PA-03252BG free printable template

Pennsylvania Mortgage on Pre-Existing and New Indebtedness This Mortgage the Security Instrument is given on date. The Mortgagor is name of street address city county Pennsylvania zip code hereinafter called the Borrower. This Security Instrument is given to Name of Lender of street address city county Pennsylvania zip code hereinafter called Lender. Borrower owes Lender the principal sum of. This debt includes the present Loan of and past Loans from Lender to Borrower and is evidenced by...Borrower s Note dated the same date as this Security Instrument the Note which provides for number monthly payments with the full debt if not paid earlier due and payable on date. This Security Instrument secures to Lender a the repayment of the debt evidenced by the Note with Interest and all renewals extensions and modifications b the payment of all other sums with Interest advanced under Section 7 to protect the Security of this Security Instrument and c the performance of Borrower s...covenants and agreements under this Security Instrument and the Note. For this purpose Borrower does now mortgage grant and convey to Lender the following property described in Exhibit A attached hereto and made a part hereof and located in name County Pennsylvania which has the address of the Property Address Together with all the improvements now or to be erected on the property and all easements rights appurtenances rents royalties mineral oil and gas rights and profits water rights and stock...and all fixtures now or to become a part of the property. All replacements and additions shall also be covered by this Security Instrument. All of the foregoing is referred to in this Security Instrument as the Property. Borrower covenants that Borrower is lawfully seized of the estate conveyed by this that the Property is unencumbered except for encumbrances of record. Borrower warrants and will defend generally the title to the Property against all claims and demands subject to any...encumbrances of record. Borrower and Lender covenant and agree as follows Note dated date with an initial principal amount of due on date and any renewal of the Note and any other Note account debt or obligation whatever of Mortgagor whether the obligation is primary or secondary now or later owned or held by Mortgagee or the holder or assignee of this Mortgage. Payment of Principal and Interest Prepayment and Late Charges Borrower shall promptly pay when due the Principal of and Interest on the...debt evidenced by the Note and any prepayment and late charges due under the Note. Funds for Taxes and Insurance A. Subject to applicable law or to a written waiver by Lender if Lender so requests Borrower shall pay to Lender on the day monthly payments are due under the Note until the Note is paid in full a sum the Funds equal to onetwelfth of a yearly taxes and assessments that may attain priority over this Property if any c yearly hazard insurance premiums and d yearly Mortgage insurance...premiums if any. These items are called escrow items. Lender may estimate the funds due on the basis of current data and reasonable estimates of future escrow items.