The instrument's own words
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Know all men by these Presents: That I George W.
Kenyon of the town of Johnston County of Washington
in the State of Rhode Island in consideration of the sum
of three hundred dollars to me paid by the Westerly Savings
Bank of Westerly in Rhode Island, do bargain and sell
to the said Savings Bank their successors and assigns
a certain tract or parcel of land situated in said Johnston
with all the buildings and improvements thereon standing
bounded as follows: Northerly and Easterly by land of
the heirs of Joseph Taylor deceased, Southerly by land of
the New York Providence & Boston Railroad Company &
Westerly by the Pawcatuck River, containing by estimation
three miles acres more or less. To have and to hold
the said granted and bargained premises, with the privilege
and appurtenances thereof to the said Westerly Savings
Bank their successors and assigns forever, and I the
hereby covenant with the said Savings Bank Barb, that the
above granted premises are free from all incumbrance
and that I 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 W. Kenyon 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 of
time, either for the whole amount of the same or for
a part thereof. Now therefore if I the said
George W. Kenyon or any other person for me shall pay
said Note and all renewals of the same at maturity
according to the tenor thereof, then this deed shall be void
otherwise shall remain in full force.
Furthermore I the said George W. Kenyon do hereby
appoint the said Savings Bank its successors & assigns my
Attorney irrevocable with full power of substitution and
of revocation 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 aforesaid,
and upon such sale shall in my name or in its name
execute good and sufficient deed or deed of said
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premises, with the usual covenants of warranty so as to vest
in the purchaser or purchasers an estate in fee simple in the
premises and may collect and secure 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; hereby ratifying all
things which may be legally done by said strangers for
the purpose aforesaid.
I, George W. Kenyon do hereby covenant with the said Savings
Bank that Insurance against loss by fire shall be kept and
maintained upon the Buildings on the Premises aforesaid
at such office or offices as shall be approved by them, in
a sum not less than Three Hundred Dollars and the assessments
thereon duly paid, and the Policy or Policies of such Insurance
shall be assigned and transferred to the said Savings Bank
as collateral security hereto and in default thereof, do hereby
agree that the said Savings Bank may effect such Insurance
and the premium or premiums paid thereon shall be a further
lien upon said estate.
In Testimony Whereof
I have hereunto set my hand and seal this 14th day of June
in the year of our Lord one thousand eight hundred and
eighty eight.
Signed, sealed and delivered
Presence of
William Hospey George W. Kenyon sb. S
State of Rhode Island ss,
Washington Co.
In Westerly this 15th day of June AD 1888
George W. Kenyon personally appeared before me and acknowledged
aged the within instrument to be his free
and voluntary act and deed.
William Hospey, Notary Public
Received for record June 25th 1888 at 12 oclock pm
and recorded by George Latance Town Clerk
Westerly Savings Bank
Westerly sealed 8 & 1896
Having received payment in full of the debt secured by
this mortgage the same is hereby discharged
S. T. Terry Treas
Discharged recorded Dec 5 1896 by George Delves
Town Clerk