HomeMy WebLinkAbout1103 I. we or either of us. whether principal, security, guarantor. endoraer. or other party hereto, agree to
be jointly and severally bound. 1 or we, each further waive demand, pmtest and notice of demands. protest. and
nonpayment. FEDERAL TRUTH IN LENDING DISCL03URES
a. Cash Price $ 5500.00
b. ~t~t~iKCash Downpayment $ 1500.00 _
of cash rice ~
c. Unpaid Balance/Amouht ~nanced (a-b) $ ~+000.00 ~ ~t ~w
lV i~w.? ~'~'~p~~^~ •
d. FINANCE CHARGE (consisting solely of a 60 ~ ~ ~
1199. r~
time price differential) $ _ ~p . .
„
6699.60 ~ c ~c ~CC ' ~
e. Deferred Payment Price (a+d) S CJ °c ~
5199.60 W ~ N
f. Total of Payments (c-~d) $ ~ ~ io~
ANNUAL PEKCENTAGE RATE lQ, N r
_ 85 ~c ~ I
I, we. or each 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, protest and notice of demand, protest and
nonpayment.
MORTGAGOR FURTHER AGAEES:
1. To make all payments required by that note and this mortgage promptly when due.
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 without waiving the option to foreclose, and such
; payments, with interest thereon from the date of payment at the same rate as specified in that note, shall
also be secured by this mortgage.
~ 3. To commit. permit, or suffer no waste. impairment or deterioration of the mortgaged property.
i 4. To pay all expenses rea.sonably incunvd by the Mortgagee because of failure of the :4iortgagor
to comply with 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, shall also
e be secured by this mortgage.
' 5. If any payment 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 Mort-
~ gagee may foreclose this mortgage in the manner provided by law, and have the mortgaged pmperty sold to
- satisfy or apply on the indebtedness hereby secured.
~ 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if procaedings
~ to foreclose this mortgage shal! be instituted. the oourt having jurisdiction thereof may appoint a recei~~er of
~ the mortgaged property and apply those rents and profits to the indebtedness hereb~• secured, regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
~ IN WITNESS WHEftEOF~ the Mortgagor has executed this mortgage under seal on the date and
~ year first above written.
~ . -
% Signed, sealed and delivered '
in e ence of • ~ ~
~ ~ •L~ ~ ~~`~'L (SEAL)
~ , .~GtC~~ D~. ~ f'~t,.t t (SN`ALl ~
.
~ As Wi esses he Mortgagors. O IN PAYMEM OP TAX~S
~J~,~ . RECErvm S~-
STATE OF ~-C.-~ L<.C~~2~ , DIiE ON C1ASS'C IN~A'!~'[i~E P:.~~t?~l PROPERNa ,
- ` / ~r~ • pURSUAt{T TO Ci~4PTER 71-134, AC(S OF 1971. /lIlCJ
~ COUNTY OF RA%~~ ~~?~!!'-~-r ~p6ER POIiRAS~ Guk Gircuit Coiu~, 9. I.~oie Co. ili.~
a~ -
~ Before me, J ~ ~J ~ ' 1 , to ~;~e
= well known and known to me to be the individual described in an who executed the foregoing instrument and
acknowledged before me thatt~.Z..~-executed the same for the purposes ,tl~ere~n e~cpre~sed. '
yi t/ ~ j
4; Witness my hand and sesl this day of 19~
~00 ~i1fl3
; ~ oresaid.
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