HomeMy WebLinkAbout0940 Formty4-A Po-~e3~1
pnor to entry o( a judgment enfurc~ng th+s ~lurtg:.ge 1 a) Borrowcr pays Lender all sums wh~ch would be then due under
this Mortgage, the Note and notes secur~~g Future Advances, if any, had no acceleration ~curred; (b) Borrower curts
all breacha of any other co~~enan~s or agreements nf Burruwer cont~ined in this Mongage: (c) Borrower pays aU reasonable
expensts incurred by L.ender in enforcing ~hr covenant~ and agretments of Burrower contained in this MortgaQe ar?d in
en[orcing [.ender's remedies as provided in paragraph iR hereof, including, but not limited to, rea~onable attorney's fea; and
(d) Borrower takes such action as Ixnder may re~sonably reyuire to assure that the I~rn of this Mortgage, Lender's interpt
in the Propert~~ and Borrower's obligation t~ pa~ the wms stcured h~ this :~lortgage tihall cuntinue u~~mpaired. Upon such
paymtnt and cure by Barrower, thii ~longag~ and the ~~bligat~ons ~ecured hereby shaU remain in fuU force and efiect u if
no accele~ation had occurred.
20. Asslgnment of Rents; Appointmenl ot Recci~er. A. .idJiti~~nal ,r~ur~~~ hr~eun~rr. Borrower hereby acsigns to
Lender E~s rcnts ot the Property, pro~ideJ ~hat Burr.~HCr tihall. prior tu arreler.+tion undrr paragraph 18 he~eof or abandon-
ment of the Properiy, have the righ~ to rullect and reta~n such rcnt, as the~• beromr due :+nd payable.
Upon acceleration under paragraph I:t hereof or ahand~~nment uf the Property, l.ender shall be entitled to have a
rcc~iver appuinted b~~ a court to enter upon, take po»r,.wn :,nd man.,gr the Propert~• and to collect the rcnts of the
Property, including those pasl d~e. .All rcnts ~olle~teJ h~ thr recei~er ~hall tk ~pplieJ first to payment of the costs of
management of the Pr~~pert~ and cullect~~m ~~f rent~, inrluding, hut nw I~mitrd t~~, recei~er's fee~, premium~ on receiver's
bonds and reasonablt attorney's fees, and then w thr wm> >e.ured h~• thi> >lortgage The receiver sha11 be liable to account
only [or those rents actually~ received.
21. Future Ad~ances. Up~m rcyuect by Borroµtr. (.end~r, at Lende~'s ophun within twenty years from the date of this
Mortgage, may make Future Advances to Borruwer Such Future Advanres, with interest thereon, shall be secured by this
Mortgage when evidenced by promi~sor}~ notes staung that wid note, are ,ecured hereby. At no time shall the principal
amount of the indebtedness secured by th~s Mortgage, not including wms advanced in accordance hercwith to protect the
ucurity of this Mortgage, e~cceed the original amount of the Note plus uss. ..........33,600.QQ,
22. Rtlease. Upon payment of all sums secured by this 'Nortgage, l.ender shall release this Mortgage without chargt
to Bonower. Borrower shall pay all co~:s of rewrJahon, if an~.
23. Atforney's Fees. As used in Ih~s Meirlgage and m the Nute, "attornc~'s fees" shall include attorney's fees, if any,
which may bc awarded by an appellate court.
IN WITNESS WHEREOF, Borrower has executed th~ Mortga c. ~
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Signed, sealed and delivered ~
in the Dresence of: ~ Q' S
Q3ARI,ES A. F~2NS`T ~ JR.
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Sr~rE oF E~Jb~6Yci~J~ PENNSYLVANIA ~i ~GC,~~--~-L-~-- Counry ss: ~
1 hereby certify that on this day, tkfore me, an offio_r c1ul~ authorirrd in the state aforesaid and in the county
aforesaid to take acknowledgrm~nts, p~rtionall}• appear~d
Q~ARI.ES A.II2I~T, JR. A MARRIED MADI
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~ , to me know~n tu tk th~ Exrs:~n(5) describe:d in and who ezecuted the
' foregoing instrument and arknowlydgrcl bcf~~r~ me that B~rrower ~xecut~d the samc for the purpose therein
~ exprtssed.
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WiTrtESS my hand and official Sral in thr ~c~unt~ an~i ,tat~ afuresai~i this t~ day of
~ T . _ APR I L ~ 19- --83_ -
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