The instrument's own words
page 1 · read by Gemma vision
306
KNOW ALL MEN BY THESE PRESENTS: That we, Kendall K. Drake and Josephine J. Drake
his wife, both of the Town of Charlestown, Rhode Island, hereinafter called "the mortgagors,"
in consideration of Fifty-Four Hundred ($5400.00) 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 date even date herewith and bearing the serial number
hereof, the following:
Those two certain tracts of land, situated in the Town of Charlestown, County
of Washington and State of Rhode Island, together with all the buildings and improvements
improvements located thereon, said parcels of real estate being the following:--
Parcel No. 1:
A certain tract of land with, a dwelling house and other buildings and
improvements located thereon, situated in said Town of Charlestown and contain-
ing 40 acres, more or less, and bounded as follows: Northerly by the land of
[?] and others; Easterly by the land of [?] and formerly or formerly of George
B. Patte; Southerly by land of Patte and formerly the land of Harriet C. Perry;
and Westerly by the land of [?] and others; reserving therefrom the right of way
granted on said tract as now used associated with a right of way to and from the same, and
excepting that parcel conveyed to Dennis Konseth as referenced in L.E.R. 33,
page 174.
Parcel No. 2:
A certain tract of land wooded in situated said Town of Charlestown and
containing 12 acres, more or less, and bounded as follows: Northerly by land now or
formerly of Daniel Seker; Easterly by land formerly of State of Rhode Island;
Southerly by land of [?] and others; and Westerly by land formerly owned by
of Elijah Green; and together with the rights of way appurtenant thereto.
Said parcels of land are the same premises conveyed to Kendall K. Drake and
Josephine J. Drake by a deed from [?] and [?] by deed dated March 14,
1949 and recorded in the Land Evidence Records of said Town of Charlestown in Book
No. 31, page 479, and to said mortgagors by another deed conveying thereunto certain refer-
ence hereby made and said mortgage and made part a reference for more particular description
of said premises.
The herein described tracts of land are conveyed subject to a first mortgage to
The Federal National Bank Union Bank to secure payment of the $11,750, date
June 30, 1952, recorded in said Land Evidence Records in Book No. 33, page 180.
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 alter-
natively, by posting up proper notices on the premises, and that a foreclosure sale of the
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 been this day received by
the mortgagor, the receipt of which is hereby acknowledged, the said terms of the same are in
full force and effect and Evidence Book 34, at pages 40-41. Said covenants and agreements
are hereby by reference made part of this mortgage, and if default shall be made for the mortgage to sell
the above described premises pursuant to said STATUTORY POWER OF SALE.
And for the consideration aforesaid, said mortgagors, being husband and wife, releases
to the mortgagee all their right, title, power (dower) (curtesy) and other rights, statutory or otherwise,
in the aforementioned premises.
IN WITNESS WHEREOF, the mortgagor has executed these presents on the 20th day of
October, 1954.
Executed in presence of
Leroy C. Whitford
KENDALL K. DRAKE
JOSEPHINE J. DRAKE
INDIVIDUAL ACKNOWLEDGMENT
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON
In South Kingstown on the 20th day of October, 1954, before me personally appeared
the above named Kendall K. Drake and Josephine J. Drake, husband and wife, each to me known
and by me to be the parties executing the foregoing instrument and acknowledged said
instrument by them executed to be their free act and deed.
LEROY C. WHITFORD
Notary Public
Received for record October 23rd, A. D. 1954 at 12:25 o'clock, P. M., and recorded by
Town Clerk
Discharge received for record September 9th, A. D. 1958 at 11:53 o'clock, P. M.,
and recorded by
Town Clerk
Industrial National Bank of Providence, having received full payment and satisfaction of the within mortgage, recorded in the Town of
Charlestown in Mortgage Book 34, page 306, does hereby certify that said mortgage is paid in full and does hereby discharge the same, signed
by the authorized officer of the said bank, this 10th day of September, 1958.
INDUSTRIAL NATIONAL BANK OF Providence (Corporate Seal)
By George O. Milliken, Asst. Cashier
Signed and sealed in presence of
Margaret W. [?]
The page as recorded
