HomeMy WebLinkAbout2470 I. we or either of us. whether principal. security. guarantor. endorser. or other party hereto. agree to
be jointly and severally bound. 1 or we~ each further waive demand. ptutest and notice of demands. prntest~ and
nonpayment. FEDERAL TRUTH 1N LENI~ING DISCLOSUKES
t~ 26~266
? a. Cash Price , $_.9~ODD..D.Q-
~ ~ ~ ~ b. Gash Downpayment $ 900.00_ ~ p~ ~
,o r-
~ c. Unpaid Balance of Cash Price - `v ~o
= k~ ~ Amount Financed (a-b) ~ 8 ~100 . p;~
~ ~ ~ - c,o
m~ g d. FI\ArCE CHARGE (consisting solely of a ~~o~
~ 2 429.40 o n~?,~,
~ ~ ~ ~ ~ time price differential) $ ~ _ ~
~ ~ e. Deferred Payment Price (a~-d) ; 11 ~ 429 .40 ~ s ~
~ ~
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" f. Total of Payments (c-}-d) ~ 10, 529 .40 ~ _
~ ~ i
° ANNUAL PERCENTAGE RA1 ~ 10 . 85 '
~ I, we, or each of us, whether principal, security. guarantor~ endorser ar other party hereto, agree to ~
be jointly and severalty bound. I or we, each further waive demand, protest and notice of demand, protest and
nonpayment.
MORTGAGOR FURTHER AGREES: ,
1. To make all payments rec~uired by that note and this mortgage promptly when due.
i 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 v?aiving the option to foreclose, and such
; pa3 ments. with interest thereon from the date of payment at the same rate as specifiecl in. that note, shall
~ also be secured by this mortgage.
8. To commit. permit, or suffer no waste, impairment or deterioration of the mortgaged property.
' 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the biortgagor
~ 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 3Viortgagee. and the 11~ort-
gagee may i~reclose this mortgage in the manner provided by law, 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 instituted, 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 oi
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.
Signecl, sealed anc~ ~ivered /J .
in the pr ence e~ 9
~ , ~ / U ' ~ (SEAL)
r v - . --------__(?~'~'AL) ~
~s
As ~Vitnesses the Mortgagors. ~ -
~ STATE OF ` ,
~ COUNTY OF , ~ - ~ ~ ' - "
~ . , - ' ' ~ -
i~o *~ze
~ = Before me, - ~ ` - : _ .
~:y~
well known and known to me to e individual described in and who executed the foreb~uig '~nstruinent and
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acknowledged before me that executed h same fo the purpo therein expressed: ~
~Vitness my hand and seal this day ` 1~~
y~._ ~ 5
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~ ~otarq in an r the County and State afore.gai~' 3
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Diy commission expires ~ • ~ G~`~~~ Bpp~(~~ ~AL~~~~./v
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