HomeMy WebLinkAbout2663 I. we or either of us. whether principal. security. guarantor~ endoracr, or other party hereto. agree to
be jointly and aeverally 6ound. 1 or we. each further waive demand~ pratest and notice oi demands, protesk and
nonpayment. FEDEftAL TRUTH IN LENDING DISCLOSURES
a. Cash Price ~
9 000.00
b. Total Cash Downpayment $ 900 _ 00~_ °
Or ..y.~~
c. Unpaid Balance/Amouht Financed (a-b) $ 8.100.00 `~~oco
r.. c„n s •
.a-. „e-~=
d. FINANCE CHARGE (consisting solely of a a~~ ^
time price differential) g~ 2 429 40 _ M o~~•~'°
. .
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e. Deferred Payment Price ~a+d) 11, 429,40 ~ Ayro -
~ so
f. Total of Payments (c~-d) ~ 10, 529.40 w
ANNUAL PERCENTAGE RATE 10.85 % ~S18O9
I, we, or each of us~ whether principal, security, guarantor~ endorser or other party hereto. agtee to
be joindy 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 payments required by that note and this mortgage promptly when due.
2. To pay all taxes. sssessments~ 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.
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, shall also
be secured by this inortgage.
b. 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 Mor~ ?
gagee may foreclose this mortgage in the manner provided by law, and have the mortgaged prnperty sold to
satisfq 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, regardtess of
the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under sea] on the date and
year first above written.
THIS INSTRIiMENT y,iqe~ ~
Sl~~. seated and detivered FRE::r.:' ~V
~ inthepresenceof: oouc : _ „
` fiTc
l,l~l~~~-~C , 6Q - ! (SEAI.)
' ~ ~-,u-~ d ~ `-3 ~ EAL)
As Witnesses the Mortg rs.
STATE OF ~1 c ,
COUNTY OF ~ ~ s--- ,
Before me, to me
well known and known to me the individual descri~ in aq~},,~!ho e~~cute~ the foregoing inatrument and
r;,
acknowtedged before me tha executed t same tor"~hb :ppaes ther~ia.e~aj ed.
~ Witness my hand and seal this y of~ ~ 9 ~
i ~
~ .
N~TA~Y !'JRI IC. STATC ~t f~~,-t'it: rt jI atl tA~ tfOt6aila.
1~(Y G0.',',Yh,:.~:7 :':P~.;ES 1u~.. ~.i.' .
My oommission sxpires ti`~~'`z ~ v. . _ . . •
. ;
- . 60D1(~~14I~CE~~
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