The instrument's own words
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343
surplus of said purchase moneys, if any, there be over and above the amounts so to be retained as aforesaid, together with a true and particular account of such sale or sales, expenses and charges, to them the said mortgagors, their heirs, executors, administrators or assigns, which sale or sales shall forever be a perpetual bar both in law and equity against them the said mortgagors, and the said mortgagors' heirs, executors, administrators and assigns, and all persons claiming said premises as sold by, from or under them or any of them.
And we the said mortgagors, for ourselves and for our heirs, executors, administrators and assigns, hereby covenant with the said The Washington Trust Company, its Successors and Assigns, that we or they will upon request execute such deed or deeds confirmatory of such sale or sales as may be necessary or advisable.
AND FURTHERMORE, we the said mortgagors, for themselves and for their heirs, executors, administrators and assigns, hereby covenant with the said The Washington Trust Company, its Successors and assigns, that insurance against loss by fire or any other casualty which may be specified by the mortgagee shall be kept and maintained on the buildings on the premises aforesaid in such office or offices as the said Company, its Successors and Assigns, shall approve, in a sum not less than Seven thousand and oo/100 ($7000.00) Dollars or in such greater amounts as will prevent the operation of co-insurance clauses contained in such policies of insurance, and that the policy or policies of such insurance shall be assigned and transferred, or made payable in case of loss, to the said The Washington Trust Company, its Successors and Assigns, as collateral security hereto, and in default thereof hereby agree that said The Washington Trust Company, its Successors or Assigns, may from pay from time to time any premiums which may be necessary to maintain existing insurance or may effect new insurance; and the said mortgagors for themselves and for their heirs, executors, administrators and assigns agree to repay to the said The Washington Trust Company, its Successors or Assigns, on demand any premiums paid by it or 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 9th day of December A. D. one thousand nine hundred and fiftytwo.
Signed, sealed and delivered
in presence of
Stephen J. Segarzewski } } ROBERT N. CLARKE
} } JEAN M. CLARKE
STATE OF RHODE ISLAND, }
} Sc.
County of Washington }
In Hopkinton, on the 9th day of December A. D. 1952 before me personally appeared the above named mortgagors Robert N. Clarke and Jean M. Clarke 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.
STEPHEN J. SEGARZEWSKI
Notary Public
Received for record December 10th, A. D. 1952 at 10:20 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 in Land Evidence Book 33, page 343, does hereby release 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 12th day of August A. D. 1953
Signed and Sealed in presence of } } THE WASHINGTON TRUST COMPANY (Corporate Seal)
David Robertson } } by Robert B. Perry, Treas.
Above discharge received for record August 15th, A. D. 1953 at 9:44 o'clock, a. m., and recorded by
[signature]
Town Clerk