The instrument's own words
page 1
208
KNOW ALL MEN BY THESE PRESENTS: That we, IRVING R. MELBOURNE and FLORENCE C. MEL-
BOURNE, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors,"
in consideration of six Thousand Six Hundred & 00/100($6,600) Dollars to us paid by INDUSTRIAL
TRUST COMPANY, a banking corporation created by the General Assembly of the State of Rhode
Island with its principal place of business in the City and County of Providence in said
State, hereinafter called the "mortgagee," the receipt whereof is acknowledged, do hereby
grant to the mortgagee, its successors and assigns forever, with MORTGAGE COVENANTS, to secure
the payment of the principal and interest of a certain promissory note of the mortgagor of
even date herewith bearing and the serial number hereof, the following:
Those certain tracts or parcels of land with the buildings and improve-
ments thereon, situated on the north side of the State Highway leading from
Carolina to North River stream at the town of Charlestown, County of Washington,
ington and State of Rhode Island, bounded and described as follows:—
FIRST TRACT: BEGINNING at the southwestern corner of these premises at an
iron pipe on the north line of the State Highway, said point being located
500 feet easterly, along the north Highway line from the southeast corner of
Lot No. 7, and running thence northerly, or line nearly northerly, or line
with the east line of said Lot number 7, a distance of 550 feet to an iron
pipe at the northeast corner of these premises, thence running, or line
angle of 106° 20' a distance of 113.84 feet to an iron pipe; thence south,
turning an angle of 106° 20' a distance of 495.07 feet to an iron pipe on the
pipe on the north line of said Highway; thence west on the arc of a circular
curve having a radius of 1,118.51 feet and 589 along said northerly Highway
line a distance of 200 feet more or less to the point of beginning; said tract
Lot No. 8 on plat referenced "plat of Property of Fred H. Kenyon and Maurice B.
Sheldon, Charlestown, Rhode Island, dated Dec. 28, 1942" signed by A.
Lewis Engrs." This Plat Supersedes All Previous Plats Filed" which plat is
filed in the office of the Recorder of Land Evidence of Town of Charlestown.
SECOND TRACT: Bounded South by said State Highway, a distance of 125
feet, more or less; west by the line of Lot No. 6 above the referred to, plat a
distance of 140 feet, more or less; north by the boundary line of Fred H. Sheldon
et ux, a distance of 125 feet, more or less; and east by Lot No. 8 on the
above referred to plat, a distance of 140 feet, more or less. Being shown
as Lot No. 7 on the above referred to plat.
THIRD TRACT: BEGINNING at a point marking the southwest corner of Lot
No 7 on the above referred to plat, a distance of 100 feet from Frank Minella et ux, during
north, bounded west by said Winman lake and continuation of the
west boundary line of said Lot no. 7, a distance of 600 feet, more or less,
or until it comes to the boundary line of Pawarend and Home Street, thence
in easterly or northeasterly direction, following the shore of said River up-
stream until it comes to the boundary line of land of Water Man et ux
at ux; thence running south, bounded east by said Winman lake, a distance of
100 feet, more or less; thence running south, the northeast corner of Lot
No. 11 on said plat; thence running west, bounded south partly by Lots numbers
11, 10, 9, 8 and 7 more or less, and partly by the lake, more or less to the
point and place of beginning.
FOURTH TRACT: BEGINNING at the southwestern corner of Lot No. 9
on the above referred to plat, and the southwestern corner of Lot No. 10
at said State highway, thence running northerly, bounded southerly by said
State Highway, a distance of 140 feet, more or less, to the southwestern corner
of Lot No. 8 on said plat; thence running northerly, bounded westerly by said
Lot No. 8, a distance of 125 feet, more or less, to an iron pipe at the south-
ground at the northeasterly corner of Lot No. 8; thence running easterly, bound-
ed northerly by the Third Tract, above described, a distance of 40 feet, more
or less to the north line of the State Highway; thence running south,
bounded easterly by said Lot No. 10, a distance of 150 feet, more or less, to
the point and place of beginning. Being shown and delineated as Lot No. 9
on the above referred to plat.
This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF
SALE; provided, however, that publication notice of a foreclosure sale may be made alter-
natively in a public newspaper published in the City of Providence, and that a foreclosure
sale may be held upon the premises or elsewhere at the option of the mortgagee, as specified
in said notice.
This Mortgage is made subject to those additional covenants and agreements contained
in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received
by the mortgagor, the receipt whereof is hereby acknowledged, the exact terms of which are on
record in said Charlestown Land Evidence in Book no. 32, at page 668. Said covenants and agree-
ments are hereby reference made part of this mortgage, and if default shall be made in the
performance or observance of any of the same, it shall be lawful for the mortgagee to sell
the above described premises pursuant to said STATUTORY POWER OF SALE.
And for the consideration aforesaid, we, said mortgagors, release to the mortgagees all
right of (dower) & (curtesy) and all other rights, statutory or otherwise, in the aforementioned
premises.