5/11/1954 · MORTGAGE · book 34 page 122 doc 3826@34/122

122 KNOW ALL MEN BY THESE PRESENTS: That we, Richard L. Larkin and Margaret S. Larkin, his wife, of the Town of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Fifty-Three Thousand Dollars ($53,000.00) Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Providence, a national banking association organized and existing under the law of the United States of America, with its principal place of business in the City and County of Providence in the State of Rhode Island, 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 hereof, the following: That certain tract or parcel of land, together with the buildings and improvements thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, and bounded and described as follows: Beginning at a cement bound set in the ground on the northerly side of the Old Post Road, so called, at the southeasterly corner of the premises hereby conveyed and at the southeasterly corner of the corner of now or formerly ase of Asha Church; thence running westerly, bounded southerly by said Old Post Road, at a distance of one hundred fifty (150) feet to a cement bound set in the ground at the junction of said Old Post Road and the Fast Boat Way; thence running northerly, bounded easterly by said Fast Boat Highway, a distance of five hundred twenty-one and 80/100 (521.80) feet to a cement bound set 1.7 feet below the surface at the entrance of the ground; thence running easterly, bounded northerly by land now or formerly of said Asha Church, at a distance of one hundred fifty (150) feet to a cement bound set in the line of said wall thence running southerly, bounded easterly by said Asha Church, to the point and place of beginning. For a further description of the above described tract of reference is hereby made and referred to as plotted on Plat 1 of Plat of Land in the Town of Charlestown, R.I. Surveyed for Albert A. L. Dixon, dated September 24, 1924, Leon L. Holland, Civil Engineer; said plat being filed in the said records for evidence of land reference in book 24, page 401 and 404. The terms of this mortgage are made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE provided; however, that with the publication of notice of foreclosure said power may be sale in the City of Providence, and that a fore- closure 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 date been received by the mortgagors, the receipt whereof is hereby acknowledged on this date and which date on which date the mortgagors, the receipt whereof is recorded in book 34 of Land Evidence Records as pages 40-41. Said covenants and agree- ments are hereby by reference made part of this mortgage, and if default shall occur in the performance or observance of any of said covenants, 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, releases to the mortgagee all the Right, Title and Power (courtesy) and all other rights, statutory or otherwise in the aforementioned premises. IN WITNESS WHEREOF, the mortgagor has executed these presents on the 7th day of May, 1954. Executed in presence of Leroy C. Whitford RICHARD L. LARKIN MARGARET S. LARKIN INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In South Kingstown on the 7th day of May, 1954, before me personally appeared the above named Richard L. Larkin and Margaret S. Larkin, to be known and known by me to be the parties hereto, and they acknowledging foremost instrument by them executed stating the same to be their free act and deed. LEROY C. WHITFORD Notary Public Received for Record May 11th, A. D. 1954 at 2:16 o'clock, P. M., and recorded by John Clark Industrial National Bank of Providence, having received full payment and satisfaction of mortgage, recorded in the Land Evidence Records of Charlestown, R.I. in Book 34 at page 122, has this date given a Discharge of said mortgage in RECORDED WHEREOF Book 45 and Company has caused there Presents to be signed and its Corporate Seal to be hereunto affixed by its Vice President and Asst Cashier duly authorized this 20th day of October, 1965. INDUSTRIAL NATIONAL BANK of Providence (Corporate Seal) by Everett J. Simmons, Vice-President Leroy C. Whitford, Asst. Cashier Signed and sealed in presence of Margaret B. Walker Discharge of Mortgage received for record October 1st, 1965 2:10 o'clock, p. m., and recorded by