The instrument's own words
page 1
478 to the said Charles Holden or order three easy after date with interest at
the rate of eight per cent per annum, the interest to be paid annually,
on the 1st day of March in each year.
Now Therefore, if any of the said Grantor or my Heirs Executor, Administrator
or Assignee, or any other person for me or for them shall fail paid note at
regularity together with the interest thereon according to the tenor thereof
this Deed shall be void and voidance shall be and become on full force and
effect.
Furthermore I the said grantor do hereby constitute and appoint the
said grantee his Executed Administrator and Assignee my Attorneys
irrevocable with full power of substitution and revocation for me and
in my name or in the name of one or many at this time or in case default shall
be made in the payment of my said note or of the annual interest due
thereon or breach shall be made of the covenants of insurance hereafter com
mitted and such default or breach shall continue for the space of ten days
to sell at public auction the premises aforesaid, or any part thereof that just
giving over the expiration of said term of ten days, hereby gives notice of such
sale in one or more of the following newspapers published in State and notice
in one or more in the name of one or many to make execute seal acknowledge and
deliver to the purchaser or purchasers thereof any Deed or Deeds that may be
necessary to put such purchaser or purchasers in full and absolute Estate in fee
simple thereon, and no such deed hereby granted onto my said attorney
to continue and adjourn said sale till the same term I do authorize the said
attorneys to receive the amount the same may be sold for, and after the payment
of all the expenses incurred to such sale or sales apply and appropriate that
residue thereof to the payment of the principal of said note and interest of
not being secured I hereby agreeing that no act of sale for default in the
payment of said annual interest or for breach of said Covenant of Insurance
the principal of my said note shall be deemed due and payable on the day of
such sale according to one or more of my said Assignee shall sum over and above
over the amount therefore I hereby ratifying approving and confirming such sale
or sales as may be made or caused to be made by my said attorney
Furthermore I the said grantor for myself and for my Heirs Executor Administrator
and Assignee do hereby covenant the said grantee his Heirs or Assignee that
Insurance against fire for said house shall be kept and maintained whereas the Underwriting
on the following aforesaid as a sum not less than one hundred dollars and that the
due payment of such Insurance shall be assigned and transferred to the said grantee
his Heirs or assignee as collateral security held on and deposited there by hourly agree
that the said grantee his heirs or assignee may effect such Insurance and the Furthermore
or premises provided their a further lien upon the said Crete added to the
amount of said note and secured by these Presents. On Saturday the fifty first day of March in the year of our
Lord one thousand eight hundred and seventy five
Signed Sealed and delivered in presence of
Charles Moore
William H. Webster
Bethuel Moore
Adelaide P. Webster
(Seal)
(Seal)
(Seal)
State of Rhode Island ss
In Celebration this 15th day of March 1875
Bethuel Moore personally appeared before me and acknowledged the foregoing
ment by him signed separate to be his own act and voluntary act and deed
Charles Cross Town Clerk
The page as recorded
