5/2/1956 · MORTGAGE · book 35 page 295 doc 4892@35/295

295 ---------------- KNOW ALL MEN by THESE PRESENTS: That we, George A. Tormey, Jr., and Lynthia B. Tormey, both of the Town of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Eighteen Hundred Eighteen ($1800.00) Dollars, to be 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, the following described: A certain lot or tract of land, together with all the buildings and other improvements thereon, situated in the Town of Charlestown, County of Washington, in the State of Rhode Island, bounded and described as follows: Beginning at the Town highway leading southerly from the Post Road to Charlestown Pond, at a stone bound; then running thence southeasterly Ninety (90) feet; thence southeasterly Ninety (90) feet; thence Westerly thirty (30) feet to said Town highway; thence Northerly ninety (90) feet, to a stone bound, and thence Northerly to the Place of Beginning. Bounded Northeasterly, Easterly and Southerly by land now or formerly of Bessie C. Gawitt and Westerly by said Town highway, or however otherwise the same is bounded or described. The herein described premises are the same premises conveyed by warranty deed from Eva B. Gawitt to George A. Tormey, Jr., August 19, 1954, recorded in the Land Evidence Records of said town of Charlestown in Book 35, Page 100, and in turn, conveyed by deed dated January 14, 1956, from George A. Tormey, Jr. to himself and his wife, Lynthia B. Tormey, recorded in Records of said Town's Charlestown in Book 35, page 291. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that the notice of a foreclosure sale may be made alternatively provided in a public newspaper published in the City of Providence, R.I. Form of notice to be sent to the mortgagors, as specified in said notice. held upon the premises or elsewhere. This mortgage is made subject to the additional covenants and agreements contained in a separate document entitled COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagor, the receipt whereof is hereby acknowledged. Said covenants and agreements are by reference made part of this mortgage, and if default shall be made in the performance of any of said covenants, it shall be sufficient for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we said mortgagor, being husband and wife, releases to the mortgagee all right, title and interest of (dower)(courtesy) and all other rights, statutory or otherwise, in the aforesaid premises. IN WITNESS WHEREOF, the mortgagor has executed these presents on the 1st day of May A. D. 1956. Executed in presence of Leroy C. Whitford GEORGE A. TORMEY, JR. LYNTHIA B. TORMEY INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND, COUNTY OF WASHINGTON, In South Kingstown, on the 1st day of May A. D. 1956, before me personally appeared George A. Tormey, Jr. and Lynthia B. Tormey each to me known and by me to be the parties executing the Tormey, Jr. and Lynthia B. Tormey instrument by them executed to be their free act and deed. foregoing instrument and acknowledged said instrument by them executed to be their free act and deed. LEROY C. WHITFORD Notary Public Received for record May 2nd, A. D. 1956 at 9:05 o'clock, a. m., and recorded by [Signature] Town Clerk Industrial National Bank of Providence, having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence records in the Town of Charlestown in Mortgage Book 35 at page 295 does 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 authorized officers duly authorized, this 7th day of July A. D. 1999. Signed and sealed in presence of Margaret S. Walker INDUSTRIAL NATIONAL BANK of Providence By Everett J. Ratten Vice-President Leroy S. Whitford Asst. Cashier Received for record July 8th, A. D. 1999 at 11:08 o'clock, a. m., and recorded by [Signature] Town Clerk