10/27/1926 · MORTGAGE · book 22 page 385 doc 8147

Know all men by these presents, that I Idonice R. Reitzel, unmarried, of the City and County of Providence in the State of Rhode Island, hereinafter called the mortgagor in consideration of Eight Hundred (800) dollars to lend hereby by Mary Alice of the City and County of Providence and State of Rhode Island hereinafter called the mortgagee, that receipt whereof is hereby acknowledged, do hereby grant, bargain, sell and convey unto the said mortgagee, and her heirs and assigns forever, a certain tract of salt marsh land containing four acres more or less situated in the town of East Greenwich in said Washington County and bounded as follows on the north by a creek, or the west on a creek or channel and bound of someone, on the south by a highway and on the west by land of the heirs of Stephen B. Crompton and heirs of Edward B. Crompton, or likewise otherwise bounded To have and to hold, the aforementioned premises, with all the rights perquisites and appurtenances thereto belonging unto and to the use of the said mortgagee, and her heirs and assigns forever, Cond the I the said mortgagor, do hereby agree and promise to pay my heirs, executors and administrators combined with the said mortgagee her heirs and assigns that I am lawfully seised in fee simple of the said granted premises: that the same are free from all encumbrances: that I have all right, full power and lawful authority to sell and convey the same as aforesaid that the said mortgagee her heirs and assigns shall be and they present at all times hereafter seized, quieted and held and enjoy the said premises, and that I the said mortgagor will, with my heirs executors and administrators shall warrant and defend the same to the said mortgagee her heirs and assigns forever against the lawful claims and demands of all persons And for the consideration of aforesaid I, Idonice R. Reitzel hereby covenant that I am unmarried, foreclosed, mortgaged and this conveyance is made upon the above condition, that if the said mortgagor her heirs executors administrator or assigns, shall pay unto the said mortgagee or to her executors administrators or assigns, the sum of eight hundred (800) dollars, together with the said mortgagor has checked her negotiable promissory note for said amount, being seen date with these presents and made payable to the order of Mary Alice from the date hereof with interest thereon at the rate of eight 1/2 per centum per annum payable semi annually, in advance, until said principal sum is paid, either at or after maturity, and all installments of interest in arrears whether before or after maturity, to bear interest at the rate aforesaid until paid and shall also pay all taxes and assessments of every kind levied or assessed upon or in respect of said premises This that deed and as also said promissory note, shall become null and void to all intents and purposes whatsoever But if aforesaid shall be made

386 in to payment of the said principal sum or of said interest, at the time or times and in the manner aforesaid, or of the taxes or assessments aforesaid, as the same became payable or of any other of them, or of any part thereof, or if breach shall be made of the covenants for mortgage a heretofore contained then it shall be lawful for the said mortgagee, her successors, administrators auss assigns, to sell either or in parcels, all or any part of the premises hereby granted or intended to be granted, or any part of those thereof, and the benefit and equity of redemption of the said mortgagor and his heirs, executors, administrators and assigns in them, if public auction upon the premises, and to be fore and become the purchaser or purchasers at any such sale (and no other purchaser or purchasers shall be admissible 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 newspaper published in Providence, Rhode Island, with 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 same newspaper, either in his or her own name or manner, or as the attorney or attorneys of the said mortgagor (for that purpose by their instruments duly authorized and appointed with full power of substitution and revocation) to make, execute and sufficient lead or deeds of said premises in the simplest to and to receive the proceeds of such sale or sales, and from such proceeds to collect all sums hereby loaned unpaid, or then due or to fall due thereafter, on the part then remaining unpaid, and also the interest then due on the same, together with all expenses incident to such sale or sales, or for making said foreclosure, and for fees of commissioner and attorneys loan all costs or expenses incurred in the exercise of said powers, and all taxes assessments and premiums for insurance of any estate heretofore paid by the said mortgagor, her executors, administrators or assigns, on the remaining unpaid part which said against premises remaining and tracing the surplus of said proceeds of any there be ore aviation the same notice to be returned as aforesaid, further with a nice and particular account of expenses or rates offices and charges, to the said mortgagor 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 mortgagor, his heirs executors administrators and assigns and all persons claiming said premises so solely, from or under him, them or any of them, and the said mortgagor for myself and for my heirs, executors, administrators and assigns, hereby covenants with the said mortgagee, and her

heirs, executors, administrators and assigns, that I and they will upon request execute such deed or deed confirmatory of said sale or sales as may be required. And furthermore, I, the said mortgagor, for myself and for my heirs, executors, administrators and assigns, hereby covenant with the said mortgagee, and her executors, administrators and assigns, that insurance against loss by fire shall be kept and maintained on the buildings erected on the premises aforesaid, in such office or offices as the said mortgagee, and her executors, administrators or assigns, shall approve in a sum not less than eight hundred (800) Dollars, and that the policy or policies of such insurance shall be assigned and transferred to or made payable in case of loss to the said mortgagee, or her executors, administrators or assigns as collateral security holder, and in default thereof hereby agree that the said mortgagee, or her executors, administrators or assigns, may effect such insurance in the name of the said mortgagee, and her executors, administrators, payable in case of loss to the said mortgagee, and her executors, administrators or assigns and that the premiums for such insurance paid therefore shall be a further charge upon said premises, secured by their parents. In witness whereof I have hereunto set my hand and seal this 17th day of September in the year of our lord one thousand nine hundred and twenty six. Executed in presence of Lothrop J. Immora Reharke O. Rietzel L.S. State of Rhode Island ve County of Bristol ss In Providence on the 17th day of September, AD 1926 before me personally appeared Reharke Rietzel who is known and known by me to be the party executing the foregoing instrument and he acknowledged said instrument, by him executed, to be his free act and deed. Lothrop J. Immora Notary Public. Received for record Octbr 27th 1926 at 4.10 o'clock P.M. and recorded by George G. Coons, Town Clerk. I, Mary A. Slide the undersigned having received full payment and satisfaction of the mortgage mortgage recorded in the records of land evidence in the town of Charlestown in the State of Rhode Island in real estate mortgage Book No. 21 at page 383, hereby cancel and discharge the same, And I Mary Slide covenant to and with Reharke Rietzel concerning said payment that I do hereby release owner of said mortgage. In witness whereof I have hereunto set my hand and seal this day of June 28, AD 1931. In presence of Mary A. Slide Harry Little Recorded July 1st 1931 George G. Coons Town Clerk.