4/14/1956 · MORTGAGE · book 35 page 283 doc 4881@35/283

283 MORTGAGE DEED We, CLARENCE TERPENING and ROSE T. TERPENING, husband and wife, both Formerly of the Town of Westerly, County of Washington and State of Rhode Island, now of the Town of Charlestown in said County and State, hereinafter called the mortgagors, for consideration paid, grant to WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, 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 COVENANTS, to secure the payment of Four thousand ($4000.00) Dollars, with interest thereon at the rate of % per annum as specified in a certain negotiable promissory note of the mortgagor, of even date herewith, said principal and interest being payable in 108 monthly installments of Forty-six and 07/100 ($46.07) Dollars each on the Twelfth (12th) day of each successive month commencing May 12, 1956 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 in any wise 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 placed thereon prior to the full payment and discharge of this mortgage, situated in the Town of Charlestown, County of Washington and State of Rhode Island, on the west side of Buckeye Bridge Road, off the Ross Hill Road, and bounded and described as follows: Northerly by Fouquet Brook, so called; easterly by a highway now as Buckeye Brook road westerly, southerly by land of Eliphalet Michael's heirs, and westerly by land now or formerly of Eliphalet S. Pechan (known as the James Johnson place), being the same premises conveyed to said Clarence and Rose T. Terpening by Charles M. and Loretta K. Kelly by a certain deed dated June 1, 1954 recorded in Book 35, page 246 of the Land Evidence Records of Town of Charlestown. 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 promissory note. This mortgage is made subject to those additional agreements and covenants contained in the Instrument entitled ADDITIONAL COVENANTS OF MORTGAGORS OF WESTERLY SAVINGS FUND AND LOAN ASSOCIATION executed between the mortgagee and the mortgagors, a copy of which has this day been received by the mortgagors, the exact terms of which are on record in said Town of Charlestown, in Land Evidence Records Book 35, page 282, and the mortgagors agree to be bound by the terms and conditions of the same, and if default shall be made in the observance or performance of any part of this mortgage, and if default shall be made for the mortgagor to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for and the consideration aforesaid, we, the said mortgagors release to the mortgagee all our right of dower and curtesy and all other rights, statutory or otherwise, in the aforementioned premises WITNESS our hands and seals and this lild date April of 1956. Executed in presence of Henry Harris Harriet W. Prichard CLARENCE TERPENING ROSE T. TERPENING STATE OF CONNECTICUT County of New London In Pawcatuck on the 12th day of April 1956, before me personally appeared the above named Clarence Terpening and Rose T. Terpening, to me known and by me sworn to be the parties executing the foregoing Instrument, and they acknowledged said instrument thus executed to be their free act and deed. HENRY HARRIS Notary Public Received for record April 14th, A. D. 1956 at 1:55 o'clock p.m., and recorded by [?] Town Clerk ---- DISCHARGE of MORTGAGE The WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, Rhode Island, has received full payment and satisfaction of the above mortgage, recorded in the Land Evidence Records in the Town of Charlestown, R. I., in satisfaction of the above mortgage, recorded in the Land Evidence Records in the Town of Charlestown, R. I., in Real Estate Mortgage Book Number 35 Page 283 does hereby cancel and discharge the same. IN THIS MORTGAGE, said Association has this day caused its seal to be affixed and its Seal to be witnessed affixed by A. Amelia Peckham, its Treasurer duly authorized, this 8th day of October, A. D. 1961. WESTERLY SAVINGS FUND AND LOAN ASSOCIATION By A. AMELIA PECKHAM Treasurer. Signed and sealed in presence of James J. Morrison Received for record October 13th A. D. 1961 at 9:00 o'clock a.m., and recorded by [?] Deputy Town Clerk