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HomeMy WebLinkAbout94-05834 " I, , " " 10 , \1 , " '" I, " " , , , , " , , " , , , , " , .,II ,1 , 'I " , , , ' , " " II, " ',;! , " , " , , " " , , '" " :: " , , ( I :1 " ',' " " q' .~ ~ it,. " , , ....,.. . \ ';! I', I ~ ~' ti , I'" JRD/Aprll 22, 1991/5691 Cumberland County In Plan Book _' Page _' together with the single family residence constructed thereon beln, municipally known and numbered as 814 Acrl Road, Mechanicsburg, Penn~ylvania. Said Lot No. 17 Is more particularly bounded and described In Exhibit" A' attached hereto and made a part hereof. Said real estat. descrl In Ellhlblt . A" attached hereto and made part hereof is hereinafter called the" Property.. ], A,rHlllent to Sell ond Purchose, Under and subject to the terms and conditions hereinafter provided. Seller hereby agrees to sell and convey to Buyer and Buyer hereby agrees to purchase from Seller the Property. 4. Purchose Prl\:l!. Thc p\:rch~sp price for the Property shall be the sum of One Hundred EI.hty.Flv Thousand Nine Hundred ($ 185.900,00) Dollars which said purchase price shall be paid as follows: A. Downpoyment. Upon the e",cution of this Installment Sale Agreement or prior thereto Buyer shall pay or has paid to Seller the aggregate sum of Nineteen Thousand ($19,000.00) Dollars, which said sum shall b retained by Seller. 8, Balance, The balance thereof, One Hundred Sixty-Six Thousand Nine Thousand ($ 166,900,00) Dollars, shall be paid by Buyer to Seller together with interest at the rate of eight (8") percent per annum I consecutive equal monthly installments of One Thousand Two Hundred Twenty-Four Dollars and Sillty-fiv Cents ($1.224,65) commencing June I, 1991 and on the first day oftach month thereafter until May I. 1994 at which time the then remaining principal balance together with any accrued and unpaid Interest shall be pal lIy Buyer to Seller, in full, Further. Buyer shall pay to Seller, upon the e",cution of this Installment Sal Agreement. interest from the date of the Installment Sale Agreement through May I, 1991, If applicable. Th maturity datI! oi thi. ooli~atiulI :lh.a L~ ~.l.y I, 19"1, (I) Prepoyment, Buyer shall have the right to prepay lhe principal balance of the obll,ation. a herein provided. in whole or in part. at any lime without penalty or premium. (2) Lale Chorge. Buyer shall pay a late char*e equal to five (5%) percent of the monthly principa and intere~l payment as herein provided if said monthly inslallmenl is not received by Seller withIn Ie (10) calendar days from the due dale of said Installment. -2. I."",' ~'jiJ~ :~!)7 ,~f{ .l JRf>/A(lrll :n. 199I1S697 5. ExI~lInl Encumbrance. The Property is not subject to the lien of any existinl mortlale or other. encumbrance. Seller shall not, In the future, encumber the lelal title of the Property by mortlale, jud.ment, lien or other encumbrance. ,. Title. At the time of flnal settlement, as herein (Irovlded, Seller shall convey the Property to Buyer b special warranty deed and title to Property shall be loud, marketable fee simple and such as shall be Insured by repulable title insurance company doina business in the Commonwealth of Pennsylvania at reaular rates. Such tltl shall be subject to ',he conditions, restrictions. easements and ri,hts-of.way of record. 1. "osseaslon. Possession of the Property shall be delivered by Seller to Buyer upon the ellecution of th Instillment Sale Alreemen!. 8. future Real Estole Taxes. Buyer shall be and remain responsible for the payment of county, townshl Ind school district real estate taxes assessed with respect to the Property aner the date of the execution of thl Inslallment Sale Alreement, County, township and school district real estate taxes shall be paid by Buyer to th respective taxlna authority not later than the expiralion of the "face period" and shall, within thirty (30) days 1ft. payment of each tax bill, submit a copy of the paid tax bill to Seller, Failure to pay real estate lUes, as h.r.1 provided, shall b= a default hereunder, 9. Sewer, Trash and UlIIllIes. Effective as of the date of the execution of this Installment Sale Alr..m.nl. Buyer shall be re.'ponsihle 10 pay all future sewer charges. trash as well as all utilities used or consumed In connectio with the Property, Including. but not limited to, electricity, gas. telephone and the like. Seller shall have the rllhl at Seller's ol'tlon. III r"luest (hat DUYCi rro'.-idc pro('f of payment of sewer and trash charaes, '0, Flnal Selllemenl, Final seulement shall occur on or before May I, 1994 al a lime and plae. mUlua" alreeable 10 Buyer and Seller, In the event that Buyer and Seller cannot mutually a,ree as to the tlm. Ind plac. 0 said flnal seltlementthen final settlement shall occur on May I, 1994 al 2:00 p,\I.I, (prevailln.tlm.) In the law orne of Johnson, Durne. Stewart &. Weidner. 301 l\.13rket Street. lernoyne, Penn~ylvania, In Ihe .vent thai May I, I shall fall on a Saturday. Sunday or holiday then ~etllement ~hall occur on the ne,t 'ollowin, bu,~lne8S day .llh. sa time Ind place. Time shall be deemed of Ihe essence with re'pectto final seulement. .J. 'H,.,"' '~'l n~ ). 1'1~ .). I.. JRO/Aprll 22. 1991/5697 11. Dellyery of Dftd. At the time of final selllement. Seller shall deliver to Buyer. upon payment of the the remalnlnl principal tOlether with any accrued and unpaid interest, a special warranty deed conveylnl the Property t Buyer. U. Realty Tran.~fer Taxes, All realty transfer taxes assessed in connection with the conveyance of th Property to Buyer shall be paid one.half (1/2) by Seller and one-half (1/2) by Buyer at the time of final settlement. 13. Encumhrance hy Buyer, Buyer shall not, without the prior wrlllen consent of Seller. encumber thel equitable Interest with respect 10 the Pr()r~rly nr an)' portion thereof. 14. Buyer's nefault. Payment of all monies becoming due hereunder by Buyer and the performance of II covenants and conditions of thl. Installment Sale Agreement to be kept and performed by Buyer are conditio precedent to the performance by Seller of the covenants and conditions of this Installment Sale Agreement to be kep and performed by Seller. In the evellt Buyer shall fail for a period oflifteen (IS) days after they become due to mak any payments required by this Installment Sale Agreement or should Buyer fail to comply with any other covenant 0 condition of this Installment Sale Agreement on her part to he perfurmed, Seller shall give written notice to Buyer 0 such default and upon failure of Buyer to cure said default within a period of thirty (30) days after the givinl of sal written notice, Seller may. at Seller's option, declare the then remaining principal balance due under this Install men Sale Alreement. together with any accrued and unpaid inlerest, to be forthwith due and payable; or Seller may. a Seller's ortlon. declare this Installment Sale Agreement terminated and all rilhts and oblilalions under this Installmen Sale Alreement shall cease and terminate, and all paymenls made by Buyer shall be retained by Seller IS IIquidat damages (not as a penally) for the use and possession of the Property by Buyer and to compensate Seller, In part, fo the removal of the Pr.;p..t) fwm the markft, Itga! ~';~ount;ng espen.~s ami other espenses incidental to thi transaction. 15, Confession IIf Judgment. In case nr such uncured default hy Buyer, Buyer hereby aulhorlz.. In empowers Iny 11Iorney of Iny courl of record In appear fllr her and confelS Judlment for the Ihen remllllnln principal halanc. due under Ihls Inslallmenl Sale ^lIretment 10llether with the Inler.,t remalnlnl unpaid thereo tCllflher with n.. (5%) ~rcenl allomey's commls~lon (hlued on Ihe unpaid principal blllance), hereb, wlhln Ihe rlahl of exempli on and Inqul1itlon so far II,' Ihe rroperly I, conterned, Or, Seller may, al lIS opllon, I IddUlnn 10 any and all nlher remedi", a. ailahl~ 10 Sdler al hI" or equit,. procr.ed In an Dellon of eJectmenl 0 Ihl,~ 1l\,lallmenl Snle ^eretment aflff defnull i, made 0,. urortlll1ld for Ihe recn.try of Ihe Properly and In sue .4. I \l~ :mi' i ~II I :\~l JRD/April 22. 199115697 cue Buyer luthorlzet and empowers any allurney of any court of record to IppeU for her In sn Imlable sellon In eJectment for the Property, to be entered by the Prothnnotory In which Seller shall be the plaintiff Ind Buy the defendant, snd confets Judlment fnr the Property and authorl1.e the Immediate luulnl of I writ of pGIII_1 (without asklnllaYl of court) with f1 Fo c1uu.,e and C08t and five (5"') percent IlIorney'. tommlulon (bas on thl unpeld principal balance), walvlnloll stoys and e:'IImptlon lows. , ) \ ,\ \, I \ . I Buyer: J-t ,,~,~ Robert J. M~Fadden 16. Risk of Loss. Buyer shall bear the risk of loss of flre. other perils. storm damale or odler casualt damalea to the Property (Includln, the slnale family residence) occunlnl on or after the date of thl, Installment Sa! Alreemenl. 11. Insurance. Upon the executinn of this Installment Sale Aareement and durin, the term ofdlls Install men Sale A'feement. Buyer shall maintain, al Buyer's expense, fire and casualty insurance insurin, the Property (inductln che silllle family residence) aaainstl1re or other perils which said insurance shall desllnate Seller. as dlelr respectlv Interest may appear, as loss payee or payees, In addition, Buyer shall maintain, durinldle term of this Install men Sale Alreement. liability Insurance which said insurance shall designate Seller, as their respective Interest may appear IS an additional Insured or Insureds, Buyer shail, upon the execution of this In51"lIment Sale Alrtement, provld evidence to Seiler that said Insurance, lire and casualty insurance and liability insurance, is In effect and shall aI provide, upon the execution of this Installment Sale Aareement, evidence that the first year', premium for sal Insurance hiL' been paid. In full, hy Buyer and shall, thereafter, provide evidence to Seller thalSaid insurance has b" renewed J:'ld tha premium paid, i" full. Ill, Molntenance. Buyer shall he responsihle to maintain the Property (includ!nl the sin,l, family realde",e In 1000 order and repair and In sullstanlially the same condition as the Property existed at the time of die eucutlo of this Instal"nent Sale Alreement, reasonaMe wear and tear alone excepted, 19, Applion(fll. All appliances currently in the sin ale famUy dwellinl shall remain In the sinlle famll dwelllnl durin,the term of Ihi, Inslallment SJI~ ^ire~menl, In the evenl thaI any such appliance muse be replac IIy Buyer then, in Ihal evenl, Buyer shall r~rla~~ sa;" ,Irrlian~e with the same mak~ arpliance Of an appliance of .qua quality and value, Il.'lll 'H,"] '., r ,~I I. 14fl -~. , , , . .. 25. Modlncalllln. Any chanle or addilion 10 Ihls Inslallmenl Sale Alreemenl shall be made In wrllln, and ellICuled by Seller IU1d Buyer. 24. Anl,nahlllly. Buyer shall nOI aMlan all or any pan or their Inlllresl under this Insllllment Sa! ^,r"menl or all or any part or their Inleresl with respecllo Ihe Property wlthoullhe prior wrllten COMent 01 Seller, wIllch said consent shall not be unreuonably withheld or delayed. 27. Blndln, Effed. This Inslallmolnl Sale ^Ireemenl shall be blndina upon and shaillnure 10 th. benent 0 the perlles herdo, Ih,lr rt.~"ectlve holln, eucIIlors, adminlslralors, succes~ors and permllled usl,nees. 28. nme 0' Ihe F.ssence. Time Is hereby declared 10 be or the essence wilh respect 10 thl, Installment SllIe ^,r"menl. 2'. Recordln,. This Installment Sale AII'eemenl shall be recorded in Ihe Office or the Recorder of Deed o( Cumberland al Buyer's ellpense. The recorded Installmenl Sale Alreemenl shall be returned to Seller and shail relalned by Seller unlil I1nal selllolmenl as herein provided, 30, Governln. Law. This Alreemenl shall be loverned by and construed in accordance with the laws 01 dI Commonwealth or Pennsylvania, ~,',~t~ ~9'i' "'f~ tit? .7, . . . JRD/Aprll22, 1991/~697 .... . I . I .. . . .. . EXIIIDlT "A" LEGAL DESCRIPTION OF PROPERTY ALL TIIAT CERTAIN 101 or piece of amund with Ihe improvemenlS thereon erKled sllUlle In Eu Pennsboro Township, County of Cumherland and Commonwealth of Pennsylvania, bounded and dllcrlbed I accordance with laurel Hili, Revised Final Ph,", made hy Paul E, Grof &. Assoclales. Inc., Joseph N. BollllrllO Rellstered Professional Land Surveyor, dated D~cemher 30, 1988 and recorded In Ihe Office of the Recorder of Deed of Cumherland Counly, Pennsylvania In Plan Book ~7, Paie 114, a.1 follows, 10 wit: BEGINNING al an iron pin I)n the ea~tern leaal riahl-of-way line of Acrl Road II the dlvldln,lIne of lOI No a1 Ind tot No. 81, Identiiled as Ihe Recreation Area; thence alonll the eastern lelal rllhl-of-way line of Acrl Ro by II cmve 10 the lefl. havlnl a radiu, of 272.71 fe~t, an arc lenllh of 128,34 feel to I concrete monumenl al th dlvldllllline of Lot' Nos, 81 and 88 on Ihe ahove-referenced plan of lells; Ihence North ,.. delrleS 12 mlnul. IKOndS EUI, a dislance of 9~,49 feet 10 an Imn pin on Ihe weSlern bank of the Conodoplnet Creet ;theneellonl th Wlllern bank of Ihe COnodolulnet Creek, South 02 delrees 03 mlnules ~9 seconds West, I distance of "1.13 feet In Iron pin; thence still conlinulnl alonl Ihe we~tern hank of the Conodoluinet Creek, South 20 delr... 05 mlnu "3 seconds Wesl, a dl,tance of 1~7,OO feel to an Imn pin althe divldinlline of lol No. 811nd lol No. al. Identlft U Ihe Recreallon Area: Ihence 210nl ,aid dividln!: line North 64 delre" II minules 43 seconds West, a distance 0 49.10 feet to an Iron pin: thence conlinulng alona ,aid dividing line by a curve 10 the rilht, havin, I radius of 25. feet. an arc lenlth of 37,18 feel 10 an iron pin. the poinl and place of BEGINNING. CONTAINING 13,775,43 square feel, BEING Lot No, 87, Section 7 of the aforementioned plan and known as 874 Acri Road. UNDER AND SUBJECT, NEVERTflElESS, to rewictlons, easement, ~et-back lines and conditions U 110 appear of record, BEING PART OF TIlE SAME PRF.MISf.S which There~a Am,ler, widow and survivlnl spouse of the III Charles Amsler, by Indenlure daled Novemher 12, 1974, rOl'corded In Ihe Ornce of the Recorder of Deeds in Ind fa Cumberland County in Deed Book W, Volllme 25. P;tae 14, aranted and conveyed unto Donald E, Meske Ind Haze O. Meske, his wife; and by Aareement dated Octuber 25, 1977, helween Donald E. Meske and Hazel 0, Meske. hi wife (Sellen) ~nd Delll'~ Development Corp,. a Penn,~ylvania corporal ion (Ruyer), Sellers and Buyer .nlered Inlo a Alrltmenl of Sale allll "ul.ha:l\l vI a cella ill Vi..e ur I'ar.el 01 laOlI ~ituale parlly in Hampden Townshir and panl In Eu. Pennsboro Township, Cumberland Counly, Pennsylvania, of which the lbove ducribed lot Ie a part; memorandum of Ihe alreem.nt, was recorded in Ihe Office of the Recorder of Deeds in and for Cumberland County P.nnsylvanla, on Decem~er 27, 1977, in Mi~c, Book 232, Paae 860, Pursuanllo the provisions of the Busln Corporation Law of Ihe ('(\mmonwealth of I'enn'ylvani;t, hy ('ertilkale of Merger No. 11105 ala effecllve Dec.mbe 29. 1986, Oelu.e Oevefnpment Corp, merged wilh Delli" 110m., of PA,. Inc, M~ ~!J7 1~ll 11f: .11, trTll1A JIl.01A[;rll 22. !9911561)7 . , h~;'''I\CCO'CHICt \if TuE hlC\JhO~ I. t' L~,IiS CU:,I~~HLI.I.J ""IlIlf'('I'A. '91 rlll'l 1 flrl 'lOLl INSl'AI.LMEN1' SALE AGREEMENT TillS INSTAI.LMENT SAl.E AGREEMEN'I', mill.l~ Ihli..:~ lIay of If, \ ,'.~ . 1991. by IIIllI DONALD E. MESKE anI! tlAZEI. G. MESKE, hii wif~. anI! DEI.UXE llOMES OF PA., INC" I PCl\lIIylv ~ol'(lOrallon (torm.rly D\llux~ Oevelolllll.nl Corporation), of Ihe Boruullh of Berwi~k, Columbia Counly, Pel\lllylvaala htlcinaft~r in~lividuaUy and ~1l1l.:~livoly ~all.:lI "Soll.:r" and ItOBER1' J. I\l~FAODEN. of 5209 JOllClIOWIl RoId. Hurlsbura, Dallphln County, 1'1l,:.I":,lvanh, hor.:lnafter ~.II.I! "Ouy.r", W 1 '1' N ~ S S ~ ... II: WtlEREAS. S.:Uor is Ihe own.:r or' lo\ N,l. 87, Suh"ivlsion Plan or laurol HiUs, S.~don 7, recurdiW in lh Ofl1~e ul Ih. R~curllcr "t Dc,,"s of Cumh.,Ianl! Cuunty in Plan O'\llk 57. Pallt 1 H, whl~h said rtlal .S1ale Is ,lilli' In Easl Pcnnsboru l'own~hIP. CU\Ilh"r1an" CllunlY, P"nns>lvania; ilnd WIIEREAS, Soll.r has ~"n'ilrll~h:" IIl...o,"1 a slnlll': l'alllily r~siJ"n"~ munh;ipally known and numb.r'" 1S.7 A~ri Ruad. Me.:hani~sburll. I'.:nnsylvania 17055; anJ WllEREAS, Ouyer d.:sir.:s hl pur~has.: saiJ \.u\ No, 87. IOll.:,h.:r wilh Ih.: :iinal~ ramily residen.:. ~onsllll~' Ih.reon, a/llJ Sell.., d.sir.:s II) soli tho SJIll. II) Buy.r un.I.,.. and .uhj':~II'llhol.:rms anI! ~unl!ilions h.reinaft.r providolll IIIId WIIEREAS, Ih. p,'I'II.5 .10.1...: .,) cunlillu Ihol.. ull.k...l.lIl"Inll in wdli.lll' NOW. TtlEMEFOIU:, Ih. p.r1i.; h..-r",,), o.o.:t! intonJln~ III ho k~ally bou/llJ htroby. aaree IS MIQws: I, R~'\:illlb. 'rh.: r.:,il"l~ Sloll ""l'Ih ah",.: Jr. i,";"I'""ra..:" horoin by rorortn.e, J. Suhjftl R~\ll t:,I"I~, 'Ih: '''11"''''':.1 v,:,,1 ",!.II. ",hi,h I> It,. 5'1\'*" ,,\,',hIS Inslallment SJI, Aau1,mc ~ Lul N", 117. SlIb"i,bi,"ll'IJ" "I I...""d llill" S..."i"" 7, .....,,,,J...J \Illh~ Olli,~ ur Ih~ Rf~oiJ" "f D~t~" IJ'i B,l,' :m7 I~" JRD/^prll 22, 1991/5697 Cumberllnd Counly In Plan Book _, Pa,e ~, lo,elher wllh Ihe sln,'e family residence conslrucled thereon beln, munlclpllly known Ind numbered IS 874 Acri ROld, Mechanlcshur,. Pennsylvanil. Slid LoI No. .7 Is more plltlcululy bounded Ind described In E~hlhll . A. alllched herelo and made I parI hereol, Said r.al esll" descrlb In E.hlbll . A" Iltached herelo and made parI hereof Is herelnal'ler called Ihe .Properly., 3. A,rftment 10 Sell and Purchase. Under and suhjecllo Ihe lerms and condilions h.r.lnafter provided Sell.r hereby I,rees to sell Ind convey 10 Buyer and Buyer hereby a,rees 10 purchase from Seller the Property, ... "'rchu. PrlC:llI. Thc purch~st price for Ihe Property shall be the sum o( One Hundred EI.hly-Flv Thousand Nine Hundred (S 18.5.900,00) Dollars which said purchase price shall be paid IS (ollows: A. Downpaymenl. Upon the execullon of Ihls Inslallmenl Sale A,reemenl or plior thereto Buyer shall ply or ha., paid to Seller Ihe alllre,ale sum of Nineleen Thousand ($19,000,00) Dollars. which said sum shall relalned by Seller. B, Bllance, The balance Ihereof, One Hundred SI~ly.SIx Thollsand Nine Thousand (S 166,900.00) Dollars shall be paid by Buyer 10 Seller Ill,ether wllh inleresl al the rale of ei,hl (8") percenl per Innum I consecullve equal monlhly inslallments 01' One Thoosand Two Hundred Twenty,Four Dollars Ind Slxly-Flv Cenls (SI.224.6S) commendn, Jun~ I, 1991 and on Ihe Ilrsl day o( each monlh Ihereafter unllJ May I, 1994 al which lime Ihe Ihen remaining principal balance 1(',elher with any accnled and unpaid Inl.fesl shall be pa hy Bllyer 10 Seller. in full, FUllher, Buyer shall pay 10 Seller. upon Ihe eucullon o( this Inslallment SII A,reement, interesl from Ihe date oflhe Inslallment Sale A,reemenllhroulh May I, 1991. "applicable. 111 maturlly dalll ot t"l~ oolillutiulI .h.lI h~ Ma} I. 19') I, (I) Prepayment Buyer shall have Ihe ri,hl 10 prepay Ihe principal balance o( the ollll,ltlon, 11 herein provided. in whole or in parI. al any lime wilhoul penalty or premium. (1) Lole Char,e. Buyer shall pelY a late char,e equal In five (S") percent o( the monlhly prlncipa and inleresl paymenl a~ herein provided if uid monthly In~lallmenl is nOI ffceived by Seller wilhln Ie (10) calendar days from Ihe due dale of Hid iMlallment, ,2. ~'I'I~ :'!)'7 ,~'f I:-n JRD/Arrll 22. 199\15697 5. [Idstln, Encumbrance. Th. Property 15 not suhJect to th. lI.n of any ellistln. mon.... or olber encumbrance. S.ller sh.1l not. In the future, encumher Ihe lelalthl. of Ih. Prop.rty by monl"', judlm.nt. IItn or other encumbrance. e. TItle. At Ill. time of fin.1 selll.ment, .s herein provided, Seller shall conv.y lbe Property to Buyer b special warranty d.ed snd title to Property sh.1I be lood, marketahle fee simple .nd such II shall be Insured by reputable title Insuranc. company dolna business in the Commonwealth of Pennsylvania .t raaular rates, Such tltl shall be subject to lbe conditions, restrlcllons, .asemenls .nd rllhts-of-w.y of record. 7. I'oueulon. Possession of lIle Property shall be delivered by Seller to Buyer upon lbe elllCutlon of lbl Installment Sale Alrtement. I. Future Rnl Estate TOll~. Buyu shall \Ie and remain responslhle for lbe p.yment of county. towMhl and school district re.1 est.te taus assessed with respect to the Property afler lbe date of lbe eucutlon of lbl Installment Sale Alrtemenl, County, township and school district real eSlale taxes shall be paid by Buyer to lb respective tllllnl authority not later than the upiralion of the "face period" and shall, within lbiny (30) days afte payment of each tax bill, subm!.. a copy of lhe paid la~ bill to Seller. Failure to pay real estate tilles, II herei provided, shall be a default hereunder. 9, Sewtr, Trash and Utilities, Effective as of the date of Ihe ellecution of this Installment S.le Alreement, Buyer shall be re.~ponsihle to pay all futllre sewer charges. trash as well as all utilities used or consumed In connectlo with the Property. Includinl, hut not limited to, eleclricily. gas, telephone and the like. Seller shall have lbe rl.ht al Selle,s uption. to re1luesllhat Duy.:.. rro'.He proe'f C'f I'Jym'!nt r:>' sewer and Irash charles, 10, Flnal Selllement, Final selllemenl shall occur on or before May I. 1994.t a time .nd pl.ce mutuan alreeable to Buyer and Seller, In the tvenlthat Buyer and Seller cannot mutually 'Ir" as to the time and pl.ce 0 said final "tllement lIlen final seUlement shall occur on May I, 1994 al 2:00 P,M, (prevallin, time) In tho law offlc of John~on. Duffie, Slewart & Weidner. JOI Market Street. Lemoyne, Penn~ylvania, In the event that May I, 199 shall fan on a Saturday. Sunday or holiday then senlemenl ~han occur on the nut followinl business day at the sam time and place. Time shan he deem ,J of lhe essence with re~reclto final selllemen!. .J. ~J'I~:m,.~II. ,:~~ JROIAprll21, 199115697 II, o.ll.",y o'DHd. At the time of nnal settlement, Seller shall deliver to Buyer, upon payment o'tha the remalnln. prlnclpa1tolether with any accrued and unpaid illterest, a special warranty deed conveylnl the Property Buyer. . 12. Realty Trans'er Tues. All realty transfer tues assessed In connection with the conveyance of th Property to Buyer shall be paid one-hair (112) by Seller and one,half (\12) by Buyer at the time of final aettlernent. 13. Encumhrance hy Buyer. Buyer shall not, without the priof written consent of Seller. encumber thel equitable Intereat with ril:lp~ct to the Pror~"Y M nny portion thereof, 14, Buyer's De'ault. Payment of all monies becomlnl due hereunder by Buyer and the performance of II covenanlS and conditions of this Installment S31e Allreement to be kept and performed by Buyer are conditio precedent to the performance by Seller of the covenants and conditions of this Installment Sale Alrllmentto be kip and performed by Seller. In the event Buyer shall fail for a period of fifteen (15) days after they become due to mak any payments required by this Installment Sale Allreement or should Buyer fail to comply with any other covenant 0 condition of this Installment Sale Allreement on her part to be performed, Seller shall live written notice 10 Buyer 0 such default and upon failure of Buyer to cure said def3ult within a period of thirty (30) days after the Ilvlnl 0' sal written notice, Seller may, at Seller's option. declare the then remainlnl11rincipal balance due under this Inslallmen Sale Alreement, tOllether with any accrued and unpaid inlerest. to be forthwith due and payable; or Seller may, a Seller's ortion, declare this Installment Sale Allreement terminated and all rillhlS and ollll,atiQns under this Installmen Sale Alreement shall ceue and terminate, and all payments made by Buyer shall be retained by Seller IS IIquidat dama,es (not as a penalty) for tile use and possession of the Property by Buyer and to compensate Seller. In part. fo the removal of the P:,;pti'ly from the market, l~lP' a,;counl;nll expen,.es and other urenses Incidental to thl transaction, IS. Conresslon (~r Judament, In casl' or such uncured deraull hy Buyer, luyer hereby authorb. an empowers any allorney or any courl or rKord III appear rllr her and eOllra1 judamenl for Ihe Ihen remllnln prlnclpallllllllnce due under this Installmenl Sale Allreemenllollelher wllh Ihe Inlerllll remalnln. unpaid Iher IIl.ether wllh n.e (5~) pp-rcenl allorney's cnmml..llln (ha1ed olllhl' unpaid principal halance), hereh, wahln the rlaht 0' nempllon and Inqulsillon so 'ar 01 Ihe froperl, I" concerned, Or, Seller ma" It Its opllon, 1 Idditlon to any and allolher remedies a.aila"lt 10 Seller 01 II". nr eqllity, proceed In an acllon 0' ejeclmenl I Ihls In,11ollmenl Sale Alreement arter defllllll " "mtle n. orllrf'!ald In' Ihe rKovery or Ihe 'ropt'rl, and In ,ut .4. ~ 1'1< "."7' ' " . ),. r ,'(,~. I :~~. JRD/Aprll 22, 19911~697 CUI lu,er suthorlzelond empowers In, Dllurnry ot an, court ot record to opptllr tor her In sn Imlablt setl In ~edmenl tor the Properly, 10 be enlrred b,lhe Prolhonolor,ln which Seller shill be the plllnU" Ind lu, thl detendlnt, snd contes.. Judlmenl tor Ihe Property and RUlborbe the Immediate Issuln, ot s writ ot poll_I (wllhout ukln,laye ot courl) with f1 Fa c1au~e and cosl and nft (5"') percent IUorne,', commbllon (bu on the unpeld principal balance), wllylnl all ~IDYS and exemption laws. ) \ ,\ \, 1\ Buyer: :JS.~~~,\), Robert J, McFadden Ill. Rl3k ot Los... Buyer shall bear the risk of loss of flre, other perils, storm dunall or olber cuualt dun... 10 thl Properly (Includlnllbe slnlle family residence) occurrlnl on or al\er Ibe dale of ibis Installment Sat A,rermenl, 17. Insurlnce, Upon Ihe execulion oflhls Installment Sale Alreement and durlnl Ibe term oflb!s Inslallmen Sale Alrerment. Buyer shall maintain, al Buyer's upense. flre and casualty insurance insurinl the Property (includin the slnlle tamily r.idence) allainsl fire or olher perils which said insurance shall desilnale Seller, as Ibelr respectlv , Interest may appear. as loss payee or payees, In addition, Buyer shall maintain, durlnllbe lerm of this Instill men Sale Alreemenl. liability Insurance which said Insurance shall desllnale Seller. as Ihelr respecllve Interest may Ippeer as In addlllonal Insured or insured~, Buyer shall, upon the uecution of thi~ In~lallmenl Sale ^.reemenl. provld evidence 10 Seller Ihal said insurance, fire and casualty insurance and liability insurance. Is In effecl and shall at provide. upon Ibe eucution of Ihis Inslallment Sale ^llreemenl, evidence that the flrst year's premium for III Insurance ha., been paid, in full, by Buyer alfd shall. thereafter, provide evidence to Seller Ibat ~ald Insurance has bee ren~wed a:\d IhJ premlu:~ pail,l, i" full. Ill, Maintenance. Buyer shall be responsi"le to maintain Ihe Property (includinllbe .inlll family ,..Id.nee In 1000 order and repair and in suh~lanlially the same cOlldilion as the Property Illi~ted atlbe time of Ibe uecutlo of Ihis Installment Sale ^Ireement. rea,onahle wear and tear alone ucepled, 19. ^pplilln(~, All appliance, currently In lhe ,Inlle family dwellin, shall remain In the sinl" famil dw.llln, durin,lhe lerm or Ihl~ In~tallmenl Sale ^Ireem'llnt. In Ihe .venl Ihat any ~uch appliance must be feplac IIy Buyer then, in that event. Buyer shall rel'lac~ ,,,i,' arl'lian.;e \0\ ilh the ,arne make appliance or an arpllance of .qua quality and vallie, ~ ". ~1J7 i ~I r 140 ,~. litO/April 22, 1991/5691 20. Tend... WII,ed. Tender of the special warranty deed and purchase money, u herlln provided, Is hereby wllved, 21. Entire Alreemenl, This Installment Sale Alrtlmenl contains Ihl entire I,reemlnt by and betwlIlI Sell and Buyer and tIIere are no other terms. oblllalions, covenants, represenlatlons, statements or condlllons, oral otll_lal. of any kind whatsoever concernlnl Ihls sale. The provisions of this Inslallmlnl Sail Al,eement auperaed any and all prior wrlllnl. amonl the parlles. n. Nolle... Unll!! olherwlse provided herdn. any nollce 10 be liven hereunder hy either pllty 10 till otII may be mlde by personal delivery In wrilln. or by cerllfied mall, posta.e prepaid, return rlCllpt r..ted and ...11 be d..med received u of three (3) days from malliol. Mailed nolices shall be addressed IS set below, but_h may chan,e tIIelr or lIS address by livinl wrillen nollee to the olher in accordanc:. wltll this Paralraph. If to Seller: Deluxe Homes of PA" Ine, AlTN: Dooald E. Me3ke P,O, Box 323 Berwick, Peonsylvania 18603 Copy 10: Beverly J, Simpson Delu~e Homes of PA, Inc, 144 Werlzvllle Road Enola, Pennsylvania 11025 If 10 Buyer: Roberl J, McFadden 814 Aeri Road Mechankshur., Pennsylvania \1055 23. Wal"r. The failure of eilher parly 10 Insisl upon SUicl enforcement of any of till provisions of tII '1IIlll1menl Sale Alreemenl shall nol c:onslllulI a waiver of Ihe rilhl 10 enforeemenl of thll provision or any otIII provision. 2... o.crlplh. lIeadln,," Th. descrlplive headinl' used h"eln are for convenl.nc:. only and thlY are Int,nded 10 Indiclle all of the maner In Ihe IImlraph which follow the de.,c:rlptlve headlnl, Accordlnlly, descrlptlv heldi"I' have no affect whalSoever in dctermininl Ihe rllhlS or olllilallons of Ihe panles under tills 'nstallment Sal Alrllmenl, .6-. HV :m7 O!r' 141 . . . . JRO/AprU 22, 199115697 EXIIIDIT "A" LEGAl. DESCRIPTION OF PROPERTY ALL TIIAT CERTAIN lot or piece of around with the Improvements thereon erected .Ituatl In Eaa Pennsboro Township, County of Cumherland and Commonwealth of Pennsy~vlnla, bounded IJId described I aerordance with laurel Hills Revised Fin.1I Plan, made hy Paul E. Grof &. Associates, Inc., Joteph N. Bonarrlao Reslstered Professional Land Surveyor, dated Decemher 30, 1988 and recorded In the Office of the Recorder ofDted of Cumherland County, Pennsylvania In Plan Buok 57, Paae 114, as follows, to wit: BEGINNING at an Iron pin on Ihe easlern leaal rlaht.of-way line of Acrl Road at the dlvldln, line of Lot No. 87 and Lot No, 8 I, Identlfled as the Recreatlun Area; thence alonar the eastern lela! rllht>of-way line of Acrl R by 3 emvlllo the left, having a radius of 272,71 fe~l, an arc lenlth of 128,34 feet to a concrete monument at th dlvldll1lline of lots Nos, 87 and 88 on the ahove-referenced plan of lots; thence North 84 de,rl" 12 minutia .econds Eut, a distance of 9S.49 feet to an iron pin on the western bank of the Conodoplnet Creek ;thtnce lion, th weatern bank of the Conodolulnet Creek, South 02 dearees 03 minutes 59 seconds West, a distance of 41.13 feel an Iron pin; thence stili continuing alons Ihe western hank of the Conodosulnet Creek, South 20 de,rea 05 mlnu 43 seconds Weat, a distance of 157,00 feet to an Iron pin atlhe divldlns line of lot No. 81 and lol No. 81,ldentlll 15 Ihe Recreation Area: Ihence along said dividing line North 64 des/ees II minutes 43 seconds Weat, a dlstanea 0 49,10 feet to an iron pin; thence continuing along said dividing line by a curve 10 the rl,hl, havlns a radius of 2S. feel, an arc lenSlh of 37,18 feet to an Iron pin. the point am! place of BEGINNING. CONTAINING 13,775.43 square feel. BEING lot No, 87, Section 7 of the aforementioned plan and known as 874 Acri Road. UNDER AND SUBJECT, NEVERTIIElESS, tu restrlctiol1$, easement, set-back lines and condilionsu no appear of record. BEING PART OF Tflf: SAI\If: PREMISES which "here~a Amsler, widow and survlvlns spouse of the lal Charles Amsler, by IndenC\lfe dated Novemher 12, 1974, recorded In the Office of the Recorder of Deeds In and fo Cumberland County in Deed Dook W, Volume 25. Pase 14, sranted and conveyed unto Donald E, Meake and Haze O. Meske, his wife; and by AgreemenC daled Octoher 25, 1977, between Donald E. Meske .nd Hazel O. Meske. hi wife (Sellers) and Dehl~3 Development eNfl, , a Pennsylvania corporation (Buyer), Sellers .nd Buyer en"red inlo a Alleem,nt of Sale and I'UI ~h~c of a ~enaill pi.,. or l'''I..:el of land ~Iluale partly in Hampllen l'owll:lhip and partl In ElSt Penl1$boro Township, Cumberland Counly, Pennsylvania, of which the .bove described lot Ie a part; memorandum of Ihe asreemenl, was recorded In the Off1ce of the Recorder of Deeds in and for Cumberland County Pennsylvania. on December 27. 1977, In Mlsc, Bonk 232. Pase 860, Pursuanl 10 the provisions of the Buslnes Corporation Law of the Commonwealth or Penn~ylvania. hy Certlticate of Merser No. 8705 818 effecllve Decembt 29, 1986. Delu~e Development Corp. merged wilh Delu~e Homes of PA" Inc. euo~ 3!r7 \^I,f I,Hi -II, . , ' - ~--. /lU..fllfIIJM."':,;om, t.'..... lUll 1II"1:&.IU <I) 0, . , " " , ", I, , , , , ,,, j I ~ ... ~ ~ \ ~ "',."1 ~ ~ ", f:'~ , , -4- ' '. ~ 'J rn .... " ,(") 1,"", ~ ~ f"'b 1-. '~ "- ';1 ~ ) ~ ,'I '~ t-;.l ~~ r'"- ~ - ~ .... - ,r!. ~.. ~ ~ ~~ (T) ,.- ~ " "