Fillable Printable Second Mortgage Deed - Connecticut

Second Mortgage Deed - Connecticut

NMLS LO: __________________________________________________

CO ID/Name: ________________________________________________

Page 1 of 2 Form #DAP08MD Rev .01/2014

CHFA Loan # ______________

SECOND MORTGAGE DEED

DOWNPAYMENT ASSISTANT PROGRAM

TO ALL PEOPLE WHOM THESE PRESENT SHALL COME,

GREETINGS:

KNOW YE, THAT ____________________________________________________,

(hereinafter referred to as "Grantor"), for the consideration of

_____________________________________________________________ ($ ) dollars and

other good and valuable consideration received to my full satisfaction of Connecticut Housing Finance

Authority (hereinafter referred to as "Grantee") does give, grant, bargain, sell and confirm unto the said

Grantee, its successors and assigns forever, all that certain piece or parcel of land, with the buildings and

improvements thereon, situated in the Town of ________________________, County of

________________________ and State of Connecticut, more particularly bounded and described as follows:

See Schedule A attached hereto and made a part hereof.

Together with all items normally considered fixtures, including but not limited to screens, screen

doors, storm windows and doors, awnings, plumbing, gas and electric fixtures, oil burners and ventilation

equipment now or hereafter placed on, installed in or attached to said buildings, all of which are hereby

declared to be part of the realty and covered by this mortgage.

TO HAVE AND TO HOLD the above granted and bargained premises, with the appurtenances

thereof, unto the said Grantee, its successors and assigns forever, to it and their own proper use and behoof.

And also the said Grantor, does for himself, his heirs and assigns, covenant with the said Grantee, its

successors and assigns, that at and until the ensealing of these presents he is well seized of the premises as a

good indefeasible estate in FEE SIMPLE; and has good right to bargain and sell the same in manner and

form as above written; and that the same is free from all encumbrances whatsoever, except for encumbrances

of record approved by Grantee.

AND FURTHERMORE, the said Grantor does by these presents bind himself, and his heirs,

executors and assigns forever to WARRANT AND DEFEND the above granted and bargained premises to

the said Grantee, its successors and assigns, against all claims and demands whatsoever, except for

encumbrances of record approved by Grantee.

THE CONDITION OF THIS DEED IS SUCH, that whereas the said Grantor is justly indebted to the

said Grantee in the principal sum of __________________________________

_______________________ ($ ) dollars with interest thereon evidenced by Grantor's note dated

the date hereof, the terms of which are incorporated herein by reference, providing for monthly installments

of principal and interest, with the balance of the indebtedness if not sooner paid, due and payable on

______________________________.

AND it is hereby agreed between the said Grantor, for himself, his heirs, executors and assigns, and

the Grantee, its successors and assigns:

1. That the improvements now existing or hereafter erected or placed on the said premises will

be kept in good repair in compliance with all applicable laws, and insured against loss by fire and otherwise

to an amount and by such companies as shall be satisfactory to said Grantee, and that said insurance will be

maintained for the benefit of and payable in case of loss to said Grantee as its interest may appear, that the

insurance policies shall be deposited with the Grantee and that no cancellation or return of any policy or

premium shall be claimed except from and after the redemption of this mortgage.

NMLS LO: __________________________________________________

CO ID/Name: ________________________________________________

Page 2 of 2 Form #DAP08MD Rev .01/2014

2. That all prior mortgages, taxes, assessments, water rates and other governmental or municipal

charges for which lien rights exist and the cost of emergency repairs needed to protect the property will be

promptly paid by the Grantor, and, in default thereof, or in default of payment of insurance premiums

required hereunder, the Grantee may pay the same, and add the amounts so paid to the debt; and charge

interest on the same until repayment to Grantee at the interest rate provided in the note for which this

mortgage is security; and that failure to repay any said advance with interest within one (1) month from the

date of such advancement shall constitute a default, rendering the entire debt, including such advancements,

together with all accrued interest, immediately due and payable without notice.

3. That the Grantor will reside in and occupy said premises as Grantor's principal residence

until said note is fully paid and the Grantor will not transfer his interest in said premises unless the said note

is fully paid at the time of said transfer.

4. That all indebtedness secured hereby shall be paid in the lawful money of the United States

of America.

5. It is agreed that the Grantee's failure to exercise any rights hereunder upon any default shall

not be deemed a waiver or relinquishment of its right to do so with respect to said default.

6. The covenants herein contained shall bind, and the benefits and advantages shall inure to the

respective heirs, executors, administrators, successors and assigns, of the parties hereto.

Whenever used, the singular number shall include the plural, the plural the singular, and the use of

any gender shall include both genders.

The lien of this instrument shall remain in full force and effect during any postponement or extension

of the time of payment of the indebtedness or any part thereof secured hereby.

NOW THEREFORE, if all the agreements herein contained shall be fully and faithfully performed

and said note shall be well and truly paid in all respects according to its tenor, then this deed shall be void,

otherwise to remain in full force and effect.

IN WITNESS WHEREOF, the Grantor(s) have hereunto set their hand(s) and seal(s) this

___________________________________________.

Date

Signed, sealed and Delivered in the presence of:

_____________________________ ____________________________________

Grantor

_____________________________ ____________________________________

Grantor

STATE OF CONNECTICUT )

) SS: ______________________________

COUNTY OF )

The foregoing instrument was acknowledged before me this __________ day of

____________________, yr. _____, by _____________________________________________.

(Name(s) of Grantor(s))

_________________________________________

Commissioner of the Superior Court

Notary Public

My commission expires: