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Tt~o :~lort~;e?~;ur herc:Ly cu~ en~nts with lt~e ?~iort};??~oP~ ttiat he ia inde[eaaiblv seucd ai asid Innd in fee
simple or buch olt~er estute, J any ax ia stuted herein; that I~e has [uU ~~ow~er end I~wful right to copve~ the same
aa sforuiuid; that, the la~id is iree ~rom all eacumbruncos oxcepL as bere~n otherwise rc~it~i; th~L ~id Mort6agor
vvill make such further aesurancAa to provo tho eforosaid titiP to awd land in said Mortgagoe us may be re~?son-
ably re~ uireJ~ aud thet said ~iortgu~c,r Ju~ hereby fuUy v?arrant the title Lo_ saiJ land, aad every part Ll~ereot~
and will dafend ~he aame against the lawtul cluuui of sll persona whon~vor.
Pxovin~n ALw~Ya that it th~ ?~1o~tgagor aball p~y unto the Mortgagoe Lliat cectsin pmmisaory note~ of
~rhich the foll~w•ing is ~ subatanwal coP3 ~ w wi~:
= 26,500.00 Fort Pierce ~Florida.
Septenber 17 ~ 1976 •
FOR VALUS RSCEIVrD~ the undersigned promiae(e) to pey to
THE I,OMAS ~ NETTL~'TON C0~'ANY ~ ~~~~~~on organised aad e~osting uader the
lave oi TNE STATE OF CONNECTICUT, ar order, the principal sum ot ~g~y SIX T80USAND FIVB HUNDBED
AND NO/100 - ~=26,500.00 with interest irom dats at
~e °t EIGHT AND ONE HA1.Fw Per centum ( g~ Sp%) per aunum on the unpaid bslance until paid.
T6e said priacipal aad inlerest ehall be payabie at the office of
The Lomae b Nettletoa Coapany
175 OrBnge Street ~ or at such other pis~ as the holder msy deaignate in writing
1II Ne~r Havp~. Co ec~ibcut 06510
delivered o~mailed to~t e e tor, ui monthly installmenta of T{~IO HUNDRED THREE AND 79/100 ~11ars
203.79'?l ~mmencing on the first dey of ppVg,~gg . 19 76 , aad oontinuina on the
6ret dsy oi each month therealter until this note ia fuDy paid~ e:cept thst~~B~ ner paid~ the 2~ psyment
of princ~psl end intecest ahall be due snd payable on the first day of 6
privileg~e ia rescrved to prepey at uny time~ without premium or lee, the ent,ire indebtedaees or anp part
thereot not less than the amount oi one instaUment, or one hundred doUus (=100.00), ~vhicdever ia less. Prepayment ia tull
shall be credited on the date ieceived. Putial prPpayment, other Wm on an installment due date, need aot De credited until
the next fotlowing installment due date or thirty days atter wch prepayment. w6tc6ever is earlier.
If any deficiency in the paym ent of any installment under thia note is not made good prior b the due dste
of the neut such inatallment, the entire principal sum and sccrued interest ehall at once beoome due and ~sy-
able without notice at the option ot the holder ot ttua note. Failure to ~ercise thia option shall not oonst~tute
s waiver of the right to e~cercise the same in the event of any sub~equent default. In the event of defsult in the
payment oi thia note, and if the sama ia collected by an attorney st law~ the undersigned hereby agtee(s) to
pay all coata oi collection~ including a reasonable attomey's fee.
This note is aecured by mort,qage of even date executed by the nndersigned on oertain pmperty described
therein and repreaenta money actua7ly used for the scquisition of eaid proper6y or the improvemente thereon.
Presenlmenl, protest, and notice are hereby waived.
/s/ ALFONSO CAPEZZA, Jx. [~l
Ai1~bA~b-~'t`,A~iz~; .
/s/ tiARCNREZ CAPEZZA - [~l
i MARGAR~'T CAPEZZ,A
~
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~ And shall duly~ promptly, and fully perEorm, discharge, execute, ef[ect, complete~ sad comply ~vith and abide
~ by each and every the st~pulationa, agreements, conditions~ and oovenants ot said promiaeory note and of this
mortgage, then this mortgage end the estate hereby created shall cP.ase aud be null and void.
~ The Mortgagor furt6er covenants as lollowa:
~ 1. That he will pay the indebtedness, as hereinbefore provided. Privilege is resecved to prepay at aay time,
without premium or fee, the entire indebtedness or any part thereof not less tLaa the amount of one inatallment, or
one hundred dollars (i100.00), ~vhic6ever ia less. .
2_ In order more full~• to pmt~~•t the ~rurit~~ of this n?ort~age, the ~iortga~,?or, together with, snd in
addition to, the montt?I~- pat•menta under th~ termg of the note securecl herebr, on tl?e first da~ o( each month
until th~ said not~ is fulit• paid, will pa~• to th~ tilortKa~;e~, as truslee, (under the ternLg of this trust as herein-
~ att~r stated) the follow•i~ig swus:
(a) A aum equal to the ground rents, if any, neri due, plus the premiums that will nent become due and payable
on poGcies of fire and other haaard insurance covering the mortgaged property, plus taxes and assessments
~ next due on the mortgaged property (all aa estimated by the Mortgagee and of which the Mortgagor is
~ aotiSed) -less all sume already paid t6erefor divided by the number of moaths to elapee before one montb
prior to the date when auch gnwnd rents, premiums, taxes, and assesaments will Lecome delinquent~
such suma to be held by Mortgageeintrusttopaysaidgroundrents~premiuma,taues~andspecialsa~smenta.
(b) The aggregate ot the amounts payuble pureuant to subparagraph (s) and thosepayable on the note secured
~ a~ y~ shall be paid in a single psyment each month, to be appl~ed to the tollow~ing itema in the order
~ ted:
} (I) ground renta, taxes, aseessmente, fire, and other hasard insurance premiume;
~ (II) interest on the note eecured herebq; and
~ (III) amortisation of the principal of eaid note.
~
~ Any deficiency in the amount ot sucheg
gre~ate monthly payment ahall, unless made good by the Mor~
~ gagor prlor to the due dste o[ the next such psyment, constitute sn event of default under thia martgage.
~ At Niortgagee's option, Mortgagor will pay a"late cl~arge" not eaceeding four per centum (4%) ot any inatall-
~ ment when paid more than Sfteen (15) days after the due date thereoi to cover the extro expense invotved in
~ hsndting delinquent payments, but such "late charge" ahell not be psyable out ot the proceeds ot any sale
~ msde to satisfy the ~ndebtrdness secured hereby, unless such proceeds are aufficient Lo discbarge the entire
indebtedness and all proper costs and expenaes secured thereby.
~ 3. If the total of tl~~ pa~-~nents ~nu~1~ i?~- tLP MorlKugor under (a) of paraf;rnpl~ 2 preceding shall exceed
Y~ thP amount of parinents a~tuall~• ma~l~ h~• tfie ~1orlKa~ee, as truste~, for ~round r~nts, taxea and assesamente,
and insurance prniniuir~s, as th~ ~•a~~ ma~= b~, such excesa shsll bc~ credited on subseyuent payments to be made
b}• the ~4ortga~or for su~h it~ms or, at~ ~tortga~~e's optian, as trustce, shall be refuncied to Mortgagor. If~
~ however, su~~? ii~ontl~l~• pa~-ments st~all not 1?c~ suffi~•i~nt to pa}• su~h iteius when the sstne shsll become due
~ and po~•able, then U~e ~1ort~aRor shnU pn~• to the ~tortRa~~~•, ag Irustee, an~• smou»t: necessary to m~ke..up ,
= the de~iciene~•. Such pa~-m~nt shell t~e nia~1~~ within thirt~• (:i0) da}^~ after wtitten notice from the 11'Iorigagee
= atating the tw~ount ot the deficiency, wl~ich notiee msy be given bv mail. If at any time the Mortgsgor ahall
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