Mortgage holders, beware the pipeline!

Diane Wexler of Northjersey Pipeline Walkers has this important bit of information to share with your neighbors who may be considering an easement offer from Pilgrim:

Everyone should know that if you have a mortgage with Santander Bank and have no easements on your property and subsequently sign an easement agreement for a pipeline, fracking or other such infrastructure, Santander will recall the loan (in other words you have to pay back the loan in full immediately). This is the lender that “drew the line in the sand” years ago. Other lenders will follow suit. …. People should know they can end up losing their homes if they sign such an agreement.

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