7/29/1916 · DEED · book 18 page 370 doc 7042

314 Rhode Island Release of Mortgage KNOW ALL MEN BY THESE PRESENTS, that INDUSTRIAL TRUST COMPANY, a corporation creat- ed by the General Assembly of the State of Rhode Island, located and having its principal office in the City and County of Providence, in said State of Rhode Island, does hereby re- lease and discharge a certain mortgage deed from Henry S. Brightman, et ux to said INDUSTRIAL TRUST COMPANY, dated September 26, 1946 and recorded in the Land Records of the town of Charlestown, R. I. County of Washington and State of Rhode Island in Volume 30, at page 190/1/2, to which reference is hereby made and; the note secured by said mortgage hav- ing been fully paid and satisfied. IN WITNESS WHEREOF, said INDUSTRIAL TRUST COMPANY has caused these presents to be signed and its corporate seal to be affixed by the Manager and Assistant Manager of its Westerly Branch, located at Westerly, Rhode Island, both duly authorized to act herein, this 1st day of October 1948. Signed, sealed and delivered in the presence of: Angelina F. Vest Fred Rayner INDUSTRIAL TRUST COMPANY (Corporate Seal) By Hiram Kendall Manager and Thomas Butcliffe Assistant Manager of its Westerly Branch. STATE OF RHODE ISLAND, COUNTY OF WASHINGTON In Westerly in said County and State, on the 1st day of October 1948, personally appeared Hiram Kendall and Thomas Butcliffe, Manager and Assistant Manager, respectively, of the Westerly Branch of the Industrial Trust Company, signers and sealers of the foregoing instrument, and acknowledged the same to be their free act and deed as said officers of said corporation and the free act and deed of said corporation, before me HAROLD B. SOLOWEITZIK Notary Public. Received for record October 5th, A. D. 1948 at 9:00 o'clock, a. m., and recorded by [Signature] Town Clerk

22 5. In case the mortgagors shall be declared bankrupt or shall make an assignment for the benefit of cred- itors or in case they or the mortgaged property shall be placed in the custody or under control of any court, or if said mortgaged property shall be attached or liened and such attachment or lien shall not be removed, or if said mortgagors shall default in the payment of any of the notes secured hereby, or any other debt due then, in any of such events, the mortgagee is hereby authorized and empowered at its option, without notice and without recourse to the courts, to take possession of and sell the mortgaged property or any other right of the mortgagee, to declare immediately due and payable all sums secured by said mortgage. 6. In the right to come, title or possession of all or any part of the mortgaged property shall be for any reason be vested in the mortgagee, or should any rentals on any part thereof arise at any time, said rentals shall be as- signed without the written consent of the mortgagors to the mortgagee, and the mortgagee may, at its option, immediately declare the entire mortgage debt due and payable provided, however, that letting or renting of the premises to others shall not be deemed to vest title in the mortgagee nor shall it be deemed to be merging of the title. 7. Whenever used herein, the terms mortgagors shall be construed to refer to the mortgagors, its successors or assigns; the term mortgagees shall be construed to refer to the mortgagees, or their heirs, executors, admini- strators, successors and assigns and the term mortgaged property shall be construed to refer to the property which is deemed to refer to the singular, wherever the circumstances require or permit and the terms "property" or "premises" shall be construed to refer to the mortgaged property, including all improvements thereon and shall cover personal property as well as real estate to the extent that the same is included in the mortgaged premises. Dated .................................................................................................... I, the undersigned, mortgagor, hereby assenting to all of the agreements and covenants heretofore set forth above, agree that the same constitutes part of the mortgage executed concurrently herewith and acknowledge receipt of a copy of this statement of ADDITIONAL COVENANTS OF MORTGAGORS OF WESTERLY COMMUNITY CREDIT UNION. In presence of: IN WITNESS WHEREOF, said WESTERLY COMMUNITY CREDIT UNION has caused the presents to be executed and its corporate seal to be hereto affixed by its proper officers herunto duly authorized this 14th day of July, 1961. Signed and Sealed in presence of: Carole J. Platt Molva E. Murphy WESTERLY COMMUNITY CREDIT UNION (Corporate Seal) BY Harold I. Edmonds Its President BY Denis M. McDonald Its Treasurer STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on this 14th day of July, A. D. 1961, before me personally appeared HAROLD I. EDMOND and DENIS McDONALD, respectively President and Treasurer of WESTERLY COMMUNITY CREDIT UNION, to me known and known by me to be the parties executing the foregoing instrument for and in behalf of said WESTERLY COMMUNITY CREDIT UNION, and acknowledged said instrument by them executed to be their free act and deed in said their capacities as President and Treasurer of WESTERLY COMMUNITY CREDIT UNION. JOSEPH N. CODINI Notary Public Received for record July 18th, A. D. 1961 at 2:21 o'clock, p. m., and recorded by Town Clerk