5/21/1956 · MORTGAGE · book 35 page 320 doc 4922@35/320

320 DISCHARGE OF MORTGAGE The OLD COLONY CO-OPERATIVE BANK, having received full payment and satisfaction, does hereby cancel and discharge this Mortgage Deed, which is recorded in the Land Records of the Town of Charlestown, in the State of Rhode Island, in Mortgage Book 35 at Page 318-319. IN TESTIMONY WHEREOF, said bank has caused these presents to be signed on its behalf by its SECRETARY and by ITS ASSISTANT SECRETARY and its corporate seal to be hereto affixed by its SECRETARY, all be unto due authority authorized, this 3rd day of July A.D. 1950. OLD COLONY CO-OPERATIVE BANK, By G. M. BROWN Legal Secy, SECRETARY Signed, Sealed Delivered and delivered in presence of MONICA J. DANNEY By Gloria L. Lincoln, Asst. Secy. KNOW ALL MEN BY THESE PRESENTS: That we, Wallace E. Burdick and Glenna M. Burdick, his wife, both of the Town of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Ninety-Three Hundred ($9,300.00) 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 where of 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: That certain tract or parcel of land, with all buildings and improvements situated thereon, situated in the Town of Charlestown, County of Washington and State of Rhode Island, being known and described as follows: Beginning at a point on the westerly side of the Town highway commonly called "Charlestown Beach Road", at corner of stone wall, being the south-easterly corner of the westerly side of the highway, and thence northeasterly, along the northeasterly side of the highway formerly of Eleanor D. Baker thence following stone wall in a southeasterly direction, bounded southeasterly, by land of Eleanor D. Baker, to a stone post set in the ground at a corner of stone wall, thence following said stone wall in a southeasterly direction, bounded southeasterly, by land of Eleanor D. Baker, to a stone post set in the ground at a corner of stone wall; thence running northeasterly along stone wall, to another corner of stone wall; of thence running easterly along another wall, a distance of [?] feet or there until it reaches a corner of stone wall, thence following said stone wall in a generally southerly direction, bounded southeasterly by land of Eleanor D. Baker, to another corner of stone wall; thence in a general southerly direction, bounded southeasterly and southerly direction, bounded easterly by said Town highway, to a stone post set in the ground at a corner of stone wall, and continuing on, however otherwise the same way be bounded and described; Being the southerly portion of Lot No. 33 of a subdivision of land, as it appears in the Town Clerk's Plat Book 17, in the Town of Charlestown. The hereby conveyed premises are the same premises conveyed from Marion G. Burdick and Beatrice M. Burdick to Wallace E. Burdick by Deed dated August 19, 1946 and recorded first in Land Evidence Records of said Town of Charlestown in Book No. 30, page 114, and in turn, conveyed to Wallace E. Burdick and Glenna M. Burdick by warranty deed dated October 31, 1953 and recorded in said Land Evidence Records in Book No. 33, page 260. This Mortgage is made upon the STATUTORY CONDITION that with the STATUTORY POWER OF SALE provided, however that a foreclosure sale may be made after notice is published in a newspaper published in the City of Providence and, that such notice shall be given to the mortgagors, and the mortgagees shall sell the premises under the mortgage, as specified in said notice. This mortgage is made subject to those additional covenants and agreements contained in the STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagor, the receipt whereof is hereby acknowledged, the terms and conditions of which are recorded in said Land Evidence Records in Book No. 33, page 260 and are incorporated herein by reference into made part of this mortgage, and if default shall be made in the performance or observance of any terms of said covenants, it shall be cause for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we said mortgagors, being husband and wife, release to the mortgagee all right (of dower)(curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the mortgagors have executed the presents on the 10th day of May, A. D. 1956. WALLACE E. BURDICK GLENNA M. BURDICK Executed in presence of Leroy C. Whitford INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In South Kingstown on the 10th day of May A. D. 1956, before me personally appeared Wallace E. Burdick and Glenna M. Burdick, to me known and by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deed. MARGARET B. WALKER, Notary Public Notary Public (SEE PAGE 321 FOR DISCHARGE OF ABOVE MORTGAGE)