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I. we or either of us, whether principal, security, guatantor. endorser. or other party hereto. agree to
be jointly and severaqy bound. I or we, each further waive demand. protest and notice of demanda. pr+oteat, and
nonpayment. F'EDERAL TRUTH IN LENDING DISCLOSURES
a. Gash Price $ 7500.00
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b. Cash Dow~npayment $ 750.00 °
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c. Unpaid Balance of Cash Price 6750.00
Amount Financed (a-b) $ ~
d. FINANCE CHARGE (consisting solely of a
time price differential) ~ 2024.40 ~
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e. Deferred Payment Price (a~-d) $ 9524.40 = ~`n~°
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f. Total of Payments (c~-d) g 8774.40
ANNUAL PERCENTAGE RATE 10.85 ryU 2E)~~{~j'~
I. we, or each of us, whether principal, security, guarantor, endorser or other party hereto. agree to
be jointly and se~•erally bound. I or we~ each further waive demand, protest and notice of demand, protest and
nonpayment.
MORTGAGOR FURTHER AGAEES: -
1. To make all payments 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 thp date of payment at the same rate as specified in that note, shall
also be secured by this mortgage.
3. To commit, permit, or suffer na waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor
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, shsil also
be secured by this mortgage.
5. If any payment provideci 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 dae at the option of the Mortgagee, and the Mort-
I gagee may foreclose this mortgage in the manner provided by taw, and have the mortgaged pr+~perty sold to
satisfy or apply on the i?~debtedness hereby secured.
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4 6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
to foreclose this mortgab•e shall be instituted, the court having jurisdiction thereof may appoint a receiver of
` the mortgaged property and apply those rent~s and profits to the indebtedness hereb~• secured, regardless of
; the solvency of the Mortgagor or the adequacy of the security.
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~ IN WITNESS V~'HEREOF, the Mortgagor has executed ~tis mortgage under seal on the date and
; year first above written. ~
s Signed, sealed and deliverecl RE~-/`~ % . i
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? i n the presence of : P~~,~4~y ; / ~ ~
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~hl~~ S C v~_~ / j 7 ~7/
_ _Y.~ ~ ~y ~ "GL•. ~ (SEAL)
3 ~ - ~i J'QY/
, 4~ C/~~~ ~I.l-~,? Ff Af~ ,/L •j' ,
' ,~~S ~~1C ~ ~i.~ - (SEAL)
~ As K'itnesses to the Mortgagors. Rt ~,Rd; qF 19j~y
~ ~iE ~
STATE OF
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: COUNTY OF __~.d~~-_ - _
` Before e _ ~ +D `7 ' ~ ~ ~ ~ ~-l
m ~ ----~1~~--- - to me
` well known and know•n to me to the individualSdescribed in and who executed the foregoing instrument and
- acknowledged before me th:~ _ executed the same for the purposes therein expressed.
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Witness my hand and seal t is~~ _day of _ , 19~
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- `~1Qtary in a~d for County and State aforesaid.
~ My commission expires . .
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" : ~ eocN 2~0 PacE 2?(~
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