The instrument's own words
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36 KNOW ALL MEN by these presents, That I, Charles R.
Parsons of Hartford, County of Hartford and State of Connecticut
(hereinafter called the mortgagor) in consideration of Three thousand
four hundred dollars to me paid by Industrial Trust Company, a corporation
created by the laws of the state of Rhode Island, and of
located and transacting business in the city and county of
Providence, in said state, the receipt whereof is acknowledged, do
hereby grant, bargain, sell and convey unto said Industrial
Trust Company, its successors and assigns forever, : a certain lot
or parcel of land with dwelling house and other improvements thereon
standing, and being and being in the Town of Charlestown, County
of Washington and state of Rhode Island aforesaid, and more fully bounded
and described as follows: abutting North 38' 24" as written and
described on a certain deed number 456 platter titled "Plan of Enumerating
central Beach Charlestown, R.I., Fresh and Stream, Lane, Ciggets,
readily set forth in the which Pepper, 1924, Perry and Dixon Eggs, said
plan or platter being on file in the Town Clerks office in the town form of
Charlestown, being the same premises conveyed to this mortgagor
as per deed from Howard E. Smith dated the 24th day of September 1925-
and recorded in the said Land Evidence Record of the said town of
Charlestown, in Book 29 at page 135, of course to said deed being
hereby had and made and the same are a part of these
presents, together with all the right of way, and other benefits
ensured in the aforesaid deed and subject to all the covenants
and restrictions therein named, To have and to hold the
aforementioned premises, with their appurtenances unto
and to the use of said Industrial Trust Company, its successors
and assigns forever. And I, the said mortgagor, do hereby,
for myself and for my heirs, executors and administrators covenant
with said Industrial Trust Company, its successor and
assigns, that I am lawfully seized in fee simple of the said
granted premises; that the same are free from all encumbrances
whatsoever, that I have good right, full power and lawful
authority to sell and convey the same in manner and aforesaid;
that said Industrial Trust Company, its successor and assigns,
shall quietly possess at all time hereafter peaceably have and
enjoy the said premises, and that the said mortgagor will and his
heirs, executors and administrators shall warrant and defend
the same to said Industrial Trust Company, its successors and
assigns forever, against the lawful claims and demands of all
persons whomsoever and also to pay the moneys, taxes, assessments
and other further hereby secured, as hereinafter provided,
and for the consideration aforesaid, I, Vesta L. Parsons, wife
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of the said Charles R. Parsons do hereby release all my right of dower in and
to the said granted premises unto said Industrial Trust Company, its successors
and assigns, forever. Provided nevertheless, that I or the said mortgagor,
or my heirs, executors, administrators or assigns, shall pay unto
said Industrial Trust Company, its successors or assigns, the sum
of three thousand dollars ($3000) dollars in six (6) months from the date
hereof, with interest thereon at the rate of six (%) per centum per annum,
payable semi-annually in advance until said principal sum is paid,
whether at or after said maturity and all installments of interest in
arrears, whether at this date or after maturity to bear interest at the rate
until paid, and shall also pay all taxes and assessments of
every kind levied or assessed upon or in respect of said premises,
or upon said Industrial Trust Company, its successors or assigns,
in respect of this mortgage or mortgage debt whether under statutes
now in force or that may be hereafter enacted from their accrual
also not permitting waste overly, the said mortgagor promise
to pay to said Industrial Trust Company, or other than aforesaid shall become
with interest as aforesaid, at the time aforesaid, shall become
and be absolutely void to all intents and purposes whatsoever.
But if default shall be made in the payment of the said
sum or of interest accrued at the time and in the manner aforesaid,
or of the taxes or assessment aforesaid as the same become
payable, or of any either of them, or of any part thereof or
of breach shall be made of the covenants for insurance hereinafter
contained, then it shall be lawful for said Industrial Trust
Company, its successors or assigns, to sell, together or in
parcels all and singular the premises hereby granted or
intended to be granted or any part or parts thereof and the
benefit and equity of redemption of the said mortgagor and
of the said Eliza S. Parsons, their heirs, executors, administrators
and assigns thereon, at public auction, and to bid for and
become the purchaser at any such sale and any other
purchaser shall be accountable 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
said Washington county with power to adjourn such sale from
time to time, and such sale to be upon the premises or elsewhere,
as specified in such notice; and in its or in their own name
or names, or as the attorney or attorneys of the said mortgagor
and of the said Eliza S. Parsons (for that purpose here for the
interest duly authorized and appointed with full power of
substitution and revocation) to make, execute and deliver to
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38 The purchaser or purchasers at such sale or sales, good and
sufficient deed or deeds of said premises in fee simple, and to
receive the purchase moneys, and therefrom to retain all sums
merely accrued, whether then due or to fall due thereafter, or
that hereby then remaining unpaid, and also the interest then
due on the same, together with all expenses incident to such
sale or sales, and all counsel fees and other expenses incurred
in or in any way connected with the pursuit of these premises,
and all other costs and attorneys fees as aforesaid, and all premiums
for insurance either therefore paid by said Industrial Trust
Company, its successors or assigns of said remaining unpaid,
rendering and delivering the surplus of such purchase moneys, if
any, there be, over and above the amounts to be retained as
aforesaid together with a true and particular account of such
sale or sales, expenses and charges, to this said mortgagor, his heirs,
successors, administrators or assigns, which sale or sales should
forever be a perpetual bar by law and equity against the said
said mortgagor and the said Leonard P. Howard his heirs, executors,
administrators and assigns, and all persons claiming said
premises so soldly, from or under them or any of them.
Provided the said mortgagor for myself and for my heirs, heirs,
executors, administrators and assigns hereby covenant and
with said Industrial Trust loan company, its successors and
assigns that I may not will not neglect separate such
deed or deeds conditionally of such sale or sales as may be
necessary or advisable. Further the undersigned I the bond
mortgagor for myself and for my heirs, executors administrators
and assigns, hereby covenant with said Industrial Trust loan company,
its successors and assigns that insurance against the risks
by fire shall be made and maintained on the buildings on the
premises aforesaid in such office or offices as said Industrial
Trust loan company, its successors and assigns shall approve, in
a sum not less than three thousand ($3,000) dollars, and that
all policies of insurance on said building shall be assigned
and transferred or made payable in case of loss to said
Industrial Trust loan company, its successors and assigns as collateral
security thereof, and in default thereof said Industrial Trust
loan company, its successors and assigns may
effect such insurance either in its or their own name, or in the name
of said mortgagor, his heirs or assigns, and that the premium or
premiums paid therefor shall be a further charge upon and
granted premises secured by these presents as aforesaid.
In witness whereof we have hereunto set our hands and
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scale this sixteenth day of July A.D. one thousand nine hundred twenty seven,
signed sealed and delivered!
in presence of
Lewis Stanton
H. E. Thorp
Charles R. Parron L.S.
Vera S. Parron L.S.
State of Rhode Island & Co
County of Washington)
Ss.
On this sixteenth day of July A.D. 1927 before
me personally appeared the above named Charles R. Parron and Vera
S. Parron, husband and wife each and all to me known, known
by me to be the parties executing the foregoing instrument and
personally acknowledged said instrument by them executed, to be their full
act and deed.
Howard E. Thorp Notary Public,
Received for record July, 18, 1927 at 8.30 o'clock p.m.
and recorded by George G. Cross, Town Clerk
[Illegible handwritten section]
I Eleanor Baker of the City of Buffalo in the State of
New York for consideration paid grant to Nettie F. Spates of
the town of Farmington, county of New London and state of
Connecticut with warranty covenants, that certain lot or parcel
of land situate in the Town of Charlestown, Rhode Island laid
out and delineated as Lot No. 3, and delineated on that plat
entitled "Parkedge East Plat Wavecrest development" bounded
Meadows Cliff on the North by Passages Road South on
the East by Lot No. 4, on the South by Charlestown Road 50 feet and
on the West by Lot No. 2, said premises are subject to
following restrictions, namely: Any dwelling house that may be
erected on the granted premises shall be used exclusively as
a residence for a female family, that no outbuilding except
those necessary for the convenient use and enjoyment of
The page as recorded
