HomeMy WebLinkAbout0849 I. we or either of us. whethcr princtpnl. security. gusri?ntor, endoraer. or other pstty hereto~ sgree to
be jointly and severally bound. I or we, each further waive demand. proteat and notice oi~demande. profeal. and
nonpayment. FEDERAL TRIJTH IN LENDING DISCL03URES
a. Cash Price ~ 6. 500.04
- b. Cash Downpayment g 650. 00
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c. Unpaid Balanc~ of Cash Price ~i ~
Amount Financed (a-b) ~ 5, 850.00 a b~
~o
d. FINANCE CHARGE (consisting solely of a m S
time price differential} 3 1, ? 54 . 40 4':+
~ ~ .
e. Deferred Payment Price (a-}-d) e~ 8. 254:40 T: ~
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. f. Total of Payments (c-~-d) ~ ? , 604 . 40 ~ ~ ~
~ _x ~
ANNUAL EERCENTAGE RATE 10. 85 qo ~
I~ we, or each of us. whether principal. securlty, gunrantor. endomer or other party hereto~ agree -to
be jointly and severally bound. I or we. each further waive demand. protest and notice of demand, protest and
nonpayment.
4IORTGAGOR FURTI~ER AGHEES:
1. To make all payments 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 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 rea.4onably incurred by the Mortgagee because of failure of the Mortgagor
to comply with the t?breements in that note or this mortgage. inctuding reasonable attorneys' fees. The cost
thereof. with intcrest thereon from the day of payment at the same rate as speciRed in that note, ahall also
be secureci by this mortguge.
5. If any payment provided for in that note is not paid within 30 days after it beoomes due, or if any
agreement in this mortgage other than the agreement to make the pakyments is breached. the entire unpaid
principal balance of tha± note shall immediately become due at the option of t?~e Mortgab?ee, and the Diort-
gagee may forectose 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 mort~;abe shnil be instituted, the court having jurisdiction thereof may appoint a receiver of
Lhe mortgagecl property and apply those rents and profits to the indebtedness hereby secured. regardless of
the solvency of the :~iort~;ab*or or the adeqaacy of the security.
IN WITNESS WHEREOF~ the Mortgagor has executed this mortgage under seal on the date and ~
year first at~ove written.
Signed. sealed and delivered
in the presence of :
(SEAL)
r
~ .
~ (SFAL) ~
As Witnesses to the Mortgagors. ' ST. LUCt OUNn' LA. '
' "OGER ~~~7RA5 (,Q
STATE OF ~ , 254~,.y3 CLERK ~fi~CUtT COURT~
PFC~R:'• YE? r:E`J~..~~..,~
covx~r oF " ~ Nar 11 8 os AH'73
Before me, to me
weli known and known to me the individual described in and who executed the foregoing instrument and
acknowledged before me tha ecuted he same for the purposes ~h ressed.
,
Witness my hand and seal this.~~daY o •8 _ :
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