The instrument's own words
page 1
her annum. Now therefore if one of I the said Grantor or any other person
for me shall pay said note at maturity together with the interest thereon
according to the tenor thereof this deed shall be void otherwise shall
be and remain in full force and effect
Furthermore I the said Grantor do hereby constitute and
appoint the said Grantee his executors administrators and assigns
my Attorney irrevocable with full power of substitution and not
revocation for me and in my name or in their name or names at
any time since default shall be made in the payment of said note
of the interest said note therefore and said default shall continue for
a term of five days then to all of public authority the premises aforesaid
are and they shall be first giving twenty days notice of such sale
in some one of the public newspapers printed in this state and in
some one of the public marketplaces printed in this state and in
my name or in their name or names to make and selling to the
purchaser or purchasers thereof any deed or deeds that may be
necessary to and use such purchaser or purchasers an estate in
the simple therefore and on sale thereof hereby granting unto
my said attorney power to continue or adjourn such sale sales
some time to take is so authorize my said attorney to receive
the amount there on any note be sold for and after the payment of
all the expenses incident to such sale or sales to offset and
of forpay the residue thereof to the payment of the amount to principal
and interest of said note hereby stipulated I hereby agreeing that in
case of a sale for default in the payment of said interest the
principal of said note shall be deemed due and payable on the
day of such sale according to me my heirs and assigns for all
sums once and above the sum without I hereby ratifying and
confirming such sale or sales as may be ordered to be made
by virtue hereof
Furthermore I the said Grantor for myself and for
my heirs executors administrators and assigns do hereby covenant
with the said Grantee his heirs and assigns that whatever insurance against
fire for five years shall be kept and maintained upon the buildings on the
premises aforesaid in a sum not less than four hundred dollars
and that the policy or policies of such insurance shall be assigned
and transferred to the said Grantee his heirs and assigns as
collateral security hereto and in default thereof do hereby agree
that the said Grantee his heirs or assigns may offset such insurance
and the premises or premises paid therefore shall be a further
lien from the said estate added to the amount of said note unpaid by this
deed
In testimony whereof we have hereunto set our hands sealed
dated this 18th day of July AD 1812