New Jersey Statutes Title 46. Property 46 § 9-1

A mortgage may be made in the following form or to like effect:

“This mortgage, made the ․․․․․․․․․․․․ day of ․․․․․․․․․․․․․․ 19․․․․, between ․․․․․․․․․․․․․․․․․․․․ (here insert name and residence of mortgagor), mortgagor, and ․․․․․․․․․․․․․․․․․․․․ (here insert name and residence of mortgagee), mortgagee.

Witnesseth, that to secure the payment of an indebtedness in the sum of ․․․․․․․․․․․․ dollars, lawful money of the United States, to be paid on the ․․․․․․․․․․․․ day of ․․․․․․․․․․․․, 19․․․․, with interest thereon to be computed from ․․․․․․․․․․․․․․․․ at the rate of ․․․․․․․․․․․․ per cent per annum and to be paid ․․․․․․․․․․․․․․, according to a certain bond or obligation bearing even date herewith, and in consideration of one dollar, the mortgagor ․․․․․․․․․․ hereby mortgages to the mortgagee

(Here describe the property)(Here insert the covenants, if any)

In witness whereof the said mortgagor ․․․․․․․․․․․․․․․․․․․․ has hereunto set ․․․․․․․․․․․․ hand ․․․․ and seal ․․․․ the day and year first above written.

Signed, sealed and delivered in the	)
presence of ․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․	)	”

The above form or words to like effect shall be construed to have the same force and effect as the following:

“This indenture, made the ․․․․․․․․․․․․ day of ․․․․․․․․․․․․․․, in the year of our Lord one thousand nine hundred and ․․․․․․․․․․,

․․․․․․․․․․․․․․․․․․, in the county of ․․․․․․․․․․․․․․․․․․․․ and state of ․․․․․․․․․․․․․․․․․․․․, party of the first part;

And ․․․․․․․․․․․․․․․․․․․․․․, of the ․․․․․․․․․․․․․․․․․․․․․․․ of ․․․․․․․․․․․․․․․․․․․․․, in the county of ․․․․․․․․․․․․․․․․․․ and state of ․․․․․․․․․․․․․․․․․․․․, party of the second part;

Whereas the said ․․․․․․․․․․․․․․․․․․․․․ is justly indebted to the said party of the second part, in the sum of ․․․․․․․․․․․․․․ dollars, lawful money of the United States of America, secured to be paid by his certain bond or obligation, bearing even date with these presents, in the penal sum of ․․․․․․․․․․․․․․ dollars, lawful money as aforesaid, conditioned for the payment of the first mentioned sum of ․․․․․․․․․․․․․․․․ dollars, lawful money as aforesaid, to the said party of the second part, his executors, administrators or assigns, on the ․․․․․․․․․․․․ day of ․․․․․․․․․․․․, which will be in the year one thousand nine hundred and ․․․․․․․․․․․․․․․․․, and interest thereon, to be computed from ․․․․․․․․․․․․․․․․․․ at and after the rate of ․․․․․․․․․․․․ per cent per annum, and to be paid ․․․․․․․․․․․․․․․․․․․;

Now this indenture witnesseth, that the said party of the first part, for the better securing the payment of the said sum of money mentioned in the condition of the said bond or obligation, with interest thereon, according to the true intent and meaning thereof, and also for and in consideration of the sum of one dollar to him in hand paid by the said party of the second part at and before the ensealing and delivery of these presents the receipt whereof is hereby acknowledged, has granted, bargained, sold, aliened, released, conveyed and confirmed, and by these presents doth grant, bargain, sell, alien, release, convey and confirm unto the said party of the second part, and to his heirs (or successors) and assigns forever.

(Description of the property)

Together with all and singular the buildings, improvements, ways, trees, waters, watercourses, rights, liberties, privileges, tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining, and the reversion and reversions, remainder and remainders, rents, issues and profits thereof. And also all the estate, right, title, interest, property, possession, claim and demand whatsoever, as well in law as in equity, of the said party of the first part, of, in and to the same, and every part and parcel thereof.

To have and to hold the above granted and described premises, with the appurtenances, unto the said party of the second part, his heirs and assigns, to his and their own proper use, benefit and behoof forever. Provided, always, and these presents are upon this express condition, that if the said party of the first part, his heirs, executors, administrators, successors or assigns, shall well and truly pay unto the said party of the second part, his executors, administrators, successors or assigns, the said sum of money mentioned in the condition of the said bond or obligation, and the interest thereon, at the time and times and in the manner mentioned in the said condition, according to the true intent and meaning thereof, that then these presents, and the estate hereby granted, shall cease, determine and be void.

In witness whereof, the said party of the first part ha ․․․․ hereunto set ․․․․․․․․․․․․ hand ․․․․ and seal ․․․․ the day and year first above written.

Signed, sealed and delivered in the	)
presence of ․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․․	)	”