12/23/1957 · MORTGAGE · book 36 page 197 doc 5556@36/197

197 KNOW ALL MEN BY THESE PRESENTS: That We, CYRIL G. ROBERTS and HELEN E. ROBERTS, husband and wife, of Westerly, Rhode Island, hereinafter called the "mortgagors" in consideration of Twelve Thousand & 00/100 ($12,000.00) 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 her 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 an even date herewith and bearing the serial number hereof, the following: A certain tract or parcel of land, containing seven (7) acres, more or less, together with the dwelling house and other improvements thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, bounded as follows: bounded easterly as follows: BEGINNING at the southeast corner of said tract at the southeast corner of land now or formerly of Charles Burdick on the Burdickville Road, se-southward, then extends easterly, then northerly bounded westerly by said Burdick land about 265 feet, more or less, to a stone wall, thence easterly following said stone wall, more or less 100 feet, then northerly in said wall, thence easterly bounding northerly by land of Harriet Estibalet Bigelow, thence northwesterly in said wall following said wall to another wall and bounded westerly by said Harriet Estibalet Bigelow, thence northerly in said wall to the end of last mentioned stone wall to the end thereof, and still continuing said course to the Wood River Junction Road, bounded northerly by said Road, then easterly in said Road to the corner of land now or formerly bounded easterly by said Wood River Junction Road about 400 feet, more or less, to a corner of a said lot in the Burdickville Road, then southerly bounded southerly by said Burdickville Road to the place of beginning. Being the same premises conveyed to the mortgagors by the deed of Harriet Estibalet Bigelow, recorded in the Charlestown Land Evidence Record Copy of the 1936-1965 era, in an assessment book, page [?] gansett Electronic Copy of record. This mortgage is made upon the subject premises WITH POWER OF SALE and with the STATUTORY POWER OF SALE; provided, however, that a judicial sale of the property or a foreclosure sale may be made alternatively in a newspaper of general circulation 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 note. This mortgage is made subject to those additional covenants and agreements contained in a STATUTORY FORM OF MORTGAGE, and the provisions of a foreclosure sale may be made by the mortgagee, the receipt whereof is hereby acknowledged, the exact terms of which are on record in said Charlestown in Book 36, page 197, and the mortgagors do hereby agree that said form shall be part of this mortgage, and if default shall be made in the performance or observance of any of the covenants contained herein, the mortgagee shall have the above described premises pursuant to SAID STATUTORY POWER OF SALE. And for the consideration aforesaid, we, said mortgagors, release to the mortgagee, all Right of ownership(s) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the parties have executed these presents on the 20th day of December, 1957. CYRIL G. ROBERTS HELEN E. ROBERTS Executed in presence of: Harold B. Soloveitzik INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTONto In Westerly on the 20th day of December, 1957, before me personally appeared the above named CYRIL G. ROBERTS and HELEN E. ROBERTS 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. HANOLD B. SOLOVEITZIK Notary Public Received for record December 23rd, A. D. 1957 at 11:01 o'clock, a. m., and recorded by [Signature] Town Clerk ---- Discharge of Mortgage Industrial National Bank of Providence, having received full payment and satisfaction of the within mortgage, recorded in the (Land Evidences)(Real Estate Mortgage Records) in the Town of Charlestown, in Mortgage Book 36, page 197, does hereby cancel and discharge the same, and its covenants and its terms with the person signing said payment that it is the present. IN TESTIMONY HEREOF, said Industrial National Bank of Providence has caused these presents to be signed and its corporate seal hereunto affixed by its proper officers or representatives thereto duly authorized, this 11th day of May A.D. 1972. INDUSTRIAL NATIONAL BANK of Providence Rhode Island By Lillian C. Rae Lillian C. Rae, Manager Witness: Alma N. Rhodes Received for record, May 30th, A.D. 1972 at 11:20 o'clock a.m., and recorded by [Signature] Deputy Town Clerk