6/18/1953 · LEASE · book 33 page 529 doc 3535@33/529

THIS INDENTURE of LEASE Entered into on the 17th day of June, A. D. 1953 by and between Benjamin C. Gavitt and Bessie C. Gavitt, husband and wife, both of the Town of Charlestown, County of Washington, State of Rhode Island, hereinafter called the Lessors, and Leon M. Grinnell, of said Town, County and State, hereinafter called the Lessees WITNESSETH, That the said Lessors do hereby demise and lease unto said Lessee all that certain tract of land which said Lessors are seized and possessed at "Charlestown Beach," so called, in the Town of Charlestown, County of Washington, State of Rhode Island, being designated as Lot No. 1 (One) on a plat designated as "Plot of Land at Charlestown Beach in the Town of Charlestown, R. I." and being further described as follows: namely and the same as Carl D. Gallup, Surveyor and Platted September 1928, by Leon L. Holland, Civil Engineer, Scale 1" = 50', said plat being filed in the Records of Land Evidence, Town of Charlestown, Rhode Island, Book No. 21 at page 54, Reference to said plat being hereby made and had for a more complete and detailed description of the premises herein leased. TO HAVE AND TO HOLD the same with and the appurtenances thereto unto said Lessee, his executors, administrators and assigns for and during the term of five years from the 17th day of June, A. D. 1953 to the 17th day of June, A. D. 1958, and yielding paying therefore during the said term the annual rent of One Dollar and other consideration, in advance for each and every year during the continuance of this lease; the first payment to be made on the day of the execution of this lease and subsequent payments to be made on the 17th day of June of each and every year succeeding the date hereof, until said rent is paid in full. It is mutually agreed by and between the parties hereto that this Lease may be cancelled by the Lessors giving thirty days notice to the Lessee or by the Lessee giving 30 days notice to the Lessors. IN WITNESS WHEREOF we have hereunto set our hands and seals and to duplicate copy hereof, this 17th day of June, 1953. Executed in the presence of Linton L. Brown as to all signers BENJAMIN C. GAVITT (SEAL) BESSIE C. GAVITT (SEAL) LEON M. GRINNELL (SEAL) STATE OF RHODE ISLAND, ETC.) ) ) County of Washington ) In Charlestown, on the 17th day of June, 1953, before me personally appeared Benjamin C. Gavitt and his wife, Bessie C. Gavitt, and Leon M. Grinnell, each and all to me known and known by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, by them executed, to be their free act and deed. LINTON L. BROWN Notary Public Received for record June 18th, A. D. 1953 at 11:20 o'clock, a. m., and recorded by [Signature] Town Clerk ---- INDUSTRIAL NATIONAL BANK OF PROVIDENCE, having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records of the Town of Charlestown in Mortgage Book 33 at page 528 does hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Company has caused these Presents to be signed and its Corporate Seal to be hereunto affixed by its proper officers and duly authorized, this 29th day of August A. D. 1960. Signed and sealed in presence of Evelyn B. Kabulis INDUSTRIAL NATIONAL BANK OF PROVIDENCE (Corporate Seal) By Fred Rapner Fred Rapner Asst. Manager John DeMartino John M. DiMartino Asst. Manager Received for record September 8t, A. D. 1960 at 11:25 o'clock, a. m., and recorded by [Signature] Town Clerk