2/19/1955 · MORTGAGE · book 34 page 408 doc 4118@34/408

408 MORTGAGE DEED We, A. GEORGE SARCY and AGNES A. SARCY, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, 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 40 Broad Street, Boston, in the Commonwealth of Massachusetts, WITH MORTGAGE COVENANTS, to secure the payment of Four Thousand ($4,000.00) Dollars in seven (7) years with interest at three per cent (3%) per cent annual, as provided in a certain negotiable promissory note of even date herewith. These certain tracts or parcels of land together with the buildings and improvements thereon located in the Town of Charlestown, County of Washington and State of Rhode Island, are bounded and described as follows, to wit:— FIRST TRACT. A certain lot of land at Quonochontaug East Beach, in the Town of Charlestown, in said County of Washington and State of Rhode Island, shown and delineated as Lot #100 on a plan made by L. E. Swinney, Civil Engineer, of Cottage sites, on Property of H. R. Burdick, Quonochontaug East Beach, Charlestown, R. I., said plan, duly noted, and filed with the Town Clerk of Charlestown, which plat is now on file, or to be filed in the office of the Town Clerk of said Town of Charlestown. Said lot is bounded westerly by the East Beach Road southerly three hundred twenty-eight and sixty-three hundredths hundredths (328.63) feet; southerly one hundred twenty-eight and seventy-one hundredths (128.71) feet; by Lot no. 76 on southeasterly eighty-seven and forty-four hundredths (87.44) feet; by Lot no. 76 on southeasterly one hundred forty-three and twenty-one hundredths (143.21) feet; and northerly one hundred forty-three and twenty-one hundredths (143.21) feet to the beginning. This conveyance includes a right of way, forever, in common with others, for ingress and egress on and in foot with vehicles and to said premises over Burdick Street from the East Beach Road, and over the Charlestown Pond Save Bridges from Burdick Street from the East Beach Road, and over a 20 foot right of way leading easterly from Somerset Avenue located at a point directly easterly of Lot #100 to the above said land. Meaning and intending to describe the same premise conveyed to the mortgagors herein by deed of H. R. Burdick to Ernest S. Dalton et al July 23, 1946 and recorded in the Land Evidence Books of said Town of Charlestown in Book 31 at page 33. SECOND TRACT. A certain tract of land, together with the buildings and improvements thereon, situated in said Town of Charlestown, and is Lot Number 100 on second plat of land of H. R. Burdick, Quonochontaug East Beach, L. E. Swinney, Civil Engineer, which plat is to be filed in the Town Clerk's Office in said Charlestown. Meaning and intending to describe the same premise conveyed to the mortgagors herein and designated as the Second Tract by Deed of Agnes A. Sarcy, dated November 3, 1950 and recorded in the Land Evidence Records of said Town of Charlestown in Book 30 at pages 330 and 331. THIRD TRACT. Beginning at a point on the westerly side of East Beach Road at the southeasterly corner of Lot #100 as shown on "Revised plat of cottage sites on property of H. R. Burdick, Quonochontaug Beach, Charlestown, R. I. scale 1 in. = 60 ft., July 1926s, Ross & Ewings, Engineers" whence northerly parallel to the southerly boundary of Lot #100, thence northerly parallel to the westerly boundary of corner of said Lot #100, thence northerly parallel to the westerly boundary of said Lot #100, thence northerly in a straight line a distance of 325 feet, more or less, to a point on the southerly boundary of the northerly most contiguous parcel of Lot #100, thence said point being located 175 feet westerly along the southerly boundary of said Charlestown Estates from the westerly boundary of said East Beach Road, thence easterly along said East Beach Road to the easterly boundary of said line of said Charlestown Estates to the wall marking the easterly boundary line of said Charlestown Estates to the southeasterly corner along said wall, thence southeasterly along the boundary of said Charlestown Estates to the shore of Garden Pond, so-called; thence northerly, easterly and southeasterly along the shore of Garden Pond to a point located on or formerly of shore of Hazard Pond, thence easterly along the northerly face of said southeasterly boundary of Lot #100, thence easterly along the boundary of said H. R. Burdick to the westerly centerline of East Beach Road, thence northerly along the centerline of said East Beach Road thence to the point and place of the beginning. Bounded easterly partly by East Beach Road, partly by said Lot #100 and partly by land now or formerly of Hazard H. Burdick, northerly partly by said Lot #100 and partly by land now or formerly of Hazard H. Burdick, westerly partly by land now or formerly of Hazard H. Burdick and partly by Garden Pond, and southerly partly by Garden Pond and partly by land now or formerly of Hazard H. Burdick. Conveyance is made subject to right of way contained in prior deeds of record. Meaning and intending to describe the same premise conveyed to the mortgagors herein by deed of agent H. R. Burdick to Ernest S. Dalton July 1, 1950 and recorded in the Land Evidence Records of said Town of Charlestown in Book 32 pages 330 & 332. Excepting from the above described premises that certain lot or parcel of land with the buildings and improvements thereon, conveyed to Margaret C. Dalton by deed of the mortgagors dated May 29, 1954, together with a right of way, and recorded in the Land Evidence Records of said Town of Charlestown in Book 34 at page 142.

409 This mortgage is made upon the STATUTORY CONDITION and with STATUTORY POWER OF SALE. WITNESS OUR HANDS this 18th day of February, 1955. A. GEORGE SARCY AGNES A. SARCY STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Town of Westerly on the 18th day of February, 1955, before me personally appeared A. George Sarcy and Agnes A. Sarcy, to me known and known by me to be the parties executing the foregoing instrument, and they acknowledged said instrument, by them executed, to be their free act and deed. JAMES D. THORNTON, JR. Notary Public Received for record February 19th, A. D. 1955 at 1:00 o'clock, p. m., and recorded by [Signature] Town Clerk (FOR DISCHARGE OF FOREGOING MORTGAGE, SEE BELOW) DISCHARGE OF MORTGAGE SMALL BUSINESS ADMINISTRATION, having received full payment and satisfaction, as owner and present holder of a certain Real Estate Mortgage given by A. GEORGE SARCY, husband and wife, both the Town of Charlestown, County of Washington, State of Rhode Island, to it, dated February 16, 1955, and recorded in the Office of the Town Clerk, Charlestown, Rhode Island, in Land Evidence of said Charlestown, Book No. 34, Pages 408-409, hereby cancels and discharges the same; and SMALL BUSINESS ADMINISTRATION covenants to and with the said A. GEORGE SARCY and AGNES A. SARCY that it is the present owner of said Mortgage. IN WITNESS WHEREOF, the said SMALL BUSINESS ADMINISTRATION has caused these presents to be executed in its name and behalf by EDWARD J. STEWART, Regional Director of its Boston Regional Office, pursuant to the authority published in the Federal Register on July 20, 1957, and contained in 22 F. R. 5811, and its seal to be hereunto affixed this 25th day of June, 1959. SMALL BUSINESS ADMINISTRATION By Edward J. Stewart Edward J. Stewart - Regional Director Boston Regional Office COMMONWEALTH OF MASSACHUSETTS Suffolk, ss. In Boston, on June 23, 1959, before me personally appeared EDWARD J. STEWART, Regional Director of the Boston Regional Office of SMALL BUSINESS ADMINISTRATION, to me known and known by me to be the party executing the foregoing instrument, and he acknowledged said instrument, by him executed, to be his free act and deed and the free act and deed of said SMALL BUSINESS ADMINISTRATION. Henry J. Cataldo (Notarial Seal) Henry J. Cataldo - Notary Public By commission expires September 27, 1963 Received for record July 1st, A. D. 1959 at 1:00 o'clock, p. m., and recorded by [Signature] Town Clerk