5/5/1936 · DEED · book 26 page 318 doc 65@26/318

154 KNOW ALL MEN BY THESE PRESENTS: That we, GEORGE N. BLIVEN and ANNIE BLIVEN, husband and wife, both of the Town of Charlestown, in the County of Washington and State of Rhode Island, (hereinafter called the mortgagors) in consideration of One Thousand ($1000.00) Dollars to us paid by 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 tract or parcel of land containing by estimation thirty-five (35) acres, more or less, lying and lying in the said Town of Charlestown, County of Washington and State of Rhode Island, together with the buildings and improvements thereon, bounded and described as follows: Westerly by the Healy Farm, so called; southerly by Mill Brook, so-called, to the South Meadow; thence northerly, bounding easterly by said South Mead North Meadow to the southeast corner of the same; thence easterly bounding southerly to the North Meadow to the East Pasture wall, so called; thence southerly to the East Pasture wall, so called; thence easterly bounding southerly to the East Pasture wall, so called; bounding east by Meads and Sheep Pasture; thence westerly, bounding northerly part by said Sheep Pasture, bounding northerly by fences and fences of Joseph Gurney to the last mentioned first line at said Healy Farm and otherwise closing boundaries. Being the same premises conveyed to said George N. Bliven and Annie Bliven by Albert S. Brown, by Deed dated August 21, 1929 and recorded in Book 26 page 29 of the Charlestown Land Evidence Records, in said Town of Charlestown; and the same premises which were conveyed to said George N. Bliven by Frank S. Bliven by Deed dated September 15, 1905 and recorded in Book 32 page 47 of said Charlestown Land Evidence Records, specifications for the portions thereof which were conveyed to said George N. Bliven by a Deed recorded in Book 26 page 64 of said Charlestown Land Evidence Records and to the said George N. Bliven by a Deed recorded in Book 28 page 314 and Book 31 page 411 of said Charlestown Land Evidence Records. This conveyance includes the right of way reserved to said George N. Bliven in said deed to the State of Rhode Island, and is subject to a reservation of a right of way as referred to in said deed from Frank H. Bliven to George N. Bliven. 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 hereafter 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 the their appurtenances, unto and to the use of the said mortgagee, 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; 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 DEED is such, that whereas we have this day pledged and transferred to the said mortgagee 5- shares of its capital stock, said shares being in the 10yrd 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 One Thousand ($1000.00) Dollars has been advanced to us by said mortgagee, now therefore, if we, the said mortgagors or our heirs, executors, administrators, or assigns, shall pay unto the said mortgagee, its successors or assigns the sum of Ten and 00/100 ($10.00) Dollars monthly, each and every month thereafter, at such times and places as shall be designated by said mortgagee, or its successors or assigns, being the amount of the monthly due on said 5- shares and of the monthly interest upon said

156 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, execu- tors, administrators and assigns, for the consideration aforesaid and to further increase the security of this mortgage, do hereby covenant agree and to and with the said mortgagee, and its successors and assigns, as follows: 1. To pay all indebtedness hereby secured in accordance with the tenor of the said note, and to pay all taxes and assessments of every nature levied upon said premises or upon the mortgagee, its successors or assigns, in respect to this mortgage or any hereafter or subsequent indebtedness hereby secured, and in default thereof the mortgagor, its successors or assigns, shall be deemed to have failed in performing its obligations hereunder, and shall be in default of the payments of the principal sum, the interest, all water rates and other expenses hereby secured as herein provided in this note. 2. To keep and maintain insurance against loss by fire to the buildings upon the said premises, payable in case of loss to said mortgagee, its successors and assigns and in such amount as shall be satisfactory to the mortgagee (though the insurance com- panies and not less than the cost of the necessary prevent to the operation of co- insurance) and such insurance shall be with an insurance company or companies suitably satisfactory to the mortgagee, its successors and assigns, and who are hereby authorized to issue such policies, and the mortgagee, its successors and assigns, may from time to time select any insurance effected upon said buildings by the mortgagors, or the mortgagor, its successors and assigns, may from time to time select any insurance com- pany, constituting and appointing the President or Secretary for the time being of the WESTERLY SAVINGS FUND AND LOAN ASSOCIATION, or its successors, as its true and lawful attorney or attorneys at law, irrevocable, in their name and in stead but in the uncontrolled discretion of said attorney to make, adjust, demand, use and settle any and all claims for loss or damage, whether total or partial, under such insurance, to give discharging receipts for any and all sums received in settlement of such losses to the mortgagee, its successors and assigns, including reasonable attorneys (fees) incurred in connection with such settlements, and to deliver the remainder thereof to the said mortgagors, its successors and assigns, including reimbursement regarding any unearned premium or of dividend upon any cancelled insurance policy, notwithstanding any agreement to the contrary, and in default of the mortgagors, its successors and their election in whole or in part upon any installments within the indebtedness hereby noted, the mortgagee, its successors and assigns, or in reimbursement of advances for taxes, assessments or insurance premiums, including the cost of replacing or re- storing the damaged buildings or improvements. 3. To maintain all buildings upon said premises in good repair, not to permit by cause or neglect to deteriorate in repair, and to pay all costs first obtaining within the consent of the mortgagee, its successors and assigns. 4. That all amounts advanced by the mortgagors, its successors and assigns for the payment of taxes, assessments or insurance premiums shall be re- paid upon demand, and until with full repayment shall be added to the unpaid principal of the indebtedness hereby secured, and that such sums, together with the interest accrued upon said indebtedness, and together with such interest, shall be a further lien upon the premises secured by these presents. IN WITNESS WHEREOF, we have hereunto set our hands and seals this first day of February, A. D. one thousand nine hundred and forty. SIGNED, SEALED AND DELIVERED IN THE PRESENCE OF: HENRY HARRIS RIGBYLL O. LINEMAN GEORGE V. BLIVEN (SEAL) ANNIE BLIVEN (SEAL) STATE OF CONNECTICUT) County of New London ) ss. In Pawcatuck, on the first day of February, A. D. 1940, before me personally appeared the above named George V. Bliven and Annie Bliven, husband and wife, each and said to me known and by me to be the parties executing the foregoing Instrument, and voluntarily acknowledged said instrument, by them executed, to be their free act and deed. HENRY HARRIS (Notarial Seal) Notary Public WESTERLY SAVINGS FUND AND LOAN ASSOCIATION (Corporate Seal) In Testimony whereof, said Association has caused its corporate seal to be hereto affixed by the presence of, and in the presence of, [?] Received for record February 1rd, A. D. 1940 at 9:00 o'clock, a. m., and recorded by Town Clerk Received for record June 18th, A. D. 1952 at 9:35 o'clock, a. m., and recorded by [?] [?] this mortgage hereby cancel and discharge the same.