5/4/1953 · DEED · book 33 page 484 doc 3496@33/484

501 KNOW ALL MEN BY THESE PRESENTS: That we, HAROLD C. ROWLAND and RUTH ROWLAND, husband and wife, of Westerly, Rhode Island, hereinafter called the "mortgagors," "in consideration of two Thousand $ & 00/100 ($2,000.00) 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 mortgagees, 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 or event date herewith and bearing the serial number hereof, the following: Thou certain tracts of land, together with the buildings and other improvements thereon situated, situated in Burdickville, scituate, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: FIRST TRACT: COMMENCING at the southeasterly corner there of at the south end of a stone wall bordering land of Samuel and Elizabeth Moore, running northerly along said stone wall 91 feet, more or less, to an oak tree; thence running westerly some 105 feet, more or less, to a big stone; thence northerly some 110 feet, more or less, to the point of lay; thence running easterly some 105 feet, more or less, to the said Yellow land; thence running easterly 105 feet, more or less, along said Yellow land to the point of lay; thence running southeasterly some 110 feet, more or less, to the point of beginning and northerly by land of Olva Unikari and easterly by land of Nilka Unikari. SECOND TRACT: COMMENCING at the northeasterly corner of said tract on the Burdickville Road, so called, at a fence, thence running in a general westerly or southwesterly direction along said Burdickville Road to a point some 110 feet, more or less, from the point of beginning; thence running southeasterly along said stone wall to a fence at Yellow land, so called; thence in a general easterly direction some 105 feet, more or less, to the Burdickville Road, thence to the line of a fence; thence running and turning in a general northerly direction following the line of a fence to the point of beginning; running formerly of Nilka and Olva Unikari, to the point and place of beginning; containing three (3) acres, more or less. Being the same premises conveyed to these mortgagors by deed of Lloyd E. Cook, recorded in the Land Evidence Providence 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 book in Bk 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 mortgagator has executed the presents on the 15th day of May, 1953. Executed in presence of Harold B. Solveitsik Herbert E. Cooke HAROLD C. ROWLAND RUTH S. ROWLAND RUTH ROWLAND INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND, COUNTY OF WASHINGTON, In Westerly on the 15th day of May, 1953, before me personally appeared Harold C. Rowland and Ruth Rowland to me known and by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their act and deed. HAROLD B. SOLVEITSIK Notary Public Received for record May 16th, A. D. 1953 at 10:10 o'clock, a. m., and recorded by [Signature] Town Clerk (FOR DISCHARGE OF ABOVE MORTGAGE SEE BOOK 39, Page 352)