10/4/1956 · RELEASE · book 34 page 288 doc 3995@34/288

288 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 thereof, the following; A certain lot or parcel of land with the buildings and improvements thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island bounded and described as follows: BEGINNING at a stone wall at the northeasterly corner of the premises herein conveyed, thence turning and running southeasterly 275 feet, more or less, following the street line of South County Street, so-called, until it comes to the street line of Ross Hill Road, so-called; thence running southeasterly 150 feet, more or less, to a general southeasterly line along a stream; thence running southeasterly 300 feet, more or less, to a point 50 feet north of a stone wall; thence running easterly 50 feet to said stone wall and thence running southeasterly 275 feet, more or less, until it meets another stone wall; thence following said last mentioned stone wall in a general easterly direction 400 feet, more or less to the point and place of beginning; or otherwise the boundary same as will be bounded and described. Being the same premises conveyed to the mortgagors by deed of the Sullivan Granite Company dated August 5, 1946, recorded in Book 30, page 110 of the Land Evidence Records of said Town of Charlestown. This mortgage is made under the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may by alternative-ly 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 Charlestown Land Evidence in Mortgage Book 34, at page 40. Said covenants and agreements are by hereby 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 and consideration aforesaid, we, said mortgagors releases to the mortgagee all right of (dower)&(curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the parties have executed these presents on the 22nd day of September, 1954. John R. ALGIERE Eileen B. ALGIERE Executed in presence of INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 22nd day of September, 1954 before me personally appeared the above named John R. Algiere and Eileen B. Algiere to me known and known by me to be the parties intending the foregoing instrument and acknowledged said instrument by then executed to be their free act and deed. Lillian G. Coates Notary Public Received for record September 24th, A. D. 1954 at 9:01 o'clock a. m., and recorded by [?] 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 34 at page 288 does 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 proper officers duly authorized, this 2nd day of October A. D. 1956. Signed and sealed in presence of Ethel B. Siedebottom INDUSTRIAL NATIONAL BANK of Providence By Thomas Sullivan Asst. Manager (Corporate Seal) Fred Rayner Asst. Manager Received for record October 4th, A. D. 1956 at 9:40 o'clock, a. m., and recorded by [?] Town Clerk