HomeMy WebLinkAbout2440 I, we or either of us, whether principal, secur3tq, guusntor, endorser. or other party hereto, sgree to
be jointly und severally bound. I or we. each further waive demand. protest atnd notice of demanda. pmteet, and
nonpayment. FEDERAL TRUTH IN LENDI11iG DISCL03URE3
a. Cash Price ~ 9, 000.00
b. Cash Downpayment ~ 1, 350.00
c. Unpaid Balance of Cash Pri~e
Amount Financed (a-b) g 7, 650.00
d. FINANCE CHARGE (consisting solely of a ~
time price differentiat) g 4, 283.76 ''~o~"'
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e. Deferred Payment Price (a-i-d) q 13, 283.76 ~
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f. Total of Payments (c-~d) ~ lI, 933 .76 ~ o'
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ANNUAL PERCENTAGE RATE 11.99 ~ >
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I. yve, or each of us. whether principal, security. guarantor, endorser or other party hereto. agree
be jointly and severally bound. I or we. each further waive demand, protest and notice of demand. protest snd
nonpayment.
MORTGAGOB FURTHEA AGREES:
1. To mske all payments required by that note and this mortgage promptly when due.
2. To pay alI taxes. asses3ments, lien9 and encumbrances on that pmperty promptly when due. If
they are not prumptly paid, the Mortgagee may paq them without waiving the option to foreclose. and such
payments. with interest thereon from the date of payment at the same rate as apecified in that note, shall
also be secured by this mortgage.
3. To commit. permit. ar suffer no waste. impairment ur deterioration of the mortgsged property.
4. To pav all expenses reas~nably incurred by the Mortgagee because of failure of the Mortgagor
to oomply with the agreements in that note or this mortgage~ including reasan~ble attorneys' fees. The cost
thereof. with interest thereon frnm the day of payment at the same rate as specified in that note, shall also
be secure.i 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 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 secur~d.
6. The rents and profits of the mortgaged prnperty are also h~reby 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 thase rents ar~d profits to the indebtedness hereb~ secured, regardless of
the solvency of the Mortgagor or the adequacy of the security.
II~i WITNESS Vt'HEREOF, the Mortgagor has executed this mortgage under seal on the date and
I year first above written.
igneii, aeaied and delivered ; h,~ w~,s
i epresenceof: Va=;-...~:~ r~r
uuua ~~:L:~:,~N
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A W ~ (SEAL)
~ nesses the Mo gagors.
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COUIVTY OF~L~C~C:(.--C.~--
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Before me, _ t:~~ r T~„aC~-~-~ ~~'~1~-~2-~-~-- , to me
well known and known to me to the individual described in and w}}o exe~uted the foregoing instrument and
acicnowledged before me that _ ecuted the same~eF,;t~e ptsposea-.the n re,gsed.
Witness my hand and seal this / ~ f ~ ~ - ,~g
~ - _ , .
.,I~ots~ in an o~tF~e County and State aforesaid.
My oommisaion expirea _1' ~ ~ 7~. ~ _ " • ~ ~ ~ ' -
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