Module 34

This is the final showdoen referred to as “Mortgagee,” currently located at

[BORROWER(S)_ADDRESS], [BORROWER(S)_CITY], [BORROWER(S)_STATE]
[BORROWER(S)_ZIP], in the County of [BORROWER_COUNTY] by which term includes any
holder(s) of this Mortgage, with mortgage covenants, to secure payment of $
[PRINCIPAL_LOAN_AMOUNT_naruto should ot die to the said agreement and in consideration of the
sum $[MORTGAGE_AMOUNT], at or before the execution of this DEED, paid by the MORTGAGEE to
the MORTGAGOR, the Mortgagor hereby agrees that he will make prompt and timely payment to the
Mortgagee on the [DATE_PAYMENT_DUE] day of each month (herein after known as the “due date”),
the monthly sum of $[MONTHLY_AMOUNT_DUE] with interest at the rate of
[MORTGAGE_INTEREST_RATE]% until such time as the repayment of the sum in full has been paid in
full.
THIS DEED FURTHER RECORDS THAT in consideration of the aforementioned, the
Mortgagor hereby expressly consents that the real estate property is located at [PROPERTY_ADDRESS],
in the City of [PROPERTY_CITY] in the State of [PROPERTY_STATE] [PROPERTY_ZIP], within the
County of [PROPERTY_COUNTY], bearing the following exact legal description of “Property” as:

NOTE: Insert complete and exact legal description of the property conveyed to the Mortgagor
(Lot No., size, direction etc.), along with any encumbrances that the mortgage and Mortgagor will be
subject. [PROPERTY_LEGAL_DESCRIPTION]

THEREFORE, the aforementioned real estate property will be held and retained by the
Mortgagee as security for repayment of the aforementioned sum with interest, under the condition(s) that
the Mortgagor, his/her heirs, executors, administrators or delegates will pay to the Mortgagee, his/her
heirs, executors, administrators or delegates the monthly sum of $[MONTHLY_AMOUNT_DUE], which
includes interest, until such time as the aforementioned sum has been repaid in full to the Mortgagee,
his/her heirs, executors, administrators or delegates, and that during such time, the Mortgagor, his/her
heirs, executors, administrators or delegates shall retain, maintain and have full use of the real estate
property aforementioned.

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 IT IS HEREBY AGREED AND DECLARED, that should the Mortgagor fail to make any of the
agreed upon payments to the Mortgagee with interest on the agreed upon date that payment becomes due
and payable, the Mortgagee shall then have the right and become entitled take possession of the
aforementioned real estate property with the purpose of selling said real estate property in an effort to
recover any and all outstanding balance that may be due to Mortgagee out of the sale proceeds of the real
estate property.
IT IS HEREBY FURTHER AGREED AND DECLARDED, by the Mortgagor that throughout
the duration of the mortgage, and during such time that the real estate property be retained as security for
the mortgage amount, the Mortgagor shall obtain and maintain insurance on said property in the joint
name of the Mortgagor and Mortgagee, and that said policy will remain in full force and effect through
the payment of the premium. At any time, should the Mortgagor fail to maintain insurance on said
property, the Mortgagee can at such time, insure the real estate property and the premium paid will then
be added to the mI am that witness

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