10/14/1960 · MORTGAGE · book 37 page 405 doc 6705@37/405

405 KNOW ALL MEN BY THESE PRESENTS: That We, GEORGE T. PIMER and CORDELIA PIMER, husband and wife, of South Kingstown, Rhode Island, hereinafter called the "mortgagors," in consideration of one Thousand One Hundred Five Hundred & 00/100 ($1,105.00) Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Providence, a national banking association organized and existing under the laws of the United States of America, with its principal place of business in the City and County of Providence in the State of Rhode Island, hereinafter called the "mortgagee," the receipt whereof is hereby acknowledged, do hereby grant to the mortgagee, its successors and assigns forever, WITH MORTGAGE COVENANTS, to secure the payment of the principal and interest of a certain promissory note provided by the mortgagor of even date here- with and being the special sum described below, the following: That certain lot or parcel of land, together with the buildings and other improvements thereon, situated in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: BEGINNING at a point in the northerly line of the northwest Hwy North Side block marked by an iron pipe and running thence in the southeasterly corner of the tract herein described and the northeasterly corner of Lot no. 5 on plat 1 in the Town of Charlestown, Rhode Island, Registration No. 1, Registry Office, Charlestown, R.I., Scale 1 inch equals 40 feet, July 15, 1959, R. A. Enos, Certified Surveyor, recorded in the Charlestown Land Evidence book 37, page 405, filed October 14, 1960, running easterly in the thence turning an interior angle of 270° 34' and running southerly by then meeting with the easterly line of North Hwy Side block, and running thence in an interior angle of 29° 55' 00" southerly and easterly running northeasterly bounded southeasterly by Lot no. 7 on said plat a distance of 227.06 feet; thence turning an interior angle of 151° 15' 00" and running southeasterly bounded southeasterly by feet; thence turning an interior angle of 89° 41' and running southeasterly bounded northeasterly by Lot no. 1 on said plat a distance of 111.06 feet; thence turning and point and close of boundary line last course making an interior angle of 90° 00' 00" with the first described course. The above described premises being known as "The Old Stone Mill" on said plat. Being the same premises conveyed to the mortgagors by the deed from The Ralo Realty Corporation, recorded in said book [?] together with the rights and SUBJECT to the conditions described therein. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY FORMS OF SALE, provided, however, that in the event of a default of the mortgagors in the payment of a public notice published in a daily newspaper in the City of Providence, and that a foreclosure sale may be held upon the premises or elsewhere at the option of the mortgagee, as specified in said notice. This mortgage is made in addition to those additional covenants and agreements contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having been this day received by the mortgagor, the receipt whereof is hereby acknowledged, the exact terms of which are set forth in said Statement of Covenants and Agreements in full and running concurrently with the terms of this mortgage and made part of this mortgage and so shall be deemed made part of the performance or observance of any of the same, it shall be lawful for the mortgagee for the sole although to the above described premises pursuant to said statement. And for the consideration aforesaid, we, said mortgagors, release to the mortgagee all right of dower(s) (curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the mortgagors have executed these presents on the 13th day of October, 1960 GEORGE T. PIMER CORDELIA L. PIMER Executed in presence of Harold B. Soloveitzik INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 13th day of October, 1960, before me personally appeared the above named GEORGE T. PIMER and CORDELIA PIMER, to me and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deed. HAROLD B. SOLOVEITZIK Notary Public Received for record October 14th, A. D. 1960 at 9:21 o'clock, a. m., and recorded by [Signature] Town Clerk DISCHARGE OF MORTGAGE Industrial National Bank of Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the (Land Evidence) (Real Estate Mortgage) Records in the Town of Charlestown, R. I. in Evidence Book 37 at page 405, does hereby cancel and discharge the same, and convenants to and with the person or persons aforesaid that the same is paid and satisfied. IN TESTIMONY WHEREOF said Industrial National Bank of Providence has caused these presents to be signed and its corporate seal to be herunto affixed by its proper officers or representatives formerly authorized this 11th day of July, A. D. 1967 INDUSTRIAL NATIONAL BANK of Rhode Island (Corporate Seal) By C. Albert Selinder, Manager C. Albert Selinder, Manager By William C. Rae, Assistant Manager William C. Rae, Assistant Manager Witness: Alma R. Rhodes Received for record July 15th, A. D. 1967 at 10:00 o'clock, a. m., and recorded by [Signature] Town Clerk