HomeMy WebLinkAbout5488 I. we or either of us, whether principal, security. guarantor. endorser. or other party hereto. agree to
be jointly and severally bound. I or vee. each further waive demand. protest and notice of demanda. protest, and
nonpayment. FEDERAL TRUTH IN LENDING DISCLOSURES
a. Cash Price $ 6., CQfl-.~--
b. Tota' C~esh Downpayment $ 6~.~ -
c. Unpaid Balance/Amount Financed (a-b) $ S a~=~_
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d. FINANCE CHARGE (consisting solely of a «~~o
time price differential) $ - r`-'~m=
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e. Deferred Payment Price (a+d) $-?.~b19.~4~- A A zo
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f. Total of Payments (c~{-d) $ ~ ~ ~
ANNUAL PERCENTAGE RATE -~.0~8~~'G L"'
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 fhe 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.
!
t 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
be secured by this mortgage.
' 5. If any paytnent provided for in that note is not paid within 30 days after it becomes due, or if any
c agreement in this mortgage other than the agreement to make the payments is breached, the entire unpaid
~ principal balance of tha± note shall immediatelv 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 ha~ing jurisdiction thereof may appoint a re.,eiver of
~ the mortgaged progerty and apply those rents and profits to the indebtedness hereb3• secured. regardless of
~ the solvency of the Mortgagor or the adequacy of .the se~urity.
~ IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
~ year first abo~e written. ,,;.s ~ : -
~ Signed, sealed and delivereci
~ in the presence cr~: -
~ t ' ~ .t r cw . ~ ;C? (SEAL)
~ -
~
~ ' ~ (SEAL)
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As W nesses to the Mortgagors.
~ STA OF ~~~8
~
COUNTY OF ~ G~ -
- ~ to me
- Before me, - -
well know n and know n to me to the individua des~cib~d ,;n and who executed t going instrument and
acknowledged before me tha'~1~Z`~?_executed,,~..~J~~-,.~' ~ or• the pu ses therein re
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. 19
Witness my hand and ~eal thi~;~day b4 ~
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ti~ - ;1~0~ in'und r the County and State aforesaid.
~ My commission expires : . ~ ~ . - • O- kr'-"~ ~ . ( U
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