8/7/1916 · MORTGAGE · book 18 page 367 doc 7041

328 I, ERNEST G. B. CHAMPION, of the Town of Charlestown, County of Washington, State of Rhode Island, for consideration paid, grant to ALBERT E. BROWN, of said Town, County and State with QUIT-CLAIM COVENANTS Those two certain tracts or parcels of land, together with the buildings and improve- ments thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, bounded and described as follows: FIRST TRACT, Situated on the westerly side of the "Old State Highway," so-called, near the Village of Carolina, bounded as follows: Beginning at a point on said Highway, at a point distant about three hundred ninety three (393) feet northerly from the junction of said State Highway and the Town Highway leading therefrom to the former site of Carolina Railroad Station; thence running easterly along the line of said State Highway and at right angles with the same, a distance of Forty (40) rods; thence at right angles and running northerly, a distance of ten rods, New Haven & Hart- ford Railroad Company; thence running easterly, bounded southerly by land of said State Highway and running easterly along said Town Highway to said junction of said State and Town Highways; thence running northerly, bounded easterly by said State Highway to the point and place of beginning. It is especially stipulated that said tract or parcel of land is conveyed subject to right-of-way which may be claimed by Heirs of John Tucker, deceased, of the New York, New Haven & Hartford Railroad Company, it is further stipulated that the Grantee shall, at his own expense, build and maintain a lawful fence on line between the above described premises and premises for- merly of said A. E. Brown. SECOND TRACT, Bounded on the west by land formerly of Lydia L. Horsey; on the north, Forty-seven (47) feet, more or less, land of New Haven & Hartford Rail- road Company; on the east, land of John C. Tucker until it comes to land of Mary F. Devon; on the south a line being parallel with the said east line, forty (40) rods in length, to land of Mary F. Devon until it comes to the place of beginning at the southeast corner of said tract of land. Meaning and intending to convey and to convey the same premises conveyed to this Grantor by deed from Mamie C. Babcock; said deed bearing date of October 21st, A. D. 1942 and recorded in the Records of Land Evidence, said Town of Charlestown, Book No. 29, Page 21. I, Kathleen B. Champion, wife of the grantor release to said Grantee all my right of dower and all other interest in and to the aforesaid described premises. WITNESS our hands this 9th day of October, 1948. ERNEST G. B. CHAMPION KATHLEEN B. CHAMPION Consideration such that no Documentary Stamps are required. STATE OF RHODE ISLAND, ETC.) County of Washington } } In Charlestown, on the 9th day of October, 1948, before me personally appeared Ernest G. B. Champion and Kathleen M. Champion, husband and wife, both to me known and known 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. LITTON L. BROWN Notary Public Received for record October 9th, A. D. 1948 at 3:00 o'clock, p. m., and recorded by [Signature] Town Clerk

21 Bathhouse land, a distance of 175 feet, more or less, or until it comes to the northerly boundary line of the Town Highway that leads easterly from the State Highway, commonly known as the Post Road, at the Town Hill intersection, then running southerly, bounded easterly by said Town Highway until it comes to the junction of said Town Highway and said Post Road; thence running northerly, bounded easterly, by said Town Highway, until it comes to the southeasterly boundary of said Bathhouse land; thence running again easterly, bounded northerly by said Jackson land, a distance of 200 feet, more or less, to the southeasterly corner of said Jackson land; thence running northerly, bounded easterly, by said Jackson land, a distance of 200 feet, more or less, or less, to the point and place of beginning, or however otherwise the same may be bounded or described. The aforementioned premises being a portion of the premises conveyed by deed of Grafton M. Wilson and Maxine T. Wilson to these grantors on the 1st day of June, 1961 and recorded in the Records of Land Evidence, town of Charlestown, Book No. 37 on Pages 345-349. WITNESS our hands this 18th day of July, 1961. WALLACE E. BURDICK GLENNA M. BURDICK (DOCUMENT STAMPS, $7.85) STATE OF RHODE ISLAND ) County of Washington ) In Charlestown, on the 18th day of July, 1961, before me personally appeared Wallace E. Burdick and Glenna M. Burdick, husband and wife, both 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. LINTON L. BROWN Notary Public Received for record July 18th, A. D. 1961 at 11:30 o'clock, a. m., and recorded by [Signature] Town Clerk ADDITIONAL COVENANTS OF MORTGAGORS TO WESTERLY COMMUNITY CREDIT UNION All persons and corporations (hereinafter called the "mortgagors") who execute and deliver to Westerly Community Credit Union, of Westerly, Rhode Island, (hereinafter called the "mortgagee") a mortgage or mortgages, covering property owned by them, in addition to the affirmative agreements covenants set forth or referred to in said mortgage or mortgages, in the note or notes executed by said mortgagors, the following agreements and covenants, which are referred to in, and are by reference made part of said mortgage made by them: The mortgagors undertake hereby agree 1. To promptly pay when due all taxes, assessments and other rates and assessments of every kind heretofore or hereafter assessed or imposed upon or in respect of the mortgaged property or upon said mortgage, in respect of said mortgage or mortgages, and all premiums for insurance maintained upon said property. 2. To keep the mortgaged property insured against loss or damage by fire and other basic hazards, and in the amounts and forms, and in such Company or Companies, as the mortgagee may from time to time find satisfactory, the policies of insurance to be assigned to the mortgagee, and delivered to the mortgagee as security, and to be held by the collateral security for said note, and if the mortgagors fail to provide such insurance, the mortgagee may at its option, and without notice, insure the mortgaged property, and if the mortgagors fail to promptly pay such premiums to the mortgagor on demand, the same shall be added to the sums secured by said mortgage and bear interest at the rate provided under said mortgage. 3. The mortgagors hereby irrevocably appoint the mortgagee their attorney, in their own name, but in the uncontrolled discretion of said mortgagors, at the option of the mortgagors, to demand, sue for, compromise, and collect any and all losses which may occur under any insurance policy or policies on the mortgaged property, and to settle any claim thereunder, and to apply the proceeds thereof (including reasonable attorneys fees incurred in connection about these proceedings), first to the cost of replacing or restoring the damaged buildings and improvements; and to whether then or thereafter, to the cost of replacing or restoring the damaged buildings and improvements; and to deliver any balance remaining thus to the mortgagors. In case of foreclosure under said mortgage, all right, title and interest of the mortgagors in any such insurance policy, or in any proceeds, premiums or dividends thereon, shall pass to the mortgagee, to be applied by it on account of the mortgage indebtedness and any surplus paid over as a surplus to the mortgagors. 3. To keep the interior and exterior of all buildings and other improvements under the mortgaged premises in good and workmanlike condition, making no structural changes, removals or alterations thereuntil without the written consent in writing of the mortgagee has been first obtained. 4. To permit the mortgagee, and its officers, servants andUNIVERSITY reasonable times to enter upon and inspect the mortgaged property; and any, and if in the opinion of the mortgagee, the security of said mortgage is impaired, them, at its option, make repairs, and the costs of said repairs shall become a part of the indebtedness hereby secured.