HomeMy WebLinkAbout2108 I, we or either of us. whether principal~ securlty. 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. grotes~ snd
nonpayment. FEDERAL TRUTH IN LENDING DISCLOSURES
a. Cash Price ~ 7 ~,250 .00 '
b. Cash Downpayment $ 1; 087 . 50
~ ~
c. Unpaid Balance of Cash Price ~
-
Amount Financed (a-b) ~ 6 162.50 r.
ora ~ a. ~ ~v
d. FINANCE CHARGE (consisting solely of a
time price differential) cs r~~: ~o~
v+ ~
1(1 _ F~99 g o~ j~
e. Deferred Payment Price (a-}-d) ~ $ -
. 9.612.48 = ~
f. Total of Payments (c-~d) ~ ~
ANNUAL PERCENTAGE BATE 11. 99 ~o L ~
I, we. or each 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, proteat and notice of demand. ~rotest and
nonpayment.
MORTGAGOR FURTHER AGREES:
1. To make all payments required by that ~note and this mortgage pmmpUy when due. ~
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2. To pay all taxes, assessments, 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 from the date of payment at the same rate as specified in that note, shall +
also be secured by this mortgage.
3. To commit~ permit. or suffer no waste, impairment or deterioration of the mortgaged pmperty '
i
4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor {
to comply with the agreemenYs in that note or thia mortgage. including rea.gonable attorneya' fees. The cost t
~ thereof. with interest thereon from the day 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 beoomes due~ or if any
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~ agreement in this mortgage other than the agreement to make the payments is breached. the entire unpai
principal balance of tha*_ note shall immediately become due at the option of the Mortgagee, and the Mor~
~ gagee may foreclose this mortgage in the manner provide~l by }aw. snd 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 herebq mortgaged. and if proceedings !
to foreclose this mortgage shall be instituted, the oourt 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.
IN WITNESS WHEREOF, the Mortgagor has executed thia mortgage under seal on the date and
year first above written.
Signed. sesied and delivered n :
in th ~re~ence of : • ~
, ~'7~., ~.L i. ~ u~e~-~-~ (SEAL) F
~ ~
_ • ~ ~ (SEAL) ~
itnesses . e ortgagors.
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STATE OF
t .
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~ COUNTY OF _ . n ~ ` ~ ~
~4 f ! to me
~ Before me, •
~ well known and known to me the individual described in and who ecuted the foregoing instrument and ;
~ acknowledged before me tha ~ ec ted the same for t purpo ~ exP~e~• ~ ;
~ - ;
~
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~ - Witness my hand and sesl thi day o~ ~ , ~
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No ~n and r the Connty and State;~~ • _
--7 _ .
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My commisaion expires ' - L'~ • ' ~
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