6/8/1961 · MORTGAGE · book 37 page 620 doc 6970@37/620

620 MORTGAGE DEED KNOW ALL MEN by THESE PRESENTS: That I, HOPE CLARK REID, of The town of Charlestown, Rhode Island, hereinafter called the "Mortgagor," in consideration of Eight Thousand (25,000.00) 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 Mortgagee of even date herewith and bearing the serial number marked here, the following: A certain tract of land, together with all buildings and improvements thereon situated, all located in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: Commencing at the Northeastern corner of the hereby conveyed tract at its intersection with the Shannock highway and land of Henry S. Green; thence Southerly along the westerly side of said green land to the intersection of said land with the land of [?] and [?] and running easterly along said intersection to the northeasterly side of said Shannock land to land of Mrs. Eleanor F. Potter; thence Southerly along the Northeasterly side of said Potter land to the intersection of said land with land of [?] and running east to the beginning, and bounded northerly partly by the other land of Hope Clark Reid and partly by the said Shannock highway, re traversing otherwise the same as the boundary line of the hereby conveyed tract. Housing and improvements on said land having been previously conveyed from Hope Clark Stevens to Hope Clark Reid by warranty deed dated January 9, 1936, and recorded in the Land Evidence Records of said Town of Charlestown in Book 26 at Page 294. This mortgage is made subject to the STATUTORY COVENANTS and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper published 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 note. But this mortgage is made subject to those additional covenants and agreements 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 on record in said town in Mortgage Book 34, at page 40-41. Said covenants and agreements are hereby by reference made part of this mortgage, and if default shall be made in the performance or observance of any of the same, it shall be for the mortgage to call the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforementioned, I, said HOPE CLARK REID, covenant with said mortgagee that I am a widow and not remarried. IN WITNESS WHEREOF, the Mortgagor has executed these presents on the 7th day of June, A.D. 1961. Executed in presence of HOPE CLARK REID HUDSON C. SCATTERGOOD INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON On this 7th day of June A.D., 1961, before me personally appeared the above named Hope Clark Reid known to me and known by me to be the party executing the foregoing instrument and acknowledged said instrument by her executed to her free act and deed. MARGARET B. WALKER, Notary Public Received for record June 7th A.D. 1961 at 2:30 o'clock p.m. and recorded by: [Signature] Deputy Town Clerk DISCHARGE of MORTGAGE Industrial National Bank of Providence, having received full payment and full satisfaction of the above mortgage, re- corded in Land Evidence (Real Estate Mortgage) Records in the Town of Charlestown in Book 37 Page 620, 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 witness whereof, said Industrial National Bank of Providence has caused its seal to be signed to its corporate seal to be instrument affixed by its officer representatives or representatives thereunto duly authorized this eighteenth day of February, A. D. 1956. INDUSTRIAL NATIONAL Bank of Providence By Leroy C. Whitford Manager (Corp Seal) By Hudson C. Scattergood Assistant Manager Karen McMaster Received for record February 23rd A. D. 1956 at 9:00 o'clock a.m., and recorded by [Signature] Deputy Town Clerk