HomeMy WebLinkAbout1271 I. we or either of us. whether principal. security. gusrantor. endorser, or other psrtq hereto~ „gtc~ t;,
be jointly and sevecally bound. I or we. each further waive demand. protest and notice of demand~. ptotest, and
nonpayment ~ FEDEItAL T~tUTH IN LENn1~IG DI3CLOSURES '
a. Cash Pri~e ~ 7, 000 .00
b_ Cash Downpayment ~ 700 .00 ~6'~531 -
~ c. Unpaid Batance o~ Cash Price ~ 6, 300 .00 ~
` Amount Financed (a--b) ~
d. FII`'ANCE CHARGE (consisting solely of a
~ time price differential) $1 $89 .40 ~ ~ `'c~
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e. Deferred Paymeat Price (a-{-d) ~ 8 , 889 . 44 ~ ~ ~ "
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f. Total of Payments (c~-d) $ 8,189 _ 4~ _ ~ N~c
~o,
ANNUAL PERCENTAGE AAT~ 10~$.S,_ ~o w ~
I. we, or each of us, whether principal. security~ guarantor, endorser or other party hento, agree to
be jointly and severaUy bound. I or we. each further waive demaad, protest and notice of rlemaad~ prote~t and
nonpayment.
M08TGAG08 FUBTHER AGREES: ~
1. To make all payments required by that nota and this mortgage promptiq when due.
2. To pay ali taxe~. aaaoes~aeata,.lieaa ,aad .encumbrances on ths?t ProPe~Y P~~P~Y whea due. If
they are not pr~mptly psid, the Mortgagee may pas them without waiving the option to foreeloae, and such
payraents, with interest ther~on fr~m the date of psymant at the same rate as specified in, that not~ sha,)l
also be secared by this t~ortgage. ~ .
3. To oommik p~r:nik o~r suffer no wsst~, i.mpairment or deterioration of the mastgsged prop~rty,
4, To paq all ex~enaes raseonably incurned by the Mortgagee becsuse of failun oi the hiortgagor
to comply aith tha agtennents in thst n~vte or this mortgage, including ressonsble ~ttorneqa' fees. The oost
thereof, with interest thereoa from the day of payment at the same rate as specified in that note, el~all also
be secured by this mortgage.
b. If any payment provided for in thst note is not paid within 30 days after it becomes due, or if any
agreemeat ia thia mortgage other than the agreernent to make the paymenta is breached, the entire unpaid
principal balaace of thst note shall ia?mediatdy beoome due at the option of the Mortgsge~, and the Mort-
Y o~sPP1Y~on~the1 indebte~n~eea hereby aecwredprovided by law, and have the mortgaged property aofd to
6. The rent~ and profits of the mortgaged propertq are also hereby mortgaged, and if proc~edinga
to foreclose this mortgage shall be in9tituted, the court having jurisdiction thereof may appoint s receiver of
the mortgaged property and apply those rents and pmfita to the indebtednesa hereby secured, regardlese of
the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEBEOF, the Mortgagor has ea~ecuted this mortgage under seal on the date and
year fust a.bove ti;rritLen.
Signed. seated and delivered ~ ~ •
i the ce of - ~ ~ ~
~ _ ) ~ r~ ! ~J' '~i~~~~
C / ~
^ J' ~ (SEAI`)
(SEAL}
.As Witn to the o gag~ore. ~ _
. ;
STATE OF ~
COUNTY OF ~ ~
Before me, ` ' to me
well known and knovvn to me to be e individusl described in and who euecuted foreguing in$tru~nent and
acknowledged before rae tha ecuted the same_for the purposes therein expre.~sed. _
Witness my hand and seal thia___~~._dsy of 19 -
1
NMar~ hb~o, S1at~ of i{s~do t? t~~.+., ~ •
1NY Canm:ss~on E+~p~res May 1-. nI Il 8Il t~tC ilt2tj? 3Aa StSt8 l1~0?P.4$ItI..
do~~ by M~s?itoa fire 6 Cosual~y !'v.
My commisaion expirea ~
~ ~OQK~?U P~CE~46~ -
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