5/11/1961 · MORTGAGE · book 37 page 592 doc 6934@37/592

592 MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS: That We, EDWIN M. JONES and ALBERTA C. JONES, husband and wife, both of Scituate, County of Westerlystate, and State of New York newState, hereinafter called the mortgagors, for consideration paid, grant to the WASHINGTON TRUST COMPANY, 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 MORTGAGE COVENANTS, to secure the payment of SIXTY-FIVE HUNDRED and 00/100 ($6500.00) Dollars, with interest then accruing at the rates specified in a certain negotiable promissory note of the mortgagors, of even date herewith, said principal and interest being payable monthly in monthly installments of FIFTY-THREE and 12/100 ($53.12) Dollars each on the 5th day of each successive month commencing November 5th 1961 until said principal and interest are paid in full, all provided as 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 thereto belonging or in any wise now or hereafter appertaining, and together with and including as part of the realty, all heating and air-conditioning apparatus, plumbing, stoves, steam doors and windows, gas, all electric fixtures, screens, screen doors, shutters, and any other of fixtures whatever kind of said premises or hereafter placed thereon prior to the full payment and discharge of this mortgage, situated in the Town of Charlestown, County of Washington and State of Rhode Island, and bounded and described as follows: A certain tract or parcel of land situated and located at Quonsetuch Beach, so called, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows, to wit: Beginning at a corner on the northeasterly line of Keyon Avenue, so called point being the northeasterly corner of the parcel herein conveyed; thence running southerly along the line of Keyon Avenue, to a point where a stone fence turns an interior angle of 157 degrees, 25 minutes and 30 seconds and extending south-easterly along the northerly line of the same fence 150 feet; thence running southerly 120 feet to the easterly boundary line herein conveyed turns an interior angle of 122 degrees, 37 minutes and 30 seconds and extending southerly 145 feet, more or less, to the southerly line of the said tract which runs easterly 150 feet to the northeasterly corner of the referenced herein conveyed turns a right angle and extending westerly 90 feet to an interior angle of 122 degrees, 37 minutes and 30 seconds and extending northerly by Keyon Avenue, easterly and westerly by land now or formerly owned by Howard E. Thorp and Nelson M. Thorp and northerly by land now or formerly owned by Charles W. Yale. Marking and containing to exceed Lot 222 and the westerly one-half of Lot 221 as shown and delineated on that certain plan or plat entitled, "Sketch of Quonsetuch Beach Cert an extended February, 1936" Charlestown, R.I., property of Mr. W. S. Thorp, land scale 1 inch equals 50 feet, July 1936, Ward & Lewis, Engrs. Together with right-of-ways, and subject to the conditions and restrictions contained in title deed. Being the same premises conveyed to the mortgagors herein by Howard E. Thorp and Nelson M. Thorp by deed dated November 27, 1959 and recorded in the Land Evidence Records of the Town of Charlestown, R.I. in Book 37 page 165 and 167. This mortgage is made upon the STATUTORY CONDITIONS and with the STATUTORY POWER OF SALE: provided, however, that a foreclosure may be held upon the premises or elsewhere at the option of the mortgagee, as specified in the notice of such sale. This mortgage is made subject to those additional covenants and covenants contained in that instrument entitled ADDITIONAL COVENANTS OF MORTGAGE OF THE WASHINGTON TRUST COMPANY executed herewith by the mortgagors copy of which has this date been received by the mortgagors, and exact terms of which are on record in said Town of Charlestown in Land Evidence Records Book 34 at pages 360 and 370. Said agreements and covenants are in reference made part of this mortgage, and if default shall be made in the observance or performance of any of the same, it shall be lawful for the mortgagee to see the above described premises pursuant to said STATUTORY POWER OF SALE. WITNESS our hand this 10th day of May 1961. EDWIN M. JONES ALBERTA C. JONES Executed in presence of LOUISE DIRTHEN STATE OF NEW YORK County of New York In New York on the 10th day of May 1961, before me personally appeared the above named EDWIN M. JONES and ALBERTA C. JONES, husband and wife, better to me known and known 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. ELEANOR M. LARGE Notary Public (seal affixed) Eleanor M. Large, Notary Public, State of New York, No. 31-720390, qualified in New York County Term expires March 30, 1962