and for
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~ '79 ~ ~ ' ~ i ~ l~~i ~ : 3 9
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~ . 9 gOGK 305 FA~E 733 ~
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