The instrument's own words
page 1
173
aforedescribed premises,
In Testimony whereof, we
have hereunto set our hands and seals this second day of February
in the year of our Lord one thousand nine hundred and one
Signed and sealed in presence of
Enoch V. Vars
Alvah L. Bundick
Warren L. Merritt L.S.
Emma E. Merritt L.S.
(Registered)
State of Rhode Island
County of Washington,
On this second day of February A.D.
1901 before me personally appeared Warren L. Merritt and
Emma E. Merritt his wife to me known, and known by me
to be the parties executing the foregoing instrument and they
acknowledged said instrument, by them executed, to be their
free act and deed.
Enoch V. Vars
Notary Public
Received for record Feb 4, 1901 at 1 o'clock P.M.
and recorded by George Colves Town Clerk
KNOW ALL MEN by these Presents, That We Daniel
J. Babcock and Charles H. Babcock, of Hopkinton, County of
Washington State of Rhode Island hereinafter called the Grantors,
for and in consideration of the sum of one Hundred and Fifty dollars
well and truly paid by Peter P. Palmer of Hopkinton aforesaid the
receipt whereof is hereby acknowledged, by these present do give, grant,
bargain, sell, convey and confirm unto the said Peter P. Palmer his
heirs and assigns forever, a certain lot of land situated at
Dumontstown in the town of Johnston in said Washington County,
with a dwelling house and other improvements thereon, bounded as
follows, beginning at the Northwest corner of the lot hereby conveyed
at a stake in the ground about 75 feet South from the line through
and on the East side of the highway nearly opposite and of
Stephen Keashawn, thence westerly in a line parallel with a
line drawn in continuation of Elizabeth Palmer's line 105 feet
thence Southerly on a line 111 feet from the highway 90 feet
thence Westerly to the highway to a point 90 feet South from the
first mentioned bound, thence Southerly along the highway
90 feet to the point of beginning or however otherwise bounded,
to have and to hold the said granted and bargained
page 2
174
premises, with all the privileges and appurtenances to the same
belonging, or in any wise appertaining to the said grantor his
heirs and assignet forever. And we the said y grantors for ourselves
in our heirs, executors and administrators do covenant to and with
the said grantee his heirs and assigns that at and before the
executing hereof we are the lawful owners of the above bargained
premises, and are seized and possessed of the same in our own
right and 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 conveyed and bargained premises with the appurtenances
are free from all encumbrances, of what name or nature soever
that might in any measure or species obstruct or make void this
present deed. Furthermore we the said Daniel F
Edwards H. Babcock do for ourselves our heirs, executors and
administrators do covenant and agree the above described premises to
Peter P. Pelton his heirs and assigns against the lawful claims or
demands of any person or persons whatsoever forever to warrant
secure and defend by these presents.
The condition of this deed is such that whereas we the said
Daniel F. Folke et al H. Babcock have executed an negotiable
promissory note for the sum of One Hundred and Fifty Dollars
bearing date tenth health and made payable to the said
Peter P. Pelton in one year from date with interest at the
rate of seven per cent per annum. Now therefore, if we
the said grantors or any other persons, for us shall pay said
note at maturity together with the interest thereon, according to
the terms thereof, then this deed shall be void, otherwise shall be
and remain in full force and effect.
Furthermore, we the said grantors do hereby constitute and
appoint the said grantee his heirs, administrators and assign
our attorneys irrevocable, with full power of substitution and
revocation for us and in our 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 interest due thereon, and such default
shall continue for a term of ten days, to sell at public auction
the premises aforesaid, or any part thereof, first giving twenty
days notice of such sale, in some one of the public newspapers
printed in said state and in our name or in their name or
names to make and deliver 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 therean
and on sale thereof (hereby granting unto our said Attorney
power to continue or adjourn such sale from time to time)
page 3
175
we do authorize said attorney to receive the amount the same may be
sold for, and, after the payment of all the expenses incident to such sale or
sale, to apply and appropriate the revenues thereof to the payment of the
amount of principal and interest of said note hereby secured, and we hereby
agreeing that in case of a will for surplus in the payment of said
note the principal of said note shall be deemed paid, and we have agreed
on the day of said note as constituting to us or our heirs and assigns
for all sums over and above the amount thereof we hereby ratifying
and confirming such sale as shall be made or caused to be
made by our said heir,
Furthermore we the said grantor for ourselves, and for our heirs,
executors administrators and assigns, do hereby covenant with the
said grantee his heirs and assigns that whereas insurance against loss by fire
shall be kept and maintained upon the buildings on the premises
aforesaid, in a sum not less than two hundred fifty dollars and
that the policy or policies of such insurance shall be assigned and
transferred to the said grantee and assigns as collateral security
thereof and in default thereof we do hereby agree that the said grantee
or assigns may effect such insurance, and the premiums so premium
said thereon 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 6 day of May AD 1899.
Signed, sealed and delivered
In presence of
George E. Coorse
Daniel L. Babcock SS
Cohance H. Babcock & SS
State of Rhode Island
Washington ss
In Columbushon this 6th day of May 1899
Daniel L. Babcock and Cohance H. Babcock to me known and
known by me to be the parties who executed the foregoing instrument
formally appeared before me and acknowledged the aforegoing
instrument by their signs to be their free and voluntary act and deed
George E. Coorse
Notary Public
Received for record February 12, 1899 at 9 o'clock P.M.
and recorded by George E. Coorse Notary Public
September 18th 1907
Full satisfaction and payment having been received
for said mortgage the same is hereby discharged
Edmund R. Greene
By Henry R. Shunning Attorney
Recorded March 1913
By George E. Coorse Notary Public Clerk
The page as recorded
