9/10/1868 · MORTGAGE DISCHARGE · book 9 page 156 doc 4075

156 Palbrack in their heirs, executors, administrators or assigns or any other person or persons shall pay said note at maturity together with the interest thereon according to the tenor thereof then this deed shall be void, otherwise shall it be deemed null and void and of no effect --- Furthermore we, the said Simon Palbrack and Maurice Palbrack do hereby constitute and appoint the said Jones Bray his executors, administrators and assigns our true and lawful attorney or attorneys, irrevocably, with full power of substitution and revocation for us and in our names or in the name of any of us at any time, in case default shall be made in the payment of said note or of the annual interest due thereon, or breach shall be made of the covenants of insurance hereafter contained and such default or breach shall continued for the term of ten days after full and public notice of the premises aforesaid or any part thereof their first notice being after the expiration of said term of ten days, twenty days notice of said note some part of one of the daily newspapers published in the county of Providence in our names or in the name of any of us to make, write, seal, execute and deliver to the purchaser or purchasers thereof any deed or deed or deeds that may be necessary to vest in such purchaser or purchasers full and complete and absolute title simple tenure and seisin of the said land (hereby renting unto him said attorney full power to constitute and appoint such substitute as from time to time he see fit in order to enable him and attorney to receive the amount the same may be sold for after the payment of the premises of all the expenses incident to such sale or sales to apply and pay off a parte, the residue thereof to the payment of the amount of principal and interest of said note hereby secured, including all taxes and in case of a sale for default in the payment of said annual interest or for breach of said covenants of insurance the proceeds of such sale shall be delivered and paid together on the day of such sale to attorney to our heirs or assigns for all sums over and above the amount thereof we hereby ratifying and approving and confirming such sale or sales as may be made or caused to be made by our said attorney --- Furthermore we the said Simon and Maurice Palbrack for ourselves and for our successors administrators and assigns do hereby covenant with the said Jones Bray his heirs and assigns that insurance against loss by fire shall be kept and maintained upon the buildings on the premises aforesaid in a sum not less than one thousand dollars ($1000) and that the policy or policies of such insurance shall be assigned and transferred to the said Jones Bray his assigns as collateral security hereunto and in default thereof the said Jones Bray or assigns may effect such insurance and the premiums or premiums therefor shall be a further lien upon the said estate, added to the amount of said note and recovered by the purchaser In testimony whereof we have hereunto set our hands and seals this 1st day of January in the year of our lord one thousand eight hundred and sixty seven signed sealed and delivered in presence of Simon Palbrack L.S. Maurice Palbrack L.S. [illegible] Palbrack L.S. [illegible] Smith Clrk Simon Palbrack State of Rhode Island ss I, Sc. in Charlestown this 1st day of January 1867, Simon Palbrack, Maurice Palbrack and Maurice Palbrack personally appeared before me one and acknowledged the foregoing instrument to them signed as their free and voluntary act and deed Rubens Stamps [illegible] [illegible] M. Palbrack Justice of the Peace [illegible] Paid interest Dec 14th 1867 to $8.04 & received by f. bray L.S. Received the full amount of the above mortgage, and I hereby discharge the same in presence [illegible] Witness my hand Jones Bray A. wheels’s [illegible] Certification Sept 14th 1868 [illegible] Registered Sept 16th 1868 [illegible] [illegible] [illegible]