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Know all men by these Presents, That They
Elizabeth & [illegible] and Josephine Venera, both
of the Town of [illegible], County of Providence, State
of Rhode Island, being the makers called the mortgagors) and
[illegible] lightly land trust (5000.00) Dollars,
to the [illegible] Mutual Insurance Company, a corporation
organized under the laws of the State of [illegible]
in consideration of a certain promissory note of the
same date executed by the mortgagors in my favor,
and in consideration of the premises, do hereby acknowledge,
grant, bargain, sell and convey
to the trustee and their successors and
assigns:
All that certain lot of land situated in the town
of [illegible] running from, State of [illegible]
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page 2
angles, thence run northerly, along a line along
Pursuit, westernmost end enclosure by N 79° 2' W 100' w.
the land mentioned above, nine hundred ninety-two and
fifty four hundredths (992.54) feet, to an angle; thence run
northerly again along land of Samuel Pursuit, to another
corner, angle of 183° 29' south the line mentioned above
and three hundred ten and sixty three hundredths
(310.63) feet, to a deed highway, and the point of beginning.
Beginning, or however, otherwise bounded and contained,
Said real estate contains one hundred twenty-one thousand
on a Plat filed herewith for the Town of Cranston, R.I.,
Surveyed March 1923, For The Island Trust Company,
Scale 1" = 300' Louis H. Holbrook, Civil Engineer -’s will
Dawn & Charlestown reference D which is fully described in
hereby had and made, and the same runs linearly
part hereof, together with all buildings thereon and
now or hereafter may be erected thereon and
To have and to hold the above described premises,
with all the privileges and appurtenances thereunto
belonging, and bound and limited to the said Lakefront Trust
Company, its successors and assigns, forever.
Know all men by these presents, that I, as hereby, for
executors and for a certain period, trustees, and
administrators, covenant and warrant that the said
Company, its successors and assigns, are lawfully seized of the
premises; that there are no other claims or
that he has good right, full power and lawful
authority to sell and convey the same, as
aforesaid; and that said Lakefront Trust Company, it
successors and assigns, shall by these presents all
times hereinafter peacefully and quietly have and enjoy
the said premises, and that there are no mortgages
will or court heirs, executors and administrators
shall warrant and defend the same to named Lakefront
Trust Company, its successor and assigns, forever
against the lawful claims and demands of all persons.
And for the consideration aforesaid, I do hereby
expressly release all rights of mine and others in the
premises unto said Lakefront Trust Company, it
successors and assigns, forever.
Provided, Nevertheless, and this conveyance is
under the express condition, stating that if any
said mortgages, court heirs, executors, trustees, or administrators of
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380
all persons unto whom these presents shall come: Witnesseth that the United States Grant Company,
of [illegible], a corporation, due and lawful heir and successor of Fifty First Street Loan
and Trust Company, shall and whenever it shall see the said mortgage’s
or any other security shall be a promissory note for
the sum of [illegible] bearing interest at [illegible] per centum per annum in every state with those
interest payments payable to the holder of the said
note and said company are now from the date
with the interest calculated at the rate of [illegible]
per annum, payable semi-annually,
until the whole sum shall become due and payable
to the holder or holders thereof, and all outstanding
amounts shall be paid. Therefore, before any foreclosure,
or sale of the land and the roads became developed and paid,
and until such payment has been made, covenants of every kind
and description are hereby warranted and guaranteed, or
in respect of said mortgages, said the United States Grant
Company, as necessary may, be called
upon to pay, execute and perform whatever duties are now
or shall hereafter be requiredly connected, whereas then the
said notes shall be an honorary promissory note became and be the
necessary payment to be applied toward purpose whatsoever,
which payment shall be made in the payment of
the said promissory note and interest at the time
of the same, and that the owner aforementioned, and of the loan or
any other security shall become payable, etc,
any one or more of them, or any part thereof, any
one of them being paid or made, its share and amount corresponding
to the balance continues, where it shall be lawful for
the United States Grant Company, as necessary may,
and it is hereby agreed and promised and warranted, that the
said money paid, or advanced to the bank, every
part thereof, and the benefit and equity of
accruing from the said mortgage, their heirs,
executors, administrators and assigns, however, at
present existing, and is here forever because the
payment remains and is here forever because the
payment remains and is purchased only ante date (and
the purchase amount or purchase shall be announced
at the approximation of the purchase money)
equal paying service, of the time and place of payment
specified in the above, at least once each week for
thereafter several weeks, or some recovery performed
on the termination of the state of the said bank, with
payment in advance each and every term to be borne, provided
that the purchasing of said notes shall be continued,
page 4
to give and grant to [illegible] as trustee of the [illegible] for [illegible]
and his heirs and assigns each week in the sum of [illegible]
sale to be performed the premises or elsewhere as specified [illegible]
notices, and so on, or in the name of their own name of [illegible]
attorney or attorney of the said [illegible] more over [illegible] for her
by these presents elect hereby authorized and empowered to act with full
power of substitution and revocation, to makees, transfers and
deliver to the purchasers or possessors of said [illegible] all such
good and sufficient deeds or bills of sale and promises [illegible]
and to receive the proceeds of such sales and conveyances [illegible]
froms to return all such sums with interest accruing thereon [illegible]
to fulfill their thoughts, so that the said trust shall remain [illegible]
performed and also it is directed that she and the said trustees
shall with all speed execute and convey to such sales as aforesaid will
be carried out and other covenants entered into [illegible]
committed until the exercise of these powers, and with due
assessments as approved and all such money for insurance and
taxes etc then properly employed and necessary for such purposes the
surplus of such proceeds of sales [illegible] since there are
above the assessments [illegible] in accordance with the
with the force and payment according [illegible]
said [illegible] [illegible] [illegible] [illegible]
wood, then heirs heirs, executors and administrators [illegible]
all persons claiming through in said premises [illegible] by them
or under them, etc company [illegible]
John Case, etc [illegible] [illegible]
selves, and for a sum paid [illegible] [illegible]
and assigns, hereby covenant and promise unto [illegible]
First Company, its successors and assigns that we and our
heirs they could not warrant against encumbrances whatever and
deeds, conformably to such sale as well as
be meaning so advisable.
And Furthermore, we have [illegible]
for successors and heirs for a sum paid, covenants and promises
and assigns, hereby covenant and promise unto [illegible]
First Company, its successors and assigns that we and our
insure and against loss by fire [illegible] shall be kept and
maintained on the buildings on the premises [illegible]
said, in such office or offices [illegible] in [illegible]
Company, its successors and assigns shall [illegible]
in a sum and have been fifty four hundred ($5,400)
Dollars and that the same be paid in [illegible]
against such buildings shall be [illegible] [illegible]
amounts payable in case of loss, and said [illegible] amount
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