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I. we or either of us. whether principal, security. guarantor~ endorser. or other party hereto, agree to
be jointly and severally bound. 1 or we. each further waive demand. protest and notice of demands. proteat, and
nonpayment. FEDERAL TRUTH~ 1N LENDING DISCLOSURES
8. Cash Price ~-~OQp.~O~-- 239138
b.~ Cash Downpayment ~
~
c. Unpaid Balance~ou~ anc (a-b) $ ~.d ~ $T
v ~~r"w~
~ ~~a~
d. FINANCE CHARGE (consisting solely of a ~ A~~~.~
time price differentia[) $ 161l.i0 _ ,~.C'~ „~m
~ ~~a~
o;-
e. Deferred Payment Price (a+.d) $ 7t1l~i0 ~
f, Total of Paymenta (c-}-d) $ . ~ .
ANNUAL PEACENTAG~ RATE ~ ~'y
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I. we. or each of us. whether principal, security~ guarantor, endorser or other party hereto, agree to
be jointly and severally bonnd. I or we~ each further waive demand. protest and notice of demand. prntest and
nonpayment.
MORTGAGOR FURTHEA AGREES:
1. To make all payments required by that note and thig 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. ~
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 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 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 secured.
6. The rents and prnfits of the mortgaged prnperty 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 adequscy of the security. ; •
IN WITNESS WHEREOF, the Mortgag~or has executed this mortgage under seal on the date and
year first above written. +,~~s ~r~s::~,m~.~t Prepared By
Sig~ed, sealed and deliver P~BdY 1• Ward
in t~e presence of : Outdoor Resor ~of America, inc. •
.
t ~ % ~ ..c.~. ~ _ - ~ .N (SEAL)
' • • lJS.~~.., ~ - (SEAL)
' ne~s e Mortgagors. ~ ~
~ _
STATE OF < ~ ~ ~
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COUNTY OF - / _ , , t
~ ~ . GLt.~ J ~t~
Before me, •.to me . .
well known and known to me the individual described in and who ex uted the forego~n ipat~Iiilent at~d . a _
acknowled ed before me tha executed the same for the .
g purposes erein ex ~ `
. ~
~ ~ '
Witness my hand and seat this ~ ~ day of ~ 19 ~ _ ~
f ~ - : ~ ;
"~~~.~v rt;ctr~, SfRTE o/ FtpR;pa ±p~,;~Jotary in and or t.he County a~Ee~aforesaid. ^
?.Ir CJiy.'.~L;j:r.; fJIP~~ ~ ~
~ . F t.~ :.lt ~ • r ~oa~~;?,~J Rnit~~~~ , JU.'~E 4H3iy6 . , •4' 1 . .i . , : ~~r,..
My oo~dunisaion expires ~ ~ - L•. `'y "'~a''' ~ - _ - : _ ; .
- 6- 6-~~ ~ • - ~ ~ 4: . _ - .
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