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I, we or either of as. whether principal, see~trtl~. ~uaranbor. ~nda~er, or ot6er part~ ber~eto. a~Y+ee ~
be jointly and severaUy bound. I or w~ ~sch iwrthec waive danand. prot~at and notioe at d~nands. pentest. sad
nonpaymenk FSDERAL TRUTH IN I.SNDING DI3CLOBURSB
a. Cash Price ; 9, 000.00
Qo b. Cash Downpayment = 1, 3S0.00
M
~ c: Unpaid Balance of Cash Price
o` ~ Amount Financed (a-b) s 7, 650.00 ~ ~
N
S~~" N d. FINANCE CHARGE (oonaisting solely of a ~
~ 4 283 .76 ~ oc
1 j'~ 7 W time price differential) . ~ ~~,v
~
~y ~A~~'?=
= ~ e. Deferred Payment Price (a-}-d) ~ 13. 283 .76 ~ n~ o oA
i., j~ O6 Q~ ~ ~ 0-1--, ZA
a~ f. Total of Payments (c+d) = 11, 933.76 N~ cN<~
a~2 ANNUAL PEACENTAGE BATE 11.99 y6 w ~
A~~
I. we, or each of ua, whether principal. security. guarantor. endorser or other party hereto, agree
be jointl,q and severallq bound. I or we, each farthee ~vaive demaad, pmtest and notioe of demand, proteat snd .
Q~ nonpaymen~ ~
~ ~ MORTGAGOIt FURTHER AGREE3:
~ Q~ 1. To make all paqmmta required by thst note sad tLia mortgsge prumpUy when dt~e.
~ 2. To pey all t~cea, sa~easmenta, Uena aad encumbrat~,ea on tl~st P~P~7 P~P~ when due. If
they are not pmmptly paid, the Mortgag~ee m~y pay thea~ without ~vaiving the option to forecla~ aad sncb
payzneata, vrith interest thereon from the date of payment st tLe same nte as speci8ed in that n~te, ahsU
also be secured bq this mortgage.
S. To oommit, permit, or suffer nn waste, impairment or deterioration of the ~orEg~ged pmoparty.
; 4. To pay all expenses ressonably inc~rred by the Mortgagee becanae of failure oi tl~e Mortgsgor
; to comply with the sgreements in that note or this mortgag~e, including reaeonable attorneya' feea. The coet
j thereof, with interest thereon from the day of payment at the same rate aa specified in thst note, ahall slso
~ be eec~u~ed by this martgage. _ _
i b. If any payment prnvided for in that note is not p~aid within 30 daya atter it beoomea d~ or if any
! a,greement in this mortgage other than the agc+eement to make the p~ymenta is breached, the entine nnpaid
~ principal bslaace of tha± note shall immediately beoome due at the optioa of the Yortga~ snd tbe ~LLot~
~ gagee may foreclose ffiis mortgage in the manner provided bq Ia~v, and have the mortgaged property sold to
aatisfy or apply on the indebtednesa hereby secured.
6. T'he rents and proSts of the mortgaged property are a18o hereby mortgaged, ud if proceedings
to foreclose this mortgage shall be instituted, the eourt having jurisdiction thereof ms~y appoint s receiver of
the mort8~ P~P~Y and apply those rents and pro5ta to the i~ebtednees hei'ebY sec~red. regardlesa of
the solvency of the Mortgag~or or the adequacy of the security. ' .
IN WITNESS WIiEREOF, the Mprtgsgor bas ezecuted tLis mortgage under seal on the dste aad
year first above written.
igIIed, sealed and delivered TM~s ~fssTaurr.~riT wws
i epresenceof: PRcP4P.f^ BY
DOUG PcT cRSON
~
' ~ ` ts~.)
i esaes the Mo gagers.
STATE OF ~~1~ ~
.
COUNTY OF ~C~-L~- -
Before me~ • to me
well known and known to me to t]~e i~ividual described in 'sad w~o euecuted the foreg+ning instrument ~nd
acknowledged before me tha ecuted th same • : ` : ~ : : ~.f ~ ~+essed.
~:~!~:,..~'D~
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Witness my hand and seal ~ 9
J ~ ~ .
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~ . ;Wat~! m o~~e County snd 3tate aforesaid.
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My oommiasion expiree ~ r- G- 7~ ~ T' - . 0 R z~,~ PA~t ~
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ae~K 211 f~c~ 24~~ ~''`'y=, ~ _
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