The instrument's own words
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207
KNOW ALL MEN BY THESE PRESENTS, That we, CLIFFORD E. VALE and MARGARET R. VALE, his wife, of the City
of Warwick in the State of Rhode Island, (hereinafter called the "mortgagor(s)") in consideration of NINE
THOUSAND (9000) DOLLARS, to be paid by PEOPLE'S SAVINGS BANK IN PROVIDENCE, a mutual savings bank legally in-
corporated 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 unto the said mortgagee, its successors and assigns, forever, with MORTGAGE
COVENANTS, to secure the payment of the principal and of a certain interest of any and all other present and future indebted-
nesses and obligations, primary or contingent, direct or indirect, secured or unsecured, of the mortgagor(s) and/
or other person(s) liable on said note and of the successor(s), if any, in the title to the manner hereinbefore described
premises, or any of them, to the mortgagees, its successors or assigns, in accordance with the time and manner
of payment and/or performance of said indebtedness and obligations, the following described real estate:
That certain tract or parcel of land, with all the buildings and improvements thereunto attached, situated
on the northerly side of Summons Rhode road, in the Town, Corporation, County of Charlestown,
Washington and State of Rhode Island, bounded and described as follows:
Southerly on a highway; easterly on a highway; easterly on a highway, easterly, partly
on land now or formerly the property of the heirs of Harry Burdick, partly on land now or formerly of Benjamin
Burdick, partly on the land formerly of Eunice Burdick and southerly on the other land of said Charles
Burdick.
Together with all heating equipment, gas equipment and electrical fixtures and equipment, curtains and window shades
and doors and doorframes section and storm windows and doors now or hereafter attached to, or used in connection
with, the above-described premises and buildings, which shall be and remain and form part of the realty and be
covered to the obey limit of this mortgage.
This mortgage is made upon the STATUTE CONDITION and with the STATUTORY POWER OF SALE, provided, however,
that not with the aid of the statute but by the mortgagee sole may the at option of the mortgagees publish the entered
as provided in and by said STATUTORY POWER OF SALE or in some newspaper published in the City of Providence, State
of Rhode Island, and that the time of redemption shall be held to be the same as is provided in the said statute or
otherwise as specified in said notice.
This mortgage is made subject to those additional covenants and agreements contained in an instrument
entitled AUTHORIZATION AND CONVEYANCE OF MORTGAGE OF PEOPLE'S SAVINGS BANK IN PROVIDENCE," a copy thereof having
this day been delivered by the mortgagor(s), the receipt whereof is hereby acknowledged, and the exact terms of
said agreement are hereby made a part of this mortgage by reference and it is agreed that in event of default shall be
additional covenants and agreements are hereby made a part of this mortgage by reference and if default shall be
made in the performance of any of the covenants herein contained, it shall be lawful for the mortgagee(s) to exercise
to sell the above described premises pursuant to said STATUTORY POWER OF SALE as supplemented by this instrument.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 8th day of April in the year of our Lord
one thousand nine hundred and sixty (1960)
Executed in presence of
John W. Steere
CLIFFORD E. VALE (SEAL)
MARGARET R. VALE (SEAL)
STATE OF RHODE ISLAND }
COUNTY OF WASHINGTON }
In Westerly on the 8th day of April A. D. 1960 before me personally appeared the above named mortgagor(s)
CLIFFORD E. VALE and MARGARET R. VALE, his wife, to me known, and known to me to be the parties executing the
foregoing instrument, and acknowledged said instrument, to be their free act and deed.
JOHN W. STEERE
Notary Public
Received for record April 15th, A. D. 1960 at 10:17 o'clock, a. m., and recorded by
[Signature]
Town Clerk
PEOPLE'S SAVINGS BANK IN PROVIDENCE, having received full payment and satisfaction of the within mortgage,
recorded in the Land Records of Charlestown, Rhode Island in Evidence Book 37 at page 207 does hereby cancel and
discharge the same.
IN TESTIMONY WHEREOF, said Bank has caused these presents to be signed and its Corporate Seal to be hereunto
affixed by the Assistant Secretary thereof, duly authorized, this 17th day of July A. D. 1961
Signed and Sealed in
presence of
Ralph C. Seal
PEOPLE'S SAVINGS BANK IN PROVIDENCE
By Robert W. Petri
Assistant Secretary (Corporate Seal)
Received for record July 19th, A. D. 1961 at 9:00 o'clock a. m., and recorded by
[Signature]
Town Clerk