HomeMy WebLinkAbout97-04708
~
....
J
"<
~
,...
~
c
q.
~
~
~
~
~
-
.ct
C3
~
'(
~
G:
,-
,-,'
, I
::--
..
., I
..
't) I
I
Go.
~
~ "
,",
,
"
','
"
, '
,.
Ii
H
"
"\i
Ij
"
.i'
,1
"
, ,
.,
,
,
"
I
"
"
"
;t',l,
,
,
",
I
"
,I
I
,
"
1_;
" i
,
,
Ii,
Ii
I,
'f,I')
,.
"
, ,
"
"11
..
i j I
,,'
.,
Ii
",
,'i
"
'j"
I'
"
..
.1
1'1
,
, '
q'
,
('
, I
I
I, I
Ie'
11,\'
,
, "
,I,
II,
. ,I!
/,
,
"
I"
"
" L,
, " "
f f
,
, '
.'
i.1
,
i'
,
,
,
, ,
, ,
"
.,
"
,J,
, '
"
I"~
'.j
I'
./
"
j."
'.1
I,';
"
"",
.,
, I
"
G)
'i'
Fllrnc;n:ICl:
01= 11 " 'i' "[!( ':':lTtnY
,I,
II;
qHI'r,?~ F;; :'11'0
, '
CUI,!: I ," 1",:'rnY
pr'.f;i t.\l."t !,\
"j'
','
'-ft 40,50 pj ~
,
"
"
,
c.u. ~ ~60-aO 5(087
RdJ 65933
,
"
,
I
I
"
"
,i
,
i '.
"
"j'
,)
"
<' i
"
N
;\
Duncan & Otto, P.C.
"ttllrney~ at Law
One Irvine Rllw
Carlisle. Penn~ylvanla 17013
.!
.....
~
'(\
'-.I
"
:,11'
-r/II (pc-,)
Jl t'(ULA'/ ) ~ PROMISSORY NOTE
---1~;/~O~L_ ,_~a"_D~I~' Qr~?~~61IJ L03~ ~o_.. ... _ Accounl_...L~Wf~:.LI"ltlaIS J.
n.'GI8nCealn 1110 lSh4d..od DIDO !!!!...!.Of lOIlc1o'~~~o ollly and dO 1101 Ilrl111 lho '!Ephr;oblhly of Ihla documont 10 8!!lparhclJlor lOin or 118m,
nr, ~t1('1 ~'Iti
f,,1 UIi'
Borrower:
E.d E. l.lil"
203 SOlllh R,oJil
ShlpPl!nlhuqr, PA 1725'
lender: Fln.J/ld...1 Tnlit ClllllpJny
DIIIII>UI & om,.
011. W'"lllih 511.01
(.dhl., M 1701 J
=_;:=~-=====~_-:-"~""_=~-"""~-.~:-:'"':;o"~:-:-_-,,..,.--:: -. .,.....-..;_...."=""":r:'':."",..._~=~.,.~,.... .. -. _"'.,_;_~_..,:._._,....-..._~--,-,.~_,.....,.,.~~.
~.,.~.
m_'_
Principal Amouru: $55,000.00 lruerell Rale: 8.750% Dale of NOle, July 15, 1996
PROMISE TO PAY, I prOl1lhf 10 pJ)' 10 Fln~nd.'ll Trun (ol11p:my ("Lendt,"), or uhler, In lawful monty ll( Ih. United SUlt5 of An1fllu, Iht
prlnclp.:1l ~n\ount 0' Fifty Five ThoU5.lIld & 001100 Dolliln (~5S,000.00), hJI.th.r whit Inlfltu illthf rill. 01 8.750% prr ...nnum on tll. unpilld
prlnclp.1 b.l.n,. Irolll July 19, 1996, unlll ",ld In lull.
PAYMENT. I will p,y lhl, /0'" In 180 P'YIll.Ill> 01 $519.70 ",h P'Ylll'"!. My nnl ".y,..',III, du. AU&Ull 19, 1996, .nd .lIlub"qu.nl
p'Ylllfnu are due on lh. "nlf d.y 01 ."h momh .fl.r Ihot. My nll.1 p'Ylll.nl will b. du. 011 July 19, 20 II, .'0101 will b, lor ,II prlnelp.1 .nd ,II
~(nJ.d Inl.r.u not y.t pillJ. I'aymtnu Illcludt principal .:md Il1lfrUI. I Will pay lender at t I.ndor's address shown above or at such olher place
IS lender niay deslgnale in wlihng. UnIon olherwise oUloed Of requited by oppllcBblo IIlW, pllyments will be applied "r5110 accrued unpefd Inletest,
then to principal, and any remaining Ilmount to any unpBld collection cosla and lato charges.
PREPAYMENT, I may pay wllhoul penally all or . parllon ollhe omounl owed oalllor Ihon II Is duo, Eally paymenla will nOl, unlelll agtoed to by
lender in wtlllng, ".llove mo or my obllgallon 10 conUIlUB 10 I1ld~O paymor,ls under tho pRymont schedlllo. nalher, they wUI reduce the ptlnclpal
balance due and may resull ill me m8~ing fower poymonls
DEFAULT. I will be III delaulllf allY 01 Ihe lollowlllg heppellS: la) I Ielllo make any paymenl when due. Ib) I blaak any proml.. I have me de 10
lendar, or I 'eillo comply wllh or 10 pellorm when duo any other lerm, obUgllhon, covenanl, or condlUOI1 conlolned In thl& Nole or any agreemenl
relaled 10 this Note, Or In any olher agreemonl or loan I havo Wllh lendor. Cc) Any ropro5enlallon ar stalement modo or lurnlshed to lender by me at
on my behalf lis false or misleading In any molellol respecl ellhor now or 811he time mnde or furnished. (d) I die or become Insolvenl, a recelvor Is
appolnled for Bny patl 01 my properly, I mll~e 8n nsignmentlor lhe bonefit of crudllors, or any proceeding 15 commenced ellhor by me or agBlnsl me
under Bny bonkruplcy or Insolvoncy lows. (0) Any credllor trios 10 lake Bny 01 my property on or In which lQnl1er has a lien or security Interost. This
Includes a garnishment of any 01 my eccounts wHh lender. (I) AllY ollhe events descnbed 1r'llhlS defouU sectlon occurs wilh respecllo any guafanlor
or this Nato. (g) Lender In good faIth deems Itself Insecure.
LENDER'S RIGHTS. Upon delaull, Lender lIlay, aller giving such nollces IS raq"lred by applicable law. doc I... Ihe enllre "npald prlnclpsl balanc~ 011
this Note and all accrued unpaid inlerost immedlalely due, and then I will pay thai amounl. lender may hir9 or pay somoone f)lse 10 help collecllhls
Note If I do nol poy. I 0150 will pay londor thai amour't. This Includos, subJect to any lunlts under applicable low, londor's llllorneys' 'e85 and lender's
legal expenses whelher or nolthers is a laWSUit, InclUding etlorneys' fees and legal expenses lor ben~ruplcy procoedlngs (Including olforls 10 mOdify or
vacale any aulomatlc sley or InjlmCUon), appeals, 8m.. any anllclpaled posl-judgment collection serVices, II nol prohibited by applicable low, I also will
pay any court cosls, in addlhon to 811 other sums provided by iaw. if Judgment Is entered In connecllon wllh Ihls N"le, Inleresl Will conllnue to accrue
on thIs Nole aHer Judgmont allhe e)(lsllng Inl018s1 rale provided ror In Ihls Note. This NOle h.u bun dellver.d to lender ...nd ...ccepted by lender In
th. Commonwealth 01 Pennsvtvanj". "there Is " I...wsult, I alrff upon lend.r's requ.H to submit to Ihe lurlsdlctlon of tilt couru of
Cumberl...nd County, che Commonwealth of PennsylvanIa This NllC. shall be lovern,d by and construed In ,lccord,ll1Ce wit!, the I...ws of the
Commonwulfh 01 Pennsylvanl....
RIGHT OF SETOFF. I granllo Lendar a conlracl"al possossory .ICurlly Inlerest In, and hereby assign, convey. dallvar, pladga, and Iran,'er 10 Lellder
all my righi, title and Inlereslln Bnd 10. my accounts WIth lender (whelher chec~lng, savings, or some olhor account), mcludlng without limitation all
accounts held JoIntly WIth someone else and aU accounts I may open In the future, 8)(Cludlllg however ell IRA and Keogh accounts, and all trust
accounts lor which Ihe granl 01 a security Interest would be prohibited by law. I authorize lender, 10 Ihe oxtenl per milled by applicable law, to char-J9
or seloll all sums owl no on Ihls Nl,)lo against eny end aU such accounls.
COLLA TERAl. This Note Is secured by 8 Mortgage dated July 16, 1996, to lender on real property local Ad In Cumberland County, Commonweollh of
Pennsylvania, all the terms Bnd condillons of which are hereby Incorporated and made 8 pall 01 this Note.
GENERAL PROVISIONS. Lallder may dalay or lorgo enlorcing any of ils rig his or ramedla' "nder IhlS Nole wllhOulloslng Iham. I and any olher
person WhO signs, guaranlees or endorses Ihls Note, 10 tho exlenl allowed by law, waive prosenhnenr, demand for payment, protest and nollce of
dishonor. Upon any change In Ihe t6rms 0' this Nole, and unless otherwise expressly stalod In wrlllng, no porly who sIgns this Note, whelher 85 maker,
guaranlor, accommodation makor or endorser, shall be roleased from lIablllly. All such pArlles agr80 that lender may renew or exlend (repealedly and
for any length 0' lime) this loan, or reloa50 any party or guaranlor or collalural; or ImpaIr, fall 10 realize upon or pertect lender's securlly Interest In lhe
collaleral. All such parlles elso agr.e Ihat Lender may modiFy Ihls loan wllhoullhe cOMenl alar nollce 10 onyona olhar Ihan the petty wllh whom Iha
modlncallon I. made.
PRIOR TO SIGNING THIS NOTE, I READ AND UNDERSTOOD ALL THE PROVISIONS OF TillS NOTE. I AGREE TO TIlE TERMS OF THE NOTE
AND ACKNOWLEDGE REnlrT OF A COMPLETED COPY OF THE NOTE.
BORROWER:
I
x_ r .-De,t 4A4>~
~~ rtT
(SEAL)
Ffllldn.I'.ln.t.Um.nl.
~ -
LASEn FIno. n.g lJ" PI! ..., M 011
CFIP;O~"I-;'-CU:lllC 'AiiFlQhllfut'iYldlrA-O'O/fIOl.l!:n LN"2'l OVLI
EXHIBIT
, I}
l.
'kECORDATlON REQUESTED BY:
financial film (ollll>auy
One Wen HIII1 Slrert
C>rIl.I., PA 170 I J
/
'I 'I
lIorr III I' :11 (;1 I'll
II I' C l) P r1l11 (, r III ! f\ ',j
I I lIllllli I ^' ill C () 1111 n . f' ^
WHEN RECORDED MAIL TO:
Fln.1l1cl.1\ Trull (oI11P,JI1Y
Ont Weit IUah Slrett
C"IIII., PA 170 I J
I
I ~
'96 JUI 23 RI'I 9 01
SEND TAX NOTICES TO:
[,r' E. Zolaler
20J Srnllh Ro.d
IhIPP'"lburi, PA 17257
SPACE ADOVE TlIII LINE IS FOR RECORDER'S llSE ONl.Y
MORTGAGE
THIS MORTGAGE IS DATED JULY 15, 1996, bNween Earl E. Zeigler, owner(s) In fee simple, whose address Is
203 Smith Road, Shlppel1lburg, PA 17257 (referred 10 below as "Grantor"); and Financial Trust Company,
whose address Is One Well High Street, Carlisle, PA 17013 (referred 10 below as "lender").
GRANT OF MORTGAGE. For valuabl~ conslder.ulon, Grantor a:rJlm, barl.llns, sells, conveys, ,miam, IrJmfer!, relfoUes, connl'ntS and
n10rll.1ltS to lendu 811 of Granlor's tight, lille, Bnd Interosl III Gnd to tho follOWing de5cllbod IOnl proporly, together with all oxisling or slJbseQuently
erecled or affixed bUildings, Improvements 8nd lixtures; 011 stroels, lallas, allays, passages, and ways; 011 easements, rlghls of way, 011 libertles,
privileges. lonomonts, heredUall1onls, Bnd appurtenances Ihereunto belonying or Anywise mAdo appurtenant hereafter, and the reversions Bnd
remalndarl with respe<:tlherofo; all waler, water rig his, watercourses Qnd ditch lights (including slack In utillfies wilh dilch or Irrigation rlghls); Bnd all
other rlghls, royallles, and profits relaling 10 the real properly, including wilhOlJIllmllallon 011 mlnorols, oil, gAS, goolhermol ond simllor mailers, located
In Cumberland County, Commonwealth of Pennsylvania (lhe "Real Property"):
Deed Book 139 Page 8 3 Township Penn
The Real PropertY or Its address Is commonly known as 203 Slllllh Road, 5hlllpensburg, PA 17257.
Granlor presently assigns 10 l.ender all 01 Grantor's righi, hlle, Bl'ld Inlerest in and 10 011 leases 01 Ihe Properly and all Ronts front the Properly. In
addlllon. Granlor grants to lender a UnUorm Commercial Code security Interest In Ihe Personal Properly And Runts.
DEFINITIONS. The lollowlng words shell havalha lollowlng meanings whan used In this Mortgege. Tarms 1101 olherwlsa defined In Ihl, Morlgaga shall
have Ihe meanings Bllnbuted 10 such lorms in the Uniform CommerCiAl Code. All relmonces to dollBr amounts !'ihall mean amounts in !awful money 01
Iho Unllod Slota, 01 Amarlco.
Gunlor. The word "Grantor" means Earl E. Zelaltr. Tho Granlor Is Ihe mortgagor under Ihls Mortgage.
GU2untOr, The word "Guarantor" means and IncludAS wHhout IImllallon each and aU ollha gueranlors, sureltes, and Bccommodlllon plrtles in
connection wllh the Indebtedness,
Improvtmenu. The word "Improvements" means and Includes withoul limitation all existing and lulure Improvements, buildings, slruclures,
mobile homes affixed on the Real Properly, facilities, addilions, replacements and olher construction on tho Real Properly.
Indebtedness. The word "Indebtedness" means all principal Bnd intorest payabto under the Note end ony amounts expended or advanced by
Lender 10 discharge obligations of Grantor or expenses Incurred by Lender 10 enforce obllgAllons of Grantor undor this Mortgage, togelher with
Interest on such amounts as provided In this Morlgflge.
lender, The word '1.ender" means Financial Trust Company, its successors ond A5siqns. Tho Londer IS tho mortgsgee under this Mortgsge.
Moniaie. The word "Morlgago" mear'l5 this Mortgage between Grantor and Lender, and includes wllhoullimllalion aU ssslgnments and secudty
Interest provIsions relallng to the Personal Property and Rents.
NOI.. The word "Nola" meons the promissory nola or crodlt og,eomant detad July 15, 1996. In lhe original principal amount of
$55,000.00 from Granlor to lender, together wllh all renewals 01, exlensloM of, modHlcAlions of, refinancings or, consoUdaltons or, Rnd
substllutionslor Ihe promissory note or agreement.
Penonal ProperlY. The words "Personal Properly" mean all equipment, f1xItJr8S, and other articles 01 personal property now or herealler owned
by Grantor, Bnd now or heroarler attached or artixed 10 the Real Properly; logether with all accessions, paris, and oddilion~ 10, all replacements or,
and all substitutions lor, any 0' such properly; and lOQelher With all ploceods (i11cludlno witholJt tlmJIBtlon all Insurance proceeds and refunds 01
premiums) Irom any solo or 01 her disposition oflha Proporty.
Property. The word "Properly" means collectively the RAal Property And Iha Personal Properly
Real Property, The words "Real Properly" mean Ihe property. Inleresls and rjghls described abovQ In the "Granl 01 Morlgage" secllon.
Relaltd Documenu. The words "Related Documenls" mOBn Jlnd Include wilhout IImtlAllon alt promls~ory notes, credll agreements, loan
agreements, environmental agreemonts, guaranhes, sp.curlly ofjreements, rnorlgag'lS, dflOd5 of Iru"l, And all other 11l5tmmenls, Agreements and
documents, whelhar now or hereafler oXl5l1ng, executed In connection wlltl thl} IndohlodnoS5
Rtnu. The 'Nord "Renls" me revomms, Incoma, 155lJe", roynttlp'i, prollls, And olhor banAlils derived Irom the
Prop.rly, EXHIBIT
nlls MORTGAGE, INCLU
GIVEN TO SECURE (I)
MORTGAGE AND THE 1<,
"!C. T
,'1E
.,to
I ".~~""v..v....ttr/J-..r' .....'
.~
D TIlE IFCURITY INTEREST IN Hi,. RFNTI ANDN ONAl. PROPERTY,II
D (7) PERFORMANCE Of AI L Olll.lGAflONI (" .~ANTOR lINDER TlIII
,E IS (,IVEN AND ACCEI'HO ON rllF FOil OWIN(; I tRMS,
!'~ vt ')'l'l
''t .,...
MORTGAGE
(Cllllllllll"d)
I'J~" 2
...__,_~_____ _..-__._--0.--
. ...... ......---.,.".- ..
IAYMENT AND PERFORMANCE. Excopt os olhurwis8 provldodln this MOllgllon, GIlHllm sl1ol1 PllY 10 lOlldm nil amOlJllts 50CUfOd by this Mortgago
IIthev becumo dua, orld sholl stnclly pOfh:HI1l i,l1I 01 Grnnll)f's obIiO(llltH\!) wulm 11115 MotlUnijfJ
POSSESSION ANIl MAINTENANCE OF TIlE PROPERTY. Glo"loo 01l'''0' 1"01 Glo"loo', 1""''''''0'' B"d "'0 ollh" "lOpolly '''011 bo govo,,'od by 1110
'allowIng provlG10ns:
Puneulon ,)nti Un, Unlit In dlJloull, Glnnlor mllY 'omQln In P05fiO!\SjOIl and cOllllal 01 nlld npmnln I:nd Il1ltllAOn tho P,oporty and collact tho
Rents from tho Properly.
Dury to M3In(~II1, Grnnlar sholl n\olnloln the Plopolly In tonontahlo conf1111on ond prolllplly plldofll1 nil fIlpnlrs, roptncornonls, end rnnllllononcu
"ICObBsry 10 prosQ/vo ils vuluo,
HalankluI SubUilncei, Tho torms "hlllordous waslo: "h01AldoU6 subslanco," "dI5pOlSBl," "rolooso," Bnd "Ih,eBtolled 1010050," O~ used In Ihl5
Mor1goQe, 511611 have tho SBmo rnoonlngs os sel forlh in tho COlllpfoh0l151vn EllvllOlllnonlnt llo5pomo, ComponsAtlon, Bnd lIobllily Act at 1080, as
amended, 42 U,S,C. Section 9601, 01 lSoq. ("CEnCLA"), Iho SuporluntJ I\rnondmonls and nooljlhorllolllOI1 Act 0' 1986, Pub I., No. 99~499
("SARA"), Ihe Hazardou. Malerlal. Transpoliaholl Ad, 49 U.S.C. Soclloll 1801,01 'OQ, 1110 '1e.oUlce COIl,o"alloll Bnd Recovery Acl, 42 U.S C.
Seellon 6901, ut 50q., or other oppllcablo slale or Federal laws, ,ulos, Of regulatlolls odoplud pWStJBlltlo any ollho fOlegolng. Tho lerms
"haz.ordous wute" and "hazardous 5ubslence" sholl albO Includo, wllhoul Umllohorl, polrol01J11l and potroloum by-producls or any IrBchon Ihe'eof
and asbestos. Grantor represents and warranls 10 lrnder thaI: (oj DUling Iho pOllod 01 G/anlor's ownelship 01 tho Properly, Ihere has beon no
USI, generallon, manufaclure, slorage, trealment, dlSpusol, lel0050 or threalened 10lcII50 of Any hozoldous wAslo or substance by any person on,
under, about or from lho Proporty; (b) Granlor has no ~nowledoo 01, or 10llson 10 beliove Ihallhoro has boon, eltcepla5 provlously dlsclosod to
and Bc~nowlodoed by lender In Willing, (I) any use, gen%lloll, monutocture, storooo, Iroalmonl, disposal, roleose, or Ihreotenod reloas9 atony
hazardous wB51e or substance on, under, oboul 01 horn the Properly by any prior OWI1015 or occupanls of Iho Plope,ty or (ii) IllY aclual ot
lhrealened IIllgallon or ChilITis 01 any ~Ind by eny pelson relaling 10 such malters; Rnd (c) El(cepl 05 Plovlously dlsclosod 10 and lJcknowlttdged by
lender In wrlling, (I) nellher Granlor nor any lononl, controctor, OgMI or olhor o,.I:,,,II/Od user ollhe Properly shall use, genelate, manufaclure,
slQre, treat, dispose 01, or releaslt any hBlordous wasle or subslonco on, under, abolJt or "Olll 1110 Ploperly and (Ii) any such actlvily shall be
conducted In compllanco with all applicable lederal, slole, ond local loWs, logulatlons Bnd oldlnancos, Including wilhout hrnltallon Ihoso laws,
regulatIons, and ordinances described above, Grantor aulhonz9slender and 115 aganls to ontor upon tho Propelly 10 make such 1I1specUons and
lesls, al Granlor'S expense, 85 Lendor may deem appropliale 10 delorminA cornplinnce 01 tho PropOlty with Ihis sectlon of Ihe Mortgage, Any
Inspecllons or lesls made by lender shall be lor Lendel's purposes only and shall not be consll ued 10 creole any responsiblllly or liability on the
part of Lender 10 Grantor or to any (lther person, Tha representations and warranties cot\tallled herein ole bosed on Grantor's due dlllwdnce in
lnvestlgaling Ihe Property lor hazardou5 wosle and hazardous subslances, G,olllor heroby (al,oloosos and walVOS Bny fuluro claims agalnsl
lender lor Indemnity or conlribullon In the event Grantor becomes lIablo for cloonup or olher C05tS undol Any such lows, and (b) agrees to
Indemnify and hold harmless lender ogalnst any Bnd all claIms, losses, Iiobllllles, damAgos, pOnAmeS, Bnd expensos whIch Lendor may dlrecl1y or
lndlreclly sustain or suller resulting Irorn 0 breach 01 Ihls sechon 01 the MortgAge or os 0 conseQuonce 01 ony uso, generalion, manulacture,
storage, dl3posal, release or threolened release occurring prior 10 Granlol's ownership or interost, In Iho Properly, whother or not the 50mo was or
should hlvo been ~nown to Grantor. The provisions otlhis section ollho Morlgage, including tho ohhgnlio/l 10 indemnify, sholl survive Ihe
payment at Ihe Indebtedness and the salislaclion and reconveyance of the hen 01 Ihls MorlOtlgo and sholl nol be allocled by lendel's acquisition
of any Inlerest In the Properly, whether by foreclosure or olherwise.
Nuisance, Wasle. Grantor shall not cause, conducl or permit any nuIsance nor commil, pel mil, or suller any slripplng alar waste on cr to the
Property or Bny portion at tl1e Property. Wllhoulllmlllng the generality 01 the foregoing, Gronlor will nol removo, or granlto Bny olher party Ihe
righllo remove, any Umber, minerals (Including 011 and ges), soil. grovel or rock producls wllhoulthe prior wllllen consent of Lender.
Remov3\ of Improvenlenu, Granlor shall not demollsh or remove any Improvemenls from Ihe Real Prope1ly wilhoutlhe pilar wllllen cansenl 01
Lender, As a condition to tho removal 01 any Improvements, Lender may require GHwlor 10 rn~~e Allangomenls satlsfactofY 10 lender to roplace
such Improvements wllh improvements of at least equal value.
Lender's Rlahl lO Enter, Lender and lis aQenls Bnd rep,esentallves may entor upon the Real Properly at all reAsonable limos 10 atlend to
lender's Interssts and to Inspectlhe Proporty lor purposos 01 Granlor's compliance wllh :tlO terms and condllionos of this Mortgage.
Compliance with Governmenlal Requlremenu, Grantor shall promptly comply Wllh all lows, ordinances, and regulations, now or herftafter in
effect, of all governmental aulhorillos applicable 10 Iho LJSO or occupancy of Ihe Properly Grontor may contesl In good lalth any SUCh law,
ordinance, or regulation and wilhhold compliance durlng any proceeding, Including approprialo appeals, so long as Granlor has notified lendor III
writing prior 10 doing DO dnd so long BS, In Lender's sole opinion, Lender's Inleresls in tho Properly afe not jeopardlzed, Lender may require
Granlor 10 posl Bdequate socurity or a suroty bond, reasonably salislnclory to londor, 10 protoct Lender's interest.
CulY 10 Prolect, Grantor agrees neither 10 obandon nor tBova una\lended the PrOpofty. GlBntor shall do all other Acls, In addlllon 10 those acts
set tonh above In this secllon, which from the character and US9 of Ihe Pro~erly are roasonobly nAcessary 10 protect and presorve the Property.
DUE ON SALE. CONSENT BY LENDER, Lender may, at 110 opllon, doclar,'mmBdialeIY due and payable oil sum' socured by Ill" Mortgage upolllhe
sale or transfer, wllhoullhe Lender's prior wrlllen conson!, 01 all or any pall of tr,e Reol Property, or ony Interesl In the Reol Property. A "sale or
transfer" means Ihe conveyancs of Rool Properly or any righi, hlle or Inlerest therein; whether 10QBI, beneficial or equitable; whether voluntary or
Involunlary; whelher by oulright sale, dood, Inslnllmenl sale conlracl, Illnd conhocl, conlrocl tor deed, lOllsohold Inlerest wllh a term groater than Ihree
(3) ysars, lease-opllon contract, or by sale, assignment, or Ironslnr of any benehclal1ntere51 In or to any lond trust holding l111e to the Real Properly, or
by Inv other method 01 conveY8nce 01 Real Properly Inlero5t. II ony Grantor is a corpo/OhOtl, Pl1llnolshlp or Iimllod lIablllly company, transler also
Includes any change In ownership 01 more lhan lwt'nly-+flve pOIce,,1 (25%) of the voting ~Iock, polino/ship interesls or IImlled lIabilily company Interesls,
IS the case mey be, 01 Gronlor. Howevor. Ihls opllon shall nol he ollmci!'.od by IfHH1rl ilwch f!)(fHr.l~A is nrollibllecl by roderal low or by PennsylvBnlB
law,
TAXES AND LIENS, The following provisions rolntlng 10 Ihe 'al(e~ And liens on the Properly Bre a pori 01 this MOItgagA,
PolYn1enl. Grantor shall pay when due (Bnd In aU evenls pflor to dolinquoI1c'/) olllaxes, pByrolllnxfls, speclallRl(es, OSS8S!)monts, waler charges
Bnd flewer servIce charges levied agalnsl or on accOllnl of Ihe Propelly, and sholl PRY when due all claims lor wOlk done on or 101' services
rendered or male rial lurnlshed 10 Ihe Properly. Grantor shall rnalnlqln tho Properly rree 01 aU liens haVHlg prlorily aVElr or oquallo the interesl of
lender under this MolIgoQe, except for lho lion 01101(f}5 Brld R550S!\r/lanls not duo, and ol(cepl AS otherwlSA pfovided In the lollowing pAragraph.
Rllht To (anum, Grantor moy WIthhold payment 01 Rny lax, ll!se!l!l1lont, or dalrn In connecllon Wllh R good lallh dispute over the obligation to
pay, so long as lendm'r. Inleraslln tho Properly IS nolloopnrdilod II B Hell OI,:"oJ~ or \5 fllod as u rosult 01 nonpayment, Granlor shall wllhln lilleon
(15) days a"er tile lien arlsos or, if a Hen is. filed, Within fllloon (15) days alter (jrllnlor has nolleo at thf.ll1ling, SOCllre Iho dlschBrgo oltha hen, or II
requested by lendor, deposit wilh lendor C1I5h Of a stJ"iCII~nl corpolille sUlely bond 01 olhar soc:urlly r,a'I~,'al':tory to lender III an amount sufficient
10 discharge lhl lien plU5 Any COGts Rnd attorneys' fnos or other chlHges Ihol could ac:crlJO as R r05ull or B loredosure Of ~",I9 under Ihe lien. In
any conlesl, Grlnlor sholl defend Itself Bnd tendor and stIRll solisly Any odve/!)O Jlj(fgmenl before enlorcemenJ ~\l~n)J, Ihe r"roPArt~ >\Granlor shall
name lenr10r u an additional obllgoll undor Rny '''llraly bonr1lwnl'it\Oc1 inlho r.onle,,>t pro(';poding'). ROu~ l~ j,j~ PAGE Jq~)
I, 1 ntt; nrt c:.hnll
===..:~-::=rr'c._-'.-:-;-~--c .._,
MORTGAGE
(COl1lhllled)
Page J
~===-====-~;:
- ----------
_u.""_. ._" _..~_ '. ___._.__
lulhorlz. the Ipproprlalu govornmontal olllelol 10 dullvor 10 londm 01 onv 111110 II wlllhm !ilalulIlonl 01 tho 10):0& and 1115&orssmenls IIgolnll tho
Properly.
NOllet or ConUtuctlon. Grenlor shall nollfy Lender olloosl !llIGun (161 dOY5 belOl. any wOlk lIS commenced, ony lorvlces .r, furnIshed, or any
mlllerlahs .r. l5uppllod 10 1110 Prope,ly. II ony mochonlc'5 Uqll, Illolotlotmon'& lion. or olhor hon could be snorled on IIccounl ollha work, U'V1CBI,
or malorlals and 1110 cost fllceed" $5,000,00. Glonlor will upon fOql1051 at l onder fLJInl!~h 10 lendor RdvBncD SnUrtlneBS .lllsl8clory to Lendor
thlt Grantor con and will pay tho cost of such IrnploIJomonl5
PROPERTY DAMAGE INSURANCE, Th. follOWing proVlslo'" IOIDhng 10 In.u""g Ih. P,oporly .r. e pa,' of Ihl5 Mortgag.,
M~lnttn,)nce or IniUr~n(f. Grantor shill! procure Slld mofnlahl pohcles olllle hllSUlallce wllh standard oltlenderJ cov8rage endorsemenls on .
r6plocemenl bull lor the lulllnl5urable value covellng 1111 ImprovftnlQnhs on the Real Properly in on ernOllnl sulllelonl 10 avoId Bppllcallon or any
colnaurllnc8 clausB, Ind wllh 8 standard mOllgagoo clause In rovor or lender. Policies sholl be wtlllen by such Insullncs companIes and in such
lorm as may be fSI150nablv acceptable 10 lender. Granlor fihall dollvor to lendor ce,lificales 0' coverAgo from each Insurer containing a
stipulallon thai coverage wUl nol be cancelled 01 diminished wUhoula minimum 0110/1 (10) days' pflor wrilten "ollello lender and nol contAining
any dIsclaimer ollhe InsU/or's lIablllly for lallure 10 give fiuch nollcs. Each Insurance policy al60 shall Include In endorliomenl prOviding lhal
coveraQe In 'a....or ollendor will nol be Impaired In ony WilY by any lei, omi6slon or delllull 01 Grllnlor or any olher porion. Should Ihe Real
Property I' Iny lime bocome localed In an sIeo doslgnalod by Ihe Dlroclor 0' Ihe Foderal Eme,gency Managemenl Agency 85 B special flood
h814rd arel, Grlnlor ogreos 10 oblaln and mainlaln Federal Flood Insurence, 10 Ihe eMlent such Insurance Is ,equired by lender Gnd IS or
becomes available, for Iho lerm 01 tho loan Bnd lor Ihe full unpaid principal balance or Iho loan, or Ihe 1l1Q)llmum Umlt or coveraQe lhat IS avaIlable,
whichever Is loss.
Appllnllon or Proct!ds. Grantor shall promplly nollty lender 01 any loss or damage 10 Ihe P,opody II the eallmated cosl of repair or
r.pl.c.m.nt.,c..d. $500.00, L.nd.r may m.k. proof or 10.. If Granlor fall, 10 do '0 wllhln IIfI..n (16) day' ollh. ca,ually, Wh.,h.r or 1101
t.ender's lSecurUy lIS Impaired, lender m8Y, ollis eleellon, opply Ihe procoeds 10 Ihu reducllon of Ihe Indobledne5l5, paymenl 01 any lien aHecling
Ihe Property, or Ihe rosloraUon and repair ollhe Properly. IIlende, elecls 10 apply the proceeds 10 faslorollol1 end repair, Granlor shall fep"l, or
replace Ihe damaged or destroyed Improvemonll1ln 0 manner sallslactory 10 lender. lender shall, upon I5BUslactory proof of such evpendilure,
payor reimburse Granlor trom Ihe proceeds ror the reasonable cost 0' ropalr or reslorotlon II Grantor Is nolin defaull hereunder. Any proceeds
which have nol been disbursed wilhln 160 days aftor their ,ocolpt and which lGndor has nol commllled 10 the ,epal, or roslo,allon 01 the Proporty
.hall b. u..d f".llo pay .ny .mount oWing 10 Lond.r und.r Ihls Mo"gog., Ih.n 10 pr.p.y .ccrU.d Inl.r~.', and Ih. r.malnd.r, If .ny, shall bo
/lpphed 10 Ihe principal balance 01 tho Indobledness. IIlendor hold5 OIlY proceeds arler payment In lull OllhlJ Indebtedness, such proceeds sholl
b. p.ld 10 Gr.nlor.
Ulloxplrod Inlu"n" >t S.I.. Any un.xplr.d In.uranc. ,h.lllnur. 10 Ih. b.n.fit 01, .lId p... 10, Ih. pu'chas.r of Ih. Prop.rly cov.r.d by this
Mortgage It any Iruslee's sale or other sole held under the provisions ollhls Morlgage, or 8t any loreclosuro sale 01 such Property.
EXPENDITURES BY LENDER, II Gr.hlor 1.11, 10 comply wllh .ny proviSion Of Ihl, Morlg.g.. or If any aclloll or proc..d"'g I' comm.llc.d Ihal would
materially a"octlender', inlorests in the Property, lender on Granlor's behalf may, but sholl nol be required 10. lake any acllon Ihallendor deems
appropriate. Any amount Ihal lender eMpends in ISO doing will bear Inlerest al the rate provided 10f In the Nole Irom the dale Incurred or paid by
Lend.r 10 Ih. d.l. of r.p.ym.nl by Gr.nlor, AII.uch .'p.n.....1 L.nd.r', opllon, will (.) b. pay.bl. on d.mond, (b) b. .dd.d 10 Ih. b.l.nc. 01 Ih.
Nole and be apportioned amol1g and be payable wllh any installmenl paymenls 10 become due during ell her (I) the lerm of any appUcable Insurance
policy or (II) tho remaining lerm 01 the Note. or (c) be Irtlolod liS a baUoon paymenl which Will bo duo and payable at the Nolo's malurlty. This
Mortgage also will secure payment oltheso amounls. The rights provided ror In Ihls paragraph sholl bo In addlUon to any olher rIghts or any remedies
10 which L.nd.r m.y b. .nlllled on .ccounl Of Ih. d.'.ull, Any .uch acllon by Lend.r ,hall nol b. con,trU.d a, curlnQ Ih. d.faull .0 a. fO bar L.nd.r
from any remedy thai II otherwlso would have had. Grantor's obttgalion to lender for all such OMpenses shall survIve the entry 01 any mortgage
foreclosure judgment.
WARRANTYI DEFENSE OF TITLE, Th. 'ollowlng provl.lon, r.lollng 10 own.rshlp 01 Ih. Prop.rly .r. a pari of Ihl, Mn"gDg.,
Till.. Grantor w.".nl. Ih.t: (a) Gr.nlor hold, good .nd mark.tabl. 1111. of r.cord 10 Ih. Properly In f.. 'Imp I., fr.. and cl.ar or .1I11.n, and
encumbrances othar Ihsn thoso sel forth In the Real Property descrlplion or in any tiUe Insurance poUcy, UUe repOlI, or finallllte opinion Iuued In
'avor 01, and accepled by, lender In conneclton With thIs Mortgage, and (b) Grantor has the full righi, power, and aulhority 10 execule and deliver
Ihl, Mortg.g. 10 L.lld.r.
Ddenu or Title. Subjeclto the aMcepllon In the paragraph above, Grantor warranls and Will 'orever defend Ihe illiG 10 the Property against the
lawful claim, of all persons. In the evenl any acllon nr proceeding is commenr.ed Ihat questions Grantor's lills or Ihe Inleresl 01 lender under thllS
Mortgage, Granlor shell defend Ihe acllon at Grantor's oMpenlS8. Granlor may bo Ihe nominal party In such proceeding, but lender shall be
entllled to participate In Iho proceeding and 10 be represented in the proceeding by counsel of lender's own choice, and Granlor will deliver, or
cause 10 be delivered, 10 lendAr lSuch Instrumenls 85 lender may request 'rom lime 10 lime 10 per mil such participation.
CompllJnc. With L'WI, Granfor wa"anl. Ihll Ih. Prop.rly and Granlor', us. 01 Ih. Properly compll.. With all .'I"lng appllc.bl. I.w.,
ordinances, and regulations of governmental authorities.
CONDEMNATION. Th. followlllg prOvision. rel.llng fo cond.mnallon ollh. Properly .r. a pari 01 Ihl. Morlgag.,
Appllullon or Nfl Proc..dl. 11.11 or .ny p.rt 01 Ihe Prop.rly I, cond.mn.d by .min.nl domain proco.dlng. or by any procHdlng or purch...
In lI.u or con damna lion, L.nd.r m.y .f ", .Iecllon requlr. th.1 all or .ny porllon of Ih. n., proc..d. Of Ih. .w.rd b. appll.d 10 Ihe Indebl.dn.u
or Ih. r.palr or r..for.hon of Ih. Prop.rly, Th. n.t proc..d. of th. Iw.rd ,h. II m..n Ih. .ward .1I.r paym.nl of all .clual co.I., .'p.n.... .nd
allorneys' 'ees incurred by lender in conneclion with the condemnation.
Pro(ffdlnp. It any proceeding In condemnation Is filed, Granlor shall promptly nolity lender in wrtUng, and Grantor ShslI promplly lake such
sleps as m/lY be necessary 10 defend the action and oblaln Ihe award. Granlor may be the nomlnat party In slIch proceeding, but lender shall be
entillod 10 partlclpalo In the proceeding and 10 be reprosontod in the proceeding by counsel ollis own choice, and Grantor wm deliver or cause to
be delivered 10 l.ender such Instruments BS may be roquesled by It Irom time 10 hme to permit such particlpnlton.
IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL ~llntORITIES. Tho lollowing provi.lons r.lallng fo gov.rnm.nf.II..... Ie..
and charges ar8 . part of thIs Mortgage:
Current ToIM!S, hes .and Ch,lrl!S. Upon requesl by lender, Grantor shall eMecute slJch documenls In addihon 10 this Mortgage and take
whalever other scllon is requesled by lendor to pe,fect Bnd conllllue lendo,'s lion on Ihe Roal Properly. Granlor shall reimburse lender tor alt
laxes, as de5cnbed below, together wllh all expenses Incurred In f8cordlng. pe,foctlng or conllnulng Ihls MorlgagQ, Includi'!9 wllhoullimUstlon III
lax.., '..', docum.ntary 'lamp., .nd ol~.r clI.rg.s lor r.cordlng or r.glSl.""g Ihl. Morlg,1go ROOK 13.12 PAGE. 344
Tnes. "The lollowing shall cons lIt ute laxes to which Ihls sedan applies: (0) II speCIfIC Il1x IIpon Ihls Iype 01 Mortgage or ,on alt or Iny part of
the Indebtedness 59Cured by Ihls Mortgage; (b) a spociflc tQM on Granlor which Granlor 15 outhorizod or .equlred to dedu(., .Iom pr,menls on Ihl
Indebtedness sor,urad by Ihls type of MorlgBon; (,,) (I 111M on lhlslype 01 Mo"oago c:hBlgt'ntJlo I1g11IIlSlltlO lendor or the holrler ollhe Nole; and
(d) il spOClfic lax on nil or UIl'1 portillO 01 thn Inrjf't.' In!!",', Of 011 P/l'/nt('lllt'. 01 PllIWlPo1ll1lld 11l1('IW,1 1Il,lflll L', rllillllm
MORTGAGE
(Contlnned)
Page 4
;:.=::=:.'~--~_.'."-~ ,
'---'-:-~~"C'.--'-:="'--"'..~Cl-'
SubleLlurl1l T.1.1llI. II any lUll 10 which this 50cllQfl lIppll1J5 15 OIuu.:lud ~IJh5UQUIIIlIIO thu datu of Iht5 MorIUIIOO, 11115 0'10"1 611811 hove Ihe 50mo
elfoct 85 III Event 01 OuhHlII (05 dollnlld bolow), dnd loruli" mllY 0)(UI(150 /lny or nil olllu Rvnllnhlu rDmodlos 101 on Evont or DAlOll1! 815 provided
bolow unlun OlonlOl ollh01 (il) pltY5 Iho hl)l: bololO II hOCOnllHi dlllinqulJlll, ()f (tJ) conlofit5 thl) lIu 115 ptOVllfod obovu In thu TnllO!'i Gnd lions
6oclton and dapalSlls Wllh IQlldOt c/lsh 0111 51111lc:IlHlI C(J1IHl1nhJ "'Jlllty bond t)I 01/1111 !Si!C:IJllly l;nll~'lIdOlY In ll)tldm
SECURITY AGREEMENTI FINANCING STATH'1FNlS 11111lollowlrlll prOVlhlOIl!) rnlrlllllU 10 11115 MOIIYIIUfJ liS n 5p.r;\jllly RUfPIHllonlIIJP0 ptHI 01lhl5
Mortgago.
Sr(Urhy Aarlltllltnt. Thl5 In~lrumOl1t 5hall constllulo a 50ClI,IIy aorootl1nnllo Iho Oldani Bny Ollho rloporty conslltulos !1It1ur05 or oHlor porsonal
pr~pElrly, and Lendor shall hovo all 011110 IIOhl5 01 a l:iOClHQtj pu,IV IHllh!l 11111 lJnlliltrll COrlllllOICllIl Codn Rfi 01110lldol1 "om limo 10 limo
Se,urlt''1lnttnu. Upon rOQuo51 by Lunder, Gruntar shdllOllUClJln 1IIlllllClrlU Iitlllumunlti OrHJ la~o whnlovuI nlhQr Hellon 15 requo51~cj hy Londor 10
podoclllnd conhnuo Londer's socll/lly Inlorosllll Iho nonls /lnd 110160nol PIOPl!rly In RthllllOIl 10 rec"r(jlllo Ihl5 Morloage In 1I~l' 1001 property
records, Larldor mill', al dny limo and wltholJt furlhU/ lwlholl/alllHl from Grontol, '111/ (llllJClllod cOlJlllorpnrts, r.OpI05 or IOproducllons 011111s
MOllgage as a financing stalomonL Glantor shull 'Ulll1lllJIStJ (onelar 101 all f)llpOll!i05 IIICUI/ud 1/1 pOrll1ctlllo or continuing tills !joel/nil' intOrf}!.t
Upon do'aull, Grantor shlllllJss0J11ble Iho POlsonal Propody In 0 nHll1llor IW<l al n placo rtlll'ilJlllltJly CGI1\1011l0nll0 Grol1lo( Rnd londor alld rnalo.e II
available to Lender within Ihr~tJ (:J) dill'S ollor rocolpt of 'mllton (1(1mand Irom I ol1dPJ
Addrtutl. Tho mailing addro5so'$ 01 GIlJntor (doblor) ond londor (sectJlad p/llly), from which InformAtiol1 concolnlng 1118 $or.Urlly Inlor051
granted by Ihls Morlgage may bo oblalned (each 85 loqullod by tho Um'orm Con1l11QJcloI Code), RIO os stnlfHJ onlhQ filst paoe 0' Ihl5 Marlonoo,
FURTHER ASSURANCESj ATTORNEY. IN FACT. Tho 'ollowlnG prOvISions lolatl110 to furlher a!i5UI/lIlCOS Al1d nllolluJ';-ln ,lacl nrD 8 part 01 trio;
Mor1goge.
Further AJsunncts, At any lime, and ham limo to limo, upon lequesl of Lendl~r, Grantor Will 111010.0, fJlloculo and deli\lor, or wUl couse to bo
made, 6xeculed or delivered, to lendor or 10 Londer's Ullslonee, und whon roquested by Landor, causa 10 be riIod, locorded, lafiled, or
rere<:orded, as lhe coso mol' be, 01 such limos and In such olllce5 and places os lendor may doom approprlale, any and all such merlgages,
deeds of lrusl, s(lcurily doeds, socurity agreemenls, finonclnG slaloll1onts, continuation slalornrmls, Insllumol'ls 01 furlher assurance, cerllficatos,
and other documenls liS mBYl In Iho 5010 opinion 01 Londer, be l1ecessalY or doslrable In ardor 10 crlccluolB, complole, perlect, conllnuo, or
preserve (o) the obllgBllons 01 Gr13nlOl under Iho Noto, Ihis Modgnge, and Iho nolalod Documonls, And (b) Ihe liens and security inlerests
crooled by this Mortgage as firsl And prior tions on Iho PropOIly, whelhor now owned Of hmonltor BCqUhud by Grantor. Unloss prohibited by law
or agreed to the contraIl' by londor In wflllng. Granlor shall roimhwsa Lendor lor all cosls nnd Ollpensos Incurlod In connoction wllh Ihe mollnrs
referrod to in Ihi5 paragraph.
A({omty.ln.F~,c, If Granlor fails 10 do any at tho Ihlngs referrod to In Ihe precodlng paragll1ph, lend~r may do 50 for and In the name 01
Granlor and at Gmntor's exponse. For such pUrposfilS, Granlor horeby IHevocllbly appoints tondar as Grnnlor's allorney..ln-foct for the purpose
01 makino, e>toculing, delivering, filing, rocording, and doing all olher 1I1lr'gs as may be nacessOlY or deslrablo, In lender's 5010 opInion, 10
accomplish tho mailers relerred to In Ihe procodlng paragraph.
FUlL PERFORMANCE. II Gronlor pays all Ihe Indebledness when due, ond olherwlse pello,ms olllhe obllgallons imposed upon Granlor under Ihls
Mortgage, Lender shall Bxocuhl and deliver to Grantor a suitable solisfacllon 01 Ihls Mortgago Rnd sultablo statements of termlnollon of any financing
statement on llIe ovldenclng lendor's secuIlly Interest In the Renls and Iho Porsonal PIOPAfty, Granlor Will pay, il permUled ty applicable law, llny
reasonable termlnallon lee as determlnod by LondoI' Iroll1llmo 10 lime.
DEFAULT. each 01 Ihe lollowlng, allhe oplion 01 tender, sholl COnSlllulo an evolIl 01 dolaull ('evenl 01 001."11") under Ihls Morlgage:
Dtr~ult on Indebttdneu. Failure 01 Glanlar 10 make any paymonl when due on Ihe Indoblodness
Default on Other Payftltnu. Failure 01 Grantor within Iho lime reqUlrod by Ihis Morlgnge 10 mBka any poymontlor laxes or Insurance, or any
other payment necessary to prevenlllllng alar \0 offect dlschBrgo 01 any lion.
Compliance Default. Failure of Grantor to comply wllh any other term, obllgalion, covenal\! or condillon conlnlned '" this Mortgage, the Nole or in
Bny of Ihe Retaled Documents.
False St.ltemenu. Any warranty, reprosenlallon or slatement made or furnished 10 Lender by or on behall of Grantor undor Ihls Mortgage, Ihe
Nole or the Related Documents Is lalse or misleading in any malerlal respect, eilher now or atlhelime made or furnished.
DerectJve Collaterallzallon. This Morlgage or ony or lhe Relaled Documents ceases 10 be In full force and eHect (Including fallura of Bny collaleral
documents to create a valid and perfoctOd security lnlerosl or lion) al any limo and for any reason.
Oealh or Insolvency, The doalh 01 Grantor, tho insolvoncy 01 Granlor, the eppolnlmenl of a lecelver lor ony parl 01 Grantor's propel II', any
assignment for tho benefit 01 credllors, any type of credilor workout, or the commencement 01 any proceeding under any bankruplcy or Insolvency
laws by or against Grantor.
Foreclosure, Forrtlture, uc, Commencement 01 loreclosure or folfeiture procoedlngs, whether by judicial proceeding, self-help, repossession or
any other method, by any creditor 01 Grantor or by any govern menIal agency againsl any 01 the Propeily. However, Ihls subsection shs!l not apply
In Ihe event 0' a good lailh dispute by Grantor as to the valldHy 01 reasonableness 01 the claim which Is Ihe basis of Ihe foreclosure or foreleUure
proceeding, provided Ihal Granlor glvos Lender wrlllon noUce 0' such claim and furnishes reserves or a surety bond for tM claim setisfactory 10
lender,
Bruch or Odl!!r Aartl!menc. Any breach by Grantor under the lerms of ony other agreement between Granlor and Lender Ihatls not remedied
wllhln any grace period provided theroin, Including wilhoutllrtlllalion any ngreemont concor.ling any indebledness or olher obligation of Grantor to
lender, whelher exisllng now or laler.
Evtnu A(fecclnl Guarantor, Any ollhe precedIng events occurs with lespecllo any Guaranlor 01 any 0' the Indebtedness or any Guarailtor dies
or becomes IncompGtenl, or revokes or disputes lhe validity a', or 1tablllty undf)r, any Gualanly 0' the Indebledness.
Instcurlty. Lender In good 'allh doems-Itself Insecure.
RIGHTS AND REMEDIES ON DEFAULT, Uoon Ihe occurrence olqny ~vont 01 Default end 01 any lime Ihorenller, lender, 81 lis option, may e)fftl'cise
anyone or mora of lhe lallowlng rights and remediOS, in additIon loony olhor rlghtg or ranlOdlflS P,ovi(IOt1 by low
Accelero'lct Indehlcdneu. SubJocl to applicable law, Londer ShBlI have lhe fight 01 lis oplion wlU'olJl noll(;O 10 Granlor to dochuo Iho entlr8
Indebtedness Immediately due and payable.
lJCC Remtdles. Wllh respect 10 all 01 any pnrt or Iho Porsonol Property, tondp.r Shllll hnvn lllllhe r10hls Anti remedlos n~ .' secured party under
tho UnHorm Commercial Code, AlJUW 1:332;' ;L,34-5
ColleCl Renu, londer shall have the righI, without notlr.o 10 Granlor, 10 take pOSSo~!'ljon 01 1110 Property and r.oller.llhe RUIH5, Including amounts
past duo and unpaid, and oppl'l1l10 1\01 P'OCl:ll<j,;, ovm llnd utJOVO l ondw's (;O~,l!;, lI~jillll'.itlliu Illdf!lJll'rlIH1S!', 1/1 furlhoranco of Ihls righI, lender
MORTGAGE
((ol1lll1l1~d)
P.lge 5
may ,equlre 8ny lenanl or other user ollha PropUlly 10 Illoko payrnonts 01 fo.H 01 uso 1005 tJltudly 10 lanuor, It Ihu nonl5 Br8 colleclod by Londor,
then Gnlnlor Irrovocably dl.l510nolo$ Lender 85 GfllnlOl'S ollo,neY-IIl..facl 10 ondO'50 inshlJlIlunls loculvud In poymonllhofool 1/1 the namu of
Grentor and 10 nogallala the 50/110 and colloct the procoods. PnYll10nls hy h,JIlBllls or 011101 1J501!S 10 l ondor i/1 fQ!'ipOnS9 10 j,Qnr1tJ"s domsnd shall
SIIUSty lhe obllgellon5 lor whll.'h tho pBymonls DID tllado, wtlolll0' 01 nolauy fHOPor orolJlll!!) lor Iho 'lnl1lllllfJ e.,r.hJt' L oncJm may Ollorclsu illS
tights undor Ihls IwbporoOfaph ollho, In pOlSOIl, by tJuonl, or IhrolJOh 0 l(lCnlV!Jf
Appolnl RtcfrVtr. Londor sholl hovo the ,jghllo havtl II lecelvo, appOlulutllu 10~Q PO/i/iO!HitOIl 01 olt or OilY pad 01 Iho PropOIly, wllh Ihe power 10
prolect8nd pr.so,vo Iho Ploperly, 10 oporalo Iho P,opody PlOcudlllij loror.lcJ5lJfC or salo, And It) coUnr:I tllo nonl6 I,om Ihl) PIOPOlty BIlU apply tho
proceeds, OVl)r and abovo Ihe COlit 0' Iho rOCOlvlJ/Shlp, LlOlll/161 ItHl Inc1obtodno55 rho IOCOlvur /llIlY 501VO Wllhout honu II pO/mlllod by low
londor'. ,Ighl 10 Iho oppolfllmonl 01 0 '.C.",or .h'llI 0,1.1 wllol/,.. 00 nol 1110 nppn,onl vollJO 01 I:If' r'opmly ""ood. Iho If1<Johlo,fno55 by 0
subslontlol Bmount. Employmont byl(lndor l!-hflll nol tJlfiqlJlIllly n p~I6011 flO/11 sOlving II!> 0 tocnlvOl,
., ",-,.--~;- t._~~,.-.u__.,..,._.._..~.~."."~..,....,.,.,.,=",,
)udld.11 Foreclosure, lender moy oblaln n JUdicial docleo lorocloslng GUlnto/'s Inl0l051111 011 or ony porI of Iho PropOIly.
NonJudlcl.1 5.1.. II p.,mllled by eppllcoble low, LondOl mllY loroelo,o G'onlor'. mlo,..lln 011 or In ony pOlloI Iho Porsonnl Properly or Iho Reol
Properly by nonludlelol '010.
Dfflclency )udilllent. londer may obtain a Judgmenl '01 any r10flCIGIlcy romolnlng In Iho 11lc1p.hlf1dne~5 dlJO 10 Lender Allor appllclltlon 01 011
amounls recelvcd I,om the (,-':OICISO ollhe nohls p,ovldnllln ItH5 fior:lloll
Ten~ncy at Surrer,lnce, II Granlor rel1161ns 111 posseSSIOIl of Ihe P,oporly anor Iho PlopOIly Is sold 815 provided obolJo 01 lendar olhorwilse
becomes onlillsd 10 possosslon ollho Plopslly upon (hl'aull of GranlOl, Granlor shl)U bocome n 10l1ant 01 suI/Bronco 0' Londor allho purchoser 01
Ihe Property ond .holl, .ll.ondor'. opl'on, ollhor Co) pay 0 ,oa,onoblo ,onlnl lor Iho U'o ollho rropo,ly. or (b) VOColo Iho P,operly Immodl.I.ly
upon the demand or Lendor
Other RemedIes. Lender shall hove all olher rlghls and rornoClios provided In Ihls Morlgage or Iha Nola cr avallabla at I/Jw or In equity.
S~le or [he Propeny. To Ihe o)(lent per milled by applicable law, Granlor hereby wolvos any and all rig hi 10 hava the properly marShalled. In
exorCisIng 115 rights and remedios, londor shall bo 'reo h) sell 811 or Bny pall ollha Properly logether or separalely, III one 5010 or by separate
sales. lendar shatt be onlilled 10 bid at any public salo on all or any pOIllon Of Iho Properly.
Noll,. 0' 5.1.. l.ndor .hall glv. Granlor r.o.onablo nolie. 0' Ih. limo ond pl.e. of eny publiC .ole 0' Ihe P.rsonol Proporly or 0' Ihe 11m. after
which en, prlvale .ole or olhor Inlo",Jed dl,poSlllon ollh. Por.on,1 Propody IS 10 bo modo. UnI055 olho,wlS. rOQulrOd by oppllcablo low,
reasonablo notice shall mean nollco given at leasllen (10) dBYS bof'Jro Ihe lime ollho sale or diSposition.
W,I"'I EI",lon "f R.m.dr... A wolvor by any pa,ly of e brooch 010 P'OVlSlon 01 Ihl. Mo,lgngo .hall 0101 con.lllul. a walvor 01 or proJudleo Ihe
party's rig his olherwllie to demand strlcl compliance Wllh Ihal provision or any olher prOVISion. Elocllon by lender 10 pursue any ramedy shall nol
exclude pursuit 01 allY olhor r.mody. and an olocllon 10 010'. .XpOlldlluro. or 10'0 acllon 10 porlolln en obllgnlion of Granlor undor IhlS MOolgoge
I"ar 'allure 0' Grantor 10 perlorm shall not affoet londer's right 10 c1oclaro a dolBult and oxorciso 115 romedles undor thiS Morlgage,
Auorneys' Fetsj Expenses. If lender Inslllutes any suit or aellon 10 en'olce any 01 the terms of this MolIgage, londer shell be onlllled 10 f&Covar
such sum as the court may BOjudge reasonablo os ollornoys' 'eos at l,ial and on any appeal. Whelher or not any COUll achon is Involved, all
reasonable expenses Incurred by Lender thai in lender's opinion a'e necossary 01 any lime 'or the protection of lis lnlerasl or Ihe on'oreomenl 01
Its tights shall become a parI 0' lhe Indebledness payable on demand Bnd shall bear Inlorosl from Iho dale 0' O)lpf]ndlluro until repold Blthe rale
provided tor In Ihe Nole. E)(pensos Covered by this paragraph Include, wilhoullll11llalloll, however sub loci to any lImil5 under applicable law,
londor'. IlIorn.y.' lee, elld lendor'. logal o'pen.o. wholhor or 0101 Ih..e I' 0 10w,uII, melt/ding ollornoy,' /0.5 lor ban,rt/plcy procoodlng.
(Including ertor1s to modify or vacate any au lama tiC slay or In/uncllon), appeals and OilY nnhcrpalod posl-judgmenl cotlec:lton se,vlcos, Ihe cost 01
searching records, obtaining lille reporls (IncludIng 'orectosure reporls), sUfvoyors' roporl5, and appraisal loos. and II1Ie U1surance. to the oxtent
permUted by eppllcable law. Granlor also will pay any court COSl5, In addition 10 aU olller SUf1lS provldod by law,
NOTICES TO GRANTOR AND OTHER PARTIES. Unlo.. olhorwl.o P'OVldod by opplicablo low, ony nollco undar Ihl. Morlgoge .holl bo In WI/Illig,
mlY be be senl by lete'acslmlUe, and sholl be eUecllvo whon aclually dellverod, or whOrl deposited wllh 0 nallonally recognized overflIght courier, or, It
ailed, Sh811 be deemed e'tecllve when depOSited In Ihe United Slalos mnllllf5t class, eorfllied or rogir,lorod mnil, poslage prepaid, directed to the
ddreSHS shown near Ihe beginning or Ihls Morlgage. Any parly may chAnge lis address lor nolices under this Morlgage by giving lormal wrillen
otice to the olhor parlles, specllylng thallhe purp059 ollhe nollce 15 10 chllngo lho pmty's address, All coplos 0' noUces 0' loreclosure Irom Ihe holder
' Iny Ifen which has priority over Ihls Mortgage shQIl be senllo Lender'& address, as shown nOllr Iho beginning of Ihls Morlgage For noliee purposes,
rlnlor Igrees 10 keop Lender Informed at aU limes 01 Granlor's current address.
ISCElLANEOlJS PROVISIONS, The following mlsc.llolloou. P'OVlSlons oro 0 porl v, IhlS MOIlgago:
Amendmenu. ThiS Mortgage, logether wllh any Related Documents, conslllules Ihe enUre underslandlng And aqreemenl of Ihe par1ies as 10 Ihe
meller. .01 lorlh In Ihl. Morlgage, No allorellon 01 or omondmenllo Ihl. Modgogo Sholl bo .1I0cllv. unless glvon In wrlllng end Slgnod by Ihe
party or parllos sough I 10 be charged or bound by Ihe aHerallon or amendmenl.
Appllc~lt Law. This Mone.1ie hJS bfen delivered 10 lender Jnd .1ccepled by lender In Ihe (nl11nlOnwe.llth o( PennsylvanlJ. This
Moneaee sh~1I be a:overned by .1nd <onslrued III a,(orll,ln((, wlll\ Ihe laws nr Ih~ (or11monwe,lllh o( Pl'nmylv.mla.
Ciptlon HudlniS, Capitan headIngs In Ihls Morlgage oro 'or convofllonce purposes only find are nol 10 he used to Inlerprel Or define the
provl.lon. 0' Ihl. Morlgoge.
M.r.". There .h.1I be no merger Of tho Inlere,l or oslo Ie creolad by Ihls MOdgoge wllh Rny olher Inler051 or e.lol. In Ih. Properly II eny lime
held by or for Ihe benefit 0' lender in any capacity, wllhoutlho wrlllen consent of lender,
Sev."bllhy. II. courl 0' compelenl JurlSdlcllon 'ond. eny prOVf51011 of Ihl. Morlgage 10 be Invalid or unenlore.able e. 10 any person or
circumstance, such finding shall not ronder thai proviSIon invalid or unen'orceable 8S 10 any other per SOilS or circumslance~. II feaSible, any such
offending prOvision shall be deemed to be mOdl'iod 10 be wlthl" tho limits 01 onforceablllly or valldlly; however, It lhe of/ending provIsion CAnnot be
so modlned, It shall be stricken and all Olher prOVisions of Ihis MorlgogJJ In flU olher respocls shall romrlin valid and en'orceable.
SUCCtS50rs ~nd A.n/ans, Sublactlo Ihe limitations staled In thiS Mortgage on lfans'or of Granlor's Inlorosl, thIs Moltgsgo shall be binding upon
And Inure to the benefit ollhe pallluli, tholr heirs, pArsonsl reprosonlalivA5, SUCcossars on(1 05slgns If ownership 0' Iho Proporly b(lcomes vesled
In a person other than Gran~or, L.ender, without rlollcO 1'0 Grantor, mlty doal wllh Grantor'!, Sur.COSSQrs With rofmonce 10 this Mnrlgaue and the
Indnbtednoss by way 0' 10,bear.1nco or o)llonslon Wllhout rel01151110 Granlor 'rom Ihn ohhgAIIOI1:-, 0' thiS Morlgage or Ii; :Ity under Ihe
Indebledness,
Tim. Is o( Ihf Essence. T1mels of Ihe assnneo 1Illhe pAr'ormanC6 of Itli5 MOllollr~n
W,3lvfrl ~nd Consents.
nOli! 1:J:l2 PAGE ;j4fl
---~- --- ---
... .---.-
MORTGAGE
(CllIlIIIlIlCd)
..__._~---
_. n ..
...__ _'_u_ .._.____.____.__.___
-,- .. .- - -. .----
:-- .--..,_:_O~-_:__~~_-,.~__,,,,,.,~=~____
luch Wllvlr II In wlillng IlId .Igned by Londel. No doilY 0' O"""ion OIllhl pI" 01 LIndo, '" ",o,clOlng ony 'Ighl Ihlll OPI'III II I Wllvo, 01
luch ,Ight 0' Iny ulh., IIghl. A wllvor by "'y pI,ly 01 0 P'OVI6l011 01 Ihi. MOIIgngl Iholl nnl co,,"lllull I WliVI' 0' 0' P'"judlc" Ihe plllY'1 ,Ighl
olhlrwlll 10 domlnd "11<' complionco Wllh Ihll P'OVII'O" 0' o"y olhe, I"OVlllolI, Nu plio' wolvo, by Lende" nOl Iny cou..e 0' daallng bllween
Londo, Ind G,"nlo" Iholl con.lllulo I wolvo, 01 Iny 01 Londo", 110hl. 0' ""y 01 G'"nIOl'1 obllgollonl 01 10 Iny 'ulure IIonlocllonl. Whlnevl'
con..nl hy Le"de, I. ,oqullod I" Ihll MOIlgoge. IIIe g,o"lIng 01 ,uch CO".onl by i.ollder ", ony Inslllnce Iholl nol conllllule conllnUlng consenllo
lubll8Quenlll1$lanC05 whOle such consent tl tBfjuirod
GRANTOR ACKNOWLEDGES HAVING READ ALL THE PROVISIONS OF TIllS MORTGACiE, AND GRAN, nR AGREES TO ITS TERMS.
x~eJ~(!~_'___
. t a tr
(SEAL)
WI,n.lI
CERTlFICA TE OF RESIDENCE
htroby cerilly, Ihellho p,eclle eddrelS 0' Ihe mo"gegle, Fln.nct., TIllll Comp.ny, herein IllS 'ollows:
oW",",," 'w., """" '^ '"'' ~-c:z~
-l- /~ ,""'"" '" '..n, ,'" .....,.....
INDIVIDUAL ACKNOWLEDGMENT
TEOF j(lj1J1/.1~&1/~_______ ____ .nJ
UNTY OF -J/(j{fL_________ __ _ _n _' IS)
. ............,
" ", (1.\ ,J, lJ I:"..
" ,.~. ......... ' . .~.
. ,.> '..,:.., ,,1.', ~ ';".'"tt ......
.' ..... .'h.... ':.
'.' tiJI" \"'."" '.~ , .
\. r'''' '... " Ihe
, w~ose.. "Io..~ d to
, . ( ~ . 'oO ""'" ..
,. .. . . '.. -'/.;
, .. ..,.~., .' ..' ~ '.. ~
, ,.... ........ .
~ ~ ..,..... """ .' .
'" -:, ., ~ ~,'
f., - ,,11.~,1;-.?""'__--_
Nolory PubliC In snd '0' Ihe Slll~'~i 'ct:i.ii~LILJILI.' tl...-
On Ihlt, Ihe IS~!:J _ dlY 0' U, 19q~, belo,. met1W1/i!fflL
'l"lgned Nollry Public, P."ontlly 'PPII,.d .,1 . Wiifr.1nown 10 me (or I.IIS'"CI~ proven) 10 _I
wllhln Inll,uO\enl, .nd 'cknawledg~d thl' h. a, she execuled tho .Ime 'or Ihe PU'POSI e, II} I'
n wltn." wher.or, I her.uneo lfl i
NolatiAl SeIlI
CaItNan E W<as, Nolay P\blo
~ Boro. \'oil< CIloJrl'f
M( eom_ Exporos Qq. 7, 1096
AO, Rig. U.S. Pal,. T,M. ou.. Vtr, 321 Ie) 1 UGe CFI PrO!i"....IC.., Inc Altrlghh "ltfll'rJ r'-;;-0031f10l ~n l N n.lI oVi~i __
[XI/WIT "A"
.tU IiIII O'rllln 'tlet ot Ilnd wlch Ih. 'mprovemen'l lherean ereeled .ilu.l. In Penn
TOWlllhlp, CIlmhrllnd Coum)', '.nnIY!"I'''., more plnloulllly boundld Ind dllorlbed looordlns
10 I Prellmlllll)' Fintl Subdlvillon Plln for I, '.lI'r.y SmUll, dRIed lull' 20, 198~ And recordld In
Ih, OMoe ofth. RlCoder 0' Deedl in Ind for Cumberland Count)' In Plln Book 49, riSe 62, II
(allowe:
D/JG1NNING It I point (pK nail) In ths elnterllne of Townlhlp Road '1'.346. (Sn1/th
lOld), It Ihe iouthw.lltm corner of LoI No. ~ Ii ihown on the abovl.dmrlbsd Subdlvhlnn
Plln~ Ihlno. by ..Idlol No.4, North 76 dearlli 0.1 mlnut" 40 lecondl Rill 226.00 fUll 10 .n
Iron pia; thenc. by IlIld now or forml/ly orrvlIl s, Mlnin (tormlrly Ilnd oftho Granlorl hI/gin),
South" dllllll J 7 minulal $0 .eeond. Ball 1$0,00 r..llo In Iron pin; lh.ne. contlnulns by lho
lime, Soulh 76 de"ree. 05 minute, ~o iecond. Well 226,00 feet 10 . polnl (pIC nlll) In lhe
cenlerllnl gfToWlllhip Road T-346 (Smith !tali!); lhallco by Ih, cenlerllno or ..Id Jl.u.d, NUllh
II deer... 17 mlllUl1l $0 ..cond, Well 150.00 tIl'tlll I ""I.., r"" _..,... .
To .11, '" ,.,,' ,....., .."~ ,
r-:,t(l
~JX"'~<""
'.J"
X~
Page 6
-- ..--.::
d
,
,
'.
, ,
, ,
"
CONTAINING 0,690 acru ond belllS deilsnnled Lot No. 3 II Ihown on the Ibllve
delcrlbld Subdlvlllon Plan,
DBING Imprllved wllh a dwelllnll houle known II 203 Smllh Road, Shlppenaburs.
AND DEING the iame property which 1, Jeffrey Smllh and SUiln S, Smith, hla wire,
IIranted ond conveyed unlo Sleven A. Failor ond Cylllhlo L, Foliar, hla wire, Granlori herein, by
lhelr deed dOled December 41h, 1986 and recorded hI Ihe omCt of Ihe Recorder or Deeda for
Cumberland Counly In Dccd nook "I", volume 32, I'olle 808
AND Iho iald Grantora hereby Covenant and agree Ihal Ihey will warranl ipeclolly Ihe
property hereby conveyed.
IN WITNESS WIIEREOF. apld Orplllon have hereunto aellhelr handi and aeala the day,
monlh and year 11m above wrlllen.
SI,net/, Senl.d nnd D.II".,.,I
In the proline. of
, / '~j '3. dL,
uJ
. STEVEN A, FAILOR
C~LL 0.."'\-:\0.0",
I NTIIIA J.. IrAltOR
(SEAL)
(SEAL)
~11(!i;~~m ~ ! . "
f tR c:
~ :on
J~~gl ;~ .... :iI u,'" :0
~ ,,,nC'J
'" II '-c :u Q'n
I .... ,_;:1:1 ,..,
~ S- o'"
~ Col ~ ",-I
. Q:I;J'I.I
: ... ~.
. ~ :i C")~,....
. :~~ ., '-
~ c a'"
m :w 2,..,n
f(1 ~; -.,...:;,
~, '&II "0",
... F.f
J N . lit
~\ ~
i!l c: _ ~ ~ 84
t!l~ilfh~tji i= ~ 2 BOU! 139 fl,et
Iiltg8i,gtgl!l8!iJ~ ...
...
"
, . ,
ACT &1 NOTICE
T~KE ~CTION TO S~VI YOUR HOMI 'ROM 'ORICLOSURE
Thl Commonw..Uh 01 Plnnlvl\lOfllll" Horn.owne',' EIllU'\JOI''Y MOl1ijuuoAulallnce P'O'J,aJn moy bit "bllt 10 holp you, AI.d Ihelollowlllg nolle,lo hnlJ oulhow thl program
work,
II you mild ,"ottlMlotm81.on colllhlt PlInnllylvlIllIU HUUGII1\J finance AlJunq III I 160013..2.2391
l.a 1101111l;OCIOI1 "" III.J,111110 IIllllt 'lima Impo/lOnCIIJ. PUlJIIJIl,JCIIIo au IWHIChl) U (lJlllmulu ...1......l1lh> un au ClUB SIIlO COlllPfUlld8 81 tonlu,\IlJo de tllla 110111l'1,IIJI'I oblongs unl
UIIlJucCIOl1l1nrnudlBUUnuI1ht IIl1ll1onda UIIII ugIJrlC10 tP(lllnayl.....tllllll thlUl)r,ICj F I,HIIICIJ .A\JUllcrllllll t;lI'YUG III tllJtI1Ufl) II1UflCIOIlII!JIJ a,'lbo PlJutJea '" ulUlJlbl' PilI II un ptlflllnmo
pOI III P'O\JIUtllllll,JlI1lJdQ' HomuOWllor!' EnllUlJ....nC)' M1lil\lll\l1J .AalllitllllClJ ",oU,alli" IJI CUll puutJu IHIIYliIl)1J ClJlIlJ l.ltJ la puuJldlJ Oul dUlllCM Ii ,odllnl' eu IllpotecD
AE Accounl No
ACT 91 NOTICE
IMPORT~NT: NOTICE 0' HOMEOWNERS' IMEROINCY MORTG~UE ~SSISTANCI PROOR~M.
PLUSE RUO THIS NOTlCI,
YOU M~Y DE ILIGIBLE FOR FINANCI~L ~5SISTANCE WHICH C~N S~V.
YOUR IlOME 'ROM FORECLOSURE ANO HILP YOU M~KE FUTURE MORTG~OI p~VMINn
1 Gl1059<\flb Oal. .1une::'0. 1997
TO:
Earl
P~. 1701 J
FROM
You m.y b. IlIglbl. for 'Inancl.1 ...lll.nc. lhll will prlv.nl 'orlelo.u,. on ~our mong.gl If ~ou compl~ with Ih. provlllonl of Ihl Homlown.,.' Imerglnc~
Morlg.g. .AIII.t.nel .Ael at 11183lthe ".Acl"l. You may b. .lIglbl. tor .m"g.nc~ t.mporary ...llllne.1I ~our d."UIl hu b..n clulld by clrcum,"ne.. b.yond
your conlrol, you h.v. I ,...onlbl. pro,p'Cl or rllumlng ~our mOrlglg' p.ym.nt., and It you mill other .lIgltJlllly ,.qulrem.nl. tlllblllh.d by thl Plnn.vlnnl.
Hauling fI".nc. .Aglney. Pl.... rlld ,II or Ihl. Nolle.. Ii conl.lnlln ..pl.n.tlon 0' your rlghll.
Undlr Ihe Acl, you ale.nll1l80 10 0 temporery IIloy olloreclosu'e on your mortQBlfu lor thilty (301 days Irorn Ihe dBle ollhll NOllca. OUlm\) thai lime you !tlUSlllr,anglJ and
11I8nd a Hlatt-Io.tacs" meellng Wllh 0 'epresontBtlYU olltllS lender, or wllh I aosll)hOled consumer CUJdl1 counllellnl) agency Tht) purpO$Q 01 thiS rneu\lng IS 10 ollempllo work
oul a repaymenl plan, or 10 olherwlse sellle your delinquency. ThiS maallng musl OCcu,ll1lhe flO),llIllrly t30l days
II ynu I)llend I) lace.lo-Ioco moellOg wllh Ihls lendor, or wllh a consumer cretJi! counliOhng agency lOIU1l1ller:J 10111115 nollce, no lurthQr proceedmg 1/1 mOr1QBQlloreclosure may
lake place lor Ihltly (30) deYIl oller the (jalo 01 tl11S meullng.
The nam., addren Bnd telephono number 01 our represenlllllva IS:
.1acl\ V I1IJ r.Ct! i 51jn
~ ~ Hiler!iI gtJl'IJY
-c3I'lisle, Pa. liOi:J
1.717 );'.11-775')
Telephone Number:
The name(Sl. add'eseles). and pholle f1umbers 01 (e) deslgnaled consumer credll couneellng oQencyties) 1& (oro):
y ~: L; A
~ 'J ~1:rect
l.i1rllSle, ~A. l/ul:J
illS only necessary to schectule onl laco-Io-lace meel,"O. You shOuld adVise thlll lendor Immedlalt1ly 01 your Inlenllons,
Your mMgaga 11510 delault bec,r;tr~U ty\'je failed 10 pay promplty mstallmenll 01 prinCipal and Inlaresl, al required, lor 0 period ololleesl Sl.Illy (60) days, The tolal amounl
011,," WIIlMgu.~or" S' .Th.Io~\lllncll1P.. 1M 101l0wlJIg: , -
_ J hontn . a' n,,<nr.s or-:t, o4~.1 U p.<lcn for we r'lOntnS or !lor!l 1997 11av 199/. ilnd lune !J997
ana latp. C arnA5 In the ijmOlJnt _no,
Your morlgage 1$ also," deloultlor Ihe follOWing rea60ns:
II you haye tnad and llrB unable 10 'esolve lhls problem al or aller your lace-lo-IBca meellng, you have Ihe righllo apply lor IInanclal aUlotance Irom Ihe Homeowners'
Emergency MOr1gage Aoslstance Fund. In order to do IhllS, you must till aul, sign and II Ie a compleled Homeowners' i:mergency AUlslance .ApphcBlIon wllh one of lhe
deSignated consumer credIt counseling ogenr.lolS lisled In the allBchmenl. An application lor asslslanco may only be obtamed Irom B consumer crodll counseling agency. The
consumer credll counseling agency Will Bsslsl you In IlIlIno out your apptlcBllon and will submit your compleled application 10 Ihe PennsylY,Ulla Housmg FinanceAgoncy. Your
epphcallon musl be hied or ~stm.Jrked, Within thlr1y (30) days 01 your lace.le.face meetll1g
It IS ex/remtJly ,mpOr/anlthst you fIle your appllCB/IOn promplly If you do not do so, or II you do not I:Jllow Ine ortler lime periods set for'" In In's ftJtl",. foreclosure may proceed
agalns, your horns ImmedIately
AYBllable lunds lor emergency mOr1'\ioge asslslMCQ are very Iimlled They will oe disbursed by lhe Agency under the lJIIglbll11y clllerl8 eslabllshed by Ihe ACI,
1115 elllreme!y ImporlantlhBI your application be accurale and complOle In uyery teapocl The PennsylYllnla HOUSing FlnMce Agency has IlI),ty (60) daya 10 make 8 deCISion
oller II reCQlyes your application. DUling lhal additional time. no lotl3cl05urll proceedings Will be pursued agamst you II you nave melthe lime reqUlrernenlS sellorlh above. You
Will be noll/led dl/eelly by that Agency or liS deCISion on your appllcallon
The Pennsylvania HouSlI1g FlI1ance Agoncy IS located at 210' Norlh Ftont Stroel, Posl GUice Bo), 8029. Harrlsblltg, PennaylvanulI 17105. TelephOne No, (717) 7BQ.3800 or
\-800.342-2397 \loll Itee number) Parsens wllh Imponed healing can call 1.800.342.2397
In Bddltlon you mlly receive anolher no lice Itom IhlS I 1 IS clllled the "NollcO ollnllnllon to Foreclosurl". You must read bolh noliCSII. since
Ihey both ellplOln rights ,hBI you now nave llnder P ose 10 01lerCI56 your rights llescflbad In 1t'1IS notice, you cannol be loreclosed upon
while you are recelYlng Ihat assistance
va,., truly yours,
--l-,.: I
___ -;-; "'. 1\ .\ '1 . '
,
I . 'I.....
\ :i. (J'
'1 --
:~k.
.I
HEMA Roy 2 8/\101
.....
. .-
, ,
I'.. ~i ~ '")
"'
'~ ';1
t .. ,i\irJ
"II''' N ' JI
,",.) ~ ; -'~i
(;.'.l;.' I ~ ~')
" J1u iE.~ Jim
1'0 ." ~"
.'r. W
, :'l" VI ....
:;l :q
...l '.,
,.
, , 'I,
"
"
, ,
,;,