HomeMy WebLinkAbout0052 .
prior to entry of a judgment enforcing this Mortgage if: (a) Borrawer ptay: Leader all sutra which would be then due uadsr
this Mortgage, the Note sad notes seauing Futuro Advances, it any, had rw aooeieration occurred; (b) Borrower cures
all broadte: of say other covenants a ap+eements of Borrower contained in this Morlga~s; (c) Borrower pays ap reasoaabk
expenses incurred by Lender in atforcing the oovenar)ts and agreerneat: of Bomorrer contained is this Mortgase and Gs
eafordng Larder's ranediet as provided is paragraph 18 hereof, inchdiag, but not limited to. reasonable attornay`a fees: sad
(d) Borrower takes such action as I.ettder may n~asoaably ~re to assuro that the lien ref this Mortgag0. Lender's interest
in the Property and Borrower's obUgation to pay the sums securod Oy this Mortgsge shag continue ueaimpaind. Upon such
payment and cwe by Borrower, tbb Mortgage and the obliptiw~s warred hereby dull remain in full toms and eQect as if
no aoceletatioa bad occurred.
AarigaraeaR of Realq Appoiatoent of Receive:. As additional security hereunder. Borrower herdry assigra to
Leader the rents of the Property, Provided that Borrower shall. Prior to aooderation under paragraph 18 hereof a abandon-
ment of the Property. have the right to collect and retain such rests as they become due sad Payable.
Upon :ooderatioa under paragraph 18 hereof or abandonment of the PropeAy, Leader shsR be eatitied to have a
receiver appointed by a oonrt to eater upon, tske .possession of sad manage. the-Property and to cdkct the rents of the
Property, including those past due. All rents collected by the receiver :hall be applied Srst to payment of the cast: of
nunagemeat of the Property. and collection of rents. including. but not limited to. - teceiver'a foes, premiums oa reoeiva's
bonds and reatonabb attorney's fees, and then to the sums secured by the Mortgage. 1be receiver shall be liable to account
only for those rents actually received. ~ -
21. Fndrre Aira¦ees. Upon request by Borrowcr, Leader. at Lender's option within twenty years from the date of the
Mottgage,-nuiy-make-Pninre~~?dvaricu-to-Borrower-Stich-Future-Adva~-with-interest-thereon; shill bs secured by--this------
Mottgsga when evidenced by promissory notes stating that said notes are secured hereby. At ao time shall the principal
amount of the i~edness secured by this Mortgage. not including sums advanced is aooordance herewith tD protect the
security of this Mortgagee. exceed the original amount of the Note plus USl.. •
22. 1Relaste. U payment of aq sums sxured by this Mortgage, Leader du>Tl ndease tha•Mortgage without charge
to Borrower. Bono
e~sbaU pay all costs of recordation, if say.
23. Al/arsfey'~ Fes. As usod in iha Mortgage and in the Note. "attorney's fees;' shall include attorney's fees. if any,
which may be awarded by an appellate court.
It+ WtTttess WHt:tttoF, Borrower has executod this Mortgage. ,
Signed, scaled sad ddiverod -
- _ _ - -
1D~~°0C~' ~ Ida Putzer ~ `
` •
. i! 1~~ atii~ B i tett' ~ -so~oM..
STATE OF Fjcp~t~....... •N6W Jersey ..County sa:
I hereby certify that on this day, before me, an odicer rho ' ~q the state aforesaid a~ in the oonnty
afo to acknowle~t~erit~, personally appeared. ~iam fi.i tett i t . an, urnnarr i ed man, and
1di 11 ism ,I..~utzer and~,,}aa~~' a ..u•zer..~ to me known t• be•the•person(s) described in and who executed the
foregoing iuatrurpe~ ~ild'SClc~wlodged before me that t h eY...... exocuted the same for the purpose tber~ein
f~ K` .
w.. >i~ t0~ and oiBcisl seal is the county and state aforesaid this...........?th..........day of
Mx.Crkl~'r • ADZ} ; ~4-~4,.`~~. ~ 4~:
~`C~ . ~ . Notary
~ eY•~ . ~ = . - BARBARA NA~iiL1~ON
_ c~ ~ s+F;.a . , _ NOTARY PUBLIC OF NEW JERSEY
_ v Ml.+oa Expirsr febrwry 1, l/N
r ;
(Spans saioy This Jena Rasan~ad Foy landar and Raoon7ah
056££ VOIZiOIj '3~a3id 1L+0~
ANVdWOJ 3~Nd21(1SN1 31111 OJV~IHO X19 SEP -7 PK ~ 45
~R06E~
P~IRASA•
CLERK CIRCUIT LOUR
RECORD VERIFtEO.~-' .
"4S'7'719
. ~o~x 316 P~cE 52