HomeMy WebLinkAbout0759 prior to aUry of a judgment enforcing tba Mortpge if: (a) Borrower pays Leader all wms which would be then due under
this Mortgage, the Note sad notes securing Future Advances, it say, had ao accekratioa occurred: (b) Borrower curs
all breacltas of any other covenants or agreenxnts of Borrower oonuined in this Mortpge: (c) Borrower pays all reasonable
expenses incurred by Lendet. in enforcing the oovenarlts and agreements of Borr+aerer contained is this Mortgage- snd in
enforcing Lender's remedies as provided in paragraph 18 hereof. including, but not limited to. rcasonabk attotuey~s tees: and
(d) Borrower takes such action as Lender may reasonably require to assure that the lieu of this Mortpge. Lender's interat
in the Property sad Borrowers obliptiou to pay the sums secured by tha Mortpge shall continue unimpaired. Upon such
payment and cure by Borrower. this Mortgage and the obliptions secured hereby shall remain is full force sad eRect u iE
no aoeekration bad occurred.
20. Aadgs~t of Resps; A~olratoses?t of Receiver. As additional security hereunder. Borrower hereby assigns to
Lender the rents of the Property. provided that Borrower shall, prior to acakration under puagraph 18 hereof or abandon-
ment o[ the Property. have the right to collect and retain such rents as they become due and payable.
Upon aaekntion 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 thane past due. All rents collected by the receiver shall be applied Arst to payment of the costs of
management of the Property and collection of vents. including, but not limited to, receiver's Ices, premiums on receiver's
bonds and reasonable attorney's foes, and they to the sums secured by this Mortgage. 'lire receiver shafl be liable to aarount
only for those real: actually received.
21. Fatare Advaace+s. Upon request by Borrower, Lender. 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 arc secured hereby. At no time shall the principal
amount of the indebtedness secured by thk Mortgage, not including sums advanced in aooordanoe herewith to protect the
security of this Mortgage, exceed the original amount of the Note plus USS..
22. Releare. UpQo payment of all sums socurod by thk Mortgage. Lender shall rcksse this Mortgage without charge
to Borrower. Borrower shall pay all costs of recordation. if any.
23. Attarsrey's Fes. As usod in this Mortgage and in the Note, "attorney's fear" 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: _
Perry ~ La e ~ -ea+~..
~v.~~~: ...(Seal)
izabeth Lay r~ -~eo.~..
STATE OF F~~~l~ PENNSYLVANIA _ _ • •
I hereby certify that o this day, before me, an o cer. duly authorized in the state aforesaid and in the county
III aforesaid to take acknowkdgemerrts, personally appeared.... Perry . &ay~er..aud .Ea.lZdbeth.. .
, L~ays.+sr,..his . W~~~ to me known to be the person(s) described in and who executed the
foregoing instrument and acknowledged beforc the that.. t-,ll@y ......executed the same for the purpose therein
~ exprasscd. .
WITNESS my hand and official seal in the county and state aforesaid this.........lbth..........day of
June 19..811.
~r ~ .
i Y; y~ s? ~ Nowr
~ ::'i4 • ~ * ALBERT t3. BARNS•
:r• -"vim: i` tlV
6 j i~.;..~~ . Notary Public. Vorlc, York Co.
:=0f ::.jj }~d~~,~,,ti Irll' Commission Explrua .lan. tN't
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