The instrument's own words
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constitute and appoint the said trustee its successors and assigns our attorneys
irrevocable, with full powers of substitution and revocation for us and in our name or
in their name or names at any time, in case default shall be made in the payment of
our said note, or of the sum annexed thereto the interest, and such default shall continue
for a term of ten days, to sell at public auction the premises aforesaid, or any part thereof
the said trustee giving notice of the time and place of sale by publishing the same at least once
in a newspaper circulated within one or more of the public newspapers printed in
Washington county, and in our name or names or in its own name or names to make and execute
to the purchaser or purchasers thereof any deed or deeds that may be necessary
to vest in such purchaser or purchasers an estate in simple fee thereof, and on such
terms (and paying our said attorneys power to receive the amount the amount the
sale from time to time) we do hereby authorize said attorneys to receive the amount the
same may be sold for, and to apply the payment of all the expenses incident to such
sale or sales, to apply and appropriate the residue thereof to the payment of the
amount of principal and interest of said note hereby secured, (and hereby agreeing
that in case of a sale for default in the payment of said principal and interest
the principal of the said note shall be cancelled and payable on the day of such
sale) accordingly and as to our heirs and assigns, for all sums owed and
above the amount of the note hereby certifying and confirming such sale or sales are
made or caused to be made as deputy trustee. Furthermore, the said
trustee for themselves and from their heirs, administrators and assigns are
hereby released and quitclaimed with the said trustee its successors and assigns any insurance against
loss by fire shall be maintained and kept in force on the buildings on the premises aforesaid,
in sums not less than fourteen thousand dollars, and the policy or policies of
such insurance shall be delivered and transferred to the said trustee, its successors,
and assigns, in consideration of certain sum and sum of different thereof, we hereby agree that
the said policy, its successors or assigns, may effect such insurance, that the premiums
or premiums paid thereon shall be a further lien upon said estate added to the amount
of principal and interest secured by these presents.
In testimony whereof, we have hereunto set our hands and seals this 7th day of
March, AD 1929.
Signed sealed and delivered
in presence of
[?] [?]
William B. Rathbone
Florence D. Rathbone
State of Rhode Island,
in Providence ss.
On this thirteenth day of March AD 1929 before me personally
appeared William B. Rathbone and Florence D. Rathbone each to me known and known
to me, to be the individuals described in and who executed the foregoing instrument,
and they respectively acknowledged and witnessed to be their free act and deed.
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