3/5/1948 · MORTGAGE · book 30 page 672 doc 1881@30/672

672 KNOW ALL MEN BY THESE PRESENTS, That I, CARL A. WALLANDER, of the City of Cranston and State of Rhode Island hereinafter (called the "mortgagor") in consideration of THREE THOUSAND (3000) Dollars, to me paid by PEOPLES SAVINGS BANK IN PROVIDENCE, a mutual savings bank legally incorporated and established under the laws of the State of Rhode Island, and having its principal place of business in the City and County of Providence in said State, (hereinafter called the "mortgagee"), the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto the said mortgagee, its successors and assigns, forever Those eight (8) lots of land with the buildings and improvements thereon situated on the northerly side of Shore Drive in the Town of Charlestown and State of Rhode Island as follows: All of Lots Nos. 846 (eight hundred forty-six) and 1110 (eleven hundred ten) until 1116 (eleven hundred sixteen) between them, including, as they do, the land and buildings now known as 115 Shore Dr., Charlestown, owned & Developed by Thomas F. Reilly July 25, 1934, E. W. Leighton, Civil Engineer, New Haven, Conn., and recorded with the Records of Land Evidence in said town in book 25 page 111. Said lots together form one parcel being bounded southerly on Shore Drive two hundred (200) feet, more or less, westerly on Lot No. 847 (eight hundred forty-seven) several said plat, one hundred seventy-five (175) feet (116.59) feet, more or less, northerly on Lots Nos. 1119 (eleven hundred nineteen) to 1127 (eleven hundred twenty-seven) several said plat, one hundred seventy-five (175) feet, the hundred (200) feet, more or less, and easterly on Lot No. 1109 (eleven hundred nine) on said plat one hundred twenty-three and 07/100 (123.07) feet, more or less. Together with parking privileges on lot near ocean front. Subject to restrictions set forth or referred to in title deeds and on recorded plat. TO HAVE AND TO HOLD the aforementioned premises, with all the privileges and appurtenances thereunto belonging, unto and to the use of the said mortgagee, its successors and assigns, forever. And I the said mortgagor do hereby, for myself and for my heirs, executors and administrators, covenant with the said mortgagee, its successors and assigns, that I am lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances, excepting as aforesaid, that i have good right, full power and lawful authority to sell and convey the same in the manner as aforesaid; that the said mortgagee, its successors and assigns, forever, shall by these presents at all times hereafter peaceably and quietly have and enjoy the said premises, and that I the said mortgagor will, and my heirs, executors and administrators shall, warrant and defend the same to the said mortgagee, its successors and assigns, forever, against the lawful claims and demands of all persons, except as aforesaid. And for the consideration aforesaid, I, Martha Wallander, wife of the mortgagor, do hereby release all my right of dower in and to the said granted premises unto the said mortgagee, its successors and assigns, forever. PROVIDED, NEVERTHELESS, that this conveyance is made upon the express condition, that if I, said mortgagor, or my heirs, executors, administrators or assigns, shall pay unto the said mortgagee, its successors or assigns, the sum of THREE THOUSAND (3000) Dollars, together with the interest thereon, in the manner and according to the terms of a certain promissory note of the said mortgagor payable to the order of the said mortgagee and bearing even date herewith; and shall also pay all the taxes and assessments of every kind levied or assessed upon or in respect of said premises, or which shall constitute a lien thereon, and all taxes assessed up in respect of said mortgage which the said mortgagee, its successors or assigns, may be called upon to pay whether assessed under statutes now in force or that may be subsequently enacted and shall also pay all insurance premiums, water rates, and other sums, the payment of which are hereby secured, as and when the same become due and payable, and shall also pay and discharge all other debts and obligations of whatsoever character for which said mortgagor may become liable or indebted, directly or indirectly, to said mortgagee prior to the payment in full of said promissory note and shall keep and perform all other covenants and conditions contained in this instrument, then this deed as also said promissory note shall become and be absolutely void to all intents and purposes whatsoever.

674 trators and assigns, hereby also covenant with the said mortgagees, its successors and assigns, as follows: (1) That I will keep and maintain said mortgaged premises in a state of good repair and will not cause or permit waste, or demolition or removal of any improvements on said premises without first obtaining the consent in writing of the said mortgagee, its successors or assigns; (2) That the said mortgagee, its successors or assigns, may at all reasonable times enter said premises for the purpose of inspecting them to determine their condition; (3) That failure on the part of me the said mortgagor, or my heirs or assigns, to keep and maintain said premises in a state of good repair or my or their refusal to permit inspection of said premises as herein provided shall cause the balance due on said note to become payable upon demand; and (4) That the acceptance of subsequent payment of principal or interest on said note after the same shall have become payable on demand as aforesaid shall not be construed as a waiver of any of the aforesaid provisions. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 3rd day of March in the year of our Lord one thousand nine hundred and forty-eight (1948). Signed and Sealed in presence of C. E. Lewis CARL A WALLANDER (SEAL) MARTHA A. WALLANDER (SEAL) STATE OF RHODE ISLAND } } COUNTY OF PROVIDENCE } In Providence on the 3rd day of March A. D. 1948, before me personally appeared the above named mortgagors Carl A. Wallander and Martha Wallander, his wife, to me known to be the parties executing the foregoing instrument, and acknowledged said instrument, by them executed, to be their free act and deed. C. EDWIN LEWIS Notary Public. Received for record March 5th, A. D. 1948 at 10:10 o'clock, a. m., and recorded by [Signature] Town Clerk ---- PEOPLES SAVINGS BANK IN PROVIDENCE, having received full payment and satisfaction of the within mortgage, recorded in the Land Records of Charlestown, Rhode Island in Mortgage Book 30 at page 672-673-674 does hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Bank has caused these presents to be signed and its Corporate Seal to be hereunto affixed by the Assistant Treasurer thereof, duly authorized this 29th day of December A. D. 1957. Signed and Sealed in presence of Eleanor L. Creighton PEOPLES SAVINGS BANK IN PROVIDENCE (Corporate Seal) By Arthur DeCesare Assistant Treasurer Received for record January 11th, A. D. 1958 at 11:45 o'clock, a. m., and recorded by [Signature] Town Clerk