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HomeMy WebLinkAbout1150 _ ' prior to entry of a judgment enforcing this Mortgage if: (a) Borrower pays Lender all sums which would be then due under this Mortgage, the Note and notes securing Future Advances, it any, had no acceleration occurred: (b) Borrower cures all breaches of any other covenants or agreements of Borrower contained in this Mortgage; (c) Borrower pays all reasonable expenses incurred by Lender in enforcing the covenants and agreements of Borrower contained in this Mortgage and in enforcing Lender's remedies as provided in paragraph 18 hereof, including, but nol limited to, reasonable attorney's fees; and f (d) Borrower takes such action as Lender may reasonably require to assure that the lien of this Mortgage. Lender's interest in the Property and Borrower's obligation to pay the sums secured by this Mortgage shall continue unimpaired. Upon such t payment and cure by Borrower, this Mortgage and the obligatioru secured hereby shall remain in full force and effect as if ~ no acceleration had occurred. 20. Assi`omeot of Re.ts; Appointraeat of Receiver. As additional security hereunder, Borrower hereby assigns to Lender the rents of the Property, provided that Born~wer shall, prior to acceleration under paragraph 18 hereof or abandon- ment of the Property, have the right to collect and retain such rents u they become due and payabk. Upon acceleration under paragraph 18 hereof or abandonment of the Property, Lender shall be entitled to have a receiver appointed by a court to enter upon, take possession of and manage the Property and to collect the rents of the Property, including those past due. All rents collected by the receiver shall be applied [first to payment of the costs of management of the Property and collection of rents, including, but not limited to, receiver's fees. premiums on receiver's bonds and reasonabk attorney's fees, and then to the sums secured by this Mortgage. 'ihe receiver shall be liable to account only for those rents actually received. + 21. Futnre Advances. Upon request by Borrower, t_cnder, at Lender's option within twenty years from the date of this Mortgage. may make Future Advances to Borrower. Such Future Advances, with interest thereon, shall be secured by this Mortgage when evidenced by promissory notes stating that said notes are secured hereby. At no time shall the. principal amount of the indebtedness secured by this Mortgage, not including sums advanced in accordance herewith to protect the security of this Mortgage, exceed the original amount of the Note plus USS..--------------------- . 22. Release. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge to Borrower. Borrower shall pay all costs of recordation, if any. 23. Attorney's Fees. As used in this Mortgage and in the Notc, "attorney's fees' shall include attorney's fees, if any, which may be awarded by an appellate court. IN WITNESS WHEREOF, Borrower has executed this Mortgage. Signed, sealed and delivered in the presence of: f/ ' ~ (Seal) ~,,,,(C~~ Wi 11 ism I . Snyder ~°fd1Ne~ .~.~~;~:t~isu . ~.1:.."~~s-`-~.~..... ..........................................(Seal) -$O/fOWN Pennsylvania STATE OF X, ?~x7~ . Al legheny_ , , . , , . , , ,County ss: i hereby certify that on this day, before mr, an officer duly authorized in the state aforesaid and in the county aforesaid to take acknowledgements, personally appeared ....W l 1 1 J ijlR . l ..Snyder., . an. urunar. r i ed. man . to me known to be the person(s) described in and who executed the ` foregoing instrument and acknowledgrd_beforc me that....he........cxecuted the same for the purpose therein i expressed. WITNESS my hand and official seal in the count}• and state aforesaid this....... E~XDC .2Sth.....day of ....Et:bruary_ . 197 My Commission exptrc~s: { . tel. ~ ~ ~ ~.l~Q! ,~~.a? . [Soap notary Pu~tic RHEA M S:+F:uFiLQ N~ThRY PlBi1C ~ ~Y.1^!t „':P. s!!E~NEt~Y C~3UYTY 1 Nll' CG"!".:~.,:uY ~P~?.S CCT 12. I:81 ! N.12~'tLer, ~Pc".r:j' _~.~2 ~_..i:L'• `f e i - (~`~i (Space Below This Line Reserved For Lender and RacorOer) 1.~ l - - . _ _ 05fi££ dal2i0'l~ '302~31d 1210 . ^ . , I~NydV10~ 3:~tit'~ii fSWI 31111 OJd~IHO a f ~ ~ooK ~3U~ ~al,'f~148 -