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I. we or either of us, whelher principal, security, guarantor. endorser. or other party hereto; agree to
be jointly and severally bou~id. I or we, each further waive demand. protest and notice of demands. proteak and ;
nonpaymen~ FEDERAI. TRUTH 1N LENDING DISCLOSURES
a. Cash Price ~ 9~ 000. 00
b. Cash Do~vnpayment g 1. 35U. 00
c. Unpaid Balance of Cash Price
• Amount Financed (a-b) ~ 7, 650. 00
d. FINANCE CHARGE (consisting solely of a 2g3. Z6
time price differential) $ 4 ,
e. Deferred Payment Price fa-r-d) ~ 13, 283. 76
f. Total of Paymenfs (c-}-d) ~].l, 933. 76
ANNUAL PEBCENTAGE RATE ll . 99 qo
I. we, or each of us, v~::ether principal. security, gusrantor, endorser or other party hereto, agree to
be jointly and severally bound. I ar we. each iurther waive demaTtd, protest and notice of demand~ protest and
nonpayment
MORTGAGOR FURTIiER AGREES: ~
To make all payments required by that note and this mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property pmmptly when due. If
~ they are not promptly paid, the Mortgagee may pay them without waiving the option tu foreclose, and such
payments, with interest thereon from the date of paqment at the same rate as apecifted in that note, shall
also be secured by this mortgage.
8. To commik permit. or suffer no waste, impairment or det~rioration of the mortgaged progerty.
4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the ffiortgagor
to comply with the agreements 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 specified in that note, shall 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 anq ,
agreement in this mortgage other than the agreement to make the payments is breached~ the entire unpaid
principal balance of thaf note shaii immediately beoome 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 pr~perty sold to
saUsfy or apply on the indebtedness hereby securad. _ _
' 6. The rents and profits of the mort a ed ~
, g g property are also hereby mortgaged, and if proceedings
; Lo foreclose this mortgage shall be instituted. the court having jurisdiction theieof may appoint a receiver of
~ ~he mortgaged property and apply those rents and profits to the indebtedness hereb3~ ~ecured, regardless of
~ the solvency of the Mortgagor or the adec2uacy of the security. -
I IN WITNESS WHEREOF. the Mortgagor has executed this mortgage under seal on the date and
I year first above written. - . - . . . '
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~ Signed, sealed and delivere~ ~ - !
f in the p. ce of : #
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~ • • (SEAL)
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f r. . .
I
~ (SEAL)
; As ti'Vitnesses to the Mortg~gors. . ~
f-
STATE OF ~ '
•
COUNTY OF ,
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' Before me, ~ ` to me
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weli k~Q~n^~wd,;#nown to me to the individual descri in and who executed the foregoing instrument and
! ackno~v_l~~?~ey~i~,~e tha executed the same for the purpo ther expreased.
; - ~ J .S~i~. '8nd and sea2 this~day o
: }~Yfi
r ~ r ' ni . - . • z: t ,ar,E ~
. ~T ~n an for the County and State aforesaid. ~
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