The instrument's own words
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391
{AND FURTHERMORE, the said mortgagors, for themselves and for their heirs, executors,
administrators and assigns, for the consideration aforesaid, and to further increase the se-
curity of this mortgage, do hereby covenant and agree to and with the said mortgage, and its
successors and assigns, as follows:
1. To pay all indulgences hereby secured in accordance with the tenor of
said note, and taxes and assessments of every nature levied or to be levied
upon said premises or upon the mortgage, its successors or assigns, in re-
spect to its mortgage, and all insurance premiums, whether under statutes now in
force or that may hereafter be enacted, all premiums for insurance main-
tained upon said premises, and all water rates and other expenses hereby se-
cured as herein provided.
2. To keep and maintain in reasonable condition, without loss or fire upon the buildings upon
said premises, payable in the case of loss or fire said mortgage, its successors and as-
signs, in at least such amount, not less than Fiftteen Hundred (31500.00)
Dollars and not less than the amount necessary to prevent the proportion of the
said insurance, plus the amount of any such loss, to be reduced for insurance main-
bled satisfactory to the mortgagors, the its successors and assigns, who are hereby authorized
to effect such insurance as they shall deem adequate or proper, and to insure by whom they
select; all insurance effected upon said building by the mortgagors, or their heirs,
devisees, administrators or assigns, shall be with the mortgage, its successors and as-
signs, to be payable to them, and the policies there- of
contributing to be delivered to the mortgage, its successors and assigns, whenever demanded,
constituting and appointing the President or Secretary for the time being of said
Zeitler Saving Fund Society, its successors and assigns, as their attorney in fact,
lawful attorney or attorneys irrevocable, in their name and being sued in the
unrestricted capacity of said attorney in fact, to adjust, settle and compromise,
collect and any all losses which may occur under any such insurance, to give
receiving receipts and discharges, to make full and final settlement of such losses,
to reimburse said attorney for expenses (including reasonable attorney's fees)
incurred in connection therewith, and to deliver the remainder thereof to said
mortgage, its successors and assigns, and to use the cause and apply the insurance
premium, or of dividend upon any cancelled insurance, notwithstanding any claim of
in whole or in part upon any installments of the indebtedness hereby secured, whether
or not then due, or to apply the same to the payment of taxes, assessments or insurance
premiums, or upon the cost of repairing or restoring the damaged buildings or im-
provements.
3. To maintain all buildings upon said premises in good repair, and not to cause or
permit waste, demolition or removal without first obtaining written consent of the
mortgage, its successors and assigns.
4. That all sums advanced by the mortgage, its successors and assigns, for the
payment of taxes, assessments, water rates or insurance premiums shall be prepaid
upon demand, and until repaid shall be added to the unpaid principal of said ind-
ebtedness hereby secured, and shall bear interest at the same rate as said indebt-
edness, and together with such interest, shall be a further lien upon the premises
secured by these premises.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 26th day of Novem-
ber, A. D. one thousand nine hundred and forty-eight.
Signed, Sealed and Delivered
In presence of
Henry Harris
Betty Alger
EVELYN I. MAGEE (SEAL)
JAMES MAGEE (SEAL)
STATE OF CONNECTICUT } sc.
County of New London }
In Pawcatuck, on the 26th day of November, A. D. 1948, before me personally appeared
the above named James Magee and Evelyn Magee, husband and wife, each and all to me known and
known by me to be the executives executing the foregoing instrument, and severally acknowledged
said instrument, by them executed, to be their free act and deed.
HENRY HARRIS (Notarial Seal)
Notary Public.
Received for record November 27th, A. D. 1948 at 9:30 o'clock, a. m., and recorded by
[?] Town Clerk
THE WESTERY SAVINGS FUND AND LOAN ASSOCIATION, having received full payment of all sums
due on this Mortgage, does hereby cancel and discharge the same. In testimony whereof, said
Association has caused its corporate seal to be hereunto affixed by the Treasurer thereof duly
authorized this 14th day of July 1952.
WESTERY SAVINGS FUND AND LOAN ASSOCIATION (L. S.)
By H. W. Barber Treasurers
In presence of
Katherine M. Carroll
Received for record July 16th, A. D. 1952 at 9:45 o'clock, a. m. and recorded by
[?] Town Clerk
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136
lay any pipe outlets or pipes, or to repair the same, always leaving
the premises as a good condition as when entered.
6. Is hereby further covenanted, understood and agreed by and between
the parties hereto that all and singular the conditions, covenants and
agreements on the part of the said grantees, their heirs and assigns on
their part to be kept and performed shall attach to and run with the land
hereby conveyed.
We, Mary E. Thorp and Merle N. Thorp, wives respectively of the grantors, release
to the said grantees, all our right of dower and all other interest in the aforesaid
premises.
WITNESS our hands this 29th day of May, 1952.
HOWARD E. THORP
MARY E. THORP
NELSON E. THORP
MERLE N. THORP
(DOCUMENTARY STAMPS, 55¢)
STATE OF RHODE ISLAND
COUNTY OF WASHINGTON
In Westerly on the 29th day of May, 1952, before me personally appeared Howard E.
Thorp, Nelson E. Thorp, Mary E. Thorp and Merle N. Thorp, to me known and known by me to
be the parties executing the foregoing instrument and they acknowledged said instrument,
by them executed, to be their free act and deed.
PAUL M. KEARNEY (Notarial Seal)
Notary Public.
Received for record June 4th, A. D. 1952 at 9:55 o'clock, a. m., and recorded by
[Signature]
Town Clerk
The page as recorded
