The instrument's own words
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KNOW ALL MEN BY THESE PRESENTS, That We, JAMES E. HEAP and EMMA B. HEAP, of South Kingstown, Washington County, Rhode Island, (hereinafter called the mortgagors) in consideration of One Thousand Five Hundred ($1,500.00) Dollars, to be paid to WAKEFIELD TRUST COMPANY, a corporation created by the General Assembly of the State of Rhode Island, and 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, convey and unto said Wakefield Trust Company, its successors and assigns forever:
A certain tract of beach land with a cottage and other buildings thereon standing, situated and located in Charlestown, in said County of Washington and bounded as follows: Beginning at the most north-east corner of said tract and running south 15 1/2 degrees east to the land of George Watson; thence southerly bounding easterly bound of line of forestry of George Watson; thence southerly bounding easterly bound of said tract by a fence 120 feet; thence southerly bounding easterly boundary of land of Mrs. Eva Smith 141 feet; thence southerly bounding easterly boundary of land of Mrs. Eva Smith 141 feet; thence southerly to the boundary of Kingstown or otherwise, bounded otherwise said highway to the page of beginning, or otherwise bounded otherwise.
Also that tract of land with all buildings and improvements thereons situated, located in the Village of Kingstown in the Town of South Kingstown, County of Washington and lying between the road and the beach and bounded as follows: Beginning at the road now or lately of Fred I. Crandall and wife on the west by the North Road, southerly on the road 110 feet to the land of Dr. Howard E. Thorp; thence on the south by the homeland of Mary L. Potter; thence on the west by the land of Emma B. Heap and James E. Heap; thence northerly in the place of a fence 141 feet to the northwest corner of said tract. Excepting so much as thereof was conveyed by these mortgagors to Fred I. Crandall and wife, by deed dated December 12, 1935. This second tract of land is conveyed subject to a first mortgage held by said first mortgage.
TO HAVE AND TO HOLD, the aforesaid premises, with all the privileges and appurtenances thereunto belonging, unto and to the use of said WAKEFIELD TRUST COMPANY, its successors and assigns, forever.
And we and 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, except said mortgage, that we have good right, full power and lawful authority to sell and convey the same in the manner as 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 mortgage will, and our heirs, executors 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.
PROVIDED, NEVERTHELESS, that this conveyance is made upon the express condition, that if the said mortgagors, or their heirs, executors, administrators or assigns, shall pay unto said Wakefield Trust Company, by the tenth day of October, in each year, the sum of One Thousand Five Hundred ($1,500) Dollars, therefore for the said mortgagors have made their negotiable promissory note for said aggregate sum, bearing oven date with these presents and made payable to the order of the said Wakefield Trust Company, one year from the date with these presents, and with interest thereon at the rate of six 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 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 statutes 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 of any, or either of them, or of any part thereof, or if breach shall be made of the covenant for insurance hereinafter contained, then it shall be
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STATE OF RHODE ISLAND
County of Providence
In Providence on the 15th day of February, A. D. 1936, before me personally appeared the above named James S. Heap, to me known and known by me to be the party executing the foregoing instrument, and he acknowledged said instrument, by him executed, to be his free act and deed.
ADA L. SAWYER
Notary Public.
STATE OF RHODE ISLAND )
County of Washington )
In South Kingstown on the 19th day of February A. D. 1936 before me personally appeared the above named Anna B. Heap to me known and known by me to be the party executing the foregoing instrument, and she acknowledged said instrument, by her executed, to be her free act and deed.
FRANK L. CRANDALL
Notary Public.
Received for record February 29th, A. D. 1936 at 4:00 o'clock, p. m., and recorded by [signature]
Town Clerk.
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Discharge of Mortgage
Industrial National Bank of Rhode Island, having received full payment and satisfaction of a certain mortgage made by June E. Heap and Anna B. Heap to Wakefield Trust Company dated February 15, 1936 in the amount of Fifteen Hundred ($1500.00) Dollars and recorded in Town of Charlestown Mortgage Book No. 18, page 177 from said Wakefield Trust Company, and said Industrial National Bank of Rhode Island has caused its corporate name and seal to be hereunto affixed by its proper officers Thereunto duly authorized this 18th day of August A.D. 1972.
(Corporate Seal)
By W.N. HUNGERFORD, Jr. Manager
NANCY HUTCHINSON
Received for record, October 6th, A. D. 1972 at 3:30 o'clock P.M. and recorded by [signature]
Deputy Town Clerk
The page as recorded
