The instrument's own words
page 1
446 Know All Men by these presents that Beatrice Damner B.
settled and residing with myself Rebekah K. Littlefield of the city of Providence
and state of R.I. while now named, hereinafter called the mortgagors, for and in
consideration of the sum of three thousand (3000) Dollars well and
truly paid by the Narragansett Trust Company of the Town of Newport,
county of Newport and state of Rhode Island below, the receipt whereof
is hereby acknowledged by these presents of me, grant, bargain, sell,
convey and assign unto the said Narragansett Trust Company its
successors and assigns, certain that tract land north with all
buildings and improvements thereon, located at lowers Mills in
the town of Smithfield in the state of Rhode Island, containing me
and [?] and known as and referred to in the "Map" as the "Hale's Place"
and bounded and described as follows, commencing at the
southwest corner of said tract at a stone bound in the southwesterly
side of the way called at point a boundary eighty eight and
three (88.3) feet along a boundary line direct north from the
southeasterly corner at a stone post at the boundary corner at Edward
Ellsworth and thence northeasterly one hundred twenty two and the (122.85)
feet to a stone bound; thence southeasterly eighty eight and three (88.3)
feet to a stone bound, bounding northeasterly and
southeasterly on said boundary known as the Old Post Road; thence
northwesterly three hundred thirty and three (333) feet to a stone bound,
thence westerly two hundred (200) feet to a stone bound, bounding
southerly and northerly on private ways forty (40) feet wide and otherwise
on the east side of the site Tract’s boundary thence northeasterly Thence
northwesterly twenty two (22) feet to a stone bound, bounding northeasterly
on other hand of said tract of Frank H. Damner; thence Northeasterly
twenty four (24) feet to the point of beginning, bounding
Southeasterly on a highway west side forty (40) feet wide in manner
and form aforesaid, arrive at a stone boundary stone on
a beam of east fast made by T.M. Hapgood, December,
1879 attached to the said tree in there northwesterly direction, together with
the rights, titles and appurtenances thereunto belonging, giving the same premises conveyed
to these mortgagors, on a deed from Joseph Ben Franklin, with said titles
under the seal, I trust it’s correct, to be recovered from health,
to give and hold the said granted and bargained
premises, with all the privileges and appurtenances to the
same belonging, or in any other thing pertaining to the said granted
to succession land visions forever, and the said grant as
for owners and for our heirs, executors and administrators,
as covenant to bind with and warrant to successor and
vision, that at act and before the encumbering hereof we are the lawful
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owners of the above bargained premises, and we are seized and possessed
of the same in our own right at good, perfect and absolute estate of inheritance
in fee simple and have good right to sell, convey and confirm the said
bargained premises in manner aforesaid, and further that the said devised and
bargained premises, with the appurtenances are free from all encumbrances
of whatever name or nature soever, that might in any measure or degree,
disturb or make void this present deed.
Furthermore we the said grantors for ourselves and for our heirs,
executors and administrators do covenant and engage the above described
premises to the said farm company, its successor and assigns, against
the lawful claims or demands of any person or persons whatsoever,
forever to warrant secure and defend by these presents.
The condition of this deed is that whereas, we the said grantors
have executed our negotiable promissory note for the sum of three thousand
(3000) dollars soon due forty ninth bond made payable to the
said Washington Trust company on or before in six months from the date
hereof, if the said note or any other note of the said trust company or any other
person, for ourselves or our heirs shall be paid with all maturity interest with the
interest thereon according to the tenor thereof then this deed shall be void,
otherwise shall be and remain in full force and effect.
Furthermore, we the said grantors do hereby constitute and
appoint the said grantee its successors and assigns as attorneys,
irrevocably, with full power of substitution and revocation for us,
and in our own names or in their names or names at any time, in
case default shall be made in the payment of said note, or of the
interest thereon, and such default shall continue for a term
of ten days, to sell by public auction the premises aforesaid, or any
part thereof by first giving notice of the time and place of sale
by publishing the same at least once in each for three successive
weeks in one of the public newspapers printed in Providence
county and in our premises in a sign or in their own name or manner to
make and deliver to the purchaser or purchasers of any deed
or deeds that may be necessary to vest in such purchaser or
purchasers an estate in fee simple free and clear and void
hereby granting unto the said attorneys power to constitute or
appoint others to sell from time to time, we are authorized said
attorneys to receive the payment of the amount the same may be sold for and,
after the payment of all the expenses incurred in such sale or sales, to
apply and appropriate the residue thereof to the payment of the amount
of principal and interest of said note hereby assured. (and we hereby
agreeing that in case of a sale for default on the payment of said
interest the principal of said note shall be deemed due and payable
on the day of such sale,) according to their terms and assigns.
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448
For all sums over and above the amount aforesaid, hereby ratifying
said continuing such sale or sales as may be made or caused to
be made by virtue thereof.
Furthermore we the said
grantors for ourselves and for our heirs, executors, administrators
and assigns, do hereby covenant with the said grantee its successors
or assigns, that insurance against fire shall be kept
and maintained upon the buildings on the premises aforesaid in
sum not less than Three thousand (3000) dollars, and that the
policies or policies of such insurance shall be assigned and transferred
to the said grantee, its successors and assigns, as collateral to
secure said note, and in witness thereof, we set our hands and
seals to our succession as signing witnesses, that such insurance, and
the mortgage or mortgages said thereon shall be a further lien upon
said estate until paid in full. Signed and sealed and witnessed by the presents
In testimony whereof we have set our hands and
seals this 1st day of March, A.D. 1925
signed, sealed and delivered
in presence of
[Signature]
[Signature]
[Signature]
[Signature]
[Signature]
F. M. R. Butterfield Ls.
Lawrence M. Butterfield Ls.
state of Rhode Island
county of Providence ss.
On this 31st day of March in the year of our Lord 1925, before me
now appeared the above named witnesses’ signatures, James H. Whitfield
and W. S. Lawrence & L. Butterfield with their instruments and L. Moore, and swore
to me that they had subscribed their names in and had executed the foregoing
instrument and they severally acknowledged said instrument to
be their free act and deed.
Fred A. Miller
Notary Public
Received for record March 31, 1925 at 9:35 o'clock A.M.
and recorded by George E. Grosse, Town Clerk
For transfer of above mortgage see Book 274 pag 155
For Satisfaction of above Mortgage, see Book 30 Page 105
The page as recorded
