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HomeMy WebLinkAbout0810 I. we or either of us, whether principal. security~ guarantor~ endoraer. or other party hereto~ agree to be jointly and severally bound. I or we. each further waive demand. proteat and notlce oi demanda. pmtea~ snd nonpayment. FEDERAL TRUTH IN LENDING DISCLOSURES a. Cash Price g 6000.00 262921 b. Cash. Downpayment $ 600 . 00 c. Unpaid Balance of Cash Price 5400.00 ~ Amount Financed (a-b) $ d. FINANCE CHARGE (consisting solely of a - i~i~."^ Q'~° s~ time price ditTerential) $ a'~M~= e. Deferred Payment Price (a-}-d) ~ 7619.40 W~' ~~GO,. 3 dy1~~ f. Total of Payments (c-}-d) g 7019.40 ~ q,~~„~ - _ _ ~--sar- ANNUAL PERCENTAGE RATE 10•~ r/o 'y - w ~r I~ we. or each of us~ whether principal. aecurity. guarantor~ endorser or other party hereto~ agree to be jointly and severaUy bc~und. I or we, each further waive demand. protest and notice of demand, pmtest and nonpayment. MORTGAGOR FURTHEB AGREES: 1. To make all paymenta required by that note and this mortgage promptly when due. 2. To pay all taxes. asaesaments, liens and encumbrancea on that property promptly when due. If they are not gromptiy 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 apecified in tha~ note, shall 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 reasonably incuned by the Mortgagee because of failure of the Mortgagor j to comply with the agteements in that note or this mortgage, including reasonable attorneys' -fcea. The cost k thereof, with interest thereon from the day of payment at the same rate as specified in that note. shall 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 j 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 provided by law. and have the mortgaged property aold to ~ satisfy or apply on the indebtedness hereby secured. ~ 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proccedings ~ to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of ~ the mortgaged property and apply those rents and profits to the indebtedness hereb3 secured. regardless of ~ the solvency of the Mortgagor or the adequacy of the security. IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and ~ year fcrst above written. Signed, sealed and delivered ~ in e presence of : ~ ?~~iM~ r~ ~ ~ (SEAL) ~ ~ • ( SEAL) ~ As Witnesses e Mortgagors. ~ - _ _ ? STATE OF , ~ COUNTY OF S/, LUC/E ~ F~ S'/~f .~S A~,o ~l/~f,~iG~i~/ s9/1,~,~5 ~rs tdirr~") me ~ Before me, ~ well known and known to me to be the individual described in and who executed the foregoing instrument and acknowledged before me that__ ~~Yexecuted the same for the purposes therein expressed. ~ . ~ ~ - ~ Witness my hand and seal this r G day of 19~ ~ ~ ~:ti ~ Notary in a fpr ~he Count~? 8nd State afore.gaid. ~ ~,~y = ~ My commiasion expires / ~ ~ ' ° " ~ : ~ ~ ~ - ^ ~1 -'~N'"'. GaA-M1ET-!03 ' oO~11~~V r~{K VOV ~ - ~ . . . • ~~.~~~~;sy___.,s~ . _ . ~