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HomeMy WebLinkAbout0861 1~ N@ Ul !~lle~'l Of US~ whet~icr princi}~a~. 8O'1;U~i~~ ~$UAY'd~~WC~ ~.'i~UUiSIi~ U~ 1~~,~~~;1" ~-.~~i~ ~~~:1't,'~1~~ utyll.`Q i•: be jointly and aeverally bound. I or we, each further waive demand~ protest and notice of demands, proteet, and nonpaymenk FEDERAL TRUTH IN LENDINC DISCY.OSURES a. Cash Price g 6~500. o0 2S4'782 ' b. Cash Downpayment g 650.00 ~ - ~ w if An Nw c. Unpaid Balance of Cash Price 5, 850.00 ~A„r~ Amount Financed (a-b) $ ` { ~ o ~ t~fAm-A d. FINANCE CHARGE (consiating solely of a A_:..^_ time price differentiat) g 1, 754 .40 t7o ao~ o ~~.=.Z~ a. T ~ ~ e. Defei•red F.~yment Price (a-+-d) ~ 8, 254 . 40 ~ 0 a N~v ?,604.40 y° f. Total of Payments (c-}-d) g w~ ANNUAL PERCENTAGE BATE 10. 85 ~ ~ 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 waive demand, protest and notice of demand, proteat and nonpayment. MORTGAGOR FURTHER AGREES: - 1. To make all payments required by that note and this mortgage promptly when due. 2. To pay all taxea, assessments, liens and encumbrances on that property promptly when due. If they are not promptly paid~ the Mortgages may pay them without waiving the option to foreclose, and such pnyments, with interest thereon from the date of payment at _tl~e._ same rate as specified in that note, shatl also be secured by this mortgage. 3. To commit~ permit. or suf~er no waste~ impairment or deterioration of the mortgaged property. 4. To pay all expensea reasonably incurred by the l~tortgagee because of failure of the Mortgagor to comply N ith the agreementa in that note or this mortgage. including reasonable attorneys' fees. The coat thereof. with interest thereon from the day of payment at the same rate as apecified in that note, ahaU 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 thaS note shall immediatety become due at the option of the Mortgagee, and the Mort- gagee m$y foreclose this mortga~te in Lhe manner provided by law. and have the mortgaged property sold to satisfy or apply on the indebtedness hereby aecured. - 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 reeeiver of the mortgaged property and apply those rents and profits to the indebtedness hereb~• secured, regardlesa of tne solvency of the 111ortgagor or the adequacy of tbe aecurity. ~i IN WITI~ESS WHEKEOF. the Mortgagor has executed this mortgage under aeal on the date and ~ year first above written. . ' f Signed~ aealed and delivered i in the presence of : ~ ; - s]~ e, d~ ~ ~ _ d/G~i?tD~O~--~° (SEAL) ! . ' (SEAL) As ~Yitness to the Mort{ago - STATE OF p"~--, . COUNTY OF Before me~ ~ ~ well known and kr~uwn to me t the individual d i in and who executed the foregoing inatrument and acknowledged before me tha ecuted t e same for the urposes tl~ ein ~a ased:~``''~ .n-~s~s~~. ` ~ W itness my hand and aeal thi~day of •f ' ~ - - . . ; ' No s?nd or the County an~ . ~o~: ~ , E ~ ~ "r^J 4. ~ Aiy commiaeion expirea G-G - 76 . ~ < - ~ ' r • . . ~ ; 1 h, t ry ~~.a. ~ . ~ sooK21~ 8b'2 X"'~ ` . z - - ~ - . s w~~a~~' ;a.,~ ; e~:~°-~s.~"a"-~ ~ ~ ` _ ..~~'~"`'..=._~_.~7