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HomeMy WebLinkAbout1121 ~ * .w.. . + ~ TLs ~ortg.gor L~es+eb~ oo.~enana with tLe Maet~t.t~ee~, tl~?t bs ie indeieadbb .eised o~ .aid land ia ies imple or sucL ot6er est~tes ~i~sqy ae is s4ted ~n; t~?~ bs bas tvll powec and L~r(ul,right to oonveo Lhe s~ms ~ •s atons~?id; that ths Lad ~a ind ~ronn ~?II encumbr~uioes esoept a~ bee~sin ofbenvas reated; t~ut s~id~ortgagor will auke such further aesunaoes ~o proro t~s aioraaid ~t~s to aid Lnd ia aid Mortg~ges ~ ma~ bs re~on• ab~y req~ired, snd t~t ~taid Mostg~g~or doe~ heceb~~ warnat tbe tiNs to nid Lnd, snd eve~p par~ thereot, ~ snd ~riit defead t~ ~am~s agsi~0 ihe Lwful oLims af all psis~ns wLo~os~er. ~ P~oomsa Atiw~n ~DSZ ii t~e ~io~gag~ ~LaD py on~O ~e ~ tLa1 oett~O ~omi~o~ n~t~e, ~ ~ wLicb ~alolio~via~ ir a aub.t~nt~al oopJ, to wIk ~ = 2g ~ 6pp ~pp Fort Pierce i FIo~LdA. ~ December 5 ~10 74• ~ ~ Fas v.i.v~ Rsc~.sq tbe mr3ec~Oed aromi~eW to pw to THB IAMA& ~ NBTTLBTON COI~ANY eo~oation o~anised,~nd ~os ~m~ee tbs ~ L?ws c[ THB 3TATB OF CONN~CTICV~ oe Qedee, fbs peinctpal wtm at TWBIII'Y-BIGHT THOUSAND SIB HUNDitBD & NO/100 Do11aw (i 28,600.00 wttb interest irom dste st iLe nts ot Nine P~ ~ P~ aanum pl ihe unp~id bal~oee ~u?W p~id. T6e ~aid prineap~l and ~atereet tLaII bs pqyable sti t6e o~os oi The Lomas & Nettleton Co~mpany 175 Orange Street, New Haven, Connecticut 06510 ia . , o~ st euoh otLer p~aoe as tLe Lalae~r m~r des~pu?te in writin~ delivered ar mailed ~o the debtor, ia manthly inetallmpate at TfiO HUrID~BBD THIBTY & 521100 ----Doilars (i 230.52 commencin~ an tLe fitst dsy of February ~ 1~ 75 ~~nd eontinuuo,E oa ths first dsy oi each montb tbereafter unta`1 tbis note is fuDy poid, eaoept tLat~ not eoooecpai _d, the final psyment~ - oi princ~pai aut~ iui~aruui, aiiuii i,3 uiio 'su'~ F+ajrib;~ :,ii t~a fuaL ~a~ ai :.~.sr, ~L'L'~. , Pri ~~s reserved to prepa~ at auy t,ime, withouti prnmium ar fee, the ~tire in~btedneea or anY P~ tLereof notle~es than the amount of one inate?llmenty or one hundred doilsra (i100.00), ~rLicLever is 1ees. If anp deficiency in the payment of any instsliment nnder t,hia note is not made g~ood prior to tLa due dats of the neut such installment, ,the entare principal aum and sccrued interest sLall iti onoe beoome due and psy. able without notioe st the option of the holder of this note. 'Failure t~o Qxet+ase tLi~s optioa ahall not oonet~tute s waiver of the right to ezerc~se the eame in the eveat of any subaequent detault~ In tLe event of detault in the peyment of this note, and if the eams is oollea~ed aa attorne~ at Lw, tbe nnde~ heceb~ agree(s) tv ed P~Y all oosts oi oollection, including s reoso~w?b1e • ~'s iee. - . 0 This ~te is ~ecured by mo of even dster e~secuted by tbe ~tndereigned an eert~in p~opert~ deecn'bed therein and repreeenta money ueed ior t~a soquieitan at wd propert~'o;r t6s improoeme~uis iLereo~n. Preeentment, Pratee~ and notice ars be:eb~ wai~ed. ~ ' [s~?~,f David P. Lucht . ~ Barbara Ann Lucht - t~~ i ' . - . ` (SeJ?L~ ~ ~ ~ ~7, Pl~P~Y,~ ~ ~T P~~ ~~a*88, ~~k ~ ~PtY ~'ith aad sbids ~ by aach and e~rer~ t6e at~Pulstiuos, sg~+ecmmts, eonditioos, and eoveaants aE eaid ~p~+oonieeoc~ note ~u~d af thi~ no*t~ge, then th~s mort;age and the est~te hereey eic~eat~ed ~halt oe~ee and be anll and Toid. ~ Tbe Mort~ac ~ ea~v~uuaat~ as-fo~rs: ~ ~ ~ ~ 1. Tbat he willp~y the indebtednese, ae he~inbefa+e provided. Priv~e ie reeerved to R'e1~7 st ~Y ~0. witi~outprem~um a fee~ tbe ~tire indebtednees or aay part thereot nat 3ees t~a tbe amount of aae io~lliumt, ae me hundred dollsrs (i100.00), wLicheve~ is 1ees. 2. In order more fully to gmtect the ~nrity of this mort$age,- the Mortgsgror, together ~vith and in sddition~to, the monthl~ pa~-menta under the ternis of the note eecured hereby on the firat dap of esc~ month uiitil the said note is fuUy paid, will pay to the 1liortgsgee, as ttuat,ee, (under the terms oi this trus6 as herein~ •tter atated) the follo~ving sun~: ' (s) ?~um equal to the ground rente, if aay, nrst due, p~us tbe p:+eminms tbat wiri nezt beoome due aad PwYsbb on policies o[ fire and other has~u~d inau~aaoe eovering tbe pe~opecty p~lus t+~uces aad aeeessments ne:t due an tbe mort6~8~ P~P~Y (atl as estimsted by~atgagee an~ of whic6 tbe Mortg,agor is noti8ed) lees a1I s~ms already psid tberdar divided by the numbe~ of monthe to elapee be[ore one mmth prioe to the date aheu wch ~round rente. Premiums, ta~es, aad ~eeeeiements Ritl Leoome ddinquent, wch auns to be Leld by Martg,egeemtivattop~yaud~rauadrmte,P~~,~~,aadspecislae~eeeBmente~. (b) Tbe ~te af tbe amonnts pursuant to subpsra~aph (a) and thoeep on the note ~ecured e~y,~h~ll bs paid ia a i~p+?yment a,ch manth, to be applied W tbe fi~ itsms in 160 oi+d~ee ~t~?ted: ~ - (n 6~ ~b, ~0. and ot~her b~d inwuanoo pe+emium~; . (In inte,net on the note ~eau+ed hereb~; ~nd ~ - (IIn amort~isutian at tLe paineip~l d aaid note. Any.deficiency in tbe smount oi such ~r~e trionthl~ ~?yment sha11, unlees n?sde~ood b~ the Mort- gagor pnor to tLe dus date of the neu~t swcl ps-ym anC, oonst+tute ~n erent of defsult under this nwrt~a~e. ~ At Mortgagee s opWon, Morigagor ~ill pay s'Lte cbuge' aoti ez~oeeding four pe~ cent~ oi any ins~.au• ~ ment when pud more t~L~a fifteen (15) ds~ys Jter the dus dats tLe~eo~ to oooer ths ~xt~rs e~pe~e inoolved in ~ hsndling delinqueat ~a nts, but aucL 'Iste chsrge" s6all not be payable out of the proceeda of any sale sr made to satisfy the in ebt~dneas secured hereby, unlees such proceeds are a~cienti to diechs~ge tLe antin indebtednees and all .proper oosts snd espe.nses secured theroby. 3. It the total o! tl~e pi?yments made by the Mortgsgor nnder (t) oE aragnph 2 pt+eced'u~g shall exceed _ the smount oi ps,rments sctually msda b~ the Mortgagee as trnatee for grop und 'rents, L~xes snd aseeseinenta, snd insurance premiun~s, as the caee msy be, such excees s~?all be cre~ited on subsequent p4yments to be msde - br the ~Iorigagor for sucL items ar, -st Mortgagee's option, as t,rnstee, shsU b~+ retui?d~d tA Mortgagor. Ii, ho~vever, su~h n~onthly~ pavmente ahsll not be sufficienti to p~f anch itetns ~vhen tha same shall beoome dus a~d -sble, then the Mortgagor ah~ll psv to the Mortgagee, as trustee, sny, smount n to make np thP ~~ciencr. Such ps~-ment diall be made ~vithin ehirty (30) ds,vs stter wntten notioe f~e Mortgages st~tiag tbe ~mounti af tbe dafic?ency, wLich not~os msy be 6iieu b~ m~. Ii ai ~a~ ti~?s 1b~s M~o~r~gagor ~ ~ 60a~ PAS~ i~ - t - ~ ~ ~ ~ a ~ ~ ~ ~ ~ _ ~ v~~ ~ _ : _ ~~-~~.~.s .