HomeMy WebLinkAbout5500 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 demands~ protest. and
nonpayment. FEDEBAL TRUTH 1N LENDING DISCLOSURES
a. Cash Price $ 245~~
b. ~ash Downpayment $ ~0-~
si aa~ peie~/ :
c. Unpaid Balance/Amouht Financed (a-b) ~ a~ ~
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d. FINANCE CHARGE (consisting solely of a
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time price differential) $ =~241.~ _
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e. Deferred Payment Price (a~}-d) $ ~
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f. Total of Payments (c-~d) $
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ANNUAL PERCENTAGE RATE ~ ~
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.
unum~el~nu FTtRTLiF.R A!_RF.F.C•
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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, with interest thereon from the date of payment at the same rate as specified in that note, shall
aiso be secured by this mortgage.
! 3. To commit, permit, or suffer no waste. impairment or deterioration of Lhe mortgage~ property. _
k 4. To pay all expenses reasonably incurred by the 1liortgagee because of failure of the Mortgagor
~ to comply with the agreements in that note or this mortgage, including reasonable attorneys' fees. The cost
; there~f. with interest thereon from the day of paS~rr?ent at the same rate as specified in that note, shall also
~ be secured by this mortgage.
F 6. 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 payments is breached, the entire unpaid
~ principal balance of tha: note shall immediately become due at the option of the Mortgagee, and the btort-
~ gagee_ may foreclose this mortgage in the manner provided by law, and have the mortgaged property sold to
z satisfy or apply on the indebtedness hereby secured.
` 6. The rents and profits of the mortgaged pmperty are also hereby mortgaged. and if proceedings
s to foreclose this mortgage shal! 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 th~ security.
~ IN WITNESS R'HEREOF. the Mortgagor has executed this mortgage under seal on the date and
~ year first above written. 7,;;~ ,.;STRUMiNfi WA9
^ Signed sealed and delivereci P~E~'~RED ¦'I
~ ' ~ _ UOUG PCTE~Ei~N
~ in the~resence of •
~ ,c Y ' i~r,~" :~~-1~l ~ ~
~y ~'G~-~ !~'U~ (SEAL)
~ l/ '
~ - (SEAL)
S tne es the Mortgagors.
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~ STATE OF ~
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~ COUNTY OF - ' ~L--s-.
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- Before me, ~ ~ ! ~ t.'~' -.cJ~ to me
~ well known and known to me to l~e the individual described in and who .e~ut~_ the foregoing instrument and
acknowledged before me that ~~.~_executed tlie same fol th~; puc~o~es ;Lberein ex~essed.
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' Witness my hand and seal this ,day a€~ ~"'i ~ ,~9~.~
~ ~ 1 ~~r ~ L^~ r;` L .~i~ ~ i ' 1_L~--
_ wvT~F~~ . ` . (Ry~`otary ir~$nd~q_r?the~($ivu~y and State aforesaid.
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My commission expires ~ ` ~ " •
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