The instrument's own words
page 1
60 Know All Men by these presents, That The Pancooke
Bank & Trust Company, a corporation established under the
laws of the State of Connecticut in consideration of the sum of ten
US dollars and other valuable consideration to it paid by Bruce
Owen Savitt of the town of Charlestown in the State of Rhode
Island, the receipt whereof is hereby acknowledged, does hereby,
grant, release and forever quitclaim unto said Bruce Owen Savitt
and his heirs and assigns forever, all the right, title, interest,
claim and demand in and to that lot or parcel of land situated
on the easterly side of the road from south wells to Narragansett
in the town of Charlestown and State of Rhode Island, described
and descended as follows: Beginning at a point on the easterly
side of said highway as established by Stat for 4 years the law
1790 of the State of Rhode Island’s Public Roads, which said plat is
duly filed in the office of the Town Clerk in said town of Charlestown,
Website Sta 1941-87 stating it to be the Charlestown courts hills
1919 survey; thence in a northeasterly direction making an
angle of 90° with the easterly line of said highway two hundred
(200) feet to a point; thence in a northeasterly direction making
an angle of 90° with the last described line a distance of one
thousand (1000) feet to a point; thence in a southeasterly direction
making an angle of 90° with the last described line a distance of
two hundred (200) feet but to a point said point being on the
foreboundary easterly line of said highway Sta 208, 77
Section II of the aforementioned survey; also that piece corner
bounded on land now or lately of land owner Harriet Pearce; thence
in a southeasterly direction in a line short barely line of said highway,
a distance of one thousand (1000) feet more or less to the point of
opening, and containing by estimation 11,000 square feet of land
more or less, intending and attempting hereby to release the above
described land from the lien and obligation of two certain
mortgages given and executed herein parts to paid the Pancooke
Bank & Trust company, one dated June 17 1943 and recorded in
the Records of Land Evidence in said Town of Charlestown in Book 23
Book 23 at page 205 and one dated December 21, 1925 and recorded
in said records Book 23 at page 325, but hereby
reserves and retains all its rights title and interest as
mortgagee reserved in and to said land in said mortgage unless
reserved and not hereby surrendered for release.
To have and to hold the same, with all the privileges and
appurtenances thereto appertaining, unto and to the use of the said
Bruce Owen Savitt and his heirs and assigns forever.
In testimony whereof the Pancooke Bank & Trust
The page as recorded
