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Another mortgage holder files for foreclosure on Brook Bound

WILMINGTON- Another mortgage holder has filed a foreclosure action on the Brook Bound Inn property on Cold Brook Road.
The initial foreclosure complaint was filed by Brattleboro Savings and Loan on May 3.  On June 18, trustees of the James L. McGovern III trust filed a cross-claim in Windham Superior Court, claiming that Christopher “Kip” Adams is in breach of their $150,000 mortgage agreement signed in 2004. According to a mortgage deed filed as an exhibit with the complaint, the McGovern mortgage is subordinate to Brattleboro Savings and Loan’s $300,000 mortgage. 

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The Deerfield Valley News

797 VT Route 100 North
Wilmington, VT 05363

Phone: 802-464-3388
Fax: 802-464-7255

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