HomeMy WebLinkAbout2088 - - - _ - - - - - -
I, we or either of ua. whether principal. security. guarantor. endorser, or other party hereto. agree to
be jointly and aeverally bound. I or we. each further waive demand. pmtest and notice of demanda, proteat, and
nonpayment FEDERAL TRUTH IN LENDING DISCLOSURES
a. Cash Price ~13 , 000 . 00
- b. Cash Downpayment $ 2, 600 .00 ~~J~
c. Unpaid Balance of Cash Price 10 400.00
Amount Financed (a-b) S ~ ~ ~
d. FINANCE CHARGE (consisting solely of a ~ 4~~,~~~'..~:
time price differential) $ 3, 640 .00 _
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M~ Z'C1A
16 640 .00 a' ~ =~sr.
e. Deferred Payment Price (a-}-d) $ ~ ~ r, ~-+c. ~
~~~s :
f. Total of Payments (c~-d) g14,040.00 ~ a~
12.50 ~
ANNUAL PERCENTAGE RAT~: ~
I, we. or each of us. whether principal. security. gvarantor. endorser or other party hereto~ agree _ to
be jointly and severally bound. I or we. each further waive demand, protest and notice of demand, protest and ~
,
nonpayment.
MOItTGAGOR FURTHER AGREES:
l. To make all paymenta required by that note and thia mortgage promptly when due.
2, To pay a11 ta~ces, assessmenta~ liens and encumbrances on that property promptly when due. If
they are not promptly paid, the Mortgagee may pay them without waiving the option to foreclose. and such
payments, with interest thereon fram the date of payment at the same rate as apecified in that note, shall
~ siso be secured by this mortgage.
; 3. To commit. pemait, or suffer no waste. impairment or deterioration of the mortgaged property.
~ 4. To pay all expenses rea.9onably incurred by the Mortgagee 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 prnvided for in that note is not paid within 30 days after it becomea due, or if any '
agreement in this mortgage other than the agreement to make the payments is breached, the entire unpaid i
principal balance of tha± note shall immediately become due at the option of the Mortgagee, and the Mort- i
gagee ma,y foreclose this mortgage in the manner provided by law. and have the mortgaged property sold to ~
~
satisfy or apply on the indebtedness hereby secured. x
6. The rents and profits of the mortgaged property are also hereby mortgaged~ and if proceedings i
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. reSardless of ;
the aolvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF. the Ddortgagor has executed this mortgage under seal on the date and
year first above written.
Signed, sealed and delivered ?
in the presence of : . .
c_ '
~ ' ~ . ~ c C, i_ J ~ ' , ~--FSEAL)
~ U ~ lc_,L+`:'Lr'~L-.. (SF.AL)
~ i to , e Mortgagors. `
~ .
~ STATE OF ~
~ COiJNTY OF - - `
. ~
~ Before me. --v ~ ~e ~ ' to me ~
well known and known to me to be e indivi al described in and who executed the foregoing ir~umept and ~
• ~
acknowledged before me tha executed the same for the purposes therein exprc+qged: ~_P~~, n~ 9; .
~ ~ : . ,..~«.~t" -
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Witness my hand and seal this ~ ~day of ' 19~1C:: ~
~ r ~ . `t'~ .
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Notary hibit, Stot~ of Fbrido at Lor@~ ~ ,
/r1r Carreission E:pires May 11, 1977 N or th UIItj~ AIId~ .S~'t.C 8~0l~d;- .
~ boded br M~erican f~~o 3 Cosuolrr Co. 4~ ls- G_ '
~ ~+iy commission expires , O R ~~Q ~„u h1lU~ -
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