The instrument's own words
page 1
Know all men by these presents, that we George M. Newport and
and Mary E. Hayward, husband and wife, of the town of Charlestown, County of
Washington, State of Rhode Island remise release called the mortgage on
in consideration of twenty one hundred dollars to be paid to us part of Charles P Eldridge
of the said town of Charlestown, remise release called the mortgage, the receipt
whereof is hereby acknowledged, be it known that, with Benjamin, sail and
come into the said mortgage, and this deed and using its terms, it
extant tract of land placed with a covering space and other important
ments thrown blankly, situated in the said town of Charlestown and
formed and declared as follows, to wit executed at the mention of the
history writing as it relating from the 1st board to the west side, R.I. of wind
stated by the East hand, clearly and marking spacing stating it stay to
be bounded and returned and certainly on land measured to the w it is’t’ t’ l’
to execute and with witness, or recorder stated it is’d and acted’d
To have and to hold the premises aforesaid, with all the
right privileges and all advantages pertaining thereunto coming unto and to
the use of the said mortgage, and his heirs and assigns forever, and
we the said mortgage, do hereby, for ourselves and for our heirs, assigns
and administrators, covenant with the said mortgage and his heirs
and accepts that we are lawfully and fully seised in all moieties of the said
granted premises, that the same are free and clear from action served, that
we have a good right, full power and authority to sell and convey
the said premises in manner aforesaid and that the said mortgage and his
heirs and assigns shall by these presents at all times have heritors
precisely and quietly enjoy and using the said premises, and that we and
the said mortgage shall, and our heirs, assigns, servants and administrators
shall, warrant and defend the same to the said and to his heirs
and assigns against any and every person whomsoever and conclude
of all persons. Provided moreover that this conveyance is
made upon the following conditions, that if the said mortgagor their heirs,
executors, administrators or assigns, shall pay into the said mortgage
or his successors, conveyances stated for sum of twenty one hundred
dollars, whether the said mortgaged made their mortgage
promissory note for said principal sum, with interest, according to the
presents, and made payable to the use of the said Charles P Eldridge,
with interest thereon at the rate of six per centum per annum payable
semi annually and with monthly installments of $5.00 each date and
payable on the principal thereof until said principal sum is paid in
full, and all installments of interest in advance, whether paid or
after maturity, to be paid monthly at the rate specified until paid, and
shall also pay all taxes and assess ments of every kind levied, or
assumed either on or in respect of said premises, then this deed, and
aforesaid promissory note, shall become void and contrary .. and to
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480 du. idly and punctualy, moreover, But if default shall be
made in a payment out of the said note or of the installments due
thereon, or if at any time at the time or times and in the manner
aforesaid, or if the lessee shall omit to make payments aforesaid, or the same become
vacant, or if any part of either of them, or of any part thereof, or of any breach
shall occur of any of the covenants for renewal hereinafter contained,
Then I will and do agree that for all and any damages, with specification
and costs which may accrue to me, all further sum or sums in hand, all and
any other’s the premises being granted or intended to be granted or
of any part subject to the act, with the weight and quantity of descriptions
of the said land and of any such persons, executors, administrators and
heirs, who shall within a year from the renewal, and to bind the
said notes, the premises or premises at any time such land and
or others, who shall purchase, hold or otherwise for the appli
cation of the purchase in my past, first giving notice of the time
and place of will be notified in a newspaper published in the town of
st. et cetera, etc. with power to adjust an date from time to time.
Moreover that the witness of the things in state have confirmed,
together with the since the agreement or approval water at
each side each neck in the same newspaper, and in our orbits
namely, we promised, as the attorneys of the said
trustees, that provided that we are the agents who authorized
and appointed with the power of substitution and sub-deletion,
to make, specify and deliver to the purchasers or purchasers at
which sale it is said and authorized find or need of said premises
in the fee simple and to execute the deed with sale, and
all other such issues to be in some manner secured, whether
ten days or to be more than thirty, on the part thereof containing
unlimited, and we are the visitors then are on the same portion with
all privileges appurtenant to such sale, pass or pay for mortgage debt
and taxes, and our fees of counsel and attorney, and all costs or
expenses incurred in the process of said premises, and all taxes assessments
and payments in arrears any others hereafter due on the part and
with the trustees’ heirs, executors, administrators or assigns, of them
who are employed upon said granted premises, cultivating and
pruning the soil thereof and forbids of spoil if any there be soil and
remove the wood but not to be removed as aforesaid, together with all
and furniture amount which shall be paid, preference and charges,
to the said trustees, their heirs, executors, administrators or
assigns, which notes or sale are executed, which shall forever be
a judgment debt in court and any way against the above mortgagor
their heirs, executors, administrators and assigns and all foreclosed
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481
claiming said premises, as sold by, or under them or any of them, and
the said mortgagees, for themselves and for their heirs, executors, administrators and
assigns, whereby covenant with the said mortgagor, and his heirs, executors,
administrators and assigns, that they will upon request execute such
deed or other conveyance of said sole or sale as may be deemed due;
and furthermore the said mortgagees for themselves and for their heirs,
executors etc administrators and assigns, hereby covenant with the said mortgagor,
and executors, administrators and assigns, that any insurance against loss
by fire shall be kept and maintained on the building on the premises
aforesaid, in such office or offices as the said mortgagees, and his executors, administrators
statutes or assigns, shall direct, in a sum not less than seventy seven hundred
dollars, and that the policy or policies of such insurance will be assigned and
transferred or made payable in case of loss to the said mortgagees, or his executors,
administrators or assigns as collateral security agents, and in support thereof
hereby agree that the said mortgagees, or executors, administrators are entitled
only, to keep such insurance in the name of the said mortgagor, and that their
said building private in case of loss to the said mortgagees and said executors,
administrators is void, and that the premises aforesaid shall further
be a further covenant, and as valid and apparent secured by these premises,
on whom, noting, none of me have now’s T. S. H. hundred and case three
day of June in the year of our Lord one thousand nine hundred and twenty five,
Executed in presence of
witnesses signing
[Signature] Linda M. Naw L.S.
[Signature] Mary E. Hayward L.S.
State of Rhode Island
County of Providence
ss
The foregoing was subscribed on the 8th day of June 1825 before me, a notary
appointed resident in the state, and I may certify and with to me person and be a
affirmed to me to be the parties before me that the signature instrument, and they acknowledged
said instrument, as they executed, to be their act and deed
[Signature] Storey D. Seward notary
[Signature] H. Henry Belbin
Received for record June 8, 1925 at 1:30 o'clock Pm
and recorded by George B. Corron Town clerk
I the undersigned, having received full payment and satisfaction of the
within mortgage recorded in the records of lands evidence in the Town of Johnston
in the state of Rhode Island recorded in real estate mortgage book No 28 at page 481 1925 hereby
cancel and discharge the same. And I covenant to and with the person
making said payment, that I am the present owner of said mortgage.
In witness whereof I have hereunto set my hand and seal this 8th day of
March, Act 1927
[Signature] Insurance of
[Signature] Linda M. Elizabeth
[Signature] Mary E. Hayward
[Signature] Elizabeth S. Seward
notary
Recorded March 8, 1927 by George B. Corron Town clerk