The instrument's own words
page 1
Know all men by these presents that I, Timothy E,
owner of Hartfield in the state of connecticut hereinafter called
the mortgagor in consideration of fourteen hundred dollars to me
paid by washable H. Allcock of Charlestown, county of Washington
State of Rhode Island hereinafter called the mortgagee, the receipt
whereof i hereby acknowledge, do hereby grant, purchase bargain,
sell and convey unto the said mortgagee and his heirs and
assigns forever, a certain tract of land situated in said
Charlestown containing about two 1/2 acres more or less
together with all the buildings and other improvements
thereon standing and bounded as follows viz Northly and
Westly by land of Joseph M Hopkins right Eastly and South
of Comenda Collette and southly on the highway or however
bounded Being the same premises conveyed to the
Grantor by deed from said Charles Allcock bearing seal
dated July 1st
To have and to hold, the aforementioned premises with
all the privileges and appurtenances thereunto belonging, unto
and to the use of the said mortgagee, and his heirs and
assigns forever. And I the said mortgagor, do hereby
for myself and for my heirs, executors and administrators,
covenant on the said mortgagee and his heirs and
assigns That I am lawfully seized in fee simple of the
said granted premises; that the same are free from all
encumbrances, that I have good and right full power and
lawful authority to sell and enjoy the same in
manner as aforesaid, that the said mortgagee and his
heirs and assigns shall by these presents at all
times hereafter peaceably and quietly have and enjoy
the said premises, and that I the said mortgagor
will and my heirs, executors and administrators shall
warrant and defend the same to the said mortgagee
and his heirs, and assigns forever against the
lawful claims and demands of all persons.
Provided nevertheless, and this conveyance is
made upon the express condition, that if the said
mortgagor or his heirs, executors, administrators or
assigns shall pay into the said mortgagee or his
successors, administrators or assigns the sum of
fourteen hundred dollars wherefore the said
mortgagor has made his negotiable promissory
note for said aggregate sum bearing oven date
with these presents and made payable to the
page 2
256
note of Charles H. Colbark four years from the date hereof
with interest thereon at the rate of 5 per centum per annum,
payable semi-annually until said principal sum is paid, whether
at or after maturity, and all installs notes of interest in arrear
whether before or after maturity, to bear interest at the rate
aforesaid until paid, and shall also pay all taxes and
assessments of every kind levied or assessed upon or in respect
of said premises, then this deed, as also said promissory note,
shall become and be absolutely void to all intents and purposes
whatsoever. But if default shall occur in the
payment of the said note or of said interest at the time or
times and in the manner aforesaid, or of the taxes or assessments
aforesaid as the same became payable, or if any of the other
of them, or of any part thereof, or if breach shall be made of
the covenant for insurance hereinafter contained, then it
shall be lawful for the said mortgagee, his heirs, successors,
administrators, or assigns, to sell, together or in parcels
all and singular the premises hereby granted or intended
to be granted, or any part or parts thereof, and the
security and entirety of occupation of the said mortgagor
and his heirs, successors, administrators and assigns
therein, at public auction upon the premises, and to bid
for and become the purchaser or purchasers at any such
sale (and no other purchaser or purchasers shall be
admissible for the application of the purchaser money) first
giving notice of the time and place of sale by publishing
the same at least one each week for three successive
weeks, in some public newspaper published in Washington
county R.I. with power to adjourn such sale from time to
time, provided that the publishing of said notice shall
be continued, together with a notice of the adjournment
or adjournment made, at least once each week in the same
newspaper, and in his or their own name or names
or in the attorneys or attorneys of the said heirs of
Colbark (for that purpose by these presents fully authorized
and appointed with full power of substitution and
revocation,) to make, execute and deliver to the
purchaser or purchasers at such sale a good and
sufficient deed or deeds of said premises in full ample,
and to receive the proceeds of such sale or sales and
from such proceeds to retain all sums hereby
accrued, whether then due or to fall due thereafter,
& the grant thereof then remaining unpaid and also
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the interest therein me on the same, together with all of expenses incident
to such sale or seller, without making said release under, and for fee of
counsel and attorneys, and all costs & expenses incurred in the
exercise of said power, and all other assessments, and
premiums for insurance of any, either heretofore paid by the
said mortgagees or his heirs, executors, administrators or assigns, or
then remaining unpaid, upon said granted premises, answering
and paying the full price of said proceeds of sale of any
part but, over and above the amounts to be returned be
stored, together with a true and particular account of
such sale or seller, of expenses and charges to the said Timothy
Edmonds or his heirs, executors, administration or assigns, whereas
said sale or seller made as aforesaid shall be in perpetual
bar both in law and equity against the said Timothy E.
Edmonds his heirs, executors, administration and assigns,
and all persons claiming said premises, so sold by from
remuneration of any tenure Land I the said mortgage,
for myself and for my heirs, executors, administration and
assigns, hereby covenant with the said mortgage, and this
heirs, executors, administrators and assigns, that I and they
will upon request execute such deed or deed confirmatory of
said sale or sales as may be required
For my witness whereof I have hereunto set my hand
and seal this 24 day of July in the year of our Lord one
thousand nine hundred and fifteen
Signed and sealed in presence of
George B. Cross [Signature] Timothy E. Morris LS,
State of Rhode Island
County of Providence
At Johnston on the 24 day of July AD
1915 before me personally appeared Timothy E. Morris
to me known and known by me to be the party executing
foregoing instrument and he acknowledged said
instrument, by him executed to be his free act and
deed.
George B. Cross [Signature] Notary Public
Received for record July 25 1915 at 10 o'clock AM.
and recorded by George B. Cross Town Clerk
For transfer of above mortgage see Book 28 page 272 etc also Book 25 page 111.