HomeMy WebLinkAbout2140 I. we or either of us. whether principal. aecurity. guarantor. endorser. or other party hereto~ agree to
be jointly and severally bound. I or we. each further waive demand. pratest and notice of demenda. protes~ and
nonpayment. FEDERAL TRUTH 1N LENDING DI3CL03UBES
a. Cash Price ~ 7, 250 .00
b. Cash Downpayment $ 1, 087 . 50
~
c. Unpaid Balance of Cash Price 6,..162.50 ~
Amount Financed (a-b) $ ~ o a„~~
d. FINANCE CHARGE (oonsisting solely of a 3 449. aA~~~
time price differential) $ a 98 ~ a:~ ~n ~~Ab
•ncG°x
e. Deferred Payment Price (a-}-d) ~ 10 , 699 . 98 ~
f. Total of Payments (c-~d) g 9, 612 . 48 r; ~
- ~
ANNUAL PERCENTAGE RATE 11. 99 ~fo
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~ pmtest and
nonpayment.
MORTGAGOR FURTHER AGREES:
1. To make sU payments required by that note and this mortgage promptly when due.
2. To pay all taxes, assessments, liens and encumbrances on that property promptlq 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 incurre~ by the Mortgage~ because of failure of the Mortgagor
to comply with the agreements in that note or this mortgage. including reasonable attorneys' fees. The cost
f thereof, with interest thereon from the day of payment at the same rate as specified in that note, shaU 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 p~y?ments is breached, the entire unpaid
principal balance of tha± note shall immediately become due at the option of the Mortga~ee, and the Mor~
gagee may foreclose this mortgage in the manner pmvided by law, and have the mortgaged prnperty sold to
satisfy or apply on the indebtedness hereby secu~d:
6. The rents and profits of the mortgaged pmperty are also hereby mortgaged. and if proceedin8s
to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of
the mortgaged property and apply those rents and profits to the indebtedness hereb~ secured~ regardless of
the solvency of the Mortgagor or the adequacy of the security.
IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under seal on the date and
year first above written.
Signed, sealed and delivered
in the presence of : •
~ ~~yy, - (SEAL) ~ -
- _ _ •
~ ~ - - ( SEAL)
,
As Witnesses to the Mo ago~s ~ ~ ~ ' '
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, ~ ~s " ,
STATE OF , ' • ' ~
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~ COUNTY OF „ ~ _ -
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~ Before me. ~ - .„A
5 • ~Y` .
~ well known and known to me the individual described in and who ecuted the forego1n' .;ibst~
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~ acknowledged before me that xecuted e for t purpo ein expresse~,) s~~~:~~ G~`
~ ,.'~rr~,nslt~»`'~
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~ Witness my hand and seal this~-day
~
~ otary in for the County and State aforesaid.
~ :Hy commission expires ~ "
600K ~~S PAGE 2135
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