HomeMy WebLinkAbout0045 I. ae or either of us, whether principal. sec~ttty, guarantor. endorser. or other party hereto. agree to
be jointly and severaUy bound. I or we. each further waive demand. protest and notice of dem~~ ~~6 nd
nonpayment. FEDERAL TRUTH 1N LENDiNG DISCLOSURES ~
a. Cash Price ~ 7, 250 .00
~ b. Cash Downpayment g 2,175 .00
c. Unpaid B~lance of Cash Price ~
Amount Financed (a-b) $ 5~075.00
ns ~~a~~
d. FINANCE CHABGE (consisting solely of a 2~$41.16 w T~~As
~~.r,
- time price differential) $ N w~ vo°
e. Deferred Payment Price (a-~d) ~ 10, 091.16 ~
o~'~~
"p .n ~o
f. Total of Payments (c-}-d) ` g 7~ 916 .16 = ~~o
, ~ .
ANNUAL PERCENTAGE RATr: 11. 99 ry~ v' ~
I. we~ or each of us. whether principal~ security~ guarantor. endorser or other party hereto,~ agree to
be jointly and severaUy bounu. I or we, each further waive demand. protest and notice of demand. protest and
nonpayment.
MOATGAGOR FUBTHER AGREES:
1. To make all payments required by ~ that note and this mortgage promptly when due.
2. To pay all taxes, assesaments. liens and encumbrances on that property promptly when due. If
they are not promptly paid, the Mottgag~ee may paq them without waiving the option to foreclose, and such
payments, with interest thereon from the date of payment at the same rate as specified in that note~ shall
also be secured by this mortgage.
3. To commit, permit, or suffer no waste, impairment or deterioration of the mortgaged property.
4. To pay all expenses reasonably incurred by the Mortgagee because of failure of the Mortgagor
to comply with the agreementa in that note or this mortgage, including reasonable attorneys' fees. The cost
thereof, with interest thereon from the day of payment at the same rate as specified in that note, shall also
be secured by this mortgage.
; 6. If any payment provided for in that note is not paid within 30 days after it beoomes due~ or if any
i 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 Mortgagee. and the Mort-
~ gagee m~y foreclose this mortgage in the manner pmvided by law~ and have the mortgaged propertq sold to
! satisfy or apply on the indebtedness hereby secured.
~ 6. The rents and profita of the mortgaged propertq are also hereby mortgaged~ and if proceedings
~ to foreclose this mortgage shal! be instituted, the court having jurisdiction thereof may appoint a receiver of
~ the mortgaged property and apply those rents and prnfits to the indebtedness hereb3 secured, regardless of
E the solvency of the Mortgagor or the adequacy of the security.
! IN WITNESS WHEREOF, the Mortgagor has executed this mortgage under sesl on the date and
~ year first above written.
~ Signed~ sealed and delivered
s in the presenc of : ~
~ ~
k ~ ~
` A (SEAL)
~
; (SEAL)
it esses to ortgagor .
f
STATE OF
.
~ COUNTY OF
~ Before me, to me
i well kr~qwn and known e t the individual described in and who executed t~foregoing inatrument and
~ ac1wQ~?ledg~~ ~efore me tha ~ ecuted th e for the pu ses therein
: T . .
; _~J ~~~VRi~ess. ~ny hand and sesl thi ~ day of ,
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! - - vo~
i L' ~ L( G,' - p Q~ and i the Co te aforesaid.
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