HomeMy WebLinkAbout95-03460
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3.
That the Movant is a secured creditor of Debtors by vlrtue of a promissory note and
mortgage dated April IS, 1992 in the original principal amount of $68,000.00. Copies of the
promissory note and mortgage are atlD.ched hereto. made part hereof and marked Exhibit A,
sald copies being true and correct reproductions of the originals.
4.
That Debtors are indebted to the Movant on the mongage referred to in paragraph 3 in
the amount of $72,131. 82 calculated as follows:
Principal
Interest through 3/17/96
Late charges
Total:
$66,063.09
5,750.29
318.44
$72,131.81
5.
That interest will continue to accrue on the mortgage referred to in paragraph 3 from
March 18, 1996 at the rate of $17.26815 per day.
6.
That the instruments marked E)(hibit A provide that Debtors are responsible for
payment of the Movant's attorney's collection fees.
7.
That the instruments marked Elthibit A are in default because monthly payments due
May 15, 1995, June 15, 1995, July 15.1995. August 15, 1995, September IS, 1995, October
15, 1995, November 15. 1995, December 15, 1995, January IS, 1996, February 15, 1996 and
March 15. 1996 were not made.
8.
That in addition to the mortgage referred to in paragraph 3. Debtors have also executed
a mortgage payable to Movant in the amount of $35,000.00 dated September 13, 1993 and
recorded in Cumberland County Mortgage Book 1165, Page 1030.
FARMERS TRUST COMPANY,
Plaintiff
v.
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
P8NNSYLVANIA
CIVIL ACTION - LAW
ROBERT M. SMILEY, JR"
CRYSTAL S. SMILEY,
Defendants
IN MOR'l'GAGE FORECLOSURE
CIVIL NO. 1995 - .3'1/.. 0 eu.-J ~
.QQMELAINT
William A. Duncan, Esquire, and files this Complaint in
AND NOW, comes Farmers Trust Company, through its attorney,
Mortgage Foreclosure, of which the fOllOWing is a statement I
1. Plaintiff is Farmers Trust Company, a corporation
organized and existing under the laws of the Commonwealth of
Pennsylvania with its main office and principal place of
business located at 1 West High Street, Carlisle, Cumberland
County, Pennsylvania 17013.
2. Defendants, ROBERT M. SMILEY, JR. and CRYSTAL S.
SMILEY, adult individuals, who resides at 255 W. Middlesex
Drive, Carlisle, Cumberland County, Pennsylvania 17013.
3. On or about September 13, 1993, Defendants made,
executed and delivered to Plaintiff a note and a real estate
mortgage financing THIRTY FIVE THOUSAND DOLLARS and NO CENTS
($35,000.00) a copy of said note and security agreement and
said real estate mortgage being attached hereto as Exhibits "A"
and "B", respectively, and are incorporated herein by reference
as though fully set forth.
4. Said note and said real estate mortgage have not been
assigned.
S. ROBERT M. SMILEY, JR. and CRYSTAL S. SMILEY, are the
sole record owners in fee simple of said premises Bubject to
said mortgage, by virtue of fl, Deed dated and recorded on April
16, 1992, and recorded in the Cumberland County Recorder's
Office in Deed Book "PH, Volume 35, Page 866, more specifically
set forth in Exhibit "C", attached hereto and made a part
hereof by reference.
6. Said note and said real estate mortgage are in default
because Defendants herein have failed to pay the payments that
were due and owing for the following months, February, March,
April, and May of 1995, said payments being due and payable the
26th day of each month.
7. The Plaintiff has given to the Defendants written
notice of intention to foreclose on said mortgage as required
by law under Act 6, dated May 4th, 1995, a copy of which is
marked Exhibits "D", and attached hereto and made a part hereof
by reference.
6. The Plaintiff has given written notice of default as
required by the Homeowner's Emergency Assistance Act of 1963,
dated May 4th, 1995, a copy of which is marked Exhibits "E",
and attached hereto and made a part hereof by reference.
RECORDATION REQUESTED BY:
Fuml,. TrUll Complny
Onl W'" High SIr..,
CUUIII, PA 17013
~~.~ "~':', .:.':'~:.:,1
WHEN RECORDED MAIL TO:
Fllm"l Trull Complny
Onl Will High SIr..,
CIIUIII. PA 17013
Ii LC !, ,i l, I. ii I.J r ;; E l C S
""'j'.
'. '"'' t;.., 1,,',/,, COUll ry" PA
'93 SEI' 23 Af'110 57
SEND TAX NOTICES TO:
ROb"t M. Smu.y Jr. .nd CryIIIIS. SmlllY
255 W'" Mlddl.sex D,lv.
CIIUIII, PA 17013
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONI.Y
MORTGAGE
THIS MORTGAGE IS DATED SEPTEMBER 13, 1993, between Robert M. Smiley Jr. Ind Cryltll S. Smiley,
owner(s) In lee Ilmple, whose address Is 266 Wesl Mlddlellllx Drive, Carlisle, PA 17013 (relerred 10 below IS
"Granlor"); and Flrmers Trusl Company, whose addrelB Is One Wesl High Slreel. Carlisle, PA 17013 (relerred
to below as "Lender").
GRANT OF MORTGAGE. For v.lulbl. conlld.r.Uon. aflnlor gflnll, bargains. seUI. conv.y.. ...Igna. Iran"',,", ,,'"se', conllrm. .nd
mortg.gll 10 L.nder all 01 Granlor'. righi, lillo, and Inl.,..1 in and 10 Ih. lollowlng d..c/lb.d r.ol prop.,ly, 10g.lh.r wllh oil axis ling or .ubs.qu.nlly
erecled or aHixsd bud dings, Improvements and 'UtIUf85; all 51roels, lan05. alloys, passages, and ways; all 8asements, nghls 01 way. aU liberties,
privileges, tenements. hereditaments, and appurtenances thereunto belonging or anYWise Inade appurtonant hereallor, and the reversions and
r.m.,nd... wllh r..pecllh.r.lo; .11 wal.r, walor rlghl., IV.I.,cours.. .nd dllch rlghl. (Including slock In ullllll.s wilh dllch or irrlg.llon nOhl.); .nd all
oth.r rig hi., royolll.., .nd prollls r.I.llng 10 Ih. r.al prop.rty, Including wllhoulllmllallon all mln.,ol.. 0", gas. geolh.rm.1 .nd ,'mil., moll..., loclled
In Cumberland Counly, Commonwealth 01 Pennaylvenla (Ihe "Real Properly"):
Deed Book P36 Pege 888 Township: Mlddleaex
The Reel Property or Itl eddreslls commonly known el 265 West Middlesex Drive. Csrlllle, PA 17013.
G,anlor p,...nlly I"'gna 10 L.nd.r .11 01 Gronlor', righi, 1111., end Inl.re.1 In .nd 10 all I..... ollh. Prop.rty .nd .11 Renls from Ih. Prop.rty. In
Iddlllon. Granlor gr.nls 10 L.nd.r a Unllorm Camm.rclo' COd. securlly Inle,..lln th. Personal P,operly .nd flenls.
DEFINITIONS. Tha loll owing words ."all hav8lh. 'ollowlng m.anlng. wh.n uS.d In Ihis MOIlgag.. Torms nol olh.rwls. d.'lnad In Ihl. Mortgag. .holl
hl&vI Ihl mea.nlng, allrlbuled to rsuch lerms In the Unllorm Commercial COde. All relerenc8S to dollar amounts shall mean amountrs In lawful ml')ney of
th. Unll.d Sial.. of Am.rlc.. ,
1Ea1.llng Ind.bt.d".... Th. words "Exl.ling Ind.bl.dn.... m.an Ih. Ind.bl.dn..s d.sc/lbad below In Ih. Exl.llng Ind.bl.dn..s ..cllon of Ihi.
Mortg.ge. .
Gr."lor. Tha word "Granlo,' mean. Robert M. SmUey Jr. and Cryslal S. SmU.y. Th. Gr.nlor IS Ih. mo,lgagor und.r Ihls Morlgag..
GUI/lnlor. The wo,d 'Guaranlor" m.an. ond Includes wllhoulllmllalron, .ach and all ollh. guaranlol1l, .ur.II.., and accommodallon p.rtl.. In
connecllon wllh Ih. Ind.bl.dn.ss.
Improv.m.nl.. Tha word 'Improv.monls' m..n. Ind Includes wllhoul IImilalion .11 .xlsllng .nd fulu,. Improv.m.nl.. fixlur.., buildings,
alruclur.s, mobll. hom.s afflx.d on Ih. R..I Prop.rly, faCIIIII.., .ddlllon.. r.pl.c.manls and olh.r consl,ucllon on Ih. Ro.1 Prop.rty.
Ind.btedn.... Th. word "Indebl.dn.ss" maan. all prlnclpel and Inl.r.sl p.yabl. und.r Ih. Nol. .nd any amounls .xp.nd.d orldv.nc.d by
Lend.r 10 dlsch.rga obllgallons of Granlor or .xp.n... Incurr.d by L.nd.r 10 .nlorc. obllg.llons of Gr.nlor und.r Ihl. Mortgag., log.lh.r wllh
Inlar.sl on such .mounls as provld.d In Ihl. Mongog..
L.nder. The word "L.ndar' m..na Fa,mo" Trult Compo ny, III .ucclSao.. Ind ""gn.. Tho Lend.r I. Ih. mongagee underlhl. Mortg.g..
Mort",,,,. Th. word "Monglg.' m.ans Ihll Mongaga b.lween G'anlor and Lend.r, .nd Includ.. wllhoulllmllallon all .S$lgnm.nl. ond llICurlly
Inlarlll prOVision. r.'lllng 10 Ih. P...onal Prop.ny .nd R.nl..
Note. Th. word 'Nol." m.an. Ih. promissory nol. or cr.dil .greem.nl dll.d 5.plamb.r t3, 1993, In Ihe original principal amount 01
$35,000.00 from Granlor 10 Land.r, log.lh.r wllh oil r.nnw.', 01. .xl.nslons 01, modl/icallons 01. 'allnanClngs 01. con.olrdallon. 01. and
lub.lllullon. forth. p,omlssory nola or agreemenl.
PerlOnal Properly. The words 'P.rson.1 Properly" m..n all equlpmanl, IIxlu".. and olh.r .rllcl.. of p.rson.1 prop.rty now or h....ft" ownad
by G'lnlor, and now or har.allar .Uach.d or .IfIX.d 10 Ihe R.al Prop.rty; log.lh.r wllh all .Cc.sslon., per... .nd eddillon. 10. .11 fI lac.m.nll of
.nd alllub.lllullons for, any of such propo,ly; .nd log.lh.r wllh III proceeds (Including wllhoulllmllallon allln.ura
pramlums) Irom Iny nle or olh.r dl,poslllon olth. Prop.rly. EXHIBIT
Prop.rty. The word "Prop.rly' means colleclrv.ly Ihe R.ol PropMY and Ih. P.rsonal Property.
R... Properly. Tha wordS "Re.1 Prop.,Iy" m.a" Ih. prop.,ly, Inl.raal. and rlghls de,cnb.d abov.ln Ih. "Gr.nl 0' tl
Rel.t.d Document.. The words "Relalad Dcx:um.nts" mean and Include wllhoul IImltallon all promlssOf'Y no ~
Igre.m,nlsf guaranlles, securily agreemenls, morlgages, deeds 0' Iruslf and all olher Iflslrumenls, aoroornenls alld
herealter existing, execuled In connection with lhft Indebtedness.
Rlnl.. The word ''Ren's'' means all present and lulure renls, rovenues, Income, Issues, royalties, prolils, and othor benetlls derived 'rom the
Prop.rly eOO' 1. I f15 fACt t 037
MORTGAGE
(Conllnuedl
Pig. 2
-
-
_.-
.U.'.=-__ ..___>____
- ~
THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND PERSONAl PROPERTY. IS
GIVEN TO SECURE III PAYMENT OF TltE INDEBTEDNESS AND (21 PERFORMANCE OF AU. OBliGATIONS OF GHANTOR UlDER THIS
MORTGAGE AND THE RELATED DOCUMENTS. nus MORTGAGE IS GIVEN AND ACCEPTED ON THE FOlLOWING TERMS,
PAYMENT AND PERFORMANCE. e.eopl.. ulho,wlOo p'ovll1od In Ihl. MOllvoyo. G,.nlor .h.1I poy 10 LondOI .11 0010,,"1. .ecO/od by Ihl. MllIl~.g.
8Illhey become due, and shalll5lrlcUy por'ou" oU 01 G,onlor'5 obhal111on5 undo' this MOrlOllOij,
POSSESSION AND MAINTENANCE OF THe PROpeRTY. Glolllo' OVlUO, Iho' GloIIIOl" Po"o."on olld u.o ollho P,opo,IV .h.1I b. gov.//\od bV Ih.
'ollowlng prOVisions;
POaMulon and U... Until I" delaull, Granlor may /omBII1 In P0515QIUilon and conlrol 01 Bnd operate and manage the Property and collecllhl
R.nl. "om Ih. P,opo,ly.
Dutv to MIlnllln. Grantor .hall maintain the Properly In tonantable condlllon and promptly pe,form all "palllS, ,aplaelmenll, IInd matnl.nanCI
naclsury 10 preserve it.. \laIUD.
HaurdouI Subalane... The terms "huardoul wuls," ""oUlrdous subslance," "diSposal," "reloa58," IInd "threatened "Iuue," I" used In thl.
Mortgage, Ihall hlv. the "ITlQ meanings 115 sellorth Ulthe ComprehenSive Envuonmonlal Response, Comp.r15aIIOll, and liability Act 0' 1980, III
.m.nd.d. 42 U.S,C. Secllon 9601. .1 ..Q, ("CeACLA"). Ih. S"pOllulld Amondmonl. .nd Ao.ulholllolion Ael 01 1988. Pub. L. No, 99-499
("SAAA').lh. Hozardou. Mol.llol. TronspOlI.lion Acl. 49 U,S,C. Soclion 1801. .ls'Q., lho A..ou,,,o Cons.IV.llon .nd Aecov.,y Acl. 49 U.S.C,
Seellon 8001, .1 ooQ" or olhOl .pplleabl. .Ialo or F.do,allaw.. ,ul.., or ..gulallon. adopl.d pu,.uonl 10 .nv 01 Ih. lorO\loln9. Th.l..m.
'h.mrdou. wool." .nd "h.llIrdo". .ub,'aneo" .h.1I also Ineludo. wllhoulllmllalloll. p.I,ol.um .nd polroloum bV-p,oduel. or .ny I,aellon Ih...ol
ond a.boslo., Granlor ..pr...nl. .nd w."onl. 10 L.ndar Ihal: (.) During Iho p.,'od 01 G,anlo,'. oWII."hlp ollh. P,op.,ly. Ih.r. hu blln no
uso. generatIon, manufacturo, storage, Irsalment, disposal, release or Ihrealened reloau of any hourdous waste or lubslanc8 by Iny plrlon on,
undor, or aboullh. Prop.~V; ib) Granlor h.. rro knowl.dga 01. or ....on 10 b.lI.v. Ihollha,. ho. bo.n. ..e.pl 15 pr.v1ou.IV dloclo..d 10 .nd
acknowledged by lender In wrlllng, (I) IIny use, generallon, mynulactur8, 5torog8. Irealmont, disposal, release, or Ihreatened utl,aS8 01 any
h.zardou. wool. or .ub.lanc. bV .ny pllor own." or oce"ponl. 01 Ih. Propo,lV or (II) .nV aelu.1 or Ihr.ol.n.d illig. lion or cl.lm. 01 .ny kllld bV
ony p."on r.lollng 10 .ueh motl.'.; and IC) e.c.pl .s p..vlo"sly dlselo..d In .nd .cknowl.dgod bV t.nd.r In wllllllg, (I) n.llha, Gr.nlor nor any
I.Mnl. conlraclor. .g.nl or olh.r .ulholllOd us.r 01 Iho PropOlly .hall US.. g.n...la. m,"uloclu,a, .Ior.. Irool, dlSpo.. 01. 0( ..I.... ony
haza,dou. w..,. or .ub.lonc. on, und.r. or .boullhe Prop.rly and (II) .ny .uch .ellvlly shall b. conduel.d In compll.nc. wllh all .ppllcabl.
l.d.r.l, .1.1., .nd loc.llaw.. 'O\Iulallon. .nd ordlnone.s, Incl"dlng wllhoulllmllallon Ihoso loW', rogul.llon.. .nd o,dln.nc.. d.ocrlb.d .bov.,
Granlor .ulholll'S L.ndor .nd II. .g.nl. 10 .nl.r upon Ih. Propo~y 10 make .uch Inspacllons .nd losl.. .1 G,.nlor'. ..p.n... .. L.nd.r mav
d..m .ppropll.l. 10 d.lalmln. compllane. 01 Ih. PropOlIy wllh IhlO .ocllon 01 Ih. Mo~gago. Any In.p.cllon. or lOll. mad. by L.nd., .hall b. lor
L.nd.,'. purposes only .nd .h.1I nol ba consl'uad 10 cr..I. onv ..sponslblllly or lI.blllly on Ih. p.~ 01 L.nd.r 10 Gr.nlor or 10 any olh.r p."on.
Th. r.p....nl.llon. .nd wa"anlla. conl.llI.d h...ln oro busod on GranIOl" du. dlllvone. In Inv..llg"lnV Ih. P,op.rty lor h...rdou. wool..
G,anlor h.r.bv (.) rol..s.. .nd walv.. any lulura cl.llns .galnsl L.ndo, lor Ind.mnllv or eonlrrbullon In Ih. .v.nl Gr.nlor becom.. lI.bl. lor
"I..nup or olh.r cosls und.r any .ueh law.. and Ib) .grllS 10 Indamnlly and hOld h..ml.s. L.ndar ag,'n.' .ny .nd .11 cl.lm., losool. lI.blllll.s.
d.m.g... p.n.III... and ..pon... which L.nd.r m.y dlr.elly 0' Indl,.cIlV .u.I.ln or sull.r ...ulllllg lrom a br',Ch 01 Ihl. .ecllon 01 Ih. Mo~g.g.
or as a consequence of any use, generation, manufacture, storage, dIsposal, release or threatened release occurring prior 10 Granlor's ownllf1hlp
or Inl.r..lln Ih. Prop.~y, wh.lhor or nollh. .am. w.s or should have b..n known In G,anlor. Th. p,ovlOlon. 01 Ihl. socllon of Ih. Mor1gag..
Including Ih. obllgallon 10 Indemnlly, sh.1I ,UIVIV. Ih. p.vmonl 01 Ih. Indobl.dn... alld Ih. SlII.f.ellon .nd reconv.vane. 01 Ih. lI.n of Ihl.
Mortgag. ond .hall nol b. .H.el.d bV L.nd.r'. ,cQulOllion ol.ny Inlol.slln Iho Prop.~y. whelh.r by loreclo.ur. or olh.IWI...
NuINnc" Waite. Granlor shall nol causI, conduct or pennlt any nUlunce nor commit, permit, or suNer any stripping 0' or wlat. on Of 10 (h.
Prop.rly or .nV portion 01 Ih. PropOlIy, Wllhoulllmlllng Ih. o.ner.llly 01 Ih. lor.golng, Granlor will nol IOmov., or gr.nllo any olh.r party Ih.
rig hi 10 r.mov.. any 11mb... mln.r.ls (Including 011 .nd gas). SOil. g,av.1 0' rock p,oduels wllhoullh. pnor w,lIl.n con',"1 01 L.nder.
R.mOV.1 ollmprov.m.nla. Gr.nlo, .holl nol d.mollsh or r.mov. .ny Improvam.nl. Irom Ih. Aool Proporty Wllhoullh. p,lor wllll.n con..nl 01
L.nder, As a condlllon 10 Ih. r.moval 01 any Improvom.nls. L.nd.r mov r.Qul.. Granlor 10 make a".ngom.nl. ..II.laclory 10 L.nd.r 10 r.plac.
.uch Imp,ov.monl. wllh Improv.m.nl. 01.11.151 'Qual v.lu..
L.nd.,'a Right 10 Enl.,. L.nd., .nd lis .g.nl. and r.p..s.nlallv.s mnv .nlor upon Ih. A.al Prop.rty al .11 r.non.bl. limes 10 .".nd 10
L.nd.,'. 11I1.r.sl. .nd 10 In.pecllh. Proporty for purpo... 01 Gr.nlor'. eompllane. wllh Ih. lorm. alld condlllon. ollhl. Morty.g..
Compllanca with Gov.,nm.nlal R.qulrem.nt.. Granlor sh.1I promplly complv wllh .1I1.w.. ordlnallc.s. ond ,ogul.llons. now 0( ho,..Her In
.H.cf, 01 .11 gov.rnm.nl.l aulhorlllos .ppllcabl. 10 Ih. ".. or occupancy 01 Ih. Propa~y. G,anlor m.y conl..lln good I.llh any such law,
ordlnanc., or r.gulallon and wllhhold compll.nc. during .nv proc..dlng, Including approp,lal. .pp.al., .0 long.. G,.nIO( hel nolln.d L.nder In
wnllng pllor 10 doing '0 .nd .0 long eo. In L.nd.r'. .01. opinion. L.nd.r'. Inl...sl. In Ih. Prop.rty are nol j.op.rdll.d. L.nd.r ITI4Y ,.ql1lr.
Gronlor 10 po.1 ad.qual. securlly or. .ur.1y bond. ,...onobIV ..II,'.elory 10 L.nd.r, 10 p,olecl L.nd.,'s Inl.r..1.
Duty 10 P,ol.el. Gr.olor .grll' nlllh.r 10 .b.ndon nor I.av. unall.nd.d Ih. P,op.rIV. Granlor .h.1I do .11 olh.r .cl., In addlllon 10 Ih_ .cls
HI forth .bov.ln Ihll secllon. which Iro/lllh. char.cl.r .nd u.. 01 Ih. Prop.rly ... ,.a.onablv nec.ss.ry 10 prolecl .nd p'ewv.'ho Property.
DUE ON BAl.E. CONSENT BY LENDER. L.nd.r may, al lis opllon, decl.r.lmm.dlal.ly duo .nd p.y.ble .1I.um. oecur.d b>'lhl. Mor1gage upon lho
sel. or Ir.n.,.r. wllhoul Ih. L.nd.r'. pliO' w,lII.n cons.nf, 01 .11 or .nv p.~ 01 Ihl R..I P,opolly, or .ny Inl.r..1 In Ih. R..I Property. A 'sale 0(
f,.n.I.,. m.an. Ih. conv.yane. 01 R..I Prop.~y or .ny righl. 1111. or Inl.r.sl Ih...ln; wh.lh.r log.l. b.n.llclal or .Qulllbl.; wholher volunlary 0(
Involunl.ry; wh.lh.r by oulrlghl HI., dlld. Inslallm.nl ..1. conl,ael. land conlr.el. conlr.cl lor dlld. I....hold Inl.,..1 wllh . I..m gr.sl.. lhen Ih'M
f3) Yllra. I.....opllon conl'.cl. or bV s.I.. ...Ignm.nl, or Ir.n,'ar 0' .ny b.n.llcl.llnl.r..lln or 10 .ny I.nd Iruot holding 1111. 10 Ih. R..I p,operty. or
by sny olh., m,lhod 01 conv.yane. 01 R.al Prop.lly Inl.r..', II .ny Gr.nlor I. a corpor.llon. partn.rshlp 0' IImll.d lI.blllly company. Iranlfer al.o
Includ.s .ny ch.ng.ln own.rshlp 01 mo..lhan tw.nly-lIv. p.rc.nl 125'A.) ollh. vollng .Iock. parln.rshlp Inl....ls 0' IImll.d lIablllly comp.ny Inler..ls,
.llh. ces. m.y ba, 01 Gr.nlo,'. How.v.r, Ihl. opllon sh.1I nol b. ..orel..d bV L.ndor II .uch ....el.. Is prohlbll.d by l.der.ll.w or bV Plnn.ytvanla
I.w. -- '-11f;5 PA 1038
TAXES AND LIENS. Th. lollowlng provl.lon. r.I.llng 10 Ih.I.... .nd lI.n. on Ihl Prop..ly.... part 01 Ihll Morlgov.. eoo~ CE.
Paym.nt. Granlor .hall p,y wh.n duo (and In all ov.nls p,lor 10 d.llnQuancv) .lIla.... pav'olll...s. specl.lls..s, ....s.m.nls. w.l.. chargee
Ind sewer service chalges 181J1ed against or on account ot the Properly, and shall pay when due all. claims 'or work done on or 'or MrVleea
'.nd.,.d or m.l.rlal lurnlsh.d 10 Ih. P,op.rly. Gr.nlm sh.1I molnlaln Iho Prop.rly Ir.. 01 .1I11.n. h.vlng p,lorlly ov.r or .qu.'lo Ih. Int....t 01
Lender under this Mortgage, except tor the lien 01 taxos and a~sos5menls not due. except lor the E)lishng Indebtedness r.terr.d 10 bilow, and
..e.plos olh.IWI.. prOVided In Ih. lOll oWing palOv,aph.
Righi To Conl..t. Gr.nlor may wllhhold p.vm.nl 01 .nv 10.. ...os.m.nl. or clolm III connection wllh . gOOd IOIlh dl.pul. ov.r Ih. obllg.llon 10
pay, so long as lendor's Inlerostln Ihe Proporly 15 nol jeopardized, If a lion arlS05 or 15 Illed ns a rosult 01 nonpayment, Granlor shall wflhln IIftHn
(15) days stter tho lien arises or, If 8 lien is Illed, WIthin IiIleen (15) days atter Grantor hils nollce of the filing, secure the discharge 0' Ihl Ii.n, Of If
requested by lender, deposll With lender cash or a 511111Clonl corporale surely tlOlld or othor socurlty sah!Sractory to lender In an amounl aufllel.nt
10 dischiH(lo the lien pIli') AIlV r.o~il'i ,J'HI ;lllnrnl\V'i' "'." ell nlh,', rILl''!'''", lh"t rnlllrl :11'1'1111' Irl ,,""jlll nl 11"",.1""11"', r '0 1t.... """,',1 ...." II".. III
MORTGAGE
(Continued)
Page 3
.- .-.,..-. .._~.. .- -.
Iny conlell, Granlor Ihall delend Illel' anOLendor and IShallaBllity ony odvef5U ludgmunl bQlolf~ untO/cement agolnlllhe Prop8ftv, Granlor 'hall
nlmelender 85 en additional obligee undor any 5u'~ly bond Ilj/n"lhod In lhu conl051 procuodlngs.
EVldenc. or Plvment. Granlor shall upon demand fuollsh IQ lunde, ~lIh51llclolY eVldonce 01 payment 0' the IlIlel Of .IIBum,nls Ind Ihlll
authorize the approprlat. governmental o/llclol 10 dell\ltH 10 londor III ""Y 1111I0 II wflllef1 510101110nl ct the IlUlS and auussmenll agstn51 Ihe
Prop.rty,
Notlc. 0' Cona'ructlon. Granlor ahall nollry lender 0110&151 'Ittoen (15) daY5 bolore Bny wo,k 15 comm'lnced. Mny "fVICeS IrQ IUfnllhed, or 8ny
nlltsrlals lire supplied 10 the Propsflv, It any mochlllllc'6 lien, mllloflalmSIl'1) flun, Of olhsr lion could be ll550rtfJd on account 01 Ihe wCfk, !!II,...,lces,
01' matensls and Ihe cost exceeds '5,000,00. Olanlor Will upon rOQlJUfll ollundllf IlHfll!!lh 10 londor IldVallCO aS5uranco, ISBtll51aclory 10 lelllJor
Ihal Granlor can end will pay Ihe c051 0' !Such Irnprovolllonls
PROPERTY DAMAGE INSURANCE. T~elollowlng p'OVl5l0n$ /8lellng 10 Ifl.uflng I~e P,ope,ly 810 e p8l1 ollhl$ Mortgage,
Malnt.nance or Inrwranc., Grantor IIhall procure and mamlaln pOllCI8S olllrQ Inl5U1anC8 wllh standard ..tended coverage endorllm.nll on a
replacemenl bUll '01 lhl fulllnlSurable vlilue covurlng all hnpfovemenls on Iho nOGI PfQPellV In an amounl suHlcianlto aVOid apphcahon 01 onV
coinsurance claua81 and wllh . standard mOltgagoe chlU~e Hl lavor 01 Lender, Pollclas shall bu wnllen by 5uch Insurance c:ompanle5 and In such
form al may ba reasonably Icceptable 10 Lender. Glanlor 5hall dellvor 10 londor ClllllllCel8$ 01 cov.rage Irom 81Ch Insurer conlalnlng a
sllpulallon Ihal coverage Will not be cancellad or dhnlnl6hBd Wllhoul 8 minImum alien (10) days' prlar wnllttn noUce 10 lender and nol conlalnlng
any dIsclaimer 0' Ihe Insurer's liability for IsllUle 10 give 6uch nellce, Should Ihe neal Properlv 81 any limo become localed In an area d81S1gnalud
by thl Director 0' Ihe Federal Emllrgency Managomenl Agoncy 01 a 6pOCIOlll00d hazard life,.. Granlor agrees 10 oblaln and maintain Flfderal
Flood Insurance, to the e,c1enlauch insurance 115 reqUired bV lender Ilnd 15 or becomel5 ovailable, lor Ihl1ler," ollhe lOin and lor Ihe lull unpaid
principal balllnce 0' th"loan, or Ihe maximum limit 0' covorage Ihalls available, whichever 15 hJ55.
Appllclllon 01 P,oclld.. Grenlor $hell promplly nollfy Londer 01 any 10$' or damage 10 Ih. Properly II Ihe .$llm.'.d co$1 01 repair or
,eplacemenl exce.d$ $500,00, Lend., may make proal 0110$$ II G,onlo, lOll. 10 do so wllhlf' IllIeen (15) d.ys ollh. cuuel'y, Whether or nol
L.nder'$ $ecurlfy I. Impe".d. Lender m.y. alll$ elecllon. apply Ihe procood$ 10 Iho roductlon ollho Indebledn.n, paym.nl 01 eny lien effeellng
Ih. Proptrly. or Ih. r8$lorellon end repelr ollhe P,opo,ly, II Lond.r oleels 10 .pply Iho proceeds 10 re,'orallon .nd repelr. Grenlor $h.1I r.p." or
replace the damaged or destroyed ImprovemenllS In a manner satisfaclory 10 lender. lender shaUl upon saUsfaclory proo' of such ..pendllure.
payor reImburse Granlor from Ihe proceeds lor the reasonable cosl 01 repair or r0510r;)llon II Granlor IS nolln defalJl1 hereunder. Any proceedlS
which hev. nol been dlSbu,.od wllhln 180 dey. eller Ihe" recolpl and WhiCh Londer h8$ nol commllled 10 Ih. r.pelr or re$lor.llon ollhe Property
.hell bo u$ed Ilrsllo p.y ony emounl oWing 10 Lender under Ihl$ Morlgogo. Ihen 10 propay accrued Inlere$l. end Ih. remelnder. IIlny. $h.1I be
eppll.d 10 Ih. prlnclpel balenc. ollh. Indoblednes$, II Lender holds ony p'OCOed$ oller poymonlln lull ollh. Indeblednes.. such proceed. $hell
b. peld 10 Grlnlor.
Un.xplr.d InlU'lnc. al Sal.. Any un.xpl,ed In$ur.nce .halllnur. 10 Ih. benelll 01. end pan 10. Ih. purch...r ollh. Prop.rly cove,ed by Ihl$
Mortgage 8t any trustee's l!810 or other sale held under the prOVisIons ot this Mortgage. or al any loreclosure 5ule 01 such Proper1y.
Compllanc. Wllh EllI.llnglndebl.dn.... OUllng Ih. pellod In which any Exi.llng Indeblednen dellCrlbed b.,ow I. In .ff.cl. compllence wllh Ih.
Insurance provisions conlalned in Ihe Instrument eVidencing such ExisUng Indebtedness shall cons hi ute compliance wllh Ihe Insurance provlsionlS
und.r Ihl. MOllgege. 10 Ih. .xlelll compllence wllh tho lerm. 01 this Morlgage would conslllul. e dupllcalion 01 In.uranc. r.qulrement. "eny
procood$ from Ih. In$urenc. become ~ayeble on 10$5. Ihe proVl.lon$ In Ihl$ Mortgago lor dlVl$IOn 01 p,oceed. sh.1I epply only 10 Ih., portion 01
Ih. proceed. nol pey.bl.,o Ihe holder ollhe Exl$lIng Indebledne$.,
EXPENOrrURES BY LENDER. "Grenlor fell. 10 comply wllh eny prOVISion Ollhl$ MolIgeg.. Including .ny oblige lion 10 melnleln Exl.llng Indebl.dn.u
In good .I.ndlng u r.qulr.d b.,ow, or lIeny .cllon or proc.edlng I. comm.ncOd Ihel would mele,lally .ffeel Lend.,'. Inleresl. In Ih. Property. L.nder
on Gronlor'. behall mey. bul .hell nol b. r.qulr.d 10, lek. .ny ecllon Ihal L.nd.r doem. eppropllale, Any emounllh., Lend.r .xp.nd.ln $0 doing Will
beer Inl.,.., ellh. r.'. cherg.d und.r Ih. Nole I,om Ihe del. Incurred or p.ld by Lend.r 10 Ihe dal. 01 repaym.nt by Grenll)(, All "JCh expen.... el
L.nder'. opllon, will (.) b. p.y.bl. on d.melld. (b) b. edded 10 Ih. belence ollh. Nol. end b. eppolllon.d .mong end ba peyable wllh .ny
Insl.llm.nl peymenl. 10 become duo during ellrer (1llhe I.rm 01 .ny .ppllceble Irlsurenc. policy 0' (II) Ih. r.m.tnlng lerm 01 the Nole. I)( (c) b.
treeled e. . belloon p.ym.nl which will b. duo end peyeble ellhe Nol.'. melurlly, Thl. MolIgago el.o will .eeur. peym.nl 01 th... emounl., The
r1ghl. provided lor In Ihl. peregr.ph .hell b. In .ddlllon 10 .ny olhar right. or .ny rem.dl" 10 Which Lend.r may b. .nlllled on accounl ollh. d.l.ull,
Any .uch .cllon by L.nder .hell nol be con.'ru.d a. curing Iha del5ull .0 8$ 10 b.r Lend.r from eny remedy Ihel II olh.rwl$. would hev. hed,
WARRANTY I DEFENSE OF TinE. Thelollowlng provision. r.'allng 10 owner. hip ollh. Prop.rly ere e pert ollhl. MolIgeg.,
Till.. Grenlor w.".nl. Ihel: (el Grenlor hold. good and merk.,.bl. II lie 01 record 10 Ih. Properly In foo ,'mplo, free end ct.er olallll.ne .nd
.ncumbrence. olh.r Ihen Iho.e $.llorlh In Ihe Roel P,ope,ly de$criplicn or In Ihe Exlsling Indebledneu .eellon b.,ow or In .ny 1111. In$urance
POliCY. till. report. or IInelllll. opinion I'$ued In levor 01. end acc.~led by. Lender 10 connecllon wllh thl. Mo,tgege. end (b) Grenlor h8$ Ih. lull
righi, pow.r. end .ulhorlly 10 .xecul. end deliver Ihl. Mortgage 10 L.ndor,
Del.n.. 01 Till.. Subjeello Ih. .xc.pllon In Ihe p.r.greph abov.. Grenlor werranl. end wllllor.v.r delend the IIIIe 10 Ih. P,operty aglln.llh.
lawlul clelma 01 all p.r.on.. In Ih. ev.nl .ny ecllon 0' proceeding I. commented Ihel qU.'lIon. Gr.nlor's 11I1. or Ih. Inl.r..' 01 L.nder under IhlO
Mortg.ge, Grenlar .hell d.'.nd Ih. ecllon el Grenlo,'. llXpen$.. Grenlor mey b. Ih. nominal p.rly In .uch procoodlng. bul Lander .hell ~a
.nllll.d 10 p.rtlclp.'. In Ih. procoodlng .nd 10 b. repr...nled In th. proceeding by counsel 01 Lend.r'$ own cholc.. .nd G,.nll)( will dollver. I)(
cou..lo b. d.llv.red, 10 L.nd., .uch In,',umenl. eo L.nd.r may r.qoe$ll,om lime 10 11m. 10 p.rmll .uch perllclpellon.
Comptl.nc. Wllh LIW.. Grenlor w.".nl. Ihel Ih. Property .nd Grenlor', U$O 01 Ihe Prop.rty compll.. wllh ell IXI.llng Ippllcable I.w..
ardln.rlc.., .nd ,ogul.llon. 01 governm.nl., eulhorlli...
DIITING INDelTEDNESS. Th. following provl.;on. conc.rnlng exlsllng Indebledne$' (Ih. "Exl$lIng InU.bledn....) Ire a pert 01 thl. Morlgega.
!lelallng L1.n. Th. lI.n 01 Ihl. Mortgag. securing Ih. Indebl.dn... may be .econdery end Inl.rlor 10 .n .xl.ling lI.n, Grenlor IXpre.sly
cov.nenls end .groes 10 P.Y. or SOl 10 Ih. p.ymenl 01. Ih. Exl.llng Ind.blednou and 10 prevenl eny d.leull on such Indebl.dn.... eny d.l.ull
und., theln.lrum.nl. .vld.nclng .uch Ind.bledneso. or any de'oull under eny $ecurlly documenl. lor such Ind.bl.dn...,
Del.ull. IIlhe p.ym.nl 01 .ny In,'ellm.nl 01 p,lncipal or .ny Inler..1 on Ih. Exl$lIng Ind.bledne.. I. nol med. wllhln Ih.llm. requlr.d by Ih. nol.
.vidonclng such Indeblednes!S. or should a default occur under the lnslrumenl securing such indebtedness and nol b. cured dunng anV
eppllc.ble grec. p.,'od Ih.r.'n. Ihen, al Ih. oplion 01 Lender. Ihe Ind.bledneu .ecured by Ihro Morlgeg. .hall become Imm.dleltly dua and
payebl.. end Ihl. Mortgeg. shell be In del.ulI,
No Modlhcallon. Granlor .hell nol enl.r Inlo eny egr..m.nl wllh lhe holder oleny mortgoge or olh.r .ecunly .gre.m.ni which hu ~norlly ovor
Ih,. MolIgege by which Ih.1 agroomenll. mod",ed. omended. exlonded, or re"ewed wllhOullha prior wllllen con..nl 01 L.nd.r, Grenlar .hell
nellher request nor accepl any future advances under any such secunty agreemenl wllhoul the pnor wflllan conse,U at lender,
CONDEMNATION, The lollowlng P'OVl$lon. 'eloling 10 condemnallon 01 tho PlOpo,ly o,e. perl ollhlS Mo"gago, bOO~ t I fl5 PAGE 1. 03 n
Application Qf Nel Proceeds. It,,1I or ilfly Ililll pI HUI PrnrH'ltv I'; (Orlllf'lllrIl1(f tl'I 1'1111111'111 drlll10llrl 11lnn'.'lhrlll", .,. h', ;)11'1 tlrror"f'lf!Il'fl nr t""rh~r',,,
MORTGAGE
lConllnued)
Plgl 4
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.~ - ~-
...
In II.u 01 cond.mnlllon, L.nd.r m.y ., "S .Iocllon r.quII. Ihlllll or .ny pOI lion ollh. n.1 P'OC..dS ollh. IWI,d b. Ippll.d 10 Ih. Ind.bledn.n
'" Ih. ,ep." '" "llor.llon 0' Ih. PrOp.,ly. The n.1 p,oceeds ollh. .w.,d ,h.1I m..n Ih. O".,d ollUl poymnnl 01 alllcluel cosls, .'p.nm, Ind
811010'''''' 'ue, IIlCUfred by lund., III connectIon with Ihe condemn8llon,
P'OC"dlng.. lI.ny prOClldlng In cond.mn.llon " III.d, G,.nlor sh.1I promplly nollly L.nd., In wnllng, .nd G'lnl", ehlll promplly Ilk. luch
II.pl .. m.y b. nuc.lI.ry 10 d.fend Ih. Icllon ond oblaln Ih. .WO'd. G,onlo, m.y b. Ih. nomll'.' porly 'n suoh p,oclldlng, bul L.ndlllhlll b.
."hlled to participate I" Ih811foc88dlng and to be roprosonted In Ihe prOCeeding by counael ollis own chalco, Bnd G'lnlor Will dollvef Of tau" 10
b, delivered to Llndor Dueh hlllru,"snl5 Ii may be (equ81led by II "om IImllo ImlQ 10 pelmlll5uch participation.
IMPOSITION OF TAXES. FEES AND CHARGES BY GOVERNMENTAl. AUTHOAITIES, Th. follow,ng provlllonS,.I.llng 10 gov.rnm.nlllll"s, ,_
.nd cherg.. "" I plrl ollhls Mo,lglg.:
Currenl T..... F... .nd Chl,g... Upon requo,' by L.nd.r, Grlnlor sh.1I ,'ecul. such docum.nl" In Iddlllon 10 Ihll Mortg.g. Ind Ilk.
whalever olher lellon II reQuost.d by lender 10 pOllEtcl and continuo Londor', lien on Iho RIal Ploperty, Granlor Ihall rllmburn Linder 'or III
tax'l, I' dl.cnbed bilow, togelho, With all oxpenfies IflcUJrod In ,oco,dlng, perlechng or continuing Ihls Morlgage, IncludIng wllt1oulllmltatJOn III
la"l, '..e. docu,nonllry slamps, end olh.r charg.~ lor r.cordlng or reglsl."ng Ihl. MOIlgeg..
Tu... Th. following shall conslllule lu.s 10 which Ihls soclion appllll: I.). specifiC la. upon Ihlslype 01 Morlgeg. or upon III or .ny p.~ 01
lhe Ind.bladn.uslCur.d br,'hIS Morlgeg.; Ib). speclllc 10. on Grenlor which G,anlor Is .ulholllOd 0' r.qUI/.d 10 d.ducl I,om p.im.nls on Ih.
Ind.bl.dn.ss .lCur.d by Ih slype 01 Mortgeg.; IC) e Ie' on Ih,slyp. 01 Mo"gag. charg.obl. .gelnsllh. L.nd.r or Ih. hOld., of Ih. Nol.; .nd
(d) a specific lax on all or any porllon 01 ,h.'nd.bl.dn..s or on paym.nls 01 prlnClp.lond Inl.r.sl m.d. by G,anlor,
Subllqu.nl Tuu. ".ny lax 10 which Ih,. secllon epplle. .. .nacl.d sub..qu.nllo Ih. d.l. ollhls Mo"gog., Ihls .v.nlshall heve Ih. II"'.
.Hecl .. an Ev.nl 01 O.laulf (.. d.',n.d b.'ow), and LOnder moy e..rCI5. .ny or .11 0' II. .vellobl. '."'.dl.. lor en Ev.nl 01 O.I.ull .. proVld.d
b.'ow unl... G,.nlo, .lIh.r (e) poys Ih. 10. be 1m. II b.come. d.llnqu.nl, or (b) con,..,s Ih. I., 81 provided above In Ih. Te'lI .nd LI.n.
seclton and doposlls wllh Lender clJl5h or il surflclenl corporale surely bond or olher s8cullly 5alllSlaclory 10 Lender.
SECURITY AGREEMENT; FINANCING STATEMENTS, Tho following proVl.lon. ,.I.'lng 10 Ihl. Mortg.g..s . .8Cunly egr.em.nl.,. I p.rt 0' Ihls
Mortgeg.,
Securlly Ag,e.m.nl, Thl. InSlrumen' shell con.II11,'. a locunly eg'..m.nllo Ih. .,'.n'.ny 01 Ih. Prop.rty conslllulllll.lur.s or olh.r p."on.1
prop.rty, .nd L.nd.r sh.1I have ell 0' Ih. rlghl. 01. secu'.d parly und.r Ih. U",Iorm Comm.,clal Cod. AI .m.nd.d Irom 11m. 10 11m..
Secu,'1y Inle""I, Upon r.qu." by L.nd." Gr.nlor shell ..ecul. IIn.ncln~ sl.l.m.nls .nd I.k. wh.'.vor olh., .cllon Ie r.qU.SI.d by Llnd.r 10
p.rtecl and conllnu. Lender's .ecullly Inl.,..' In Ih. A.nls alld P.llonel Prop.,ly. In eddlllon 10 recording Ihls Morlgege In Ih. ,.el prop.,ty
record., L.nd.r mey, ., any lima .nd wllhoul furlh.r .ulhorll.llon Irom G,enlor, ,,1. ..ecul.d counl.rpo,I., copl.s or r.producllons 01 Ihls
Mortglg. .. a fln.nclng .Iolom.n'. Gr.nlor .h.1I r.lmbur.e L.nd., 'or .11 .'pen... Incurr.d In p.".cllng or conllnulng Ihls security Inle,..I.
Upon d.faulI. Grenlor .hell .n.mble Ih. Pe..on., Prope,'y In . menn.r .nd al a plac. rea.on.bly conv.nl.nllo G,enlor .nd L.nd.r .nd m.k. II
.v.llabl.,o L.nder wllhln Ihr.. (3) days all.r ,ecelpl of w"lIen d.mend from L.ndor.
Add'...... Th. milling addr....s 01 Gr.nlor (d.blo,) and Lend.r I.ecu'.d parly), f,om which Inlormellon conc.rnlng Ih. _u~1y Inler..1
gr.nl.d by Ihle MOIlg.g. m.y b. oblaln.d (..ch .s requl'.d by Ih. Uniform Comm.rc,al Cod.), are 8Islal.d on Ih.,I..1 page ollhls Mo,lg.ge.
FURTHER ASSURANCES; ATTORNEY-IN-FACT, Th. lollowlng provl.lons r.I.llng 10 fV/lher ...u,.nces and allorn.y-In-I.cl .re I part ollhls
Mortgag.,
Furth.r Aaeu,eneu. AI .ny 11m., end Irom 11m. 10 11m., upe" r.qu.sl 01 L.nd.r, Granlor will mak., ..ecul. .nd d.llv.r. or will ClUet 10 b.
made. eJC8Culed or deliVered, to Lender Of' to Lender's deSignee, and when requested by lender, cause 10 be hied, recorded, r.til.d, Q(
rlllCord.d. u Ih. c... m.y b.. ., .uch 11m.. and In such oHlc.. and plec.s 81 L.nd.r moy dllm .pproprlal., Iny .nd .11 .ucn mortg.ges,
deeds of trusl, t9Curlfy deeds, sBCurlty agreements, finanCing stalBmenl~, contInuatIon ISlatements, Instruments 01 fur1her 8nuranc., certU'Ical.IS,
.nd olh.r docum.nl. a. m.y. In Ihe .01. opinion 0' L.nd.r, b. nec.s.ery or dO.l/ebl. In ord.r 10 ."eclual., compl.I., pertecl. conUnu., or
pr...rv. (a) Ih. obllg.llon. 0' Granlor und.r Ih. Nolo, Ihl. Mortgeg., Ind Ih. R.lel.d Oocum.nls, and Ib) Ih. lI.n. and secunly Inl.r..11
cr..I.d by Ihle Mortg.ge on Ih. Prop.rly, whelher now own.d or her.aH.r acqulr.d by Granlor. Unl..s prohlbllod by law", agrlld 10 Ihl
conlrary by L.nd.r In wrlllng. Gr.nlor sh.1I r.'mbur.. L.nd.r lor ell co.ls .nd e'p.n... Incurred In conn.cllon w"h Ih. mollo,s r.f.rr.d 10 In Ihls
parogroph,
AIlOtn.y-ln-Fecl. II Granlor falls 10 do .ny 01 Ih. Ihlngs r.f.rr.d 10 In Ih. pr.C.dlng perogr.ph, Llnd.r mey do so for Ind In Ih. nlm. 01
Gr.nlor Md ., Gr.nlor's ..p.ns.. For such pU'po..S, Grenlor h.reby Irr.vocably oppolnl. L.ndor 81 G,onlor's ollorn.y-In-fac! forlhe purpose
of mlklng. .,ecullng, dollvenng, filing, 'ocordlng. .nd doing ell olh.r Ihlng. es may bo nec15Sary or dosl,ablo, In l..nd.r's sol. opinion, 10
accomplish Ih. m.llell re'.rr.d 10 In Ih. precodlng por.greph.
FI.l1. PERFORMANCE. "Granlor pay. alllh. Ind.bl.dn..s wh.n du., .nd olh.IWls. p.rtorms .lIlh. obllgallonslmpo..d upon Granl", und.r Ihls
Mortgag., L.ndlt ehlll execul. and d.llver 10 Granlor a .ulllbl. sallsl.cllon ollhls Mo,lg.g. .nd sullabl. Ilal.m.nls oll.rmln.llon ollny ftn.nclng
.lIle,",nl on "Ie evld.nclng L.nder'l lecurtly Inlor.sl In Ih. A.nl. and Ih. P.llonel Prop.rty. Or.nlor w,lI pay, II p.rmllt.d by .ppllclble taw, Iny
r,,"onable I.rmlnallon III .s d.lermln.d by L.nd.r from limo 10 lime,
CEFAIL T. Each 0' Ih. IoIlowlng. Illh. opllon of L.nder, sh.1I conelllul. an .v.n' 01 d.'aull ("Ev.nl 01 O.'eull") und., Ihls Mortgag.:
Del.ull on Ind.bledn.... F.llur. of Granlor 10 make .ny paym.nl wh." due on ",. Indebl.dn....
Del.ull On Olher PlYm.nl.. Flllure 01 GrlnlOt wllhln Ih. lime requlr.d by Ihls Morlgeg. 10 mlk. .ny paymlnllor ID'S or Insurance. '" Iny
olh.r Plym.nl necHllry 10 pr.v.nl filing 01 or 10 .Hecl dl.cherg. of eny lI.n.
Compllene. O<I'"ull. Flllinlo comply wllh .ny olh.r I.rm, obllgallon, cov.nanl or condlllon conlaln.d In Ihl. Mo~gag., Ih. Nol. or In any 01 Ihl
Rel.,.d Oocumenls,
B"ftChe.. Any werrlnty. represenl.llon or sl.'.menl m.d. or lurnlsh.d 10 L.nd.r by or on b.half of G,.nlor und.r Ihls Mortg.g.. lhe Nol. orlh.
R.'al.d Oocumenls Is, or Illhellm. made or furnlsh.d WIS, 'al.. I/l any mal.rlal,.sp.cl.
InlOlvtncy. Th. Insolv.ncy 01 G,enlor, .ppolnlm.nl 01 e recelv., lor .ny p.rl 01 G'anlor'. prop.rly, .ny a"'gnmenl for Ih. b.ne"! 01 credllM,
Ihe comm.ncemenl 0' any proceeding under any bankruptcy or Insolvency laws by or against Grantor, or Ihe dissolution or fermlnallon 0'
Granlo,'. ."sl.nc. IS. going bu,'n..s (II G'anlor I. a busln.ss). E.c.pllo Ih. ."anl p,onlbilod by '.der.ll.w or P.nn.ylvlnl. law, Ih. dlelh 01
Gr.nlor (If Granlor Is .n ,ndlVldual) elso .nell conSlllul. an Ev.nl 01 Oolaull under Ihl. Morlgago.
Foreelolure. For,.lIu", ele. Commencem.nl 01 foreclo.u,. 0" lort."u,. proce.dl/lg.. whelh.r by judicial procllding, s.lI-help, r,poSlesllon 01
.ny olh.r m.,hOd, by .ny cr.dllor 01 G,a"'or or by any governm.nlal ag.ncy aga,n.1 any ollho Prop.,ly. HOw.v.r.lhIS .ub_lIon sh.1I "O'"pply
In Ih. .v.nl 01 e gOOd faith dl.pul. by G'onlor os 10 Iho valldlly or ,eesonebl.n... ollh. clolm which's Ih. bas,s 01 In. foreclosure or I",.'.llu"
proceodlng, provided that Grantor gives lender wnllon nolleo 0' sur.h clBlm and furnishes reserves or a surety bond for Ihe claIm sall.factory to
lendor,
MORTGAGE
(Conllnued)
"
~ ,_.~
Plgl 6
p -~--_. -
1IJ...:h 01 Olh" Agft.m.nl. Any b".ch by G,.nla< un~lIlhe IOfms 01 .ny olher .g,..,".nl b.'w..n G,onla< .n~ l.n~lIlh.ll. nol '.....dled
wllhln .ny y'.c. plllod p,oVld.d Ih...ln. "lClu~lng wllhoullunll.llon .ny .g,oo",onl concollllllg .ny IIl~oblodn.', 0' olher obllg.llon 01 G,.nlo, 10
linder, whel"'" "l$lIng now C)/ 1.,.,.
DI.lIng Indtbttdn.... "dol.ulI 'h.1I occu, und.. .ny E",lIng In~oblodno.. a< und., .ny In,hum.nl on Ih. P,operly _u"ng .ny E."1I11Q
InrilblldnlU, Of commencement 01 Bny lUll Of other Bellon 10 'Ofeclo51t any UI1.I51IJIQ Ilun on thu P/opelly.
E".nt. Afflcllng Quar.nlor. Any ollhe preceding events occurll WIth reseed 10 Bny Guartwlor 01 Bny ollh.lndoblednoa!J or 5uch Guaranlor
dla' or blComullncompelenl,
In_Ullly, lond.. In good lollh ~eem. Iloollln.ocuro.
RIGHTS AND REMEDIES ON DEFAULT, Uponlho OCCUllonco ol.ny Evonl 01 D.'o"lI.n~ .'.ny IIIno Iho,o.lIo,.l.ndo" .,11. opllon, m.y ...'c,..
any on. or morl 01 thl 'ollowlng rights and rem8dlo!S. In addition 10 any othor ughls 01 fOlnudloa provldud by law:
Acc.I".'. ,nd.bl.dn.... Subj.cl 10 .ppllcoblo low, l.ndo' .holl h.v. Iho nghl 0111' opllo", wllhoul nollc. 10 G,onlo, 10 doel." Ih. onll"
Ind.blodn...lmm.dl.,.,y duo .nd p.y.blo.
UCC R.m.dl.., Wllh ,..poello.1I 0' .ny p.,' 01 Ihe Po,.on.' P,ope,ly, lon~.r .holl hove .lIlhe 'Ighl. .nd '.mo~I.' 01 . .eeu"d p.,ly und.,
Ih. Unllorm Comm.rclol Cod..
Colltcl R.nl.. l.nder .h.1I h.v.,h. righi, wllhoul nollC. 10 Gr.nlo" 10 I..e po"o..lon ollh. P,opo,ly .nd colleellh. R.nl.. Including .mounl.
pili dUI Ind unpaid, and apply the net proceeds, OVQr and above Lender's CO!)lS, oglllrlsllhe IndobludnoS5. In IUltherlnce of thIs IIghtl llnder
mlY ..qui,. .ny I.nlnl ar olhor u.e, 01 Ih. P,op.rly 10 100'0 poymanl. 01 'onl 0' u.o 100' d"eclly 10 lando'. IIlh. Ronl. or. collocled by lender,
Ihen G,.nlor I"evoc.bly dl5lgnllos lend.' o. G,onlo". .1I0,n.y-ln-Iocl 10 ondO". "..I,umonl. ,ocolV.d In p.ymonl Ihe..ol In Ih. n.m. 01
(J,"nlo, .nd 10 nIOOIl.'. Ihl ..me .nd coll.cllho proc.od.. Poymenl' by lenanls or olh., USOI5 10 Londo' In '..pon.e 10 L.ndor'. d.m.nd .hall
I4llsfy the obUgllllons lor whIch the paymenls are mode, whether Or nol any prop or grOlmds lor the demand o)uslod. lender may eXBICI$e Its
nohls undor Ihl' .ubp.rag,oph ollher In p."on, by eg.nl, or Ih'ough. 'OCOlVe,.
Appolnl R.c.'v.r. lendor .h.1I h.v. Ih. ,jghl 10 h.v, . ,ocelvor .ppolnled 10 I... po".,"on 01 .11 0' .ny p.,1 01 Ihe P,oporly, wllh Ih. POWII 10
proleel.nd prose",. Ih. P,oporty. 10 op.r.'. In. Prop.r1y pree.dlng loroclo.",. 0' .ele, ond 10 colleellh. R.nl. Irom Ih. P,ap.r1y .nd .pply Ih.
p,oc..d.. OVII Jnd Ibove Ih. co., 01 Ih. ,ee,'v."hlp, .galn."h. Indeblodnes.. Th. ,ee.lV.r m.y .e"'. wllhoul bond II pormllled by law.
l.ndor's 'Ighllo Ih. .ppolnlm.nl 01 a ,ee,'ver .hall ..1., wllolMr or nol Iho app.,onl volue 01 Ih. P,opo,ly e.ceod. Iha Indobl.dn... by 0
.ub,'anll.' .rnounl. Employmonl by Londo' .h.1I nol dl.qu.llty a po"on Irom .e""ng .s . ree.lve'.
Judlcl.. Farlcloouft, L.nder m.y oblaln . ludlclol dee,.. lo,eelo.lng G,""'OI" Inlo,o.lln all or ony part 01 Ih. P,operly.
Po......on ollh. Prop.rty. Fo, Ih. purpo.. 01 procu,'ng po.....lon 01 Ih. P,oporly, G,.nlo, h.r.by aulhorlze. .nd .mpow." any .1I0""y 01
.ny court 01 reeOld In Iha Commonw..llh 01 P.nn,ylvanla Of ol..whor.. as .1I0rney 10' lendor and all pOISons cl.lmlng und., or Ih,ough lender,
10 .Ign .n .g,".m.nl 10' .nle,'ng In .ny compelenl oourt an .mlcable .cllon In .Ieclmenl lor po..o..ion 01 Ihe P'OPllly .nd 10 .pp,.' 10' .nd
conle.. ludgm.nl .g.'n,' G,anlo" .nd ag.ln.' .11 p."on. claiming undor 0' Ih,ough O'anlor. lor Ihe reeov.'Y by lond.r 01 po.....,on 01 Ih.
P,operty, w,lhoul .ny "ay 01 e.eeullon, 10' which Ihl. Mo"gago. 0' a copy ollhll Mo"gago vo,lIied by oHldavll, ,hall b. . .uHlclonl w.".nl; and
Ih.reupon . wrll 01 po"..,'on m.y be '"u.d lorlhwllh, wllhoul any p,'o, w,1I 0' proceeding wholso.ve'.
Nonludlcl.1 S.,.. II pormlll.d by eppllcabl. I.w, Lend., may lo,.clo.e G,.nlor'. Inle,o,lln .11 0' In any part ollhe P.rsonal P'op.rty a< Ih. Rool
P,op.rty by nonjudicial oale.
Dtllci.ney Judgm.nl. L.nder moy oblaln a judgm.nl 10' .ny d.hcloncy ,ern.,nlng In Ihe Indobl.dne.. duo 10 l.nd.r .H., appllc.llon 01 .11
.mounls 'ocelvod lrom Ih. exel'cl.e 01 Ih. "ghls provld.d In Ihls .ecllon.
T.nlllley .1 Su"".nc.. II G,anlor ,.maln. In po.....lon 01 1M Proporty eHer Ih. P,oporly I. .old .. provldad .bove a< lendor olhlrwil.
beeoml. enllll.d 10 poss..sion ollhe Prapor1y upon dol.ull 01 G,anlor, G,.nlor sholl become a I.nanl 01 sullo,.nee 01 l.ndor or Ih. pu'cha.., 01
Ih. P,operty and '11611, al L.nda,'. opllon. ellhor (a) p.y a ,eason.ble ,onlollo' Ih. u.e 01 Ihe P,oporty. 0' (b) v.c.,. Ih. P,operty Immedl.,ely
upon Ih. damand 01 l.ndor.
Other R.m.dl... L.ndor .h.1I h.v. all alher rlghl. and ..modi.. provided In Ihl. Mortg.ge 0' th. Nolo or Ivall.bl. .,I.w a< In .qully.
lit,. ollh. P,op.rty. To Ihe e,'.nl p.,mlll.d by eppllc.bl. I.w, Gr.nlor ho,oby w.'ve, .ny and oil "ghllo h.v. Ih. propeny m."hall.d. In
..ercl.lng II. "ghl. and ,emedles, Lend.r .hall b. Iree 10 soli .11 0' .ny p.,1 01 Ih. P,opo,'y log.lhe, or s.p.,.'oly, In on. ..,. 01 by ..pa,."
.al.a. lond8l.~all b. .nllll.d 10 bid al any public .al. on all or .ny porllon ollh. Prop.,ly.
Nllllct 01 S.,.. L."der .hall glV. G,anlo, roe.onabl. nollce 01 Ih. 11m. .nd place 01 .ny public .alo allhe P.'.on.' P'op.ny 01 ollh. 11m. .n.r
which .ny prlv.', ..Ia or olher Inlend.d dlsposlllon 01 Ih. P."onsl P,operly I. 10 be made. Unlo.. olhorwl.. ,.qul,.d by .ppllcabl. law.
....on.bl. nollce .hall mean nollce glv.n allellllen (10) doys before Iha 11m. ollne ilia 0' dlSpo.lllon.
Wily", Elocllon 01 R.m.dl... A w.lvor by .ny pany 01 . b...ch 01 . provl.lon ollhl. MOIlg.g. .hall nol consUIIll. . w.lve< 01 01 p"Judlc.,h.
p.ny'. rlghl. olh.rwl.e 10 dem.nd .Irlcl compll.nce wllh Ih., p,ov"'on a< any olhor p,avl,lon. Eleellon by L.nd.' 10 pursue .ny ..medy .hli nol
Ixclud. PU"ulI 01 .ny alhor rlm.dy. .nd an ,'eellon 10 10.'. explndllu,.. 0' I..e eCllon 10 p.r1o,m .n obllgallon 01 G,"nla< under Ihl. Moog.g.
.nor I.llulI 01 G,enlor 10 perlorm .hlll nol eHocllendor's "ghllo deelell . d.'.ull Ind ...,cl.e II. 'emedl.. undor Ihls MorIg.g..
Allarn.y.' F...IE.ptn.... IIl.ndor In.lllul.a .ny sUllo, ICllon 10 enlorce .ny 01 Ih. 111m. 01 Ihl. Mor1g.g., l.ndll .h.1I b. .nllllld 10 ,eeoVl<
.uch lum .. Ih. cour1 m.y .djudg. ,...onlbl. .a eHo"'aY" I..., ., ,,,., .nd on .ny .ppe.l. Wh.lh., a< nol .ny courl .cllon I. Involved, .i
,...on.bl. .'p.n... Incu".d by L.nd" Ihelln l.nde,'s opinion ... neeo...ry II .ny 11m. 10' Ihe p,oleellon nl II. Inlllll' Gf the .nIOlc.....nl 01
II. rlghtl shill bocom. . perl 01 Iho Indebl.dn... peyable on d.m.nd .nd .h.1I bo.' Inle,a.1 I,om Ih. d.'e 01 .xpendllulI unl,l IIp.,d .t lhe Nol.
r.',. E.p.nl.. covor.d by Ihl. pa,.graph Include, wllhoulllmll.llon, however subjnetlo .ny 111011. unde, .ppllc.bl. I.w. L.nder'. ."a<",yo' 1_
.nd l.nder'.logal .xp.n.es whalhor 01 nollhe'" Ie a I.wsull, Including .1I0rn.ys' lee. 10' b.n.,uplcy p,or...dlngs (Including ."orIslo modlly 01
v.cal. .ny lulom.llc ,'ay a< Injuncllon), appeals end any .nllclp.l.d posl-judgm.nt colleellon ..""co., Ih. co., 01 .el,chlng ,eea<d.. oblllnlllQ
1111. ,.por1. (Including loreelo.ure '.po,ls), su,veyolI' ,.pa,'" .nd app,.'s.lleo., .nd 11110 ",'u,ance, 10 Ihe ,,'enl pormlll.d by .ppllc.bl. low.
Granlor also will p.y .ny cou'l co.,..ln eddlhon 10 ell olhe' 'ums p,ovldod by law.
NOTICES TO GRANTOR AND OTHER PARTIES. Unless olhorwlsa p,ovld.d by .ppllc.bl.,sw, .ny nallc. undor 1111. Mortg.g. .h.1I b.'n w,IIIIIQ .nd
.hlll b. .HoeIlV. when .clually dellve,od, or whon deposlled wllh a n.llonally 'eeognllad overnlghl cou,'e" 0', If m.,I.d, shall b. d..m.d .Heellv,
wh.n d.po.lled In Ihe Unllod Sial.. 10.11 fill' class, 'eglste'ed 10.,1, po".ge p,opald, dl,ecled 10 Ih. .dd'e.... .hown ne.r Ih. boglnnlng ollhl.
Mortg.g.. Any p.'1y may change liS .ddrass 10' nollce. unde, IhlS Mortgago by gIVing formal w,lIIan nollce to Ih. olhor parll.., .peellylng Ih.llh.
pu'po.e 01 Ih. nallce I. 10 cheng. Iho p,,'y's edd'oss. All coploS 01 nollco' 01 foreclo.u'e "010 Ihe holde, 01 .ny han which has prlOOIy oVlllhls
Mo,lgege ,hall b. .enl 10 Lend.,'. .dd,ess. e. shown nAD' Ih. b.glnnlllg 01 Inl, Mo"gago. For nollc. pu'po.as, Granlo, agree. to ...p l.ndor
Informed 8t allUmes of Granlor's currenl address.
MORTGAGE
(Conllnued)
Pig. 8
-'G#J;~
---
~_..
MISCEUANEOUS PROVISIONS. Th,'ollowlng mlle.ll.n.ou. p,oVl"onl '" . pilI "llhl. MOIlglg.:
"mendm.nl.. Thll MOOg.g.. log.lh.. WIU, .ny A.I.I.cJ DOCU"'""II. co".lIlul" Ihl Inl". undlrlllndlng end IgrHm.nl ollhe Pllli.. .. 10 Ih.
m.It... ..llonh In Ihll Monglg.. No .1I...lIon 01 or Im.ndmlnllo Ihll MOIlgag. Ihlll b. IUacllv. u",... glv.n In w""ng Ind .Ign.d by Ihl
po,ty 01 p,nl.. .oughllo be chlrgld Of' bound by Ihe .111'111011 or Iml"dma"t.
Appllelble LlIw. Thll Morlgaga hll boen dlUVl/ld 10 L.ndl/llld lCe.plld bV Linder In thl Commonwllllh 01 Penn.ylv.nll. Thll
Morlg.galhll' be govl/nld by .nd con.lru.d In ICcord.ne. wllh Ihl lew. ollh. Commonweellh 01 Plnn'ylv.nl..
C.pllon Htidlnlll. C.pllon hlldlngl In Ihl. Mo,tglgl ... lOf conv.nl.ncl pur POll. only .nd II. nol 10 b. u'"d 10 Inl.rplIl Of d.ftn. Ih.
provlllon. 01 Ihll MOOglll',
Merlll<. Therl lheM bl no merver 01 Ihlllnl..1S1 or ..III. e".lld by Ihll Mo,lglgl wllh Iny olh.. Inl..1S1 or ..1.11 In Ihl Proplny .1 .ny 11011
hold by or lor the blnllll 01 Lend.r In Iny clplelly. w"houllh. WIIIII" con..nl olll"cJ.r.
Mulllpl. PIt1II1. All obllg.llon, 01 Gllnlor und.r Ihl' MolIUlga .h.1I bl loml and laver.l. Ind III ,.Ia"nca, 10 Gr.nlor .hlll mlln Neh Ind
IVI.,. Grenlor. Thl, mlln. Ihll..eh ollh. p."on, olglllng below I, r.oponOibl. for all obllglllon. In Ihlo Mortgllll.
leyer.bUlly. II I cou" 01 compllenl Jurl'd~lIon find' Iny provillon of Ihl. Morlglg. 10 bl Invllld or unlnlorcllbll II 10 Iny pl<1on Of
clrcum.llncl. luch ""ding .h.1I nol rllnd"lh.1 provlllon In"lId or unlnlorc..bll II 10 .ny olh" p.r.on. or circum, line... II II..lbll, I"y .uch
off.ndlng provlelon Ih.1I bl dHmld 10 bl modlllad 10 b. wllhln Ihl 1101111 of .nlorcllblllly or vllldlly: hOw,v", IIlhl off.ndlng pro",,'on c.nnol b.
.0 mOdlnld, II .hall ba Ilrlck.n .nd .11 olher provl.lon. 01 Ihl, Morlgeg. In ell olh.r ",pecl. .h.1I ramel" velld .nd .nlorcllbll.
SUCC'HOII and AIIIgn.. Subjecllo Ih. IImlllllon. olel.d In Ihle Mo,lgege on Iran.ler 01 (lr.nlor'. IlIler..l, Ihl. MOOgeg. .h.1I b. binding upon
ond Inure 10 Ih. bftR.f11 ollhe plnl... Iholr h.I", pallonal '.p,..enlollv.., lucc.nOIl Ind 855lgnl. U ownllohlp ollhe Proplrty bacoml' v..led
In . Pl..on olher Ihan Gllnlor, Lendar, wllhoul nollc. 10 Grunlor, m.y d..1 wllh Grlnlor'l IUCr..UOII wllh "'"enc. 10 Ihl. Mong.g. .nd Ih.
Ind.bl.dn... by w,y 01 forb.".nce or 1,I.n.lon wllhoul relao'lng Grenlor Irom Ih. obllglllon. of Ihl. MOOglg. or lI.blllty undll Ih.
Ind.bl.dn....
Time I. 01 Ihe Ellence. 11me I' ollhe ....ne. In Iho perlormlnce ollhl. Morlg.ga.
W.ver. and Conllnl.. Lender Ihlll nol b. deemed 10 hay. w.lved .ny IIghll under Ihll MOIlg.g. (or und.r Ihe R.,.I.d Documanl.) unl...
.uch w.lver Is In wrtllng and .Igned by Lender. No d.'lY or omls.lon on Iha p.rt 01 L.nderln e,arcl.lng Iny rlghl .h.1I oplI.le .. . wllver 01
.uch rtght or any olhll rlghl. A wllvar by Iny piny 01 . p'o~llon of Ihll MorlVlg. .hall nol coo<lIIul. I Wllv.r 01 or pr.j'Jdlc:e Iho pany'1 rtghl
olherwl.. 10 damand .Irtcl compll.nce Wllh Ihll provl.lon or Iny 01 her provision. No prior w.lvar by L.nd.r, nor any cou..e 01 dllllng b.tw"n
Lend.. .nd Granlor. shell conslllul. . welver 01 Iny 01 L.nder'. ,Ighl. or .ny 01 Grenlor's obllglllo", II 10 any lulure IlIn..cllon.. Wh.n.v.r
conltnl by Lend.r I~ required In Ihl. Mongegl, Iha grenllng of luch cons.nl by L.ndar In any Inllanca Ihall nol conllllule conllnulng conllnllo
lubllqu.nllntleoclI where .uch consenll. r.qulred.
IIACH GRANTOR ACKNOWLEDGES HAVING READ AlL THE PROVISIONS OF THill MORTGAGE, AND EACH GRANTOR AGREES TO ITS
TERMI.
GRANTOR:
x~~ ....,Lwy.' In.
R r1 M. Smiley Jr.
(SEALI
} _?
~ " ~r'
X I ~.J; ;.J{ /
fal S. Smll.y (
C8!Al.1
Slgned.lClmowledllld end delivered In Ihe pre..nce 01:
x
WI^a
~-;; / .tit
Wllne..
..
() cIItj&A-
CERTIFICATE OF RESIDENCE
I hereby certify. Ih.llhe p,eclse addr.., of Ihe mortglg", F.rmll. Tru.' Company, hareln II II Iallow&:
On. W'II t~gh SIr",. Carll.e. PA 17013
~~
<--- t-lj
. "
BOOK U n5 PACE t ll.12
PROMISSORY NOTE
M.turlly
Lo.n No
Account
Borrow.r: Robert M, Smll.v J,.
Cry'lel I. Imll.v
211 We'l Mlddl.... Drlv.
Cerll.... PA 17013
Lender: Fermll. Tru.1 Compenv
M.ln Ortlc.
On. Will High BI,ttl
ClrllII.. PA 17013
-
Principii Amount: $35,000.00 Intereet Rate: 9.250'''' Date 01 Nole: September 13, 1993
PROMISE TO PAY. I proml.. 10 PlY 10 Fermll. T,u.1 Complnv ("L.ndll"t. cr o,der. In lewlul mon.v 01 Ih. Unlltd 11.1..01 Am.rlca. Ih.
p,'nc'pll emounl or Thlrly Flv. Thou..nd . 00/100 DolIl" (135,000,001, 101lllher willI Inllllll .1 Ih. III. 01 8.250% pe, ennum on Ihl unpeld
p"ncl~tI bll.nc. I,om I.pl.mbe, 17, 1113. un III p.ld In lull,
PAYMENT. I will peV Ihl. 1000n In 120 plvm.nl. 01 1441.60 Itch PlYmlnl. MV 11111 Plvm.nll. due Oclobe, :10. 1"3, end .U IUbeequ.nl
pevm.nlll.. due on Ih. ..me dlr. 0' IlCh monlh ."erlhll. MV IIn.1 ",v,n.nl will be dUI on Sepllmbe, :10. 2003, end will be lor tll principal
.nd elllCc,ued Inl..ttl nol vel pi d. PlYmlnl.lncludl prlncl~".nd Inll...I. Interell on Ihll Nol. II compuled on I 30/360 Ilmple Inl",,' b.lll:
Ih.lll, with Ih. tlcepllon 0' odd daYlln Ih. ""I plymenl pori ad, monlhly Inler.1111 calculllld bV Ipplylng Ihe rello ollhe .nnulllnler..1 rell over a
veer or 3eO dlY'. mulllpllld by Ih. oullllndlng principal blllnce, mulllpllad by I month 01 30 diY', Inlerllll 10< Ih. odd dlY' II O4lculllld on lhe ball.
01 Ihe .clull daY' 10 Ihl nut lull monlh Ind I 360-day yelr, I Will pay Llndar al Lender'l Iddrlllllhown Ibova or II luch olhll pllc. .. Llndll may
dellgn.le In wrlllng. Unll.. olherwl.. Ig,eed 0' IIqullld by Ippllc.bl. IIW, plymentl will b. Ippllad flllllo Iccru.d unplld Inllllll. Ih.n 10 prlnclp.l.
Ind any remaining amounllo .ny unplld collacllon coal. Ind lale chargll,
PREPAYMENT, I m.y pay wllhoul penally all or a portion 01 Ihe amounl owed earlier Ihan 1111 due, E.rlY p.ymlnll will no I. unl... Igr..d 10 bV
L.nd., In wrlllng. ,ell.vI me 01 my obllgallon 10 conllnue 10 make p.ymenls under Ihe paymenl GChedule, Ralher, Ihev will reduce Ih. principal
balanca due .nd mav relullln m. making lewer p.ymenls,
DEFAlI.T. I will be In dellullll .ny of lhe following happens: (a) I 'all 10 make any paymenl when due, (bll break .ny proml.. I heve mad. 10
L.nder, 01'1 111110 perfOlm promplly Illhe lime and Ilriclly In Ih. menner provided In Ihll Nole or anV eg,..menl releted 10 thll Nol., Olin Iny olh.,
.o,eemenl 01 loan I have wllh Lendor, (c) Any repreaenlallon or Italemenl m.de or furnllhad 10 lender by m. 0,' on my b.hallls '.Is. 0< m/lludlng In
anv m.lorlll relpacl. (d) I dl. or become Insolv.nl. a racelvar IS appolnl.d lor eny pa,t of my property, I mlk. .n IIslgnm.nl lor Ih. blnaM 01
credllorl. 01 .ny proceeding Is commenced eilher by me or .g.lnll me under any b.nk,uplcy or Insolvency I.WI, (.) Any credllor IrI.. 10 I.k. .ny 01
my prOPlriy on or In which Lendar hIS . lien or sacUl1ty Inler.,', Thl, Includal a garnl'hmenl of any 01 my .ccounll wllh L.nder, (I) Any 01 Ih. Iv.nls
dlllCrlbed In Ihls dllaulllacllon occu,. wllh ra'pacllo anv gu.r.nlor of Ihls Note, (g) Lender In good lallh deems IIselllnucure,
LENDER'S RIGHTS. Upon d".ull, L.nder m.v dacla.. Ihe Inllre unpaid principal bll.ncl on Ihll Nol. .nd .i lcerued unpaid Inl.,..llmmedlllelV
due. wllhoul nollce. end Ihen I will PlY Ih.1 Imounl. Lender mav hire or p.y .omeone el.. 10 help collacllhls Nole If I do nol P.V. I Ilia will paV
Lender Ihll .mounl. This Includes. subjecl 10 anv IImll. under appllr.abla I.w, L.nder'l ello<neys' fee. .nd Lender'l 1eg.1 explnlll Whllhll 0< nol
Ihere I. I I.WiUIl. Including allorneYl' '''I end legal expen," '0< benkruplcy proceedings (Including ellOlta 10 mod/tv 01 va04l. .ny .ulomello llay or
Injuncllon), .PP.III. and .nv .nllolplled posl-judgmenl collecllon servlclll, "nol prohlbll.d bV epplloeble law. I "10 will p.y .ny court coals. In
.ddlllon 10 III olher suml provld.d by law, II Judgmenl Is anlered In connacllon wllh Ihll Nol.. Inlerllll will conllnue 10 .ceru. on Ihls Noll .lIer
judgm.nl II Ihe 1IIIIIng Inl"lIl r.le provided 10< In Ihll Nole. Thl. Nola hi' betn dlllvlr.d 10 Llnd.r end Kc.pled bV LInder In Iha
Commonwllllh 01 Plnnavlvlnll. IIlher. I. a lewlUlI. I Igre. upon Llnder'a ..qultllo IUbmll 10 Ih'lurlldlctlon 01 Ih. COlIrI. 01 Cumberl.nd
County, Ihl Commonw'llth 01 Plnnlylvanll. Thl. Noll thlU be governld bV end conll,u.d In .ccordlnce with Ih. lew. 01 Ihe
Commonwllllh 01 P.nnIVlvanll.
RIGHT OF BETOFF. I granllo Lendllf. conlr.clu.1 possessory securlly Inlereslln, .nd hereby ISslgn. convey, dellvlI. pledg.. .nd Iranlflllo L.nd.,
.i mv rlghl. 11111 and Inlereslln .nd 10. my .ccounll wllh L.nder (whelher chacklng, sevlngs, 0< some olher l.:counl). Including wllhout imllallon .N
.ccounls held JoInllv wllh lomeone elle .nd all eccounls I m.y open In Ihe fulure, excluding however .11 IRA, K.ogh, Ind Irult .ceounls, I lulhorlze
L.nd.,.lo Ihl a.tenl permllled bV .ppllcablelaw. 10 cherge 01 selollall sums owing on Ihls Noll ag.lnllany .nd .11 such .ccounll,
COLlATERAl.. Thll Noll II lacured by a Mortg.g. d.t.d Seplember 13, lQQ3, 10 LInder on ,,"I property localed In Cumblrltnd Counly,
Commonw..llh or Pannsylv.nll. alllhl lerml .nd condlllonl of which .re hllfebv Incorpor.'ed snd made. plrl 01 Ihll Nol.,
GENERAl. PROVISIONI. L.nd., mlY delav or lorgo .nlOlclng anV 01 lis rlghls or remedlu under Ihl. Nol. wllhoullollng lhem, I Ind Iny olhl<
p8f8on who Ilgns. gUlrlnl1ltS or endorsll Ihls Nole, 10 Ihe eldenl allowad by law, w.lve presenlmont, demlnd fOl p.ymenl. prolnl and nollo. 01
dllhonor, Upon .nv ch.nge In Ih. I"ms 01 Ih/s Nole, and unlllls olherwlse IIpr..lly llaled In wrlllng. no Plrty who Ilgnllhls Nol., whelhar u mekll.
gUlrenlo<, Iccommodallon m.k" 0< .nd""". Ihlll be relea..d ~om lI.blllty, All such partlu Igr..lhel Lend., mav ranlw or tltlnd (repealedly Mnd
lor anv Ienglh of lima) Ihllloan, or r.Ie.... .ny party or gua,anlo< or coll.lllfll; or Impolr. fall 10 raall.. upon or p.r/acl Lend"'llICurtty Inl""lln lhe
collal.,.I; Ind take Iny olher acllon deemld nacessary bV Lende, wUhoullhe consanl 01 0' notloe Iq .nyone, A1lluch parll.. .110 .O'ee lhal L.nder
maV modify IhIs lOIn w1lhoullhe consenl 01 or nollce 10 anyone olher Ih.n Ih. party wllh whom Ihe modiflcallon Is m.de, Th. obllglllons under Ihll
Nole "' jelnl.nd IIver.l, Thll m.ans Ihallhe words '", "me", .nd "my" mean each .nd III of lhe pellonlllgnlng below, II .ny pori/on at Ihll Nole
II for anv r...on dllermlnld 10 b. unenlorceable. II will nol ."ecllh. enlo<ce.blllty of .ny olhllf provisions 01 Ihls Nole.
PRIOR TO IIGNING THIS NOTE, I. AND EACH OF US. READ AND UNDERBTooD AU. THE PROVISIONS OF THII NOTE. I. AND EACH OF US.
AGREE TO THE TERMS OF THE NOTE AND ACKNOWLEDGE RECEIPT OF A COM~ETED COPY OF THE NOTE.
8ORROWER: ~. " pi ,
X J4PJ...-~;,.. ...h...~_ ) /J (SEALI X j '^'-I......,/ _ (SIAl.)
ROberl1.l'.s,,;jt.YJ,. - ----, ~s.;lIiv
'blld A.I.. Intl.llm'nt.
LASCR PAO, A.g, u.s. PI!. 6 T,M. 011., Vir, :I,lle (C)IIUI3CFt Pr/lS,,-VICII, Inc. AUrlghll""'Ud, IPA-020 SMIL!Y"'M,L~RII,OVLl
EXHIBIT
:F3
ACT'll1 NOTICE
IAMI ACTION 10 IAVI YOUft HOMI 'ftOM 'OftICLOIUftl
Th, COmmQnwlllltlh of P'fHl.~I~lIl1ll'" .hlll1'0~n.II' Enll.l'\Jltnc~ MlllIOlIlJU AIl,lalllllce Pr~'lIm mU)llHI ubltt 10 help ~IJLJ RlalJ 1".IQUt)'NI"g 1l()lIcelo find oul how th, P10Q'.1fl
'It'O,kl
'I ~OIJ nett! fIlor.llllo,mallon coli Ih. Pl1nnlvlvanlu .IOllIUlQ FII"1ncu ~""'IC)l UII 18001342.2301
LlllllJhhc!1ClOIl '" HtJJUfllo IJI du IlJlIllllflljlOrl.JnJ:llI. pUll I '111teM au IhIlU~hl) lJ CQIlIUlUI' vl'vhmlJo I" IU CIIII. SI no comp"nrJ. uJ conlin/do lJe "1111 /101IlICICI0/1 ctHlng. una
'''llILJlCIOl1lnHll,lllllllllllltllllJ IhIrlHlIlIJlIltllilIlUlltlCIIIIPIIllIlIlVt'vllllljllhllJlIl/I!1 FHlllllCOA\JlJl1cr) Iln CIHlJtlllJI tlIjn1U10 mnnclOnocJo arriba PUtt"", ee, ehtglble pO/Bun PfUlillY1Q
pOt Itl PIllQHlma 11,11I111110 .lhHIlIW~llIJle frnllfllullry MrllllJ.ltJII AlSalhlann.l ~l'O\lllltll~ ul CUll plJUlflJ IHIIIIUI ~LJ ":,JDlIIJlf lu pU'IJIlf/J lldllh.lll!cno ij 11)1111""111 IllpOlecll
ACT81NOTfCE
IM'OftIANI: NOIICI 0' HOMIOWNEft.' EMlftOINC~ MllftTOAOI ASSISIANCI PROQftAM,
PLIASI ftlAO IHII NOIICE.
YOU MAY SI ILIGIBLI ~OA ~INANCIAL ASSISTANCI WHICH (1AH IAVI
YOUR HOMI ~ROM 'OftICLOSURI ANO HELP YOU MAMI 'UIURI MOftTOAOI PAYMINTS
too ~ I "J3 O.'e 5/ .1/95
AE AccOWlI No
10
FROM
:lnbert ;3m.i If)'" I 1 r .
t"I'.!trrer!C 'l't1Jnt Oxu)anv
You m.W' b. IlIglbll ror "n,nel.I..II.t.ne. Ih.1 will prlv.nt 'Ortclo.ur. on you, mortg.g. If W'ou comply with Ih. provlllonl or Ih. Homlown.,,' Imlrglne)'
Morlg.g. A.,III.n" Act of 1iU l'hl "ACI"). You mllW b. .lIglbll'or Im.rglncy 'Impor.ry '1I11..ne." your d.f.ull"" bltn c,ulld by clrcumlt.nell b.vond
your conlroll you hn' · r.llon.b . prolplcl 0' ,,,umlnft you, morlglg. p.ymlnt., Ind I' you mil' other .lIglblllty requlremlntl IIt.blll"ld by Ih' ',nn.ylvlnl.
Houllng f1nlnet Aglne)'. PI.... ,..d.1l 0' Ihll Notlet. Clonl.ln. tn '.pl.nlllon of your rlghll,
Under Ihe ACI, you are .nUlhuj 10 8 lemporery ally ollO'tcloaure on your mOrlgaglllor Ihlrly (30) dlya Irom Ih, dll' ollhll NOIICI Dunng IhllUme )'OU mual arrange and
'II end I "raCI.lo.lace" mllUng wllh I reprlllnlBllve ollhla 'ender. or wllh a dellgnated consumer credlP counullng aQen~y The purpole Ollhlll 018811ng IS 10 Bllempt 10 work
oul B repaymlnl p'an. or to OlherWIII. tiIJllIe your dctllnquctncy, Thl. meellng mUlt occur In Ih, nellll.IIUy (30) da)'l,
II )'ou Hllend .'acl-lo"ec, mlellng wllh 11l1.lender, or wllh a CQnaumer credll counseling aglncy Idenllllld In Ihll nouce. no lurlher proceeding In mortglgeloreclo.ure may
Ilk. plac.'ar Ihllly (30) daYI oller lhl date olthlll meellng,
Thl n.tme, addrell and lellphone numb"r 01 our reprelsntallV8 Is:
.Jacl\ IJ. lIutchiRon
1 w. 1l1<1h St~
'~Jrliflie, PA 1;013
I.lephone Numb" 243 - " :' 1 2
The namel'). Idd"Ulel). 14nd phone numb'" 01 (8) ddllgnllled conlumer crldll coun8lllng agencylll'l II (arl"
1M?>
301 G Street
Carlisi", PA 17013
1111 onlv necllSery 10 Ichedule one laC8.10.hICI mlellng. You Ihould advllle lhlllender immedi81ely 01 your mlenllonl.
Your mortgage 1111'1 d,fauII b8(:,8~PP yJl.~ hallelelled 10 pay promplly Inllallment' 01 prrnClpaland Inle"ll, 81 required, lor B perlCXI 01111 l.aal al)ll)' (60) dOYI. Th. 10111 Imounl
011J1' dellng4eQcy II S 1, j tj" tj ) . Thai aum Includel Ihe followln.>>;
- l'Ont':111V P3\11l'ents I~S449.60 cadl tor [o'eb. 1995, March 1995, and ADril 1995
Your mOrlgagll181.0 In defaull 'or 1110 rollowlng r8010nl:
II you have Irled Ind Ire unable 10 re.olve Ihla probllm alar IUer your lace-Io-Iac. meeUng, )'ou have Ihlllgl1110 apply lor llOlncla' aUlllanCe Irom Iht Homlownerl'
Em.rO'Mcv Mortgag. AUIslancl Fund. In order 10 do lhtl, you mUll 'iU OUI, Ilgn and Iile a completed Homeownsrl' em.rgency AUlllance Application Wllh on. ollhe
dlllgn81ed conlumer CrtWl1 ' ounl8lino egencielllSled in Ih, (Ulachmonl, An appllcauon lor aUlllance may only be oblalned Irom I consume, cledll counllhng Igency The
conlumer ~fldil coun18llnu .Jgenc)' wlllanlsl you In liltmg oul your application and wllIsubmll your completed appllcallon 10 Il1e Pennlylvanl. Houa:ng Fmllnc'Aglncy Your
IIppliclllon mUll b, hlea or POll marked. wilhln Ihlrty (30) day. 01 your lace-la-lace melling,
/( I~ '1frremtlly Important that you 11I0 your !ppllcat/on promplly " you do /1ot do 60, or If you flo not follow the Olfler Ilmtl pBf/006 51" 'o"h In thl~ 1."Br, fo"clo~ure m"y proce.a
tJQlllnSf your home Immsctla,,,,y
Avallahle lundllo, emergen~y mortgage 811111anc" are very IImlled They will be dliSburud by Ihe Agency undllr Ihe ellglbUlly Clllllla eslabllshed by 1110 ACI
II .s exlremely Imporla", Itll" your appllcallon be occur ale end complele '" every relpecl, Thl Pennaylll'lUllil HOUSing Finance Agency has 51 Illy (60) day. 10 malt. I dlclslon
afler II r6C"lve5 your appl'callon, During IhalllddlllOnallt1fl8. no 10,eCIOSlJro proceedmgs wlil Da purlued I1galn!! you II you halle met Ihellma reqUlremenls Slllorlh above 'You
Will be 1101l11ed directly by that Agency ollIS deCISIon on your appliCation
The Pennsylvanla HaUling FlnanCI Agency II tocaled 01 2 I 0' NoUh Fronl $11811, PO&I Olllc, BO)l 8029. Hilltisburg. Pennlylvanla 17105. Tdlephonl No, (717) 180.38001)r
'.800-342-2397 (loll free nurnben Persons wllh lfnpalred heaMg can clllI '.800-342-2391
In addlt,on )'ou may "COIVIt enOll1er notIce 'rom IhlS lendor un ed Ihe "Nolle. ollnlenllOn 10 Foreclosure". 'You musl rlad botn nollCII, 'lnce
lh.y balh ellplam rlghl~ Ihol you now havo unc1e, Pennllylva EXHIBIT llorcl!6 your rlghlS dosCIltled III IhlS nollco, you cannot be lorecloted upon
whill! you Bre rocelvlng IhAl alslslance
I/)
Very "uIV you".
~fCL
/I.
~J)~l\, f1x:l.-
,
HEMA Rov 2 1Il~J.l
ACl81NOTlCI
TANI ACTION TO IAVI YOUR tlOM. 'ROM 'ORIOLOIURI
Thl Common....llh 01 Plnnl)lv.'UI', "Oln'O..,.I1I',' 1i11111"um:,,/ MIJIIUIIUIIA..II'lnc. Progr'lJJ /Illy b. ublll 10 help "100 ~'lt'lhu lollowlIlQ "OIICllo 11M Qui how Ihl prugrlm
work..
II you n"d mOllm/o,mlltoncIU thl P'lllllwlVlIllUI HOUIIIIU flnanc, -uunq ill I (tIOO) 342.aUl
La nohlu;;owJIl II1l1iJlullhJ" lJ. IUUI. IIIIPOIII"(l6I, puu ..r'l;lillIlJ IhHtiL;hO II (!Jl1lu'UI' ~IVI.nIJo Itn III CIII' 51 no comptlnd.., conl,mao iJo IIIQ "OhhcICIOIl obllng. un.
II BtJLJCC'c,," unm.lJIBIIln1.l1lllliJn1l1l1ltll .,11l dUUru:'1J IP~tUl'''Ilvll'"'1 HllIJIU1U Flllllnc. "'UIlle}I"n (mllOI 'I nwnllO menclon,do ''',b, Pu.ue..., '11Q1bll p'" un Pfllllmo
po, III progllullil t1iJnliuJQtlomeOWl1e'l t:1Il1l'IJU'h~'" MlIIIlJillJ1I Au.OllU1CU ~'O\Jfllf'" It! clJul pUOIJ. ulv.., 'u c.nu ou III PII<JI(JO dtl clUllCM II 'adllnlr au 'lIPOI"1I
RI: AccOUll1 No
ACT 81 NOTICE
IMPORTANT: NOTlCI 0' HO~~IOWNIRI' IMIROINCY MORTOAOI AUIlTANCI PROORAM.
PLUU AIAO THII NOTICI.
YOU MAY II ILIOIBLI 'OA P1NANCIAL AIIIITANCI WHICN CAN IAVI
YOUR HOM~ 'ROM 'ORICL08UAI ANO HILP YOU MANI 'UTUnl MORTOAOI 'AYMINTI
100~1433 0.,.. 'i/~/q"
TO
FROM.
Ct'/stDl Smi!c,y
.:/:.It:~r3 'fn::;t Lo(1)Ony
You mlY b. .lIglbl. for 'In,ncl.l 11I1.I.nc..h.1 Will prev.nl 'oreclolure on your morlg.g.1f you comply wllh Ih. provlllon. a. Ih, Hom.owner.' Im.,g.ncV
Morlg.g. AIII.I.n"Acl or 1113\lh. "Acl"), You m.w b. .lIglbl. 'or em.rGency I.mpor.ry ...lltlnet U your d,'.ull h.. blln Clultd by clrcum.l.nclI b,wond
your con'rol, you h.v. I rellonlb . prolplCt 0' ,..umlng your marl".", p.ym,nll. and If you milt Olh., .lIglblllty rtqulremlnll ..labU.hld by 'hi '.nn,wlv.nl.
Hou.lng "nlnc. Ag.ncy, PlllI. rlld .11 0' Ihll Hallet. It conl.ln. .n ..pl.nIUo" 0' your rlgh,..
Under Ihe Act, ~ou art enUlIldlo a lempolllly Ilay olltJIICloluru on 'lOW rno'lgogelar Ihmy (:)0) da~.lrom Ih. dale Ollhl. NOllee. Outing thai 11m. you mu.t.rrang. and
.lIend a "1Ice'la.lacl- w.n'IInQ Wllh 8 roprt.enIBllv. ollhll lende', or ""IIh I dUlgnoled conlumer credll counultng agency_ The purpose ollhll mUlIng Ilt13 BII.mptlo ""ork
oul I flp.symf1fll pllln, or 10 O!hlllWU18 lolUe your dehnqu.ncv_ Thl, meeting mual OCCur In Ihe nUllllhllly 1301 day..
II VOl,! all.nd oIIlal.:e-Io.lac, m"llng wllh IfUSllndlfr, or ""Ilh a CorHiU/llQr (I!J1l11 r.ou/ll8hng ogoney HJonlllll:lrJ In Ihl$ nollL8, no lutlher prOCtldlng In mortglge loreelolUlI InaV
tlke plitt lor Ihlrty 1301 dl~1 allellhe dall) Ollhll mOttling.
Th. name, addralS and Illephone number 01 OUf r,p,uunlalive III:
..Tack ",. HlItdli FC"m
I 11. 1I1\1h St.
Ci1rli~.lr.. PI, 1in1;
T.lephon, Numb.r, ? u. ,_ ,~, 1 ~.
Th. nam'CI), addlell'lal. aM phone numb'" 0111) d.llgnllld consum.r I.:r8d11 coun..llng .geneY(I..' Illarel:
'.I\C~
)(,1 (j Street
IlarlJ.n!".l'l~ 17()13
II I. only nlCI...ry 10 ICh'dul1 one l,i,_u'IO_IICI milling. You l"Ould lJdVllllhlll.nder Immftdulle/y 01 your mlonllonl.
Your monglg. IS In de'ayll bJlIl".rygu hava lallld 10 pay plomplly mSlaUmenl1 01 prinCIpII and Inlereat, al required, lor. PlflOd 0111 1"'1 ".Iy 180) dly.. Thetotll Imounl
01 Ul. delln~Jl4el]cy II S 1, jll.l5U . Tllel lum Include.lh, follOWing:
j ,00.,Ilt:n!y pOVll1P.nts ;~$44':l.fj() each for <'ell. 1':l95. March 1995. and Jl.~)ril 1995
YOur morlgag. II Ilia In delaull lor Itll lollowlng ,ealonll:
U you have trIed and ar. unable 10 ,.Iolv, Ihll problem ., or 3110r your IBct'lll-laCI me.llng. you have IhellohllO apply lot IlnlnClal lelllllncelrom Inl Homlown.r,'
Emergency Mortgage Alllllance Fund. In ordl( 10 do Inll, you mull 1111 oul, IIgn .nd II Ie a completed Homeo""nl"'- t':mllgency AIII.tlnc. AppllClhon with on. ollhe
dlllgnaled conlum,r clldl! counllhng aglllclu IIIt.d In Ih, allachmenl An Ippllcallon for 811111ance may only be oblllntd Irom I conium., crtdil counseling Igency. The
conlumar cfldll counUlllng .g.ncy Will 8Ullt you In IllIIng out your appllcallon and Will lubmll your completed appllcallon 10 Ihe PennlylvanliJI Houllng FlnlnceAg.ncy, Your
appllcauon musl b. hied or poslmark.d, ""lIhln Ihlrty (JO) dlY' 01 your 18ee.lo-lac. melllng
It II o.,r.mely ImpOrt,nt "''' yOu iii, 'lour ~ppIlC."f)n prOmpt'y. If you do nol do 50, or If you do no' follow tft. ol1l,r 11m, P'rlOd, "' forth In 'hi' I,".r, for.c/osure may pro(lId
,glln.' your hom.,mmedlalely
AvaIlable lunds lor emergency mortoeg. qUIl"ance ar. very IImllld, rney Will b, dIsbursed by Ihe Agency under !he ehglblllly cril'f18 eslabhshed by the Act,
III' elllllmelv ImpOrlanlthal you, appllCBlIon be accurate oM compl"e In Iv.ry rtapecl The Pennsylvania HoullOg Flnunce Agency tlaallllly 1601 days 10 make a d'Clllon
all,r II reC8lve, your applicallon OUrlng IhiU adOlllonalllmv. no 10roclOsure ploceedmgs Will be purlUed agumSI you II you hove mellh, lIme IIqUlremants ullorlh above You
""III b, noull.d drreclly b~ Ihal AQlnr.y olliS dOClllon on you, appllcallon
Tn. P.nnsylvanla Houlmg Flnanc.AQency II located 012101 Notlh Fronl Slfell, Posl Olllce 80118029, H.-frlsburg, Pl:lnnlVlvanlB 1710~. TOlepnone No. (717) 780.3800 or
1.800-342.2397 (IOU lrte number) Perlonl wllh ImpOlred healing can CIIIl 1.8110.342.2397
In .ddlllon you may recelVI anolh" nollcelrom Ihls tender undBlAcI6 01 1974 Thll nOhc"1 caU.d Ih, "Nolle. 01 IIllenllon 10 ForlClo,ure". You mUll readbolh nollCII. Ilnce
lhev bolh ,)Cplam IIghl. Ih81 ~Qu now havQ undor PennsylvaOld law Howdver,.' you choose 10 e.orCIIlt your IIghlS descnbed In thll nollCo, you cannor be lOrtclo.ed upon
while you are receIving Ihal alllslanc.
HEMA Rav 28/94
Very l'Uly 'Wou,.,
\'\._A"'. 1/ IJLT:.I':.'~J-e~_
-~ ......,
, .
NOTICE OF INTENTION TO Fq~ECL()~~MOFlT~LA.(}~
TO: ....-:1...,'t-.tt:l .it :)HLlil'
~J.1..~_;Jillil.Lf":( 1": 'J,
c.:.. tl i:~ ;':, 1 ~ 611.1
Da.. of Nollcu 5/'4/':~
Loan No. I GO'. 1 ~";
,"L' ',.s-" l'nwl' Cq pan}'
The MORTGAGE held by ..__:~..":___:'_ _.':...._~__.u..__._._._
(hereinafter we, UI or ours) on your proporly located at _'.;~ ~;"_~..i'!.!'~I!~~~.:! _~r:~L r.i1~:!!~.!. .\j~ ...0111_H;,c...
_.._ ..._..._~~.~.:~~! (:'_~~~' L ~~l t__.~_.. .:..:.~_. .... _ ..__ .--.--.-.----.-----___...._..__....h....._...._ __..___.._____._.._______,
IS IN SERIOUS DEFAULT becduso Vall have /lot mBde the monthlv pByments of $ --i12..L!l_______
for the months of __G~,,,'~_(i;:'_.m___m_, ...iluJ.:.:lLl ':~5___..__. Bnd_..1ILJuLl'~~~____.________,
Bnd/or becBuse _________..._..____..___..
..
Late charges and other charges have oliO accrued to this data in the amount of _ __' Tho total
amount now raqulred to cura this defaull, or in othar words, get caught up in your payments, as of the date of this
lattar, is $ .. 1, "it..'(1 _..
You may cure, this defBult within THIRTY (30) DA YS of the date of this letler, by pBying to us the above amount
of $ 1 , ~4b.l'(j , plus any additio/lal monthly payments and IBte chllrge which may fBII due during this
period. Such payment mUlt be made either by cash, cashiar's check, cortlfied check or money order, and made at
L;L-\r;"t:lt.~: lL11fit .~.!i~';~:.LL..!...l"'l~nt !i~_~~!+l:(!t,~~ll~li_~l~, Ph 17013 ,
If you do not cure the default within THIRTY (30) DAYS, we intend to exercise our right to IIccelerllte the
mortgllge pByments. This meens that whatever Is owing on the original amount borrowed will be considered due
immediately and you may lose the chance to payoff the original mortgage In monthly Inltallments. If full payment of
tho amount of dafault Is not made within TH I RTY (301 DAYS, we IIlso intend to instruct our arrornRYs to stllrt II
IBwsuit to foreclose your mortgBged property, If the mortgllge is foreclosed vour mortgBged property will be sold by
the Sheriff to PBY off the mnrtgBge debt. If we refer your case to our attorneys, but you cure the default before they
begin legal proceedings against you, you will stili have to pey the rallonable attorneY'1 fees, actually Incurred, up to
560.00. However, if legal proceedings are started against you, you will have to pay the raalOnabla attorney's feos even
If they are over $60.00. Any attorney's fees will ba added to whatever you owe us, which may also include our
reasonable costs, If YOll cure the dufdult within the thirty dllY period, you will not be reqUired to pay IIttorney's fees.
We may also lue you personally for the unpaid principal balance and all other sums due under the mortgage.
If YOll hava not cured the default within the thirty day period and foreclosure proceedings have begun, you still
have the right to cllre the default Bnd prevent the sBle Bt IIny time up to one /lour before the Sheriff's foreclosure sole.
You mllY do so by pllylng the total Bmount of the unpBid monthly payment. plu'lIny late or other chllrges then due,
BI wel/IIS the reBsonBble IIttorney's fees Bnd costs connected with the foreclosure sale and perform Bny other require-
ments under the mortgage. It is estimated that the earliest date that such a Sheriff's sale could be held would be
approximately .~1~. 1995 . A notice of the data of the Sheriff sale will besant to you hefore the sale. Of course,
the amount na~ded to cure the default will increase the longer you walt. You may find out at any time exectly what
the required payment will be by calling us at the following number: 243-3212 . This paymant must be in cash,
cashier's check, certified check or money order and made payable to UI at the address stated above,
You should realize that a Sherlff'slale will end your ownership of the mortgaged property and your right to remain
In it. If you continue to live in the property after the Sheriff's sele, a lawsuit could be started to evict you.
You hava additional rrghts to help protect your Intarest in tho property. YOU HAVE THE RIGHT TO SE LL THE
PROPERTY TO OBTAIN MONEY TO PAY OFF THE MORTGAGE DEBT, OR TO BORROW MONEY FROM
ANOTHER LENDING INSTITUTION TO PAY OFF THIS DEBi, YOU MAY HAVE THE RIGHT TO SELL OR
TRANSFER THE PROPERTY SUBJECT TO THE MORTGAGE TO A BUYER OR TRANSFEREE WHO WILL
ASSUME THE MORTGAGE DEBT, PROVIDED THAT ALL THE OUTSTANDING PAYMENTS, CHARGES AND
ATTORNEY'S FEES AND COSTS ARE PAID PRIOR TO OR AT THE SALE, AND THAT THE OTHER REQUIRE-
MENTS UNDER THE MORTGAGE ARE SATISFIED. CONTACT US TO DETERMINE UNDER WHAT CIRCUM-
STANCES THIS RIGHT MIGHT EXIST. YOU HAVE THE RIGHT TO HAVE THIS DEFAULT CURED BY ANY
THIRD PARTY ACTING ON YOUR BEHALF. YOU HAVE THE RIGHT TO ASSERT IN THE FORECLOSURE
PROCEEDINGS THE NON.EXISTENCE OF A DEFAULT OR ANY OTHER DEFENSE YOU MAY HAVE TO
ACCELERATION OR FORECLOS
If you CllfU I ',/ default. the mar
you are not entitled to this right 10 I
EXHIBIT
k
he same position BS if no defalllt had occllrred. However,
an three times in any calendar year.
BV_~.t:._J ,J1l,\:tc:lu,~':'L=~J~:- ___
,
Nlf 11o~\I ~"l d4 Mlt~"!
, .
NOTICE OF INTENTION TO FORECLOSE MORTGAGE
----- ...--.......--.-.. -.-.,-. --...
TO: :k:b~rT: ,;1~.1:(4\', ,7:..
"1""1. ';. '.till 1.-'-'WX )rl\'fl
":.ll"l~ ..;1(. I :'..'\ ' ~'1l1 .:
DI" of NOlie. __..:./.1.;1'.1' _..
LOin No. __.,-LQQ!;J_'1.:.~_
The MORTGAGE held by ---.-J':il,,:a.'~",,-_X;1,;:,!. Cl1~I?,
Iherelnafler we, us or ours) on your properly located at ~5~,.l:I,-}Il-.~i<ill!~:I~'( Dnv",_~!,:, : 1111 ,i;.(;(' ,.:..." ,
''':1.-.1.'1.:.::-,1l:, ..l:'\ ___ __.._._____.
IS IN SERIOUS DEFAULT becol/se you have 1I0t mado the mOf]thly paymenrs of $ 419. tiC, .
for the months of ",'I;, ,"'. ,. ,.1l,l'Cl: 1~'9'J "nd Apt'll 19~~
,nd lor bec,use
Late charges and other charges have also accrued to th Is date In the amount of . The total
amount now requl,red to cure this default, or In other words, get caught up In your payments, as of the date of this
letter, Is $ I , A.,. .,C .
You m,y cure this default with ill THIRTY (30) DA YS of the d'te of this letter, by paying to us the above amount
of $ 1.2';". iO , plus allY addition,' monthly payments and lite ch,rge which m,y f,1I due during this
period. Such pav.ment must be made either by cash, cashier's check, certified check or money order, and made at
,,';,IT,,,"3.n::>1: ,:A;lTl)~': 1 \';e61: rHell :;tre<=t, Carlisle, PA 17013 .
If you do not cure the dafeult within THIRTY (30) DAYS, we Inrend to exercise our right to ,ceelerete the
mortgbge p'ymenrs. This means that whatever I. owing on the orlglnel amount borrowed will be considered due
immediately and you may lose the chance to payoff the original mortgage In monthly Installments. If full payment of
the amount of default Is not made within THIRTY (30) DAYS, we also Intend to Instruct our Ittorneys to start a
I,wsult to foreclose your mortgaged property. If the mortgagtl is foreclosBd your mortgaged property will be sold by
the Sheriff to payoff the mortgage debt. If we refer your case to our attorney.. but you cure the default before they
begin legal proceedings against you, you will stili have to pay the reasonable attorney's faes, actually Incurred, up to
$60.00. However, If legal proceedings are started against 'Iou, you will heve to pay the reasoneble attorney's fees even
If thay are over $60.00. Any attorney's feas will be added to whatever you owe us, which may also Include our
reasonable costs. If you cure the default within the thirty day period, you will not be required to pay attorney's fees.
We may also sue you personally for the unpaid principal balance and all other sums due under the mortgage.
If you have not cured the default within the thirty day period and foreclosure proceedings have begun, you still
have the right to cure the default and prevent the sale at any time up to one hour before the Sheriff's foreclosure sale.
You may do so by paying the total amount of the unpaid monthly ".yments plus any lite or other charges then due,
as well as the reasonable atl'orney's fees and costs connectBd with th8 foreclosure sale and perform any other require.
ments under the mortgage. It Is estimated that the earliest date that such a Sheriff's sele could be held would be
approxlmately~. 1995 ,A notice of the date of the Sheriff sele will be sent to you before the sele. Of course,
the amount needed to cure the default will Increase the longer you weit, Yau may find out at any time exactly what
the required payment will be by calling us at the following number: 213-3212 . This payment must be in cash,
cashier's check, certified check or money order and made payable to us at the address steted above.
You should realize that a Sheriff's sale will end your ownership of the mortgaged property end your right to remain
in It. If '(OU continue to live In the property after the Sheriff's sele, a lawsuit could be started to evict you,
You have additional rrghts to help protect your Interesl In the proparty. YOU HAVE THE RIGHT TO SE LL THE
PROPERTY TO OBTAIN MONEY TO PAY OFF THE MORTGAGE DEBT, OR TO BORROW MONEY FROM
ANOTHER LENDING INSTITUTION TO PAY OFF THIS DEBT, YOU MAY HAVE THE RIGHT TO SELL OR
TRANSFER THE PROPERTY SUBJECT TO THE MORTGAGE TO A BUYER OR TRANSFEREE WHO WILL
ASSUME THE MORTGAGE DEBT, PROVIDED THAT ALL THE OUTSTANDING PAYMENTS, CHARGES AND
ATTORNEY'S FEES AND COSTS ARE PAID PRIOR TO OR AT THE SALE, AND THAT THE OntER REQUIRE.
MENTS UNDER THE MORTGAGE ARE SATISFIED. CONTACT US TO DETERMINE UNDER WHAT CIRCUM.
STANCES THIS RIGHT MIGHT EXIST. YOU HAVE THE RIGHT TO HAVE THIS DEFAULT CURED BY ANY
THIRD PARTY ACTING ON YOUR BEHALF. YOU HAVE THE RIGHT TO ASSERT IN THE FORECLOSURE
PROCEEDINGS THE NON.EXISTENCE OF A DEFAULT OR ANY OTHER DEFENSE YOU MAY HAVE TO
ACCELERATION OR FORECLOSURE.
If you cure the default. the mortgage will be restored to the same position as if no default had occurred. However.
you are not entitled to this right to cure your default more than three times in any calendar year.
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