HomeMy WebLinkAbout2104 I. we or either oi ua whether principal. eecurity. guarantor. endoraer. or other psrty her~bo~ sgree to
be jointly and severally bound. I or we. each further w~ive demand. proteat and tatice oi demands, pmtest, and
nonpayment. FEDERAL TRUTH IN LENDING DISCIA3URES
a. Cash Price ; 8, 000 .00
. b. Cash Downpayment = 5, 000 . 00 :
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c. Unpaid Balance of Cash Price 3, 000 . 00 ~ ~
Amount Financed (a-b) $ ~ ?
d. FINANCE CHARGE (oonsisting solely of a ~
time price differential) ~ 629 •88 a~c ;
;
e. Deferred Payment Price (a+d) j a~, 6?9 _ 88 ~ ~~~C '
~on ° =~i
~ ~so..,a
f. Total of Payments (c+d) ~-3rfi2.~ •8$--- ~ A~ ~
ANNUAL PERCENTAGE RATE 12 .83 q6 i ~
I. v~e, or esch of us, whether principal. security, guarantor; endorser or other party hereto, ee to
be joindy and severally bound. I or we, each further waive d~naad, protest and notice of demand. pmtest and
nonpayment.
MORTGAGOR FURTHER AGREES: ~
1. To make all payments re9uired by thst note and tbie naortgage promptly when due.
2. To pay all ta~ces, sssessraents, liens and encumbrancea on that propertq promptly when due. If ~
they are not promptly paid, the Mortgagee may pay them withont waiving the option to foreclose, and auch ~
payments, with interest thereon from the date of payment at the aame rate as apecified in that note, shall
aiso be secured by this mortgage.
3. To commit, permit. or suffer no waste. impairment or deterioration of the mortgaged property.
' 4. To pay all expenses reasonably incurred by the b[ortgagee because of failure of the Mortgagor ~
i to comply with the agreements in that note or this mortg~?ge, including reasonable attorneys' fees. The coat i
~ thereof, with interest thereon from the day of gayment at the ss~me rate as specified in that note, shall also ~
; be secured by this mortgage. ~
~ ent rovided for in that note is not paid wittun 30 days after it M~comes due. or if any
~ 5. If anY paym P
agreeznent in this mortgage other than the agreement to malce the p~yments is breached, the entire unpaid
principal balance of tha± note sha11 imn?ediately beeome due at the option of the ~dortgagce, and the Mor~
gagee may foreclose this mortgage in the manner pmvided by Iaw.• and have the mortgaged propertY sold to
saEisfy or apply on the indebtedness hereby sec~ed-
6. The rents and pro5ts of the mortgaged pmPertY are also bereby mortgaged, and if proceedings
to foreclose this mortgage shall be instituted, t2ie cAUrt having jurisdiction thereof may appoint a receiver of
the mortgaged proP~Y ~$PP1Y those rents and pmfits to the indebtedness hereby secured. ='eSardless of
the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has escecuted this mortgage under seal on the date and
year first above written. -
Signed. seal d delivered
inthep ~of: ~ . i I
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As Witn t e Mort rs. ~ -
STATE OF ` a'~ _ ;~`,'e~ i
~ Y OF ~ Q,O~`J~ :1` .
~ COUNT ;:~Q
Before me, ~ ~2tc. " .tO.~'
~ well known and known to me t the individual described in and who ex foregoing insErurhei~~~a~d' -
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acknov`ledged before me tha ecuted e for the ~n ~P ;
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Witness my hand and seal this~l.~-~Y of =
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' No in and or the County and State aforesaid. ;
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