HomeMy WebLinkAbout0811 ~
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prior to e~try of a judgment eaforciag this Mortgage if: (a) Borrowet pays Lender all sums which would be thea due under ~
this Mongage, the Note and nota socuring Futur~e Advances. if aay. had ao aoalua~ion occuned: (b) Borrower cura ~
all brcaches of any other covenants or asreements of Borrower contai~ed ia this Mortpge: (c) Borrower pays all reasoaable ~
expensa•iacurred by I.ender ia eatorcing the oovenaqts and asrameats of Borrower coetained ia this Mortgage and in
enforcing Lender's ~emedia ss providod in panaraph 18 hereof. including. bnt not limited to. reasonabk attorney's tea: and
(d) Borrower takes wch action aa Lender may reaso~ably require to s~ssure ibat the liea of th~ Mo~a~e, Lender': iaterat
in the Properry and Borrower's obligatio~ to pay the sums secured by this Mort~e slult contiaue unimpaired. Upon such
paYment and cure by Bomower~ this Mortgage and [he obligations secured hereby shall c~emaia in full force and eRxt as if 4
no acceleration had occurred.
20. AsdwcN ot Reatfi Ap~wl~t~aed ot Receirer. As additio~al sxurity hercunder. Bomower hereby assigns to
ixnder the re~ts of the Propeny, provided that Bomowe~ shall, prior to accekntio~ under puaarsph 18 heroof ot abandoa- ~
men~ ot the P~nperty. have the right to collect and rctain such rents as tbey become due. and payabk- i k
Upon accekratio~ u~der paragnph 18 hereof or abandonment of the Property. I.ender shap be entitled to have a~ ~
• rcceiver appointed by a oourt to enter upon, take poasession of and manage the Property aad to colkct the rents of the j
Property. including those past due. All rents collectod by the receiver shall be applied fint to payment of the coats of t
mansgemcnt of the Property and collection of rents, including, but not limited to, receive~
i fas. premiums on roceiver's s
bonds a~d reasonabk attoraey's fea. and then to the sums securcd by this Mortgage. 'ILe receiver shall be liabie to account ~
only for those rt~ts actually rcceived.
21. E'rtvr Adra~cu. Upon request by Borrower, Lender, at Lender's option withia twenty years fmm the date of this
Mortgage. may make Future Advances to Borrower. Such Future Advanca. with interest thereon. shall be sxurcd by this
Mortgage whe~ evidenccd by promissory nota stating that said nota are secured hercby. At ra time shall the principal
amount of the indeWodness socured by this Mortgage. not includina sums advanced in aocordanee herewith to protect the
security of this Mortgage, exceed ihe original amount of the Note plus USS-
2L Rdea~e. Upqn paymeat of all sums secured by this Mongage, Lender shall release this Mo~tgage without c6uge
to Borrower. Borrower shall pay aU costs of recordation. if any. ~
23. Atto~sey's Rees. As used in this Mortgage and in the Note, "attomey's fces° shall include attorney's foa, if any, ?
which may be awudal by an appellate court. ~
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and deGvered
in the presence of: ~
~ / t~ c c y ` ~ ! , V 1 G'~ (
' . . . . . . . . . . :4 . ~ . . . . . . . . . . . . . c ael e'rnic~i . . . . . • (Sea1)
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~~,-+-.t.; . . . . . . . . . . . . . ~ . . . . . . . . . . . . .
ianrie '~e'rnich ' -e«~..
STATE OF ~L6~iG, . . . . . . . PENNSYLVANIA . . . . . . . . . . . . . . . .(La~jl SS: .
I hereby certify t6at on this day, before me. an oH'icer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgcments, pcrsonally appearcd....I"hchael,R._ Zern~~~ a~t~.M~'~..a,pri@.7~~TAi,ch,
his, t~tifg, , , , , , , , , , , , , , , , , , , , , , , , to me known to be the person(s) described in and who executod the
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~ foregoing iqstrriment and acknowledged beforc me that. .thgY. .......executed the same for the purpose therein ~
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~ ~ 1~4i3'~tESS ~j~r~td and o@'icial seal in the county and state aforesaid this .16~•h . . day of +
i . Li~f~iC~,i ~ . . . . . . . . . . . ~9.79. . :
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n F,~ED arld RECORDED ~31d 1~0~
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