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1. 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 drma~d, protest and notice of demands. prc~test. and
nonpapment. FEDERAL TRUTH IN LENDING DISCLOSURES
a. Cash Price ~ 8,500.00
b. Total Cash Downpayment $ 1, 2 75 . 00 23~130 '
c. Unpaid Balancei Amouht Financed (a-b) 7, 225 . 00
d. FINANCE CHARGE (consistinq solely of a
time price differential) ; 4 ,045 .00 _ ~
e. Deferred Payment Price ~a~..d~ g__ 12,545.40 _ o~o"~
f. Totat of Payments (c~-d) g_ 11,270-.00 ` _
~
ANNUAL PERCENTAGE RATE 11.99 'r - ~y
I, we. or each of us. w•hether rinci al securit ~ /
p p, y~ guarantor. endorser or other party hereto, agree to
be jointly and se~erally bound. I or we, each further waive demand, protest and notice of demand, protest and
nonpayment.
;?iORTGAGOR 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
aiso be secuteci by this mortgage.
3. To commit, permit~ or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably incurred by the Mortgagee becaase of failure of the htortgagor
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 gaid 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 Mort-
gagee may foreciose this mortgage in the manner provided by law, and have the mortgaged propertS sold to
satisfy or apply or_ the indebtedness hereby secured. -
6. The rents and profits of the mortgaged property are also hereby mortgaged, and if procF~edi»gs
to foreclose this mortgage shall be instituted. the cour aving jurisdiction thereof may appoint a rece;~ e: uf
the mortgaged property and apply those rents and •to the indebtedness hereb~ secured, regardiess of
the solvency of the Mortgagor or the adequacy of urity.
IN ~VITNESS WHEREOF, the Mortg ~xeGrted this mortgage under seal on the date and
year first above written. S `S . ~i" ~1
Signed, sealed and deli~ ereci ~ , ,
in the presence of : ' ,S~ - • "'U~:~]. ;
1 tI ' )
~~{{f- i 1 ~ ' s~~ ' • '~S.
' i LY ! - . - ~~~`--2---- ` ' l~`I~.'!i.)%
1 ~ . : ~Y
, ' ~ f, . , ` F ' . ' ~S}:~;i,; =
As Witnesses ~o the Mortgagors. ~0 3? 4~~. - ~
i,. .
~r
STATE OF ~ , :
~y
COUNTY OF _ L l~ ~Q_. • • ~ ~
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Before me, 2 ~ZP~~_~z~r~Q~~,~T~-' ~~,'tc rc . ' .
well known and know n to me to he individual described in and who executed the foregoing ,~nstrument ar•-1
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acknowledged before me that_ ~ -executed the same for the purposes therein expressed. . _'~i ,
' ~ ~ =
' D ~
Witness my hand and seal this_ ,~~`"_day of , 19 , . , ~ ~ ° :
~_yu-p~ c-n t.r~ e ~
" Notary in and for the County an State e~d;~ ~
IN7 C~or~ssioa expir~css Apr. !1, 2,~il~i "
My commission expires BC~Rii~o~ ir~;~Z~Os
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