3/11/1955 · MORTGAGE · book 34 page 424 doc 4135@34/424

424 KNOW ALL MEN BY THESE PRESENTS: That we, Raymond B. Fowler and Marguerite M. Fowler, husband and wife, of Coventry, Connecticut, hereinafter called the "mortgagors," in consideration of Seventeen Hundred Fifty ($1750.00) 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 we hereby acknowledge, 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 the date even herewith and bearing a serial number hereof, the following: That certain lot or parcel of land, together with all buildings and improvements thereon situated, in the Town of Charlestown, County of Washington in the State of Rhode Island, being the same premises described in a deed dated June 30, 1954, and listed as Lot Number 35 (Three hundred forty-five) on that plat entitled "OCCUM RIDGE Plat Two in the Town of Charlestown, R.I." prepared by [?] P. [?] W. [?] Pook W. [?], Engineer, and dated July 31, 1936, signed with a Seal, Satterthwaite, Clerk Engineer," which plat is recorded in the Office of the Town Clerk of the Town of Charlestown at Plat Book 2, Page 4. Said premises are conveyed together with the rights, as appurtenant thereunto, to use the roads and streets as they are laid out upon the plat heretofore referred to and also the right to use the roads and streets in common with the others whose lot boundary feet are designated with side notes as "Private Right of Way" and the port and basin laid out on the plat aforesaid, and the right of Loading and unloading boats as indicated said Office of the Town Clerk of Charlestown in Plat Book 2, and in the Office of the Town Clerk of the Town of South Kingstown, Rhode Island in Plat Book 1, Page 1, and at Page 69. Said premises are conveyed subject to restrictions contained in that certain warranty deed dated November 10, 1952, from Fred E. Kruger and Ethel W. Kruger to Raymond B. Fowler and Marguerite M. Fowler, recorded prior hereto. 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 alternatively in a single newspaper published in the locality where the premises are situated 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 AGREMENTS, a copy thereof having been delivered to the mortgagor, and we hereby acknowledge and accept said statement from date of execution of this mortgage and recorded in Town Book 34 at pages 40, 41. Said covenants and agreements are hereby made reference part of this mortgage, and the mortgagee shall have as collateral 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, release to the mortgagee all right of curtesy (dower)curtesy and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the mortgagor has executed these presents on the 11th day of March, 1955. Executed in presence of James O. Watts as to both RAYMOND B. FOWLER MARGUERITE M. FOWLER INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In South Kingstown on the 11th day of March, 1955, before me personally appeared the above named Raymond B. Fowler and Marguerite M. Fowler, husband and wife, each to me known and by me to be the parties executing the foregoing instrument and acknowledged said instrument and known by me to execute them to be their free act and deed. JAMES O. WATTS Notary Public Received for record March 11th, A. D. 1955 at 5:36 o'clock p.m., and recorded by [Signature] Town Clerk Industrial National Bank of Rhode Island having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records of the Town of Charlestown in Mortgage Book 34 at page 424 do hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Company has caused these Presents to be signed and its Corporate Seal to be hereunto affixed by its Proper Officers duly authorized, this eleventh day of March A. D. 1965. Signed and sealed in presence of Mrs. Jean Quigley INDUSTRIAL NATIONAL BANK OF PROVIDENCE LEONARD CALDWELL Manager (Corp Seal) HUDSON G. SCOTT Asst. Manager Received for record August 2nd A.D. 1965 at 10:50 o'clock a.m., and recorded by [Signature] Deputy Town Clerk