The instrument's own words
page 1
66
Know all men by these Presents that we George H. Dyson and Mary
H. Dyson his wife of Charlestown, County of Washington in the State of
Rhode Island in consideration of the sum of three hundred dollars
to be paid by the Messr.s Jennings, Burling Bank of Newport in Rhode Island
or any person unto whom the said Savings Bank their successors and
assigns shall convey land sold to the said Savings Bank their successors
and assigns in either town or parcels of lands situated in said Charlestown
with all the buildings and improvements thereon standing for as a
dessin plot of which reference is hereby made to a deed of lease probably
from Brite to Mehet to be paid after Aug 18th 1852 and in record in
said Charlestown. To have and to hold the said granted and
appurtenant premises, with the privileges and appurtenances
thereof to the said Messr.s Jennings Burling Bank their successors and
assigns forever, and we do hereby covenant with the said Savings Bank that
the above granted premises are free from all manner burdens, and that
we will warrant and defend the same to the said Savings Bank their
successors and assigns, against the lawful claims and demands of
all persons. The condition of this deed is such that whereas
the said George H. Dyson has executed his negotiable promissory note
bearing even date herewith, and made payable to the said Savings Bank
or order six months after date for the sum of three hundred dollars
on which note it is contemplated to renew from time to time, &c. for
the whole amount of the same or any part thereof.
Now therefore we the said George H. Dyson & Mary H. Dyson agree and
pledge ourselves that we shall pay said note and all renewals of the same
at maturity according to the terms therein; that this deed shall be
void, otherwise shall remain in full force.
Furthermore we the said Geo H. & Mary H. Dyson do hereby appoint
the said Savings Bank our attorney, irrevocable with full power
of substitution and of revocation to sell all the real estate within the said
premises, at any time after said note or note shall become due and
remain unpaid for the space of ten days past first writing notice thereof
for at least three weeks in some public newspaper published in
the Town of Newport And upon such sale shall in our name or
in its name, execute good and sufficient deed or deeds of said
premises, with the usual covenants of warranty, as to act in the
purchaser or purchasers an estate in fee simple in the premises, and
collect all and secure the purchase money, and after paying all the
costs and expenses of such sale, and all other money due from
us to said Savings Bank, to pay the residue to us or our heirs and
assigns; hereby satisfying all things which may be legally done be
said Attorney. And furthermore we the said George H. & Mary H. Dyson
do hereby covenant with the said Savings Bank that
Insurance against all loss by fire shall be kept and maintained
upon the buildings on the premises above at such offices
of offices as shall be approved by them in a sum not less than
three hundred dollars and the premiums thereon duly paid
and the policy or policies of such Insurance shall, be assigned
and transferred to the said Savings Bank, as collateral security
thereof, and in default thereof we hereby agree that the said savings
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Bank may effect such Insurance, and the premium or premiums paid
thereon shall be a further lien upon said estate.
In Testimony whereof we have hereunto set our hands and seals
this 14th day of August in the year of our Lord one thousand eight
hundred and eighty two.
Signed sealed and delivered
in the presence of
George La Cross
George Henry Dyson L.S.
Mary H. Dyson L.S.
State of Rhode Island &c
Washington ss.
On Charleston this 14th day of August
1882 George H. Dyson personally appeared before me, and made acknowledge
edged that the within instrument by him signed be his free and
voluntary act and deed. And there and on the same day,
also the aforementioned Mary H. Dyson wife of said George H. Dyson
personally appeared before me, and being by me examined privately
and apart from her said husband, she acknowledged to me the within
deed, which was read by me to her and explained to her, to be her
free and voluntary act and deed, and declared to me that she
did not wish to retract the same.
George La Cross
Town Clerk
Received for record Aug. 14th 1882 at 3 oclock P.M.
and recorded by George La Cross Town Clerk
For transfer of foregoing mortgage see Book No 14 page 243.
The Washington Trust Company having received full payment and
satisfaction of the within mortgage recorded in the records of land evidence in
the town of Charlestown, Rhode Island in Book No 11 of page 66 and 67, hereby
completely and discharges the same land and covenants that and with the power
making said payment that it is the present owner of said mortgage.
In witness whereof it has hereunto set its print and seal by Everett Bamer,
its Secretary only authorized by its furlough this day of June 1st 1899
The Washington Trust Company
Pertherly R.I.
by Everett Bamer Secy.
Recorded June 1st 1899
by George La Cross Town Clerk