The instrument's own words
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46 Know All Men by these presents, That I William Runkels of
the town of Narragansett, in the county of Washington and state of Rhode Island,
for and in consideration of the sum of one hundred fifty (150,) dollars well
and truly paid me by the Washington Trust company of the town of Westerly, county
of Washington and state of Rhode Island, the receipt whereof is hereby
acknowledged, I do hereby grant bargain sell convey and
convey unto the said Washington Trust company its successors and assigns
forever, a certain tract of land with all the buildings and improvements
thereon standing situate in said town of Narragansett, and bounded and
described as follows: Beginning at the Northeasterly corner of said tract
thence in a northerly direction twelve hundred and seventy (1270) feet
more or less, thence west more than in a westerly direction along a state road
one hundred and sixty (160) feet, more or less, boundaries more or lessly of
Edward S. Beaman; thence in a southeasterly direction along the bounds of said Edward
S. Beaman twelve hundred and seventy (1270) feet, more or less to
commence back east, seventy feet, more or less, thence along said fragment
one hundred and sixty (160) feet, more or less, to the point of beginning and
equallying, bounded Easterly and westerly by lands more or lessly of Frank
Homer, Hersey et al said Beaman such and brotherly by said Rightmost Brook
since the same premises conveyed to him by deed from Frank Homer
dated May 23, 1923, and deceased in the town clerks office in
said town in 1947 at age 77 and subject to the rights of way
reserved in said deed said described premises are hereby conveyed
subject to any mortgages then existing and held by the Washington Trust
company any more advanced to 1950. To have and to hold the said
granted and released premises, with all the buildings and appurtenances
to the same annexed, or in some wise appertaining to the said premises
including and adjacent fronts, such the said grantor for myself and
my heirs executors and administrators, do covenant and engage with the
said trustee its successors and assigns That of and above the encumbering
liens the owner of the above described premises, and some other
true possessor of the same in my own proper person hereby and absolute
state of tenant in fee simple and have good right to sell convey
and confirm the said premises in manner aforesaid and that
the said premises and appurtenances with the appurtenances and all
remembrances of right name or nature whatsoever, free from all
liens debts or claims, except those which this present deed describes as
being reserved. Furthermore I the said grantor for myself and
my heirs executors and administrators do covenant and engage this
the released premises to the said trust company its successor and
assigns from the free claims or demands of any person or persons
whatsoever, ever to be forever secure and defend by these presents
the said Edward mentioned. And, Hilda Runkels wife of said
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William Rauhala, hereafter included in the town records, in consideration of the
sum paid or agreed, do hereby release and forever quitclaim unto the said grants
to successors and assigns, all my right of tenure in and to the described premises.
The condition of this deed is such that whenever we the said grantor, now indebted
on mortgage promissory note for the sum of one thousand and fifty dollars
bearing interest date ninth, and must payable to the said mortgagees in our insurance
or other six months date with interest on the rate of six and one half percent
per annum, payroll summed annually in advance, if on the [blank]
said payment or any other form payment, we shall have not in at satisfying again
with the natural terms according to the tenor of this mortgage from this day forward,
otherwise shall be and remain in full force and effect. Furthermore, we the
said grantor do hereby covenant and agree with the said grantee to successor and
assigns our covenants irrevocably, with full power 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 semi
annual interest due thereon, and such default shall continue for sixty days, it is
duty to sell at public auction the mortgaged described property, having first given
them forty days notice of the trial and date of proceeding by publishing in the form
at least once a week for their successors within one of the local
newspapers published in North Smithfield county and in our names or in its
their name or names to make and deliver to the mortgagee or his successors
therey, any deed until that shall be set in such manner or
purchased costate in full simple tenure, out of sale through funding
with our said attorneys commit to enter or advance on said loan from time to
times, are authorized their attorneys to execute the amount due to me
may be obtained and, after the payment full the mortgage shall be wanting to sign
said release papers, to fully, and appropriately discharge the witness thereof to the payment
of the amount of principal and interest of said note being fully insured, we
hereby agreeing that in case of a sale or default in the payment of said
semi annual interest the mortgage of our said note shall be sold and
payable on the day of each six month returning to us or our heirs and assigns,
for all sum over and above the amount hereof we hereby ratifying and
confirming such sale or sales as may be made or caused to be made by virtue
hereof. Furthermore, we the said grantor do covenant and or our heirs,
executors, administrators and assigns, do hereby covenant with the said
grantee, to successors or assigns, that insurance against fire for the said
shall be kept and maintained when the buildings on the premises aforesaid,
in a sum not less than one hundred fifty dollars and shall the policy
or policies of such insurance shall be assigned and transferred to the said
grantee, to successors and assignees, as collateral security hereinto, and in
default thereof, we hereby agree that the said grantee, to successors or
assigns, may effect such insurance, and the premium or premiums
paid therefore shall be a further lien upon the said estate added to
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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
to me known and known to me, to be the individuals described in,
and who executed this 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 Mortgage from J. S. Curry the same, being full payment
of the debt and interest thereon, is hereby released and discharged
of all its effects and the property described in
Mortgage Book Volume 20, p 20, is hereby released and discharged of premises
And it is further agreed and it is hereby agreed that this
is the payment out of and satisfying the then existing, and he has here
after said it is done and it is done by it. Signed, sealed and delivered this 24th day of
July AD 9th
[Signature]
Alfred C. Allen.
The Mortgage from J. S. Curry, Trustee, etc.
By Charles G. Curry, Asst.
I, Now All Men by these presents, Witness that I, Peter Kempforth
otherwise known as Peter Kempforth of Providence in the Town of Providence in the County
of Providence 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 principal place of business in the city of
Springfield, Massachusetts (hereinafter called the mortgagee) dated December first
nineteen hundred and twenty four (called the mortgage), the receipt whereof 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
The page as recorded
