11/26/1886 · MORTGAGE · book 11 page 412 doc 5010

412 To All People to whom these Presents shall come: I Yarnum Cornis of Charlestown in the county of Washington and State of Rhode Island, Send Greeting. Rhode Is. To wit. That I & the said Yarnum Cornis hereinafter called the grantor for and in consideration of the sum of thirteen hundred dollars to me in hand paid before the sealing hereof, well and truly paid by the Kingston Savings Bank a corporation created under act by the body of Rhode Island & located & doing business in the town of south Kingstown R.I the receipt whereof I do hereby acknowledge and am herewith fully satisfied certified and paid ; and Indeed and of every half and parcel thereof do separate, acquit and release the said Kingston Savings Bank its successors & assigns forever, by these presents have given, granted bargain sold aliened, conveyed conveyed and confirmed; and by these presents do release fully completely and absolutely give, grant bargain all alien, execute fully completely and confirm unto the said Kingston Savings Bank hereinafter called the grantee its successors and assigns forever, a certain tract of land situated in said Charlestown, containing by estimation seventy five acres more or less with an dwelling house and other buildings thereon and is bounded as follows. Beginning at the northeast corner of said tract at a stake and stones thence running northeasterly bounding northeasterly partly on a highway and partly on land of Elias, thence running southeasterly of till it comes to land of Bradley J. Dale, thence running southeasterly bounding northeasterly on said Keats land till it comes to land found owned by Dennis Green and running on said Keats land, thence running southeasterly bounding northeasterly on said Cornis land to the corner of the "grave lot" so called, thence running southeasterly bounding northeasterly on said Keats land till it comes to land of rev. Hon. Dyson, thence running southeasterly bounding northeasterly on said Dysons land partly, and partly land formerly of Cyprus Matson till it comes to a highway thence on said highway to the place of beginning or humnest otherwise bounded. To have and to hold the said granted and bargained premises with all the appurtenances, privileges and commodities to the same belonging or in any ways of pertaining to the said grants its successors and assigns forever, to its and their only proper use, benefit and behoof thereof. And I the said grantor for myself and for my heirs executors and administrators, do covenant promise and grant to and with the said grantee its successors and assigns that I at and before the sealing hereof, am the true, sole and lawful owner of the above bargained premises, and am lawfully seised and possessed of the same in my own proper right as good, perfect and absolute estate of inheritance in fee simple and have in myself good right full power and lawful authority to grant bargain, sell convey and confirm the said bargained premises in manner as aforesaid. And that the said grantees its successors and assigns shall and may from time to time, and at all times forever thereafter, by force and virtue of these presents, lawfully

peaceably and quietly, have, hold, use, occupy, possess and enjoy the said devised and bargained premises, with the appurtenances, free and clear, and freed and clearly acquitted, exonerated and discharged of and from all and all manner of tenure or other title, grants, bargains, sales, leases, mortgages, wills, entails, jointures, judgments executions and encumbrances of what nature soever that might in any manner or degree obstruct or make void this present deed. Furthermore I the said grantor for myself and for my heirs, executors and administrators do covenant and engage the above devised premises to the said grantee 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 pledge to Commis wife of said Vannum Cornis in consideration of the sum paid as aforesaid, do hereby release and forever quit claim unto the said grantee its successors and assigns, all my right of dower in and to the aforementioned premises. The condition of this deed is such, that whereas & the said Vannum Cornis had execute my negotiable promissory note for the sum of thirteen hundred dollars, bearing date seven month old and made payable to the said Kingdom Company dated or six months after date, with interest at the rate of seven per centum per annum, payable semiannually till said principal sum is paid, whether at or after maturity, and all interest in arrears to bear interest at the rate aforesaid till paid. And therefore if I the said Vannum Cornis or my heirs, executors, administrators & assigns, or any other person, for me or for them shall pay said note at maturity, together with the interest thereon, according to the tenor thereof, then this deed shall be void, which otherwise shall be and remain in full force and effect. Furthermore I the said Vannum Cornis do hereby constitute and appoint the said grantee its successors and assigns my Attorneys irrevocable with full power of substitution and recurvation, for me and in my name or in its or their name or names at any time in case default shall be made in the payment of my said note or the summed interest due thereon or breach shall be made of the covenant of Insurance hereinafter contained, and such default or breach shall continue for the term of ten days, to sell at public auction, at such time and place on the premises or not, as they deem advisable the premises aforesaid, or any part thereof, and to bid upon and become the purchasers thereof they first giving after the expiration of said term of ten days twenty days notice of such sale in some one of my public newspapers published in said Washington County and in my name or in its or their name or names, to make, execute, seal, acknowledge and deliver to the purchaser a purchasee thereof any deed or deed that may be necessary to vest in such purchaser a purchaser a full and absolute estate in fee simple therein and there thereof, hereby granting unto my said Attorneys full power to continue or adjourn such sale from time to time, I do authorize

414 my said Attorneys to receive the amount the same may be sold for and after the payment of all the expenses incident to such sale or sales to apply and appropriate the residue thereof to the payment of the amount of principal and interest on said note hereby secured I hereby agreeing that in case of a sale for default in the payment of said summed interest or, for breach of a loan covenant to Insurance, the principal of my 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 thereby I hereby ratifying, approving and confirming such sale or sales as may be made or caused to be made by my said attorneys Furthermore I the said grantor for myself and for my heirs, executors administrators and assigns do hereby covenant with the said grantee its successors or assigns that Insurance against loss by fire shall be kept and maintained when the buildings on the premises above said is a sum not less than fifteen hundred ($1500), Dollars and that the policy or policies of such Insurance shall be assigned and transferred to the said grantee and its successors or assigns as collateral security hereunto, and in default thereof do hereby agree that the said grantee or its successors or assigns may effect said Insurance, and the premiums or premiums paid therefor shall be a further lien upon the said estate added to the amount of the said note and secured by these presents. In Testimony whereof we have hereunto set our hands and seals this 16th day of November in the year of our Lord one thousand eight hundred and eighty six. Signed sealed and delivered In presence of George G. Lorves Nathan R. Hathaway Vannum Ennis L.S. Phebe E. Ennis L.S. State of Rhode Island &c County of Washington The State of Rhode Island &c County of Washington Charleston this 19th day of November A.D. 1886 Vannum Ennis personally appeared before me, and acknowledged the foregoing instrument to be by him signed to be his free and voluntary act and deed George G. Lorves Notary Public Received for record Nov 26th 1886 at 11 oclock A.M. and recorded by George G. Lorves Form Unit Having received full payment and satisfaction we hereby cancel and discharge this Mortgage Deed, Witness our hand and seal this 24 day of March 1897 In presence of Ell. Jenille Kingston Savings Bank By M. F. Perry Treas. L.S. Discharge recorded March 24 1897 By George G. Lorves Form Unit