HomeMy WebLinkAbout5476 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 demanda~ pmtes~ and
nonpayment. FEDERAL TBUTH 1N LENDING DISCLOSUftES
a. Cash Price ~ 8, 500.00 245308
b. ~d~0[ Cash Downpayment $
of cash ~rice/ ~ „
c. Unpaid BalancelAmouht Financed (a-b) $ 7.650.00 n+
o~ ~3
d. FINANCE CHARGE (consisting solely of a 2~ 2g4.40
time price differential) $ - _ ~A D~=
10~794.40 ° ~co`~U
e. Deferred Payment Price ~a+d) S w a~.~=~
f. Total of Payments (c+d) $ 9, 944~40 ~ ~~`~o
ANNUAL PERCENTAGE RATE 10.85 ry~ f"ll~j~
/
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 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. v~ith interest thereon from the date of payment at the same rate as specified in that note, shall
i also be secured by this mortgage.
~
~ 3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
E 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor -
S to comply with the agreements in that note or this mortgage, including reasonable attorneys' fees. The cost
i 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.
g 5. If any payment provided for in that' note is not paid within 30 days after it becomes due, or if any
9 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.
3 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 pmfits to the indebtedness hereb3• secured, regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
~ IN WITNESS w'HEREOF. the Mortgagor has executed this mortgage under seal on the date and
R year first above written.
~ Signed. sealed and delivered T~'•~
~Y in the r ence of • ~ ~
~ ~ %
E - ( SEAL)
~
° - ~ ~ , ~t
~ . , EAL)
As Witnesses to the Mo, agors.
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STATE OF_~ ~ ,
- COUNTY OF ~
to me
° Before me, _
well known and known to me to the individual desc in and who executed the foregoing instrument and
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' acknowledged before me that executed the same ~~~'t t~ ~s -th m e ed.
~ . .
- Witness my hand and seal this_L_-day o•` , . 1
-
- . . _ Ns , an or ~ County a State aforesaid.
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My commission expires ~ ` ~ ' ` ~
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