11/13/1956 · RELEASE · book 33 page 583 doc 3585@33/583

583 KNOW ALL MEN BY THESE PRESENTS: That we, David P. Northup and Beverly H. Northup, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Seven Thousand & 00/100 ($7,000.00) 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 here with and bearing the serial number herebefore, the following: A certain lot or parcel of land situated in the Town of Charlestown, County of Washington, State of Rhode Island, more or less, being shown and delineated as Lot Number Seven (7) on plat entitled, "Ocean View Subdivision Charlestown, R. I., No. 1, W. R. Moore authorized surveyor, recorded in the Land Evidence Book A January 1936, June 1936)" which plat is on record in the Town Clerk's Office of said Town of Charlestown in Book 2, Page 34, and pages 5, 33. said Lot is bounded as follows: Northerly 100 feet by Lot Number Six (6) on said plat; easterly 189.92 feet, more or less, by Lot Number Eight (8) on said plat; southerly 100 feet, more or less, by the Post Road; and westerly 189.92 feet, more or less, by Lot Number Eight (8) on said plat; EXCEPTING the right to use Broadwater Road and Pine Road, as shown on said plat. Being the same premises conveyed to these mortgagors by deed of Grace G. Gavitt, dated April 4, 1953, recorded in the Land Evidence Records of said Town of Charlestown in Book 32, page 466. This mortgage is made subject to the UDATION SURROGACY [?] and with the STATUTORY POWER OF SALE; provided however, that publication of a foreclosure sale or sales may be made alternatively in a public newspaper of the County where the premises are situated or where the mortgagors shall reside 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 STANDARD FORM MORTGAGE executed by the mortgagors and delivered to the mortgagee 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 a part of this mortgage and are hereby incorporated herein. In performance or observance of any of the same it shall be lawful for the mortgagee to sell the above described premises pursuant to the terms of this mortgage. And for the consideration aforesaid, we said mortgagors release to the mortgagee all right of (dowry & curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the parties have executed these presents on the 29th day of July, 1953. Executed in presence of Thomas Sutcliffe DAVID P. NORTHUP BEVERLY H. NORTHUP INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 29th day of July, 1953, before me personally appeared the above named David P. Northup and Beverly H. Northup, 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. HAROLD B. SOLOVEITZIK Notary Public Received for Record July 30th, A. D. 1953 at 1:10 o'clock, P. 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 in the Town of Charlestown in Book 33 at page 583 does hereby cancel and discharge the same. IN WITNESS WHEREOF, the said Bank has caused these Presents to be signed and its Corporate Seal to be hereunto affixed by its proper officers duly authorized, this 9th day of November A. D. 1956. INDUSTRIAL NATIONAL BANK of Providence (Corporate Seal) By Fred Rayner, Asst. Manager [Signature] Hamiltoncliffe, Jr. Manager Signed and sealed in presence of Ethel S. Sladebottom Received for record November 13th, A. D. 1956 at 1 o'clock, P. M., and recorded by [Signature] Town Clerk