HomeMy WebLinkAbout1980 I. ~?e or either of us. whether principal. securlty. guarantor. endors~r. or other party hereto. sgree to
be jointly and severally bound. I or we. each further waive demu?d. pmtest and notice oi demands, protask and
nonpayment. FEDERAL ~'AUTH 1N LBNDING DI3CI.OBURr3
a. Cash Price ~ 7, 250 . 00
~ 25 . oo '~~$15
b. Cash Downpayment ~
c. Unpaid Balance of Cash Price „
Amount Financed (a-b) ~~i.,..S? 5. 0 U ~ ~
~ y
d. FINANCE CHAAGE (oonsisting solely of a Ao~~
nA
time price differential) $-2-s2$-3 - 6~
~~l~t ~RA
_ .~D j
~ r.
e. Deferred Payment Price (a-}-d) a ~ `
o ° A
f. Total of Payments (c-}-d) 8 08 . 6 0 y,. °
' _ ~N~.°..
ANNUAL PERCENTAGE RATE ~~~~A ~ ~
t
I, we. or each of us, wbether 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.
MORTGAGOB FURTAER AGBEES:
1. To make sU payments reqnired by that note and this mortgage promptly when due.
2. To pay all taxes. as.~essments. liens and encumbrances on that pmperty promPUy When due. If
they are not prompUy paid. the Mortgagee msy pay them without waiving the option to foreclose. and such
payments, with interest thereon from the date of pa3?ment at the same rate as specified in thst note, shall
alsn be secured by this mortgage. _
3. To commit. permit. or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pav all expenses rea.5onably incurred by the Mortgagee because of failure of the Mortgagor
to comply with the agreements in that note or this mortgage. including ressonable attorneys' fees. The cost
thereof, with interest thereon fmm 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 beoomes 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 af ~the option of the Mortgagee. and the9 M~O ~
gagee may foreclose this mortgage in the manner provided by law. and have the mortgaged pr~pertY
satisfy or applp on the indebtedness hereby secured.
6. The rents and profits of the mortgaged propertY sr~ 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 those rents and pmfits to the indebtedness her~b3 secured. regardlesa of
the solvency of the Mortgagor or the adequacy of the seeurity.
IN NITNESS WHEREOF. the Mortgagor has e~cecuted this mortgage under sesl on the date and
year first above written.
Signed. ~aled and delivered
in the prese • C:~
(SEAL)
_ . (SEAL)
As itnesses to e Mortgagors. -
STATE OF r ~ • ~
~ `
COUNTY OF _ • :~'t; - - ~
Before me, - -~~~y J~ -
well known and known to me t the individual d "bed in d who exec _ e foregoi~g/instTUtne~~ a,'t~~_
;
,
1 .
acknowledged before me tha ecuted the the~ p ses the~$jn
Witness my hand and seal th s~!
day of -
No ffie u ~r.3 State afo -
` ~
My commission expires
- - . aooK2~~9 ~1984
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