4/29/1960 · RELEASE · book 37 page 217 doc 6455@37/217

217 Plantations Bank of Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records in the Town of Charlestown in Mortgage Book 35 at page 626-627 does hereby cancel and discharge the same. IN TESTMENT WHEREOF, said Company has caused these Presents to be signed and its Corporate Seal to be hereunto affixed by its Vice President and Assistant Secretary duly authorized, this second day of March A. D. 1960. Signed and sealed in presence of PLANTATIONS BANK OF RHODE ISLAND (Corporate Seal) By Charles J. Richardson Vice President Milton A. Moore Assistant Secretary Received for record April 29th, A. D. 1960 at 1 o'clock, p. m., and recorded by [Signature] Town Clerk ---- KNOW ALL MEN BY THESE PRESENTS, That We, LOUIS R. MARTINEZ and ANGELINA E. MARTINEZ, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, (hereinafter called the "mortgagors" consideration of One Thousand Eight Hundred Fifty ($1,850.00) DOLLARS, to be paid to PLANTATIONS BANK OF RHODE ISLAND, a banking corporation legally incorporated and established under the laws of the State of Rhode Island, 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 promissory note of the mortgagor(s) of even date herewith, the following described real estate: A certain lot or parcel of land with all the buildings and other improvements thereon situated in the Town of Charlestown, County of Washington and State of Rhode Island, and bounded and described as follows: viz: On the north by the public highway now known as "Johnson's Bridge Road" being three hundred twenty-five (325) feet on said highway, and the eastern and western termini being indicated by stone bounds marked "325'", the said road running east, the east line running south east to west stone bound on said east line, two hundred twenty-five (225) feet to another stone bound on the southeast corner of this tract, three hundred twenty-five (325) feet to a stone bound indicating the west line, the west line running in a straight line two hundred seventy-five (275) feet to the easterly stone bound on said highway, bounded on the east, north and west by the lands of Samuel R. Howell and David R. S. Howell and on the south by the lands of the Sullivan Granite Co., or however otherwise the same may be bounded or described. Being the same premises conveyed to these mortgagors by deed of Stephen W. Smith dated February 8, 1957, and recorded in the said Charlestown Land Evidence Records, in Book No. 35, at page 626. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE Provided, however, that notice of the time and place of a foreclosure sale be given as provided in the option of the mortgagee be published either as provided in by said STATUTORY POWER OF SALE or in some newspaper published in the Town of Westerly or Charlestown, State of Rhode Island and that the said statutory power of sale shall be subject to the terms and conditions to be held or otherwise as elucidated in said notice to be published. This mortgage is made subject to those additional covenants and agreements contained in an instrument entitled "ADDITIONAL AGREEMENTS OF MORTGAGORS TO PLANTATIONS BANK OF RHODE ISLAND," a copy thereof having this day been received by the mortgagor(s), the receipt whereof is hereby acknowledged, and the extent where of is recorded in the Records of the Town of Charlestown in Land Evidence Records in Book No. 35, at page 626-627. The said covenants and agreements hereby made a part of this mortgage by reference and if default shall be made in the performance of any of the said covenants and agreements the mortgagee shall have the power to sell the above described premises pursuant to said STATUTORY POWER OF SALE as supplemented by this instrument. And for the consideration aforesaid, said mortgagors, interchangeably in the estates of each other, do hereby release their right, title and interest (and curtesy) in and to the said granted premises unto the said mortgagee, its successors and assigns, forever. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 17th day of February, in the year of our Lord one thousand nine hundred and sixty. Executed in presence of Emmanuel J. Metria LOUIS R. MARTINEZ (SEAL) ANGELINA E. MARTINEZ (SEAL) INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 17th day of February, 1960, before me personally appeared the above named Louis R. Martinez and Angelina E. Martinez, husband and wife, both to me known and by me to be the parties executing the foregoing instrument and acknowledged said instrument than executed to be their free act and deed. EMANUEL J. LAURIA Notary Public Received for record April 29th, A. D. 1960 at 1 o'clock, p. m., and recorded by [Signature] Town Clerk