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ROBERT D. 1I0CKENBERRY and,
STACY E.1I0CKENBERRY
: CIVIL ACTION . LAW
FINANCIAL TRUST COMPANY,
PlaintilT
: IN TilE COURT OF COMMON PLEAS
: OF CUMBERLAND COUNTY,
: PENNSYLVANIA
v.
Defendants
: IN MORTGAGE FORECLOSURE
: CIVIL TERM 1996 - U 1'64- Cv...J)7,€.]/')
NOTICE
YOU HAVE BEEN SUED IN COURT. IF YOU WISH TO DEFEND
AGAINST THE CLAIMS SET FORTH IN THE FOLLOWING PAGES, YOU MUST
TAKE ACTION WITHIN TWENTY (20) DAYS AFTER THE COMPLAINT AND
NOTICE ARE SERVED, FILING IN WRITING WITH THE COURT YOUR DEFENSES
OR OBJECTIONS TO THE CLAIMS SET FORTH AGAINST YOU. YOU ARE
WARNED THAT IF YOU FAIL TO DO SO, THE CASE MAY PROCEED WITHOUT
YOU AND A JUDGMENT MAY BE ENTERED AGAINST YOU BY THE COURT
WITHOUT FURTHER NOTICE FOR ANY MONEY CLAIMED IN THE COMPLAINT
OR FOR ANY OTHER CLAIM OR RELIEF REQUESTED BY THE PLAINTIFF. YOU
MAY LOSE MONEY OR PROPERTY OR OTHER RIGHTS IMPORTANT TO YOU.
YOU SHOULD TAKE THIS PAPER TO YOUR LA WYER AT ONCE. IF YOU
DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR
TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU
CAN GET LEGAL HELP.
Court Administrator, Fourth Floor
Cumberland County Courthouse
Carlisle, P A \ 70 13
Telephone: (717) 240-6200
FINANCIAL TRUST COMPANY,
PlalntilT
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYI,v ANIA
v.
ROBERT D. HOCKENBERRY and.
STACY E. HOCKENBERRY
CIVIL ACTION . LAW
Derendants
IN MORTGAGE FORECLOSURE
CIVIL TERM 1996
"~ (./ r y. C!t~.J -r;.~
COMPLAINT
AND NOW, comes Financial Trust Company, through its attorney, William A. Duncan,
Esquire, and files this Complaint in Mortgage Foreclosure, of which the following is a
statement:
I. Plaintiff is Financial Trust Company, a corporation organized and existing under the
laws orthe Commonwealth of Pennsylvania with its main office and principal place of business
located at I West High Street, Carlisle, Cumberland County, Pennsylvania 17013.
2. Defendant, Robert D. Hockenberry, an adult individual, and Defendant, Stacy E.
Hockenberry, an adult individual, are husband and wife, and reside at 297 Shed Road,
Newville, Cumberland County, Pennsylvania
3. On or about October 20, 1992, Defendants made, executed and delivered to Plaintiff
a note and a real estate mortgage financing Seven Thousand Seven Hundred Two and 32/100
Dollars ($7,702.32), a copy of said note and said real estate mortgage being attached hereto as
Exhibits "A" and "B". respectively, and are incorporated herein by reference as though fully set
forth.
4. Said note and said real estate mortgage have not been assigned.
5. Robert D. Hockenberry and Stacy E. Hockenberry are the sole record owners in fee
simple of said premises subject to said mortgage, by virtue of a Deed dated June 15th. 1992
and recorded in the Cumberland County Recorder's Ol1ice in Deed Book "35", Volume T,
unsWOrn falsification to authorities.
jf/J~t-
VERIFICATION
I, John H. Bowers, hereby verify that I am a Sr. Vice President of Financial Trust
Company, that 1 make this verification being authorized to do so. and the facts set forth in the
foregoing Complaint are true and correct to the best of my knowledge. 1 understand that false
statements herein are made subject to the penalties of 18 Pa. C.S. Section 4904 relating to
John H. Bowers
Sr. Vice President
Financial Trust Company
ReCORDATION REQUESTED BY:
FllflMr. TNIl Company
ana W.1l HgIl SIrH'
CMIIIle, PA 17013
f\ 2 ~ = ~,~. : '. :::: ~ !.. [:1
WHEN RECORDED MAIL TO:
FllRller. TNIl Company
ana W.1l Hgh StrHt
CMIII1., PA 17013
f\ECG~j,:;( OF DEEDS
C'~ ;.;~. ~:.. _,~.; J COU.1iTY" PA
'92 OCT 29 Arl 8 38
SEND TAX NOTICES TO:
Robert D. Hock.nberry end Stacy E. Hock.nberry
:lt7 Shed Road
Newville, PA In41
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONl. Y
MORTGAGE
THIS MORTGAGE IS DATED OCTOBER 20, 1992, between Robert D. Hockenberry and S18cy E. Hockenberry,
owner(s)In fee simple, whoae address Is 297 Shed Road, Newville, PA 17241 (referred to below aa "Grantor");
and Farmers Trust Company, whoae address Is One West High Street, Carlisle, PA 17013 (referred to helow as
"Lender").
GRANT OF MORTGAGE. For valuabl. conlld.rellon, Grenlor gr.nt., bargain., sells, conv.y., ....gn., tran.lers, ..I....., connrm. and
mortgage. to L.nder .11 of Grenlor's righI, 11I1.. .nd Inl.reslln .nd 10 lhe following doscrlb.d real property. looelher wllh .11 axlsting or lubsequenllY
erecl.d or attl..d buildings. improvements .nd filrlures: all streets. lanes. .,leva. p....ges. .nd wava: .11 ....m.nts. rights 01 way. .. liberties.
prlvtleges. I.nem.nts. heredilam.nts. .nd .ppurt.n.nces lhareunlo belonging or .nyoNlse mad. appurt.nanl hereafter, .nd lhe ..versions and
r.maInderS wllh respecl ther.,o: all w.ter. w.ler rlghls. w.lercou.... and dileh rights (Including slock In ulllilles wllh ditch or Irrlgallon rights): and .11
olher rights. roy.llles. .nd profits relallng 10 lhe real property. Including wllhoullimllallon .,1 mlner.ls. 011. gas. g.olhermal .nd similar mall"". located
In Cumberland County, Commonwealth of Pennsylvania (the "Real Property"):
Deed Bock T-35 Page 422 Townahlp: Lower Mifflin
The Real Property or 118 addresa Is commonly known aa 297 Shed Road, Newville, PA 17241.
Grenlor presenlly assigns 10 L.nder .Ii 01 Granlor's rlghl. 1IIIe. and Inlereslln .nd 10 .Ii leases of lhe Prop.rty .nd .,1 R.nts from lhe Property. In
addlllon. Gr.nlor gr.nts to L.nder a Unlfo<m Commercial Cod. _urlly Inlereslln lhe Person.1 Property and R.nts.
DEFINITIONS. The following wo<ds sh.1I havelhe lollowlng meanings wh.n used In Ihls Mortg.ge. Terms nol olherwlse denned In Ihls Mortgag. .hall
have lha meanings attribul.d 10 such lerms In lhe Unlfo<m Commercial Cod.. All refer.nces 10 dollar amounls sh.1I mean amounts In lawful money 01
Ih. Unlled Slales 01 Amartca.
ExI.lIng Ind.btedn.... Tha wo<ds "E.lsllng Indebl.dn.... mean Ih.lnd.bledn... descrlb.d below In Ih. E.lsllng Indebled.... section ollhls
Mortg.ge.
Grantor. The wo<d "Grantor" means Robert D. Hock.nberry end Stacy E. Hock.nberry. Th. Granlor Islh. mortgago< under Ihls Mortgag..
Guarantor. The wo<d "Guar.nla(' means and Includes wllhoulllmilallon. each and all 01 the guaranlors. surelles. and accommodation parties In
connection wllh the Ind.bl.dn....
Improv.m.nt.. Th. wo<d 'mprovements. means .nd Includes wllhoul IImllallon all oxlsllng and fulur. Improvem.nts. fixtures. buildings.
struclures. mobile homes .tt1..d on Ih. Real Prop.rty. faellilles. addlllons and olh.r construcllon on the Real Proparty.
Ind.btedn.... The word 'nd.bl.dn.... means all principal and Inler..1 payabla undar Ih. Nol. and any .mounts exp.nd.d or advanced by
L.nder 10 dlscharg. obligallons 01 Granlor or .xp.nses Incurred by L.nd.r 10 .nforc. obligallons 01 Granlor und.r Ihls Mortgag.. log.,her wllh
Inleresl on such amounts as provtd.d In Ihls Mortgage.
Lander. Th. wo<d 'tanda" moans Farm.rs Trusl Company. lis successors and asolgns. Th. L.nd.r 1.lh. mortgagee under this Mortgage.
Mortgage. Th. word .Mortgag." means Ihls Morlgag. b.tween Granlor .nd L.nder. and Includes wllhoullimllatlon all assignments .nd securlly
Inl.resl provtslons relallng 10 Ih. P.rsonal Prop.rty and R.nts.
Nol.. Tha word "Nola" means Ihe promlsoory nole or cr.dll .greem.nl dal.d Oclober 20. 1992. In the original prlnclpsl amount of
$7,702.32 from Granlor to L.nder. log.th.r wllh all r.newals 01. ..tenslons of. modifications of. r.financlngs 01. consolldetions 01. and
subslllullons lor the promissory nol. or agreem.nt.
Pereon" Property. Th. wo<d. "Parsonal Prop.rty" mean all squlpm.nl. filrlures. and olh.r .rtlcles 01 personal property now or her..fter owned
by Gr.nlor. snd now or h.r..<<er .lIached or .Ifl..d to the Real Property: logelher wllh all accession.. parts. and .ddlllons 10. all replacements 01.
and .11 subslllullons lor. any of such prop.rty: and log.lh.r wllh all prcceeds (Including wllhoullimllatlon .lIlnsuranee proceedS and refunds 01
pramlums) from .ny ..I. or olhar disposition ollhe Prop.rty.
Proparty. The word "Prop.rty" means collecllvaly Ih. Real Property and Ih. Personal Prop.rty.
R.aI Property. The words ~oal Property" moan the property. Inl.r..l. and rights doscrlbed above In Iha .Granl 01 Mortgaga. section.
R.laled Docum.nt.. Th. words ~.lal.d Docum.nl." mean .nd Include wilhoul Iimll4l1on all
agreements. guaranties. security agreements. mortgages. deeds 01 trust, and oil other Inslruments. 8
heroaller existing. execul.d In eonnecllon wllh Ih. Ind.bl.dn....
Rents. The word "Aenls" means all pressnt and luluro fenls, revenues, Income. Issues, royalUes,
Ploperty.
EXHIBIT
lY
nb, loan
lher now or
d from Ih.
MORTGAGE
(ConUnued)
Page 2
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1lI1B MORTGAGE, INa.UOINC THI! ABBIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAl. PROPERTY, IS
GIVUl TO SECURE III PAYMENT OF THE INDEBTEDNESS AND (2) PERFORMANCE OF AU. OIlI.IGATIONS OF GRANTOR UNDER THIS
MORTGAGE AND TIt! RELATED DOCUMENTS. THIS MORTGAGE IS GIVEN AND ACCEPTED ON THE FOlLOWING TERMS:
PAYMENT AND Pl!RFORMANCE. Excepl u othelWise provided In this Mengage. arlnler shlU PlY 10 Linde< IU Imounls secured by Ihls Mortgagl
u they become due. Ind shill slr1ClIy perferm III 01 Granier's obllgellons unde< IIIIa Mortgage.
POSSESSION AND MAINTENANCE OF THE PROPERTY. Granter egrees thlt arlnler's pOSMSSlon and use ollhl Proplfty shlU bl go_nod by lhe
lolIowIng provtslons:
Po....elool _ u... Unlllln dellull. GrlnlOl mey ramaln In pOSMSSlon Ind conuoI 01 Ind ""","ie Ind menagl the Proplfty Ind collect the
Renls ~om lhe Property.
Duty 10 MaIntain. Grlntor shill maintain Ihe Proplfty In Ilnanllble condlllon Ind promplly perfOlm III repllrs. repllcements, Ind melnlenance
Il4ICISSIry to p....... lis vllue.
HaurdouI Bubelancel. The lerms 'hazardous wule,' "heZardOus subsllnce," 'disposal," "reIeue," Ind 'hr..lanod releue," U usId In this
Mengage. shall hive lhe same meanings u sellorth In lhe Comprehensive EnYlronmental Response. Compensation. Ind LIIblllly Ac1 01 1960. u
lmended. 42 U.S.C. Seetlon 9601. It seq. ("CERCLA'). lhe Superfund Amendmenls Ind Reaulhenzallon Acl 01 1986, Pub. L No. 99-499
("SARA'). the He.zardous MlIerlals Trenspor1allon Act. 49 U.S.C. Seellon 1801. II saq., the Resource ConserveUon Ind Recovery Ac1. 49 U.S.C.
Seellon 8901. II saq., or other Ippllcable sllll er Foderelllws. rules. or regulaUons Idopled pUtluent to any 01 the loregolng. The terms
'hazardous WUtl' Ind 'hazardous subslance' shaU elso Include, wllhoulllmlllllon. peuollum Ind pllrollum by-prodUC1s er Iny /racllon lhereol
Ind ts:lestos. arlnlor rlpresents Ind ,,""ents 10 Lende< thll: (I) During the partod 01 Grlnter's ownership ollhe Property. thoro has been no
use. generlllon. menuleclurl. sterlge. tr..lmenl. disposeJ, r_se or thr..llned r_se ollny hazardous wute or subslance by Iny person on.
unde<, or eboullhe Property; (b) Grenlor his no knowledge 01, or rlUon 10 believe thlllhere has been. except u previously disclosed 10 Ind
eeknowledged by Lender In writing, (I) eny use, generlllon, menuleelure. slorlge. ueelmenl. disposal. releue. or Ihreelaned r...... 01 Iny
hazerdous wull or subslance by Iny prior own", or occuplnls ollhe Property or (II) Iny Icluel or Ihreetlnad IllIgIUon or c:laJms of Iny kind by
Iny pen<on rtleUng 10 such mall",; Ind (c) Exceplu previously disclosed 10 Ind Icknowledged by Linder In wriUng. (I) nelther Grlnlor nor Iny
"nanl, contreelor. Iglnl or other luthonzed u.... 01 lhe Property Lhall use. generlll. menuleclure. store. ueel. dispose 01. or ....... Iny
hazerdous wu.. or subslance on, unde<. or Iboul the Property Ind (U) Iny such Icllvlly shall be conducted In complllnce wllh ell eppllcable
_II, Slatl. Ind locelllws. regulations Ind ordinances, Including wllhoul IIm/lallon those laws. regullUons. and ordinances _ above.
Granlor luthortme Linder Ind lis Iglnls 10 enl... upon the Property to make such Inspections Ind lests u Linde< mey deem appropr1a1a 10
delermlne complllnce 01 lhe Proplfty wllh Ihls section 01 lhe Mortgage. Any Inspections or tesls madl by Lende< shell be lor Llnder'e purposes
only Ind shall nol be construed 10 cr.... Iny responslblllly or liability on the part 01 Lende< 10 Grantor or 10 Iny other person. The repmenlaUons
Ind wenlnties contained herein 118 bUld on Granier's due dlllglnce In In_tlglllng the Property lor hazerdous wUtl. arlnlor herlby (I)
__ Ind w~ Iny luture c:laJms 10llnst Linde< lor Indemnlly or contribullon In lhe evenl Grantor becomes liable lor cleanup or olher cosls
unde< Iny such laws. Ind (b) Igr_ to Indemnity Ind hold harmless Lender Igllnst Iny Ind III clllms. losses. IlIbUlIIes, demages, penalties. Ind
expenses which Lender mey dlreclly or Indlteclly suslaln or sull., resulUng ~om I br..ch ollhls secllon 01 the Menglgl or u I consaquence 01
Iny usa. generation, manulacturl, Slorlgl. disposal. r_sa or Ihr....ned roleose occurring prior 10 Granier'I ownership or Inl_1 In lhe
Property, whelher or nol the same WII or should hive been known 10 arlnlor. The provisions 01 Ihls secllon 01 the Mengagl, Including lhe
obllgaUon 10 Indemnity. shllllUMve lhe ply","nl 01 thl Indeblldness Ind thl satlsllcllon Ind roconveyence 01 lhe llan 01 this Mor100ge Ind shlU
nol be llIected by Lender'1 Icqulslllon 01 Iny Inl_lln lhe Property, whelher by loreclosurl or olherwlse.
Nul_, W..... arlntor lhaIl nol ceuse. conducl or petmll Iny nUisance nor commll, petmll, or lull.. Iny Itripplng 0/ or wu" on 0110 lhe
Property or Iny por1lon 01 lhe Property. Wllhout IlmlUng lhe glnerlllty 01 the foregoing. Grenlor will nol remove. or orenllo Iny olher party lhe
rtghllo remove. Iny Umber. mlnerlll (Including oIllnd gu). soli. gre'" or rock products wllhoul the prior wrlllln consanl 0/ Lende<.
RlmovlI ollmprovlmlnl.. Grenlor shel not dlmollsh or remove Iny Improvlmenls ~om lhe R..I Property wlIhoullhe prior wri"-n consenl 0/
Lende<. Aa I condlUon to lhe rlmovll 01 Iny Improvemenls. Linde< mey require Grentor 10 mekl """ng"menls sallslectory 10 Lende< 10 replace
such Improvements wllh Improvements 01 It leesl IquII vllUl.
Llndl,'l Righi 10 Enll', Lender Ind lis Igsnts Ind reprlSlnlall_ may Inler upon the Real Property II ell rlUonable II","" 10 IlIlnd to
Lender's Inleresls Ind 10 Inspecllhe Property lor PUrpOSll 01 Grenier's compliance wllh the lerms Ind condlUons 01 Ihll Mortglgl.
Compllancl with Govlrnmlntal Requlr.mlnt.. Grentor shill prompUy comply wllh III laws, OIdlnences. Ind regulations. now or herea"., In
IlIoct. 01 III governmental luthorttlel Ippllcabll 10 thl use or OCCUPlncy 01 the Proplfty. arlnlor mey conlesl In good IlIlh Iny luch law.
ordinance, or regulaUon Ind wllhhold complllnca durtng Iny proceeding. Including Ippropr1a11 Ipp..ls. so long IS Grenier his notilled Lende< In
wrlllng prior to doing so Ind so long IS, In L.nder's loIe opinion. Lender'1 Inl..esls In IhI Proplfty erl nol Jeoperdlzed. Lende< may requlr.
Grentor to poslldequell securily or I lurely band. rllsonably sallsllclory 10 Lende<. 10 protecl Llnder'slnt..esl.
Duty 10 Prolecl. arlnlor Igrees nellher 10 eblndon nor I.... unsllended the Proplf1y. GrenlOl shill do IU olher eels. In IddlUon 10 lhose acls
III lenh Ibove In this secllon. which ~om tha Chlrlcler snd usa 01 the Property erl r..sonably -.ary to prolsel and prn0tV8 IhI Property.
DUE ON SALE _ CONSENT BY LENDER. Lendlr mey. II lis opllon. docllre Immedlalely due snd plYlble IU sums securad by Ihls Morlgage upon lhe
llle or trlnsler. wllhoul the Lande<'s prior wrillln consent. 01 ell or Iny Plri ollhe RBlI Property. or Iny Int_lln lhe Real Property. A "sale or
trlnsle(' meanl the conveYlnca 01 Reel Proplfty or any rtghl. tllla or Int_1 Ihereln; whllher legal or equilable; whether volunlsly or Involuntary;
whllher by oulrtghl sale. deed. Insllllmenl ilia conlract, land conulcl. contrac1 lor deed. leeseho/d Inl.,est wlIh I Isrm greelsr lhan IhreoI (3) ye&I'I.
~lIon conulcl. or by sale. lulgnmenl. or trensl... 01 Iny benallclellnl_lln or 10 any land trust holding III1e 10 lhe Real Property, or by Iny
olher method 01 conveyance 01 Reel Property Int....1. IIlny Granlor Is I corpora lion or Pllll18l'lhlp. trlnslsr 11I0 Includes Iny chlnge In ow"""hlp 01
morl lhen twlnly-"ve percenl (25%) 01 the vollng slock or partnership Inlerests. u lhe cose may be. 01 Grentor. Howlver. Ihls option shal nol bl
_ by L.nder IIluch exorclsall prohlbll.d by Ild"'"llaw or by Plnnsylvlnla law.
TAXES AND LIENS. ThlloIlowlng provisions rlllUng to the Iaxlt Ind liens on lhe Property erl I pili ollhls Menglgl.
Pey,""nl. arlntor shall PlY when dUI (Ind In III I..nls prior 10 dellnqulncy) llIlaxlt. plyrolllaxes, speclsllax... ......ments. wIIsr chergel
Ind sawer SIMCO chergas levied 19a1nsl 01 on 1CC0unl 01 the PrOplrty, Ind shill PlY when due all claims lor wor1< done on or lor -
rendered or meler1allul.ltshed 10 I"" Proplf1y. arlnlor shill maintain Ihl Property h. 01 III liens hiving priority over 01 equal 10 lhe In'-I 01
Lende< under tllla Mongegl. except for Ihl IIln of Iaxes Ind a!lS8Ssmenls nol due. ""cepllor IhI Exlsllng Indebtedness relllmld 10 below. Ind
excepl u olherwlse provided In IhI following peragreph.
RighI To Conlll'. ar.nlor may wllhhold plymenl 01 Iny lax. assessmenl. or claim In connecllon wllh I good fellh dlspule OV8l' lhe obligation 10
PlY. so long IS Lender'slnt.,eslln IhI Property Is nol jaoperdlzed. II I lien artses or Is "led II I resull 01 nonplymenl. arlnlor shll wllhln """"n
(15) deys InerIhIlien erises or.llll1an Is filed, wllhln "lIean (15) dlys an., Grlnlor hes nollca of the filing, SlCure lhe dlschlroe ollhe lien. or II
raqueslld by Linder. dlposll wllh Lender cash or I sulflclent corporell suraly bond or olher securily sallslactory 10 Linder 'n In amount sulflcJenl
to dlschargl the lien plus eny cosls and aIlOlney>' lees or olher chorg.. Ihlt could acerue IS I resull 01 I foreclosure or sale und., Ihe lien. In
Iny conlesl, Granlor shall delend llselland Lend... and shill saUsty Iny adve... judgmenl balore enlorcemenllgalnst lhe Proplfty. arlnlor shall
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MORTGAGE
(ConUnued)
Plge 3
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name LAndor II .n .ddltlonal obligee undel' Iny sur.ty bond furnished In the conlall proc;eadlngs.
Evidence of paymanl. Gr.nlor shall upon d.m.nd lumlsh to l.ndor satlsla<:lory IVldence of p.yment 01 the - or _mlnll and stili
.uthort.. the appropriate govarnmlnlll olflclal 10 d11lvar to LAndor .t .ny time . wlllI.n slate_nt of the tax.. .nd _mlnll 1ge1nst the
Properly.
Malice of ConalrUcllon. Gr.nlor shall notlty l.ndor .t IIaII M..n (15) del'l before .ny wort< Is commlnc:ed. .ny Ilf\llcllIIIO turnlshad. or Iny
matertall .,. supplied to the Properly, Illny mechanic's lI.n. ma_lmln's lien. or other Iiln could be usefled on account ollhe wort<.lII'/ICII.
or matertall .nd lhe cosl ~s $6.000.00. Grlnlor will upon request 01 LAndor furnish 10 LAndor Idv.nce ISsur.nc8lIsatlslactory to LAndor
11II1 Gr.nlor can .nd will PlY lha cost 01 such Improvemenll.
PROPERTY DAMAGE INSURANCE. ThlI following provisions .....tlng to Insurtng the Properly Ire. pill ollhls Mortg.g..
Malnl.nance ollnlllrlf\Cl. Grlnlor shall procure .nd malnllln pollclls 01 "re Insur.nce wllh standard ext.nded covarage .ndOfllmlnls on I
replacamlnt basil lor the lulllnsurlble vslu. covering all hnprovemenls on the Rill Property In .n .mounl sulflclent 10 .vold application of Iny
colnsur.nce cIIuse. .nd wilt, . standard mortgsg.. clause In I.Vor of LAndor. Policies shall b. ..nll.n by such InsUfllnce comp.nles .nd In such
form II may be rlUonebly llCCIPtabil to L.nder. Gr.ntor shall dallvar 10 LAndor cartillcates 01 COl/lfllge Irom each Insurer conlalnlng I
Itlpulallon thai covar.g. will not be cancelled or diminished without. minimum 01 t.n (to) days' prtor wrthan nollc8 to LAndor .nd nol conlalnlng
.ny disclaimer ollhe Insurer'lllablUty lor 1IIIure to give such nollcl. Should the Real Properly .1 .ny time become located In .n 11I8 dlsignated
by the Dlrec:tor oflhe F.dllfll Emarll'ncy M.nlg.mlnl Agency II . specIII "ood haZard If". Gr.nlor Igr_ to oblaln .nd mainlaln Fldlfal
Flood Insur.nce. to lhe ext.nt such Insurlnce Is required .nd Is or blCOmll .v.llable. lor the term 01 the loan .nd for the lull unpaid prtnclpal
bllance 01 the loan, or th. m&lllmum limit ot cover.ge lhalls Iv.llable. whlchelllf Is 181I.
ApplicatIOn of ProCeed.. Grlnlor shall promplly notlty l.ndel' of .ny 1011 or damage 10 the Property II the ..tlmated coal 01 repa~ or
replac8m1nt IllCIIdI S5Q0.00. LAndor may make proof 01101111 Gr.ntor laIIIlo do so wllhln ""Mn (t5) days ollhe casualty. Whelher or nol
LAnder's MCUrtty Is Imp.lred. LAnder may, It Its .lactlon. apply the proceeds to the reduclton 0lthelndabtedn8lS. p.Ymlnt ollny IiIn .tflCllng
the Properly. or the rlltor.tlon .nd repa~ 01 the Property. II LAndor _Is to apply the proceeds to r"lorlllon .nd rep.~, Grlntor stili repair or
replace the damaged or daltroyad Improvements In . manner oallsf.clory to l.ndor. LAndei' shall. upon sallst.ctory proof of such pPlndltUfl.
pay or relmbune Gr.nlor Irom the prOClllds lor the rlUonable cost of rep.ir or rlllorsllon It Grlnlor Is not In dal.ult hereundor. MY proceedS
which have not bean disbursed within t eo d.l'llner their rllClipl .nd which LAndei' has not committed to the rep.lr or r..tor.llon of the Pr-'Y
shall be used IIIst to p.y Iny .mounl owing 10 l.ndor undor this Mortgage. then to prep.y .ccrued Inl_t. .nd lhe "maindor. If .ny, stili III
applied to the prtnclpal bllance ollhe Indebledness. If l.ndor holda Iny prOC8lds .ner p.Ymlnlln lull 01 the Indebtedness, such procHds shall
be p.id to Grantor.
~xplred Inlllrlf1Ce at Sale. Any u_plred Insurlnce shall Inure to the bene"1 ot. Ind p.sa 10. the purchaser 01 the Property covered by thls
Mortgage.t .ny trust..'s sale or other sail hald undor the provisions 01 thls Mortg.ge. or .llny toreclosuresale of such Pr-'Y.
Compl- wllh Exlallng Ind.bled...... During the partod In which Iny existing Indebtadness dllCrtbed below ts In .ffect. COmpUancl with the
Insur.nce provlslona contained In the InstrUmlnt evidencing such Exlstlng Indebtedness shall conslllut. compliance with lhe Insurlnce provisions
undor thls Mortgage, :0 the ....nt compliance wllh the terms 01 this Mortgege would conslllute e duplication 01 Insurance requlrtlmlnl. IIlny
prOCMda Irom lhelntur.nce become p.y.ble on 1018. the provisiOns In Ihll Mortlllge lor division 01 proceeds shall apply only 10 lhat portton 01
lhe prOCMdl nof p.y.ble 10 the holdor 01 the Exlstlng Indebtedness.
!XPI!IlDITURl!S BY L!HDER. II Grlntor fsIIa to comply with .ny provision olthls Mortlllge, Including .ny obllgltlon to mainllln Eslltlng Indebted""'
In good standing II required bilow, or lIeny lIclIon or proceeding II commlnced lhat would maleriallY .ffect LAnder'. Inter..lll In the PropeI1y. LAnder
on Gr.ntor's behalf may, but shall not be required 10, take .ny .ctlon that LAndor _ms .pproprlate. Any Imounl thai LAndor pPlndS In 10 doing wtII
bear In_t .t the rete charged under the Note Irom the date Incurred or p.ld by l.nder to the date of repayment by Grenlor. ,;A such pPI.... It
LAnder'a option. wiN (.) be p.y.ble on damand. (b) be .dded to lhe b.lance 01 the Nole .nd be .Pporttoned .mong .nd be payable with .ny
Intllllment p.yments 10 become due during IIllher (I) the term 01 .ny applicable Insurance policy or (II) the r.mainlng tarm of the Note. 01 (0) III
lrMted II e b.lloon p.ymenl which will be due .nd p.yable .tlhe Note's malurlty. Thll Mortg.ge 1110 will secur. p.yment of It_ .mounll. The
rlghll provided for In this p.r.gr.ph shall be In .ddlllon to .ny olher rights or Iny remedies to which LAnder may be entilted on ICCOUnt oflhe dellUlt.
Any such setlon by LAndor shall not be construed II curtng the det.ull so IS to bar lindei' ~om any remedy that It olherWlSe would have had.
WARRANTY; DEFENSE OF TIlU!. ThlIloIlowtng provisions rlliatlng to ow"""hlp of the Property .re. part ollhls Mortgege.
11tle. Gr.ntor wlfT1lnts that: (.) Gr.nlor holds good .nd nwk.lable title of record to lhe Property In 1M simple. IrM .nd clear of all liens Ind
.ncumbr.nces other lhan those III forth In lhe Rill Properly dllCrtption or In the ExIsting Indebledness section below or In Iny tllIe Insurance
policy. tllIe report. or "naltllle opinion Issued In tavor of. .nd acceplld by, LAndor In connactlon wllh this Mortgage. .nd (b) GrlIntor hu the lull
right. power. .nd .uthortty to exacule Ind deliver Ihls Mortgage 10 l.nder.
Delen.. 01 11\1e. Subject to the exception In the p.ragraph .bove. Gr.ntor w.rrsnts Ind will torever defend the tllIe to the PropeI1y 1ge1nsllhe
Iawiul ctalms 01 all paBons. In lheevent any Ictlon or prOC8lldlng Is commanc:ed thaI questions Grlnlor's tllle or lhelnlaresl 01 llndor undor Ihls
Mortgage. Granlor sh.1I defend the action II Grlnlor's lXPense. Gr.nlor may be lhe nominal party In such proceeding. bul LAndor shall III
.ntllled 10 p.rllclp.te In the proceeding and to be represented In the proceeding by coun'" ot lender's own choice. .nd Gr.ntor wtII dallver. or
cause to be dellvared. to LAndei' such Instrumlnts II LAndfor may requasllrom tlmI to time 10 plt'mll such p.rtlclp.tlon.
Compliance Wllh Law.. Gr.nlor wlITanls that lhe Property .nd Grantor's use 01 the Property compiles wilh all u1stlng applicable laws.
ordlnences, .nd regulations ot governmenlll euthartllas.
EXISTING INDEBTEDNESS. ThlI tollowlng provisions concerning existing Indebtedness (Ihe "Exlstlng Indebledness") .,. e pill of this Mortllllll.
Exlallng lien. The lI.n 01 Ihls Mortgage securtng the Indebledness may be secondary snd Intorlor to .n existing lien. Grlnlor IXPressly
COVlnents .nd ag..... to pay. or ... to the plymlnt of. the Exlstln:llndabtedness and to prevenl .ny deflult on such Indebtedness. .ny detlull
undor the Instruments IVIdenclng such Indebledness. or .ny deflult under any securtty documents lor such Indebtedness.
Deleull. If the p.ymenl of Iny Inslallmlnt of prtnclpal Of .ny Interest on the ExIsting Indebtedness Is nol made within thetlma requlrtld by tho nole
IVldenclng such Indebtedness. or should . deflull occur under the Inskumenl securtng such indebtedness .nd not be cured during Iny
.pptlcable grece period Ihnn, then, .t the option 01 LAnder. the Indebtedness secured by Ihls Mortgage shall becomllmmedlalaly due Ind
p.yable. .nd this Mortgage shall be In dollult.
No Modlllcllllon. Gr.ntor shall not .nlor Into Iny ag"",ment wllh the holder of any mortgsge or olher securtty eg"",,,,,,nt which has priority 0''''
this Mortgage by which that agrlllmlnt Is modinad. .mended. extandad. or renawed wllhoullhe prtor wrtltan consent of LAndor. Granlor shall
neither requast nor .ccaptlny luIure sdvances undol< any such security sgrlllment wllhout the prtor wrtllen consenl ot LAndei'.
CONDEMNATION. The following provisions rlliallng to condemnation of the Property sre a pert ot Ihls MorIgage.
Application 01 NI. Proceeda. II all or any part ot the Property Is condamnad by eminent dom.ln procllldlng. Of by Iny proceeding or PUrchall
in lieu 01 condemnation, Lender may It lis elactlon require Ihal ell or any portion ot the nel procllldS ot Ihe awerd bs Ipplled to lhelndebladness
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or the rlPaJr or ...Ior.tion ollhe Property. The nel proceeds oIlhe.ward lhallmesn lhelward .Itet plymenl 01 aM ac1ual cosls. __. Ind
Inornava' "'Inclmld by Lander In connection wllh the condamnation.
_'nga. If .ny prOCMdlng In condamnatio, Is nlad. Grlnlor lhel promptly notlfy Lander In WItting. Ind Grantor lhall promptly takl luch
IlapS u may be ~ to dallnd lhe.ction .nd oblaln the .ward. Gr.ntor may be the nominal parly In such prOCMdlng. but Lander IhalI be
entillad 10 pll1lclpate In the prOCMdlng and 10 be rapmanlad In the prOClllldlng by coul1lll 01 Its own choice. snd Grlnlor will _ or causa 10
be doII_lo Lander luch Il1lIlrumants II may b. requeslad by It !rom tima 10 tima 10 permI1luch partIcIp.tion.
tMPOSITION OF TAXES, FEES AHD CHARGES BY GOVERNMENTAL AUTHORITIES. The loIlowing provisions ralating to gO\lllll1manW taxes....
.nd charges 111. part 01 this Mor1gage:
CUrrenl T_.. Fees and ClIarge.. Upon requesl by Lander, Granlor shall ..ecut. luch documanls In Iddltion to this Mortgage .nd take
what....., olher actlon Is requeslad by Lander 10 I*fecl Ind continue Landar'a lien on the Real Property. Grlnlor lhall relmblJll8 Lander lor aM
Iaxss, u dercrlbed below. log.lher with lti exp.naealncurred In recording. perfecting or continuing Ihls Mortgage, Including wllhout Imllation all
Iaxss, .... documentary llamps. .nd olher charges for recording or reglslering this Mortgage.
T..... The IoIIowIng lhall consmute taxes 10 which Ihls aection applies: (I). specific tax upon IhIs type 01 Mortgage or upon II or .ny part 01
lhelndebtedneu secured by Ihls Mortgag.; (b) I :lPICIfIc tax on Grlnlor which Grlnlor Is .ulhortzlld or required to daduct !rom plyments on the
Indebtedness aecurad by IhIs Iyp. 01 Mortgsg.; (c) I tax on Ihls type 01 Mortgage chargeable agaInsl the Lander or the holder oIlhe Nola; Ind
(d). specific lax on all or Iny portion 01 lhelnd.bledneu or on plyments 01 principal .nd In_I mada by Grlnlor.
SUbaequenl T..... If Iny lax 10 which Ihls seellon spplles Ia enacted lubsequent to the date 01 this Mortglge. Ihls awnl shal have lhesame
elfect U In EIIt,"1 01 D.flult (.1 danned below). Ind Lander may ..ercIse Iny or II 01 Its IVlllable r.medIes for .n Event 01 OI'lull II provided
below unless Grlnlor ellher (I) plva the lax before It becomes dallnquenl, or (b) conlests the tax u provided above In the T.... Ind liens
aectJon Ind daposlts with Lander cash or. lufflclent corporal.lurely bond or other securily sallslactory 10 Lender.
SECURITY AGREEMENT; FINAHCING STATEMENTS. The IoIlowlng provisions relating to this Mortgag. u. aecurily Igreemenl are . part olthls
Mortgage.
Security Agreement. This Inslrumenllhalt conslllul. I aecur11y IgrlNlmentto the extenl .ny 01 the Property conlUlul.. flxturea or other perlonal
property, .nd Lander lhalt have all ollhe rights 01 . aecured p.rty under lha Uniform Com.-clal Coda II lmanded !rom time to time.
Security Intar.II. Upon requesl by Lander, Gr.ntor IhaH ..ecute nnanclng statements .nd lake whalever olher lcUon II requested by Lan'*' to
perfecl .nd continue Lender'1 aecur1ty Inlerest In the Rlnts .nd Personal Property. In .ddltion to recording this Mortgage In the real property
l1lCords. Lander may. .t Iny time .nd wllhoul lurther .ulhortzation !rom Gr.nlor. ftle ..ecuted counlerparts, coplea or reproductions 01 this
Mortgage u . ftnanclng llal.menl. Gr.ntor IhaH reimburse Lander lor all expenIM Incurred In I*fecting or continuing IhIs aecur1ty In_I.
Upon daf.ull. Granlor lhall usemble the Perlonal Property In . mannet .nd .1. place reasonably convenlenlto Gr.nlor Ind Lander and make II
.vallable 10 Lander wllhln Ihree (3) clava.ftar recelpl 01 Wltnln damand !rom Lander.
Addra..... The malltng sddressn 01 Gr.nlor (deblor) .nd Lander (aecurad plrty). !rom which Inlormallon concerning the aecurtly Inlenlsl
granlad by IhIs Mortgage may be oblalned (each u required by the Unllorm Cam_1 Coda), 111 u lleled on the IIBt p.ge 0I1h1s Mortgaga.
FURtHER ASSURAHCES; ATTORNEY-i_ACT. The following provisions relating 10 lurther lUurances .nd IlIomey-ln-1acl are . part 0I1h1s
Mortgage.
Further Aaeurance.. AI Iny lime. .nd !rom lime 10 time. upon requesl 01 Lender. Gr.nlor will mah. ..ecute .nd doIIver, or will causa to be
mada, _uted or dallvered. to Lander or 10 Land"s daalgnee. .nd when requesled by Lander, cause 10 be lIIed, 11lCOIdad, rallled, or
rsrecorded, u the case may be. .t luch timoo .nd In luch offices .nd pll_ u Lander may deem Ipproprtal.. .ny .nd a11luch mortgsges.
deeds oIlrual. aecurtly deeds, aecur11y .greements. ftnanclng ltallments, continuation lletemenls, Inslruments oIlur1her auurance. certllIca....
.nd olher documents II may, In lhelole opinion of Lander, be .-aary or desirable In order 10 Illecluala, complete, perIect. continue, or
p....... (.llhe obltgetions 01 Gr.nlor under the Nol.. Ihls Mortgage. .nd the Related Documents. Ind (b) lhe llena .nd aecurtty Inlerests
created by thla Mortg.g. on the Property. whether now owned or hereaner acquired by Granlor. Unless prohibited by lew or .greed 10 lhe
contrary by Lender In wr1l1ng. Gr.nlor lhall reimburse LInder for III costs Ind expenses Incurred In connecllon wllh the maUn ra_ to In this
parlgraph.
Allomey-ln-Fecl. If Gr.nlor lolls to do .ny of lhe Ihlngs rellllT1ld to In lhe preceding parlgraph, Lender may do so lor .nd In the nama 01
Granlor .nd .t Granlor's exp.nse. For luch PUfllOSlS. Grlnlor hereby Irrevocably .ppolnts Lender as Granlor's .nomey-ln-Iacl lor lhe PUfllose
01 making, ..ecuting. dellvortng. filing. l1lCordlng. snd doing all olher Ihlngs as may b. .-aary or deslrable. In Lander'a sole opinion. to
accompltsh the mallars relarred to In lhe preceding paragraph.
FlI.L PERFORMANCE. If Gr.ntor peva all thelndebtedl1l$S when du.. Hnd olherWlse performs all the obllgenons Imposed upon Granlor undar Ihls
Mortgage. Lander shallllllllCul. Ind deliver 10 Grenlor . lullable satislection of Ihls Mortglge and suitable llalements 01 lerminallon ol.ny ftnanclng
llalemenl on ftle .vldenclng Lender's security Inlereslln the Renls end the Personal Property. Grlntor will p.y, If permlned by applicable law, .ny
reasonable lermlnation lee II delermlned by L.nd.r !rom time to time.
DEfAtLT. Elch of lhelollowlng. allhe option 01 Lender. shall conslllul..n .venl 01 delaull ("'Evenl 01 OIflullj under Ihls Mortgegs:
Delaull on Ind.btedn.... Flllur. 01 Grantor to mak.lny Plym.nl when due on lhelndebl.dness.
Detaull on Oilier poymenl.. F.llura 01 Granlor wllhln lhe time required by Ihls Mortgeg. 10 make .ny p.yment lor Iaxss or Insurance. or .ny
other plyment IlICIIIIry 10 prevenl ftllng 01 or 10 .Ilect dlscharg. 0' eny lien.
Compliance OIlaull. F.llur.lo comply wllh sny olher term. obllg.tion. covenanl or condlllon conWned In Ihls Mortgag.. the Nola or In .ny oIlhe
Relalad Documents.
Breache.. Any warranly, repr_nletion or llalem.nl made or furnished 10 Lender by or on behalf 01 Gr.nlor under Ihls Mortgage.lhe Note or lhe
Relaled Oocumants ts, or ellhe time mada or lurnlshed was, false In Iny malerlal respect.
Inaolvency. The Insolvency 01 Grsntor, appolntmenl 01. receiver lor Iny part 01 Gr.ntor'l property. Iny assignment lor the benellt 01 cradltOB.
the commencemanl of .ny prOCllldl.1Q under eny blnkruplcy or Insolvency Ia.... by or agllnst Grantor, or the dissolution or Iermlnallon of
Gr.nlor'l exlsllnce II . going business (If Grenlor Is. busll1l$S). Exce~llo the ext.nl prohlbll8d by _lew or Pennsytvanle law, lhe dealh of
Gr.nlor (If Grentor Is .n Individual) also shalt conslllule In Event 01 O.'lull under Ihls Mortgage. How.....,. lhe death ollny Grlnlor will nof be In
Event 01 Deflult If II . result ollhe dealh of Grentor the Indebledness ts fully cover.d by credilll,. Insurlnce.
Forecloaure, Forfellur., elc. Commencement ollore.:losure or lorfeIlure proceedings. whelher by Judicial proceeding. sell-help. rapOS5lSslon or
.ny olher melhod. by eny creditor 01 Grenlor or by Iny governmenlel agency egelnst.ny ollhe Property. Howlver. Ihts subaectJon shaH not apply
In lhe.venl oil good fallh dlspul. by Granlor as 10 Ih. velldily or reasonableness 01 Ihe claim which Is 'ha blsls 01 the forectosure or l0I81ellure
prOCMdI!1g. provldad thai Grenlor gives L.nder wrlllen nollce 01 such claim .nd furnishes reserves or. sur.1y bond lor lhe claim sati,'ectory 10
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llteach 01 OIher Agreem.nl. Any breach by Granlor under lhe larms 0' .ny other .groement _een Grentor .nd Lender thells not _
Wlthln .ny grace period pro'llded lhereln. Including Without Umllation .ny .greemenl concernlng.ny Indebledness or other obligation 01 Grantor 10
Lender. whither ulsting now orlalat.
Exllllng Ind.btedn.... A del.ullshell occur under .ny Exlstinglndeblodl1ll8 or under .ny Inslrument on lhe Property secunng .ny Eldsting
Indebt.dness. or commencemenl of .ny sull or olher action 10 IDl1ICIose .ny ulsting lion on lhe Property.
Event. AIlecUng Guarentor. Any 01 the prec.dlng .....nls occtn With respect to .ny Guarenlor 01 .ny of thllndebledness or such Guarantor
dies or beco.- Incomp.t.nl.
In_urtty. Lender In good fallh doemsllselllnsecur..
RIGHTS AND REMEDtES ON DEFAlJ.T. Upon Ih. occurr.nce ol.ny E....nl 01 DeI.ull.nd.t .ny time lhereaner. L.nder. .1 lis option, may exercise
.ny one or more 0' lhe loIlowlng righls .nd remodl... In .ddlllon to .ny olt... rlghls or romedles pro'llded by I.w:
Acceleral. Ind.btedn.... SubJect 10 appllcebl. law, LendB< .hell he.... IhI right .t Its opUon Without nolleo 10 Gr.ntor 10 declaro lhe .ntiro
Indebledness Immediately due .nd pay.ble.
UCC R.medl... Wllh r..peel to .11 or .ny pari of thl Per1on.1 Property, Lender shell he.... all the rtghts and r.medles 01 . secured party under
lhe Unllorm Commercial Code.
C4llecl R.nt.. Lender shalt he.... the right. wllhout notice to Gr.nlor. 10 lak. possession 0' the Property .nd collectlhe Rents. Including .mounll
pul due .nd Unp.ld. .nd .pply lhe net proceeds. over .nd .bo.... Lend..... costs. agaln.tlhe Indebledness. In furtherence 0' IhIs righI, Lender
may raqulro .ny Iananl or olher user 01 the Prop.rty 10 make p.ymenll 01 ronl or use lees dlrectiy 10 Lender. Illhe R.nll are collected by Lender.
lhen Granlor lIT.vocably deslgn.t.. LendOl os Gr.nlor'. .lIorney..ln-lacl to end""" Ins!rumenls ".:elved In p.ymenl 1_ In the name 01
Gr.ntor .nd 10 negollat. the same .nd colleclthe proceeds. P.ymenll by Iananls or olher users to L.nder In rapo"",, to Lender'. demand sheU
salJ1fy lhe obligations 10< which the p.yment. ere mad., whfolher or nol .ny propB< ground. 10< the demand .xlslad. Lender may IllIfClse III
rights under Ihlssubp.r.gr.ph either In plmon. by .g.nl, or through . _.
Appolnt Receiver. L.nder.halt he.... the righl to he.... . receiver .ppolnted to t.ke possession 0' .U 0< .ny pari 01 the Property, Wllh the pow<< to
pror.ct .nd p_ the Property, to oper.t. Ih. Property preceding fo<ee1osuro or sale. .nd to collect the Renls from the Property .nd appfy lhe
proceeds. over .nd abo.... lhe cosl 01 lhe receivership. .galn.t the Indebtedness. TIle receiver may .... Without bond II permllted by law.
Lender'. righl to lhe .ppolntmenl 01 . receiver .hell exl.1 whether 0< nol lhe .pparenl value 0' the Property exceeds the Indeblednesa by .
subslanllal.mounl. Employmenl by L.nder sh.1I not disqualify. per10n from ll8nI1ng os . recel.....
Judlctel FOlecloeuro. Lender may oblaln . judlclal decreelorecloslng Oronlar'slnler..tln .U 0< .ny pari 01 the Property.
Poue_ 01 th. Property. Forlhe purpose 0' procunng possession 01 the Property. Gr.nlo< heroby .uth_ .nd .mpowers .ny .norney 01
.ny court 0' rlCord In the Communweallh 01 Penn.yIv.nla or elsewhere. os .norney for Lender .nd .U person. cl.lmlng under or through Lender.
to sign .n .greemenl for .nter1ng In .ny comp.tenl court .n .mlcable .ction In .jectmenl for possession of lhe Property .nd 10 appear lor .nd
conlon Judgment .galn.t Gr.nlor, .nd .galn.1 .11 persons claJmlng under or through Gr.ntor. for lhe rlCovery by L.nder 01 possession 01 the
Property, Without .ny slay 01 execution. fo< which Ihls Mortgag.. or . copy of this Mortgage vertlled by .ltIda'llt. shalt be . sultlclent wllTOnt: .nd
thereupon. WI1\ 01 possession may be lslued forthWllh, Wlthout.ny pnor wrll or proceeding whetsoever.
NonJudlctel Sole. II permmed by applicable law. Lender may foreelose Grantar'. IntB<..t In .U or In .ny pert ollhe PonIonal Property or lhe Real
Property by nonjudlclal sale.
Denclency Judgment. Lender may oblaln . Judgment lor any d.lIclency remalnlng In lhe Indebledness due 10 Lender .1Iar application 01 aU
.mounls received from Ih. exercise 01 the rights pro'llded In Ihl. section.
Tenancy .. Sullerenc.. II Gr.nlor remeln. In possession otthe Propu1y .ner the Property I. sold os pro'llded abo.... or Lender otherwise
becomes .ntilled to possession of the Property upon d.'.ull 01 Grantor. Granlor .hell become a t.na"l.t .uller._ 01 Lender or lhe purchaHr of
lhe Property .nd shall. ., Lender'. opUon. ellhOl (.) pay e ree.onable r.nlllJ lor the use of lhe Property. or (b) vacele the Property Immodlalely
upon the demand of Lender.
Other R.medl.s. Lender .hell he.... .U olhOl nghls and r.medles pro'llded In Ihls Mortgege or the Nole or .vallable allaw or In aquily.
Sole 01 \he Property. To the ext.nl perm,"ed by applicable law. Grantor ""'.by w.lves .ny and aU right to he.... the property ITIlmhaJled. In
exercising lis rights .nd r.m.dl... Lender .hell b. free 10 soil .11 or any pari of lhe Property logether 0< separ.!eIy. In one sale or by separate
seles. Lender.haU be .ntllled to bid ., .ny public sale on aU or any pOftion of lhe Property.
HaUc. olllal.. Lender shall give Granlo< rea.onable notice of lhe time and place 01 any public sale 01 the Per10nal Property or ollhe time .nOl
which .ny pn....1a sale 0< other Inl.nd.d dl.poslllon 01 the PeBonal Properly Is 10 be made. Unless olherwlse requlred by applicable law.
rlIU<lnable notlce shalt mean nolleo given 4t tee.tlen (10) days b.lore lhe nme of lhe sale 0< dlsposlUon.
Welver; ElecUon 01 R.medlo.. A waiver by any party 01 a breach 01 a provision ollhls Mortllllge .hell nol COMlltut. . w.lver 01 or prejudice lhe
party's rtghls otherwise to d.mand .Irlcl compll.nce Wllh thet provision or any olher provision. EIecUon by Lender 10 pu",.. .ny romedy IheN nol
excfude pu"'ult ol.ny olher r.medy, .nd en .Iectlon 10 make expendllur.. or lake action 10 perform .n obllgaUon 01 Gr.ntor under IhIs Mortllllg.
.1Iar fJUuro 0' Grantor to perform .halt nol aHect L.nder'. right 10 declare a delault end exercise lis remedies under Ihls Mortllllge.
A"omey.' Feea; Expen.... If L.nder IMlllul.. any sull or action to .nt0tC8 .ny oIlhe terms 0' this Mortgage. L.nder shaU be .ntilled 10 recover
such sum u the cour! may .dJudge rea.onable os .norneys' lees. .1 trtaJ .nd 0' .ny .ppeal. Whelher or nol .ny court action Ie Involved. .11
rea.onable expenses Incurred by Lender lhelln Lender'. opinion are necessary .t eny lime for the protecUon of IlIlnlerest or the enforcement 01
lis righls shalt become. pari ollhe Indebt.dness payable on demand and .haIl bear Int.....t ~om the dala 01 expendilan until ropald .t the Nol.
r.te. Expon... cover.d by thl. par.gr.ph Include. wllhout limitation. how.ver .ubjecllo .ny IImlls under .ppllcable law. Lender's .nomeys' fees
f"" .nd Le"der'.1egat exp.n... whether or nollher. I. . lawsuit, Including .lIorneyo' f_ lor b.nkruplcy proceeding. (Including .lIorts to modify or
~ vocal. .ny .ulomatlc slay orin/unction). .ppeal. .nd .ny .nllelp.ted post-Judgment collecllon servIcn. the cosl of S88Il:hlng records. oblaJnlng
C tille reports (Including fDl1lClosure reports). .UrYIyoB' reports. and .pprelsal f.... and tllle In.ur.nce. 10 the ext.nl permllled by .ppllcable law.
'-i Grenlor also will p.y .ny cour! cosls.ln .ddltlon to .11 olher .urns provided by law.
""
g NOTICES TO GRANTOR AND OTHER PARTtES. Unless otherwise pro'llded by .ppllcable law. .ny notice under Ihls Mortgaga shalt be In wrtUng .nd
= .haIl be ellec1l.... when .clu.lly delivered or. It m.lI.d. .heU be deemed ellectlve when deposlled In lhe Unlled Sial.. malllIBt ctess. reglslarod mall.
posLtge prep.ld. directed 10 lhe .ddresses .hown near the beglnnlng 01 Ihls Mortgeg.. Any party may chenge lis .dd.... lor nollcas under this
Mortllllge by gMng formal wrm.n notice to lhe olher parlles. PjlOCllylng thellhe purpose of lhe nolleo I. to chenge lhe party'. .dd..... All copies of
nolle.. of foreclosure ~om Ihe holder of .ny lI.n which has pnortfy over this Mortgag. .hell be senllo L.nder'. address, os .hown near lhe beginning
01 thl. Mortgage. Fo< nolle. purposes. Grenlo< .gr.... to keep Lender Informed at all limes 01 Gr.nlor'. curr.nl.ddr....
..-f
I:.::l
u')
~
'-"
u;
MORTGAGE
(ConUnued)
Plge 8
MISca.LAHEOUS PROVISIONS. The 100Iowlng miscollaneous provisions Ilr8 . pari of Ihls Mortgage:
Amendmen\8. ThIs Mortgage. 1000alher wilh .ny Rolaled Documents. conatilulGa the ontir. undonlandlng and agreemen; of lho p.11Ioo II 10 lhe
man," 101 forth In thla Mortgage. No oller.llon 01 01 amendmenllo Ihls Mortgego lhall bo alfocUve unless given In writing and a1gnod by the
party 01 p.r11oo lOughllo bo charged 01 bound by lho .lIeration 01 amendmenl.
AppIlcablo lftI. Thl. Matllllgo haI boon dollvered to Land.. and 8CCOpled by L.nder In .he Commonw.lllh 01 Pennaylvanla. Thl.
Matllllgo 1IIa11 be IIOv.med by ond conatrued In ICco<danco wllh .he ..... ollhe Commonwlallh 01 Pennaylvanlo.
eapUDn Hoadlnga. CapUon holdings In Ihll Mortgago aro 101 convenience purposes only .nd .re nol 10 be U10d 10 Inlerprel or doftno lhe
provlslona 01 Ihls Mortgago.
Mofgo,. n.or. aheY b. on merger of the Inler..1 01 eslalo crllted by IhIs Mar1ll1ge wilh .ny olher Inler..1 01 eslala In the Properly al any time
held by 01 lor' the beneftt 01 L.nd.. In .ny capacity. wllhoullhe wnn.n consonl of Lander.
Mulllple PIl1IIL All obllgationl 01 Gr.nlOl und.. Ihls Mortlllgo ahall be 100nl and IOver.I. and aU raf...ncoa 10 Gr.nlOllhall mean each .nd
.very GranlOl. Thla meanalhalllch of the po,.ona a1gnlng below Ia roapoflSlble 101 II' obllgatio"aln IhIs Mortlllge.
IIv..ablllty. If. court 01 comp.l.nl Jurisdiction "ndl any provlllon of IhIs Mortlllge 10 be Invalid 01 unenl~ble .a 10 any porIOn 01
cl<cumllance. luch "ndlng lhall nol render that provlslon Invalid 01 unenl~ble aa 10 any olher persons 01 clrCUmllancoa. If foUlble. .ny luch
an.ndlng provlllon lhall b. deem.d 10 be modlftod to be wllhln the limits 01 .nlorceablllty 01 validity: how.ver. 1I1ht. otlendlng prOvtllon cannol be
10 modlllod. II ahall b. slrlCk.n and aU olher provlslons 01 IhIs Mortlllge In aU olher respects IhaY r.maln vaUd and .nlorceable.
lucc.ua,. and AIaIgn.. SubJecllo the IImllallons llaled In Ihla Mar1g.ge an Ir.ns'" of Granlor'llnl"..I, Ihls Mortlllge lhall be binding upon
and InUl. to the beneftl 01 the partl... lhelr hel,.. personal rep....nIaU.... IUCC"Sars .nd assigns. If oWnlf1hlp 01 the Property beeomea _led
In. person olher lhan Gr.nlor. Landar. wllhoul nollco 10 GranlOl. may deeI Wllh OranlOl'1 succossars wllh reler.nce 10 Ihll Mortgage .nd lho
Indebledneu by w,y 01 larbllr.nco or o><1.nslon wllhout releaslng Or.nlOl ham Ih. obligations 01 Ihls Mortg.g. 01 liability under the
Indebledneu.
TIme I. ol'he Euo.,e.. TIme Is ollhe ....nc. In Iho pnrlormonco ollhls Mar1g.g..
Wllver. and eonlOnla. Lander shall nol b. deem.d 10 have w.lved any rights under Ihls Mortgag. (01 und.. lhe RoIaled Documenls) Unloss
luch waiver Ia In wrillng and signed by L.ndor. No doloy 01 omission on lho part 01 Lond.. In exorcislng any righllhall op..alo II . w.lver of
luch righl 01 .ny olher righ!. A waiver by any party 01 . provlslon 01 this Mar1ll1g. lhall nol eonstilul. . waiver 01 01 prejudice lho party'1 right
olhorWlSO 10 demand slrlCt compliance wllh 11141 provlslon 01 any olher provision. No priOl waiver by L.nder. nOl .ny eouno 01 deIIIng between
LAndor and Gr.nIOl, ahall eonsUlul. . waiver 01 .ny 01 Landel's righls 01 any 01 Granlor'a obllgollons .s 10 any lulur. lr.naacUona. Whonever
eonsonl by Landor Is required In Ihls Mar1gag.. lhe granllng 01 such eonsont by L.ndar In any Instance shall nol consUlul. eonUnulng eonsont 10
subsoquenllnslancos wh... luch consonlls required.
EACH GRANTOR ACKNOWLEDGES HAVING READ AU. THE PROVISIONS OF THIS MORTGAOE, AND EACH ORANTOR AOREES TO ITS
TERMI.
GRANTOR:
lL <~ -d: f0t/od1."~ !\At>.
Roboil D. HocIc.nbeny (,j
Sl and d
) ~
(SEAL)
x ~\...O(~ f- -If'rrlr''nhn''j
lacy E. nbony
ISEALI
x
Wltno..
CERTIFICATE OF RESIDENCE
I hereby certlty. that lhe preciso .ddress ollho mortgagee. Fermera Trual Company. h..oIn Is aslallows:
OnoW..,HlghSI'..I,CalII....PA 17013 i"'\ C' j i .
( 1., ~ 1\ :f)1{tfif"
--;;1 ~I"'",V ",...nt r ... lOO'llo.
,
~ 10!)'i P~CE Sfi?
PROMISSORY NOTE
Prlnctpal
702.32
Loan Date Maturity Loan No
10-25-1997
Account
Rer....nces In the ahaded area .r. rot lender's use onl
articular loan or Ilam.
Borrower: Rollerl D. HocIclnllerry
SI8cy Eo HocIclnllerry
:117 _ ROlld
Nowvme, PA ln41
Lender: F_I TruaI Compeny
Norlh Mlddlelon 0Ilk:e
One Will HQIl Slreel
C..UoIe, PA 17013
Principal Amount: $7,702.32 Interest Rate: 8.250% Date 0' Note: October 20, 1992
PROMISE TO PAY. 1 promlee 10 pay to Fannerl Trull Compeny ("lendor"), Of' order, In lewful .-..y ollhe united SlallS el AmelIca, \he
principal emounl 01 Sevin Thouoand Sevin Hundred TWo . :I:lIloo DoU... (17,702.:1:2), logolllef with Inlorollal \he rale 0I'.250~ pet 8IIl1um
on \he unpaid principal belancl from Oclober 28, 1m, unlll paid In lull.
PAYMENT. 1 Will pay thl. loan In 10 paymlnl. 01 $117.10 oar:h paymenl. My lInl paymenll. due Novlmber 25. 1m, end 011 ..boequenl
paymanl. ore due on the """e dey oleech monlh Inor that. My nnal paymenl wllllle due on Oclober 25, 111I7, end wllllle lot all principal end
alleccrued Inlerell nol YII paid. Peymenlalncludl principal and Inlerell. In_I an Ihls Nals Is campuled an I 30/360 slmple Inloresl bull: lhal
Is, wllh lhe _Uan 01 odd days In the "111 paymenl period. monlhly Inloreslls calculaled by applying lhe raUo 01 lhe Innuolln_1 rals ~ a )WT
of 360 days. Umes lhe autslsndlng princlpal balancl. Umes I monlh of 30 days. Inlarlll for lhe odd days Is calculaled an lhe basis Dlthe actuol days
10 lhe next full manlh and I 360-day year. I will pay Linder II Landor'. addrasa .hown obove or al such alher place u Linder may doslgnals in
wriUng. Unlosl olherwlse Igreed or required by Ippllcable law, plymenls will be applied 11I1110 occruod unplld Inlerlll, lhen 10 princlpal. and any
ramalnlng amounllo any unpaid collecUan casts and lal. Chargll.
PREPAYMENT. I may pay w,thaul plnalty all or I por1lan allhe Imaunl awed ooriler than Ills due. Elriy plyments will nal. unleu Igreed 10 by
Linder In wrillng. relieve m. 01 my obllgallan 10 canllnu. 10 maks payments under lhe paym.nl schedul.. Ralher. lhey will reduce lhe princlpli
balance due and may resullln my making Ilwllt' payments.
DEfAlJ.T. I will be In delaullll .ny 01 lhe following happ<lns: Ca) I fall 10 make any paymenl when due. (b) I break any promise I have made 10
Linder, or I lallla perform pramplly allh. 11m. and slriclly In lhe manner provided In Ihls Nota or any Iglll8menl relat.d 10 Ihls Nals. or In any olher
agreement or loan I have wllh Lander. (c) Any reprasenlaUan or .Islemenl made or furnished 10 Lander by me or on my b.hallls false or _ding In
any malsrtaJ respect. (d) 1 die or became Insalvenl. a receiver I. appolnled for any pari 01 my properly. I make an assIgnmenl for lhe bene", 01
credllors, or sny proceeding Is commenced .Uher by me or .gainsl me under any bankruptcy or InsoIwncy laws. How.ver. my dealh will nal be an
.venl 01 delaullll u a resull of lhe death lhe Indebl.dnessls fully covered by credlllll.lnsursnce. (e) Any credllor Irtes 10 lake .ny of my properly an
or In which Linder has a lien or security Inleresl. This Includes a garnlshmenl of any 01 my accounts wllh Lander. (Q Any of lhe .Vlnts described In
Ihls defaull secllan aceUII wllh r8Ip9Clto any gusranlor 01 Ihls Nol.. Cg) Lander In good IlIth deems IIself Insecure.
LENDER'S RIGHTS, Upon d.laull. L.nder may declare lhe .nllre unpaid princlpal balance on thts Noll and .N a=ued unpaid Inlaresllmmedlalely
due. w1thoul nallce. and lhen I will pay lhal amounl. Lander may hlra or pay someone else 10 help collecllhls Nols III do nal pay. I also will pay
Lander thaI amounl. This Includes. subjeclla any limits under Ippllcable law. Landor's a"orneys' '- and Lander's \egaJ expenses whather or nal
lherl Is a lawsuit, Inr.ludlng a"orneys' '- and legal expenses for bankruptcy prOC8edings (Including eflor1s 10 modlty or vacatl any aulamallc slay or
Injuncllon), appeals. and any anllclp.l.d pasl-Judgmenl collecUon servtces. If nal prohlbll.d by applicable law. I also wiN pay any cowl cosls. In
addlllan to all olher sums provided by law. If Judgm.nlls .nlared In connection wllh IhIs Nals, Inloresl will conUnue 10 accrue an IhIs Nols aJler
judgment al lhe exlsUng Inl_1 rals provided for In IhIs Nols. Thll Nole hu baen dellvored 10 Landor end .:cepled by Lander In Ihe
Commonwlellh 01 Penneylvanla. II Ihere I. a lawaull, I e_ upon Lander'a l8oluelllo aubmlllo \he lurladlc\lon 01 \he COlIr1I 01 CUmbef1lrK:
County, \he Commonweallh 01 Pennaylvanla. Thll Noll _I Ile lIOvemecl by and conalruacl In accordance with Ihe Iawl 01 \he
Commonweallh 01 Plnneylvanla.
RIGHT OF SETOFF. I granllo Lender a cantracluol POll8llOlY security Inlareslln, and hereby assign. conlllY. daIlver. pledgo, and transfer 10 Lander
III my righI, III1e and InllllllSlln and la, my .ccounls wilh Lender (wh.ther checking. saving.. or some alher accounl). Including wllhaut UmilaUan all
accounts held jolnUy wllh someone else Ind aU accounts I may open In lhe lulure. lIllCIudlng however all IRA, Keogh. and trusl accounts. I authar1z8
Lender, to lhe ext.nl perml".d by appllcabl.law. 10 charg. or selall allsu,"" owing on Ihls Nals .gainsllny and III.uch accounts.
COl.J.ATERAL. This Nale Is secured by a Martg.g. dal.d October 20. 1992. 10 Lander on real prapert, localed In Cumberland County.
Commonweallh of Pennsylvania. all the lerms and candlllans 01 which 8111 hereby Incorporaled .nd made a part 01 Ihls Nol..
GENERAl. PROVISIONS. L.nder may d.lay or forgo .nforclng .ny 01 lis rights or r.medles under this Nal. wllhaulloslng lhem. I and any alher
p8fSan who signs. guar.nl.... '" .nda.... Ihls Not.. 10 lhe ext.nl .lIawed by law. wallll p....ntmenl. demand for payment. pralesl and nob 01
dishonor. Upon any change In the I.rms allhls Nal.. .nd unlosl alherwlse expressly slaled In wrillng. no party who signs IhIs Nal.. whelher u maker,
guaranlor. accammodallan maker or .ndDfSer. sh.1I b. releesed ~am liability. All such par1Ies aglll8lhalLander may renew or extend C_lsdIy and
lor any lenglh 01 lime) Ihls loan. or r.l.... any p.rty or guaranlor or collalerll: or Impair. fall 10 reaUze upon or perleclLandor's security Inlsreslln lhe
collaleral: .nd Iak. any oth.r .cllan deem ad necessary by L.nder wllhaulthe cansenl of or nallea 10 anyone. All such parties also aglll8 IhaILandel'
may modlty Ihls loan wllhoulth. cansenl of or nallc. 10 .nyane ather lhan lhe party wllh wham lhe modlJlcaUan Is made.The obllgallans under Ihls
Nal. are jolnl and several. This meanslhallh. wards '". 'rne". and 'my" moon each .nd all of lhe persons signing below.
PRIOR TO SIGNING THIS NOTE, I. AND EACH OF US, READ AND UNDERSTOOD AU. THE PROVISIONS OF THIS NOTE. I, AND EACH OF US,
AGREE TO THE TERMS OF THE NOTE AND ACKNOWlEDGE RECEIPT OF A COIoiPLETED COPY OF THE NOTE.
BORROWER:
-.
(SEAl.)
(SEAL)
Rollert D. Hocl<enbeny
FIx.d R.I.. In,lallm.n!.
... T.M. 011., V.,. 3.10tc111l1l2 CFI B.nll,,. 6<<v1C.Otoup,lnc. Allrlghllr.urnd.IPA-020 HOCKERQ.LNA21.0Vll
r~
1OJ1/9.271
NOTICE OF INTENTION TO FORECLOSE MORTGAGE
u_o..___.______
TO:
Robert D. Hiokenbet't'Y
297 Shed Road
Newville, PA. 17241
DalO 01 NUllco__Sept~.!;1!1r_~6,_W6
Loan No. _400l!n9~
The MORTGAGE held by .J"~~l!rll}'t"l!8~~c.J11Il8!lL!.._\o!.._Hi~ Street carlisle, PA. 17013
~er~:~~e'-~~:..l:_S_~r~U~SI on you:..r'ro~erty lo~a~ed al -~~~~rJ, RpA~ 17241 _
IS IN SERIOUS DEFAULT because you have not made the monthly paymefll's of S 157.10
forrhe months of July 199~.____._, ...AlJ&I!9..L! 996 , and ._~t;!p!.~l:l!lr 1996
and/or because
Late charges and other charges have also accrued to this date in the amount of . 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, is $ 471.JO
You mgy cure this default within THIRTY (30) DA Y.> of tha data of this latter, by paying to us tha above amount
of S 1+71.JQ______, plus any additional monthly payments and late charge which may fall due during this
period. Such payment must be made either by cash, cashier's check, certified check or money order, and made at
~armers 'f~st ~!1y-LI!.._lii&.tLS.trgeLCadis1el_E',4.. 17013 .
If you do not cure the default within THIRTY (30) DAYS, we intand 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 THIRTY (30) DAYS, we also intand to instruct our attorneys to start a
lawsuit to foreclose your mortgaged property. If the mortgage is foreclosad your mortgaged property will be sold by
the Sheriff to payoff the mortgage debt. If we refar 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 S50.00. 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 sale at any time up to one hour bafore the Sheriff's foreclosura sale.
You may do so by paying the total amount of the unpaid monthly payments plus any late or other charges thon due,
as well as the reasonable attorney's fees and costs connected with the foreclosure sale and perform any other require-
ments under the mortgage. It is estimated that the earliest date that such a Sheriff's sale could be held would be
approximately DE;C...1996 . A notice of the date of the Sheriff sale will be sent to you before the sale. Of course,
the amount needed to curl! the default will increase the longer you ~ait. You m<rL find out at any time exactly what
the required payment will be by calling us at the following number: 111-241-77)'1. This payment must be in cash,
cashier's check. certified check or money order and made payable to us at the address stated above.
You should realize that a Sheriff's sale will end your ownership of the mortgaged property and your right to remain
in it. I f you continue to live in the property after the Sheriff's sale, a lawsuit could be started to evict you.
You have 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 PR0PERTY 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 REQUIRE-
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 THE RIGHT TO ASSERT IN THE F'ORECLOSURE
PROCEEDINGS THE NON-EXISTENCE OF A DEFAULT OR ANY OTHER DEF{:NSE YOlliMAjY HAVE TO
ACCELERATION OR FORECLOSUR / i '-J
EXHIBIT
If YOt/ cure rhe defat/It. the mortgag
you are not entitled 10 this right to cure I
l)
NOTICE OF INTEN7}Ol,!!gJQ'!E~~g~f M_C!.-'i!9A~E
TO:
Stac~ E. Hockenberry
297 heel Road
Newville, PA. 17241
Date of NOlice .sept~~t: 261__1996
N 40049294
Loan o. __~__._...~_
The MORTGAGE held by _~ar1T!eE'~u!):1Jst ~~LLW. H!~Street Clarlisle. PA. 17013
(hereinafter we, us or ours) on your property located at _297 Sh~LR.Q!ld __
-- ------------. Newvi-l-la,-PA..-t-7241
IS IN SERIOUS DEFAULT because you have not made the monthly payments of $ -l-57.-W
for the months of July 1996._._ AllgJ,qL199fi ,and ..sPp''''''~\:' lS96
and/or because
Late charges and other charges have also accrued to this date in the amount of . 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
lelter, is $ 471.30. .
You Wi/Y (ure this default within THIRTY (30) DA YS of the date of this letter, by paying to us the above amount
of $ 4/1.3u , plus any additional monthly payments and late charge which may fall due during this
period. Such payment must be made either by cash, cashier's check, certified check or money order, and made at
~'armers frus t company 1 W. High S treeLCarlisle, PA. 1 7011 .
If you do not cure the default within THIRTY (30) DAYS, Wl1 intend to exercise our right to accelerate the
mongage 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 ~ayment of
the amount of default is not made within THIRTY (30) DAYS, we also intend to instruct our attorneys to start a
lawsuit to foreclose your mortgaged property. If the mortgage is foreclosed your mongaged 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 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 $50.00. 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 wilt 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 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 under the mortgage. It is estimated that the earliest date that such a Sheriff's sale could be held would be
approximately DEe 1996 . 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 mall find out at any time exactly what
the required payment will be by calling us at the fOllowing number: 717-241-7759. This payment must be in cash,
cashier's check. certified check or money order and made payable to us at the address stated above.
You should realize that a Sheriff's sale will end your ownership of the mortgaged property and your right to remain
in it. If you continue to live in the property after the Sheriff's sale, a lawsuit could be started to evict you.
YO'J have additional rrghts 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 PAID PRIOR TO OR AT THE SALE, AND THAT THE OTHER REQUIRE.
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 THE RIGHT TO ASSERT IN THE FORECLOSURE
PROCEEDINGS THE NON.EXISTENCE OF A DEFAULT OR ANY OTHER DEFENSE YOU MAY HAVE TO
ACCELERATION OR FORECLOS
EXHIBIT
If you cure the default. the mort I
you are not entitled to this right to c
-
6
e same position as i/no default had 0 curfed. However,
n three times' a;(y ca nd r year. "
Bv ...
ac!, . :i1ltClli son-Collc:C:lOn
"".,
N I ~ Ill""_~"J Il,; ,...~".
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 AND
HELP YOU MAKE FUTURE MORTGAGE PAYMENTS
40049294 Date: September 26, 1996
'fO: Stacy E. Hockenberrv 297 Shed Road Newville, PA_ 17741
FROM: Farmers 'frust CanPlll1V 1 W. Hiah Street &..11"),,, PA. 171111
You mey be eUglble for flnerlcle' e..'stsnce thst will prevent foreclosure on your mortgege If you comply with the
provisions of the Homsownsrs' Emergsncy Mortgege A..lstence Act of 1983 (lhe 0 ActO). You mey be eUglble for emergency
temporery e..lltenc. If your d.fault hes be.n ceuled by clrcum.tance. b.yond your control, you hava II r.esonabl.
prosp.ct of r.sumlng your mortgsg. payments, end If you meet other .lfglblllty requirements established by the
P.nnsylvsnla Hou.lng Flnsnc. Ag.ncy. Pl.... reed alf of this Notlcs. It cont.lns en .xpleneUon of your rights.
Under the Act. you are enlltled to a temporary stay of loreclosure on your mortgage lor thirty (30) days Irom the date of this
Notice. During that time you must arrsnge and attend a 'face-to.face' meeting with a representallva 01 this lender. or wllh a
daslgnated consumer credit counseling agency. The purpose of thl~ meellng Is to attsmptto work out a repayment plan. or to
otherwise settle your delinquency. This meellng must occur In the next thirty (30) days.
If you attend a face-to.lace meellng with this lender, or with a consumer credit counseling agency IdentUled In this notice. no
'urther proceeding In mortgsge 'ore closure may take place for thirty (30) days after the date 0' this meeting.
The name. address end telephone number 0' our representallve Is:
Jack VI Hutchison
1 W. H gh Street
Carlisle, PA. 1701,
Telephone Number: 717-241-7759
The name(s). address(es). and phone numbers 01 (a) designated consumer credit counseling agency(les) Is (are):
YWCA
301 G, Street
Carlisle, PA, 1/013
Ills only necessary to schedule one lace-to. face meellng. You should advise this lender Immediately of your Intentions.
Your mortgege Is In delault becsuse you hsve 'ailed to pay promplly InstqllmelJ.t~ of principal and Inlerest. as required. for a
period of at least sixty (60) days. The total amounl of lhe delinquency Is $ 471, JU . That sum Includes
tha following:
3 Monthlv D8'llnents of $ 1,)7.1ll PRC'h fnr thp Mnnths nf July 1996, .^.\l~Elt 1998, BACl
:septBlloor 19')6,
Your mortgage Is also In default for the following leasons:
If you have tried and are unable to resolve lhls problem at or after your face-to. face meellng. you have the right 10 apply 'or
financial ass Is lance Irom the Homeowners' Emergency Morlgage Assistance Fund. In order to do this, you must fill out, sign and
lIIe a completed Homeowners' Emergency Assistance Appllcallon with one olthe designated consumer credit counseling agencies
IIstod above. An eppllcallon for assistance may only be obtalnsd from a consumer credit counseling agency. The consumer credit
counseling agency will assist you In IIIl1ng out your application and will submit your complsted application to the Pennsylvania
Housing Finance Agency. Your appllcallon must be lIIed or postmarked. within thirty (30) days 01 your 'ace.to.lace meellng.
Ills exlremely Imporlanllhst you liIe your application promplly. If you do nol do so. or If you do nol follow the other lime periods
sel forth In Ihls letter. foreclosure may proceed against your home Immediately.
Available 'unds for emergency morlgage asslslance are very limited. They will be disbursed by lhe Agency under lhe eligibility
criteria established by the Act.
Ills extremely Important that your appllcallon be accurate and complete In every respect. The Pennsylvania Hou$lng Finance
Agency has sixty (60) days to make a decision after II receives your appllcallon. During that additional lime. no foreclosure
proceedings will be pursued egalnst you If you have melthe lime requirements set forth above. You will be notified dlreclly by that
Agency of lis dsclslon on your appllcallon.
The Pennsylvania Housing Finance Agency Is located at 2101 North Front Streel. Post Office Box 15530, Harrisburg. Pennsylvania
17105. Telephone No. (717) 780-3800 or 1.800.342.2397 (toll free number). Persons wllh Impaired hearing can call (717) 700.1869.
In addlllon you may receive anolher nollce from this lender under Act 6 of 1974. That nollce Is called the 'Nollce of Inlenllon to
Foreclosurs'. You must read bolh nollce.s. since the both ex lain rig hIs that you now havEl under Pennsylvania law. However. If
you choose to exercise your rights descrlb T t be foreclosed upon while you are receiving thai esslstance
EXHIBI .. ..'
I f ~~IYYO~~___
.''''e L2""l",,"C" loc."'" UW",
The Pannsylvanla Housing Finance Agency can be reached TOll FREE at 1 (800) 342.2397.
RE: Accounl 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 AND
HELP YOU MAKE FUTURE MORTGAGE PAYMENTS
__A.~<)2':J4_.__.________ __. Dale: s.~Q~en"-'e.f..l!JLll)9L___
-..__._----~---.~._--,---
TO: Robet't O. Hockenberry 297 Shed Road Newvil.le.J'A.....lZ2.4I
FROM: Farmers Trust Ccxnpany I W. Hii/,h Street Carliale...PA. 171l1l
You may b. .lIglbl. far flnanclal aulstanc. that will prevent foreclosur. on your mortgage If you comply with th.
provlllon. of th. Ham.own.ra' Em.rg.ncy Mortgag. Aulslsnce Act of 1983 (th. "Act"). You m.y b. .lIglbl. for .m.rg.ncy
t.mpor.ry "llstanca If your d.fault has been causad by clrcumstanc.e beyond your control, you have a rUlonabla
prolp.ct of relumlng your mortgage paymente, and If you m..t ath.r .Uglblllty r.qulr.m.nta .,tabUlh.d by th.
P.nnlylvanla Housing Flnanc. Agency. Pl.... read aU of thl. Notlc.. It contalnl an ..planatlon 01 your rlghtl.
Under the Act, you are entitled to a temporary slay 01 foreclosure on your mortgage for thirty (30) days from the date 01 this
Notice. During that time you musl arrange and aUend a 'lace'lo-Iace' meellng with a representallve 01 this lender. or with a
designated consumer credit counseling agency. The purposa 01 this meeting Is 10 attempt to work out a repayment plan. or to
olherwlse settle your delinquency. This meeting must occur In the next thirty (30) days.
If you attend a face-to-lace meellng with Ihls lender. or with a consumer credit counseling agency Identified In this notice. no
lurther proceeding In mortgage loreclosure may lake piece lor thirty (30) days after the date 01 this meellng.
The name, address and telephone number 01 our representative Is:
Jack V. Hutchison
I W. HiRh Street
Carlisle, PA. 17013
Telephone Number: 717-241-7759
The name(s). address(es). and phone numbers 01 (a) designated consumer credit counseling agency(les) Is (are):
YWCA
..lUl lo. :>treet
Carlisle, PA. 17012
It Is only necessary to schedule one lace.to-Iace meeting. You should advise this lender Immediately 01 y~ur Intenllons.
Your mortgage Is In default because you have lelled to pay promptly Ins~r.e.l1ts 01 principal and Inlerest. as raqulred. for a
period of at least sixty (80) days. Tha total amount of the delinquency Is $ .,jU . That sum Includes
the lollowlng:
3 Monthly DllUnents at $157.10 ea(~h for' th" Month~ of 1111\, I QQI'. , P.1'8"~' 1996, aM
::ieptanbet' 19%.
Your mortgage Is also In de(ault lor the lollowlng reasons:
If you have tried and are unable 10 resolve Ihls problem at or after your lace-to. face meeting, you hava the right to apply for
IInanclal esslstance Irom the Homeowners' Emergency Mortgage Assistance Fund. In order to do Ihls. you must 1111 out. sign and
tile a completed Homeowners' Emergency Assistance Application with one 01 the designated consumer credit counseling agencies
listed above. An application for assistance may only be obtained lrom a consumer credit counseling agency. The consumer credit
counseling agency will asslsl you In tilling oul your appllcallon end will submit your completed application to the Pennsylvania
Housing Finance Agency. Your application must be IIled or postrrarked. within thirty (30) days oi your face-to-lace meeting.
/I is extremely Important that you file your application promptly. If you do not do so, or if you do not follow the other time periodS
set forth In this letler, foreclosure may proceed against your home Immediately.
Available funds for emergency mortgage essistance are very limited. They will be disbursed by the Agency under the eligibility
criteria estebllshed by the Act.
It Is extremely Important that your eppllcatlon be accurate and complete In every respect. The Pennsylvania Housing Finance
Agency has sixty (60) days to make a decision after It receives your application. During that addllional lime. no foreclosure
proceedings will be pursued against you if you have met the time requirements set forth ebove. You will be notified directly by that
Agency 01 Its decision on your eppllcatlon.
The Pennsylvania Housing Finance Agency Is located at2tOl North Front Streel, Posl Ofllce Box 15530. Harrisburg. Pennsylvania
17105. Telephone No. (717) 780.3800 or 1-800.342.2397 (lull free number). Persons wilh impaired hearing can call (717) 780.1869.
In addition you may receive another notice from this lender under Act 6 of 1974. Thai notice Is called the 'Notice of Inlention to
Foreclosure'. You must read bolh notices. since lhey both explain rlghls lhat you now have under Pennsylvania law. However. If
you choose to exercise your rights described In th.s notice, you cannol be foreclosed upon while you are receivin thet assistance.
EXHIBIT Very lruly It! .
I (J 0;(A'
~ :Jack V, Hutchison-Collection Offic(>r
The Pennsylvania Housing Fina
---._-._- ._--~--_.._-----~_._.._----
HEMA Rov_ 4 9/95
e reached TOll FREE at 1 (800) 342.2397.
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