Current through Register Vol. 54, No. 25, June 22, 2024
Section 113.105 - Mortgage(a) The mortgage shall be recorded by the volunteer company, at its own expense, in the office of the recorder of deeds in the county in which the land is located.(b) Whenever a volunteer company has obtained a previous mortgage for land acquisition or construction or modernization of a facility, the OSFC is authorized to provide an additional mortgage for land acquisition or construction or modernization of a facility. The OSFC will insure that loan safeguards are initiated to protect the Commonwealth's investment.The provisions of this § 113.105 adopted December 23, 1982, effective 12/25/1982, 12 Pa.B. 4333; amended December 18, 1992, effective 12/19/1992, 22 Pa.B. 6019.