HomeMy WebLinkAbout2725 D c~c - S~''~"`~v,.~.r"
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~ protesk and
nonpayment. FEDERAL TRUTH 1N LENDING D1~CL03URES
a. Cash Price $
b. ~Cash Downpayment ~ ~eo.oo__ z39142
c. Unpaid Balance/~~ u~i ~n~~ceci"Za-b) $ ~ ~
..p d~~
d. FINANCE CHARGE (consistinq solely of a o~~
time rice differential) $ u~.~ - ~"oo°
p ~~m,;,~
e. Deferred Payment Price (a-}-d) $ ~ ~c$~
m..,~
f. Total of Payments (c fd) $
. ~
ANNUAL PERCENTAGE RATE I~ ~ ~i,-~
I, we. or each of us, whether principal. securit~ ~ guarantor. endorser or other party hereto, agree
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 promptlq 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 secureci by this mortgage.
' 3. To commit~ permit, or suffer no waste, impairment or deterioration of the mortgaged property.
~ 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 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 opti9n ~f the Mortgagee, and the Mort-
gagee may foreclose this mortgage in the manner provided by law, and have t~e mortgaged pra~erty 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 hereb~ secured, Xegardless of
the solvency ~f the Mortgagor or the adequacy of the security. - -
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on ~he~ date and
year first above written. / ~
This instrument P~e~ase~ BY -
Signed, sesled and delivered ~ ~~;ja~d
in the presence of : ~ ~ l ,,lw, .
p t Reso s of ksnerica, int. +
~ ~ (SEAL)
~
~ . / \ t
~ r . _ ~ ~ _ r , AL)
~ As Witnesses to the Mortgagors.
STATE OF ~
~
COUNTY OF ~a~
Before me, LOREN L. TNOtrIP90N AND ROSE F. THOAIPSON _ to me
~ well known and known to me to be the individual described in and who executed the foregoing instrument and
~ acknowledged before me that_ THEY executed the same for the purposes therein expresse~l.
P $ 9TH $EPTE1~iBER , 19 72
- Witness my hand and seal this day of
. . .
~ Notary in and for the County and State aforesaid.
~ . . ~ aeA E. a~vEas . , . .
~ My .commission expires M-~~ry :~b^~. s~ar~ t+~ YO~ . '
~ ~ ~ ~
~ r~mmiu~cr. Etpires Meetl+ 30. ~9 lt~~1~r~~ ~iWC~~
,
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