10/13/1956 · MORTGAGE · book 35 page 503 doc 5129@35/503

503 I, JAMES H. FLETCHER, of the Town of Westerly, in the County of Washington and State of Rhode Island, for consideration paid, grant to myself, the said JAMES H. FLETCHER, and to my wife, JOYCE B. FLETCHER, as Joint Tenants with the right of survivorship, with WARRANTY COVENANTS (Description, and Incumbrances, if any) That certain lot or parcel of land situated in the Town of Charlestown, in the County of Washington and State of Rhode Island, bounded and described as follows: Lot Numbered Twenty-three (23) on that Plat entitled "Section No. 1 SHADY HARBOR in Charlestown, R. I. Belonging to Everett R. Graichen & Sydney Cohn. Clifford R. Stewart, Surveyor, May, 1940. Revised June 17, 1949", which said plat is recorded in Book No. 3, page 10 of the Land Evidence Records of the said Town of Charlestown. Being the same piece of land conveyed to James H. Fletcher by Everett R. Graichen et al by a deed dated March 14, 1952 recorded in Book 33 page 23 of the said Charlestown Land Records, and subject to the restrictions set forth in said deed. The consideration of this deed is such that no documentary stamps are required. hand this 11th day of October 1956. WITNESS my hand and delivered Signed, sealed and delivered in presence of: Henry Harris Harriet W. Richland JAMES H. FLETCHER (SEAL) STATE OF CONNECTICUT ) ) County of New London ) In Pawcatuck on the 11th day of October, 1956 before me personally appeared JAMES H. FLETCHER, to me known and by me to be the party executing the Foregoing instrument, and acknowledged said instrument, by him executed, to be his free act and deed. HENRY HARRIS (Notarial Seal) Notary Public Received for record October 13th, A. D. 1956 at 9:30 o'clock, a. m., and recorded by [Signature] Town Clerk ---- MORTGAGE DEED We, JAMES H. FLETCHER and JOYCE B. FLETCHER, husband and wife, both of the Town of Westerly, in the County of Washington and State of Rhode Island, hereinafter called the mortgagors, for con- sideration 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 Eight Thousand ($8000.00) Dollars, with interest thereon at the rate of 5% per annum as specified in a certain negotiable promissory note of the mortgagors, of the above event date, headway and said principal and interest being payable in 240 monthly installments of Fifty-two and 80/100 ($52.80)each on the Eleventh (11th) day of each successive month commencing November 11th, 1957 monthly payments prior to that date being limited to interest only, until said principal and interest are paid in full, 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 hereafterappertaining, 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, bounded and described as follows: Lot Numbered Twenty-three (23) on that Plat entitled "Section No. 1 SHADY HARBOR in Charlestown, R. I. Belonging to Everett Graichen & Sydney Cohn. Clifford R.

504 Stewart, Surveyor, May 1949, Revised June 17, 1949", which said Plat is recorded in Plat Book No. 3, page 10 in the Land Records of the said Town of Charlestown. Being the premises described in a deed to said James H. and Joyce B. Fletcher from James H. Fletcher, dated October 11, 1956, to be herewith referred to in the Land Evidence Records of said Town of Charlestown. This is a construction loan mortgage, the mortgagors having applied to the mortgagee for a loan of $ 7,000.00 to be secured by a mortgage on the above described premises upon which a building and other improvements are in the process of construction. The sum of $ 5,000.00 is to be advanced and paid over to said mortgagors at the time of the execution and delivery and of this deed, the receipt whereof is hereby acknowledged by the mortgagors, the balance to be paid according to the schedule of payments over to said mortgagors in installments under the rules and regulations of the mortgage, as the work on said building progresses. 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 at any time after a default. This mortgage is made subject to those additional agreements and covenants contained in that instrument entitled ADDITIONAL COVENANTS OF MORTGAGORS OF WESTERLY SAVINGS FUND AND LOAN ASSOCIATION executed by the mortgagors as mortgagors any copy of which has the said LOAN ASSOCIATION executed and delivered to the mortgagors, the exact terms of which are on record said Town of Charlestown, in Land Evidence book 35, page 503. Said additional covenants Charlestown, in Land Evidence book 35, page 503 are hereby made a part of this mortgage, and if default shall be made in the observance or performance of any of the same the mortgagee may foreclose the same as if the above described premises provided for the STATUTORY POWER OF SALE. And for and the consideration aforesaid, we, the said mortgagors, release to the mortgagee all our right and dower of curtesy and all other rights, statutory or otherwise, in the aforesaid premises. WITNESS our hands and seals this 11th day of October, 1956. Executed in presence of: Henry R. [?] Harriet W. Prichard JAMES H. FLETCHER (SEAL) JOYCE B. FLETCHER (SEAL) STATE OF CONNECTICUT County of New London In the Town of Stonington on the 11th day of October, 1956, before me personally appeared the above named JAMES H. FLETCHER, and JOYCE B. FLETCHER, to be known and known by me to be the parties executing the foregoing instruments, and they acknowledged said instrument by them executed to be their free act and deed. HENRY HARRIS (Notarial Seal) Notary Public Received for record October 13th, A. D. 1956 at 9:31 o'clock, a. m., and recorded by [Signature] Town Clerk ---- DISCHARGE OF MORTGAGE THE WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, of Westerly, Rhode Island, having received full payment and satisfaction of that certain mortgage, recorded in the Land Evidence Records in the Town of Charlestown, R. I. in Real Estate Mortgage book 35, page 503, does hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Association has caused the presents to be signed and its Corporate Seal to be hereunto affixed by A. Amelia Peckham Its Treasurer duly authorized, this 1st day of December, A. D. 1965. Signed and sealed in presence of: James J. Morrison WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (Corporate Seal) By A. Amelia Peckham Its Treasurer Received for record December 1st, A. D. 1965 at 2:31 o'clock, p. m., and recorded by [Signature] Town Clerk