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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. I or we, each further waive demand~ protest and notice of demanda. protest, and
nonpayment. FEDERAL TRUTH IN LENDING DISCLOSURES
a. Cash Price $
b. ~ Cash Downpayment $ ~~t~-_ '
~ v~l~ ~sl+O~ !00 00 bi ~
c. Unpaid Balance%Amouht ~nanced (a-b) $ 7• ~ ~
c
d. FINANCE CHARGE (consisting solely of a ~ AQ
time price differential) $ _ n
ap - ~ _
e. Deferred Payment Price (a.+d) u~~~ o
Ci ~ O
f. Total of Payments (c~-d) $~~~~~~N 3 ~~^.o
a
" ~o
ANNUAL PERCENTAGE RATE 10•~ % ~
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. protest and notice of demand. protest and
nonpayment.
MORTGAGOR FURTHER AGBEES:
1. To make s11 payments required by that note and this mortgage promptly when due.
2. To pay all taxes, assessments, lietts 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.
i 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 s
~ 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 agr~ement to make the payments is breached, the entire unpaid
i principal balance of tha*_ note shall immediately t~ecome due at the option of the Mortgagee. and the Mort-
~ gagee may foreclose this mortgage in the manner provided by law, and ha4e the mortgaged property ~old to.~
satisfy or apply on the indebtedness hereby secured.
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 i~o the indebtedness hereb3 secured, regardless of
the solvency of the Mortgagor or the adequacy. of the secnrity. ~ . s_. -
IN WITNESS WHEREOF, the Mortga r has executed this mortgage under seal on the date and
year first above written. T~~S ~nstrument PrepareA~Y
Sign , sealed and delivered PeggY 1~ Ward
in t~te resence of :
~ .~utdoor Resorts of America, /
' _ ~EAL)
~ , ~ ~ SFAL)
= As Witnesses to e Mortgagors.
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~
STATE OF
~ .
~ COUNTY OF
s
~ Before me. ~ Me
~ well known and known to me t the individual described in and who execu th~ foregoin ' atrument and
~ acknowledged before me tha~_ executed e for the pu es :therein ressed. t
~ - ?.f- _
~ Witness my hand and seal this day of ~ ~
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ner;ar >t;sir;:. '.-r , c: . No o E`(9nn:nty s tate aforesaid. ~
Asr E~~r . ~ ~ .;,litl.~,:C : u ~ . ,
My commisaion expire~r,ce ~ , _
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