7/20/1928 · MORTGAGE DISCHARGE · book 21 page 361 doc 7834

361 State of Rhode Island County of Washington ss, On this testimony on the third day of November AD 1924 before me personally appeared the above named Herman Heidman and Josephine Heidman, husband and wife each and all to me known, known by me to be the parties executing the foregoing instrument, and severally acknowledged said instrument by them executed, to be their free act and deed. Florence M. Ware [Signature] Henry David Recorded Nov 10, 1929 at 8:35 o'clock A.M. and re-dated by George A. Corwin Town Clerk Industrial Trust Company, having received full payment and satisfaction of the within mortgage hereby cancel and discharge the same, In testimony whereof, said company has caused these presents to be signed and its corporate seal to be hereunto affixed by the manager and cashier of its Westerly branch, both duly authorized this 19th day of July AD 1928. Signed and sealed in presence of L. G. Reynolds Industrial Trust Company By James N. Pendleton Manager Steven Stanton Cash Manager Ass't. recorded July 28, 1928 by George A. Corwin Town Clerk Know All men by these Presents, That I we Milton Dempster and Whereas Alfred Macleod of Charlestown, County of Washington and State of Rhode Island, in consideration of the sum of two dollars to me paid by William B. Katherine of said Charlestown, the receipt whereof I hereby acknowledge, do hereby remise, release and forever quit claim unto the said William B. Katherine his heirs and assigns forever, all the right title interest property claim and appurtenances which I may have, or of right have, to claim, or in and to a certain tract of land situated in said Charlestown, and bounded as follows beginning at a post set in the ground on the South side of the highway and ball of the residence of Lucy A. Webster; thence Easterly bounding Southerly by the highway one hundred and twenty four feet Southerly to at right angles with said highway and thence North East forty feet; thence Westerly one hundred and twenty four feet and thence Southerly one hundred and twenty four feet to the place of beginning, bounding Southerly by George S. Trobett, and Westerly by land owned in common with neighboring Being the same farm formerly owned by winning for the caused by deed Albert May fourth 1917 and surveyed in land

for which said shares are pledged and said note and mortgage given together with all fines chargeable by the by-laws of said corporation upon arrears of such payments until said shares shall reach the ultimate value of ten thousand dollars each, and if I or my heirs, executors, administrators or assigns, shall otherwise fail to pay into said corporation, its successors or assigns, said sum of thirty two hundred dollars together with all the said interest and fines as aforesaid, to the time of such payments and until said shares shall be paid or cancelled by the ultimate value of said shares, if I shall fail any of these agreements and assignments on the granted premises, as they shall become due, shall keep the building thereon insured against fire in a sum not less than thirty two hundred dollars for the benefit of the grantor, its successor or assigns, at such insurance office as it may shall allocate, and shall not commit or suffer either any strip, slice or parts of the granted premises, or any breach of any covenant herein contained, in whole, or in part than. This which act as also a note of even date herewith signed by me and sealed by me I promise to pay the grantor the full amounts at the times aforesaid while the said note remains shall be paid and remain in full force and effect. Furthermore, we the said grantor, and the said transition e., Smith hereby constitute and appoint the said corporation, its successors and assigns, our attorneys irrevocable, with the power of substitution and appointment for us and in our name, or in its or their name or names at any time, in case of non-payment or the aforesaid amounts dues, interest or fines of the period of six months after any payment thereof are due and or any other default in the performance or observance of any of the terms or conditions, to sell the granted premises or such portion thereof as may remain subject to this mortgage in any way, including relieve hereof, together with all improvements that may be thereon and all benefit and equity of redemption of its or of any partition therein, at beneficial auction in said characters, for its predecessors a notice of the time and place thereof, and in such manner as its successive meets in one or more newspapers published in said Township, and in its or their name or names as or its attorneys or attorneys, to make, execute, seal, acknowledge and deliver to the purchaser or purchasers thereof any and all such deeds as may be necessary to vest in such purchaser or purchasers a full and absolute estate in fee simple therein; and such sale shall forever bar us and all persons claiming under us from all right and interest in the granted premises, whether at law or in equity, and on sale thereof hereby granting unto our said attorneys power to continue or adjourn such sale from time to time, and do authorize said attorneys, to receive the amount of the same

132 may be sold but out of the money arising from such sale, in preference to all others, the successors or assigns, who shall be entitled to claim sufficient money to discharge said loan or advance in full together with interest and fines due, and all costs charges and expenses incurred or sustained by reason of any failure or default on the part of us, or our representatives to furnish and fulfill the conditions of this deed, including the taxes assessments and premiums of insurance, if any. To the end that we said exhibitors, to successors or assigns upon said granted premises, remaining the surface, if any, to us or our heirs or assigns, and it is agreed that the grantees, to successors or assigns any liens burdens or encumbrances in their way may mortgage at any sale as aforesaid and that no other mortgage will be admissible for the obduration of the purchase money, and that until default is in the performance of the conditions of this deed, we and our heirs and assigns may hold and enjoy the granted premises and receive the rents and profits thereof. In witness whereof we have hereunto set our hands and seals this 25th day of June in the year one thousand nine hundred and thirty. Signed, sealed and delivered in the presence of Everett B. Phillips Florence L. Smith SS Franklin A. Smith SS State of Rhode Island County of Providence On testimony on the 25th day of June 1930 before me) personally appeared Florence Smith and Franklin A. Smith, who said husband and wife to me known and sworn by me to be the grantors executing the foregoing written deed and they acknowledged said instrument to be their act sealed, to be their free act and deed. Everett B. Phillips Everett B. Phillips Received for record June 8th 1930 at 9 o'clock AM. and recorded by Eugene J. Jones, Town Clerk The Deputy for County P. D. and Law Accountant having received full payment of all taxes due and unpaid on said Mortgage, does hereby cancel and discharge said Mortgage. And further that said Extinction has caused to correspond with said B. be hereby signed by the Insurance Company only, acknowledged, the 7th day of September, 1934. Deputy Savings Bank and Law Accountant By AM Baker, Licensee Above deed returned to record of February September 10, 1934 as a notice and recorded by Eugene J. Jones, Town Clk.