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HomeMy WebLinkAbout2116 t I. we or either of us. whether principal. aecurlty, guarantor. endoraer. or other party hereto. agree to be jointly aad severally bound. 1 or we~ each further waive demand~ proteat snd notice of demanda, protest~ and nonpayment. F•EDERAL TItUTN IN LENDING DISCLOSUR~S a. Cash Price ~ ~ 7, 250.00 b. Cash Downpayment $ 1, 450 . 00 m c. Unpaid Balance of Cash Price 5$00.00 ~ A^ n Amount Financed (a-b) $ ~ ~z> ZT d. FINANCE CHARGE (consisting solely of a 00 c, ~ o~ time price differential) ~ 2 030 . n1t C~ ~Iw r~ p ~ -~[Z~ :~C e. Deferred Payment Price (a+d) $ 9 ~ ~o n-n* f. Total of Payments (c-~d) g 7, 830 .00 ~ ~ 12 50 ~ ~ ANNUAL PERCENTAGE RATE • % I, we. or each of us, whether principal. security. guarantor, endorser or other patty hereto, agree to be jointly and severally bound. I or we. each further waive demand. pmtest and notice of demand. protest and nonpayment. ~ DiORTGAGOR FURTHER AGREES: 1. To make sU payments required by that note and thia mortgage promptly when due. 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 Lhe 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 property. 4. To pay all expenses rea.sonably incuned 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 ooat j 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 becomes due, or if any F agreement in this mortgage other than the agreement to make the p~yments is breached~ the entire unpaid principal ba~ance of tha± note shall immediately become due at the option of the Mortgagee. and the Mort- ~ gagee may foreclose this mortgage in the manner pmvided hy law, and have the mortgaged property sold to satisfy or apply on the indebtedness hereby secured. 6. The rents and profits of '~he mortgaged property are also hereby 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 pacecuted this mortgage under seal on the date and 3 ear first above written. Signed. sealed and delivered in the p e . t (SEAL) ~ x (SEAL) As Witness t e ga~ors. - ,.:.s ~a ; ; STATE OF ~ COUNTY OF ~ ~ ~ ~ _ ~ t~ to me ~ Before me, ~ well known and known to me t e individusl described in and w ecuted the foregoing inatrument and ~ acknowledged before me that ecuted same for the purposes ere ressed. ~ ~ , ' r c , ! . ~ Witness my hand and seal thi day o ~ ` . : ' ~ ~ in an for the County and Stata ~oresgid. ~ t.. . _ ; ~ My commisaion expires ~ ~ " ~ - ~'1~ . n•~ ~r ~ . . ~ 4 . z> . ~ a R 228 PacE2~~ ••E--- BOOK , ~ _ _ _ _ - - - ~~=*s~ ~.s~?~ .-v__.__.~-. : . -