6/29/1960 · MORTGAGE · book 37 page 291 doc 6556@37/291

291 MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That We, FRANK H. CORNELL, JR. and JOSEPHINE A. CORNELL, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, hereinafter called the mortgagors, for consideration paid, grant to THE WASHINGTON TRUST COMPANY, a corporation created by Act of the General Assembly of the State of Rhode Island, located having and its principal office and place of business in the Town of Westerly, County of Washington and State of Rhode Island, hereinafter called the mortgagee, with MORTGAGE COVENANTS, to secure the payment of TWENTY-EIGHT HUNDRED FIFTY and 00/100 ($2850.00) Dollars, with interest at the rates specified in a certain negotiable promissory note of the mortgagors, or one debt several, principal and interest time and bearing payable in monthly installments of THIRTY-FOUR and 74/100 ($34.74) Dollars each on the 15th day of each successive month commencing July 15, 1960 until said principal and interest are paid in full, all as provided in said note the following described land, together with all buildings and other improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights theretofore "belonging" or electing or in any way now or hereafter appertaining, and together with and including as part of the realty, all heating and air-conditioning apparatus, plumbing, stoves, storm doors and windows etc., gas, oil and electric fixtures, screens, storm doors, awnings, and other fixtures of whatever kind on said premises or hereafter placed thereon prior to the full payment and discharge of this mortgage, situated in the Town of Charlestown, County of Washington and State of Rhode Island, and bounded and described as follows: That certain lot or parcel of land, together with the buildings and an improvements thereon, situated, extending on the northerly side of the Route 138 State Highway that leads westerly from the Village to Charlestown in the Village of Mood River Junction, bounded or described as follows: That certain lot which aforementioned and delineated at Lot number 23 (twenty-three) Frank H. Jr. & Josephine A. Cornell, on that certain lot of land known as "The Old Homestead" from Dr. Kemp and Madame B. Kemper Cornell, on that certain lot of land described in Book 31, P. 104 South November 20, 1930, Ross & Lewis, Engineers of Carolina. Charlestown, R.I., Scale 1" = 50 ft November 20, 1930. Ross & Lewis, Engineers of Rhode Island. This Plat summarizes all previous Plats filed;" said plat being filed in the Office of the Town Clerk of that town at a date prior to this deed. Being the same premises conveyed to the mortgagors hereby by Harold Potter and Myra K. Potter, by said Deed dated May 23, 1960, to be recorded. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE, provided, however, that a redemption be held until the foreclosure or otherwise of the mortgagors, as specified in the notice of such sale. This mortgage is made subject to those additional agreements and covenants contained in that instrument entitled CERTAIN COVENANTS OF THE MORTGAGOR with THE WASHINGTON TRUST COMPANY executed herebetween the mortgagors, a copy of which has this day been received by the mortgagors, the exact terms of which are on record in said Town of Charlestown, in said instrument, and the mortgagors hereby agree to be bound by said agreements and covenants reference made part of this mortgage, and if default shall be made in the observance or performance of any of the same, it shall be lawful for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. WITNESS our hand this 17th day of June, 1960. Executed in presence of Alfred C. Baker FRANK H. CORNELL, JR. JOSEPHINE A. CORNELL STATE OF RHODE ISLAND County of Washington In Westerly, on the 17th day of June, 1960, before me personally appeared the above named FRANK H. CORNELL, JR. and JOSEPHINE A. CORNELL, husband and wife, both to me known and by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument by their free act and deed. ELEANOR B. KENYON (Notarial Seal) Notary Public My Commission expires June 30, 1961 Received for record June 29th, A. D. 1960 at 9:28 O'clock, a. m., and recorded by Town Clerk ---- DISCHARGE OF MORTGAGE THE WASHINGTON TRUST COMPANY, of Westerly, Rhode Island, having been fully paid and satisfaction of the within mortgage, recorded in the Records of Land Evidence in the Town of Charlestown in Book 37 Page 291 does hereby release and discharge the same. IN TESTIMONY WHEREOF, said Company has caused these presents to be signed and its Corporate Seal to be hereunto affixed by Raymond N. Holbertson its Treasurer duly authorized this 12th day of A. D. 1968. (Corporate Seal) THE WASHINGTON TRUST COMPANY By Raymond N. Holbertson Its Treasurer Signed and sealed in presence of: Thelma G. Smith Received for record June 12th, A. D. 1968 at 9:00 o'clock, a. m., and recorded by Town Clerk