HomeMy WebLinkAbout2040 I. we or either of us, whether principal, security. guarantor, en~orser, or other party hereto. agree to
be jointly and severally bound. I or we, each further waive demand. protest and notice of demanda~ protest~ and
nonpayment. FEDERAL TRUTH 1N LENDING DISCLOSURES ,
2659~'7
a. Cash Price g 8, 000. 00
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b. C.ash Downpayment $ 4, 000. 00 ~
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c. Unpaid Balance of Cash Price 4, 000. 00 -"T~r'=
Amount Financed (a-b) $ ~ _or.
d. FINANCE CHARGE (consisting solely of a o a~
time price differential) $ 1,199. 60 ~ ~,A-~
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e. Deferred Payment Price (a-}-d) $_9 ~ 199. 60
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f. Total of Paymen~4 (c-{-d) $ 5,199. 60
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ANNUAL PERCENTAGE RA'1'~ _-1 ~ 8 S 7
I. we. or each" of us, whether principal. security. guarantor, endor~er ur other party heretu, agree to
be jointly and severally bound. I or we~ each further waive demand. protest and notice of demand, protest and
nonpayment.
MORTGAGOR FURTHEB AGftEES:
; 1. To make all pa~?ments required by that note and this mortgage promptly when due.
~ 2. To 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, shall
~ also be secured by this mortgage.
I
~ 3. To commit, permit, or suffer no waste. impairment or deterioration of the mortgaged property.
° 4. To pay all expenses rea.sonably incurred by the Mortgagee because of failure of the tiiortgagor
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 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
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 MQrt-
gagee may foreclose this mortgage in the manner provided by Iaw, and have the mortgaged property sold to
satisfy or apply on the indebtedness hereby secured.
6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
to foreclose this mortgage shall be inatituted, the court having jurisdiction thereof may appoint a receiver of
the mortgaged property and apply those rents and profits to the indebtedness hereb~ 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 first above written.
~ Signed, sealed and delivered
~ in the presence of : t
~ ,
~ <i r ` J (SEAL)
~ ~ _ /r~`"'" (SEAL)
_ As itnesses~ Mort agors.
` STATE OF ~~/t~~ _
J
~ ~!~7~C `
~
; COUNTY OF . J -
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me
Before me~ - • :
well known and known to me to the individual described in a who executed the foregoing instrument~nd
~`x . ' ,
~ acknowledged before me tha executed the same for the rpose:c therein expresse~. ~
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` Witness m and and sesl this /
-~day of , 19 ` ~
~ ~ ig , - ~
~op~z P~~E20 No.~,Y ~~~r~. S F. t -
My ~om ~ i°f 'O'•~'~ n for th unty and State aforeaaid1',
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~ eondc~ L~ a,...:~n 1 r. S.,, . y-~
My commission expjres
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