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To pl~c~ and contwwousty kayp on ~M bu~ld~np~ now w h~~~~f~« N~u+~~ on u~d land and on slt equi~ne~~ ~nd pKaon~lly covered by th;s mo+~p~ ~
s~, w~~h atl premiums tbe~con ~~d ~n fu11, fin in~ur~nc~ in ~M uw~l se.nderd po~i~y lam, In a tium appro~ed by ~M MOR~GA3EE, and w~r~d~tam
inswa~+c~ i~ thc uswl s~a~dard pot,cy fam, i~ •~w.? p~ov~d by ~M MORiGAGEE, ir+ ~uch com~~wiy o~ c.~~pantes as tM MORIGAGEE may {
di~MS N+d s0 Rr~ and w~~srorm inswar+c~ po~K~e~ on aoy o( ~ad build~np~, ~»y inw:es~ ~he~oi~ or part the~eoF, in Il+e agyrcga~e wm ~faefaid o~ t
In 1l+e~aal, sFyll tontain 1M uswl s~andad mw19a9N da~s~ or a~~ch u~he+ cl~„s~ ~s 1M Nbr~yayre m~y requ.r~. a.a?i~~y ~he loas vnder •e,d polt r
ci~s. aych ~nd ~ve~y. patable ro ss.d A10RiGAGEE ~s iq i~~erest may ~pp~a~. and each a~d every t~cA poi~cy shsll be promptly ais y,»! •~~d dstivered to
•ny !r)Id by said MORIGAGEE ~s (w~hei security to ~id ma~pa9~ debt, and, r+W lesi tMo trn (101 days in sdvance of the eapi~~t~..n o4 each pol~ty, to d~-
~ivtr tv iaid M~RfGAGEE a ~a~ewal therwf, to9e~Mr with • rece~pt tw tht pre~nium o( ivch ror.ewal; a~.d ~I~rre shall 4e ro Gre o~ wi~xlslo~m i~surance
p=~csd on ~n~ of s~~d build~~gs, any inte~est U+e~t~e or par~ fhtreof, un~eu in ihe tonn uxi w~th ths loss payable ai afwesaid; ~nd in the eYen1 any tum
of vqn~y becanei pay~ble v~xler s~ch po~icy o~ pol.rros iaid MORTGAGEE ~ha11 hdvs ~he opno~ to recr~~c and apply the seme on ac:ouni oi ~he incfabtad-
nes~ seco~td 1~a~by or w pe+mi~ said IWpRTGAGORS ~o reesiw and ~s~ it p any pan tlw„cof ~ur ot+r:r ~,ur~~oscs. v.~+h~„e ~h,r.u~ w.,,.,:y ~r n~~pou-
+^Y ~~h. a+ ~~9~~ ~ w by vir~w ot this mo:tp~r. ~+.d in ~M eva+f u~d MORiGAGORS shall fo~ any reason F~~1 ~o keep ~he ssld p~emlars so
iniu.ad, w fail w deGva pro~ptly ~ey of s~id pol;des of inwr~nc~ to sa~d MORiGAGEE, w Fa~l promptly fo pay fully any pre~~~~um ~I,r~etw o. ia ar+y
rospad (~il b pMfor~ distharg~, e~cecute, effect, comple?s, canply wi~h Md ~bids by th:s mre.n~n~, a any pa.l ht~eo}, said MGRTGAGEE may pl~ce a~
pay iw s~ch inw.anc~ or ~ny put ihereof w~~houf w~ivinp or •ff~c~in~ ~ny op~ton. IKn, pu~+y. w~~gh~ unde. w by v~~rue o! ~h~s Mae9age. and the
f~ll an.ounl o) eKA ~nd t~wy such paymenl sh~ll be imnedi~t~ty due and poyable utid shall beu i~tereit lran ihe daee thereof un~il paid ~t tM ~ate ol
n~M j1ll CMfw1~ WC ~~nu,n and ~o,~e~her v„+h such ~nte~eu shal~ be srcurcd by ttw lien of th~~ mortyaye.
1. To permit. commit a suff~~ ~o wuts, imp~'ument or dsteriw~tion ot »W pro~xrty p any pa~l theraof.
S. ?o p~y ell and sinqul~r the coats, ch~rpes u~d eapK+ses, includ~rg • reawnable at~o~r~ev's fee and coa~s of ab~t~~ds o( ti~le, incw~ed or paid a~
eny time by uid MO~~i3AGEE, because or in ~M ~v~nt of ~he (~~t~re o~ tha pa~e of ihe said MORlGAGOR ~o duty, p~ornplly a~xl fuUy pe~lorm, d~scharge,
e,ecute, ~lfact, coay:le`a, comply w~~h and sb;de by exh ~nd evavy ~Fw at~pula~~ons, eyreemenh, condff~ons, and coverunts oi ssid proa~iswry note a~d thfa
n,o.eqa9s ~ny w t~~hN. ar,d sa~d cosq, chug~s and eape~xs, each ~nd eve.y. shalt be im.~cd~atrly dve and paysble; wherhEr or rwt rhere be +w?,ce d~
mend attempt to col~act or suit ~end~ng; ~nd t}~e (ull amount of each and e~r~y Svch paymrnl shatl brar mteres~ Irom ~he date Nt~eof unril pa~d at ~he ~
r~~e oi ni~K pe~ centum pr? an~.u:n; and aU s~id toats, thargey and expe~ses iocurred or paid, tope~i~er w~th such u~~eresl, sMll be secu~ed by the I:en of IF.i~
mortp~. - _
6. TMf (s) in tke event of arey breach of Mia 1Nor~gap~ or def~ult on the part of the MORTGAGOR, a(b) ;n tl,e evenl any of sa;d sums of mone~
herein rale«~ to bc nat p~a»prly and tutly p~id within lhuty (30) dsys neat afrer the same seve.a~ly become due and payable. withou~ de~~snd w rwtlte.
or (c) in the event exh a~d cvery the stipuia~~w~s, ag~eem~nrs, cond~r~oru sr+d cove~anrs of sa~d p~o.r.;ssory no~a a,x! ?h.s mwipage any pr ~i~her are no!
ivly, ppmpNy and fulty pe~fpnned, d~xhar9ed, exeto~ed, etfeded, tompletqdr eanpli~d w~th and ab~ded `~y, then in e~~her a any such evenl tM sa~d ag
yregaM wm men~ioned-in said promnsory ne.~e then rert:a'r2~g unpa~d. wfth lntere~~,do~iued. an4 ait-mo~eys secur~d hercby. sAaN becwne dw and paY-
able fbathwi~h, p!AlIN~1H. i1 the opf:on of sald N10RiGAGEE, ts fv1ly arid ~.~nipl~lely as ii ~i• oi the said aums of mo~ey were aginally st~pulated
ro be p+~d on such day, anythinp in sa.d pra~+~ssay note w io ~his Mo.t9aye to~he conrra.y noY,.i~~isrand~~g; a~d therevpon or ~hrro~ftea a~ the op~~an of
sa~d MORtGAGEE, v?~thout notice a demand, suil at law or in eqv~ty, the.etore a ~hereafrer begun, may be presetutcd as i1 atl monryi aecu~ed hereby
h~d matur~d p~~ot f0 ~ri institutqn. • '
7. iAat in the e•ent thal at the begi~ni~,g o( or ~1 any time pendirg any suit upon th~a Mo.tgage. « ro fo.ectose it, o? !o refwm i1, o? fo en(wc~
paymenl of ~ny claims he~evoder, said l41pRTGAGEE shafi apply ~n the Court hav]ng ~u~~:d:cr~on eherrot !or thr appo;nrment of a Receiver, such Court shai{'
Forrhwith appoiM s recciver of said mortgaged p~ppe~ty ~!1 and singul~r, includ~.g all and s~~g~iar the income, protds, ~sf•:q and revMUes IrO+n whnfev~r
sourp derived. each ~nd eve~y of wh~ch, it being expressly ur~derstood, is hereby morrgaged as if speuf~caliy s~l io~~h and desa~bed in tlx g.enugg and "
habaodum dauses he.eof, and sucA Receiva sFwll Mve all ~he brwd and effecr.ve funcr.ons and powers in anyw~se entrusted by a Cou~t to s Rcceiver, ~.xl
s~•ch appoi~trtKnt sl+all be made by suth Court as an admined equity and a matte~ of absolute right fo said 1NORiGAGEE, and withour~etercnce to the
sdequscy w ir+adeq~acy pf the vstue of the prope~ty mprtgag~d or to t?x w:vency o~ ~n;o~vency of said l?tiURTGAGOR p Ihe dtifendants, and thet such
re~rs, profin, income, iuues a~d rerenuef shall be ~ppl;ed by such Receivcr accord~~~g ~o the lic~ or equity of aa~d MORTGAGEE and the prau~ce of s.,ch
Court.
8. To duly, promptly and fully perform, d;xharge, execute, efi«c~, compiete, cornply with and ab:de by each and eve~y the sNpuls?ions, agrecments,
conditions a~+d covenants m sa.d promissury note and th;s mwrgage ~et fwth.
9. ?h~t in the event the ownersh;p of tFe~ mortgsged premises. a any pert thereof. becomes vlsted i~i • person athec than the MORTGAG01f, the
MORTGAGEE, its tuccessws and ass;g~s, ma~, without no~ice to the MORiGAOR, deal with such successor p successor in inrerest wirh ~eference ro thi~
mp,~~~ ~nd the debt Fcreby setu~ed in th! same m~nne~ as with Mortgagor without i~ any way vit,ati~y pr d~xharging the Nlo~tgM~prs' liebil~ty h~re- -
unde~ er upon the debt he.eby secured. No sale of ~he prem~sea hereb~ mo.tgaged and no forbearance on the part of ths MORiGAGEE w it~ svtccsaws ~
w auig~u and no earens~on of rh~ r;rne (or rhe p,yrr,~nr oi the deb~ he~cby sccur~ givm by the MpRTGAGE'_ or ib succesiors or ass;ans, siwlt operate
ro rekne. d.acl~arg~. mo~1.Fy change a sffect i!» orig.nal liabil~ty of the MORiGAGOR he.ein, either in whole a i~ puL ~
10. It is spec~fks~:y agreed ~hat t~me ia of the essence of this coneract and tMt no waiver of any obL'gat~on hereunder or of the obligation sr
cvred I+N~by shall at any time thereaf~er be held to be • weiver of the te~ms heroof a oi the instrumen~ secu~ed he.by.
li. tn add,t:o~ to the foreqo:ng mortfh)y paYments of princ'pal and interost rrqu~red by th~ prom;sscry no~e secvred hereb~. mortgagar covenants
and sgrees to pay fo mo~tgagee vc~th each moroh;y payrnent an addu~o~al sum est~mared by mortgagee to be equal to 1,'12 of tlie an~~al cost of the follow-
ing:
A-A!i .eat ~,uoperty taaes kvied w auessed aga]•,st nc~ alwve deur;ycd rea! esrere.
8-Pre:r.~v ns on fire and windxtorm :nsurarce as here~n requ~red to be car~ied en the tmp~ovemeats sitvate on the ~bove described prrmi~tlr!/
~
C-Prem~un~s o~ svch mortg~ge gua.anty irs~ra.,ce as mo~tgagee shall frcm t:me to t~me aeem fit ~o carry on the ban sccured here~~~' n~,~~
Matgagee sna" f•om nme to t:me not~fy morrgago~ in wr;ting of ehe am,wnt dve and payable ixr~~rr and such surn sha11 tlyi~t~l~, ,ad~p ~rld,~ ,
FayaWe on thz aue ciate of ihe r+eat r»onth:y p;y:r,~.;: e~~d edch successive mont?~ •he.eaf~a~ ur.t;l mortgagee sha~l nonfy mortyagor
h
amoun?. $uch sums s~a:l y~ app::ed by rtartgagee toMracd the payment of reat prope~ty taaes, inaurance Rrem.ums, a~x! matgaye~ `~~ff~qj~~ ~n~
p'e:niums. ` ,,a : ~ .
IN WIiNESS 'NHfREOF, the said MpRTGAGUR has hereunto set his hand a~d seal the day r int af4r id
Se !ed a detiv ed Pu bhe presence of: ~ $ ~ ,>~•~t ~ - . -
HY: ~~1 .
n
i~`itness e ar . s - - , ' ~
. ATTES « ~ ~ ~
Nitness ' •
Leslie A. Kralits, Secret~?=T~,psurer ~
co~vN~T~GuT` kx}Ri?~~ . ~
STATE OF ~ COUNTY OF ~
I HEREBY CERTIFY, That on this day of '~~g , A.D. 19 , ,
before me ~~or~all~r,C~~ea~i ~ Hildegard B. 1~`alfts a~ Leslie A. Kralits
respecRveiy ' Pr,e~itknt snd _ Seaetary -1`t~essurer , of
_ ~~~~$Choels, Inc. a Connecticut
. , Corporation, to me
~
~ ,
kho~wn W,~e,fh~` .per~~ns des'~bed in and who execufed the foregoing instrument, and seve~ally acknb~g~;}Fit.xxe-
~ f ' ~ . . •
cution thefl~ t~ sboii fre~.~d and deed as such officers for ihe uses and rsoses therein me~it ~ ~
. ~ t P~ tF!af t~y
affixed ~ttlereto',tfie o~ficia) of said corooration, and th sqid "nstru s the ad a ~af ~id Fo~tatr~an._
K1'f(J~ ~y 4~and and~offi+ ~seal at~iw~Re a n a~ed late. n/ )
This'~pat'~'~t~t1 P~e . b~' i~. E. 8 _ c~
~ ~ . -
?i~'s~ I~bdesa3 arid Luan Association , r.--.
Of ~OT~ P~~t Notary Public, in and ~iitOr,~iY
- My Commissio~ E . AU'IARY Lio••~"'
~ 193 2~.Q4 MY ~W,SS,~
Checked By ~ _ '