The instrument's own words
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KNOW ALL MEN BY THESE PRESENTS: That we, CHARLOTTE S. LARKIN and SISIE M. LARKIN, of the Town of Hopkinton, in the County of Washington and State of Rhode Island, both unmarried, (hereinafter called the mortgagors) in consideration of Five Hundred ($500.00) Dollars to be paid up with the WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, a corporation legally Incorporated, and established and transacting business in the Town of Westerly, in the County of Washington, and State of Rhode Island, the receipt whereof is acknowledged, do hereby grant, bargain, sell and convey unto the said Westerly Savings Fund and Loan Association (hereinafter called the mortgagee), its successors and assigns, forever, a certain lot and or parcel of land, with the buildings and other improvements thereon standing, lying and being in the Town of Charlestown, in said county and State, and shown and designated as Lot number Sixty-eight (68) on a plan or plat entitled "Plan of nonconsenting Central Beach, Charlestown, R. I.," by R. [?] & Partners, Inc., agents, fifty feet to the Inch, October, 1926, Rossel & Lewis, Engrs., said plan or plat being on file in the Town Clerk's Office in said Town of Charlestown. The said Grantee, its successors and assigns, shall have the right to pass and repass to and from and to said lot on foot or otherwise, over, on and across those certain rights of ways or roads as shown on said plan or plat leading to the public highway and as well the rights of way leading to the beach and also the right of way leading from the road to the fresh water pond and to any other portion of said plat which might hereafter be designated for public use.
Being the same premises conveyed to said Charlotte S. Larkin and Sisie M. Larkin by Howard S. Thory by deed dated April 23rd, A. D. 1927, and recorded in the Land Records of said Town of Charlestown in Book No. 22, at page 492s reference to said deed and the records thereof being here truly had and made the same a part of these presents; and this conveyance is made entitled to all the privileges and appurtenances and subject to all the restrictions, conditions and covenants contained in said deed.
Together with all buildings and improvements now or hereafter erected thereon, all the hereditaments, appurtenances and rights thereunto belonging or in any wise now or here after, after appertaining, the rents, issues and profits thereof, and all plumbing, heating, lighting, and other fixtures, equipment and articles now or hereafter attached thereto.
TO HAVE AND TO HOLD the aforementioned premises, with their appurtenances, unto and for the use of the said mortgagee, and its successors and assigns, forever.
And the said mortgagors do hereby, for themselves, and for their heirs, executors and administrators, covenant with the said mortgagee, and its successors and assigns, that they are lawfully seized in fee simple of the said granted premises; that the same are free from all incumbrances; except a prior mortgage to said mortgagee dated April 2, 1930 and recorded in Book 24 page 76 of the Land Records of said Town of Charlestown, originally for $3000.00, that they have good right, full power and lawful authority to sell and convey the same in manner as aforesaid; that the said mortgagee, and its successors and assigns, shall by these presents at all times hereafter peaceably and quietly have and enjoy the said premises, and that the said mortgagors will, and their heirs, executors, and administrators shall, warrant and defend the same to the said mortgagee, and its successors and assigns, forever, against the lawful claims and demands of all persons.
THE CONDITION OF THIS INDENTURE is such, That whereas we have this day pledged and transferred to the said mortgagee - 3 Shares of its capital stock, said shares being in the 101st Series, as collateral security, together with the real estate hereby conveyed, for the performance of the terms, covenants and conditions of this mortgage and of the note hereinafter mentioned, upon which shares said sum of Five Hundred ($500.00) Dollars has been advanced to us by said mortgagee, now therefore, if we, the said mortgagors or our heirs, executors, administrators, or assigns, shall not pay unto the said mortgagee, its successors or assigns the sum of Five and 50/100 ($5.50) Dollars monthly, each and every month thereafter, at such times and
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And the said mortgagors, for themselves and for their heirs, executors, administrators and assigns, hereby covenant with the said mortgage, and its successors and assigns, that they will upon request execute such deed or deeds confirmatory of such sale or sales as may be necessary or advisable.
AND FURTHERMORE, the said mortgagors, for themselves and for their heirs, executors, administrators and assigns, for the consideration aforesaid and to further secure the security of this mortgage, do hereby covenant and agree to and with the said mortgage, and its successors and assigns, as follows:
1. To pay all indebtedness hereby secured in accordance with the term of said note, and all taxes and assessments of every nature levied or to be levied upon said premises or upon the mortgage, its successors or assigns, to respect in this mortgage or contract of insurance, and to pay all premiums on such insurance as may hereafter be enacted, all premiums for insurance maintained upon said premises, and all other water rates and other expenses hereby secured as herein provided.
2. To keep and maintain in good and substantial repair the buildings upon said premises, payable in case of loss in said mortgage, its successors and assigns, in the sum of not less than Five Hundred ($500.00) Dollars and not less than such the amount remaining unpaid upon said note, and to effect insurance on such forms and in such company or companies as shall be satisfactory to the mortgagors, its successors and assigns and to maintain such insurance in effect until the mortgage, its successors and assigns shall be paid in full, and to pay the premiums therefor, as not required by the mortgagors, its successors and assigns, to be payable to, and to the protection of the mortgage, its successors and assigns, and to effect such insurance by making, constituting and appointing the President or Secretary for the time being of said insurance company as attorney in fact for the mortgagors, its successors and assigns, and lawful attorney or attorneys irrevocable, in their name, and stead and in the name of the mortgage, its successors and assigns, and lawful attorney or attorneys irrevocable, to collect any and all money or any losses which may occur under any such insurance, to give discharges and releases for such money, and to execute any and all documents necessary to insure himself therefore for all expenses (including reasonable attorneys' fees) incurred in connection with any such insurance, to apply the same and any renewals amendments or dividends upon successors or assigns, shall apply the same and any renewals amendments or dividends upon said premises, and to protect the mortgage, its successors and assigns from any claim of any holder or any subsequent lien upon said premises, at its own expense, and to pay the cost of repairing or the installments of the indebtedness hereby secured, whether or not then due, or in reimbursement of advances for taxes, insurance, water rates, assessments, pensions, or upon the cost of replacing or restoring the damaged buildings or improvements.
3. To maintain all buildings upon said premises in good repair, and not to cause or permit, or disable any demolition or removal of any building without the written consent of the mortgage, its successors and assigns.
4. That all amounts advanced by the mortgage, its successors and assigns, for payment of taxes, insurance, water rates or other premiums shall be repaid upon demand, and until repaid shall be added to the unpaid principal of the indebtedness hereby assumed, and shall bear interest at the rate of six per cent per annum, and its successors, and together with such interest, shall be a further lien upon the premises secured by this mortgage.
IN WITNESS WHEREOF, we have hereunto set our hands and seals this twenty-second day of May, A. D. one thousand nine hundred and thirty-nine.
Signed, Sealed and Delivered
in presence of
HENRY NAUBER
BETTY B. ALGER
CHARLOTTE S. LARKIN (SEAL)
ELSIE M. LARKIN (SEAL)
STATE OF CONNECTICUT)
ss.
County of New London)
In Parsonstock, on the 22nd day of May, A. D. 1939, before me personally appeared the above named Charlotte S. Larkin and Elsie M. Larkin, each and all to me known and known by me to be the parties executing the foregoing instrument, and severally acknowledged said instrument, by them executed, to be their free act and deed.
HENRY NAUBER (Notarial Seal)
Notary Public.
Received for record May 23, A. D. 1939 at 10:30 o'clock, a. m., and recorded by
[Signature]
Town Clerk
THE WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, having received full payment of all Sums due on this Mortgage, does hereby cancel and discharge the same. In testimony whereof, said Association its corporate seal has caused to be hereunto affixed by the Assistant Treasurer thereof duly authorized this 28th day of April 1948.
THE WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (Corporate Seal)
By E. Howard Clark Asst. Treasurer.
In presence of
Katherine H. McCarroll
Above discharge received for record May 4th, A. D. 1948 at 9:00 o'clock, a. m., and recorded by
[Signature]
Town Clerk
The page as recorded
