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I. we or either of us. whether principal~ aecutity. guarantor. endoreer, or other party hereto~ agree to
be jointly snd severaUy bound. I or we. each further waive demand. proteat and notice of demanda„ protest, and
nonpayrnent. FEDERAL TKUTH 1N LENDING DISCLOSUR~3
a Cash Price ~ 6, 004_00
~
b. Total Cash Downpayment ~ $ 600.00 _ ;r
c. Unpaid Balance/Amouht ~nanced (a-b) 5,400.00 <~~~o
~o ~ ~
d. FINANCE CHARGE (consiating solely of a o~
time price differential) 1, 619.40 _ ~ o~~s~
o a'~~°o
e. Deferred Payment Price ~a~.d~ 7, 619.40 ~ ~y~~
~f '
f. Total of Paymenta (c-{-d) _ 7, 019 .40
ANNUAL PERCENTAGE RATE ~ 10.85 ~o ~181S
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 aaive demand. protest and notice of demand~ protest and
nonpaymen~
MORTGAGOR FUATHEA AGREES:
1. To make all psymenta required by that note and thia mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. If
they are not promptly paid, the Mortgagee may pay them without waiving the ogtion to foreclose, and such
payments, with interest Lhereon frum the date of payment at the same rate as specified in that note. shall
slso be secured by this mortgage,
3. To commit, pertnit, or suffer no waste. impairment or deterioration of the mortgaged property.
4. To pay all expenses rea,sonably 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 a~ the same rate as specified in that note. shall also
be seeured by this mortgage.
b. If any payment provided for in that not+e is not paid within 34 days after it becomes due, or if any
agrt~ement 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 property sold to
satisfy or apply on the indebtedness herehy secured.
6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
to foreclose this mortgage shall be inatituted, the court having jurisdiction thereof may appoint a receiver of
the mortgaged property and apply those rents and profits to the indebtedness hereb3 secured, regardless of
the aolvency of the Mortgagor or the adequacy of the security.
IN WITNESS K'HEREOF~ the Mortgagor has executed this mortgage under sesl on the dste and
year first above written.
Sign , sealed and delivered TH1~ Tr,.
~ t~ presence of: -
~ - • ~ ~.~r~ ~ r~k L _ (SEAL)
_
(SEAL)
As itnesses to , ort a rs.
STATE OF `
~
COUNTY OF, .
Before me. ~-'L ~ - ~ ~L2G~1'~ to me
well knowrn and known to me to the individual described in and who execu e ing inatrument and
acknowledged before me tha t~ executed t~te ^ for the ~u~rposes t erein exp
~ .
Witness my hand and sesl thi~~_'~~~~ oi
~ • ' ~
, _ • lvotary iR or the County an State atoresaid.
~ • . • , , .
My comtniasion expirea` - I y 7 G
• " ~ E00+( yAGt
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