12/7/1892 · MORTGAGE · book 12 page 413 doc 5305

413 AD 1892 Mary A. Potter wife of said William H Potter personally appeared before me and was by me examined privately and apart from her said husband and while so privately and apart I showed and explained to her the foregoing instrument by her signed and she acknowledged that the same to be her free and voluntary act and deed, and declared to me that she did not wish to retract the same. Charles H. Miles Justice of the Peace. Received for record Dec 5. 1892 at 1 oclock PM. and entered by George Colman Town Clerk Know all men by these Presents That I Samuel B. Hosie of Charlestown, County of Washington in the State of Rhode Island in consideration of the sum of five hundred and fifty dollars to me paid by the Peoples Savings Bank of Danbury Connecticut as bargain and sell to the said Saving Bank their successors and assigns all those certain tracts or parcels of land situated in said Charlestown bounded as follows, and are the same tracts of land I the said Samuel B. Hosie purchased of Joshua Colman's wife by deed bearing date December 9. AD 1844 and recorded in the Land Records of said Charlestown in Book No 7 at page 322. Also the undivided two thirds (2/3) part of certain other tracts of land situate in said Charlestown with a dwelling house and other improvements thereon and are the undivided two thirds part of the same tract of land mentioned and described in a deed from Joseph H. Griffin's wife to me said Hosie bearing date the first day of December AD 1845 and recorded in the Land Records of said Charlestown in Book No 7 at page 214 references to both of said deeds and to the record thereof being hereby made and had for a more full and particular description and for the bounds of the premises herein and hereby conveyed and the same are made a part of these Presents. To have and to hold the said granted and Bargained premises with the privileges and appurtenances thereof, to the said Peoples Savings Bank

414 Their successors and assigns forver, and I do hereby covenant with the said Savings Bank, that the about granted premises are free from all encumbrances, 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 Samuel B. Hosie has executed his negotiable Promissory Note, bearing oven date herewith and made payable to the said Savings Bank or order on demand for the sum of five hundred fifty dollars, which note it is contemplated to renew from time to time, either for the whole amount of the same or for a part thereof. Now therefore, if I the said Samuel B. Hosie or any other person for me shall pay said Note and all renewal 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 Samuel B. Hosie do hereby appoint the said Savings Bank its successors and assigns my attorneys irrevocable with full power of substitution and 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 for at least three weeks in some public newspaper published in the Town of Westbury in the County of Washington and said State of Rhode Island, and upon such sale shall in my name or in its name execute good and sufficient deed or deeds of said Premises, with the usual covenants of warranty, so as to vest in the purchaser a fee simple estate in fee simple in the premises, and may collect and secure the purchase money, and after holding 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 they may be legally done by my said attorney, for the improvise aforesaid. Furthermore, I the said Samuel B. Hosie 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 five hundred and fifty dollars, and the assessment thereon duly paid and the Policy or Policies of such Insurance

415 shall be assigned and transferred to the said Savings Bank as collateral security hereunto; and in default thereof do hereby agree that the said Savings Bank may effect such insurance and the premiums or premiums paid thereon shall be a further lien upon said estate. In testimony whereof I have hereunto set my hand and seal this 5th day of December in the year of our Lord one thousand eight hundred and ninety two (AD 1892) Signed sealed and delivered In presence of all witnesses & intervenors made before execution William Hotory Samuel B. Hosie Sct. State of Rhode Island Washington SS In Westerly this 5th day of December AD 1892 Samuel B. Hosie personally appeared before me and acknowledged the within instrument be by him signed to be his free and voluntary act and deed. William Hotory Notary Public Received for record Dec 7 1892 at 11 oclock A.M. and recorded by George R. Brown Town Clerk For transfer of this mortgage see Book No 15 pag 107 Provident Trust Company, having received full payment and satisfaction of the eight hundred and six hundred and sixty dollars interest The foregoing being a release the Parties to be signed opposite said deed to be hereunto applied by the [illegible] the Company Manager of the Trustee Bonds but only [illegible] the mortgagee of record of Court. Col. 1892 Provident Trust Company Corrected due By James M. Rixon, Manager Louis Dexter, Asst. Manager. Above entered for record Aug 24. Col. 1892 at 3:10 oclock P.M. and recorded by George R. Brown Town Clerk.