HomeMy WebLinkAbout0894 I. we or either of us. u•hether prir.cia:il. secur~ty, ~uaran;or, er.~c,rser, or other party hereto. agree to
l~e jcinlly and sc~crally bound. 1 cr :~e. each further wai~e de:nand. pr~test a~d notice uf demands, profesi. ar~d
~~,t;~a~•ment. FEDERAL TRUTH IN LE~eDilG DiSCLOSURES
a. Cash Price $ 8~000.00 _
2'~9~,~1 ,
b. Cash I}~~tin~a~-ment $ 1, 200 .00 '
c. Unraid Balance of Cash Price 6,8Q0.00 A
Amount Financed (a-b) $ ~ v~ ~
d~~~
d. FII~A~=CE CH
4RGE (consisting so!ely of a
time price differential) ~ 3, 80~,5 .00
~
~ " aao
e. Deferred Pa3•ment Price (a-}-d) • c~ 11, 808 .00 0 0~~~
; c 10 , 608 .00 ~ ~
f. Totzl of Payments (c-,-d) 4 ,
o
ANNUAL PERCEI~~'I`AGE RATE 11.99 % Z ~ ~
I, v~e, or each of us, ~chether principal, security, guarantor. endorser or other par~y hereto, agree to ~
`~~oir.tly and se~=eral2y bound. I or we~ each iurt;~er vraive demznd. protest 2nd notice of demand. prote~t aad
: =or p2ymea~
1tiORTGAGOR FURTHER AGREES:
1. To mal~e all paSznents required by tha~ note and this mortgabe promptly when due. .
2. To pay a?l taxes, assessment~, liens and encumbi~nces on that property promptly ~vhen due. If
a:e r.ot pi-ompYly paid, the I4:ertgagee may pay them ~vithout ~iai~ing the option to foreclose, and such
r.~a; r.^.entc, ~ith interest thereon from the date of psyment at the same rate as specified in that i~ote, shail
~i~c be secLred by this mortgage.
3. To commit, permit, or sufTer no «aste, impairment or deterioration of the mortgaged property.
i 4. To pay all expenses reasonably incurred by the 1liortgagee because of failure af ~he :~iortgagor
=o comply «•ith the ao eements in that r:ote or this mortgage, including reasonable attorneys' fees. T}:e cost
thereof, wSih interest thereon from the d~lr of payment at the same rate as specified in t~at ncte, shall 21so
be secured by this mortgage.
5. If any pay-ment provided for in that note is not paid ~ithin 30 days after it becomes due, or if any
F~ reement in this mortgage other than the agreement to make the paS men:s is breached. the entire unp2:d
~rincipal bala:~ce of tha± note shall immediatel~ heco:ne due at the option of the I~iortgagee, and the :~ior~
gagEe may foreclose this m~rtgage in the manner provided by law. and ha~•e the mortgased property sold to
satisfy or apply on the indebtedness hereby secured.
6. The rents and profits of the mortga~ed property are al~o hereby mortgaged, ar.d if proceedings
to fo:eclose this morigage shall be institi:ted, the court h~~ing jurisdiction Lhereof may sppoint a receiver of
t};e mor~gaged nroperty and apply those rents and profits to the indebtedness hereb} secured, regard:e~s of
t:~e ~ol~=ency of the ~fortgagor or the adequacy of the security.
IN ~tZT~ESS ~t'HEP.EOF, the 1liertg~gor has executed this mortgage under seal on the date and
e2r first abo~ e~ ritten.
S:gr.ed, s~zled ar,d de;i~~ered
i r: zhe presence of : •
f ~ ,L'~ (SEAL)
~
~ - ~ ` ~ f_.~<<-T C!~ t' ~ ~
. < (sr•.aL~
~ As ~4~itnesses to the ?~iortgabQr
~~s,~-
STATE OF~~~ ~
COL~TY OF Q - ~
Before me . e' ~~.~lr ~~r~~-h~ ~ to me _
e'.1 kno~•n ~zr:d kno~ti n to me io be ~he individu2t described in and «ho execuf.ed the foregoing instrument and
~
~chnowiedbed before me tha execuied the same for t~e purposes therein expres~ed.
~ o~wt.~tiK~~ 19 ~ , ~ ~ _ _ .
11 ~tness my hand and seal this~day oi ~ . .
N~t~ry P~:' ~ St:,. _ • i~~ ^ j~` ~
~"~Y Gcca~ ~ y` <<'3s ~U~ n d t~te rty and S~te afor6~aid:' . ~ • ~ ,
n s, t . _ . r '
r 31, 1977 %
BCnd~ ~y Lssrren.an Firo d~ C;,.;,,.:
'~fy commission expires -
~ OUit ~AGE i~4
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