2/28/1940 · MORTGAGE · book 28 page 165 doc 23@28/165

165 KNOW ALL MEN BY THESE PRESENTS: That I, William B. Rathbone, of the Town of Charlestown, County of Washington, State of Rhode Island (hereinafter called the mortgagor) in consideration of one Thousand dollars to be remained by the WASHINGTON TRUST COMPANY, a Cor- poration legally incorporated, and established and transacting business in the Town of West- erly, County of Washington, State of Rhode Island, the receipt whereof is acknowledged, do hereby grant, bargain, sell and convey unto the said WASHINGTON TRUST COMPANY, its Suc- cessors and Assigns, forever, (two) (2) certain tracts or parcels of land situated on the north- erly side of the Post Road, so called, in said Town of Charlestown, Rhode Island, bounded and described as follows, to wit: FIRST TRACT: a certain parcel of land containing fifty (50) acres, more or less, with a dwelling house and all other buildings and improvements thereon, bounded northerly by land now or formerly of Chas. G. & J. S. Moore, et als; easterly by land now or formerly of said John Williams, et al and by the Post Road; southerly by the first Post Road and westerly by land now or formerly of the heirs of "frank w. arnold and by the brook and pond [?]. being the same premises which were conveyed to said William B. Rathbone by a four (4) deeds as follows: by a deed from George J. Baxter dated July 16, 1924 and recorded in the Records of Deeds in Book 24, page 115; by a deed from George J. Baxter dated Nov. 2, 1925 from Henry L. Cressey dated July 21, 1924 and recorded in said Charlestown Re- cords of Deeds in Book 25, page 111; by a deed from Henry L. Cressey dated December 1, 1924 and recorded in said Charlestown Records of Deeds in Book 25 page 361 2pt; and by a deed from William B. Rathbone and Florence D. Rathbone dated November 15, 1926 and recorded in said Charlestown Record of Deeds in Book 26 page 361 1pt. A portion of said First Tract is subject to a mortgage from William B. Rathbone to the Washington Trust Company dated March 7, 1929 and recorded in said Charlestown Records of Deeds in Book 27, page 23 at page 373, upon which there is a present unpaid principal balance of $1000.00. TO HAVE AND TO HOLD the aforementioned premises, with their appurtenances, onto and to the use of the said the Washington Trust Company, its Successors and Assigns, Forever. And I the said mortgagor do hereby, for myself, and for my heirs, executors and admin- istrators, covenant with the said Washington Trust Company, its Successors and Assigns, that I am lawfully seized in fee simple of the said land granted premises; that the same are free from all incumbrances; that I have good right, full power and lawful authority to sell and convey the same in manner as aforesaid; except as hereinafter mentioned that the said the Washington ton Trust Company, its Successors and Assigns, shall by these presents at all times hereafter peace- ably and quietly have and enjoy the said premises, and that the said mortgagor will, and my heirs, executors and administrators, shall warrant and defend the same to the said The Washing- ton Trust Company, its Successors and Assigns, forever, against the lawful claims and demands of all persons, and will also pay the moneys, taxes, assessments and other expenses hereby secured as hereinafter provided. And for the consideration aforesaid I, Florence D. Rathbone do hereby release all my Right of dower and all other rights, statutory or otherwise, in and to the said granted premises unto the said The Washington Trust Company, its Successors and Assigns, Forever. PROVIDED, NEVERTHELESS, that if we said mortgagors, or our heirs, executors, adminis- trators or assigns, shall not pay unto the said Washington Trust Company, its Successors or Assigns, the sum of One Thousand Dollars at its Banking House in (6) six months from the date hereof, with interest thereon, at the rate of six per centus per annum, payable semi-annually in advance until said principal sum is paid, whether at or after maturity, and all installments of interest in arrear, 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 assessed or imposed upon or in respect of said premises, or upon said The Washington Trust Company, its Successors or Assigns, in respect of this mortgagor or mortgage debt, whether under statutes now in force or that may be hereafter enacted, and shall maintain insurance on said premises as hereinafter

167 Successors and Assigns, as collateral security here to, and in default thereof hereby agree that said The Washington Trust Company, its Successors or Assigns, may from time to time time any premiums which may be necessary to maintain existing insurance or may effect new insurance; and the said mortgagors for ourselves and for our heirs, executors, administrators and assigns, agree to repay to the said The Washington Trust Company, its Successors or Assigns, upon demand any premiums paid by it or to them, and if not repaid, the same shall be added to said principal sum and shall be a further charge upon said premises granted and secured by these presents as aforesaid. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 14th day of September A. D. one thousand nine hundred and thirty-nine. Signed, sealed and delivered in presence of MILDRED N. BRAY JOSEPHINE L. CRONIN WILLIAM B. RATHBONE FLORENCE D. RATHBONE STATE OF RHODE ISLAND County of Washington } ss. In Westerly on the 14th day of September A. D. 1939 before me personally appeared the above named mortgagors William B. Rathbone and Florence D. Rathbone 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. MILDRED N. BRAY Notary Public. Received for record February 28th, A. D. 1940 at 9:00 o'clock, a. m., and recorded by [Signature] Town Clerk ---- The Washington Trust Company in the Town of Westerly, County of Washington, State of Rhode Island, having received full payment and satisfaction of the within mortgage, recorded in the Records of Town of Charlestown, Rhode Island in Land Evidence Records Book Number 28, Pages 165-166-167 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 hereunto affixed by its Treasurer duly authorized, this 15th day of November A. D. 1944. Signed and Sealed in presence of Arthur h. Perry. THE WASHINGTON TRUST COMPANY (Corporate Seal) by Alfred G. Baker, Treas. Received for record November 15th, A. D. 1944 at 4:41 o'clock, p. m., and recorded by [Signature] Town Clerk