2/28/1906 · MORTGAGE · book 15 page 290 doc 6149

116 lot in depth Sophia's residence or summer hotel, Said residence not to be so as to cause inconvenience from Three thousand (3000) dollars, & portion of said lot shall be used as a site for public garage, movie theaters or other amusement park, but these restrictions shall not prohibit the use of the rear portion of said lot for bottlenes or apart ments of user used in a hotel or private residence, Else the Person come into this month exclude to raise from the all the right Owner and all other interest in the aforementioned premises Witness our hands This 12th day of April 3030. Harold B. Longdon L.S. Ethel E Longdon L.S. State of Rhode Island County of Providence On Providence on the 12th day of April 1930 before me notary although and Harold B. Longdon and Ethel E Longdon husband and wife to me known and who known me to be the parties executing the foregoing instrument and they acknowledged said instrument by them executed, to be their act and deed. William H. Longdon Notary Public Received for record May 7th 1930 at 10 30 o'clock A.M. And recorded in book A page 116 of Land court KNOW all MEN by these presents, That I, Sophia M. Downie of the town of Stormington in the County of New London and State of Connecticut hereby sell the hereafter called the hereafter for consideration of fourteen Hundred Dollars paid by the Peabody Saving Fund and Loan Association a corporation duly established by law, in Newport in the County of Newport and State of Rhode Island, the receipt whereof is hereby acknowledged, it settled gave, grant bargain, sell and convey unto the said corporation, its successors and assigns, a certain lot in parcel of land lying and being in East Providence beach in the town of East providence in the county of Providence and state of Rhode Island, and bounded and described as follows: to wit, Beginning at the northeasterly corner thereof at a stone found set in the ground; thence running southeasterly 20 feet more or less, to another stone set in the ground, and thence continuing said line s east 10 feet; thence Cardinally south feet thence southeasterly 6 feet, more or less through a dull hole in the concrete set in the ground to the northeasterly corner of said

lot 1, thence easterly or southeasterly 30 feet to the front and was at Quidness, bounded southerly by the ocean Barley bay and east of Harold B. empun, and northerly and westerly by land of Emma H. dond. The above is conveyed to the said corporation its successors and assigns, the right to enter and recover at all times and for all purposes roads and acres a right of ways extending from the premises hereby conveyed to the highway, reasoning, down, the right to heights B. lonson, his heirs and assigns taking said roads and sewers to enter and access at all times and for all purposes, with vehicles or on foot across the right of way, in perfect wit with which nor move from the property of said grantors until the premises conveyed is the highway. It is a condition of this conveyance that the above granted premises shall remain as the grantor, its successors and assigns, in rental residence or hotel purposes and that nothing be built as a business purpose of hotel which be built on that portion of the lot extending on the front and extending back 100 feet in length providing a private summer resort, said residence or hotel to be of a class or sort not less than a first class resortion of said hotel shall be used as a hotel or private guests, not containing a type of amusement park but these restrictions shall not restrict the use of the rear portion of said lot for bath houses or garages for guests of the said resort or hotel or permits residence. To have and to hold, the said granted and bargained premises, with all the houses and improvements to the same ascending, said grantor, its successors and assigns, the said grantor, its successors and myself and for my heirs, executors and administrators, as common with the said grantor, its successors and assigns, that it and the above described is free from the liens, debts and encumbrances of the above described premises, and are lawfully seized and possessed of the same in main right body, soul and good to vict and absolute estate of inheritance in fee simple and aware me in the right full power and lawful authority to sell and convey the said residence premises in manner as aforesaid, and that the said grantee, its successors and assigns, shall and may from time to time and all times forever hereafter, in free and quiet title of their presents, lawfully, peacefully and quietly have and enjoy the said premises, with the aforementioned free and clear of all encumbrances, of whatever name or nature that may in any measure or degree disturb or more or less, the present used right as aforesaid. Furthermore, the said grantor, for myself and for my heirs, executors and administrators do covenant and engage the above described premises to the said grantee, its successors and assigns, against the lawful claims or demands of any person or persons whatsoever, known or unknown secure and defend in their presents except as aforesaid, signed L. dond & Emma H. dond wife husband by the said in witness in consideration of the sum paid as aforesaid, do hereby sell and convey together unto the said grantee, its successors and assigns, all my right of tenure in and to the aforementioned premises. The conditions of this deed is such, that unless B. dond have this day pledged and transferred to the said corporation

118 Seven shares of its capital stock, said shares being in the 83rd 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, from which shares said sum of fourteen Hundred Dollars has been advanced to me by said corporation, now therefore, I do by these presents, acknowledge and promise to pay unto the said corporation, its successors or assigns, the sum of fourteen hundred Dollars, monthly, each and every month thereafter, at such times and in such manner as shall be designated by said corporation, or its successors or assigns, bearing the amount of the monthly dues on said seven shares and of the monthly interest upon said loan or balance of fourteen Hundred Dollars or portion thereof paid and discharged at any paid point or mortgage given, together with all fees and charges by the By-laws of said corporation upon arrears of such payments until said shares shall return to the ultimate value of ten pounds sterling each, or if I or any member executing indemnities or assigns shall therefore fail to pay said corporation, its successors or assigns, said sum of fourteen Hundred Dollars together with the said interest and dues as aforesaid, to the time of such payments and until said loan shall be completely and ultimately paid in full of said shares, it shall be my act and agreement on the granted premises, as they shall become due, shall be held and the said loan paid and carried out in a sum mature but then belong to the benefit of the trustee, its successors or assigns, such insurance office, as or other similar office, and make in common or suffer any suits or costs of it, the same’s result and effect of any person or persons contrary to in the said note, it is a note of prompt payment signed by me, noted promise to pay the said sum to the said signers of the same aforesaid, shall be void from the sale and conversion in full force and effect. Furthermore we, the said grantor and the said holders & Donnee, do hereby constitute and appoint the said corporation, its successor and assigns, our Attorneys irrevocable, with all power of substitution and revocation for us and in our names or in its their names or cause of any time, in case of nonpayment of the aforesaid monthly sum, interest and fines for the period of one month after payment thereof shall be due, or upon any other default in the performance of the observations of the foregoing conditions, to sell the granted premises, or such portion thereof as may remain subject to this mortgage, in case of any partial release hereof, together with all improvements that may be thereon, and all belongings and rights appurtenant to it or our representatives therein, at some another in said habitation, first conveying a notice of the time and place of sale, one each month for three successive months, in one or more newspapers established in said locality, and in its or their names or names or as our Attorney or attorneys, to make, execute, acknowledge and deliver to the purchaser or purchasers thereof any and all deeds that may be necessary to vest in such purchaser or purchasers full and absolute estate in fee simple thereon, and such sale shall from henceforth be a valid and absolute transfer of the granted premises, whether at law or in equity, and on sale

thereof (hereby granting unto said attorneys power to conclude such sales such terms as they see fit) and do authorize said attorneys to provide the amount for which same may be sold for, and out of the money arising from such sale, the Vendee, or his successors or assigns, shall be entitled firsten sufficient money to pay all taxes, liens or advances in full, together with interest and other dues, and any costs, expenses and attorney's fees incurred or sustained in pursuit of any title searched or rendered in part hours or at our representatives to ensure and include the completion of the deed, releasing the property, assessments and premiums thereof and upon said granted premises ceding the surplus, if any of us or our heirs or assigns’ provided it agreed that the Vendee or successors or assign or any person or persons in their behalf, may purchase any sale made as aforesaid, and that no other business shall be allowed to the satisfaction of the purchase money and that in case of default in the performance of the conditions of this deed use and occupy the said premises may take hold and enjoy every of the granted premises and receive the rents and profits thereof. In witness whereof, we here present set our hands and seals this day of May, in the year one thousand nine hundred and thirty. Signed, sealed and delivered In the presence of Everett E. Shiphule [Signature] [Signature] J. H. M. Gonne [Signature] Jeanie B. Gonne State of Rhode Island County of Washington On this 6th day of May, A.D. 1930, before me personally appeared Jeanie B. Gonne and Shales B. Gonne, both and husband to one common and to known by me to be the parties executing the foregoing instrument and they acknowledged said instrument was then sealed to be their free act and deed. Everett E. Shiphule [Seal] Notary Public Received for record May 7, 1930 at 10:30 o'clock A.M. and recorded by George Cross Town Clerk The Property, being, a Lot in American Legion, in said town proposed off all lots in the Map now, on file, duly signed and sealed by the same. For better showing of and describing situated has’s corner on the west and to be a lot’s boundary to the Town road of said village, and on the east of plat 1111 Northly, Southly, East and West corners. By E. Howard Day (Assistant clerk) Department of Kathrin H. M. Coode. Assistant Clerk. Above described premises of land purchased on April 2, 1915 and and transferred by L. S. Gonne, etc.