5/12/1958 · MORTGAGE · book 36 page 279 doc 5640@36/279

279 KNOW ALL MEN BY THESE PRESENTS, That STEPHEN ZEGA and GERTRUDE E. ZEGA, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island (hereinafter called the "mortgagor(s)") in consideration of FORTY-TWO HUNDRED (4200) DOLLARS to them paid by PLANTATIONS BANK OF RHODE ISLAND, a banking corporation legally incorporated and established under the laws of the State of Rhode Island, and having its principal place of business in the City and County of Providence in said State, (hereinafter called the "mortgagee,") the receipt whereof is hereby acknowledged, do hereby grant to the said mortgagees, 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(s) of an even date herewith, the following described real estate: That certain tract or parcel of land, with a dwelling house and other improvements thereon, situated in the Town of Charlestown, County of Washington, and bounded as follows, to wit: Bounding at a point on the southerly side of the Town Highway, known as "Old Depot Bound," at a stone bound marking the southeasterly corner of the premises here described; thence running westerly, thence running southwesterly a few feet or less to the southwesterly corner of One Hundred seventy-five feet; thence running southwesterly said town highway, thence running southeasterly to the waters of Golter W. Bolt; thence running northerly bounded thence northerly bounded by the land of the heirs of Elizabeth and James Rock, marking the southeasterly corner of land of Hanna Martilla Wintner; thence running easterly, bounded northerly by said Martilla land until reaching a stone bound (154) feet more, thence running southerly, bounded easterly by said land or formerly of Edwin J. Sweet et ux; thence southerly, bounded easterly by said Sweet land until reaching a stone bound (179) feet, thence running northerly, to the point of beginning; or however otherwise the same may be bounded or described. Being the same premises conveyed to the mortgagees by deed of Frank E. Sweet et ux, dated August 11, 1949, and recorded in Charlestown, Rhode Island land evidence Book 26 page 607 and the same premises conveyed to the mortgagees by Grantor G. Bolt by deed of the mortgagors dated May 9, 1958, and recorded in said Charlestown Book 34 page 47 et seq. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE provided, however, that notice of sale shall be given in such manner and in such time as in the option of the mortgagee, be published either as provided in and by said STATUTORY POWER OF SALE or in some newspaper published in the City and County of Providence in the State of Rhode Island, and the location of the mortgage be held either upon the premises or elsewhere as specified in said Note. This mortgage is made subject to those additional covenants and agreements contained in an instrument, entitled "ADDITIONAL COVENANTS TO MORTGAGE PLANTATIONS BANK OF RHODE ISLAND," a copy hereof being this date delivered by the mortgagor(s) (the receipt whereof is hereby acknowledged, and the text of which appears as an exhibit attached hereto and made a part hereof by this reference) said additional covenants and agreements are hereby incorporated in this mortgage by this reference and that said instrument is hereby made a part of this mortgage by reference and that said reference shall be as full and complete for the purpose of the mortgage as if the same were set forth at length for the mortgage to sell the above described property pursuant to said STATUTORY POWER OF SALE as supplemented by this instrument. And the consideration aforesaid, said mortgagors, interchangeably in the estates of each other do hereby release all their rights of dower(s) and curtesy in and to the said granted premises unto the said mortgagees, its successors and assigns forever. IN WITNESS WHEREOF, they have hereunto set their hands and seals this Ninth (9th) day of May in the year of our Lord one thousand nine hundred and fifty-eight. STEPHEN ZEGA (SEAL) GERTRUDE E. ZEGA (SEAL) Executed in presence of Hilton A. Bence John M. Dunn INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Town of Westerly on the 9th day of May, 1958, before me personally appeared the above named Stephen Zega and Gertrude E. Zega, husband and wife, both 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. JOHN M. DUNN Notary Public Received for record May 12th, A. D. 1958 at 2:55 o'clock, p. m., and recorded by [?] Town Clerk ---- Plantations Bank of Rhode Island, having received full payment and satisfaction of the within mortgage recorded in the Land Evidence Records in the town of "Charlestown Rhode Island Book 36 page 279" does hereby cancel and discharge the same. And the company hereby certifies that the above mentioned mortgage was executed by its Vice Pres., William B. Lloyd and Asst. Vice Pres., Hilton A. Bence, Authorized, this 24th day of June, A. D. 1963. Signed and sealed in presence of Louise O'Neil PLANTATIONS BANK OF RHODE ISLAND (Corporate Seal) By William B. Lloyd William B. Lloyd, Vice President Hilton A. Bence Hilton A. Bence, Assistant Vice President Received for record June 26th, A. D. 1963 at 9:05 o'clock, a. m., and recorded by [?] Town Clerk