HomeMy WebLinkAbout2124 I~ we or either 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. protest and notice of demands, protes~ and
nonpayment. FEDERAL TRUTH IN LENDiNG DISCLOSURES
a. Cash Price $ 8,000.00 ~~~Q~
b. Cash Downpayment $ 1, 200 .0
c. Unpaid Balance of Cash Price ~
Amount Financed (a-b) ~~L-,~~~-- ~
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d. FINANCE CHARGE (consisting solely of a ~°~o~ ^
time price differential) 380 . 00 ~ ~ m
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38~.~0 ~ ''ovc~
e. Deferred Payment Price (a~-d) $ ~ ~ ~o~~~~ _
f. Total of Payments (c-~-d:? $ 9,180 . 00 =
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ANNUAL PEftCENTAGE RA'1'~ 12 : SO z
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, protest and notice of demand. protest and
nonpayment. ~ ~
MORTGAGOR FURTHER AGREES: _
1. To make all payments required by that note and this mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property prompdy 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 apecified in that note. shall
'i also be secured by this mortgage.
~ 3. To commit. permit. or suffer no aaste, impairment or deterioration of the mortgaged property.
!
~ 4. To~pay all expenses reasonably incurred by the Mortgagee because of failure of~ the Mortgagor
R to oomply with the agreements in that note or this mortgage, including reasonable attorneys fees. The cost
thereof~ with interest thereon from -the day of payment at the same rate as specified in that note~ shall also 4
be secured by this mortgage.
6. If any payment provided for in that note is not paid within 30 days after it becomes due, or if any
agreement in this mortgage other than the agreement to make the payments is breached, the entire unpaid
principal balance of tha± note shall immediately become due at the option of the Mortgagee, and the Mort- ~
gagee may foreclose this mortgage in the manner provided by law. and have the mortgaged property sold to s
satisfy or apply on the indebtedness hereby secured. . ~
6. The renta and profits of the mortgaged property are also hereby mortgaged, and if proceedinSs
to foreclose this mortgage shall be instituted, the oourt having jurisdiction thereof may appoiht a receiver of
the mortgaged property and apply those rents and profits to the indebYedness hereb3 secured. regardless of
the solvency of the Mortgagor or the adequacy of the security. -
IN WITNESS WHEKEOF~ ~he Mortgag~or has executed this mortgage under seal on the dat8 and
year first above written.
Signed, sealed and delivered
in the prese~?ce of :
~
~C~o-~..~-~ aryh a~-~T---cs~~2
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~ , `(~~~1~), ` . ,
. i r .
~ Aa Witnessea to 8'a~Qr , ~ ` j ~
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.~,~s . _z , +
~ STATE OF Q"'' , . • , ~ • ~ ; ' , i
~ COUNTY O - ! .n v~ ~ ~ ~ ~
~ Before me, ~ ~ `y~ . ~
well known and known to me to the individual d ibed in and who exec Led the foregoing : ina~niment.''~rY~:;: ~
4 acknowledged before me tha ecuted the - r the urposes therein pressed. ' ~
Witness my hand and seal this~C__'_-day of •
Notary in a r t Cou ty an State aforesai .
.
. dooK 228 ~ 21~9
My commission expires
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