9/26/1962 · MORTGAGE · book 38 page 518 doc 7640@38/518

518 MORTGAGE DEED KNOW ALL MEN BY THESE PRESENTS, That we, WILLIAM A. PRESCOTT, a widower, un-remarried, and VIRGINIA P. CHOINIERE, both of the Town of Westerly, County of Washington and State of Rhode Island, hereinafter called the mortgagors, for consideration paid, grant to the WASHINGTON TRUST COMPANY, a corporation created by Act of the General Assembly of the State of Rhode Island, located and having its principal office and place of business in the Town of Westerly, County of Washington and State of Rhode Island, hereinafter called the mortgagee, with MORTGAGE COVENANTS, to secure the payment of SIXTY-FIVE THOUSAND and 00/100 ($65,000.00) Dollars, with interest thereon at the rates specified in a certain negotiable promissory note of the mortgagors, of even date herewith, said principal and interest being payable in monthly installments of SIXTY-ONE 77/100 ($61.77) Dollars each on the 25th day of each successive month commencing December 25 1962 until said principal and interest are paid in full, all as provided in said note, the following described land, together with all buildings and other improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereunto belonging or in any way now or hereafter appertains nipple, and together with and including as part of the realty, all heating and air-conditioning apparatus, plumbing, stoves, doors and windows, gas, oil and electric fixtures, screens, screen doors and shutters, etc or fixtures whatever of kind said premises or hereafter placed thereon until the full payment and discharge of this mortgage, situated in the Town of Charlestown, County of Washington and State of Rhode Island, and bounded and described as follows: A certain parcel or part of land located on the easterly side of Sunset Avenue, so called, at Quonsetpoint Beach, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and described as follows: Commencing at a point on the easterly side of Sunset Avenue, so called, at the southeasterly corner of land now or formerly of Sarah B. Bertch, and uth thence northerly furtherm (20) feet to the beginning of a line running northerly forty (40) feet to the point thence northerly one hundred (100) feet to the beginning of a curve running easterly one hundred twenty (120) feet to the northeasterly corner of the land of Sarah B. Bertch, so called; thence running southeasterly one hundred seventy (170) feet along Sunset Avenue and Se Breeze Avenue, so called; thence running and running southeasterly seventy (70) feet, to the southeasterly corner of the premises of the above named Sarah B. Bertch and running northeasterly one hundred fifty (150) feet to a point, being the edge of pond, bounded northerly by Sunset Avenue and Se Breeze Avenue, easterly and southerly by land now or formerly of Sarah B. Bertch and westerly by Sunset Avenue. being and intending to convey the northerly seventy (70) feet of Lot No. 43 as shown on that certain plan or plat entitled, "Quonsetpoint Beach, property of Charlestown Estates, Inc." made in a scale of 50 feet = 1 inch, July 1936, and being a part of the land conveyed to the mortgagors by the mortgagees herein by Wood R. Tharp, by deed dated May 16, 1959, recorded in the Land Evidence Records of said Town of Charlestown, R. I. in Book 34, page 369 and 370 et seq. This conveyance carries all the benefits and privileges and is subject to all covenants and agreements as are now of force in the chain of title. I, William L. Prescott, hereby covenant that I am a widower, un-remarried. This mortgage is made upon the STATUTORY CONDITIONS and on the STATUTORY FORM OF SALE, provided, however, that a foreclosure may be held upon the premises or elsewhere at the option of the grantees, as specified in the note of loan said. This mortgage is made subject to those additional agreements and covenants contained in that instrument entitled ADDITIONAL CONDITIONS OF MORTGAGEES of WASHINGTON TRUST COMPANY executed by the mortgagors, a copy of which has been delivered to the mortgagees and is now attached hereto and made a part hereof, and is recorded in said Town of Charlestown, R. I. in Land Evidence Book record 34 and pages 369 and 370, said agreements and covenants as part of this mortgage are by reference made part of this mortgage and the mortgagees shall have all the advantages of it, and in all respects shall be as fully operative as if the same were described to the above described premises pursuant to said STATUTORY FORM OF SALE. And for the consideration aforesaid, I, JOSEPH F. CHOINIERE, husband of Virginia P. Choiniere, mortgagor in hereinabove premises do hereby release to the mortgagees all my right of currage and all other rights, statutory and otherwise aforesaid premises. WITNESS our hands this 20th day of September, A. 1962. WILLIAM A. PRESCOTT VIRGINIA P. CHOINIERE JOSEPH F. CHOINIERE Executed in presence of Robert R. Perry STATE OF RHODE ISLAND County of Washington In Westerly, on the 20th day of September, 1962, before me personally appeared the above named WILLIAM A. PRESCOTT, VIRGINIA P. CHOINIERE and JOSEPH F. CHOINIERE, all to me known and by me to be the parties executing the foregoing instrument, and they severally acknowledge said instrument to be their own free act and deed. ELIZABETH R. BENNICK (Notary Seal) Notary Public Received for record September 26th, A. D. 1962 at 10:31 o'clock, a. m., and recorded by [Signature] Town Clerk