8/21/1954 · MORTGAGE · book 34 page 252 doc 3958@34/252

252 KNOW ALL MEN BY THESE PRESENTS: That, we, CLINTON H. ARZARMARSKI and FRANCES J. ARZARMARSKI, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Three Thousand Nine Hundred & 00/100 ($3,900.00) Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Providence, a national banking association organized and existing under the laws 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: Two certain tracts or parcels of land, together with the buildings and improvements thereon situated in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: FIRST TRACT: Bounded on the north and west by land now or formerly of Frank E. Bliven on the north, and on the north west by the center of the basin of Fishca Channel; and on the east by Kindlewood Road, sc; otherwise however the same may be bounded and described; SECOND TRACT: Containing four (4) acres, more or less, now or formerly of the "Old Home Homestead," situated on the southerly side of land formerly of Frank E. Brown Riggs, Bounded on the north by a stone wall at the northeasterly corner of these premises then running southerly by the north wall to another stone wall to another stone wall, bounded easterly running by the First Tract above described, then running south by another stone wall, bounded southerly by a stone wall to another stone wall, then running westerly by land now or formerly of Ulysses E. Crandall and Frances E. Bliven, thence southerly by land now or formerly of Frank E. Bliven, thence running easterly by a stone wall until it joined the south wall above described, then running northerly by the easterly wall and bounded on the north and east by said First Tract to the point of and place of beginning; or however otherwise the same may be bounded and described. Being the same premises now conveyed to the mortgagors by deed of Howard P. Bliven dated August 21st, 1944, recorded in Book 29, page 25 of the Land Evidence Records of said Town of Charlestown and SUBJECT to the right of way mentioned therein. 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 said Charlestown Land Evidence in Book 34, at page 40. 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 pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we, said mortgagors release to the mortgagee all right of (dower&curtesy) and all other rights, statutory or otherwise, in the aforesaid premises. IN WITNESS WHEREOF, the parties have executed these presents on the 20th day of August, 1954. Executed in presence of Thomas Sutcliffe CLINTON H. ARZARMARSKI FRANCES M. ARZARMARSKI INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 20th day of August, 1954, before me personally appeared the above named Clinton H. Arzarmarski and Frances M. Arzarmarski as known and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by these executed parties to be their free act and deed. HERBERT E. COOKE Notary Public Received for record August 21st, A. D. 1954 at 3:01 o'clock, p. m., and recorded by [signature] Town Clerk (FOR DISCHARGE OF ABOVE MORTGAGE, SEE PAGE 452)