2/1/1949 · MORTGAGE · book 31 page 438 doc 2180@31/438

438 KNOW ALL MEN BY THESE PRESENTS, That we, William J. Manning and his wife Margaret Nelson Manning, both of the Town of Charlestown, County of Washington and State of Rhode Island (hereinafter called the mortgagors) in consideration of Seven Thousand ($7,000.00) Dollars, to be paid up to WAKEFIELD TRUST COMPANY, a corporation created by the General Assembly of the State of Rhode Island, and located and transacting business in the Town of South Kingstown, County of Washington, in said State, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain sell, and convey unto said Wakefield Trust Company, its successors and assigns forever: Those two contiguous lots of land, together with a dwelling house and other improvements located thereon, situated in the Town of Charlestown, Rhode Island, and described as follows: Those certain tracts or lots of land shown and delineated as Lots Numbered 531 and 530 on the plat eventually "Charlestown by the Sea, Owned and Developed by Thomas F. Reilly, Location Charlestown, Rhode Island, Scale 1" = 100' Dated July 2nd, 1936, being a copy of the plat filed in the Office of the Town Clerk of said Charlestown, reference being had to said plat for a more accurate and made part hereof for more particular description of said lots, to wit: The lot numbered 530 bounded on the North by Edgemoor Street 50 feet, more or less; on the East by Lot No. 530 on said plat 110 feet, more or less; on the South by Lot No. 531 50 feet, more or less; and on the West by Lot No. 531 110 feet, more or less. Said premises are conveyed together with the right as appurtenant thereto of parking privileges on lot near Ocean Front, and subject to restrictions running therewith as contained on said map or plat referred to above. TO HAVE AND TO HOLD, the aforementioned premises, with all the privileges and appurtenances thereunto belonging, over and to the use of said Wakefield Trust Company, its successors and assigns, forever. And we the said mortgagors do hereby, for ourselves and for our heirs, executors, and administrators, covenant with said Wakefield Trust Company, its successors and assigns that we are lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances, that we have good right, full power and lawful authority to sell and convey the same in the manner as aforesaid; that said Wakefield Trust Company, its successors and assigns, shall by these presents at all times hereafter peaceably and quietly have and enjoy the said premises, and that we the said mortgagors will, and our heirs, executors and administrators shall, warrant and defend the same to said Wakefield Trust Company, its successors and assigns, forever, against the lawful claims and demands of all persons. And for the consideration aforesaid, we, the said mortgagors, being husband and wife, do hereby expressly release all our right of curtesy and dower in and to the said granted premises unto said Wakefield Trust Company, its successors and assigns, forever. PROVIDED, NEVERTHELESS, that this conveyance is made upon the express condition, that if we the said mortgagors, or our heirs, executors, administrators or assigns, shall pay unto said Wakefield Trust Company, its successors or assigns, the sum of Seven Thousand ($7,000.00) Dollars, wherefor we the said mortgagors have made our negotiable promissory note for said aggregate sum, bearing even date with these presents and payable to the order of the said Wakefield Trust Company, one year from the date hereof, with interest thereon at the rate of four per centum per annum, payable semi-annually in advance until said principal sum is paid, whether at or after maturity, and all installments of interest in arrear, whether before or after maturity, to bear interest at the rate aforesaid, until paid, and shall also pay all taxes and assessments of every kind levied or assessed upon or in respect of said premises, or in respect of said mortgage, which said Wakefield Trust Company, its successors or assigns, may be called upon to pay, whether assessed under statutes now in force or that may be subsequently enacted, then this deed as also said promissory note shall become and be absolutely void to all intents and purposes whatsoever. BUT IF DEFAULT shall be made in the payment of the said principal sum or of said

said interest at the time or times and in the manner aforesaid, or of the taxes or assessments aforesaid, as the same become payable, or of any or either of them, or of any part thereof, or if breach shall be made of the covenant for insurance hereinafter contained, then it shall be lawful for said Wakefield Trust Company, its successors or assigns, to sell, together or in parcels, all and singular, the premises hereby granted, or intended to be granted, or any part or parts thereof, and the right of redemption and use of the said mortgagors, our heirs, executors, administrators and assigns, therein, at public auction, and to bid for and to become the purchaser or purchasers at any such sale, (and no other purchaser or purchasers by any other means) [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] [?] 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IN WITNESS WHEREOF we have hereunto set our hands and seals this 28th day of January A. D. one thousand nine hundred and forty-nine. Signed, sealed and delivered } WILLIAM J. MANNING (SEAL) } MARGARET NELSON MANNING(SEAL) in presence of: Leroy C. Whitford STATE OF RHODE ISLAND, ) County of Washington, ) In South Kingstown, on the 28th day of January, A. D. 1949, before me personally appeared the above named William J. Manning and his wife Margaret Nelson Manning, each to me known and known by me to be the parties executing the foregoing instrument, and they each acknowledged said instrument, by them executed, to be their free act and deed. LEROY C. WHITFORD Notary Public Received for record February A. D., 1949 at 9:05 o'clock, a. m., and recorded by [Signature] Town Clerk ---- The PROVIDENCE UNION NATIONAL BANK Wakefield Trust Office in South Kingstown, having received full payment and satisfaction of the within mortgage, in Mortgage Book 31 at page 438 does hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Trust Company has caused these presents to be signed and its Corporate seal to be hereunto affixed by its Vice President & Asst. Cashier, duly author- ized this 24th day of September A. D. 1952. Signed and Sealed PROVIDENCE UNION NATIONAL BANK (L.S.) in presence of } Wakefield Trust Office Margaret B. Walker } Wakefield, Rhode Island by Everett J. Mateman Vice President Leroy C. Whitford Asst. Cashier Received for record November 20th, A. D. 1952 at 9:05 o'clock, a. m., and recorded by [Signature] Town Clerk