HomeMy WebLinkAbout2636 I, we or either of us. whether principal. aecurity. guscantor. endoraer. or other party hereto. agree Lo
be jointly and severally bound, I or we. each further waive demand. pmtest and notice oi dem~?nda, protesk and
nonpayment. FEDEBAL TRUTH IN LENDING DISCL03UAES
a Cash Price ~~,000_OQ ~
r
oA~orri
b. Total Cash Downpayment $ 600 ~00 ~~m~=
°~,o
c. Unpuid Balance/Amoaht F~nanced (a--b) a 5, 400.00 °~,COg~
~N o_'~-~-~p
d. FIN~ me priceAdiff
rential)sting solely of a ~ 1, 619.40 _ ~N~°
N r
e. Deferred Payment Price (a..~d~ $ 7, 619 .40 jn~~
f. Total of Payments (c-}-d) $ 7, 019 _ 40 ~ _
ANNUAL PERCENTAGE RATE 10 , 8 S ~o
I, we, or each of us, whether principal. security, guarantor. endorser or other party hereto~ agree to
be joinUy and severally bound. I or we, each further waive demand, protest and notice of demand, protest and
nonpayment.
MORTGAGOR FURTHER AGREES: ~
1. To make all paymenta required by that note and this mortgage promptly when due.
2. To pay all taxes. assessments, liens and encumbrancea on that property promptly when due. If
they are not promptly paid~ the Mortgagee may pay them withoat waiving the option to foreclose. and such
gayments, 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. or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably 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, shaU also
be secured by this mortgage.
5. If any payment provided for in that aote is not paid within 30 days after it becomea 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 mortgag~e in the manner provided by law. and hsve the mortgaged property sold to
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 prafita to the indebtedness hereb3 secured, regardless of
the aolvency of the Mortgagor or the adequacy of the sece~rity. -
IN WITNESS WHEREOF. the Mortgagor has execnted this mortgage under sesl on the date and
y firgt above written
, _ ~ ,
gned, ed de~ivered F ~ - ,
i th y,se e f• nou~ - .
I ~ •'''z~~ ~ ,SEAI.) -
~
~ Xy/,~~~z~F,LCf,~(~-~.%, «,.~,~SFAL)
As itnesses to t e Mo gagors.
~
STATE OF
COUNTY OF -~-t_c~ .
Before me. ~ to me
wett known and known to me t' the individual described .in~a,n;~,.who ~oc~cut~the foregoing instrument and
scknowledged before me that~~~executed tit~ ~etne fo~,;tti~, u`
. p" rso~a ther+~n`~e~cpressed.
.
Witnesa my hand and seal thiR
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y~o~~- ~he County and State aforesaid.
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My cwmmission expires ~ .
~ ~ ~o~K 2i2 2fi37' . _
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