HomeMy WebLinkAbout2655 I. :se c~r either oi us, whether principal. seeurity, guaranto~~ endor~er. er other party hereto~ agree to
be jointly and severally ~und. I or Ke. each further waive demand. protest and notice of demands, pmte~t~ and
r.on~ar•ment.
FEDEBAL TRCTH IN LENI)iivG DISCLOSURES -
a. C~~h Price ~ 12 ~ 000 .00 ~ :
~
b. Cash Downpayment $ 3, 600 .00 ~ ~
c :
1C'~ ~ c' a~' i
c. Unpaid Balance of Gash PriLe a; ;
Amount Financed (a-b) g 8,400 .00 0-~ ~~Q
.._n
d. FI~'Ar'CE CH:aRGE (consisting solely of a - ~ ~ ~
time price differenNal) g 4 704 _00 =
, ~ W ~ ~ ~Yr,
~ ~
e. Deferred Payment Price (a-~d) i f~ _ ~ p' ~
S-_-,-70~a ~04. _ ~ ~ ~
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f. Total of Payi?ients (c-}-d) g 13 ,104 .00 ~
- . s' ~
ANNUAL PERCENTAGE BA1'r: 11.99 q~ ~
I. we. or each of us, v~hether principal. securits, guar~ntor, endor3er ~r other partq hereto, agree to
h$ j~intl} and se~eraUy bound. I or Re. each f~~rther ~raice derr.and, protest and nutice of demand, protest and
nunpaytnent.
~IOftTGAGOR FURTHER AGREES:
1. To make all payments required by that aote aad this mortgage promptly when du~
2. To pay alI ta.res, assessments, liens and emumbrances on that property prompdy when d~ie. If
tney are not promptly pai~d, the 3iortgagee may paq them vvithout v~aiving the option to foreclose, and such
payments. ~-ith interest thereon frvm the date of payment at the same rate as specified in that not~ shall
also be secured by this mortgage. - . •
3. To commit, peraut, or suffer no waste,- impairnaent or deterioration of the mortgaged property.
` 4. To pay all eapense.4 reasonably incur.~ed by the Mortgagee because of failure of the ~iortgagor
~ to compt3 w ith the agf-eements in that note or this mortgage, including ressonaole attorneqs' fees. The cost
; thereof, n ith interest thereon from the dav of pa~-ment at the same rate as .peci~ed in that note, shall al~o -
be secured b3 this ~?ortgage.
E
~ 5. If any payment pmvided for in that note is not paid within 30 dz~ps after it becomes due, or if anq ~
~ agreement in this mortgage other than the agreement to make the pa,yments is bresched, the entire uapa:d ~
~ principal balance of tha*_ note shall immediatelq become due at the option of the 3iortgage~ and the ~iort-
~ gagee may fareclose this mortgage in the mauner provided by law, and hare the mort
~ satisfy or apply on the indebtedness hereby secured. p~y ~ld to
6. The rents and profits of the mortgaged pmperty are also hereby mortgaged, and if proceedings -
to foaeclose 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 indebtedriess hereb~ secured, regardiess of
the solvency of the biortgagor or the adequacy ~f the security.
II~I ~iTT2`ESS «'HEREOF. the blortgagor has executed this mortgage under seal on the date and
year first above written. -
~ Signed, sealed and delivered
~ in the presence of :
~ o L,~~( Q. e _ .~.~Lh Ab'?z-~ • ~ {SEAL) :
~ ' ' • ?
~ ' - f,S~4L) i
As Witnesses to rt
~ STATE OF ~ ~ ~
:
~ • ~
~ COIJ:~TT~'~ OT ,
€r '
~ i~ y .
~ ' ~ ~ '
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~ ~ to me ;
~
~ ~~c~pwn atKi•.k~i9~rn to me he individual described in and v~ho executed e foreg~oing instrument and
" a~inQpi~iedged be~o~e _me tha ecut the same the purp~oses ther~ res.ged.
~ - ti'=
~ ~ W~fhe.95~ny.' hand and sesl this day of 19 ~
~•1:,
-i . i e~`a i .
J i
Notary in and r the unty and State aforesaid.
My commis9ion eapires v^ /-6 ne~x~~ p~E~~~
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