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Home My WebLink About0797 . ~ The Mortgagor heraby, ooven~nta with tLe Morigageey th~t be is iadeteaaibly seiaed oi said laad ia tes : simple or such other estate~ ~t u?y 4s is stated derein; tLat he has tuU power and lawful.rigbt to ooovev t~e sRme ; ~s aforesaid; th~~ tha laud w ires ~rom all encumbranoes exoept as heroin otherwise recit~ed; th~t saidMortgsgar ; wi11 make such fwrther aesucsnoes t~o prove tLe i?toreswd tiWe to s~id land in aaid Mortgsgee aa may be reaaon- ` ab~yrequiced, aad th~t said Mortgagor iloes hereby i~ wunat the tiWe to said l~nd, and every p+~t thereot~ ! aad aiU datend ths sams ~gaius~ the lawful daims ot persow whomAOever. _ PItOVIDiD AL~IAYS ~t 1~ 1LA MON$i~Or p~ UIItO L~A MOi~ Wa~r O~t11 p[~0~11890rJ D41A~ ot which tLs folbwing is a~ubsianLial ooP~. t~o wit: i Fort Pier~g ~ ~On~ 29,000.00 July 29,~ 8 75 • Foa VwLns I~csnrs~, t6e unde~ed pr~n~se(e) t~o p,y to THB LOItAS & NSITLETON COI~AI~iY ~~~r~~ and e~ustina under t6s lswe of THE STATB OF CONNBCTICUT. ~ p~pP~ N~ ~OUSAND AND NO/100 _~______=___r_ Do~lurs (i 29,0OO.OQ---3, with intereat from d~te d t6e rate of Si ht pec ceatum ( 8 P~ snanm an tbe unp3d balanoe uatit paid. The eaid princi~l and iaterest aball be psyable et We a~oe ot The Lomas & Nettleton Compeay, 175 Orange Street ~ ~ in Nex Naven, Connecticut 06510 , or st such other plaoe aa the hdder may deaig~te in writing delivered or mailed to the debtor, in.monthly instaltment$ of Til~O HUNDRED TFIELVB AND 86/100 Dollars 212.86 commencing on We 5rat dsy ~ SBPTSHBER . 1975 , and oontiauioa on tbe fireti day oi each month thereatter untii thia note ia fully psid, e~cept that, ii noti sooner paid, tbe final psymeni oi princspai and int~erest shall be due aad p~yable on the 6rat day of AUGUST • 2005 • Privilege is reeerved to prep~y sti any time, withou~ premium or fee. the eatire indebtednees or any part theicoi not les than th~ amount of one 1n~taUa~ent~ or one 6uadced dolla~s (i100.00). whkb~ h less. Ytepsyment ia tuU ~ ahsU be credited on the date reoeired. Partial prepayment, otl~er than on an installment due date, aeed aot be credikd unW the aext IoDowin~ indallment due date or tblrty days after wch prep~yarent, whicherer is eulier. , Ii any deficiency in tLe pa~ment of sny instaliment under this note ia not made good prior to the due dste ~ of tha nest such installmen~, ,the entire priaciWl sum and accrued int~erest e]ull st once beoome due and ~?sy- ' sble without notice ~t the option of tha Loidar oi this nots. Failure to ezerciee thia optaon shall not oonat~tute ~ • w~iver oi the right to esem,ise ihe eame ia We event of aay aubeequenti dei.ul~. In the event oi defsul6 in the psyment of this note, ~nd it tha ssme is oolleated by an attornay ~t law, the n.ndere,igned hereby agree(s) to PsY sll oosts oi collection, including ~ reseona'ble attoFney's fee. { Thia note ia secured by mortgage of even d,te executed by the undereigned on oartain property deecribed : therein ~nd representa money sctually used for the aoquisition of eaid proper~y or the impmvementa thec~eon. ` Presentment, pmtest, and nota~, ue hereby waived. - /s/WALTER WII.FRED ERGLE, 3It. ~~L~ : i~IALTER WILFRBD ERGI.B, JR. ; ~ : ~ /s/JULIA ANN ERGLE _ ~~L~ ~ JULIA ANN SRGLE i ~ And shall duly, promptly, aud fuUy perform, discharge, execute~ e8ect, complete, aad comply with and sbide ~ by each and every the at~pulstions, ag~+eements, oonditions, aad oovenanta of eaid promiseory note and of thia mortgege, then thia mortgage and the estate hereby ca~eated shall ceaee aad be null aad void ~ The Mortg,egor furth~ ooveosats as follows: ~ 1. That he ~vill psy t6e indebtednesa, as hereinbefore pmv'sded. Privilege ia reeerved to prepsq at any time, 4 ~ without premiam ot f~e, the eatire indebtedneas or any ~r! ther~eot not lees than the amount d one inatallment, or ~ one hundrexi dollars (i100.00), whichever ia less. : 2. In order more full~ to pmtect the securit~• ot this mortgage, thc :Vlortgagor, together with, and in ; addition to~ the rnonthl~ pa~ ments under the terms of the note secure.ei hereby, on the first dar of each month ` until the said not~ is fully paid, will pa~• to the ~fortgagee, as trustee, (under the terms of this trust a~ herein- ~ aiter stated) ihe following sums: ~ (s) A eum equsl to the ground rents, if sny, next due, plus the premiums t6at will next beoome due and payable . - on policiee of fire and other hasard ins~raace covering tha mortgsB~ P~P~Y, Plus tsxea and asaeasments ~ ne:t due on the mortgaged property (all as estimated by the Mortg,agee snd of whic6 the Mortgagor is noti5ed) tess a11 eums already paid theretor divided by the number of months to ~ before one month ~ prior to Lhe date when such ground renta, premiwne, ta:es, and seeeasments beoome delinquent, ~ such sume to be held by Mortgageeintntsttopsyeaidgroundtents,premiums,ta:ea,aadspecia~aase~nenta f (b) The aggregate of the amw~nts pa},8ble purenant to subparagraph (s) snd thoeepa~yable oa the note secured ~ hereby, ahatl be psid in a mngle PnYmeat each mo~th, to be sppLed to the f~ilowing items in t~e order ~ stated ' (I) grawd reata, ta~cee, asee~mente, fire, and other hssard insurance premiums; : ! (II) intereat on the note eecured herebq; and • ' (IIl) umortisation of the principal ot said note. , Any deficiency in the amount of suchsggregate monthlp papment shall, unless made good by the Mort- gagor pr~or to the due date o[ the next such psyment~ const~tute an event of deisult under this mortga~e. At Mortgagee's option, Morig sgor will pay a"late charge" not exceeding four per centum (4Q/o) of any install- ~ ment when paid more than fifteen (15) days after the due date tbereof to cover t6e extn expense invojved in ~ handling delinquent psytnents, but auch "late charge" shall not be papabte out of the proceeda of sny sale ~ made t~o satisfy the mdebtkdness secured hereby, unle~ such proceeds are su~cient to d~achsrge the entire indebtedness aad sll proper costs and expenses eecured thereby. 3. I[ tlie lotal oi tl~e pa~~nents n+ad~ b}• the Morigagor undrr (a) of para~rnpl~ 2 preceding ahall exceed ~ ~ tl~e amount of pavments actuoll~ mad~ b~• tl1e ?~iortga~ee, as trustee, for ground rents, taxes and sasessmenta, and insurance premiun~s, as the case ma~ be, such excess sliall be crec~ted on subsequent paymenta to be made by the Morigagor for such items or, at Mortgagee's oplion, as truatee, shall be refunded to Morigagor. If, however, such ruonthly payments shall not I~c suffi~ient to pa~ such items when tfie same shaU become dne s and pa •able, then-tLo MortgaRor shall pa~ to the Mort~a~;ec, us trustee, an~ aniount necessery to~make up the.de~ciene~. Such pa~ment sLall be mude within thirtv (:30) da~~s after written notice !rom the Mortgagee atsting the amount of the deficiEncy, wl~ich notice ~~~n by ~ at uny time the Mortgagor ahall ~ - - ~ , , , ~ ~~,~`~~~--:.Y~~~~~'= ^ _ - ~ - - _ : ~