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I. we or either of us. whether principnl, security. gu~rantor, endoraer. or other party hereto. agree to
be jointly and severally bound. I or we. each further waive demand, proteat und notice oi dem~?nda. proteat~ nnd
nonpaymen~ FEDERAL TRUTH 1N LENDING DI3CLOSURES
a. Cash Price $ 6. 500. 00 .
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b. Ca.gh Downpayment ~ 650.00 ~ o~ ~
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c. Unpaid Balance of Cash Price `
. Amount Financed (a-b) ~ 5, 850.00 ~`:'^'~s
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d, FINANCE CHARGE (consisting solely of a A o~ ;s~
time price differential) $ 1, ?54 . 40 0~~o
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e. Deferred Payment Price (a-{-d) ~ 8, 254.40
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f. Total of Payments (c-}-d) 604 .40 ~
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ANNUAL PERCENTAGE RATE 10 85 ~~y
I, we, or each oi us, whether principai. aecurity. guar~?tor, endorser or other party hereto. agr~e to
be jointly and severally bound. I or we~ each further waive dernand. protest and notice of demand. protest and ~
nonpayment. -
1~IORTGAGOR FURTHER AGREES: i
l. To make all paymenta required by that note: and thia mortgage promptly when due. ~
2. To pay all taxes. assessments, liens and encumbrances on that property promptlq when due. If 1
they are not promptty 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 apecified 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 eacpenses reasonably 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 paqment at the same rate as specified in that note, ahall also
be secured hy this mortgage.
5. If any payment provided for in that note is not paid within 30 days after it becornes due. or if any
agreement 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 Mortsagee, and the :liort-
gagee may foreclose 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~,•age shall be instituted. the court having jurisdiction thereof may appoint a receiver of
; the mortgagecl property and apply those renL4 and profits to the indetitedness herebj secured. regardtess of
the solvency of the 1~Iortgagor or the ndequacy of the security. ;
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IN WITNESS WHEItEOF. the Mortgagor has executed this mortgage under seal on the date and
year first above written.
; Signed. sealed and delivered
~ in th presence of:
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` • AL)
` (SF.AL)
As Witnesses to the :Kortgagors. .
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STATE OF ~
COU:~tTY OF
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Before me~ to me
well known and' known to me t the individusl described in and ho executed the foregoing instrument and
e;c Lec;gqd%~efore me tha executed the same for the purposes in expressed.
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` j~ ~itnen~ fiy hand and seal this day o ~ J
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~ ~ ' , o ry in a for the County and State aforesaid.
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' °oeK 2~~ F~cE 893
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