7/18/1961 · MORTGAGE · book 38 page 23 doc 7043@38/23

28 MORTGAGE DEED KNOW ALL MEN by THESE PRESENTS, That, we HENRY M. BRIGHTMAN and AGNES BRIGHTMAN, husband and wife, both of the Town of Charlestown, County of Washington and State of Rhode Island, hereinafter called the MORTGAGORS, for consideration paid, grant to WESTERLY COMMUNITY CREDIT UNION, a corporation created under the laws of the State of Rhode Island and having a place of business in the Town of Westerly, hereinafter called the MORTGAGEE, with MORTGAGE COVENANTS, to secure the payment of EIGHT THOUSAND and 00/00 ($8000.00) DOLLARS in Fifteen (15) years with interest at five and one-half (%) per centum per annum payable, mostly in a certain notable promissory note of even date herewith, two certain tracts or parcels of land, together with all buildings including any portable or sectional buildings and improvements, including all screens, doors and windows on buildings, awnings, heaters, plumbing, gas and electrical fixtures, oil burners and other equipment necessary or incidental to the property or use thereof, now located on or hereafter placed upon said premises, all of which are declared to be part of the realty, situated in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows, to wit: FIRST TRACT: beginning at a point marked by the end of a stone wall on the northerly side of the Old Post Road, southerly, at the northeasterly corner of the premises hereby conveyed at the southeasterly corner of the southerly boundary of the first tract of land described in a deed to George W. Brightman from his father Henry M. Brightman by a deed executed Date November 14, 1901, recorded in Book 30, page 654 of said Records; thence running southeasterly along a stone wall, bounded easterly by land now or formerly of said Brightman, a distance of 510 feet, more or less, to a stone wall, running southerly along a stone wall, bounded easterly by land now or formerly of said Brightman, a distance of 497 feet, more or less, to stone wall, running westerly to a stone wall, running northerly along a stone wall, bounded westerly by land now or formerly of said Brightman, a distance of 479 feet, more or less, to corner of another wall, running westerly thence to a stone wall, bounded northerly by land now or formerly of said Brightman, a distance of 210 feet, more or less, and following the curve of another wall in a southerly direction to the boundary line of Mr. Eileria M. Sarta, a distance of 910 feet, more or less, until it comes to a corner at the easterly boundary line of land now or formerly of Mrs. Fretta Summers at the point where the southerly boundary of the first tract of land runs along a wall, running southerly by said Swanson land, a distance of 569 feet, more or less, until it comes to the northerly boundary line of said Swanson land, a distance of 510 feet, more or less, to a stone wall, running northerly along a stone wall, a distance of 468 feet, more or less, to the point of beginning or however otherwise the same may be bounded and described. EXCEPTING, however, from this conveyance, Burial Ground or Burial Grounds, situated and being in the above described premises, without limitation of title, together with right of way or rights of way to and from said Burial Ground, as is more fully described in a deed to George W. Brightman from his father by a deed dated December 15, 1907 recorded in Book 30, page 604 of the Land Evidence Records of said Town and recorded in Book 30, page 654 of said Records. SECOND TRACT: beginning at a point on the southerly side of the Old Post Road, called "A", called "A" wall marking the northeasterly corner of the premises hereby conveyed at the southeasterly corner of the southerly boundary of the first tract of land described above, running southerly bounded easterly by or formerly of Mr. Swanson land, a distance of 45 feet, more or less, until it comes to the northerly boundary line of said Latin land, a distance of 45 feet, more or less, until it comes to the northerly boundary line of the second tract of land described above, running easterly along said boundary line Old Post Road, a distance of 25 feet; thence running and turning southerly, maintaining a distance of 25 feet distant from and parallel to said boundary line of the first tract of land described above, a distance of 45 feet, more or less, until it comes to boundary line of the Old Post Road; thence turning and running easterly, bounded northerly by said Old Post Road, a distance of 25 feet to the point and place of beginning. This mortgage is made upon the STATUTORY CONDITION 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 notice of such sale. And in addition to the provisions for insurance against the loss from fire herein before made, provided, and contained, it is in the words "with the mortgage covenants" as provided by law, this mortgage is subject to the ADDITIONAL COVENANT and AGREEMENT of the Mortgagors to keep and maintain further and additional insurance against loss by other such hazards as calamity, earthquakes as the Mortgagee or the other may specify, or the Mortgagee may, at any time from or time to time from time, under the same terms and conditions as herein provided for said fire insurance; and if default shall be made in the performance or observance of any part of said ADDITIONAL COVENANT and AGREEMENT, it shall be lawful for the Mortgagee or the other to hold the mortgage, to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we, the said Mortgagors release to the Mortgagee all our right of curtesy and dower and all the other rights and/or interest, statutory or otherwise in the aforementioned premises. WITNESS our hands the 7th day of July, A. D. 1961. HENRY M. BRIGHTMAN AGNES BRIGHTMAN STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly, on the 7th day of July, A. D. 1961, before me personally appeared HENRY M. BRIGHTMAN and AGNES BRIGHTMAN, husband and wife, both to me known and by me to be the parties executing the foregoing instrument, and they severally acknowledged same instrument, by them executed, to be the free act and deed. CHARLES F. TRUGGETTO Notary Public (FOR DISCHARGE OF ABOVE MORTGAGE, SEE PAGE 83) Received for record July 18th, A. D. 1961 at 2:22 o'clock, and recorded by