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T'6s ~ortg+gor Lereb~ oo~rsaana witb tbs Martg+~es~ tl~at he i~ fndsie~dti~ ~etsed o~ ~sid Isnd ~n ies
dmple or oucb otber estutei ~i~any as is ste?ted be~ein; wu?t he hs~ iull power ~nd lu ~1,rigLt to oonve~ the suns
~ ~s sioresaid; th~t the b?nd ~s ire~ ~rom all encwmbraaoes aucep6 as Lerein otberMi~e reated; tbat seud~iortgagor
will make 4ucL further assursnoes to prove tbe atoe+es~id vtls to wid land ia raid Mortgages us m~y be reaeoa•
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PROYIDRD ALwsTS th~t if the Moctg~g~o~t ~Lall py tunf~o tbe Moct~~oe t~ oec~ia pi+omiwai7 note, ai
wLich tha folb~rin~ is a wbstaniial ooP7,
i 22,000.00 . Ft. Pierce
December 2 a ~7k •
I?~Y~ P~~, ~I~T~O
THII LOMAS 6 NE'iTI.ETON COI~ANY
- , a eapasdan oc~p~ntsed and a~detin~c nndsr tbe
L?~ ~ THE STATE OF CONNFCTIC(T! a' ~i ~ P~O~P~ TWENTY TWO THOUSAND no 100
J)ollan (i 22,000.00---~•~witL iate~tbst ~.d~ts ~
d Nine and one half P~ ~9 1/2%~ P~ mP~'d P~~
T~ ~d P~~ ~ ~ ~ P~U'~ ~ ~ ~ The Lomas ~ Nettl~ton Companp
175 Orange Street
~ Nev Havea ~ onng cti ut Q6510 ~ ~ ~ ~ ~ ~ iD
delivered o~ ~ to t,l~e d~tor, in mmthly inatallmenta ot ONE AUNDRED EIGtiTY FIVE and 24/1~~
~i 185.24------a~ commencing aa the first da,y of FEBRUARY ~ lg/S i aad oontinwna oa tbs
- fuat day of each month tbereatter unta'1 this note is fully p?id, ~oep~ fbst, if noti sooner paid, the 5ni1 psymeat~
of princ~pal and interest shall be due and paysble oa the Srst ds~ oi ~F('FMRFT~ ~~nnb
Pri ~s reserved to prepay at an~ time, ~vithout premium or iee, ~e ~t"ire inde6tedneae or any Patt
thereof not~ees thsn the amount of .one inatellment, or one hundred dollars (i100.00), wLichever is lees.
If any deficiency in the peyment of any installment under tLia note is not made gaod prior to tLa due dats
of the next auch installment, the entire principal sum and a~x.rued interest sball st onoe beoome due snd ~ay
able without notioe st the o~tion of tLe holder of this aote. Failure to ~etrise this op4on s~all not oona4tute
a waiver of the right to ez8rcise the eame ia the event oi sny subeeque~t detaulk In tbe event oi detault in the
payment of tLis note, and if the esme ie oollected by aa sttorae~ st Lw, the undereigned Lereby agi~ee(s) tv
P~Y all oosts of collection, including a reasonable a~ttaroe~'4 fee.
This note is secured by ~o of even d4tey e:ecuted by the undeceigned on eertain propert,y deecn'bed
therein and repreeents maney ~~r.~1~y used ior t~ms soquieit~Qn oi eaid pa~pert~ ~or ~he imp~rooemaµis i6~no~.
Preeentanent, Ps+otes~. aad not~oe are Lereb~ wai~ed.
.
JO~~INY BENJAMIN NRIGHT
PRISCILLA J. WRIGHT
' (g~,l
I b eac6 a~nd ~1, P~7, ~~Y P~~, ~b~'B8, ~u~, ~e~, ~P~~ ~d eomply with snd sbids
~ Y ~~P~~~, _~te, oanditions, sad eov~ante af esid ' note aad at thi~
; mo*t;age, tbea t~s mort~gage and the estate hereby ~ted ~a11 eeaee aad b~ null tad.
Tbe Mort~ae furtber covenaats as foilowa:
1. That he willpqy tbe indebtednesa, as hereinbefoe+e pnovided. Priv~ege id reeetved to P~?Y ~~Y ~i
withoutp~m~
um oc fee, the eatire indebtedaees or aqy part thereoE not jees tbaa tbe aanount af one i~sltment, at
ooe hundred do,la:s (i100.00), whi~~ever is 1eee.
2. In order more fully to pmtect the security o[ this mottga~e,- the Mortgagor, together ~vith and in
sddition to, thc monthl~ pa3-~nenta under the terms of the note aecured hereby on the ~c~st dap oi eac~ month
until the said note is fuUy paid, will pay to the Mortgagee, ss truatee, (~nder t~e Lerms of this truaL as herein-
atler stated) the following sunva: ~ ~
~ (a) A sum equal to t6e gmund reata, if aay, nest due, plus the tx~eminms tbst w~l neut beoome due and psysbb -
on policies of fire aad other hasard ineuraaoe oovering the mort6~B~ P~Pe~Y, P~ tsx~es and aeee~nuents
ne:t due an tbe mortgs8~ P~Y tall ae eatimsted by tbe Mort~gee snd of which the Mortgsgor is
notiSed) lees sli sumaa1ready paid t6erdor divided by the numbe~ af manths toe~spee be~ore one month
prior to the dste whea such around rents, premiums, tauea, and aeeeeeanenta will tieoome ddinquent,
such aums to be held by Mortg~~eeint~attopt?ya~id~rOUndnate,P~~,~~~~v~~
(b) T1~e a68repte af tLe amouata ps pnrsuant to subpara~raph (s) and thoeeps on the note ~ecured
~+~y, a~ll be pa~d ia a~yment e~ch manth, to be applied W tLa f~ it~ems in the oidet
~t~t~d•
(n ~ ~ts, ~m, ~ aad oth~a ~+d iawranoe preau~ums; _
(II) interest an the note ~eaued benb~r; and
~ (IIn amo~rtis4tiun ct tt~e principsl ct ~aid note.
Any deficiency in the smount oi suchsggregate monthly ~aymeat abaU, nniees msde ~ood by the Mort-
gagor pnor to the due data ot the next sucLps
y-ment, oonsUtute an event of defaulti undar this mort~a~e.
At Mortgagee's option, Mory~s~or~vill pay. s"late charge" not ezoeeding four per centum of any inst,oll-
ment whenps~d mon t6an ~fteen (lb) ds~?s after the due date thereof to oover tLe eactra expeuse involved in
Landling delinquent psyments, but auch 'Lte charge" shsll not.be psyable outi of $6e procee~s oi ~ny eale
made to sat~siy the mdebtkdneea ~ecured Lereby, unless such pmceeds are tp~cient to d~ecLwrge tbe enti»
indebt.e~nees snd all proper oosts snd expenees secured tbereby.
' 3. If the total of the psyinents mule bg the Mortgagor under (a) ofparagn
p}? 2 preceding shall exceed
thR amount o[ ps~
menta actually made by the Mortgagee, as trustee~ for ground rents, Lsxes ~r?d aeseea~nents,
snd insuranc~ premiums, as the case msy be, such escess sLall be creditRd on aubeequent payments to be msde
br t~?e Mon r tor such itema ~or, ~st Mortgsgee's option, as tn~stee, ~ha11 bc+ =+etunded to Mortg~gor. If,
Lo~rever, eue monthlypa
vmenta shall noL be aufficien~ to ps?s such itema ~vhen the sune ahsll beoome due
awdps -able, then t~he Moitg~gor ahnll psv to the Mortgagee, as truatee, any unonnt n t~o make np
LhP d~ciene~. Such ps,rment a}?all be made ~vithin thirt~y (30) ds,vs aiter wntten notux f~e Mortgages
stating tLa amount of tbo deficieaay, ~ich not~oe may be gi~ea b~ m~a1. Ii ati an~ tims Ws Mortgagor ~
b~a!c~~ P~![r V~7~r
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