The instrument's own words
page 1 · read by Gemma vision
AND FURTHERMORE, 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 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 Two Thousand and 60/100 ($2,000.00) 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 pay from time to time to any premiums which may be necessary to maintain existing
insurance or may effect any 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 then not repaid, if not repaid, the same shall
be added to said principal sum and shall be a further charge upon said land premises granted and
secured by these presents, as aforesaid.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this 10th day of November,
A. D. one thousand nine hundred and fifty.
Signed, sealed and delivered {
in presence of {
Alfred C. Baker { MILCON A. PENNER
MILDRED A. PENNER
STATE OF RHODE ISLAND, {
} SC,
County of Washington {
}
In Westerly on the 10th day of November, A. D. 1950 before me personally appeared the
above named mortgagors, Milton A. Penner and Mildred A. Penner, husband and wife, 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.
ISABELLE W. ROOK (Notarial Seal)
Notary Public.
Received for record November 13th, A. D. 1950 at 9:00 o'clock, a. m., and recorded by [?]
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 Charlestown, R. I. in Real Estate Mortgage Book Number 30 Page 343, s 4 & 5 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 thereto affixed by its Vice President duly authorized this 1st day of April A. D. 1953.
Signed and Sealed in {
presence of {
James W. Shaw { THE WASHINGTON TRUST COMPANY (Corporate
Seal)
by Alfred C. Baker, Vice Pres.
Received for record April 2, 1953 at 11:25 o'clock, a. m., and recorded by [?]
Town Clerk
The page as recorded
