The instrument's own words
page 1
Know all men by these presents, that we
George M. Greene and Ellen M. Greene his wife of the town
of Charlestown in the county of Washington and State of
Rhode Island, hereinafter called the mortgagors in
consideration of the sum of Seven Hundred $700 to us paid
by Peter R. Palmer of the town of Hopkinton in said county
and State hereinafter called the mortgagee, the receipt
whereof is hereby acknowledged, do hereby give, grant,
bargain, sell and convey unto the said mortgagee
and his heirs and assigns forever, two certain tracts or
parcels of land lying and being in the town of Charlestown
in the county and State aforesaid, with all the buildings
and improvements thereon standing, bounded as follows,
to wit: And are the same premises and estate I the
said Edward Filder purchased of Charles H. Dickels
and wife by deed dated November 28th AD 1883 and
recorded in the Land Evidence records of the said town
of Charlestown, in Book No 11 at page 206, and this
conveyance is made subject to the reservations contained
in said deed. It being understood that a part
of said premises have been conveyed by said grantors
to James Prince as of record will appear. The
above described and granted premises being the
same estate conveyed to these grantors by Edward
Filder by his attorney Peter R. Palmer bill his deed
bearing even date herewith and to be recorded,
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 we
the said mortgagors, do hereby, for ourselves and
for our heirs, executors and administrators covenant
with the said mortgagee and his heirs and assigns
that we are lawfully seized in fee simple of the
said granted premises; that the same are free
from all incumbrances, except as aforesaid, that
we have good right, full power and lawful
authority to sell and convey 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 we the
said mortgagors will and our heirs, executors and
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2 administrators shall warrant and defend the same to
the said mortgagees and his heirs and assigns forever
against the lawful claims and demands of all persons
except as aforesaid. Provided nevertheless and
that this conveyance is made upon the express condition that
if the said mortgagees or their heirs, executors, administrators
or assigns, shall pay unto the said mortgagees or his
executors, administrators or assigns, the sum of seven
hundred (700) dollars, whereof the said mortgagees have
made their negotiable promissory note for said aggregate
sum, bearing date done with these presents, and made
payable to the order of him the said mortgagees in one
year from the date hereof with interest therein at the rate
of six per centum per annum payable semiannually
his advance until said principal sum is paid, whether
at or after maturity, and all installments of interest
in arrears whether before or after maturity, to bear
interest at the rate before said 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 be made
in the payment of the said promissory note or of
said, at the time or times and in the manner aforesaid
or of the taxes or assessments aforesaid at the same
or of the taxes or assessments aforesaid at the same
become payable, or of any or either 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 mortgagees or his
executors, 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 whole right and equity of
redemption of the said mortgagees and their heirs,
executors, administrators and assigns therein, at
public auction within 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 purchase
money, first giving notice of the time and place
of sale by publishing the same at least once
each week for three successive weeks in some
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public newspaper published in said County of Washington
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 adjournments, at least
once each week in the same newspaper; and in their names
or in his or his own name or names, or as the attorney or
attorneys of the said mortgagor for that purpose by these
presents duly 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 fee simple,
and to receive the proceeds of such sale or sales, and
from such proceeds to retain all sums hereby secured,
whether then due or to fall due thereafter, or the part
thereof then remaining unpaid, and also the interest then
due on the same, together with all expenses incident
to such sale or sales or for making deeds hereunder,
and for fees of counsel and attorneys, and all costs or
expenses incurred in the exercise of said powers, and
all taxes, assessments and premiums for insurance,
if any, either therefore paid by the said mortgagor or
his executors, administrators or assigns, or then
remaining unpaid upon said granted premises,
rendering and paying the surplus of said proceeds
of sale if any there be, over and above the amounts
to be retained as aforesaid, together with a true
and particular account of such sale or sales, expenses
and charges, to the said mortgagors or their heirs,
executors, administrators or assigns, which sale or
sales made as aforesaid shall forever be a perpetual
bar both in law and equity against the said
mortgagors and their heirs, executors, administrators
and assigns, and all persons claiming said
premises, too sold by, from or under them, or any of
them, And we the said mortgagors, for ourselves
and for our heirs, executors, administrators and
assigns do hereby covenant with the said mortgagee,
and his heirs executors administrators and assigns,
that we and they will upon request execute
such deed or deeds confirmatory of said sale or
sales as may be required
And furthermore we the said mortgagors for
ourselves and for our heirs, executors, administrators
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and assigns, hereby covenant with the said mortgagee,
and his heirs, executors, administrators and assigns, That insurance
against loss by fire shall be kept and maintained on
the buildings at the premises aforesaid in said office or
offices as the said mortgagee, and his heirs, executors, administrators
or assigns, shall approve, in a sum not less than six
thousand dollars ($6000) dollars and that the policy or policies of
such insurance shall be assigned and transferred or
made payable in case of loss to the said mortgagee, or
his executors, administrators or assigns, as collateral
security hereto, and in default thereof, hereby agree
that the said mortgagee, & his executors, administrators
or assigns may effect such insurance in the name
of the said mortgagee and their heirs and assigns,
payable in case of loss to the said mortgagee, and
his executors, administrators or assigns, and that
the premiums premiums paid therefor shall be
a further charge upon said granted premises, secured
by this present.
In witness whereof, we have hereunto set our hands
and seals this seventeenth day of July in the year of
our Lord one thousand nine hundred and seven.
Signed and sealed in presence of George W. Greene L.S.
Geo. H. Olney Ellen M. Greene L.S.
State of Rhode Island
County of Washington
In Hopkinton on the seventeenth day of July,
A.D. 1907 before me personally appeared George W.
Greene and Ellen M. Greene his wife 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.
Geo. H. Olney
Notary Public L.S.
Received for record July 20 1907 at 2 oclock P.M.
and recorded by George La Rose Town Clerk
For transfer of above mort see Book D17 Page 267
The page as recorded
