6/21/1952 · DEED · book 33 page 176 doc 3193@33/176

159 KNOW ALL MEN BY THESE PRESENTS: That we, WALTER E. SWEEORER and JOSEPHINE C. SWEEORER, husband and wife, both of the City of Cranston, in the State of Rhode Island (hereinafter called the mortgagors) in consideration of THREE THOUSAND ($3000.00) Dollars to us paid by the Old Colony Co-Operative Bank, a corporation legally incorporated and established and transacting business in the City of Providence in the State of Rhode Island, the receipt whereof is acknowledged, do hereby grant, bargain, sell and convey unto the Old Colony Co-Operative Bank (hereinafter called the mortgagee), its successors and assigns, forever, That certain tract or parcel of land, situated in the Town of Charlestown, in the State of Rhode Island, and described as follows: Beginning at the most easterly corner of the premises hereby conveyed, at a point in the Town Highway, which said point is the most northerly corner of lot number 4 in plat number 1, as shown in the map filed three hundred twenty-five (325) feet, more or less, southeasterly, bounding southeasterly on said Wayne land site, one hundred twenty-three (123) feet, more or less, southerly, bounding southerly on land of James A. Palmer, forty-five (45) feet, more or less, southeasterly, bounding southeasterly on said Vans land site, forty-five (45) feet, more or less, northerly, bounding northerly on land of lately Daniel E. Palmer, forty-five (45) feet, more or less, westerly, bounding westerly on land of said Palmer, one hundred twenty-one (121) feet, more or less, to a point on said highway, thence one hundred twenty-three (123) feet, more or less, to a point on said Palmer land, one hundred twenty-one (121) feet, more or less, northerly, bounding northerly on said Palmer land, one hundred twenty-five (125) feet, more or less, easterly, bounding easterly on said highway, forty-five (45) feet, more or less, to the point and place of beginning. Said premises are conveyed together with and subject to rights of way of road, and subject to restrictions of record. --- of all persons, except as aforementioned with all buildings and improvements on or appertaining thereto and all claims and demands of every kind whatsoever, and we, said mortgagors, do hereby release all our rights titles, statutory or otherwise, in and to the said grant premises unto its successors and assigns, forever. If this conveyance is made upon the express condition that, if, the mortgagors, administrators or assigns, shall pay unto the said mortgagee, the sum of Three Thousand ($3000.00) Dollars, together with monthly installments of Thirty-one and 20/100 ($31.20) Dollars each of and every subsequent month succeeding the date of this deed according to the terms of a certain promissory note of the said mortgagee, and shall also pay all taxes, assessments, insurance premiums, and payment of which are hereby secured, as and when the same fall due, or all other covenants and conditions all as provided herein part of the said mortgagors, or their heirs, executors, administrators or per formed, then this deed as also said promissory note shall be null and void. In the event of the non-payment of any of the sums of money above mentioned, the said, or of the taxes, assessments, insurance premiums or any other sum of money the payment of which is hereby secured, or any portion thereof at the time or times when due as herein provided, shall continue for three (3) months, or if breach shall And for the consideration and foremost of curtesy and dower and all other right premises unto the said mortgagee, and the PROVIDED, NEVERTHELESS, and the said mortgagors, or their heirs, executors mortgagees, or its successors or assigns with the interest thereon, in ...... a xxxxxxxx each payable on the 16th day of hereof, all in the manner and according to mortgagors bearing even date herewith; sums, water rates and other sums, the which become due and payable, and shall perfo in or in the note above mentioned on the administrators and assigns, to be paid in shall become and be absolutely void to the BUT IF DEFAULT shall be made in at the time or times when due as afore water rates hereinafter specified, or of as said note required or secured, or of any or therein provided, and such default

and known by me to be the parties executing the foregoing instrument, and severally acknowledged said instrument, by them executed, to be their free act and deed. KATHERINE M. RYAN Notary Public. Received for record June 18th, A. D. 1952 at 511 o'clock, p. m., and recorded by [signature] Town Clerk. ---- The OLD COLONY CO-OPERATIVE BANK, having received full payment and satisfaction, does hereby cancel and discharge and discharge the Mortgage Deed dated 24th day of April, 1945, in the Land Records of the Town of Charlestown, sc. State of Rhode Island in Mortgage Book 33 at Page 171, and whereas said Bank has requested that the said bank has caused Presents to be signed on its behalf by its Assistant Secretary and by its Assistant Secretary, under the corporate seal, and further affixed by its Assistant Secretary, all here- unto duly authorized, this 27th day of April A. D. 1955. Signed, Sealed and Delivered in presence of Mary A. Falchini } } } OLD COLONY CO-OPERATIVE BANK (Corporate Seal) By Robert H. Reid Assistant Secretary Katherine M. Ryan Assistant Secretary Received for record April 28th, A. D. 1955 at 250 o'clock, p. m., and recorded by [signature] Town Clerk ---- Know all men by these presents that whereas, Shelter Harbor Corporation, a corporation organized under the laws of the State of Rhode Island and having its office and principal place of business in the Town of Westerly, Washington County in said state of Rhode Island, did on the 31st day of December, A. D. 1931 make, execute and deliver its certain deed of mortgage of that date, conveying the premises hereinafter described to Samuel Nardone and Company, Incorporated, a corporation organised under the laws of the State of Rhode Island and having its principal place of business and office in said Westerly to secure the payment of sixteen (16) negotiable prom- issory notes, six (6) of which were for the sum of one thousand ($1000) dollars and payable to the order of said Samuel Nardone and Company, Incorporated, on the first day of March, April, May, June, July and August, A. D. 1932, respectively and ten (10) of which were for the sum of two thousand ($2000) dollars each and payable to the said Samuel Nardone and Company, Incorporated, or order on the first day of September, October, November, December, 1932 and the first day of January, February, March, April, May and June, A. D. 1933, respectively with interest on all said notes at the rate of six (6) per cent per annum from January 1, A. D. 1932, as by reference to said deed of mortgage on record in the Land Evidence of said Westerly for recording mortgages of real estate, Book No. 25, page 366, will fully appear and whereas the said Shelter Harbor Corpo- ration, did, in and by its said deed of mortgage appoint said Samuel Nardone and Company, Incor- porated, it's attorneys, irrevocable, with full power of substitution and revocation for it in its name or in its name or in their names or name at any time, in case default should be made in the payment of any of its said notes or of the interest due on any of said notes, and in case of default should continue for a term of ten (10) days, to sell at Public Auction, the premises described in said deed and hereinafter described, first giving notice of the time and place of sale by publishing the same at least once a week for three (3) consecutive weeks in the Westerly Sun, a public newspaper, printed and published in said Town of Westerly, and in "its name, or in its name, or in their names to make and deliver to the purchaser of said premises any deed or deeds that might be necessary to vest in such purchaser an estate in fee simple therein, as more clearly appears in and by said mortgage deed; And whereas, default was made in the conditions of the said deed in this, that the semiannual interest due on all of said notes and the principal due on to wit: twelve (12) of said notes