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Ths Mortgagor bereb~ oovensnb with the Mortge~g~e~, that Le is indefe~'b~' seized oi ~id Lund ia tes
~mple or such other eeL~te~ it at~y as is et~t,ed herein; tha~ he has lull pov?er aad 1~ ul rigbt b oonve~ the sune
a
~s atoree~id; thst U?e land ~a free ~rom all encumbrwoes euoep~ as bec+eia other~vise recited; thati ssid~or ~
will make sucL f urther sesunaoes to prove the aioreaaid 4tae tio aud lsad ia wid Mortgages ~s ma, be re~
r~ '
sb1yr~quired, and th~t s~id Mortgsgor doe~s ~ereby i wurant tha titk t~o s~id Isnd, and eve~ pat0 tl~ereot,
ere
aad will detend tbe same agsins~ the lawiul claims ot penon~ whomwsver.
PAOYIDEA AL~?sTS thst ii tLe I~iortgago~r s6all py uato tLs I?dart~ages thu~ oert~ia p='oa~ie~or! note, oi
wbich t~t~afolbrrin~ i~ a wbot~wti~l ooP7, ~ wik
i 21,800.00 FOST PIBRCB ~ F~or~d~.
October 2$~74 •
I+bit Vi?t.vs I~cs~vs~, ths w~decei~ed Peamiee(~~ t~o P~U? to
THS IrQ~AS b ~iBTTLSTON CQ~ANY
. ~ eorpontian o~pnised ~nd ea~detia6 nodee tbs
L?ws ai T8S STATB OF COIII~BCTiCtl~a ader, t~hs prinaipal eum ct 11~iBNTY OItB THOIISAIiD, EIGHT
~JNDRID and no/ 100 Do~lass (i 21, 800 . 00---), wit6 iatereet irom dste • st
the rst~e ci HINS and ONB HAI.F t~' ( 9 1/ 1%) Pet a~ a? tLe unp~id b~4C?os uaW paid.
TLe Mid princip~,l ~?nd int~rest ~ha11 be pqyabb at tLe o~'roe at The I.osas & Nettleton Company
175 Orange Street ~
~ New Haven, Canaecticut Ob510 . a' ~?t ~ P~0° i° ~0 ~~t° ia wnt~n~
delivered or meu~ed to the debtor, ia mont~hly inatallments otONB fltlNDBED SIGEiTI.Y TSRSB aad Sb/~1~'s
(i 183.56-----a~ commencuig an the Srst dsy of Dg~gg , 1974 , and ooatinuins on the
first day oi each month thereafter until t2,is note is fuIlY Paid, eacept tbst, if not sooner psid, t~e final psyment
of princapal and interest shall be due a?nd p~yable on the first dsy of ~,~p , Zpp~
privilepe is reserved to prepay ot sny time, without premium or i~ee the~ent.ire indebtednees or any past
thereof not~ess than the amount of one inatallment, or one Lundred dol~era (i100.00), ~ehichever is le~e. •
If any deficiency in the paym
ent oi any installment under th~ note ia not made good prior to tLe due date -
of the ne~ct such inatallment~ the entire principel sum and aocrued interest a6all s~ onoe beoome due snd Fsy-
sble without notioe at the optaon of the holder of this note. Failure to e~xerciae tbis option ehall not ootffi4tuts
waiver of the right to exemise the same in tLe event of sny subeequent defeult. . In the eventi of detault ia the
papment of this note, and if the ssme is oollected by an sttorne~ at Lw, tbe nadereigaed herebJ agi+ee(sj to
psy sll oosts of oollectian, including a reasonsble attor~~'s tee.
Thia note is ~ecured by mor~~;a~e of even datey ezecuted by the nndereigned on oert~ain prope~'t7 descn'bed
flrereia and repreeents money ac uaW used for th(~ aoquiait~on oi s~id propertry ~or tLe improvemenis t~areon.
Preeeatment, p~roteat, sad notice sse Lereb~ wai~ed. -
/s/WILLIE AENRY DENNARD t~L~
/s/ ~BIHE
DBNN~~ ~~L~
BOBBIB DSl~II1ABD ~ ~
[SS~~] -
~ _ _
i And el~all dul7,p~+omP~Y, ~d ~'9 P~~, ~P~~, and e~mpty with and abide
i by a~ch and ever~p ihe atipeilstiae4 a~+ea~nente, oo~ditioo~, and oovensnte at seud ' noto ~ad d this
a moz~tgage, the~a t~s mortdage aad tbe estste hereby ~eated ~hall oeaee a~d=be nall roid.
~ 1'be Mortg~ga furtber.caseaente as follows: '
~ l. 1bs! he willp sy the indebtednees, ~e hereinbefore provided. Privile~e 'ie t+eeerved to p~rep~?7 ~+~Y
without prem~ium or f~e, the eatire indebtedneas or any part thereof not Iees tbaa the amount of ane inetsllment, or
ooe handred dollais (=100.00), whichever ie lees. '
2. In order more fully to protsct the security o[ this mortgage,' the l~torigagor, together ~vith snd in
sddition to, the monthl~ pay~iienta under the terms of the note gecured hereb~•, on the first da~ oI eac~ month
until the said note is (uliy paid, aill pay to the Morigages, as trustee, (under the terms oi this trus6 as herein-
stter alated) the following sums: ~
(s) > aam equal to the ground rEate, if any, next due, plua tbe premiums tbst w~l ne:t beoome due and payable
an polic~e d Sre and other basacd inaursnce oove,rwg the mort6aB~ P'~'oP~~Y. P~us ts~cee and assessmenta
ne:t due oa tLe mortgsged P~P~Y (all as estimat~ed bY tbe Mortg~8ee and ot w6ich the Mortgsgor is
notiSed) leae all wms alreoi~r paid tberefor divided_by the number d months toe~apee betore one month
prior to the date when aich ~raund rea~s; `
~~ub, tiiece~, a~d aeeeeso~tente~ '~rill beoome
deL~nq
ents
uch wms to be hEld by Mart~eeintausttop~y ~und ts,Prem~ums.ta~es, ~
.(b) Tbe a~lge~ege?te of the Announta ps purauant to wbparagraph (s) aad thoeeps on tbe note eecured
he , tLaU be patd ia p~aymmt e~ch ma?th, t,o be ~?pplied W the f~ items ia tbe orciec
(n 6~d t+~, ~b, ~ aad ot6~r b~atd insur~woe p~+emiuma;
~ (II) interee~t an the note ~ecsu+ed Lereb7?; aaRl
~ (IIn amortissti~ at tbe principal af ~aid nota
~ Any deficiency in tbe amount of such~gs
te monthly payment sLaII, nnlees made good by the Mort-
6agor pr~or to tLe due data of the ne~ct such payment, const~tuts ~n event of detault under this mortgage.
At Mortgagee.'s option, Mortgagor~vitl pay s"late charge" not e~[oeeding four per centum (4%) ot sny ~nstall-
ment ~vhenp u'd more thsn 5fteen (15) ds~ye after the dus dote thea~of to oover the eactn eapense involved in
v
hsndling delinquent ~Symenta, but auch 'l~te charge" sh.all noC be payable out ot fha pror.eeds of sny sale
mude to astisfy the indebt~dness eecured hereby, unlees such proceeds ~re w~'icienti to d~echarge the entire
iadebtednees and all proper costa and expPm~es secured therc:by. ~
3. If the tatal of tl~e payinenta msde by• the Mortgagor under (a) of~r~gra
ph 2 preceding shall eaceed .
tht? amount ot pa~
menl,n actually made b~ the Mortgagee as truatee, for ground renta, tsxes and a8sesaments,
and insunnc~ prem~un~a~ as the case mty be, auch excesa af ~sil be cndited on eubsequent psyments to be.made
b~ tke Mortgagor !or such itema or, st Mortgagee's option, ~s tr~stee, shall be rciunded to Mortgagor. If,
however, sueh monthls~ psvments shall noL be aufficieM to psy snch items ~vheD the same shaU become due •
~?wd -able, then the Mortgagor shall pev to the Mortgagee, as trustee, sny, amount n ryto mska up •
t~u~ ~~c3ene~. Such p?~~rr?ent e~~sll be made ~vithin thirty (30) davs sfter wmtten »otice ferom the Mortgsgee
~ating tLe ~am~un~ ct i~e deficiency, ~Lich noe~ce mu~ bs gi~en b~ ms7. Ii st ~n~ time tbe Mortgagor ~all
~ $OON ~.~7J PA6E e~~
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