HomeMy WebLinkAbout1621 t ~ ' [ ' i
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S. To plao~ and co~tinuowH k~P a^ ~iN buildi~+p~ now a hK~aftK ~itwt~ on saW I~nd ai+d on d1 putpn~nt ~nd pKwntlN covKed bY this morl¢
p~. with dl p«niwn~ tMraon p~id in ful~, fin inw?a~a in th~ usual stand~rd polky ionn. in a wm app~ov~d by tM MORtGAGEE. ~e~d wi~m
ha~xa~w~ in tM ~nw) ~tand~.d pol~cy iom~. in ~ w~n ~VProwd bY tM MORTGAGEE. in wch oanP~nY c? oomP+niK as tM MQRTGAGEE ma~t
dinctt ~nd dl firs aod w~~n ira~Ka~w~ Pdici~s on +e~? of said bufid'u~. iny int~t tMr~in w psrt tl~wf, in tM +p~rpat~ ~wn ~fons+W a
tn ucaa ~her~of, tMll oo~uain th~ wv+l a~ndard mwt~+pN claus~ o? auch aha d~us~ a ~M Mort~+pM m+Y ?~v~?ir~ m+k~p ~M Iw~ undK said pol~
ci~s. ~tl~ and ew~Y. WYabl~ b s~id MORIGAGEE a its H?tKat may ~pp~ar. and ~ach and ewry svch po~icl? ahall M D~omPthl us:~nad ~nd dt~ivK~a) ro
~ny Mld by s+W MORiGAGEE as fu?tha secvrlty to s~W mortp+p~ d~W. +nd. nW bss tha~ 1ep (10) day~ In ~dvanc~ of the ~xpir~tion of ~ad~ Po1kY. to dr
livw fo sald MORTGAGEE • r~w~l t:~~of. fop~Ma witA a roaipt iw tM pnmiwn of wdr" reMwall and there sMll no f'u~ or windstc+rm inwrana
pl~a~d p~ a~y of ~aW bull~nps, u+y Int~nst tMr~in or put tMhof, unlas in th~ fam and with tM bss p~yabl~ a sforesaldj ~nd in tM ~veM any wm
mpyy ~n~ p~YaW~ w~ wch polky o~ pcl;cis pk! MORTGAGEE shall Mw tM op~an to nuiw and apply tM s~me on +ccow~t of tM ind~bted~
nas acw~d Iw~by a w p~h sald MORTGAGORS ~ nniw and uw H o? any put thereof for othcr purposes, without therebt waiv~~~ Of 1rt~pilh .1
inp any puity. Ua? or r'pht wida or by virtw of thh morty+~r a~d in tM ~wnt aid MORTGAGORS slwll fa ~ny nason fail w k~ep tM wid pnmises w
i~x~d. or bIl b deliwr PrampNr ~^p of said policies ot iraw~nn to s~id MOATGAGEE. or fail promP~M b P+Y f~IIY ~^Y P~~^ium ~Mrefa a tn +^r ,
r~sp~cr faU b pKforn~ dischar~t. ~x~cut~. ~fi~cL ~PMte, oomPN vrlth ~nd ~bid~ by this covenant, w any pan h~reof, s~W N10RTGAGEE n+~y pl~p ~r+d
WY fa wch Yaur~ or ~ny put tl+~nof without w~tvinp or aff~ctinp +nY aWi..~: I1N+. equiry, a riqht unde~ a by vir~w of this Mat~sp~, snd tM
full aenouot of ~ach a+d w~y wd~ p~Ym~M ~h+ll M imn~di+teh dw +nd pyabl°!^d sh+ll bea~ interest from tM dat~ thereof until p~id ~t th~ rat~ ot
niM pw o~ntum p~r ~~wwm and rop~ther with such interest ~MI{ b~ s~cw~d by tM IiM of this ma~rtp+y~.
1, To pandt, aommlt a wff~r no w~t~, Nip+lrmcot a d~teria~tio~ of wid p?op« ty a sny pwt tMrwf.
S. To p+y ~II and s~pvlar tM cab. d~p~s ud exp~+. ~cl~+~"p s^i+s°"+bl° sttornt~'s fN and oosts of ~bstracts of titk. incuned or p+td +1
sny tim~ by wid MORT(iAGEE. Mw~ a i~ Nw ~wnr of tM failuro on the p+rt of tl+~ uid MORTGAGOR ro duly. PrarPtly ~nd fvlly pKform, diulwr~.
~xecut~. ~ff~d. oompt~t~, cony?IY with and ~bide by ~ach and ewry tM stiput+tions, aqresn+eMs. conditions. aed oovenants of aid promiuwy no» u+d th4
mortyaps any or ~ithM. and said coay. ctw~s and ~xpm+~as, ~ad~ and ewry, sMll be immadiately dw ~nd payablr, whatF~er w not ther~ b~ notiu ds~
mand, atMmpt to colktt a wit p~nd'u+jt snd th~ fvll ~rnouro of esd~ and wary wch p~Yme^t slwll bear interest fran 1M date tMreof ur?til p~id N tM
rate of nin~ per c~s+?rum per annum: +r.~1 dl said cwts. clwyes +~d expen~s kiaund a paid, togethsr with such Inta~st, st~rll b~ aw~ed by th~ liso of Nw
~?p+OR' ~ . ,
6, '~Mt i~ tM ewnt'Of any bnsch of thit AAortyap~ or d~fault on the psrt ot the MORTGAGOR, or (b) 1n tM event ~ny of aW swm of moe~y
ha~in nfsned to bs no1 prompHy and fully psid withln thirty (30) dayt next ~ftor th~ same aever~lty become dve ar~d pryabk, wl~hovt denwnd w eotke.
or in Me event esch ~nd every tM stipulatwra„ spr~sments, oaKlitions and covananb of s~id promiaso~y not~ ~nd this mortp~ps any a eithe~ ue nol
iuly, p?ompNy and ivlly p~rformd, d'acharged, taea+t~d. ~ffac+~d. oomPl~ted, comF`ied with and ~bided by, tMe in eithe~ a ~ny wch ~wnt tM aid ag
prepst~ sum mN+tioned 1n s~id promisfwy note then rem~inirg unpaid, with interest accrued, and all moeeys secvred hereby. ah~ll beoome dw M+d pay~
able iwthwitly a thsreaft~, st tM option of said MORTGAGEE, as fully srd compktely ~s if all of the said wms of mw~sy wcre aipinally stipvlated
to be p+id on wch day, anythirg in said pran'asory ~wt~ or in this Mortpa~e ro the contrary notwittatanding: a~+d the?eupoo o? thereafter ~t the option of
said MORTGAGEE, without notice w d~msnd, wit st law oi in puity tI1N~FOf! Of 1FIQfNNN begun, m+Y be prosecuted u H al) moneyt t~cured hereby
had manrnd prar ro in trn~iwtan.
T. TFwt in th~ ~vant that ~t tht beyinninp of or ~t any time pendiny any wit upon this Mortgsge, or to fweclos~ h, or to roform N, o~ to eafora~
payment of sny daims Mreunder, s~id MORTGAGEE shall apply to tM Cour1 Mving jwisdiction the~eof fw the ~ppoiotment of • Receiver, such Caxt shsll
forthwith appoint s nce+ver of ssid mort9aped property all ~nd sinp~la?, includ~ng atl and sungulsr the income, p?ofits, issues ~nd revenws fran what~w?
wurc~ duived, esch and every of wFi~ch, it beinp ~xpreuly understood, q hereby mwtgaged +s if specifiully set forth and deKribed in the yr~~tirq and
habendwn clausa Mreof, and such Rcuiver shaU Mve ~II ti+e broad snd eff. ective functions and povvers in anywise entrwted by • Court to • Receiwr. ~nd
such appointme~t shsll,be made by wd+ Court ~s an admitted eqvity and a m+nsr of absolvte right to said MORTGAGEE. ~nd without ~eferente to ths
edeq~acy w iMdeqwcy of ths value of the property mwtgaped o? to the wnrcncy or insolvency of ssid N10RTGAGOR o~ the defendants, and that such
rents, profin, intoine, asues ud r~vawes shilt be applied by wth Receivet attordinp to the lien a puity of qid N10RTGAGEE u~d the ptattiu of such
Covrt. .
8. To doly. promptly +nd fuly paform, d'iscMry~, exscuts, effect, complete, comply with ~nd abide by ead~ u~d every the stipulatior~s, agreemenb,
conditans and oovenants in ssid pramissory not~ and this mort9age set fa~rtk
9. TMt in ths event the ownership of ths matpsyed Premises, or any psrt tnereof, becanes vested in • penon other than the MORTGAGOR, th~
MORTGAGEE, its succeuon ~nd essipns, m~y, witl+out notice to the NWRTGAOR, deal with such succeuw or wccessor i~ interest with referer+ce to this
monyap~ and the debt hereby aacwed Nw same manner as with Mwtg~gw withouf in a~ way vitiatinp or disch+r~irg the Mortp~ors' liability hen-
~nder w vpon th~ debt hereby secwed. No sale of the premises hereby moAgaged ~nd no fubesrance on ttw part of tM MORiGAGEE or iri successon
ar auigro and no extensan of tM time for the psyment of fhe debt hereby secured 9ivan by the 1MORTGAGEf a its sucassors or assipro, sh+U opet+t~
~o releas~, discMrpe, modi(y ch~rg~ or affect th~ wipinal liability of the MORTGAGOR harein. ~kFrr in whole or in part.
10. It h specifically ~greed that tirrw is of ths essence of this oontracf and thst ~ v~iitver of any obligetion hereunder o? of ths oblipdion ~s-
cured h~r~by shall at any tLne there+ftar bt held tp be a w~iver of the fermt hersof or of th~ Irutnunent secured herby-
11. In additia~ to t1x fwe~o:ng monlhlY psymenh of princ:pal snd iMerest required by the promissory rate secured hereby, mortgsgor tovenanb
and agrses to pay to mong~gee with each monrhly payment ~n addi~ionsl sum estimated by mortyagee to be eqi?al to 1/12 of the annual cost of the follow-
;ng: , ' , - . - - _
' A-All real properfy faxes kvied or assessed against the above described resl estste.
8-Premivms on fire and windstorm uuurance p herein requ~red to be_urried on the improvemeny sitvate on the abmrs desuibed p?emises.
C-Premiums on wch mort9age 9wronry insursnce ~s mortgagee shall from time to time deem fit to urry on tF~e ban secured hereby.
Mortgagee shall from time to time notify mortgagw en writing of the arrsovnt due and payabk hereunder and such wm shall therwpo~ be due and
payable on the due dste of the ~ext ma+thly payment and each sucussive month thereafter until mortgagee shall notify mortyagor of • chsrge in wch
amount. Such surta shall be applied by mwtyapee toward the paymcnt of real property taxes, insurance prem:ums, ~nd mortgsye ~wranty iowrance
p~ernfwns. •
~ IN WITNESS WNEREOF, the said MORTGAGOR has hersuMO set his hand snd seal the day and fust aE~
~ 1 jin~M~~a ~deliver in~pr~s~noe ofs
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j STATE Of ~ ~NI~CTICIJT ~ ~ • ~
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courrrr uF ta ~ ~
e.for. m. p.noo.lly~p~+nd Bazl! M. B~?atti s,~ _ s p~d
I~ P. BViltf his wife, to m~ wdl k ktw+N~+,to ny to M
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tM tndvidwb d~w~d in ~nd who ex~cvtd tM forpoirg insnun~nt, and acknawl~d~ed !»fon me that they . t~! ~?P~s
Ida P. Bvatts - `
tt~e..L+ .xp.....e. Ma +h. r , ~
Bvasts :
Ba~l~ fr. :a ind .a
adi• of tM s.d ~8^ t
m
•xsn+lnation bp m~ taken s~pa~~N and ~part from her said Fwsband, akrwvvbdyed w and k»fon m~ that sM ex . and voluo-
rariy ~nd witiwut +nY ca+putslon. oons~raoM, app?sMnsion, a~ fur of or from her ~aid Fraba~d. : .
:~i '~t~~ 68
~ wR~ss ~ ~d .~e ot~w.~ .«i dr. q d,y ~ ~Pt~~bt= .
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~ + Mr Public in and fa 1M, ^ - ,s
Mr Commusion ~xpira: ~
owht : ~ ,
~a r.a.'•i s.~ a~'°'" ""°~~.t'°" FILED AN~ RECORD Commission Expires April 1' 1469~ ~n f
a fo.+ P»K.. '
.~..a. Fb.;~. ST.~~C
E12~ VuN~ Y~~ •
~ i~o~-~
This Instrument P~epared Qy '68 SEP 13 ~ 5~
Fint Federal S~virqs 6 loan Atsociation
. of For Pier
FiOGER r'0{TRAS
gy s.,. K CIaCU1T COURT
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