2/13/1911 · WILL · book 17 page 39 doc 6571

308 KNOW ALL MEN BY THESE PRESENTS, that we, W. MERROE HOSKIE and ELIZABETH B. HOSKIE, husband and wife, both of the Town of Charleston, County of Washington, State of Rhode Island, for consideration paid, grant to WILLIAM BASBANE and JULIETTE BASBANE, husband and wife, both of Plainfield, State of Connecticut, as Joint Tenants and not as Tenants en Common, meaning to the survivor, with WARRANTY COVENANTS That certain lot or tract of land, situated in the Town of Charleston, County of Washington, State of Rhode Island, shown and delineated as Lot No. 17 (seveneen) on that certain plan or plat entitled, "Plat of Subdivision of Hoskie's Cove, Charleston, R. I., Scale 1" = 100'", M. J. Turrisi, Engr.") said plat being filed in the Town Clerk's Office, said Town of Charleston, in First Book 3, Page 13. Said Lot No. 17, is bounded northerly by other land of these Grantors a distance of 54.10 feet, more or less; easterly by Lot No. 16, a distance of 150 feet, more or less; southerly, by Hoskie Road, a distance of 106.12 feet, more or less, and westerly, a distance of 150 feet by Right-of-Way, all as shown on said Plat. Being a portion of the same premises conveyed to these Grantors by deed of Amos E. Ward, dated October 18, 1948 and recorded in Book 31, page 364 of the Records of Land Evidence, said Town of Charleston. This conveyance is made subject to the conditions and restrictions that said premises shall be used for residential purposes only; that not more than one dwelling, together with a two-car garage shall be erected on said Lot No. 17, not to cost less than $10,000.00; that no part of any building shall be constructed within 25 feet of Hoskie Road, as shown on said Plat, nor within ten feet of the side lines of said Lot No. 17, as shown on said Plat. TOGETHER with the right to use the roads as shown on said Plat. We, W. Monroe Hoskie and Elizabeth B. Hoskie, husband and wife, release to said Grantees all our respective rights of curtesy and dower and all other interest in the aforementioned premises. WITNESS our hands this 26th day of January, 1999. W. MONROE HOSKIE ELIZABETH B. HOSKIE STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly, on the 26th day of January, 1999, before me personally appeared W. Monroe Hoskie and Elizabeth B. Hoskie, husband and wife, both to me known and by me known to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, by them executed, to be their free act and deed. MARGARET A. SERRA Notary Public (DOCUMENTARY STAMP, 55¢) Received for record July 14th, A. D. 1960 at 3:30 o'clock, p. m., and recorded by [Signature] Town Clerk MORTGAGE DEED I, RANBARA SCHOONMAKER, of Hackensack, New Jersey, being unmarried, hereinafter called the mortgagor, for consideration paid, grant to WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, a corporation created by Act of the General Assembly of the State of Rhode Island, located and having 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 SPECIAL COVENANTS, to secure the payment of Five thousand ($5000.00) Dollars, with interest thereon at the rate of 6% per annum as specified in a certain negotiable promissory note of the mortgagor, of even date herewith, said principal and interest being payable in 120 monthly installments of Fifty-five and 52/100 ($55.52) Dollars each on the Fourteenth (14th) day of each successive month commencing August 14th, 1960 until said principal and interest are paid in full, all as

304 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 thereunto belonging or in any wise now or hereafter appertaining, together and with including as part of the realty, all heat- ing and air-conditioning apparatus, plumbing, stoves, storm doors and windows, gas, oil and electric fixtures, screens, screen 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 at Quonsetpoint Central Beach, Town of Charlestown, Rhode Island, and bounded and described as follows: Beginning at a point on the southerly line of Souderly Avenue, so called, said point being the northeasterly corner of lot number 04 or formerly of Northerly S. Beach lot 04 and the north- westerly part of the property of Barbara Schoonmaker, and bounded westerly by said north- westerly land 125 feet to a stake with nail at the southwesterly corner of the parcel herein conveyed; therefrom northerly 125 feet to a stake with nail at the northwesterly corner of the parcel herein conveyed; thence southeasterly in a straight line 125 feet to the northeasterly corner of the par- cel herein conveyed; thence southeasterly in a straight line 125 feet to the northeasterly corner of the parcel herein conveyed; thence southeasterly 125 feet to the southeasterly corner of the parcel herein conveyed making an angle of 90° with the southeasterly line of said Souderly Avenue, thence southwes- terly 125 feet to the southwesterly corner of the parcel herein conveyed, at the point of beginning. Said land is bounded southerly by Northerly Bounder Avenue, easterly by land now or formerly of H. Edward B. Soley, and northerly then by land now or formerly of Philip J. Murray et al., and westerly by said Souderly Avenue. Meaning and intending to convey lot #198 and the westerly one-half of Lot #199 as shown and delineated on that certain plan or plot map entitled "Plat of 1C Acreage of Quonsetpoint Central Beach, February 1960, Rhode Island" drawn by Louis Magee, Surveyor, scale 1 inch equals 80 feet, recorded February 19th, 1960, in the Charlestown Land Evidence Records in Book 36, page 405, and further described in said plat as Lot 198 and 1/2 of Lot 199. Being the same premises conveyed to said Barbara Schoonmaker by H. Edward B. and Nelson H. Thorpe by a deed dated July 2, 1959 and recorded in the Charlestown Land Evidence Records in Book 36, page 405, and further described in said plat as Lot 198 and 1/2 of Lot 199. This is a construction loan mortgage, the mortgagor having applied for the mortgage to the loan as- sociation of 25,000.00 to be spent on the mortgage of the above described premises on which a building and other improvements are to be erected according to plans approved by the lender, and for sum of 20,000.00 to be advanced and paid over said to said mortgagor at the time of the execution and delivery of this deed, the remaining part of the loan to be advanced by the lender, and the balance of said sum of 45,000.00 is to be paid over c/o said mortgagor in installments under the rules and regulations of the mortgagees, as the work on said building progresses. The mortgagor hereby makes the STATUTORY GRANT and with the STATUTORY POWERS OF SALE provided, however, it is a condition of this mortgage that the lender foreclose or execute the option of the mortgagee, as specified in the notice of such default. This mortgage is made subject to those additional agreements and covenants contained in that instru- ment entitled "GENERAL CONDITIONS OF MORTGAGES SERVING PAID FUND AND LOAN ASSOCIATION executed herewith by the mortgagor, a copy of which has this day been received by the mortgagor, the entire contents of which are known to the mortgagor and are recorded in the Land Evidence Records Book 35 page 33-34. Said agreements and covenants are by reference made part of this mortgage, and if default shall be made in the performance of any of the covenants contained in said instrument, the lender may foreclose on the mortgage in scribed pursuant to said STATUTORY POWER OF SALE. WITNESS my hand and seal this 14th day of July 1960. Executed in presence of Henry Harris BARBARA SCHOONMAKER (SEAL) STATE OF RHODE ISLAND County of Washington In Westerly on the 14th day of July, 1960, before me personally appeared BARBARA SCHOONMAKER, to me known and known by me to be the party executing the foregoing instrument, and she acknowledged said instru- ment by her executed to be her free act and deed. RUSSELL F. LENTWAY Notary Public Received for record July 15th, A. D. 1960 at 9:05 o'clock, a.m., and recorded by (Signature) Town Clerk DISCHARGE OF MORTGAGE THE WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, of Westerly, Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the Land Evidence Records in the Town of Charlestown, R. I., in Real Estate Mortgage Book Number 37 Page 303-304, does hereby cancel and discharge the same IN TESTIMONY HEREOF, said Association has caused these presents to be signed and its Corporate Seal to be hereunto affixed by A. Amelia Peckham its Treasurer duly authorized, this 15th day of July, A. D. 1970. WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (Corp Seal) Signed and sealed in presence of: JAMES J. MORRISON A. AMELIA PECKHAM Its Treasurer Received for record July 16th, A. D. 1970 at 9:00 o'clock, a.m. and recorded by (Signature) Deputy Town Clerk