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Complete Home & Office Legal Guide
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Complete Home and Office Legal Guide (Chestnut) (1993).ISO
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810018.ws
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1993-08-23
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81 lines
DELAWARE ____________ MORTGAGE
Whereas, _____________________ [mortgagor], of __________________
City of __________, County of __________, State of ____________,
hereinafter called party of the first part, in and by his or her
certain obligation duly executed, bearing even date herewith,
stands bound unto ___________________________, [mortgagee], of
________________________, City of __________, County of _________
State of ________, in the sum of $__________ ( __________________
______________________________ & ____/100 dollars) payable _____
_______________________________________, from the date thereof,
together with costs and counsel fees, under the terms and
conditions therein expressed.
Now this mortgage witnesseth, that party of the first part for
and in consideration of the aforesaid debt of $ _____________
(_______________________________________________ & ____/100
dollars), and for the better securing the payment of the same,
with interest, as aforesaid and costs and counsel fees, does
hereby grant and convey unto party of the second part, __________
_____________________, situated in the County of __________, State
of ________. Provided, however, that this conveyance is subject to
the following prior liens:
_________________________________________________________________
And it is hereby expressly provided and agreed that if any
action, suit, matter, or proceeding be brought for the
enforcement of this mortgage or the accompanying bond, and if any
plaintiff or lienholder in such action, suit, or proceeding shall
recover judgment in any sum, such plaintiff or lienholder shall
also recover as reasonable counsel fees ____% of the amount
decreed for principal and interest, which counsel fees shall be
entered, allowed, and paid as a part of the decree or judgment in
the action, suit, or proceeding.
Provided, always, nevertheless, that if any party of the first
part, the heirs, executors, administrators, or assigns of such
party shall and do well truly pay, or cause to be paid, unto
party of the second part, the executors, administrators, or
assigns of such party the aforesaid debt of $_____________
(______________________________________________ & ____/100
dollars) on the day and time hereinbefore mentioned and appointed
for the payment thereof with interest, then and henceforth, as
well this present indenture, and the estate hereby granted, as
the said recited obligation, shall cease, determine, and become
void and of no effect, anything hereinbefore contained to the
contrary thereof in anywise notwithstanding.
In witness whereof, party of the first part has hereunto set his
or her hand and seal this ___________ day of __________, 19_____.
____________________________________________
Witnesses as to _____________________________:
____________________________________________
____________________________________________
STATE OF ____________________
COUNTY OF ___________________
___________________ personally appeared before me and acknowledged
the execution of this instrument.
Dated: ________________________
________________________________________
My Commission Expires: