HomeMy WebLinkAbout96-05436
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4. Said note and said real estate mortgage have not been
assigned.
5. RICHARD D. SHERMAN and MARY ANN SHERMAN are the sole
record owners in fee simple of said premises subject to said
mortgage, by virtue of a Deed dated and recorded on December
24, 1992, and recorded in the Cumberland County Recorder's
Office in Deed Book "B", Vol. 36, Page 185, more specifically
set forth in Exhibit "CO, attached hereto and made a part
hereof by reference.
6. Said note and said real estate mortgage are in default
because Defendants herein have failed to pay the payments that
were due and owing for the months of June 1996, July 1996,
August 1996 and September 1996,monthly payments in the amount
of Six Hundred Fifty-eight Dollars and 79/100, ($658.791 per
month.
7. The Plaintiff has given to the Defendants written
notice of intention to foreclose on said mortgage as required
by law under Act 6, dated August 27, 1996, a copy of which is
marked Exhibits "0" and "E", and attached hereto and made a
part hereof by reference.
8. The Plaintiff has given written notice of default as
required by the Homeowner's Emergency Assistance Act of 1983,
dated August 27, 1996, a copy of which is marked Exhibits "F"
and "G", and attached hereto and made a part hereof by
reference,
9. By reason of the aforesaid default, the entire
principal balance of Seventy Thousand Two Hundred One and
70/100 Dollars, ($70,201.70) with interest thereon at the rate
of 8.84\ percent per annum, and attorney's fees in the amount
of Three Thousand Three Hundred Forty Three and 64/100
($3,344.641 are now due and payable.
10. The Defendants are liable to the Plaintiff for the
following on said mortgage loan;
A. Principal amount and interest
due though 10/2/96 $ 66,574.48
B. Late Charges: $ 298.50
C. Attorney's Collection fee: $ 3,343.64
roT~; $ 70, 201.70
WHEREFORE, Plaintiff prays the Court to enter judgment in
favor of Plaintiff and to order the foreclosure and sale of the
mortgaged property and for the amount of Seventy Thousand Two
Hundred One and and 70/100 ($70,201.70) together with interest
thereon, costs and all other amounts advanc
iam an, Esquire
torney for Plaintiff
1 Irvine Row
Carlisle, PA 17013
(717) 249-7780
RECORDATION REQUESTED BY:
FlnlIIIrI Trull Company
,000oWe'l High Sl'eel
Carllale. PA 17013
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WHEN RECORDED MAIL TO:
Farmere Trull Company
One Well High Slree'
Certlale, PA 17013
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SEND TAX NOTICES TO:
Rlchard D. Shennan end Ihry Ann Shennen
40 Beech SI,ee'
Certlale, PA 17013
SPACE AIlOVE nas UHE IS FOR RECORDER'S USE ONLY
MORTGAGE
THIS MORTGAGE IS DATeD DECEMBER 24, 1992. between Richard D. Shennan and Mary Ann Shennan,
owner(slln fee simple, whose address Is 40 Beech Street, Carlisle, PA 17013 (referred \0 below aa "Grantor");
and Farmers Trust Company, whose address Ie One Weat High Street, Carllale, PA 17013 (referred \0 below as
"Lender").
GRANT Of MORTGAGE. For velUellle conIIderallon. Granlor granl.. bargain.. ...... convey.. uatgn.. Iran_.. .......... conllnn. end
mortgageato ~ II 01 Grantor's nght. 1IlIa. .nd intereslln .nd to lhe t_ng descnbed ,oat prcperty. togelher with II U1Sbng or subseQuentty
erectacl or aIlIxecl buildings. improvemenIs and fixtures; II s_. 11_. 1Ieys. passages. end weys; II -. r1g/lts 01 wey. II 1tbet1IeS,
pnlllllges, _ants. her__. and appurtenancas lheraunlo belClng1ng or .11'fW1SI made app_nl _ft.. and the .-ns .nd
rema,ndIrS with rasped lhereto; II we.... w.... nghts. w.l8rcoursas .nd dlldl nghts ('ncludlng stock III _ with do1cll or imgebon nghts~ .nd all
other ngtlls. ,eye_. and proftls relItIIlg 10 the roaI properly. Includtng wllhOut bmotabon .1 ITllnerals. 001. gas. geothermef .nd S11T11lar maftan, located
In Cumberland County, Commonwealth of Pennaytvanla (the "Real Property"):
see exhibit A township: SaJth MiMletcn
The Real Property or ita addrell Ie commonly known II 40 Beech Street, Cllllale, PA 17013.
Gr.nlor -'" usogns 10 Lenc* II 01 Grantor" nght, lilia, .nd _I in .nd to .1 __ 01 the Property .nd II Rants trom the Praperly. In
.ddlllon, Gr.nlor grants 10 L_ . UIlIlorm c:omn-CIII Coda sacunly Interesl,n lhe PInonaI Praperly and Rants.
DEFINITlOIlS, The _.IQ wordS SI1aI ha.. the tOlOwlng ..../lI11QS when usac2 In this Mortgage. T...... ncc_ _ III Il1iS Mortgage sll&ll
III.. the ......11QS aftnbu1ed to 'uc/llarmllll the Undorm CommerCIII Coae. .... ..e..ce. to dOIlIt amounts sIlIl....n ItIlOUtlIs III IIwtuI money Of
the Unolecl Slalel 01 A"*'CI,
Grantor, The word "Grantor" ....ns RIcIIanI D, Sllennan _ Ihry Ann Sllennan. The Gr.ntor IS the mortgagor undet' this Mortgage,
Guarantor. The word "Guarantor" ...... and onct..- without hmotabon. _~ .nd .1 01 lhe guarenlen, ......... .nd __bon part... In
connoctlcl<> ...11I the Incleblacl--.
Improv_a. The word "I~"'" ....ns and onct..- without hmtllbon II PlStIIlg end IuIIn omprCMmll.1I. btures, buikllngs.
A'ucllns, _ _ .Iftqd on the Real Property. _. addlbons and _ conslrUCbon on !he Real Property.
t__... The worll "I,4ob__o....ns II pnnc:lIlIIa"" ,_ P.yallle ...-the _ .ncI.ny amounts __ or _need by
Lenc* 10 dIScharge obIogalionl 01 Grantor or __ 'ncurreIl by l.8nder 10 enIon:e obIogalIonI 01 Grantor undet' Ihrs Mortgage, togethar wolh
_ on sudlarnounll U ~ III Ihrs Mor1gage
~, The word 'tender"...... Far~ Trw CompanY. 'IS successors and 1SSIgM. The L_ IS the mor1\lI9II under this Mortgage
Mor1o-ge, The word"llor1Qegeo ......Ihrs Mor1gage _ Gr.ntor .nd l_, .nd onct.- "'"""" _ II .. g......... and sacunly
_I.,.."..,.,.,. relItIIlg 10 the _ Ptoperly.nd Rants
_ The word "Nolao "*"" the protMIOr'/ noIa or ttmllgI'_~ dalacl ~ 24, '912, In the original p."~ IIIIOUnt of
$65.000.00 ""'" Gr.ntor to L_, together ""'" II '_all 01. ............ of, .-a1OrlS 01. ..........,.. o:i..40 '"ilallonl 01. .nd
.u/)S0Ml0ns tar the r<omouorv noIa or ...._ IlOna TO GRANTOR: TllE IIO~ COIIITAIIlS A VARlA&.E \lIii1E;Jt~' RAft.
...._ "'-rty, The wordS .,..,.",., ~ ....n 01 10""'-". blur... ...., _ __ 0I__1l'-'Ir _ or __ 0._
by Gr..'a, .nd now or ..........__ or ._10 !he _ Ptaperly. '...... _.. ~ .-.1)IIlI, _.-on..... at _-..'" 01,
ond .. .__ tar. .ny 01 such plaperly; ancIlogeIMf ""'" III llT_ (~"'"""" __ 11_ ...............,._ c!
.,...,..,..,.1 tom any .... a _ ...,....". 01 ,... p,~
"'_tt The word "!'oooert'i....... ,~!he _ "'........ ond
_ " lljIIJ'Iy TIIe~'" "'eaI Poooert'i ...."
~~.. TlIe__laclc
o;t- g-.- ....,.tv 19-". """
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EXlilBIT
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tuft 'c~ '-"*\)fIlft I~ ,.~ ~ ~., .~ me
fNS MOflTCIoCt .."o.wuro THt: Io$SfCJlUfIIf Of Ilflln.lIO lt~ SfCtA,n 'liIftRlST ,. f"- MIIlS.uro Pf~loll'lllOl"(lln "
G,.rll TO Uet..t Pl rlotMflilT Of THt' ,lIlf\fllft\)tO(!\.1oO ':1 ",'UOA..Io..Ct Ot" AU. 0lll.lCIoT1OII' C# GJlIo"TOA \MClFfl _S
UORTC.aC.r ...0 "Hf "'fiATrn roctiM,,,T\ n~lt; UfmrG.l;..f '~(;I"r" U.O AC:CfPTtO Otf THf In.J.OWilt(j '[RU'
MORTGAGE
(Continued)
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PAYMENT'AND PERFORMANCE. Excepl as olh8fWlse proVIded in thIS Mortgage. Grantor shall pay to Lender allemounts secured by this Mortgage
as they become due. and Ihlll stncnV per1Ol'm all 0' Granlor's obbgalions under thiS Mortgage.
POSSESSION AND MAINTENANCE OF THE PROPERTY, Granlor egraeslhat Grentor's possesSion and use of lhe Property shall be gOV8<ned by the
fOllowing proVISions:
Po...aaIon end Use, Unt~ In delaull. Grantor may remain In possesSIon and control 01 and operate and manage the PIOPerty and collec1 the
Renls ~om tha Properly,
Duly 10 Malnlatn. Glantor shall maintain the Property .n tenantable condition and promptly pertorm all repairs. replacemanls. and maintenance
necessary to pr~ lis value,
Hazardoua Subalancea, The t",ms "hazardOus waste," "hazardous substance," "disposal," "release," and 'hrealened release," as used In thIS
Mortgage. shall havelhe seme meanings as sel forth In tha Comprehel1SlV8 EnVIronmental Response. Compensation. and Uabllily Ac1 of 19S0. as
amended. a2 U,S,C, Section 9601. al seq. ("CERClA"). the Superlund Amendments and Reaulhonzatlon Ac1 of 1986. Pub, L, No, 99-499
("SARA"). the Hazardous Matenals TransportatIon Acl. 49 U.S,C, Section 1801. eI seq,. the Resource COl1S8Mlhon and Recovery Acl. 49 U.S,C,
Section 6901. eI seq,. or other appliCable stale or Federal laws. rules, 01 regulations adopted pursuant 10 any of the foregOIng. The terms
"hazardous waste" and "hazardous substance" shan also .nclude. WIthout lI'"'tatlon. petroleum and petroleum by-products or any fractlon thereol
and asbeslos, Grantor represents and warranls to Lender that: (a) During the period of Granlor's ownership ollhe Property. lhere has been no
use. generation. manulacture, storage. treatment, disposal. r~ or ttveaterred _ 01 any hazardOUS wasta or substance by any person on,
under. 01 about the Property; (b) Grantor has no knowledga of. 01 reason 10 _ thai there has been. excepl as prevoously dJscIosad to and
acl<nowledged by Lender In wnbng. (i) any use. gensration. manulacture. storage. trealment. dISposal. release, 01 ttvealened r~ of any
hazardous wasle or substance by any pnor owners or occupanls of lhe Ploperty or (~) any actual or ttveatened litigation or claims of any kind by
any person relating 10 such mailers: and (c) Except as preVIOusly dJscIosad to and acknowledged by Lender In wntlng. (i) nedher Granlor nOl any
tenanl. contractor. agent or olher euthooZ80 US4lt" of the Property shall use, generate, manulacture, store, Ireat. d/sposa of, 01 _se any
hazardOus waste 01 substance on. under, or about the Property and I') any such eCb\llty shan be conductad In compliance wtlh aN applicable
federal. stat.. and local laws. regulations and ordInances, inCluding wrthout hmdabon those laws. regulations. and ordmances d8sCrtbed abc",.
Grantor authOf1Zl8S Lender and Its agents 10 ent", upon lhe Property 10 maka such .nspections and tests as Lender may deem appropnate 10
determine comptoance of the Property w.th thIS secbon at the Mortgage. Any Inspectoons or tests made by Lender shall be lor Lender's purposes
ody and sfIaI not be construed 10 erNte any respons.billly or bab,bly on ttoe part Of Lender to Granlor or to any other person. The representations
and warranties conlalned her..n are based on Granlor's due diligence In .nvesbgabng lhe Property lor hazardous wasle, Granlor hereby (al
IWA8Ues and waives any future ctaims against Lender tor indemnity or contnbubon In the event Granlor becomes liable for deanup Of other costs
under any Such laws, and (b) a~ to Indemnity and hOld harmless Lander against any and aU claJms,Iosses,liabihbes. damages, penalties. and
__ whICh Lender may directly or ,"dueclly suste'" 01 suffer resulting from a breach Of tm seclJon of the Mortgage or as a consequence of
any use. gerwation. manutacture, storage, cbsposal, r_se or ltveale...o r~ occumng prror to Grantor's ownershlp 01 'n_t In lhe
Property. whelher or not the same was 01 should have been known 10 Grantor. The proV/Slons Of this seclJon of the Mortgage, includlng lhe
obbgation to Indemndy. shaU SUMVll the paymenl Of the Indebledness and the sabs_n Ind reconveYlnce of the ban Of this Mortgage and Shall
not be a_ by Lender's acqUISItion 01 any '"te<est In the Prcparty, _her by foreclosure 01__.
HulNnCe. W_, Grantor shal not cause, conduct or permIt any nUlSllnce nor commll, permtI. or sullal any Strrpplng ot or waste on or to the
Property or any porllon of the Property. WIthout bm,hng lhe generlllly at Ihe lOragOlng, Grantor woI not remove, or grant to any other party lhe
nght to remove. any tI_. ..."",1Is (lncIudtng "" and gas I. SDol, gravel or rock products _the prror wnllan consent 01 Lerrder.
~vll oItmprov_ta. Grantor shaP not demOlISh or remove any Improvements ~om Ihe Raat Property wtIhout Ihe prror wnlIen consent Of
Lerrder, As I Condition to the removal Of any Improvements, lender may reqUlfe Grantor 10 rnaae ...angements sabslactory to Lender 10 replace
such Improvements WIth Improvements of llleasl equa' value.
LencIet'a RIghI 10 Enler, Lender and Its agents and represenlatoves may entar upon the Reel Property at al reasonable times 10 attend to
Lerrder'S ,ntarests and to Inspect the Property lor purposes 01 Granlor's compliance woth lhelerms Ind Conditions of thIS Mortgage.
COmplW>ca wtlIt Govemmenlat Requlremenls. Grantor Shal promptty comply woth al laws, ordtnances, and regulahons. now 01 _ffer .n
aIIect, Of II ~nmenlal authontoas applicable 10 lhe usa or OCCUllancy Of Ihe Property Grantor may contest U1 good l8lth any such law,
OIdlnance, 01 regulation and wotIlhold compliance dunog any procHdlog, lI'lCludong appropnate _Is, SO long as Grantor has _ Lander In
wnlIng pnor to doing SO and so long as, ,n lenders s"'" OP,"lon. Lender's onterests U1 Ihe Property are not __. Larrder may reqUII8
Granlor to posladequa18 secuntv or I 'Ulety bond, reasonably sahSlactory 10 Lerrder. to protect Lander's_1.
Duty 10 Prolact, Grantor agrees netlher 10 allandon nor leave unallended lhe Property Grantor shal dO al other acts, ,n addition 10 lIIOS8 acts
sallor1II BOeve in tIvs saaon, whICh from the character and use of Ihe Property are ...."naDly necassary to protacl Ind ~ the Property.
DUI! ON SAU! - CONSENT BY LEIIDER, lender may, al .ts ophon, d8c'lara .m_leIy due and payable In rums S8CUled by IIlIs Mortgaga upon lhe
sale or trans". _ the Lender's pnor wntten consent Of an or any pan of the Raat Property, or a"y ,_t 'n the Raat Property ""sa18 or
translel" ...ns the conwylnce Of Real "'OP8Itr or any "\Int. 1>lIe or ,....1 thereon; wl'o8lner I8gel or equllable; _ voluntary or onvoIunIaIy;
.._lly "'*'II'" -. deed. 1nSlaI"*".... contract, land conhact. c""tract tor _, _ _I _ a Ierm gra'" lflan _ (3) yaan,
...__ contract. or by..... awgnment, 01 trlnslar of Iny ~ "'....., .n or 10 an, land hAI -..g IllI8 10 Ihe Reel Property, 01 by Iny
ollW """"'" Of comreyence Of Reel Property _I, "an, Grantor ~ a CDr\>O<lhon or ~n.p, trans. also ~ any Cflange '" _ of
more then '-"1'-'" ~ iZS'llo I Of Ihe _ng 'lOCIl or pa"nen"'l> .n........ as the cesa may tle. 01 Grantor _, thos OPtion shaM nol tle
uerosad by L.enc:* " suetl ..erose tS cronct>Wd by tederaJ 1.1* or b,. Pe-nl"S,.....I"hI l.Iw
TAXES AND LlfNS, ,.,.. """'_ p<D'MlOm _hog 10 11\8 ..... an~ ~ en lfla ~ ... . lW' 01 tIvs ~
~t. a.antor Shal pay w"'" """ ia"" .n as _IS pnor to 'l8IH'Ouanc-r! a. __ pe"OIlbaS, _ lbaS, "_, wi'" tna.ge.
and _ ......,. cha'\l8'S ....., _t or on attOU"t of ..... "'..,."., a"".haI pa. .._ """ II """" lor '""" ""'" on or lor ......1Cft
,.._ed or ma_ ""....hed 10.... "'ooart> a.a"'''' .ha' .....n\80n.... "'ooer;v ... Of If...... he_ pnor1Iy.". or _ to Ihe........ '"
lender ~ tIvs "ortgage. .~ lor the """ oIlbaS and a.....me"" n<lI Clue, and e>tWCll as oI!'.. -'" 1"_ ., Ihe ~ ~1lI'8l>~
RI;N To Conte... (ifantOl may _ Ph"""" of an, ..... .....~, or c_ '" c_ ...... a good _ dIIO.....,...... oIlIoga_ to
pa. _ $C IOn9 U lendet , tf'l"-pslln t!'Itt t't\'~ l\ not JeOt'.&f~ if a l4"" .".. Of ~ '-d " . tftul 01 ~~, Gi:a!"ttf lNI ~ .-....
P5) 0Ilr\''* lhIJIty.l &.~ IY. It 114M I' ~ """',, ,~., \ 1~\ ~""Y'\ 1"- C"IM:Ir ".. ~ of I"-Iftng. sec". "- dtlCt\aI~ cI the -.n, a'
~~ tv l~"', ~~;j ~ l""" C&1,'-I Ot . t~..rn ftYC\.V-a;a. !u>fl'Y. t'..en.1 ~ ~ yC1,j~ s.aJI::t!Ict('I'W' ta l~ ;1'\ ,,, ."'~ t~~t
toO ctl:\C~oe "" ..., ,,~h.l\ If1IV eM" .."1:1 ,"('If"''''' '"' 01 -~ {~~ 1~1 {.CUd ac't~.... U . tift,"" ct I tork1OIv:. CI .... \.;tU,.'" ~..., l~
.,... ('Ct',"t, C'1If."'10I' ~~1t .,..~ ..,., .1'''' l.''.t.-.. ol,"oj '''-Ii !.6"'~ a"'\' a"'~.w r.~~ ~... .,..t;:w'(''''''''''' ~....",I the ,...~'f\ (....,"" \!'..aa
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r..tdfonc. of "l'Ymttnt '-.,.......... ""_ail ..i'~'" 'i:''':I''J '<,,'~" '.;0 \ "".~ ....~'..t..~-'(.."f .v<,_~-.:-. i~~ L",'~~h"! Of ~ '--.I.'4~ i"'" ",..,."":-,,.-.:..., .fld ..~.'~
.ul"ly.;,J f"'e at"-~~"J'i" \;(~~"'-""./'!"!'~' I ','':'I"'\f".> ';;- ,"".'p' .~. ~~~ t..... I -"',"...,.....~1!'-.."'.., i," i.... lJ.ltt:"\ <i~~' ~';~~~-..,t\ .~,;~~ll..-fI
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MORTGAGE
(ConUnued)
Page 3
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Notice 01 Con.lructlon, Granlor shill nollly lender alleesl fifteen (15) d.ys before any worI< IS commenced. any S8MC8S arelurnoshed. or any
matenats ar. supplied to the Property, I' any mechanIC's lien, malenalmen's hen, 01 other 118n could be asser1ed en account 01 the wor1<. S8MC8S,
Of mat&nlls and lhe cosl exceeds $5.000.00. Gr.nlO( will upon request of Lendet 'urnrsh 10 Lender advance assurances sallstaciory to Lender
Ihll Gr.nlor can .nd will pay IhI cOIl of such improvemenls,
PROPERTY OAMAGE INSURANCE, The 101l0Wlng provISions relalll1\llo insunng IhI Property are a p.1l ollhlS Mortgage,
Malnlenance ollnlllrance, Granlor shill procure and malnllin pOlIc18s ot fira insurance Wllh standard extended coverage andorsemenls on .
"placemenl baSIS lor lhe lull Insurable value covenng .lllmprovemenls on lhe Real Proper1y In an .mounl sulftclenllo aVOId applicsllon of any
COInsurance cI.Iuse. .nd Wllh . standard mortgagee cI.Iuse In I.vor 01 landor, POlIc18s shill be wnnen by such insurance comp.rues .nd In such
lorm as may be reasonably acceptable 10 Landor, Gr.nlor shill deliver 10 Landor cer1lflcales ot cowr.ga ~om each Insuror containing .
sllpulallon Ihll coverage Will nol be cancelled or dim.nlshed Wllhoul a minimum ot len I to) days' pnor wnnen nollce 10 lender and not contaln.ng
.ny d.sctalmor ot lhe Insurer's liabillly lor failure 10 give such nollCe, Should lhe Real Proper1y 01 any lime become localed In an area deslgnalad
by the OIlec1or 01 lhe Federal Emergency Managemenl Agency as a sp8CIII ftoocl hazard area. Granlor agrees 10 oblarn and marntain Federal
Aood Insurance. 10 lhe extenl such Insurance IS reqUired and IS or becomes available. for lhe Ierm oIlhe loon and for lhe lull unpaid pnl1Clpal
b.lance of Ihlloon. or Ihe maximum IImll of coverage Ihll is available. whichever is less,
Application 01 Proceeda, Gr.nlor shall prompUy nollly landor 01 any IOsl or dama\ltl 10 lhe Property " lhe esllmaled cosl 01 ~ir or
replacemenl oxceedS $500.00, lands< may make proof Of loss "Gr.nlor fails 10 do so Wllhln fillean (t5) days oIlhe casually, Whelher or nol
landor's S1Cunly IS Impa"ad. Lendor mey. 01 i1s elecllon. apply lhe proceeds 10 lhe reduction oIlhe Indebledness. paymenl 01 any lien .ftecllng
lhe Proper1y. or lhe r..lorallon .nd rspalr ollhe Proper1y, If Lender e1ec1s 10 apply lhe proceeds 10 reslorallon and repair. Granlor shll repe" or
repllce lhe damaged or desiroyed Improvamenls In a manner sa"'factory 10 Lender, Lendor shin. upon sa"'factory proof of such expendrture.
payor rllmb""" Granlor 110m lhe proceeds for lhe reasonable cosl ot rep.. or reslorallon If Gr.ntor IS not In detaun hereunder, Any proceeds
which hive not been dISbursed wllhln ISO days .fter lhetr recelpl .nd whICh lander his nol comlTllned 10 lhe reparr or reslorallon oIlhe Property
shall be used firsl to pay .ny .mounl OWIng 10 Lender under IhIS Mortgage, lhen to prep.y accrU8(llnleresl. and the remainder. If.ny. shill be
applied 10 lhe pn!1ClP.1 balanca oIlhe Indebledness. If Lender holds any proceeds .fter paymenlln lull oIlhe Indebledness. such I"oceeds shill
be plld 10 Gr.nlor,
Unelplred lnaurancl II StIt, Any unexpnd insurance shlll.nurl 10 lhe benefil of. .nd pass to. lhe purchlse< 01 the Property covered by IhIS
MorlgIge 'I'ny IrusIee'S sale or other sale held unds< lhe p<o"",,ons ot IhIS MorlQI\ltI, or al.ny Iorec:iosurl sale of such Proper1y.
EXPENDITmES BY lENOER, If Gr.ntor lads 10 comply Wllh any pro"",,on of IhIS MorlQIge. or II any don or p<OC88d1ng IS commenced Ihll would
malenaly .flacl Lender's Inleresls .n the Property, Lends< on Gr.nlor's behllf may. but shall not be raqurrad 10. Iakl any action lhallender deems
applopnata. Any Imoum thll Lender upends .n so doong WI. bear .nleresl allhe rlta charged under the Note from the data 1",-"UIJllCl or paid by
landor 10 lhe dala 01 replymenl by Grantor. All such upansas, allander's opbon, WI. I') be payable on demand. lb) be .dded to the balance oIlha
Nota .nd be apporlloned .mong .nd be payaale wrth any .nSlallment payments to become due dunng lither (i) the tarm 01 .ny applicsble Insurance
polICy or (i) lhe ramar"'ng tarm 01 lhe Nota, or IC) be heated IS I ballOOn payment which wdI be dut .nd payable at the Nota'. ma1ll1ly. ThIs
MorlQIgealSO wdI S1C",a p.ymont 01 U- amounts. The nghls prOVIded tor ,n ttus paragraph sIIaI be In .ddition to .ny other nghts or any ra_
10 whIcI1lands< may be ,"lrIIed on accoum oIlhe dIlaull. My such .cllon by Linder shll not be conslru8d as cunng the dIlaull so as to bar Lnnder
from .ny ramady thel . ot/larWlSI would ha.... had.
WARRANTY; DEFENSE OF TITlE. The toIIowolQ I"OVlSlOns relabng 10 ow...hIp of the Property Ira a pall 01 ttus MorlgaQt.
TIlle, Gr.nlor warr.nts thet: (a) Gramor hOI<lS good Ind ma"...ata bile 01 raco<d to the Property In fetlltft\lll. fret .nd ctoar 01 II Ilan$ Ind
ancumDr.nces other lhan IhOse ... forth on the Real Property ~bon or In any bile Insurance polICy. title report. or .".. title oponIOft ISSued In
Iavcr 01. and ICCIllIed by. lender on connecbOn W1lII ttus MorlQI\ltI, .nd (b) Gr.ntor hiS lhe IuI ngM, powar, and.uthonly 10 uacuta.nd dalrver
!/lIS MorlQI\ltI to lender.
Delan.. 01 T1lIe, Sub/lclIO the _bon on lhe paragraph .bo..... Gr.nlor warr.nls and WlIIora\l8f dIIand the bile 10 the Property agaonst fhe
Iawfyl clarms 01 II persons. In lhe I_t any action Ot prOC88d1ng II commancecllhel q_bons Gr.nlor, bile or the Intarasl oIlandar unds< thIS
MorlQI\ltI, Gr.nlor shall defend the action .1 Gr.ntor's axperlll. Grantor may be lhe nolTllnal party .n such I"oceedrng. bullandar shill be
_ to p.r1lclpata In lhe I"oceedong and 10 be rapresenled ,n lhe plOCMdlng by counsal 01 ~. own chOoce. .nd Gr.ntor ... _, or
cause 10 al _, 10 lender suc/I rnsb'uments IS Lander may rlQuasl ~om limo to limo 10 permd suc/l pat1Ic1pa_.
~ WIllI~.. Gr amOt warrantS lhal lhe Property Ind Gr Intor' usa 01 lhe Property compllea W1lII II IIlIbl1\l ~ laws.
~ .nd raguIIlloM 01 govarnmenlal.-
CONlll!MlIIATlON. The follOWing provruons railllng 10 conaemnal1On 01 the Property ara. pall ot ttus Mort;age.
~ of Net "'~ rt II Of any parI 01 I'" Property .. COndemned by a..nent dOmIIn proceedInga or by any p<OC88Clng or purer....
on lieu ot conoemna_. L_ mey .1 ItS ..bon reqUlrI Ihll al or 'ny portIOn 01 the neI I"oceeds 01 the award be ~ 10 the Indallledness
or the __, Ot ,_a_ ot the Poooertv Thor neI proceeds 01 the aw.rd Shall .....n the .wW .1Iar paY"*'! 0111 actual COIlS. _, Ind
.ftOr""Y" _ ,",,1iTOd by Lander In connec1IOn _ .... cO'1demnebon
PI__.. If any ",~IQ on c:ondImnalOn II ~Ie<l, Gr._ ,haS""""""" rQfy Lenoar on -..g. and Grantor shallll'O"1>lly lakl .UC~
... IS may be '-sarr 10 dIIand the actron.nd oetam the awart!. Gr.""" moy be the _ party WI SUCh poo.._oQ. bullender shaI be
_ '0 ~1r1lclpa" on the I"oceedong and 10 be _led on ",. Il'oceedoI1\l by cou<1MI 01 ItS own cllolce. and Grantor ... _ or ca.... 10
be _ad 10 L..... S,",n "'10"- IS mey be -.qUSSlN by II 10m..... '" .....10 Wmol .uch I*1laPaIon
IUl'O$lTI()lIl OF TAlIn. FRS oUlO CHARGES liT GOVIJINM[JIUL AUnlOfllTlU, Thor -~'"O _ '1II11ng 10 _,0,.411_. ....
."" e""gtIO "I . perl 01 "'" ""-'-
CIlnIftl TUII, F... _ 0Iar... \JIX>n ,_ by l.._. Gra_ ..... 1llICUlI...... .,.,.,...- .. __ 10 ....1.Ior1\lIIIlI and Iak.
w.....".. .- action " '1<1""-" by l_ .~ W'roc1 and C""Mutl_' .... on .... ""'" Pooparly Granlor.....,-..,. l_ "" ..
...... n o1MOibed t"",.. "-"'" _ II __ 1"<'Ut!Id '" 'aco<drng. ~ or ~ ....I.Ior1\lIIIlI, ~ _ _Ill.n>.'
..... _. -..~ ...,...,.. ."" """" c,..,v" lor 'fIiCor""'G or _*"'0 "'" I.Ior1\lIIIlI
Tu... n.. t~ ,,,", ",,,,111\0. ~ '0 ..."'<:!l "'" .....on _ ,.,. __ tal uI)on .... '-" Mor1gaQl or UIlC" II or "" ~ cI
~ "~....,~ ....\JfN t., 1~ "''''IC'~ .b\. ~ lU 01' (;..~.. *~ a..nb"'~ (I' ~e<I to ~ ttom paymentS ~ ~
\~."""'1t.<<ur~t't-!~ f\t"4 (,'1 M~...~~ ,(\.\at \~PV\P\f!lf Cl~...l'..; -'1 ~""l~:JI__~ c1the~I!"i.1
,~1 .. ~..:.f\(' tA_ "'~ at .""\f l''''t't N~C"" {'4 thlf "'-I~tll!fId....., lY 0.''1 ......~ d ~~ .~ ~ "..,. tv ("...Not
Svb~t T... . t"" "I t,: .~ ~ ~!'I ".':"0'" &4"~'",," .'\ ..~.~ "1~~l\~ \.\1 ~ \11. nI"'*' ..~ ~ ~ ,..... "....... ~ \a~
flflirl!ll-t U ... r.,..., ~'f c.~J~," .n ~~'...J ~-v,-,-.., A''',:'! \"""'t"" .-..." ~t.....:...,. .-"Ii ("f I' of '" ....iIat:tIIl~ tr..:!f .... r......'t cf (......utt It P'"e..~j
t'....~ ,,'....,~ ,I'.'........ ....;....... . ~'...,..... 'H ~.."..,".t t..:~'.....,~....::;......... ,'At\ r:;',....~'" ~ tu.t C"'e...~t1f'l'~ .t'(',.. ,'... !Utl"i "",' l.-'l
~flIt .'" "..,.~ "lI(" "",,'1" t... ,f",':.J>' "It," ," ;). "",' +,'! ,- ,-. :l"'.if' t.c..".... ~:'.. , ,"" ........ <t4l(;:-.... ~I"'f.ln;'lf" I;:! t......;:..
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MORTGAGE
(ConUnued)
SECURITY AGREEMENT; FINANCING STATEMENTS, The lallOWIng proVIsions relallng 10 Ihls Mor1gage as a secunly agreemenl are a pari ollhis
Morlgage,
Security Agreemenl, This Inslrumenl shall conshlule . secunly .greemenllo lhe eld.nl .ny ollhe Properly consMules fildures or olher personal
properly. and llInde< shall have all o. lhe nghls o. . secured p.rty under lhe Uniform Commerclll Code as .mended from lime 10 lime,
security Inlaraal. Upon reQuesl by Lender. Granlor shall axecule financing slalements and I.ka whalever olher aclion Is flqueslad by Lende< 10
por18Cl .nd continue Lander'S securily Inlllost in lhe Rents and Personal Property, In .ddltion 10 recording Ihls Mor1gaga In lhe real property
records. llInder may. al any time .nd Wllhoul lurttMlr aulhonzabon from Granlor. file axeculed counlerparts. cop... or reproductiOns ollh.s
Mortgage as a financing slalement. Grantor shaR reimburse Lende< lor al axpenses incurred In perfecbng or conbnuing IhIs secunly inlerasl,
Upon detaull. Granlor shall assemble lhe Personal Property In a manner and ala place reasonably conven..nllO Granlor and Lende< and maka .1
avalleble 10 llInder wilhln Ihree (3) dayS an.. r_pl 01 wnnan demand from llInde<,
Addra_a. The mailing addrasses of Gr.nlor (deblor) and Lender (secured party). from which informabon concerrnng lhe secunly inlerasl
granted by IhIs Mor1gaga may be obtained (each as reQUlfed by the Umtorm Comrnen:W Code). are as slated on lhe lIBl paga of IhIs Mor1gage,
FURTHER ASSURANCES; ATTORNEY _IN-F ACT, The loIIOWIng proVIsiOns ralabng 10 turltMlr assur.nces .nd anorney-in-I.ct are a pari ot Ihls
Mortgage,
Further AUUrancaa. At any bme. and from lime 10 bme. upon raquast of Lande<. Grantor WIll maIle. axecute and deliver. or wtIl cause 10 be
made. executed or delivered. to Lender or 10 Lender'S deSIgnee. and when raquasled by Lande<. cause to be ftIed. recorded. rallied. or
rerecorded. IS the ease may be. .1 SUCh limes and in Such ottiCes and plaC8S as Lender may deem appropnale. any .nd an such mortgagas.
deedS of trust. secur1lY deeds. secunly agreemenls. finanCIng slalements. continuation slalements. Instruments of rurthar assurance. certifteatas,
and ottMlr documents as mey. In lhe sola opinion of Lender. be naC8SSIIY or deslf8b1e In order 10 a1l8ctUIle. compIale. por18Cl' conbnue. or
prasaMI (a) lhe obllg.bons of Gr.ntor under the Nola. this Mortgage, and lhe Relaled Documents. and (b) the liens .nd scurilY Inlarasls
created by this Mortgage IS lIBl and pnor liens on lhe Property. wheltMlr now owned or tMlr..1Iar acquired by Grantor, UnleSS prohiblted by law
or agreed to the contralY by Lende< In wnbng. Granlor shaR rllmbUIW Lender .or .. costs and axpenses Incurred In connecUon WIlh the maners
retarred to In this paragraph,
AIlomay-ln-Facl, II Grantor failS 10 do any of lhe Ihlngs reiarrad to .n the pracading paragraph. Lander may do so tor and in \!Ia name 01
Grantor and at Grantor's pPenSlI, For SUCh purposes. Grantor herebY Irrevocably appoonts Lender IS Grantor's anornay...n-Iact lor the purpose
of mailing. executing. daIivB<1ng. filing. recording, and doong al ottMlr Ihlngs as may be naC8SSIIY or deslf8b1e. In Lander's sola opinion. to
accorrrPtiSII the maften ref8lT8d 10 in \!Ia preceding paragraph,
FU.L PERFORMANCE. If Granlor payS .. \!Ia Indebtedness when clUe. and ""*..... performs .. the oblrQItionS impOSed upon Grantor under this
Mortgage, Lander shal execute and deliver 10 Granlor a SUllable sallSlacbon of this Mortgage and sudaDla Sla_ts of tarmonation of any ftnanong
slatarnanl on ilia r;idanClng llInder's sacunly .nlareslln the Rents and \!Ia ~ Property. Grantor w1lI pay. · pamvlled by appIIcabIa law, any
reasonable _nation 1M as de_ned by Lander Iron1 bma to bme.
OEF AlL T, EacIl 0I1ha ._ng. al the option of Lander, s/IIlI co",blute an ...... of dalaull !""vent of 0el1Iull"l under this Mortgage:
Defaull on tllllebleClM'" Fill.... of Grantor 10 maIla any payment when clUe on \!Ia Indab!ed'*I,
Default on ()tIlar P.,......... FIlIUf8 of Grantor WIlIlln the bme raquorad by IhIS Mortgage to mall. any paY"*" tor - or inS......., or any
_ paY"*" _ry to prawnt lIIing 01 or to al*l dIsCharge of any__
<:.ompIIenC8 0aIault. F...... to comply WIllI any _ _rn. obloglIllon. CO\IWn&n1 or condlbOn .-.na<l on this MortgagI. \!Ia Nola or on any of the
Rela1ed oocurnants-
Ilrtl_ 4ny warnnly. ~tion or sla_ made or """"had 10 Lender by or on bahan 01 Grantor under this Mortgage. the Nola or the
Related Documents IS. or aI \!Ia bma made or ""_ was. - .n any matanal ,aspaet
In.to!.ency, The.nso/Vef1CY of Grantor. appoontment of a r..- tor any part of Grantor's ~, any aSSlQllmenl tor \!Ia ben8M of credrlors.
the com....amenl 01 any p<oceadIng under any benl<ruptcy or rnsoIv8nt't lad by or agamst Grantor. or the dI$SCIUtron or tarrnlnabon of
Grantor's ~ as a goong ll\ISInasI II Grantor 111 a _I. Excepllo \!Ia -'" pro/llllded ~y --' law or PenI\I"""'" law. the death 01
Grantor (d Grantor IS an rnclIVId\lIl) alSO shaI cOll$lltuta an E'IIftl of Oel1IuII under 1M MorI;aQI.
F...-.... For1eIIUre. ate, Comn-.....- of toractollUf8 or _ po......... -- by JUdIclal po~ sail-help. .811..'-~n or
any _ meIllod. bY any credrlor of Grantor or bY a", ;cl'I'nrnanteI aQeBtY agIIl1Ilany 01 \!Ia Pr~. -, - $UbSIdIOfl shaI not apply
on the ...... of a good fallII ~uta bY Grantor &I to \!Ia 1/IlIdtIY or r~ 01 \!Ia cIarm wI1IClIlS ll1a - oIll1a llnCIOStn or lOrefaolur'
pr~ prOVIded \!Iat o.amor gIWS ~ -.. _ 01 sucfl cIarm and ""_ _ or a """ bOnd tor the cIarm sallSfactorv to
\.eI1deI.
~ ol ()tIlar ""'4""" art Any tJreICII bY o.antor under \lOa _... 01 any _ to'-" - (lreroIOr and ~ that II not""-
""""" any gr-.. '*'"" prOVIded __ onclu<Iong _ h__ any ....... """ __ any .~ or - ollIiQIIton 01 Gramor to
~, ......"., _Inll .- or lalli,
E\raftlll AllKIIAO (luIrWIlar, Any oIl1oa ~ _ 0ttUI'l-,.pact 10 any Guarantor 01 any of ll1a h4obW- or tucll GIlaran10r
dIM or baC.,.'- ,,~>...-lt_
RIGtlTS AND flE)IEllU ON OEFAlLT, Upon the ~ 01 any E,_ oIlla11u11 and" any - -.after, Lender, at lIS ~ may......
a", .,.,. or """. 01 \!Ia IoIIOwU'Q rq.tS and .... a _ on a4dItron to any _ ...... ,-. ~- 111- bYlIW'
Aa__ h I "Id ..... SuIll8Clto ~ ...., L_ ..... ..... \!Ia "'" at lIS CIIIl400ft ~ - to 0.""'" 10 ...... \!Ia --
_-,,_ _... Clue and pa.-
vec _.Jlla. _ ,-' to" or any par\ II _ PrII'lOoW~. l..... .......... aI_.... and ,,,,,,.It. oIa......,s I*'Y """"
"...-'" C~ CoclOt.
~I ~ L8ndar.......... the <V". __ _10 G<antor. 10" pI 11 - 01 \he ~ and tclMd _ -- ............ a_
~.. _ and ~...., IIIVt the noli P'~- _ and _ .._l e-......,..s ll1a t. ~..... '" ~ 01 this ",""Lander
...., ,~..... any _'" or _...... ofN Pr~ lO...... pa___ot....... -.... dllW'ltlOLendar nll1a.........~b,L_,
_ ","".!l>J ~" daIIO""lIK .._ .. ...t.',,,, ...._---' to"-'" ~ ...... on ~ -.at on 1M - d
G,.~"" ."" to ""9'l"'''''''' .......""..-.... ,,_ "'-"'~, -- .. - ~ '" \....... r_~"'" '" .._l_"""""
....... .... (\ClOojJlI-' "::!II .""". "'" Ph"""''' ... - ..- {W "Ol .... ~ eo...... "'" .... -""...- \_...., -""" '"
,~ ;"~~ M ,~a<a;'.t'!f'\ ~ 1-'\ ~.fll"'&' tn: ~ -i:\lI fN-~f\......
_I ......_ l.~~ ,_~, "0'."" '.,'"'' _~'... .......... ....,.".....", ''''I'",,_M'''''''''' ~~.,.... ",~....,....... -.... rc-"
".,."..' "., C'''''''' ,... "',"'...... '.' ,.......n ._", .".." ,'......,..., '."""~\"""'" ,A,j "'"-'''''' ~-" .r~.... """"'" o'-! -" ,,,.
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MORTGAGE
(ConUnued)
pege 5
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proce8dS, avo< and above lhe cosl of lhe receIVership, against lhe Indebladness, The rllC8iv8r may SBMI wllhoul bond II pe<mllIed bV law,
Lender's nghl to lhe appOinlmenl o' a rec",v.. .han elUSt whelhor Of nol lhe Ipp.ranl v.lue 01 the Properly pcled. the Indebledness bV ·
sub.llnti.. .mount. Emplovment bV Lend.. .ha" nol dlSqualitv . person from S8tV1ng as a ",ce",.,.
Judicial Forecloaure, Lender may oblaln . JudlClll doerl8 forodOsing Gr.nIOf'. .nl.....lln all Of .nv part oIlhe Proportv,
Posaeaalon ollhe Property, FOf the purpose of procurtng possession 01 the Properly, Gr.ntOf hIfobV aulhoozes and empowors anv a"ornev 01
anV court 01 recOfd In the Commonweanh 01 PennSylv.n.. Of elsewher., OS a"Ofnev lor Lander and .U porsons clalm.ng under Of ttvough Lander.
10 SIgn .n .grl8menl IOf enlartng In anv compelenl court .n .mlClllII act,on .n ./lelmenl fOf possession of the Properly .nd to appear 'Of .nd
conless Judgm.nl agaln.1 Gr.nlOf, and .geln.t .U porson, claiming undor Of Ihrough Gr.nlor, lor lhe recovery bV Lander 01 p_on oIlhe
Proportv, Wllhoul .nv sllV 01 oxecution, lor whICh this Mortgag., Of a copy 0I1h1s Mortgag. vonl\ad bV .lIIdaVlI, shan be . sulllcianl wlITant; .nd
thereupon a wrtt o. possesSIon may be Issu.d forthWllh. Wlthoul anv pnOf wnt Of proceeding wha_,
Nonjudicial Sall. II pe"nlllad bV applicllbla law, L.nder may loroctose Gr.nIOf" 'nl_t In II Of In anV part oIlhe POISonal Properly Of lhe Real
Properly bV nonjudicial sa\a,
Dellcloney Judgment. Lander may oOlIln a Judgmenl IOf .ny dBllctency r.m'''n&ng In lhe Indebledness due 10 Lander .ftor appllcabon 01 all
amounts IIC8lV8d from the 8XIlCISI oIlhe nghts prOVIded In IhIs socbon,
Tlnancy at SUll8tancl, II Gr.nIOf remains .n possession 01 the Properly aftor the Properly Is sold as pr'ovided above Of Lander olherwlse
becomes .nbllod 10 pos.....on o' lhe Proportv upon d.'.ull 01 GranlOf, Gr.ntOf shaI become a tenant .1 sun.anca 01 Landor Of lhe purchaser 01
lhe Proparf'( .nd .hall, aIL.nd..'s option, ailh.. (.) pav a raasonabll renlal lOt lhe USI 01 tho Properly, Of (b) vocate lhe Properly Immodi.lllly
upon lhe demand 01 Lender,
Olher R.medll.. Land.. .h.U have all olher nghts .nd remed... prOVIded In this Mortgage Of lhe Noll Of avadabll at law Of in aqurtv.
Sal. ollha Property. To lhe mini pe<rrntted by .ppllClllII law, Gr.nIOf hIfoby w_.nv and .. nghl to have the properly marshal\ad. In
oxaroslng Its nghts and romadllS. Lander .haIf be frl8 to salt .n Of .nv part oIlhe Propertf logether Of separalely. in one sa\a Of by separate
salas, La... shaI be enbl\ad 10 bid .Ianv publlc..1I on all Of anv portJon oIlhe Property.
Notlc8 01 Sale, Lander.halI QMl GranlOf rllSonabll noflCl 01 the bme .nd plac8 01 any pubbc sa\a 01 the Personal Properly Of 01 the time .ftor
whrch anv prtvate sa\a Of other Intended dispOSItiOn of 'he Personal Properly Is to ba mede, UnlesS otl\afWlSl required by apptlcabll law,
....onable noflCI shall maen noflCI gr;en .I....t t.n (10) dBY' oelOf.1he bme of lhe sa\a Of disposrbon.
Waiver, EleClton 0: _.. A woivw by .ny party 01 . breach ola pt'OVISIon 0I1h1s Mortgage shaI not c"",,blute . WflJVl( 01 Of lnIudrce tho
party's nghts __ 10 demand sbicl compllanca Wllh lhal prOVISIon Of .nv other provlSIOI1, EIoclIon by Landor 10 pU<$Ul anv remedy shag not
oxeludl pUl1U1l 01 .nv _ remedy, .nd .n elBCtion 10 make expenditures Of tal<. lctIon 10 perform .n obIiga~ 01 GrentOf under this Mortgage
aftor tarlure of GrantOf 10 ~m ,hall not .fIeet L....'s nghl to dodar. . delaull .nd OXIll:lSl ots rwmodies under this Mortgage,
Attomeya' FI"'; Expen.... lllaf,der Insbtules .ny ,ull Of lctIon to .nforce .ny oIlhe I..ms of Ihis Mortgage, LondIr shaI be InlI1Iod 10 recOVlf
such .um as the court may .d,UOga reasoneblo as .nOfneY" ,-, ., tnel .nd on .ny appeal. Whet"'" Of not .nv court IctIon Is 1nvoIvId, .i
_10 _ Incurred by Landor thaI In La"""" opln&on .11 nBC8SSIIY .t any bme for tho protecton ollis -' or tho onIorc8ment Of
ots nghts .halI become . part 01 tho Indebledness p.y.ble on d8mand .nd shall baor ,......., from tho dole Of oxpendrtur8 until r~ al tho Notl
rote. Expenses ~ by lhis parograph .ncludI, wllhout hm'lahon, howI_ subjocl to 'nv irnots under appIocable low. lMldar's atlorneys' '-
and Lander's I8gaJ oxpen58S whelhor Of not thore IS' Iowsull, ,ncludlng InOfneys' _ for benlu\lIllCy ..~lngs (1nCI\ldIng ofIortS to modIly Of
\IOCIte.nv automatic .lIy Of .n/unction), _Is .nd .ny .nllC1paled pesl-Judgment eolllctron _. the cost oI_ng recordS. oOteln&ng
btte reports (Including lOtodosure reports), .urveyors' ;oportS, .nd appt1l1Sl1 _, .nd bill onsur.nee, 10 tho .lllenl .,...",1led by appbcaDl8 taw.
GrantOf alSO ... pay .nv court costs, In .dCblron 10 all other .ums prOVIded by low.
NOTlCES TO GRANTOR ANO OTHEJl PARTlES, Unless OlhorWlSI prOVIded by applocabll taw..ny IlOla under lhis M~ lnaI be on -"9.nd
.han be _ when actually dllrvered Of, II mollad. 'hall be daemed ellacliv. w""" depOSlled on tho Uroted Slates ..... IIrst cIISS. regs- mai,
postage prIPIJd, dnCIod 10 the 1_ .hown near the oeg,nnr"9 oIlh1S Mortgage. Any party mov change ots .~ for - under I!IIs
Mortgage by gMng tormaJ wnften IlOla 10 lhe ot"'" partes, .pec'fyrng lhal !Ill purpose of 'hi nobcI " 10 ClIInge !Ill party's.-. AI ~ Of
no",*, 01 lOtoclosur. from 'hi holder of .ny ltan whICh ~s pnonly 0""' thIS Mortgage shall ba sent '0 LondIr'I ._1, U shown - tho blgtnn&ng
Of this Mortgage. FOf nobc8 purposes, Gt.ntor Igraes 10 ,_ LInder ,nlormed II.. b..... of Gr.nlor'l cunent .~.
MlSC~ I alft:OUS PROVtSIONS, The lofloWIng mlSCelI.neoUS pro_ons .11 . part Of "" Mortgaga:
_t.. ThIs Mor1gaQI, togalhlt WI'" .ny ReI.ted Documents, constltutes tho __ unaomanOnQ .nd 1IIl'-1\"~ of \Ill parfioI U 10 !Ill
menOlS set Iorth 'n IhIS Mortgaga. No _'1IOn ot or .mendment to 1M Mortgage lnaI be -.. ..... gNen on wnSrng and srgnod by ""
party Of p..- soughllo De cholg8d or bound by I"" .'....bon or .ITlIf'dment.
"PP""-..., TNt Uor1Q1l11 _ baen ClIllYlfed 10 l8nd8r _ ~ Irt LandIr In III Com/II4 .-.... of "-'WlY-- TNs
Uor1Q1l11 _ be goy-Irt _ ~ In l<CordanC. w"" "" .... of III c...._,_..._ of ,_..,Iv__
CIIIIIon HI....P. CapIlOn hoIdrngs In Ihis Mortgaga are for co..-u _ Pdt .nd ... not 10 ba UNCI 10 -..... or dol... Ih8
Ill"""""' 01 "'" iIortgagI.
~. Thoro shaI be f10 _ of lh8....ftl or .....'" C1'Nted by ""' Mortgage _.,.., _ _ Of IIJaIa on Ih8 ~.t any 'me
h8Id by or for tho _ of ~ '"'nv cacacrly, """out tho -'" c"",*" oIlMldar.
IoIuItlpI8...... AI obIigabonI 01 Gt._ under .... I.Iortgaga _ ba JOl"I and --. ...., at ........... to Grontor sheI ....,. ~ .""
....., Gr.ntor ThIs....no me' _h 01 tho PI"""' "lI"'ng _ " ~ "" II olJlIg8_ .. \llII Uo1Qlg8
Se...~. K. court of e"""""'" )II1Iddon InCS ."y ",,,,,,",,, 01 "'" Uor'V8Q8 to be __ or "'......- u to .... _ or
<"<u......nce, sueh IlndIng _ noI_ thai Ill_ ,"..lid or "'..""'-=- u to.,.., _ _ or ___. K --. .,.., sucft
_ng "'''''''''''' SIIII ba _ to De_to ba """,",!Ill i_ 01....... t " or _. _. ''''' _1CIt'O.,,_..nnot b8
so """"lied. ,j ,naI be .b1cl<"" and II _ pto.ollOnt 01 "'" u~ .. II (IIheI _IS sheI_ .. an<l....._
Succl.-. _........ S\rIljocl to "" __ tilled '" "'" """~ en .._ 01 Gr_, __ "'" -.0",- ba bOndrng .-.
."<2 ,"",e.. "" _ '" "" _ "- ......, I>IfSOI\Il ,__,_. s_..1II ~ ~ _ at "" ""-'Y ---
rl1' 0en01"l ~""* t?\al" Gl.ntor.l~_ ~ I"IOIce to <;-aMJI. me, QMt "'*" Qra~, liJ03UGI'I.... f......~ to """~ ~-
l~..ar"l'll hit .a" ;,)f flJrt'Nl'nc:e Of ..~~ ~ !....~ Glanta ~ ~ ~ '" 1t'IIt ~tgaOI :I ..... undIJ ,.
1~t-.dl"M'
TM\e I' of "'- f&Nf'C' ~......" ;.~, ""- ~~"'f\;'. If"! ~ ~"".~~",,:1('" c'A ttw\ "'t~
w..,..-. 8ftd (Oft""'_ ,."iW'+ ""i!il ",'I r'.,....-......J 'J ,,-."'. *.,,~j .''', 1~t\ u~ ~ \tn!~ \".- ~ ~ n...." rorw~l ~..
't..;.;:'" .....;ft' ( ... ."!"J ,,"1 "'1".1 t~ \ ".....-..-,""'. "-,, ."'e<....\., ,;_..._~ ~'-' ",.. I~ ".11 ,., ~ .~'.iP .., 'tplT"'~ .~., .~hI '!t~ ,-.('>ft,." I ..~ ~,
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MORTGAGE
(Continued)
Plge 6
such nOht et any olho< right. A walvw by any party of a provtslon ollhls Molfgage shaU not cOlI$tiIuta a waiver of et prajudoca lhe patt(s righl
. othetWlsa to damand str1Ct compliance Wilh thai prOlllSlon et any olho< prOVISIon, No pnet wa_ by Lander, net any COUlH 01 -ng betwMn
Lander and Granlet. shall consblute a waIver 01 any 01 Lender's nghls et any 01 Granlet's obligabons as 10 any future transactions, Whenever
consent by lender .. raqUirad In this Mortgage. lhe oranbng oIluch consent by lender In any 11I$1e_ shall nol cOlI$blute conbnUlng consent to
lubSeqUllnllnslences where such consent Is raqulrad,
EXHl8tT A. An IXhIbII. Il1led '1:xhIb11 A.." allaChed 10 this Morlgage and by this rlfwence .. mada a pari oIlhIs Mortgage JUII as K d the provtslons,
lerms and condiDons of the Exhlbb had been fully sal forlh In this Morlgage,
~i:~..:-:.;~~--~'n
lIIe .....a 01:
x
WllnHe
CERTIFICATE OF RESIDENCE
1--, car1lIy,lllal"'" prw:lH acllftU 01"'" ".o.~ F_ Trul Compallf......... as~
One WnI HIgII snet, c.tIaIe. Polo 111113 ~
AIIClfMJ <<..... farlilclrt....
~ E. l11idD, eeq.
INDIVIDUAL ACKNOWLEDGMENT
STATE OF
Psmsyl\Wlia
Qllb!rlanr:l
I
,-
I
NoWy PubIc. per10fldy IjlpInd AIClWd D. SIIIfMM ... Mary Ann ___ to me _ to be "'"
rr- ""'1oIor1gege. and ecIlnowl.j~ Illal """ 1IQI*l"'" ~ as.... he and VIIIUrlIrt eel and-.
If.__
ccunY OF
On IhIs day belen .... "'"
_dllailledln and
Iorllll...and~
ClIYen ...e;:~ ...
By / I. ,
...,
..., 01 D=s,b.r
.1' 92
RII'''-,_
..,~ fl' , lapIIW
lA.","",O.-... u...... a' Y. Off. ". 11.ttJ'MCf"I............... IN. ..r.",...... .,..-CIIIJSHE.......OLN"U,OVlI
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sa:;lI~;,. J. C.JIC:' trd~
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PROMISSORY NOTE
Principal Loan Date Maturity Loan No
565 000.00 2 12-24-2017
References In lhe shaded area are for lender's use onl
Borrower: Richard 0, Sherman
M..., Ann She,man
40 Beech Sl,eel
ClIrtllla, PA 17013
Account
Lender: F....e'. Tru.1 Company
MIIIn Omce
One W'., High Sl,eel
ClIrtllle. PA 17013
Principal Amount: 565,000.00 Date 01 Note: December 24, 1992
PROMISE TO PAY, I proml.. 10 pay 10 FlItITIe,. Tru.1 Company ("lender"I, Ot Otder, In Iftlul money 011". Unlled SlIle. 01 Amerl~ the
princiPII _nl of Sb1y Five TlIouund .. 00/100 oou.. (115.000.00), logelller wllh Inlerell on l/Ie unJ)lld prIneIp" llIIWIee !rom Decembe'
24,1112, unlU J)IId In lUll, Thalnlerell ,.'a will nollnc:ruae _ve 10.ooo~.
PAYMENT, Sublec:llo any paym.nl change. 'elUlllng Irom change. In Ihe 1_,1 will pay Ihl.1oan In 1ICc:00danee wllh Ihal_lng paymenl
lChedule:
31 eon_uUv. monlhly princiPII and Inle,e.1 paymenll 01 SnOM ead1, beginning January 24, 1193, wllh Inl.....
uleUllled on tile unpeld princiPII bllance. al an Inlerell ,ala 017,750~ pet annum: and 264 eon_uUva monlhly principal
end Inllfell paymenl. In the initial amounl 01 *"51,14 ead1, beglnnlng January 24, ,_, wllh Inlarell eaIeu..,ed on l/Ie
unJ)lld prlnelPII _aa at Inlnllfe" ,ate 013.500 percentage poInle over IIle Indel dallUlbecl below, My IInaI paymenl
will be due on Dec:ember 24, 2017 Ind will be lor all prlnelpaI end aeauecllnlera" nol yel palcI. together wllh any olhet
unJ)lld amounla under Ihl. Nola,
Inlerest on IhIs Nola is computed on a 3OIJ6O SImple ,nlllf8St blSlS: IIIaI is, wilh Ilia excepbon 01 odd days ,n tile lnl paymenl period. monlhly ,nleresl
IS c:alc:uIaled by applYing lhe r.ba oIlhe .nnual into<esl '.18 0_ a year 01360 days, times lhe outstanding pnnapal balance. times a monlh 0130 days.
Interest lor lhe odd days is c:alc:uIaled on lhe blSlS 01 the aetual days 10 lhe next fu!I monlh .nd a ~y year, I wtI pay Lender .1 Lender's .ddress
shown above or .1 such other place u Lander may -.gnale ,n wnbng. UnlesS otherwise .greed or reQUKed by appllc:able law, payments will ba
applied lnllo a=ued unpa,d lnlo<est, lhen 10 pnnClpal. and .ny remaining .mounllo .ny unpaod colleebon costs .nd tale e~,
YARIAIllE INTEREST RATE. The ,nterest r.te on IhIs Nole IS subj8Ct 10 change !rom bme 10 bme based on changes ,n.n index whoclt IS the Monlhly
....ge 01 _tv ."""'ge .uction r.1es on Urllled Stales Treasury BiUs WI1h . matunty ot SIX monthS, (Ihe 'ndex1, Yo.. 'nteresl rale wiI not incrlIase
or dactease ~ . change ,n the 'ndex IS less than one-quarter percentage peont on .ny change dale. lander willeI me lhe eunenllndex rale upon my
request I undentand lhallancler may mal<. lOans based on olher ,.Ies as _, The 'nteresl '.18 Change wiI not occur men oIIen lhan MCh year.
TIle Indel C:Umlfltly 'a 3.350.. per annum, TIle Inlares! ,.'e Ot ,"ea 10 be applied 10 l/Ie unJ)lld prlndpaI baIanc:e of IIlIa Nole wtlI be l/Ie rata
Ot ,aIea eel Ior1h _a In ilia "P-Vmenl' _uon, Notwltllatandlng eny _ provlalon of t11la Nola. Ihe V__ Inlarall rata Ot rat..
pro_ lor In IIlIa Nola will be IUlljec:llo l/Ie following rnaxlmum ,.'a, NOTlCE: Under no arcumstances wiI tile onterest rale on !his Nola be
mora than the _ 01 to.OOll% par .nnum or the rT\8llJmum r.te allowed by IIlpltcable law. NotwllhStandlng lhe abo-... proVlSlOl'lS, the rT\8llJmum
oncnase or dactease 'n the .nlaresl r.1e .t .ny one time on II'lrs loan WllI not _ 2.000 percentage peonts. Unleaa waived by .-, eny
Iner_ In tile In...... ,ale w111lnereaae Ihe amounts of my payment..
PREPAYMEXT, 1 _ that II lOan _ and Olller prepaid ftnance Charges." _ f\.JIIy u 01 the dete 01 the Io&n.nd wiI not be subJllClIo 'efund
upon Mrty payment (wh8lher VOluntary 01 U . 'esUII 01 del.ull), _I U otherwise requorad by taw. Except !or the IorlIgotng, I may pay WI1hout
penally II or . por1Ion 01 the amount owed _ then rt IS due. Early payments wiI not, unless agrMd 10 by Lender ,n wnbng, ,_ me 01 my
ollllgatiOn 10 continue 10 maka payments under the payment SCnedule. Reiher, they wiI rectuce lhe pnnC1pa1 balance due and may result., my makong
_ payments,
LATE CHARGE. II. payment IS n day.Ot mora "'a.1 W1II ba charged 5._" ')f l/Ie 'aguI8rly __ pay_I.
DUAl&. T, I wiI be In dataull ~ .ny 01 the folloWIng happens: (.) 1 t.~ 10 maka .ny pavment wilen due. (b) I brak .ny prolT\tSl I have made 10
Lender, or I .... 10 perform promplly .1 ilia time .nd slnclly ,n 'he man_ prCl1llded "' I,.. Note or .ny agr_ related to !his Note, 01 In .ny oltler
agrHmanl or IOiIn I have w1Illlander. leI Any r_mation or slatemenl made or""_ to lander by.... or on my _is _ or _ding on
any matenal --,. (~II dIlt or become 1f1$oIIIent, . 'lICIt_ IS IIlpoonled !or .ny part 01 my progerTy, I maka .n ISSlgnmenl tor the ben8/ll 01
credrIcn. 01 any ",0CHd0"ll1S commenced _ by me or _nsl .... unoar.ny bano.rupley or ,nsotvency taws (a) Any c:redllor..... to taka.ny 01
my prtlIler1y on or In whell l_ haS . _ or SIC\Illy ,nlIIfest. ThIS illCludeS . garnosllment 01 .ny 01 my accounts - Lander. (I) Any 01 tile
avents deSenbed "' IIlos dalaull section 0CC\n WIlh respacllo .ny gua..ntor 01 !his No"
LEMODI'S RIGHTS, Upon default. tander may -"111 enhre u",,"" pnnc;1pa\ balance on !his Note.nd .. accrued unpaod """'est """""'lei,
Que. """""" _, .nd llIen I .... pa, 'hal .mount lander may h.a or pay someone _ to heO _ II10s Nola ~ I do not pay I also ... pa,
Lander thel ._. Thos ,"etudeS. Sub!8C110 ..y kmots under appioc.ble .... Lander.S .Ilor....... _ .nd L_'s IagaI _ _ 01 not
thera IS . ..wsUll. W1dWIng aftOlnays' _ .nd IagaI __..... for ba"",uck:V pt~ ''''l:llIdIng _ to """"'" or .-cate any ._1lC sta, 00
"',uncllonl, ~ .nd any .""""'.Ied ;>asHudg"- COlIect1on sarvcft II root pr__ by ICQlocabI8 "., I also ... pa, .ny COI.W1 costs. ,"
.lIdltion 10 .. _ ...... 1"0_ by... II lu<IQ1I1enI .. en"'8<I ,n e~ won _ Nola, _ ... ccnltn\.e to llCCl"\iI on !his Nola a"'"
jUdgment .1 tile _I 'ata IIlOJo:Ible 10 ..... Note .t the k_ ~ II _ed TNa _ ,... _ _...... 10 ~ _ _'." by
~ In tile c-__.allh of _....... 1'-'11. __, I .... _ .-'. --'10 _10......-_ of.... eourta 01
c-.... c..unty, ... C_IW_ of Petwulyhr_ TN. Nola _ be p_ '" _....._ 1ft .........lC8 _ ... _. of tile
ClM1wftonIll.... Of Pwwt..,I'feNa.
RIGHT OF Sl"Ttln' 'gr.~t '" l_. eoMt_ _or, _untv .-M1"'.."" _. tsSq". can>ft, _. ~ .n<I....... to Len""
II my "0"'. ne and ........., "'."" to, my llCCOU"lS ""'" L_ \._ C......onv. S8-. "'....... _ acrounI~ ~ _ .""tat..,...
acrovnts .- ~ _ "'__..... _ ."" at ace_ , ..... ~ '" ,,,. Mur.. uctuc)ng _ .. 1fVo" ll.eOgI\ ...., Wust o.x...- '.IIl""""
l_. to "- _ per...._ ~, ~ iii.. '" cflarVe 01 ..."" .. ''''''' "-"II en ..... _ ---' ..... ...., .. ""'" acx...-
CCLl.AT!1UL. ""',..,.. is 5<<\nd e. . "''''~ do.... 0.._:4 '9!lJ. to "_ on ,.., ...- ......., '" c..__"" C.,.......
tV1ft~~ d ~"''''''Na. I' the ~ 't "'X-t'f~01l*, aNt ..~. part (!I ~ IltIote
EXHIBIT
I /,
-L--____
EXHIBIT A
LoIn No .. ';,.~.~~. ,,':'._.'
.,~ ~:":~':_:;''''.iV~;:.Z:'':-:' _0_ ~-[f~~-- .-: .,_
ond do not_mil Itle
01 INs clclcumenllo 0
Borrower: RIcMnl D. SIlImwI
...,., Ann IIlermIn
~ llMcllllr...
CarUoIe,'A 11D1:t
Lender. F_ TIIIII Codftlll'Y
...... 0IIIee
One WNl MgII....
~,'A 11D1:t
1bII DNllII A II IIlIIclIed 10 "'1Ir .... .,...all midi , pill 0I1ICll1lled 01 TIIIII.IIoI1""" dIlId Dlctmller 24, 1tt2, ... -*I
In __llon wI1II . 10M . ... lInIndII ~ 1Mt...... F_ TIUIiI ~ ... AIc:lIInI D. lIIlImlM ... IIIIry Ann
1/IInMn.
ALL that certain tract of land situate in South Middleton
Township, CUmberland County, Pennsylvania, and appearing as Lot
No. 1 on the Final Subdivision Plan for Rillo' s of Carlisle as
recorded in CUmberland County Plan Book , Page , and
being more particularly bounded and described in accordance with
said subdivision as follows:
BEGINNING at an iron pin along the right-of-way for Beech Street!
thence along the said Beech Street South 50 degrees 45 minutes 00
seconds East 126.00 feet to an iron pin! thence along the
remainder portion of the aforementioned subdivision South 39
degrees 15 minutes 00 seconds West 160.00 feet to an iron pin!
thence continuing along the remainder portion of the
aforementioned subdivision North 50 degrees 45 minutes 00 seconds
West 126.00 feet to an iron pin! thence continuing along the
remainder portion of the aforementioned subdivision North 39
degrees 15 minutes 00 seconds East 160.00 feet to an iron pin, the
Place of BEGINNING.
HAVING thereon erected a dwelling known and numbered as 40 Beech
Street, Carlisle, Pennsylvania.
BEING a portion of the same premises which Nicholas A. Rillo and
Joseph A. Rillo, Jr., by deed dated March 30, 1990 and recorded in
CUmberland County Deed Book -M-, Volume 34, Page 1150, granted and
conveyed unto Rillo's of Carlisle, Grantor herein.
"'......-.. .... \. ~
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THIll DMSlT ". Dl!aIl'IDOI! (- - lit. -.
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. ,-' '~~M C<'Unty.l\o~
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Helen Shearer oeased resldlng ln the residenoe known and numbered
ee 40 Beaoh Street, Carlhle, Penneylvania on or about ........, " 'ff'
thereby extinguhhing the Ufe eetate granted to her under the
term. of the Will of Roy W. Shearer.
.. COtAMOHWEAmI Of PCHllmVAtIA::
: :::~r O'~!\~_~g
:: ~.CZI'. e 6511 00 ;~
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AIID the ..i4 ,ruton henllr covellant elld e,r.. th.lt tlley
wlll warrant epeeielly tbe propertf hereby collveyed.
., 36 na 186
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IN WITNESS WHEREOF, .aid gnnton hav.. hereunto .et their
h.nd. .nd .ea1. the day .nd year ebove writtvn,
County of Cuaberland
On thh, the ~&I"" day of b~c4...."r . un, before
.., the under.igned officer, per.on.lly appeared Nichola. A, Rillo
and Jo.eph A. Rillo, Jr., _nown to .. lor .atiefactorily proven)
to be the penon. who.e n.... are .ub.cribed to the within
inetru.ent, and acknowledged that they e.ecuted tb. '~he
purpo.e. therein contained. . ....
1. wtTWISS WHEREOF, 1 hereunto .et .y hand eftd.~uLt~,~ t.
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SIGHED, SBALED AND DELIYBRBD
IN 'l'BB ~CB or,,",,,
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C~nwealth of penn.ylven!e
IIOlAhl& lfAl
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-,f36" 187
ACT 91 NOTICE
TAKE ACTION TO SAVE YOUR HOME FROM FORECLOSURE
The Commonweallh 01 Pennsylvama's Homeowners' Emergency MongageAssI51ance Program may be able to help you Read Ihe lollowlng nOllce to Ilnd OUI hOw Ihe program
workS
II you need more ,"formal Ion call the PennsylvanIa HOUSing FlnanceAgency at 1 (8001342.2391
La no!lllcaoon en aellumo es de suma Imporlanc'a. pues aleela su dCfecho a conllnuar \/1""80<JO en !;u casa 5. no comprende 01 conlenldo de esta notl'lcaClon Oblonga una
lfaducClon Immedlalamente lIaman".1 cSlJ agencld IPennsylvanla HOUSIng F,nanceAgency, Sin cargos al numera menclonado amba Puedes set e1eg1ole para un preSlamo
por 01 programa ltarnado "Homeowner" Emergoncy Mortgage Asslslance Program" 81 cual puede salvar Su casa cIe la perdlaa del derecho a red.ml' au hlpol9ca
RE Account No
ACT 91 NOTICE
IMPORTANT: NOTICE OF HOMEOWNERS' EMERGENCY MORTGAGE ASSISTANCE PROGRAM,
PLEASE READ THIS NOTICE.
YOU MAY BE ELIGIBLE FOR FINANCIAL ASSISTANCE WHICH CAN SAVE
YOUR HOME FROM FORECLOSURE ANO HELP YOU MAKE FUTURE MORTGAGE PA YMENTS
10(;:..i._~J'i2 Oal8 i)-2i-\.,'1)
~lct:;Jr~~ fit
TO
FROMr __~I"l.'.!r5
2rr.;j.rl, i~(j
J'ust 1,...:r.l::'.1jl'J
;j~~~tl ~tr~~~ ~Jrli~~c. Pt.
';~. ti1l:n ~t...;:~t. '.,::,,"11~it..
li(;I:;
p."-. ; i(:j 3
You m.y b. eligible for fln.nct.1 '"lltanc. th.t wtll prevent foreclolure on your mongag. If you comply with the provlSiona of th. Hom.owners' Em.rg.ncy
Mortg.g. AlllltlnCI Act of 1113 (thl "Acn. You filly De .lIglbl. for .m.rgency t.mporary .1.lltanc." your d.f.utl NI. been caulld by ctrcum...nc.. beyond
your control, you h,WI' re..on.bl. prospect of rHumlng your mor1g.ge p.ym.ntl. end If you mHt Ofher .lIgfbUlty requirement. .....Uabed by th. P.nnlylv.nl.
Houllng Fln,nc. Ag.ncy. Pi.... re'd 'II 0' thll Notlc.. n cont,lnl,n ..pl.natlon of your ngh...
Under lhe Act. you ar8 enlllled to a temporary stay of IOfetIOlu" on you' mor1QIQ' tor thirty 130) day, hom Ih. dale of Itlll NotICe CUring thai tim, you muSI anange aM
attend a'lace.to.lace" meetlMQ WIth a representallve ollhls Iendltf, Of *1'" a OeSlona1ed consumer credll COUnYkl'l'Q aoency ThQ purpose Of thIS meeting II to attempt to *or.
oul a repayment plan. Of to ol!'lerwlle senle yOur QellnQtJ8flCy nil' meeting musl occur 1ft the neJ.t thtrty 1301 days
II you allend a face--lo-Iace meeting With IhtS lender. or ",Ith a consumer c'~t counseling agency eaen1lr.eo In 1t'1l1 notIce. no funh., Pf'OC8<<JIng 1ft mortgage foreclosure may
lake ptace for thirty (30) days after lhe dale OllhlS meeltno
r". name, .a~r.ess and tel~one number of our 'epresenratl'lle 'S
d~:::,~ ~'. ~--;i.j.~C;~~ ~l'b
,.. '11 ~f' ~ ':l ~ r ,...;,":::
...0' Ii:.. j I,', ,'". 111..'1...
Te1ephoneNurT'lDer 71,'_,"\,~1_7;='li
fhe "1U(~.l, adcIreSSlell. and phOne numbers 01 (.II cJ8tlVnateo contumef credit counsehng aQ8nCVltttll IS I..)
-J',J I ~" .'l.;"t:!e-..
1..0 I' I 1~1~_'. ,..'.\. ill':,;
il '5 ont, "f(Msary 10 sct\eCluie one IK.to-tK. meI'ltng YOW t!'IOuld aaw.M IfttlIitndef 1fn",.~.Ur.y of your tntenflOnt
'four mot1Qaqe ,1.n aetaull ~euJt..ro.. "'welAl6tId '0 Poly ptomplty lI'tStaijmenta of ~1C)el and InI....SI. .S 'equ.t'ecI. 'Of I ~1Od of ...., "Ity ltol day. The tal'" i/T'loynl
, .'. ~ I'.
otl".,~I{\\f~1":'S,S .._-~~ -: _ .,. !hllJUtft~~N~, I " ...
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YOVf 1'f\0l'1ga~" 11 alSO In (tet.un tot lht tolt(Wwlng te.uonS
I ~...lu ",hI! ~"@;j afld a'. u"ab:fe t,) "'Ol...e f"Iol C!'l~ at Of ."'" your tace-to).lat& meetl"Q. _QV ha.... t!'1e,,~ 10 ~ tOt I~ llafllanc:. II"Qft'I tl'le "O"'''''-'......~.,.
E""',""~..nf\ u..\f1....~ "''''fane. J"1Jf\\1 !1'l ~ t\l;to tf$.lt ,00 ~ ....~. """ ~.._. (~~. E~_ ~.-,c. ~<at.on *,,'" ..1"f' "I t".,
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NOTICE OF INTENTION TO FORECLOSE MORTGAGE
TO:
Rich.lrri "I. c,III'r'1an
...0 L.\.:l:l.il ,;.It'l.:t...
C,irlisle, M. 170F
Dale 01 NOlice
G-27-~G
Loan No,
1000:3412
The MORTGAGE held bV Fa!ille:rs Trt;llt Cpmpany 1 l!.._J!t~h Street Carl_isle, P,\. 17013
(hereinafter we. us or ours) on your property located at __~lQ__~e(?cI15t.rc.'l!l'
------ _______ Carlislc.1lli-1llll3
IS IN SERIOUS DEFAULT becallse YOIl have not made the monthly payments of $ ~51.'. 79
forthe months of June 1~~() ,July J99G ,and Au<!ust 1~~'(1
and lor because _
Late charges and other charges have also accrued to this date in the amount of $271.ii2 , The total
amount now,reH,uired to cure this default, or in other words, get caught up in your payments. as of the date of this
letter is S ~.:"u. 1 ry _
, ----.----
You !?)aX. cvre this default within THIRTY (30) DA YS of the date of this letter, by paying to us the above amount
of S _~~,,~_l~____ .. _, plus any additional monthly payments and late charge which may fall due during this
Pf~IFgi:r~u~hr~rl:~')JpTnUl\~J:n~~i~~ti~_2b:tC1~hiJ~:I~~E-^~~7of~ified check or money order. and made a~
If you do not cure the default within THIRTY (30) DAYS. lW intend to exercise our right to accelerate the
mortgage payments, This means that whatever is owing on the original amount borrowed will be considered due
immediately and you may lose the chance to payoff the original mortgage in monthly installments. If full payment of
the amount of default is not made within TH I RTY (30) DAYS. lW also intend to instruct our attorneys to start a
lawsuit to foreclose your mortgaged property. If the mortgage is foreclosed your mortgaged property will be sold by
the Sheriff to payoff the mortgage debt. I f we refer your case to our attorneys, but you cure the default before they
begin legal proceedings against you, you will still have to pay the reasonable attorney's fees, actually incurred, up to
S50.00. However, if legal proceedings are started against you. you will have to pay the reasonable attorney's fees even
if they are over S50,OO_ Any attorney's fees will be added to whatever you owe us, which may also include our
reasonable costs. If you cure the default within the thirty day pertod. you will not be required to pay attorney's fees,
We may also sue you personally for the unpaid principal balance and all other sums due under the mortgage,
If you have not cured the default within the thirty day period and foreclosure proceedings have begun. you stili
have the right to cure the default and prevent the sale at any time up to one hour before the Sheriff's foreclosure sale.
You may do so by paying the total amount of the unpaid monthly payments plus any late or other charges then due,
as well as the reasonable attorney's fees and costs connected with the foreclosure sale and perform any other require-
ments IInder theml}rtg~ge. It is estimated that the earliest date that such a Sheriff's sale could be held would be
approximately ~[\. E':'::.._, A notice of the date of the Sheriff sale will be sent to you before the sale, Of course.
the amount needed to cure the default will increase the longer you wait. You may find out at any time exactly what
the reqUired payment will be bv calling us at the following number: .J11.::,'0:1-7759. This payment ;nust be in cash.
cash,ers check. cert,fied check or money order and made payable to uS at the addreu stated abo\oe,
You should .ealize that a Shertff's sale will end your ownership of the mortgaged property and your right to remain
,n ,t. I f you continue to live In the property after the Shertff's sale, a lawsuit could be started to evict VOU,
You ha.e addlt,onal rights to help protect your interest '" the property_ YOU HAVE THE RIGHT TO SE LL THE
PROPERTY TO OBTAIN MONEY TO PAY OFF THE MORTGAGE DEBT. OR TO BORROW MONEY FROM
ANOTHER LENDING INSTITUTION TO PAY OFF THIS DEBT. YOU MAY HAVE THE RIGHT TO SELL OR
TRANSFER THE PROPERTY SUBJECT TO THE MORTGAGE TO A BUYER OR TRANSFEREE WHO WILL
ASSUME THE MORTGAGE DEBT, PROVIDED THAT ALL THE OUTSTANDING PAYMENTS, CHARGES AND
ATTORNEy'S FEES AND COSTS ARE PAID PRIOR TO OR AT THE SALE, AND THAT THE OTHER REOUIRE
ME!\jTS UNDER THE MORTGAGE ARE SATISFIED CONTACT US TO DETERMINE UNDER WHAT CIRCUM
STM"crS THIS RIGHT MIGHT EXIST. YOU HAVE THE RIGHT TO HAVE THIS DEFAULT CURED BY ANY
THIRO P.\RTY ACTING ON YOUR BEHALF YOU HAVE THE RIGHT TO ASSERT IN THE FORECLOSURE
PROCUO",GS THE NONEXISTENCE OF A OEFAULT OR ANY OTHER DEFENSE YOU MAY HAVe TO
.l.CCflfR.\TION OR FOREe RE
.,
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EXHIBIT
,1 :;' "h,' \."~-f' ;!,I\'['I."\ .IS I' 1I11Ih~t.t.;:, ,'!.ttt lit ll,"'-'! .4(l1.\"'\t'!
\ If, \Il.t!! 1'1'.... , "'.'''; l!\ ,~!!~ ~- .til'!hl.lt "t'.,l
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ACT 91 NOTICE
TAKE ACTION TO SAVE YOUR HOME FROM FORECLOSURE
The Commonwearth or PennS~I\j'anla" Homeowners' EmergencV MortgageAsslslance Program may be able 10 help you. Read Ihe lollowlng nOllce 10 hnd out now the program
works
II you need note mlormallon call1he Pennsylvania Hou!ung FInance Agency all {Baal 342.2J91
La nOhltcaclon en adJunto es de suma ImporlallCl8. pues alOCla su derucho a conllnuar \lIVlendo en su cala 51 no comprende el COnleM'O de BSla nohllcaclon oblenga una
traduction tmme(halamenle UamanrJa eSla .lgenela IPennsylvanl3 Housmg FrnanceAgenCYISln caroos .11 numerD moncronadoamba. Puedes S9r eleOlble para un prestamo
pOt 81 programa lIamac:ro "Homeowners' Emergen",' Mortgage Asslslance Program* 81 Cual puede salllJr su casa de la perCMa del derecho a r&dlml' au hlpoleca.
ACT 91 NOTICE
IMPORTANT: NOTICE OF HOMEOWNERS' EMERGENCY MORTGAGE ASSISTANCE PROGRAM.
PLEASE REAO THIS NOTICE.
you MAY BE ELIGIBLE FOR FINANCIAL ASSISTANCE WHICH CAN SAVE
YOUR HOME FROM FORECLOSURE ANO HELP YOU MAKE FUTURE MORTGAGE PAYMENTS
RE Aceoum No
i t'Q:;,~': ~::
Date' J ~,""7-":;
7
TO
FROM
: IJ t:' . ,q;~ ~~h!;r:-hlJ!, ~hj ,~C~L~' ~.. t:'0~C
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r Jll1cr~ I i'l.'~: '.:~;l:"~r: j~. !'1,"1ll
'.~i!rf i~l..;, :;:~. i7!113
Strnet ~:Jrl1~:e, ?A,
17011::
You mly b. .lIglbl. for f1nlnCIII'.I.Il8nc. thlt .tIt prevent forec:lolure on your mortglge If you comply with thl provtllonl of the Homeown.,.' Em.rg.ncy
Mortg.g. "'"l'tlnc:a Act of '''3 (1ft. "Acn. You ml.. b, .lIglbl. tor .m.rgency tMlporary ..1..tancI I' your d.flult hal bit" caUltct by circumltlnc.. beyond
your control, you hh. I ,...on.bt. prolPlCt or fflumlng your mortQIIQl pa,m.n.., and If rou milt oth,r .llgltHlfty .....trem.nt. .l1ab1llhec1 by Uti Pennlylvln'l
Houllng Finane. Ag.ncy. Pl.... raid III of thll Notle.. It contalnl In ..planIUon of your nght..
Under If'le Act. you are entttled to a Utmporary May 0110reclOSUl8 on your mortgage '01 tnlfty (30) daY"rom the date of It"s Nollee DUrin; fhat 'Ime you must arrange and
attend Ii "lat'.Ia-lae,- meeting *Ilh Ii represenlahv8 ollhts lender. Of *fln a dellgnaled consumer C18dl' COUl'l&ehng agency. The purpose of 1I'us meehng IS to attempl to *Ork
out a re.,ayment plan. or 10 otherWIse ,enl. your delinquency ThiS meehno must OCCur In the next lturfy (30) ~ys.
If yOU anend. tace-Io-tace meetlfl9 WI'h tf'lfs~. or ,*Itn a consumer crut COUnseting agency identified In Inll noIlce, no further Poceedlng III mongag. forectosure may
lake pface ~r Ihlrty {JOt Qay, an., the dat, Of thil mHllng
The nam.. adcIress and t8lepnone number 01 our representative IS:
jcck 'j. H~;,.c:!~ !~n
1 ~I. t;l'y.l ~tr(:?t
....Jf 11:; I ;', I~.'I. 1,"',:,..,
Telephon.Number ;'~ 7-")';1..;J~:;
The na~I~I. aooreSSlen ana pnone numbers CtI' 'I) deS'ONftd COM:S4Jmer credit COUflsebng ~Y\le'll' ,....)
Y"C"
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;t IS an!, "tIC,"'ary to achel:JuHt one ~to"ac:.~.ng 'f'OU IhOufd .a'lrtM '"'I *1der 1f'M'IeO..... of your If'ItItntJQl1J
Your "'Ortga~ 'I fl" c;Nti~,~ you ha..,. '-'*2 to,.., ptomptty !f'\ItaI:lmentI of pr~ and ~at. at rtQufftlO. for I penoa 01 at !e'Ht ".ty (60) dIIys, The tot. amoun:!
gi If".., \ieitnq<,J.e"C'v ,. S _L - . j. , Tl\aIIUrft tnCtudeI fht~'
~ ,'J'.nF;,~: ."t .>()'.J0.....' .:::-: .:')11''''' ~I:'" ~~.~. :~'.lh: i1 jt},... fLe" ".'~ r.r~ ."J,.r .....'__o:.~ ~;''''';: _.
L:'~f ,':' .~.( ...~ ...~;;~ _
"'~f tnt)rtQ~. r$ alto .n t)tJ~ lOr""~"9 reatoP.t
I \LIU .......-. f-t'-fJo,J .~ ~. ~ahie- t:o ~". t?\l~ ~ .. Of .ft4t!' YOl.d' tec..to-tate meet,,",. tw ~ ~ f"Vht ~ ~ tot ~1.eI Utl$AFtC. ~ m. rtomk-*f\tlor,
E~......~'X~' ~t~ "-UtI1ar'l("e'uAd I" 0f"QItf 10 11Q~, ,oy mull ba out S4" and fl... f~ ~..,." e~ .."stance Al1c>l<IohO:'l wM. (U\f! Dl f!'-e
~~j;..~..~'..-J c~,..,.. C~ t~ ~>IQ bStH '" ""- ~ "'n~ fur U~a.tanc. ma-t t-w. be~ttom Ii (;onaumer c~ COUftHlmg~" 't~
~',""\V"''''' (''flrJ'.ICi.''''-''l'.''"t ~y ... "$ill ,-llw lA lo~ (WI ""OUI ~Mton ~ -'* ~t ,tV t~~ aopk.lt,on to ''''''' PeN'1oltlV"~ ~"'Q Ftn~..~" "''.1".,
....,"-(a~,.J<-'\ -.",.1 t>t N.., ~ po.tt~.a, ~.., ""--,1. ,>> j;h,@'fGVf ....ttH.... ~
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, ".'."...."1'1 ,''t'',"".r>~ "'.-$I y,',." ~;:-""if~,tt1' t.. .:,1'"'' ~.t'i!'~llil~""~ ~_! "'to.. P...."!h;'..ciOi:l....'\u""""q: J:'~.I\lP'C" to", 5"!\- ii!li!\ M,,!5:1.' f"!;......,,~. ~.,,"
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NOTICE OF INTENTION TO FORECLOSE MORTGAGE
TO:
i 111('~' ..;nn SilFr;-hll1
,~U _cecn .Jtr'{~0t
t:l~rllSlet P,'I. 1,111.:
;'.-c.7-l r.
Date of Notice' '. __~__.
1'00'....'
Loan No. _~._.'-q&4
TheMORTGAGEheldby FJ"!1~s_~TI".'cI_s.!_Cor.\pany 1 H. Hifjh 5trc&t C,1rli~lt~ 'J. 17(11~
(hereinafter we, us or ours) on your property located at ~O ,.leech Strc.:t
__.._ _"._n_..._. Carlisle, PII. l7UL
IS IN SER 10US DEf'A~,LT!1~cause you have not ma"e {~ef'G?/JthlY payments 0($ ,r.;.~ . ~;. ,
forthe months of vUllo -. J ,JlI y.-v ,and ".l/l,u... I. _.J
and lor because
Late charges and other charges have also accrued to this date in the amount of~271 . :~' , The total
amount now required to cure this default, or in other words, get caught up in your payments, as of the date of this
. ' " ,~
letter. 's S ",,-'t"-d.L _n' _ '
You ~~~.~ cyr.e this default within THIRTY 13D} DA YS of the date of this lerrer. by pa~ing to us the above ~moun.t
01 S .__--,'.:...:..... ___. plus any additional monthly payments and late charge whICh may fall due durmg thiS
p~rio(t Su~h paY"),ent ~ust b~ miKle ,eit~er by. c,!~. c.ashier's check.. c!!!lified check or money order. and made at
~,1rr,ED,__~..r.\l_g_"or'9,..fI.L.!....o.!.- bt<111 ~trs(;. l.arl1Sle, "". 1101~ ,
If you do not cure the default within THIRTY (30) DAYS. we intend to exercise our right to accelerate the
mortgage payments, This means that whatever is owing on the original amount borrowed will be considered due
immediately and you may lose the chance to payoff the original mortgage in monthly installments. I f full payment of
the amount of default is not made within THI RTY (301 DAYS. we also intend to instruct our attomeys to start a
lawsuit to foreclose your mortgagec! property, If the mortgage is foreclosed your mortgagec! property will be sold by
the Sheriff to payoff the mortgage debt. If we refer your case to our attorneys. but you cure the default before thpy
begin legal proceedings against you, you will still have to pay the reasonable attorney's fees, actually incurred. up to
550.00, However. if legal proceedings are started against you. you will have to pay the reasonable attorney's fees even
if they are over 550.00, Any attorney's fees will be added to whatever you owe us, which may also include our
reasonable costs. If you cure the default within the thirty day period. you will not be required to pay attorney's fees.
We may also sue you personally for the unpaid principal balance and all other sums due under the mortgage,
If you have not cured the default within the thirty day period and foreclosure proceedings have begun, you still
have the right to cure the default and prevent the ule.t any time up to one hour befo,. the Slwriff's forre/osure sale,
You may do so by paying the tot.I amount of the unpaid monthly ".yments plus any "t, or other ch8ryes then due,
as well as the reasonable attorney's fees and costs connected with the foreclosure s.le.nd perform any other require,
ments under the mort~. It is estimated that the earliest date that such a Sheriff's sale could be held would be
appro. imatety ,c.':C .1,"u , A notice of the date of the Sheriff sale will be sent to you before the sale, Of course,
the amount needed to cure the default will increase the longer you,T"it..4QU.~V find out at any time exactly what
the requited payment will be by calling us at the following number: ' I-c' "/I~~' , This payment :nust be in cash,
cashiers check. certified check or money order and made payable to us at the address stated above,
You shou Id realize that a Sheriff's sale wm end your ownership of the mortgaged property and your rq,t to remaIn
In .t. If you continue to live In the property after the Sheriff's sale. a lawsuit could be surted to evict you,
You ha,e addItIonal rights to help protect your interest in the property, YOU HAVE THE RIGHT TO SELL THE
PROPERTY TO OBTAIN MONEY TO PAY OFF THE MORTGAGE DEBT. OR TO BORROW MONEY FROM
ANOTHER LENDING INSTITUTION TO PAY OFF THIS DEBT. YOU MAY HAVE THE RIGHT TO SELL OR
TRANSFER THE PROPERTY SUBJECT TO THE MORTGAGE TO A BUYER OR TRANSFEREE WHO WILL
ASSUME THE MORTGAGE DEBT, PROVIDED THAT ALL THE OUTSTANDING PAYMENTS. CHARGES AND
ATTORNEY'S FEES AND COSTS ARE PAlO PRIOR TO OR AT THE SALE, AND THAT THE OTHER REOUIRE
MENTS UNDER THE MORTGAGE ARE SATISFIED CONTACT US TO DETERMINE UNDER WHAT CIRCUM
STANCES THIS RIGHT MIGHT EXIST, YOU HAVE THE RIGHT TO HAVE THIS DEFAULT CURED BY ANY
THIRD PARTY ACTING ON YOUR BEHALF YOU HAVE TH::: RIGHT TO ASSERT IN THE FORECLOSURE
PROCEEDINGS THE NON EXISTENCE OF A OEFAUL T OR ANY OTHER DefENSE yOU ~~AY HAVE TO
AeeE LERATlON OR FORECLOSURE
It ~ .'d i :i't' rht' {1f'1J'i;'1 t~ ;~ll\f"
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