5/16/1958 · MORTGAGE · book 36 page 283 doc 5646@36/283

283 Bounded southerly by said Ocean View Avenue. The within described lot is shown and delineated as lot No. 12 on a certain plan or plat entitled, "Plat of Quonno- cutung Highlands, Quonnoquontaug Beach, R. I., property of S. H. Davis, Leon L. Holland, C. R. 100 feet to the inch, February, 1926." Said plat is duly filed in the Land Evidence Records of the Town of Charlestown. The above conveyed premises shall be used as a site for not more than one residence, said residence to be of a class to cost not less than one thousand five hundred ($1,500) dollars and be built in accordance with the restrictions limiting twenty-five (25) feet from Ocean View Avenue on the south. No portion of any house building constructed (pure included) shall approach the side or rear lines of the lot on which the house is situated, nor of any dwelling shall approach the side or rear lines of the lot on which it is located nearer than three feet. All houses shall be of frame, garage or other out buildings buildings shall be of frame, garage or other out buildings shall be of frame, all toilets must be sanitary flush toilets and all toilets and sinks must drain into a septic tank or tanks or suitable sewer. In consideration of the purchase price so it is understood and agreed that the above restrictions and limitations shall apply to and run with the land for a period of twenty years from January 1, 1937. The grantees, his heirs, executors, administrators, assigns, licensees, servants or agents shall have the right in common with others to pass and cross and recross Lot No. 12 on Atlantic Avenue to the beach and the grantees, his heirs, executors, administrators, assigns, licensees, servants or agents shall have the right in common with others to pass and cross and recross a ten foot wide right of way over and across Lot No. 12 and the twelve foot wide right of way leading to said lot, all as shown on that cer- tain plan or plat entitled, "Plat of Ocean View Quonnoquontaug, R. I., property of S. H. Davis, Inc. Land Scale 1 inch equals 100 feet, revised July, 1931." which plat is duly filed in the Land Evidence Records of said Town of Charlestown. IN WITNESS WHEREOF, the said corporation has caused these presents to be duly signed by its President and Treasurer, hereunto duly authorized and the corporate seal to be hereunto affixed at Westerly, Rhode Island, this 14th day of May, 1958. CHARLESTOWN ESTATES, INC. (Corporate Seal) Howard E. Thorp President Nelson H. Thorp Treasurer (DOCUMENTARY STAMP, $1.10) STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 14th day of May, 1958, before me personally appeared Howard E. Thorp, to me known and known by me to be the President of said corporation, and Nelson H. Thorp, to me known and known by me to be the Treasurer of said corporation, and they acknowledged said instrument by them executed to be the free act and deed of said corporation and as well individually. JOAN Z. AURRN (Notarial Seal) Notary Public. Received for record May 15th, A. D. 1958 at 11 o'clock, a. m., and recorded by [signature] Town Clerk ---- KNOW ALL MEN BY THESE PRESENTS: That We, RICHARD E. CURRIE, JR. and DORIS D. CURRIE, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consid- eration of Five Thousand & 00/100 ($5,000.00) 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 its 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 ack- nowledged, 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 even date herewith and bearing the serial number herefollow, the following: Those certain tracts or parcels of land, with the buildings and improvements thereon, situated on the westerly side of the Ross Hill Road, so-called, in the Town of Charles- town, County of Washington and State of Rhode Island, bounded and described as follows:-

284 FIRST TRACT: BEGINNING at a point on the westerly side of the said Ross Hill Road, said point being the southeasterly corner of the premises herein described and the northeasterly corner of the land now or formerly of Car l. Bowder; thence running by the westerly side of the center line of a road- way or passageway known as the John Ross Homestead Road, runningtherly along westerly side of said roadway to a point 100 feet to the southeasterly corner of the parcels herein described; thence turning a right angle and run- ning westerly in a straight line 100 feet, more or less, to the northeasterly corner of the premises herein described; thence in the intersection with other land now or formerly of said Bowder; thence in general a southerly, southeasterly and easterly direction, to a point 100 feet northerly from the line of center of a driveway known as the John Ross Homestead Road as it now is, to the point and place of beginning. SECOND TRACT: BEGINNING at a point on the westerly side of the said Ross Hill Road, said point being the southeasterly corner of the premises herein described and the northeasterly corner of the land now or formerly described, thence running westerly 1100 feet, more or less, along the northerly line of said First Tract to the northeasterly corner of the land now or formerly of Samuel L. formerly of Carl C. Bowder; thence running northerly 100 feet, more or less, to the northeasterly corner of the premises herein described; thence running easterly 1100 feet, more or less, in a line parallel with and on East distance from the first described course of this tract, to the easterly corner of the premises herein described; thence running south easterly to a point on the westerly side of said Ross Hill Road bounded northerly by land now or formerly of said Bowder; thence turning a right angle and running south easterly along the westerly side of said Ross Hill Road 100 feet (to the point and place of beginning) and then returning to the point of beginning. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE: but provided, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper or by posting notices of such sale; 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 mortgagors, the receipts of which are hereby acknowledged, the said statement being recorded in said Land Evidence Book in Book 34, at page 40. Said covenants and agreements are hereby reference made part of this mortgage, and if default shall be made in the perform- ances of any covenant of this mortgage, it shall be power to 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 mortgage all right (down)M(currie) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the parties have executed these presents on the 15th day of May, 1958. Executed in presence of Thomas Cutcliffe RICHARD E. CURRIE, JR DORIS D. CURRIE INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 15th day of May, 1958, before me personally appeared the above named Richard E. Currie, Jr. and Doris D. Currie to me known and by me to be the parties executing the foregoing instrument and acknowledged said instrument by them exe- cuted to be their free act and deed. MARGARET A. SERRA Notary Public Received for record May 16th, A. D. 1958 at 10:22 o'clock, a. m., and recorded by [Signature] Town Clerk DISCHARGE OF MORTGAGE Industrial National Bank of Rhode Island, having received full payment and discharge of the within mortgage, recorded in the (Land Evidence) (Real Estate Mortgages) Records in the Town of Charlestown in Book 36, at page 283, does hereby cancel and discharge the same, and covenants to and with the person owning said payment that it is fully paid and discharged. IN TESTIMONY WHEREOF, said Industrial National Bank of Rhode Island has caused the presents to be signed and its corporate seal to be hereunto affixed by its proper officers or representatives thereunto duly authorized, this 27th day of Aug A. D. 1965 INDUSTRIAL NATIONAL BANK OF RHODE ISLAND (Corporate Seal) By C. Albert Salinder C. Albert Salinder, Manager By Lillian C. Rae Lillian C. Rae, Assistant Manager Witness: Alm N. Rhodes Received for record August 30, 1965 at 2:00 o'clock, p. m., and recorded by [Signature] Town Clerk