The instrument's own words
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THIS AGREEMENT made and concluded this second day of March, A. D. 1936, by and
between HAZARD H. BURDICK, of the Town of Charlestown, in the County of Washington and State
of Rhode Island, hereinafter called the "Seller", and GUSTAV OSTERNBERG, of No. 45 Christopher
Street, New York City, in the County and State of New York, hereinafter called the "Purchaser",
WITNESSETH:
That the said Seller, in consideration of one Hundred ($\$100.00$) Dollars to him paid
by the said Purchaser, the receipt whereof is hereby acknowledged, and in further consideration
of the promises of the said Purchaser hereinafter contained, doth hereby promise and agree
to and with the said Purchaser, that, immediately upon the faithful performance of the said
agreement hereinafter made, he, the said Seller will make and deliver to the said Purchaser
a good and sufficient Warranty Deed, containing the usual covenants in such deeds contained,
of all that tract of land site situated, lying and being at Quonochontaug, East Beach, in the said
Town of Charlestown, Rhode Island, bounded and described as follows:—
Beginning at a point on the easterly side of the highway leading from the Post Road to
Quonochontaug, East Beach, and thence said Beach, point being the south
eastern corner of the parcel of land hereinafter described and the south easterly
corner of Lot no. 65 as shown and delineated on a plat entitled, "Revised
Plat of Cottages Site, Point Beach, Quonochontaug, East Beach, Town of
Beach, Charlestown, R.I., Scale 1 inch equals 60 feet. Ply. 1926 Rossel
A. Lord, Engineer", the said Lot no. 65 being 200 feet, or more or less, in
length, s. to the northern corner of Lot no. 17 as shown and delineated on a
said plat, thence northerly along the easterly boundary of said Lot no. 65 to
Lot no. 17 a distance of 165 feet, more or less, to the shore of Charlestown
Point Beach, thence easterly along said shore to a point being the northern
boundary of 250 feet, more or less, to the line of the stone wall marking the
northerly boundary of land of said Hazard H. Burdick thence westerly along
said stone wall as a boundary line a distance of 250 feet, more or less, to
the easterly line of the highway; thence southerly along said line
together with a distance of 165 feet, to the point of place and beginning of
these premises;
Bounded westerly by the highway leading from the Post Road to Quon-
ochontaug, East Beach, southerly by lands of no one formerly or now owned by Hazard H.
Burdick, easterly by Charlestown Point Beach, and northerly by lands of
David Moulton.
Reference is hereby made and save to a plat showing the premises
hereinafter described, entitled "Land at Quonochontaug, East Beach, Charlestown,
R.I. Conveyed by Hazard H. Burdick to Gustav Osternberg, Scale
1 inch equals 60 feet. Engineer Rossel A. Lord, Ply. 1926", a copy of which
plat is to be filed in the Office of the Town Clerk of Town of Charlestown.
In consideration whereof, the said Purchaser does hereby promise and agree to and
with the said Seller that he will pay to said Seller the further sum of Twenty nine hundred
($\$2900.00$) Dollars, in addition to the payment already made, being the balance of the pur-
chase money hereby agreed upon for the said tract of land, in manner and form as follows:—
By payments of Fifty ($\$50.00$) Dollars each on the first business day of each successive month
commencing April 1, 1936, and thereafter until said sum of $\$2900.00$ shall be paid in full,
without interest thereon. Said Purchaser may anticipate the payment of any part or all of
the unpaid balance of said purchase price, at any time prior to the due day thereof, and
upon payment of said balance in full, said Purchaser shall be entitled to receive the form of an
Warranty Deed hereinbefore referred to, free and clear of any encumbrances or restrictions.
Upon the execution and delivery of this agreement, the Purchaser shall be entitled to immediate
possession of the premises hereinbefore described, and may hold and keep such possession as
long as he shall properly perform the terms and conditions of this agreement on his part to be
performed. Until such time as said Purchaser shall be entitled to receive a deed of said
premises, all taxes and other similar assessments thereon heretofore assessed or payable
shall be promptly paid by the Seller. If any of the payments herein referred to are made by
the Purchaser, shall remain overdue for more than thirty (30) days after the due date thereof,
the entire unpaid balance of said purchase price shall, at the option of the Seller, become
immediately due and payable upon demand, and in the event the Purchaser shall fail to pay such
balance upon such demand, he shall forfeit all claims to the premises herein described, and
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all moneys paid in pursuance of this agreement shall be retained by the Seller as liquidated
damages for the non-performance of this agreement.
I, Nila T. Burdick, wife of the said Hazard H. Burdick, in consideration of the sum
paid as aforesaid, and in consideration of the promises of the said Purchaser hereinabove con-
tained, do hereby release and forever quitclaim unto the said Purchaser, all my right of dower
in and to the aforesaid premises, conditioned however, upon the full and complete per-
formance by said Purchaser of all the promises on his part herein to be performed, and upon
the complete performance thereof, I agree to execute such deed or other instrument as shall
be required to release all rights, including my said right of dower, which I have or may have
in and to said premises.
IN TESTIMONY WHEREOF, we have hereunto set our hands and seals, and to a Duplicate
of the same tenor and date, on the day and year first above mentioned.
Witnesses:
R. E. Clarke GUSTAV ODERHOLM (SEAL)
As to the Purchaser Purchaser
Incy B. Pendleton HAZARD H. BURDICK (SEAL)
As to Seller and Wife Seller
NILA T. BURDICK
Received for record March 7th, A. D. 1936 at 4:15 o'clock, p. m., and recorded by
[Signature]
Town Clerk
The page as recorded
