HomeMy WebLinkAbout0694 I, vre or either ~f us. H•hether pri~ici~~.~l, security, ~;uarantor, endorser, or other party hereto~ agree to
be jointly and severall~• hound. ( ur ~~•e, e,~ch further wai~~e demand, protest and notice of demands~ protest. and
n~rpa~•ment. ~
F h I)ERAL TRL'TH IN I.EtiUI\G DISCI.OSURES
a. Ca,h Price 9, 500. 00 _
h. C~i,h Ilo~. n{~a~•ment S-- 950. 00
r. ('n~riici Rnlanre of ('ush Prirr. ~1 ~
Amoi~nt Financer~ ~a-L) S___ 8, 550. 00 m~
- ~ ~ na~--~
d. FI~AtiC'E CIiARGF. Ia>t~si~ting solelt• c~f a <~°~o
time price dift'erential) 2, 564. 40 ~ , ;;r'x
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mL ~-•_s
e. Ueferreci P~yment 1'rice f a-: d1 g_ ~ 2, 064. 40 ~ ~ ~ ~
~
. ~ ~
f. 'Ibtal c~f Pa~~ment~ (c-; d) c 11,114. 40 ~C ~„-w~
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A:~'h•L'AL PERCE\TAGE RATE 10. 85 ~
I, µ~e, or each of us, H~hether principa~, securit~-, gt~arantor, endorser or other party hereto, agree to
F,e jointlp and se~•erall~• I~und. I or Ke, ebch further waive demand, protest and notice of demand, protest and
nonpa~•ment.
:4iORTGAGOR FL'RTHER AGKEES:
1. To make xll payments required by that note snd this mortgage promptly when due.
2. To pa~~ .!4 taxe., a;.e;sment~, liens ard encumt,rar.ces on that pro~rt~ promptly when due. If
the}• are not prumpth- paid, the `iort~;a~,•ee ma~ pa~• them ~rith~~ut ~~~ai~•ing the option to foreclose, and such
pa}~ments, Hith intere~t thereon from the date of patn:ent at the same rate as s~ecified in that norte. shall
~~iso be secisred lry thi~ mort~,<<ige.
; 3. Tu cummit, ~,ermit, or ,ufl'er ~w ~s~i,te, impairrr~er~i ur deteric~ratio~~ of the mortgaged property.
i To pac .ill ex}xr~ses rea.,,n..bl~• incurred ln• the :~tort~,~agee t,ecause of failure of the Mortgagor
to compl~• k-ith the a~,rreement• i?i that nute ~r this m~,l•tga~,*e. includinK reasonable attorneys' fees. The cost
i thereof, H~ith ir.terest therc~,» fr~~m the dxy of payment at the ~ame rate a; ,pecified in that note, shall also
be secured b}~ this murtgak~e.
5. If an}• {~a}~n~ent pr~~~•i~ied f~r in that nute i~ m~t pai.i ~sithin 3U da}•s after it becomes due, or if anS
~ agreement in this m~rtKc~~e uther than the a~,~reement fu [nai:e the p.it'n~ents is hreachetl. the entire unpaid
s principal balance of tha± ni~2e sh~~ll immediatel~• hecome due at the upti~m uf tF~e ~iortgagee, and the Mort-
~ K~Kee ma~• foreclo•e thi~ murt~.~a~e in the ruanner pru~•i~led t,y laH~, and ha~~e the mortgaged proper~y sold to
~ ~atisfy or apply on the ir.det~te~ine.;: hereL~- :ecured.
6. "I'he re~~ts .~~;cl ~,r~~tit~ ut th~~ m~~rtga~;ec1 ,,r~~4~~i-t~• are also herel~y mortgaged, and if proceedings
to f~,rec::~~~c this moi•t~,*atc ~halt iie in~titt~ted, tire court ha~•in~,? jurisdiction thereuf may appoint a receiver of
E the mortga~~ec! ;>eouert~• x~2d applr thi>~e rent, and prutits tc~ the indebte~iness hereb~~ secured, regarciless of
the soh'eilc~• of the 11ort~a~;~~r c~r the adeyuacy of the securit~~.
; I` ~~']T\F:~~ ~t'11F;}iEnF, the ~iortgagor has ~sE~uted this mortgage under seal on the date and
; ~-ear first abo~•e ~~•ritten.
a
: ~ignrxl, ~ealed and deii~~ere.~ci 7
~ in t ~e pre,;ence of : r1 . , ~
~ ~ ~r~l ' ~ ~ ~.~~C.~
L~?1-G~L ~-5~~- _ _ _ _ (SEAL)
: ~ ~ ; ~ , / ~ >
r _i~ - ~ ~'t-_~ <<<~~-~~~~_u'1 -~c~~"_~~'~ (SEAL)
As ~i'itnes~es t~~ the ~ ~rtgaK~
~
; STP?TE nF _ - -
` (:Ui.;\7'~' flF' ?~-~~u,l _i~~
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: y~i
; r„re me, - - - - -er- , ~-c~4o ~ to me
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" w~ell knc~~~~n and kn~~~cn t~~ me t~~ tN, he indi~~i~iual de:cribed in and who executed the foregoing instrumenL and
~
acknut+•le~i~.rE~d t,efure nu~ that _ execute~~e same for the purp~ses therein expressed.
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~'~'itne;s my hand and ,r.~l this---~_g da~• uf.~----- 19_~3 ,
liotor PrbFc, - - - - - ~ . .
i s~~r~ aE i., d i the Co y and StaEe." aforesaid.
~y ~mQ'N~o~ E~pires Mar 3i, 19i!
~ ~iy commission exp~re:c ~ ~r ~1D~`t`_°P-fire b Ga~uolrY~, _ _ ~ ~
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_ ~ 224 f'~ i E 6~ ~
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