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HomeMy WebLinkAbout0493 I. we or either of us, whether principal, aecurity. gu~rantor, ertdorser. or other p~rty hereto~ a,~tee to be jointly and aevprally bound. 1 or v?e, each further waive demand. protest and notice oi dem~nds, protest, and n~npa~ment. FEDERAL TRUTH IN LENDING DISCLOSURES u. Ca.sh Price S '7B~ - ~ ~~j~~~~ . t,. ('ash~ownpa~•ment g_ ~6'O • ~ r. Unpaid Balance of Gash Price a ~ ~ A ~ : Amount Financed (a-b) ' v~prer~ d. FI1'ANCE CHARGE (consisting solely of a ~ oe~ ` time price differential) a ~ ~'l0 - ;~Tms ' - Op v ~ r v e. Deferred Payment Price (a-}-d) ~ ••,eo€S o~~, ~ A ~-i f. Total of Payments (c-}-d) $ _ / ~10 - ~ ' ~ e° ^ ~n ~ to R ANNUAL PERCENTAGE RATE ~ Q. q~ ~ You have the option to void your contract or agreement by notice to the selier if you did not receive a Property Report prepared pursuant to the Rules and Regulatiors of lhe Office of Interstate Land Sales Registration. U. S. Department of Housing and Urban Development, in advance of.~or at the time of your signing. the c~ntract or agreement. If you received the Property Report less than 48 hours prior to signing the contract or agreement you have the right to revoke the contract ar agreement by notice to the seller until midnight oi the third business day following the consummation of the transaction. A business day is any calendar day except Sunday, or the following business holidays: New Year's Day, Washington's Birthday, Memorial Day, Independence Day, Labor Day, Veteran's Day. Columbus Day, Thanksgiving, and Christmas. . I. we. or each of us. whether principal. aecurity. guarantor, endorser or other party hereto. agree ta be jointly and se~~erally bound. I or we. each further waive demand, protest and notice of demand, protest and nonpayment. 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. 1f they are not promptly paid, the Mortgagee may pay them without waiving the option to foreclose, and such payments. with interest thereon from the date of payment at the same rate as apecified in that note. shell 81so be secured by' this morfgage. 3. To commit. permit, or sufTer 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 agreements in that note or this mortgage. including reasonable attorneys' fees. The coat thereof, with interest thereon fmm the day of payment at the same rate as specified in that note. shall alao be secured by this mortgage. S. If any payment provided for in that note is not paid within ~30 days after it becomes due. or if any agreement in this mortgage other than the agreement to make the payments is breached. the entite unpaid principal balance of tha! note shall immediately become. due at the option of the Mortgagee. and the Mort- ~ gagee may foreclose this mortgage in the manner provided by law, and have the mortgaged pr+operty sold to M satisfy or apply on the indebtedness hereby secured. ~ 6. The rents and f profits of the mortgaged pmperty are also hereby mortgaged, and if proceedings ' to foreclose this mortgage shall be instituted, the court having jurisdiction thereof may appoint a receiver of d ; the mortgaged property and apply those rents and profits to the indebtedness hereb~• secured, regardless of ! the solvency of the Mortgagor or the adequacy of the security. t' s IN WiTNFSS ~S'HEREOF, the Mortgagor has executed this mortgage under seal on the date aad 4 . ~ year first abo~e written. ~ ~ Signed, sealed and deli~•ere~l E in the pre.4ence of : ~ ~ ~ ' , J ~ L'~"~'C'~.t ~ . - - - - - (SEAL) ~ -f ~~I r~ ~ %Z ~z.Q.. - (SFAL) ~ As Witnesses to the ortga rs. ~ ~ s ~ ~ STATE OF- _ _ _ ' COUNTY OF_ Before me, _ to me ~ . _ ~ well known and known to me to the indivi al descri n and who executed the foregoing inatrument and ~ ; acknowledged before me tha _ executed the same for the purposes therein expreased. ~ ~ Witness my hand and seal this~.__day of 19 ~ ' • No in an for e u ~ , y nd State aforesaid. ~ My commiseion expires ~ , - ' p . ~ ~ - ~ ' " , - " ~ ~ ~ ~ ~ ' Q _ i ~ ~ N ~ ' ~ ~5~ ~ ~ . ~ ~ Pa~F •.,s.... ~ r- ~ . . - .