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HomeMy WebLinkAbout98-07193 C', i I~ I \.': I ~: I ~. i~ I ~ ! J 8. J~ ~ It \:).; ''''j... I ~ ,~ I I I I < , I I I ~ .t. ., ~ ::. ~ ! ! 1 " I ! 't' i ~ ;~ -- 3 - '-J ~ ~ ..... I:' , ~ ()- ~ NOVAS TAR MORTGAGE, INC. plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA VS. NO . ~'1 7/1'3 Lt?4-1 DANIEL D. NEWCOMER AND KATHLEEN A. NEWCOMER Defendants CIVIL ACTION - LAW - IN MORTGAGE FORECLOSURE THIS LAW FIRM IS A DEBT COLLECTOR AND WE ARE ATTEMPTING TO COLLECT A DEBT OWED TO OUR CLIENT. ANY INFORMATION OBTAINED FROM YOU WILL BE USED FOR THE PURPOSE OF COLLECTING THE DEBT. 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, by entering a written appearance personally or by attorney and 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 ill1portant to you, YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER 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. Cumberland County Bar Association 2 Liberty Ave., Carlisle, PA 17013 717-249-3166 Legal Services, Inc. a Irvine Row, Carlisle, PA 17013 717-243-9400 A V ISO LE HAN DEMANDADO A USTED EN LA CORTE. SI DESEA DEFENDERSE CONTRA LAS QUEJAS PERESENTADAS, ES ABSOLUTAMENTE NECESSARIO QUE USTED RESPONDA DENTRO DE 20 DIAS DESPUES DE SER SERVIDO CON ESTA DEMN,DA Y AVISO. PARA DEFENDERSE ES NECESSARIO QUE USTED, 0 SU ABOGADO, REGISTRE CON LA CORTE EN FOR~\A ESCRITA, EL PUNTO DE VISTA DE US TED Y CUALQUIER OBJECCION CONTRA LAS QUEJAS EN ESTA DEMANDA. RECUERDE: SI USTED NO REPONDE A ESTA DEMANDl" SE PUEDE PROSEGUIR CON EL PROCESO SIN SU FARTICIPACION. ENTONCES, LA COUTE PUEDE, SIN NOTIFICARIO, DECIDIR A FAVOR DEL DEMANDANTE Y REQUERIRA QUE USTElJ CUHPLA CON TODAS LAS PROVISIONES DE ESTA lJEMANDA. paR RAZON DE ESA DECISION, ES POSSIBLE QUE USTED PUEDA FERDER DINERO, PROPIEDAD U OTROS DERECHOS Irl,PORTANTES. LLEVE ESTA DEI'J\NllA A UN ABOGADO lJ>lHEDIATAMENTE. SI NO CONOCE A UN ABOGADO. LLJ\HE AL "LI'MYER REFERENCE SERVICE" ISERVICIO DE REFERENCIA DE ABOGADOS), 215-238-6300. Cumberland Cm:nt.y Bal- "'s~~oci.ition :2 Liberty Ave., C,:u-lisle, PA 1'7013 717-~49-31GG Le,:pl Sf.')'ViCf'B, )nr:. 8 J)-vine Huw, C,il"1i:,](', 1'1\ 17()13 7].7-::.13-f~4C'O , . .' ",.","._,-~"""";:':j,,'T.)lI""'.""'7""'I;"I!,\i.v,,,~"~j"~IO,';l'-r.""-"I:h.".,"'_:~:~."" '~',:; ~.,....... , . l~ ,'. .~, ~ NOVASTAR MORTGAGE, INC. Plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA vs. NO. DANIEL D, NEWCOMER AND KATHLEEN A. NEWCOMER Defendants CIVIL ACTION - LAW - IN MORTGAGE FORECLOSURE THE FOLLOWING NOTICE IS BEING PROVIDED PURSUANT TO THE FAIR DEBT COLLECTION PRACTICES ACT, 15 U,S.C. ~1601: The undersigned attorney is attempting to collect a debt owed to the Plaintiff, and any information obtained will be used for that purpose. The amount of the debt is stated in this Complaint. Plaintiff is the creditor to whom the debt is owed. Unless the Debtor, within thirty (30) days after your receipt of this notice disputes the validity of the aforesaid debt or any portion thereof owing to the Plaintiff, the undersigned attorney will assume that said debt is valid, If the Debtor notifies the undersigned attorney in writing within the said thirty (30) day period that the aforesaid debt, or any portiun thereof, is disputed, the undersigned attorney shall obtain written verification of the said debt from the Plaintiff and mail same to Debtor. Upon written request by Debtor to the undersigned attorney within said thirty (30) day period, the undersigned attorney will provide debtor with the name and address of the original creditor if different from the current creditor. PURCELL, KRUG & HA,LLER Leon P. Haller, Esquire 1719 North Front Street Harrisburg, PA 17102-2392 (717)234-4178 Attorney ID #15700 Attorney for Plaintiff _ '_ c '. ~ .~ ._ . , " .. . . \. ' . . _ ,. , ~ '. _ , . " ,:. '; . , _ ' ~ . -- ~ ~-.l:t~~~-::....:......",....... NOVASTAR MORTGAGE, INC. plaintiff IN THE COURT OF COMMON PLEAS CUMBERLAND COUNTY, PENNSYLVANIA vs. C' .--/ NO. 't'J.1/'1.1 :wJ ",,- DANIEL D. NEWCOMER AND KATHLEEN A. NEWCOMER Defendants CIVIL ACTION - LAW - IN MORTGAGE FORECLOSURE COM P L A I N T 1. Plaintiff, NOVAS TAR MORTGAGE, INC., is a Virginia corporation, with an address of 1900 WEST 47TH PLACE, WESTWOOD, KANSAS, 66205. 2. Defendant, DANIBL D. NEWCOMER, is an adult individual whose last known address is 217 BEAVER DRIVE, MECHANICSBURG, PENNSYLVANIA 17055. Defendant, KATHLEEN A. NEWCOMER, is an adult individual whose last known address is 217 BEAVER DRIVE, MECHANICSBURG, PENNSYLVANIA 17055, 3. On or about June 5, 1998, the said Defendants executed and delivered a Mortgage Note in the sum of $141,000.00 payable to NOVAS TAR MORTGAGE, INC., which Note is attached hereto and marked Exhibit "A". 4. Contemporaneously with and at the time of the execution of the aforesaid Mortgage Note, in order to secure payment of the same, Defendants made, executed, and delivered to original Mortgagee, a certain real estate Mortgage which is recorded in the Recorder of Deeds Office of the within County and Commonwealth conveying to original Mortgagee the subject premises. Said Mortgage is attached hereto and marked Exhibit liB II . 5. The land subject to the Mortgage is: 217 BEAVER DRIVE, MECHANICSBURG, PENNSYLVANIA 17055 i:lJ1d is more particularly described in Exhibit "C" attached hereto. .'...'ICIlI<'f".- '~.:~~.,;. :., '. -;'. ,- ',- - '-, -. - . ~.' .: ~, , , ,oj .. :', ,- , :-,:' _: . -.' J,' .'. , ":. . : ..~ , " ; , . , ..... 6. The said Defendants are the real owners of the land subject to the Mortgage. 7. The Mortgage is in default due to the fact that Mortgagors have failed to pay the installment due on August 1, 1998 and all subsequent installments thereon, and the following amounts are due on the Mortgage: (a) Unpaid principal balance $ 141,000.00 (b) Interest at $40.56 per day fro~ 7/1/98 to 1/1/99 (based on contract rate of 10.500%) 7,463.04 (c) Accumulated Late Charges 77.39 (d) Late charges at $77.39 per month for 6 months 454.62 (e) Escrow 0.00 (f) 5% Attorney's Commission 7,050.00 $ 156,045.05 *Together with interest at the per diem rate noted in (b) above after January 1, 1999 and other charges and costs to date of Sheriff's Sale. The attorney's fees set forth above are in conformity with the Mortgage documents and Pennsylvania law, and will be collected in the event of a third party purchaser at Sheriff's Sale. If the Mortgage is reinstated prior to the sale, reasonable attorney's fees will be charged that are actually incurred by Plaintiff. 8. No judgment has been entered upon said ~lortgage in any jurisdiction. 9. Notice of intention to foreclose and accelerate the lonn balance pursuant to Pennsylvania Act No. 6 of 1974 is not .~ :.~ " . . '.' .",' ". ': ',', I " , ,,' ,;'; ,'. .: '.". .,. ., ." , ". .", . I ' .,~.~ '-.. -;oM",,<-" required in that the original principal balance exceeds $50,000.00. 10. Defendants are not members of the Armed Forces of the United States of America, nor engaged in any way which would bring them within the Soldiers and Sailors Relief Act of 1940, as amended. 11, Plaintiff has complied with the procedures required by Pennsylvania Act 91 of 1983 (Homeowners' Emergency Mortgage Assistance Payments Program) and Defendants have either failed to meet the time limitations as set forth therein or have been determined by the Housing Finance Agency not to qualify for assistance. WHEREFORE, Plaintiff demands judgment in Mortgage foreclosure "IN REM" for the aforementioned total amount due together with interest at the rate of 10.500% ($40.56 per diem), together with other charges and costs including escrow advances incidental thereto to the date of Sheriff's Sale and for foreclosure and sale of the property within described, PURCELL, KRUG & HALLER j , )) /' , By // (11 / ':lZ{,(j'f/\. Leon . Haller Attorney for Plaintiff I.D, #15700 1719 N. Front Street Harrisburg, Pa. 17102 (717) 234-4178 , ' " ~ '. '...", . . \, . ,h, ' ' , , ", , , " ' '. " h...,!'. L01\.lI II 911-026112 ^D.llJST^BLE R^TE NOTE (!.IIlUIt INI)EX - I(ATE C/\I'SI (,.MONTlll.lUOI{ ,'J' '. \'\;x(\ ,\ ' \\ , ,\'L'lN' \.\\,J\. \ ,)) \!V ~,\ _J ", TillS N<rn: CONTAINS I'HOVISIONS AU.OWING Fon CHANGES IN 1\1\' IN'n:IU:ST U.A'n: ANII M\' 1\10NTIILY 1''\ \'Ml-:NT. MY '\I).ItISTAUI.E INTEHEST I(ATE ('AN NI,:VEH EXCEEI) Olt HE I.ESS TIIAN TilE I,IMITS STATEn IN TillS NOTE. JUNt~ ~, 1990 I.1\.GUlll\. 1I11.t.S, ICiLYI C1\.l.l FORN 1 I\. ISLat.o} 211 UEI\.Vt:R DRIVE, HI-:CIlANICSBURG, PI\. 11055 {proporty AddroNs} I. 1l1lltROW!:I\'S l'Il11MISf: TO I'A Y III le(1\1II for a IO:lnthal I ha\'e recci\'cd, I promise to pay U,S. pIllS intcre~t, 10 the mdcr of tile Lcndcr, The l.emler is UOVASTAR $141,000.00 (ThisillIloulltiscallcd "prilldpal"), MORTGAGE, INC., A VIRGINH'I CORPORJ\TION. . 1l\lldcr~\;Il\d that the Lender ma)' Irall!>fer Ihis Note, The I.cllder or a11Y'lllc who la"l.:s this Nole hy lr:lllsIC, and \\hu IS clIlie/c.:d 10 rccci\'c paymcllts 11lld.cr this Nolc is ,ailed. the' 'Notc Iloldcl." 2. INTEIIEST Illtcrcst will hc charCl:don ullJlaid Jllillc:ill:ll Illl\LlliLc full al1lount ofprilu;ipal hilS been paid, I will pay illlcresl "I a ycally laic of 10.500\, Thc illlclcst ratc I will P:lY Illay changc III accord;mcc with Scc;tioll ,1 of this Nole. The 1I1lClcsl ralc rcquired bylhis Section 2 and SeCliC'll4 oflhis Nole is lhe ralc I will pay both before and aOcr auydcf;mlt dcscrihc(j ill Scction1(B) oi this Note J. l'A\'l\1ENTS (A) Time :llltll'l:lrc or 1';l)"lIu'nh I will pay plillcipal aud IlltClcst by maldug paymcnts C\,(:IY muuth I wilt llIilkc Ill)' llllllUhly payments all the 1ST day of cadi month be~illnil\'~ 011 AUGUST 1, 1998. ! willlll:\kc these paYlllclIts c\'cl)' IIlOr\th Ul1lrll havc IMid all of the principal ::ll1d illtCIC~1 :tlllll\uyothcr chaq:c~llcscllbed helow Ihal Ima)' uwe 1Il1dCllhis NoIC. My lIllll\thty paymClllS WIll b~ appliclllO inlCtCst hefolc prim:illal, If, on JULY 1, 2028, 1 slill O\\'C i1ll111llllts \I1lllcI this NolC, I \\ill P:I)' thosc allluunts in rUlllllllhat datc, \\'hidl is callcJ thc ,.t-,'latnrity Dale," I \"lIma"e Ill)' l1\ollthlypa)'IllCllts at 23046 AVENIDA CARLOTA 3FL Ll\GUNA lIILt.S, CA 92653 or al a 111tTclell( pl;ICC if lequired b),thc Nole lIolder (U) Amuunt of 1\-1)' Inilial I\hm1hl)' 1';\)'tnl'llts E:u:h of my llIilialmolllhly 1):_)'II1Cl1t5 Will hc in the allUlI'lltllfUS $1,289,78. This ;nl\(llllltlll.l~' clL;llIg~ (C) Monthl}' Illl)'lIIt'ul Chlll1~C~ Changcs 1I1lll)' lIltllllhty l'il)'llIetll \\'llIlellccl change'olll Ihe llI'IMi,t prilidpiil "fill)' 10;\11 :llld in the ill'crc~t ralethal I IIlllstIl;l\'. Tllc Note Illll.ler \\ III JclClmim~ Ill)' IIC\\' il\ICle~t rail.: alllllllC dlallgl'd alllount ofm)' monthly pa)'lIlCllt In ;!nutdallcc wilh SCl:11l11l 4 of III I!> NlllC .. AIlJIISTAIIU: INTUlEST itA n: ANIl MONTIII.\' I'A YMENT l'IIAN(a:S (A) Chllns.:c J);t1l'S The IIIICIC!>t t;ltC I \\111 pay 1ll;IY (h;U1I~C Oil the 1ST d;l)' of JULY, 2000 r :tlld olllhc 1ST dilY of \.'\'l"r)' 6TU 1II11l11h Ihclcalkl F:Kh dale (Ill \\hkll illY iulcrest wlcH111ld challl:c is calktl all "!l1lclnrl{;lll.Ch:ll1gc\);I'c" (lH Tilt' IrHh.'~ Ikl,!llllltlll: wlllL Ihc lil!>tlntl'lcSI Ralc Ch:lngc DalC, my' ill;ncstlatc \\111 hclt;\sed 011 an Inde\ The "Imk," IS thc a\"cl:\I',C t~r In:l'lb:lllk llllrll',llah:s Illl M\./lLOtllh tJ S It,ll:lI-,kr'lllllill;tIl.'lldqmslls 11' thel.lllllhm 1l1:I1"el ("!,IUOll'').:I>\lllhll'otll'lli" Ihl' JI'"II S{lV'" .l,'l/lIllIl Thc 111(1'01 1l\"CllllllI.l.:' frl'.LlIe :1\':llIahle :lS 01' Ihe first bll'otllCSS d;IY uf the lIlmlth illlluedl;lld~' Jlll'':~'(\lIlg the 1ll011lh III Wllldllhl' 1l\ICIr.:~t !laIc Ch:lllgC Dale O\:l:ltlS IS cllled tile "CUlll'llt Index." !llill'lell!.-' IS IllI hllll~r:1 "\':lllahk,tll~' Nnll,j lullkl \\ III LIUlo\e a lll'll IliJe\ that is hasC'd Upllll L'omp:u:Lllkil1fnlm:llil'll, The NolC Ih,l"jrl \\llll',ln: ilK' HUCke llftlm L!lOI':\' iC) ('ilklllilliull uf ('!I;lr.s.:l' 1t.-llIH' chh 11Ikh'\1 Hale (,h.lllf~l" Ibre, the Nure lIuhh:1 \1111 (':thuLltc illY Ilew 11I1('le~tl;I.lc by aJdrul: F1 VE l\NJ) SEVEN- EIGIITIIS pl'HI.t11;11~" pOllllt~) ( S ,U7~'" )hlllteCllfll'llllrHh"\ Thd''':nh.'lh)III'':i \\111 ,Ill,'l! tOUld tIll' rl'~,lI11 \lllltl~;l\I<ltlll\lllll'h!lh'.'II:,ll"..llllIC'l'q',h\h 01 IllH.'pern l!l:lge (l\llllt{ 12....~:.), SlIhJed tl1llil'llllHl~SLlll'J ill ~I'dlllll ~t\)} 1>\'11'\1,1101" IIlUllJ,'J ,llII,lUlll \\dl \I,.l\1\, Ill.11 ll\\L:ll.',~ 1,11t: 11ll11It!ll'lw.\llntell'~1 Hatl~ Chall,~e I)all' '11I,: 1\;\>1\: 'h.t.lel \1 III lll,'lll!rl..-r lIlIll,' 11l1.' ;1l11lIIlHt lIlllli.' tlHllllhh' P;t\ nKIIII\L,11 ,,(!\lld be slllrICI~'I\II\lIl'I1.l\ tILe ullll.11l1 Plllli,:lp.11 11L,lt 1,'1Il n.I!!," 1t',II'III\Il' ;II Illl'!tlh.tl,..1ltL'l'{ 'h,III)'.L'Il.lll'ltt lull (\Hllt,' M:IIl1tlly' IblC allll)' Ill'\\' tt'll'lnll;lll'lH sl1h~t:llluall~' CqU~lt p.l\ Illl'llt.. 1 II.. \'-'1111 II! rl'l~ l,lh UI.III(lIl \1 dl Ill' tILl: 1l1'1\ ,lllllltlll! ,'1111\' 111',ll1lllly P,l\ IlKHt "a:',t. I ur J ,'q;II,oj 11111 _',r-_. ....if ~" LonN "I 90-026172 (U) I.Imih un Intcrc)t Hatc Ch;lIl~c The llltClc~1 rale I ,\lU requircd 10 pay at the lir~lllllcre~L Rate Ch:\lll\c Dale ",iUnot im:rc4Ise or decrease by 1II0lC than 3,000\ htllllllll: 11I1l\al illlclc~tlale, Thclcaltcr,lIl)' inlclcstl:llc.,nllnc\'C'r he im:rcascdordcclcas\:d 011 any sinl~lc IlIlClcsl Rale Challge Date by mOlC Ih:Ul ONE pcrcclllagc jloilll(sj ( 1.000\ ) from Ihc laic tlrlllll'IC~11 !1;l\C 11l'1.:1\ \la}'ill!~ 1'01 the plI.:CCllin!', 6 lIIo11th(s) My i111cle~II;lle mllllc\'cr be glcaler thall SEVEN1'EEN ANI> ONE-IIl\LF perccllt { 11,500\ (ailed thc "Ma.\III\\llllllalc," My IIIlcre~llalc mlllLc\'cI1H: ll'ss Ih:1lI TEN AND ONE-IIl\LF ( 10.500\ ) whil.:h is called the "~llllillllll1l Ralc" ) \\'hidl IS pCICCll1 (.:) Errl'Clhc Ualc IIf(:h;U1~C f\ly IIC\\' 11llClc~tlaLC will hCCOlllC clled,,'e UlI cadlllllelc~lltllc(,hilllgc D,l1e. I will JI;I)' lhe al\luunl of my IICW 11\I1ILlhly paymcnl bcgllU{lIlg olllhe filsllll'Jlllhly :laYlm:1l1 tlaU~ allcllhc 11llCII.:~1 R;llc n,m!.:...: 1);lle \lllllllhc alllOul1l of illY 1I1ll11lhly paYIIIl.nl dlanlWs ilg;lIl1 (t') riolkc or C11l11l~C The Note Ilolller will dclivcr or lItaillO me a llolice or au)' Chillll~c ill Ill)' illlcresl tatc ilnd Ihe amollnl {If my lIIolllhly paYlIlclll bcfmc thc clfecli\'!.: dale of ;1II)' chaugc, The llutice will inchltjc iurormalillll rcquiled hy law 10 be given llIe alld alslIlhe title ;11111 lelephonc Illllllbcr or a pel!>on "ho \\'111 am\\(,'1 ;Ill}' qucsliolll may 11;l\'c rq~anlill!: Ihc lIulir.:;c. S, UOIUW\\'EIl'S HIGHT TO l'IU:IIA" 1 hil\'!.: Ille lIght \tIlIlakc payments of 111illcipal al :IIlY liillC helolc lhe}' arc dlle ^ payment of plillcipal ,mly i~ hllll\\'ll as a "pICp:I)HLCIlt" \Vlu':ll llllake a 11IepaYlllcl\I, I wllllelllhe Nole Iloldcr III \\'Iilill!~ : alii duilll.\ so. 1m:!)' lIlilke a hili plepa)'II\CII\ or IWlial prell:!~'IIlClllS willH.lllt p;lying all)' prcpa)'ment chalce, The Notc Iloldcr ,,111 '.I~C all uf Ill}' prcp:t,\'1I1ellts to leduce the allWIIlll ol'lllillcill:lllllall owc lI11dcrlhis NOle,lfll1lakc a jl:ll1ial plepaYI1IClll. IIlcre will be Iloc!lalllWs illlhc \llIe d:lles of my monthly payments l1uless Ihe Nllle Ilolder agrees in WI il illg to those chauges, Myp:lrlial prepaymcnt may I edu\:c Ihe ;lnlilllllt of lilY monlhly pa)'lI1ellls a/ler flIt: tit,>l '/llelc~IIl;llc CII:1IIgc I),lle fDlIOWjJI}~ lll)' pal1i:!\ pfC)l:I.\'I11Cllt. 110\\'I.:\'el, all\' rellm:\loll dllC to lilY pallinlllrcpaYlIIcllllllay he ulrsel by all inleTesl ralc inclease TillS SECTION IS SUPERSEDED DY TilE ADDENDUM ATTACHED IIERETO AND MADE A PAKT IlEI\EOF, (I, I.UAN CII^HG~:S If a la\\', WhKh applics 10 this 10:ln alld which :;els I1w;illlum IO:lllchargcs, is linally inlerpreted so Ihat the interest or Illher loall charges collected 0111.1 be colleCled 111 conl1cctl()l\ willllhis IO:lne>.:cccd Ihe pcnnilled 1111I115, 1111,.'11: (i) any sut;h loall (;II:lr!\C Sh;lll he leduced by Ihc alllmUllllece!.sary 10 Icdlu.:e Ihe dw ge to the pClmilll'd limit; and (ii) ,Illy MIlliS already colleclcd fl tlI11IllC Ihal e,\l'cc(lcd Jlcrlll1l1ed limils mllllc IcflllHJcd III lI1e, The Null,.' Iltllder may ~hUll.'iCIO make tIllS Iclilllll by leducing Ihe Illilldpallllwe tll1d{'llllis Nole m by 1I1;I"Tllg a lllleclll:J~'llIclltl(lllle, If a lcfumlletluces principal, Ihe rcd\ll':lioll Will be llcalcd :IS ,I paltial prl'pa~lI1CII\. 7, UOHlW\\'Ell'S .,'''II.U1U: TO IIA" AS ItH)lJIIlEIl (A) Laic Char~l's fur (hcnluc l'n)Il11'nts Ir Ihe Nole Iloldet h<ls nul reccl\"Cd Ihe lilU :fIlWUIlI of any IIlllnlhly pa~'I1lC'nllt)' Ihe emf ur 15 caknd:ll daysartcr lhe dOlte il is dUl', I l\lllIMY ;alaII,.' ch;lIge 10 Ihe Notc Illlldcl, Tire amount of Ihe ch:t!(iC \\'i11 be 6.000\ tlfmy o\'clduc jlaymcnt dpllllClp:l1 :llld mlclcsl 1 \\'111 p;1\' II1Is laIc ch:uge pllllllJllly bul only UllCC on cadll;tlC pa~'l1Iclll (n) Udaull If I dl11lOII);l\' tll\~ full alllollnt ofcalh I1ll1lllhly 11:1)'111cnl ol1llll.:dalC II is dllc. 1 mil be ill dcfaull, (C) Nllti("l~ or Ih'raull If I :\111111 dl'faull. Ihe Nute Ilolder m,l)' scnd llIe a wlinell1101i,'c lellinG Ille Ihat if I do Iml pay the o\'cldllC amoutll bY;l certalll iI.lle, Ihc Nl\le Iloldl.:l llIay rt'quilc IIIC h1 pay illlll1cdl;lldy lhc full :11111)11111 dprincipal th:llll:ls !lol becn p;lid iIlld "II Ille illlerc!>llll:lI I 0\\1.' on Ihat :llllll11UI Thai dalc IIlIl!!l be alle:lst 10 dOllS ;llIcl tlK' Ilale on wludlthc Ilolice is dcli\'crccJ or mailed IOlllC. (I)) Nil w;linr II)' Ntllc lIohll'r E\'Clllf. ;11 a IlInc whent am ill default. thc NIlle !loldel tlllcS 11111 tcql1ile mc to p:ly illl111C{Iialcly in full as tk'o(lilll'tI ahol'c.thc Nole Itolder mil Sllll ha\'c Ihe lighl Itl do..n if I am 1Il ddallh ;It "Ialer lilliI.' (E) I'll~ nll'1I1l1f Null' lIullln's Cu!.h ;1I1111:~lll'll~l'S IfillI.' NOIl'lluhkr 1I:1S requileJ 1111.' In pa~' 1Il11lll',h:lld\' III f'llI ;lS lIcseli~}t,'d ahovc. Ihe Nolc IlohJcr Will hal'e the li,:hl In he piliJ (I;K" 11\' Illl'lI,r all \Illl~ l'.I~I~ alld l"lll"ll~~'S ill.~III'II':lllg tillS NII!c Itlllll,'C'It'IIIIIOllllilllIIIIICIIIIY applicahk la\' I '1Io,{' l.'IK'll'.l'~ illtllltk, llll C'lllllplc, Il',I..,IIU\!1c a"lIIIlI.:Y~' k~'~ H. GI"!"(; OFl'\OTlCES lJl1b~ applit:;lblc law lequill;~:l dltktCIlIII1Clhud, all)' lIolil'c l1latlllu!>tbc l~I\'ClltO me undcrlllis Nole \\ ill be ~i\'cu hydcli\'elillg II {II' by 1Il:1111llg II h~ fll~1 da~s iIlall \(1I1lC :11 the !'wllel1\" Addll'~S illxwc {1f al a dilkll.llt :uldl::ss if! gi\'e tht Nolc Ih,lller :1llolice uflll\' lhfil'll"Ill ;\lldl\'~" lhllc~.. till: N,,lll'lllll,1c1 Il'qlllll'~ :ll.hlll'lI.'IlI11U'lIHl\l,al1~' llolllelhalll1usl be g1\Tl1loltle NnlL' Iloltkt lll\lkl thl!! Nole Will he gl\'ell b~' m:lllil1g II b\ 111\\ d;I\S lI\:ullo llie Nule lIolllel ;lIthe i\(lilll'~\ ~L\ll'd III :';l."-.:llOllllA);lllll\'C 01 al;1 dllfcI{'llt addlC\S If! ;1111 ,~i\"l:ll :l IHlll';C llflh:lllhlll'1l'lll :llldle~.. 'J, Olll.l(O,"T10~S (n< I'.'HSONS (INUEIt 'I illS NOn: II mOIl' tll:ll] Olll' Jl,'I~I'lI Ml;l\~ \Ill" NOIC, rath pel MIll i..lull~ ;1l\(11X'IMlll;IIl~'lJhhf~:lICd \0 "ccp all of the prolllise) \lI;ldc mllll!> ':\:otr, lududllll'.Ihc pl"lIU~e 1011:1) Ihl' 11111 :i1l1lll1ll1 O\ll\1 AlIn.....1Wll\lhnl~:1 gU:lI;il1lOl. MlIl'l~ UI ClIdlllS{'rlll IlllS Nnlc l'lal\C1Uhh/:,alcd 11\ d\.llhL'''C th\ll!~" AllY pn !.Oll 11 110 l;il.n 11\ 1'1 111.-...: Ilhllg,III'Hl~, In.ludilltl tll.: llhlll~;tlillllS llf:a gU:\I;mlUI, MHl.l}' \JI clldOl>C1 uf 111\1, t~,,\l', I" ilb\l ohlig,lInlll' l.n-jl ;lll ('1111\' jl1\l1111H'S lIl,uk 1ll1'1I~ l~(1h' The N,IIL' Ilold':l 11l:1~ t'1l101t:C II~ 1I!'.hl!o lIulklllm NOIC- ;lg:lll1st ;,';1.:11 pCl...Jlllll.11\ 1,111;1\1~ III al~0I1l1"\ ;,11 \111I~ h11'l'lhrl Tlll~ 1\\~':1II~ lhat all.\' nllL' ofm. Illil~ he 1l."1I1Ill'J. II.) 11,1\' :llll1flhc ;lIIl,llmh u\\'nt \JlLJ~'f Ih... Nlll,' 111lill' l"\1.!1\ ,IIlI PIO\ 1'1\1111\1 thl~ Nllh' ,~,IIH.tll\ lkll'rllllll\',1 hfhl' 111\':11111 ill llll{"l1l\\I~l":I"tl' b)' a l.'UlIll HI" n'iI\1pl'll'lll JlIll:.Jtrlltlll, ~'h 11 ,kId 1l11:LJ\ltllI ~li.,lllllll ;llln I lll\~ \ ,111,111" ,I[ l'lIl.ilu',:lllh:1 lll,llll' ,'Thl'l PHI\ l\l\lll 1'1. \\'AI\THS I ,Hhl ;11'1 ~1~1l>:1 P,:I \,lll \\ hI' IUI <1\1\11',111<111\ lllhklllil~ N.\\l" \\;UHIIc,' I q~hl~ (l! Illl'....tlll1\l'lll and llnlln:olll1!,h~1l1'\l . '1'lcsrlllllll:l1l" I'~l~l' 2 tlf ,1 n4:INOI , ' _ . ' . I'.', ~- ,'t , _,.,' , ""'., \ "., " " "'1....;.1 4 ":J::- r-...5 14:.;k; , C' ,~ :/' / " ALTA COMM1TMENT / - SCHEDULE C - Legal Description Commitment No, GT5956 Our :<0, c;'!595G ~L THAT Ca"T~XN lot or traet of lend known and da.i~a..d o. Lo. No.8, Block "aN, p~an No. 4 of Indian cr..k. H&DPd.n ToWn.hip. c~orl.n4 county. ?nn.yl~&nia. a. prapor.d by D. P. Ratfonop.rqor, Rogis.erod 9ur'.yor, da..d uoptombor 10. 1969 and fil.d in tho R.cordor of o.od. Offieo ot eu=b.rl.nd County on D.e~.r 3. 1911, in plan Book ~1. page 139. B&GINNIN~ a. a point on tho vo.t.rn line ot s.over Driv. at the dividing line betW..n Lot. No.8 ond 9. ..ld point b.ing G9l.51 f..t nor.hv... of tho .ourhw..t eorner of Indian Cr..k ond D..vor Drlv.: eh.ne. by LO. No.9. .outh Gl d.gr..' 30 =inut.. ~..t 0 di.t.ne. of 150.0 t..t to a point at land. n~ or fo~.rly of .ho Roolty company of p.nnaylvani., thonc. by oam. nor.h 18 d.gr..' 30 sinue.. voot . di.tone. of 85.0 foot to · peint Dt Lo. No.7. thone. by .ame north 61 d.gr... 30 minut.. .... a diDt.nc' of 150.0 t... to · point at tha ~.tarn line of B.av.r Driv., thane. by .~ louth 19 d.gr... 30 ~nut.. .a.t a diltane. of 95.0 t.et to the place o~ BEGINNING. ezING known .. 111 D.av.r Driv.. Mlehanicuburg. B~d.n TOwn.hip, cu=D.rl~~d county. penn8ylvani.h HAVINO erected . ty~..tory brick and aluminum dwelllng, SzING ~z S~ PR~ISI9 which p.nnoylvani.-O.1.war. Di.t. Council of A.D.mbli.. of God. form.rly known a. Ba.t.rn Di..riet Ceuncil of tho Aa.~li.. of Cod. by D..d dot.d March 4. 1988 a~d neord.d in tho Cffie. of .b. Rlcorder of Doed. of curi>.rlond County In Dead Boo~ VolU=. F3), rage SIB. gran..d and conv.y.d unto oani.l D. No~co=.r and ~&thl..n A. N.\Jrco=er. At. U. ::ON.t.tlllillElH ::;rll.'C - ", ,.' "'. " : . ," . . .' , LOAN .; 98-026172 TOGETHER WITH all the improvements now or hereafter erected on the property, and all easemcms, appurtenances, and fixtures no\\' or hereafter a part of the property. All replaccments and additions shall also be covcred by this Security Instrument. All of the foregoing is referred to in this Security Instrument as thc "Property." BORROIVER COVENANTS that Borrower is lawfully seised ofthc estate hereby convey'cd and has the right to mortgage, gram and convey the Propcrty and that the Property is unencumbered, except for cncumbranees of record. Borrowerwarrants and \\'ill defend generally the title to the Property against all claims and demands. subject to any encumbrances of record, THIS SECURITY INSTRUlvlENT combines uniform eovCllants for natiollaluse and non,uniform covenants with limited variations by jurisdiction to constitute a uniform secunty Instrument covering real property, UNIFORM COVENANTS. Borrower and Lender covenant and agrec as follows: 1. Paj'ment of Principal and Interest; Prepayment and Late Charges. Borrower shall promptly pay when due the principal of and interest on the debt evidenced by the Note and any prepayment and late charges duc under the Note. 2. Funds for T.,,05 and Insurance. Subject to applicable law or to a written waiver by Lender, Borrower shall pay to Lender on the day monthly payments arc due under the Note. umil the Note is paid in full. a sum ("Funds") for: (a) yearly wxes and assessments which mayattam priority over this Security Instrumentasa lien on the Property; (b) yearly leasehold payments or ground rents on the Property. ifany; (c) yearly hazard or property insurance premiums; (d) )'early fiood insurance premiums, ifany; (e) yearly mortgage insurance premiums. ifany; and (f) any sums payable by Borrower to Lender, in aecordance with the provisions of paragraph 8, in lieu of the payment of mortgage insurance premiums. These items are called "Escrow Items." Lcnder may. at any time, collect and hold Funds in an amount nol to exceed the maximum amount a lender for a federally related mortgage loan may require for Borrower'sescrow account under the federal Real Estate Settlement Procedures Actof1974 as amended from time to time, 12 U.S.C. Section 2601 e( seq. ("RESPA"). unless another law that applies to the Funds sets a lesser amount. Ifso, Lender may, at any time, collect and hold Funds in an amount not to exceed the lesser amount. Lender may estimate the amoum of Funds due on the basis of current daw and reasonable estimates of expenditures of future Escrow Items or otherwise in accordance with applieable law. The Funds shall be held in an institution whose deposits are insured by a federal agency, instrumentality. or entity (including Lender. if Lender is such an institution) or in any Federal Home Loan Bank. Lender shall apply the Funds to pay the Escrow Items. Lender may not charge Borrower for holding and applying the Funds, annually analyzing the escrow aecount, or verifying the Escrow Items, unless Lender pays Borrower imercst on the Funds and applicable law permits l.cndcrto make such a charge. Howe,'er, Lender may require Borrowcrto pay a one-time charge for an indcpcndent real estate tax reporting service used by Lender in connecticn with this loan. unless applicable law provides otherwise, Unless an agreement is made or applieabte law requires imerest to be paid. Lender shall not be required to pay Borrower any interest or earnings on the Funds. Borrower and l.ender may agree in writing. however. that interest shall be paid on the Funds. Lender shall give to Borrower. without charge. an annual accountir.g of the Funds. shO\ving credits and debits to the Funds and the purpose for which each debit to the Funds was made. The Funds are pledged as additional security for all sums secured by this Security Instrumem, If the Funds held by Lender exceed the amounts permitted to be held by applicable law. Lender shall account to Borrower for the exeess Funds in accordance with the requirements of applicable law. If the amount of the Funds held by Lender at any time is not sufficient to pay the Escrow Items when due, Lender may so notify Borrower in writing. and. in such case Borro\\er shall pay to Lender the amount necessary to make up the deficiency. Borrower shall make up the deficiency in no more than twelv'e monthly payments. at Lender's sole discretion. Upon payment in full ofall sums secured by this Security Instmment, Lender shall promplly refund to Borrower any Funds held hy Lender. If. under paragraph 21, Lender shall acquire or scllthc Property. Lender. prior 10 the acquisition or sale of the Property, shall apply any Funds held by Lender at the time of acquisition or sale as a credit againsllhe sums secured by Ihis Security Instrument. 3. Application of Pay'ments, Unless applicable law provides olhem ise, all payments received by Lender under paragraphs 1 and 2 shall be applied: first. to any prepayment charges due under lhc Note: second. to amounls payable under paragraph 2; third. to interest due: fourth. to principal due; and last. to any late charges duc under the Note. ~. Charges; Liens. Borrower shall pay all t3,XCS. assessments, charges, fines and impositions attributable to the Property which may attain priority over this Security Instrument. and leasehold payments or ground rents. ifany. Borrower shall pay these obligations in the manner provided in paragraph 2. or .fnot paid in that manner. Borrower shall pay them on time dltectly to the person owed pay ment. Borrower shall promptly furnish to Leodcr all nollees of amounts to be paid underthis paragraph. If Borrower makes these payments directly. Borrower shall p.omptly furn.sh to Lender receipts evidencing the payments. Borro\\ ershall promptly discharge any lien w luch has priomy 0\ er this Security Instrument unless Borrower: (a) agrees in writing to the payment of the obligatIOn secured by the lien in a manner acceptable 10 Lender; (b) comcsts in good faith the lien by. or defends agalllst enforcement of the licn 111. kgal proccedlllgs I' IlIch In the Lender's opinion operate to prevent the enforcement of the lien; or (0) secures from the holder of the l,cn 3n agrcemenl s.1tisfactOlY to L.endcr subordinating the lien to this Security lnstrumenl.lf Lender ~ctcnmncs th:\l J:l~ P:1rt orth~ Propcny IS SUbJClt to 311;::1 \\hlCh rn3)' 3ttJin priority over this 5ccuritv Instrument. Lender m:1Y ~I\ c BorToner J nO;I(": Id('r~t1r~ 109 the Ilcll BorrO\\cr ~Llll s:lIl"f\ lhc Ilcl1 or t.1kc oncor more of the 3ctions ~ct forth Jt:O\ ewithin 10 dJ~ s of the gl\ ing of net:.:c rE.''''~'L\'.\'l.\. Smgk F.1f:'1J1~ .""\t,\. rIlL\IC "\nOH'll:'\srUl \IE.\T \\tI)-f,n(p\\ ~'9':1r:,) fonn 3U3() '} ()(j\mrndrd ='-91 Pa:,:l" 2 or 6 Initials: J>pt! ~/ P.u'OEED ~ , " J, _~".,,". -,' \. " , , '",,', " " , ' . llo~..~ LOAlI I: 98-026172 5, Hazard or Propcrty Insurancc. Borrower shall keep thc lI11provcmems now existing or hercafter erected on the Property insured against loss by fire. hazards included within the term "extended covcrage" and any other ha,ards, IIlcluding Ooeds or Ooodlllg, for which Lender requires insurance. This insurance shall b<: maintained In the amounls and for the pcriods that Lender requires, The insurance carricr providing the insurance shall be chosen by Borrower subJect to Lender's approval which shall not bc unreasonably withheld. If Borrower fa lis to maintain coverage desenbed above, Lender may. at Lender's option. obtain coverage to protect Lender's nghts in the Property in accordance with paragraph 7. All insurance pohcies and renewals shall be acceptable 10 Lender and shall include a standard mortgage clause Lender shall have the right 10 hold the pohcies and renewals. If Lender requITes. Borrower shall promptly give to Lender all receipts of paid premiums and rene\\al nollcCS, Inthc event of loss, Borrower shall give prompt nOllce to the Illsurance carrier and Lender. Lender may make proof of loss if not made promptly by Borrowcr. . Unless Lender and Borrowerothcrwiseagrce in writing. insurance proceeds shall be applied to resloralionor repairofthe Property damaged. if the restoration or repair is economically feasible and Lender's security is not lessened, If the restoration or repair is not economically feaSible or Lender's security would be lessencd. the insurance proceeds shall be applied to the sums secured by this Securilv Instrument. whether or not then due. with any excess paid to Borrowcr. IfBorrower abandons the Property. or docs not answer within 30 days a nOllCC from Lender thai the insurancc carrier has olTered to settle a claim, then Lender may collect the insurance proceeds. Lender may use the proceeds to repair or restore the Property or to pay sums secured by lhis Security Instrumcnt, whether or not then due. The 3D-day period will b<:gin when the notice is given. Unless Lender and Borrower otherwise agree in writing. any application of proceeds to principal shall not extend or postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amoun! of the paymcms. lfunder paragraph 21 the Property is acquired by Lender, Borrower's right toany insurance policies and proceeds resulting from damage to the Property prior to the acquisi lion shall pass to Lendeno the extent of the sums secured by litis Security Instrument inuncdiatcly prior to the acquisition. 6. Occupancy', Preservation, Maintenance and Protection of the Property'; Borrower's Loan Application; Leascholds. Borrower shall occupy. establish. and use the Property as Borrower's principal residence within sixty days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower's principal residence for at least one year after the date of occupancy. unless Lender otherwise agrees in writing. which consent shall not bc unreasonably withheld, or unless extenuating circumstances exist which arc beyond Borrower's control. Borrower shall not destroy. damage or impair the Property, allow the Property to deteriorate, or commit waste on the Property. Borrower shall be in default ifany fortciture action or proccedlllg, whr.ther civil or criminal, is begun that in Lender's good faith judgment could result in forfeiture of the Property or otherwise materially impair the lien created by this Security Instrument or Lender's security interest. Borrower may cure such a default and reinstate, as provided in paragraph 18. by causing the action or proceeding to be dismissed with a ruling that. in Lender' s good faith determination. precludes forfeiture of the Borrower's interest in the Property or other material impairment of the lien created by this Security Instrument or Lender's security interest. Borrowcr shall also be in default if Borro\\er, during the loan application process, gave matenally false or inaccurate information or statements to Lender (or failed to provide Lender with any material information) in connection with the loan ev,denced by the Note. including. but not limited to. representatIons concerning Borrower's occupancy of the Propcrty as a principal residenee, If this Security Instrument isona leasehold. Borrowcrshallcomply withall the provisions of the lease l[Borrower acquires fee title to the Property. the leasehold and the fee title shall !lot merge unless Lender agrees to the merger In \\ filing. 7. Protection of Lcnder's Rights in the Property'. IfBorrower fails to perform the COI cnantsand agreements contained in this Seeurity Instrument. or there is a legal proceeding that may significantly affect Lender's rig:,ts IIllhe Property (such as a proceeding in bankruptey. probate. for condemnation or forfeiture or to enforce laws or regulations). then Lender may do and pay for whatever is necess;u)' to protect the value of the Property and Lender's rights in the Property, Lender's actions may include paying any sums secured by a lien which has prionty over this Security Instrument. appearing in court, paying reasonable anorneys' fees and entering on the Property to make repairs, Although Lender may take action underthis paragraph 7. Lender docs not have to do so. Any amounts disbursed by Lender under this paragraph 7 shall become additional d~bt of Borrower secured by this Security Instrument. unless Borrower and Lender agree to other tcm1S of payment, these amoullls shall bear interest frem the date of disbursement ot the Note rate and shall be payable. with interest. upon notice from Lender to Borrower requesting payment. 8. ;\lol1gage Insurance, If Lender required mortgage insurance as a condition of making Ihe loan secured by this Security Instrument. Borrower shall pay the prenuums reqUired to mallltain the mortgage insurance in eITeel.lf. for any reason. the mortgage IIlsurance covcrage required by Lender lapses or ceoses to be in eITect. Borrower shall pay the premiums requirr.d to obtain co\'erage substantially equivalent to the mortgage insuranee previously in cITcct. at a cost substantially equil'alentto the cost to Borro\\er of the mortgage insurance preVIously III cITeet. from an alternate mongage insurer approl'cd by Lender, If substantially equivalent mortgage Illsurance coverage is ~ol al'atlable, Borrower shall pay to Lender each month a sum equal to one-t\\clfth of Ihe yearly mortgage insurance prcnllul1l bel ng p.lld by Borrower 1\ hen the insuranee coverage lapsed or ceased 10 b<: in effoel. Lcnder ,\111 accept, lIse and r'.:tain these p.:iymcnts JS;I loss fcsene III lieu of l1longJ.gc insur,:mcc. Loss rCSCf\'C pJym~nls may no longer be required, at ti,e 01'110. n of Lcnder. If mortgage IllSllr:llle,: eo\erage (In the :llnollnt and for the perIOd thaI Lender tequIles) pro\ Ided by an insur:~ / approled by LenGer a;:lln hecomes alallai-Ie alld is Qbt:llllOd EOrlJ\\cr shall p:l' the pwnlullI' reqllired to mall1tall1 mortgai f'F~~" 1.1,1'1.\, S"";" I "",',FV\t,LlIlDtc 1'''F<Hl\J I~S'J antis:' Initials: j) iJrJ Jjr. "\11) t;H{P\) ',';..s lll't ('onn 30)') ') '>t1\tHI'llJnt S,tJl P'~i:C J of 6 ?U.DEED .~ , :... ,,' . t ..' " \ j' , _, ; _ ,.. , . . '.::." '. ' . , " '. " . I . LOAN .: 98-026172 insurance in efTect. or to provide a loss reserve, until the requiremellt for mortgage insurance ends in accordance with an)' \\oTiltcn agreement between Borrower and Lender or appllcablc law. 9. Inspeclinn. Lender or ils agent lIlay make reasonable entries upon and inspections oflhe Property. l.cnder shall givc Borroller notice at the time of or prior to an inspection speCifying reasonable cause for Ihe inspect,on, 10. Condemnation. The procceus of any award or claim for damages, direct or conseqoentlal, in conneclion with any conuemnation or other laking of an)' part of the Property. or for conveyance in lieu of eondemnalion, arc hereby assigncu and shall be paid 10 Lender. In the evenlofa tolallakmg oflhe Property, the proceeds shall be applied to the sums seemed by this Security Instrument. whether or not then doc, with any excess paid to Borrower. In the event of a panialtaking of the Property 11\ whIch the fair market value of the Property immediately before the taking is equal to or greater than the amount of the snms secured by this Sec4rity Instrument immediately before the taking, unless Borrower and Lender olherwiseagrce in writing. Ole snms secured bythis Security Instrument shall be reduced by the amount of Ihe proceeds multiplied by the following fraction: (a) the tolal amount of the sums secured Immediately before Ihe taking. divided by (b) the fair market valoe of the Property immediately before Ole taking, Any balance shall be paid 10 Borrower. In the event ofa partial taking of the Property in which the fair market value of the Property immediately before the taking is less than the amount of the sums secured immediately before the taking. unless Borrower and Lender otherwise agree in wriling or unless appllcablc law otherwise provides. the proceeds shall be applied to the sums secured by this Security Instrument whether or not the sums arc then due. If the Property is abandoned by Borrower, or if, after notice by Lender to Borrower that the condemnor offers to make an award or sCllle a claim for damages, Borrower fails to respond 10Lenderwilhin 30 dJysaftcr the dale Ihe notice is given, Lender isauthorized to collect and apply the procccds. at its option, either to restoration or repair of the Property or to the slims securcd by this Security Instrument. whether or not then due. Unless Lcnder and Borrowcr otherwise agree in writing, any application of proceeds to principal shall not cxtcnd or postpone the due date of the monthly payments referred to in paragraphs I and 2 or change the amount of such payments. II. Borrower );ot Released; Forhearance B~' Lender Not a Wah'cr. Extension of the time for payment or modification of amortization of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shall not operate to release the liability of the original Borrower or Borrower's successors in interest. Lender shall notbe required to commence proceedings against any successor in interest or refuse tocx1cnd time for payment or oOlerwise modify amortization of the sums secercd by this Secmity Instrument by reason of any demand made by the original Borrower or Borrower's successors in interest. Any forbearance by Lender in exercising any right or remedy shall not be a wai\'er of or preelude the exercise of any right or remedy. n. Successors and Assip,ns Bound; Joint and Several Liability; Co-si~ners. The co\,cnants and agreements of this Security In5tnllnent shall bind and benefit the successors and assigns of Lendcr and Borrower, subject to the pro\'isions of paragraph 17, Borrower's co\,enants and agreements shall be joint and se\'emI. Any Borrower who co-signs this Security Instrument but does not execute the Note: (a) is co-signing this Security Instrument only to mortgage, grant and convey that Borrower's interest in the Property under the terms of this Security Instrument; (b) is not personally obligated to pay the sums secured by thIS Security Instrument; and (c) agrees that Lender and any other Borrower may agree to extend. modify, forbear or make any aeeommodations with regard to the terms of this Security Instrument or the Note without that Borrower's consent. 13. Loan Charges. If the loan secured by this Security Instrument is subject to a law which sets maximum loan charges. and tlm law is linally intel]lretcd so Ihalthe interest or other loan charges collected or to be collected in connection with the loan exceed the permitted limits, thell' (0) any such loan ch"rge shall be reduced by the amount neccssary to reduce the charge to the permitted limit; and (b) any sums already collected from Borrower which exceeded permitted limits will be refunded to Borrower, Lender may choose to make this refund by reducing the principal owed under the Note or by making a direct payment to Borrower. If a refund reduces principal, the rcduction will be treated as a partial prepayment without any prepayment charge under the Note. U. NOliees. Any netice to Borrower provided for in this Security Instrument shall be given by delivering it or by mailing it by first class mail unless applicable law requires use of another method. The notice shall be directed to the Property Addressor any other address Borrower designates by notice to Lender. Any notice to Lender shall be given by first class mail to Lcnder's address stated herein or any other address Lender designates by noti" to Borrower. Any notice provided for in this Security Instrument shall be dccmed to have been given to Borrower or Lender when given as pro\'ided 111 this paragraph, ' IS. Go\erning Law; Se\'erability. TIllS Security Instrument shaH be governed by federal law and the law of the jurisdiction in winch the Property is localed, In the e\'cntthat any provision or clallse of this Security Instrument orthe Note conflicts with applicable law. such COnfliCt shall not affect other provisions of this Security Instrument or the NOle \\ hich can be gi\'en effect without the connlctll1g p10\'ision, To this end the provisions of this Sccurity Instrument and the l'ote are declared to be se\'crable. 1(" Borrower', Cop~'. Borrower shall bc s"en onc conformed copy of the NOle anu of this Sccllritv Instrument. 17. Tr>nsfer of the Prop"ny' or 3 Benefie;;,1 huere,' in Borrowcr. If JII or any part Oflhc Propcrt)'or any intereslll111 IS sold or tr:lI1sf..:rrcd (or If a bcn..:f1cIJI lnlcr.,:st II1 BouO\\ cr IS sold or t~ansf:;rrcd and Borrower is nol J natural person) without Lender's pncr ',n:!!::n cons':~l1, Lender n1:1:.. .1t lIs: l~r!l(m. [('qUlf\: HT1IllCUI:lh: pa~m::nt in full ('f;111 ~\lms secured by this Sccunty Instrument. I Pl"" Ln.\I.', s"c.:, bmd, ,1'''',',1-111.\1(' DII 01(\1 l"rIlI\IE\r Initials: iJVrJ i!11il. \'\IP fiR.(P,\;I'H:!), I-'tlmllllj'J ')")4) ,\nwuJrJ 5 '>I PJ~C ~ of (; P,\LDEEO -:;'.') I . '. " " ~~~._ _~ y .. ' . .'., . '.' '., .", " '.,..,.' .~. LOAN ,. 98-026112 ~ However. this option shall not be cxercised by Lender ifexercise is prohibltcd by federal law as of the date of this Security Instrument. If Lender exercises this option, Lender shall give Borrower nOlice of acccleratiou, The noticc shall provide a period of not less than J() days from the dale the notice is delivered or mailcd within which Borrower lIlust pay all sums secured by th,s Security Instrument. IflJorrower fails 10 pay these sums pnor to lhe e,xplfation of this period. Lender lIlay invokc any remedies pcrnlllled by' this Sc::unt... Instrument witllO\lt further notice or demand on Borro\\cr IS. Bu~rower's Right to Reinslale. If Borrower meets ccrtalll condItions, Borrower shall havc the right to have enforcement Oflhis Sccurily InslOlment discontinued at any l1mepnorto the earllerof: (a) 5 days(or such other period as applicable law may speCify for reinstatement) before sale of the Property pursuant to any power of salc contamed in this Sccurily Instrument; or (b) entry of J judgment enforcing this Securny Instrument. Those conditions arc that Borrower: (a) pays Lender all sums whIch then would be due under this Security Instrument and the Note as if no acceleration had occurred; (b) cures any default of any other covenants or agreements; (c) pays all expenses incurred in enforcing this Security Instrumenl. including. but not limited to, reasonable anorneys' fecs: and (d) takes such action as Lender may reasonably require to assure that thc lien of this Security Instrument. Lender's righls in the Property and Borrower's obligation 10 pay the sums secured by this SecllnlY Instrument shall continue unchangcd. Upon rcinstatemem by Borrower, this Security Instrumeot and the obligations secured hereby shall remain fully effective as if no acceleration had occurred. However, this right to reinstate shall nol apply in the case of accelcration under paragraph I'. 19, Sale of Nole; Chauge of Loan Servicer. The Note or a partial interest in the Note (logether with this Security Instrument) may bc sold one or more times without prior notice to Borrower. A sale may result in a changc in the entity (known as the "Loan Servicer") that collects monthly payments due under the NOle and this Security Instrument. There also may be one or more changes of the Loan Servicer unrelated to a sale of the Note. If there is a change of the Loan Serviccr. Borrower will1x: given written notice of the change in accordance "ith paragraph 14 above and applicable law. The notice will slate the name and address of the new Loan Servicer and the address to which payments should be madc, The notice will also contain any other information required by applicable law, 20. Hazardous Substances, Borrower shall not cause or pennit the presence. use. disposal, storage, or release of any Hazardous Subst;),nces on or in the Property, Borrower shall nol do, nor allow anyone else to do, anything affecting the Properly that is in violation of any Ell\ironmental Law. The preceding two sentences shall not apply to the presence. use. or storage on the Property of small quantities of Hazardous Substances that are gcnerally recognized to be appropriate to normal residential uses and to maintenance of the Properly. Borrower shall promptly give Lender written notice of any investigation. claim, demand, lawsuit or other action by any governmental or regulatory agency or private party involving the Property and any Hazardous Substance or Environmental Law of "hich Borrower has actual knowledge. If Borrower learns, or is nOlifi~d by any governmental or regulatory authori!:/.lhatany rcmov.al or other remediation of any Hazardous Substance affecting the Properly is necessary, Borrower shall promptly take all necessary remedial acnons in accordance WIth Environmental Law. As uscd in this paragraph 20, "Hazardous Substances" arc those substances defined as toxic or hazardous substances by Environmental Law and the following substances: gasoline. kerosene. other flammable or toxic petroleum products. toxic pesticides and herbiCIdes. volatile solv'ents, materials containing asbeslOsor fonnaldehyde. and radioactive materials, As used in this paragraph 20. "Environmental Law.' means fcdaallaws and laws of the jurisdIction \\ here the Property is located that relale to health. safelY or environmental protection, l'O:-;-u'),lFORM COVE:-':A,o,,;TS. Borrower and Lencer funher covenant and agree as follows: 21. Acceleration; Remedies. Lender shall giv'e notice to Borrower ~rior to acceleration following Borrower's breach of any covenant or agreement in this Security' Instrument (hut not prior to accderation under paragraph 17 unless applicable law provides othen,'ise). Lender shall notify Borrower of, among other things: (a) lhe default; (b) the action required to cure the default; (c) when the default must be cured; and (d) that failure to cure the default as specified may result in acceleration of thc sums securcd by this Security' Instnlment. foreclosure by judicial procceding and sale of the Propert~.. Lender shall further inform Borrower of the right to reinstate after acceleration and the right to assert in the foreclosure proceeding the non-existence of a default or any other defensc of Borrower to acceleration and foreclosure. If the default is not cured as specified, Lender, at its option, may require immediate Ilayment in full of all sums secured b~.thisSecurity Instrument without further demand and ma~' foreclose this Security Inst'1Jment by judicial proceeding. Lender shall be entitled to collect all expenses incurred in pursuing the remedies prov'ided in this paragraph 21, including, but not limited to, attorney's' fees and costs of litle evidence 10 the extent permitted by' applicahle taw. 22. Release. Upon payment of all sums secured bv thiS Secunt' Instrumcnt. this Sccurit'llnstrument and the estate conve'led shall terminate and become VOId Aftel such occurrenc~, Lender shail dlsch:lfgc and satisfy this Secunty Instrument mthoul ch;rge to Borrower. Borrower sh311 P:IY :.lIlY recordatIon costs 23. \VJ.j,,'rs. [30rrO\\Cr, to the c\tcnt pcrnll1tcd by ,lppl\(,lblc !a\\, '\.\Jl\CS Jno rcicJscs any error or defects In proceedtngs to I cnfor~~ thiS Sc\:unt) Instt11mcnt. :\nd hl'T('by '\:11\ cs the benetit 01 Ill: pr .:~cnt or future iJ\\ So pro\ ldmg. for stJ: of ~;(CCUllon. e:\.1cn;;:on of tun: c:x<:mpllon from .m,l...:hmcllt. k\") Jnd "JI.:, and hC;:l1C')i';Jd c\~mpIlOn . '.j, PI- "~,!.\ \'1 \. Snh"t.; bmlh 10"1 \. ~III 'IC I 'Ii Oll\1 t'..,,' UI \I~' 1 Xniti011s: VUr J .{,. \'Ir t.RII' \' ')~1IJII-"m,.'\I39 9 90 \nltndrd ~ ')1 PJ:':c 5 of 6 p.u.DEED ., ' '., ," ',,',',. ,.., ',:' I ' ;..' '. " ~, ..' . ", . '.. , . . LOAN I. 98-026172 24. Reinstatement Period. Borrower's time to reinstate provided in paragraph IS shall extend to one hour prior to the conunencement of bidding at a sheriffs sale or other sale pursuant to this Security Instrument. 25. Purchasc ;\[oney ;\[ort~a~e, Ifany of the debt secured by this Sceurity Instrument is lent to BorrowcrlO acquire title to the Propeny, this Security Instnuncnt shall be a purchase money mortgage, 26. Interest Rate Mler Jud~ment. Borrower agrees that the interest rate payable after ajudgmcnt is entered on the Note or in an action of mongage foreclosure shall be the rate payablc from time to time under the Notc, 27. Riders 10 this Securily Instrument.lfonc or more riders are exccutcd by Borrower and recorded together with this Security Instrument, theco\'enants and agreementsof each such rider shall bc incorporated into and shall amend and supplement the covenants and agreements of this Secunty Instrument as if the rider(s) were a pan of this Security Instrument. [Check applicable box(esll CXJ Adjustable Rate Rider CJ Graduated Payment Rider CJ Balloon Rider CJ VA Rider [=:J Condominium Rider [=:J 1-4 Family Rider [=:J Planned Unit Development Rider [=:J Biwcekly Payment Rider [=:J Rate Improvement Rider [=:J Second Home Rider CJiJ Other(s) [spccifyl PREPAY RIDER; ADDENDUM TO ARM RIDER BY SIGNING BELOW, Borrower accepts and agrees to the terms and covenants containcd in this Security Instrument and in any rider(s) executed by Borrower and recorded \\;th it. Witnesses: ~ ~),'M~ C))~~"MA DANIEL D. NEWCOMER ,./" // '/7 ; / - /3tcl.C,i,/>u.:. .y HLEEN A. NEWCOMER - ~.:> / t- - _.., - 1'15 Certificate of Residence I. of the \\;thin-namcd ~longagee is 23046 AVENIDA CARLOTA 3FL, LAGUNA HILLS, CA 92653 \Vitncss my hand this J_"--l','"'" dayof .....-, I 1 /'.;:"/~' - _ - ".-(1..1. -, "- J do hereby cenify that the correct address . Ir ' ,~~" /; ('/'- ; l! As~nt ,,[ ~fong3gee 1:'\1 CLL.Jo-..I"'\ J.-<..~ COM;\IONWEAL TH OF PE~NSYLV ANIA, J.....I - I County ss: On this~ th,e 5'.j.. f-..... day of ~~ J Cl.l<-U..L. C. IlJu...,-\. c:..C'o'~ I <1 ell) before me, the undersigned officer, pcrsonallv appeared d-;-~o.:.tJ-U-:-'- q, UQ.u-' c.ul"-J:" fl!C~\ kno\\n to me (or satisfactonly proven) to be the pcrsori-"~ instrument and acknO\\lcdged that ,\::.I.._L...y IN WITh'ESS \VHEREOF. I hereunto set m\vhand and official seal My Commission Expires: - \\ hose name S c~~ subscribed to Ih~ wit.~in executed the same for the purposes herein contained, ~ f't':'\'sn-,",\~'I.\. Sln,:'~ hmll\' "-:\'1.\ }11l,\1C 1 '\IHllUI1.\SrlU'\lL\l '\U'..(,R(P\J J,l)J :Ol ....nll 30JlJ 'J,<)O\mt'nltf'.J ~_"11 Pa~c 6 or 6 NOl ~RIAL SEAL , liH!L1, ;,0,',': ';R, Notary PUb~C Lot, ,,[ ,,1;"MillerSf)urg. Oduphln County. p 0 My Commission Expires Feb. 12. 200 PALDEEO -, . "'''.''''''''e::'H.o:lC::: , - ~,' _ -~" , h _ .~. ~- 'r, .. .0:". ' ".' - ,-~' - ~ ~ - .; " :?: . :.:: . " ". .',.., " '. " .. A:.L ~T CllRT":}-J lot or. t.ract ot land. k.."'lown and de'1vnat.d I" Lot No, 8, Bloc)c ....., Pl.&n No.4 ot Indian cr.ek, H~.n f~.hlp. Cu;blrland county, ..nn.ylvanLa. &8 prcp==od by D, P. P,at:!efUlperglr, Ihgidt.ered surveyor,. dated. lieptacher 10. 1~59 and H.led in t.he Raeord.r at Ce.d. Office ot CuI:l,l:)erland County on o.ce.zr.b.r ], 1911, 1n Plan Book :22, page 1)]. B!G:SNIN~ at & point on the w..t.rn l1n. or a..ver DrivI &~ tho dividlnq l1ne betw..n Lot. No.8 &nd 9. .aid point beinv 681.61 f..t. nortnw..t of the .outhw..t eorn.r ot Indian Cr..k ~~ De.~.r nr1ve; th.nce by Lot No. " eouth 61 degr..' 10 ~nut.. ~..t . di.~.nc. o~ lSO.Q fo.: to . point at land. n~ or rorm.rly of the R.aLty company of PannAylvanial thine. by .~. potth 21 d.gr... 30 minut.. w.,t & 4i.tanc. of 15.0 r.et to . pOLnt at Lot no. 71 thene. by .a=4 north 61 dogree. JO m1nute. ...t . dl.tance of 150.0 teet to a point ae tn_ ~.st.~n l1ne of a.aver Dri~., thence by .~ .outh 28 degr... 30 ~nut.. ..e~ a d~.tAnc' of 85.0 t..t to tne place ot DEGINKING, eKI~G known al Z17 >>..var Drive, Machanic.burg, H~den tOwnlhip, cu:berlL~d Coun~y. i'en."'l.ylvan1a. HAVrNG Greeted . tw~..eory brick and .1~1num dwelling. BBI~G THZ SAHZ PRBM19Z9 which Penn.ylv~11a.Oel.w.r' ~i.t, CQuncil of A'D8~11e. of 004, fo~erly ~~ovn .. Be.tern Ci.trict Council of the ~.&mbll.. oe God, by o..d dat.d M.r:h 4. 195& .nd record.d in the of~lc. of tbe Recorder of o..da o~ ~.rl&nd Coun~y in o..d Book Volu=e 133, ~.g. 518. granted and eonv.y.d ~to DL~i.l D. NawcC=lr ~d ~athl.en ~. Newco=er, - '-:3:~ " ' J . ," '~'. ';' ~ ~TO;O" " :-~ -,~'-~ ",-~T",;,"~-'-:1"~ ,~ .-',-', ' ~ ) ,.,...' ,. .,i,- --~,~, .4..-- . J C ~ ,. ~, . COMPANY NAME: NJ/{ISlJIl< MJUG'Oc. li'c, VERIFICATION I verify that the statements made in the foregoing Complaint are true and correct. I understand that false statements herein are made subject to the penalties of 18 Pa. C.S. Section 4904 relating to unsworn falsification to authorities, Dated' I:lllME\ 18, 1998 '- By .v1J ~'J<;~ ~ MARK DSAY Title VICE PRESIDENT COLLECTIONS ". . ,;" ,', ,'.,.' , . ., ~ \ , ',. . ..' . " ~ . - , , ., ~.' ',. . . . ',. ."',', ," . . '''~ -'~. 1'" <' c... t ;?''''''Y;;,:-:~..,,~..,. ",/--;;<< -'", _~__""T".... ; , ...:.~;::;.:.. II)! L j.J~.fi.L , ,Ci, .-/ '/ - . {LUlh ~,_ ("'". 'I" I "" ';:'7"'''' (;" ).':.zii"~ ,J,,;4' , iI .1 ,,' ,~ " .".~ ~ ";;"', .- ".~: '.,". ",~ ,-- "-'",,' .'co" ,'.:='1'. .. -,' " .-P"" ~ /,' /# r: 5ff:,"-l'd'~<' /::-:b/r~ ~ \.\ \....,.~;"Ju!..,'-u_' //J/ i<J~r!" , ~,h,-,,~ j ') '!e- iff ,( A" ' '. (.,<'H~~,(. '-, "--.tCJ (._ (" )1 Cd. ( " 1,I/P , " , ' ,.. ,\ .' . ' .. . ' ". " ,'.." ,>, " :~~ - ,> .> .ow' : ,. NOVASTAR ~IORTGAGE, INC. plaintiff IN THE COURT OF COMMON PLEAS CU~!S"RL;'_'JD COUNTY, PENNSYLVANIA VS, NO. 98-7193 Civil DANIEL D. NEWCOMER AND KATHLEEN A. NEWCOMER Defendants CIVIL ACTION - LAW - IN c.,ORTG.n.GS FORECLOSURE PRAECIPE TO THE PROTHONOTARY: '. . Kindly Settle and Discontinue the above matter of record. PC~CELL, KRUG & HALLER By: ?0::~1 Leon P. Hal.ler Attorney for Plaintiff Purcell, Krug & Haller 1719 Ncyth Front Street Hayy sb~rg, PA 17102 li:7234-H78 DATE: Januarv 13, 1999 -- , , , ,. <"'1 ~ ,I~ -~~ - : \, .~ , ,\ -:- _.' . - .' . - ,', '. " .'.J" ~ ~ ' ., " ' ' .. ,. . .,' , , .,. .