HomeMy WebLinkAbout96-01559
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1, plaintiff is
OCI MORTGAGE CORPORATION
816 CONGRESS, SUITE 2000
AUSTIN, TX 78701
2. The name(s) and last known address(es) of the Defendant(s) are
JAMES B. CONNOLLY
LINDA A. CONNOLLY
2306 BUCKINGHAM AVENUE
MECHANICSBURG, PA 17055
who is/are the mortgagor(s) and real owner(s) of the property
hereinafter described.
3, On 8/30/85 mortgagor(s) made, executed and delivered a
mortgage upon the premises hereinafter described to FIRST
UNITED FEDERAL which mortgage is recor(~d in the Office of
the Recorder of CUMBERLAND county, in Mortgage Book No. 788,
Page 575, By Assignment of Mortgage dated 11/10/92 the
mortgage was assigned to FAIRFIELD AFFILIATES, A General
partnership which Assignment is recorded in Assignment of
Mortgage Book No, 442, Page 964, By Assignment of Mortgage
dated 1/20/95 the mortgage was assigned to PLAINTIFF which
Assignment is recorded in Assignment of Mortgage Book No,
500, Page 683.
4, The premises subject to said mortgage is described as
attached,
5,
The mortgage is in default because monthly payments of
principal and interest upon said mortgage due 10/1/92 and
each month thereafter are due and unpaid, and by the terms
of said mortgage, upon failure of mortgagor to make such
payments after a date specified by written notice sent to
Mortgagor, the entire principal balance and all interest due
thereon are collectible forthwith. A copy of such notice is
attached as Exhibit "A,"
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6. The following amounts are due on the mortgage:
principal Balance
Int.erest
9/1/92 through 1/1/96
(Per Diem $14.70)
Attorney's Fees
cumulative Late Charges
8/30/85 to 1/1/96
Cost of suit and Title Search
Subtotal
$66,168.03
17,889.90
3,308.00
1,758,75
550.00
89,674,68
Escrow
Credit
DeHcit
Subtotal
0.00
2,832,66
2,832.66
TOTAL
en, 507. H
7. This action does not come under Act 6 of 1974 because the
original mortgage amount exceeds $50,000,00,
8, Notice of Homeowner's Emergency Mortgage Assistance
Program, Act 91 of 1983, is not required as the
mortgagor is more than thirty-six months in arrears on
the mcrtgage,
9, Pursuant to the Fair Debt Collection practices Act, 15
U.S,C. S 1692 et seq, (1977), Defendant(s) may dispute
the validity of the debt or any portion thereof, If
Defendant(s) do so in writing within thirty (30) days
of receipt of this pleading, Counsel for Plaintiff will
obtain and provide Defendant(s) with written
verification thereof; otherwise, the debt will be
assumed to be valid, Likewise, if requested within
thirty (30) days of receipt of this pleading, Counsel
for Plaintiff will send Defendant(s) the name and
address of the original creditor if different from
above.
WHEREFORE, PLAINTIFF demands Judgment against the Defendant(s)
in the sum of $92,507.34, together with interest from 1/1/96
at the rate of $14,70 per diem to the date of Judgment, and other
costs and charges collectible under the mortgage and for the
foreclosure and sale of the mortgaged property.
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Isl Frank Federman
FRANK FEDERMAN, ESQUIRE
Attorney for Plaintiff
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FEDERMAN AND PHELAN
Sl;rT1! 900
TWO PP.SN C1!!'O'!R PUL\
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W1U"1lotOHT. f'fIW IUSIY 01101
T!I..BCOPtIt'1l10') UI.t461
nns NOT1C1lS SINT TO YOU rJr( AH "nBMPT
TO caLUler nil ttmllmOHlSS unuaD TO
HUI[H AND AHY 1H10lMAnQHOI'TAiHID nON
you wtLL II USID '01 THAT PVUOSI.
ADMlNtSTUroIl
DONALD .. QOODN.AH
PlLUIl UPL Y TO
nil PHtt..ADIUKlA oma
December 26, 1995
James B. Connolly
2306 Buckingham Ave
Mechanicsburg, PA 17055
Linda A. Connolly
2306 Buckingham Ave
Mechanicsburg, PA 17055
Re: Premises:
Loan No.:
2306 Buckingham Ave, Mechanicsburg, PA 17055
50810119
NOTICE OF INTENTION TO FORECLOSE
We represent OCI Mortgage Corporation, the holder ot the
Mortgage on the above-reterenced premises, who hereby advises that
it will accelerate your Mortgage (demand payment in tull) and
pursue the foreclosure remedies permitted by the mortgage unless
your loan delinquencies are cured as provided below.
THIS FIRM IS A DEBT COLLECTOR ATTEMPTING TO COLLECT A DEBT,
THIS NOTICE IS SENT TO YOU IN AN ATTEMPT TO COLLECT THE
INDEBTEDNESS REFERRED TO HEREIN AND ANY INFORMATION OBTAINED FROM
YOU WILL BE USED FOR THAT PURPOSE.
You may dispute the validity of the debt or any portion
thereot. It you do so in writing within thirty (30) days ot
receipt of this letter, this firm will obtain and provide you with
written verification thereof: otherwise, the debt will be assumed
to be valid. Likewise, you may request the name and address ot the
original creditor it different from above.
The total delinquency, including late and other charges is
$27,888.75 tor the months of 10/1/92 through 12/1/95. Your tailure
to pay the delinquent amount, plus any additional monthly payment
and late and other charges (inCluding any accrued interest) that
may come due within the next thirty (30) days, will result in the
acceleration of all sums due under your Mortgage. After
acceleration occurs, a foreclosure action or any other remedy
permitted by your mortgage may be instituted.
EXHIBIT "A"
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3300001600
xar0230-004-0052
EXHIBIT A
(Legal DescriptiOn)
BEGINNING at a point on the western line of Buckinqh~m Avenue. at the north-
east corner of Lot NuMber BO. as shown on the hereInafter mentioned Plan of Lots;
thence by tne dividing line between Lot No. 101 and Lots BO and 79. North 81
degreeS 51 ~inutes 41 s.conds West. 216.45 feet to a point; thence by the
dividing line between Lots Numbers 101 arod 78. North 1 degree 5 minuteS East.
B2.13 feet to a point; thence North 10 deqreeS 53 minutes 9 seconds East. 36.42
feet to \ point; thence North 43 degreeS 21 minutes 11 seconds East. 63.4g
f.et to a point; thence by the dividing \Ine between Lots Numbers 10\ and 100.
South 62 degrees 1 minute 41 seconds East. 183.81 feet to a point on the western
line of Buckingham Avenue; thence by the western line of Buckinqham Avenue In a
southerly direction by an arc on a curve to the left with a radius of 260 feet.
an arc distance of 90 feet to the point and place of BEGINNING.
BEING Lot ~o, 101 on the Plan of Lots of Center Square Manor, Estenslon
"A". Plan Number 1, which Plan Is recorded in the C~berland County Recorder of
aeeds Office In Plin Book 31. Page 36A,
BEING kr.~wn and numbered as premises 2306 Bucklngha~ Avenue, MechanlcSbur9.
Pennsylvania.