HomeMy WebLinkAbout0650 I. we or cither of us. w~hether prir,cipal, securit~. guaran:or. eadorser, or other party hereto, ~grce to
.~;cintly ~nd screra!ly bound. I cr :~•c. each further Haire de:.~snd. protest and notice uf dem~r.d~. protesi, ar,d
s5•inent, FEDERAL TRU'TH iN LEtill~NG BiSCL4SURES -
a. Cash Price ~ g 8.000.00
b. Cash D.~«npayment $ 1, 200 .00 _
fILED aR~ ~ •
st. tuc t C JL'M?Y f~A.
c. Unpaid Balance of Cash Price ~~`~~ED
Amount Financed (a-b) $ 6 ;800 .00 : ;r- ~o~RT ,
d. FI?~A:~GE CHARGE (consisting sole]y of a Q~~r: v^- ~
time p:-ice differential) S 3.~~ ~
. FEB Z3 I I 32 AM'1~
e. Deferred Pa3•ment Price ~a ~-d) • cy 11, fi08 .00 ~
f. Total of Papments. (c-~d) e 10, 608 .00 ~'S31~'~
AN\i~AL PERCE~ITAGE RATE 11.99 ~o
I, ~~e. or e~ch of us~ ~{hether princip~l~ security. guaran:or. endorser or other party hereto, agree to
:~;cir.tly and severall~ L~ow~d. I or we, esch furt;~er vaive demznd. protest znd notice of ~emand. protest and T
..:;~:p~j _ ,
-men~ ~
DiORTGAGOR FURTHE:~ AGREES:
1. To mal~e all pa~mr?ents re~uired by that note and this mortgabe promptly ~vhen due. ,
' 2. To pay all taxes, E.ssessment~, liens and Qncunbr~?nces on ~hat property promgtly ~rhen due. If
f :<:;e r_ot promptly , aid, tt~e l~.crtgabee ruay pay them ~~ithout ~zai~inb the option to fo:e.,lose. and such
~~~:ent~, v+ith interest thereon from the date of ~ayment at the same rate as specified in that note. sha,l .
Te ~ecured Ly this mortgage. -
~ 3. To commit~ permit~ or sufTer no •~-zste, impairment or deterioration of the mortgaged ~propert;r.
' 4. To pay all expen~es reasonably ~ncurred by the Diortgagee because of f2ilure af the ,`.`c~r~ga~or ~ ~
r cor.~ 1~~ith the a~•eements in th~t r.ote or this rnort~age. including reasonable attorneys' fees. T}:e cest
~y
~ ,':~reof, w:Lh interest thereon from the day of paynient st the same rate as specified in tna~ note~ shall zlso
e secureti by this mortgage.
~ 5. If any pay-ment provided for in that note is not paid nithin 30 days after it becomes due, or if any
~ .~-:eer.:en* in this mortgage other than the agreer:-~ent *.o malre the pa}ments is breached, the entire un7~i~1
~ ~,rincip~l bai~nce of tha± note shall immEdiatel. become due a~ the option of the 3?iortgagee, and the :liort-
~ :•;:~Ee may foreclose th:s mortgage in the manner provided by law~ and have the ~nortgaged property sol~ to
~ ~ a~ i s i y or apply on the incebtedness hereby secured.
~ ~6. The rents ~nd prof,ts of the mortgaged property are also hereby mortgaged, and if proceedings
:o fc:eciose this mortgage shall be instit~ited. the covrt ha~ing jurisdiction thereof may appoint a recei~~er of
~ t'r~e r.o: ~gaged nraperty and apply those rents and profits to the indebtedness herebp secured, regsrd:ess of
:~e so:vency of the \iortgagor or the adequacy of the security.
~ IN ~~RT\ESS ~t'HEP.EOF, the ??iortg~bor has executed this mortgage under seal on the date and
~ ti-ezr .fi*st abo~ e u-ritten. ~
~ ~:~:;ed, sezled ar.d de~ivered
~ c~: e preser,ce of :
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• ~ ` , , GCt '1 4:c (~EAL)
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y; i y~~1 ~ _ ; - I ~ . ~ ! (Si:AL)
~ As Z~itnes o the :~iortga~ars.
_
~ s ~ aTE oF ,
` CQL'~TY OF ~.-~.,,Y ~ •
Before me, ~ ~ . ` to me
s'F~ v: e'.] know•n and kr.o~sn to me to be he indi~~iduZl described in and ~rho executed the foreboinb instrument ar_d
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~cknov~iedeed before me ihat executed ihe same for tne pvrposes therein expre...,ed.`~,
~ ; ny ~ 29~ _ . ' ; .
~'~'itness my }:and and ~eal this_d4__~day af • _ i
- y` t~ ~ t"
Notary Pubtic. 51otc o~ f'or~do a? !a~~ •1 '
~;Y \ota i n r it:e ur.ty and State~ai'ores~~d.
My Comm~uion Exp~... !V:~ ~~'1 . ~ ,
~ bp /lmotkan F~rr 3 ~cyiu~~ty ~0 -
'~Sy commission exaires '
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