5/17/1965 · RELEASE · book 38 page 575 doc 7715@38/575

575 all as provided in a promissory note of even date herewith and, also to secure the performance and observance of all covenants and agreements herein contained, That real estate, together with all buildings and improvements now or hereafter erected thereon, and all plumbing, heating, lighting and other fixtures, equipment and articles now or hereafter attached thereto, situated in the Town of Charlestown, Rhode Island, and described as follows: That land, with all buildings and improvements thereon, situated in Charlestown, Rhode Island, on Elizabeth Cooper Drive, and described as Lot 23 (Twenty-three) on "Panoramic View Terrace Plat of Land in the Town of Charlestown, R. I.," prepared by Stanley Cooper, Surveyor, and recorded in Plat Book 33, page 109, Archive of the Town Civil Engineer." Said plat is recorded in "Deed Book 37, between pages 174 and 175." Together with the right in common with others, to use for the parking of a motor vehicle at any time, and as often as desired, that Lot or Charlestown Beach designated as Lot 6 (Six) on "Werlin's Plat in the Town of Charlestown, R. I.," surveyed by Charles M. Werlin April 1927, Leon L. Holland Civil Engineer." Said plat is recorded in Deed Book 34 page 72. Subject to restrictions of record, and to a prior mortgage to Fairhaven Credit Union. This mortgage is made subject to the STATUTORY POWER OF SALE, 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 elsewhere at the option of the mortgagees, as specified in said notice. The mortgagors make the following additional covenants and agreements: That the mortgagors shall keep the mortgaged premises covered by insurance in such form and in such company or companies as shall be satisfactory to the mortgagees in an amount approved by the mortgagees; and including insurance against such casualties and contingencies as the mortgagees may require. That all policies of insurance in said case may be payable in case of loss to the mortgagees. That the mortgagors shall keep all buildings upon the mortgaged premises in good repair, and shall not cause or permit any waste, demolition, or removal. That in the event that the title to all or any part of the mortgaged premises shall for any reason pass from the owner of the said premises without the written consent of the mortgagees, then the mortgagees, may, at its option, immediately declare the entire debt due and payable. Notes of the exercise of any option granted herein, or in the note secured hereby, is not required to be given. The covenants herein contained shall bind, and the benefits and advantages shall inure to, the respective heirs, executors, successors and assigns of the parties hereto. Whenever used, the singular number shall include the plural, the plural the singular, and the use of any gender shall be applicable to all genders. And for the consideration aforesaid we, JOSEPH GABRIEL and IRENE T. GABRIEL release to the mortgagees all our right of curtesy and dower and all other rights, statutory or otherwise, in the aforementioned premises. WITNESS our hands this 9th day of November of 1962. Executed in presence of JOSEPH GABRIEL IRENE T. GABRIEL H. S. WILEY STATE OF RHODE ISLAND COUNTY of Providence In Providence on the 9th day of November, 1962, before me personally appeared the said JOSEPH GABRIEL and wife IRENE T. GABRIEL to me known and known by me to be the parties executing the foregoing instrument, and they acknowledged said instrument, by them executed, to be their free act and deed. "S. KENYON WILEY Notary Public Received for record November 9th A. D. 1962 at 2:02 o'clock, p.m., and recorded by [?] ---- DISCHARGE OF MORTGAGE The undersigned, having received full payment and satisfaction of a certain mortgage recorded in the records of the town clerk in the Town of Charlestown, Rhode Island in Book Number 38 at page 574 hereby cancel and discharge the same. And I covenant to and with the person making said payment that I am the present owner of said mortgage. In WITNESS WHEREOF, I have hereunto set my hand and seal and this 10th day of May A. D. 1965 John E. Walker, Jr. Irene L. Walker Signed in presence of ) Received for record May 17th, A. D. 1965 at 9:15 o'clock, a. m., and recorded by [?] Town Clerk