9/3/1957 · MORTGAGE · book 36 page 99 doc 5446@36/99

99 /1 We, JOHN W. HOLLOWAY and wife CECELIA M. HOLLOWAY, of Charlestown, in the State of Rhode Island, for consideration paid, grant to ROGER WILLIAMS SAVINGS AND LOAN ASSOCIATION, a Rhode Island Corporation, located in the City of Providence in said State, with MORTGAGE COVENANTS, to secure the payment of Six Thousand Five Hundred and 00/100 ($6,500.00), with interest thereon, principal and interest being payable in monthly installments, all as provided in a certain promissory note of even date herewith, and also to secure the performance and observance of all covenants and agreements herein contained, That certain real estate, together with all buildings and improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereunto belonging or in any wise now or hereafter appertaining, the rents, issues and profits thereof, and all plumbing, heating, lighting and other fixtures, equipment and articles now or hereafter attached thereto, situated in the Town of Charlestown, in the State of Rhode Island and bounded and described as follows: Beginning at a stone bound on the westerly line of East Beach Road but to the northeasterly corner of Lot no. 1 on a "Phody's Plat" in Charlestown, R.I. running Southly 80 feet, Surveyed September 1930, by Leon L. Lloyd, Civil Engineer^1st thence easterly bounding southerly by said lot on said plat 137.30 feet to land of John W. Holloway and wife, thence northerly, turning an interior angle of 59° 13' 30" W with the last described line, a distance of 80 feet to East Beach Road, thence in the ground, thence running easterly boundary 140 feet, more or less, to East Beach Road, bounding northerly by land, now or formerly of Bertram D. [?] and wife, thence running southerly bounding easterly on said lot to East Beach Road 80 feet to the point and place of beginning. Together with a right of way for highway purposes as appurtenant to the above described land over or across a street or way as delineated on said plat leading from East Beach Road to Charlestown Pond. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE, provided, however, that a foreclosure sale under the STATUTORY POWER OF SALE may be demanded on the premises or elsewhere at the option of ROGER WILLIAMS SAVINGS AND LOAN ASSOCIATION. And We, the said mortgagors, for our selves and for our heirs, executors, administrators and assigns, covenant and agree with the mortgage and its successors and assigns to maintain all buildings upon said premises in good repair and not to cause or permit waste or the demolition or removal of any of said buildings and to permit the mortgage and its successors and assigns and its their officers and agents to enter upon said premises at all reasonable times to inspect the same, and this mortgage is made upon the further condition that this covenant shall be kept and performed and if default shall be made in the performance or observation thereof then it shall be lawful for the mortgagees to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid We, John W. Holloway and wife Cecelia M. Holloway, do hereby release all our rights of curtesy and dower and all other rights, statutory or otherwise, in the aforementioned premises. WITNESS our hands this 30 day of August, 1957. Executed in presence of JOHN W. HOLLOWAY CECELIA M. HOLLOWAY STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Wakefield on the 30 day of August A. D., 1957, before me personally appeared John W. Holloway and Cecelia M. Holloway, to me known and by me known to be the parties executing the foregoing instrument and they acknowledged said instrument, by them executed, to be their free act and deed. PATRICIA A. PIERCE Notary Public Received for record September 3rd, A. D. 1957 at 10:55 o'clock, a. m., and recorded by [Signature] Town Clerk (SEE PAGE 100, FOR DISCHARGE OF ABOVE MORTGAGE)