12/23/1955 · MORTGAGE · book 35 page 215 doc 4804@35/215

215 KNOW ALL MEN BY THESE PRESENTS: That We, WILLIAM J. GARDINER and EDNA M. GARDINER, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Six Thousand & 00/100 ($6,000.00) Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Providence, a national banking association organised 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 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 of even date herewith and bearing the serial number hereof, the following: A certain tract or parcel of land, together with the buildings and other improvements thereon standing, situated in the Town of Charlestown, County of Washington and State of Rhode Island, more or less bounded and described as follows, above to-wit: BEGINNING at the southeasterly corner of the premises herein described, at an iron pipe located on the northeasterly line of the State Highway leading from Charlestown to Wood River Junction; thence running along the southeasterly border of said State Highway north easterly 112 as units, thence running northerly a distance of 200 feet to an iron pipe set in the ground at the northeasterly corner of said Lot; thence running north easterly 125 feet to an iron pipe set in the ground at the northeasterly corner of said Lot; thence northerly 150 feet ground at the northeasterly corner of said Cottlot land; thence northerly 150 feet from the iron pipe set in the ground at the northeasterly corner of said Lot to the northerly line of the said Lot; thence running easterly 125 feet; thence southerly 350 feet to the northerly line of the said State Highway; thence south easterly 7 feet to the southeasterly corner and place of beginning; being a Portion of Lot Number Four (4) on plat entitled, "Plot of Land belonging to William J. Gardiner and Edna M. Gardiner" s.f. P.O. Box 1938, 1936" which plat is filed in the Land Evidence Records of said Town of Charlestown in Book 27, page 272. Being a portion of the same premises conveyed to William J. Gardiner and Edna M. Gardiner by deed of Earl B. Gardiner and Mary A. Gardiner dated March 10th, 1938, recorded in Book 27, page 272 of said Records. This mortgage is made upon the STATUTE CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper published in the City of Providence, said foreclosure sale to be held upon the premises or at some other convenient place, as specified in said notice. This mortgage is made subject to those additional covenants and agreements contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagee, the receipt whereof is hereby acknowledged, dated December 20, 1955, and recorded on December 23, 1955 in the Land Evidence Records in Mortgage Book 34, at page 40. Said covenants and agreements are hereby incorporated by reference made part of this mortgage, and if default shall occur in the performance or observance of any term thereof, it shall entitle the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we, said mortgagors release to the mortgagees all right of (dowry/curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the parties have executed these presents on the 20th day of December, 1955. Executed in presence of Thomas W. Sutcliffe WILLIAM J. GARDINER EDNA M. GARDINER INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 20th day of December, 1955, before me personally appeared the above named William J. Gardiner and Edna M. Gardiner to me known and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deed. HERBERT S. COOKE Notary Public Received for record December 23rd, A. D. 1955 at 1:05 o'clock, P. M., and recorded by [?] Town Clerk