8/15/1962 · MORTGAGE · book 38 page 455 doc 7563@38/455

455 KNOW ALL MEN BY THESE PRESENT: That We, ROBERT M. THOMPSON and MARGARET F. THOMPSON, husband and wife, of Old Saybrook, Connecticut, hereinafter called the "mortgagors," in consideration of Three Thousand Five Hundred & 00/100 ($3,500.00) - - - - - Dollars, to us paid by INDUSTRIAL NATIONAL BANK of Rhode Island, a national banking association organized and existing under the laws of the United State 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 heretofore and bearing the serial number hereof, the following: That certain tract or parcel of land, together with the buildings and other improvements thereon, situated on the westerly side of Upland Road, no-south, at Concomutcong beach in the Town of Charlestown, County of Washington and State of Rhode Island), bounded and described as follows: Being shown and delineated as Lot Number 160 on that certain plat or plats entitled, " Plat of Concomutcong Island & Concomutcong Beach, as shown on Map of S. H. Davis, Leon L. Holland, C. E., Good to the 1st inch, February 1956," recorded in the Charlestown Land Evidence Records, Book 34, page 41. Together with all the rights, privileges, easements and restrictions of record appurtenant thereto. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALES 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 that a foreclosure sale may be held upon the premises or else- where 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 copy thereof having this day been received by the mortgagor, the receipt whereof is hereby acknowledged, the exact terms 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 made in the performance or observance 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 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 August 10 day of ______, 1962. Executed presence of Robert M. Thompson Margaret F. Thompson Fred Rayner INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the ____ day of August 10, 1962, before me personally appeared the above named ROBERT M. THOMPSON and MARGARET F. THOMPSON, 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 act and deed. MARGARET A. SHERRA Notary Public Received for record August 15 A.D., 1962, at 9:07 o'clock a.m., and recorded by [Signature] Deputy Town Clerk DISCHARGE OF MORTGAGE Industrial National Bank of Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the (and Bridgemont) (Real Estate Mortgage) Records in the Town of Charlestown in Book 38 at page 455, does hereby cancel and discharge the same, 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 hereunto affixed by its proper officers or representatives heretofore duly authorized, this 1st day of May A. D. 1965. INDUSTRIAL NATIONAL BANK of Rhode Island (Corporate Seal) By C. LOBERT SELHNER C. Robert Selhner, Manager By LILLIAN C. RAR Lillian C. Rae, Assistant Manager. Witness: Alma M. Rhodes Above Discharge of Mortgage received for record May 18th, A. D. 1965 at 2:40 o'clock, p. m., and recorded by [Signature] Town Clerk