10/30/1954 · RELEASE · book 34 page 315 doc 4026@34/315

315 STATE OF RHODE ISLAND AND PROVIDENCE PLANTATIONS DEPARTMENT OF SOCIAL WELFARE DIVISION OF PUBLIC ASSISTANCE 40 Fountain Street Providence 3 October 14, 1954 Town Clerk Town Hall Charlestown, R. I. Dear Sir: Please be advised that the lien impressed upon the real estate of Henry George Read, located in the town of Charlestown, R. I., by the Division of Public Assistance on March 13, 1940, is hereby released and discharged in accordance with Chapter 1205 Public Laws 1944. Very truly yours Alice M. Sheahan (Mrs.) Alice M. Sheahan Assistant Administrator ar/ Received for record October 30th, A. D. 1954 at 1:10 o'clock, p. m., and recorded by [Signature] Town Clerk KNOW ALL MEN BY THESE PRESENTS: That I, LAVISA W. READ, a widow, of Charlestown, Rhode Island, hereinafter called the "mortgagor," in consideration of Two Thousand & 00/100 ($2,000.00) Dollars, to me 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: A certain tract or parcel of land, together with the buildings and other improvements thereon, situated in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows, to-wit: Southerly, westerly and northerly by land nor or formerly of the heirs of Perry Healy and easterly by the public highway known as the Ross Hill Road; or however otherwise the same or any part thereof be bounded and described. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure 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 in 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, I covenant that I am a widow and have not remarried. IN WITNESS WHEREOF, the mortgagor has executed these presents on the 29th day of October, 1954. LAVISA W. READ Executed in presence of Harold B. Solovetzik