6/22/1915 · MORTGAGE · book 18 page 241 doc 6971

Know all MEN by these presents that we Anator tate Faloni and Emma Madeline Faloni his wife, of Town of Charlestown, county of Washington, State of Rhode Island here called the mortgagor in consideration of thirteen hundred (1300) dollars to us paid by the founder to whom it may be convenient of the town of North Kingstown, county of Washington, State of Rhode Island here called the mortgagee, the receipt whereof is hereby acknowledged, do hereby grant, convey, bargain, sell and convey unto the said mortgagee and his heirs and assigns forever, a certain farm situated in Charlestown, County of Washington, State aforesaid containing eighty (80) acres more or less with a dwelling house and other buildings, then remaining pertaining as follows, commencing at the north east corner of the wall not now owned by shrives however, then southerly by the highway to road used formerly by Charles M, and now owned by Nathan E. Hathaway, then west easterly by said Nathan Hathaway land east until formerly of Thomas land to a stone land fence then northeasterly by said Indian land to land formerly owned by Brown Masterson, nor westward to land David E. Mills, then east to the brook then by the brook to the pond, then east on said pond to the North east corner land of said Charles, then south and then southerly and then westerly on land of said nerve to the first mentioned corner, Also two other certain tracts of land situated in said Charlestown, containing thirty (30) acres more or less, which two tracts together are known as the narrated farm of range Promising deceased. The first tract is bounded as follows, on the North by land of the heirs of auburn b. lund, on the East by land of said land heirs, on the South and West by the highway leading to the saw mill. The second tract is bounded as follows, on the North by land formerly of Benjamin G. Brownell, on the East by the above mentioned highway, on the South by land formerly of Thomas R. Plunk and on the West by the Brook’s Cedar Swamp, or however either of said tracts may be bounded, Being the same premises conveyed to these tracts by deed from his parents dated June 30 1915 and recorded in the records of land owners of the town of Charlestown in Book No 18 page 235 To have and to hold, the aforementioned premises with all the privileges and appurtenances thereunto belonging unto said and to the use of the said mortgagee and his heirs and assigns forever, and in the said mortgage, do hereby, for ourselves and for

242 my heirs, executors and administrators, covenant with the said mortgagee and his heirs and assigns that we are completely seized in the said premises. The said granted premises that the same free from all incumbrances that we have good right full power and lawful authority to sell and convey the same in manner aforesaid that the said mortgagee and his heirs and executors and administrators may quiet possess at all times hereafter peaceably and quietly have and enjoy the said premises, and that we the said mortgagor will and our heirs executors and adminis- trators 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. Signed for the consideration aforesaid. Emma the forenamed wife of the Governor Horatio G found in fully release all my right of dower in and to the said granted premises unto the said mortgagee and his heirs and assigns forever. Provided however that this conveyance is made upon the express condition that if the said mortgagor or his heirs executors administrators or assigns shall fully pay with the said mortgagee or his heirs administrators or assigns the sum of thirteen hundred ($1300) dollars, whereof the said mortgagor have made their negotiable promissory note for said payment sum bearing date with these presents, and made payable to the order of Alexander G. Providence six months from the date hereof, with interest thereon at the rate of five per centum per annum payable semiannually in advance until said principal sum is paid whether at or after maturity, and all installments 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. Their said 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 note or of said interest at the time or times and in the manner aforesaid or in the taxes or assessments aforesaid as 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 hereinbefore contained then it shall be lawful for the said mortgagee 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 benefit and equity of redemption of the said mortgages and their heirs, executors, administrators and assigns thereof, as published notices 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 purchase money) part proving more timely than and prior to sale by publishing the same at least once each week for three successive weeks in some public newspaper published in the town of Providence with the power to adjourn such sale from time to time, provided that the publishity 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 his or their own name or names, or as the attorney or attorneys of the said mortgagors, to that purpose by these presents duly authorized and appointed with full power of substitution and re-conveying to make, execute and deliver to the purchaser or purchasers at such sale a good and sufficient deed or release of said premises in fee simple, and to receive the proceed of such sale or sales, and from such proceeds to reimburse all sums hereby secured, whether their use or to fall use therefore, or the part thereof their remaining unpaid, and also the interest thereon up to the same, together with all expenses incident to such sale or sales, or for making said deeds, releases, and for fees of counsel and attorneys, and all costs or charges incurred in the exercise of said power, and all other assessments and premiums for insurance if any either heretofore paid by the said mortgagors 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 amount to be so retained as aforesaid, together with a true and particular account of said sale or sales, expenses and charges, to the said mortgagors their heirs, executors, administrators or assigns, which such sale or sales made or ordained shall be a perpetual bar both law lire and equity against the said mortgagors their heirs, executors, administrators and assigns, and all persons claiming said premises no right lay from or under them, or any of them. And in the said mortgagors for ourselves and for our heirs, executors, administrators and assigns hereby covenant with the said mortgagee and their heirs, executors, administrators and assigns

244 that we and they will upon request execute such deed or deed confirming of said roll or release as may be required, and further more, we the said mortgagors for ourselves and for our heirs, executors, administrators and assigns hereby covenant with the said mortgagee, and his executors, administrators and assigns, that whatever insurance may be kept for the buildings on the premises aforesaid, in such offices or offices as the said mortgagee and his executors, administrators or assigns shall appoint in a sum not less than fourteen hundred ($\text{1400}$) 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 until paid, and in default thereof, hereby agree that the said mortgagee, or his executors, administrators or assigns, may effect such insurance in the name of the said mortgagors and their heirs and assigns payable in case of loss to the said mortgagee, and his executors, administrators or assigns, may effect such premium or premiums paid therefore shall be a further charge upon said premises, secured by their presents. In witness whereof, we have hereunto set our hands and seals this $22^{\text{nd}}$ day of June in the year of our lord one thousand nine hundred and fourteen. Signed and sealed in presence of George LaCorbe Horatio A. Falcone L S Emma M Falcone L S State of Rhode Island County of Washington At Charlestown on the $22\text{d}$ day of June AD 1914 before me personally appeared Horatio A. Falcone and Emma M Falcone to me known and known by me to be the parties executing the foregoing instrument, and they acknowledged and instrument by them executed to be their free act and deed. George LaCorbe Notary Public Received for record June $22\text{d}$ 1914 at 4 o'clock p.m. and recorded by George LaCorbe Town Clerk I the mortgagee having received full payment and satisfaction of all the monies due on the mortgage recorded on the $22\text{d}$ day of June 1914 on the land described therein on book 136 page 244 do hereby cancel and discharge the same, and I covenant to and with the present recording party payment, to release the premises from the mortgage. In witness whereof I have hereunto set my hand and seal this $22\text{d}$ day of June AD 1924 Alexander A. LaVallee L S Witness George LaCorbe Recorded Oct $22\text{d}$ 1924 by George LaCorbe Town Clerk