title search report (bucks county real estate index … · title search report chem-faby inc....

194
Bucks County Public Access Page 1 of 1 Bucks (^ttlf * CMD .FR COUNTY OF BUCKS. PUBLIC ACCESS SYSTEM BOARD OF ASSESSMENT REAL ESTATE INDEX .TUROG * PARCEL ID » « * OWNERS LAST NAME * PROP SITE » MOV PARCEL ID / PROPERTY SITE » « -08005001-001 « 000320 BROAD ST ~» « -31036278 « 000027 PLUMLY.WAY •» « -22062013 « 000034 CURRY HILL RD »; « -05043195 •« 0 0004 6 'ORCHID LA » « -22013170 « 000131 S HAWTHORNE AVE » « -15052012 « 000850 WYNNEFIELD DR » « -09020140 « 003004 BIRDIE LA « -06063069 .004219 MILADIES LA TRANSMIT FOR NEXT PAGE :« *BOOK / :« » « OWNER NAME TUROG PROP TUROWSKI RAYMOND L & LISA M • TURPYN JOYCE A TURPYN MARK L . TURRELL ERIC ' tURRISI .MICHAEL L & LAUDONiA TURRIZIANI DIANE TURRO STEPHEN A CMD=(RT,LR,FR,BR) PARI 1260 DATE: 05/31/11 TIME: 17:59 :« PAGE » <• BOOK PAGE 4827 0.268 0475 0062 6126 1557 59.82 23 37 . 0408.2323 . 5098 2148 5301 0749 1132 2186 XMIT - - > »: « Transmit Quit Exit SDMS DocID 2129159 http://pubaccess.co.bucks.pa.us/autoform.asp 5/31/2011 AR000456

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Page 1: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Bucks County Public Access Page 1 of 1

Bucks (^ttlf

* CMD .FR COUNTY OF BUCKS. PUBLIC ACCESS SYSTEM

BOARD OF ASSESSMENT REAL ESTATE INDEX

.TUROG

* PARCEL ID » «

* OWNERS LAST NAME

* PROP SITE »

MOV PARCEL ID / PROPERTY SITE

» « -08005001-001 «

000320 BROAD ST

~» « -31036278 « 000027 PLUMLY.WAY

•» « -22062013 « 000034 CURRY HILL RD

»; « -05043195 •«

0 0004 6 'ORCHID LA

» « -22013170 « 000131 S HAWTHORNE AVE

» « -15052012 «

000850 WYNNEFIELD DR

» « -09020140 «

003004 BIRDIE LA

« -06063069 .004219 MILADIES LA

TRANSMIT FOR NEXT PAGE

:« *BOOK

/

:« » «

OWNER NAME

TUROG PROP

TUROWSKI

RAYMOND L & LISA M

• TURPYN

JOYCE A

TURPYN

MARK L

. TURRELL

ERIC

' tURRISI

.MICHAEL L & LAUDONiA

TURRIZIANI

DIANE

TURRO STEPHEN A

CMD=(RT,LR,FR,BR)

PARI 1260 DATE: 05/31/11 TIME: 17:59

:« PAGE » <•

BOOK PAGE

4827 0.268

0475 0062

6126 1557

59.82 23 37 .

• 0408.2323

. 5098 2 1 4 8

5301 0749

1132 2186

XMIT - - > »: «

Transmit

Quit

Exit

SDMS DocID 2129159

http://pubaccess.co.bucks.pa.us/autoform.asp 5/31/2011

AR000456

Page 2: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Title Search Report

Chem-Faby Inc. Doylestown, PA

Prepared for:

U.S. Environmental Protection Agency Region 3

Enforcement Support Services Hazardous Site Cleanup Division

1650 Arch Street Philadelphia, PA 19103

Prepared by: '

Chenega Integrated Systems, LLC 4651 Salisbury Road Quadrant 1, Suite 251

Jacksonville, FL 32256

Task Order Number: T.O. 0001, Site 20 Date Submitted: October 2, 2007 Contract Number: EP-S3-04-01 EPA Work Assignment Manager: Joan Martin Banks Telephone Number: (215)814-3156 Document Review Specialist: Elaine Marie Jones Telephone Number: (215)441-8441 Project Manager: Ilona Poppke Telephone Number: (215)491-7286

AR000457

Page 3: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

TABLE OF CONTENTS

1.0 PROJECT BACKGROUND 3

1.1 Site Location ..3

1.2 Scope of Work for Title Research. 3

2.0 SUMMARY OF DEED/TTTLE RESEARCH ............4

2.1 Current and Past Ownership History 4

2.2 Adjacent Properties 5

2.3 Mortgage and Assignments ,7

• 2.4 Rights-of-Way and Easements 8

2.5 Lease Agreements 8

2.6 Liens/Judgments 8

2.7 Tax "Records/Tax Assessment Information. 8

2.8. Recommendations • 8

3.0 TITLE TREE ;........ 9

Attachments

I Site Deeds and Assessment Data

n Adjacent Property Deeds and Assessment Data

in Mortgages and Assignments

IV Rights-of Way and Easements

V Tax Parcel Maps

4

AR000458

Page 4: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

1.0 PROJECT BACKGROUND Chenega Integrated Systems, LLC (CIS) received Task Order 0001, Site Number 20, from the U.S. Environmental Protection Agency (EPA) Region 3 office, under the Enforcement Support Services/Community Involvement Contract Number EP-S3-04-01. The purpose of this Technical Direction Document (TDD), Amendment Number 2, for the Chem-Fab Site (the "Site") is to update a prior deed and title search that was performed under a previous contract. This Title Search Report summarizes Site ownership for the past 40 years. The EPA Work Assignment Manager (WAM) also tasked the Document Review Specialist (DRS) to conduct research on the Doylestown Rivet and Machine Company, Doylestown Store and Lock, and El Paso Incorporated, to determine if they ever owned property adjacent to, or in close proximity of the Site.

1.1 Site Location

The Site is located in the Borough of Doylestown, Bucks County, Pennsylvania. The address of the Site is 300-360 North Broad Street, Doylestown, Pennsylvania. The size of the parcel (lot) is 222 feet by 214 feet. The property is identified as Tax Parcel Number 8-5-1-1. . , ., '

The Site is bound by Broad Street to the east, Parcel Number 8-5-1 to the south. Parcel Number 9-9-46 to the north and Parcel Numbers 8-4-282-1, 8-4-282-2, and 8-4-282-3 to the west.

1.2 Scope of Work for Title Research

In accordance with the Scope of Work for this TDD, and through deliberations with the EPA WAM, the DRS conducted research for the following information:

• Deeds/title instruments confirming present ownership of the Site property and ownership of the property for the past 40 years;

• Deeds identifying the current owners of properties adjacent to the Site;

• Ownership of property by the Doylestown Rivet and Machine Company, Doylestown Store and Lock, and El Paso Incorporated that is in the vicinity of the Site;

• Mortgages/Assignments (Current);

• • Rights-of-Way and Easernents;

• Lease Agreements;

• Liens/Judgments;

• Tax Records/Tax Liens;

• Tax/Parcel Maps.

, The DRS conducted the title research at the Bucks County Office of the Assessor, the Bucks County Recorder of Deeds Office, the Bucks County Tax Office, and the Bucks County

AR000459

Page 5: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Planning Office. All offices are located in the Bucks County Courthouse located on 55 East Court Street, Doylestown, Pennsylvania 18901.

2.0 SUMMARY OF DEED/TITLE RESEARCH

The DRS obtained all title documents filed in the past 40 years for the Site property. The research determined that the current owner of the Site is Turog Properties Limited. The Site is comprised of a lot that is 222 feet by 214 feet (47,508 square feet). The current deed for tlie Site property is dated October 21, 2005. The deed was recorded on February- 2, 2006. When recorded, the deed assigned .Instrument Number 2006016843 and is also recorded in Deed Book 4827 at page 268. The Site address is 300-360 NortJi Broad Street, Doylestown, Pennsylvania. The Site is known as Tax Parcel Number 8-5-1-1.

2.1 Current and Past Ownership History

Current and past ownership history' for the Site for the previous 40 years is summarized in reverse chronological order in the chart below.

Parcel Number 8-5-1-1

;||||||M:Rtii||i^||

300 North Broad Street, Ltd., Grantor,

Owner and Mortgagor

Tax Claim Bureau, of the County of Bucks,

Pennsylvania, as trustee

. Chem-Fab Corp., a Pennsylvania corporation

Doylestown Rivet and Machine Co., Inc. a

Pennsylvania corporation having its

principal place of business at 266 North

Broad Street, Doylestown, Bucks

County, Pennsylvania

||i::;;||priiili;:?:;|f: ^

Turog Properties Limited, Grantee and

Assignee of Mortgage in Default

300 North Broad Street, LTD., Box

171 Carversville, PA ,18913

Chem-Fab, Corp., a Delaware

corporation

Chem-Fab Corp., a Pennsylvania

corporation having its principal place of

business at 300 North Broad Street, Doylestown, Bucks

County, Pennsvlvania

IS^Iiiii October

21, 2005

May • 27,

1999

September 6,

1967

June 2,

1967

|iB||||||; Februarv

2, 2006

June 3,

1999

October 18,

1967

June 22,- .•

1967

Book/ iiiiii

4827/ 268

1849/ 123

1879/ 190

1866/ 930

|||:;i|:;:^;|||i|||y||||

Document is a Deed in Lieu of Execution.

Also recorded as Instrument Number

2006016843. Tax Claim Bureau Deed.

Property was acquired by the Grantee at an Upset Sale held November 10.

1998. Parcel contains 1 and 79/100 acres of land.

Parcel contains I and 79/100 acres of land.

AR000460

Page 6: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

2.2 Adjacent Properties

The DRS' research revealed the following adjacent property information, which includes past ownership details for the Doylestown Rivet and Machine Company, Doylestown Store and Lock, and El Paso Incorporated. ' •

Parcel Number 8-5-1

!|l|i|pfi|iiii:i

wEI9§m^ Inertial Motors

Corporation, Inc..

1 Bucks County Industrial

•Development • Authority

1 Doylestown Rivet & Machine Co., Inc.

1 Mae C. Dearing, widow

Marion A. Gelsebach, widow

iiiiiiliii|lii;||||h

Tilley Family Limited Partnership,

•L.P.

Inertial Motors Corporation, Inc.

Bucks County Industrial

Development Authority

Dovlestown Rivet & Machine Co., Inc.

Doylestown Rivet & Machine Co., Inc

iiiiileiii:; i|:::l|l||

May 23. .

. 1995

March • • L • •

1990

August 29,

' 1974

March . 13,

1970

April 23, 1963

iijiiiiiiii^ ;i|;p|llli|:;:

August 23,

1995

November 12,

1992,

September 4,

1974

Unknown

Unknown

Book/ iiilll^^

1108/ 140

563/ 2288

2139/ 780

1961/ 666

1707/ 307

;;si|i;;iiiiiliiiii:iiii;i;;;ii

^ ^ i- . . ^ ^

. Parcel that borders the Site on the south. Parcel Number

8-5-1 (part) Premises A.

Lot 3 contains .7986 acres of land and Parcel Number

9-9-46 (part) Premises B

Lot 2 contains 3 acres of land.

Parcel Number 8-5-1 (part) Premises A

contains .7876 acres and Parcel Number 9-9-46 (part) contains 3 acres.

Parcel Number 8-5-1 (Part)

Premises A contains . .7986 acres and Parcel Number

9-9-46 (part) Premises B contains 3

acres. Premises B

No deed copy (mentioned in prior Deed 2139/780).

Premises A No deed copy (mentioned in prior Deed 2139/780). '

AR000461

Page 7: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Parcel Number 9-9-46

^^•i'iiilii ll tbr

Doylestown Store & Lock, a Pennsylvania General Partnership

Jeffrey Shaak

El Paso Incorporated

Doylestown Rivet and Machine

Company, Inc.

1.:.^.'||||iit|^||il |ii:::||i|iren||:||

Extra Space of Doylestown, LLC (a Delaware Limited

Liability Company)

Doylestown Store & Lock

Jeffrey Shaak

El Paso Incorporated

October 29.

1999,

Februarv 19, •"

1985 . September

28. 1982

Febaian' 8, "

1979

•^ . . • . : . . . .;... . .:•..... . . . . . • . • . • . . . • . — ~ — 7 -

|::|iat||J

October 29,

1999

Februar>' 20,

1985 October

12, 1982

Unknown

952/ 2096

2599/ 225

2478/ 647

2324/ 818

^ ^ 7 7 - . • . • . • • • • . • • . . ' ~ . : . . . . . . . . . . . . . . . . . . . . . . . . . . " . - • . • . • ' ' • . . - . . — = r :

Parcel that borders the Site.on the north.

None

None

No deed copy " (Mentioned in prior Deed

2478/647).

Parcel Number 8-5-2

• m t : m V t i m : - - ^ y - ••.::•.

iiiiiiiiiiiganito

Doylestown Rivet & Machine Co., Inc.

Peter Ference and Josephine Ference,

his wife

a m i ^ S : ; : ; i ; : ; ^ : • ¥ ; : ^ . :;:::::::;:::•:••?:;•;:. .:;•.:;

;;;;;:|l|;i|ia||ti|C?

||||;|j;|rPSil:--.l Joseph Braman and Bemadette Braman,

Doylestown Rivet & Machine Co., Inc.

iiiiiiillill November

15, 2004

Februars' 1,

1961

:ii:ili|j3d-i|-IllllilPiil

December 6,

2004

Februarj-2,

1961

Book/ l.:-i^iii:

4238/ 2017

1584/ 65

:!;i|l;/?Oi: =Npie

Parcel is situated south of the Site, and borders Parcel Number 8-5-1.

Deed contains..958 acres.

No deed copy (Mentioned in prior Deed

4238/2017),

AR000462

Page 8: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Parcel Number 8-5r3

iiiiiiii^liitciiiiiiii ililiiiii' ii^iiiii iiliiii^l iMiaMiMi&&MmkM

Dovlestown Store & . Lock

Bernard M. Eiber, Executor of the Estate of Anna

Yarmark, deceased

iiiiiiiiiiriiliiiii ii;! iii'iitpiiiiil^iiiiiii MS§mmS!K§

Tri Partners, L. P.

Doylestown Store & Lock

iiliiii^ii mMsMM

July .. 11,

2000

April 12,

2000

iiiiiiiidii ^ iiWPIiii

July 21,

2000

April 18,

2000

Book/ :-:i:liiii

2095/ 1625

2041/ 1992

i|iP: liiiPlilli;-i; :iiii: ::x:-::::'-i-:-x::::::^:::;::;^^^ ' • ^ • ^ ' ^ ^ • ' • : - - ^ ^ - ^ - . : '•••::::::::

Parcel is situated south of the Site, and borders

Parcel Numbers 8-5-1 and 8-5-2.

Contains 8.955 acres. . Contain 8.955 acres

Deed contains Hazardous Substance and Hazardous Waste Disclosure and site

figure layout.

2.3 Mortgages and Assignments

The following is a list of those mortgages and assignments that were found for Parcel Number 8-5-1-1 in date order of newest to oldest. Copies of instalments listed are found in Attachment 111. For'Parcel Numbers 8-5-1 and 9-9-46, all mortgages have been satisfied in 2004. Satisfied mortgages are not listed in this chart. Due to the recent time frame for those mortgages, copies of the Assignments of Mortgages and Mortgages as well as the Satisfaction Instruments are.found in Attachment III.

|||ili\ili|i|||i||;H: liiHij^gjaiiiii

HcN wood Becker and Karin Becker, the

Assigning Mortgagee and Assignor

The Broad Street Taist, the Assigning

Mortgagee and Assignor

|||ii:lli|ig|i|i|i|| :i:|lii| | |a|ii| |i |

Turog Properties Limited, the

Assignee

Heywood Becker and Karin Becker, his wife, the Assignee

:iii:iiliiii ;r|lii|i:||

October 4,

2005

October 4,

2005

:ii;i^iloidll :||i|||||i

Februars' 1,

2006

February • 2,

2006 ,

Book/ |;ligp|

4825/ 210L.

4826/ 8887

WiMlS^SKMIm

Parcel Number 8-5-1-1 Assignment of

Mortgage $679,638.00 for 300-360

N. Broad Street as per Deed 4609/1401 of September 2, 2005

Term: Sell for $1.00 , Parcel Number 8-5-1-1

Assignment of Mortgage

$200,000.00 for 300 N. Broad Street aka #300- . 360 N. Broad Street as

. per Deed 1640/717 of July 31, 1998

Term: Consideration sum ofSl.OO.

AR000463

Page 9: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Mortgagor, 300 N. Broad Street, Ltd.

Heywood Becker and Karin Becker

Chem Fab, Corp., the Mortgagor

Mortgagee, Heywood Becker and

Karin Becker

The Broad Street Trust, the Mortgagee

January 5,

2005

July 31,

1998

September . -2 ,

2005

July 3L

1998

4609/ 1401

1640/ 717

Parcel Number 8-5-1-1 Mortgage

$679,638.00 for 10 years and 10% as per Deeds

1879/190 of 10/18/67 and 1849/1123 of 5/27/99.

Parcel Number 8-5-1-1 First Mortgage Lien

300 N Broad Street for $200,000.00 for20years.

at 8% interest.

2.4 • Rights-of-Ways and Easements

The DRS' research revealed a "Right of Way Indenture" from Chem-Fab Corporation to the Bell Telephone Company of Pennsylvania that was associated with Parcel Number 08-005-001-001 for 300 North Broad Street. This document is attached to this report under Attachment IV.

2.5 Lease Agreements

The DRS' research did not reveal any leases associated with the Site property.

2.6 Liens/Judgments

The DRS' research did not fiiid any liens/judgments associated with the Site property.

2.7 Tax Records/Tax Assessment Information

The assessriient information for each parcel can be found on the assessment data sheets that appear before .the current Site Deed in Attachment I. . • • . .

2.8 Recommendations

The DRS makes no recommendations at this time:

AR000464

Page 10: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

3.0 TITLE TREE

Doylestown Rivet and Machine Co., Inc.

June 2, 1967

Chem-Fab Corporation (Pennsylvania Corporation)

Deed Book 1866, Page 930

Iz September 6, 1967

Chem-Fab Corporation (Delaware Corporation)

Deed Book 1879, Page 190

May 27, 1999

300 North Broad Street, LTD.

Deed Book 1849, Page 123

(Tax Claim Bureau Deed)

iVOctober 21, 2005 . j - ; . ::

TurpgPropertiesLimited; ; .

• Deed Book 4827, Page 268^; . '

(Also recorded as Instrument.Number ••;:: 2006016843)

AR000465

Page 11: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Attschrnpnts

AR000466

Page 12: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Site Deeds and

Assessment

AR000467

Page 13: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Parcel Number

8-5-1-1 Accoccmoni"

AR000468

Page 14: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Bucks County Public Access fage 1 ot 1

Bucks Coiikly

•' c3-ro-> »•

"PARCEL » OB PROP SITE OfJNER

.ATTENTION lAND US;E LEGAL DESC DEED DATE SALE PRICE R.S.SF..SSMENT EST. TAXES --ESTIMATED YEAR BUILT;

~ COUNTY OF BUCKS PUBLIC ACCESS SYSTEM FARM . 07 62 BOARD OF ASSESSMENT / REAL ESTATE DATA DATE: 09/26/07

INDUSTRIAL PROPERTY DESCRIPTION TIME: l.fj:24

« » « FL CRD » 01 « OF 03TAX ST: TAXABLE 000300 BROAD ST MUH: DOYLESTOWN BORO TUROG PROP, . . , • . P 0 BOX, 78, QUAKERTOWN P.A 18951 • ' '

3325 1-ST WHSE/MFG UP'TO 25,000 SF - NOT IN PARK SS N BROAXi ST 673' W OF DOYLE ST 222X214 10/21/2005 BOOKl: 4827 PAGEl: 026a B00K2: PAGE2:

1 STAMP: SCK DIST: C.BUCKS

[TTransmlt j

Quit

Exit

COUNTY 1 1 1 7 . 2 9 MUN TOTAL

4 4 5 . 5 5 SCHOOL 5 3 9 0 . 9 0 5 0 , 9 2 0 TOTAL

ACT: . 6 9 5 3 . 7 4

T.AXES ARE CALCULATED ON THE LATEST MILLS AND ASSESSMENTS AVAILABLE — 1972 OVERHEAD DOORS: 0 ELEVATOR:' NO BASEl-ffiNT: NO

STORY HEIGHT: 1 GROSS SQUARE FEET: 10896 WALL HEIGHT; 12 •per INTEKiOK i lN lSHEO: 100 SPRINKLER: NO

T-PVLL CONSTRUCTION: CB HEATING: YES AIR CONDITIONING: YES PLUMBING: YES OTHER YARD/BLDG3: NO

TRANSMIT TO FORITIARD CMr)=(SR,FR,RT,TR) XMIT-> » «

h t tn - / /A d 1 ^<; 748/01 i to f rv rm ncn 0 / 9 ^ / 9 0 0 7

AR000469

Page 15: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

4Q Tl "7

268

AR000470

Page 16: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

BUCKS COUNTY RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 (215)348^09

Instrnment Number - 2006016843 Recorded On 2/2/2006 At 2:10:47 PM

* Instrument Type - DEED Invoice Number-115864 User-KLJ

* Grantor - THREE (300) N BROAD STR L T D * Grantee - TUROG PROP * Customer - K BECKER • P E E S

RECOHOZRQ FEES $ 4 6 . 5 0 TOTAL $46.50

'Total Pages-4

This is 8 certification page

DO NOT DETACH

Tliis page is now part of this legal document.

RETURN DOCUMENT TO; KBECKER

I hereby CERTIFY that this documant la racordad In tha Racordar of Daada Offlca of Bucks County, Pannsyivanla.

Book: 4 8 2 7 Page: 2 6 8

dward R. Gudknacht Racordar of Daada

* - Infomutloa deaoted by an aiteriik may change during the yeriflcation proceu and may not be reflected on thli page.

03B7C6

Print Job; EJONES - 08/02/2007 9:26:37 AM BUCKS COUNTY lnst.# 2006016843-Page 1

AR000471

Page 17: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Prepared By: Michael Foster J^etum To: Turog Properties c/o Michael Foster PO Box 78 Quakertown, PA 18951 CPN# 8-5-1-1

DEED IN LIEU OF EXECUTION

KNOW ALL MEN BY THIS DEED IN UEU OF EXECUTION dated Octotier 21,

2005, given by the Grantor to the Grantee, as follows:

300 N. Broad Street, Lid.,

the Gmntor, Owner and Mortgagor, to

turog Properties Limited,

the Grantee, and Assignee of the subject Mortgage In Default,

and their successors and assigns for $1.00 and other good and valuable

consideration whereby the said Grantor hereby convey, grants, and sells the

following described real property to the Grantee in lieu of execution of the subject

mortgage in default, the said mortgage in defeult being dated January 5, 2005,

and recorded on September 2, 2005, in Book 4609, page 1401 in the Office of

the Recorder of Deeds for Bucks County, and assigned to the Grantee by

Assignment of Mortgage dated October 4,2005, and recorded on Feboiary 1,

2006, in Book 4825, page 2101 in the Office of the Recorder of (Deeds for Bucks

County, and the real property made subject to the mortgage in default is

described as:

ALL THAT CERTAIN tot or piece of ground situate in Doylestown

Borough, Ss N. Broad Street, 673' W. of Doyte street, having a lot size of 222 x

214, more particularly described in Deed to Chem Fab Corp., P.O. Box 123,

Revere, PA 18953, dated 10/18/67 and recorded in the Office of the Recorder of

Deeds in and for Bucks County, in Deed Book 1879, page 190;

Print Job: EJONES - 08/02/2007 9:26:37 AM BUCKS COUNTY lnst.# 2006016843 - Page 2

AR000472

Page 18: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

ALSO KNOWN AS Bucks County Unrfprm Parcel Identifier.

Tax Map Parcel &-5-1-1;

BEING the same real property purchased by the Mortgagor, 300 N. Broad

Street, Ltd. by deed dated May 27,1999, and recorded in the Bucks County

Recorder of Deeds Office at Book 1849, page i 123;

TO HAVE AND TO HOLD the sakJ lot of land with the Improvements

thereon erected, and the appurtenances thereto, for the uses and purposes of

the Grantee, their successors and assigns forever;

UNDER AND SUBJECT TO all mortgages and liens of record.

IN WITNESS WHEREOF, the Grantor, a Pennsylvania limited

partnership, has caused this Deed In Lieu of Execution to be executed under

seal by the trustee of their General Partner, a Pennsylvania trust as follows:

COMMONWEALTH OF PENNSYLVANIA, COUNTY OF BUCKS, SS:

On this, the ^/*<;<*^day of Febmary, 2006, before me appeared Heywood Becker, personalty known to me or satisfactorily proven to t>e the person hereinabove named, who represented that he is the trustee of Broad Street Trust, the General Partner of 300 N. Broad Street, Ltd., a Pennsylvania limited partirtership, and who represented tiiat he has the power and authority to execute this deed on behalf of the Grantor, and who acknowledged that he voluntarily executed the foregoing instrument for the purposes herein contained.

I certify that the precise address of the within named G •ante***''"'™ Bow., Bucks Coumy ^ My Commission Expires Decembef 20.2008 Post Office BoxX8, QXiakertowi, PA 18951

.TH OF PgNNSYLVAMA

NOTARIAL SEAL. MARJORtE MAYER, Notary Public

T J v t J . • ( ^ ' ^ " ^ " • . / — PagsL

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AR000473

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WV.IM IX K ^

^ & COMMOfWEAUH Of MNNJUVANIA

OIPAKXMtNTOFRIVENue to iHua or MiMvmuAL T A X U

HAMUSUJRa PA 1712»0M>3

REALTY TRANSFER TAX STATEMENT OF VALUE

$«• R«v«rs« for Inrtnictleiit

RECX>IIDttf 5 USE ONLY 1 S»of.TcD<foW / /

S«ek NiMrtMT ^ .

PogiNui ibw-

D c M K w o n M

Complata aadi laction and Ma In dupl?eata wHh Racordar of Daadi vi^en (1) tha Fujt volua/oonildaration U net ««t forth tr) the dead, (2) when the deed Is wMiovt contidarotion, or by gift, or 13) a lax axamptlon l i dolmad. A Statement of Value It not required If the tranifar It wholly exempt h-om tox boiad on-. { \ ) fqitilly falgtlonihlp or (2) pubBc utllHy aawwent. If mora tpoce \\ needed, oWoch oddWonol theetlt).

A CORRESPONDENT - All Inqulriat may b. dlwct<d to the followinn perion; NORM

StTMt Addrt i i \ ^ ^ j u ^ \mi^ • m • e ^

~ '. 5 ty i ~ T StoS

Ttl*phon« Number:

Stat6 Zip Cod*

^ ^ B TRANSFER DATA

Ofaiitor(ft/Uiior(i| R 1 » < \ i

3<30 i l l . •!J7y O«4) i V ^ n . ^ V W V < I

Dcrteet

^ . jment ' ^

GranlM(i)/UMM(t{

StTM* Addri i i - f oniMlIJfMMWtll . / 1 \ /

^-0 ^4 ;9y \'yo city \ SlQte zip Cod* City J 7 " " i Slat* Z)pCod«

PROPERTY^LOCATION SlTMt Addrvu

County

MAddrvu j I City, Townihto, Borovgh ~I j

i i v i S d w o l Dl i t r ld . T l I Tax Poretl Numhar ^ School Pl t t r id I . • Tax Poretl Numbor

%Mi VALUATION DATA

I . Atttiol Coih Conildcration 2. Other Co<iild«nHion

+ 3, Total Conildarotlon

" ^ - ^ ^ ^ ^ 4. County Aij*(«*d Valu* j . Cofflroon lev«l Ratio Factor 6. Fair Mari(*1 Volu*

1 EXEMPTION DATA ^%n^z. ^

l a . Aino«nt at ExMiiptionOaliiMd lb. Parontog* of Intontt Convsytd

2. Check Appropr ta te Bex Batow for Exampt lan Cla imed

L I w i l l or inteitota weceulon . (Horn* of 0«<wlwll (EtMla HI* Nunb«t)

1—1 Trantfer to Induitrtal Development Agency.-

L J Trantfer l o a trust. (Attach complete copy of trvtt agreement Identifying all beneficlorlei.) \ ' ^ '

L J Transfer between principal and agent. (Attach complete copy of agency/ttraw party ogreemant.)

L- l Trarktfer* to tha Commonwealth, the Unhed^Sttrtei and InttrumentolMes by gift, dedlcotton, condemnotion or tn llev of condemnation. (If condemnation or In lieu of condemnation, attach copy of resolution.)

! i ^ 0 3 _ , P a g . N u m b e r n ^ Transfer from ntortgogor to a holder of a mortgage In dafcwh. Mortgage Book Number.

L J Corrective or conflrmolory deed. (Attoch complete copy of the prior deed being corrected or confirmed.)

L J Statutory corporate oontoltdallon, merger or divl i lon. (Attach copy of artldei.)

L J Other (Please explain exemption dalmed. If other than Kited above.) _ : \ . . '. :

' ^ r yi?' W , I dadf l ia tha t I have axamhtad Ihtt Statamanl , Indudlng oceompanylnfl InfemMrtfonf and to iha beat of m y knewiedge

} an '

P A I L U U TO M C O R D T H I

THIS F O f t M n t O P I R L Y OR A H A C H APPLICABLE DOCUMENTATION M A Y RESULT I N THE RECORDER'S REFUSAL

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AR000474

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L/ % (y c i I d ^ vi«

AR000475

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T h i s D e e d , made this o ( l day of 19 91 between the TAX CLAIM BUREAU, of the County of Bucks, Pennsylvania, as trustee, GRANTOR, 300 N. BROAD STREET, LTD,, Box 171, Carversville, PA 18913, his. her, their j or its heirs, assigns and successors, GRANTEE. j

s •••

fVitneSSethf that in consideration of Thirty Thousand One Hundred Nine 1 Dollars and Ninety-Nine Cents ($30,109.99) being the highest bid at Upset Sale, in hand paid, thej receipt whereof is hereby acknowledged, the said Grantor does hereby grant and convey unto the \ said Grantee, his, her, their heirs, assigns and successors, in accordance with the Real Estate Tax I Sale Law of July 7, 1947, P.L, 1368, as amended, (72 P.S. 5680.101 et seq.) |

ALL THAT CERTAIN lot or piece of ground situate in Doylestown Borough, j Ss N. Broad Street, 673' W. of Doyle street, having a lot size of 222 x 214, more particularly \ described in Deed to Chem Fab.Corp., P: O. Box 123, Revere, PA 18953, dated 10/18/67 and | recorded in the Office of the Recorder of Deeds in and for Bucks County, in Deed Book 1879 I page 190, ' . . I

ALSOKNOWN AS BUCKS COUNTY UNIFORM PARCEL IDENTIFIER: j TAX PARCEL 8-5-1-1. !

4

t

Being the property formerly owned or reputed to be owned by Chem Fab Corp. j same having been sold under authority of the provisions of the said Real Estate Tax Sale Law, 1 (after advertising according to law, the redemption period having expired without the property i having been redeemed, or any tax judgment: entered not having been satisfied, or no agreement toj stay the sale having been entered into, or the within property no longer remaining in possession ofl a sequestrator) at an Upset Sale held November 10,1998, confirmed by the Court as of No. 98- i 006311-20-6 on March 26, 1999, in the Court of Common Pleas of Bucks County^ Pennsylvania \ under and by virtue of the Real Estate Tax Sales Act of 1947, as amended. j

I n W i t n e s s W ^ e r ^ O / i said Grantor has hereunto caused this Deed to be j executed by its Director the day and year first above written. , .

TAX CLAIM BUREAU OF BUCKS COUNTY, TRUSTEE 1

Director

|Jii8lf9 PGl 123

« j 58910 06-03-99 09:i6COO4 130985

PA TRflN TAX S1397.69 DYLSTWH BORO i *698.84 CNTfa. BCK SD ! S698,85

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AR000476

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COMMONWEALTH OF PENNSYLVANIA SS.

_, 19 /^before me, the Prothonotary

COUNTY OF BUCKS

On this, the 3 / day of _ of Bucks County, the undersigned officer, personally s^peared Angela Wiberley, Director of the Tax Claim Bureau of the County of Bucks, Commonwealth of Pennsylvania, known to me to be the person described in the foregoing instrument, and acknowledged that he executed the same in the capacity therein stated arid for the purpose therein contained.; .

IN WITNESS WHEIJEOF, I have, hereunto set my hand and. official seal.

g 5 i[<7.

z -^

en en

t ' ;

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•V. • S

^ '?• . ^^ ^

^ . • ;

A / K c.! P

.(L.S.)

CERTIFICATE OF RESIDENCE

X te I hereby certify that the precise, address of the Grantee herein is as follows:

^ P.O. Box 171, CarversvUle, PA 18913

. On behalf of grantee

o -co t o CD

A^^/ i^.

oo

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t

RECORDED in the Office for Recording of Deeds in and for Bucks County," Pennsylvania, in Deed Book , page .

" • • ^

WITNESS my hand and seal of Office this, day of _ . 1 9

cr*

T.M.P. .» ? ' * 7 ~ ^ 7 l \ Pag*.

^ - - — - T t a i i s f erred

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AR000477

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O/-7

age

AR000478

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Cotponiion V'tJ. Ns. HI, I1liit.« for u \ i llalj hr Jr^n c Clark Co. I l l ^ I . r«t\< HU* / *< r u l L

^ ^ day oi ^t'f-iie''*, U>r ia the year ol oat

Lord one thousand nine hundred end sixty-seven

tl^CtUtCCn'^HKM I'AD i.r';M',,"n Pemisylvanl . i r.OL-i>ornV.if.>n li.ivtnj i.ca p r i n c i p a l pl;:ci; of !iud1nv33 ;'.V 3C0 Worth Bi'i\iv1 jt:cj'5C, ^ o y l o s -

- A N D -

Clfl;H-f/Mi, CORP., a U^l/:ware Corporation, Grantee, P a r t / o f the Second Part ;

ITJlltnCiinCtlj^ rhanhftniH Party of the Kli'st Part

]"r nnii In cnnrltlrTBllon PI tho mm nl O.NEDOLlj\R ( $ 1 , 0 0 )

Icivliil nitififfy r)/ i/in L'niMrJ iinlc* of An\crlcn, unto i t irfU nni Irulf paid hy Iht laid

^

I ' . ircy o i t h e Sccomi P n r t • al iml Iw/nr* thttmUng anH JxUnry

vj 0\nt<i frrtrnit, thn retcipt ir/iorfo/ Ji hnrr.by m(hnijK\cilgf.d, h«8 jmrirtc!, hergittnrd, told,

nUrnril, tntcoffxd, r thottd nnd rvnprmml, and by thtfe prttenli doCR franl, barfaln, toll,

nUfn, cnjcpg, ri^ratu nnd fonfirm unio Iht taut P a r t y o£ t h e SCCOnd P o r t , I t S «iiccc.<i.sotr';

gnd nni ,(r} t t

AI.l. t'nar. ccrtnln pl-Ot, i ^ i c cc or parcel of land, with the b-jlldlnf.s arvd linprovomciits tlicrcon, situate, lyitiR find being In the Sorough of Doy.ler.tovTi, Ootincy of l!uckS| fl'id Stace of Pennsylvania, and miSre pnr-tlculrtvly dc.icrlbOd (jcconlin;; uc a survey and plan .mac'?. March 30, 1967, by Weisi?! (> Cili)'«cc, Kcpjsccrcd Surveybra, Doyle6to\m, PcnnayIvnni.o, 03 follows; to 'wit:

KPlGIHNirJc; «t fill iron .qpUe iiT the co (.'IS thr 3.11V.C wfl.i orlninnlly oponoti 3 i\i->rt;hwGSi of A sLocl nxlfi n.TCkinjj th Oi." Nor'h Drond and Doyle i'trcfits (me degrees West along tho. center line o remaining; lands of Uoylcscown Rlvot Che within (Jfscribcd pco.tv.ioca was a and 96/100 feet co an iron pipe a co S. Ucorini;, Jr. Thence along the s n And 59/100 Cccc to a corner, 'i'hcncc 56 minute.") Mast 21^ foot "co on iron center line of North firoad Street, of South kO degrees Knat 221 and 57/

ntcr line o: North .Sroad .Street, 3 feet wide) 673 nnd RA/lOO feet c intersection of the center lines caurnd on a courae of North Ay f Nortrh Broad Street). Thence by and Machine Co., Inc. of which part, South /il decrees W C B C 213 rncr in o line of land.* of Thomas id line North 49 degrees West 217 by the aame lands North 39 desrces Spike a corner In the aforesaid Thence along thn center line there-100 feet to the place of Beginning,

COHTAlh'lNG I and 79/lOOU acres of land.

BKI.NG p/irc of cho prcmiaco conveyed by Doylestown Rlvot (t Machine Co., Inc. to Chem t'nb .Cnrp.^ by deed dntod June 2 , 1967, and recorded In the offico of the U cyrdcr of Deeds of Bucks County in Deed Book No. 1866 , ? a c e 930. ".

Under nnd yubjcct to A first moctgcge to the Doyleecown Trust Company, .Doylestown, Pcnnsylvanifl, in the face aroun*; of $75,000.00 which the Grantee hereby asBumea and nsrees to pay.

)U87.<5-.I90

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d n y C t l j r r uWM (ill amJ .(n/fulnr <f.«

.' ueyt, m i n t , iraltr-toitnM, rijfhd, Uhtrtlrt , prUIUffi ,

lirri'diinmrnit niid nfi/iMrirflrriiim K^nl>nr»r I h t r m n l a hrlonflnfit "f '<t t t iy d ' ^ (ipptrlAfnlnfT, atvt

Ifir rrtcri>Ion* irnrl rr.ninlnr((<ri, rent*, Uttifi nnil profit* thtiTfnj\ nnd nil (A* eilnlf, right, |I(J«, <nti<r>

ftl, jir(ip(<r:v, riflim oni< rf<ir«nnrf Khnlioentr, n/ t h e PoX' ty o f t h o T l t S t P s t C

In Irtif, trjiiiiy, or AlAmrl«i> hninnriwr, e/, In, and Irt lh« <nin* and i t t j y part t h t r t o / , .

2ID l|nuc niift to Ijulft """"W

herrilHamenU and pr«mli#j herphy gmnlpil

iir mrnilnrifd and Intended to to hf, tttlh ihc nppiirtunonett,

iin(<. ifir .nW Partly of the Second-Part, i t s succeaflots and itiilftM, tn end for lh» t>nty

,,rM;.rr!..» mnl M,,.n/0/1^<. itW Pflfty of the Sccond Part , i t s successors

anil n f l f n i , /orri-rr,

i - ' V - 7 / U i "> TVrt li>n.l>f 11 »M luil.lt b.«

. - • * ) ^ \ r i . , ^ ^ i ( '

A l i r i '/i' "W PArty of tho First Par t , for i t se l f , i t s suoccasors *ftna Qsaicn.s _ ,

, J o by ihi <r prftrnti . rin'rnniu. grnni anil tf.'rri', 10 onri trilh llir told P n r t y o f t h c ScCOnd P . n r t ,

i t s siicccnsors

fid'i ,i«ii.i'ii.', iinif i t ifio inf>( Party of the First Part , i t s auaccssors and sasiflna ull rml .Infular

tt\v hrri'illfiiinrittA nntt f trrmhrt Iifrrln flhni-/> dctrr lhfd ftnd frnntrd^ fit mt*ntlrtttrd nnd Ihienilril

HI- Ui III, ullU Ihr a/iiitiNrn^n/Ti, iinIB ih t tnlil P f l r t y o f t l lC SCCOnd P o r t , i t s

• flticccssors . ' I nuiynt, nfiiiiui i t i/ii-.xifif Party of thc First Par t , their successors

a n d fl38ii;u.<i "

fifiil /tfifitntl nil nnit rt-rry firr>rn or fii^rinnt irhnrnforf^r Inirfiillv rlnimlntt ttr tn tlitim

ihr inmr «r riiv i-nri ihrrrnj, by, from or Under, him, her, them or any ol thctn .j.Mlnml,r(ll BY THESE PRESENTS

\ rAnnANT and forntfr OfiKf.'M).

,,^......2(1 \ U U l t C 9 9 XUI^cf^Ot. tKp inid Cnrpnrattttn hoi rfrturd thene present.* tn f.reftitfiit

'nnd Ittcliritmfin or tnrporitle tent hr t r ln ttffiird,

' • ] • '•''•.•• C K E H F A B C O R P .

•• ' • • " • • m — " J . v-.<

A m ' I

(f- <! ,. . ' / V , L'"~.^;~,r' .Jit,t.,. • • if •/• J

0.1.879-iyi

AR000480

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S l r r r l u c h , I'u. day u/ tha Hnio 0/ lfi« abava Injunliirn, 0/ the n'joixMinr.ieif P a r t y o f t h e Second Part, the within mBntioned consideration in Cull,

CHEM FAB CORP

By:

iB CORP.

f.<iirinH»rTirr<'f//i vj VfinnryU-tinlit

roun/r .1/ BUCKS

On tfiM, ihr 6 t h day of S e p t e m b e r , l!;67 ,/i«/nr(i mr, a N o t a r y P u b l i c d u l y c o i i t n i s s i n n e d i n and fo r s o l d Coun ty and Sfffi , t^„„ig„t^ „//;„,,

pcrtimnUr apprnrrd li . irCVn S , I ' o l l who nc^niiitlnJfril hlmtrll ( h t r t f ^ )

fo lin ilir P r e s i d e n t 0 / CHEM-FAB, COR?.

a curpprnllon, oiirl llmt hit <u nirh , btinf aiilhorlud In di> to, t j n m l t i

III* fore.fninf (lurrtimrnl jnr [hv (»r«r(Ki»fi Ihrrrin rantained by tlfnlnf Ihn nnmm nf th» rnrporallen

hy hlniirf/ (Urrttill) 01 P r e u l d e n t —•,,, ^

• ' , ' < Ift JFI7"iVEy,S WIIF.HKOF, I Aor« h t rmn ln f\ my fioni* and efllriol »wl. . ' , \>* >

'" • " V ' ' i i 4 ' • ' I- ' A

1. . •, . • ^ v

- ^

Thp a r id re .^3 oj tho t^thln nnmrd Cmnlna .

I. A'^k....A/,.„SAVV^^/..^;/:..... :..... X/<yA-J.TW..:).. .....f/v

yOn [ir'iiTt/ 6/ »ir/(< (,'riinlni

I hftfby certify that tn* ac l j j l cbnsidoratio/i 1$ not more than $100,

oo CO

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SB , - 1

I • o 5? = a 0 t j o

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<» » 'ji •H n T r-l rt >H

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2 { c r 0 ^ ^ l * ^ in l^i. 0 / ; ; r« /^r n e c a r r d n u o / D r c j . tn a n d / o r BlinWP C o u n t y '

In Dffil BODIC ISO, 1(379

f S * 190 £ c

U l l t l t r s * my hnnd and t m t af Offic* ihU I B t h

J« j . o / . O c t o b e r Anno Domini 19 i>t

\)\H7i)''.\.<)2

" . - / iK,8i9 8.,J.,0g;,-

» « * » ^ r ^ J W ^ ^

RKORWO :,V^;Cfl |;9,(]J.J„g a n i / w e 8M30

AR000481

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Deed Book

Pp ) Q p ^ B ^ # ' ^ ^ ^ B l ^

930

AR000482

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Corpof t t i s i O n d . N«, t t t , PrlM>4 (w kK< •«(« k r ;aK> c. Tterk C«„ U H ». P M * >««nw r k k ^

Wllippftlif ^ > u « ^ day ol ^ 4 . x ^ — in the yeat of OUT

Lord one thousand nine hundred and sixty-seven (1967)

I B H w e C n UOYUSTOK'N RIVST AKO ."MACHINE G O . , I .N 'C, a Pcnnsylvflnia corporot ion havlnj; I t s p r inc ipn l place of business at 26b N'orth Broad S t r e e t , Joyleacbwi, Bucks County, Pennsylvania, Grantor, Par ty of the F l r a t P o r t ;

- A N D -

CHEM-FAB-CORP., a Pennsylvania co tpors t lon hevf,ni; i t s p r inc ipa l plncc of business At 3C(F .Norclt Sroad S t r e e t , Doylestovn, Bujks County, Pennsylvania, Groncee, Party of the Second P a r t ;

V3l tnC&&Ctl}f Thai Iha ,aid Party of the F i r s t Part

ji,r an^Un coruldamiionol th» $um cf SEVtNTY-KlVi; T1I0US^VD AND 0 0 / 1 0 0 D D L L A S S

( $ 7 5 , 0 0 0 . 0 0 )

liru'jul mvney of Iha Unilad Stntti of AnfrUa, ttr\lo i t KaU'and triUy paid by iha taid

! n

Party of tho Second Par t H aisd baform iha taaHnf and dtUv^rf

o/ ifiiur pr t t t txt ; tha rrcalpl wharrof it hartby uthtwt(U4t«d, h o s $ranlrd, bcrfaliwd, told,

ntianrd, anftofjad, rtUoiad end (onf\rmi>J, nnd by thtia prttanit dOOS frvnl, bargain, itU,

alkit, artfroff, ralmie atvl tanfirm unto iha tatd I'ntrCy o f t h e SfCOnd P n r t , iCrt successors • _ a n d a n l ^ n j ,

ALL that c e r t a i n p l o t , piece or parce l of land, with thc bui ld ings and Innirovementa thorf.'on, s i t u a t e , Lylnri and being in thc Borough of Doylescown, County of Bucks, and iitnte of 'Pennsylvania , and more pnr-t lcul f l r ly describi.'d According to a survey and pl«n mode M^rch 30, 1967, by Wuibol & t;iitr/))re, Ruyiscured Surveyors, Doylestown, PennsyIvimio, A'.: fol lows ; to wl i: ;

BEGINNING ct nn li'on wplkc In the center l ine of North Hrond i;i;ruet, (ns thfi sar.ip was ori j i l i ia l ly opened 33 feet wide) 673 end <i'i/100 feet ndrttiwest of o st.<!el axle n:nr'i<in^ tlie i n t e r s e c t i o n of thc center l ines of North Sroad nn<l Uoyle i 'crcets (riK-nsurod on e courbc of North A9 dcjircc.q West nlon;; the venter l ine of North Broad S t ree t ) . Thence by rcraoinini; lands o.; uoylestowi; !<lv«c mttl HaclUne Co, , I n c . , of which the within descr ibed prcmlncs was n p o r t , South 41 de^rcus We.tc 213 and 96/100 feet to (tn iron pipe a corner in e l ine o[ l/ind.i," of Tltomo.'J S, Deer i n s , Jf- "^hLnce nlon>; the nnid l ine Korcli ^9 duy,ree3 West 217 and 59/100 foot to a corner . Thence by thc .sfltnc l/tndfl North 39 do^iirccs 56 nilnuti:j cla t 2'A ft:ot to an iron spJV.e a corner in the aforesaid cen te r l ine of North Broad S t r ee t , T.ifincn a lon j chft cr-ncer l i ne there ­of South A9 de.',ret!3 F.iist 221 wnd "37/100 feet to the place of Beiilnnlni;,

CONTAINING I and V9/1000flcrea of land.

BICINC port of the prcinlsos conveyod by Kflrion A. Guljvbnch to Doylea-tovTi Rivet nnd Mac.'tine Co., I n c , , by deed dated Apri l 23, 1963, /tnd recorded in thc of f ice of thc Kecorder ot Deeds of Uucks County in Occd Book 1707 i'a:,v 307.

DISSG- 9-^0

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wnyt, «mr.»f#, trofsr-Mantr, rithtt, l l isr , i : i , prinlUfn,

hrrrdllomanH and appurirnancat tthtitn>*t>tf IharMnlo balonglitft or In any trita appartaliOng, aitd

lha rt t tr i loru atul rtmtditJart, rarOt, Utu«t and pn>f\H iharroft and all tha irtata, right, tllla, Inter.

eti, propariy, cUim trui demand \thauo«t*r, cf T.*ie P a r t y of t h e F i r s t P a r e

In Imt, »7ullv, or elhrncu* htntioarar, of. In, end lo th t tamt and atfrf part iharaof,

: / ' : • . * • . ! ; , ; l

^: r<"4:i&3! #i:i1 m i ^

hart<lttamantt and pramitu harthy frantrd

or mtnllonad end Inlandrd lo lo ba, telth tha appHrlrnaneet,

unto tha told P a r t y of tho Second P o r t , i t s s u c c e s s o r s

and attlfnt, lo and for Iha only

proper tiia and behoof of tho latd P o r t y Of Chc SCCOnd PftVt , I t S SUCCCSSOrS

and attlfnt, fortrar.

^'yr- " C:.v -.-/Cv -L^^i .C.>i: r- J'V^ 7;^^^ ^^ :./- K/yi, - '-'A ' -/"i ' < ^ ! j ^ < ^ , - i l ^ ! /•:.,/^:i ^^:.m ^v^.:i ^^ . -^i^i^^/^i-^^^1 f".. / ^I'JP'-t'K'lJ ii;i!i^v'ii;0j j:lP';:^*';']J i!.:Or?-:Mi;i]j l!^ji?:!/''!il'li: il;']P=^'i'Jl L'-f^'•'•'''.:'];

A l l h ihr i M Porcy of thc F i r s t P a r t , f o r l t ' 5 0 l t , i t s s u c c e s s o r s

and flfiftijina . O n *T

thrte jirrtrntt, tettnnni, trnni end itfrrtt la and Hiih the tald Pflrijy of the iJccoiid P a r t ,

i t s S ' jcccs. tors

andoflfni.ihni i t lUa ta\d P o t t y oC Chc F l i H t P n r t , i t t i FUccoH.HorH and

/ " " i ^ . n s all and lingular

Ilia herfditanu<ntt end pramliat herein oliopa rf#«rWfc«f ami fmniptt, or manllonnl and Inltnilrd

tit in he, iillh ihr nppiirtrnfinret, unin thr tnSd P a r t y o f t h e Uccond i ' a r t , i t s

s u c c e s s o r s

an l attifnt, afidnit i t the mid P a t t y of the F i r s t P o r e , t h e i r s u c c e s s o r s ai\d i i ss l j ins

nwt n/uinti ell and n e t y \\rrton or ptr tont lebnminrtrr Imrfiilly rlnlmlnn nr- In rhint

ihr lamt f>r nny port iheitef, .by, from Ot u n d c r , hJm, h c c , then) or Br\y of

theni ,l,nll nnd „ill BY THliSK Plltl.'IKNTS

irARIlAfiT and foreter OKFf.'.V/).

?H \ l ) l t l t r 9 f t W l | » r » C t , ihe told Cnrpttrallon hot rnwrd i hne ptr trni i tn_ Q^te^iiled

end ill rnmmon cr rorpnratt ten! hrrrlo tiflixrd. .

;•• ? . - - : ; r - , - -

;..v.' Aileil

DOYLICST0V,'N KU'ET tMD M/\CUlNli , ; • • ( . ^ . :^i CO,,. .INC. : , , . . . . _

- / d<^<^ . • • «

l)186G- 9 3 1 AR000484

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S r r r t u r b , Ihe day of the data of Iha aboaa inda t i tu ra , a f the a b o r ^ m r m a d p a r t y o f t h e

Second Pact : , t h e w l c h i n tncnt tonod c o n s l d o r f l t i o n In f u l l .

DOYLESTO'. RIVET AND MACHINK CO,,

C.ominpnirt<tUh of Pan»rylMnta

County of BUCKS

On ihU, th4 , ^ » , / day of

BY; SZ>Ut^^ J ^ i i 2 ^ i ^

^ x ^ f6-7t:c_ , lO 63 beifrtta xna, A Nota ry

P u b l i c du ly co imi i s s ioned i n l a n d for s a i d County a n i / i h e unJenienrd cfficee,

ptn-tvnetly apptf l rad HORACJi C O L L I N S

lo ba tha P r e s i d e n t W DOYLESTOhTJ KlViT AND M/.CHINE CO.

President » b r l n f outh(<ri t td t a do w , executed

tha forcfnlnn Intlrurtvin'. for Ihe p u r p e t e t there in rotUitlnrd by tl^'nlng the nnme of the corpora t ion

by hlmtelf (^tfcn*f) at p r e s i d e n t :

l.NC., It corpornl lon , nnd tha t h e at tuch

Kfttlpt if »clii»wlr<!i(rH «f yiJdliJl \\n \ijtix\t.t iM 4«« TV BotMjh o4

• t>>jl«loyii. , .

%utTt\xry ' '\ Dt^Mtuwn BorniHi

Thr o d d r e S S of ihe u l lh in iinmeil Crnni ra

I. ...aQy,it:it.o.wv.,..rj;uiiai:i.varU.ft.

Ifii behalf of lald Cranlei i

d^l^^^M^' C.T'.'JO kOdfllV ••lOlMY /.«l"v

0<"irif>IO«t< fCfCXirtH. fjCO C'Air.l> »'. k<y /nw,v'MCrJ HUM'.. U t a t K . i . V M

ibe truulcr Lui •].>'I'K' ..^ Oi.md

;V/ i . . . ^ ' j ^

3^/ •IJL

Srtr 'Urr " /

.'A

to CO

CO

en o o ^ ^ :

>- f 1/) t -

U-. r- ' J »

22 - '-••

g

-5 ^ J M u _"« I-; ' . 17 «, o

i j

4.-

c c

5 o

1.1 u)

n , • ;

j R p t O V b v h ' " ' ' " O m c a / a r R e c o r d J n g e f D e a d t l n a f J for & U c k S ' ' O U n t j :

- In De«d Hook S o . l 8 6 6

p a s * "^^^ * ' •

U ] l t l l ( B » mjf ^an</a tW «r<i( o / 0/f?r« lfci« '

dffyo/ J w i e Anno Domini l ^ " ^

ni86B- 932

., j ',. '-,,i. mri ' \

^ ^ ^ AMciXffVM^^

lt£CORW» AR000485

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D ^ Y t Ck I M i l YY\ k l O IT I CI I Vn'C I I ^ ^ I I 1 1 ^ ^ I

8-5-1

AR000486

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bucks county niDiic Access rage i or i

Bucks MigiSilK-^^ '••

liiirnme ' • " • • ^ ^ ; ^

•^ft'-

' OfD-> » COUNTY OF BUCKS PUBLIC ACCE.SS SYSTEM BOARD OF AS.SESSMENT / . REAL ESTATE DATA

INDUSTRIAL PROPERTY DESCRIPTION

FARM 0762 DATE: 09/26/07 TI!-1E: 15:12

Transrntt

Quit "PARCEL »' ' PROP SITE OWNER

ATTENTIOl>( LAhJD USE LEC^.L DESC DEED DATE SALE PRICE ASSESSMENT EST; TAJiES

—ESTIMATED YEAR BUILT:

« » « » 0002SD BROAD ST ' . • TILLEY FAMILY LTD PART L P, • 430 N-BROAD ST, DOYLESTOWN PA 18901

« FL CRD » • •« OF OITAX ST: TAXABLE MUt>t: DOYLESTOtAlN BORO

B<lt_ J

: .3325 1-ST'VJHSE/MFG,UP TO 25,000 SF -NOT IN PARK : LOT E S BROAD ST 522 FT W 152X163 IRR. : 08/23/1995 BOOKl: 1108 PAGEl: 0140 B00K2: PAGE2: • : 400,000 STAt-IP: 4,000.00 SCH DIST: C.BUCKS : TOTAL : COUNTY 1720.26 MUN 686.00 SCHOOL 8300.21

78,400 ACT: TOTAL 10706.47

T.AXES AiRE CALCULATED ON THE LATEST. MILLS AND ASSESSNENTS AV.AILABLE — 1972 OVERHEAD DOORS: 0 ELEVATOR: NO BASEMENT: NO

STORY HEIGHT: 1 GROSS SQUARE FEET: -7572 WALL HEIGHT: ' ' 15 PCT INTERIOR FINISHED: 50 SPRINKLER: ' NO

WALL CONSTRUCTION: CB HEATING: ' . YES AIR CONDITIONING: .NO PLUMBING: YES ' OTHER YARD/BLDGS : NO .,

Ul'JtiNOWN COMMA>tD CMD=(SR,FR, RT,TR) XMIT-> » «

h++r»//A 4 7 /^<; O^S /cmt r i fArm Qcn Q/Q^nnm

AR000487

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Deed Book

1108

PSSG

140

AR000488

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T H I S INDENTURE MADE THE 23rd day of MAY in the year of our Lord one thousand nine hundred ninety-five (1995) ' '

B E T W E E N INERTIAL MOTORS CORPORATION, INC., a Delaware; Corporation

(hereinafter called the Grantor), of the one part, and

TILLEV FAMILY LIHITBD FARTNBRSHIP, L.P.

(hereinafter called the Grantees), of the other part,

W I T N E S S E T H , That the said Grantor for and in conaideration of t;he sum of

FOUR HUNDRSD THOUSAND ($400,000.00) DOLLARS

lawful money of the United States' of America, unto it well and truly paid' by the aaid Grantees, at or before the sealing and delivery, hereof,, the receipt whereof is hereby acknowledged, has granted, bargained and sold, aliened, enfeoffed, released and confirmed, and by these presents does grant, bargain, sell, alien, enfeoff, release and.confirm unto the. said Grantees, their heirs and assigns, as Tenants by the Entireties,

PREMI3BS "A* ->' f .....t ' W f

J^ V*V.

ALL THAT CERTAIN tract, of land with the buildings and improvements thereon erected, situate in the Borough of Doylestown, County of Bucks and Commonwealtli of Pennsylvania, aa shown on Final Plan of Doylestown Rivet and Machine Co., Inc.. Tract made by Weisel and Gilmore Associates, Surveyors and Engineers, ^Doylestown, Pennsylvania) dated l>laroh 11, 1974 and revised April 2, 1974 and recorded in the Office of. Recorder of Deeds, Ducks County in Plan Book 122 page 41 and described as follows,, to wit;

BEQINNINO at a spike in the center line of Broad Street (50 feet wide) said spike being a corner in remaining lands now or late of the Doylestown Rivet- and Machine Co., Inc. and being North 49 degrees 00 minutes West, a distance of 69.09 feet from the point of intersection formed by the renter line of Atkinson Drive (width not shown on Plan) with the center line of Broad Street; thence from said point of beginning South 40 degrees 12 minutes West along remaining lands now or late of the Doylestown Rivet and Machine Company, Inc. 162.98 feet to a point an iron pin a corner in said remaining lands; thence etill along remaining lands now or late of the Doylestown Rivet and Machine Co., Inc. South 49 degrees 00 minutes East a distance of 40.00 feet to a point an iron pin a

''«! 108 iT-OUff;

- I t

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AR000489

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f

minutes East a distance of 40.00 feet to a point an iron pin aj corner in line of lands now or late of Anna Yarmark; thence along line of lands now or late of "Yarmark" South 40 degrees 12 minutes : West a distance of 51.00 feet to a point an iron pin a corner of • Lot Number 2 as shown on said Plan; thence along Lot Number 2 North 49 degrees 00 minutes West a distance of 194.58 feet to a point an { iron pin a corner in line lands now or late of Chem-Fab Corp.; i thence along line of lands now or late of Chem-Fab Corp. North 41! degrees 00 minutes East a distance of 213.96 feet to a point aj spike in the center line of Broad Street; thence in and along the : center line of Broad Street South 49 degrees 00 minutes East a. distance of 151.65 feet to a spike a corner of remaining lands now. ot late of the Doylestown Rivet and Machine Company, Inc. the point ; and place of BEGINNING, :

BKINO all of Lot Number 3 as shown on said Plan.

CONTAINING .7986 acres of land, more or leas.

BSINQ COUNTY PARCEL NUHBBRi 8-5-1

PRBMIBEa "B"

ALL THAT CERTAIN tract of land with the builduigs and iniprovements thereon erected, situate in the Borough/it TJoylestown, County of Bucks and Commonwealth of Pennsylvania, as shown on Final Plan of Doylestown Rivet and Machine Co., Inc. Tract made by Weisel and Gilmore Associates, Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974 and revised April 2, 1974 and recorded in the Office of Recorder of Deeds, Bucks County in Plan Book 122 page 41 and described as follows, to wit:

BEOINNINS at a point an iron pin a corner of other lands now or late of the Doylestown Rivet and Machine Co., Inc. also being in line of lands now or late of Anna Yarmark and being South 40 degrees 12 minutes West passing through other lands now or late of Doylestown Rivet and Machine Co., Inc. a distance of 213.98 feet ftom a steel axle in the center line of Broad Street (50 feet wide); thence from said point of.beginning along line of lands now or late of "Yarmark" South 4 0 degrees 12 minutes West a distance of 602.83 feet to a point an iron pin a corner in line of lands now or late of the Borough of Doylestown (Sewage and Disposal Plan Tract); thence along line of lands now or late of said "Plant" North 49 degrees 12 minutes West a distance of 216,67 feet to a point an iron pin a corner in remaining lands now or late of the Doylestown Rivet and Machine Co. Inc.; thence along line of remaining lands of tlie Doylestown Rivet and Machine Co., inc. North 40 degrees 12 minutes East a distance of 603.59 feet to a point an iron pin a corner in line of lands now or late of Chem-Fab Corp; thence partly along line of lands now or late of Chem-Fab Corp. and partly along line of lands of Lot Number 3 on said Plan, hereinabove described, South 49 degrees 00 minutes East a distance of 216.68 feet to a point an iron pin the ppint and place of BEGINNING.

; K| 108 PGOUII

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AR000490

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BEING all of Lot Number 2 as shown on said Plan.

CONTAINING 3 acres of land, more or less.

BEING COUNTY PARCEL HUMBHRi 9-9-46 '

PREMISES «A" AND "B" BEING TBS SAKE PREMISES WHICH BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, by Deed dated- 3/1/1990 and recorded 11/12/1992 in the Office for the Recorder of Deeds in and for the County of Bucks, and Commonwealth of Pennsylvania in Land Record Book Volume 563, Page 2288, granted and conveyed unto INERTIAL MOTORS CORPORATION, grantor/mortgagor herein.

*

H 08-23-95 \Z:ZXOM

' Pfl TRON TAX OYLSTUN B0«0 CHTRL tCK SO ' OYl.snW TW> CNTRL BCK SO

, 58099 43949

(4000.00 (1400.00 «1600.00 «4D0.t» MOO. 00

' «M08 PGQjh;

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AR000491

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TOGETHER with all and singular the Buildings, Improvements, Ways, i Streets, Alleys, Passages, Waters, Water-courses, Rights, ', Liberties, Privileges, Hereditaments and Appurtenances, whatsoever { thereunto belonging, or in any wise appertaining, and the : Reversions and remainders, Rents,. Issues and Profits thereof; andi all the Estate, Right, Title, Interest. Property, Claim and Demand! whatsoever of the said Grantor, in law as in equity, or otherwise' howsoever, of, in, and to the same and every part thereof..

TO HAVE AND TO HOLD the said lot or piece of ground with the Buildings and Improvements thereon erected, the Hereditaments and . Premises hereby granted, or mentioned and intended so to be, with the Appurtenances, unto the said Grantees, their heirs and assigns, to and for the only proper use and behoof of the aaid Grantees, their heirs and assigns, forever, as Tenants by the Entireties.

i I

AND the aaid Grantor, its Successors and or Assigns, does by these presents, covenant, grant and agree, to and with the said Grantees, j their heirs and assigns, that it the said Grantor all and singular : the Hereditaments and Premises herein above described and granted, or mentioned and intended so to be, with the Appurtenances, unto j the said Grantees, their heirs and assigns, against it the said • Grantor, its Successors and Assigns and against all and every Person or Persons whomsoever lawfully claiming or to claim the same or any part thereof, by, from or under him, her, or any of them, shall and will WARRANT and forever DEFEND,

IN WITNESS WHEREOF the said Grantor has hereunto set. its Corporate Seal the day and year first above written.

SEALED AND DELIVERED

IN THE PRESENCE OF US:

INERTIAL MOTORS CORPORATION, INC.

BY: , /. F. h'/'f\M<'*'

ATTEST:

Kl 1 0 8 PC-Olij,

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AR000492

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i

SA-15626 . ;

Commonwealth of Pennsylvania J j I County of Bucks ) j

I On this the 23rd day of MAY, 1995, before me a Notary Public the; I undersigned officer, personally appeared ] O A iii L' U*iy *''° acknowledged himself/herself to be the -ftitMOt tw«i>'v«n j INERTIAL MOTORS CORPORATION, INC. and that )«e/Bhe' ; as such V. P+( >i>~« , being authorized to do so, executed the! foregoing instrument for the purposes therein contained by signing the name of the corporation by him/herself as

I

reunto set my ha:

ry Public

IN WITNESS WHEREOF, I have herei^to set my hand and official seal. •

Notary

My Commission Expires;

'« l 108 pfiOMit.

J t •

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AR000493

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o m w

c3

5.

95WG23 PHIZ'ljtj 058099

SURETY ABSTRACT, INC. ', feArJ^^:'J^O.rf;:.

INERTIAL MOTMS OORPORSriON, INC.

TO • '

TIIiEY FHMILY PARTNERSHIP. L.P.

03 c o

O o c

/r ^-

^ « ^ - j ^ " ^ Z C&j a7fct-4sZEo>s,^

Tr«.-<focr»d

F i K J ^

D«t«_

_5«c->'»rv

DEED

PRattSES: 280 North Main S t r e e t Doylestown Township and Doylestown B o r o u ^ Bucsk County. PA TPN# 9-9-46 & 8-5-1

Tho <jddr*tss of the; <sbovte-nainod Grantees

is -4*50 h i BrT-.c.A 'bA

. On tjfehdlf of the Grantfcos

AR000494

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L/66CI D O O K

Page

2 Zoo

AR000495

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s> ;v> K riiiii'iiit.(Ti(iN i>KKii. n,i,i,.i i.> .ni v.1.1 i„ 1..1.1, •' • i.,i 1,... 11^. \I..I,K,I M.. n t t .

day of M a r c h in the year o{ our Lord one thouiind nino

hundred and n i n e t y ( 1 9 9 0 ) ?B^tlllC^lt

BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a body p o l i t i c a n d c o r p o r a t e w i t h o f f i c e s a t . 2 E a s t C o u r t S t r e e t , D o y l e s t o w n , P e n n s y l v a n i a ( h e r e i n a f t e r c a l l e d " G r a n t o r " )

(hereinafier called the-Granior ), of the one ptrt, »nd

INKRTIAL MOTORS CORPORATION, INC., a noltiWi-rc Corporation, 280 North Broad Street, Doylestown, Pennsylvania.

(hereintller called (he Grantee ), of (he other part,

^itllJ^Xiattilt Tha» 'l-o »«'d G r a n t o r

for iiid in cnitiideratinn of ihe mm ot

/ l e i ' lawful

money ot llic t.'nitcd Stalct of America, unto i t well anj.(ruly paid by (lie .laid Grantee , al or before the sealing and delivery, hereof, tlie receipt ivlicrcof n hereby ecttnoivledged, h a s granted, bargained and lold, aliened, enicalTed, rolcated ond confirnicd, and by these preaenia n o e s grant, bargain and tell, alien, enfeolT, release and eonrinii unin the snid Grun(ec , i t s s u c c e s s o r s and assignt, PHEMISES "A'

ALL THAT CERTAIN tract of land with tho buildings and improvements thcroon erected, situate in the Borough of Doylcstov/n, County oC Qucks and Commonwealth of Pennsylvania, as shown on Pinal Plan of Doyleatovm Rivet h Machine Co., Inc. Tract, made by'Weisel and Gilmore Associates, Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974, and revised April 2, 1974 and rocordad in offico of Recorder of Deeds, Buck.-s County in Plan Book 122, page 41 and described as follows, to wit:

DECINNING at a spike in the center lino of Broad Street (50 foet wide), said spike being a corner in remaining lands of the Doylestown Rivot & Machine Co.. inc. and buing North forty-nine degrees, no minutes IVest, a distance of sixty-nine and six one-hundredtha feet from tho point of intersection formed by the center line of Atkinson Drive (v/idth not shown on Plan) v/ith tho center line of Broad; thence from said point of beginning, South forty degrees twelve minutes West, along remaining lands of tlie Doylestown Rivet fc Machine Co., Inc., one hundred.sixty-two and ninety-eight one-hundrcdths feet to a point, an iron pin, a corner in said remaining lands; thence still along

BK0563 pe2288

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AR000496

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said rcmnining lands of the Doylestown Rivot 6. Machine Co., Inc., .South forty-nino d(?groc>s, no ini"u'o= East, a lista^co of forty and no ono-hundrcdtl.s foot to a po*nl-, an iron pin, a corner in I' ne.of lands now or late of Anni Yarmark; thence along lino of lands now or late of "Yarmark", South forty degrees, tivolve minutes West, a distance of fifty-one and no one-hundredths feet to a point, an iron pin, a corner of Lot No. 2 as shown on said Plan; thence along Lot No, 2, North forty-nino degrees, no minutes West, a distance of one hundred ninety-four and fiEty-oight one-hundredths feet to a point, an iron pin, a corner in line of lands now or late of Chom-Fab Corp.; thonce along line of lands now or lato of Chem-Fab Corp., North forty-one degrees, no minutes East, a distance of two hundred thirteen and ninety-six one-hundrcdths feet to a point, a spike in the center line of Droad Street; thence in and along the center line of Broad Street, South forty-nine degrees, no, minutes East, a distance of one hundred fifty-one and sixty-five one-hundredths feet to a spike, a corner of remaining lands of the Doylostovm Rivet & Machine Co., Inc., tho point and place of beginning.

USING all of Lot No. 3 as shown on said Plan,

CONTAINING seventy-nine hundred eigtity-six ten-thousandths Acres of Land, more or leas.

COUNTY PARCEL 8-5-1 .(Bart)

PREMISES 'B"

^

tn en CO

oo

ALL THAT CERTAIN lot or tract of land with the buildings and .improvements thereon erected, situate in the Township of Doylestown, County of Bucks and Commonwealth of Pennsylvania, as shown on Pinal Plan of Doylestown Rivot s Machine Co. , Inc. Tract, made by Weisel and Gilmore Associates,• Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974, and revised April 2, 1974 and recorded in the Office of the Recorder of Deeds, Bucks County in Plan Book 122 at page 41 and described as follows, to wit:

BEGINNING at a point, an iron pin, a corner of other lands now or lato of the Doylestov/n Rivet & Machine Co., Inc. about to be conveyed to Inertial Motors Corporation, also being in line of lands now or late of Anna Yarmark and being South forty degrees, twelve minutes West, passing through other lands of Doylestown Rivet & Machine Co., Inc., a distance of two hundred thirteen and ninety-eight ono-hundredtlis feet from a steel axle in tho center line of Broad Street (50 feet wide) ; thence from said point of beginning, along lino of lands now or late of "Yarmark", South forty degrees, twelve minutes West, a distance of six hundred two and eighty-three oiie-hundredths feet to a point, an iron pin, a corner in line of lands now or late of the Borough of Doylestown (Sewage and Disposal Plant Tract); thence along line of lands now or late of said "Plant", North forty-nine degrees, twelve minutes West, a distance of two hundred sixteen and sixty-seven one-hundredths feet to a point, an iron pin, a corner in remaining lands now or late of the Doylestown Rivet b Machine Co., Inc.; thence along line of remaining lands of the Doyleatowh Rivet & Machine Co., Inc., North forty, degrees, twelve minutes East, a distance of six hundred three and fifty-nine one-hundrcdths feet to a point, an iron pin, a corner in line of lands

V

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AR000497

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now o r l a t e of Chem-Fab C o r p . ; t h e n c o p a r t l y a l o n g l i n e of l a n d s now o r l a t o of. Chcm-Kab Corp' . , eind p a r t l y a l o n g l i n e of' l a n d s of Lot No. 3 on s a i d P l a n , h e r e i n a b o v e d e s c r i b e d , S o u t h f o r t y - n i n e ' d e g r e e s , no m i n u t e s Eas t ' , a ' d i s t a n c e of two hundred s i x t e e n and s i x t y - e i g h t o n e - h u n d r c d t h s f o e t t o a p o i n t , an i r o n p i n , t h e p o i n t and p l a c e of ' b e g i n n i n g . .

BEING a l l of Lo t No. 2 as shown on s a i d P l a n .

CONTAINING t h r e e A c r e s of Land, more o r l e s s . ' ' "

COUNTY PARCEL NUMBER 9 - 9 - 4 6 l» i t r t r r .

BKING a s t o "A" and " "B" , t h e same p r e m i s e s which Doy les town R i v e t & Machine C o . , I n c . g r a n t e d and conveyed u n t o t h e Buiiks Coui i ty I n d u s t r i a l Deve lopment A u t h o r i t y , / b y Deed d a t e d Augus t 29 , 1974 a n d r e c o r d e d i n t h e Bucks County R e c o r d e r of Deeds O f f i c e i n Deed Book' 2139 a t page 7 8 0 .

B . ' . 110758 U-12-92 14:54C002 • 165»

TAX EXEMPT iQ.Ob CB . » o - or^

BK0563 P92290

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AR000498

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U l Q n ^ t l | C t ^ "'III nil ond singular (be b u i l d i n g s Improvemcnli, Ways, .Siroeli, Alleys, Pasmgcn, Waters, Walcr-coiirses, RighLs, Liberties, Privilegei, Hereditaments and .\ppurtenanecs, whatsoever thcreun(o belonging, or in any .wi^c appertaining,., and the Reversions and Roinainderi, Rents, Issuci and Prnlit.s thereof; and nil the littatc, Right, Title,

Inlere.iti Property, (^laim and Demand whatsoever of t h e s a i d G r a n t o r in law as in equity, nr otherwise hoiv. ocver, of, in, and to tlie sanie nnd every part thereof.

^ O l^flUJ? t t t t l ) t t l I ^ O i d the aaid b u i l d i n g s , l o t s o r p i e c e s of g r o u n d ; w i t h t h e i m p r o v e m e n t s t h e r e o n e r e c t e d Hercdi(aiuen(a and Premises hereby granted, or mentioned and Intended so to be, with (he Appurte­nances, t h e r e t o unto the aaid G r a n t e e , i t s s u c c e s s o r s and Assigns, to and (or thc only proper use and behonf of the said G r a n t e e , i t s s u c c e s s o r s and .Assigns, forever,

JVttJj die «aid Grantor, for itself, its successors and assigns

i f those presents, covenant, grant and agree, to and with tne said G r a n t e e , i t s Su icas9C J^c

by

o r s and Assigns, that i t the said G r a n t o r , i t s s u c c e s s o r s and a s s i g n ^ IJeijeby convey , . 1

all and 9ingi^ar,th4 b u i l d i n g s , l o t s o r p i e c e s o f g round w i t h t h o i m p r o v e m e n t s tljetfedn e r e c t e d Hercditnnicnti and Premises heroin above described and granted,-or mentioned and intended so to bt,

with dio Appurtenances, unto the said. G r a n t e e s , i t s s u c c e s s o r s ?* i I ^ i(

. ^"Jalid {As'ifgnl, agoinst i t the said G r a n t o r and against 4ftll^aiy pvory Person or Persons whomsoever lawfully claiming or lo claim the same or any part thereof, bV, (rein or under i t , them or any of ihenj,

sholl and will gy -^'HESE PRESENTS WARRANT and forever DEFEND.

{ii filifnreii ^ i^crcod the Grantor has caused those p r e s e n t s t o be executed on the day and year f i r s t above w r i t t e n .

§ralrb niib Dt^iturrcD l.S' Till! rtlRJKNt.Ti (IF v s : BUCKS COUNTY INDUSTRIAL DEVELOPMENT

AUTHORITY

ATTEST

. ^ ^ f ^ - ^ ^ ^

BK0563P82291

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AR000499

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]b

SZUjnZ ?•,{ 1:23 110758

f. •• i»

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li 03005001

. - ' i t . - ; • • • • • • • • C". - ^ - . ^ V - . , • ' • .

I ' • . • * .

Tlie address of the af}ove-named Grantee

280 North Broad Street

Doylestown, PA 18901

On behalf ol the Grantee

fZ ' <rt>

' s r : i : i . ' . ' ' " : • • • " : ' . ? • .

NOV {2 92

©€®^^' FROM:-BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY

TO : INERTIAL MOTORS CORPORATION, INC

COUNTY PARCEL NO. .

8 r 5 - l and 9-9-46 ' : . ' .

rso-s ;ohn c. ci>fv Cc. I'hiii 1988

' " ^ ' ^ D i ' ^ / ! \ J^KOKOt-MX.

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AR000500

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Deed BOOK

2139

gp

tB^aaB . ^a^^ ..num..

780

AR000501

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. J l ITiB iTJJ « . .^.\ .

vo«>e^Anol• DR Hi,«M fttuaj Im te* t M %t litie C, Ck^ .C* . l U I WIIMI It., nyb.

MMlethe y^ ^ . ^ ^ 7 " (Uyo{ )^ u y u ^ ^ in the ytar of our Lord onfc thouaaad

niiw hundred and aovonty-four (1974) BETWEEN DOYLESTOWN RIVET t MXCHINE CO., INC., a Pennsylvania corporat ion, (hereinafter ca l l ed "Grantor") of tho one par t

«nd

BUCKS.COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY, a body p o l i t i c and corporate with offico a t 62 East Court S t r e e t , Doylestown, Pa. (hereinaf ter ca l led "Grantoo") of the other par t

lS^itnC£(£(etf)» T h « the'aaid Grantor

for »nd in oonsidoatfon of the nun of One Dollar ($1,00)

lawful money of the United States of America, unto Grantee

i t well and truly paid by the eaid

at and before the sealing and delivery of theee prr^nu the receipt whereof ta hereby acfaxrwlcdgcd,

has granted, bargained, sold, aliened, enfeoffed, released and confirmed, and by these presents

does grant, bargain, sell, alien, enfeoff, release and confirm unto the said Grantee, i t s

Successors and Assigns,

pr,-:i;:si!f "A"

ALL THAT CERTAIK tract of land with tha builUingn and improvoments thereon erected, situate In tho Borough of Doylestown, County of Bucks and CommonwoaItl; of Pennsylvania, aa shown on Pinal Plan of Doylestown Rivot fi Machine Co. Inc. Tract, made by Woisol and Gilmore Aaaisciates, Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974, and revised April 2, 1974 and recorded in Offico of Recorder of Deeds, Bucks County in Plan Book 122 page 41 and described aa follows, to witi

BEGINNING at a spike in the center lino of Broad Street (50>feet wide), Baid spike boing a corner in remaining lands of tho Doylestown Rivet 6 Machine Co. Inc. and being North forty-nino degrees, no minutes West, a distance of sixty-nine and six one-hundredths feet from tho point of intersection formed by the center line of Atkinson Drivo (width not shown on Plan) with tho center lino of Broad Street; thence from said point of beginning, South forty degroea twelve minutes West, along remaining lands of the Doylestown Rivet ( Machine Co. Inc., ono hundred sixty-two and ninoty-oight one-hundredths feet to a point, an iron pin, a corner in aaid remaining lands; thence atilX along said remaining landa of tho Doylestown Rivot ( Machine Co. Inc., South forty-nine degrees, no minutes East, a distanco of forty and no one-hundredths feet to a point, an iron pin, a corner in lino of lands now or late of Anna Yarmark; thenco along line of lands now or lato of "Yarmark", South . forty degrees, twelve minutes West, a distance of fifty-one and no one-hundredths feet to a point, an iron pin, a comer of Lot No. 2 aa ahown on aaid Plan; thenco along t.ot No. 2, North forty-nino degrees, no minutoa

b2Kl9~"^7S0

w

Sdf^SA-

ii.'

AR000502

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r V i ^ ' •* -Mi f."i)

Host, a distance of cno hundred ninety-four and fifty-eight ono-hundredths. feet to a point, an iron pin, a corner in lino of lands now or lato of Chem-Fab Corp,; thence along lino of landa now or late of Ch«m-Pab Corp., North forty-ono degrees, no minutes East, a diatanco of two hundred thirtaoh and ninety-six one-hundredtha foet to a point, a spike in the center line of Broad Street; thenco In and along tho cantor line of Broad Street, South forty-nine degroos, no minutes East, a distance of ono hundred fifty-one end alxty-fivo one-hundredtha feet to a spike, a oornor of remaining landa of tho Doylestown Rivot i Machine Co. Inc., tho point and place of beginning.

• • ' • • . ^

BEING all of Lot No. 3 aa shown on said Plan.

CONTAINING sovonty-nino hundred oighty-alx ton-thousandths Acres of Land, more or less. .,

COUNTY PARCEL 8-5-1 (Part)

PREMISES "B"

ALL THAT CERTAIN lot or tract of land with tho buildings and improvemonts thereon erected, situate in tho Township of Doylestown, County of Bucka :, and Coitunonwoalth of Pennsylvania, as shown on Final Plan of Doylestown Rivot ( Machine Co. Inc. Tract, made by Weisel and Qilmoro Associates, Surveyors .and Engineers, Doylestown, Pennsylvania, dated March 11, 1974, and revised April 2, 1974 and recorded in Office of Recorder of Deeds, Bucks County in Plan Book 122 page 41 and described as follows, to wltt

BEGINNING at a point, an iron pin, a corner of other lands now or late of the Doyleetown Rivet fc Machine Co, Inc. about to be convoyed to Inertial, Motors Corporation, also boing.in lino of lands now or lata of Anna Yarmark. and being South forty degrees, twelve minutes West, passing through other; lands of Doylestown Rivet (Machine Co. Inc., a distance of two hundred. thirteen and ninety-eight one-hundredtha foot from a stool axle in the center line of Broad Street (50 feet wide); thenco from said point of beginning, along line of lands now or late of "Yarmark", South forty

• degrees, twelve minutes West, a distance of six hundred two and eighty- '' three one-hundredths feet to a point, an iron pin, a corner in line; of landa now or lata of the Borough of Doylestown (Sewage and Disposal Plant Tract); thenco along line of lands now or late of said "Plant", North forty-ntho dogroos, twalve minutes West, a distanco of two hundred sixteen and sixty-seven ono-hundredths feet to a point, an iron pin, a corner in remaining lands now or lato of tha Doylestown Rivot t Machine Co. Inc.; thence along line of remaining landa of the Doylestown Rivet & Machine Co. Inc., North forty degrees, twelve minutes East, a distance , of six hundred three and fifty-nine one-hundredths feet to a point, an iron pin, a corner in line of landa now or late of Chem-Fab Corp.; thence partly along line of lands now or late of Chom-Fab Corp. , and partly along line of lands of Lot No. 3 on said Plan, hereinabove described, South forty-nine degrees, no minutes East, a distance of two hundred sixteen and sixty-eight ono-hundredths feet to a point, an iron pin, tho point and place of beginning.

nEiNG all of Lot No. 2 as shown on said Plan.

CONTAINING three Acres of Land, more or less.

COUNTY PARCEL NUMBER 9-9-46 (Part)

BEING aa to "A*, tha first above described part of the aama premises which Marion A. Gelsebach, widow, by Deed dated April 23, .1963, and recorded in Bucka County, in Deed Book 1707 pago 307, convoyed unto Doylestown Rivet t Machine Co, Inc, (by the name of Doylestown Rivet and Machine Co., Inc.) (a Pennsylvania Corporatlori) In fee,

BEING as to *B*, tha last above deacribed part of tho same promlsoa which Mae C. Cooring, widow, by Deed dated March 13, 1970, and recorded in Bucks County, In Deed Book 1961 page 6 66, conveyed unto Doyleatown Rivet ( Machine Co, Zno. (a Pennaylyania Corporation) (by tho name of Doylostown (H OgCtjlCr .with aH and singuiar ' • " ' Machine company, Ino.) In fee.

Ways, Waters, Water-Coursea, Rl^ta, libaties, Privilegea, Hereditaments and Appurtenancea,

whatsoever thereunto belonging, or in any wise appertaitung, and the Revcreiora and Rtmaindoa,

Rent^ Issues and Profita thereof; and aQ the ottate, right, title, intotst property, ^IJ '"! and denurtd

whatsoever, of i t , the aaid Grantor,

in law, equity, or cherwise howsoever, of, in, ajxl to the saioe and evtry port thereof,

I - , . • .

AR000503

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w u » f c - « l . : T - ^ i . . " — K • f 1 ^ •^iffr.vA.rmTrmrrrr'iT—rnrifit ViTfri-rtr~ i i r r •

VtO tiabe a n t to t o l b the «aid lo t or t r a c t of ground abova doaoribad,

together wittHeredttamimti and Prcmlaes hereby granteii, or mentioned and Intended so to be

with thc Appurtenances, unto the said Grantee, i t a auccenaora

and Ateigna, to and for the only proper use and behoof of tho aaid Grantee, i t s auccossoca ,

and Assigns, forever.

jSlnb the said Grantor, for i t s e l f , i t s aucceasora and assigns

tiO as by

these presents, covenant, grant aitd agree, to and with the said ^ Grantee, i t a successors I . • •

and Assigns, that i t the eaid G>^<'nto>:, i t a aucceasora and aasigns

an and ajngulax the

Hereditaments and Premises hodn above deacribed and granted, or mentioned and intended so to

be, with the Appurtenances, unto the said Cranteo, i t s successors

and Asugns, against i t the said Grantor, i t s auoceaaora and aasigns ^ ,

and against all and every Person or Persons whomsoever

lawfully claiming or to claim the; same or any part thereof, by, from or under 1*=, them or

or any of them, , ' shall and will

BY THESE PRESENTS WARRANT and forever DEFEND S n toltnC^Sl lubtrCl)!, the said corporation has caused these presents to be executed and i t s common or corporate aeal hereto aff ixed.

DOYLESTOWN RIVET ( MACHINE CO. INC.

By I < ^ ^ 4 < / C '^x .d^c .** ' ^^

SBALBD AND D B U V I A B D

IN THS rasssNCB or us Attestt President

S r r r i u r b th* d t j of lli« <ltU of iL* tritkla or afortsolng Indeatui«, of lU wIlLla full consideration herein.

IH. .^ .—^-^•-•--^^,- . . . . . - , - . . . . - . . .^ .^ . . , . . .x . . ,=^0; ; i39.^^7^^—^

Grantee the

" J ^ . . % M s n t

i

AR000504

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iK^Tv * '

Commonwtilth o( Ptnntylvtnii .

Gounnr •( Bucka

On ihli, iH« 29th day e( August

for Bucks County,

penontlly tpptarad Koractt C o l l i n s

"^ r^ i j a t l on . ."nd J , " . . . .CA p r e a l d i n t ' ^ y ^ " ' ^ ° * ^ , b « . M . h % r ^ J ' J ^ l i ^ J i ' V . f A » . j ; R P iht lartfolttf Iniimmtnl (or Iht purpoiti IhtrtTn eonlilncd by ilfnlnl (he nitni ol ll<t oorporttion by hImitK (WtiMiH «• P r e s i d e n t . M X A . ^ IN WITNESS WHEREOF. \ h.v* h*rtunt« M( my h»n4 end o j ^ l a a l . _ ^ J ^ ^ ^ ^ " '

, 1974 ,bt(or*m«, a n o t a r y p u b l i c in and

lh« undtriUnf J eSotr,

who (oknowltditd httnMlt MMXNJO

1^ W ^ 7 ^

>-^-iyV"»-.: '.,4 ^ V

i M l ^ • I "^ ; I .

«lnt iNic,0«rl»W"i • '"•••"«' ' .^! '- ._^ a O. , •• ' / ' / . ' • «yC«mml;«i~itiimi « „ m "'V ' • ; , . • ' ' ' •> ' / • / ,

***Mtinl«»*'

M 41 I

> tn

p.

SS2

i R e r o r d r Z l r in the office for rteordini of dcedi ta and for Covmty of oucks

In Defd Book No. ^ ^ ^ ^ pi^e 7^° &c.

mttt tna my hind snd leil ot ofTice ihli ; ^^

day of 3opt Anno Domini 19 yij

; l ^ ^ ; ? 6 ' ^ / • ' ^ i ^ ' " ^ ^

Rfconocn

S X \\ ' Id =?^7;'?f^??i^3 - •TTTi" o'Z' •'ill,- n-viT' '-• D2139 783 AR000505

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Adjacent

Propeity Deeds

and

Assessment

AR000506

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Psrcsl NumbGr

y-y-4u""01

Assessment

AR000507

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Bucks County Public Access Page 1 of 1

Bucks County

a-iD-

'P.ARCEL » 09 PROP SITE (»MER

ATTENTION LAND USE LECiAL DESC DEED DATE • SALE PRICE AilSESSMEMT EST. TAXES —ESTIMATED YEAR BUILT:

COUNTY OF BUCKS PUBLIC ACCES.? SYSTEM PARM 07 62 BOARD OF ASSESSMENT / REAL ESTATE DATA DATE: 09/26/07

COMt-ffiRCI.AL PROPERTY DESCRIPTION Tlt'E: 15:23

.-001 ^ » « ,> << FL cRD » 01 « OF OITAX ST: TAXABLE

000390 N BROAD ST MUN: DOYLESTOWN TWP EXTRA SPACE DOYLESTOWN L L C , P 0 BOX 191.^6, ALEXANDRIA VA 22320-01.1)6

PTA-EX# 1036 4272 f-IULTI-TENANT MINI STORAGE FACILITY LOT 6.472A W S T350 14 90 FT S SHADY RETREAT RD BRO/ .D ST N 10/27/1999 BOOKl: 1952 PAGEl.: 2096 BOOK2: PAGE 2:

1 STAt-lF: 24,000.00 SCH DIST: C.BUCKS

•TranamitJ

Qiiit;

Exit

TOTAL 456,400 ACT: • COUNTY 10014.38 MUN 3194 ..80' SCHOOL 48319.07 TOTAL 6152S.25

TAXES ARE CALCULATED ON THE LATEST MILLS. AND ASSESSMENTS AVAILABLE-1980 0VERHE7\D DOORS: 16 ELEVATOR: NO BASe-lENT: NO

STORY HEIGHT: 1 GROSS SQUARE FEET: 7200-WALL HEIGHT: " 10 PCT INTERIOR FINISHED: 0 SPRINKLER: NO

WALL CONSTRUCTION: CB HEATING: NO AIR CONDITIONING: NO PLUMBING: NO OTHER .YARD/BLDC;S: NO

TRANSMIT TO FORWARD CMD=(SR,FR, RT,TR) XMIT-> » «

h*tn'//4 4 ^ 6S 248/a i i tn fnmi a<;n Q/9fi/90n7

AR000508

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Deed Book

952

ge

AR000509

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THIS I N D E N T U R E MADE THE ^ L ^ ^ day of OCTOBER

in the year of our Lord one thousand nine hundred and ninety-nine (1999)

BETWEEN DOYLESTOWN STORE & LOCK, a Pennsylvania General Partnership

(hereinafter called the Grantor), of the one part, and

EXTRA SPACE OF DOYLESTOWN, LLC (a Delaware Limited Liability Company)

(hereinafter called the Grantee), of the other part,

V v I T N E S S E T I l , That the said Grantor for and in consideration of the sum of

ONE ($1.00) DOLLAR

lawful money of the United States of America, unto it well and truly paid by the said Grantee, at or before the sealing and delivery, hereof, the receipt whereof is hereby acknowledged, has granted, bargained and sold, aliened, enfeoffed, released and confirmed, and by these presents does grant, bargain, sell, alien, enfeoff, release and confirm unto the said Grantee, its Successors and Assigns

ALL TEU\T CERTAIN lot or piece of ground, with the buildings and improvements thereon erected. Situate in the Township of Doylestown, County of Bucks and Commonwealth of Pennsylvania, being Lot No. 1 as shown on the Final Plan as prepared for Doylestown Rivet & Machine Company, Inc. by Weisel & Gilmore Associates, dated 3/11/1974, last revised 4/2/1974 and recorded 6/3/1974 in Plan Book 122 page 41, more fully hounded and described as follows, to wit:

BEGINNING at a point in or near the center line of.Dutch Lane, A/K/A Broad Street, Township Road No. 350 as designated hy Doylestown Township, and Broad Street as designated by the Borough of Doylestown, a comer of land now or late of Chem-Fab Corp.; thence along lands of the said Chem-Fab Corp., the two (2) following courses and distances: (1) South 39 degrees S6 minutes West 214.00 feet to a point; and (2) South 49 degrees 00 minutes East 195.49 feet to a point a comer of Lot No. 2 as shown on said Plan; thence along the said Lot No. 2, South 40 degrees 12 minutes West 603.59 feet to a point inline of lands of the Borough of Doylestown Sewage Disposal Plan Tract; thence along same North 49 degrees 12 minutes West 479.73 feet to a point a comer of lands now or late of Bessie M. Henning; thence along the four (4) following courses and distances: (1) South 60 degrees 27 minutes East 149.54 feet to a point; (2) North 37 degrees 18 minutes East 577.03 feet to a point; (3) North 49 degrees 00 minutes West 163.64 feet to a point; and (4) North 41 degrees 00 minutes East 213.96 feet to a point in or near the center line of Dutch Lane - Broad Street, aforesaid; thence along same South 49 degrees 00 minutes East 32638 feet to the Point and Place of BEGINNING.

m S52 |2M.6

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BEING COUNTY PARCEL NUMBER: 9-9 16-1

BEING THE SAME PREMISES WHICH Jeffrey Shaak, by Deed dated 2/19/1985 and recorded 2/20/1985 in the Office for the Recorder of Deeds of Bucks County, PA in Deed Book 2599 page 225, granted and conveyed unto Doylestown Store & Lock, in fee.

'Si- 29" V? 5.5; 54COG4 "A - SftN TfiX

i403?3 524000,, J •i:i3Q0G, K 512000.PG

Bil952|2D97

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T O G E T H E R with all and singular the Buildings, Improvements, Ways, Streets, Alleys, Passages, W< ters, Water-courses, Rights, Liberties, Privileges, Hereditaments and Appurtenances, whatsoever thereunto belonging, or in any wise appertaining, and the Reversions and remainders, Rents, Issues and Profits thereof; and all the Estate, Right, Title, Interest, Property, Claim and Demand whatsoever of the said Grantor, in law as in equity, or otherwise howsoever, of, in, and to the same and every part thereof

T O H A V E A N D T O H O L D the said lot or piece of ground with the Buildings and Improvements thereon erected, the Hereditaments and Premises hereby granted, or mentioned and intended so to be, with the Appurtenances, unto the said Gi-antee, its Successors and Assigns, to and for the only proper use and behoof of the said Grantee, its Successors and Assigns, forever.

A N D the said Grantor, its Successors and or Assigns, does by these presents, covenant, grant and agree, to and with the said Grantee, its Successors and Assigns, that it the said Grantor all and singular the Hereditaments and Premises herein above described and granted, or mentioned and intended so to be, with the Appurtenances, unto, the said Grantee, its Successors and Assigns, against it the said Grantor, its Successors and Assigns and against all and every Person,or Persons whomsoever lawfully claiming or to claim the same or any part thereof, by, from or under it, him, her, or any of them, shall and will WARRANT and forever DEFEND.

I N W I T N E S S W H E R E O F the said Grantor has hereunto set its hand and seal the day and year first above written.

SEALED AND DELIVERED

IN THE PRESENCE OF US:

DOYLESTOWN STORE & LOCK

By: f ^ /^LtyW^-ftV

FRED BEANS

By:

General Partner

General Partner

SI 952 S2098

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92945-DFA

Commonwealth of Pennsylvania} County of BUCKS }

On this, the o l ' f ' d a y of OCTOBER, 1999, before me, a Notary Public for the Commonwealth of Pennsylvania, residing in the below mentioned area, in witness of the undersigned Officer, personally appeared

FRED BEANS, CHRISTOPHER B. CHANDOR, JOHN H THOMPSON

known tome (satisfactorily proven) to be theperson(s) whose name(s) is/are subscribed to the within instrument, and acknowledged that he/she/they executed the same for the purposes therein contained.

I hereunto set my hand and oMcial

Notarial Seal „ ^„ Teresa Z, Medlch. Notary PuWte

. Dt^testownBoro, Bucks Comw •My-C^lsslon Expires Mar. 13.2000

Memb'ef, Pennsylvania Assooiauon of Notaries

Notary Publ

My Commission Expires:

^ i . :iS52 i2099

DOYLESTOWN TOWNSHIP

DHED REGISTRATION

T.P.#.,. ^ - r ^ ^ V .DATE.yO--^y-,^^.-TV,'?. SECRETARY,

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I99.9GCI 2S P 3--U5 b8i|5

The address of the above-naned Grantee(s)

On behalf of the^Grdntee(s)

-too

^ '/ ^^^

_ i ^

RCeERT CHALPHIN ASSOCIATES, INC-

92945-DFA

DOYLESTOWN STORE & LOCK, a Pennsylvania General Partnership

TO

EXTRA SPACE OEVEIjCMENr, LLC a U t a h L i m i t e d L i a b i l i t y Coirpany

DEED

PPE^aSES: 390 North Broad Street Doylestown Township Bucks County, PA TPN# 9-9-46-1

IN <-C-..'KTr :r^ a.iQ5_ p^

OCT 29 99

CD O

1 . .

CSJ ^ : : ' i

Csf

\n <Ti

• 3

o o 03 M

o , 3 : CO

5 < <N

S

UJ

O —3 111

AR000514

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Deed Book

Page

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\

^ ^

r

^ S ^ ^

I

i

rMau.fi>DMdK.. iit'S r,t„1rO t n J,il S„VI 1,1 l(,l,ii C q u i t Co., 1310 Wil,,iil Sr.. rhiti.

d»y ol '1)121 Snbentu te mate t ^ / ' !' l iUlHyi '^L in Ihe year oi our Lord ono lliousond nine hundred nnd Qlglity-flVQ (1985 )

JEFFREY SHAAK

(hereinilter eallsd ihs Granlor ), oi tfae one pirl , nod

DOn.ESTawi STORE & UXK

^ S S t t n e a a p t t l ^ T h t l the lald Cnmor

(hereinnClor oiilled the Qranlee ), ol the otiier part,

tor ind In oonildentlon'of Ihe luin ol

ONE DOLLAR ( $ 1 . 0 0 ) . . " " - - - - - - i ^ ^u j money oi (he Uniled Stalai of Amerlee, unto him well tnd truly paid by (he laid Qrantce , al or belore the tealini and delivery hereol, (he reeeipl tvhereoi It hereby aoknowledfed, has iranied, bariained and lold, roleated and oonCinned, and by iheie prcienta does Irani, bar | t[n and lall, raleaia and eooBrm unto the laid Grantee i t s beirt and aailiat,

ALT. TIIAT CERTAIN lot: or piece o£ ground, with tho buildings and irnproveinonl:s thoreon sreotied, oltuatie in tha Townohip o£ Doyleabov;n, County of Ducka and Conmionwealth of Pennaylvanla, being Lot Number 1 OS Bhown On the Pinal Plan aa prepared for Doyleatown Rivet & Machine Company, Inc., by Waisel Cr Gilmore Aasociatea, dated Maroh 11, 1974, last raviaad April 2, 1974 and recorded Juno 3, 1974 in Plan nook 122 page 41, more fully bounded and doaoribad aa follows to witi

BEGINN.TNG at a point in or near t:he center line of butch-iana, Townahlp Road No. 350 aa designated by Doyleatov/n Townflhin, and Broad Street aa deaignatad by the Borough of Doyleatown, a corner of land now or lata of Chom-Fab Corp.; thenco along landa of the aaid Chem-Fab Corp., the two following couraoa and dlatanaoai (1) South 39 dagreea 56 minutes Wast 214.00 feet to a point) (2) South 49 dogreaa 00 minutes Kaat 195,49 feet to a point a corner of Lot Number 2 aa shown on said plan; thanoa along the sold Lot Number 2 South 40 degrees 12 minutes West 603.5S feet to a point in line of lands of tho Borough of DoylQstot,;n SoxMna

rees 12 minutes or late of BesBia

^. feet to a point in line of lands of tho Borough of n \^ Diaposal Plan Tract j thance along same North 49 degr ^ Wast 479.73 feat to a point a corner of- lands now or ^ ..w. w.. ..=„ ^^M. Henningi thance along tha four following courses and distancesi (1) ^ South 60 degreea 27 minutes East 149.54 feat to a point) (2) North

feet to a point) (3) North 49 degrees minutes

J 37 degreaa i8 minutes East 577 ^ 0 0 minutes West 163.64 feet to a point) (4) North 41 degrees 00 minu ^East 213.96 feet to a point in or near the center line of Dutch Lina ^ Broad Street, aforeaatd) thence along anmo South 49 dcgrooo 00 minuLaa

East 326.38 feet to tho Point and Place of BEGINNING.

Ij;;ibi)y-22i5

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BEING THE SAME PREMISES HhioH El Passo Inporporatad, a Pennsylvania Corporation granted and conveyed unto Jeffrey Shaak by dead dated September 28, 1982, recorded October 12, 1902 in Deed Book 2478 page 647, Bucks County records.

COUNTy PARCEL NUMBER 9-9-46-1.

C0;.\I,^0NV.'DAI1H OF PEMf^WLVAI-IIA ~ Dt?Atn/.'.EI-ll OF F.EVFNUE v i

PtMW • "

COMtA01WeAlTllOFrENt>lSYlVANIA|:-. niPARTMEI-II OF KEVENUE

9 0 0. 0 0 H.mm V—

IBf,NIMIIftB,j,,5

C O M W O I W E A n i l OF PENNSYLVANIA " REPAHTMENT Ot- FitVfNUE

COMMONV/CAITH OF PENNSYLVANIA DEPARTMENT OF REVPNUE

ISAN»ltl,t8,|j. r.D.iiiM

9 0 0. 0 0 BtAllV • " IRAHSIIR „o,o.,s

I'.D.IIIHI

9 0 0. 0 0

IRANSFER TAX PAID

COM,MOtgV/EAlTll OF PENNSYLVANIA: DE('AnTAtE|,4T OF REVENUE

RIAllY • HANWIP. 1,\X

9 0 0. 0 0

Dssas-ssG

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S ^ D 0 f t l ^ ^ r with all nnd linjiilar the b u i l d i n g s and tmprovctncnii, wayi, itrccls, alloyi, drivowayi, pasiafej, walere, wnler^couriei, rl^hli, llberllei, privlletei, hDredliBmonli nnil oppurlonancot, whoKoovor unto the hereby Iranled prAmliei holoni|lnt!i or In nn/swlio hppcrlninlng, nnil the rovoraiona nnd rumnlndon, ronli, liiuoi, and proflli fhcreol; and all the eitiito, rtthi, lillp, inlorcit, properly, olnlin nnd domand whaKoever ot

him (he laid tmnlor , oi wall at low u< In equity, ol; in, and to the aame.

^ O i j S U r n t t U t o i j l l l n the t M tot or piece o t ^ m u n d above deiorlbcd wi th t h e KuHdirigs and iKprovemanta thereon e r e c t e d , t h e hnredliniriDnla and premliei hereby Ironled, or monlloncd and Inlandeil to to be, ivllh Ihe appurttnancei, unto tho •aid Oranleo , i^B holri and atilini, lo and lor tlio only proper uie and bthoot at the aaid Orantea , I t a | ,e |n and aiilint (orovor. '

J \ n U Ihe tald Granlor , h i a a a a i g n s and heirt,

exooumra and odminlstrolorii do cs covcnnnl, prnmt.» nnd n^rco, to ond with llie latd OrantoD , i t a hein nnd nialjna, by llieto prcienli, ihnl ha tho said Orantor and h i s

hcira, ull and ilnjuliir die harcdilnmsnli nnd proniiioi liorehy jrnnled nr meniioncd and Inmndcd lo lo bo, Willi llie appurlcDiiiicci, nnio llio aaid Grnnlue , i t a iioira and aaaigni, osoinsl him • Ihi laid Oranlor and h i a licira, and nfiilnii all ond ovary pcrinn and poraona whomaover low. fully einlnllnit 01-In olalm llic aninc or any pari lliarcol, by, Irnm nr under hiJT), h e r , them or any oi ihnm, abnll and will

WArtRANT ond torovor DEFEND.

I n i n i t n r i i t B i f e t t a t , iho par ty of t h a f i r s t p a r t has

h i s hnnd mid >cal . Doled ihu doy and ycnr lir«i r.hnve wrillon.

hcrcunin act

IN THB r«B3BNCB OP tJS

• ) f E F m p l SIIAAK

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D255)«3-22*7

BUCKS COUNTY lnst.# 1985007388-Page 3

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Comnionwealih ol Penniylvania County o( BUCKS ^ / ) | "

On All, tho / I J day of r - t > w u . / r t ^ t V I9B5 hofnro mo, a Noiory Piihlio lor

tfat undarallnad O S M T I

Ihe Conunonwoatih ol Penniylvania, rcaidinK in ilic o, i-Umuc

peraonally appeared J e f f r e y Shaak

known t o m e (tatiilaotorlly proven) to ho the peraon ivhoae name • la l « » ) aubiorlbed JA,'th»~wltbIn inairtimenti ond aclmowledled that he eaeoutcd the aame for the.purpoiea thertln <^htatne{|.t,' j '

I n B n t n c n {fl l iertof, I hereunto let my hand and nffiolal aeal.

U-1.XJ I I I I ,1 M W W g g W g ^ ^ g

t ^ I

;sj

U l l

BUCKS COUNTY SS; MCOROEO IN THE RfCORDERI OFFICE OF SAID COUNTY IN

jjgg^ BOOK 2599

WITNESS MY'flAND AND SEAL 01

OFFICE F e b r u a r y 2 0 t h ' % s

HECORDER OP DEEDS ^ < 5

r

/ 1 ^ •8

)259a:r2gS,_

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Dsscl Book

2478

% ^ ^ ^ V H ^

6 A "7

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1.

1 V

: ^ 1

• M

C«>pondsn I>M<L No. WZ. Trinlid I n • » ! S<U by Jcho C UUik Co., I C l t Wdnul St, PU1>.

c ^ S " ^ day oi ^^^jyfir^Jjir^ in the year ot otu Lord one thousand nine hundred and eighty two (1982)

EL PASO INCORPORATED (a Pennsylvania c o r p ) , p a r t y of the f i r s t •

JEFFREY SHAAK, p a r t y Of the aecond p a r t

i t n ^ S B l t t i f f Thai tha taid party Of the f i r s t pa r t . I

lawful money of tha United Statet of America, unto i t well and truly paid by the taid

party of the second part, at atul before the lealing and delivery

of thete preient t , the receipt whereof it hereby acknowledged, h a s granted, bargained, told,

aliened, enfeoffed, releated and confirmed, and by thete pretenlt d o e s ' grant, bargain, tell,

alien, enfeoff, retaate and confirm unto tha taid p a r t y of. 1:he s e c o n d p a r t , h i s h e i r s and ataiffnt.

ALL THAT CERTAIN lot Or piece Of ground, with the buildings and im­provements thereon erected, situate in the Township of Doyles­town, County of Bucks, Commonwealth of Pennsylvania being Lot No. 1 as shown on the Final Plan as prepared for Doylestown Rivet & Machine Company, Inc., by Weisel & Gilmore, Associates, dated 3/11/1974, last revised 4/2/1974 and recorded 6/3/1974 in Plan Book 122 Page 41, more fully bounded and described as follows, to wit:

BEGINNING at a point in or near the center line of Dutch Lane, Town­ship Road No. 350 as designated by Doylestown Township, and Broad Street as designated by the Borough of Doylestown, a corner of land now or late of Chem-Fab Corp.; thence along lands of the said Chem- • Fab Corp., the two following courses and distances; (1) South 39 degrees 56minute3 West 214.00 feet to a point; (2) South 4 9 degrees 00 minutes East 195.49 feet to a point a corner of Lot No, 2 as shown on said plan; thence along tha said Lot No. 2 South 40 degrees 12 minutes West 603.59 feet to a point in line of lands of the Borough of Doylestown Sewage Disposal Plan Tract; thence along same North 49 degrees 12 minutes West 479.73 feet to a point a corner of lands now or late of Bessie M. Henning; thence along the four follow­ing courses and distances; (1) South 60 degrees 27 minutes East 149.54 feet to a point; (2) North 37 degrees 18 minutes East 577.03 feet to a point; (3) North 49 degrees 00 minutes West: 163.64 feet to a point; (4) North 41 degrees 00 minutes East 213.96 feet to a point in or near -the center line of Dutch Line - Broad Street, afore­said; thance along aame South 49 degrees 00 minutes-'East 326.38 feet to the point and place of Beginning.

BEING THE SAME PREMISES WHICH Doylestown Rivet and Machine Company, Inc., (a Pennsylvania corp.) by its deed dated 2/8/79 and recorded in Deed Book 2324 Page 818, did grant and convey unto El Paso Incorporated, (a Pennsylvania corp.)

D2i78-CG47

.

for and in contideraOon of the t a m of ONE HUNDRED THOUSAND DOLLARS ( $ 1 0 0 , 0 0 0 . 0 0 )

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I J

^ ^ Q t i i l B V with aU and tingular iha

xcayt, watert, water<ourtet , rightt, Ubertiet, privileget,

hereditamentt and oppurtenaneat whaltoever thereunto belonging, or in any wtte appertaining, and

Ihe revertiont and ramaindert , rentt , i t iuet and p r o fill thereof t and all the ettate, right, title, inter-

ett, properly, claim and demand whattoevar, of p a r t y Of t h e f i r s t p a r t

in taw, equity, or otherwise howtoever, of, in, and to the t ame atid every part thereof.

2^0 i;au0 a n h t a ifaih <'>« '«<<<

I

I

h«re<{i(amenl« and premitet - hereby granled

or mentioned and intended to to be, with the appurteiutncei,

unto the taid p a r t y of the second p a r t , h i s h e i r s

and ati ignt , to and for the only .

proper tue and behoof of tha laid p a r t y o f t h e s e c o n d p a r t , h i s h e i r s

aiMl a i t tgni , forever.

^ t x i i ' h e taid party of the first part, for itself, its successors,

i3aes by theia pretenlt , covenant, grant nnd agree, to al\d with the taid p a r t y Of t h e S e c o n d

part, his hairs

and anigna, that • i t the taid p a r t y of the f i r s t p a r t , I t s s u c c e s s o r s , and a s s i g n s ' „ ^ . , '

' • all and ungalar

the hereditamenlt and premitet herein above detcrlbed and granted, or mentioned and intended

to to be, with the appurlenancei, uiuo the laid p a r t y Of . t h e s e c o n d p a r t , h i s . h e i r s

and aitignt, againtt i t the taid pa r ty Of t h e f i r s t p a r t , i t s Successors and a s s i g n s .•

I and againtt all and every O t h e r perton or pertont whomtoecer lawfully claiming or to claim

i the tame or any part thereof, b y , f r o m OX U n d e r , h i m , h e r , i t , t h e m o r a n y ,

j ° ^ ^^^"^ than and will

i WARRAKT and forever DEFEND. I

111 VOI t l lCS« Y B ( t » r * 0 i , the taid Corporation hat eauted thete pretenlt to , executed

\ and Itt common or corporate teal hereto afuted, EL PASO INCORPORATED (a ,Pr t"corp ' . ' ' ) ' - .

Altetl

D2578~Co.l8

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ZlfCeiVl^Zt, the day of the data of tho abova Indenture, of the above-rutmad

Commonwealih of Penntylvania

\ County of ^ t ^ C , / ^

O n A h i t . t h e ^ ^ , , ' ^ ^ ^ day of '^^/" 'T^- / -e^^ , i982 , 6e/o« nw,Ihe Subscriber, ; a Notdry Publ ic , duly qua l i f i ed and oomiissioned, r e s i d i n g i n , y , . «•

. ' the underiignad officer,

! perionally appeared t f f r^ r i*^ NoJT l t* !— vho acknowledged hiiuielf (hertelf)

to be Ihe ffffi,-Jk».^r of EL PASO INCORPORMED (a Pa. Corp.)

• a corporation, and that jsha at tuch officer , being authorlxed lo do to, executed ' the foregoing initrument for the purpoiei therein contained hy tigning tha name of tha corporation : by himtelf (hertelf) at

' IN TTITNESS WHEREOF, I have hereunto tel my hand and offieial teal.

'• '•'» O -»

t o

OO

• 3 ;

o en

C9

i.

li! I Tha f-jctCf^fiiA of the within named Grantee

la ^ . . M c;^/af.^^MU^.,..

DANIU F. Sl)Ff >IOTASllT?U8LIC _ .' J NOCKAHIXOlJ-WI*^1ICKS COUBTY-•• .••

HY WHHISSrail t X P I R t i s E f I . J ? ; ; 3 l f ' ^ ^ . litnMr, Pfuniylnnii Atuxjitijii c t t loui i t i

Q a u -E 0

g" 0 IS

8S ,

(^ i » ,». ^ S ^ ^

g TO' Z M +1 W IS) H >,

10 0 C tn c p< (><

• 4 CB.

« ' S) X. ^ '\;

§ ^ ^ fr4 \ S <»

1 1 e ^ r~' 1

*« %. ^ County bf Sucks K i 6 t t i t U 2 U <n 1 ^ Ogiea for Recording of Deade in and for

No. in Deed Book

&c 2478

^ ' " 647

W i t n e s s my hand and teal of Office thie 12th

day of October Anno Domini 19 82

{^tu/ii.T^'TZ^r,^ R E C O R D E R O F DEEDS

D2478-064a

/

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Parcel Number

-b-Z

Assessment

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Bucks County Public Access rage i or i

Bucks Coimly

ci-o-> »

*PARCEL »OS PROP SITE OfrJNER

ftTTENTION • LAND. USE LEG.nL DESC DEED DATE • SALE PRICE ASb-ESSMENT EST. TAXES —ESTIMATED YEAR BUILT;

PARH 0762 DATE:- Oy/26/07' TIME: 15:18'

COUNTY OF BUCKS PUBLIC ACCESS SYSTEM BOARD OF ASSESSMENT / REAL ESTATE DATA "INDUSTRIAL PROPERTY DESCRIPTION

« »: « » . _.«. FL CRD »01 « OF OITAX ST: 000266 BROAD ST ' •• . •/ MUt I: DOYLESTOWN BORO BRAMAN, JOSEPH & BERNADETTE. ' . • ' 1618 GROVE AVE, .JENKINTpWN'PA 1904'6 '' .

3325 i-ST'-WHSE/MFG.UP TO 257000 SF - NOT IN . PARK " LOT S S N BR07VD-ST 225 FT W DOYLE ST 297X163' 11/15/2004 BOOKl: 4238 PAGEl: 2017 B00K2: 'PAGE2: . 479,059 STAMP: 4,790.59 SCH DIST: C.BUCKS

TOTAL 150,280 ACT;' CbU>JTY 3297.46 MUN 1314.95 SCHOOL 15910.14 TOTAL 20522.

jfTraRsrifiiJ;:

QtJit

TAXABLE k m,

TAXES .ARE CALCULATED ON THE LATEST MILLS AND ASSESSMENTS AVAILABLE— 1970 . • OVERHEAD DOORS:" 2 . ELEVATOR: NO - BASEhJENT: NO

STORY HEIGHT: 1 GROSS SQUARE FEET: 23640 W.LL HEIGHT: .' 12 PCT INTERIOR FINISHED: 50

• SPRINKLER: NO

TRAlvfSMIT TO FORWARD

WALL CONSTRUCTION HEATING: AIR CONDITIONING: PLUMBING:• OTHER YARD/BLDGS:

« CMD=(SR,

: BR,CB • YES NO YES NO

FR,RT, TR) XMIT-.> »

httn-//4 d ' i f,' 748/flntnfnrTh Jicn Q/9(^/70n7

AR000525

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Deed Book

4238

P r5 P ^

2017

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BUCKS COUNTY RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 (215)348-6209

Instrument Number - 2004159084 Recorded On 12/27/2004 At 12:41:56 PM

* Instrument Type - DEED Invoice Number-28830 User- SLL

* Grantor - DOYLESTOWN RIVET & MACHINE CO INC * Grantee - BRAMAN, JOSEPH * Customer - SAVINGS ABSTRACT CO / BARB *FEES STATE TRANSFER TAX $4,790.59 RECORDING FEES $46.50 CENTRAL BUCKS SCHOOL $2,395.30 DISTRICT REALTY TAX DOYLESTOWN BOROUGH $2,395.29 TOTAL $9,627.68

* Total Pages - 4

This is a certification page

DO NOT DETACH

This page is now part of this legal document.

RETURN DOCUMENT TO: SAVINGS ABSTRACT CO /BARB

I hereby CERTIFY that this document is recorded in the Recorder of Deeds Office of Bucks County, Pennsylvania.'

Sward R. Gudknecht Recordei- of Deeds

' Information denoted by an asterisk may change during the verification proce.s$ and may not be reflected on this page.

Book: 4 2 3 8 Page: 2 0 . 1 7

O0B75E

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S.aving? AbetrHo-", To. •'><H Washington Lane

Suite 201 •Jenkintown PA 19046

File No. D372038MB Parcel ID No.

T h i s I n Q G n t U l T B 5 inade the 15th day of November, 2004,

Between

DOYLESTOWN RIVET & MACHINE CO., INC. A PE, A PA CORPORATION

(hereinafter called the Grajitor), of the one part, and

JOSEPH BRAMAN AND BERNADETTE BRAMAN

(hereinafter called the Grantees), of the other part,

W l t n e S S e t h , that the said Grantor for and in consideration of the sum of Four Hundred Seventy-Nine Thousand Fifty-Nine And 00/100 Dollars ($479,059.00) lawful money of the United States of America, unto it well and truly paid by the said Grantees, at or before the sealing and delivery hereof, the receipt whereof is hereby acknowledged, has granted, bargained atid sold, released and confirmed, and by these presents does grant, bargain and sell, release and confirm unto the said Grantees, as tenants by the entirety

ALL THAT CERTAIN tract of land situate in the Borough of Doylestown, County of Bucks, Pa., bounded and described according to a survey thereof made 10/27/1950 by W. O. Weisel & Son Civil Engineers and Surveyors of Doylestown, Pa. as folIowsiBEGINNING at an iron bolt in the center line of North Broad Street (as the same was originally opened 33 feet wide) 225.00 feet Northwest (along the said centerline) from a steel axel at its intersection with the center line of Doyle Street (50 feet wide); thence by lands of the Bucks Hoisery Company South 41 degrees West 162.96 feet to an iron pipe a corner in the center line of a proposed alley (20 feet wide); thence along the center line thereof by- other lands of W. H. Swartly, of which the within described premises was a part and'crossing a proposed 50 feet wide street North 49 degrees West 254.97 feet to an iron pipe a corner in a line of land formerly of Emma Crissey, now of Martin Paul Arndt; thence along the said line North 40 degrees 12 minutes East 162.98 feet to a steel axel, a corner of the aforesaid center line of North Broad Street; thence along the center line thereof (recrossing the aforesaid proposed 50 feet wide street) South 49 degrees East 257.25 feet to the place of beginning.CONTAINING .958 acres of land (including the bed of a proposed 50 feet wide street).

Being the same premises which Peter Ference and Josephine Ference, his wife by Deed dated 2-1-1961 and recorded 2-2-1961 in Bucks County in Deed Book 1584 Page 65 conveyed unto Doylestown Rivet & Machine Co., Inc. a Pennsylvania Corporation, in fee.

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AR000528

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vE/OgEtljEU tDltl) all and singular the buildings and improvements, ways, streets, alleys, driveways, passages, waters, water-courses, rights, liberties, privileges, hereditaments and appurtenances, whatsoever unto the hereby granted premises belonging, or in anywise appertaining, and the reversions and remainders, rents, issues, and profits thereof; and all the estate, right, title, interest, property, claim and demand whatsoever of it, the said grantor, as well at law as inequity, of, in and to the same.

vE-O O^bC a n b to iJOlu the said lot or piece of ground described above, with the buildings and improvements thereon erected, hereditaments and premises hereby granted, or mentioned and intended so to be, with the appurtenances, unto the said Grantee, his heirs and assigns, to and for the only proper use and behoof of the said Grantee, his heirs and assigns, forever.

S n o the said Grantor, for itself and. its successors, does, by these presents, covenant, grant and agree, to and with the said Grantee, his heirs and assigns'; that it, the said Grantor, and its successors and assigns, all and singular the hereditaments and premises herein described and granted, or mentioned and intended so to be, with the appurtenances, unto the said Grantee, his heirs and assigns, against it, the said Grantor, and its successors and assigns, and against all and every other person and persons whosoever lawfully claiming or to claim the same or any part thereof, by, from or under him, her, it, or any of them, shall and will

Warrant anb Jf oreber Befenb.

3 l l ^ i tn££(£( ^!()CrBOf, the'party of the first part has caused its common and corporate seal to be affixed to these presents by the hand of its President, and the same to be duly atested by its

Secretary. Dated the day and year first above written.

^ealeb anb ©Elibercb IN THE PRESENCE OF US:

DOYLESTOWN RIVET & MACHINE CO., INC., A PA CORPORATION

•c L. ^ C f i r y L ^ By: /y<!'€^<r7~ti:^ ^ ( ^ ^ ^ < g - ^ {SEAL} Victoria Collins, President

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STATE OF .A-fUXi^P^ COUNTY OF Cc/^uH-tse } SS

AND NOW, this ^ A ^ day of /\)DOei^6<^ti-^ ^C><-f , before me, the undersigned Notary Public, appeared Victoria Collins, who acknowledged himself/herself to be the President of Doylestown Rivet & Machine Co., Inc., a corporation, and he/she, as such President being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the corporation by himself/herself as President. .

IN WITNESS WHEREOF, I hereunder set my hand and official seal.

OFFlCiAL SEAL LYD{AA.LAMB

NOTARrpuauc-SMiorMnm COCHUEOOUNTY

^ C o m a Expta Oct 20.2006

Notary Public .:, . ^ ^ ^ o ^^ ' ^ L My commission expires Jrr rrr • cl±

The address of the above-named Grantee is: .

'^£rA//-^/A/ yz^u '^^ /^^r^/fcYjC^ On behalf of the Grantee(^-"/'^

File No. D372038MB

T.Mj>. »^ > ^ - < r - ^ PagriL-

Record and return to: Savings Abstract Company 501 Washington Lane Suite 201 Jenkintown, PA 19046

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|nst.# 2004159084-Page 4

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ParGel Number

8 c o - D - D

Assessment

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Bucks County Public Access Page 1 of I

Bucks Q)imty Gover

•'' (>ID-> » PMm 0762 DATE: 09/26/07 Tlt-E: 15:20

« COireiTY OF BUCKS PUBLIC ACCESS SYSTEM BOARD OF ASSESSMENT / REAL ESTATE DATA

INDUSTRIAL PROPERTY DESCRIPTION

« » 005 « » 003 « „ « y, « j> << PL CRD » 01 « OF OITAX ST

: 000260 BROAD ST MUN: DOYLESTOWN BORO : TRI PART L P , - . 2005 S EASTON RD # .307, DOYLESTOWN PA 18901

Transmit

n_. Quit *PARCEL » 08 PROP SITE (yWt'JER

ATTENTION LAND USE LEGA.L DESC DEED DATE SALE PRICE RSSF.S.SMF.NT EST. T.AXES

--ESTIMATED TAXES ARE CALCULATED ON THE LATEST MILLS AND ASSESSMENTS AVAILABLE--YEAR BUILT.: 1950 OVERHEAD DOORS: 0 ELEVATOR: NO BASEMENT: NO

TAXABLE Exit

: 3340 1-: 8.952AC

ST WHSE/MFC ABOVE 100,000 SF -C SW COR

: 07/11/2000 BCK3K1

;'

: COUNTY

DOYLE 2095

1 STAMP:

11146.59 MUN

NOT IN PARK-£ BROAD ST 973' ON DOYLE ST PAGEl:

<14<i5.00

1625 SCH

SCHOOL

B00K2: DIST: .TOTAL 53781

PAGE2 :.BUCKS

508 000 .96 TOTAL

ACT: 69373 55

STORY HEIGHT: 1 GROSS SQUARE FEET: 19032 6 WALL HEIGHT: 17 PCT INTERIOR FINISHED: "20 SPRINKLER: NO

WALL CONSTRUCTION: CB HEATING: YES AIR CONDITIONING: NO. PLUMBING: YES OTHER YARD/BLDGS: NO .

TR,Al-fSMIT .TO FORW/\RD CMD=(SR,FR,RT,TR) XMIT->

httn://4.43.65.248/autoform.asn 0/26/2007

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Deed Book

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T H I S D E E D , made this H t h day of J u l y 200 0

B E T W E E N , DOYLESTOWN STORE & LOCK, a P e n n s y l v a n i a . G e n e r a l P a r t n e r s h i p ,

(hereinafter called the "Grantor(s)").

of the one part, and .. TRi PARTNERS, L . P . / a P e n n s y l v a n i a L i m i t e d P a r t n e r s h i p ,

(hereinafter called the "GranteeCs)"), of the other part.

W I T N E S S E T H , That inconsideratioaof ONE DOLLAR ( ' $ 1 . 0 0 ) ' . /• _ . Dollars,,

in hand paid, the.receipt whereof is hereby acknowledged, the said Grantor(s) do hereby grant and convey unto the said Grantee(s) t h e i r h e i r s . ' and assigns, ' ..

ALL THAT CERTAIN: lot or tract of ground, situated in Doylestown Bbrough, Bucks Coimty, Pennsylvania, as shown on a Plan entitled "Plan of Property .for Doylestown Store and Lock TMP 8-5-3",i prepared by Van Cleef Engineering Associates, dated 3/28/2000, revised 3/2'9/3(X)0 and being more particularly described, as follows:

BEGINNING at a point formed by the intersection of the centerHne of Broad Street (33 feet wide) with the centerline of Doylc Street (50 feet wide), and firom said point running: thence (1) along the centerline of Doyle Street, South 39 degrees, 43 minutes, OO seconds West, a distance of 872.98 feet to a point in line of lands now or formerly of Thomas A. and Carol R. Logan (TMP 8-4-282-3); thence (2) leaving Doyle Street and running along lands of Logan and along the face of an.existmg building thereon, also along lands now or formerly of Stephen!, and Eleanore Beck (TMP 8-4-282-1) and along the face of an.existing building thereon, and along lands nowor formerly of Anthony S. and Diana C. Caulfield (TMP 8-4-282-2) and along the face of an existing building thereon, NorthSl degrees, 19 minutes, 00 seconds West, a distance of 453.66 feet to a point for a comer common to lands of Caulfield, said point being on the centerline of Avenue "A" (unimproved); thence (3) continuing along lands of Caulfield and along the centerline of Avenue "A" (unimproved), South 39 degrees, 45 minutes, 00 seconds West, a distance of 80.00 feet to a point on the Northeasterly right of way line of Harvey Avenue (40 feet wide); thence (4) partly along the Northeasterly right of way line of Harvey Avenue and leaving Avenue "A" (unimproved). North 51 degrees, 19 minutes, 00 seconds West, a distance of 36.70 feet to a point in line of lands now or formerly of the Bucks County Water & Sewer Authority (TMP 8-4-30-1), said landsibeing the site of the "Harvey. Avenue Sewage Treatment Plant"; thence (5) along lands of the Bucks County Water & Sewer Authority, also along lands now or formerly of Tilley Family Limited Partnership, L.P. (TMP 9-6-46), said lands being situated along the municipal boundary dividing Doylestown Borough from Doylestown Township, and continuing along other lands now or formerly of Tilley Family Limited Partnership, L.P. (TMP 8-5-1), North 40 degrees, 12 minutes, (K) seconds East, a distance of 809.67 feet to a point in line of lands now or formerly of Doylestown Rivet & Machine Co., Inc. (TMP 8-5-2); thence (6) along lands of Doylestown Rivet & Machine Co., Inc., South 49 degrees, 00 minutes, 00 seconds East, a distance of 254.97 feettq a point for a comer to the same; thence (7) still along the same. North 41 degrees, 04 minutes, 02 seconds East, a distance of 162.97 feet to a bolt found for a comer to the same on the centerline of Broad Street, aforementioned; thence (8) along the centerline of Broad Street, South 49 degrees, 00 minutes, 00 seconds East, a distance of 224.81 feet to the point of BEGINNING. . '

CONTAINING a calculated area of 8.955 acres (390,101 square fee). :

BEING Tax Parcel No. 8-5-3. •

BEING the same premises which Bernard M. Eiber, Executor of the.Estate of Arma Yarmark, deceased, by Deed dated 4-12-2000 and recorded 4-18-2000 at Bucks County, Pennsylvania in Land Record Book 2041 page 1992, granted and conveyed unto Doylestown Store & Lock, a Peimsylvania General Partnership, in fee.

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ntoi\5; AA^^the said Grantor^) do hereby covenant to and with the said Grantee(s) that t h e y the said Grantor(s) SHALL and WILL

, • Warrant and forever defend the herein above described premises, with the hereditaments and appurtenances, unto the said Grantee(s) t h e i r h e i r s and assigns, against the said Grantor(s) and against evet7 other person lawfully claiming or who shall hereafter claim the same or any part thereof, by, from or under them or any of them.

IN WITNESS WHEREOF, the said Grantor(s) ha vecaused these presents to be duly executed, the day and year first above written.

In the Presence of: SEALED AND DELJVERED

(SEAL)

Commonwealth of P e n n s y l v a n i a County of B u c k s On this 1 1 t h day of J u l y , A.D. 200 0, before me, the undersigned:officer, personally appeared FRED BEANS, CHRISTOPHER B . 'CHANDOR, JOHN'H^. THOMPSON ,knowntome(or satisfactorily proven) to be the persons whose name s a r e subscribed to the within instrument and acknowledged that t h e y executed the same for the purposes therein contained.

Notarial Seal Tem«a Z. Metfch; Notsiy PuUic Doytesto\wi Bora, Bucks Courtly

My Commisalon Explies Maf. 13, 2004 Member. Pennaytvsnla Association o( rjotailes Notary Public

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I I £ ^ Ok ^ 1 W^ f^ f^ m^

1992

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THIS INDENTURE, MADE THE / p . . ^ • day of

APRIL i" * s year of our Lord two thousand 200 Q

BETWEEN,

BERNARD M. EIBER, EXECUTOR OF THE ESTATE OF ANNA YARMARK, DECEASED

(hereinafter called the "Grantor(s)"), of the one part, and

DOYLESTOM STORE & LOCK, A PENNSYLVANIA GENERAL PARTNERSHIP

(hereinaftercalledthe "Grantee(s)"), oftbeotherpart.

of ±eo±erpsn , W I T N E S S E T H , That the said Grantor(s)

for and in consideration of (he sum of • TWO MILLION' EIGHT-HUNDRED THOUSAND ($2 ,800 ,000 .00 ) - . ' _ • •

lawful money of the United States of America, unto , well and truly paid by the said Grantee

at and before the sealing and delivery of these presents, the receipt whereof is hereby acknowledged, granted, bargained, sold, aliened, enfeoffed, released and confirmed and by these presents do •

grant, bargain, sell, alien, enfeoff, release and confirm unto the said Grantee i t s s u c c e s s o r s and assigns , In f e e .

ALL THAT CERTAIN lot or tract of ground, situated in Doylestown Borough, Bucks County, Pennsylvania, as shown on a Plan entitled "Plan'of Property for Doylestown Store and Lock TMP 8-5-3", prepared by'Van (ileef Engineering Associates, dated 3/28/2000, revised 3/29/2000 and being more particularly described, as follows;

BEGINNING at a point formed by the intersection of the centerline of Broad Street (33 feet wide) with the centerline of Doyle Street (50 feet wide), and from said point running: thence (1) along the centerline of Doyle Street, South 39 degrees, 43 minutes, 00 seconds West, a distance of 872.98 feet to a point in line of lands now or formerly of Thomas A. and Carol R. Logan (TMP 8-4-282-3); thence (2) leaving Doyle Street and running along lands of Logan and along the face of an existing building thereon, also along lands now or formerly of Stephen J, and Eleanore Beck (TMP 8-4-282-1) and along the face of an existing building thereon, and along lands now or formerly of Anthony S, and Diana C. Caulfield (TMP 8-4-282-2) and along the face of an existing building thereon. North 51 degrees, 19 minutes, 00 seconds West, a distance of 453.66 feet to a point for a comer common to lands of Caulfield, said point being on the centerline of Avenue "A" (unimproved); thence (3) continuing along lands of Caulfield and along the centerline of Avenue "A" (unimproved). South 39 degrees, 45 minutes, 00 seconds West, a distance of 80.00 feet to a point on the Northeasterly right of way line of Harvey Avenue (40 feet wide); thence (4) partly along the Northeasterly right of way Ime of Harvey Avenue and leaving Avenue "A" (unimproved). North 51 degrees, 19 minutes, 00 seconds West, a distance of 36.70 feet to a point in line of lands now or formerly of the Bucks County Water & Sewer Authority (TMP 8-4-30-1), said lands being the site of the "Harvey Avenue Sewage Treatment Plant"; thence (5) along lands of the Bucks County Water & Sewer Authority, also along

-continued-

B^ZOh \ PcA 3 S 2

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lands now or formerly of Tilley Family Limited Parmership, L.P. (TMP 9-6-46), said lands being situated along the municipal boundary dividing Doylestown Borough from Doylestown Township, and continuing along other lands now or formerly of Tilley Family Limited Partnership, L.P. (TMP 8-5-1), North 40 degrees, 12 minutes, 00 seconds East, a distance of 809.67 feet to a point in line of lands now or formerly of Doylestown Rivet & Machine Co., Inc. (TMP 8-5-2); thence(6) along lands of Doylestown Rivet & Machine Co., Inc., South 49 degrees, 00 minutes, 00 seconds East, a distance of 254.97 feet to a point for a corner to the same; thence (7) still along the same, North 41 degrees, 04 minutes, 02 seconds East, a distance of 162.97 feet to a bolt found for a comer to the same on the centerline of Broad Street, aforementioned; thence (8) along the centerline of Broad Street, South 49 degrees, 00 minutes, 00 seconds East, a distance of 224.71 feet to the point of BEGINNING.

CONTAINING a calculated area of 8.955 acres (390,101 square fee).

BEING Tax Parcel No. 8-5-3.

BEING as to a portion of premises the same premises which Bucks Hosiery Finishers, Inc., by Deed dated 2/7/1957 and recorded 2/8/1957 at Bucks County, Pennsylvania in Deed Book 1354, Page 218, granted and conveyed unto Anna Yarmark, in fee.

BEING as to a portion of premises the same premises which Edmund H. Berry, Jr., et ux, by Deed dated 3/1/]957 and recorded 3/4/1957 at Bucks County, Pennsylvania in Deed Book 1357, Page 344, granted and conveyed unto Anna Yarmark, in fee,

BEING as to a portion of premises the same premises which Edmund H. Berry, Jr., et ux, by Deed dated 9/9/1958 and recorded 9/9/1958 at Bucks County, Pennsylvania in Deed Book 1447, Page 495, granted and conveyed untO: Aima Yarmark, in fee.

BEING as to a portion of premises the same premises which Mohawk Devices, Inc., by Deed dated 11/22/1971 and recorded M/23/1971 at Bucks County, Pennsylvania in Deed Book 2019, Page 356, granted and conveyed unto Anna Yarmark, in fee.

BEING as to the remaining portion of premises the same premises which Borough of Doylestown, by Deed dated 12/12/1977 and recorded 12/13/1977 at Bucks County, Pennsylvania in Deed Book 2268, Page 222, granted and conveyed unto Anna Yarmark, in fee.

AND the said Anna Yarmark departed this, life on 1/12/1997 having first made and published her Last Will and Testament in writing bearing date of 9/6/1983, and Codicil thereto, also dated 9/6/1983, duly proven arid registered at iviontgomery County, Pennsylvania, being Estate No. 46-97-1151, wherein and whereby the said Testatrix did nominate, constitute and appoint Bernard M. Eiber, Executor of her Estate to whom Letters Testamentary were granted on 4/14/1997 to Bernard M. Eiber.

-• 0 n 5; \ ?i\\ 9 y

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T O G j E T H E i ? with all and singular tite b u i l d i n g s and improveihents, ways, streets, alleys, passages, waters, water-courses, rights, liberties, privileges, hereditaments and appurtenances, whatsoever thereunto belonging, or in any ways appertaining, and the reversions and remainders, rents,, issues, and profits thereof; and ail the estate, right, title, interest, property, claim and demand whatsoever of . the s a i d Grantor in law as in equity, or otherwise howsoever, of, in, and to the same and every part thereof.

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T O H A V E A N D T O H O L D the said l o t or p i e c e of ground above d e s c r i b e d

hereditaments and premises hereby granted, or mentioned and intended so to be, with the appurtenances, imto the said Grantee(s), heirs and assigns, to and for the only proper use and behoof of the said Grantee(s),

heirs ^ d assigns forever.

A N D the said Grantor(s),

covenant, promise and agree, to and with thc said Gran tee , i t s s u c c e s s o r s and ^ and assigns, by these presents

that , the said .

not done, committed, or knowingly or willingly to be done or committed, any act, matter of thing whatsoever whereby the premises . hereby granted, or any part thereof, is, are, shall or may be impeached, charged or incumbered, in title, charge, estate or otherwise howsoever.

IN WITNESS WHEREOF the p a r t i e s of the f i r s t p a r t have he reun to s e t t h e i r hands t h e day and year f i r s t above w r i t t e n .

SEALED AND DEUVERED } IN THE PRESENCE OF US: }

State of \}^AJO U (5V j t -County of f ^ O s ' s -a-*-

On this, the /a M^ day of / r p / l i ,200 , before me

personally appeared ^^Y)^d^.'^i i>U^ the undersigned officer.

, known to me (or satisfactorily proven) to be the person described in the foregoing instrument, and acknowledged thai he/she executed the same in the capacity, therein stated and for the purposes therein contained.

In Witness Whereof, I have heretmto set my haiid and official seal.

Stacey L. Rantala Notary Public, State of New York

No. 02RA5073873 Qualified in Nassau County

Commission Expires March 3, i 3 l 3 : £ ^ '

^ Czd^ h - ^JXMj:ttJlj2,

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State of County of

On this, the the undersigned Officer of

day of ,200 , before me, personally appeared who acknowledged himself(herself) to be the

a corporation, and that he/she as such ^ being autliorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of thc || corporation by himself(herself) as .

IN WITNESS WHEREOF, I hereunto set my hand and official seal.

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Print Job: EJONES - 09/24/2007 10:45:54 AM BUCKS COUNTY lnst.# 2000030177-Page 4

AR000540

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HAZARDOUS SUBSTANCE AND HAZARDOUS WASTE DISCLOSURE

Pursuant to applicable Pennsylvania law; Grantor hereby acknowledges

that hazardous substances and/or waste may have been disposed on or be present at

the Property. A site layout.depicting the location of buildings "on the Property, fornner

underground.storage tank locations and remediated soil piles is attached as Exhibit A.

Testing of soil adjacent to the ink storage room of the 1960 building has

shown the presence of beryllium and copper within Statewide Health Standards, and

lead.

Impacted soil.in the area of the underground 1,000-gallon number 2 fuel

oil tank and the 4,000-gallon number 4 fuel oil tank was excavated. Subsequent testing

in the area of the 1,000 gallon tank indicates that isopropyl benzene and fluorine is'

present but that the area is within Act 2 Statewide Health Standards. Low levels of total

petroleum hydrocarbons within Statewide Health Standards was foUnd beneath the

6,00G-gallon number 4 fuel oil underground storage tank and/or its piping. Total

petroleum hydrocarbons were found to be present in prior testing in the area of the

underground 7,000-gallon excavated tank. Testing after subsequent remedial efforts

indicates that pyrene is present but that the area is within Act 2 Statewide Health

Standards.

Soil sampling in the area of the gravel parking lot revealed beryllium within

Act 2 Statewide Health Standards. Testing of the soil pile showed that it contains

benzo(a)anthracene, benzo(a)pyrene, benzo(b)fluoranthene, chrysene and pyrene, but

that it is within Act 2 Statewide Health Standards. Gravel/soil adjacent to the main pad-

mounted transformer was revealed to contain arochlor 1260 in 1996, although within Act

Bi^20tH f'Gi996

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AR000541

Page 87: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

2 Statewide Health Standards. Testing of soil in one location to the west of the 1965

Building indicated the presence of a low level of total petroleum hydrocarbons-diesel

range organics.

Regional groundwater contamination exists in this area. Testing of the

groundwater in the area of the site has revealed the presence "of volatile organic

compounds. The source of these substances is not presently known. In 1996, low

levels of vinyl chloride was detected in the monitoring well near the 1,000-gallon UST,

lead and cadmium in the monitoring well near the 7,000-gallon UST, and carbon

tetrachloride and chloroform in the production well at the property.

f* 04-18-00 15:20CG04

?a TRflN TA.X DYLSTm BORO Cf TftL BCK SD

30177 148396

.$28000.00 $14000.00 414000,, 00

"^20tj j ; ?G\SS7;

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AR000542

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A

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Figure 2 Site Layout

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CCnOH MTILS

— rou-uou [(CO fUMirottuca

No Scale Source: Dames & Moore

Envrromnental Resources Management

AR000543

Page 89: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

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Print Job: EJONES - 09/24/2007 10:45:54 AM BUCKS COUNTY lnst.# 2000030177-Page f

AR000544

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pyrrol Mum

9-9-46

ZA c c o c c Yin o init

AR000545

Page 91: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Bucks County Public Access Page 1 of 1

'«i;';:'Sfii

m(

Im

'mrt

OlD- FR PAJm 07 62 DATE: 09/26/07 TIl-lE: 15:22

•'PARCEL'jo 09 PROP SITE OWt-IER

ATTENTI<>I. IxAND USE-LEC4AL DESC DEED DATE ;:":flLE. PRICE ASSESSMENT EST.- TAXES —ESTIMATED YEAR BUILT:

« ' COUNTY OF BUCKS PUBLIC ACCESS SYSTEM BOARD OF ASSESSMENT / REAL ESTATE DATA

INDUSTRIAL PROPERTY DESCRIPTION

« »' (l « »:' 46 « » ' « » . « . » « FL CRD »01 « OF OITAX

: 000000 N BROAD ST / 1«1UN: DOYLESTOWINI T W P : TILLEY FAMILY, LTD-PART L P, -:' .. 430 N.BROAD ST, DpYLESTOWl«I PA -189.01

2308 -INDUSTRIAL - 1.001 AC TO 4 . 99 AC •• .-LOT 3.DA 214 FT S BROAD S T . 482 FT W DOYLE 08/23/1995 BOOKl: 1108 PAGEl: 0140 B00K2: 1961 PAGE2: 666 - 400,000 STAMP: 4,000.00 SCH DIST: C.BUCKS

TOTAL 20,480 ACT: COUNTY 449.37 MUN 14 3.36 SCHTOL 2166.22 TOTAL 2760.95

TAXABLE

[ Transmit [ Quit

TAXES PRE CALCULATED ON. THE LATEST MILLS AND ASSESSMENTS AVAIL.ABLE — OVERHEAD DOORS: ' ELEVATOR: ' ' ' ' BASH^NT:

STORY 'HEIGHT: GROSS SQUARE FEET: WALL HEIGHT: PCT INTERIOR FINISHED: SPRINKLER: •

WALL CONSTRUCTION: HEATING:. AIR COITOITIONING: PLUMBING: . OTHER YARD/BLDGS:

TPJM'fSMIT TO.FORWTVRD a'ID=(SR,FR, RT,TR) XMIT-

K«-rt-//4 4 1 A^ 048/Qii+r»frtrm a c n Q/9/^/9nn7

AR000546

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Parpol Miim |M^^J| I _ t~ I I \ | ^ 1 I I I

R-4-987-1

Data

Assessment

AR000547

Page 93: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Bucks County Public Access Page 1 of 1

•^^i»!iij¥J:^:r:*r; Bucks County

GoverniiiS s ^ Wi ' MM

(>ID-

* PARCEL » 08 PROP SITE OWIER

'ATTENTION' LA1--1D USE LECiP.L DESC DEED DATE SALE PRICE A.S.SKSSMKNT EST. TAXES —ESTIMATED YEAR BUILT:

COUNTY OF BUCKS.PUBLIC ACCESS SYSTEM BOARD OF ASSESSMENT /.REAL ESTATE DATA COMMERCI.AL PROPERTY DESCRIPTION .

PARM 07 62 DATE: 09/26/07 TII-iE: 15:27 ,

[;;Transmjt.:.J

-001 « » « »

000241.HARVEY AVE BECK, STEPHEN ,J S ELEANORE -96 DECATUR ST,'DOYLESTOWN PA 18901

« FL CRD »:01 "« OF OITAX .ST: TAXABLE MUN: DOYLESTOWN B(3R0 " • m •iExiti

4280 REPAIR SHOP OR CTARAGES. • LOT N ¥J\R\'ZY AVE 115 FT W -DOYLE ST 80X100 OG/11 /1970 BOOKl: 1967 PAGEl: 0293 BOOK2;

STAf-1P: SCK DIST: .PAGE2:

: . BUCKS

COUNTY 2 8 9 . 6 4 MUN TOTAL

1 1 5 . 5 0 SCHOOL 13 9 7 . 4 8 1.3,V100 ACT: TOT/vL 1 8 0 2 . 6 2

TAXES ARE CALCULATED ON THE LATEST MILLS AND ASSESSMENTS AVAI.LABLE— • 1 9 6 8 ' OWRHEAD DOORS: ' 2 ' ELEVATOR: NO BASEMENT':' NO

STORY HEIGHT: .1 GROSS SQUARE FEET: 14 80 WP.LL HEIGHT: 12 PCT INTERIOR FiNTSHED: 20 SPRINKLER: NO

WALL CONSTRUCTION: CB-• HEATING: YES AIR CONDITIONING: NO PLUMBING: .YES OTHER Y7«D/BLDGS: NO

TRANSMIT TO FORWPiRD CMD=(SR,FR, RT,TR) XMIT-> » «

k4+„-/M Al /^t: OAQU^. t^e , r\nfv\ o c r t 0/7^/7007

AR000548

Page 94: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Parcel Number

8-4-282-2

Lycl L d

A c c ^ c c nni o r i +• rA^DCO^l I I d IL

AR000549

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Bucks County Public Access Page 1 of 1

Bucks Q)ui% ' • .:-'::iite

Gbverntiil i m mx mm

* (>ID-> »

,08

PROP SITE (JWNER

ATTENTION LAND USE LECiAL DESC DEED DATE SALE PRICE ASSESSMF.NT EST. TAXES —ESTIMATED' YEAR BUILT;

COUNTY OF BUCKS PUBLIC ACCESS SYSTEM BOARD OF ASSES.SMENT ,/ REAL ESTATE DATA

INDUSTRIAL PROPERTY DESCRIPTION

PARM 07 62 DATE: 09/26/07 TIME: 15:23

Transmit

r' Quit ,282 -002 « » « » « »

000243 HARVEY AVE CAULFIELD, ANTHONY S S DIANA C BOX 1448 , DOYLESTOWN PA 1S901

« MUN:

-FL CRD »01 « OF OITAX .ST: D<:)YLESTOWN .BORO.

tfiXPBLE [ , Exit

3325 1-ST WHSE/MFG UP'TO 25,000 SF -NOT IN PARK SE COR AVENUE A S HARVEY AVE 100X259 03/05/1998 BOOKl: 1544 PAGEl: 1324 B00K2.: 2117 .PAGE2: 483

169,000 STAMP: 1,690.00 SCH DIST: C.BUCKS TOTAL 4 5,160 ACT:

COUNTY 990.91 MUN 395.15 SCHOOL 4781.09 TOT/AL 6167.15 TAXES ARE CALCULATED .ON THE LATEST MILLS AND ASSESSMENTS AVAIL.;\BLE-' 1970 OVERHEAD DOORS: . 0, -ELEVATOR: NO BASE1-4ENT: NO

STORY HEIGHT: 1 GROSS SQUARE FEET: '^9320 WALL HEIGHT: 14 PCT INTERIOR f INISHED: 100 SPRINKLER: NO

WALL CONSTRUCTION: CB HEATING:. ' YES AIR CONDITIONING:' ' PART PLUMBING: YES OTHER YARD/BLDGS: NO

TRA1 ISMIT TO F0RW7VRD . CMD=(SR, FR, RT,TR) XMIT-> » «

. / / .* A'y / I C f-l AO t ^ . , . . ^ C ^ ^ Cii'if.nrirsn

AR000550

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Parcel Number

8-4-282-3

LJclX.o

Assessment

AR000551

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Bucks County Public Access Page 1 of 1

Bucks Coimty

•*• • C M D - > »

+ P.ARCEL »0.8 PROP SITE OWNER, - •

• • ' -

ATTENTION LAND U S E ' LECyVL DESC DEED DATE SAVLE PRICE A.S.SF,S.St-flr.NT EST. TAJ(ES

—ESTIMATED YEAR BUILT:

« COUNTY. OF BUCKS PUBLIC ACCESS SYSTEM PARM 07 62 R f l A R n n v n.SCiR.SSMF.MT / RRAT. R-STATF. TiATA HATF. ? 0 ^ / 9 6 / 0 7

«

COMMERCIAL, PROPERTY DE.SCRIPTION Tlt^lE: 1 5 : 2 9

» 0 0 4 « » 2 8 2 « » - 0 0 3 < < ^ « ,> « F l CRD » 0 1 « Q F OITAX ST: T.AXABLE

: 000155 DOYLE £, HARVEY ST . ,MUN: DOYLESTOWN BORO ...:.. LOGAN, THOMAS A & CAROLE R

., DOYLE & HARVEY ST, D(3YLEST0WN PA 18901

-

C/O LOGAN:'-AUTO BODY , ' ,-4280 REPAIR SHOP • OR GARAGES - "- , LOT NE COR DOYLE ST S HAR \'EY 100X115 0 5 / 1 4 / 1 9 6 9 BOOKl: 1932 PAGEl: 0453 B00K2: •PAGE2:

STAMP: SCH DIST: C.BUCKS. TOTAL 3 4 , 6 0 0 ACT:

COUNTY 75.9.20 MUl I ' 3 0 2 . 7 5 SCHOOL 3 6 6 3 . 1 0 TOTAL 4 7 2 5 . 0 5 T.AXES ARE CALaiLATED ON. THE .LATEST MILLS AND ASSESSMENTS AVAILABLE-

1968 •'. OVERHEAD -DOORS: 2 ELEVATOR: NO, ,BASEMENT-: NO

Transmit ^ .^. f; 1 -%^ V . V ^ ^ I T 14 %'

:: '^;Qijtt-. , ; . |

I; ••:•:• Exit- : . : . j

STORY HEIGHT: . . 1 GROSS SQU7\RE FEET: \ .4442 WALL HEIGHT: ' 14, PCT INTERIOR FINISHED: lO' SPRINKLER:'- NO

WALL CONSTRUCTION: CB HEATING: '' YES AIR CONDITIONING: NO PLUMBING: YES, OTHER YARD/BLDGS: NO

.TRAI rSMIT TO FORWARD CMD={SR,,FR,RT,TR) XMIT-> »..

i.ij._.///i A'y / : c ' ^ A O / ^ . . t , ^ - C - ^ Q/7A/7nn7

AR000552

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M orts3SGS 3 nd

AR000553

Page 99: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

ParcelNum ^ - r* " '

AR000554

Page 100: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

4825

rage

2101

AR000555

Page 101: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

BUCKS COUNTS RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 (215) 348^209

Instrnment Number - 2006016223 Recorded On 2/1/2006 At 3:42:39 PM

* Instrument Type - MORTGAGE ASSIGNMENT Invoice Number • 115536 User- NMS

* Mortgagor - BECKER, HEYWOOD * Mortgagee - TUROG PROP LTD * Customer - K BECKER *PBBS

RBCOKSINO FBBS $ 3 5 . 5 0 ' TOTAL $35.50

' Total Pages - 3

TbJs is a certification page

DO NOT DETACH

Tliis page is now part of tliis legal document.

RETURN pOCUMENT TO; KBECKER

I htraby CERTIFY that this documant I* recorded In th« Recorder of Deeds Office of Bucks County, Pannsytvanla.

j ^ ^ ^^^4l^:^udST dward R. Qudknecht Recorder of Deeds

* - InformatloB denoted by an afteriik may change during tfae verification proceu and may not be reflected on this page.

Book: 4 8 2 5 Page: 2 1 0 1

03B4O3

Dr-.n) i,vh'c iDMPf;.n«/n'?/9nn7 cir\ i- i i AWi BUCKS COUNTY lnst.#2006016223-Page 1

AR000556

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*

»

Prepared By: Heywood Becker r ' Return To: Turog Properties c/o Michael Foster PO Box 78 Quakertown, PA 18951 CPN# 8-5-1-1

ASSIGNMENT OF MORTGAGE

THIS ASSIGNMENT OF MORTGAGE, made this 4th day of October, 2005, try:

Heywood Becker and Karin Becker, the Assigning Mortgagee and Assignor, to:

Turog PropertJea Limited, the Assignee,

conveys all of that certain subject mortgage to the Assignee herein, and is more

particularly described as follows:

BACKGROUND v,

On January 5,2005,300N. Broad Street, Ltd. executed the subject mortgage to be

assigned herein in the amount of $679,638.00 encumbering the subject real estate known

as #300-#360 N. Broad Street, County of Bucks, PA and also known and described as

County Tax Parcel ID # 8-5-1-1 in favor of the Assigning Mortgagee and Assignor

herein, Heywood Becker and Kaiin Becker, and recorded in the Office of the Recorder of

Deeds in and for Bucks County in Book 4609, page 1401 fit seq;, on September 2,2005.

TERMS

NOW, THEREFORE, in consideration of the sum of $1.00 and other good and valuable

consideration paid to the Assigning Mortgagee and Assignor by the Assignee, and

intending to be legally bound hereby, the said Assigning Mortgagee and Assignor does

hereby assign, bargain, sell, transfer and set over to Turog Properties Limited all of their

right, title and interest in and to the said mortgage.

„ , , „^e r-niiMTY .mst.# 2006016223-Page 2 Print Job; EJONES-08/02/2007 9-.31:11 AM BUCKS COUNTY

AR000557

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IN WITNESS WHEREOF, the Assigning Mortgagee and Assignor executes this

Assignment of Mortgage the day and year first set forth above.

Karin Becker

- ^ ^ r ^

STATE OF PENNSYLVANIA, COUNTY OF BUCKS, S5:

^** I - ^ { D I ^ ,200(0, before me, a Notary Public, personally

appeared Heywood Becker and Karin Becker, the Assigning Mortgagee and Assignor,

known to me or satisfactorily proven to be the persons named above, and who executed

the foregoing Assignment of Mortgage for the purposes therein contained.

IN WITNESS WHEREOF, I hi ly band and official seal.

btary Public

COMMONWgA. TM OF pENM..?v. W . M , ^

j ^ ^ NotariaiSeal

— — ^ < a o z&^sA/ 'v / Q f - ^ ^ ^n^^oc^x

Print.inh: F.IONBS - 08/02/2007 9:31.11 AM BUCKS COUNTY lnst.# 2006016223-Page 3

AR000558

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4826

O O "7 O O /

AR000559

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SUCKS COUNTY RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 (215)348-6209

Instrument Number - 2006016521 Recorded On 2/2/2006 At 8:45:46 AM

* Instrument Type - MORTGAGE ASSIGNMENT Invoice Number -115630 User - KLJ

* Mortgagor - BROAD STR TR * Mortgagee - BECKER, HEYWOOD * Customer - K BECKER * F E E S

RECORDIHQ FEES $ 3 5 . 5 0 . TOTAL $ 3 5 . 5 0

^ Total Pages-3

This is a certification page

DO NOT DETACH

This page is now part of this legal document.

RETURN DOCUMENT TO; KBECKER

I hereby CERTIFY that this document Is recorded In the Recorder of Deeds Office of Bucks County, Pennsylvania.

/ ' £dward R. Gudknecht Recorder of Deeds

' Information denoted by an asterisk may change during the verification process and may not be reflected on this page.

Book: 4 8 2 6 Page: 8 8 7

03B5CB

Print Job: EJONES - 08/02/2007 9:39:19 AM BUCKS COUNTY lnst.# 2006016521 -Page 1

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Prepared By: Heywood Becker Return To: Heywood Becker PO Box 180 Carversville, PA 18913 CPN# 8-5-1-1

ASSIGNMENT OF MORTGAGE

THIS ASSIGNMENT OF MORTGAGE, made this 4th day of October, 2005, by:

The Broad Street Trust, the Assigning Mortgagee and Assignor, to:

Heywood Becker and Karin Becker, his wife, the Assignee,

conveys all of that certain subject inortgage to the Assignee herein, and is more

particularly described as follows:

BACKGROUND

On July 31,1998, Chem-Fab, Corp. executed the subject mortgage to be assigned herein

in the amoimt of $200,000 encumbering the subject real estate known as #300 North

Broad Street aka #300-#360 N. Broad Street, Doylestown Borough, County of Bucks, PA

and also known and described as County Tax Parcel ID # 8-5-1-1 in favor of the

Assigning Mortgagee and Assignor herein. The Broad Street Trust, and recorded in the

Office of the Recorder of Deeds in and for Bucks County in Book 1640, page 717 et seq.,

on July 31,1998.

TERMS

NOW, THEREFORE, in consideration of the sum of $1.00 and other good and valuable

consideration paid to the Assigning Mortgagee and Assignor by the Assignee, and

Intending to be legally bound hereby, the said Assigning Mortgagee and Assignor does

hereby assign, bargain, sell, transfer and set over to Heywood Becker and Karin Becker,

his wife, all of their right, title and interest in and to the said mortgage.

Print Job: EJONES-08/02/2007 9:39:19 AM . BUCKS COUNTY lnst.# 2006016521 - Page 2

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IN WITNESS WHEREOF, the Assigning Mortgagee and Assignor executes this

Assignment of Mortgage the day and year first set forth above.

COMMONWEALTH OF PENNSYLVANIA, COUNTY OF BUCKS, SS:

On February 2,2006, before me, a Notary Public, personally appeared Heywood Becker, personally known to me or satisfactorily proven to be the person hereinabove named, who represented that he is the trustee of The Broad Street Trust, and who represented that he has the power and authority to execute this deed on behalf of the Grantor, and who acknowledged that he voluntarily executed the foregoing instrument for the purposes herein contained.

~~^^iiAurp^' iblic

I certify that the precise address of the within named i Post Office BV.I80 , Carversville, PA 18913

Si£

•- - - --• : : :2[: f f :MNSYLVAMiA NOTARIAL S E A T

'^^'V°!^'^^WVER.Noiary Public ,i9W^«='™^ Bore,., Bucks CoonrJ - " ^ ^ " ^ '^''•).nesDecember20,2008 issnnE

Print Job: EJONES - 08/02/2007 9:39:19 AM BUCKS COUNTY inst.# 2006016521 - Page 3

AR000562

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Deed Book

4609

AR000563

Page 109: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

BUCKS COUNTY RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 (215)348-6209

Instrument Number - 200S118613 Recorded On 9/2/2005 At 1:14:32 PM

* Instrument Type - MORTGAGE - CORPORATIONS Invoice Number - 84918 User- KLJ

* Mortgagor - THREE (300) N BROAD STR L T D * Mortgagee - BECKER, HEYWOOD * Customer - KEVIN BECKER *FEES

~ $ 4 6 . 5 0 $ 4 6 . 5 0

' Total Pages - 4

RCCORSINQ FEES TOTAIi

This is a certification page

DO NOT DETACH

This page is now part of this legal document.

RETURN DOCUMENT TO; KEVIN BECKER

I hereby CERTIFY that this document Is recorded In the Recorder of Deeds Office of Buck* County, Pennsylvania.

^I^.Q^djU' ard R. Gudknecht

Recorder of Deeds

• Information denoted by an asterisk may change during the verification process and may not be reflected on this page.

02AC87

Book: 4 6 0 9 Page: 1 4 0 1 III

Print Job: EJONES - 08/02/2007 9:29:28 AM BUCKS COUNTY lnst.# 2005118613-Page 1

AR000564

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MORTGAGE

KNOW ALL MEN BY THIS MORTGAGE dated January 5, 2005,

given to the Mortgagee, Hejrwood Becker and Karin Becker, by the

Mortgagor herein, 3 0 0 N, Broad Street , Ltd., for the purpose of securing

that certain Note given contemporaneously herewith by the Mortgagor to

the Mortgagee, wherein the Mortgagor s tands firmly botmd unto the

Mortgagee in the principal amount of $679,638.00 and does hereby

mortgage, lien and encumber their real estate as follows:

ALL THAT CERTAIN lot or piece of grotind situate in Doylestown

Borough, Ss N. Broad Street, 673'W. of Doyle street, having a lot size of

222 X 214, more particularly described in Deed to Chem Fab Corp., P.O.

Box 123, Revere, PA 18953, dated 10 /18 /67 i n d recorded in the Office

of the Recorder of Deeds in and for Bucks Cotinty, in Deed Book 1879

page 190,

ALSO KNOWN AS BUCKS COUNTY UNIFORM PARCEL

IDENTIFIER: TAX PARCEL 8-5-1-1.

BEING the same real property purchased by the Mortgagor, 300 N.

Broad Street, Ltd. by deed dated May 27, 1999, and recorded in the

Bucks County Recorder of Deeds Office at BK 1849 PC 1123.

1. This Mortgage is made and recorded under and subject to all

mortgages and judgments of record.

2. 300 N. Broad Street, Ltd. [the Mortgagor and Obligor in the Note]

hereby promises to pay He5^wood Becker and Karin Becker, his wife,

[the Mortgagee and Obligee in the Note] the sum of $679,638.00 by

way of monthly payments at 10% interest/year amortized over the

length of the term of this mortgage of 10 years from the date hereof.

The monthly payments are due by the first day of each successive

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month in the hands of the Obligee, and if any one of same shall not

have been received by the 10^^ day of any month, then the Obligor

must pay a late fee of $30 per day retroactive to the 1st day of the

month, which late fee shall last only for the duration of that month.

Payment in full shall terminate the running of the per diem late fee,

and confession of judgment shall also terminate the running of the

per diem late fee. This Note shall automatically go into default if any

monthly payment and/or any late fee is not paid within 10 days of the

receipt of notice which notice may be mailed only after the 10th day of

any month where no payment has been received, or if any check

tendered by the Obligor in payment thereof is refused or dishonored

and is not made good within 10 days after written notice, or if the

principal amount with interest accrued is not paid as above, and the

Obligee may then confess judgment against the Obligor pursuant to

the Warrant of Attorney in the Note.

3. A default shall automatically occur if any payments are not paid as

specified in the Note executed simultaneously herewith, or if the real

estate taxes charged against the subject real estate become a lien on

same and said lien is not discharged within 10 days after notice of the

said lien is received. An occurrence of default shall automatically

cause acceleration of this Mortgage, and the then-remaining balance

shall become due and payable immediately with a 10% attorney's fee

added for collection, plus interest to accrue at a rate of 1.5 % per

month following the default, plus court costs to be added.

4. The Mortgagor hereby agrees that the contract provisions hereinabove

shall survive entry of a foreclosure judgment, and shall not be merged

therewith or therein.

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PROVIDED, that if the Mortgagor shall pay the Mortgagee the aforesaid

debt, then this Obligation shall automatically cease and become void.

IN WITNESS WHEREOF, the Mortgagor has caused this Mortgage to be

executed under seal by the Trustee of the General Partner as follows;

BY: W k J S ^ ^ , ^ f^lYS) r ^ ^ = ^ " ^ S V

COUNTY OF BUCKS, COMMONWEALTH OF PENNSYLVANIA, SS:

On this, the ^ day of September, 2005, before me appeared Heywood Eric Becker, personally known to me or satisfactorily proven to be the person hereinabove described appearing before me on behalf of the Mortgagor, and who acknowledged that he voluntarily executed the fo:; fliiMHiSftgA6tgURgeBrtsfibyAtt purposes herein contained.

Notarial Seal Matthew C. Hughes, Noiaty PuWra Buckingham Twp., Bucks County

My nommisslon Expires Jufw 9,2009

Member, Pennsylvania Association ot Notaries Notary Public

Please return this Mortgage to the addi-ess of the Mortgagee: Post Office Box 180, Carversville, PA 18913-0180

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Deed Book

1640

Page

717

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FIRST MORTGAGE LIEN

KNOW ALL MEN BY THIS INDENTURE OF MORTGAGE, dial this First Mongage Lien is executed and delivered this July 31, i998, by Chem-Fab. Corp., the Mongagor, lo The Broad Street Trxjsi. the Mongagee. POB 180. Car\ersville, PA 18913;

Whereas, the Mortgagor stands firmly bound unto the Mortgagee in the amount of 5200,000 and docs hereby lien and mortgage their real estate al 300 North Broad Street, Doylestown Borough, Bucks County, PA, aka TMP # 8-5-1-1 as security for thc repa>-mcni of same, pursuant to the following terms and conditions'

1. The Mortgagor must pay the principal sum within 20 years from the date hereof' Thc inicrcsi-only iristillriiciii payiucnia, ui (lie mie uf 8% per year, are due by the

. lOthday of each successive month in tbc hands of the Mortgagee

2. A default shall automatically occur ifihc .i^d principal sum is not paid as aforesaid, or ifany of thc said interest payments aforesaid are not paid as specified An occurrence of default shall automatically cause acceleration of this Mortgage and the principal sum of shall become due and payable immediately with 1 S% attorney's fee added for collection, plus interest to accrue at ) 5 % per month following the default, phjs coun costs to be added.

3. The Mortgagor hereby agrees that the contract provisions hereinabove shall survive entry of a foreclosure judgment, and not be merged thcrc^viih or therein

'-'••/i \ IN WITNESS WHEREOF, the Mongagor has caused this Mortgage to be _ '.fctccutcd undcr thc corporate seal as follows

\ } \ I ICbsQi-rab Corp, a Delaware corporation

Dy Jonnifn Shaak. Vicc-Pfcsideni

3

{,

COWklONWHALTll o r Pr;NNSYI.VANIA, COUNTY OP DUCKS. .W.

On this thc Jlst day of July. 1998, before me personally appeared Jennifer Shaak, who

rcpre,<icnied lo nie thai she is the Vice-President of Clieni-Pab. Corp, and duly authorised

by the appropriate corporate resolution investing her with thc full and complete power and

authority to enter this binding mortgage on behalf of Chcm.Fab, Corp, the Mongagor,

find who then voluntarily signed ihis insiiumcni before me In witness thereof I hereby set

my;Jia]id and seal in my olTicial capacity as a Notary Public of the Commonwealih of

r^Id^vigiia « • * • • » . * •

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Print Job: EJONES - 08/02/2007 9:37:35 AM

My commiasion expires 1/2002

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BUCKS COUNTY lnst.# 1998073071 - Page 1

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Easements and

Rights-of-

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Deed Book

6QQ

e

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Bell of Pennsylvania Building Entrance Facility Grant JtSB

IR«v. 9/gfi) SkH 1

Rto ived o l T H E B E L L T E L E P H O N E C O M P A N Y O F P E N N S Y L V A N I A , Bood ind

valuablB comideraiion, th« receipt o l which it hereby acknowledged, and intending to be legally IXHind, GiantofU),

CHEM PAB CORP

••.i($i;]f^i(j8Biii.mi^«Byi. hareby grant|>) unto u i d Teleptrarw Company, It luccaisois. ai i igni , Ltsteei and sgentt, ttie right, privilege and authwi ly to conitruct, rcconi truci , operate, maintain and remoya i t l emrance faclilTiei to the Rata Demarcation Point IRDPI wi th atuxiated terminals ar>d other facil l t ici (hereinaltor reterred to » uii l i ty faciii l iei) required lo provide telephone lervica to the varloui occupanti of building known at -

360A N, BROAD STREET

Located a t . 360A N, BROAD STREET

Municipality o t . DOYLESTOWN BOROliCH , County o i . BUCKS

Commonwealth of Ponn»ylvonia w i th tha right ol accest to and f rom said buiWIng to conitruct, maintain and rBmove said uti l i ty facilities. ., '

The Grantor(t).being the owner(s) of record of the abova mantionad Property also grants to Crantee the right of uio and access on sakl Property outslda said building as shown on exhibit " A " (which is attached tMrtto and rnade a pan hereol) for the purpose of provkling ut i l l tv facilities lo the R.D.P. of said building.

Said ut i l i ty facilities shall be installeilin a good and workmanlike manner by and at the expense oi tl>e said Telephone Company: but any subsequent rekication or removal of said ut i l i ty tacliitlei shall be done by saxj Telephone Company i i the expense of the building owner unless such relocation or removal is caused by tha Telephone Company.

P/N 08-005-001-001 ! ' :

R/W 03-93-005 .

IN WITNESS WHEREOF,

and sealls) th is . ' /'. 11. .day o f .

have hereunto se t . Jla- .hand(s]

, A.D. } 9 2 i - , a i

30O N, BROAD ST. DOYLESTOWN, PA

•» (Port Ot i lc* A M r a u )

WITNESS OR ATTEST:

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Ttric /-' p - rX. - .^ , 'UKCKEH - I 'KESIIJKNr ' ' P' .*T f-

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,lnst.#1993D62976-Page3

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AR000576

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[ tw r iU ' l 1<> IIM' %\iiliitt inMri i innit . mtil mknuuli-dMcit thai i-Xivwlrtl ihi- ^ l u r flit iiy* )utr)«r4-^ tlwr^-tn *uMinim-*l.

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Odds and Ends:

Mortgages an <^aticfiprl R P P H Q

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Parcels 8-5-1

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Deed Book

4248

Pagp

1241

AR000580

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BUCKS COUNTY RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 {215)348-6209

Instrument Number - 2005001545 Satisfied On 1/4/2005 At 3:08:43 PM

* Instrument Type - MORTGAGE SATISFACTION Invoice Number - 30309 User- CLL

* Mortgagor - PREMIER BK * Mortgagee - TILLEY FAM PART L P * Customer - PV?.MIER BANK *FEE3

RECORDING FEES $ 3 5 . 5 0 TOTAL $3 5 .50 •

' Total Pages - 2

This is a certification page

DO NOT DETACH

Tliis page is now part of this legal document.

RETURN DOCUMENT TO; PREMIER BANK

I hereby CERTIFY that this document is recorded In the Recorder of Deeds Office of Bucks County, Pennsylvania.

y^.Q^^^SLdn~ ard R. Gudknecht

Recorder of Deeds'

' - Infornution denoted by an asterisk may change during the verification process and may not be reflected on this page.

• 00C96B

Book: 4 2 4 8 Page: 1 2 4 1

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1078 7108640-9002

PREMIER IJANK

I'.O. Box 25091

Lehigh Valley, PA 1S002-5091

PREMISES: 280 North Broad Street

Doylestown, PA 18901

County of Bucks

TO

Tilley Family Limited Partnership, LP

MORTGAGE SATISFACTION PIECK .

MADE THIS 29th DAY OF October, 2004, A.D. •• NA.VltOI-iVlGRTGAG0R{5) Tilley Family Limited Partneisliip, LP NAMir OF MORTGAGEE(S) P R E M I F R B A N K

DATE OF MORTGAGE April 14, 1998 ORIGINAL MORTGAGE DEBT S 97,675.15 MORTGAGE RECORDED ON May 1, 1998, in the Office ofthe Recorder of Deeds of Bucks County, I'cniisylviinin, in'Mnrlaaue Book 1580; Fnije 1479

MORTGAGE PREMISES: 280 North Broad Street • ' Doylestown, PA. 18901 County of Bucks

Tax Parcel U8-5-1 & 9-9-46 The undersigned hereby certifies th.nt the debt secured by the above mentioned Mortgage has been fully paid

or otherwise discharged and that npoh the recording hereof said Mortgage shall be and is hereby ftilly and forever siuiirieil and discharged, The inidersigned hereby authorizes and empowers (lie recorder of said county to enter this satisTaclion piece and lo cause said mortgage to be satisfied of record.

VVnncbs Ihe dtie execution hereof with Ihe intent lo be legally bound. '

(^ X C ; C-ica tC S MCl t T l K Bienda K. Stasak, Loon Servicing Manager PREMIER BANK

COVlMON'WF.Al.TII 01" PI;NNSVLV. N1A COUNTY OF Korthainpion'

On the \ dayoivAOV ,2004, A.D , before me, the undersigned officer, personally appeared Brenda K. Stasak, wlio acknowledged herself lo be the Loan Seivicing Manager of PREMIER BANK a curporalion, and thai she as such, being authorized to do so, executed the foregoing instruinent for the purposes ihciein contained'by signing the name ofthe Coiporation by herself as the Loan Servicing Manager.

IN WITNESS WHEREOF, I have hereunto set my hand and seal.

Notnry Public

(•::Ctt>AOtt.^c ( T \ D A n r l

I Nourial Seal I Ciillierine L. Bird. Nnmry Public I Bethlelicm TV/p.. Nonlwmpion Coumy

My Onimis icn F.npircs July 23. .'.Ollfi I My ronimis ii Menift'cf.i-'otm&yivyni.iAsRcclali'.nuilNolanes

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Deed Book

4201

Page

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BUCKS COUNTY RECORDER OF DEEDS 55 East Court Street

Doylestown, Pennsylvania 18901 (215) 348-6209

Instrument Number - 2004146488 Satisfied On 11/24/2004 At 10:24:40 AM

* Instrument Type - MORTGAGE SATISFACTION Invoice Number-23117 User- SLL

* Mortgagor - PREMIER BK * Mortgagee - TILLEY FAM LTD PART * Customer - PREMIER BANK *FEES

RECORDING FEES $ 3 5 . 5 0 . TOTAL $ 3 5 . 5 0

* Total Pages-2

This is a certification page

DO NOT DETACH

This page is now part of this legal document.

RETURN DOCUMENT TO: PREMIER BANK

I hereby CERTIFY that this document Is recorded in the Recorder of Deeds Office of Bucks County, Pennsylvania.

y^^l/:i^SLdU~ dward R. Gudltnecht Recorder of Deeds

' - Information denoted by an asterisk may change during the verification process and may not be reflected on this page.

0083DA

Book: 4 2 0 1 Page: 5 1 4

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1078 7108640-0101

PREMIER BANK

P.O. Box 25091

Lehigh Valley, PA 18002-5091

PREMISES: 280 North Broad Street

Doylestown PA 18901

.County of Bucks

TO

Tilley Family Limited Partnership

MORTGAGE SATISFACTION PfECE

MADE THIS 13th DAY OF September ,2004, A.D. NAME OFMORTGAGOR(s) Tilley Family Limited Partnership and NAME OF MORTGAGEE(s) PREMIER BANK DATE OF MORTGAGE Mirch 28,2000 ' • ' ORIGINAL MORTGAGE DEBT $150,000.00 MORTGAGE RECORDED ON March 31, 2000, in the Office ofthe Recorder of Deeds of Bucks County, Pennsylvania, in Mortgage Book 2032, Page 0079

MORTGAGE PREMISES: 280 North Broad Street Doylestown PA I890I County of Bucks

Tax Parcel #8-5-1 & 9-9-46 Thc undersigned hereby certifies that the debt secured by the above mentioned Mortgage has been fully paid

or otherwise discharged and that upon the recording hereof said Mortgage shall be and is hereby fully and.forever satisfied and discharged. The undersigned hereby authorizes and empowers the recorder of said county to enter this satisfaction piece and to cause said mortgage to be satisfied of record.

Witness the due execution hereof with the intent to be legally bound.

Brenda K. Stasak, Loan Servicing Manager PREMIER BANK

COMMONWEALTH OF PENNSYLVANIA

COUNTY OF Northampton 0) i On the \ o , day of—'OIiCrD,2004, A.D , before me, the undersigned officer, personally appeared

Brenda K. Stasak, who acknowledged herself to be the Loan Servicing Manager of PREMIER BANK a corporation, and that she as such, being authorized to do so, executed the foregoing instrument for the purposes therein contained by signing the name of the Corporation by herself as the Loan Servicing Manager.

IN WITNESS WHEREOF, I have hereunto set my hand and seal.

Notary Public

C Q-Jiuix t) rk ruicL

Nourial Seal Catherine U B i rd . NcXaiy Public

Bethlehem 1\vp., Northampton County M y Commission Expiree July 23. 2006

Memtwr. PennsyNanla AssociaSon ot Notaries

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Deed Book

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ASSIGNMENT OF LEASES AND RENTS

KNOW ALL MEN BY THESE PRESENTS, that T i l l e y Family L imi ted P a r t n e r s h i p , LP with an address at 280 N. Broad S t r e e t , D o y l e s t o w n , PA 1«^U1, P a r c e l # 8 - b - l & !J-^g^46 (hereinafter referred as "Assignor") in consideration of One Dollar (SI.00) paid by PREMIER"BANK, a Pennsylvania state banking corporation with offices at 379 North Main Street, Doylestown, Pennsylvania 18901-0818 (hereinafter referred to as "Assignee"), hereby i:onveys, transfers and assigns unto Assignee, its successors and assigns, all the rights, interest and privileges, (aj which Assignor as lessor has and may have in any leases now existing or hereafter made and affecting the real property described in Exhibit "A" attached hereto (the "Property") or any part thereof, as such leases may have been, or may from time to tihia be hereafter, modified, extended and renewed, with.all rents, income and profits due and becoming due therefrom, and (b) which Assignor has and may have by virtue of any guaranty or surety agreement with respect to the tenants obligations under any of such leases, as such guaranties or surety agreemnnts may have been, or may from time to time be hereafter, modified and extended. Assignor will, on request of Assignee, execute assignments of any futijre leases affecting any part of such real property and assignments of any guaranties or surety agreements made in connection therewith. .• '

1. This Assignment isimade as security for (a) the full, timely and faithful payment of all indebtedness, evidenced by, and performance of all obligations of Assignorunder the Note to Assignee in the original principal sum of $ 85 ,000 .00 of even date herewith; (b) other collateral documents in connection with the foregoing, including an Open-End Mortgage and Security Agi eement (the "Mortgage") from Assignor to Assignee of'even date herewith secured by a certain parcel of real property (the "Land"); and (c) such other obligations between the Assignor and Assignee as exists on the date hereof or as may hereinafter arise. The Note, Mortgage and other collateral documents, as amended, are hereinafter sometimes collectively referred herein to as the "Loan Documents." All capitalized terms not defined herein shall have the meaning attributed to such terms in the Loan Documents

2. The acceptance of this-Assignment and the collection of rents or the payments under the leases or any sums under any guaranties or surety agreemerits hereby assigned shall not constitute a waiver of any rights of Assignee under the terms of such Note. It is expressly understood and.agreed by the parties hereto-that before default occurs under the'tenns of such Note, Assignor shall have the right to collect such rents, income and profits from the aforementioned leases, guaranties and surety agreements and to retain, use and enjoy the same, in trust to be applied first to payment of (a) real estate taxes and assessments upon the Property; (b) cost of maintaining the insurance policies on the Property required under the Mortgage; (c) maintenance and repair of the Property; and (d) the payment of all sums becoming due and payable under the Note and Mortgage before Assignor may use any portion ofthe rents, income or profits for any other purpose; provided, however, that even before an Event of Default occurs no rents more than one (1) month in advance shall be collected or accepted without the prior written consent of Assignee. '

3. Anything to the contrary notwithstanding, Assignor hereby assigns to Assignee any award made hereafter to it in any court procedure involving any of the lessees in any bankruptcy, insolvency, or reorganization proceedings in any Stale or Federal court, and any and all payments made by lessees in lieu of rent. Assignor hereby appoints Assignee as its irrevocable attorney-in-fact to appear in any action and/or to collect any such awar'd'or payment.

4. Assignor, upon the occurrence of an Event of Default under any of the terms and conditions of the Loan Documents, hereby authorizes Assignee, at its option, to enter and take possession ofthe Property and to manage' and operate the same, to collect all or any rents, income or profits accruing therefrom and from such leases, to collect all or any sums due or becoming due under such guaranties and surety agreements, to let or relet the Property or any part thereof, to cancel and modify leases, guaranties and surety agreements, evict tenants, bring or defend any suits in connection with the possession of the Property in its own name or Assignor's name, make repairs as Assignee deems appropriate, and perform such other acts in connection with the management and operation of the Property as Assignee, in its sole discretion, may deem proper.

5. The receipt by Assignee of any rents, income or profits pursuant to this instrument after the institution of foreclosure or sale proceedings under the Mortgage shall not cure such Event of Default or affect such proceedings or any sale pursuant thereto.

6. Assignee shall not be obligated to perform or discharge any obligation or duty to be performed or discharged by Assignor under any of such leases, and Assignor hereby agrees to indemnify Assignee for, and to save it harmless from, any and all liability arising from any of such leases, guaranties, surety agreements or from this Assignment, and this Assignment shall not place responsibility for the control, care, management or repair ofthe Property upon Assignee, or make Assignee responsible or liable for any negligence in the management, operation, upkeep, repair or control of the Property resulting in loss or injury or death to any tenant, licensee, employee or other person.

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7. Assignor covenants and represents that: (a) it has title to, and full right to assign such leases, guaranties, surety agreements and the rents, income and profits due or to become due thereunder; (b) to the best of its knowledge, the terms of such leases, guaranties and surety agreements have not been changed from the terms In the copies of such leases, guaranties and surety agreements submitted to Assignee for approval; (c) to the best of its knowledge no other assignment of any interest therein has been made, except as set forth herein or in the Mortgage; (d) to the best of its knowledge, there are no existing defaults under the provisions thereof and none of such leases have been canceled; (e) it has not .collected any of the rents. Income and profits for a period of more than one (1) month in advance, and it shall not discount or compromise any of such rents, income or profits to become due; and(l) it will not hereafter cancel, surrender or terminate any of such leases, guaranties and surety agreements, exercise any option which might lead to such termination, or change, alter or modify them, or consent to the release of any party liable thereunder or to the assignment of the lessees' interest under such leases or guaranties or surety agreements without the prior written consent of Assignee, and with respect to modification of leases,' such consent shall not be unreasonably withheld or delayed.

8. .Assignor hereby authorizes Assignee to give notice in writing of this assignment at any time to any tenant under any of such leases and to any guarantor of such leases. Assignor hereby consents to any such tenant or guarantor paying all.rent, income and profits to Assignee following receipt by such tenant or guarantor of a notice from Assignee that Assignor is in Event of Default under the Note, Mortgage or this Assignment, and /\sslgnor waives any right to demand from any such tenant or guarantor, payment to Assignor of such rent, income or profits after Assignee has sent any such notice to such tenant or guarantor.

9. Violation of any of the covenants, representations and provisions contained herein by Assignor shall be deemed a default under the terms hereof and of the Loan Documents.

10. Default by Assignor under any of the terms of the leases assigned herein,,,beyond any applicable cure or grace period, shall be deemed a default under tl e terms hereof and of the Loan IDocuments. Any expenditure made by Assignee in curing such a default on Assignor's behalf, with Interest thereon at the rate payable upon default under the Note, shall become part of the debt secured by this Assignment and the Mortgage.

11. The full perfonmance of the Mortgage and the duly recorded satisfaction or release of the Property described therein shall render this Assignment automatically void with respect to the Property or portion thereof described in any such satisfaction or release. ,

12. The net proceeds collected by Assignee, after reimbursement of expenses incurred by Assignee, under the tenns of this instrument shall be applied in reduction of the entire indebtedness from time to time outstanding and secured by the Mortgage.

13. The term "lease" shall mean and refer to any lease of all or any portion of the Property as well as any sublease of all or any portion ofthe Property and any license, concession or other agreement with respect to the use, occupancy or utilization of all or any portion ofthe Property. The term "rent" shall mean and refer to all rent, license fees or charges, concession fees or charges, and all other'payments of any kind (including, withotit limitation, security deposits to the extent that they may be lawfully assigned, and all payments rfiade on account of operating expenses and real estate taxes and other similar items whether categorized as rent, additional rent or otherwise) with respect to the use, bcctjpancy or utilization of all or any portion ofthe Property,

14. The Assignment applies to and binds the parties hereto and their respective heirs, administrators, executors, successors and assigns, as well as any subsequent owner of the Properly described herein and any assignee of the Mortgage referred to herein.

IN WJTNESS WHEREOF, the parties hereto have caused this Assignment of Leases and Rents to be executed this / / day of November , 2002 .' . . .

T i l l e y Family Limi ted P a r t n e r s h i p , LP B y : . T i l l e y Holding Company, I n c . , Genera l P a r t n e r

Witness/Attest . / j .<i$.^)^J/^

T i l l W , / P r e s i d e n t

Miclielle A. Pedersen D i v i s i o n a l Vice P r e s i d e n t Nan dy C. T i l l e y , S e c r e t a ^

B K 3 0 9 3 P G I 9 3 l ^

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COMMONWEALTH OF PENNSYLVANIA:

COUNTY OF BUCKS SS

On £Oi , _ , 20 0 ' \ , before me, (he undersigned, personally appeared

known to me or satisfactorily proven tame to be tne pers™ (s) whose nanne(s),is/are subscribed to the withininstrument and acknowledged:^ . (j . U

• that he/she/they executed the same for the purposes therein contained and desire that it be recorded as such; or • '

so^that they are the PresidentA/ice President and the Treasurer/Assistant Treasurer or Secretary/Assistant [ Secretary or General Partner of the corporation/partnership named in the foregoing instrument and that,

in such capacities, being-authorized soto do, executed the same for the purposes therein contained by signing the name and affixing the seal ofthe said corporation/partnership by themselves as such officers and desire that it be recorded as such.

IN WITNESS WHEREOF, I have hereunto set my hand and official seal.

(^^vV^cf^^^ y W t l

My Commission Expires: NOTAi^lAL SEAL

DONNA KENNEY-SMITH, Notany P,.Wir Aoington Twp, M.-m.no,'ne,'v.>,i,-r:j '

8K3093P6 (935

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EXHIBIT "A " A "

PREMISES "A"

AL.li THAT CERTAIN tract of land with the buildings and improvements thereon erected, situate in the Borough of Doylestown, County of Bucks and Commonwealth of Pennsylvania, ao shown on Final Plan of Doylestown Rivet and Machine Co., Inc. Tract made by Weisel and Gilmore Associates, Suzrveyors and Engineers, Doyleatown, Pennsylvania, dated March. 11, 1974 and revised April 2, 1974 and recorded in the Office of Recorder of Deeds, Bucks County in Plan

^ Book 122 page 41 and described as follows, to wit:

BEGINNING at a spike in the center line of Broad Street (50 feet wide) said '•:-. spike being a corner in remaining lands now or lace of the Doylestown Rivet

and Machine Co., Inc. and being North 49 degrees 00 minutes West, a distance of 69.09 feet from the point of intersection formed by the center line,of Atkinson Drive (width not shown on Plan) with the center .line of Broad Street; thence from said point of beginning South 40 degrees 12 minutes West along remaining landa now or late of tha Doylestown Rivet and Machine Company, Inc. 162.98 feet to. a point an iron pin a corner in said remaining lands; thence still along remaining lands now or lato of the Doylestown Rivet and Machine Co., Inc. South 49 degrees 00 minutes East a distance of 40.00 feet to a point an iron pin a corner in line of lands now or late of Anna

{—^ Yarmark; thence along line of lands now or lata of "Yarmark" South 40 degrees 12 tninutes West a distance of 51.00 feet to a point an iron pin a corner of

""" Lot Number 2 ae shown on said Plan; thence along. Lot Number 2 North 49 i„^ degrees 00 minutes West a distance of 194.sa feet- to a point an iron pin a

corner in line lands now or lata of Chem-Fab Corp.; thence along line of lands now or late of Chem-Fab Corp. North 41 degrees 00 minutes Bast a

(ZH distance of. 213.96 feet to a point a spike in tha center line of ' Sroad /^ , Street; thence in and along tha center line of Broad Street South 49 degrees

00 minutes East a distance of 151.6S feet to a spike a corner of remaining lands now or late of the Doylestown Rivet and Machine Company, Inc. the point and place of BEGINNING,

BEING all of Lot Number 3 as shown on said Plan.

CONTAINING .7986 acres of land, more or less.

COUNTY PARCEL NUMBER: 8-S-l

PRSMIBgS "B" '

• ALL THAT CERTAIN tract of" land with- the buildings and improvements thereon erected, situate in the Borough of Doylestown, County of Bucks and

I Commonwealth of Pennsylvania, as shown on Pinal Plan of Doylestown Rivet and Machine Co., Inc. Tract made by Weisel and Gilmore Associates, Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974 and revised April 2, 1974 and recorded in the Office of Recorder of Deeds, Bucks County in Plan Book 122 page 41 and described as follows, to wit:

BEGINNING at a point an iron pin a corner of other landa now, or Late of the Doylestown Rivet and Machine Co., Inc. also being in line of landa now or late of Anna Yarmark and being South 40 degrees 12 minutes West passing through other lands now or lato of Doyleatown Rivet and Machine Co., Inc. a distance of 213.98 feet from a steel axle in the center line ot Broad Street (SO feet wide) ; thence from said point of beginning along line of lands now or late of "Yarmark'" South 40 degrees 12 minutes West a distance of S02.83 feot to a point an iron pin a comer, in line of lands now or late of the Borough of Doylestown- (Sewage and Diaposal Plan Tract)j thence along line of lands now or late of said "Plant" North 49 degrees 12 minutes West a distance of 216.6'; feet to a point an iron pin a corner in remaining lands now or late of the Doylestown Rivet and Machine Co. Inc.; thence along line of remaining lands of the Doylestown Rivet and Machine' Co., Inc. North 40 degrees 12 minutes East a distance of 603.59 feet to - a point an iron pin a corner in line of lands now or late of Chem-Fab Corp,- thence partly along line of lands now or late of Chem-Fab Corp. and partly along line of lands of Lot Number 3 on said Plan, hereinabove described. South 49 degrees 00 minutes East a distance of 216.68 feet to a point an iron pin the point and place of BEGINNING.

-, BEING all of Lot Number 2 as shown on said Plan.

CONTAINING-3 acres of land, more or less.

BEING COUNTY PARCEL NUMBER': 9-9-4 6

^ ^

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5i

CO

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o

ar

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0660 Book

2705

PpJQp

2106

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fj^i j)i3vr-tL . : (iPl'^P'7_

ASSIGNMENT OF LEASES AND RENTS

KNOW ALL MEN BY THESE PRESENTS; that T i l l e y Family L imi ted ; P a r t n e r s h i p LP •with an address at 280 N'. Broad S t r e e t , •Poylestowti., PA 18901 , ; P a r c e l W - 5 - 1 & tf9-9-46 (hereinafter referred as "Assignoi") in consideratibn.ofOne Dollar ($1.00) paid by PREMIEk BANK, a Peimsylvania state banking corporatioH with offices at 379 North Main Street, Doylestown, Pennsylvania 18901-0818 (hereinafter referred to as "Assignee"), hereby conveys, transfers and assigns unto Assignee, its successors and assigns, all the rights, interest and privileges,..(a) which Assignor as lessor has and may have in any leases now existing or hereafter made.and affecting the real, property .described in Exhibit "A" attached hereto (the "Properly") or any part thereof, as such leases may have been, or may from:;time to time be here^er, modified, extended and renewed, with all rents, income and proifits due and becoming diietlierefrqm, and (b) which Assignor-has and may have by virtue of any guaranty or siirety agre^inent with respect to the tenants obligations .under any of such leases, as such guaranties or surely agreeitients may have been, .or may from time to tiihe-be hereafter, modified and extended. Assignor will, on request of Assignee, execute assigmtients of any future leases affecting any part of such real property and assignments ;of any guaranties or surely agreements made, in connection therewith.

1. This Assignment is made as security for: (a) the fiill,: timely and faithRjl payment of all indebtedness evidenced by, and performance of all obligations of Assigjior under the Note to Assignee in the original principal sum of $ 730.QQQ.00 of even date herewith; (b); other collateral documents iti connection with the foregoing, including an Open-End Mortgage and Security Agreement (the ;"Mortgage") from Assignor to Assignee of even date herewith secured by a certain parcel of, real .property (the "Land"); and. (c) such other obligations between the Assignor and Assignee as exists oh the dalte hereof or, as may iiereinafter arise. The Note, Mortgage arid other collateral docunients, as araendeid, are hereinaifter sometimes collectively.referred herein to as the "Loan Documents." All capitaUzedterms hot defined herein shall have the iheaning attributed to such terms in the Loan Documents " ^ -

2. The acceptance of this Assignment and the collection of rents or the payments under the leases or any sums under any guaranties or surety agreements hereby. assi:gned, shall not constitute a waiver of any rights of Assignee under the terms, of such Note.. It is expressly understood;and.agreed by-the parties hereto that before default occurs under the terms of such Note, Assignor diall have the right, to collect such rents, income and profits from the aforementioned leases, guaranties and surety; agreemente and to retain, use and enjoy the same, m trust to be applied first to payment of (a) real estate taxes and assessmehts upon the Property; (b) cost of maintaining the insurance policies on the Property required imder the-Mortgage;, (c); maintenance andrepair of the Property; and (d) the payment of all sums becoming due and payable under the,Note and Mortgage ibefore Assignor may use any . portion of the rents; income or profits for any other purpose; provided, however, that even before an Event of Default occurs no rents more than one (1) month in advance shall be collected or accepted witliout the prior written consent of Assignee:

3. Anythmg to the contrary notwithstanding. Assignor hereby assigns to-Assignee any award made hereafter to it in any court procedure involving any;pf the lessees in any.bankruptcy, insolvency, or reorganization proceedings in any State or Federal court, and.any and all payraentsirhade by lessees in heu of rent. Assignor-hereby appoints Assignee as its irrevocable attorney-in-fact to appear in any action and/or to collect any such award or payment.

4. Assignor, upohtheoccxuTenceof an Event of Default under any of the terms and conditions of the Loan Documents, hereby authorizes Assignee, at its optipri, to enter and; take possession of the Property and to manage and operate the same, to collect all or any rents, income or profits accruing therefi:om and from such leases, to collect all or any sums due or becoming due under such guaranties ahd surety agreements, to let or relet the Property or any part thereof, to cancel and modify leases, guaranties and surety agreements, evict tenants, bring or defend any suits in connection with the possession of the Property itt its own name or Assignor's'name, make repairs as Assignee deems appropriate, and perform such other acts in connection with the management and operation of the Property as Assignee, in its Sole discretion, may deem proper,

5. The receipt by Assignee of any rents, income or profits pursuantto this instrument after the institution of foreclosure or sale proceedings under the Mortgage shall not cure such Event of Default or affect such proceedings or any sale pursuant thereto.

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6. Assignee shall hot.be obligatedto perform or discharge any obligation or duty to beperformed or discharged by Assignor under any of such leases, arid Assignor hereby agrees to indemnify Assignee for, and to save it harmless from, any and all liabihty arising from any of such leases, guaranties, surety agreements or from this Assignment, and this Assignment shall not place responsibility for the control, care, management or repair of the Property upon Assignee, or make Assignee responsible or liable for any negligence in the management, .operation,

• upkeep, repair or control ofthe ft-operty resulting in loss or mjuty or deSth to any tenant, licensee, employee or other person. " J

' 7. Assignor covenants and represents that; (a) it has title to, and full right tb'assign suchleases, guaranties, surety agreements and the rents, income and profits duei or to/become due thereunder; (b) to the best of its knowledge, the terms of such leases, guaranties and surety agreements have, not been changed from the terms in the copies of such leases, guaranties and surety agreements submitted to Assignee for approval; (c) to the best of its knowledge no other assignment of any interest therein has been made,except as set forth herein or in tlie Mortgage; (d) to.the best of its knowledge, there are no existing defaults'iiinder the provisions thereof and none of such leases have been canceled; (e) rt has not'collected any of the rents, income and profits foria period of more than one (1) monthin advance, and it shall not discount or comproriiise airiy of such rents, income or profits to become due; and (I) it will not hereafter cancel, surrender or termmate any of suchleases; guaranties and surety agreements, exercise any option which might lead to such termination, or change, alter or modify them, or consent.tp the release of any party, liable thereunder or to the assignment of the lessees'; interest undsr such leases or guaranties or surety agreements without the prior written conseiit .cif Assignee, and with reispect to modification of leases, such consent shall not be unreasonably withheld or delayed. -• . .'

8. Assignor hereby authorizes Assignee, to give notice in writing of this assignment at any time to any tenant under any of such leases and to any guarantor of such leases. Assignor hereby consents to any such teiiant or guarantor paying all rent, income and pipfits to Assignee following r©:eipt by such tenant or guarantor of a notice from- Assignee that Assignor is in Event of Default under ;flie Note, Mortgage or this Assignment, and Assignor waives any right to demand from any such tenant or guarantor, payrneht to Assignor of such rent, income or profits after Assignee has sent any such notice to such tenant or guarantor. '

9. Violation of any of the covenants, representations and provisions contained herein by Assignor shall be deemed a default under the terms hereof ahd of the Loan Docunients.

10. Default by Assignor imder any of the.terms of the leases assigned herein, beyond any applicable cure . or grace period, shall be deemed a default under the terms.hereof ;and of the Loan Documents. Any expenditure made by Assignee in curing such a default on Asisignor's behalf, with interest tlierepn at the rate payable upon default under the Note, shall become part of the debt secured.by this Assignment and the Mortgage!.

i l . The full performance of the Mortgage and the duly recorded satisfaction or releaseof the Property described therein shall render this Assignment automatically void with respect to the Property or portion thereof described in any such satisfaction or release. , .

12, The net proceeds collected by Assignee.'after reirhbursement of exjpenses incurred by Assignee, under the terms of this instrument shall be applied in reduction ofthe entire indebtedness from time to time outstanding and secured by the Mortgage.

. 13, The term "lease" shall mean and refer to any l^se of ail or any; portion of the Property as well as any sublease of all or any portion of the Propeity and any license, concession or other, agreement with respect to the use, occupancy or utilization of all or any portion of the Property. The term "rent" shall rnean and.refer to all rent, Ucense fees or charges, concession fees or charges, and all other payments of any kind (including, without limitation, security! deposits to'the extent that they may be lawfiilly assigned; and all paymentsmade on account of operating expenses and real estate taxes and other similar items whether categorized as rent, additional rent or otherwise) with respect to the use,, occupancy or utilisation of all or any portion of the Property.

14. The Assignment applies to and binds the parties hereto and their respective heirs,. administrators, executors, successors and assigns, as well as any subsequent owner of the Property described herein and any assignee of the Mortgage referred to herein.

8 K i 7 O S P 6 2 l 0 7

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^ L.JVIXNESS WHEREOF, the parties hereto have caused;this Assignment of Leases and Rents to be executed this

i ? / - day of May. ,2.b02_. . T i l l e y Family L imi t ed P a r t n e r s h i p LP 3y\: ]Ti,}ii^j EojL;^if^ ^er je ra l P a r t n e r

Witness/Attest: . -

Miche l l e A. Pedersen D i v i s i o n a l Vice P r e s i d e n t

COMMONWEALTH OF PENNSYLVANIA-

COUNTY OF BUCKS :

On the . . day of . . 20

SS.

.brfore mej the undersigned, personally appeared .known to nie or satisfactorily proven to me to be the

person(s) whose name(s) is/are subscribed to the within instrithent and acknowledged that they executed the same for the purposes therein contained and desire that it be recorded as: such,

IN WITNESS WHEREOF, I have hereunto set my hand and Official seal

My commission expires:. Notary Public

COMMONWEALTH OF PENNSYLVANIA: SS

COUNTY OF BUCKS

On the 9^nd day of _ ^^ _, 20 0 ^ , befora^e, the Commonwealth and County afored'aid, peisoiially appeared,' ]J~0'y\<» acknowledged-himself/herself to be the y f ' ^S l dW'^-

yK/s\R, tl

of

iher, a .QOtorv public in and for the

and that he as such officer; being authorized to do so. ILBA toifi

, exeifutcd the foregping instrmneit for the purposes therein contained by signing the name of the Borix>wer by himselfherself as such officer.

IN WITNESS WHEREOF, I have hereunto set mv hatv : jr nrt fflr ioi s e a / ^

My commission expires:

•DANIELLE B. GEIB, Notary Public Northampton Twp.; Bucks CoontjL

By.Commission Expires Septsm.ber IS, 2005 ^ Notary Public

COMMONWEALTH OF PENNSYLVANIA:

COUNTY OF BUCKS SS

On the day of _ J 20 _ , before me,, the undorsigned, personally appeared _ who acknowledged hiraself/herself/^themselves to be Partners,

and that he/die/them as such, being authorized to do so, executed the foregoiiig Assigiurienf for the purposes therein contained by signing the name of the Partnership by himsetf^herself/themselyes as Partn

IN MTNESS "WHEREOF, I have hereunto set my hand and official :seal.

Notary Public

My commission expires:

iK|fiSP62lt8

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EXHIBIT^^A i i \ . % y

PRBMiaSS "A"

,:ALL THAT CERTAIN t:ract • of land- wit;h t:he buildings, and .improyamentrs tihereon erected, situate in the. Borough, of- Doylestown, -Counli.y of -Bucks and Commonwealth of Pennsylvania,,, as shown orii-Pihali Plia-n of Doylestown Rivet and Machine Co., Inc. Tract,made by Waisel and Gilmore Associates,.Surveyors and Engineers,; Doylestown, • Pennsylvania, datied." March 11, 1974 and revised April 2 , 19-74 and recorded in.the Office of. Recorder of. Deeds, Bucks County in,Plan Book 122, page 41 and- described as', follows:,: to-wi'c :-:

• BEGINNINQ at a spike in the, canter, line of Broad 9t:reet (50 feet wide) said spike .heing. a- comer in. remaining landa now; or late of the Doylestown Rivet and Machine Co.,. Inc. and',being North:.4-9 degrees OO.miriutes: West) a distance .of S9.09 feet from the jjoirit of intersection formed .by thie center line of Atkinson Drive (width hot shown on -Plan) with the centet line of Broad Street; thence,from aaid point of beginning South 40 decrees 12 minutes West along remaining lands now, or late of the Doyleatown RiVet and Machine Company, . Inc. iS2.9S feet to a point an iro;r» pin a corner in said remaining lands; thence still along remaining:lands how or:late of theiboylestown Rivet and Machine Co., Inc. South 49.degreeB 00 mlhufes East a distance of^AO.DO feat to a point an,iron pin a corner- in line of lands'how.or late of Anna yarmark; thence along line of lands now or-lateof "-Yarmark" jsouth 40 degrees .12 minutes, West a distance of Sl:.,op feet-to a poiiiti an irori.piii a comer of Lot Number 2 as eho.wn -on' said Plan; thence along- Lot Number 2 North 49 degrees 00 minutes-West a distance of 194.58 feet to. a, point an iron.pin a corner in line lands now .or laite of iC:hera:-F.ab, .Corp..; chahcs. along line of Icmds now or .late -of ' Chem-Pab -Corp; ./North 41 degreea " 00 • minutes East a distance of. 213.96 feet to a point a spike in the center line of Broad Street; thence in and along the center;line of Broad:Street South 49 degrees 00 minutes East a distance of. 151.SS feet'to a spike a.corner of remaining lands now ox late of the Doylestown Rivet and Machine Company, Inc. the point

• and place of.BEGINNING. "•

BEING all of Lot Number-3 as shown,, on said: Plan.

CONTAINING . 7986 acres of land, more or less. . -. . -

- COUNTY PARCEL NUMBER:.' 8-5-i.- - , - •'

PREMISB3 "B" ,

ALL THAT'CERTAIN tract of land-With the buildings and improvements thereon erected, situate in . the Bbrough -• of Doylestown, County oi ' Bucks and Commonwealth of Pennsylvania, .as shown on Final Plan of: Doylestown--Rivet and Machine Co., Inc: Tract-made-by Weisel and Gilmore Aasociatea,. Surveyors' and Engineers,, Doylestown, -Pennsylvania, dated March .11, 1974 and revised'April 2, 19,74 ahd recorded, in the Office: of Recorder-of Deeds, Bucks County in Plan Book, 122 page 41 .and described as follows, to wit:

BEGINNING at a point an iron pin a corner of other lands now or'late of the Doylestown Rivet and Machine Co., Inc. also being in line of :landa now o» late of Anna ITarmark and beling South, 40: 'degrees'. 12 minutes West, passino through other Ituids now or late-of Dqylaetowh: Rivet and Machine Co., Inc. %. distance of 213.98- feec from a.steel-axle in.the-oenter,line of ;Broad".Street (SO feet wide); thence from said point-of-beginning along line'of lands now or late of "Yarmark" South 4 0 .degrees 12 minutes West a distance of 602.83; feet to a point an iron pin a-corner..in line of lands: now or late of tt* Borough of Doylestown'.(Sewage ahd Disposal Plan Tract).;"'theiice along line .^ : " landig now or late of. said "Plant" North 49 degrees 12 minutes West .a distance of 216.G7 feet to a point an iron pin a corner in remaining.'lands now or late of the Doylestown Rivet-and'Mach'ine .Co. Inc.; thence along line of remaining lands of the Doylestown Rivet: : and Machine' Co., Inc. North 40 degreea 12 minutes East a distance of' 603."59. feet tio - a-point an iron pin -a corner-in line of lands now :or;late.of Chem,-Pab Corp; thence partly along, line of landa now or lata of, Chem-Fab Corp., .and' partly aionglline- of lands, of-Lot Number 3 on aaid Plan, hereinabove, described,, South 49 degreea 00 minutes East a distance of 216.68 "feet to, -i point an iron-pin the- point and place of BEGINNING.

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BEING all of Lot Number 2 as' shown on said Plan.

.CONTAINING 3 acres of land, more or less.

BEING COUNTY PARCEL NUMBER: 9-.9-AS'

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Made this

Name of Mortgagor:

Name of Mortgagee:

SATISFACTION PIECE 20th . Day of June • 2001

Tilley Family Limited Partnership. LP

PREMIER BANK

Name of Last Assignee:_; N/A [ -

Date of Mortgage: November 3. 1998- Original Mortgage Debt: $150.000.00

Mortgage Recorded On November 10, 1998 in the Office ofthe Recorder of

Deeds of Bucks County . Peimsylvania, Mortgage Book: 1707 Page: 1911

assignment recorded on N/A in-Mortgage Book N/A Page N/A

Brief Description or Statement of Location of Mortgaged Premises:

280 N. Broad Street. Doylestown Boro. Bucks County. PA

Tax Parcel # 8-5-1 and 9-9-46

The undersigned hereby certifies that the debt secured by the above mentioned Mortgage has been fully paid or otheryvise discharged and that upon the recording hereof said

:.,.aj.,-.jy[ortgage shall be and is hereby fiilly and forever satisfied and discharged.

• ,,-;"j v<£ A ESS the due execution hereof

PREMIER BANK . . .

Michelle A. Pedersen, Vice President

COMMONWEALTH OF PENNSYLVANIA

COUNTY OF BUCKS

SS

On this 20th day of. June , 2001 before me, tlie undersigned personally appeared Michelle A. Pedersen "who acknowledged herself to be Vice President of PREMIER BANK, a corporation and that she as such Vice President, being authorized to do so, executed tlie foregoing instrument for the purposes therein contained, by signing the name ofthe corporation by herself as Vice President.

' IN WITNESS WHEREOF, I Hereunder set my hand and Notarial Seal.

My commission expires: t^rohm D. Jeanquart. Notary Puttto Dpytestown Boro. Bucks County

wy Commteslon Expires July -31.2C04

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PREMIER RANK

OPEN-END MORTGAGE

THIS MORTGAGE MADE THIS 28th day of. T i l l e y Family L imi ted P a r t n e r s h i p

March

280 N. Broad S t r e e t , Doylestown, PA 18901

?g2000 , is between, , with an address of

(each jointly and^everally, if more than one peison, and hereinafter refened to as "Mortgagoi") and Premier Bank, the Mortgagee ("Bank"), with a mailing address of 379 N. Main Street, Doylestown, PA 18901-0818.

In consideration for and to secure payment and performance to Bank of all ofthe Obligations, as that term is defined in subparagraphs (a) through (d) below, Mortgagor has granted, bargained, sold, conveyed, released, assigned, transferred, pledged, mortgaged and confirmed, and by these presents does hereby grant, bargain, sell, convey, release, assign, transfer, pledge, mortgage and confirm unto Bank, its successors and assigns, forever: ALL THAT CERTAIN.real estate situated in the County of- ^^'^^s ___, Commonwealth of Pennsylvania, known and designated as : '. .

280 North Broad S t r e e t , Doyles tovn Boro Mortgagor by Deed dated _

August 23 19 95 May 23

on at Deed Book ., 19. 95 1108

., conveyed to ., duly recorded in the office for recording of deeds in said County

., Page _ ^ ^ P _ as the Premises are therein described and, if necessary, as more particularly described on MS3S5XXSXM^96M3M{^SXand made a part hereof (hereinafter the "Premises");

P a r c e l Nos. 8-5-1 and 9-9-46

THE PREMISES SHALL INCLUDE all right, title and interest of Mortgagor in and to all present and future struc­tures , buildings and improvements located thereon, together with all common areas, streets, lanes, alleys, pas­sageways, passages, ways, water courses, strips and gores of land, easements, estates, rights, titles, interests, liberties, privileges, tenements, hereditaments and. appurtenances, whatsoever thereunto belonging to or in any way made appurtenant thereto; all leases and subleases of all or any part of the.Premises and rights of payment thereunder; the air space above and right to use the air space above, and the drainage, crops,.timber, agricultural, horticultural, min­eral, water, oil and gas rights with respect to the Premises, at law or in equity, all machinery, apparatus, equipment, furniture, fixtures, including without limitation, trade fix­tures, goods, appliances and other property of every kind, nature and description whatsoever, now or hereafter located in, on or about, or attached to or used in connection with, the Premises, together with any and all replacements and sub­stitutions thereof and all accessories, parts, or accessions thereto now or hereafter owned by the Mortgagor or in which Mortgagor has or may obtain any interest, and all awards, damages, payments: and/or claims arising out of any eminent domain or condemnation proceeding, damage or injury to any part of the Premises and/or any buildings, s t ruc tures or improvements thereon (the Premises , together with all of the foregoing, is hereinafter referred to as the "Mortgaged Property");

TO HAVE AND TO HOLD the Mortgaged Property hereby conveyed or mentioned and intended so to be, unto Bank, to its own use, forever. •

PROVIDED, ALWAYS, that this instrument is upon the express condition that, if Mortgagor promptly satisfies all of the Obligations, as hereinafter defined, in accordance with the provisions o f the Loan Documents, as hereinafter defined, and this Mortgage, at the times and in the manner specified, without deduction, fraud or delay, and if all the agreements, conditions, covenants, provisions and stipula­tions contained therein and in this Mortgage and in the Loan Documents are'fully performed and complied with, then this Mortgage and the estate hereby granted shall cease, determine and become void. Wun 0 Q 9 PrD fl 7

As used in this Mortgage, "Obligations" means any or all of the following:

(a) The indebtedness, liabilities.and obligations of Mortgagor to Bank, including all present and future advances, arising under a certain Note dated MarcA 28 m 2000 in the original principal amount of One Hundred F i f t y Tnousand and

-:::- :ii„—i oo/ioo nM:7^ (y 150,000.0.0 1 .plus interest, costs and charges thereon, and/or any amiendment, modification, refinanciiig, renewal, substitution or extension of the Note (hereinafter the "Note"), and all other liabilities of Mortgagor to Bank described in any agreements, documents and instruments executed in connection therewith (hereinafter collectively referred to as the "Loan Documents");

(b) All other existing and future indebtedness, lia­bilities and obligations of Mortgagor to Bank whether sole, joint or several , ma tu red or unmatured, direct or indirect, absolute or contin­gent, of any nature whatsoever, and out of what ever transactions arising, including, without limitation, any debt, liability or obligation owing from Mort­gagor to others which Bank may obtain by assign­ment or otherwise, excepting only any indebtedness constituting "Consumer Credit" as that term is defined in Regulation Z, 12 C. E R. S 226.1 et seq.;

(c) The costs of curing any Event of Default set forth in this Mortgage or in the Loan Documents ,which the Bank, in its sole discretion, elects to cure; and

(d) The reasonable costs and expenses, including attor­neys' fees incurred by Bank in preserving, pro­tecting and/or enforcing any of the obligations of Mortgagor specified in (a), (b) and (c) above.

MORTGAGOR REPRESENTS, COVENANTS AND WARRANTS to and with Bank that, until the Obligations secured hereby are fully paid and performed:

1. Payment and Performance. Mortgagor shall pay to Q Bank in accordance with the terms of the Note, this

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Mortgage and the other Loan Documents, the principal, inter­est and other sums therein and herein set forth and shall per­form and comply with all the agreements, conditions, covenants, provisions and stipulations of the Note, this Mortgage and the Loan Documents.

2. Warranty of Title. Mortgagor warrants that Mortgagor pos­sesses good and marketable fee simple title to the Premises, and has all power and authority to mortgage the Mortgaged Property to Bank and to grant a security interest therein in the manner set forth herein.

3. Maintenance of Mortgaged Property. Mortgagor shall keep the Mortgaged Property, including all buildings and improve­ments now or at any time hereafter erected on the Premises and the sidewalks and curbs abutting them, in good order and

, condidon and repair and shall abstain from and shall not per­mit the commission of waste of, in or about the Mortgaged Property.

4. 'Hazardous Substances. Mortgagor will not permit the pres­ence, use,,disposal, storage, or release of any hazardous sub­stances on or in the Mortgaged Property.

5. Insurance. Mortgagor shall keep the Mortgaged Property - condnuously insured against fire and such other hazards in

such amounts as may be required by Bank from time to time. All policies of insurance shall be issued by companies

. acceptable to Bank, and shall contain a standard mortgagee' clause, in favor of Bank, and shall provide for at least thirty (30) days prior written notice of cancellation or reduction in coverage to Bank, all of which policies are hereby assigned to Bank as additional security for the Obligations. If Bank shall become the owner of the Mortgaged Property or any part thereof by foreclosure or otherwise, such policies, including all right, title and interest of Mortgagor thereunder, shall become the property of Bank. Al least thirty (30) days prior to the expiration date of any insurance policy, Mortgagor shall deliver to Bank satisfactory evidence of thc-renewal of such insurance and the payment of all premiums therefor. In the event of any loss. Mortgagor will give imme­diate notice thereof to Bank and Bank may make proof of loss on behalf of Mortgagor. Each insurance company con­cerned is hereby authorized and directed to make payments under any such policies directly to Bank, instead of Bank and Mortgagor jointly, and Mortgagor hereby irrevocably appoints Bank as Mortgagor's atttorney-in-fact to endorse in Mortgagor's name any checks'or drafts issued thereon. Bank shall have the right to retain and apply the proceeds of any such insurance, at its reasonable election, to reduction of the Obligations, or to restoration and repair of the property dam­aged. ' ' ,

6. Taxes and Other Charges. Mortgagor shall pay when due and before interest or penalties shall accrue thereon, all taxes, charges, assessments and other governmental charges of any

;, kind whatsoever including electricity, water, and sewer rents, levied or assessed against the Mortgaged Property and will deliver receipts therefore to Bank, upon request, and shall pay when due all amounts secured by any prior lien on the Mortgaged Property. If requested by Bank or upon an Event of Default, in addition to the monthly installment of principal and interest due lo Bank, Mortgagor shall pay to Bank, on thc payrnentdate of said installments of principal and interest, until the Note is fully paid, a sum equal to one-iwelfih (1/12) of the annual real estate taxes, other municipalassessments and the estimated annual premium for all insurance required hereunder, with an initial deposit to cover the months which will have elapsed between the last date such taxes, charges and premiums were due and payable and the first date on which an installment shall be due hereunder. "

7. Inspection. Bank and any persons authorized by Bank shall

have the right at any time, upon reasonable notice to Mortgagor, to enter the Premises at a reasonable hour to inspect and photograph its condition and state of repair.

8. Declaration of No Set-Off. Within one (1) week after request to do so by Bank, Mortgagor shall certify to Bank or to any assignee or proposed assignee of this Mortgage, in writing duly acknowledged, the aiiiount of principal, interest and other charges then owing on the Obligations and on any obligations secured by prior liens upon the Mortgaged Property, if any, and whether there are any set-offs or defense against them.

9.' Required Notices. Mortgagor shall notify Bank promptly of the occun-ence of any of the following: (a) A fire or other casualty causing damage to all or any

part of the Mortgaged Property; (b) Receipt of notice of eminent domain proceedings or

condemnation of all or any part of the Mortgaged Property and Mortgagor hereby grants Bank an . irrevocable pow.er of attorney to appear and act for and on behalf of Mortgagor in any and all such proceedings;

(c) Receipt of notice from any governmental authority relat ing to tl-ie structure, use or occupancy of thc Mortgaged Property or any real property adjacent to the .Mortgaged

Property; . • (d) A change in the occupancy of the Mortgaged Property; (e) Receipt of any notice from thc holder of any lien or

security interest in all or any part of the Mortgaged Property; or .

(0 Commencement of any litigation affecting the Mortgaged Property.

10. Mortgage and Liens. Witliout the prior written consent of -• Bank, Mortgagor will not create or permit to be created or

filed against the Mortgaged Property, any mortgage lien.or other lien or security interest superior or inferior to the lien .of this Mortgage.

11. No Transfer. Without the prior written consent of Bank, Mortgagor will not cause nor permit any transfer of legal or equitable title to, beneficial interest in, or any estate or inter­est.in the Mortgaged Property, or any part thereof, voluntarily or by operation of law, whether by sale, exchange, lease, con-

• veyance, merger, consolidadon, thc granting of any lien or security interest or otherwise, or any agreement to do any of the foregoing. . ' •

' 12. Events of Default. Any one or more of the following events • shall constitute an Event of Default hereunder: (a) Failure of Mortgagor to make any payment of principal I or interest or any other sum promptly when due on any

of the Obligations;-(b) -Mortgagor's nonperformance of or noncompliance in

ariy niaterial'respect with any other agreements, conditions, convenants, provisions or stiputlations contained in the Note, this Mortgage or any of thc Loan Documents;.

(c) Any signature, statement, representadoti or warranty made in the Note, the Loan Documents or this Mortgage, or in any financial statment, certificate,' apphcation, request or other document furnished to Bank by Mortgagor at any time prior to, now or hereafter, is not true and correct in any material respect when made or delivered;

(d) The occurrence of any default undcr the Note or any of the Loan Documents; . . • •'

(e) The commencement by or against any Mortgagor of any proceeding under any applicable bankruptcy, insolvency or other similar law now or hereafter in effect, the

making by any Mortgagor of any general assignment for the benefit of creditors, the failure of any Mortgagor

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generally to pay debts as such debts become due, or the taking of action by any Mortgagor in furtherance of any of the foregoing; or

(0 The transfer or sale of any part of the Mortgaged Property of any interest therein, withbut.the Bank's prior written consent,

(g) The filing of any mechanic's or materialman's lien or municipal claim against all or any portion of the Mortgaged Property which is not discharged, bonded or otherwise subject to a good faith defense properly filed within ten (10) days; or

(h) The entry or filing of any judgement,'li.enencumberT ance, notice of lien, attachment, levy or any other adverse charge against the Mortgaged Property or any portion thereof which is.not discharged, bonded or otherwise subject to a good faith defense properly filed, within ten (10) days.

13. Remedies of Bank. (a) Upon the occurtence of any Event of Default, the entire unpaid balance of the Obligations, including interest as has accrued and as may thereafter accrue thereon, and all other sums secured by ths Mortgage, shall become iinmediately due and payable, at the option of the Bank, without notice to ' or demand upon Mortgagor or any other person; and therc-

• upon, in addition to all other rights or remedies available under the Note or any of the Loan Documents, or at law or in equity. Bank rhay: (i) forthwith bring an acdon of mortgage foreclosure hereon, and may proceed to judgment and execution to recover the balatice due on the Obligations and any other sums that may be due thereunder, including attorney's fees, costs of suit and costs of sale to the extent, if any, provided in the Obligations . and permitted by law; and (ii) enter into possession ofthe Premises, with or without ' legal action, lease the same, collect all rents and profits there-, from and,- after deducting all costs of collection and adminis­trative expenses, apply the net rents and profits to the pay­ment of taxes and other necessary maintenance and opera-, tional costs (inlcuding agents' fees and attorney's fees) or on, account of the Obligations, in such order and in such amounts a's'Bank in its sole discretion may elect, and Bank' . shall be liable to account only for rents and profits actually received by Bank; and

(b) Upon the occurrence of any Event of Default, Mortgagor hereby authorizes and empowers any attorney or any clerkof any court of record to appear for and confess judgement in -ejectment against Mortgagor for possession of the Premises,

- without stay of execution, without declaration, nnd with costs of suit and attorney's fees. To the extent permitted by law, Mortgagor hereby waives and releases all errors and defects whatsoever in any such proceedings, If after such action has been commenced the same shall remain in or be restored to Mortgagor and/or to its, his, her or their successors for any reason. Bank shall have the right for the same default or any subsequent default to again "appear foi" and again confess judgrnent.in ejectment for possession of the Premises as aforesaid. Bank may bring an action in confession of judg­ment before or after the institution of foreclosure proceedings upon this Mortgage, or after judgement thereon, or on any of the Obligations or after the sale ofthe Premises at any sher­iff's sales. The authority and power to appear for and enter judgement by confession in enactment for possession of the Premises against Mortgagor shall not be exhausted by the ini­tial exercise thereof, and the same may be exercised, from-time to time, as often as Bank shall deem necessary and desirable, and this Mortgage shall be a sufficient warrant therefore. In the event that any judgment by confession in-

. ejectment entered hereunder is stricken or opened upon appli-, cation by or on Mortgagor's behalf for ariy reason whatsoev­

er. Bank is hei:eby authorized and empowered to again appear for and confess judgment in ejectment for possession of the Premises; subject, however, .to the limitation that such subse­quent entry or entries of judgment by Bank following any proceeding to open or strike may only be done to cure any errors or defects in such proceedings, and only to the extent that such defects are subject to cure in such later proceedings, (c) Any real estate sold hereunder or on any other judicial proceedings, may be sold in one or more parcels, in such order and manner as Bank, in its sole discretion, may elect.

14. Rights and Remedies Cumulative. The rights and remedies of Bank as provided in the Note, this Mortgage and the Loan Documents shall be cumulative and concurtent, may be pur­sued separately, successively or together against Mortgagor, against the Mortgaged Property, or any other person liable hereunder or thereunder, at the sole discretion of Bank, and may be exercised as often as occasion therefore shall arise. The failure of Bank to exercise any right or remedy on any one or more occasions shall in no event be constmed as a waiver or release thereof.

15. Mortgagor's Waivers. Mortgagor hereby waives and releas­es to the extent permitted by law: • (a) All errors, defects and imperfecdons in any proceeding instituted by Bank under the Note or this Mortgage, and/or the Loan Documents; (b) All benefits that might accrue, to Mortgagor by virtue of any present or future law exempdng the Mortgaged Property, or any part of the proceeds arising from any sale thereof, from attachment, levy or sale on execution, or providing for any stay of execution, exemption from civil process or exten­sion of dme for repayment; and

(c) Unless specifically required herein, all notices of.Mortgagor's-default or of Bank's election lo exercise, or Bank's actual. exercise of any opdon under the note or this Mortgage.

16. Future advances. Without limidng any othe provisions of this Mortgage, this Mortgage shall also secure additional -loans or advances hereafter made by Bank to or on behalf of Mortgagor. Nothing contained herein shall impose any oblig­ation on the part of Bank to make any such additional loan(s)

.' • to Mortgagor. 17. Communications. All communications required or permitted

to be given under this Mortgage, to be effective, shall be in writing, and shall be hand dehvered or sent by registered mail, postage prepaid, return receipt requested, addressed to the addresses set forth above or at such other address as the

- addressess may hereafter designate in writing in the manner . herein provided.

18. Severability. If for any reason whatsoever, any part of this Mortgage shall be declared void or invalid,'by operation of law or otherwise, in any jurisdiction, then as to such jurisdic­tion only, such part shall be .void and the remaining provi­sions of this Mortgage shall remain in all other respects valid and enforceable, and such invalidity shall not invalidate or render unenforceable.such provision in any other jurisdiction.

19. Binding Effect-Amendment This Mortgage is binding upon and shall inure to the benefit of Mortgagor and Bank, and theii" respective successors and assigns. This Mortgage may not be changed or amended except by agreement in writing 'signed by the party against whom enforcement of the change or amendment is sought.

20. Applicable Law. The validity, construction, meaning and effect of the provisions of this Mortgage shall be governed and determined by and under the laws of the Commonwealth of Pennsylvania.

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IN WITNESS WHEREOR the Mortgagor has hereunto set his hand and seal the day and year first above written. This instrument is intended to constitute an instrument under seal. ....;

(INDIVIDUALS SIGN BELOW) a Name

• • • " N a m e

Name '

Name -

(CORPORATIONS OR PARTNERSHII JN BELOW)

Tilley Family Limited Partnershp, LP

By:-

Name of Corp. or Partnership

Tilley Holding Company, Inc. GP

By: / : Donald L. Till

Title y p

Till. President 3 :

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cy C- T i i l e ^ , S e c r e t a r y Affix Corp. sJ?n

The undersigned, being authorized to do so, hereby certifies that the precise address of the within name Mortgagee is 379 N. Main Street, Doylesftown; Pennsylvania 18901-0818. y4<7 ^ / ) _ '-^

By<i MAP

The undersigned hereby acknowledges receipt without cost of a true and correct copy of the within instrument.

By:. -CD

COMMONWEALTH OF PENNSYLVANIA

COUNTY OF BUCKS .

DLT

ACKNOWLEDGMENT

SS

On. March 28 , 2000 , l ^ _ Donald L. T i l l e y and -Nancy C. -Ti l ley

-, before me, the undersigned, personally appeared

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- 0 _ known to me or satisfactorily proven to me to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged: ' - •

Q that he/she/they executed the same for the purposes therein contained anddesire that it be recorded as such; or

[3 that they axe the President/^fecrjBcEsijdEKk and the 'SiseasnsKiijtasKktatBtcS'xBassctrsB or SecretaryisScasJsbfiJSt^Secxastery or General Partner ofthe CEffipmafeia/partnership named in the foregoing instrument and that, in such capacities, being authorized so to do, executed the same.for the purposes therein contained by signing the name and affixing the seal of the

. said corporation/partnership by themselves as such officers and desire that it be recorded as such.

IN WITNESS.WHEREOF I have hereunto set my hand

My Commission Expires:

tX testownBoro, Buck.5Cfo 5', 5,' , Mjf Oomnteston Btpiros ttoiy 31, 2CCK3

I , „ | , I ui_H. , ._ii .1 I - r • imr r t mm

B.C.B.O.A. Registry

Bi2032-!>r(jD8Z

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Deed Book

i-LUo

rage

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^

^r?~l i i ( . . i l i^

ASBIONMBHT OF RBNIS hlfD LEASES

KHOn ALL MEN BY THBSB PRBSBST3 THAT Til Jay Paaily Limited Partttarshlp,

(karoia after called 'AoBigtior"), la conaideration - .' •'. of Oae Dollar ($1.00) paid Aaaigaor by PRSUISR BAUK (hereinafter called 'ABBlgnee''), hereby absolutely aad uaconditionally conveya, trattafere aad assigns .unto Aaaignee I tB successors and assigms, a l l t he r i g h t e , interest and privilegea which Aaaignor as leaaor haa. aad may have in. the leaaea now exietiag or hereafter made and affecting the real property deacribed below or any part thereof, aa Baid rente tnay have been, or may from time to tine be hereafter, modified, extended and reneved, vtitb al l reata, income and p r o f i t a due and becoming duo therefrom. Assignor w i l l , on requests of ABBignea, execute assigrunents of euiy future leaaea affecting any part of auch real property.

Thie Assignment is made aa an additional security for tho payment of s certain note the ("Note'') and mortgage (the "Mortgage") (and al l extensions or modificatione thereof made by Aaaignor to Assigrnee in the sum of FIVB HVNDRBD THOUSAND AHD 00/100 -($500,000.00) with ia tereet , of even date herewith covering real property situated in Bucks, Pennsylvania and described as set forth in Exhibit "A" attached hereto and more p a r t i c u l a r l y described in the Mortgage (the "Property'},

The acceptance of this Assignment and tha cojtiectioh of rente or the paymentB under the leasee hereby assigned shail not constitute a vaiver of any rights of Aaaignee under the terms oi auch Note and Mortgage. Notwithatanding that this i s a present, absolute and unconditional ' aaaigniaent i t ia expreaaly understood and agreed by the parties hereto that before default occura under the terras of auch Note and Mortgage, Aaaignor shall have the. right to collect auch rent, income and profits froin ths aforementioned leaaea and to retain, use and enjoy the same; provided, however, that even before default occurs no rants more than thro months ia advance shall be collected or accepted without the prior written conaeat of Aaaignee.

Anything to tho contrary notwithatanding, Aaaignor hereby aaaigna to Aaaignee any award made hereafter to i t in'any court procedure involving any of. the leaaeea in any bankruptcy, inaolvancy, or reorganization proceedings in any state or Federal court; and any and a l l payments made by leaaeea in lieu of rent. Aaaignor hereby appoints Aaaignee aa i ta irrevocable attorney-in-fact to appear, in any action and/or to collect any auch award or payment.

Aaaignor, in the event of default in the performance of any ot the terms and conditions of such Note and Mortgage, hareby authorizes Assignee, at i t s option, to enter and taJce poaaeaaion of the Property and to manage and operate the sgune, to collect a l l or any rente accruing therefrom and from such leaaea, to l e t or re - le t the Property or any part thereof, to cancel-and modify leaaea, evict tenants, bring or defend aiiy su i t s in connection

H\ l O B i"-O^OV

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I

^ Assignment of Rents and Xieases Pago Two

w i t h the possession of the P rope r ty i n i t a own name or Assignor's aaae, make repairs as Assignee deems a p p r o p r i a t e , aad perfpina auch o t h e r acts i a connection with the management and operation of th© P r o p e r t y aa Assignee, in its discretion, may deem proper.

Ths receipt by Aaaignee of any rents, issues or profits pursuant to this Assignment after t h e institution of foreclosures o r sale proceedings under the Mortgage shall not cure such default or affect such proceedings or any Ba le p u r a u a h t t h e r e t o .

Aaaignee s h a l l no t be o b l i g a t e d ta perform o r discharge any o b l i g a t i o n or duty to be psrfonned or discharged by .Aaaignor under any of such leases, and Aaaignor h e r e b y ag reea to iadenmify Aaaignee f o r , and to s ave it harmless from, any and a l l l i a b i l i t y arising from any of such leases o r from t h i s Assignment, and this AaBignaent shall not place responsibility for the control, care, management o r r e p a i r of the P r o p e r t y upon Aaaignee, o r make Assignee reBi>oneible o r l i a b l e for- any n e g l i g e n c e i n t h e management, o p e r a t i o n , upkeep repair o r c o n t r o l of the Property resulting in l o a s o r i n j u r y or death to any tenant, licensee, employee or other p e r a o n . ' • • '

Aaaignor covenants and represents that Aaa ignor haa title to, and full r i g h t t o assign such leases and tho rents, income and profits due or to become duo thereiuider; that tho terms of such leases have not been changed froni the ternia in tho copies of such leases submitted to Assignee for approval; that no other assignments of any Interest therein has been made, except as set f o r t h h e r e i n ; t h a t t h e r e a r e ao existing defaults under tha provisionfl t he r eo f , and t h a t Aaaignor w i l l n o t h e r e a f t e r c a n c e l , a u r r e n d e r o r t e r m i n a t e any of auch l e a a e a , e x e r c i s e any o p t i o n which might l ead to Bitch t e r m i n a t i o n , o r change , a l t e r o r modify them, o r c o n s e n t t o the release of any party liable thereunder or to the assignment of the lessees' interest in them w i t h o u t the p r i o r w r i t t e n conaea t of AaBignea.

Aaa ignor h e r e b y authorizes ABBignee t o g i v e notice^ in w r i t i n g of this . Assignment at a time to any tenant under any of such leases.

, Violation of any of the covenants, reproflantations and p r o v i a i o n a contained herein by Aaaignor shall be doomed a default under the terms of the Note or Mortgage,

D e f a u l t by Aaaignor under any o f the terms if the leases assigned h e r e i n shall be deemed a default under tho terins of t h e Note and Mortgage. Any expenditures made by Aaaignee c u r i n g auch a d e f a u l t on A s a i g n o r ' B behal f , wi th interest thereon at the rate payable upon default under the Note, a h a l l become p a r t of t h e deb t secured b y t h i s Aaaigrment .

^^>^ilOB "C02D.-

Jt,

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Aeaignment of Rente and Leaaea Page Throe

The f u l l performance of . the Mortgage and the duly recorded aatiafaction, release.or reconveyance of the Property described t h e r e i n shall render this Assignment automatically void with r e a p a c t to the P r o p e r t y or portion t h e r e o f d e a c r i b e d i n any such satisfaction, release or rsconveyanoe.'.

The net proceeds collected by ABBignee, after reimbursement of expenses incurred by Assignee, under the terms of this Assignment s h a l l be a p p l i e d i a r e d u c t i o n of the e n t i r e indebtedness from t ime to tiae outstanding and Secured by the Mortgage.

This Assignment applies to and b iuda the parties hereto and their respective h e i r a , a d m i n i e t r a t o r a , executors, Buccaeaora and aeBigna , aa wel l aa any subseguant .owner of the Property described heroin any a a a i g a e e of the Mortgage r e f e r r e d to heroin.

IN WITNESS WHBRSOF, Aaaignor , i n t e n d i n g to be l e g a l l y bound h e r e b y , haa duly executed this Assignment, under seal, the 23rd day of May, 1995.

TILL3Y FAMILY LIMITSD PARTNBRSHIP, L .P .

By: Iyt2^^MU^&

COMMONWEALTH OF PENNSYLVANIA

COONTY OF BUCKS

_ Donmld jj,. T i l - i e y / Genera l P a r t n e r

,3^, Di>/^r^'c*^i . '7-/W^/?»-S.•'<*=v\/

On be fo re me, the undera igned , p e r s o n a l l y appeared ^ • • • known to mo or satisfactorily

proven to me to be tha peraonCs.J whose name(B) i a / a r e subscribed to tho w i t h i n i n s t r u m e n t and ac)cuowledged t h a t they execu ted the aame . fo r the

I purposes t h e r e i n con t a ined and desire that it be recorded aa auch.

^ IN WITNB8S MHSRSOF, I. have hereunto set: my hand and official seal.

My commission e x p i r e s :

'«i 108 PG020'

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•.«

CCmSONtfBALTH OF PENNSYLVANIA z 3 3 '

COUNTY OF BUCKS t

On t h i s J g 3 day of Mcxxf , ^^^^ i ^ ^ ^ ^ ^ " » ' the u n d e r s i g n e d , p e r a o n a l l y appea red X>r,ir^O^ U .-fZj Odixj who, acknowledged h i m s e l f / h e r s e l f t o be the P r e s i d e n t of 'T'jbQu^^,<AiJi.,r Gn„ar,,, ^JU , a PA C o r p o r a t i o n and t h a t ' h e / s h e ae e a c h , b o l a g authar i i sbd to dp a o , execu ted the f o r e g o i n g Assignment f o r t h o purpaaea t h e r e i n c o n t a i n e d by a i g n i a g tho name of t h e Corpora t ion by h i m s e l f / h e r s e l f as P r e s i d e n t .

IN NITNBas WHBRBOF, J h e r e u n t o Bet my h a n d ^ n d o f t i a i a r ^ e a l .

No ta ry P]^blic

My coamiaBion e x p i r e s ;

>

••*'<' ' 0 8 P c { i 2 \ [ j

- • - A .

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SCHEDULE "C"

NUMBER: SA-15626

PREMISES "A-

\

ALL THAT CERTAIN tract, of land with the buildings and improvement:s thereon erected, situate in the Borough o£ Doylestiown, County of Bucka and , Commonwealth of Pennsylvania, as ahown on Final Plan of Doylestown Rivet and Machine Co., Inc. Tract made by Weisel and Gilmore Associates, Surveyors and Engineers, Doyleatown, Pennsylvania, dated March 11, -1974 and revised April 2, 1974 and recorded in the Office of Recorder of Deeds, Bucks County in Plan Book 122 page 41 and described as follows, to wiC:

BEGINNING at a spike in the center line of Broad Street (50 feet wide) said spike being a corner in remaining lands now or late of the Doylestown Rivet and Machine Co.,. Inc. and being North 4 9 degrees 00 minutes West, a distance of 69.09 feet from the point of intersection formed by the center line of Atkinson Drive (width not shown on Plan) with the center line of Broad Street; thence from said point of beginning South 4 0 degrees 12 minutes West along remaining lands now or late of the Doylestown Rivet: and Machine Company, Inc. 162.98 feet to a point an iron pin a corner in said remaining lands; thence still along remaining lands now or late of the Doyleatown Rivet and Machine Co., Inc. South 49 degrees 00 minutes Bast a distance of 40.00 feet to a point an iron pin a corner in line of lands now or late of Anna Varmark; thence along line of lands now or late of "Yarmark" South 40 degrees 12 minutes West a distance of 51.00 feet to a p>oint an iron pin a corner of Lot Number 2 as shown on said Plan; thence along Lot Number 2 North 49 degrees 00 minutes West a distance of 194.58 feet to a point an iron pin a corner in line lands now or late of Chem-Fab Corp.; thence along line of lands now or late of Chem-Fab Corp. North 41 degrees 00 minutes East a distance of 213.96 feet to a point a spike in the center line of Broad Street; thence in and along the center line of Broad Street South 49 degrees 00 minutes East a distanca of 1S1.65 feet to a spike a corner of remaining lands now or late of the Doylestown tlivet and Machine Company, Inc . the point and place of BEGINNING.

BEING all of Lot Number 3 aa shown on said Plan.

CONTAINING .7986 acres of land, more or leas.

COtmTY IJARCEL NUMBER: 8-5-1

(Continued)

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i.«

SCHEDULE "C" - Continued

NUMBER: SA-1B626

PREMISES "B'

ALL THAT CERTAIN tract of land with the buildings and improvements thereon erected, situate in the Borough, of Doylestown, County of .Bucks and Commonwealth of Pennsylvania, as shown on Final.Plan of Doylestown Rivet and Machine Co., Inc. Tract made by Weisel and Gilmore Associates, Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974 and revised April 2, 1974 and recorded in the Office of Recorder of Deeds, Bucks Countiy in Plan Book 122 page 41 and described as follows, to wit:

BEGINNING at a point an iron pin a corner of other lands now or late of the Doylestown Rivet and Machine Co., Inc. also being in line of lands now or late of Anna Yarmark and being South 40 degrees 12 minutes West passing through other lands now or late of Doyleatown Rivet and Machine Co., Inc. a distance of 213.98 feet from a steel axle in the center line of Broad Street (50 feet wide); thence, from said point of beginning along line ,of lands now or late of "Yarmark" South 40 degreea 12 minutes West a distance of 602.83 feet to a point an iron pin a corner in line of lands now or late of the Borough of Doylestown (Sewage and Disposal Plan Tract); thence along line of lands now or late of said "Plant" North 49 degrees 12 minutes West a distance of 216.67 feet to a point an iron pin a corner in remaining, lands now or late of the Doylestown Rivet and Machine Co. Inc.; thence along line of remaining lands of the Doylestown Rivet and Machine Co., Inc. North 40 degrees 12 minutes East a distance of 603.59 feet to a point an iron pin a corner in line of lands now or late of Chem-Fab Corp; thence partly along -line of lands now or late of Chem-Fab Corp. and partly along line of lands of Lot. Number 3 on said Plan, hereinabove described, South 49 degrees 00 minutes East a distance of 216.68 feet to a point an iron pin the point and place of BEGINNING.

BEING all of Lot Number 2 as shown on said Plan.

CONTAINING 3 acres of land, more or less.

BEING COUNTY PARCEL NtJMBER: 9-9-46 . ,

PREMISES "A" AND "B" BEING THE SAME PREMISES WHICH Bucks County Industrial Development Authority, by Deed dated 3/1/1990 and recorded 11/12/1992 in the Office for the Recorder of Deeds in and for the County of Bucks, and Commonwealth of Pennsylvania in Deed Book Volume LR 563,. Page 2288, granted and conveyed unto INERTIAL MOTORS CORPORATION, grantor/mortgagor herein.

(Continued)

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SCHEDULE "C" - Continued

NUMBER; SA-15626

ALL THAT CERTAIN lot or piece of ground, with the buildings and improvements thereon, situate in the Township of Doylestown, County of Bucks and Commonwealtil of Pennsylvania, described according to a Final Plan of Tilley Tract, prepared by Frank O. Kiminaki, Registered Surveyor, Doylestown, Pennsylvania dated November 21, 1977, recorded in Bucks County in Plan Book 164 page 3, more fully described as follows, to wit:

BEGINNING at a point in the centerline of Broad St;reet ' (T-3S0) said point also being a corner of Lot Number 2 on said Plan which point ie measured on a course of South 49 degrees 01 minutes East 871.72 feat from its point of intersection with the centerline of Shady Retreat Road; thence extending from-said beginning point continuing along the centerline of Droad Street South 4 9 degrees 01 minutes East 377.96 feet to a point in line of lands now or late of Cottrell; thence extending along the same the six (6) following courses and distances, viz: (1) South 41 degrees 00 minutes West 213.96 fefst to' a point; (2) North 49 degreea 00 minutes West 62.00 feet to a point; (3) South 39 degrees 39 minutes West 199.49 feet to a point; (4)'North 50 degrees 50 minutes West 100.52 feet to a point; (5) South 57 degrees 44 minutes West 75.00 feet to a point; (6) North 50 degrees 50 minutes West 168.85 feet to a point in line of Lot Number 2 aforementioned; thence extending along the same North 37 degrees 32 minutes 30 seconds East 494.63 feet to the first mentioned point and place of BEGINNING. '

BEING ALL of Lot Number 1 as shown on the aforementioned Plan.

CONTAINING 3.524 acres. -

BEING COUNTY PARCEL NUMBER: 9-9-4 3

BEING THE SAME PREMISES WHICH Donald L. Tilley and Nancy C. Tilley, husband and wife, by Deed dated February 11, 1993 and recorded March 3,' 1993 in the office for the Recorder of Deeds of Bucks County in Land Record Book 626 page 2107, granted and conveyed unto Donald L. Tilley and Nancy C. Tilley, husband and wife.

(Continued)

ml ( 0 8 PG02I.:-

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I.«

SCHEDULE "C" - Continued

NUMBER: SA-15626

pRlgMiaga "D"

ALL THAT CERTAIN messuage or tract of . land situated in the Township of Doylestown, County of Bucks and State of Pennsylvania according to a Survey and Plan made on June 14, 1949 by W. 0. Weisel & Son, Civil Engineers and Surveyors of [5oyiestowh, Pennsylvania bounded, and:described as follows, to wit :

BEGINNING at an iron pin in the 'centerline of a public road known as Dutch Lane in line of lands of Harry M. Smith (448.7 feet Northwest of an iron rail monument a Borough Corner); thance by lands about to be conveyed to Leroy Henning along the centerline of a lane or driveway (which us i:o be .used jointly with the said Henning); (1) South 49 degrees 13 minutes West 126.64 feet to a corner; (2) by a curve to the right having a radius of 131.57 feet for a distance of 83.05 feet to a corner; (3) South 8S degrees 23 minutes West 49.64 feet to a corner; (4) by a curve to the left having a radius of 99.84 feet for a distance of 76.09 feet to a corner; (5) South 41 degreea 43 minutes West 186.57 feet to a corner; (6) by a curve to the left having a radius of 60.00 feet for a distance of 60.04 feet to a corner; (7) South 15 degrees 37 minutes East 7.58 feet to an iron pipe a corner; thence leaving said lane or driveway but still by the said lands to be conveyed to Henning South 55 degrees 08 minutes West 285.2 feet to an iron pipe a corner in a line of lands owned by the Borough of Doylestown (on which a sewage disposal plant is located); thence along line thereof North 49 degrees 12 minutes West 229.96 feet to an iron pipe in a heap of stones a corner; thence atill by the aaid lands of the Borough of Doylestown South 62 degrees 10 minutes West 205.55 feet to an old corner stone; thence by lands conveyed to Wynne James, Jr. by Aura B. Owen North 39 degrees 54 minutes East 518.33 feet to an iron pipe a corner; thence by remaining lands of Wynne James, Jr. (of which the within described premises was a part) the six (6) following courses and distances: (1) South 50 degrees 50 minutes 204.95 feet to' an iron pipe a corner; (2) North 57 degrees 44. minutes East 75.00 feet to an iron pipe a corner; (3) South 50 degrees 50 minutes East 100,52 feet to an iron pipe a corner; (4) (partly along the face of a stone wall) North 39 degrees 39 minutes East 199.49 feet to an iron pipe a corner; (5) South 49 degrees East 62.00 feet to an iron pipe a corner; (6) North 41 degrees East 213.96 feet to an iron pipe a corner in the aforesaid centerline of Dutch Lane; thence along Che centerline thereof by lands of Harry M. Smith South 49 degrees East 86.16 feet to the place of BEGINNING.

CONTAINING 3.524

BEING COUNTY PARCEL NUMBER: 9-9-44-

(Continued)

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95 AUG 23 PMI2:I»7 058112

AUG 23 95

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Oe o\

601

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After r e c o r d i n g r e t u r n to : Joseph J . Doughert^y, Esquire 1450 'Boot Road, Bui ld ing 400 West C h e s t e r , Pennsylvania 19380

MORTQAQB AMD SBCtffllTY RqaEEMBMT

^ / I T THIS MORTGAGE, made this ^ ' "^ day of ' •-" " '" " - , 1992, between Inertial Motors Corporation, a P««noy]r¥»nia corporation with a mailing address of 280 North Broad Street, Doylestown, Pennsylvania 18901 (hereinafter "Mortgagor") and Logan Coal and Timber Association, 25 Darby Road, Paoli, Pennsylvania 19301 (hereinafter "Mortqagee").

W I T H E 8 S B T H !

Mortgagor has executed and delivered to Mortgagee a Loan Agreement and Promissory Note ("Note") in the principal amount $200,000.00 with interst thereon at the rate and times, in the manner and according to the terms and conditions specified in the Note, of even date herewith, all of which are incorporated herein by reference.

NOW, THEREFORE, in Consideration of the indebtedness of Borrower, and as security for the payment to Mortgagee by Borrower of the principal with interest and all other sums provided for in the Note of even date herewith, including any extensions, amendments or modifications.thereof, and in the Loan Agreement, Assignment of Leases, Rents and Profits and Borrower's Certificate (the Loan Documents) in connection therewith. Mortgagor has granted, conveyed, bargained, sold, aliened, enfeoffed, released, confirmed, and mortgaged and by tihese presents does hereby grant, convey, bargain, sell", alien, enfeoff, release, confirm and mortgage unto Mortgagee a first lien priority on all that certain real estate being 280 North Broad Street, Doylestown, Pennsylvania 18901, county parcel /8-5-1 and tjot /2, county parcel /9-9-46, both .of which are more fully. described in Exhibit "A" attached hereto and made a part hereof.

TOGETHER WITH all of Mortgagor'3 right, title and interest now owned or hereafter acquired in:

(1) All buildings and Improvements now or hereafter erected on, under or over the t,and (tho "Improvements"); the Land and Improvements being hereinafter collectively referred to as the "Real Estate"; and

(2) All fixtures, appliances, machinery, furniture and equipment of any nature whatsoever, now or at any time hereafter installed in, attached to, or situated in or upon the Real Estate, and any Improvements now or hereafter erected thereon, or used or intended to be used in connection with the Real Estate, or in the operation of any Improvements now or hereafter erected thereon, or in the operation and maintenance of any such Improvement, plant or business situate thereon, whether or not the personal property is or shall be actually affixed thereto, and all replacements,

EKOGli i i-'i H3<^

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4)

substitutions, accretions and proceeds of tha foregoing (being collectively referred- to hereinafter as "Fixtures) including, without limitation, all furniahinga, furniture, ecjuipment, appliances, lighting, heating, ventilation, security) '.air conditioning, sprinkling and plumbing equipment and fixtures, gas and electric fixtures, radiators, heaters, ranges, storio and screen windows, shutters, doors, decorations, awnings, shades, blinds,'and trees, shrubbery and other plantings; all building oaterialB,' building machinery and building equipmant; delivered on site to the Real.Estate or any portion thereof during the course of, or' in connection with the construction of, or reconstruction of, or remodeling of any buildings and Improvements, from, time to time during the term hereof; and all parts, fittings, acceeaoriea, accessions', substitutions and-replacements therefor and thereof; and

(3) Any and all tenements, hereditaments and appurtenances belonging to the Real Estate, and all.streets, alleys, passagea, ways, water courses, and all leasehold estates,, easements and' covenants now existing or hereafter created for the benefit of the Real Estate and all righta to enforce the maintenance thereof,, and all other rights, liberties and privileges of whatsoever kind or character, and the reversions and remainders, income, rents, issues-and profits arising therefrom, and all the estate, right, title, interest, property, posaesaion, claim and demand whatsoever, at law or in equity, of Mortgagor in and to the Real Estate or any part thereof; and

(4) All "Proceeds" of the foregoing which term shall have the meaning given to it in the Uniform Commercial Code of the atate in "Which the Real Estate is located and'shall additionally include, but not be limited to, whatever is received upon the use, lease, sale, exchange,, collection, or other utilization or any disposition of any of the foregoing voluntary or involuntary, whether .cash or non-cash, and including without limitation^ proceeds of insurance and condemnation awards, rental or lease payments, accounts, chattel paper, instruments, documents, contract rights, general intangibles, equipment and inventory.'

All of the above-mentioned real, estate, buildings, improvements, fixtures,'machinery, furniture, equipment, tenements,-hereditamients, and appurtenances, and other property interests are sometimes collectively referred to ; herein as the "Mortgaged Property".

TO HAVE AND TO HOLD the Mortgaged Property hereby conveyed or mentioned or intended so to be, unto Mortgagee, to its own use forever. ;

PROVIDED, ALWAYS, and this instrument is upon the express condition that, if Mortgagor pays to Mortgagee the Indebtedness, the interest thereon and all other sums payable by Mortgagor to Mortgagee as are secured hereby, in accordance with the provisions of the Note and Loan Documents (the "Obligations"), at the times and in the manner specified.without deduction, fraud, or delay, and

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Mortgagor shall have performed and complied in all respects with the agreements, ,conditions, covenants, stipulations, terms and provisions of this Mortgage and Loan Documents, then this Mortgage and the estate hereby granted shall cease and become void.

1. WAHRANTY OF TITLE. Mortgagor warrants that they have good and marketable fee simple absolute title to 1:he Mortgaged Property subject only to those exceptions to title' .mora particularly described in a title report C-948-.675 dated - , issued by Commonwealth Title Insurance Company to Mortgagee, and that this Mortgage is and will remain a valid and enforceable first lien on the Mortgaged. Property subject only to the Permitted Encumbrances. Mortgagor has full power and lawful authority to subject the Mortgaged Property to the lien of this Mortgage. Mortgagor shall preserve auch title, and will forever warrant and defend same to Mortgagee and will forever defend the validity and . priority of the lien hereof against the claims of all persons and parties whomsoever excepting only those claiming under or through the Permitted Encumbrances. Mortgagor shall make, execute, acknowledge and deliver all such further or other deeds,.-documents, instruments or assurances and cause to be done all such further acts and things as,, may at any time hereafter be required by Mortgagor to confirm and fully protect the lien and priority of this Mortgage. "

2. MORTGAGOR'S COVENANTS: Until the. entire indebtedness secured by this Mortgage is fully paid. Mortgagor covenants and agrees:

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.. • (a) Mortgagor shall pay or cause to be paid to Hortgagee, , in accordance with the terms of the Obligations and this-Mor.tgage and any other documents and agreements secured by this Mortgage, the principal thereof and Interest thereon, and any other aums therein set forth; shall perform and comply with our cause to be performed and complied with all the agreements, •; conditions, covenants, provisions and stipulations of the Obligations, this Mortgage and any other documents or agreements executed in connection with the Obligations or any other obligations secured hereunder; and shall timely perform all of its obligations and duties under any lease, easement agreement, license, permit, approval, covenant or other agreement relating to, affecting, created for the benefit of or used in connection with.the operation of all or any portion of the Mortgaged Property how or hereafter in effect. '

(b) Mortgagor ahall pay, when due and payable and before interest and penalties are due thereon, all taxes, water and sewer rents, assessments and all other charges or claims, which may be assessed or levied upon the Mortgaged Property at any time, by any lawful authority, and which by an present or future law may have priority over the Obligations and the- other sums secured by this Mortgage either in lien or in distribution out of the proceeds of any judicial sale, and shall produce-upon Mortgagee's request on or before the last day upori which they may be paid without penalt:y or interest, receipts of thc current year for the payment of all such taxes, water and sewer rents, assessments,-charges and claims.

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(c) Mortgagor shall maintain insurance on tha Mortgaged Property of such kinds, in such amounts, and with such companies as are satisfactory to Hortgagee; and if said insurance or any part thereof shall expire, or be withdrawn, or become void by breach of any condition thereof by Mortgagor, or become void or unsafe by reason of the failure or impairment of the capital of any such company with which said insurance may then be placed, or if for any other reason said insurance shall become unsatisfactory to Mortgagee, Mortgagor shall effect new Insurance on said Mortgaged' Property satisfactory to Hortgagee. Mortgagor shall pay, as they become due, all premiums for such insurance and lodge with Mortgagee, as further security for the indebtedness secured hereby, all policies therefor, with standard mortgagee clauses attached in favor of and acceptable to Mortgagee. In event of loss. Mortgagor will give immediate notice by mail to Mortgagee, and Mortgagee may make proof of loss if not made promptly by Mortgagor. Mortgagor hereby directs any insurance company to pay directly to Mortgagee any moneys which may become payable under such insurance, including return of unearned premiums, such moneys to be applied in whole or in part at the option of Hortgagee to the unpaid balance of the indebtedness secured hereby or to the repair of the property damaged; and Mortgagor appoints Mortgagee as attorney-in-fact to endorse any draft therefor. Receipt by Hortgagee of any proceeds loss than the full amount of the then outstanding indebtedness shall not alter or modify Mortgagor's obligation to continue to pay the installments of principal, interest-and other charges specified in the Obligations and in this Mortgage. In the event of foreclosure of this Mortgage or other transfer of title- to the Mortgaged Property in extinguishment of the indebtedness secured hereby, all right, title and interest of Mortgagor to any insurance policies then in force covering the Mortgaged Property shall pass to the transferee of the Mortgaged Property.

(d) Mortgagor shall maintain the Mortgaged Property'in good repair, order and condition; shall not commit or suffer waste with respect thereto; shall not remove from the Mortgaged Property fixtures, appliances and equipment of any nature covered by the lien of this Mortgage or the security interest created hereby without haying obtained the prior written consent of Mortgagor; shall not make, install or permit to be made or installed, any alterations, additions, improvements, ' fixtures, appliances or equipment of any nature to or in the Mortgaged Property without obtaining the prior written consent of Hortgagee which consent Mortgagee hereby reserves the right to refuse to grant. Mortgagor shall permit Mortgagee, or its agents, at any reasonable times to enter upon the mortgaged real, estate and the buildings and improvements thereon erected for the purpose of inspecting and appraising the Mortgaged Property.

(e) Mortigagor'and its tenants under lease shall comply with all applicable laws, ordinances and regulations relating to the Mortgaged Property, including with limitation all "Environmental Laws." For purposes of this paragraph, the term "Environmental Laws" shall mean any federal, state or local statute, act, law, ordinance, rule,' regulation or order pertaining to the environment,

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whether now or hereafter enacted. Including without limitation:

* (1) The Comprehensive Environmental Response, Compensation and Liability Act (GERCLA),42 U.S.C. Section 9601 .(14), as amended by the Superfund Amendments and Re-Authorization Act . of .1986 (Publ.' L. Ho. 99499, 100 Stat. 1613 -(1986) ("SARA");

(2) The Hazardous Materials Transportation Act, ae amended, .49 tJ.s.C. Sections 1801, et. seq. ("HMTA"); -

(3) The Resource Conservation Act, -42 U.S.C. Section 6901 et. seq. ("RCRA");

(4) Toxic Substances Control Act, 15 U.S.C. Section 2601 et. seq. ("TSCA"); ,.

(5) The Clean Water Act, 33 U.S.C. Section 407 et. seq. ("CWA") ;

(6) The Clean Air Act, 42 U.S.C. Section 7901 et. seq. ("CAA");

(7) The Pennsylvania Clean streams.Law ("CSL") 35 pa, C.S.A. Section 691,1 et. seq.;

(8) The Pennsylvania Solid Waste Management Act ("SWMA") 35 Pa. C.S.A. Section 6018.101 et. seq.; . • - .

(9) The Pennsylvania Hazardous Sites Clean Up Act ("HSCA") '35 Pa. C.S.A. Section 6020.loi et. seq. ;

(10) The Pennsylvania storage Tank and Spill Prevention Act ("STSPA") 35 Pa. C.S.A. Section 6021.101 et. seq. '

Mortgagor on behalf of themselves and their tenants under ^ • lease, warrants and represents that; (1) No hazardous substance not

properly contained, hazardous waste, residual waste, toxic substance or •solid waste, as those terms are defined in any

. Environmental Law. (hereinafter referred to , as "Hazardous Substance") is present on the Mortgaged Property; (ii) There is no asbestos or asbestos containing material on t h a Mortgaged Property; (iii) There is no radon gas or radon agency progeny contamination above the acceptable limits set forth -in any Environmental Law or established by the United States Environmental Protection Agency; (iv) Mortgagor has not been ideintified in any litigation, administrative proceedings or investigations as a responsible party for any liability under any Environmental Law; (v) No portion of tha Mortgaged Property constitutes a wetland or other "water of the

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United States" for purposes of section 404 of CWA, or any similar & area regulated under any state law; (vi) No portion of the

Mortgaged Property constitutes a flood plain or other flood hazard as defined pursuant to, if the Mortgaged Property or any part hereof is. situate in the Commonwealth of Pennsylvania, the Pennsylvania Flood Plain.Management Act, Pal Stat. Ann. tit. 32 Sections 679.101 to .601 , (Purdon Supp. 1987); (vli):. If the Mortgaged Property or any part is thereof situate In the State of Pennsylvania, Mortgagor or the previous owners of the Mortgaged Property has filed a registration questionnaire on all underground storage tanks located at or oh the Mortgaged Property in accordance-with the Pennsylvania storage Tank and Spill Prevention Act and has provided Mortgagee with evidence of same. "Underground storage tank" shall have the definition as set forth in 35 Pa. C.S.A. Section 6021.102. None of the underground storage tanks located at or in the Mortgaged Property have discharged Hazardous Substances into the environment.

Mortgagor shall promptly provide Mortgagee with copies of all notices received by or prepared by Mortgagor in connection with any Environmental Law. For purpose of this paragraph, the term "notice" shall mean any summons, ci'tation,. directive, order, claim, pleading, application, filing, report, findings, declarations, or othe Law.

i:,iiv XL UMUitfiiuax Lraw. r u i ^ U L ^ U £ > I ^ UJL U J I X S y a L a ^ L a y i i f u u e utsxni "notice" shall mean any summons, ci'tation,. directive, order, claim, pleading, application, filing, report, findings, declarations, or other materials pertinent to compliance with such Environmental

Mortgagor on l>ehalf of themselves and their tenants, covenant that they shall not use, generate, treat, store, dispose of or otherwise introduce any Hazardous Substsance into or on the Mortgaged property and will not cause, suffer, allow or permit anyone to do ao in violation of any Environmental Law. Mortgagor hereby indemnifies and agrees to hold Mortgagee, -its employees, agents, officers and directors harmless from and against all lose, liability,' damage, expense- and costs (including reasonable attorneys' fees) contingent or •otherwise, arising out of Mortgagor's breach of the representations and covenants of this Article, including any such loss, liability, damage, expense or cost suffered by Mortgagee. The foregoing indemnification shall survive foreclosure or satisfaction of this Mortgage or' the acceptance by Mortgagee of the deed in lieu of foreclosure.

(f) Mortgagor shall notify Mortgagee promptly upon receiving any notice of comniericement of any proceedings for the condemnation of the Mortgaged Property, and shall permit Hortgagee to participate in such proceedings and to receive all proceeds payable to Mortgagor as an award or in settlement up to the amount of the indebtedness secured hereby. Receipt by Mortgagee of any proceeds leas than the full amount of the then outstanding indebtedness shall not alter or modify Mortgagor's obligation to continue to pay the installments of principal, interest and other charges specified in the Obligations and In this Mortgage.

(g) Without prior written consent of Hortgagiae, Mortgagor shall not create or cause or -pelrmit to exist any lien on -the Mortgaged Property other than the Permitted Exceptions. Any

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violation of the foregoing limitation shall be deemed, at tho option of the Mortgagee, an event of default hereunder, and under the other Loan Documents.

(h) Mortgagor shall perform every obligation of the lessor and enforce every obligation of the lessee in every lease demising all or any portion of the Mortgaged Property, and shall not modify, alter, waive or cancel any such lease or any part thereof, nor anticipate for more than one ' month, any rents that may be collectible under any such lease nor assign any such lease or any such rents other than to Mortgagee.

(1) If Mortgagee shall become a party, either as plaintiff or defendant, to any suit or legal proceeding affecting the lien on or security interest in the Mortgaged Property, Mortgagor shall pay to Mortgagee on demand its costs, expenses and reasonable attorneys fees in such suit or proceeding.

. (j) , ' In the event of default hereunder or under - the Obligations, Mortgagor shall, pay to Mortgagee on demand, its costs and expenses in connection with the curing of any such default, the collection of the sums secured hereby, or obtaining possession of thc Mortgaged Property, including but not limited to, costs of any title search and reasonable attorneys fees.

(k) Mortgagor shall complete and, within a reasonable time, shall pay-'for any construction which is commencedat any.time on the Mortgaged Property, free of any mechanics liens or other liens.

3. -SECURITY INTEREST: This Mortgage constitutes a security agreement under the Uniform Commercial Code and creates a security interest in all that property (and the proceeds thereof) included in the Mortgaged Property which might otherwise be deemed "personal property'?. Upon filing this Mortgage in the office of the recorder of deeds in and for Ducks County, Pennsylvania, this Mortgage shall also be effective aa a financing statement filed as a fixture filing in such office. Mortgagor shall execute, deliver, filia and refile any financing statements, continuation statements or other security agreements that Mortgagee may require f-rom tine to time to confirm the lien of this Mortgage with respect to such property. Without limiting the foregoing, Mortgagor hereby irrevocably appoints Hortgagee . attorney-in-fact for Mortgagor to execute, deliver and file such instruments for and on behalf of Mortgagor. All costs of; such filing and refiling shall be paid by Mortgagor. Mortgagor shall not change its principal place of businass without giving Mortgagee at least thirty (30) days prior written notice thereof,. which notice shall . be accompanied by new financing statements executed by Mortgagor in the aame form as the financing statements delivered to Mortgagee on tha date hereof except for the change of address, tjpon any event of default hereunder or under the Obligations, Mortgagee shall have in addition to any other-rights and remedies hereunder or under the Obligations, all of tho rights and remedies granted to a secured party under the Uniform Commercial Code with respect to all personal property.

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4. MORTGAGEE'S OPTIONAL ADVANCE; In the, event Mortgagor shall fail, to pay taxes, water and sewer rents, assessments,, charges, claims, .costs, expenses or. fees or fails to maintain insurance, or to ,,make ' all necessary repairs to the Mortgaged Property, all as hereinbefore provided, Hortgagee tnay, at Mortgagee's sole option and without notice to Mortgagor, advance sums on behalf of Mortgagor in payment of said taxes, water and sewer rents, assessments, charges, claims, costs, expenses, fees, insurance and repairs, which repairs Mortgagor hareby authorizes Mortgagee to make, without prejudice to the right of enforcement of the Obligations, or the other riemedies of Mortgagee as herein set forth, by reason of the failure of Mortgagor to make payment of the sane; and all such sums so advanced by Hortgagee shall l&e added to and become a part of the indebtedness secured hereby, and repayment thereof, with interest thereon at the lower of a rate 5% per annum above the highest rate extant under the Obligations on the date of such default or. the highest aggregate rate of interest: permitted by law, from the dates of their respective expenditures, may be enforced by Mortgagee against Mortgagor at any time.

5. ADDITIONAL LIENS! Mortgagee may, at its sole option, declare the entire unpaid balance of the principal of and the accrued interest on the Obligations and all other suns secured by this Mortgage immediately due and payable if any. lien or encumbrance of.any type, whether voluntary or involuntary, shall be permitted to be filed or entered against tlie Mortgaged Property without the prior written consent of Hortgagee, unless Mortgagor shall have it removed of record within twenty-five.(25) days after it is filed or entered by paying it, having it bonded in a manner that removes it of record or otherwise having it removed of record.

6'. TRANSFER OF TITLE: Mortgagee may, at ita sola option, declare the entire unpaid balance of the principal of and the accrued interest on the Obligations and all other sums secured by this Mortgage immediately due and payable if Mortgagor, without the prior wirittcn consent of Mortgagee, shall cause or permit, to the extent it nay do so, any transfer of title to or beneficial interest in the Mortgaged Property, or any part thereof, voluntarily or by operation of law (other than by execution on the Obligations or foreclosure under this Mortgage); or any issuance or transfer of stock in Mortgagor if Mortgagor is a corporation, or of interests in Mortgagor or Mortgagor is a partnership .or joint venture, whether by sale, exchange, conveyance, merger, consolidation or otherwise.

7. DEFAULT AND REMEDIES; In the event of default in payment of any installation of principal, and/or interest on the date on which it shall fall due in accordance with the provisions of the Obligations or in the performance of any of the terms, agreements or covenants contained in the Note or in this Mortgage or in any other documents or agreements executed in connection with the Note or secured by this Mortgage, or if a custodian, receiver, liquidator or trustee of Mortgagor or of any of ita property shall be appointed, or Mortgagor shall be insolvent, or make an assignment for the benefit of creditors, or a petition for the

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bankruptcy, reorganization or arrangement of Mortgagor shall be filed by or against Mortgagor pursuant to the Federal Bankruptcy Code or any similar federal or istate statute (and, in the case of any such petition filed against Mortgagor, such petition is not dismissed within sixty days), or if any proceeding for the dissolution or liquidation of Mortgagor shall be instituted, then ' Mortgagee may forthwith and without further delay:

(a) institute an action of mortgage foreclosure against the Mortgaged Property, or take such other action at law or in equity for the enforcement hereof and of tha Obligations as they may allow, and may proceed thereon to final judgment and execution^ thereon for the entire unpaid balance of'said principal sum, with interest at the rates stipulated in the Obligations to the date of default, and thereafter at the rate of'ten (10%) percent per annum, together with all otheV sums due by Mortgagor in accordance with the provisions hereof and of the Obligations, including all sums which may have been loaned by Mortgagee to Mortgagor or Borrower after the date of this Mortgage, and all sums which may have been advanced by Mortgagee for taxes, water or sewer rents, charges or claims, insurance or repairs to the Mortgaged Property, all costs of suite and an attorney's commission for collection, including, but not limited to, any fees and costs incurred in a federal bankruptcy proceeding, together with .interest on any judgment', obtained by Mortgagee at the rate ten (10%) percent per annun or the highest aggregate rate of interest permitted by law, from and after the date of any Sheriff's Sale until actual payment is made' by the Sheriff of the full amount due Mortgagee; and/or

(b) enter into possession of the Mortgaged Property, with or without legal action, and by force, if 'necessary, collect all rents, issues and profits therefrom and, after deducting all costs of collection (including reasonable attorneys fees) and administration expanse, apply the net rents, issues and profita to the payment of taxes, wat;er and sewer rents, charges and claims, insurance premiums and all other carrying charges, and to the maintenance, repairer restoration'of the Mortgaged Property, or on account and in reduction of the principal and/or interest hereby secured, in sucii order and amounts as Mortgagee, in Mortgagee's sole discretion, may elect; and for said purpose Mortgagor hereby ' assigns to Mortgagee all rentals-due and to become due under any lease or leases of the Mortgaged Property whether now existing or hereafter created, as well as all rights and remedies provided in such lease or leases for the collection of said rents; and Mortgagor hereby author1sea and e«powers any attorney or attorneys' of any court of the Comaonweslth of Pennsylvania or elsewhere to appear for Mortgagor and aa attorney for Mortgagor to sign an agreaaant for entering an amioable action of ejectnent for poasesslon of the Mortgaged Property, and to oonfesa judgment therein against Mortgagor in favor of Mortgagee, whereupon a writ of posaesaion may inBediataly Issue for the possession of the Mortgaged Property, without' any prior writ or proceeding whatsoever; and for so doing thla' Mortgage or a copy hereof verified by affidavit ahall be a sufficient warrant. Mortgagee aav bring such aaioable aotion in ejectment before or after the

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institution of foreclosure prooeedinga upon this Mortgage, or after judgaent thereon or on the Obligations, or after a Sheriff's Sale of the Mortgaged Property.

8. REMEDIES CUMULATIVE! The remedies of Mortgagee as provided herein, or in the Obligations, and all warrants herein and in the Obligations contained, shall be cumulative and concurrent, and may be pursued singly, successively, or together against Mortgagor and/or the Mortgaged Property at the sole discretion of Hortgagee, and such warrants shall not be exhausted by any exercise thereof but may be exercised as often as occasion therefore shall occur; and the failure to exercise any such right or remedy shall in no event be construed as a waiver of release of the same.

9.' WAIVERS: Mortgagor- hereby waives and releases all errors, defects and imperfections in any proceedings instituted by Mortgagee under this Mortgage, as well as all benefit .that night accrue to Mortgagor by virtue of any present or future laws exempting the Mortgaged Property, or any part ot the proceeds arising from any sale thereof, from attachment, levy or sale under execution, or providing for any stay of execution, exemption from civil process, or extension of time for payment; Mortgagor irrevocably, aa an independent covenant, waives a jury trial and the right thereto in any aotion or proceeding between Mortgagor and Mortgagee whether hereunder or otherwise.

10. COSTS; If (a) Mortgagee becomes a party to'any suit or proceeding affecting the Mortgaged Property or title thereof, the lien created by this Mortgage or Mortgagee's interest therein, (b) Hortgagee has engaged counsel to prepare or review the Obligations, this Mortgage or any other documents securing the Obligations as a condition precedent to the granting of the loan evidenced by the Obligations and whoso fees and costs Mortgagor has agreed to pay as a condition of Mortgagee's commitment to make the loan, (c) Mortgagee incurs any expenses to collect any of the indebtedness or to enforce performance of the agreements, conditions, covenants, provisions or stipulations of this Mortgage' or the Obligations whether or not it engages counsel, Mortgagor, shall pay, on demand. Mortgagee's costs and expenses including, but not limited to, its reasonable counsel fees, whether or not suit is instituted, with interest at the then highest rate set forth; in the obligationis, and until paid they shall be deemed to be part of the indebtedness evidenced by the Obligations and secured by this Mortgage.

11. SEVERABILITY. MAXIMUM INTEREST:' If any provision of this Mortgage is held to be invalid or unenforceable by a court of competent jurisdiction, the other provisions of this Mortgage shall remain in full force and effect and shall be liberally construed in favor of Mortgagee in order to effect the provisions of this Mortgage. In addition, in no event shall the rate of interest under the Obligations exceed the maximum rate of interest permitted to be charged by the applicablie law (including the choice of law rules) and any interest paid in excess of the permitted rate shall be refunded to Mortgagor. Such refund shall bo made by application of the excessive amount of interest paid to any sums outstanding

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under the Obligations and ahall be. applied in such order as Mortgagee may determine. If the excessive amount of interest paid exceeds the aums outstanding under the Obligations, the portion exceeding the said sums outstanding under the Obligat:lona shall be refunded in cash by Mortgagee, Any such crediting or refund shall not cure or waive any default by Mortgagor hereunder or under the Obligations. Mortgagor agrees, however, that in determining whether or not any interest payable under the Obligations or this Mortgage exceeds the highest rate permitted by law, any non-principal payment (except payments specifically sta'ted in the Obligations to be "interest"), including- without limitation prepayment premiums and late charges, shall be deemed to the extent permitted by law, to be an expense, fee, premium or penalty rather than interest.

12. NOTICES! Any notice, demand or request under this Mortgage or the obligations shall be in writing, and ahall be delivered by personal service or shall be sent by.postage prepaid, first class mail addressed, if to Mortgagor or Mortgagee, at tho respective address set forth in the heading of this Mortgage, or at such address as the addressee may designate in writing. Each notice, demand or request hereunder shall be deemed given on the date it is delivered, in the case of personal service, or the date it is deposited with tha Postal Service, in the case of first class mail.

13. AMENDMENTS! This Mortgage cannot be changed or amended except by agreement in writing signed by the party against whom enforcement of the change is sought.

14. GOVERNING LAW! This Mortgage shall be governed by and construed according to the substantive laws of the Commonwealth of Pennsylvania.

15. BINDING EFFECT; The words "Mortgagor" and "Mortgagee" whenever occurring herein shall be deemed and construed to include the respective heirs, personal representatives, successors and assigns of Mortgagor and Mortgagee; and if there shall be more than one Mortgagor, the obligation of each shall be joint and several.

16. DECLARATION OF NO SET-OFF: -Within ton (10) days after requested, to do so by Mortgagee, Mortgagor shall certify to Mortgagee or to any proposed assignee of this Mortgage or participant in the Indebtedness, in a writing duly acknowledged, the amount of principal, interest and other charges then owing on the Indebtedness and Obligations secured by this Mortgage and whether there are set-offs or defenses against them.

17. REQUIRED NOTICES: Mortgagor shall notify Mortigagee promptly of the occurrence of any of the following:

(a) a fire or other casualty causing damage to the Mortgaged Property;

(b) receipt of notice of condemnation of the Mortgaged

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Property; .

(c) receipt of notice from any Governmental Authority relating to the structure, use or occupancy of the Mortgaged Property;

(d) receipt of any notice from any tenant or occupant of all or any portion of the Mortgaged Property;

(e) substantial change in the occupancy ,o£ tha Mortgaged Property;

(f) commencement of any litigation directly affecting the Mortgaged Property;

(g) the discovery, discharge or release of any Hazardous Material for which Mortgagor is or may be responsible under any Applicable Environmental Laws; or

(h) the existence of any event or condition which presents a risk of creating material liability in Mortgagor under ERISA (Public Law 93-406, as amended),

18. " CAPTIONS; The captions preceding the text of the paragraphs or subparagraphs of this Mortgage are inserted only for convenience of reference and shall not constitute a part of this Mortgage, nor shall they in any way affect its meaning, construction or effect.

19. MORTGAGOR ACXNOWLEDGMEHT; Mortgagor hereby acknowledges and represents that he has had the assistance of legal counsel in connection with his review of this Mortgage, and has read and fully understands all of the provisions, terms and conditions of this Mortgage and all of the rights and obligations of Mortgagor and Hortgagee hereunder.

20. RECEIPT OF COPY; Mortgagor acknowledges receipt of a conformed copy of the Note and this Mortgage.

IN WITNESS WHEREOF, Mortgagor has duly executed this Mortgage under seal the day and year first above mentioned.

Inertial Motors Corporation,

B y : " '•• • ' ' " \ { / ' • ' / A t t e s t P r e s i d e n t

Corpo'A-at6 SeaJj

. ••' 1 2

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CERTIFICATE OF ADDRESS OF MORTGAGEE

Logan Coal and Timber Association, Mortgagee within named,

hereby certifies that its principal place ot business is at 35

Darby Road, Paoli, Pennsylvania 19301.

Logan Coal and Timber Association

^

31(06Ui ' \ ^ i ^ ^

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' i . 1 . ( - I ' t - f^ C. J i i l l t \ t - - ^ ^ ' \ l.x. n A i ^ t By Rodman K. Thompson, J r

13

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COMMONWEALTH OF PENNSYLVANIA:

COUNTY OF / ' ' '' , i * . . -

On this, the .>''''" .day of /}y^(-i-^r^f^-^ , 1992,

before, me, undersigned notary public, personally appeared

/^oOt^'V /ri.^ /- /v^trr /;',".(',,•:'/;'//• 'hb acknowleldged.

themselves to the President and Secretary of Inertia! Motors ' . ~<;f-^

Corporation, a PonnBylvonia business corporation and the persons -I' v

who did execute the foregoing instrument for the purposes therein

contained. ' ' -

WITNESS my hand and official seal the day and year '

aforesaid. / ^ • _, ,

/ X eJL-O Notary P u b l i c .

My Commission E x p i r e s :

inertL«l .H63

«

• • : ;U5Ui P 3 j ( ^ 9 5 14

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ATTACHED TO AND FORMING PART OF REPORT OF TITLE

NO: DTA 33001/C-948-S75 ' . .

DESCRIPTION and RECITAL

Premiaea "A" ALL THAT CERTAIN tract of land with the buildlhga and' iroprovemanta thereon erected, situate in the Borough of Doyleatown, County of Bucka and Commonwaalth of Pennsylvania, as shown on Final Plan of Doylestown Rivet and Machine Co. Inc. Tract, mads by Weisel and Gilmore Associates,. Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974, and revised April 2, 1974 and recorded in tha'Office of Recorder of Deeds, Bucka County in Plan 122 page 41 and described as followe, to wit:

. BEGINNING at a spike in the center line of Broad Street (50 feet wide), said. spi)<e being a corner in remaining lands now or late of the Doylestown Rivet and Machine Co. Inc. and being North 49 degrees 00 minutes West, a distance.of 69.06 feet from the point of intersection formed by the canter line of Atkinson Drive (width not ahown on Plan) with the center,line of Broad Street; thence from said point of beginning,,South 40 degrees 12 minutse West,-along remaining landa now or late of the Doylestown Rivet and Machine Co. Inc.. 162.98 feet to a point, an iron pin, a corner in said remaining lands; thence still along said remaining lands now or lata of the Doyleatown Rivet and Machine Co. Inc., South 49 degrees .00 minutes East, a distance of 40.00 feet to a point, an.iron pin, a corner in line of lands.now or late of Anna Yarmark; thence along line of lands now or late of "Yarmark", South 40 degrees 12 minutes West, a distance of 51.00 feet to a point, an iron pin, a corner of Lot No.. 2 as ahown'on aaid Plan; thence along Lot No. 2, North 49 degrees 00 minutes West a distance of 194.58 feet to a point, an iron pin,, a corner in line of lands now or late of Chem-Fab Corp.; thence along line of lands now oi late of Chem-Fab Corp., North 41 degreea 00 minutes East, a distance of 213.9( fiset to a point, a apika in the center line of Broad Street) thence in and along the center line of Broad Street, South 49 degrees 00 minutes East, a distance of 151.65 feet to a spilce, a corner of remaining lands now or late o.' the Doyleatown Rivet and Machine Co. Inc., the point and place of beginning.

BEING all of Lot No. 3 as shown on said Plan.

CONTAINING .7986 acres of land, more or less.

COONTY PARCEL NUMBER 8-5-1

. PA 2

i ;ub ' i : r o i i j 9 b

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Q

ATTACHED TO AND FORMING PART OF REPORT OF TITLE .

NO: DTA 3300i/C-94B-675

DESCRIPTION AND RECITAL (continued)

Premises "B" ALL THAT CERTAIN lot or tract of land with the buildings and improvements thereon erected, situate in the Township of Doylestown, County of Bucks and Commonwealth of Pennsylvania, aa ahown on Final Plan of Doyleatown Rivet and Machine Co. Inc. Tract, made by Weisel and Gilmore Aasociates, Surveyors and Engineers, Doylestown, Pennsylvania, dated March 11, 1974, and revised April 2, 1974 and recorded in the Office of the Recorder of Deeds, Bucks County, in Plan Book 122 page 41 and described aa folIowa, to wit;

BEGINNING at a point, an iron pin, a corner of other lands now or late of the Doylestown Rivet aiid Machine Co. Inc., also'being in line of lands now or latf of Anna Yarmark and being South 40 degrees 12 minutes Weat, passing through pther lands now ot, late of Doylestown Rivet ahd Machine Co. Inc., a distance of 213.98 feet from a steel axle in the center line of Broad Street (50 feet wide); thence from said point of beginning, along line of landa now or late of 'Yarmark', South 40 degreea 12 minutes West, a distance'of 602.63 feet to a point, an iron pin, a corner in line of lands now or late of the Borough of Doylestown (Sewage and Disposal Plant Tract); thence along line of lands now or late of said "Plant", North 49 dagreea 12 minutes Weat, a distance of 216.67 feet to a point, an iron pin, a corner in remaining lands now or late of the Doylestown Rivet and Machine Co. Inc.; thence along line of remaining lands of the Doylestown Rivet and Machine Co. Inc., North 40 degrees 12 minutes East, a distance of 603.59 feet to a point, an iron pin, a corner in line of lands now or late of Chem-Pab Corp.; thence partly along line of land;-now or late of Chem-Pab Corp. and partly along line of lands of Lot No. 3 on aaid Plan, hereinabove described. South 49 degrees 00 minutes East, a distance of 216.68 feet to a point, an iron pin, the point and place of beginning.

BEING all of Lot No. 2 as shown on aaid Plan.

CONTAINING 3 acres of land, more or leas.

COUNTY PARCEL NUMBER 9-9-46

Premises "A" and "B"

BEING the same premisea which Doylestown Rivet and Machine Co. Inc., a PA Corp., by Deed dated 8/29/1974 and recordedvin Bucks County in Deed Book 2139 page 780 conveyed unto Bucks County Industrial Development Authority, in fee.

AND it is the intention of this conveyance to terminate the Installment Sales Agreement between Bucks County Industrial Development Authority and Inertial Motors Corp., a Memorandum thereof dated 8/29/1974 and recorded in Deed Book 2139 page 420, another Memorandum thereof dated 6/19/1980 and recorded in Deed Book 2387 page 1026 and an Inatallment Sales Agreement dated 6/19/1980 and recorded in Deed Book 250B page 1040.

PA 2

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''\ 0

o -o O o •o O' *.. <:'-•

O CO o o UI o c>

.CD CD -*-

CO

CO

• : i J6Mi r : | H 9 n

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153 mMm ^ ^ ^ ^

I J O CJ ^^

906

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TBRMINflTIOH AGREBMEKT

THIS AGREEMENT, made this 6th day of February, 1990, by

nnd between BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY

(hereinafter "Authority") and INERTIAL MOTORS CORP. (hereinafter

"Buyers"), and BUCKS COUNTY BANK AND TRUST COMPANY, a Pennsylvania

banking institution with its principal place of businesa at Seventh

and Chestnut Streets/ I'erkasie, .. Pennsylvania (hereinafter

"LENDER").

WHBt?EAS, the Authority entered into an Installment Sale

Agroemont dated on August 29, 1974, a Memorandum of which said

Inatallment Sale Agreement was recorded in the Office of the

Recorder of Deeds in and for Ducks County in Deed Bool« 2139 at

page 420; and

H11ERE^S, tha Authority entered into an Installment Sale

Agreement dated June 19, 1980, recorded in the Buc)t3 County

Recorder of Deeds Office in Deed Book 2508 at page 1040; and a

Memorandum of which said .Installment Sale Agreement was recorded

in t)ie Duc)ia County Recorder of Deeds Offico in Deed Book 2307

at page 1026,

WHEREAS, the Authority, Buyer and Lender entered into an

Assignment of Leases dated October 30, 1987 ("Assignment"), which

Assignment ia recorded In the Office of the Recorder of- Deeds

in and for Bucks Couny in Deed Book 279), at page 959) and

WHEREAS, the Authority, Buyer and Lender desire to cancel

and forever terminate the aforementioned Agreement and Assignment

and to discharge each other from their respective obligations

to perform.

NOW THI3REF0RE, with the forGgoing recitals being hereinafter

incorporated by reference und deemed an essential part hereof,

and Intending to bo legally bound horoby, and for good and

sufficient consideration, the receipt whereof is herein noted

and hereby acknowledged, thc parties mutually agree as followsi

1. The aforementioned Agreement and Assignment, together

with all amendments and riders, if any, are hereby cancelled as

of the signing of this Agreement.

BK0I53 f c l 9 0 6

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o

2. Each of t h e p a r t i e s hereby r e l ea se s and dischargee the o ther from t h e i r r e spec t ive ob l iga t ions and l i a b i l i t i e s ( f i nanc ia l or otherwise) under t h e i r Agreements, whether to be kept , observed or performed in tlie pas t , a t present or in the fu ture ,

3, This Agreenene shall eKtend to ond bind the parties hereto and their reapoctlve heirs, adminiatrators, oxacutora, successors and asalgnfl.

IN WITNESS WHEREOF, the parties hereto do execute this Agreevent the day and year first above written.

WITNESS! BUCKS COUNTY INDUSTRtAL DEVELOPMENT AtrrHORITY

(SEAL)

Atteat!

(SEAL)

INERTIAL MOTORS CORP/

/ ' - < •

^..(SEAL)

'• Ljt^efliaent

AttCBti l ^ ^ ^ J ) Cl / ^ ^ - * 3 _ _ , ~~' ~X ^ ~" Secretary

(SEAL)

(SEAL) '

BUCKS COUHTV BANK AHD TRUST COMPANY

By; C A ^ I ^ . A ^ Fi a o ^

A t tea t ! fuy j { - * :< i \ r ^ ^ w V / . f ' A i m H l A D" STEICII, ASSISTAIIT S E C K i m

6)^0153 ff^rgo?

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&

e

PREi'nSE.S "A"

ALL THAT CERTAIN t r a c t of land v;ith ths buildincis and improvements thereon e r e c t e d , s i t u a t e in the Borouch of Doylestown, County, of Bucks and Commonwealth of Pennsylvania , as shown on Final , Plan of Doylestown Rive t S f<achine Co. Inc . T r a c t , made by Weisel and Gilmore .^ssbc i f . t es , Surveyors and Eng inee r s , Doylestoivn, Pennsy l ­van ia , da ted March 11 , 1974, and r ev i s ed Apr i l 2 , 1974 and recorded in Off ice of Recorder of Deeds, BucJcs County in Plan Boole 122 page 41 and desc r ibed a s f o l l o w s , t o w i t :

EEGIH.NIIJG a t a spilce in the ce. i ter l i n e of isroad S t r e e t (50 f e e t v ide) , "B'otid 'BpiJie being "a 'eorner in remaining lands of the Doyles­town Rivet & Machine Co. I n c . and being North f o r t y - n i n e d e g r e e s , no minutes West, a d i s t a n c e of s i x t y - n i n e and 3i.<< one-hundredths f e e t from the p o i n t of i n t e r s e c t i o n formed by. •t;he c e n t e r l i n e of AL!<i'i .3Dii Dri'Vt! (width l io t Tshbiin on Plan) with the c e n t e r l i n e of Bread S t r e e t ; thence from sa id po in t of beoinning , South f o r t y degrees tv/elve minutes West, alono remaining lands of tho Doylestown Rivet t Machine Co. I n c . , one hundred si:<ty-twp and n i n e t y - e i g h t one-hundredths f e e t t o a p o i n t , an i ron "pin, a corner in s a id rcTiaining l a n d s ; thence s t i l l a long s a id remaining lands of the Doylestown Rivet & Machine Co. I n c . , South f o r t y - n i n e d e g r e e s , no minutes Eas t , , a d i s t a n c e of f o r t y and no one-hundredths f e e t to a p o i n t , an i r o n p i n , a corner in l i n e of l ands now or l a t e of Anna Yarmar)c; thence along l i n e of l ands now or l a t e of "Yarmar)?" , South f o r t y d e g r e e s , twelve minutes West, a . d i s t a n c e of. f i f t y - o n e and no one-hundrsd ths f e e t - t o a p o i n t , an i ron p i n , a co rne r of ' Lot No. 2 as sho-.jn on - sa id Plan; thence along Lot-No. 2 , North f o r t y - n i n e d e g r e e s , no minutes West, a d i s t a n c e of one hundred n i n e t y - f o u r and f i f t y - e i g h t one-hundredths f e e t t o a p o i n t , an i r o n p i n , a co rne r i n l i n e of' l ands now or l a t e of Chem-Fab Corp.) thenca along l i n e of lands now or l a t e of Chem-Fab Corp . , North fo r ty -one d e g r e e s , no minutes E a s t , a d i s t a n c e of two hundred t h i r t e e n and n i n e t y - s i x one-hundredths f e e t t o a p o i n t , a spil«Q in the ce. i ter l i n e of Broad .S t ree t ; thence in and along tlie c e n t e r l i n e o i .Broad S t r e e t , South f o r t y - n i n e d e g r e e s , no minutes E a s t , a dis tar .ce of one hundred f i f ty~one and s i x t y - f i v e one-hundred ths f e e t t o a sp i l t e , a corner of r e n a i n i n g lands of the Doylestown Rivet 6 {•'achine Co. I n c . , the p o i n t and p lace of beg inn ing .

BEI>.:G a l l of Lot Mo. 3 as shown on s a id Plan .

COMTfMi-ililG s e v e n t y - n i n e hundred e i g h t y - s i x t en - thousand ths Acres of Lar.d, more or l e s s .

COUHTY PARCEL 8 - 5 - 1

BK0I53 p-'l9n8

E X H I B I T A

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PREMISES "B" • •

ALL THAT CEIXTAIH l o t or t r a c t of land wi th the b u i l d i n g s and improve­monts thereon e r e c t e d , s i t u a t e i n the Township of Doylestown, County of Bucks and.Commonwealth of Pennsy lvan ia , as shovm on F i n a l Plan of Doylastown P.ivet & Machine Co. Inc . T r a c t , made by V?eisel e.nd Gilmore A s s o c i a t e s , Surveyors and Ehciineers, Doylestov/n, Pennsy lvania ,^ di\tecl t^arch 1 1 , 1974, and r e v i s e d Apr i l 2 , 1974 and recorded in Office of Recorder of Deeds, Bucks County in Plan Book 122 page 41 and de s c r i bed as f o l l o w s , t o w i t :

JiEGItiXItiO nt a p o i n t , an i r o n p i n , a corner of o t h e r lands now or If.tP. of the Doylostown Rive t k Machine Co. I n c , about t o bo conveyed to I n e r t i a l Motors C6rpor.3t ion, a lso be ina in l i n e of l ands now or l a t e of Anna Varrark and being . ' ' .outh'forty d e g r e e s , tv/elvo .minutes West, pass ing throucjli o t h e r l ands of Doylestown Rive t (• VnchinB Co,

I n c , , a d i s t a n c o of two hundred thirte«}h and n i n e t y - e i g h t one-hi.indredths f e e t fropi a s t e e l a.xle in t h e c e n t e r line< of Eroad S t r e e t {50 f e e t wide),; t hence from sa id point of b e g i n n i n g , along l i n e of lands nov; or l a t e of "Earmark", South f o r t y d e g r e e s , tv^elve minutes Hest , a d i s t a n c e of s ix )iunrtred two and e i g h t y - t h r e e one-hundredths f e e t t o a p o i n t , an i r o n p i n , a co rne r in l i n e of lands now or l a t e of the Borough of Doylestov/n (Sewage and Disposal P l a n t T r a c t ) ; thence alono l i n e of lands now or l a t e

'of sa id " P l a n t " , North f o r t y - n i n e d e g r e e s , twelve minutes West, a d i s t a n c e of two hundred s i x t e e n and s i x t y - s e v e n one-hundredtho f e e t t o a p o i n t , an i r o n p i n , a corner in remaining lands now o r l a t e of the Doylestown P.ivet S Machine Co. I n c . ; thence a long l i n e of remaining l ands of the Doyle.stown Rive t & ^'achine Co. I n c . , t-iorfch f o r t y d e g r e e s , tv/elve minutes E a s t , a d i s t a n c e of s i x hundred t h r e e and f i f t y - n i n e one-hundredths f e e t t o a p o i n t , an i ron p i n , a c o r n e r i n l i n e of lands now or l a t e of Chem-Fab C o r p . ; thence p a r t l y a long l i n e of l ands now or l a t e of Chem-Fab C o r p . , and p a r t l y a long l i n e of l ands of Lot Mo. 3 on s a i d P l an , hereinabove d e s c r i b e d , South f o r t y - n i n e d e g r e e s , no minutes E a s t , a d i s t a n c e of tv/o hundred s i x t e e n and s i x t y - e i g h t one-hundredths f e e t t o a p o i n t , an i r o n p i n , t h e p o i n t and p l ace of b e g i n n i n g .

BEING a l l of Lot Ho. 2 a s shown on s a i d P lan ;

COMTAIMItiG t h r e e Acres of Land, more or l e s s .

COUfiTY PARCEL NUi'BER 9-9-46

BEIilG the same p remises which Doylestov/n Kivet k Machine Co. , Inc , , a Pennsylvania c o r p o r a t i o n , by inden tu re bear ing even da t e he rewi th and about t o be r e c o r d e d in the Office for the Recording of Deeds in and for the County of Bucks a t Doylestowni Pennsy lvan ia , g r an t ed and conveyed unto Bucks County I n d u s t r i a l Developnent A u t h o r i t y , in fee .

B K 0 I 5 3 PGl 9 0 9

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21SI5-04-89

COMMONWEALTH OF PENNSYLVANIA

COUNTY OF BUCKS

- W day o f V ••-t'.-'/rf....<.r •h-

0

On thla /,'-'- day of v ••-o,-,,^..,.^., . ^ \<i%9, before Ka, a Notary

Public , peraonnlly appeared T . P,IA,KU^/1I<? o s c; ;/<7),ii,-,3i-tJ C ^ who

acknowledged hinaelf to be tho 7 -i. ...-''• • '<' of INERTIAL MOTORS CORP.,

and tliat he, aa auch off icer , being authorlEed to do so, executed the foregoing

instrument for the purposes therein contained by signing the name of said

INERTIAL MOTORS CORP. by himself as auch officer.

TN WITNESS WIIEREOK, 1 hove hereunto set my hand nnd of f ic ia l aeal .

(SEAL) Notary Public

MTAWAt, 8UL UAflOe CONOHUe, Notny PuMIe

SMMftBhKn Tewnihlf), luokt a«vMy M)f temmKiiM n p t n t April M, i w q

B K 0 I 5 3 PGl 9 1 0

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7.t 15-04-89

9c, 19^, before me,

COMMONWEALTH OF PENNSYLVANIA

COttNTY OF BUCKS

On this / • ^ ^ ^

Public, persona

acknowledged hl»Be

TRUST COMPANY, and that he, aa such officer, being suthorlred to do ao,

oxctutad the foregoing Inatrument for the purpoaae therein contained by signing

the name of oflld BUCKS COUNTY BANK AND TRUST COMPANY by hl»aelf as nuch

officer,

IN WITNESS WHEREOF, I have hereunto set my hand and official sea].

Notary

who

BUCKS COUNTY BANK AND

JplriUtt Hov J)» jo;i AiKOJiWi«l*t«*

BK0I53 .POI9

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2 'Bl5-04-B9

COMMONWEALTH OF PENNSYLVANIA

COUNTY OF BUCKS

On t h i n / " d n y

Public, peraonally

• ' d n v of ''>^ ^ •• i' ''> , 198^" before • e , a Notary,

appeared ^/ i-\.\.>f TT-Ci.'-/.u-t^ vho /

ncknowlednod hlaaclf to be tho C'A-< (. i i'f .t , ^ _ of BtJCKS COUNTY INDUSTRIAL

DEV8L0PMENT AUTHORITY, and that lie, aa auch officer, being authorized to do ao,

executed the foregoing Instruitant for the purposes therein contained by algntng

the naae of «ald BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY by hinsclf as

auch officer .

IN WITNESS WHERF.OF, I have hereunto set «y hand and off ic ia l acol. '

" Notary PubUc— * - - - 1

B K 0 I 5 3 P 6 I 9 I 2

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'(t!sr)Oi;i:.Mr:);rf?-C'';.^i-:".

% /

HAR 1 2 9 0 .

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ygy

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810 1 5 3 PC/91 3

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Page 187: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Parcel Number

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Page 188: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Deed Book

Page

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Page 189: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

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SATISFACTION PIECE

Made this Srd day of October, 1997 Name of Mortgagor Chem-Fab Corp

Name of Mortgagee: Doylestown Federal Saving.i and Loan Association

Name of Last Assignee: NOW BY MERGER: Third Fedoml .Savings Bank

Date of Mortgage: March 28, 1978

Original Mongage Debt: $82,500.00

Mortgage recorded in the Office of Recorder of Deeds of Bucks County, Pcnna. Mortgage Book No. 2146, Page 659.

Brief description or Statement of Location cn Mortgaged Pnjmises: 300 North Broad St, Doylestown Boro, Buclcs County. Pennsylvania.

PARCEL #8-5-1-1.

The undersigned hereby certifies that the debt secured by the above mentioned Mortgage has been fully paid or otlierwise discharged and that upon thc recording hereof said Mortgage shall be and is hereby fully and forever satisHed and discharged.

Witness the due execution hereof.

Adcsied or witnessed by:

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DOYLESTOWN FEDERAL SAVINGS ANDLOAIS)-ASSOaATION, now by merger, THIRD.JPEDBRAI. SAVINGS BANK / "> '",->, . ..

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JoihwELJSlranford/ President^ Bliaftbcih Davidson-Maier/Scnior Vice President • and Co»i)oralc Sccretarj'.

COMMONWEALTH OF PENNSYLVANIA: COUNTY OF BUCKS; SS

On this, the 3rd day of Oclobcr, 1997. before nic a Notary Pulilic, in and for (he Coniinoitweallh of Pennsylvania, personally appeared John R Siraiiford who acknowledged himself to be the President of Doylestown Federal S,ivirigs and Loan Association, now by merger, Third Federal .Savings Bank, a cor|)unilion, and (hat he as Piusidcnt being iiiithorizcd lo du so. executed (he foregoing instrnment for the puiposc therein coiiiaihcd by signing the namcof tlic corporation by himself as President.

IN WITNESS WHEREOF. 1 In-icHnlo set my liaiul and iifrit-ial seal.

NOTARIAL SKAL SUSAN UEYOUNO, Noloiy PuWIc NBwtcwn Borough, Buckt Counlv

MyCommiMlon ExpUti Nov. JO. aooo j I No(ary/;Pobllc

RECORD AND RETURN TO: Lending Dcpartmcnl Third Federal Savings BanV 3 Pcnns Trail Ncw(own. PA 18940-3433

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^ MM Print Job: EJ0NES2 - 08/02/2007 9:58:32 AM BUCKS COUNTY lnst.# 1997079145-Page 1

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Page 190: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

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Page 191: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

Tax Maps

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Page 192: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

BUCKS COUNTY TAX MAP

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Page 194: TITLE SEARCH REPORT (BUCKS COUNTY REAL ESTATE INDEX … · Title Search Report Chem-Faby Inc. Doylestown, PA Prepared for: U.S. Environmental Protection Agency Region 3 Enforcement

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