2/28/1958 · MORTGAGE · book 36 page 237 doc 5594@36/237

237 WE, EVERETT R. GRAICHEN and wife, LUCY GRAICHEN, both of the Town of Charlestown, County of Washington, in the State of Rhode Island for consideration paid, grant to LOUIS S. GRAICHEN and wife, BESSIE W. GRAICHEN, both of the city of Pawtucket, County of Providence, State of Rhode Island, as Joint Tenants, with right of survivorship, and not as Tenants in Common, with WARRANTY COVENANTS excepting the hereinafter mentioned restrictions: Those certain lots or parcels of land situated in the Town of Charlestown in the County of Washington, State of Rhode Island land outlined and designated as Lots Number Fifty-seven (57) and Fifty-eight (58) on that plat entitled, "Replat of Plat of Charles-Worth Section 2, Charles-town R. I. Belonging to EVERETT GRAICHEN AND LUCY GRAICHEN, May 3, 1957, Scale 1 Inch equals 40 Ft. Certified by Clifford S. Stewart Reg. Land Surveyor", and filed with the Recorder of Land Evidence of Charlestown Town Clerk, February 18, 1958, in Plat Book #3. Said lot is conveyed subject to the following restrictions: 1. No trailer, houseboat, Quonset hut, shack, outhouse toilet or any other structure of that kind may be placed on said land. 2. The parcels herein described shall be used for residential purposes only, nor shall signs for advertising purposes be erected, placed or maintained on the premises; provided, however, that until the plans, specifications building and plot plans have been approved in writing by the grantors, their heirs, executors, administrators and assigns or their successors and assigns no house building or other structure shall be at less than 970 square feet, not including plazas, porches, porticos, verandas, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, porches, 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238 Being the same premises conveyed to the mortgagors by deed of Everett R. Graichen and Lucy Graichen, dated February 19th, 1958 and recorded in the Charlestown Land Evidence Records; SUBJECT to restrictions of record. 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 Book 34, 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 of 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 mortgagee all right of (dower)(curtesy) and all other rights, statutory or otherwise, in the aforesaid premises. IN WITNESS WHEREOF, the parties have executed these presents on the 24th day of February, 1958. Executed in presence of Thomas Sutcliffe LOUIS S. GRAICHEN BESSIE W. GRAICHEN INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 24th day of February, 1958, before me personally appeared the above named LOUIS S. GRAICHEN and BESSIE W. GRAICHEN 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. MARGARET A. SERRA Notary Public Received for record February 28th, A. D. 1958 at 9:05 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 Evidence (Real Estate Mortgage) Records is the Town of Charlestown, in Book 36, Page 237 on February 28th, 1958 here by does remise, release and convey to and with the person making said payment that it is the present owner of said mortgage. IN TESTIMONY WHEREOF, said Industrial National Bank of Providence has caused these presents to be signed and its corporate seal to be hereunto affixed by its proper officers or representatives thereunto duly authorized, this 20th day of April A. D. 1961. Witnessed: Heather J. MacDonald INDUSTRIAL NATIONAL BANK OF Providence (Corporate Seal) By C. Albert Selinder Manager (L.S.) By John B. Diliberto Assistant Manager Received for record April 21st, A. D. 1961 at 9:25 o'clock, a. m., and recorded by [Signature] Town Clerk