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Home My WebLink About2147 T~ ~ortg~gor be~+eb~ oov~e~anb with tb~i Martgs~eey tL~t be i~ indefeadL~ ~eised oi said land ia ies inple or such other eatatei ~f_u?y ~a is stat~ed Lesein; tLat be has tull power aad la ul right to convev the sRms as atoresaid; that tLe Lud ~u ired ~rom all eacumbr~noes esoept is hersia otbenvi~s recited; t~6at s~id~tortgag~or will make ~uch furWer sesuranoes to prove tLs atoreeaid tit~ls ~o aid Lad ia isid Mortgagee ae ma~ be re~soa- ~b~yrequired, i?nd tLat said Mortgagor doea hareb7 i~ warrsat t~e wtls to ~id Ln~d, ~n~d eoe~7 P~ ~~~i ~ad qilt defend the ~ams agsi~` ZLs Lwful daimr oi pe~o~ wLomr~sver. PItOOIDZD ALNATS ~t ~~A MOt~~O~' tL~ ~ 11~00 ~ MArt~ee tL~i aertaiu p~c+omi~ory note, a[ wLich tLe~lolloMin~ is a subst~atial ooP7, Fort Pierca i 29,900.00 Februa 7 75 ry ~ 1~ . Fae Y~?i.vs Rscrosa, P~~~ ~ P~11 ~ T~ LQ~lAS ~ NBTTLSlON COl~ANY • , s eo~pon?tian ce~nised ~w~d eade~ti~o~ nader t~s y.~ ot Tas s~s oF coru~sc~ric~poo~ a~, tbs ~t~t.am ot Nn~rs~ raoos~ ~ e~n~ AND NO/1 Ddlars (=19,900.00 with iatereet irom dste st Slc~r ~ oNE-esI.F-------~ ~ 1/2%~ pae annum an tbe unp~id a~,u~ee uatit p.id. ; Tbe esia prin«p~l ana int~+eet .b.u be pqyaWe at tbe o~oe at r~ I.aiAS 6 NETrLBTON c~el~r - r 175 Orange Street, Ne~r Haven, Connecticut 06518r` ia , or st euch oiLee pLoe as Wa Loidar mWr deei~oute ia writin6 delivered or mailed to the debtor, in monthly installm~nts af ONB flUNDBBD FIPTY-T~tEB b 03/ 100 Dollars 153.03 oommencing oa tLe first dsy of ~ril • 19 75 s~d eontinuina oa t6s ; Srat dap of each month tLereaf ter unt~ thia note is fully pai , eoroe~tt t~?t, if not eoooec paid, tbe fina~lp~ymenti ` of principal and interest shall be due snd poyable on tLe Srat dsy of March , 2005 Pri is reserved to prepay st any time, witliout premium or fee, tLe entire indebtednees or any pu~ thereof notlesa th4n t~he amount of one inatallmenty or ona hundred dollars (i100.00), ~rbichever is less. If any deficiencp in the paym ent of any inatallment nnder this note ie not made good prior to the due dste of the neat such installment, the entire principal aum and aocrued intereet shsll at onoe beoome due and Fay ~ sble ~vithout notioe st the option of the holder of tbis note. Failure to Qzem.iee this option shall not oonstatuti~ s waiver of the right to esemase the same in the event of sny subeequent de[ault~ In tbe event of detsult in Lha ps~ment of this note, and if tbe ssme is oollected by aa ~ttorney st Lw, the ~ed hareby agree (s) to ; p?y all oosts oi collectaon, including a reseonnble atitArne~'o fee. ; Thia note is secured by mo oi even d~t,~ ezecnted by tbe ~tndereigned on eectain property deecribed therein and represents money sctu g used for t~ aoquisiti~on oi wd propett~y ~ot ~ improv~man~s t~her~eon. Pi+eeentment, W'ntesfti and notioe aro Lereby waived. - ~ , ~ ~~f ~ eNDY V88NIB flUl~HBEY ~ _ [86AL] ~ PAULA S. ~ ; i ~ _ ~ , And shal! d~il~, P~P~Y~ ~d ~Y P~~, ~~*Be, ~P~~, aad eo~nply wit~? ami sbide ~ ; by escl? and ever~? the atiP~~~, oonditiona, aud eovensnta af said ~ ' note ~nd oE this ~ mo*t6age, tbea ttue mortgage and tbe estate hereby o:+eated shall oeeee aad be anll ~oid. ~ ; Tbe Mort~a further ooveaaata as follows: ~ ~ l. T'hst he willp ay the indebtednese, sa here~nb~a+e pmvided. Priw'kge ie reeetved to pe+epsp st snp time, ~ ~ without pr~~nium or f~e, the eatire indebtednees or any psrt thereof noR I~eee t6aa the iwnaunt of one ioetallment, oe ~ ~ me hundred do~lsra (i100.00), ~vLicLever ia leee. _ ~ ~ 2. ~n order niore fully to protect the security of this mortga~e,' tha -Mortgagor~ together ~vith and in = ~ addition to, the monthl~ pa~-rnents under the terms of the note secured hereby on the firet day of eac~ month ~ until t_he said note is [ully paid, will pay to the Morigagee, as trustee, (under t~e terms of Lhis truat as herei~ : i aft,er stated) the following sums: t ~ (a) ? sum ec~nsl to the ground re.nts, if aay, ne:t due, plua the pc~minme thst w~l ne~ct beoome due and payable ; on p~c~es ot Sre and other ha:ard ineurance oovering tbe mortgaged p~+opertY. Plus teuces snd assessmenta neat due on the mort6a8~ P~rtY (dl as eetimuted by tbe Mict~gee ~ad o[ whieh the Mortgagor is ~ notiSed) IeeB all ~uma alc+ead ps~d tberetor divided by tbe number of montLs toeLpee before one month ~ prior to the date ~vhea eu~ 6round r~ts, P~~, aad aeeeeemente ~vill Leoome delinquent, ~ wch s~me to be held by Mo,rtg,agee~ntivsttopay~nid6roundreats,P~~,~~aadspeaialseeeeem~nts. ~ (b) The ag~egate o~ the amounte ps pureuant t,o subpera~rsph (a) and thoeeps on ti~e note ~ecured ~ bereby, shall be psid in s an~e~p~,ymeat ench monLh, t~o be spp~ied W tbe f~ iteaos in 16e ordee ~ stated• ~ ~ (n ~ ~'0. aad oth~ L~s~d iaeuranos premiums; . ~ - (In intcrest an the note secured aad ~ ~ (IIn amoiti:atian aE tLe prinapal af ~aid note. Anp deficiency in tbe unount of such~greg~ te monthl~ ~apment ~haD, unlees made sood by the Moit- gagor pno~ ~o the due date of the nex6 suchps y-men~, oonsUtute an even~ of default under tLis mort~a~e. At Mortgagce's option, Mort,Ragor ~vill pay. a"late chsrge" not ezoeeding four pe~ centum of any instsll- ment when paid more than fftteen (lb) dstys aiter the due date thereoi to oover Lhe eactta eacpease involved in ~ handling delinquent F~yments, but 4uch 'l~te charge" ~hhall no! be payable out oi the pmceeda of any eale ~ made to aatisfy the ~ndebt~dnees secured bereby, unle~ such pt~ooeds are w~Cien~ i~O diechs~gs ~hs ~nti~ ~ indebtedneas and ~il proper casts ~?nd ea~pensee secured theroby. h ~ 3. It the total of t}?e psyments made by the Mortgagor under (s) oi paragraph 2 preceding shall exceed ; ~ tlie smount o[ psrmente actually niade by the Mortgsgee, as trustee, for ground renta, taxe.s ~nd aseeearnents, - ~ snd insuranc~ premiums, aa tl~e caae msy be, such eaceea ehall be ctedited on subsequenti peyments to be made ~ br the Mortgagor tor aucli itema or, at Mortg~gee'a option, ~s trt~stee, shsll b~+ nfunded to Mortgagor. Tf, ; ~ ho~vever, sueh morithly psyments ehall noL be auflicienL to p~s such items ~?hen the sune ahall beo~me due ; ~ swd ps•sble then the Mortgagor ah4ll pav ta the Mortgsgee, as t.rnstee, any smount n to make np i ~ thP d~ciencr. Such pa~-ment s)~all be made ~vithin thirty (30) d•,vs aft.er wntien ~iotice t~e Mortgages ~ ststing the sanount of t~he deficie~nay, wliich aot~ee msy be p~en b~ maii. Ii at ~a~ tims iLe ~iortSaBo~' ~i1 ' T l C~ ~ ~ - aooK236 P~E2145 ~ ~ - - _ . . : .