Donald D. Bowers and Deborah Bowers - Page 5

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            the Burlington property was encumbered by a first mortgage of                              
            $60,000 and a second mortgage of $30,000.  Florence was to make                            
            the mortgage payments on these two loans.  Neither Mr. Bowers nor                          
            Florence was represented by counsel up through this point in                               
            their divorce proceedings.                                                                 
                  The Burlington land records reflect the following                                    
            encumbrances on the Burlington property as of April 15, 1988:                              
                  Type        Face Amount    Date                In Favor of                           
                  Mortgage    $70,000     Nov. 10, 1978 Hartford Natl. Bank & Trust Co.                
                  Mortgage    49,000      Mar. 21, 1980 United Bank & Trust Co.                        
                  Mortgage    unknown     Apr. 23, 1980 Hartford Natl. Bank & Trust Co.                
                  Attachment  100,000     Aug. 20, 1980 United Bank & Trust Co.                        
                  Attachment  100,000     Dec. 17, 1987 Citytrust                                      
            The land records also included two notices of lis pendens:  one                            
            dated September 8, 1980, by Hartford National Bank & Trust Co.                             
            referencing the April 23, 1980, mortgage; and the second dated                             
            October 28, 1980, by United Bank & Trust Co. referencing the                               
            March 21, 1980, mortgage.                                                                  
                  For the period May 7, 1988, to May 31, 1989, Mr. Bowers                              
            rented a two-bedroom condominium in Newington, Connecticut (the                            
            condo), for $895 per month.  The lease included an option to                               
            purchase the condo for $149,900, on the conditions that Mr.                                
            Bowers notify the owners no later than August 30, 1988, of his                             
            decision to exercise the option, and that closing occur no later                           
            than November 30, 1988.  Mr. Bowers did not exercise this option.                          







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