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I. we or either of us, whether princip:~l, security. fiuarnntor. ~ndorser, or other party hereto, agree to
be jointty and severnlly bovnd. I or we, each further waive demand. pmtest and notice oi demands~ protest. and
n~npayment. ~`TDERAL TRUT~fi 11' LE:~'Dii~'G DISCLOSURES
a. Ca~h Price ~ 13 , 000 . 00 '
1,. C.ash Don•zip.zyment q 1, 300 . 00 ~
c, [,'n~r.iid I~alance of C~sh Price 11 ?00.00
Amoant Fin.incecl (a-b) 4 ~
ct. P'I\'r1\'GF CIIAI~GF, (consi~ting solely of a
time pi•ice ditTerential) , q 3, 508. 80
e. Deferred Psyment Price {a-?-d) : ay 16 , 508 . 80
f. Total of P.iyments (c-}-d) ~'dt 15 , 208 . 80
ANti'UAL PERCE~'TAGE RATE 10 • 8~0,
I, we. or each of us, whether principal~ security. guarantor. endorser or other ~p8rty hereto~ agree to
be jointly and se~~erally bound. I or ~ce. cach further waive demand. protest and notice of dem~enc~, protest and
nonpayment. , ~
110RTGACOR FURTHER AGREES: '
1. To make all payments requireci by that note and this mortgage promptly when due.
2. Tu ~,ay~ Alt taxes, ~ssessments, liens r~nd encumbrances on that property promptly when due. If
they are not promptty paid, the ;~iortr,~a~,•ee ma~• peey them withovt wniving ~the option to foreclose, and such
paymenis. ~viih intcrest thereon from the date of payment at the same rate as specihed in that note~ shalt
also be secured ~~y this mortgabe.
3. To commit. permit. or SutFer no ~~•aste, impairment or deterioration of the mortgaged property.
4. To pay :tll expenses reasonat~ly incurreci by the Diort~a~ee because of failure of the ~Iortgagor
±o comply wi!h the .e~reement~ in th:eL note or this mort~,•a~e, including rea.~~nable attorneys' fees. The cost
thereof, with in!ere~t thereon from the d:t} of payment at the same rate as specifieci in thaL note. shall alsp
t~e secured tiy this murtg.ege.
5. If any payn~ent providecl for in that note is not paid within 34 days after it becomes due. or if any
a~,•reement in thi~ mort~;:~~;e other than thc a~,•rcement to make the p~t3~ments is brenched, the entire unp~id
principal balance of tha! note sh~ill immed:ltc~ly hecome d?~e zt the option of the biort~;a~;er~ and the ~furt-
~~.i~,?ee may forcrlosc fhiti m~rt~?a~.•e in the mariner pro~•icled by la~+•, and hZVe the mortg.iged property sold to
suLisfy or ap}~ly on the indebtednc» hcrel,~ securecl.
G.. The rents and pru&tv of the mortk•a~;ed propertv are also hereby mortgaged. and if proceeclings
~ to foreclose this mort~,~a~~e shall l,c insti!uted, the court havin~ jurisdiction thereof may nppoint a recei~er of
f the mortga~;ed property .~nd apply those rents .t:~a ~~r~rt~ to the indebteciness hereE~~• secured, rebardless of
t'r:e sul~~ency uf the `fort~;agor or the adeciuucy of the security.
I;` «'IT\CSS ~S'IIEREOF. fhe ~iurt~;:i~;or hus executed this mortgage under seal on the (~AtE and
i ~•ear first atx~t~e ~+•ritten.
Signed, seaied and deti~-e
; in •he ressnce af: ~
i ~
.
; (SEAL)
~
' As itnesses to the ~+Ior ors, ` ~~'Y'~1~ (SEAL) ~
3 § ~ ~ ' ~i~'1 iR,~'S
STATF. OI' ~ei~='• + ' ~~T CouRT ~
' / . - • : f r . ; ~ F , 2`7535 3
' COL'\TY OF . ~~0 2~ 11 37 ~h'7'~
' Lefore me~ ~ to me
~
well known and known to me to b the inc~iv'sclual described in and who executed the foregoing instrument and
ac:knowled~ed hefore me tha~t~execu!ed +he same for the pvrposes therein expreased.
- ~
~i itness my hxnd and seat this~~_das of . 1
~ Hotory ~~b~~ StN~ of ~~da a1 La.o.. \ot~ or the . unty and Stat~ aforesaid.
~ Mr Con~auwoe Eap;r.s tit,r l9n ~ ~
- ~y commission expires br ~nc°^ FIr~ ~ ~ , • J
4 ~ ~ ~ 224 ~~~E 657 . , - - -
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