HomeMy WebLinkAbout0961 Form 19i A Paye 3 d~ 1
prior to entry of a judgment enturcing ihis !~1~~r~gage it ~a) Borrower paq~ l.ender all sums wh?ch v?•ould be then dut under
this Mortgagt, the Note and notrs securing Fulure Advanre~, ~f any, had no acceleration a:curred; (b) Borrower cures
all hreaches of any other covenant~ or agreemrnts ~~t Borruwer ~onia~neJ in thie Mortgage: (c) Borrowtr pays all rcaso~able
e!cpensts incurred hy l.ender in enforcing the rovenants and agreements ~~f Borrower cantaintd in this Mottgage ar?d in
enforcing l.ender's remedies as provided in paragraph IR hereo(. ~ncluding, but not limited to, reasonable attorney's ftu; and
(d) Borrower takes such action as l.endrr may rcasunably reyuire to ascurr Ihat the I~rn of this Mortgage, Lender's interest
in the ProE+ert)~ and Borrower's obligation w pay ~he sum> >ecured h~ this ~lortgage ~hall conlinue unimpaired. Upon such
paymrnt and cure by Borrower, this ~lortgage :?nJ the obl~gati~,ns secured hereb}• ,h.,ll remain in full force and effect as if
no accelerauon had occurred.
20. Assi~nment of Rents; AppoiMmeat uf Recci~er. .a. .~dJ~t~unal ,e~uni~ he~cundrr, Borrower horeby assigns to
i.ender the rcn~s of the Property. pro~idcJ tha! Aurrrticr Shall. prior c~~ ac~eler.~tion undrr paragraph I8 he•eof or abandon-
ment of the Property, have the right to rollec~ and r~ta~n such r~nt. as the~~ bec~mr .1ue and pa}~able.
Upon accelerati.~n under paragraph I`t hereuf ~~r ahandunmrnt ~~f thr Propert}, Lender shall be entitled to have a
rtceiver appctiinted by a raurt to enter upon, take poLCC+,iun ~nd man.~ge the Propert~ and to collect ~h~ rents of the
Property, inrluding those past due .All rent. ~~~II«trd h~ the recei~er ~h~il rx applied first to payment of the costs ot
management of the Proper:~ ~nd ~uilrc[~.~n .~f rcnt., in~luJin~„ hut n.~r Inn~trd tu, rece~ver's fces, premium~ on rcceiver's
bonds and reasonahle attorne~'s fee~, anJ then to thr ~um> >ecure~i hy this Mortgage. The receiver thall tx liable to account
only for those rents actually~ received.
21. Future Ad~~ances. Upon reyuett b~ Borrow~r, I ender, at 1 cnder's opn~~n within twenty years from the date of this
Mortgage, may make Future Advanceti tu Borr~,wer Such Futu:e Advan~e~, with ~nterest thereon, shall tse s~cured by this
Mortgage when evidenced bp promi~sor~~ note. stating that .aid note~ .?re ,ecured hereby. At no time shall the principal
amount of tht indebtedness secured b)~ thi~ ~lurtgage, nut ~ncluding ~umti ~d~•ancrd in :~ecordance hercwith to protee! tht
stcurity of this Mortgage, e~ceed the original amount ot the Note plus [~ss. 33,6Q0.00
22. Rdeast. Upon paymcnt of all sums secured by this Norigage. LCnder shall release this Mortgage without chuge
to Borruwer. Borrow•er shall pay all casts of re~or~:,t~on. ~f an~.
23. Attorney's Fets. As uscd in this Mortgagr and ~n lhe tiute. "atturne~'s fees" shall ~nclude attorney's fees, if any,
which may be awarded by an appellate court.
IN WITNESS WHEREOF, Borrowcr has e~c - t is ~ r agc. .C~\
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Signed, sealed and delivered . , ~•1 ~
in tht Dresence of :
CF3ARLFS A. F~1ST~ JR.
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STATE OF 1Qc~C PENNSYLVANIA ~~~~:~.c~~~.ti~ co~~~y~ u: ~
I hereby certify that an this day, ~fore mc, an uffic~r Jul~ authoriz~J in the state aforesaid and in the county
aforesaid to take acknowled ements, p~rsonall~~ appearc~i
Cfi~1RI~ES A. F~'T, A MARRIID MAN
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~ , to me kn~>w•n te~ th: th~ ~ r~<~n ( s) described in and who executed the
~ foregoing instrument and acknowle~lg~~! befurr me that B~~rrower ~xe~uted the same for the purpc~se therein
a ezpcessed.
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WiTNess my hand and official i~at in the ~c~unt} anJ ~tatr aforesaid this _1_-__ _ day of
APRIL - - . 19_83 _ .
My Commission ezpues: ~ , '
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