6/1/1964 · MORTGAGE · book 39 page 533 doc 8464@39/533

533 As a consideration of the purchase by the grantees of the abovedescribed tract, the grantors covenant and agree with the grantees that in case of a contemplated sale of the grantors' property lying south of the abovedescribed tract, which said property is bounded westerly by Ross Hill Road, southerly by Shumunkamuk Road or Buckeye's Brook Road, easterly by a stonewall constituting the Westerly boundary of land of Eimo Keoppi, and northerly by the above described tract. Said grantors, or the survivor of them, s shall be given thirty (30) days notice, in writing, and shall have the first option to purchase the same with any buildings and improvements thereon, at the price at which the grantors, or the survivor of them, or the heirs, executors or administrators of the survivor, shall be willing or accept to sell for said premises. IN WITNESS WHEREOF, we have hereunto set our hands this 29th day of May, A. D. 1964. JOHN OLOF HILDA OLOF (DOCUMENTARY STAMPS $16.50) STATE OF RHODE ISLAND ) COUNTY OF WASHINGTON ) In Westerly on the 29th day of May, A. D. 1964, before me personally appeared John Olof and Hilda Olof, to me known and known by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, by their own executed, to be their free act and deed. Lloyd E. Cook, Sr. Notary public Received for record June 1st, A. D. 1964 at 10: 35 o'clock, a.m., and recorded by Jan 20 - Deputy Town Clerk ---- KNOW ALL MEN BY THESE PRESENTS, That, we, HERBERT DOBSON, JR. and JANET M. DOBSON, husband and wife, of Westerly, Rhode Island, hereinafter called the "mortgagors", in consideration of TWELVE THOUSAND & 00/100 ($12,000.00) DOLLARS, to us 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 interest of a certain promissory note of the mortgagors of an even date hereof and bearing the serial number [?] the following- A certain tract or parcel of land, together with the buildings and other improvements thereon, located partly in the Town of Charlestown and partly in the Town of Westerly, in the County of Washington and State of Rhode Island, bounded and described as follows: COMMENCING at one pipe set in the ground at the southeasterly corner of land of Rose E. Montalo at the northeasterly side of Ross Hill Road in the Town of Westerly, and running in a general southeasterly direction, northeasterly side of Ross Hill Road to the southeasterly corner of a parcel of land of John Olof by one survey there running southeasterly bounded southerly by said Ross Hill Road to the southeasterly corner of an especially shaped parcel of land running easterly from said Ross Hill Road to the southeasterly corner of a parcel of land of John Olof then running in a general easterly direction along said open and apparent right of way being bounded southerly by said Olof land to a stone wall then running in a general southeasterly direction and running in a general southeasterly direction northeasterly along the line of a stone wall distance of approximately 501 feet, more or less, bounded northerly by said Olof land to a stone wall then running in a general easterly direction distance of approximately 300 feet, more or less, bounded northerly direction along the line of a stone wall distance of approximately 501 feet, more or less, bounded northerly by said Olof land to a stone wall then running in a general southeasterly direction bounded easterly by said Montalo land and running in a general southeasterly direction following the line of a stone wall, bounded southeasterly by said Olof land to a stone wall then running in a general southeasterly direction and running in a general southeasterly direction following the line of a stone wall, being bounded northerly by said Olof land, being bounded northerly in the Town of Charlestown by land of Eimo Keoppi, a distance of approximately 300 feet, more or less, bounded on the east by land of Eimo Keoppi, a distance of approximately 500 feet, more or less, and to the Faucheré River, thence in a general southeasterly direction, a distance of approximately 500 feet, more or less, and to the corner of land of Eimo Keoppi, a distance of approximately 500 feet, more or less, and to the corner of land of Rose E. Montalo in a general southeasterly direction bounded northeasterly by said Alnger land, and following the line of a stone wall to a stone wall then running in a general southeasterly direction distance of approximately 200 feet, more or less, in a general southeasterly direction bounded northerly following the line of a stone wall at land of Rose E. Montalo; thence in a general southeasterly direction following the line of a stone wall, bounded southeasterly by said Montalo land to a stone wall then running in a general northeasterly direction following the line of a stone wall, bounded northerly distance of approximately 500 feet, more or less; thence in a general northeasterly direction following the line of a stone wall, bounded southeasterly by said Montalo land to a stone wall then running in a general easterly direction a distance of approximately 500 feet, more or less; thence in a general easterly direction following the line of a stone wall, bounded southeasterly by said Montalo land to a stone wall then running in a general southeasterly direction following the line of a stone wall, bounded northeasterly by said Montalo land to a bend in the stone wall, thence in a general southeasterly direction following the line of a stone wall, bounded northeasterly by said Montalo land to a bend in the stone wall, thence in a general southeasterly direction following the line of a stone wall, bounded easterly in the stone wall thence in a general southeasterly direction bounded westerly by said Montalo land following the line of a stone wall to a stone wall then running in a general southeasterly direction bounded northeasterly by said Montalo land, and following the line of a stone wall to a pipe set in the ground at Ross Hill Road, being the point and place of beginning.

Being the same premises conveyed to the mortgagors by deed of John Olof et ux being recorded in the Land Evidence Records of said Towns of Charlestown and Westerly; SUBJECT to the right of way referred to therein. This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE provided, however, that publication of notice of a foreclosure sale may be made alternatively in a public newspaper pub- lished 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. This mortgage is made subject to those additional covenants and agreements contained in a STATEMENT OF COVENANTS AND AGREEMENTS, a copy thereof having this day been received by the mortgagors, the receipt whereof is hereby acknowledged, the exact terms of which arein recorded Charlestown Land Records in Book 30, at page 40 and in said Westerly Land Records in Book 72, at page 482. Said covenants and agreements are hereby by reference made part of this mortgage, and if default shall be made in the performance or observance of any of the same, it shall be lawful for the mortgagees to sell the above described premises pursuant to said STATUTORY POWER OF SALE. And for the consideration aforesaid, we, said mortgagors, release to the mortgagees all right of dower and curtesy and all other rights, statutory or otherwise, in the Aforedescribed premises. IN WITNESS WHEREOF, the mortgagors have executed these presents on the 29th day of May 1964. Witness: J. Morice Pendleton HERBERT DOBSON, JR. JANET M. DOBSON STATE of RHODE ISLAND COUNTY of Washington In Westerly, on the 29thday of May, 1964, before me personally appearedthe above named HERBERT DOBSON, JR., and JANET M. DOBSON, to me known and known by me as to be the parties executing the foregoing instrument by them executed, to be their free act and deed. Harold B. Solewitzik Notary Public Received for record June 1st A. D. 1964 at 10:35 o'clock, a.m., and recorded by -- Jean M. [?] Deputy Town Clerk DISCHARGE OF MORTGAGE INDUSTRIAL NATIONAL BANK of Rhode Island, having received Full payment and satisfaction of a certain mortgage made by Herbert Dobson, Jr. and Janet M. Dobson to Industrial National Bank of R.I. dated May 29, 1964 in the amount of Twelve Thousand and No/100 ---- Dollars and recorded in Land Evidence of Charlestown, Rhode Island Mortgage Book No. 39, Page 533 and 534 does hereby cancel and discharge the same. And said Industrial National Bank of RhodeIsland hereby covenants to and with the person making said payment that it is the present owner of said mortgage. IN TESTIMONY WHEREOF, Industrial National Bank of Rhode Island has caused its corporate name and seal to be hereunto affixed by its proper officer signed terutely duly authorized this 1st day of October A. D. 1970. INDUSTRIAL NATIONAL BANK of Rhode Island (corp seal) By DONALD L. PRINZ Donald L. Prinz, Manager By [?] Received for record October 6th A. D.1970 at 9:15 o'clock, a.m., and recorded by -- Jean M. [?] Deputy Town Clerk