4/9/1928 · MORTGAGE · book 23 page 175 doc 8352

48 the amount of said note and secured by these presents. In testimony whereof we have hereunto set our hands and seals this twentieth day of January, AD 1930. Signed, sealed and delivered as executor of Thomas Erry Harold D. Livingstone William Rauhala Hilda Rauhala State of Rhode Island County of Providence ss. On this 20th day of January, AD 1930 before me, severally appeared William Rauhala and Hilda Rauhala each known to me and known to me, to be the individuals described in, and who executed the foregoing instrument and they severally acknowledged said instrument to be their free act and deed Harold D. Livingstone Notary Public. Received for record January 29th 1930 at 9.20 o'clock AM. and recorded by George W. Cross, Town Clerk The State of Connecticut to Whitney [illegible] [illegible] [illegible] [illegible] [illegible] [illegible] [illegible] [illegible] [illegible] [illegible] July 9th 98 [Signature] Alfonse C. Allen. [Signature] By Charles S. Long, Clerk. I, Now All Men by these presents, that I, Peter Kempforth otherwise known as Peter Kempforth of [illegible] in the Town of Bristol in the County of Barnstable and State of Rhode Island (hereinafter called the mortgagor) in consideration of ten thousand dollars to be paid by the Federal Land Bank of Springfield, a corporation duly established under the laws of the United States of America and having its usual place of business in the city of Springfield, Massachusetts (hereinafter called the mortgagee) September one thousand dollars the receipt hereof is hereby acknowledged, do hereby grant bargain sell and convey unto the said mortgagee its successors and assigns forever, all that land with the buildings and improvements thereon, situate in the Town of Charlestown in the

50 be kept in good and workmanlike manner; shall not abandon or cease to use said premises for home purposes; shall keep the buildings therein in good repair and if ever on them to become vacant or unoccupied, shall not permit waste upon any of said outings, shall not cut or remove wood or timber from said premises except for domestic use and shall not commit any nuisance upon any part of the granted premises or any breach of any of the covenants herein; the said [illegible] also said promissory note, and any endorsement thereon, be void as against any successor in possession if any default shall be made in the payment of any of said notes or principal payments at the times or times set in the manner stipulated in the Note, here or assessments aforesaid, or the same become payable, in all or any of them, or on any part thereof; it is hereby made of the covenant for maintenance hereinafter stipulated, or of any other of the conditions or covenants of this mortgage, then it shall be a forfeiture for the said mortgagee, its successor or assigns, to sell, whether in or parcels, all and singular the premises hereby granted or pretended to be granted or any parts thereof and, until and subject to the satisfaction of the said mortgage and, said Hannah Kenrick for her heirs, executors, administrators and assigns therein, at broker auction upon the premises, and to bid for and become the purchaser or purchasers at any such sale (and no other purchases or purchases shall be applicable for the application of the purchase money), first giving notice of the time and place of such publishing the same at least once each week for three successive weeks in some newspaper published in the town of [illegible] with power to adjourn such sale from time to time, provided that the publishing of said notice shall be continued, further with a notice of the adjournment or adjournments, at least once each week in the same newspaper, and its in or her own name or names or in the attorney or attorneys of the said mortgagee and the said Hannah Kenrick; (that said mortgagee of the intents may authorized and appointed with full power of attorney and revocation) to make presents execute and deliver to the said purchaser or purchasers seen sale a good and sufficient deed of the said premises in fee simple, and to receive the proceeds thereof in cash or checks and from such proceeds to retain all sums due under said mortgage, whether then due or to fall due thereafter, or the same or their remaining unpaid, and also the interest from the same, together with all expenses incident to such sale including legal fees hereunder, and to fees of counsel, and costs or expenses incurred in the exercise of all powers and authority, taxes, assessments and premiums accrued, some either therefore paid by the mortgagor,

52 in case of failure to pay when due all taxes, liens and assessments, hereby agree that the said mortgagee, its successors or assigns may pay the same and add the amount so paid, including all costs and expenses connected therewith, if the amount of the note secured hereby, and the amount so paid shall be a further charge upon said granted premises secured by these presents, and shall be payable on demand with interest at the rate of six per cent (6%) per annum, and in case the said mortgagee shall receive insurance money proceeding from fire on said buildings, hereby agree that the same may, at the option of the mortgagee be applied either to the payment of the mortgage or the portion such due then or may be due or set offset wholly or in part to the mortgagee, his heirs or assigns to repair or replace the buildings if destroyed, without affecting the mortgage for the full amount secured hereby unless destroyed by fire, act of God or other pursuant to this loan. And further issue covenant and agree that the stock until of the mortgagor, in the stock said be collateral to the said hereby secured and paying in amount $5,000.00, shall vest in me or my assigns until the term described premises subject to this mortgage, and that in the event of the foreclosure of this mortgage the said stock shall be cancelled and the proceeds thereof together with all dividends or other accumulations thereon applied in reduction of the debt hereby secured, this mortgage is subject to the provisions of "The Federal Farm Loan Act" approved June 17, 1916. In witness whereof, we have executed unto our hands and seals this 18th day of January, in the year of our lord one thousand nine hundred and thirty Signed and sealed in presence of F. B. Donovan Peter Kempthi L.S. Hanna Kempthi L.S. State of Rhode Island County of Providence On this before me personally appeared the above named Peter Kempthi and said Hannah Kempthi both of them to me known and known by me to be the grantors resulting The foregoing instrument, and acknowledged said instrument by them signed to be their free act and deed. F. Stewart Donovan Notary Public my commission expires June 31, 1931 Received for record January 20th 1930 at 1:30 o'clock P.M. Recorded by George H. Dorras, town clerk (For further details of this Mortgage see Book 41 Page 25)