HomeMy WebLinkAbout5466 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. pmtest and notice of demands. protest, and
nonpayment. FEDERAG TRUTH IN LENDING DISCLOSUKES
a. Cash Price ~ 8500.00
b. Total Cash Downpayment $ 1700.00 _
c. Unpaid Balance/Amouht Financed (a-b) g 6800.00
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d. FINANCE CHARGE (consisting solely of a • ~
time price differential) $ 3808.00 _ ~;~~o
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e. Deferred Payment Price (a~.d) $ 12308.00 ~ ~C v~~•
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f. Total of Payments (c+d) $ - o~-~ ~
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ANNUAL PERCENTAGE RATE 11 • 99
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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 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 promptiy 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 bp this mortgage.
3. To commit, permit, or suffer no waste. impairment or deterioration of the mortgaged pmperty.
; 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the :4lortgagor
; 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.
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a 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 p~yments is breached. the entire unpaid
principal balance of tha± note shall immediately become due at the option of the Mortgagee, and the :Viort-
~ gagee may foreclose this mortgage in the manner provided by taw, and have the mortgaged property sold to
~ satisfy or apply on the indebtedness hereby secured.
~ 6. The rents and profits of the mortgaged property are also herebv mortgaged, and if proceeclinb?s
to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a recei~•er of
~ the mortgaged property and apply those rents and profits to the indebtedness herebl~ secured, regard:ess 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
~ in the resence of :
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~ 'Z ~ C ~ t L C Y L ~ ~ C~~ EAL)
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- `~_a~n~c .t.~.`'~
As Witnesses to the Mortgagors.
~ STATE OF 1 ~ - - ' ,
~ COUNTY OF _ C .
Before me, ~'~iv~.e=, r ~a ~f i-~.r y S , t~,
well known and known to me to be the individual described in and who executed the foregoing instrument a:.:l
y; acknowledged before me that_~1~i-~executed the same for the purposes therein expressed.
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~~~~::::~~F,~«" •'Witneea~ my hand aixi seal , t?~,i,s day of L~~ Zc -~t-c t,i , lg
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" = 1:"•";'.~ FR~~t~.~~!:1 r F'.llYS = 1~irl,{-~~- /r~ <~c,?/
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~~5 Notary in and for the County a State aforesaid.
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