7/20/1962 · MORTGAGE · book 38 page 408 doc 7512@38/408

408 KNOW ALL MEN BY THESE PRESENTS: That WE, CHARLES W. VANWETERING and ELSPETH F. VANWETERING, husband & wife of White Plains, New York, hereinafter called the "mortgagors," in consideration of Tevai Thousand Four Hundred & 00/100 ($12,400.00) 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 mortgagees, 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 oven date herewith and bearing the serial number hereof, the following: That certain tract or parcel of land, together with the buildings and improvements thereon, situated in the town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: BEGINNING at a point on the northerly side of the line of taking of the State Highway commonly called "Post Road," at the northeasterly corner of land now or formerly of Kenneth S. Prosser; and running southeasterly therefrom along the line of said Prosser's land, said line running southeasterly was previously said land of Kenneth S. Prosser, a distance of two hundred feet thence running southeasterly along the line of land of Kenneth S. Prosser, thence running a bearing slight north southerly a distance of two hundred feet, or until it crosses the northerly side of the taking line of said State Highway; thence turning and running westerly along the south side of the line of taking of said State Highway, a distance of two hundred feet to the point of beginning. Bounded westerly by said land of Kenneth S. Prosser, northerly and easterly by land now or formerly of Laura W. Prosser, and southerly by the line of taking of the State Highway either as now or formerly bounded or described. Being the same premises conveyed by the mortgagees by deed of Kenneth S. Prosser, dated November 2nd, 1961 and recorded in Book 34, at page 160 of the Charlestown Land Evidence Records. This mortgage is made upon the STATUTE 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 and County of Providence, and said sale may be held upon the premises or elsewhere at the option 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 corp thereof having been executed and delivered by the mortgagors, to receipt whereof they hereby acknowledge, the provisions of which are on record in said Charlestown in Book 34, at page 40, said covenants and agreements are hereby by reference made part of this mortgage, and if default shall be performed in the performance of any of said covenants, said deed shall be lawful for the mortgagees to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid mentioned, 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 19th day of July, 1962. Executed in presence of Harold B. Soloveitzik CHARLES VAN WETERING ELSPETH F. VANWETERING INDIVIDUAL ACKNOWLEDGEMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 19th day of July, 1962, before me personally appeared the above named CHARLES W. VANWETERING and ELSPETH F. VANWETERING, to me known and known by me to be the parties executing the foregoing instrument and acknowledged said instrument by them executed to be their free act and deed. HAROLD B. SOLOVEITZIK Notary Public Received for record July 20th, A. D. 1962 at 9:15 o'clock, a. m., and recorded by [signature] Town Clerk