HomeMy WebLinkAbout1146 I. we or either of us, whether principal, security, guarantor. endorser. or other pacty hereto, agree to
be jointly and severalty bound. 1 or we. each further waive demand, protest and notice of demanda. proteat, and
nonpayment. FEDERAL TRUTH IN LENDING DISCLOSURES '
a. Cash Price $ 6 500. 00 _
~ b. ~t Cash Downpayment • ~ ~i o
of cash price/ 32~ ~ w ~~~~o ;
.o ~ c. UnF,aid Balance/Amouht Financed (a-b) $ • t~~`-' j
v ' ~ :c' ~ z~ AQ i
d. FINANCE CHARGE (consistinq solely of a '
ts+ ~ z
a- ~ o time price differential) $ 959• 4 _ a~ s~~ ~
~ ~ 7459 8o p• ~N-~~ ~
~ T ° e. Deferred Payment Price (a-~d) $ • _ `
v
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$ f. Total of Payments (c~-d) $ ~-~~•80 - ~
~ ANNUAL PERCENTAGE RATE 10 • 8 5 q~.
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 AGREES: ~
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1. To make all payments required by that note and this mortgage promptly Khen due. ~ r
2. To pay all taxes, assessments, liens and encumhrances on that propert~• 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. sht~il
~ also be secured by this mortgage.
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j 3. To commit. permit. or suffer no Kaste, impairment or deterioration of the mortgaged property.
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~ 4. To pay all expenses ressonably incurred by the Mortgagee because of failure of the Mortgagor
~ 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
be secured by this mortgage.
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~ b. 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-
'm gagee may foreclose this mortgage in the manner pmvided by Iaw, 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 proceedings
F to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of
~ the mortgaged property and apply those rents and profits to the indebtedness hereby secured, regardless of
a the solvency of the Mortgagor or the adequacy of the security.
~ IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
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T year first above written. This instrument prepared by Lynn Rawley~ Outdoor Resorts
~ signed, sealed and deliver of America ~ Inc .
~ in the p of • ~
~ ~ I
< < ~ [ (SEAL)
_ t '
= C Q~ ~ _ ~ -~i.~/'et.~u,~ ~~c/ _(SFAL)
As Witnesses to the Mortgagors. U
RECfJYED iN PAYMEHT Of TAXES
= STATE OF , D:fE ON CIASS 'C I?ITAHGIBLE PERSONAL PROPE~TY,
_ ~ • PI:~Slfl4YT TO CHAPTER 71-134, ACTS OF 1911. rn~~
COUNTY OF ~ I RAGER POiTRASr CJerk Ciradt Cour~, SL Lurye Co. ila.
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Before me, ~ ~r~-1 L~. ' C~ _ - ~Z . to me
- well known and known to me to be the indi ~ ual described in nd who executed the foregoing instrument and
acknowledged before me tha~executed the same for the purpose.4 thereip :~_e~res.sed.
Witness my hand and seal this~day of ~2~. 19...Z~i
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Nota ~n and for the Cmt~ty a ate aforesaid. ;
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My commisaion expires - . ~ ~ ' _ . -
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