The instrument's own words
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353
KNOW ALL MEN BY THESE PRESENTS: That we, JOSEPH R. CARPENTER and FRANCINE CARPENTER, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Five Thousand and 00/100 ($5,000.00) 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 hereby 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 and bearing the serial number hereof, the following:
A certain tract of land, containing one acre, more or less, together with the dwellings and house improvements thereon, situated in the Town of Charlestown, County of Washington and State of Rhode Island, and bounded and described as follows:
BEGINNING at the northeasterly corner of said lot at some set stone in the ground, thence running easterly at right angles thirty one (31) rods or more, or less, until it meets some set stone in the ground, thence running northerly on line of formerly of John S. Kenyon thence running southerly at right angles sixteen (16) rods, or more or less, until it comes to the line of the road leading from the south side of the town of Charlestown to the Village of Shannock, bounded on the east by land or now or formerly of John S. Kenyon thence running southerly at right angles thirty one (31) rods, or more or less, until it meets some set stone in the ground, bounded on the south by said highway; and thence running northwesterly at right angles sixteen (16) rods, or more or less, until it comes to the point one and point of beginning, bounded on the west by land now or formerly of Fred O. Watson and his wife, the surveyor otherwise the same may be bounded and described. Excepting any land now or formerly of the mortgagors.
Being the same premises conveyed to the mortgagors by deed of Gertrude L. Cook, recorded in the Land Evidence Records of said Town of Charlestown.
This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may be made alternatively 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 32, at page 668. Said covenants and agreements are hereby by 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, being husband and wife, release to the mortgagee all right of (dower) & (curtesy) and all other rights, statutory or otherwise, in the aforementioned premises.
IN WITNESS WHEREOF, the mortgagor has executed these presents on the 15th day of December, 1952.
Executed in presence of
Thomas Sutcliffe
JOSEPH R. CARPENTER
FRANCINE CARPENTER
INDIVIDUAL ACKNOWLEDGMENT
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON
In Westerly on the 15th day of December, 1952, before me personally appeared the above named Joseph R Carpenter and Francine Carpenter, to me known and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deed.
HERBERT E. COOKE
Notary Public.
Received for record December 18th, A. D. 1952 at 9:05 o'clock, a. m., and recorded by
[Signature] Town Clerk