6/5/1962 · MORTGAGE · book 38 page 356 doc 7451@38/356

356 KNOW ALL MEN by THESE PRESENTS: That We, HERMON H. HARGRAVES and HELEN HARGRAVES, husband and wife, of Charlestown, Rhode Island, hereinafter called the "mortgagors," in consideration of Four Thousand & 00/100 ($4,000.00) 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 mortgagor of even date herewith and bearing the serial number below, the following: A certain tract or parcel of land, with the buildings and improvements thereon, situated in the Village of Carolina, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: Bounded on the north by land now or formerly of Albert A. Saunders; on the east by the Main Street, Province road on the south and west by land now or formerly of Edwin A. Kenyon; or otherwise wise bounded and described. Being the same premises conveyed to the mortgagors by two deeds, one from Agnes Whitney and one from Stella F. Goundren, both dated September 1, 1959, recorded in Book RI at pages 252 and 253, respectively, of the Charlestown Land Evidence records, and said premises are subject to the conditions contained in said deeds. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper published in the City of Providence in the State of Rhode Island, said premises to be sold upon the premises or at the office of the mortgagee, as specified in said notice. This mortgage is made subject to those additional covenants and agreements contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having been exhibited to us and receipt thereof acknowledged by the mortgagors in the receipt clause of this mortgage which are on record in said Charlestown Book 24, at page [?] and are hereby incorporated herein by reference made to the part of this mortgage said to be subject to them. Said covenants and agreements are by reference made part of this mortgage and shall be lawful for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for and in consideration aforesaid, we said mortgagors release to the mortgagee all right of (dower)& (curtesy) and all other rights, statutory or otherwise, in the aforementioned premises. IN WITNESS WHEREOF, the mortgagors have executed these presents on the first day of June, 1962. Executed in presence of P. J. Dowling HERMON H. HARGRAVES HELEN HARGRAVES INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND, COUNTY OF WASHINGTON, ss. In W Wakefield, on the 1st day of June, 1962, before me, personally appeared the above named Hermon H. Hargraves and Helen Hargraves, to me known and by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free and deed act. S. TAYLOR Notary Public My Commission expires June 30, 1966. Received for record June 5th, A. D. 1962 at 9:00 o'clock, a.m., and recorded by [Signature] Town Clerk ---- DISCHARGE OF MORTGAGE Industrial National Bank of Rhode Island, having received fullpayment and satisfaction of the within mortgage, recorded in the (Land Evidence) (Real Estate Mortgage) Records in the Town of Charlestown in Mortgage Book 38 at page 356, dated June 1, 1962, and now, and covenants to and with the person making said payment that it is the present owner of said mortgage. IN TESTIMONY WHEREOF, said Industrial National Bank of Rhode Island has caused these presents to be signed, and its corporate seal to be witnessed hereby by its proper officers or representatives therunto duly authorized, this 14th day of November, A. D. 1971. NANCY BUTCHINSON INDUSTRIAL NATIONAL BANK of RHODE ISLAND (Corp Seal) By: HUBERT C. SCOT THEODORE Manager Received for record November 16th A. D. 1971 at 1:00 o'clock, p.m., and recorded by [Signature] Town Clerk