4/29/1910 · DEED · book 16 page 427 doc 6497

527 KNOW ALL MEN BY THESE PRESENTS, That I, CHARLES M S HUDRIDGE, of the Town of Charlestown, County of Washington, State and State of Rhode Island (hereinafter called "Mortgagor"), for consideration paid grant, bargain, sell and convey in fee simple to DISASTER LOAN CORPORA- TION, a corporation created under the laws of the United States of America, and having its principal place of business in the City of Washington, District of Columbia (hereinafter called "Mortgagee"), with MORTGAGE COVENANTS to secure the payment of the sum of Twelve Hundred Dollars, evidenced by a promissory note of even date herewith and interest thereon at three per centum per annum upon the terms and conditions thereof. That certain real estate situated within the Town of Charlestown, County of Washington, State of Rhode Island, and described as follows: (DESCRIPTION) Those certain three tracts or parcels of land, with all the buildings and improvements thereon, bounded and described as follows: (1) Beginning at the northwest corner of this tract set by a stake in the ground about seventyfive (75) feet southeast of the center of the road between Breachway and on the easterly side of a highway nearly opposite land of Stephen Peckham; thence easterly on a line parallel with said highway and along the said Peckham's land, south forty degrees east, one hundred (100) feet; thence southerly on a line one hundred (100) feet; more or less, being free from the effects of the tide; thence gateway a distance of eighty (80) feet north- westerly to the said highway at a point ninety (90) feet south from the first men- tioned bound; thence northerly along said highway a distance of seventyfive (75) feet to the point, and to the place of beginning. Reference is hereby had to the deed dated January 13, 1933 recorded in the Town Clerks Office in Charlestown in Book 17 at page 379, which deed is a part hereof. (2) Beginning at the corner of this tract situated by a stake in the ground and at the northwest corner of land forming a part of D. C. and H. Babcock on a highway; thence running northeasterly along said highway a distance of one hundred (100) feet; thence easterly on Breachway; thence easterly on said Breachway about one hundred (100) feet; thence southerly on a line parallel with said highway a distance of one hundred (100) feet; thence westerly, to a point in said highway; thence northwesterly along said highway a distance of one hundred (100) feet to the beginning and the whole plot as beginning. Reference is hereby had to the deed dated February 14, 1933 recorded in the Town Clerks Office in Charlestown in Book 17 Pages 459 and 460, which deed is a part hereof. (3) A certain tract of marsh land containing one acre, more or less, bounded and described as follows: Beginning at the southeast corner of this tract and running easterly along the southeasterly corner of the highway leading from Breachway to Oliver Davis, northerly to the Providence Cove, on southeasterly, and called by easterly form- ing a line with the first mentioned bound. Reference is hereby had to the deed dated October 11, 1906 recorded in the Town Clerks Office in Charlestown in Book 15 at Page 431, which deed is a part hereof. However bound and described the three described tracts, are laid out and designated as lot number thirteen (13) on the assessor's Plat 10, as used by the Tax Assessors of the Town of Charlestown, for assessment of taxes for the year 1938. together with the heritaments and appurtenances thereto belonging. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. ADDITIONAL COVENANTS AND CONDITIONS Mortgagor for the covenants of that he will commit, permit or suffer no waste, impairment or deterioration of said property or any part thereof and to perform, comply with and abide by all stipulations, agreements, conditions and covenants in said promissory note and in this Mort- gage set forth and in the agreements executed by Mortgagor in connection therewith and incorpor- ated herein. And Mortgagor hereby covenants with said Mortgagee, to assign, and by these Presents does hereby assign to said Mortgagee, any and all rents of the premises herein described subject, however, to any and all existing assignments of such rents, with full power in said Mortgagee to collect such rents. Mortgagor hereby covenants that in the event the ownership of the mortgaged premises become vested in a person other than the Mortgagor, the Mortgagee may, without notice to the Mortgagor, deal with such successor or successors in interest with reference to the mortgage and the debt hereby secured, in the same manner as with the Mortgagor, without in any way vitiating or discharging the Mortgagor's liability hereunder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the Mortgagee, and no extension of the time for the payment of the debt hereby secured given by the Mortgagee shall operate to release, discharge, modify, change or affect the original liability of the Mortgagor herein, either in whole

528 or in part. And Mortgagor further covenants to pay promptly when due all taxes, assessments, levies,of every nature on said described property, and deliver the official receipt there- for to the Mortgagee. And Mortgagor further covenants to keep the improvements herein mortgaged insured against loss or damage by fire or otherwise under a mortgage clause approved by Mortgagees. In the event that said Mortgagee shall advance a further sum to or for the bene- fit of said Mortgagor, or directly in payment of taxes, assessments and insurance on said mortgaged property, then said Mortgagor further covenants and agrees that such or sums so advanced shall be payable on demand and become a part of the principal secured by this instrument, with interest thereon. It is hereby agreed that Mortgagee or its Agents may purchase at any sale held pursuant to the STATUTORY POWER OF SALE. The terms used to designate any of the parties, or persons mentioned herein, shall be deemed to include the heirs, legal representatives, successors and assigns of such parties. And I, HELEN M. SILDRIDGE, wife of the Mortgagor, release to the Mortgagees all my right of dower and all other interest in the aforesaidpremises. IN WITNESS WHEREOF, said Mortgagors executed these presents this Seventh day of February, 1939. Witnesses: DAVID P. DOYLE as to both signatures CHARLES M. SILDRIDGE (SEAL) HELEN M. SILDRIDGE (SEAL) FOR INDIVIDUALS STATE OF RHODE ISLAND,) County of Providence ) In Providence, in said County and State, on the 7th day of February A. D. 1939, before me personally appeared CHARLES M. SILDRIDGE and HELEN M. SILDRIDGE to me known and known by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, by them executed, to be their free act and deed. DAVID P. DOYLE Notary Public. Received for Record February 9th, A. D. 1939 at 2:35 o'clock, p. m., and recorded by [Signature] Town Clerk