HomeMy WebLinkAbout1056 1. we or either of us, whether princi~:~l. security. guarantor~ endbrs~~, or othee ~tt,y hereto. aRree to
be jointly and severally twund. I or we. ench further waive demand. proteat arid notice of demands. protest. anct
n~np:?yment. ~~I;UERAL TRUTN Ii~1 I.F,NUIYC DISCLOSURE3 `
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a. Cr~.sh Price . $ 6, 500 . 00 '
1,. Cash nownp<<yment ~ 9? 5•
~4 .
a
c. L'npuid I3ulance of Ca~h Price ~'~a om
Amount 1~ in:mccYl (:i-b) g 5, 525.00 ~~~ocR,
d. r'[\TA \'CI: GT[AIt(:t~: (ronxivtii~~; solety af a ~ ~ T
time pr•icc• a;rre~•enti<il) ~ 3,092.92 N T~;~o~ ~
. . O O ~ ~
e. Deferreci Payment Price (~-}-ci) q 9. 592 • 92 ..N~ o>~~ ~
y O
~ 1'~ m
f..Total of Payments (c-{-d) ~q 8,617.92 ~ ~
11 99 ~ w ~ `
Ah'I~'UAL PERCENTAGE RATE • ~ • • jo ,
I. we. or each of us. whether principal~ security~ guarantor~'endorser or other~parLy hereto. agree to ~
!,e jointly anc~ sever~llv bound. I or K~e, each farther waive demand, protest and notice of slemand~ protest and
nonpayment. ;
!1iORTGAGOR FURTHER AGRELS:
1. Tu mhke nl! ~ayments rc~uired by that note and this mortgage promptly vrhen due,
2. To pay alt taxes, A3.4C35ft1C)ltS, licns nnd encumbr.lncos on thut property promptly when due. If
they are not promptly paid, the ~4iurt~a~;ce niny pny them ~vithout v?aiving the optiolt to foreclose. and such
p~iyments, Hith interest thereon frum the datc of p:~yment 1t the s~me rate as ypecitied .in that note, shalt
al:+o !,e secured by thi:~ murt~.+~e.
3. To cummit. Ikrmit, or sufFer no ~+.~ste. impairment or deterioration of the mortgrtged prnperty.
~1. To pay .~II expense:+ re:~sonably incurred by the Mortga~ee because of failure of the DI~?rtgngor ~
to compfy with the x~?reementy in th:it nute ur tliis mort~,?a~e, including reasunable uttorneys' fees. The eost '
therc~,f. with interest t}?er~~,n fram the d:~y of p:~yment .~t the same rtite tis :~peeitiecl in thnt IlOfQ~ sh:~ll :?l~
be :~ecured by thi:~ mort~:i~;c.
5. if uny p:iym~nt prvvid~~l fur in th:~t note is not ~u~id within 30 dnyv nfter it i~ecomes due. or if ~tm•
.iicreement in t4ii, rn~,rl};:?,~e uther th:u~ the :~~crrement to mukc the pa~ments ia hrc~.lehecl~ the entire• e~ei~~ai~!
;,rincip.il b<<lance uf thu~ note sluiil inimccliatcly !>ecome due aL_the option of the biort~~gee, and the 11ort-
~,•.+~~ee n~.•y for~~~lu:~c t)six mart1?a~;e in thc m:usner provided by la~~, and have the mortgugecl pmperty suld to
sxtisfy or ftp~~ly on the indcl~tc.Yltte~s hereby sc~ured.
G. Thc rent~~ nmi prufitti of thc mort~,?.i~ecl property are alao hereUy mort~;aged~ and if proceedin~;s
t~, f~~recl~?se this murtita~:e ~:h.ill l,e~ instituteit, lhe court hnvih~ juris~lictiori thereof mz~ appoint a rc~ei~•er ~~f
i ! he morta~:~~,~ed pr~~~crriy~ anc! :ep~?l y th~~c rent:c <~nd I>rulits to the indebtecineas hereL~• secured~ regxrdless of
' the sulveiicy of Lh~s 1S~,rt~,?.~~;ur ur thi~ :id~~~u;~cy of the securit,v.
l
' I\ Wl'1'1r:~S W111~:1{F.UI~, the 11Zorl~~:~s~~~r haa exccuted this mortgnge under seal on the date imd
F ycar firsl :~Irwe wriL!cn.
~
i 5iirn~~cf, :+c.ited ~in~! delivcr~yl
i in thc preticnce of ;
~ /
~ ~ (SE~1L)
~ _ (S2?~~I.)
i As itne .~s to the i4lortg~~ors.
i
STATF, 0.- ~ ,
_ '
COU:V'1'Y OF' _
! Befnre me, _ , to me
well known t~nci known to me to i t e indi~~i~u:ei drscri ed in and who execu the foregoing instrument a~~d
.~cknoµ~i~rf};~K} }~efore me th:itc~~xecutcKl ±he ss~me for the pur~ses th rei expressed.
' 3
ZYitne.~s my h:~nd and ::eal thi~~,~
'~.~ciay of
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V~. c~ Ir'o ry 2n and for the County and State afores.lid. s
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