HomeMy WebLinkAbout0841 I, we or either of ua. whether principal. security. gustantor~ endoraer. or oth~ party hento; ~ to
be jointly and severally bound. I or we, each further waive demsnd. proteat snd notioe ot dernaada. protesk and
nonpayment. FEDERAL TIiUTH IN LENDING D18CIASUItES
a. Cash Price ~!t 6, 5,~0. 00
b. Cash Downpayment s~" 650. 00 0
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c. Unpaid Balance of Cash Price . g d,:;_
Amoant Finanaed (a--b) E 5 j 850. 00 o:,
d. FINANCE CHARGE (oonsisting aolely of a r"
time price ditfereptial) 1. 754. 40 ~ ~ J
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e. Deferred Payment P~Ice (a-~d) 8, 254. 40
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f. Total of Paymenta (~-{-d) 7. 604. 40 ~ a
ANNUAL PEBCF.N~AGE AATE 10. 85 y~, "
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I. we, or each ot ue. whether prfncipal, eecurity, guararitot, mdoraer or otltec psrty hereto, agree to
be jointly and severally bound. I or we, each furthe~ waive dernand, pruteat and notice oi demand, proteat and
nonpayment.
MORTGAGOR FURTHEB l~GREE3: '
1. To make al! payments required by tbat note and thia tnortgage promptly when due.
2. To pay all taxes, sseesaments, liena and encumbrancea on that property promptlq when due. If
they are not promptlp paid, the Mortgagee may pqy them without,wsiving the option to foreclose, and auch
payments, with interest thereon from the date oi psymeat at the eame rate as apeciRed in thst note, aha11
also be secured by thia mortgage. _ -
3. To commit, pern?it, or atittter no waste, im~ent or deterioration of the mortgaged property.
4. To pay all expenses reasonably incurred by the Mo ~~~8ee because of failure of the Mortgag~nr
to comply with the agreements in that nate or this mortgage, incl~ding reaaonsble attomeya' iees. The coat
thereof, with interest thereon frnm the day of payment at the eame rate aa apecified in thst note, ahall aleo
be secured bq this mortgage.
5. If any payment provided for in that note ia not paid within 30 daya after it beoomea due, or if any
agreement in this mortgage other than the agreennent to malce the paymenta ia breached, the entir+e unpaid
principal balance of thaS note shaU immediately become due st the option of t~.e l[ortgsgee, and the Mort-
gagee may foreclose this mortgage in the manner provided by Isw, and have tbe mortgsged Droperty sold to
, satiafy or apply on the indebtedneas hereby aecur~d. :
6. Tbe rents and profits of the mortgaged property are also hereby mort~aged, and if proceedings
; to foreclose this mortgage shaU be inatituted, the oourt having jurisdiction thereot may appoint a reeeiver of
~ the mortgaged property and apply those rents and pmfita to the indebtednesa berebp secured, regardlesa of
i the solvency of the Mortgagor or the adequacy of the sec~rity. ~
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I IN WITNESS WHEftEOF. the Mortgagor haa_ executed tLis mortgage under eeal on the dste and
~ year first above written. . ' - - . , _ ,
~ Signed, sealed and delivered
~ in the presence of :
7 ~ _ ' C'q c~.! (SEAL)
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E As Witnesses to the Mortg rs ~ . (3EAL)
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!lE0 ~~1[ ~C RD
STATE OF ~ ~T~ RGC~: PO tITtA;~
~ ~ AECOf ~s~rl~.=iEo 60U~ ~ '2a~'?r~j'~r •
; ,ovxTY oF
, Before me, ~ ~ to me
~
,
s well known and kno to me t the individual deecxibed in aad wbo ~xxecuted the foregoing inatrumeat And
` acknowledged before me that ecuted the same for the purpo herein e~re~peed,, ,
,
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t Witnesa my hand and seal thia dAy
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g - Notsry in for th~ nnt~g ~~t~ aforeaaid.
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° My commisaion expires _ ~ G . ~ _ 7~ ~ w~ • .
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