HomeMy WebLinkAbout0909 I. we or either of us. whether principai~ securtty. guarantor. endorser. or o~~r party I~erebo~ agres to
be jointly and severslly bound. I or we~ each further waive demand~ proteat ~wd notice oi demsnda. protaak and ~
nonpayment. FEDERAL TRUTH IN LENDING DISCIAS~JRSS ~
9. 000, 00 2~8~8 i
a. Cash Price ;
b. Cash Downpayment a l, 350. 00
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c. Unpaiu Balance of Cash Price ~ 650. 00 N ~~Ar~
Amount Financed (a-b) ~ ` ~o°
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d. FINANCE CHARGE (consisting solely of a O~ ~*r; ~
O
time price differential) ~ a 41.2 8• ~ o o~ p~~
e. Deferred Payment Price (a-}-d) - ~.~283- 76 = =H~o
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y sv
f. Total of Payments (c~-d) ~~,1, 933. 76 w ~
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ANNUAL PERCENTAGE RATE 11- 99 °Io
I. we, or each of us, whether principal. security. guarsntor, 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.
MORTGAGOB FU8THE8 AGBEES:
' 1. To make all payments require~ by that note and thia mortgage promptly when due.
2. To pay all taxes. assessments, liens and encumbrances on that property promptly when due. If
they are not promptly psid. the Mortgagee may pay them without waiving the option to foreclose, and such
payments. with interest thereon from the date of psyment at the ssme rate as apecified in that note~ shall
also be secured by this mortgage.
S. To commit~ permit. or suffer no waste~ impairment or deterioration of the mortgag¢d property. i
4. To pay all expenses rea.gonably incurred by the Mortgagee because of failure of the Mortgagor
to comply with the agreements in that note or thia mortgage, including reasonable sttorneys' fees. The cost
; thereof~ with interest thereon fmm the day of payment at the same rate as apecified in that note, ahall also
j be secured by this mortgage.
5. 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 agr.eement to make the payments is breached, the entire unpaid .
principal balance of tha*. note shall immediately become due at the option of the ldortgagee, and tb
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gagee may foreclose this mortgage in the manner pmvided by 2aw. and have the mortgaged property i
satisfy or apply on the indebtedness hereby securEd. ~ - _ ~
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6. The rents and profits of the mortgaged property are .slso hereby mortgaged, and if proceedinga
to foreclose this mortgage shall be instituted. the oourt having jurisdiction thereof maq appoint a receiver of
the mortgaged property and apply those rents and pmfits to the indebtednesa hereby secured, regardlesa of
the solvency of the Mortgagor or the adequacy of the security.
~ IN WITNESS WIiEKEOF, the. Mortgagor has executed thia mortgage under aeal on the date and
year first above written. - ' ~ -
Signed, sealed and delivered
in the esence of :
1 ~ ;
. ~ a~t'~-Q (SEAL) j
Z . : ~n(',,.Y.,r. c~ ~~tQ.C~G: (SEAL) ~
As Witnesses to the Mortgagors.
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STATE OF , ~~N
~
COUNTY OF
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to me ~
Before me,
well known and known to me t the individual described in and who ex ted the foregoing inatrument and
acknowledged before me tha ecuted the same for the purposes t ressed.
.
.;~~i,~~;m~~,}?~~d and seal thi day o
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N.~-~~~~ :~rs No in and or the County and 3tate aforesaid.
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