HomeMy WebLinkAbout2054 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. protest and notice of demanda, protest. and
nonpayment. FEDERAL TRUTH IN LENnING DISCLOSURES
~W ~~a. Cash Price g 13, 000. 00
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S°~.: ~b. Cash Dow npay-ment $ 5~ 000. 00 0 ~
ru ` O G "N~•~ -
8 c. Unpaid Balance of Cash Price o~ o co
4 4~ ~ Amount Financed (a--b) $ 8, 000. 00 R~m~>
Z~ ~t~ ~ ~y~s
~ m~~y d. FINANCE CHARGE (consisting solely of a
c; time price differential) $ 4, 480. 00 ~ o~~~~
4 ~ a "s
r~~' ~ e. Deferred Payment Price (a+d) $17, 480. 00 _ 3 ~"'~m
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~ f. Total of Payments (c+d) $12 , 480. 00 w ~
o c, ~ v ~
~ ANNUAL PERCENTAGE RA'1'~ 11. 99 2~~~~
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a T~ ...os nr PAP~f nf »a {V~1P±}IP1' nrinriruil; aa~uritv. OI1ATAllt(ll', PTI(~(1PCPM or other Dstty hereto. aQree to
be jointly and severally bound. I or we, each further waive demand, protest and notice of demand, protest and
nonpayment.
MORTGAGOR FURTHEft AGREES: `6-`T
1. To make all payments required by that note and this mortgage promptly when due.
2. To pay ali 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 the date of payment at the same rate as specified in that note. shall
~ also be secured by this mortgage.
f 3. 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 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, shall also
s be secured by this mortgage.
~
4 5. If any payment provided for in that note is not paid within 3U 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 Mortgagee. and the Mort-
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 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 of
~ 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
~ ye.3r first ah~ove written.
~ Signed, sealed and delivered
~
;r in thg ~r~sence of : ' ~
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/t~ ~ / ~ / ' I. .r. ' ,~I- ~t- ~ %G I ~ LGi-~.~(SEAL)
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- - _ ~ d~ ~ -t " ' ,k;~~ c~o Li (SEAL) :
s Wit esse e o gagors. i ~
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- STATE OF ~~~~~t~
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COUNTY OF .
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~ to me
Before me,
E;:; well known and know to me to b the ndiv' ual described in and who executed t e fo going inatreiment and
' .
~ acknowledged before me that executed the same for the purposes therein expres.geod.
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Witness my hand and seal this
L~ day of , 19~
; ;
No~ary Pubf+s, Sr~~~ oi Ftonda af (~,rg~ '
Mr Commisvon Exares Ma~ 31, 197) N or t County and Stat~ sfpresa~ "
;y, ~ Amoricon f~:a tk Cosuolry Cc.
My commission expires ' ` ~-,r~~~q~--~-,~,--~~ • _ -
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