4/30/1954 · MORTGAGE · book 34 page 103 doc 3806@34/103

103 KNOW ALL MEN BY THESE PRESENTS: That we, ROBERT M. MILLS, Jr., and IDA M. MILLS, husband and wife, both of the Town of Charlestown, County of Washington, State of Rhode Island, (hereinafter called the mortgagors) in consideration of FIVE THOUSAND and CO/100 ($5000.00) Dollars to us paid by THE WASHINGTON TRUST COMPANY, a Corporation created by Act of the General Assembly of the State of Rhode Island, located and having its principal office and place of business in the Town of Westerly, County of Washington and State of Rhode Island, the receipt whereof is acknowledged, do hereby grant, bargain, sell and convey unto the said Washington Trust Company, its Successors and Assigns, forever, three tracts of parcels of land with any and all buildings and improvements thereon, located in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows, to-wit: FIRST TRACT: That certain parcel or tract of land, situated in said Town of Charlestown, bounded and described as follows: beginning at a point on the southerly side of the highway, commonly called the "Pot Road", at the northeasterly corner of the premises hereby described and at the northeasterly corner of land now or formerly owned by Greene; thence running southerly, bounded northerly by said State Highway, a distance of One Hundred (100) feet; thence running and returning a distance of two Direction a distance of Two Hundred (200) feet to a point; said last-mentioned point being Two Hundred (200) feet south of the northeasterly corner of land now or formerly owned by Greene; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn- ing and running easterly a distance of One Hundred (100) feet to said line; thence turn

104 PROVIDED, NEVERTHELESS that if said mortgagors, or their heirs, executors, administrators or assigns, shall pay unto said The Washington Trust Company, its Successors or Assigns, the sum of Five Thousand and 00/100 ($5000.00) Dollars at its Banking House in said Westerly, R. I., from the date hereof, with interest thereon, at the rate of five (5%) per centum per annum, payable as provided in a certain negotiable promissory note of even date herewith; and shall also pay all taxes and assessments of every kind assessed or imposed upon or in respect of said premises, or upon said The Washington Trust Company, its Successors or Assigns, in respect of this mortgage or mortgage debt, whether under statutes now in force or that may be hereafter enacted, and shall maintain insurance on said premises as hereinafter provided and pay the premium therefor upon demand, all of said payments to be paid at the several times of payment: in currency of the United States, then this deed as also the promissory note whereby said mortgagors promise to pay said The Washington Trust Company or order, the sum aforesaid with interest as aforesaid at the times aforesaid, shall become and be absolutely void to all intents and purposes whatsoever. BUT IF DEFAULT shall be made in the payment of the said Five Thousand and 00/100 ($5000.00) Dollars principal sum or of said interest at the times and in the manner aforesaid, or of the taxes or the assessments aforesaid as the same first become payable, or by any other of them or any part thereof, or if breach shall be made of the covenant for insurance hereinafter contained, then it shall be lawful for the said The Washington Trust Company, its Successors or Assigns, to sell, together or in parcels, all and singular the premises hereby granted, or intended to be granted, or any parts thereof, and the benefit and equity of redemption of the said mortgagors and their heirs, executors, administrators and assigns therein, at public auction, and to bid for and become the purchaser at any such sale, and no other purchaser shall be allowed application for the purchase money, first giving notice of the time and place of sale, by publishing the same at least once each week for three successive weeks in some newspaper published in Washington County with power to adjourn such sale from time to time, provided that the publication of said notice shall be continued, together with a notice of the adjournment or adjournments, at least once each week in the same newspaper; and such sale to be upon the premises or elsewhere as specified in such notice; and in its or in their own name names, or as the attorney or attorneys of the said mortgagors (for that purpose) by these presents duly authorized and appointed with full power of substitution and revocation) to make execute and deliver to the purchaser or purchasers at such sale or sales, good and sufficient deed or deeds of the premises sold in fee simple; and to receive the purchase moneys, and therefrom to retain all sums hereby secured, whether then payable or to become payable thereafter, or the part thereof then remaining unpaid, and also the interest then due on the same, together with all expenses incident to such sale or sales, and all counsel fees and other expenses incurred in, or on any case connected with, the exercise of these powers and all taxes and assessments aforesaid and all premiums for insurance, either therefore paid by the said The Washington Trust Company, its Successors or Assigns, or then remaining unpaid, and rendering and paying the surplus of said purchase moneys, if any, there above nor over the amounts so to be retained as aforesaid, together with a true and particular account of such sale or sales, expenses and charges, to the said mortgagors, their heirs, executors, administrators, assigns or sales shall forever be a perpetual bar both in law and equity against the said mortgagors, and their heirs, executors, administrators and assigns, and all persons claiming said premises so sold by from, or under them or any of them. And the said mortgagors, for themselves and for their heirs, executors, administrators and assigns hereby covenant with the said The Washington Trust Company, its Successors and Assigns, that they will upon request execute such deed or deeds confirmatory of such sale or sales as may be necessary or advisable. AND FURTHERMORE, We, the said mortgagors, for ourselves and for our heirs, executors, administrators and assigns, hereby covenant with the said The Washington Trust Company, its Successors

and Assigns, that they will upon request execute such deed or deeds confirmatory of such sale or sales as may be necessary or advisable. AND FURTHERMORE, We, the said mortgagors, for ourselves and for our heirs, executors, administrators and assigns, hereby covenant with the said The Washington Trust Company, its Suc- cessors and Assigns, that insurance against loss by fire or any other casualty which may be spec- ified by the mortgagee that insurance shall be kept and maintained on the buildings on the premises aforesaid if notified by the mortgagee or offices as the said Company, its Successors and Assigns, shall approve, in a such office or offices as the said Company, its Successors and Assigns, shall approve, in a sum not less than Five Thousand and 00/100 ($5000.00) Dollars or in such greater amounts as will prevent the operation of co-insurance clauses contained in such policies of insurance, and that the policy or policies of such insurance shall be assigned or transferred, or made payable in a case of loss, to the said The Washington Trust Company, its Successors and Assigns, as collateral security hereto, and in default thereof hereby agree that said The Washington Trust Company, its Successors or Assigns, may from time to time pay premiums as may be necessary to maintain a existing insurance or may effect new insurance; and the said mortgagors for ourselves and for our heirs, executors, administrators and assigns agree to repay to the said The Washington Trust Company, its Successors or Assigns, upon demand any premiums paid by it or them, and if not repaid, the same shall be added to said principal sum and shall be a further charge upon said said premises granted and secured by these presents, as aforesaid. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 28th day of April, A. D. one thousand nine hundred and fifty-four. Signed, sealed and delivered { in presence of { James W. Shaw { ROBERT M. MILLS, JR. IDA M. MILLS STATE OF RHODE ISLAND, { } Sc. County of Washington { In Westerly, on the 28th day of April, A. D. 1954, before me personally appeared the above named mortgagors, Robert M. Mills, Jr., and Ida M. Wills, husband and wife, each and all to me known and known by me to be the parties executing the foregoing instrument, and severally acknowledged said instrument, by them executed, to be their free act and deed. ISABELLE U. BOOK (Notarial Seal) Notary Public Received for record April 30th, A. D. 1954 at 11:05 o'clock, a. m., and recorded by [Signature] Town Clerk ---- THE WASHINGTON TRUST COMPANY in the Town of Westerly, County of Washington, State of Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the Records of the Town of Charlestown in Bk. I, in Real Estate Mortgage Book Number 34, Pages 103-104-105 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 Treasurer duly authorized this 17th day of February, A. D. 1955. Signed and Sealed { THE WASHINGTON TRUST COMPANY (Corporate Seal) in presence of { By David Robertson, Treas. James W. Shaw { Received for record February 18th, A. D. 1955 at 10:00 o'clock, a. m., and recorded by [Signature] Town Clerk