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The Mortgagor hereby, covenant+~ r?ith tLe Morlgageh tb~?~ he L indeteasibly seised oi wid Lad in fes .
~ianple or ~ucL otber ~ta?~ ~f u~ as is stated heroin; t6at he hss tull power aad lawiul.righ~ to oonvev the eams ~
Y aiora~id; tha~ tbe l~nd ~s iree from ~11 aucumbraaoes esoep6 as 6srein otherwise recited; that oaid~ortg~gor ~
wiU maks such fur~her ~eswranoes to pro~e tLs atoreNid title to ~aid land ia said Mostga~gee aa may be re~sca- i
requie~ed. ~nd Wati said Ma~l~or doas derab~ i~ ~r~rran~ t~re titk ~o ~id laud, and every pas~ the~+eot, ~
~~,~t d~e~3 ~ ~ ~•i~t :~~#ut ~ c~i g~r~s ~h~~ersr. -
P~OYIDSD ALNAYS t~~ ii the Mort;a~or sh~ll pa~ unto tbs Mort6a~es t~?ti oeH~in W'omira7 nots. oi
which ths tolbwiog is a subs~antiW~l coPJ. to wiL: .
i Z7,500.00 l~ort pi~sce,Plorids.
Augwt 30,•1975 •
Fwe V~.vs R~csivsP, tbe uad~ed Promise(e) to P~Y ~
T8B I.fllIAS ~ ~iBTlLETOii ~~/1Z1Y
, s oorporatian org~nised aad e~i~stina undec tbs
Lws ot TBB S!A?8 OF OO~II~IBC'rICO'~ o~ ader. t,Le princip~l sum of 1~A~1'1"Z S8Y811 ?~iSAND FIVB fll1~ID~SD
AIID NO/1 Dollars (i 27,500.00 with interest irom dsts st
ths rate ot Bight ~ o~ss 6alf P~' ( 8~ °b) P~ ~nawa an ths uapaid b~laaoe until paid.
Tbe s~id principal and in~arest dasU bs payaWe st tbe o~oe af
?be Laaa 6 Nattleton Caspany .
175 Orange Ststat ~
~ pev Ha~en, ~cticut 06510 ~ or ~?t euch other plaoe aa the bdder m~y dee~nste in wiitin~
delivered or mai{ed t.o the debtor, in month~y ins~allments at Ti1~0 HO~IDRBD ffi.SVBN l~PD 48/1Q0 ~u° .
(i 211.4?~ 0°1°~°~ on fbe 6rst dyr of ~p~p
~ , 19 ~S , and oont~nuioa cn the
fiist day oi eacL month t6ereatter until tLis note is fuDy pai'd, ezoept t~~, if not sooner paid, tLe final payanenti
o~ principai and int~ec~es6 aball bs due aad p~ysble on the firsti day oi S~ , 2005
privile~s is reserved to prep~?~ st sa~ t~ime, witLouL premium or fee. the eatire iadebtedaer or aqy Part
tLereot aot !as t6aa the amount of one IwtatitMat, ot one hundred doUac~ (i100.00), w6iebev~r b k~. ~t in tuU
s6a11 be crEdited on the d~te reoehed. PaWil Pr~a,yment, otAe~ tbw on m Lo~t~ilmeat due date, aeed aot be credikd until
the n~t fdlowia= iaaallaaeat due date or t6hty d~jn att~ ad~ pte~yment, wbkbroer 4 e~cl~.
It sq~r deficiency in the psymeat oi an~y installmenti under this note is not made g~ood prior to the due dste
of tbe aext such iffitallmeat, t6e entire prmcipai sum wd accrned interest shall at once beoome dne aad F+?y-
able withouti notios at th~e optaon of tbe Lolder oi thia note. Fail~u+e to eiercise this optioa s6a11 ~oti oonstat,ute .
a waiver oi ~he r'sghti to eserciee the ssme in the ev~t of any subeequenti deG?ult In tbe sv
hti o~ det~?ult in tLe
payment of t~his note, ~nd if ths same is eollected by an attorney at l~w, the nndera~gned ereby age+ee(s) t~o
Ps7 ill ooats oi oollectiun, including a reasow?ble s~torney'a fee.
T6is-note is secured b~ morlEgage oi even dste e~ecuted by the nndereigned on ceitain pmperty deecribed
the~ein and repreeeats money actiually used for tbe soquisitaon of said proper6y os the improvemsnb tbere~n.
~'reeentment, pmtest. and notice are hereby waived. - ~
~86AL~
NA~CQS LSMAS BOBHBYS
. _
BO~tI?A JBAI~ BOBBBTS
r~nne•i
]
! And sha11 dn1Y, P~mP~Y. ~d ~ Pe*form, diecharge, execute, ~ect, oomplete, and oumply with aad abide
t by eac6 aad e~vu~? the stip~ila?tiooa, a~+eemeat8, conditi~s, sad oovenaats at eaid mmieeory nate aad of tLis
on
; mortgage, thea t~us mortgage and the eatate bet+eby ereated shall oease and be null void.
~ The Mortgagar fnrlh~ omreasnta ae follows:
1. 1'6st he willpay the iadebtedn~es, as hP,reiabefore provided. Privilege is reeerved to prep~y st anY
~ without Premium or fee. t~ eatire indebtednees or any part tbereo~ not 1e~~than the aanount of oae inetallmeat, or
one hundred dollara (i100.00), wbiche~?e~ is leea.
2. 1n order more fully to pr~tect the security of thia mortgage, the Mortgagor, together with and in
addition to, the monthl~ pavments under the terms of the note secured hereby, on the first dar of eac~ month
until tlie said noto is futly paid, will pay to the Mortgsgec, ea truatee, (under the trtms ot this ttuat as herein-
after stated) the following swns:
(a) A sum ec~ual to tt~ ground renta, if say, nert due, plus the pe~eminma t6ut wiU ne:t beoome due and psyable
on pohcies ot fire aad otLer 6s~rd insuniaoe ooverin6 the mortBeBed PT'~P~Y, Plus taues snd aseessmente
ne:t due on t~e mort6s~ec~ propertY (a11 as~eatimsted by tlre Mortga~ee and of which the Mortgaaor is
noti5ed)lees sD aums alra?dy paid the~for divided by taa number ot mantbs toe1spee before one month
prior to the dste whea such ~ound renta,. P~miums, tues, and aseeeetneata will tieoome delinquent,
euch snme to be hdd by MortgageeintrusttopsyesudgroundrentB,P~~0.~,andspeciala~ementa.
(b) T6e ag~te af the amounta pay purausat to eubpa~ragrsph (a) sad thaeeps~
yable oa tbe notc secured
hereby, ebaU be paid in s aingie
p~i?ymes! eaoh manth, to be sppl~ed to the f~ibwin6 items in tbe order
atsted
(n ~d and other hasard insurance pnemiuma;
(II) inte~eat an the not~e seeured hereby; ~ad
(III~ amortisatian d the priacipal of aaid note.
~ Any deficiency in t,he ~mount oi auchaggregate monthly psyment ehall, unless made good by the Mor~
~ gagor pr~or to the due date ot the next such psyment, const~tute an event of defsulC under tLis mortgsge.
At Mortgsgee's option, Morigagor w~ill pay •"late chuge" not euceeding four per centum (4~Jo) of sny instsll-
ment whenpu
d more thon fifteen (15) ds1ys aiter the due dste thereof to aover the eatn expeose involved in
handliag delinquent psqaunts, but aueh 'bte chsrge" shall not be psyabla out of the proceeda oi any sala
made to satisty the mdebt~dness secured hereby~ unless such proceeds sre su~cient to drechuge the entire
indebtedness and a11 pmper costa and expe~es eecured thereby.
3. If the t,otal oi the ps~-~nenta n~acie b~• the Mortgngor under (s) of pare{;mpl~ 2 preceding shall exceed
the amount of pavments aetuall~ niaciP b~• tl,e Mortgagee, as truatee, for gcound rents~ taaes snd aesesaments,
and insursnce prnmiums~ sa the cese mav be, such exce~s sl~sll be credited on subaequent psymente W be made
by the Mort r for sucl~ ite~ns or, at Mortgagce'a option, aa truatee, ahaU be refunded to Mortgagor. If,
however~ euc monlldy~ payments sl~all not be sufTi~ient to pa~ such itema when the same ahall become due
and psy
able, then t1?o Mortgagor shull pav to the Mort{~ee, ua trustee, an~ amount neceesary W make up
the deficiency. Such ps~-ment sl~all be mude a?itl~in tliirtv (:30) dsva after written notice frnm the Mortgagee
stat~ing fLe amount of the deficiency, yvhich notice msy be given by mail. If at ~ny tin~e the Mortgag~or sball
° p 243 oA~E 838
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