HomeMy WebLinkAbout1942 TLe ]dortgagor bereb~ o~v~e~ana witb tLs ]~a~ tLai Ls i~ iadefe~u'bbr sdied oi said Lnd in ies
imple or such otLer estate~ ~f~a~y ae is stated 6esein; ihat L~a !uU po~?er ~?nd lswful.right to oonvev t,6e s~me
aa aforesaid; th~t tLe Iwd is ired #rom all eacumbraaoes exoept as Lerein otLenvise recited; tbat saidl?~iortgagor
will make such further aesuranoes to prove tLe dorwid title to said laad ia said Mortgagee ae ma be re,~eo~
sb~yrequired, and tha~ said Mortgagor does 6er~eb~ i~ warraat the title to ~aid Lud, ~n~d eva~y pacti tLac+eot,
~und ~vill defend the same agsinst the Lwiul alaims oi peno~ wLom~oever. y
Paovta~u Atw?sie Lhst ii the I1~iortgagor sha11 pry yof,p fbs Moct~~c,a ibat aert~ia ps+omie~ory note, ot
w~ich tbe~iolbwin~ ia a~ubotautial ooPB, to wi~;
= 17,500.00 FORT P ERCH
JANUARY 17 • 1~5 •
Fon Vit.vs Azcsnrm, t~6~ uadee~i~ped pa+omi~e(s) to py ~o
THE LOMAS ~ NETTLBTON COT~ANY
Lws ci °e~a°~ed ~ad a°°°ti°6 w~l°r tbs
THE STATE OF CONNECTI~It~r~ ~~°Q~ SEVF.NTS ~p~g g ~p
AND NOf 100 ~:17 500.00~~ witb im~t~ereel~irom~ st
tLe nte p..~ Nd intereet ahall be pe4ysb~e olfioe P~ anaum on ~e unpai~d balaaoe unW psid.
Tbe eaid rinci sn s
The Lomas b Nettleton Com~aay, 175 Orange Street
~ New Haven, Connecticut 06510 , a' ~t euch otbe~ F1~?oe ae tbe Lddez' m~y dee~gaste in wr?tin6
delivered or mailed to the debtor, in monthly installmente of ONE HUNDRED FORTY ONE ,~ND Q5/,l0(~°~~
(i 141.05 commencing on the first dsy of ~ , 19 75 , and oantwuma on the
first day oi each month thereafter until this note is fully p~id, exoep~t~t, if n~ot eoouee paid, tLe Sn~l psyment~
oi principal and interest ahall be due snd pays~ble oa the first dsy of ~~~~t1~ty~ , ~p S
Pri ' is reserved to prepay at any time~ without premium or fee, tlie entirb~nde-btednees
o~r [np part~
ar
L6ereof not ess than the amount oi one mstallmenfy or one hundred dollars (i100.00), ~vhichever is less.
If any deficiency in the pn~m ent oi any inatallment under t~hia note ia not made good pnor to the due date
of the next auch installment, the entrire principal aum snd sccrued inttsteet ahall at once beoome due and ~ay
able without notioe at the optfon of Lhe Lolder of thia note. Failure to ~xxerciee thia option ahall not oonstatute
a n aiver of the right to exercise the same in the event of any subeequent deiaul~. In the event~of default in the
payment of this note, snd if the eame ie oollected by an attorney st Lw, tho nndereigned Leseby agree(s) t~o
pay a ll ooste o
f co
llection, in
c
lu d i n g a reaeona
b
l
e sttorne~'s fee.
This note is secured by mo of even datq ezecuted by tbe »ndere~gned on eert~ain praperty descn'bed
therei.n and repre~ents money act~u used for tL~a aoquieition oi wd ptopert~ ar ~be improvemeuts LLareoa.
Preeentment, pmtest~ and notice are Lerob~ ~vaived.
. ~ t~f
ROBERT VINCENT GREEN
KATHERINE A. GREEN
' ~g6~I~]
~
; ~ , [88AL]
; ena shsn anl~?, rro~p+~y, aaa tunr nerform, ~cha~ge, e~ut,~, ~flrecc, eompkt~, ,ma eomply with ana .bids
~ by eech and ever~? the atiPulstaons, agc+eemente, oonditions, and eovenants of esid ' noLe aad oE thid
a?o*tgage, thea thie mort~e and t6e estste hereby erested s6s11 oesee and be null roid.
~ T6e Mort~or further oaveoaats ae idlowe:
~ 1. T'hat he w~ill psy the indebtedness, as hereinbefa+e provided. Privikge is reeerved to ~x+eneY ~~Y t~,
i ~vithout remium oc fee, t6e eatire indebtednees or uny psrt the~+eof nat I~eee tbun the ~mounti ot ane iost.allmeat, at
u
~ aoe hun dollara (i100.00), whiel~ever is leea.
~ 2. In order more lully to protect the secnritp Qt this mortga{;e,~ the Morigagor, together writh~ and in •
~ addition to, the monthl~ pa~~nents under the terms of the note Becured hereby, on the first day of each month
~ until tl?e ~aid note is full~ paid, will pay to the Mortgagee, as truatee, (under tlie terms of this trust as herein-
aflcr stated) tl?e following suma:
~ (a) A sum equai to the ground renta, if aay, nert due, plua the premiuma thst w~l next beoome due snd psyable
on policies af fire sad other hasard insuranee oovenng tbe mortgaged property, plus t~ne8 and aeeesaments
next due on the mortgaged property (a11 ae eBtimsted by the Moctgagee and of which tbe Mortgagor is
~ notified) leee all wms already paid therefor divided by the number af manths to elapee before e month ~
° prior to the date ~vhen such ~mund reata, premiums, taxee, aad aeeeesmeata ~?ill become ~quent, ;
~ wc6 auma to be held by Mortg~geeintrusttoPsYa~id6~d~~,P~~,~~,~adepecialaeeeeemente.
~ (b) ~ag~rega~ ~ smm
ta p~ e pureuaat to eubpsra6raph (s) and thoeepa on tbe note aecured ~
~ P~ ~ ~PdY~t e.ch month, to be spplied b the i~ itenos in tibe ordet
~
~ m ~a ,~a a~ ~a -
(In interesc oa the nate .e~u~ea b~by; ,~nd
~ (IIn amort~satian af the priacipal ot ~aid note. ~
~ Any deficiency in the unount of such~~ggregate monthly ~syment ahaD, nnleee made ~ood by the Morb- :
gagor pnor to the due date of the next auch psy-ment, oo~Wtute an event of default under this mort~age.
Y At Mortgagee's option, Mortgagor ~vill pay s"lats charge" nor exoeeding four per centum (4%) of any inst,all-
~ ment when paid more than fiitcen (15) dsys atter the due date thereof to oover Lhe extn expeose involved in
~ handling delinquent psyments, but auch "late charge" shsll not be psyable out of the proceeda of any asle
~ made to satisfy the mdebtkdnesa secured hereby, unleas suc6 pmeeeds ae+e su~cien6 to diecharge the entire
~ indebtednes~ and sll proper coste and expenses secured thereby.
3. I( the total cf the paymenta macle by• the Mortgagor under (s) of psragraph 2 preceding shall exceed
~ the amount o[ parmenls actually made b~ the Mortgagee~ as truatee, for ground rents, taues and assessrnents,
u- snd insurance premiun~s, as the case may be, euch excese eliall be credited on aubeequent payments to be made
~ b~ the :blortgagor for sucli items or, st Mortgagee'a option, as lrustee, shall bt? refunded to Mortgagor. If, ,
however, eueh monthlf pavments ahsll not be su~cient to pay such itema w?hen the sune ahaU become due ~
~ swd pa~
sble, then the Mortgagor shall pav to the Mortgagee, sa tn~atee, sny amount neceesary to mske up
~ t~he de!`icienc~. Such pa~-ment al~all be made ~vithin thuty (30) dsvs atler wntten notice fram the Mortgagee
~r, stating tbe amoimt oi tha deficiency, Rhich notice may be gi~m by msil. Ii at an~ time i~e D~ort~gagor ~iuU
~ ~R
~ St~C~(~ i'.4[;f
~
~
~
- . . _ _