7/23/1921 · MORTGAGE · book 19 page 467 doc 7401

316 STATE OF MASS. COUNTY OF WORCESTER In Fitchburg, on the 5th day of April, 1962, before me personally appeared Vernon S. Vincellette and Edith Vincellette, husband and wife, both to me known by me to be the parties executing the foregoing in- strument, and they acknowledged said instrument, by them executed, to be their free act and deed. Paul W. Dempsey (Notarial Seal) Notary Public Received for record on May 9th, 1962 A. D. and recorded at 11:20 o'clock A. M. by Town Clerk MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That We, WALLACE S. LAMB and EDITH G. LAMB, 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 THE WASHINGTON TRUST COMPANY, a corporation created by Act of the General Assembly of the State of Rhode Island, located and having its principal office and place of business in the Town of Westerly, County of Washington and State of Rhode Island, hereinafter called the mortgagee, with the MORTGAGE CONVEYANCE, to secure the payment of TWENTY-TWO THOUSAND and SIXTY ($22,060.00) Dollars, with interest thereon at the rates specified in a certain negotiable promissory note of the mortgagors, of even date here- with, said principal and interest being payable in monthly installments of THIRTY-EIGHT and 12/100 ($38.12) Dollars each on the 5th day of each successive month commencing June 5, 1962 until said principal and interest are paid in full; all as provided in said note, the following described land, together with all its buildings and improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereto belong- ing or in any wise now or hereafter appertaining, and together with and including as part of the realty, all hearing and air-conditioning apparatus, plumbing, stoves, storm doors and windows and gas, oil and electric fixtures, screens, screen doors, awnings, and other fixtures of whatever kind on said premises or hereafter placed thereon prior to the full payment and discharge of this mortgage, situated in the Town of Charlestown, County of Washing- ton and State of Rhode Island, and bounded and described as follows: A certain tract or parcel of land situated in the Town of Charlestown, County of Washington and State of Rhode Island, together with all buildings and improvements thereon, bounded and described as follows, to wit: Beginning at the northwest corner of the premises herein conveyed at the corner of walls at the westernmost boundary line of premises now or formerly of Thelma R. Clark; thence running souttherly bounded westerly by said line of premises now or formerly of Thelma R. Clark; thence running souttherly bounded easterly by said line of premises now or formerly of Thelma R. Clark; thence running southeasterly bounded southeasterly by said line, continuing southeasterly a distance of a few rods to the intersection of said line and a certain way, driveway or road, now travelled, at the southeasterly corner of premises of said Clark; thence running westerly, bounded southeasterly, by said way, road improved highway or driveway, or driveway, and partly by a fence, to the southwest corner of said way, road improved highway or drive- way, until it comes to the northwesterly corner of premises herein conveyed and the southeasterly corner of premises now or formerly of Sarah G. Corcoran; thence running northeasterly, bounded northeasterly, now or formerly of said Corcoran, until it comes to another corner of walls at the northeasterly corner of premises herein conveyed and the southeasterly corner of premises now or formerly of said Corcoran; thence running northeasterly, thence following a wall, born and mark in an easterly direction, or until it comes to the point designated and place of beginning, or however otherwise the same may be bounded. Being the same premises conveyed to the mortgagors herein by John F. Raposa, Jr. and Mildred L. Raposa, by deed dated May 24, 1957, recorded in the Land Evidence Records of the Town of Charlestown, R. I., in Book No. 36, on page 31. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, that a foreclosure may be held upon the premises or closure of the option of the mortgagee, as specified in the notice of such sale. This mortgage is made subject to those additional covenants and agreements contained in that instrument entitled ADDITIONAL COVENANTS OF MORTGAGORS OF THE WASHINGTON TRUST COMPANY, executed herewith by the mortgagors, a copy of which has this day been delivered to the mortgagors, the exact terms of which are on record in said Town of Charlestown, R. I., in Land Evidence Records Book 34 pages 369 and 370. Said agreements and

468 bargained premises in manner aforesaid, And that the said devised and bargained premises, with the appurtenances are free from all encumbrances, of what name or nature soever, that I might in any measure or degree, obstruct or make void this present deed grant said restrictions. Furthermore I, the said Grantor for myself and for my heirs, executors and administrators do covenant and engage the above devised premises to the said Trust Company its successors and assigns, against the lawful claims or demands of any person or persons whatsoever, forever to warrant, reassure and defend by these presents, subject as to said restriction And I do hereby covenant that I am unmarried. The consideration of this deed is such, that whereas I, the said Grantor have executed my negotiable promissory note for the sum of three thousand dollars bearing seal herewith and made payable to the said Washington Trust Company on some sixth month after date, with interest thereon at the rate of six per cent per annum, payable semi annually in advance. Now therefore, if I, the said Grantor or any other person for me shall fail paid note at maturity, together with the interest thereon according to the tenor thereof then this deed shall be void, otherwise shall be and remain in full force and effect. Furthermore, I, the said Grantor do hereby constitute and appoint the said Grantee its successors and assigns my attorney, irrevocable, with full power of substitution and revocation for me and in my name or in their name or names at any time, in case default shall be made in the payment of my said note, or of the annual interest due thereon, and such default shall continue for a term of ten days, to sell at public auction the premises aforesaid, or any part thereof, they first giving notice of the time and place of said sale by publishing the same albeit once a week for three consecutive weeks in some one of the public newspapers printed in said Westerly, and in my name, or in its or their own name or names, to make deed or deliver to the purchaser or purchasers thereof any deed or deeds that may be necessary to vest in such purchaser or purchasers an estate in the simple there in, and on sale thereof (hereby granting unto my said attorney power to continue in obligation such sale from time to time,) I do authorize said attorney to receive the amount for the same may be held for, and, after the payment of all the expenses

469 incident to such sale or sales, to apply and appropriate the residue hereof to the payment of the amount of principal and interest of said note hereby secured. I hereby agreeing that in case of a sale for default in the payment of said semi annual interest the principal of my said note shall be deemed due and payable on the day of such sale) accounting to me, my heirs and assigns, for all sums over and above the amount thereof I hereby ratifying and confirming such sale or sales as may be made or caused to be made by Fortune herse. Furthermore I do hereby grant for myself and for my heirs, executors administrators and assigns do hereby covenant with the said grantee its successors or assigns that insurance against loss by fire shall be kept and maintained upon the buildings in the premises aforesaid, in a sum not less than three thousand dollars and that the policy or policies of such insurance shall be assigned and transferred to the said grantee, its successors and assigns as collateral security hereto, and in default thereof do hereby agree that the said grantee, its successors or assigns may effect such insurance and the premium or premiums paid therefor shall be a further lien upon said estate added to the amount of said note and secured by these presents. In testimony whereof I have hereunto set my hand and seal this 22nd day of July AD 1921 Signed, sealed and delivered In presence of Thomas Berry Harold D. Livingstone Harden delk Pratt State of Rhode Island Washington S.S. I do hereby certify this 22nd day of July AD 1921 before me personally appeared Harden delk Pratt to me known, and known to me to be the individual described in, and who has executed the foregoing instrument, and the acknowledged said instrument to be his free act and deed. Harold D. Livingstone Notary Public Received for record July 25th 1921 at 4 o'clock PM and signed for George George Low Lora Clerk of the Magistrates Court Company having received full payment and satisfaction of the matters mentioned in the records of appointments of the Department of Public Works relating to the construction of a sewer in the Town of North Kingstown in connection with and under the powers mentioned in the agreement dated on February 28th day of March AD 1922. By George Low Lora Clerk (signed) Thomas Berry Notary Pub