HomeMy WebLinkAbout0807 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. pmteat and notice oi demanda. protes~, and
nonpayment. FEDERAL TRUTH IN LENDING DISCL03URES ~
~
,
a. Cash Frice $ 6~ Ot~O . 00 , ~
23~842
~ b. Cash Downpayment g 2~ 600. 00
c. Unpaid Balancep~o~~~na
cec~~(a-b) $ 3~~+00.00 ~
r
d. FINANCE CHARGE (consisting solely of a
time price differential) $ 1 Ol .60 _ 3:~'=
~o
~f ` l OT
~J1 ~ - ~ = n
7 019 60
e. Deferred Payment Price (a-~d) ~ ~ ' r ~ p--~
oa<~
V
f. Total of Payments (c~-d) $ ~+~9•6O ~ °N'"o '
ANNUAL PERCENTAGE RATE 10 . 8 5ry~
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. pmtest and notice of demand. protest and
nonpayment.
MOATGAGOH FURTHER AGREES:
1. To make all payments required by that note snd this mortgage promptly when due.
2. To_ pay all taxes, sssessments. liens and encumbrances on that property promptly when due. If
they are not pmmptly 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.
3. To commit. permit, or suffer no waste, impairment or deterioration of the mortgaged property.
~ 4. To pay all expenses rea.4onably incun~ed 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. ,
~ 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 Mortgages, and the Mort- ~
gagee may foreclose this mortgage in the manner provided by law, and have the mortgaged property sold to '
satisfy or apply on the indebtedness hereby secur~d.
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 hereby secured, regardless of
the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has executed this mortga e under seal on the date and
year first above written. This Instrument Prepared By , gy Ward~ Outdoor Resorts
Signed, sealed and de ' o i Ame r i c a~ I r c. _
he pres ce of : ~ - ) ~ ~ ~
; ~'C " - (SEAL)
~
, Cr~ ~ '(SEAL)
,As Wit the gagors.
~ ~ J~n ~ ~ ~ J
~ STATE OF
r ,
~ ~,~i,C~~ p ~
COUNTY OF ~ -
~ - _ ~ to me >
Before me,
~ well known and known to me to be the individual describerl in and who executed the foregoin$ ' en~ and ~
~ . .
~ acknowledged before me that.l:7~executed the same for the purposes therein expre~sec~! -
Witnesa my hand and seal this~day of 19 7°~'~ }
1~~~~ ~ i i~
Nota~for the County and St~a , a eaaid.
~ r G'aA~ f ' : r ~ :~D; at ~;RCE , ~
My commiasion expires
1 ! 1 a 1. l ~5
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