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HomeMy WebLinkAbout0654 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. protest and notice of demands. pmteat, and nonpayment. FEDERAL TRUTH IN LENDING DISCLOSUBES s. Cash Price ; 8000 . 00 ~ ~ ; ~ ~ ~ o b. Total Cash Downpayment $ $pp..~ ~ ~ ~ ~t c. Unpaid Balance/Amoul~t Financed (a-b) $ 7200.00 ~ ~ ~ ~ ry~~r~ i g~~ ~ d. FINANCE CHARGE (consisting solely of a W~ y 8~~ time price differential) $ 2159. 40 _ Qp p~ ~ i^a~ ~v-` 4/~ ~ ~ ' ~ _ ~ V1 O Z!f ~ ~ ~ ~ ~ e. Deferred Payment Price (a..~d) $ 10 ,159 . 40 ~ cN ~ W y ~ ~ ~ ~ k~ f. Total of Payments (c+d) $ 9359. 40 _ ~'1 ANNUAL PERCENTAGE RATE 1 85 N 1 I. we, or each of us. whether principal. security, guarantor, endorser or other party hereto. a _ ~ 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 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. E 3. To commit, permit~ or suffer no waste, impa:rment or deterioration of the mortgaged property. f 4. To pay all expenses reasonably 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. 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 Diort- gagee may foreclose this mortgage in the manner provided by law. and have the mortgaged pmperty tiold to satisfy or apply on the indebtedness hereby secured. 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if ~~oc~euings to foreclose this mortgage shall be instituted. the court having jurisdiction thereof may appo~nt s recE.•-ut: c}f the mortgaged property and apply those rents and profits to the indebtedness hereb~• secured, regAtdi~s~: the solvency of the Mortgagor or the adequacy of the security. IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under sea~ aA=the=il~te-~nd'~ ~ year first above written. ~ ~ Signed, sealed and delivered ^ _ ~ ~ L~ / ~ / ~ J ~ in the presence of : ~ ~ ~ , ~r. ! ~ l 's 1_ • . L I;' J /~~.~~'G~~ i ~ (?SEAJ ) ~ . ~T ~ Sh:._I. = ~ • ! 11 ! . . t k Q~~ ~ ' /t"'~"~'~ ( , ; ~ As Witnesses to the Mortgagors. ~ ; ~ . - . ~ STATE OF ~ COUNTY OF ~ ~ to rr e Before me, ~ well known and known to me to be the individual described in and who executed the foregoing instrument aiid ~ acknowledged before me that_~--executed the same the purposes therein expressed. ~ ~ , ~ Witness my hand and seal this ~~~day ot'`- , 19 ~3 - : otary in and for the County and State aforesaid. < ~ ' ~ My commisaion expirea ~ ~ ~ C~ " ~ ~ - ` BOOK ~O~ Ph~ ~5~ ~ _ E ~ _