3/25/1963 · AGREEMENT · book 39 page 12 doc 7866@39/12

12 KNOW ALL MEN BY THESE PRESENTS That WE, BERNARD STAMBLER & ELIZABETH D. STAMBLER, the parties of the first part, in consideration of $150.00 One Hundred Fifty dollars paid by the Trustees of The Industrial Foundation of Rhode Island, the party of the second part, the receipt whereof is hereby acknowledged, hereby for myself, my heirs, executors and administrators, agree to sell and convey to the said party of the second part, or their assigns as their option, the following described property for the following consideration: The property consists of a certain tract or parcel of land in the Town of Charlestown, Rhode Island, described as follows: (See attached description) The consideration to be paid by the said party of the second part, or their assigns, shall be $12,000.00 Twelve Thousand dollars, including the consideration paid for this option. This option may be accepted by the said party of the second part, or their assigns, at any time within nine months from the date of this instrument, and said conveyance shall be made within ten (10) days after such acceptance, by a warranty deed, with full covenants and dower or curtesy release if necessary, conveying a clear title free from all incumbrances, except those, if any, mentioned in Exhibit "A" attached hereto and made a part hereof, said party of the second part, or their assigns, giving to said party of the first part, ten (10) days' notice in writing of the time and place where said conveyance shall be made and executed. AND IT IS AGREED that if the said party of the second part, or their assigns, shall fail to accept this option, or shall after the acceptance of this option, fail to pay the purchase price stated above, at the time and place agreed upon and in accordance with the condition as hereinbefore stated, they, the said party of the second part, or their assigns, shall forfeit any and all sums previously paid to the party of the first part, but shall not otherwise be liable to the party of the first part, and it is further agreed that if option is exercised and if said party of the first part cannot convey title which Title Guarantee of Coplay of Rhode Island (or some other title company acceptable to the party of the second part) will insure at its standard rates subject only to the standard exceptions contained on its printed form of title policy using a description based on a survey to be made at the expense of the party of the second part, the sum paid hereunder for this option by the party of the second part shall be refunded; or the party of the second part, at its option, are may waive any other exceptions and accept such title policy as may be insurable. The party of the second part or its assigns shall be entitled to possession free of all tenancies upon delivery of deed. The party of the first part shall warrant the property to be free of liens for labor or materials, no statement of which is filed or recorded at the time of closing. The parties hereto certify that this option agreement has either been negotiated directly between them without the services of any broker or with the services of a broker retained by the party of the second part. The party of the first part hereby agrees to indemnify and hold harmless the party of the second part against any claims for commissions or finder's fees arising by reason of the execution and delivery of this option agreement or purchase of real estate pursuant hereto. IN WITNESS WHEREOF, the said party of the first part hereto sets his hand and seal this 8th day of January, in the year one thousand nine hundred and sixty three. Signed and sealed in presence of [Signature] [Signature] BERNARD STAMBLER (Seal) ELIZABETH STAMBLER (Seal) STATE OF NEW JERSEY COUNTY OF BERGEN In said County and State on this 8th day of January, 1963, before me personally appeared Bernard Stambler and Elizabeth Stambler to me known and by me to be the person executing the foregoing instrument and be acknowledged said instrument by him executed to be his free act and deed. Evelyn Baumuller (Notarial Seal) Notary Public of New Jersey My Commission Expires March 24, 1964

NOBURE J. JALBERT AND MARY A. JALBERT TO BERNARD STAMBLER AND ELIZABETH D. STAMBLER WARRANTY COVENANTS 13 Land buildings and improvements Beginning at a twenty-four inch knotbreak ink tree south of a driftway leading northerly between and easterly to old Mill Road, said road runs bounded easterly by land now or formerly owned by Gabriel Nelson et ux, and bounded northerly east and south by land now or formerly owned by Gabriel Jalbert at ux; thence South 26° East a distance of 225 feet to the easterly end of a driveway; then turning and running South 40° West a distance of 115 feet in general a southerly direction and South 20° East a distance of 115 feet to a stone wall, then turning and a distance of 215 feet to the Saw Mill Brook one hundred (100) the last three mentioned courses are along a stone wall and are bounded easterly and northerly by land now or formerly owned by Gabriel Jalbert et ux; thence North 60° East a distance of 115 feet to a stone wall and then continuing direction along the said saw Mill Brook a distance of 1075 feet to a cedar post; thence turning and running North 20° West a distance of 115 feet to a stone wall now or formerly owned by Forney et ux; thence turning and running North 40° West a distance of 250 feet to a corner bounded easterly at a stone wall in a large fallow field while none tree west; thence turning and running North 60° East a distance of 115 feet bounded easterly by the Forney residence; thence turning and running North 20° West to a granite bound stone; then turning and running North 16° North East a distance of 250 feet to a stone wall and bounded westerly by land now or formerly owned by Forney et ux; thence East in part along a stone wall and bounded westerly by land now or formerly owned by Forney et ux; thence turning northerly and easterly on the south side distance of 200 feet to the driftway; thence North 40° East a distance of 115 feet and South 20° East a distance of 250 feet of said driftway, bounded northerly by land owned now or formerly by T. [?] Forney et ux; the above described land being more or less, however or otherwise the same may be bounded or described, with the buildings and improvements thereon. The property described above was conveyed to Nobure J. Jalbert and Mary A. Jalbert, individually, by for their undivided one-half interest, dated July 24, 1966, recorded in Book 30, page 105 of the Land Evidence Records of the Town of Charlestown, Rhode Island, by virtue of the appointment of the Administrator of the estate of Gabriel Nelson, late of said Charlestown, deceased, who owned the other undivided one-half interest, dated August 12, 1966. The above described property is bounded reference to a map of the property, a plat of reference, which plat is recorded with the Land Evidence Records of said Town of Charlestown. being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded on the north by the harbor being all of the real estate situated in said Town of Charlestown in an area bounded