10/19/1962 · MORTGAGE · book 38 page 547 doc 7681@38/547

547 STATUTORY FORM WARRANTY DEED KNOW ALL MEN BY THESE PRESENTS, That I, DAISY L. HATHAWAY, of the Town of Charlestown, Rhode Island, for consideration paid, grant to RONALD C. DOVE and ELIZA B. DOVE, husband and wife, of Laconia, Louisiana, as joint tenants with the right of survivorship and not as tenants in common, with WARRANTY COVENANTS:-- That certain tract or parcel of land with the buildings and other improvements thereon, situated and lying on the north side of the Old Post Road, 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 Old Post Road at an iron pipe driven in the ground and paid with cement, which point is the southeasterly corner of the parcel herein described and the southeastern corner of lot of Robert M. Smith et al, whose then boundary went north by east South 44 1/2 deg East, 144 feet, to a point, the northerly corner of the parcel herein described at the land of the State of Rhode Island known as Burnside Reservation 875 feet, more or less, to the land now or formerly of W. Moore-House at site, 400 feet, more or less, thence westerly along the northerly curve of the road known as Burnside Reservation to the south angle between said South Road 800 feet, more or less, to a corner, thence southeasterly 400 feet, more or less, to the land of the State of Rhode Island known as Burnside Reservation 800 feet, more or less, to the Old Post Road, bounding easterly, southerly and easterly on the line of the road and the land of the State of Rhode Island known as Burnside Reservation 800 feet, more or less, on the last three dimensions by said Rhode Island thence westerly along the north side of the Old Post Road 800 feet, more or less, to the point and place of beginning, bounded southerly by said Post Roads; or however otherwise bounded and described. And I, said grantor, covenant that I am a widow and have not remarried. IN WITNESS WHEREOF, I have hereunto set my hand and seal this 15th day of October, 1962. DAISY L. HATHAWAY STATE OF RHODE ISLAND, COUNTY OF WASHINGTON, In Westerly, on the 15th day of October, 1962, before me personally appeared DAISY L. HATHAWAY, to me known and known by me to be the person executing the foregoing instrument, and she acknowledged said instrument, by her executed, and known by me to be her free act and deed. FRANCIS C. LATROF (Notarial Seal) Notary Public My Commission expires June 30, 1966. (DOCUMENTARY STAMPS, $38.50) Received for record October 16th, A. D. 1962 at 10:40 o'clock, a. m., and recorded by [Signature] Town Clerk ---- HOME IMPROVEMENT NOTE Charlestown, R. I., October 4, 1962. $2965.68 FOR VALUE RECEIVED I/we (jointly and severally, if more than one person) promise to pay to the Seal Tight Co Inc., or order, at Security Acceptance Corp of Rhode Island, Providence, R. I., the sum of Two thousand Nine hundred sixty-five and 68/100 Dollars in 60 consecutive monthly installments of $55.27 each, first installment to be payable November 15, 1962 and the remaining installments to be payable on the same date of each month thereafter until payment in full is made. Interest is 7%. This note shall, at holder's option, be come immediately due and payable without notice of demand upon occurrence of any of the following events: default in payment of any installment hereunder; death, insolvency, or appointment of a receiver of any property of any maker, endorser, or guarantor hereof; filing of a petition in bankruptcy by any maker, endorser, or guarantor of any proceedings under any bankruptcy or insolvency laws by any agent such maker, endorser, or guarantor, or if any statement contained in the written applications of the loan be materialy untrue. If default in payment of any installment hereunder occurs and continues for a period of six months after maturity date, the undersigned agree to pay, in addition to other security debts, for not exceeding six months after six months maturity date a sum equal to one per cent per month on the unpaid balance of this note, if the holder refers this note to any attorney for collection, all costs and expenses of such action including a reasonable fee for said attorney. The consequences of such default are that the holder may accelerate the maturity of this note and demand payment in full or any installments may be set before its due date in advance by any of the undersigned. Any deposits or other sums at any time created by or due from the holder to any of the endorsers or any endorser or guarantor hereof or in the possession of the holder may at all times be held and treated as collateral security for the payment of this note and any and all other liabilities, direct or indirect absolute or contingent, of such endorser or guarantor, respectively, to the holder hereof. The holder may apply or set off such deposits or other sums against such liabilities at any time in the case of makers, but only with respect to matured liabilities in the case of endorsers or guarantors.

548 The makers, endorsers and guarantors of this note severally waive demand, present, protest, presentment and notice of dishonor, and I, Elwin A. Sherman or I we, do hereby irrevocably constitute and appoint Security Acceptance Corporation of Rhode Island, a Rhode Island Corporation duly organized by law and having a usual and main place of business within the Town of North Providence, State of Rhode Island (said Corporation to act by any of its Officers) my or our attorney and deliver to said Corporation a power of attorney to confess judgment against me or us for the sum of $2,000.00, and acknowledge and deliver to Security Acceptance Corporation of Rhode Island, or its assigns a mortgage upon my or our real estate real estate described in the deed referred to hereinabove, to secure the payment of the said note and interest thereon, and costs of suit, to remedy, however revoking all powers of attorney or substitutions whatever in the premises, giving and granting unto said Corporation or its assigns full power and authority to do every act and thing necessary, lawful, reasonable, requisite, necessary or proper to be done to accomplish the above purposes, as fully, to all intents and purposes, as if I or we might or could do or perform it personally, and to acknowledge and deliver any judgment entered against me or us, and that my or our seal set hereto, or the seal of my or our attorney, or its substitute, shall fully effectuate do or cause to be done, by virtue thereof. In Witness whereof, I or we hereunto have set our hand(s) this 4th day of October 1962. In the presence of: Stanley J. Grycema Witness Signature ELWIN A. SHERMAN (L. S.) SIGNATURE REVA E. SHERMAN (L. S.) County of Kent in Warwick STATE OF RHODE ISLAND free act and Then personally appeared the above named and acknowledged the foregoing instrument to be deed, before me on CARL L. CARLSON (Notarial Seal) Notary Public My Commission expires June 30, 1966. INCOGNMENT WITH RESOURCE Pay to the order of SECURITY ACCEPTANCE CORPORATION of Rhode Island without recourse to the undersigned; and the undersigned waives in favor of said Corporation and any subsequent holder of said note any notice of dishonor and protest and all items, if any, to which the undersigned is entitled by reason of said note or contract. The undersigned certifies and guarantees that the (signature(s) of the maker or makers on this note is/are genuine. THE SEAL TIGHT CO INC By Stanley J. Grycema Pres. Received for record October 19th, A. D. 1962 at 9:05 o'clock, a. m., and recorded by [Signature] Town Clerk ---- MORTGAGE DEED (Statutory Form) We, Elwin A. and Reva E. Sherman, of the Town of Charlestown in the State of Rhode Island, by our Attorney, Security Acceptance Corporation of Rhode Island, a Rhode Island Corporation having its principal place of business in North Providence in said State, for consideration paid sum, grant to said SECURITY ACCEPTANCE CORPORATION OF RHODE ISLAND, with MORTGAGE COVENANTS, to secure the payment of Two Thousand Nine Hundred Sixty-two and 68/100 Dollars ($2,962.68), as provided in a certain negotiable promissory note dated October 4, 1962. That certain lot of land with all buildings and improvements thereon located at South County Trail in the Town of Charlestown, in the State of Rhode Island, designated as Lot [?], on Plat [?], made use of the Town Tax Assessor of said Town for the assessment as of December 31, 1961, and being the same real estate conveyed to us by deed from Leon M. Grinnell [?], which is recorded in the records of land evidence of said Town, in Book 37 at page, 490. Subject to a prior mortgage to Leon M. and Pearl M. Grinnell [?], which is recorded in said records in Mortgage Book 37, at page 491. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE. WITNESS our hands, this 15th day of October, 1962. Elwin A. and Reva E. Sherman By our Attorney, SECURITY ACCEPTANCE CORPORATION OF RHODE ISLAND By CHRISTOPHER W. BARLETT, JR. Christopher W. Bartlett, Jr VICE PRESIDENT