The instrument's own words
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692
KNOW ALL MEN BY THESE PRESENTS, That We, EJALMAR KIVI and ANNE KIVI, his wife,
both of the City of New York, State of New York, (hereinafter called the mortgagors) in
consideration of One Thousand ($1,000) Dollars, to us paid by WAKEFIELD TRUST COMPANY, a
corporation created by the General Assembly of the State of Rhode Island, located and
transacting business in the Town of South Kingstown, County of Washington, in said State,
the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey
unto said Wakefield Trust Company, its successors and assigns forever:
That certain real estate with all buildings and improvements located thereon,
situated in the Town of South Kingstown, County of Washington, State of
Rhode Island, and described as follows:
beginning at a point on the southerly side of the State Highway, com-
monly called South County Trail, at the northeasterly corner of Laurel Manor and premise
hereby conveyed now and forever to said Wakefield Trust Company, said land, a distance
of thirty running southerly until it intersects said South County Trail; thence, a distance
of Three Thousand (3000) feet; thence turning an angle of 90° west, then running
generally westward until it intersects said South County Trail; thence, a distance of
running northerly, maintaining a distance of Five Hundred (500) feet, thence turning
distant from and parallel to said State Highway, running westerly, a distance of Three Thousand
(3000) feet more on the southerly side of said State Highway; thence turning and running
easterly, bounded northerly by said State Highway, a distance of Five Hundred (500)
feet to the point of beginning.
Being the same premises conveyed to the mortgagors by deed from Michael
A. Pietila and Mary K. Pietila dated May 3, 1945 and recorded in the Deeds
of Desents in said Town of South Kingstown Book 29 a Page 419.
This conveyance is made subject to all rights of way of record.
TO HAVE AND TO HOLD, the aforementioned premises, with all the privileges and
appurtenances belonging thereto, unto and to the use of said WAKEFIELD TRUST COMPANY,
its successors and assigns, forever.
And we the said mortgagors do hereby, for ourselves and for our heirs, executors, and
administrators, covenant with said WAKEFIELD TRUST COMPANY, its successors and assigns,
that we are lawfully seized in fee simple of the said granted premises; that the same are
free from all incumbrances, that we have good right, full power and lawful authority to
sell and convey the same in manner above aforesaid; that said WAKEFIELD TRUST COMPANY, its
successors and assigns, shall by these presents at all times hereafter peaceably and quietly
have and enjoy the said premises, and that we the said mortgagors will, and our heirs, exe-
cutors and administrators shall, warrant and defend the same to said Wakefield Trust Company,
its successors and assigns, forever, against the lawful claims and demands of all persons.
And for the consideration aforesaid,
do hereby expressly release all right of in and to the said granted premises unto said
Wakefield Trust Company, its successors and assigns, forever.
PROVIDED, NEVERTHELESS, this conveyance is made upon the express condition,
that if we the said mortgagors, or our heirs, executors, administrators, or assigns, shall
pay unto said Wakefield Trust Company, its successors or assigns, the sum of One Thousand
($1,000) Dollars, wherever the same be made our negotiable promissory note
for said aggregate sum, bearing even date with these presents and made payable to the order
of the said Wakefield Trust Company, One (1) from the date hereof, with interest
thereon at the rate of six (6%) per centum per annum, payable semi-annually in advance until
said principal sum is paid, whether at or after maturity, and all installments of interest
in arrears, whether before or after maturity, to bear interest at the rate aforesaid until
paid, and shall also pay all taxes and assessments of every kind levied or assessed upon or
in respect of said premises or, in respect of said mortgage, which said Wakefield Trust
Company, its successors or assigns, may be called upon to pay, whether assessed under stat-
utes now in force or that may be subsequently enacted, then this deed as also said promissory
note shall become and be absolutely void to all intents and purposes whatsoever.
BUT IF DEFAULT shall be made in the payment of the said principal sum or of said
interest at the time or times and in the manner aforesaid, or of the taxes or assessments
aforesaid, as the same become payable, or by any of or either of them, or of any part thereof,
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694
In So. Kingstown on the 30th day of March A. D. 1946 before me personally appeared the above named Hjalmar Kivi and Anne Kivi, both to me known and known by me to be the parties executing the foregoing instrument, and they severally acknowledged said instrument, by them executed, to be their free act and deed.
FRANK L. CHANDALL
Notary Public.
Received for record April 4th, A. D. 1946 at 9:00 o'clock a. m., and recorded by
[signature]
Town Clerk
----
The Wakefield Trust Company in South Kingstown, having received full payment and satisfaction of the within mortgage, does hereby cancel and discharge the same.
and
IN TESTIMONY WHEREOF, said Trust Company has caused these presents to be signed this its Corporate Seal to be hereunto affixed by the Treasurer thereof, duly authorized this 26th day of July, A. D. 1950.
Signed and Sealed }
in presence of }
Margaret B. Walker }
THE PROVIDENCE NATIONAL BANK (Corporate Seal)
Richard A. Helliwell
Vice President.
Received for record July 28th, A. D. 1950 at 9:00 o'clock, a. m., and recorded by
[signature]
Town Clerk
The page as recorded
