HomeMy WebLinkAbout0125 I. we or either of us. whether principal. security, guataato~. endorse'r, or other party hereto, agree to ~
be jointly and severally bound. I or we. each further waive demand. protest and notice of demands. protest, and
nonpaymen~ ~ "
FEDERAL TRUTH 1N LENDING DISCLOSURES
~ ~ Cash Price s6000. 00
!>>~v
~~tad Cash Down $ 600.00
payment
F D G
~ ~ Unpaid Balance%~m
nnt ~rihnced e . a ~
Q O? ,
~ -
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~ ~~~-~4Q,;~ FINANCE CHARGE (consisting solely of a 620.00
K~V 4 W time price differential) . . . . . . .
~ W~_O~.p~k+
~ ~:~w~ Deferred Payment Price a7620.00
~ 3
~j Total of Payments ~J020.00
ANNUAL PERCENTAGE RATE 10•85 - qo
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, pmtest and
nonpayment.
MORTGAGOR FURTHER AGREES:
1. To make all payments required by that note and this mottgage promptly w•hen due.
2. To pay all taxes, assessments. liens and encumbrances on that property promptly a~hen dne. If
they are not promptly paid, the Mortgagee may pay them without waiving the option to foreclose, and such
psyments. with interest thereon from the date of payment at the same rate as specihed in that note, shall
also be secured by this mortgage.
3. To commit. permit. or suffer no waste, impairment or deterioration of the mortgaged propert~ .
4. To pay all expenses reasonably incuned 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 sarne rate as specified in that note, shall also ;
be secured by this mortgage.
5. If any payment pmvided for in that note is not paid within 30 days after it becomes due. or if anp
agreement in this mortgage other than the agreement to make the pay-ments is breached, the entire unpaid
principal balance of tha± note shall immediately become dae at the option of the Mortgagee, and the MorL- ~
gagee may foreclo~e 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 property are also hereby mortgaged, and if proceeding~
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 hereb3• secured. regardles..a of
the soivency of the Mortgagor or the adequacy of the security.
. IN WITNESS V4'HEREOF. the Mortgagor has executed this mortgage under seal on the date and
year first above written.
Signed, sealed and delivered -
in the presence of : ,
~~i L~~SS~.P~-,~C1~S~ L- L t> ~1~ SEAL)
~ ,l 1_A~~,rY~ / I l . ~ , ~ , EAL)
As Witnesses to the Mortgagors. .
STATE OF ~ r~ ~
COUNTY OF
~ ~ ~ ~ to me
Before me, -
well knoan and icnoRn to me to t~e the individual d ribed in and who execute~l the foregoing instrttD~en.t an~d
acknowledged before me thac_E1~s,[executed the same for the purposes therein express~. `,1
, ~
Witness my hand and seal this day of . 19_ ~
4 - _
No in and for the County and 3 are~.:
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~ 600K ~Q~ PACE ~,2~ ~ .
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