HomeMy WebLinkAbout1044 'l~ we or either Ol :i:+, W[tr;;icr princ?;~:~~. 8~'CUC~~}~~ ~'t3: r~~ntor. l'IttiUCSCT~ 4~ .~NC pF1C6)' hQI'CiU~ d$rC0 LO
joi~~tiy and several1y bound. I or we. euch Yurther waive demnnd. protest and notice of demands. protest~ end
nonpzyment, FEDCRAL TRUTH I\' L~NDI:~'G DISCLOSURES •
~ a. Cush Price ~ 7~ 500.00
b. Cn.sh Downp~?yment ~ ? 50 . 00 _
c. Unpaid B1tlnce of Cash Price ~ ~
Amount T~'innnced (a--b) S 6,? 50 . 00 o a
d. FI\'AI~~CE CIiARG~ (cansisting solely of a ~o
time price di(~erenti~l) ~ 2, 024.90 ~-~t?'~'%-ts
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r`~ ^ a'~ v~~ IA
e. Deferred Puyment Price (u-}-d) q 9, 524.40 ~ 0.;~~~A jw~
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ca y ,~o ~
f. Total of Payments (c-~d) e 8,??4 .40 ~
V 1 fO
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A`•I~,~UAL PERCENTAGE RATE 10. 85 ~o
I. we. or euch of us. whether principal~ security. guarantor. endorser or other party hereto. agree to
~a jointly and sever111y bound. I or we~ eACh further waive demand. protest and notice of demand, protest and
r:onpaymeni. •
JiORTGAGOR FURTIiER AGR~CS:
1. To make all payments required Uy that note and thia mortgage promptly when due.
2. To pay alt taxes, assessments, ~iens and encumbrancea on that property promptly when due. If
::~ey are not prompily paid, the ,l'Iortgagee may pay them without waivins the option to forectose. and such
;~:tyments, with interest thcreon from the date of payment at the same rate as apecified in that note, shall ~
..:so be secured by this mortga~e. ~
3. Z'o commiL. permit. or sutTer no wASte. in~puirment or deterioration of the mortgaged property,
4. To pay n11 expenses reasonably incurrcd by the ~Iortgt~~ee because of failure of the :1Sortgagor
'.o comply with the a~;reemenkg in that note or tbis mortgage, including reasonable attorneys' fees. The cost
t i~ereof~ with interest thereon from the day of payment at the same rate as speci}'ied in that note, ahail atso
:~e secured by this mortga~e. ~
5. If any pnyment providecl for in thnt note is not pnid within 30 days after it becomes due. or if any
:,~rccment in this mort~;a~;e oLher th:?n the ngreement to make the pzyments is bre~ched, the entire unpnid
,>rincip.~l balance of tha! note shali immedi:etcly 1>ecome due 1t the option of the Mort~~fiee. a~3d the lTort-
r;:~~~ee m:~y forecto~e this mort~,*a~;e in thc m:u~ncr provided Uy law. and hAVe the mortbaged property sold to
:;~.:isfy or upply on the indebtcdnc.tis hereLy gccured.
6. The rents and profits of the mort~;~cged property are also hereby mortgaged~ and if proceedings
:o forectose this mort~;a~e shnli be instituted, the court having jurisdicteon Lhereof mAy appoint a receiver of
:~e mortg:?ged pro~erty and apply those rents ~nd profits to the indebtedneas herebs• secured, regardlesa of
;i~e sotvency of the 111ortgagor or the ndequucy of the security.
IA' ~VITA'ESS WHEREOF. the :Kortgugor has ~?acecuted this mortgage under aeal on the date and
ear first nbove written. . •
~i~;ned, seuted and delivered
in ~ ~sence ~ ~
~ ~
J
_ ~ '''.~6~ (SEA~.) ,
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~Y~~il~%
~1s Witnesses t . rtga~or
~ ~ ~-3E1~,,:,
aTATE OF - /3~~=
COUITY O ~ v y-' I•
Before me, J ~ ~~e !<r
we:l known and kn me !o e individual described in and who exec the foregoing i~s~at~~irlx~p~,~ad';'~~
rw~nowledgecl before me thu execu the `tc
pu s t expressed. ,
r? '~<<:~,
Witr~ess my hand and aeal thi4~ day o
ti'o ~n a for t e County and State aforesaid.
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~fy commi~ion oxpirep ~ ~
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