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HomeMy WebLinkAbout1227 I. we or either of us, whether principal. security, guarantor. endorser, or other party hereto~ agree to be jointly and severally bound. I or we, each further waive demand, prc;test and notice of demands. proteat. and nonpayment. FEDERAL TRUTH IN LENnING DISCI.OSUNES a. Cash Price g?, 000._00 26~494 b. Cash Downpayment $ 3, 000. 00 ~ c. Unpaid Balance of Cash Price 4 000. 00 0 ; Amount Financed (a-b) ~ ~ c~.cc d. FINANCE CHARGE (consisting solely of a 1, 199. 60 T'' ~o time price differential) v e. Deferred Payment Price (a-}-d) $ 8J 199. 60 ~c 'r~` -a ~ z r. Gn ,u-~G f. Tota~ of Payments (c~-d) g 5, 199; 60 = ~ rm v ANNUAL PERCENTAGE RA'1'r: lU. 85 ~ I, we, or each of us, whether principal, security, guarantor, endorser or other party hereto, agr e to be jointly and severally bound. I or we, each further waive demand, protest and notice of demand, protest and nonpayment. i MORTGAGOR FURTHER AGREES: j 1. To make all payments required 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 waiving the option to foreclose, and such i paymenta, with 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 v~aste, impairment or deterioration of the mortgaged property. 4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor I to comply with the agreements in that note or this mortgage, including reasonable attorneys' fees. The cost i thereof. with interest thereon from the day of payment at the same rate as specified in that note, shatl atso - ~ be secured by this mortgage. ! 5. If any payment provided for in that note is not paid within 3t? days after it becomes due, or if any ' agreement in this mortgage other than the agreement to make the paymenta is breached. the entire unpaid ~ principal balance of tha± note shall immediately become due at the option of the Mortgagee, and the biort- ~ gagee may foreclose 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 prnceedings ~ to foreclose this mortgage shal! be instituted, the court having jurisdiction thereof may appoint a recei~er of i the mortgaged property and apply those rents and profits to the indebtedness hereb3• secured, regardless of ~ the solvency of the Mortgagor or the adequacy of the security. ~ ! IN WITNESS WHEREOF. the Mortgagor has executed thi~ mortgage under seal on the date and = year first above written. Signed, sealed and delivered ~ ` in thg~tesence of : , ~ , - ~ ~i- ~ = c ~ r - ! ' X ~ ~ ( f-,-~~~t"C~ ~!C ,f . .~l-~iL+~~~~~L (SEAL) ~ ' , " ~ ~ _ _ (SEAI.) As Witn the Mortgagors. ~ STATE OF , COUNTY OF .-~~r L~-~ ~ Before me, -~7< ~--U-~.~,-G--~ to me well known and known to me to be the individual described in and who executecl the foregoing instrument`~x' acknowledged before me that~~executed the same for the purpoyes therein expressed. " , ` ~ , - Witness my hand and seal this ~~~.-day of , 1 ` O.' ' . ~ f i Nzto~y ?ubi+t, S~oh of Norido a/ lo?9t - _ .~y ae. ~s» tio a r the unty and State aforesaid. B;nc':•: G. Arr~lccn F-rc 6 Ccsvoi~y Co. O Q(1A(~ '~E) My commission expires gOC~ rU ~,r~ g . -