HomeMy WebLinkAbout1088 and sI~nII imrjarm, comply with and abid~ by each and e~~ery t{~e a~~eements, stipu~ations, conditions and
co~~~nanls I~~ereoJ. an~~ o~ I~~is niorffia~~~. f~~en f~~is mo~t~a{~e an~ thP esfaie ~e?e~y c?patc~. sh~~l cease. cre-
f~rmin~ an~1 6~ null nnd noid.
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7inR l~~P mortya~~or ~~errhy (urt~~er cove~ianfs ancl agrees (o pay promplly when c~ue ff~e principa~ anc[ .
internsf an~ ollu~~ sums of mon~y provicleel for i~i sai~ nofe anc~ l~is mortgage, or eif~er; to pay al~ ancj
sin~ular tl~~ 1ax~s. ~ssessmi•?its, levies. IiaGi[ities, ob[i~ations, anc~ encumGrnnces oJ every nature on snid pm- _
perly; lo E~ermil, commif or su~~er no u~asle, impairment or cleterioration o~ sait~ ~antr or ttie improuemenis
Ilu~rror~ ~~1 orw lim~; (o ~PPn IIIP buildin~s no~u or lu•r~~a~l~r oii sned land (ully insured in a sum o) not ~ess
t1~an - MAXIMI~'I INSiIR1~1BLE VALUE
rn a rompanv or com~x~i+i~s acr~pfa~~e fo 1'~e mortflaf~ee. I~~e po~icy or po~icies fo 6e held 6y, and paya6le
!o, s~i~ morl~~a~r~e, an~ in t~~e e~~enl nny sum oJ money hecomes payab~e by virfue o( such insurance (~e
mort~n~~e~ s1~a1~ ha~~~ tl~e rifll~t lo receiae and apply th~ same to the inde6tedness hereby secured, nccounting
fo t~~~ morl{~o~or (or anr surp~us: to pay ~l~ cosfs, c~ti~rges, and expenses, inc~ucling ~awyer s rees and ~~rle
searclies. r~asonnli~a incurr~~ or paicj ~y i~~e mortga~ee ~ecause oJ t{~e fai~ure o` fhe morfgagor to prompi~y i
anc~ Ju~~p comp~y u~if~~ fl~~ a~re~menls, slipulations, conc~ifions ane~ coi~pnants o( saic~ note an~ fhis tnortgage, ;
or eil~~er; to p~rjorm, comply ~oifl~ anrr a6i~e by each anc~ every fhe agreements, sfipulafions, conditians ant~ 3
cov~r~nnls sef forf~~ in saic/ note anc/ I~is mortgngp or eiiher. /n f~e event ~~s rreorfgagor ~ai~s fo pny w~en
clue any ta.r, assi~ssm~nf, i~~surance prnmium or otl~er sum o~ rr~o?sey paya6le by i~irtue o~ sai~ note and thts
mortgage, or ~if~~er, f~~e morfyagc~p may ~y f{~e sam~, u~iltiouf woining or aJjeclinc~ t~e option fo foreclose
or any ofl~~r rinl~t l~~rni~nd~r, and all sucl~ paymenls SIIQII 6PQ~ 1?I~P~PS~ ~rom date thereo~ al tl~e highest law-
~a~ r~t~ t~e~i~ a~~o~re~~ 1~~~ ~a~~~s oJ t~~~ Sfatp o~ ~=~ori~a.
any sum o~ n~o»~y ~r~r~iii rererrPrl 1o I~p not promplly paic~ within thirty ~nYs next a~ter
t~~n sam~'~~comc•s c~u~, or ij each artt~ ~ner~~ II~n ttgrepmPnls, sfipu~ations. contritions nn~ covenants o~ saitj
riot~ Q?td ~l~is rnortgage, or PtIIlPI, ~re not (ully perfornted, compliecl wilh unc~ ab~ded by, then t1~e entire
st~m mentionpcl i?i soid nole, and Ihis mortgage, or tl~e entire 6a~nnce unpait~ tF~ereon, sha~l (oMl~with or
ther~~ter. nl ~I~~ option oJ il~e mortgn~~e. 6ecome and 6e c~ue ancl pnynble, anylhing in saicl note or herein E
- to thP conlmry nohvitl~slnnc,iny. I'ailure hy the mortgagee fo exercise any oj the rig~fs or options he?ein !
proi~icr~ s~~a~~ noi conslih~t~ a ~rai~~~r o( any rigtits or options unclpr saic~ noie or fhis morlgage aceruec~ or ;
t~~~rno jf~r a~cruing-
sn ~~lll~s ~hereof~ tl~e• said morlgayor has {~ereunto signecl and sealecr these presents the ~
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tray ~n~~ y~>ar Jirsf a~~or~ tnrllfen.
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,o ~~z~n: " i S~ 3 534~ _
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' sTnTE oF ax~x, PENNSYLVANIA ) ~
~ CnliNTY OF MONTGOMERY ~ ~
j I HEREBY CERTIFY that on this day~ beforr me. an
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i officer du!}• authorized in th~ State aforesaid and in th~ Countp aforrsaid to tak~ acknowledqmentt, p~rsonally appeared ~
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` DREW J. T. O'KEEFE . ~
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; to mr known to be the prrson described in and who ~xecuted the forrkoing instrument and h@ adcneN±~t~ , -
F .~~,,.+,•..~v~y~~.-;89~'.= i_~.. ~
'f be(or~• me that he exccuted th~ same. ~ Y~~:'~+•~ ',Y '
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~~'IT\E5S mp hand and officiai seal in the County and Stat~• last a(oresaid this ~i~J~;~.......d.1Y.~
S@Pt@Ptlb@r, A. D. 1972 . -t j f'~
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Notary Public, State ~id ~Co ntyt,•~ i
Aforesaid. ~ , ~ ' t
My Commiss ion Ex~ires : `
HEIEN 0. McGINLEY. ~+C[fiRV w, lIC ~
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G ~ LOWER MERfO~~ 70WNSHIP
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I~CEt~ ~ ~1 Pl~cMDrt Mr co:~u~ss~o~~ :xF~~s~s ~Arr. s. ~9I5
~ OUE OM CIASS'!C' ttITMl610tf PERSOINL PN01'E~IY• _
PtlRSIMNI TO GlAP7~n 71-131. ACfS ~ 1S1)l. ~C ~ =
RG:°ER. POIfC~?: ;
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