HomeMy WebLinkAbout2630 I, we or either oi ua, whether princjpal, security. gusrantor~ endoraer~ or other party hereto. sgree to
bs jointly and severaliy bound. 1 or we, each further waive demand. proteat snd nottce oi demanda, protest~ and •
nonpayment. FEDERAL TAUTH 1N LENDING DISCLOSUItEB -
s. Csah Price ; 6, 000.00
b. Total Caah Downpayment $ 600 .00 ~ L~ ~
s_i
c. Unpaid Balance/Amouht Financed (a-b) ~ 5, 400.00 ~'p7°~o
p~R~=
d. FINANCE CHABGE (consieting solely of a a'"~
time prlce difierential) $ l, 619.40 _ ~ s~~=~
Sq~~
e. Deferred Payment Price ~a.~d) $ 7~ 619.40 ~ 9
. ~.o
i. Total oi Payments (c-~d) a 7, 019 .40 ~
ANNUAL PERCENTAGE RATE 10.85 ~o ~
I, we, or each ot ua, whether principal, security, guarantor, endoraer or other party hereto. agree to
be jofntly and severaliy bound. I or we, esch further waive demand, protest and notice of demand, proteat and
nonpsyment. .
MOATGAGOR FURTHEIt AGREEB:
1. To make a11 payments required by that note and thia mortgage promptly when due.
2. To pay a!1 taxes, aaaeaamente, liena and encumbrancea on that property promptly when due. If
they are not Dromptly paid, the Mortgagee may pay them without waiving the option to foreclose, and such
paymenb, with intereat thereon trom the dste oi payment at the same rate as specified in that note, ahall
alao be secured by thia mortgage.
8. To commit, permlt, ot~ aufier no waste, impairment or deterioration of the mortgaged property.
! 4. To psy all expensea reasonably incurred by the Mortgagee because of failure of the Mortgagor
, to com~1y with t~je agreementa in that note or thia mortgage, including reasonable attorneys' fees. The coat
thereof, wlth intereat thereon from the day of payment at the same rate as specified in that note, ahaU aleo
be ~ecur~d by thia mortgage.
ec
~ 6. It any payment provided for in that note is not paid within 30 daya after it becomes due, or if any
a~seement in thia mortgage other than the agreement to make the payments ia breached, the entire unpaid
~ncipal balst~ce of that note shail immediately become due at the option oi the Mortgagee, and the Mor~
gagee msy foreclose tbia mortgage in the manner provided by law, and have the mortgaged pmperty sold to
satisiy or spply on the indebtedneas hereby eecured.
6, The renta and profita ot the mortgaged property are also hereby mortgaged, and if proceedinga
to torecbse thia mortgage ehall be inatituted, the court having jurisdiction thereof may appoint a receiver of
the mort~aged property and apply those rents and profita to the indebtednesa hereb~ aecured, regardlesa oi
the wlvet~cy ot the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor haa executed thi~s mortgage under seal on the date and
year lirst sbove written. " R F• 11 ~ M i N t w~?s .
Signed, sea~gd and delivered ~c~ st
in the yresence oi: „ QeoN
A ,
EAL)
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As Witneasea to the Mortgag a. '
.
~ $TATE OF
~ n .
~ (:OUNTY OI~ _ - - /
Before me, 1 to me
wdl known snd known to me t the individual descri in and who executed ` egoing inatrument and
acknowled~cd betore me thu ,wcectyted, ths r the pu aea erein xpr
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Witnexs my hand and ~a! d.~~~dr.y of '
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. ,f. .d v~i ~ ~ . "
, . . . . ~ =r. ; ~ • j~to and or the County snd State sforeaatd.
, • ,t . .
•
)r1r eommirsfon sxpirts • ,
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