HomeMy WebLinkAbout0085 ~
I. we or either of us. whether principal. security, guarantor~ endotger; or other pa~ty hereto. agree to
be jointly and severally bound. I or we, each further waive demand~ pratest and notice of demands, protest, and
nonpaymen~
FEDERAL TRUTH IN LENDING DISCLOSURES
~ ~ ~ ~ Cash Price =6000.00
a: ~ 7~o1Es1l Cash Downpayment a 600. C10
~ ~ ~ ~v ~ of cash pr3ce
~a...~~. ~
M :~.M Unpaid BalancelAmount financed ~ 5~00. 00
: C~ ~
•~a ~..wc,-
' w~'~„~a FINANCE CHARGE (consisting solely of a
j~ ~o time price differential) . . s1620.00
~w? s,E ~
~ I?eferred Payment Price $~62a • 00
~
Total of Payments . . _ ~7020. 00
ANNUAL PERCENTAGE BATE . 10. 8 5~ ~
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:
1. To make ail payments required by that note and this mortgage promptly when due.
2. To pay all taxes. assessments, liens and encumbrances on that propert~ promptly when due. If
they are not promptly paid, the Mortgagee may paq 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.
8. To commit~permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably incun~ed by the Mortgagee because of failure of the Mortgagor
to comply with the agreements in that note or this mortgage, including ressonable attorneys' fees. The coat
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.
5. If any payment provided for in that note is not paid within 30 days after it becomes due, or if any
sgreement in this mortgage other than the agreement to make the payments is breached, the entire unpaid
principal balance of that 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 mortgage~d properLy sold to
satisfy or apply on the indebtedness hereb~ secured.
6. The rents and profits of the mortgaged property are also hereb~ mortgaged, and if proceedings
to foreclose this mortgage shall be instituted, the rnurt having jurisdiction thereof may appoint a receiver of
the mortgaged property and apply those rents and profits to the indebtedness hereb~ secured. regardless of
the solvency of the MortgRgor or the adequacy of the security.
IN WITNESS 1A;~i~RE~, ~he Mortgagor has ex~cu$ed tj?is mo~gagg under se~l on th~eSOrtS
year firat above written. ltZ s ns rumenL preparea pq Lynn itaWley~ Ouzdoo~
signea, sealed and delivered°f America, Inc.
in prese ce of: % '
/f Yj / ~ ~
7
- (SEAL)
~ ' (SEAL)
Aa Witnesses to the Mortgagors.
STATE OF ~ ~
COUNTY OF ~
Before me, ~!~,~~d~ f o~ J , to me
well known and known to me to t~e the individual described in and who executed the foregr~ii~g instrument and
acknowledged before me that_~
t~xecuted the same for the purposes thereik~ elcpres$ed.
.
~~itness my hand and seal this~day of ~ f ~ ~ ? ~ ~ ,19_7~~ ~
~s~
..y~r .
No i and for the Ceuunty and S oresaid.
G~'~R'f' _ _ . ~ - ~ -•;ARGB " ' - f;•~:.
i2. 19/5 - •
My commiasion expires . , ~ . _ ,,:,C ~a. , . ~ ~ '
~~03 ~ 85 . .
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