4/14/1908 · MORTGAGE · book 16 page 93 doc 6326

512 KNOW ALL MEN BY THESE PRESENTS, That We, JOSEPH CYBULSKI and NELLIE M. CYBULSKI, husband and wife, both of the Town of Charlestown in the County of Washington and State of Rhode Island, in consideration of Six hundred Dollars, paid to us by WAKEFIELD SAVINGS FUND AND LOAN ASSOCIATION, a Corporation duly established under the laws of the State of Rhode Island, having its principal office in the Town of South Kingstown, in the County of Wash- ington, and State of Rhode Island, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto the said Corporation, its successors and assigns, a certain tract or parcel of land, with the buildings and other improvements thereon stand- ing, lying and being in said Town of Charlestown, Rhode Island, bound and described as follows: Starting at the northeasterly corner of said tract at land of John J. Burdick and running southerly along the State Highway a distance of 900 feet thence easterly along said State Highway a distance of 235 feet; thence northerly to a road; thence westerly along said road a distance of 215 feet, to land of John J. Burdick; thence southerly along said Burdick land a distance of 113 feet; thence westerly along said Burdick land a distance of 113 feet to the corner first mentioned. Bounded on the north by the State Highway now or formerly of late, said Burdick ex uxor, west by the State Highway and Burdick land, and on the south and east by land of John J. Burdick ex uxor. Being the same land conveyed to the said grantors by Elvis J. Blin Bake and Marguerite B. Baker as their deed dated September 22, 1933 and re- corded in Book 25 Page 363 of the Land Evidence of said Town of Charles- town. TO HAVE AND TO HOLD, the said granted and bargained Premises, with all the privileges and appurtenances to the same belonging, to said grantee, its successors and assigns forever. And we, the said grantors, for ourselves and for our heirs, executors and administrators, do covenant with the said grantee, its successors and assignees, that at and before and the ensnalling hereof we are the true, sole and lawful owners of the above bargained Premises, and are lawfully seized and possessed of the same in our own proper right, good, hot and absolute estate of inheritance in fee simple; and have in our good right, full power and lawful authority to sell and convey the said bargained Premises in manner as aforesaid. And that the said grantee, its successors and assignees, shall and may from time to time, and at all time forever hereafter, by force and virtue of these Presents, lawfully, peaceably and quietly have and enjoy the said Premises, with all the appur- tenances free and clear of all encumbrances, of what name or nature soever, that in any measure or degree obstruct or make void this present deed. Furthermore, we the said grantors, for ourselves and for our heirs, executors and administrators, do covenant and engage the above demised premises to the said grantee, its successors and assigns, against the lawful claims or demands of any person or persons whatsoever, forever to warrant, secure and defend by these Presents. THE CONDITION OF THIS DEED is such, that whereas we have this day pledged and transferred to the said Corporation three (3) Shares of its capital stock, said shares being in the 4th Series, as collateral security, together with the real estate hereby con- veyed, for the performance of the terms, covenants and conditions of this mortgage and of the note hereinafter mentioned, upon which shares said sum of Six hundred ($600.00) Dollars has been advanced to us by said Corporation, now therefore, if we or our heirs, executors, administrators or assigns, shall pay unto the said Corporation, its successors or assigns, the sum of Six ($6.00) Dollars monthly each, and every month therefore, at such times and places as shall be designated by said Corporation, or its successors or assigns, being the amount of the monthly dues on said three (3) shares and of the monthly interest upon said loan or advance of six Hundred Dollars for which said shares are pledged and note and mortgage given, together with all fines chargeable by the By-Laws of said Corporation upon arrears of such payments, until said shares shall reach the ultimate value of two hundred dollars each, or if we or our heirs, executors, administrators or assigns, shall otherwise

513 sooner pay unto said corporation, its successors or assigns, said sum of Six hundred ($600.00) Dollars together with the said interest and fines as aforesaid, to the time of such payment, and until said loan shall be paid or cancelled by the ultimate value of said shares, if we shall pay all taxes and assessments on the granted premises, as they become due, shall keep the buildings thereon insured against fire in a sum not less than Six hundred Dollars for the benefit of the grantee, its successors or assigns, at such insurance office, as it or they shall approve, and shall not commit or suffer any strip or waste of the granted premises, or any breach of any covenant herein first contained, whether in whole or in part, then this deed, as also a note of even date herewith signed, by which we promise to pay to the grantee the said sums at the times aforesaid, shall be void, whether in full and force however, effect. Furthermore, we, the said grantors do hereby constitute and appoint the said Corporation, its successors and assigns, our Attorneys, irrevocable, with full powers of substitution and revocation for us and in our names, or in its or their names at any time, in case of non-payment of the aforesaid monthly due, interest, or fines for the period of three months, after any payment thereof shall be due, or upon any other default in the performance or observance of the foregoing conditions, to sell the granted premises, or such portion thereof as may remain sub- ject to this mortgage, in case of any partial release thereof, together with all improvements that may be thereon, and all benefit and equity of redemption of us or of our representatives therein, at public auction in said Town of Charleston first publishing a notice of the time and place of sale, once each week for three successive weeks, in any newspaper published in said County of Washington, and in its or their name names, or as our Attorney or Attorneys, so make, execute, seal, acknowledge and deliver to the purchaser or purchasers a full and absolute estate in fee simple free such sale shall forever bar us and all persons claiming under us from all right and interest in the granted premises, whether at law or in equity. And on said sale thereof hereby granting unto our said Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such sale months our Attorneys power to continue or adjourn such 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514 STATE OF RHODE ISLAND) County of Washington ) In So. Kingston, on the 17th day of August, A. D. 1934 before me personally appeared Joseph Cybulski and Nellie M. Cybulski to me 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. JOSEPH H. BRIESLEY Notary Public. Received for record August 18th, A. D. 1934 at 4:10 o'clock, p. m., and recorded by [Signature] Town Clk. R.I. DISCHARGE OF MORTGAGE INDUSTRIAL NATIONAL BANK of Rhode Island, having received full payment and satisfaction of a certain Mortgage deed made by JOSEPH CYBULSKI and NELLIE M. to Industrial Trust Company, dated August 17th, 1933 in the amount of Six Hundred and 50/100 ($650.00) Dollars and recorded in the Town of Charlestown, Mortgage Book 208, pg. 205, Page 213, does hereby cancel and discharge the same. And said Industrial National Bank of Rhode Island does hereby covenant to and with the person making said payment that it is the present owner of said mortgage. IN WITNESS WHEREOF, Industrial National Bank of Rhode Island has caused its corporate name and seal to be hereunto affixed by its proper officer(s) thereto duly authorized this 5th day of August, A.D. 1976. INDUSTRIAL NATIONAL BANK of Rhode Island By: ROBERT C. JOHNSTON Official Assistant (CORPORATE SEAL) Received for record September 15th, A.D. 1976 at 11:55 o'clock, A.M. and recorded by [Signature] Deputy Town Clerk