The instrument's own words
page 1
in the purchaser or purchasers, an estate in fee simple in the premises
and may collect and secure the purchase money, and after paying all
costs and expenses of such sale, and all other money due from one
to said Savings Bank to pay the residue to me or my heirs and assigns;
hereby ratifying all things which may be legally done by me,
said Attorney, for the purpose aforesaid.
Furthermore, I the said [illegible] do hereby covenant that the
said Savings Bank shall insure against loss by fire for all shall be
felt and maintained upon the buildings on the premises aforesaid
at such office, or offices as shall be approved by them, in a sum not
less than five thousand dollars, and that the assessments thereon
duly paid, and the policy or policies of such insurance shall be
assigned and transferred to the said Savings Bank as collateral
security hereto, and in default hereof do hereby agree that the
said Savings Bank may effect such insurance, and the premiums
or premiums paid thereon shall be a further lien upon said
Estate.
In Testimony whereof, we have hereunto set our hands
and Seals this twenty fifth day of February in the year of our lord
one thousand eight hundred and seventy four.
Signed Sealed and delivered
in presence of
Wm. P. Perry
Oliver D. Clarke L.S.
Anna B. H. Clarke L.S.
State of Rhode Island and
Providence Sc.
I In Mortality this fifth day of February
1874 that Oliver D. Clarke and Anna B. H. Clarke his wife
personally appeared before me and acknowledged that the within
instrument by them signed to be their free and voluntary
act and deed.
Wm. P. Perry
Notary Public
Received for Registry Feb. 6th 1874
at 8 o'clock P.M. and Recorded
by Charles Cross Town Clerk
Westerly September 1st 1869
Having received payment in full of the debt secured by this
Mortgage, the same is hereby discharged
In presence of
Owen Perry Jr.
Westerly Savings Bank
by G. T. Perry Treasurer L.S.
The above discharge recorded Nov 25th 1879
Witness Charles Cross Town Clerk
The page as recorded
