7/31/1962 · MORTGAGE · book 38 page 420 doc 7525@38/420

420 MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That We, REGINALD E. MAINE and MARY MAINE, husband and wife, of the Town of Charlestown, County of Washington and State of Rhode Island hereinafter called the Mortgagors, for consideration paid, grant to WESTERLY COMMUNITY CREDIT UNION, a corporation created under the laws of the State of Rhode Island and having a place of business in the said Town of Westerly, hereinafter called the Mortgagee, with the MORTGAGE COVENANTS, to secure the payment of ************FOUR THOUSAND EIGHT HUNDRED 00/100 ************ ($4,800.00) DOLLARS in Ten (10) years with interest at Six (6%) per centum annual, payable monthly, as provided in a certain negotiable promissory note of even date herewith, That certain parcel of land or part of parcel, together with the buildings and improvements now or hereafter erected thereon, including any portable or sectional buildings, all screens, storm doors and windows, swings, stoves, benching, plumbing, gas and electrical fixtures, oil burners, air conditioning units, and other equipment of whatever kind necessary kid necessary or incidental to the property or use thereof, now occupied or on hereafter elected upon said premises, prior to the full payment and discharge of this mortgage, all of which are declared to be part of the realty situated in the Town of CHARLESTOWN, County of Washington and State of Rhode Island, bounded and described as follows, to wit: Beginning at a stone post by the side of a whole cut axe the highway leading from Carolina to Wood River (Junction) then s southeasterly corner path in a south easterly direction to a stone post at plane in the land of some [?] & Kenyon, henceforth southeasterly in a south easterly direction to a stone post at plane in the land of Father and Kenyon at a boundary line henceforth southeasterly by boundary of said Kenyon to a stone post at angle in the line of land of said Kenyon at a boundary line henceforth southeasterly by boundary of said Kenyon to a stone post at angle in the land of said Kenyon at a boundary line henceforth easterly, boundary northerly by said highway to the place of beginning, or otherwise the conveyor same then by a boundary described. Meaning and intending to convey the same premises as were conveyed to the Mortgagors herein, in said by the Mortgagee’s copy of Deed in Plat 73, Lot 59, 1954, and Recorded in Land Evidence of said Charlestown, R. I., in Book No. 34 Page 73-74, to which deed and the record thereof referenced is here made and said. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE provided, however, that a foreclosure may be held upon the premises or elsewhere at the option of the Mortgagee, as specified in notice of such sale. This mortgage is made subject to those additional agreements and covenants contained in that instrument entitled, "ADDITIONAL COVENANTS OF MORTGAGORS OF WESTERLY COMMUNITY CREDIT UNION," executed herewith by the mortgagors, a copy of which has been received by the mortgagors, the exact terms of which are on record in said Town of Charlestown, in the Land Records thereof in Book No. 38 at page 21. Said agreements and covenants are by reference made part of this mortgage, and if default shall be made in the observance or performance of any of the same, it shall be lawful for the mortgagee to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforementioned, We, the said Mortgagors release to the Mortgagee all our right of curtesy and dower and all other rights and/or interest, statutory or otherwise in the aforementioned described premises. WITNESS our hands this 27th day of July, A.D., 1962. REGINALD E. MAINE MARY MAINE STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly, on the 27th day of July, A.D. 1962, before me personally appeared REGINALD E. MAINE and MARY MAINE, husband and wife, both to me known and known by me to be the parties executing the foregoing instrument, and they severally acknowledged same said instrument, by them executed, to be their free act and deed. CHARLES P. TRUZZETTO Notary Public Received for record July 31st A.D., 1962 at 10:29 o'clock a.m., and recorded by [Signature] Deputy Town Clerk (For Discharge of above mortgage, see Book 39, page 61,6)