HomeMy WebLinkAbout96-00953
~
~
c..
i <V
10
I
I
.
-7
. I
~I
i
~l
~i
f/J
~
I &
<1
u..
"
f
~ :
!
,J (I
1M
L{) '1
0-
)
3
(5
0/
"Z
v.
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW
IN MORTGAGE FORECLOSURE
CIVIL NO. 96- 9;d (lU"l'-- Jl(
NOTICE
~y~
FARMERS TRUST :O~IPANY,
Plaintiff
RICHARD D. SHERMAN, and
MARY ANN SHERMAN,
Defendants
YOU HAVE BEEN SUED IN COURT. IF YOU WISH TO DEFEND
AGAINST THE CLAIM SET FORTH IN THE FOLLOWING PAGES, YOU MUST
TAKE ACTION WITHIN TWENTY (20) DAYS AFTER THE COMPLAINT AND
NOTICE ARE SERVED, FILING IN WRITING WITH THE COURT YOUR
DEFENSES OR OBJECTIONS TO THE CLAIMS SET FORTH AGAINST YOU.
YOU ARE WARNED THAT IF YOU FAIL TO DO SO, THE CASE MAY PROCEED
WITHOUT YOU AND A JUDGMENT MAY BE ENTERED AGAINST YOU BY THE
COURT WITHOUT FURTHER NOTICE FOR ANY MONEY CLAIMED IN THE
COMPLAINT OR FOR ANY OTHER CLAIM OR RELIEF REQUESTED BY THE
PLAINTIFF. YOU MAY LOSE MONEY OR PROPERTY OR OTHER RIGHTS
IMPORTANT TO YOU.
YOU SHOULD TAKE THIS PAPER TO YOUR LAWYER AT ONCE. IF YOU
DO NOT HAVE A LAWYER OR CANNOT AFFORD ONE, GO TO OR
TELEPHONE THE OFFICE SET FORTH BELOW TO FIND OUT WHERE YOU
CAN GET LEGAL HELP.
Court Administrator, Fourth Floor
Cumberland County Courthouse
Carlisle, PA 17013
Telephone: (717) 240-6200
FARMERS TRUST COMPANY, IN THE COURT OF COMMON PLEAS
plaintiff OF CUMBERLAND COUNTY,
PENNSYLVANIA
v. CIVIL ACTION - LAW
RICHARD D. SHERMAN, and IN MORTGAGE FORECLOSURE
MARY ANN SHERMAN,
Defendants CIVIL NO. 96
COMPLAINT
AND NOW, comes Farmers Trust Company, through its attorney,
William A. Duncan, Esquire, and files this Complaint in
Mortgage Foreclosure, of which the following is a statement:
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. Defendant, RICHARD D. SHERMAN, an adult individual, and
Defendant, MARY ANN SHERMAN, an adult individual, are husband
and wife, and reside at 40 Beech Street, Carlisle, Pennsylvania
17013.
3. On or about December 24, 1992, Defendants made,
executed and delivered to Plaintiff a note and a real estate
mortgage financing Sixty Five Thousand Dollars and No Cents
($65,000.00>, a copy of said note and said real estate mortgage
being attached hereto as Exhibits "A" and "B", respectively,
and are incorporated herein by reference as though fully set
forth.
4. Said note and said real estate mortgage have not been
assigned.
5. RICHARD D. SHERMAN and MARY ANN SHERMAN are the sole
record owners in fee simple of said premises subject to said
mortgage. by virtue of a Deed dated and recorded on December
24, 1992, and recorded in the Cumbel:'land County Recorder 's
Office in Deed Book "B", Vol. 36, Page 185, 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 me,nths of August 1995, September
1995, October 1995, November 1995, and December 1995 in the
amount of Six Hundred Fifteen Dollars and 96/100, ($615.96) per
month and January 1996 monthly payment or Six Hundred Fifty
Eight Dollars and 79/100, ($658.79).
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 October 27, 1995, a copy of which is
marked Exhibits "0" and "E", and attached hereto and made a
part hereof by reference.
8. The Plaintiff has given written notice of default as
required by the Homeowner's Emergency Assistance Act of 1983,
dated October 27, 1995, a copy of which is marked Exhibits "F"
and "G", and attached hereto and made a part hereof by
reference.
9. By reason of the aforesaid default, the entire
principal balance of Sixty Eight Thousand Eight Hundred Sixty
Eight Dollars and 54/100, ($68,868.54) with interest thereon at
the rate of B.84% percent per annum, accruing insurance
premiums, attorney's fees in the amount of Three Thousand Two
Hundred Seventy Eight Dollars and 72/100 ($3,278.72) are now
due and payable.
10. The Defendants are liable to the Plaintiff for the
following on said mortgage loan:
A. Principal amount and interest
due through 2/20/96
$ 65,436.01
B. Interest from 2/20/96
2/21/96 @ $15.39 per diem: $ 15.39
C. Late Charges: $ 138.42
D. Attorney's Collection fee: $ 3,278.72
TOTAL: $ 68,B68.54
WHEREFORE, Plaintiff prays the Court to enter judgment in
favor of Plaintiff and to order the foreclosure and sale of the
mortgaged property and for the amount of Sixty Eight Thousand
Eight Hundred Sixty Eight Dollars and 54/100 ($68,868.54)
together with interest thereon, costs and all other amounts
advanced by Plaintiff.
G~~
William A. Duncan, Esquire
Attorney for Plaintiff
1 Irvine Row
Carlisle, PA 17013
(717) 249-7780
RECORDATION REOUESTED BY:
F.manl flu" Company
Om.We'l High SI,..I
C.."..., PA 11013
..' '_ _. ..,i
'.
W~tEN RECORDED MAIL TO:
F..mer, True! ComPMY
OM Well High SIr..1
C..".... PA 110IJ
'920:8 Z'j An 11 21
SEND TAX NOTICES TO:
Rk:hord D, Sherm... ...d M8ry Ann SIlerman
~ _h SlrHI
C..".... PA 11013
SPACE ABOVE THIS LINE IS FOR RECORDER'S USE ONLY
MORTGAGE
THIS MORTGAGE IS DATED DECEMBER 24, 1992, between Richard D. Sherman and Mary Ann Sherman,
owner(a) In lee simple, whose address Is 40 Beech Street. Carlisle, PA 17013 (referred to below aa "Grantor"):
and Farmers Truat Company. whose addresa Is One West High Streel, Carlisle, PA 17013 (referred to below as
"Lender").
GRAHT OF MORTGAGE. For valuable considerlllon, Gr.ntor granls, bargain.. MU" conveys, ~gnS, Irlna'er., rel....s, confirm. and
mortg8Q11 10 Lende, all 0' Granlor's right, IIl1e. and interest In and 10 Ihe follOWing descnbed leal property, together wllh all eXlstlng or subHQuent1y
erected or affixed bUildings. improvements and fix1ures; all slrMls. lanes. alleys, passages, and ways: all easements. nohts of way, all liberties.
pnVlIeg8S. tenements. hereditaments, and appurtenances thereunto belonging or anywISe made appurtenant hereaner, and the raversions and
remamder1 with respect theralo; all waler, water nghts, watercourses and dilch nght$ lincluding slock in utiliUes wIlh dilCh or irrigation rights); and aU
olher nohls. royallies. and proJIlIs r&faling to Ih& rw.1 pfoperty, including WithOut limltallon all minerals, all. gas, geothermal and similar ma<<&r1. located
In Cumberland County, Commonwealth 01 Pennsvlvanla (the "Real Properly"):
see Exhibit A township: &outh Mic1:l10ta1
The Real Properly or Ita address Is commonly known as 40 Beech Street. Carlisle, PA 17013.
Grinlor presently awgns 10 Lender all of Grantor's right, Ime, and inlerest in and to all lea585 of Ihe Property and all Rents from the Property. In
addition. Granlor grants 10 Lender a Uniform CommerCial Code secunty Inlere$t In the Personal Property and Renls.
DEFINITIONS. The follOWing words Shall have the follOWing meanings when used In this Mortgage. Tll<ms nol otherwise defined In IhlS Mortgage shell
have the meamngs attnbuled 10 such terms In the Uniform Commercial Code. All references 10 dollar amoun's shall mean amounts in lawful money of
lhe Unlled Sial.. of Amenca,
Grantor. The word -Granlor" means RIChatd O. Sherman and Mary Ann Sherman. The Granlor IS Ihe mor1gagor under Ihis Mortgage.
Guaranlot. The word -Guaranlor" me8IlS and Includes wllhout Iimllatlon. each and all of the guarantors. suretIes. and accommodation parties In
connection with Ihe Indebledness.
Improvement.. The word 'mprovements- means and includes Without limllation all eXisting and future improvements. fixtures. buildings.
structures. mobile homes affixed on the Real Property, faCilities, addillons and oth8f' construction on the Real Property.
lnd.bledn.... The word 'ndebtedness" means all pnncipal and interest payable under Ihe Note and any amounts expended or advanced by
Lender to diScharge obligallons of Granlor or expenses Incurred bV Lender 10 enforce obligations 0' Grantor under Ihis Mortgage. Ingelher with
interest on such amounts as proV1ded in this Mor1gage.
Lender, The word 1.ander' means Farma~ Trust Company. lis successo~ and aS5lgns, The Lend'" IS Ihe mortgagee under this Mortgage,
Mortg.lge. The word '"Mortgage" mean$ Ihis Morlgage between Grantor and Lender. and includes wlthoulllmllalion alllsstgnments and security
interest provtsions relating to the Personal Property and Rents.
NoI.. The word "Note- means the promiSsory nole or credllagreement daled December 24, t992. In the original principal amount 01
$65,000.00 from Grantor 10 Lender. logether With lJll renewals a', extensions of, modifications of. refinancings of. consolidallons of, and
subshluhonsfor the promiSSory note or agreement. NOTICE TO GRANTOR: THE NOTE CONTAINS A VARIABLE INTEREST RATE.
Person" Property. The words '"Personal Property" mean all equipment. fixtures. and other articles of pe~onal property now or hereaft8f owned
by GlsnlOf'. and now or hereatter artached or affixed to Ihe Real Property: logether With all accessions, parts, and additions to. all replacements of,
and all sub!tllulions lor. any 0' such properly; and togelher with all proceeds (includir.g wllhout limitation all Insurance proceeds and refunds of
premiums) from any sale or other dispOSition of Ihe Property.
Property The word "Property" means collectively Ihe Real Property and Ihe Personal Property.
Real Property. The words "'Real Property" mean I e5Cnbed above in the -Grant 0' Mortgage- secllon.
Reteted Documenl.. The words "Rel,'ed Doc EXHIBIT oul Iimltallon ail p,omlssory nol.., credil agreements, loen
agreemenlS. guaranll." secunty agreemenls. marl I n er Instrumenls, agreemenls and documents, whelher now or
h8leatler eXlstmg, executed 10 connection wllh the I rr-
Rents. The WOld ~ants" means all present and' ISSUes. royalties, profits. and olher oenetils donved from the
Property.
THIS MORTGAGE,INCLUDING THE ASSIGNMENT OF RENTS ANO THE SECURtTY INTEREST IN THE RENTS AND PERSONAL PROPERTY, IS
GIVEN TO SECURE (1) PAYMENT OF THE INDEBTEDNESS AND (21 PERFORMANCE OF AU. OBliGATIONS OF GRANTOR UNDER T1~IS
MORTGAGE AND THE RELATED DOCUMENTS, THIS MORTGAGt IS GIVEN AND ACCEPTED ON THE FOLlOWING TERMS:
MORTGAGE
(Continued)
pege 2
,,"'
"--:J:
=
.;....
PAYMENT 'AND PERFORMANCE, Except as olhar~lsa proVlded In IhlS Mortgage, Grenlor .hell pay 10 Lender ellamounl. secured by this Mortgage
as thev bltCome due, and shall stnctly podOf'm all 01 Granlor', obligationS under Ihls Mortgago.
POSSESSION AND MAINTENANCE OF THE PROPERTY, Grenlor egrees Ihal Granlat', pos...."'on end use ollhe Property .hell be govetned by Ihe
rallowlng proviSions:
Poue....on and Use. Until in default. Granlor may rsmlln in possesSion and control 0' and aporste and manage the Property and collectlhe
Renls tram Ihe Property.
DulY to Maintain. Granlor shall maintain the Property in tenantable condition and prompUv p8fform all repairs, replacements, and maintenance
necessary 10 presar\l8 lis value.
Hazardous Sub.tanc... The terms "hazardous waste," '"hazardous substance,. "disposal," .,elease: snd 'hrealened release,. as U$8d In this
Mor1gage. shall have the same muoing! as sel for1h In lhe Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as
amended, 42 U,S,C, S6Cllon 9601, el seq, ("CERCLA"), Ihe Supartund Amendmenls end ReaulhOllzstion Acl 01 1986. Pub, L, No, 9\}-499
("SARA"), lhe HazardOUS Malerlals Transportahon Act, 49 U.S.C. Section 1801,81 s.eq.. the Resource Conservalion and RecoV8fY Act. 49 U.S.C.
Section 6901, al seq., or olher applicable slale or Federal laws, rules, or legulallans adopted pursuant 10 any of the IOf8Qatng. The terms
~zardQus wasla" and '"hazardous substanceM shall also include, wllhout limItation, pelr04eum and petrOleum by-products or any fraction thereof
Ind asbestos. Granlor represents and warranls to Lander tl'tal: (a; During the period of Grantor's OWnBNhlp of the Property, lher. has been no
use, generallan, manufacture, ~tor,']ge, trealmenl, diSposal, release or Ihrealari8d release 0' any hazardous waste or substance by any paBon on,
under, or about Ihe Property; (b) Grantor has no knowledge 01, Of r88son to bebeve thallhere has been, excepl as prell10usly disclosed to and
ackno'>Nledged by Lender In wnting, (i) any use, gener.llon, manulacture, storage, Ireatmenl, disposal, release, or threalened release 0' any
hazardous wasle or substance by any pnor owners or occupants of the Property or (II) any actual or threatened htigation or claims of any kind by
any person relalino 10 such mailers; and (c) Except as preVIously disclosed 10 and acknowledged by lender In wnUng, (I) n81ther Grantor nor any
tenant, contractor, agent or olher authoTlzed user ')f Ihe Property shall use, generate, manufacture, slore, tleat, dispose of, or release: any
hazardouS waste or substance on, under, or aboutlhe Property and (Ii) any such acllvity shall be conducled In compliance WIth all applk:able
federal, slale, and local laws, regulallons and ordinances, including Without timllaUon those taws, regulations, and ordinances described above.
aranlor aulhonZ8S lender and Its agents to entar upon Ihe Property to make such inspections and lesls as lender may deem appropnale to
determine compliance oflhe Property With Ihls secUon or the Mortgage. Any Inspections or 18515 made by lender shall be lor lender's purposes
only and shall not be construed to create any responsibility or liability on the par1 of Lender 10 Grantor or 10 any olher person. The represenlallonS
and warranlles contained herein are based on Grantor's due diligence in investigating the Property for hazardous wasle, Grantor hereby (8)
relea585 and waives any future claims aoainst Lender lor indemmty or conlnbulion in Ihe evenl Grantor becomes liable lor cleanup 01' other cents
under any such lawS, and (b) agrees 10 mdemmfy and hold harmless Lender against any and all claIms, losses, liabilities, damage, penalties, and
expenses whICh lendar may direclly or IndIrectly sustain Of sutter resulting from a breach of this seelion 01 the Mortgage or as a consequence 01
any use, generation, manufacture, storage, disposal, release or Ihrealened rel88se occurring poor 10 Granlor's ownership or Interest In the
Property, whether or not the same was or should have been known to Grantor. The provisions of this section of Ihe Mortgage, Induding the
obligation 10 Indemnity, shallsuMlJe the payment of Ihe Indebtedness and the satisfRction and reconveyance of the lien 0' this Mortgage and shall
not be affected by Lender's acquisillon of any mterest In Ihe Property, whether by fOo'eclosure or otherwise.
Nuisance. Wast.. Grantor shall not cause, conduct Or permIt any nuisance nor commit, permit, or suffer any slripping 0' or waste on or to the
Property at eny portion o'the Property, Wilhoutlimlting Ihe generetrly o'lhe 10r8lloing. Granlor will not remove, at grant to eny other party lhe
righllo remove, any limber, minerals (Includmg 011 and gas), SOli, gravel or rock products wlthoullhe pnor wntten consent of lender.
Removal ollmprovemenls. Grantor shall not demolish or remove any tmprovements from the Real Property wilhout the prior written consent of
lender, As a condItion to the removf\1 of any Improvements, Lender may require Granlor to make arrangements satisfactory 10 lender to replace
such Improvements wllh Improvements of alleast equal value.
Lender', Righi 10 Enter. Lender and lis agents and representatives may enler upon the Real Property at all reasonable times to attend 10
Lender's Interests and to inspecl the Property lor purposes 0' Granlor's compliance With the terms and condillons of lhis Mortgage.
Compllanc. with Goveromenl.. ReqUirements. Grantor shall promptly comply with all laws, ordinances, and regulations, now or h8f'eafler in
effecl, of all gov~mmental authorities applicable to the use or occupancy of Ihe Property, Grantor may conlest In good faith any such law,
ordinance, or regulation and withhold compliance dUring any proceeding, including appropriate appeals, so long as Grantor has noUned Lender in
wnting prior 10 doing so and 50 tong as, in Lender's sole opinion, lender's interests in the Property are not Jeopardized. Lender may require
GranlOlto post adequate secunty or a surety bond, reasonably sallsfactory to lender, to protect Lender's Inlerest.
Duty to Protect. Grantor agrees nellher 10 abandon nor leave unatlended the Property. Grantor shall do all olher acls, In addillon 10 those acts
set forth above In Ihis section, which Irom the character and use 01 the Property are reasonably necessary to protect and preserve the Property.
DUE ON SALE _ CONSENT BY LENDER. Lender may. el ils oplion, declare immedlalely due end payable an sums secured by this Mortgege upon the
sale at Iran.'er, wllhoulthe Lender'. pnor wnllen con.ent, 01 all or any part o'lhe Real Property, or any inlere.lln Ihe Real Property. A 'sole at
transfer" means the conveyance of Real Property or any nght, title or inlerest therein; whelher legal or eqUitable; whether voluntary or Involuntary;
whether by outright sale, deed, inslallment sal8 contract, land contract, conlract for deed, leasehold inlerest wllh a term greater than three (3) years,
tea.se-oplian contracl, or by sale, assignment, or Irans'er of any beneficial interest in or to any land trust holding tille 10 the Reat Property, 01' by any
olher melhod of conveyance of Real Property interest. If any Granlor is a corporallon or par1nel'5hlp, transfer also includes any change in ownership 0'
mOfe than !wenty-flve percent (2Mb) of the voting slock or par1nershlp Inleresls, as the case may be, 01 Grantor. However, this opllon shall nol be
exerCised by Lender if such exorCise is prohibited by lederatlaw or by Pennsytvania law.
TAXES AND LIENS. The follOWing proV'sions retallng 10 the taxes and liens on the Property are a par1 of this Mortgage.
paymant. Granlor shall pay when due (and In all events pnor 10 delinquency) alllaxes, payroll taxes, special taxes, assessments, water charges
and sewer S8MCe charges levied agamst or on accaunl 01 Ihe Proper1y, and shall pay when due all claims for work done on or for serviCM
rendered or malenallurOlshed to the Property, Grantor shall maintain Ihe Property free 0' all lien! having prtonty over or squallo the inlerest 01
Lender under this Mor1gage, except 'or the hen of taxes and assessments not due, and except as otherwise prov;ded In the following paragraph,
Right To Conlest. Grantor may withhold payment 01 any lax, assessment, or claim In connecllon with a good rJlth dispute over the obtlgallon to
pay, so long as lender's mlerest In Ihe Property is notlBopardized. It a tien arises or is filed as a result 01 nonpayment, Grantor shall Within fifteen
(15) days after the hen arises or, If 8 lien isliled. Within Maen (15) days atler Granlor has notice ollhe filing, secure the discharge of the lien, or II
requested by Lender, depoSlI With Lender cash or a sufficient corporale surety bond or olher secunty satisfactory 10 Lender in an amount sufflcienl
10 dIscharge Ihe lien plus an.,. costs and attorneys' lees or other charges Ihat could accrue as a result 01 a foreclosure or sale under lhe lien, In
any contest, Granlor shall defend Ilself and Lender and shall sallSty any adverso judgment before enforcement againsllhe Property, Granlor shall
name lender as an addItional obligee under afly surely bond furmshed In the conlest proceedings,
Evtdence of Payment. Granlor shall upon demand lurnlsh 10 Lender satlsfaclory eVIdence of payment 01 the laxes or assessments snd shall
authOrize the appropnate ljovernmenlal atheT.}1 10 deliver to Lender al any tlmo a wnllen stalement 01 the taxes and assessments against the
Property
-
...
-.
i;?j
,.
.,.,
,'.,
,....
....
.;..J
.-
MORTGAGE
(Contlnued)
Page 3
<>',
=> .
.'"
."
Notlca of Construcllon. Granlor shall nollfy Lendor al leasl flnaen (15) days before any WOfk IS commenced. any SGN1C85 ars lurn~hed, or any
maleflills are supphscJ 10 the Property, I' any mechanIC's hen, maleflalmen's lien. or other han CQuld be asserted on account of Ino WoOt, S8f"AceS.
or malenals and Itle c051 exceeds $5,QC(),OQ. Granlor wIll upon request of Linder 'urnlsh 10 Lender advance aS5urancM satisfactory 10 Llndel'
thai Grantor can Ind wIll pay the cost 0' such Improvements.
PROPERTY DAMAGE INSURANCE. The lOllow,ng prOVIsions relollng 10 Insunng IhI Property ore 0 port ollhlS Mortgog..
Maintenance of Inauranc.. GranlOf' shall procuro and maintain policies 0' fir. insurance With standard extended coverage endorsements on I
replacement basis IOf Ihe full insurable value covering alllmprovemlnls on ttlG A8Q1 Property In an amount sufficient 10 avoid application 0' any
coinsurance clau!8, and With a standard mortgagee clause In lavOl of Lender. PolICies stlall be wn"en by such Insurance compames and In such
'OIm 85 may be reasonably acceplable 10 Lender. GranlOl shall deliver 10 lender certlncales of coverage from each in5urlf' contaIning.
sllpulatlon that coverage will not be canC'1Ued or diminished wllhoul a minimum 0' Isn (101 daY" poor wn"en notice to lender and not conlalning
any dIsclaimer of the Insurer's liability lor failure to gl~e such notice, Should the Real Property at any time become localllJd In an Ir88 designated
by the Director ollhe Federal Emergency Managemenl Agency as a Sp8C~1 "cod haZard area, Granlor agrees 10 oblain and maintain Federal
Flood Insurance, 10 the exlenl such insurance 15 reqUIred and IS or becomes a~atlable, 'or Ihe term 0' lhe loan and for the full unpaid principal
balance of Ihe loan, or the ma.lumum limit 01 co~erage thai is a~81Iable, whiChe~er is less.
Appllc.llon 0' Proceeds. Gllnlor shall promplly nolily L.nder 01 .ny Iou or W1m.g. 10 IhI Property If the ..limal.d cosl of r""olr or
teplacement exceeds $500.00. Lender may make proof of lOSS I' Granier 'ails to do so WIthin ~neen (15) days of the casually. Whelhet Of not
Lender's security IS impatted, Lendar may, at ils election, apply Ihe proceeds 10 the reuuction 0' the Indebtedness, paymenl 0' any lien aHeclino
the Property, or Ihe 1e510rallon and repair 01 Ihe PropfJrty. If Lender elects to apply Ihe ptoceeds 10 restoration end repair, Grantor shall repair or
replace Ihe damaged or deslroyed Improvements In a manner satisfactory 10 Lender. Lender shall, upon satlslactory proo' at such expendllure,
payor fBimburse Grantor from the proceeds lor Ihe reasonable cost 01 repair or restoration i' Grantor is not In delault hereunder. Any proceeds
which ha~e not been disbursed wilhin 180 day'J 8ner their receipt and which Lender has not committed to the repair or resloralion 0' lhe Property
shall be used first 10 pay any amount owing 10 Lender under Ihls Mortgage, then to prepay accrued Interest, and the remamder. if any, shall be
applJed 10 the principal balance or the Indebtedness. II Lendsr holds any proceeds aMer payment In full of the Indebtedness, such proceeds shall
b. pOld 10 Granlor.
Unexpired Insurance II Sale. Ani unexpired insurance shall inure to Ihe benefit a', and paS! 10, the purchaser of Ihe Property covered by lhis
Mortgage at any trustee's sale or other sale held under Ihe pro~islons of Ihis Mor1gage, or at any foreclosure sale 0' such Property.
EXPENDITURES BY LENDER. II Granlor fails 10 comply wllh ony prOVIsion 01 Ihls Mortgog.. or " ony oclion or procll<ldlng Is comm.nced Ihll would
materially affecl Lender's Interests in the Property, Lender on Granlor's behalf may, bul shall nol be required 10, laka any acllon that lender deems
appropriale. Any amount thai Lender expends in so doing Will bear interest al the rale charged under the Note from the dale incurred or paid by
L.nd.r 10 Ihe date 01 r.p.ym.nt by Gr.nlor. All such BlIp.n.... al L.nder's oplion. will (.) be payobl. on d.mand. (b) b. odd.d 10 the b.lance of Ih.
Nol. ond be opportion.d .mong Bnd be payabl. wllh any Inslallm.nt poym.nls 10 becoma duo dunng .tlher (I) Ihe I.rm 01 any oppliceble insuronc.
policy or (II) Ih. remolnlng I.rm 01 Ihe Nol.. or (c) b. Iraoled os a balloon poym.nt which will b. duo ond payoble ot Ihe Nol.'s ","Iunly, This
Mortgog. olso w,lI secure paym.nl ollh... amounls. Th. nghls provided lor In Ihls paragr.ph sholl ba in eddlllon loony olher rlghls or any r.mod,",
to which Lender may be entllled on account of the default. Any such action by Lender shall not be conslrued as curing Ihe defaull so as to bar Lender
from any remedy that II otherwise would have had.
WARRANTY; DEFENSE OF TITLE. Thelollowlng prollislons r.'ollng 10 own...hip 01 Ih. Prop.rty .,. 0 p.rt 01 Ihis Mortgag..
Tille. Gronlor wo"onls Ihol: (a) Granlor holds good ond mark.labl. 1111. 01 record 10 Ihe Property In lBO simple, ITBO ond cloar 01 ollll.ns ond
encumbtaoces olher than those set tonh In the Real Property \Jescriptlon or in any tille Inljurance policy, tille report, or ~nal title opinion issued In
fa~or of, and accepled by, Lender In connection With this Mortgage, and (b) Grantor has the full right, power, and authority to execute and deU~er
Ihls Mortgog. to L.nd.r.
Defense a. Title. Subjactto the exception In Ihe paragraph above, Granlor warrants and will forever defend the tille 10 the Property against Ihe
lawful claims of all persons. In the event any action or proceeding Is commenced that questions Grantor's IIl1e or Ihe interest 01 Lender under lhis
Mortgage, GIaniOf' shall defend the action at Grantor's expense. Granlor may be the nominal party In such procoedlng, but Lender shall be
enbUed to participate In the proceeding and to be represented in Ihe proceeding by counsel 01 Lender's own choice, and Grantor will deliver, or
cause to be delivered, 10 Lender such Instrumenls as Lender may requesllrom lime 10 lime 10 permit such particlpallon.
Compliance Wllh L1Ws. Granlor warranls Ihot Ih. Property and Gronlor's uso 01 Ih. Prop.rty compll.. wllh all BlIlsllng applicebl. la.....
ordInances, and regulations 0' go~ernmenlal authOrities.
CONDEMNATION. Th. following provisions relallng to cond.mnollon 01 Ih. Prop.rty are a part 01 Ihis Mortgag..
Appllc.t1on 0' Net Proceeds. II all or .ny part of tho Property Is cond.mned by emlnenl domoln procBOdlngs or by any procBOdlng or purcho..
In lieu of condemnaUon, Lender may al ils election require that all or any portion of the nel proceeds of the award be applied 10 the Indebledness
or lhe repair or testoralion ot Ihe Property. The net proceeds of the award shall mean the award aner payment lJf all actual costs. expenses, and
a"orneys' fees incurred by Lender in connection WIth Ihe condemnation.
Proceedings. II ony procBOdlng In cond.mnallon Is m.d, Granlor shall promplly nollly L.nder In wnllng. and Granlor shall promplly lake such
slops .s may be necessary 10 d.f.nd Ihe ocllon and oblaln Ih. award. Granlor may b. Ih. nominal porty In such procBOdlng. but L.nder shell be
entilled 10 partICipate in the proceeding and 10 be represented in the proceeding by counsel of Its own choice, and Granlor will dell~er or causa to
ba delivered to Lender such Inslruments as may be requ05led by il 'rom time to time 10 permit such panlcipallon.
IMPOSITION OF TAXES, FEES AND CHARGES BY GOVERNMENTAL AUTHORITIES. Th. follOWing provisions r.'allng 10 governm.nlallax... I...
and charges are a part 01 Ihis Mortgage:
Current Tues, Fees and Charges. Upon request by Lender, Granlor shall execute such documents In addition to this Mortgage and take
whate~e( olher action IS requested by Lender 10 per1ect and continue Lender's lien on Ihe Real Property. Granlor shall reimburse lender for all
taxes, as descnbed below, logether WIth all expenses incurred in recording, perfecting or conl1nulng this Mor1gage, including wllhoulllmitatlon all
lax85. '885, documentary Slamps, and other charges lor recording or reglstenng this Mortgage.
Taxes. The following shall conslllule taxes to which this section applies: (a) a specific lax upon Ihis type of Mortgage or upon all or any part 01
tho Indebtedness secured by thiS Mortgage; (bl a specific lax on Granlor which Grantor is aulhonzsd or required 10 deduct tram payments on the
Indebtedness secured by thIS type or Mortgage; IC) a tax on Ihis type of Mortgage chargeable against the Lender or tho holdar of the Note: and
(dl a specific lax on all or any portion or Ihe Indebledness or on payments of pnnclpal and inlerest made by Granlor.
Subsequent Taxes. II any lax 10 which thIS secllon applies IS enacted subsequent 10 the date ot this Mortgage, this e~ent shall ha~e the same
eHocl as an Event of Default (as dehned belowl, and Lender may exerCise any or all of ils a~allable remedies for an E~ent 0' Deraull as prOVided
below unless Granier etther (al pays Ihe la.. before II becomes delinquent. or (bl conlesls Ihe lax as prOVided above tn Ihe Taxes and liens
secllOn and deposIls Wllh Lender cast! or a sulllclenl corporale surety bond or olt!er socunty satlsfaclory 10 Lender.
-
-
I::)
'"
~
,
-
-
W
~
MORTGAGE
(Continued)
Page 4
~l
.-;! ,
SeCURITY AGREEMENT; FINA"CIHG STATEMENTS. The 'ollowlng prOVIsions felsllng 10 Ihl5 Morlgage as a security agreement arB. part of Ihls
Mcr1gage.
Security AglHfMflt. ThiS Instrument Shill con5hlule . secUrity agreement 10 the 8x1enlany 01 lhe Property conslllules nxtures Of on. p4lf1ona'
prop_ty, and L.nder shall hi". 111 ~t Ih. nghls 0' a secured party undaf Ihl Uniform Commercial Code as amended from tlm.'o hme.
Security Inl."... Upon ,eQuesl bV lInder, GrsnlOt shall .xecul. flnanclng statements and lake whallvtN' 0lh8r aclion II requested by l.ndtlf' 10
perl8c1 ilnd conllnue Lender'S secunty Inl8'lsl In the Rents Ind PenonaJ Property. In addition 10 recOldlng Ihll Mor1gage In lhe ,eal property
(ecOlds. LInd., may. al any lime and wIthout further aulhonzallon from Grantor I "Ie executed counterparts. copies or reproduct1onl 01 IhlS
MOf1gage IS . financing slltemenl. G'lnlOf shall ,."nbuBS LendBf for all upenses Incurred In perfecting or conllnulng Ihls s.ecunty Inl.,esl.
Upon d.taull. Grlmlor shall usemble Ihl Personal Property In I manner and al . place reasonably convemenl to Grantor and lender and make It
Ivalllable 10 Linder wlttun Ihr.. (3) days IMur rscelpt A' wnne" demand trom llnder.
Addr...... The mailing addresses or Gtanlor IdeblOt) and Lander (secured party), from WhiCh Informallon concerning Ihe S8CUllty Interesl
gran led by thIS Mortgag. may be oblaJlled (eBch as required by lhe Umform CommtllClI1 Codel, Ire as slaled on the "l'1t paoe or IhlS Mor1gage.
FURTHER IISSURAHCES; ATTORNEY-IN-FACT. The follOWing prOViSIons relalfng to rurther assurances and anorney-In-tacl are a part of Ihis
Mortgoge.
Furth.r Auuranc... AI any time, and 'rom lime to lime. upon reQuesl 0' lender, Grantor WIQ makl, Ixacull and deliver, or wiN cause 10 be
made. execuled or delivered, 10 Lender or 10 Lender's designee, and when reqU9Sted by lendet', cause 10 be "led, recorded, rl"led, or
r.&corded. as lhe case may be, al such lImes and In such a"ftces and places as lender may deem approprtate, any and tJl such mortgages,
deeds or Irust, secUtlty deeds, sec:unty agreements, nnancing statements, conbnuatton slalements. Inslrufl\ttnls or fur1her assurance, certitlcales,
and olh., documents as may. in lhe sole opinion or lender, be necessary or d8$1rlble in order to .ffectuat., complele, perfecl, continue, Of
pr8S8rve (a) the obliQlilions 01 Granlor under Ihe Nole, Ihis Mortgage, and the Aelaled Documenls, and (b) the Iltns and secunty Inleresis
crealed by this Mor1gage as nrst and pnor Uens on Ih8 Property. whelher now owned or hereaner acquired by Grantor. Unless prOhibited by law
or agrwd 10 lhe conlrary by L.ender in wnling. Grantor Sh811 r&j;nburw Lender for all costs and expenHS Incurred In connection WIth lhe maners
r,IslTed 10 in IhlS paragraph.
Attorney-tn--Fect. It Grantor lads to do an'f or Ihe things re'erred 10 In Ihl preceding paragraph, lender may do so for and In Ihe name of
Granlor and al Granlor's expense. FOI such purposes, Granlor hereby Irrevocably appoints Lender as Grlntor's Inorney-in-racl fOf the purpose
0' making, axecullng, delivering, nllng, recording, and doing all other Ihlngs as may be necessary or desirable, In lender's sole opinion, 10
accomplish the matters referred 10 In the preceding paragraph,
FLU PERFORMANCE. II Granlor poys Ilillho Ind.bt.dness whon due, ond olh.....l.. portorms .lllhe obllgollons Imposed upon Gronlor under Ihis
Mortgage. Linder 'h.11 lxecute and deUver 10 Granlor a suilable satisfaction of thi, Mongage and ,ultable statemenls or terminaljon 0' any "nanclng
"otomenl on "Ie ovldenclng L.nder's secunly Inleroslln Ih. R.nts ond tho P""onal Property. Gronlor w,lI p.y. II perminod by .pplicoble law, ony
reasonable termination fee .s determined by Lend8r tram time 10 time.
DEFAlJ..T. E.eh 01 the lollowlng, allhe opllon 01 Londer. sholl eonslllute on ali8nl 01 d.'.ult ("Ev.nt 01 D.I.ul!") und., Ihls Mortg.g.:
001..11 on Indebtedn.... F.Hur. 01 Gronlor to make .ny paymenl wh.n duo on Ihe Indebl.dn....
o.faul1 on Otner peymenll. Failure 0' Grlnlor WIthin the time required by Ihis Mor1gage to make any paymenl ror taxes or Insurance, or any
olher payment necessary 10 prevent nllng or or 10 effect discharge 0' any tien.
Compll8nC8 De'eun. Ft.ilure 10 comply wilh any other 181m, obllgalion, covenant or condillon contained In this Mor1gao., the Note Of in any or Ihe
RoIaled Documents.
er8<<h... Any warranty, representation or stalemenl made or tUlnlsl'1ed 10 lender by or on behalf or Granlor under this Mortgage. the Note at lhe
Aefaled Documents IS, or allhe Ume made or furmshed was, false In any material respect.
InlOlvency. The Insolvency at Grantor, appointment or a r8C8IV8r tor any part of Granlcr'S property, any assignment tot Ihe bene"' 0' creditors,
tho eommancemenl 01 ony proceeding under any bankrupley or Insolv.ncy laws by or ogalnst Granlor. or Ih. dlSsolulion or Ia<mlnallon 01
Granlor's exiStence as a gOlOg bUSUleM (If Granlor is a bUSiness). Except to Ih8 extent prohlblled by federal law or Pennsylvania law, the dealh or
Otanler (i' Grantor is an Indlv1dual) also shall conslllute an Event of Oelaull under Ihis Mongaga.
Foreclo....'., Fort.nurl, Ilc. Commencement of fQlQClosure 01 forfeIture proceedings, whelher by Judicial proceeding, self-help. repOSS8Ulon or
any other melhod, by any creditor 0' Granlor or by any governmenlal agency againslany of the Property. However, this subsecllun shall nol apply
In lhe event or a gooo Illlth dlspule by Grant?l as 10 the vatidlly or reasoneblenBSs of Ihe claim which is the basis of the foreclosure or fore'eiture
proceeding, prOVided that Granlor gIVes Lender wnnen notice 0' such claim and lurnl~hes reserves or a surety bond fOt the claim satisfactory 10
lender.
Bfl.:h 0' Other Agreement Any breach by Grantcr under the terms 0' any other agreement between Grllntor and Lender thai Is not remedied
W1lhin any grace period provided that8tn, Including Without IImllation any agreement concerning any Indebtednes' or olh., obligallon 0' Granlor to
Lander, whelher 8X1Sbng now or laler.
Evenls AFfectlng Guarantor. Any 0' Ihe preceding I\lents occurs wllh respecllo any Guarantor or any or the Indebledness or such Guarantor
dles or becomes Incompetent.
RIGHTS AND REMEDIES ON DEFAlJ.. T. Upon Ih. oceurr.nce 01 any Ev.nl 01 Delault .nd al ony lime Iha<ooner. L.nder. ollis opllon. may exerCise
an'f one or more of the tollowlng nghts and remedies. in addition to any other rights or remedies provided by law:
Aceelerele Ind.bledne... Subjecl 10 oppllcabl. low, L.nder shall hove Ihe righl allls opllon w,lhoul nolle. 10 Grenlor 10 declar. lho .nbr.
Indebtedness immedlalely due and payable.
UCC Remedl... W,lh r.specllo all or any part 01 Ih. P.~onal Property, L.nder .hall have olllho righls ond r.medles 01 . secured p.rty under
the UOIlorm CommlfClal Code.
Collecl Rents. Linder shail have Ihe nght. WIthout notice to Granlor. 10 take possesSIon 0' the Property and collactlhe Rants. Including amounts
past due and unpaId, and apply the nel proceedS. over and above Lender's costs, against thw Indebtedn8$!. In lurtherance of IhlS nghl. Lender
may reQIJlre.ny lenanl or otner user or Ihe Property 10 make pa'fments of renl or use fees directly 10 Lender. IIlhe RenlS are collecled by Lender.
then GranlOl Irrevocably designates Lender as Granlor's altorne'f-IO-'act to endorse IlIstrumenls r8C81"'8d in paymenl ll'1ereor in the name of
Granfor and 10 negollate the same and collect the proceeds. Payments by lenants or other users 10 Lender in response to lender's demand stlal!
sallsry Ihe ob!igallans for wtllch Ihe payments arB made, whelMr or nol any proper grounds for lhe demand eXisted. Lender may exerCise lis
nghls under thiS sub~aragraph eIther In DOfSOll. b'f agenl, or through a recellJ8f.
Appolnl Receiver. Lender shalt have Ihe 09nllo nave a recelvor apPofflled 10 lake possoSSlon 01 all or any part 01 the Property, with the power 10
prole<:1 and pr9ser/Q lMe Property, 10 ct:er:llo It:e Properly pfocedlng loreclosure Of sale. and 10 coiled the Renls Irom the Property and apply Ine
-
-
..,
-
~
-
-
~
~
MORTGAGE
(ConUnued)
Plge 5
~,
prcx:Hds. over and ibavl Itla cost at Ihe flKw,..er1htp. agaInst lhe lndeotldness. The recellllf' InIY 'WWVQ wIthout bond I' p.,mltted by law
llnd<<" (lQnl to Ihe olPPolnlmen, of a fttClJ.\lltt ~h.ll '.'51 \Ilfhilhet Of net the appalent 'o'alul of It\e PropllJIty '.leNds Inti InOetlledtl8\l by ·
1Uosll01l11 amounl. Employmenl b,/ Lende' 5h.1I nol dlSqulIhty . penon trcm MIV10Q II . rQC81v....
Judlel.. FOfecloautt. llinder may obl~1n . JUOICIIlI decr.. 100eci~ng GranIOl" Int..t 10 III Olin,;, part all". Property.
PoIMuIon 0' lhe Property. FOI lhe purpose 01 prOCUrlJlQ pDUeSSlon or Ih. Property, OtaniOf' hereby lulhofll8S ilnd empowers any InOtMy' or
any court 0' record In Ihe Commonweallh of Pennsylvania or etsewn.... IS ,nOlO8Y 101 L&nder and all peAons clllmiOQ under or through Linder,
10 ~n an agreement 'or entering In Iny compalenl coun an amublt action In ')'IClmenl 'or pOSS8Ulon of In. Property and 10 ItlP..r 1(1( Ind
confess judQm.nl IQalnsl GianiOf'. and agalnsl all p8f\ons claiming undel Of thfOUQh GrantOf', 10f' lhl reco~ery by Lander 0' pOSNlSlon Q'lhe
Property. wllhoutlny Sl..,. 0' 8.l8Cuhon, lor whlCn Itlll Mortgage, or . copy 0' Ihls Mortgage Yer1fted by afftdaVlI. Sh.lI be . sutftclenl wanlnt; Ind
Ih.lupon a Writ 0' p055eSS10n may b. ,~u8d lonhwllh. Wllnoulany pnor Writ Of pfOCMdlflg whalsoevII.
Honludlclel SaI.. If permitted by applicable law, Linder may foreclOH Gfanlor's Intereslm all 0( In any part ot thl Personal Prop8fty OIth. Real
Ptcperty by nonludloal Wig.
Deftclency Judgment. L.nd8f ma,;, oblaln a Judgm.nl fOf any dellcllncy remaining In lhot Indeblednns due 10 Lender alter appkcatlon 01 aU
amounts rtlc8Ived from Ihe ')lSfCIW 01 the rlgnls pro\l1ded In Inti section.
T.nancy at Suneranc.. It Granlor remains In pOSsession of lhe Property atter the Pfoperty IS ~d IS ptOvlded above or Lander olherwtSe
DecantS Inllt1ed 10 p0S5415SJon 0' the Property upon delault 01 Gflnlor, Gfantor sW become I llnant., sutter,nc. 0' Linder 01 the purchuer of
lno Property ond 'nail. .1 L.nd.... opllOn, ,,'h.. (a) poy . reasonoblo renllllo< tho use ollho Property, 0< (b) yacalelho Property Immedlllllly
upon Ihe demand ollendef.
Other R.med.... Linder shall ha..... all olher flghls and remedies pro'Aded in lhis Mortgage or lhe Nole or availlbkl allaw or In eqUity.
SaIl 0' Ih. Property. To Ihe Ixtenl pfHmllted by applicable law, Grantor hereby Watves any and all nohl to ha..... lhe property ~hallad. In
P81Clsmg Its flQnlS and remedies, L.nd.,. shall be free to sell all or any part of the Property togelhlt at separately, In on. sale 01 by separale
salas. Lender shall be ,nlllled 10 bid at any public sale on all or any portion 0' Ih8 Property.
Notle' of SaIl. Linder shall give Grantor reasonable nolic. 0' Iha lime and place of any public sale 0' lhe P.nonal Property or of lhellme aner
whM:h any po.....t. sale or other Inlended dIspOSItion 0' lhe PmonaJ Property IS to be made. Unless olherwlW required by IppllcabJe law,
reasonable nolk:8 shall mean nolK:e given at lelsllen (10) daY' belOllthe 11m, of the sale Of cbpOSlUon,
W.v.r: ElectJon 01 Remedle'. A waIver bV anv party or a breach 0' a provtSion 0' thIS Mortgage shall nol constitute I W.I.....,. of or preJudlcllhe
party'\ rtghts olhefwlW to demand strict compliance wllh Ihal provISion or anv Olher provtsion. ElecllOn by Lender 10 pursue any remedy aha>> not
axdude pursUit of any other remedy, and an ~echon 10 make eJ:pendllures Of take aroho" 10 perlOf'm an obl~lIon 0' Granlor under Ihis Mortgage
aftlf tailure 01 GrantOt 10 perform shall nol .affect Lend.'s nght to declare a default and e)lerclse Its remedies under lhis Mortgage.
Anorney.' Fee.: Expense,. If Lender inShlUltn any SUIt or acllon 10 enlorce any of the t9lms o'lhlS Pwlor1gage, Lender shall be entitled to rlCOIIIf'
such sum as Ihe COUlt may adludge reasonable as allorne~' 'ees, allnal and on any appeal. Whelh<< QI" nol any court action Is Invotved. all
reasonable expenses Incurred b.,. Lender Ihal In Lend.'s opinion ar8 necessary al any lime lOt lhe protection 0' its Intlfest or Ihe entQl"Clment 0'
Its f19nts shall become a pan of the Indebtedness payable on demand and shall bear Inlereslfrom lhe date 0' expenditure until repaid It the Nole
rale. Expenses co....ered by Ihls paragraph include, wllhoul hmllallon, howe....er subJ8Ct to any limlls und8f QPpllcablelaw, Lender's IltomeY" fees
and Lander's legal 8)lpenses whelher or not there is a law'Ult, Including altofneys' fees for bankruplcy proceedings (Includlflg sHorts 10 modify at
vacale any aulomalic slay or injunction). appeals and any anllClpaled posl-Juagmenl collecllon 58MCM, the cost of searching recOlds, obtaining
htle repam (includln<jJ loreclosure repor1s). sur'ley~' rep0l1s. and appraisal fees. and IIfte Insurance. 10 Ihe Y)llent permtned by apphcable liw.
Granlor also will pay any court costs. In addlllon 10 all olhar sums provIded by law.
NOTICES TO GRANTOR AND OTHER PARTIES. Unless olhOlWl,e proVld.d by opphcable low, .ny nollce und.. IhlS Mortgoge 'hall bo In wnting Rnd
shall be effech..... when aclually delivered or, It mailed, shall be deemed 911ecllve when depOSited in the United States mall first class. registered mall.
postage prepaid, directed 10 lhe addresses shown near Ihe b8QIOmng 01 IhlS Mortgage. Any party may change lis address tor notices under IhlS
Mortgage by gllllng formal wnlten nollce 10 Ihe other parties. SP8CI""lnq Inal Ihe purpose 01 Ihe nollce IS 10 change Ihe party's addrl5S. All eopNtS of
nollces of foreclosure tram Ine hwder or any hen which hQ$ pnonly o...or Inls M0I1gage shall be sent 10 LInder's address, as shown near the beginning
0' thIS Mortgage. FOl nollce purposes. GranlOt agrees 10 keep Lender Inlormed al all times at GrantOf'S currenl address.
MISCEllANEOUS PROVISIONS. The follOWing miscellaneous prOVISions are a par1 01 thiS MOftgage:
Am.ndments. This Mortgage, looeltler With any Relaled Oocumenls, constltules the enllre understanding and agreement of the par11es u 10 lhe
malters sel forth In Ihls MortgBge. No allerallon ot or amendment 10 Ihls Mongage shall be effecti....e unless given In wnting and ~"'d by lhe
party or parties SCUijhl to be charged Of bound by Ihe an~rahon or amandment.
Applicable U1w. This Mortll8l18 lias boOn d.Uyered to Lender Illd ecctpted by L.nde, In tho Commonwoalth 01 Ponnaylv..~, This
Mortll8l18 11I\8I1 be goyemed by end conslrued In eccordanc. wUh Ihe 1...0 01 the Commonwealth 0' Pennaylv..~.
CaptlOn He.slnga. Cap lion headiOQs In IhlS Mortgage are lor con....enlence purposes only and are nol 10 be used 10 Inlerpret or deftne Ihe
proVl~ons 0' IhtS Mor1gage.
Merger. There sha!! be no merger 0' the Inlerlril Of' estale created by Itus Mortgage With any olher Interest or estate In the Property at any bme
neld by or'Of Ihe benent of Lender to any capaCIty, wllhoullhe wrttten consent or Lend<<.
MulUpJe Per1le.. All obligations or Grantor under Ihis Mortgage shall be loint and H....lfal. and all r.ferences 10 Grantor sh!lll mean each and
8V8f'Y GranlOl'. ThiS means Ihat each ot thl p.,ons SlQnlng below IS respon$.lbl.. for ell obligations in Ihti Mortgage.
SevlrllbUlty. I' a court of competent lUrlSdlctton "ndS any prO~ISlon 01 Ihls Mortgage 10 be In....alid or unenforceabkl as 10 ant person or
CIrcumstance. such finding snail nol render thai prOl/l510n ,nvahd or unenforceable 8S 10 any olher persons or CIrcumstances. II t&asib~. any suct!
oHendlng prO....lSion s/'lall be deemed 10 bl mOdIfied 10 be 'NIlhln Ih. limits of entofceablllty or ~alidlty; howe....er, II the offending prol/lsion cannal be
so mochhed, It shall be stncken and all olher prOVISIons ollhls Mor1gage In all olher respects shall remain ~alid and enforceable.
Succesaors and A~gns. Sub loci 10 the IImltallons slaled In Ihls Mor1gag8 on transfer 0' Granier's Inloresl, IhlS Mor1gag. snall be binding upon
and lnur. 10 tn. oenelll ollhe partld'S. Ih8lr hews, p8f1onal reprssenlaIIVe5, successors and ass.gns. I' ownership ollhe Property becomes vested
In a parson olher Ihan Granlor. Lendar, 'Nllhoul nollce to Granlor. may deal WIlh Granlor's successors wllh reference 10 thiS Mortgage and the
Indeolsdn,"s b.,. wa.,. 01 tcroearance Cf' 8)ltenSlcn wllhoul releaslOg Grantor from the obligations of Ihls Mortgage or lIablhty under the
IndsOledness.
Tim. Is of the Essence. lime 1-:' clInt} essen,:e In Ihe peftormance 01 IhlS Morlgage.
Wal....'r' and ConMols. Lonf~tJr c~h,J11 1101 tu JoelT!od to na.,e 'N.Iried an.,. flghl'i under !hlS MolfQiJge lor undor the Relaled Oocumenl$l unless
SuCh will\oor l'i H1 hrl1lf'Q ;j(1(j .:"\f"t!'1 O'{ L8!1,-~.'r No rjel,rl or O(TW:'.~iOf1 on Ihe paf1 01 lender In 6.llerCI$JnQ ar'Y nghl shaU opera Ie as a waiver 01
.~
~ ,
-
-
-
.;;
-
-
~
...
MORTGAGE
(Continued)
Page 8
lucn flQhf or any olhet light. A waiver by any party 01 . proVtsion 01 this Mortoa~8 Shall nol constllutl I walller of Of' preJudICe lhe party's nohl
. ott'4lwlH 10 demand slnet compliance with Ihat prOVIsion or any olher provtsion. No pnor WiNer by Lender, nor any cau,.". of dMltng between
Linder Ind Grantor, shall conslltut. . WiIVet' ot any of Lander', fights Of any at Granlor's obhoallons as 10 any lulur. lransactions. Wt\e"...,.,
cOOHnt by lender it requited In "," Moogage. Ihe grantll1Q of such conHnt by lander In an~. lflslAnce shaN not CiJnslltutl conhnUlng consent 10
subsequent Instances wn.. such consenlls reQuU'ed.
eXHIBIT A. An phtbll, fllled 1:xh'b,1 A." IS anocned 10 In,. MO<1gag. Ind by IhlS refer"""" IS made . port ollhlS Mortgoge jusl .. " IU lho prOtMlOM,
terms and conditions of the E:.hlbll had been fully sellor1h In It'IS Mortgage.
EACH GRANTOR ACKNOWLEDGES HAVING READ AU. THE PROVISIONS OF THIS MORTGAGE, AND I!ACH GRANTOR AGREI!S TO ITS
TERMS. L
GRANTORI) . .
X !J.1t4l.1t'.-41
Richard D. ,.....
(lII!AI.)
x Y1~ ~
~AIln ..
llII!AI.I
:gned, ~nthe pre..nceol:
X Wll.....~
Wll.....
CERTIFICATE OF RESIDENCE
I noreby C8f1IIy, lhotlhe p,eclse Iddr81S oIlho mortgaQllO, FIt11l... Trua' Company, _n IS as loIIows'
One Will HIgh SI,.." CMUOIe, PA 17013
AlIan,y CI" ....glnl for MCI'lglOU
El:t.ard E. Moo, esq.
INDIVIDUAL ACKNOWLEDGMENT
STATE OF
Pennsylvania
I
)..
I
nod Notary Public, pll5onolly appeared Richard D, Sherm... llIld MaIy AIln Sherm.., 10 me known 10 be lho
..ecul8d lho MO<1gege, ond ocknowledged Ihollhey signed 1118 Mortgege .. lhei, ~.. .nd voluntary lCl.nd deed,
n menUoned.
COUNTY OF
UJJberland
On IhlS deY belor. me, tho un
tndividuoJ. _ad In .nd w
for I". uses ond purposes I
Glven"'my _
/
I:'a:DTber
,1' 92
day 01
R.sldlng rl
By
My commlaalon exptres
LA$fA PRo, R.g. v.s. Ptl. , TM. 0".. II.. 11.lCt1882 CFI B.ank.. StlVIU Group. Inc. AUnQ"" rn<<'l.d.IPA-G03 SHERMRD,L.N RU.DIILI
,,,"
I, J
t~..a-"''''', -.
l:ynII'iaLr:'T.i:~'YF\tlC
5rlI;'11 ~1iiJ:':,,"T\"), C'~t':~'"<lo.~
1.Ii CWli1"''''' Elq:iI&3 ,~I
"
.
,.
OJ:
. I ~ :..~, %
. . .....
~I . . ~ i l '. <>' (, t
. t \~ '0::':." ,,' \\~.."
. I' l ~ ... ......
.....'-'
~oad fWJ~:.~U35
EXHIBIT A
L.oanDN
Acc:oI.Int
and do nollmll IllI
01 "'*' document 10 .n
Borrower: AIcIWd D.__
....,--
~ _ I.....
c.tIaIe.'A 11013
u*r: ,....... T..... c:-paoy
-~
OM Weal IIQ/I sn.I
~.'A 1101:1
TlltlI b111b1l A .. __ to .... ~ ....,.,.,_ .. _ . '*' 01 _ Deed 01 T..... ,. IIoI1l1"l18. deloc1 -- 24. 1tn. .... ..-.locI
In _lion _ . -. 01 _ -.cIlII ___ __ ,..-. T..... ~ .... AIcIWd O. ......-. .... Mrt -
1/lomWl.
ALL that certain tract of land situate in South Middleton
Township, Cumber land County, pennsylvania, and appearing as Lot
No. 1 on the Final Subdivision Plan for Rillo's of Carlisle as
recorded in Cumberland County Plan Book , Page , and
being more particularly bounded and described in accordance with
said subdivision as follows:
BEGINNING at an iron pin along the right-of-way for Beech Street,
thence along the said Beech Street South 50 degrees 45 minutes 00
seconds East 126.00 feet to an i~on pin, thence along the
remainder portion of the aforementioned subdivision South 39
degrees 15 minutes 00 seconds West 160.00 feet to an iron pin,
thence continuing along the remainder portion of the
aforementioned subdivision North 50 degrees 45 minutes 00 seconds
West 126.00 feet to an iron pinl thence continuing along the
remainder portion of the aforementioned subdivision North 39
degrees 15 minutes 00 seconds East 160.00 feet to an iron pin, the
Place of BEGINNING.
HAVING thereon erected a dwelling known and numbered as 40 Beech
Street, Carlisle, pennsylvania.
BEING a portion of the same premises which Nicholas A. Rillo and
Joseph A. Rillo, Jr., by deed dated March 30, 1990 and recorded in
Cumberland County Deed Book "M", Volume 34, Page 1150, granted and
conveyed unto Rillo's of Carlisle, Grantor herein.
.. ..._ ~ to _.
'.. .,........ \-..
~ '~
'. .;. .,
~ ' \. .
. "
.
THIS !XI1IalT A II Dl!CUTUl ell! DECUIBER 24. 11n.
-;;~r,~,'l~~. ,,~_o_,,"'~o' .....
X ,~..... f "'0' . .
_d D. / (I!ALI
LEHDER:
,."".,. TN" Cotnpany
Iy: /'1_#/ ('-
Aulhoflad 0IIIt:er
.-/
~.
. .... . .'~ r
. ... .."
.1 . ,...- : ,... .,
..... .. (',- ..
- "....--....
, ..... ..,..:'-.'.;~-~~
It '..'.... ,. -)l. t'......
I. "=:"I'\.~ ~-
. ,. .,........~~.~
. '.. ;,,': ler It>., ,neo,ding aT C" ..-: :
.. :. ,.,,'. rlonl1 County, PI\,
. /l.d$" ~ :=......,~ ~
',1\':' .~ ..alnfotflc8 "
. ..-
.
, .
h;'~1 11 n~) . '. ; 113t
R
o<',AC~
R :-';OfC,-}r
<, .....~/. 'f ~
T~
L"SiRPRO. RIg. u.a. "'1.1 T.... 011., V..11'!CJ 1_ CFII.......s.vtc. OtOUD.IrC. ""rlghl."......
PROMISSORY NOTE
Principal Maturity Loan No
$65.000.00 1 -". 92 12-2.~~!7
Refereoces In the shaded alAI art 10( L8nder'~ u~. ani
Account
InlUalI
Borrower: Rleh.d D. Sh"m.,
M-v Ann Sh"mlll
40 /leech SI,o.1
Carll"', PA 11013
Lender: FormtIro Trull COlhplllY
~n omeo
0nI Wool Hlgll Slr"1
Carll.... PA 11013
Principal Amount: $65.000.00 Date of Note: December 24,1992
PROMISE TO PAY, I ",om'lI 10 pay 10 Formorl Trull C4mpony ("L.ndOr"), ot otclOr. In lowful mon.y 01 Ih. URlled Sill.. 01 Amlflcl. Ih.
p"nelptll omounl 01 Silly Fl.. Thou_d' 00/100 DoII.I tMI,ooo.OOI, logelhor wllh Inl"ool on 1111 unpMI pt1nelptll _0 from DIcOmllOr
24, 119"2. unlll paid In lull. Tholnl"..I rol. will nollner_abo.o 10.000",
PAYMENT. Sul>jecllo ony paym.nl chlllgeo ,..ulfong from Changeoln Ih. Ind'l, I will pay IhlO I.,." In oceordonco with th.followlng paymlnl
schodulO:
31 con...utl.. monlhly prlnel.,. ond Intorolt paymont. 01 <<80.M each. blglnnlng January 24. 1ll93, with Int".oI
cak:ulaled on Ih. unpold prtnelpal ""lane., .1 III Inl'''oI ralo 01 7.750" pot IIInum; ond 264 con_utl.o monthly prlnelpal
end Inlo"oI paymonl. In Il1Ilnlllll amounl 01 1458.14 .acn, blglnnlng Jllluory 2., 1991, wllh Inl".oI coleu..led on tho
unll'lid principal DIIonc.. .1 on Inlo"'t rolo 01 3.110O potCIRllgo polnto 0'" tl1llnd.. d.ocrlbed blloW. loly"1III paymenl
will bI duo on Decom""r 24, 2017 IIId will bI lot III prine'.,. ond accrued Inloroll not yot paid. togel"" wllh lilY olh"
unJ*d M11ount. under Ihlt Nol..
tnterest on thIS Nole 15 computed on a 30/360 simple inlerest baSIS; thalls, with the Bxceptlon or odd day! in the tint payment paned. monthly int....st
IS calculated by applying the raUo 01 the annual,nlarssl fale over II year 01 360 days, times the outstandIng prIncipal balance, limes a monlh of 30 days.
Inl&fesl lOf the odd days is calculated on the baSIS of lhe actual days 10 the next lull month and a 360-day year, I will pay Linder al Lender's addrIU
shown above or al such other place as Linder may de'Slgnale In wntlnij. Unless otherwise agreed or required bV applicable law, payments will be
applied flBt to accrued unpaId lnleresl. then to p1nclpal. and any remaining amounllo any unpaid collecllon costs snd late charges.
VARJASlE INTEREST RATE. Thelnletesl rale on this Note IS SUbJ9Cllo chang9 tram lime 10 lime based on changes in an Index which is the Monthly
al/9t'age 0' weekly average auction rates on UnIted Stales Treasury Bills wIlh a mahmty at sue m~nths. (Ihe 'ndex"), Your interest rale wIN not increase
Of decrease If a change In Ihe Index IS less Ihan ane-quar18f' percentage p0101 on any change dale. Lander wllllall me the CUfTBnllndax rate upon my
request I understand thai Lender may make loans based on olher ratBS as well. The Inlarest rale change Will not occur more otten Ihan 88ch year.
Th. Indol cunonlly I. 3.350" por onnum. Tho Inlerl" ralo or '11'1 10 bI applied to Ihe unpaid prlnel.,. DIIoneo 01 Ihl. Nolo will blll1I rile
or ralao II' Iof1h 01>0'0 In Ihe "Paymenl" IICllon. NolWllh'londlng II1Y other pro.,slnn 01 Ihll Nol., tho vlll1llllo Inlareol rate ot r.l..
provided for In Ihl. Hot. will be SUbJect to the following maximum rail. NOTICE: Under no circumstances WIll the Inlerest rate on Ihis Nole be
more lhan the lesser 0' 10.000% per annum or the maxImum rale allowed by applicable law. Notwllhslandlng Ihe above provtsions, the maximum
Incresse or decrease .n Iha Inlaresl tale at anv one lime on Ihls loan Will nol exceed 2.000 percenlage pOlnls, Unllu watved by Lende" illY
Incr"... In the inlerest rate wllllncrel" Ihe amounls of my P8Yments.
PREP~YMeNT. I agreelhat all loan lees and other prepaId Rnance charges are earned fully as 01 Ihe dale of the loan and will not be sub}ecllo refund
upon eariy payment (whelher vOlunlary or as a result of defaul1l, except as olherwise required by law, Except for the foregoing, I may pay wllhoul
penalty all or a portian 0' the amount owed earlier than It is dUB. Early payments Will not. unless agreed to by Lander In wnlino. rellevl me 0' mv
obligaUon to continue 10 make payments under Ihe ps,/ment schedule. Rather. they Will reduce Ihs princIpal balance due and mav result In my making
fewer payments.
LATE CHARGE. If. paymenlls 15 day. or morolate, I Will be ch.rged 5.000" 01 IhO rogul.,ly ochodulad payment.
OEFALLT. I WIll be in defaull" any of Ihe follOWing happen$: {ill I lall 10 make Bny paymenl when due, (b) I break any promise I have made 10
Lender, or I 'all 10 pe.rlorm prompUy althe time and $1(\CIlV 10 the manner proVlded in Ihis Note or any agreement related 10 this Note, or In anv other
agreement or loan I have Wllh l.endor, (C) Any representation or slalement made or furnished 10 Lender by me or on my behallls false or mtslaading in
a.ny malenal r9SP'iCt. (d) I die or become insolvenl, a rec&lver IS appoinled for any part of mv property, I make an aSSlgnment fUllhe benefit at
credItors, or any proceeding 15 commented either by me or against me under any bankruplcy or insolvency laws, (e) AnV credilor tries to tak. any of
my property on or In which Lender has a lien or secunty Interest. ThIS Includes a garmshmenl of snv 0' my accounls With Lender. (f) Any of the
evenls descnbed in Ihls default section occurs With respect 10 any guaranlor of thiS Note.
LENDER'S RIGHTS. Upon default, Lender may decla's Ihe ynllre unpaid pnnclpal balance on IhiS Nole and all accrued unpaid inlerest immediately
due. wllhout notice. and then I WIll pay thai amounl. Lender may ture or pay someone else to help collectlhis Note I' I do not pay. I also WIll pav
Lender fj'af amount. ThiS InCludes, subject 10 any Umlls under applicable law, Lender's attorneys' lees and Lender's legal expenses whelher or nol
there is a laWSUit, InclUdIng attorneys' foos and legal expenses 'or bankruplcy proceedings (Including eHorts 10 modity or vacate any aulomatiC stay or
InJunction), appeals. and any antiCloated post-judgment colleclJon servIces. II nol prohibited by applicable law, I al50 will pay anv court costs, In
adeJltion 10 all 011'181 sums prOl/lded b't IQw. If judgment 1$ entered In connection With this Nole, inlerest will continue 10 accrue on lhis Nole aner
ludgmenl al Ihe IOtere51 rala applicable 10 ltlls Nols al Ihe lime judgment IS enlered. This Hole has been delivered 10 lende, and lCe,pted by
Lender In the Commonwealth of Pennsylvania. If ther. Is I lawsuit, I agree upon Lender's requlsllo submit to Ihelurlsdlctlon 0' Ihe courts 0'
Cumbl,llI1d Counly. Iho Commonwealth 01 Pennsyl.II1I.. Thl. Nole shall bI govamad by II1d con.lruad In accordll1" with Ih. IaWI 01 Iha
Commonwealth of Pennsylvania.
RIGHT OF SETOFF, I gran I to Lender a contractual possessory secunty lnloteslln. and hereby assIgn. convey, deliver, pledge, and transfer 10 Lender
.Ill my rlghl. IHIe and Intef8s1 In and 10. my a.ccounl5 With Londer (whelhel checking, sa~lngs, or some olher accounl), mcludlng wllhoullimilalion all
accounts hald JOIntly WIth !oomeone el!.8 and all accounts I may open In lhe luture, eXCluding however aU IRA, Keogh. and !rust accounts. I aulhonze
Lender, to Ihe extent permItted by apphcablelaw, 10 c/"Iarge Of soloff all sums owing on Il'lIs Note against any and all such accounts.
COlLATERAL. ThiS Nole IS secured by a Mortgage daled Docem~er 24. 1992. 10 lender on real property located in Cumberland County,
Commonwealth of Penns,/lvSnl8, alllhe terms by Incorporated and made a part of this Nole.
EXHIBIT
J~__
..,,-...........-.....
TUI8 DEED
MADZ THE
our Lord one
~,,~
thouund
year of
day of 0 ~ r'N! ,,~ r in the
nine hundred ninety-two (1992).
BETWEEN
NICIIDLAS A. IIlLLD and JOSEPH A. RILLO, JR.. partnel'l,
trading aa RILLO'S OP CARLISLE, of 50 pine Street,
Carli.le, Cumberland County, Pennaylvania, hereinafter
(Grantol'l)
and RICHARD D. SHERMAN and MARY ANN SHERMAN, huaband and
wife, of Suuth Middleton Townahip, Cumberland County,
P8nnaylvania, heruinafter
(Grantees)
WITNESSETH, that in consideration of Sixty-five Thouland and
00/100 ($65,OOO.001---------------------------------------DOllarl,
in hand paid, the recaipt whereof i. hereby acknowledgad, the said
grantor I do her..by grant and convey to the laid grant...., their
heirl and alligns as tenants by the ..ntireties.
ALL that certain tract of land situate in South Middleton
Township, Cumber land County, pennsylvania, and appearing liS Lot
No.1 on the Final Subdivioion plan for Rilla's of CarlisI.. ae
reoorded in Cumberland County pllln Book ,,5'" ,page <18 , and
being more particularly bounded and described in accordance with
said subdivision as followe.
BEGINNING at an iron pin along the right-of-way for Beech Street I
thence along the said Beech Street South 50 degrees 45 minutes 00
lecondl East 126.00 feet to an iron pinl thenca along the
remainder portion of the aforementioned subdiviaion South 39
degreea i5 minutes 00 seconds Wsst 160.00 feet to an iron pinl
thence continuing along the remainder portion of the
afor..mentioned subdivision North SO degreee 45 minutss DO seconde
Welt 126.00 feet to an iron pinl thence continuing along the
remainder portion of the aforementioned subdivision North 39
d..grees IS minutes 00 seconds East 160.DO feet to an iron pin, the
Place of BEGINNING.
HAVING thereon erected a dwelling known and numbered as 40 Bssch
Strset, Carlisle, pennsylvania.
BEING a portion of the same premises which Nicholas A. Rilla and
J~,eph A. Rilla, Jr., by deed dated March 30, 199D end recorded in
Cumberland County Deed Book "M", Volume J4. Page 1150, granted ..nd
conveyed unto Rilla's of Carlisle, Grantor herein.
6OQ~B 36 IAt( 185
EXHIBIT
I (l~
H.hn Sh..n" o....d ".aiding in the "uidence know", .nd nUI.bued
.. 40 suoh Stn.t, C."lbl., p.nne\'lv.ni. on 0" .bout ....t..., I, ,ff.
th.rally .xtingubhing the life .etat. granted to h." und.r the
t."ms of the Will of Roy W. She."e".
.
lD
N
.0
. ..,
n
'1'3
-"
..~
;1='
'~
... COMMQWIEAllH Or PEHII,YLVMlIA :-:
:: ~::::IMr.Nr .Of ~~i~~r.~-'''-\N
:: l~~'i:i~tlofcz,'tz ~?;J 65 n 0 0 ~.~
~ RC,IIJII') '-'-"'~""'~ -
Co...
r. ~
:i: ;a :r1
tll~C"1
rll&,."L,;'
;:J:.ur::
!: ~:,
~:j :n :
0(')1'"
l;)"" -.
C Co p~
~ I"l~:
.....",,1\
--;'f.::"1
-0
,.
AND the said grantors hereby covenant .nd agree th~t they
will warr.nt speci.lly the property hereby conveyed.
~i P 36 PAtE 186
-
~.
[ do hereby cortHy that the precise residence end aomplete
po.t otfiae oddu" at the within named 9unteeo ie 40 Beoah
Street, Corli.le, pennsylvania 11013. _ ~ .
1>/1'/ ,1992 ~
Attorney tor (.; ~.
~.vt~ lt1;lJ ~ I.
row..hlp of 1
Cumbo Co.. P'.
~'16 RII' 11I1,.1IIn.,.,1III
o'li~.;j'1 fl../unt. "3 J.. \"'O!!
Robert P. Z111111t
Cunlb. Co. Dill. C<l/. AaL
S,,,I-/ PJ..IJI e-f."
School Dill Cumbo eo.. Po.
_ RI.IIIIII.1tan.I.1III
.. -
DI..' "'~'1~/".. ./.l~~ tJk
RollOItII Z11111.
tu..... Co. Dill. Col. AaL
COMMONWEALTH OF PENNSYLVANIA
County of ~
Recorlle~_an thia ')..U deyof ~
A.D. 19P in the Recorder'S ottice of Llle
ssid co~n~y!. in Deed Baok Vol. r, I ~ '
Page ...,.
Given under my hand and the seal of the said
office, the data above written.
sa.
........."..
. ."<rlE.Il'{ ....
.... ..:'" ........ "" .~.' I
fL" (,' . __ -.'."',, ",.' ,
~ 4.J /"_ . ,"""...J:iJ('':) ",
~ It".. . ~ .~~~'f'~~' '0'
I~ ." . I ,'1 ~~. -. '~:. f.,\ j 1. '~'i'''
. It,! '~' .... ,.
t, :.... .6 ...
I, ., ..J I " t... ~ . ' , " ~
'. ' ".,'" Ii ,.' ,1\~1'. ,,~~,
1l./ . ~"'-';':'-: . !To'. '''' .
',,(;,. :.i~..'~.-,"ii}~':".t
'~""'" ~....' .:.'
, "', ~- . ..'f..... viii.".
. '. o?LM10...
",. ....
~.,......"..,
I
~~r~
, Recorder.
WdKl1 36 PAt( 188
-
NOTICE OF INTENTION TO FORECLOSE MORTGAGE
ra
~
DatI! of Nolleu
...,
Loan No.
1000 'CfL1J..
The MORTGAGE held by~.L._:_ _____"h c. , .
(hereinafter we, us or ours) on your property located at ____._._h_._~...:....~~_L_.
IS IN SERIOUS DEFAULT because you have not made the monthly payments of S
for the months of ' i' , . , and ' .
and/or because
Late charges and other charges have also accrued to this date in the amount of ,-.,.. . The total
amount now required to cure this default, or in other words, get caught up in YDur payments, as of the date of this
leller, is 5 .. .
You may cure this default within THIRTY (30) DA YS of the date of this lerter, by paying to us the above amount
of S -Lh___~___' plus any additional monthly payments and late charge which may fall due during this
peflod. Such payment must be made either by cash, cashier's.check, cer~ified c~eck or money order, and made at
:. ,__ .:..1.,,1....., J., , ". 1:1.. ,t., '....1L-__.l~.l~, .. ,.,' ~ .
If you do not cure the default within THIRTY (30) DAYS, we intend to exercise our right to accelerate the
mortgage payments. This means that whatever is owing on the original amount borrDwed will be considered due
immediately and you may lose the chance to pay Dff the original mortgage in monthly installments. If full payment of
the amount of default is not made within THIRTY (3D) DAYS, we also intend to instruct our attomeys to start a
lawsuit to foreclose your mortgaged property. If the mortgage is foreclosed your mortgaged property will be sold by
the Sheriff to payoff the mortgage debt. If we refer YDur case to our attDrneys, but you cure the default before they
begin legal proceedings against you, '{oU will still have to pay the reasonable attorney's fees, actually incurred, up to
550.00. However, if legal proceedings are started against you, you will have to pay the reasonable attorney's fees even
if they are over 550.00. Any attDrney's fees will be added to whatever you owe us, which may also include our
reasonable costs. If you cure the default within the thirty day period, you will not be required to pay attorney's fees.
We may also sue you personally fDr the unpaid principal balance and all other sums due under the mortgage.
If you have nor cured the default within the thirty day period and foreclosure proceedings have begun, you still
have the right to cure the default and prevent the sale at any time up to one hour before the Sheriff's foreclosure sale.
You may do so by paying the total amount of the unpaid monthly payments plus any late or other charges then due,
as well as the reasonable attorney's fees and costs connected with the foreclosure sale and perform any other require.
ments under the mortgage. It is estimated that the earliest date that such a Sheriff's sale cDuld be held would be
approximately ;.l. I"'. A notice Df the date of the Sheriff sale will be sent to YDU before the sale. Of course,
the amount needed tD cure the default will increase the IDnger YDU wait. You n'lay find \Jut at any time exactly what
the required payment will be by calling us at the follDwing number: .": - -. - . This payment must be in cash,
cashier's check, certified check or money order and made payable to us at the address stated abDve.
You should realize that a Sheriff's sale will end your ownership of the mortgaged property and your right to remain
in it. If you continue to live in the property after the Sheriff's sale, a lawsuit cDuld be started to evict you.
You have additional rrghts to help protect your interest in the p,-operty. YOU HAVE THE RIGHT TO SELL THE
PROPERTY TO OBTAIN MONEY TO PAY OFF THE MORTGAGE DEBT, OR TO BORROW MONEY FROM
ANOTHER LENDING INSTITUTION TO PAY OFF THIS DEBT. YOU MAY HAVE THE RIGHT TO SELL OR
TRANSFER THE PROPERTY SUBJECT TO THE MORTGAGE TO A BUYER OR TRANSFEREE WHO WILL
ASSUME THE MORTGAGE DEBT, LL THE OUTSTANDING PAYMENTS, CHARGES AND
ATTORNEY'S FEES AND COSTS A EXHIBIT AT THE SALE, AND THAT THE OTHER REQUIRE.
MENTS UNDER THE MORTGAGE I ~I ACT US TO DETERMINE UNDER WHAT CIRCUM.
STANCES THIS RIGHT MIGHT EX .!) IGHT TO HAVE THIS DEFAULT CURED BY ANY
THIRD PARTY ACTING ON YOU THE RIGHT TO ASSERT IN THE FORECLOSURE
PROCEEDINGS THE NON EXIST OR ANY OTHER DEFENSE YOU MAY HAVE TO
ACCELERATION OR FORECLOSURE.
If you ClJre the default. the mortgage Ivill be resrofl!rI to the same position as if no default had occurred. However
you Jre not entitled to this rl{Jht to cure your defJult man! than three times in any calendar year. '
El'I__.__~_
~... ,;,',
..j'M....'
NOTICE OF INTENTION TO FORECLOSE MORTGAGE
TO _:_ :
D.HIJ of NUllO!
Loan No.1,
The MORTGAGE held by _~~_,_~..~~._______~___u._u.____.._.___..
(hereinafter we, us or ours) on your property located at ~_....u.. _. .:.'uu. ..uL- -. .,
IS IN SERIOUS DEFAUL T ~ec~Lf~ you have not made th~mon,thlrpilyments of $
for the months of . ". . , .. .. . and .,
and lor because
Late cl1arges and other charges have also accrued to this date in the amount of ':: :- . The total
amount no",,! required to cure this default, or in other words, get caught up in your payments, as of the date of this
letter, is $ "I., i,
Vou may cure this default within THIRTY (30) DA YS of the date of this letter, by paying to us the above amount
of S ,Ii,. . , plus any additional monthly payments and late charge which may fall due during this
period. Such payment must I;le mad~ eitherby cash, cashier's check, certified check or mDney order, and made at
:".:',,1 j' ~!",:,:,.',~ ,_'., ; '. :1.:" _:..: "~pl....:._.... , ~'_'\ :-;~,1. .
If you do not cure the default within THIRTY (30) DAYS, we intend to exercise our right to accelerate the
mortgage paymants. This means that whatever is owing on the original amount borrowed will be considered due
immediately and you may lose the chance to payoff the original mortgage in monthly installments, I f full payment of
the amount of default is not made within THIRTY (30) DAYS, we also intend to instruct our attorneys to start a
lawsuit to foroclose your mortgaged property. If the mortgage is foreclosed your mortgaged property will be sold by
the Sheriff to payoff the mortgage debt. If we refer your case to our attDrneys, but YDU cure the default before they
begin legal proceedings against YDU, you will still have to pay the reasonable attorney's fees, actually incurred, up to
$50.00. However, if legal proceedings are started against you, you will have to pay the reasonable attorney's fees even
if they are over $50,00, Any attorney's fees will be added to whatever you owe us, which may also include our
reasDnable CDStS. 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 mDrtgage.
If you have not cured the default within the thirty day period and foreclosure proceedings have begun, you still
have the right to cure the default and prevent the sale at any time up to one hour before the Sheriff's foreclosure sale.
You may do so by paying the total amount of the unpaid monthly payments plus any late or other charges then due,
as well as the reasonable attorney's fees and costs connected with the foreclosure sale and perform any other require-
ments under the mortgage. It is estimated that the earliest date that such a Sheriff's sale could be held would be
approximately.....:::..::..;'. 1 "~l . A notice of the date of the Sheriff sale will be sent to you before the sale. Of course,
the amount needed to cure the default will increase the longer you wait. YDU may find out at any time exactly what
the required payment will be by calling us at the following number: -, - -: ~ ;.: . This payment must be in cash,
cashier's check, certified check or money order and made payable to us at the address stated above.
You should realize that a Sheriff's sale will end your ownership of the mortgaged property and your right to remain
in it. I f you continue to live in the property after the Sheriff's sale, a lawsuit CDuld be started to evict you.
YDU have additional rrghts to help protect your interest in the prDperty. YOU HAVE THE RIGHT TO SELL THE
PROPERTY TO OBTAIN MONEY TO PAY OFF THE MORTGAGE DEBT, OR TO BORROW MONEY FROM
ANOTHER LENDING INSTITUTION TO PAY OFF THIS DEBT. YOU MAY HAVE THE RIGHT TO SELL OR
TRANSFER THE PROPERTY SUBJECT TO THE MORTGAGE TO A BUYER OR TRANSFEREE WHO WILL
ASSUME THE MORTGAGE DEBT, PROVIDED THAT ALL THE OUTSTANDING PAYMENTS, CHARGES AND
ATTORNEY'S FEES AND COSTS R AT THE SALE, AND THAT THE OTHER REQUIRE.
MENTS UNDER THE MORTGAG EXHIBIT TACT US TO DETERMINE UNDER WHAT CIRCUM.
STANCES THIS RIGHT MIGHT E J RIGHT TO HAVE THIS DEFAULT CURED BY ANY
THIRD PARTY ACTING ON YO /::- E THE RIGHT TO ASSERT IN THE FORECLOSURE
PROCEEDINGS THE NON.EXIS G OR ANY OTHER DEFENSE YOU MAY HAVE TO
ACCELERATION OR FORECLO
If you ClJre rhe defaulr. rhe mOrlgage will be rescored (0 rhe same position as if no default Ilad occurred. However,
you are not entitled to this right to cure YOllr default more than three times in any calendar year.
l
...'"
I'll i il f'o. ,", 1l.1 I.~"'"
By _"___: . _:. __ .
fnd C,)mmonwe.Jllh QI PennS'l'I~..In,a' S H\)mIlOWn~H"
....Qf~1
II '/,lU [11!~lJ ;Y'Il)fli ,nIOlm.1110n call In. PlJnnsylvJnlil Hous,ng rlJ1dnCIIA.\,jI)r1CY JI I (dOOI J~2-2J9/
L..I l1otiln.:JC,QI1 iff! ,jll/ul1to In de lurTh) lIflp<JtldI1CIJ. lJUl!S .Jlect,11U dIJluChl) .1 conllnuar v,vllHhJU un '1U c.):'!.<l SI no complflntllt el CQllhlnldo lll! l!51d nolihCJClon oOhllll},} und
II..IoJl.<:<:IUfl Jfllmtldi,U.lrnarltiJ 11..1mo1ntJ<ll!3r.J ,h:l~I1CIJ iP,mnStlv,llll.t HO\JSHh] F,11Jnca.\11flflCYI Sin C..II(joS..1I nurntjfl} rnenCIOf1JlJl) .Jtllb" PUt!lJfll sur tjlttijlblO pilr.] un pllularno
pur oj! pm\ifdm..l 11,III1..1'}o 'Homeowners Erntlr\]6nC, MOflq..lqa ASSISld/lCd Prouram-1l1 C\Jal pUUlltt !\.ttv." ~u c"s,) de t.tporlJlJa lJol dBr*,cho.. leOIl"lt su 11Ipolecot
ACT 91 NOTICE
UK& ACTION TO '.AVE YOUR HOMI MOM FOR&ClOSURI
EmullJunc'i' MOrlIJ<llJeA:UlsI"11CtJ PruQI..un m,l'{ Ud ..mhJ II) ntllp ylllJ
RlhJlJ illS tolhlWI/11J nollce to hneJ oul how 1118 plOQt;tm
AE Accounl No
ACT 91 NOTICE
IMPORTANT, NOTlCI Of HOMIOWNERS' IMIROENCY MORTOAOI ASSISTANCI PROORAM.
PLEASE READ THIS NOTICI.
YOU MAY BI ELIOIBLE fOR fiNANCIAL ASSISTANCE WHICH CAN SAVE
YOUR HOME fROM fORECLOSURI AND HILP YOU MAU fUTURI MORTOAOI PA YWINTS
1 (~fl C ~ 4 1 :i Odl.: 10 I} "'; 1(\ t;
r~. '.?\ rr'
fO' ...l...I-. ,.
FROM: ::'tr.,~I".
~
u.
51':.1: rnZln, .../;
I ~'t'r.TJ r ,','
~: '__: ~:'C ~-\
:::t. ,
C4-, 1" 1 i s It-; ,
P'
.,
1 "7 G 1 ~
'.. "
,t.
You may b. eligible for rln,nelll ..alatancl Ihal will pr.vlnt foreclo,ure on your mortglU. II you comply wUh thl provlllon. 0' the Homeowner.' Emlrglncy
Mongag. AI.lllanet Act or ti8J llhl "Act"). You maybe ':lglbll tor .mlrglney lemporary a..llllncl I' your derault ha' bll" clulld by clrcum,tanc" beyond
yourconlrol, you han. r...onlble prolp.et at r..ummg your mortg.g. p.lVmlnlt, .nd If you me.t Olhl' IlIglblllty requirement. tll.bU,hed by th. P.nn.ylv.nIG
Houllr.g Finance Aglncy. Pl.... rlld all 0' thl, NoUc., II cont.ln, an I. planation 0' your righll.
Undel lhe .Acl. yOU ara enUlIad 10 a temporary 'lay olloraclosure on your mortgage lor thlrly (30l days Irom 1M dale 0111'111 NOllce, OUrlng Ihalllme yOU musl arrange and
all8nd a 'lace-lo-lllce' meetlnlJ With a reprasenlall'le 01 InlS lendor, or w,th a deSignated cunsumet credit counseltng agency. The purpose of Ihll meeung Islo anemplto work
oul a repaymenl plan, or 10 olherwlse sellht your delinquency. ThiS meellng musl occur In Iho ne:tllhlrty (30) days.
If you allend a lace-Io.lace mltltllOl) ....,llh IhlS lendur. or wllh J con,umer creOl1 counseling agency Idenhtlsd In thIS nOllce, no furth,r proceeding In mortgage loreclosuro may
lake pldcelor Ihlrly (30) days allet me dale 01lnl5 meelrng.
The name, address and lelephone number 01 our represenlatlve IS:
Jec:, \/. Hl:thr::1St>n
1 ~.,. BlOt. Stl.-eet:
C~\i:'l..:..slt:, Pl, 1....f);.,
:43-3211.
Telephone Number
The name!s}. address(ltS), and phone numbers 01 tal deSIgnated consumer credll counseling agency(ies)IS la.rel:
'i~iL.:;\
j(,; 1 \.J.Si:lf::-t:t
~:Ar...~sl~, PA
17013
11 I' only necessary to SChedul. onelace-to-Iac8 me8lmg. You should advllBlhts lender Immedlalely 01 you' Inlenlians_
Your mOr1gage is In delault ~ect~lo.u D'fjelBlIed 10 pay promptly Inslallments 01 pllnelpal and mle,851, as requlted, lOt a penOd 01 atlealllllly (60) day,. Thelolal amounl
of Ihe..dellnque!1E~ Ia,S ' . That sum Ipclud8S lf18 follOWing:
J ~n:.H"',-n.l'/ ;)(1Vlr,ent3 Lit: ~tll'J.'}b \~"H.:n ;:';:'lr n\1CU!jC llJt"15, 5t;: te~lb€'r lCJS~~,a:HJ
Jete j~r 1'-:'':'::'' :l sc... Uit'_~ l:Ldl":f_',:.i ~ntt. H.' amount tr S.jo. ~ 2.
Your mortgage 131 al3i0 In delaulllor the followlOg reasons:
II you nave Irled and are unablu 10 tesolve Ihls problem al or allet yOUt lace.to.lace maeltng, you have Ihe tlQhl 10 applv tor linancial aSlllstance lrom Ihe Homeowners'
Ernmgency Mortgage Asslslance Fund, In otdor 10 do Ihi" you must IiU Oul, Sign and hie a completed Homeownets' Emergency ASluslanCe Apphcauon Wllh one ollM
deSignated consumer cradll counseling agencies Ilsled m Ihe allachmenl. An appllcallon lor aSSlslance may only be oblamed trom a consumer credIt counseling agency. The
consumer credit counselrng agency will assist you In 1IIIIng oul your application and Will SUbm11 your completed apphcallon 10 Ihe Pennsylvama HOUSing FinanceAgency. You'
;Jpplu::allon musl be Illed 01 poslmarkad, wllhlO Ihel1y 130J days 01 your lace.lo.IJca meelmg
It IS tlttremel'llmportiJnt that you fl/8 your appltCillion prompuv If you do not do :SQ. ot If you lJo not follow tho omsr tlffle /JdrlOO5 se/forth In Ihls lettffr, foreClosure may prOCd8d
.JgJ/Il51~'our nome Immodlalu/y
AIt<l,lablo !und~ 101 I!margency mOrlgaqo assistance are Itcry Ilmlled They Will be (JI~blJISed by Iha Agency under the ellglbllllv crltena established by Ihe Acl.
II 's e~l(ell1el'{ ImpOfl..1fH rhal 'lour JppllCallon be - 1.' n(" m Il'lp' ,,, 1'''l'r' fe~peCI Th~ Penns~lvanhl HOUSIng Finance Agency has Silly (601 days 10 mako a deCISion
,jU'H II receive'.!. ',uur ,jppltcal+on DUrin!) fhal ad Ings Will bo put sued agitlnsl you II you have melli'll! limB requirements setlorlh abOve, You
Will Ot.! flultlied (Jtlt;I<;tly by In,,1 "l'JtJncy 01 115 de EXHIBIT
flIt;! Pflllf1$yllt.!lll,j HOU!i.nq Flnam:eAqoncy IS I F
1.BOO.J.t;2-239/ (1011 Iree numbel), Persons WI
In ..111dl!llJn yOU In,]', reCllllttJ anoTher nol!ce tron
they OOlh elptit,n fl()t'IS Itlal you no.., lla"e un:
while you ,]re rucel'Jlng mal aSSISlance
051 OttlCd 801 60;!9. HarrlSbutg, POfll1syh/anlJ ITl 05. TelephoOlt No. ill]} lBO.JaOO or
2,2391
notlcfJ IS Calh!d tho "Notlco ollntenllon 10 Foreclosure". You must lead bOth nOllc"s, 5lOCO
IJ Ch!)O~t! 10 elIHClst! your rights (jescrrbec:lln Ihls nollce, you cannol be loreclosed upon
Var,; Iruly yours:
/1.
:'~
il
'/
V
, .
I:
--II
,
."
!! I
/ 't-:
'I-~'" .:_^
~It
,.....
.
i
HEM'" !=lev 28,9-'
/
../
ACT 91 NOTICE
UK' ACTION TO S.lvl YOUR HOMI ~OM 'ORiCL08URI
rtlit C~'HnI11UI1W'lh)llh vi Ptfnnsyl\'dfl1ol 1 Horrh,owtllffS' trTltuqanCl' Mn_1';dQIJ4'.lSI11<.l.IlCU P/~f3rn m.lY 01) ,JCll) tUllOlp IIJU AtMlJ l~d hllhh'f.n" l1ot!r;1J III IUllJ (Jut rlt)'N Ine pfO~r;ifn
....'.)/k:t
l/ I'M ilfl61j 1ll:)I>! 'r1hlffTtdhOn c,Jlllhe Ptltlr'syl.i.In1..1 HOUSII1'J F'''<1/1Ctt .\'JI)Il\:Y ,II I (dOOI ].12 ;'J'J'
L.J ",)I"'I;JC11;l1 dll .ldlUnlO 8S de luln<llfllportd.nCI.. puofS a/tlCld lU 118/UCIl\l ,j ';,IIllH'U.U 'It.Il!iHJa dr' iU ~<11c1 ~il Ill) COInpftlnde t!1 J.:llI1111fll(jO d~ 1:l:i!J 110llllt:.JCiOn l)bhU1'Jd IJ11.1
jr,)IJI;CC'I.l" ;!flm8~IJla1l1011181IQmJn(j,a lISla <I\)6IlO..l (P~nI11yjv"'n!'" HOUSlfl14 ~'ll,irlClt,"iJI"'t,;,llln ;';,U1JU5 .tlllWnUfl) lIl"'flt;.t.,Hl,IlJO ,ltfibd IO'tu,tJu$ ,1ft' cl1tlQl0la Pd'" U(\ p',UI.tIl1U
pur ull,H09'.lmJ 11.1Itlado 'Homeowne'" Em91IjtJ(lC,# MortQ.ll~e "'ul:!olal1CtJ F'ruy,.un' Ifl ':Udl pl,HlIWJ Sdll(al 1u ,:.t:ld ,jtJ 1<1 P't,duJil dijl dtalltctlr... ,I fthllfl'Il1 -'U hlpolat:J
RE .Accounl NO
ACT gj NOTICE
IMPOATANT, NOTICI 0' HOMIiOWNIRS' IMIROINCY MORTGAOI ASSllTANCI PAOOAAM.
PLU" RIAD THII NOTlCI.
YOU MAY IIILlOl8LI 'OR fiNANCIAL ASSl8TANCI WHICH CAN IAV'
YOUA HO'" 'ROM 'OllICLOSUAI AND HILP YOU MAKe 'UTUAI MOATOAOI PA YMINTS
1 ~ q.... 1'- 1'-
IPllfi,,&,\I'J Oale: u/...II :41
t-:I,
l
r\!ary i\ri..( ~1~t'1.-r."::~~i, otL :.h.~""':L _i;:'. I C'.d.'Ll"-,l<', P',\
TO:
FROM :.'iT':1fC01..l Crt.:.::1- l.-I"'l!!".t'"
'tou may tt. .llglttl. tor rln,nelll '"I,llnc. Ih.1 will prlv.nl torlclo,url on your mong.g. if you comply wtlh Ihe ptoVlaton. of Ihe Hom.own".' Im.rgency
Monglg. ASII'1.nnAc1 011in (Ine "Act"), You may al .lIglttll tor emeroency t4mpor.ry "111..nCIII your de'.un h.,b.ln cluud by clrcumlllnell blyond
your control, yOU nave I "aeonlbll pro.pecl ot ruum".g 'tour monglgl paym.nll. .nd It you m..t otht( .UgltlUlly requlrlmlnls allaDUlhed by Ihe Plnnlylvlnll
Houllng Pln.nee Agency, Pl.... "ad all or 'hla NOllet. It contalna an uplanallon or your rlghls.
Undltr Ine Act, ~ou are ef'hlletJ 10 J lemportlr'j !lay 01 IQlltCIOSUUI on your l1'la,lgagtJ lor thIrty (30t day' 'rom Ihe date 01lnl5 Nollee. Ourmg thalllme 'IOU must arranlJe and
allond .s'lace-la-Iace' matJllOq...llh .1 fe~ltlgldtHilllV~ Oil/lIS ItJnlJer, or Wllt't a deslqnaled CMsUmllr cut<hl couos.hng dgltncy. Tne purpo$8 01 nus rndl:lttng IS 10 allempllO ',,"ark
oul J topayrm.Ull pitto, or 10 Qtharwl'tI iltltle Nut \iallOquency, Thl!llOeottnl) musl OCCur In IhtJ nOllllnlrty (30) days.
II yuu allend d lace-to-lace rr.9t!lllllJ With tnl1 Itmde'. at Wllh J l.;onSumft' cfedlt counseling agency IdantlhQd In Itlll nOllc8, no lurl".r proceeding In mOltgage loreclosure may
lake place lor lhllly (30) (jays dller the dahl olll1l:! mtJallnq
Thll name. <:lddre!l:l and lalophone numbet 01 our lepresentall'Je 15;
Jae}:. '" ~!UL_clliocn
1 \'J. H.lch S'~l"ett.
C;Il" ':"lhl'it. .2:\ 1"/C'1
~4-,-j'~ I ~
T8tepnon~ Numb8r:
The tlame(sj. addrelUlnl. dnd pnona numbo', 01(31 deslgnatsd consumer cr8d1l counseling agencY(leSIIS tare);
y\,C';
-m ,~ Str""t
("':dL".1.1S1t:, PA
l':'UI3
It IS only necessary 10 schedule anlt lace-to~hlee meelmg. You should ac1Vlselhll lender immedlalely 01 you' Inlenllons.
Your mortgage 15 In delault because you navtlalled 10 pay promptly Inslallm,nts 01 pnnc1plII and r"18185t, ill required, lor a pe,.od 01 at lealt ".Illy (GO) days. Th81alal amount
01 Ih~ dehnQu~ncy 't ~_ ~ _~ ? ::. ~ ., 2 ~~ .. _ \. . rh,!I.~um !'1~lud.S I~~ 101~O~I~g: 1 ~i r:; t: \., - - '_' t- C ~ ., ~
... ';.f.JI.t..~ j L'l\ r..e-I,...... 0,_ ~l.-l~. _,t_ ~ill.,.;i. lcr h...C.l,,;!: ,,,...., ....t'-_,-'f:cr.:Lf.:t 1 ).1..1113..(,
l..'ct.~;;jt.~= ~., I'..., ~--!...fj(,' 1 Ci-::t! 2.Jit"':t!:;: J..r1 ,-t.t.:: lll~I()',-:nl O~ ';,.;c:,. ....
Your mortgage 15 also m default lor Ih. follOWing r'lI,ons;
II you hdva Im,d and are unable to ref,QlvlJ' IMI, problem al or aUer your lace-lo-faclt meellng, yau have the rlgn' 10 apply lor !inanClal asSistance from Ine Homeowners'
Emurqoncy Mortgage ASSIstance Funt.J, In ofeler 10 do this. yOU muSI hll oul. sign and We a CfJlflptaled Homeowners' Emergenc,;, Asslslance AppllcatlO" With one of 1M
doslql'1<1tad consumer Cfedll counsehng agenCl8S IISled In the allachm@OI An application 10' asslslanca ma,;, onl';' DIf obtained 'rom a consumtlr credit counseling agency. The
consu/ller Cfedll Coun51!hng agency Wilt assist 'lOll In hlhrrg oul your appllC<ll!on dnd .....111 submit your complatad applIcation 10 Ihe Per.n5yl'Janla HOUSing FmanceA,1Jancy 'iour
.lppliCJllOl'l 111u51lJe filed or po.slmarked, WithIn thIrty 1301 days 01 your IdCo-10.'ac8 meellnq,
it 1$ l:l.ctr!JmeJly ,mporr;J1l1 /tI.Jt 'tou Me ,.Our appllc.Jt/OtI Qromptly It you dO not do so, ur of ,.au C/o flot /0/10'" tn~ omsr Ilml:l PtJfloa, Sd' torth In lhl5/elltJr, 'Qr8CIOSUftl mdy proJcrJtJt!
.Jf}iJ!nst YiJlJf nomlJ ,mmedl<1(e1y
.3,'d'!,lt)l~ 1i,11/J, !or 8mellJI:}"cy mOflgal;1t aS31'Stanc" artt ve'i hrtllled T'hov .....ill bl! f11'Jbuf'~tJ tly lheAtjancy under tf1e Ollglb1llly CnltJna aSlabllSl1ed by Ihe ACI
'! ,_; .,.lr~mel~ ar.por'.1rll Hl.ltJ'JUr ,tppIIC,1Il0n be dcculJ,11! .1011 I:cmplele ,r. '1'1~f/ "~~iJ.,:I Tn" P,!nnSyh/,101d HIJU9m9 FlnancaAgency has suly (eOl days 10 make d dec1'Slon
Jtt'1r :1 r>:I;i:",O'i ~iJUf dPpll'~dlllJfl DUP'll~ 111<11 ,1!il.lllH)l1dl lime 11\J IUfe<.:lfJ'iI.le Pf';CIWllll'I.l1NIII oa pur$u~tl aqd1nsl 't1}U II 'tau ha~8 melln. lime reqUl,emQrllS $ijl !o,th abQvd You
...'11 tHJ nutdl.jlj ,.:)1/11(;111 t."; !/lal AoJl1nt;j 01 ,\'i '-Jj;jCI~uon on ,our JPr;Jj(l.:-Jllljl1
T r.., ~"1lI1i/l~,lnld HlJU'SIn<) Flfldl1CU Aq8flC'! " II}Cdled .JI 2 It) 1 1'1Ofltl 'It!. PU';i1 on'Ctt 81,H 8023_ HarflSburg. PennsylvaOliJ '7105 TelephOne N,] (lIT) laO.J800 or
1,>jijIJ,j.t;!-i J<j,' (1()H !IQlt numt.eo PlJrsans IJJ ;!J'H
In dd(jIllIJn ;'JU rl1.l, ftiC6I'>Id JlloU1o:U not;c!! II
!h')1 t)(Jlfl u__pIJI/1 "'Jfll1lh,U ,OIJ now h.)'/t!
""nlill fOU Jrl:! rl:lCl1wltllj tn.tl .h:jI'lI.}flCot
EX~BIT
, {-'
-t
.;:51 ,'\
11.,1 nl)I,Cu (1 C.lII+Jd tile 'NQIICe ollntunhon 10 FOhtcIO$ura" You musl re<ltJ bolh floIIC6'. Since
I"U ,;11n<.Jsu 10 It_oJfel:>e your fIght' d~scrlbed In Inll nQIIC~. you C'lnnot btJ !oreclo'!J.j upon
Very uuly youn,
I' "
I .
. . L
I'
, J
Ii
/
,) ).;..
, "
HEMA ~e... 2 i!,\H
;
, ,
'" _.:~:".r
,f
v.
IN THE COURT OF COMMON PLEAS
OF CUMBERLAND COUNTY,
PENNSYLVANIA
CIVIL ACTION - LAW
r'ARMERS TRUST COMPANY,
plaint i ff
RICHARD D. SHERMAN, and
MARY ANN SHERMAN,
Defendants
CIVIL NO. 96-953
PRAECIPE FOR DEFAULT JUDGMENT
TO THE PROTHONOTARY:
Enter judgment in favor of the plaintiff, Farmers Trust
Company, and against the defendants, RICHARD D. SHERMAN and
MARY ANN SHERMAN, his wife, in the amount of $68,868.54, with
interest at the rate of 8.84% percent per annum from February
21, 1996 ($15.39 per diem) together with attorney's fees in the
amount of five (5) percent and the costs of suit, by reason of
the failure of the defendants to enter an appearance or to file
an answer within 20 days of the date of service of the
complaint endorsed with a notice to defend.
\~
By: \ i '. ) . '\ . J\J'v--( q}\../\.
- ...,
Attorney for~Plaintiff
Dated: March 18, 1996
-ti
.w
~~.,~
1""'<-.:.
1"1":
I' I ',.
<
- .-,
::.' i~:.
l',_
"
J
t
!'
',t) ~
'"
~~
!Y)
~it
~~
.
. "'1;0
"
Q
"Q
.~
. ~ "'t:r
Farmers Tru3t Compilny
.______.___...__~.____._.__~_________w__._____
In lhc CQun 01 Common Plaa of
Cwnbula.ad C<loml!. PCDAl'7h'Ui&
._.________.__.____.____~lR~~LLL_____...____
VI.
N".
Civil Term qb-9~]
ClvIi.
19._._._
.---...-.--....---..---...-
~[W~.....t.:.u;.)4_4gQ ~lI.II__.....______
._...'.1QJi,'jt"~~'''~1) ~JI ,.~, ___...__...__.___...._.
._~IJ'lt!l'wJ.Jl.Lc;.tlllIll.l!..._._________
.-...-....... ..-..... . . ..- ... ..-....-..-.........-.--......
De f endant 8
....-........-----------.....---.....-...-.........-------...--..........--.....--.--..------.---.---.....
.- .-. ......-........--------....--.....-..... - ..-------..---..... ..... .......---....----------...
PLEASE MARK THIS ACTION SETTLED AND DISCONTINUE.
.II A w"l"'r.,,,' Ji~P 'ud.omont taken on Mav ta, 1996.
.. 1Jw...... \01'..__....._ Jo'.r___._Q_.... _____...._..... ...__.._.__...___.........____._..__........._.
..---....-....-...---------. .-........---------..-...---.--...---...----.-------...-------------
..---..........--.-----.....--....-.---...-...-..--.-----...----....--.--..---....-.--.----..........-....
.--..--------.-_.. ..1>> .._........_._____._______. .__ .__._. ..__. _.._ __ __.__ ._.____ _.______
----..-------------..... -...-------------.-.------.. .......-............-.--. -- .-------------.-
To
~lay 30.
-----------..-----------...
Prolhonocary
96
19_.._._
---.--.----------..----------.------------
\:\/\ 1~'~1~-~E~~~..--
Anoruy (or Plainuff.
.
...",!'
,
f i
~
, J
I
..,.'"
,.
.~ :-
.
,,!.
} "
.!"''''
, I I , t- I
I I , J
, t .i!
, I I
.J I I j
- t -
J I I I I
I I 101 I
t t
.. I I
... I I 1
. I u I
... I
...
I IlII I I
.. , I
I I
,
I I
, I
,. !
, .. ~
,
1.1)_'.
.
. .
.
.
.. . ~ ,
" .
I
, .f!
'.' ...
..,1>
I
i
I
I
l
r"
,
~ ~.
,
I,
; i
, ' ,
: }"
I
I