OPEN-END CONSTRUCTION MORTGAGE SECURITY AGREEMENT, AND ASSIGNMENT OF LEASES AND RENTSOpen-End Construction Mortgage Security Agreement and Assignment of Leases and Rents • March 31st, 2022 • Sachem Capital Corp. • Real estate investment trusts • Connecticut
KNOW YE, that Sachem Capital Corp., a New York Corporation with a mailing address at 698 Main Street, Branford, Connecticut 06450 (hereinafter called the “Borrower”), for the consideration of ONE DOLLAR ($1.00) and other good and valuable consideration received to the Borrower’s full satisfaction from New Haven Bank (hereinafter called the “Bank”), does hereby give, grant, bargain, sell and confirm, with MORTGAGE COVENANTS (hereinafter referred to as the “Mortgage”), unto the Bank, its successors and assigns forever the real property and improvements thereon known as 698 Main Street, Branford, Connecticut (the "Address") and 568 East Main Street, Branford, Connecticut as described in more detail on Exhibit A attached hereto and made a part hereof (the “Property”).
