The instrument's own words
page 1
292 in a sum not less than Three 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 effect
such Insurance, and the premium or premiums aforesaid
thereon shall be a further lien upon the said Estate
added to the amount of said price to be secured by these
presents. In Testimony whereof we have hereunto
set our hands and seals this first day of April in the year
of our Lord one thousand eight hundred and seventy six.
Signed sealed and delivered
By me presence of
Charles Cross
D. H. Nichols Ls.
Harriet C Nichols Ls.
State of Rhode Island &c
Know all men by these presents That in Charlestown this first day of April 1876
Nicholas H Nichols has personally appeared before me and
acknowledged the foregoing instrument to be his own signed,
to be his free and voluntary act and deed.
Charles Cross
Justice of the Peace
Received for record April 1st 1876 at 2 oclock P.M.
and recorded by Chas. Cross Town Clerk
On this 21st day of September 1876, I received of
Nicholas H Nichols the full amount of the above mortgage
both the principal and interest and I hereby discharge the same
in full - Witness my hand and seal
in presence of
Charles Cross
C. Cross