8/24/1914 · TAX COLLECTORS DEED · book 18 page 119 doc 6906

485 KNOW ALL MEN BY THESE PRESENTS, That I, RICHARD A. RATHBONE, of the Town of Charles- town, Washington County, Rhode Island (hereinafter called the mortgagor) in consideration of FIFTEEN HUNDRED and 00/100 ($1500.00) Dollars, to me paid by WAKEFIELD TRUST COMPANY, a corpo- ration created by the General Assembly of the State of Rhode Island, located and transacting business in the Town of South Kingstown, County of Washington, in said State, the receipt whereof is hereby acknowledged, do hereby give, grant, bargain, sell and convey unto said Wakefield Trust Company, its successors and assigns forever: One certain parcel of land containing 50 acres, more or less, with the buildings and other improvements thereon, bounded northerly by lots of land now or lately of John S. Snyder, et al; easterly by land now or lately of said Williams and by the Post Road; southerly by the Post Road, westerly by lots of land now or lately of the heirs of Frank A. Sny- dold and by the brook and pen. Pending the premises which were conveyed to me by William B. Rathbone by deed dated August 7, 1924 and recorded on 1924, July 21, 1924, August 7, 1924, and November 26, 1924, and recorded- in the town records of Charlestown, Rhode Island, in book 13, page 351, pages 108, 311, 327 and 361, respectively, EXCEPTING, however, from said premises approximately 1.5 acres, consisting of approximately 852 feet, more or less, westerly from an offset on Post Road and measuring 852 feet, more or less, northerly and northwesterly, respectively, in curved lines and con- verging at a point 160 feet, more or less, distance from the center of the town line, conveyed to John S. Snyder alone. Also a tract of wood land containing twenty-three and three quarters (23 3/4) acres and ten (10) square rods, more or less, bouts being 8 lots and 9 1/2 lots in division of land of the late John Perry, deceased and said tract being recorded in Deed Book 8 at page 160 in office of the Town Clerk of said Town of Charlestown, Rhode Island, the premises conveyed to me by William B. Rathbone by deed dated August 7, 1924, and recorded in the records of deeds of Charlestown in book 13 at page 351. TO HAVE AND TO HOLD, the aforesaid premises, with all the privileges and appurten- ances thereunto belonging, unto and to the use of said WAKEFIELD TRUST Company, its successors and assigns, forever. And I the said mortgagor do hereby, for myself and for my heirs, executors, and admin- istrators, covenant with said WAKEFIELD TRUST Company, its successors and assigns that I am lawfully seized in fee simple of said premises and that I have good right to give and some all incumbrances, that I have good right, full power and lawful authority to sell and convey the said premises in manner aforesaid; that I and my heirs, executors and administrators shall and premises at all times hereafter peaceably and quietly hold and enjoy the said premises; and that I the said mortgagor will, and my heirs, executors and administrators shall, warrant and defend the said premises against the lawful claims of all persons, its successors and assigns, forever, the lawful claims and demands of all persons who ever claimed the same. And I, Richard A. Rathbone, covenant the same as is herein before mentioned. PROVIDED, HOWEVER, this conveyance is made upon the express condition, that if I, the said mortgagor, or my heirs, executors, administrators or assigns, shall pay unto said Wakefield Trust Company, its successors or assigns, the sum of FIFTEEN HUNDRED and 00/100 ($1500.00) Dollars, with interest thereon at the rate of six (6) per centum per annum, as said aggregate sum, bearing even date with these presents and made payable to the order of the said Wakefield Trust Company, its successors or assigns, shall become due and payable before or at mature of six (6) per centum per annum, payable semi-annually in advance until said principal sum is paid in full, together with all taxes and assessments levied upon or imposed on said premises or after maturity, to bear interest at the rate aforesaid until said principal sum is paid in full, and shall also pay all taxes and assessments of every kind levied upon or imposed on said premises in respect of said premises until paid, said Wakefield Trust Company, its successors or assigns, may be called upon to pay, whether assessed under these statutes in force now or that may be subsequently enacted or imposed, and that the said mortgage shall be null and void and of no further force or all intents purposes and whatsoever, but IF DUE OR PRINCIPAL shall be made in the payment of the said principal sum or of said interest at the time or times on or before the in the manner aforesaid, or, of the taxes or assessments afore- said, as the same become payable, or, of any of either of them, or of any part thereof, or if breach shall be made of the covenants herein contained, then said Wakefield Trust Company, its successors said Wakefield Trust Company, its successors or assigns, to sell, together or in parcels, and all sing- larity and plurality of the said premises, and all the buildings and other improvements thereon, and the benefit and the equity and redemption of said the mortgagor his heirs, executors, administra- tors shall be forever barred, and said Wakefield Trust Company, its successors or assigns, may sell ers at any such sale, (and no other purchaser or purchasers shall be answerable for the appli- cation of the proceeds of such sale), and the proceeds of such sale shall be applied first to pay the same at least once each for three successive weeks in some newspaper published in Washington County, Rhode Island, and the notice of such sale shall be given in such manner and 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 said sale to be upon upon a day fixed and appointed in the said notice, and the purchase shall be made in the names, or as the attorney or attorneys of the said mortgagor (for that purpose these presents duly empower them) and the purchase shall be made as a trustee or trustees, and said trustee or deliver and the purchase to purchasers at such sales or sales a good and sufficient deed or deed of trust provided that said Wakefield Trust Company, its successors or assigns, may recover therefrom to retain all sums hereby secured, whether then due or fell to due thereafter, or the part thereof then due and payable, together with all interest, costs and charges of the said expenses incident to such sale or sales, and all counsel fees and other expenses, incurred in, or are in connection therewith, and the residue, if any, shall be paid to the said mortgagor, or his said, all premiums for insurance, if any, either therefore paid by said Wakefield Trust Company, its successors or assigns, or then remaining unpaid, rendering and paying the surplus of said proceeds of sale, if any there be, over and above the amounts so to be retained as aforesaid,

486 together with a true and particular account of such sale or sales, expenses and charges to, the said mortgagor, his 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 mortgagor his heirs, executors, administrators and assigns, and all persons claiming said premises under him by any title whatsoever. AND I, the said mortgagor, for myself and for my heirs, executors, administrators and assigns, hereby covenant with said Wakefield Trust Company, its successors and assigns that if any of them with reason require execute such deed or delivery of satisfactory of sale or sales as may be necessary or desirable. AND FURTHERMORE I, the said mortgagor, for myself and for my heirs, executors, administrators and assigns, hereby covenant with said Wakefield Trust Company, its successors and assigns, that insurance against loss by fire hurricane and windstorm on said keep and maintenance of the building(s) erected on said premises, or other office or offices shall be kept Wakefield Trust Company, its successors and assigns, shall approve, and in the sum of Five thousand dollars ($5,000.00) Dollars, that the policy or policies of insurance subject to in- surance said buildings shall be made payable to said company or sale payable to said company in loss, to said Wakefield Trust Company, its successors and assigns, as collateral security hereto annexed, and that the policy or policies of insurance of said Wakefield Trust Company, its successors and assigns, may effect such insurance either in its own or in their own name, or in the name of Richard A. Rathbone, or in the name of his heirs, executors, administrators or assigns, and that the pre- miums paid therefor shall be a further charge upon said granted premises, secured by these present premises. IN WITNESS WHEREOF I have hereunto set my hand and seal this 13th day of August A. D. one thousand nine hundred and forty-five. Signed, sealed and delivered } in presence of } FRANK I. CRANDALL } RICHARD A. RATHBONE (SEAL) STATE OF RHODE ISLAND,) County of Washington ) In So Kingstown, on the 13th day of August A. D. 1945 before me personally appear- ed the above named Richard A. Rathbone to me known and known by me to be the party executing the foregoing instrument, and he acknowledged said instrument, by him executed, to be his free act and deed. FRANK L. CRANDALL (Notarial Seal) Notary Public. Received for record August 14th, A. D. 1945 at 4:20 o'clock, p. m., and recorded by [Signature] Town Clerk The Providence Union National Bank Wakefield Trust Office Wakefield, Rhode Island in South Kingstown, having received full payment and satisfaction of the within mortgage, does hereby release and discharge the same. IN TESTIMONY WHEREOF, said Trust Company has caused these presents to be signed and its Corporate Seal to be hereunto affixed by the Treasurer thereof, duly authorized this 16th day of June A. D. 1952. Signed and Sealed } in presence of } Margaret B. Walker } PROVIDENCE UNION NATIONAL BANK Wakefield Trust Office (Corporate Seal) Wakefield, Rhode Island Richard A. Helliwell Vice President Leroy C. Whitford Asst. Cashier Received for record June 19th, A. D 1952 at 4:35 o'clock, p. m., and recorded by [Signature] Town Clerk