10/30/1954 · MORTGAGE · book 34 page 312 doc 4024@34/312

812 EASTERLY : by Lot Number 11, as shown on said Plat, a distance of Three Hundred Fifty (350) feet, more or less. Being the same premises conveyed to the grantor herein by Fred H. Kenyon and Maude B. Kenyon by deed dated February 21, 1945, and recorded in the Land Evidence Books of the Town of Charlestown, R. I., in Book No. 28 at Page 665. The consideration of this deed is such that no documentary stamps are required. WITNESS my hand this 29th day of October, A. D. 1954. LEO E. O'DONNELL In Presence of: Robert P. Mitchell STATE OF RHODE ISLAND COUNTY OF WASHINGTON In North Kingstown, on the 29th day of October, A. D. 1954, before me personally appeared LEO E. O'DONNELL, to me known and known by me to be the party executing the foregoing instrument, and he acknowledged said instrument, by his execution, to be his free act and deed. ROBERT P. MITCHELL Notary Public Received for record October 30th, A. D. 1954 at 1:00 o'clock, p. m., and recorded by [?] John Clery 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 said Estate Mortgage Book Number 34, Page 312-313-314 does hereby release and cancel and discharge the same. IN TESTIMONY WHEREOF, said Company has caused their Seal to be affixed to this Corporate Seal to be hereunto affixed, and its officer duly authorized this 6th day of July A. D. 1965 Signed and Sealed John R. Gilsen THE WASHINGTON TRUST COMPANY (Corporate Seal) by David Robertson, Trustee. KNOW ALL MEN by THESE PRESENTS: That we, LEO E. O'DONNELL and CAROLINE B. O'DONNELL, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, (hereinafter called the mortgagors) in consideration of SIX THOUSAND and 00/100 ($6000.00) 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, That certain lot of land, together with any and all buildings and improvements located thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, shown and designated as Lot Number 10 (Ten) on that certain plat entitled, "Plat of Property of Fred H. Kenyon and Maude B. Kenyon, Carolina -- Charlestown, R. I. Scale 1" = 80 Ft. November, 30, 1940, Rossi & Lewis, Engineers," said plat being filed in the Office of the Town Clerk of said Town of Charlestown. Said lot is bounded as follows: SOUTHERLY : by the State Highway, as shown on said Plat, a distance of One Hundred Twenty-five (125) feet, more or less; WESTERLY : by Lot Number 9, as shown on said Plat, a distance of Three Hundred Fifty (350) feet, more or less; NORTHERLY : by land near and belonging to Fred H. Kenyon and Maude B. Kenyon a distance of One Hundred Twenty-five (125) feet, more or less, as shown on said Plat; EASTERLY : by Lot Number 11, as shown on said Plat, a distance of Three Hundred Fifty (350) feet, more or less.

313 Being the same parcel conveyed to Leo E. O'Donnell, grantor herein by Fred N. Kenyon and laude S. Kenyon by deed dated February 21, 1942, and recorded in the Land Evidence Records of the Town of Charlestown, R. I., in Book No. 28 at Page 465; which premises have this day been conveyed by said Leo E. O'Donnell to himself Leo E. O'Donnell and his wife, Caroline B. O'Donnell, as will appear of record in the Land Evidence Records of said Town of Charlestown, R. I. TO HAVE AND TO HOLD the aforementioned premises, with their appurtenances, unto and to the use of the Washington Trust Company, its Successors and Assigns, forever. And we, the said mortgagors, do hereby, for ourselves and for our heirs, executors and administrators, covenant with the said Washington Trust Company, its Successors and Assigns, that we are lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances; that we have good right, full power and lawful authority to sell and convey the same in manner aforesaid; that the said Washington Trust Company, its Successors and Assigns, shall by these presents at all times hereafter peaceably and quietly have and enjoy the said premises, and that we, the said mortgagors will, and our heirs, executors and administrators shall, warrant and defend the same to the said Washington Trust Company, its Successors and Assigns, forever, against the lawful claims and demands of all persons, and will also pay the moneys, taxes, assessments and other expenses hereby secured as hereinafter provided. PROVIDED, NEVERTHELESS that if said mortgagors, or their heirs, executors, administrators or assigns, shall fail to pay unto the said Washington Trust Company, its Successors or Assigns, the sum of Six Thousand and 00/100 ($6000.00) Dollars at its Banking Room in Hope Valley, 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 eve date hereinby and shall also pay all taxes and assessments of every kind assessed or imposed upon or in respect of said premises, or upon the said 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 premiums 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 promissory note whereby said mortgagor promises to pay the said Washington Trust Company or order, the sum aforesaid with interest as aforesaid at the times aforesaid stated, shall become and be absolutely void to all intents and purposes whatsoever. BUT IF DEFAULT shall be made in the payment of the said Six Thousand and 00/100 ($6000.00) Dollars principal sum or of said interest at the times and in the manner aforesaid, or of the taxes or assessments aforesaid as the same first become payable, or of any of either of them or of any part thereof, or if breach shall be made of the covenant for insurance hereinafter contained, then it shall be lawful for the said Washington Trust Company, its successors or assigns, to sell, together or in parcels, all and the singular the premises hereby granted, or intended to be granted, or any part thereof, and the benefit and equity or redemption of the said mortgagors and their heirs, executors, administrators and assigns therein, at public auction, and to bind the purchaser as the purchaser at any such sale, and no other purchaser shall be answerable for the application of 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 with power to adjourn such sale from time to time, provided that the publication of said notice with power to adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time 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publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the publication of said notice with power to "adjourn such sale from time to time, p provided that the 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814 expenses, incurred in, or in any way connected with, the exercise of these powers and all taxes, and assessments as aforesaid and all premiums for insurance, either heretofore paid by the said The Washington Trust Company, its Successors or Assigns, or then remaining unpaid, rendering and paying the surplus of said purchase moneys, if any there be over and above the amounts so to be retained as aforesaid, together with a true and particular account of such amounts so to be retained as aforesaid, to the said mortgagors, heirs, executors administrators or assigns, which sale or sales of shares shall forever be a perpetual bar in law and in equity against the said mortgagors, and their heirs, executors, administrators and assigns, and all persons claiming said premises so sold by, or under, from or then other than 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 the request execute such deed or deeds confirmatory of such sale or sales as in any way 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 insurance against loss by fire or any other casualty which may be specified by the mortgagee shall be kept and maintained on the buildings on the premises aforesaid in said office or offices as the said Company, its Successors and Assigns, shall approve, in a sum not less than Six Thousand and 00/100 ($6,000.00) 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 and transferred, and made payable in case of loss, to the said The Washington Trust Company, its Successors and Assigns, as collateral security hereto, and in default thereof agree that the said The Washington Trust Company, its Successors or Assigns, may pay from time to time any premiums which may be necessary to maintain 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 premises granted and secured by these presents, as aforesaid. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 29th day of October A. D. one thousand nine hundred and fifty-four. Signed, sealed and delivered in presence of Robert P. Mitchell LEO E. O'DONNELL CAROLINE B. O'DONNELL STATE OF RHODE ISLAND, ) } Sc. County of Washington } In Hopkinton on the 29th day of October A. D. 1954 before me personally appeared Leo E. O'Donnell and Caroline B. O'Donnell, husband and wife, each and all to me known, and known by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, by them executed, to be their free act and deed. ROBERT P. MITCHELL Notary Public Received for record October 30th, A. D. 1954 at 1:05 o'clock, P. M., and recorded by [?] Town Clerk (FOR DISCHARGE OF FOREGOING MORTGAGE, SEE PAGE 312)