HomeMy WebLinkAbout2639 I. we or either of us. whether principal. security. guarantor, endorser, or other party hereto. agree to
be jointly and severally bound. I or we. each further waive demand. protest and notice of demands, protest, and
nonpayment. FEDEBAL TRUTH IN LENDiNG DISCLOSliftES
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a. Cash Price $ 6, 000.00
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b. Cash Downpayment $ 900.00 ~ ~T
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c. Unpaid Balance of Cash Price 5,100 . 0 0
Amount Financed (a-b) $ a ~ " :
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d. FINANCE CHARGE (consisting solely of a N
time price differential) ~ 2, 8 5 5. 5 2 ~ o N.~ ~
8 855.52 ~ rm
e. Deferred Payment Price (a-}-d) ~ ~ - ~ i ~ ~
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f. Total of Payments (c-}-d) g 7, 955.52
ANNUAL PERCENTAGE RAT~ 11 • 99 ~s~~~Z
I. we, or each of us~ whether principal. security, guarantor, endorser or other party hereto~ agree to
be jointly and severally bound. I or we, each further araive demand, protest and notice of demand, protest and
nonpayment.
MORTGAG08 FURTHER AGREES:
1. To make all payments required by that note and this mortgage promptly when due.
2. To psy all ta~ces, assessments, liens and encumbrances on that property promptly when due. If
they are not promptly paid, the Mortgagee may pay them without waiving the option to foreclose, and such
payments. with interest thereon from the date of payment at the same rate as specified in that note, shall
also be secured by this mortgage. .
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! H. To commit. permit. or suffer no waste. impairment or deterioration of the mortgaged property.
I 4. To pay all expensea 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, shall also
be secured by this mortgage.
6. 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 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 hereby secured. regardless of
the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
year first above written v. ~ s
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Signed, sealed and delivered
in t e presence of :
~ (SEAL)
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~ ~ " ~ _ SFAL)
~ As Witnesses to e ortga . , ~ ~
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STATE OF-
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COUNTY OF . - ~
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Before me, ~ - ---7-- to me
well known and known to me t the` +ndividual d~ ibed in and who ex ce~uted the foregoing instrument and
acknowledged before me tha _ exelcuted 1h sartte for the purpusex the~i»~~xpressed.
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Witness my hand and se~1 this ~ daY.~at~ ' - 9-
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. N. N in for the (;ow~ty° and State afure~aid.
MY commiasion expirea . ~ - - 4001(~~~, PACf ~40
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