HomeMy WebLinkAbout2136 I. we or either of us, whether principal. aecur[tq. guarantor. endorser, or other party hereto. agree to
be jointly and severally bound. 1 or we. each further rraive demaud. proteat and notice oi demsnda. proteat, snd
nonpayment. FgDERAL TBUTH IN LBNDING DI3CIA3URS3
a. Cash Price ; 8.000.00
b. C~sh Downpayment : 3, 300 . 00
c. Unpaid Balance of Cash Price
Amount ~nanced (a-b) ; 4, 700 .00 ~ ~
d. FIh'ANCE CHARGE (consisting solely of a ;p~
time price differential) ' ~ 2~631.52 ~e~ A,~~
e. DeferredPaymentPrice (a-{-d) $ 10.631.52 ~orO~~~'r~
~Cy~~
y °-'=;s~
f. Total of Payments (c+d) ~ 7~~31.52 ~ ~M~
r-~w
ANNUAL PERCENTAGE RATE 11. 99 /o y ~?o
~
I. we. or each of us, whether principsl. eecuritq. guarsator, endorser or other party hereto. Lo
be jointly and severally bound. I or we. each farther waive demand. pmtest and notice of demand, protest and
nonpayment. '
MOBTGAGOR FURTHER AGBEES:
1. To make all payments re9uired by tLat 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 prompUy paid~ the Mortgagee may pay them without waiving the option to foreclose, and such
payments, with interest thereon fmm the date of payment at the same rate as apecified in that note, ahall
also be secured by this mortgage.
3. To commit. permit, or suffer no waste, impairmei?t or deterioration of the mortgaged propertY.
4. To pay all expenses rea.sonably incun~ed by the Mortgagee bec~wse of failure of the Mortgagor
to comply with the agreements in that note or this mortgage. including reasonable atterneys' fees. The cost
, thereof. with interest thereon from the day of payment at the satne rate aa specified in that note, ahall also
~ be secured by this mortgage.
' S. If any paymenr pmvided for ia 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 brea,ched. the entire unpaid
~ principal balance of tha*_ note shall immediately beoome due at the option of the Mortgagee, and thegMa ~
~ gagee may foreclose this mortgage in ffie manner provided by law, and have the mortgaged prvperty -
~ satisfy or apply on the indebtedness hereby seceued.
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 aPP~Y those rents and profits to the indebtedness hereb~ secured, reSardless of
the solvency of the Mortgagor or the adequacy of t~e security.
IN WITNESS WHEREOF. the Mortgagor has eaecuted thia mortgage under seal on the date and
year first above written.
Signed, sealed and delivered ~
in the presence of : - ~
~ ~ - (SEAL)
~ ~ / '
` ~~~1~lc C~ r~ ~ .i-~ (SEAL)
As Witness he Mortgagors.
~ STATE OF-~ '~ti~ " .
x~ ~
~ COUNTY OF
~ ~
_ ~ to me
~ Before me,
well know~r? and knQwn to me t the individual described in and who execu the foregoing instrument snd
acknowledged before me t executed for the purpo th ~ exPressed•
~a - , / t c~-
~ W n ~ ~-Fja~d an~ seal this (l day f .
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