4/6/1934 · MORTGAGE · book 25 page 438 doc 9332

438 KNOW ALL MEN by THESE PRESENTS That we, ROBERT F. GRAVES and MARBEL E. GRAVES, husband and wife, both of the Town of South Kingstown, in the County of Washington and state of Rhode Island, hereinafter called the Grantors, in consideration of Five Hundred Dollars, paid by the WICKFORD SAVINGS FUND AND LOAN ASSOCIATION, a Corporation duly established by law, in South Kingstown, in the County of Washington, and State of Rhode Island, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto the said Corporation, its successors and assigns, that certain tract or parcel of land situated in the Town of Charlestown, County of Wash- ington and State of Rhode Island, bounded and described as follows: Beginning at a point on the westerly side of the State Highway leading from the Village of Wickford to the Village of Charle- town, said point being 269.25 feet, more or less, from the south- easterly corner of the lot of Philip H. Pendelton, at uur thence westerly on a line parallel to said highway and 269.25 feet distant from the said southeasterly corner of said Pendelton lot, then a distance of 160 feet thence in a southerly direction a distance of 50 feet thence in an easterly direction a distance of 160 feet, thence to the road 50 feet State Highway thence north- erly along said State Highway a distance of 90 feet, thence to the point of beginning, bounded northerly, easterly and westerly by land of Hannah M. Hazard, and easterly by said State Highway, more or less boundaries. Being the same premises conveyed to the within grantors by said Hannah M. Hazard by deed dated November 15, 1933 and recorded in Volume 25 at page 402 of the said Town of Charlestown Land Ev- idence Records. TO HAVE AND TO HOLD, the said granted and bargained premises, with all the privileges and appurtenances to the same belonging, to said grantee, its successors and assigns forever. And we, the said grantors, for ourselves and for our heirs, executors and administrators, do covenant with the said grantee, and its successors and assigns, that at and before the ensueing delivery we are the true, sole and lawful owners of the above bargained Premises, and are lawfully seized and possessed of the same in our own our proper right, good, perfect and absolute estate of inheritance in fee simple free and clear in ourselves good right, full power and lawful authority to sell and convey the said bargained Premises in manner as aforesaid. And that the said grantee, its successors and assigns, shall and may from time to time, and at all time forever hereafter, by force and virtue of these Presents, lawfully, peaceably and quiet- ly have and enjoy the said Premises, with the appurtenances free and clear of all en- cumbrances, of what name or nature whatsoever, that might in any measure or degree obstruct or make void this present Deed. Furthermore, we, the said grantors, for ourselves and for our heirs, executors and administrators, do covenant and agree the above demise premises to the said gran- tee, its successors and assigns, against the lawful claims or demands of any person or persons whatsoever, forever to warrant, secure and defend by these Presents. THE CONDITION OF THIS Deed is such, that whereas we have this day pledged and transferred to the said Corporation Three (3) shares of its capital stock, said shares being in the fourth Series, as collateral security, together with the real estate here- by conveyed, for the performance of the terms, covenants and conditions of this mort- gage of the note hereinafter mentioned, upon which shares said sum of Five Hundred ($500.00) Dollars has been advanced to us by said Corporation, now therefore, if we or our heirs, executors, administrators, or assigns, shall pay unto the said Corporation, its successors or assigns the sum of Five and 50/100 ($5.50) Dollars monthly, each and every month thereafter, at such times and places as shall be designated by said Corpora- tion, or its successors or assigns, being the amount of the monthly dues on said three (3) shares and of the monthly interest upon said loan or advance of Five hundred Dollars

439 for which said shares are pledged and said note and mortgage given, together with all fines chargeable by the By-Laws of said Corporation upon arrears of such payments, until said shares shall reach the ultimate value of two hundred dollars each, or if we or our heirs, executors, administrators or assigns, shall otherwise secure pay unto said Corporation, its successors or assigns, said sum of Five hundred Dollars together with the said interest and fines as aforesaid, to the time of such payment, and until said loan shall be paid or can- celled by the ultimate value of said shares, if we shall pay all taxes and assessments on the granted premises, as they shall become due, keep the buildings thereon insured against fire in a sum not less than Five Hundred Dollars for the benefit of the grantee, its successors or assigns, at such insurance office, as it or they shall approve, and shall not commit any suffer or waste of the granted premises, or any breach of any cov- enant herein contained, in whole or in part, then this deed, as also a note of even date herewith, signed by us whereby we promise to pay to the grantee the said sums at the times aforesaid, shall be void otherwise shall be and remain in full force and effect. Furthermore, we the said grantors do hereby constitute and appoint the said Corporation, its successors and assigns, our Attorneys, irrevocable, with full powers of substitution and revocation for us and in our names, or in the name of their names or name at any time, in case of non-payment of the aforesaid monthly dues, interest, or fines for the period of three months, after any payment thereof shall be due, or upon any other default in the performance or observance of the foregoing condition, to sell the granted prem- ises, or such portion thereof as may remain subject to this mortgage, in case of any partial release hereof, together with all improvements that may be thereon, and of all benefit and equity of redemption of us, or the representative theirs, in public auction in said Town of Charlestown, first publishing a notice of the time and place of sale, once each week for three successive weeks, in one or more newspapers published in said County of Washington, ton, or in its the their name or names, or as our Attorneys or Attorneys, to make, execute, sell, acknowledge and deliver to the purchaser or purchasers thereof any deed or deeds that may be necessary to vest in such purchaser or purchasers a full and absolute estate in fee simple therein; and such sale shall forever bar us and all persons claiming under us from all right and interest in the granted premises, whether at law or in equity. And on sale thereof (hereby granting unto our said Attorneys power to continue or adjourn such sale from time to time) we do authorize said Attorneys to receive the amount the same may be sold for, and out of the money arising from such sale, the grantee, or its successors or assigns, shall be entitled to retain sufficient to reimburse company to repay said loan or advance in full, together with interest and fines due, and all costs, charges and expenses incurred or sustained by reason of our failure or default on the part of us or of our representatives to perform and fulfill the conditions of this deed, including the taxes, assessments and premiums of insurance, if any, theretofore paid by said Corporation, its successors or assigns, upon said granted premises, rendering the surplus, if any, to us or our heirs or assigns. And it is agreed that the grantee, or its successors or assigns, or any person or persons in their behalf, may purchase at any sale made as aforesaid, and that no other purchaser shall be answerable for the application of the purchase money; and that, until default in the performance of the condition of this deed, we and our heirs and assigns may hold and enjoy the granted premises and receive the rents and profits thereof. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 4th day of April, in the year one thousand nine hundred and thirty four. Signed, sealed and delivered in the presence of NORRIS R. TICKER WILBUR R. EASTERBROOKS ROBERT P. GRAVES (SEAL) MABEL E. GRAVES (SEAL)

440 STATE of RHODE ISLAND) County of Washington ) In Wakefield on the day of April 4, A. D. 1934 before me personally appeared Robert P. Graves and Mabel B. Graves, husband and wife, to me known and known by me to be the parties executing the foregoing instrument, and they acknowledged said in- strument, by them executed, to be their free act and deed. HOWARD R. JOHNSON Notary Public. Received for record April 6th, A. D. 1934 at 11:00 o'clock, a. m., and recorded by [Signature] Town Clerk. The WAKEFIELD SAVINGS FUND AND LOAN ASSOCIATION, having received full payment of all sums due on this Mortgage, does hereby cancel and discharge the same. In testimony whereof said association has caused its corporate name and seal to be hereto affixed by the Treasurer thereof duly authorized, this 27th day of May, 1941. In presence of THOMAS R. DOHERTY by Wilfred R. Easterbrooks Treasurer WAKEFIELD SAVINGS FUND AND LOAN ASSOCIATION (Corporate Seal) Above discharge received for record June 8th, A. D. 1945 at 9:00 o'clock, a. m., and recorded by [Signature] Town Clerk KNOW ALL MEN BY THESE PRESENTS, that We, JOSIAH F. PECKHAM, Jr. and wife BERTHA M. PECKHAM, in her right both of the City and County of Providence, in the State of Rhode Island hereinafter called the Grantors, for and in consideration of the sum of TEN DOLLARS to us paid by GAGE B. ELLIS and wife ELIZABETH K. ELLIS, both of Middletown Township in Bucks County, Pennsylvania hereinafter called the Grantees, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto the said Grantees, as joint tenants and not as tenants in common and their heirs and assigns forever, in fee simple That certain tract or parcel of land with all buildings and improvements thereon, situate in the town of Charlestown, State of Rhode Island, and bounded and described as follows: Beginning at a corner of a stone wall and a fence 40y feet, more or less, easterly from Quonochontaug-West South Road, measured along said fence southeasterly on the southerly boundary line of land now or for- merly of Benjamin P. Mullins; thence S 39° 5' E, bounding westerly on land conveyed to said Mullins by deed from said Mullins dated July 30, 1931 and recorded in the office of the Town Clerk of said Charlestown, one hundred (100) feet to a point; thence N 50° 55' W, as interior line, running easterly bounding southerly on said grantees' land, 193 feet, more or less, to the fence; thence S 39° 5' E, along said fence, 110 feet, direction, along said Pond, to a stone wall; thence S 86° 30' W, along said stone wall 243 feet, more or less, to the first mentioned and starting point. Together with all the grantors' rights in and to said Charlestown Salt Pond which are appurtenant to the above described premises. (INTERNAL REVENUE STAMP, $2.00) TO HAVE AND TO HOLD, the aforementioned premises, with all the privileges and appurtenances thereunto belonging, unto and to the use of said Grantees, as Joint tenants and not as tenants in common and their heirs and assigns forever, in fee simple.