The instrument's own words
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Know all men that I, Oliver D. Clark of Charlestown County of
Washington in the State of Rhode Island to forever grant of hereby give
to the Wakefield Institution for savings a corporation established by the
General Assembly of Rhode Island and created in South Kingstown
County of Washington and State of Rhode Island to hold forever myself
and heirs forever unto said Institution and its assigns a certain piece or
tract of land with the buildings thereon situated in said Charlestown
containing one hundred and twenty acres more or less bounded
Northesterly by land of Joseph and Horace Bundle Brooks, Billings D.
Ambrose and the heirs of Samuel Stanton, Easterly on land of Samuel
Brownson and for manifold Brown, Southerly on the Charlestown road
and Westerly on land of Samuel B. House and others attorney
otherwise bounded And I Anna D. Clark wife of the said
O. Clark, in consideration of the sum of five dollars to be delivered
and forever quit claim unto the said Wakefield Institution for savings
and its assigns all my right of claim in and to the aforementioned
premises To have and to hold the same to said Institution
and its assigns forever provided however that if said Oliver D. Clark
his executors administrators or assigns any other person for him
or them shall fail to the said Wakefield Institution for savings or its
assigns a certain promissory note of seven dollars however for the term
of fifteen hundred dollars dated June 1st 1846 to said Oliver D. Clark to said
Institution and payable to the said Wakefield Institution for savings
on or before six months after date and shall also fail to pay said Institution
loan for savings or its assigns any and all other notes given by him
to said Institution in renewal of the whole of the debt amount to any number
of renewals whether for the same period or a different sum for the time
or a different time and whether including interest or former notes
or not and shall default some said Institution and its assigns against
all losses costs and expenses or amounts of any said promissory note
then this deed is to be void otherwise to remain in full force and
effect hand it shall be agreed between the parties here to that should any
default be made in the payment of any note hereby secured and should the
same or other reason unpaid for the space of three months then it shall
be lawful for the said Institution for savings or its assigns land the said
Oliver and Anna hourly motivate and assign the said Wakefield
Institution for savings and its assigns every true and lawful attorney with
power of substitutions and revocations to sell the premises or any part thing
or so much as may be necessary at public auction first giving for the
expiration of that aforesaid term of three months eight days notice of such
sale in some one of the public newspapers printed in the city of Providence
in the name of the said Oliver and Anna or in the name of the said Wakefield
Institution for savings or its assigns to make execute seal acknowledge and
[Continuation on page 384]
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