HomeMy WebLinkAbout0120 I~ 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. proteat and notice oi demanda. proteat, snd
nonpayment. FEDERAL TKUTH IN I.ENDING DISCL03URES
a. Cash Price $ 6000.00
b. '~b~I Cash Downpayment $ 2000. 00
of cash ~rice
c. Unpaid Balance/Amouht F'~nanced (a--b) $ ~+000.00 ~ ;~Ao
d. FINANCE CHABGE (consisting soiely of a x~~~i
~~a
~D " _
time price differential) g 1199 • 60 _ ~ C~~ N
~ •w V -1't W
~ n~y~ ~
e. Deferred Payment Price ~a~.d) $ 2199.60 ~ ~H ~
i t~
f. Total of Payments (c~-d) ~ 5199•60 • ~
ANNUAL PERCENTAGE RATE 1 5 ~fe
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 FURTHEB ~IGREES:
1. To make sll paymenta 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 p~a,y them without waivsng---Lhe option to foreclose, and such
psyments. 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.
4. To pay all expenses rea,gonably 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 aiso
be secured by this mortgage.
b. If any payment provided for in that note is not paid within 30 days after }t be~ames due. or if any
agreement in this mortgage other than the agreement to make the payments is breached~ the entire unpaid
; ptincipal balance of that note shall immediately become due at the option of the Mortgagee, and the Ddort-
gagee may foreclose this mortgage in the manner pmvided by law, and have the mortgaged property sold to
` satisfy or apply on the indebtedness hereby secured.
i
: 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
; 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 hereb3 secured. regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
!
; IN WITNESS WHEREOF. the Martgagor hss executed thia mortgsge under seal on the date and
~ year first above written.
` Signed, sealed and delivered _
~ in e presence of:
~
`'s, ~ !1 1. ' (SEAL)
; , . t
~
f . ,z 1=f`~r ~ ~ _ f~r.~. ~ r- (SEAL) ,
; Witn~sses Eo ~he Mortgagora.
STATE O
COUNTY OF .
Before me. ~ ~ ~e
~ well known and known Lo me to the individua! described in and who executed the foregoing inatnu~mt and
t
; acknowledged before me tha~.(~~~L~d~xecuted the same for the purposes therein ex~r~sbed.
U ~
Witness my hand and seal thi3 ~
7
day of ,19
} , ~
F•~:R;c'''• o n and for the County and Sta '
~ ' ~~r ~t~aai~d.~
` f,~ . f~~:.,~ ju~r _ ; . -R..;' r
s M _ ~ ,.;s !n,.c~r..~ C0. _ .
= Y oam~?i~sipn expires : ` - . .
; .
~ ~oou i~~ r~ ~
I
: . ~ - - -
~ k . :
1~' x~~ ` •a r
~ a
a"'r u
s _
• ~~f~~~'~.-~~~~-'~_; .:r _ ~ .