The instrument's own words
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Successors and Assigns that insurance against loss by fire shall be kept and maintained 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 Fifteen hundred ($1500.) 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, hereby 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, and that the premium or premiums paid therefor shall be a further charge upon said granted premises secured by these presents as aforesaid.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this second day of December A. D. one thousand nine hundred thirty-one.
Signed, sealed and delivered in presence of
LEWIS STANTON
GILBERT S. BISSET
KATHERINE B. CRANDALL (SEAL)
CARL F. CRANDALL (SEAL)
STATE OF RHODE ISLAND)
County of Washington ) ss.
In Westerly on the third day of December A. D. 1931. before me personally appeared the above named Katherine B. Crandall and Carl F. Crandall, wife and husband each and all to me known, 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.
RAYMOND C. VARS
Notary Public.
Received for record January 9th, A. D. 1931 at 11:00 o'clock, a. m., and recorded by [?]
Town Clerk.
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Industrial Trust Company, having received full payment and satisfaction of the within mortgage, 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 the Manager & the Asst. Manager of its Westerly Branch, duly authorized, this 2nd day of April, A. D. 1945.
Signed and sealed
In presence of
Lillian G. Corates
INDUSTRIAL TRUST COMPANY
By Hiram Kendall (Corporate Seal)
Manager
Thomas Sutcliffe
Asst Manager
Above discharge received for record April 3rd, A. D. 1948 at 9:00 o'clock, a. m., and recorded by [?]
Town Clerk.
The page as recorded
