HomeMy WebLinkAbout5458 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. pmtest. and
nonpayment. FEDERAL TRUTH IN LEND[NG DISCLOSURES
a. Cash Price ~ 8, S 00 . 00
b. Total Cash Downpayment $ ~.QQ-_
c. Unpaid Balance/Amouht Financed (a-b) $ 7.~ 650 .00 ~ ~
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d. FINANCE CHARGE (consisting solely of a ~ o~; oee
time price differential) $ 2, 294 .40 s~e~
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e. Deferred Payment Price (a~}.d) $ 1Ot794.40 _ ~ ° :cc
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f. Total of Payments (c+d) $_9. 944.40 ~ s~.;;
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ANNUAL PERCENTAGE RATE 10 . 8 5 7~ ~ ~<y e
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I. we. or each of us. whether principal, security. guarantor, endorser or other party hereto. agree to
'uc j~iT,ily 3 ~j~ a, a T ~ e..t~ • a a~ Y~....~ a e a a Y•..... 3
dTi 5c'rcraa wuTiu. a Oi Rc cai. ~ aua aacr Wali'c ucii~ai~v ivw~~ a:w i~ve?a.e va uc~i~oTav, i'veeo~ oi~
nonpay-ment.
MORTGAGOR FURTHER AGftEES:
1. To make all payments required Uy 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 wai~ ing 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 v~aste. impairment or deterioration of the mortgaged property.
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; 4. To pay all expenses reasonably incuned by the Mortgagee Uecause of failure of the Mortgagor
to comply with the agreements in that note or this mortgage, including reasonaUle attorneys' fees. The cost
E thereof, with interest thereon from the day of pay-ment 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
3 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 pmvided by law, and have the mortgaged property sold to
satisfy or apply on the indebtedness hereby secured. :
~ 6. The rents and profits of the mortgaged pmperty 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, regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
~ year first above written.
: .
~ Signed, sealed and delivered -
^ ig-th~ presence of : ,
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l ~ ~ ' J (SEAL)
;s j .
~ . / 2z~-r~ _(SEAL)
As ' nesses to ortg gors.
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STATE OF ~
COUNTY OF , -
: Before me, ~ ~ ~ - - ~~'ti-- - , to me
~ well known and known to me t9 ~e the individuai described in and who executed the foregoing instrument and
.
~ acknowledged before me that .executed t me for; Nie•yp~r~es , ' expressed.
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Witness my hand and seal this day o . ~
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_ ~n, dZ or unt and State aforesaid.
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~ My commission expires ' ~ ~ - - , •
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