HomeMy WebLinkAbout0954 ~orm 194 A Psye 3 Q~ ~
preor to entry of a judgment enforcmg thu \tungage ~f . i a 1 Borrower pa; ~ LrnJer ail sums wh~ch would be then due under
this Mortgage, tht Nott and no~es sec~nng f~~lure Advances, if an~•, had ni~ ~ectleration ~x:curred; (b) Borrower cu~ts
all Artuhe~ o( any other ~ovenanh ~~r agrcrinenh ~~i Bor~uwer cc~ntained in thi~ ~lortgagt: (c) Borrower pays all reasonable
eYpenses incurred by I_ender in enforcing ~he c~~~enanh and agreements uf Borrower containcd in this Mortga~e and in
enforring I_ender's remedits as provided in paragraph 18 hercuf, mciuding, but not I~mited to, reaionable attorney's fees; and
Borrower takes such action as l.ender may rcasunahl) reyuire to assurr ~hat the I~cn ot this I~lortgage, Lcnder's interpt
in the Propcrty and Borrow•er's ohligation w pay thc wms ~e~ured h~ this ~lortgage .hall c~ntinue unimpaired. Upon such
payment and cure b}• Borrower, this ~lortgage ~~nd the ~~bligau~~ns ~rcurtd hrreb}~ ~h~ll remain in full force and effect u if
~o acceleration had occUrred.
20. Assignment of Rents; Appointment uf Recci~er. A+ .id~fiti~~nal ,e:ur~~t h~•cunJer. Borrower hereby assigns to
I_ender the rents of the Propert~'. pro~ ides th:,t Burtower ~hall. ~riof t~~ a~rcl~r.~t~on undrr paragraph 1 R he~eof or abandon-
ment of the Property, have the right tu c~~llect and ret.+~n such rcnt. as the~ brcc~mr due and payable.
Upon accelcration under p~ragraph I`t hereof ~~r ~h,in~l~~nment thr Pr~~pert), l_ender shall be entitled to have a
rectiver appointed b~~ a rourt t~• enter up.~n, take p.».c~+i~~n ~~t anJ man.~be the Propert}' and to ~ollec~ the rents of the
Property, including tho~e past due All rent~ col!e~te~i h~ the recei~cr ,hall tk .,pplir~f fint to payment of the costs of
management of the Propern and cull«tion ~+f renl~, in~lu~l~ng, hut nut I~mitcd t~~. rec~iver'~ f~e~, premiums on receiver's
bonds and reasonable attorne}'s fees. an~i then tu th~ tium> >e.ure~i h} this ~lortgage. The rece~~'er tihall be liable to account
only for those rents actually received.
21. Future Ad~ancea. l,'pon rcyuest b~ Burro~er. I cndcr, at I cnder'~ ophon Hithin twenty years from the date of this
htortgage, may make Future Advance~ to Borr~~wer Such Future Adv:in~rs, with interest ~hereon, shall hc s;.~~-~~+ by this
Mortgage when evidenced b~• promi~son• note. ~tating that ,:iid note~ arc ,ecured hereby. At no time shall the principal
amount of the indebtedness secured by ~hi~ Murtgage, nut ~ncluding ,um~ ad~anced ~n accordance herewith to proteet tht
xcurity of this Mortgage, excecd the original amount of the Nate plus uss. ..........33,,600..OQ,
22. Rele~sr. Upon payment of all sums secured b~ th~s Mortgage, l.ender sh~ll releas~ this Mortgage without cbarge
to Borrower. Borrower shall pay all costs of record~UUn, if an~.
23. Atto~nt)•'s Fets. As uscd in th~s Mongage and ~n the Note. "attorney'ti fees" shall include a!tomey's fets, if any,
which may be awarded by an appellate court. ~
IN WITNESS WHEREOF, Borrowcr has exrc ~ Mort ge.
~
Signed, sealed and delivered ~ ~ ? S
in the presence of:
CI~RL~S A. II2NS'T~ JR.
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" * ~ ' u -
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/ ZO~f' -
- - - (Seal) ~
STATE OF ~ PENNSYLYANIA ~ County ss: •
I hereby certiiy that on this da}~. tkfor~ m~, an oftirrr ~iul~ authorize~i in the ~tate aforesaid and in the couniy
aforesaid to take acknowledgements, personalh appear~d ~
C~ARLFS A. F~I~tS'T, JR . A MARRI ID MAN
~
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' , to me knuw~n tu b~ thr p~r~un(sl described in and who executed the
t foregoing instrument and acknow~leeigr~l befur~ me that Borrower ~recut~d thc same for the purpc~se therein
; expcessed.
A
~ W~TNESS my hand and official ti~al in the ~~~unt} arui ~tat~ af~~resai~l this • /Y day of
~ _ _ APRIL , 19_ __$3_ .
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My Commission ex ~res:~F . _,~..:;~F i' / ~ ' ~ .
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