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HomeMy WebLinkAbout2128 . I~ we or either of us. whether principal, security. guarantor, endoraer~ or other party hereto. agree to be jointly and severally bound. I or we. each further waive demand. proteat and notioe oi demands, pmteat, snd T?onpayment. FEDERAL TRUTH IN LENDING DISCLOSURTS a. Cash Price a 7, 250 . 00 b. Cash Downpayment $ - c. Unpaid Balance of Cash Price 6, 525.00 Amount Financed (a-b) E A d. FINANCE CHA~tGE (consisting solely of a ' " o~ ~ time price differential) $ 2, 283 .60 ~l`o~~,.rA ao • ~ r ~ e. Deferred Payment Price (a-}-d) ~ 9, 533 . 60 _ ~ x~_ C " A ~ot, a a~~~ 8 , 808 . 60 C1i ~ f. Total of Payments (c-}-d) ~ ~ oy ~ ~ ~ ~ ~ ANNUAL PERCENTAGE RATE 12 . 50 ~ ~ ~ so I, we. or each of us, whether principal~ eecurity, guarantor. endorser or other party here to be jointly and severally bovnd. 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 thia mortgage promptly when due. 2, Ta pay aH taxes, assessments~ liens and encumbrancea 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 property. 4. To pay all expenses reasonably inc~rred by the Mortgagee because of failure of the Mortgagor to comply with the agreements in ~ that note or this mortgage. including reasonable attornes s' fees. The cost ~ 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 ~ 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 satisfy or apply on the indebtedness hereby secursed. 6. The rents and profits of the mortgaged pmperty are also hereby mortgaged, and if proceedings to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of the mortgaged property and apply thase rents and profits to the indebtedness hereby secured, regardlesa of the solvency of the Mortgagor or the adequacy of the security. IN WITNESS VVHEREOF, the Mortgagor has executed this mortgage under sesl on the date and year first above written. - Signed, sealed and delivered - ' _ in the presence of : ~ • ' ' • - f , / ~Ti"`q ` ~ ~C • ; K:.~ ~ ~f,..,,,~ , . l , _ ' ~z i i ~ . ' ` " As Witnesses to t e M rs. c=~ ' . ~r .7~,~ - ` . STATE OF ~ ~ - . = . ~ ~ . COUNTY OF ~ ' ' J ' ~~a jC, ~t~ - ~ . ~ ~ ~,A]@ ~ Before me ` ~ well known and known to me the individ al described in and who executed the foregoing inatrument ~?d ~ acknowledged before me tha ~ executed me for the purpo ~n ~P~~• ~ ~ ~ r+~ ` .L - Witness my hand and seal thi~day of . Notary in an for the Cou y and State aforesai . My commission eapires ~ V~ ~ ~ ~ - 800K ~~+0 PACf ~ - = , : ~ : , . -.ffF« `y_{"~ %t`` ~ 'X, ."a S ' _p~'."°''~~.a ~r'aam-~r'"`' . .?'.ss~._ . _