HomeMy WebLinkAbout2112 ~ i
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I. we or either of ua, whether principal. eecuritq~ gusr~u?tor. endorser~' or other psrty h~reto. aQtes to
be jointly and severaUy bound. I or we. each further waive demAnd. proteat and notice oi demands. pretes~ ~nd
nonpaymenk FEDERAL TRUTH IN LENDING DISCLOBUIt~B
s. Cash price ~ 7,,Z50.00
b. Cash Downpayment ~ 1. 087. 50 ~
~~n y~ 3
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c. Unpaid Balance of Cash Price ~r `
6.162. 50 ae+ oco
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Amount Financed (a-b) a - - - -
d. FINANCE CHARGE (oonsisting solely of a p•~ ;
time price differential) 294.16 mCO°~
` ~ J~~~A !
e. Deferred Payment Price (a+d) $ 8. 544 18 gs ~
~ A r~- m
f. Totsl of Paynaents (c~-d) ~ 7, 456. 68 ~
ANNUAL PE~tCENTAGE RATE - 12. 83 ~
~
1. we, or eaah of us, whether principal. aecurlty. guarantor. endorser or other party hereto, agree to
be jointly and severally bound. I or we~ each turther waive demand. pmteat and notice o! demand. pmtest and
nonpaymen~
MOATGAGOR ~URTHEB AGREE3:
1. To make sU paymente required bq that note and this mortgage promptly when due.
2. To pay all taxes. assesamente, liens and encumbrancea on thst property proraptly when due. If
asse a
they are not pmmptlY paid, the Mortgagee may psy them without waiving the option to foreclose, and auch
payments, with interest thereon from the date of payment at the same rate as apeci6ed in that note, ahall
also be secured by this mortgage.
S. ~ To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged propert3?. !
4. To pay all expenses reasonably incurred by the Mortgagee becaaae of failure of the Mortgagor ;
' tu comply with the agreements in that note or thia mortgage. including reasonable attorneya' fees. The c~t
~ thereof, with interest thereon from the day of payment at the sarae rate as specified in that n~ote, shall a18o i
be secw~ed by this mortgage.
{ 5. Ii any payment provided for in that note is not paid within 30 days after it becomes due. or if any
` agreement in thia mortgage other than the agreement to make the pa,ymenta ia breached, the entire nnpaid
pri~ipal balance of tha* note shall immediately becwme due at the option of the Mortgage~ and th ~M~do
~ _ ;
gagee may forecloae this mortgage in the manner prbvided by law, and have.the mortgagred propertY ~
satiafy or apply on the indebtednesa hereby secured.
6. The renta and profits of the mortgaged propertY are also hereby mortgsged, and if proceedings
to foreclose this mortgage shall be ic~stitut¢d~ the court having juriadiction thereof may appoint a receiver of
the mortgaged property and apply those rents and profits to the indebt.edness hereb3 secured, i'e8ardless of
the solvency of the Ddortgagor or the adequacy of the security. _
IN WITNESS WHEREOF, the Mortgagor haa executed this mortgage under seal on the date and :
year first above written. i
Signed, aealed delivered
in the p f : / _
~C (SEAL)
(SEAL)
As Witnesses Mortg~go '
~ STATE OF ~ C^'
,
~ COUNTY OF ±
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Before me, ~ • to me :
~ weU known and known to me to e individu described in and who execu the foregroing inatrument and
~ acknowledged before me tha ecuted for the ses th ' expressed.
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ypitn~ msr h~rr~F'~}nd seal this ~ ~ay o
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No in and or the County and State aforesaid. 3
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