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HomeMy WebLinkAbout0489 MORTGAGOR FURTHER AGREES: 1. To make all payments required by that note and this mortgage promptly when due. 2. To pay all taxes, assessments, liens and encumbrances on that property promptly when due. Ii they are not promptly paid. the Mortgagee may pay them without waiving the option to foreclose. and such payments~ wilh interest thereon from the date of payment at the same rate as speci~ed in that note. shall also be secured by this mortgage. 3. To commit, permit, or sufter no waste. impairment or deterioration of the mortgaged property. To pay all expenses reasonable incurred by the Mortgagee becacse of failure of the Mortgagor to comply with the agreemenLs 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 speci~ed in that note, shaU also be secured by this mortgage. 5. If any payment provided for in that note is not paid within 30 days after it becomes due. or if aay agreement in this mortgage is breached. the entire unpaid principal balance of that note shall immediately become due at the option of the Mortgagee, and the Mortgagee may foreclose this mortgage in the manner provided by law. and have the mortgaged property sold to satisfy or apply on the indebtedness hereby secured. 6. The rents and prorts of the mortgaged property are 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 pro~ts to the indebtedness hereby secured, regardless of the solvency of the Mortgagor or the adequacy of the security. IN WITNESS WHEREOF. t.he Mortgagor has executed this mortgage under seal on the date and year Cirst above written. : You have the option to void your contract or agreement by notice to the seller if you did not receive a Property Repoirt prepared pursuant to the Rules and Regulations af the Offioe of Interstate Land Sales Registration, U. S. Departrr~ent of Housing and Urban Developmer~t, in advance of, or at the time af your signing the contract or agreemer~t. 1f you reoeived the Property Report ~ less than 48 hours prior to signing the contract or agreement you have the right to revoke the contract or agreeme~t by notice to the seiler unttil midnight of the third business day following the consumation of the trans~tion. A business day is any calendar day exoept Sunday, or the fdlowing business holid~ys; New Yearrs Day, Washington's Birthday, Mernorial Day, I~dependence Day, Laba~r Day, Veteran's Day, Columbus Day, Thanksgiving, and Chris~nas. Signed, sealed and delivered in the presence of: - ~ ' ~L A.• ~ r,-.. ~ - ~ Purchaser's Signature , . I ~ //~t _ ~.T~~~c2P~rnQJt~~ _ ~4~.st.~t ! Purchaser's Signature ~ As Witnesses to the Mortgagors. ~ILEU t~~ ~~C~+tUEO ~ ZT IJCi: : j,NT1' F~A. i FO~f.~ '.iAS ~ E , C~c'K ~ 'v: ` : CCURT E P~f:~ji'~ C~, [ lr x STATE OF -.~t.Z~ ~ ,f~ ui`lJ~~ 1 ~ ~ ,~i 30 8 4~ AH'~6 t. ~ COUNTY OF + ~Y~~ ~L, g ~ I hereby certify that on this day before me. an officer duly authorized in the state and county aforesaid to take ~ acknowledgments. personally appeared ~Q-r-~-~~z-t s~ Ii,~,,~' .~~7, f1~-~~~ ~ ~ _ ~ ~ . , ~ ~ !Q~ ~»Gi.h,to c]~i~ s~".~i.,-z,Zi ~ - ~ t o me known to be the person(s) described in and who executed the foregoing mortgage and acknowledged before me ~ that they executed the same for the purposes therein contained. ~ ~Vitness my hand and seal in the county and state aforesaid on this~day of . 19..~_ ; ~ ~ } _ ~ / ~'~l~.cr.~~'. - Notary in and for the County and State aforesaid. hCir^y P~'Bttr, STAtE ot f!OFI~I+ a1 URGE MY COMb1~S5tON EXPlRES 1UP~E 27, I9)6 WfiJtG IHnu .itlrtttAl IYJU~~+1~E UhDt?ir~n~~cn.. , ' `Iy Commission expires f r - = • ~ ~ , ' ~ 489 w ~..v~ Pa~c ~ . ~ ~ - _ . . ~