3/1/1960 · RELEASE · book 35 page 177 doc 4769@35/177

177 KNOW ALL MEN BY THESE PRESENTS: That we, Frank CROMPTON and MARION E. CROMPTON, husband and wife, of Charlestown, Rhode Island, hereinafter called "the mortgagors," in consideration of Seven Thousand Five Hundred & 00/100 ($7,500.00) 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 reserved 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 or event date herein and bearing the serial number hereof, the following: Those certain tracts or parcels of land together with the buildings and other improvements thereon, situate, lying and being in Town of Charlestown, County of Kent, in the State and State of Rhode Island, bounded and described as follows:-- FIRST PARCEL: BEGINNING at the southeasterly corner thereof, on the northerly side of the Old Post Road adjoining the school house distance 1½ feet recalled; thence southerly to the end of the fence, thence easterly a distance of 170 feet; thence southerly to said Post Road; thence easterly 145 feet to the point and place of beginning; bounded westerly by land of Frank Crompton; northerly by land of Edward S. Crum, westerly by the land of Forward S. Crum, paralleled westerly by the Second Parcel, hereinafter described and southerly by the Post Road. SECOND PARCEL: BEGINNING at the southwesterly corner of the First Parcel, hereinafter described, thence westerly, bounded southerly by the said Old Post Road 6 feet, more or less, to a fence; thence northerly bounded westerly by the said zone and southerly by a fence; bounded northerly by land of Stephen C. Peckham to fence boundary of Edward S. Crum; thence southerly to the boundary of the First Parcel, thence easterly to the point and place of beginning; bounded easterly bounded southerly by early said First Parcel to the point and place of beginning; otherwise the boundary same as the boundary the more northerly portion of the First Parcel. THIRD PARCEL: BEGINNING at a point on the northerly side of the Old State Highway, at the southeasterly corner of land of Sarah E. Charlotte P. Brightman; thence easterly 100 feet to a fence; thence northerly 100 feet to a fence; thence westerly running northerly 90 feet more or less, along and abutting the boundary of land of Sarah E. Charlotte P. Brightman; thence westerly running westerly 10 feet to premise and land former owner; thence northerly 100 feet to a stone bound set in the ground; thence northerly running southerly 90 feet distance to a stone bound set in the ground; thence westerly running easterly 10 feet to the point and place of beginning, bounded southerly by the highway aforesaid, easterly by land formerly of Sarah E. Charlotte P. Brightman, northerly by land of Sarah E. Charlotte P. Brightman and westerly by lands of T. J. L. Crumacher et ux. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that the mortgagee may at its option cause a foreclosure sale to 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 statutory power of sale. This mortgage is made subject to those additional covenants and agreements contained in a STATEMENT OF MORTGAGE CONDITION, copy of the same having been delivered to the mortgagor, the receipt of whereof is hereby acknowledged, the exact terms of which are not herein set forth, but the mortgagors agree to be bound by the terms and conditions of said statement and agree that the agreements and hereby are bound by the provisions in said statement and, if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and if default shall be made in the performance of any of the covenants of reference made part of this mortgage, and