7/26/1915 · MORTGAGE · book 18 page 265 doc 6984

265 Know all MEN by these presents that I, George M lohafee, (unmarried) of the Town of Charlestown, County of Washington in the State of Rhode Island hereinafter called the mortgagor in consideration of me thousand ($1000) dollars to me paid by one R. Lindshear of the Town of Richmond, in said County and State hereinafter called the mortgagee, the receipt whereof I hereby acknowledge, do hereby give, grant bargain, sell and convey into the said mortgagee and her heirs and assigns forever, a certain farm which is situated in the Town of Charlestown, County of Washington and State of Rhode Island, containing by estimation one hundred and thirty (130) acres, be the same more or less, with a house, barn and other buildings and improvements situated thereon bounded and described as follows, to wit, Beginning at Bigwood Pond at bound of heirs of the late Green Clark and running westerly bounded on the South partly by bound of the said heirs, and partly by bound of openjdk R. Nichols boundary, belonging to the late James H. Hopson's Heirs Northly bounded on the West by bound of breast A Weaver, formerly belonging to the heirs of the late Nathaniel Lewis's Hence easterly bounded on the North by bound of the heirs of the said Green Clark and on the East by the said Pond until it come to the place of beginning. The said farm was received to the said Large M Chaffee by the deed from the law of the said late Nathaniel Lewis, dated May 18, 1847 said deed being recorded in Book 1# page 1105, 1094, 1095 of the land Evidence of said Town of lohafee, however the said farm may be bounded or described, To have and to hold the aforesaid premises, with all the privileges and appurtenances thereunto belonging, unto and to the use of the said mortgagee, and her heirs and assigns forever. And I the said mortgagor, do hereby, for myself and for my heirs, executors and administrators, covenant with the said mortgagee and her heirs and assigns that I am lawfully seized in fee simple of the said granted premises, that the same are free from all encumbrances that I have good right full power and lawful authority to sell and convey the same in manner as aforesaid; that the said mortgagee and her heirs and assigns shall by these presents and all times hereafter peaceably and quietly have and enjoy the said premises, and that I the said mortgagor will and my heirs, executors and administrators, shall warrant and defend the same

266 To the said mortgagee and her heirs and assigns forever against the lawful claims and demands of all persons. Provided nevertheless, that this conveyance is made upon the power considered, that if the said mortgagor her heirs, executors, administrators or assigns, shall pay with the said mortgagee or her executors, administrators or assigns the sum of one thousand Dollars [1000$] whereas for the said mortgagor has made her negotiable promissory note for said aggregate sum bearing even date with these premises, and made payable to the year of anna Roupouper me year from the date hereof with interest thereon at the rate of 6 per centum per annum payable semiannually until said principal sum is paid, whether it or after maturity, and all installments of interest in arrears whether before or after maturity, to bear interest at the rate aforesaid until paid, with shall also pay all taxes and assessments of every kind levied or assessed upon or in respect of said premises, then this deed as also said promissory, shall become and be absolutely void to all intent and purpose whatsoever. But if default shall be made in the payment of the said sum of one thousand (1000$) dollars all and said interest at the time or times and in the manner aforesaid, or of the taxes or assessments aforesaid at the time being payable, or if breach shall be made of the covenant for insurance hereinafter contained, then it shall be lawful for the said mortgagee her executors, administrators & assigns to sell, together a in parcels, all and singular the premises hereby granted or intended to be granted, or any part or piece thereof, and the benefit and equity of redemption of the said George B. Biffle and his heirs executors, adminis and assigns their habits arrears 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 accountable 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 public newspaper published in said County of Washington with the 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

name newspaper, and in his or my own name or names or as the attorney or attorneys of the said George W. Chaffee (for that purpose by these presents fully 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 return all sums hereby secured, whether then due or to fall due thereafter, or the part thereof remaining unpaid, and also the interest then due on the same, together with all expenses incident to such sale or sales, or for making such foreclosure, and for fees of court and attorneys and all costs or expenses incurred in the exercise of said power, and all taxes, assessments and premiums for insurance, if any, either then fore paid by the said mortgagor his executors, administrators or assigns, or then remaining unpaid upon said granted premises, returning and paying the surplus of said proceeds of sale if any over the sum and over the amounts to be so retained to the afore said G. Chaffee, together with a true and particular account of such sale or sales, fees or expenses and charges, to the said George W. Chaffee or 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 George W. Chaffee and his heirs, executors, administrators and assigns, and all persons claiming said premises or sold day, from or under him then, or any of them, and I the said mortgagor, for myself and for my heirs, executors, administrators and assigns, hereby covenant with the said mortgagee, and his heirs, executors, administrators and assigns, that I and they will upon request execute such deeds and covenants confirmatory of said sale or sales as may be required. And further more I the said mortgagor, for myself and for my heirs, executors, administrators and assigns do hereby covenant with the said mortgagee, and his executors, administrators and assigns, that insurance against loss by fire shall be kept and maintained on the buildings which are situated on the premises aforesaid, in such office or offices as the said mortgagee, and his executors, administrators or assigns shall approve, in a sum not less than one thousand ($1000) dollars and that the policy or policies of such insurance shall be assigned and transferred or made payable

268 in case of loss, to the said mortgagee, her executors, administrators or assigns, as collateral security hereto, and in support thereof, hereby agree that the said mortgagee, or her executors, administrators or assigns, may effect such insurances in the name of the said mortgagee, after her heirs and assigns, payable in case of loss to the said mortgagee, and her executors, administrators or assigns, and that the premium or premiums paid therefore shall be a further charge upon said granted premises, secured by these presents In witness whereof, I have hereunto set my hand and seal this 17th day of July in the year of our Lord one thousand nine hundred and fifteen. Signed and sealed in presence of [signatures] Joseph E. Lamphear George M Chaffee L.S. State of Rhode Island County of Washington Before me personally appeared George M Chaffee to me known and known by me to be the party executing the foregoing instrument and he her ack acknowledged the said instrument to be his free act and deed. Joseph E. Lamphear Notary Public L.S. Received for record July 24 1915 at 10 oclock A.M. and recorded by George L. Converse Town Clerk I the undersigned having received full payment and satisfaction of the within Mortgage recorded in the records of land evidence in the Town of Chadtown in the State of Rhode Island in Book Number 18 at page 265 hereby cancel and discharge the same. And I Covenant to and with the person making said payment that I am the right owner of said mortgage In Witness Whereof I have hereunto set my hand and seal this 14th day of June AD 1918 Witness William T. Wileox Anna R. Lamphear Recorded june 15 1918 by George L. Converse Town Clerk