8/16/1956 · MORTGAGE · book 35 page 433 doc 5047@35/433

433 MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That We, JAMES E. REAY and SHIRLEY A. REAY, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, hereinafter called the mortgagors, for consideration paid, grant to the WASHINGTON TRUST COMPANY, a corporation created by Act of the General Assembly of the State of Rhode Island state, 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 SIX THOUSAND and 00/100 ($6,000.00) Dollars, with interest thereon at the rates specified in a certain negotiable promissory note of the mortgagee, of govern date herewith, said principal and interest being payable in monthly installments of THIRTY-NINE and 60/100 ($39.60) Dollars each on the 10th day of each successive month commencing Sept. 10, 1956 until said principal and interest are paid in full, in 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, 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, bounded and described as follows: Those certain lots or parcels of land, together with any and all buildings and improvements located thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, shown and designated as Lots Number 10, 11 and 12 on a "Map of the Reay's Property, See Southeast Corner, Town of Rhode Island, corner owned and developed by Thomas P. Reilly, Scale 1" = 100 feet, dated July 25, 1954, K. W. Leighton, Civil Engineer" filed in the Office of the Recorder of Land Evidence of the Town Clerk, said Town of Charlestown. Said lots form one tract bounded as follows: NORTHERLY : by Green Hill Road, as shown on said Map, One Hundred (100) feet, more or less; EASTERLY : by Lot 8, as shown on said Map, 148.22 feet, more or less; SOUTHERLY : by Lots 48, 49, 50 and 51, a distance of One Hundred (100) feet, more or less; WESTERLY : by Lot 13, as shown on said Map, a distance of 158.82 feet, more or less. Subject to restrictions as contained on said Map. Together with parking provisions as restrictions on lot near ocean front. Being the same premises with parking provisions as the Mortgagors herein by Hannah E. Marshall, herby by deed dated October 11, 1951, recorded in the Land Evidence Records of the Town of Charlestown, R. I., in Book No. 33 at Page 683. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that a foreclosure may be had upon the premises or elsewhere at the option of the mortgagee, as specified in the statute on the subject. This mortgage is made subject to those additional covenants and agreements contained in a certain instrument entitled ADDITIONAL COVENANTS OF MORTGAGORS OF THE WASHINGTON TRUST COMPANY, executed concurrently with the mortgage, and delivered by the mortgagors, to the mortgagee, the terms of which are on record on said Town of Charlestown in Land Evidence Records Book 34 at pages 303 and following. Said instrument is made a part of this mortgage by reference, and in case of default shall be made in the observance or performance of any of the same, it shall be lawful for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. We hand on this their 10th day of August of 1956. WITNESS our hand this 10th day of August of 1956. JAMES E. REAY SHIRLEY A. REAY Executed in presence of James S. STATE OF RHODE ISLAND County of Washington. In Westerly on the 10 day of August of 1956, before me personally appeared the above named James E. Reay and Shirley A. Reay, husband and wife, both to me known and by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument by them the executors executing the foregoing instrument, and they severally acknowledged said instrument by them the executors to be their free act and deed. ADELAIDE E. SMITH (Notarial Seal) Notary Public Received for record August 16th, A. D. 1956 at 11:05 o'clock, a. m., and recorded by [Signature] Town Clerk (FOR DISCHARGE OF ABOVE MORTGAGE SEE BOOK 40, PAGE 186)