The instrument's own words
Attribution under review. The portal's file number is shared by more than one instrument, and the words below could not be placed with certainty on this one by their own evidence (page stamp, parties, dates); they may belong to a neighbouring instrument. Read them as the record of the page, not yet as this deed's own.
page 1
676 MORTGAGE DEED
KNOW ALLMEN BY THESE PRESENTS, That We, WILLIAM M. KING and NINA P. KING, husband and wife, both
of the Town of Charlestown, County of Washington and State of Rhode Island, hereinafter called the "Mortgagors,"
for consideration paid, grant to WESTERLY COMMUNITY CREDIT UNION, a corporation created under the laws of the
State of Rhode Island and having a place of business in the said Town of Westerly, Rhode Island, hereinafter
called the "Mortgagee," with MORTGAGE COVENANTS, to secure the payment of -----------THREE THOUSAND and 00/100
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($3,000.00) DOLLARS IN SEVEN (7) years with interest at SIX (6%) per annum
per annum, payable monthly, as provided in a certain negotiable promissory note of even date herewith, a certain
lot parcel of land, together with the buildings and improvements now or hereafter erected thereon, including
any portable or sectional buildings, all screens, storm doors and windows, awnings, stoves, heaters, plumbing,
gas and electrical fixtures, oil burners, air conditioning units, and other equipment of whatever kind necessary
or incidental to the property or use thereof, now located on or hereafter placed upon said premises, prior to the
full payment and discharge of this mortgage, all of which are declared to be part of the realty, situated at and
near Quonochonticut, in the Town of Charlestown, County of Washington and State of Rhode Island, bounded and
described as follows, to wit:
Commencing at the southeasterly corner of said tract at a granite post set in the ground at the westerly edge
of the beach at West Beach Pond, Charlestown, R.I., being in the northeasterly corner site in a general northeasterly direction in a straight
line nor east Cranberry and prophylactic A. Candell, and running in a general northeasterly direction in a straight
course, bounds southerly by an old Cranberry land, and through a stone bounds with a drill hole in it and
to the line of ownership of Quonochonticut Beach Association, thence running in a generally northerly direction,
by said Pond to a distance of approximately eighty-five feet, six inches (85' 6") or more or less, to a thing
bounds southeasterly and running in a general northeasterly direction in a straight course, bounds southerly by
northeasterly land norm by or Forever H. Hutchins and Emma S. Hutchins, a distance of one hundred
ninety-nine feet, nine inches (199' 9") or more or less, then there is a thing bounds running in a general
northeasterly in a straight course, bounds northeasterly by said Hutchins land to a distance of one hundred
twenty-four feet, four inches (124' 4") or more or less, to a granite post set in the ground, thence running in
a generally southeasterly direction along the easterly edge of Beach Road a distance of one hundred (100)
feet to the point and place of beginning.
Meaning and intend to convey the same premises conveyed to the Mortgagors in now, and by the Warranty Deed
of William G. Hutchins and Emma S. Hutchins, dated November 10, 1956 and recorded in the Land Evidence of
said Town of Charlestown, R.I., in Book No. 31, on page 370, to which deed and the record thereof reference
is hereby had and made.
Subject to lime fence agreement of record.
This mortgage is made upon the STATUTORY CONDITION and with the STATUTORY POWER OF SALE; provided, however,
that a foreclosure may be held upon the premises or elsewhere at the option of the Mortgagee; as specified in
notice of such sale.
This mortgage is made subject to those additional agreements and covenants contained in that instrument
entitled, "ADDITIONAL COVENANTS OF MORTGAGORS OF WESTERLY COMMUNITY CREDIT UNION," executed herewith by the
Mortgagors, a copy of which has this day been received by the Mortgagors, the exact terms of which are on
record in said Town of Charlestown, in the Land Records thereof in Book No. 38 on page 21. Said agreements
and covenants are by reference made part of this mortgage and if default shall be made in the observance or
performance of any of the same, it shall be lawful for the Mortgagee to sell the above described premises
pursuant to said STATUTORY POWER OF SALE.
And for the consideration aforesaid, we, the said Mortgagors release to the Mortgagee all of our respective
rights and/or interest, statutory otherwise in the aforementioned premises.
WITNESS our hands this 28th day of August, A. D. 1964.
WILLIAM M. KING
NINA P. KING
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON
In Westerly, on the 28th day of August, A. D. 1964, before me personally appeared WILLIAM M. KING and NINA P.
KING, husband and wife, both to me known and by me to be the parties executing the foregoing instrument,
KING, bound and wife, to be their free act and deed.
and they severally acknowledged said instrument, by them executed and delivered.
Charles P. Trumpetto
Notary Public
Received for record August 31st A. D. 1964 at 1h1 o'clock p.m., and recorded by
- Jean M. LaFleur -
Deputy Town Clerk