HomeMy WebLinkAbout0901 I. we or either of us. whether principal. security, guarantor. endorser, or othef patty h~e'!o~ sgree t,o
be jointly and severally bound. 1 or we, each further waive demand. protest at?d notice of demanda~ proteat~ and
nonpayment. FEDERAL TRUTH 1N LENDING DI3CLOSURTS '
:
a. Cash Price $ 9,,OQQ_ 00
b. Cash Downpayment $ 1~ 350. 00 a
Jr ;~1~
c. Unpaid Balance of Cash Price ~~;~c
Amount Financed (a-b) $ 7, 650. 00
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d. FINANCE CHABGE (consisting solely of a ~ a G;~
v=,_iss,
time price differential) $ 4. 283. 76 Q? ~
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e. Deferred Payment Price (a-~d) ~ 13, 283. 76 ~
11, 933. 76 ~
f. Total of Payments (c-{-d) g ~
ANNUAL PERCENTAGE RATE 11. 99 % ~'~f ~ y'
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, protest and
nonpayment.
MORTGAGOR FURTHER AGREES:
1., To make ali payments required by that note and this mortgage pmmptly when due.
2. To pay all taxes~ assessments. liens and encumbrances on that pr+opcrty promptly when due. If t
they are not promptly paid. the Mortgagee may pay them without waiving the option to foreclose, sud such °
payments, with interest thereon from the date of payment at the same rate a.~ 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 expenses 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 payment at the same rate as specified in that note, shall also
be secured by this mortgage.
5. If any payment pravided 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 batance of tha± note shall immediately become due at the option.of the Mortgagee, and the Mor~
gagee may foreclose this mortgage in the manner provided by law, and have the mortgaged property aold to
satis#y 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~ mortgage shall be instituted, the court having jurisdiction the~eof~may appoint a receiver of ~
~ the mortgaged property and apply those rents and profits to the indebtedness hereb3• secured, regardless of
the solvency of the Mortgagor or the adequacy of the security. - -
i IN WITNESS WHEREOF. the Mortgagor has executed this mortgage under sesl on the date and '
year first above written. . ~
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E Signed, sealed and delivered - ~
~ in the ence of : ~
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' (SEAL)
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~ Witnesses th Mortgagors.
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` STATE OF ~
COUNTY OF .
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; Befo,r,e me, .y to me
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~ we~-R~yr~;t' atxl~'-~own to me the individual described in who executed the foregoing instrument and
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; acKn.owl~e~'•~Sefo~e me tha executed the same for
he purpos ein expressed. i
t ~,~Wl~t?esB~rfsy hand and seal this ~a day 19 ~
i ~ . ~ 3 ~ - ` ~~11 ~ ,...:~E ~ ~ ~
' ' Mr ct~~.. ~ ;3~6 Notary in and f r the Coanty and State aforesaid. '
t ' •,s r = ~ ~ . k~t'~9 L~ , . . . ~ 1~.e W. #
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~ My contmiasion ~ expires _ .
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