12/4/1961 · MORTGAGE · book 38 page 186 doc 7248@38/186

186 MORTGAGE DEED I, Anne C. Grainger, of the Village of Pawcatuck, Town of Stonington, County of New London and State of Connecticut, for consideration paid, grant to The Stonington Savings and Loan Association, Incorporated, a corporation organized by and under the laws of the State of Connecticut, and having its principal place of business and being located in the Town of Stonington, County of New London and State of Connecticut, with MORTGAGE COVENANTS, to secure the payment of Eight Thousand Two Hundred ($8,200.00) Dollars with interest at six per centum, per annum, and principal and interest to be paid in equal monthly installments of Ninety-one and 04/100 ($91.04) Dollars each, as provided in a certain negotiable promissory note of even date herewith, which note, with all provisions therein is hereby made a part of this mortgage. (Description, and improvements, if any) That certain lot or parcel of land, with all buildings and improvements thereon, situated in the Town of Charlestown, County of Washington, State of Rhode Island, known and delineated as follows: Being Lot No. 1, shown on Plat Map No. 1, DRAWN by L. S. GIBSON in the Town of Stonington, R. I. Belonging to Everett Grainger & Symonds Colly. Refined R. Stewart, Surveyor, May 26, Revised June 17, 1942; said plat being filed in the Records of Land Evidence, said Town of Charlestown in Book 33, page 111. Being the same premises conveyed to the Mortgagee by deed of Peter N. Scott et ux, dated Feb- ruary 1, 1957 and recorded in Charlestown Land Evidence Records in Book 35, Page 602, and subject to the restrictions and reservations in said indenture therein contained. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. I, Henry B. Grainger, husband of the mortgagor, release to the mortgagee all my respective right of courtesy and all other interest in the aforementioned premises. WITNESS our hands this 30th day of November 1961. ANNE C. GRAINGER HENRY B. GRAINGER In presence of s Nichollas Tarrant STATE OF CONNECTICUT County of New London In Pawcatuck on the 30th day of November, 1961 before me personally appeared Anne C. Grainger and Henry B. Grainger, husband and wife, 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. THOMAS J. CAPARES Commissioner of the Superior Court Received for record December 4th, A. D. 1961 at 9:05 o'clock, a. m., and recorded by [Signature] Town Clerk ---- DISCHARGE OF MORTGAGE The Stonington Savings and Loan Association, Incorporated, the undersigned, having received full payment and satisfaction of the within mortgage recorded in the [?] of Charlestown in the State of Rhode Island, in the Land Evidence Records of said town, in Book 38, page 186, hereby cancels and discharges same. And covenants to and with the payer that said association is the present owner of said mortgage. In Witness, Whereof, on this 3rd day of April, 1963, said Association has caused these presents to be signed and its seal hereunto affixed by its proper office: he execute duly authorized. The Stonington Savings and Loan Association, Incorporated By Nicholas Parrant [Seal] (Corp Seal) Its Secretary Received for record April 5th A. D. 1963 at 9:05 o'clock, a.m., and recorded by [Signature] Deputy Town Clerk ---- MORTGAGE DEED We, Henry B. Grainger and Anne C. Grainger, husband and wife, both of Village of Pawcatuck, Town of Stonington, County of New London and State of Connecticut, for consideration paid, grant to The Stonington Savings and Loan Association, Incorporated, a corporation organized by and under the laws of the State of Connecticut, and having its principal place of business and being located in the Town of Stonington, County of New London and State of Connecticut, with MORTGAGE COVENANTS, to secure the payment of Twenty-five Thousand ($25,000.00) Dollars with interest at six per centum, per annum, said principal and interest to be paid in equal monthly installments of One Hundred Seventy-nine and 12/100 ($179.12) Dollars each, as provided in a certain negotiable promissory note of even date herewith, which note, with all provisions therein contained is hereby made a part of this mortgage.

(Description, and Incumbrances, if any) situated at "Shady Harbor," so-called, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: Beginning at a point on the easterly side of a 40-foot street or road, as shown on plat hereinafter referred to, at a pine drive driven into the ground at the northeasterly corner of the premises herein conveyed, thence running south east by east, being a line distance of 170 feet, a pine drive being driven into the ground and continuing thence in the same straight line a distance of 26.00 feet, thence south east by east, to the pine drive driven into the ground at the northeasterly corner of the premises herein conveyed; thence running southerly along the westerly shore of some brook a line distance of 23.00 feet, thence east by south, to the pine drive driven into the ground at the southeasterly corner of the premises herein conveyed; thence running westerly along some wall a distance of 8.00 feet, more or less, to a nail in a post; thence running north west by north, to the southeasterly corner of the premises herein conveyed; thence running westerly along some wall a distance of 110 feet at an interior angle 11° 20' and running northeasterly a distance of 105.71 feet to a drill hole; thence at an interior angle 11° 20' and running northeasterly a distance of 105.71 feet to a drill hole; thence at an interior angle 11° 20' and running northeasterly a distance of 105.71 feet to a drill hole; thence at an interior angle 11° 20' and running northeasterly a distance of 105.71 feet to a drill hole; thence at an interior angle 11° 20' and running northeasterly a distance of 66.00 feet to a nail driven in the ground on the easterly line running parallel to said street or road yet running at an interior angle of 105° 04' and running northeasterly until arriving at the easterly line of said street or road at an interior angle of 105° 04' and running northeasterly until arriving at an interior angle of 134° 29' and running northeasterly along the easterly line of said street or road, a distance of 68.00 feet to the point of beginning of these premises. Being the same premises seen shown and delineated on that certain plat or map entitled, "Property to be conveyed to Dr. Henry B. Grainger by Everett B. Grainger and Lucy Grainger Shadie Harberson, R.I.," dated December 1st, 1936, which plat is now recorded in the Registry of Land Evidence in the Town of Charlestown. The above described premises also comprise a portion of Lot No. 121 and a portion of Lot No. 122 on said plat, being part of the larger tract of land known as "S. Grainger's Farm", conveyed to Everett B. and Lucy L. Grainger Dec 3rd, 1936, Scale 1" = 40', Clifton Stewart, R.E. Survey, Land Surveyor's office but said plat being filed for reference purposes only in the Town of Charlestown, being here having and made for a more complete and detailed description of the premises herein conveyed. Also being the same premises conveyed to the mortgagors by deed of Everett B. Grainger et al dated June 29, 1961 and recorded in Charlestown Land Evidence Records in Book 38 at page 1; and subject to restrictions contained therein. This is a construction loan mortgage on buildings and improvements and on materials shipped in process of construction or repair, to be or erected or repaired, and the said mortgagors have agreed to make the loan herein described to be paid back with the mortgages on the buildings and improvements to be completed upon payment of the sum of $25,000.00 at the sole discretion and upon the satisfaction of said mortgagee, so that when all of the work on said premises shall have been completed to the satisfaction of said mortgagee, the mortgagors shall pay to said mortgagee such further sums as necessary to complete the full loan sum of $35,000.00 dollars, and the Mortgagors agree to complete the erection or repair of said buildings to the satisfaction of said Mortgagee within a reasonable time from the date thereafter or at the latest before the day of August 1, 1962. This mortgage is made under the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. We, Henry B. Grainger and Anne C. Grainger, husband and wife, the mortgagors, release to the mortgagee all our respective rights of curtesy and dower and all other interests in the aforesaid premises. WITNESS our hands this 30th day of November 1961. HENRY B. GRAINGER ANNES C. GRAINGER In presence of: Nicholas Terrant STATE OF CONNECTICUT COUNTY OF NEW LONDON In Pawcatuck on the 30th, day of November, 1961 before me personally appeared Henry B. Grainger and Anne C. Grainger husband and wife, 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. THOMAS J. CANAVRO Commissioner of the Superior Court Received for record December 4th A. D. 1961 at 9:07 o'clock, a. m., and recorded by [Signature] Town Clerk DISCHARGE OF MORTGAGE The Stonington Savings and Loan Association, Incorporated, The undersigned, having received full payment and satisfaction of the within mortgage recorded in the Town of Charlestown in the State of Rhode Island, in the Land Evidence Records in Book 38, page 186, hereby discharges and releases said mortgage and instruments to and with the paper that it is the present nonce of said mortgage. In Witness Whereof, said Association has caused these presents to be signed and its seal hereto affixed by its proper officer heretofore duly authorized, this 17th, day of December, 1962. The Stonington Savings and Loan Association, Incorporated (Corporate Seal) by Nicholas Terrant Its Secretary Received for record December 19, 1962 at 1:15 o'clock, p. m., and recorded by [Signature] Town Clerk