HomeMy WebLinkAbout0702 l. we or either of us, whether principal. seeurity. guarantor, endorser. cr other party hereto. agree to
be jointly and severallq bound: I or we. each further waive demand, pmtest and notice of demands. pmte~t~ and
nonpaymenk FEDERAL TRUTH 1N LENniNG DISCLOSC!RES
~
~ ~ 7 , 000 . 00
~ ~a. Cash Price ~ -
~ b. Cash Downpsyment ; 1,050 .00 ws~`~
4 r ~ 2' 8f
~ c. Unpaid Balance of Cash Price S 950 .00
; ~ Amount Financed (a-b) ~ ' _
d. FINANCE CHARGE (consisting solely of a A1 ~
tir~e price differential) ~ 3, 331. 28 0' ~
~ ~ Y0,331~28 V~ _~~srn.
. y
. ,
~ ; e. Deferred Pannent Price (a-~-d) $ '";`O~°
~ ~ ° 9 281. 28 ~ ! °
_ _ ~ ~ f. Total of Paymeuts (c-{-d) S ' `A = : = _ ,
V ~ '
~ ~ 1 ~=n
A~"~C
; 1` ANNUAL PEBCENTAGE RA11~ Il . 9 9 ~ ~ 3 o N~o
` 7o r rn
I. wa, or e~ch ad os. whetfi~r p~Ineip~l, ~eurlt7. Suarantor. endoraer or other p:rty h ~
be jointlp and aev~rally bonnd- I o~ we. e~ch furth~r waiva demaud, proteat and mti~ce of d test and
nonpayment .
MOR'fGAGOR FU8THE8 AGREE3: • . ~
1. To make all gsymeata required by that note and this mortgage promptlr ahen due.
2. To pay all tsxes, aseees~aent~ liene and eneumbrances on that propertp prompfl~ when due. If
they are not promptly psid. the MortBaSee miY Ps7 tb~ ~~~t waiving tht aption to forecloae. and such
payments, with interest thec+eon from the date of paymeat at the ssme rate as specitied i~thst ~t4, shalI
~ also be secured by this inortgage. -
i
; 3. To oommit, permik or suffer ~ waste, impairment or deterioration of the mortgaged property.
i 4. To pay all eapen~ea reawnably incurred by the Mort~agee becswae of failure of the Mortgagor
~ to comply with the agteements in that note or this mortgage. including reasonable attorneys' fees. The cost
y thereof, with interest thereon from the day of payment at the same rate as specified in that note, shall also
be secured bq this mortgage.
~ 5. If any payment provided for in that note is not paid within 30 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 beeome due at the option of the Mortgagee, and the 3iort-
~ gagee may fo~eclose this mortgage in the manner pmvided by }aw. and have the mortgaged propertq soid to
~ satisfy or apply on the indebtedness hereby secured.
~ 6. Tt~e rents and profita of the mortgaged Prvperty are sieo hereby mortgaged, and if praceedings
z? to foreclose this mortgage shall be instituted, the court havin~ jurisdiction there~f may appoint a receiver of
~ the mortgaged property and app1Y those nnts and profita to the indebtedness herebr secured, regardle9s of
ihe solvency of the Mortgagor or the adequacy of the security.
~ IN WITNES3 WHEREOF. the Mortgagor has eaecuted this mortgage under seal on the date and
~ year first above written.
~ Signed, sealed and deliv f,r -
in the nce of : ~1Q~~ - ~
~ _ ~
. ~ (3EAL)
~s~ ~ ` ~ tSEAL)
As Witnesses to the ortgagors.
- STATE OF
_ e
~4 COUNTY OF •
_ ~
Before me, ~ ' ti-- ~ ~.ti - :to: me
~ well known and kno to me to be e ndividual described in and who e ecuted the oreYoin$, ~et~ju~aent. and
; ~ ,-s i
~ s?cknowledged before me tha executed the same for the purposea therein e~cprea~ ~ , ,
~ .~2.. ~~c > -
~'l/itness my hand and seal this~day of 9`~~~1 ,19 ~J~-~ ~ .
M r ~ _
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Nofory Ivbbc, .I~te of F:ordo el tarQ~ -
~Y Commiu:on Exp.es Har 31, 1977 ~O ~ d @ C ty and 3~at~'~?0` t~. .
lo+~d~d by Ameri:an f:ro 3 Ca:va:tr Co.
DS f cor.unission expires •
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