HomeMy WebLinkAbout1347 I. we or either of us, whether principal. security. guarantor. endorser. or other party hereto, agree ta
be jointly arid severally bound. I or we, each further wsive demand. protest and notice oi demands, proteak and
nonpayment FEDERAL TRUTH 1N LENDiNG DISCLOSUItE3
7 000 .00 2~`~s
a. Cash Price ~ '
b. Cash Downpayment ~ 1,050 .00 D
c..
c. Unpaid Balance of Cash Price 5, 950 .00 ~
Amount Financed (a-b) $ ~ o~o
~
d. FINANCE CHARGE (consisting solely of a T ~
time price differential) $ 3,331.28 _ ~ ~a~ ~
tnCj~~
. ~r1 +O-r~2n ~
e. Deferred Payment Price (a~-d) ~10,331.28 = AA~
f. Total of Pa,yments (c~-d) $ 9, 281. 28 t
t
ANNUAL PEBCENTAGE RA1
~ 11. 9 9 ~ , fiL
1,
~ I, we, or each of us. wbether principal, aecurity~ guarantor. endorser or other party hereto, agree to
~ be jointly and severally bound. I or we~ ench further waive demand, protest and notice of demand, pmtest and
nonpaymenk
MOATGAGOIt FURTHEB AGREES: - ' ~
l. To make all psymenta re4uired by thst note and thia mortgage promptly when due.
2. To pay al! taxea, ~~n?ent~ liens and eacumbrances on that property prompUy when due. If
they are not promptlq paid. the Mortgagee msq pay them without waiving the option to foreclose, and such
payments, with interest thereon fmm the date of paymeat at the same rate as specified in.that. mo~.e, shall
also Ue secured by this mortgage.
t 3. To oommit, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably incurred by the Mortgagze because of failure of the Mortgagor
to comply with the agreements in that note or this mortgage, including reasonable attorneys' fees. The cost
thereof, vrith intere3t thereon from the day of payment at the same rate as specified in that note, shaU also
be secured by this mortgage. •
j 6. If any payment provided for in that note is not paid vvithin 30 days after it becomes due. or if anq
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 Mortgage~ and the ~tort-
gagee may foreclose this mortgage in the manner provi3ed by }aw, and have the mortgaged property sold to
satisfy or appjy on the indebtedneas hereby sec~ued.
6. The rents and profits of the mortgaged property are also hereby mortgaged, and if proceedings
to foreclose this mortgage shaU be instituted. the oourt having jurisdiction thereof may appoint a receiver of
~ the mortgaged pmpertY and apply those rents and pmfits to the indebtedneas hereb~ secured, regardless of
the solvency of the Mortgagor or the adequacy of the securitp.
IN WITNESS WHEREOF, the Mortgagor has exe~cuted this mortgage under seal on the date and
year first above written. .
Signed, sealed and delivered .
in the presence of : ~
~ ' r
~ ~ ~ ~ (SEAL) 3
,
~ ~ (SEAL)
~ As Witnesses to he Mortgagors.
~ STATE OF ~ -
~ COUNTY OF ~ ,
.
Before me, to me
well known and known to me to the individual described i and who executed the foregoing instrument and
acknowledged before me that~executed the same far the purposes therein expressed. :
.
_
. O -
Witness my hand and seal this a G daq of ;19~ ~ ,
~ -
NM~r7 ?~byt. SIaI~ o/ qorido at b~ ~ -
~O1p"TM~«~ Exp:.~ Mor 31 19° ~Iota a for t County and:5~ ,.te~a~ld. ;
8°"d'd b~. Muricon F;r• 3 CQ,uoi?r 4 -
Aiy commissior. expires d R~~n ~~6
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