The instrument's own words
page 1 · read by Gemma vision
154
KNOW ALL MEN BY THESE PRESENTS: That we, GEORGE W. BLIVEN and ANNIE BLIVEN, husband and wife, both of the Town of Charlestown, in the County of Washington and State of Rhode Island, (hereinafter called the mortgagors) in consideration of One Thousand ($1000.00) Dollars to us paid by the WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, a corporation legally incorporated, and established and transacting business in the Town of Westerly, in the County of Washington, and State of Rhode Island, the receipt whereof is acknowledged, do hereby grant, bargain, sell, grant and convey unto the said WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (hereinafter called the mortgagees), its successors and assigns, forever, a certain tract or parcel of land containing by estimation thirty-five (35) acres, more or less, lying and lying in the said Town of Charlestown, County of Washington and State of Rhode Island, together with the buildings and improvements thereon bounded and described as follows:
Westerly by the Healy Farm, so-called; southerly by Mill Brook, so-called, to the South Meadow; thence northerly, bounding easterly by St. Pauls Neck Meadow to the southeast corner of the same; thence southeasterly, bounding easterly southerly to the Next Meadow to the East Pasture wall, so-called; thence southeasterly, bounding easterly by the East Pasture wall, so-called, to the boundary of Mead and Soper Pasture; thence westerly, bounding northerly partly by said Soper Pasture, bounding southerly partly by fences and former Josey of جامعة [?] the same first mentioned line at said Healy Farm and thence northerly close boundary of the same.
Being the same premises conveyed to said George W. Bliven and Annie Bliven by Albert S. Bliven, by Deed dated August 21, 1917 and recorded in Book 26 page 29 of the Charlestown Land Evidence Records in said Town of Charlestown; and the same premises which were conveyed to said George W. Bliven by Frank S. Bliven by Deed dated September 13, 1905 and recorded in Book 25 page 47 of said Charlestown Land Evidence Records, specifications of the purchase thereof which were conveyed to said George W. Bliven by Deed recorded in Book 26 page 64 of said Charlestown Land Evidence Records and recorded in the Town of Westerly by a Deed recorded in Book 1145 page 411 of said Charlestown Land Evidence Records. This conveyance includes the right of way reserved to said George W. Bliven in said deed to the State of Rhode Island, and is subject to a certain reservation of a right of way as referred to in said deed from Frank H. Bliven to George W. Bliven.
Together with all buildings and improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereunto belonging or in any wise now or hereafter appertaining, the rents, issues and profits thereof and, all plumbing, heating, lighting and other fixtures, equipment and articles now or hereafter attached thereto.
TO HAVE AND TO HOLD the aforementioned premises, with the their appurtenances, unto and to the use of the said mortgagee, its successors and assigns, forever.
And the said mortgagors do hereby, for themselves and for their heirs, executors and administrators, covenant with the said mortgagees, and its successors and assigns, that they are lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances; that they have good right, full power and lawful authority to sell and convey the same in manner as aforesaid; that the said mortgagee, and its successors and assigns, shall, by these presents at all times hereafter peaceably and quietly have and enjoy the said premises, and that the said mortgagors will, and their heirs, executors and administrators, shall, warrant and defend the same to the said mortgagee, and its successors and assigns, forever, against the lawful claims and demands of all persons.
THE CONDITION OF THIS DEED is such, that whereas we have this day pledged and transferred to the said mortgagees five-5 shares of its capital stock, said shares being in the 10yrd Series, as collateral security, together with the real estate hereby conveyed, for the performance of the terms, covenants and conditions of this mortgage and of the note hereinafter mentioned, upon which shares said sum of One Thousand ($1000.00) Dollars has been advanced to us by said mortgagee, now therefore, if we, the said mortgagors or our heirs, executors, administrators, or assigns, shall pay unto the said mortgagee, its successors or assigns the sum of Ten and 00/100 ($10.00) Dollars monthly, each and every month thereafter, at such times and places as shall be designated by said mortgagee, or its successors or assigns, be-ing the amount of the monthly due on said 5- shares and of the monthly interest upon said
page 2 · read by Gemma vision
156
will upon request execute such deed or deeds confirmatory of such sale or sales as may be
necessary or advisable.
AND FURTHERMORE, the said mortgagors, for themselves and for their heirs, execu-
tors, administrators and assigns, for the consideration aforesaid and to further increase
the security of this mortgage, do hereby covenant agree and to and with the said mortgagee,
and its successors and assigns, as follows:
1. To pay all indebtedness hereby secured in accordance with the tenor of the said
note, and to pay all taxes and assessments of every nature levied upon said premises
or upon the mortgage, its successors or assigns, in respect to this mor-
tgage or any mortgage induced thereby, and the parties not in favor of which
or hereafter imposed, all premiums for insurance maintained upon said
premises, all water rates and other expenses hereby secured as a prior
lien.
2. To keep and maintain insurance against loss by fire upon the buildings upon
said premises, payable in case of loss to said mortgagee, its successors and
assigns in an amount not less than the total of the loan amount (first mortgage)
less and not less than the amount necessary to prevent the operation of co-
insurance, with a company or companies (each company or company combination)
be satisfactory to the mortgagee, its successors and assigns, and who are hereby
authorized to substitute any other insurance company or companies as they may
select; all insurance effected upon said buildings by the mortgagors, or their
behalf, shall be made payable to the mortgagee, its successors and assigns, to be
held by the mortgagors, its successors and assigns, to be payable to, and the policies
thereof to be delivered to the mortgagee, its successors and assigns, and to be hereby
making, constituting and appointing the President or Secretary for the time being
of the WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, or its successors,
their true and lawful attorney or attorneys at law, irrevocable, in their name and
stead but in the uncontrolled discretion of said attorney, to demand, adjust,
sum, use and settle any and all claims for loss, and to receive and collect for
such insurance, to give discharging receipts for any and all sums received in
settlement of such losses to the mortgagee, its successors and assigns, including reasonable attorney's
fees incurred in connection with such settlements, and to deliver the remainder thereof
to said mortgagors, its successors and assigns, including reimbursement of any
unearned premium or of dividend upon any cancelled insurance, notwithstanding any
agreement to the contrary, and to apply any sums paid upon said premises,
their election in whole or in part upon any installments of the indebtedness
hereby secured, or upon any taxes due, or in reimbursement of advances for
taxes, assessments or insurance premiums, or upon the cost of replacing or re-
storing the damaged buildings or improvements.
3. To maintain all buildings upon said premises in good repair, not to permit cause
or permit to exist any waste upon said premises, and to first obtain writing with
consent of the mortgagee, its successors and assigns.
4. That all amounts advanced by the mortgagee, its successors and assigns for the
payment of taxes, assessments or insurance premiums shall be re-
paid upon demand, and until with repaid shall be added to the unpaid principal of the
note, and shall bear interest at the same rate of interest that the unpaid balance of
said indebtedness, and together with such interest, shall be a further lien
upon the premises secured by these presents.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this first day of
February, A. D. one thousand nine hundred and forty.
Signed, Sealed and Delivered
In the presence of:
HENRY HARRIS
REGinald O. LINEMAN
GEORGE W. BLIVEN (SEAL)
ANNIE BLIVEN (SEAL)
STATE OF CONNECTICUT)
County of New London) ss.
In Pawcatuck, on the first day of February, A. D. 1940, before me personally
appeared the above named George W. Bliven and Annie Bliven, husband and wife, each and
said to me known and by me to be the parties executing the foregoing Instrument, and
voluntarily acknowledged said instrument, by them executed, to be their free act and deed.
HENRY HARRIS (Notarial Seal)
Notary Public
The Westerly Savings Fund and Loan Association, having received full payment of the debt due on
its mortgage, does hereby cancel and discharge the same.
In Testimony whereof, said Association has caused its corporate seal to be hereunto affixed by the
presence of:
WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (Corporate Seal)
By: [?]
In presence of: [?]
Received for record February 3rd, A. D. 1940 at 9:00 o'clock, a. m., and recorded by
[?]
Town Clerk
Received for record June 18th, A. D. 1952 at 9:05 o'clock, a. m., and recorded by
[?]
Town Clerk
The page as recorded
