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prior to entry of a judgment enforcing thk Mortpge i[: (a) Borrower pays Lender all sums which would be then due under
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 Moctpge; (c) Borrower pays all reasonable
expenses incurred by Lender in enforcing the oovenagta and agreements of Borrowec contained in this Mortpge and in
enforcing Lender's remedies as provided in paragraph 18 hereof, including, but not limited to. reasonable attorneys fees: and
(d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortpge. Lender's interest
in the Property and Borrower's obliption to pay the sums secured by this Mortpge shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obligations secured hereby shall remain in full force and effect u if
no acceleration had occurred.
_ 20. Aadplaerst of Rehr, Appolatrseot of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the. tents of the Property. provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property. have the right to collect and retain such rents at they become due and payable. '
Upon aooelention under 'paragraph 18 hereof or abandonment of the Property, Lender steal! be entitled to have a
receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the
Property. including those past due. All rents collected by the receiver shall be applied first to payment of the costs of
management of the Property sad collection of rents. including, but not limited to, receiver's fees, premiums on receiver
s
bonds and reasonable attorney's fees. and then to the sums secured by this Mortpge. 'Ibe receiver shall be liable to aceount
only for those real: actually received.
21. litatrrre Advances. 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 Future Advances, with interest thereon, shall be secured by this
Mortpp when evidenced by promissory notes stating that said notes arc sxured hereby. At no time shall the principal
amount of the indebtedrress sxured by this Mortgage, not including sums advanced in accordance herewitl? to protect the
security of rtes Mortgage, exceed the original amount of the Note plus USS......
Z2. Release. Upon payment of all sums secured by this Mortgage. Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay aU costs of recordation. if any.
23. Attorney's Fees. As used in this Mortgage and in the Note, "attorney's fees" shall include attorney's fees, if any,
which may be awarded by an appellate court.
iN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the presetrce of:
~ J . G~ •
/ ohn W. Wh i
t~crof t -~orrowe. ~
. ~ J. ..V..:. (Seal)
~ ~B,e`rt~ha F'. Hand ey -a«~
STATE OF F~61(14l~, NFS! .JERSEY. • • •y~:
C ' ~
I fiereby certify that on this day, before me, an officer duly horized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared...John W..Whi-xzeoft.an. uninar-cied maa.and Bertha
F' . Hand 1 py, an .uotnarr.i.ed .tdoowti to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that..... they......executed the same for the purpose therein
~ expressed
WITNESS my hand and official seal in the county and state aforesaid this..........21 st...... ,,~..day~ of
ARt:il ........................19..80... ~ ,
My Commission exprres: ~,!/~u4~~ ~ ~ " _ ...•j.,
tSMri ~ nOt,ry Public - !flay ~~•t~ _
t j
MICH/1EL VETO ' - -~t
~,-r?Y PU61.IC QF IIE1N JERSEY ~ ~ J.
~ l~lir 31, Iti81 r. °!1F.
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0~...,~ (Spite Bsiow This line Ressrwd For Lender and R~torOlh i
~ 1 .._1~! l1JQj
~~::.iii-!J 1930 ~i~t -S PK 12~ 53 _
FiLEO s1t0 fECarutd
53 Pa7RA5
R,E,~CiRCtlfl COU~Ij~ ~
t;t~ltrfrf~._~-~
.48.539.
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