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prior to entry of a judgment enforcing this Mortgage it: (i<) Borrower pays lender all sums which would be then due undef
this Mortgage, the Note and notes securing Future Advances, if any. had no acceleration occurred; (b) Borrower cures
all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the covenants and agroemenu of Borrower contained in this Mortgage and in
enforcing.Lender iremedies as provided in paragraph 18 hereof. including, but not limited to, reasonable attorney's fees; and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender': interat
in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such
payment and cure by Borrower, this Mortgage and the obligatioru secured hereby shall remain in full forces and effect as if
no acceleration bad occurred.
2t. AsdsaoteM of Rest A~oiAtnent of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to acakration under paragraph -18 hereof or abandon-
ment of the Property, have the right to collect and retain such rent: a: they become due and payable.
Upon acceleration under pangnph 18 hereof or abandonment of the Property. Lender shall be entitled to have a I
receiver appointed by a court to eater upon, take possession of and manage the Property and to collect the rents of the
Property, including thane past due. All rents collected by the receiver shall bt applied first to payment of the costa of
management of the Property and collection of rents, including, but not limited to. receivers fees, premiums on receiver
s
bonds and ressonabk attorney's fees. and then to the sums secured by this Mortgage. 'I1~e receiver shall be Liable to account
only for those rents actually received.
21. Plshre Airaoces. Upon request by Borrower, Lender, at lender's option within twenty years from the date of this
Mortgage, may make Future Advances to Borrower. Such Futun; Advances. with interat thereon. shalt be secured by this !
Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time stall the principal
amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the `
security of this Mortgage, exceed the original amount of the-Note plus USt........ -:0,
22. Release. Upon payment of all sums secured by thi: Mortgage, Leader shall release this Mortgage without charge
to Borrower. Borrower shall pay all costs of rcoordation, if any,
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's foes" shall include attorney's foes, i[ any,
which may be awarded by an appellate court.
IN Wt?NF.ss Wat:ttt:oF, Borrowar has executed this Mortgage.
Signed, sealed and delivered
in the Dresenc:e of: '
i
' / ~ ' :..l.~ / Seal ~
rE0R6E ~W. NARBESUN, JR. -earower
/ ;
~c'~~~ i?~ . ~t"L~~-f . (Seal) i
. iN~ L. HARBESO~~k~ -eorrow«
New Jersey
STA?E OF N~, .................county ss:
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared... George .W.. Ndrbeson dqd .
...Merrill..l...klarbasan to rrte known to be the person(s) described inINibp~cecuted the
foregoing instrument and acknowledged before me that they..... executed the the 1~~~~rei"
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tTx~ss my hand and o11icial seal in the count nd state aforesaid this.. R:~jt':L...'4 f
19. $P... 4 _ .
MICHAEL E. TERPtOSK; , 4
My Commission expues: NOTARY PUBLIC of NEW JER ~ ~
My Ccmmission Expires Mar:,l, .
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[sMq Notary Public . ,7,' ~r~t
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