5/10/1961 · MORTGAGE · book 37 page 589 doc 6929@37/589

589 KNOW ALL MEN BY THESE PRESENTS: That I, HAROLD L. CHAPMAN, of Charlestown, Rhode Island, hereinafter called the "mortgagor," in consideration of Four Thousand Five Hundred & 00/100 ($4,500.00) Dollars, to be 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 hereby, the following: That certain tract or parcel of land, together with the buildings and improvements thereon, situated at Colonia Woods, in the Town of Charlestown, County of Washington and State of Rhode Island, being shown and delineated as Lot Number Three (3) on the entitled, "The Sale Rhode Realty Co., Plan No. 1" in Charlestown, Rhode Island, as said plan was recorded May 10, 1959, in B. 35, Page 559, in the Land Evidence Records of the Town of Charlestown, Rhode Island, said land having been formerly called "Evergreen Site," which plot is recorded in the Charlestown Land Evidence Records, to which re- ference is hereby made as follows: Being the same premises conveyed to the mortgagor by the Deed of The Rhode Realty Corporation, recorded in said records TOGETHER with the rights and SERVITUDEs to the conditions more particularly described therein. This mortgage is made upon the STATUTORY CONDITIONS and with the STATUTORY MODE OF SALE; provided, however, that this mortgage is made with a "POWER OF SALE" and that the mortgagee or a public receiver may sell the premises, in City of Providence, and that a foreclosure suit may be held upon the premises or elsewhere at the option of the mort- gagees, as provided in said note. IN TESTIMONY WHEREOF, in addition to these conventional agreements and covenants contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagee, the receipt whereof is hereby acknowledged, the exact terms of which are incorporated into this mortgage, and if default shall be made in the performance or observance 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, as provided in said note. And for the consideration aforesaid, I, said mortgagor covenant that I am a widower and have not remarried. IN WITNESS WHEREOF, the mortgagor has executed these presents on the 10th day of May, 1961. Executed in presence of Harold B. Solnewitz HAROLD L. CHAPMAN INDIVIDUAL ACKNOWLEDGEMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 10th day of May, 1961, before me personally appeared the above named HAROLD L. CHAPMAN to me and known by me and known by me to be the party executing the foregoing instrument and acknowledged said instrument by him executed: to be his free act and deed. HAROLD B. SOLNEWITZ Notary Public Received for record May 10th, A. D. 1961 at 1:45 o'clock, p. 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) Records in the Town of Charlestown in Book 37, page 589, does hereby cancel and discharge the same, and covenants to and with the person making said payment that it is the present owner of said mortgage. IN TESTIMONY WHEREOF, said Industrial National Bank of Rhode Island has caused these presents to be signed and its corporate seal to be hereunto affixed by its proper officers or representatives thereto duly authorized this 29th day of March A. D. 1966. INDUSTRIAL NATIONAL BANK of Rhode Island (Corp Seal) WITNESS: AIDA M. RHODES By C. ALBERT SELSNICK G. Albert Selsnick Manager W. CHRISTINE CAS. Lillian G. Mae Asst. Mgr. Received for record March 30th A. D. 1966, at 11:10 o'clock, a.m., and recorded by [Signature] Deputy Town Clerk ---- MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That I, HAROLD L. CHAPMAN, of Charlestown, Rhode Island, for consideration paid, grant to the RALDO REALTY CORPORATION, a corporation duly organized and existing under the laws of the State of Connecticut, having a place of business in the town of Westerly, Rhode Island, with MORTGAGE COVENANTS, to secure the payment of ONE THOUSAND TWO HUNDRED & 00/100 ($1,200.00) Dollars, payable as provided in a certain negotiable promissory note of even date herewith.