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HomeMy WebLinkAbout1621 t ~ ' [ ' i , r• ~ ,~'.J i ~ S ~ 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 ~ ~1. /J ~ n ~3t 'l~ • , n . ~ ' o ~wss • ~ = n..~, j STATE Of ~ ~NI~CTICIJT ~ ~ • ~ ~ t . 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 . . 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= . ~ - ~ ~ r= ~ :.i~'-' ~ ~ ~ + 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 . a~i'~''`' ~~6t~8~ ~ q w • ~ F- ' - . ~ ~ c- ~ , ~ ' ~ ' ' a • v i ~ ~ _ _ _ ~ -