5/23/1962 · MORTGAGE · book 38 page 333 doc 7422@38/333

333 MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS: That We, ALBERT E. GRIFFITHS, and LUCY W. GRIFFITHS, husband and wife, formerly of Port Washington, Nassau County, State of "new York, and New York, nom of Kenyon, R. I., hereinafter called the "mortgagors," in consideration of Twenty-three Thousand Five Hundred & 00/100 ($23,500.00) Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Rhode Island, a national banking association organized and existing under the laws of the United States of America, with its principal place of business in the City and County of Providence in the State of Rhode Island, hereinafter called the "mortgagee," the receipt whereof is hereby acknowledged, do hereby grant to the mortgagee, its successors and assigns forever, WITH MORTGAGE COVENANTS, to secure the payment of the principal and interest of a certain promissory note of the mortgagee of even date heretofore and bearing the serial number hereof, the following: The following described parcel of real estate, situated in the Town of Charlestown, County of Kent Washington and State of Rhode Island, and described as follows: Parcel No. 1 is a certain tract of land lying in a district called "The South Shore" and bounded as follows: BEGINNING at the southwest corner at a white stake some 194 feet near the highway, thence southerly to the shore of the ocean; thence easterly along the shore to the old Mill Road; thence northwesterly to the east corner of the fours, thence northwesterly along a stone wall to the land of Mrs. [?] ; thence easterly to the east corner of an old stone wall; a fence line extends; thus on land of formerly George A. Stanton to land of formerly Daniel H. Parsons; thence northwesterly along said fence to land of formerly Paul V. Parsons and land of formerly Daniel H. Parsons; thence northwesterly along the land of Jonathan H. Card to a corner in land of said family Card amongst my neighbor's land; thence southwesterly along said Card land to a stake and stone, thence easterly to land of formerly Amy MacPherson and land of formerly Mrs. [?] , thence northwesterly to a stake and stone, thence easterly on land of formerly Russell [?] , thence northwesterly along the land of Mrs. [?] , thence northwesterly to Christopher C. Chaplin, and ground around as the first mentioned bound, EXCEPTING, however, from said tract the surveying from said tract the approximatedly twenty acres of land conveyed by Nathaniel G. Whitford to Leo H. Grimmel and wife by deed dated December 12, 1911, recorded in the Charlestown land evidence Book 23, page 111 of said Land Evidence Book, in book 23, page 111, and page 184, and excepting also from said hereby conveyed tract the land taken by the State of Rhode Island for highway purposes. Parcel No. 2: A certain tract of land hereby conveyed by estimation 25 acres or more, some wet and dry, and bounded as follows: BEGINNING at the southeast corner of said lot at a stake and stone and bounded as follows: by land of formerly Daniel H. Parsons; thence running easterly on said land and land of formerly land of formerly Mason Green and Daniel Baxter; thence westerly in the same corner-bounding easterly on land of formerly Mason Green and Daniel Baxter; thence northwesterly on said land and by Seven and Baxter; thence on said Green and Baxter land until thence northwesterly along the same fence as the new boundary to the end of an old stone wall; thence southerly as said wall now stands to a stake and stone; thence running easterly to a stake and stone; thence running southerly to the shore of the ocean; the same may be bounded or de- scribed; EXCEPTING therefore any of said hereby conveyed tract included in the exceptions of Parcel No. 1 the heretofore described. EXCEPTING also that parcel of land conveyed by three mortgagors to Clifford L. Wudren by deed dated February 2nd, 1957 and recorded in Book 35, page 61 et seq of said Land Evidence Books. This mortgage is made subject to those additional covenants and agreements contained in a SUBSTITUTE TRUST AGREEMENT on FHA Insured Mortgages, dated this day, which have been required by the mortgagee, the receipt whereof is hereby acknowledged, the exact terms of which are on record in said Charlestown in Book 34, page 42, and such covenants and agreements are hereby by reference made part of this mortgage and shall in all respects be made in the performance or observance of any aspect of the same, it shall be lawful for the mortgagee to sell the above described premises to satisfy said mortgage. And for the consideration aforesaid, we, said mortgagors release to the mortgagee all right of (downer) (owner) and all other rights, statutory or otherwise, in the aforesaid premises. IN WITNESS WHEREOF, the mortgagors have executed these presents on the 22nd day of May 1962. Executed in presence of: Albert E. Griffiths Frank A. Shaw Jr. Lucy W. Griffiths INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY of Providence In Providence on the 22nd day of May, 1962, before me personally appeared the above named ALBERT E. GRIFFITHS and LUCY W. GRIFFITHS, to me and known by me to be the parties executing the foregoing instrument and ac- cepting the same, acknowledged said instrument by them executed to be their free act and deed. Herbert L. Perry Notary Public Received for record on May 23, 1962 A. D. at 9:50 o'clock A. M. and recorded by [Signature] Deputy Town Clerk For Partial Releases See Book 18 of said Book at pages 375-376 RELEASE OF MORTGAGE Industrial National Bank of Rhode Island, having received Full payment and satisfaction of the within mortgage, recorded in the (Land Evidence) (Real Estate) records of the Town of Charlestown in Mortgage Book 38 page 333, does hereby release, and discharge the same, and covenants to and with the person making said payment that it is the present owner of said mortgage. TO WITNESS WHEREOF, said Industrial National Bank of Rhode Island has caused these presents to be signed and its corporate seal to be hereunto affixed by its proper officers or representatives thereto duly authorized, this 23rd day of March A.D. 1976. (CORPORATE SEAL) INDUSTRIAL NATIONAL BANK OF RHODE ISLAND DONALD J. BERGERON, Official Assistant Received for record March 25, 1976, A.D. at 3:10 P.M. o'clock and recorded by [Signature] Deputy Town Clerk