3/29/1965 · RELEASE · book 36 page 523 doc 5936@36/523

523 MORTGAGE DEED We, ALBERT J. MCFARLAND and MATHILDE A. MCFARLAND, husband and wife, both of the town of Charlestown, County of Washington and State of Rhode Island, formerly of the Town of Westerly in said County and State, hereinafter called the mortgagors, for consideration paid, grant to WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, a corporation created by Act of the General Assembly of the State of Rhode Island, located and having its principal office and place of business in the Town of Westerly, County of Washington and State of Rhode Island, hereinafter called the mortgagee, with MORTGAGE COVENANTS, to secure the payment of Forty-seven hundred ($\$4,700.00$) Dollars, with interest thereon at the rate of 5.5% per annum as specified in certain negotiable promissory note of the mortgagors, of even date herewith, said principal and interest being payable in 144 monthly installments of Forty-four and 64/100 ($\$44.64$) Dollars each on the Sixth (6th) day of each successive month commencing March 6th, 1959 until said principal and interest are paid in full, all as provided in the said note, the following described land, together with all buildings and improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereunto belonging or in any way now or hereafter appertaining, and together with and including as part of the realty, all heating and air-conditioning apparatus, plumbing, stoves, doors and windows in cure, gas, oil and electric fixtures, screens, screens doors, awnings, and other fixtures of whatever kind on said premises or hereafter placed thereon prior to the full payment and discharge of this mortgage, situated in the said Town of Charlestown, Rhode Island, on the north side of the Old Port Road, bounded and described as follows: beginning at a stone wall s the southeast corner of the premise herein conveyed and the southeast corner of land of Eugene R. Saperstein, at you [?], thence running northerly a distance of 280 feet, more or less, or by deed, with said stone wall and the continuation thereof, to a point bounded easterly on said Henry S. Briggman, et ux; thence running easterly a distance of 131 feet, more or less, bounded easterly on said Henry S. Briggman, et ux; thence running easterly a distance of 131 feet, more or less, or by deed, with said stone wall and the continuation thereof, to a point bounded easterly on land of Eugene R. Saperstein, formerly of land of Eugene R. Saperstein, or one Hamilton; thence running easterly in a southerly direction a distance of 295 feet, more or less, bounded easterly on said land; thence running southerly a distance of 150 feet, more or less, bounded easterly on Old Port Road, to a point; thence westerly a distance of 160 feet, more or less, bounded southerly on said Old Port Road, to the point and the place of beginning, or however said land may be bounded or described. Being the same premises previously conveyed to said Albert J. and Mathilde A. McFarland by Charles S. Briggman by a deed dated November 27, 1959, and recorded in the Land Evidence Records of said Town of Charlestown in Book 36 page 523. This mortgage is made upon the conditions STATUTE POWER OF SALE; provided, however, that a full conveyance of the land will be made on payment or release at or before the amortization of the mortgage, as specified in the notice of such sale. This mortgage is subject to made additional terms and expenses covenants contained in that instrument designated ADDITIONAL COVENANTS OF MORTGAGE of WESTERLY SAVINGS FUND AND LOAN ASSOCIATION executed hereby the mortgagors, a copy of which has this day been received by the mortgagors the exact terms of which are known on receipt of said instrument by the mortgagors, and the mortgagors hereby acknowledge said instrument to be by reference made part of this mortgage, and if default shall be made in the observance or performance of any of the same, it shall be lawful for the mortgagees to sell the above described premises pursuant to said STATUTE POWER OF SALE. And for the consideration aforesaid, we, the said mortgagors, release to the mortgagees all our right of dower and curtesy and all otherrights, statutory or otherwise, in the aforementioned premises. Witness our hands and seals this 6th day of February 1959. Executed in presence of Richard F. Lenihan ALBERT J. MCFARLAND (SEAL) MATHILDE A. MCFARLAND (SEAL) STATE OF RHODE ISLAND COUNTY OF WASHINGTON In the Town of Westerly on the 6th day of February, 1959, before me personally appeared the above named ALBERT J. MCFARLAND and MATHILDE A. MCFARLAND to be 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. RICHARD F. LENIHAN Notary Public Received for record February 9th, A. D. 1959 at 9:11 o'clock, a. m., and recorded by [Signature] Town Clerk ---- DISCHARGE of MORTGAGE THE WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, 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, R. I., in Real Estate Mortgage Book 36 Page 523 does hereby cancel and discharge the same. IN TESTIMONY WHEREOF, said Association has caused these presents to be signed and its Corporate Seal to be hereunto affixed by L. Amelio Paolino its Treasurer solely for this purpose, this 26th day of March, A. D. 1965. Signed and sealed in presence of: Marjorie A. Cruickshank WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (Corporate Seal) by L. Amelio Paolino Received for record March 29th, A. D. 1965 at 9:40 o'clock, a. m., and recorded by [Signature] Town Clerk