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Home My WebLink About2880 ~ ~~r ~b~ ~~~...t~ r~ ~o~~.~, r~.o ~ ~a~r~b .et~a o~ .aia i.nd in ies dmple or such otber estate~ J_aqy ~s ie stated Leseia; Wat has tull power and Lwful_right to oonve~ the s~ms •?s sioreeaid; tLst the land is ired ~+om all eACUmbr~noes e,soep0 aa Lersin otdervi~s rec~ted; that wdl~iortgagor will mska such iiuther aesuiwcee to pa+ofe tLs dora~id ~tk to said Lad in said Mortg~gea us ma~ be raason- `aad ~riU dei~en~ d s~ams~ M~~Lwiul o aimbs~~~ warna~ ~e dtis to ~aid hnd, and e~a4 par~ t~eceoi, •gaiasti ps~e+~o~ wLom~oever. PROVIDED AL~IATi ZLat MOl~Qt d}~ QII~p ~0 ]~0l~00 OOt~p ~ np~ Q~ wLich ti?afoUorring is a substant~ial ooP7~ i~ 18,000.00 Fort Pierce i~ October 16 ~ ~74 , Fat ViLVS R~nvso, t6s undee~ed p+omi~e(~) b pV to 1'HB I.OI~US ~ NETTLB'rON COI~ANY Lws a[ TH8 STATS OF CONNBCTI~'t~t ader, ths pdndpal wim ct BIGHTEBN THOOSANB~o 1/ 00~ the rate d Nine and ane quarter p~ eeotam~4C 18,000.00 with iat~est irom dst~s st TLe eaid princip4l and interest ~ha11 be psyabZe ~t tbe o~oe oi P~The~Lo~a~s ~ et laton~CoRp° yP~ 175 Orange Street ia Nev Haven, Connecticut Q6510 , or st euch oibe~p~ee as tbe ~oid~~rm~y~ ' ~in wr;tin6 delivered or L~ailed to the debtar, in monthly installmenta at ONS H[J[~DRBD FORTY BIG9'T aaa 3211~11ars (i 148.32 oommeacing on tLe first day of DSCEl~ER ~ 1974 ~ aad oonttnuing oa t6e Srst dsy of each montL thereatter unta7 this note ie iuDy paid, eo~oept tL~t, if not sooner paid, the fina~lpaymen0 oi princapal and mterest shall be due and payaWe on the first dsy oi OCTOBBR , 2004 Pri ~is reserved to prepay s~ any tame, witliput premium or iee tbe entire indebtedneee or anp psrt tLereof notlesa~than the amount of one inatallment, or one hundred dol~ara (i100.00), whichever is less. If any de6ciency in the paym ent of any installment under thia note is not made good prior to the due date of the next such instsllment, the entire principal sum and accrued intereet shall at once beoome due snd pay able without notiae st the option of the Lolder oi thie note. FWure to ~et+cise this option ahall not oonatatute s waiver af the right to easrcise tLe $ame in the event of any subeequent default~ In the avent of dafault in the payment of this note, and if the e~me is oolleated by an atitoraeJ sti Lw, the unde~tErigaed hareby agi+ee(s) to psy all oosta of oollection, including a reaso~nsble attortie~'s tee. This note is secured by mo of even date~ ezecuted by t~Le unde~etiogned an eeartain property deecn'bed ~ therein and repreeeute mon~ey ac nsed for tbib ~oquieit~oa ot aaid propart, ot tbs improve~menis i6ereon. Preeent,me~nt, proteath and notioe ire hae+eb~ w~i~ed. . , - ,.,,i . i~ ~ t~;f _ ERNEST CHBISTOFFERS _ [S~J1L] ~ ~ ~7?,pro~mP+~Y, ~a ~Y P~~, e~ecu+e, e.Erect, .ompkte, and- eompl,j? with ,ma ~ids j by each and every the stiP~?tiaos, a6reP.tnente, emditions, and eovmanta cf said - ' no~e aad at this ; mo*tgage, tbea thie mort;a~e aad the estste Lereby a+eaied sball oe~ee and be anll ~atL ~ The Mort~or further oovenaats as faUows: 1. T6st he t?ill psy the indebtedneee, ae hereinbefoe+e pro~vided. p'rivi'le~e is t~eserved io P~'~Y ~~Y ~~s withont prem~ium or fee, t6e eatire indebtednees at any part tLereof noti lees tban tLe amouat of a~e ~tallmeut, at one hundred dollara (i100.00), ~vhichever is less. 2. In order more lully to protect the secnritp of thia mortgage,'the Morf,~sgor, together w*ith~ snd in addition to, the mont}~lv pasrnents under the terms of the note secuced hereby~ on t}ie first day of each month until the said nofe is fully paid, aill pay to the Mortgagee, as trustee, (under the terms of t!?is trusL as herein• aftcr stated) the following suma: (a) A sum equsl to the g~mind r~nt~e, if aay, next due, plus the premiums tbst will next beoome due aad psyable on policies of ~+e and other hassrd ineurance eoverin6 P'~'oPertY. P~ua t~ea and aeeessmente neact due on tbe mortgaged property (all as estimsted bq tbe Mortgagee and ot which the Mortgagor ia notified) lees all sums alreal~ paid tbt?~fo~ divided by the numbe~ vf mant~a to ~ before one month prior to the date wbea w 6ra~nd reats, P~~, aad aeeeeeoneats tieoome de,linquent, uch sume to be held by Mortga$eeintrusttoP~?Y~b'~'~~~~,P~,~~,~~~te. (b) Tbe aggrrgste of the amounts pa pu~~aut to wbpiuaaesph (s) aad thoeepa on tbe note secured b~~, ~11 be paid in a~ p~i?yment eaah manth, to be appl~ed to tbe i ' ite~oos in fhe oz~dee (n ~ ~ aad other L~s~+d iueui~oe p+emiums; _ ~ (In interest m the note ~earred Lereb~i aad ~ (IIn ~moitisstian af the principal Cf taid note. Any deficiency in the amount oi suchaggrcgste monthly ~yment aball, ttnlees made ~,rood by the Mort~ ~ gagor pnor to the due date of the next auchps S-ment, oonewtu~e an event of default under this mort~a~e~. ~ At Mortgagee'e option, Mort~sgor w?ill psy a"late chsrge" nat ezoeeding four per centum (4°Jo) ot any install- ~ ment whenpa id more than Siteen (15) dslys atter the due dste thereof to oover tha eacf~rs expense involved in ~ handling delinquent ~aymenta, but such 'lute charge" shall tat be ptyable out of the proceeds of any s41e ~ made to eatisip the mdebtedness-secured hereby, unless such prooeeds ae+e w~cient to diecLa~g+e tLe entin indebtedneas and all proper costa snd eupenses secured thereby. 3. If the total of tl?e psymenta made by the Mortgagor .under (s) ot paragnph 2 preceding shall exceed tlie amount ot psrments actually made by the Mortgagee, as trustee for ground rents, taxe.s snd assesaments, snd inaurance premiums, aa the caee may be, such ezcess sliall be cre~ited on subeequent paymente to be msda b~ the ;1~Iortgagor for sucli itetns or, st Morigagee's option, as trustee. shall bo refunded W Mortga~or. If, ho~vever, sueh monthly psymente ahall not be aufficient to pay such items ~vhen the same ahal! become due swdps ~ble, then the Mortgagor sl~aA psv to the Mortgagee, as trustee, wny smount n to mska up the? d~cienc~. Sueh ps~ment sl~all be macls within thirty (30) dsvs sfter ~vntten >>otice f~e Mortgagee stat~ing tbe aanount oi tbe d~ficienay, ~bich notioe ma~ be g'i~on by r~r?il. Ii aL aa~ time We ~Sortgag~o~ ~1 QOUI1 ~.t~, N16E~A~ - ; , ~ ~ ~~~y ~ - - ~ .a,r ~ ~ ~ .~~`~i.~ ~ _ s.. .