HomeMy WebLinkAbout0925 ~
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I. we or either of us, whether principal~ eecurity. gusrantor~ endoreer, or other pu#y hereto, agree to
be jointly and severally bound. 1 or we~ each further waive demsnd. proteat snd notice oi daminds, proteat, snd :
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nonpayment. FEDERAL TRiTTH IN LENDING DISCL03URE8 ' '
a. Cash Price ~ 6. 500 . 00 254830~
b. Cash Downpayment 650 . 00 a .
~ ~ v~
c. Unpaid Balance of Cash Price
Amount Financed (a-b) 5,850.00 ` v~arm
d. FINANCE CHARGE (oonsisting solely of a '"~`"Z
time price differqntial) 1, ? 54 . 40 c~ G m
~ ~ °~a~
r 8 254.40 ~ o
e. Deferred Payment Ptice (a-~-d) a ~ N~o
s
f. Total of Payments (c-{-d) ~ 4~~ 7. 604 . 40 . .y 'O
: , w :
ANNUAL PERCENTAGE RATE ' 10 . 85 ~ fi
I~ we. or each of us, whethejc principal. aecurity,_guaraut~os;=endorser or other party hereto~ agree to ~
be jointly and severally bound. I or we~ each further waive d~nand. proteat and notice oi demand~ protest and
nonpayment. . = ~
MORTGAGOR FURTHER''~GItEES:
1. To make all paymente re4uired by that note and thia mortgage pmmptly when due. ~
2. To pay all taxes~ ssseas~uents, liens and encumbrances on that property promptly when due. If ~
they are not promptly paid, the Mor~gagee may pay them without waiving the option to for¢close. and such
payments~ with interest thereon frott~ the date of payment at the same rate as specified in that note. ahall
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 rea.gonablq incurred by the bfortgagee because of failure of the Mortgagor
to comply with the agreements in that note or thia mortgage~ including reasonable attorneys' fees. The cost
there~f, with interest thereon from the day of payment at the ssme rate as specified in that note, ahall also
; 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
~ agreernent . in this mortgage other than the agreement to make the paymenta is breached, the entire unpaid _
principal- balance of tha± note shall immediately become due at the opNon 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 secu~d.
6. The rents and profifs of the mortgaged pmperty are slso hereby mortgaged, and if proceedings _
to foreclose this mortgage shall be inatituted, the oourt having juriadiction thereof may appoint a receiver of
the mortgaged property and apply t~hose rents and pmfits tfl the indebtedness hereby secured, regardless of
the solvency of the Mortgagor or the adequscy of the security.
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and ;
year first above written. ~
Signed, sealed and delivered
in the presence of :
gC[
1 ~4°^~ (SEAI')
~ a , (SEAL)
As itnesses to the Mortgago
G1~~ - , ~
STATE OF .r
COUNTY OF ~ ~ ~
Before me, ~ to me
well known and known to me e individual described in and who executed the foregoin~ instrument and
acknowledged before me tha ecuted the same for the purposes ' expreased•
•
a8y Of • ~ ' ~ ~ .
Witness my hand and seal t j; , -
. - ~ ~'a~, •~a ~
. r.,• I , - ` , 'J S
~ Notary in an or the County and State a,Eoresaid. . ~
~ 1 ' ~ _ ~
My oommiasion expires 1 _ ~ . - ' ; f .
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sooK 2~4 PAGE 924 : - ~
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