1/15/1963 · RELEASE · book 36 page 166 doc 5523@36/166

166 and other fixtures of whatever kind on said premises or thereafter placed thereon prior to the full payment and discharge of this mortgage, situated in the Town of Charlestown, County of Washington, State of Rhode Island, and bounded and described as follows: A certain tract or parcel of land containing one and one-fifth (1 1/5) acre situated on the State Highway, known as the road from Westerly to Word Pond Junction, bounded and described as follows and to wit: Starting at the northeast corner at land of Howard A. Phillips and Lillian R. Phillips; thence running in a northeasterly direction to a stake driven in the ground a distance of three hundred fifty (350) feet thence running westerly to a stake driven in the ground a distance of one hundred fifty (150) feet thence running southerly to a stake driven in the ground a distance of three hundred fifty (350) feet; thence running easterly to a stake driven in the ground a distance of one hundred fifty (150) feet; to a stake driven in the ground a distance of zero feet. Bounded on the north by the State Highway, on the east by land of Howard A. Phillips and Lillian R. Phillips, on the south by land Louis G. Tucker and Eva B. Tucker, on the west by land of John W. South and Pablo E. Smith. Said premises are subject to all obligations of record. Being the same premises conveyed to the mortgagors herein by deed of Louis G. Tucker and Eva B. Tucker, dated June 15, 1936, and recorded in Deeds of Evidence Book 1 of Charlestown, R. I. Book 26, page 590, to which deed reference is made. 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, as specified in notice of such sale. This mortgage is made subject to those additional agreements and covenants contained in said instrument dated November 8, 1957, between the MORTGAGORS of the WASHINGTON TRUST COMPANY executed hereby by the mortgagor, a copy of which has this day been delivered to the mortgagor, the same being situated in the Town of Charlestown, County of Land Evidence Records Book 34 at pages 369, & 370. Said agreements and covenants are by reference made part of this mortgage. It is further agreed that in the event of a default in any of the same, it shall be lawful for the Mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. Executed hereunto our hands this 8th day of November of 1957. WITNESSED our presence in Executed in presence of James W. Shaw CARLTON L. PALMER EDITH K. PALMER STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly, on the 8th day of November 1957, before me personally appeared the above named Carleton L. Palmer and Edith K. Palmer to me known 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. ADELAIDE R. SMITH (Notarial Seal) Notary Public Received for record November 16th, A. D. 1957 at 11:10 o'clock, a. m., and recorded by [?] Town Clerk ---- DISCHARGE OF MORTGAGE THE WASHINGTON TRUST COMPANY, of Westerly, Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records in the Town of Charlestown in Real Estate Mortgage Book "Three" page 166 dated November 16, 1957. IN TESTIMONY WHEREOF, said Company has caused these presents to be signed and its Corporate Seal to be hereunto affixed by Charles C. Ruffan, its Secretary duly authorized, this 12th day of January, A. D. 1963. Signed and sealed in presence of Virginia C. Alciere THE WASHINGTON TRUST COMPANY (Corporate Seal) By Charles C. Ruffan Its Secretary Received for record January 15th, A. D. 1963 at 9:10 o'clock, a. m., and recorded by [?] Town Clerk