The instrument's own words
page 1 · read by Gemma vision
27
STATUTORY FORM OF MORTGAGE
I, Anne C. Grainger, of the Village of Pawcatuck, Town of Stonington, County of New London and State of Connecticut, for consideration paid, grant to The Stonington Savings and Loan Association, Incorporated, a corporation organized by and under the laws of the State of Connecticut, and having its principal place of business and being located in the Town of Stonington, County of New London and State of Connecticut, with
MORTGAGE COVENANTS
To secure the payment of Five Thousand ($5,000.00) Dollars, with interest at twelve and one-half (12 1/2) per centum per annum, said principal and interest to be paid in equal monthly installments of Fifty-four and 27/100 ($54.27) Dollars each, as provided in a certain negotiable promissory note of even date herewith, which note, with all provisions therein contained, is hereby a part of this mortgage.
That certain lot or parce[l] of land with all buildings and improvements thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, known and delineated as Lot Number Sixteen (16) on that Plat entitled "Section No. 1, SHDY HARSON in Charlestown, R. I., Belonging to Everett Grainger & Sydney Conn. Cliff Road 1 District", dated June 17, 1936, said Plat being filed in the Records of Land Evidence, said Town of Charlestown, in Plat Book No. 2.
Being the same premises conveyed to the Mortgagor by deed of R. Scott P. ett ux, dated February 1, 1957, recorded in the Land Evidence Records of Providence County, Book 35, Page 602, and subject to the restrictions, conditions and privileges therein contained.
This is a construction loan mortgage on buildings and improvements or premises in process of construction or repair, or to be erected or improved hereafter; and it is agreed that the loan shall be paid over to the Mortgagor in installments as the works progress, the time and amount of each advancement to be at the sole discretion of the Association, after satisfactory inspection of the work done; and on the work said discretion and judgment shall be final. When the work is completed and all necessary certificates shall have been completed to the satisfaction of the said Mortgagee, the said Mortgagee shall make the final advancement of the loan, and the Mortgagor agrees to complete the erection or repair of said buildings and improvements within 30 days of the final advancement or a reasonable time from the date thereof or at the latest on or before the last day of August, 1957.
I, Henry B. Grainger, husband of the Mortgagor, Anne C. Grainger, release to the said Mortgagee all my right of curtesy and all other interest in the aforementioned premises.
This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE.
WITNESS OUR HANDS this 17th day of June, 1957.
ANNE C. GRAINGER
HENRY B. GRAINGER
STATE OF CONNECTICUT
COUNTY OF NEW LONDON
In said Stonington, on the 17th day of June, 1957, before me personally appeared Henry B. Grainger and Anne C. Grainger, husband and wife, both known to me and known by me to be the parties executing the foregoing instrument, and they acknowledged said instrument, by them executed, to be their free act and deed.
THOMAS J. CAPALBO
COMMISSIONER OF THE SUPERIOR COURT
Received for record June 20th, A. D. 1957 at 9:05 o'clock, a. m., and recorded by
[Seal]
Town Clerk
----
DISCHARGE OF MORTGAGE
The Stonington Savings & Loan Association, Incorporated having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records in the Town of Charlestown in Mortgage records in Book 36 at page 27, does hereby cancel and discharge the same.
IN TESTIMONY WHEREOF, said Association has caused these Presents to be signed and its Corporate Seal to be hereunto affixed, this 30th, day of November, 1961.
The Stonington Savings & Loan Association, Incorporated (Corporate Seal)
By Nicholas Terrence
Its Secretary
Helene M. Lauria
Its Assistant Secretary
Signed and sealed in presence of
Thomas J. Capalbo
Received for record December 4th, A. D. 1961 at 9:05 o'clock, a. m., and recorded by
Town Clerk
page 2 · read by Gemma vision
28
We, John G. Dorr and Bridget Dorr, husband and wife, Thomas Connolly and Pauleen Connolly, husband and wife, and Kevin Mangan and Kathleen Mangan, husband and wife, all of the City of Providence and State of Rhode Island, for consideration paid, grant to JOHN B. CARPENTER, of the Town of East Providence and State of Rhode Island with MORTGAGE COVENANTS, to secure the payment of TWENTY-FIVE HUNDRED ($2500.00) Dollars in three (3) years with interest at five (5) per centum, per annum, payable semi-annually as provided in a certain negotiable promissory note of oven date herewith.
(Description, and Incumbrances, if any)
Those certain lots of land, with the buildings and improvements thereon, situated on the southerly or southwesterly side of Morley Street, in the Town of Charlestown and State of Rhode Island, laid out and designated as lots numbered 267 (two hundred sixty seven) and 268 (two hundred sixty-eight) on that certain plat entitled "Charlestown by the Sea" Charlestown, R. I. Owned & Developed by Thomas R. Nelly July 25, 1934, E. M. W. Leighton, Civil Engineer New Haven, Conn.," which plat is recorded in the office of the Town Clerk of said Town of Charlestown in Plat Book 2, between pages 14 and 15.
Together with parking privileges on lot near ocean front.
Said premises are conveyed subject to restrictions on said Plat, since modified by an agreement between owners of land on said Plat per deed from Mabel D. Eldred to John B. Eldred, dated September 28, 1951 and recorded in said office in Deed Book 34, page 71.
This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE.
We, said mortgagors, release to the mortgagee all our right of curtesy and dower respectively and all other interest in the aforesaid premises.
WITNESS our hands and seals and seal this 11th day of June 1957.
In presence of:
JOHN G. DORR (SEAL)
THOMAS P. CONNOLLY (SEAL)
BRIDGET DORR (SEAL)
PAULEEN CONNOLLY (SEAL)
KATHLEEN MANGAN (SEAL)
KEVIN MANGAN (SEAL)
STATE OF RHODE ISLAND
COUNTY OF PROVIDENCE
Town Clerk
In Providence on the 11th day of June, 1957 before me personally appeared John G. Dorr, Bridget Dorr, Thomas Connolly, Pauleen Connolly and Kathleen Mangan to me known and by me to be the parties executing the foregoing instrument, and they acknowledged said instrument, I by then executed, to be their free act and deed.
PAUL V. CANTER
Notary Public
STATE OF RHODE ISLAND
COUNTY OF PROVIDENCE
In Providence on the 18th day of June 1957 before me personally appeared Kevin Mangan to me known and by me to be the party executing the foregoing instrument, and he acknowledged said instrument, by him executed to be his free act and deed.
PAUL V. CANTER
Notary Public
Received for record June 20th, A. D. 1957 at 11:18 o'clock, a. m., and recorded by [?]
Town Clerk
Discharge of mortgage received for record July 16th, A. D. 1962 at 9:45 o'clock, a. m., and recorded by [?]
We, Fred B. Perkins, William E. McCabe and Rhode Island Hospital Trust Company in Providence, as Executors of the will of John B. Carpenter, having received full payment and satisfaction of the within mortgage recorded in the Records of Town of Charlestown, State of Rhode Island in Mortgage Book 36, at page 28 do hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Fred B. Perkins and William E. McCabe, Attorneys at office of said Hospital Trust Company, and the said Rhode Island Hospital Trust Company has caused the se presents to be signed and its corporate seal to be hereunto affixed by its Vice President duly authorized this 11th day of March, A. D. 1962.
Signed and Sealed in presence of:
FRED B. PERKINS (SEAL) Executors of the
WILLIAM E. MCCABE (SEAL) will of John B. Carpenter
Rhode Island Hospital Trust Company (L. S.)
By: E. R. Carpenter Vice President
O. E. Stone