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HomeMy WebLinkAbout0818 . • I, we or either of us, whether principal, security. guarsntor. endoraer. oT other pacty fiereto. sgtee to be jointly snd aeveraUp bound. 1 or we. each further waive demand. protest and ~tioe of demanda. pmtest, and nonpaqmenk ~DEItAL TRUTH IN LENDING DISCIASU1tES a. Cash Price ~ 6500.00 b. Cash Dovrnpayment , ~ 975.00 26~i~'~ c. Unpaid Balance of Cash Price 5525.00 Amount Financed (a-b) $ d. FIi~'AI~'CE C:HARGE (c~ncisting s~lelv of ~ 30y~.~2 o~ .w~, time price differential) $ ~ ~ o~a n e. Deferred Payment Price (a~d) _ $ 9592•92 _ _ ac - - - 4v - y?i - f. Total of Payments (c+d) - - - - ---g 8617.92 ~ o~~$A ~ ANNUAL PEBCENTAGE RATE 11 • 99 rJo = c°a~"~ so I. we. or each of ua, ~rhether principal. security. guarantor. endorser or other party h to be joinUy and severally bound. I or we. ea~ch furthe~r waive demand, pmtest and notice of demand, t and nonpay-ment. MOBTGAGOR FURTHER AGREES: 1. To mske sU payments required by that note and this raortgage promptly when due. 2 To pay all taaes, assessments, liens and encumbrances on that property pmmptlq when due. If they are not prnmptly paid. the Mortgagee may paq them without waiving the option to foreclose, and such payments, w~th interest thereon frum the date of payment at the same rate as specified in that note, shall also be secured by this mortgage.• 3. To rnmmit. permit. or sutTer no waste, impsirment or deterioration of the mortgaged property. 4. To pay all eapenses reasonably incurred by the Mortgagee because of failure of the Mortgagor i to oomply with the agreements in that note or this mortgage. including reasonable attorneys' fees. The oost ' thereof, Rith 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 pro~ ided for in that note is not paid within 30 days after it becomes due, or if any ~ agn~ent 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 Mortgag~ee, and the Mort- ~ gagee map fareclase this mortgage in the maaner pmrided by lav~. and have the martgaged prapertr so3d Lo ~ satisfy or app~y on the indebtedness hereby secured. e ~ 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings to foreclose this mortgage shall be instituted, the oourt having jurisdiction thereof may appoint a receiver of ~ ±he ~rtgagrd prnperty and aggly th~~ renta and pmfita to the indehtedness hereb} secured, r~gardless of the solvency of the 14iortgagor or the adequacy of the security. IN WIT1`ESS R'HEFEOF, the Mortgagor has eaecuted this mortgage under seal on the date and ~ year first above veritten. ~ ~ Signed, sealed and deli~ ered in the pres~nce of : J p . . / ~ ~ ~ ( f f..-, r ` . c_ L / / ~ ~ sEaT. ~ ( ) ~ ~ ' i ~ ~ ~4 - ~ _ i _ t3EALj ~ As Witnesses the M gagors. ~ ~ ~ ; STATE OF , _ COUI~'TY OF i - ~ . . ` Before me. V`- • to me ~ . _ well knoR-n and knov~n to me t- ' ividusl described in and xecuted the foregoing inatrumtnt,~nd ~ acknowledged before me iha ~ecuted the same for the p ses therein expres.ged. - ' - k'9 . . i ~C'~ ~ ~r~ - ' . R'itness my hand and 3ea1 this 8 day of . - ' ~ ~ n?'•.i _ ~^1 ~ ~ ~ ~ ~ . i o e Countq and State aforesaid. _ ~ Ayr t,en.,u~sicw Eip:.K Ma)r ~r// - So~~td Ey A.'k.':o.~ ~:r. j ~~w:l: .?:t ~ ~j~ CO~18810D expirea r ~ • xx ~t ~Qv R ~uiJ~?~ V ~ + 'X~.•E'-._ . ~ ~ ~ . _ _ ; s _ . . . - .t"J"`,~,~