The instrument's own words
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148
Know all men by these presents that I Sarah A. Hatch,
(widow) of Mallette, county of Washington in the state of Rhode Island
in consideration of the sum of thirteen Hundred Dollars to me paid
by the mechanics savings Bank of westerly in Rhode Island, do bargain
and sell to the said savings Bank their successors and assigns of
certain right or parcel of land with all the buildings and improvements
thereon standing, bounded as follows (and containing being in the town
of Charlestown in said county) westerly by the highway land
belonging to Hope own Easterly by land belonging to [illegible]
Dunkirk, southerly by the sea or Ocean at westerly, in the land of the heirs
of Jared Bullock, or however the same be named or
described, or in the estate formerly belonging to Sethia A. Rendellton,
to have and to hold the said granted and bargained premises, with
the privileges and appurtenances thereof to the said mechanics savings
Bank their successors and assigns forever, and I do hereby warrant, and
the said Savings Bank that the above granted premises are free from
incumbrances, and that I will warrant and defend the same to the said
savings Bank their successor and assigns against the lawful claims and
demands of any person all persons the condition of this deed is such
that whereas the said Sarah A. Hatch has executed her mortgageable
promissory note bearing an date herewith, and made payable to the
said savings Bank on december six months after date, for the sum of
thirteen Hundred Dollars which note is hereunto confessed to renew
from time to time, either for the whole amount the same or
a part thereof by the signature of the said Sarah A. Hatch or any
other person for me shall have paid to and all the renewals of the
same at maturity, according to the tenor thereof then this deed shall
be void; otherwise the same shall remain in full force.
Furthermore the said Sarah A. Hatch do hereby appoint the
mechanics savings Bank their successor & assigns my Attorney
verobe with all power of substitution absolute hereof to transfer, to
sell at Public Auction the said premises at any time after said note
or notes shall become due and remain unpaid for the space of ten
days, first giving notice thereof for at least three weeks in some
Public newspaper published in the town of westerly, and upon
such sale in my name or in its name execute good and sufficient
deed or deeds of said premises with the usual covenants of warranty as
to vest in the purchaser or purchasers an estate in fee simple in the
premises and collect and receive the purchase money and after
paying all the costs and expenses of such sale and all other money due
from me to said savings Bank to pay the residue to me or my heirs
and assigns paying partly all the things which may be legally done by
my attorney for the purposes aforesaid.
Moreover the said Sarah A. Hatch is here become covenant with
the said savings Bank that Insurance against loss by fire shall be
kept and maintained upon the buildings on the premises aforesaid,
or such office or offices as shall be there from time to time in a sum not less
than thirteen hundred dollars and the assignments thereof duly paid
and the policy or policies of such Insurance shall be assigned and
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149
transferred to the said Savings Bank as collateral & security hereto: and
in default thereof, I do hereby agree that the said Savings Bank may effect
such conveyance and the person or persons paid thereon shall be
a successor then upon said estate.
In testimony whereof I have hereunto set my hand and seal this
17th day of May in the year of our Lord one thousand eight hundred
and 83.
signed sealed and delivered
in the presence of
William Harper, Sarah R. Hatch L.S.
State of Rhode Island
Washington, St.
I, Wm Harper this 17th day of May 83,
Mrs Sarah R. Hatch personally appeared before me and acknowledged
the within instrument by her signature to be her free and voluntary act
and deed. William Harper,
Notary Public
Received for record May 17th 1883 at 11 oclock A.M.
and recorded by George L. Converse Town Clerk
Westerly R.I. June 1st 1907
Having received full satisfaction of the note secured by
the within mortgage the same is hereby discharged
Mechanics Savings Bank of Westerly,
by E.B. Foster Treasurer
Recorded by George Converse Town Clerk
The page as recorded
