The instrument's own words
page 1 · read by Gemma vision
KNOW ALL MEN BY THESE PRESENTS: That we, John N. Johnson, Jr. and Genevieve L.
JOHNSON, husband and wife, both of the Town of Charlestown, County of Washington, State of
Rhode Island, hereinafter called the "mortgagors," in consideration of Ten Thousand ($10,000.00)
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 corporate 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 therefore, the following:
A certain tract or parcel of land with the buildings and other improvements
thereon standing, situated in said Town of Charlestown on the Post Road, so-
called, bounded and described as follows: BEGINNING at a point in the
southeast right of way of the public highway known as Post Road, Route 1,
No. 1, said point being marked by an iron pipe and located 30 feet southeasterly
from a stone wall; thence running south 15 deg. 20 min. Section V as shown
on Rhode Island Highway Department Plan, Plat 13, Sheet 13, dated 10/21/39,
said point being marked by an iron pipe and 100 feet from a Rhode Island high-
way bound marking said southeasterly right of way line of the Post Road; thence
running southeasterly 110 feet along the southeast right of way line of said highway,
133.20 feet from an iron pipe located 30 feet southeasterly of Section V 100 Section
V of aforesaid Plat 13, Sheet 13, dated 10/21/39, to an iron pipe marked by a
stone boundary on the east side of the right of way line of the highway and distance
of 316.51 feet to an iron pipe marked as "S"; thence turning an interior angle on
iron pipe known as Johnson's Line; thence turning an interior angle on
79 deg. 34 min and running southeasterly a distance of 100 feet to an iron pipe; and a
distance of 30.44 feet to an iron pipe marked by an iron pipe; thence turning an interior angle
of 100 deg. 47 min and running westerly a distance of 309.22 feet to an iron pipe; thence
turning an interior angle of 115 deg. 20 min and running northerly a distance
of 300.00 feet to the point and place of beginning, this last line running parallel to the
interior line of Johnson's Line and the whole being a closed course. This tract
containing an area of 2.896 acres and bounded on the north by the Post Road, on
the east by Johnson's Line and bounded on the west by other lands of the
said mortgagors.
Being part of the Parcel conveyed to the mortgagors by John N. Higgins by
his Warranty Deed dated September 1, 1945 and recorded in the Land Evidence
Records of the Town of Charlestown in Book 29, Page 512.
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 Charles-
Town Land Evidence Records in Book 32, 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 pur-
suant to said STATUTORY POWER OF SALE.
And for the consideration aforesaid, the said mortgagors do hereby release all their respec-
tive rights of curtesy and dower to the mortgagee and all other rights, statutory or otherwise, in
the aforementioned premises.
IN WITNESS WHEREOF, the mortgagors have executed these presents on the 21st day of December,
1953.
Executed in presence of
Thomas Sutcliffe
John F. Gallagher
JOHN N. JOHNSON, Jr.
GENEVIEVE L. JOHNSON
INDIVIDUAL ACKNOWLEDGMENT
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON
In Westerly on the 21st day of December, 1953, before me personally appeared John N. Johnson,
Jr. and Genevieve L. Johnson, husband and wife, to me known and known by me to be the parties execut-
ing the foregoing instrument and acknowledged said instrument by their free act
and deed.
HERBERT E. COOKE, Notary Public
Received for record December 21st, A. D. 1953 at 11 o'clock a.m., and recorded by
[?]
Town Clerk
(FOR DISCHARGE OF ABOVE MORTGAGE, SEE PAGE 23)
The page as recorded
