The instrument's own words
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620
KNOW ALL MEN BY THESE PRESENTS: That We, ALBERT W. PERRY and MARY M. PERRY, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Three Thousand & 00/100 ($3,000.00) 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 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 hereof, the following:
A certain tract or parcel of land, with the dwelling house and other improvements thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, containing approximately 1.5 acres, more or less, and bounded and described as follows:—
On the north by land now or formerly of Dorcas A. Weaver and land now or formerly of George W. Chaffee; on the east by the State Highway; on the south west by the Town Highway and on the south by both of said Highways.
This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper published in the City of Providence, and that a foreclosure sale may be held upon the premises or elsewhere at the option of the mortgagee, as specified in said notice.
This Mortgage is made subject to those additional covenants and agreements contained 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 Book 16, at page 40. Said covenants and agreements are hereby by reference made part of this mortgage, and if default shall be made in the performance or observance any of the same, it shall be lawful for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE.
And for the consideration aforesaid, we said mortgagors, release to the mortgagees all right of (dower)(a)curtesy, and all other rights, statutory or otherwise, in the aforementioned premises.
IN WITNESS WHEREOF, the parties have executed these presents on the 18th day of February, 1957.
Executed in presence of
Thomas Sutcliffe
Charles F. Trumpetto
ALBERT W. PERRY
MARY M. PERRY
INDIVIDUAL ACKNOWLEDGMENT
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON
In Westerly on the 18th day of February, 1957, before me personally appeared the above named ALBERT W. PERRY and MARY M. PERRY, to me known and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deed.
CHARLES F. TRUMPETTO
Notary Public
Received for record February 19th, A. D. 1957 at 9:50 o'clock, A. M., and recorded by [?] , Town Clerk
INDUSTRIAL NATIONAL BANK of Rhode Island, having received full payment and satisfaction of the debt evidenced recorded in the Land Evidence Records in the Town of Charlestown in Mortgage Book 35 at page 620 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 9th day of March A. D. 1962.
Signed and sealed in presence of
Patricia C. Crowley
INDUSTRIAL NATIONAL BANK
OF RHODE ISLAND (Corporate Seal)
By C. Albert Selbider Manager
Fred Payner Asst. Manager
Received for record March 13th, A. D. 1962 at 10:45 o'clock, a. m., and recorded by [?] , Town Clerk