HomeMy WebLinkAbout1824 1, we or either of us. whether principal, security. guarantor. endorser, or other party hereto, agree to
be jointly and severally bound. I or we, each further waive demand. pmtest and rwtice of demands. protest, and
n~npayment. FEDERAL TRUTH IN LENDING DISCLOSUBES
a. Cash Price $ 6000.00
' ~i ~b.~t Cash Downpayment $ 2000.00 _ ~ „
/ o~ cash Dric~e ~ m o~ ~
_~~~~;1 c. Unpaid Balancei mouht Fihanc (a-b) $~0• o~o
d. FIi~ANCE CHARGE (consisting solely of a ~~a~o
OO N ~ ~
time price dift'erential) $ 1200. o ~
n',co~~ i
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e. Deferred Payment Price ~a+d) $ 7200.00 = c~ o
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f. Total of Payments (c-~d) $ 5200.00 t°
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ANNUAL PERCENTAGE RATE 10 • 85 ~ ~
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I, w•e, or each of us. v?hether principal~ security, guarantor, endorser or other party hereto, agree to
~ be jointly and se~~erally bound. I or we, each further waive demand. protest and notice of demand, protest and
W - nonpayment. powm~nhry r - :
~ MORTGAGOR FURTHER AGREES: ~i"'d 0°a'"'~
i ~ ~ ~ancdled
Q 1. To make all payment~ required by that note an~is mortgage promptly when due.
; : r° 2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. If
they are not promptly paid, the Mortgagee may pay them aithout w~aiving the option to foreclose, and surh
J 1 Payment~, with interest thereon from the date of payment at the same rate as specified in that note, shall
~ ~ also be secured b}• this mortgage.
~ 3. To commit. p~rmit. or suffer no waste, impairment or deterioration of the mortgaged property.
, 0 4. To pay ail erpenses reasonably incuned by the Mortgagee because of failure of the :~iortgagor
to comply Kith the agreements in that note or this mortgage, including reasonable attorneys' fees. The cost
thereof, with interest thereon from the day of payment at the same rate as specified in that note, shali also
t,e secured by this mortgage.
5. If any psyment provided for in that note is not paid within 30 days after it becomes due, or if any
~ agreement in this mortgage other than the agreement to make the payments is breached, the entire unpaid
~ principal balance of tha± note shall immediately become due at the option of the Mortgagee, and the :ltort-
~ gagee may forectose this mortgage in the manner provided by law. and have the mortgaged property sold to
satisfy or apply on the indebtedness hereby secured.
6. The rents and profits of the mortgaged pmperty are also hereby mortgaged, and if pr~eedinks
to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a recei~er of
, the mortgaged property and apply those rents and profits to the indebtedness hereb~• :cecured, regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
j~ IN ~i'ITtiESS R'HEREOF. the Mortgagor has executed this mortgage under seal on the date and
~ year first above written.
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Signed, s ei3 and delivered ~
a in the pr ence of :
/ ~
~ ~ l~' -C~" ~ ------(SEAL1
3 ~ /
~l - - w~ ~ ~~r- ~
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As Witneases to the Mortgagors. ~
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STATE OF _ ~ ~ . l
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:Y~ COUtiTY OF X~~ .
~ Kefore me, ~ ~ ~ ~ ~ ~ ` . .,.e
w•ell kne?v?n and know•n to me to be the individual descrit,ed in and w`,~eqp~~j~~t~ye foregoing instrument ~u-~;
;~;a acknuw-ledged before me that ~~s~executed the same for the- ~~~~e~.§'
"ther~i~ R~cpressecl•
3 0 ~ :
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Witness my hand and seal this_~~ day of ~~'C-~ ~`t'--~~'~ ::r~9=-~
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~ _ • • , , ~,-::;No in and for thq?• ,u~t~? an tate aforesaid.
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My commisyion expires r~~~ ~
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