12/22/1954 · MORTGAGE · book 34 page 363 doc 4073@34/363

363 WE, ROBERT M. THOMPSON AND MARGARET F. THOMPSON, husband and wife, both of the Village of Ashaway, Town of Hopkington, County of Washington and State of Rhode Island, and DONALD A. SASEK, of the Town of Plainville, County of Hartford and State of Connecticut, for consideration paid, GRANT to SMALL BUSINESS ADMINISTRATION, an "Agency duly created under and by virtue of an act of Congress, having its Principal Office in Washington, in the District of Columbia, and a Regional Office at 400 Bread Street, Boston, in the Commonwealth of Massachusetts, with MORTGAGE COVENANTS, to secure the payment of Four Thousand ($4,000.00) Dollars in ten (10) years with interest at three (3%) per cennum, per annum, payable as provided in a certain negotiable promissory note of even date herewith. Two certain tracts or parcels of land, together with the buildings and valuables thereupon erected thereon, situated on the westerly side of Upland Road, so called, at Quonoccutaug Beach in the Town of Charlestown, County of Washington and State of Rhode Island further described and bounded as follows: and so described: Lots #165 and #167 "a Small Lot" as delineated on a certain plan or plat entitled, "Plat of East Beach at Quonoccutaug Beach in Rhode I. S., property of S. B. Davis, Leon L. Holland, C. B. L. etc 100 feet to nautical property, of S. B. Davis," dated February 1, 1931, and recorded in the Land Evidence Records February 2, 1936. Said plat is more fully described in the Land Evidence Records of said town County of Washington. Said Lots #165 and #167 are a total of one hundred ninety one (191) feet, more or less in width on Upland Road and one hundred ninety one (191) feet in depth, and are bounded northerly and southerly by westerly other of land this grantor, southerly bounded partly by Atlantic Ocean and partly by land of this grantor and easterly by Upland Road, so called. The above described premises shall be used as a site for only one residence on each lot not hereby conveyed together with said residence to be of a class to cost not less than one thousand ($1000) dollars, and the building shall be set back not less than 50 feet from the street line of said Upland road on portion of the house (porch included) shall approach the street line of said Upland road on portion of the building shall approach the street near that said street or their lines of said lot nearer than three (3) feet no detached garage or other building on said lot shall be erected there on and all units must be provided with approved toilets, and all toilets and sinks must drain into a septic tank or suitable cess pool. It is understood and agreed that the above restrictions and reservations shall run to and run with the land for a period of twenty years from January 1, 1955. Together with the right in common with others to cross over and across Lot #409 from Atlantic Avenue to the beach and the right in common with others to cross and recess at all times and for all purposes over that part of Lot #238 and the twenty one (21) foot wide path leading to said lot, all as shown on that certain plan or plat entitled, "Plat of East Beach at Quonoccutaug Beach, in R. I., property of S. B. Davis, Leon L. Holland, C. B. L. etc 100 feet to nautical property, of S. B. Davis," dated February 1, 1931, Which plat is duly filed in Land Evidence Records of said Town of Charlestown. Meaning and intending to describe the same premises conveyed to the mortgagors herein by Deed of Charlestown, R. I. dated [?] 1954, to be recorded in the Land Evidence Records of the Town of Charlestown, R. I. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. We, Robert M. Thompson and Margaret F. Thompson, husband and wife, release to the mortgagee our respective right of curtesy and dower. I, Donald A. Sasek, covenant that I am unmarried. WITNESS our hands this 18th day of December, 1954. In presence of: James D. Thornton, Jr. ROBERT M. THOMPSON MARGARET F. THOMPSON DONALD A. SASEK STATE OF RHODE ISLAND, ETC.) County of Washington ) In Town of Westerly on the 18th day of December, 1954, before me personally appeared Robert M. Thompson and Margaret F. Thompson, husband and wife, and Donald A. Sasek, 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. JAMES D. THORNTON, JR. Notary Public Received for record December 22nd, A. D. 1954 at 1:42 o'clock, p. m. and recorded by Town Clerk (FOR DISCHARGE OF ABOVE MORTGAGE, SEE BOOK 36, PAGE 634)