HomeMy WebLinkAbout0873 I. ~re or either of ua. whether principal. aecurity~ guarantor, endoraer~ or other parEy hereto. agree to
be joinUy and severaliy bound. I or we. each further waive demand. proteat and notioe of demanda. pioteak snd
nonpaytnen~ FEDERAL TRUTH IN LSNDING DISCLOBURFS
a Caah Price a 7. 000.00
"Q`~ ~ b. ~Caah Downpayment t 1, OSQ~.00_. o
o~~,~ = of caah price/ ~ a=~
'~K~ c. Unpaid Batance/Amouht ~nanced (a-b) $ 5; 9S0.00 ~ -
W ~ d. FINANCE CI~iAItGE (consiating solely of a ~~~r
r ti.;, time price differential) ~ 3, 331. 28 ~ 3
'~OK} - p•~`^
~a e. Deferred Payment Price (a~.d) ~ 10, 331.28
~N VL ~
a ~ f. Total of Payments (c-}-d) ~ ~81.28 . ~ ~ a .
Z~4~91' - ANNUAL PERCENTAGE RATE 11 • 99 ~,o ~
I. we. or each of us, whether principsl, 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~ protest and ~
nonpayment,
MORTGAGOR FURTHEB AGREES:
1. To make a11 paymenta required by that note and this 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 maq pay them without waiving the option to foreclose~ and such
paymenta, with interest thereon from the date of paymenL at the same rate as apecified in that note, shall
slso be secured by this mortgage.
3. To commit~ permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all e~cpenses ressonably incurred by the Mortgagee because of failure of the Mortgagor
to comply with the agreements in that note or this mortgage, including reasonable attorneys' fcea. The cost
thereof, with interest thereon from the day of payment at the same rate as specifierl in that note, shalt also
be secut~ed by this mortgage.
6. If any payment provided for in that note is not paid within 30 days after it becomes due. or if sny
agreement ue this mortgage other than the agreement to make the payments is breached, the entire unpaid ~
pri~ipal bslance of tha± note shall immediately become due at the .option of the Mortgagee, and the Mor~
gag~ee may foreclose this mortgage in the manner provided by law~ and have the mortgag~ed prnperty sold to
satisfy or apply on the indebtedn~ss hereby sec~d.
6. The renta and profits of the mortgaged property sre also hereby mortgage~, and if pmccedings
to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of
the mortgaged pmperty and apply those rents and prnfits to the indebtednesa herebs• secured~ regardless of
the eolveney of the Mortgagor or the adequacy of the security. . _
IN WITNESS WHE~tEOF, the Mortgagor has executed this mortgage under seal on the date and
, yeat Srst above written.
~ 3igned, sealed and delivered ' ` - ~.'9
! ia the presence of : _ f.
~ ($EAL) ?
As Witnesses to the Mortgagors. (SEAL)
STATE OF ~~~r~+f'GV , ,
COUNTY OF ~O( - l
Before me, ^ ~ to me
~
well kiwwn and known to me t e' ividuaj deecri in and who executed the ioregoing instrument and
! a~cknowled `
; ged tefore me tha igd~ft~,' e r the purposes therein
; Witnesa my hand and se~il -t1~~~6~~"-"•
~ day l~#'
` t: i~ ' 4., :tM~ v J, ~
s''< < ' • • ~ ~ ` ~1 j~•3-' ~ . ~totary in and fo the unty and 3tate aforesaid.
Ea.: .-r . • . `
; My oommission expirea • . ~ ~ -G - JC
BOOK2~4 PACE
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