11/13/1925 · MORTGAGE · book 22 page 95 doc 7983

Seal this 13th day of November in the year of our lord one thousand nine hundred and twenty first. Executed In the presence of George Merwin Stamps State of Rhode Island County of Washington ss At Charlestown, on the 13th day of November, AD 1925 before me personally appeared Alfred P. Richard to me known and known by me to be the party executing the foregoing instrument and we acknowledged said instrument by his/her hand appended to it to be his act seal and deed. George Merwin Notary Public Received for record November 13th 1925 at 1-45 o'clock PM, and recorded by George Merwin, Town Clerk. KNOW ALL MEN by these presents that I, Lawrence R. Richard, (unmarried) of Charlestown, County of Washington and State of Rhode Island, hereinafter called the mortgagor in consideration of three hundred dollars to one hand by (Alfred) P. Richard of Richmond in said County and State, hereinafter called the mortgagee, the receipt whereof is hereby acknowledged, do mortgage grant bargain sell and convey unto the said mortgagor, and his heirs and their assigns forever, a certain lot of land situated in said Charlestown containing fraction acres one thousand fifty per rods, and is marked on plat of Jason Reservation on file in Town clerks office in said Charlestown as "North Lot" and is bounded on the North and Northwest by "East Corner". Each of the necessary and all the estate of memory of the above reservation. It is agreed part of this mortgage that the said mortgagor may cut and remove from time to time during the first the part year of the term of this mortgage for the use of wood and fuelle other during the second year. To have and to hold the aforementioned premises, with all the right privileges and appurtenances thereto belonging unto and to the use of the said mortgagor, and his heirs and assigns thereof. And I the said mortgagor, do hereby for myself and my heirs executors securities and administrators covenant with the said mortgagee and his heirs and assigns that I am lawfully seized in fee simple of the said granted premises, that the same are free from all incumbrances which I have good right full power and lawful authority to sell and convey the same in manner as aforesaid, that

96 the said mortgagee and his heirs and assigns shall by these presents at 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 to the said mortgagee and his heirs and assigns free against the lawful claims and demands of all persons. Provided nevertheless, and this conveyance is made upon the sole consideration, that if the said mortgagor his heirs executors, administrators or assigns shall pay unto the said mortgagee or his executors, administrators or assigns, the sum of three thousand dollars, wherefore the paid mortgagor has executed a negotiable promissory note for said aggregate sum, becoming due three years from these presents and payable at the office of Justice Picard Providence R.I. from the date thereof with interest thereon at the rate of six per centum per annum payable monthly as annually in advance until paid provided same is paid wholly at or after maturity and all withholdments of interest in arrears whether before or after maturity to be levied at the rate aforesaid until paid paid and shall also pay all taxes and assessments upon said land or assessed upon or in respect of said premises thus held as security said promissory note shall be borne and be absolute void to all intents and purposes whatsoever. Part of said payment shall be made in the form of a note or note of paid until, but the line of taxes and assessments of taxation, or of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become payable, or any of the taxes or assessments aforesaid at the same become 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null and 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 chain all sums thereby reached, whether then due or to fall due thereafter, on the part- ticles of that pertaining unpaid, and also the interest thereon at six % per annum, together with all expenses incident to such sale or sales, for making said conveyances, and the fees of counsel and attorneys, and all costs or expenses incurred in the execution of said power, and all taxes, assessments etcetera, thereupon paid by the said mortgagees their successors, administrators or assigns, or then demanding unpaid upon said premises conveying and paying the surplus of the proceeds of sale if any there be, you are authorized to execute accounts so to be settled as aforesaid, together with a true and particular account of such sale or sales, purchases and payments to the paying (Lawrence Hotchkiss their successors, administrators or assigns), of which sale or sales made at such time and place as you shall determine, both in law and equity against the said Lawrence Hotchkiss their heirs, executors, administrators and assigns and as such persons owning said premises, or any part thereof now or in the future, and any other person or persons for himself and for his heirs, executors, administrators and assigns hereby covenant with the said mortgagees and his said successors, administrators ations and assigns, that he will from time to time execute such such deeds or other conveyances of said premises as may be required In witness whereof, I, have hereunto my hand and seal this 18th day of November in the year of our Lord one thousand nine hundred and twenty eight Executed in presence of George LaCroix Lawrence Hotchkiss L.S. State of Rhode Island, ss county of Charleston On the Charleston, on the 18th day of November AD 1928 before me personally appeared Lawrence Hotchkiss to me known and known by me to be the party executing the foregoing instrument and acknowledged said instrument in my presence executed, to be his free act and deed. George LaCroix Notary Public Received for record November, 18th 1928 at 2-05 o'clock p.m. and recorded by George LaCroix, Town Clerk