The instrument's own words
page 1
370... Administrators and Assigns my Attorneys irrevocable, with
full powers of substitution and revocation from me and in my
name or in their name or names, at any time, in case default
shall be made in the payment of my said mote or of the annues
interest due thereon and such default shall continue for the
term of ten days, to sell at public Auction the Premises aforesaid
or any part thereof, they first giving, after the expiration
of said term of ten days, fourteen days notice of such sale in
one of the public newspapers printed in this State
and in my name or in their name or names, to make presents,
sell acknowledge and execute to the purchasers or purchase
Thereof any Deed or Deeds that may be necessary to vest in
such Purchasers or Purchasers a full and absolute Estate
in simple therein, and on sale or sales thereof Clearly granting
until my said Attorneys power to continue or delay run
such sale from time to time) I do authorize any said Attorneys
to receive the amount the same name may be sold for, and after
the payment of all the expenses incurred in such sale
or sales, to apply and appropriate the residue thereof
to the payment of the amount of principal and interest
of said note hereby secured I hereby agreeing that in
case of a sale for default in the payment of said annual
interest, the Principal of my said note shall be deemed
due and payable on the day of such sale) accounting to me
or my Heirs and Assigns, for all sums over and above the
amount thereof & hereby ratifying approving and confirming
such sale or sales as may be made or ought to be made
by virtue hereof. In Testimony Whereof
I have hereunto set my hand and Seal this Thirteenth
day of December in the year of our Lord One Thousand
eight hundred and seventy seven.
Signed sealed and Delivered
in presence of B.G. Michael Lsd.
Charles Larose
State of Rhode Island, Sc. I, Ch. Laldorn this
Thirteenth day of December 1877 Before me B.G. Michael
personally appeared, and before me acknowledged the
forgoing Instrument to him signed, to be his free and
voluntary act and deed.
Charles Larose Justice of the Peace
Received for record Dec. 13, 1877 at 11
o'clock A.M. and recorded by Secy. S. Larose
Deputy Town Clerk