6/26/1943 · DEED · book 29 page 75 doc 37@29/75

90 time to time; and such sale be to upone the premises or elsewhere, as specified in such notice; and in its or their own name or names, or as the attorney or attorneys of the said mortgagors (for that purpose ty these presents duly authorized and appointed with full power of substitution and revocation), to make, execute, and deliver to the pur- chaser or purchasers at such sale or sales, good and sufficient deed or deeds of said premises, in fee simple; and to receive the purchase moneys, and from therefrom to retain all sums hereby secured, whether then due or then due to fall due thereafter, or the part thereof then remaining unpaid, and also the interest then due on the same, together with all the expenses incident to such sale or sales, and all counsel fees and other expenses in- curred in, or on any way connected with the exercise of these proers, and all taxes and assessments as aforesaid, and all premiums for insurance, either therefore paid to said Industrial Trust Company, its Successors or Assigns, or then remaining unpaid, ren- dering and paying the 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 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 the said mortgagors, their heirs, executors, administrators and assigns, and all persons claiming said premises so sold, ty, to from, under them or any of them. And we, and the said mortgagors, for ourselves, and for our heirs, executors, admin- istrators and assigns, hereby covenant with said Industrial Trust Company, its Successors and Assigns, that we or we 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 ourselves, and for our heirs, executors, administrators and assigns, hereby covenant with said Industrial Trust Company, its Successors and Assigns that insurance against damage from loss by fire shall be kept and maintain- ed on the buildings on the premises aforesaid, in such office or offices as said Industrial Trust Company, its Successors and Assigns, shall approve, in a sum not less than five Hundred ($500) Dollars, and that all policies of insurance upon said buildings shall be assigned and transferred, or made payable in case of loss to said Industrial Trust Company, its Successors and Assigns, as collateral security thereto, and in default thereof, hereunto agree that said Industrial Trust Company, its Successors and Assigns, may effect such insurance either in its or their own name, or in the name of said mortgagors, their heirs or assigns, but that the premiums or premium paid therefor shall be a further charge upon said granted premises, secured by these present premises as aforesaid. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 29th day of Sept. A. D. one thousand nine hundred thirty-nine. [Seal], signed and delivered in presence of [?] GABRIEL NELSON ANNA NELSON STATE OF RHODE ISLAND) County of Washington ) In Westerly on the 29th day of September A. D. 1939 before me personally appear- ed the above named Gabriel Nelson and Anna Nelson, 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. (Notarial Seal) ROBERT R. COOKE Notary Public. Received for record September 30th, A. D. 1939 at 9:00 o'clock, a. m., and recorded by [Signature] Town Clerk Above Discharge of Mortgage received for record March 27th, A. D. 1943 at 9:15 o'clock, a. m., and recorded by [Signature] Town Clerk Industrial Trust Company, having received full payment and satisfaction of the whole of the mortgage ITS successors and assigns hereby certifies the cured these Premises to be hereby freed and discharge the same. In witness whereof the said Industrial Trust Company has caused these Presents to be signed and its corporate seal to be hereunto affixed this twenty-fifth day of March, A. D. 1943. By [Signature] Thomas Sutcliffe, Asst. Manager [Seal] Industrial Trust Company Signed and sealed in presence of [?] [Signature] ROBERT R. COOKE Notary Public.