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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 ~ ~ ~ - . . _ _