3/28/1961 · RELEASE · book 37 page 79 doc 6260@37/79

79 MORTGAGE DEED (Statutory Form) KNOW ALL MEN BY THESE PRESENTS, That, We RUSSELL SPEARS and GRACE SPEARS, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, for consideration paid, grant to WESTERLY COMMUNITY CREDIT UNION, a corporation legally created and having a place of business in the Town of Westerly, County of Washington and State of Rhode Island, WITH MORTGAGE COVENANTS, to secure the payment of ONE THOUSAND EIGHT HUNDRED and no 00/100 ($1,800.00) Dollars in three (3) years with interest at one (1%) per centum per month, and payable monthly as provided in a certain promissory note of eve date herewith. That certain parcel or tract of land, together with all the buildings and improvements thereon situated in the Town of Charlestown, County of Washington, State of Rhode Island and bounded and described as follows: beginning at a stone bound set in the ground on the southerly side of the Town highway leading from Westerly to North Kingstown and known as "Kings Ferry Road", thence running North 41° east, bounded easterly by land now or formerly of Abbie J. Johnson to "Pump House" fence; thence running North 11° east, bounded easterly by land now or formerly of said Abbie J. Johnson to "stone bound"; thence running westerly bounded northerly by land now or formerly of George C. Spears to Kings Factory Road, thence southerly along said Kings Factory Road to "stone bound"; thence running easterly bounded northerly by land now or formerly of George C. Spears to "stone bound"; thence southerly bounded easterly by some old said burial ground; thence running southerly along the westerly side of the highway thence easterly bounded southerly by said highway to the point of beginning and thence. Being the westerly half of the tract of the land shown, delineated and identified by the name "Othniel Wilson", on that certain map or plat entitled "Map of the Town of Charlestown, Rhode Island, Charlestown Clerk", filed in the Town Clerk's Office of the Town of Charlestown, Rhode Island on May 21, 1882. Excepting from the above tract of land those lots which were conveyed to Map T. Patterson or May T. Patterson or May T. Somers; Gorg E. Babington and his wife; Harry B. Johnson and wife; and Gordon Johnson and wife. Being the premises provided by deed May 3, Johnson to Russell Spears and Grace Spears, of Charlestown, Rhode Island, as joint tenants, by will admitted to probate on February 2, 1955, as appears in the Probate Records of the Town of Charlestown, in book 11, page 71. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. WITNESS our hands this 26th day of October, 1959. In presence of: Carole J. Platt RUSSELL G. SPEARS Russell Spears GRACE SPEARS Grace Spears STATE OF RHODE ISLAND, etc.) COUNTY OF WASHINGTON) In Westerly on the 26th day of October, 1959, before me personally appeared Russell Spears and Grace Spears to me known and known by me to be the parties executing the foregoing instrument, and they acknowledged said instrument to be, by them executed, to be their free act and deed. JOSEPH HENRY Notary Public Received for record October 28th, A. D. 1959 at 9:21 o'clock, a. m., and recorded by [Signature] Town Clerk ---- DISCHARGE OF MORTGAGE Westerly Community Credit Union, having received full payment and satisfaction of the promissory note secured by the mortgage of Russell Spears and Grace Spears to Westerly Community Credit Union dated October 26, 1959 and recorded in the Town of Charlestown, Rhode Island land evidence book 37, page 79, hereby cancels and discharges the same. And covenants and to witness that the payer of it is the present owner of said mortgage. IN WITNESS WHEREOF Westerly Community Credit Union has caused these presents to be signed and its corporate seal to be hereunto affixed by its proper officer or representative thereto duly authorized, this 24th day of March, 1961. WESTERLY COMMUNITY CREDIT UNION (Corporate Seal) By Denis R. McDonald Treasurer Recorded March 28th, A. D. 1961 at 9:17 o'clock, a. m., by [Signature] Town Clerk ---- AFFIDAVIT STATE OF RHODE ISLAND COUNTY OF WASHINGTON KNOW ALL MEN BY THESE PRESENTS, That, We Grace Spears and Russell Spears, husband and wife, of Charlestown, Rhode Island, being duly sworn, depose and say, That we personally know Charles E. Johnson, late of the Town of Charlestown, widower of Mary B. Johnson, late of said Town of Charlestown, that said Charles E. Johnson died on January 30, 1953 at the age of 86 years, late of said Town of Charlestown, that said Charles E. Johnson lived with us ever since the death of Mary B. Johnson on January 5, another 7 days; that said Charles E. Johnson could neither read nor write and was not of sound mind to execute a last will and testament; that said Charles E. Johnson seems to have intended to dispose of his property in any manner attempted to execute the testamentary power of said Charles E. Johnson several times but was unable to do so; that on October 28, 1950, as appeared appointment in his visit med by Mary B. Johnson by her last Will and Testament, in Probate Book 11, page 71. [Signature] Grace Spears [Signature] RUSSELL SPEARS Russell Spears