HomeMy WebLinkAbout0921 i
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I. we or either of us. whether principal. aecwrlty. gusrsntor~ endorser. or other psrty hereto. agree to
be jointly and severally bound. I or we, each further waive demsnd. proteat u~d notice oi demanda. protest„ snd
nonpayment. FEDERAL TAUTH 1N LENDING D18CI.03URIy3
a. Cash Price a~.~500 _ 00 25482~?
b. Cash Downpayment g 650.00 ~ . ~ p
c. Unpaid Balance of Cash Price
Amount Financed (a-b) . a 5~ 850 . 00 ~~AOCv
d. FINANCE CHA~tGE (consisting solely of a
time price differ~ntial) ~ 1, ? 54 . 40 pp ~o
_ ~ ,ncocm
r ~,d ~ -1 Z A
e. Deferred Payment Ptice (a-}-d) $ 8, ~54 .40 = cy~o
? , 604 . 40 r~"
f. Total of Paymenta (c-}-d) # w
ANNUAL PERCENTAGE RATE ~ 10 . 85 0~ ~
I. we. or esch of us, whether principal. eecurity~ guaraator~ endorser or other party hereto. agree to
be jointly and severally bound. I or we, each further waive demsnd~ pmtest and-notice of demand. protest and
nonpaymenk
MORTGAGOR FURTHEA AGREES:
1. To make all payments required by that note and thia mortgage promptly when due.
2. To pay all taxes, assesaments, liens and encumbrances on that property promptly when due. If
they are not promptly paid. the Mortgagee may pay them without waiving the option to foreclose, and auch
payments, with interest thereon frum the date of payment at the same rate as apecified in that note, shall
also be secured by this mortgage. ~
3. To oommit~ 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 Mortgag~or
~ 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 ssme rate as specified in that note. shall also
€ be secured by this mortgage.
~ 5. If any payment provided for in that note ia not paid within 30 days after it beoomes 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 beoome due at the option of the Mortgagee, and the Mor~
gagee may foreclose this mortgage in the manner provided by ~aw, and have the mortgaged property sold to
satisfy or apply on _the indebtedness hereby seciued. .
6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
to foreclose this mortgage shaU be instituted, the oourt having jurisdiction thereof may appoint a receiver of
the mortgaged property and apply those rents and profita to the indebtedness hereby secured, regardless of
the solvency o# the Mortgagor or the adequacy of the security. _
IN WITNESS WHEREOF~ the Mortgag~or has executed this mortgage under sesl on the date and
year first above written. ~
Signed. sealed and delivered ~
in e presence of : ~
~ ~ (SEAL) ~
" L-tJ (SEAL)
As Witnesses to the Mortga rs. ;
~
. ;.a~
STATE OF .~~N
C c
COUNTY OF • t~~ ~
Before me, ~ t° me
well known and known to me t e individual described in and who executed the. foreguing instrument and
acknowl~ged before me tha executed the same for the purposes in expressed•
this ~ day 9 ' • - ~
Witness my hand and seal ,
~ t~ • f
o ' _ '
.l'; , .~d No in and i the Coun a~d.•S te ~ ~sai _
ta~ry tY ~ . . ~ - ~
y . -
yIy oommiaaion enpirca ~ ~ • i C `
~ 600K 214 PACE 9~~ ~
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