The instrument's own words
page 1
424
discharge hereof, in as good condition and repair as the same now are or may
hereafter be put in, but without making any material alterations thereto
unless the Consent of the mortgagee in writing shall first been obtained and
to permit said Industrial Trust Company, its successors and assigns, and it
and their officers, agents and servants, to enter upon the mortgaged premises
at all reasonable times for the purpose of inspecting the same.
4. That the mortgagee, its successors and assigns, may pay all taxes, assessments,
water rates or insurance premiums not paid by the mortgagors when due, and all
of the sums so paid shall be added to the principal sum unpaid and shall be borne
interest at the same rate as set forth in these presents, together with such direct
charges as shall be a further lien upon the premises and secured by these presents.
5. That if the mortgagors be declared bankrupt or insolvent or make an assignment
for the benefit of any creditor or be placed under the control of or in custody of
any court, or if any of the mortgagors shall alienate said property, or then in any of
said events the mortgagee is hereby authorized and empowered at its own option,
without notice and without recourse to any court of law, to declare all sums secured
of said lien or any part of the mortgage hereunder to declare all sums secured
hereby immediately due and payable.
IN WITNESS WHEREOF, the said mortgagors have hereunto set their hand and seal this
15th day of February, A. D. one thousand nine hundred fifty-one.
Signed, sealed and delivered
in presence of
Anne E. Ward
Harold B. Soloveitzik
VINTEN G. McLAUGHLIN
ANNE D. McLAUGHLIN
STATE OF RHODE ISLAND, )
County of Washington, )
) ss.
In Westerly, on the 15th day of February, A. D. 1951, before me personally appeared
the above named Vinten G. McLaughlin and Anne D. McLaughlin, husband and wife, each and all
to me known and known by me to be the parties executing the foregoing instrument, and severally
acknowledged said instrument, by them executed, to be their free act and deed.
HAROLD B. SOLOVEITZIK
Notary Public.
Received for record February 17th, A. D. 1951 at 10:20 o'clock, a. m., and recorded by
[Signature]
Town Clerk
INDUSTRIAL NATIONAL BANK OF PROVIDENCE, having received full payment and satisfaction of the
within mortgage, does hereby cancel and discharge the same.
IN TESTIMONY WHEREOF, said Company has caused these Presents to be signed and its Corporate
Seal to be annexed thereto affixed by its Manager and Assistant Manager duly authorized this 23rd
day of May A. D. 1955
Signed and sealed
in presence of
Doris B. Davis
INDUSTRIAL NATIONAL BANK OF PROVIDENCE (Corporate Seal)
BY [Signature]
Kendall
Manager
Thomas Sutcliffe
Asst. Manager
Received for record May 24th, A. D. 1955 at 11:00 o'clock, a. m., and recorded by
[Signature]
Town Clerk