2/9/1957 · MORTGAGE · book 35 page 614 doc 5237@35/614

614 KNOW ALL MEN by THESE PRESENTS: That We, IRVING HAROLD CRANDALL and ARLENE BLIVEN CRANDALL, husband & wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Three Thousand Five Hundred & 00/100 ($3,500.00) 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 LOANCOVEY 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 note, the following: Those two certain lots or parcels of land together with the buildings and other improvements thereon situated, in the Town of Charlestown, County of Washington in the State of Rhode Island, more or less described as follows:— Being Lots Number Four (4) and Five (5) on that plat entitled, "Section No. 1, Shady Harbor in Charlestown, R. I." belonging to Everett S. Ruggles & Sydney Cohn, Clifford, Issuer, and recorded in the town office June 19, 1936, a record copy of said plat is recorded in Plat Book No. 2 of the Charlestown Land Evidence Records. Being the same premises conveyed to the mortgagors by the deeds of Everett S. Ruggles and Sydney Cohn, dated November 20, 1936, and December 10, 1936, recorded in Book 30, page 488 and Book 31, page 16, respectively, of the Land Evidence Records of said Town of Charlestown. This mortgage is made subject to the STATUTORY CONDITIONS and with the STATUTORY POWER OF SALE; provided, however, that the giving of notice of a foreclosure sale may be made alternatively by registered mail, however the same be published in the City of Providence and that a foreclosure sale may be made from the Town of Charlestown, Rhode Island, by the mortgagee, at a time and place specified in said notice. This mortgage is made subject to those additional covenants and agreements in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagor, the receipt whereof is hereby acknowledged, the exact terms of which are on record in said Charlestown Land Evidence Records. If the mortgagors shall fail in the performance or non-performance by reference made part of this mortgage, and if default shall be made in the performance or observance of any of the terms of said Statement of Covenants and Agreements, the mortgagee shall sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we, said mortgagors, release to the mortgagor all right of (dower(s)&curtilage) and all other rights, statutory or otherwise, in the aforesaid premises. IN WITNESS WHEREOF, the parties have executed these presents on the 7th day of February, 1957. Executed in presence of Thomas Gutcliffe IRVING HAROLD CRANDALL ARLENE BLIVEN CRANDALL INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 9th day of February, 1957, before me personally appeared the above named IRVING HAROLD CRANDALL and ARLENE BLIVEN CRANDALL to me known and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by them to be executed to be their free act and deed. BARBARA L. BRIGGS Notary Public Received for record February 9th, A. D. 1957 at 9:37 o'clock, a. m., and recorded by Town Clerk Industrial National Bank of Rhode Island, 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 614 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 Proper Officers duly authorized, this 26th day of October A. D. 1962. Signed and sealed in presence of Patricia M. Crowley INDUSTRIAL NATIONAL BANK OF RHODE ISLAND (L. S.) By: C. Albert Seldinger Manager Fred Moore Asst. Manager Received for record October 31st, A. D. 1962 at 2:15 o'clock, pm R. I., and recorded by Town Clerk