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HomeMy WebLinkAbout1024 • ~ . I. we or either of us, v?hether principal, security, guarantor. endo~sat~,i or othbe party hereto. agree to be jointly and severatiy bound. 1 or we. each further wai~•e demand. protest and notice of demanda. proteet, and nonpayment. FEDERAL TRUTH 1N LENDING DISCLOSUItES a. Cash Price $ 5, 500 .00 ~ h. Cash Do~ti~npa~~ment ~ R2S ~,QQ ~ aa. c, Unpaid Balance of Cash Yrice 4 67 00 ~ ~ r ~r Amount Financed (a-U) $ ~ S. .~p~o~~ t+c ~xo~o d. FIIv'ANCE CHARGE (consisting solely of a time price differential) $ 2~ 617 .16 ~~a° N ~ «c~: ~ 0~~:2~ O e. Deferred Payment Price (a-{-d) ~ 8,1Z7.26 ~ f. Total of Payments (c-}-d) g 7~ 292 .16 ~ ~N'° w ~ ANNUAL PERCENTAGE RATE 11 • 99 qo ,~~,~'~~tl! 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 aaive demand, protest and notice of demand, protest snd nonpayment. MORTGAGOR FURTHER AGREES: _ 1. To make all paymentsr required by that nota and this mortgage pmmptly when due. 2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. If they are not promptly paid, the biortgagee may pay them without w•aiving the option to foreclose. and such , payments, with interest thereon from the date of payment at the same rate as specified in that note, shall also be secured by this mortgage. ~ 3. To commit, permit, or sufier no wa3te, impairment or deterioration of the mortgaged property. 4. To pay all erpenses reasoi~ably incarred 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, shaU atso be secured by this mortgage. 5. If any payment provided for in that note is not paid within 3Q 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 balance of tha± note shall immediately become due at the option of the Mortgagee, and the Mor~ gagee may foreclose this mortgage in the manner pro~ ided by iaw, and have the mortgaged property sold to satisfy 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 mvrtgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of the mortgaged property ai?d apply~ those rents and profits to the indebtedness hereb3 secured, regardless of the solvency of the Diortgagor or the adequacy of the security. 1N ~VITNESS ~t'HEREOF. the Mortgagor has executed this mortgage under seal on the date and year first above written. ~ Signed, sealed and deliv red - ~ in t presence of : ' j . . . , ~ . , ; i / ' - - •''(~EA`I'f ~ ' ~ . : `'(S~AI~ ~ Y i i • ~l 'U V i ~ ~ As itnesses to the Martb?agors- ! ~ j • ' - 1~ • _ ~ _ e . STATE OF- - ' ' ' J ' ' : r~ ~ COUIv'TY OF . • , . j`\\ r; ~ ~ ~r~.~.,.~~•'~' Before me, to me ~ w•ell known and known to me to be the individual described and who executed the foregoing instrument and acknowledged before me that__ ~.Lexecuted the ~ame for the purposes etn ed. ~Yitness my hand and se~l thi~_ ~ d~of _ ~ Y Nota ~n an for e Co ty nd State aforesaid. My commission expires _ • . , i i - - _ . . - , ~ ~4DK ~?17 FA&~~~~~ ~ ~ ~ ~ - - ' : ~ - _ - - - , ~ ~-z~.~_~.'~~'.~