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HomeMy WebLinkAbout2059 ~ 1. we or either of us. whether principal. aecsrity. guarantor. endorser. or other partp hento. agree to be jointly and severally bound. I or we, each further waive demand. protest and notice of demanda. protesk and nnnpayment FEDEBAL TRUTH 1N LENPiNG DISCLUSUBES a. Cash Price • ~ . ~ 1 600.00 ~ b. Cash Doa-~payment S ~ ~ ~ ~ <1- c. Unpaid Balance of Cash Price 6, 400 .00 ~ Amount Financed (a-b) S ~ ~ d. FINANCE CHARGE (consisting solely of a A 3, 584.00 N~' ~e , _ , time price differEntial) ~ ~ v ~ ~ ~ . ~ ' r • e.~•Deferred Payment Price (a+d) $11..584.00 _ ~ ~ , f. Total of Paymeats (c-}-d) $ 9, 984 .00 , ~ ~ ~ 11.99 ANYUAL PERCENTAGE BA1'~ 9'~ I. v~e. or each of us, whether principal, security. guarantor, endorser or other party hereto, agtee to be jointly and severally bound.-I or we, each further waive demand. protest and notice of demand, protest and nonpaymenk ' MORTGAG08 FUATHE~t AGREES: ~ l. ~ To make all p~yments required by that note and this mortgage pmmptly when due. 2. To pay all taxes. asa~'+smenta. liens and. encwnhrances on that property pmmptlp when due. If they arE not promptly paid, the ~ortgag+ee may psy them without waiving the option to foreclose. and such payments, with interest thereon frum the date oi payment at the same rate _ as specified ia -iha~t_ not~ shall also be secured by this mortgage. -3. To commit, permit, or suf.fer no waste, impairment or deterioration of the mortgaged property. 4. To pay all expenses rea.~nab1Y incurred by the Mortgagee becau3e of failure of the biortgagor i to comply with the agreements in that note or this mortgage. including reasonable attorneys' fees. The cost thereof, with interest thereon from the day of payment at the same tate as specified in that aote, shalt also be secured by this raortgage. 6. If any payment pmvided for in that note is not paid within 30 days after it beoomes du~, or if any agreement in ihis mortgage otber than the agreement to raake the payments is breached, the entire unpaid principal balance of tha± note shall immediai~ely become due at the option of the Mortgagee, and the Mor~ gagee may foreclose this mortgage in tbe manner provided by taw. and have the mortgaged pr~perty sold to satisfy or apply on the indebtednesa hereby secured. ~ 6. The rents and profits of the mortgaged properEy are also hereby martgaged, and if proceEdings to foreclose this-mort8a8e sha11 be instituted. the aourt having jurisdiction thereof raay appoint a recei~er of the mortgaged propertY and apply those rents and profits to the indebtedness hereb3• secured, regardless of the solvency of the biortgagor or the adequacy of the securitp. IN WITNESS WHEREOF, the Mortgsgor ,has executed this mortgage under seal on the date and year first above written. Signed, sealed and delivered in the presea~:e of • ` • (SEAL) ' - , - ~ ' (SEAL) As Witnesses to the ortgagors. - i STATE OF COUNTY OF ` Before me, ~ ~ - ' tO ~Q well known and ~known to me to the individual d in and who exec the foregoing instr~unent anci g,.:'. acknowlea~ed•-be~b~re~ me tha ecuted the the p ses t e ' e . . ~ • W'}tnesd~hgr~•hand and seal this~.-day of ~ ~ ~ . ~~1~~~ un and State atoresaid. - r. No an r~.P, tY vC My co ission= e~'stes - : k~t ik. ~ . . eooK 231 F~~ 2054