The instrument's own words
page 1
Know All Men by these Presents, that I, George
W. Kenyon of Charlestown, County of Washington in the State of
Rhode Island in consideration of the sum of Four hundred
dollars to me paid by the Westerly Savings Bank of Westerly
in Rhode Island, do bargain and sell to the said Savings Bank
its successors and assigns, a certain tract or parcel of land
situated in said Charlestown with all the buildings and
improvements thereon standing, bounded as follows, Northerly
and Easterly by land of the heirs of Joseph Foster deceased,
Southerly by land of the old New Haven and Hartford
Railroad Company, and Westerly by the Pawcatuck River,
containing by estimation thirty miles acres be the same more
or less. To have and to hold the said granted and bargained
premises with the privileges and opportunities thereof to the
said Westerly Savings Bank, its successors and assigns forever,
and I do hereby covenant with the said Savings Bank that
the above granted premises are free from all incumbrance
and that I will warrant and defend the same to the said
Savings Bank, its successors and its 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 event date herewith and made payable to the said
Savings Bank or order six months after date for the sum
of Four Hundred 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 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 and 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 Note 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 deeds of said 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 receive the purchase money, and after
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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 in all
things which may be legally done by my said Attorney for the
above purpose appointed.
Furthermore, I the said 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 Ten thousand
dollars and the assurances then 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, i do hereby agree that the said Savings
Bank may effect such insurance, and the premium or
premiums paid thereon shall be or further lien upon said
estate.
In Testimony whereof, I have hereunto
set my hand and seal this first day of December in the
year of our Lord one thousand eight hundred and ninety
six.
Signed, sealed and delivered
in the presence of
William Honey George W. Kenyon L.S.
State of Rhode Island &p
Washington Co
ss
On this day this first day of
December A.D. 1896 before me personally appeared George
W Kenyon to me known and known to me to be the individual
described in, and who executed the foregoing instrument
and he acknowledged said instrument to be his free
act and deed. William Honey L.S.
Notary Public
Received for record Dec 8th 1896 at 4 oclock P.M.
and recorded by George E. Corwin Town Clerk
For transfer of above mortgage see Book No 13 page 14
For discharge see same Book & page
The page as recorded
