9/17/1887 · MORTGAGE DISCHARGE · book 10 page 558 doc 4674

absolute estate in fee simple therein, and on sale thereof hereby granting into my said Attorneys power to continue or adjourn such sale from time to time) I do authorize the said attorneys to receive the amount the same may be sold for and after the payment of all expenses incident to such sale or sales, to apply and appropriate the residue thereof towards the payment of the amount of principal and interest of said note hereby secured becoming due to me my heirs and assigns for sums over and above the amount thereof I hereby ratifying, approving and confirming such sale or sales as may be made or caused to be made by virtue hereof. Furthermore the said grantor for myself and for my heirs, executors administrators and assigns, do hereby covenant with the said grantee his heirs or assigns that insurance against loss by fire shall be had and maintained upon the buildings on the premises aforesaid, in a sum not less than one hundred & fifty dollars and that the policy or policies of such insurance shall be assignable and transferred to the said grantee his heirs and assigns as collateral security hereto, and in default thereof also hereby agree that the said grantee his heirs or assigns may at their own cost the premium or premiums said thereon shall be a charge upon the said estate added to the amount of said note and secured by these presents. In Testimony Whereof I have hereunto set my hand and seal this 24th day of September in the year of our Lord one thousand eight hundred and eighty. Signed, sealed and delivered in presence of William Greenman sd George L Cross Sole of Rhode Island & sc George L Cross this 27th day of September AD 1880 William Greenman personally appeared before me and acknowledged the foregoing instrument by him signed to be his free and voluntary act and deed. George L Cross Justice of the Peace Received for record Sept 27th 1880 at 12 oclock pm and recorded by Chas Cross Town Clerk. On this 17th day of Sept 1880 I aware of the full amount of this mortgage bond and covenants hereby by the parties concerned and the terms thereof. Bares [illegible]