The instrument's own words
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338
KNOW ALL MEN BY THESE PRESENTS: That I, Ethel V. Wilkins, unmarried, of the
Town of Charlestown, County of Washington and State of Rhode Island (hereinafter called the
mortgagor); in consideration of One Thousand (1,000.00) Dollars to me paid by Industrial Trust
Company, a Corporation created by the General Assembly of the State of Rhode Island and lo-
cated and transacting business in the City and County of Providence, in said State, the re-
ceipt whereof is acknowledged, do hereby grant, bargain, sell and convey unto said Industrial
Trust Company, its Successors and Assigns, forever:
That certain tract or parcel of land, containing two (2) acres, more or
less, together with the buildings and improvements thereon situated in the
Town of Charlestown, County of Washington, State of Rhode Island, bound-
ed and described as follows:
Beginning at a point (two 2) rods west of the center of the road from Providence
thence northerly thirty feet to the land of John Phirson, et ux; thence
easterly, bounding southerly by the land of said John Phirson, et ux to the
highway; thence southerly, bounding easterly by said highway to the line of
said John Phirson, et ux; thence westerly, bounding northerly by land of
said John Phirson, et ux, to a corner; thence northerly to the land of Thomas G. Clark, bounding easterly
by land of said Thomas G. Clark, et ux; thence northerly to the land of Thomas G. Clark, to Pasquetuck
Brook; thence easterly by said Brook and a stream flowing into said Brook and a fence line on the
land of said John Phirson, et ux; thence easterly, bounding southerly by
the land of John Phirson, et ux to the highway; thence north of said beginning or wherever the
otherwise the same may be bounded or described.
Also a right to take water from a spring in the land of said John Phirson,
et ux, formerly of the Town of Charlestown, at all times.
Meaning and intending to convey the third tract described in deed from
George P. Clark to George P. Clark, Henry D. Clark, and Sigmund Stein, Trustees, said
deed being dated June 14, 1922 and recorded in the Record of Land Evidence,
Evidence, said Town of Charlestown, Book No. 23, at Pages 389 and 390; further
reference to said deed and the records thereof being here made and that the
same premises are held by the mortgagor by detail description as the
same premises here conveyed.
Being the same premises once conveyed to this mortgagor by deed of Henry D.
Clark, George P. Clark, and Sigmund Stein, in their capacity as Trustee of Col-
umbia Narrow Fabric Company, which deed dated June 26th, 1940, and is to be
recorded in the land evidence records of the town of Charlestown.
TO HAVE AND TO HOLD the aforesaid premises, with their appurtenances unto and to
the use of said Industrial Trust Company, its Successors and Assigns, forever.
And I, the said mortgagor, do hereby, for myself and for my heirs, executors and
administrators, covenant with the said Industrial Trust Company, its Successors and Assigns, that
I am lawfully seized in fee simple of the whole of the said granted premises; that the same are free
all encumbrances except as hereinafter mentioned; that I have right to convey the
same in the manner as aforesaid; that said Industrial Trust Company, its Successors and Assigns,
shall have quiet and peaceful possession of said premises; that I will, and my heirs, executors say, the said
that the said mortgagor will, and her heirs, executors and administrators shall, warrant and
defend the same to the said Industrial Trust Company, its Successors and Assigns, forever, against
the lawful claims and demands of all persons whomsoever for any moneys, taxes, assessments
and other expenses hereby secured as hereinafter provided;
and for the consideration aforesaid,
hereby remise, release and forever quit claim in dower in and to the said granted premises unto
said Industrial Trust Company, its Successors and Assigns, forever.
PROVIDED, HOWEVER, that if I, the said mortgagor, or my heirs, executors admin-
istrators or assigns, shall fail to pay any of the principal sum now due, to its Successors or Assigns,
the sum of One Thousand (1,000.00) Dollars, in six months from the date hereof, with interest
thereto, or shall fail to pay any of the installments of principal or installments of interest in arrears
whatever, when due, whether at or after maturity, and all installments of interest in arrears
whatever, when due, whether at or after maturity, and all installments of interest in arrears
also pay all taxes and assessments of every kind levied or assessed aware upon or in respect of
said premises, principal and interest, then the said Industrial Trust Company, its Successors or Assigns,
mortgagee, or mortgage deed, under which notary status is now or in formality may be hereafter encumbered,
then this deed, as also my Promissory note hereby referred to and made a part hereof, shall operate as a
deed of conveyance to said Industrial Trust Company, with interest and aforesaid as the time, all
aforesaid, shall become and be absolutely void to all intents and purposes whatever.
BUT IF DEFAULT BE MADE in the payment of the said sum or of said interest at
the times by which the same shall become due, or if any of the premises aforesaid to the same
become payable, or of any of either or of them, or of any part thereof, or if breach shall be
made of any of the covenants herein contained, then it shall be lawful for the said
Industrial Trust Company, its Successors or Assigns, to sell, to mortgage or to parch, all and
singular the premises hereby granted and released, and the proceeds of such sale, mortgage or
the benefit and the equity of redemption of the said mortgagor and her heirs, executors, ad-
ministrators, to apply first to the payment of all taxes and assessments now due or which may be due
at any such sale, and no other purchaser shall be name available for the application of the purchase
money to the payment of the principal sum and interest, and the costs of such sale, and to publish
each week for three successive weeks in some newspaper published in the Town of Westerly, Rhode
Island, a notice of such sale, stating the time and place of the sale and the name of the person or per-
sises or elsewhere, as specified in such notice; and in its or in their own name or names or as
the attorney or attorneys of the said Ethel V. Wilkins, the said Industrial Trust Company, its
Successors or Assigns, being presently duly authorized and appointed with full power of substitution and
revocation), to make, execute and deliver to the purchaser or purchasers at such sale or sales, good
and sufficient indentures of absolute sale and conveyance, and to receive all the purchase
moneys, and therefore to retain all sums hereby secured, whether then due or to fall due ther-
after, or of the part thereof then remaining unpaid, and also the interest then due on the same,
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together will all expenses incident to such sale or sales, and all counsel fees and other expenses incurred in, or in any way connected with the exercise of those powers, and all taxes and assessments aforesaid, and all premiums for insurance, either heretofore paid by said Industrial Trust Company, its Successors or its Assigns, or then remaining unpaid, rendering and paying the sum or sums so disbursed together with interest thereon at the rate of six per cent per annum aforesaid, together with a true and particular account of such sale or sales, expenses and charges, to the said Industrial Trust Company, its Successors or its Assigns, and the said Ethel V. Wilkins shall ever be a perpetual bar not in law and equity against the said mortgagor, and the said Ethel V. Wilkins, her heirs, administrators, executors and assigns, and their successors in title to the said premises, so sold by, from, or under them or any other of them. and any of them.
And I, the said mortgagor, for myself, and for my heirs, executors, administrators, trustees and assigns, hereby covenant with said Industrial Trust Company, its Successors and Assigns, that I or they will upon request execute such deed or deeds confirmatory of such sale or sales as may be necessary or desirable.
And FURTHERMORE, I, the said mortgagor, for myself and for my heirs, executors, administrators and assigns, hereby covenant with said Industrial Trust Company, its Successors and Assigns, that the said premises aforesaid, together with all buildings now or hereafter erected upon the same aforesaid, in such office or offices as said Industrial Trust Company, its Successors and Assigns, shall approve, in a sum not less than One Thousand Dollars, and that all policies of insurance upon said buildings shall be for a sum not less than said amount and shall be in favor of Industrial Trust Company, its Successors and Assigns, as collateral security thereto and, in default hereof, said mortgage shall be absolute and the said Industrial Trust Company, its Successors or Assigns, shall have the right to sell the same, and the grantor therefor shall be a further charge upon said granted premises secured by these presents as aforesaid.
IN WITNESS WHEREOF, I have hereunto set my hand and seal this 14th day of September A. D. one thousand nine hundred and forty.
Signed, Sealed and delivered }
in presence of } ETHEL V. WILKINS
LEWIS STANTON }
STATE OF RHODE ISLAND, }
} Sc.
County of Washington }
In Westerly on the 14th day of September A. D. 1940 before me personally appeared the above named Ethel V. Wilkins, each and all to me known, by me to be the part executing the foregoing instrument, and severally acknowledged said instrument, by executed, to be her free act and deed.
HIRAM KENDALL
Notary Public.
Received for record September 16th, A. D. 1940 at 1:10 o'clock, p. m., and recorded by [?]
Town Clerk
The page as recorded
