12/27/1960 · DEED · book 37 page 490 doc 6800@37/490

490 This is a construction loan mortgage on buildings and improvements on said premises in process of construction or repair, or to be erected or rebuilt; and the said mortgagors have agreed to make the loan herein described and it is paid over to said mortgagors in installments as the work progresses, the time and amount of each advancement to be at the sole discretion and upon the estimate of said Mortgagee, so that when all such advances are paid over to said mortgagors and upon the completion of said buildings, said Mortgagors shall then pay over to said Mortgagees any balance necessary to complete the fullness of $10,000 Dollars; after deducting the amount of all advances made by the Mortgagees to the Mortgagors for the purpose of construction and the Mortgagees agree to the completion or repair of said buildings to the satisfaction of the said Mortgagees within a reasonable time from the date therewith set or at the latest on or before the 1st of April, 1961. This mortgage is made under the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. We, Randall F. Kelley and Edna E. Kelley husband and wife the mortgagors, release to the mortgagees all respective rights of curtesy and dower and all other interest in the aforesaid described premises. WITNESS our hands this 22nd day of December, 1960. Randall F. Kelley Edna E. Kelley In presence of: Mildred Porter STATE OF CONNECTICUT County of New London On this Twenty-second day of December, 1960 before me personally appeared Randall F. Kelley and Edna E. Kelley, husband and wife, to me known and by me to be the parties executing the foregoing instrument, and they acknowledged said instrument, by them executed, to be their free act and deed. THOMAS J. CAPARO Commissioner of the Superior Court Received for record December 23rd, A. D. 1960 at 11:40 o'clock, a. m., and recorded by [Signature] Town Clerk ---- (SEE ASSIGNMENT OF $\text{W}\text{T}\text{H}\text{I}\text{N}$ MORTGAGE BOOK 39, PAGE 67$\text{E}$) DISCHARGE OF MORTGAGE The undersigned, having received full payment and satisfaction of the within mortgage recorded in the Town of Charlestown in the State of Rhode Island, in the Land Evidence Record in Book No. 37 page 489-90 hereby cancel and discharge the same. Covenant and agree that the proton Savings Bank is the present owner of said mortgage. Witness, this 9th day of June 1966. PROTON SAVINGS BANK (Corp Seal) By: [Signature] EDWARD M. TURNO Edward M. Turno SECRETARY Received for record June 13th A. D. 1966 at 10:15 o'clock, a.m., and recorded by [Signature] Deputy Town Clerk ---- KNOW ALL MEN BY THESE PRESENTS, that we, LEON M. GRINNELL and PEARL M. GRINNELL, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, for consideration paid, grant to ELWIN A. SHERMAN and REVA E. SHERMAN, husband and wife, both of said Town, County and State, as Joint Tenants and not as Tenants in Common, with WARRANTY CONVEYANCE (Description, and Incumbrances, if any) That certain parcel or tract of Land, together with the buildings and improvements thereon described, situated in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: Beginning at a stone post set in the ground at the southeasterly corner of the premises conveyed herein described at the junction of the State Highway, commonly known as North County Road, and the "Hollow Road" and the High Way from the Town of Westerly known as "Harrow Lane" thence running northerly, thence bounded westerly by said State Highway, a distance of 185.4 feet, to a stone post, thence running northwesterly by a stone wall to the southeasterly corner of Howard R. Bound's lot, at whose stone post we stand, a distance of 145.4 feet, thence running northerly, a distance of 215.4 feet, at whose entry thence running easterly, bounded northerly by said Harrow Lane, a distance of 100 feet, to a stone post, thence running northwesterly by a stone wall to the northeasterly corner, a distance of 100 feet, and continuing thence in the same straight line a distance of 180.0 feet to a point marking the southeasterly corner of the premises conveyed to us by deed in Book 26 page 162, thence running southeasterly a distance of 401.0 feet, more or less, to a point on the northerly side of said Harrow Lane; said last mentioned point being the northeasterly corner of the premises; thence running southeasterly a distance of 100 feet, bounded southerly by said Harrow Lane, a distance of 325.0 feet, to the point and place of beginning; bounded easterly by the premises conveyed to us partly by deed in Book 26 page 162 and partly by other land of the grantors; easterly by land of the grantors and southerly by bounded by Harrow Lane, so outlined. Being a portion of the premises conveyed by deed of Nathaniel G. Whitford to these grantors dated September 13, 1935 and recorded in the Records of Land Evidence, said Town of Charlestown, in Book No. 26 at Page 162. The grantors hereby reserve for themselves, their heirs and assigns, a right of way, as now travelled, with vehicles or on foot entering in a general northerly direction across the

491 herein described premises from said Narrow Lane to other premises of the grantors. This conveyance is made subject to rights of way that may appear of record. We, Leon M. Grinnell and Pearl M. Grinnell, husband and wife the grantors release to said grantees all our right of curtesy and dower and all other interest in the aforesaid described premises. WITNESS our hands this 27th day of December 1960. LEON M. GRINNELL PEARL M. GRINNELL (DOCUMENTARY STAMP, $.20) STATE OF RHODE ISLAND, ETC. } County of Washington } In Charlestown, on the 27th day of December, 1960 before me personally appeared Leon M. Grinnell and Pearl M. Grinnell, 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 them executed, to be their free act and deed. LINTON L. BROWN Notary Public Received for record December 27th, A. D. 1960 at 3:55 o'clock, p. m., and recorded by [Signature] Town Clerk ---- MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, that we, ELWIN A. SHERMAN and REVA E. SHERMAN, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, for consideration paid, grant to LEON M. GRINNELL and PEARL M. GRINNELL, husband and wife, as Joint Tenants and not as Tenants in Common, both of the Town of Charlestown, County of Washington and State of Rhode Island with MORTGAGE COVENANTS, to secure the payment of Thirty-eight Hundred Seventy and 00/100 Dollars in two (2) years with interest at six (6%) per centum, per annum, payable semi-annually in advance as provided in a certain negotiable promissory note of date herein above written. (Description, and Incumbrances, if any) That certain parcel or tract of land, together with the buildings and improvements thereon, situated in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows:— Beginning at a stone post set in the ground at the southeasterly corner of the premises herein described at the Junction of the State Highway, commonly known as "Narrow Lane" and the State Highway or "Tafts Rd" at the southeasterly corner of the Highway or differently known as "Narrow Lane" and the State Highway, running northerly, bordered westerly by said State Highway, a distance of 121.50 feet, more or less, to a stone post marking the southeasterly corner of said State Highway, a distance of 8.00 feet, to her easterly line, then running northerly, bordered easterly by said State Highway, a distance of 125.00 feet, more or less, to a stone post marking the southeasterly corner of said loam land and continuing thence in the same direction, bordered easterly by said loam land, to a point marking the northeasterly corner of the premises herein described; thence running southerly, a distance of 401.00 feet, more or less, to a point on the midline of the aforementioned State Highway, commonly called Narrow Lane, then running easterly, to a point on the point of beginning; thence running westerly, bounded southerly by said Narrow Lane, a distance of 215.00 feet, to a point marking the southwesterly corner, bounded westerly by said loam land, running northerly partly by land of said Eudsmond entity and partly by other land of the grantors; easterly bounded by land of the grantors and northerly by land of said Eudsmond entity, as may appear of record. the grantors and mortgagors by these presents do grant and release unto the mortgagees all that said land. Below the one premise conveyed by deed of Leon M. Grinnell and Pearl M. Grinnell to these mortgagees said deed bearing date 4th oven with these presents and to be recorded in the Records of Land Evidence, said Town of Charlestown. This conveyance is made subject to reservations and rights of way mentioned or referred to in the aforementioned deed. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE, We, Elwin A. Sherman and Reva E. Sherman husband and wife, the mortgagors, release to the mortgagees all our right of curtesy and dower and all other interest in the aforesaid described premises. WITNESS our hands this 27th day of December 1960. ELWIN A. SHERMAN REVA E. SHERMAN