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HomeMy WebLinkAbout1223 • , : i • a•e or either of us, whether principat, s~curity. g~:aranto;. endorser, or other party }:ereto. s~ree to be jointly and seterally bound. I or H•e, cuch iurther h•ai~•c demai~d. pratest and na«:.e ue~~.a,-.us. N.-~~es~~ and ~!~npa~•ment. r EllERAL i RL'TH l~i LENDII~G DISCLOSURES a. Casli Price ~ 8, 000 . 00 b. ~;ash Downpayment S 800 .00 26'7491 , c. Unpaid Balance of Cash Price 7~ 200 .00 Amount Finauced (a-b) $ _ ~ d. FINAI~TCE CHARGE (cansistinn solel~ of a 40 ~ ~ time price difTerential) ~ 2,159 . a.-.,, t~~~° ^'!r,..,~i~ e. Deferred Pay~nent Price (a-~d) ~ 1~ ~ 59 -40 ~hCV~'^ , Q.~,359.40 °~"p=~'~ f. Total of Pa~~nents (c-t-d) ~ 10 ~ 85 ANNUAL PERCENTAGE KATE qo ~ ~ ~ , I~ we, or each of i~s~ K•hether principal, securitS ~ guarantor~ endorser or other party here~iS;' a e to be jointly and severally bound. I or v~e~ each further a aive demand. protest and notice of demand. protest and nonpay~nent. MORTGAGOR FURTHER AGREES: 1. To make all pxyments required by that note and this mortgage promptlv when due. 2. To pay ail taxes, assessments. liens and encumbrances on tl;at property pron~ptly when due. ;f they are net pm~npt;v I~aid: the 3fortgagec mav p~~ them Kithout n-ai~ing the option to foreclose, and such ~,ayments, Kith interest thereon from the 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 no was:e, impairment or deterioration of the mortgaged property. ' 4. To pay ali expenses reasonably incuned by the Mortgagee because of failure of the Mortgagor ~-ith the agreemer~ts in that note or this mortgage, including reasonable attorneys' fees. The cost ; thereof. x-ith interest thereon from the day of pay-ment at the same rate as specified in that note, shall also ; be secured by this mortgage. i ~ 5. If any paytnent provided fc~r in that nole is not paid vrithin 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 uapaid ~ principal balance of tha*_ note shali immediately hecome due at- the option of the hiortgagee, and the 1~Iort- ~ gagee ma~ foreclose this mortgage in the manner prorided by la~. and have the mortgaged propertY sold to ~ satisfy or epply on the indebtedness hereby secur~d. ~ 6. The rents and prof~ts of the mortgaged property are also hereby mortgaged, and if proceedings ~ to forecMse t~ris mortgage shali be instituted. the court having jurisdiction thereof may appoint a receicer of ~ :he mortgaged pmperty and apply those rents and profits to the indebtedness hereb~ aecured, regardless of the solvency of the Mortgagor or the adequacy-of~ti~e secarity. IN ~VIT~vESS «'IiEREOF. the Mort~-agor has executed this mortgage under seal on the date and year first abo~e written. • ~ Signed, sealed and delivered ~ in the pr nce of ~ ~ ~ !j - ~ ~ (SEAL) ~ - - ~ti ' • ~ ~ / ~ (SEAL) ~ ~ "R As ~'itne. tc the I?~' gagors. STAT~ OF~/ , ty COi3~'T~i OF ~ - ~l ~ ' 1 Before me, ~L t ~ to me :~4 ~~ell knoKn and known to me fo t~'ndi~' ual described in and v~ho executed the foreb?oing instrvment= an~3 ~ a,cknow~ledged Lefore me that_~eaecuted the same for the pur~~.o~es therein expressed. - Y~ :>.j s7- r . u, V4'itn~~s my hand ar,d ~eal this~~da~~ of 1 ? . ~ No~ery rukgc, Sfer~ ei FieAda o1 te~N ~ Notary in an e nty State afores~:id. Jrly Co:nn:ss~on E,~p r~~ M~r Il. 1977 ~ . ~;s 6on~ed by Ac+w'~~~ Fi:v b Co~vdty C~- Tiy co~nmission expirES _ • f;;' ~+!:i ~i ! °~o~~~Q oat~~.Z~Q - - ~ - ~ .