The instrument's own words
page 1
Know all men by these presents That I George E. Borandall
of the town of Charlestown in the county of Washington and State
of Rhode Island and for and in consideration of the sum of six
hundred dollars well and truly paid by the Peoples Savings
Bank a corporation created under and by the laws of the State
of Connecticut & located & doing business in the town of Farmington
county of Hartford said State of Connecticut the receipt
whereof I hereby acknowledge by these presents do give
grant bargain sell convey and confirm unto the said Peoples
Savings Bank its successors and assigns forever, a certain piece
or parcel of land situated on the South Hall in the town of
Charlestown aforesaid opposite the road leading to Onummanquog
beach and bounded as follows Beginning at the South East
corner of said lot on the highway at a certain berry fence
running South five rods thence running west eight rods
and thence south five rods more to the highway, thence Easterly
on the highway eight rods to the first meeting line of land
owned by the North East and then by hand of Asa H. Hyde
mile and on the North by the highway continuing by extending
quarter of an acre be the same more or less vacating and
winding to convey to the said savings Bank all that parcel of
land recently purchased of Asa H. Hyde and wife together
with a one and a half story house or building and all other
improvements thereon standing Free to have and to hold
the said granted and bargained premises with all the
privileges and appurtenances to the same belonging or in any
wise appertaining to the said granite its successors and
assigns forever And I the said grantor for myself my heirs executors
and administrators do covenant & with the said granite its
successors and assigns that at and before the executing hereof
I am the lawful owner of the above bargained premises and am
signed and seised of the same in any and my rights as good
perfect and absolute estate of inheritance in fee simple and
have good right to sell convey and confirm the said
bargained premises in manner aforesaid And that the
said devised and bargained premises with the appurtenances
are free from all encumbrances of what name or nature
soever that might in any measure or degree obstruct or make
void this present deed Further I the said
Grantor for myself my heirs executors and administrators
do covenant bind engage the above described premises to the
said Peoples Savings Bank its successors and assigns
against the lawful claims or demands of any person or persons
whatsoever forever to warrant secure and defend by these
presents And I Jezeh B. Borandall wife of said George E.
Borandall in consideration of the sum aforesaid as
hereby release and forever quitclaim unto the said granite
its successors and assigns all my right of dower in and
to the aforesaid granite premises The condition of this
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deed is such that whereas I the said George G. Conandall have
executed my negotiable promissory note for the sum of Six hundred
dollars bearing our date hereabove, and made payable to the said
Peoples Saving Bank & order six months after the date with interest
payable semiannually in advance. Now therefore if
the said grantor or any other person for me shall not pay said note
at maturity, together with the interest thereon accordingly to the
tenor thereof then this deed shall be void otherwise shall be
and remain in full force and effect. Furthermore I
the said grantor do hereby constitute and appoint the said
grantee its successors and assigns my attorney irrevocable
with full powers of substitution and revocation for me and in my
name or in their name or names at any time, in case default shall
be made in the payment of said note or of the sum principal now
due thereon and such default shall continue for a term of ten days
to sell at public sale the premises aforesaid, or any part thereof
if they first giving twenty days notice of such sale in one of
the Hubble newspapers printed in Westerly Rhode Island and in
my name or in their name or names to vacate and make delivery to the
purchaser or purchasers thereof any deed or deeds that may be
necessary to vest in such purchaser or purchasers an estate in
fee simple therein, and on sale thereof hereby granting unto
my said attorney power to continue or adjourn such sale from
time to time. I do also authorize said attorney to receive the amount
of the same may be sold for and, after the payment of all the
expenses incident to such sale dealer to apply and appropriate
the residue thereof to the payment of the whole of principal
and interest of said note hereby recited, I hereby agreeing that
in case of a sale for default in the payment of said extension
the interest on the payment of 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 I
hereby authorizing and empowering such sale or sales as may be
made or cause to be made by me or mine heirs.
Furthermore I the said grantor for myself and for my heirs
executors, administrators and assigns, do hereby covenant
with the said grantee its successors successors covenant
that Insurance against loss by fire shall be kept and maintained upon the
buildings on the premises aforesaid in a sum not less than
six hundred dollars and that the policy or policies of such
Insurances shall be assigned and transferred to the said grantee
its successors and assigns as collateral security hereby, and in
default thereof do hereby agree that the said grantee its
successors or assigns may effect such Insurance, and the
premium or premiums paid therefor shall be a further lien upon
the said estate added to the amount of said note and
secured by these presents.
In testimony whereof we have hereunto set our hands
and seals this 9th day of September A.D. 1876
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Signed, sealed and delivered
in presence of
George G. Cross
Indy Cross
George E. Corandall L.S.
Josie B. Corandall L.S.
State of Rhode Island ve
Washington Co,
In Charlestown this ninth day of
September 1885, George E. Corandall personally appeared
before me and acknowledged the aforegoing instrument by
him signed to be his free and voluntary act and deed.
And then and there, on the same date aforesaid the above named
Josie B. Corandall wife of said George E. Corandall personally
appeared before me and after being by me examined privately
and apart from her said husband, she acknowledged the
within deed, which was by me shown 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 G. Cross
Notary Public
Received for record September 13th 1885 at 12 oclock M.
and recorded by George G. Cross Town Clerk
Pawcatuck Conn Oct 16 1889
Having received satisfaction of the note secured by
this mortgage the same I hereby discharged.
People's Savings Bank
J. R. Brown L.
L.S.
Recorded by George G. Cross Town Clerk
The page as recorded
