HomeMy WebLinkAbout0921 I. we or either of us. wh~t~her prir.cipal~ security, gurxantor. endorser. or other party hereto. agres to
be jointly and severally bound. I or we. each further waive demand. protest and notice of demanda. protesk and
nonpaymen~ FEDERAL TRUTH IN LENI)iNG DISCL03UItES
a. Gash PrIce $ S, ODO on
b. Cash Downpaytnent $ 2, 400 .00 ~
c. Unpaid Balance of Cash Price 5, 600.00
Amount Financed (a-b) ~
d. FINANCE CHARGE (consisting solely of a
time price differential) $ 1, 960.00
e. Deferred Payment Price (a-}-d) ~ 9. 960 .00
f. Total of Payments (c-}-d) $ 7, 560.00
ANNUAL PERCENTAGE RA1'1~: ? 2- 50 %
I. we. or esch of us, whether principal, aecuritq. guarsntor~ endorser or other partq hereto, agree to
be jointly and severally bound. I or we. esch further waive demaud, protest and notice of demsnd~ protest and
nonpaymenk . _ .
MORTGAGOR FURTHEB AGREE3:
1. To make all p~yments required by that nots and thi~ mortgage prompUy when due.
2. To pay all taxes, sssessmenta, liens and encumbrances on that property promptly when dne. If
they are not promptlq paid, th~ Mortgagee maq pay them without waiving the option to foreclose, and such
payments, with interest thereon from the date of psyment at the same rate as specified in that note, shall
also be secured by this raortgage.
3. To commit, perniit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses rea.gonably incurred by the blortgagee because of failure of the Mortgagor
to comply with the agreements in that note or this mortgage. including reasonable attorneys' fees. The cost
thereof, with interest thereon fmm the day of payment at the same rate as specified in that note, shall also
be secured by this mortgage.
b. If any payment provided for in that note is not paid within 30 days after it becomes due, or if any t
agreement in this mortgage other than the agreement to make the payments is breached. the entire unpaid
principal balance of tha± note shall immediately become due at the option of the Mortgage~ and the bior~
gagee may foreclose this mortgage in the manner provided by 1aw. and have the mortgaged property sold to
satisfy or apply on the indebtedness hereby secured.
6. The rents and profits of the mortgaged property are also her~by mortgaged, a~d 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 hereb~ secured, regardless of
the solvency of the Mortgagor or the adequacy of the security.
IN WITVESS WHEREOF. the Mortgagor has eYecuted this mortgage under seal on the date and
year first above written.
Signed~ s and delivered ~ ,
in the nce o~/~ % ~ ` -
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(SEaI.)
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L "L.L "/~f L:c.,? ` _ ~ ~ -~c. tc_.z_c (SEAI.)
As Wit es to e Mo gors. -
STATE OF ~
COUI~'TY OF = ` ~X
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me
Before me,
well known and known to me to e individual described in and who execu?.,ed the foregoing instrrument and
acknowledged before me tha executed the same for the purposes therein expressed. ~ ~
~ Witness my hand and seal this a~ day of 19 _ ,
Nolory P~6Fc, Sfafe of ilo~Jo at LarBe
My Cor~r»ss~on Eap~res May 31, 1977 ~p n the unty and StatB aforess~i
eond.a by a,rte+::«, F~~o a co.u3~t, co. - • _7 .
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