HomeMy WebLinkAbout5484 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 1N LENDING DISCLOSURES
a. Cash Price ~ 8, 000.00 „
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b. Total Cash Downpayment $ - o~ ~
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c. Unpaid Balance%Amouht Financed (a-b) $ 7.200.00 N~
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d. FINANCE CHARGE (consisting solely of a ~ "~~~a
time price differential) $ 2,159.40 _ W~ ~N~o
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e. Def~rred Payment Price ~a_}..d) $L0.159.40 .~~j.~
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f. Total of Payments (c-{-d) $ 9, 359.40 _
ANNUAL PERCENTAGE RATE 10 _ 85
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, assesa::tents, liens and encumbrances on that property prompUy when due. If
they are not promptly paid. the Mot tgagee 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 wasfe. impairment or deterioration of the mortgaged property. -
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 pa}~tnent at the same rate as specified in that note, shall also
be secured by this mortgage.
i 6. If any payment provided for in that note is not paid within 30 days after it becomes due. or if any
r 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
- 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 to the indebtedness hereb~ secured, regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
~ IN WITNESS ~'VHEREOF, the Mortgagor has executed this mortgage under seal on the date and
~ year first above written.
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Sign , sealed and delivered - F;; _ ' _ . . ~ i •
~ in th presence of : ' ~ , ;
~ /t ~ .f , . , - -
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; ~ n~ic..`C ~-c._ . ~ ~ _ - SEAL
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~ . d ` ~ ' : ~ ( SEAL)
~ A~~tnesses to the rtgagors.
1'
STATE OF ,~1./'-'L~-aX ~ ,
- COUNTY OF - Q-~--" -
'
~ Before me, ~ An,~~ , to me
^4 well known and known to me to the individual described in and who execu foregoing instrument and
acknowledged before me that_~ execut am r t e purposes ther 'n :~`~d.
Witness my hand and seal this day o
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y~' . , Aio in and th~ F~qnty and 3t~te;afosesaid.
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My commission exp:res ~ .
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