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prior ~o entry ot a judsment eetorcin~ tAis Monp~e it: (a) 6onowe~ Pays Lendst sll sun+s which would be thso dus uoder ~
~hia Mortpse, the Nae snd naa secu?ins Futurs Advances, if any. Aad no a~cek~ation occurrsd: (b) DorroMVS~ cvra
all brcacha ot any othe~ covenants or sj?cemena ot Sorrowar conuined ie this MoMpse: (e) Homowa~ p~pt all r+easonabk
expenses incurrod ey I.ender in entorcinj the covena~ts and a~eements ot Ho~rowe~ contained in this Mortpje and in
ee[orcin` Lender's remedia as provided in parasraph IR hercot, iecludin~, but not lim+ted to. reasonabk attorney't t~a; and ~
(d) Borrowe~ taka such action as L~er~der may twso~ably require to usuro thst the lien ot this Mort~ye. l.ende~'s intsrest
i~ the Propehy aod Borrowet i obliption to psy the sums securcd by ~Ais Mortpje shall continue unimpaired. Upon wch
payme~t and curc by Borrower. this Monp~e and the obli~stiw~s secured het~eby shsll rcmain io tull torce and effat u if
0o accelention had occurred.
20: A~~e~t ot Reat~ AMoiM~neat ot Racejver. Ac addita~al security herounder, BoROwer hercby auises to
Lcndcr the rcnts ot the Propeny, provided that Bormwc~ shall, prior lo accek~ation unde~ pan~rapA 16 hereot or abandon-
mrnt of the Propeny, have the riaht to collect ar~d rctain such rents u they baome due and payabk.
Upon acceleration under pana~aph IR he?eof or ahandanment af the Property, Lender shall be entitled to have a
receiver appointed by a court to enter upc~n. take possession ot and manage the Prope~ty and to rnlket the ronts of the
Prcperty, including those past due. All rcnts collectcd hy the receiver shall,be applied fint to payment of the costs of
management of the Property and collection of rcnts, including, but oot limi~cd ta, receiver i fees, premiums on receive~'s
hands ~nd reasonabk attorney's fas, and then to the sums xcurcd by this Mongsge. The receive~ shall be liable to account
only for ~hose rents actually received.
21. Futuro Advaec~r. Upon rcquest by Borrower, l.cnder, at 1_ender's optio~ withi~ twenty yean tmm the date of this
Mort6age, may mske Futurc Advances to Barrower. Such Future AdvaRCes, with interest thereon, shall be Kcund by this
Mortgage when evidenced by promissory notes statina that said nata arc secured hereby. At no ~ime sfiall the principal
amount of the indebtedoess secured by this M~rtgage. nat intludina sums advanced in accordance hercwith to protect the
securi~~r ot this Mongage, exceed the o~iginal amount of the Note plus USf -0-
22. Rekase. Upon payment ot all sums securcd by this Mortqae. Lender shall rclease this Mort~aje without char~e
to Borrower. Borrowe~ shall pay all costs ot recordation, if any.
23. Attorney's Fees. As used in this Martgage and in the Nute. "attorney's (cci' shall include attorney's iees. if any.
which may be awarded by an appellate coun. ~
~N WITNESS WHEREOF, Borrowcr has cxrcutcd this Mortgagc. .
Signed. sealcd and delivered
. in thc aresence of -
, ~
~L`+~u..~ ~ ~
~t~3 3 ~1r`~-~- `~~~iYl~ ~ .
~Se~l)
, o an . ormer _a,~,~,,..
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~ 0 ~ • ~l/L1Uit~ (seal)
_ u y . r -ao,ro»..
c_c_'._.oo e2.~-~-~ -c~ ~ 0 9 G-
~ Count ss:
STATE of New Jersey Y Gloucester
I hereby certify that on this day, bcfon mc, an offiar duly authorizcd in the state aforesaid and in the county
aforesaid to takc acknowledgcments, pcrsonally appearcd
Roland T, Wormer and Lucy C. Wormer
I
I . ro me known to bc the pcrson(s) describcd in and who executed the
~ foregoing instrumcnt and acknowledged beforc me that ~ they executed the same for the purpoae therein
expressed.
WiTNess my hand and ofi'icial seal in the county and state aforesaid this 25th day of
- May , ~ s 84
~ My~Commis~ion'e~p~rts: SUSAN . PE~JFIEL ` ~ - ~ ~
~ ~ ~ „ J D
~ J~ ~ s ~ f,. :z; NOTARY PUt3:IC Ot t~1t'~t lERSEY - ~ ' ry Pub1~c .
;~~~r~~~~~ Mp Gwpmission Expires Oc~ 5, 1987
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