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I. we or either of us, whether principul, security. quarantor, endbiset. or other~party hereto~ agtee to
be jointly and severally bound. 1 or we, each further wai~•e•demand. protest and notice of deme~nda. proteak and
nonpayment. FEDERAL TRUTH IN LENDING DISCLOSURES
a. Gash Price g 6, 000 . 00
l~. Ca.Sh Downpayment g 600 .00 7O' "
c cs~ ~n~
fr7 a -
:7 t 7J f" fl~+t
c. Unpaid Balance of Cash Price ~ T~Aa
Amount Financed (a-b) $ 5 , 400 .00 ~ i
r-.~~ 21~:
d. FI1'ANCE CHARGE (consisting solely of a " 1~
C;n
time price differential) ~ , 9. 0 ~
0~ a~~o~ i/+
e. Deferred Payment Price (a-}-d) $ 7,619.40 ~ o`~>o ~
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f. Total of Payments (c~d) g 7,019.40 '
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~ ANNUAL PERCENTAGE RATE 10 . 85 qo
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 waive demat~d, protest and notice of demand, protest and i
nonpayment.
11i0RTGAGOR FURTHER AGREES:
1. To make all payments required by that note and this mortgage promptly when due. +
2. To f
pay all taxes, assessments, 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 such ;
payments, with interest thereon from the date of payment at the same rate as specified in that note shat!
also be secnred by this mortgage. ' ;
3. To commit. pern~it, or suffer no a•aste~ impairment or deterioration of the mortgaged praperty. ~
4. To ~
pay all expenses reasonably incurred by the MoMgagee because of faiture 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 pa~~rnent at the same rate as specified in that note, shaU also
be secured by this mortgage.
5. If any payment provided for in that note is not paid within 30 da3 s after it becomea due. or if any
agreement in this mortgage other than the agreement to make the payments is breached, the entire unpaid
principal balance of that note sha11 immediately become due at the option of the Mortgagee, s~nd t}ie Mort-
sn
gagee may foreclose this mortgage in the manner provided by law._and have the mortgaged property sold to
satisfy or apply on the indebteciness hereby secured.
i 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
to foreciose this mortgage shall be instituted, the co~art having jurisdiction thereof may appoint a receiver of
the mortgaged property and appl3~ those rents and profits to the indebtedness hereb~ secured, regardless of
~ the solvency of the Mortgagor or the adequacy of the security.
i IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
year first above written.
; Signed, sealed and delive
; in the p ence of :
-
r _ . (SEAI.)
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! As Witnesses the ortgagors. ' ' ~ ~ / ~
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STATE OF = ` ~ ~ r. ' " = ~
c~ ; - _ _
COUNTY OF ` , " ~ ~ c~ = ~ ' :
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Before me, _ ; ,•'•.,PF~.~~•`~\~~~ _
well known and known to me t be the individual described in and who executed the foregoing iti~Yc~et~
acknowledged before me that~executed the same for the .~~+~~~t• -
~ purposes there' pressed.
Witness my hand and seal this~day o g ~
No ry in an o he County and State aforesaid.
My commission expires .
. _ . $8EI1( 3~~~
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