4/12/1961 · MORTGAGE · book 37 page 562 doc 6889@37/562

562 for and on behalf of said The Washington Trust Company, and he acknowledged said instrument by him executed, in his said capacity for and on behalf of said The Washington Trust Company, to be the free act and deed of said The Washington Trust Company, and his own free act and deed as well. ELEANOR B. KENYON (Notarial Seal) Notary Public My Commission expires June 30, 1961 Received for record April 11th, A. D. 1961 at 2:15 o'clock, p. m., and recorded by [Signature] Town Clerk ---- KNOW ALL MEN BY THESE PRESENTS: That We, LEONARD A. ALMY and MARILYN L. ALMY, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Sixteen Thousand & 00/100 ($16,000.00) 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 of the mortgagor of even date herewith and bearing the serial number hereof, the following: That certain parcel or part of land, together with the buildings and other improvements thereon, situated in the town of Charlestown, County of Kent, Commonwealth and State of Rhode Island, bounded and described as follows: BEGINNING at a point on the northerly side of the [?] Highway, commonly known as the Post Road, at the southerly corner of the boundary of Joseph C. Chace's land a distance of 200 feet to a point; thence running northerly, bounded westerly by said Chace's land a distance of 200 feet to a point; thence running northerly, bounded easterly by mortar land now or formerly of Edward [?] a distance of 205 feet to a distance of 205 feet to a point at the northerly corner of the premises herein ex, a distance of 400 feet running easterly, bounded northerly by the [?] of said State Highway; thence running southerly, thence running southerly, bounded easterly by land now or formerly of Howard [?] a distance of 325 feet of said State Highway; thence running southerly, a distance of 325 feet by said State Highway, a distance of 325 feet to the point and place of beginning. Being the same premises conveyed to the mortgagors by deed of Edward C. Dubhon and Harriet M. Dubhon, dated November 18th, 1955 and recorded in Book 35, at page 520 of the Charlestown Land Evidence Records. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication notice of a foreclosure sale may be made by a published notice in a newspaper published in the City of Providence, and that a foreclosure sale may be held on the courthouse steps or elsewhere in the City of Providence, as specified in said notice. This mortgage is made subject to such terms, conditions, covenants and agreements contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy of which being this day received by the mortgagor, the receipt whereof is hereby acknowledged, the exact terms of which are on record in said Charlestown Book 37, at page 560, and said covenants and agreements are hereby by reference incorporated into this mortgage, and if any of the terms in the aforementioned covenants or agreements shall not be performed, it shall be lawful for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for and in consideration aforesaid, we, said mortgagors, release to the mortgagee all right of (dower) & (curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the mortgagors have executed these presents on the 7th day of April, 1961. LEONARD A. ALMY MARILYN L. ALMY Executed in presence of John N. Dubrine INDIVIDUAL ACKNOWLEDGEMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON Before me, on the 7th day of April, 1961, before me personally appeared the above named LEONARD A. ALMY and MARILYN L. ALMY, to me known and to me be the parties executing the foregoing instrument and acknowledged by them executed to be their free act and deed. ADA M. RHODES (Notarial Seal) Notary Public My Commission expires June 30, 1961 Received for record April 12th, A. D. 1961 at 9:21 o'clock, a. m., and recorded by [Signature] Town Clerk (FOR DISCHARGE OF ABOVE MORTGAGE, SEE PAGE 563)