5/28/1962 · MORTGAGE · book 38 page 338 doc 7428@38/338

338 MORTGAGE DEED We, HARVEY C. SAFFORD and DORIS E. SAFFORD, husband and wife, both of the Town of Charlestown, County of Washington, and State of Rhode Island hereinafter called the mortgagor(s), for consideration paid, grant to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF PROVIDENCE, a UNITED STATES corporation, doing business in Providence, Rhode Island, hereinafter called the mortgagee, with MORTGAGE COVENANTS, to secure the payment of TWELVE Thousand 00 and 100/100 ($12,000.00) Dollars with interest thereon, as provided in a promissory note of even date herewith and to secure the payment and performance of any and all other present and future indebtedness and obligations, primary or contingent, direct or indirect, secured or unsecured, of the mortgagor(s) and other person(s) liable on said note and of the successors of, if any, in the title to the hereinafter described premises, or any of them, to the mortgagee, its successors or assigns with signs and accordance with the time and manner of payment and/or performance of said indebtedness and obligations. All and singular the following described land together with the buildings and improvements thereon and together with and including as part of the realty all portable or sectional buildings, heating apparatus, plumbing, ranges, mantels, storm doors and windows, oil burners, gas and oil and electric fixtures, screens, screen doors, swings, electric and gas refrigerators, air conditioning apparatus, and other fixtures of whatever kind and nature, on and inside premises, or hereafter placed thereon prior to the full payment and discharge of this mortgage, insofar as the same are by agreement of the parties to be made a part of the realty-- That certain lot or parcel of land, with all the buildings and improvements thereon, situated and bounded as follows: Beginning at a point in the shore line of Charlestown Pond at the southeasterly corner of the said pond parcel and at the southeasterly corner of line of road now or lately of Zenith L. Malley thence northerly bearing easterly on said road forty five and 10/100 feet to a point thence northerly bearing easterly on said road one hundred forty five and 10/100 feet to a point thence easterly bounding northerly on said road Eleven Lots a course four hundred twenty one (421) feet to land now or lately belonging to Harvey C. Safford thence northerly on said land one hundred forty five and 10/100 feet and conveyed by deed of "Harvey C. Safford to Fredericks B. Smith and wife, dated June 6, 1939 and recorded in Book 27 page 311" thence easterly bounding northerly on said land two hundred twenty one and 10/100 feet to a point thence westerly one hundred forty four (144) feet, crossing line of road, to an angle, thence southeasterly one hundred one (101) feet, running near said line angle three courses being with said lands northerly, to the line of a waterway (20 feet) foot width on the southeast side of the pond, thence southwesterly along said waterway to a point in the shore line of Charlestown Pond, as surveyed and platted June 1935, by Leon L. Holland, Civil Engineer, Registered, which said plat is recorded in the land evidence records of the Town of Charlestown in Book 27 page 311, and the land so described contains 1.44 acres and 425/1000 thence westerly bounding southerly on said waterway (20 feet) foot stretch in part and on Lot no. 6(x) on said plat, one hundred twenty four and 40/100 feet to a point thence southerly bounding easterly on said land one hundred twenty four and 40/100 feet, generally easterly on said Lot no. 6(x) one hundred six (106) feet, running near to, or crossing, the boundary line thence southeasterly bounding northerly on said land one hundred twenty four and 40/100 feet to the point of beginning. This mortgage is made under the STATUTORY CONDITION and with the STATUTORY POWER OF SALE provided, however, that a foreclosure sale under the statutory power of sale may be held on the premises or at the o-clock of the mortgagor(s) at the option of the mortgagee. The mortgagor(s) further covenant and agree for themselves, and their heirs, executors, administrators, successors and assigns to perform all the agreements and covenants contained in that instrument entitled, "ADDITIONAL COVENANTS OF MORTGAGE" which is recorded in the land evidence records of the Town of Charlestown in Book 27 page 311, and other covenants and agreements contained in evidence for said Charlestown in Book 27 page 445, which said instrument is specifically incorporated herein by reference, and to procure and maintain the premises in good order and condition and to keep said premises insured against loss by fire and other hazards as may be insisted and payable and deliverable as required by the mortgagee; that the mortgagee may make any payments which the mortgagor(s) has failed to make and add such other costs and expenses as may be reasonably incurred in making such payments with interest at the rate stipulated in said promissory note shall be counted as secured by this deed; and that the STATUTORY POWER OF SALE provided for in this deed shall be in addition to the power of sale contained in the STATUTORY POWER OF SALE at the same time as the existing at the time of the execution of this mortgage. All the covenants of the mortgagor(s) contained in this deed shall bind themselves, and their heirs, executors, administrators, successors and assigns and shall inure to the benefit of the mortgagee, its successors and assigns. And do for the consideration aforesaid we, HARVEY C. SAFFORD and DORIS E. SAFFORD, husband and wife, do hereby release all our respective rights of curtesy, dower and all other rights, statutory or otherwise, determined or in aid to the said granted premises unto the mortgagee, its successors and assigns forever. WITNESS our hands and seals this 24th day of May 1962. HARVEY C. SAFFORD (SEAL) DORIS E. SAFFORD (SEAL) In presence of Bernard S. Barrons STATE OF RHODE ISLAND County of Providence In Providence on the 24th day of May A. D. 1962 before me personally appeared the above named HARVEY C. SAFFORD and DORIS E. SAFFORD to me known and by me to be the persons executing the foregoing instrument and acknowledged the same to be their free act and deed. ROBERT S. BARRONS Notary Public (FOR DISCHARGE OF ABOVE MORTGAGE, SEE PAGE 339) Received for record May 28th, A. D. 1962 at 10:00 o'clock a. m. and recorded by Town Clerk [?]