Court Opinion

ID: 3355850
Source: CourtListenerOpinion
Date Created: 2016-07-05 18:01:28.986469+00
Date Added: 2024-06-11T11:53:40.423515
License: Public Domain

[EDITOR'S NOTE: This case is unpublished as indicated by the issuing court.]
MEMORANDUM FOR DEFICIENCY JUDGMENT AFTER STRICT FORECLOSURE
The court finds the following:
Date of Judgment of Strict Foreclosure           January 27, 1992
Date Title Vested                                February 20, 1992
FMV on date of Judgment of Strict Foreclosure    $1,777,000.00
Determination of FMV on the date title vested    $1,757,000.00
Original Debt (at time of Judgment)              $2,960,603.51
DEBT AS OF DATE OF VESTING — Judgment Debt plus $19,466.88 (24 days of interest on Judgment at 10% = $811.12 per day)               $2,980,070.39
STATUTORY INTEREST
Subtotal of Original Debt                        $2,980,070.39
FMV (as determined by the Court at deficiency hearing)                         — $1,757,000.00 CT Page 7308 ------------ Subtotal     $ Statutory Rate of Interest                     x           10% ------------ Subtotal     $ :      365 days ------------ Subtotal     $ No. of days from the date of vesting to the date of deficiency              x      417 days ------------ STATUTORY INTEREST                               $ 139,731.55 ------------
--------------------------------------------------------------------------
STATUTORY INTEREST                               $ 139,731.55
COSTS, including title search and appraisal fees awarded at Judgment             + $  5,567.70
ATTORNEY'S FEES (to date)                      +   41,213.57
TAX PAID (Town of Wolcott)                     +   58,971.60
TAXES DUE (Town of Plymouth)
ADDITIONAL APPRAISAL FEES                      +    5,000.00 ---------- Subtotal     $250,484.42
Original Debt with Interest                  + $2,980,070.39 ------------ TOTAL DEBT                                     $3,230,554.70
FMV (as determined by the court at the deficiency hearing)                   — $1,757,000.00 ------------ DEFICIENCY JUDGMENT                            $1,473,554.70
/s/ Patty Jenkins Pittman, J. PATTY JENKINS PITTMAN CT Page 7309