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I. we or either of us. whether principal. security. guarantor. endorser. or other party hereto. agree to _
be jointly and severally bound. I or we, each further waive demand, protest and notice of demands, protea~ and
nonpayment . FEDERAL TBUTH IN LENDING DISCLOStJKES
a. Cash Price ~ 7, 000 .00
b. Cash Downpayment $ 700 .00
c. Unpaid Balance of Cash Price 6 300.00
Amount Financed (a-b) ~ '
~
d. FINANCE CHABGE (consisting solely q~ a r
time price differential) ;1,~ 889 .40 p
~
e. Deferred Paymeat Pric:e (a~{-d) $ 8, 889 .40
0
~ "c'vo7Y
8 189_4~ w o~~=~
f. Total of Paym~ta (c~-d) t?-, '
ANNUAL PEBCENTAGE RAT~ 10 _ 8 5 ~o ~~t ~p ~
~n,
I. we. or each of us, whether prlncipal, aecuritq. guarsntor. endorser or other party her~'', to
be jointly and severallq bouad. I or we. each iurtbar waive demaad, protest and notice of demand, pro t and
nonpayment ,
! MOATGAGOR F`URTHEB AGREES: ~
' 1. ~ To malce all paym~b required by that note aad tbis mortgage promptly whea due.
~ 2. To pay all taxes. aseeeementa,. lien~ .~nd .encaanbrances on that ProPert9 P~P~Y whea due. ,If
~ ~ they are not promptly paid, the Mortgagee msy pay them without waiving the option to foreclose, and such
~ payments, with intereat thereon from the dste of payment at the same rate as specified ia, that note. shaU
also be secured by this mortgsge.
~ 3. To commi~, permit, or auffer no waste, impairment or deterioration of the mortgsged property.
4. To pay all expenaea reseonsblq incurred by the Mortgagee because of failure of the Mortgag~or
to comply with the agreementa in thst note or thi9 mortgage, including reasonable attorneys' fees. The cost
thereof. with interest thereon from the daq of payment at the same rate as specified in that note, shall also •
be secured by this mortgage. -
5. If any payment provided for in that note is not paid within 30 days after it becomes due, or if any
agreeanent in this mortgage other than the agreement to make the payments is breached, the entire unpaid
principal balance of that note sball immediately become due at the option of the Mortgagee. and the Mor~
gagee may foreclose this mortgage in the manner provided by law, and have the mortgaged property sold to
satisfy or apply on the indebtedneas herebq aecwred.
6. The rents and pmfits 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 hereb3 secured, regardless of
the solvency of the Mortgagor or the adequacy of the security.
i
~ IN WITNESS WHEREOF, the Mortgagor has executed this morCgage under seal on the date and
year first above written.
Signed, sealed and delivered ~ _
in the - nce of~, J~
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- . -~L~ ~ ~ (SEAL)
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• x ~ " ~ _ , ~ ~c: - - ~ ~ c ($EAL) -
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= A Witnesses to the ra. ; : ~
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r~ STATE OF ?
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COUNTY OF ~ ~
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~i ~ , ' to me
~ Before me, ,
well known and known to me to be he i dividuai described in and who execu the foregoing instrument and
re, se
acknowledged before me tha _executed t same for the purposes therein expregsed.
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~ Witness my hand and seal this day of ~ 19 j-;
Not~ry Pvbic, Slate of iiw:do c~ • ,
Mr Com:n:ss~on [apir~s M.oy ::1, 19i/
eonded by Acner,can F;ro 6 Cosua;ty Co. jvo or th unty and State afo:esaid. ,
j-,.~ • - .
~_:5 b1y commission expires ' • • ~ • -
B00!( PACE (
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