HomeMy WebLinkAbout2432 I. ~re or either of us. whether principal. security. guarantor. endorser. er other party hereto. agtee to
be jointly and severally bound. I or Ke. ench further waive demand. protest and notice of demands~ protea~ and
nonpaymen~ FEDEBAL TRUTH IN LENDING DISCLOSURFS
8. Cash Price ~ 6, 000.00 ;~49~86
b. Total Cash Downpayment ~ 900.00_ '
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00.00 ~ °r
c. Unpaid Balance/Amouht Financed (a-b) 3~- a~oco
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d. FINANCE CHARGE (consisting solely of a Tm=
time price differential) $ 2, 855.52 N~,~~ ~o`
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e. Deferred Payment Price (a+d) $ 8: 855.52 ~ oN A
• 7 955 52 = 7O ~
f. Total of Payments (c~-d) $ • • ~
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ANNUAL PERCENTAGE RATE 11.99ry~,
I. we. or each of vs. w~ether principal. security. guarantor. endorser or other party hereto. agree to
be joinUy ~nd severally bound. I or we. each further waive demand. protest and notice of demand, protest and
nonpayment.
MORTGAGOB FURTHER AGAEES:
- 1. To make all ;pay!ments 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 waivinA the option to foreclose. and such
payments, witb interest thereon from the date of payment at the same rate a~ specified in that note, shall
also be secured by this mortgage.
; 3. To commit, permit, or suffer no v?aste, impairment or deterioration of the mortgaged property.
~ 4. To pay all expenses rea.sonably 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 secnred by this mortgage.
~ 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 payments is breached. the entire unpaid
principal balance of that note shall immediately become due at the option of the Mortgagee, and the Mor~
gagee may foreclose this mortgage in the manner provided by law. and have the mortgaged property sold 40
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 WHEREOF. the Mortgagor has executed this mortgage vnder seal on the date and
year first above written. , _
Signed, sealed and delivered - ~ _
in the presence of : - ~
~ - ~?~r- s~
(SEAL)
~
2t, 1,c. ~ ~i/ ~/1 ~ (SEAL)
~ As Witnesses to t e Mor±gagors.
~ STATE OF ~
~ COUNTY OF ~ ' • ~
~ ~t~~
~ Before me, ~ / , to me
well known and known to me to the individual descr' in and who executed foregoing instrument and
acknowledged before me tha ex~tt~``'~ ' e or the purposes the in exp ~ed.
```~ti. ~ ` ~
Witness my hand and sesl this day o~,
- -
'i; '°=~y#ary in an for the County and State aforesaid.
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My commission expires _ " •
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