9/18/1962 · MORTGAGE · book 38 page 503 doc 7621@38/503

503 KNOW ALL MEN BY THESE PRESENTS: That we, L. ANSON KENYON and PAULINE B. KENYON, husband and wife, of Charlestown, Rhode Island, (hereinafter called the "mortgagors," in consideration of Six Thousand Five Hundred & 00/100 ($6,500.00), Dollars, to be 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 of a certain interest and principal note of the mortgagor of even date herewith and bearing the serial number hereof, the following: That certain lot or parcel of land, together with the buildings and improvements thereon, located on the southeasterly side of the Post Road to Honeys Grove street, running southerly the westerly side of a proposed street running southerly from said Post Road to Honeys Grove, so-called, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: BEGINNING at the northeasterly corner of the parcel of land above mentioned described at a stone bound set on the southerly highway line of said Post Road opposite southerly from center line station 42.4 plus 97.49 as said southerly highway line extends southeasterly; then running southerly along the eastern lot line of Plat 20, Sheet No. 5, of Roads and Breakages Plat No. 720, Sheet No. 5; then southerly along the westerly line of said proposed street running southerly, turning at an angle slightly east of south, a distance of 386 feet 0 inches, a distance of 150 feet to an iron pipe; thence westerly at right angle to said proposed street, a distance coinciding, a distance of 150 feet to an iron pipe; thence northerly along the easterly lot line of Plat 20, Sheet No. 5, a distance of 386 feet 0 inches, thence east along the southerly highway line of Post Road; thence easterly along said highway line a distance of 150.36 feet to the point of beginning; Bounded northerly by said Post Road; and westerly and by westerly lot of land w. Monroe Moxie post street lot of land w. Monroe Moxie; and easterly by way of over said proposed street road. Being the same premises conveyed to the mortgagors by deed of W. Monroe Moxie et ux, recorded in the Charlestown Book 34 at page 509. This mortgage is made upon the Statutory Condition and with the Statutory Power of Sale provided; provided, that publication of notice of a Foreclosure sale may be made alternatively in a public newspaper published in the City of Providence, and that such publication shall be may alternatively be in lieu of posting notices on the premises mortgaged, as specified in said notice. This mortgage is made subject to those easements and covenants agreed and expressed in a STATEMENT OF COVENANTS AND RESTRICTIONS, a copy thereof having been this day received by the mortgagor, the receipt whereof is hereby acknowledged, and agreed to be part of this mortgage, as on record in said Charlestown Book 34 at page 509. Said covenants and agreements are hereby by reference made part of this mortgage, and if default shall be made in the performance of any of the terms of said agreement, it shall be deemed a default under this mortgage and the premises pursuant to said STATUTORY POWER OF SALE, it shall be deemed a default under this mortgage. And for the consideration aforesaid, we said mortgagors, release to the mortgagee all right of dower(m(curtesy) and all other rights, statutory or otherwise, in the above described premises. IN WITNESS WHEREOF, the mortgagors have executed these presents on the 17th day of September, 1962. Executed in presence of Fred Dwyer L. ANSON KENYON PAULINE B. KENYON INDIVIDUAL ACKNOWLEDGMENT STATE OF RHODE ISLAND COUNTY OF WASHINGTON In Westerly on the 17th day of September, 1962, before me personally appeared the above named L. ANSON KENYON and PAULINE B. KENYON, 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. MARGARET A. SERRA Notary Public Received for record September 18th, A. D. 1962 at 9:01 o'clock, a. m., and recorded by [Signature] Town Clerk ---- DISCHARGE OF MORTGAGE Industrial National Bank of Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the (Land Evidence)[Real Estate Mortgages] Record in the Town of Charlestown in Mortgage Book 38 at page 503, 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 TESTIMENT WHEREOF, said Industrial National Bank of Rhode Island has caused these presents to be signed and its corporate seal to be affixed thereto by its proper officers or representatives thermostly due authorized, this 27th day of May A. D. 1964. Patricia M. Crowley INDUSTRIAL NATIONAL BANK of Rhode Island By William C. Rae Assistant Cashier By Margaret R. Serra Per Pro Received for record May 27th, A. D. 1964 at 3:46 o'clock, p. m., and recorded by [Signature] Town Clerk