HomeMy WebLinkAbout2073 ~ 1
-
•
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, if any, had no acceleration occurred; (b) Borrower cures
all breaches of say other covetunts of agreement: of Borrower contained in this Mortgage; (c) BorrowCt~p~ys' all reasonable
expeas~ incurred by Lender in enforcing the covettatfta and agreements of Borrower contained in ~liis '14fortgage+ and in
eotorciag Lender's remedies as provided in paragraph 18 hereof, including, but not limited to, reasonable attorney't fees; and
(d) Borrower takes:ttch action a: Lender may reasonably require to assure that the lien of this Mortgage, Leader's interest
in the Property and Borrower's obligation to pay the sums secured by this Mortgage dtaQ continue unimpaired. Upon such
payment and cute by Borrower. Wes Mortgage and the obligations secured hereby shall remain in full force and eQect as if
no aocekation had occurred.
20. AsalpnseM of Retris; AppolstsseM of Receiver. ~ As additional security hereunder, Borrower hereby assigns to
Lender the rents of the Property, provided that Borrower shall, prior to acceleration under paragraph 18 hereof or abandon-
ment of the Property, have the right to collect snd retain such rents as they become due and payable.
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 rollection of rents, including, but not limited to, receiver's fees. premiums on receiver
s
bonds and reasonable attorney's fees. and then to the sums sxured by this Mortgage. 'Ilte receiver shall be liable to account
only for those rents actually received.
21. Ftibre Advances. Upon request by Borrower, Lender, at Lender's option within twenty yeah 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 staling that said notes are secured hereby. At no time shall the principal
amount of the indebtedness secured 6y this MortgagC, not including sums advancxd in aooordance herewiW to protect the ,
security of this Mortgage, exceed the original amount of the Note plus USY'--~~-------------~-----
22. Relare. Upon payment of all sums secured by this Mortgage, Lender shall release this Mortgage without charge
to Borrower. Borrower shall pay all coats of recordation, if any.
23. Attoney's Fees. As used in this Mortgage and in the Note. "attorney's fees" shall include attorney's foes, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed this Mortgage.
Signed, sealed and delivered
in the Dresence of: - - -
ems' t ! (Seal)
J.~Donald Geyer
. ~ . / ~ ~ (Seal)
M. Geyer -~o.rawrr
Pennsylvania Cottnt ss:
STATE OF........... y
I hereby certify that on this day, before me, an officer duly authorized in the state aforesaid and in the county
aforesaid to take acknowledgements, personally appeared J. Donald Geyer and Evelyn M..Geyer, , , , , ,
his rife , , , , , , , , , , , , , to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged before me that ~~Y...... executed the same for the purpose therein
expressed.
WITNESS my hand and official seal in the county and state aforesaid this....... 18th . , . , , . , . , , , ,may of
AP.~?l 19.
l
7
My Commission exptres: OED / 1 ~ y 1~~~~~~:. ~ .
. t5i~1 Notary Public
- _.;,~.`irs. txJ11tA L BOWGN~ NOTM1f PUBUC
SFI~I.ER Tt>1tIM Elltt COUItTY
' - - ; SHIP, ILLLEGH
'r` 1#Y p0i1MISS10t1 t7tPIRES OCT. 17. 1981
'fi . - _ Iletnper.Ponnsv~?anta~~ioaof Notxies
t~`~jA. i .,i~• `
S ,
1- ~s:--
(Spice 6eionr This Line Ris~rvid Fot Lender and Ricordeh
- ~
~ t
~ ,
~r~ya•:~J _ ~ Y.~~,,~ t9~0 MBA;' -5 PE' ~2= ~2
F~'!V RNt:`:~COi~1C0
S ROGER
~OITlYtABA~
KE1tK t:tRCU1T CO(Ilt
X330 p~206~