The instrument's own words
page 1
126 and assigns, that insurance against loss by fire shall be bought and
maintained upon the buildings on the premises aforesaid, in a sum
not less than five thousand dollars, and that such insurance shall be
made payable, in case of loss, to the said Old Colony Loan and Investment Bank,
its successors and assigns, and do hereby agree that the said Old Colony
Loan and Investment Bank, its successors and assigns may effect such
insurance in the name of us the signifiers on our behalf or assigns
payable in case of loss to said Bank, its successors or assigns, and that the
premiums or premiums paid therefor shall be a further charge upon
said granted premises secured by these presents, and we said
do hereby make fully complete and absolute appointment the general managers
for the time being of said bank, its successors or assigns our true and
lawful attorneys or attorneys, irrevocable, in our name and stead
to adjust any and all loss that may occur under any such insurance,
which is payable in case of loss to said bank, and to give discharging
receipts for any and all sums received in settlement of such loss and
we the said belovest furthermore agree to pay the premiums in all such
insurances placed at expense of said bank within thirty days after
such insurance becomes effective.
In testimony whereof we have hereunto set our hands and seals
this 6th day of December in the year of our lord one thousand nine hundred
and twenty seven.
Signed, sealed and delivered
in presence of
Leighton M. Crompton.
William Gregson L.S.
Elizabeth Gregson L.S.
Thomas Bloomer L.S.
Henriette Bloomer L.S.
State of Rhode Island
County of Providence
In Providence on the 6th day of December A.D. 1927 before me personally
appeared William Gregson, Elizabeth Gregson, Thomas Bloomer and Henriette
Bloomer to me known and known by me to be the parties executing the
foregoing instrument, and they acknowledged said instrument, by them
sealed, to be their free act and deed.
Leighton M. Crompton
Notary Public
Received for record Dec. 12th 1927 at 10 o'clock A.M.,
and recorded by George B. Ross, Town Clerk
[Signature]
[Signature]
[Signature]
[Signature]
[Marginalia: W. H. & E. Gregson, T. & H. Bloomer to Old Colony Loan & Invest Bank. $5000. Mortgage.]
[Bottom note: Return discharge recorded farmland, June 5th A.D. 1934 at
six o'clock P.M. and signed by L. L. Brown
Town Clerk]