5/13/1955 · MORTGAGE · book 34 page 488 doc 4208@34/488

488 ASSIGNMENT OF MORTGAGE Industrial Trust Company, a corporation duly created by the General Assembly of the State of Rhode Island, Executor under will of John W. Buddington holder of a mortgage by Ines V. Sayer and Louman W. Soule to John W. Buddington dated April 29, 1929, recorded in the Records of Deeds of Charlestown, Rhode Island in Land Evidence, in Book No. 27, at page 675, for consideration paid, assigns said mortgage and the note and claim secured thereby to Gwendolyn Addie Buddington Andreu and Mary Ernestine Buddington McRae of Florida, as joint tenants IN WITNESS WHEREOF said Industrial Trust Company, Executor, as aforesaid, has caused its corporate name and seal to be hereunto affixed this 19th day of January, 1943, by its proper officers thereunto duly authorized. INDUSTRIAL TRUST COMPANY, Executor under Will of John W. Buddington (Corporate Seal) By J. Cunliffe Bullock Vice President C. A. Gilroy Asst. Trust Officer STATE of RHODE ISLAND COUNTY of Providence On this 19th day of January, A. D. 1943, before me personally appeared J. Cunliffe Bullock and C. A. Gilroy, Vice-President and Assistant Trust Officer, respectively of Industrial Trust Company, both to me known and by me known to be the persons in the parties of the Industrial Trust Company, and acknowledged that said Company in its capacity as aforesaid, foregoing instrument and on behalf of said Company said instrument by them so executed to be their free act and deed there severally acknowledged and sealed instrument by them so executed to be their free act and deed in their respective capacities, and the free act and deed of said Industrial Trust Company in its said capacity. WARREN T. FROUDCH (Notarial Seal) Notary Public Received for record May 14th, A. D. 1955 at 9:30 o'clock, a. m., and recorded by [?] Town Clerk ---- MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That We, HERBERT C. RATHBONE, Jr., and JOAN W. RATHBONE, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, hereinafter called the mortgagor, for consideration paid, grant to 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, hereinafter called the mortgagee, with MORTGAGE CONVEYANCE, to secure the payment of SEVEN THOUSAND and 00/100 ($7000.00) Dollars, with interest thereon at the rates specified in a certain negotiable promissory note of the mortgagor, of eve date herewith, said principal and interest being payable in monthly installments of Forty-six and 20/100 ($46.20) Dollars each on the 29th day of each successive month commencing July, 29, 1955 until said principal and interest are paid in full, all as provided in said note, the following described land, together with all buildings and other improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereunto belonging or on or in any way nose now or hereafter appertaining, and together with and including as part of the realty, all heating and air-conditioning apparatus, plumbing, stoves, storm doors and windows, gas, oil and electric fixtures, screens, screen doors, awnings, and other fixtures of whatever kind on said premises or hereafter

489 placed thereon prior to the full payment and discharge of this mortgage,situated in the Town of Charlestown, County of Washington, State of Rhode Island, and bounded and described as follows: Those certain lots or parcels of land, situate in the Town of Charlestown, County of Washington, State of Rhode Island shore, shown and delineated as Lots Numbers 1 (one) and 2 (two) on that certain plan or plat entitled "CROSSLAND PARK Section One in the Town of Charlestown, R. I., Surveyed and Platted, Dec., 1954, W. R. Easterbrooks, Civil Engineer, Scale 1" = 50' 1" said plat being filed in the Town Clerk's Office in said Town of Charlestown. Said Lots Numbers 1 and 2 together form one tract bounded and described as follows: NORTHERLY : By land now or formerly of Mary F. Chaplin, a distance of 226.44 ft, as shown on said plat; EASTERLY : By South County Trail, a distance of 103.45 feet, as shown on said plat; SOUTHERLY : By an unnamed street, or way, a distance of 200 feet, as shown on said plat; and WESTERLY : By Lot Number 3, a distance of 100 feet, as shown on said plat. Being the same premises conveyed to the mortgagors herein by Bezie C. Gavitt, by deed dated February 8, 1955, and recorded in the Land Evidence Records of the Town of Charlestown, R. I., in Book No. 34 at Page 401. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that a foreclosure may be held upon the premises or elsewhere at the option of the mortgagee, as specified in the notice of such sale. This mortgage is made subject to those additional agreements and covenants contained in that instrument entitled ADDITIONAL COVENANTS OF MORTGAGORS OF THE WASHINGTON TRUST COMPANY executed hereby by the mortgagors, a copy of which has this day been received by the mortgag- ors, the exact terms of which are on record in said Town of Charlestown, in Land Evidence Records Book 34 at pages 369 and 370. Said agreements and covenants are by reference made part of this mortgage, and if default shall be made in the observance or performance 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. WITNESS our hands this 29th day of April, 1955. HERBERT C. RATHBONE, JR. JOAN W. RATHBONE Executed in presence of James W. Shaw STATE OF RHODE ISLAND County of Washington. In Westerly on the 29th day of April, 1955, before me personally appeared the above named Herbert C. Rathbone, Jr., and Joan W. Rathbone, husband and wife, both to me known and known by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, to be executed by them to be their free act and deed. ISABELLE W. BOOK (Notarial Seal) Notary Public Received for record May 13th, A. D. 1955 at 11:40 o'clock, a. m., and recorded by [Signature] Town Clerk (FOR DISCHARGE OF MORTGAGE SEE BOOK 41, PAGE 17)