HomeMy WebLinkAbout1992 I. we oc either oi us, v?kether principal. aecuritY. Bu:rantor. endors~r. or othc. patty hereto. sgree to i
be jointly and severallY t~ound. 1 or wre. each further vrai~e demand. protest and notice oi detnanda. protest, and
nonpaymenk FBDSRAL TR13TH iN LBhD1NG DISCLO6URBS
a. c.a~t~ rri~e a .S
G'. eo
b. ('ash DoM npas-ment a l ~J " ~ ~
C An N.~
r
c. Unpaid Balance of Ca~h Price ~ r ° ~
Amount Financed (a-b) $ ~ •C~ v~ °:°~co
D`'?
d. FII~ANCE CHARGE (consisting solely of a _
:nc~c~ ~
time price differentisl) a ` ~ - ^ ` o
~ f~ o~*a~~ W
A
e. Deferred Pa3 ment Price (a-~d) 3 = g' ~v ~
G' (1 - ~ ~ Y ~i > O M _
f. Total of Payments (c~-d) ~ t /~~y~ ~
ANI~UAL PERCEIti'TAGE RATE ~°7~~~ /
I. we. or each of us, wbether princiPal. aecuritp. SuaranLor, endorser or other party hereto. agree to
be jointly and se~eraUy bound. I or v~e, each fnrthe~ ~uvz demand. pratest and notice of demand. pmtest and
nonpayment.
MORTGAGOR FURTHTsR AGREES:
1. To malce all payments re9uired by that note and this mortgage promPdY Whe~? due.
2. To pay all taaes, as-sessments. uens and er,cumbrances on that pmpertY P~~P~Y ~hen due. If
they are not prompUy paid, the Mort888~ ~ay PaY the'n v~ithout aai~ing the option to foreclose, and such
payments, vrith interest thereon from the date of paYment at the same rate as specified in that note, shaU
also be secuted by this mortgage.
3. To commit, permit, or suffer no veaste, impairment or deserioration of the mortgaged property.
4. To pay all expenses reasonabl) incurted by the ~tortgagee because of failure of the Mortgagor -
to comply vrith the agreements in that note or this mortgage, including reasonable attorneys' fees. The cost
thereof. vrith interest thereon from the day of pasment at the same rate as specified in that note, shaU also
be secured by this mortSaSe- ~
i
S. If any paYment pro~ ided for in that note is not paid v~ithin 30 dsys after it becomes due, or ' any
~ agreement in this mortgage other than the agr~ement to make the p~znents is breached. the entire unpaid
principat balance of tha*_ note shaU immediately become due at the optio~ of the Mortgagee. and thesM~O
~
gagee may foreclosethe indebt.edne~sl hereL
~secu~redF.~~ded by lav~. an~ ha~e the mortgaged P~P~Y
satisfy or apply
6_ The rents and profits of the mortgaged propert? are a~O hereby mortgaged, and if proceedings
to foreclose this mortgage shall be instituted, the rnurt ha~-in¢ j~risdiction thereof may appoint a receieve~r ooff
the mortgaged PrnPert3 and aPP~) those rents and profits to the indebtedness hereb3 secured, re8ar~1
the solvency of the Mortgagor or the adequacy of the securit}.
IN ~~7TNESS «'HEREOF. the ~?iortgagor has execntcd is mortS88e under seal ou the date and
~ year 6rst above vrritten
Signed, sealed aiid delivered
in the presence of :
c ` • s'LG`'`' (eEAL)
.
~ J X AL)
As Witn to ort ~go ~
STATE OF -
COUNTY OF , a .
Before me. ~ ~ ~e
v~ell knovrn and knov`n to m t the indi~id described in and vrho e~ e oregoing insttument and
acknoRledged before~e tha eaec t sazn r erein
a . __,`ps„~~ y~
~~iF J ~
= ~`a~~~ '•~~gti~ aIl(~ tr~~~
~ t l~ . r ~ '
for the Co ty and State aforesaid.
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,~~~'~;r _ bifOK229 ~~1992
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