1/7/1963 · RELEASE · book 35 page 278 doc 4875@35/278

278 hereby secured, together with all expenses incident to such sale or sales, or for making deeds hereunder, and for fees of counsel and attorneys, and all costs or expenses incurred if in the exercise of such powers as will be necessary to protect and preserve the premises for insurance if any, and in the foreclosure of the said mortgage, its successors and assignees, or others than re- assigns, and any costs, charges and expenses of the said mortgage, its successors and assignees, or then re- maining unpaid, upon said granted premises, and any sable proceed in payment of sums due, or sums remaining unpaid, upon said granted premises, and if any sums shall be there, over and above, and above amounts so retained and applied as aforesaid, together with a true account of said mortgage, their heirs, executors, administrators or assignees, which sale or sales made as aforesaid shall forever clear the premises from all debts, claims and demands whatsoever, and the premises, their heirs, executors, administrators or assignees, and all persons claiming said premises sale, so sold, by from, under or om the under or any of them. AND the said mortgage, for themselves, and for their heirs, executors, administrators and assignees hereby covenant with the said mortgage, and its successors and assignees, that they will upon request execute such deeds or deeds of confirmation satisfactory to said sale or may be required. AND FURTHERMORE, the said mortgage, for themselves and for their heirs, executors, administrators and assignees, hereby covenant with the said mortgage, and its successors and assignees, that summons, taxes, assessments, and all other charges and expenses shall be paid and maintained upon the buildings on the premises aforesaid, in such office or offices as the said mortgage, and its successors and assignees shall direct, and that the said buildings shall be insured for five thousand (5,000) Dollars and that the policy or policies of such insurance shall be assigned to and transferred, and made payable to the said mortgage, and its successors and assignees, as their sole and absolute security, security hereof, and in the default thereof, hereby agree that the said mortgage, or its successors and assignees, may at their option, and at the expense of the said mortgage, and its successors and assignees, that the premiums or premium paid therefore shall be a further encumbrance upon the premises, and security for the payment thereof. AND FURTHERMORE, the mortgage, for themselves, and for their heirs, executors, administrators and assignees, hereby covenant with the mortgage, its successors and assignees, that in the event of any payment made by the mortgage, its successors and assignees, prior mortgage on the premises, such sums spent, including interest, and any costs and charges of the mortgage in securing said payment, and as may be expended by said mortgage, its successors or assignees, shall be secured by the mortgage. this mortgage, and shall be a first mortgage on the premises, and shall be secured by the mortgage. And we, the said mortgage, for ourselves and for our heirs, executors, administrators and assignees, hereby covenant with the said mortgage, its successors and assignees, that will promptly pay the principal sum of the mortgage, and interest thereon, on said note secured hereby, and we, will pay on the due date of each installment of interest and principal on said note, an amount equivalent to the sum of the installment, and any other sums as may be required to be premises property described, and an amount equivalent to one-twelfth of the annual fire insurance premium of the policy insuring the premises, and any other taxes that may be held in trust, mortgages, in advance of the due date for the payment of said taxes and insurance as they become due. IN WITNESS WHEREOF, they have hereunto set their hands and seals this 29th day of March in the year of our Lord one thousand nine hundred and fifty-six. } Signed and Sealed in presence of } HERRICK BROWN (SEAL) Helen W. MacFarlane } AVALITA H. BROWN (SEAL) STATE OF NEW YORK, ss: County of Westchester } In Larchmont on the 29th day of March, A. D. 1956, before me personally appeared Herrick Brown and Avalita H. Brown, husband and wife, both to me known and known by me to be the parties executing the foregoing instrument, and they acknowledged said instrument by them executed, to be their free act and deed. DOROTHY CONLAND (Notarial Seal) Notary Public NOTARY Public in the State of New York My Com-mission expires 30, 1957 NOTARY Public in the State of New York Appointed for Westchester County Commission expires March 30, 1957 Received for record April 9th, A. D. 1956 at 3:00 o'clock p. m., and recorded by [Signature] Town Clerk ---- PLANTATIONS BANK OF RHODE ISLAND, having received full payment and satisfaction of the within mortgage recorded in the Records of Land Evidence in the Town of Charlestown in the State of Rhode Island, in book no. 35 at page 277-278, hereby cancels and discharges the same; and conveys and to and with the person making said payment, that is it of the present owner of said mortgage. IN WITNESS WHEREOF, it has caused its name to be subscribed and its corporate seal to be affixed by its Vice Pres., Stafford Almy and its Ass't. Sec'y., Milton A. Bence, hereafter duly authorized, this 3rd day of January A.D. 1963. PLANTATIONS BANK OF RHODE ISLAND, By STAFFORD ALMY Stafford Almy, Vice President By MILTON A. BENCE, Milton A. Bence, Assistant Secretary Received for record January 7th A.D. 1963 at 9:00 o'clock A.M., and recorded by -- [Signature] Deputy Town Clerk