The instrument's own words
page 1
60
Know all men by these presents that I Samuel Gorton give the Mortgage within secured for and
in consideration of one thousand three hundred and fifty dollars to me paid by
Wm. Kingston Savings Bank a corporation chartered by the General Assembly of
Rhode Island located and doing business in South Kingstown County of
Washington in said state the present whereas I do hereby acknowledge,
do
hereby grant, assign, transfer and make over to said Kingston Savings
Bank & all its assigns the within described premises and all my rights,
title and interest therein and the said secured thirty
days to have and to hold the same to the said Kingston Savings Bank
and all its assigns in as single manner as I might hold and enjoy by
virtue of the within Mortgage deed and not otherwise
The condition of this assignment is such, that whereas the said
James C. Gorton has executed his promissory notes for the
sum of one thousand three hundred and fifty dollars dated Bethany
24th 1872 and made payable to the said Kingston Savings Bank
or order six days month after date with interest in advances at the rate
of eight per cent per annum Now therefore if said James C. Gorton
his heirs executors administrators or assigns or any other person for him
shall pay said note at maturity together with all the interest thereon
or any renewal of said note for the same or a different sum for
the same or a different time to any number of renewals according
to the tenor thereof then this deed shall be null and void otherwise shall
remain in force Furthermore I the said James C. Gorton do hereby
substitute and appoint in my place the said Savings Bank to be the
attorney of said Mortgage by these presents and fully empowered in all my respects
and to all intents to do and perform all those
matters and things that the said James C. Gorton might or could do
or perform by virtue of the power conferred on me and by this letter
of attorney in said Mortgage and is fully empowered in all my respects
and to all intents In witness whereof I have hereunto set my hand
and seal this twenty eighth day of March we thousand eight hundred
and seventy two
Executed in presence of James C. Gorton L.S.
H. D. Freeman
State of Rhode Island
County of Washington
March 28th 1872, personally appeared
before me the above named James C. Gorton and acknowledged the seal
belonging to his free and voluntary act
H. S. Brannan
Justice of the Peace
Entered for record April 18th 1872
at 10 o'clock AM and received by
Charles Cross Town Clerk
The page as recorded
